Terms Of Service

  • THE USER’S RIGHTS AND RESPONSIBILITIES
    1. The User has the right to enter and use the Site and the Services, as long as he/she agrees to and actually complies with the Terms of Use. By using the Site, the User agrees to accept and comply with the terms and conditions stated herein.
    2. The User undertakes to read the entire Terms of Use carefully before using the Site or any of the services provided by KOINTECH.
    3. The User undertakes to comply with any and all applicable laws and regulations related to the use of the Services.
    4. The User undertakes to monitor all and any changes on his/her Account, including but not limited to the balance matters.
    5. The User undertakes to immediately (i.e. right after the moment of discovery) inform KOINTECH about any unusual, suspicious, unclear or abnormal changes on his/her Account. In case of late informing or non-informing the User will be liable for the breach of the Terms of Use and KOINTECH will have the right to take any further steps accordingly, including but not limited to report to the relevant state or national authorities.
    6. The User undertakes not to use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, financing terrorist organizations, or malicious hacking.
    7. The User is responsible for any and all damages caused, and all liability actions brought against KOINTECH for infringement of any third-party rights or violation of any applicable laws.
    8. Nothing in the Terms of Use excludes or limits the liability of the User for fraud, death or personal injury caused by their negligence, breach of the terms implied by operation of law or any other liability which may not be limited or excluded by law.
    9. Users are solely responsible for determining whether any contemplated Transaction is appropriate for them based on their personal goals, financial status and risk willingness.

  • THE USER’S REPRESENTATIONS AND WARRANTIES
  • By registering an Account, the User expressly represents and warrants that he/she:

    • follows the rules and laws in his/her country of residence and/or country from which he/she accesses this Site and Services;
    • has accepted these Terms of Use;
    • is at least 18 years old and has the right to accept these Terms of Use and participate in transactions involving Cryptocurrencies.

    The User represents and warrants that he/she will only use the Platform to perform Transactions in accordance with the conditions set forth in these Terms and that they are duly authorised and have the capacity to enter into the Transactions on the Platform.

    The User represents and warrants that all Transactions being carried out do not violate the rights of any third party or applicable laws.

  • KOINTECH'S RIGHTS AND RESPONSIBILITIES
  • KOINTECH has the right to suspend the User’s Account and block all Cryptocurrency contained therein in case of non-fulfilment or unduly fulfilment of the Terms of Use by the User.

    KOINTECH undertakes to provide the Services with the utmost effort, due care and in accordance with these Terms of Use.

    To the extent permitted by law, KOINTECH is not 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 the Terms of Use by KOINTECH.

    KOINTECH is not responsible for any malfunction, breakdown, delay or interruption of the Internet connection or any reason why our site is unavailable at any given time.

    In the case of fraud, KOINTECH 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 law. The Users recognize that their account may be frozen at any time at the request of any competent authority investigating a fraud or any other illegal activity.

  • INTELLECTUAL PROPERTY RIGHTS
  • All content on this Site is the property of KOINTECH and is protected by copyright, patent, trademark and any other applicable laws, unless otherwise specified hereby.

    The trademarks, trade names, service marks and logos of KOINTECH and others used on the Site (hereinafter the “Trademarks”) are the property of KOINTECH and its respective owners. The software, applications, text, images, graphics, data, prices, trades, charts, graphs, video and audio materials used on this Site belong to KOINTECH. The Trademarks and other content on the Site should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected or distributed in any form or by any means, no matter manual or automated. The use of any content from the Site on any other site or a networked computer environment for any other purpose is strictly prohibited; any such unauthorized use may violate copyright, patent, trademark and any other applicable laws and could result in criminal or civil penalties.

  • ILLEGAL TRANSACTIONS
  • KOINTECH reserves the right to suspend or terminate your KOINTECH Account at any time if we reasonably believe to be required to do so by the law or in order to comply with recommendations issued by a relevant government authority or recognized body for the prevention of financial crime.

    It is strictly forbidden to use the Account for any illegal purposes. KOINTECH will report any suspicious activity to the relevant law enforcement.

    The User shall ensure that they do not use the Services for the transactions relating to:

    • drugs, narcotics or hallucinogens;
    • any goods or services that are illegal or the promotion, offer or marketing of which is illegal or that are offered in connection with illegal, obscene or pornographic content, depict children or minors in sexual postures, depict means of propaganda or signs of unconstitutional organisations glorifying war or violating human dignity;
    • human trafficking;
    • money laundering, terrorist financing, proliferation of weapons of mass destruction;
    • weapons of any kind;
    • goods that are subject to any trade embargo;
    • body parts or human remains;
    • weapons or explosive materials; or
    • any other illegal goods, services or transactions.

  • ACCOUNT SECURITY
  • The User is responsible for maintaining the confidentiality of their Account’s credentials, including, but not limited to a password, email, wallet address, balance and of all activity including Transactions made through the Account.

    KOINTECH personnel will never ask the User to disclose their password. Any message the User receives or website that he/she visits that asks for the password, other than the KOINTECH Site, should be reported to KOINTECH. If the User is in doubt whether a website is genuine, it is required to ensure the website is EV SSL compliant (Security Certificate Validation is shown in the address bar of a web browser).

    It is obligatory for the User to change his/her password every three (3) months on a regular base in order to reduce the risk of a security breach in relation to the Account. KOINTECH also advises the User not to choose a password that is easily guessed from information someone might know or gather about the User or a password that has a meaning. The User must never allow anyone to access his/her Account or watch the User accessing his/her Account.

    If the User has any security concerns about his/her Account, login details, password or other security feature being lost, stolen, misappropriated, used without authorization or otherwise compromised, the User is advised to change the password. The User must contact Support Service without undue delay on becoming aware of any loss, theft, misappropriation or unauthorized use of the Account, login details, password or other security features. Any undue delay in notifying KOINTECH may not only affect the security of the Account but may result in the User being liable for any losses as a result. If the User suspects that someone else accessed his/her Account, the User should also contact an appropriate government agency and report the incident.

    Additional products or services the User uses may have additional security requirements and the User must familiarize with those as notified to him/her.

  • SERVICES AVAILABILITY
  • All Services are provided “AS IS”, without guarantees of any kind, either expressed or implied.

    KOINTECH will strive to keep the Site up and running; however, all online services suffer from occasional disruptions and outages and KOINTECH is not liable for any disruption or loss the User may suffer as a result. Thus, KOINTECH does not provide any guarantees that access to the Site will not be interrupted or that there will be no delays, failures, errors, omissions or loss of transmitted information.

    KOINTECH will use reasonable endeavours to ensure that the User can normally access the Site in accordance with the Terms of Use. KOINTECH may suspend use of the Site for maintenance and will make reasonable efforts to give the User a notice. The User acknowledges that this may not be possible in an emergency.

  • LIMITATION OF LIABILITY
  • IN NO EVENT SHALL KOINTECH, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AND ALL THIRD PARTY SERVICE PROVIDERS BE LIABLE TO THE USER OR ANY OTHER PERSON OR ENTITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES WHATSOEVER, INCLUDING ANY THAT MAY RESULT FROM (I) ACCURACY, COMPLETENESS OR CONTENT OF THIS SITE, OR ANY OF KOINTECH RELATED MEDIUMS OF COMMUNICATION, INCLUDING TELEGRAM, BLOG, FACEBOOK, TWITTER, (II) ACCURACY, COMPLETENESS OR CONTENT OF ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (III) THE SERVICES FOUND AT THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (IV) PERSONAL INJURY OR PROPERTY DAMAGE OF ANY NATURE WHATSOEVER, (V) THIRD-PARTY CONDUCT OF ANY NATURE WHATSOEVER, (VI) ANY UNAUTHORIZED ACCESS TO OR USE OF OUR SERVERS AND/OR ANY AND ALL CONTENT, PERSONAL INFORMATION, FINANCIAL INFORMATION OR OTHER INFORMATION AND DATA STORED THEREIN, (VII) ANY INTERRUPTION OR CESSATION OF SERVICES TO OR FROM THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (VIII) ANY VIRUSES, WORMS, BUGS, TROJAN HORSES OR THE LIKE, WHICH MAY BE TRANSMITTED TO OR FROM THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (IX) ANY USER CONTENT OR CONTENT THAT IS DEFAMATORY, HARASSING, ABUSIVE, HARMFUL TO MINORS OR ANY PROTECTED CLASS, PORNOGRAPHIC, “X-RATED”, OBSCENE OR OTHERWISE OBJECTIONABLE AND/ OR (X) ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USER'S USE OF THIS SITE OR THE SERVICES FOUND AT THIS SITE, OR ANY OF KOINTECH RELATED MEDIUMS OF COMMUNICATION, INCLUDING TELEGRAM, BLOG, FACEBOOK, TWITTER, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR ANY OTHER LEGAL OR EQUITABLE THEORY AND WHETHER OR NOT KOINTECH IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN ADDITION, YOU SPECIFICALLY ACKNOWLEDGE AND AGREE THAT ANY CAUSE OF ACTION ARISING OUT OF OR RELATED TO THIS SITE OR THE SERVICES FOUND AT THIS SITE MUST BE COMMENCED WITHIN ONE (1) YEAR AFTER THE CAUSE OF ACTION ACCRUES, OTHERWISE SUCH CAUSE OF ACTION SHALL BE PERMANENTLY BARRED. IN ADDITION, THE USER SPECIFICALLY ACKNOWLEDGE AND AGREE THAT IN NO EVENT SHALL KOINTECH’S TOTAL AGGREGATE LIABILITY EXCEED THE TOTAL AMOUNT PAID BY THE USER FOR THE PARTICULAR SERVICES THAT ARE THE SUBJECT OF THE CAUSE OF ACTION. THE FOREGOING LIMITATION OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW AND SHALL SURVIVE ANY TERMINATION OR EXPIRATION OF THIS AGREEMENT OR THE USER'S USE OF THIS SITE OR THE SERVICES FOUND AT THIS SITE.

  • INDEMNITY
  • The User agrees to protect, defend, indemnify and hold harmless KOINTECH and its officers, directors, employees, agents and third party service providers from and against any and all claims, demands, costs, expenses, losses, liabilities and damages of every kind and nature (including, without limitation, reasonable attorneys’ fees) imposed upon or incurred by KOINTECH directly or indirectly arising from (i) the User’s use of and access to this Site or the Services found at this Site; (ii) the User’s violation of any provision of the Terms of Use or the policies or agreements which are incorporated herein; and/or (iii) the User’s violation of any third-party right, including without limitation any intellectual property or other proprietary right. The indemnification obligations under this section shall survive any termination or expiration of the Terms of Use or the User’s use of this Site or the Services found on this Site.

  • MODIFICATIONS AND AMENDMENTS
  • KOINTECH reserves the right to amend or modify any portion of these Terms of Use at any time by publishing the revised version of the Terms of Use on the Site. The changes will become effective and shall be deemed accepted by the User, the first time the User uses the Services after the publishing of the revised Terms of Use and shall apply on a going-forward basis with respect to any activity initiated after publishing. In the event that the User does not agree with any such modification, the User's sole and exclusive remedy is to terminate the use of the Services and close the Account. The User agrees that KOINTECH shall not be liable to the User or any third party as a result of any losses suffered by any modification or amendment of these Terms of Use.

  • FORCE MAJEURE
  • If KOINTECH is unable to perform the Services outlined in the Terms of Use due to the factors beyond its control including but not limited to the event of Force Majeure, change of law or change in sanctions policy, KOINTECH will not have any responsibility to the User with respect to the Services provided hereunder and for a time period coincident with the event.

  • NON-WAIVER OF RIGHTS
  • This Agreement shall not be construed to waive rights that cannot be waived under applicable state money transmission laws in the state where you are located.

    The User unequivocally agrees and understands that this Agreement, Privacy Policy among others as incorporated by reference herein, collectively memorialize the relationship and agreement by and among you and KOINTECH. This Agreement entered into by the User and KOINTECH, supersedes all prior discussions, agreements, or correspondence of any kind.