Terms of Service
This document describes how to use the PolProcenta service: what happens at each step, what the service is responsible for and what remains with you.
Updated:
What the service does
PolProcenta shows the calculation before a request is created, holds the terms for a limited time, and passes the request to an operator, with whom the exchange is completed on Telegram.
The service is not a bank, a payment system or a cryptocurrency exchange. It helps agree an exchange and carry it out.
The calculation and locking the terms
- The final amount is visible before a request exists.
- Until it is confirmed, the calculation can change: it reflects the direction's current terms.
- Once confirmed, the terms are held for the limited time shown on screen.
- When that time has passed, current terms apply — the earlier ones no longer do.
The request
A created request receives a number. That number is how the transaction is found: an operator finds it by that number, and it is what you quote when you get in touch.
Creating a request is not a transfer of money. Nothing moves at that step — the exchange happens afterwards, in the conversation with an operator.
What remains with you
- Accurate request details and receiving details.
- Checking those details before a transfer — once money has been sent, a mistake cannot be undone.
- Using your own accounts and wallets.
- Complying with the law of your country regarding such transactions.
When an exchange may not go ahead
A request may not be carried out where a required check cannot be completed, where a direction is temporarily unavailable, or where the details given prove to be inaccurate. The grounds for checks are set out in the AML/KYC policy.
Risks
Exchanging digital assets and transferring between payment systems carry risks that do not depend on the service: rate movements, delays in networks and in the payment systems themselves, and mistakes in payment details. These are covered separately in the risk disclosure.
Governing law
The law of Ukraine applies to the relationship arising from use of the service. Any disputes are determined under Ukrainian law.
Changes to this document
These terms may change as the service changes. The date they were last updated is shown at the top of the page.
Still have questions
If something here is unclear, or concerns a request of yours, write to a manager on Telegram.
Message us on TelegramThis document describes how the PolProcenta service works. It is not legal advice.