USER AGREEMENT,VERSION 1.02,LAST REVISED ON:MAY 21,2020,Thisuser agreement(this“Agreement”) setsforth the legally binding terms and conditions your access to and use of ,any websites, mobile sites, mobile applications, desktop applications, products or services (the “Services”)offered by,Zanmai Labs Private Limited (“Zanmai”) and “Binance”(to the extent further described below)(“WazirX”, “us”, ,“our”, and “we”).
The “User”, “you”, “your”shall refer to any natural person or entityand its authorized usersthat ,subscribes oruses the Services.Certain features of the Site may be subject to additional guidelines, terms, or rules, ,which will be posted on the Site in connection with such features.
All such additional terms, guidelines, and rules are ,incorporated by reference into this Agreement.,BY ACCESSING OR USING THE SERVICES, YOU ARE ACCEPTING THIS AGREEMENT(ON BEHALF OF ,YOURSELF OR THE ENTITY THAT YOU REPRESENT), AND YOU REPRESENT AND WARRANT THAT ,YOU HAVE THE RIGHT, AUTHORITY, AND CAPACITY TO ENTER INTO THIS AGREEMENT(ON ,BEHALF OF YOURSELF OR THE ENTITY THAT YOU REPRESENT).
YOU MAY NOT ACCESS OR USE ,THE SERVICESOR ACCEPT THISAGREEMENTIF YOU ARE NOT AT LEAST 18YEARS OLD.
IF YOU ,DO NOT AGREE WITH ALL OF THE PROVISIONS OF THIS AGREEMENT, DO NOT ACCESS AND/OR USE ,THE SITE.,THESE TERMS REQUIRE THE USE OF ARBITRATION (SECTION 13.1) ON AN INDIVIDUAL BASIS TO ,RESOLVE DISPUTES, RATHER THAN JURY TRIALS OR CLASS ACTIONS, AND ALSO LIMIT THE ,REMEDIES AVAILABLE TO YOU IN THE EVENT OF A DISPUTE.,Wemay amend thisAgreementrelated to the Services from time to time.
Amendments will be effective upon our,posting of such updated Agreementat this location or the amended policies or supplemental terms on the applicable ,Service.
Your continued access or use of the Services after suchposting constitutes your consent to be bound by the ,Agreement, as amended.,YOU ACKNOWLEDGE THAT TRADING IN CRYPTOCURRENCIESINVOLVES A HIGH DEGREE OF RISK.
,CRYPTOCURRENCIESARE SUBJECT TO CONSTANT AND FREQUENT FLUCTUATIONS IN VALUE AND ,EXCHANGE RATES, AND THE VALUE OF YOUR CRYPTOCURRENCY ASSETS MAY INCREASE OR ,DECREASE AT ANY TIME.
ACCORDINGLY, YOU MAY SUFFER A COMPLETE LOSS OF THE FUNDS ,HELD IN YOUR ACCOUNT.
YOU ACKNOWLEDGE THAT YOU ARE SOLELY RESPONSIBLE FOR ,DETERMINING THE NATURE, SUITABILITY, AND APPROPRIATENESS OF THESE TRADING RISKS FOR ,YOU.YOU ACKNOWLEDGE AND AGREE THAT WAZIRXBEARS NORESPONSIBILITY OR LIABILITY ,TO YOU OR ANY OTHER PERSON WHATSOEVER FOR ANY LOSSES OR GAINS INCURRED IN ,CONNECTION WITH YOUR USE OF THE SERVICES.YOU ALSO ACKNOWLEDGE AND AGREE THAT ,WAZIRXDOES NOT GIVE ADVICE OR RECOMMENDATIONS REGARDING THE TRADING OF ,CRYPTOCURRENCIES,INCLUDING THE SUITABILITY AND APPROPRIATENESS OF, AND ,INVESTMENT STRATEGIES FOR, CRYPTOCURRENCIES.,YOU ALSOACKNOWLEDGE AND AGREETHAT WAZIRXAND YOUR ABILITY TO USE THE SERVICES ,MAY BE DETRIMENTALLY IMPACTED BY REGULATORY ACTION OR CHANGES IN REGULATIONS ,APPLICABLE TO CRYPTOCURRENCY.
YOU AGREE THAT WE MAY DISCLOSE YOUR PERSONAL AND ,ACCOUNT INFORMATION IF WE BELIEVE THAT IT IS REASONABLY NECESSARY TO COMPLY WITH ,A LAW, REGULATION, LEGAL PROCESS, OR GOVERNMENTAL REQUEST.,YOU HEREBY ACKNOWLEDGE AND AGREE THAT WAZIRX IS NOT AFINANCIAL INSTITUTION, BANK, ,CREDIT UNION, TRUST, HEDGE FUND, BROKERORINVESTMENT OR FINANCIAL ADVISOR,AND IS ,NOT SUBJECT TO THE SAME LAWS, REGULATIONS, DIRECTIVES OR REQUIREMENTS APPLICABLE ,TO SUCH PERSONS.
YOU ACKNOWLEDGE AND AGREE THAT NO ORAL OR WRITTEN INFORMATION ,OR ADVICE PROVIDED BY WAZIRX, ITS OFFICERS, DIRECTORS, EMPLOYEES, OR AGENTS, NOR ANY ,INFORMATION OBTAINED THROUGH THE SERVICES, WILL OR SHALL CONSTITUTE INVESTMENT, ,OR FINANCIAL ADVICE.
YOU ARE SOLELY AND EXCLUSIVELY RESPONSIBLE FOR ALL TRADING ,DECISIONS MADE BY YOU WHILE USING THE SERVICES.,WAZIRX IS MERELY A TECHNOLOGYPLATFORM AND YOU ARE SOLELY AND ENTIRELY ,RESPONSIBLE FOR THE LEGAL, REGULATORY AND TAX COMPLIANCE OF ALL TRANSACTIONS ,CARRIED OUT BY YOU USING THE SERVICES.
,1.ACCOUNTS ,1.1Account Creation.
In order to use certain features of theSite, you must register for an account ,(“Account”) and provide certain information about yourself as prompted by the account registration form.
You ,represent and warrant that: (a) all required registration information you submit is truthful and accurate.
(b) you will ,maintain the accuracy of such information.
(c) your use of the Services is and shall be in accordance with applicable ,law.You may delete your Account at any time, for any reason, by following the instructions on the Site.
WazirXmay ,suspendor terminate your Account in accordance with Section 9.
,1.2Identity Verification.You agree to provide us with the information we request for the purposes of ,identity verification and the detection of money laundering, terrorist financing, fraud, or any other financial crime and ,permit us to keep a record of such information.
You will need to complete certain verification procedures before you ,are permitted to use the Services and your access to the Services may be altered as a result of information collected ,on an ongoing basis.
The information we request may include certain personal information, including, but not limited ,to, your name, address, telephone number, e-mail address, date of birth, taxpayer identification number, government ,identification number, and information regarding your bank account (such as the name of the bank, the account type, ,routing number, and account number).
In providing us with this or any other information that may be required, you ,confirm that the information is accurate and authentic.
You agree to update this information and keep it current at all ,times.
You authorize us to make the inquiries, whether directly or through third parties,that we consider appropriate, ,in our sole discretion, to verify your identity or protect you and/or us against fraud or other financial crimes, and to ,take action we reasonably deem necessary based on the results of such inquiries.,1.3Certain Restrictions.By using the Services, you represent and warrant that:(i) neither you nor any ,of your directors, officers, employees, agents, affiliatesor representativesis an individual or an entity that is, or is ,owned or controlled by an individual or entity that is(a) currently the subject of any Sanctions, or (b) located, ,organized or resident in a Designated Jurisdiction.
(ii) youhave complied in all material respects with all applicable ,laws relating to Sanctions, anti-terrorism, anti-corruption and anti-money laundering.
and (iii) youhave instituted and ,maintained policies and procedures designed to promote and achieve compliance with such laws.For the purpose of ,this Agreement, “Designated Jurisdiction” means any country or territory to the extent that such country or territory ,itself is the subject of any Sanction;“Sanction(s)” means any international economic sanction administered or ,enforced by the United States Government (including OFAC), the United Nations Security Council, the European ,Union or other relevant sanctions authority.,1.4Account Responsibilities.You are responsible for maintaining the confidentiality of your Account ,login information and are fully responsible for all activities that occur under your Accountincluding all consequences ,underapplicable laws.You agree to immediately notify WazirXof any unauthorized use, or suspected unauthorized ,use of your Account or any other breach of security.
WazirXcannot and will not be liable for any loss or damage ,arising from your failure to comply with the above requirements.,1.5Compliance.You are solely responsible for ensuring that your use of the Services isin compliance ,with all laws, rules and regulations applicable to you and the right to access the Services is automatically revoked ,where use of the Services is prohibited or to the extent that the offering, sale or provision of the Services conflicts ,withany law, rule or regulation applicable to you.,1.6Available Only Where Permitted by Law.
The Services are only availableinjurisdictions where ,they may be legally offeredfor sale.
The Services are not available to “U.S.
Persons”, as such term is defined under ,Regulation S promulgated under the Securities Act of 1933.
By accessing or using the Site, you represent and warrant ,that youare not a U.S.
Person.,2.ACCESS TO THE SERVICES,2.1License.
Subject to this Agreement, WazirXgrants you a non-transferable, non-exclusive, ,revocable, limited license to use and access the Servicessolely for your own personalor internal business purposes, ,in accordance with the Account type you are currently subscribingto.,2.2Modification.WazirXreserves the right, at any time, to modify, suspend, or discontinue the ,Services(in whole or in part) with or without notice to you.
You agree that WazirXwill not be liable to you or to any ,third party for any modification, suspension, or discontinuation of the Servicesor any part thereof.,2.3No Support or Maintenance.You acknowledge and agree that WazirXwill have no obligation to ,provide you with any support or maintenance in connection with the Services.,2.4Ownership.You acknowledge that all the intellectual property rights, including copyrights, ,patents, trademarks, and trade secrets, in the Servicesand its content are owned by WazirXor its suppliers.
Neither ,this Agreement(nor your access to the Services) transfers to you or any third party any rights, title or interest in or to ,such intellectual property rights, except for the limited access rights expressly set forth in Section 2.1.
WazirXand its ,suppliers reserve all rights not granted in this Agreement.
There are no implied licenses granted under this Agreement.,2.5Feedback.If you provide WazirX with any feedback or suggestions regarding the Site ,(“Feedback”), you hereby assign to WazirX all rights in such Feedback and agree that WazirX shall have the right to ,use and fully exploit such Feedback and related information in any manner it deems appropriate.
WazirX will treat ,any Feedback you provide to WazirX as non-confidential and non-proprietary.
You agree that you will not submit to ,WazirX any information or ideas that youconsider to be confidential or proprietary.,3.PROHIBITED ACTIVITIES,3.1Prohibited Activities.
In connection with your use of Services, you hereby agree that you will not:,(a)violate (or assist any other party in violating) any applicable law, statute, ordinance,or ,regulation;,(b)intentionally try to defraud (or assist in the defrauding of) WazirX or any other User;,(c)provide false, inaccurate, or misleading information;,(d)tradetakingadvantage of any technical glitch, malfunction, failure, delay, default, or ,securitybreach;,(e)take any action that interferes with, intercepts, or expropriates any system, data, or ,information;,(f)partake in any transaction involving the proceeds of illegal activity;,(g)attempt to gain unauthorized access to other WazirX Accounts, the Services, or any related ,networks or systems;,(h)use the Services on behalf of any third party or otherwise act as an intermediary between ,WazirX and any third parties;,(i)use the Services to engage in conduct that is detrimental to WazirXor to any other User or ,any other third party;,(j)collect any user information from other Users, including, without limitation, email ,addresses;,(k)defame, harass, or violate the privacy or intellectual property rights of WazirX or any other ,User.
or,(l)upload, display or transmit any messages, photos, videos or other media that contain illegal ,goods, pornographic, violent, obscene or copyrighted images or materials for use as an avatar, in connection with a ,payment or payment request, or otherwise.,(m)In addition, you agree not to: (i) upload, transmit, or distribute to or through the Services ,any computer viruses, worms, or any software intended to damage or alter a computer system or data.
(ii) interfere ,with, disrupt, or create an undue burden on servers or networks connected to the Services, or violate the regulations, ,policies or procedures of such networks.
(iii) attempt to reverse engineer, de-compile, disable, interfere with, ,disassemble, copy, or disrupt the integrity or the performance of the Services, any third-party use of the Services, or ,any third-party data contained therein (except to the extent such restrictions are prohibited by applicable law.
or (iv) ,access the Services in order to build a competitive product or service or copy any ideas, features, functions, or graphics ,of the Services.,3.2Enforcement.
We reserve the right (but have no obligation) to investigate and/or take appropriate ,action against you in our sole discretion if you engage in Prohibited Activitiesor violate any other provision of this ,Agreementor otherwise create liability for us or any other person.
Such action may include,in oursole and absolute ,discretion,terminating your Account in accordance with Section 9, reporting you to law enforcement authorities,without providing any notice of you about any such reportandconfiscatingany balance remaining in an Account,which has been terminated.,4.THIRD-PARTY PRODUCTS AND SERVICES;OTHER USERS,4.1Third-Party Services.
You acknowledge that the Service will enable or assist you to access, ,interact with, and/or purchase services from several supported platforms and other third parties via third-party websites ,or applications(collectively, “Third-Party Services”).
Such Third-Party Services are not under the control of ,WazirX, WazirX does not review, approve, monitor, endorse, warrant, or make any representations with respect to ,Third-Party Services and is not responsible for any Third-Party Services.You use all Third-Party Services at your ,own risk, and should apply a suitable level of caution and discretion in doing so.
Any use of Third-Party Services is ,governed solely by the terms and conditions of such Third-Party Services and any contract entered into, or any ,transaction completed via any Third-Party Services, is between you and the relevant third party, and notwith WazirX.
,You shall comply in all respects with all applicable terms of the Third-Party Services that you access or subscribe to ,in connection with the Services.If at any time any Third-Party Services cease to make their programs available to us,on reasonable terms, wemay cease to provide such features to you without entitling you to refund, credit, or other ,compensation.,4.2Smart TokenFunds.
STF Traders.
WazirX allows you to independently connect with STF ,Traders that offer and manage Smart Token Funds (collectively referred to in these Terms of Use as “STF Traders”).,Your interactions with any STF Trader, including any transactions you may enter into with a STF Trader with respect ,to a Smart Token Fund, are entirely between you and such STF Trader.
While WazirX is meant to facilitate your ,communicationand transactionswith other Users and STF Traders, we are not a party to any transaction you may ,enter into with any other User or STF Trader, including without limitation any offer, purchase or sale of Smart Tokens.
,Without limiting the foregoing, we are not an agent, representative or promoter with respect to any Smart Token Fund ,or any STF Trader, and use of the Services by a STF Trader or with respect to a Smart Token Fund does not imply or ,represent any endorsement by us of such STF Trader or Smart Token Fund.We provide no recommendation or ,endorsement with regard toany Smart Token Fund listed on the Services, and we are not responsible for the actions ,or omissions of any STF Trader or other User of the Services.
,4.3Other Users.
We do not guarantee the identity of any User or other party or ensure that a buyer or ,seller is authorized to complete a transaction or will complete a transaction.
Your interactions with other Users are ,solely between you and such Users.
You agree that WazirX will not be responsible for any loss or damage incurred ,as the result of any such interactions.
If there is a dispute between you and any User, we are under no obligation to ,become involved.,4.4Release.
You hereby release and forever discharge WazirX (and our officers, employees, agents, ,successors, and assigns) from, and hereby waive and relinquish, each and every past, present and future dispute, claim, ,controversy, demand, right, obligation, liability, action and cause of action of every kind and nature (including ,personal injuries, death, and property damage), that has arisen or arises directly or indirectly out of, or that relates ,directly or indirectly to, the Services (including any interactions with, or act or omission of, other Users or any Third-,Party Products and Services).
,5.THE WAZIRXWALLET(OFFERED AND OPERATED BY BINANCE).,5.1Supported Cryptocurrencies.
The WazirX wallet allows you to send, receive and store ,cryptocurrency (together, “Wallet Transactions”).The WazirX walletis only available in relation to the ,cryptocurrencies that WazirX, in its sole discretion, decides tosupport (“Supported Cryptocurrency” or “Supported ,Cryptocurrencies”).
Information about the Supported Cryptocurrencies can be found on the FAQ page on the WazirX,website.
The Supported Cryptocurrencies may change from time to time.
Under no circumstances should you attempt ,to carry out a WazirX walletTransaction in relation to a cryptocurrency other than a Supported Cryptocurrency.,5.2Transaction instructions.
WazirXwill process Wallet Transactionsaccording to your instructions.
,You accept and agree that WazirXdoes not:,(a)guarantee the identity of any user, receiver, or other party to a WazirX Wallet Transaction.
,You are solely responsible for ensuring all transaction details are correct, and you should carefully verify all ,transaction information prior tosubmitting transaction instructions to WazirX.
or,(b)have any control over, or any liability in relation to, the delivery, quality or any other aspect ,of any goods or services that you may buy from or sell to any third party.
WazirX shall not be responsible for, and ,will take no action in relation to, ensuring that any buyer or seller you transact with using your WazirX wallet ,completes the relevant transaction or has the requisite authority to do so.,5.3Receiving cryptocurrency.
You may receive Supported Cryptocurrency into your WazirX wallet,by providing the sender with a receive address generated in your WazirX wallet.
Your WazirX walletwill only be ,credited with Supported Cryptocurrency sent to a receive address generated through your WazirX walletand ,associated with that Supported Cryptocurrency.
For example, your WazirX walletwill be credited with ETH when it ,is sent to an ETH receive address generated through your WazirX wallet.,5.4Fiat Currency P2P transactions.
WazirXallowsyou to usefiat currencyfundssolely in exchange ,for certain Supported Cryptocurrencies (like USDT)and withother WazirX Users in so-called “P2P transactions.” In ,a P2P transaction, WazirX holds the digital currency in escrow betweenthetwo counterpartiesuntil payment in fiat ,currencyfundsbetween the buyer and seller Users has been confirmed.
SuchSupported Cryptocurrency(e.g., USDT) ,is releasedas soon as payment is confirmed.
WazirX does not take custody or facilitate transfer of the fiat currency ,funds in this model, and the transfer of the fiat currency funds is solely between Users without any responsibility or ,liability of WazirX in this connection.
Without prejudice to the foregoing, you hereby grant WazirXthe right to resolve ,issues and disputesamong Usersinits sole discretion.,5.5Trading between Supported Cryptocurrencies.
WazirX allows you to trade with other Users ,between various Supported Cryptocurrencies (e.g., BTC-ETH, BTC-LTC etc.).,5.6Sharing User Information.In the course of processing a Wallet Transactions, WazirXmay be ,required to share your user information with other contractual third parties, or as required under applicable laws or ,demanded upon a lawful request by any governmental authority.
You hereby irrevocably grant full permission and ,authority for WazirXto share this informationwith such contractual third parties, or as required under applicable laws ,or demanded upon a lawful request by any governmental authority, and release WazirXfrom any liability, error, ,mistake, or negligence related thereto.,5.7Trade Corrections.
You acknowledge and agree that WazirXmay correct, reverse or cancel,inits ,sole discretion,any order, trade, transfer, or other transaction or activity with respect to which WazirXhas discovered ,that there was an error or abnormality, whether such error or abnormality was caused by you, WazirXor a third party ,or due to technical issues, system issues, software failure or otherwise.
WazirXprovides no guarantee or warranty that ,any such attempt will be successful and will have no responsibility or liability for such error(s) or any correction ,attempt(s).,6.THE WAZIRXPAIRS (OFFERED AND OPERATED BY ZANMAI),WazirX enables Users to trade with each other in trading pairs and use balances which are denominated notionally in ,Indian Rupees only for convenience in order to enable Users to calculate the value of the relevant Supported ,Cryptocurrency being traded(“WazirX Pairs”).Any reference to Indian Rupees orINR on WazirX should not be ,construed as a reference to Indian Rupees amounting to legal tender (otherwise referred to as ‘fiat currency’ or ‘real ,money’) unless specifically provided herein.
,While P2P transactions are offered and operated by Binance (asdescribed above), non-P2P transactions are offered ,and operated by Zanmai.
,Terms applicable to Indian Resident Users for WazirX Pairs,In non-P2P transactions, Users resident in India (as defined under the Foreign Exchange Management Act, 1999) add ,to their INR balance by depositing Indian Rupees from their registered bank account / payment instrument to Zanmai’s ,or its partners’ bank accountusing regulated banking and payment channels, and can redeem their INR balance to ,their bank accounts / payment instrument by placing a withdrawal request to Zanmai, upon which request Zanmai will ,transfer the INR balance amount to the Users’ registered bank account/ payment instrument, using regulated banking ,and payment channels, subject to Know Your Customer and other safeguards carried out in Zanmai’s sole discretion, ,and subject to withdrawal limits published on the website / mobile application from time to time.
In this model, Zanmai ,merely acts as a duly appointed agent of the User to whom the payment is due, and does not operate apayment system.
,You hereby duly appoint Zanmai as your agent for this purpose.
,Terms applicable to Non-Indian Resident Users for WazirX Pairs,In all circumstances,Users not resident in India (as defined under the Foreign Exchange Management Act, 1999) ,(“Foreign Users”) can use limited features of the Services.
Foreign Users cannot in any circumstance receive or make ,payments in Indian Rupeesor equivalents or any other fiat currency or equivalents(otherwise referred to as ‘real ,money’ or ‘fiat currency’).
Foreign Users can only use the Services to trade between Supported Cryptocurrencies,without any interface to fiat currency.
Foreign Users are notentitled to redeem any INR balance with WazirX for ,Indian Rupees(unlike Users resident in India who may withdraw their INR balance to their bank accounts)or any ,other fiat currency.
The INR balance of a Foreign User is only denoted on the platform for convenience and can only ,be used by a Foreign User to further trade in Supported Cryptocurrencies.
Foreign Users do not therefore carry out ,any transactions in fiat currency using the Services and merely hold Supported Cryptocurrencies in their WazirX ,wallets and trade between Supported Cryptocurrencies.
,This Clause 6 applies mutatis mutandisto the WazirX Pairs offered on Binance.com and all Binance desktop and ,mobile applications.,7.FEES.,7.1General.
You agree to pay WazirX the fees set forth at https://wazirx.com/fees which may be ,updated from time to time in our sole discretion.
Any such updated fees will apply prospectively to any trades or other ,transactions that take place following the effective date of such updated fees.
You authorize WazirX to remove any ,amounts from your Account for any applicable fees owed by you under this Agreement.,7.2Withdrawal/Send fees.
You may be charged a fee to send or withdraw a Supported ,Cryptocurrency from your WazirX wallet.
We currently do not charge feesto depositor receive Supported ,Cryptocurrency into your WazirX wallet.,7.3Servicefees.
WazirX applies a Maker / Taker fee structure for customers who trade Supported ,Cryptocurrencyusing the Services.
Please consult the page set forth at https://wazirx.com/fees for further information ,on applicable Maker and Taker fees.
WazirX will, at the time of any transaction on the WazirX Exchange, notify you ,of any fees that will apply to the transaction.
By proceeding with any transaction, you accept and agree to the applicable ,fees.
Such fees will also be displayed in your transaction history upon completion of the transaction.,8.
C ONTESTS.We may from timetotime offer you the ability to participate in contests of skill (“Contest”or ,“Contests”).If you choose to participate in any C ontests, you accept and agree to be bound and abide by the applicable ,Contest terms and conditions which will be published on the WazirX websitefrom time to timeand incorporated ,herein by reference(the “Contest Terms”).
WazirX reserves the right to modify the Contest Termsor discontinue ,any contests at any time for any reason, including but not limited to product availability, pricing issues, reduced ,demand.
Prizes, discounts and special pricing may be changed or substituted at any time without prior notice.
Taxes ,on any prize or award are the sole responsibility of the recipient.,9.SUSPENSION,TERMINATION,AND C ANCELLATION.,9.1General.
ThisAgreement will continue to apply to you until terminated by either you or WazirX.
,Any provision of this Agreement which, either by its terms or to give effect to its meaning, must survive, and such ,other provisions which expressly, or by their nature, are intended to survive termination shall survive the expiration ,or termination of this Agreement.,9.2Suspension, Termination.
Wemay terminate your Accountor suspend your access to the Services,at any timeand with immediate effect for any reasonor no reason, in our sole and absolute discretion.
We may decline ,to process any deposit or withdrawal without prior notice and maylimit or suspend your use of one or more Services ,at any time, in our sole discretion.
For example, we may, in our sole discretion, delay deposits or withdrawals if we ,believe the transaction is suspicious, may involve fraud or misconduct, violates applicable laws, or violates the terms ,of this Agreement.If you have a balance remaining in an Accountwhich has been suspended, we may freeze such ,balance for so long as the Account is suspended.
If the Account is terminated due to fraud, violation of law, or violation ,of this Agreement, WazirXmay, in its discretion, confiscateany balance remaining in theAccount and deliver itto ,any applicable government, law enforcement, or other authorities where circumstances warrant.,9.3 C ancellation.
You may cancel your Account at any time by withdrawing all balances and sending ,us a message through the contact pagerequesting the cancellation of your Account.
Upon termination of this ,Agreement and your Account, you remain liable for all transactions made while the Accountwas open.
,10.DISCLAIMERS ,THE SERVICES ARE PROVIDED ON AN “AS-IS” AND “AS AVAILABLE” BASIS, AND WAZIRX,EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES AND CONDITIONS OF ANY KIND, WHETHER ,EXPRESS, IMPLIED, OR STATUTORY, INCLUDING ALL WARRANTIES OR CONDITIONS OF ,MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, QUIET ENJOYMENT, ,ACCURACY, OR NON-INFRINGEMENT.
WE (AND OUR SUPPLIERS) MAKE NO WARRANTY THAT THE ,SERVICES WILL MEET YOUR REQUIREMENTS, WILL BE AVAILABLE ON AN UNINTERRUPTED, ,TIMELY, SECURE, OR ERROR-FREE BASIS, OR WILL BE ACCURATE, RELIABLE, FREE OF VIRUSES OR ,OTHER HARMFUL CODE, COMPLETE, LEGAL, OR SAFE.
IF APPLICABLE LAW REQUIRES ANY ,WARRANTIES WITH RESPECT TO THE SITE, ALL SUCH WARRANTIES ARE LIMITED IN DURATION TO ,NINETY (90) DAYS FROM THE DATE OF FIRST USE.
WAZIRXDISCLAIMS ANY AND ALL ,RESPONSIBILITY OR LIABILITY IN RELATION TO THE CONTENT MADE AVAILABLE THROUGH THE ,SERVICES, INCLUDING THE CUSTOMER CONTENT, OR ANY CONTENT OR SERVICES PROVIDED BY ,THIRD PARTIES.
WAZIRXDOES NOT CONTROL OR VET CUSTOMER CONTENT AND IS NOT ,RESPONSIBLE FOR WHAT USERS POST, TRANSMIT, OR SHARE ON OR THROUGH THE SERVICES.
,WAZIRXIS NOT RESPONSIBLE OR LIABLE IN ANY MANNER FOR ANY THIRD-PARTY SERVICES ,ASSOCIATED WITH OR UTILIZED IN CONNECTION WITH THE SERVICES, INCLUDING THE FAILURE ,OF ANY SUCH THIRD-PARTY SERVICES OR SUPPORTED PLATFORMS.,SOMEJURISDICTIONSDONOTALLOWTHEEXCLUSIONOFIMPLIEDWARRANTIES,SOTHEABOVE,EXCLUSIONMAYNOTAPPLYTOYOU.SOMEJURISDICTIONSDONOTALLOWLIMITATIONSONHOW,LONGANIMPLIEDWARRANTYLASTS,SOTHEABOVELIMITATIONMAYNOTAPPLYTOYOU.,11.INDEMNIFICATION.You agree to indemnify and hold WazirX (and its officers, employees, and agents) ,harmless, including costs and attorneys’ fees, from any claim or demand made by any third party due to or arising out ,of (a) your use of the Services, (b) your violation of this Agreement, (c) your violation of applicable laws or ,regulations, or (d) Third-Party Services.
WazirX reserves the right, at your expense, to assume the exclusive defense ,and control of any matter for which you are required to indemnify us, and you agree to cooperate with our defense of ,these claims.
You agree not to settle any matter without the prior written consent of WazirX.
WazirX will use ,reasonable efforts to notify you of any such claim, action or proceeding upon becoming aware of it.,12.LIMITATION ON LIABILITY,TOTHEMAXIMUMEXTENTPERMITTEDBYAPPLICABLELAW,INNOEVENTWILLWAZIRX,ITS,AFFILIATESANDTHEIRRESPECTIVESHAREHOLDERS,MEMBERS,DIRECTORS,OFFICERS,,EMPLOYEES,ATTORNEYS,AGENTS,REPRESENTATIVES,SUPPLIERSORCONTRACTORSBELIABLE,FORANYINCIDENTAL,INDIRECT,SPECIAL,PUNITIVE,CONSEQUENTIALORSIMILARDAMAGESOR,LIABILITIESWHATSOEVER(INCLUDING,WITHOUTLIMITATION,DAMAGESFORLOSSOFDATA,,INFORMATION,REVENUE,PROFITSOROTHERBUSINESSORFINANCIALBENEFIT)ARISINGOUTOF,ORINCONNECTIONWITHTHESERVICES,ANYPERFORMANCEORNON-PERFORMANCEOFTHE,SERVICES,ORANYOTHERPRODUCT,SERVICEOROTHERITEMPROVIDEDBYORONBEHALFOF,WAZIRXANDITSAFFILIATES,WHETHERUNDERCONTRACT,STATUTE,STRICTLIABILITYOR,OTHERTHEORYEVENIFWAZIRXHASBEENADVISEDOFTHEPOSSIBILITYOFSUCHDAMAGES,EXCEPTTOTHEEXTENTOFAFINALJUDICIALDETERMINATIONTHATSUCHDAMAGESWEREA,RESULTOFWAZIRX’SGROSSNEGLIGENCE,FRAUD,WILLFULMISCONDUCTORINTENTIONAL,VIOLATIONOFLAW.SOMEJURISDICTIONSDONOTALLOWTHEEXCLUSIONORLIMITATIONOF,INCIDENTALORCONSEQUENTIALDAMAGES,SOTHEABOVELIMITATIONMAYNOTAPPLYTOYOU.,NOTWITHSTANDINGTHEFOREGOING,INNOEVENTWILLTHELIABILITYOFWAZIRX,ITS,AFFILIATESANDTHEIRRESPECTIVESHAREHOLDERS,MEMBERS,DIRECTORS,OFFICERS,,EMPLOYEES,ATTORNEYS,AGENTS,REPRESENTATIVES,SUPPLIERSORCONTRACTORSARISING,OUTOFORINCONNECTIONTHESERVICES,ANYPERFORMANCEORNON-PERFORMANCEOFTHE,SERVICES,ORANYOTHERPRODUCT,SERVICEOROTHERITEMPROVIDEDBYORONBEHALFOF,WAZIRXORITSAFFILIATESWHETHERUNDERCONTRACT,STATUTE,STRICTLIABILITYOROTHER,THEORY,EXCEEDTHEAMOUNTOFTHEFEESPAIDBYYOUTOWAZIRXUNDERTHISAGREEMENT,INTHETWELVE-MONTHPERIODIMMEDIATELYPRECEDINGTHEEVENTGIVINGRISETOTHECLAIM,FORLIABILITY.,13.
G ENERAL,13.1Dispute Resolution.
Please read this Arbitration Agreement carefully.
It is part of your contract ,with WazirXand affects your rights.
It contains procedures for MANDATORY BINDING ARBITRATION AND A ,CLASS ACTION WAIVER.,(a)Any dispute, controversy or claim arising out of or relating to this contract, or the breach, ,termination or invalidity thereof, shall be settled by arbitration as follows:,(i)In the case of disputes, controversies or claims involving Binance: You and ,Binance agree to resolve any claims relating to this Agreement (including any question ,regarding their existence, validity, termination, or any services or products provided and ,any representations made by us) through final and binding arbitration, except as set forth ,under Exceptions to Agreement to Arbitrate below.
You agree to first give us an opportunity ,to resolve any claims by contacting us on our website / mobile / desktop applications.
If we ,are not able to resolve your claims within 60 days of receiving the notice, you may seek ,relief through arbitration or in the Small Claims Tribunals of Singapore (“SCT”), as set ,forth below.,Either you or Binance may submit a dispute (afterhaving made good faith efforts to resolve ,such dispute) for final and binding resolution by arbitration under the arbitration rules of ,the Singapore International Arbitration Centre (“SIAC”), which are deemed to be ,incorporated into these Terms by reference.
The arbitration tribunal shall consist of a sole ,arbitrator to be appointed by the President of SIAC.
The language of the arbitration hearings ,shall be English and the seat, or legal place, of arbitration shall be Singapore.
JUDGMENT ,ON ANY ARBITRAL AWARD MAY BE GIVEN IN ANY COURT HAVING ,JURISDICTION OVER THE PARTY (OR OVER THE ASSETS OF THE PARTY) ,AGAINST WHOM SUCH AN AWARD IS RENDERED.,Exceptions.
Either party may instead choose to assert the claims in the SCT if the claims ,fall within the jurisdiction of the SCT, and either party may seek injunctive relief or other ,urgent equitable relief in a court of competent jurisdiction.
However, for the avoidance of ,doubt, where the claims fall outside of the jurisdiction of the SCT, the claims will be ,referred to and finally resolved by SIAC arbitration.,(ii)In the case of disputes, controversies or claims involving Zanmai, you and Zanmai ,agree to resolve any claims relating to this Agreement (including any question regarding ,their existence, validity, termination, or any services or products provided and any ,representations made by us) through final and binding arbitration.
You agree to first give ,us an opportunity to resolve any claims by contacting us on our website / mobile / desktop ,applications.
If we are not able to resolve your claims within 60 days of receiving the notice, ,you may seek relief through arbitration as set forth below.,Either you or Zanmai may submit a dispute (after having made good faith efforts to resolve ,such dispute) for final and binding resolution by arbitration under the arbitration rules of ,the Singapore International Arbitration Centre (“SIAC”), which are deemed to be ,incorporated into these Terms by reference, read with the Indian Arbitration and ,Conciliation Act, 1996.
The arbitration tribunal shall consist of a sole arbitrator to be ,appointed by the President of SIAC.
The language of the arbitration hearings shall be ,English and the seat of arbitration shall be Singapore.
,(b)Waiver of Jury Trial.THE PARTIES HEREBY WAIVE THEIR RIGHTS TOGO TO ,COURT AND HAVE A TRIAL IN FRONT OF A JUDGE OR A JURY, as applicable, instead electing that all claims ,and disputes shall be resolved by arbitration under this Arbitration Agreement.
Arbitration procedures are typically ,more limited, more efficient and less costly than rules applicable in a court and are subject to very limited review by ,a court.
In the event any litigation should arise between you and WazirXin any state or federal court in a suit to vacate ,or enforce an arbitration award or otherwise, YOU AND WAZIRXWAIVE ALL RIGHTS TO A JURY TRIAL, ,instead electing that the dispute be resolved by a judge.,(c)Waiver of Class or Consolidated Actions.
ALL CLAIMS AND DISPUTES WITHIN THE ,SCOPE OF THIS ARBITRATION AGREEMENT MUST BE ARBITRATED OR LITIGATED ON AN ,INDIVIDUAL BASIS AND NOT ON A CLASS BASIS, AND CLAIMS OF MORE THAN ONE CUSTOMER OR ,USER CANNOT BE ARBITRATED OR LITIGATED JOINTLY OR CONSOLIDATED WITH THOSE OF ANY ,OTHER CUSTOMER OR USER.
,(d)Confidentiality.
All aspects of the arbitration proceeding, including but not limited to the ,award of the arbitrator and compliance therewith, shall be strictly confidential.
The parties agree to maintain ,confidentiality unless otherwise required by law.
This paragraph shall not prevent a party from submitting to a court ,of law any information necessary to enforce this Agreement, to enforce an arbitration award, or to seek injunctive or ,equitable relief.,(e)Severability.
If any part or parts of this Arbitration Agreement are found under the law to ,be invalid or unenforceable by a court of competent jurisdiction, then such specific part or parts shall be of no force ,and effect and shall be severed and the remainder of the Agreement shall continue in full force and effect.,(f)Right to Waive.Any or all of the rights and limitations set forth in this Arbitration ,Agreement may be waived by the party against whom the claim is asserted.
Such waiver shall not waive or affect any ,other portion of this Arbitration Agreement.,(g)Survival of Agreement.
This Arbitration Agreement will survive the termination of your ,relationship with WazirX.
,(h)Emergency Equitable Relief.
Notwithstanding the foregoing, either party may seek ,emergency equitable relief before a court of competent jurisdictionin order to maintain the status quo pending ,arbitration.
A request for interim measures shall not be deemed a waiver of any other rights or obligations under this ,Arbitration Agreement.,(i)Claims Not Subject to Arbitration.
Notwithstanding the foregoing, claims of defamation ,and infringement or misappropriation of the other party’s patent, copyright, trademark or trade secrets shall not be ,subject to this Arbitration Agreement.,13.2Applicable Law.
The laws of India excluding its choice of law provisions, will govern these Terms ,and any dispute that arises between you and Zanmai.,13.3Force Majeure.WazirXis not responsible for damages caused by delay or failure to perform ,undertakings under this Agreementwhen the delay or failure is due to fires.
strikes.
floods.
power outages or failures.
,acts of God or the state’s enemies.
lawful acts of public authorities.
any and all market movements, shifts, or volatility.
,computer, server, or Internet malfunctions.
security breaches or cyberattacks.
criminal acts.
delays or defaults caused ,by common carriers.
acts or omissions of third parties.
or, any other delays, defaults, failures or interruptions that ,cannot reasonably be foreseen or provided against.
In the event of force majeure, WazirXis excused from any and all ,performance obligations and this Agreementshall be fully and conclusively at an end.,13.4Electronic Communications.The communications between you and WazirXuse electronic ,means, whether you use the Siteor send us emails, or whether WazirXposts notices on theSiteor communicates with ,you via email.
For contractual purposes, you (a) consent to receive communications from WazirXin an electronic ,form.
and (b) agree that all terms and conditions, agreements, notices, disclosures, and other communications that ,WazirXprovides to you electronically satisfy any legal requirement that such communications would satisfy if it were ,be in a hardcopy writing.
The foregoing does not affect your non-waivable rights.,13.5Entire Agreement.This Agreement,together with WazirX’s Privacy Policy, constitute the entire ,agreement between you and us regarding the use of the Services.
Our failure to exercise or enforce any right or ,provision of this Agreementshall not operate as a waiver of such right or provision.
The section titles in this Agreement,are for convenience only and have no legal or contractual effect.
The word “including” means “including without ,limitation”.
If any provision of this Agreementis, for any reason, held to be invalid or unenforceable, the other ,provisions of this Agreementwill be unimpaired and the invalid or unenforceable provision will be deemed modified ,so that it is valid and enforceable to the maximum extent permitted by law.
Your relationship to WazirXis that of an ,independent contractor, and neither party is an agent or partner of the other.
This Agreement, and your rights and ,obligations herein, may not be assigned, subcontracted, delegated, or otherwise transferred by you without WazirX’s ,prior written consent, and any attempted assignment, subcontract, delegation, or transfer in violation of the foregoing ,will be null and void.
WazirXmay freely assign this Agreement.
The terms and conditions set forth in this Agreement,shall be binding upon assignees.