II. Registration and accounts
4. You shall commit to accept and observe the Agreement. You shall stop registering/activating programs or using any services of platform, in the event that you disagree with the Agreement.
5. In addition, although in principle the duration of this Site is undetermined, Company reserves the right to modify, suspend or terminate the provision of any Service or content, in whole or in part, at any time and without notice to users.Company may also change the Terms of Use of the Site or the Services offered at any time.
1. Eligibility of registrants
Depending on Your country of residence, You may not be eligible to use all the Services of the Site. It is Your responsibility to follow those rules and laws in Your country of residence and/or country from which You access this Site and Services. Where you do not possess the aforementioned eligibility, you and your guardian shall assume all the consequences incurred therefore, and platform shall have the right to close or freeze your account permanently, and seek for indemnityagainst you and your guardian.
2. Registration and accounts
2.1 Use of the Site and the Services is subject to completing the initial registration process by providing accurate information and documentation, including without limitations, Your name, e-mail address, password, and affirming Your acceptance of these Terms of Use. The aforementioned notwithstanding, the Company may, in its sole discretion, deny You the option to establish the Account, or limit the Accounts that any user may establish and maintain at any time. You shall be responsible for any direct or indirect loss and adverse consequence therefore.
2.2 Platform account shall only be held and used by you. platform shall reserve the right to freeze, stop or close the accounts not used by you, and shall not undertake any legal liability.
2.3 Your registration and use of platform account shall conform to the laws of the country where you are located. Your breach of any regulations and rules, or commitment of irregularities shall not involve platform.
3.1 You shall commit and warrant that the information provided is true, accurate and effective. Where the platform shall have reasons to suspect the information provided as wrong, misrepresented, outdated or illegal, platform shall have the right to send you a notice for confirmation or rectification. The platform shall have the right to delete the related information in consideration of the overall interests of users, until we suspend or terminate to provide you with platform services in part or in whole. platform shall not assume any liability therefore, and you shall be held liable for any direct or indirect loss and adverse consequence.
3.2 In consideration of the interests of you and all users, you shall fill in accurately and update your contact information on a timely basis, so as to facilitate platform or other users to have effective contact with you. You shall be solely responsible for any loss or additional expenses during the use of platform services arising from failure of reaching you based on the contact. You shall understand and consent that you have the obligations to maintain the effectiveness of the contact you provided. You shall change or update such contact based on the requirements of platform.
4.1 Platform will neither request passwords from any user, nor allow users to provide their accounts to the trading centers other than us. You shall be responsible for keepingconfidential of your nickname for login and passwords, and for all the activities under your account name, platform and passwords (including but not limited to information disclosure, information release, consents on our website or submission of various rules and agreements, online agreement renewal or purchasing of service).
4.2 You shall agree that: (a) you will inform platform immediately in case you identify any party using
your platform account without authorization, or any breach of confidential regulations; (b) ensure you to comply with the policies or processes of our website/services in connection with security, certification, trading, recharging and withdrawal; and (c) ensure you leave our website/services by following proper steps after each online period is ended. platform cannot and will not assume any loss incurred due to your non-compliance with these provisions. You shall understand that platform may take time to address your request. As such, platform will not be held liable for the consequence incurred (including but not limited to any loss you suffered) before platform takes any action.
1. A member may publish and enquiry about trading information, reach trading intention, and conduct trading and participate in the activities organized by platform through the Services and other services provided by platform and its related entities, as well as use other information services and technology services. platform shall have the right to make judgment unilaterally on any trading dispute between you and other members on platform, provided that such dispute is submitted to platform for mediation. You shall understand and agree to accept platform's mediation's settlemen.
2. You shall understand and agree that platform has the right to provide government authorities (including judicial and administrative authorities) with your user information, trading records and other necessary information required by such authorities. Where you are suspected to infringe the intellectual property of others and their legitimate interests, platform shall also have the right to provide your necessary identity information to the claimant based on its initial judgment on infringement.
3. Taxes payable, and expenses incurred for all hardware, software, services and other aspects accrued during the period in which you are using platform services shall be solely undertaken by you. When using the Services, you shall agree that all the executed transactions cannot be modified. When you use the Services, you shall agree that platform has the right to clear transactions from time to time disregard of profit or loss.
IV. Standards of using platform Services
1. During the period in which you are using the Services on platform, you shall commit to observe the following agreements:
1) You shall observe laws, rules and regulation documents of the state enacted during the period in which you are using platform services, and each rules and requirements of platform; you shall not violate the social and public interests or public morality, infringe the legitimate interests of other parties, evade taxes and breach the Agreement and the related regulations. Where you breach of the said commitments leading to any legal consequence, you shall assume all the liabilities solely at your own name and ensure to hold platform harmless against of any loss incurred therefore.
2) You shall follow the principle of integrity while trading with other members, and you shall not
engage in unfair competition, disturb online trading orders, or take part in any conducts not related to online trading.
3) You shall not use any data on platform for commercial interest without prior written consent of platform, including but not limited to copy and otherwise transmit the information displayed on platform's website. You shall not interfere or attempt to interfere the normal operation of platform or any transaction and activity processing on platform with any device, software or routine program.
4) You shall not take any action that may load unreasonably excessive data on platform's network equipment. In response of such activities, the platform shall have the right to impose punishment accordingly in consideration of the overall interests of users.
2. You shall understand and agree that: platform has the right to determine unilaterally whether you breach the aforementioned commitments. Upon the said determination, platform has the right to carry out treatment or terminate your services based on the applicable rules without seeking consent from you or providing prior notice to you. Based on the demand for maintaining orderly trade of platform and trading security, platform shall have the right to close the related trading orders, provided that vicious sales or purchases incurred to disrupt the orderly trading market.
3. Platform shall have the right to publish your suspected illegal act or default, and actions taken by platform against you, provided that your act is suspected to breach the Agreement and/or provisions hereunder or the provisions of laws and regulations determined by the effective legal instruments of the administrative or judicial authorities of the state. Where the information published by you on platform is suspected to be illegal or infringe the legitimate interest of other parties, or breach the Agreement and/or rules, platform shall have the right to delete such information without notice, and impose punishment based on related rules.
In respect of your act on platform, including the act that has not been executed on platform but has already affected platform users, platform shall have the right to determine whether the nature of your act constitutes breach of the Agreement and/or rules at its discretion, and impose punishments accordingly. You shall maintain all the evidence in connection with your action, and shall be responsible for adverse consequence arising from failure of providing sufficient evidence. You shall be solely responsible for any damages against any third party as a result of your breach of commitment, and ensure to hold platform harmless from loss or additional expenses therefore. Where your suspected breach of laws or the Agreement causes any loss to platform, or is subject to claim from third parties, you shall indemnify platform all the losses and (or) expenses incurred therefore, including but not limited to reasonable legal expenses.
V. Scope and limits of liabilities
1. Platform will not provide express or implied guarantee to users, including but not limited to the applicability of platform services, mistake or negligence free, continuity, accuracy, reliability and suitability of certain purpose. At the same time, platform will not make any commitment and guarantee for the effectiveness, accuracy, correctness, reliability, quality, stability, completeness and timelineness of the technology and information in connection with platform services.
2. You shall understand that the information on platform is published by users themselves, and may contain risks and defects. platform only serves as a trading platform. platform only acts as a site for you to obtain asset trading information, seek for counterparties, negotiate for transaction of assets and conduct trading, but platform cannot control the quality, safety or legitimacy of assets in transactions, as well as the authenticity or accuracy of trading information, and the capacity of each trading party in performing each obligation in the trading agreement. You shall judge the authenticity, legitimacy and effectiveness of the related information at your discretion, and assume the liability and loss incurred thereon.
3. Unless otherwise specified by laws and regulations, or in the event of the following conditions, platform shall not be obliged to pre-review the data of all users, asset information, trading behavior and other matters in connection with trading:
1) Platform has reasonable grounds to believe that certain members and the specific trading matters may be involved with serious violation of laws or default of agreement.
2) Platform has reasonable grounds to believe that users' actions on platform are suspected to be illegal or improper.
3) Platform or the third parties authorized by platform, or the third parties mutually determined by you and platform shall accept arbitration over the trading dispute between you and other members based on your irrevocable rights, and shall have the right to determine the facts and appropriate rules in connection with such dispute at their discretion to make an award on the arbitration, including but not limited to adjusting the trading status of the related orders, instructing third parties to make payment to the company, or paying the price in dispute to one or both trading parties in whole or in part. You shall be bound by such arbitration award. Where you do not follow the arbitration decision within the due period, platform shall have the right (but not the obligation) to use directly your deposit in platform account, or the security placed with platform and its related entities as the payment price. You shall supplement the
security and compensate platform and its related entities for losses. platform and its related entities otherwise may write off your interests under other contract provisions directly, and to continue seek for indemnity.
4. You shall understand and agree that platform or the third parties authorized by platform, or the third parties mutually determined by you and platform are not a judicial institution, and only authenticate evidence in the capacity of an average person. platform or third parries authorized by platform, or the third parties determined mutually by you and platform make arbitration award based on your irrevocable authorization. There is no guarantee that the dispute result conforms to your expectation, and we shall not be held liable for any dispute result. Where you suffer loss thereon, you shall agree to claim against the beneficiary on your own.
5. You shall understand and agree that platform will not be held liable for any damages caused to you, in any event of the following conditions, including but not limited to:
1) Loss of profit, goodwill, use, data, or other intangible losses (no matter whether platform has been informed of such loss claim) .
2) Inability of service or delay of service due to normal maintenance of information network equipment, connection failure of information network, failure of computers, communication or other systems, power failure, strike, industrial dispute, riot, rebellion, turmoil, shortage of productivity or production material, fire, flood, storm, explosion, war, act of governments, instructions of judicial and administrative authorities, or omission of third parties.
1. When a user uses the Services, the Company shall have the right to claim service charge from the user based on the related rules. Platform shall have the right to develop and adjust service charge. The specific service charge for using the Services as published by platform, or based on other written agreement entered into between the user and platform shall prevail.
2. Unless otherwise specified or agreed, users shall agree that platform have the right to deduct the said service charges from assets in the user account directly.
1. You shall agree that platform has the right to immediately suspend your account (and any accounts beneficially owned by related entities or affiliates), freeze or lock the funds in all such accounts, and suspend your access to platform if we suspect any such accounts to be in violation of the Terms of Service, Privacy Policy, AML/CTF acts or any applicable laws & regulations whether temporarily or permanently, and shall not assume any liabilities for you and any third parties.
2. The above account controls may also be applied in the following cases:
·The account is subject to a governmental proceeding, criminal investigation or other pending litigation.
·We detect unusual activity in the account.
·We detect unauthorized access to the account.
·We are required to do so by a court order or command by a regulatory/government authority.
VIII. Privacy policies and information collection
Platform attaches great importance to protect your personal privacy. We will collect, use, share and protect your personal information based on this privacy policy ("Privacy Policies"). Before using platform products and services, please read through and understand completely the Privacy Policies. When you browse, and access to platform and/or use any product or service of platform, you have agreed us to collect, use, share and protect your personal information based on the Privacy Policies.
• Platform operation information, including but not limited to your IP address, equipment model, device identifier, version of operating system.
• Payment information, including but not limited to your payment time, amounts, payment tools and accounts.
• Identity information, including but not limited to your name, identity certificate, address, telephone number and biometric information.
• Personal credit information, including but not limited to any credit status information, credits, and credit report.
Where you use the Services on behalf of an institution, you shall represent and warrant that (a) the institution is a legal institution compliant with the local laws and regulations; (b) you shall have the right to accept the Agreement on behalf of the institution. In case of any breach of the Agreement, the institution shall agree to undertake the liability of your conduct.
You acknowledge that in addition to the above, certain features of Company's Services require that You provide Company with additional personal information and/or documentation, which may include without limitations, Your address, telephone number, ID number, birthdate, taxpayer identification number and information regarding Your personal bank account details.
You warrant that any and all of the personal information submitted as may be required, is accurate and authentic.
Furthermore, You warrant to update the Company with respect to any changes in or of the information submitted to Company. Company may use or transfer Your information to third party service providers for the purpose of providing You with the Services under the Site or the improvement thereof.
You acknowledge that the Company performs inquiries to verify Your personal information, whether directly or through the assistance of third party service providers in its attempt to prevent misidentification, fraud, suspicious activity or money laundering or any other forbidden activity and may take actions with respect to the outcome of such inquiries as it deems necessary. You hereby provide Company with Your authorization for such inquiries as aforementioned, including with respect to a query of Your account information.
4. Due to the nature of the services the site provides, all purchase made on the site are non-refundable. You acknowledge that transactions executed are non-cancellable and You cannot change or reverse any Transaction which was complete or which is pending.
·You are suspected of registering as platform user directly or indirectly, or in the name of other parties, after platform terminates to provide services to you.
·The contact, such as email address, provided by you does not exist, or you fail to receive emails or information, and there is no other way to contact with you; or platform inform you of changing email and other contacts in other manner, but you do not provide the effective email address and contact within three working days.
·The main contents of the information you provided is not true, inaccurate or incomplete; you express agree and provide notice to platform that you will not accept the new service agreement (including rules), if changed; other situation in which platform is of an opinion that the Services shall be terminated.
3. You shall agree that after the contractual relationship between you and platform terminated, platform shall still have the following rights:
1) The right to keep and use the transaction data or other information related to such accounts you submitted during the period in which you use platform services.
2) Platform shall still assert its rights against you in accordance with the Agreement, provided that you commit illegal action or breach the Agreement and/or rules while using platform services.
3) After platform suspends or terminates to provide you with platform services, your trading action prior to such suspension or termination shall be processed based on the following principles. You shall independently and completely process and undertake any dispute, loss or additional expenses, and shall ensure to hold platform harmless against any loss or expenses incurred thereon.
4) Where the Bitcoins you uploaded prior to service suspension or termination have not been traded, platform shall have the right to delete the information in connection with such item upon service suspension or termination. Where any sales and purchase contract entered into with other members prior to such service suspension or termination, and the contract is not executed, platform shall have the right to delete such contract and the information in connection with Bitcoins trade thereon. Where any sales and purchase contract entered into with other members has been executed in part, platform shall not delete such transaction, but shall have the right to inform your counterparty upon service suspension or termination.
1. We collect, use, share and protect your personal information under the premise that the laws and regulations of the country we are situated are complied with, and for the purpose of rendering you with platform products and services, and continuously upgrading products and service quality, including but not limited to supporting
us to engage in marketing activities in connection with platform products and services, improving functions of the existing products and service functions, developing new products or services. You shall authorize us to collect and keep
the following personal information:
Other personal information collected as required by our specific products and services, including but not limited to opinions, suggestions made by you on us and our products and services, mobile application you used before or repeatedly, and the use scenario and habits.
2. Protecting user privacy is a fundamental policy of the Company. Without your prior consent, platform will not share or transfer your personal information with any third party, except for the following situation: