Nowory11 – Terms & Conditions

These Terms & Conditions govern your use of Nowory11,an installment-based crypto purchase feature provided by Nowory. By subscribing to Nowory11, you agree to these Terms.

1. How Nowory11 Works

Nowory11 allows eligible users to purchase supported crypto assets through a scheduled installment plan.

To start a Nowory11 subscription, the user must pay the Subscription Amount. Once the subscription is successfully activated, the applicable crypto asset is credited to the user's Nowory11 Subscription Wallet. The user must independently arrange and pay the Subscription Amount and the first 3 installments using funds available in their Nowory Wallet or through an eligible external deposit.

From Installment 5 through Installment 11, users may also sell their Nowory11-acquired crypto assets and use the INR received from the sale to pay the applicable installment.

2. Sell Crypto

Users may sell their Nowory11-acquired crypto assets through the available Quick Buy unctionality, subject to the applicable Nowory11 rules and restrictions.

The INR received from selling the eligible crypto assets may be used to pay upcoming Nowory11 installments from Installment 5 to Installment 11.

Important: Selling your crypto assets does not automatically cancel, reduce, or settle your remaining installment obligations. Users remain responsible for paying all scheduled installments until the Nowory11 plan is fully settled or otherwise terminated according to Nowory11 rules.

3. Installment Payments

The Subscription Amount must be paid by the user to activate the Nowory11 subscription.
The first 3 installments must be paid by the user using funds available in their Nowory Wallet or through an eligible external deposit.
Installment 4 must be paid using the user's own funds through the Nowory Wallet or an eligible external deposit, unless otherwise specified for the applicable plan.
From Installment 5 through Installment 11, users may pay the applicable installment using their available wallet balance or by selling their eligible Nowory11-acquired crypto assets and using the INR received from the sale.
The option to sell crypto assets for installment payment does not remove the user's obligation to pay the applicable installment in full.
Users remain responsible for ensuring that each installment is paid by its scheduled due date.
Selling crypto assets does not cancel or waive any remaining installment obligations.
Crypto assets and INR available within the Nowory11 Subscription Wallet remain subject to applicable Nowory11 restrictions and may not be transferable to the Main Wallet until the subscription is completed, unless otherwise permitted by Nowory.
Delayed or missed installment payments may result in applicable charges, restrictions, suspension of benefits, or other consequences as specified under Nowory11 rules.

4. Market Risk

Crypto prices can increase or decrease at any time. The value of your crypto may be lower than the amount paid or the remaining installment amount. Nowory does not guarantee profits, returns, or that selling the crypto will generate enough INR to cover future installments. Any shortfall remains the user's responsibility.

5. Fees & Taxes

Applicable trading fees, service charges, TDS, taxes, or other deductions may apply to transactions.

Users are responsible for reviewing applicable charges and maintaining sufficient funds for payments and deductions.

6. Loss Protection

Where available, Loss Protection may be offered as an optional feature for an additional fee.

Loss Protection applies only to eligible situations and does not eliminate market risk or guarantee profits. Coverage, limits, and exclusions are governed by the applicable Loss Protection policy.

7. User Responsibility

Users are responsible for:

Making all installments on time.
Maintaining sufficient funds in their Wallet.
Reviewing applicable fees, taxes, and transaction details.
Understanding the risks associated with crypto assets.
Complying with applicable laws and regulations.

8. Platform Rights

Nowory may modify, suspend, restrict, or discontinue Nowory11 features, fees, eligibility, or installment terms where permitted by applicable law. Any outstanding installments, fees, taxes, or other obligations remain payable after suspension or termination.

9. Risk & Liability

Crypto transactions involve market and technical risks. Nowory is not responsible for losses resulting from market movements, user trading decisions, insufficient funds, technical issues, regulatory requirements, or circumstances beyond its reasonable control.

10. Governing Law

These Terms are governed by the laws of India, and applicable disputes shall be subject to the jurisdiction of competent Indian courts.

11. User Acceptance

By subscribing to Nowory11, you confirm that you understand how the product works, including the upfront asset credit after the first installment, the ability to sell the asset through Quick Buy and your responsibility to pay all remaining installments.