Orders and Transactions. 10.1. The Platform allows the User to create (initiate) the Orders to buy or to sell Virtual assets. 10.2. By creating (initiating) the Order the User makes an offer to all other Users to conclude a Transaction on the terms and conditions specified in the relevant Order. Constanta unilaterally sets the interface for creating (initiating) the Orders, determines possible types of the Orders and which parameters of the Order shall be determined by the User, who initiates it. 10.3. The User agrees that the Order may be executed both in full and by parts. 10.4. To create (initiate) the Order the User shall have enough Funds on the Account to meet (to execute) his/her obligations corresponding with the Order (as well as other active Orders opened by the User). 10.5. The User recognizes that the Order should only be submitted after careful consideration and the User understands and accepts the consequences of its execution. The User agrees that as soon as the Order is executed, such Transaction is irreversible and may not be cancelled. Transactions will be executed instantly upon the matching of the seller's and the buyer's Orders without prior notice to the seller and the buyer and will be considered to have taken place at the execution date and time. 10.6. The User acknowledges and agrees that in case the destination address is not specified and/or is incorrectly indicated and/or if the reference number (for example, memo) is incorrectly specified; and/or if the Deposit is made from the network (Token standard) which is not supported by ▇▇▇▇▇▇▇▇▇; and/or if the Withdrawal is made to the network (Token standard) which is not supported by the recipient; and/or if the network (Token standard) wrongly selected by the User; and/or if the wallet addresses specified with the incorrect memo (Destination tag); and/or if the other details of User’s Transactions specified incorrectly, the User may lose the Funds or it may cause delay of the Order execution. In such cases, the User himself/herself bears responsibility for his/her inaccurate and incorrect actions and also carries the risk of losing Funds. Constanta in any case will not compensate for such losses. 10.7. Constanta may set a minimal and maximal Order amount and/or other restrictions (limits) for the trade Orders (operations). Restrictions (limits) may vary for each trading pair (and/or depending on other details). 10.8. All operations on the User’s Account, including those related to making Deposits, Withdrawals, creating/executing the Orders are displayed in the User’s Account. 10.9. The pending Order not canceled by the User, who has made it, is valid until executed. Nevertheless, ▇▇▇▇▇▇▇▇▇ reserves the right to set time limits for the pending Orders.
Appears in 1 contract
Sources: Terms of Use
Orders and Transactions. 10.1. The Platform allows the User to create (initiate) the Orders to buy or to sell Virtual Digital assets.
10.2. By creating (initiating) the Order the User makes an offer to all other Users to conclude a Transaction on the terms and conditions specified in the relevant Order. Constanta WHITEBIT unilaterally sets the interface for creating (initiating) the Orders, determines possible types of the Orders and which parameters of the Order shall be determined by the User, who initiates it.
10.3. The User agrees You agree that the your Order may be executed both in full and in part or by parts.
10.4. To create (initiate) the Order the User you shall have on your Account enough Funds on the Account to meet (to execute) his/her your obligations corresponding with the Order (as well as your other active Orders opened by the UserOrders).
10.5. The User recognizes that the Order should only be submitted after careful consideration and the User understands and accepts the consequences of its execution. The User agrees that as soon as the Order is executed, such Transaction is irreversible and may not be cancelled. Transactions will be executed instantly upon the matching of the seller's and the buyer's Orders without prior notice to the seller and the buyer and will be considered to have taken place at the execution date and time.
10.6. The User acknowledges and agrees that in case the destination address is not specified and/or is incorrectly indicated and/or if the reference number (for example, memo) is incorrectly specified; and/or if the Deposit is made from the network (Token standard) which is not supported by ▇▇▇▇▇▇▇▇▇; and/or if the Withdrawal is made to the network (Token standard) which is not supported by the recipient; and/or if the network (Token standard) wrongly selected by the User; and/or if the wallet addresses specified with the incorrect memo (Destination tag); and/or if the other details of User’s Transactions specified incorrectly, the User may lose the Funds or it may cause delay of the Order execution. In such cases, the User himself/herself bears responsibility for his/her inaccurate and incorrect actions and also carries the risk of losing Funds. Constanta in any case will not compensate for such losses.
10.7. Constanta may set a A minimal and maximal Order amount and/or other restrictions (limits) for the trade Orders (operations)) may be set. Restrictions (limits) may vary for each trading pair (and/or depending on other details).
10.8. The User can use Voucher (if applicable on the Platform) to transfer Digital assets to/from the Account. The Voucher should be used before its expiration date set by WHITEBIT. WHITEBIT shall not be liable and shall not accept any liability, obligation or responsibility whatsoever for any loss or damage arising from the User's use of the Voucher purchased from any third parties or acquired in any other way. To avoid doubts, the User is solely responsible for ensuring that the Voucher they acquired is genuine, valid and redeemable.
10.9. All operations on the User’s Account, including those related to making Deposits, Withdrawals, creating/executing the Orders are displayed in the User’s Account.
10.910.10. The pending Order not canceled by the User, who has made it, is valid until executed. Nevertheless, ▇▇▇▇▇▇▇▇▇ WHITEBIT reserves the right to set time limits for the pending Orders.
Appears in 1 contract
Sources: User Agreement