TERMS OF USE

This agreement sets out the conditions ("Terms"), on the basis of which you are offered access to the internal sections of the site IncoreX ("Site") and access to the trading platform ("Platform"). Please read these Terms carefully and do not use the Site or the Platform if you do not accept them. The platform managed by IncoreX ("Service") allows buyers ("Buyer") and sellers ("Seller") to buy and sell Internet products, known as "Crypto currency".

By opening an account ("Account"), Users confirm and guarantee that:

Service reserves the right, at its sole discretion, to modify, add or delete portions of these Terms at any time. You will be notified of such changes through your contact E-Mail. Your continued use of the Site after making changes will mean that you accept and agree to the changes. You agree that all of your subsequent transactions will comply with these Terms. While you agree to the Terms and any such changes, the Service grants you a personal and non-transferable limited right to enter and use the Site and the Platform.

Your agreement to these Terms and with possible amendments gives the Service the right to mediate between sellers and buyers for trading on the platform in accordance with the following points, and perform the functions described below.

DEFINITIONS

The platform is a technical, functional and organizational structure managed by the Service so that sellers and buyers can conclude sales transactions of Crypto currency.

Crypto currency is a type of digital currency, the issue and accounting of which are based on asymmetric encryption and the use of various cryptographic protection methods, such as Proof-of-work (a scheme of proof of some work when it is difficult to perform a job, but it is easy to verify) and / or Proof -of-stake (scheme of proof of balance on the account, which is easy to verify, but expensive to store). The functioning of the system is decentralized in a distributed computer network. The main crypto-currencies used by the Service are: Bitcoin, BTC, Litecoin, LTC, Ethereum, ETH, Bitcoin Cash, BCH, Dash, DASH, Monero, XMR and other crypto-currencies used by the Service.

Bitcoin is a P2P Internet product, described in more detail on the Internet resource http://Bitcoin.org.

Litecoin - P2P online product, more details on the Internet resource https://Litecoin.org.

The seller is the person who placed the offer to sell the Crypto currency on the platform.

The buyer - the person who placed an offer to buy Crypto currency on the platform.

User - buyers and sellers, as well as any account holder.

Transaction - an agreement between the Buyer and the Seller to exchange the Crypto currency using the Platform at a jointly agreed rate.

Price - the price in conventional signs, for which users are ready to buy or sell the Crypto currency, using the Platform for transactions.

Commission - the amount paid to the Service for transactions, including the payment of commission fees to the commission agent.

Inside the exchange arbitrage is an array of operations for buying / selling conducted in a short time within the Exchange IncoreX.

YOUR ACCOUNT

Users are responsible for maintaining the confidentiality of their account information, including the password, and for all actions, including transactions that occur with their account. Users agree to immediately notify the Service of any unauthorized use of their account or password, or any other breach of security. Users will be liable for losses incurred by the Service or any other user of the Site due to the actions of a third party using a password or user account. Users should not use any account other than their own. Users should not attempt to gain unauthorized access to the Site, and any attempt to do so or assist other users or third parties in this (including the distribution of instructions, software and tools for this purpose) will result in the termination of the user's service, and in this case Service leaves the right to take any other action against the user.

Participants agree to provide the Service with accurate, up-to-date and complete information about themselves requested during registration of the account and to keep such information updated. In addition, users can update any information in their account or choose another payment method.

Users can only have one account (account) at any time and can not use or create any account (account) other than their own. Multiple accounts (accounts) of the same User are blocked by the Service without warning. In case of violation of this rule, Service reserves the right to unilaterally refuse the User to provide services without paying the balance on the account.

The user may be exempt from any of these rules by leaving a request and obtaining prior authorization from the Service.

Claims for any financial transactions are accepted no later than 30 days after the date of this financial transaction. At the end of this period, no claims are accepted.

Users acknowledge and agree that in order to ensure the security of accounts of Users and counteract money laundering, in the implementation of internal security policy, the Service uses, by default, internal controls and programs for its implementation, collects and stores any information about material facts about Users and their transactions, including personal information about the User, provided by him at the registration of the account (account), or requested by the Service at the performance of the transaction ok, as well as indirect information, including the IP-address, information about your operating system, software configuration, and other information gathered from the «cookies» technology application ( "cookies") to create statistical reports.

The service may require identification information depending on the amounts placed on the accounts or the presence of suspicious activity, which may indicate illegal activities. Identification of the bank account can also be offered. Users accept and agree that if the Service has reason to believe that money laundering or any other illegal activity is being carried out through the account of the User, or the account holder hides or reports deliberately false identification information and other information, and also if there are grounds believe that the operations on the account of the User were carried out in violation of these Rules, the Service has the right to require the User to provide any additional information and document s to clarify the circumstances. Transactions can be frozen until the documents are processed by Service and accepted as satisfying the requirements of the legislation on combating the legalization of proceeds from crime and financing of terrorism. The Service may request from the User any additional identification information and additional documents at any time at the request of any competent authority or in the application of any applicable legislation or regulation, including legislation on combating the laundering (legalization) of money obtained by criminal means or on combating the financing of terrorism. In this case, if the User does not provide, provide in an incomplete or unreliable requested information and documents, the Service has the right to unilaterally deny the User the provision of services.

Accounts may be used solely for the purposes defined in these Terms.

PLATFORM OF TRANSACTIONS FOR BUYING SELLING

The platform allows the Buyer to post offers for the purchase of the Crypto currency, and the Seller to post offers for the sale of the Crypto currency. The price at which it will be offered to buy or sell the Crypto currency is set by the user at his own discretion.

Participants recognize that their proposals should be submitted only after careful consideration, and once submitted by the user of the application are considered ready for execution of the transaction of sale of Crypto currency by other users. The Seller and the Buyer agree that as soon as their respective offers coincide, the transaction is mandatory and can not be withdrawn. The transaction for the acquisition of the Crypto currency will be completed instantaneously without prior notice to the Seller and the Buyer, and will be treated as having occurred at the time when it was committed.

Acting as the Buyer or the Seller in the transaction of sale and purchase of the Crypto currency, the participants acknowledge that they lose the right to cancel the application after the prices coincide and the automatic transaction is made.

By the coincidence of the proposals of the Buyer and the Seller, the Service has the exclusive right to conduct a transaction in the amount corresponding to the price specified in the transaction, minus the commission.

RESPONSABILITY OF THE SERVICE

Users acknowledge and agree that during transactions they trade with other users, and also acknowledge that the Service acts only as an intermediary in such transactions, and not as a counterparty. Thus, it is the responsibility of users to comply with all laws and regulations pertaining to transactions.

The Service declares and warrants that:

If the user violates these Terms and Conditions, Service reserves the right to suspend the operation of his account and to block all monetary amounts, as well as the Crypto-currencies contained therein.

The platform is not intended to provide any legal, tax, insurance or investment advice. The history of applications and trades serves exclusively to provide users with general information related to transactions previously performed on the Platform and should not be considered investment advice or advice from the Service. Users are fully responsible for determining the fact that the intended transaction is suitable for them based on their personal goals, financial condition and risk readiness.

USER RESPONSIBILITIES

Users guarantee that they will use the Platform only to perform operations in accordance with the terms set out in these Terms and that they are entitled and able to enter into transactions on the Platform.

The seller guarantees that the Crypto currency offered for sale or transfer corresponds to the actual types of the Crypto currency.

The buyer guarantees that the currency for the purchase of the Crypto currency corresponds to its actual assets and came from legitimate sources.

Users agree that they will not use the Platform to perform any illegal activities, including but not limited to money laundering, terrorist financing, or adversely affecting the performance of the Platform.

Users agree that they are aware of the need to track the news of the IncoreX Exchange in a timely manner, in order to obtain timely information on inclusion / deactivation / delisting of assets and any other, and in case they did not get acquainted with the information in a timely manner, they will not file claims to the Exchange about incurred for account for this loss.

The user agrees that if necessary, to have more than several thousand simultaneously open orders, he must notify the support service, indicating the reason.

Users agree that opened orders that are completely out of the market (100-fold or more distance from the market price) can be canceled by the Service in the case of a large number of such orders, since such orders are deemed to be garbage and may mislead other users of the Service.

Users agree that, whenever a transaction is made, the Platform sends and receives cash amounts, to the Crypto currency on behalf of the Buyer and on behalf of the Seller, through the IT systems used on the Platform at the time of the transaction.

Users guarantee that they will not disclose information received during communication with the support of the Service, via any communication channels.

Users agree that familiarization with the news of the Service published in the relevant section, as well as in the official accounts of the Service in social networks, is mandatory for the use of the Service. Users agree that they bear personal responsibility for the loss of funds that arose as a result of non-compliance with the recommendations published on the Service and can not claim financial compensation in this case.

INTELLECTUAL PROPERTY

All intellectual property rights, texts, images or any other material placed on / related to the platform are owned by the Service or the partners of the Platform. Accordingly, users have no right to copy, distribute, reproduce, republish, upload, transmit, modify, publish or otherwise use any such content without the prior express permission of the Service.

A RESPONSIBILITY

Users guarantee that they are the rightful owners and have the right to use all the money and Crypto-currencies in their account and that the transactions do not violate the rights of any third parties or the current legislation. The User undertakes to reimburse the Service for all losses incurred by the Service for infringement of the rights of third parties or for violation of the current legislation through the fault of the user.

Within the limits permitted by law, the Service will not be liable for any damage, loss of profits, loss of revenue, loss of business, loss of data, direct or indirect loss of the user, unless the damage caused is caused by violation of these Terms by the Service.

The Service can not be held liable for faults, breakages, delays or interruptions to Internet access, or if for any reason the Site is unavailable at any time or for any period. The site contains links to other sites and resources provided by third parties, but these links are provided solely as sources of information. We have no control over the content of these sites or resources and we do not accept any responsibility for them or for any damages and damages that may arise as a result of using them. The service is located on the domain of Incorex and is not responsible for sites located on domains other than the above.

In the event of fraud, the Service will provide all necessary information, including names, addresses and other requested information, to the appropriate authorities involved in the prevention of fraud and violations of law. Participants acknowledge that their account may be frozen at any time at the request of any competent body to investigate fraud or any other illegal activity.

The Service can not be held liable for losses incurred as a result of vulnerabilities in software (nods, wallets) of third parties, as well as failures in software (nodes, wallets) provided by third parties, as well as in blockade failures and the result of any other technical features of the currency, traded on the exchange. The service is also not responsible for the funds lost as a result of late notification (or not notification at all) of the service by developers or representatives of the crypto currency about any problems with this crypto currency, including forks, technical problems with the node or any other problems potentially leading to loss of funds. The funds lost in this case are reimbursed in two possible ways. The priority option of reimbursement of funds that the service tries to realize is to recover lost funds in full by developers or representatives of this crypto currency. The second option for reimbursement of funds is the write-off of funds from customers' balances in accordance with the size of their deposits on the Service in this particular crypto currency.

Nothing in these Terms shall affect the legal rights of users.

Nothing in these Terms shall exclude or limit the liability of either party for fraud, death or personal injury caused by negligence, violation of laws, or any other activity that can not be restricted or excluded lawfully.

In view of the foregoing, the total liability of the Service, which may arise as a result of or in connection with the use of the Site and/or the Platform by the User, be it a civil offense (including negligence) or otherwise, under no circumstances will exceed the greater of the total amount the account of the claimant, minus the commission amount, if any, or 100% of the amount of the transaction (s) that are the subject of the claim, minus the commission amount.

TERMINATION

These Rules may be terminated without justification of the cause by either party, with advance notice, the receipt of which is acknowledged in writing by the other party. Such termination shall take effect when the terminating party receives confirmation in writing of the read of the warning from the other party. Such termination does not affect the obligations or rights of either party in accordance with these Rules before the termination entered into force.

The Service may, by notice to users, suspend or modify the Platform and / or revise or terminate these Terms at any time. Users are deemed to have accepted these changes or termination in the event that they continue to use the Platform. After such notification, users can request the return of any balances on their accounts by contacting the Service within 60 days of receiving the notification from the Service about the suspension or modification of the Platform. In addition, in the event of the termination of the Platform, the Service sends to all users the balance of the accounts by transferring the amounts to the last account from which the user conducted transactions or within 14 days using the withdrawal interface.

If the user does not agree to these Terms, he is entitled to close his account at any time.

Users also agree that the Service may, at its discretion and by giving prior notice, suspend the user's access to the Site, including but not limited to: limiting, suspending or terminating the maintenance of accounts, prohibiting access to the Site and its contents, services. The Service has the right to take technical and legal measures to prevent the user from accessing the Site if we believe that he creates problems and situations of judicial responsibility, violates the intellectual property rights of third parties or acts not in accordance with the text and spirit of these Terms. In addition, we may, under appropriate circumstances and at our discretion, suspend or terminate the user account for any reason, including but not limited to:

Service, as a private owner, also reserves the right to unilaterally change or suspend the operation of our Site or Platform, to stop providing services to users / users without explaining specific reasons. Users agree that the Service will not be liable to them or any third party for the termination of the maintenance of their account or the inaccessibility of the Site.

Users acknowledge and agree that their accounts may be blocked prior to providing the Service with documents identifying their identity and / or any other information in the event that the Service deems it necessary to service accounts, perform operations and / or operate the Platform.

ADDITIONALLY

In case of force majeure, as defined by the current legislation, the fulfillment of obligations to the injured party in these Conditions will be suspended until the problem is resolved.

If the competent judicial authority finds any provision of the Terms to be null and void, this provision will be enforced to the maximum extent permissible, and all other provisions remain in full force.

CONTACTS

If you have any questions related to these Terms, your rights and obligations arising from these Terms and / or use of the Site and the Platform, your account, or any other issue, please contact the Service Support Service.

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