TERMS AND CONDITIONS

Please read these Terms and Conditions (the "Terms and Conditions") carefully before accessing and using the website www.bnka.com and/or the BNKA application. BNKA is not a financial institution, merchant, creditor, charity, adviser or broker of any kind.

1.Introduction

1.1. These Terms and Conditions apply to operations carried out by authorized users through the BNKA application and/or platform, which is owned by Block Digital UAB, a company incorporated under the laws of Lithuania, with its registered office at Kalvariju g . 125, Vilnius , Lithuania, licensed to operate under the regulations as a Virtual Asset Service Operator (VASP). BNKA has created the BNKA App and the BNKA web platform (together the “Platform”).

1.2. You can register an account ("BNKA Account", "Account") at bnka.com. After signing up, you'll be asked to choose your username, which becomes your Bnka link . Do not impersonate someone else, use trademarks that you do not own, or choose names that are offensive or violate local laws. If you do not comply with these rules, your account may be suspended.

1.3. Block Digital Services SA is a Payment Service Provider registered with the Central Bank of the Argentine Republic. As such, it is limited to offering payment services and is not authorized to operate as a financial institution. The funds deposited in the payment account do not constitute deposits in a financial institution, nor do they have any of the guarantees that such deposits may enjoy in accordance with the applicable legislation and regulations regarding deposits from financial institutions.

1.4. Block Digital Services SA has associated with Block Digital UAB, to facilitate the exploitation of the use of those specific services as virtual asset service provider (VASP). The operations carried out with the user's digital assets are not managed or controlled by Block Digital Services SA. Its administration corresponds to Block Digital UAB., owner and administrator of the Platform. All the terms and conditions specified by the platform also apply to these T&C.

1. 5.Block Digital UAB offers the purchase and sale of certain crypto assets through the mobile application and/ or the BNKA platform in accordance with the general terms and conditions of our site. To access the purchase of Crypto for the first and only time, an account must be generated in BNKA. Crypto investments matter risks. For more information, consult the T&C and/or the frequently asked questions available on the website or app . Block Digital Services SA does not offer the service of buying and selling Crypto. Block Digital Services SA is a Payment Service Provider that offers payment accounts and is not authorized by the Central Bank of the Argentine Republic to operate as a financial institution. The funds deposited in payment accounts do not constitute deposits in a financial institution, nor do they have any of the guarantees that such deposits may enjoy in accordance with the applicable legislation and regulations regarding deposits in financial institutions.

1.6. These Terms and Conditions apply between us and you as a user of the Platform. By registering as a customer to use the Platform, you agree to these Terms and Conditions regarding your use of the Platform. Simultaneously, or at a later stage, you can apply for an Account using the Platform, which is integrated with the payment services platform of Block Digital Services SA and provides payment services to you. These Terms and Conditions together with our privacy policy (the "Privacy Policy") form a legal agreement (the "Agreement") between you and us, which governs your use of the Platform. This means that it will be a client of both Block Digital Services SA and Block Digital UAB.

1.7. To access the Platform, you need an internet connection, a computer, smartphone or tablet with a web browser (as applicable). You must also download and install the BNKA app on your smartphone or tablet and agree to the Terms and Conditions. You will find information about available operating systems and web browser versions etc. at www.bnka.com.

1.8. You may only use the Platform for your personal use and in accordance with the Agreement. The Agreement is indefinite, meaning it will continue in effect until terminated by either you or us, in accordance with the provisions of this Agreement.

1.9. The language of the Agreement is in Spanish and all communications will be in Spanish unless otherwise stated in the Terms and Conditions. At any time you can download a copy of these Terms and Conditions from the Platform or receive a copy from Customer Service.

TERMS AND CONDITIONS OF USE OF THE BNKA APPLICATION

These Terms and Conditions constitute a contract between you (hereinafter, the "User") and BLOCK DIGITAL SERVICES SACUIT N°30-717389723, and, together with the User, the "Parties", regarding the use of the service of the application and/or BNKA platform . Except in the case that other special terms and conditions are expressly applicable, the Terms and Conditions will govern the rights and obligations of the Parties with respect to any product and/or service offered through the App (hereinafter, the "Services" ). The User undertakes to read, understand and accept all the conditions established in this Agreement, prior to registering as a User of the App. If you do not agree with the Terms and Conditions, please refrain from using the Services. These Terms and Conditions will be considered accepted from the moment the User creates a User Account or uses the Services, whichever occurs first.

1. OBJECT.
The App allows the User to manage and monitor the BNKA Services, among which are, by way of example :
-Carry out charges and recharges, payments, withdrawals, requests for advances and other transactions that imply movement of funds in relation to the use of the App.
-Request the issuance of prepaid and credit cards associated with BNKA, hereinafter ( BNKA Cards)
-Carry out control of payments made through the App and with the Cards linked to the App owned by the User;
-Make money transfers to other users through the App.
-Make money transfers to different accounts through the use of the CVU (Clave Virtual Uniforme) or CBU.-
-Receive money transfers from third parties from CVU or CBU, when this service is available through the use of CVU.-
-Make payments in shops through QR Code.
-Make the payment of invoices.-
-Temporarily suspend, request new plastics or cancel the App and/or Cards linked to the User or the registration as a User.
-Carry out the recharge of services enabled in the App.-
-Communicate through the app's own messaging service with customer service.-
-All other products and services that BNKA offers from time to time.-
-It is expressly stated that the App offers payment services and is not authorized to operate as a financial entity by the Central Bank of the Argentine Republic.-
-Likewise, it is expressly stated that the funds deposited in payment accounts do not constitute deposits in a financial institution, nor do they have any of the guarantees that such deposits may enjoy in accordance with the applicable legislation and regulations regarding deposits in financial institutions .

2. REQUIREMENTS FOR THE USE OF THE APP.
The User must have a mobile device with Internet access and have downloaded the App from the corresponding stores in the different operating systems.
-The User may operate from any mobile device on which the App has been downloaded after having registered said device in the BNKA system by the means provided for this purpose.
-The User must create a profile with a password to access the App (hereinafter, the "User Account")
-The User must generate the password following the steps established by BNKA through the App, and will be solely and exclusively responsible for the confidentiality of their Keys, as well as all operations and/or activities carried out with the Keys and the User Account.

3.USER REGISTRATION.

-Any User who wishes to use the Service must register in the BNKA App and accept these General Conditions, even in the case of abbreviated registration under the "guest" or " guest " modality. To register, it is mandatory to complete the registration form in all its fields with valid data and exact, precise and true personal information ( "Personal Data"). The User assumes the commitment to update the Personal Data as necessary. BNKA is not responsible for the accuracy of the Personal Data provided by its Users. Users guarantee and respond, in any case, for the veracity, accuracy, integrity, validity and authenticity of the Personal Data entered. All the information and Personal Data entered by the User have the nature of an affidavit.
-BNKA will request additional information, such as biometric data , photos of identification cards in compliance with the applicable regulations.
-BNKA has a double identity authentication mechanism, through the creation of an operations verification PIN.
-BNKA reserves the right to request receipts and/or additional information in order to corroborate the information provided by a User regarding Personal Data, as well as to temporarily or permanently suspend those Users whose data could not be confirmed.
-years of age may be registered.-
-BNKA reserves the right to reject a registration request or to cancel or suspend, temporarily or permanently, a User Account, in the event of detecting inconsistencies or inconsistencies in the information provided by a User or in the event of detecting suspicious activities, without such decision generates for the User rights of compensation or compensation.
-In case of being included and/or reached within the list of functions of Politically Exposed Persons, approved by the Financial Information Unit Res.52/2012, said condition must be informed to the following email : compliance@blockdg.com within the peremptory period of 48 hours after the acceptance of these Terms and Conditions. In the aforementioned Email, the following must be indicated: position/function / hierarchy or relationship ( of the Politically Exposed Person).
-Likewise, and in the event of any change being made with respect to the situation outlined above, you must report it by the same means, within a maximum period of 30 days after the occurrence.

4. MEANS OF USE.
-The Services are provided over the Internet through the App, through the use of devices owned by the User, and with the participation of third-party providers of complementary services such as, without limitation, payment processors, credit card networks and providers of automated data processing services.

5. DATE OF OPERATIONS
-All operations carried out by the User will be recorded on the date and time in which they are actually carried out. In certain cases, the date or time of registration of the operation may be after the moment in which its execution has been requested, depending on the type of operation.
-Likewise, the recording of the date and time of the recharge and money withdrawal operations may be subject to additional conditions by each third party service provider.

6. VALIDITY.
-The operations ordered by the User will only be valid in those cases in which the User uses the means specifically determined by BNKA. Therefore, the instructions formulated through any other means and/or device other than those determined by BNKA will not be valid. specifically through the App .
BNKA will use suitable systems to prove the ownership of the transactions carried out, and also declares that it will apply its best efforts and the best practices of the industry in order to guarantee the computer security of the systems and records used.
Any transaction carried out from the App through the User Account will be understood as carried out by the User, considering them as valid, legitimate and authentic without the need for any other type of confirmation.

7. MONEY TRANSFERS.
The User authorizes BNKA to carry out the money transfers ordered by the User, both between users and with respect to the recharge of the virtual wallet and/or BNKA Cards or money withdrawals from the accounts associated with the BNKA App and to carry out the movements corresponding to the Services, always in accordance with the limits and restrictions set by BNKA and/or the regulatory entities or third parties of associated services. BNKA will not be obliged to carry out the operations requested by the User in the event that the accounts associated with do not have sufficient funds to do so.

8. PROHIBITED USES.
The App, the Services and the Contents may only be used for lawful purposes. BNKA specifically prohibits any use of the App, the Services or the Contents to:
- Reveal or share the Keys with third parties, or use the Keys for unauthorized purposes .
- The use or attempted use of any machine, software, tool, agent or other mechanism to navigate or search the App, the Services or the Contents that are different from the search tools provided by BNKA in the App.
- Attempt to decipher, decompile or obtain the source code of any App software program.
- The user will refrain from using the App to facilitate, hide, manage, invest, administer or take advantage of money or assets from illegal activities in any way or to give the appearance of legality to illegal activities and resources related to them. Declaring under oath the legal origin of the funds managed through the App. Therefore, the user is aware that BNKA is empowered to request all the information necessary to comply with the regulations of different public bodies, especially the regulations dictated by the FIU, for the prevention of asset laundering, and financing of terrorism. Consequently, it expressly undertakes to collaborate with BNKA by providing information, the delivery of documentation and reports, as well as the provision of all data that is necessary and/or convenient for BNKA to comply with the obligations set forth . .-
- Use any mechanism to prevent or attempt to prevent the proper functioning of the App, the Services or the Contents.
- Disclose apocryphal biographical data.-
The user may only use his User Account and the Keys for himself and may not use it for third parties to carry out transactions and/or receive information, nor to carry out transactions on behalf of third parties. BNKA reserves the right to suspend or terminate any User Account that, at BNKA's sole discretion, does not comply with the standards defined in this Agreement, without this generating the right to any compensation.

9. CONFIDENTIALITY.
The User Account and the Passwords will be personal, secret, confidential and non-transferable, and their disclosure to third parties by the User is strictly prohibited.
In the event that the User becomes aware of and/or suspects a breach of the confidentiality of his Passwords, he must modify it immediately.

10. IRREVOCABILITY.
Once carried out, the operations carried out by the User cannot be revoked. The confirmation by BNKA will be made through a confirmation message for each particular operation , which will be displayed in the App at the end of each transaction.
The User releases BNKA from all responsibility for the operations carried out through their User Account, and guarantees to hold BNKA harmless for any claim, damage and/or loss derived directly or indirectly from the use of their User Account.

11. INTELLECTUAL PROPERTY.
The contents of the App, such as text, information, graphics , images , logos, brands, computer programs, databases, designs, APIs , functional architecture and any other material (hereinafter, "the Content"), are protected by the laws in force in Argentina, including, but not limited to, the laws on copyright, patents, trademarks, utility models, industrial designs and domain names. All Content is the property of BNKA and/or any other related company and/or its content providers. The compilation , interconnection , operation and provision of the contents of the App is the exclusive property of BNKA and/or its related companies. The unauthorized use, adaptation, reproduction and/or commercialization of the Content may be penalized by the legislation in force in the Argentine Republic.
The User will not copy or adapt the programming code developed by, or on behalf of, BNKA to generate and operate the App or the Services, which is protected by the applicable and current legislation in the Argentine Republic.

12. RESPONSIBILITIES.
The User declares and accepts that the use of the App, the Services and the Contents is carried out under his sole and exclusive responsibility.
BNKA reserves the right to suspend and/or interrupt the service at its sole discretion.
BNKA does not assume any responsibility for the operation of the device and/or software used by the user to access the App, the contents and/or the services, nor for those related to and/or caused by third party access service providers. internet, cell phone and/or any other services provided by persons other than BNKA.-
BNKA, excludes all responsibility regarding damages and losses that may be due to the actions of unauthorized third parties regarding the personal data of users, as well as the contents, products and services offered through the App.-
BNKA, in no case will be responsible for any damage, including without limitation, direct and/or indirect damages, loss of chance, loss of profits that result from the use of the app, the products, services or contents offered in the app

13. LINKS TO THIRD PARTY SITES.
The BNKA App may contain links to third-party websites and/or applications. BNKA does not endorse or guarantee the contents of these Third Party Sites. BNKA is not responsible for the content of Third Party Sites and does not make any representations regarding the content and/or accuracy of these Third Party Sites. If you decide to access Third Party Sites, you do so at your own risk.

14. PRIVACY AND PROTECTION OF PERSONAL DATA.
With the registration process provided for in the third clause of these terms and conditions, the User will be asked to provide BNKA with certain information that will include, for identification and customer knowledge purposes, among others, name and surname, ID, date of birth, nationality, sex, CUIL or CUIT, real address and address of delivery of the card, cell phone number of the device where the application is installed, a valid email address, among other personal data, in addition to sworn statements of a politically exposed
Optionally, the user may provide the CBU of his own bank account for the purpose of recharging or paying BNKA Cards, and other information that assists BNKA in preparing a credit profile for the User. You acknowledge and agree that BNKA may disclose to third parties, anonymously, a certain set of data provided by the User for the use of the Services.
BNKA will not disclose your personal data to third parties without your prior consent, except to the extent necessary for compliance with current laws and/or legal procedures, where such information is relevant.
BNKA reserves the right to offer third-party services and products based on the preferences that the User has indicated at the time of registration and/or at any subsequent time; such offers may be made by BNKA or by third parties.
Please consult the Privacy Policy of the App to know the details regarding the treatment of your personal data.
The User will be responsible for all uses of his account, whether or not authorized by the User. The User must immediately notify BNKA of any unauthorized use of their User Account and/or the Keys.

15. MODIFICATION OF SERVICES AND TERMS AND CONDITIONS.
BNKA reserves the right to modify, restrict and/or delete all or any of the Services provided through the App, temporarily or permanently, without these measures being subject to any requirement, nor granting the user the right to claim damages.-
BNKA reserves the right to modify and/or update these Terms and Conditions to the extent necessary for the correct use of the App, the application of the different regulations and current legislation. Without these modifications generating any right to the User to claim damages.-

16. PROOF OF OPERATIONS.
The User accepts that the orders given by him through the means specially enabled for this purpose for the Services, will be taken as proof of his will to have carried out the operations.

17. TERMINATION OF SERVICE.
This contract is for an indefinite period. Notwithstanding the foregoing, BNKA is authorized to terminate or suspend the provision of services and/or products offered in the App, without stating a reason, and without this generating any right for the User to claim damages.

18. TERMINATION PROCEDURE FROM THE APP.
The User can unsubscribe from the BNKA APP, at any time they wish, to request the cancellation, their account must have a ZERO (0) balance, so they must transfer any balance they have to another CVU or CBU, you want to carry out the deregistration process.

19. UNAUTHORIZED ASSIGNMENT OR COMMERCIAL USE.
The User is prohibited from assigning or transferring the rights and obligations arising from this contract. The User also agrees not to make any unauthorized commercial use of the App, the Services or the Contents.
Likewise, the User undertakes to use the App, the Content and the Services diligently and in accordance with the applicable and current law of the Argentine Republic and with this Agreement.
BNKA reserves the right, at its sole discretion, to use all legal means at its disposal in case the User violates any of these Terms and Conditions.

20. COST OF SERVICES.
BNKA may charge commissions for the maintenance and/or use of the Services, these modifications will be notified by means of a message in the App and/or email and will be available for viewing on the website, understanding BNKA as expressly empowered to carry out the corresponding debits in the accounts associated with the App BNKA of the User. The commissions mentioned above do not include the costs applied by cell phone companies for data transmission services.

21. ENTIRE AGREEMENT.
These Terms and Conditions, together with the Privacy Policy, the specific terms corresponding to the BNKA App, associated Cards and those that are eventually specified for each Service constitute the entire agreement between the User and BNKA.

22. Block Digital Services SA will keep 100% (one hundred percent) of the funds of the Users' accounts available in sight bank accounts in their name in financial entities of the Argentine Republic of their choice. Block Digital Services SA will not be responsible in any case for events that affect the availability of the funds deposited in the collection accounts and/or for the insolvency of the entities that act in custody of the same . Block Digital Services SA will not be responsible for facts or events that restrict or make impossible the free availability of the User's funds. Nor will Block Digital Services SA be liable for acts of God or for any other cause of impossibility of compliance with the Terms and Conditions, which were not attributable to its part.

23. ADDRESS. APPLICABLE LAW. COMPETENCE.
These Terms and Conditions are governed by the laws of the Argentine Republic . Any action derived from these Terms and Conditions or from the use of the App must be submitted exclusively to the jurisdiction of the ordinary courts and tribunals with competence in Commercial matters of the Autonomous City of Buenos Aires of the Argentine Republic .
In case of declaring the nullity of any of the clauses of this Agreement, such nullity will not affect the validity of the rest, which will maintain their full force and effect. For all purposes arising from these Terms, BNKA establishes domicile at Av Corrientes N° 1386, 9th Floor, Autonomous City of Buenos Aires, Argentina.-
Autonomous City of Buenos Aires , March 20, 2023.