JEX Technology Limited（hereinafter referred to “Company”）is a company registered in Republic Of Seychelles in accordance with pertinent laws of Republic Of Seychelles and its operation website is https://www.JEX.com (hereinafter referred to as "The website" or "Website") which is a platform specially providing to users for digital assets transaction as well as providing relevant services (hereinafter referred to as" The service" or "Services"). For the convenience of expression herein, the company and the website are called collectively as "We" or as other forms of the first person. Any natural person or other entities who logged in the website shall become the user of this website. For the convenience of expression herein, the user shall be referred to as "You" or as other forms of the second person. For the convenience of expression herein, we and you are referred to collectively as "Parties" and individually "Party".
We hereby remind you particularly:
- Digital assets itself is not issued by any financial institute, Company or the Website ;
- The market for digital assets is brand-new, unconfirmed and possible with no increase;
- The digital assets are used largely by speculators other than retail and commercial market and there is high risk in digital assets transaction, which is traded ongoing whole day, without limit on ups and downs, the price thereof is inclined to fluctuate sharply under the influence of market maker global governmental policies.
- The transaction of digital assets is potential to be suspended or prohibited at any time because of promulgation or amendment of laws, rules, and regulation in every country.
The transaction of digital assets has an extremely high risk and are not suitable for the great majority of persons. Since the investment you know and understand may lead to all or partial losses of your assets, you shall make the decision of investment according to your conditions capable of bearing such losses. Because the digital assets you know and understand may result in derivative risks, you are recommended to seek at first the assistance of financial consultant if you have any questions. Additionally, apart from the above-mentioned risks, there is also the risk of inscrutability. You should consider prudently and evaluate your financial status and the above-mentioned risks with sensible judgment in making any decision of buying and selling digital assets. You shall have considered the assumption of possible all losses and we shall have no responsibilities for it.
Please be advised:
- You acknowledged that this website provides to you a place of acquiring information about digital assets, seeking trader, consulting and making a transaction of digital assets without the participation of your transactions. Therefore, you should judge prudently by yourself the authenticity, validity, and effectiveness of relevant digital assets and /or information and undertake possible liabilities and losses resulted therefrom.
- Any comments, information, discussion, analysis, prices, suggestions and other messages in this website are general comments from the market and shall not constitute any investment suggestion. We shall not be liable to any direct and indirect losses resulted from relying on these information and comments, including but not limited to, any profit losses.
- The content on this website shall be subject to changes at any time without notice and although we have taken proper measures ensuring the precision of the information released from this website, it is impossible to guarantee the extent of the precision and we shall not be liable to any direct or indirect losses due to the messages and information of the website, delay or failure resulted from failing to link with internet, transmission or receiving any notices or information, etc.
- The transaction using transaction system via the internet has risks as well, including but not limited to, the failure of software, hardware, and internet connection and so on. Since the reliability and availability of the internet are beyond our control, we shall not be responsible for the distortion, delay, and failure of links.
- https://www.JEX.com/ shall be the sole official platform of the website for release information to the public.
- No services rendered by the website shall receive the payment by credit card.
- It is forbidden to engage in any illegal transactions such as money laundering, smuggling and commercial bribery and so on, otherwise, the website shall take all feasible measures including, but not limited to, freezing accounts, report to judicial authorities, etc. We shall not be liable to all resultant liabilities and reserve the right of prosecuting to relevant persons.
One. General Provisions
1.1 User Agreement (hereinafter referred to as "this agreement" or "this terms and conditions") is composed of main content, Privacy Terms, Understanding Your Clients and Anti -Money laundering Policies and all other rules declarations and Descriptions issued or to be issued by the website.
1.2 Before using the services rendered by the website, you should read carefully the agreement and consult with professional lawyer for any doubts and questions, if necessary. Please stop using any services rendered by the website and stop logging in the website any more if you disagree with the agreement and /or modification made at any times. The behavior of logging in the website, using any services rendered by the website or other similar behavior indicated that you have read and fully agreed with all contents of this agreement, including any modifications made at any time by the website.
1.3 You may become the member of the website (hereinafter referred to as "member") after filling relevant information as per requirement of the website and completed other procedures for a successful registration. In the course of register in the website, then clicking on "Consent" button indicates you have concluded the agreement with the company by means of electronic signing. Or in the course of using the website, then clicking on "Consent" button or similar button or actual using the services rendered by the website in other manners permitted by the website, all indicated that you have fully understood, agreed with and accepted the restraint of all terms under the agreement and shall be bound legally by the agreement, whether or not having written signature.
1.4 After becoming a member of this website, you will get a member account with the corresponding password, which shall be kept properly by the member itself. As the member, you shall undertake all the legal liabilities to all activities and events made using your account.
1.5 Only after becoming the member of the website, can you make the transaction via the platform of digital assets transaction provided by the website and enjoy the services provided by the website especially for the members. Nonmember can log in the website, browse the website and enjoy the available services as per stipulations of the website only.
1.6 Your Register and using the services and functions provided by the website shall be deemed as that you have read, understood and:
1.6.1 Accepted the restraint of all terms and conditions of the agreement.
1.6.2 Confirmed that you are or over 16 years old, reached the lawful age for signing contract in accordance with different applicable laws, rules and regulations or have sufficient capabilities of accepting these terms, conclude the transaction and conclude the transaction of digital assets via the website.
1.6.3 Guaranteed that your digital assets in the transaction are acquired and possessed legally.
1.6.4 Agreed that you shall be liable to all your own transaction and non-transaction activities, including any gains and losses.
1.6.5 Confirmed that all the information provided for register are true and precise.
1.6.6 Agreed to abide by any applicable laws, for the purpose of taxation, including reporting any profits generated from the transaction.
1.6.7 The agreement only restrains the rights and obligations relationship between you and us other than the legal relationship or legal disputes between the users of the website and you and other websites with respect to digital assets transaction.
Two. Modification of agreement
We shall reserve the right of modifying the agreement from time to time and make an announcement by publicity on the website without separate informing you. The time of modification shall be indicated on the first page of the agreement upon modification and once announced on the website, it shall become effective immediately. You should browse the updating time and updated agreement from time to time and stop using the services rendered by the website immediately if you disagree with relevant modifications. Your continuous using the services rendered by the website shall be deemed as that you have accepted and agreed with the restraint under the modified agreement.
3.1 Qualification of register
Your confirmed and committed: After completion of handling register procedure or actual use of the services rendered by the website in other manners permitted by the website, you should be the natural person, legal person or other organization with the capability of signing the agreement under applicable laws rules and regulation and using the services rendered by website. Your clicking on Consent button on register indicated that you, by yourself or by your authorized agent, have agreed with the agreement, registering and using the services of the website by your agent. If you have not such qualification, you and your authorized agent shall be liable to all consequences resulted therefrom and the company shall reserve the right of cancellation or freezing forever of your accounts and call to an account of you and your agent accordingly.
3.2 Purpose of register
Your confirmed and committed: Your register in the website is not made for the purpose of violation of laws, rules, and regulations or undermine the transaction order of digital assets of the website.
3.3 Procedure of register
3.3.1 You agreed to provide information of valid email and cell phone No. and so on as per requirement of website registration page and you shall be able to log in the website by means of your provided or confirmed email, cell phone No. or other manners permitted by the website. If necessary, according to laws, rules, and regulations of different regions, you must provide your real name, identification card and other relevant information required under laws, rules, and regulations, privacy terms and anti-money laundering rules and update the registration information in compliance with the requirements of timely, details and precision. All the entered original information shall be quoted as the registration information and you should be liable for their truthfulness, completeness, and precision and undertake any direct or indirect losses and negative consequences resulted therefrom.
3.3.2 If it is required under the laws, rules and regulation, decree of sovereign country where you located for real name of the cell phone, you agreed to provide the cell phone No. which is registered in real name, otherwise, you shall undertake by yourself any direct or indirect losses and negative consequences resulted therefrom.
3.3.3 If you provided legal, entire and valid and verified register information, you shall be entitled to acquire the account and password of the website, which shall be deemed as successful register and enable you logging in the website as the member.
3.3.4 You agreed to accept the email and /or short message in the aspects of management and operation of the website sent by the website.
The website provides only the services network transaction platform for digital assets transactions via the website (including, but not limited to, services of digital assets transaction) and shall not involve in the buying and sell digital assets as the buyer or the seller. The websites shall provide no services in relation to depositing and withdrawing of legal currencies of many countries.
4.1.1. You shall be entitled to browse the real-time market and transaction information for various digital assets on the website and place the transaction instruction for concluding the transaction of digital assets through the website.
4.1.2 You shall be entitled to view the information under the account of website member and use the function provided by the website for operation.
4.1.3 You shall be entitled to participate the activities organized by the website as per rules on the activities issued by the website.
4.1.4 The other services which the website committed to providing.
4.2 Rules on services
You undertake to abide by following rules of websites on services:
4.2.1 You shall abide by laws, rules and regulations and policies ensuring the legality of sources for digital assets in the accounts and shall not engage in illegal activities or activities impairing third party interests via this website or the services rendered by the website, such as sending or receiving any information violating laws, rules or impairing interests of other persons, sending or receiving pyramid selling information or harmful information or comments and using or forge the email headings of the website without authorization of the website.
4.2.2 You should abide by laws, rules and regulations and use and keep properly the account and password, fund password and binding cell phone No. for register including the verifying code received by the cell phone for assuring their safety. You shall be liable to the operation made by using the account, password, fund code or verifying code etc. and its consequences. If you found that the account, password, fund code or verifying code etc. are used by an unauthorized third party or any other problems on the safety of the accounts, you shall inform the website immediately asking suspending the services for the account of the website in question. The website shall be entitled to take actions in the reasonable time as per your request but shall not be liable to the consequences arising out of it before such action (including, but not limited to your losses). You shall not share the account of the website to others in the forms of bestowing, lending, leasing, assignment or other methods without the consent of the website.
4.2.3 you agreed to undertake the liabilities arising out of activities under the account and password in the website(including, but not limited to, disclose, release, clicking on Consent or put forward various rules or agreements, renew the agreement or purchase the services, etc.)
4.2.4 When making transaction of digital assets on the website, you shall not maliciously interfere the proceeding of normal digital assets transaction or undermine the order of transaction, shall not interfere the normal operation of the website in any technical means or other manners nor interfere the other person's use of the website and shall not maliciously slander the goodwill of the website with fictional facts or other manners.
4.2.5 In case of disputes with other users for the transaction via the network, no request to the website for providing relevant documents shall be allowed other than seeking settlement by means of judicial or administration ways.
4.2.6 In the course of using the services rendered by the website, all payable taxes, and charges imposed on software, hardware, services and other aspects shall be borne by yourself independently.
4.2.7 You should abide by the agreement released and updated from time to time by the website and other service terms and operation rules and shall be entitled to stop using the services rendered by the website at any time.
4.3 Rules on the Products
4.3.1 Rules on the product of the currency-currency transaction
4.3.1 You committed that when entering into the website for the transaction, you should following the following transaction rules in the transaction of currency-currency with other users via the website:
18.104.22.168 Browsing the information of the transaction
When you browse the information of the currency-currency transaction, you should read carefully all contents included in the transaction information, including, but not limited to, price, entrusted volume, fees, a direction of buying or selling. You shall accept fully the contents included in the information before clicking on the button for the transaction.
22.214.171.124 Submitting the entrustment
You may submit entrust for the transaction after browsing the transaction information and confirmed there no mistakes. After submission of transaction entrustment, i.e. you authorized the website for concluding the matching transaction, the website will complete the matching transaction automatically when the opportunity satisfactory to you entrusted price appears without prior notice to you.
126.96.36.199 Checking on the breakdown of transaction
You may check on the corresponding trading record in the breakdown of the transaction of management center and confirm your transaction record in details.
188.8.131.52 Cancellation/Modification of entrustment. You shall be entitled to cancel or modify your entrustment before the conclusion of the entrusted transaction.
Five. Rights and obligations of the website
5.1 If you fail to comply with the qualification of register required by the agreement the website shall be entitled to reject your register and as for those have already registered, the website shall be entitled to cancel your account as the member and shall reserve the right of calling to accounts to you and your authorized agent. Meanwhile, the website shall be decided whether or not to accept your right to register besides other conditions reserved.
5.2 The website shall be entitled to suspend or terminate the use of the account if it is discovered that the user is not the original register person of the account.
5.3 When the website doubt about the authenticity, fake, invalidity or incompleteness of the information you have provided through the technical test, casual inspection or other means, the website shall be entitled to inform you to make correction of updating or to suspend or terminate the provision of website services.
5.4 The website shall be entitled to correct the information if there are obvious errors are found in any information on the website.
5.5 The website reserve the right of making modification, suspension or termination of its provided services at any time and the right of suspending or terminating the services without prior notice to you. The termination of one or more than one services shall become effective as from the date of making an announcement of termination on the website.
5.6 The website shall adopt necessary technical means and take necessary management measures for protecting the normal operation of the website in order to provide necessary, reliable environment and services for the transaction and maintain the good order of digital assets transaction.
5.7 If you have not logged in the website by using your account and password of the website as members for over one year, the website shall be entitled to cancel your account of the website. After the cancellation of your account, the website shall be entitled to open such corresponding name of the member for other people to register and use.
5.8 The website shall take measures such as enhancement of technical investment and improvement of safety and preventive means to protect the safety of your digital assets and the website shall be obliged to inform you in advance if it appears foreseeable safety risks about your account.
5.9 The website shall be entitled to delete various information which is in compliance with laws, rules and regulations and stipulations of the website and when the website exerts above right, it is not necessary to give prior notice to you.
5.10 The website shall be entitled to ask you providing more information and documents and take proper measures in accordance with laws, rules, and regulations, decrees of sovereignty country where you located on the purpose of compliance with local regulations and you shall be obliged to cooperate accordingly. The website shall be entitled to suspend or terminate forever the opening of the website and all or part of the services to you in accordance with laws, rules, and regulations, decrees of sovereignty country where you located.
6.1 In any situations, our liabilities of indemnity to you for direct damages shall not exceed the total expenses generated from your using the services rendered by the website for three (3) months.
6.2 In the event of your violation of this agreement or other laws, rules, and regulations, you should indemnify us at least USD 2 million and bear all the costs and expenses resulted therefrom (including attorney fees). If the above amount is insufficient to compensate the actual losses, you must make up it.
Seven. The right of seeking injunctive relief
Both we and you acknowledged that the remedies under the Common law may not be sufficient for compensating all the losses we suffered due to breaches or potential breaches and therefore the non-defaulting party shall be entitled to seek injunctive relief and all the other remedies allowed under common law or equity against breaches or potential breaches.
Eight. Limitation or exemption of liabilities
8.1 Your understand and agree that in no event, we shall be liable to the following matters:
8.1.1 Income losses;
8.1.2 Transaction profit and contractual losses;
8.1.3 Interruption of business;
8.1.4 Losses of anticipated savable currencies;
8.1.5 Information losses;
8.16 Losses of opportunity, goodwill, and reputation;
8.1.7 Damages or losses of data;
8.1.8 Costs of purchasing substitute products or services;
8.1.9 The consequent, particular or incident losses or damages resulted from infringement (including fault), breaches or other reasons, whether or not we can reasonably predict and whether or not we are informed of the potential losses or damages in advance.
From 8.1.1 to 8.1.9, each of them is independent.
8.2 You understand and agree that we shall not be responsible for indemnity liabilities for your damages due to any following events:
8.2.1 We believe reasonably that there are possible significant illegal or breaching behaviors in your specific trading matters.
8.2.2 We believe reasonably that you involve in improper or suspected illegal activities on the website;
8.2.3 Expenses or losses occurred because of activities like purchasing or acquiring any data, information or concluding transaction or substitution activities through the services rendered by the website.
8.2.4 Your misunderstanding about the website.
8.2.5 Other losses relating to services rendered by the websites not caused by our reasons.
8.3 We shall not be responsible for unavailable services, delayed services as well as losses you suffered because of reasons beyond our control or caused by third parties, including equipment maintenance of information network, connection failure of information network, fault of computers, communication or other systems, power failure, bad weather, accidents, strike, labor disputes, riot, uprising, turmoil, insufficient production force or means, fire, flood, tempest, explosion, war, reasons of bank or other partners, breakdown of digital assets market, governmental actions, order issued by judicial or administration institutes, etc.
8.4 We are unable to guarantee that all the information, procedures, and text, etc. contained in the website are completely safe without interfered or damaged by malicious programs such as virus or Trojans and therefore your logging in and using any services of the website and downloading any program, information and data are totals of your own personal decision and the risks and losses caused thereby shall be borne by yourself.
8.5 We made no guarantee and commitment to any information, products, and businesses of any third party website linked to the website as well as any content in other forms which do not belong to us. You shall be liable for all the consequences and liabilities arising out of using any services, information, and products provided by any third party websites.
8.6 We shall not make any express or implied guarantee for your using the services rendered by the website, including, but not limited to, suitability, free of errors or omissions, continuity, precision, reliability, proper for a certain purpose, etc. of the provided services. Meanwhile, Nor shall we make any commitments or guarantees on the validity, precision, correctness, reliability, quality, stability, completeness and promptness of the technical information involved in the services rendered by the website. You shall make decisions by yourself of whether to logging in or using the services rendered by the website and shall be liable to the risks therein and any possible losses resulted therefrom by yourself. We shall make no express or implied guarantee on the market, value, and price of digital assets and you know and understand that since the market of digital assets is unstable and the price and value fluctuate sharply or even crash at any time, transaction of digital assets will depend on your own free choice and decision and you shall be liable to the risk and possible losses resulted therefrom by yourself.
8.7 The guarantee and commitment in the agreement shall be the only ones we made on the agreement and the website and shall substitute any guarantees or commitments generated in any other ways or in any other methods, no matter oral or written, express or implied. All these guarantees or representations represent only our own commitment and guarantee, other than guaranteeing any third party to abide by the guarantees and commitment in the agreement.
8.8 We shall not waive any rights of limiting, exempting or offsetting our indemnity liabilities enjoyed under maximum extent of applicable laws which are silent herein.
8.9 Your register indicated that you have recognized our any operation made in accordance with rules under this agreement and shall be liable for any risks arising out thereof by yourself.
Nine. Termination of the agreement
9.1 The website shall be entitled to cancel your accounts in the website according to stipulations of the agreement and the agreement shall be terminated as from the date of cancellation of the account.
9.2 The website shall be entitled to terminate all the services rendered by the website according to the stipulation of the agreement and the agreement shall be terminated as from the date of cancellation of all services.
9.3 Upon termination of this agreement, you shall not be entitled to ask the website to continue the providing any services or fulfilling any other obligations, including, but not limited to, ask the website keeping or disclosing to you any information originally in the original account of website and transfer to you or any third party any information has not been read or transmitted.
9.4 The termination of the agreement shall not preclude the non-defaulting party demanding to the breaching party for assuming other liabilities.
Ten. Intellectual Property
10.1 All the rights of intellectual property and intellectual achievements in the website shall be owned by the website including, but not limited to, logos of website, database, website design, words and graphs, software, photographs, video, music, sound and any combination of above mentioned items, software compilation, relevant source code and software (including app and script), etc. No duplication, modification, copy, transmission or using of above-mentioned documents or contents shall be allowed for any other commercial purposes.
10.2 All rights included in the name of the website (including, but not limited to goodwill, trademark, and logos) are owned by the company.
10.3 Your acceptance of this agreement shall be deemed as that you actively and exclusively assign and transfer free of charge to the website any copyright for information expressed in any form in the website, including, but not limited to, right of reproduction, publishing right, right of hire, right of exhibit, right of performance, right of showing, right of broadcasting, right of network dissemination, right of shooting, right of adaptation, right of translation, right of compilation, and other assignable right enjoyed by copywriter owner and the website shall be entitled to bring a suit independently against any entity for infringement and get full compensations. The effectiveness of the agreement and the contents expressed in the website under the protection of copyright law shall apply to its forming before and after the signing of this agreement.
10.4 You shall not use or dispose of the rights of the intellectual right of the website or other persons in the course of using the services rendered by the website. You should not release in any forms or authorize other websites (or media) to use the information you have published on this website.
10.5 Your logging in the website or using any serviced rendered by the website does not mean that we assigned and transferred any intellectual rights.
Eleven. Information Protection
11.1.1. When registering or using website account, you should provide personal register information as per the requirement of the website, including, but not limited to, Tel. No., Mailbox, ID card and so on.
11.1.2 When you use the services rendered by the website or visit the pages of the website, the website shall receive and record automatically your server value at the browser, including, but not limited to, IP address and webpage record you asked and called.
11.1.3 The data collected by the website of transaction you made via the website including, but not limited to, transaction record.
11.1.4 The website shall collect your other personal information through legal ways.
11.2 Use of information
11.2.1 Without needing your extra consent, your successful register in the website shall be deemed as your consent of the website for collecting and using your various information in the website and as listed in 11.1, you understand and agree that the website may collect your information for the purposes including, but not limited to the followings:
184.108.40.206 Providing to you the services of the website;
220.127.116.11 Reporting to competent authority as per requirement of a competent authority of sovereignty country or region;
18.104.22.168 When you use the service rendered by the website, the website shall use your information for the purpose of identification verification, clients services, safety prevention, fraud monitoring, filing, and backup in order to assure the safety of the products and services provided to you by the website.
22.214.171.124 To help the website to design new products and services for improving the existing services.
126.96.36.199 In order to let you know about the specific services rendered by the website, you agreed that the website may send you to notice of promotion activities, commercial electronic information and advertisement especially for you instead of widespread ordinary advertisements.
188.8.131.52 In order to complete merging, dividing, acquiring and assets assignment, your information may be disclosed to any non-affiliated third party by the website;
184.108.40.206 Software certification or updating of management software;
220.127.116.11 Inviting you participate the survey about the services of the website.
18.104.22.168 to be used for data analysis in cooperation with governmental institutes, public affair agencies, and associations;
22.214.171.124 to be used for all other legal purposes and your authorized other purposes;
11.2.2 The website shall not sell or lend to anyone your personal information unless obtained your prior consent, nor shall the website allow any third party collecting, editing, selling or spreading gratis your personal information by any means.
11.3 The website shall keep secret of clients' ID documents and transaction information and shall not disclose to any units or persons the clients' ID documents and transaction information unless it is required by laws, rules, regulations, and decrees of sovereignty countries or regions.
Although the computation of all transactions shall be verified by us and the method of computation have been publicized on the website, we cannot guarantee the use of the website are completely free of interferences or errors.
Thirteen. Export control
You understand and acknowledge that according to relevant laws of Republic of Seychelles, you shall not export, re-export, import or transfer any documents on the website (including software) and therefore you undertake not to make, assist or participate actively the above export or transfer or other activities violating laws, rules or regulations and you will report proactively and assist us in settlement of it if you discover any similar behaviors.
The rights and obligations specified herein shall be binding on a successor, executor of testament and administrator. You shall not make an assignment or transfer to any third person without our consent. However, we may assign or transfer our rights and obligations under the agreement to any third person at any time by giving you 30 days prior notice.
If any provisions herein are determined to be unenforceable, invalid or illegal by any court with jurisdiction, the enforceability, legality, and validity of the remaining Provisions shall remain unaffected.
Sixteen. Non-agent relationship
No provision in this agreement shall be considered as created, implied or deemed that we are your agent, trustee or other representatives in any ways unless there are otherwise provided herein.
Either we or you waive the rights against breaches or other liabilities according to the agreement shall not be deemed or construed waive further against other breaches or liabilities. No exerting any rights or remedies shall not be construed in any manners as a waiver of such rights and remedies.
All headings are only for the convenient expression and shall not be used for expanding or limiting the content or scope of this Provision.
Nineteen. Applicable laws
The whole agreement is made in accordance with the laws of the Republic Of Seychelles and the laws of the Republic Of Seychelles shall be applicable to the establishment, interpretation, content, and performance of the agreement. Any claims or suit arising out of or in connection with, the services under the agreement shall be governed, interpreted and executed as per the laws of the Republic Of Seychelles. For the avoidance of any doubtfulness, it is expressly applicable for any claims against any infringement on us. Any claims or suits against us or in connection with us, the jurisdiction court and the venue of proceedings shall be in the Republic Of Seychelles. You acquired unconditionally the exclusive jurisdiction for suit or proceedings in the court of the Republic Of Seychelles and you unconditionally agreed that the venues or courts of any claims or suits for disputes or issues shall be exclusively in the Republic Of Seychelles. The principle of Forum non-convenience shall not be applicable for the selection of court according to this service terms.
Twenty Effectiveness and interpretation he agreement
The agreement shall become effective after your clicking on consent to register on the register page of the website for accomplishing the register and obtaining the account and password and shall be binding on both the website and you.
20.2 The website shall; have the final power of interpretation of this agreement.
Policies of knowing your clients and anti-money laundering
1.1 We assured that we have prudently understood and abode by your clients and relevant anti-money laundering laws, rules and regulations and never violate on purpose the policies of knowing your clients and anti-money laundering. In the extent of our reasonable control, our necessary financial and technical measures shall provide you safety services endeavoring to hold you harmless from losses due to the money laundering by criminal suspects.
1.2 Our policies of knowing your clients and anti-money laundering is a comprehensive international policy system, including the policies of a different jurisdiction where you subordinated with respect to knowing your clients and anti-money laundering. Our sound and compliance structure ensured that we comply with regulatory requirements and level locally and globally to keep the continuous running of the website.
Two. Policies of knowing your clients and anti-money laundering are as follows:
2.1 To promulgate the Policies of knowing your clients and anti-money laundering and update from time to time in compliance with the criteria of relevant laws, rules and regulations;
2.2 To promulgate and update some guidance and rules on the operation of the website, which shall be abided by our employees in providing services throughout.
2.3 To design and accomplish the procedures of internal transaction monitoring and control, such as verifying the identification by strict means, arranging for setting up professional team especially in charge of anti-money laundering.
2.4 To adopt risk preventive measures, make due diligence of clients and keep continuous monitoring;
2.5 To examine and inspect periodically the concluded transactions;
2.6 To report to the competent authority any suspicious transaction if any.
2.7 The documents of identification certification, address certification and transaction record shall be kept at least for six years and in case of being required to submit to regulatory authority, no separate notice shall be given to you.
2.8 In the whole course of the transaction, it is not allowed to use credit card.
2.9 To participate in the training organized by competent authorities and arrange periodical training for employees.
Three. Verification and confirmation of Identification information
3.1 Identification information
According to different rules in different jurisdictions and to different types of entities, we shall collect your information distinctively and in principle, the following information of yours will be collected for register:
Basic personal information: Available information such as his/her name, address(permanent address, if different), date of birth and nationality and so on. The address you provided shall be verified with proper methods, such as checking with documents of transportation means you have taken, evidence of interest rate or register book of the electorate.
Valid photo: Before making register, you must provide your photograph with your ID card in front of your breast.
Contact: Tel/cell phone and a valid email.
3.1.2 If you are a company or other legal entity, we shall collect the following information on the purpose of proving your ID or final beneficiary of credit account.
Documents and Certificate of company register: Counterpart of Articles of Association and memorandum for incorporation, evidence in details of equity structure and ownership explanation, resolution of board of directors certifying the opening of account at the website and the authorized executive agent, necessary ID certification documents for directors, major shareholders and authorized signatory of website account as per requirement, address of main business office (if it is different with mailing address, please provide mailing address). If the local address is inconsistent with its main business office address, it shall be deemed as high-risk client and additional documents shall be required accordingly.
According to different rules in different jurisdictions and to different types of entities, we shall require other certifications, documents issued by competent authorities and documents that we think they are necessary.
3.1.3 We accept only ID information in English or Chinese, otherwise please provide notarized English translation version.
3.2 Verification and confirmation
3.2.1 We require your provision of ID card of a front side and back side.
3.2.2 We ask you providing your photograph with your ID card in front of your breast.
3.2.3. The copy of certification documents shall be generally checked with the originals. However, if a reliable certifying person can prove the copy of documents is precise and complete duplication, then the copy is acceptable. The certifying persons include ambassador, member of the legal commission, Resident Magistrate, and so on.
3.2.4 The requirements of identifying final beneficiary and account control is purposed to determine which persons finally own or directly control clients and/or determine whether the transaction is being made by others on behalf. For enterprises, the ID of major shareholders (holding more than 10% or above voting interests) shall be verified. Generally, holding about 25% shares shall be considered to be within the normal risks and the ID of shareholder shall be verified. The holding about 10% or above voting interests of shares shall be deemed as high-risk situation and the verification of shareholder's ID shall be necessary.
Four. Transaction Monitoring
4.1 We shall set and adjust the amount limit of daily transaction and withdraw deposit from time to time according to requirement of safety and actual transactions.
4.2 If frequent transactions are concentrated on certain person as registered as you or in the event of irrational situations, our professional team shall determine whether they are suspicious through evaluation;
By virtue of our judgment, if such transactions are determined as suspicious, we may suspend such transaction, reject such transaction or take other limiting measures, even make reverse such transaction as soon as possible and report to competent authority at meanwhile, but without informing you.
4.4 We reserve the right of rejecting the registration application by the person come from the jurisdiction in compliance with international anti-money laundering criteria or the person deemed as political public figure. We reserve the right of suspending or terminating at any times the suspicious transactions according to our judgment without prejudice to any duties and obligations to you.