Purchase TERCs

Onboarding and Account Setup:

• The buyer must open an account with the Xpansiv Digital Fuels Registry and complete KYC (Know Your Customer) paperwork​

Transaction Agreement:

• Buyers and sellers list specific transaction details, including the number of TERCs, vintage, payload, and serial numbers (SNs) in a transactional contract.

Certificate Transfer:

• Upon agreement, certificates are transferred to the buyer’s account, where they can be further transferred or retired​.

Invoice and Payment:

• Once the transaction is completed, an invoice is generated and issued. The buyer makes the payment under net 5 terms​.

Retirement and Beneficial Ownership:

• Buyers can retire TERCs for their account but not on behalf of a beneficial owner. The final owner of the TERC is the beneficial owner, who claims the environmental attribute when the TERC is retired