Terms and Conditions

Effective date: 1st October 2023

1. Introduction

Welcome to the Terms and Conditions of Coin Corner Limited governing the use of the www.coincorner.exchange platform ("Platform"). These terms are crucial for both you and us as they set the legal rights and obligations which apply when you use our Platform.
1.1 Definition of Key Terms
The following terms shall have the indicated meanings:
  • "Platform": Refers to the CoinCorner bot and CoinCorner OTP platform web exchange, including all software, hardware, databases, interfaces and other associated components and services.
  • "Cryptocurrency": Refers to digital or virtual currencies using cryptography for security, including but not limited to Bitcoin, Ethereum, and other altcoins.
  • "User": Refers to any individual or entity who accesses or uses the Platform.
  • "Transaction": Refers to the act of exchanging, storing, or stacking Cryptocurrency via the Platform.
  • Other defined terms are as stated elsewhere in these Terms.
1.2 Acceptance of Terms
By accessing, registering or using the Platform, the User agrees to be bound by these Terms in their entirety. Should the User disagree with any part of these Terms, they must cease use of the Platform immediately.
1.3 Modifications to Terms
Coin Corner Limited reserves the right to modify these Terms at any time. It is the User's responsibility to review these Terms periodically for any changes.

2. Eligibility

2.1 Age Requirement
Users must be at least 18 years of age to register and use the Platform.
2.2 Legal Capacity
Users must have full legal capacity to enter into binding agreements.

3. Account Registration

3.1 Account Creation
To access and use the Platform, Users are required to create an account by providing accurate, current, and complete information as prompted by the registration process.
3.2 Account Verification
Users may be required to complete a verification process as part of setting up their account, and maintain accurate, current, and complete information in accordance with our verification processes.

4. User Responsibilities

4.1 Account Security
Users are responsible for maintaining the confidentiality of their account credentials and for all activities that occur under their account.
4.2 Accurate Information Provision
Users must provide accurate, current, and complete information during the registration process and other instances when such information is requested.

5. Privacy Policy

The Privacy Policy, which is separately referenced, governs the collection, use, and disclosure of personal information by Coin Corner Limited.

6. Intellectual Property Rights

6.1 Ownership and License
All intellectual property rights in and to the Platform, including but not limited to trademarks, service marks, and copyrights are owned by or licensed to Coin Corner Limited.
6.2 Restrictions
Except as expressly permitted by applicable law or authorized by Coin Corner Limited, Users shall not modify, adapt, sublicense, translate, sell, reverse engineer, decompile or disassemble any portion of the Platform.

7. Use of CoinCorner Services

7.1 CoinCorner Bot
The CoinCorner Bot allows Users to perform Cryptocurrency transactions in a fast, simple, and secure manner.
7.2 CoinCorner OTP Platform Web Exchange
The CoinCorner OTP Platform Web Exchange facilitates the storage, exchange, and stacking of Cryptocurrency assets 24/7, providing a secure environment for these operations.

8. Transactions

8.1 Transaction Procedures
Users are required to follow the established procedures on the Platform for conducting Transactions.
8.2 Transaction Limitations
Certain limitations may apply to Transactions, including restrictions on volumes or values, which will be disclosed to Users on the Platform.

9. Deposits and Withdrawals

9.1 Deposit Procedures
Users may deposit Cryptocurrency into their Platform account in accordance with the procedures outlined on the Platform.
9.2 Withdrawal Procedures
Users may withdraw Cryptocurrency from their Platform account subject to the procedures and any conditions or restrictions set forth on the Platform.

10. Fees and Charges

10.1 Transaction Fees
Fees may be applied to Transactions conducted on the Platform, as disclosed to Users at the time of the Transaction.
10.2 Other Fees
Additional fees may apply for other services provided on the Platform, as disclosed to Users.

11. Account Suspension and Termination

11.1 Suspension
Coin Corner Limited may suspend a User's account if there is suspected unlawful activity or a breach of these Terms.
11.2 Termination
Coin Corner Limited reserves the right to terminate a User’s account under certain conditions as outlined in these Terms.

12. Dispute Resolution

12.1 Contact CoinCorner
Users are encouraged to contact Coin Corner Limited with any disputes which may arise in relation to their use of the Platform.
12.2 Formal Dispute Resolution
Formal dispute resolution procedures will be initiated if necessary, as further described in these Terms.

13. Limitation of Liability

13.1 Liability
Coin Corner Limited’s liability is limited to the maximum extent permitted by law.
13.2 Indemnification
Users agree to indemnify Coin Corner Limited against certain liabilities, as further described in these Terms.

14. Service Availability

14.1 Service Interruptions
Service may be interrupted for maintenance, repairs or due to unforeseen circumstances, with efforts made to restore service as soon as possible.
14.2 Maintenance
Scheduled and emergency maintenance may occur, during which time the Platform may be unavailable.

15. Compliance with Laws

15.1 Legal Compliance
Users are required to comply with all applicable laws, regulations, and rules in their respective jurisdictions while using the Platform.
15.2 Tax Compliance
Users are solely responsible for determining what, if any, taxes apply to their Transactions and are responsible for reporting and remitting the correct tax to the appropriate tax authority.

16. Anti-Money Laundering and Counter-Terrorism Financing

16.1 AML Policy
Users must adhere to Coin Corner Limited’s Anti-Money Laundering (AML) policies as outlined on the Platform.
16.2 Reporting Obligations
Users are required to report any suspicious activities in accordance with the AML policies.

17. Third-Party Services

17.1 Third-Party Links
The Platform may contain links to third-party websites or services which are not owned or controlled by Coin Corner Limited.
17.2 Third-Party Integrations
Users may have the option to integrate third-party services with the Platform, subject to the terms and policies of those third-party services.

18. Communications

18.1 Electronic Communications
Users consent to receive electronic communications from Coin Corner Limited relating to their account or use of the Platform.
18.2 Record Keeping
Electronic communications will be stored by Coin Corner Limited and may be used for recordkeeping purposes.

19. Risk Disclosure

19.1 Investment Risks
Cryptocurrency investments are volatile and can result in loss; Users should consider their financial situation before engaging in Transactions.
19.2 Market Risks
Market conditions can change rapidly, affecting the value and liquidity of Cryptocurrency investments.

20. Miscellaneous Provisions

20.1 Severability
If any provision of these Terms is found to be unenforceable, the remaining provisions will continue to be in full force and effect.
20.2 Waiver
Failure of Coin Corner Limited to enforce any right or provision of these Terms will not constitute a waiver of such right or provision.

21. Governing Law and Jurisdiction

21.1 Governing Law
These Terms will be governed by the laws of Saint Vincent and the Grenadines.
21.2 Jurisdiction
Any disputes arising out of or relating to these Terms or use of the Platform will be resolved in the jurisdiction of Saint Vincent and the Grenadines.

22. Entire Agreement

22.1 Entire Agreement
These Terms constitute the entire agreement between the User and Coin Corner Limited regarding the use of the Platform.
22.2 Superseding Clauses
These Terms supersede any prior agreements or understandings between the User and Coin Corner Limited.

23. Assignment

23.1 Assignment by CoinCorner
Coin Corner Limited may assign its rights and/or obligations under these Terms to any third party at its discretion.
23.2 Assignment by User
Users may not assign their rights and/or obligations under these Terms without the express written consent of Coin Corner Limited.

24. Force Majeure

24.1 Event of Force Majeure
Neither party shall be liable for any failure to perform its obligations where such failure is as a result of Acts of Nature (including fire, flood, earthquake, storm, hurricane, or other natural disaster), war, invasion, act of foreign enemies, hostilities (whether war is declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation, terrorist activities, nationalization, government sanction, blockage, embargo, labor dispute, strike, lockout, or interruption or failure of electricity or telephone service.
24.2 Obligations During Force Majeure
Each party agrees to inform the other upon becoming aware of an Event of Force Majeure, the obligations will be suspended until the cessation of the event causing the failure.

25. Contact Information

25.1 Customer Support
For any inquiries or assistance, Users may contact Coin Corner Limited’s customer support as provided on the Platform.
25.2 Corporate Information
Coin Corner Limited’s corporate contact information is available upon request through the Platform’s customer support.