Privacy Policy 1EX
These 1EX Terms of Use are between you (hereinafter referred to as “you” or “your”) and the 1EX Operators (as defined below). below) provided by 1EX (as defined below), you agree that you have read, understood and accepted all of the terms and conditions set forth in these Terms of Use (hereinafter referred to as “these Terms”) as well as our Privacy Policy at 1EX. In addition, when you use certain features of the Services, you may be subject to specific additional terms and conditions that apply to those features.
Please read the terms and conditions carefully as they govern your use of the 1EX services. THESE TERMS CONTAINS IMPORTANT PROVISIONS, INCLUDING THE ARBITRATION PROVISION WHICH REQUIRES ALL CLAIMS TO BE RESOLVED BY LEGALLY BINDING ARBITRATION. The terms of the arbitration clause are set out in Article 10, Dispute Resolution: Court, Arbitration, Class Action Waiver, below. As with any asset, the value of Digital Currencies (as defined below) can fluctuate significantly and there is a significant risk of economic loss when buying, selling, holding or investing in Digital Currencies and their derivatives. BY USING THE 1EX SERVICES, YOU ACKNOWLEDGE AND AGREE THAT: (1) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRANSACTIONS WITH DIGITAL CURRENCIES AND THEIR DERIVATIVES; (2) YOU ASSUME ALL RISK RELATED TO THE USE OF 1EX SERVICES AND OPERATIONS WITH DIGITAL CURRENCIES AND THEIR DERIVATIVES.; AND (3) 1EX IS NOT LIABLE FOR ANY SUCH RISK OR ADVERSE CONSEQUENCES.
By accessing, using or attempting to use the 1EX 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 1EX or use 1EX services.
I. Definitions
1. 1EX refers to the ecosystem of 1EX websites (whose domain names include but are not limited to 1EX.com ), ETS software, clients, applets and other applications that are developed to provide 1EX services and include independently managed platforms, websites and customers within the ecosystem. In the event of any inconsistency between the respective terms of use of the above platforms and the contents of these Terms, the respective applicable terms of such platforms shall prevail.
2. 1EX Operators refers to all parties that operate 1EX, including but not limited to legal entities, unincorporated organizations and teams that provide 1EX Services and are responsible for such services. For convenience, unless otherwise noted, references to “1EX” and “we” in these Terms specifically refer to 1EX Operators. UNDER THESE TERMS, 1EX OPERATORS MAY CHANGE AS 1EX’S BUSINESS IS ADJUSTED, AND IN THIS CASE, THE CHANGED OPERATORS WILL PERFORM THEIR OBLIGATIONS In accordance with these conditions in relation to you and provide you with services, and such changes do not affect your rights and interests in accordance with these conditions. In addition, the scope of the 1EX operators can be expanded by providing new services 1EX, and in this CASE, IF YOU CONTINUE TO USE THE 1EX SERVICES, YOU ARE CONSIDERED THAT YOU AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS WITH THE RECENTLY ADDED 1EX OPERATORS. IN THE EVENT OF A DISPUTE, YOU SHOULD IDENTIFY THE ORGANIZATIONS THAT APPLY TO YOU AND THE PARTNERS IN THE DISPUTE, BASED ON THE PARTICULAR SERVICES YOU USE AND THE SPECIFIC ACTIONS THAT AFFECT YOUR RIGHTS.
3. 1EX Services refers to the various services provided to you by 1EX that are based on Internet and/or blockchain technologies and are offered through 1EX websites, customers and other forms (including new ones that will be made available in future technological developments).
4. The 1EX Platform Rules apply to all rules, interpretations, announcements, statements, letters of consent and other content that have been and will subsequently be published by 1EX, as well as all provisions, implementation rules, product process descriptions and announcements published in the Help Center or within the processes of products or services.
5. Users are all individuals, institutions or organizations that access, download or use 1EX or 1EX Services and who comply with the criteria and conditions provided by 1EX. If other agreements exist for entities such as developers, distributors, market makers and digital currency exchanges, such agreements must be respected.
6. Digital currencies refer to encrypted or digital tokens or cryptocurrencies with a certain value, which are based on blockchain and cryptography technologies, are issued and managed in a decentralized form.
7. Digital assets refer to digital currencies, their derivatives or other types of digital assets with a certain value.
8. 1EX Accounts refers to basic virtual accounts, including master accounts and sub-accounts, that are opened by 1EX for users to record on 1EX their use of the 1EX Services, transactions, asset changes, and basic information. 1EX accounts serve as the basis for users to enjoy and exercise their rights to 1EX.
9. Cryptocurrency trading refers to spot transactions in which one digital currency is exchanged for another digital currency.
10. Fiat currency trading refers to spot transactions in which digital currencies are exchanged for fiat currencies or vice versa.
11. Escrow Accounts refers to special accounts opened by Users on 1EX for depositing and withdrawing collateral (such as margin) in accordance with these Terms (including the 1EX Contractual Services Agreement and the 1EX Platform Rules), as required for contract transactions, trading with attracting borrowed funds and / or services for borrowing currency.
12. Loan/Lending refers to the provision of 1EX Digital Currencies to Users against interest charged in a certain manner (in the form of digital currencies), including, but not limited to, leveraged trading and foreign exchange lending services currently offered, as well as other forms lending/lending services to be launched by 1EX.
13. KYC refers to the “know your customer” process that 1EX has implemented before entering into a business relationship or conducting transactions with its Users. As part of this process, 1EX may do whatever it deems necessary to identify Users, verify their identity, scrutinize and investigate User transactions, or comply with any applicable law or regulation.
II. General provisions
1. About These Terms
a. Contractual relationship
These Terms constitute a legal agreement and create a binding contract between you and the 1EX operators.
b. Additional terms
Due to the rapid development of the Digital Currencies and the 1EX, these Terms between you and the 1EX Operators do not list or cover all of the rights and obligations of each party and do not guarantee full compliance with the needs arising from future development. THEREFORE, THE PRIVACY POLICY, THE 1EX PLATFORM RULES AND ALL OTHER AGREEMENTS SEPARATELY BETWEEN YOU AND 1EX ARE CONSIDERED AS ADDITIONAL TERMS AND CONDITIONS THAT ARE AN ESSENTIAL PART OF THESE TERMS AND HAVE THE SAME LEGAL EFFECT. YOUR USE OF THE 1EX SERVICES IS CONSIDERED YOUR ACCEPTANCE OF THE ABOVE ADDITIONAL TERMS.
c. Changes to These Terms
1EX reserves the right to change or modify these Terms at its sole discretion at any time. 1EX will provide notice of such changes by updating the terms and conditions on its website (1EX.com) and changing the [Last Revised] date displayed on this ADDRESS page. WITHOUT EXCLUSION, ALL CHANGES OR SUPPLEMENTS TO THESE TERMS AND CONDITIONS WILL BE EFFECTIVE AT THE TIME POSTED ON THE WEBSITE OR PROVIDED TO USERS. THEREFORE, YOUR FURTHER USE OF THE 1EX SERVICES IS CONSIDERED YOUR ACCEPTANCE OF THE AMENDED AGREEMENT AND RULES. IF YOU DO NOT AGREE TO ANY CHANGES TO THESE TERMS AND CONDITIONS, YOU MUST STOP USING THE 1EX SERVICES IMMEDIATELY. YOU ARE RECOMMENDED TO REVIEW THESE TERMS FREQUENTLY TO ENSURE THAT YOU UNDERSTAND THE TERMS AND CONDITIONS THAT APPLY TO YOUR ACCESS TO AND USE OF THE 1EX SERVICES.
d. Prohibition on use
When obtaining and using services 1EX, you declare and guarantee that you have not been included in any trading embargo or a list of economic sanctions (for example, a sanctions list of the United Nations Security Council), a list of specially appointed citizens that conduct OFAC (Office for Office FOREIGN ASSET CONTROL OF THE US DEPARTMENT OF THE TREASURY), OR THE LIST OF PROHIBITED INDIVIDUALS OR ENTITIES OF THE US DEPARTMENT OF COMMERCE. 1EX RESERVES THE RIGHT TO SELECT MARKETS AND JURISDICTIONS TO DO BUSINESS AND MAY AT ITS SOLE DISCRETION LIMIT OR WITHDRAW 1EX SERVICES IN CERTAIN COUNTRIES OR REGIONS.
2. About 1EX
As an important part of the 1EX ecosystem, 1EX mainly serves as a global online digital asset trading platform and provides users with a trading platform, financial services, technical services and other services related to digital assets. As detailed in Article 3 below, Users must register and open an account with 1EX and deposit digital assets into their account before trading. Users may, subject to the limitations set out in these Terms, apply to withdraw Digital Assets.
While 1EX strives to maintain the accuracy of the information provided through the 1EX Services, 1EX cannot and does not guarantee its accuracy, applicability, reliability, integrity, performance, or appropriateness, and 1EX shall not be liable for any loss or damage that may be directly or indirectly caused by your use of this content. Information about the 1EX Services may change without prior notice, and the main purpose of providing such information is to help Users make independent decisions. 1EX does not provide investment or advisory advice of any kind and is not responsible for the use or interpretation of information on 1EX or any other communication medium. All users of the 1EX Services must understand the risks associated with trading digital assets,
3. 1EX account registration and requirements
a. Registration
All Users must apply to create a 1EX account at(1EX.com) before using 1EX services. When you register for a 1EX Account, you must provide the information specified in this paragraph 3 or as otherwise required by 1EX and accept these Terms, the Privacy Policy and other 1EX Platform Rules. 1EX may, in its sole discretion, refuse to open a 1EX account for you. You agree to provide complete and accurate information when opening a 1EX account and agree to promptly update any information you provide to 1EX to maintain the integrity and accuracy of the information. Each User (including a natural, legal or legal person) can maintain only one master account at any given time. However, users may open one or more sub-accounts under the main account with the consent of 1EX. For certain 1EX Services, you may be required to create a specific account independent of your 1EX Account in accordance with the provisions of these Terms or Additional Terms. Registration, use, protection and management of such trading accounts are equally governed by the provisions of this Section and Section VI, unless otherwise specified in these Terms or Additional Terms.
b. Acceptability
By registering to use a 1EX account, you represent and warrant that: (i) as an individual, you are at least 18 years of age or of legal age to enter into a binding contract under applicable law; (ii) as an individual, entity, or other entity, you have full legal capacity and sufficient authorization to enter into these Terms; (iii) you have not previously been suspended or suspended from the 1EX Platform or 1EX Services; (iv) you do not have an existing 1EX account; (v) you are not a resident of, located in, or otherwise attempting to access the 1EX Platform or the 1EX Services, or otherwise acting on behalf of a person or entity that is resident or located in a Restricted Location. For the purposes of this Agreement, “Restricted Location” includes WHO IS NOT INCLUDED and such other locations as are designated from time to time by 1EX Operators as “Restricted Location” for purposes of this Agreement; (vi) if you are acting as an employee or agent of an entity and are entering into these Terms on its behalf, you represent and warrant that you have all necessary rights and permissions to be associated with such entity and to access and use the 1EX Platform and 1EX Services on behalf of such legal entity; and (vii) your use of the 1EX Platform and 1EX Services will not violate any laws and regulations applicable to you or the entity on whose behalf you are acting, including, but not limited to, anti-money laundering provisions,
Please note that there are legal requirements in various countries that may limit the products and services that 1EX operators can legally provide. Accordingly, some products and services, as well as certain functionality of the 1EX Platform, may not be available or may be limited in certain jurisdictions or regions for certain users. You are responsible for informing and complying with any restrictions and/or requirements imposed on access to and use of the 1EX Platform and 1EX Services in each country from which you, or on your behalf, access the 1EX Platform and 1EX Services. 1EX operators reserve the right to change,
c. Verification of the User's identity
Your registration of an account with 1EX will be deemed your consent to provide the necessary personal information for identity verification. Such information will be used to verify the identity of Users, detect traces of money laundering, terrorist financing, fraud and other financial crimes through 1EX or for other lawful purposes specified by 1EX. We will collect, use and share such information in accordance with our Privacy Policy. In addition to providing such information, you agree to allow us to keep a record of this information for the period your account is active and for five (5) years after your account is closed in accordance with global industry data retention standards. You also authorize us to conduct necessary investigations, directly or through a third party, to verify your identity or to protect you and/or us from financial crimes such as fraud. The information we need to verify your identity may include, but is not limited to, your name, email address, contact information, phone number, username, government-issued ID, date of birth, and other information collected during account registration . By providing the required information, you represent that it is true and accurate. AFTER REGISTRATION, YOU MUST MAKE SURE THAT THE INFORMATION IS TRUE, COMPLETE AND IS TIMELY UPDATED WHEN CHANGES. IF THERE IS ANY REASON TO BELIEVE THAT ANY INFORMATION YOU PROVIDE IS INCORRECT, FALSE, OBSOLETE OR INCOMPLETE, 1EX RESERVES THE RIGHT TO SEND YOU A NOTICE REQUESTING CORRECTION, DIRECT DELETION OF RELEVANT INFORMATION AND, WHICH APPLICABLE, TERMINATION OF ALL OR PART OF THE 1EX SERVICES WE PROVIDE TO YOU. IF WE ARE UNABLE TO CONTACT YOU USING THE CONTACT INFORMATION YOU PROVIDE, YOU ARE FULLY RESPONSIBLE FOR ANY LOSS OR EXPENSE CAUSED BY 1EX DURING YOUR USE OF THE 1EX SERVICES. You recognize the present and agree that you must update all the information in case of any changes. When registering an account, you thereby allow 1EX to conduct investigations that 1EX will consider it necessary, directly or through a third party, to verify your personality or protection YOU, OTHER USERS AND/OR 1EX FROM FRAUD OR OTHER FINANCIAL CRIMES, AND TAKE ACTION BASED ON THE FINDINGS OF SUCH INVESTIGATIONS. YOU FURTHER ACKNOWLEDGE AND AGREE THAT YOUR PERSONAL INFORMATION MAY BE DISCLOSURED TO CREDIT BUREAU AND FRAUD OR FINANCIAL CRIME PREVENTION AGENCIES WHICH MAY REACT TO OUR INVESTIGATIONS TO THE FULL EXTENT.
d. Account usage requirements
The 1EX account can only be used by the account owner. 1EX reserves the right to suspend, freeze or cancel the use of 1EX Accounts by non-account holders. If you suspect or become aware of any unauthorized use of your username and password, you should notify 1EX immediately. 1EX shall not be liable for any loss or damage resulting from the use of the 1EX Account by you or any third party with or without your permission.
e. Account Security
1EX is committed to maintaining the security of funds entrusted to Users and has implemented industry standard security for 1EX services. However, the actions of individual Users may present risks. You agree to treat your access credentials (such as username and password) as confidential information and not disclose such information to third parties. You also agree to be solely responsible for taking the necessary security measures to protect your 1EX account and personal information.
1EX account and personal information.
You shall be solely responsible for the security of your 1EX account and password, and shall be responsible for all transactions under your 1EX account. 1EX shall not be liable for any loss or consequences resulting from the authorized or unauthorized use of your account credentials, including but not limited to disclosure, disclosure, agreement or provision of various rules and agreements by going to the website, renewing online agreements, etc.
By creating a 1EX account, you hereby agree that:
you will notify 1EX immediately if you become aware of any unauthorized use of your 1EX account and password or any other breach of security;
you will strictly comply with all 1EX mechanisms or procedures regarding security, authentication, trading, charging and withdrawal of funds; and
you will take appropriate steps to exit 1EX at the end of each visit.
iii. Services 1EX
After completing registration and identity verification for your 1EX account, you can use various 1EX services, including, but not limited to, cryptocurrency trading, fiat trading, contracts trading, leveraged trading, 1EX savings services, betting, getting market data, research and other information published by 1EX, participating in the activities of Users conducted by 1EX, etc., in accordance with the provisions of these Terms (including the 1EX Platform Rules and other individual agreements). 1EX is entitled to:
Provide, modify or terminate, at its sole discretion, any 1EX Services; and
Allow or prohibit certain Users from using any 1EX Services in accordance with the relevant 1EX Platform Rules.
1EX has the sole authority to determine which digital assets are listed on the platform and may add or remove digital assets from the platform from time to time at its sole discretion. 1EX can also change the order size available for each digital asset. With respect to such additions, deletions or changes, 1EX may, but is not obligated to, notify Users in advance, and 1EX shall have no liability to Users in connection with such additions, deletions or changes.
1. Guidelines for using the Service
a. License
Provided that you comply with the express terms and conditions set forth in these Terms at all times, 1EX grants you a revocable, limited, royalty-free, non-exclusive, non-transferable, and non-sublicensable license to access and use the 1EX Services through your computer or Internet-enabled devices, for your personal/internal purposes. You are prohibited from using the 1EX Services for resale or commercial purposes, including transactions on behalf of other individuals or entities. All of the above activities are expressly prohibited and constitute a material breach of these Terms. Content location, format, features and access rights to 1EX Services shall be at the sole discretion of 1EX. 1EX reserves all rights not expressly granted in these Terms. In this way,
These Terms provide only a limited license to access and use the 1EX Services. Therefore, you hereby agree that when you use the 1EX Services, 1EX does not transfer the 1EX Services or ownership or intellectual property rights in any 1EX intellectual property to you or anyone else. All text, graphics, user interfaces, visual interface, photographs, sounds, flow charts, computer code (including html code), programs, software, products, information and documents, as well as design, structure, selection, coordination, expression, the appearance and layout of any content included in the services or made available through the 1EX Services is owned, controlled and/or licensed solely by 1EX operators or its members, parent companies,
1EX owns any feedback, suggestions, ideas, or other information or materials (collectively, “Feedback”) about 1EX or the 1EX Services that you provide by email, the 1EX Services, or otherwise. You hereby assign all right, title, and interest in the Feedback and all intellectual property rights to 1EX associated therewith. You are not entitled to and hereby waive any request for confirmation or compensation based on any Feedback, or any change based on any Feedback.
b. Limitation
When you use the 1EX Services, you agree and undertake to be bound by the following:
While using the 1EX Services, all activities that you perform must comply with the requirements of applicable laws and regulations, these Terms and various 1EX guidelines;
Your use of the 1EX Services must not violate the public interest, public morality, or the legitimate interests of others, including any action that may interfere with, disrupt, adversely affect or prohibit other Users from using the 1EX Services.;
You agree not to use the Services for market manipulation (such as pump and dump schemes, flush trading, self-trading, shell trading, price stuffing, or spoofing or layering, whether or not prohibited by law).;
Without the written consent of 1EX, the following commercial use of 1EX data is prohibited:
1) Trading services using 1EX quotes or market bulletin board information.
2) Data transmission or streaming services that use any 1EX market data.
3) Any other websites/apps/services that charge for market data generated from 1EX or otherwise generate revenue (including through advertising or referral fees).
Without the prior written consent of 1EX, you may not modify, duplicate, duplicate, copy, download, store, further transmit, distribute, transmit, disassemble, broadcast, publish, remove or modify any copyright statement or label, or license, sublicense, sell, mirror, develop, lease, lease, private label, grant or create derivative works of a security right in real estate or any part of real estate, or otherwise take advantage of any part of real estate.
You may not (i) use any deep linking, web crawler, bot, spider or other automated device, program, script, algorithm or method, or any similar or equivalent manual process, to access, obtain, copy or monitor any parts of the properties, or copy or circumvent the navigation structure or presentation of the 1EX services in any way, in order to obtain or attempt to obtain any materials, documents or information in any way not intentionally provided through the 1EX Services; (ii) attempt to access any part or feature of the properties without authorization, or to connect to the 1EX Services or any 1EX servers or any other systems or networks of any 1EX Services provided through the Services, by hacking, guessing passwords, or by any other illegal or prohibited means; (iii) investigate, scan or test vulnerabilities in the 1EX Services or any network connected to the properties, or violate any security or authentication measures in the 1EX Services or any network connected to the 1EX Services; (iv) reverse search, track or attempt to track any information of any other Users or visitors to the 1EX Services; (v) take any action that imposes an unreasonable or disproportionately large load on the infrastructure of systems or networks of the 1EX or 1EX Services, or the infrastructure of any systems or networks connected to the 1EX Services; (vi) use any device, software or common programs to interfere with the normal operation of the 1EX Services or any transactions on the 1EX Services, or any other person's use of the 1EX Services;
By accessing the 1EX Services, you agree that 1EX has the right to investigate any violation of these Terms, determine unilaterally whether you have violated these Terms, and take action in accordance with the relevant rules without your consent or prior notice. Examples of such actions include, but are not limited to:
Blocking and closing of order requests;
Freezing your account;
Report the incident to the authorities;
Publication of alleged violations and measures taken;
Removal of any information you have posted that has been found to be infringing.
2. Trading from cryptocurrency to cryptocurrency
Upon completion of registration and identity verification for your 1EX Account, you may trade cryptocurrencies on 1EX in accordance with the provisions of these Terms and the 1EX Platform Rules.
a. Orders
Upon submitting an instruction to use the 1EX Services to trade cryptocurrencies (“Order”), your account will be immediately updated to reflect open Orders and your Orders will be included in the 1EX order book to match the Orders of other users. If one of your Orders matches, in whole or in part, an Order of another user, 1EX will execute the exchange (“Transaction”). Once the Transaction has been executed, your account will be updated to reflect that the Order has been fully executed and closed, or the Order has been partially executed. An order will remain unfinished until it has been fully completed or canceled in accordance with paragraph (b) below. In order to enter into a Transaction, you authorize 1EX to temporarily control the Digital Currencies involved in your Transaction.
b. Cancellation
For Orders initiated through the 1EX Services, you may only cancel them before they are matched with other users' Orders. Once your Order has been matched with another user's Order, you may not modify, revoke or revoke 1EX's authorization to complete the Order. For any partially agreed Order, you may cancel the inconsistent part of the Order, unless such part has been agreed. 1EX reserves the right to refuse any cancellation request related to an Order submitted by you. If there are not enough Digital Currencies in your account to complete an Order, 1EX may cancel the entire Order or execute part of the Order with the number of Digital Currencies you have in your account (in each case, any transaction fees payable by 1EX will be deducted,
c. Fees
You agree to pay 1EX the fees specified 1EX.com. 1EX may, in its sole discretion, update the fees at any time. Any updated fees will apply to any sales or other transactions that occur after the effective date of the updated fees. You authorize 1EX to deduct from your account any applicable fees that you owe in accordance with these Terms.
d. Other types of cryptocurrency trading with cryptocurrency
In addition to trading in cryptocurrencies, which allows users to directly place orders as set out in paragraph (a) above, 1EX may, at its sole discretion, provide technical and platform services for other types of trading in cryptocurrencies in accordance with the separately set forth 1EX Platform Rules.
3. Fiat money trading
Before conducting Fiat trading, you must separately read and agree to the User Agreements with the various 1EX OTC Partner Platforms, and comply with the Legal Statement, Privacy Policy, P2P User Transaction Policy and other specific 1EX Platform Rules related to Fiat Trading, as well as the Rules of Business -the rules of such partners and open an account on such 1EX OTC platforms after completing the registration and identity verification for your 1EX account, if applicable.
a. Fiat payments
If you choose to use fiat money trading, you agree that Algorithmic Systems LLC will work with regulated card acquiring partners to provide such services. Algorithmic Systems LLC is guided by the legislation of the Russian Federation.
Algorithmic Systems LLC is registered in accordance with the applicable laws of the Russian Federation as a virtual currency depository wallet operator and a virtual currency exchange operator. For the avoidance of doubt, please note that Algorithmic Systems LLC is not a licensed financial services provider. Cryptocurrency exchange services and custody services provided by Algorithmic Systems LLC are not regulated by the Bank of the Russian Federation.
4. Futures trading
Unless otherwise specified by 1EX, in order to trade in Futures, you must enter into a separate 1EX Futures Service Agreement with 1EX and open a dedicated Escrow Account upon completion of registration and identity verification for your 1EX Account. You acknowledge and agree that:
a. You fully understand the high risks of futures trading, including, but not limited to, the risk of significant fluctuations in digital assets when trading futures and the risk of exacerbating an unfavorable outcome when using leverage.;
b. You have sufficient investment knowledge and experience, as well as the ability to accept the risks associated with futures trading, and agree to assume all risks associated with investments in futures trading.;
c. Before trading Futures, you have read and understood the entire contents of the 1EX Futures Service Agreement and the relevant 1EX Platform Rules, and have consulted with relevant professionals to make informed decisions about whether and how to terminate Futures Trading in accordance with their advice and your own reasonable judgment.;
d. You agree and authorize 1EX to take various reasonable measures in its sole discretion (including, but not limited to, forced liquidation and forced reduction of positions under certain circumstances) in accordance with the 1EX Futures Service Agreement and the relevant 1EX Platform Rules to protect the legitimate interests of you, 1EX and other Users.
5. Margin trading
Unless otherwise directed by 1EX, prior to conducting Margin Trading, you must open a dedicated Collateral Account and/or complete other related procedures after completing registration and identity verification for your 1EX Account.
a. Risks of Margin Trading
Trading on margin is very risky. As a leveraged trader, you acknowledge and agree that you access and use the margin trading and borrowing services at your own risk, which include, but are not limited to:
Liquidity, market depth and trading market dynamics are highly fluctuating and changing rapidly. The use of leverage may or may not be beneficial to you, resulting in significant gains or losses, depending on the circumstances.
You are not eligible to receive forked currencies split into any blockchain assets in your Collateral Account, even if you were not Margin Trading or Borrowing at all.
Loans are risky and the value of your blockchain assets may decrease. If the value of your assets drops to a certain level, you are responsible for coping with these market conditions.
In some market situations, it may be difficult or impossible for you to liquidate a position. This can happen, for example, as a result of insufficient market liquidity or technical problems on 1EX.
Placing conditional orders does not necessarily limit your losses to the expected amount, as market conditions may prevent you from executing such orders.
Margin trading does not have guaranteed loss protection measures. As a borrower, you may incur losses in excess of the amount you have deposited into your Collateral Account.
b. Start Margin Trading:
You represent and warrant that you are not on any list of trade embargoes or economic sanctions.
You must fully understand the risks associated with Margin Trading and Lending and be fully responsible for all trading and non-trading activities within your 1EX Account and Collateral Account. You must not engage in transactions or invest funds that are beyond your financial capacity;
You are solely responsible for knowing the true status of any position, even if 1EX may misrepresent it at any time;
You agree to hold a sufficient amount of Digital Assets in your Collateral Account as required by 1EX for users to participate in Margin Trading and repay your loan in full on time. Failure to retain sufficient assets or repay an outstanding loan on time may result in the forced liquidation of assets in your Collateral Account;
Even though 1EX has the ability to force liquidate any position, it cannot guarantee a stop loss. If your assets are insufficient to repay the outstanding loan after your position is liquidated, you remain liable for any further shortage of assets;
1EX may take steps, in its sole discretion and on your behalf, to mitigate your potential losses, including, but not limited to, transferring assets from your Collateral Account to your 1EX Account and/or vice versa;
During the maintenance of the 1EX system, you agree to be solely responsible for the management of your Collateral Account under risk, including, but not limited to, closing positions and repaying your loan.
You agree to conduct all Transactions, Margin Trading and/or Borrowings yourself and be solely responsible for your actions. 1EX shall not be liable for any loss or damage caused by your use of any 1EX Services or your ignorance of the risks associated with your use of the Digital Assets or your use of the 1EX Services.
6. 1EX Convert
a. After completing the registration and identity verification for your 1EX account, you will be able to use the 1EX Convert services, which allow Users to buy and sell digital assets. Users may submit a request to 1EX to convert one Digital Asset to another Digital Asset, which 1EX may, in its sole discretion, accept or reject.
b. To convert between a supported Digital Asset trading pair, Users may place a market order specifying the type and amount of the Digital Asset to be converted (“Convert Market Order”) or a limit order specifying the type and amount of the Digital Asset to be converted, the price and expiration date of the limit order (“Convert Market Order”). limit order).
c. If the User places a Market Order for a Conversion, 1EX may provide an optional conversion quote (“Conversion Quote”), which the User may accept or reject within such time period as 1EX may specify in its sole discretion. The User is responsible for checking the competitiveness of the price and deciding whether to accept the Conversion Offer or not within the specified time. User's acceptance of a Conversion Offer (“User Request to Trade”) authorizes 1EX to temporarily freeze the User's Digital Assets to be converted until the conversion is completed.
d. 1EX may either accept or reject a User's Trade Request at its sole discretion, depending on market conditions and other factors at the relevant time.
e. If 1EX accepts a User Request to trade, 1EX will guarantee the price (regardless of price movement) as well as the amount it provides to the User and settle the Digital Assets accordingly. In most cases, the calculation will be completed within 10 seconds. But sometimes the settlement process can take several hours or even longer, depending on various factors, including market conditions, technical issues, etc. During the settlement process, the User cannot cancel the conversion or transfer, withdraw or exchange the Digital Asset being processed. 1EX shall not be liable for potential losses or opportunity costs due to any change in the price of a Digital Asset processed during this billing period.
f. With regard to Limit Orders for Conversion, 1EX does not guarantee the execution of a limit order even if the market price reaches or crosses the limit price set by the User, as orders are executed depending on market conditions and liquidity. 1EX shall not be liable for any potential losses or opportunity costs due to the failure to execute limit orders in such an event.
g. Users are advised to conduct independent research on various digital assets before using 1EX Convert services. Users are solely responsible for any profit or loss associated with their use of the 1EX Convert Services.
IV. Commitments
1. Disclaimer of Warranties
To the maximum extent permitted by the applicable law, 1EX, 1EX materials and any products, services or other goods provided 1EX or on behalf of 1EX are offered on the conditions “as is” and “as is available”, and 1EX directly refuses, and you refuse FROM ANY OTHER WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, OR NON-INFRINGEMENT, OR WARRANTIES ARISING FROM PERFORMANCE, OR USE. WITHOUT LIMITING THE FOREGOING, 1EX DOES NOT REPRESENT OR WARRANT THAT THE SITE, 1EX SERVICES, OR 1EX MATERIALS ARE ACCURATE, COMPLETE, RELIABLE, CURRENT, ERROR-FREE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. 1EX DOES NOT GUARANTEE THAT ANY ORDER WILL BE FULFILLED, ACCEPTED, REGISTERED OR REMAIN OPEN. With the exception of obvious statements, agreements and rules set forth in these conditions, you recognize and agree that you have not relyed on any other statements or agreements, whether it is written or oral, with regard to your use and access to 1EX. WITHOUT LIMITING THE FOREGOING, YOU HEREBY UNDERSTAND AND AGREE THAT 1EX SHALL NOT BE LIABLE FOR ANY LOSS OR DAMAGE ARISING OUT OF OR RELATED TO: ERROR OR DELAY IN THE TRANSMISSION OF SUCH DATA, (B) INTERRUPTION OF ANY SUCH DATA, (D) REGULAR OR UNSCHEDULED MAINTENANCE PERFORMED BY 1EX, AS WELL AS INTERRUPTION OF SERVICE AND CHANGES CAUSED BY SUCH MAINTENANCE, (D) AS A RESULT OF AN ACTION, INACTION, OR BREACH OF THESE TERMS BY OTHER USERS, (F) ANY DAMAGE CAUSED BY OTHER THIRD PARTIES' ILLEGAL ACTION OR ACTION WITHOUT THE PERMISSION OF 1EX; AND (G) OTHER EXCLUSIONS MENTIONED IN THE DISCLAIMER AND PLATFORM RULES ISSUED BY 1EX.
THE DISCLAIMER OF IMPLIED WARRANTIES CONTAINED IN THIS DOCUMENT MAY NOT APPLY IF AND TO THE EXTENT PERMITTED BY APPLICABLE LAW IN THE JURISDICTION IN WHICH YOU RESIDE.
2. Damage Disclaimer and Limitation of Liability
EVEN IF 1EX HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, EXCEPT TO THE FINAL JUDGMENT THAT SUCH DAMAGES HAVE BEEN THE RESULT OF 1EX'S GROSS NEGLIGENCE, FRAUD, INTENTIONAL MISCONDUCT, OR WILLfulness. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.
Despite the above, in no case liability of 1EX, its affiliated persons and their relevant shareholders, members, directors, officials, employees, lawyers, agents, representatives, suppliers or contractors arising from the services offered 1EX and its affiliated persons or from or from Their name, in no case will be associated with the implementation or non -performance of 1EX service or any other product, service or other product, whether in accordance with the contract, law, strict responsibility or other theory, exceeds the amount of the fees paid by you 1EX in accordance WITH THESE TERMS AND CONDITIONS DURING THE TWELVE MONTH PERIOD IMMEDIATELY PRIOR TO THE EVENT THAT GIVEN THE LIABILITY CLAIM.
3. Indemnification
You agree to indemnify and hold harmless 1EX Operators, their affiliates, contractors, licensors and their respective directors, officers, employees and agents from and against any and all claims, actions, proceedings, investigations, demands, suits, expenses, costs and damages (including attorneys' fees, fines or penalties imposed by any regulatory body) arising out of or related to (i) your use of or conduct in connection with the 1EX Services, (ii) your violation or our compliance with these Terms, or (iii) your violation of any applicable law, regulation acts, or the rights of any third party during your use of the 1EX Services. If you are liable to indemnify the 1EX Operators, their affiliates, contractors, licensors and their respective directors, officers,
V. Announcements
Please be aware that all official announcements, news, promotions, contests and sales will be listed on www.1EX.com. USERS SHALL MONITOR THESE MATERIALS REGULARLY AND PROMPTLY. 1EX WILL NOT BE LIABLE OR ANY COMPENSATION IF USERS SUFFER PERSONAL DAMAGES ARISING FROM IGNORANCE OR NEGLIGENCE WITH RESPECT TO THE ADVERTISEMENTS.
VI. Termination of the Agreement
1. Suspension of 1EX accounts
You agree that 1EX has the right to immediately suspend your 1EX account (and any accounts owned by related entities or affiliates), freeze or freeze Digital Assets or funds on all such accounts, and suspend your access to 1EX for any reason, including if 1EX suspects that any such accounts violate these Terms, our Privacy Policy, or any applicable laws and regulations. You agree that 1EX shall not be liable to you for any permanent or temporary changes to your 1EX Account or any suspension or termination of your access to all or any part of the 1EX Services. 1EX reserves the right to store and use transaction data or other information associated with such 1EX accounts. The above User Account Control can also be applied in the following cases:
- The 1EX account is the subject of a government proceeding, criminal investigation, or other pending legal proceeding;
- We are detecting unusual activity on the 1EX account;
- We detect unauthorized access to the 1EX account;
- We are required to do so by court order or by order of a regulatory/government body.
2. Cancellation of 1EX accounts
In the event of any of the following events, 1EX will have the right to directly terminate these Terms by terminating your 1EX Account and will have the right, but not the obligation, to permanently freeze (cancel) the authorizations of your 1EX Account to 1EX and revoke the corresponding 1EX Account:
- after 1EX stops providing services to you;
- you allegedly register or register in the name of any other person as a 1EX user again, directly or indirectly;
- the information you provide is false, inaccurate, out of date or incomplete;
- when these Terms are amended, you declare your unwillingness to accept the amended Terms by applying to terminate your 1EX Account or by other means;
- you request termination of 1EX services;
- and any other circumstances in which 1EX deems it necessary to terminate the provision of 1EX Services.
If your 1EX account is terminated, the account and transaction information that complies with data retention standards will be stored securely for 5 years. In addition, if a transaction is not completed during the account closing process, 1EX will have the right to notify your counterparty of the situation at that time. You acknowledge that user-initiated account logout (right to deletion under the GDPR or other equivalent rules) will also be subject to the termination protocol above.
If 1EX is informed that any digital assets or funds held in your 1EX Account have been stolen or otherwise do not legally belong to you, 1EX may, but is not obligated to, place an administrative lien on the affected funds and your 1EX Account . If 1EX places an administrative hold on some or all of your funds or 1EX Account, 1EX may continue to hold such hold until the dispute is resolved and evidence of a decision acceptable to 1EX is provided to 1EX in a form acceptable to 1EX. 1EX will not be involved in any such dispute or dispute resolution. You agree that 1EX will not be liable in any way for any such hold or for your failure to withdraw Digital Assets or funds or complete transactions during the period of any such hold.
3. Remaining Funds After Closing 1EX Account
Except as noted in paragraph 4 below, upon closing/withdrawal of funds from the 1EX account, the entire remaining balance of the account (which includes payments and liabilities due to 1EX) will be immediately paid to 1EX. Upon payment of all outstanding 1EX fees (if any), Users will have 5 business days to withdraw all digital assets or funds from the account.
4. Remaining Funds After Closing 1EX Account Due to Fraud, Violation of Law or Violation of These Terms
1EX provides full custody of Digital Assets, funds, and User Data/Information that may be shared with government authorities in the event of suspension/closure of 1EX accounts as a result of fraud investigations, law violation investigations, or violation of these Terms.
5. Inactive Accounts
Notwithstanding any provision of this Section VI, 1EX may provide written notice requiring you to close all of your open positions and withdraw all of your digital assets from your 1EX account within 30 days of notice. In the event that you fail to do so, 1EX may, in its absolute discretion and without prior notice to you:
(a) treat your 1EX account as an inactive account;
(b) close any open positions in any 1EX products;
(c) convert Digital Assets to another type of Digital Asset (for example, from BTC to BUSD). For the avoidance of doubt, none of the 1EX Operators shall be liable for any loss of profits, tax liability or any other loss, damage or expense incurred by you as a result of such conversion;
(d) transfer such dormant account (including any digital assets contained therein) to an affiliate of the 1EX Operators, any third party custodian or isolated wallet as 1EX deems reasonably necessary. In the event that such a transfer occurs, you are entitled to return your digital assets, subject to fulfilling the 1EX verification requirements, including passing KYC;
(e) charge a dormant account fee to cover the cost of maintaining assets by 1EX Operators, its affiliates or any third party, and such fee must be charged directly to the dormant account on a monthly basis; and
(f) close an inactive account at any time and 1EX will not be liable for any loss, damage or expense incurred by you as a result of closing an inactive account, unless 1EX has committed fraud or willful default. Any assets in these dormant accounts will be transferred in accordance with paragraph 5(d) above. Once an inactive account is closed, you will not be able to re-activate it (i.e. you will need to register a new 1EX account if you wish to continue using 1EX services).
VII. No Financial Advice
1EX is not your broker, intermediary, agent or advisor and has no fiduciary relationship or obligation to you in connection with any transactions or other decisions or actions you make using the 1EX Services. No communication or information provided to you by 1EX is intended to be, and should not be construed or construed as, investment advice, financial advice, trading advice, or advice of any kind. Unless otherwise stated in these Terms, all trades are executed automatically, based on the parameters of your order instructions and in accordance with published trade execution procedures, and you are solely responsible for determining whether any investment is suitable for you, investment strategy or related transaction in accordance with your personal investment objectives, financial circumstances and risk tolerance, and you are solely responsible for any loss or liability related thereto. You should consult with lawyers or tax professionals regarding your particular situation. 1EX does not recommend that you buy, earn, sell or hold any digital assets. Before making a decision to buy, sell or own any digital asset, you should do your own due diligence and consult with your financial advisors before making any investment decision. 1EX is not responsible for the decisions you make about the purchase,
viii. Compliance with local laws
Users are responsible for complying with local laws regarding the lawful use of the 1EX Services in their local jurisdiction, as well as other laws and regulations applicable to Users. Users must also consider, within their local laws, all aspects of taxation, withholding, collection, reporting and transfer to the appropriate tax authorities. ALL USERS OF THE 1EX SERVICES ACKNOWLEDGE AND REPRESENT THAT THEIR FUNDS ARE FROM LEGAL SOURCES AND ARE NOT THE RESULT OF ILLEGAL ACTIVITIES; USERS AGREE THAT 1EX WILL REQUIRE THEM TO PROVIDE OR OTHERWISE COLLECT NECESSARY INFORMATION AND MATERIALS IN ACCORDANCE WITH APPLICABLE LAWS OR GOVERNMENT REGULATIONS TO VERIFY THE LEGALITY OF THE SOURCES AND THEIR USE.
IX. Privacy Policy
Access to 1EX services will require the provision of certain personal information. Please see the 1EX Privacy Policy at 1EX.com for a summary of 1EX's guidelines regarding the collection and use of personally identifiable information.
X. Dispute Resolution: Forum, Arbitration, Class Action Waiver
PLEASE READ THIS SECTION CAREFULLY AS IT SUPPLIES A WAIVER OF CERTAIN RIGHTS TO BRING LEGAL PROCEEDINGS, INCLUDING AS A CLASS ACTION.
1. Deadline for Notice of Claims and Resolution of Disputes. Please contact 1EX first! 1EX wants to resolve your issues without resorting to formal litigation whenever possible. If you have a dispute with 1EX, you should contact 1EX and a ticket number will be assigned to you. 1EX will try to resolve your dispute internally as soon as possible. The parties agree to negotiate in good faith to resolve the dispute (discussions of which must be kept confidential and subject to applicable rules protecting settlement discussions from being used as evidence in any litigation).
In the event that the dispute cannot be satisfactorily resolved and you wish to bring legal action against 1EX, you agree to set out the cause of such action in writing in the Notice of Claims as 1EX's prior notice form. The Claim Notice must (1) describe the nature and basis of the claim or dispute, (2) indicate the specific assistance requested, (3) indicate the original ticket number, and (4) include your 1EX account email address. Notice of claim must be sent to the email address or hyperlink provided in your correspondence with 1EX. Once you have provided 1EX with a Notice of Claim, the dispute referred to in the Notice of Claim may be submitted either by 1EX or by you to arbitration in accordance with paragraph 2 of this section below. For the avoidance of doubt, Submitting the dispute to 1EX for internal resolution and filing a Notice of Claim with 1EX are preconditions for the initiation of arbitration (or any other litigation). During arbitration, the amount of any settlement offer made by you or 1EX shall not be disclosed to the arbitrator.
2. Arbitration Agreement and Governing Law. You and the 1EX Operators agree that, subject to paragraph 1 above, any dispute, claim or controversy between you and 1EX (and/or the 1EX Operators) arising out of or in any way related to these Terms or your relationship with 1EX (and/or the 1EX Operators) as a user of the 1EX Service (whether based in contract, tort, statute, fraud, misrepresentation or any other legal theory, or whether claims arise during or after the termination of these of the Terms) will be determined by binding final and binding individual (not collective) arbitration, except as set forth below in the Exceptions to the Arbitration Agreement section. You and the 1EX Operators also agree that that the arbitrator shall have the exclusive right to determine its own jurisdiction, including, without limitation, any objection to the existence, scope or validity of the Arbitration Agreement or the possibility of arbitration of any claim or counterclaim. Arbitration is more informal than litigation. THERE IS NO JUDGE OR JURY IN THE ARBITRATION, AND REVIEW OF THE ARBITRATION AWARD BY THE COURT IS LIMITED. There may be more limited disclosure than in court. The arbitrator must follow this agreement and may award the same damages and damages as a court (including, if applicable, attorneys' fees), except that the arbitrator may not award declaratory or injunctive relief to anyone other than the parties to the arbitration. The arbitration provisions set forth in this Section survive the termination of these Terms. Arbitration Rules. The arbitration shall be governed by the Arbitration Rules in force at the time the Notice of Arbitration is filed, as amended pursuant to this Section X. Unless otherwise agreed by the parties, only one arbitrator shall be appointed in accordance with the Rules of the Arbitration Court. Any arbitration will be conducted in the language of 1EX's choice. Regardless of the manner in which the arbitration is conducted, the arbitrator must issue a reasoned written award sufficient to explain the material findings and conclusions on which the award and the award, if any, are based. ANY ARBITRATION AWARD MAY BE AWARDED IN ANY COURT HAVE JURISDICTION OVER THE PARTY (OR ASSETS OF THE PARTY) THAT IS SUCH ASSESSED. Application submission time: Any arbitration against operators 1EX should be started by submitting a request for arbitration within one (1) year after the date, when the party that claims the claim will first find out or reasonably know about the action, inaction or non -fulfillment of obligations that served as the basis FOR SUIT; AND THERE SHOULD NOT BE ANY RIGHT TO ANY REMEDY FOR ANY CLAIM NOT MADE WITHIN THIS PERIOD OF TIME. THIS ONE-YEAR LIMITATION INCLUDES THE DOMESTIC DISPUTES RESOLUTION PROCEDURE SET FORTH IN PARAGRAPH 1 OF THIS SECTION ABOVE. THERE SHOULD NOT BE ANY RIGHT TO ANY REMEDY FOR ANY CLAIM, NOT DECLARED DURING THIS TIME PERIOD. If applicable law prohibits a one-year statute of limitations for filing claims, any claim must be brought within the shortest period of time permitted by applicable law. Process; Notice: A party that intends to seek arbitration after the expiration of the Dispute Resolution Period in paragraph 1 above must file a request with an arbitral tribunal in accordance with the Arbitration Rules. If we request arbitration against you, we will send you a notice to the email address or postal address you provided. You agree that any notice sent to this email or postal address shall be deemed valid for all purposes, including, but not limited to, determining the adequacy of the service. It is your responsibility to ensure that the email address and/or postal address provided in the 1EX file is up-to-date and accurate. Place of Arbitration: 1EX shall choose the place of arbitration. Place of Hearing: The place of any in-person arbitration hearing shall be the place chosen by 1EX, unless otherwise agreed by the parties. Governing Law: These Terms (including this arbitration agreement) shall be governed by and construed in accordance with the laws of the country where the arbitration takes place. Confidentiality. The parties agree that the arbitration shall be kept confidential. The existence of the arbitration, any non-public information provided in the course of the arbitration, and any representation, order or decision made in the course of the arbitration (together the “Confidential Information”) shall not be disclosed to anyone, non-party, with the exception of the arbitral tribunal itself and its representatives (signatories of the relevant documents), the parties, their lawyers, experts, witnesses, accountants and auditors, insurers and reinsurers, as well as any other person necessary for the arbitration. Notwithstanding the foregoing, a party may disclose Confidential Information to the extent such disclosure may be necessary to comply with legal obligations, defend or exercise legal rights, or enforce or challenge an arbitration award in good faith. This privacy statement will survive the termination of these Terms and any arbitration under these Terms. with the exception of the arbitral tribunal itself and its representatives (who signed the relevant documents), the parties, their lawyers, experts, witnesses, accountants and auditors, insurers and reinsurers, as well as any other person necessary for the arbitration proceedings. Notwithstanding the foregoing, a party may disclose Confidential Information to the extent such disclosure may be necessary to comply with legal obligations, defend or exercise legal rights, or enforce or challenge an arbitration award in good faith. This privacy statement will survive the termination of these Terms and any arbitration under these Terms. with the exception of the arbitral tribunal itself and its representatives (who signed the relevant documents), the parties, their lawyers, experts, witnesses, accountants and auditors, insurers and reinsurers, as well as any other person necessary for the arbitration proceedings. Notwithstanding the foregoing, a party may disclose Confidential Information to the extent such disclosure may be necessary to comply with legal obligations, defend or exercise legal rights, or enforce or challenge an arbitration award in good faith. This privacy statement will survive the termination of these Terms and any arbitration under these Terms.
3. Waiver of class action. You and 1EX agree that any claims relating to these Terms or your relationship with 1EX as a user of the 1EX Services (whether based in contract, tort, statute, fraud, misrepresentation or any other legal theory , and regardless of whether claims arise during or after the termination of these Terms) must be brought. against the other party in arbitration on an individual basis only, and not as a claimant or a member of a group in an alleged class or representative action. You and 1EX also agree to waive any right to bring, hear or arbitrate such claims as a class action, collective, representative or private action of the Attorney General to the extent, permitted by applicable law. Consolidation or consolidation of separate arbitrations into a single arbitration is not permitted without the consent of all parties, including 1EX.
4. Changes. 1EX reserves the right to update, modify, revise, suspend or make any future changes to Section X relating to the Parties' Arbitration Agreement in accordance with applicable law. You hereby agree and agree that it is your responsibility to ensure that your understanding of this Section is up to date. Subject to applicable law, your continued use of your 1EX Account will be deemed your acceptance of any changes to Section X relating to the Parties' Agreement to Arbitrate. You agree that if you object to changes to Section X, 1EX may block access to your account until your account is closed.
5. Possibility of separation. If any part of these Terms is held invalid or unenforceable for any reason or to any extent, the remainder of these Terms will remain valid and enforceable, and the invalid or unenforceable portion will be enforced on to the maximum extent permitted by law. pending the closure of your account.
XI. Miscellaneous
1. Independent Parties. 1EX is an independent contractor, but not your agent, under these Terms. These Terms shall not be construed as facts or evidence of an association, joint venture, partnership or franchise between the parties.
2. Entire Agreement. These Terms constitute the entire agreement between the parties regarding the use of the 1EX Services and supersede all prior written or oral agreements between the parties. No use of trade or other customary practice or method of doing business between the parties will be used to modify, interpret, supplement or modify the terms of this agreement.
3. Interpretation and revision. 1EX reserves the right to change, revise, modify and/or change these Terms at any time. All changes will be effective immediately upon posting on the 1EX websites. You are responsible for regularly checking the relevant pages on our websites and applications to confirm the latest version of these Terms. If you do not agree to any such changes, your sole remedy is to stop using the 1EX Services and cancel your account. You agree that, unless expressly provided otherwise in these Terms, 1EX shall not be liable for any modification or termination of the 1EX Services by you or any third party, or any suspension or termination of your access to the 1EX Services.
4. Language and Translations: These Terms may, at 1EX's sole and absolute discretion, be translated into a language other than English. You agree that any such translation is for your convenience only and the English text shall prevail in the event of any ambiguity, inconsistency or omission between the English text and any translated text.
5. Force majeure. 1EX shall not be liable for any delay or failure to comply with the requirements of these Terms for any reason or circumstances beyond the reasonable control of 1EX.
6. Possibility of separation. If any part of these Terms is held to be invalid or unenforceable, such invalidity or enforceability will not affect the other provisions of these Terms, which will remain in full force and effect, and the invalid or unenforceable portion will be enforced to the maximum extent possible.
7. Appointment. You may not assign or transfer any rights to use the 1EX Services or any of your rights or obligations under these Terms without the prior written consent of 1EX, including any rights or obligations related to the enforcement of laws or change of control. 1EX may assign or transfer any or all of its rights or obligations under these Terms, in whole or in part, without prior notice or obtaining your consent or approval
8. Disclaimer. The failure of one party to enforce any provision will not affect that party's right to enforce at any time thereafter. However, the waiver by one party of claiming damages for the other party's breach of these Terms or any provision of the applicable terms shall not constitute a waiver by that party of any subsequent breach or breach by the other party or the provision itself.
9. Third Party Website Disclaimer. Any links to third party websites do not imply 1EX's endorsement or disclaimer of any product, service, information or liability contained therein, and 1EX does not warrant the accuracy of the information contained therein. If you incur losses as a result of using such third party product and service, 1EX shall not be liable for such losses. In addition, since 1EX has no control over the terms of use or privacy policies of third party websites, you should carefully read and understand these policies.