FortuneX | DEX
Privacy & Policy

Acceptance and Change of Terms

Peer-to-Peer platform service that enables its users to exchange currency to and from bitcoin. Users can use the platform to create advertisements where they offer to buy or sell bitcoin. Other users reply to these advertisements and the two users can agree to meet to trade bitcoins for cash or complete the trade online. In order for a user to sell bitcoins they ("seller") must store the bitcoins in the LocalBitcoins.com web wallet belonging to their account from where the bitcoins are transferred to the user purchasing the bitcoins ("buyer") after the seller confirms the buyers payment. All trades on this site are conducted between users of the service. LocalBitcoins.com may help to resolve disputes between buyers and sellers. Acting as an escrow provider, LocalBitcoins.com is not itself a party of any bitcoin trade or transactions conducted by its users.

Registration and User Account

To be eligible to use our services you must be at least 16 years old. You may only use your own account at Bitcoins and you may only have one account registered. You may only act on your own behalf. You may not use your account to act as an intermediary or broker for any person or entity. You are not allowed to sell, borrow, share or otherwise make available your account or any detail necessary to access your account to people or entities other than yourself. You are responsible for maintaining adequate security and control of any and all usernames, passwords, two-factor authentication codes or any other codes or credentials that you use to access the services.

Conditions

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Identity Verification

In order to ensure LocalBitcoins remains a safe platform for all of our customers we may require you to verify your identity to access part of the services we offer. Identity verification may be required when you create advertisements, pass certain trade volume limits, during trade disputes, fraud investigations, and to ensure account ownership. As part of our ID verification process we require you to provide us with your full name as well as documents and photographs that verify your identity. ID verified accounts have a clear owner which makes it easy to return access to you if you lose all access to your account. It is very hard or impossible to return access to accounts that are unverified, even if you know your username, as it is difficult to identify the original account owner. All communication relevant to the trade must happen in the trade chat part of the trade in such a way that it is readily available for LocalBitcoins support staff to review. Communication that has not occurred on LocalBitcoins or that has been hidden, encrypted or otherwise obstructed from view is not taken into consideration during dispute review and dispute resolution