PLEASE READ THESE TERMS CAREFULLY BEFORE USING OUR APP
LAST UPDATED AT: 6 Jan 2022
The App is offered to you by Proptee Europe UAB, a private limited
company registered in Lithuania under company number 305956279, with
its registered office at J. Savickio g. 4-7, LT-01108 Vilnius,
Lithuania. Proptee Europe UAB is a Virtual Currency Exchange and
Wallet Operator authorised by the Financial Crime Investigation
In these Terms, “you”, “your” and “yours” refer to a user and
Proptee Europe UAB is referred to as “we”, “us” and “our”. If we
refer to our “Site” we mean our website from which you can download
our App, accessible via the URL
These Terms form a legally binding agreement between you and us. If
you are acting in your capacity as a representative of a company,
you warrant that you are authorized to enter into this Agreement on
behalf of your company and to bind your company.
When you download our App, you express your acknowledgement and
acceptance of our Terms by agreeing to our Terms during the
installing process. If you do not agree to any of the provisions of
these Terms, please do not use our App. You can always refer back to
the most recent version of these Terms by visiting our Site, on
which we always display the most up-to-date version of these Terms,
or by checking the most recent version in the App.
Policy sets out what personal data we collect from you, how we use
it and which rights you have in relation to your personal data. It
is important to understand our practices in relation to your
We may amend our Terms from time to time, for example to improve
user functionality, add new features or to reflect changes in the
law. Therefore, please make sure you check the Terms regularly so
that you are aware of any variations made. You can always find the
most recent version of our Terms at
If the changes we make to our Terms materially affect your rights or
obligations, we will notify you of such changes in our App or on our
Site. Such changes will come into effect 30 days after the
notification date. Should you not agree to the changes, you should
not continue to use our App. Your continued use of our App after a
variation has come into effect, is deemed your acceptance of our
revised Terms and you will be bound by the revised Terms.
We may transfer our rights and obligations under these Terms to a
third party, for example as part of a sale of all or part of our
assets. We will try to give you reasonable notice of such transfer
via our Site and we will ensure that such transfer will not
prejudice your rights and obligations under these Terms.
You may not transfer your rights and obligations under these Terms
under any circumstances without our prior consent. Any such transfer
shall be deemed null and void.
For the limited purpose of downloading, accessing and using our App
for your personal use, you are granted a royalty-free,
non-exclusive, non-transferable, non-sublicenceable and revocable
license. This license is subject to your adherence to these Terms
and any other terms and policies incorporated in it by reference.
You also have the right to download and install any updates and
upgrades of our App.
You must not copy, decompile, reverse engineer, disassemble, attempt
to derive the source code of, modify or create derivate works of our
You must not sell, resell, lend, rent, lease or redistribute our
Any commercial use and any other use not in accordance with our
Terms, is strictly prohibited at all times.
There is no restriction to the amount of downloads and uses of our
App, so you can download as many copies as you want for as many
different operating systems as you like.
You agree not to misuse our App or help anyone else to do so by
knowingly introducing viruses, trojans, worms, logic bombs or other
material that is malicious or technologically harmful. You must not
attempt to gain unauthorised access to our App, the servers on which
our App is stored or any server, computer or database connected to
our App. You must not test the vulnerability of our App or breach or
otherwise circumvent any security or authentication measures put in
place. By breaching this paragraph, you would commit a criminal
offence. We will report any such breach to the relevant law
enforcement authorities and we will co-operate with those
authorities, including by disclosing your identity to them.
We are the owner or the licensee of all intellectual property rights
in and attached to our App. This includes, but is not limited to,
copyright in and attached to texts, graphics, designs, logos,
photos, videos, graphic user interface, and software. Those works
are protected by copyright and similar laws and treaties around the
world. All such rights are reserved by us. We assert our right to be
identified as the author.
Our status and that of any identified contributors as the owners of
our App and Site must always be acknowledged. Any indications of
ownership must not be removed or otherwise obscured.
You are granted the right to publish a hyperlink to our Site but you
should refrain from redistributing our App via or otherwise enable
users to download our App from another website, unless you have
obtained our prior written permission.
We provide our App on an ‘as is’ basis, without warranties of any
kind, whether express or implied. The use of our App is at your own
We do not assume liability for any errors, omissions and
inaccuracies in the App, the underlying software, and in any content
and information available through the App. We do not warrant that
our App will meet your requirements or that it is fully compatible
with the operating system you use.
We do not guarantee that our App will at all times be available or
be uninterrupted. We may suspend or withdraw or restrict the
availability of all or any part of our App for business and
operational reasons. For example, we may need to make changes to
reflect our users’ needs and our business priorities. We will try to
give you reasonable prior notice of any suspension or withdrawal,
unless extenuating circumstances prevent us from doing so.
We do not guarantee that our App will always be secure and free from
bugs or viruses. You should use your own virus protection software
at all times.
You are solely responsible for configuring your information
technology, computer programmes and computer settings to access our
App in the best and safest possible way.
Insofar as permitted by applicable law, we do not assume liability
for any losses or damages — including for loss of data, loss of
profits, loss of business opportunities, loss of goodwill, damages
for personal or bodily injury or emotional distress — arising out of
or resulting from the use of (or inability to use) our App, the
conduct or content of other users or third parties using our App, or
otherwise in connection with these Terms. You are solely liable for
your use of our App.
It does not matter whether such claims are based on warranties,
contract or tort, and whether we are informed of the possibility of
such damages before they are incurred.
Notwithstanding the above limitations of our liability, in any event
our aggregate liability shall not exceed the amount of EUR 50 per
We do not exclude or limit in any way our liability to you where it
would be unlawful to do so. This includes liability for death or
personal injury caused by our negligence or the negligence of our
employees and for fraud or fraudulent misrepresentation.
You agree to indemnify, keep indemnified and hold us and our
officers, directors, employees and agents, harmless from and against
any claims, liabilities, damages (direct, indirect and consequential
damages), losses and expenses (including reasonable legal fees),
arising out of or in connection with (a) your breach of these Terms;
(b) your improper use of our App; (c) your communication and
interaction with other users, and; (d) your breach of any laws,
regulations or third-party rights.
We have the right to immediately terminate this Agreement without
prior notice and at our sole discretion if you breach any provision
of these Terms, any terms incorporated in them by reference, or any
other laws or regulations applicable to you. If this Agreement is
terminated, you have to stop using our App immediately and delete
all copies of our App from your computer promptly. Our right to
terminate this Agreement in such an event is cumulative to and does
not affect our other rights and remedies.
This Agreement forms the entire understanding between you and us in
regards to the subject matter of this Agreement and supersedes any
former understandings, documents or agreements.
Our failure to enforce any right or provision of these Terms will
not be considered a waiver of those rights. Should any provision of
these Terms be held invalid or unenforceable for any reason or to
any extent in any jurisdiction, such invalidity or unenforceability
shall not in any manner affect or render invalid or unenforceable
the remaining provisions, and the application of that provision
shall be enforced to the fullest extent permitted by law.
These Terms, their formation and interpretation are construed in
accordance with and governed by Lithuanian law.
You may bring proceedings in either Lithuania, as our country of
establishment, or, if you reside in the European Economic Area, in
your own country of domicile.