TERMS AND CONDITIONS
MONEXCHAN BUSINESS INVESTMENTS ("Monexchan"), holder of a platform for storage and purchase transactions of encrypted digital currencies (www.monexchan.com), and the User, enter into this agreement, named Terms and Conditions, which defines the conditions For which the User may access and utilize the features of the Monexchan Business Investiments property system.
For the purposes of this instrument, the terms and expressions below have the following definitions and may be used in the singular or plural:
VIRTUAL PORTFOLIO: virtual storage account of Digital Coins, owned by the User.
ARRANGING ACCOUNTS: These are bank accounts held by Monexchan, through which Monexchan stores the money of the Users who deposit amounts and intend to make future purchases or gifts of digital coins announced by other Users on the platform.
DIGITAL CURRENCY or CRIPTOMOEDAS: encrypted digital assets, object of purchase and sale transactions in the Platform.
CURRENCY CURRENCY: Currency in physical environment (Dollar, Euro, among others)
ORDER OF PURCHASE: proposal made by the User on the platform in response to a SALES ORDER that interests you.
ORDER OF SALE: proposal made by the User on the platform, with the details and conditions of sale of their Digital Coins.
SERVICES: services provided by Monexchan in the online platform for storage and execution of transactions of purchase and sale of Digital Coins.
SITE: site owned by Monexchan, whose domain is www.monexchan.com.
2. THE WEBSITE
The site offers its Users a platform for the Purchase and Sale of Digital Coins, owned by the Users themselves. Through the site, the User can sell his Digital Coins to other Users, or buy Digital Coins from other Users.
3. UNDERSTAND WHAT IS A DIGITAL CURRENCY
Digital Coin is an electronic unit, which has monetary value, for the purpose of exchange of values, exclusively through the Internet.
In this way, those who have a Digital Currency can sell, buy or transfer to third parties, as well as directly negotiate with other Internet Users.
The value of Digital Currency, as with paper currencies, can vary over time. In this way, the value of your Digital Currency may not be the same at the time you sell it or use it to buy a product or service on the Internet. You can track the Digital Currency quote on the website itself or other sources on the Internet.
By expressing the "Acceptance", the User expressly declares that he has read, understood and understood all the rights and obligations set forth in these Terms and Conditions, and also agrees and is subject to all provisions of this instrument and its Annexes, if any.
For full access to the services and functionalities, it is also necessary that the User send, through the site itself, a scanned copy of the following documents: i) a valid identification document with a photo issued by the Government or official body; and ii) a proof of address, In the case of service accounts, must have a maximum of 03 (three) months of maturity. Users who choose not to send a copy of their identity document may face restrictions on the purchase or sale of Digital Coins through the site, and for access to other services and features, including limitations on transactions that are lower than those of other Users.
After sending the documentation by the User, Monexchan will promote the analysis and confirmation of the data. The verification phase may take up to twenty-four (24) hours.
Monexchan may suspend the User's access to the registration area until the situation is regularized, and is not responsible for the automatic saving of accumulated benefits or for the salvage of Previous registration
Confirmed the data of the User, its Registration will be validated by Monexchan. Only from the validation of the Register will the User be able to operate on the platform.
To register on the site, the User must be more than 18 (eighteen) years old.
The User undertakes to provide true, current and complete information in the course of his / her Register and shall keep this information current.
Monexchan is not responsible for the information provided by each User at the time of its Registration, and such information is provided under its exclusive ownership.
The provision of false information or Improper use of third-party data in its own name constitutes a crime and the offender shall be subject to existing criminal laws. In case of any of these cases, Monexchan may suspend or permanently cancel the access of the User in question to all services and functionalities of the site, without prejudice to any other measures that may be guaranteed by the legislation in force.
Monexchan may, in its sole discretion, Request documents and additional information to confirm or maintain the Registration of any User. In the event that Monexchan decides to exercise this privilege in relation to any User, the Register of such User may be suspended or definitively canceled if the User refuses to provide the information or to send the required documents or, if still, From the analysis of such information and documents, that the User entered false or incomplete information at the time of their Registration.
Each User may maintain only a single Register on the site. In the event that more than one Register relating to the same person is verified, one or all of these Entries may be suspended or canceled at Monexchan's discretion.
Monexchan reserves the right to refuse any registration request and to suspend or cancel a Registration previously accepted in cases of: (a) violation of any of the provisions of these Terms and Conditions, (b) impossibility of verifying the identity of the User or finding falsehood in any of the information provided by him, (c) practicing fraudulent acts or Malicious behavior or the adoption of any behavior that, at Monexchan's discretion, is incompatible with the objectives of the site, smoothness with other Users or that may in any way cause harm to third parties or to the site. Is suspended or canceled for any of the reasons provided in these Terms and Conditions, all your Purchase Orders or Sales of Digital Coins Not yet executed will be automatically canceled.
5. ACCESS - LOGIN AND PASSWORD
At the time of registration, the User must create a "username" (login) and a password to access your account on the site. The "username" (login) cannot be similar to the name "Monexchan". Can also be canceled Registrations made with "user names" (login) considered offensive or inappropriate.
The login and password are personal and not transferable and should not be ceded by the User to any persons. In case the User becomes aware that a third party has had access to their login and password, or the occurrence of any unauthorized use or access of their account on the site, the User must promptly request the change of password on the site, through the option " Change Password "in the" Settings "menu, and immediately report the fact to Monexchan.
The User will be solely responsible for the purchase and sale of Digital Coins made to his account on the website
.6. PURCHASE AND SALE OF DIGITAL COINS THROUGH THE PLATFORM
6.1 General Operation
Through the services provided, Monexchan offers a platform for the purchase and sale of Digital Coins by the User, transactions carried out by the Users themselves, enabling them to trade directly with each other, without Monexchan participates in the contact, negotiation or execution of these negotiations, characterizing Monexchan only as an intermediary of the negotiations. Upon completion of the Register by the User, a VIRTUAL PORTFOLIO is created for this, which can be accessed, consulted and transacted through the use of your password And login.A User's Virtual Wallet is the account created automatically for the User, after the validation of your registration.
The Virtual Wallet represents, in an illustrative way, the money held in the Collection Account and that can be (i) withdrawn by the USER for transfer to a bank account of his / her ownership; (Ii) stored; (Iii) put up for sale through ORDER OF SALE OF DIGITAL COINS.
The transactions carried out between the Users are the sole responsibility of these. Monexchan enables through the PLATAFORM the storage of Digital Coins in Virtual Wallets and transactions of Digital Coins. The User may use the services to store Digital Coins and to issue PURCHASE ORDER and / OR ORDER OF SALE.
Monexchan may use certain parameters of its own to establish certain limits, such as but not limited to, the number of Digital Currency transactions and amounts transferred and stored in the Collection Account.
Monexchan may, in its sole discretion, increase and decrease the limits initially stipulated. Undertakes and is solely responsible for not using the services for direct or indirect purposes to (i) violate any law, regulation, these Terms and Conditions, or perform acts contrary to morality and good manners; (Ii) practice money laundering; And / or (iii) finance activities and / Or organizations involving terrorism, mafia, drug trafficking, human persons and / or organs. As a condition for the use of the Services, the User understands and acknowledges that the transactions of the purchase and sale of Digital Coins are carried out at his own risk and that Monexchan acts exclusively as maintainer of the Platform for Users to trade among themselves.
At no time shall Monexchan be liable for any loss, damage, loss and / or loss of profits that may be suffered by Users due to the purchase and sale transactions carried out or not through the platform.
6.2 Sales Order
The User who wishes to sell his Digital Coins to other Users must publish on the site a Sales Order, by completing the form available on the Platform. Before publishing your Sales Order, the User must have transferred the Digital Coins that he intends to sell to his account on the site. The value of the sale of Digital Currency is established by the User himself without any involvement of Monexchan.
The User declares himself aware of That each Order of Sale published by it on the site represents an effective offer to sell the Digital Coins referred to in the Sales Order at the price indicated by the User himself. Thus, User acknowledges that after the acceptance of his Order of Sale by another User, the sale of the Digital Coins object of the Sales Order will be automatically terminated by the site and can not be undone or modified.
Once the Order of Sale is accepted by any User, the Digital Coins will automatically be transferred to the Buyer / Acceptor User account. The User may cancel any Sales Order only prior to its acceptance by another User.
6.3 Purchase Order
The User who wishes to purchase Digital Coins from other Users shall publish a Purchase Order on the site by completing the form available on the Platform. Before publishing your Purchase Order, the User must have transferred the value of the Purchase Order, in Fiduciary Currency, to Monexchan, through the forms of payment made available on the website. The value of the purchase of the Digital Currency is established by the Bank itself User without any involvement of Monexchan. The User acknowledges that each Purchase Order published by him on the site represents an effective offer to purchase the Digital Coins referred to in the Purchase Order at the price indicated by the User himself. Thus, the User acknowledges that after the acceptance of his Purchase Order by another User, the purchase of the Digital Currencies object of the Purchase Order will be automatically terminated by the site and can not be undone or modified. Once the Purchase Order is accepted by any User, the value, in Fiduciary Currency, of said purchase will be automatically transferred by the site to the User / Acceptor User account. The User may cancel any Purchase Order only prior to its acceptance by another User.
6.4 Storage of Digital Coins in the Virtual Wallet
User may store his Digital Coins in his Virtual Wallet, either to issue ORDER OF SALE, or for the so-and-only storage Of the same. The User may at any time transfer his / her Digital Coins to another SITE, platform, manager or e-wallet of Digital Coins.
6.5 Storage of Money in the Virtual Wallet
The User may store money in his / her Virtual Wallet for later issue Of Purchase Order and consequent purchase of Digital Coins. The User declares that he will only store money in his Virtual Wallet for purposes of future issues of Purchase Order.
The User may at any time request the transfer of his values in cash to the bank account Of its ownership linked to its Cadastre. The bank account informed, besides valid and owned by the User, must be in the same country where it originated the funds to be transferred.
The Monexchan May at any time, for any reason and without prior notice, transfer the cash values stored in the User's Virtual Wallet to the bank account owned by it and linked to its Register. The User must be aware that any Sales Order or Order of Purchased by it published may be partially accepted by another User. Thus, if the User publishes a Purchase Order of 10 Digital Coins, another User may partially accept this Order and agree to the sale of, for example, 5 Digital Coins at the price specified in the Order. In that case, the remainder of the Purchase Order may be canceled by the User who published it, or it may keep it in force, pending other Users to agree to sell the remaining Digital Coins at the price of the Purchase Order, up to the amount remaining If the User wishes to cancel a Sales Order published by it and not yet accepted by another User, the User issuing the canceled Order may, through the website itself, withdraw its Digital Coins and transfer it to another location.
Storage. If the User wishes to cancel a Purchase Order published by him and not yet accepted by another User, the User issuing the canceled Order may request, through the website itself, the return of the amount in Fiduciary Currency that he transferred to I7xxx. This return will be made by Monexchan necessarily to a bank account owned by the User, previously informed in its Register. Monexchan is not a party nor shall it be considered a party to any of the purchase and sale transactions made by Users through the site and will not be liable , In any event, for the effective fulfillment of the obligations assumed by Users in these transactions. The User acknowledges and accepts that, when negotiating with other Users, he does so at his own risk, recognizing Monexchan only as a provider of space availability services For trading between Users. In no event will Monechan be liable for any losses, damages, losses or lost profits that the User may suffer due to the negotiations carried out or not carried out through the site. Monechan recommends that every transaction be carried out with caution, common sense and adequate level of By the User participating in it.
7. FEES / TAX Registration on the Website is free. The User will pay the Commissions charged by the site only to carry out the following operations: (a) Deposit of Trust Currency for the purchase of Digital Coins: When the User makes a deposit in Fiduciary Currency for purchase Of Digital Coins through the site, a commission will be charged on the amount deposited. (B) Withdrawal of amounts in Fiduciary Currency: Both the User who sells his / her Digital Coins through the website , As well as the User who, when depositing amounts in Fiduciary Currency, does not use them fully for the purchase of Digital Currencies, will pay Commission to the site for withdrawal of the amounts in Fiduciary Currency. (C) Execution of a Sales Order: The publication of a Digital Coins Sale Order on the website is free of charge. However, if this Sales Order is accepted, totally or partially, by another User, a User Commission that publishes the Order will be charged. Therefore, the balance in Fiduciary Currency available for withdrawal by this User will be the sale value of your Digital Coins, already discounting the amount of the commission provided for in this item (c) and the amount of the commission provided for in item (b) Execution of Purchase Order: The publication of an Order of Purchase of Digital Coins on the website is free. However, if this Purchase Order is accepted, totally or partially, by another User, a User Commission that publishes the Order will be charged. Thus, the balance in the Fiduciary Currency available to the User that publishes a Purchase Order will be the amount deposited by the User, discounting the amount of the commission provided for in this item (d) and the value of the commission provided for in item (a). Of all Fees charged by the site will be presented in a clear manner, at the moment of the registration by the User of a deposit notice or a request for withdrawals of Fiduciary Currency, as well as at the time of publication of a Purchase Order or By accepting these Terms and Conditions, the User agrees to pay Monexchan the amounts corresponding to the Commissions for the services rendered, as indicated in these Terms and Conditions. Monexchan reserves the right to modify, increase or eliminate Commissions in force at any time, either permanently or on a transitional basis during promotion periods. Any changes in Our Commissions will be disclosed through the website. Monexchan reserves the right to take the necessary judicial and extrajudicial measures to receive any amounts due to it.
8. INTELLECTUAL PROPERTY RIGHTS
Users acknowledge and agree that Monexchan is the sole and exclusive owner of all copyrights and intellectual property related to the site, including its domain name, its programming, files, databases, content, design, features And other characteristics, and that such rights are protected by law. The Monexchan trademark, the Monexchanx trademark, and the products and services associated with that trademark are the exclusive property of Monexchan, and its unauthorized use is subject to the consequences provided by law. These Terms and Conditions do not imply the assignment or transfer to User of any rights relating to the site, or any part of its content or features. Users may use the Site only to the strictest permitted terms in these Terms and Conditions. Users may not modify or attempt to modify any functionality of the Site, reproduce any derivations of the Site or otherwise access any part of the Site for the creation of a Product or service, or any product or service that contains ideas, features or functions similar to those of the site. The use of any device, software or other resource that may interfere with the activities and operations of the site or that has the purpose of improper access to the information or databases of the site is also not allowed. Any activity that violates or contravenes intellectual property laws, other applicable rules or prohibitions set forth in these Terms and Conditions will subject the responsible to the relevant legal consequences, including compensation for any damages caused. The site may display links to other Internet sites, Which does not mean that these sites are owned or operated by Monexchan. Monexchan has no control over the content of other sites whose access is facilitated by links inserted in our platform and, therefore, will not be responsible for the contents, practices and services offered in these other sites.
9. PRIVACY / SAFETY
10. RESTRICTIONS AND PROBLEMS OF ACCESS
Website services are available for access exclusively through the Internet. In order to access our services, Users must be provided with the necessary and appropriate equipment, such as computer with properly installed and licensed browser, modem, as well as Internet access infrastructure and services. The services of the website Are subject to interruptions, delays and problems inherent in the use of the Internet. Monexchan shall not be liable for any such interruptions, delays or problems, or for any defects or limitations of the equipment or navigation program used by the Users, or for any defects or limitations of the access provision services or access infrastructure. Monexchan will not be responsible for any virus that may attack the User's equipment due to access, use or navigation on the Internet or as a consequence of Transfer of data, files, images, texts or audio.
Monexchan may change, at any time, these Terms and Conditions, in order to improve and improve the services offered by the site.Eventual changes in these Terms and Conditions will come into effect ten (10) days after its publication in the If you do not agree to the changes implemented in these Terms and Conditions, you must immediately cancel your Registration. The silence will be considered as tacit acceptance of the new Terms and Conditions. The term for the use of PLATAFORMA will be of indefinite duration.
12.TERMINATION, SUSPENSION, OR CANCELLATION OF THE REGISTRY AND / OR SERVICES
The User may terminate this instrument at any time, by requesting the closure of the registration of his ownership on the site. The termination of the User's registry and consequently of the Virtual Wallet of his ownership Will only be possible if there is no registration of funds, that is, if there are no amounts in reais or in Digital Currencies at the moment of cancellation, it being incumbent upon the User to make the appropriate redemptions or sales, if applicable.After suspension and / or Cancellation of the user registration, made by himself or Monexchan, the User acknowledges that he may no longer have access to and / or retrieve information about transactions carried out through the Platform, and Monexchan does not have any obligation to store information, nor to pass on these In the event of suspected fraud or any other illegal activity, Monexchan may, in addition to resorting to applicable legal measures, at the time of termination, retain any funds stored in the User's Virtual Wallet until the respective investigations are concluded.
12.1 Causes for Termination, Suspension and / or Immediate Cancellation Monexchan reserves the right To suspend and / or cancel Users' registration immediately and indefinitely, at any time and without prior notice, in the event of evidence of, but not limited to: a) providing false, inaccurate, incomplete or misleading information; (C) acting in bad faith, (d) breach of any of the terms of these Terms and Conditions, (e) use of the Services in breach of the law or Any related regulation, f) involvement in fraudulent or illegal conduct, g) double-spending attempt, that is, if the same Digital Currency is used in two transactions. In the event of termination, all fees paid and charges made before closing are not refundable.
12.2 Inactive Accounts
In addition, these Terms and Conditions establish an effective Contract, which may be terminated by Monexchan once the account inactivity has been evidenced by more than 180 The termination of these Terms and Conditions shall not affect any rights and obligations that may accrue prior to the termination or termination of this Agreement and / or the provision of the Services. The obligations of any party contracted by these Terms and Conditions shall remain upon termination and shall continue in full force and effect until terminated, including but not limited to those arising from Digital Currency transactions and PURCHASE ORDER ORDER OF SALE.In case of suspension and / or cancellation of Registration, Monexchan may, without prejudice to the provisions of the item above, transfer any and all funds present in the Virtual Wallet to the bank account linked to the User's registration, owned by it. This bank account, in addition to being valid and of its ownership, must be in the same country that originated the funds to be transferred. In no case will be transfers of balances to third parties not holding, or to bank accounts of different ownership of the User .The Digital Coins can only be transferred to a bank account after conversion into Fiduciary Currency. In case of suspension and / or cancellation of registration by any of the parties, the User will have a period of 60 (sixty) days to indicate another Website, platform, manager and / or e-wallet of Digital Coins for transfer. In case the User no longer informs the new and valid data for such, Monexchan may convert to Fiduciary Currency, based on the quotation of the day informed on the site, and transfer the value to the bank account linked to the cadastre. Interruption, suspension and discontinuation of the Services does not release Users at any time from compliance with these Terms and Conditions, including, but not limited to, the Liability and Termination clauses, which survive termination of the relationship between you and To Monexchan.
In the event of User's failure to comply with any provision of these Terms and Conditions, Monexchan may declare it terminated in relation to such User, regardless of notice, notification or any other formality, immediately interrupting access by User to the site, without prejudice to any other rights assured to Monexchan by law or by these Terms and Conditions. Questions may be settled through Support.