Terms and conditions of XproCrypto.com

The Terms and Conditions with all its content apply to access and usage of any services provided by XproCrypto.com, a beneficiary of UK CAPITAL FIRST LIMITED Reg. No. 11027474, 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX (“we”, “us”, “company”) including but not limited to all the content located at http://XproCrypto.com , any mobile applications related to it, any wallet services and the exchange services as provided by us described in the Terms (collectively referred to as “services”) by any natural person of full legal capacity (“you”). The Terms and Conditions do not alter in any way other terms/conditions/agreements one is capable to agree for. XproCrypto.com reserves the right to modify and amend Terms and Conditions at anytime and in our sole discretion. In case of any revision of the terms and conditions, continuos usage of services of XproCrypto.com will be regarded as equal acceptance of revisioned provisions. If you do not agree to amended provisions, you are expected to stop using the services immediately and contact our support regarding deactivation of your account.

Other capitalized terms

“XproCrypto.com Account” – is a user account accessible by the Services where currencies (including Crypto Currencies and physical ones) are stored by XproCrypto.com on behalf of the user.

“Crypto Currency” – means Bitcoin, Litecoin, Ethereum, Ripple and any other Crypto Currency that  is subject to the exchange services provided by the company.

“External Currency Address” – any Crypto Currency address owned, used and maintained outside

http://XproCrypto.com and not being operated, controlled ot owned by XproCrypto.com.

“Hosted wallet” – a wallet operated, controlled and owned by XproCrypto.com, that is used to store Crypto and physical currency associated to your XproCrypto.com Account. You are allowed to send Crypto Currency from and to this wallet using External Currency Addresses and by the transfer of physical currencies (in a form of credit/debit card payment or bank wire transfer, subject to technical limitations).

“Currency” – is referred both to real (physically existing, like USD, GBP) and crypto currencies.

Eligibility, registration, KYC policy

XproCrypto.com may not make all of its services available in all states and jurisdictions. The company reserves the right to restrict/prohibit use of the services on certain states/territories/jurisdictions basing on the relevant legal acts. In case that a state introduces a ban of using exchange services, XproCrypto.com is entitled (but not obliged) to provide users residing in that territory with a notification (in a form of email/notification on a website/any other means regarded as effective). The services are available solely for people of full legal age (for the purpose of the Terms and conditions it will be equal to 18 years old) and full legal and mental capacity to use the services.

By registering on http://XproCrypto.com.com/ you confirm that:

  • You have not been suspended/removed from using our Services for any reasons.
  • You have full power and authority to enter to an agreement and this agreement by itself is not in violation of any legal obligations arising from other agreements you are a party to.
  • You are of legal age to enter any contractual and binding obligations.
  • You are not a resident of state/jurisdiction where such services are forbidden to be used.
  • You do not intend and never will use this site for any sort of illegal activity, including (but not limited to): fraud, blackmail, ransoming data, extortion, illegal gambling, financing terrorism, money laundering or any other violent activities.

For usage of services on behalf of any entity, you warrant that the entity is established and exists in accordance with the relevant legislation (on international, national and local level) and you are authorized to accept the Terms and conditions on behalf of this entity and that entity itself confirms it will be responsible to us if you will be found violating these terms and conditions.

XproCrypto.com reserves the right to limit amount of accounts per single user in its sole discretion.

Allowed usage of services

While registering on our website or using our services, you agree not to violate any applicable law (contract, tort, intellectual property or criminal) of us or a third party, and that you are the only responsible for your actions and conduct during usage of our services.

The non-exclusive list of such forbidden actions:

1) Using services in a form negatively affecting using of our services by other users by damaging/disabling/overburdening/impairing the XproCrypto.com platform.

2) Using services to pay/support or engage illegal activities (including but not limited to gambling/fraud/money-laundering/terrorist activities).

3) Using any piece of software not provided by us to access our services/extract data from the website.

4) Attempting/using account of other users (or operating on behalf of a legal entity) without their written authotization.

5) Attempting/accessing services/areas of services which are supposed to be accessed only by an authorized personnel of the XproCrypto.com,

6) Introducing/attempting to introduce viruses/trojan worms/malware/spyware/logic bombs and other harmful material.

7) Developing/using third-party software interacting with the services without prior consent/agreement.

8) Providing false data (like contact details, personal data and place of residence).

9) Publishing content regarded as spam/chain messages, unsolicited promotions/political/religious campaigning, or content deceiving or otherwise tricking other users.

10) Posting communications/content being (in our sole discretion) obscene, fraudulent, deceptive, sexually explicit (including pornographic content), abusive, threatening, hateful, harassing, vulgar, libelous, defamatory, profane etc.

11) Posting confidential/personal information of any third party, including (but not limiting): personal details, photos, credit/debit card details, address.

12) Aiding and abetting/encouraging third party to engage in actions falling under one of the activities listed above.

Account Security and information

In order to participate in an exchange transactions as provided by XproCrypto.com, you are obliged to create an account on http://XproCrypto.com.com/  and provide us with all the requested information.

Creation of account means that you declare that:

  • Your password is strong and safe, protected from being used by unauthorized parties (this includes general access to the device you are going to use for making exchange transactions or using secure internet connections).
  • All the information given is truthful and accurate.
  • In case of change of any of the details provided while registration, you promptly update your profile with up to date data.
  • In case of finding/suspecting any security breaches related to your account you promptly notify our support department.
  • You take responsibility for all activities taking place on your account and you acknowledge and accept all risks of any authorized/unauthorized access to your account to the maximum extent permitted by law.

Know Your Customer Policy (KYC) and Anti Money Laundering (AML) provisions

XproCrypto.com is following the relevant guidance and legislation to protect itself from any type of activity related to money laundering or other criminal activities. This includes (but not limits to): identity verification and authentication of user data against eg. Governmental watch lists. If user or his transaction will be found suspicious as a result of investigation performed, XproCrypto.com has the right to suspend any transactions, deposits and/or withdrawals subject on that account subject to additional proof of verification. Only after succesful and sufficient proof of identification is delivered and checked, XproCrypto.com will approve further usage of the platform by the user.

Agreeing to the Terms in equivocal in confirmation and understanding that XproCrypto.com is maintaining verification levels requiring user verification (which involves active user participation). Without such verification access to the services is highly limited (no currency exchange can take place on the account). XproCrypto.com has the right to determine at its sole discretion verification criteria, including (but not limited to) personal, address verification (like nationality, country of residence and other factors) and in case of using credit/debit card for a transaction scan/photo of front and back of the card used (subject to one requirement – covering 8 digits in the middle of the card number) with reserving possibility of implementation further verification levels as imposed by relevant legislation at a time. Refusal to do so may affect your ability to perform currency exchange or limit/forbid your access to the account on XproCrypto.com. By accepting terms and conditions you declare XproCrypto.com harmless against any inability to use the services and potential losses arising because of such verification procedure.

Privacy

Your personal information is being shared with third parties only as outlined in the Privacy Policy or (in most cases) as required by the law enforcement/court order/identity verification/legal reporting obligations.

Please be aware that using Internet (especially on publicly accessible unsecured WiFi networks) may not always be secure, and transmission of data and information can be lost/intercepted/altered during transit. Therefore XproCrypto.com does not assume any liability (without limitation) for losses/damages incurred by the transmissions over the internet, including (but not limited) the platform or e-mail containing your personal data. XproCrypto.com stresses its own commitment to undertake any commercially reasonable efforts to provide security of your information provided to us in accordance to the Privacy Policy, yet in no case will that information be deemed to be confidential, creating fiduciary obligations for us or impose any liability for XproCrypto.com in situation of negligent release of information/third parties unauthorized access.

General trading conditions

Restrictions – at any time given XproCrypto.com reserves the right to refuse exchange transaction submitted by the services, and is entitled to imposing limits on exchange numbers/amount or any other limitations/conditions/restrictions without prior notice – like restricting certain location from specified (or all) types of transactions.

Data accuracy – you must provide accurate and complete information when creating account, account verification or any situation requiring you to do so.

Cancelling exchange – you can cancel exchange only before executing the transaction itself. Once executed, you cannot change/cancel/withdraw/cancel authorization for transaction on XproCrypto.com. In case of such attempt we deserve the right to refuse to recognize such cancellation order.

Insufficient balance – in case of insufficient balance on your Hosted Wallet for performing an exchange using the services provided by us, then depending on the balance size order will not be executed/will be executed subject to account balance and fees taken by XproCrypto.com for performing such exchange (eg. Instead of purchasing 1 Bitcoin, you will purchase ½ of Bitcoin).

Taxation – it is sole responsibility of yours to determine what taxes apply to the exchange transactions you complete via XproCrypto.com exchange and to which authorities such tax should be reported and collected by.

Market availability – XproCrypto.com reserves the right to open and close market for any of the currencies (either physical or Crypto) in its sole discretion. If a market for a particular Currency is closed, any open orders that you may have for such Currency will be proceeded in accordance with the rates on the moment of execution of the exchange.

Currency availability – we retain the right, in our sole discretion to include or remove any currency. Unless otherwise required by the law/law enforcement, XproCrypto.com can, but is no bound to notify users regarding such removal. Company cannot be held liable for any losses/liability/expenses related and resulting from removal of such currency.

Account usage and currency exchange

Account funding – In order to perform an exchange via the services, you need first to load funds (in form of physical or crypto currency) to your Hosted Wallet at http://XproCrypto.com.com/ This can be done in case of physical currency by credit/debit card or bank wire transfer, or in case of crypto currencies – loading a crypto currency to your wallet. You are obliged to verify and confirm that you are the one whose External Crypto Currency Address is being used for loading your Hosted Wallet, or alternatively – that you are authorized to carry out such transaction, or you are entitled to act on behalf of entity (in such cases written authorization is required). Please be aware that sending a crypto currency from your account to a third party wallet might take time, and sometimes party administering the new location might reject your transfer/transfer can fail due to the technical issues or other temporary issues affecting directly/indirectly our platform. In no case XproCrypto.com can be held liable for damages arising from a transfer being rejected.

Transferring Crypto Currency to the external address.

Subject to the requirement of maintaining sufficient balance to cover transfer fees, you are allowed to  request sending any amount of the Crypto Currency from your Hosted Wallet to an External Crypto Currency Address (in other words – you authorize us to execute such transaction on your account).  It is your own responsibility to check the accuracy of such address – in case of providing incorrect address your funds are not recoverable and XproCrypto.com cannot be held liable for such errors. The transfer of your crypto currency might consume different amounts of time due to the features of the currency itself, therefore we cannot give you guarantees as to the precise value of cryptocurrency and time taken by the transfer itself.

Contacting

While registering with XproCrypto.com, you are obliged to provide us with a valid email address and update it if needed. You may withdraw consent of receiving emails from us by sending a notice, yet by doing so you acknowledge that usage of the services might be terminated/suspended on this account. Any communication from us to you shall be deemed as effectively provided, even in cases of providing us incorrect contact data/our email being blocked by your service provider/intercepted in spam folder/your inbox being full/other reasons of you being unable to receive electronic communications.

Exchange limitations

XproCrypto.com reserves the right, on its sole discretion to refuse execution of exchange, imposing trading limits (in form of daily number or amount of exchanges limitations) at any time without notice. In case of company suspecting transaction related to money laundering/terrorist financing/fraud/any other criminal activity or prohibited use as stated in the Terms and conditions (eg account opened only for purpose of sending funds from external Crypto currency account to the Hosted Wallet and next to another external Crypto Currency account without any sort of exchange), XproCrypto.com is empowered to refuse to process, cancel/reverse any transaction or disable a User’s account and deposit address.

Authorization

Each submission of exchange order by the services means an authorization of XproCrypto.com to execute  a transaction in accordance with current currency rates and subject to transaction fees.

Relationship between XproCrypto.com and a user

XproCrypto.com on no moment constitutes a broker/agent/advisor/any fiduciary capacity relationship with its users. As well no communication received by the customer shall be deemed as any sort of trading advice/recommendation.

Exchange summary

Before exchange takes place, there is an information summarizing the details of the transactions, including number or coins/amount of physical currency subject to buy/sell order, applicable fees and total cost of transaction. Once you execute the exchange, your order history will be updated with this position.

Market volatility

User agrees that price fluctuations typical for the Crypto Currency market are fully independent from the XproCrypto.com. In the event of market disruption/Force Majeure, the company reserves the right to either suspend access to the exchange services or prevent its customers from completing any action. We cannot be held liable for any losses resulting from such actions. After such situation taking place, when transactions will become available back, you acknowledge that market rates might be a lot different.

Blockchain

As online exchange XproCrypto.com does not own/control any of the software through which blockchain networks are formed/operated and coins created/transacted. By agreeing to the Terms and Conditions you acknowledge, that our company cannot be held responsible for functionality/security/availability of such networks and that the underlying protocols are subject to sudden changes as speaking of their operation rules (also known as so called “forks”) which can cause changes in Crypto currency value/function/name. In case of fork/hacker attack taking place, XproCrypto.com keeps the right to temporarily suspend services (even without a notice) or decide to reconfigure its systems/cease supporting forked network in general. In latter case XproCrypto.com will provide with an opportunity to withdraw that currency coins to one of other networks. 

Possible risks

Each manner of using Internet services is related to risk of hardware and software malfunctions,  internet connection failures. By agreeing to the Terms and Conditions, you agree that XproCrypto.com cannot be held liable for any communication failures/delays/errors/disruptions/distortions when using services, no matter of its cause. Conditions beyond our control may have a significant impact upon market liquidity of a Crypto currency (including, but not limited to regulatory activity, unexpected price volatilities or events taking place outside the internet). By their very nature the value of Crypto Currencies is highly volatile and buying/selling/holding them is related to a high risk. As well, in case of attack on a Crypto Currency our company cannot be held liable for any lost value or stolen property. Blockchain networks may go offline due to number of reasons, including bugs or hard forks, as well as become under online attack.

As cryptocurrency network works on a basis of decentralized network of independent third parties, it might automatically accept/reject your exchange/substantially delay transaction. As our company does not control the network, it cannot be held liable for any errors/omissions coming either from your or cryptocurrency network

If at any moment one of the representatives of XproCrypto.com would provide you with exchange recommendations, market commentary etc – it imposes no due diligence obligation nor it is a legally binding obligation on XproCrypto.com and its employees.

Fees

By accepting these Terms and Conditions, you agree to pay us transfer exchange fees. The transfer fees might change over the time, and their size can be seen on a transaction window. Any changes in fee size will become effective immediately for all the users. The authorization of exchange means automatic authorization for us/our payment processor to charge/deduct funds covering the transfer fee.

Communications

Registration at XproCrypto.com requires a consent for you to receive electronically all communications (including agreements, receipts, disclosures, notices) provided by our company regarding account/Hosted Wallet/general use of the services to the email address/phone number provided. We highly recommend to keep copies of those communications (at least in electronic form in order to save trees for choosing not to print on paper).

In order to receive communications and use services of XproCrypto.com beside having an active email account with sufficient space for the new correspondence it is required to have a device with the internet connection, as well as this device should have current web browser with encryption and cookies being enabled and a telephone.

Intellectual property, trademarks and communications

Unless otherwise stated, all copyrights and intellectual property rights in all content and other materials available on our website/provided with connection to the services provided, including but limiting to:

  • Company logo and its graphic designs as well as pictures, audio and video materials
  • Information
  • Software
  • Data

and any combinations of them – are the proprietary property of the XproCrypto.com/its licensors/suppliers, and are protected by international and national legislation regarding copyright and intellectual property rights.

For the purpose of using services provided by our company, every user is entitled to a license to use the company materials for personal/business use. The license is nonexclusive, non-assignable and not sublicensable. The license explicitly forbids a user to resale the license, make public display/perform/distribute of the company, modify/derivate exchange system or any of its elements, use/publish any materials for any unintended by the company purposes – unless the written permission by the company is given. Termination of the account automatically terminates the given license.

XproCrypto.com, with all the names of services/logos/slogans available at http://XproCrypto.com are trademarks of the XproCrypto.com and may not be used/copied/imitated in whole/in part without written agreement. Written permission is required as well in case of using metatags/”hidden text” with any materials belonging to XproCrypto.com (including but not limited to: trademarks, look and feel of services/graphic layout, all their elements). None of these features can be used/copied/altered both wholly and partially unless written permission is given. Other trademarks, names of products/brands/companies and their logos are an intellectual property of their respective owners. Reference to any of those does not imply/constitute any sort of promoting/sponsoring/any sort of endorsement from and to the companies/their owners.

By registering you agree that all the materials you provide on our platform/one of the social media accounts regarding XproCrypto.com and its services (also referred as “feedback”) are nonconfidential and will become a sole property of XproCrypto.com, and that the company holds exclusive rights (including intellectual ones) to it, and is therefore entitled to use/publish such materials for any purpose (including commercial one) without any compensation towards you or any other user.

Third Party Content

For the purpose of providing its services, XproCrypto.com is using content provided by third parties. Such content might take you to further content/webpages not controlled/owned by us, therefore we shall have no responsibility for that third party content, none of the material which might turn out to be incomplete/erroneous/indecent/offensive/misleading or otherwise objectionable and therefore we cannot be held liable for any losses/damages resulting from usage of such material. Any interaction of user and third party with its content is solely at users risk.

Termination of services

In case of Force Majeure, violation of the terms or any conditions making provision of the Services impossible/commercially unreasonable/illegal for XproCrypto.com, the company reserves the right to suspend access of its users to some/all of the available services with/without prior notice. Any services provided by us can be modified/removed either temporarily or permanently without any prior notice and without any liability for possible losses/damages. If user is found violating any of the provisions included in Terms and Conditions or Privacy Policy, we are entitled to terminate his/hers access to the services without prior notice and delete/deactivate account with all the information related to it. In the event of termination (unless law enforcement/court will rule otherwise), the company is going to attempt to return Crypto Currency/invested physical currency.

WARRANTIES DISCLAIMER

THO THE MAXIMUM EXTENT UNDER APPLICABLE LAW AND EXCEPTED EXPRESSLY STATED OTHERWISE IN WRITING, ALL THE SITE MATERIALS AND SERVICES PROVIDED BY IT ARE “AS IS” AND “AS AVAILABLE”. WE EXPRESSLY DISCLAIM AND YOU WAIVE ALL WARRANTIES OF ANY KIND (IMPLIED/EXPRESSED) INCLUDING (BUT NOT LIMITED TO): IMPLIED WARRANTIES OF MERCHANTABILITY/FITNESS FOR A PARTICULAR PURPOSE/TITLE AND NON-INFRINGEMENT OF SERVICES OF XproCrypto.com (INCLUDING MATERIALS/INFORMATION/CONTENT AVAILABLE ON THE WEBSITE). THE COMPANY DOES NOT WARRANT/STATE/REPRESENT THAT MATERIALS/SERVICES AVAILABLE ON THE SITE ARE RELIABLE/COMPLETE/ACCURATE/ERROR-FREE. WE CANNOT WARRANT/REPRESENT THAT SERVICES ARE FREE OF ANY SORT OF HARMFUL COMPONENTS (INCLUDING, BUT NOT LIMITED TO VIRUSES, TROJANS, SPYWARE, MALWARE).

EACH USER ACKNOWLEDGES THAT ANY PIECE OF INFORMATION TRANSFERED/STORED WHEN USING OUR SERVICES MAY BECOME LOST OR DAMAGED (IRRETRIEVABLY OR TEMPORARILY) DUE TO NUMBER OF REASONS, INCLUDING BUT NOT LIMITED TO SOFTWARE FAILURES, HARMFUL COMPONENTS AND MATERIALS, PROTOCOL CHANGED BY THIRD PARTY PROVIDERS, INTERNET OUTAGES/MALFUNCTIONS (INCLUDING BUT LIMITED TO SLOW CONNECTIONS OR DATA PACKET LOSSES, FORCE MAJEURE/ANY OTHER DISASTERS, MAINTENANCE (IRRELEVANTLY WHETHER SCHEDULED OR NOT), OR ANY OTHER CAUSES BEING WITHIN/OUTSIDE CONTROL OF XproCrypto.com. MAINTAINING DUPLICATES/BACK UPS OF ANY INFORMATION STORED/TRANSFERED VIA OUR COMPANY SERVICES IS A SOLE RESPONSIBILITY OF EACH USER.

CONSIDERING FACT OF DIFFERENT JURISDICTIONS APPLICABLE TO THE CUSTOMERS OF XproCrypto.com SOME/ALL OF THESE DISCLAIMERS MAY NOT BE APPLICABLEBASING ON THE FACTOR OF RESIDENCE.

LIMITATION OF LIABILITY AND IDEMNITY

THE INDEMINIFIED PARTIES CANNOT BE HELD LIABLE AND YOU RELEASE THE INDEMNIFIED PARTIES FROM COSTS/DAMAGES/LIABILITIES BEING A RESULT OF USE/INABILITY TO USE SERVICES/MATERIALS PROVIDED BY XproCrypto.com. THIS INCLUDES (WITHOUT LIMITATIONS): CONSEQUENTIAL/INCIDENTIAL/ECONOMIC/INDIRECT/DIRECT/SPECIAL/ PUNITIVE DAMAGES – OR DAMAGES RELATED TO THE LOSS OF DATA (EVEN IN CASE OF INDEMNIFIED PRTY BEING ADVISED OF SUCH POSSIBILITY). IN NO EVENT ANY LIABILITY OF INDEMNIFIED PARTIES CAN ARISE IN CASES OTHER THAN WHERE WE HAVE BEEN FRAUDULENT INCLUDING BUT NOT LIMITED TO PRODUCT LIABILITY, WARRANTY, CONTRACT, TORT (INCLUDING PASSIVE/ACTIVE/IMPUTED NEGLIGENCE), STRICT LIABILITY OR OTHER EVENTS RELATED TO USE/INABILITY TO USE THE SERVICES. THIS DISCLAIMER WITH ALL OF ITS CONTENT APPLIES TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW (CONSIDERING SOME JURISDICTION MAY NOT ALLOW EXCLUSION/LIMITATION CLAUSES).

BY ACCEPTING TERMS AND CONDITIONS YOU ACKNOWLEDGE AND AGREE TO DEFEND/HOLD HARMLESS/INDEMNIFY XproCrypto.com, ITS AFFILIATIES, CONTRACTORS, SERVICE PROVIDERS, REPRESENTATIVES FROM ANY: DAMAGES, LOSSED, COSTS OR EXPENSES, CLAIMS, DEMANDS INCLUDING COVERING COST OF LEGAL REPRESENTATIVES REGARDING TO YOUR USAGE OF SERVICES/PROVIDED FEEDBACK/VIOLATION OF TERMS AND CONDITIONS OR RIGHTS OF OTHER NATURAL PERSONS OR LEGAL ENTITIES.

Applicable law and disputes

UK CAPITAL FIRST LIMITED Reg. No. 11027474, owner of XproCrypto.com is based in United Kingdom, therefore in case of any dispute, it is subject to legal obligations arising from the British legislation (including collaborating with government agencies, law enforcements and court orders, following money anti-laundering procedures and know your customer policy). If you choose to use services as provided by XproCrypto.com, you as well are responsible to comply with following all laws/rules/legislation being applicable at your place of residence.

Other provisions

1) Failure/delay in exercising any sort of priviledge/power/right under Terms and Conditions does not constitute a waiver..

2) If one or more of the provisions of these Terms and Conditions is found to be invalid/unenforceable, the rest of these terms are still intact and in full force and effect.

3) Any event beyond reasonable control of XproCrypto.com, including but not limited to: extraordinary weather conditions, glood, earthquake, fire, war, riot, labour dispute, insurrection, accidents, actions of authorities, communications, power failure, software/hardware malfunction, act of God (each being under category of “Force Majeure Event”) will not hold our company liable for any indirect (including, but not limited to inaccuracies/errors/delays/omissions/transmissions/deliveries of information) or direct losses or damages  resulting in losses or damage.

4) No user is allowed to transfer or assign own rights and obligations arising from the provisions of the Terms and Conditions without prior notice. The company is empowered, subject to the terms and conditions to transfer some/all of these rights and obligations to perform such transfer without any notice.

5) These Terms and Conditions are containing agreement between you and company. Some of the elements of Terms and Conditions are specified in other documents (including, but not limited to Know Your Customer Policy form, Privacy Policy) In case of conflict of these terms with other provisions available in the materials available on platform, Terms and Conditions clauses are prevailing, making the other clause void.

6) If we would be holding your funds (either in form of traditional or crypto currency) and will be unable to return them to you after inactivity (despite several contact attempts), then in accordance to unclaimed property laws provisions we are empowered to remit such funds.