Acceptance of terms
Change of terms
Registration (User account) & Verification
Limitation, Suspension & Termination of your User account
Fees & Pricing
Feedback and User submissions
Intellectual Property Rights
ACCEPTANCE OF TERMS:
CHANGE OF TERMS
REGISTRATION (USER ACCOUNT) & VERIFICATION
To avail our services, you must first register with us by creating a user account. Only users above the age of 21 are permitted to register with us. Once the necessary information required for us by registration is provided and the submitted information has been examined according to the legal requirements placed upon us by authorities, an account will be issued. We request you to provide authentic information. We have the right to terminate your account if the information submitted proves to be fraudulent and does not comply with our standards.
A user is limited to only one account at the time. To create on behalf of someone else is strictly prohibited. Neither are you allowed to sell, borrow, share, or make your account details to ANYONE other than yourself.
The responsibility for maintaining your user credentials entirely lies in the user.
For us to abide by the legal obligations, we are subjected to verify your account when you create advertisements, pass certain trade volume limits, during trade disputes, fraud investigations, and to ensure the ownership of your account. We may also enhance the verification process, in certain situations, by demanding the sources for your fund through which the trade is initiated in our platform.
You are solely responsible for any obligations that have risen up until your termination. Also, you hold the right to delete your account at any time.
You agree to indemnify and hold Koin Bazar (and its officers, employees, and agents) harmless, including costs and attorneys’ fees, from any claim or demand made by any third party due to or arising out of your,
(a) use of the service.
(b) violation of this Agreement.
(c) violation of applicable laws or regulations.
(d) third-party services.
Koin Bazar reserves the right, at your expense, to assume the defense, authority, and control of any matter for which you are required to indemnify us, and you agree to cooperate with our defense. You agree not to settle any dispute without the prior written consent of the Koin Bazar. We will use our best efforts to notify you of any such claim, action, or proceeding upon becoming aware of it.
In connection with your use of our Services, you hereby agree that you will not indulge in the following.
i) violate (or assist any other party in violating) any applicable law, statute, or regulation;
ii) deliberately try to defraud (or assist in the defrauding of) Koin Bazar or any other User;
iii) provide fake, unauthentic, inaccurate, or misleading information;
(iv) trade taking advantage of any technical glitch, malfunction, failure, delay, or security breach;
v) take any action that interferes with our system or data.
vi) indulge in illegal activities;
vii) attempt to gain unauthorized access to other Koin Bazar Accounts, the Services, or any related networks or systems;
viii) act against Koin Bazar or as an intermediary by joining forces with third parties;
ix) use the Services to engage in conduct that is detrimental to Koin Bazar, to any other user or any other third party;
x) hack others’ data.
xi) defame, harass, or violate the privacy or intellectual property rights of Koin Bazar or any other User;
xii) upload or transmit any messages, photos, videos or other media that contain illegal goods, pornographic, violent, obscene or copyrighted images or materials for use as an avatar, in connection with a payment or payment request.
xiii) not to upload, transmit, or distribute to or through the Services any computer viruses, worms, or any software intended to damage or alter a computer system or data;
xiv) attempt to decompile, disrupt and intervene our system performance, any third-party use of the Services, or any third-party data contained
xv) access the Services in order to build a competitive product or service or copy any ideas, features, functions, or graphics.
Koin Bazar does not encourage any sort of conflict, dispute, disagreement or row between buyers and sellers. In the unfortunate event of any dispute/conflict/disagreement/row that arises between buyers and sellers, the corresponding disagreement shall be attempted to solve.
Your private data account information, fund, and crypto coins will be secure with the corresponding wallets. The user credentials, key secret codes, and other prominent login information must be maintained only by the user and Koin Bazar holds no responsibility to secure your credentials. Also, Koin Bazar will not be accountable and liable in the event of any unfortunate security breach or hacks. Users are not entitled to claim for reimbursement or file charges against Koin Bazar. However, Koin Bazar will try every possible method from its side to limit the issues and get the system back to smooth functioning.
Koin Bazar has committed to maintaining the security of User funds and implemented industry-standard protection for its services. Yet, the users’ actions pose risks. You are solely responsible for taking the necessary security measures to protect your Koin Bazar account and other personal information.
Koin Bazar assumes in no way any responsibility for any loss or consequences caused as a result of authorized/unauthorized use of your account credentials, submission of various rules and agreements by clicking on the site, online agreement etc.
By creating an Koin Bazar account, you hereby declare that
i) You will notify Koin Bazar immediately in the event of any unauthorized login.
ii) You will strictly comply with the rules of Koin Bazar regarding security, authentication, trading, charging, and withdrawal.
iii) You will take apt steps to logout from Koin Bazar at the end of each visit.
LIMITATION, SUSPENSION & TERMINATION OF YOUR USER ACCOUNT
i) Koin Bazar may terminate your Account or suspend your access to the Services at any time and with immediate effect for any reason or no reason, in our sole and absolute discretion. We have the right to decline to process any deposit/withdrawal without prior notice and may limit/suspend your use of one or more Services at any time, at our sole discretion. We hold the right to freeze the balance remaining in the suspended account.
ii) If the account is terminated due to fraud, violation of law, or violation of this Agreement, Koin Bazar may, in its discretion, confiscate any balance remaining in the Account and deliver it to any applicable government, law enforcement, or other authorities where circumstances warrant.
iii) You may cancel your Account at any time by withdrawing all balances and sending us a message through the contact page requesting the cancellation of your Account. You remain liable for all transactions made while the account was open, upon termination of this Agreement and your Account.
iv) If you are holding bitcoin in your wallet and there has been no activity in your account for a period of time prescribed by applicable law, we may be required to report such remaining bitcoin in your account as unclaimed property in accordance with abandoned property and escheat laws. If this occurs, we will use our best efforts to provide written notice to you. If you fail to respond to any such notice within seven (7) business days of receipt, or as otherwise required by law, we may be required to deliver any such bitcoin to the applicable jurisdiction as unclaimed property. We reserve the right to deduct a dormancy fee or other administrative charges from such unclaimed bitcoin as permitted by applicable law.
v) Account suspension results in a temporary loss of access to most parts of the services we offer. Account termination blocks access to all services.
vi) As a result of limitation, suspension, or termination your access to and the withdrawal of bitcoins that you have in your wallet may be delayed or denied.
We hold every right to limit, suspend, or terminate your account or access to the services that we provide if:
i) we have a reason to believe that you have acted in violation of these Terms of Service or applicable laws or regulations or if we have an authentic reason to believe that any content/material submitted/shared by you in or through the Services violates these Terms and Conditions or applicable laws or regulations or third party rights.
ii) we suspect that you use Koin Bazar services to engage in, attempt to engage in, or in connection with any sort of fraudulent activity, money laundering, terrorist financing, or other financial crime.
iii) we have not been able to verify your identity or we have reason to believe that you have supplied false, misleading or deceptive information in connection with your registration, identity check-up, trades or any other use of our services, either to us or to another user.
iv) we are required to do so under any applicable law, regulation or an order issued by an authority or court.
v) behave in a way that libels, defames, invades privacy, stalks, is obscene, pornographic, racist, abusive, harassing, threatening, or is offensive.
vi) if you use the services in a manner which may cause the services to be interrupted or damaged or such a way that the functionality of the services is in any sort of way impaired or attempt to illegally break any security mechanism of the services or if Koin Bazar believes in good faith that such action is reasonably necessary to protect the security of its services/ property/brand/security and rights of its users or those of third parties.
vii) attempt any unauthorized access to user accounts or any part or component of the service.
We will give you notice of any suspension, or termination of your account but we might if it is reasonable to do so (for example we consider it advisable for security reasons), limit, suspend or terminate your account without any sort of prior notice.
YOU ACKNOWLEDGE THAT OUR DECISION TO TAKE CERTAIN ACTIONS, INCLUDING LIMITING ACCESS TO, SUSPENDING, OR CLOSING YOUR ACCOUNT OR WALLET, MAY BE BASED ON CONFIDENTIAL CRITERIA THAT ARE ESSENTIAL TO OUR RISK MANAGEMENT AND SECURITY PROTOCOLS. YOU AGREE THAT KOIN BAZAR IS UNDER NO OBLIGATION TO DISCLOSE THE DETAILS OF ITS RISK MANAGEMENT AND SECURITY PROCEDURES TO YOU.
10. FEES & PRICING
For the use of our services, you agree to pay the fees and charges as listed on our website. It may include fees for incoming/outgoing transactions and share-based fees for trades completed. You accept the fees deducted from your account when the service is completed. Koin Bazar holds the right to change the fees or principles of pricing from time to time based on the terms of this agreement.
11. DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY
Under no circumstances will Koin Bazar, it’s affiliates and their respective shareholders, members, directors, officers, employees, agents, and suppliers/contractors be liable for any indirect, consequential, or incidental damages arising out of Koin Bazar services.
We make no warranty that the website or the server is virus-free and Koin Bazar will in no way be liable for any security breach or any other form of a cyber-attack or loss of information/data due to any information/material posted online.
Koin Bazar makes no warranty of any kind, express or implied, including any implied warranty of merchantability or fitness for a particular purpose, in connection with the Trading Services provided to you under this Agreement. We do not and cannot warrant that Koin Bazar will operate without errors, or that any or all of our services will be available and operational at all times. You agree that our employees, directors, agents, or contractors are not liable for any indirect, incidental, special, or consequential damages under or by reason of any services or products provided under this Agreement or by reason of your use of or access to Koin Bazar trading, including loss of profits, revenue, data, or use by you or any third party, whether in contract or based on a warranty.
We are not liable for the fluctuation in the value of cryptocurrencies. The users are only responsible for being aware of the changes on a daily basis.
12. FEEDBACK & USER SUBMISSION
Koin Bazar strives to improve its Services and the website. Users' suggestions on further improvement of the platform or website are most welcome but their suggestions will be subjected to the terms and conditions in this agreement.
Under no circumstances will any disclosure of any idea or feedback, or any related material to Koin Bazar or any of its subsidiaries, parents or affiliated companies, or any of their officers, directors, managers, members, shareholders, employees and agents, or any of their heirs, successors, representatives and assigns (each an “Koin Bazar Party” and collectively, the (“Koin Bazar Parties”) be subject to any sort of obligation of confidentiality/expectation of compensation. You further accept that Koin Bazar may sub-license any of the Koin Bazar Parties to use in any way any Work and material you have submitted. We have the right to remove any posting users may make to the Website, in our absolute discretion, without prior warning or reasons.
i) Independent Parties: Koin Bazar is an independent contractor but not an agent of you in the performance of these Terms. These Terms must not be interpreted as facts or evidence of an association, joint venture, partnership, or franchise between the parties.
ii) Entire Agreement: These terms constitute the entire agreement between the parties regarding the use of Koin Bazar services and will supersede all prior written or oral agreements between the parties. Usage of trade or other regular practice or method of dealing between the parties will not be used to modify, interpret, supplement, or alter the terms herein.
iii) Interpretation and Revision: Koin Bazar reserves the right to alter, revise, modify, and/or change these terms at any time. All changes will take effect immediately upon being published on Koin Bazar websites. It is your responsibility to regularly check relevant pages on our websites/applications to confirm the latest version of these Terms and conditions. If you do not agree to any such modifications, your only remedy is to terminate your usage of Koin Bazar Services and cancel your account. You agree that, unless otherwise expressly provided in these Terms, Koin Bazar will not be responsible for any modification or termination of Koin Bazar Services by you or any third party, or suspension or termination of your access to Koin Bazar Services.
iv) Force Majeure: Koin Bazar will not be liable for any delay or failure to perform as required by these Terms because of any cause or condition beyond Koin Bazar’s reasonable control.
v) Severability: If any portion of these Terms and Conditions is held invalid or unenforceable, such invalidity will not affect the other provisions of these Terms and Conditions, which will remain in full force and effect.
vi) Assignment: You may not assign or transfer any right to use Koin Bazar or any of your rights or obligations under these Terms without prior written consent from Koin Bazar, including any right or obligation related to the enforcement of laws or the change of control. Koin Bazar may assign or transfer any or all of its rights or obligations under these Terms, in whole or in part, without notice or obtaining your consent or approval.
viii) Contact Information: For more information on Koin Bazar, you may refer to the company. If you have questions regarding these Terms, please feel free to contact Ko
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