Virtuse Xchange Private Limited. (hereinafter referred to as “the company”) is a company incorporated in the Republic of Singapore under the laws of the Republic of Singapore, and operates the website https://www.virtuse.com (hereinafter referred to as “this Website” or “the Website”), which is a platform dedicated to the transaction of digital assets and the provision of related services (hereinafter referred to as “the Service”).
For the convenience of the Users, all content on VEX may be available in multiple languages. In case of any conflict between different language versions of such content or any omission in any language version, the Chinese version of such content shall prevail.
For more information on VEX, you can refer to the company and license information found on the website. If you have questions regarding this agreement, please feel free to contact VEX for clarification via our Customer Support team.
By registering to use a VEX Account, you have affirmed that you are at least 18 years old and are an individual, legal person or other organization with full legal capacity to enter into this User Agreement between you and VEX. If you are not, you and your guardian shall undertake all consequences resulting from your actions and VEX shall have the right to cancel or freeze your account in addition to filing claims against you and your guardian for compensation.
Prohibition of use
By accessing and using VEX and any of its services, you acknowledge and declare that you are not on any trade or economic sanctions lists, such as the United Nations Security Council Sanctions List and its equivalent. VEX maintains the right to select its markets and jurisdictions to operate and may restrict or deny its services to certain countries. The content of this Agreement shall not be excluded from the laws of the country under which the user belongs. VEX maintains its stance that prohibited users are not to use or access VEX and any of its services.
VEX provides an online digital asset trading platform (crypto to crypto) for products commonly known as cryptographic tokens, digital tokens or cryptographic currency. VEX does not provide fiat trading capabilities on its platform and as such is not subjected to the stringent regulations that come with it. VEX functions as a trading platform provider and is not a buyer or seller in trades made between traders. VEX is also not a market maker. Traders must register and open an account with VEX and deposit digital assets prior to commencement of trading. Traders may request the withdrawal of their digital assets, subject to the limitations as stated in the Terms and Conditions.
VEX strives to maintain the accuracy of information posted on its website however it cannot guarantee the accuracy, suitability, reliability, completeness, performance or fitness for purpose of the content through the website and will not accept liability for any loss or damage that may arise directly or indirectly from the content. Information on VEX website can be subjected to change without notice and is provided for the primary purpose of facilitating users to arrive at independent decisions. VEX does not provide investment or advisory advice and will have no liability for the use or interpretation of information as stated in its website or other communication mediums. All users of VEX must understand that there are risks involved in trading. VEX encourages all users to exercise prudence and trade responsibly within their own means.
While VEX emphasizes platform security to ensure the continuity and security of its services (announcements will be made in event of downtime/maintenance), VEX reserves the right to cancel, rollback or block transactions of all type on its platform in event of abnormal transactions. VEX will not ask for any password from its users nor ask users to transfer funds that are not listed on its trading platform. Users are encouraged to exercise prudence in dealing with discounts or promotions that could lead to them getting scammed. While the list is non-exhaustive, you agree that VEX will not be held responsible for any losses arising from the situations stated above.
By using VEX and any of its services, you declare that all information to VEX in connection with these Terms are true, accurate and complete.
Important reminder: We hereby remind you that:
Digital assets trading is highly risky and therefore not suitable for the vast majority of people. You acknowledge and understand that investment in digital assets may result in partial or total loss of your investment and therefore you are advised to decide the amount of your investment on the basis of your loss-bearing capacity. You acknowledge and understand that digital assets may generate derivative risks. Therefore, if you have any doubt, you are advised to seek assistance from a financial adviser first. Furthermore, aside from the above-mentioned risks, there may also be unpredictable risks. Therefore, you are advised to carefully consider and use clear judgment to assess your financial position and the abovementioned risks before making any decisions on buying and selling digital assets; any and all losses arising therefrom will be borne by you and we shall not be held liable in any manner whatsoever.
You understand that VEX is only intended to serve as a venue for you to obtain digital asset information, find trading counterparties, hold negotiations on and effect transactions of digital assets. VEX does not participate in any of your transactions, and therefore you shall, at your sole discretion, carefully assess the authenticity, legality and validity of relevant digital assets and/or information, and solely bear the responsibilities and losses that may arise therefrom.
All opinions, information, discussions, analyses, prices, advice and other information on this Website are general market reviews and do not constitute any investment advice. We do not bear any loss arising directly or indirectly from reliance on the abovementioned information, including but not limited to, any loss of profits.
The content of www.virtuse.com may be changed from time to time and at any time without notice, and we have taken reasonable measures to ensure the accuracy of the information on the Website; however, we do not guarantee the degree of such accuracy, or bear any loss arising directly or indirectly from the information on this Website or from any delay or failure caused by failure to link up with the internet, transmit or receive any notice and information.
The Company may suspend or terminate your account or use of the Service, or the processing of any digital asset transaction, at any time if it determines in its sole discretion that you have violated this Agreement or that its provision or your use of the Service in your jurisdiction is unlawful. USE OF THE SERVICE BY PERSONS LOCATED IN THE UNITED STATES OF AMERICA IS PROHIBITED.
https://www.virtuse.com is the sole official external information release platform for this Website;
No service on www.virtuse.com may be paid for by credit card;
It is prohibited to use VEX to engage in any illegal transaction activities, such as money laundering, smuggling and commercial bribery. In the event that any of such activities is uncovered, www.virtuse.com will adopt all available measures, including but not limited to freezing the offender’s account, notifying relevant authorities, etc., and we will not assume any of the responsibilities arising therefrom and reserve the right to hold relevant persons accountable;
It is prohibited to use www.virtuse.com for the purpose of malicious manipulation of the market, improper transactions or any other illicit trading activities. Where any of such illicit trading activities is uncovered, this Website will adopt such preventive and protective measures as warning, restricting trading and closing accounts against any and all such malicious manipulation of prices, maliciously influencing the trading system and any other illicit behaviors; we do not assume any of the responsibilities arising therefrom and reserve the right to hold relevant persons accountable.
After you become a member of this VEX, you will receive a member account and corresponding password, which shall be properly kept by you as a member of VEX; Members shall be liable for all activities and events carried out through their accounts.
Where we fail to provide the Services or delay in providing such Services due to information network equipment maintenance, information network connectivity failures, errors in computer, communications or other systems, power failures, weather conditions, unexpected accidents, industrial actions, labor disputes, revolts, uprisings, riots, lack of productivity or production materials, fires, floods, storms, explosions, wars, failure on the part of banks or other partners, collapse of the digital asset market, actions by government, judicial or administrative authorities, other acts that are not within our control or beyond our inability to control, or due to causes on the part of third parties, we shall not assume any responsibility for such failure to provide service or delay in providing services, or for the resultant loss you may sustain as a result of such failure or delay.
‘Virtuse’ is trademark of Virtuse Exchange. Other marks, graphics, typefaces, trademarks and logos appearing on the Website are trademarks or trade dress of Virtuse Exchange. All other trademarks appearing on the Website are property of their respective owners. Our trademark and trade dress may not be used in any manner for any purpose without our express written consent.