1. Introduction:
Welcome to PEX INDEX EXCHANGE, your premier destination for virtual assets exchange services. This comprehensive document outlines the terms and conditions governing your relationship with PEX INDEX EXCHANGE as a user of our platform. By accessing or utilizing any of our Services, you are entering into a legally binding agreement with PEX INDEX EXCHANGE and agree to comply with the terms set forth herein.
2. Account Registration:
To ensure seamless access to our Services, you are required to complete the registration process and create an account with PEX INDEX EXCHANGE. During registration, you must provide accurate, current, and complete information. This includes personal details such as your full name, email address, contact information, and government-issued identification. Failure to provide accurate information may result in the suspension or termination of your account. You are responsible for maintaining the confidentiality of your account credentials and for promptly notifying us of any unauthorized use of your account.
3. Compliance with Laws:
PEX INDEX EXCHANGE operates in strict compliance with all applicable laws, regulations, and industry standards. As a user of our platform, you are required to adhere to these regulations, including but not limited to anti-money laundering (AML) and counter-financing of terrorism (CFT) requirements. We may request additional information or documentation from you to verify your identity and ensure compliance with regulatory obligations. It is imperative that you cooperate fully with any such requests to facilitate a smooth and compliant user experience.
4. Exchange and Transactions:
PEX INDEX EXCHANGE provides a secure and efficient platform for the Exchange of virtual assets and related transactions. However, it is essential to understand that cryptocurrency Exchange involves inherent risks, including market volatility and price fluctuations. By using our Services, you acknowledge and accept these risks and agree to conduct your exchange activities responsibly and in accordance with applicable laws and regulations. You are solely responsible for your Exchange decisions and outcomes.
5. Fees and Charges:
Certain Services provided by PEX INDEX EXCHANGE may be subject to fees and charges. These fees may include but are not limited to exchange fees, withdrawal fees, and account maintenance fees. By using our Services, you agree to pay all applicable fees and charges as outlined in our fee schedule. PEX INDEX EXCHANGE reserves the right to adjust its fee schedule at any time with prior notice to its clients. It is your responsibility to review and understand our fee schedule before engaging in any transactions on our platform.
6. Termination:
PEX INDEX EXCHANGE reserves the right to suspend or terminate your access to the Services at any time and for any reason. This includes but is not limited to violation of our terms and conditions, failure to comply with regulatory requirements, or suspicion of fraudulent activity. You may terminate your account with PEX INDEX EXCHANGE at any time by providing written notice and completing any necessary closure procedures. Upon termination, you remain responsible for any outstanding obligations or liabilities incurred prior to the termination date.
7. Limitation of Liability:
Under no circumstances shall PEX INDEX EXCHANGE be liable for any direct, indirect, incidental, special, or consequential damages arising from your use of the Services. This includes but is not limited to loss of profits, loss of data, or loss of business opportunities. PEX INDEX EXCHANGE's total liability to you shall not exceed the amount paid for the Services during the preceding twelve months. It is important to acknowledge and accept these limitations of liability before using our platform.
8. Governing Law and Dispute Resolution:
This Agreement shall be governed by and construed in accordance with the laws of the United Arab Emirates. Any disputes arising from or relating to this Agreement shall be resolved through arbitration in accordance with the rules of the Dubai International Financial Centre (DIFC) Arbitration Centre. By using our Services, you agree to submit to the jurisdiction of the courts located in the United Arab Emirates for the resolution of any disputes or claims arising under this Agreement.
9. Amendments and Modifications:
PEX INDEX EXCHANGE reserves the right to modify or amend these terms and conditions at any time without prior notice. Your continued use of the Services following any such modifications constitutes acceptance of the updated terms and conditions. We will notify you of any material changes to this Agreement through appropriate communication channels. It is your responsibility to regularly review these terms and conditions to stay informed of any updates.
10. Entire Agreement:
This Agreement constitutes the entire agreement between PEX INDEX EXCHANGE and you, superseding all prior agreements and understandings. It governs your use of our Services and sets forth the rights, obligations, and responsibilities of both parties. Any waiver of any provision of this Agreement will be effective only if in writing and signed by PEX INDEX EXCHANGE. If any provision of this Agreement is determined to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.