Terms and Conditions
1. The Agreement
This agreement is valid for individuals and companies using the website switchacoin.com to sell and buy Electroneum (ETN), which is a trading name of Buy back Mobile SRL. A company located and registered in Romania. Company details as follows:
Company Name: Buy Back Mobile SRL
Company Address: Soseaua Virtutii Nr 22d Corp B1, Ap 3, Sector 6, 060786, Bucuresti, Romania
Company Registration No: J40/11199/2011
By using this website to sell and buy Electroneum (ETN), you agree and acknowledge that the law of Romania is the only governing law and any complaints or legal issues are made in Romania and the Romanian court’s decision is applicable with no option to appeal to the supreme court in Romania or the European Union
By using this website to sell and buy Electroneum (ETN), you are agreeing to waiver any rights you have to any other countries legal systems and courts etc.
By using this website to sell and buy Electroneum (ETN), you are agreeing to waiver any rights you have to arbitration and dispute resolutions in any other countries, any and all arbitration and disputes can only be made by the courts in Romania as specified.
We are not liable in any way or form to refund money etc if you are in any country restricted from the sales and purchase of Electroneum (ETN). It is your responsibility to make sure you are legally entitled in your country to sell and buy ETN.
2. Our Service
We only sell and buy Electroneum (ETN) to and from users who have successfully completed the account opening procedure, and will only send fiat currency to the named bank account held and verified by switchacoin.com. This is due to Know your customer (KYC) and Anti Money Laundering (AML) compliance regulations.
3. Transactions of Electroneum (ETN) from you in exchange for fiat currency.
Transactions are made in real time using an approved merchant. Our approved merchants are compliant with all Know your customer (KYC) and Anti Money Laundering (AML) regulations.
4. Payment by You to Us for the purchase of Electroneum (ETN)
When we have confirmation that the selected amount of Electroneum (ETN) has been received into our Electroneum (ETN) wallet, the transfer of fiat currency will be processed instantly.
We are not liable for any delay in the sending of fiat currency to your predetermined bank account. We will not be responsible for any charges that you incur for your bank to receive this fiat currency on your behalf.
5. Payment of fiat currency.
Once the fiat currency has been sent to your bank, the transaction status will be updated in the “my orders” page in your account.
6. Duration and Termination of this Agreement
This agreement is valid and may be superseded by any updated agreement we update from time to time and send to your email to read and accept.
7. Limitation of Liability
By accepting this agreement, you as an individual or company waive your rights as specified to all limitation and liability.
8. Warranties and Indemnification
All individuals and Companies that accept these terms and conditions, confirms that switchacoin.com or Buy back Mobile SRL are not liable for any warranties and indemnification.
9. Your Personal Information
Your personal information is secured and we do not share your data with any third parties unless requested by legal government authorities looking into identity fraud and money laundering. In all cases, the data is only supplied if and when the legal authorities supply legal court documents demanding that we supply the data.
10. Delete my account and data
There is an option to delete your account. This suspends your account for 30 days, and within these 30 days you are able to reactivate your account and all of its data. After the 30 day suspension period, you would need to re-register as a new user.
Your data and transactions are transferred to a secure off-line environment for an additional period of 335 days. This will be a total 365 days since the date of deletion.
11. Modification of this Agreement
We offer a service for individuals and companies to sell and buy Electroneum (ETN) in real time.
13. Pricing and Fees
We offer real time prices for individuals and companies that wish to sell and buy Electroneum (ETN). We do not charge any commissions or additional fees. The price is inclusive to complete the purchase and there are no hidden fees.
14. Eligibility Individual Users and Corporate Users
The sellers and buyers of Electroneum (ETN) need to be 18 or over if an individual. Companies and NGOs must be active and not dissolved.
15. Prohibited Locations
It is your responsibility to make sure you are legally entitled in your country to sell and buy Electroneum (ETN).
16. Organized Crime and Coercive Activities
We only make payments to verified bank accounts confirmed by switchacoin.com. If at any point we are asked by our bank or local governments to supply or share data, we will do so through the legal process. The data will only be supplied if and when the bank or legal authorities supply legal court documents demanding that we supply the data.