PulseCoin

Exchange

Terms of Service

Terms and Condition

1. Applied area These basic terms and conditions of credit transactions apply to PULSECOIN. 

It is designed to process credit transactions quickly and accurately on the basis of mutual trust between the LLC and its members, and at the same time to reasonably adjust the interests of the parties, and applies to all transactions related to credit.

2. Delay compensation

Interest Amortization If the amortization principal and principal are not paid on the due date, the delay compensation will be paid immediately for the amount due.

If you fail to pay your debt on the expiration date of the loan period, or if you lose the benefit of the time limit, you will be paid the delay compensation immediately on the balance of the loan from then on In the event that the debtor delays in fulfilling its obligations to the bank, compensation for delay shall be paid in accordance with the number of days of delay calculated in units of one day as 365 days in a year within the limits prescribed by law for the amount to be paid.

However, foreign exchange transactions are subject to international customs and commercial practices The debtor agrees to comply with the change in financial circumstances or other substantial reasons that correspond to the maximum rate prescribed by law. However, if there is an objection to this, the contract may be terminated within one month from the base date of the change, and in this case, the interest and delay compensation rates before the change shall be applied until the date of termination, and in the case of delay in the performance of the return obligation due to the termination, the delay compensation rate in accordance with Paragraph 3 shall be applied from the day after the termination date.

3. Guarantee In the event of a change in the debtor's credit, a decrease in the value of the collateral, or any other substantial cause that is deemed necessary for the preservation of the debt, the debtor agrees to provide security or additional security approved by the bank at the request of the bank, or to establish or add a guarantor.

4. Usage of Loan The debtor shall not use the funds received from the loan transaction with PULSECOIN.LLC or the loans for any purpose other than the purpose prescribed at the time of the transaction. The same is true in the case of credit.

5. Obligation to repay obligation to repay the Principal amount upon the Maturity Date or earlier, in accordance with the terms hereof, shall be denominated in the same Fiat currency borrowed by you (including where Principal is disbursed in any Stablecoin pegged to such Fiat currency), and we may allow you to repay any loan Principal in such Fiat or in Eligible Stablecoins pegged there to The debtor shall repay the amount of the Principal upon the Maturity Date, or upon the earlier repayment or termination in accordance with the terms hereof If The debtor fail to make any repayment of principal when due, in addition to any rights may have in

connection with a Default Event, PULSECOIN.LLC shall be entitled, and The debtor hereby authorize PULSECOIN.LLC When the debtor is delayed for 14 days continuously from the time when the interest, amortization or amortization principal is due, or when the interest delay has reached four times during the term of the contract, the debtor's debt shall forfeit the benefit of the time limit and the debtor shall be obliged to repay (or perform) the same.

6. Offset The debtor may set off the debtor's due-due deposits, other receivables, and debts to banks, regardless of whether the debt is due or not. With respect to debt obligations in foreign currency, they can be set off only when the respective deadlines have reached and the prescribed procedures have been taken in accordance with the laws and regulations relating to foreign exchange. 

In the case of set-off, with regard to the calculation of interest, discount charges, and deferred compensation on the debt obligation, the period shall be the date on which the notice of set-off is reached, and the rate shall be PULSECOIN. 

It shall be determined by the LLC, and the foreign exchange rate shall be based on the market price at the time of the bank's calculation. In addition, if there is a special fee for reimbursement before the deadline, it will be followed.

7. Currencies Loan Principal disbursements are made in Fiat currency, or in Eligible Stablecoins. Loans shall be secured at all times by Eligible Digital Assets posted as Collateral. PULSECOIN.LLC may change or limit the types of Digital Assets it accepts or supports at any time and without notice, provided that such changes or limitations will not affect outstanding Loans that were made prior to the date of such change Currency Exchange Risk. 

If Borrower’s settlement currency is not USD, you agree and acknowledge that you will bear any and all risks associated with the exchange, settlement, or fluctuation of currency.

8. Cost To the extent permitted by law, Borrower agrees to pay and reimburse PULSECOIN for any and all costs and expenses, including collection expenses, court costs, and reasonable attorneys’ fees, incurred by Lender in the collection or enforcement of these Loan Conditions. 

The Borrower also agrees to pay any and all withholding taxes applicable to the Collateral, including any withholding taxes on any amounts so paid and, upon written request by Lender, shall furnish Lender with evidence of payment thereof. 

PULSECOIN has the right to offset any Obligation against any funds or obligations owed to you under any contract, and regardless of the currency of such Obligation, all amounts owed by you to PULSECOIN must be paid to PULSECOIN without invoking any offset or counterclaim, unless otherwise specifically authorized by these Loan Conditions. If PULSECOIN must incur any additional cost to maintain or finance your Account and/or Loan pursuant to a legal or regulatory requirement, you agree to pay PULSECOIN the amount that certify is necessary to offset this increased cost.