FincBloc

TERMS OF USE

Thank you for visiting FincBloc.com. By visiting, accessing or using FincBloc.com and associated mobile applications downloaded from the Apple App Store or the Google Play Store (“FincBloc Platform”, “FincBloc”), you (“User”, “You”) agree that you have read, understood and accepted and consented to the Terms of Use (the “Terms”) set out below. The services on the FincBloc Platform are provided by BuildLight Future Limited.

BY MAKING USE OR SIGNING UP FOR fincbloc.COM SERVICES, YOU ACKNOWLEDGE AND AGREE THAT: .

  • The digital currencies themselves are not offered by any financial institution, corporation and/or FincBloc.
  • You are aware of the risks associated with transactions of digital currencies and their derivatives. For more information, please familiarize yourself with the risks associated with investing in or trading digital assets, a non-exhaustive General Risk Warning can be found at https://fincbloc.com/en/risk-warning.
  • You shall assume all risks related to the use of FincBloc Services (defined at clause 9.1 below) and transactions of digital currencies and their derivatives.
  • FincBloc shall not be liable for any such risks or adverse outcomes.
  • FincBloc is not your broker, intermediary, agent, or advisor and has no fiduciary relation or obligation to you in connection with any trades and/or transactions and/or other decisions or activities effected by you when using the FincBloc Services. No communication or information provided to you by FincBloc is intended as, or shall be considered or construed as, investment advice, financial advice, trading advice or any other sort of advice.
  • Unless otherwise specified in these Terms, all trades are executed automatically, based on the parameters of your order instructions and in accordance with posted trade execution procedures. You are solely responsible for determining these parameters as part of your trading strategy according to your personal financial circumstances, risk tolerances and trading objectives and agree that you are solely responsible for any loss or liability therefrom. You should consult legal and tax professionals regarding your specific situation. FincBloc does not recommend digital assets should be bought, earned, sold or held by you. Before making the decision to buy, sell or hold any digital asset, you should conduct your own due diligence. FincBloc will not be held responsible for the decisions you make to buy, sell, or hold digital assets based on the information provided by FincBloc.

1. ABOUT

  1. fincbloc mainly serves as a global online platform for digital assets trading, and providers users with a trading platform and other digital assets related Services. Users must, in accordance with the Terms herein, register and open an account with fincbloc and deposit digital assets into their account prior to trading. Users may, subject to the restrictions set out in these Terms, apply for withdrawal of their digital assets.
  2. Although fincbloc commits to maintaining the accuracy of the information provided through to its users, fincbloc cannot and does not guarantee its accuracy, applicability, reliability, integrity, performance or appropriateness, nor shall fincbloc be liable for any loss or damage that may be caused directly or indirectly arising from your use of the information provided to you. The information provided by fincbloc may change without notice, and you agree to do your own research and thereafter, make independent decisions despite the information provided by fincbloc. fincbloc does not provide investment or consulting advice of any kind, and is not responsible for the use or interpretation of information on fincbloc. All users of fincbloc must understand the risks involved in digital assets trading, and are recommended to exercise prudence and trade responsibly within their own capabilities.

2. INTRODUCTION

  1. By accessing, using, visiting and by clicking “Sign up” on the fincbloc Platform, you acknowledge that you accept and agree to be bound by these Terms and any terms incorporated by reference (if any). You further agree that these Terms constitute a legal agreement and create a binding contract between you and fincbloc.
  2. If you do not agree to be bound by these Terms, you must not access and utilize the fincbloc Platform and should leave immediately.
  3. If you do not agree to be bound by the updated Terms, policy and/or guidelines, you agree that your sole remedy is to immediately close your account on the fincbloc Platform, in any event, within 30 days of such update being notified on the fincbloc Platform. You agree that your continued use of the fincbloc Platform after such 30-day period will constitute acceptance of the updated Terms.
  4. fincbloc reserves the right to change or modify or amend (as the case may be) these Terms, including any policy and guidelines at anytime and at fincbloc’s sole discretion, subject to applicable laws and regulations. fincbloc will notify such changes, modifications and amendments by updating the Terms on the fincbloc Platform, and such changes, modifications and amendments shall take effect immediately upon being published on the fincbloc Platform.
  5. Unless explicitly provided for through fincbloc’s written notice, you agree that the Terms take precedence over any other agreement you may have with us.
  6. While fincbloc may, at its sole and absolute discretion translate these terms into a language other than the English language, you agree that any such translation shall only be for your convenience and the English text shall prevail in the event of any ambiguity, discrepancy or omission as between the English text and any translated text.
  7. You agree that any official communications with you will, unless agreed otherwise, be made in the English language.

3. REGISTRATION

  1. All users must apply for a fincbloc account at (https://fincbloc.com/register) before using fincbloc. When you register a fincbloc account, you must provide information depending on whether you are an individual or acting on behalf of a legal entity set out below. fincbloc may refuse, in its absolute sole discretion to offer services to you or open an account for you.
  2. You agree, as part of your account registration, to provide complete and accurate information when registering a fincbloc account. You further agree to provide fincbloc with timely updates of information as and when such changes are effected. You agree that you may maintain only one account on fincbloc at any given time.
  3. You agree that any fincbloc account registered can only be operated and/or used by the account registrant. fincbloc reserves the right to suspend, freeze, or cancel the use of the fincbloc account by persons other than the account registrant. If you suspect of become aware of any unauthorized use of your fincbloc username and/or password, you should notify fincbloc immediately. fincbloc assumes no liability for any loss or damage (howsoever arising) from the use of your fincbloc account by you or any third party with or without authorization.

4. ELIGIBILITY

  1. If you are an individual, you agree that by accessing or using the fincbloc Platform, you represent, agree and warrant that you are at least 18 years of age and legally capable of forming a binding contract under applicable laws.
  2. If you are accessing or using the fincbloc Platform on behalf of a legal entity, you represent agree and warrant that such legal entity is duly organized and validly existing under applicable laws of the jurisdiction of incorporation AND you are duly authorized by such legal entity to act on its behalf.
  3. Regardless of whether you are an individual or acting on behalf of a legal entity, you represent, agree and warrant that: (a) you have not previously been suspended or removed from using the fincbloc Platform; (b) you do not have an existing fincbloc account; (c) you will not transact with anyone on any trade or economic sanctions lists of any competent authority, including (for example) but not limited to the list of Specially Designated Nationals maintained by the Office of Foreign Assets Control of the U.S Department of the Treasure (OFAC) or the United Nations Security Council Sanctions List; (d) your use of the fincbloc Platform will not violate any and all laws and regulations applicable to your or the legal entity on whose behalf you are acting, including but not limited to laws, regulations, guidelines on anti-money laundering, anti-corruption and counter-terrorist financing.
  4. Please note that there are legal requirements in various countries which may restrict the products and services that fincbloc can lawfully provide. Accordingly, some products, services, and certain functionality on the fincbloc Platform may not be available to you, or may be restricted in certain jurisdictions or regions or to certain users. You agree that you shall be responsible for informing yourself about and observing any restrictions and/or requirements imposed with respect to the access to and use of the fincbloc Platform in your local jurisdiction from which you accessed the fincbloc Platform. fincbloc reserve the right to change, modify, amend and/or impose additional restrictions with respect to your access to the fincbloc Platform from time to time and in its sole discretion without prior notification.

5. USER IDENTITY VERIFICATION

  1. Your registration of an account with fincbloc will be deemed your agreement to provide required personal information for identity verification. Such information will be used to verify users’ identity, identify traces of money laundering, terrorist financing, fraud and other financial crimes through fincbloc, or for other lawful purposes stated by fincbloc. We will collect, use and share such information in accordance with our Privacy Policy. In addition to providing such information, you agree to allow us to keep a record of that information during the period for which your account is active and within five (5) years after your account is closed, in compliance with global industry standards on data storage.
  2. You also authorize us to conduct necessary investigations directly or through a third party to verify your identity or protect you and/or us from financial crimes, including but not limited to, fraud and money laundering. The information we require to verify your identity may include, but is not limited to your name, email address, contact information, phone number, username, government-issued ID, date of birth and other information (as required) during account registration.
  3. When providing the required information, you confirm that you shall only furnish true and accurate copies of documents and information.
  4. After registration of a fincbloc account, you agree to ensure that the information you have disclosed at clause 5.2 above remains true, complete and accurate. If there are any grounds for believing that any of the information you have provided is incorrect, false, outdated or incomplete, fincbloc reserves the right to send you a notice to demand correction, directly delete the relevant information, and, as the case may be, terminate all or part of the fincbloc Services that is provided for you.
  5. You agree that to access fincbloc, submission of certain personally identifiable information will be necessary. In this connection, please review fincbloc’s Privacy Policy at https://fincbloc.com/en/privacy for a summary of fincbloc’s guidelines regarding the collection and use of personally identifiable information.