This Trade Policy ("Policy") governs the use of VinanceCoin.com, a premier international Peer-to-Peer (P2P) cryptocurrency exchange platform ("Platform"). By accessing or using the services offered by VinanceCoin.com, you ("User" or "Trader") agree to adhere to the terms and conditions outlined herein.
As a P2P marketplace, VinanceCoin.com facilitates secure, transparent, and efficient transactions of cryptocurrencies between verified users, providing an escrow service to protect all parties involved. This Policy ensures that all users comply with both local and international legal frameworks and that trades are conducted in a safe, secure, and regulated environment.
VinanceCoin.com offers a comprehensive P2P trading platform that facilitates the buying and selling of cryptocurrencies directly between users. The services provided are as follows:
Cryptocurrency Listings: Users can post buy and sell orders for supported cryptocurrencies (e.g., Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Tether (USDT), etc.).
Escrow Service: All transactions are secured using an escrow system that temporarily holds funds in a secure account until both parties fulfill their obligations.
Trade Matching: The platform uses an advanced algorithm to match buy and sell orders based on price, volume, and payment preferences.
Dispute Resolution: In cases of disagreement or failure to meet trade terms, VinanceCoin.com provides a robust dispute resolution mechanism to ensure fairness and user protection.
To engage in P2P transactions on VinanceCoin.com, all users must meet the following criteria:
Minimum Age: Users must be at least 18 years of age (or the age of majority in their jurisdiction) at the time of registration.
Identity Verification: All users must complete a Know Your Customer (KYC) process before being allowed to participate in trades involving cryptocurrency transfers.
Geographical Restrictions: Users must ensure compliance with the legal requirements and regulations of their country or region before using the Platform. VinanceCoin.com reserves the right to restrict access to users from regions subject to sanctions or high-risk jurisdictions.
Regulatory Compliance: Users must comply with all applicable national, regional, and international laws, including anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
Buy Orders: A user may place a buy order specifying the quantity and price at which they are willing to purchase cryptocurrency. Once a matching sell order is found, the trade is initiated.
Sell Orders: A user may place a sell order specifying the quantity and price at which they are willing to sell cryptocurrency. A matching buy order will trigger the trade.
Limit Orders: Limit orders allow users to buy or sell at a specific price, with the order being filled once the market reaches the desired price level.
Market Orders: Market orders are executed instantly at the best available price.
Initiating a Trade: Upon placing a buy or sell order, the system will match the user with a suitable counterparty, initiating the transaction.
Escrow Mechanism: Upon confirmation of both parties’ agreement, the cryptocurrency is held in escrow to ensure a secure transaction. The asset remains in escrow until the buyer confirms the completion of the payment.
Payment Verification: The buyer is required to pay via an agreed-upon method (e.g., bank transfer, PayPal, or other supported channels). The buyer must confirm the payment in the system, triggering the seller to release the cryptocurrency from escrow.
Completion and Rating: After successful trade completion, both parties are encouraged to leave feedback and rate their experience. This feedback helps maintain transparency and builds trust within the platform.
VinanceCoin.com supports multiple payment methods to cater to an international user base. Payment methods may include, but are not limited to:
Bank Transfers (Domestic and International)
Digital Wallets (PayPal, Skrill, etc.)
Cryptocurrency Transfers
Cash Payments
Third-Party Payment Processors (e.g., Alipay, Venmo)
Important: All payment methods must be disclosed and agreed upon by both parties before initiating a trade. The platform does not support illegal payment methods or transactions that violate local laws.
VinanceCoin.com implements transparent fees for its services to maintain the platform's operations and security.
Trading Fees: A small percentage of each completed transaction is charged as a fee. The exact fee structure is disclosed on the platform and may vary based on transaction volume or type of cryptocurrency.
Withdrawal Fees: Users may incur network-based fees for withdrawing cryptocurrency to external wallets. These fees are subject to the respective blockchain network's conditions.
Cancellation Fees: A fee may be imposed for order cancellations initiated by the user after an order is confirmed.
All fees will be clearly displayed during the transaction process.
VinanceCoin.com is committed to maintaining a secure environment for all users. We implement industry-leading security protocols, including:
KYC and AML Compliance: All users are required to complete Know Your Customer (KYC) verification before completing a trade. This is to prevent fraudulent activities, money laundering, and terrorism financing.
Two-Factor Authentication (2FA): Users must enable 2FA for added account security to prevent unauthorized access.
Real-Time Monitoring: VinanceCoin.com employs real-time transaction monitoring to identify and prevent fraudulent activities such as identity theft, chargebacks, or transaction disputes.
Escrow Protection: The use of an escrow system ensures that cryptocurrencies are only released when both parties have fulfilled their obligations.
In the event of a dispute between a buyer and seller, VinanceCoin.com offers the following procedures:
In-platform Support: Users are encouraged to resolve any issues directly through the Platform's messaging and dispute resolution system.
Escalation to Customer Support: If the dispute is unresolved, users can escalate the issue to the VinanceCoin.com support team. Our team will review the case and assist in resolving the matter.
Arbitration: In cases where an agreement cannot be reached, the Platform offers binding arbitration with an independent third-party service to resolve the issue equitably.
By using VinanceCoin.com, users agree to the following responsibilities:
Accuracy of Information: Users must ensure that all personal and transaction details provided on the platform are accurate and up-to-date.
Compliance with Laws: Users must comply with all applicable laws and regulations governing their activities in their jurisdiction, including those related to taxation, currency exchange, and anti-money laundering.
Respectful Conduct: Users must engage in all transactions in a professional and respectful manner, refraining from abusive behavior, harassment, or fraudulent activities.
Non-Interference: Users must refrain from manipulating the platform or exploiting technical vulnerabilities for personal gain.
VinanceCoin.com maintains the following rights:
Account Suspension or Termination: VinanceCoin.com reserves the right to suspend or terminate user accounts for violations of this Trade Policy or other platform terms.
Regulatory Compliance: The Platform will comply with all relevant regulations and cooperate with law enforcement authorities as required by law.
Platform Availability: VinanceCoin.com strives to maintain continuous service availability but cannot guarantee 100% uptime.
VinanceCoin.com reserves the right to amend, update, or modify this Policy at any time to reflect changes in regulations, industry practices, or operational needs. Users will be notified of any changes via email or in-platform notifications. Continuing to use the Platform after such updates constitutes acceptance of the modified terms.
For support, inquiries, or additional information, please contact VinanceCoin.com:
Email: support@vinancecoin.com
By using VinanceCoin.com, you acknowledge that you have read, understood, and agreed to the terms outlined in this Trade Policy.