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Terms and Conditions

Effective Date: 1 April 2024

Terms and Conditions

Welcome to LoolMarket! By using our platform, you agree to the following Terms and Conditions. Please read them carefully before making any transactions or using our services.

1. General Information

1.1 Acceptance of Terms: By accessing or using LoolMarket, you agree to comply with and be bound by these Terms and Conditions. If you do not agree with these terms, please do not use our platform.

1.2 Modifications: We may update these Terms and Conditions from time to time. We will notify you of any changes by posting the updated terms on our website. Your continued use of the platform constitutes your acceptance of the revised terms.

2. Account Registration

2.1 Account Creation: To use certain features of LoolMarket, you must create an account. You agree to provide accurate, current, and complete information during registration and to update such information to keep it accurate, current, and complete.

2.2 Account Security: You are responsible for maintaining the confidentiality of your account information and for all activities that occur under your account. Notify us immediately of any unauthorized use of your account.

3. Listings and Transactions

3.1 Seller Responsibilities: Sellers are responsible for providing accurate descriptions and images of their products. LoolMarket does not guarantee the accuracy of product information and is not liable for any discrepancies.

3.2 Buyer Responsibilities: Buyers are responsible for reviewing product details before making a purchase. It is the buyer’s responsibility to ensure that the product meets their expectations.

4. Payment and Fees

4.1 Payment Method: All transactions on LoolMarket are processed using cryptocurrency stable coins. By making a purchase, you agree to the use of stable coins as the payment method.

4.2 Transaction Fees: LoolMarket charges a 10% transaction fee on each sale. This fee is deducted from the payment made to the seller and is non-refundable.

5. Buyer Protection

5.1 Delivery Guarantee: We guarantee delivery within the specified timeframe. If your order does not arrive within the expected delivery window (including up to 30 days for extended delivery), you are entitled to a full refund.

5.2 Contact Seller: For any issues or inquiries regarding your order, you can contact the seller directly through their shop page. This ensures that your concerns are addressed promptly.

5.3 Secure Transactions: All payments are processed through our encrypted payment gateway, ensuring that your personal and financial information remains protected.

6. Returns and Refunds

6.1 Return Policy: Each seller on LoolMarket may have their own return policy. Please review the seller’s return policy before making a purchase.

6.2 Refunds: Refunds will be processed according to the seller’s return policy. If you encounter any issues with obtaining a refund, please contact our support team for assistance.

7. Intellectual Property

7.1 Ownership: All content on LoolMarket, including text, graphics, logos, and images, is the property of LoolMarket or its licensors and is protected by copyright and other intellectual property laws.

7.2 Usage: You may not use, reproduce, or distribute any content from LoolMarket without prior written permission from us.

8. Limitation of Liability

8.1 No Warranty: LoolMarket provides the platform “as is” and does not warrant that it will be error-free or uninterrupted. We are not liable for any damages arising from the use of or inability to use the platform.

8.2 Indemnification: You agree to indemnify and hold harmless LoolMarket, its affiliates, and their respective officers, directors, employees, and agents from any claims, liabilities, damages, losses, or expenses arising out of your use of the platform.

9. Contact Us

If you have any questions or concerns about these Terms and Conditions, please contact us at:

  • Email: support@lool.market
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