Disclaimer for Purchasers

Date last updated: 25 October, 2022

You are transferring bitcoins and (or) altcoins solely to and for the benefit of the specific
merchant that referred you to the CoinGate platform. Please note that you do so at your own risk.
Therefore, you should exercise due diligence regarding identity and trust of the merchant, any
products, goods and services you purchase from the merchant before effecting any transfer of
bitcoins and (or) altcoins.

In relation to the transfer of bitcoins and (or) altcoins, any legal relations are between you and the
merchant. For the identity of the merchant, terms and conditions of purchase, data protection,
warranties, refunds, legal remedies and other terms and conditions, any queries, letter, requests
and (or) complaints regarding the purchase please refer to the merchant and its website.
CoinGate platform collects, uses, stores and otherwise processes information only about your
technical data and e-mail address.

UAB Decentralized is the entity operating the CoinGate platform and collecting bitcoins and (or)
altcoins solely for and on behalf of the merchant that referred you to the CoinGate platform. It
does not engage into any other activities on behalf of the merchant, is not the merchant’s
representative, agent or employee. UAB Decentralized does not control, monitor, assess,
authorise (and) or supervise activities of the merchant and (or) particular purchases. UAB
Decentralized is not a party to relations between you the merchant and does not accept any
queries, letter, requests and (or) complaints regarding the merchant and (or) purchase.
UAB Decentralized disclaims all liability which might otherwise be implied, whether arising in
contract, tort (including negligence) or otherwise, including, but not limited to, any statutory or
other warranties, such as implied warranties of merchantability and fitness for a particular
purpose, or of non-infringement, or other warranties relating to quality, merchantibility, ability of
products to achieve a particular result, etc.

In no event will UAB Decentralized or its any affiliate, or any company under common ownership
or control with UAB Decentralized or UAB Decentralized affiliate, or any of the shareholders,
owners, officers, directors, employees, or other representatives of UAB Decentralized, an UAB
Decentralized affiliate, or such company, be liable to you and (or) any party for any direct, indirect, special, incidental or other consequential damages related to a particular merchant, a purchase, product, good and (or) service, your access or use of the CoinGate platform or any of the information, materials, products or services available through the CoinGate platform, for any use of, or inability to use, the CoinGate platform or any information and/or materials available through the CoinGate platform, or any other linked web site or service, including without limitation, any lost profits, loss of anticipated savings, business interruption, loss of program]s or other data or otherwise, even if expressly advised of the possibility of such damages.

UAB “Decentralized” reserves the right to suspend, postpone, and freeze all transactions that are
deemed contrary to public order or norms of good morals, and these transactions can be null or
void. Unilateral restitution is prohibited, in the event contrary to the mandatory statutory provisions or good morals, i.e. where the purpose of the transaction is contradicting public order or norms of good morals, and the provisions of public law establish property sanctions in regard
to the of such transaction. In this context “public order” includes the basic principles on which
the legal system is based, as well the principles are enshrined in the Constitution of the Republic
of Lithuania and other legal acts. The term “good morals” is evaluated from the criteria of reason
to ensure the balance of interests of all members of society and protect the interests of economically and physically weaker and prevent abuse or intent of doing damage to third
persons. UAB “Decentralized” is not liable to the customer for non-fulfillment of that kind of
contractual obligation and for the damage caused in the course of performing the duties and
actions specified above. As well will not take any legal responsibility for any losses in relation to
suspension, freeze, or disablement of these transactions.

In addition, by using our services, you may be asked to provide additional information and/or
documents that enable us to verify your identity. From time to time, CoinGate will perform
additional reviews of transactions, that are required due to banking partners’ additional due
diligence. We will provide prompt notice to you if additional action from your side is needed. In
order to use our service, you agree to cooperate with our information requests for such additional
information when additional documentation is required. If you fail to provide the required
information, you acknowledge that we will be unable to complete your transaction. CoinGate will
not be liable to take any responsibility for such a transaction failing.

In the event, that a third-party provider who processes the transaction has already started the
virtual currency exchange process, and the invoice is underpaid as an aftermath of insufficient
funds, which resulted from the Purchaser sending less than the required amount, UAB
“Decentralized” reserves the right to issue a refund of the equivalent value in the virtual currency
that was requested in the initial order of the Purchaser.

You agree to indemnify, release and hold harmless UAB Decentralized, its affiliates and any
company under common ownership or control with UAB Decentralized or its affiliates, as well as
the officers, directors, agents, representatives and employees of the foregoing, from any claim,
liability, loss, expense or demand, including legal fees, related to a particular merchant, a
purchase, product, good and (or) service, your access or use of the CoinGate platform or any of
the information, materials, products or services available through the CoinGate platform.

Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion
of liability for incidental or consequential damages. Accordingly, some of the above may not apply to you.