Terms of Service

1. Eligibility

You must be at least 18 years old and legally permitted to enter into contracts in your jurisdiction to use P2PSwap. By registering, you confirm that you meet these requirements. We reserve the right to refuse service to anyone and to close accounts at our sole discretion.

2. Account Registration and KYC

You must provide accurate and complete information during registration. To post ads or initiate trades above certain thresholds, you are required to complete our Know Your Customer (KYC) verification process. Providing false information may result in immediate account suspension and reporting to relevant authorities.

3. Permitted Use

P2PSwap is a peer-to-peer marketplace. You agree not to use the platform to:

• Launder money or finance terrorism (AML/CFT violations)
• Conduct fraudulent transactions or scams
• Circumvent KYC/AML controls
• Trade sanctioned assets or with sanctioned individuals
• Violate any applicable local, national, or international law

4. Escrow Service

P2PSwap operates a non-custodial escrow mechanism. When a trade is initiated, the seller's crypto is locked in escrow until both parties confirm completion. P2PSwap does not hold your private keys. All escrow actions (release, cancel, dispute) are executed by our smart-contract-backed system and are irreversible once confirmed.

5. Fees

P2PSwap charges a trading fee on completed trades. Fee rates are published on the platform and may change with 30 days' notice. You are responsible for any applicable taxes in your jurisdiction.

6. Dispute Resolution

If a trade dispute arises, either party may raise a dispute within the trade window. P2PSwap's moderation team will review evidence submitted by both parties and may release funds to either side. P2PSwap's decision is final. We strongly recommend retaining payment evidence (screenshots, references) throughout every trade.

7. Prohibited Jurisdictions

P2PSwap services are not available to residents of jurisdictions subject to comprehensive OFAC sanctions or where peer-to-peer crypto trading is explicitly prohibited by law. It is your responsibility to ensure compliance with local regulations before using the platform.

8. Limitation of Liability

P2PSwap is provided "as is". To the maximum extent permitted by law, P2PSwap and its operators disclaim liability for any indirect, incidental, special, or consequential damages, including loss of funds arising from user error, system failures, or third-party actions. Our aggregate liability shall not exceed the fees you paid in the 30 days prior to the event giving rise to the claim.

9. Changes to Terms

We may update these Terms at any time. Material changes will be notified via email or in-platform notification at least 14 days before they take effect. Continued use of the platform after changes constitutes acceptance.

10. Governing Law

These Terms are governed by the laws of the jurisdiction in which P2PSwap is incorporated. Any disputes shall be resolved by binding arbitration in that jurisdiction.

11. Contact

For legal enquiries, contact us at legal@p2pswap.io.