The terms set forth in this User Agreement (hereinafter referred to as the “Agreement”) is between you and CCX. References in this Agreement to “CCX” are hereinafter referred to as “we”, “our” or “us” and references to “you” or “your” is in direct reference to the person whom uses the services provided on our platform.
Risks of Trading and Holding Digital Currencies
We kindly remind you that the risk of loss in trading or holding coins, tokens or additional digital assets (hereinafter collectively referred to as “Digital Currencies”) can be substantial, and that you acknowledge the underlying risks when deciding to trade or hold Digital Currencies.
Due to the risk of substantial losses, you should carefully consider whether trading or holding Digital Currencies is a suitable option for you. Digital Currencies are decentralised and not backed by a central bank, government or legal entities. Consequently, the value of Digital Currencies is highly dependent upon market factors, confidence of investors, regulatory announcements or changes, and any other relevant factors.
To be eligible to use the CCX Services (hereinafter referred to as “Services”), you must be at least 18 years old.
Digital Currency Services
CCX is owned, operated and controlled by CCX.
The following Services are provided to you by CCX:
1.Transaction services which enable you to send and receive Digital Currencies.
2.Digital Currency Services
One or more hosted digital currency wallets enabling you to store, track, transfer, and manage your balances of the Digital Currencies supported on our platform, such as Bitcoin (BTC) and Ethereum (ETH).
Exchange services which enable you to obtain prices for your sales and purchases of Digital Currencies;
Conversion services which enable you to buy and sell Digital Currencies in transactions with CCX.
A full list of CCX’s fees can be found on https://home.ccxcanada.com/fees/
Digital Exchange Services
Our platform enables you to engage in the following when trading on our platform:
Transferring/Withdrawals. Users are provided with wallet addresses for supported Digital Currencies to enable them to transfer and withdraw from their account at any given time. Each transaction conducted on the platform is subject to a trading fee. The fee is provided on the CCX website and we reserve the right to adjust our fees at any time. A full list of CCX’s fees can be found on https://ccxcanada.com
Authorisations; Reversals; Cancellations. By clicking the “Buy” or “Sell” button on our website, you are authorising us to initiate the transaction at the quoted Buy Price or Sell Price and agree to any associated exchange fees. You cannot cancel, reverse, or change any transaction marked as complete or pending.
You warrant to us you are using our services for the purposes of trading Digital Currencies.
By opening an account on CCX, you confirm that you will not use our services in connection with any of following businesses, activities, practices, or items, or any illicit activities whatsoever, including but not limited to:
a. Terrorist financing;
b. Money laundering;
c. Illegal gambling;
d. Distributing or funding drugs and drug paraphernalia;
e. Malicious hacking;
f. Any business activity we believe that poses elevated financial risk, including legal liability, pyramid schemes, network marketing and referral marketing programs.
g. Knowingly or recklessly providing us with inaccurate or incomplete information through our platform;
h. Reverse engineer, disassemble or otherwise attempt to construct, copy or replicate our source code, formulas or processes;
i. Interfere with the security of our platform or the safe use of the Platform by others (including without limitation by way of distributing viruses, corrupted files or other similar software or programs that may damage the operation of any computer hardware or software or which are otherwise directed at the website or its users);
g. Use our platform for any purpose that is unlawful or prohibited or in a way which infringes the intellectual property rights or other rights of any person (including us);
k. Knowingly or recklessly use and/or take advantage of a technical or technological error, loophole or glitch on CCX’s Platform and Services;
l. Use the Platform or the information contained in it for commercial purposes which are competitive to the Platform or our business or which would otherwise be detrimental or prejudicial to our interests in any way;
m. Use systematic, repetitive or other related methods which are designed to generate or obtain repetitive and repeated amounts of data or other information from or to the Platform or which may otherwise place an unreasonable load on the infrastructure of the Platform;
n. Publish, post, distribute, disseminate or send ‘spam material’ or engage in any communication that is offensive, false, unlawful, defamatory, indecent, unfair or inappropriate in any way to others, which would reasonably be considered ‘spam’ or which is deliberately false, misleading, or deceptive (or likely to mislead or deceive);
o. Collect or store personal data about other users of the Platform;
p. Do anything else which may interfere with or negatively affect the operation of our Platform, Services or other users.
Access to Services
Registration of CCX Account
By creating an account on CCX, you authorise us to make enquiries that we consider necessary to verify your identity or protect you and/or us against fraud or other financial crime, and to take action we reasonably deem necessary based on the results of such inquiries.
The verification of your identity and on-boarding of your account may take up to 10 business days to complete. You represent and warrant that the information you provide to us is correct and up-to-date. The information we request may include certain personal information, including, but not limited to, your name, address, telephone number, e-mail address, date of birth, taxpayer identification number, government identification number, and information regarding your bank account (such as the name of the bank, the account type, routing number, branch number, and account number).
By providing us with the above mentioned information or any other information that may be required, you confirm that the information is accurate and authentic. You agree to keep provide us with an update in the event that the information provided has been changed. When we carry out these inquiries, you acknowledge and agree that your personal information may be disclosed to credit reference and fraud prevention or financial crime agencies and that these agencies may respond to our inquiries in full; which would be provided for the sole purposes of conducting the necessary background checks and should have no adverse effect towards your credit rating.
To access our services, you must have the necessary equipment or devices (such as a smartphone or tablet) and access to the Internet. Our services can be accessed directly using the CCX website.
Use of CCX Services
Your Digital Currency Wallet enables you to transact Digital Currencies by requesting, receiving, and storing them from a third party by giving instructions through the CCX Site (“Digital Currency Transaction”).
Digital Currency Transactions
We will process digital currency transactions in accordance with the instructions we receive from you. You should verify all transactional information prior to submitting instructions to us. We do not guarantee the identity of any user, recipient, requestee or other party. Digital currency transactions cannot be reversed once they have been broadcasted to the relevant network.
If you initiate a digital currency transaction by entering the recipient’s email address and the recipient does not have an existing CCX Account, we will invite the recipient to open a CCX Account. If the recipient does not open a CCX Account within 30 days, we will return the relevant Digital Currencies to your original wallet.
Once submitted to our network, the transaction will be unconfirmed for a period of time. A digital currency transaction is not complete while it is being confirmed or in a pending state. Digital Currencies associated with such transactions that are in a pending state will be designated accordingly, and will not be included in your wallet’s balance or be available to conduct further transactions.
We may charge network fees to process a Digital Currency Transaction on your behalf. We will calculate the network fee in its discretion, although we will always notify you of the network fee at or before the time you authorise the Digital Currency Transaction. A full list of CCX ‘s fees can be found on https://ccxcanada.com We may refuse to process or cancel any pending Digital Currency Transaction as required by law or any court or other authority to which CCX is subject in any jurisdiction.
Supported Digital Currencies
Our digital currency services are available only in connection with those Digital Currencies which are supported on our platform, which may be subject to change depending on certain circumstances. Under no circumstances should you attempt to use your CCX wallet to store, send, request, or receive digital currencies in any form that we do not support (although we will use reasonable efforts to help you move or sell Digital Currencies that we no longer support). We assume no responsibility or liability in connection with any attempt to use your CCX wallet for Digital Currencies that we do not support. To access a list of Digital Currencies we currently support, please visit https://home.ccxcanada.com/fees/
Third Party Payments
We have no control or liability for the delivery, quality, safety, legality or any other aspect of any goods or services that you may purchase, sell to or from a third party (including other users of CCX Digital Currency Services). We are not responsible for ensuring that a third party buyer or seller you transact with will complete the transaction or is authorised to do so. If you experience a problem with any goods or services purchased from, or sold to, a third party through our digital currency services, or if you have a dispute with such third party, you should resolve the dispute directly with the third party. If you believe a third party has behaved in a fraudulent, misleading, or inappropriate manner, or if you cannot adequately resolve a dispute with a third party, you may notify CCX Support at info@CCX.com so that we may consider what action to take, if any.
The transmission of information over the Internet is not completely secure. In particular, emails to or from us and information submitted to or accessed via our platform may not be secure and you should use discretion in deciding what information you send to us via these means.
You acknowledge that you are using our platform and services (and obtain and transmit data to it) entirely at your own risk, that it is provided on an ‘as is’ basis and that we do not make any representations or warranties as to the security, availability of our platform and services or that your access or use will be uninterrupted, timely or secure.
We cannot guarantee the identity of other users, recipients or other parties you engage with.
You must notify CCX immediately of any unauthorised access or use of your account, password or any other applicable breach of our Platform and Services by submitting a support request on our website.
Release of CCX. If you have a dispute with one or more users of the CCX Services, you agree that neither we nor our affiliates, service providers, nor any of our respective officers, directors, agents, partners, employees and representatives will be liable for any claims, demands and damages (actual and consequential) of any kind or nature arising out of or in any way connected with such disputes.
Indemnification. You agree to indemnify us, our affiliates and service providers, and each of our or their respective officers, directors, agents, employees and representatives, in respect of any costs (including attorneys’ fees and any fines, fees or penalties imposed by any regulatory authority) that have been reasonably incurred in connection with any claims, demands or damages arising out of or related to your breach and / or our enforcement of this Agreement or your violation of any law, rule or regulation, or the rights of any third party.
Limitations of Liability. We shall only be liable to you for loss or damage caused directly and reasonably foreseeable by our breach of this Agreement and our liability in these circumstances is limited as set out in the remainder of this section.
Warranties. We do not provide any warranty in relation to your use of our platform and services and we do not provide any warranty that the information displayed on our Platform and in relation to the services is up-to-date, accurate or complete. CCX’s platform and services do not provide information to evaluate whether you should invest, use and trade in Digital Currencies. We give no warranties, guarantees or accept any liability (except that which cannot be excluded by law) in relation to the statements, representations and information of others (including without limitation data, reports and analyses) displayed on our platform and in relation to our services.
CCX may suspend, limit, restrict, deactivate or terminate your access to CCX’s services, including your CCX Account, if:
a. We are, in our reasonable opinion, required to do so by applicable law or any court or other authority to which we are subject in any jurisdiction;
b. We reasonably suspect you of acting in breach of this Agreement;
c. We have concerns that a transaction is erroneous, that your CCX Account is at security risk, or we suspect that the CCX Services are being used in a fraudulent or unauthorised manner;
d. We suspect money laundering, terrorist financing, fraud, or any other financial crime;
e. Use of your CCX Account is subject to any pending litigation, investigation, or government proceeding and/or we perceive a heightened risk of legal or regulatory non-compliance associated with your Account activity;
f. You take any action that may circumvent our controls such as opening multiple CCX Accounts or abusing promotions which we may offer from time to time.
g. You may cancel your CCX Account at any time, following the settlement of any pending transactions or trades. You will not be charged any fees for cancelling your CCX Account; however, you must pay any outstanding amounts owed to us.
CCX will communicate with customers via email and telephone and will never provide links to other websites or request sensitive information such as 2-factor codes and passwords. If you are not sure if the email or telephone call you received is secure and from a trusted source, please email us info@CCX.com and we will be able to assist you.
By using our platform and services, you accept that it is your responsibility to determine whether and to what extent, any taxes apply to any transactions or trades you conduct through our Services. It is also your responsibility to seek professional tax advice with respect to personal, business and self-managed superfund CCX Accounts as well as to ensure that you are compliant and that the platform and features satisfy your requirements. CCX does not provide any advice or take any responsibility for information that you receive through our platform and services.