1. This Recurring Buy Transactions Terms & Conditions (“Recurring Buy Transactions”) will remain in full force and effect after the initial Recurring Buy Transaction is executed in full, and until you change your Recurring Buy Transaction settings and/or terminate the Recurring Buy Transactions at the “Manage your Recurring Details” tab in your Binance.com account. We may, at any time, terminate the Recurring Buy Transactions by providing notice to you.
2. Please note that the Recurring Buy Transactions are currently NOT available for corporate users.
3. Recurring Buy Transactions are available with credit card payments only.
4. By clicking “Confirm” to proceed with your Recurring Buy Transactions, you authorize such Transactions. It is important that you regularly check your status of Recurring Buy Transactions. We shall not be obliged to verify the information and details of the Recurring Buy Transactions provided by you. All the information and details of the Recurring Buy Transactions provided by you shall be assumed accurate and complete.
5. Binance is not responsible for any losses incurred to you as a result of unauthorized or incorrect transactions or failed transactions due to the circumstance in relation to incomplete or outdated information including, but not limited to, invalid credit card information given, insufficient funds in your payment method, a payment made from the payment method reversed, or the issuing country or issuing bank of your payment provider are currently incompatible and unsupported. It is your responsibility to maintain an adequate balance and/or sufficient credit limits in order to avoid overdraft, non-sufficient funds, or similar fees charged by your payment provider. We shall neither be responsible for the delay caused (if any) in executing the Recurring Buy Transactions for any reason. Further, we shall not be responsible for any merchant-initiated transactions.
6. In order to make any changes with your Recurring Buy Transactions, you shall terminate the Recurring Buy Transactions at the “Manage your Recurring Details” tab in your Binance.com account and make a new order for Recurring Buy Transactions.
7. We reserve the right to refuse to process, cancel, terminate, or reverse any Recurring Buy Transactions at our sole discretion, even after funds have been debited from your account(s). If we suspect the transaction involves (or has a high risk of involvement in) money laundering, terrorist financing, fraud, or any other type of financial crime; in response to a subpoena, court order, or other government order; if we reasonably suspect that the transaction is erroneous; or if we suspect the transaction relates to any applicable Restrictions (listed in Terms of Use 1b ). In such instances, we will reverse the transaction, and we are under no obligation to allow you to reinstate a purchase or sale order at the same price or on the same terms as the canceled transaction or any damages or losses caused due to the actions taken by us according to the terms herein.
