Terms of Service
Last updated: February 2026
1. Acceptance of Terms
By accessing or using Prime Trading Exchange (“the Platform”), you agree to be bound by these Terms of Service. If you do not agree to these terms, you may not use the Platform. These terms apply to all users, including individuals and businesses.
2. Eligibility
You must be at least 18 years old and legally able to enter into binding contracts to use the Platform. By registering, you represent that all information provided is accurate and complete. Business accounts must be registered by authorized representatives of the entity.
3. Account Registration & KYC
All users must complete Know Your Customer (KYC) verification before transacting. This includes providing a valid government-issued photo ID and selfie verification for individuals, or company registration documents and EIN for businesses. We reserve the right to decline or revoke access if verification cannot be completed satisfactorily.
4. Services
Prime Trading Exchange facilitates the conversion between USDT (Tether) and USD wire transfers. We act as an intermediary for these exchanges and are not a bank, broker-dealer, or investment advisor. Exchange rates and fees are displayed at the time of each transaction and are subject to change.
5. Fees & Rates
Transaction fees range from 0.45% - 1.0% per exchange, based on a volume-based tiered structure. Fees are deducted from the transaction amount and clearly displayed before you confirm any exchange. We reserve the right to modify our fee structure with prior notice.
6. Transaction Processing
Transactions are processed after submission and verification. Processing times vary: USDT transfers are typically confirmed within minutes, while wire transfers may take 1–2 business days depending on your bank. We are not responsible for delays caused by third-party institutions.
7. Prohibited Activities
You may not use the Platform for money laundering, terrorist financing, fraud, or any other illegal activity. You may not attempt to circumvent KYC requirements, use the Platform on behalf of unverified third parties, or engage in market manipulation. Violation of these terms may result in account termination and reporting to authorities.
8. Account Suspension & Termination
We reserve the right to suspend or terminate accounts at our discretion, including for suspected fraudulent activity, failure to complete verification, violation of these terms, or as required by law or regulatory action.
9. Limitation of Liability
Prime Trading Exchange is not liable for losses arising from market volatility, network delays, bank processing times, unauthorized account access due to user negligence, or force majeure events. Our total liability shall not exceed the fees paid by you in the 12 months preceding the claim.
10. Regulatory Compliance
Prime Trading Exchange is a registered Money Services Business (MSB) with the U.S. Financial Crimes Enforcement Network (FinCEN) and holds applicable state money transmitter licenses. We comply with all applicable anti-money laundering (AML) and know-your-customer (KYC) regulations.
11. Changes to Terms
We may update these terms at any time. Material changes will be communicated via email or platform notification. Continued use of the Platform after changes constitutes acceptance of the updated terms.
12. Contact
For questions about these terms, contact us at support@primetradingex.com.