1. Payment Requirement:
1.1 To request a withdrawal from lmao, you are required to make a payment from your own funds.
1.2 The payment must not be funded from any profits or funds generated within the trading Account at lmao.
1.3 The payment amount is subject to the applicable fee as outlined in Section 2 below.
2. Withdrawal Fee:
2.1 A withdrawal fee will be applicable to all Account holders at lmao.
2.2 For traders who have engaged in cryptocurrency trading, a withdrawal fee of 23% of the requested withdrawal amount will be charged.
2.3 For traders who have not participated in cryptocurrency trading previously, a withdrawal fee of 9% of the requested withdrawal amount will be charged.
2.4 The withdrawal fee will be deducted from the payment made by the Client, as defined in Section 1.
3. Payment Process:
3.1 The Client should initiate the payment through a secure and authorized payment method as specified by the Company.
3.2 The payment should be made in the currency specified by the Company and equivalent to the withdrawal amount requested by the Client.
3.3 The Client is solely responsible for any transaction fees or charges associated with the payment.
4. Withdrawal Approval:
4.1 Once the Client has made the required payment, lmao will review the request and the payment transaction.
4.2 The withdrawal approval process may take up to 7 business days from the date of payment.
4.3 The Company reserves the right to decline or delay a withdrawal request if any suspicious activity is detected, or if additional verification is required.
5. Limitations and Restrictions:
5.1 The withdrawal policy is subject to any applicable laws, regulations, and policies.
5.2 The Company reserves the right to modify or amend the withdrawal policy at any time without prior notice.
5.3 The Company is not responsible for any loss or damage incurred as a result of the payment or withdrawal process.
By initiating a withdrawal request, you acknowledge that you have read, understood, and accepted the terms and conditions outlined in this Agreement.
Payments and Fines
1. Payment Obligations:
1.1 The client acknowledges and agrees that all payments, fees, fines, withdrawals, and any other sort of payments (hereinafter referred to as “Payments”) to be made to the investment company shall be made in a timely manner as specified in the relevant agreements, invoices, or notifications provided by the company.
1.2 The client understands that any delay in making the Payments from the moment he/she is notified until the actual payment is received by the company may result in additional charges and fees.
2. Extra Payments:
2.1 The client acknowledges and agrees that any delay in making the Payments may incur extra costs due to rate changes, price changes, and other market changes that may occur in the financial market. These changes can affect the calculation of the total amount to be paid, including but not limited to fees, fines, withdrawals, and any other applicable payments.
2.2 The investment company reserves the right to determine and calculate the additional amount to be paid in case of a delay, considering all relevant factors and market conditions impacting the payment.
3. Calculation of Additional Payments:
3.1 The investment company shall make the calculation of any additional payment resulting from a delay in accordance with its internal policies and applicable laws and regulations.
3.2 The client understands and agrees that the company’s calculation of any additional payment shall be final and binding upon the client.
3.3 The company may consider factors such as fluctuation in market rates and prices, interest rates, administrative costs, and any other relevant variables in determining the additional payment.
4. Client’s Responsibility:
4.1 The client is solely responsible for ensuring that the Payments are made promptly an
