Website, account and OTC transaction terms for RUDRIVA customers and visitors.
These terms govern access to the RUDRIVA website, customer portal and OTC transaction services. OTC services remain subject to account verification, KYC or AML review, declaration requirements, liquidity availability, quote terms and compliance approval.
1. Legal Entity
These Terms apply to the website and services made available by RUDRIVA VDA (OPC) PRIVATE LIMITED.
2. Eligibility
OTC services are available only to customers who meet RUDRIVA's eligibility, onboarding and compliance requirements. RUDRIVA may refuse, delay or discontinue service where required by law, policy, risk controls or operational considerations.
3. Account Registration and Verification
Customers may be required to complete email verification, mobile verification, KYC review, declaration requirements and other onboarding steps before trading is enabled. Submission of information or documents does not guarantee approval.
4. OTC Services
RUDRIVA provides OTC services for eligible customers seeking to buy or sell USDT, subject to transaction review, liquidity availability and compliance approval.
5. Quotes and Limits
Quotes are valid only for the period specified in the applicable quote and may be valid for up to two hours unless otherwise stated. Standard daily transaction limit: up to INR 50,00,000, subject to customer eligibility, KYC or AML review, compliance approval, available liquidity, transaction review and the limit assigned to the customer's account.
6. Payments and Wallets
Third-party payments are not accepted except where expressly approved after compliance review. Customers must provide wallet information for wallets they own or control. RUDRIVA does not accept instructions to deliver VDA to an unrelated third-party wallet.
7. Prohibited Activities
Customers must not use RUDRIVA for fraud, scams, money laundering, terrorist financing, sanctions evasion, stolen funds, unauthorized third-party transactions, impersonation, false documents, account misuse, illegal goods or services, attempts to bypass KYC, attempts to bypass transaction limits, use of another person's account or use of unauthorized payment sources.
8. Cancellation, Refunds and Settlement
Unfunded orders may generally be cancelled before payment is credited, subject to quote or order terms. Once payment has been received and the corresponding VDA transaction has been executed or irrevocably initiated, the transaction is generally final. Refund decisions depend on verification, reconciliation, compliance review and the facts of the transaction.
9. Risks, Taxes and Advice
Virtual Digital Assets involve significant risk. RUDRIVA provides OTC transaction services and does not provide investment, financial, legal or tax advice. Customers remain responsible for understanding and complying with applicable tax obligations arising from their transactions.
10. Governing Law
These Terms are governed by the laws of India, subject to any mandatory rights and applicable legal requirements.