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Cash-in-Person Transaction Rules

Cash-in-Person Transaction Rules

Bitget Announcement2024/02/12 14:49
By:Bitget
Global Bitgetters,
Basic Principles
A cash-in-person transaction in cryptocurrency refers to a face-to-face cash transaction between a buyer and a seller.
When a user chooses cash-in-person as a payment method, they implicitly accept the Cash-in-Person Transaction Rules. Meaning that they understand and accept all risks and responsibilities.
Bitget is not involved in any offline cash transaction between parties, either directly or indirectly. Furthermore, Bitget is not responsible for any risks or financial losses that may result. If a dispute arises in the meantime, customer support will handle the transaction orders in accordance with the established transaction rules and the chat history of both parties.
Both the buyer and seller must preserve and provide evidence of cash payment during the transaction. Pictures, formal contracts, and chat history can all be used as proof.
Reminders for Buyers:
  1. You must ensure your own safety when conducting cash-in-person transactions. Do not agree to meet in suspicious locations, or in places that are far from the city center (the location of the meeting must be agreed upon by both parties in advance).
  2. You are fully aware of the risks involved during cash-in-person transactions.
  3. When choosing a seller on the platform, please choose the seller carefully and do not base your decision solely on the price.
  4. The order price will be subject to the price at the time that the ad was placed. Neither party has the right to modify the price. Bitget will not be responsible for any price adjustment disputes that arise as a result of private negotiations between the buyer and seller.
  5. To avoid disclosing personal information, do not utilize any channels or communication tools other than the order's chat window. Users are responsible for their own security risks if both parties agree to use other communication tools.
  6. The coins of the order will be frozen after the order is generated, and will be released after the seller confirms receipt of payment.
  7. Do not click Paid before making a cash payment because it may interfere with the normal functioning of the account.
  8. Do not allow other parties to take your cash directly under any pretext during the transaction. Verification of cash must be done in the presence of both parties to the transaction.
  9. No appeals may be filed once an order has been m arked as completed.
Reminders for Sellers:
  1. You must ensure your own safety when conducting cash-in-person transactions. Do not agree to meet in suspicious locations, or in places that are far from the city center (the location of the meeting must be agreed upon by both parties in advance).
  2. You are fully aware of the risks involved during cash-in-person transactions.
  3. To avoid disclosing personal information, do not utilize any channels or communication tools other than the order's chat window. Users are responsible for their own security risks if both parties agree to use other communication tools.
  4. The coins of the order will be frozen after the order is generated, and will be released upon confirmation of the payment receipt. Do not release the coins before receiving the cash payment.
  5. The order price will be subject to the price at the time that the ad was placed. Neither party has the right to modify the price. The platform will not be responsible for any price adjustment disputes that arise as a result of private negotiations between the buyer and seller.
  6. Sellers must thoroughly check the amount of cash payment before confirming the receipt of payment.
  7. Please transfer the coins to the buyer within 10 minutes of receiving the payment confirmation. The buyer will be able to appeal the order if the payment has not been received after 10 minutes, and customer support will send the coins to the buyer according to the legitimate proof provided by the buyer.
  8. No appeals may be filed once an order has been marked as completed.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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