OTC Redemption Agreement

Party A：                                  Identity Number：

Party B：                                  Identity Number：  

Agreement details：

Party A has passed the KYC of Party B and promised that all the information submitted to Party B is true and valid. All funds utilized by Party A to be used in the exchange are legal.

Both parties are aware of the uncertainty and risk of the digital currency market, the relevant laws, and decide that Party A will be responsible for all market and legal risks.

The exchange parties reach an agreement on the exchange of [BTC, USDT...] based on equality, voluntariness, fairness, and good faith.：

Article 1: Redemption of the underlying assets, quantity, and price

All Consideration：

Article 2: Transaction Process and Requirements

1. Party A shall transfer all the RMB [] yuan to Party B's account before [], and Party B shall [xx USDT, xxx BTC... ] The following wallet address transferred to Party A:

2. The name as stated on the bank card and bank card information transferred by Party A must be consistent with the information provided during KYC certification. If there are discrepancies, the exchange will be invalid. Party A’s successful transfer will not be refunded, and Party B is not obliged to transfer the digital currency to Party A.。
3. In the process of redeeming the digital currency, Party A shall provide a successful flow of the remittance, and the price of the remittance of the B-party will be locked (the price of XXX on the xxx website at that time).
4. If there is a large non-working day transfer, you need to wait for the work sunset account to lock the price.
5. If Party A cancels more than two orders per day, he/she will be prohibited from exchanging digital currencies for the rest of the day.
6. Party A needs to complete or cancel the order to proceed to the next transaction.
7. The working time of Party B’s OTC facilitator is：

Beijing time:

Dubai time:

Party B shall not be responsible for any redemption activities that exceed the working hours, and Party A shall bear the corresponding losses.

Article 3: Liability for breach of contract

If either party to the exchanger delays the performance of its obligations beyond []. The contract shall be declared invalid, and Party B shall immediately return all the money received to Party A.

Article 4: The solution to the contract dispute

The disputes arising under this contract shall be settled by negotiation between the parties. If the negotiation fails, it shall be submitted to the local court of the defendant for prosecution.

Article 5: Other agreed matters

After the two parties have fulfilled their respective obligations, the contract is terminated. Party A shall not request Party B to refund for any reason, and Party B shall not request Party A to return the digital currency received for any reason.

Buyer:                         Buyer:

Date:                           Date: