Terms of Service


Thank you for choosing Naira4coin.com.This policy represents the Naira4coin and her websites Terms of Service ("TOS") in its entirety and supersedes any other written or oral policy. This policy defines the terms of service all customers agree to when they sign-up for any services with Naira4coin. By using the website; Naira4coin.com, and any associated websites, APIs, mobile applications, or retail products and/or services (collectively the “Naira4coin site &services”), you agree to be legally bound to this terms and acknowledge that you have read, understood, and accept all the terms and conditions contained therein.

These Terms constitute a legally binding agreement between you and Raolak Technologies Nigeria Limited, which is a company incorporated under the Companies and Allied Matters Act, Laws of the Federal Republic of Nigeria and operating under the brand name and websiteNaira4coin.com For the purposes of these Terms, any reference to “we” “us” “our” “Naira4coin” and/or any similar term shall be construed as reference to Raolak Technologies Nigeria Limited. Carefully read these terms before using the Naira4coin website because they may affect your legal rights and obligations.

1.0. Definition of Terms

1.1 “Digital Currency” or “Digital Currencies” means any and all supported virtual currencies, cryptocurrencies, and digital assets offered through Naira4coin site & services.

1.2 “Sale Order” or “Sale Orders” means any sale of Digital Currency to Naira4coin. A Sale Order is considered active and open when submitted. A Sale Order is considered completed and closed when your Digital Currency has been received and your bank account has been credited.

1.3 Naira4coin Unique Wallet Address; At the completion of your registration with Naira4coin, our website automatically generates a dedicated and unique wallet address for you with which you can sellyour digital currency of any value to us only.

1.4 “Naira4coin site” means, collectively, Naira4coin’s website; nara4coin.com, and any associated websites, APIs, and mobile applications.

2.0. General Use

2.1 Eligibility and registration; to register an account and use Naira4coin services, you must be at least 18 years of age. You must register an account with your legal name, telephone number, e-mail address, password, and affirmation of your acceptance of the Terms of Service and Privacy Policy before you can use Naira4coin website & services. You may not have more than one Naira4coin account and Naira4coin may in its sole discretion, refuse you an account, limit your account, or permanently close your account if you are suspected to be in violation of any of the terms or for any other reason deemed necessary.

2.2 Verification;Naira4coin website & Services include features such as a digital currency exchange, and as such, Naira4coin is required by law to collect and verify certain personal information for the purposes of identity verification and the detection of money laundering, terrorist financing, fraud, or other financial crimes. The personal information we are required to collect may include, but not limited to, your name, telephone number, e-mail address, physical address, date of birthand bank account information. You represent and warrant that any information submitted to Naira4coin is authentic and accurate and that you will update Naira4coin if any applicable information changes.

You authorize Naira4coin to, either directly or through third parties, verify your identity and/or protect against fraud and money laundering through any inquiries we deem necessary. Where Naira4coin carries out these inquiries, you acknowledge and agree that your personal information may be disclosed to credit reference and fraud prevention or financial crime agencies and that these agencies may respond to Naira4coin inquiries in full. This is an identity check only and should have no adverse effect on your credit rating.

Naira4coin may, in its sole discretion, suspend or permanently close your account for any reason, including, but not limited to, if you are suspected of violating this terms, providing fraudulent or falsified information, and/or using your account in a prohibited way.

2.3 Risk;Cryptocurrency is a not backed or value guaranteed by any financial institution; when purchasing cryptocurrency, the customer assumes all risk, the cryptocurrency may become worthless in value. You should research and consider the risks before selling/purchasing any cryptocurrency. Naira4coin makes absolutely no guarantee about the future value of the cryptocurrency purchased.

Digital Currency may also involve significant risks, including large price fluctuations. Naira4coin is not responsible for any changes in value of any Digital Currency sold through Naira4coin website, including, but not limited to, slippage or unforeseen price changes between order placement and execution.

Minimum and maximum purchase and/or sale order amounts are subject to change without notice, Naira4coin reserve the right to deny any transaction on the basis of it not satisfying these thresholds.

2.4 Rate and Payment: Naira4coin buying and selling rate is highly dynamic as it scans across international and local prices every minute to determine rate per time. Naira4coin pays for each transaction based on the buying rate as at when transaction receives at least one confirmation on the blockchain network.Live conversion rate for each digital currency is not controlled by Naira4coin. Paxful live rate is controlled by Paxful.com while blockchain rate is controlled by blockchain.com.

Naira4coin makes every effort to ensure instant payment for every digital currency sold on the platform. Delay in payment can be due to interbank transfer delay or very rare unforeseen circumstance from our end.

2.5 Taxes;you are solely responsible for any and all other taxes, which you are under a legal obligation to pay.

2.6 Account Security; it is your responsibility to ensure the correct wallet address has been used, failure to do so is wholly your loss and Naira4coin cannot be held responsible for any loss resulting from this, or any loss to any third party as a consequence of the inaccuracy.

You acknowledge and accept that you are completely responsible for protecting your account information which include but not limited to, your password, email address and telephone number. You are aware of phishing and spoofing attacks carried out through email, and you will carefully review communications to ensure they are legitimate and originate from Naira4coin. Naira4coin assumes no responsibility for any loss that may be sustained due to a compromise of your account, your personal information, or failure to follow communications delivered to you, or damages or interruptions caused by computer viruses, spyware, or other malware that may be contained in phishing attacks and messages. Always access your Naira4coin account directly through the Naira4coin website to prevent any unauthorized access to your account. If you believe your Naira4coin account has been compromised, you are uncertain about a message, or you suspect a phishing scam, please report the situation immediately to [email protected]

Any automated means of accessing the Naira4coin services not approved and provided by Naira4coin is expressly prohibited.

2.7 Account Suspension and Permanent Closure;Naira4coin may suspend, restrict, or permanently close your Naira4coin account for any reason deemed necessary, including, but not limited to, a court or authorized governmental agency order; heightened legal or regulatory risk to Naira4coin; abuse of the Naira4coin account, system, or promotions; or inability of our partners to support your Naira4coin account. You acknowledge and accept that Naira4coin is not required to notify you of our actions or the reasoning and that the decision may be based on confidential criteria and information. You may close your Naira4coin account at any time by contacting [email protected]

2.8 Disclaimer; You acknowledge and accept that information on the Naira4coin website, including, but not limited to, information on supported Digital Currencies, may not always be entirely accurate, complete, or current and may contain typographical errors. Naira4coin may change or update information on theNaira4coin website, including, but not limited to, information regarding its policies and Naira4coin Services, without notice to you. You should independently validate and verify any information on the Naira4coin website before relying on it, and Naira4coin shall have no liability for decisions based on information found on the Naira4coin website.

2.9 Waiver;disputes arising under this terms of service will be settled by negotiation if not resolved will further be subjected to binding arbitration. You and Naira4coin hereby expressly waive trial by any court proceedings and the right to participate in a class action lawsuit or class-wide arbitration. The prevailing party in the proceeding is entitled to reasonable costs and attorneys’ fees.

Kindly contact support @Naira4coin.com or open a support ticket on the Naira4coin website with any feedback, questions, or complaints relating to Naira4coin website and services

3.0. General Provisions

3.1 Governing Law; this terms of service will be construed in accordance with and governed by the laws of the Federal Republic of Nigeria.

3.2 Indemnification; You acknowledge and understand the meaning and legal consequences of the representations and warranties contained in this terms, and hereby agree to indemnify and hold harmless Naira4coin and any affiliate of Naira4coin, and the officers, members, managers, associates, related entities, agents, and employees of Naira4coin and their affiliates, and any professional advisers to any of the above parties, from and against any and all loss, damage or liability (including costs and reasonable attorneys’ fees) due to or arising out of a breach of any representation, warranty or acknowledgement of yours, your failure to fulfill any obligation contained in this terms of service or violation of any laws, rules or regulations, or the rights of any third party by you.

3.3 Force Majeure;Naira4coin shall not be liable for any failures or delays resulting from any situation beyond our reasonable control, including, but not limited to, civil unrest, government actions, earthquake, fire, flood, pandemic, epidemic, other acts of God, equipment failures,and Internet outages.

3.4 Amendments;Naira4coin may, to the extent permitted by applicable law, amend this terms and conditions (or add additional terms) at any time by posting the amended terms on the Naira4coin website, and any such amendment shall be effective upon such posting on the website. The amended terms shall be deemed accepted by you. If you do not agree to the amendments, your sole remedy is to immediately terminate use of Naira4coin Services and close your account. You agree that we shall not be liable to you or any third party for the loss suffered by modification or termination of Naira4coin Services or the suspension or termination of your Naira4coin account and access to Naira4coin Services. If an amendment is made for security purposes, Naira4coin may implement such amendment immediately, without prior notice to you and before such change may be posted on the website.

Every effort is made to keep the website up and running smoothly. However, Naira4coin takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

We do hope you enjoy our service and refer others to us.

Other Legal Documents:

  • Privacy Policy
  • AML
  • Naira4coin. | All Rights reserved.