Use of this Ukfinex website ("Website") and the service offered on the Website ("Service") are governed by the terms contained on this Terms and Conditions page ("Terms"). This agreement entirely constitutes the agreement between the parties. All other information provided on the Website or oral/written statements made are excluded from this agreement; the exchange policy is provided for guidance only and does not constitute a legal agreement between the parties.

By accessing, viewing or downloading information from the Website and using the Service provided by Ukfinex you acknowledge that you have read, understood and unconditionally agreed to be bound by these Terms. Ukfinex may at any time without notice amend these Terms. You agree to continue to be bound by any amended terms and conditions and that Ukfinex has no obligation to notify you of such amendments. You acknowledge that it is your responsibility to check these Terms periodically for changes and that your continued use of the Website and Services offered by Ukfinex following the posting of any changes to the Terms indicates your acceptance of any such changes.

This Website only provides online transaction and platform services for you to engage in digital asset trading activities through this Website. This Website does not participate in the transaction of digital assets as a buyer or seller. This Website does not provide any services relating to the replenishment and withdrawal of the legal currency of any country.

Important Reminder :

• The digital assets themselves are not offered by any financial institution, corporation or this website.
• 1. The digital asset market is new and unconfirmed, and will not necessarily expand.
• 2. Digital assets are primarily used by speculators, and are used relatively less on retail and commercial markets. Digital asset transactions are highly risky, due to the fact that they are traded throughout 24-hours a day without limits on the rise or fall in price, and market makers and global government policies may cause major fluctuations in their prices.
• 3. Digital asset transactions may be suspended or prohibited at any time due to the enactment or modification of national laws, regulations and regulatory documents.
• 4. The Services are intended solely for users who are 18 or older. By accessing or using our Services, you represent and warrant that you are at least 18 years old and have not previously been suspended or removed from the Site or Services.
• 5. You understand that this website is only intended to serve as an avenue for you to obtain digital asset information, find trading counterparties, hold negotiations on and effect transactions of digital assets. This website does not participate in any of your transactions, and therefore you shall, at your sole discretion, carefully assess the authenticity, legality and validity of relevant digital assets and/or information, and solely bear the responsibilities and losses that may arise therefore.
• 6. All opinions, information, discussions, analyses, prices, advice and other information on this website are general market reviews and do not constitute any investment advice. We do not bear any loss arising directly or indirectly from reliance on the above-mentioned information, including but not limited to, any loss of profits.
• 7. Using internet-based trading systems also involves risks, including but not limited to failures in software, hardware or Internet links, etc. In view of the fact that we cannot control the reliability and availability of the Internet, we will not be responsible for any distortion, delay and link failure.
• 8. It is prohibited to use this website for any illegal activities, such as money-laundering, smuggling and commercial bribery. Upon uncovering any of such illegal activities, this website will adopt all available measures, including but not limited to freezing accounts, notifying the relevant authorities and so on, and in this case, we shall not assume any of the responsibilities arising therefrom, and reserve the right to hold the relevant persons accountable.

I. Account Registration :

In order to use any of the Services, you must first register by providing your e-mail and password, along with affirming this Terms of Service. You agree to not enable anyone to use or direct your account, and to update Ukfinex of any information change or if your account has been compromised. You are responsible for keeping, protecting and safeguarding any keys, certificates, passwords, access codes, user IDs or other credentials and login information (collectively "Passwords") that have been provided to you or that are generated in connection with your use of the Services. If you lose your Passwords, you may not be able to access your account. You agree to notify Ukfinex immediately of any unauthorized use of your Passwords. Ukfinex will not be responsible for any liabilities, losses, or damages arising out of the unauthorized use of your Passwords. Once the user is registered, and become the user of Ukfinex network, he or she will get the username (user mailbox) and password, and is responsible for all activities and events with this username and password after entering the system, and bear all the legal liability directly or indirectly caused by the language and behaviors of the use of this username. Users who lost their passwords can reset it after being verified through their registered email addresses. You shall immediately report to Ukfinex if any unauthorized operations or security breaches are found.

II. Definitions :

• Terms used in these Terms of Use shall be interpreted in accordance with the definitions provided below :
• Account : means an account registered by the User on the Platform and/or on the Ukfinex mobile application.
• User : means a person or an entity that uses the Services, agrees to follow the Terms of Use and is a holder of an Account.
• KYC : means the "know-your-customer" process that Ukfinex has put in place before entering into a business relationship or conducting transactions with its Users.
• Buyer : means the User who makes an Order to buy Crypto-currencies through the Platform and/or the User whose Order is accepted by the Seller depending on the context.
• Seller : means the User who submits an Order to sell Crypto-currencies through the Platform and/or the User whose Order is accepted by the Buyer depending on the context.
• Crypto-currency : means spot centralized digital representation of value.
• Deposit : means a Transaction involving transfer of Funds to the Account Wallet address.
• Withdraw : means a Transaction involving transfer of Funds to the External Wallet address. External Wallet : means a Crypto-currency or Fiat wallet that is not part of the Ukfinex platform but can be indicated on the v platform.
• Fiat currency : means government-issued currency, which is regulated in its country of issuance through government regulation or law.
• Order : means the offers of User on the Ukfinex platform to buy or sell Crypto-currency.
• Platform : means an appropriate environment created by Ukfinex that allows to Trade Crypto-currencies.
• Closing a position : means either buying or selling of Crypto-currency, which essentially results in reduction of clients open position. Closing a position means bringing a transaction to an end, incurring any related profits or losses as a result.
• Services: means all services provided by Ukfinex.
• Website: means Ukfinex website at https://ukfinex.live.
• Commission : means a fee charged by or on behalf of any third party (e.g. bank, payment service provider).
• Transaction fee : means a fee which charged by Ukfinex for each completed Transaction.

III. Our Services :

The Services allow all Users of the Platform (with limitations mentioned in these Terms of Use) to Trade Crypto-currencies with other Users. : Upon completion of the registration and identity verification for your Ukfinex Account, you may use various Ukfinex Services and Futures, including but not limited to, Crypto-to-crypto Trading, Crypto-to-Fiat and Fiat-to-Crypto Trading, Flexible and Fixed Staking services, Ukfinex Fast Convert, Voting, Referral Program in accordance with the provisions of these Terms (including Ukfinex Platform Rules and other individual agreements). The User is solely responsible for understanding and complying with any and all laws, rules and regulations of his/her specific jurisdiction that may be applicable to the User in connection with the use of any and all services, products and content of Ukfinex. The User acknowledges and agrees that, when completing Trading Transactions, he/she is trading with other Users, and that Ukfinex acts only as a provider of technical services in such Transactions, not as the counterparty to any Trade. Ukfinex has the exclusive authority to determine which Digital Assets are listed on the platform and may add or remove Digital Assets from the platform in its sole discretion, from time to time. Ukfinex may also change the order size available for each Digital Asset. In respect of such additions, removals, or amendments, Ukfinex may, but is not obliged to, notify Users in advance and Ukfinex shall have no liability to Users in connection with such additions, removals or amendments.

3.1 Crypto-to-crypto and Fiat Trading :

Upon completion of the registration and identity verification for your Ukfinex Account, you may conduct Crypto-to-crypto Trading on Ukfinex in accordance with the provisions of these Terms and Ukfinex Platform Rules. Upon sending an instruction of using Ukfinex Services for Crypto-to-crypto Trading (an "Order"), your account will be immediately updated to reflect the open Orders, and your Orders will be included in Ukfinex s order book to match other users Orders. If one of your Orders fully or partially matches another users Order, Ukfinex will execute an exchange (a "Transaction"). Once the Transaction is executed, your account will be updated to reflect that the Order has been fully executed and closed, or the Order has been partially executed. The Order will remain uncompleted until it is fully executed or cancelled under paragraph (b) below. You agree to pay Ukfinex the fees specified in https://ukfinex.live/. Ukfinex may, in its discretion, update the fees at any time. Any updated fees will apply to any sales or other Transactions that occur following the effective date of the updated fees. You authorize Ukfinex to deduct from your account any applicable fees that you owe under these Terms.

3.2 Staking Service :

Ukfinex launched Flexible and Fixed Staking Services for specific types of Digital Currencies to reward, as per certain rules, users who hold such Digital Currencies in their Ukfinex Accounts. When participating in Staking, you should note that :

Important Reminder :