Hubzu® users who select Premium Title Services™ (PTS) as their title and escrow provider may also use ForumPay® to make payments. For a transaction fee, ForumPay® will convert the buyer's Cryptocurrency to USD at a fixed conversion rate. ForumPay® provides buyers a Cryptocurrency exchange platform, verifies the validity of their funds, converts their Cryptocurrency to USD and then arranges to wire the funds to PTS.

The exchange and payment services are provided by ForumPay® pursuant to their Terms & Conditions and the buyer assumes all risk of said transactions. Any information the buyer provides on ForumPay's site is provided to ForumPay® as a third-party and will not be shared with Altisource S.à r.l., Altisource Online Auction, Inc. or any of its business entities. Altisource S.à r.l., Altisource Online Auction, Inc. and their business entities, such as Hubzu® and Premium Title Services™, do not have any ownership, control or operation over ForumPay® and are not responsible for ForumPay's services or its website.

If a buyer decides to use ForumPay®, the following Cryptocurrency is accepted for conversion by ForumPay®: Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash. Cryptocurrency users also have the option to use any other Cryptocurrency exchange provider and then submit payment in USD to PTS via a traditional wire transfer.

Hubzu® is owned by Altisource® and Altisource® has an affiliated business relationship with ForumPay® and identifies ForumPay® as a third party that can convert Cryptocurrency into USD.

To use ForumPay®, a buyer should select Premium Title Services™ (PTS) as their title and escrow provider and follow instructions that will direct them to the ForumPay® website to convert Cryptocurrency to USD on the ForumPay® platform. ForumPay® will then arrange a wire transfer of the USD funds to PTS. All Cryptocurrency users have the option to use any other Cryptocurrency exchange provider and then submit payment to PTS via a traditional wire transfer, after the Cryptocurrency is converted to USD, for any properties where they are the selected bidder.

Neither Altisource S.à r.l. nor any of its business entities manage or store any personal information of Cryptocurrency users during the Cryptocurrency exchange process. The exchange and payment services are provided by ForumPay® pursuant to their Terms & Conditions and the buyer assumes all risk of said transactions.

You are not required to use ForumPay® as a condition of your purchase of property. There are other providers that offer services similar to ForumPay®. You are free to shop around to determine that you are receiving the best services and the best rates for the services provided by ForumPay®. All Cryptocurrency users have the option to use any exchange provider they choose and then submit payment in USD to PTS via a traditional wire transfer for any properties where they are the selected bidder. Exceptions to the use of Cryptocurrency to purchase property may include live "in person" foreclosure sales and online foreclosure properties in the state of Ohio. These foreclosure sales typically require immediate payment at the live-auction event or the use of another title and escrow service provider.

Neither Altisource S.à r.l. nor any of its business entities manage or store any personal information of Cryptocurrency users during the Cryptocurrency exchange process. The exchange and payment services are provided by ForumPay® pursuant to their Terms & Conditions and the buyer assumes all risk of said transactions.

If a buyer elects to use ForumPay® as a third-party provider or any other Cryptocurrency conversion service provider, the buyer assumes the risk of fluctuating market rates for Cryptocurrency at all times during the transaction. Altisource S.à r.l., Altisource Online Auction, Inc., and their business entities do not provide Cryptocurrency exchange services, are not responsible in any manner for the conversion of Cryptocurrency, and cannot guarantee any exchange rate or conversion rate for Cryptocurrency. All Cryptocurrency users have the option to use any Cryptocurrency exchange provider and exchange their Cryptocurrency at the rate set by that provider.

Before placing a bid, buyers should verify that they have enough Cryptocurrency and/or traditional funds to complete the purchase of the property. If during the transaction, the Cryptocurrency exchange rate is such that the Cryptocurrency cannot cover the full Earnest Money Deposit (EMD) payment or the purchase price of the property, the buyer can submit the balance of the payment via a traditional wire transfer. When a buyer places a bid on a property marketed on Hubzu®, they agree to complete the purchase of the property if their bid is selected by the Seller and if the Seller agrees to sell the property to them. When a bid is selected, the selected bidder must sign a Purchase & Sale Agreement (PSA) and pay an Earnest Money Deposit (EMD) in the amount designated in the PSA. Failure to submit a signed PSA, pay the EMD and/or complete the purchase of the property may result in the Bid Deposit being converted from a hold to a non-refundable charge on the buyer's credit card. For more information on how the bidding process works on Hubzu® and what a Bid Deposit is, click here. The buyer assumes all risk of the Cryptocurrency market price fluctuations and assumes all responsibilities to complete the purchase of the property where they are the selected bidder regardless of the market rate of their Cryptocurrency.

If you've selected Premium Title Services™ (PTS) as your title and escrow provider, once you've reached the point of providing your Earnest Money Deposit or payment in full, you'll be given the option to select ForumPay® as a third-party Cryptocurrency exchange provider. You'll be directed to a unique url that takes you to the ForumPay® website where you can complete your Cryptocurrency conversion transaction. For a transaction fee, ForumPay® provides buyers a Cryptocurrency exchange platform, verifies the validity of their funds, converts their Cryptocurrency to USD and then arranges to wire the funds in USD to PTS.

The exchange and payment services are provided by ForumPay® pursuant to their Terms & Conditions and the buyer assumes all risk of said transactions. Any information the buyer provides on ForumPay's site is provided to ForumPay as a third-party and will not be shared with Altisource S.à r.l., Altisource Online Auction, Inc. or any of its business entities. Altisource S.à r.l., Altisource Online Auction, Inc. and their business entities, such as Hubzu® and Premium Title Services?, do not have any ownership, control or operation over ForumPay® and are not responsible for ForumPay's services or its website.

No, cancellations/refunds will be returned in USD and not in Cryptocurrency.