Terms of Use

Introduction

1.1. PLEASE READ THESE TERMS & CONDITIONS CAREFULLY BEFORE USING THE CEBOT Exchange, OR ITS ANY SERVICE OFFERED THEREIN. BY USING THE CEBOT Exchange OR OTHERWISE ACCESSING OR USING SERVICES, YOU AGREE TO THE TERMS & CONDITIONS STATED HEREIN. IF YOU DO NOT ACCEPT THE TERMS & CONDITIONS OR ANY PROVISION THEREIN, DO NOT USE THE SERVICES OF CEBOT Exchange.

1.2. The users of the CEBOT Exchange or/and its services, shall be referred to as “you,” “your” or “yourself”. By using CEBOT Exchange you accept and comply with the terms and conditions governing your use of the CEBOT Exchange or/and the services offered therein (the “Terms & Conditions”). You should read the entire Terms & Conditions carefully before you use the CEBOT Exchange or any of the services offered on the CEBOT Exchange (the “Services”). If you do not agree to any term of these Terms & Conditions, you are required not to use the CEBOT Exchange and the Services.

2. Eligibility for Services

Starting to use the CEBOT Exchange and the Services you expressly represent and warrant that:

3. Personal Use of the Services

3.1. The CEBOT Exchange and Services are for your own personal and non-commercial use only.

3.2. By using CEBOT Exchange and Services, you agree to provide CEBOT with current, accurate, authentic, and complete information about you, which may include without limitations, your name, e-mail address, postal address, telephone number, ID number, birthdate, taxpayer identification number, personal bank account details. CEBOT may request additional information as necessary, including in the event of any suspicious activity related to you.

3.3. CEBOT may also perform further background checks on you and request any relevant documentation from you for any reason related to your use of the Services and/or as supporting evidence for any information you provide.

3.4. You acknowledge that in order to conduct background checks, CEBOT may perform inquiries, directly or indirectly through third-party service providers in the attempt to prevent misidentification, fraud, suspicious activity, money laundering, or any other forbidden activity, and may take actions with respect to the outcome of such inquiries, as CEBOT deems necessary. You hereby provide CEBOT with your authorization for such inquiries, including with respect to a query of your information.

3.5. The aforementioned notwithstanding, the CEBOT may, at any time, and in its sole discretion, deny you the option to use the Services, limit the operations, or suspend any transaction pending CEBOT review of any information submitted by you.

4. Confidentiality of your information

4.1. You acknowledge that you are responsible for maintaining the strict confidentiality of your information, including your passwords, safeguarding your own Digital Currency, and for all activity and transactions that are posted to CEBOT Exchange. You understand that any compromise of your information may expose your information to unauthorized access by third parties which may result in loss or theft of your digital currency or funds.

5. Misuse

5.1. The use of CEBOT Exchange without obtaining CEBOT prior express permission will result in the immediate suspension of any such activity, as well as all pending purchase/sale offers. Any attempt to do so or to assist others, or the distribution of instructions, software, or tools for that purpose, will result in that activities of such users being terminated, without derogating from any other remedy to which the KYRRREX may be entitled for such a violation and the CEBOT may take further actions against you.

5.2. You are required to notify CEBOT immediately of any unauthorized use of CEBOT Services, suspected compromise of your information, or any other breach of security by specially designated telegram chat.

5.3. You agree that you will not use the Services to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, terrorist financing, or malicious hacking. In addition, you warrant not to use methods to conceal the location from which you access the CEBOT Exchange and that you will disclose to the CEBOT your accurate and true location. Should the CEBOT determine in its sole discretion that your activity is suspicious or related to any prohibited activity or illegitimate operation, the CEBOT may cancel or suspend your operations, block any outstanding transactions, deny any new transactions, and/or freeze any your funds.

6. Provision of the Services

6.1. Purchase of Digital Currency. The Services allow you to buy Bitcoin, Ethereum, and any other digital currency that may be available for purchase through CEBOT Exchange.

6.2. Sale of Digital Currency. At CEBOT's sole discretion, CEBOT may also elect to allow users to sell Digital Currency to CEBOT.

6.3. Delivery of Digital Currency. CEBOT will use reasonable efforts to deliver the purchased Digital Currency to you at the earliest reasonable time in accordance with the terms and conditions hereunder. You acknowledge that delivery of the Digital Currency purchased by you may be completed separately from the payment process, and it may take time for the Digital Currency transfer to be processed. You also acknowledge that on some occasions, CEBOT may not be able to fulfill your purchase order or deliver the Digital Currency as further explained herein.

6.7. Wallet Address. You understand and accept that CEBOT shall deliver the purchased Digital Currency to the digital wallet address you provide to us with respect to each of your purchase orders (your 'Wallet Address') and which you verify with us upon CEBOT verification request. Such verification request may include, without limitation, verification through email or other electronic means. You further understand and accept that in the event you do not verify your Wallet Address within 30 days of CEBOT sending such verification request to you, CEBOT reserves the right to send you the relevant Digital Currency to the Wallet Address you provided to us upon initiating the applicable order, irrespective of any verification from you. You further understand that once CEBOT sends you Digital Currency to your Wallet Address, CEBOT will be unable to retrieve that Digital Currency from your Wallet Address.

6.8. You acknowledge that CEBOT will not be liable for any error with respect to the instructions you provide.

6.9. No Guarantee of Value or Liquidity. You understand and accept the risks involved in buying and selling Digital Currency, including the fact that CEBOT cannot guarantee that any Digital Currency will have, at any time in the future, a certain value (if any) or market liquidity. There is no guarantee that you will be able to sell the Digital Currency to any third party at a later time, and at no event will CEBOT be obligated to purchase from you any Digital Currency, whether bought from CEBOT or otherwise.

6.10. In case of the mistakenly performed transfer of digital currencies to wallets belonging to the CEBOT Exchange service, CEBOT does not refund mistakenly sent funds.

7. Price of Digital Currency and the Execution of Your Order

7.1. Price. The rate at which the Digital Currency is purchased or sold, as applicable, shall be determined in accordance with the price as displayed within the CEBOT Exchange (the “Price”).

7.2. Notwithstanding the above, you hereby understand and agree that any Price displayed within the CEBOT Exchange at which CEBOT sells or buys the Digital Currency is accurate for that present moment alone, and the Price which appears within the CEBOT Exchange upon your order for the Services may not be the final price or rate of your transaction. This is due to the highly volatile nature of the price of Digital Currency and the period of time that may be required for completing the transaction, as further detailed below.

7.3. The final Price of your transaction (the “Final Price”) will be the price which appears within the CEBOT Exchange.

7.4. You understand and agree that the Final Price may be either higher or lower than any other rate or price which was previously available within the CEBOT Exchange, in accordance with value fluctuation which may occur, and that this may change either in your favor or in CEBOT’s and CEBOT has no control whatsoever on such change.

7.5. As soon as reasonably practicable thereafter, CEBOT shall execute your order at the Final Price (the “Execution”). Until Execution, any order by you shall be considered as pending and not completed, and shall not be binding on CEBOT whatsoever.

7.6. Delivery. As soon as reasonably practicable after the Execution of your order: in the case of your purchase of Digital Currency from CEBOT, the relevant Digital Currency shall be delivered by CEBOT to your Wallet Address. While CEBOT will attempt to transfer the Digital Currency as soon as possible, please note that the transfer may take some time to be processed; and CEBOT shall provide you, by CEBOT Exchange, a transaction confirmation, detailing the Final Price and other particulars about the purchase and the Execution (the “Transaction Confirmation”).

7.7. Cancellation Policy. You acknowledge that Executed transactions are non-cancelable and you cannot change or reverse any transaction - whether completed or pending (including any order in which the Wallet Address has not yet been verified by you, as described in section 6.7 above). Notwithstanding the above, CEBOT, in its sole discretion, without any obligation whatsoever, may endeavor to comply with a request from you to cancel your transaction.

7.8. Ownership of your Wallet Address. For the purpose of executing any transaction, you guarantee to use and provide the electronic wallet address owned by you exclusively and which is under your sole and full control to which the Digital Currency purchased by you will be transferred.

7.9. CEBOT reserves the right to deny processing any order or cancel any pending transaction if:

- required to do so by law, regulation, competent court order, or other competent authority;

- CEBOT considers any such order or transaction as violating any provision of these Terms & Conditions or applicable law or regulation;

- it exceeds any limit which may apply to the number or volume of transactions in any given period, in accordance with CEBOT’s policies, as may be amended from time to time, or any other applicable laws and regulations; or

- such transaction places CEBOT’s operation, good name, or reputation at risk. In addition, CEBOT may take any additional actions available to it under these Terms & Conditions or other applicable laws and regulations with respect to such transaction.

7.10. You are fully responsible for paying all sums owed to CEBOT by you. CEBOT reserves the right to withhold any payment which is to be made to you until CEBOT can properly identify and authenticate your identity and/or payment details (as applicable).

8. Third parties

8.1. In accordance with CEBOT’s Privacy Policy, CEBOT may use or transfer your information to any other third-party service providers for the purpose of providing you with the Services or the improvement thereof, as well as for any KYC, AML, or CTF procedures, as described hereunder.

9. Use of CEBOT Technology and Intellectual Property

9.1. You may only install and use the CEBOT Exchange (the 'Software') and all content derived from the Software, including, but not limited to, the copyright and all other intellectual property rights in the Software, in connection with the Services for your personal and non-commercial use and in accordance with the Terms & Conditions. The Software's code, structure, and organization are protected by intellectual property rights. You must not:

- Copy, redistribute, publish, reverse engineer, decompile, disassemble, modify, translate or make any attempt to access the source code to create derivative works of the source code, or otherwise;

- Sell, assign, sublicense, transfer, distribute or lease the Software;

- Make the Software available to any third party through a computer network or otherwise;

- Export the Software to any country (whether by physical or electronic means); or

- Use the Software in a manner prohibited by any laws or regulations which apply to the use of the Software (collectively the 'Prohibited Acts').

9.2. You will be liable to us for any damage, costs, or expenses CEBOT suffers or incurs that arise out of or in connection with your commission of any of the Prohibited Acts. You shall notify CEBOT as soon as reasonably possible after becoming aware of the commission by any person of any of the Prohibited Acts and shall provide CEBOT with reasonable assistance with any investigations CEBOT may conduct as a result of the information provided by you in this respect.

9.3. The brand names relating to the Services and any other trademarks, service marks, and/or trade names used by CEBOT, or on CEBOT behalf (the 'Trade Marks'), are owned by CEBOT or its licensors. In addition to the rights in the Trade Marks, CEBOT and/or its licensors own the rights in all other content (the 'Content'). By using the Services, you shall not obtain any rights in the Trade Marks or the Content, and you may use the Trade Marks and Content in accordance with the terms of the Terms & Conditions only.

9.4. Availability of the Services. CEBOT cannot and does not guarantee the availability of the Services at all times. You acknowledge that CEBOT reserves the right, at all times, to delay, deny, or make unavailable, at any time and at its sole discretion, any or all of the Services. CEBOT shall have no responsibility or liability whatsoever in connection with the unavailability of any Service, whether caused by CEBOT as aforementioned or by any third party or force majeure. You explicitly understand that any such event may cause a delay in the execution or processing of your orders and transactions, and you irrevocably release CEBOT of any liability in this regard.

9.5. Security and Viruses. Any use of the internet may be subject to a virus attack and/or communication failure. CEBOT shall not bear any liability, whatsoever, for any damage or interruptions caused by computer viruses, spyware, Trojan horses, worms or other malware that may affect your systems, computer or other equipment, or any phishing, spoofing or other virus attacks. CEBOT recommends that all users use a reputable and available virus screening and prevention software at all times. You should also apply caution when reviewing text messages and emails purporting to originate from CEBOT, as SMS and emails are also vulnerable to phishing and spoofing and additional viruses. It is advisable that you avoid using unauthentic communication advising you options to log in.

9.6. Confidential Information. Provided that in the course of using the Services you are disclosed of any confidential information, you are obligated to keep such confidential information in strict confidence and use it in connection with the Services only. You may not disclose such confidential information without CEBOT’s prior written consent.

9.7. Retaining or Erasing Information. Following the termination of the Terms & Conditions, CEBOT may retain information for as long as CEBOT has a business or tax need or as required under applicable laws, regulations and/or government orders from time to time; provided however, in cases where such a need or government requirement does not exist, CEBOT shall endeavor to erase and discard your data, all subject to the limitations and requirements under the applicable laws and regulations.

10. Compliance

10.1. Your use of the Service must be in compliance with all laws and regulations applicable to you based on your applicable jurisdiction. It is your exclusive responsibility to ensure that your use of the Services is compliant with the applicable laws and regulations.

10.2. Where the CEBOT believes that your use of the Services may not be fully compliant with applicable laws and regulations, including, but not limited to, where there is any reason to suspect that your use of the Services involves any prohibited activities or you otherwise fail to complete the KYC, AML, and CTF procedures, CEBOT may refuse to provide you the Service, process your transactions or accept you as a client, in addition to any other action which CEBOT may deem appropriate.

10.3. Applicable Sanctions. You warrant that you will comply with all applicable international economic and export sanctions and any requirement therein. Without limiting the generality of the aforementioned, you will not use the Services available on Site if any of the following applies to you:

- You are a national or resident of Afghanistan, Algeria, Crimea, Central African Republic, Democratic Republic of the Congo, Ecuador, Ethiopia, Iran, Iraq, Lebanon, Libya, Nigeria, North Korea, Republic of the Congo, Serbia, Somalia, South Sudan, Sudan, Syria, Vanuatu, Yemen, United States of America, or any other country included in the US embargo, United Nations sanctions, HM Treasury's financial sanctions regime (the “Restricted Territories”) or you intend to distribute or provide the acquired Digital Currency or the Services to the Restricted Territories;

- Your name appears on the US Treasury Department's Specially Designated Nationals List or the US Commerce Department's Denied Persons List, Unverified List, Entity List HM Treasury's financial sanctions regime (the “Restricted Persons”) or you intend to distribute or provide the Services to any person of the Restricted Persons; and

- You are on a prescribed sanctions list.

10.4. Applicable Taxes. You are exclusively responsible to inquire with respect to the taxes applicable to your transactions on the Site. CEBOT is not and will at no event be deemed as providing any tax advice or consultation. It is your responsibility to report and remit the taxes payable to the appropriate tax authorities.

11. Limitations of Liability; Release

11.1. THE SERVICES AND THE SITE ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS, IMPLIED OR STATUTORY. CEBOT SPECIFICALLY DISCLAIMS ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE AND/OR NON-INFRINGEMENT. CEBOT DOES NOT MAKE ANY REPRESENTATIONS OR WARRANTIES THAT YOUR ACCESS TO THE SOFTWARE, THE SERVICES, AND/OR ANY PART OR MATERIALS MADE AVAILABLE THEREIN, WILL BE COMPLETE, ERROR FREE, CONTINUOUS, UNINTERRUPTED, ACCURATE, THAT DEFECTS WILL BE CORRECTED, AND/OR THE SOFTWARE OR THE SERVER THAT MAKES IT AVAILABLE ARE FREE OF VIRUSES AND BUGS, AND MAKES NO REPRESENTATION PERTAINING TO THE FULL FUNCTIONALITY, ACCURACY, RELIABILITY OF THE MATERIALS AND/OR AS TO RESULTS, OR THE ACCURACY OF ANY INFORMATION OBTAINED BY YOU THROUGH THE SERVICES AND/OR SOFTWARE. THE ENTIRE RISK AS TO THE USE, QUALITY, AND PERFORMANCE OF THE SOFTWARE AND/OR SERVICES LIES WITH YOU.

11.2. CEBOT HAS NO OBLIGATION TO MAINTAIN YOUR LOGIN CREDENTIALS. CEBOT SHALL NOT BE LIABLE IF YOU MISPLACE, FORGET OR LOSE LOGIN CREDENTIALS BECAUSE OF ANYTHING OTHER THAN THE CEBOT'S NEGLIGENCE.

11.3. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL CEBOT, ITS AFFILIATES OR SERVICE PROVIDERS, OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, AGENTS, JOINT VENTURERS, EMPLOYEES OR REPRESENTATIVES, BE LIABLE TO YOU OR ANYONE ON YOUR BEHALF, FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, INTANGIBLE, OR CONSEQUENTIAL DAMAGES OR LOSS OF ANY KIND, INCLUDING WITHOUT LIMITATIONS, LOSS OF BUSINESS, PROFITS, REVENUES, DATA, CONTRACTS OR ANTICIPATED SAVINGS; AND/OR LOSS OR ANY DAMAGE, ARISING FROM YOUR USE OF THE SERVICES OR SOFTWARE - WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, ARISING OUT OF OR IN CONNECTION WITH AUTHORIZED OR UNAUTHORIZED USE OF THE SOFTWARE AND/OR SERVICES.

11.4. YOU AGREE THAT ANY CLAIM OR CAUSE OF ACTION WHICH YOU MAY HAVE ARISING OUT OF OR RELATED TO USE OF THE SERVICES, SOFTWARE OR THE TERMS & CONDITIONS MUST BE FILED WITHIN ONE (1) YEAR AFTER SUCH CLAIM OR CAUSE OF ACTION AROSE OR BE FOREVER BARRED.

11.5. CEBOT SHALL NOT BE LIABLE TO YOU IN ANYWAY WHATSOEVER FOR THE TRANSFER OF ANY AND ALL DIGITAL CURRENCY IF YOU PROVIDE US WITH ANY INCORRECT AND/OR INCOMPLETE, PUBLIC KEY, AND/OR VIRTUAL WALLET ADDRESS DETAILS.

11.6. CEBOT specifically makes no warranties, representations or guarantees regarding the time required to complete processing any request provided by you, which are dependent upon many factors outside of the CEBOT’s span of control. Without derogating from the aforementioned, CEBOT makes efforts to process your requests in a timely manner.

11.7. Although the CEBOT intends to provide accurate and timely information on the Software (including, without limitation, the Content), the Software may not always be entirely accurate, complete or current and may also include technical inaccuracies or typographical errors. In an effort to continue to provide you with as complete and accurate information as possible, information may be changed or updated from time to time without notice. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the Software are your sole responsibility and CEBOT shall have no liability for such decisions.

11.8. You further agree that CEBOT shall not be liable to you or any third party for any amendment or termination of the Services and/or Terms & Conditions, or suspension of your access to the Services, except to the extent otherwise expressly set forth herein.

11.9. Nothing in the Terms & Conditions will operate so as to exclude any liability of CEBOT for death or personal injury that is caused by the CEBOT's negligence.

11.10. Release. Any disputes between you and any other user shall be exclusively resolved between you and such user, and you release CEBOT, its affiliates and service providers, and each of their respective officers, directors, agents, joint ventures, employees and representatives from any and all claims, demands and damages (actual and consequential) of every kind and nature arising out of or in any way connected with such disputes.

12. Indemnification

12.1. You agree to defend, indemnify and hold harmless CEBOT, its affiliates and service providers, and any of their respective employees, officers, directors, agents, joint ventures, and representatives, from any claims, demands, liabilities, damages, or costs (including attorneys' fees, fines, or penalties) suffered by CEBOT and arising out of or related to:

- breach by you of the Terms & Conditions;

- your use of the Software, or Services or use by any other person accessing the Services or Software using your user identification whether or not with your authorization; or

- any violation by you of any law, rule, regulation, or the rights of any third party.

13. Modifications to the Terms & Conditions

13.1. CEBOT may amend, modify, update and change any of the terms and conditions of the Terms & Conditions from time to time, including without limitation, as a result of legal and regulatory changes, security reasons and changes to its Services.

13.2. CEBOT will notify you of any such amendment, update, modification or change by publishing a new version of the Terms & Conditions. Any new version of the Terms & Conditions will take effect twenty-four (24) hours after its publication (or earlier if required by any law, regulation or directive which applies to either CEBOT or you), and your use of the Services after this period will be deemed to constitute your acceptance of such new version of the Terms & Conditions.

13.3. Please check for updates to the Terms & Conditions on a regular basis.

13.4. If you do not agree with any modification to the Terms & Conditions, your sole and exclusive remedy is to terminate your use of the Services.

14. External Websites or/and Services

14.1. CEBOT makes no representations, and takes no responsibility whatsoever regarding any third party websites, services, or content which you may access through CEBOT Software. The Software may present links or other forms of reference to other websites (the “External Websites”) or resources over which CEBOT has no control. You acknowledge that the CEBOT may present such links or references to you only as a convenience and that CEBOT does not endorse any of the External Website services or offerings made to you or any content provided therein. The CEBOT is not responsible for the availability of, and content provided on External Websites. You are requested to review the policies posted by the External Websites regarding privacy and other topics before use. The CEBOT is not responsible for third party content accessible through the Software, including opinions, advice, statements, prices, activities, and advertisements, and you shall bear all risks associated with the use of such content. 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. If you access any such External Websites you agree that you do so at your own risk and you agree that CEBOT will have no liability arising from your use of or access to any External Websites.

15. No Financial Advice

15.1. For the avoidance of doubt, CEBOT does not provide any investment advice, recommendation, or guidance, whether in connection with the Services or otherwise. No communication between CEBOT and you should be considered any form of investment advice. Any decision to purchase or sell Digital Currency is your exclusive decision at your own risk, and CEBOT will not be liable for any loss suffered. You should consult your own legal and/or tax advisors concerning your specific financial situation.

16. Lack of Financial Regulation

16.1. CEBOT's business model and CEBOT Services consist of facilitating the buying and selling of Digital Currency from and to the CEBOT in an unregulated, international, open payment system. Despite the aforementioned, certain jurisdictions apply regulations or may apply such regulations at any time, in which case, the Terms & Conditions, including the provision of the Services, may be amended accordingly or terminated to the extent such amendments are not possible. You agree and understand that legislative and regulatory changes or actions at a state, federal, or international level may adversely affect the use, transfer, exchange, and/or value of Digital Currency.

17. Know-Your-Client ('KYC'), Anti-money Laundering ('AML') and Counter Terrorist Financing ('CTF') Procedures

17.1. As part of its commitment to combat financial crimes, CEBOT has implemented procedures and systems aimed at allowing us to identify and mitigate the risks its Software and Services being misused for illegal purposes. These include its KYC, AML and CTF procedures, which are based on CEBOT collection of information about its Users, the assessment of AML/CTF risks associated with their activities, and the ongoing monitoring of transactions made by them.

17.2. Where CEBOT has any suspicion that its business relationship with you, or a specific transaction which you wish to make, involve any risk of money laundering, terrorism financing or any other financial crime or prohibited activity, CEBOT may, at its sole discretion, refuse to accept you as a client, terminate any engagement with you, refuse to process any transaction, and take any other action CEBOT deems necessary, including reporting CEBOT suspicion to the competent legal authorities. CEBOT will not be obligated to inform you of any such action it chooses to take, nor to provide you any explanation of its reasons for taking them or for CEBOT suspicions.

17.3. For the purpose of conducting the abovementioned checks, CEBOT may collect certain personal information about you, either from you or from external sources. Any such information about you shall be kept and utilized in accordance with CEBOT Privacy Policy. By making any use of the Services you represent and warrant that all information provided by you to CEBOT is correct, accurate and complete, and explicitly consent to the collection of additional information about you from third parties, including financial and credit institutions, governmental authorities and external databases.

18. Risks

18.1. The trading of goods and products, real or virtual, as well as virtual currencies, involves significant risks. Prices can 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 or sudden shifts 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. You should be aware that the risk of loss in trading or holding Digital Currencies can be substantial.

18.2. Digital Currency 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, Digital Currency is a unique kind of currency, backed by technology and trust. There is no central bank or government regulator that can take corrective measures to protect the value of the Digital Currency in a crisis, issue more currency, or balance the price fluctuations.

18.3. Instead, Digital Currency is an autonomous and largely unregulated worldwide system of currency firms and individuals. Traders and market participants put their trust in a digital, decentralized and partially anonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity. Thus, the value of Digital Currency may be derived from the continued willingness of market participants to exchange Fiat Currency for Digital Currency, which may result in the potential for permanent and total loss of value of a particular Digital Currency should the market for that Digital Currency disappear.

18.4. Digital Currency trading may be susceptible to irrational (or rational) bubbles or loss of confidence, which could collapse relative to demand and supply. For example, confidence in Digital Currency might collapse as a result of unexpected changes imposed by software developers or others, a government crackdown, the creation of superior competing alternative currencies, or a deflationary or inflationary spiral. Confidence might also collapse because of technical problems, for example, if the anonymity of the system is compromised, if money is lost or stolen, or if hackers or governments are able to prevent transactions from settling.

18.5. Transactions in the Digital Currency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable.

18.6. Due to the nature of Digital Currency, any technological difficulties experienced by the CEBOT could prevent the access or use of a user’s Digital Currency.

18.7. The abovementioned is not a closed list, there may be additional risks that CEBOT has not foreseen or identified in this Terms & Conditions. You should carefully assess whether your financial standing and tolerance for risk are suitable for buying, selling or trading Digital Currency.

18.8. Markets for Digital Currency have varying degrees of liquidity. Some are quite liquid while others may be thinner or illiquid. CEBOT does not guarantee any profit from trading or any other activity associated with the Services.

18.9. IN LIGHT OF THE ABOVEMENTIONED RISKS, WHICH ARE NOT A COMPREHENSIVE LIST, YOU SHOULD CAREFULLY CONSIDER IF HOLDING DIGITAL CURRENCY IS SUITABLE FOR YOU DEPENDING ON YOUR FINANCIAL CIRCUMSTANCES.

19. Customer Service

19.1. Customer Feedback. If you have any questions, feedbacks or complaints, you may contact CEBOT via specially designated CEBOT Support Telegram Bot.

19.2. CEBOT will not tolerate any abusive behavior exhibited by users of the Services to its employees. In the event CEBOT deems that your behavior, via chat or otherwise, has been abusive or derogatory towards any of its employees, CEBOT shall have the right to terminate the Terms & Conditions and such act will be considered as a breach of the Terms & Conditions by you.

20. General Provisions

20.1. Entire Agreement. These Terms & Conditions, comprise the entire understanding and agreements between you and CEBOT as to the subject matter hereof, and supersedes any and all prior discussions, agreements and understandings of any kind (including without limitation any prior versions of this Agreement), and every nature between you and CEBOT.

20.2. Section headings in this Agreement are for convenience only, and shall not govern the meaning or interpretation of any provision of this Agreement.

20.3. Relationship of the Parties. Both you and CEBOT are independent contractors, and nothing in these Terms & Conditions shall be deemed to create between you and CEBOT any other form of relationship, and the parties shall not be deemed to be partners, joint ventures or agents. You are not authorized to make any obligations on behalf of the CEBOT.

20.4. Assignment. You may not assign any rights and/or licenses granted under these Terms & Conditions, including without limitation, the right to use the Services which is exclusively for your personal use. CEBOT reserves the right to assign its rights without restriction, including without limitation to any CEBOT affiliates or subsidiaries, or to any successor in interest of any business associated with the Services. Any attempted transfer or assignment in violation hereof shall be null and void. Subject to the foregoing, these Terms & Conditions will bind and inure to the benefit of the parties, their successors and permitted assigns.

20.5. Severability. If any provision of these Terms & Conditions shall be determined to be invalid or unenforceable under any rule, law or regulation or any governmental agency, local, state, or federal, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of these Terms & Conditions shall not be affected.

20.6. Change of Control. In the event that CEBOT is acquired by or merged with a third party entity, CEBOT reserves the right, in any of these circumstances, to transfer or assign the information that CEBOT has collected from you, including any personal information, as part of such merger, acquisition, sale, or other change of control.

20.7. Survival. All provisions of these Terms & Conditions which by their nature extend beyond the expiration or termination of these Terms & Conditions, including, without limitation, sections pertaining to suspension or termination, debts owed to the CEBOT, general use of the Services, disputes with CEBOT, and general provisions.

20.8. Disputes and Governing Law. You and CEBOT agree that any dispute arising and relating to these Terms & Conditions shall first be resolved by contacting the other party directly in the attempt to reach an amicable resolution. You and CEBOT agree that any and all controversies and claims that cannot be resolved amicably will be submitted to the appropriate jurisdiction of the competent courts. The parties agree to keep confidential all matters relating to the arbitration, including related court proceedings, if any, to the greatest extent practicable. For purposes of this arbitration provision, references to the parties also include respective subsidiaries, affiliates, agents, employees, predecessors, successors and assigns as well as users or beneficiaries of the CEBOT’s Services.

20.9. Force Majeure. CEBOT shall not be liable for delays, failure in performance or interruption of service which results directly or indirectly from any cause or condition beyond its reasonable control, including, but not limited to, any delay or failure due to any act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophe or any other occurrence which is beyond CEBOT’s reasonable control and shall not affect the validity and enforceability of any remaining provisions.

20.10. English Language Controls. Any translation of the Terms & Conditions, if provided, is provided for your convenience alone. The meanings of terms, conditions and representations herein are subject to definitions and interpretations in the English language. Any translation provided may not accurately represent the information in the original English.

@crypto_cebot


CEBOT Crypto Exchange Bot allows secure buying and selling of cryptocurrencies, including BTC, USDT, USDC, ETH, LTC, BNB, TRX and more

© Copyright 2021 CEBOT Inc. All rights reserved.