Meer Terms Of Service

Date of issue: April 07, 2025.

The User Agreement of the Meer cryptocurrency Exchange, hereinafter referred to as the "Platform", defines the relationship between Users and the Platform Operator/Co-executors. By registering on the Platform, using the Platform, including without registration, downloading information from the Platform, the User agrees that he must read, understand and agree to the provisions of this Agreement, as well as to the provisions of other annexes to this Agreement. In case of disagreement with this Agreement, including its appendices, the Guest of the Platform must stop using the Platform and leave it. By staying on the Platform and continuing to use it, the Guest unconditionally accepts the terms of this Agreement. This Agreement has the force of an Offer and is the legal basis for the consideration of any disputes and arbitration. Using the Platform, including any information published on the website https://meer.kg, the User agrees that he is aware of the risks associated with the use of cryptocurrencies and their derivatives, and assumes responsibility for the use of the Platform, cryptocurrency transactions and other actions performed with cryptocurrencies and deposits on the Platform. In no case is the Platform responsible for the risks and undesirable consequences for the User resulting from his activities on the Platform. By continuing to use the Platform, the User guarantees that he is acting by lawful means for legitimate purposes and is responsible for compliance with applicable national legislation. The User acknowledges that any use of the Platform means his acceptance of the provisions of this Agreement. This provision also applies to the use of the Platform without registration. The user agrees to assess the risks associated with cryptocurrency transactions and exchange instruments.

TERMS

The platform is the Meer cryptocurrency exchange, located on the Internet at: https://meer.kg, consisting of databases, software, additional websites, mobile and web applications, domain names, including any subdomains, digital content and intellectual property, which provides the opportunity to trade and exchange digital currencies (cryptocurrencies), including for fiat currencies. An application is a User's order to sell/buy, replenish and withdraw deposits in various fiat currencies and cryptocurrencies. A transaction is an operation for depositing (crediting)/withdrawing cryptocurrencies or fiat currency to the User's account balance. Deposit is the balance of the client's account on the Platform, which is displayed in numbers in the corresponding denomination of digital currencies (cryptocurrencies), including fiat currencies. The Platform Operator is an organization that ensures the functioning of the Platform, including providing technical, legal and other support to the Platform and Users, authorized to represent the Platform in any disputes, accept claims, make changes to the functioning and content of the site, documentation regulating activities and other internal documentation. The platform operator is CJSC TengriCoin, Registration number 311490-3301-CJSC TIN 01312202410095, location: Kyrgyz Republic, Bishkek, Oktyabrsky district, mkrn. 77 Tunguch Street, 1. The license for the right to operate as a virtual asset service provider (virtual asset trading operator (crypto exchange)) No. 10 dated 31.12.2024 was issued by the Financial Market Regulation and Supervision Service under the Ministry of Economy and Commerce of the Kyrgyz Republic. The User is a client, an individual or a legal entity registered on the Platform, according to the internal regulations of the Platform. Personal data is information related to an identified or identifiable natural person, as well as a legal entity, as defined by the legislation of the Kyrgyz Republic. This excludes anonymous or aggregated data that does not identify specific users. An account is a virtual account (Client ID) assigned to a User that contains credentials, transaction history, and information about virtual assets in both cryptocurrency and fiat equivalents. Co–Executor is an individual or legal entity engaged by the Platform Operator under a separate agreement, as part of fulfilling its obligations under this Agreement. The costs of paying for the Co-Executor's services are borne by the Platform Operator. The Platform Operator is responsible for the actions/omissions of the Co-Executor to the User. A website is an ecosystem that includes an electronic platform at https://meer.kg /, including databases, software, websites, web applications, domain names, digital content, and intellectual property. All rights to the Website belong to the Platform Operator. Credentials are unique identification data assigned to a User, such as an email address, password, authentication codes, UID (User's unique identification number), access tokens, and other data or devices provided by the Platform to the User to access the Platform.

1. Subject of the agreement

1.1. The Platform Operator provides the User with access to the Platform located at www.meer .kg, for carrying out trading operations using various fiat currencies and cryptocurrencies.

1.2. All previous agreements, written or oral, between the User and the Platform Operator regarding the use of the Platform, are replaced by this Agreement in its latest version.

1.3. The Platform Operator accepts and executes User requests for sale/purchase, replenishment and withdrawal of deposits in various fiat currencies and cryptocurrencies using the Platform's commission grid posted on the Website. The Fees can be changed unilaterally by the Platform Operator, without additional notification to the User. The User independently tracks information about the Platform's fees on the Website at the time of the transaction. The amount of the commission is considered established at the time of its publication on the Website.

1.4. Funds (fiat currency, cryptocurrency) credited by the User to the platform are used exclusively for trading operations on the platform. Users are prohibited from using the Platform to exchange fiat currency for another fiat currency, or use the Platform as a fiat currency depository (storing fiat currency for more than 21 calendar days without trading operations).

2. Using the objects of the platform ecosystem

2.1. All components of the Platform ecosystem, including domains, subdomains, mobile and web applications, documentation, trademarks, software, graphics, interfaces and intellectual property, are managed by the Platform Operator under a license and protected by the current legislation of the Kyrgyz Republic.

2.2. Unauthorized copying, reproduction, use in trademarks or collages, as well as any other use of the objects of the ecosystem of the Platform for personal purposes is strictly prohibited without the prior written consent of the Platform Operator.

2.3. The Platform may be used only in accordance with this User Agreement and within the framework of activities permitted by the legislation of the Kyrgyz Republic. Users are prohibited from misrepresenting information about their relationship with the Platform and the Platform Operator to third parties.

2.4. Depending on the nationality, tax residence and place of residence, the Platform Operator may limit the services available to Users.

3. Rights and obligations of the parties

3.1. The Platform Operator undertakes to:

3.1.1. Ensure the functioning of the trading platform and provide access to it to the User.

3.1.2. Inform the User about the current commissions of the Platform through the platform interface (on the Website).

3.1.3. Accept and execute orders for sale/purchase, replenishment and withdrawal of User deposits in accordance with the established procedure.

3.1.4. Provide information about all changes in the terms of service through publication on the Website.

3.2. The User undertakes to:

3.2.1. Comply with the terms of this Agreement, as well as the internal regulations of the Platform posted on the Website.

3.2.2. Provide reliable data during registration and verification on the platform.

3.2.3. Monitor the current version of the User Agreement and other documents governing the operation of the platform.

3.2.4. Use the platform only for legitimate private purposes that do not contradict the regulations of the Platform. Do not take actions aimed at violating the security of the Platform and its Users.

3.2.5. Observe due diligence when making transactions on the Platform, and do not provide your account on the Platform to third parties.

3.2.6. Do not use the Platform to exchange fiat currency for another fiat currency, as well as a depository for fiat currency (storing fiat currency for more than 21 calendar days without trading operations).

3.2.7. When making transactions on the Platform, comply with the current legislation of the Kyrgyz Republic, including the Tax Code of the Kyrgyz Republic.

3.3. The Platform Operator has the right to:

3.3.1. Unilaterally cancel the Agreement in cases of violation or attempted violation of the Agreement by the User.

3.3.2. Involve Co-Executors at their discretion to fulfill the Agreement and ensure the smooth operation of the Site.

3.3.3. Temporarily restrict or permanently block access to the User's account in cases of suspicion or detection of actions of an illegal nature that violate the internal regulations of the Platform (one or more), suspicious activity in the User's account, as well as in other cases when, in the opinion of the Platform Operator, there is a threat to the security of the Platform and/or Users.

3.3.4. Upon request, provide the necessary data to authorized structures and departments of the Kyrgyz Republic, as well as within the framework of international agreements.

3.4. The User has the right to:

3.4.1. If you have any questions about the operation of the Platform, contact the support service of the Platform at [email protected]

3.4.2. To cancel the Contract by closing (canceling) your account through the support service of the Platform.

4. Commissions and payments

4.1. The Platform Operator sets fees for deposits, withdrawals and trading operations on the platform.

4.2. The User understands and agrees that the Platform Operator may unilaterally change the terms of commission accrual without prior notice to the User.

4.3. The various services of the Platform are paid for separately and independently of each other.

4.4. The Platform Operator may, but is not obligated to, encourage Users by assigning special reduced commissions for increasing trading volumes on the Platform.

4.5. Information about the current commissions and the terms of their calculation is available in the "Commissions" section on the Platform.

4.6. The Platform Operator is not responsible for third-party fees for transactions within the blockchain and payment system services, as well as for notifying Users of such fees.

5. Responsibility of the parties

5.1. The Platform Operator is not responsible for the risks and losses associated with the use of the Platform, including loss of funds as a result of market fluctuations or illegal actions of third parties.

5.2. The Platform Operator is not responsible for short-term (lasting less than 48 hours) technical failures on the Site caused by scheduled maintenance work on the Site, various preventive measures, as well as the consequences of cyber attacks and illegal actions of third parties. The User accepts that such technical failures may interfere with the normal operation of the Platform and the User's access to his account.

5.3. The User is solely responsible for the safety of his credentials and unauthorized access to his account.

5.4. The Parties are responsible for their actions/omissions in accordance with the current legislation of the Kyrgyz Republic.

5.5. The Parties are released from liability for non-fulfillment or improper fulfillment of obligations under this Agreement if proper fulfillment proved impossible due to force majeure, that is, extraordinary and unavoidable circumstances under these conditions, such as: natural disasters, fires, floods, earthquakes, military operations, strikes, civil unrest, cyber attacks on the Site, economic or other sanctions against one of the Parties, the adoption of a legal act by a state authority or management body, which resulted in the impossibility of execution of this Agreement by one of the Parties. The Party that is faced with force majeure actions is obliged to inform the other Party about it as soon as possible, the Platform Operator by posting information on the Website and/or in open sources, and the User by sending an email to the technical support of the Platform. [email protected] .

6. Final provisions

6.1. This Agreement comes into force from the moment the User registers on the platform and is valid indefinitely until the User's account is closed on the platform or for the reasons stated on the Website.

6.2. All disputes and disagreements arising from this Agreement are resolved through negotiations. In case of failure to reach an agreement, the dispute is subject to consideration in court in accordance with the legislation of the Kyrgyz Republic.

6.3. The Platform Operator undertakes to store account data and personal data of the User for the entire period provided for by the current legislation of the Kyrgyz Republic.

6.4. The User confirms that he has read the terms of this Agreement, they are clear to him and he agrees with them in full. The User undertakes to independently monitor changes to this user agreement on the website www.meer.kg, as well as changes to the regulations and rules for the provision of Platform services. The rules and regulations are valid as of the date of the operation.