Last updated: February 2026
IMPORTANT NOTICE: Xolaxis Ltd (Xolaxis) is not a financial institution, money services business, escrow agent, custodian, broker, dealer, or payment processor. Xolaxis operates exclusively as a technology service platform that facilitates deal coordination between parties. All fund custody services are provided by independent, duly licensed custody partners.
These Terms of Use (the "Terms") govern your access to and use of the Xolaxis platform, including the Telegram bot, website, dashboards, APIs, and related services (the "Platform"). By creating an account, opening a deal, or otherwise using the Platform, you agree to be bound by these Terms and by the incorporated policies: Payments and Custody Partner Terms, Dispute and Arbitration Rules, Privacy Policy, and Risk Disclosure Policy. If you do not agree, do not use the Platform.
"Orderer" (or "Buyer") is the user who creates a deal and initiates payment to the licensed custody partner. "Executor" (or "Provider") is the user performing the task or service. "Deal" means the transaction agreement between an Orderer and an Executor facilitated through the Platform. "Digital Assets" means supported blockchain assets (at launch: USDT on TRON, TRC-20). "Custody Arrangement" means the temporary holding of Digital Assets by a Licensed Custody Partner on behalf of the Orderer, pending satisfaction of Release Conditions. "Licensed Custody Partner" means a third-party entity, duly licensed and regulated in its jurisdiction, that provides custody services to Platform users as a separate contractual relationship. Xolaxis is not a party to that custody relationship. "Release Conditions" are defined in the Payments and Custody Partner Terms. "Dispute" means a formal claim raised within the Platform that pauses release pending resolution.
Xolaxis provides a deal coordination workflow, communication infrastructure, and dispute facilitation interface. Xolaxis does NOT provide custody, escrow, money transmission, payment processing, or any financial service. All custody of Digital Assets is handled exclusively by Licensed Custody Partners operating under their own regulatory licenses and separate terms of service. 4. Regulatory Positioning and Scope Limitations
Xolaxis Ltd is not registered as, and does not operate as, any of the following in any jurisdiction: • A financial institution or bank • A money services business or money transmitter • An escrow agent or escrow company • A broker, dealer, or investment adviser • A payment processor or e-money institution • A securities exchange or alternative trading system The Platform does not hold, transmit, receive, or custody user funds at any point. All custody is performed by the Licensed Custody Partner under its own licensing obligations. Digital Assets held by a Licensed Custody Partner are not deposits and are not protected by deposit insurance or governmental guarantees. Users interact with custody services under the Licensed Custody Partner's terms, not Xolaxis's. The Platform does not match trading orders, does not provide margin or leverage, and does not offer investment products.
You must be at least 18 years old and have full legal capacity to enter into binding agreements in your jurisdiction. You must not be located in, a resident of, or acting on behalf of a sanctioned or prohibited jurisdiction or person (including but not limited to OFAC SDN list designees). The Company applies geo-restrictions and may denylist jurisdictions at any time without notice. The Platform does not serve users in the United States of America or its territories. By using the Platform, you represent that you are not a U.S. person as defined under Regulation S of the U.S. Securities Act of 1933. You are solely responsible for ensuring your use of the Platform is lawful in your jurisdiction.
You must provide accurate and current account information and keep it updated. You are responsible for safeguarding your credentials, devices, and communications channels (including Telegram). You must notify us promptly of suspected unauthorized access. Notices may be delivered via email, in-Platform notifications, or Telegram messages associated with your account.
The Platform applies a risk-based approach to identity verification and enhanced due diligence on behalf of its Licensed Custody Partners. Verification may be required based on deal size, cumulative volume, counterparty request, risk signals, sanctions screening, dispute patterns, or regulatory requirements of the applicable Licensed Custody Partner. Indicative thresholds: single-deal threshold USD 1,000; rolling 30-day threshold USD 5,000; high-risk category triggers per Licensed Custody Partner policy. Xolaxis reserves the right to amend these thresholds and related verification requirements at any time.
At Xolaxis’ sole discretion, if we suspect fraud, misrepresentation, forged or unreliable documents, sanctions exposure, or other compliance or security risks, we may (i) require additional verification, (ii) place the deal and/or funds on hold, (iii) refuse to process or complete the transaction, (iv) suspend or terminate access, and/or (v) refer the deal and relevant information to our Licensed Custody Partner for review and handling in accordance with their policies and applicable law.
You must not use the Platform for unlawful activity, fraud, deception, money laundering, terrorist financing, sanctions evasion, or any activity requiring a regulatory license without holding such license. Prohibited categories include, without limitation: weapons, controlled substances, human trafficking, exploitation, stolen goods, counterfeit goods, and infringement of third-party rights. The Company may block deals, pause custody releases via the Licensed Custody Partner, suspend accounts, and report to authorities as required by law.
Users may upload content (including messages, files, receipts, photos, videos) as part of a deal or dispute. You represent you have rights to upload such content and that it is accurate and lawful. You grant the Company a limited license to host, process, store, and disclose such content for platform operation, security, compliance, dispute resolution, and legal obligations. Evidence standards and receipt requirements are defined in the Payments and Custody Partner Terms and Dispute Rules.
The Company may modify, suspend, or discontinue any part of the Platform at any time for security, compliance, legal, operational, or business reasons. The Company may suspend or terminate accounts and coordinate pause of custody releases with the Licensed Custody Partner where it reasonably believes there is a policy violation, fraud, sanctions exposure, legal risk, or security incident. Platform availability may be impacted by changes in applicable laws; you may incur losses due to suspension or termination.
The Platform is provided on an "as is" and "as available" basis. We do not warrant uninterrupted service, error-free operation, or that any deal will complete successfully.
Blockchain transfers are irreversible and subject to network conditions outside our control. Xolaxis bears no responsibility for losses arising from network congestion, smart contract failures, or custody partner downtime.
The team profiles shown on the Site are illustrative and for presentation purposes only and do not represent current employees, officers, or contractors unless expressly stated. Any references to “partners” or “partnered with” describe prospective relationships that may be under discussion or in contracting, and do not constitute an existing partnership, agency, endorsement, or binding commitment unless and until a written agreement is executed.
To the maximum extent permitted by law, the Company is not liable for indirect, incidental, special, consequential, exemplary, or punitive damages, including lost profits, lost data, or reputational harm. Our total liability arising out of or relating to a specific deal will not exceed the platform service fees actually received by the Company for that deal. Licensed Custody Partner services are provided by an independent third party under their own terms and policies. Xolaxis does not operate custody and does not control the Licensed Custody Partner’s performance. Accordingly, we do not guarantee the Licensed Custody Partner’s services (including availability, processing times, or outcomes) and are not responsible for their acts or omissions, except to the extent required by applicable law. Users transact with Licensed Custody Partners at their own risk. Nothing in these Terms limits liability that cannot be excluded under applicable law.
You agree to defend, indemnify, and hold harmless the Company, its affiliates, directors, officers, employees, contractors, and agents from any claims, damages, losses, and expenses (including reasonable attorneys' fees) arising from: your use of the Platform, your deals, your content, your violation of applicable law, or your infringement of third-party rights.
These Terms are governed by and construed in accordance with the laws of the British Virgin Islands. Any dispute arising out of or in connection with these Terms shall be referred to and finally resolved by arbitration under the rules of the British Virgin Islands International Arbitration Centre (BVI IAC), or such other arbitration body as mutually agreed.
Notwithstanding the above, the Company reserves the right to seek injunctive or other equitable relief in any court of competent jurisdiction.
If any provision is held invalid or unenforceable, the remaining provisions remain in full force and effect.
The Company reserves the right to amend, modify, or supplement these Terms of Use at any time, without prior notice.
The Company may assign these Terms as part of a merger, acquisition, restructuring, or asset sale without your consent. These Terms and all incorporated policies constitute the entire agreement between you and the Company regarding the Platform and supersede all prior agreements on the same subject.