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Terms of Service

DACX TERMS OF SERVICE

Please read these Terms of Service fully and carefully before using our site and the services, features, content, and applications offered in connection with DACX UK LIMITED (collectively, “DACX”) in reference to https://dacx.io and https://www.dacx.exchange by DACX (“we”; “our”; “us”). These Terms of Service set forth the legal binding terms and conditions for your use of DACX.

AGREEMENT TO TERMS OF SERVICE AND CONDITIONS

  • By registering for and/or using DACX websites and services in any manner, you agree to these Terms of Service and all other operating rules, policies and procedures that may be published from time to time on or within DACX sites, each of which is incorporated by reference and each of which may be updated without notice to you.
  • These Terms of Service applies to all users of DACX, including, without limitation, users who are contributors of content, information, and other materials or services, registered or otherwise.
  • DACX reserves the right to modify, change, or replace the Terms at any time and at its sole discretion. DACX may or may not provide notice of these changes by updating the revised Terms on its webpage. It is your responsibility to check these Terms of Service periodically for changes. Any and all modifications, changes, or replacement to these Terms will be effective immediately, upon having last revised date shown, you can see when it was last updated or modified. As such, your continued use of DACX services acts as acceptance of the amended agreements and conditions. If you do not agree to any modification to these Terms, you must stop using the DACX Services.
  • Please read these Terms carefully before using the DACX Websites and Services because they affect your legal rights and obligations.

ELIGIBILITY

To be eligible to use DACX services, you represent and warrant that you are at least 18 years old or of legal age under applicable law. If you are under 18 years old, you may not, under any circumstances, use any of DACX services. We may, at our sole discretion refuse to offer DACX to any person or entity and change our eligibility criteria at any time. You are solely responsible for ensuring that these Terms of Service are in compliance with all laws, rules and regulations applicable to the jurisdiction you reside in and the right to access DACX is revoked where these Terms of Service or use of DACX is prohibited or to the extent offering, sale or provision of DACX conflicts with any applicable law, rule or regulation. Residents of United States, China, Iran, and North Korea are not permitted to use DACX at this time due to regulatory reasons. DACX services are offered only for your personal interest, and not for the use or benefit of any third party.

ACCOUNT

  • Registration

In order to use our services, you will be responsible for creating an account through the DACX services. You will be required to provide DACX with complete and accurate information and documentation, including, as applicable, the information and documentation associated with identity verification to enable functions for DACX services. You must maintain and monitor the security of your DACX Account by protecting your password from unauthorized access or use.

  • Account Responsibility and Security

You are solely responsible for all activities that occur on your Account, and making sure the password for your Account is secure. You acknowledge and agree that we cannot guarantee that unauthorized third parties will not be able to defeat our security measures. You must notify us immediately of any breach of security or other unauthorized use of your Account, then DACX will take reasonable steps to protect your account. You should never distribute or provide login information to any users or parties for your Account. You agree and acknowledge that DACX will not be responsible for any loss or results of authorized or unauthorized use of your Account credentials including but not limited to information disclosure.

DACX offers security features for your account such as two-factor authentication. We recommend and encourage, but not required, users of DACX services to enable and use the security features.

  • Identity Verification

With the registration of DACX account, you understand and agree to provide us with the required personal information we request for the purposes of identity verification and screening procedures for the detection of money laundering, money manipulation, fraud, terrorist financing, or any other financial crimes and permit us to keep a record of the information. You are required to complete the ID Verification procedures before you are permitted to use DACX Services. Your access to one or more DACX Services and the limits that are applicable to your use of the DACX Services, may be altered as a result of information collected about you on an ongoing basis. The information we request may include certain personal information, including, but not limited to, your name, address, email address, date of birth, and a government identification. By providing us with this or any other information that may be required, you confirm that the information provided is accurate and truthful. You agree to keep us updated if any of the information provided changes. You agree and acknowledge to permit DACX to make inquiries to verify your identity or protect you and/or us against any financial crime, and to enforce the necessary action based on the results of such inquiries. 

RISK DISCLOSURES

By entering or using any DACX services, you agree and acknowledge to choose to engage in a risky financial trading platform. By continuously acknowledging that you are fully aware of the risks associated with the use of these services and with engaging in, but not limited to, transactions in cryptocurrencies, including but not limited to, risks of financial loss, technology glitches (including but not limited to problems with the blockchain technology), and security breach. DACX will constantly work hard to provide improvement in systems and security. Some issues and risks are unavoidable, and if such issues or problems arises when using any of DACX services, it may take some time to resolve, and under no circumstance these issues and problems will be guaranteed to be resolved. By agreeing to these terms, you acknowledge that DACX is not responsible for unforeseen risks, and you agree to accept such risks in making decision to engage in services on DACX platform. 

PRIVACY POLICY

Your privacy is very important to us, please refer to the privacy policy for information on how DACX collects, uses, and shares your information. 

EXCHANGE ORDERS AND TRADES

To learn more about orders and trades on DACX exchange platform, please refer to the FAQ section for information.

FEES

You agree under these terms to pay DACX the different types of fees such as but not limited to transfer fees, trading fees, and other applicable fees set forth at which it may be updated from time to time under DACX sole discretion. You acknowledge that any changes to the fees of which, may be updated without notice to you. You agree to authorize DACX to remove any amounts from your Account wallet for any applicable fees owed by you under these Terms.

SUSPENSION, TERMINATION, AND CANCELLATION.

DACX may temporarily suspend, or permanently terminate and/or cancel your access to all or any part of DACX service account at any time, with or without cause, with or without notice, effective immediately, which may result in the forfeiture and destruction of all information associated with your Account. You acknowledge that our decision to take certain actions, including limiting access to, suspending, or closing your DACX Account, may be based on confidential criteria that are essential for the purposes of our risk management and security protocols. You agree that we are under no obligation to disclose the details of its risk management and security procedures to you.

INTELLECTUAL PROPERTY

You agree and acknowledge that you will not engage in any transactions that will infringe or violate any copyright, trademark, proprietary rights, and/or rights of privacy or publicity under the law, including but not limited to sales, export, license, modify, copy, distribute, or transmit any of DACX platform or services without DACX prior written consent.

THIRD-PARTY MATERIALS AND AGREEMENTS

In using the Services, you may be able to access, download, store or use Third-Party Services, resources, content or information (“Third Party Materials”) via DACX. By using DACX to find and collect material on the Internet, you instruct us to present portions of the data sources that you have selected. You acknowledge sole responsibility for and assume all risk arising from your access to or use of any such Third-Party Materials and we disclaim any liability that you may incur arising from your access to or use of such Third-Party Materials through DACX. You acknowledge and agree that we: 1. are not responsible for the availability or accuracy of such Third Party Materials or the products or services on or available from such Third Party Materials; 2. have no liability to you or any third party for any harm, injuries or losses suffered as a result of your access to or use of such Third Party Materials; and 3. do not make any promises to remove Third-Party Materials from being accessed through DACX. Your ability to access or link to Third-Party Materials or Third-Party Services does not imply any endorsement by us of Third-Party Materials or any such Third-Party services.         

USER CONTENT

You agree that all Contents added, created, uploaded, curated, submitted, distributed, or posted to DACX by you, whether publicly posted or privately transmitted (collectively “User Content”), is the sole responsibility of the user who originated it. You acknowledge that all Content accessed by you using DACX is at your own risk and you will be solely responsible for any damage or loss to you or any other party resulting therefrom. When you delete your User Content, it will be removed from DACX. However, you understand that (a) certain User Content will remain available and (b) any removed User Content may persist in backup copies for a reasonable period of time (but will not following removal be shared with others). DACX may remove any User Content from the Site for any reason under DACX sole discretion. 

DISCLAIMER OF WARRANTIES

DACX AND ALL CONTENT ARE PROVIDED “AS IS”, “AS AVAILABLE” AND WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, AND ANY WARRANTIES IMPLIED BY ANY COURSE OF PERFORMANCE OR USAGE OF SERVICE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED. WE, AND OUR DIRECTORS, EMPLOYEES, AGENTS, SUPPLIERS, AFFLILIATES, ADVISORS, PARTNERS AND CONTENT PROVIDERS DO NOT WARRANT THAT: (1) DACX WILL BE SECURE OR AVAILABLE AT ANY PARTICULAR TIME OR LOCATION; (2) ANY DEFECTS OR ERRORS WILL BE CORRECTED; (3) ANY CONTENT OR SOFTWARE AVAILABLE AT OR THROUGH DACX IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS; OR (4) THE RESULTS OF USING DACX WILL MEET YOUR REQUIREMENTS. YOUR USE OF DACX IS SOLELY AT YOUR OWN RISK. SOME JURISDICTIONS DO NOT ALLOW LIMITATIONS ON IMPLIED WARRANTIES, SO THE FOREGOING LIMITATIONS MAY NOT APPLY TO YOU

INDEMNIFICATION

You agree to defend, indemnify and hold harmless us, our affiliates, and each of our respective directors, licensors, officers, advisors, employees, agents, representatives, suppliers, contractors  and merchant partners harmless from and against any claim, demand, lawsuit, action, proceeding, investigation, liability, damage, loss, costs or expenses, including without limitation reasonable attorneys’ fees, arising out of or relating to (a) your use of, or conduct in connection with the Services; (b) any Feedback or User Content you provide; (c) your violation of these Terms; or (d) your violation of any applicable law or the rights of any other person or entity. If you are obligated to indemnify any Indemnified Party, DACX or, at DACX’s discretion, the applicable Indemnified Party will have the right, in its sole discretion, to control any action or proceeding and to determine whether DACX wishes to settle, and if so, on what terms.

DISCLAIMER OF DAMAGES

IN NO EVENT SHALL WE, OUR AFFILIATES, NOR ANY OF OUR RESPECTIVE DIRECTORS, LICENSORS, ADVISORS, OFFICERS, EMPLOYEES, CONTRACTORS, AGENTS, PARTNERS, SUPPLIERS, REPRESENTATIVES OR CONTENT PROVIDERS, BE LIABLE UNDER CONTRACT, TORT, STRICT LIABILITY, NEGLIGENCE OR ANY OTHER LEGAL OR EQUITABLE THEORY WITH RESPECT TO DACX (I) FOR ANY LOST PROFITS, DATA LOSS, COST OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, OR SPECIAL, DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER, SUBSTITUTE GOODS OR SERVICES (HOWEVER ARISING); OR (II) FOR ANY BUGS, VIRUSES, TROJAN HORSES, OR THE LIKE (REGARDLESS OF THE SOURCE OF ORIGINATION). NOTWITHSTANDING THE FOREGOING, UNDER NO CIRCUMSTANCES SHALL SUCH LIABILITY EXCEED ANY DAMAGES IN EXCESS OF THE AMOUNT YOU PAID FOR DACX OR THE DACX APPLICATION IN THE AGGREGATE. SOME COUNTRIES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATIONS AND EXCLUSIONS MAY NOT APPLY TO YOU.

LIMITATION OF LIABILITY

IN NO EVENT WILL THE LIABILITY OF DACX, OUR AFFILIATES, SERVICE PROVIDERS, OR ANY OF OUR RESPECTIVE MEMBERS, DIRECTORS, ADVISORS, LICENSORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, PARTNERS, SUPPLIERS OR CONTRACTORS BE LIABLE IN CONNECTION WITH THE WEBSITES, THE SERVICES, THE MATERIALS, ANY PERFORMANCE OR NON-PERFORMANCE OF THE SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF DACX, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY (INCLUDING, AVOIDANCE OF DOUBT, ANY NEGLIGENCE OF DACX) EXCEED THE AMOUNT OF THE FEES PAID BY YOU TO DACX UNDER THIS AGREEMENT.

DISPUTE RESOLUTION; COMPLAINTS; ARBITRATION; CLASS ACTION WAIVER

  • Disputes and Complaints

Any dispute or complaint with DACX, you agree to contact DACX support team to attempt to resolve any dispute or complaint.

  • Arbitration

You agree to contact and resolve any dispute with DACX first before filing any arbitration claim. If you do not follow the procedures given by DACX when the dispute arises before filing an arbitration claim, we shall have the right to ask the arbitrator or court to dismiss your filing unless and until you complete the given procedure when dispute arises. By agreeing to these Terms of Service you are agreeing that any rules, laws, or regulations governing “consumer” arbitrations are inapplicable, arbitration of any disputes arising out of or relating to your use of the Services will be in London, UK and relinquish any right to arbitrate in any other location, including your hometown.

  • CLASS ACTION WAIVER:

TO THE EXTENT PERMISSIBLE BY LAW, BOTH YOU AND DACX ARE GIVING UP THE RIGHT TO LITIGATE (OR PARTICIPATE IN AS A PARTY OR CLASS MEMBER) THOSE DISPUTES IN COURT BEFORE A JUDGE OR JURY. THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS OR ENGAGE IN ANY CLASS ARBITRATION. YOU ACKNOWLEDGE THAT, BY AGREEING TO THESE TERMS, YOU AND DACX ARE EACH WAIVING THE RIGHT TO A TRIAL BY JURY AND THE RIGHT TO PARTICIPATE IN A CLASS ACTION.

GOVERNING LAW

These Terms of Service shall be governed by and construed in accordance with the laws of each regulatory jurisdiction, without regard to principles of conflict of laws, you agree that any dispute arising from or relating to the subject matter of these Terms of Service shall be governed by the exclusive jurisdiction between you and DACX.