Balance Replenishment

Notification on Balance Replenishment on the JETUP Platform

1. General Provisions

1.1. This notification (hereinafter - "Notification") is provided to users of the JETUP Platform (hereinafter - "Platform") and contains important information about the balance replenishment process, as well as legal aspects and risks associated with this operation.

1.2. Balance replenishment on the JETUP Platform is a voluntary action of the User and is carried out exclusively at their own desire and at their own risk.

1.3. Before replenishing the balance, the User is obliged to carefully read this Notification, the User Agreement, and all accompanying documents of the Platform.

1.4. All settlement relations on the Platform, carried out when using the settlement service, are performed by Users independently, without assistance from the Platform. The Platform User, when using the settlement service, independently determines the recipient and the number of accounting units to be debited from their account and credited to the recipient's account.

2. Balance Replenishment and Reduction Process

2.1. Balance replenishment on the Platform is carried out by the User independently through their personal account using available payment methods.

2.2. When replenishing the balance, the User independently introduces digital assets into the Platform system.

2.3. The User, using the payment service, independently converts their digital assets into Active Accounting Units (hereinafter - AAU), created by them when using the service belonging to the Platform. The Platform is not an issuer, as well as a holder of accounting units stored in the Asset account or Liability account. Conversion and issuance of Asset accounting units and Liability accounting units are carried out by the Buyer and seller personally, without assistance from the Platform.

2.4. AAUs represent an obligation to store digital assets belonging to the User by the Platform.

2.5. At the moment of concluding a transaction between the Buyer and the seller, the Buyer, using the Platform's settlement service, independently transfers AAUs in favor of the Seller, as a result of which the accounting units are debited from the Asset account and transferred to the Liability account, turning into Liability Accounting Units (hereinafter - LAU).

2.6. At the moment of debiting accounting units from the active account and crediting them to the passive account, in the storage agreement, there is a replacement of the obligation party according to which, the person who gave digital assets for storage transfers the right to receive them to a third party, the holder of LAU, of which they notify the Platform as the custodian.

3. Legal Aspects

3.1. The JETUP Platform is not an issuer, as well as a holder of accounting units stored in the Asset account or Liability account of the User.

3.2. Conversion and issuance of Asset accounting units and Liability accounting units are carried out by the User personally, without assistance from the Platform.

3.3. The Platform does not provide assistance when using the User's settlement services, namely: it does not accept orders for debiting accounting units or crediting them, does not control the parameters of the operation being conducted, does not restrict users when conducting these operations.

3.4. The Platform is not a participant or a party to the relationship during the transfer of accounting units between Users, carried out in fulfillment of transactions concluded by Platform Users, except for cases expressly defined in the Platform rules.

4. Risks and Liability

4.1. The User assumes all risks associated with balance replenishment and the use of digital assets on the Platform.

4.2. The Platform does not guarantee the safety of the User's funds and is not responsible for any losses arising as a result of using the Platform or inability to use it.

4.3. The User bears full responsibility for the correctness of the data entered during balance replenishment and for compliance with applicable legislation when conducting operations with digital assets.

4.4. The Platform is not responsible for any errors made by the User during balance replenishment, including errors in specifying addresses or transfer amounts.

5. Security

5.1. The User undertakes to observe all necessary security measures when replenishing the balance and using the Platform.

5.2. In order to ensure security, the Platform may request additional verification of the User when conducting balance replenishment operations.

5.3. In case of suspicious activity, the Platform reserves the right to temporarily suspend balance replenishment operations to conduct a check.

6. Final Provisions

6.1. By replenishing the balance and acquiring accounting units of the Platform, the User fully agrees to the terms of this Notification, as well as all provisions of the User Agreement and accompanying documents of the Platform.

6.2. In case of disagreement with any of the terms of this Notification or other documents of the Platform, the User undertakes to refrain from balance replenishment and use of the Platform.

6.3. The Platform reserves the right to unilaterally make changes to this Notification. The current version of the Notification is always available on the Platform website.

6.4. All disputes arising in connection with balance replenishment on the Platform are subject to resolution in accordance with the legislation of Georgia.

Last updated: 01.05.2025