AirCash Terms of Use and Disclaimer
AirCash Terms of Use and Disclaimer
May 26, 2022
AirCash, built by AirCoin DAO Labs, is the first and the largest decentralised cryptor-fiat OTC trading platform in the galaxy. It is easy and safe to use, with no KYC, instant deposit and peer to peer encrypted message.
AirCash, built by AirCoin DAO Labs, is the first and the largest decentralised cryptor-fiat OTC trading platform in the galaxy. It is easy and safe to use, with no KYC, instant deposit and peer to peer encrypted message.
1. Introduction
1.The AirCash Terms of Use (the “Terms”) and “Disclaimer” govern your access to and use of our website and mobile decentralised applications (collectively, the “Platform”), and associated content, features, software and decentralised applications in the Platform (collectively, the “Service”). In addition, when using some features of the Services, you may be subject to specific additional terms and conditions applicable to those features.
2. The Platform and the Service are administered and maintained by AirCoin DAO Labs. (AirCoin). The terms “we”, “us” and “our” also refer to AirCoin. The term “you” refer to the individual who visits/accesses the platform, as well as refer to the User and Merchant on the Platform and the Serive.
3. AirCoin DAO Labs. (AirCoin) is a decentralized autonomous organization (DAO) established in 2021, which has built AirCoin, AIRNFT, AirCash, and many more. AirCoin DAO is community autonomy with no private equity or crowdfunding. AirCoin DAO’s consensus members are volunteers (Volunteers), who develop/manage/operate AirCoin, the Platform and the Service.
4. Please read these Terms carefully. Each time you access, use or attempt to use Platform and its Service in any capacity (for example, through the internet or on a mobile device), you irrevocably agree to comply with the version of the Terms posted on the Platform at the time you access the Platform. You may not use the Platform or the Service if you do not agree to these Terms.
2. Eligibility
1. To access or use the Platform and the Service, you must be at least of legal age in your respective jurisdiction, you are capable of entering into and performing legally binding trading under applicable law.
2. The Platform and the Service are strictly to your legally use. You must not use the platform and the Service to trade if in your knowledge, you think your wallet is no longer safe.
3. Connect Your Wallet to the Platform
1. Please access insert the link to understand “How to Connect Your Wallet to the Platform”
2. Upon completion of completion of connecting to your wallet, you conduct crypto-fiat trading on the Platform in accordance with the provisions of these Terms and Platform Rules.
4. User and Merchant
1. If you want to use the Platform and the Service to trade, and/or you are a user or a merchant on Platform. Please first access insert the link to read and understand <AirCash Rules and User Guidance>.
2. You are solely responsible for all activities that you undertake on the platform and the Service. We will not be responsible in any way if your trading cannot be completed due to your own mishandling or your wallet(s) are misappropriated or used by a third party. You therefore agree to follow the rules and guidance of the Platform and the Service, and keep your wallet(s) strictly safe and protected.
5. Merchant Pledge Program
1. If you want to be a merchant on the Platform, or Witness or Congressman, you need to follow the Platform pledge program. Again, please read insert the link to read and understand <AirCash Rules and User Guidance>.
2. The pledge can be released at any time and its withdrawal takes 28 days to return to the wallet.
3. The status of Merchant, Witness and Congressman will be cancelled if the pledge is released.
6. Trading and Orders
1. After you place an Order, if your Order fully or partially matches another user’s and/or merchant’s Order, if your trading is executed, your account will be updated to reflect that the Order has been fully executed and closed, or the Order has been partially executed. The Order will remain uncompleted until it is fully executed or cancelled.
2. Please trade strictly in accordance with the rules of the Platform and transaction prodedure. 30 minutes is a safe transaction duration. If a trading cannot be completed in 30 mintures, to avoid any possibilities of losing assets, the user and/or merchant must not transfer payment and cancel the transaction.
7. Fees
1. No gas fee for log-in, the registration fee will be charged together with the 1st transaction. The Platform and the Service are free; however, you need to pay Binance the gas fee.
2. You agree to pay Binance the gas fees specified in www.binance.com/en/fee/schedule. Binance may, in its discretion, update the fees at any time. Any updated fees will apply to any sales or other Transactions that occur following the effective date of the updated fees. You authorize Binance to deduct from your account any applicable fees that you owe under these Terms.
8. Resolving Disputes
1. The Platform has a trust/appeal mechanism -- Merchant pledge mechanism, Witness for appeal, and Congressman for final appeal to maintain a sustainable the decentralised OTC operating in a integrity way. Please read insert the link that leads to the page of AirCash Rules and User Guidance.
2. If any disputes arise, the Platform will have Witness for appeal and Congressman for the final appeal.
9. Upgradation, Modification of the Platform and the Service
At any time and in AirCoin's sole and absolute discretion, AirCoin may (in whole or in part) upgrade, modify, revise, suspend or discontinue the Platform and the Service and/or any Content without prior notice, for any reason whatsoever. We shall have no liability to you or to any third party for any such upgradation, modification, suspension or discontinuance.
10. Restrictions
When you use the Platform and the Services, you agree and undertake to comply with the following provisions:
1. During the use of the Platform and the Services, all activities you carry out
should comply with the requirements of applicable laws and regulations, these Terms, and various guidelines of AirCoin;
2. Your use of the Platform and the 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 and/or Merchants from using the Platform and the Services;
3.You agree not to use the Platform and the Services for market manipulation (such as pump and dump schemes, wash trading, self-trading, front running, quote stuffing, and spoofing or layering, regardless of whether prohibited by law);
4. By accessing the Platform and the Services, you agree that if any disputes during the trading, either the users or the merchants can apply for an appeal. The Witness and/or the Congressman will intervene to handle the appeal. Please access insert the link to read and understand <AirCash Rules and User Guidance>.
11. Indemnification
1. You agree to indemnify and hold harmless AirCoin Operators and Volunteers, as well as our affiliates, partners, contractors, licensors, and/or 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, the Platform and the 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 the Platform and the Services.
2. If you are obligated to indemnify AirCoin Operators and volunteers, as well as our affiliates, partners, contractors, licensors, and/or agents pursuant to these Terms, AirCoin will have the right, in its sole discretion, to control any action or proceeding and to determine whether AirCoin wishes to settle, and if so, on what terms.
12. Disclaimer
You acknowledges and agree that AirCoin, the Platform and the Service have no liabilities or whatsoever for any failure of performance, system, server or connection failure, error, omission, interruption, breach of security, computer virus, malicious code, corruption, delay in operation or transmission, transmission error or unavailability of access in connection with the electronic platform.
13. Force Majeure
AirCoin will not be liable for any delay or failure to perform as required by these Terms because of any cause or condition beyond AirCoin’s reasonable control.
14. Announcements
1. Please be aware that all official announcements, news, promotions, competitions and airdrops will be listed on http://aircoin.cool ; and/or https://twitter.com/Aircoinreal ; and/or https://t.me/aircoinrealchannel.
2. Please undertake to refer to these official announcements regularly and promptly. AirCoin will not be held liable or responsible in any manner of compensation should you incur personal losses arising from ignorance or negligence of the announcements.
15. Acknowledgement of Risk
You acknowledge that crypto asset investments and trading involve risks (including the possibility of loss of the capital invested). Please make your investments (trades) cautiously.
16. No Financial Advice
1. You acknowledge that AirCoin does not provide investment advice to you. AirCoin 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. AirCoin will not be held responsible for the decisions you make to buy, sell, or hold Digital Asset based on the information provided by AirCoin.
2. AirCoin 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 effected by you using the Platform and the Services. No communication or information provided to you by AirCoin 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.
17. Compliance with Local Laws & Tax
1. You acknowledge that AirCoin does not provide investment, legal, or tax advice to you. You should consult legal or tax professionals regarding your specific situation.
2. It is your responsibility to abide by local laws in relation to the legal usage of the Platform and the Services in your local jurisdiction as well as other laws and regulations applicable to you.
3. You must also factor, to the extent of your local laws, all aspects of taxation, the withholding, collection, reporting and remittance to your appropriate tax authorities.
4.You acknowledge and declare that your funds come from legitimate sources and do not originate from illegal activities
18. Interpretation and Revision
1. AirCoin 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 AirCoin websites and on the Platform and the Service. It is your responsibility to regularly check relevant pages on our websites/applications to confirm that you are aware of the latest version of these Terms.
2. If you do not agree to any such modifications, your only remedy is to terminate your usage of the Platform and the Services. You agree that, unless otherwise expressly provided in these Terms, AirCoin will not be responsible for any modification or termination of using the Platform and the Services by you, or suspension or termination of your access to the Platform and the Services.
19. 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.
20. Third-Party Website Disclaimer
Any links to third-party websites, and/or the appearance of third party advertisements, if any, from the Platform and the Services, do not imply endorsement by AirCoin of any product, service, information or disclaimer presented therein, nor does AirCoin guarantee the accuracy of the information contained on them. If you suffer loss from using such third-party product and service, AirCoin will not be liable for such loss. In addition, since AirCoin has no control over the terms of use or privacy policies of third-party websites, you should read and understand those policies carefully.
21. Contact Information
For more information on AirCoin, the Platform and the Service, you may refer to the our official websites. If you have questions regarding these Terms, please feel free to contact AirCoin for clarification. Email: [email protected].
22. Feedback
Your feedback, comments and suggestions are welcome. Please email to [email protected].
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