Terms and Conditions


These terms and conditions govern your use of service provided by Asset Gift Corporation, a private company incorporated on 28 June 2021 whose registered office is at 61 Hancock Street Unit #1, Boston, MA. 02114 (hereinafter in the text referred to as “Asset Gift”). Asset Gift provides services in the exchange of fiat currency and electronic money for cryptocurrency, via one time gifting product and/or a crowdfunding product . The Services are available via Asset Gift platform (hereinafter in the text referred to as “Platform”) exclusively. The Platform is a partially automated online system located on https://www.asset.gift (hereinafter in the text referred to as “Website”).

By accessing the Platform and using the Services, you agree that you have read, understood, and accepted all of the terms and conditions of Asset Gift. Asset Gift has the right to unilaterally change and modify terms and conditions at any time. Such changes and modifications will become effective upon publication on the Website (https://asset.gift/policies//). Accessing the Platform and using the Services constitutes your acceptance of the terms and conditions published on the Website at the moment of accessing the Platform. If you do not agree with the terms and conditions of Asset Gift published on the Website, you must stop accessing the Platform and using the Services immediately.


1. Definitions

“Customer” means a natural (physical) person who has agreed to all terms and conditions of Asset Gift, as well as other relevant policies, and is willing to use the Services available on the Platform.

“Order” means (i) purchase of cryptocurrency gift by the Customer from Asset Gift via the Platform, Know Your Customer checks of Asset Gift, the anti-money laundering and counter-terrorism financing program of Asset Gift, and disclosure as to the specific terms of the Order, as indicated on this site. Each Order is a two-party transaction involving only Asset Gift and the Customer and no other party.


2. Main principles for provision of the Services

Asset Gift fulfills the Order, meaning the sale of cryptocurrency to the Customer or the purchase as specified in the Order placed on the Website and terms and conditions of Asset Gift, this Agreement, and the related disclosures.

Asset Gift purchases only those cryptocurrencies listed on the Website. The list of cryptocurrencies for sale and purchase may change without prior notice to the Customer.

Asset Gift does not provide the Services to legal (juridical) persons / entities.

Asset Gift does not provide financial / investment advice for the Customers. Asset Gift is not a bank. Cryptocurrencies are highly volatile assets, which means their price can move from extreme highs to extreme lows and vice versa within a short period of time. The Customer must assess such risks before accessing the Platform and using the Services.


3. Liability and Indemnification

Asset Gift undertakes to make reasonable efforts to ensure that Orders are processed in a timely manner, but Asset Gift makes no representations or warranties regarding the amount of time needed to complete processing, which is dependent upon many factors beyond the control of Asset Gift.

The Services are provided on an "as is" and "as available" basis without any representation or warranty, whether express, implied, or statutory. Asset Gift does not make any representations or warranties that access to the Website or the Platform, any part of the Services, or any of the goods and materials contained therein, will be continuous, uninterrupted, timely, or without errors. Asset Gift does not guarantee that any Order will be accepted. Except for the direct statements set forth in these terms and conditions, you hereby acknowledge and agree that you have not relied upon any other statement or understanding, whether written or oral, with respect to your access and use of the Platform and the Services. You hereby understand and agree that Asset Gift shall not be liable for any losses or damages arising out of or relating to: (i) any inaccuracy, defect, or omission of cryptocurrency price data, (ii) any error or delay in the transmission of such data, or (iii) interruption in any such data.

To the maximum extent permitted by applicable law, in no event shall Asset Gift, its subsidiaries and affiliates, beneficiaries, owners, shareholders, members of the board, directors, representatives, attorneys, officers, managers, employees, agents, and contractors be liable for any lost profits, decrease in value or business opportunity, any loss, damage, corruption or breach of data, or any special, incidental, indirect, intangible, or similar damages, arising in connection with authorized or unauthorized use of the Website or the Services, or these terms and conditions, except to the extent of a final judicial determination that such damages were a result of Asset Gift’ fraud, willful misconduct or intentional violation of applicable law.

You agree to indemnify and hold harmless Asset Gift, its subsidiaries and affiliates, beneficiaries, owners, shareholders, members of the board, directors, representatives, attorneys, officers, managers, employees, agents, and contractors from and against any claims, actions, proceedings, investigations, demands, suits, costs, expenses and damages connected to (i) your use of the Services, (ii) your violation of these Terms and Conditions, or (iii) your violation of other policies, guidelines or instructions of Asset Gift, or (iv) your violation of any applicable law, regulation, or rights of any third party during your use of the Services.

The Customer acknowledges that Asset Gift is not liable for actions of third parties providing investment or financial advice, investment services, or other kinds of services to the Customer through the Platform. Asset Gift strongly encourages the Customers to use the cryptocurrency wallets under their direct control. Asset Gift cannot be held accountable if the Customer rqeuests to send the purchased cryptocurrency to a cryptocurrency wallet outside of the Customer’s control.


4. Processing of Orders

  • Asset Gift is not responsible for delays or failures in the handling of operations arising as a consequence of any problems in the telecommunications, computer and other systems; block or closure of the accounts, freezing or holding of funds, denial of service; change of political regimes, civil strike; and actions of third parties, which are beyond the control of the Platform.
  • The Order is considered to be completed when: (i) Asset Gift receives settled funds and purchases the specified gift based on the terms of the transmitted order information. (if the Customer purchases a one-time gift or is gifting to a campaign);
  • If the Customer provides inaccurate or false information while filling out the Order, which later proves to be the reason why the Order cannot be completed, the fees associated with the Order refund shall be covered by the Customer.
  • According to the policy on the return of digitally delivered goods, the return of the transferred funds is not possible after the Order is completed.
  • The Services are only available to those Customers who had successfully passed Asset Gift’ Know Your Customer checks, the anti-money laundering, and counter-terrorism financing checks. These checks will vary based on the jurisdiction of the Customer.
  • Asset Gift reserves the right to request additional information and documents from the Customer if required by applicable law and Asset Gift’ internal procedures. If the Customer does not provide the requested information or documents, Asset Gift may limit the Customer’s access to the Platform.
  • If the cryptocurrency amount to be sent to the Customer differs from the market value by more than 2% between the Order start time and the time the Order is processed, Asset Gift reserves the right to contact the Customer and inform them about the new amount of cryptocurrency to be paid out.
  • In the implementation of the return, all commission costs for the cryptocurrency or fiat money transfers are withheld from the funds received from the Customer.
  • Asset Gift reserves the right to temporarily hold the funds transferred to it from the Customer due to attempted attacks on the server, as well as any attempts of hacking and cheating scripts of the Website. The funds will be returned to the Customer via the same means of payment upon request.
  • All information provided by the Customer during the use of the Services is confidential and cannot be disclosed to third parties. Exceptions are third-party service providers integrated with the Platform for anti-money laundering, counter-terrorism financing, and anti-fraud purposes, the request of law enforcement, the court's decision or similar legally binding requests.
  • By using the Services, the Customer agrees that the liability of the Platform is limited to the funds received from the Customers for the execution of the Order, the Platform does not provide additional warranty and assumes no additional liability to the Customer.

5. Resolution of Disputes Applicable Law

Asset Gift and the Customer agree that any disputes arising between them shall initially be attempted to be resolved by mutual negotiations. In such a case, the Customer shall contact Asset Gift by sending an email describing the dispute to support@asset.gift, and Asset Gift shall contact the Customer via the email that was used for registration or any other information that the Customer provided to Asset Gift in order to access the Platform.

The provisions of the Services shall be governed by and interpreted in accordance with US Law.


6. Form of the Terms and Conditions

The Customer and Asset Gift acknowledge that the digital form of these terms and conditions are legally equal to the terms and conditions executed in a written form and signed by both parties.


7. Third Parties

Asset Gift may share and transfer (including cross-border transfer) personal information of the Customer to the third parties in accordance with its Privacy Policy, and as prescribed by applicable law.


8. Termination Policy

Asset Gift reserves the right to immediately suspend the Customer’s account on the Website and hence access to the Platform for any reason including if Asset Gift suspects any violation of the terms and conditions, other policies of Asset Gift, or any applicable laws and regulations.

The Customer may terminate their account on the Website at any time, for any reason, or for no reason.


9. Eligibility

  1. Asset Gift prohibits the provision of the Services in certain jurisdictions (hereinafter in the text referred to as “Restricted jurisdictions”).
  2. Upon registration on the Website, the Customer represents and warrants that the Customer:
    1. is of legal age to form a binding contract (at least 18 years old);
    2. has not previously been suspended from using the Services;
    3. has full power and authority to use the Services;
    4. is not located in, or a resident of any Restricted jurisdictions, or
    5. will not use the Services if any applicable laws in the Customer’s jurisdiction prohibit the Customer from doing so.
  3. The list of Restricted jurisdictions includes:
    1. Afghanistan
    2. Albania
    3. Algeria
    4. Andorra
    5. Angola
    6. Antigua and Barbuda
    7. Argentina
    8. Armenia
    9. Australia
    10. Austria
    11. Azerbaijan
    12. The Bahamas
    13. Bahrain
    14. Bangladesh
    15. Barbados
    16. Belarus
    17. Belgium
    18. Belize
    19. Benin
    20. Bhutan
    21. Bolivia
    22. Bosnia and Herzegovina
    23. Botswana
    24. Brazil
    25. Brunei
    26. Bulgaria
    27. Burkina Faso
    28. Burundi
    29. Cambodia
    30. Cameroon
    31. Canada
    32. Cape Verde
    33. Central African Republic
    34. Chad
    35. Chile
    36. China
    37. Colombia
    38. Comoros
    39. Congo, Republic of the
    40. Congo, Democratic Republic of the
    41. Costa Rica
    42. Cote d'Ivoire
    43. Croatia
    44. Cuba
    45. Cyprus
    46. Czech Republic
    47. Djibouti
    48. Dominica
    49. Dominican Republic
    50. East Timor (Timor-Leste)
    51. Ecuador
    52. Egypt
    53. El Salvador
    54. Equatorial Guinea
    55. Eritrea
    56. Estonia
    57. Ethiopia
    58. Fiji
    59. Finland
    60. France
    61. Gabon
    62. The Gambia
    63. Georgia
    64. Germany
    65. Ghana
    66. Greece
    67. Grenada
    68. Guatemala
    69. Guinea
    70. Guinea-Bissau
    71. Guyana
    72. Haiti
    73. Honduras
    74. Hungary
    75. Iceland
    76. India
    77. Indonesia
    78. Iran
    79. Iraq
    80. Ireland
    81. Israel
    82. Italy
    83. Jamaica
    84. Japan
    85. Jordan
    86. Kazakhstan
    87. Kenya
    88. Kiribati
    89. Korea, North
    90. Korea, South
    91. Kosovo
    92. Kuwait
    93. Kyrgyzstan
    94. Laos
    95. Latvia
    96. Lebanon
    97. Lesotho
    98. Liberia
    99. Libya
    100. Liechtenstein
    101. Lithuania
    102. Luxembourg
    103. Macedonia
    104. Madagascar
    105. Malawi
    106. Malaysia
    107. Maldives
    108. Mali
    109. Malta
    110. Marshall Islands
    111. Mauritania
    112. Mauritius
    113. Mexico
    114. Micronesia, Federated States of
    115. Moldova
    116. Monaco
    117. Mongolia
    118. Montenegro
    119. Morocco
    120. Mozambique
    121. Myanmar (Burma)
    122. Namibia
    123. Nauru
    124. Nepal
    125. Netherlands
    126. New Zealand
    127. Nicaragua
    128. Niger
    129. Nigeria
    130. Norway
    131. Oman
    132. Pakistan
    133. Palau
    134. Panama
    135. Papua New Guinea
    136. Paraguay
    137. Peru
    138. Philippines
    139. Poland
    140. Portugal
    141. Qatar
    142. Romania
    143. Russia
    144. Rwanda
    145. Saint Kitts and Nevis
    146. Saint Lucia
    147. Saint Vincent and the Grenadines
    148. Samoa
    149. San Marino
    150. Sao Tome and Principe
    151. Saudi Arabia
    152. Senegal
    153. Serbia
    154. Seychelles
    155. Sierra Leone
    156. Singapore
    157. Slovakia
    158. Slovenia
    159. Solomon Islands
    160. Somalia
    161. South Africa
    162. South Sudan
    163. Spain
    164. Sri Lanka
    165. Sudan
    166. Suriname
    167. Swaziland
    168. Sweden
    169. Switzerland
    170. Syria
    171. Taiwan
    172. Tajikistan
    173. Tanzania
    174. Thailand
    175. Togo
    176. Tonga
    177. Trinidad and Tobago
    178. Tunisia
    179. Turkey
    180. Turkmenistan
    181. Tuvalu
    182. Uganda
    183. Ukraine
    184. United Arab Emirates
    185. United Kingdom
    186. United States of America
    187. Uruguay
    188. Uzbekistan
    189. Vanuatu
    190. Vatican City (Holy See)
    191. Venezuela
    192. Vietnam
    193. Yemen
    194. Zambia
    195. Zimbabwe

Disclaimer for customers from the United States of America

Asset Gift will reject such Orders if it is detected that the Customer performing them is a resident of the United States of America.


10. Complaints Policy

Asset Gift will always strive to provide an efficient and professional service, and will aim to provide prompt, courteous, helpful, open and informative advice in respect of every communication received.

Any Customer or potential Customer has the right to complain about the Services. The complaints should be communicated to Asset Gift by sending an email to support@asset.gift. Asset Gift undertakes to deal with each complaint and issue a response within 15 days of the initial complaint. Asset Gift records and analyzes all complaints in order to improve the Services.

Refund Policy


Asset Gift guarantees to any of its Users his/her right for refund if Asset Gift has not completed the process of purchasing the specified gifted Asset.

NOTE:

  • This Refund Policy concerns exclusively Transaction fees and Users’ Funds.
  • Asset Gift undertakes to make its best efforts to assist the Users in case of any disputes related to refunds of gifted crypto-currencies
  • Refunds and Returns in excess of the original amount are prohibited

  • General Conditions

    The User who has paid for the Asset Gift Services, i.e. paid a transaction fee may request a Refund or Return in accordance with the Eligibility Criteria as further set out herein.

    Refund/Return will only be considered where the User complies with the Eligibility Criteria in full. Where the User fails to meet any of the Eligibility Criteria, Asset Gift shall have the right, in its sole discretion, to decline the User’s request for a Refund/Return.

    In order to apply for a Refund/Return, the User must request a refund via our support email address - support@asset.gift

    To prevent Prohibited Conduct, all payments and information related to Refund/Return may be verified by Asset Gift. In such a case, Asset Gift may request the User to provide certain documents, including, but not limited to, identification documents, a copy of the User’s Payment Card and Invoice or/and any other proof of the fact that the disputed payment was made. In case the User fails to provide appropriate documents or information within three (3) days upon the Asset Gift request or in case of any doubts as to authenticity of the provided documents, Asset Gift shall be entitled to decline the User’s Refund/Return request.

    Asset Gift shall process the User’s Refund Form/Return Form as soon as it is reasonably practicable. Response times will vary depending on stated reasons for the request. In any case, Asset Gift shall notify the User on the outcome of the request in accordance with the timescales set out herein.

    The Refund/Return request will only be approved or declined after meticulous verification made by Asset Gift.

    NOTE: Submission of Refund Form/Return Form does not guarantee that the User’s request will be satisfied.


    CHARGEBACKS

    Asset Gift expects the User to contact it using support@asset.gift to resolve any problem or issue related to his/her payments, before the User makes any Chargeback request. This Section does not affect any rights and/or claims, which the User may have against the bank/financial institution.

    Asset Gift will investigate any Chargeback requests made by the User and in response will inform the User’s Issuing Bank whether any Service or Transaction has been canceled. Asset Gift reserves the right to suspend the User's account and lock the User's Funds during the chargeback investigation procedure.

    MISCELLANEOUS

    Any charges, which arise upon processing Refund/Return, shall be borne solely by the User. Such charges will be deducted from the final amount of the Refund/Return.

    This Refund Policy will be amended from time to time if there is any change in the legislation. Terms and conditions of the Refund Policy are subject to change by Asset Gift.

    In case the User does not wish to accept the revised Refund Policy, he/she should not continue to use Asset Gift Services. If the User continues to use the Services after the date on which the change comes into effect, his/her use of the Services is to be bound by the new Refund Policy.