Terms of Service
Last updated: August 10, 2025
1. Agreement to Terms
By creating an account or using our Services, you agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, do not use our Services.
2. Accounts
When you create an account with us, you must provide information that is accurate, complete, and current at all times. Failure to do so constitutes a breach of the Terms, which may result in immediate termination of your account on our Service. You are responsible for safeguarding the password that you use to access the Service and for any activities or actions under your password.
3. Fees and Currency Conversion
Fees for our services are disclosed on our website or as communicated to you for specific services. When you convert currencies in your wallet, the transaction is subject to a currency conversion spread or fee. The exchange rate is determined at the time of the transaction and is updated regularly based on market conditions. You agree to pay all applicable fees for using Libpay's services.
4. Prohibited Activities
You are responsible for complying with all applicable laws in your jurisdiction. You agree not to use the Service for any illegal or unauthorized purpose, including but not limited to activities related to fraud, money laundering, terrorist financing, or the sale of prohibited goods. A full list of prohibited activities can be found in our Acceptable Use Policy.
5. Termination
We may terminate or suspend your account immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms. Upon termination, your right to use the Service will immediately cease.
6. Governing Law
These Terms shall be governed and construed in accordance with the laws of the Hong Kong Special Administrative Region, without regard to its conflict of law provisions. Any legal action or proceeding arising under these Terms will be brought exclusively in the courts located in Hong Kong.