Coinsquare Networks, Inc., a Delaware company with its headquarters located at 2929 Arch Street, Suite 1700, Philadelphia, PA, 19104 (“Coinsquare”) welcomes you to www.coinsquare.com/atm (the “Site”). The services offered by Coinsquare through the Site and ATMs (as defined below) are referred to, collectively, as the “Service”.
IF YOU DO NOT AGREE WITH THE TERMS OF THIS AGREEMENT, PLEASE DO NOT ACCESS OR USE THE SERVICE.
The Service is not allowed for use by individuals who are under the age of eighteen (18) years old or who are not of the age of majority in the place where they are located or domiciled. Please see Section 4 below for details on that.
This Agreement applies to: (i) your use of the Service as offered on the Site; and (ii) any ATM Transaction occurring after you have accepted this Agreement.
The Service consists of Coinsquare directly (i) selling its own Crypto to you; or (ii) buying Crypto from you; and (iii) communicating Data between you, Coinsquare and Integrated Platforms.
Coinsquare is not a custodial service. Coinsquare is not a wallet and does not store your Crypto or Fiat.
When you make selections or adjust preferences made available to you in the Account, such selections shall form part of this Agreement.
The Service is not available for any user whatsoever. The following persons or entities are prohibited from using the Service (each, a “Prohibited User”): (i) persons or entities who appear on (A) the United States Department of the Treasury, Office of Foreign Assets Control (OFAC), Specially Designated Nationals List (SDN); (B) any of the lists reflected on the U.S. Department of Commerce Bureau of Industry and Security Lists of Parties of Concern (http://www.bis.doc.gov/index.php/policy-guidance/lists-of-parties-of-concern); (C) the United Nations Consolidated Sanctions List; (D) United Kingdom Financial Conduct Authority List of Prohibited Individuals; (E) Canadian Anti-Terrorism Act, Listed Entities; (F) Hong Kong Monetary Authority List; (G) Sky Net Wanted published by the Chinese government; (ii) persons or entities or who are nationals or residents of Cuba, Iran, North Korea, Sudan, or Syria; (iii) or entities who are less than 18 years of age or not of the age of majority in Your Jurisdiction; (iv) persons or entities located in or domiciled in a jurisdiction where use of the Service or Transactions is illegal or requires a license or registration that such person or entity does not hold; and (v) persons, or their Affiliates who have been subject to termination by Coinsquare.
If you are not yet both eighteen (18) years old and of the age of majority in Your Jurisdiction. We reserve the right to require you at any stage to provide proof of age, so that Coinsquare can verify that you are not a Prohibited User. Prohibited Users shall be blocked from using the Service.
The Service is not permitted for any use whatsoever. You shall not use the Service for any Prohibited Use (as defined in the glossary below). In addition, you warrant not to use methods to conceal the location from which you access the Site or Services, and that you will disclose to Coinsquare your accurate and true location.
The Service does not support any Transaction with any Integrated Platform or for any purpose whatsoever. You shall use the Service only in furtherance of Transactions involving only Crypto that has been indicated as compatible by Coinsquare (all other, crypto currencies or tokens that are not so indicated, “Prohibited Crypto”).
Some digital tokens are illegal securities. You shall not use the Service in respect of any trade in any shares, equity or other security, whether legal or not. If you are not sure whether a given asset is a security, please obtain legal advice in Your Jurisdiction, and consult the U.S. Securities and Exchange Commission (SEC) publications on ICOs (www.sec.gov/ICO) and related topics.
Coinsquare reserves the right to modify the Service, suspend or terminate it without prior notice to or consent from you. You agree that Data or other content available through the Service may be changed or removed at any time without any notice to you. Coinsquare shall not be liable to you or to any third party for any modification, suspension, error, malfunction or discontinuance of the Service. On any termination of this Agreement or the Service, other than for your default hereunder, Coinsquare shall complete Transactions initiated prior to such termination or return to you the Fiat or Crypto that you have advanced, if any, for such Transactions.
Coinsquare hereby offers to sell Crypto at each ATM at the price indicated in the ATM Disclosure, such as it is from time to time (“Purchase Price”). If you carry out a Coinsquare-as-Seller Transaction before accepting this Agreement, then only the ATM Disclosure shall apply between you and Coinsquare with respect to that Transaction. If you have accepted this Agreement, then both this Agreement and the ATM Disclosure shall apply to each of your Coinsquare-as-Seller Transactions. Each Coinsquare-as-Seller Transaction includes the following steps:
DO NOT DESTROY YOUR PAPER WALLET. YOUR PAPER WALLET IS VERY IMPORTANT BECAUSE WITHOUT IT YOU WILL NOT BE ABLE TO ACCESS THE CRYPTO YOU HAVE PURCHASED.
Coinsquare hereby offers to buy from you Crypto at the price and quantity indicated on the Site, such as they are from time to time. Each Coinsquare-as-Buyer Transaction consists of you selling an agreed type and quantity of Crypto to Coinsquare for a specific Fiat amount (the “Purchase Price”), all as per disclosure appearing in your Account on the Site, with the following steps:
An Integrated Platform Transaction does not include the transfer of any Crypto or Fiat by Coinsquare, instead, it consists of Coinsquare receiving or sending only Data from, to or between an Integrated Platform, Coinsquare and yourself. Coinsquare shall carry out Integrated Platform Transactions as per your instructions received through the Account or into the Account through an Integrated Platform.
Coinsquare is not a party to your Integrated Platform Agreement or other third party terms and has no liability to you or any third party under any of them. If you use Coinsquare to provide or receive Data so that an Integrated Platform or third party can transact for you or with you and such transaction succeeds or fails, Coinsquare shall have no liability to you for such outcomes and you shall look to only the Integrated Platform or third party for recovery. Coinsquare does not endorse any third party product or service even if such third party is an Integrated Platform.
Subject to additional terms and disclosure as may be provided on the Site, there may be additional Transactions available in the Service.
The Service, including but not limited to Transactions, are operated pursuant to the AML Program. Where any actual or potential Transaction is contrary to the AML Program, Coinsquare will not allow the Transaction to occur. During and following the term of this Agreement, you shall provide such Data as Coinsquare or any Integrated Platform shall require to perform a thorough review of you and each Transaction. Any failure by you to provide such information constitutes a material breach of this Agreement.
Coinsquare may charge you fees for its Services as determined in its sole discretion, all of which shall be disclosed to you in your Account or within the ATM Disclosure. Coinsquare does not represent that its purchase or sale price in any Crypto Transaction is equal to the then current market price for the subject Crypto. You can purchase or sell Crypto with third parties if you wish and at different prices that they may offer. Integrated Platforms may charge fees under their respective terms; please read them carefully before carrying out any Transaction. Your payment Card issuer or other payments provider may charge fees for use of your payment instrument when making a payment Transaction with a third party or with an ATM; Coinsquare is not liable for any such fees or other banking fees you may incur.
If you observe an error in any Transaction or any part of the Service, you must report it promptly to Coinsquare. Coinsquare will use commercially reasonable efforts to fully address any error that has occurred in the Service within thirty (30) days of its occurrence if it is reported to Coinsquare no later than 12 hours after its occurrence. If the error is reported more than 12 hours after its occurrence, Coinsquare shall use commercially reasonable efforts to resolve the matter.