Financial liability by third parties’ commitments
Created 21.03.2017 10:25
Answering more and more frequent customers’ requests we publish explanation that is still present in our official rules but keeps being missed by many people.The Livecoin exchange is liable for the presence of as many coins as the customers’ accounts hold. If you have 5 bitcoins (or any other coins) left on your account, it means you possess same amount of physical coins stored in our hot and cold wallets.
Although we cooperate with developers or official representatives of all kinds of coins presented at our exchange, we are NOT liable for any commitments concerning our exchange, made by the third parties. If a third party makes any commitment on behalf of the Livecoin exchange, you must be aware that we have no responsibility for it and any third parties’ claims may be false. It concerns all coins and all claims of any kind on behalf of our exchange.
Only claims issued by our news or official channels are valid.