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Clarification of licence for the website version

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I have an old phone which I have been thinking of maybe turning into a dedicated music player for my living-room. Now this raises a question, I see the faq says:

Poweramp Website purchase is per single device. You're free to upgrade / reset / reinstall Poweramp on this device, or upgrade the device itself. If app is used on the multiple devices at the same time, activation will stop working.


If I understand this correctly it would mean I'd have to buy another licence for the old phone instead of using the same I have on my current one?




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