javascript required

Ecoin Terms of Use


Last revised: 16, June, 2021

These Ecoin Terms of Use are entered into between you (hereinafter referred to as “you” or “your”) and Ecoin operators (as defined below). By accessing, downloading, using or clicking on “I agree” to accept any Ecoin Services (as defined below) provided by Ecoin (as defined below), you agree that you have read, understood and accepted all of the terms and conditions stipulated in these Terms of Use (hereinafter referred to as “these Terms”) as well as our Privacy Policy at https://ecoinofficial.org/privacy. In addition, when using some features of the Services, you may be subject to specific additional terms and conditions applicable to those features.

Please read the terms carefully as they govern your use of Ecoin Services.THESE TERMS CONTAIN IMPORTANT PROVISIONS INCLUDING AN ARBITRATION PROVISION THAT REQUIRES ALL CLAIMS TO BE RESOLVED BY WAY OF LEGALLY BINDING ARBITRATION. The terms of the arbitration provision are set forth in Article 10, “Resolving Disputes: Forum, Arbitration, Class Action Waiver”, hereunder. As with any asset, the values of Digital Currencies (as defined below) may fluctuate significantly and there is a substantial risk of economic losses when purchasing, selling, holding or investing in Digital Currencies and their derivatives.BY MAKING USE OF Ecoin SERVICES, YOU ACKNOWLEDGE AND AGREE THAT: (1) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; (2) YOU SHALL ASSUME ALL RISKS RELATED TO THE USE OF Ecoin SERVICES AND TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; AND (3) Ecoin SHALL NOT BE LIABLE FOR ANY SUCH RISKS OR ADVERSE OUTCOMES.

By accessing, using or attempting to use Ecoin Services in any capacity, you acknowledge that you accept and agree to be bound by these Terms. If you do not agree, do not access Ecoin or utilize Ecoin services.


I. Definitions

  1. Ecoin refers to an ecosystem comprising Ecoin websites (whose domain names include but are not limited to https://www.ecoinofficial.org), mobile applications, clients, applets and other applications that are developed to offer Ecoin Services, and includes independently-operated platforms, websites and clients within the ecosystem (e.g. Ecoin’s Open Platform, Ecoin Launchpad, Ecoin Charity, The Coin Wallet, The Coin Exchange and others). In case of any inconsistency between relevant terms of use of the above platforms and the contents of these Terms, the respective applicable terms of such platforms shall prevail.
  2. Ecoin Operators refer to all parties that run Ecoin, including but not limited to legal persons, unincorporated organizations and teams that provide Ecoin Services and are responsible for such services. For convenience, unless otherwise stated, references to “Ecoin” and “we” in these Terms specifically mean Ecoin Operators.UNDER THESE TERMS, Ecoin OPERATORS MAY CHANGE AS Ecoin’S BUSINESS ADJUSTS, IN WHICH CASE, THE CHANGED OPERATORS SHALL PERFORM THEIR OBLIGATIONS UNDER THESE TERMS WITH YOU AND PROVIDE SERVICES TO YOU, AND SUCH CHANGE DOES NOT AFFECT YOUR RIGHTS AND INTERESTS UNDER THESE TERMS. ADDITIONALLY, THE SCOPE OF Ecoin OPERATORS MAY BE EXPANDED DUE TO THE PROVISION OF NEW Ecoin SERVICES, IN WHICH CASE, IF YOU CONTINUE TO USE Ecoin SERVICES, IT IS DEEMED THAT YOU HAVE AGREED TO JOINTLY EXECUTE THESE TERMS WITH THE NEWLY ADDED Ecoin OPERATORS. IN CASE OF A DISPUTE, YOU SHALL DETERMINE THE ENTITIES BY WHICH THESE TERMS ARE PERFORMED WITH YOU AND THE COUNTERPARTIES OF THE DISPUTE, DEPENDING ON THE SPECIFIC SERVICES YOU USE AND THE PARTICULAR ACTIONS THAT AFFECT YOUR RIGHTS OR INTERESTS.
  3. Ecoin Services refer to various services provided to you by Ecoin that are based on Internet and/or blockchain technologies and offered via Ecoin websites, mobile applications, clients and other forms (including new ones enabled by future technological development). Ecoin Services include but are not limited to such Ecoin ecosystem components as Ecoin Launchpad, The Coin Exchange etc.
  4. Ecoin Platform Rules refer to all rules, interpretations, announcements, statements, letters of consent and other contents that have been and will be subsequently released by Ecoin, as well as all regulations, implementation rules, product process descriptions, and announcements published in the Help Center or within products or service processes.
  5. Users refer to all individuals, institutions or organizations that access, download or use Ecoin or Ecoin Services and who meet the criteria and conditions stipulated by Ecoin. If there exist other agreements for such entities as developers, distributors, market makers, and Digital Currencies exchanges, such agreements shall be followed.
  6. Digital Currencies refer to encrypted or digital tokens or cryptocurrencies with a certain value that are based on blockchain and cryptography technologies and are issued and managed in a decentralized form.
  7. Digital Assets refer to Digital Currencies, their derivatives or other types of digitalized assets with a certain value.
  8. Ecoin Accounts refer to the foundational virtual accounts, including main accounts and subaccounts, which are opened by Ecoin for Users to record on Ecoin their usage of Ecoin Services, transactions, asset changes and basic information. Ecoin Accounts serve as the basis for Users to enjoy and exercise their rights on Ecoin.

II. General Provisions

1. About These Terms

  1. Contractual Relationship
    These Terms constitute a legal agreement and create a binding contract between you and Ecoin Operators.
  2. Supplementary Terms
    Due to the rapid development of Digital Currencies and Ecoin, these Terms between you and Ecoin Operators do not enumerate or cover all rights and obligations of each party, and do not guarantee full alignment with needs arising from future development. Therefore,THE PRIVACY POLICY (https://ecoinofficial.org/privacy), Ecoin PLATFORM RULES, AND ALL OTHER AGREEMENTS ENTERED INTO SEPARATELY BETWEEN YOU AND Ecoin ARE DEEMED SUPPLEMENTARY TERMS THAT ARE AN INTEGRAL PART OF THESE TERMS AND SHALL HAVE THE SAME LEGAL EFFECT. YOUR USE OF Ecoin SERVICES IS DEEMED YOUR ACCEPTANCE OF THE ABOVE SUPPLEMENTARY TERMS.
  3. Changes to These Terms
    Ecoin reserves the right to change or modify these Terms in its discretion at any time. Ecoin will notify such changes by updating the terms on its website (https://ecoinofficial.org/terms) and modifying the [Last revised] date displayed on this page. ANY AND ALL MODIFICATIONS OR CHANGES TO THESE TERMS WILL BECOME EFFECTIVE UPON PUBLICATION ON THE WEBSITE OR RELEASE TO USERS. THEREFORE, YOUR CONTINUED USE OF Ecoin SERVICES IS DEEMED YOUR ACCEPTANCE OF THE MODIFIED AGREEMENT AND RULES. IF YOU DO NOT AGREE TO ANY CHANGES TO THESE TERMS, YOU MUST STOP USING ECOIN SERVICES IMMEDIATELY. YOU ARE RECOMMENDED TO FREQUENTLY REVIEW THESE TERMS TO ENSURE YOUR UNDERSTANDING OF THE TERMS AND CONDITIONS THAT APPLY TO YOUR ACCESS TO AND USE OF ECOIN SERVICES.
  4. Prohibition of Use
    BY ACCESSING AND USING ECOIN SERVICES, YOU REPRESENT AND WARRANT THAT YOU HAVE NOT BEEN INCLUDED IN ANY TRADE EMBARGOES OR ECONOMIC SANCTIONS LIST (SUCH AS THE UNITED NATIONS SECURITY COUNCIL SANCTIONS LIST), THE LIST OF SPECIALLY DESIGNATED NATIONALS MAINTAINED BY OFAC (THE OFFICE OF FOREIGN ASSETS CONTROL OF THE U.S. DEPARTMENT OF THE TREASURY), OR THE DENIED PERSONS OR ENTITY LIST OF THE U.S. DEPARTMENT OF COMMERCE. Ecoin RESERVES THE RIGHT TO CHOOSE MARKETS AND JURISDICTIONS TO CONDUCT BUSINESS, AND MAY RESTRICT OR REFUSE, IN ITS DISCRETION, THE PROVISION OF Ecoin SERVICES IN CERTAIN COUNTRIES OR REGIONS.

2. About Ecoin

Ecoin is a token that has all the qualities of an asset just like USD, INR etc. which is turning all receivers and consumers into investors at the same time. Ecoin tokens can be mined by doing simple free tasks or participating in various daily activities like Shopping, Groceries, mobile recharge etc.

The Ecoin ecosystem is designed in such a way that it’s price will always go up from full functional phase. The tokens are limited and the foundation will buy these Ecoins to supply cashback or rewards from the Fiat payment we get from B2B clients. This creates Network effect and Endowment effect for which 90% of our consumers never sold their Ecoins.


3. Ecoin Account Registration and Requirements

  1. Registration
    All Users must apply for an Ecoin Account at (https://ecoinofficial.org/signup) before using Ecoin Services. When you register an Ecoin Account, you must provide your real name, email address and password, and accept these Terms, the Privacy Policy, and other Ecoin Platform Rules. Ecoin may refuse, in its discretion, to open an Ecoin Account for you. You agree to provide complete and accurate information when opening an Ecoin Account, and agree to timely update any information you provide to Ecoin to maintain the integrity and accuracy of the information. Only one User can be registered at a time, but each individual User (including any User that is a business or legal entity) may maintain only one main account at any given time. Institutional Users (including Users that are businesses and other legal entities) can open one or more sub accounts under the main account with the consent of Ecoin. For certain Ecoin Services, you may be required to set up a special account independent from your Ecoin Account, based on the provisions of these Terms or the Supplementary Terms. The registration, use, protection and management of such trading accounts are equally governed by the provisions of this article and article 6, unless otherwise stated in these Terms or the Supplementary Terms.
  2. Eligibility
    By registering to use a Ecoin Account, you represent and warrant that (i) as an individual, you are at least 18 or are of legal age to form a binding contract under applicable laws; (ii) as an individual, legal person, or other organization, you have full legal capacity and sufficient authorizations to enter into these Terms; (iii) you have not been previously suspended or removed from using Ecoin Services; (iv) you do not currently have a Ecoin Account; (v) you are a non-U.S User, unless you only log on to use Ecoin Services for U.S. Users. If you act as an employee or agent of a legal entity, and enter into these Terms on their behalf, you represent and warrant that you have all the necessary rights and authorizations to bind such legal entity; (vi) your use of Ecoin Services will not violate any and all laws and regulations applicable to you, including but not limited to regulations on anti-money laundering, anti-corruption, and counter-terrorist financing.
  3. User Identity Verification
    Your registration of an account with Ecoin will be deemed your agreement to provide required personal information for identity verification. Such information will be used to verify Users’ identity, identify traces of money laundering, terrorist financing, fraud and other financial crimes through Ecoin, or for other lawful purposes stated by Ecoin. We will collect, use and share such information in accordance with our Privacy Policy. In addition to providing such information, you agree to allow us to keep a record of that information during the period for which your account is active and within five (5) years after your account is closed, in compliance with global industry standards on data storage. You also authorize us to conduct necessary investigations directly or through a third party to verify your identity or protect you and/or us from financial crimes, such as fraud. The information we require to verify your identity may include, but is not limited to, your name, email address, contact information, phone number, username, government-issued ID, date of birth, and other information collected during account registration. When providing the required information, you confirm it is true and accurate.AFTER REGISTRATION, YOU MUST ENSURE THAT THE INFORMATION IS TRUE, COMPLETE, AND TIMELY UPDATED WHEN CHANGED. IF THERE ARE ANY GROUNDS FOR BELIEVING THAT ANY OF THE INFORMATION YOU PROVIDED IS INCORRECT, FALSE, OUTDATED OR INCOMPLETE, Ecoin RESERVES THE RIGHT TO SEND YOU A NOTICE TO DEMAND CORRECTION, DIRECTLY DELETE THE RELEVANT INFORMATION, AND, AS THE CASE MAY BE, TERMINATE ALL OR PART OF Ecoin SERVICES WE PROVIDE FOR YOU. IF WE ARE UNABLE TO REACH YOU WITH THE CONTACT INFORMATION YOU PROVIDED, YOU SHALL BE FULLY LIABLE FOR ANY LOSS OR EXPENSE CAUSED TO Ecoin DURING YOUR USE OF Ecoin SERVICES. YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE THE OBLIGATION TO UPDATE ALL THE INFORMATION IF THERE IS ANY CHANGE. BY REGISTERING AN ACCOUNT, YOU HEREBY AUTHORIZE Ecoin TO CONDUCT INVESTIGATIONS THAT Ecoin CONSIDERS NECESSARY, EITHER DIRECTLY OR THROUGH A THIRD PARTY, TO VERIFY YOUR IDENTITY OR PROTECT YOU, OTHER USERS AND/OR Ecoin FROM FRAUD OR OTHER FINANCIAL CRIMES, AND TO TAKE NECESSARY ACTIONS BASED ON THE RESULTS OF SUCH INVESTIGATIONS. YOU ALSO ACKNOWLEDGE AND AGREE THAT YOUR PERSONAL INFORMATION MAY BE DISCLOSED TO CREDIT BUREAUS AND AGENCIES FOR FRAUD PREVENTION OR FINANCIAL CRIME PREVENTION, WHICH MAY RESPOND TO OUR INVESTIGATIONS IN FULL.
  4. Account Usage Requirements
    The Ecoin Account can only be used by the account registrant. Ecoin reserves the right to suspend, freeze or cancel the use of Ecoin Accounts by persons other than account registrant. If you suspect or become aware of any unauthorized use of your username and password, you should notify Ecoin immediately. Ecoin assumes no liability for any loss or damage arising from the use of Ecoin Account by you or any third party with or without your authorization.
  5. Account Security
    Ecoin has been committed to maintaining the security of User entrusted funds, and has implemented industry standard protection for Ecoin Services. However, the actions of individual Users may pose risks. You shall agree to treat your access credentials (such as username and password) as confidential information, and not to disclose such information to any third party. You also agree to be solely responsible for taking the necessary security measures to protect your Ecoin Account and personal information. You should be solely responsible for keeping your Ecoin Account and password, and be responsible for all the transactions under your Ecoin Account. Ecoin assumes no liability for any loss or consequences caused by authorized or unauthorized use of your account credentials, including but not limited to information disclosure, information release, consent or submission of various rules and agreements by clicking on the website, online agreement renewal, etc. By creating a Ecoin Account, you hereby agree that: you will notify Ecoin immediately if you are aware of any unauthorized use of your Ecoin Account and password or any other violation of security rules; you will strictly abide by all mechanisms or procedures of Ecoin regarding security, authentication, trading, charging, and withdrawal; and you will take appropriate steps to logout from Ecoin at the end of each visit.
  6. Personal Data
    Your personal data will be properly protected and kept confidential, but Ecoin has the right to collect, process, use or disclose your personal data in accordance with the Terms (including the Privacy Policy) or applicable laws. Depending on the products or services concerned, your personal data may be disclosed to the following third parties:
    your transaction counterparty; Ecoin Operators, and the shareholders, partners, investors, directors, supervisors, senior managers and employees of such entities;
    our joint ventures, alliance partners and business partners;
    our agents, contractors, suppliers, third-party service providers and professional advisers, including the parties who have been contracted to provide us with administrative, financial, research, operations, IT and other services, in such areas as telecommunications, information technology, payroll, information processing, training, market research, storage and archival;
    third-party business partners who provide goods and services or sponsor contests or other promotional activities, whether or not in cooperation with us;
    insurance companies or insurance investigators and credit providers;
    credit bureaus, or any debt collection agencies or dispute resolution centers in the event of violation or dispute;
    business partners, investors, trustees or assignees (actual or expected) that promote business asset transactions (which can be broadened to include any merger, acquisition or asset sale) of Ecoin Operators;
    professional consultants such as auditors and lawyers;
    relevant government regulatory agencies or law enforcement agencies to comply with laws or regulations formulated by government authorities;
    assignees of our rights and obligations;
    banks, credit card companies and their respective service providers;
    persons with your consent as determined by you or the applicable contract.

III. Ecoin Services

Upon completion of the registration and identity verification for your Ecoin Account, you may use various Ecoin Services, including but not limited to, Crypto-to-crypto Trading, Fiat Trading, Ecoin Savings services, staking, Shopping mining, Social mining, research and other information released by Ecoin, participating in User activities held by Ecoin, etc., in accordance with the provisions of these Terms (including Ecoin Platform Rules and other individual agreements). Ecoin has the right to:
Provide, modify or terminate, in its discretion, any Ecoin Services based on its development plan; and
Allow or prohibit some Users’ use of any Ecoin Services in accordance with relevant Ecoin Platform Rules.

1. Service Usage Guidelines

  1. License
    Provided that you constantly comply with the express terms and conditions stated in these Terms, Ecoin grants you a revocable, limited, royalty-free, non-exclusive, non-transferable, and non-sublicensable license to access and use Ecoin Services through your computer or Internet compatible devices for your personal/internal purposes. You are prohibited to use Ecoin Services for resale or commercial purposes, including transactions on behalf of other persons or entities. All the above actions are expressly prohibited and constitute a material violation of these Terms. The content layout, format, function and access rights regarding Ecoin Services should be stipulated in the discretion of Ecoin. Ecoin reserves all rights not expressly granted in these Terms. Therefore, you are hereby prohibited from using Ecoin Services in any way not expressly authorized by these Terms.
    These Terms only grant a limited license to access and use Ecoin Services. Therefore, you hereby agree that when you use Ecoin Services, Ecoin does not transfer Ecoin Services or the ownership of intellectual property rights of any Ecoin intellectual property to you or anyone else. All the text, graphics, user interfaces, visual interface, photos, sounds, process flow diagrams, computer code (including html code), programs, software, products, information and documents, as well as the design, structure, selection, coordination, expression, look and feel, and layout of any content included in the services or provided through Ecoin Services, are exclusively owned, controlled and/or licensed by Ecoin Operators or its members, parent companies, licensors or affiliates.
    Ecoin owns any feedback, suggestions, ideas, or other information or materials (hereinafter collectively referred to as “Feedback”) about Ecoin or Ecoin Services that you provide through email, Ecoin Services, or other ways. You hereby transfer all rights, ownership and interests of the Feedback and all related intellectual property rights to Ecoin. You have no right and hereby waive any request for acknowledgment or compensation based on any Feedback, or any modifications based on any Feedback.
  2. Restrictions
    When you use Ecoin Services, you agree and undertake to comply with the following provisions: During the use of Ecoin Services, all activities you carry out should comply with the requirements of applicable laws and regulations, these Terms, and various guidelines of Ecoin;
    Your use of Ecoin Services should not violate public interests, public morals, or the legitimate interests of others, including any actions that would interfere with, disrupt, negatively affect, or prohibit other Users from using Ecoin Services;
    You agree not to use the services for market manipulation.

    Without written consent from Ecoin, the following commercial uses of Ecoin data are prohibited:
    1. Trading services that make use of Ecoin quotes or market bulletin board information.
    2. Data feeding or streaming services that make use of any market data of Ecoin.
    3. Any other websites/apps/services that charge for or otherwise profit from (including through advertising or referral fees) market data obtained from Ecoin.
    Without prior written consent from Ecoin, you may not modify, replicate, duplicate, copy, download, store, further transmit, disseminate, transfer, disassemble, broadcast, publish, remove or alter any copyright statement or label, or license, sub-license, sell, mirror, design, rent, lease, private label, grant security interests in the properties or any part of the properties, or create their derivative works or otherwise take advantage of any part of the properties. You may not (i) use any deep linking, web crawlers, bots, spiders or other automatic devices, programs, scripts, algorithms or methods, or any similar or equivalent manual processes to access, obtain, copy or monitor any part of the properties, or replicate or bypass the navigational structure or presentation of Ecoin Services in any way, in order to obtain or attempt to obtain any materials, documents or information in any manner not purposely provided through Ecoin Services; (ii) attempt to access any part or function of the properties without authorization, or connect to Ecoin Services or any Ecoin servers or any other systems or networks of any Ecoin Services provided through the services by hacking, password mining or any other unlawful or prohibited means; (iii) probe, scan or test the vulnerabilities of Ecoin Services or any network connected to the properties, or violate any security or authentication measures on Ecoin Services or any network connected to Ecoin Services; (iv) reverse look-up, track or seek to track any information of any other Users or visitors of Ecoin Services; (v) take any actions that imposes an unreasonable or disproportionately large load on the infrastructure of systems or networks of Ecoin Services or Ecoin, or the infrastructure of any systems or networks connected to Ecoin services; (vi) use any devices, software or routine programs to interfere with the normal operation of Ecoin Services or any transactions on Ecoin Services, or any other person’s use of Ecoin Services; (vii) forge headers, impersonate, or otherwise manipulate identification, to disguise your identity or the origin of any messages or transmissions you send to Ecoin, or (viii) use Ecoin Services in an illegal way.
    By accessing Ecoin Services, you agree that Ecoin has the right to investigate any violation of these Terms, unilaterally determine whether you have violated these Terms, and take actions under relevant regulations without your consent or prior notice. Examples of such actions include, but are not limited to:
    Blocking and closing order requests;
    Freezing your account;
    Reporting the incident to the authorities;
    Publishing the alleged violations and actions that have been taken;
    Deleting any information you published that are found to be violations.

IV. Indemnification

You agree to indemnify and hold harmless Ecoin Operators, their affiliates, contractors, licensors, and their respective directors, officers, employees and agents from and against any claims, actions, proceedings, investigations, demands, suits, costs, expenses and damages (including attorneys’ fees, fines or penalties imposed by any regulatory authority) arising out of or related to (i) your use of, or conduct in connection with, Ecoin Services, (ii) your breach or our enforcement of these Terms, or (iii) your violation of any applicable law, regulation, or rights of any third party during your use of Ecoin Services. If you are obligated to indemnify Ecoin Operators, their affiliates, contractors, licensors, and their respective directors, officers, employees or agents pursuant to these Terms, Ecoin will have the right, in its sole discretion, to control any action or proceeding and to determine whether Ecoin wishes to settle, and if so, on what terms.


V. Announcements

Please be aware that all official announcements, news, promotions, competitions and airdrops will be listed on /en/support/announcement .USERS UNDERTAKE TO REFER TO THESE MATERIALS REGULARLY AND PROMPTLY. Ecoin WILL NOT BE HELD LIABLE OR RESPONSIBLE IN ANY MANNER OF COMPENSATION SHOULD USERS INCUR PERSONAL LOSSES ARISING FROM IGNORANCE OR NEGLIGENCE OF THE ANNOUNCEMENTS.


VI. Termination of Agreement

  1. Suspension of Ecoin Accounts
    You agree that Ecoin shall have the right to immediately suspend your Ecoin Account (and any accounts beneficially owned by related entities or affiliates), freeze or lock the Digital Assets or funds in all such accounts, and suspend your access to Ecoin for any reason including if Ecoin suspects any such accounts to be in violation of these Terms, our Privacy Policy, or any applicable laws and regulations. You agree that Ecoin shall not be liable to you for any permanent or temporary modification of your Ecoin Account, or suspension or termination of your access to all or any portion of Ecoin Services. Ecoin shall reserve the right to keep and use the transaction data or other information related to such Ecoin Accounts. The above account controls may also be applied in the following cases:
    The Ecoin Account is subject to a governmental proceeding, criminal investigation or other pending litigation;
    We detect unusual activities in the Ecoin Account;
    We detect unauthorized access to the Ecoin Account;
    We are required to do so by a court order or command by a regulatory/government authority.
  2. Cancellation of Ecoin Accounts
    In case of any of the following events, Ecoin shall have the right to directly terminate these Terms by cancelling your Ecoin Account, and shall enjoy the right but not the obligation to permanently freeze (cancel) the authorizations of your Ecoin Account on Ecoin and withdraw the corresponding Ecoin Account thereof:
    after Ecoin terminates services to you;
    you allegedly register or register in any other person’s name as a Ecoin User again, directly or indirectly;
    the information that you have provided is untruthful, inaccurate, outdated or incomplete;
    when these Terms are amended, you state your unwillingness to accept the amended Terms by applying for cancellation of your Ecoin Account or by other means;
    you request that Ecoin Services be terminated; and any other circumstances where Ecoin deems it should terminate Ecoin Services. Should your Ecoin Account be terminated, the account and transactional information that meet data retention standards will be securely stored for 5 years. In addition, if a transaction is unfinished during the account termination process, Ecoin shall have the right to notify your counterparty of the situation at that time. You acknowledge that a user-initiated account exit (right to erasure under GDPR or other equivalent regulations) will also be subjected to the termination protocol stated above.
    If Ecoin is informed that any Digital Assets or funds held in your Ecoin Account are stolen or otherwise are not lawfully possessed by you, Ecoin may, but has no obligation to, place an administrative hold on the affected funds and your Ecoin Account. If Ecoin does lay down an administrative hold on some or all of your funds or Ecoin Account, Ecoin may continue such hold until such time as the dispute has been resolved and evidence of the resolution acceptable to Ecoin has been provided to Ecoin in a form acceptable to Ecoin. Ecoin will not involve itself in any such dispute or the resolution of the dispute. You agree that Ecoin will have no liability or responsibility for any such hold, or for your inability to withdraw Digital Assets or funds or execute trades during the period of any such hold.
  3. Ecoin maintains full custody of the Digital Assets, funds and User data/information which may be turned over to governmental authorities in the event of Ecoin Accounts’ suspension/closure arising from fraud investigations, investigations of violation of law or violation of these Terms.

VII. No Financial Advice

Ecoin is not your broker, intermediary, agent, or advisor and has no fiduciary relationship or obligation to you in connection with any trades or other decisions or activities affected by you using Ecoin Services. No communication or information provided to you by Ecoin is intended as, or shall be considered or construed as, investment advice, financial advice, trading advice, or any other sort of advice. Unless otherwise specified in these Terms, all trades are executed automatically, based on the parameters of your order instructions and in accordance with posted trade execution procedures, and you are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you according to your personal investment objectives, financial circumstances and risk tolerance, and you shall be solely responsible for any loss or liability therefrom. You should consult legal or tax professionals regarding your specific situation. Ecoin does not recommend that any Digital Asset should be bought, earned, sold, or held by you. Before making the decision to buy, sell or hold any Digital Asset, you should conduct your own due diligence and consult your financial advisors prior to making any investment decision. Ecoin will not be held responsible for the decisions you make to buy, sell, or hold Digital Asset based on the information provided by Ecoin.


IX. Compliance with Local Laws

It is Users’ responsibility to abide by local laws in relation to the legal usage of Ecoin Services in their local jurisdiction as well as other laws and regulations applicable to Users. Users must also factor, to the extent of their local laws all aspects of taxation, the withholding, collection, reporting and remittance to their appropriate tax authorities.ALL USERS OF Ecoin SERVICES ACKNOWLEDGE AND DECLARE THAT THEIR FUNDS COME FROM LEGITIMATE SOURCES AND DO NOT ORIGINATE FROM ILLEGAL ACTIVITIES; USERS AGREE THAT Ecoin WILL REQUIRE THEM TO PROVIDE OR OTHERWISE COLLECT THE NECESSARY INFORMATION AND MATERIALS AS PER RELEVANT LAWS OR GOVERNMENT ORDERS TO VERIFY THE LEGALITY OF THE SOURCES AND USE OF THEIR FUNDS.Ecoin maintains a stance of cooperation with law enforcement authorities globally and will not hesitate to seize, freeze, terminate Users’ accounts and funds which are flagged out or investigated by legal mandate.


X. Privacy Policy

Access to Ecoin Services will require the submission of certain personally identifiable information. Please review Ecoin’s Privacy Policy at https://www.ecoinofficial.org/en/privacy for a summary of Ecoin’s guidelines regarding the collection and use of personally identifiable information.


XI. Resolving Disputes: Forum, Arbitration, Class Action Waiver

PLEASE READ THIS SECTION CAREFULLY, AS IT INVOLVES A WAIVER OF CERTAIN RIGHTS TO BRING LEGAL PROCEEDINGS, INCLUDING AS A CLASS ACTION.

    Notice of Claim and Dispute Resolution Period. Please contact Ecoin first! Ecoin wants to address your concerns without resorting to formal legal proceedings, if possible. If you have a dispute with Ecoin, then you should contact Ecoin and a ticket number will be assigned. Ecoin will attempt to resolve your dispute internally as soon as possible. The parties agree to negotiate in good faith to resolve the dispute (which discussions shall remain confidential and be subject to applicable rules protecting settlement discussions from use as evidence in any legal proceeding).

    In the event the dispute cannot be resolved satisfactorily, and you wish to assert a legal claim against Ecoin, then you agree to set forth the basis of such claim in writing in a “Notice of Claim,” as a form of prior notice to Ecoin. The Notice of Claim must (1) describe the nature and basis of the claim or dispute, (2) set forth the specific relief sought, (3) provide the original ticket number, and (4) include your Ecoin account email. The Notice of Claim should be submitted to an email address or hyperlink provided in your correspondence with Ecoin. After you have provided the Notice of Claim to Ecoin, the dispute referenced in the Notice of Claim may be submitted by either Ecoin or you to arbitration in accordance with paragraph 2 of this Section, below. For the avoidance of doubt, the submission of a dispute to Ecoin for resolution internally and the delivery of a Notice of Claim to Ecoin are prerequisites to commencement of an arbitration proceeding (or any other legal proceeding). During the arbitration, the amount of any settlement offer made by you or Ecoin shall not be disclosed to the arbitrator.

XII. Miscellaneous

  1. Independent Parties.Ecoin is an independent contractor but not an agent of you in the performance of these Terms. These Terms shall not be interpreted as facts or evidence of an association, joint venture, partnership, or franchise between the parties.
  2. Entire Agreement. These Terms constitute the entire agreement between the parties regarding use of Ecoin Services and will supersede all prior written or oral agreements between the parties. No usage of trade or other regular practice or method of dealing between the parties will be used to modify, interpret, supplement, or alter the terms herein.
  3. Interpretation and Revision. Ecoin reserves the right to alter, revise, modify, and/or change these Terms at any time. All changes will take effect immediately upon being published on Ecoin websites. It is your responsibility to regularly check relevant pages on our websites/applications to confirm the latest version of these Terms. If you do not agree to any such modifications, your only remedy is to terminate your usage of Ecoin Services and cancel your account. You agree that, unless otherwise expressly provided in these Terms, Ecoin will not be responsible for any modification or termination of Ecoin Services by you or any third party, or suspension or termination of your access to Ecoin Services.
  4. Force Majeure. Ecoin will not be liable for any delay or failure to perform as required by these Terms because of any cause or condition beyond Ecoin’s reasonable control.
  5. Severability. If any portion of these Terms is held invalid or unenforceable, such invalidity or enforceability will not affect the other provisions of these Terms, which will remain in full force and effect, and the invalid or unenforceable portion will be given effect to the greatest extent possible.
  6. Assignment. You may not assign or transfer any right to use Ecoin Services or any of your rights or obligations under these Terms without prior written consent from Ecoin, including any right or obligation related to the enforcement of laws or the change of control. Ecoin may assign or transfer any or all of its rights or obligations under these Terms, in whole or in part, without notice or obtaining your consent or approval.
  7. Waiver. The failure of one party to require performance of any provision will not affect that party’s right to require performance at any time thereafter. At the same time, the waiver of one party to seek recovery for the other party’s violation of these Terms or any provision of applicable terms shall not constitute a waiver by that party of any subsequent breach or violation by the other party or of the provision itself.
  8. Third-Party Website Disclaimer. Any links to third-party websites from Ecoin Services does not imply endorsement by Ecoin of any product, service, information or disclaimer presented therein, nor does Ecoin guarantee the accuracy of the information contained on them. If you suffer loss from using such third-party products and services, Ecoin will not be liable for such loss. In addition, since Ecoin has no control over the terms of use or privacy policies of third-party websites, you should read and understand those policies carefully.
  9. Matters Related to Apple Inc. If you use any device manufactured by Apple Inc. to participate in any commercial activities or reward programs through Ecoin Services, such activities and programs are provided by Ecoin and are not associated with Apple Inc. in any manner.
  10. Contact Information. For more information on Ecoin, you may refer to the company and license information found on Ecoin websites. If you have questions regarding these Terms, please feel free to contact Ecoin for clarification via our Customer Support team.