Sky Exchange: Your Guide to Our Terms and Conditions for a Fair Experience

Welcome to Sky Exchange!
 When you access, register, or utilize any of the services provided on the Sky Exchange website (skyeexchange.org.in), you are entering into a legal agreement with us.
 These Terms and Conditions (referred to as “Terms”) are designed to clearly outline the rules, rights, and obligations for both you and Sky Exchange, ensuring a transparent and secure environment for all our users.

We strongly encourage you to read these Terms and Conditions carefully and in their entirety before engaging with our services.
 Your continued use of this site signifies that you have read, understood, and agreed to be bound by these Terms, our Privacy Policy, Responsible Gaming Policy, and all other policies contained herein.
 If you do not agree with these Terms, please do not use our services.

These Terms and Conditions cover crucial aspects such as account creation, betting conditions, financial transactions, intellectual property, responsible gaming, and dispute resolution, all aimed at fostering a fair and enjoyable experience.

1. Acceptance of Terms & Amendments

1.1 Your Agreement with Sky Exchange

Our services are intended for individuals who are at least 18 years of age (or the age of majority in your jurisdiction, whichever is older).
 By using Sky Exchange, you confirm that you meet this age requirement and possess the legal capacity to enter into this agreement.
 You also assure us that you are not accessing our services from a restricted jurisdiction where online gambling is prohibited.

1.2 Changes to Our Terms and Conditions

Sky Exchange reserves the right to modify, amend, or update these Terms and Conditions at any time.
 In the event of significant changes, we will notify you by posting the updated Terms on our website and, where necessary, through email or other communication channels.
 Your continued access to our services after such changes constitutes your agreement to the new version.
 We advise you to review these Terms periodically to stay informed of any updates.

1.3 Language of the Terms

These Terms and Conditions are originally written in English.
 Any discrepancy or inconsistency between the English version and any translated version shall be resolved in favor of the English version, which will prevail.

2. Your Sky Exchange Account

2.1 Creating and Maintaining Your Account

    • Single Account Policy: To ensure fairness and security, each user is permitted to create and operate only one account with Sky Exchange.
       Maintaining multiple accounts is strictly forbidden and may lead to the closure of all associated accounts, confiscation of winnings, and retention of funds.
    • Accurate Information: When registering, you must provide accurate, complete, and up-to-date information. It is your responsibility to keep your details current. Providing false or misleading information is a violation of these Terms.
    • Age and Identity Verification (KYC): In compliance with legal and regulatory requirements, we are obligated to verify your age and identity. You agree to submit any requested documents (e.g., government-issued ID, proof of address) as part of our Know Your Customer (KYC) process. Failure to complete KYC verification may result in account suspension or termination and delays in withdrawals.
    • Jurisdictional Responsibility: By registering, you affirm that you are not a resident of, or accessing our services from, any jurisdiction where online gambling is illegal or restricted.

2.2 Account Security

    • Confidentiality: The security of your Sky Exchange account username and password is your sole responsibility. You must not share your account information with any third party.
    • Unauthorized Use: You are required to notify Sky Exchange immediately if you suspect any unauthorized use of your account or any other security breach. Sky Exchange will not be liable for any loss or damage resulting from your failure to keep your login details secure.
    • Accountability: You are fully responsible for all activities that occur under your account, including those you may not have authorized.

2.3 Suspension and Termination of Accounts

Sky Exchange reserves the right, at its sole discretion, to withhold funds, suspend, restrict, or terminate your account, including concluding any outstanding transactions, under certain circumstances:

    • If you fail to fulfill any obligations related to a closed account or if we believe it is legally necessary.
    • If we determine that funds have been misappropriated.
    • If we determine that any payment you received was improperly obtained.
    • If you violate any of these Terms and Conditions or any other Sky Exchange policy.
    • If we suspect fraudulent, collusive, or illegal activity associated with your account.
    • If your age is determined to be underage.
    • If we are legally or regulatory obliged to do so.
    • If there is any jeopardy to the integrity of our services.

If you engage in abusive or offensive behavior towards our staff or other players.

3. Deposits, Withdrawals, and Financial Transactions

3.1 Deposits

    • Payment Methods: You can deposit funds into your Sky Exchange account using various approved payment methods. You must only use payment methods for which you are the identified owner.
    • Verification: For security and to comply with AML regulations, we may require additional verification for deposits, especially for larger amounts.
    • Limits: Minimum and maximum deposit limits are clearly indicated on our website.
    • No Interest: Funds held in your Sky Exchange account do not accrue interest.

3.2 Withdrawals

    • Verification Process: All withdrawal requests undergo an internal verification process, including KYC checks. Withdrawals may be delayed until all verification requirements are met.
    • Payment Method: Withdrawals will typically be processed back to the original deposit method where applicable. Otherwise, an alternative verified option will be used.
    • Limits: Minimum and maximum withdrawal limits are displayed on our website.
    • Fees: Sky Exchange may charge fees for certain withdrawal types, which will be transparently presented on our site.
    • Wagering Requirements (Bonuses): If you accept a bonus, you must fulfill the associated wagering requirements before you can withdraw any corresponding winnings. Attempting to circumvent these requirements may result in the forfeiture of the bonus and any profits gained.

3.3 Currencies

Payments on Sky Exchange are primarily processed in Indian Rupees (INR) or other currencies as explicitly stated on our site.
 You are responsible for any currency exchange charges or fluctuations.

3.4 Errors

Should an error occur in crediting or debiting funds to your account, you must inform Sky Exchange immediately.
 Any funds mistakenly credited to your account must be returned to Sky Exchange.
 If you withdraw funds that were erroneously credited, you are obligated to repay Sky Exchange upon request.

4. Betting & Game Rules

4.1 General Betting Rules

    • Bet Acceptance: A bet is not considered accepted until confirmed by Sky Exchange and visible in your betting history.
    • Void Bets: Sky Exchange reserves the right to void any bet at its sole discretion due to obvious errors, technological faults, fraud, or violations of these Terms and Conditions.
    • Maximum Payouts: There are maximum payout limits applicable to each bet and game, which are detailed on our website.
    • Results & Settlement: Bets are settled based on the results provided by the relevant game provider or sporting body.
    • Betting Limits: Sky Exchange sets minimum and maximum betting limits, which may vary depending on the sport, event, or game.

4.2 Sports Betting Rules

Specific regulations apply to each sport and bet type (e.g., Cricket, Football, Tennis).
 These rules can be found in the Sports Rules section or Help section of our website.
 It is essential to familiarize yourself with these rules before placing a bet.

4.3 Casino and Live Casino Games

    • Game Rules: Each casino game has specific rules and payout details (RTP) available within the game itself. Please review these rules before playing.
    • Malfunctions: In the event of a game malfunction, all bets may be voided, and stakes returned.
    • Fairness: Our casino games utilize certified Random Number Generators (RNG) to ensure fairness and random outcomes. Games like Aviator and others operate under Provably Fair technology.

4.4 Prohibited Betting Practices

Any breach of these betting regulations, including but not limited to:

    • Collusion & Syndicates
    • Arbitrage Betting
    • Bonus Abuse
    • Use of Software/AI

Can lead to the voiding of bets, retention of winnings, and permanent suspension or termination of your account.

5. Responsible Gaming

Sky Exchange is committed to promoting responsible gaming and provides support to help you maintain control over your gambling activities.
 We offer various responsible gaming tools to assist you:

    • Deposit Limits: Set daily, weekly, and monthly limits on your deposits.
    • Loss Limits: Establish limits on how much you can lose within a specified period.
    • Time-Based Session Limits: Control the duration of your gaming sessions.
    • Self-Exclusion: Implement temporary or permanent self-bans from our services.

We encourage you to regularly assess your gaming behavior.
 If you feel your gambling is becoming problematic, please seek assistance.

Underage Gambling: Gambling by individuals under the legal age is strictly prohibited.
 We employ robust age verification systems to prevent underage access.

More detailed information can be found in our dedicated Responsible Gaming Policy.

6. Intellectual Property

6.1 Ownership

All content and materials on the Sky Exchange platform, including text, graphics, logos, images, audio, video, software, and underlying code, are the intellectual property of Sky Exchange or its licensors.
 These materials are protected by copyright, trademark, and other intellectual property laws.

6.2 Limited License

You are granted a limited, non-exclusive, and non-transferable license to use our services strictly within the confines of these Terms and Conditions.
 This license is for personal, non-commercial, and entertainment purposes only.
 You may not copy, reproduce, distribute, transmit, display, sell, license, or otherwise exploit any content, in whole or in part, without our prior written consent.

7. Limitation of Liability

Sky Exchange, its affiliates, directors, officers, employees, and agents will not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, or goodwill, arising from your use of or inability to use our services, even if advised of the possibility of such damages.
 Our total liability to you for any claims arising from these Terms and Conditions or your use of our services will not exceed the amount you have wagered or deposited with us in the preceding six months, whichever is less.

8. Indemnification

You agree to indemnify, defend, and hold harmless Sky Exchange, its affiliates, directors, officers, employees, and agents, past and present, and their successors and assigns, from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable legal fees) incurred arising out of, in connection with, or relating to:

    • Your violation of these Terms and Conditions.
    • Your breach of any applicable law or the rights of a third party.
    • Your use of our services or the content you provide or post on them.

 

9. Choice of Law & Disputes

9.1 Governing Law

These Terms and Conditions and any use of our services shall be governed by and interpreted in accordance with the laws of India, without regard to its conflict of laws principles.

9.2 Dispute Resolution

    • Informal Resolution: We encourage you to contact our customer support first to resolve any disputes informally.
    • Binding Arbitration: Any disputes that cannot be resolved informally may be subject to binding arbitration.
    • Class Action Waiver: You agree to waive any right to participate in a class action lawsuit or class-wide arbitration against Sky Exchange.

 

10. Miscellaneous

10.1 Severability

If any provision of these Terms and Conditions is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.

10.2 Entire Agreement

These Terms constitute the entire agreement between you and Sky Exchange regarding your use of our services, superseding all prior agreements and understandings.

10.3 Assignment

You may not assign or transfer your rights or obligations under these Terms without our prior written consent.
 Sky Exchange may assign or transfer its rights and obligations at its discretion.

10.4 Waivers

Our failure to enforce any provision of these Terms shall not be considered a waiver of that provision or any other provision.

10.5 Headings

The headings used in these Terms are for convenience only and do not affect their interpretation.

By continuing to use the services of Sky Exchange, you expressly consent to these detailed Terms and Conditions.
 Play safe and sure with Sky Exchange, where your agreement with us ensures a secure and enjoyable betting experience.