Terms and Conditions


1.1. By accessing or using the Nova Exchange website at https://novaexchange.com/ (the “Site”) and any services made available through the Site and affiliated websites such as (collectively, the “Services”), you (” Customer”, “User” and collectively with others using the platform “Users” or” Customers”) agree to be bound by these Terms of Use (“Terms”). The Services and Nova Exchange brand are owned and controlled by Goobit Exchange AB (“Goobit”), a Swedish corporation having its registered address at Box 3332, 10367 Stockholm, Sweden, registration number 559156-2367. Goobit Exchange AB is subsidiary to Goobit AB 556911-9992 a company entitled to provide currency exchange and other financial services in accordance with the Act on Certain Financial Operations (Reporting Duty) (1996:1006). The terms “we,” “us,” and “our” refer to These Terms affect your legal rights and obligations. If you do not agree to be bound by these Terms, do not access or use the Services.

1.2. Goobit reserves the right to change or modify the terms and conditions contained in these Terms, including but not limited to any policy or guideline of the Site, at any time and at its sole discretion. We will provide notice of these changes by posting the revised Terms to the Site and changing the "Last Revised" date at the top of the Terms, or by emailing Users at their provided email addresses, or by any other means as determined by Goobit. Method of notification will be left to Goobit's sole discretion. Using a particular form of notice in some instances does not obligate us to use the same form in other instances. Any changes or modifications will be effective immediately upon posting the revisions to the Site or at the instant that Goobit transmits the information to the Users (e.g. via email). These changes will apply at that instant to all then current and subsequent uses of the Site. You waive any right you may have to receive specific notice of such changes or modifications. Your continued use of this Site acts as acceptance of such changes or modifications. If you do not agree to the Terms in effect when you access or use the Site, you must stop using the Site.

1.3. Should any part of this Terms be held invalid or unenforceable that portion shall be construed consistent with applicable Swedish law. Remaining portions of this Terms shall remain in full force and effect.


2.1. Goobit provides an online service (the “Platform”) that allows Users to exchange between themselves different blockchain tokens, which are data that typically represents transaction, access, or other participation rights on corresponding blockchain networks (collectively, “Tokens”). Goobit may make available to Users other ancillary services to facilitate the exchange of Tokens.


3.1. By accessing or using the Site, you represent and warrant that you are at least 18 years old and have not previously been suspended or removed from the Site.

3.2. You represent and warrant that you are not located in, under the control of, or a national or resident of the United States. You further represent and warrant that you will not use the Site if the laws of your country prohibit you from doing so in accordance with these Terms.

3.3. Finally, you represent and warrant that you will not be using this site for any illegal activity, including but not limited to illegal gambling, money laundering, fraud, blackmail, extortion, ransoming data or the financing of terrorism, or other violent activities.

3.4. Notwithstanding the foregoing, Goobit may not make the Services, in whole or in part, available in every market, either in its sole discretion or due to legal or regulatory requirements, depending on the User’s location.


4.1. In order to receive access to the Services for Customers, Customer must register and create an account with Goobit and be verified by Goobit. In order to meet the legal requirements concerning money laundering and terrorism financing prevention Goobit must obtain certain knowledge of its customers. In this regard Goobit has a legal obligation to check the identity of its customers, their ownership structure as well as to, in certain instances, receive knowledge of the origin of funds and other assets. Therefore, Goobit may ask for information in relation to the Customer's identity and proof thereof and of the Customer's residence. If the Customer is a legal entity it may also be required to provide company's registration details and possibly also information on the individuals who are in control of the legal entity.

4.2. You as a Customer agree to: (a) that you are responsible for providing accurate, current and complete information when creating the Account; (b) maintain and promptly update your Account information to keep it accurate, complete, and current; (c) that you are responsible for maintaining the security and confidentiality of your login credentials and restrict access to your Account and your computer, tablet, or mobile device; (d) that you are responsible for promptly notify Goobit if you discover or otherwise suspect any security breaches related to the Site or your Account.

4.3. You must provide Goobit with a valid email address to create an Account. You agree to keep your email address on file with us updated. After registration, Customer will be notified by email about success or failure of verification process.

4.4. By accepting these terms, you represent that any and all information you provide us is true and accurate. Any false or fraudulent information and/or use of the services rendered to you is prohibited as deemed by Goobit, can result in block or termination of User account and forfeiture of all funds.

4.5. Should the Service for Customer be made accessible on the Site for unregistered Customers due to technical malfunction or illegal action of third party, such Customer shall treat all information obtained this way as confidential and inform Goobit about such incident. As all such information is a property of Goobit, the Customer must be aware that it cannot be stored, published, copied or used in any other way.

4.6. You may withdraw your consent to receive emails by sending a withdrawal notice to Goobit, understanding that Goobit may suspend or terminate your ability to use the Services. You understand and agree that if Goobit sends you an electronic communication, but you do not receive it because your email address on file is incorrect or out of date, or because our email is blocked by your service provider or intercepted by your spam filter, or you are otherwise unable to receive electronic communications, Goobit will be deemed to have provided the communication to you regardless.

5. Anti-Money Laundering (AML) & Know Your Customer (KYC) Policy

5.1. Goobit protects itself from involvement in any activity that facilitates money laundering or other criminal activities by following the Swedish Financial Authorities guidance for AML (FFFS 2017:11, Finansinspektionens föreskrifter om åtgÄrder mot penningtvÄtt och finansiering av terrorism”). Goobit will adhere to applicable legislation on money laundering and terrorism financing prevention. Under such legislation Goobit is required to disclose any suspicions of money laundering or terrorism financing to the authorities. All information and documentation obtained will be retained by Goobit in accordance with applicable legislation.

5.2. In adhereing to applicable legislation on money laundering and terrorism financing prevention Goobit might require additional proof of identification from the User and has the right to suspend any trades, deposits, and/or withdrawals until additional and verifiable proof of identity satisfactory to Goobit in its sole discretion is received and Goobit has approved the User for use of the Platform

5.3. By agreeing to our Terms, you acknowledge and understand that Goobit maintains verification levels which require User participation and verification in order to obtain, with levelled permissions based on User-supplied information, our ability to verify it, and our internal policies. You accept that you may not be able to achieve a desired level of verification, and Goobit reserves the right to determine, at its sole discretion, the appropriate verification level and criteria for any User, as well as the right to downgrade Users without prior notice. Goobit may, from time to time, implement policies restricting verification levels and criteria by nationality, country of residence, or any other factor. This may affect your ability to withdraw Tokens and you agree to indemnify, defend and hold harmless Goobit against any losses associated with an inability to deposit and/or withdraw Tokens based on the verification level assigned by Goobit to your Account.

5.4. Due to regulations concerning money laundering prevention and Goobit internal polices there are limits regarding the amount of transactions that can be performed using the Services, and how large such transactions can be. In this regard Customer agrees to comply with the limits as set out on the Site from time to time.


6.1. Currently Goobit does not allow Users to exchange Tokens for money; Users can only exchange Tokens for other Tokens. In order to fund your Account and begin trading, you will need to first procure Tokens. Once procured, you must send Tokens to the address provided by Goobit and wait for the balance to appear in your Account. It is your responsibility to ensure you send Tokens to the correct address provided for that particular Token, else your funds may never be recovered. Goobit makes no representations or warranties regarding the amount of time that may be required to complete transfer of your Tokens from a third-party wallet or other source and have such Tokens become available in your Account.

6.2. Customers are only permitted to trade and send virtual currencies to customers own virtual currency wallets that they themselves alone can access and are in control over. If you elect to transfer Tokens from your Account to a third-party wallet or other location, it is always possible the party administering the new location may reject your transfer or that the transfer may fail due to technical or other issues affecting our platform. You agree that you shall not hold Goobit liable for any damages arising from a rejected transfer.

6.3. Goobit reserves the right to limit the number of Accounts that any User or such User’s affiliates can open or hold.

6.4. In the event of misuse or suspected misuse of an account or related wallet, you must immediately notify Goobit through the Nova Exchange support. On suspicion of abuse Goobit can at its sole discreation block an account. The customer assumes all liabilities arising from unauthorized access or use of your account. Always log out from our platform when you are finished using the Site.


7.1. You may use the Service only for the purposes for which it is provided. You must not use the Service for fraudulent or other unlawful activity or otherwise do anything to damage or disrupt the Site.

7.2. Any use of the Site with the purpose of defrauding, circumventing bans, soliciting or abusing any of our Services will be considered “misuse”, and will result in the immediate termination of all related accounts, including seizure of all of the user’s on-site digital property by Goobit.

7.3. The term misuse also includes, but is not limited to, the creation of multiple accounts for the purposes of defrauding, circumventing bans or limits, soliciting or abusing any of our Services.

7.4 Threats towards the Site, Goobit or Goobit staff will result in immediate termination of all related accounts, including seizure of all on-site digital property.

In connection with your use of the Services and in addition to the list of prohibited activities in above, you will not:

  • Violate or assist any party in violating any law, statute, ordinance, regulation or any rule of any self-regulatory or similar organization of which you are or are required to be a member through your use of the Services;
  • Provide false, inaccurate, incomplete or misleading information;
  • Infringe upon Goobit’s or any third party’s copyright, patent, trademark, or intellectual property rights;
  • Distribute unsolicited or unauthorized advertising or promotional material, any junk mail, spam, or chain letters;
  • Use a web crawler or similar technique to access our Services or to extract data;
  • Reverse engineer or disassemble any aspect of the Site or Services in an effort to access any source code, underlying ideas and concepts, and algorithms;
  • Take any action that imposes an unreasonable or disproportionately large load on our infrastructure, or detrimentally interfere with, intercept, or expropriate any system, data, or information;
  • Transmit or upload any material to the Site that contains viruses, Trojan horses, worms, or any other harmful or deleterious programs;
  • Otherwise attempt to gain unauthorized access to the Site, other Goobit Accounts, computer systems or networks connected to the Site, through password mining or any other means; or
  • Transfer any rights granted to you under these Terms.


8.1. Goobit provides an execution-only service and does not advise on the merits of any particular transactions or their tax consequences. As a general matter, Users should be aware of the following prior to utilizing our Services.

8.2. Trading Tokens can be extremely risky. Each particular Token has a unique feature set that makes it more or less likely to fluctuate in value. In addition, factors beyond Goobit’s control may affect market liquidity for a particular Token, such as regulatory activity, market manipulation, or unexplainable price volatility. Blockchain networks may go offline as a result of bugs, hard forks, or a number of other unforeseeable reasons. Goobit does not assume the risk of losses due to trading or due to factors beyond its control regarding the viability of specific blockchain networks. As a general matter, we advise Users with limited trading experience and low risk tolerance not to engage in active trading. Speculating on the value of Tokens is high risk and Users should never trade more than they can afford to lose.

8.3. Understanding Tokens requires advanced technical knowledge. Tokens are often described in exceedingly technical language that requires a comprehensive understanding of applied cryptography and computer science in order to appreciate inherent risks. Listing of a Token on Goobit does not indicate approval or disapproval of the underlying technology regarding any Token and should not be used as a substitute for your own understanding of the risks specific to each Token. We give you no warranty as to the suitability of the Tokens traded under these Terms and assume no fiduciary duty in our relations with you.

8.4. You accept the risk of trading Tokens. In entering into any transaction on the Platform, you represent that you have been, are, and will be solely responsible for making your own independent appraisal and investigations into the risks of the transaction and the underlying Tokens. You represent that you have sufficient knowledge, market sophistication, professional advice and experience to make your own evaluation of the merits and risks of any transaction or any underlying Token.

8.5. You are responsible for complying with applicable law. You agree that Goobit is not responsible for determining whether or which laws may apply to your transactions, including tax law. You are solely responsible for reporting and paying any taxes arising from your use of the Services.

8.6. You are aware of and accept the risk of operational challenges. Goobit may experience sophisticated cyber-attacks, unexpected surges in activity, or other operational or technical difficulties that may cause interruptions in the Service. You understand that the Service may experience operational issues that lead to delays on our platform. You agree to accept the risk of transaction failure resulting from unanticipated or heightened technical difficulties, including those resulting from sophisticated attacks. You agree not to hold Goobit accountable for any related losses.

8.7. Goobit does not advise on trading risk. If at any point Goobit or its representatives do provide trading recommendations, market commentary, or any other information, the act of doing so is incidental to your relationship with us and imposes no obligation of truth or due diligence on behalf of Goobit or its representatives.

8.8. Goobit is a regulated entity and must comply with applicable law. Applicable law, regulation, and executive orders may require Goobit to, upon request by government agencies, freeze withdrawals or trading (or both), or provide information regarding your account. Further, our recordkeeping and customer verification procedures are subject to change at any time as required by law or industry practices. We must comply with the law and you accept any inconveniences to you or other consequences resulting from our compliance.

8.9. Users accept all consequences of sending Tokens to an address off our platform. Token transactions may not be reversible. Once you send Tokens to an address, you accept the risk that you may lose access to your Tokens indefinitely. For example, an address may have been entered incorrectly and the true owner of the address may never be discovered, or an address may belong to an entity that will not return your Tokens, or an address belongs to an entity that may return your Tokens but first requires action on your part, such as verification of your identity.

8.10. General Functions. Goobit take no responsibility for if a Token is functioning correctly which includes but not limited to Sourcecode,Nodes, Blockchains etc.


9.1. Some items listed on the Site may be illegal in your country, state or jurisdiction. You use our Services at your own peril and legal accountability.

9.2. You will not hold Goobit responsible for the actions or omissions of other users. You acknowledge that Goobit is not a broker. The Nova Exchange is a service designed to allow anyone to offer, sell and trade items at any time. We are not involved in the actual transaction between Buyers and Sellers. We have no control over and do not guarantee the quality, safety or legality of items advertised, the truth or accuracy of listings, the ability of Sellers to sell items, the ability of Traders to pay for items, the timeliness of deliveries, or that a Buyer or Seller will actually complete a transaction. We do not transfer legal ownership of items from the Seller to the Buyer. Unless the Buyer and the Seller agree otherwise, the Buyer will become the item’s lawful owner upon physical receipt of the item from the Seller.

9.3. By accessing and/or using our Services you agree to exclude Goobit and any of its affiliates from any liability, to the extent permitted by law:

  • All warranties, representations and guarantees (whether express, implied or statutory) are excluded, including without limitation, suitability, fitness for purpose, accuracy or completeness of the Site or the content on or accessed through it;
  • We will not be liable for any damages, losses or expenses, or indirect losses or consequential damages of any kind, suffered or incurred by you in connection with your access to or use of the Site or the content on or accessed through it.

9.4. The Customer is responsible for the activities performed under its own account on the Site. Goobit is not liable for any Customer content.

9.5. To the extent permitted under mandatory law, Goobit shall not be liable to the Customer or any third party for any direct damages, indirect damages or any other damages of any kind including but not limited to loss of profit, loss of income, loss of revenue, business interruption or goodwill losses arising out of or in connection with these Terms or the use or inability to use or access the Services or the Platform. We are not liable to you for any claims made by third parties towards you.

9.6. Goobit assumes no liability for any third-party products or services used in relation to the Services, including but not limited to the use of third-party wallet.

9.7. Force Majeure: we will not be responsible for any delay or failure to comply with our obligations under these terms if the delay or failure arises from any because which was beyond our reasonable control. This does not affect your statutory rights.


10.1. Sent virtual currency cannot be refunded if the order has been processed and executed. If you deposited virtual currency in your account and want to make a withdrawal, please use the withdrawal process.


11.1. Goobit charge a transaction fee for all transactions on the Site depending on the currency traded. For more information on prices and fees are available at the Site.

11.2. Customer can trade virtual currencies by such means as set out on the NOVA-websites. Goobit may use third party services or Goobit group companies to enable the Customer to make payments when using the Services. The Customer may be required to accept third party's conditions in order to perform such payment. Goobit may transfer information provided by you through your use of the services on our website to any such third party in order to allow the third party to perform preliminary examinations the information for the purpose of determining if you are qualified to use the services of such third party (including the history of your transactions on NOVA).


12.1. Goobit may provide certain information on the Site concerning virtual currencies, market events and analysis, announcements regarding Nova Exchange or Goobit activities, reprints of third party articles (published with author consent or on free license basis), etc.

12.2. Goobit updates the exchange rates of crypto currencies available on the NOVA-sites, in certain time intervals determined by Goobit. Goobit reserves the right, at its sole discretion, to change these intervals at any time, suspend updates of these rates or remove them entirely, at any time.

12.3. Further, Goobit provides information on NOVA about exchange rates of virtual currency and Goobit's own evaluation of exchange rates (used further in transactions performed through the Site). Goobit may also obtain such information from third parties.

12.4. Goobit's own evaluation of exchange rates are calculated using its own methods. Goobit may change these methods at any time.

12.5. Copies of Goobit own publications can be further republished, copied and distributed. Such copies must clearly mention source of publication (novaexchange.com), author (if indicated in original) and cannot be used to inflict any loss or damage neither financial nor in image of Goobit. Republication of Goobit evaluation of exchange rates of virtual currencies for comparative purposes requires prior consent of Goobit. Any further republication or use of other information than expressly stated herein requires Goobit prior consent.

12.6. If you come across content that is not correct, offensive or against the Terms, you should report this to NOVA support(at)novaexchange.com immediately. Goobit reserves the right to delete content at any time it deems necessary. Goobit assumes no liability for any loss or damage due to decisions taken on the basis of any information published on NOVA.


13.1. You agree that the Site and the Services contain content specifically provided by Goobit or third parties and that such content may contain intellectual property rights.

13.2. You agree to respect all intellectual property rights, including but not limited to copyright, trademarks, trade names (whether registered or not) contained or displayed on the Site or which you gain access to in connection with the Services.

13.3. You may only use the content of the Site for your own use of the Services and you must not use the content of the Site in breach of applicable law or these Terms. You may use such content only for the purpose of using the Services.

13.4. We do not grant you any other license to use said intellectual property rights except as expressly set out in these Terms.

13.5. You agree that the content published on the Site may belong to third parties, and that we do not have control over such content. Therefore, you agree that we shall not be held responsible for any such content provided by third parties and displayed on or contained on the Site or the Services.

13.6. Republishing, copying, distribution or any other use limited by intellectual property laws of third party publications, unless otherwise stated, require contact with respective author.


14.1. Goobit does not have any ability to prevent or mitigate attacks, or changes to or on any blockchain networks. With respect to its platform, Goobit reserves the right to take the following commercially reasonable actions in the event of an attack: (i) If Goobit is able to confirm that a Token active on the Platform has been compromised or is under attack, Goobit may immediately halt trading, deposits, and withdrawals for such Token; (ii) if it is determined that such an attack caused the Token to greatly decrease in value, Goobit may discontinue trade activity on such Token entirely. Goobit does not have any obligation to engage in activity in relation to attacks on blockchain networks.

14.2. Resolutions concerning deposits, withdrawals, and User balances for an attacked Token will be determined on a case-by-case basis by Goobit in its sole discretion. Goobit makes no representation and does not warrant the safety of the Platform and is not liable for any lost value or stolen property, whether or not Goobit was negligent in providing the proper security.


15.1. Goobit and its Users may provide third party content on the Site and may provide links to web pages and content that are not owned or controlled by Goobit (collectively the "Third Party Content") as a service to those interested in this information. Goobit does not control, endorse, or adopt any Third-Party Content and makes no representation or warranties of any kind regarding the Third-Party Content, including but not limited to its accuracy or completeness. You acknowledge and agree that Goobit is not responsible or liable in any manner for any Third-Party Content and undertakes no responsibility to update or review any Third-Party Content. You acknowledge that your use of such Third-Party Content is at your own risk. Your business dealings or correspondence with, or participation in promotions of, any third parties, and any terms, conditions, warranties, or representations associated with such dealings or promotions, are solely between you and such third parties. Goobit is not responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or promotions or as the result of the presence of such Third-Party Content on the Site.


16.1. You acknowledge and agree that any materials, including but not limited to questions, comments, feedback, suggestions, ideas, plans, notes, drawings, original or creative materials or other information or commentary you provide on our platform or one of our social media accounts, regarding Goobit or the Services (collectively, "Feedback") that are provided by you, whether by email, posting to the Site or otherwise, are non-confidential and will become the sole property of Goobit. Goobit will own exclusive rights, including all intellectual property rights, and will be entitled to the unrestricted use and dissemination of such Feedback for any purpose, commercial or otherwise, without acknowledgment or compensation to you.


17.1. While the Account and the Services provided to a User are not transferable under any circumstance and shall be used only by the User, Goobit shall have the right to transfer, assign, or sell all the rights, benefits, or obligations to any person and these Terms shall continue to be in force and effect for the benefit of the successors and assigns of Goobit or its lenders, if any.


18.1. Goobit does not own or control any of the underlying software through which blockchain networks are formed and Tokens are created and transacted. In general, the underlying software for blockchain networks tends to be open source such that anyone can use, copy, modify, and distribute it. By using the Services, you acknowledge and agree (i) that Goobit is not responsible for operation of the underlying software and networks that support Tokens and that Goobit makes no guarantee of functionality, security, or availability of such software and networks; and (ii) that the underlying protocols are subject to sudden changes in operating rules (a/k/a “Forks”), and that such Forks may materially affect the value, function, and/or even the name of the Tokens you store in your Account. In the event of a Fork, you agree that Goobit may temporarily suspend the Services (with or without advance notice to you) and that Goobit may, in its sole discretion, (a) configure or reconfigure its systems or (b) decide not to support (or cease supporting) the Forked network entirely, provided, however, that you will have an opportunity to withdraw Tokens on at least one of still existent underlying networks. You acknowledge and agree that Goobit assumes absolutely no responsibility whatsoever in respect of any underlying software protocols, whether Forked or not.

18.2. Goobit may delist a Token at any time in its sole discretion based on a number of factors, one of which may include changes in a given Token’s characteristics after Goobit has listed the Token.

18.3. A transaction on the Platform may fail for several reasons, including but not limited to change in seller prices, insufficient margin, or unanticipated technical difficulties. We make no representation or warrant that any transaction will be executed properly. Goobit is under no circumstances liable for any loss or injury suffered by a failure of a transaction to complete properly or in a timely manner. Further, Goobit is in no way responsible for notifying you of a transaction failure. The User has full responsibility to determine and inquire into the failure of any transaction the User initiates.

18.4. In the event that you receive any data, information, or software through our Services other than that which you are entitled to receive pursuant to these Terms, you will immediately notify us and will not use, in any way whatsoever, such data, information, or software. If you request a withdrawal of Tokens and we cannot comply with it without closing some part of your open positions, we will not comply with the request until you have closed sufficient positions to allow you to make the withdrawal.

18.5. Goobit may refuse to execute a trade, impose trade amount limits or restrictions at any time in its sole discretion without notice. Specifically, Goobit reserves the right to refuse to process, or the right to cancel or reverse, any transaction or disable a User’s deposit address on the Platform where Goobit suspects the transaction involves money laundering, terrorist financing, fraud, or any other type of crime or if Goobit suspects the transaction relates to a prohibited use as stated in our Terms, including transactions involving the opening of an Account and subsequent closure without any actual trading occurring. Goobit provides deposit Accounts to enable trading using the Services and does not allow Users to use such Accounts as a web wallet or address changing service. We reserve the right to halt deposit activity at our sole discretion. While Goobit may in its discretion reverse a trade, a User may not change, withdraw, or cancel its authorization to make a transaction, except with respect to partially filled orders.

18.6. Goobit may correct, reverse, or cancel any trade impacted by an error in processing your purchase or otherwise. Your remedy in the event of an error will be limited. You may seek to cancel your order or obtain a refund of any amounts charged to you, although we cannot guarantee such cancellations or refunds will always be possible.

18.7. Goobit provides its Users with a platform that allows their orders to be matched with the orders of other Users. Orders may be partially filled or may be filled by a number of orders, depending on the trading activity at the time an order is placed.

18.8. The Tokens that are available through the Services may be subject to high or low transaction volume, liquidity, and volatility at any time for potentially extended periods. You acknowledge that while we are using commercially reasonable methods to provide exchange rate information to you through our Services, the exchange rate information we provide may differ from prevailing exchange rates made available by third parties. Similarly, the actual market rate at the time of your trade may be different from the indicated prevailing rate depending on the velocity of trading in the Tokens involved in your trade. You agree that Goobit is not liable for price fluctuations or differences in actual versus indicated rates.


19.1. The Services and the Sites are provided "as is" and your use of the Services and the Platform is solely your responsibility. Goobit strives to provide the best available means of protection of its Services and to secure all data and funds belonging to Customer. However, Goobit provides no warranty as to the availability or accuracy of the Site or content available thereon.

19.2. Goobit continuously improves and performs upgrades which may result in server outages. Goobit may perform maintenance or changes to the service at any time it sees fit. This may result in periods during which the service may be temporarily unavailable. Goobit will, to the extent that it is possible, announce such interruptions in advance. However, Goobit is not required to do so and Goobit is not responsible for any damages or losses resulting from server outages.

19.3. Should Goobit services be disabled Goobit will, as soon as it will be possible, notify the Customer through all available means of communication about steps taken and the projected date when the Services is expected to be reinstated.

19.4. Should the Services be disabled for a period of time longer than seven (7) working days Goobit will consult the Customer about withdrawal of funds from unprocessed transactions.


20.1. You are liable to Goobit for any damages caused to Goobit, or any third party, due to your breach of these Terms, including but not limited to the misuse of the Platform and/or Services. Furthermore, you agree to indemnify us in relation to any claims, costs (including reasonable legal costs) damages, expenses, liabilities and losses incurred by us arising in any manner in relation to your breach of these Terms.

21. TERM

21.1. The agreement between Goobit and the Customer shall remain in effect until terminated. Either party may terminate such agreement by giving the other party 30 days' notice by email, as set out on the Site.

21.2. Customer agrees to pay all fees for Services performed and expenses incurred prior to the termination of these Terms. Termination of the agreement between Goobit and the Customer will terminate all additional obligations under these Terms.

21.3. All rights of Goobit under these Terms shall survive the termination.

21.4. The account of Customer is blocked upon effective termination of this agreement.


22.1. Goobit may terminate the agreement between Goobit and the Customer if the Customer is in material breach or default of any of its obligations under these Terms or if the Customer performs actions inflicting loss or damage to Goobit.

22.2. Upon material breach of the Customer, Goobit reserves the right to investigate violations of these Terms and to take any relevant action, including but not limited to blocking of Customer's account, reporting suspected unlawful activity to law enforcement authorities in Sweden as well as to relevant authorities in the Customer's country of residence, regulatory institutions, disclosing any information necessary or appropriate to such entities relating to Customer profile, email addresses, the Customer's addresses and traffic information that these entities would require in their proceedings.

22.3. The account of Customer may further be blocked due to request of authorities entitled to issue such request.

22.4. Blocking of the account of Customer can be lifted if the reasons for the blocking are no longer at hand.


23.1. These Terms as well as information about the Services and these Terms are provided in English. All communication by Goobit will be made in English or Swedish.


24.1. These Terms shall be governed by the substantive laws of Sweden. Any dispute, claim or controversy arising out of these Terms shall be finally settled by the courts of Sweden. Customers using the Services in their capacity as consumers may contact the National Board for Consumer Disputes (ARN) to have a dispute with Goobit tried.

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