ACCEPTANCE OF TERMS OF USE

By using this website (”Site”), registering for a BitoEX Account (”Account”), or using any of our other BitoEX Services, you (”you, your, or yourself”) are agreeing to accept and comply with the terms and conditions of use stated below (”Terms of Use”). You should read the entire Terms of Use carefully before you use this Site or any of the BitoEX Services. IF YOU DO NOT ACCEPT THE TERMS OF USE AND CONDITIONS OUTLINED IN THIS AGREEMENT, DO NOT ACCESS THIS SITE AND DO NOT USE THIS SERVICE. BitoEX reserves the rights to change Terms of Use at any time. You are advised to notice any proclaim of change of Terms of Use on BitoEX's official website.

As used in this Terms of Use, ”BitoEX” refers to the company Hung Ke Technology Limited. By BitoEX services, you are able to trade, transfer and convert virtual currency which is called Bitcoin ( Please refer to http://bitcoin.org).

The Service operated by BitoEX also allows all registered users of the Service (“Members“) to:

  1. Transfer Bitcoins to local currency immediately and safely.
  2. Receive or transfer Bitcoins by BitoEX wallet.
  3. Use Bitcoins for consuming and purchasing goods.

Depending on your country of residence, you may not be able to use all the functions of the Site. It is your responsibility to follow those rules and laws in your country of residence and/or country from which you access this Site and Services. As long as you agree to and comply with these Terms of Use, BitoEX grants to you a personal, non-exclusive, non-transferable, non-sublicensable and limited right to enter and use the Site and the Service. IF YOU DO NOT ACCEPT THE TERMS OF USE AND CONDITIONS OUTLINED IN THIS AGREEMENT, DO NOT ACCESS THIS SITE AND DO NOT USE THIS SERVICE.

By opening an account, you expressly represent and warrant:

  1. You have accepted these Terms; and
  2. You are at least 18 years of age and have the full capacity to accept these Terms and enter into a transaction involving Bitcoins.

Transactions of Buying/Selling BTC

The conversion rate of buy/sell bitcoin renews every minute and is calculated with multiple references by BitoEX. The conversion rate you choose is according to the buy/sell price on BitoEX website at the time of your order. Once you order, we are not allow to stop or cancel the deal. To prevent the unnecessary mistakes and loss, please make sure that the transaction information is correct before you confirm the transaction.

The fiat currency or Bitcoin will be transferred to your BitoEX wallet right after your transaction. If the fiat currency in your wallet has not been transferred in 180 days, the balance of the fiat currency in your BitoEX wallet will be automatically transferred to your designated banking account at the 181th day, which will be deducted from some related expenses in advance. If the fiat currency of the your transactions has been updated, the transferred day will be automatically recounted.

Please notice that once the transaction is confirmed, it can not be cancelled.

WITHDRAW

Transaction and withdraw your local money By selling your Bitcoin on BitoEX platform, you can choose to receive fiat currency in your designated banking account. The related restrictions and expenses are according to the declarations of “Withdraw Your local money.”

RISKS

The trading of goods and products, real or virtual, as well as virtual currencies involves significant risk. Prices can and do fluctuate on any given day. Due to such price fluctuations, you may increase or lose value in your assets at any given moment. Any currency - virtual or not - may be subject to large swings in value and may even become worthless. There is an inherent risk that losses will occur as a result of buying, selling or trading anything on a market.

Bitcoin trading also has special risks not generally shared with official currencies or goods or commodities in a market. Unlike most currencies, which are backed by governments or other legal entities, or by commodities such as gold or silver, Bitcoin is a unique kind of "fiat" currency, backed by technology and trust. There is no central bank that can take corrective measure to protect the value of Bitcoins in a crisis or issue more currency.

There may be additional risks that we have not foreseen or identified in our Terms of Use. You should carefully assess whether your financial situation and tolerance for risk is suitable for buying, selling or trading Bitcoins.

We use our banking providers in order to receive client moneys and making payments. Our banking providers DO NOT transfer Bitcoins, exchange Bitcoins, or provide any services in connection with Bitcoins.

PROTECTIONS of RIGHTS

Unless otherwise specified, all Materials on this Site are the property of BitoEX 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.

The trademarks, service marks and logos of BitoEX and others used in this Site ("Trademarks") are the property of BitoEX and their respective owners. The software, text, images, graphics, data, prices, trades, charts, graphs, video and audio used on this Site belong to BitoEX. 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 or networked computer environment for any other purpose is strictly prohibited; any such unauthorised use may violate copyright, trademark and other applicable laws and could result in criminal or civil penalties.

MAINTAINING YOUR ACCOUNT: OUR RULES

This Site is for your personal and non-commercial use only. We are vigilant in maintaining the security of our Site and the Service. By registering with us, you agree to provide BitoEX with current, accurate, and complete information about yourself as prompted by the registration process, and to keep such information updated. You further agree that you will not use any Account other than your own, or access the Account of any other Member at any time, or assist others in obtaining unauthorized access.

If you create or use Accounts without obtaining the prior express permission from BitoEX will result in the immediate suspension of all said Accounts, as well as all pending purchase/sale offers. Any attempt to do so or to assist others (Members or otherwise), or the distribution of instructions, software or tools for that purpose, will result in the Accounts of such Members being terminated. Termination is not the exclusive remedy for such a violation, and BitoEX may elect to take further action against you.

You also are responsible for maintaining the confidentiality of your Account information, including your password, and for all activity including Transactions that are posted to your Account. If there is suspicious activity related to your Account, we may, but are not obligated, to request additional information from you, including authenticating documents, and to freeze any transactions pending our review. You are obligated to comply with these security requests, or accept termination of your Account. You are required to notify BitoEX immediately by email addressed to [email protected] when any unauthorized one uses your Account or password. Any Member who violates these rules may be terminated, and thereafter held liable for losses incurred by BitoEX or any user of the Site.

You agree that you will not use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, terrorist financing, or malicious hacking.You agree that you will not use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, terrorist financing, or malicious hacking.

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

You also agree that BitoEX may, by giving notice, in its sole discretion terminate your access to the Site and to your Account, including without limitation: You also agree that BitoEX may, by giving notice, in its sole discretion terminate your access to the Site and to your Account, including without limitation:

  1. attempts to gain unauthorized access to the Site or another Member's account or providing assistance to others' attempting to do so,attempts to gain unauthorized access to the Site or another Member's account or providing assistance to others' attempting to do so,
  2. attacks to sabotage any service or protected content on BitoEX website,attacks to sabotage any service or protected content on BitoEX website,
  3. usage of the Service to perform illegal activities such as money laundering, illegal gambling operations, financing terrorism, or other criminal activities,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,violations of these Terms of Use,
  5. failure to pay or fraudulent payment for Transactions, failure to pay or fraudulent payment for Transactions,
  6. unexpected operational difficulties, orunexpected operational difficulties, or
  7. upon the request of law enforcement or other government agencies, if deemed to be legitimate and compelling by BitoEX, acting in its sole discretion.upon the request of law enforcement or other government agencies, if deemed to be legitimate and compelling by BitoEX, acting in its sole discretion.

We retain the right to cancel revise or terminate services of unconfirmed or inactive accounts for a period of 6 months or more. Members all agree when they terminate the third parties to access or visit accounts, BitoEX doesn’t take responsivities. The suspension of an Account shall not affect the payment of the commissions due for past Transactions. Upon termination, Members shall communicate a valid bank account to allow for the transfer of any currencies credited to their account. Said bank account shall be held by the Member. Bitcoins may be transferred to a valid bank account only after conversion into a currency. BitoEX shall transfer the currencies, after deducting related fees, as soon as possible following the Member's request in the time frames specified by BitoEX.

AVAILABILITY OF SERVICESAVAILABILITY

BitoEX promises to provide secured, stable, and 24/7 services to your satisfactions. All services, however, are provided without warranty of any kind, either express or implied. Members are required to take all risks and consequences by using BitoEX platform. We will strive to provide you with the Service as soon as possible but there are no guarantees that access will not be interrupted, or that there will be no interruptions, delays, failures, errors, omissions or loss of transmitted information.

EXTERNAL WEBSITES

To meet more services and applications, the BitoEX website may provide references or links to other websites ("External Websites"). We do not control these External Websites third party sites or any of the content contained therein. You agree that we are in no way responsible or liable for External Websites referenced or linked from the BitoEX website, including, but not limited to, website content, policies, failures, promotions, products, opinions, advice, statements, prices, activities and advertisements, services or actions and/or any damages, losses, failures or problems caused by, related to, or arising from those sites. You shall bear all risks associated with the use of such content.

External Websites have separate and independent terms of use and related policies. We request that you review the policies, rules, terms, and regulations of each site that you visit. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.

EMAILS

Email messages sent over the Internet are not secure and BitoEX is not responsible for any damages incurred by the result of sending email messages over the Internet. We suggest that you send emails to us. The instructions and keys to do so are available upon request.

LIMITATION OF LIABILITY

To the extent permitted by law, BitoEX will not be held liable 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 arising from negligence or willful deceit or fraud. Nothing in these terms excludes or limits the liability of either party for fraud, death or personal injury caused by its negligence, breach of terms implied by operation of law, or any other liability which may not by law be limited or excluded.

Reparation

To the full extent permitted by applicable law, you hereby agree to indemnify BitoEX, and its partners against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred if direct or not directly arising from your use of BitoEX's Sites, your use of the Service, or from your violation of these Terms of Use.

MISCELLANEOUS

If we are unable to perform the Services outlined in the Terms of Use due to factors beyond our control including but not limited to an event of Force Majeure, change of law or change in sanctions policy we will not have any liability to you with respect to the Services provided under this agreement and for a time period coincident with the event. We notify you to terminate all services at once.

MODIFICATION OF TERMS

BitoEX reserves the right to change, add or remove portions of these Terms, at any time, in an exercise of its sole discretion. You will be notified of any changes in advance through your Account. Upon such notification, it is your responsibility to review the amended Terms. Your continued use of the Site following the posting of a notice of changes to the Terms signifies that you accept and agree to the changes, and that all subsequent transactions by you will be subject to the amended Terms.

CONTACT US

If you have any questions relating to these Terms of Use, your rights and obligations arising from these Terms and/or your use of the Site and the Service, your Account, or any other matter, please contacts [email protected].