Terms of Condition

Terms of Condition

By accessing and using this service, you accept and agree to be bound by the terms and provision of this agreement. In addition, when using these particular services, you shall be subject to any posted guidelines or rules applicable to such services. Any participation in this service will constitute acceptance of this agreement. If you do not agree to abide by the above, please do not use this service.


Limitation of liability

Under no circumstances will the Plain Exchange Parties be liable for any damages including general, special, direct, indirect, incidental, consequential, punitive or any other of any kind whether in an action in contract or negligence arising or relating in any way to the use or inability to use by any party of the content, the platform or any third-party platform to which this platform is linked, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if Plain Exchange, or representatives thereof, are advised of the possibility of such damages, losses or expenses. Plain Exchange is not liable for any defamatory, offensive or illegal conduct of any user. Your sole remedy for dissatisfaction with this platform is to stop using the platform. You as the user are to conduct your own verification of currency, if you opt to use our provided tools, we shall not be liable in case of misidentification of legal tender, or inaccuracy in the tool. Any disputes between parties are to be solved on your own.

If your use of materials from this platform results in the need for servicing, repair or correction of equipment or data, you assume any costs thereof. If the foregoing limitation is found to be invalid, you agree that the Plain Exchange’s total liability for all damages, losses, or causes of action of any kind or nature shall be limited to the greatest extent permitted by applicable law.

Users should bear unexpected risk(s) that may happen in the course of money changing transaction(s).  For example, 'any user who carries out any money changing with other user should bear the legal responsibility for any transaction involves unlicensed money service business'.



We may terminate your access to the platform, without cause or notice, which may result in the forfeiture and destruction of all information associated with your account. All provisions of this Agreement that, by their nature, should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity, and limitations of liability.



Plain Exchange reserves the right to change these conditions from time to time as it sees fit and your continued use of the platform will signify your acceptance of any adjustment to these terms. If there are any changes to our privacy policy, we will announce that these changes have been made on our home page and on other key pages on our platform. If there are any changes in how we use our platform customers' Personally Identifiable Information, notification by email or postal mail will be made to those affected by the change. You are therefore advised to re-read this statement on a regular basis


Applicable law and dispute resolution

This Agreement and all other aspects of your use of the Site shall be governed by and construed in accordance with the laws of the Hong Kong, without regard to its conflict of laws rules. You agree that you will notify Plain Exchange in writing of any claim or dispute concerning or relating to the platform and the information or services provided through it, and give Plain Exchange a reasonable period of time to address it BEFORE bringing any legal action, either individually, as a class member or representative, or as a private attorney general, against Plain Exchange.



If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall be enforced to the fullest extent possible, and the remaining provisions of the Agreement shall remain in full force and effect. 


Copyright complaints

If you believe, in good faith, that any materials on the platform infringe your copyrights, notifications of claimed copyright infringement should be sent to us. Notification should include:

•  an electronic or physical signature of the person authorized to act on behalf of the owner of the copyright interest;

•  a description of the copyrighted work that you claim has been infringed;

•  a description of where the material you claim is infringing is located on the platform;

•  a statement by you that you have a good faith belief that the disputed use is not authorized by the copyright owner, its agent or the law; and

•  a statement by you, made under penalty of perjury, that the above information in your notice is accurate and that you are the copyright owner or duly authorized to act on the copyright owner's behalf.

You may contact us for notification of claimed copyright infringement by e-mail atinfo@plainexchange.xyz


Contacting us

If you have questions regarding the Agreement please contact us by e-mail at info@plainexchange.xyz

Last Updated: January 23, 2016