Terms Of Use

This Website is created and controlled by BitPAX, Inc.

The service (hereinafter referred to as "Service") provided by this CROSSCHAIN website (hereinafter referred to as "Website") and websites shall be set forth as the provisions specified in the terms (hereinafter referred to as "Terms"). This Contract is a comprehensive agreement between the parties concerned. Any other information or oral / written statements provided on the Website shall be excluded from this Contract. The exchange rate policy is provided only for a guide, but it shall not be applicable to legal contract between parties concerned.
By your using the Service provided by CROSSCHAIN such as access to the information on Website, viewing the information, or download, you shall agree unconditionally that you have read these Terms, understand these Terms, and these Terms have the binding force. The CROSSCHAIN can change these Terms at any time without notice. You shall agree that the changed Terms will continue to have a binding force to you, and the CROSSCHAIN is not obligated to notify you of any such changes. You shall acknowledge that it is your responsibility to know by checking these Terms on a regular basis, and it means that you accept these changes if you continue to use the Services provided by the Website and CROSSCHAIN after publishing the changed Terms.
The copyright to Website, and all texts, graphics, images, software and all other materials published on the Website shall be owned by the CROSSCHAIN, to which the materials on the Website, all registered trademark related to the Service and other intellectual property right shall be included. The materials on this Website can be used for personal and non-commercial purposes only.
You can display the extracts of Website on a computer screen or print them for the purposes stated above, however, you must preserve the first printout, or any notice for copyright and other proprietary rights, or CROSSCHAIN's registered trademark or logo displayed on the download as they are without modifying, adding, or deleting. EXCEPT AS EXPRESSLY STATED IN THIS POLICY, you shall not modify, correct, reproduce, distribute or use the materials of Website for other commercial purposes without prior written permission from the CROSSCHAIN.
You shall acknowledge that the 'CROSSCHAIN' and the logo of CROSSCHAIN are the registered trademarks of BitPAX, Inc. You can duplicate the registered trademark displayed on the materials downloaded from this Website up to the maximum limit allowed as above without modifying, but may not use, copy, adapt, or delete them in a different way.
You shall not express in any case that as if you have acquired the rights for the Website, or the rights associated with the Website (where, the rights to use the Website according to other Terms which are applied to these Terms and to specific Services or sections of the Website shall be excluded), or as if you have the rights to the Website or the rights related to the Website.
The residents of the United States or Quebec (in Canada) shall not take a position in the CROSSCHAIN, or not sign a contract. The signing of a contract with the CROSSCHAIN and the action to take a position in the CROSSCHAIN by a resident of Cuba, Peninsula of Crimea Sevastopol, Iran, Syria, North Korea, Sudan or within other jurisdictions where the provision of the CROSSCHAIN Service is restricted or any person currently within the areas above shall be prohibited. If any trading participant with the CROSSCHAIN is turned out that it has made false statements about its current location or residence, the CROSSCHAIN shall have the right to close immediately all accounts of that applicable user and to liquidate any open position.
Definition
“Contract”
It shall mean the Terms of Use of this policy.
“Data”
It shall mean any data entered by you or your authorized representative on the Website.
“Intellectual property right”
It shall mean the registered or unregistered design rights, patents, copyright, database rights, data protection rights, registered trademark, service trademarks, author's moral right, know-how and all other intellectual or industrial property rights everywhere in the world.
“Member”
It shall mean all registered users of the CROSSCHAIN currently.
“Service”
It shall mean all Services available through the Website (which may be changed or updated by the CROSSCHAIN from time to time).
“Website”
It shall mean any image, written material, database, software or other material available on the Website owned or operated by the CROSSCHAIN.
1. Access Conditions
1.1 You must keep both of user name and password required for the access to the Website securely and confidently. If the unauthorized use of your password or other security breach is occurred, you must inform to the CROSSCHAIN immediately, and by which the CROSSCHAIN will reset your password.
1.2 When using the service after your connection, you must comply with each of the following sub-paragraphs:
  • a) If hosting the CROSSCHAIN’s computing system or network, or hosted by a third party, the attempt to damage the security or integrity of the applicable third-party’s computing system or network shall not be made.
  • b) You shall not use or misuse the Services in an interfering way that can degrade the function of Service or Website, or other systems used to deliver the Service, or prevent other users from using the Service or Website.
  • c) You shall not attempt to gain an unauthorized access to any other material except for the computer system where the Website is hosted, or the materials for which the explicit access has been granted for you.
  • d) You must not send or enter the file, aggressive contents, or illegal materials or data (including data or other materials protected by copyright or trade secret for which you do not have the right to use) that may damage someone else’s computer device or software on the Website.
  • e) You shall not try to modify, copy, adapt, reproduce, decompile, reverse compile or reverse engineer the computer programs used to deliver the Service or run the Website except the case where it is absolutely necessary to operate the Service or the Website.
  • f) You must keep both of user name and password required for the access to the Website securely and confidently. If the unauthorized use of your password or other security breach is occurred, you must inform to the CROSSCHAIN immediately.
1.3 For the use of Service, the restrictions may be applied including but not limited to the trading volume and number of calls permitted according to the CROSSCHAIN’s application program interface. The restrictions above will be announced.
1.4 By registering as a member, you shall state and warrant as follows:
  • a) You have agreed to the Terms.
  • b) You are an adult over 16 years of age, and shall be eligible to agree to these Terms.
  • c) You are a legal owner of the funds added to your CROSSCHAIN account, and the source of this funding is legitimate.
  • d) You shall not violate the laws of jurisdiction of your residing country due to the use of CROSSCHAIN’s Service.
  • e) You shall aware of the risks associated with the use of Services provided by the CROSSCHAIN. These risks shall include the fact that you could lose all of the funds in your trading account if the market moves against you unfavorably due to the high volatility of cryptocurrency itself.
  • f) You shall not engage in or start any form of market manipulation including the spoofing order.
  • g) The information or document provided by you as a part of ID verification must be accurate, genuine, and up-to-date.
  • h) The withdrawal address of cryptocurrency submitted by you must be your address, and you shall have full control on this address.
  • i) If you are a resident of the United States or Quebec (in Canada), you shall understand and acknowledge that it is prohibited to take a position in the CROSSCHAIN or sign a contract. If you are a resident of Cuba, Peninsula of Crimea Sevastopol, Iran, Syria, North Korea, Sudan or within other jurisdictions where the provision of the CROSSCHAIN Service is restricted, or a person currently within the areas above, you shall understand and acknowledge that the signing of a contract with the CROSSCHAIN and the action to take a position in the CROSSCHAIN are prohibited. If you as a trading participant with the CROSSCHAIN are turned out that you have made false statements about your current location or residence, the CROSSCHAIN shall have the right to close immediately all your accounts as an applicable user and to liquidate any open position.
1.5 You can open the initial account (hereinafter referred to as the 'initial account') by submitting your email address and ID
1.6 Our Company shall impose the certain trading limits before requesting a customer due diligence (CDD) implementation to you. You shall agree to cooperate with us in this process, and provide all documents / information that may be required to identify your identity and business-related purposes to our satisfaction.
1.7 If you are involved in a suspicious trading or other trading, or if you are suspected of breaching any of the above warranties, or if there is a reason to believe so, then we can freeze any account. If your account is frozen, then it may result in a reverse trading of the trading executed by you. Our Company shall exclude explicitly any losses or revenues that may be incurred by our closing of your trading position prematurely, or as a result of your loss of ability to trade in CROSSCHAIN, and you shall agree to immune our Company about a lawsuit caused by any third party due to your action or our closing of your position prematurely. While your account is frozen, our Company will conduct an investigation, and may require you to cooperate with our Company's investigation. During the investigation phase, you may not deposit to or withdraw from your account, and cannot conduct a trading. After the investigation, our Company can decide to close your account at our own discretion, and we do not need to provide the reasons to you for account closure.
1.8 Our Company shall reserve the rights to close your account after the notice of 7 days at its own discretion. Therefore, you need to close your position within 7 days. If your position is still open after the termination of this period, our Company will forcibly closed it, and return the remaining cryptocurrencies left in your account to you.
1.9 The provision of accurate detailed information including your withdrawal address to our Company is solely your responsibility. Our Company shall not accept any legal liability for the results not receiving the Bitcoin withdrawn due to your provision of misinformation or information that is no longer useful. In addition, it shall be your responsibility to make sure that the trading sent to the CROSSCHAIN
is well formatted and displayed in a correct currency.
1.10 Our Company shall have a responsibility to maintain an orderly market; therefore, in the event of market disruption or other related external events, our Company can stop the trading on Website at its own discretion. Our Company shall exclude all legal liabilities for loss or loss of profits claimed that it was caused by a trading halt.
2. Intellectual Property Right
2.1 All intellectual property rights including but not limited to design, structure, layout, graphic images and original source code on all materials used on the Website shall be owned by the CROSSCHAIN. The CROSSCHAIN shall reserve all rights on the intellectual property rights above.
2.2 Except as otherwise agreed in writing between parties concerned, you shall acknowledge that all intellectual property rights of the CROSSCHAIN and Website are owned by the CROSSCHAIN continuously.
2.3 You shall accept the royalty-free, permanent, non-revocable and non-exclusive rights and licenses to use, reproduce, modify, adapt, publish, and translate the contents (in whole or in part) in all over the world for CROSSCHAIN about all the provisions of any right that may exist for the applicable contents by submitting the contents to the public domain of websites such as blogs, message boards and discussion boards, and to create, distribute and transmit the derivative works, and to include this content in any medium or technology regardless of the format known currently or to be developed in the future. Also, you shall allow the subscribers to access this content for personal use, and to display, query, store, and duplicate it.
2.4 By submitting the content to website, you shall have the right to retain all intellectual property rights required for the applicable content, and it is guaranteed that you have this right.
3. Privacy Policy
3.1 See the separate Privacy Policy constituting a part of these Terms.
4. Data Protection
4.1 The CROSSCHAIN can save the information about you in the database for internal use only. The CROSSCHAIN shall, unless it is not required by law, or you specifically indicate to disclose, not disclose any details about you to any third party.
5. Third Party’s Website
5.1 The CROSSCHAIN shall be linked to non-CROSSCHAIN series or unrelated third party's website (on which the brand, ads, or links may be appeared), and an email message with an advertisement or promotion including third-party links on the CROSSCHAIN can be sent to you. The CROSSCHAIN shall not make any statement for the quality, suitability, performance or legality of the materials on linked third party's websites, or any of the products and services available on these websites. This material shall be provided for your interest and convenience only. The CROSSCHAIN shall not monitor or investigate these third party's websites, the CROSSCHAIN shall not accept any legal or moral responsibilities for any loss arising from the content or accuracy of this material, and the opinions expressed in this material shall not be treated as CROSSCHAIN's guarantee, recommendation or opinion.
5.2 Unless the CROSSCHAIN agrees to you in advance, you shall not create any hyperlinks to the pages on Website in any case. If you create a link to any page on the Website, you shall acknowledge that you are solely responsible for the direct or indirect results of the link, and the CROSSCHAIN shall be immune for any loss, liability, cost or expense arising out of or in connection with this link.
6. Warranty and Statement
6.1 You shall acknowledge each of the following sub-paragraphs:
  • a) You shall have the rights to access and use the Website. In particular, it shall be allowed for you to use your CROSSCHAIN’s Service in the jurisdiction where you reside, you have citizenship, or you operate the business.
  • b) If you use the Website on behalf of any agency, or for the benefit of that agency, it shall be assumed that you have the right to use the Website. The agency shall be legally responsible for your conduct in addition to any breach of these Terms.
  • c) You shall take the risk of using the Website and Service. You shall agree that the CROSSCHAIN is not responsible for any loss or risk caused by your use of Website and Service.
  • d) The information provided on Website is the general information only, which is provided in good faith. However, the information is optional and the CROSSCHAIN can verify all information, and as this information could be incomplete or inaccurate for your purposes, so you shall not rely on it without learning more. This information shall not be interpreted to trade the Services or to be recommended to participate in the Services provided by the CROSSCHAIN in a special way.
  • e) The CROSSCHAIN shall not guarantee that the Website can be used without interruption or without error. Above all, for the operation and availability of the system used to access the Website including public telephone service, computer network and Internet, the prediction may be impossible, and the access to Website may be disconnected or prevented from accessing the Website from time to time. The CROSSCHAIN shall not be responsible in any way for these interferences preventing your access to and use of Website and Service.
6.2 The CROSSCHAIN shall not guarantee the Website. Without limiting the foregoing, the CROSSCHAIN shall not guarantee that the Website meets your requirements or meet your purpose. To rule out the doubts, any implied terms or warranties including but not limited to the merchantability, completeness, title and non-infringement shall be excluded to the extent permitted by law.
6.3 You shall have the authority to access to and to use the Website and the provisions shall guarantee for the business and profit, and represent these. In addition, the provisions above shall be implemented to the maximum extent permitted by law. The warranties and law to protect the legal consumers with non-profit or non-business purpose in all jurisdictions shall not be subject to the provision of Services related to the Website and the provisions above.
7. Service Fulfillment
7.1 The CROSSCHAIN shall disclaim all liabilities for the timely operation of Website when using the Website by you or a third party under an internet environment providing the computer equipment to install the products according to the part of product's function.
7.2 By using this Service, you shall acknowledge that the restrictions beyond the control of CROSSCHAIN are applied for the timely operations of internet and global communication network. You shall agree that the CROSSCHAIN is not responsible for the detection of slow operation of the Website.
7.3 By using this Service, you shall agree that the implementation of all trading will be final and irrevocable.
7.4 By using this Service, you shall agree that the CROSSCHAIN has the rights to liquidate any trading at any time regardless of profit or loss position.
7.5 The CROSSCHAIN shall not guarantee that the Service meets your requirements, the Service is not interrupted, is timely and safe, and has no error, and the information provided through the Service is accurate, reliable, appropriate, or a defect or error is corrected, or the Service can be used at a specific time or place. You shall have full responsibility for any loss arising from your use of the Service, and take the risks.
8. Immunity
8.1 You shall agree to immunize and protect the CROSSCHAIN, its partners, and its licensors and their respective directors, officers, employees and agents against the expenses including all claims and attorney's fees arising from your use of the Website including but not limited to your violation of this Contract.
9. Liability Limit
9.1 In any case, the CROSSCHAIN, or its suppliers or licensors shall not be responsible for the subject matter of this following contract according to any contract, negligence, responsibility without negligence or other law, or equitable theory * (i) any special, incidental, or consequential damages, (ii) the costs of procurement, substitute goods or services, (iii) discontinued use of data or lost or damage, or (iv) any amount exceeding the commission paid by you to CROSSCHAIN for a period of twelve (12) months before the cause of lawsuit according to this Contract. The CROSSCHAIN shall not take any responsibility for any errors or delays due to the problems beyond the reasonable control of CROSSCHAIN. The foregoing shall not be applied if it is prohibited by the applicable law.
10. Calculation
10.1 All calculations performed by the CROSSCHAIN trading engine and identified by the CROSSCHAIN shall be final. As stated in Paragraph 6.1, the CROSSCHAIN shall not guarantee that the Website can be available without interruption or without error.
11. Termination & Remedy for Your Violation of Terms
a) The CROSSCHAIN shall reserve the rights to limit, suspend or terminate your account without notice for the violations of these Terms, and to seek all remedies that can be exercised in lawful and equitable including but not limited to the rights to refuse your access to the Website.
b) The CROSSCHAIN shall have the rights to disclose your user ID and personal information on the request of court, government agency, or other law enforcement agency under the situation that is deemed to be reasonably necessary or appropriate at its sole discretion by the CROSSCHAIN.
12. Prohibition of Renunciation
12.1 Even if you do not exercise or delay the execution of CROSSCHAIN's Terms, or your rights under the Terms, it shall not be construed as renouncement of the full rights of CROSSCHAIN.
13. Force Majeure
13.1 Any party concerned shall not be responsible for delaying the implementation of its duties due to the reasons beyond the reasonable control of the party concerned such as natural disasters, riots, wars, malicious damage acts, fire, power failure, and government authority.
14. Independence of Provisions
14.1 Even if there is a provision found invalid, un-implementable or illegal by a court among the provisions of these Terms, it shall not affect the validity and implementation of any other provision. If there is a provision that is deemed un-implementable, you shall agree to change the applicable provision by the CROSSCHAIN to have the effect of implementation of that applicable provision to the extent permitted by an applicable law.
15. Competent Court and Governing Law
15.1 Any disputes arising between the Company and a Customer shall be submitted to the court having jurisdiction over the Customer’s address at the time of the Customer’s filing the complaint and in case there is no address, the district court having jurisdiction over the Customer’s residence shall have the exclusive jurisdiction. Provided, however, if the Customer’s address or residence is not clear at the time of the Customer’s filing the complaint or the Customer is a foreign resident, the claim shall be submitted to the competent court under the Civil Procedure Act.
15.2 he governing law shall be the laws of the Republic of Korea.