Terms of Use

These Terms are being made between User (“you”) and VCCE, JSC (hereinafter referred to as "VCCE" / "Website" / "We"). VCCE is the legal entity that, recognized by law, owns and operates the networking platform and its related services and technology. VCCE do NOT support digital assets where its primary purpose is to support illegal gambling, illegal drug sales, money laundering, terrorist financing, etc… or any other activity that is illegal in any of the jurisdictions where we operate.

BY ACCESSING OR USING OUR SERVICES, YOU AGREE TO BE BOUND BY THESE TERMS. PLEASE READ THESE TERMS CAREFULLY BEFORE USING ANY SERVICE PROVIDED BY VCCE AND ITS AFFILIATES (HEREINAFTER REFERRED TO AS “VCCE SERVICE”).

1. Terms and execution

These Terms shall be deemed to include the main body of our agreement and all other VCCE rules, policies and procedures that have been published or shall be published by VCCE from time to time. Unless otherwise expressly provided, any VCCE Service shall be bound by these Terms.

You have the right to consult VCCE if you have any questions with regard to our agreement. However, as long as you use all or any part of VCCE Service, it will immediately constitute acceptance and create a legally enforceable contract under which you agree to be bound by all of these Terms even if you have not carefully read through these Terms before using VCCE service. If you do not agree to all or any part of these Terms, you shall immediately stop registration/activation or stop using VCCE service.

VCCE reserve the right, at our sole discretion, to amend these Terms in whole or in part from time to time as needed, and announce the same on the website, without any individual notice to you. The amended Terms shall come into effect immediately and automatically upon being announced on the website. Continued use of VCCE Service, you shall be deemed as having accepted the amended Terms.

2. Users’ obligations

In order to use VCCE service, you shall be compliance with all requirements of applicable laws, regulatory documents and VCCE’s Terms and you shall not be in violation of public interests, public ethnic. You hereby undertake that you will solely take all responsibility for your funds which shall come from a legitimate source and will not be used for any money laundering, economic and trade sanction evasion, terrorist financing purposes. Any case of using our service illegally or in violation of law will be reported to the state competent authorities.

2.1 Eligibility

You must be an individual, legal person or other organization with full capacity for civil rights and civil conduct when you complete the registration or actually use VCCE service in any other way allowed by VCCE.

You are not “Prohibited Person” which means any person or entity that: (a) is on any trade or economic sanction lists such as Specially Designated National by OFAC, EU, UN Security Council Sanctions list,... or (b) is located in, or a citizen or resident of any state, country, territory or other jurisdiction: (i) that is embargoed by the UN and US (ii) where use of any cryptocurrency trading would be illegal or otherwise violate any Applicable Law..., or (c) is on the list that VCCE does not provide service due to VCCE's internal policy

If you do not have the legal capacity or you are “Prohibited Person”, you and your guardian must be responsible for all the consequences resulted therefrom, and VCCE shall have the right to refuse to offer or continue offering VCCE service or permanently freeze your account, and claims against you and your guardian for compensation. VCCE may change our eligibility criteria from time to time.

2.2 Registration and Account

As a condition to using VCCE service, you are required to register and activate an account on our platform with your personal information. You guarantee you are the ultimate beneficial owner of the account. In order to comply with Anti-Money Laundering/Counter-Terrorist Financing (AML/CTF) requirements, VCCE must require identity verification with certain information including but not limited to your recent income, bank account, occupation, source of funds,… This verification will be undertaken by checking the information you provide against “Prohibited Person”.

You shall provide VCCE with accurate, complete and updated registration information according to the laws and regulations that VCCE comply with. Failure to do so shall constitute a breach of these Terms and VCCE shall have the right to send you a notice to make inquiry and demand corrections and remove relevant information directly and, as the case may be, terminate all or part of VCCE service to you. VCCE will not take any responsibility and any loss, directly or indirectly, and adverse consequence resulted therefrom will be borne by you.

You may log in VCCE platform by your email address and mobile number that you have provided or confirmed or any other means permitted by us. VCCE account can only be used by the person whose name they are registered under. VCCE reserve the right to suspend, freeze, or cancel accounts that are used by persons other than the persons whose names the accounts are registered under. VCCE will also not take legal responsibility for these accounts.

You hereby acknowledge and agree that you have the obligation to take actions as required by VCCE if there is any change or update.

2.3 Account Security

You shall be solely responsible for the safeguarding of your VCCE account and password on your own and for all activities under your log-in email, VCCE account and password (including but not limited to information disclosure, information posting, consent to or submission of various rules and agreements by clicking on the website, online renewal of agreement or online purchase of services, etc.).

You hereby agree that: a) you will notify VCCE immediately any unauthorized use of your account and another account related security breach of which you are aware; b) you will strictly observe the security, authentication, dealing, charging, withdrawal mechanism or procedures of the website/service; and c) you will log out the website by taking proper steps at the end of every visit.

VCCE shall not be responsible for any loss caused by your failure to comply with this provision. You understand that VCCE need reasonable time to take action upon your request, and VCCE will not undertake any responsibility for the consequences (including but not limited to any of your loss) that have occurred prior to such actions.

2.4 Limitation of liability

VCCE will provide VCCE service at an “as is” and “commercially available” condition. VCCE service is provided without warranty of any kind, express or implied, including but not limited to applicability, free from error or omission, continuity, accuracy, reliability or fitness for a particular purpose, and any warranties implied by any course of performance or usage of trade, all of which are expressly disclaimed, VCCE and its affiliates, licensors and suppliers do not warrant that: (a) any information will be timely, accurate, stable, complete, reliable or correct; (b) the service will be secure or available at any particular time or place; (c) any defects or errors will be corrected; (d) the service will be free of viruses or other harmful components; (e) any result or outcome can be achieved. The use of the service is solely at its own risk.

You acknowledge that all of your funds on VCCE are for trading purposes only. During any transaction, you will be in good faith, will not take any acts of unfair competition, will not disturb the normal order of online transactions, and will not engage in any acts unrelated to online transactions. Under no circumstances will VCCE perform the function of collecting, obtaining or keeping funds for any user.

Providing service as a venue of transactions where you acquire coin related information, search for counterparties of transactions and negotiate and conduct transactions, VCCE shall not be responsible or liable for the quality, security or legality of the coin involved in any transaction, truthfulness or accuracy of the transaction information, or capacity of the parties to any transaction to perform its obligations under the transaction documents. Unless expressly required by laws and regulations or you violate these Terms, VCCE shall not have any duty to conduct any preliminary review on information data, transaction activity and any other transaction related issues of all users. You agree that VCCE shall not be responsible or liable under any circumstances for any threatening, defamatory, obscene, offensive, illegal or other content or conduct of any third party or any infringement of another’s rights; or any of your losses including but not limited to loss of profits, goodwill, usage or data or any other intangible losses.

IN NO EVENT SHALL THE LIABILITY OF VCCE , ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS ARISING OUT OF OR IN CONNECTION WITH THESE TERMS, BREACH OF THESE TERMS, ANY REJECTION OF A LISTING APPLICATION, A LISTED TOKEN (INCLUDING ANY LISTING, DE-LISTING, AND TRADING OR INABILITY TO TRADE ANY LISTED TOKEN), THE EXCHANGE (INCLUDING ANY INABILITY TO USE THE EXCHANGE) OR ANY OTHER GOODS, SERVICES OR OTHER ITEMS PROVIDED UNDER OR IN CONNECTION WITH ANY OF THE FOREGOING, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY (INCLUDING, FOR THE AVOIDANCE OF DOUBT, ANY NEGLIGENCE OF VCCE) EXCEED THE AMOUNT OF THE FEES PAID BY YOU TO VCCE UNDER THESE TERMS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY. YOU AGREE TO INDEMNIFY AND HOLD HARMLESS VCC.EXCHANGE, ITS CONTRACTORS, AND ITS LICENSORS, AND THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES AND AGENTS FROM AND AGAINST ANY AND ALL CLAIMS AND EXPENSES, INCLUDING ATTORNEYS’ FEES, ARISING OUT OF YOUR USE OF THE WEBSITE, INCLUDING BUT NOT LIMITED TO OUT OF YOUR VIOLATION THESE TERMS.

2.5 Termination

VCCE may immediately terminate or suspend access to all or a portion of our VCCE Service, terminate all or part of VCCE service to you, with or without prior notice or liability, for any reason whatsoever, including without limitation if you breach these Terms, effective at any time. VCCE shall also have the right in case of any of the following events:

(a) temporarily freeze or permanently freeze (cancel) the authorizations of your account on VCCE at VCCE’s sole discretion, without any prior notice, for any reason whatsoever, and VCCE shall not be liable to you;

(b) delete or deactivate your VCCE account and all related information and files in such account without liability to you;

(c) directly cancel your transaction requests that are prior to suspension or termination without liability to you;

(d) delete, at the same time of suspension or termination of services, information related to any un-traded coin tokens that you have uploaded to VCCE prior to the suspension or termination.

If you have reached any purchase agreement with any other member prior to the suspension or termination and such agreement has been partially performed, VCCE may elect not to delete the transaction; provided, however, VCCE shall have the right to notify your counterparty of the situation at the same time of the suspension or termination.

All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.

3. Privacy policy

VCCE’s updated Privacy Policy is published on our website, which shall apply to any use of the service and which may be amended by VCCE in its discretion from time to time without prior notice to any user.

In case your account service is terminated or the authorizations of your account on VCCE platform is permanently frozen (cancelled), VCCE shall not have any duty to keep or disclose to you any information in your account or forward any information you have not read or sent to you or any third party. You agree that, after the termination of these Terms between you and VCCE, we shall still have the right to keep your information and all the transaction information during your use of VCCE Service

4. Miscellaneous

These Terms are the entire agreement between you and VCCE with respect to the use of VCCE service and supersede all prior or contemporaneous communications and proposals between you and VCCE.

If any provision of these Terms is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary so that these Terms will otherwise remain in full force and effect and enforceable. VCCE shall not be liable for any failure to perform its obligations where such failure results from any cause beyond VCCE’s reasonable control, including, without limitation, mechanical, electronic or communications failure or degradation.