VIRTUAL CURRENCY LISTING AND DELISTING POLICY

Definitions:
The meaning of terms used in this Policy:

  • Bitcoin Store – the brand name of the company Digital Assets d.o.o.
  • Bitcoin Store platform (hereinafter: the Platform) – a collective term referring to the website https://www.bitstore.net and the Bitcoin Store Wallet mobile application.
  • Company – refers to Digital Assets d.o.o.
  • Client – a natural or legal person conducting an occasional transaction or maintaining a business relationship with the Company.
  • Virtual currency listing and delisting policy (hereinafter: the Policy) – refers to this Policy adopted by the Company.
  • Business relationship – any business, professional, or commercial relationship connected to the Company's professional activities, which, at the time of establishment, is expected to have a lasting nature, including the opening of an account with the Company.
  • Store Finance (hereinafter: SEF) – the native utility token of the Platform.
  • Virtual assets – a digital representation of value or rights that can be digitally traded, transferred, and used for payment or investment purposes.
  • Virtual currencies – a type of virtual asset based on cryptography and blockchain technology. Issued in digital form, they can be used for trading, investing in companies and their products, as a means of payment, or as a form of savings.
  • General terms and conditions of Digital Assets d.o.o. (hereinafter: the Terms) – refers to the General terms and conditions published on the Company’s website, which set forth the terms under which the Company provides its services.

Introduction

This Policy outlines the rules and procedures for listing and delisting virtual currencies on the Platform. The objective is to ensure a reliable and secure trading environment, whereby each virtual currency must undergo a thorough assessment and meet specific criteria before being listed on the Platform. The Company will only list virtual currencies created and operate in compliance with applicable regulatory requirements, ensuring its clients can access trustworthy digital assets. If a virtual currency fails to meet these requirements, the Company will take appropriate measures to maintain the Platform’s compliance with the highest standards.

Listing criteria

The Company applies a clearly defined approach when assessing virtual currencies for inclusion on the trading list. Before listing, each virtual currency is subject to a comprehensive evaluation to ensure high quality and security standards.  The criteria considered during the listing decision process include, but are not limited to, the following:

  • Virtual currency complies with relevant regulatory requirements - compliance with applicable laws and regulations is mandatory, reducing legal and business risk for the Company's clients and the Platform.
  • Presence on established and liquid markets – The virtual currency should be listed on well-established markets with high trading volumes.
  • Verification by recognized market participants – The Company ensures that the virtual currency has confirmation of legitimacy and security from relevant experts and institutions.
  • Reputable development team and strong community support – A professional and active development team, along with a supportive and engaged community, is considered essential for the long-term viability of the virtual currency.

Listing Procedure

  • The Company's employees continuously monitor the market in search of new virtual currencies that meet the Company's criteria.
  • Virtual currency that aligns with the Company's standards undergoes an internal evaluation before listing.
  • Upon approval, the listing is announced to clients and the virtual currency is integrated into the Platform.

Delisting criteria

A virtual currency may be removed from the Platform under the following circumstances:

  • A significant decline in liquidity or trading volume that hinders effective market activity,
  • identification of legal or regulatory issues that could impact the Company's compliance obligations,
  • security vulnerabilities or risks associated with the project that could endanger clients,
  • project abandonment by the development team or evidence of fraudulent activity,
  • delisting of the virtual currency by major liquidity providers and standard industry marketplaces.

Delisting procedure

A prescribed procedure is followed when a virtual currency is delisted from the trading list to ensure transparency and protect client interests.  
Clients will be notified at least three days before the delisting, providing them with sufficient time to sell or transfer the virtual currency. Upon expiration of this period, it shall be deemed that the client has provided explicit and irrevocable consent for the virtual currency to be automatically converted into SEF.

Amendments to the policy

The Company reserves the right to amend any part of this Policy and shall not be held liable for any consequences arising from such amendments. This Policy, including any updates and amendments, shall be considered as accepted by the client upon acceptance of the Terms. This Policy constitutes an integral part of the Terms, and by accepting the Terms, the client also agrees with this Policy. The client is responsible for reviewing the Terms and associated policies when accessing Platform. The Terms and associated policies, including any changes, will take effect upon their publication on the Platform.