CGCX Limited (CGCX) operates https://www.cgcx.io and is incorporated under the Labuan Companies Act 1990. It is registered with Labuan Financial Services Authority under registration number LL15388..

CGCX reserves the right to change or modify the terms and conditions contained in these Terms,  including but not limited to any policy or guideline of the Site, at any time and at its sole discretion. We will provide notice of these changes by posting the revised Terms to the Site and changing  the “Last updated” date at the top of the Terms, or by emailing users at their provided email addresses, or by any other means as determined by CGCX at its sole discretion. Any changes or  modifications will be effective immediately upon posting the revisions to the Site or at the instant  that CGCX transmits the information. These changes will apply at that instant to all then current  and subsequent uses of the Site. You waive any right you may have to receive specific notice of  such changes or modifications. Your continued use of this Site acts as acceptance of such  changes or modifications. If you do not agree to the Terms in effect when you access or use the  Site, you must stop using the Site. We encourage you to frequently review the Terms to ensure you  understand the terms and conditions that apply to your access to, and use of, the Services. If you  have any question regarding the use of the Site, please contact [email protected]  

These Terms and any terms expressly incorporated herein apply to your access to, and use of, any  products and services provided by CGCX  Limited (“CGCX,” “we,” “us” or “our”), and, including but not limited to our websites located at https://www.cgcx.io (the “Site”) and mobile applications and the exchange services provided by us as described in these Terms (collectively, the  “Services”). These Terms do not alter in any way the terms or conditions of any other agreement  you may have with CGCX for products, services or otherwise. If you are using the Services on behalf of any entity, you represent and warrant that (a) such legal entity is duly organized and validly  existing under the applicable laws of the jurisdiction of its organization and (b) you are authorized  to accept these Terms on such entity’s behalf and that such entity agrees to be responsible to us if  you violate these Terms.  

I. ELIGIBILITY AND PROHIBITION OF USING OUR SERVICES

The Services are intended solely for users who are 18 or older. By accessing or using our Services, you represent and warrant that you are at least 18 years old and have not previously been suspended or removed from the Site or Services. You also represent and understood that you are not eligible to use our services if:

1. you are located in the People’s Republic of China or if you are a citizen or resident (tax or otherwise) of, or domiciled in, the People’s Republic of China;
2. you are located in the United States of America or if you are a citizen, resident (tax or otherwise) or green card holder of, or domiciled in, the United States of America;
3. you are located in Canada or if you are a citizen or resident (tax or otherwise) of, or domiciled in, Canada;
4. you are located in Malaysia (excluding Labuan) or if you are a citizen or resident (tax or otherwise) of, or domiciled in, Malaysia (excluding Labuan)
5. you or (and in the case where you are accepting these Terms on behalf of a corporation) any of your related corporations (if any), any of your directors or officers or any of your employees, agents or any other person acting on behalf of you or any of your related corporations is an individual or entity that is, or is owned or controlled by an individual or entity that:

Also, CGCX may not make all of the Services available in all markets and jurisdictions, and may restrict or prohibit use of all or a portion of the Services from such Restricted locations as deemed fit from time to time. The content of this Agreement shall not be excluded from the laws of the country or region under which the user belongs. As a result, if you do not meet these eligibility requirements, do not use our Services.

II. DESCRIPTION OF OUR SERVICES 

We provide an online digital asset trading platform to trade spot and other derivatives of digital assets (or also known as cryptographic tokens or digital tokens or cryptographic currency). Traders conduct trading on our platform with each other; CGCX as the platform provider is not a buyer or seller in these trades. Traders must open an account and upload digital assets or available Fiat Currency prior to commencement of trading. Traders may request the withdrawal of their digital asset and Fiat Currency, subject to the limitations as stated in the Terms.  

While CGCX has made every effort to ensure the accuracy of the information on our website, the information and content on the website is subject to change without notice and is provided for the sole purpose of assisting users to make independent decisions. 

CGCX has taken reasonable measures to ensure the accuracy of the information on the website; however, we do not guarantee the accuracy, suitability, reliability, completeness, performance and/or fitness for purpose of the content of any Services or products available through the website, and will not accept liability for any loss or damage that may arise directly or indirectly from the content or your inability to access the Web site, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through our platform. CGCX will not have any liability for the use or interpretation of such information.  

Users shall prepare devices and bear costs as follows: 1) internet-connected device, including but not limited to computer or other internet-connected terminals; 2) internet-accessing costs, including but not limited to internet fees, rental charges for internet-connected equipments, cellular data fees, etc.  

While using the Services, you accept the information services provided by CGCX. You hereby authorise CGCX to send commercial information to you via email, SMS, mailing address. You can opt out such services by changing relevant settings on the website.  

You acknowledge and consent that the Services are provided by CGCX according to its current technological capacity and other conditions. While CGCX has made every effort to ensure continuity and security of the Services, we are unable to completely foresee and hedge legal, technological and other risks including but not limited to force majeure, virus, hacker attack, system instability, flaw in third-party services, act of government, etc. that may result in service interruption, data loss and other losses and risks.  

When the system platform is unable to operate properly because of the following circumstances and the user is unable to use the services or place order, CGCX assumes no liability for damages, including but not limited to: 

• System downtime during maintenance as announced by CGCX platform;  
• Telecom equipment is out of order and cannot transmit data;   
• Due to typhoon, earthquake, tsunami, flood, power failure, war, terrorist attacks and other force majeure factors, CGCX platform system has obstacle so unable to carry out business;  
• Due to hacker attacks, computer virus intrusion or attack, the telecommunications sector technology adjustment or technical failure, website upgrade, the banks issue, a temporary close due to government regulation, which cause the network and the services interruption or delay; 
• Losses due to technical problems that cannot be predicted or solved by the existing technical forces of the industry;  
• Damages to users or other third parties caused by third party’s fault or delay. 

For abnormal transactions, market interruption and other abnormal conditions caused by system failure, network failure, DDoS and other hacker attacks and other unexpected factors, CGCX has the right to cancel the abnormal transaction results, and rollback all the transactions of a certain period of time.

Fees may be incurred for part of the Services provided by CGCX to its users. You shall abide by relevant agreements while using such services. CGCX may change the fee models and structures of such services as the case may be. CGCX may also start charging fees on free services. We shall release an announcement or put up a notice on the respective page before the above mentioned changes, modifications are made and starting to charge. You shall stop using the service if you disagree on the above mentioned changes, modifications or paid content.

CGCX shall not ask for any password from its users, nor shall we ask users to transmit any funds, digital tokens to bank accounts, digital token addresses that are not listed on the trading platform. Please do not trust any discount or promotion related information published elsewhere than our Site. CGCX shall not be responsible for any losses caused by transmitting funds, digital tokens to bank accounts, digital token addresses that are not listed on the trading platform.

Transaction abnormality handling: While using the Services, you agree and acknowledge the possibility of discontinuity and disruption of the Services due to connectivity problems of the digital asset networks or other force majeure. Users shall make sure to provide only correct information. CGCX does not assume any responsibility for any losses caused by the above mentioned situations due to users providing incorrect information that result in the inability for CGCX to reach out to its users and explain the handling procedures.

You agree, in accordance with operational and security needs, CGCX may suspend or restrict part of the Services, or start providing additional services. By continuing using the Services, after any changes, additions and deductions of the Services, you continue to agree to the Terms and any other Terms added subsequently.

CGCX has the right to know the real transaction background and purpose of the users who use the product or service of CGCX, users should provide the real, comprehensive, accurate information required by CGCX; if CGCX has reasonable grounds to suspect that the user has provided false trading information, CGCX is entitled to restrict the user from the use of CGCX’s some or all products and services functions temporarily or permanently.

III. RISKS OF TRADING DIGITAL ASSETS

Trading of digital assets involves significant risk. The risk of loss in trading or holding digital assets can be substantial. You should therefore carefully consider whether trading in digital assets or any levered or derivative digital assets is suitable for you in light of your financial condition.

There is no assurance that the CGCX trading market for digital assets will be orderly and stable. You should exercise prudence in trading in digital assets (as well as any other assets). Prices can and do fluctuate on any given moment. Due to such price fluctuations, you may increase or lose value in your assets at any given moment. Any digital asset or trading position may be subject to large swings in value and may even become worthless.

The user of the service shall bear any losses resulting from the user or users transaction instruction errors (including but not limited to price, quantity and other factors). The user shall bear any loss resulting in his/her own fault or error, including but not limited to: not in accordance with the transaction prompts operation, not timely trading operations, forgetting or leakage of passwords, passwords are cracked, and/or the user’s computer is invaded by others.

In the event of a potential loophole in the trading rules that unjustly enriches the user; we will contact the user to recover the gains. The user must effectively cooperate, otherwise, we will take actions, including, but not limited to restrictions on account transactions, freezing account funds, prosecution of the user in a court with right of jurisdiction and other recourse measures. In the event the user does not cooperate, the user will also bear recourse costs.

IV. CREATING AN ACCOUNT  

In order to use any of the Services, you must first register by providing your name, email and password, along with affirming these Terms of Service. You agree to not enable anyone to use or direct your account, and to update CGCX of any information change or if your account has been compromised. You are responsible for keeping, protecting and safeguarding any keys, certificates, passwords, access codes, user IDs or other credentials and login information (collectively “Passwords”) that have been provided to you or that are generated in connection with your use of the Services.  

If you lose your Passwords, you may not be able to access your account. You agree to notify CGCX immediately about any unauthorised use of your Passwords. CGCX will not be responsible for any liabilities, losses, or damages arising out of the unauthorised use of your Passwords.  

Due to CGCX’s nature of being an online trading platform, and to avoid potential security risks, the login password, administration password and any other passwords shall not be set as the same. Relevant responsibilities shall be borne by the users.  

The user has the right to choose whether to become the CGCX networks users. If users choose to become CGCX registered users, they can create, modify their nicknames. Usernames and nicknames shall abide by relevant laws and regulations and also in accordance with the network morality. Usernames and nicknames cannot contain any words which are related to insults, threats, obscene abuse and other violations of the legitimate rights and interests of others.  

Once the user is registered, and become the user of CGCX network, he or she will is responsible  for all activities and events with this username and password after entering the system, and bear all the legal liability directly or indirectly caused by the language and behaviours of the use of this username.  

Users who lost their passwords can reset it after being verified through their registered email addresses or phone numbers. You shall immediately report to CGCX if any unauthorised operations or security breaches are found.  

V. USERS’ RIGHT AND LIMITATIONS TO USE  

We grant you a limited, nonexclusive, subject to these Terms, to access and use the CGCX website and Services, solely for approved purposes as permitted by CGCX. You agree you will not copy, transmit, distribute, sell, license, reverse engineer, modify, publish, or participate in the transfer or sale of, create derivative works from, or in any other way exploit any of the CGCX’s agree that:  

1. All right, title and interest in the Services and associated software, website and technology, including all intellectual property rights therein, are and shall remain with CGCX; 
2. No right or interest in the Services is conveyed other than the limited licenses granted herein;
3. The Services are protected by the copyright and other intellectual property laws. All rights not expressly granted in these Terms are reserved.  
4. This website has the right to inquire, freeze or deduct the items and accounts of the user according to the requirements of any applicable judicial organisations, administrative organisations and military organisations, including but not limited to public security organisations, procuratorial organisations, courts, customs, tax authorities and so on.  
5. Users have the right, in according to the relevant provisions of the site, after the release of information and other contributions, to obtain CGCX’s reward;  
6. The user has the right to modify the individual account and the information, choose their own nickname and enter the introductory text, to decide whether to provide non-essential items of content;  
7. Users have the right to participate in CGCX’s online and offline activities; 
8. Users have the right to enjoy CGCX’s other types of services according to CGCX website requirements.  
9. If you disagree or are unsatisfied on the changes of the Services, you shall exercise the rights below: 

VI. USER OBLIGATIONS

1. Users shall not use CGCX to endanger national security or disclose state secrets. User shall not violate the national community and the legitimate rights and interests of citizens, and shall not use this site to produce, copy and disseminate the following information: Incitement to resist, undermine the implementation of constitution, laws and administrative regulations; Inciting subversion of state power and overthrowing the socialist system; Incitement to split the country and undermine national unity; Incite national hatred, ethnic discrimination, destruction of national unity; Fabricating or distorting facts, spreading rumours and disturbing social order; To promote feudal superstition, obscenity, pornography, gambling, violence, murder, terror, abetting the crime; Blatantly insulting others or fabricating facts to slander others, or carry out other malicious attacks; Damage the credibility of state organisations; Other violation of constitutional and legal administrative regulations; To conduct commercial advertising behaviour.
2. The user shall not by any means maliciously register CGCX website account, including but not limited to profit-making, speculation, cash out, winning .and so on for the purpose of multiple account registration. Users may not use other user’s accounts.
3. Prohibit users in any form to utilise CGCX network as the place, platform or media to engage in a variety of illegal activities. Without the authorisation or permission of the CGCX Network, the User shall not use any of the commercial activities in the name of this site or in any form of the CGCX network as a place, platform or medium for engaging in commercial activities.
4. All the information released in all forms by the user in CGCX network should comply with national laws and regulations and other relevant provisions of the relevant provisions of the site, in line with social order and vulgar, does not infringe the legitimate rights and interests of any third party, or the user shall bear the responsibility of all the legal consequences by themselves, and if CGCX therefore suffered losses, CGCX has the right to recover from the user.

If the user violates the above requirements, the CGCX network has the right to take all necessary measures directly, including but not limited to deleting the content posted by the user, canceling the customers star rating, honour and virtual wealth, pausing or seizing the users account, Illegal gains, and even through the form of action to prosecute the user legal responsibility.

VII. SERVICE FEES

1. The company has the right to set user service charges according to the appropriate rules. CGCX also has the right to formulate and adjust the service fee, and set specific service charges to the user to use CGCX services. 
2. Unless otherwise stated or agreed, the user agrees that the CGCX network has the right to deduct the above-mentioned services directly from the assets of the user account. The user shall not by any means maliciously register CGCX website account, including but not limited to profit-making, speculation, cash out, winning .and so on for the purpose of multiple account registration. Users may not use other user’s accounts.

VIII. CHANGE OF SERVICE, INTERRUPTION, TERMINATION, RESTRICTION, FREEZING

1. CGCX may change the service content and/or may also interrupt, suspend or terminate the service.
2. At the time of transfer, CGCX may transfer the relevant assets under this service to a third party; CGCX may also transfer part or all of the services under this agreement to a third party to operate or fulfil after our unilateral notice. The specific transferee is subjected to CGCX’s notice.
3. In any of the following circumstances, CGCX reserves the right to discontinue or terminate the services provided to you without notice, including in the following cases: If the personal information you have provided is not true, or inconsistent with the information at the time of registration and failed to provide reasonable proof (please remember, according to the laws or regulations you should submit the true information); If you violate the relevant laws and regulations or this agreement; If required by any provisions of the laws and regulations, as well as the requirements of the competent government authorities; If for security reasons or other necessary circumstances.
4. CGCX has the right to charge any fees or outstanding due in accordance with this agreement. If you do not pay in full and on time, CGCX reserves the right to interrupt, suspend or terminate the service.
5. You may close your account at any time. You will still be obligated to fulfil your responsibilities on any pending transactions. In addition, you are responsible to CGCX for any fees incurred before the closure. CGCX may also terminate your account at any time and at our sole discretion, upon notice to you by email or other communication. CGCX may also suspend your access to the Services if it suspects that you have failed to comply with these Terms, pose an unacceptable fraud or regulatory risk to CGCX, or if you provide any false, incomplete, inaccurate or misleading information. CGCX will not be liable to you for any losses incurred in connection with CGCX’s closure or suspension of your account.
6. You agree, to safeguard the security of your account and the digital assets within, CGCX reserves the rights to freeze part or all of your assets (or in other words, to restrict you from accessing part or all of the Services) under the circumstances that CGCX thinks your account is exposed to potential risks according to these Terms, laws, regulations, legal instruments, government requests dependent on administrative functions and powers and other conditions that CGCX thinks fit. The reverse process is called “unfreeze”, which means CGCX stops freezing the frozen account. CGCX reserves the right to determine whether to unfreeze partially or wholly when users request to unfreeze. You shall fully understand the request to unfreezing account may not be necessarily accepted, and before unfreezing the account, you shall cooperate with us on identity verification or other relevant requirements, and provide including but not limited to identity information, identity card, passport, other valid identity documents and other documents or information required by us.

IX. COMPLIANCE WITH YOUR LOCAL LAWS

CGCX is licensed, governed and regulated by the Financial Services Authority of Labuan. CGCX will work with local authorities, regarding the prevention of terrorist financing and anti-money laundering (AML), When using our Services, you acknowledge that your actions are in a legal and proper manner and your sources of digital assets and fiat currency are not from illegal activities. CGCX may discretionarily or in coordination with local law enforcement authorities seize, restrict or close-out your account, fiat currency and digital assets. 

It is your sole responsibility to determine whether, and to what extent, any taxes apply to any transactions you conduct through the Services, and to withhold, collect, report and remit the correct amounts of taxes to the appropriate tax authorities. Additionally, you agree to comply with all relevant laws of Labuan, Malaysia.

X. PRIVACY POLICY 

CGCX respects the privacy of its users. The CGCX Privacy Policy, available separately, describes how CGCX collects, stores, discloses and uses information that pertains to Your privacy. You consent to CGCX’s use of your information under the terms of the CGCX’s Privacy Policy.  

CGCX’s users’ information in these Terms means information that is in compliance with laws and regulations and conforms to the following scopes：

CGCX undertakes that:

• We will not disclose any name, password, phone number and other information to any third party without acquiring user’s permission beforehand or legal causes.
• User information will be partially or wholly disclosed under below circumstances accord to legal requirements: (1) Required by user, disclose to user himself/herself or other third parties (2) Required by administrative and judicial authorities, and other third parties as prescribed by law, according to laws and regulations; and (3) Other disclosure according to laws and regulations

XI. INDEMNITY  

You shall indemnify CGCX and our agents (if any), employees, officers, directors, affiliates, subsidiaries and successors, and hold them harmless from and against all third-party claims except those resulting solely from CGCX’s breach of these Terms. Similarly, CGCX shall indemnify and hold harmless you and your agents, employees, officers, directors, affiliates, subsidiaries and successors from and against all third-party claims except those resulting solely from your breach of these Terms. 

XII. REFUSAL TO GUARANTEE AND DISCLAIMER

1. CGCX network, as a third party platform for “network service providers”, does not guarantee the information and services provided in this the site platform can fully meet the needs of users. CGCX.io shall not be liable for errors, insults, defamation, nonfeasance, obscenity, pornography, or blasphemy that may occur during the process of acceptance of the CGCX web service.
2. Based on the special nature of the Internet, CGCX does not guarantee that the service will not be interrupted, and the timeliness of the service, security are also not guaranteed, and CGCX does not bear the responsibility which is not caused by CGCX.
3. CGCX tries to provide a safety network environment to the users, however, CGCX does not guarantee that the site or its servers are free of viruses or other potentially harmful factors; therefore, the user should use the industry recognised software to check and kill any virus in the files downloaded from CGCX network.
4. CGCX is not responsible for the failure of preservation, modification, deletion or storage of the information released by the user. Nor will CGCX network be liable for the typographical errors, negligence, etc. not intentionally caused by CGCX.
5. CGCX has the right but no obligation to improve or correct any omission, error or any part of this site.
6. Unless the CGCX is expressly agreed in writing, the CGCX shall not guarantee the accuracy, completeness, reliability of any content, such as, but not limited to, advertising from the Site in any manner (including but not limited to, containing, connecting, by way of, or downloading) from the Site; CGCX network is not responsible for any products, services, information or materials purchased or obtained by the user according to the content information on this website. The user bears the risk of using the content of this website.
7. The user comments published by users in CGCX network, are only on behalf of the users personal point of view. It does not mean that this site agrees with their views or confirms their description. This site does not bear any legal responsibility caused by any user comments.
8. CGCX has the right to delete all types of information which does not meet the requirements of the laws or agreement, and CGCX retains the right not to inform the user.
9. In regards to notices issued to the users, CGCX will deliver these notices through a formal page announcement, station letter, e-mail, customer service phone call, SMS or regular mail delivery.
10. CGCX network does not bear any legal responsibility for any winning, discount activities or information which are delivered not by above channels. CGCX has the right to adjust the recharge, commission, transaction and other fees according to market conditions, and has the right to decide the termination of the free promotion period.

XIII. APPLICABLE LAW AND VENUE 

These Terms and your use of the Services will be governed by and construed in accordance with the laws of Labuan, Malaysia. You agree that any action at law pursued by you and arising out of or relating to these Terms not subject to arbitration (as set forth below) will be filed only in the People’s Court where CGCX locates and you hereby irrevocably and unconditionally consent and submit to the exclusive jurisdiction of such court over any suit, action or proceeding arising out of these Terms.  

XIV. ARBITRATION 

You and CGCX agree to arbitrate any dispute arising from these Terms or relating to the Services, except that you and CGCX are not required to arbitrate any dispute in which either party seeks other relief for the alleged unlawful use of copyrights, trademarks, trade names, logos, trade secrets or patents. ARBITRATION PREVENTS YOU FROM SUING IN COURT. You and CGCX agree that you will notify each other of any dispute within thirty (30) days of when it arises, that you will attempt informal resolution prior to any demand for arbitration, that any arbitration will occur in Labuan, Malaysia and that arbitration will be conducted confidentially by a single arbitrator. In any arbitration, the parties will not seek discovery from each other, and the arbitrator shall not allow parties to engage in discovery; rather, each party shall disclose the evidence supporting their positions at some mutually agreeable time and date prior to the final hearing. Other than class procedures and remedies discussed below, the arbitrator has the authority to grant any remedy that would otherwise be available in court. Neither you nor we will participate in a class action or class-wide arbitration for any claims covered by these Terms. You also agree not to participate in claims brought in by a private attorney general or representative capacity, or consolidated claims involving another person, if CGCX is a party to the proceeding. If the prohibition against class actions and other claims brought on behalf of third parties contained above is found to be unenforceable, then that language shall be deemed to have been dropped from these Terms and the remaining obligations relating to arbitration shall continue in full force and effect.  

XV. SEPARABILITY  

If any provision of this Agreement is deemed to be unlawful, invalid or unenforceable for any reason, such provision shall be deemed to be divisible and shall not affect the legal effect of any other provision.  

XVI. COMPLAINTS  

If you have any complaints, feedback or questions, please contact our Customer Service at [email protected] When you contact us please provide us with your name and email address and any other information we may need to identify you, and the transaction on which you have feedback, questions, or complaints.  

XVII. MISCELLANEOUS 

These Terms set forth the complete understanding of the parties with respect to the subject matter hereof and supersedes all prior understandings and communications relating thereto. No term or condition of any other document provided to CGCX which is different from, inconsistent with, or in addition to the terms and conditions set forth herein will be binding upon CGCX. You represent and warrant that all information disclosed to CGCX in connection with these Terms are true, accurate and complete.