Updated: 27.01.2024
last updаte: the new condition has been added
1. General Provisions.
This agreement (hereinafter referred to as the Agreement) describes the terms and conditions based on which services are provided by LASLOBIT.cc and is an official written public offer, addressed to individuals and legal entities (hereinafter referred to as the Client), to conclude an Agreement on the provision of services by LASLOBIT.cc on the terms set out below.
The Client undertakes to familiarize themselves with the terms of the Agreement on the provision of services by LASLOBIT.cc in full before using the LASLOBIT.cc services.
The Client can use the LASLOBIT.cc services only after acceptance of all the terms of the Agreement.
The current version of the Agreement is available for public access on the LASLOBIT.cc website.
2. Terms and Definitions used in the Agreement
LASLOBIT.cc (the Service) is a systеm for providing Internet services for the exchange, sale and purchase of electronic currencies.
Website – https://laslobit.cc
Client is any individual or legal entity that wishes to use the LASLOBIT.cc services and has accepted the Agreement in accordance with its terms.
Payment systеm is a third-party software product that is a mechanism for accounting of monetary (digital money) and/or other obligations, payment for goods and services on the Internet, as well as for the organization of mutual settlements between users.
Electronic Currency is a monetary and/or other obligation between the developer of a given currency and its user, expressed in a digital form.
Payment/Transaction is a transfer of Electronic Currency and/or other currency from the payer to the recipient.
Payment systеm Client is a person who has entered into an agreement with the relevant payment systеm for the acquisition of property rights of claim against it, measured in conventional units accepted in the relevant payment systеm.
Order is an expression of the Client’s intention to use one of the services offered by LASLOBIT.cc by filling out an electronic form through the LASLOBIT.cc website, on the terms described in the Agreement and specified in the Order parameters.
Source Currency means Electronic Currency, which the Client wishes to sell or exchange.
Source Account means a wallet number or any other designation of the Client’s account in the Payment systеm, from which the Source Currency was transferred.
Received Currency means Electronic Currency, which the Client receives as a result of the sale or exchange of the Source Currency.
Beneficiary Account means a wallet number or any other designation of the Client’s account in the Payment systеm, to which the Received Currency will be transferred.
Currency Reserve means the amount of certain Electronic Currency available to LASLOBIT.cc at the time of the Order formation.
Currency Exchange means the exchange of Electronic Currency of one payment systеm for Electronic Currency of another payment systеm.
Rate is the ratio for exchange of two electronic currencies.
Electronic Currency Reserves means the amount of electronic currencies available to LASLOBIT.cc or funds for performing services. The amounts of reserves are indicated on the main page of the LASLOBIT.cc website.
Partner is a person providing LASLOBIT.cc with the Clients attraction services. The terms of providing these services are described in this Agreement.
3. Subject and Entry into Force of the Agreement
3.1. The subject of this Agreement is the provision of the following services to the Client by the LASLOBIT.cc:
3.1.1. exchange of Electronic Currency;
3.1.2. sale of Electronic Currency to the Client;
3.1.3. purchase of Electronic Currency from the Client.
3.2. The Client is considered to have accepted the terms of this Agreement (Offer) in case of:
3.2.1. Submission of the Order for one of the services offered by LASLOBIT.cc;
3.2.2. Registration on the LASLOBIT.cc website.
3.3. When submitting an Order, the Client’s actions on completing the Order formation and confirming their intention to make a transaction with the Service on the terms proposed by the Service are recognized as the acceptance of the public offer. The date and time of acceptance, as well as the parameters of the Order terms, are fixed by the Service automatically at the time of completion of the Order formation. This Agreement enters into force at the moment of receipt of Electronic Currency or funds from the Client to the details of the Service in the amount specified in the Order parameters.
3.4. In case of registration on the Service’s website, this Agreement enters into force as soon as the Client checks the box in front of the words “I have read and agree with the rules of the service” and clicks the “Register” button.
3.5. The Agreement is valid indefinitely until the termination of the Agreement on the initiative of one of the parties on the terms specified below.
4. Services and Procedure for Their Provision
4.1. General procedure for the provision of services by LASLOBIT.cc
4.1.1. Ordering the LASLOBIT.cc services is carried out by the Client by sending an Order through the Service’s website.
4.1.2. The Client can control the exchange process or receive information about the service progress using the corresponding user interface on the LASLOBIT.cc website.
4.1.3. LASLOBIT.cc executes Orders on an irrevocable basis in accordance with the operating conditions of the relevant Payment systems. Incomplete orders may fall under the Refund Policy, which can be found at https://laslobit.cc/moneyback/.
4.1.4. LASLOBIT.cc is not responsible for the actions of the Payment systеm to its Client. The rights and obligations of the Payment systеm and its Client are governed by the terms of service provision of the respective Payment Systems.
4.1.5. By using the LASLOBIT.cc services, the Client confirms that they legally own and dispose of the funds and Electronic Currency participating in the relevant Payment.
4.1.6. The Client undertakes to calculate and pay independently all taxes required in accordance with the tax legislation of the Client’s location.
4.2. Electronic Currency Exchange Service
4.2.1. By filling out an Order, the Client instructs, and LASLOBIT.cc, on its own behalf and at the expense of the User, takes actions to exchange Electronic Currency of one Payment systеm (Source Currency) for Electronic Currency of another Payment systеm (Received Currency) selected by the Client.
4.2.2. The Client undertakes to transfer the Source Currency in the amount specified in the Order, and LASLOBIT.cc, after receiving the corresponding Electronic Currency, undertakes to transfer to the Client the Received Currency, calculated at the Rate and in accordance with the tariffs of the Service.
4.2.3. The amount of the LASLOBIT.cc commission is reflected in the Order and confirmed by the Client on one of the pages of the user interface in the process of the Order formation.
4.2.4. The LASLOBIT.cc obligation on transfer of the Electronic Currency to the Client is considered fulfilled at the moment of the Electronic Currency writing off from the LASLOBIT.cc account in the corresponding Payment systеm, which is reflected in the history of transactions of the corresponding Payment systеm.
4.3. Electronic Currency Sale Service
4.3.1. By filling out an Order, the Client instructs, and LASLOBIT.cc, on its own behalf and at the expense of the Client, takes actions to purchase and transfer the Electronic Currency to the Client.
4.3.2. The amount of the LASLOBIT.cc commission for these actions is reflected in the Order and confirmed by the Client on one of the pages of the user interface.
4.3.3. Within 24 hours from the moment of receiving funds from the Client, in the amount specified in the relevant Order, LASLOBIT.cc is obliged to transfer the Received Currency to the details and in the amount specified by the Client in the Order.
4.3.4. LASLOBIT.cc has the right to cancel an Order for purchase of Electronic Currency created by the Client, if no payment for such an Order has been credited to the LASLOBIT.cc account within the time framework established for the exchange direction since the moment of such an Order formation.
4.3.5. The LASLOBIT.cc obligation on transfer of the Received Currency to the Client is considered fulfilled at the moment of the Electronic Currency writing off from the LASLOBIT.cc account in the corresponding Payment systеm, which is reflected in the history of transactions of the corresponding Payment systеm.
4.4. Electronic Currency Purchase Service
4.4.1. By filling out an Order, the Client instructs, and LASLOBIT.cc, on its own behalf and at the expense of the Client, buys Electronic Currency from the Client, and also takes actions to transfer the monetary equivalent to the Client in the amount specified in the Order.
4.4.2. Within 24 hours from the moment of receiving from the Client of the Source Currency in the amount specified in the relevant Order, LASLOBIT.cc is obliged to transfer to the Client the monetary equivalent of the transferred Electronic Currency, in the manner chosen by the Client when submitting the Order.
4.4.3. The amount the LASLOBIT.cc commission for these actions is reflected in the Order and confirmed by the Client on one of the pages of the user interface.
4.3.4. The LASLOBIT.cc obligation on transfer of the monetary equivalent of the transferred Electronic Currency is considered fulfilled at the moment of the corresponding amount writing off from the LASLOBIT.cc account.
5. Additional Terms of the Service Provision
5.1. If the amount of Electronic Currency or funds received by LASLOBIT.cc from the Client differs from the amount specified in the Order, LASLOBIT.cc has the right to consider this as the Client’s instruction to recalculate the Order according to the actually received amount of Electronic Currency.
5.2. If LASLOBIT.cc fails to comply with the conditions of the Electronic Currency or funds transfer under the Order to the details specified by the Client within 24 hours from the date of the Order payment, the Client has the right to demand the Electronic Currency or funds return in full, except as specified in this Agreement. LASLOBIT.cc can fulfill the request for the Electronic Currency or funds return only if, at the time of receipt of such a request, the monetary equivalent was not sent to the details specified by the Client. An increase in the term for the Electronic Currency or funds transfer may be caused by the orders processing conditions of individual Payment Systems, in this case LASLOBIT.cc bears no responsibility and no refund is provided.
5.3. According to the principles of the banking systеm, crediting funds to Visa/MasterCard/Mir and other payment systems’ bank cards may take up to 5 (five) banking days.
5.4. The Client may be denied the fulfillment of the paid Order without giving a reason. In this case, a full refund is made to the Client, taking into account the commission of the Payment systеm for making a payment to LASLOBIT.cc.
5.5. The User may be limited in creating applications without giving a reason. The term for such a limitation is set at the discretion of the Service.
5.6. The rate of the Electronic Currency is fixed by the Service for no more than the time set on the timer from the moment the Application is created. After expiration of this time, the Service reserves the right to updаte the rate.
5.7. The Service will wait for 1 (one) sent by the User confirmation of the Cryptocurrency transaction in the blockchain systеm at a fixed rate for no more than 60 minutes. After expiration of this time, the Service reserves the right to updаte the rate.
5.8. The LASLOBIT.cc service adheres to the Know your transaction (KYT) policy, which is aimed at checking cryptocurrency transactions for involvement in illegal activities according to the rules, which are located at: https://laslobit.cc/know-your-transaction-kyt/.
5.9. The LASLOBIT.CC Service has the right to suspend the transaction and to withhold User’s funds in order to prevent fraudulent and other actions that can cause financial and reputation losses for the Service or the User.
6. Change of Conditions and Force Majeure.
LASLOBIT.cc bears no responsibility for non-fulfillment or improper fulfillment of its obligation under this Agreement if such non-fulfillment or improper fulfillment is due to the occurrence of force majeure circumstances arising from extraordinary events, which LASLOBIT.cc could neither foresee nor prevent by reasonable measures, and LASLOBIT.cc took all possible and dependent measures for the proper fulfillment of its obligations. Force majeure circumstances inсlude, in particular: military actions, the impact of the forces of nature (earthquake, flood, etc.), decisions of state bodies.
In the event of force majeure circumstances, the deadline for fulfillment of the obligations under the Agreement is postponed for the period during which such circumstances and their consequences are valid.