This Agreement is intended for streamers (hereinafter “you” or “Streamer”) on the Niki Live platform (hereinafter “the Platform”). Before requesting any withdrawal, please read and fully understand this Agreement. By initiating a withdrawal, you are deemed to have read, understood, and agreed to all the terms below.
1.1 This Agreement applies to streamers who perform live streaming on the Platform and seek to withdraw funds.
1.2 “Virtual Earnings” refers to the virtual currency, gifts, or other bonuses earned via live streaming, which become withdrawable after the Platform’s settlement process.
2.1 Before each withdrawal request, you must confirm accurate account details, including but not limited to name, ID number, payment info, and contact details.
2.2 The withdrawal threshold, maximum limits, settlement cycles, and fees are subject to the latest policies published or announced by the Platform, which may adjust these rules at its discretion and notify you accordingly.
2.3 If your account exhibits abnormalities or suggests cheating or violations, the Platform may refuse or delay the withdrawal request and investigate the relevant account.
3.1 You agree to abide by the Platform’s User Agreement, Live Streaming Guidelines, and all related policies, refraining from any conduct that violates law, regulations, or Platform standards.
3.2 You ensure your provided payment account is accurate. The Platform bears no responsibility if an incorrect account causes failure or loss.
3.3 You confirm your earnings are obtained lawfully and do not infringe upon any third party’s rights. In case of disputes, you shall bear full liability.
3.4 You shall fulfill all tax obligations under your local laws. The Platform may withhold or deduct such taxes if required by law.
4.1 Once you meet the withdrawal requirements and pass the Platform’s review, the Platform will transfer the approved amount to your designated account based on the settlement cycle.
4.2 If suspicious transactions, data anomalies, or signs of money laundering appear, the Platform may suspend or deny your withdrawal.
4.3 The Platform may audit your live streams, payment accounts, and withdrawal history, imposing appropriate measures (e.g., account suspension or forfeiture of earnings) upon finding violations.
4.4 Unless otherwise specified by law or in this Agreement, the Platform shall not be liable for indirect, incidental, special, or consequential losses arising from or related to your withdrawal process.
5.1 If you acquire Virtual Earnings through fabricated transactions, malicious manipulations, or unauthorized account activities, the Platform may freeze your account and revoke your withdrawal qualification immediately.
5.2 If your violations cause damages to the Platform or third parties, the Platform may pursue your legal liability and compensation.
6.1 The Platform reserves the right to modify this Agreement based on business circumstances or changes in legal requirements, and will notify you by announcement or in-app message. Continuing to stream or request withdrawals after modifications become effective constitutes your acceptance of the revised Agreement.
6.2 If you no longer wish to use the Platform, you can stop live streaming and deactivate your account. Your previous activities, however, remain governed by this Agreement.
6.3 The Platform may terminate this Agreement due to business adjustments or policy shifts, with notice provided via message or other communication methods.
7.1 The formation, validity, performance, interpretation, modification, termination, and any dispute resolution of this Agreement shall be governed by the laws and regulations where the Platform is registered.
7.2 For any dispute arising out of or related to this Agreement, both parties shall attempt an amicable settlement first. If negotiations fail, the dispute shall be submitted to a court or arbitration institution at the Platform’s registration locality.
8.1 By initiating a withdrawal, you confirm that you have read, understood, and agree to abide by all terms of this Agreement.
8.2 This Agreement supplements the Platform’s User Agreement and holds the same legal effect; in case of conflict, this Agreement prevails.
8.3 If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain fully valid and enforceable.
If you have any questions or concerns about this Agreement, please contact the Platform’s customer service or send an email to our official support.
Date of Last Update: [21/05/2024]