The Service operated by Ibinex allows buyers ("Buyers") and sellers ("Sellers"), to buy and sell the Digital currency known as "Cryptocurrencies" or any other digital currency that Ibinex’s platform allows to trade through its platform. The Service operated by Ibinex also allows all registered users of the Service ("Users") to: Depending on Your country of residence, you may not be able to use all the functions of the Site.
By opening an account to use the Service ("Account"), you expressly represent and warrant:
1. You have accepted these Terms; and 2. You are at least 18 years of age and have the full capacity to accept these Terms and enter into a transaction involving Cryptocurrencies or any digital currency. Risks The trading of goods and products, real or virtual, as well as virtual currencies involves significant risk. Prices can and do fluctuate on any given day. Due to such price fluctuations, you may increase or lose value in your assets at any given moment. Any currency - virtual or not - may be 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 anything on through the trading platform.
We have partnered with Scandinavian Capital Markets to manage all of the KYC/AML and Fiat transactions on our behalf. Please refer to their site at SCMforex.com for more information on the services they provide. Limited Right of Use Maintaining Your Account This Site is for your personal or commercial use only. We are vigilant in maintaining the security of our Site and the Service. By registering with us, you agree to provide Ibinex with current, accurate, and complete information as needed to maintain your account and to keep such information updated. You further agree that you will not use any Account other than your own, or access the Account of any other User at any time, or assist others in obtaining unauthorized access. You are also responsible for maintaining the confidentiality of Your Account information, including your password, safeguarding your own Ibinex account, and for all activity including Transactions that are posted to Your Account.
If there is suspicious activity related to your Account please inform us right away so that we may, but are not obligated to take steps to secure your account. You are obligated to comply with these security requests, or accept termination of Your Account. You are required to notify Ibinex immediately of any unauthorized use of Your Account or password, or any other breach of security by email addressed to our compliance. Any User who violates these rules may be terminated, and thereafter held liable for losses incurred by Ibinex or any user of the Site. Finally, You agree that You will not use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, terrorist financing, or malicious hacking. Termination You may terminate this agreement with Ibinex, and close your Account at any time, following settlement of any pending transactions. You also agree that Ibinex may, by giving notice, in its sole discretion terminate Your access to the Site and to Your Account, including without limitation, our right to: limit, suspend or terminate the service and Users' Accounts, prohibit access to the Site and its content, services and tools, delay or remove hosted content, and take technical and legal steps to keep Users off the Site if we think that they are creating issues or a possible legal liabilities, infringing the intellectual property rights of third parties, or acting inconsistently with the letter of these Terms.
APIs and Widgets We may provide access to certain parties to access specific data and information through our API (Application Programming Interface) or through widgets. We also may provide widgets for Your use to put our data on your Site. You are free to use these. External Web Sites Ibinex makes no representations whatsoever about any other Site which you may access through this Site. The Site may provide links or other forms of reference to other websites ("External Web Sites") or Resources over which we do not have control ("External Web Sites"). In such case you acknowledge that Ibinex is providing these links or references to you only as a convenience. Ibinex is not responsible for the availability of, and content provided on, third party Sites. You are requested to review the policies posted by other Sites regarding privacy and other topics before use. Ibinex is not responsible for third party content accessible through the Site, including opinions, advice, statements, prices, activities and advertisements, and you shall bear all risks associated with the use of such content. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.