Operated by 1505322 B.C LTD
Last updated: February 2026
1.1 These Terms and Conditions (“Terms”) constitute a legally binding agreement between you (the “User,” “you,” or “your”) and 1505322 B.C LTD, a British Columbia corporation located at 5577 153A Street, Suite 207, Surrey, BC, V3S 5K7, registered under the number BC1505322 (“HappyCoins,” “we,” “us,” or “our”), governing your use of the HappyCoins exchange services.
1.2 HappyCoins is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business (MSB) and a dealer in virtual currency pursuant to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). Registration does not constitute endorsement or approval by FINTRAC.
1.3 Our Services are provided from Canada and are intended for users located in jurisdictions where HappyCoins may lawfully offer the Services. HappyCoins does not actively market or solicit users outside Canada. If you access the Services from outside Canada, you represent that you do so on your own initiative and that no solicitation has occurred. You are solely responsible for compliance with the laws applicable to you in your jurisdiction.
1.4 In these Terms, the following definitions apply:
2.1 By accessing, browsing, or using any of our Services, or by creating an Account with us, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy, which is incorporated by reference.
2.2 If you do not agree to these Terms, you must immediately discontinue use of our Services.
2.3 We reserve the right to modify, amend, or change these Terms at any time, at our sole discretion. Any changes will be effective immediately upon posting on our website. Your continued use of our Services after any such changes constitutes your acceptance of the new Terms.
2.4 It is your responsibility to review these Terms periodically. We will make reasonable efforts to notify users of significant changes, but you should check our website regularly to view the current version.
3.1 HappyCoins provides a Buy Crypto-asset service: the exchange of fiat currency for Supported Crypto-assets, with HappyCoins ensuring delivery of the purchased Crypto-assets to the user’s specified wallet address.
3.2 HappyCoins acts as the direct counterparty in all exchange transactions.
3.3 HappyCoins does not provide custody or administration of crypto-assets for Users. HappyCoins may temporarily hold fiat funds or crypto-assets solely to the extent operationally required to execute an exchange transaction (including settlement, refund, error correction, or compliance holds). HappyCoins does not provide a general-purpose wallet, deposit account, or stored-value account.
3.4 Any fiat payments or crypto-asset transactions associated with our Services are considered corollary activities to these primary exchange services and do not constitute a payment processing service.
3.5 All transactions are subject to compliance with applicable laws, including anti-money laundering, anti-terrorist financing, sanctions, and reporting obligations. HappyCoins may delay, refuse, suspend, cancel, or otherwise restrict a transaction prior to settlement, or freeze associated fiat balances, where required to comply with law, regulatory guidance, court orders, or internal compliance controls.
4.1 To use our Services, you must create an Account and provide accurate, complete, and up-to-date information as requested during the registration process. You must:
4.2 You are responsible for maintaining the confidentiality of your Account credentials and for all activities that occur under your Account.
4.3 You agree to immediately notify HappyCoins of any unauthorised use of your Account or any other breach of security.
4.4 HappyCoins reserves the right to refuse registration, suspend, or terminate Accounts at our discretion, particularly if we suspect violations of these Terms or applicable laws.
4.5 Ongoing Verification. You agree that HappyCoins may verify or re-verify your identity and Account information at any time, including by requesting updated documents or information.
4.6 Enhanced Due Diligence. HappyCoins may apply enhanced verification and monitoring measures, including requests for information regarding source of funds or source of wealth, where required by law or where HappyCoins determines it is necessary under its risk-based compliance program.
4.7 Consequences. If you fail to provide requested information, or if information cannot be verified, HappyCoins may refuse registration, suspend, restrict, or terminate your Account and may delay or refuse transactions.
5.1 The Buy Crypto-asset service constitutes an agreement whereby HappyCoins will deliver the specified amount of Crypto-assets to the wallet address provided by the user, in exchange for the agreed-upon amount of fiat currency.
5.2 Users must provide a wallet address from a wallet under their full and exclusive control. Providing addresses belonging to third parties is strictly prohibited, unless specifically requested and approved by HappyCoins.
5.3 The transaction is considered completed once the crypto-asset payment is sent by HappyCoins to the provided address.
5.4 Users are solely responsible for the accuracy of the provided wallet information and the security of their wallet.
5.5 All crypto-asset sales are final and non-refundable once the relevant crypto-asset transaction has been broadcast to the applicable blockchain network. Prior to broadcast or settlement, HappyCoins may suspend, cancel, or refuse a transaction where required by applicable law or pursuant to Sections 3.5 or 7 of these Terms.
5.6 The price of Crypto-assets quoted by HappyCoins includes a markup (spread). Current rates and fees are available for review on our website.
5.7 HappyCoins is not liable for transaction confirmation delays on any blockchain network and provides no guarantee of confirmation times.
5.8 HappyCoins may delay settlement, place a hold, or refuse to process a transaction where required for identity verification, sanctions screening, fraud prevention, compliance review, or regulatory reporting.
6.1 HappyCoins displays its exchange rates, transaction fees, transaction minimums, transaction maximums, and estimated processing times publicly on our website for the convenience of its users and for the sake of transparency.
6.2 When using the Buy Crypto-asset service, the exchange rate at which HappyCoins will sell Crypto-assets to its users may differ from the rate displayed on the website. HappyCoins may offer customised exchange rates to certain users. If there is a discrepancy, the rate executed during the order will prevail.
6.3 Transaction maximums displayed on our website are subject to your identity verification level and may be significantly lower if your verification is incomplete. Transaction maximums may be customised per user.
6.4 Transaction maximums may be subject to limits imposed by your own bank or payment processor, which are outside HappyCoins’ control.
6.5 Blockchain network fees (where applicable) are not collected by HappyCoins and are determined by the relevant network. HappyCoins has no control over blockchain network fees.
6.6 The processing times displayed on our website are meant to provide a general assessment and do not constitute a guarantee or service-level agreement. Processing delays can be caused by multiple factors outside of our control. HappyCoins will always attempt to process transactions on a best-effort basis.
7.1 Users must submit personal information required for “know your client” and anti-money laundering verifications before using HappyCoins services.
7.2 HappyCoins reserves the right to:
if we suspect violations of these Terms, applicable laws, or if provided information is inaccurate or misleading.
7.3 Users are responsible for the accuracy and completeness of their personal information, including but not limited to email address, telephone number, name, address, date of birth, identity documents, and proof of residence documents.
7.4 Periodic reviews and updates may be required to ensure compliance with Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) procedures. Failure to provide requested information may result in restriction, suspension, or termination of your Account.
7.5 HappyCoins is committed to complying with all applicable Canadian federal and provincial laws, including anti-money laundering (AML) and counter-terrorist financing (CTF) regulations as administered by FINTRAC.
7.6 HappyCoins is required to make certain reports to FINTRAC and other competent authorities, including suspicious transaction reports and large virtual currency transaction reports, and may be required to provide information to law enforcement or regulators under applicable law.
7.7 Where permitted or required by law, HappyCoins may make regulatory reports without notice to you. In certain circumstances, HappyCoins may be legally prohibited from disclosing to you that a report has been made or that a compliance review or investigation is ongoing.
7.8 Transactions that meet or exceed reporting thresholds under Canadian law (including, where applicable, transactions involving virtual currency totalling CAD $10,000 or more within a 24-hour period) may be subject to enhanced review, reporting, and verification. HappyCoins may delay, restrict, or refuse such transactions pending completion of compliance checks.
7.9 For certain virtual currency transfers (including transfers that meet applicable regulatory thresholds (currently CAD $1,000), HappyCoins may be required to collect, retain, and transmit specific originator and beneficiary information to other financial institutions, money services businesses, or virtual asset service providers.
7.10 HappyCoins may request information or documentation regarding the source of funds or source of wealth connected to your use of the Services and may delay, restrict, or refuse transactions pending satisfactory review.
7.11 HappyCoins retains records as required by Canadian law,including mandatory retention periods of at least five (5) years after the last transaction or account closure. Requests to delete data may be declined where retention is legally required.
7.12 HappyCoins may suspend, freeze, block, or refuse to process transactions, or freeze associated fiat balances, where required to comply with applicable sanctions laws, court orders, regulatory directives, or internal compliance determinations.
8.1 To the fullest extent permitted by applicable law, HappyCoins and its affiliates, officers, directors, employees, and agents disclaim all warranties, express or implied, in connection with the Services and your use thereof.
8.2 HappyCoins shall not be liable for any indirect, incidental, special, consequential, or exemplary damages, including but not limited to damages for loss of profits, goodwill, use, data, or other intangible losses, resulting from:
8.2.1 To the maximum extent permitted by law, HappyCoins’ aggregate liability arising out of or relating to the Services shall not exceed the total fees paid by you to HappyCoins in the twelve (12) months preceding the event giving rise to the claim.
8.3 Users expressly understand and agree that their use of the Services is at their sole risk. The Services are provided on an “AS IS” and “AS AVAILABLE” basis.
8.4 HappyCoins is not responsible for:
8.5 In the event of a manifest error, including but not limited to pricing errors, system malfunctions, or technical faults, HappyCoins may cancel or adjust a transaction prior to settlement. Once a crypto-asset transaction has been broadcast to the applicable blockchain network and confirmed, it cannot be reversed. Where appropriate, HappyCoins may correct associated fiat ledger entries or take other remedial action permitted by law. Nothing in these Terms excludes or limits liability where such exclusion or limitation is prohibited by applicable law.
9.1 HappyCoins explicitly disclaims any responsibility or liability for any losses, damages, or harm incurred by users as a result of scams, frauds, or any other deceptive practices perpetrated by third parties in connection with the use of our Services.
9.2 Users acknowledge and agree that:
9.3 Users expressly waive any right to hold HappyCoins liable for losses or damages resulting from:
9.4 HappyCoins strongly advises users to exercise extreme caution and scepticism when dealing with third parties or investment opportunities, to never share account credentials or private keys, and to seek independent professional advice before engaging in significant financial transactions.
10.1 Users are strictly prohibited from:
10.2 HappyCoins complies with applicable Canadian sanctions laws, including the Special Economic Measures Act (SEMA), the United Nations Act, and applicable Criminal Code provisions relating to terrorism financing. Users located in, resident in, or otherwise subject to sanctions restrictions may not use the Services. HappyCoins may block, freeze, refuse, or suspend transactions prior to settlement, and may freeze associated fiat balances, where required by sanctions laws or where HappyCoins reasonably suspects a sanctions breach.
10.3 Violations may result in immediate suspension or termination of your Account, refusal of transactions, and reporting to competent authorities where required by law.
11.1 The Services and their original content, features, and functionality are and will remain the exclusive property of HappyCoins and its licensors.
11.2 The Services are protected by copyright, trademark, and other laws of Canada and foreign countries.
11.3 Our trademarks and trade dress may not be used in connection with any product or service without the prior written consent of HappyCoins.
12.1 You agree to defend, indemnify, and hold harmless HappyCoins and its licensees and licensors, and their employees, contractors, agents, officers, and directors, from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to legal fees) arising from:
12.2 This defence and indemnification obligation will survive these Terms and your use of the Services.
13.1 These Terms shall be governed and construed in accordance with the laws of the Province of British Columbia and the federal laws of Canada applicable therein, without regard to its conflict of law provisions.
13.2 Subject to applicable consumer protection legislation and to the extent permitted by law, any dispute, claim, or controversy arising out of or relating to these Terms or the Services shall be resolved by binding arbitration administered in Canada in accordance with the rules of a recognized arbitration body. Nothing in this Section limits any rights you may have under mandatory consumer protection laws to bring a claim before a court of competent jurisdiction where such rights cannot be waived by agreement.
13.3 The place of arbitration shall be Vancouver, British Columbia. The language of the arbitration shall be English.
13.4 Any dispute resolution proceedings, whether in arbitration or court, will be conducted only on an individual basis and not in a class, consolidated, or representative action to the extent permitted by applicable law.
If any provision of these Terms is found to be unenforceable or invalid under any applicable law, such unenforceability or invalidity shall not render these Terms unenforceable or invalid as a whole, and such provisions shall be deleted without affecting the remaining provisions herein.
These Terms, together with the Privacy Policy and any other legal notices published by HappyCoins on the Services, shall constitute the entire agreement between you and HappyCoins concerning the Services. They supersede all prior agreements and understandings.
HappyCoins will respond to law enforcement requests from authorised law enforcement officials with proof of authority. Law enforcement inquiries provided to HappyCoins should contain the relevant information to the request, including the details of the law enforcement agency, the related case officer or representative to contact, details of information requested, as well as a means by which HappyCoins can authenticate the request as genuine.
The request should contain information that will help HappyCoins identify the user or transaction for which the information is being sought. This could include public address, transaction ID, IP address, and time and date of suspicious activity.
Law enforcement inquiries can also include an attachment of any applicable documentation, including but not limited to subpoenas, court orders, or production orders. HappyCoins may be legally prohibited from notifying you of certain disclosures or requests.
Investing in crypto-assets involves significant risk, including volatility, technological risks, regulatory uncertainty, and potential total loss of value. Crypto-assets are not covered by deposit insurance or investor protection schemes. You should only transact with funds you can afford to lose.
If you have any questions about these Terms, please contact us at:
1505322 B.C LTD (operating as HappyCoins)
5577 153A Street, Suite 207
Surrey, BC, V3S 5K7
Canada
Email: [email protected]
Website: www.happycoins.ca
By using HappyCoins services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.
RIDM is a platform providing virtual asset services operated by 1505322 B.C. Ltd.
Company Registration Number: BC1505322. 5577 153A Street, Suite 207, Surrey, BC, V3S 5K7, Canada.
Registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
MSB Registration Number: C100000591.
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