Terms of Use
Last updated: 2026-04-24
1. What this service is
7x24btc.com is a synthetic crypto exchange operating as the platform-as-counterparty. We accept BTC physical deposits via a self-hosted BTCPay Server and USD card / PayPal / Alipay payments via Stripe and PayPal. All trades on the 20 listed USD-quoted markets execute against the platform itself at the current Binance public mid price. Non-BTC, non-USD positions are platform IOUs settled in our internal ledger; to withdraw, the user must trade back to BTC or USD.
2. Accepted assets and rails
- BTC on Bitcoin mainnet, received via a self-hosted BTCPay Server.
- USD credited via Stripe (card / Alipay) or PayPal. Platform-internal balance — convert to BTC to withdraw to an external wallet.
- All non-BTC balances (USD and altcoins) are platform-internal. To leave the platform, convert to BTC and withdraw on-chain.
3. Fees
- Trading: 0.1% platform spread per fill (~0.2% round-trip), priced against the live Binance ticker.
- BTC deposit: 0% platform fee. Bitcoin miner fee only.
- USD deposit (Stripe / PayPal): platform takes nothing extra; third-party processor fees (typically 1.5%-4%) pass through at cost. Alipay charges in CNY at a fixed conversion rate.
- BTC: on-chain withdrawal after admin review. USD and altcoin withdrawals: handled offline by customer support — email live chat on Session (see /support).
- BTC withdrawal: 0% platform fee. You pay only the Bitcoin miner fee. Withdrawals are reviewed by an admin before broadcast.
4. Minimums
- Minimum BTC deposit: 0.0001 BTC. Minimum USD deposit (Stripe / PayPal): $10. Maximum USD per transaction: $5000.
- Minimum BTC withdrawal: 0.0001 BTC. The platform retains the right to delay or reject suspicious withdrawal requests.
- Fiat USD card: $10 minimum, $5000 maximum per deposit.
5. User responsibilities
- Keep your signup email and password secure. We do not offer 2FA reset by phone.
- Settlement: each order locks for 0-180 seconds, then fills at the Binance reference price. Cancellation is allowed only after the lock window if the order has not already filled.
- You are responsible for compliance with the laws of your own jurisdiction.
6. Risks
- Cryptocurrency markets are volatile. You can lose your entire deposit.
- Platform availability risk: we operate self-hosted infrastructure. Outages can affect trading and withdrawals.
- BTC custody relies on a self-hosted hot wallet.
- BTC custody risk: held on a hot wallet on self-hosted infrastructure. Withdraw to your own wallet to eliminate platform custody risk.
7. Prohibited use
- Sanctioned jurisdictions or individuals on global sanctions lists.
- Wash trading, market manipulation, or coordinated price abuse.
- Funds derived from criminal activity.
8. No warranty
Service is provided "as is" without warranty. Every order locks the source asset for 0–180 seconds (random) before settlement at the live Binance price; no cancellation is permitted during the lock window — only after the window expires AND the order is still locked may the user request cancellation. BTC withdrawals require admin approval. Non-BTC, non-USD balances are platform IOUs whose cash-out path is internal trade back to BTC or USD followed by physical withdrawal.