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Terms & Conditions 

Terms & Conditions 

Terms & Conditions 

Terms & Conditions 

Terms & Conditions 

Terms & Conditions 

Terms & Conditions 

Please read these Terms and Conditions of Use (the “Terms of Use”) carefully. These Terms of Use govern your use of the digital asset trading platform operated by FirstByt Technologies UAB (the “Company”), accessible via the website located at www.rotinadlogistics.ro (the “Website”) and related mobile applications (the “App”). The Website and the App, together with all content, features, information and services made available on or through the Website and App, are referred to collectively as the “Services”.

You acknowledge that You have carefully read and understood this Agreement (together with other documents that are published on our Website and/or provided otherwise by the Company), the integral parts of the Agreement, as detailed further below, and agree to be bound by its provisions. Your consent further represents, warrants and certifies that any information provided by You, during the registration process and/or on our request, is correct and complete. You must ensure that the information which You have provided to the Company, during the application process and/or any time thereafter, is always accurate, truthful and up to date and You shall notify us promptly, but not later than within one month, of any changes in such information. As per our AML&KYC policy and internal procedures, we may ask You, at any time, to confirm the accuracy of Your information and/or to provide documents and/or other evidence. If any information You have provided is inaccurate, the Company will not be held liable and take any responsibility for any loss, direct or indirect, and any adverse consequence that may have resulted therefrom, which will be borne by You. 

You may only use the Website, the Exchange platform and our Services if it is legal to do so in Your country of residence. You represent and warrant that registering on the Website, opening of account(s) and/or receiving of any service(s) from the Company, as further detailed below, and/or usage of the Exchange Platform and/or any service(s) from the Company, does not violate any laws and/or regulations applicable to You.

  1. THE SERVICES 

This Agreement set out the terms and conditions for provision of the Services available to the Customer via the Exchange Platform and/or the Website. You should pass KYC procedures according to the provisions of our AML&KYC policy, in order to use the Services. 

The following Services are provided by the Company to customers-individuals, who have passed KYC procedure:

1. Opening and maintaining the Customer’s Trading Room on the Website;

2. Opening and maintaining the Cash account ;

3. Processing the exchange and trading transactions among and between customers, within the Exchange Platform, in order to exchange different cryptocurrencies and/or blockchain tokens (hereinafter – the “Virtual Currencies ”) with each other;

4. The following additional services shall be provided to customers-individuals, that have passed the enhanced KYC measures according to our AML&KYC policy:

      4.1 Processing the exchange and trading transactions among and between customers, within the Exchange Platform, in order to exchange different Virtual Currencies with each other and/or Virtual Currencies with fiat currencies (Virtual Currencies and fiat currencies hereinafter together or separately referred to as “Assets ”) ; 

5. Corporate and institutional customers are subjected to enhanced KYC procedure, as per the AML&KYC policy. Special conditions may be applicable to them by signing respective agreement with the Company, however conditions of this Customer Agreement are applicable to them in the part that doesn’t contradict special conditions;

6. The trading is carried out through the trading API systems of the Company; 

7. Any of the Cash accounts hereinafter in singular can be specified as the “Account” or in plural – “Accounts ” , are not the bank accounts and the Assets held within will not earn any interest;

8. All transactions between the Customer and other customers and/or between the Customer and the Company, can be performed only in Assets allowed/accepted by the Company. The Company shall not accept transfers from any third party to the Customer’s Account(s) nor will the Company execute any withdrawals, from the Customer’s Account(s) to any third party;

9.  You are entirely responsible for any and all activities conducted through Your Trading Room. You agree to notify us, immediately, of any unauthorized use of Your Trading Room and/or any Account(s) as well as of any other breach of security. While we may implement certain monitoring procedures designed to alert us to fraudulent activity, we are not responsible for any unauthorized use of Your Trading Room and/or Account(s), and You agree that You are responsible for any such unauthorized use and for protecting the confidentiality of Your password; 

10. We reserve the right to carry out any necessary money laundering, terrorism financing, fraud and/or other illegal activity checks before authorizing any withdrawal of Assets from Your Account(s). For these purposes, we may request You to provide additional information, including verification documents within the terms defined by us. The Company also reserves the right to conduct an enhanced due diligence, when such deemed necessary by the Company, specifically for the corporate and institutional customers;

11. It is strictly forbidden to use Your Trading Room and/or Account(s) for any illegal purposes, including but not limited to fraud and money laundering. We will report any suspicious activity to the relevant law enforcement agency. You are prohibited from using Your Account(s) in an attempt to abuse, exploit or circumvent the usage restrictions imposed;

12. If You conduct and/or attempt to conduct any transaction in violation of the prohibitions, contained within this Agreement, we reserve the right to:

  – reverse the transaction(s); and/or

  – block and/or suspend Your Accounts, or any of them; and/or

 – report the transaction(s) to the relevant law enforcement agency; and/or

   – claim damages from You;

13. By using the Website, the Exchange Platform and/or the Services, you represent that such use is legal in your local jurisdiction, and you agree that you will not use the Website, the Exchange Platform and/or the Services if such use is prohibited or otherwise violates the laws of the country, state, province, or other jurisdiction in which you reside or of which you are a citizen;

14. Depending on the Your place of residence, You may not be able to use all the functions of the Website. It is Your responsibility to follow the rules and laws in Your place of residence and/or place from which You access the Website;

  1. LIMITATION OF LIABILITY 

The company and its respective directors, officers, employees, agents, contractors or representatives, or anyone for whom any of the foregoing is responsible at law, shall not be liable for any direct, indirect, incidental, punitive, consequential, special, exemplary, or other damages, including, without limitation, loss of revenue or income, pain and suffering, emotional distress, or similar damages, or damages arising from or in connection with (a) the website, (b) the services, (c) any errors or omissions in content contained in the website, the services or the works, (d) any unauthorized access to or use of the company’s servers and/or any and all personal information and/or financial information stored therein, (e) any interruption or cessation of transmission to or from the website or the services, (f) any viruses, trojan horses, malware, spyware, or the like, which may be transmitted to or through the website or the services by any third party, or (g) for any loss or damage of any kind incurred as a result of your use of any content posted, emailed, transmitted, or otherwise made available via the website. this limitation of liability applies regardless of the legal theory giving rise to the damages, and even if the company has been advised of the possibility of such damages. the foregoing limitation of liability shall apply to the fullest extent permitted by law in the applicable jurisdiction.
You specifically acknowledge that the company and its respective directors, officers, employees, agents, contractors and representatives, and anyone for whom any of the foregoing is responsible at law, shall not be liable for user content or the defamatory, offensive, or illegal conduct of any third party and that the risk of harm or damage from the foregoing rests entirely with you. further, to the extent permitted by applicable law, you hereby explicitly waive your right to participate in any class action lawsuit or a class-wide arbitration against the company or any of its respective directors, officers, employees, agents, contractors and representatives, and anyone for whom any of the foregoing is responsible at law. we are not liable for any breach of the terms of use, including delays, failure in performance or interruption of service, where they arise directly or indirectly from abnormal and unforeseeable circumstances beyond our control, the consequences of which would have been unavoidable despite all effects to the contrary, nor are we liable where the breach is due to the application of mandatory legal rules.

 

  1. MOBILE APPLICATIONS 

Subject to your compliance with these Terms of Use, we hereby grant you a limited, revocable, non-exclusive, non-transferable and non-sublicensable license to download and use the App on your iOS-based or Android-based mobile device, as applicable, in accordance with these Terms of Use.

APPLE APP 

If the App is provided to you for download through Apple Inc. (Apple Inc. together with all of its affiliates, “Apple”) App Store, the following terms and conditions shall apply: (i) the parties acknowledge that this Agreement is concluded between the parties, and not with Apple, and that the responsibility for the App and the content thereof is governed by these Terms of Use; (ii) notwithstanding anything to the contrary hereunder, you may use the App only on an Apple-branded product or device that you own or control and as permitted by the “Usage Rules” set forth in the Apple Store Terms of Service; (iii) the parties acknowledge that Apple has no obligation whatsoever to furnish any maintenance or support services with respect to the App; (iv)the parties acknowledge that Apple is not responsible for addressing any claims by you or a third party relating to the App or your possession and use of the App, including but not limited to: (a) product liability claims; (b) any claim that the App fails to conform to any applicable legal or regulatory requirement; and (c) claims arising under consumer protection or similar legislation; (v) the parties acknowledge that, in the event of any third party claim that the App or your possession and use of the App infringes that third party’s intellectual property rights, such intellectual property infringement claim will be governed by these Terms of Use and Apple will have no responsibility for the investigation, defense, settlement and discharge of such intellectual property infringement claim; (vi) you must comply with all applicable third party terms of agreement when using the App; and (vii) the parties acknowledge that Apple is a third party beneficiary to these Terms of Use and, upon your acceptance of these Terms of Use, Apple will have the right (and will be deemed to have accepted the right) to enforce these Terms of Use against you as a third party beneficiary thereof.

GOOGLE PLAY 

If the App is provided to you for download through Google Inc. (Google Inc. together with all of its affiliates, “Google”) Google Play, the following terms and conditions shall apply: (i) you acknowledge that Google is not responsible for providing support services for the App, and (ii) if any of the terms and conditions in these Terms of Use are inconsistent or in conflict with the Google Play Developer Distribution Agreement, the terms and conditions of Google’s Google Play Developer Distribution Agreement will apply to the extent of such inconsistency or conflict as they relate to the app.

  1. THE COMPANY’S RIGHTS AND RESPONSIBILITIES

The Customer acknowledges that the Company has the following rights:

1. To reject, cancel, delete and/or adjust any exchange and/or trading order and/or transaction that the Customer may place;

2. To block any Customer’s Account;

3. To provide the Account(s) with any transactions deemed necessary by the Company for the proper provision of Services under this Agreement;

4. To restrict access to, impose limits on, suspend, stop or cancel use of the Exchange Platform (including, without limitation, discontinuing the Customer’s use of the API) , either generally or of particular Assets, transactions and/or customers, or to discontinue transmission of any and/or all information;

5. The Company may refuse to facilitate and/or proceed with any transaction and/or refuse access to the Trading Room and/or Exchange Platform, at the Company sole discretion, as a result of any of the following;

6. Full or partial failure of the Website and/or Exchange Platform, including failure of the technology and/or any of the communications channels linked to the Website and/or Exchange Platform and the Customer and/or any of the counterparties, or any other circumstance which is deemed impractical to use the Website and Exchange Platform;

7. A breach of security of the Website and/or Exchange Platform;

8. Extraordinary situations, including but not limited to incorrect execution of orders by the Exchange Platform;

9. A material breach by the Customer of obligations under this Agreement and/or any other agreement with the Company;

10. Non-compliance by the Customer with any applicable laws;

11. Market conditions generally and/or conditions affecting a particular Asset and/or relevant derivative(s) (at the Company sole discretion);

12. Absence of liquidity. Any such action(s) taken by the Company, in accordance with this section, shall continue for such time period, as the Company reasonable determines it to be necessary;

13. The Customer sets trading orders with prices that, in the Company’s opinion, are much lower or much higher than market prices. Such actions are treated by the Company as a fraudulent actions; 

14. For the purposes of mitigating and managing the potential Money laundering and terrorism financing risks, faced by the Company, without derogating from the Company rights, as expressly stipulated above, the Company reserves the right, in its sole discretion, to block Customer’s Trading Room and/or any Customer’s Account and prohibit any activity including but not limited to withdrawals, for the period defined by the Company, in its sole discretion, required for the performance of the internal investigation, but not less than 180 days, providing that the Company has reasonable suspicious that the Customer’s activity (i) does not comply with the Services provided by the Company and the terms of this Agreement, and/or (ii) is fraudulent, and/or (iii) is in breach with the law, present Agreement and/or the Company ’s AML&KYC policy;

15. In order for the Company to show prices with the speed associated with speculative trading, the Company may have to rely on available prices that may later prove to be incorrect. In such a case, the Company may cancel or adjust the trade on the Customer’s Account, but shall do so within reasonable time and shall provide the Customer with a full explanation for actions taken.

16. The Company shall have at its sole discretion, control over and the right to modify the functionality of the price feeds, configurations and content, including but not limited to:

       16.1. The parameter and protocols, by which the trades/transactions are placed, routed, matched and/or otherwise processed by the Exchange Platform;

       16.2. The availability of the particular Asset through the Exchange Platform, at any particular time and/or location;

17. In case of any dispute arisen, the Company reserves the right to request a third parties for advice and/or conducting respective investigation, expertise and/or analysis, including without limitation a possible fee charge(s), whereby, the Company shall retain the right to apply such costs to the Customer, with respect to the provisions of this Agreement;

18. The Company will make all possible endeavors to execute trades/transactions requested by the Customer. The Customer hereby understands that the Company is unable to guarantee the execution of the Customer’s orders and/or requests and that the Customer will not hold the Company liable for any failure in the execution process;

19. To the extent permitted by law, the Company shall not be held responsible for any damages, loss of profit, loss of revenue, loss of business, loss of opportunity, loss of data, indirect or consequential loss, unless the loss suffered is caused by a breach of this Agreement by the Company;

20. The Company shall not be held responsible for any malfunction, breakdown, delay or interruption of the Internet connection and/or any other reason related to the possible unavailability of the Website, at any given time;

21. The Company shall not be held responsible for any delay in the processing of payments, made by the fault of any third parties (operators) of such transactions;

22. In case of changes in the legislation of a particular country, the consequences of which are stricter regulation of a Virtual Currency presented on the Exchange Platform, the Company may restrict trading on a certain pair with such a Virtual Currency for Customers who are subject to such changes in legislation. In such a case the Customer will only be able to withdraw the limit for trading Virtual Currency to an external address.

23. In the case of fraud, the Company undertakes to report all the necessary information, including names, addresses and all other requested information, to the relevant authorities dealing with fraud and breaches of the legislation. The Customer realizes that the Account(s) may be frozen, at any time, at the request of any competent authority investigating a fraud or any other illegal activity.

24. The Company has the right to close any Customer’s account in case of one of the following circumstances:

  • the Customer has not entered his account for more than 6 months in a row;
  • the Customer has not passed verification at least for the first level for more than 6 months in a row from the moment of creation of account;

25. All Assets held on account on the moment of closing will be withdrawn to Company’s separate account and You hereby provide your consent for such Company ’s actions. Customers have a right to request the return of Assets withdrawn according to this clause by providing an application to info@rotinadlogistics.ro . The Customer will have to provide information and documents on Company ’s request in order to confirm his identity and ownership of Assets. The Company has a right to refuse the person in returning Assets in case if the person cannot confirm that it has been Company ’s Customer and that the withdrawn Assets belong to him;

  1. CUSTOMER REPRESENTATIONS, WARRANTIES AND AUTHORISATIONS

The Customer represents and warrants that:

  1. the Customer is of sound mind, legal age and legal competence;
  2. every time when the Customer enters the Trading Room and/or performs trading/transaction(s), the Customer is in full control of its mental powers, is not under the influence of alcohol, drugs and/or subjected to any other influence that would cause the Client to perform trading/transaction(s) in different manner than otherwise;
  3. the Customer hereby warrants that regardless of any subsequent determination to the contrary, the Customer is suitable to enter into this Agreement;
  4. all the information provided through the Accounts opening process is true, correct and complete, as of the date hereof and the Customer will notify the Company promptly of any changes in such information;
  5. The Customer represents and warrants that both fiat currency and Virtual Currency deposited to any Account belong to the Customer and derived from legal sources.
  6. The Customer represents and warrants that he/she will withdraw any Virtual Currency from his/her Account only to his/her wallets, otherwise the Company does not hold any liability for the consequences of such withdrawal.
  7. The Customer represents and warrants that all transactions being carried out do not violate the rights of any third party or applicable laws.
  8. The Customer understands that his personal data and identifiers may be shared with appropriately authorized third parties, due to legal obligations such as prevention of crimes and tax purposes and/or to provide the service requested by the Customer. Please study the Privacy Policy for more information.
  9. The Customer represents and warrants that it will immediately notify the Company about any detected error in the Exchange Platform including exchange and trading system, Accounts, Trading Room or the Website functionality, affecting the interests of the Customer and to cease all further actions with the functionality of systems, except for those actions that are aimed at preventing loss on the Customer. The Customer hereby confirms and acknowledges that the Customer will not use the system error in its own interest. Violation of these provisions will make the Company execute its rights under the Customer’s indemnification responsibilities specified in this Agreement and may result in, among other things, termination or suspension of the Customer’s right to use the Services.
  10. In case of an unauthorized exchange/trading transaction or an exchange/trading transaction that was incorrectly executed due to an error by us, You shall bring the unauthorized or incorrectly executed transaction to our attention within 1 (one) day from the date of the transaction. You shall remain solely liable for all losses arising from the transaction specified above in case: the unauthorized transaction arises from Your failure to keep the Accounts credentials safe; and/or You fail to dispute and bring the unauthorized or incorrectly executed transaction to our attention within 1 (one) day from the date of the transaction.
  11.  The Customer agrees to pay promptly to the Company all damages, costs and expenses, including attorney’s fees, incurred by the Company in the enforcement of any of the provisions of this Agreement and any other agreements between the Company and the Customer. To the extent allowable by law, we reserve the right to set-off any damages or amounts owed to us by You for Your breach of this Agreement or other obligations under this Agreement against funds in Your Accounts or any other account held with the Company.
  12. The Customer do hereby agree and acknowledge that the technological facility (the Exchange Platform), the Website and related software and Services may be provided by the external third party licensors. The Company does not bear any responsibility, whether expressed or implied or statutory, in respect of non- infringement as to the technological facility (the Exchange Platform), the Website, and related software and Services provided by external third party licensors. We make no representations or warranties that the technological facility (the Exchange Platform), the Website, and related software and Services will be uninterrupted, timely, secure, or error free; nor do we make any representations or warranties as to the quality, suitability, truth, usefulness, accuracy, or completeness of the said as additionally specified by us.

  1. ABUSIVE TRADING STRATEGIES

The market abuse comprises of unlawful behavior in the financial markets, which includes but is not limited to insider trading, unlawful disclosure of inside information, market manipulation, arbitrage exchange (whether internal or external) and other abusive trading strategies and the Customer furthermore undertakes not to act in any abusive way, under this Agreement.

Moreover, trading strategies aimed at exploiting errors in prices and/or concluding transaction(s) at prices that are not representing the market value(s), including latency, insider trading, trading with high risk parameters are not permitted/accepted. Customer(s) found to be using abusive trading strategies, whether by using sophisticated technology, manual methods when such trading is based on errors or any other method found to be abusive but not pre-defined is not accepted by the Company. Clients found to be using the abusive trading strategies, associated with algorithmic and high frequency trading are not accepted and relevant account(s) shall be subjected to correction(s)/modification(s) and, in cases may be subject to closure, should the Company find such an activity fit.

The Company may take one or more of the following countermeasures:

a) adjust the price(s) provided to the Customer;

b) change the price spreads offered to the Customer;

c) change the trading conditions/limitations applied to the Customer’s account(s)

d) cancel the transaction(s);

e) reverse the transaction(s);

f) enter the values that transaction(s) would have had if the correct trading conditions, not considered abusive, were applied;

g) delay in price confirmation and/or re-quote the price(s) offered;

h) restrict the Customer’s access to streaming, instantly tradable quotes, by providing manual quotation only; i) retrieve from the Customer’s account(s) any historic trading profits;

i) terminate the relationship with the Customer immediately by the way of written notice;

  1. Indemnity 

YOU AGREE TO DEFEND, INDEMNIFY AND HOLD HARMLESS THE COMPANY TOGETHER WITH ITS RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, CONTRACTORS AND REPRESENTATIVES, AND ANYONE FOR WHOM ANY OF THE FOREGOING IS RESPONSIBLE AT LAW, FROM AND AGAINST ANY AND ALL CLAIMS, DAMAGES (WHETHER DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL), OBLIGATIONS, JUDGMENTS, LOSSES, LIABILITIES, COSTS OR DEBT, LEGAL FEES AND OTHER EXPENSES ARISING FROM OR IN CONNECTION WITH: (A) YOUR ACCESS TO AND USE OF THE WEBSITE, THE SERVICES OR YOUR COINFIELD ACCOUNT; (B) YOUR VIOLATION OF ANY THIRD PARTY RIGHT, INCLUDING, WITHOUT LIMITATION, ANY COPYRIGHT, PROPERTY, OR PRIVACY RIGHT; OR (C) ANY CLAIM THAT YOU DID NOT HAVE THE RIGHT TO PROVIDE ANY USER CONTENT OR THAT YOUR USER CONTENT CAUSED DAMAGE TO A THIRD PARTY. THIS DEFENSE AND INDEMNIFICATION OBLIGATION WILL SURVIVE THESE TERMS AND YOUR USE OF THE WEBSITE INDEFINITELY. IN THE FOREGOING CASE, THE COMPANY WILL PROVIDE YOU WITH WRITTEN NOTICE OF SUCH CLAIM, SUIT OR ACTION.

     

  1. Limitation of Liability 

The company and its respective directors, officers, employees, agents, contractors or representatives, or anyone for whom any of the foregoing is responsible at law, shall not be liable for any direct, indirect, incidental, punitive, consequential, special, exemplary, or other damages, including, without limitation, loss of revenue or income, pain and suffering, emotional distress, or similar damages, or damages arising from or in connection with (a) the website, (b) the services, (c) any errors or omissions in content contained in the website, the services or the works, (d) any unauthorized access to or use of the company’s servers and/or any and all personal information and/or financial information stored therein, (e) any interruption or cessation of transmission to or from the website or the services, (f) any viruses, trojan horses, malware, spyware, or the like, which may be transmitted to or through the website or the services by any third party, or (g) for any loss or damage of any kind incurred as a result of your use of any content posted, emailed, transmitted, or otherwise made available via the website. this limitation of liability applies regardless of the legal theory giving rise to the damages, and even if the company has been advised of the possibility of such damages. the foregoing limitation of liability shall apply to the fullest extent permitted by law in the applicable jurisdiction.

You specifically acknowledge that the company and its respective directors, officers, employees, agents, contractors and representatives, and anyone for whom any of the foregoing is responsible at law, shall not be liable for user content or the defamatory, offensive, or illegal conduct of any third party and that the risk of harm or damage from the foregoing rests entirely with you. further, to the extent permitted by applicable law, you hereby explicitly waive your right to participate in any class action lawsuit or a class-wide arbitration against the company or any of its respective directors, officers, employees, agents, contractors and representatives, and anyone for whom any of the foregoing is responsible at law. we are not liable for any breach of the terms of use, including delays, failure in performance or interruption of service, where they arise directly or indirectly from abnormal and unforeseeable circumstances beyond our control, the consequences of which would have been unavoidable despite all effects to the contrary, nor are we liable where the breach is due to the application of mandatory legal rules.

  1. Disclaimer

YOU ARE SOLELY LIABLE AND RESPONSIBLE FOR ANY AND ALL CLAIMS AND DEMANDS MADE BY ANY OTHER PERSON ARISING OUT OF, IN CONNECTION WITH, OR OTHERWISE RELATING TO YOUR USE OF THE WEBSITE AND SERVICES, YOUR BREACH OF THESE TERMS OF USE, YOUR VIOLATION OR INFRINGEMENT OF THE RIGHTS OF OTHERS (INCLUDING OTHER USERS), OR YOUR VIOLATION OF ANY APPLICABLE CIVIL OR CRIMINAL LAW. THE COMPANY DISCLAIMS ANY AND ALL RESPONSIBILITY AND LIABILITY REGARDING THE FOREGOING MATTERS.
YOU ACKNOWLEDGE AND AGREE THAT YOU ARE SOLELY RESPONSIBLE FOR ACTIONS AND COMMUNICATIONS UNDERTAKEN OR TRANSMITTED IN THE COURSE OF YOUR USAGE OF THE WEBSITE AND THE SERVICES, AND THAT YOU WILL COMPLY WITH ALL APPLICABLE LAWS IN RESPECT OF SAME.
YOU ACKNOWLEDGE AND AGREE THAT THE COMPANY MAY INVESTIGATE OCCURRENCES WHICH MAY INVOLVE VIOLATIONS OF SUCH LAWS, AND MAY INVOLVE, AND COOPERATE WITH, LAW ENFORCEMENT AUTHORITIES IN PROSECUTING USERS WHO ARE INVOLVED IN ANY SUCH VIOLATIONS. WE RESERVE THE RIGHT AT ALL TIMES TO DISCLOSE ANY INFORMATION (INCLUDING YOUR PERSONAL INFORMATION) REGARDING YOUR USAGE OF THE SERVICES IN EACH CASE AS MAY BE PERMITTED OR REQUIRED BY APPLICABLE LAW, INCLUDING AS NECESSARY TO SATISFY ANY REQUEST AUTHORIZED BY APPLICABLE LAW.
YOUR USE OF THIS WEBSITE AND THE SERVICES IS ENTIRELY AT YOUR OWN RISK. THE SERVICES ARE PROVIDED ON AN ”AS IS” AND ”AS AVAILABLE” BASIS, WITH NO FURTHER PROMISES MADE BY US AROUND THE AVAILABILITY OF THE SERVICES. SPECIFICALLY, WE DO NOT GIVE ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND/OR NON-INFRINGEMENT. WE DO NOT MAKE ANY PROMISES THAT ACCESS TO THE WEBSITE, ANY OF THE COINFIELD SERVICES, OR ANY OF THE MATERIALS CONTAINED THEREIN, WILL BE CONTINUOUS, UNINTERRUPTED, TIMELY, OR ERROR-FREE.
WE MAKE NO REPRESENTATIONS ABOUT THE ACCURACY, ORDER, TIMELINESS OR COMPLETENESS OF HISTORICAL DIGITAL CURRENCY PRICE DATA AVAILABLE ON THE WEBSITE. WE WILL MAKE REASONABLE EFFORTS TO ENSURE THAT REQUESTS FOR DEBITS AND CREDITS INVOLVING BANK ACCOUNTS, CREDIT AND DEBIT CARDS ARE PROCESSED IN A TIMELY MANNER BUT COINFIELD MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE AMOUNT OF TIME NEEDED TO COMPLETE PROCESSING WHICH IS DEPENDENT UPON MANY FACTORS OUTSIDE OF OUR CONTROL. WE WILL MAKE REASONABLE EFFORTS TO ENSURE THAT REQUESTS FOR ELECTRONIC DEBITS AND CREDITS INVOLVING BANK ACCOUNTS, CREDIT CARDS, AND CHEQUE ISSUANCES ARE PROCESSED IN A TIMELY MANNER, BUT WE MAKE NO REPRESENTATIONS OR WARRANTIES REGARDING THE AMOUNT OF TIME NEEDED TO COMPLETE PROCESSING WHICH IS DEPENDENT UPON MANY FACTORS OUTSIDE OF OUR CONTROL.
EXCEPT FOR THE EXPRESS STATEMENTS SET FORTH IN TERMS OF USE, YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED UPON ANY OTHER STATEMENT OR UNDERSTANDING, WHETHER WRITTEN OR ORAL, WITH RESPECT TO YOU USE AND ACCESS OF THE COINFIELD SERVICES AND THE WEBSITE.
THE COMPANY DOES NOT WARRANT OR REPRESENT THAT THE WEBSITE, SERVICES, DIGITAL ASSETS OR ANY CONTENT CONTAINED ON THE WEBSITE OR THE SERVICES WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE WEBSITE OR THE SERVER THAT MAKES IT AVAILABLE ARE FREE OF VIRUSES, MALWARE, SPYWARE OR OTHER HARMFUL COMPONENTS.
WITHOUT LIMITING THE FOREGOING, THE COMPANY DOES NOT WARRANT OR MAKE ANY REPRESENTATION REGARDING USE, THE ABILITY TO USE, OR THE RESULT OF USE OF THE WEBSITE IN TERMS OF ACCURACY, RELIABILITY, OR OTHERWISE. THE WEBSITE MAY INCLUDE TECHNICAL INACCURACIES OR TYPOGRAPHICAL ERRORS. THE COMPANY MAY MAKE CHANGES OR IMPROVEMENTS TO THE WEBSITE, THE WORKS OR THE SERVICES AT ANY TIME. THE COMPANY MAKES NO WARRANTIES THAT YOUR USE OF THE WEBSITE WILL NOT INFRINGE THE RIGHTS OF OTHERS AND ASSUMES NO LIABILITY OR RESPONSIBILITY FOR ERRORS OR OMISSIONS IN THE WEBSITE.

  1. Risk Statement 

Cryptographic tokens may be subject to expropriation and/or theft; hackers or other malicious groups or organizations may attempt to interfere with our system/network in various ways, including malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing, and spoofing which may result in the loss of your cryptographic tokens, the loss of your ability to access or control your cryptographic tokens. In such an event, there may be no remedy, and holders of cryptographic tokens are not guaranteed any remedy, refund, or compensation. The regulatory status of cryptographic tokens and digital assets is currently unsettled, varies among jurisdictions and is subject to significant uncertainty. It is possible that in the future, certain laws, regulations, policies or rules relating to cryptographic tokens, digital assets, blockchain technology, or blockchain applications may be implemented which directly or indirectly affect or restrict cryptographic token holders’ right to acquire, own, hold, sell, convert, trade, or use cryptographic tokens. The uncertainty in tax legislation relating to cryptographic tokens and digital assets may expose cryptographic token holders to tax consequences associated with the use or trading of cryptographic tokens. Digital assets and financial products and services carry significant risks. Coinfield is not responsible for any potential loss in case of token issuer’s problems. Potential purchasers should assess the nature of, and their own appetite for, relevant risks independently and consult their advisers before making any decisions.