Bitsqit

Dear Example users

Please carefully read the Terms of Use

Example (hereinafter referred to as 'the Company') is a company in the Republic of Seychelles under the laws of the Republic of Seychelles. It is a platform that allows users to deal in digital assets and deliver related services (hereinafter referred to as "the service" or "service"). The company operates the website https://Example.com/ (hereinafter referred to as "this website"or "website"). The Company and the Website collectively use "we" or other first-person names in this Agreement for the sake of clarity. The convenience of this agreement is as follows, using "you" or another second person, as long as the natural person or other subject who visits the website is a user of this website. We and you are collectively referred to as "the parties" in this Agreement, and we or you are referred to as the "Party" for the sake of clarity. This website's content is provided for users' convenience and may be available in different languages. In the event of a disagreement or omission, the English material will take precedence.

A word of caution:

We would like to remind you that:

• 1. No financial institution, corporation, or website, including this one, offers the digital assets;
• 2. The digital asset market is new and unproven, and it is unlikely to grow;
• 3. Digital assets are primarily used by speculators and are used relatively less on retail and commercial markets; digital asset transactions are highly risky because they are traded throughout the day without price limits, and market makers and global government policies may cause significant price fluctuations;
• 4. If the Company determines in its sole discretion that you have violated this Agreement or that its provision or use of the Service in your jurisdiction is unlawful, the Company may suspend or terminate your account, use of the Service, or the processing of any digital asset transaction at any time.

Trading digital assets is extremely risky, making it unsuitable for the vast majority of users. You accept and understand that investing in digital assets may result in a partial or whole loss of your investment and that you should base your investment decision on your loss-bearing ability. You are aware that digital assets may expose you to derivative risks. As a result, if you have any doubts, you should seek the advice of a financial consultant first. Furthermore, in addition to the above-mentioned risks, there may be unknown risks. As a result, before making any decisions about purchasing and selling digital assets, you should carefully analyze and use clear judgment to assess your financial situation and the risks indicated above; any and all losses resulting from this will be your responsibility, and we will not be held liable in any way. You are hereby notified of the following:

• 1. You acknowledge that this Website is only intended to provide you with access to digital asset information, trading counterparties, and the ability to negotiate and trade in digital assets. This Website does not take part in any of your transactions; as a result, you are solely responsible for determining the legitimacy, legality, and validity of relevant digital assets and/or information, and for all resulting liabilities and losses.
• 2. On this Website, all opinions, facts, conversations, analyses, prices, advice, and other material are general market reviews and do not constitute investment advice. We are not responsible for any losses incurred directly or indirectly as a result of relying on the above-mentioned information, including but not limited to lost profits.
• 3. We have taken reasonable measures to ensure the accuracy of the information on this Website, but we do not and cannot guarantee the degree of such accuracy, or bear any loss arising directly or indirectly from the information on this Website, or from any delay or failure caused by failure to connect to the internet, transmit or receive any notice or information.
• 4. Risks associated with using internet-based trading systems include, but are not limited to, software, hardware, and Internet link failures. We will not be liable for any distortion, delay, or link failure due to the fact that we cannot control the Internet's reliability and availability.
• 5. https://Example.com/ is the only official external information release platform for Example;
• 6. No service on this Website may be paid for by credit card;
• 7. Any illegal transaction operations, such as money laundering, smuggling, or commercial bribery, are forbidden on this Website. If any of these acts are discovered, this Website will take all appropriate measures, including but not limited to freezing the offender's account, contacting relevant authorities, and so on, and we will not bear any of the resulting liabilities and reserve the right to hold relevant persons liable.
• 8. It is forbidden to use this Website for the purpose of market manipulation, inappropriate transactions, or any other illegal trading activity. When any of these illegal trading activities are discovered, this Website will take such preventive and protective measures as is appropriate, such as issuing a warning, restricting trading, and closing accounts, to protect against any and all malicious price manipulation, maliciously influencing the trading system, and other illegal activity; we do not assume any of the responsibilities that may arise, and we reserve the right to hold relevant persons accountable.

General Provisions

• 1. The User Agreement (hereinafter referred to as "this Agreement" or "these terms and conditions") is made up of the main body, Terms of Privacy, Understanding Your User, and Anti-Money Laundering Policy, as well as any other rules, statements, instructions, or other materials that this Website has published or may publish in the future.
• 2. Before using the Website's services, you must read this Agreement carefully and seek legal advice from a professional lawyer if you have any doubts or as may be required. If you do not agree to the terms and conditions of this Agreement, as well as any changes made to them from time to time and at any time, you must immediately cease using or login onto this Website. By logging into this Website, using any service offered by this Website, or engaging in any other similar activity, you are deemed to have fully understood and agreed to all of the terms and conditions of this Agreement, including any and all changes, modifications, or alterations made by this Website from time to time and at any time.
• 3. You will successfully register as a member of this Website (hereafter referred to as "Member") after filling in the essential information in accordance with the requirements of this Website and following other applicable procedures; if you click on the "I Agree" button or a similar button during the registration process, it will be deemed that you fully understand, agree to, and accept all of the terms and conditions under this Agreement; or if you use this Website and click on the "I Agree" button or a similar button, or if you use the services offered by this Website in any of the ways allowed by this Website, it will be deemed that you fully understand, agree to, and accept all of the terms and conditions and the lack of your handwritten signature will not affect the legally binding power that this Agreement may have on you.
• 4. When you register as a member of this Website, you will be given a member account and a password, which you must keep confidential. Members are responsible for any activities and events that occur through their accounts.
• 5. Unless and until you become a member of this Website, you will not be able to trade on the digital asset trading platform provided by this Website or gain access to the services that are only available to members in accordance with the rules and regulations of this Website; if you are not a member of this Website, you will only be able to browse the Website and have access to other services as permitted by the rules and regulations of this Website.
• 6. By registering as a member of this Website and using any of the services and features available on this Website, you acknowledge that you have read and comprehended this Agreement and that you have:
  • 1) Agreed to be bound by all of the Agreement's terms and conditions;
  • 2) You confirm that you have reached the age of 18 or any other statutory age for entering into contracts as required by a different applicable law and that your registration with this Website, purchase or sale via this Website, release information on this Website, and other behaviors indicating your acceptance of the Services offered by this Website comply with the relevant laws and regulations of the sovereign state or region that has jurisdiction over you, and that you have read and understood the terms of this Agreement.
  • 3) You guarantee that all of your digital assets used in transactions hereunder were legally acquired and are your property.
  • 4) You agree to accept full responsibility for your own transaction and non-transaction activities, as well as any gains or losses resulting from them.
  • 5) You certify that the information you provided during registration is correct and reliable.
  • 6) You undertake to abide by all applicable laws, including the requirement to declare any transaction proceeds for tax purposes.
  • 7) This Agreement solely binds on the rights and obligations between you and us; it does not apply to legal interactions or disputes emerging from or connected to the exchange of digital assets between users of this Website or between you and other websites.

Amendment of this Agreement

We retain the right to change this Agreement at any time and to announce such changes on the Website without providing you a separate notice about your rights. On the first page of the updated agreement, the date of the amendment will be mentioned. The modified agreement will go into effect as soon as it is announced on the Website. You must visit this Website on a regular basis to be informed about the time and substance of any revisions to this Agreement. If you do not agree with the revisions, you must immediately cease using the Website's services; if you continue to use the Website's services, you are presumed to accept and agree to be bound by the revised agreement.

Registration Eligibility for Registration

"When you complete the registration process or use the services offered by this Website in any other manner as permitted by this Website, you confirm and promise that you are a natural person, legal person, or other organization with the ability to sign this Agreement and the ability to use the services of this Website, as provided by applicable laws. By clicking the button indicating that you agree to register, you or your authorized agent agree to the terms of this Agreement, and your authorized agent will register with this Website and use its services on your behalf. If you are not a natural person, legal person, or organization with the aforementioned ability, you and your authorized agent will be responsible for all consequences, and the company reserves the right to cancel or permanently freeze your account, as well as hold you and your authorized agent liable.

Meanwhile, by accessing and using the services, you represent and warrant that you are not on any FATF (Financial Action Task Force) or OFAC (Office of Foreign Assets Control) designated "Specially Designated National" list, or any other trade or economic sanctions lists, such as the UN Security Council Sanctions list. We retain the right to choose which markets and jurisdictions to operate in, and we reserve the right to restrict or reject the Services in specific areas."

Purpose of Registration

You confirm and pledge that you will not register with this Website in an attend to break any laws or regulations, or to disrupt the order of digital asset transactions on this Website.

Registration Process

• 1. You agree to submit a valid email address or other information in line with the user registration system criteria of this Website.  You can log in to this Website using your email address or any other method approved by this Website. You must provide your real name, identity card, and other information required by applicable laws, regulations, the Terms of Privacy, and anti-money-laundering terms, and you must constantly update your registration data to ensure that it is timely, detailed, and accurate as required. Regarding registration data, all of the original typed data will be referenced. You are responsible for the information's validity, integrity, and correctness, as well as any direct or indirect loss or negative repercussions resulting from it.
• 2. If any applicable laws, regulations, rules, orders, or other regulatory documents of the sovereign country or region in which you are based require that mobile phone accounts be based on real names, you hereby confirm that the mobile phone number you provide for registration has undergone the real-name registration procedure. If you are unable to give the required mobile phone number, you will be responsible for any direct or indirect losses and negative consequences that result.
• 3. You will have the right to obtain an account and a password for this Website if you give the needed registration information in a legal, complete, and accurate way and such information passes applicable verification. Your registration will be considered successful once you have obtained such an account and password, and you will be able to log into this Website as a member.
• 4. You consent to receive emails and/or short messages from this Website in connection with its management and operation.
• 5. You recognize and accept that if you want to become a verified merchant by us after completing your general user registration, you will be needed to provide additional documents and information for merchant registration. Additional materials and information that we may request include, but are not limited to, your phone number, telegram account, proof of revenue, previous experience dealing on this Website or in any other P2P exchanges, risk control strategies, and any other information and materials that we deem necessary to provide and that the applicable laws may require.

In addition, in order to register as a verified merchant, a portion of your digital assets will be locked in your P2P account as a security deposit, preventing you from transferring or withdrawing during your transactions. You acknowledge and agree that if you, as a verified merchant, are found to be liable for any damages, losses, or other payments during any transactions but refuse to pay, we may use your security deposit to cover any third-party damages, losses, or other payments you should have paid in accordance with applicable laws.

We will provide you with the verified merchant logo when you have completed the verified merchant registration so that you can be distinguished from other users who have not completed the verified merchant registration. You may cancel your verification by submitting a cancellation application to this Website, and if there are no pending disputes with third parties or previous unfavorable records, this Website will process your application and unlock your security deposit.

Services

This Website simply serves as an online transaction platform for you to participate in digital asset trading activities (including but not limited to the digital asset transactions etc.). This Website does not engage in digital asset transactions as a buyer or seller, and it does not offer any services related to the replenishment and withdrawal of any country's legal currency.

• 1. Content of Services
  • 1) You have the right to use this Website to view real-time quotes and transaction information for digital asset products, submit digital asset transaction instructions, and perform digital asset transactions.
  • 2) You have the right to read information stored in member accounts on this Website and to use the functions it offers.
  • 3) You have the right to participate in the website activities that this Website organizes, as long as you follow the rules of the activities that are listed on this Website.
  • 4) Additional services that this website offers to provide.
• 2. Service Rules

  You agree to respect the Website's service regulations, which are as follows:

• 3. You must abide by all applicable laws, regulations, rules, and policy requirements, as well as ensure the legality of the source of all digital assets in your account. You must also refrain from engaging in any illegal activities or other activities that harm the rights and interests of this Website or any third party, such as sending or receiving information that is illegal, illicit, or infringes on the rights and interests of any other person, sending or receiving pyramid scheme information or information or remarks causing other harms, unlawful use or fabrication of the email header information of this Website.
• 4. You must follow all applicable laws and regulations when using and maintaining your account on this Website, including your login password, financial transaction password, and the mobile phone number associated with your account that you provide upon account registration, as well as the security of the verification codes received via your mobile phone.

  You are completely responsible for any actions taken with your account on this Website, including your login password, financial transaction password, and verification codes delivered to your mobile phone, as well as any repercussions of those actions. If you discover that your account with this Website, your login password, financial transaction password, or mobile phone verification codes have been used by an unauthorized third party, or if you discover any other problem relating to the security of your account, you must notify this Website promptly and effectively, and request that services to your account with this Website be temporarily suspended.

  This Website reserves the right to act on your request within a reasonable timeframe; but, this Website disclaims any responsibility for the repercussions that may have occurred before such action, including but not limited to any loss that you may have suffered. Without the prior written agreement of this Website, you may not assign your account with this Website to any other person by way of donation, lending, leasing, transfer, or any other means.

• 5. You agree to be solely responsible for all activities (including, but not limited to, information disclosure, information release, online click-approving or submission of various agreements on rules, online renewal of agreements, or purchase service) conducted through your account and password on this Website.
• 6. In your digital asset transactions on this Website, you may not maliciously disrupt the normal course of a digital asset transaction; you may not use any technical or other means to disrupt the normal operation of this Website or interfere with other users' use of the services, and you may not maliciously defame the business goodwill of this Website based on false information.
• 7. You may not use any means other than judicial or governmental measures to require this Website to reveal pertinent information if a dispute occurs between you and another user in connection with an online transaction.
• 8. You are solely responsible for all taxes, fees, and charges connected to hardware, software, and services that you incur as a result of using the services provided by this Website.
• 9. You must comply with this Agreement as well as any other terms of service or operating regulations that this Website may issue from time to time, and you have the right to discontinue your use of this Website's services at any time.

Product Rules Rules for trading products

You agree to follow the following transaction guidelines when logging into this Website and engaging in transactions with other users using this Website.

• 1. Taking a look at transaction information When you browse the transaction information on this Website, you should carefully read all of the content in the transaction information, including but not limited to the price, consignment, handling fee, buying or selling direction, and you must accept all of the contents before clicking the button to complete the transaction.
• 2. Submission of Commission
  You may submit your transaction commissions after browsing and checking the transaction information. You authorize this Website to broker you for the associated transactions when you submit the transaction commission, and this Website will automatically finish the matchmaking process when a transaction proposal matches your price quotation, without prior warning to you.
• 3. Checking transaction details
  On your account page, you can review the corresponding transaction records in the transaction statements and confirm your own detailed transaction records.
• 4. Revoking/modifying transaction commission.
  Before the transaction is completed, you have the right to revoke or change your transaction commission.

Rights and Obligations of this Website

• 1. This Website reserves the right to refuse to allow you to register if you do not meet the registration qualifications set forth in this Agreement; if you have already registered, this Website reserves the right to revoke your member account, and this Website reserves the right to hold you or your authorized agent accountable. Furthermore, in any other circumstances, this Website reserves the right to decide whether or not to approve your registration application.
• 2. When this Website discovers that a user of an Account is not the original registrant of that Account, the user's access to that Account may be suspended or terminated.
• 3. If this Website reasonably suspects, through technical testing or manual sampling, that the information you provide is incorrect, untrue, invalid, or incomplete, this Website has the right to notify you to correct or update the information, or to suspend or terminate its provision of services to you.
• 4. When this Website discovers any clear inaccuracy in the information published on this Website, it reserves the right to correct it.
• 5. This Website reserves the right to modify, suspend, or terminate the Services offered by this Website at any time and without prior notice to you; if this Website terminates one or more of the Services offered by this Website, such termination will take effect on the date of such announcement on the Website.
• 6. This Website will implement the required technical and management steps to ensure the Website's regular functioning, as well as provide a necessary and dependable trading environment and transaction services, and preserve the order of digital asset trading.
• 7. This Website reserves the right to revoke your account if you fail to log into this Website using your member account number and password for a continuous period of one year. This Website reserves the right to offer the member name represented by your account to future applicants for membership after your account is revoked.
• 8. This Website is required to guarantee the security of your digital assets by increasing technical input and enhancing security procedures, and is also required to alert you of any anticipated security issues in your account in advance.
• 9. This Website reserves the right to remove any content or information that does not comply with applicable laws and regulations or this Website's rules at any time, and this right is not subject to prior notification to you.
• 10. This Website shall have the right to request more information or data from you in accordance with applicable laws, administrative regulations, rules, orders, and other regulatory documents of the sovereign country or region where you are based, and to take reasonable measures to meet the requirements of local standards, and you shall have the obligation to provide proper assistance to such measures; this Website shall have the right to suspend or permanently terminate your access to this Website; this Website reserves the right to suspend or cancel your access to this Website, as well as part or all of the services provided by this Website, at any time.

Indemnity

• 1. Under no circumstances will our liability for direct damage to you exceed the entire cost of your three (3) months' use of this Website's services.
• 2. If you violate this Agreement or any applicable legislation or administrative rule, you must pay us at least US$ Two million in compensation and cover all costs and expenses incurred as a result of the violation (including, but not limited to, attorney's fees). You must make up the difference if such compensation is insufficient to compensate the actual loss.

The Right to Injunctive Relief

Both you and we recognize that common law remedies for breach of contract or potential breach of contract may be insufficient to cover all of our losses; as a result, in the event of a breach of contract or potential breach of contract, the non-breaching party shall have the right to seek injunctive relief, as well as all other remedies available at common law or in equity.

Limitation and Exemption of Liability

• 1. You understand and agree that we will not be held liable for any of the following events under any circumstances:
  • 1) loss of income;
  • 2) loss of transaction profits or contractual losses;
  • 3) disruption of the business operations
  • 4) loss of expected currency losses
  • 5) information loss
  • 6) loss of opportunity, damage to goodwill or reputation
  • 7) data loss or harm;
  • 8) the expense of obtaining substitute goods or services;
  • 9) any indirect, special, or consequential loss or damage resulting from any infringement (including negligence), breach of contract, or other cause, whether or not such loss or damage could have been reasonably anticipated by us, and regardless of whether or not we were notified in advance of the possibility of such loss or damage.
• 2. You acknowledge and agree that we are not liable for any damages resulting from any of the following events:
  • 1) If we have reasonable grounds to believe that your particular transactions may involve a severe violation or breach of law or agreement;
  • 2) If we have cause to believe that your actions on this Website are illegal or immoral;
  • 3) Expenses and losses incurred as a result of the purchase or acquisition of any data, information, transaction, or other item using the Website's services;
  • 4) Your lack of knowledge of the Website's services;
  • 5) Any other losses arising from the use of this Website's services that are not attributable to us.
• 3. Where we fail to provide the Services or delay in providing such Services due to information network equipment maintenance, information network connectivity failures, errors in computer, communications or other systems, power failures, weather conditions, unexpected accidents, industrial actions, labour disputes, revolts, uprisings, riots, lack of productivity or production materials, fires, floods, storms, explosions, wars, failure on the part of banks or other partners, collapse of the digital asset market, actions by government, judicial or administrative authorities, other acts that are not within our control or beyond our inability to control, or due to causes on the part of third parties, we shall not assume any responsibility for such failure to provide service or delay in providing services, or for the resultant loss you may sustain as a result of such failure or delay.
• 4. We cannot guarantee that all of the information, programs, texts, and other materials contained in this Website are completely safe, free of interference and destruction by malicious programs such as viruses, trojans, etc. As a result, your decision to log into this Website or use any of the services offered by this Website, to download any program, information, or data from this Website, and to use it is your personal decision, and you shall bear any and all risks and losses incurred as a result.
• 5. We do not make any warranties and commitments in connection with any of the information, products and business of any third party websites linked to this Website, as well as any other forms of content that do not belong to us; your use any of the services, information, and products provided by a third party website is your personal decision and therefore you shall assume any and all the responsibilities arising therefrom.
• 6. We provide no explicit or implicit warranties about your use of the Services supplied by this Website, including but not limited to the applicability, freedom from mistake or omission, consistency, accuracy, reliability, and implementation to a given purpose. Furthermore, we make no commitment or warranty as to the authenticity, accuracy, correctness, reliability, quality, stability, integrity, or timeliness of the technology and information covered by the Website's services. Whether to log in to this Website or use the services provided by this Website is your personal decision, you accept full responsibility for any risks and potential losses associated with such a decision. We make no explicit or implicit warranties in connection with the market, value, or price of digital assets; you understand and acknowledge that the digital asset market is unstable, that asset prices and values may fluctuate or collapse at any time, and that digital asset transactions are based on your personal free will and decision, and that you will bear any and all risks and losses that may arise as a result.
• 7. The guarantees and undertakings set forth in this Agreement are the only guarantees and statements we make in connection with the Services provided by us under this Agreement and through this Website, and they supersede any and all other warranties and commitments, express or implied, arising in any other way. All of these guarantees and statements represent just our own commitments and undertakings, and they do not imply that any third party will adhere to the guarantees and commitments contained in this Agreement.
• 8. We do not waive any of our rights not expressly stated in this Agreement, and we reserve the right to limit, exempt, or offset our liability for damages to the fullest extent permitted by law.
• 9. Any and all operations done by us in line with the regulations set forth in this Agreement shall be deemed approved by you upon registration of your account with this Website, and any and all risks arising from such operations shall be undertaken by you.

Termination of Agreement

• 1. In line with this Agreement, this Website has the right to cancel your account, and this Agreement will be ended on the date of the termination of your account.
• 2. This Website reserves the right to terminate all services provided to you by this Website in line with this Agreement, and this Agreement will end on the day that all services provided by this Website to you are terminated.
• 3. Following the termination of this Agreement, you have no right to request that this Website continue to provide you with any service or perform any other obligation, including, but not limited to, requesting that this Website keep or disclose to you any information in your former original account, or to forward to you or any third party any information in your former original account that has not been read or sent.
• 3. Following the termination of this Agreement, you have no right to request that this Website continue to provide you with any service or perform any other obligation, including, but not limited to, requesting that this Website keep or disclose to you any information in your former original account, or to forward to you or any third party any information in your former original account that has not been read or sent.

Intellectual Property

• 1. This Website owns all intellectual property rights to the website logos, databases, website design, text and graphics, software, photos, videos, music, sounds, and any combinations of the aforementioned files, as well as the intellectual property rights to software compilation, associated source code, and software (including small applications and scripts). Any of the above materials or content may not be copied, modified, transmitted, or used for commercial purposes.
• 2. The Company owns all rights to the name of this Website (including, but not limited to, business goodwill, trademarks, and logos).
• 3. By accepting this Agreement, you are deemed to have transferred and assigned exclusively and without charge to this Website all copyright of any form of information that you publish on this Website, including, but not limited to, copyrights, distribution rights, lease rights, exhibition rights, performance rights, projection rights, broadcasting rights, information network dissemination rights, shooting rights, and adaptation rights, all of which you have transferred and assigned to this Website of your own free will. This Agreement applies to any copyright-protected content that you publish on this Website, regardless of whether the content was created before or after the signing of this Agreement.
• 4. During your use of the services provided by this Website, you must not illegally use or dispose of the intellectual property rights of this Website or any other person. You may not publish or permit other websites (or media) to utilize any information you publish on this Website in any way.
• 5. Logging into this Website or using any of the Website's services does not imply that we are transferring any intellectual property to you.

Calculation

We have validated all transaction calculations and displayed all calculation methods on the Website, but we cannot guarantee that your usage of this Website will not be disrupted or error-free.

Export Control

You understand and acknowledge that you may not export, re-export, import, or transfer any material (including software) from this Website in violation of applicable laws; as a result, you hereby agree that you will not voluntarily commit, assist, or participate in any of the aforementioned export or related transfer or other violations of applicable laws and regulations; and if you discover any of the aforementioned events, you will report them to us and assist us in dealing with them.

Transfer

The assignees, heirs, executors, and administrators of the parties hereto who benefit from the rights and responsibilities shall be equally bound by the rights and obligations stipulated in this Agreement. You may not assign any of your rights or obligations under this Agreement to any third party without our approval; however, we may assign our rights and obligations under this Agreement to any third party with prior notice to you.

Severability

If any provision of this Agreement is deemed by a court of competent jurisdiction to be unenforceable, invalid, or illegal, the validity of the remaining sections of this Agreement will not be affected.

No Agency

Nothing in this Agreement shall be deemed to have created, implied or otherwise treated us as your agent, trustee or other representative, unless it is provided otherwise in this Agreement.

Waiver

A waiver of our or your right to hold the other party liable for breaches of agreement or any other liability as agreed in this Agreement shall not be interpreted or deemed as a waiver of our or your right to hold the other party liable for other breaches of contract; a failure to exercise any right or remedy shall not be construed in any way as a waiver of such right or remedy.

Headings

All headers in this document are for the sole purpose of simplifying terminology and are not meant to expand or limit the content or scope of this Agreement's terms and conditions.

Entry into Force and Interpretation of the Agreement

• 1. This Agreement will be binding on both you and this Website when you click through the registration page of this Website, complete the registration procedures, and acquire your account number and password.
• 2. This Website will have the final say on how this Agreement is interpreted.

Example Team