Terms of Service

Effective Date: March 2, 2025

1. Introduction

Welcome to Velocoin! These Terms of Service ("Terms") govern your access to and use of the Velocoin platform, services, and products (collectively referred to as the "Services"). By accessing or using Velocoin, you agree to comply with these Terms. If you do not agree with these Terms, you must not access or use our Services.

2. Account Creation and Eligibility

To use the Services, you must create an account. By registering for an account, you confirm that:

  • You are at least 18 years old (or the legal age in your jurisdiction to enter into a contract).
  • All information you provide during registration is accurate and complete.
  • You will update your account information promptly to keep it accurate and complete.

You must also complete identity verification (KYC) to use certain features, such as trading and withdrawing funds.

3. Account Security

You are responsible for maintaining the security of your account and for all activities under your account. You must:

  • Choose a secure password and enable two-factor authentication (2FA) for added protection.
  • Notify Velocoin immediately if you suspect any unauthorized access to your account.
  • Take all reasonable steps to ensure the confidentiality of your login credentials.

Velocoin is not liable for any loss resulting from unauthorized access to your account.

4. Use of the Services

You agree to use Velocoin’s platform and Services solely for lawful purposes and in accordance with applicable laws and regulations. You will not:

  • Engage in fraudulent, deceptive, or illegal activities.
  • Use the Services for money laundering, terrorist financing, or other illegal purposes.
  • Attempt to hack, manipulate, or otherwise compromise the security of the platform.
  • Use the platform to engage in market manipulation or unfair trading practices.

We reserve the right to suspend, restrict, or terminate your account for any violation of these Terms.

5. Trading and Transactions

Velocoin provides you with access to a range of cryptocurrencies for buying, selling, and trading. By engaging in any trade, you agree to the following:

  • Market Fluctuations: You understand that cryptocurrency prices are highly volatile and may fluctuate rapidly, and you bear all risks associated with trading.
  • Transaction Fees: Velocoin may charge transaction fees based on the type of trade. These fees will be disclosed before completing any transaction.
  • Transaction Finality: All trades are final once executed. If you mistakenly initiate a trade, Velocoin is not responsible for reversing or altering the transaction.
  • Order Types: Velocoin may offer different types of orders (limit orders, market orders, etc.). It is your responsibility to understand how these orders work.

6. Deposits and Withdrawals

Velocoin allows deposits and withdrawals of supported cryptocurrencies and fiat currencies. By depositing or withdrawing funds, you agree to the following:

  • Deposit and Withdrawal Limits: There are limits on deposits and withdrawals, which may vary depending on your account verification level and the payment method used.
  • Processing Times: While Velocoin strives to process all deposits and withdrawals promptly, processing times may vary depending on network congestion and other factors.
  • Third-Party Fees: Any fees charged by third parties, such as payment processors or cryptocurrency networks, are your responsibility.

Velocoin reserves the right to impose limits on deposits and withdrawals based on security or regulatory concerns.

7. Privacy and Data Security

Your privacy and security are paramount. Please refer to our Privacy Policy for detailed information on how we collect, use, and protect your personal data.

8. Risk Acknowledgment

By using Velocoin’s Services, you acknowledge and agree that cryptocurrency trading involves significant risks, including:

  • Volatility: Cryptocurrencies are highly volatile, and you may incur substantial losses.
  • Security Risks: While Velocoin employs industry-standard security measures, no system is completely secure. You are responsible for protecting your account credentials.
  • Regulatory Risks: Cryptocurrency markets are subject to varying regulations across different jurisdictions. Velocoin does not guarantee that the Services will always be compliant with the laws of your jurisdiction.

9. Account Suspension and Termination

Velocoin reserves the right to suspend, restrict, or terminate your access to the platform, at our sole discretion, if you violate these Terms, engage in illegal activities, or fail to comply with our policies.

If your account is terminated, you may withdraw your funds subject to the terms of our Deposit and Withdrawal Limits.

10. Fees and Charges

Velocoin charges fees for various services, including trading, deposits, and withdrawals. All fees are disclosed transparently before you complete any transaction. These fees are subject to change, and it is your responsibility to review the applicable fees before making any transaction.

11. Limitation of Liability

To the fullest extent permitted by law, Velocoin will not be liable for any direct, indirect, incidental, special, or consequential damages arising from your use of the platform, including but not limited to losses due to:

  • Trading losses caused by market fluctuations.
  • Unauthorized access to your account.
  • Delays or errors in processing transactions.
  • Any other issues related to the use of the platform.

12. Indemnity

You agree to indemnify and hold harmless Velocoin, its affiliates, employees, agents, and partners from any claims, losses, liabilities, damages, or expenses (including legal fees) arising out of your use of the platform or violation of these Terms.

13. Changes to the Terms

Velocoin reserves the right to amend, modify, or update these Terms at any time. Any changes will be communicated to you via email or posted on our platform. Your continued use of the Services after such changes constitutes your acceptance of the updated Terms.

14. Governing Law and Dispute Resolution

These Terms are governed by the laws of the jurisdiction in which Velocoin operates. Any disputes arising from or related to these Terms shall be resolved through binding arbitration or another dispute resolution process as specified by Velocoin.

15. Contact Information

For any questions, concerns, or inquiries related to these Terms of Service, please contact us at:


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