Terms of Use

Effective Date: 22 January 2026

 

These Terms of Use (“Terms”) govern your access to and use of the website pelotontek.com (the “Website”) and any virtual asset services provided by PELOTON SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ (“Peloton,” “Company,” “we,” “us,” “our”), a company registered in Poland with Company Number (KRS) 0001132722, NIP: 8133922725, having its registered address at ul. Jana III Sobieskiego 17, 35-002 Rzeszów, Poland. Peloton is a registered Virtual Asset Service Provider in Poland, entered in the Register of Virtual Currency Activities (Rejestr Działalności w Zakresie Walut Wirtualnych) under license number RDWW-1567.

 

For the purposes of these Terms:

• “Services” refers to the virtual asset services provided by Peloton, which include but are not limited to: (i) virtual currency exchange services (exchange of virtual currency to fiat currency and vice versa, and exchange between different virtual currencies); (ii) virtual currency deposit wallet services; (iii) facilitation of digital asset purchases through integrated payment solutions; (iv) OTC (over-the-counter) trading services for institutional and business clients; and (v) any other related services that Peloton may offer from time to time.
• “Client” means any natural person, legal entity, or other organization that accesses the Website or uses, or intends to use, the Services provided by Peloton.
• “Digital Assets” or “Virtual Currencies” or “Crypto-assets” means digital representations of value that are accepted as a medium of exchange and can be transferred, stored, and traded electronically, including but not limited to Bitcoin (BTC), Ethereum (ETH), stablecoins such as USDT and USDC, and other cryptocurrencies supported by Peloton.

 

AGREEMENT TO TERMS

By accessing the Website or using any of the Services, you agree that you have read, understood, and accept these Terms in their entirety. You further confirm that you are legally competent to enter into these Terms with Peloton. If you do not agree to be bound by these Terms, you may not access or use the Website or any Services.

PELOTON DOES NOT PROVIDE INVESTMENT OR FINANCIAL ADVICE. WE ARE A VIRTUAL ASSET SERVICE PROVIDER AND DO NOT GIVE ADVICE OR RECOMMENDATIONS REGARDING YOUR PARTICIPATION IN ANY DIGITAL ASSET TRANSACTIONS OR DEALINGS. DECISIONS ABOUT PARTICIPATING IN TRANSACTIONS OR DEALING IN DIGITAL ASSETS MUST BE AT YOUR OWN DISCRETION.

 

PRIVACY POLICY

Please refer to our Privacy Policy for information on how we collect, use, and disclose information from our Clients. You acknowledge and agree that your use of the Services is subject to the Privacy Policy. You further agree that we may collect, use, and/or disclose your information (including any personal data you provide to us) in accordance with the Privacy Policy.

 

CHANGES TO TERMS OR SERVICES

We may modify the Terms at any time at our sole discretion. If we do so, we will let you know either by posting the modified Terms on the Website, by providing you notice through our communication channels, or through other methods of communication which we deem reasonable. The modified Terms will be effective at the time they are posted on the Website. It is important that you review the Terms whenever we modify them because if you continue to use the Services after we have modified the Terms, you are agreeing to be bound by the modified Terms. If you do not agree to be bound by the modified Terms, then you may not use the Services. Because our Services are evolving over time, we may change or discontinue all or any part of the Services, at any time and without notice, at our sole discretion.

 

WHO CAN USE THE SERVICES

Eligibility
You may use the Services if you are at least 18 years old and not disqualified from using the Services in accordance with applicable law. For legal entities, you represent and warrant that you have the authority to bind such entity to these Terms.

 

Prohibited Jurisdictions
In accordance with applicable sanctions regimes (including UN, EU, UK sanctions), FATF recommendations, and the Company’s internal Risk Assessment Policy, the Services are not available to residents of, or persons located in, the following jurisdictions and territories:

 

Abkhazia, Afghanistan, Australia, Azerbaijan, Bangladesh, Belarus, Bosnia and Herzegovina, Burkina Faso Burundi, Cambodia, Canada, Central African Republic, Chad, Comoros, Congo, Crimea (region of Ukraine), Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Equatorial Guinea, Eritrea, Ethiopia, Federal Republic of Ambazonia, Gabon, Guatemala, Guinea, Guinea-Bissau, Haiti, Honduras, Iran, Iraq, Japan, Kosovo, Kyrgyzstan, Lebanon, Libya, Mali, Mozambique, Myanmar (Burma), New Zealand, Nicaragua, Niger, Non-government controlled areas of Donetsk, Luhansk, Kherson and Zaporizhzhia regions (Ukraine), Palestine, Paraguay, Republic of Artsakh, Russia, Somalia, South Korea, South Ossetia, South Sudan, Sudan, Syria, Tajikistan, Transnistria, Turkmenistan, United States of America, Venezuela, Yemen, Zimbabwe.

 

This list is maintained and updated on an ongoing basis in accordance with applicable sanctions regimes and the Company’s risk appetite. The Company reserves the right to refuse service to any person or entity from any jurisdiction at its sole discretion based on its internal risk assessment.

 

KNOW YOUR CUSTOMER AND ANTI-MONEY LAUNDERING

Peloton is an obligated institution under the Polish Act on Counteracting Money Laundering and Terrorist Financing (Ustawa o przeciwdziałaniu praniu pieniędzy oraz finansowaniu terroryzmu). As such, we are required to implement customer due diligence (CDD) measures, including identity verification, before establishing a business relationship or executing transactions.

 

The Company applies a risk-based approach to customer due diligence. As a minimum standard, all Clients and business relationships are subject to standard Customer Due Diligence (CDD). The Company does not apply Simplified Due Diligence (SDD) measures. Enhanced Due Diligence (EDD) is applied where required by law or where the Company’s risk assessment identifies elevated risk factors.

 

You agree to provide accurate, current, and complete information as required during the registration and verification process. You also agree to update such information as necessary to maintain its accuracy. Peloton reserves the right to request additional documentation at any time to verify your identity, source of funds, or source of wealth in accordance with our AML/CFT policies.

 

Depending on your risk profile, transaction volume, and other factors, different levels of verification may apply. Where a Client’s activity reaches or is expected to reach a higher risk tier, the Company may temporarily suspend services and shall obtain and verify required additional information prior to resuming such activity. We may refuse to establish a business relationship, suspend services, or terminate your account if you fail to provide required information, if we are unable to verify your identity, or if we determine that your activity presents unacceptable risk.

 

DESCRIPTION OF SERVICES

• Peloton provides virtual asset services including, but not limited to:
• Exchange of virtual currencies to fiat currencies and vice versa;
• Exchange between different virtual currencies;
• Virtual currency deposit wallet services;
• Facilitation of digital asset purchases through integrated payment solutions (on-ramp services);
• OTC trading services for qualified business and institutional clients.

 

The availability of specific services may vary depending on your jurisdiction, verification level, and applicable regulatory requirements. Peloton reserves the right to modify, suspend, or discontinue any services at any time. Certain transactions may be delayed, restricted, or declined due to legal requirements or internal AML/CFT procedures.

 

FEES AND CHARGES

Peloton charges fees for certain Services. All applicable fees will be disclosed to you prior to completing a transaction. Fees may vary based on the type of service, transaction volume, payment method, and other factors. We reserve the right to change our fee structure at any time, with notice provided through the Website or other reasonable means. By using the Services, you agree to pay all applicable fees.

 

RISK DISCLOSURE

TRANSACTIONS INVOLVING CRYPTO-ASSETS CARRY A HIGH RISK OF FINANCIAL LOSS, INCLUDING THE POSSIBLE LOSS OF THE ENTIRE AMOUNT INVESTED. The value of crypto-assets is highly volatile and may change rapidly over short periods of time. Past performance of a crypto-asset is not a reliable indicator of future results.

 

• Before using our Services or engaging in any transaction involving crypto-assets, you should:
• Carefully review information about the specific crypto-asset, including its technology, purpose, and risk profile;
• Assess your own financial situation and ability to bear potential losses;
• Consider obtaining independent legal, tax, or investment advice.

 

Peloton does not provide investment, tax, or legal advice and does not guarantee any profit or capital protection.

 

PROHIBITED ACTIVITIES

You agree not to use the Services for any unlawful purpose or in violation of these Terms. Prohibited activities include, but are not limited to:

 

• Money laundering, terrorist financing, or any other financial crimes;
• Fraud, deception, or misrepresentation;
• Circumvention of applicable sanctions or export controls;
• Transactions involving proceeds of illegal activities;
• Market manipulation or any form of abusive trading practices;
• Use of mixers, tumblers, or privacy-enhancing virtual currencies designed to obscure the origin of funds;
• Any activity that violates applicable laws or regulations.

 

INTELLECTUAL PROPERTY

All content on the Website, including but not limited to text, graphics, logos, trademarks, images, and software, is the property of Peloton or its licensors and is protected by applicable intellectual property laws. You may not copy, reproduce, modify, distribute, or create derivative works from any content without our prior written consent.

 

INDEMNIFICATION

To the extent permitted by applicable law, you agree to defend, indemnify, and hold harmless Peloton, its affiliates, and its respective shareholders, members, directors, officers, employees, attorneys, agents, representatives, suppliers, and contractors, from and against any and all claims, damages, obligations, losses, liabilities, costs, or expenses (including, but not limited to, attorney’s fees) arising from: (a) your use of and access to the Services; (b) your violation of the Terms; (c) your violation of any law, rule, or regulation, or the rights of any third party; or (d) any misrepresentation made by you.

 

LIMITATION OF LIABILITY

TO THE MAXIMUM EXTENT PERMITTED BY LAW, PELOTON (INCLUDING ITS AFFILIATES, SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, AND CONTRACTORS) SHALL NOT BE LIABLE FOR DAMAGES OF ANY TYPE, WHETHER DIRECT OR INDIRECT, ARISING OUT OF OR IN ANY WAY RELATED TO YOUR USE OR INABILITY TO USE THE SERVICES, INCLUDING BUT NOT LIMITED TO DAMAGES ARISING FROM THE COMPROMISE OR LOSS OF YOUR CREDENTIALS OR FUNDS, MISTAKES, OMISSIONS, INTERRUPTIONS, DELAYS, DEFECTS AND/OR ERRORS IN THE TRANSMISSION OF TRANSACTIONS, OR FOR DIMINUTION OF VALUE OF ANY DIGITAL ASSET.

 

PELOTON SHALL NOT BE LIABLE UNDER ANY CIRCUMSTANCES FOR ANY LOST PROFITS OR ANY SPECIAL, INCIDENTAL, INDIRECT, INTANGIBLE, OR CONSEQUENTIAL DAMAGES, WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, ARISING OUT OF OR IN CONNECTION WITH AUTHORIZED OR UNAUTHORIZED USE OF THE SERVICES. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.

 

Subject to applicable law and regulatory obligations, in no event shall the aggregate liability of Peloton for all claims arising out of or in connection with these Terms or from the use of or inability to use the Services exceed the amount of one hundred Euro (EUR 100.00), or the amount of fees paid by you to Peloton for the specific service giving rise to the claim in the preceding six months, whichever is greater.

 

GOVERNING LAW AND JURISDICTION

These Terms and your use of the Services shall be governed by and construed in accordance with the laws of the Republic of Poland, without regard to its conflict of law principles. Any dispute, controversy, or claim arising out of or in connection with the Services shall be subject to the exclusive jurisdiction of the courts of the Republic of Poland.

 

TIME LIMITATION ON CLAIMS

You agree that any claim you may have arising out of or related to your relationship with us must be filed within one year after such claim arises, otherwise, your claim is permanently barred.

 

NO WAIVER

Our failure to exercise or delay in exercising any right, power, or privilege under this Agreement shall not operate as a waiver; nor shall any single or partial exercise of any right, power, or privilege preclude any other or further exercise thereof. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of Peloton.

 

SEVERABILITY

If any part of this Agreement is found to be invalid, void, or unenforceable, that term will be deemed severable and limited or eliminated to the minimum extent necessary. The limitation or elimination of the term shall not affect or impair the validity or enforceability of any remaining part of that term, clause, or provision, or any other terms, clauses, or provisions of these Terms.

 

FORCE MAJEURE

Peloton shall not be held liable for any delays, failure in performance, or interruptions of service which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to: acts of God, acts of civil or military authorities, acts of terrorism, civil or industrial disturbances, blockages, embargoes, war, strikes or other labor disputes, fire, earthquakes, storms or other nature-related events, interruption in electrical telecommunications or Internet services or network provider services, failure of hardware equipment and/or software or other utility failures, smart contract bugs or weaknesses, technological changes, changes in interest rates or other monetary conditions, changes to any blockchain-related protocol, changes in applicable laws and/or sanctions policies, other catastrophe, or any other occurrences which are beyond our reasonable control.

 

CONTACT INFORMATION AND LEGAL DETAILS

Company Name: PELOTON SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
Company Number (KRS): 0001132722
NIP: 8133922725
Legal Address: ul. Jana III Sobieskiego 17, 35-002 Rzeszów, Poland
VASP License (RDWW): RDWW-1567
Email: info@pelotontek.com

 

PELOTON SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ is a registered Virtual Asset Service Provider in Poland, entered in the Register of Virtual Currency Activities (Rejestr Działalności w Zakresie Walut Wirtualnych). Peloton is an obligated institution under the Polish Act on Counteracting Money Laundering and Terrorist Financing and applies internal AML/CFT procedures, including customer due diligence, transaction monitoring, and reporting obligations.