OTC Swap Service Sample Clauses

OTC Swap Service. We may enable you to use OTC Swap Service (as defined below) provided by the third- party service provider ("OTC Swap Service Provider") through our Platform. OTC Swap Service allows you to exchange one type of eligible digital asset for another type of eligible digital asset, provided that the exchange is of a digital asset pair supported by the OTC Swap Service Provider ("Supported Pairs") or to converse a supported fiat currency (as provided by the Swap Service Provider from time to time) (" Supported Fiats") to a digital asset and vice versa in your Wallet Account ("Swap Service"). The OTC Swap Service Provider may choose to add, remove, change services and restrict services in certain jurisdictions or impose any additional terms and conditions on Supported Pairs and Supported Fiats from time to time, at its sole discretion and without providing prior notice to us or you. You should therefore carefully review and understand all applicable terms and conditions of service provided by the OTC Swap Service Provider before you proceed with any swap transactions. We will not be liable for any loss or damage arising from the use of OTC Swap Service as a result of the action or omission of the OTC Swap Service Provider. OTC Swap Service is subject to a conversion fee or a moment-in-time specific exchange rate ("Exchange Rate"). The Exchange Rate means the price as quoted on the Platform (as provided by the Swap Service Provider) of a conversion of Supported Pairs or Supported Fiats. The Exchange Rate is stated either as a "Buy Price" or as a "Sell Price", which is the price at which you may buy or sell digital asset(s), respectively. Due to the volatility in digital asset markets, the Exchange Rate may change constantly and rapidly. An exchange rate is only final when you approve the transaction and it has been accepted and confirmed. Conversion fees and Exchange Rates may be adjusted by the OTC Swap Service Provider at any time. The OTC Swap Service Provider may reject or cancel a swap transaction where it deems reasonably necessary. The relationship between the OTC Swap Service Provider and BGT is of an independent service provider, and nothing expressed or implied herein shall constitute the relationship of BGT and OTC Swap Service Provider. We are not OTC Swap Service Provider’s agent or representative. You agree and understand that in no event shall BGT or BG Group be liable under or in connection with this OTC Swap Services for any indirect, special, inc...