Terms and Conditions
By using the websites and services you affirm that you are a recognized major or adult or have achieved the legal age as per your country’s law and as an individual or representative of any other individual, entity or organization, are in full legal capacity to enter into this user agreement between you and the company. If not, you and your guardians shall undertake all responsibility of consequences resulting from your actions and company has the rights to block or cancel your account, forfeit the goods and services in it and take action against you and your guardians for compensation.
Buzzex may not render all of its services in all markets and/or geographies and may prohibit or restrict the use of any or all of its service in any jurisdiction.
Number of Buzzex accounts
A user is allowed to have only one account. However, Buzzex may at its sole discretion, allow or limit the number of accounts per user, per household and/or per IP address and take necessary further actions, like forfeiture of balances and/or legal action and similar other actions.
Account Information and Security
You can enjoy some of the services we provide without creating a Buzzex account. However, to enjoy most or all services you are required to register your account with us and provide all the information we request and also update these when there is any change.
If you register in Buzzex through a Social Networking Service (SNS) you agree to allow Buzzex to access your Third Party account as permitted under the applicable terms and conditions that govern your use of such third party accounts. You agree that you are entitled to disclose your Third Party login details and grant access to your third party account without obligating company to pay any fees and without breach by you of any terms and conditions of such third party account.
Buzzex takes the security of its members seriously and more so as it operates a cryptocurrency exchange which holds the funds of its members and hence takes all the viable measures of security but there are account-level risks as well. We assume that you understand the same and take all precautions at your level. By registering you agree that you create a strong password which you do not use for any other website or service and you are solely responsible for its security, you agree to provide accurate and authentic information, that you maintain the security of your account and immediately notify us in the case of any breach, that you take the responsibility of all activities under your account and accept all risks associated with it.
Buzzex offers enhanced security for your account (for example 2Factor Authorisation). It is your responsibility to secure and continuously control the machine you link to your Buzzex account for 2FA.
In some cases we may ask your KYC documents (Know Your Customer), you agree to provide us with the same on request. One such case could be when you use our 2FA security feature to strengthen the security of your account and lost or reset the phone which you have linked to your Buzzex account and so unable to login to your account.
The information can also be used for detection of money laundering, terrorist financing, fraud and other financial crimes. You also agree to allow us to abide by the laws when such information is asked and to comply with global industry standards for data retention you allow us to keep the records of this information.
Licenses and Updates
Subject to your compliance of the terms, we grant you the limited, non-exclusive, non-transferable, revocable license to download, install and use a copy of the app on a single mobile device or computer that you own or access the website for your own personal or internal business purposes. With respect to apps downloaded from app marketplace like Google Play Store or similar such places, you agree to abide by their terms and conditions.
You understand that Buzzex is an evolving business and there would be updates to the websites, app, services and/or terms. Your continuous use would require you to accept the updates. You agree that Buzzex may make the updates with or without notifying you.
Use of Websites and Services
We, at our sole discretion, reserve the right to anytime restrict or refuse the service we provide or impose any condition(s) for use of our services, without prior notice. Like, but not limited to, we may restrict the number of Open orders you can have or a minimum/maximum trade or withdrawal amount you are required.
You can cancel an order placed within our websites, only till that order is pending. Once that order is executed you may not cancel the same or ask us for it. In case of partial fulfillment of the orders you can cancel the balance but not the portion which has already been executed.
In case of insufficient funds in your account, your order may be cancelled either in full or we may use the available balance and partially complete your order, covering our fees.
You agree that you are responsible for the calculation and remittance of taxes to your county, if any, on your earnings from our websites and services. You agree that we are not responsible for determining the same and collecting, reporting and remitting to relevant authorities.
Buzzex may open or close any offer or market at its sole discretion. When Buzzex close an offer(s) or market(s) and you have open orders for them, the same will be credited back to your account.
Buzzex reserves the right to add or remove any virtual currency from its exchange. In case it removes any virtual currency from its exchange for any reason, Buzzex will make reasonable efforts to notify users and you will have 15days to transfer the balance in your account of that virtual currency. Buzzex will not be responsible for any loss or expenses due to such removal of virtual currency.
From time to time, Buzzex announces various contests and reward the winners with prize(s). Every contest has its own rules, terms and conditions.
You agree that you will not question the places Buzzex shows ads (if any) of advertisers on websites. You understand that showing ads on these or more pages contributes in the growth of the company which in turn may or may not be beneficial to its members’.
You agree that we don’t act as a broker, agent or financial advisor and any communication provided by us shall not be construed as any advice. On listing any token, coin or virtual currency in Buzzex, we do not approve or disapprove of its integrity, security or operational efficiency.
Buzzex reserves the right to include or exclude any member whether currently the member of affiliate system or not, from its affiliate system, at its sole discretion for violation of terms or any other reason and you agree not to take any legal recourse against us in any case.
You agree that in your promotions of your affiliate link you will not use data, information, or materials which are false or deceiving in any way or you will not use strategies like spamming that affect our brand negatively. You should not advertise in any way that conceals or misrepresents your identity and you should at all times clearly represent yourself as independent of Buzzex. It will be entirely your responsibility not to use third party copyrighted materials or other intellectual property and not to violate their terms and conditions in your promotions.
You grant to Buzzex a fully paid-up, worldwide, transferable, royalty-free, perpetual, sub licensable, irrevocable, non-exclusive, license to use, copy, modify, display, perform, create derivative works of, publish and distribute, in any form, medium or manner, any text, data, materials, information, images, or other content you provide to Buzzex using the Company Websites and/or Services. You agree and warrant that you own the user content or have the right to grant the rights to the contents and their use to/by Buzzex and that grant does not and will not violate or infringe on the rights of any third party. Buzzex may remove any user content from the websites for any reason at the sole discretion of Buzzex.
You agree that your any use, action, decision or reliance on any content, information, material or data posted on/via Buzzex websites or services is at your own risk. We do not support, endorse, represent, guarantee or warrant the accuracy, truthfulness, genuineness, completeness or reliability of any content or communication, whether posted publicly or in private messages. You understand that contents, data, information or material posted on/via Buzzex websites or services may be offensive, harmful, inaccurate, false, or otherwise inappropriate. We may not monitor or control the contents and we cannot take responsibility for contents.
Assumptions of Risks
Buzzex operates a cryptocurrency exchange where you can buy and sell virtual currencies and tokens. You understand that trading in these instruments contain financial risk and agree to bear loss, if any. You agree that Buzzex will have no responsibility or liability in such cases. The loss could be due to many factors including, but not limited to
- Loss in value of the coins or tokens due to attack on their underlying technology or loss of confidence due to the fear of attack.
- No increase in value due to complexity of the underlying technology, functions or characteristics of the particular virtual currency.
- The technology or business supporting the virtual currency may cease to operate causing the loss in value.
- Buzzex may cease to support the storage, trading or transfer of any virtual currency any time at its sole discretion. Other exchanges may do the same.
- Buzzex may suspend or terminate the support of any virtual currency suspending your access to services to comply with any applicable laws and regulations or to comply with any other terms of service.
- Loss in value due to factors including, but not limited to, discovery of wrongful conduct, market manipulation, ceasing of support by exchanges.
- Losses due to cases like, but not limited to, infiltration or hacking of our security system.
- Loss of value due to regulatory, legislative or other governmental actions.
- Loss of tokens or coins due to sending the same at wrong address where it’s left unrecoverable.
- Losses due to factors like, but not limited to, hacking or intercepting of your system.
You agree that you have the necessary technical knowledge to review and evaluate any virtual currency, its underlying technology, features, integrity and operational efficiency. You accept the risks of trading and are responsible for your trading decisions which are presumably based on your analysis. It is suggested that you should not purchase any virtual currency unless you have the sufficient financial resources and can afford to lose all of your investment. You understand that the cryptocurrency market is highly volatile and contains higher risks for its rewards.
You agree that you understand all kinds of risk and Buzzex will not be responsible or liable for any loss suffered by you. You agree that you waive or discharge Buzzex, its owners, members, employees, directors or representatives irrevocably from any or all claims whether you’re aware of same or not.
You agree that we are not liable for any price fluctuations. In the event of any market disruption, we may suspend your access to our websites and services, prevent you from completing any actions like closing of an open exchange order and we will not be liable to any loss incurred by you from such happenings. When websites are reopened you agree that prevailing rates may differ from the rates before such an event.
Buzzex considers the security of utmost importance and take measures to maintain continuity of its websites and services. In the event of planned downtime, we announce in advance. However, Buzzex does not take responsibility and will be non-accountable to events and incidents like, but not limited to, act of God, malicious hacking, terrorist attacks.
You agree that you understand and accept risks associated with utilizing an Internet Based Service to do financial transactions. The risks may include, but not limited to, software or hardware failure or disruption in Internet Services, You agree that we are not responsible for any loss or expenses caused to you due to such risks.
Funding in and out of your account
To enjoy some or all aspects of the website and services, you may wish to send virtual currencies from your external account to your Buzzex account. By agreeing to terms you declare that you control the external address you use to fund your Buzzex account. In case where you wish to withdraw virtual currencies from your Buzzex account to external address, you agree to be vigilant to confirm your external address, like but not limited to, the completeness of address, suitability of the type of virtual currency the address relates to, and are eligible to withdraw amount available in your Buzzex account less fee, if any. You are solely responsible of the accuracy of the details of the transaction. In the case of misinformation you understand that amount you send will permanently get lost and Buzzex will not be liable.
The timing of completion of any transaction depends upon third party related factors and Buzzex takes no guarantee for time it may take to complete a transaction.
It is the nature of cryptocurrency that all transactions are final and there is no refund or chargeback. So, we will not be able to reverse any transactions done through our system.
Rectification of errors
Buzzex may discover error(s) during the operations. It will at its sole discretion, attempt to reverse or cancel any order or trade or transfer with respect to which Buzzex has discovered the error. The transaction may or may not involve you. You agree and authorize Buzzex of such rectification attempt and agree that we do not guarantee or warranty that any such attempt will be successful and have no responsibility or liability for the error or rectification attempt.
If there is any dispute between users or between users and third party, you agree that Buzzex is under no obligation to get involved. If there is any dispute you release Buzzex, its employees, directors, owners, or any representative from claims, damages, or demands whether actual or consequential, of any kind or nature, whatsoever.
If Buzzex is notified or become aware in any manner that tokens, coins or currencies held in your account is stolen or illegally occupied by you, it reserves the right to put a hold on the withdrawal until the conclusion is reached and dispute is resolved and evidences of resolution of dispute has been provided to Buzzex, in acceptable to us form. Acceptance will depend on case basis. Buzzex does not involve itself in disputes. You agree that Buzzex will not have any responsibility for such hold or your inability to withdraw or trade during the period of dispute.
A contract under these terms and conditions shall be governed by and construed in accordance with [English law]. Any disputes relating to a contract under these terms and conditions shall be subject to the [exclusive / non-exclusive] jurisdiction of the courts of [England]. In no event shall any action, claim or proceeding by you related in any way to website or service or any part thereof, be instituted more than 2 (two) years from the day of the cause of action.
You agree to pay the defined, then applicable, fee for the use of products and services we offer including but not limited to transaction and withdrawal fee, which we have the right to change from time to time. The amount of fee depends upon the product or service you use and is defined at the relevant place where the product or service is mentioned. Any change in the fee structure will reflect at the relevant place. You agree and accept that any and all fees are non-refundable unless specifically mentioned. You authorize us to charge the required fee and deduct the balance from your account in connection with the transactions, wherever required.
Communications from Buzzex
You provide us your consent to receive communications, agreements, documents, disclosures or notices from us in electronic form, like, but not limited to, email, global notifications or community platforms. To access the communications a computer device with Internet connection would be required. Your carrier’s charges may apply.
You may at your discretion withdraw the consent to receive such communications by clicking the unsubscribe button in the emails or by contacting our helpdesk. Doing so Buzzex may suspend, limit the use or terminate your account at its discretion.
Acceptable use of our services
While using our websites and services you agree that you will not violate any term, law, contract or third party right or cause any harm to the websites, business or other members and are responsible for your conducts and behavior. You agree that we have the rights to take corrective measures including, but not limited to, suspending your account, limiting your access, denying you the service or legal action. Maintaining the implication of the above statement you agree that
- You will be responsible for your actions and interactions and not use the websites and/or services in a manner that could affect negatively or inhibit other users from understanding our business and interfere in their fully using and enjoying the products and services we offer.
- You will not use our services to engage in or finance illegal activities, terrorism or money laundering.
- You will not use any bot, crawler, spider or other automated means not provided by us to extract data or use our services.
- You will not use or attempt to use other member’s account without written permission.
- You will not attempt to access any service or area you are not authorized to access.
- You will not stalk, harass, abuse, threaten, demean or its form to any of the related party of this website or the website itself for any whatsoever reason. If we believe you are offensive we reserve the right to immediately terminate your account and take appropriate action as we see fit which include but not limited to legal action.
- You will not either in your capacity or through third party, copy or adapt the object code of the website and its features or reverse engineer, reverse assemble, modify or attempt to discover the source code of any part of the website, unless it is publicly available.
- You will not copy, modify, adapt, republish or attempt to copy, modify, adapt or republish any content or feature or functionality from the website and use it under your name, unless expressly permitted in written.
- You will not license, sell, rent, transfer distribute, lease, host, assign or otherwise commercially exploit company properties or any portion thereof.
- You agree that Buzzex has no responsibility to pre-screen and verify the data, text, music, sound, photographs, videos and other materials on and through the company properties. However, Buzzex reserves the right to perform any such pre-screening or post analysis and at sole discretion, edit or remove any data on and from the company properties.
- You will not attempt to interfere with the website or services by any means including but not limited to hacking, submitting a virus, or crashing the servers. We reserve the right to investigate any situation that appears to involve any of the above and may report such matters to appropriate law enforcement authorities and co-operate with them in their proceedings prosecuting any user who has participated and/ or caused any violations.
- You will not develop or get developed any program, service or application that interact with our websites or services without prior written consent from us.
- You will not provide false or misleading information.
- You will not post contents which are at our sole discretion defamatory, obscene, hateful, harmful, sexually explicit, indecent, vulgar, lewd, harassing, threatening, offensive, discriminatory, racist, deceptive or otherwise objectionable.
- You will not post contents which are unsolicited marketing, political campaigning, Spam, any chain messaging or contents designed to deceive the recipients.
- You will not encourage any third party to engage in any activity(ies) against these terms.
Buzzex will own the exclusive rights to any feedbacks, suggestions, ideas, proposals you provide whether orally or in written through email, community forum, chat or through any other medium. Any feedback submitted by you is non-confidential and becomes the property of Buzzex. We will be entitled for unrestricted use of such feedback/idea/suggestion/proposal for any purpose, commercial or otherwise without any credit, compensation or acknowledgement to you. You waive any moral or material rights (including copyright) to such feedbacks. Please do not provide us any feedback if you expect any credit or compensation from us. We encourage you to be creative and have new ideas but we may already have the same or similar ideas, and we do not want any dispute. You agree you will not submit any feedback that is defamatory, offensive, illegal or in any way violates the terms, agreement or rights of third party. A user may report to Buzzex about such feedbacks and Buzzex may remove the feedback and take action to enforce these terms on the user who provided the feedback.
Copyright, Trademarks and other Intellectual Property Rights
You agree that Buzzex and its owners own all rights, title and interest in the company properties. That you will not remove, alter or obscure any trademark, copyright, or other proprietary rights associated with company properties. Company’s logo, graphics, theme, trade names used in connection with company properties are trademarks of company and may not be used without written permission. Other trademarks and trade names that may appear on or in company properties are the property of respective owners.
Third Party Content
While using our websites and services you may view third party content. We do not control or endorse that content and have no responsibility of their accuracy, authenticity, decency or objectionable factor. We have no responsibility for any loss or damage occurred by you while acting on that content. You understand that you do so at your own risk.
Suspension, Discontinuation or Termination of Service
We conduct our business following the basic policy of going concern entity but if due to any unforeseen events which render us inoperable we may, at our sole discretion and without any liability to you, with or without any prior notice, suspend your access to our websites and services, any or all.
If you wish to terminate the service provided by Buzzex, you can do so by contacting our helpdesk . https://support.buzzex.io
Indemnification and limitation of liability
You agree to indemnify Buzzex, its directors, owners, employees, affiliates and representatives from and against any claim and damage, including but not limited to, legal fee, fine, penalty, arising out of your breach or our enforcement of this agreement. This shall also apply to any law, regulation, or rights of third party while your use of Buzzex websites and services.
The parties to indemnification shall have no liability whatsoever, and you release all indemnified parties from all damages and costs resulting from your use or inability to use our websites and/or services even if indemnified parties have been advised or made aware of possibility of such damage.
Disclaimer of Warranties and Guarantees
You agree that we do not claim any warranties or guarantees whether or not in relation to our websites and services. We expressly disclaim and you waive, all warranties and guarantees of any kind, whether express or implied, to, but not limited to, accuracy, fitness, reliability, or completion of contents, information or material. We do not warrant that our websites and services are risk free of any virus or any other harmful components or your use of them will be uninterrupted, timely, and secure or error free. No advice or information, in any form, mode or medium obtained from company or any company property or party related to company in any form, should be construed as warranty or guarantee.
You agree that information, data, facts, materials you store or transfer through our services may become lost whether temporary or permanent, corrupted or unavailable due to various causes like, but not limited to, software failures, attacks, act of God, Internet Outages whether in or out of our control. You are solely responsible for backing up your data.
You understand and agree that Buzzex in no event whatsoever will be responsible for any loss of profit or revenue or data or information or damage, direct or indirect arising out of or in connection with company properties resulting from, use or inability to use company properties, procurement of goods or services , data or information for transactions entered through the company properties, unauthorized access to or alteration of your data or transmissions, conduct of any third party on company properties or any other matter related to the company properties.
In some jurisdictions certain damages are not allowed to be excluded. If those laws apply to you, some or all of the above exclusions or limitations may not apply to you and you might have additional rights.
Buzzex operate an affiliate system and it is possible that you are introduced to Buzzex through an affiliate. Although we expect affiliates to be fair and truthful in their promotions and marketing efforts, you however, agree that we do not take any responsibility for the contents, data, information, or materials affiliates use or strategies, or plans they make to advertise. You agree that we are not liable for any damage, loss whether financial or otherwise suffered by you due to misleading information, if any, used by the affiliates. You warrant that in no case you will take any action against us.
These terms contain the entire agreement and supersede all prior understandings between parties regarding the services. These terms do not alter the terms or conditions of any other electronic or written agreement you may have with the company.
Delay or failure from our side in exercising any right in accordance with these terms shall not mean the waiver thereof.
The invalidity of any of these terms shall not affect the validity and enforceability of any other terms of service.
The headings are for convenience only and shall not be construed as limitation of terms and provisions for that section. These terms of services are applicable in entirety.
The company shall not be liable and responsible for any loss or damage arising out of any inaccuracy, error or omission of any information or events beyond reasonable control including, but not limited to, earthquake, flood or any other act of God, war, terrorism, fire, power failure, riot, labor dispute, action of government, software or hardware malfunction or any other event beyond our reasonable control.
If you have any question, doubt or concern please contact us through our helpdesk https://support.buzzex.io/
Buzzex is a sister concern of ADZbuzz Limited, operating as a separate entity.
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