Welcome to afrocoinworldwide.com

Transcription

1 Welcome to afrocoinworldwide.com afrocoinworldwide.com is a platform service enabling its users to exchange their local currency to the Afrocoin cryptocurrency and vice versa by way of trades carried out between users. The service allows users to set up trades by posting advertisements where they state the exchange rate, payment method(s) and other terms for buying or selling Afrocoins. It is important to us that you, and our other users, have the best possible time while using our site and services, and that when you use this site you are fully aware of your respective legal rights and obligations. For that reason, we have created these Terms Service as the legally binding terms to govern your use of this site and our services. Please read these Terms of Service carefully before using the site because they affect your legal rights and obligations. These Terms of Service ("Agreement") form a legal agreement covering the provision of afrocoinworldwide.com services ("service" or "services") by afrocoinworldwide Oy ("afrocoinworldwide.com" or "afrocoinworldwide" or "us" or "our" or "we") to you as an individual ("you" or "your"). Your use of the services will be governed by this Agreement, along with the afrocoinworldwide.com Privacy Policy. Please read this Agreement carefully before using afrocoinworldwide.com. By using the services, you agree to become bound by the terms and conditions of this Agreement. Acceptance and Change of Terms If you do not agree with any of these Terms of Service please do not use this site. By using this site or our services you will be deemed to have irrevocably agreed to these terms and conditions. Please note that these Terms of Service may be revised and reissued without notice at any time. You should visit this page regularly, and before engaging in any trades in particular, to review the current Terms of Service, since your continued use of the site will be deemed as an irrevocable acceptance of any revisions. Notwithstanding the above, we will strive to notify you of any changes to these Terms of Service which significantly affect your rights and obligations. Such notices will be sent to the address you have provided us through your account settings, and it is your responsibility to keep your contact information up to date. Allowed jurisdictions Services provided by afrocoinworldwide might not be legally allowed in certain jurisdictions. By accepting these terms and conditions you confirm that you are not a resident of a such jurisdiction, including, but not limited to the Federal Republic of Germany as well as the States of New York and Washington in the United States of America. Registration and User Account To use our services, or to access this site or some of the resources it has to offer, you may be asked to provide registration details in order to register a user account

2 ("account"). It is a condition of use of this site and our services that all the details you provide are correct, current, and complete. If we believe the details are not correct, current, or complete, we have the right to refuse you access to the site, or any of its resources, and to terminate or suspend your account. You may only act on your own behalf. Your account may not be used to act as an intermediary or broker for any person or entity. You may only use your own account to trade at afrocoinworldwide.com and you may only use one user account at a time for trading. You are responsible for maintaining adequate security and control of any and all IDs, passwords, personal identification numbers (PINs), or any other codes or credentials that you use to access the services. You are not allowed to sell, borrow, share or otherwise make available your account or any detail necessary to access your account to people or entities other than yourself. Your account must not contain misleading or fraudulent information, including, but not limited to having a non-personal phone number, creating fake reputation information for your account, faking your country of origin or providing fraudulent identification documents. We may at any time require you to complete our ID verification process and may also require you to submit additional identification documents to us if we deem it necessary. Failing to complete ID verification will be considered a violation of this Agreement. Services Through afrocoinworldwide.com service and other services provided by afrocoinworldwide.com and its affiliates, members may post deal information, access to the pricing and dealing information of a deal and carry out the deal, participate in activities organized by afrocoinworldwide.com and enjoy other information services and technical services. If you have any dispute with other members arising from any transaction on afrocoinworldwide.com, once such dispute is submitted by one or both of you and the other member to afrocoinworldwide.com for dispute resolution, afrocoinworldwide.com shall have the right to make decision at its sole discretion. You hereby acknowledge and accept the discretion and decision of afrocoinworldwide.com. You acknowledge and agree that, afrocoinworldwide.com may, on requests from governmental authorities (including judicial and administrative departments), provide user information provided by you to afrocoinworldwide.com, transaction records and any other necessary information. If you allegedly infringe upon any others intellectual rights or other legitimate interests, afrocoinworldwide.com may provide the necessary ID information of you to the interest holder if afrocoinworldwide.com preliminarily decides that the infringement exists. All the applicable taxes and all the expenses in relation to hardware, software, service and etc. arising during your use of the afrocoinworldwide.com Service shall be solely borne by you. By using this service you accept that all trade executions are final and irreversible. By using this service you accept that afrocoinworldwide.com

3 reserves the right to liquidate any trades at any time regardless of the profit or loss position. User s Guide to afrocoinworldwide.com You hereby promise to observe the following covenants during your use of afrocoinworldwide.com Service on afrocoinworldwide.com: All the activities that you carry out during the use of afrocoinworldwide.com Service will be in compliance with the requirements of laws, regulations, regulatory documents and various rules of afrocoinworldwide.com, will not be in violation of public interests, public ethnics or others legitimate interests, will not constitute evasion of payable taxes or fees and will not violate this agreement or relevant rules. If you violate the foregoing promises and thereby cause any legal consequence, you shall independently undertake all of the legal liabilities in your own name and hold afrocoinworldwide.com harmless from any loss resulted from such violation. During any transaction with other members, you will be in good faith, will not take any acts of unfair competition, will not disturb the normal order of online transactions, and will not engage in any acts unrelated to online transactions. You will not use any data on afrocoinworldwide.com for commercial purposes, including but not limited to using any data displayed on afrocoinworldwide.com through copy, dissemination or any other means without prior written consent of afrocoinworldwide.com. You will not use any device, software or subroutine to intervene or attempt to intervene the normal operation of afrocoinworldwide.com or any ongoing transaction or activities on afrocoinworldwide.com. You will not adopt any action that will induce unreasonable size of data loading on the network equipment of afrocoinworldwide.com. You acknowledge and agree: afrocoinworldwide.com shall have the right to unilaterally determine whether you have violated any of the covenants above and, according to such unilateral determination, apply relevant rules and take actions thereunder or terminate services to you, without your consent or prior notice to you. As required to maintain the order and security of transactions on afrocoinworldwide.com, afrocoinworldwide.com shall have the right to close relevant orders and take other actions in case of any malicious sale or purchase or any other events disturbing the normal order of transaction of the market. If your violation or infringement has been held by any effective legal documents issued by judicial or administrative authorities, or afrocoinworldwide.com determines at its sole discretion that it is likely that you have violated the terms of this agreement or the rules or the laws and regulations, afrocoinworldwide.com shall have the right to publish on afrocoinworldwide.com such alleged violations and the actions that having been taken against you by afrocoinworldwide.com. As to any information you may have published on afrocoinworldwide.com that allegedly violates or infringes upon the law, others legitimate interests or this agreement or the rules, afrocoinworldwide.com shall have the right to delete such information without any notice to you and impose punishments according to the rules. As to any act you may have carried out on afrocoinworldwide.com, including those you have not carried out on afrocoinworldwide.com but have had impacts on afrocoinworldwide.com and its users, afrocoinworldwide.com shall have the right to unilaterally determine its nature and whether it constitutes violation of this agreement or any rules, and impose

4 punishments accordingly. You shall keep all the evidence related to your acts on your own and shall undertake all the adverse consequences resulted from your failure to discharge your burden of proof. If your alleged violation to your promises causes any losses to any third party, you shall solely undertake all the legal liabilities in your own name and hold afrocoinworldwide.com harmless from any loss or extra expenses. If, due to any alleged violation by you to the laws or this agreement, afrocoinworldwide.com incurs any losses, is claimed by any third party for compensation or suffers any punishment imposed by any administrative authorities, you shall indemnify afrocoinworldwide.com against any losses and expense caused thereby, including reasonable attorney s fee. Scope and Limitation of Liability afrocoinworldwide.com will provide afrocoinworldwide.com service s at an as is and commercially available condition. afrocoinworldwide.com disclaims any express or implied warranty with regards to afrocoinworldwide.com Service, however, including but not limited to applicability, free from error or omission, continuity, accuracy, reliability or fitness for a particular purpose. Meanwhile, afrocoinworldwide.com disclaims any promise or warranty with regards to the effectiveness, accuracy, correctness, reliability, quality, stability, completeness and timeliness of the technology and information involved by afrocoinworldwide.com Service. You are fully aware that the information on afrocoinworldwide.com is published by users on their own and may contain risks and defects. afrocoinworldwide.com serves merely as a venue of transactions. afrocoinworldwide.com serves merely as a venue where you acquire coin related information, search for counter-parties of transactions and negotiate and conduct transactions, but afrocoinworldwide.com cannot control the quality, security or legality of the coin involved in any transaction, truthfulness or accuracy of the transaction information, or capacity of the parties to any transaction to perform its obligations under the transaction documents. You shall cautiously make judgment on your own on the truthfulness, legality and effectiveness of the coin and information in question, and undertake any liabilities and losses that may be caused thereby. Unless expressly required by laws and regulations or any of the following circumstances occurs, afrocoinworldwide.com shall not have any duty to conduct preliminary review on information data, transaction activity and any other transaction related issues of all users: afrocoinworldwide.com has reasonable cause to suspect that a particular member and a particular transaction may materially violate the law or agreement. afrocoinworldwide.com has reasonable cause to suspect that the activities conducted on afrocoinworldwide.com by a member may be illegal or improper. You acknowledge and agree, afrocoinworldwide.com shall not be liable for any of your losses caused by any of the following events, including but not limited to losses of profits, goodwill, usage or data or any other intangible losses (regardless whether afrocoinworldwide.com has been advised of the possibility of such losses): use or failure to use afrocoinworldwide.com Service. unauthorized use of your account or unauthorized alternation of your data by any third parties. expenses and losses incurred from purchase or acquisition of any data or information or engagement in

5 transaction through afrocoinworldwide.com Service, or any alternatives of the same. your misunderstanding on afrocoinworldwide.com Service. any other losses related to afrocoinworldwide.com Service which are not attributable to afrocoinworldwide.com. In no event shall afrocoinworldwide.com be liable for any failure or delay of service resulted from regular equipment maintenance of the information network, connection error of information network, error of computers, communication or other systems, power failure, strike, labor disputes, riots, revolutions, chaos, insufficiency of production or materials, fire, flood, tornado, blast, war, governmental acts or judicial orders. You agree to indemnify and hold harmless afrocoinworldwide.com, its contractors, and its licensors, and their respective directors, officers, employees and agents from and against any and all claims and expenses, including attorneys fees, arising out of your use of the Website, including but not limited to out of your violation this agreement. Termination of Agreement You hereby agree that, afrocoinworldwide.com shall have the right to terminate all or part of afrocoinworldwide.com Service to you, temporarily freeze or permanently freeze (cancel) the authorizations of your account on afrocoinworldwide.com at afrocoinworldwide.com s sole discretion, without any prior notice, for whatsoever reason, and afrocoinworldwide.com shall not be liable to you; however, afrocoinworldwide.com shall have the right to keep and use the transaction data, records and other information that is related to such account. In case of any of the following events, afrocoinworldwide.com shall have the right to directly terminate this agreement by canceling your account, and shall have the right to permanently freeze (cancel) the authorizations of your account on afrocoinworldwide.com and withdraw the corresponding afrocoinworldwide.com account thereof: after afrocoinworldwide.com terminates services to you, you allegedly register or register in any other person s name as afrocoinworldwide.com user again, directly or indirectly; the main content of user s information that you have provided is untruthful, inaccurate, outdated or incomplete; when this agreement (including the rules) is amended, you expressly state and notify afrocoinworldwide.com of your unwillingness to accept the amended service agreement; any other circumstances where afrocoinworldwide.com deems it should terminate the services. After the account service is terminated or the authorizations of your account on afrocoinworldwide.com is permanently froze (canceled), afrocoinworldwide.com shall not have any duty to keep or disclose to you any information in your account or forward any information you have not read or sent to you or any third party. You agree that, after the termination of agreement between you and afrocoinworldwide.com, afrocoinworldwide.com shall still have the rights to: keep your user s information and all the transaction information during your use of afrocoinworldwide.com Service. Claim against you according to this agreement if you have violated any laws, this agreement or the rules during your use of afrocoinworldwide.com Service. After afrocoinworldwide.com suspends or

6 terminates afrocoinworldwide.com Service to you, your transaction activities prior to such suspension or termination will be dealt with according to the following principles and you shall will take care of on your own efforts and fully undertake any disputes, losses or extra expenses caused thereby and keep afrocoinworldwide.com harmless from any losses or expenses: afrocoinworldwide.com shall have the right to delete, at the same time of suspension or termination of services, information related to any un-traded coin tokens that you have uploaded to afrocoinworldwide.com prior to the suspension or termination. If you have reached any purchase agreement with any other member prior to the suspension or termination but such agreement has not been actually performed, afrocoinworldwide.com shall have the right to delete information related to such purchase agreement and the coins in question. If you have reached any purchase agreement with any other member prior to the suspension or termination and such agreement has been partially performed, afrocoinworldwide.com may elect not to delete the transaction; provided, however, afrocoinworldwide.com shall have the right to notify your counter-party of the situation at the same time of the suspension or termination. Privacy Policy afrocoinworldwide.com may announce and amend its privacy policy on the platform of afrocoinworldwide.com from time to time and the privacy policy shall be an integral part of this agreement.