Welcome to Invexcoin. You are about to have one of the best experiences, with You, we want to #makecryptouseful.
The following is an easy-to-read summary of our Terms of Service which is intended to provide an overview of the main terms applicable to Your use of the Services and Applications. Although we hope this summary is useful, our lawyers ask us to remind You that You should read the complete version of the Terms of Service below since they are the binding agreement between You and Invexcoin.
Who are we? Invexcoin International (“Invexcoin”) is a limited liability company incorporated and registered in Gibraltar, licensed by the Gibraltar Financial Services Commission (“GFSC”), with license number FSC1348B, as a distributed ledger technology provider.
Too many important terms, so we needed to define some of them. The Terms govern the use of our Services and represent a binding legal agreement between You and Us. Capitalized terms shall have the meaning assigned to them in the Terms of Service.
To use the Services, You must register and create an Account through the Applications
What happens in general when you deposit or withdraw. By placing an Order through the Exchange, You agree that (i) once an Order is executed such Transaction is irreversible and may not be cancelled even if sent incorrectly or to the wrong address, (ii) the completion of Orders at a specified price or amount is not guaranteed, (iii) You are solely responsible for the Transactions and (iv) You have read and understand our Risk Disclosure
In the event a Transaction is performed at an incorrect price due to an error on our end, Invexcoin may take measures to remedy and rectify such inaccuracies.
We want You to have the best experience with Us and we want to offer You the best systems and technology. Fees are applied as set out in the Fees Page. By placing an Order, you agree to pay the applicable Fee which will be directly deducted from your Account and may change from time to time, in such event we will communicate this to You.
It’s important for us that You understand the following so that you can have a wonderful journey with Invexcoin. You agree, represent and warrant that:
Be alert for suspicious or fraudulent activities that might put your data at risk.One of the most well-known scams is phishing. Phishing is when fraudsters try to mislead people by impersonating your company in order to get your data. Phishing scams are on the rise, and we therefore recommend that You keep an eye out for unusual activity or movement related to your account. Remember that we will always communicate with You through our official communication. If You have any questions about unusual activities or communications sent to You on behalf of Invexcoin, please contact us before engaging in such activity.
Please observe these Terms, we want to provide our Services to You. We reserve the right to suspend or terminate Your Account or the Services we provide without prior notice if that’s the case we will proceed in accordance with section 9 of the Terms.
We expect that this does not happen, but if it does You agree to indemnify us for actions arising out of Your incorrect use of the Services and Applications or breach of the terms.
To the fullest extent permitted by Applicable Law, in no circumstances shall (i) Invexcoin be liable for any direct, indirect, special, incidental or consequential loss of any kind and; (ii) the aggregate liability of Invexcoin exceed the total amount paid by You for the Service.
Disclaimers
The Services and/or Applications are available on an “as is” and “as available” basis.
We expect that this does not happen, but if it does; You and Invexcoin will settle Disputes solely through binding individual arbitration waving the right to any other trial either by jury or to participate in a class action
Security is very important for us, and the best way to protect Your Account is setting up Your 2FA, please do so. You are solely responsible for preserving the security of Your Account. Invexcoin will never ask You to disclose Your password
Remember that a good planning will help You in the future. In the event of death of the Account Holder, all Funds will be assigned to Your designated beneficiaries unless the applicable law prevents us to do so. If You have not appointed beneficiaries, we will follow the procedures defined by the applicable law.
Things change in this evolving industry, we may amend or modify the Terms from time to time. Access to the Services may become partially or totally unavailable during periods of significant volatility or volume.
We want to hear You, You can contact us by live chat or by creating a support ticket at the help center or through any of our official social media accounts
Thanks for reading, don’t forget that the complete version of the Terms of Service is the only binding agreement between You and Invexcoin.
Enjoy the ride with Invexcoin and lets #makecryptouseful
PLEASE READ THESE TERMS OF SERVICE OF THE BADGER TECHNOLOGY COMPANY LIMITED (“Invexcoin International”, “Badger” “we”, “our”, “us”) (“TERMS”) CAREFULLY. BY CLICKING TO ACCEPT, OR BY ACCESSING OR USING OUR SERVICES, YOU WILL BE DEEMED THAT YOU HAVE FULLY READ, UNDERSTAND AND ACCEPT ALL CONTENT WITHIN THESE TERMS AND REACHED AN AGREEMENT WITH Invexcoin INTERNATIONAL. YOU UNDERTAKE TO ACCEPT AND ABIDE BY THE TERMS AND SHALL NOT MAKE A PLEA OF ANY FORM FOR NOT READING THIS AGREEMENT.
These Terms apply to the use of the Services available on the domain of www.Invexcoin.com which includes our web and mobile applications (jointly or severally) (“Applications”).
These Terms together with Risk Disclosure, Privacy Policy, Cookie Policy as well as any other policies published on the Applications are jointly the Agreement between you and Invexcoin International.
Invexcoin International is a company incorporated and registered in Gibraltar under the registration number 117775, having its registered address at Unit 1.02, World Trade Center, 6 Bayside Road, Gibraltar, GX11 1AA, Gibraltar.
Invexcoin International is licensed by the Gibraltar Financial Services Commission (“GFSC”), with license number FSC1348B, under the Financial Services (Investment and Fiduciary Services) Act 1989, as a distributed ledger technology (“DLT License”) provider.
References in these Terms to “your”, “you” or “yours” are to the user who accepts these Terms and agrees to create an account and use the Services as set out in and under these Terms. You and Invexcoin International shall together be referred to as the “Parties” and references to a “Party” shall be to the relevant one of them as the context requires.
2.1. The following words and expressions used in this Terms shall have the following meanings, unless they are inconsistent with the context:
"Account Holder" means a person or an entity that creates an account on the Exchange Platform, uses the Services, and agrees with these Terms and the Agreement.
"Account" means an account created by an Account Holder on the Exchange Platform in order to use the Services.
"Agreement" means these Terms together with Risk Disclosure, Privacy Policy, Cookie Policy of Invexcoin International as well as any other policies published on the Applications that may apply to you.
"Applicable Law" means Gibraltar law or regulation or any other laws, rules or regulations of other territories or jurisdictions (as the case may be) and as may be amended from time to time.
"Applications" has the meaning defined in the preamble of these Terms.
"Automated Conversion" means the automated internal Conversion approved by the Account Holder and performed by Invexcoin International to convert certain Fiat Currency into one or more Virtual Currency, or vice-versa as required for the provision of certain Services.
"Blockchain" means the public transaction ledger for a particular Virtual Currency available on the Exchange Platform
"Buyer" means an Account Holder who places an Order to buy Virtual Currency through the Exchange Platform and enter into a Trade.
"Confirmation Protocol" means the conditions required for a transfer of a specific Virtual Currency in a specific blockchain or network to be deemed settled and completed. In some cases this confirmation protocol might mean that a transaction has been recorded in a block and a number of consecutive subsequent blocks referring back to such block have been added to the blockchain of such Virtual Currency in a way such that any reversal or attempt to reverse such blockchain recordation becomes economically impracticable.
"Exchange Platform" means the digital platform www.Invexcoin.com , also available through the Applications, for buying, selling and storing Virtual Currency.
"Fees Page" means www.Invexcoin.com/fees or if such page is no longer available any other similar or equivalent that Badger may from time to time publish for these purposes.
"Fiat Currency" means any national government issued currency.
"Personal Data" has the meaning defined in Data Protection Act 2004 of the Gibraltar Regulatory Authority and Regulation (EU) 2016/679 (General Data Protection Regulation) as may be amended from time to time
"Prohibited Jurisdiction" means all jurisdictions set out in Schedule A.
"Transaction(s)" means (i) depositing funds into your Account (a "Deposit"); (ii) the use of the Services and/or Applications for trading Virtual Currency, including but not limited to, buying and / or selling Virtual Currency (a "Trade"); (iii) withdrawing funds from your Account (a "Withdrawal"), in connection with the DLT License; (iv) transfer among each Account Holder of Virtual Currencies (a "Transfer"); and (v) the conversion of Virtual Currency in Fiat Currency (and vice versa) in the Exchange Platform (a "Conversion").
"Seller" means an Account Holder who places an Order to sell Virtual Currency through the Exchange Platform.
"Services" means the services offered by Invexcoin International on the Exchange Platform which include the intermediation between Account Holders to buy, sell and store their respective
Virtual Currencies within their Virtual Currency Wallet, in connection with the DLT License
"Virtual Currency" means any virtual currency or digital asset that may be supported on the Exchange Platform from time to time.
"Virtual Currency Wallet" means a software application or other mechanism for holding, storing and transferring Virtual Currency.
Wherever appropriate in these Terms, a singular term shall be construed to mean the plural where necessary, and a plural term the singular.
In order to become an Account Holder and use the Services you must register and create an Account through any of the Applications.
3.1. You agree to provide accurate and complete information about yourself during the registration process and you also agree not to impersonate another person or entity, and not to hide your identity from Invexcoin International for any reason whatsoever. If you register as an entity, you declare that you have the required authority to bind that entity to this Agreement and that you are fully compliant with every legal provision applicable to the entity you represent. Invexcoin International is required by legislation to obtain, verify, and record identifying information of each person who opens an Account. Hence, when you decide to open an Account, we ask you to provide certain documents to identify yourself and to verify the information you have submitted to us upon registration, such as a government issued identification card or passport, utility bill, bank statement or any document proving their identity issued by a governmental body. Invexcoin International reserves the right to reject a registration of a new Account, at our own discretion and/or based on regulatory restrictions imposed on us.
3.2. You are only allowed to register to become an Account Holder and/or use the Services if you are at least 18 years of age and eligible according to the laws of your jurisdiction or under the laws of any other jurisdiction to which you may be subject to. Invexcoin International has no obligation or capability to, and therefore does not, verify whether you are eligible to use any of the Services and we shall not bear any responsibility for your inappropriate or illegal use of the Services, the Applications and/or the Exchange Platform.
3.3. Residents and/or citizens of a Prohibited Jurisdiction are not eligible to become Account Holders. Additionally, at our discretion, we will restrict registration from countries we deem high risk or in which we are not allowed to accept registrations from.
3.4. We may directly or indirectly (through third parties), make any inquiries as we consider necessary to check the relevance and accuracy of the information provided by you.
3.5. Depending on the Account Holder’s place of residence, some or all of the Services may not be available.
3.6. You may register only one Account with us. If you open additional Accounts with us, we reserve the right to immediately terminate such additional Accounts in accordance with Clause 9.
3.7. We automatically generate a Blockchain new address for you after every transaction you make or when funds are moved between your Virtual Currency Wallet and our storage system. This is done to protect your privacy, so that a third-party cannot view all other transactions associated with your account simply by using a Blockchain explorer.
3.8. By becoming an Account Holder, you agree to be bound by the Agreement which represents a binding legal contract between the Parties. You hereby agree to the electronic delivery of notices, policies and records of transactions initiated or completed by you through our Applications. Furthermore, you hereby waive any rights or requirements under any laws or regulations in any jurisdiction which require original (non-electronic) signature or delivery or retention of non-electronic records, to the extent permitted under applicable mandatory law.
3.9. Invexcoin International may, where applicable, make payments to third parties that help initiate, conclude or maintain a business relationship between Invexcoin International (or Invexcoin International ‘s affiliates and subsidiaries) and its clients. These payments may include rebates, commission, widened spreads, and profit sharing.
4.1. Transactions can be entered into by Account Holders by giving instructions through the Exchange Platform (“Order”).
4.2. By placing an Order, you agree that once an Order is executed such Transaction is irreversible and may not be cancelled.
4.3. Invexcoin International may set minimum and maximum prices and order sizes, and order amounts for Transactions which can be seen on the Exchange Platform when placing an Order. Orders for Transactions below or above the set minimum and maximums will not be accepted.
4.4. It may become necessary for Invexcoin International to round up or limit the number of decimals following the separator for Transactions. Where it is necessary to limit decimals, we will round the relevant value to the figure most beneficial to us.
4.5. By placing an Order, you agree that you are solely responsible for determining whether the relevant Transaction is appropriate for you based on your personal goals, financial status and risk willingness and that you have read and understand our Risk Disclosure .
4.6. By using the Services, you agree and acknowledge that:
4.6.1. it may not be possible for Invexcoin International to cancel or modify an Order before it executes. Accordingly, any attempt to cancel or modify an Order will not be recognized by Invexcoin International, unless specifically approved by Invexcoin International. Invexcoin International shall not be liable for any loss you may sustain in the event of a non-cancellation of any Orders under any circumstances;
4.6.2. We will make our best efforts to execute Orders, but we do not guarantee the completion of such Orders and/or the completion of such Orders at a specified price or amount; and
4.6.3. without derogating from the generality of the foregoing, Invexcoin International further reserves the right not to execute Orders for Trade in the following circumstances: (1) Your order violates the Agreement or laws, regulations or rules, or is intended to defraud or manipulate the market; (2) abnormal market conditions and/or a significant disruption in or premature close of trading; (3) force majeure, acts of God, war (declared or undeclared), terrorism, fire or action by an exchange, regulatory or governmental authority that disrupts trading in the relevant cryptocurrency; (4) abnormal status of the Exchange Platform due to security breaches.
Deposits
4.7. You may fund your Account in the Exchange Platform in either Fiat Currency or Virtual Currency.
4.8. A Deposit made in a Fiat Currency must be made from a financial institution account registered in your name or in the name of a person who is duly authorised by you to make a Deposit or institution duly authorized to receive deposits in Fiat Currency. You hereby authorise Invexcoin International to communicate with your financial institution to provide or obtain any information required by Invexcoin International or your bank in connection with the Services.
4.9. Deposits may only be made in the Fiat Currencies or Virtual Currencies available on the Exchange Platform by following the relevant steps for each payment method listed therein. An Order for a Deposit may be credited to your Account as set out in the Fees Page.
Some of the features and Services offered by Invexcoin International may require us to carry out an Automated Conversion as we deem convenient from time to time. Performing Automated Conversions might be needed when providing certain Services or operating with certain Virtual or Fiat Currencies that require us to convert them into Virtual Currencies such Conversions will be carried out internally or through Orders.
As long as an Automated Conversion is not related to an auto sell instruction given by the Account Holder, You will be able to Trade or Convert into Virtual Currencies subject to Automated Conversions as may be generically denominated. By accepting these Terms, You authorize Invexcoin International to carry out Automated Conversions and accept that after the execution of an Automated Conversion, you may receive certain specific Virtual Currency as determined by Invexcoin International, provided however that You will be credited and Your Account will display a generic Virtual Currency balance; the foregoing as long as they are similar or equivalent in design, purpose, function, to the type of Fiat Currency selected.
4.10. Invexcoin International does not guarantee the ability and availability to complete a Deposit in a given time frame, acknowledges and agrees that Deposit in Fiat Currencies may be delayed due to some bank verifications and checks. Similarly, and due to the inherent nature of the cryptocurrency networks, you acknowledge and agree that depositing and withdrawing Virtual Currencies into/from your Account may take some time.
4.11. Except if otherwise expressly mentioned by Invexcoin International Deposits made under these Terms are to be made in full without set-off, counterclaim or deduction.
4.12. All Trades, including Automated Conversions, involving conversions between Virtual Currencies to/from Fiat Currencies are carried out in accordance with the DLT License, in addition all Conversions of Virtual Currency to Fiat Currency, or vice versa, may be created, executed, performed and completed with the usage of any kind and/or type of Virtual Currency.
4.13. Orders for Trades can be made through the Exchange Platform by following the relevant steps. The Exchange Platform supports two distinct types of Orders for Trade; a “Limit Order” and a “Market Order” which shall include “stop loss” and “stop limit”.
4.14. A Stop-Loss Order can help you limit your losses. If the market price reaches or goes below a certain price (the “Stop Price”), your Order will be executed as a Market Order (as detailed below). Stop-Limit Orders combines a Stop-Loss Order with a Limit Order (as detailed below). To place a Stop-Limit Order, you enter two prices; a Stop price and a Limit Price. If the market reaches or goes through the Stop Price, your Order will be executed as a Limit Order.
4.15. When placing a Limit Order, the Exchange Platform will indicate the lowest price for which a Virtual Currency can be bought and the highest price for which a Virtual Currency can be sold at that moment in accordance with the market. Account Holders may also elect to enter an alternative price at which they wish to buy or sell Virtual Currency through the Exchange Platform. However, your Limit Order may not be executed in part, or at all if the Exchange Platform is unable to match Orders at the buy/sell values indicated in your Limit Order.
4.16. When placing a Market Order, the Exchange Platform will not indicate a price for which Virtual Currency can be either bought or sold. Instead, Account Holders will be required to enter the amount of the selected Virtual Currency or Fiat Currency they wish to acquire or sell, and the Order will be executed at such prices in part or in full as may be available.
4.17. By placing an Order for a Trade, you agree that once an Order is executed through the Exchange Platform such Transaction is irreversible and may not be cancelled.
4.18. Orders for Trades are executed immediately upon the automatic matching by the Exchange Platform of a Buyer’s and Seller’s Orders without prior notice to the Buyer and/or Seller.
4.19. Invexcoin International does not guarantee your ability to complete an Order for a Trade, as may be delayed or unavailable as a result of (i) lack of liquidity of such Virtual Currency, (ii) Virtual Currency network issues, (iii) system downtime, or (iv) as Invexcoin International may determine in its sole discretion.
4.20. If we discover an error on our own that results in you receiving less than the amount of funds to which you are entitled, we will rectify it by crediting your Account for the difference. If we discover an error on our own that results in you receiving more than the amount of funds to which you are entitled, we will rectify it by debiting from your Account the difference. In case there aren’t any available funds in your Account we will temporarily suspend some functions, until your Account is debt free.
4.21. When an Order for Trade has been completed, the relevant Fiat Currency and/or Virtual Currency shall be debited from the Buyer’s Account and credited to the Seller’s Account and vice versa. Likewise, for the provision of certain Services and when disclosed as such by Invexcoin International, certain Virtual Currencies might be linked to a certain Fiat Currency, as solely determined by Invexcoin from time to time, therefore, for the provision of certain Services, some Fiat Currencies might be Converted from time to time into Virtual Currencies, with the same or similar characteristics; such conversions, as long as performed internally by Invexcoin, will not bear any cost for you. By accepting these Terms, You authorize and agree to such Conversions by Invexcoin International. Since Invexcoin International is in charge of operating such conversions, you will not run the risk of the underlying Virtual Currencies that comprise the balance shown to you. These conditions and their benefits are not applicable to all trading pairs and are only applicable when disclosed by Invexcoin International.
4.22. A Withdrawal may be made in either Fiat Currency or Virtual Currency through the Applications by following the relevant steps and in connection with the DLT License. Withdrawals may only be made in the Fiat Currencies or Virtual Currencies available in your Account and through the withdrawal methods listed therein, provided however that some Fiat Currency Withdrawals may be subject to Automated Conversions before they are completed. By accepting these Terms, you authorize Invexcoin International to carry out Automated Conversions for withdrawal operations and accept that after the execution of an Automated Conversion and Withdrawal, you will receive the corresponding amount of the selected Fiat or Virtual Currency as applicable.
4.23. A Withdrawal made in Fiat Currency may only be made to a financial institution, including but not limited to banks, in an account registered in the Account Holder’s name or in connection with the DLT License.
4.24. A Withdrawal made in Virtual Currency shall be made to the Virtual Currency Wallet specified in the withdrawal Order. Some Virtual Currency Wallets require additional information in order to process the transaction, this should be provided in the withdrawal Order when applicable.
4.25. You are solely responsible for ensuring the accuracy of the information included in your Withdrawal, such as your account number, bank routing number, wallet address, destination tag and any other confidential or non-confidential information requested by us, depending on the Withdrawal requested by you. Invexcoin International cannot revoke or cancel any Withdrawal once they have been initiated.
4.26. Invexcoin International does not guarantee your ability to complete Withdrawals, and Withdrawals may be delayed or unavailable as a result of bank issues, Invexcoin International downtime or as Invexcoin International may determine in its sole discretion if necessary, to investigate fraud or any other illegal activity.
4.27. Orders for Deposits or Withdrawals may be delayed and may not be reflected on your Account or on a Virtual Currency Wallet until such time as the relevant Confirmation Protocol has been carried out.
4.28. When you make a Deposit or Withdrawal in Virtual Currency you agree that you are aware of the risk of transmitting/sending Virtual Currency to the wrong Virtual Currency Wallet which may lead to the irretrievable loss of your Virtual Currency.
4.29. When holding U.S. Dollar or its virtual representation, you will be able to purchase Virtual Currency or to Withdraw to your bank account, if your jurisdiction and/or our bank partner’s permit.
4.30 According to these Terms, Account Holders can only Transfer among each other Virtual Currencies, being restricted to transfer Fiat Currency or make any other Transaction not set forth herein, unless the applicable laws and DLT License permits otherwise or Invexcoin International obtains an exemption.
4.31 In regard to the possibility of the Account Holders to hold U.S. Dollar in their Accounts, it should be with the sole purpose of acquiring Virtual Currencies. Transfer to other Account Holders or third parties is forbidden, unless the applicable laws and DLT License permits otherwise or Invexcoin International obtains an exemption.
Conversions
4.32. Intermediary Virtual Currency and Fiat Currency Conversion. In specific Services that we will expressly identify in the Applications, you can convert Fiat Currency in Virtual Currency (and vice versa) through the intermediary service provided by us, in which Invexcoin International executes the order to purchase or sell Virtual Currency or Fiat Currency for another Virtual Currency or Fiat Currency on behalf of you after receiving such Order from you and transferring your Fiat Currency/Virtual Currency from your Account to such networks so that one type of Fiat Currency/Virtual Currency is converted into another. You accept all consequences of this Transaction and acknowledge that once an Order is sent in the Exchange Platform it is not reversible
4.33 When you perform a Conversion, we will provide you with an approximate quote (as accurate as possible) indicating the amount of Virtual Currency or Fiat Currency you will receive as a result of the Conversion; all Conversion quotes are based on the size of the order and the current market conditions, additionally, Conversion quotes will be updated automatically every 20 seconds until you accept the quote and consequently give us the Order to execute the Conversion.
4.34 You acknowledge and accept that due to the volatility and speed of the markets, all Conversion quotes may present a variation of up to 1.5% between the amount of Virtual Currency or Fiat Currency presented as in the Conversion quote
4.35.Some services related to the Conversion of Fiat Currency to Virtual Currency and/or to other Fiat Currency, or vice-versa may require the execution of Automated Conversions. You hereby understand and agree that some Services may use Automated Conversions to carry out certain transactions as may be determined by Invexcoin International from time to time, and certain Automated Conversions, depending on the Service, may or may not be specifically disclosed by Invexcoin International, provided however that at all times this Automated Conversions will maintain the current balance of the Account Holder.
4.36. Since the Conversion may require integration with other Virtual Currencies networks, we are subject to their terms and certain limitations to maintain the price equivalent of Fiat Currency i.e. U.S. Dollar and Virtual Currency in the ratio 1:1. Therefore, we cannot guarantee that at all times the ratio will be 1:1, as slight differences might occur.
4.37. Legislative and regulatory changes or actions may adversely affect the tokenization of Fiat Currency e.g. U.S. Dollars into Virtual Currency, and the use, transfer, redemption and/or value of Virtual Currency.
5.1. In the rare event that a Transaction may be performed at the incorrect price through an unexpected technical fault, delays due to internet connection or occasions where a position is opened or closed, based on latent prices that do not reflect the correct market prices at the time of transaction, resulting in an inaccurate profit or inaccurate loss, Invexcoin International reserves the right, but not the obligation, to take any measures at its discretion, to remedy and rectify any inaccuracies. Remedies include correcting deal entry prices or exit prices according to the correct market rates at the time of Transaction. Invexcoin International may need to cancel any Transaction(s) which were executed wrongly due to the "price misquote", for example from present Limit Orders being triggered due to mispricing. Invexcoin International will make best efforts to contact and inform you of such actions, by telephone or by email or by our Applications.
6.1. Internet, connectivity delays, and price feed errors sometimes create a situation where the price(s) displayed through the Services does not accurately reflect the market rates. Invexcoin International reserves the right, at our sole discretion, not to permit the abusive exploitation of Arbitrage (the concept of using trading strategies aimed at exploiting errors in prices and/or concluding trades at off-market prices and/or by taking advantage of internet delays commonly known as "arbitrage", "sniping" or "scalping" hereinafter, collectively, referred to as "Arbitrage") through our Services/or in connection with our Services; any Transactions that rely on price latency Arbitrage opportunities may be revoked, at our sole discretion and without prior notice being required.
6.2. If Invexcoin International suspects you might have incurred market manipulation, we will contact you and discuss your strategy. If we do not feel comfortable with the explanation of the strategy, we will give you a notice of the suspension of the trading permissions in the following 24 hours. Your Account will then be terminated, and you will have 10 days to Withdraw your funds.
6.3. Any indication or suspicion, determined at our sole discretion, of any form of abusive exploitation of Arbitrage (including but not limited to participant's trading activity patterns that indicate a wilful intent to benefit from abusive exploitation), fraud, manipulation, or any other forms of deceitful or fraudulent activity, will render all Transactions carried out and/or profits or losses garnered as invalid. In these circumstances, we reserve the right to suspend (either temporarily or permanently) your Account and cancel all Transactions.
6.4. We have and will continue to develop any tools necessary to identify fraudulent and/or unlawful access and use of our Services; any dispute arising from such fraudulent and/or unlawful trading activity will be resolved by us in our sole and absolute discretion, in the manner we deem to be the fairest to all concerned.
7.1. Transaction Fees are applied to certain Services as set out in .the fees page By placing an Order, you agree to pay the relevant Transaction Fee.
7.2. Upon completion of a Transaction, you agree that the applicable (If applicable to a certain Order) the Transaction Fee will be automatically deducted from the Order, within the next five minutes following the completion of a Transaction, at a rate to be calculated by the Exchange Platform. This will result in you receiving the net amount of the Order which represents the original amount minus the Transaction Fee.
7.3. We reserve the right, and you agree to give us the right to unilaterally change, from time to time, any Transactions Fees. Where a Transaction Fee is changed by us it shall become immediately effective upon it being published on the Applications.
7.4. Sending Virtual Currency to an incompatible or wrong network address is considered a cross-chain Transaction. Recovering cross-chain Transactions is an inherently complicated and time-consuming process and not all deposits can be recovered. In a case by case analysis, we will determine if a cross-chain recovery is feasible and determine, at our own discretion, applicable fees, as included in .the fees page. You must inform Invexcoin International about the occurrence of cross-chain Transaction by creating a new support ticket at https://help.Invexcoin.com/ in the next 10 days following the deposit.
8.1. By becoming an Account Holder, you hereby agree, represent and warrant that:
9.1. We reserve the right to suspend or terminate your Account if we have reason to believe or suspect that you are in breach of these Terms or other legal obligation (including fraudulent activity) without prior notice or liability. We also reserve the right to change, suspend, or discontinue all or any part of the Services at any time without prior notice or liability.
9.2. If we suspend or terminate your Account, we will notify you by sending an email to the email address registered to your Account
9.3. Further, should your Account be suspended or terminated you will lose access to your Account and will not be able to undertake any Transaction.
9.4. You understand and agree that you may not be able to access any Fiat Currency or Virtual Currency in your Account if your Account is suspended. In case the cause of the suspension is resolved by us, we shall restore your Account and restore your access to your Account. We shall not be liable to you for any consequential or indirect loss (such as loss of profits or opportunity) you may incur as a result of your account being suspended.
9.5. Subject to clause 9.7, if your Account is terminated you will be able to recover any such funds held in your account, in 10 days from the notification of termination of your Account is sent to you via email.
9.6. Upon receiving a withdrawal request in accordance with clause 9.5, we shall transfer any Virtual Currency and/or Fiat Currency held in your Account to the bank account and/or Virtual Currency Wallet registered in your Account.
9.7. We further reserve the right in our sole discretion, to refuse or cancel any of our Services and/or access to the Applications for legitimate reasons, including, without limitation:
9.7.1. if we have reason to believe that your activities or use of the Services may be illegal;
9.7.2. if we may be harmed by any fiscal or pecuniary damage due to your activities on or through the Services; or
9.7.3 if we consider that you have used the Services in a manner which contravenes any of these Terms at our sole discretion
9.8. If you decide to terminate your Account with us, we will deem the account terminated after your request once all funds have been withdrawn from your Account. You may not terminate your Account if Invexcoin International believes, in its sole discretion, that such closure is being performed in an effort to evade a court order or legal or regulatory investigation or to avoid paying any amounts otherwise due to Invexcoin International.
9.9. In any termination event, we reserve the right to maintain your account registration information after your Account is closed due to compliance and regulatory requirements. For additional information about this, please revise our Privacy Policy .
10.1. In this Clause 10, “Invexcoin International IP Rights” means in relation to Invexcoin International, the Applications and Services, all: (i) patents, inventions, designs, software, copyright and related rights, database rights, know-how and confidential information, trademarks and related goodwill, trade names (whether registered or unregistered), and the rights to apply for registration; (ii) all other rights of a similar nature or having an equivalent effect anywhere in the world which currently exist or are recognised in the future; and (iii) all applications, extensions and renewals in relation to any such rights.
10.2. Except as expressly set out in these Terms, you are not entitled, for any purpose, to any Invexcoin International IP Rights. We shall at all times retain ownership, including all rights, title and interests in and to the Invexcoin International IP Rights and you understand and accept that by using the Services pursuant to these Terms you shall not:
11.1. To the fullest extent permitted by applicable law, you will indemnify, defend and hold harmless Invexcoin International and our respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (“Invexcoin International Parties”) from and against any and all claims, demands, actions, damages, losses, costs and expenses (including reasonable professional and legal fees) that arise from or relate to:
11.2. Invexcoin International reserves the right to exercise sole control over the defence, at your sole cost and expense, of any claim subject to an indemnity set out in Clause 11.1.
11.3. The indemnity set out in this Clause 11 is in addition to, and not in lieu of, any other remedies that may be available to Invexcoin International under applicable law.
To the fullest extent permitted by applicable law and except as otherwise specified in writing by us:
13.1. To the fullest extent permitted by Applicable Law, in no circumstances shall
13.2 We shall not bear any liability for any damage or interruptions caused by any computer viruses, spyware, or other malware that may affect your computer or other equipment, or any phishing, spoofing, or other attack. We advise the regular use of a reliable anti-virus and malware screening and prevention software. If you question the authenticity of a communication purporting to be from Invexcoin International, you shall not click on any link. You shall access the Applications through a secure method.
14.1. You are solely responsible for determining whether any Transaction contemplated by these Terms or related to the Services will give rise to any tax implications on your part.
14.2. You are also solely responsible for withholding, collecting, reporting, paying, settling and/or remitting any/or all other taxes to which you may become liable to the appropriate tax authorities in such jurisdiction(s) in which you may be liable to pay tax. Invexcoin International shall not be responsible for withholding, collecting, reporting, paying, settling and/or remitting any taxes (including, but not limited to, any income, capital gains, sales, value added or similar tax) which may arise from any action or transaction contemplated by these Terms or related to the Services.
PLEASE READ THE FOLLOWING CLAUSE CAREFULLY BECAUSE IT CONTAINS CERTAIN PROVISIONS, SUCH AS A BINDING ARBITRATION CLAUSE AND CLASS ACTION WAIVER, WHICH AFFECT YOUR LEGAL RIGHTS. THIS CLAUSE REQUIRES YOU TO ARBITRATE CERTAIN DISPUTES AND CLAIMS WITH BADGER AND LIMITS THE MANNER IN WHICH YOU CAN SEEK RELIEF FROM US.
15.1. Binding Arbitration. Except for any disputes, claims, suits, actions, causes of action, demands or proceedings (collectively, “Disputes”) in which either Party seeks injunctive or other equitable relief for the alleged unlawful use of intellectual property, including, without limitation, copyrights, trademarks, trade names, logos, trade secrets or patents, you (i) waive yours’s and Invexcoin International’s respective rights to have any and all Disputes arising from or related to these Terms resolved in a court, and (ii) waive yours’s and Invexcoin International’s respective rights to a jury trial. Instead, you and Invexcoin International will arbitrate Disputes through binding arbitration (which is the referral of a Dispute to one or more persons charged with reviewing the Dispute and making a final and binding determination to resolve it instead of having the Dispute decided by a judge or jury in court).
15.2. No Class Arbitrations, Class Actions or Representative Actions. Any Dispute arising out of or related to these Terms is personal to you and Invexcoin International and will be resolved solely through individual arbitration and will not be brought as a class arbitration, class action or any other type of representative proceeding. There will be no class arbitration or arbitration in which an individual attempt to resolve a Dispute as a representative of another individual or group of individuals. Further, a Dispute cannot be brought as a class or other type of representative action, whether within or outside of arbitration, or on behalf of any other individual or group of individuals.
15.3. Arbitration Rules. Any dispute arising out of or in connection with these Terms, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the rules of the London Court of International Arbitration (“LCIA Rules”), which are available at http:// www.lcia.org/Dispute_Resolution_Services/lcia-arbitration- rules-2014.aspx and are deemed to be incorporated by reference in this clause 15.3. By agreeing to be bound by these Terms, you either (i) acknowledge and agree that you have read and understand the LCIA Rules, or (ii) waive your opportunity to read the LCIA Rules and any claim that the LCIA Rules are unfair or should not apply for any reason.
15.4. Notice; Informal Dispute Resolution. Each Party will notify the other Party in writing of any Dispute within 30 days of the date it arises, so that the Parties can attempt in good faith to resolve the Dispute informally. Notice to Invexcoin International shall be done through https://help.Invexcoin.com/ . Your notice must include (i) your name, postal address, email address and telephone number, (ii) a description in reasonable detail of the nature or basis of the Dispute, and (iii) the specific relief that you are seeking. Notice to you shall be sent to your email address provided to us to open your Account. If you and Invexcoin International cannot agree how to resolve the Dispute within thirty (30) days after the date the notice is received by the applicable Party, then either you or Invexcoin International may, as appropriate and in accordance with this Clause 15, commence an arbitration proceeding or, to the extent specifically provided for in Clause 15, file a claim in court.
15.5. Process. The seat, or legal place of arbitration shall be Gibraltar. The arbitration will be conducted confidentially by a single arbitrator appointed in accordance with the LCIA Rules. The language to be used in the arbitration proceedings shall be English. The governing law of these Terms shall be the substantive law of Gibraltar and the Gibraltar court will have exclusive jurisdiction over any appeals and the enforcement of an arbitration decision.
15.6. Authority of Arbitrator. These Terms, the applicable LCIA Rules and the arbitrator will have (i) the exclusive authority and jurisdiction to make all procedural and substantive decisions regarding a Dispute, including the determination of whether a Dispute may be subject to arbitration, and (ii) the authority to grant any remedy that would otherwise be available in court, provided, however, that the arbitrator does not have the authority to conduct a class arbitration or a representative or class action, which is prohibited by these Terms. The arbitrator may only conduct an individual arbitration and may not consolidate more than one individual’s claims, preside over any type of class or representative proceeding or preside over any proceeding involving more than one individual.
15.7. Severability of Dispute Resolution and Arbitration Provisions. If any term, clause or provision of this Clause 15 is held invalid or unenforceable, it will be so held to the minimum extent applicable and required by law, and all other terms, clauses and provisions of this Clause 15 will remain valid and enforceable. Further, the waivers set forth in Clause 15.1 above are severable from the other provisions of these Terms and will remain valid and enforceable, except as prohibited by applicable law.
16.1. Neither Invexcoin International nor any of the Invexcoin International Parties shall be liable or responsible to you, or be deemed to have breached these Terms, for any failure or delay in fulfilling or performing its obligations under these Terms, if and to the extent such failure or delay is caused by, results from or is otherwise connected to acts beyond its reasonable control, including, without limitation: (a) acts of God; (b) flood, fire, earthquake or explosion; (c) war, invasion, hostilities (whether war is declared or not), terrorist, hacking or cyber threats, attacks or acts, or other civil unrest; (d) any laws, statutes, ordinances, rules, regulations, judgments, injunctions, orders and decrees; or (e) action by any nation or government, state or other political subdivision thereof, any entity exercising legislative, regulatory, judicial or administrative functions of or pertaining to government, including, without limitation, any government authority, agency, department, board, commission or council.
17.1. Invexcoin International does not provide any financial, investment or legal advice in connection with the Services. Invexcoin International may provide information on the price, range, volatility of Virtual Currency and events that have affected the price of Virtual Currency, but it should not be considered as investment or financial advice and should not be construed as such. Any decision to buy and sell Virtual Currency is an Account Holder’s decision and Invexcoin International will not be liable for any loss suffered.
18.1. Invexcoin International may offer a link to other web applications and mobile applications that are provided or controlled by third parties. Such links are neither an endorsement or an approval nor a sponsorship or affiliation to such applications, its owners or its suppliers. Invexcoin International recommends you make sure you understand the risks associated with the use of such applications before retrieving, using or purchasing via the internet.
18.2. Links to these applications are provided solely for your convenience and you agree not to hold Invexcoin International responsible for any loss or damage due to the use or reliance on any content, products or services available on other applications.
18.3. You may be asked to register or subscribe before viewing the content of external links; it is upon your discretion to do so. Invexcoin International does not hold itself liable for the material of those links, and/or any exposure your data may be subject to if you decide to disclose personal information.
18.4. Your use of each of those third-party applications is subject to the conditions, if any, that each of those applications has posted. We have no control over those applications that are not ours, and Invexcoin International Parties are not responsible for any changes to or content on them.
19.1. You are solely responsible for maintaining the confidentiality of your Account, including, but not limited to a password, email, wallet address, Account credentials, API keys, balance and all activity including Transactions made through your Account. Invexcoin International personnel will never ask you to disclose your password. Any message you receive or website you visit that asks for the password, other than on the Application, should be reported to Invexcoin International.
19.2. It is advisable to change your password regularly (at least every 3 to 6 months) and to use unique and alphanumeric passwords in order to reduce the risk of a security breach in relation to your Account. Invexcoin International also advises you not to choose a password that is easily guessed from information someone might know or gather about you or a password that has a meaning. You must never allow anyone to access your Account or watch you accessing your account and / or using your Account credentials.
19.3. You must take reasonable care to ensure that your e-mail account(s) are secure and only accessed by you, as your e-mail address may be used to reset passwords or to communicate with you about the security of your Account, and to enable two factor authentication login systems in your Account.
19.4. Invexcoin International will exercise reasonable endeavours to have the Exchange Platform audited and approved by technical experts with regard to both accuracy and security of the underlying code. Notwithstanding, the Exchange Platform, general cryptocurrency technology ecosystem is still in an early stage of development and its application is currently of an experimental nature, which carries significant operational, technological, financial, regulatory and reputational risks. Accordingly, while any audit conducted may raise the level of security and accuracy of the Exchange Platform, you acknowledge, understand and accept that the audit does not amount to any form of warranty, representation or assurance (in each case whether express or implied) that Exchange Platform is fit for a particular purpose or that it is free from any defects, weaknesses, vulnerabilities, viruses or bugs which could cause, inter alia, the complete loss of your Account funds.
20.1 If we hold any kind of Fiat Currency or Virtual Currency on your behalf, and we are unable to contact you and have no record of your use of the Account or any of the Services for several years, Applicable Law may require us to report the Fiat Currency or the Virtual Currency as unclaimed property to the authorities depending on the Applicable Law. We will try to locate you at the email address provided to us at the time of your register in our records, but if we are unable to, we may be required, depending on the Applicable Law to deliver any such Virtual Currency or Fiat Currency to the authorities in certain jurisdictions as unclaimed funds. In addition, we might charge or deduct from your Account a dormancy fee or any other administrative charges as we consider necessary from such unclaimed funds, as permitted by Applicable Law.
20.2. For security reasons, if we receive legal documentation confirming your decease or other information leading us to believe you have died or have been declared incapable by a competent authority, for your protection, we will freeze your Account and during this time, no transactions may be completed until: (i) any of your designated beneficiaries opens a new Account, as further described below, and the entirety of your Account has been transferred to such new account, or (ii) we have received sufficient proof that you can still operate your account. If we have reason to believe you may have died or have been declared incapable by a competent authority, but do not have the reasonable proof according to the Applicable Laws, you authorize us to make inquiries, whether directly or through third parties, that we consider necessary to determine your current legal status.
20.3. In the event you have named beneficiaries in your Account and upon receipt by us of proof satisfactory to us of your decease or that you have been declared incapable by a competent authority, we will require your beneficiaries or designated administrators to open a new Account and all those available Fiat Currency and Virtual Currency will be transferred to such Accounts in the same percentage as established by You, or as required by a competent authority. If you have not designated a beneficiary, we will follow all those legal procedures as defined by the Applicable Law to transfer the funds available in your Account to those persons entitled to inherit your Account, or designated administrators, as determined by us upon receipt and review of the documentation, including but not limited to a will or similar document.
20.4. We reserve the right to require an order resolving any issue that may arise from a court of competent jurisdiction before taking any action relating to your Account. We reserve the right to carry out any compliance and due diligence process and require all the information as we may deem necessary to open or not the Account of your beneficiaries in the event they do not comply with the AML/CFT requirements established herein.
20.5. You may name beneficiaries at any time in the edit profile section available at your profile page in the Exchange Platform. In relation to your Account, You may designate multiple beneficiaries or a single beneficiary and substitute them at any time, as well as modify the percentage corresponding to each one of them and up to the amount that, if applicable, determines the Applicable Law. Beneficiaries must at all times be natural persons and for all beneficiaries named, the percentage must total up 100%.
21.1. We may amend these Terms from time to time, including where there are changes to the functionality of the Services or as may be otherwise required by any laws or regulatory requirements to which we are subject. The changes will become effective and shall be deemed accepted by the Account Holder from the date of its publication and shall apply on a going-forward basis with respect to any activity initiated after publishing. In the event that an Account Holder does not agree with any such modifications, the Account Holder sole and exclusive remedy is to terminate the use of the Services and close the Account.
21.2. If any term, clause or provision of these Terms is found to be illegal, void or unenforceable (in whole or in part), then such term, clause or provision shall be severable from these Terms without affecting the validity or enforceability of any remaining part of that term, clause or provision, which shall remain in full force and effect.
21.3. These Terms and the Agreement constitute the entire agreement between the Parties in relation to its subject matter. These Terms replace and extinguish any and all prior agreements, draft agreements, arrangements, warranties, statements, assurances, representations and undertakings of any nature made by, or on behalf of the Parties, whether oral or written, public or private, in relation to that subject matter.
21.4. In the event that Badger is acquired by or merged with a third-party entity, we reserve the right, in any of these circumstances, to transfer or assign, either the information we have collected from you, this agreement, and our relationship with you as part of such merger, acquisition, sale or any other.
21.5. You may not transfer or assign or sell any rights or obligations you have under these Terms or the Agreement or otherwise grant any third party a legal or equitable interest over your Account without our prior written consent. Badger reserves the right to transfer or assign our rights licenses, interests and / or our obligations at any time, including as part of a merger, acquisition or other corporate reorganisation involving Badger.
21.6. Access to the Services may become partially or totally unavailable during periods of significant volatility or volume, as a consequence limitations on access to your Account may occur, including the inability to initiate or complete transactions and may also lead to support response time delays. We do not guarantee that the Exchange Platform will be available without interruption and we do not guarantee that any order will be executed, accepted, recorded, or remain open or that your Account.
21.7 Under no circumstances shall Badger be liable for any alleged damages arising from service interruptions, delays in processing transactions, or lack of timely response from Badger customer support.
21.8. You acknowledge that by accepting these Terms, you have not relied on any oral or written statements, warranties, assurances, representations or undertakings which were or may have been made by or on behalf of Invexcoin International in relation to the subject matter of these Terms at any time before your acceptance of them (“Pre-Contractual Statements”), other than those set out in these Terms. You hereby waive any and all rights and remedies which might otherwise be available in relation to such Pre-Contractual Statements.
21.9. Nothing in these Terms shall be deemed to create any form of partnership, joint venture or any other similar relationship between you and Invexcoin International and/or other individuals or entities involved with the development and deployment of the Services.
Contact us at [email protected] or in any of our official social media. Please note that our communications may be recorded so as to safeguard and protect your interests and for us to ensure the quality of our services. Invexcoin International may, but is not obligated to, retain any communication with you.
Schedule A – Prohibited jurisdictions Afghanistan
Belarus
Bosnia and Herzegovina
Burundi
Central African Republic
China
Cuba
Democratic People's Republic of Korea (DPRK) Democratic Republic of Congo
Ethiopia
Guinea
Guinea Bissau
Iran
Iraq
Kosovo
Lebanon
Libya
Macedonia
Mali
Montenegro Myanmar (Burma) Nicaragua
Russia Serbia Somalia
South Sudan Sudan
Syria
Ukraine
United States of America
Venezuela Yemen Zimbabwe
The above jurisdictions are deemed (by Invexcoin Global) as jurisdictions that we reserve the right to serve, and either are high-risk jurisdictions or with weak measures to combat money laundering and terrorist financing (AML/CFT) and jurisdictions that have strategic AML/CFT deficiencies according to the AML/CFT national or international regulations, resulting in Invexcoin International being unable to provide its services.
The list of Prohibited Jurisdictions is subject to change at any time