Term of use ...
Please read the terms carefully as they govern your use of Auxilatrade Services.THESE TERMS CONTAIN IMPORTANT PROVISIONS INCLUDING AN ARBITRATION PROVISION THAT REQUIRES ALL CLAIMS TO BE RESOLVED BY WAY OF LEGALLY BINDING ARBITRATION. The terms of the arbitration provision are set forth in Article 10, “Resolving Disputes: Forum, Arbitration, Class Action Waiver”, hereunder. As with any asset, the values of Digital Currencies (as defined below) may fluctuate significantly and there is a substantial risk of economic losses when purchasing, selling, holding or investing in Digital Currencies and their derivatives.BY MAKING USE OF Auxilatrade SERVICES, YOU ACKNOWLEDGE AND AGREE THAT: (1) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; (2) YOU SHALL ASSUME ALL RISKS RELATED TO THE USE OF Auxilatrade SERVICES AND TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; AND (3) Auxilatrade SHALL NOT BE LIABLE FOR ANY SUCH RISKS OR ADVERSE OUTCOMES.
By accessing, using or attempting to use Auxilatrade Services in any capacity, you acknowledge that you accept and agree to be bound by these Terms. If you do not agree, do not access Auxilatrade or utilize Auxilatrade services.
2. Auxilatrade Operators refer to all parties that run Auxilatrade, including but not limited to legal persons, unincorporated organizations and teams that provide Auxilatrade Services and are responsible for such services. For convenience, unless otherwise stated, references to “Auxilatrade” and “we” in these Terms specifically mean Auxilatrade Operators.UNDER THESE TERMS, Auxilatrade OPERATORS MAY CHANGE AS Auxilatrade’S BUSINESS ADJUSTS, IN WHICH CASE, THE CHANGED OPERATORS SHALL PERFORM THEIR OBLIGATIONS UNDER THESE TERMS WITH YOU AND PROVIDE SERVICES TO YOU, AND SUCH CHANGE DOES NOT AFFECT YOUR RIGHTS AND INTERESTS UNDER THESE TERMS. ADDITIONALLY, THE SCOPE OF Auxilatrade OPERATORS MAY BE EXPANDED DUE TO THE PROVISION OF NEW Auxilatrade SERVICES, IN WHICH CASE, IF YOU CONTINUE TO USE Auxilatrade SERVICES, IT IS DEEMED THAT YOU HAVE AGREED TO JOINTLY EXECUTE THESE TERMS WITH THE NEWLY ADDED Auxilatrade OPERATORS. IN CASE OF A DISPUTE, YOU SHALL DETERMINE THE ENTITIES BY WHICH THESE TERMS ARE PERFORMED WITH YOU AND THE COUNTERPARTIES OF THE DISPUTE, DEPENDING ON THE SPECIFIC SERVICES YOU USE AND THE PARTICULAR ACTIONS THAT AFFECT YOUR RIGHTS OR INTERESTS.
3. Auxilatrade Services refer to various services provided to you by Auxilatrade that are based on Internet and/or blockchain technologies and offered via Auxilatrade websites, mobile applications, clients and other forms (including new ones enabled by future technological development). Auxilatrade Services include but are not limited to such Auxilatrade ecosystem components as Digital Asset Trading Platforms, the financing sector, Auxilatrade Labs, Auxilatrade Academy, Auxilatrade Charity, Auxilatrade Info, Auxilatrade Launchpad, Auxilatrade Research, Auxilatrade Chain, Auxilatrade X, Auxilatrade Fiat Gateway, existing services offered by Trust Wallet and novel services to be provided by Auxilatrade.
4. Auxilatrade Platform Rules refer to all rules, interpretations, announcements, statements, letters of consent and other contents that have been and will be subsequently released by Auxilatrade, as well as all regulations, implementation rules, product process descriptions, and announcements published in the Help Center or within products or service processes.
5. Users refer to all individuals, institutions or organizations that access, download or use Auxilatrade or Auxilatrade Services and who meet the criteria and conditions stipulated by Auxilatrade. If there exist other agreements for such entities as developers, distributors, market makers, and Digital Currencies exchanges, such agreements shall be followed.
6. Digital Currencies refer to encrypted or digital tokens or cryptocurrencies with a certain value that are based on blockchain and cryptography technologies and are issued and managed in a decentralized form.
7. Digital Assets refer to Digital Currencies, their derivatives or other types of digitalized assets with a certain value.
8. Auxilatrade Accounts refer to the foundational virtual accounts, including main accounts and subaccounts, which are opened by Auxilatrade for Users to record on Auxilatrade their usage of Auxilatrade Services, transactions, asset changes and basic information. Auxilatrade Accounts serve as the basis for Users to enjoy and exercise their rights on Auxilatrade.
9. Crypto-to-crypto Trading refers to spot transactions in which one digital currency is exchanged for another digital currency.
10. Fiat Trading refers to spot transactions in which Digital Currencies are exchanged for fiat currencies or vice versa.
11. Collateral Accounts refer to special accounts opened by Users on Auxilatrade to deposit and withdraw collateral (such as margins) in accordance with these Terms (including the Auxilatrade Contract Services Agreement and Auxilatrade Platform Rules), as required for contract transactions, leveraged trading and/or currency borrowing services.
12. Loan/Lending refers to Auxilatrade’s lending of Digital Currencies to Users at an interest collected in certain ways (in the form of Digital Currencies), including but not limited to the leveraged trading and currency lending services currently offered, and other forms of loan/lending services to be launched by Auxilatrade.
II. General Provisions
1. About These Terms
a. Contractual Relationship
These Terms constitute a legal agreement and create a binding contract between you and Auxilatrade Operators.
b. Supplementary Terms
c. Changes to These Terms
Auxilatrade reserves the right to change or modify these Terms in its discretion at any time. Auxilatrade will notify such changes by updating the terms on its website (https://www.Auxilatrade.com/en/terms) and modifying the [Last revised] date displayed on this page.ANY AND ALL MODIFICATIONS OR CHANGES TO THESE TERMS WILL BECOME EFFECTIVE UPON PUBLICATION ON THE WEBSITE OR RELEASE TO USERS. THEREFORE, YOUR CONTINUED USE OF Auxilatrade SERVICES IS DEEMED YOUR ACCEPTANCE OF THE MODIFIED AGREEMENT AND RULES. IF YOU DO NOT AGREE TO ANY CHANGES TO THESE TERMS, YOU MUST STOP USING Auxilatrade SERVICES IMMEDIATELY. YOU ARE RECOMMENDED TO FREQUENTLY REVIEW THESE TERMS TO ENSURE YOUR UNDERSTANDING OF THE TERMS AND CONDITIONS THAT APPLY TO YOUR ACCESS TO AND USE OF Auxilatrade SERVICES.
d. Prohibition of Use
BY ACCESSING AND USING Auxilatrade SERVICES, YOU REPRESENT AND WARRANT THAT YOU HAVE NOT BEEN INCLUDED IN ANY TRADE EMBARGOES OR ECONOMIC SANCTIONS LIST (SUCH AS THE UNITED NATIONS SECURITY COUNCIL SANCTIONS LIST), THE LIST OF SPECIALLY DESIGNATED NATIONALS MAINTAINED BY OFAC (THE OFFICE OF FOREIGN ASSETS CONTROL OF THE U.S. DEPARTMENT OF THE TREASURY), OR THE DENIED PERSONS OR ENTITY LIST OF THE U.S. DEPARTMENT OF COMMERCE. Auxilatrade RESERVES THE RIGHT TO CHOOSE MARKETS AND JURISDICTIONS TO CONDUCT BUSINESS, AND MAY RESTRICT OR REFUSE, IN ITS DISCRETION, THE PROVISION OF Auxilatrade SERVICES IN CERTAIN COUNTRIES OR REGIONS.
2. About Auxilatrade
As an important part of the Auxilatrade Ecosystem, Auxilatrade mainly serves as a global online platform for Digital Assets trading, and provides Users with a trading platform, financing services, technical services and other Digital Assets-related services. As further detailed in Article 3 below, Users must register and open an account with Auxilatrade, and deposit Digital Assets into their account prior to trading. Users may, subject to the restrictions set forth in these Terms, apply for the withdrawal of Digital Assets.
Although Auxilatrade has been committed to maintaining the accuracy of the information provided through Auxilatrade Services, Auxilatrade cannot and does not guarantee its accuracy, applicability, reliability, integrity, performance or appropriateness, nor shall Auxilatrade be liable for any loss or damage that may be caused directly or indirectly by your use of these contents. The information about Auxilatrade Services may change without notice, and the main purpose of providing such information is to help Users make independent decisions. Auxilatrade does not provide investment or consulting advice of any kind, and is not responsible for the use or interpretation of information on Auxilatrade or any other communication medium. All Users of Auxilatrade Services must understand the risks involved in Digital Assets trading, and are recommended to exercise prudence and trade responsibly within their own capabilities.
3. Auxilatrade Account Registration and Requirements
By registering to use a Auxilatrade Account, you represent and warrant that (i) as an individual, you are at least 18 or are of legal age to form a binding contract under applicable laws; (ii) as an individual, legal person, or other organization, you have full legal capacity and sufficient authorizations to enter into these Terms; (iii) you have not been previously suspended or removed from using Auxilatrade Services; (iv) you do not currently have a Auxilatrade Account; (v) you are a non-U.S User, unless you only log on to websites for U.S. Users and use Auxilatrade Services for U.S. Users. If you act as an employee or agent of a legal entity, and enter into these Terms on their behalf, you represent and warrant that you have all the necessary rights and authorizations to bind such legal entity; (vi) your use of Auxilatrade Services will not violate any and all laws and regulations applicable to you, including but not limited to regulations on anti-money laundering, anti-corruption, and counter-terrorist financing.
c. User Identity Verification
BY REGISTERING AN ACCOUNT, YOU HEREBY AUTHORIZE Auxilatrade TO CONDUCT INVESTIGATIONS THAT Auxilatrade CONSIDERS NECESSARY, EITHER DIRECTLY OR THROUGH A THIRD PARTY, TO VERIFY YOUR IDENTITY OR PROTECT YOU, OTHER USERS AND/OR Auxilatrade FROM FRAUD OR OTHER FINANCIAL CRIMES, AND TO TAKE NECESSARY ACTIONS BASED ON THE RESULTS OF SUCH INVESTIGATIONS. YOU ALSO ACKNOWLEDGE AND AGREE THAT YOUR PERSONAL INFORMATION MAY BE DISCLOSED TO CREDIT BUREAUS AND AGENCIES FOR FRAUD PREVENTION OR FINANCIAL CRIME PREVENTION, WHICH MAY RESPOND TO OUR INVESTIGATIONS IN FULL.
d. Account Usage Requirements
The Auxilatrade Account can only be used by the account registrant. Auxilatrade reserves the right to suspend, freeze or cancel the use of Auxilatrade Accounts by persons other than account registrant. If you suspect or become aware of any unauthorized use of your username and password, you should notify Auxilatrade immediately. Auxilatrade assumes no liability for any loss or damage arising from the use of Auxilatrade Account by you or any third party with or without your authorization.
e. Account Security
Auxilatrade has been committed to maintaining the security of User entrusted funds, and has implemented industry standard protection for Auxilatrade Services. However, the actions of individual Users may pose risks. You shall agree to treat your access credentials (such as username and password) as confidential information, and not to disclose such information to any third party. You also agree to be solely responsible for taking the necessary security measures to protect your Auxilatrade Account and personal information.
You should be solely responsible for keeping safe of your Auxilatrade Account and password, and be responsible for all the transactions under your Auxilatrade Account. Auxilatrade assumes no liability for any loss or consequences caused by authorized or unauthorized use of your account credentials, including but not limited to information disclosure, information release, consent or submission of various rules and agreements by clicking on the website, online agreement renewal, etc.
By creating a Auxilatrade Account, you hereby agree that:
you will notify Auxilatrade immediately if you are aware of any unauthorized use of your Auxilatrade Account and password or any other violation of security rules;
you will strictly abide by all mechanisms or procedures of Auxilatrade regarding security, authentication, trading, charging, and withdrawal; and
you will take appropriate steps to logout from Auxilatrade at the end of each visit.
f. Personal Data
your transaction counterparty;
Auxilatrade Operators, and the shareholders, partners, investors, directors, supervisors, senior managers and employees of such entities;
our joint ventures, alliance partners and business partners;
our agents, contractors, suppliers, third-party service providers and professional advisers, including the parties who have been contracted to provide us with administrative, financial, research, operations, IT and other services, in such areas as telecommunications, information technology, payroll, information processing, training, market research, storage and archival;
third-party business partners who provide goods and services or sponsor contests or other promotional activities, whether or not in cooperation with us;
insurance companies or insurance investigators and credit providers;
credit bureaus, or any debt collection agencies or dispute resolution centers in the event of violation or dispute;
business partners, investors, trustees or assignees (actual or expected) that promote business asset transactions (which can be broadened to include any merger, acquisition or asset sale) of Auxilatrade Operators;
professional consultants such as auditors and lawyers;
relevant government regulatory agencies or law enforcement agencies to comply with laws or regulations formulated by government authorities;
assignees of our rights and obligations;
banks, credit card companies and their respective service providers;
persons with your consent as determined by you or the applicable contract.
III. Auxilatrade Services
Upon completion of the registration and identity verification for your Auxilatrade Account, you may use various Auxilatrade Services, including but not limited to, Crypto-to-crypto Trading, Fiat Trading, contract trading, leveraged trading, Auxilatrade Savings services, staking, acquiring market-related data, research and other information released by Auxilatrade, participating in User activities held by Auxilatrade, etc., in accordance with the provisions of these Terms (including Auxilatrade Platform Rules and other individual agreements). Auxilatrade has the right to:
Provide, modify or terminate, in its discretion, any Auxilatrade Services based on its development plan; and
Allow or prohibit some Users’ use of any Auxilatrade Services in accordance with relevant Auxilatrade Platform Rules.
Detection of any fraudulent activity involving an account on this platform automatically triggers suspension of the account and attracts a $30000 fine to be paid wihin 48 hours of suspension. Failure to make payment attracts a 2% charge per 24 hours.
Upon payment of the fine, the account gets reactivated and the user is advised to withdraw all funds and close the account within 48 hours or risk confiscation of all funds and permanent closure of the account.
2. Service Usage Guidelines
Provided that you constantly comply with the express terms and conditions stated in these Terms, Auxilatrade grants you a revocable, limited, royalty-free, non-exclusive, non-transferable, and non-sublicensable license to access and use Auxilatrade Services through your computer or Internet compatible devices for your personal/internal purposes. You are prohibited to use Auxilatrade Services for resale or commercial purposes, including transactions on behalf of other persons or entities. All the above actions are expressly prohibited and constitute a material violation of these Terms. The content layout, format, function and access rights regarding Auxilatrade Services should be stipulated in the discretion of Auxilatrade. Auxilatrade reserves all rights not expressly granted in these Terms. Therefore, you are hereby prohibited from using Auxilatrade Services in any way not expressly authorized by these Terms.
These Terms only grant a limited license to access and use Auxilatrade Services. Therefore, you hereby agree that when you use Auxilatrade Services, Auxilatrade does not transfer Auxilatrade Services or the ownership or intellectual property rights of any Auxilatrade intellectual property to you or anyone else. All the text, graphics, user interfaces, visual interface, photos, sounds, process flow diagrams, computer code (including html code), programs, software, products, information and documents, as well as the design, structure, selection, coordination, expression, look and feel, and layout of any content included in the services or provided through Auxilatrade Services, are exclusively owned, controlled and/or licensed by Auxilatrade Operators or its members, parent companies, licensors or affiliates.
Auxilatrade owns any feedback, suggestions, ideas, or other information or materials (hereinafter collectively referred to as “Feedback”) about Auxilatrade or Auxilatrade Services that you provide through email, Auxilatrade Services, or other ways. You hereby transfer all rights, ownership and interests of the Feedback and all related intellectual property rights to Auxilatrade. You have no right and hereby waive any request for acknowledgment or compensation based on any Feedback, or any modifications based on any Feedback.
When you use Auxilatrade Services, you agree and undertake to comply with the following provisions:
During the use of Auxilatrade Services, all activities you carry out should comply with the requirements of applicable laws and regulations, these Terms, and various guidelines of Auxilatrade;
Your use of Auxilatrade Services should not violate public interests, public morals, or the legitimate interests of others, including any actions that would interfere with, disrupt, negatively affect, or prohibit other Users from using Auxilatrade Services;
You agree not to use the services for market manipulation (such as pump and dump schemes, wash trading, self-trading, front running, quote stuffing, and spoofing or layering, regardless of whether prohibited by law);
Without written consent from Auxilatrade, the following commercial uses of Auxilatrade data are prohibited:
1) Trading services that make use of Auxilatrade quotes or market bulletin board information.
2) Data feeding or streaming services that make use of any market data of Auxilatrade.
3) Any other websites/apps/services that charge for or otherwise profit from (including through advertising or referral fees) market data obtained from Auxilatrade.
Without prior written consent from Auxilatrade, you may not modify, replicate, duplicate, copy, download, store, further transmit, disseminate, transfer, disassemble, broadcast, publish, remove or alter any copyright statement or label, or license, sub-license, sell, mirror, design, rent, lease, private label, grant security interests in the properties or any part of the properties, or create their derivative works or otherwise take advantage of any part of the properties.
You may not (i) use any deep linking, web crawlers, bots, spiders or other automatic devices, programs, scripts, algorithms or methods, or any similar or equivalent manual processes to access, obtain, copy or monitor any part of the properties, or replicate or bypass the navigational structure or presentation of Auxilatrade Services in any way, in order to obtain or attempt to obtain any materials, documents or information in any manner not purposely provided through Auxilatrade Services; (ii) attempt to access any part or function of the properties without authorization, or connect to Auxilatrade Services or any Auxilatrade servers or any other systems or networks of any Auxilatrade Services provided through the services by hacking, password mining or any other unlawful or prohibited means; (iii) probe, scan or test the vulnerabilities of Auxilatrade Services or any network connected to the properties, or violate any security or authentication measures on Auxilatrade Services or any network connected to Auxilatrade Services; (iv) reverse look-up, track or seek to track any information of any other Users or visitors of Auxilatrade Services; (v) take any actions that imposes an unreasonable or disproportionately large load on the infrastructure of systems or networks of Auxilatrade Services or Auxilatrade, or the infrastructure of any systems or networks connected to Auxilatrade services; (vi) use any devices, software or routine programs to interfere with the normal operation of Auxilatrade Services or any transactions on Auxilatrade Services, or any other person’s use of Auxilatrade Services; (vii) forge headers, impersonate, or otherwise manipulate identification, to disguise your identity or the origin of any messages or transmissions you send to Auxilatrade, or (viii) use Auxilatrade Services in an illegal way.
By accessing Auxilatrade Services, you agree that Auxilatrade has the right to investigate any violation of these Terms, unilaterally determine whether you have violated these Terms, and take actions under relevant regulations without your consent or prior notice. Examples of such actions include, but are not limited to:
Blocking and closing order requests;
Freezing your account;
Reporting the incident to the authorities;
Publishing the alleged violations and actions that have been taken;
Deleting any information you published that are found to be violations.
3. Crypto-to-crypto Trading
Upon completion of the registration and identity verification for your Auxilatrade Account, you may conduct Crypto-to-crypto Trading on Auxilatrade in accordance with the provisions of these Terms and Auxilatrade Platform Rules.
Upon sending an instruction of using Auxilatrade Services for Crypto-to-crypto Trading (an “Order”), your account will be immediately updated to reflect the open Orders, and your Orders will be included in Auxilatrade’s order book to match other users’ Orders. If one of your Orders fully or partially matches another user’s Order, Auxilatrade will execute an exchange (a “Transaction”). Once the Transaction is executed, your account will be updated to reflect that the Order has been fully executed and closed, or the Order has been partially executed. The Order will remain uncompleted until it is fully executed or cancelled under paragraph (b) below. To conclude a Transaction, you authorize Auxilatrade to temporarily control the Digital Currencies involved in your Transaction.
For Orders initiated through Auxilatrade Services, you may only cancel them before they have been matched with other Users’ Orders. Once your Order has been matched with another user’s Order, you may not change, revoke or cancel Auxilatrade’s authorization to complete the Order. For any partially matched Order, you may cancel the unmatched part of the Order unless such portion has been matched. Auxilatrade reserves the right to reject any cancellation request related to the Order you have submitted. If your account does not have sufficient amount of Digital Currencies to execute an Order, Auxilatrade may cancel the entire Order, or execute part of the Order with the amount of Digital Currencies you have in your account (in each case, any Transaction related fees payable to Auxilatrade are deducted as stated in paragraph (c) below).
You agree to pay Auxilatrade the fees specified in https://www.Auxilatrade.com/en/fee/schedule. Auxilatrade may, in its discretion, update the fees at any time. Any updated fees will apply to any sales or other Transactions that occur following the effective date of the updated fees. You authorize Auxilatrade to deduct from your account any applicable fees that you owe under these Terms.
d. Other Types of Crypto-to-crypto Trading
In addition to the Crypto-to-crypto Trading that allows users to directly place orders as mentioned in paragraph (a) above, Auxilatrade may, in its discretion, provide technical and platform services for other types of Crypto-to-crypto Trading under its separately formulated Auxilatrade Platform Rules, such as One Cancels the Other (OCO) and block trade.