Defi Solutions Inc.
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Terms of Service

Please read these terms carefully before using our platform.

Effective Date: June 25, 2025  |  Company: Defi Solutions Inc.  |  MSB No: C10001285

These Terms of Service govern your access to and use of the platform and services provided by DEFI SOLUTIONS INC., a corporation registered in Canada and operating as a registered Money Services Business (MSB No: C10001285) under FINTRAC. By creating an account or using our services, you agree to be bound by these Terms.

1. Eligibility

To use Defi Solutions services, you must:

  • Be at least 18 years of age
  • Be a resident of Canada
  • Have the legal capacity to enter into a binding agreement
  • Not be prohibited from using our services under applicable Canadian law
  • Successfully complete our KYC identity verification process

2. Account Registration and KYC

To access our exchange services, you must create an account and complete identity verification through our KYC provider. You agree to provide accurate, current, and complete information during registration. As part of our KYC/AML obligations under PCMLTFA, we may require government-issued photo identification, proof of address, source of funds documentation, and any additional information required by FINTRAC regulations.

3. Services

Defi Solutions provides a virtual currency exchange platform allowing verified Canadian users to buy, sell, and exchange the following supported assets:

  • Canadian Dollar (CAD)
  • Tether (USDT)
  • USD Coin (USDC)

We reserve the right to add or remove supported currencies at any time with reasonable notice.

4. Fees

  • Transaction Fee: 8% per transaction

All fees are displayed prior to transaction confirmation. Fees are subject to change with 30 days written notice.

5. Transaction Limits

  • Daily Transaction Limit: $5,000 CAD per day
  • Monthly Transaction Limit: $25,000 CAD per month
  • Minimum Transaction Amount: $9,999 CAD

Transactions exceeding $10,000 CAD are subject to Large Transaction Reporting as required by FINTRAC.

6. Deposits and Withdrawals

Defi Solutions supports the following methods:

  • Interac e-Transfer (linked to our BMO business account)
  • Wire Transfer (linked to our TD business account)

All deposits and withdrawals must originate from and return to a Canadian bank account held in your name. Third-party deposits and withdrawals are strictly prohibited.

7. AML/CTF Compliance

Defi Solutions is committed to full compliance with Canada's AML and CTF regulations under PCMLTFA. We are required by law to verify user identities, monitor transactions, report suspicious activity to FINTRAC, report large cash transactions over $10,000 CAD, and maintain records for a minimum of five (5) years.

8. Prohibited Activities

  • Money laundering, terrorist financing, or any illegal activity
  • Fraud, misrepresentation, or impersonation
  • Any activity that violates applicable Canadian law
  • Circumventing our KYC/AML procedures
  • Using another person's account or identity
  • Disrupting or interfering with our platform

9. Account Suspension and Termination

We reserve the right to suspend or terminate your account at any time if we believe you have violated these Terms, engaged in suspicious activity, or if required by applicable law. Upon termination, funds will be returned to your verified bank account subject to legal holds.

10. Risk Disclosure

Virtual currencies are highly volatile and speculative assets. You may lose some or all of the value of your assets. Defi Solutions does not provide investment, financial, legal, or tax advice.

11. Limitation of Liability

To the maximum extent permitted by Canadian law, Defi Solutions shall not be liable for any indirect, incidental, or consequential damages. Our total liability shall not exceed the total fees paid by you in the three (3) months preceding the event giving rise to the claim.

12. Privacy

Your use of our services is governed by our Privacy Policy, incorporated into these Terms by reference.

13. Governing Law and Dispute Resolution

These Terms shall be governed by the laws of the Province of Ontario and the federal laws of Canada. Disputes shall be resolved through good faith negotiation, and if unresolved, through binding arbitration in Toronto, Ontario.

14. Changes to These Terms

We reserve the right to modify these Terms at any time with at least 30 days notice via email or platform notice.

15. Contact Information

  • Email: support@defisolutions.ca
  • Phone: (403) 815-9090
  • Address: 205 Placer Ct, Unit 301, North York, ON, M2H 0A9
  • Business Hours: Monday to Friday, 9am – 5pm EST

DEFI SOLUTIONS INC.  |  MSB Registration No: C10001285  |  Registered with FINTRAC  |  defisolutions.io

Defi Solutions Inc.

A FINTRAC-registered Canadian cryptocurrency exchange providing secure, compliant digital asset services.

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Registered with FINTRAC | MSB No: C10001285