BUYUCOIN APP
India’s Favorite Exchange in your Phone
Trade anytime, anywhere with BuyUcoin Cryptocurrency Trading App.
Terms & Conditions (USER AGREEMENT)
Last Updated on: 30/08/2024
INTRODUCTION
This User Agreement (this “Agreement”) sets forth the legally
binding terms and conditions your access to and use of any websites, mobile
sites, mobile applications, desktop applications, products or services (the
“Services”) offered by I-Block Technologies Private limited (‘Company’),
incorporated under the laws of India and having its registered office at
Noida, India
its owners, directors, investors, employees or other related parties, which
owens and operate the BuyUcoin Platform.
Where the context so permits and “BuyUcoin (to the extent further described
below) (“BuyUcoin”, “us”, “our”, and “we”). The “User”, “you”, “your” shall
refer to any natural person or entity and its authorized users that
subscribes or uses the Services.
Certain features of the Site may be subject to additional guidelines, terms,
or rules, which will be posted on the Site in connection with such features.
All such additional terms, guidelines, and rules are incorporated by
reference into this Agreement.
By using any services made available through the BuyUcoin Platform or
otherwise through any mode, the User agrees that the User has read,
understood and accepted all the terms and conditions contained in this Terms
of Use agreement as well as our Privacy Policy.
As this is a legally binding contract, the User is cordially requested to
carefully read through this agreement and related notices before using any
of BuyUcoin’s Services.
By registering, accessing or using BuyUcoin Platform, the User agrees to the
terms and conditions set out in this Terms of Use, and our Privacy Policy.
If any User disagrees with these Terms of Use or our Privacy Policy, the
User shall not proceed to initiate account registration with BuyUcoin or
seek to acquire any of its services.
DEFINITIONS AND INTERPRETATION
In this agreement the following terms, unless the context otherwise indicates, will have the following meanings:
AML Regulations means India’s Prevention of Money Laundering Act,
2002 and the Rules framed thereunder.
AML Policy means the policies and programs maintained by BuyUcoin to
comply with the AML Regulations.
Business Day means a day that is not a Saturday, Sunday or Public
holiday in Noida, Uttar Pradesh, India
BuyUcoin Platform shall collectively mean and include BuyUcoin
Android App, BuyUcoin iOS App (collectively, “BuyUcoin App”) or BuyUcoin Web
app (“Web version”) and BuyUcoin website “www.BuyUcoin.com” (“BuyUcoin
Website”), BuyUcoin OTC Trading Platform (OTC desk ) and other web assets on
the BuyUcoin.com domain, together with the BuyUcoin Developer Portal, Public
APIs and secure authentication for Users.
BuyUcoin Services or Services means the services made
available from time to time on the BuyUcoin Platform.
BuyUcoin Wallet means an online address accessible through the Online
Platforms and operated by a User for storage of its Digital Assets;
Company means I-Block technologies private limited company
having its registered office at Noida, India.
Competent Authority means the relevant government authority in India,
as notified or may be notified, depending on the context.
Content means any information, text, graphics, or other materials
uploaded by the Company or the users, which appears on the Online Platforms
for other users to access.
Digital Assets refers to blockchain based Crypto Assets such as
Bitcoins, Litecoin, Ethereum, Ripple, etc., as well as proprietary coins and
tokens.
Fiat Wallet means an online address accessible through the Online
Platforms and operated by a User for the storage of the User’s fiat currency
holdings.
Funds refers to both Digital Assets and fiat currency, as the case
may be.
Force Majeure shall mean and include any cause arising from or
attributable to acts, or events, beyond the reasonable control of BuyUcoin ,
including natural calamity, strikes, terrorist action or threat, civil
commotion, riot, crowd disorder, invasion, war, threat of or preparation for
war, fire, explosion, storm, flood, earthquake, subsidence, structural
damage, epidemic or other natural disaster, calamity, attacks including
through computer viruses, hacking, denial of service attacks, ransomware or
other manmade disruptions or any law, order enactment, statutory direction,
legislation, regulation, rule or ruling of government or any court of law or
of a Government or regulatory authority.
KYC means Know Your Customer requirements as determined by BuyUcoin
or under the AML Regulations.
Linked Bank Account refers to any bank account owned and operated by
the User and held with a Scheduled Commercial Bank, whose details were
provided by the User during the activation process.
Privacy Policy means BuyUcoin’s privacy policy for Indian customers
Available at https://www.buyucoin.com/privacy-policy
User or Customer shall mean persons availing of the BuyUcoin
Services (as defined below), directly or indirectly, and are referred to
herein as “Users”.
TDS means an advance tax to establish a transaction trail, deducted
at the time of trade execution, and can be adjusted against your total tax
liability at the time of filing your annual income tax returns.
SERVICE
The Service operated by Company in the name of BuyUcoin allows buyers
(“Buyers”) and sellers (“Sellers”), to buy and sell digital assets (for more
information on digital assets, please refer to http://www.bitcoin.org).
The Service provided BuyUcoin also allows all registered users of the
Service (“Members”) to:
- transfer digital assets to other Members or other users of digital assets outside the Website,
- send and receive digital assets,
- buy and sell digital assets, and
- use digital assets for purchasing goods*
TAXES
The sale and/or transfer of virtual digital assets—VDA, or Crypto
will be subject to TDS, or tax deducted at source, at the rate of 1% or 5%
as per the newly inserted Section 206AB and 206CCA in the Income-tax
Act,1961 effective from 1st July 2022. BuyUcoin will deduct this amount and
remit it to the tax authorities on your behalf.
To ensure Transparency BuyUcoin will provide you with the following
documentation:
- Transaction note/Tax invoice with the breakup of TDS and fees ***
- Quarterly Form 16A certificate for better tax management
COMMISSION/FEE
- Creation of User Account at BuyUcoin Platform is Free
- Trading on the BuyUcoin Platform is subject to payment of a Fee/Commission on each transaction executed/facilitated through the BuyUcoin Platform.
Note:
- EZ Market : The total price communicated to the users on the Platform before confirming on the execution of a trade would be inclusive of the commission/fee charged by BuyUcoin, network and third party fees, if any, excluding applicable taxes.
- Spot Market : The total price communicated to the users on the Platform before confirming on the execution of a trade would be Exclusive of the commission/fee charged by BuyUcoin, network and third party fees, if any, and applicable taxes.
IDENTITY VERIFICATION
With registration of a user Digital Asset Account on BuyUcoin, the user
agrees to share personal information requested for the purposes of identity
verification and other purposes permitted by applicable laws. This
information is used specifically to identify the user and for the detection
of potential money laundering, terrorist financing, fraud and other
financial crimes on the BuyUcoin Platform and to ensure that the User and
his/her trades are fully compliant with the AML Regulations. BuyUcoin
endeavors to retain and obtain this personal information in accordance with
its Privacy Policy and applicable law.
In addition to providing this information, to facilitate compliance with
global industry and government standards for data retention, the user agrees
to permit BuyUcoin to keep a record of such information for the lifetime of
the User’s Digital Asset Account plus five (5) years after closing that
account or the minimum period required by applicable law (India), whichever
is later.
The user also authorizes BuyUcoin to make inquiries, either directly or
through third parties, that are deemed necessary to verify the user’s
identity or to protect the user and/or BuyUcoin against financial crimes
such as online fraud, etc.
All Users must register for a BuyUcoin user Asset Account before using the
BuyUcoin Platform via our standard application procedure. To register for an
account, the user must provide his or her real name, email address and such
other requested information including KYC documents with due diligence in
accordance with the AML regulations and FEMA guidelines (in case user is NRI
)
These documents shall be requested from time to time as per the guidelines
provided by the competent authorities
The identity verification information which may be requested can generally
include but not limited to:
- Full Name
- Email Address
- Nationality
- Telephone Number
- Government Issued ID/Passport
- Date of Birth
- Proof of address
- Bank account details
- Photographs and images
- Government Issued Tax Identification Number
In providing this required information, the user confirms that all such
information is accurate and authentic. Post-registration, the user
guarantees at all times that the information is truthful, complete and
updated in a timely manner with any changes. If there is any reasonable
doubt that any information provided by you is wrong, untruthful, outdated or
incomplete, BuyUcoin shall have the right to send you a notice to demand
corrections, remove relevant information directly, suspend or terminate all
or part of the BuyUcoin Services to the user.
The user may only start trading with BuyUcoin on the BuyUcoin Platform after
the initial transfer of funds is credited to the user's Asset Account and
such transfer has been cleared.
Depending on certain conditions and at its sole discretion, BuyUcoinmay
refuse to open an account for you for any reason whatsoever or without
assigning any reason to the User.
YOUR WALLET
Upon activation of your User Account, BuyUcoin will provide you with a Fiat
Wallet and a BuyUcoin Wallet. These Wallets enable you to Buy, sell, send,
receive or store Digital Assets supported by the Online Platforms. You are
required to maintain a minimum balance of Funds in your Wallets before you
initiate an order and/or transaction. BuyUcoin reserve the right to refuse
to execute any order and/or transaction initiated by you, if they are in
contravention to the AML Policy or to comply with directions of appropriate
enforcement authorities.
Values indicated in your BuyUcoin Wallet are indicative only. This may
fluctuate while placing a sell/buy order. Please Ensure Market Price before
placing an order. BuyUcoin will not be responsible for your trading losses.
RISKS
The use of the Website and the Service may entail multiple risks including but not limited to the following risks:
- Digital Asset transactions are technically irreversible once it hits the network. The digital Assets you buy will be sent to your BuyUcoin wallet or to your own digital Asset address provided. If you lose or delete your own digital Asset wallet, you will lose your digital Asset in it and the same cannot be restored. The digital asset wallet address provided to you by BuyUcoin is only a way for you to deposit or accept digital assets into your BuyUcoin wallet. The owner of these digital asset wallet addresses will be BuyUcoin and the outgoing transactions from these digital asset wallet addresses will not be related to you or to your BuyUcoin account. When you send out digital asset from BuyUcoin wallet to other digital asset address, the “From” address for such digital asset transaction will be a temporary address and it won’t be same as the digital asset wallet address provided to you. If there are any chances of reversals or pay-back for a digital asset transaction you initiated from BuyUcoin, it will be your responsibility to explicitly provide your digital asset address provided by BuyUcoin to receive such digital asset transaction payment. Any digital Asset that is not send to your BuyUcoin provided digital asset wallet address cannot be claimed to be from you. You also can neither request any reversals of such transactions nor request for the credit of those digital assets into the digital asset balance in your account at BuyUcoin.
- Digital asset value tends to fluctuate on a minute to minute basis, due to which there may be an increase or decrease in the value of the digital assets. Digital assets are subject to large swings in value and may even become worthless. There is an inherent risk that losses will occur as a result of buying, selling or trading in digital assets.
- Digital asset is an as-yet autonomous and largely unregulated worldwide system of value transfer between individuals. It is not backed by any government or commodities and hence may be susceptible to risks not generally associated with government or central bank backed currencies.
- There is also the risk of loss of confidence in digital asset trading, which could collapse demand relative to supply. For example, confidence might collapse in digital assets because of unexpected changes imposed by the software developers, the creation of superior competing alternatives, a deflationary or inflationary spiral, or due to governmental actions. Confidence might also collapse because of technical problems, for instance, if the anonymity of the system is compromised, or if any entity is able to prevent any transactions from settling.
- BuyUcoin reserves the right to delist any coin or token. Our team of researchers periodically review each digital asset we list to ensure that it continues to meet the high level of standard we expect. When a coin or token no longer meets this standard or the industry changes. Delisting of coins or currency pairs can be voluntary delisting, if the coin issuer decides on its own to delist the Coin and applies to BuyUcoin for delisting of its coin. It can be compulsory if BuyUcoin does Suo-motu as a penal measure in the interest of investors. For more info read the listing/delisting policy available at BuyUcoin website.
- There may be additional risks that BuyUcoin have not foreseen or identified in these Terms of Use.
You should carefully assess whether your financial situation and tolerance
for risk is suitable for buying, selling or trading digital Assets.
BuyUcoin uses its banking service providers only for the receipt of user
money and making payments. Our banking service providers do not transfer
digital assets, exchange digital assets, or provide any services in
connection with digital assets.
LIMITED RIGHT TO USE
Unless otherwise specified, all Materials on this Website are the property
of the Company and are protected by copyright, trademark, and other
applicable laws. You may view, print, and/or download a copy of such
Materials on any single computer solely for your personal, informational,
non-commercial use, provided you keep intact all copyright and other
proprietary notices.
The trademarks, service marks, and logos of BuyUcoin and others used in this
Website (“Trademarks”) are the property of the Company and their respective
owners. The software, text, images, graphics, data, prices, trades, charts,
graphs, video, and audio used on this Website belong to the Company. The
Trademarks and Materials should not be copied, reproduced, modified,
republished, uploaded, posted, transmitted, scraped, collected or
distributed in any form or by any means, whether manual or automated. The
use of any such Materials on any other website or networked computer
environment for any other purpose is strictly prohibited; any such
unauthorized use may violate copyright, trademark, and other applicable laws
and could result in criminal or civil legal actions and penalties.
MAINTAINING YOUR USER ACCOUNT
BuyUcoin platform is for your personal and non commercial use only, for
using BuyUcoin platform a user should be competent to contract under the
Indian Contract Act (1872) and his/her conduct will not be in violation of
the law, public interests, public ethics or other’s legitimate interests.
If the user is an individual he/she should be at least 18 years old and if
the user is a body corporate, unincorporated association, trust or other
legal structure, the user is validly existing in accordance with applicable
law and regulations. The user should have obtained all necessary consents,
licenses and authorisations and has full power and authority (in accordance
with its constitutional and organisational documents, where relevant) to
enter into this agreement and all transactions at BuyUcoin platform.
Each user shall have one user asset account only. Multiple accounts for the
same user shall not be allowed.
Withdrawal of High value transactions of amounts greater than INR 1,00,000/-
( One lakh Indian Rupee) or its equivalent in any other Crypto/Digital Asset
are Manually verified. So, users are requested to initiate such transactions
i.e, value greater than or approx 1,00,000/- one lakh INR during Working
hours 10:30 AM to 7:00 PM IST. Buyucoin shall not be liable in the case the
value of your token increases or decreases during non working hours.
Crypto/Digital Assets worth less than 1,00,000 INR are Automatically
Processed.
TERMINATION AND SUSPENSION
You may terminate this agreement with the Company, and close your User
Account at any time, following settlement of any pending transactions.
You agree that Company may, by giving notice, in its sole discretion,
terminate your access to the Website and to your Account; including without
limitation, suspending or terminating the Service and Members’ Accounts,
prohibiting access to the Website and its content, services and tools,
delaying or removing hosted content, and taking technical and legal actions
to keep Members off the BuyUcoin Website if it is reasonably perceive that
such Members are creating any problems, including without limitation,
possible legal liabilities, infringement of the intellectual property
rights, or acting inconsistently with the letter or spirit of these Terms of
Use.
BuyUcoin reserves the right to suspend, block, cancel or reverse a
transaction and/or refuse to continue providing you with access to the
Online Platforms are (even if even after funds have been debited from your
User Account) if BuyUcoin discovers that you are: (a)incompetent to contract
by virtue of your age or otherwise under these Terms or the applicable law
and/or (b) in breach of the Terms and applicable law.
Notwithstanding the above, BuyUcoin may, in appropriate circumstances and at
our sole discretion, suspend or terminate Accounts of Members for any
reason, including without limitation (1) attempts to gain unauthorized
access to the Website or another Member’s account or providing assistance to
others’ attempting to do so, (2) overcoming software security features
limiting use of or protecting any content, (3) usage of the Service to
perform illegal activities such as money laundering, illegal gambling
operations, financing terrorism, or other criminal activities, (4)
violations of these Terms of Use, (5) failure to pay or fraudulent payment
for Transactions, (6) unexpected operational difficulties, or (7) upon the
request of law enforcement or other government agencies, if deemed to be
legitimate and compelling by BuyUcoin, acting in its sole discretion.
BuyUcoin also reserves the right to cancel unverified Accounts or Accounts
that have been inactive for a period of 6 months or more, and/or to modify
or discontinue our Website or Service. Members agree that BuyUcoin will not
be liable to them or to any third party for termination of their Account or
access to the Website.
You hereby agree that the suspension of an Account shall not affect the
payment of the commissions due for past Transactions. Upon termination,
Members will receive any monies owed to them via their registered bank
account with BuyUcoin.
ASSIGNMENT OF RIGHTS
You acknowledge and agree that the Company can freely assign these Terms of Use or any of its rights under these Terms of Use to any person without your consent .You shall not assign or transfer any right or obligation that has accrued to you under these Terms, and any attempt by you to assign or transfer such rights and obligations, shall be null and void.
AVAILABILITY OF SERVICES
BuyUcoin make no warranty that the Services or the Online Platforms will
meet your requirements or that the Services or your access to the Online
Platforms will be uninterrupted, timely, accurate or reliable; nor does
BuyUcoin make any warranty as to the permanent availability of any
information and/or that may be stored or transferred through the Services or
the Online Platforms. In case there is any defect in any software being used
for the provision of the Services, BuyUcoin does not make any warranty that
defects in such software will be corrected. BuyUcoin shall use reasonable
endeavor to ensure that the Website can normally be accessed by you in
accordance with these Terms of Use. BuyUcoin may suspend use of the Website
for maintenance and will make every effort to give you reasonable notice.
You acknowledge that such notice, however, may not be possible in case of an
emergency
You understand and agree that any material and/or data downloaded or
otherwise obtained through use of the Services or Online Platforms is done
at your own discretion and risk and you will be solely responsible for any
damage to your computer system or loss of data that results from the
download of such material or data. In case you store or transfer any
information and/or data through the Services or the Online Platforms, you
are strongly advised to make back-up duplicate copies and are solely
responsible for any loss.
EXTERNAL WEBSITES
The Website may provide links or other forms of reference to other websites (“External Websites”) or resources over which we may not have control. You acknowledge that BuyUcoin is providing any such links or references of External Websites or resources to you only as a convenience and that BuyUcoin makes no representations whatsoever about any External Websites which you may access through this Website, including such External Websites being free of such items as viruses, worms, Trojan horses, and other items of a destructive nature. BuyUcoin is not responsible for the availability of, and content provided on any External Websites. You are requested to review the policies posted by such External Websites regarding privacy and other topics before use. BuyUcoin is not responsible for third party content accessible through the Website, including opinions, advice, statements, prices, activities, and advertisements, and you shall bear all risks associated with the use of such content.
FINANCIAL ADVICE
The Content on the Online Platforms is provided for general information only. It is not intended to amount to investment advice on which you should rely. You must obtain specialist advice before taking, or refraining from, any action on the basis of the content provided on the Online Platforms. Platforms are executed automatically, based on the parameters of your order instructions and in accordance with our trade execution procedures, and you are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. BuyUcoin will not be liable for any loss suffered by you in connection with any transaction involving digital assets.
FINANCIAL REGULATION
Our business model, and our Service, consists of facilitating the buying, selling, sending and receiving of digital assets which is an unregulated yet responsible, international open payment system. The Service provided is currently unregulated within India.
Email messages sent over the Internet are not always secure and BuyUcoin is not responsible for any damages incurred by the result of sending email messages over the Internet. It is recommended to submit sensitive information by using the form provided in the URL https://www.buyucoin.com/contact where the information passes under the security layer and is encrypted.
COMPLIANCE
You are solely responsible for ensuring that your use of the Services is in
compliance with all laws, rules and regulations applicable to you and the
right to access the Services is automatically revoked where use of the
Services is prohibited or to the extent that the offering, sale or provision
of the Services conflicts with any law, rule or regulation applicable to
you.
All users of the BuyUcoin Platform and any of its services acknowledge and
declare that the source of their funds come from a legitimate manner and are
not derived from illegal activities. BuyUcoin maintains a stance of
cooperation with law enforcement authorities globally and will not hesitate
to seize, freeze, terminate the user account and user fiat which are flagged
or investigated by legal mandate.
COMPLAINTS
If the user has any complaints, feedback or questions, the user shall contact us by using the form provided in the URL https://www.buyucoin.com/contact and BuyUcoin shall make our best efforts to resolve the issue with expediency. BuyUcoin shall not provide any support services to walk-in users.
DISPUTE, GOVERNING LAW AND JURISDICTION
This Agreement and the rights and obligations thereunder and the relations of the parties and all matters arising under or in connection with this Terms of Use, including the construction, validity, performance or termination thereunder shall be governed and construed in accordance with Indian laws. The parties agree to irrevocably submit to the exclusive jurisdiction of the Courts in Noida(Uttar Pradesh) for the resolution of any disputes arising from these Terms of Use. BuyUcoin may also consider Arbitration as the appropriate mechanism for dispute resolution and arbitration proceedings shall be governed by Arbitration and Conciliation Act 1996 and rules framed there under and any amendment, modification, statutory enactment thereto from time to time. All proceedings shall be conducted in english language and any award or awards shall be rendered in english. The seat and venue of such arbitration shall be Nodia (Uttar Pradesh) and no objection shall be entertained from any parties in this regard.
LIMITATION OF LIABILITY
Users of this website are responsible for their actions in connection with
the use of the Website, Service, and their Accounts. Users are also
responsible for protecting access information to the Website including, but
not limited to, user names, passwords, and bank account details. BuyUcoin is
not responsible for the outcome, whether positive or negative, of any action
performed by any of its users within or related to the Website. Some
deposits and withdrawal methods require BuyUcoin to use personal details of
the user including, but not limited to, name, address, email, phone number,
and bank account number, IFSC code, etc. and you agree that BuyUcoin can use
these information to facilitate deposits and withdrawals.
The parties agree that in no event shall BuyUcoin or its affiliates,
officers, directors, agents, employees, and suppliers be liable for lost
profits or any special, incidental or consequential damages arising out of
or in connection with the use of our Website, Service, or these Terms of
Use. In case the applicable laws do not permit the limitation or exclusion
of damages as described above, our aggregate liability (including the
liability of our affiliates, officers, directors, agents, employees, and
suppliers)in respect of claims based on events arising out of or in
connection with any single member’s use of the Website, whether in contract
or tort or otherwise, shall in no circumstances exceed the amount of the
transaction(s) that are the subject of the claim less any amount of
commission that may be due and payable in respect of such transaction(s).
Please note that all Services provided through the BuyUcoin Platforms are
only for domestic and private use. You agree not to use the Buyucoin
Platforms for any commercial or business purposes without obtaining a
legally valid license to do so in accordance with these Terms.
Notwithstanding anything to the contrary, BuyUcoin shall not be obligated to
make any payment or take any other action under these Terms if it is
believed to be in good faith that such action may constitute a violation, or
contribute to any violation, of any applicable law and BuyUcoin shall not be
liable to you for any claims, losses, or damages arising from our exercise
of its right provided herein.
BuyUcoin will neither be liable for any loss caused to the User due to
discontinuation of any crypto/digital asset that is being offered through
the BuyUcoin platform nor for any discontinuation, alteration, suspension or
termination of any part of the services offered at BuyUcoin Platform caused
or occasioned by any Force Majeure event or any change in applicable law
with respect to crypto/digital assets.
BuyUcoin will not be liable for any breach of these Terms of Use, where the
breach is due to abnormal and unforeseeable circumstances beyond BuyUcoin’s
control, the consequences of which would have been unavoidable despite all
effects to the contrary, nor is BuyUcoin liable where the breach is due to
the application of mandatory legal requirements.
INDEMNITY
To the full extent permitted by applicable law, you hereby agree to indemnify and hold harmless BuyUcoin, and its affiliates, officers, directors, agents, employees, and suppliers against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred direct or indirectly arising out of or resulting from your use of the BuyUcoin platform or services offered by BuyUcoin platform, or from your violation of these Terms of Use.
FORCE MAJEURE
BuyUcoin Services are offered only on the digital domain, which is subject
to risks including offensive attacks. BuyUcoin shall not be liable for any
loss caused to the User’s account or the user fiat or crypto/digital asset
accrued therein if the same arises due to any Force Majeure event, including
commissions or omissions by third parties, forces of nature, offensive
attacks on BuyUcoin servers or on the personal devices of the Users, changes
in applicable law, or any loss caused by conditions or events beyond the
reasonable control of BuyUcoin.
The above limitation on liability includes any Force Majeure event set out
hereunder including acts of god; fire, act of terrorists, act of civil or
military authorities, civil disturbance, war, strike or other labour
dispute, interruption in telecommunications or Internet services or network
provider services, failure of equipment and/or software, other catastrophe
or any other occurrence which is beyond reasonable control of BuyUcoin;
offensive attacks including virus attack (You should use your own virus
protection software), hacking, denial of service attack or theft of the
personal devices of the User resulting in loss to the account.
To the maximum extent permitted by law BuyUcoin shall not be liable for any
loss caused to User due to a data breach of confidential information of the
User, including of the User account details or User password, including when
such breach has occurred due to the User sharing such details with third
parties or due to the User’s failure to follow reasonable due diligence.
BuyUcoin shall also not be liable or responsible for losses caused due to
any disclosure by User of any User account details, including on account of
a phishing attack or other third-party disruption.
MODIFICATION TO THESE TERMS AND SERVICES
The Terms may be amended at any time by amending this page. Please check
this page from time to time to take notice of any changes made, as they are
binding on you. Although you will be notified of any changes in advance
through your Account inbox. If you do not agree with any part of these Terms
or any amendments made to these Terms from time to time, please stop using
the Online Platform and the Servicers with immediate effect. It has been
further bring to the kind notice that further continuation usage of the
Website and Service following the posting of a notice of changes to the
Terms implified and deemed that you have accepted and agreed to such
changes, and that all subsequent transactions by you will be subject to the
amended Terms of Use.
It may be done individually or generally without prior notice that the
services shall be changed, modified, limited, stopped or truncated;
functionalities and features may be added or removed.
NOTICES
Unless these Terms of Use expressly state otherwise, a notice, consent,
approval, waiver or other communication (notice) in connection with this
agreement must be in writing. A notice may be given by hand delivery,
prepaid post, or by electronic message to the recipient’s physical address
or email address as advised from time to time.
A notice given under this clause will be deemed to be received:
- if hand delivered, at the time of delivery;
- if sent by prepaid post, three Business Days after the date of posting;
- if sent by electronic message to [email protected], when the sender receives an automated message confirming delivery or eight business hours after the message has been sent (as recorded on the device from which the sender sent the message) unless the sender receives an automated message that the electronic message was not delivered or the sender knows or reasonably should know that there is a network failure and accordingly knows or suspects that the electronic message was not delivered, unless a notice is received after 5.00 PM on a Business Day in the place of receipt or at any time on a non Business Day, in which case, that notice is deemed to have been received at 10:30 AM on the next Business Day.
CONTACT US
If you have any questions relating to these Terms of Use, your rights and obligations arising from these Terms of Use and/or your use of the Website and the Service, your Account, or any other matter please contact us at https://www.buyucoin.com/contact