Terms of Service
Understand the rules and responsibilities when using Terraloop
Introduction
Terraloop is a circular commerce platform that allows users to convert recyclable waste into digital value (“XCoin”), which can be used to redeem products or withdraw as real currency.
By using Terraloop, you agree to these Terms.
User Account
- Users must provide accurate information when creating an account.
- Users are responsible for maintaining account security.
- Terraloop may suspend accounts involved in suspicious or abusive activity.
Recycling Submission
- Users may submit recyclable materials through pickup or drop-off.
- Materials must match declared type, be properly sorted, and meet quality standards.
- Terraloop reserves the right to verify, adjust, or reject submissions.
XCoin System
XCoin is a digital reward used within Terraloop.
It is not official currency and does not represent ownership in the company.
XCoin can be used to redeem products or withdraw through supported methods.
Withdrawal
Users may withdraw XCoin into real currency.
No withdrawal fee is charged.
Processing time may vary and all requests are subject to verification.
Terraloop may delay or reject withdrawals in case of fraud or suspicious activity.
Marketplace
- Products are subject to availability.
- All redemption transactions are final.
- Terraloop may update product listings at any time.
Prohibited Use
Users may not submit false data or exploit the system.
Violations may result in account suspension or loss of XCoin.
Limitation of Liability
Terraloop is not responsible for indirect losses or service delays.
Changes
Terraloop may update these Terms at any time.