Terms & Conditions

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The Services allow all registered users of the Services to Purchase and Sell Digital Assets as further specified under these Terms of Use. These Terms refer to, incorporate, and include the Privacy Policy, which also applies to your use of the Site. In addition to the terms contained herein and the Privacy Policy, You shall be bound by the terms and conditions governing the purchase, sale of Digital Assets. Users shall be permitted to avail of the Services including the User Account only after reading the terms herein and in the policy documents set out hereunder and after accepting the same.

Terms and Conditions Agreement is governed by and construed in accordance with the laws of Estonia.

1. USER ACCOUNT

a. An account will be created for your use on the Site and you will be provided with required Account Information to enable your access to the Account. In order to access any Services, you must activate your account (“User Account”) by following the identity verification process specified. Failure to complete the User Account activation process as per the specified process will entitle the Company to terminate the said User Account. The term “Account Information” refers to a password and such information which may be provided by you as part of our security and verification procedures. If you register on the Site through any third party website like Gmail, the login information of such third party account, as the case may be, shall be considered part of the Account Information. You must always treat Account Information as confidential and must not disclose it to any third party. Any access to them through your Account shall be considered as access by you or on your behalf and you shall be solely responsible for any activity carried out in, by or through your User Account either on the Site.

b. You represent and warrant that: (A) you are competent to contract i.e. (i) if you are an individual, that you are over eighteen years of age, or (ii) that if you are registering on behalf of an entity, that you are authorized to enter into, and bind the entity to, these Terms of Use and register for the Services (B) your membership has not been suspended or terminated by us for any reason whatsoever. If we change the eligibility criteria to be registered with the Site, you no longer comply with the new eligibility criteria, as determined by us in our sole discretion, you accept that we may close Your User Account without any liability for us. You are solely responsible for ensuring that You are in compliance with these Terms of Use with all laws, rules, and regulations applicable to you. If your right to access the Services is revoked or use of the Services is in any way prohibited, in such circumstances, you agree not to use or access the Site and use the Services in any way.

2. IDENTITY VERIFICATION

a. To comply with KYC recommendations, we require our clients to verify their identity by providing scanned copies of the following: Digitized copy of the ID/Passport, Utility Bill.

b. The Company may use your personal information: To identify You. To process transactions. To send periodic emails with updates, promotions, company news, and notices regarding changes to policies. Customize, measure, and improve the Service and the content and layout of our Site applications. To analyze use of the Site. Prevent potentially prohibited or illegal activities. Notwithstanding anything contained in these terms of use, the Company shall be free to transfer/ disclose any information shared by you with the Company, to a related party or to an affiliate or to any entity controlled by the promoters of the Company.

3. RISKS

a. A considerable loss may be sustained/incurred while trading in Digital Assets, hence you are advised to determine your financial circumstances and risk tolerance before trading and carefully consider the following risks: Digital Assets are currently unregulated, holding and transferring some or all Digital Assets may be deemed illegal in the future. You are encouraged to obtain appropriate legal counsel regarding the same before using the Site. ‘Virtual currencies’ (including all cryptocurrencies) have not been recognized or authorized as a medium for payment, as a commodity for trade, or in any form, by the central bank, monetary authority, or governmental or regulatory body. The value of any Digital Asset is very volatile and you may sustain a total loss of your Funds. Digital Assets are not backed by a central bank or any other financial regulator and as such, there is no third party that may take any corrective action upon the occurrence of a global/regional crisis. Since Digital Assets are held online, they are susceptible to security breaches and government crackdowns that may end up compromising the integrity or anonymity of the system that produces such Digital Assets.

b. You acknowledge that the aforementioned is an inexhaustive statement of risks associated with the trade of Digital Assets and that there may be additional risks not listed or foreseen by the Company. By creating User Account you acknowledge that you have carefully assessed your financial standing and risk tolerance and you confirm that the same is suitable for trading in Digital Assets.

4. ACCESS TO THE SITE

a. We do not guarantee that your use of the Site will always be available or be uninterrupted. Access to the Site is permitted on a temporary basis. We may suspend, withdraw, discontinue or change all or any part of the Site without notice. We will not be liable to you including without limitation for any losses incurred due to the volatility of prices of the Digital Asset if for any reason the Site is unavailable at any time or for any period.

b. You are also responsible for ensuring that all persons who access the Site through your internet connection are aware of these Terms and other applicable terms and conditions and that they comply with them.

c. The service operated by us in the name of Cryptomarine.eu allows buyers (“Buyers”) and sellers (“Sellers”), to buy and sell digital currencies.

d. The service provided by us also allows all registered users of the Service (“Members”) to:

  1. Send and receive digital currencies.
  2. Purchase and sell digital currencies.

e. It is possible that the laws in the country where the user resides do not allow the usage of an online tool with the characteristics of digital currency or any of its features. We do not encourage the violation of any laws and cannot be held responsible for the violation of such laws. It is your responsibility to follow the laws of your country of residence and/or country from which you access this Website and the Service. As long as you agree to and comply with these Terms of Use, we grant you a personal, non-exclusive, non-transferable, non-sublicensable, and limited right to enter and use the Website and the Service.

5. LIMITED RIGHT OF USE

a. Unless otherwise specified, all materials on this Site are the property of the Company and are protected by copyright, trademark and other applicable laws. You may view, print and/or download a copy of the Materials from this Site on any single computer solely for your personal, informational, non-commercial use, provided you keep intact all copyright and other proprietary notices.
b. The trademarks, service marks and logos of the Company and others used in this Site (“Trademarks”) are the property of the Company and their respective owners. The software, text, images, graphics, data, prices, trades, charts, graphs, video and audio used on this Site belong to the Company. The Trademarks and material should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected or distributed in any form or by any means, whether manual or automated. The use of any such Materials on any other Site networked computer environment for any other purpose is strictly prohibited; any such unauthorized use may violate copyright, trademark and other applicable laws and could result in criminal or civil penalties.

6. EXTERNAL WEBSITES

a. Our Service may contain links to third-party web sites (including payment gateways) or services that are not owned or controlled by the Company. The Company has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that the Company shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such web sites or services. We strongly advise you to read the terms of use and privacy policies of any third party websites or services that you visit.

7. FINANCIAL ADVICE

a. For the avoidance of doubt, we do not provide any investment advice in connection with the Services contemplated by these Terms of Use. We may provide information on the price, range, volatility of Digital Assets and events that have affected the price of Digital Assets but this is not considered investment advice and should not be construed as such. Any decision to purchase or sell Digital Assets is Your decision and the Company will not be liable for any loss suffered.

8. TAXES

a. It is Your responsibility to determine, collect, report, and submit any taxes applicable to the payments You make or receive in connection with the use of the Site and the Service to the appropriate tax authority. The Company is not responsible for determining whether taxes apply to your transaction, or for collecting, reporting or remitting any taxes arising from any transaction.

9. LIMITATION OF LIABILITY

a. Users are responsible for their actions in connection with the use of the Site, service and their Accounts. Users are also responsible for protecting access information to the Site including, but not limited to, user names, passwords, and bank account details. The Company is not responsible for the outcome, whether positive or negative, of any action performed by any of its users within or related to the Site. Some deposits and withdrawal methods require the Company to use personal details of the user including, but not limited to, name, address, email, phone number, and bank account number, etc. and you agree that Company can use this information to facilitate deposits and withdrawals. The Company shall be in no manner be liable for any transaction failure or loss caused due to any fault on part of the User including for the User providing any wrong information or detail. In the event the User deliberately provides false information and/or provides any misrepresentation and/or attempts to create false identity/ID and/or impersonate any other person and/or attempts to breach the Terms of Use, the User shall be liable to indemnify the Company and the Company may take all necessary legal actions against the User, including any criminal action.

b. The parties agree that in no event shall the Company or its affiliates, officers, directors, agents, employees, and suppliers be liable for lost profits or any special, incidental or consequential damages arising out of or in connection with the use of our Site, Service, or these Terms of Use. In case the applicable laws do not permit the limitation or exclusion of damages as described above, our aggregate liability (including the liability of our affiliates, officers, directors, agents, employees, and suppliers) in respect of claims based on events arising out of or in connection with any single member’s use of the Website, whether in contract or tort or otherwise, shall in no circumstances exceed the amount of the transaction(s) that are the subject of the claim less any amount of commission that may be due and payable in respect of such transaction(s).

c. We have no control over, or liability for, the delivery, quality, safety, legality or any other aspect of Digital Assets that You may purchase or sell to or from a third party (including other users of the Services). We are not responsible for ensuring that a third party buyer or seller You transact with on the Site will complete a transaction or is authorized to do so. We shall not be liable or responsible for any risk associated with such third party transaction, including any issue that may arise in respect of banking transactions that You may undertake in pursuance thereof.

d. If You experience a problem in buying or selling Digital Assets from or to a third party or If You believe a third party has behaved in a fraudulent, misleading, or inappropriate manner, you may notify us via support.Cryptomarine.eu so that We may consider what action to take if any. Our decision in relation to such dispute shall be final and binding on You.

e. Notwithstanding anything contained herein, We reserve the right to decide if a dispute exists in relation to any transaction undertaken on the Site by You with a third party and our decision in relation to the same shall be final and binding on You.

10. INDEMNITY

a. To the full extent permitted by applicable law, You hereby agree to indemnify the Company and its affiliates, officers, directors, agents, employees, and suppliers against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred if direct or not directly arising from your use of the Site, Service, or from your violation of these Terms of Use.

11. TERMINATION

a. You may terminate this agreement with the Company, and close your Account at any time, following the settlement of any pending transactions.

b. You agree that Company may, by giving notice, in its sole discretion, terminate your access to the Site and to your Account; including without limitation, suspending or terminating the Service and Users’ Accounts, prohibiting access to the Site and its content, services and tools, delaying or removing hosted content, and taking technical and legal actions to keep Users off the Site if we reasonably perceive that such Users are creating any problems, including without limitation, possible legal liabilities, infringement of the intellectual property rights, or acting inconsistently with the letter or spirit of these Terms of Use.

c. Notwithstanding the above, we may, in appropriate circumstances and at our sole discretion, suspend or terminate Accounts of Users for any reason, including without limitation (1) attempts to gain unauthorized access to the Site or another User’s account or providing assistance to others’ attempting to do so, (2) overcoming software security features limiting use of or protecting any content, (3) usage of the Service to perform illegal activities such as money laundering, illegal gambling operations, financing terrorism, or other criminal activities, (4) violations of these Terms of Use, (5) failure to pay or fraudulent payment for transactions, (6) unexpected operational difficulties, or (7) upon the request of any governmental authority, if deemed to be legitimate and compelling by the Company, acting in its sole discretion.

d. We also reserve the right to cancel unverified Accounts or Accounts that have been inactive for a period of 6 months or more, and/or to modify or discontinue our Site or Service. Users agree that the Company will not be liable to them or to any third party for termination of their Account or access to the Site.

e. You hereby agree that the suspension of an Account shall not affect the payment of the commissions due for past transactions. Upon termination, Users will receive any monies owed to them via their registered bank account with the Company.

12. AMENDMENT AND CHANGES

a. We may revise these Terms of Use at any time by amending this page. Please check this page from time to time to take notice of any changes we made, as they are binding on you.

b. We may, without prior notice, change the Services; add or remove functionalities or features; stop providing the Services or features of the Services, to you or to Users generally; or create usage limits for the Services.

13. ASSIGNMENT

a. You acknowledge and agree that the Company can freely assign these Terms of Use or any of its rights under these Terms of Use to any person without your consent. You shall, however, not be entitled to assign these Terms of Use, in whole or in part, to another person without the prior written approval of the Company.

14. COMMUNICATIONS

a. When you visit the Site or send e-mails to us, you are communicating with us electronically. You also consent to receive communications from us electronically. We will communicate with you by e-mail or by posting notices on this Site. You agree that all agreements, notices, disclosures and other communications that we provide to you electronically satisfy any legal requirement that such communications be in writing. You agree that in case there are any changes in any information provided by you to us, including your e-mail address and other contact details, you will be solely responsible to update them regularly. If we send any communication by e-mail, it shall be sent to your e-mail address available on the records created by you on the Site and the App and it shall be deemed to have been received by you once it is reflected assent in the outbox of our e-mail id.

16. APPLICABLE SANCTIONS

a. You fully understand and accept that we may not make the Services available in all markets and regions, and may restrict or prohibit the use of the Services from, and by residents or nationals of, certain jurisdictions. You, therefore, further represent and warrant that you are not located in, under the control of, or a national or resident of any Restricted Locations.

b. We may restrict or prohibit the use of our services from, and by residents or nationals of, the following jurisdictions:

    Restricted countries or territories

  • Afghanistan
  • USA (license/legal opinion)
  • Bahamas
  • Bangladesh
  • Botswana
  • Bolivia
  • Bosnia & Herzegovina
  • South Sudan
  • Ecuador
  • Ethiopia
  • Ghana
  • Indonesia
  • Iraq
  • Iran
  • Iceland
  • Japan (license)
  • Yemen
  • Kyrgyzstan
  • Congo
  • North Korea
  • Cuba
  • Kuwait
  • China (ICO)
  • Lebanon
  • Libya
  • Morocco
  • Myanmar
  • Nepal
  • Nigeria
  • Pakistan
  • Palestine
  • Sirya
  • Sudan
  • Sri Lanka
  • Trinidad and Tobago
  • Tunisia
  • Venezuela
  • Uganda
  • Zimbabwe
  • Nicaragua
  • Cambodia

17. CONTACT US

a. For general inquiries, complaints and/or giving any feedback, please visit [email protected]

b. In case you do not want to continue using our Services and want to deactivate your Account with us, please visit [email protected]