CoinWay Terms and Conditions


Last updated: 09/14/2023

Introduction

Welcome to the Coinway Investment App ("App"), provided by Coinway International (PVT) LTD ("Company," "we," "our," or "us"). By installing and using this App, you agree to the terms and conditions of this End-User License Agreement ("Agreement"). Please read this Agreement carefully before using the App.

If you do not agree with any part of this Agreement, do not proceed with the installation or use of the App.

Investment Disclaimer


Risk Acknowledgment

  • You acknowledge that all investments carry inherent risks. The cryptocurrency market, in particular, is known for its volatility. You understand that there is a risk of financial loss associated with your investments in the App.

Limited Income:

  • You agree that any income or profit generated from your investments through the App is not guaranteed. The maximum potential income from your investments in the App is limited to 300% of your initial investment amount. The actual income may vary based on market conditions.

Investment Disposal:

  • When your investments in the App generate profits equivalent to three times your initial investment amount, those assets will be considered fulfilled, and the investment will be terminated. To continue investing, you may re-invest using available packages.

Investment Limits and User Responsibilities


Investment Levels:

  • Users may invest any number of times once they reach a certain level of investment. However, if you have not reached that level, you are limited to two investment attempts of the same value package.

Market-Dependent Returns:

  • You understand and accept that the returns and profits generated by the App are subject to market conditions and may vary from month to month.

Investment Legitimacy:

  • You agree that the funds you invest in the App are authentic, and you certify that they are not derived from money laundering, criminal, or terrorist activities, nor will they be used for such purposes.

User Responsibility:

  • The Company holds no responsibility for user mistakes or decisions regarding investments. Your investments and their outcomes are your sole responsibility.

Irreversible Investments:

  • Investments made in the App packages cannot be removed or reversed once purchased.

Withdrawal and Revenue


Withdrawal Policy:

  • You may withdraw your earned revenue once it accumulates to a minimum of 10 USD. The Company reserves the right to change this withdrawal threshold at its discretion.

Revenue Start Date:

  • Revenue generation will commence one week after your initial investment is made.

Fees and Payment Process


Registration Fee:

  • Coinway International charges a one-time registration fee for first-time users. This fee covers the setup of your encrypted wallet and ensures secure access to our platform.

Deposit and Withdrawal Fees:

  • For every deposit and withdrawal, a fee of 10% is applicable. Please note that this fee is subject to change and may include various components such as transaction processing fees, gateway fees, and UAE taxation fees. It is essential to check our platform for the most up-to-date fee structure.

Payment Methods:

  • Users are only allowed to deposit and withdraw funds through their Binance accounts' Fiat and Spot Wallets using USDT (Tether). To initiate a payment, users must transfer funds from their Binance Spot Wallet to the provided Spot Wallet address on our platform. It is crucial to accurately copy and paste the Transaction ID (TxId) to enable tracking through the Binance blockchain network.

User Responsibility:

  • Users are responsible for ensuring the correct payment procedure. Coinway International will not be held responsible for any losses or missing funds resulting from user errors, including misdirected payments or mistakes made during the payment process. Coinway International will only account for funds that are verified and listed in the user's wallet as successfully deposited.

Valid Spot Wallet Address:

  • Users are required to provide a valid Spot Wallet address for deposits and withdrawals. Coinway International is not responsible for misdirected funds to any other account due to an incorrect address provided by the user. It is the user's sole responsibility to enter the wallet address accurately.

Withdrawals:

  • Users can initiate withdrawals for any amount that exceeds the minimum withdrawal threshold at any time. Please note that profits will not be automatically transferred to your wallet. Users are required to initiate the withdrawal process themselves.

Fee Application:

  • The aforementioned fee structure will be applicable for any transactions initiated by the user, including deposits and withdrawals. Users are advised to review the fee structure regularly for updates.

Contact Information


If you have any questions or concerns about this Agreement, please contact us at contact@coinwayinternational.com

Governing Law


This Agreement shall be governed and construed in accordance with the laws of finance and commerce in UAE, without regard to its conflict of law provisions.

Regulation of Cryptocurrency Exchanges

  • The UAE introduced regulations for cryptocurrency exchanges, which require them to register and comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. The regulations aim to ensure the legitimacy and security of crypto trading platforms.
The Regulatory Framework for Stored Values and Electronic Payment Systems
  • This regulatory framework, introduced by the UAE Central Bank, provides guidelines for licensing and regulating payment service providers, including those dealing with cryptocurrencies.
The Financial Activities Regulated by the Abu Dhabi Global Market (ADGM) Regulations 2015
  • The ADGM introduced regulations that are favorable to fintech companies, including those involved in cryptocurrency activities. ADGM is a major financial free zone in the UAE.
The Dubai International Financial Centre (DIFC) Regulations
  • DIFC has established its own regulations governing fintech and cryptocurrency-related businesses. It has created a regulatory sandbox that allows businesses to test their innovations within a controlled environment.
Initial Coin Offering (ICO) Regulations
  • The UAE Securities and Commodities Authority (SCA) has issued guidelines and regulations regarding ICOs, which provide a framework for conducting ICOs in compliance with UAE law.
Crypto Exchange Regulations
  • Cryptocurrency exchanges operating in the UAE are required to obtain licenses and comply with AML and KYC regulations. These regulations are aimed at ensuring the security and integrity of cryptocurrency trading platforms.
Digital Assets Regulations
  • The SCA has introduced regulations specific to digital assets, providing a legal framework for the issuance and trading of digital assets, including cryptocurrencies.
Support for Blockchain Initiatives
  • The UAE government has launched several blockchain initiatives and partnerships, emphasizing the potential of blockchain technology for various sectors, including government services, supply chain management, and more.
Islamic Finance Compatibility
  • The UAE has been proactive in ensuring that cryptocurrency and blockchain solutions adhere to Islamic finance principles, making them more accessible to Islamic finance institutions and investors.

CoinWay Investment app :


By clicking "Agree" in the coinway app you affirm that you have thoroughly reviewed and comprehended the associated risks and available methods on our platform.

You are unequivocally and completely in agreement with these terms. Your acceptance of this digital user agreement is entirely voluntary.

You acknowledge that any gains or losses incurred on the platform are your sole responsibility to manage, and we bear no liability.

Your agreement by clicking "Agree" in the coinway app signifies your commitment to these terms. If you disagree, please select "Exit."