These Terms of Service and Use (“Agreement”) form a legal agreement covering the provision of services (“service” or “services”) provided by Digital Assets Management (“excoin.club” or “EXCOIN” 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 EXCOIN Privacy Policy. Please read through this Agreement and Privacy Policy carefully before accepting them.
you accept both the Terms of Service and Use, and the Privacy Policy. By accepting this Agreement or by using the Service, you expressly acknowledge and agree that you are entering into a legal agreement with EXCOIN, and have understood and agree to comply with, and be legally bound by, this Agreement.
We reserve the right, at our sole discretion, to update, change or replace any part of these Terms of Service and Use by posting updates and changes to our website. If there is a change which has a material adverse impact on you, we will notify you by emailing you and providing 30 days notice. If you do not agree to the changes, you can terminate this agreement by discontinuing to use the services.
It is your responsibility to check our website periodically for changes. Your continued use of or access to our website or the services following the posting of any changes to these Terms of Service and Use constitutes acceptance of those changes.
For changes to these Terms of Service and Use that will significantly affect your rights and obligations we will strive to notify you before the changes take effect. You can terminate this Agreement at any time by concluding any outstanding trades and other obligations, withdrawing any remaining balances and deleting your account.
You must be at least 20 years old to use for a excoin.club. If you shopping use, you warrant that you are at least 20 years old.
Your 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 is prohibited.
Identity Verification
We do not perform KYC. However, in the event of a dispute, we may request the following to resolve it
In order to ensure EXCOIN remains a safe platform for all of our customers we may require you to verify your identity as part of the services we offer. Identity verification may be required during trade disputes, fraud investigations, and to ensure account ownership. As part of our ID verification process we may require you to provide us with your full name as well as documents and photographs that verify your identity.
In certain situations we may require enhanced identity verification. This may include requirements to verify details regarding payments you have made or received during trades on EXCOIN as well as cryptocurrency transactions that you’ve sent or received from your access.
If, based on the results of the analysis of AML-cryptocurrency assets, any label from the following is received:
DARK SERVICE
SCAM
STOLEN
MIXING(MIXER)
SEXTORTION
RANSOMWARE
HACK
PHISHING
TERRORISM FINANCING
FRAUD
BLACKLIST
STILL UNDER INVESTIGATION
CYBERCRIME ORGANIZATION
NARCOTICS
CHILD ABUSE
HUMAN TRAFFICKING,
SANCTIONS,
and other high-risk assets,
then the Client’s transaction may be frozen indefinitely until complete identity verification (KYC).
Unresponsiveness
When you are involved in a cryptocurrency trade it is important that you remain active and available from the time the trade is started to the time that the trade is completed, canceled, or resolved. This means that you must be able to provide a response to a request by EXCOIN support in a disputed trade within 30 minutes or you may be deemed as unresponsive and the dispute may be resolved against you.
Dispute resolution criteria
Excoin can resolve a disputed trade to a cryptocurrency buyer when one of the following criteria are met:
The buyer has made payment according to the instructions provided by the seller in the trade chat, offer terms of trade, or offer payment details and the buyer has provided sufficient proof that the payment was made according to these instructions.
The seller has become unresponsive.
Excoin can resolve a disputed trade to a cryptocurrency seller when one of the following criteria are met:
The buyer has not provided payment or not provided payment in full
The buyer has become unresponsive
The payment made by the buyer has been held/frozen/stopped by the payment provider
The buyer has not provided payment according to the instructions provided to them by the seller in the trade chat, offer terms of trade or offer payment details.
The payment is made by a third party to the trade OR the payment is made from a payment account not registered in the name of the buyer.
We have the right to, limit, suspend, or terminate your access to the services that we provide to you if:
- we have a reason to believe that you have acted in violation of these Terms of Service and Use or applicable laws or regulations or if we have a reason to believe that any content or material submitted or shared by you in or through the services violates these Terms of Service and Use or applicable laws or regulations or third party rights;
- we suspect that you use the services to engage in, attempt to engage in, or in connection with fraudulent activity, money laundering, terrorist financing or other financial crime;
- we have reason to believe that you have supplied false, misleading or deceptive information in connection with your registration, identity verification, trades or any other use of our services, either to us or to another user;
- we are required to do so under any applicable law, regulation or an order issued by an authority;
- make available content or behave in a way that libels, defames, invades privacy, stalks, is obscene, pornographic, racist, abusive, harassing, threatening or is offensive;
- if you use the services in a manner which may cause the services to be interrupted or damaged or such a way that the functionality of the services is in any way impaired or attempt to bypass or break any security mechanism of the services or if EXCOIN believes in good faith that such action is reasonably necessary to protect the security of its services or its property or brand or the security, property and rights of its users or those of third parties;
- attempt any unauthorized access to user accounts or any part or component of the service.
We will normally give you a notice of any limitation, suspension, or termination of your access but we may, if it is reasonable to do so (for example we consider it advisable for security reasons), limit, suspend or terminate your access without prior notice to you.
You acknowledge that our decision to limit, suspend, or terminate your access, may be based on confidential criteria that are essential to our risk management and security protocols and that we are under no obligation to disclose the details of our risk management and security procedures to you.
Fees and Pricing
The services are provided to you against fees determined on a per transaction and/or per trade basis in accordance with the prices and pricing principles set out on our website. Such fees may include fees for incoming and outgoing transactions, and percentage based fees for trades completed.
Allowed Jurisdictions
To use services provided by EXCOIN you may need to fulfil certain legal obligations in your country and/or state of residence. By accepting these terms and service you confirm that you have reviewed your local laws and regulations and that you are aware of, and fulfill, any and all such obligations.
Intellectual Property Rights
You acknowledge and agree that all copyrights, trademarks and all other intellectual property rights in and related to this site and our services is exclusively the property of EXCOIN and our licensors. We grant you a revocable, non-exclusive, non-sublicensable, non-transferable and limited license, subject to the terms of this Agreement, to access and use our site and service, as well as related content, materials and information (collectively, the “Content”) solely for approved purposes as permitted by us from time to time. Any other use of the Content is expressly prohibited and you agree not to copy, transmit, distribute, sell, license, reverse engineer, modify, publish, or participate in the transfer or sale of, create derivative works from, or in any other way exploit any of the Content, in whole or in part.
Disclaimer of Warranties and Limitation of Liability
This site and the services are provided on an “as is” and “as available” basis for your information and use without any representation or endorsement. To the maximum extent permitted by applicable law, we make no warranties of any kind, whether express or implied, in relation to the site or the services, including but not limited to, implied warranties of satisfactory quality, functionality, fitness for a particular purpose, non-infringement, compatibility, security, accuracy, condition or completeness, or any implied warranty arising from course of dealing or usage or trade.
Indemnity
You agree to be fully responsible for (and fully indemnify us against) all claims, liability, damages, losses, expenses, including legal fees and costs suffered by us and arising out of or related to any breach of this Agreement by you or any other liabilities incurred by us arising out of your use of the services, or use by any other person accessing the services using your user account, device or internet access account; or your violation of any law or rights of any third party.
General
We may transfer or assign our rights and duties under this Agreement to any party at any time without notice to you, but this will not affect your rights or our obligations under this Agreement. You may not, however, transfer or assign any of your rights and duties under this Agreement to any other party.
This Agreement (as amended from time to time) contains the entire agreement and understanding between us in respect of all matters which are referred to herein and supersedes any prior written or oral agreement between us relating to such matters. No oral explanation or oral information given by either of us shall alter the interpretation of this Agreement. You confirm that, in agreeing to accept this Agreement, you have not relied on any representation that is not expressly included herein and you agree that you shall have no remedy in respect of any misrepresentation which has not become a term of this Agreement. However, nothing in this Agreement purports to exclude liability for any fraudulent statement or act.
If any part of provision this Agreement is deemed unlawful, void or for any reason unenforceable, then that provision shall be deemed to be severable from this Agreement and shall not affect the validity and enforceability of any of the remaining provisions of the Agreement.
Our failure to enforce any right or provision in this Agreement will not constitute a waiver of such right or provision unless acknowledged and agreed to by us in writing. Except as expressly set forth in this Agreement, the exercise by either party of any of its remedies under this Agreement will be without prejudice to its other remedies under this Agreement or otherwise permitted under law.
Governing Law
Users of EXCOIN are themselves responsible for making sure they are in compliance with legislation of the jurisdiction they operate and reside in. If your local laws do not permit you to use the services provided by EXCOIN, you may not access this website.