Introduction
Thank you for choosing MYKOBO.
MYKOBO is brought to you by UAB MYKOBO, legal entity code 306011145, registered office address Girulių st. 20, Vilnius, Lithuania hereinafter referred to as "the Company".
MYKOBO is a platform managed by the Company and through which the Company operates as a Custodian Virtual Currency Wallet Operator and a Virtual Currency Exchange Operator supervised by the FCIS.
MYKOBO is accessible at https://www.mykobo.co/ and mykobo.co subdomains as well as identical domains in other countries or the MYKOBO mobile application available in the Apple App Store and the Google Play store.
The following terms and conditions of use hereinafter referred to as the "Terms of Service” apply to all users of MYKOBO.
You should read these Terms of Service to determine which provisions apply to you. These Terms of Service should be read in conjunction with the Privacy Policy.
By using any of the services, functions, or features offered on MYKOBO (collectively or individually, the “Services”), the user (referred to herein as “you” or “your”) agrees to these Terms of Service, you and the Company being a "Party" and collectively, the "Parties".
These Terms of Service constitute the entire agreement and understanding with respect to the use of any or all of the Services, and any manner of accessing them, between you and the Company.
In particular, please note that all transactions involving MYKOBO may be subject to transaction fees levied by MYKOBO.
In the event of any inconsistency between these Terms of Service and any other pages, policies, terms, conditions, licenses, limitations, or obligations contained within MYKOBO, these Terms of Service shall prevail.
By using any of the Services, you acknowledge that you have read, understand, and completely agree to these Terms of Use, as updated and amended from time to time. If you do not agree to be bound by these Terms of Service or with any subsequent amendments, changes, or updates, you may not use any of the Services, and if you do use any of the Services you will be bound by the Terms of Service, as amended; your only recourse in the case of your unwillingness to be bound by these Terms of Service is to stop using all of the Services.
These Terms of Service may be amended, changed, or updated by MYKOBO at any time and without prior notice to you. Your non-termination or continued use of any Services after the effective date of any amendments, changes, or updates constitutes your acceptance of these Terms of Service, as modified by such amendments, changes, or updates.
The use of MYKOBO and any Services is void where such use is prohibited by, would constitute a violation of, or would be subject to penalties under applicable Laws, and shall not be the basis for the assertion or recognition of any interest, right, remedy, power, or privilege.
These Terms of Service has been prepared in accordance with:
  • Law on the Prevention of Money Laundering and Terrorist Financing of the Republic of Lithuania (as subsequently amended and supplemented);
  • Order of the Director of the FCIS of 10 January 2020 No. V-5 on the Approval of the Instructions to Custodian Virtual Currency Wallet Operators and Virtual Currency Exchange Operators Aimed at Preventing Money Laundering and/or Terrorist Financing;
  • Order of the Director of the FCIS of 30 November 2016 No. V-314 on the Approval of the Technical Requirements for the Customer Identification Process for Remote Identification by Electronic Means Allowing Live Video Transmission (as subsequently amended and supplemented);
  • other legislation related to the prevention of Money Laundering and Terrorist Financing.
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