Terms of Use for Digital Currencies
TERMS OF USE OF DIGITAL CURRENCIES
Effective Date: November 1, 2025
By clicking "CONFIRM", I agree to the following terms:
• The transfer of digital currency is carried out outside the country of my residence and is regulated under the jurisdiction of the Republic of South Africa (RSA).
• I accept the risks related to fluctuations in the digital currency exchange rate and the uncertainty of its legal status.
• All transactions are final and cannot be canceled or refunded.
• I confirm that I have independently reviewed and am responsible for compliance with tax and currency regulations in my country.
1. General Provisions
1.1. TOP GROUP LTD is an international company registered at:
222 Smit Street, Johannesburg, Gauteng, 2000, South Africa (hereinafter referred to as the "Company").
The use of digital currency for payment of goods and services is not prohibited in the RSA.
1.2. Digital currency (cryptocurrency) is a digital representation of value that may be transferred, stored, and used as a means of settlement in accordance with the legal framework applicable in the RSA.
1.3. User — any natural or legal person who uses the Company’s Services.
1.4. Jurisdiction of the transaction — the territory of the Republic of South Africa where the legal transfer of digital currency is deemed to occur.
1.5. The Company is not a tax agent of the User and does not accept payments in digital currency in countries where such operations are prohibited.
2. Product Being Purchased
2.1. The Privilege Card is an informational and consulting product which:
• Grants access to discounts from the Company’s partners worldwide;
• Is not a financial instrument, security, investment product, or guarantee of income;
• Does not provide rights to shares, profit distribution, or participation in Company management.
3. Payment Procedure and Use of Digital Currency
3.1. The transfer of digital currency is carried out outside the User’s country of residence, within the jurisdiction of the RSA.
3.2. The User confirms that such a payment method does not violate the legislation of their country, since the transaction is not executed within its jurisdiction.
3.3. The User is solely responsible for complying with:
• Tax regulations
• Currency control rules
• Digital financial asset laws
• Other applicable national regulations
3.4. The User understands that the legal status of digital currency varies across countries and that its recognition as legal tender is not guaranteed.
3.5. After payment, the User gains access to available real estate and/or automobile offers and partner discounts.
3.6. All actual purchase settlements for real estate and/or automobiles are conducted directly between the User and the seller in the national currency of the applicable country.
The Company is not a party to these transactions and does not participate in payments.
3.7. The Company strongly advises the User not to use the Privilege Card in their country of residence if such use is restricted or prohibited by local law.
In case of uncertainty, the User must seek legal advice before use.
The User may use the Card in countries where its use is lawful.
4. User Responsibility and Risks
4.1. The User assumes all risks associated with digital currency price fluctuations.
4.2. The User understands that regulatory changes may affect the ability to use digital currency and its value.
4.3. Blockchain transactions are irreversible and cannot be canceled or disputed by the Company.
4.4. The Company is not responsible for:
• Blockchain network failures or delays
• Loss of private wallet access
• Poor or missing internet connection
4.5. The Company is not a financial institution, payment provider, or investment advisor and does not provide investment guarantees or recommendations.
5. Tax Obligations
5.1. The User must independently declare and pay any taxes arising from product acquisition and/or economic benefits obtained (including discounts).
5.2. The Company is not responsible for the User’s tax reporting.
6. Governing Law and Dispute Resolution
6.1. These Terms are governed by the laws of the Republic of South Africa.
6.2. All disputes shall be resolved in the courts of the RSA.
6.3. The User agrees that the protection of their rights shall be carried out in accordance with RSA jurisdiction.
7. Legality of the Operation
7.1. The operation is legally valid if:
• The transfer of digital currency occurs outside the User’s country of residence;
• The Company does not participate in purchase settlements of real estate and/or vehicles;
• The User fulfills their tax and currency control obligations.
7.2. The Company is not liable for losses arising from refusal or suspension of services due to AML/KYC compliance requirements.
8. Amendments to the Terms
8.1. The Company may update these Terms by changing the document date.
8.2. Continued use of the Platform constitutes full acceptance of the updated Terms.
8.3. If the User does not agree with the updates, they must stop using the Services.
