01a06730 - Restate the buy process as principal in T&Cs and FAQ - #149
Conversation
Incoming funds become DFX property on credit; cryptocurrency is delivered from own inventory, usually within minutes and at latest within seven business days after credit. Venue names are removed from the buy-process section in all four languages.
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EN: DE: DetailsHead This repository has no The signed commit is verified. German is the source of truth; English, French and Italian follow the same meaning. Intended to supersede #148. |
EN:
This draft restates the buy-process terms and the matching FAQ in German, English, French and Italian as principal trading.
Incoming funds become DFX property on credit; cryptocurrency is delivered from own inventory, usually within minutes and at latest within seven business days.
Venue names are removed so the documents do not promise a specific execution path.
German remains the source of truth; the other languages carry the same meaning.
DE:
Dieser Entwurf stellt den Kaufprozess in AGB und FAQ in Deutsch, Englisch, Französisch und Italienisch als Eigenhandel dar.
Eingehende Beträge werden mit Gutschrift Eigentum von DFX; die Kryptowährung kommt aus dem Eigenbestand, in der Regel in Minuten, spätestens innert sieben Werktagen.
Ausführungswege werden nicht mehr namentlich genannt.
Massgebend ist Deutsch; die anderen Fassungen tragen dieselbe Bedeutung.
Details
Replaces the buy-process paragraph that named execution venues and described an exchange of the customer's funds. The new wording is principal throughout: after fee deduction, the remaining amount is the purchase price on credit and becomes DFX property; there is no fiduciary receipt or forwarding; delivery is from own inventory to the customer's wallet.
Delivery and the existing seven-business-day purchase-route window now share one clock (credit). Typical delivery is a few minutes after credit; processing is completed within seven business days after credit, which remains the window for the customer to notify DFX or lose FX-rate claims.
The FAQ answer matches that clock and the inventory delivery. The sell-process section is unchanged. This pull request targets develop, which is the default branch for document changes.
Intended to supersede #148 (that draft targeted main and still mixed exchange language with principal language).