TERMS AND CONDITIONS
These Terms and Conditions are for the purpose of stipulating the rights and obligations of the Company and its members in relation to the terms and conditions of use of the dbx24 Exchange and dbx24 Exchange services provided by Corexfy Co., Ltd. (will be stated as “the company” from now on)
Introduction
This agreement is between the member and the service operator, dbx24. It means that you have read, understood and aaccepted all the services, privacy policy on how we collect, use, process and disclose your personal information and that you agree to its services provided through the dbx24 website (https://www.dbx24.com), API (https://api.dbx24.com).
This agreement is legally binding so it is crucial that you read the contract and its contents carefully before you embark on using the company site. By registering, gaining access to and starting to use our service means that you are showing consent to our terms and conditions stated on the contract.
If you do not agree to these terms and conditions please request to cancel your membership at dbx24 and stop to use its service.
If you would like a detailed description about dbx24, please refer to the license information and company introduction on the website.
Contract Conditions
dbx24 has the authority to change the details of the agreement at any time freely. dbx24 holds the responsibility to update any changes on the terms and conditions, and needs to announce any changes or new information on the website, and to notify their members regarding these updates. If the member continues to use its service, it means that they are agreeing to and giving consent to the updated agreement and its terms.
Restrictions for Use
In order to become a member of dbx24, you need to be over 18 years old, and must be an individual, company or other enterprise who has the capability to hold legal liability to comprehend the terms and conditions. If not, the member and the member’s guardian must take legal responsibility for the results caused due to the member’s actions dbx24 has the authority to cancel or freeze the member’s account in addition to claim the member and the member’s guardian for compensation.
Denied for use
By accessing and using the services provided by dbx24, you acknowledge and declare that you are not on the list of trade or economic sanctions such as the UN Security Council sanctions list or the OFAC (US Department of the Treasury). dbx24 reserves the right to choose which markets and jurisdictions to operate.
Services to certain countries can be restricted or denied. The contents of this Agreement shall not be excluded from the laws of the country in which you are located. dbx24 maintains a position to prevent prohibited users from accessing dbx24 and the services provided by dbx24.
Prohibited countries: US, North Korea.
Service Description
dbx24 provides an online digital asset trading platform for products commonly known as cryptographic tokens, digital tokens, or encrypted currencies. dbx24 functions as a trading platform provider and is not a buyer or seller in the transactions between members. dbx24 is not a market maker. Traders must register their account with dbx24 and deposit their digital assets before commencing the transaction. Traders may request withdrawals of digital assets in accordance with the restrictions set forth in the Terms of Use.
Although dbx24 will strive to maintain the accuracy of the information posted on the website, but cannot guarantee the reliability, perfection and compatibility, and accuracy of its content and will not compensate for any loss or damage. The information related to dbx24 website may be directly or indirectly changed without any prior notice, and has its main purpose in helping the members to independently make their decision. dbx24 does not provide investment advice services and as stated on other websites and telecommunications media sources, dbx24 does not hold any accountability for the use or interpretation of the information as specified on the website or other communication medium. All users of dbx24 must be aware that there is a risk associated with the transaction.
dbx24 emphasized on the security of the platform to ensure the security and continuity of its service, however does not take responsibility for malicious hacking, terror attacks, and other unexpected circumstances
dbx24 has the authority to cancel, trade back or block all physical trading in case a suspicious transaction has been detected. dbx24 has no right to demand a password or request a transfer of funds that does not exist on the platform.
Members agree to the fact that dbx24 does not hold accountability in case of situations mentioned above arise. By agreeing to use the service dbx24 provides, members are giving consent that all information regarding dbx24 and its Terms are true and accurate.
Requirements for registering accounts at dbx24.
Registration
All users must register their accounts at dbx24 before they start their use on the site. In order to register an account, members must provide their real name, electronic email address and password and needs to agree to the Terms and sign on the Privacy Policy. Depending on certain conditions or situations or at the discretion of the individual, opening bank accounts may be denied.
Identification of the user
When you register an account at dbx24, it is required for you to consent to share personal information that was collected. This information is used to detect money laundering, terror financing, fraud and other financial crimes, especially on the dbx24 platform. In addition to providing this information, in order to facilitate compatibility with world industry standards for data retention, members agree to allow such information to be retained for five years after the termination of the account and for the term of the account. A member agrees that the identity of a member may be verified or other inquiries may be made to protect the member and the company from financial crimes such as fraud.
The information we collect from you may include name, address, contact info. telephone number, user name, identification card issued by the government authorities. By providing the above information the member must be able to verify that the information is true and not forged. After registering, members must prove that the information they provided are up- to- date in case of any changes. In case the information is not true or correct, and suspicion arises that the information provided by the member is not true or correct, outdated or incomplete, dbx24 may send notice to the member to correct, delete the relevant information, and in some cases delete all information. If you are unable to contact us through the contact information provided by yourself, you are solely responsible for any loss or expense incurred while using the dbx24 Service. Member acknowledges and agrees that if any changes are made, obliges to keep all information up-to-date.
Requirements for using Account
Only members who have completed their email verification are allowed to use their accounts. dbx24 reserves the right to temporarily suspend, freeze or cancel a member's account. Therefore, dbx24 is not liable for these accounts.
Account Security
dbx24 is committed to maintaining the safety of user funds entrusted to us and maintains industry-standard security for the platform. Members are responsible for safekeeping their dbx24 accounts and passwords, and dbx24 will not be held liable for damages caused by the disclosure of dbx24 accounts and passwords due to member's negligence.
Members must agree to the following
- If members become aware of any unauthorized use of your dbx24 account and password or violation of the security rules, you must notify dbx24 immediately.
- Members must strictly adhere to the security, authentication, processing, billing, withdrawal mechanisms or procedures of the website / service.
- After using the service, members may log out and complete the use.
dbx24 will not be held responsible for any loss or consequences resulting from your failure to comply with the above account security provisions.
Dispute Resolution
dbx24 reserves the right to resolve issues and disputes at its sole discretion. Some issues include violating the rights of others, violation of laws and regulations, unusual transactions, and other issues not expressed or mentioned in these Terms and Conditions. You are agreeing to bear the cost that incurred during the resolution process.
Regulations for using Davit Service
Member agrees to abide by the following commitments while using dbx24 Services.
- All activities carried out while using the dbx24 Service must comply with applicable laws, regulations and various guidelines. dbx24 will not infringe upon public interest, public morality or interfere with the reasonable interest of an individual or party.
- You will not avoid payable taxes or fees and will not violate this Agreement or any applicable rules. In case of the systematic error, the member shall immediately report the error to the dbx24 exchange and wait until an appropriate action is taken. In the event of a breach of trust of any of the foregoing, resulting in legal consequences, the Member shall independently perform all legal liability in his or her own name and shall indemnify dbx24 from any action, claim or cost arising out of such breach of trust. Members will not use any data or information displayed on the Site for commercial purposes without prior consent from dbx24's in writing. You will not engage in any unfair competition, nor interfere with normal operation of dbx24, and use the Site in accordance with these Terms of Use and Privacy Policy. Examples of such malicious behavior include:
- Utilizing any software or sub-routine, or harmful device that interferes with the website.
- Requesting unreasonable data overload on network equipment
- Malicious sales or distribution in the market
- Member agrees that dbx24 will determine whether the Member is in breach of contract and take steps to enforce the relevant rules without the member's consent or prior notice. Examples of these behaviors include:
- Block or Close the order
- Freeze the account
- Asset collection
- Report the case to the authorities
- Post the the violation and action taken
- Remove the violation information
If a member's breach of contract causes damages to a third party, the Member shall have full legal responsibility in his / her name and shall not cause dbx24 to suffer damages, fines or any additional costs. If dbx24 has suffered a loss due to an alleged infringement or has been subject to penalties imposed by administrative authorities, you must reimburse dbx24 for losses and expenses, including attorneys' fees.
Service Charge
dbx24 holds the right to charge fees upon the members that use its service. dbx24 reserves the right to impose service charges on users who use the Service. The fees charged to users who use the Service are adjusted at the sole discretion of dbx24.
Responsibilities
Service Provided
dbx24 does not provide any form of guarantee related to the reliability of its technology, accuracy, perfection while trading. dbx24 simply provides a platform in which it makes it possible to trade cryptocurrencies and receive all types of information regarding cryptocurrency. Care must be taken to consider the relevant investment risks, trade information and the validity of investment decisions prior to using the services dbx24 provides.
Limitations of Liability
dbx24 will not be held liable for any loss arising out of any of the following, including:
- Profit, Data loss, or other intangible loss
- Service suspended due to inspection
- Unauthorized use of the account or unauthorized alteration of data by a third party
- Other losses not directly attributable to dbx24 in connection with dbx24 Services
In no event shall dbx24 be liable for any service interruption or delay caused by external factors, such as periodic network maintenance or power outages, natural disasters, service provider issues or government actions.
Notice
All official and public announcements, news, promotions and information related to competitions and Air drop notices can be found on the notice board, and it is recommended that all members regularly subscribe to it. dbx24 does not take any responsibility or compensate for members who did not subscribe to the publishings and due to their own fault was made to incurr a loss to themselves.
Termination of Contract
Whenever the member decides they would like to discontinue the use of its service or does not agree to the Terms and Conditions stated on the contract, members are allowed to terminate the contract by making a request through Manage Information Menu within the service or simply by contacting customer support.
The Company shall deal with the request to terminate their membership according to the relevant laws and regulations. However, the Company shall not be liable for any damages incurred by the Company without the intention or negligence from the Company in the process of canceling the use of its service according to the member's request.
The Company may restrict the use of the Service by setting a time when the following reasons occur and may request corrective action. If you do not make a correction within a reasonable period of time despite the request for correction or if you repeatedly made the violation more than 2 times, you may cancel the contract.
- In case of conduct or attempt to interfere with the smooth progress of the service provided by the company.
- Violation of related laws and regulations, such as illegal communication and hacking, distribution of malicious programs, and excess access rights, which violate laws related to the provision and operation of illegal programs in violation of copyright law, promotion of information network utilization and information protection, etc.
- In addition, in cases where there is a reason that the contract can not be maintained due to a reason similar to each case
Upon termination of the contract, all benefits received through the use of the service will expire and the company will not compensate for it.
When the termination of the contract is completed, all personal information of the member will be deleted except for the part which the company needs to hold according to the related laws and personal information processing policy.
If the company decides to terminate the user agreement, the company may retain the member's information for a certain period of time in case a member makes an objection and needs to receive and process it but after the period has elapsed, may delete all information (except for cryptocurrency selling/buying details).
Compliance with local laws
It is your responsibility to comply with local laws regarding the legal use of dbx24 in your jurisdiction. You must also acquire all aspects of taxation, withholding, collection, reporting and remittance to the appropriate tax authority within the scope of local law. All users of dbx24 and its services must acknowledge and declare that their sources of funding were done a legitimate manner and were not derived from illegal activities. dbx24 maintains a partnership with law enforcement authorities around the world and will not hesitate to capture, freeze, or terminate accounts and funds of users investigated by legal authorities.
Privacy Policy
dbx24 may, from time to time, publish and amend its privacy policy on the dbx24 Platform, as the Privacy Policy is an integral part of this Agreement. The latest version of our Privacy Policy is always available on our website.
Indemnification and Disclaimer
Except for cases in which dbx24 has breached its trust, members will be exempted from any claims received through 3rd parties and compensation requests from affiliates including dbx24. As mentioned in the service description, dbx24 is committed to maintaining its data integrity on the site, but does not guarantee the information and services provided by that platform. dbx24 shall not be liable for errors resulting from the use of the Services.
Complaints
If members encounter any problems or questions while using the service, or would like to share their opinions, please contact the Notice board through 1:1 Query.
