Capital Minds P2P Terms & Conditions

These Peer-to-Peer Terms & Conditions (the “P2P Terms”) govern your access to and use of the cryptocurrency buy, sell, and peer-to-peer trading services made available by Capital Minds (“Capital Minds”, “we”, “us” or “our”) through capitalminds.io and any associated dashboards, interfaces, or order desks (collectively, the “Platform”).

The Platform currently facilitates manually settled Buy USDT and Sell USDT orders against fiat currency, and is being expanded to support a fully automated P2P Marketplace in which verified users may transact directly with one another under Capital Minds escrow protections.

By creating an order, submitting payment, transferring crypto, or otherwise using any Capital Minds P2P service, you confirm that you have read, understood, and agreed to be bound by these P2P Terms, our Terms of Service, our Privacy Policy, and our Risk Disclosure. If you do not agree to these P2P Terms, you must not use the Platform's P2P services.

To create or fulfill an order on the Platform, you represent and warrant that you:

• Are at least 18 years of age and of full legal capacity in your jurisdiction;
• Are legally permitted to buy, sell, and hold cryptocurrencies under the laws of your country and place of residence;
• Have completed Capital Minds' Know-Your-Customer (KYC) verification at the level required for your order size and product;
• Are using genuine, accurate, and current identity, contact, banking, and wallet information that belongs to you;
• Are not a resident or national of, and are not transacting from, a jurisdiction subject to UN, EU, UK, US/OFAC, or local Pakistani sanctions, embargoes, or comprehensive trade restrictions;
• Are not listed on any sanctions, terrorism financing, or politically restricted-persons list;
• Are acting on your own behalf and not as an undisclosed agent, money-mule, or third-party fronting account.

Capital Minds may, at its sole discretion, decline service, request additional verification, or restrict access where it believes any of the above conditions are not met.

Capital Minds operates under strict Anti-Money-Laundering (AML) and Counter-Financing-of-Terrorism (CFT) standards aligned with FATF guidance and applicable local regulations.

• KYC is mandatory for every Capital Minds P2P user. No order will be released or settled until verification is complete and valid.
• All transactions may be monitored, screened, and reviewed in real time using automated risk scoring and manual compliance checks.
• Capital Minds may pause, hold, or reverse any order pending review where the transaction triggers a risk flag, sanctions hit, blockchain analytics alert, or unusual behavior pattern.
• You may be required to provide a Source of Funds and/or Source of Wealth declaration with supporting documentation (e.g., salary slips, business records, bank statements, exchange withdrawals).
• Suspicious activity may be reported to relevant Financial Intelligence Units and law-enforcement authorities as required by law, without prior notice to you.
• Use of mixers, tumblers, sanctioned addresses, dark-market wallets, or other illicit-flow indicators is strictly prohibited and will result in funds being frozen pending investigation.

When you create a Buy USDT order on the Platform, you agree to the following manual settlement rules:

• Quoted Rate & Lock Window: The PKR/USDT rate displayed at order creation is time-limited and is locked only for the duration shown on the order screen. If payment is not received within the lock window, the order may expire or be re-quoted at the current market rate.
• Payment Window: Fiat payment must be sent from your KYC-verified bank, JazzCash, or Easypaisa account to the exact account details displayed on your order. Third-party payments are not accepted.
• Wrong / Mismatched Transfers: Sending the wrong amount, the wrong currency, from a non-verified account, or to a non-listed account may result in delays, refunds (net of bank charges), or order rejection.
• Payment Proof: You may be asked to upload a screenshot or PDF of the transfer receipt, including reference number and timestamp. Falsified or edited proof is grounds for permanent account termination and legal action.
• Delivery: USDT will be released to the destination wallet, exchange UID, or Binance account you specified in the order, on the network you selected (e.g., TRC20, BEP20). Capital Minds is not liable for losses caused by an incorrect destination supplied by you.
• Order Expiry: Unpaid orders auto-expire after the time stated on the order. Expired orders cannot be revived; you must create a new order at the then-current rate.
• Cancellations: Orders may be cancelled by you before fiat is sent. Once fiat has been sent, cancellation is no longer available; the order will be processed or, if rejected for compliance reasons, refunded.

When you create a Sell USDT order on the Platform, you agree to the following rules:

• Exact Amount: You must transfer the exact USDT amount stated on the order. Under-payments will be held pending top-up; over-payments may be refunded net of network and processing fees.
• Correct Network: You must send funds on the exact blockchain network shown on the order (e.g., TRC20, BEP20, ERC20). Sending USDT on the wrong chain or to the wrong contract is your sole responsibility; recovery may be impossible or chargeable, and Capital Minds is not liable for unrecoverable cross-chain transfers.
• Destination Address: Funds must be sent only to the deposit address shown on the order. Addresses are unique per order and must not be reused.
• Transaction Hash (TXID): You may be required to submit the on-chain TXID to confirm payment. Settlement begins after the required number of network confirmations is reached.
• Order Expiry: If the required USDT is not received within the time window shown on the order, the order will expire automatically. Funds received after expiry may still be processed at the prevailing market rate or returned, at Capital Minds' discretion.
• Fiat Payout: PKR payout is sent to the verified bank, JazzCash, or Easypaisa account registered to your KYC profile. Payouts to third-party accounts are not permitted.

The following provisions apply to the upcoming Capital Minds P2P Marketplace, in which buyers and sellers interact directly under Capital Minds escrow:

• Counterparty Accuracy: Both buyer and seller are individually responsible for the accuracy of the price, payment method, payment window, terms, and any remarks they post or accept on a P2P advertisement.
• Escrow: Once a trade is opened, the seller's crypto is locked in Capital Minds escrow. Escrowed crypto can only be released to the buyer after the seller confirms receipt of fiat or after a successful dispute outcome.
• Communication: All trade communication must take place inside the Capital Minds chat. Off-platform communication (WhatsApp, Telegram, Signal, etc.) for active trades is discouraged and is not protected by these P2P Terms.
• Disputes: Capital Minds compliance and trade-review staff have the authority to review chat logs, payment proofs, and on-chain evidence and to issue final decisions on disputes. Decisions are binding on both parties for the purpose of releasing escrow.
• Fraud Prevention: Capital Minds may apply velocity limits, address screening, device fingerprinting, behavioral analytics, and additional verification at any stage of a trade.
• Suspension Rights: Capital Minds reserves the right to remove advertisements, freeze trades, suspend users, or restrict P2P features where there is a reasonable risk of fraud, money laundering, or terms violation.
• No Investment Advice: Capital Minds is a technology and escrow provider for the P2P Marketplace and does not act as a counterparty, financial advisor, or guarantor of price.

• Spread & Service Fee: Capital Minds may apply a spread, network fee, processing fee, or service fee on Buy USDT, Sell USDT, and P2P Marketplace orders. All applicable fees are disclosed on the order screen before you confirm the order.
• Volatility Adjustments: Indicative rates may change at any time in line with global crypto and FX market volatility. Only the rate shown on a confirmed and timely-paid order is binding.
• Locked Rate: Where supported, confirming an order within the lock window guarantees the displayed rate, provided your fiat or crypto payment arrives within the order's payment window.
• Network Fees: On-chain network fees, gas fees, and bank charges are borne by the party initiating the relevant transfer, except where expressly stated otherwise.
• Taxes: You are solely responsible for any taxes, levies, or duties applicable to your transactions in your jurisdiction.

The following activities are strictly prohibited on the Platform:

• Fraud, deception, or attempted theft of any kind;
• Initiating bank or wallet chargebacks, reversals, or recalls after a Capital Minds order has been settled;
• Use, transfer, or laundering of stolen funds, fraud proceeds, ransomware payments, scam victim funds, or otherwise illicit assets;
• Submitting fake screenshots, edited bank receipts, fake TXIDs, or other forged proof;
• Identity misuse, including using another person's ID, bank account, or wallet, or operating money-mule arrangements;
• Market abuse, including coordinated price manipulation, spoofing, wash trading, or collusion between accounts;
• Sanctions evasion, layering, structuring, or attempts to circumvent jurisdictional restrictions;
• Multi-account abuse, including operating duplicate accounts, sharing accounts, or creating accounts on behalf of others without authorization;
• Use of stolen, hacked, or compromised payment methods;
• Any conduct that violates applicable law or these P2P Terms.

Confirmed violations will result in immediate account suspension or termination, forfeiture of disputed funds pending investigation, and where required, reporting to relevant authorities and pursuit of civil or criminal remedies.

Capital Minds operates dependent infrastructure on a best-effort basis and is not liable for delays, partial fulfillment, or temporary unavailability caused by events outside our reasonable control, including but not limited to:

• Banking system downtime, IBFT outages, or settlement-network delays (1Link, Raast, JazzCash, Easypaisa, SWIFT);
• Blockchain congestion, mempool backlogs, network forks, validator outages, or chain reorganizations;
• Outages, freezes, withdrawal pauses, or maintenance windows at upstream exchanges, custodians, or liquidity providers;
• Government, central-bank, or regulatory actions, restrictions, freezes, or directives;
• Cyber-attacks, denial-of-service attacks, or attempted exploits against the Platform or its dependencies;
• Force majeure events including war, civil unrest, natural disasters, pandemics, fires, or general internet/telecom failures;
• Hardware, software, hosting, or third-party API failures.

In the event of a prolonged disruption, Capital Minds will resume processing as soon as reasonably practicable and will communicate material updates through the Platform or official channels.

Cryptocurrency markets are highly volatile and speculative. By trading on the Platform you acknowledge and accept that:

• The value of digital assets, including USDT and other stablecoins, can fluctuate, depeg, or lose value materially and unpredictably;
• Past performance, displayed rates, or third-party benchmarks are not a guarantee of future outcomes;
• Blockchain transactions are generally irreversible; once confirmed on-chain, they cannot be reversed by Capital Minds;
• Loss of access to your wallet, private keys, exchange credentials, or 2FA may result in permanent loss of funds;
• Regulatory, tax, and compliance frameworks for digital assets are evolving and may change with little or no notice;
• You are trading at your own discretion and risk, and should not transact with funds you cannot afford to lose.

For a full statement of trading risks, please review our Risk Disclosure.

Capital Minds may, at its sole and reasonable discretion, freeze, suspend, restrict, or terminate your access to all or part of the P2P services where:

• We believe you have violated these P2P Terms, our other policies, or applicable law;
• Your account is associated with fraudulent, deceptive, or high-risk activity;
• You fail to provide requested KYC, AML, or Source-of-Funds documentation within the time required;
• A regulator, law-enforcement authority, court order, or banking partner directs us to do so;
• We detect compromise of your account, payment instrument, or device;
• Continuing to provide service would expose Capital Minds to material legal, regulatory, financial, or reputational risk.

Where lawful, Capital Minds will provide you with reasonable notice and an opportunity to respond. Funds belonging to a terminated user that are not subject to investigation, regulatory hold, or chargeback claim will be returned via the verified withdrawal method on file.

Your personal data, KYC documents, transaction history, and communications are processed in accordance with our Privacy Policy.

• KYC data is stored on encrypted infrastructure and is accessible only to authorized compliance staff on a need-to-know basis;
• Transaction data may be shared with regulators, law-enforcement, banking partners, and blockchain-analytics providers strictly to the extent required by law or to fulfill our compliance obligations;
• You have rights of access, rectification, and deletion of your personal data, subject to mandatory record-retention periods imposed by AML / tax / financial-services regulations;
• Capital Minds will never share or sell your personal data to advertisers or unrelated third parties.

To the fullest extent permitted by applicable law:

• The Platform and the P2P services are provided on an “as is” and “as available” basis, without warranties of any kind, whether express or implied;
• Capital Minds, its directors, officers, employees, and contractors shall not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, including loss of profits, loss of trading opportunity, loss of data, or loss of goodwill, arising from or related to your use of the Platform;
• Where liability cannot be excluded by law, the aggregate liability of Capital Minds for any claim arising out of or related to a specific order shall not exceed the net service fee actually paid by you to Capital Minds for that order;
• Nothing in these P2P Terms is intended to exclude or limit any liability that cannot be excluded under applicable law (including liability for fraud or willful misconduct).

These P2P Terms are governed by and construed in accordance with the laws applicable to Capital Minds' principal place of business, in line with the governing-law and dispute-resolution framework set out in our Terms of Service.

The parties shall first attempt in good faith to resolve any dispute arising out of or relating to these P2P Terms through direct negotiation with our compliance team. If the dispute is not resolved within thirty (30) days, it shall be referred to the competent courts or arbitral forum identified in the Terms of Service, to the exclusion of any other forum.

For questions, complaints, or requests relating to these P2P Terms, your KYC, or a specific order, please contact our compliance and support teams through any of the official channels below:

• Support email: support@capitalminds.io
• Compliance email: compliance@capitalminds.io
• Contact form: capitalminds.io/contact

Do not share your password, OTPs, private keys, or seed phrases with anyone claiming to represent Capital Minds. Our team will never ask for them.