1012 lines
133 KiB
HTML
1012 lines
133 KiB
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<title>Terms of Use| KuCoin</title>
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<meta name="description" content="KuCoin (www.kucoin.com) is an information intermediary service Platform (hereinafter referred to as the “Platform") that provides Users with digital asset tradi">
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<div id="root"><div class="__analytics-module"><div class="root root___2ZGR8" data-path="/news/en-terms-of-use"><div class="lrtcss-1q93c29"><div class="lrtcss-4pufvq" style="margin-bottom: 0px;"><div class="lrtcss-1cvu4u4"><div class="lrtcss-uz5hee"><div class="lrtcss-xqn6mv lrtcss-b03mcm"><div class="lrtcss-1sg2lsz"><a href="https://www.kucoin.com/" class="lrtcss-id6y4d"><div class="c-f467a0ed1ced05782a32b3050cc53355"><img class="logo" src="Terms%20of%20Use%20KuCoin_files/1lB3PkckFDyfxz6VudCEACBeRRBi6sQQ7DDjz0yWM.svg" alt="KuCoin"></div></a><div id="hook_nav_link" data-lang="en_US" class="lrtcss-4b375e"><div class="css-y859bi"><div style="display: inline-block;"><div style="display: block;" class="KuxDropDown-trigger"><div class="lrtcss-1m3mh7j"><svg class="moreIcon" viewBox="0 0 1024 1024" xmlns="http://www.w3.org/2000/svg" width="13px" height="13px" fill="currentColor"><defs><style></style></defs><path d="M0 0h236.308v236.308H0V0zm393.846 0h236.308v236.308H393.846V0zM1024 0H787.692v236.308H1024V0zM0 393.846h236.308v236.308H0V393.846zm630.154 0H393.846v236.308h236.308V393.846zm157.538 0H1024v236.308H787.692V393.846zM236.308 787.692H0V1024h236.308V787.692zm157.538 0h236.308V1024H393.846V787.692zm630.154 0H787.692V1024H1024V787.692z"></path></svg><svg class="arrowIcon" viewBox="0 0 1024 1024" xmlns="http://www.w3.org/2000/svg" width="11" height="11" fill="#737E8D"><defs><style></style></defs><path d="M256 512v128l256 256 256-256V512H256z"></path></svg></div></div></div><div style="display: inline-block;"><div style="display: block;" class="KuxDropDown-trigger"><div class="css-1kjmbpt">Buy Crypto<svg class="arrowIcon" viewBox="0 0 1024 1024" xmlns="http://www.w3.org/2000/svg" width="11" height="11" fill="#737E8D"><defs><style></style></defs><path d="M256 512v128l256 256 256-256V512H256z"></path></svg></div></div></div><a href="https://www.kucoin.com/markets" data-ga="6038cd8576a4560008db629a" data-modid="headers3" style="margin-right: 20px;" class="css-1kjmbpt">Markets</a><div style="display: inline-block;"><div style="display: block;" class="KuxDropDown-trigger"><div class="css-1kjmbpt">Trade<svg class="arrowIcon" viewBox="0 0 1024 1024" xmlns="http://www.w3.org/2000/svg" width="11" height="11" fill="#737E8D"><defs><style></style></defs><path d="M256 512v128l256 256 256-256V512H256z"></path></svg></div></div></div><div style="display: inline-block;"><div style="display: block;" class="KuxDropDown-trigger"><div class="css-1kjmbpt">Derivatives<svg class="arrowIcon" viewBox="0 0 1024 1024" xmlns="http://www.w3.org/2000/svg" width="11" height="11" fill="#737E8D"><defs><style></style></defs><path d="M256 512v128l256 256 256-256V512H256z"></path></svg></div></div></div><div style="display: inline-block;"><div style="display: block;" class="KuxDropDown-trigger"><div class="css-1kjmbpt">Earn<svg class="arrowIcon" viewBox="0 0 1024 1024" xmlns="http://www.w3.org/2000/svg" width="11" height="11" fill="#737E8D"><defs><style></style></defs><path d="M256 512v128l256 256 256-256V512H256z"></path></svg></div></div></div><div style="display: inline-block;"><div style="display: block;" class="KuxDropDown-trigger"><div class="css-1kjmbpt">NFT<svg class="arrowIcon" viewBox="0 0 1024 1024" xmlns="http://www.w3.org/2000/svg" width="11" height="11" fill="#737E8D"><defs><style></style></defs><path d="M256 512v128l256 256 256-256V512H256z"></path></svg></div></div></div><div style="display: inline-block;"><div style="display: block;" class="KuxDropDown-trigger"><div class="css-1kjmbpt">Wallet<svg class="arrowIcon" viewBox="0 0 1024 1024" xmlns="http://www.w3.org/2000/svg" width="11" height="11" fill="#737E8D"><defs><style></style></defs><path d="M256 512v128l256 256 256-256V512H256z"></path></svg></div></div></div><a href="https://www.kucoin.com/beginner-zone" data-ga="newbiezone" data-modid="headers9" class="css-1uipdii">Beginner Zone</a></div></div></div><div id="hook_nav_user" class="lrtcss-1sg2lsz"><div class="css-1y85doj"><div data-lang="en_US" class="css-1loyoed"><a href="https://www.kucoin.com/ucenter/signin" class="navUserItem" dat
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(www.kucoin.com) is an information intermediary service Platform
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(hereinafter referred to as the “Platform") that provides Users with
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digital asset trading and related services. The Platform provides
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services to Users registered with the Platform (hereinafter referred to
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as the “Users") in accordance with the terms and conditions of this
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Agreement (defined below), and this Agreement shall be legally binding
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between the Users and the Platform. The Platform hereby reminds the
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Users to carefully read and fully understand the terms and conditions of
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this Agreement, especially those terms and conditions of this Agreement
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that exclude or limit the liability of the Platform and exclude or
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restrict the rights and interests of the Users. The Users shall read
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carefully and choose to accept or reject this Agreement. Unless a User
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accepts all the terms and conditions of this Agreement, the User shall
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not be entitled to use the services provided by the Platform. If the
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User does not agree to the content of this Agreement or refuses to
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recognize the right of the Platform to make unilateral amendments to
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this Agreement at any time, the User shall promptly stop using and cease
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to access the Platform. By registering as a User of the Platform or
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using the services offered, a User is deemed to fully understand and
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fully accept all the terms and conditions of this Agreement, including
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any amendments that this Company may make to this Agreement at any time.</span></p><p></p><p><span style="color:#000000">For
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the convenience of wording in this Agreement, the Platform is
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collectively referred to as "we" or other applicable forms of
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first-person pronouns in this Agreement.All natural persons and other
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visitors who log onto this Website shall be referred to as "you" or any
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other applicable forms of the second-person pronouns. You and we are
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collectively referred to as “both parties”, and individually as “one
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party” herein.</span></p><p></p><p><strong><span style="color:#000000">Chapter 1 Definition and Interpretation</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 1</span> <span style="color:#000000">In
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this Agreement, the following terms and expressions shall have the
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meanings ascribed to them below, unless any term or condition herein
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requires otherwise: </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">Agreement:
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consists of this Service Agreement, the Privacy Policy, Rules against
|
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Money Laundering and Terrorism Financing, as well as any other rules,
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statements and guidelines <em>inter alia</em> that have been or may be released or published on the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">Force
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Majeure: includes maintenance of information network equipment, failure
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of access to information networks, failures of computer, communication
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or other systems, power failures, weather, accidents, industrial
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actions, labor disputes, riots, insurrections, disturbances, inadequacy
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in productivity or means of production, fires, floods, storms,
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explosions, wars or other factors on the part of cooperation partners,
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collapse of the digital asset market, government actions, judicial or
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administrative orders, and other circumstances that are beyond the
|
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control of the Platform. </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">Affiliate(s):
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if a company directly or indirectly controls another company, or is
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directly or indirectly under the control of another company, or
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otherwise has significant influence over another company or is under the
|
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significant influence of another company, the former is then an
|
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affiliated company of the latter; </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">Intellectual Property Rights: shall have the meaning ascribed to it under Article 88 of this Agreement.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 2</span> <span style="color:#000000">All
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codes or statutes or administrative regulations cited in this Agreement
|
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shall refer to the latest amended version thereof, regardless of
|
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whether such amendment is made before or after the signing of this
|
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Agreement.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 3</span> <span style="color:#000000">The
|
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headings of the terms and conditions of this Agreement are for
|
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convenience only and shall not be used for the purpose of interpreting
|
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the terms and conditions of this Agreement. References herein to any
|
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statement, term, condition, annex, schedule shall refer to statements,
|
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terms, conditions, annexes, and schedules hereunder.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 4</span> <span style="color:#000000">The
|
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term “include” used herein shall, under any and all circumstances,
|
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always have the meaning ascribed to the term, unless this Agreement
|
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|
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requires otherwise.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 5</span> <span style="color:#000000">Unless
|
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it is agreed otherwise herein, should there be any conflict or
|
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inconsistency between the documents hereunder, the validity of the
|
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|
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documents shall be prioritized in the following order, so as to resolve
|
|||
|
|
such conflict or inconsistency:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">User Service Agreement of KuCoin Website;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">Privacy Policy of KuCoin Website;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">Rules against Money Laundering and Terrorism Financing;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">other agreements, rules and guidelines as may be implemented from time to time.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 6</span> <span style="color:#000000">The
|
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Users may choose from among different language versions of the
|
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|
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Platform. Should there be any inconsistency or conflict between the
|
|||
|
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different language versions in terms of content, or should there be any
|
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|
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omission in one language version, the Chinese version of the Platform
|
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(and the corresponding terms, agreements, policies, etc., as indicated
|
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under Article 5) shall prevail.</span></p><p></p><p><strong><span style="color:#000000">Chapter 2 Basic Terms of the Platform</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 7</span> <span style="color:#000000">The Platform is an information intermediary service platform (website: <a href="http://www.hbg.com/" target="">www.kucoin.com</a>;
|
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if the Platform releases a new web address in the form of an
|
|||
|
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announcement, please visit the new web address). The Platform services
|
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are provided by this Company to its Users through various means, such as
|
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the Platform and clients. The specific content of the services mainly
|
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includes: release of digital asset trading information, digital asset
|
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|
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trading services, User services and other transaction facilitation
|
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services, subject to the content of the services actually provided by
|
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the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 8</span> <span style="color:#000000">In
|
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order to protect your rights and interests, you should carefully read
|
|||
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and fully understand all the terms and conditions of this User Service
|
|||
|
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Agreement before you voluntarily register to use the Platform services.
|
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Upon your registration with the Platform or use of the Platforms, it
|
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shall be deemed that you fully understand and accept this Agreement and
|
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any and all subsequent amendment that the Platform may make thereto at
|
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any time; and if you breach this Agreement, you shall be held
|
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contractually responsible for any and all legal consequences of such
|
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breach.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 9</span> <span style="color:#000000">The
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Platform may amend this Agreement at any time. Upon any change to the
|
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content of this Agreement, the Platform will release the latest version
|
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of this User Service Agreement, as amended, without notifying each User
|
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|
|
one by one. If a User does not agree with the amendment of this
|
|||
|
|
Agreement made by the Platform, the User has the right to stop using the
|
|||
|
|
Platform services. If the User continues to use the Platform services,
|
|||
|
|
it is deemed that the User accepts the amendment(s) made by the Platform
|
|||
|
|
to this Agreement and the User will adhere to the terms and conditions
|
|||
|
|
of this Agreement as amended. </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 10</span> <span style="color:#000000">As
|
|||
|
|
for the Platform's notices to the Users, and any other agreements,
|
|||
|
|
announcements or other notices in connection with the Users' use of
|
|||
|
|
their accounts and services, the Users agree that the Platform may
|
|||
|
|
deliver such notices, agreements and announcements by such electronic
|
|||
|
|
means as intra-Platform announcements, intra-website messages, e-mails,
|
|||
|
|
mobile phone short text messages, wireless communication devices, <em>inter alia</em>.
|
|||
|
|
or by such physical means as by post. Such notices, agreements and
|
|||
|
|
announcements shall be deemed to have been duly served on the addressees
|
|||
|
|
on the day when they are delivered (if they are sent to the Users by
|
|||
|
|
post, they shall be deemed to have been served on the third natural day
|
|||
|
|
after they are posted to the contact addresses of the Users retained on
|
|||
|
|
the Platform). If a User fails to receive any of the aforesaid notices,
|
|||
|
|
agreements or announcements on the date when it is deemed to have been
|
|||
|
|
served due to reasons not attributable to the Platform (including
|
|||
|
|
inaccurate or invalid e-mail address, mobile phone number, contact
|
|||
|
|
address, <em>inter alia</em>), the Platform shall not be held responsible in any manner whatsoever.</span></p><p></p><p><strong><span style="color:#000000">Chapter 3 Registered Users</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 11</span> <span style="color:#000000">Users must register with the Platform before they may access the Platform services.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 12</span> <span style="color:#000000">The
|
|||
|
|
Users who are individuals shall be natural persons who are at least 18
|
|||
|
|
years of age, or are deemed under the law of the country where they are
|
|||
|
|
located as natural persons having full capacities for civil rights and
|
|||
|
|
are capable of independently bearing civil liabilities.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 13</span> <span style="color:#000000">A
|
|||
|
|
legal person, organization or any other institution that intends to
|
|||
|
|
register as an institutional User with the Platform as a User thereof
|
|||
|
|
shall designate a representative who is a natural person that is at
|
|||
|
|
least 18 years of age or is deemed under the law of the country where
|
|||
|
|
such natural person is located as having full capacities for civil
|
|||
|
|
rights and capable of independently bearing civil liabilities to
|
|||
|
|
complete the registration with the Platform on behalf of such legal
|
|||
|
|
person, organization or institution. </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 14</span> <span style="color:#000000">Upon
|
|||
|
|
your clicking the "agree to register" button, you or the organization
|
|||
|
|
you are duly authorized to represent shall be deemed as having agreed to
|
|||
|
|
the entire content of this Agreement, and you or the organization you
|
|||
|
|
represent shall be bound by this Agreement. If you do not have any of
|
|||
|
|
the qualifications required under Article 12 or Article 13 of this
|
|||
|
|
Agreement, then you and the institution that you are authorized to
|
|||
|
|
represent shall bear any and all the consequences resulting therefrom,
|
|||
|
|
and the Platform reserves the right to cancel or permanently freeze your
|
|||
|
|
account and to hold you and the institution that you are authorized to
|
|||
|
|
represent accountable.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 15</span> <span style="color:#000000">You
|
|||
|
|
agree to provide such information as your name, email address, mobile
|
|||
|
|
phone number, nationality, Identity (“ID”) card number <em>inter alia</em>, as is required by the Platform’s User registration page.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 16</span> <span style="color:#000000">Before
|
|||
|
|
or after a User’s registration with the Platform, the Platform shall
|
|||
|
|
have the right to require the User to provide more information or data
|
|||
|
|
in accordance with the requirements of any of the applicable laws,
|
|||
|
|
regulations, rules, orders and other regulatory documents of the country
|
|||
|
|
or region where the User is located. The User should cooperate with the
|
|||
|
|
Platform by and shall be responsible for, submitting the requisite
|
|||
|
|
information or materials and adopting reasonable measures to meet the
|
|||
|
|
requirements of local regulatory requirements.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 17</span> <span style="color:#000000">Each User shall hereby make the following undertakings:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">the
|
|||
|
|
User registers with the Platform and uses the Platform for the purpose
|
|||
|
|
of legally trading the User’s own digital assets, and does not have any
|
|||
|
|
intention to use the Platform to violate any law or regulation or
|
|||
|
|
undermine the trading order of digital assets;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">the User must provide truthful, up-to-date, valid and complete information as is required by the Platform;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">the
|
|||
|
|
User must guarantee and undertake that the funds the User uses in
|
|||
|
|
trading through the Platform are from legal sources and has not been
|
|||
|
|
derived from any illegal activities or means; </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">the User has the obligation to maintain and update the User profile and ensure that it is true, up-to-date, valid and complete;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">the
|
|||
|
|
User (whether as an individual or body incorporate) is not a resident
|
|||
|
|
of or registered in, any of the jurisdictions that the Platform has
|
|||
|
|
deemed to be high risk (such list may be updated from time to time at
|
|||
|
|
the Platform’s sole and absolute discretion)</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(6)</span> <span style="color:#000000">access
|
|||
|
|
to the Platform or utilization of services thereof does not breach any
|
|||
|
|
applicable law or regulation in the jurisdiction in which the User is
|
|||
|
|
residing (any laws restricting the sale, purchase, holding, or dealing
|
|||
|
|
with, digital assets). </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(7)</span> <span style="color:#000000">in
|
|||
|
|
addition to this Agreement, the User shall also comply with all rules
|
|||
|
|
issued and updated by the Platform from time to time, including
|
|||
|
|
announcements, product flow descriptions, Platform project descriptions,
|
|||
|
|
risk alerts, <em>inter alia</em>.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 18</span> <span style="color:#000000">Unless
|
|||
|
|
the information submitted by a User is obviously false, wrong and
|
|||
|
|
incomplete, the Platform has the right to rely on the information
|
|||
|
|
provided by the User.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 19</span> <span style="color:#000000">If the User violates any of his/her/its undertakings under Article 17 of this Agreement:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">the
|
|||
|
|
Platform has the right to adopt such measures as suspending or the
|
|||
|
|
User’s account with the Platform and refusing to allow the User to use
|
|||
|
|
part or all of the functions of the Platform services (including access
|
|||
|
|
to the User’s digital assets). In this case, the Platform shall not be
|
|||
|
|
held responsible in any manner whatsoever and the User agrees to bear
|
|||
|
|
any and all direct or indirect expenses or losses arising therefrom;</span></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">if
|
|||
|
|
the Platform services cannot be provided or any error occurs in the
|
|||
|
|
provision of such services due to the User’s failure to update
|
|||
|
|
his/her/its profile or provide the necessary information requested by
|
|||
|
|
the Platform, the User may not use it as an excuse for canceling a
|
|||
|
|
transaction or refusing to pay, and the Platform shall not bear any
|
|||
|
|
responsibility whatsoever; and all consequences shall be borne
|
|||
|
|
exclusively by the User;</span></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">the
|
|||
|
|
User shall bear any and all direct or indirect losses and adverse
|
|||
|
|
consequences arising from the User’s breach of any of the undertakings;
|
|||
|
|
any and all illicit gains that the User may gain from such breach shall
|
|||
|
|
be deducted, and the Platform reserves the right to hold Users
|
|||
|
|
accountable.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 20</span> <span style="color:#000000">After
|
|||
|
|
you legally, completely, and effectively provide all the necessary
|
|||
|
|
information for registration and such information is duly verified, the
|
|||
|
|
registration process is completed, upon which, you officially become a
|
|||
|
|
User of the Platform and can log into the Platform as a User thereof.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 21</span> <span style="color:#000000">The
|
|||
|
|
Platform shall have the right to terminate the registration of a User
|
|||
|
|
as such or terminate the User’s access to his/her/its account with the
|
|||
|
|
Platform (in its sole and absolute discretion) if the Platform finds out
|
|||
|
|
that the User is not suitable for high-risk investment and/or if the
|
|||
|
|
Platform is of the view (in its sole and absolute discretion) that the
|
|||
|
|
User has breached any of the terms of this Agreement.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 22</span> <span style="color:#000000">Notwithstanding
|
|||
|
|
the other terms and conditions of this Agreement, the Platform has the
|
|||
|
|
discretion to determine whether a User can pass the Platform User
|
|||
|
|
authentication and whether to cancel the registration of the User who
|
|||
|
|
has already been authenticated. The Platform has the right to refuse to
|
|||
|
|
permit or cancel the registration of any User, and has no obligation to
|
|||
|
|
inform the User of the reason for rejecting the registration thereof.
|
|||
|
|
The Platform does not bear any direct or indirect losses suffered by the
|
|||
|
|
User due to the Platform's refusal to permit the registration of such
|
|||
|
|
User, and the Platform reserves the right to hold the User accountable.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 23</span> <span style="color:#000000">Users
|
|||
|
|
register as Users of the Platform on the basis of their free will. The
|
|||
|
|
Platform does not force, induce, deceive, or otherwise exert influence
|
|||
|
|
on them in an unfair manner, so that they would register with the
|
|||
|
|
Platform.</span></p><p></p><p><strong><span style="color:#000000">Chapter 4 Content of Platform services for Registered Users</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 24</span> <span style="color:#000000">The Platform provides the following services to Users who have completed their registration with the Platform:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">relevant information disclosed by digital assets projects;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">real-time quotation and trading information of various digital assets projects;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">digital asset trading services;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">customer services;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">technical and management services ensuring the normal operation of the Platform; </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(6)</span> <span style="color:#000000">other services publicly announced by the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 25</span> <span style="color:#000000"><strong>The
|
|||
|
|
Platform, as is entrusted by digital asset project owners, releases
|
|||
|
|
information related to and provides matching services for transactions
|
|||
|
|
in digital assets in accordance with Article 24 of this Agreement. The
|
|||
|
|
Platform is only responsible for reviewing the text of information
|
|||
|
|
released by the digital asset project owners, and does not guarantee or
|
|||
|
|
assume any responsibility for the accuracy, completeness or legality of
|
|||
|
|
such information. The Users shall make decisions based on their
|
|||
|
|
independent judgment and shall engage their own advisors and/or conduct
|
|||
|
|
their own research. If Users conduct digital asset transactions based on
|
|||
|
|
such information, the risks arising therefrom shall be borne
|
|||
|
|
exclusively by the Users themselves, and the Users have no right to
|
|||
|
|
propose any legal claim to the Platform on the basis of such risks. Any
|
|||
|
|
dispute between a User and the digital asset project owner arising from
|
|||
|
|
or related to transaction shall be settled by and between the parties to
|
|||
|
|
the dispute themselves, and the Platform shall not bear any transaction
|
|||
|
|
risk or legal liability whatsoever. </strong></span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 26</span> <span style="color:#000000">The digital asset trading services mentioned under Article 24 of this Agreement shall include the following:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">User
|
|||
|
|
Accounts: a User account will be generated upon a User’s registration
|
|||
|
|
with the Platform. The User account will record the User's activities on
|
|||
|
|
the Platform. The above-mentioned User account is the only account for
|
|||
|
|
the User to log on to the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">Digital
|
|||
|
|
asset trading: Users can submit digital asset trading instructions
|
|||
|
|
through the Platform and trade other digital assets with digital assets
|
|||
|
|
in their User accounts.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">Digital
|
|||
|
|
assets deposit and withdrawal: a User can transfer digital assets from
|
|||
|
|
other addresses to designated addresses in the User’s account, or
|
|||
|
|
transfer digital assets from the User’s account to other addresses.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">Updating
|
|||
|
|
trading status: the User confirms that the digital asset trading status
|
|||
|
|
confirmed by the User in accordance with the Platform services
|
|||
|
|
procedures on the Platform will become an irrevocable instruction for
|
|||
|
|
the Platform to conduct relevant transactions or operations for the
|
|||
|
|
User. The User agrees that the execution time of relevant instructions
|
|||
|
|
shall be based on the actual operation time of the Platform in the
|
|||
|
|
Platform system. The User agrees that the Platform has the right to
|
|||
|
|
handle relevant matters in accordance with this Agreement and/or the
|
|||
|
|
relevant dispute resolution rules of the Platform. Any dispute or loss
|
|||
|
|
caused by User’s failure to amend or confirm the transaction status, or
|
|||
|
|
to submit relevant applications in a timely manner, shall be borne by
|
|||
|
|
the User exclusively, and the Platform shall not bear any responsibility
|
|||
|
|
whatsoever.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">Transmission
|
|||
|
|
of trading instructions: the Platform transmits the User’s trading
|
|||
|
|
instructions at the time the User inputs the trading instructions and
|
|||
|
|
data. The User understands that the Platform is the matchmaker of
|
|||
|
|
digital asset transactions, not a buyer or seller participating in the
|
|||
|
|
transaction of digital asset transactions itself, and that the Platform
|
|||
|
|
does not provide any services relating to the deposit or withdrawal of
|
|||
|
|
the legal tender of any country.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(6)</span> <span style="color:#000000">Transaction
|
|||
|
|
inquiry: the Platform will record all of the User's operations on the
|
|||
|
|
Platform, regardless of whether the purpose of such operations is
|
|||
|
|
finally achieved. The User can query such transaction records under the
|
|||
|
|
User’s account in real time via such User’s account.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(7)</span> <span style="color:#000000">Transaction
|
|||
|
|
security settings: the Platform has the right to carry out the settings
|
|||
|
|
of transaction-related matters from time to time based on
|
|||
|
|
considerations of such factors as transaction security, including
|
|||
|
|
transaction limits and transaction times, <em>inter alia</em>. The Users
|
|||
|
|
understand that the aforesaid settings of the Platform may cause
|
|||
|
|
certain inconveniences in trading, and the Users have no objection
|
|||
|
|
thereto.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(8)</span> <span style="color:#000000">Handling
|
|||
|
|
of system failures: if the Platform uncovers a handling error caused by
|
|||
|
|
a system failure or any other reason, the Platform has the right to
|
|||
|
|
correct the error regardless of whether it is beneficial to the Platform
|
|||
|
|
or its Users. Where due to such error, the User actually receives more
|
|||
|
|
digital assets than the amount that such User should have received, then
|
|||
|
|
regardless of the nature and reason of the error, the Platform reserves
|
|||
|
|
the right to correct such improperly executed transaction and the User
|
|||
|
|
shall return the overcharged digital assets or perform other operations
|
|||
|
|
in accordance with the specific requirements of the Platform's notice to
|
|||
|
|
the User regarding the correction of such error. The User understands
|
|||
|
|
and agrees that the Platform will not assume any losses or
|
|||
|
|
responsibilities caused by the aforesaid handling error.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 27</span> <span style="color:#000000">Except
|
|||
|
|
for the services listed under Article 24 of this Agreement and the
|
|||
|
|
technical services announced by the Platform, the Platform cannot
|
|||
|
|
provide any investment, legal, taxation or other professional opinions
|
|||
|
|
to the Users in connection with digital asset transactions. Moreover,
|
|||
|
|
any information, discussion, analysis, price and other information
|
|||
|
|
provided by any Platform are general comments and do not amount to
|
|||
|
|
advice to the Users in connection with any digital asset transaction. A
|
|||
|
|
User that needs any professional advice should consult relevant
|
|||
|
|
professionals for professional advice on investment, law, taxation or
|
|||
|
|
other professional advice related to digital cash transactions. The
|
|||
|
|
Platform does not assume any direct or indirect losses (including any
|
|||
|
|
loss of profits) caused by a User's reliance on the above-mentioned
|
|||
|
|
general comments.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 28</span> <span style="color:#000000">The
|
|||
|
|
services provided by the Platform shall not be understood or used to
|
|||
|
|
make offers to Users in any country or region that determines that the
|
|||
|
|
services provided by the Platform are illegal.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 29</span> <span style="color:#000000">Users shall observe the following trading rules in the process of trading digital assets using this Platform:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">Browsing
|
|||
|
|
trading information: when browsing trading information on the Platform,
|
|||
|
|
the Users should carefully read all the content in the trading
|
|||
|
|
information, including price, entrusted amount, handling fees and buying
|
|||
|
|
or selling direction. The Users should click on the button to conduct
|
|||
|
|
transaction after fully understanding and accepting all the content in
|
|||
|
|
the trading information.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">Submission
|
|||
|
|
of entrustment: after understanding and completely receiving all the
|
|||
|
|
content of the trading information, Users can enter the digital asset
|
|||
|
|
trading information and submit the transaction entrustment after
|
|||
|
|
confirming that the information is correct. Upon submission of the
|
|||
|
|
transaction authorization to the Platform, the User shall be deemed as
|
|||
|
|
having authorized the Platform to act as an agent for the User to carry
|
|||
|
|
out corresponding transaction matching in accordance with the digital
|
|||
|
|
asset trading information input by the User. The User acknowledges and
|
|||
|
|
agrees that when there is a digital asset transaction that meets the
|
|||
|
|
User's entrusted transaction price, the Platform will automatically
|
|||
|
|
complete the transaction matching without notifying Users in advance.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">Inquiry
|
|||
|
|
of transaction details: a User can view the corresponding transaction
|
|||
|
|
records of digital assets through the transaction details in the
|
|||
|
|
personal account of such User.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">Revocation
|
|||
|
|
or amendment of entrustment: the User acknowledges that the User has
|
|||
|
|
the right to revoke or amend the entrustment at any time before the
|
|||
|
|
digital asset transaction matching is completed.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 30</span> <span style="color:#000000">The
|
|||
|
|
Platform has the right to amend, suspend or permanently terminate some
|
|||
|
|
or all of the services the Platform provides to a User for any of the
|
|||
|
|
following reasons:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">as is required by any of the laws, regulations, rules and orders of the sovereign country or region where the User is based;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">as may be necessary for the Platform to protect the legitimate interests of the Platform or customers thereof;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">there is any change to the trading rules of digital assets;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">any other justifiable reason.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 31</span> <span style="color:#000000">If
|
|||
|
|
the Platform modifies, suspends or permanently terminates some or all
|
|||
|
|
of the services that the Platform offers to a User based on Article 30
|
|||
|
|
of this Agreement, the effective date of such modification, suspension
|
|||
|
|
or termination shall be subject to the Platform’s announcement.</span></p><p></p><p><strong><span style="color:#000000">Chapter 5 Fiat Services </span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 32</span> <span style="color:#000000">The Users understand and agree that:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">the
|
|||
|
|
Platform has engaged several payment service providers, liquidity
|
|||
|
|
providers and market makers as authorized service providers to provide
|
|||
|
|
fiat-to-digital assets exchange services (depending on the Users
|
|||
|
|
jurisdiction and the fiat currency with the User may elect to purchase
|
|||
|
|
digital assets) the (respectively, the “Exchange Service Providers” and
|
|||
|
|
the “Fiat Services”);</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">the Exchange Service Providers never facilitate any service other than the Fiat Services;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">the Platform shall have no obligation or responsibility to the User as to the Fiat Services; </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">the
|
|||
|
|
utilization of the Fiat Services shall be subject to the respective
|
|||
|
|
terms and conditions of the Exchange Service Providers and governed in
|
|||
|
|
the respective jurisdiction of the Exchange Service Providers; </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">the
|
|||
|
|
Platform retains the right to suspend/restrict/instruct the Exchange
|
|||
|
|
Service Providers to restrict any Fiat Services or impose any other
|
|||
|
|
measures necessary (including, without limitation, the clawing back of
|
|||
|
|
funds for any outstanding fees owed to the Platform), if the Users
|
|||
|
|
breach any of the terms in this Agreement or such other terms and
|
|||
|
|
conditions that may be implemented on the Platform. </span></p><p></p><p><strong><span style="color:#000000">Chapter 6 Account Security and Management</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 33</span> <span style="color:#000000">The
|
|||
|
|
Users understand and agree that it is the responsibility of the Users
|
|||
|
|
to ensure the confidentiality and security of their accounts and
|
|||
|
|
passwords. The Users will assume full responsibility for all actions and
|
|||
|
|
statements made using the Users’ accounts and passwords and agree to
|
|||
|
|
the following:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">Users
|
|||
|
|
should create passwords in accordance with relevant rules of the
|
|||
|
|
Platform and relevant prompts of the Platform (passwords include but are
|
|||
|
|
not limited to login passwords, fund passwords, mobile phone numbers
|
|||
|
|
bound when registering accounts, mobile phone verification codes
|
|||
|
|
received via mobile phones, Google verification, <em>inter alia</em>.
|
|||
|
|
Specific forms thereof may change; the same hereinafter. They should
|
|||
|
|
avoid choosing overly obvious words or dates as their passwords, such as
|
|||
|
|
Users' names, nicknames, birthdays, <em>inter alia</em>.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">The
|
|||
|
|
Users shall not disclose their accounts or passwords to any other
|
|||
|
|
person, nor shall they use the accounts or passwords of any other
|
|||
|
|
person. If the account of a User is illegally used by any other person
|
|||
|
|
due to factors not attributable to the Platform, e.g, hacking, virus or
|
|||
|
|
negligence on the part of the User, the Platform will not assume any
|
|||
|
|
responsibility whatsoever;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">the
|
|||
|
|
Users are prohibited from giving, lending, renting out, transferring or
|
|||
|
|
otherwise disposing of the Platform account to any third party without
|
|||
|
|
the consent of the Platform;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">the
|
|||
|
|
Platform recognizes the Users’ instructions through the Users’ accounts
|
|||
|
|
and passwords. The Users hereby confirm that all their conduct on the
|
|||
|
|
Platform after they log into the Platform using their accounts and
|
|||
|
|
passwords shall represent the Users themselves. The electronic
|
|||
|
|
information records generated by the operation of the Users’ accounts
|
|||
|
|
are all valid evidence of the Users’ conduct, and the Users shall bear
|
|||
|
|
any and all the responsibilities arising therefrom.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">The
|
|||
|
|
Users shall adopt appropriate measures to ensure the security of their
|
|||
|
|
accounts and passwords after the Platform notifies the Users of
|
|||
|
|
foreseeable security risk.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(6)</span> <span style="color:#000000">Where
|
|||
|
|
any person uses the account and password of a User without due
|
|||
|
|
authorization, the Platform and the legally authorized subject reserve
|
|||
|
|
the right to hold the actual User jointly and severally liable. </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 34</span> <span style="color:#000000">If
|
|||
|
|
a User discovers that a third person fraudulently uses or embezzles the
|
|||
|
|
User's account and password, or such third person’s use of the User’s
|
|||
|
|
account involves any absence of requisite and due authorization, the
|
|||
|
|
User shall promptly notify the Platform in an effective manner and
|
|||
|
|
request the Platform to suspend relevant services; otherwise all the
|
|||
|
|
responsibilities arising from such use shall be borne by the User
|
|||
|
|
exclusively. Furthermore, the User understands that the Platform needs a
|
|||
|
|
reasonable period of time to take action on the User's request; the
|
|||
|
|
Platform shall not be held liable for any loss that may arise in
|
|||
|
|
connection with such third person’s use of the services before the
|
|||
|
|
Platform takes action.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 35</span> <span style="color:#000000">Where
|
|||
|
|
the Platform deems on its unilateral and independent judgement that any
|
|||
|
|
event that undermines the security of trading may arise, the Platform
|
|||
|
|
shall have the right to suspend, interrupt or terminate all or part of
|
|||
|
|
the User services (including fee-based services) provided to a User
|
|||
|
|
under this Agreement, remove or delete registration information of such a
|
|||
|
|
User, seize illicit profits that the User may gain, without notifying
|
|||
|
|
such User and without assuming any responsibility to such User or any
|
|||
|
|
third party. The aforementioned events include:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">the
|
|||
|
|
Platform believes that the information provided by the User is not
|
|||
|
|
authentic, valid or complete, e.g, where the User registers with the
|
|||
|
|
Platform on the basis of identity information of any other person that
|
|||
|
|
the User uses without due authorization, or the information provided by
|
|||
|
|
the User for verification is inconsistent with relevant facts;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">the Platform uncovers any abnormal transaction by the User or any transaction by the User is suspicious or may be illegal;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">the
|
|||
|
|
Platform believes that the User’s account is suspected of being
|
|||
|
|
involved in money laundering, cash-out, pyramid selling, fraudulent use
|
|||
|
|
or other situations that the Platform believes are risky or unlawful;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">the
|
|||
|
|
Platform discovers that the User uses any illegal or improper technical
|
|||
|
|
means to engage in any activity that endangers the security of trading
|
|||
|
|
or affects fair trading, including tampering with transaction data,
|
|||
|
|
stealing customer information, stealing transaction data, attacking
|
|||
|
|
other registered accounts through the Platform, inter alia;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">the Platform believes that the User has violated any of the rules under this Agreement or the spirit thereof;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(6)</span> <span style="color:#000000">the User account has not been logged in or actually used for one year in a row, or the amount of digital assets</span></p><p><span style="color:#000000"> in the account is zero;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(7)</span> <span style="color:#000000">any other circumstances under which the User breaches this Agreement;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(8)</span> <span style="color:#000000">other
|
|||
|
|
circumstances under which the Platform, based on its sole judgment,
|
|||
|
|
needs to suspend, interrupt or terminate all or part of the User
|
|||
|
|
services (including fee-based services) provided to Users under this
|
|||
|
|
Agreement and remove or delete the registration information on the
|
|||
|
|
ground of transaction security and other reasons. </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 36</span> <span style="color:#000000">When
|
|||
|
|
a User decides to cease to use his/her/its User account, the User shall
|
|||
|
|
first pay off all outstanding payables (including service fees, inter
|
|||
|
|
alia), then withdraw all available digital assets (if any) from the User
|
|||
|
|
account that are eligible for withdrawal, apply to the Platform for
|
|||
|
|
freezing the User account, and formally cancel the User account upon
|
|||
|
|
approval by the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 37</span> <span style="color:#000000">The
|
|||
|
|
User agrees that if the identity verification procedure for his/her/its
|
|||
|
|
User account fails to be completed, and the account fails to be logged
|
|||
|
|
into for a year in a row, the Platform has the right to terminate the
|
|||
|
|
supply of User account services without prior notice to the User, and
|
|||
|
|
the Platform may promptly suspend, close or delete the User account and
|
|||
|
|
all relevant materials and files in the User account.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 38</span> <span style="color:#000000">The
|
|||
|
|
User agrees that the suspension, interruption or termination of the
|
|||
|
|
User's account does not represent the termination of the User's
|
|||
|
|
responsibilities. The User shall still be liable for any possible breach
|
|||
|
|
of agreement or damages that may arise due to or in connection with
|
|||
|
|
such User’s conduct during the time when such User uses the services
|
|||
|
|
provided by the Platform; furthermore, the Platform may continue keeping
|
|||
|
|
relevant information of the User.</span></p><p></p><p><strong><span style="color:#000000">Chapter 7 Guarantees and Undertakings of Users</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 39</span> <span style="color:#000000">The
|
|||
|
|
Users undertake that they will never use the Platform services for any
|
|||
|
|
illegal purpose or in any illegal way, and undertake to abide by the
|
|||
|
|
relevant laws and regulations of the country where they are located, as
|
|||
|
|
well as all international practices relating to the use of the Internet,
|
|||
|
|
and to abide by all network protocols, rules and procedures related to
|
|||
|
|
the Platform services.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 40</span> <span style="color:#000000">The
|
|||
|
|
Users agree and guarantee that they will not use the Platform services
|
|||
|
|
to engage in any infringement of the rights and interests of any other
|
|||
|
|
person or for any illegal conduct, and they shall bear any and all legal
|
|||
|
|
liabilities if they breach such guarantee. The above-mentioned
|
|||
|
|
infringements and conduct include:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">accessing the Platform services in the name of any other person without being duly authorized by such person;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">engaging
|
|||
|
|
in any illegal transaction, such as trafficking of firearms, narcotics,
|
|||
|
|
forbidden drugs, pirated software or other prohibited items;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">providing gambling information or inducing in any manner any other person to engage in gambling;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">engaging in suspected money laundering, cash-out or pyramid selling activities;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">engaging
|
|||
|
|
in any conduct that may result in vulnerability to computer virus or
|
|||
|
|
may damage the Platform services system or data therein;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(6)</span> <span style="color:#000000">using
|
|||
|
|
the Platform services system to engage in any activity that may
|
|||
|
|
adversely affect the normal operation of the Internet or mobile computer
|
|||
|
|
network;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(7)</span> <span style="color:#000000">maliciously
|
|||
|
|
interfering with the normal proceeding of digital asset transaction and
|
|||
|
|
disrupting the order of digital asset trading;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(8)</span> <span style="color:#000000">using
|
|||
|
|
any technical means or other means to interfere with the normal
|
|||
|
|
operation of the Platform or interfering with the use of Platform
|
|||
|
|
services by any other User;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(9)</span> <span style="color:#000000">maliciously defaming the goodwill of the Platform by fabrication or exaggeration;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(10)</span> <span style="color:#000000">any other conduct that is justifiably deemed by the Platform as inappropriate.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 41</span> <span style="color:#000000">The
|
|||
|
|
Platform reserves the right to delete all types of information of a
|
|||
|
|
User in the Platform that does not conform to legal policies or is
|
|||
|
|
untrue or inappropriate on the basis of the independent judgement by the
|
|||
|
|
Platform, without notifying the User and without assuming any
|
|||
|
|
responsibility. If the User fails to comply with the above provisions,
|
|||
|
|
the Platform has the right to take measures such as suspending or
|
|||
|
|
closing the User’ account on the basis of its own independent judgement
|
|||
|
|
and without assuming any responsibility.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 42</span> <span style="color:#000000">The
|
|||
|
|
User agrees that if any third party initiates or launches any claim or
|
|||
|
|
demand for compensation (including attorney fees) on the ground that the
|
|||
|
|
User breaches this Agreement or violates any document that is
|
|||
|
|
incorporated into this Agreement by reference and becomes a part of this
|
|||
|
|
Agreement, or that the User’s use of the Platform services violates any
|
|||
|
|
law or infringes on any right of the third Party, the User will
|
|||
|
|
indemnify and hold harmless the Platform and affiliated parties thereof,
|
|||
|
|
cooperation partners, directors and employees thereof against such
|
|||
|
|
claim or demand.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 43</span> <span style="color:#000000">The
|
|||
|
|
User undertakes that the information uploaded or released by the User
|
|||
|
|
through the Platform is authentic and valid, and any and all the
|
|||
|
|
information the User submits to the Platform is authentic, valid,
|
|||
|
|
complete, detailed and accurate. If the Platform or any other User of
|
|||
|
|
the Platform suffers any loss due to the User’s breach of the above
|
|||
|
|
undertakings, the User will assume corresponding liabilities.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 44</span> <span style="color:#000000">The
|
|||
|
|
Users understand and agree that the Platform provides services to
|
|||
|
|
eligible Users. The Platform does not assume any responsibility for the
|
|||
|
|
investment or trading of digital assets on the Platform. The Platform
|
|||
|
|
cannot and does not have the obligation to ensure the success of the
|
|||
|
|
Users’ investment. The losses arising from the Users’ investment or
|
|||
|
|
transaction of digital assets shall be borne by the Users exclusively,
|
|||
|
|
and the Platform may not be held liable for such loss in any manner
|
|||
|
|
whatsoever.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 45</span> <span style="color:#000000">A
|
|||
|
|
User agrees to take responsibilities for all activities that occur in
|
|||
|
|
his/her/its registered account with the Platform (including information
|
|||
|
|
disclosures, information releases, clicks to agree to various
|
|||
|
|
agreements, upload and submission of various documents, clicks to agree
|
|||
|
|
to renew various agreements or clicks to agree to digital cash
|
|||
|
|
transactions, inter alia), and during the above-mentioned activities, if
|
|||
|
|
the User fails to comply with the terms and conditions of this
|
|||
|
|
Agreement or the operating instructions in the trading rules published
|
|||
|
|
by the Platform, the Platform shall not be held liable in any manner
|
|||
|
|
whatsoever.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 46</span> <span style="color:#000000">The
|
|||
|
|
Users agree that the Platform has the right to place various commercial
|
|||
|
|
advertisements or other commercial information of any kind in various
|
|||
|
|
ways during the course of providing Platform services (including placing
|
|||
|
|
advertisements on any page of the Platform website), and the Users
|
|||
|
|
agree to accept the commercial promotions or other relevant commercial
|
|||
|
|
information that the Platform sends to the Users by email or other
|
|||
|
|
means.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 47</span> <span style="color:#000000">The
|
|||
|
|
Users agree that if a User has any dispute with a project owner or any
|
|||
|
|
other third party in connection with any digital asset transaction, they
|
|||
|
|
shall not request the Platform to provide relevant information through
|
|||
|
|
channels other than judicial or administrative channels.</span></p><p></p><p><strong><span style="color:#000000">Chapter 8 Service Interruption or Failure</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 48</span> <span style="color:#000000">The
|
|||
|
|
Users agree that in view of the unique nature of the Internet, the
|
|||
|
|
Platform does not guarantee that services will not be interrupted, nor
|
|||
|
|
does it guarantee the timeliness and/or security of the services. If the
|
|||
|
|
system is unable to operate normally due to any event, as a result of
|
|||
|
|
which the Users cannot use any of the Platform services or their use of
|
|||
|
|
the services is adversely affected, the Platform shall not be held
|
|||
|
|
responsible to the Users or any third party. The aforesaid events
|
|||
|
|
include:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">where the Platform system is shut down for maintenance;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">where there is any error or failure in the telecommunication equipment, as a result of which it is impossible to transmit data;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">where
|
|||
|
|
the Platform services are interrupted or delayed due to such factors as
|
|||
|
|
hacker attacks, technical adjustments or failures on the party of
|
|||
|
|
network service providers, or website upgrades, <em>inter alia</em>;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">where
|
|||
|
|
the Platform system is unable to function due to force majeure factors
|
|||
|
|
such as typhoons, earthquakes, tsunamis, floods, power outages, wars,
|
|||
|
|
terrorist attacks, <em>inter alia</em>.</span></p><p></p><p><strong><span style="color:#000000">Chapter 9 Scope and Limitation of Responsibilities</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 49</span> <span style="color:#000000">The Platform does not provide any form of guarantee for any Platform services, including the following:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">Platform services will meet the needs of Users;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">Platform services will be provided in a timely manner without any interference or error;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">any
|
|||
|
|
products, services, information or other materials purchased or
|
|||
|
|
obtained by Users through Platform services will meet the expectations
|
|||
|
|
of the Users;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">all
|
|||
|
|
information, programs, text, data and other information contained in
|
|||
|
|
the Platform are completely safe and free from interference and
|
|||
|
|
destruction by any malicious programs such as viruses and Trojans;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">all
|
|||
|
|
the calculation results of transactions have been duly verified by the
|
|||
|
|
Platform; the corresponding calculation methods will be publicized on
|
|||
|
|
the Platform, but the Platform cannot guarantee that there is no error
|
|||
|
|
or interference in such calculation.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 50</span> <span style="color:#000000">The
|
|||
|
|
Users acknowledge and agree that under no circumstance will the
|
|||
|
|
Platform assume responsibilities for any of the events below:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">loss of the income of Users;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">loss in the Users’ transaction profits or contractual loss;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">losses arising from interruption, suspension or termination of services;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">losses of expected saved transaction cost;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">losses caused by information transmission problems;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(6)</span> <span style="color:#000000">loss of investment or trading opportunities;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(7)</span> <span style="color:#000000">loss of goodwill or reputation;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(8)</span> <span style="color:#000000">losses caused by loss of or damage to data;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(9)</span> <span style="color:#000000">the cost of purchasing alternative products or services;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(10)</span> <span style="color:#000000">any
|
|||
|
|
indirect, special or incidental losses caused by infringement
|
|||
|
|
(including intentional infringement and negligence), breach of
|
|||
|
|
agreement, or any other reason, regardless of whether such losses are
|
|||
|
|
reasonably foreseeable by the Platform or not, or whether the Platform
|
|||
|
|
is previously informed of the possibility of such losses.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 51</span> <span style="color:#000000">The
|
|||
|
|
Users understand and agree that under no circumstances, shall the
|
|||
|
|
Platform be required or obliged to indemnify the Users for all or part
|
|||
|
|
of their losses, including (without limitation):</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">where the Platform reasonably believes or suspects that Users' conduct on the Platform is illegal or immoral.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">where the Users mistakenly believe that losses are caused by factors attributable to the Platform;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">any other losses caused by factors not attributable to the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 52</span> <span style="color:#000000">The
|
|||
|
|
quality and content of services provided by any cooperation partner of
|
|||
|
|
the Platform services shall be the responsibility of such cooperation
|
|||
|
|
partner itself. The content of the Platform may involve other websites
|
|||
|
|
owned, controlled or operated by third parties (hereinafter referred to
|
|||
|
|
as "Third-party Websites"). The Platform cannot guarantee, and has no
|
|||
|
|
obligation to guarantee the authenticity and validity of any information
|
|||
|
|
on the Third-party Websites. The Users confirm to use the Third-party
|
|||
|
|
Website in accordance with the service agreement of the Third-party
|
|||
|
|
Websites instead of this Agreement. The Third-party Websites are neither
|
|||
|
|
recommended nor introduced by the Platform. The Users shall judge the
|
|||
|
|
content, products, advertisements and any other information of the
|
|||
|
|
Third-party Websites at their discretion and assume the corresponding
|
|||
|
|
risk on their own, all of which are not related to the Platform in any
|
|||
|
|
manner whatsoever. The Users shall judge at their sole discretion any
|
|||
|
|
and all data that they download or obtain by using the Platform services
|
|||
|
|
an assume relevant risks; any and all damage caused by the downloaded
|
|||
|
|
data shall be exclusively borne by the Users.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 53</span> <span style="color:#000000">The
|
|||
|
|
advice or information obtained by Users from the Platform and staff
|
|||
|
|
thereof or through Platform services, whether written or oral, do not
|
|||
|
|
constitute any guarantee for Platform services.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 54</span> <span style="color:#000000">The
|
|||
|
|
Platform does not guarantee the accuracy, validity, security or
|
|||
|
|
integrity of the external links that it lists in order to provide
|
|||
|
|
convenience to the Users. Furthermore, the Platform does not assume any
|
|||
|
|
responsibility for the content on any web page that such external links
|
|||
|
|
may point to and that is not actually controlled by the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 55</span> <span style="color:#000000">To
|
|||
|
|
the extent permitted by law, the Platform shall not be held liable in
|
|||
|
|
any manner whatsoever for any indirect, punitive, special and derivative
|
|||
|
|
losses (including business losses, loss of profits, loss of use data or
|
|||
|
|
other economic benefits) in connection with or arising from this
|
|||
|
|
Agreement, or arising from using the Platform, or from using any of the
|
|||
|
|
information, content, materials, products (including software) and
|
|||
|
|
services provided to the Users through the Platform, or from the
|
|||
|
|
purchase and use of products, regardless of how they arise, and
|
|||
|
|
regardless whether they arise due to any breach of this Agreement
|
|||
|
|
(including any breach of the guarantees or undertakings hereunder) or
|
|||
|
|
infringement. In addition, even if the exclusive relief provided in this
|
|||
|
|
Agreement does not achieve its basic purpose, the Platform shall also
|
|||
|
|
be excluded from any liability for the above losses.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 56</span> <span style="color:#000000">Unless
|
|||
|
|
this Agreement stipulates otherwise, under any circumstances, the total
|
|||
|
|
liability of the Platform for breach of agreement under this Agreement
|
|||
|
|
shall not exceed the total amount of service fees charged on the
|
|||
|
|
services provided to the Users for the current digital asset
|
|||
|
|
transaction.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 57</span> <span style="color:#000000">Unless
|
|||
|
|
this Agreement stipulates otherwise, under any and all circumstances,
|
|||
|
|
if a User breaches this Agreement or any of the laws and regulations of
|
|||
|
|
the country where the User is located, and consequently causes any
|
|||
|
|
damage to the Platform, the User shall indemnify the Platform against
|
|||
|
|
any and all direct and/or indirect losses (including litigation costs,<em> inter alia</em>).</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 58</span> <span style="color:#000000">The
|
|||
|
|
Users recognize that common law remedies for breach of agreement or
|
|||
|
|
possible breach of agreement may not be sufficient to cover all or part
|
|||
|
|
of the losses suffered by the non-breaching party. Therefore, the Users
|
|||
|
|
agree that the Platform has the right to seek injunctive remedies and
|
|||
|
|
all other remedies permitted by common law or equity in the event of
|
|||
|
|
breach or possible breach of agreement by the other party to this
|
|||
|
|
Agreement.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 59</span> <span style="color:#000000">The
|
|||
|
|
guarantees and undertakings made by the Platform in this Agreement are
|
|||
|
|
the only guarantees and representations on the basis of which the
|
|||
|
|
Platform provides the services under this Agreement (hereinafter
|
|||
|
|
referred to as "agreement guarantees"), and shall supersede all the
|
|||
|
|
guarantees and undertakings made in any other forms and manners
|
|||
|
|
(hereinafter referred to as "non-agreement guarantees"), whether the
|
|||
|
|
non-agreement guarantees are made in writing or orally, explicitly or
|
|||
|
|
implicitly. All agreement guarantees are exclusively made only by the
|
|||
|
|
Platform, and are binding on the Platform only, and are not binding on
|
|||
|
|
any third party.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 60</span> <span style="color:#000000">Users
|
|||
|
|
acknowledge and agree that the Platform does not waive any right to
|
|||
|
|
which the Platform is entitled and limits, exempts or offsets the
|
|||
|
|
Platform's liability for damages to the maximum extent permitted by law,
|
|||
|
|
even if such right is not referred to herein.</span></p><p></p><p><strong><span style="color:#000000">Chapter 10 Risk Warnings</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 61</span> <span style="color:#000000">Users
|
|||
|
|
acknowledge and agree that no transaction through the Platform is free
|
|||
|
|
from the following risks, and the Platform cannot and does not have the
|
|||
|
|
obligation to be responsible for the following risks:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">macroeconomic
|
|||
|
|
risks: Users may suffer losses due to abnormal price fluctuations
|
|||
|
|
arising from changes in the macroeconomic situation;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">policy
|
|||
|
|
risks: changes in relevant laws, regulations, policies and rules may
|
|||
|
|
cause abnormal fluctuations in prices and other areas, as a result of
|
|||
|
|
which the Users may suffer losses;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">default
|
|||
|
|
risks: Users may suffer losses due to the inability or unwillingness of
|
|||
|
|
the project owner to carry out or continue carrying out their project;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">risks
|
|||
|
|
related to earnings: digital assets are not issued by any financial
|
|||
|
|
institution or platform, and the digital asset market is a brand new and
|
|||
|
|
unconfirmed market that may not generate actual increase in earnings;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">trading
|
|||
|
|
risks: digital assets are mainly used by speculators, and are used
|
|||
|
|
relatively less in retailing and commercial markets; the trading of
|
|||
|
|
digital assets involves an extremely high level of risk because trading
|
|||
|
|
of digital assets goes on uninterrupted throughout the day without any
|
|||
|
|
limits on the ups and downs, and therefore prices are subject to large
|
|||
|
|
fluctuations caused by traders and/or global government policies;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(6)</span> <span style="color:#000000">risks caused by <em>force majeure</em> factors;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(7)</span> <span style="color:#000000">User's
|
|||
|
|
fault: any and all losses caused by the Users’ fault, including loss
|
|||
|
|
caused by wrong decision-making, improper operation, forgetting or
|
|||
|
|
revealing passwords, deciphering of passwords by others, third-party
|
|||
|
|
intrusion into computer systems used by the Users, and malicious or
|
|||
|
|
improper operation by a third party entrusted by the Users to serve as
|
|||
|
|
their agent.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 62</span> <span style="color:#000000">Digital
|
|||
|
|
asset transactions are extremely risky and are therefore not suitable
|
|||
|
|
investments for most people. The Users know and understand that part or
|
|||
|
|
all of their investment in digital asset trading may be lost, so the
|
|||
|
|
Users should determine the amount of their investment or transactions
|
|||
|
|
based on the extent of losses they can afford. In addition to the risks
|
|||
|
|
indicated under Article 61 of this Agreement, there will also be risks
|
|||
|
|
that cannot be predicted. Therefore, the Users should carefully assess
|
|||
|
|
their financial situation and various risks before making any decision
|
|||
|
|
on investment in or transaction of digital assets. The Users shall bear
|
|||
|
|
any and all losses arising from their decision, and the Platform shall
|
|||
|
|
not bear any responsibility for Users' investment or trading decisions.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 63</span> <span style="color:#000000">In
|
|||
|
|
view of the risks arising from digital asset investment or transaction,
|
|||
|
|
if a User has any doubts as to such investment or transactions, the
|
|||
|
|
User should seek the assistance of professional consultants prior to
|
|||
|
|
transaction or investment. </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 64</span> <span style="color:#000000">The
|
|||
|
|
Platform does not provide any guarantee or condition to any User and/or
|
|||
|
|
any transaction, whether express, implied or statutory. The Platform
|
|||
|
|
cannot and does not attempt to control the information released by Users
|
|||
|
|
or project owners. The Platform does not undertake any form of
|
|||
|
|
certification and authentication services for such information. The
|
|||
|
|
Platform cannot fully guarantee the authenticity, sufficiency,
|
|||
|
|
reliability, accuracy, integrity and validity of all content on the
|
|||
|
|
Platform, and does not need to bear any legal responsibilities arising
|
|||
|
|
therefrom. The Users should base their transaction on their own
|
|||
|
|
independent judgment and assume full responsibility for their own
|
|||
|
|
judgment.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 65</span> <span style="color:#000000">The
|
|||
|
|
Platform does not make any express or implied guarantee for its Users
|
|||
|
|
to use the Platform services, including but not limited to the
|
|||
|
|
applicability, absence of errors or omissions, continuity, accuracy,
|
|||
|
|
reliability and suitability for a particular purpose. Furthermore, the
|
|||
|
|
Platform does not make any undertaking and guarantee in connection with
|
|||
|
|
the validity, accuracy, correctness, reliability, quality, stability,
|
|||
|
|
integrity and timeliness of the technologies and information involved in
|
|||
|
|
the services provided by the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 66</span> <span style="color:#000000">Whether
|
|||
|
|
to log into the Platform or use the services provided by the Platform
|
|||
|
|
is the personal decision of individual Users, who shall exclusively bear
|
|||
|
|
any and all risks and possible losses that may arise from such
|
|||
|
|
decision. The Platform does not make any express or implied guarantee in
|
|||
|
|
connection with the market, value and price of digital assets. The
|
|||
|
|
Users know and understand the instability of the digital asset market.
|
|||
|
|
The price and value of digital assets may fluctuate significantly or
|
|||
|
|
collapse at any time. Engaging in digital asset transaction is the free
|
|||
|
|
choice and decision by individual Users, who shall exclusively bear the
|
|||
|
|
risks and possible losses that may arise.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 67</span> <span style="color:#000000">The
|
|||
|
|
above clauses do not reveal all the risks and market situations that
|
|||
|
|
the Users may be subject to when they engage in transactions through the
|
|||
|
|
Platform. Before making a decision relating to transaction, the Users
|
|||
|
|
should fully understand the relevant digital assets, adopt a cautious
|
|||
|
|
approach to decision-making based on their own transaction objectives,
|
|||
|
|
risk tolerance capacity and asset status, and assume all risks
|
|||
|
|
exclusively on their own.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 68</span> <span style="color:#000000">Under
|
|||
|
|
any and all circumstances, the third party shall be responsible for the
|
|||
|
|
services that are provided by such third party and are involved in the
|
|||
|
|
Users’ use of the Platform services, and the Platform shall not bear
|
|||
|
|
such responsibility.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 69</span> <span style="color:#000000">Any
|
|||
|
|
loss or liability caused by factors attributable to a User shall be
|
|||
|
|
borne by such User exclusively and the Platform shall not be held liable
|
|||
|
|
in any manner whatsoever. Circumstances under which the Platform shall
|
|||
|
|
not be held liable include:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">where
|
|||
|
|
any loss or liability is caused by the User's failure to operate in
|
|||
|
|
accordance with this Agreement or any rules published by the Platform
|
|||
|
|
from time to time;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">where
|
|||
|
|
any loss or liability is caused by any uncertainty, ambiguity or
|
|||
|
|
incompleteness in the instruction information sent by the User to the
|
|||
|
|
Platform;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">where any loss or liability is caused by insufficient balance of digital assets in the User's account;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">where any losses or responsibilities is caused by any other factor attributable to the User.</span></p><p></p><p><strong><span style="color:#000000">Chapter 11 Service Fees and Other Fees</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 70</span> <span style="color:#000000">If
|
|||
|
|
a User uses the Platform services, the Platform will charge relevant
|
|||
|
|
Platform service fees on the User. Each item of Platform service fee
|
|||
|
|
shall be subject to the description and rates of fees listed on the
|
|||
|
|
Platform when the User uses the Platform services. The Platform reserves
|
|||
|
|
the right to unilaterally formulate and adjust the rates of the
|
|||
|
|
Platform services fees.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 71</span> <span style="color:#000000">The
|
|||
|
|
Users may have to pay to third parties a certain third-party service
|
|||
|
|
fee in connection with their use of the Platform services. For the
|
|||
|
|
specific rates of such third-party service fees, please refer to
|
|||
|
|
relevant web pages of the Third-party Websites, or the Platform's
|
|||
|
|
reminders and fee rates. The Users agree to pay such service fees to the
|
|||
|
|
third parties on their own or by entrusting the Platform or a third
|
|||
|
|
party designated by the Platform according to the aforementioned rates. </span></p><p></p><p><strong><span style="color:#000000">Chapter 12 Termination of Agreement</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 72</span> <span style="color:#000000">Users
|
|||
|
|
have the right to apply to the Platform for cancellation of their
|
|||
|
|
accounts with the Platform at any time in accordance with the provisions
|
|||
|
|
of this Agreement. If the Platform cancels the account of a User in
|
|||
|
|
accordance with Article 36 of this Agreement, this Agreement will be
|
|||
|
|
terminated as of the date when the Platform approves the User’s
|
|||
|
|
application for account cancellation.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 73</span> <span style="color:#000000">Where
|
|||
|
|
an account is canceled in accordance with Articles 36 and 37 of this
|
|||
|
|
Agreement, this Agreement will be terminated as of the date when the
|
|||
|
|
Platform cancels such User account.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 74</span> <span style="color:#000000">If
|
|||
|
|
a User deceases or is declared dead, all the rights and obligations
|
|||
|
|
thereof under this Agreement shall be borne by the successor thereof. If
|
|||
|
|
a User loses all or part of his/her/its capacity for civil rights or
|
|||
|
|
civil conducts, the Platform or its authorized subject has the right to
|
|||
|
|
dispose of the funds related to the User's account in accordance with
|
|||
|
|
valid legal documents (including effective court judgments, inter alia)
|
|||
|
|
or instructions from the legal guardian of such User. If the successor
|
|||
|
|
or legal guardian of the User decides to continue performing this
|
|||
|
|
Agreement, this Agreement shall remain valid; otherwise, the successor
|
|||
|
|
or legal guardian of the User shall apply to the Platform for
|
|||
|
|
cancellation of the account number in accordance with Article 35 of this
|
|||
|
|
Agreement, and this Agreement shall be terminated from the date when
|
|||
|
|
the Platform approves the cancellation of the account of the User.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 75</span> <span style="color:#000000">The
|
|||
|
|
Platform shall have the right to terminate all services of the Platform
|
|||
|
|
in accordance with this Agreement. This Agreement shall terminate on
|
|||
|
|
the date of termination of all services of the Platform. The withdrawal
|
|||
|
|
process shall be operated in accordance with the specific provisions of
|
|||
|
|
the Platform announcement.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 76</span> <span style="color:#000000">After
|
|||
|
|
the termination of this Agreement, the Users shall have no right to
|
|||
|
|
require the Platform to continue providing any services or performing
|
|||
|
|
any other obligations to them, including but not limited to requiring
|
|||
|
|
the Platform to retain or disclose to the User any information in their
|
|||
|
|
former accounts to forward to the Users or any third party any
|
|||
|
|
information that they have not read or they have sent.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 77</span> <span style="color:#000000">The
|
|||
|
|
termination of this Agreement does not affect the non-breaching party's
|
|||
|
|
claim against the breaching party that the breaching party shall be
|
|||
|
|
liable for breach of agreement before the termination of other
|
|||
|
|
agreements, nor does it affect the performance of the post-contractual
|
|||
|
|
obligations under this Agreement.</span></p><p></p><p><strong><span style="color:#000000">Chapter 13 Protection and Authorization of Personal Information</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 78</span> <span style="color:#000000">The personal information under Chapter 13 of this Agreement shall include the following information:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">personal
|
|||
|
|
registration information provided by the Users in accordance with the
|
|||
|
|
requirements of the Platform when they register accounts with the
|
|||
|
|
Platform or when they use the accounts, including but not limited to
|
|||
|
|
telephone numbers, mailbox information, and ID card information;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">the
|
|||
|
|
server data in the Users’ browser that the Platform automatically
|
|||
|
|
receives and records when the Users use the Platform or access the
|
|||
|
|
Platform, including but not limited to IP address and other data and web
|
|||
|
|
page records required by the Users;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">relevant
|
|||
|
|
data collected by the Platform on which Users conduct transactions on
|
|||
|
|
the Platform, including but not limited to transaction records;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">personal information of other Users legally obtained by the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 79</span> <span style="color:#000000">Without
|
|||
|
|
additional consent from the Users, the successful registration of the
|
|||
|
|
Users on the Platform shall be deemed as the Users’ consent that the
|
|||
|
|
Platform may collect, use or disclose the Users’ personal information,
|
|||
|
|
and the Users understand and agree that the Platform may use the
|
|||
|
|
collected personal information of the Users for the following purposes
|
|||
|
|
based on the consideration of customizing the Platform services for the
|
|||
|
|
User, resolving disputes and helping to ensure safe transactions on the
|
|||
|
|
Platform:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">providing Platform services to Users;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">reporting to relevant departments based on the requirements of relevant competent departments of sovereign countries or regions;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">when
|
|||
|
|
the Users use the Platform services, the Platform will use the Users’
|
|||
|
|
information for legal purposes, such as authentication, customer
|
|||
|
|
service, security & prevention, fraud monitoring, marketing,
|
|||
|
|
archiving and backup, or for cooperation with third parties to promote
|
|||
|
|
websites to ensure the security of products and services provided by the
|
|||
|
|
Platform to the Users;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">to
|
|||
|
|
assist the Platform in designing new products and services and in
|
|||
|
|
collecting and sorting out information to improve the existing service
|
|||
|
|
objectives of the Platform;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(5)</span> <span style="color:#000000">in
|
|||
|
|
order to ensure that the Users understand the specific conditions of
|
|||
|
|
the Platform services, Users agree that the Platform will send them
|
|||
|
|
marketing campaign notices, commercial electronic information and
|
|||
|
|
advertising related to the Users, instead of generally placed
|
|||
|
|
advertisements;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(6)</span> <span style="color:#000000">the
|
|||
|
|
Platform transfers or discloses the Users’ information to any unrelated
|
|||
|
|
third party in order to complete merger, demerger, acquisition or asset
|
|||
|
|
transfer;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(7)</span> <span style="color:#000000">to complete software certification or management software upgrade;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(8)</span> <span style="color:#000000">to invite Users to participate in surveys about relevant Platform services;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(9)</span> <span style="color:#000000">to be used in data analysis for cooperation with government agencies, public affairs agencies, associations,<em> inter alia</em>;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(10)</span> <span style="color:#000000">to be used to resolve disputes or mediate in disputes;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(11)</span> <span style="color:#000000">to be used for all other legitimate purposes and other purposes authorized by the Users.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 80</span> <span style="color:#000000">The
|
|||
|
|
Platform automatically tracks certain information on Users in
|
|||
|
|
connection with their conduct on the Platform. On the precondition of
|
|||
|
|
not disclosing the Users’ privacy, the Platform has the right to analyze
|
|||
|
|
the entire User database and make commercial use of the User database.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 81</span> <span style="color:#000000">The Users agree that the Platform can use data collection devices such as "cookies" on some web pages of the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 82</span> <span style="color:#000000">The
|
|||
|
|
Platform shall protect the Users' data in accordance with relevant laws
|
|||
|
|
and regulations. The information provided to the Platform by the Users
|
|||
|
|
in connection with the performance of this Agreement may not be sold
|
|||
|
|
maliciously or shared with any third party free of charge, except for
|
|||
|
|
under the following circumstances:</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(1)</span> <span style="color:#000000">suppliers that provide independent services and only require information related to and necessary for the services;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(2)</span> <span style="color:#000000">government
|
|||
|
|
departments or other institutions that have legal access to information
|
|||
|
|
and retrieve information through legal channels;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(3)</span> <span style="color:#000000">affiliated companies of the Platform;</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">(4)</span> <span style="color:#000000">third parties approved by the Platform Users or the authorized representative of the Platform Users.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 83</span> <span style="color:#000000">The
|
|||
|
|
User shall authorize the Platform, unless the law requires otherwise,
|
|||
|
|
to use the information provided by Users to the Platform, the
|
|||
|
|
information generated through using the Platform’s services (including
|
|||
|
|
the information provided and generated prior to the signing of this
|
|||
|
|
Agreement) and the information queried and collected by the Platform in
|
|||
|
|
accordance with this Article, to provide services, recommend products,
|
|||
|
|
carry out market research and information data analysis for Users by the
|
|||
|
|
Platform and its partners entrusted in connection with the services.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 84</span> <span style="color:#000000">Unless
|
|||
|
|
the law requires otherwise, the User shall authorize the Platform, for
|
|||
|
|
the purpose of providing better services and products to the Users, to
|
|||
|
|
inquire and collect User information and provide such information to
|
|||
|
|
partners with which the Platform cooperates as may be necessary for the
|
|||
|
|
services. </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 85</span> <span style="color:#000000">In
|
|||
|
|
order to ensure the safety of User information, the Platform and its
|
|||
|
|
partners are obligated to keep confidential the above information and
|
|||
|
|
take various measures to ensure the safety of the information.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 86</span> <span style="color:#000000">The
|
|||
|
|
provisions under chapter 13 of this Agreement shall come into effect
|
|||
|
|
upon the signing of this Agreement, have independent legal effect, and
|
|||
|
|
may not be affected by the formation of the contract or the change of
|
|||
|
|
its effective status.</span></p><p></p><p><strong><span style="color:#000000">Chapter 14 Protection of Intellectual Property</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 87</span> <span style="color:#000000">Intellectual
|
|||
|
|
property rights, including trademark rights, patent rights, copyrights,
|
|||
|
|
trade secrets, and so on, to all the content on the platform, including
|
|||
|
|
works, pictures, archives, information, materials, platform
|
|||
|
|
architecture, the arrangement of the platform screen, platform design,
|
|||
|
|
text and graphics, software compilation, the relevant source code and
|
|||
|
|
software, are legally owned by the Platform or other rights-holders.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 88</span> <span style="color:#000000">Without
|
|||
|
|
the written consent of the Platform or other rights holders, no one is
|
|||
|
|
allowed to use, modify, copy, publicly disseminate, change, distribute,
|
|||
|
|
release or publicly publish the Platform program or content without due
|
|||
|
|
authorization.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 89</span> <span style="color:#000000">The
|
|||
|
|
Users are not allowed to download (except for web page caches) or
|
|||
|
|
modify the Platform or any part thereof without the explicit written
|
|||
|
|
consent of the Platform. The Users are not allowed to resell or make
|
|||
|
|
commercial use of the Platform or any of content thereof; the Users may
|
|||
|
|
not: collect and use product catalogues, descriptions and prices, make
|
|||
|
|
any derivatives of the Platform or content thereof; download or copy
|
|||
|
|
account information or use any data collection robots or similar data
|
|||
|
|
collection and extraction tools for other commercial interests. Without
|
|||
|
|
the written permission of the Platform, it is strictly prohibited to
|
|||
|
|
systematically obtain the content of the Platform to directly or
|
|||
|
|
indirectly create or edit collections, compilations, databases, or
|
|||
|
|
personal name and address records (whether or not through robots,
|
|||
|
|
spiders, automatic instruments, or manual operations). In addition, it
|
|||
|
|
is strictly prohibited to use the content and materials on the Platform
|
|||
|
|
for any purpose that is not explicitly permitted by the terms of use.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 90</span> <span style="color:#000000">Without
|
|||
|
|
the explicit written consent of the Platform, the Platform website or
|
|||
|
|
any part thereof may not be copied, photocopied, duplicated, sold,
|
|||
|
|
resold, accessed or otherwise used for any commercial purpose. Without
|
|||
|
|
the explicit written consent of the Platform, the Users are not allowed
|
|||
|
|
to use any technique to acquire any of the trademarks, logos or other
|
|||
|
|
proprietary information (including images, text, web designs or forms)
|
|||
|
|
of the Platform or affiliated companies thereof. Without the explicit
|
|||
|
|
written consent of the Platform, Users are not allowed to use the name
|
|||
|
|
or trademark of the Platform or affiliated companies thereof in the form
|
|||
|
|
of meta tags or any other "hidden text". Any such unauthorized use will
|
|||
|
|
result in termination of the permit or license granted by the Platform.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 91</span> <span style="color:#000000">Neither
|
|||
|
|
the Users’ logging into the Platform nor their use of any service
|
|||
|
|
provided by the Platform shall be deemed as the transfer of any
|
|||
|
|
intellectual property rights from the Platform to Users. The Users are
|
|||
|
|
subject to the obligation to respect intellectual property rights, and
|
|||
|
|
should the Users infringe on any of the intellectual property rights,
|
|||
|
|
the User shall bear legal liabilities to the Platform, including
|
|||
|
|
indemnifying the Platform against damages that may arise therefrom.</span></p><p></p><p><strong><span style="color:#000000">Chapter 15 General Provisions</span></strong></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 92</span> <span style="color:#000000">This
|
|||
|
|
Agreement is jointly signed by the Users and the Platform and is
|
|||
|
|
applicable to all activities of the Users on the Platform. The content
|
|||
|
|
of this Agreement includes the terms and conditions of the main body of
|
|||
|
|
the Agreement and various rules that have been issued or may be issued
|
|||
|
|
in the future. All the terms, conditions, and rules are an integral part
|
|||
|
|
of this Agreement and shall have the same legal effect as the main body
|
|||
|
|
of this Agreement.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 93</span> <span style="color:#000000">If
|
|||
|
|
any term or condition of this Agreement is deemed to be unenforceable,
|
|||
|
|
invalid or illegal by any competent authority, the validity of the other
|
|||
|
|
terms and conditions of this Agreement shall not be affected.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 94</span> <span style="color:#000000">The
|
|||
|
|
rights and obligations agreed on in this Agreement shall also be
|
|||
|
|
binding on the transferees, heirs, executors and administrators of all
|
|||
|
|
parties hereto that have obtained benefits from the rights and
|
|||
|
|
obligations through transfer or assignment of such rights and
|
|||
|
|
obligations. The Users may not transfer their rights or obligations
|
|||
|
|
under this Agreement to any third party without the consent of the
|
|||
|
|
Platform, but the Platform may transfer its rights and obligations under
|
|||
|
|
this Agreement to any third party at any time, with a notice to the
|
|||
|
|
Users thirty (30) days prior to the transfer.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 95</span> <span style="color:#000000">If
|
|||
|
|
any term or condition in this Agreement becomes totally or partially
|
|||
|
|
invalid or unenforceable for any reason, it shall be deemed that the
|
|||
|
|
term or condition can be separated from this Agreement and replaced by a
|
|||
|
|
new and effective term or condition that is as close as possible to the
|
|||
|
|
intentions of the parties and that can preserve the economic purposes
|
|||
|
|
required by this Agreement. Moreover, in this case, the other terms and
|
|||
|
|
conditions of this Agreement shall remain fully valid and binding.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 96</span> <span style="color:#000000">Unless
|
|||
|
|
it is otherwise agreed in this Agreement, nothing in this Agreement
|
|||
|
|
shall be deemed to have created, implied or otherwise treated the
|
|||
|
|
Platform as an agent, trustee or other representative of the Users. </span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 97</span> <span style="color:#000000">The
|
|||
|
|
failure of either party hereto to exercise any of the rights thereof
|
|||
|
|
hereunder or seek remedies in connection with a single event does not
|
|||
|
|
affect the subsequent exercise of such rights or seeking of remedies in
|
|||
|
|
connection with such event or other events.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 98</span> <span style="color:#000000">Waiver
|
|||
|
|
of breach of agreement or waiver of any term or condition of this
|
|||
|
|
Agreement shall take effect only after the non-breaching party or the
|
|||
|
|
party that does not seek such waiver signs in writing to agree to the
|
|||
|
|
waiver. Any waiver of breach of agreement under this Agreement cannot be
|
|||
|
|
deemed or interpreted as an exemption of the non-breaching party from
|
|||
|
|
any subsequent breach of agreement or other breach of agreement. Failure
|
|||
|
|
to exercise any right or remedy shall not be construed as a waiver of
|
|||
|
|
such right or remedy in any way.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 99</span> <span style="color:#000000">This
|
|||
|
|
Agreement is concluded in accordance with the laws of the Republic of
|
|||
|
|
Seychelles, and its establishment, interpretation, content and
|
|||
|
|
performance shall be governed by the relevant laws and regulations of
|
|||
|
|
the Republic of Seychelles. Any claim or lawsuit arising out of or in
|
|||
|
|
connection with this Agreement shall be interpreted and enforced by the
|
|||
|
|
laws of the Republic of Seychelles.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 100</span> <span style="color:#000000">Unless
|
|||
|
|
otherwise agreed by other rules under this Agreement, both parties
|
|||
|
|
agree that any claims or lawsuits arising from or related to this
|
|||
|
|
Agreement shall be submitted to the Singapore International Arbitration
|
|||
|
|
Commission for arbitration.</span></p><p></p><p style="text-indent:2em;"><span style="color:#000000">Article 101</span> <span style="color:#000000">This
|
|||
|
|
Agreement shall enter into force when the Users obtain their account
|
|||
|
|
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