Terms of Service


Effective: March, 2021 

Agreement: User Agreement dated March 2021


This agreement (the “Agreement”) is for all who transact on/with GC HUB NAIJA, regardless of their geographic location.

This is a contract between you and GC HUB NAIJA, Ltd (“GC HUB”) a private limited company incorporated in Nigeria.

References in this Agreement to “GC HUB NAIJA” include the use of “we”, “our” or “us”, and references to “you” or “your” are to the person with whom GC HUB NAIJA enters into this Agreement.

By signing up to use an account through GChub.com.ng, or any of our associated websites, application,  online platform, or mobile applications (collectively the “Site”), you agree that you have read, understood, and accept all of the terms and conditions contained in this Agreement, as well as our Privacy Policy and Cookie Policy.

We refer to the digital currency services and Gift Card services collectively as the “GC HUB Services”, which can be accessed via the online platform operated by GC HUB NAIJA and accessible via GChubnaija.com.ng or at such location as may be prescribed by GC HUB NAIJA from time to time.

You are hereby made aware that the risk of loss in trading or holding Digital Currencies and Gift Cards exist and can be substantial. As with any tangible asset, the value of digital assets such as digital currencies and Gift Cards;  is subject to appreciation and depreciation over time and there can be a substantial risk that you lose money buying, selling, holding, exchanging or investing in such digital assets. Digital Currency Services and Additional Services are not currently regulated by the Securities and Exchange Commission, the Central Bank of Nigeria, or any other regulator in Nigeria. Also your Digital Currencies and Gift Cards are not subject to protection under the CBN’s consumer protection framework. You should carefully consider whether trading or holding Digital Currencies is suitable for you in light of your financial condition.

  1. General. 

1.1 Eligibility.

To be eligible to use any of our Services, you must be at least 18 years old and reside in a country in which the relevant services provided by GC HUB NAIJA are accessible. 

Eligible users may establish an account at: https://gchub.ng (a “GC Hub Naija Account”). The provisions of this Appendix 4 (GC Hub NaiJa Services) apply to your use of such GC Hub Naija Account in addition to the other applicable provisions of this Agreement, including without limitation the releases, indemnities, disclaimers, limitations of liability, prohibited use, dispute resolution, and cancellation policies set forth above. 

  1. GC Hub Naija Account. 

Your GC Hub Naija Account consists of the associated user navigation and transaction tools employed on your account dashboard. These can only be used to buy and sell Digital currencies and digital assets (gift cards).

You understand and agree that you are responsible for any and all orders, transactions, and other instructions conveyed to us by direct input into GC Hub Naija account including identifiers, permissions, passwords, and security codes associated with your GC Hub Naija account.


  1. Deposit. 

To trade a digital currency on our platform, you may follow the transaction tool employed on the platform. Once, the transaction fields are completed, the user-specified trade volume is automatically deposited into our verified wallet (located at an address specified on the transaction page).

  1. Payment.

You may withdraw Digital Currency GC Hub Naija account by transfer to an external digital currency wallet at a provided address. Also, upon completion of the transaction process, value for a given volume of digital currency exchange or digital asset (Gift cards) sold on the GC Hub Naija, can be electronically transferred to your bank account.


2. Transaction rules

2.1 Acceptance. By accessing GC Hub Naija services and online platforms, you accept and agree to be bound by the trading rules set out at https://www.gchub.ng/terms-of-service and Conditions/transaction_rules (the “Transaction Rules”).

2.2 Transaction Fees. 

By placing an order on GC Hub Naija, you consent to and shall pay all applicable fees and you authorize GC Hub Naija to automatically deduct such fees directly from your Wallet balance.

2.3 Transaction Rates

The transactions carried out on this platform shall be effected at the prevailing parallel market rate as at the time when payment is due. Therefore, they are subject to change based on market changes. Such changes shall be effected on the platform in real-time.

2.4 Transaction Account Usage. 

By using a GC HUB Naija you agree and represent that you will use our services for yourself as the verified account owner, and not on behalf of any third party. You may not sell, lease, rent or otherwise permit or intentionally provide access to your GC Hub Naija Account to any other entity or to any individual. You understand and agree that you are responsible for any and all orders, trades, and other instructions entered into GC Hub Naija including your personal identification/verification and banking information.

2.5 Account Suspension and Cancellation. 

We reserve the right to suspend your access to any of our services, websites, mobile app or online platforms and may do so in accordance with the suspension and termination provisions set out in this Agreement as follows:

We may:

  1. refuse to complete, or place certain restrictions on an account, block, cancel or reverse a transaction you have authorized (even after funds have been debited from your GC Hub Naija Account), for any reason, including but not limited to where:
  2. upon verification we reasonably believe the digital asset(Gift Card) you wish to trade/exchange is not authentic, has been used, or is expired already.
  3. suspend, restrict, or terminate your access to any or all of the GC Hub Naija Services, and/or
  4. deactivate or cancel your GC Hub Naija Account with immediate effect for any reason, including but not limited to where:
  1. we reasonably believe that we need to do so in order to protect our business brand
  2. we are obligated to do so by applicable law, enforced regulation or any court subpoena or other authority to which we are subject in any jurisdiction;
  3. we reasonably suspect you of acting in breach of this Agreement;
  4. we have concerns about the authenticity and legitimacy of  a transaction:
  5. we suspect money laundering, terrorist financing, fraud, or any other financial crime that we do not wish to be complicit in:
  6. use of your GC Hub Naija Account is subject to any pending litigation, investigation, or government proceeding and / or we perceive a heightened risk of legal or regulatory non-compliance associated with your GC Hub Naija Account activity; and / or
  7. you take any action that may circumvent our controls such as maliciously opening multiple GC Hub Naija Accounts or abusing promotions which we may offer from time to time.

2.5.1 You should be aware that a transaction can be let uncompleted or blocked, canceled or reversed even when authorization for such transaction exists, due to insufficient Digital Currency in your external Digital Currency Wallet to cover the transaction and (where applicable) associated fees at the time. We may also receive notification from payment merchants of the transaction or if your credit or debit card or any other valid payment method selected on your GC Hub Naija Account is declined.

2.5.2 Should we refuse to complete a transaction and / or suspend, restrict or close your GC Hub Naija Account, and / or terminate your use of GC Hub Naija Services, you will be notified of our actions and the reasons for refusal, suspension or closure, and where appropriate, with the procedure for addressing the reason for such refusal, suspension or closure of your GC Hub Naija Account. Restrictions on such accounts will only be lifted when the reasons for their restriction are properly addressed by the affected owner.

2.5.3 We may also suspend, restrict, or terminate your access to any or all of the GC Hub Naija Services and/or deactivate or cancel your GC Hub Naija Account, without reason by giving you prior notice as we may deem sufficient. By agreeing to the Terms and Conditions as detailed in this document; you acknowledge that our decision to take certain actions, including limiting access to, suspending, or terminating your GC Hub Naija Account, may be based on certain criteria that are essential for the purposes of our company risk mitigation and security safeguards that we cannot disclose.

2.5.3 Suspension or termination of your GC Hub Naija Account shall not affect the payment of fees or other amounts you owe to GC Hub Naija. In the event that your GC Hub Naija Account is suspended or terminated, we will immediately cancel all open orders associated with your GC Hub Naija Account, block all withdrawals and bar the placing of further orders pending resolution of such suspension or we cancel your GC Hub Account.

2.6 No Warranty. 

We do not represent that our services will be available without interruption. However,  we will strive to provide you with continuous and seamless operations, we do not guarantee continuous access or that there will be no delays, failures, errors, omissions or loss of transmitted information, nor do we guarantee that any order will be executed, accepted, recorded, or remain open. We reserve the right to cancel any order/transaction and/or suspend such order/transaction in accordance with the terms and conditions outlined here

2.7 No third services.

 For the avoidance of doubt, GC Hub Naija does not provide investment, tax, or legal advice or consultation. All trades are executed automatically, based on the parameters of your order instructions and in accordance with posted transaction procedures and you are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. 

GC Hub Naija may provide educational information about supported Digital Currenncies and Gift Cards as part of our content. Such information may include, but is not limited to, blog posts, articles, and links to third party content, news feeds, tutorials, and promotional videos. However, GC Hub Naija will not be held responsible for the decisions you make to buy, sell, exchange or hold Digital Currency and Gift Cards based on the information provided.

Scroll to Top