1 Introduction

1.1 These supplemental terms  (“Supplemental Terms”, “Agreement” or “Terms”) supplement the Terms of Service for the Platform provided by Bybit Fintech Limited (the “Company”, “we”, “us” or “our”) found at https://www.bybit.com/app/terms-service/information (the “Terms of Service”).

1.2 If you apply for an Account through our Site, you agree that you will be legally bound by these Supplemental Terms together with our Terms of Service.

1.3 To the extent of any inconsistency between these Supplemental Terms and our Terms of Service, these Supplemental Terms shall prevail.

1.4 Save as defined below, all terms and references used in these Supplemental Terms shall have the meaning given to them in our Terms of Service.

 

 

2 Conversion of Small Balances or Unsupported Assets into USDT, other Digital Assets, or Fiat Currencies

2.1 You acknowledge and agree that we shall have the sole right and discretion to convert, on your behalf and without prior notice to you, all or any portion of the fiat currencies or the Digital Assets in your Account into USDT, any other Digital Asset or fiat currency (the type and denomination of which shall be determined in our sole discretion), in the event that:

(a) your Account is terminated and the remaining balance of the fiat currencies or the Digital Assets in your Account is below the minimum withdrawal amount of the fiat currencies or the Digital Assets (the “Minimum Withdrawal Amount”) as determined by us; or

(b) we no longer support certain fiat currencies or Digital Assets, where such termination of support may be determined by us in our sole discretion or as directed by any Governmental Authority.

2.2 For the purposes of Section 2.1(a) above, the Minimum Withdrawal Amount shall be established at our sole discretion and may be updated from time to time. We shall have no obligation to provide notice to Users regarding any changes to the Minimum Withdrawal Amount.

2.3 For the purposes of Section 2.1 above, we may make any conversion at a rate which we reasonably consider appropriate. We do not guarantee any specific conversion rate, and Users acknowledge that the conversion rate may fluctuate or may not reflect the current, live market value of such fiat currency  or Digital Asset.

2.4 You acknowledge and agree that:

(a) our determination of the conversion rate and the conversion of the fiat currencies or Digital Assets in your Account into USDT, any other Digital Assets or fiat currencies shall be final and conclusive;

(b) we assume no liability for the conversion of any of the fiat currencies or Digital Assets in your Account to a different type of Digital Asset or fiat currency, as described in this Section 2; and

(c) we shall not be liable for any loss of profit, tax obligations or any other loss, damage or expense incurred by you resulting from any such conversion.