[Z2U]
Notice Regarding the Requirement for New Users to Reserve $50 for Their First Withdrawal
Dear Users:
To further optimize the platform's fund management process and improve service quality and security, after careful consideration, we are providing the following information regarding new users' first withdrawal:
I. Requirement for Reserved Funds for First Withdrawal
From the date of this notice, new users are required to reserve $50 for their first withdrawal. This reserved fund aims to ensure transaction stability, prevent transaction disputes and chargeback risks, maintain platform transaction order, and protect the legitimate rights and interests of all users.
II. Management and Use of Deposits
Nature of Funds: The reserved $50 will be part of your account assets. The platform will only monitor and manage it under specific circumstances and in accordance with relevant regulations, and it will not be used for other purposes.
Special Purpose: In the event of special circumstances during the transaction process, such as transaction disputes requiring fund mediation, or refund requests for other reasons stipulated in the platform rules, the platform will use these reserved funds according to the actual situation. However, under normal trading conditions, these reserved funds will remain in your account and will not affect your subsequent transactions or fund operations.
Return of Deposited Funds: If you complete a certain number of successful trades (the specific number will be detailed in the platform's rules) and do not use the reserved funds during the trading process, the platform will return the full amount of the $50 reserved funds to your available cash balance within one business day after the conditions are met. You can then freely withdraw or use these funds in other ways.
3. Impact on Users and Referrals
Impact on Financial Planning: This provision may affect your financial planning for your first withdrawal. Therefore, please plan your finances in advance before planning your first withdrawal to ensure that you have sufficient remaining funds to meet your actual needs after reserving $50.
Ensuring Transaction Security: We understand that this measure may cause you some inconvenience, but please understand that this is a necessary measure taken by the platform to create a safer, more stable, and fairer trading environment. Establishing a reserve fund can effectively reduce trading risks, protect your funds, and prevent unnecessary losses caused by various potential risks. If a new user fails to reserve the required $50 and withdraws the full amount on their first withdrawal, the system will automatically identify the account as a high-risk account suspected of fraudulent transactions and restrict its automatic transfer function.
4. Removing the Restriction
If your account's automatic transfer function has been restricted, you can remove the restriction and re-enable it by following these steps: Using the bank card you registered on our platform, transfer an amount equivalent to 20% of the total account balance to the account generated by our financial system. For example, if your account balance is $1,000, you need to transfer $200. After the transfer is completed and confirmed by the system, your funds and the transferred amount will be fully refunded to your original account within 10 minutes. Please note that throughout the entire process of removing the restriction, regardless of the account name, our platform will not charge any other fees besides the transferred amount. Please feel free to follow the steps above.
[Announcement Date] April 8, 2024