BaTorrent Exchange

BaTorrent Exchange

Agreement and Execution

The content of this agreement includes main body of this agreement and various rules that have been posted or may be posted from time to time by BaTorrent. All of the rules shall be an integral part of this agreement, and shall have the same legal effect as the main body of this agreement. Unless otherwise expressly provided, any service provided by BaTorrent and its affiliates (hereinafter referred as "BaTorrent Service") shall be bound by this agreement. You shall carefully read through this agreement before using any BaTorrent Service, and pay close attention to the content written in bold font. You may consult BaTorrent if you have any question with regard to this agreement. However, regardless whether you have carefully read through this agreement before using BaTorrent Service, you shall be bound by this agreement as long as you use BaTorrent Service. You shall not claim to void or rescind this agreement on the ground that you did not read this agreement or you did not receive any respond from BaTorrent to your consultation. You hereby promise to accept and observe this agreement. If you do not agree to this agreement, you shall immediately stop registration/activation or stop using BaTorrent Service. BaTorrent may make or amend this agreement and various rules from time to time as needed, and announce the same on the website, without any individual notice to you. The amended agreement and rules shall come into effect immediately and automatically upon being announced on the website. If you do not agree to the relevant amendment, you shall immediately stop using BaTorrent Service. If you continue using BaTorrent Service, you shall be deemed as having accepted the amended agreement and rules.

Cancelling orders or restricting user access

The Company has the right to cancel the order in case of: - a swap (change of the blockchain or contract); - rebrand, merge, or split of a coin; - removing the virtual currency trading pair from the market (no activity on the market for a long time); - deleting cryptocurrencies (entails deleting pairs and orders); - illegal activity of a user (exploiting vulnerabilities of the company's blockchain or trading platform); - a request from law enforcement agencies/token owner/coin owner; - or if the company suspects the user's involvement in money laundering or terrorist financing. The Company has the right to freeze the user`s account if: - the company has detected suspicious user activity; - the company has detected an orphan transaction or a user's attempt to perform a non-existent transaction or simulate a transaction that is not confirmed in the blockchain); - the company has observed that the client is trying to use blockchain vulnerabilities unfairly; - the company has received a motivated request or interference about the illegality of the transaction from the developers of coin or token; - the verification period expires; - the company has received the request from law enforcement agencies; - the company suspects the user's involvement in money laundering or terrorist financing. The user can also enable account freezing if he suspects that his mailbox has been hacked or that a third party has gained access to his account or is trying to log in to his account. To do this, the client needs to click the freeze account button on the company's platform in their account. If the client self-consciously initiated account freezing, then further recovery of the user's account after freezing occurs through the Company support. For restoring an account during freezing, the user must go through the verification process again, as well as provide the Company with additional information about the user's activity before account freezing for the Company to make sure that the user's data is correct. The company has the right to pause the transaction if: - the Company detects that the transaction comes from suspicious sources (wallets); - the transaction does not have confirmations in blockchain; - the transaction can be cancelled if it has an invalid status in the blockchain.

Eligibility of Registrants

You hereby confirm that you are an individual, legal person or other organization with full capacity for civil rights and civil conducts when you complete the registration or actually use BaTorrent Service in any other way allowed by BaTorrent. If you do not have the said capacity, you and your guardian shall undertake all the consequences resulted therefrom, and BaTorrent shall have the right to cancel or permanently freeze your account, and claims against you and your guardian for compensation.

Registration and Account

You shall be bound by this agreement once you have filled in information, read and agreed to this agreement and completed the registration process following the instructions on the registration page or you have filled information, read and agreed to this agreement and completed the activation process following the instructions on the activation page, or upon your actual use of BaTorrent Service in a way permitted by BaTorrent. You may log in BaTorrent by your email address or mobile number that you have provided or confirmed or any other means permitted by BaTorrent. You must provide your real name, ID type, ID number and other information required by the laws and regulations. If any information you have provided during the registration is inaccurate, BaTorrent will not take any responsibility and any loss, direct or indirect, and adverse consequence resulted therefrom will be borne by you. BaTorrent accounts can only be used by the person whose name they are registered under. BaTorrentreserves the right to suspend, freeze, or cancel accounts that are used by persons other than the persons whose names the accounts are registered under. BaTorrent will also not take legal responsibility for these accounts.

User's Information

During the registration or activation, you shall accurately provide and timely update your information by following the instructions on the relevant page according to the laws and regulations in order to make it truthful, timely, complete and accurate. If there is any reasonable doubt that any information provided by you is wrong, untruthful, outdated or incomplete,BaTorrent shall have the right to send you a notice to make enquiry and demand corrections, remove relevant information directly and, as the case may be, terminate all or part of BaTorrent Service to you. BaTorrent will not take any responsibility and any loss, direct or indirect, and adverse consequence resulted therefrom will be borne by you. You shall accurately fill in and timely update your email address, telephone number, contact address, postal code and other contact information so that BaTorrent or any other user will be able to effectively contact you. You shall be solely and fully responsible for any loss or extra expenses incurred during the use of BaTorrent Service by you if you cannot be contacted through these contact information. You hereby acknowledge and agree that you have the obligation to keep your contact information effective and to take actions as required by BaTorrent if there is any change or update.

Account Security

You shall be solely responsible for the safekeeping of your BaTorrent account and password on your own, and you shall be responsible for all activities under your log-in email, BaTorrent account and password (including but not limited to information disclosure, information posting, consent to or submission of various rules and agreements by clicking on the website, online renewal of agreement or online purchase of services, etc.). You hereby agree that: a) you will notify BaTorrent immediately if you are aware of any unauthorized use of your BaTorrent account and password by any person or any other violations to the security rules; b) you will strictly observe the security, authentication, dealing, charging, withdrawal mechanism or procedures of the website/service, and c) you will log out the website by taking proper steps at the end of every visit. BaTorrent shall not and will not be responsible for any loss caused by your failure to comply with this provision. You understand that BaTorrent needs reasonable time to take actions upon your request, and BaTorrent will not undertake any responsibility for the consequences (including but not limited to any of your loss) that have occurred prior to such actions.

Compliance with Local & International Laws

This is the responsibility of the User to abide by local laws in relation to the legal usage of BaTorrent in their local jurisdiction. Users must also factor, to the extent of their local law all aspects of taxation, the withholding, collection, reporting and remittance to their appropriate tax authorities. All Users of BaTorrent and any of its services acknowledge and declare that the source of their funds come from a legitimate manner and are not derived from illegal activities. BaTorrent maintains a stance of cooperation with law enforcement authorities globally and will not hesitate to seize, freeze, terminate the account and funds of Users which are flagged out or investigated by legal mandate. To ensure the Compliance with international Laws and originations. BaTorrent constantly reviews user accounts to improve our platform security and to comply with global compliance requirements. As a result, residents of United States Of America and Canada (including residents and citizens, or through agency or representation, obliged to comply with the appropriate laws of these countries) are restricted from using BaTorrent Exchange. After 2019/09/15, users who are not in accordance with BaTorrent Terms of Use will continue to have access to their wallets and funds, but will no longer be able to trade or deposit on Vindax.com

Scope and Limitation of Liability

BaTorrent will provide BaTorrent Service at an "as is" and "commercially available" condition. BaTorrent disclaims any express or implied warranty with regards to BaTorrent Service, however, including but not limited to applicability, free from error or omission, continuity, accuracy, reliability or fitness for a particular purpose. Meanwhile, BaTorrent disclaims any promise or warranty with regards to the effectiveness, accuracy, correctness, reliability, quality, stability, completeness and timeliness of the technology and information involved by BaTorrent Service. You are fully aware that the information on BaTorrent is published by users on their own and may contain risks and defects. BaTorrent serves merely as a venue of transactions. BaTorrent serves merely as a venue where you acquire coin related information, search for counterparties of transactions and negotiate and conduct transactions, but BaTorrent cannot control the quality, security or legality of the coin involved in any transaction, truthfulness or accuracy of the transaction information, or capacity of the parties to any transaction to perform its obligations under the transaction documents You shall cautiously make judgment on your own on the truthfulness, legality and effectiveness of the coin and information in question, and undertake any liabilities and losses that may be caused thereby. Unless expressly required by laws and regulations or any of the following circumstances occurs, BaTorrent shall not have any duty to conduct preliminary review on information data, transaction activity and any other transaction related issues of all users: BaTorrent has reasonable cause to suspect that a particular member and a particular transaction may materially violate the law or agreement.BaTorrent has reasonable cause to suspect that the activities conducted on BaTorrent by a member may be illegal or improper. You acknowledge and agree, BaTorrent shall not be liable for any of your losses caused by any of the following events, including but not limited to losses of profits, goodwill, usage or data or any other intangible losses (regardless whether BaTorrent has been advised of the possibility of such losses): use or failure to use BaTorrent Service. unauthorized use of your account or unauthorized alternation of your data by any third parties. expenses and losses incurred from purchase or acquisition of any data or information or engagement in transaction through BaTorrent Service, or any alternatives of the same. your misunderstanding on V BaTorrent Service. any other losses related to BaTorrent Service which are not attributable to BaTorrent. In no event shall BaTorrent be liable for any failure or delay of service resulted from regular equipment maintenance of the information network, connection error of information network, error of computers, communication or other systems, power failure, strike, labor disputes, riots, revolutions, chaos, insufficiency of production or materials, fire, flood, tornado, blast, war, governmental acts or judicial orders. You agree to indemnify and hold harmless BaTorrent, its contractors, and its licensors, and their respective directors, officers, employees and agents from and against any and all claims and expenses, including attorneys' fees, arising out of your use of the Website, including but not limited to out of your violation this Agreement.

Termination of Agreement

You hereby agree that, BaTorrent shall have the right to terminate all or part of BaTorrent Service to you, temporarily freeze or permanently freeze (cancel) the authorizations of your account on BaTorrent at BaTorrent sole discretion, without any prior notice, for whatsoever reason, and BaTorrent shall not be liable to you; however, BaTorrent shall have the right to keep and use the transaction data, records and other information that is related to such account. In case of any of the following events, BaTorrent shall have the right to directly terminate this agreement by cancelling your account, and shall have the right to permanently freeze (cancel) the authorizations of your account on BaTorrent and withdraw the corresponding BaTorrent account thereof: after BaTorrent terminates services to you, you allegedly register or register in any other person's name as BaTorrent user again, directly or indirectly, the main content of user's information that you have provided is untruthful, inaccurate, outdated or incomplete; when this agreement (including the rules) is amended, you expressly state and notify BaTorrent of your unwillingness to accept the amended service agreement; any other circumstances where BaTorrent deems it should terminate the services. After the account service is terminated or the authorizations of your account on BaTorrent is permanently froze (cancelled), BaTorrent shall not have any duty to keep or disclose to you any information in your account or forward any information you have not read or sent to you or any third party. You agree that, after the termination of agreement between you and BaTorrent, BaTorrent shall still have the rights to: keep your user's information and all the transaction information during your use of BaTorrent Service. Claim against you according to this agreement if you have violated any laws, this agreement or the rules during your use of BaTorrent Service. After BaTorrent suspends or terminates BaTorrent Service to you, your transaction activities prior to such suspension or termination will be dealt with according to the following principles and you shall will take care of on your own efforts and fully undertake any disputes, losses or extra expenses caused thereby and keep BaTorrent harmless from any losses or expenses: BaTorrent shall have the right to delete, at the same time of suspension or termination of services, information related to any un-traded coin tokens that you have uploaded to BaTorrent prior to the suspension or termination. If you have reached any purchase agreement with any other member prior to the suspension or termination but such agreement has not been actually performed, BaTorrent shall have the right to delete information related to such purchase agreement and the coins in question. If you have reached any purchase agreement with any other member prior to the suspension or termination and such agreement has been partially performed, BaTorrent may elect not to delete the transaction; provided, however, BaTorrent shall have the right to notify your counterparty of the situation at the same time of the suspension or termination.