1. Acceptance of Terms

By accessing the Bivex1 P2P Terminal, you agree to comply with all **FIU-IND** regulations and local Indian tax laws, including the 1% TDS on VDA transfers.

2. User Verification (KYC)

All traders in the Tamil Nadu cluster must complete Video KYC. Using fake IDs or "Mule" accounts will result in an immediate freeze of all escrowed assets.

3. The Escrow System

Bivex1 acts as a neutral third-party escrow. Once a trade is initiated, the seller's assets are locked. Assets are only released when the buyer provides proof of e₹ (Digital Rupee) or UPI transfer and the seller confirms receipt.

4. Dispute Resolution

The **Director’s Arbitration Desk** has the final authority to release or cancel trades based on the evidence provided in the trade chat. Decisions made by Bivex1 staff are final.