These rules align settlement with verifiable liquidity and authentic market participation.
They help confirm clean counterparty flows before withdrawals are enabled.
SUMMARY (Quick View)
- Initial Settlement: Proceeds from your first four (4) completed P2P trades are credited to your Spot Wallet for on-platform settlement.
- Withdrawal Eligibility: Withdrawals unlock only after four (4) completed trades, each executed with different vendors (distinct counterparties).
- Liquidity Check: If activity does not meet minimum liquidity criteria, the system may require one (1) additional trade before withdrawals are enabled.
FULL P2P TERMS
1) Scope
These P2P terms govern user-initiated buy/sell activity on Vinancee's peer-to-peer interface ("P2P").
They supplement the Site Terms to support orderly settlement and marketplace integrity.
2) Initial Settlement Rule
Your first four (4) completed P2P trades settle to your Spot Wallet.
Funds remain available for on-platform use (including subsequent P2P trades) and are recorded in your ledger.
3) Withdrawal Eligibility & Vendor Diversity
- Withdrawals become available only after four (4) completed trades.
- Each required trade must be with different vendors (distinct counterparties) to demonstrate normal market participation and reduce closed-loop risk. Vendor uniqueness may include related-account analysis.
4) Liquidity Verification
Routine checks assess aggregate notional, depth, vendor dispersion, and counterparty patterns.
If minimum liquidity is not met (e.g., size too small, fragmented fills, abnormal counterparty concentration),
Vinancee may request one (1) additional trade to finalize verification before withdrawal is enabled.
Guidance: "Minimum liquidity" generally means sufficient trade size and vendor spread to evidence bona fide demand and clean settlement across counterparties.
5) Settlement & Risk Controls
- Automated controls may flag unusual flows and apply temporary settlement holds until checks complete.
- Where required, identity or source-of-funds verification may be requested.
- Suspected abuse (e.g., wash activity, coordinated vendor cycling) can result in limits, reversals, or account review.
6) Disputes & Cooperation
In case of a dispute, users must cooperate with reasonable information requests.
Vinancee may pause settlement or withdrawals while investigating.
7) Changes
Vinancee may update these P2P terms to reflect operational, regulatory, or risk-management needs.
Material changes will be communicated on-site. Continued use after an update constitutes acceptance.
Effective Date: January 1, 2020