Terms of Use
This agreement shall determine Terms of Use to have you use "Cryptocurrency" (hereinafter referred to as "the System") which WIBS TRADE CENTER (hereinafter referred to as "a system operator") provides as follows.
Article 1. The use of this service
The person who is going to use this service agrees to an agreement or guidelines to establish in this agreement after an agreement separately and shall be able to start the use of each service after having consented to all. In addition, I remove some applications of this agreement in Terms of Use, the guidelines on various services or may establish the matter which is different from this agreement. In that case, the articles such as Terms of Use, the guidelines on each service have priority over this agreement and shall have effect. But, in this agreement, it is not this limit when it prescribes that I have priority over the articles such as Terms of Use, the guidelines on each service.
Article 2. Basic rules
The user of this service is referred to as an individual person who makes a personal account with us by entering information like email address and password properly, or a person belonging to a company who makes a corporate account with us by entering partially the personal and corporate information properly, and a user who completes two-factor authentication mentioned in the next article.
Regarding the use of the service by a user, confirmation of two-factor authentication using smart phone is mandatory. On this process, being the sensitive information, token or authentication information set by the user shall not be saved or managed by the system. Users are suggested to manage this information carefully.
Users of this system shall use the agreed service after identification and receiving the consent of the system's operator. There may exist some part not allowed to use.
Regarding the previous three rules, user shall bear the full responsibility. The loss of information, unauthorized use by the third person, hacking and any loss and damage caused by the negligence of the user shall not be a liability to the system operator.
Person under the age of 18 is not allowed to register.
If the operator of this system decides that the user's activities are undesirable and not followed by the above guidance, service shall be suspended or contract shall be terminated without any prior notice.
Article 3. About Cryptocurrency
The Cryptocurrency does not generally have the existence such as the central bank, and not a formal currency too. Unlike a currency based in a country and other corporations, as for the digital currency, it was based on technology and reliability. The digital currency has the globally free system which is not regulated by a country and a company and an individual. We may be at risk of others which are not identified by foreknowledge and are out of Terms of Use. You understand it and think about a financial status and a risk tolerance of oneself carefully and must perform the purchase or deal with the business. The user must manage it by a self-responsibility about the information such as a password, the ID to manage the digital currency to use on an operator`s system or website. When the damage by a fault on the user side or abuse, the hacking by the third party occurs, operators shall not be liable.
Article 4. About the risk
Most of the business of Cryptocurrency is not out of the risk, is the point to be well understood in advance. The price may greatly fluctuate every day as a result, a big profit and even a big loss too may occur simultaneously. According to the world trend and change in the value of digital currency, inherent risk may occur. In the future, unanticipated government regulations of each country, emergence of alternative and competing currencies, inflation and deflationary spiral may cause the collapse of digital currency. In the future, if digital currency face government regulations, trade regulations, and even complete ban etc., the operator shall comply with laws and ordinances and deal accordingly. In such a case, the damage or loss occurred to the user shall not be the liability of the operator.
Article 5. Definition about the business
The Cryptocurrency is the settlement network of the P2P type based on the protocol using transaction log and a Value record There is.
A seller is a user showing a sale order in the case of trust buying and selling in Cryptocurrency to our service operator.
A buyer is a user showing a purchase order in the case of trust buying and selling in Cryptocurrency to our Service operator.
A price is "the price per 1 coin" to wish a user buys and sells Cryptocurrency in the case of purchase business in Cryptocurrency in Cryptocurrency. This price displays it in USD.
The transaction price means the total price that a buyer pays in each business in the top of Cryptocurrency.
Business is that a user entrusts our service operator with Cryptocurrency and buys and sells it.
Article 6. Business process of the digital currency
In Cryptocurrency, submit an order of the purchase of the digital currency of the buyer and an order of the sale of the digital currency of the seller can be done. The selling and purchasing price of digital currency shall depend on the discretion of the user.
The users on own mature deliberation, present the order or order it temporarily recognizing the preparation and entry or readiness of other users too, to trade the currency.
The order submitted by a seller or a buyer on Cryptocurrency will be concluded on the matching price, abiding the contract and accepting the conclusion.
The order of sellers and buyers, on matching be concluded soon and shall not be withdrawn by either side.
Digital currency purchase business gets completed immediately on conclusion with the matching price without any prior notice.
When the matching of the order from seller and buyer was done, Cryptocurrency has the only authority to give permission to considerably remit a sum to a seller from the account of the buyer deducting service charge from a transaction price.
Depending on the sellers and buyers, orders presented may be cancelled in the case of not contracting within certain period of time.
Article 7. The handling of the registration information
The person who is going to become a user registers under the responsibility of the self, information (hereinafter referred to as "registration information" as follows including an e-mail address or the password) shall be registered on the occasion of the use optionally and shall be managed by self. The user must follow the matters mentioned below and shall not let any password being used by a third party.
The password shall not be predicted easily by a third party.
Never show your password to a third party.
When you use this service on the computer/cell-phone which plural human beings use, when you finish the use of this service, be careful to log out by all means, terminate a web browser.
When you use this service on the computer/cell-phone which plural human beings use, when you finish the use of this service, be careful not to use easy login or remember my mail/password functions for next use and delete the auto registration function if checked out or enabled.
When there is a use of this service by a registered password, it shall be treated as the system being used by the person registered with full responsibility and jurisdiction.
When the damage occurs to an operator or the third party because of the unauthorized use of the password, the user shall compensate it for the damage concerned to an operator and a third party. In addition, a user shall perform the management of the registration information under the responsibility of the self, and the operator shall not take responsibility about all disadvantages that a user took and damage because registration information was incorrect or false.
A user shall be provided with this service depending on conditions such as age or the use environment set by the operator.
Article 8. Charge
On the occasion of the use of Cryptocurrency, use tollage may be necessary. For more information about charge, confirm fee explanation placed in a website of Cryptocurrency and the site of each gateway.
Article 9. The deposit and withdrawal
The money to each gateway can be deposited using bank transfer or any other crypto-currency mentioned by an operator.
The withdrawal from the account of the user shall be the transfer towards the financial institution suggested.
Regarding the withdrawal, only the amount requested by the user shall be accepted based on methods and schedule of the operator.
When an error occurs during the transaction and the reflection of deposit amount could not be confirmed in the account of the operator, principally the deposit process will be started on first business hour of the concerned financial institution, next day after confirming the deposit.
When the process of deposit gets completed, request content shall not be changed or cancelled later.
Article 10. Change/termination of service contents
When there is any of the following reason, the service in parts or all shall be suspended or stopped without any prior notice. The operator shall not be liable in such loss or damage caused by the suspension/termination of the service to the user or the third party.
While performing the maintenance or other construction of facilities of Cryptocurrency by an operator or the third party assigned.
In case of failure or malfunction occurred in Cryptocurrency facility.
In the state of emergencies like an earthquake, a flood, tsunamis, natural disaster, war, a disturbance, the riots and others.
On the request or regulation of judiciary or other government institutions.
Beyond those, if an operator judges it to be necessary by a technical/operational reason.
The service as a whole (or parts of the service contents) shall be changed, suspended or terminated by the operator without any prior notice and the operator shall not be liable to the loss or damage occur to user or third party.
Article 11. Withdrawal of membership
If a user finishes the use of this service and wish to abandon a user qualification of the self, shall apply for termination according to the rules established by the operator.
The operator shall not be obliged to hold or use personal information or user contents of the withdrawn user for any purpose.
Article 12. Communication to a user
The operator shall contact, notify the user by sending an e-mail or writing into a defined web site. However, postal or telephone contact too may occur if decided necessary.
Article 13. Facilities for the use
It is necessary to access the Web so that a user can use this service. For this purpose, the user shall arrange all necessary software or hardware environment with full responsibility and cost of the self and operate accordingly. Operator shall not be obliged to provide any instructions or operation methods to access the web. In addition, provisions of the original distribution shall be followed duly while using those software or applications required to view/use this system.
Article 14. Copyright, property right or other rights
User shall use this service with in a scope set by the operator.
The patent right regarding all contents delivered in this service reserved to the operator. No rights like the utility model right, a design right, a trademark, a copyright, the enforcement of other intellectual property rights or licensing and use are permitted to the user.
Users are prohibited to copy, transmit, transfer (including the sale between the users), lend, translate, adopt, replicate, secondary use, commercial use, modification, reverse assembling, reverse engineering etc. of the system and its contents exceeding the limitation of use determined by the service provider.
Notwithstanding the provisions mentioned above, on the termination of service due to the termination of membership, the right to use the contents delivered shall be deprived.
Article 15. Immunity from responsibility
The operator does not participate at all about use of PC environment of the user and does not take any responsibility at all.
The operator does not take any responsibility on any damage or loss to occur because of contents change, interruption and the termination of this service.
The operator does not take any responsibility about the legality, morality, reliability, accuracy about the homepage linking to from each page of this service.
The operator does not carry any compensation responsibility on the back about the damage that occurred to a user directly or indirectly by having used this service.
Even if the loss of opportunity, interruption of business or any other damages (including the indirect damage and loss of profits) occur to any third party by the user and notified in advance to the operator, it shall not be a liability to the operator.
When intention or a gross error consists in an operator or when a contract corresponds to consumers in Consumer Contract Law, the rule of Clause 1 of the pervious paragraph does not apply to it.
When an operator bears compensation responsibility for damages caused while using this service, user shall be compensated with an amount of money equal to the amount paid to us, based on Article 6.
When any damage to a third party occur or any dispute arises between user and the third party, it shall be resolved on the full cost and responsibility of the user. Operator shall bear no responsibility to this.
When a user occur any loss or damages to an operator in connection with the use of this service, user shall be accountable to compensate the operator (including a legal cost and the legal fee).
Article 16. Prohibited Activities
The operator sets following activities as prohibited one, and the user shall not perform these.
An act of the money laundering.
Activities of forgery, fictitiousness and possession of multiple account.
Regardless of all or part, copying, reproducing, sending, a transfer, distribution, making transmittable, , modify, translate, lend the information provided by this service or use/archive it for such purpose without the prior permission of the operator.
All acts to violate this agreement or Terms of Use of each service.
Offensive activities to public order and morals or a similar act.
Criminal and unlawful activities or a similar act.
An act to give a disadvantage to other users or a third party or a similar act.
An act to interfere with this service or a similar act.
An act to damage the trust of an operator or this service or a similar act.
An act to violate intellectual property (a copyright, a design right, the utility model right, a trademark, a patent right, know-how are included, but are not limited to this) right, the honor of an operator or the third party, the right of privacy or other third parties or profit or similar act.
An act encouraging the activities mentioned above.
In addition, judge that an operator is inappropriate.
When it is found that above activities were committed, the operator shall apply appropriate measures like: termination of the use of this service, property freeze, and other effective measures. When an operator judges a user performed an inappropriate act against the spirit of the contents of this agreement or a purpose or this agreement, stronger measures shall be applicable. With or without regarding the responsibility of the inappropriate act committed or inspired to commit by other users, it will be dealt by the discretion of the operator. The operator shall not be liable to answer if asked by the user regarding the step taken and shall be considered that the user is aware of such outcome. Even if any loss or damage occurs to the user due to the measures that an operator performed regarding the offences mentioned above, the operator shall not take any responsibility at all.
Article 17. Change of this agreement
The contents of this agreement may change in parts or as a whole, if needed. In that case, each user shall not be informed so, are requested to refer latest terms of use by all means while using this system. When you use this system after the change, agreement on revised terms shall be considered.
Article 18. Separability
Even if either article or part of this agreement is judged with invalidity or execution inability by Consumer Contract Law or other laws and ordinances, the remaining rule of this agreement and a part continue invalidity or execution inability and the part of the judged prescribed remainder and shall completely have effect.
Article 19. Governing law, jurisdiction
Regarding all suits related to this agreement, Estonia court shall be an exclusive jurisdiction court for the first trial.
Article 20. Mutual cooperation
When an unspecified reason occurred to this agreement or when a doubt or confusion regarding the interpretation of each article of this agreement arise, an operator and the user shall solve it after discussing with sincerity and good faith.
