These Terms and Conditions (the 'Terms') set out the conditions under which Cryptofundex Group Limited, a company incorporated under the laws of Hong Kong offers you the right to use Cryptofundex.com Website at https://www.Cryptofundex.com (the 'Site' or 'Website') and access to the Cryptofundex.com Platform (the 'Platform'). Please read these Terms carefully and do not use the Site or the Platform unless you accept them.
Furthermore, the following terminology applies to these Terms and Conditions and any or all Agreements: 'Client', 'Registered Member', 'You' and 'Your' refers to you, the person accessing this website and accepting the Company's terms and conditions. 'The Company', 'Ourselves','We' and 'Us', refers to Cryptofundex.com. 'Party', 'Parties', or 'Us', refers to both the Client and ourselves, or either the Client or ourselves. All terms refer to the offer, acceptance and consideration of payment or fees necessary to undertake the services provided by Cryptofundex.com and its' associated Platform.
Cryptofundex.com and its associated Platform facilitates a service whereas registered members can exchange fiat currency for virtual currency.
By registering on and using any of the functions provided by the Cryptofundex.com Site or Platform, you are deemed to have read, understood and accepted all of the following terms & conditions. In addition, by opening an account to use the Cryptofundex.com Platform:
you have accepted these Terms:
you are confirming that you are at least 18 years of age and have the full capacity to accept these Terms and enter into a transaction as a result of using the Cryptofundex.com platform.
you agree only to trade with legally obtained funds that belong to you.
you agree to take full responsibility for your trading or non-trading actions and any gains or losses sustained as a result of using the Cryptofundex.com platform.
you confirm the details provided upon registration are true and accurate.
you are confirming that you are not residing in, nor a citizen of, the United States of America you agree to abide by any relevant laws in your jurisdiction, including reporting any trading profits for taxation purposes.
Persons located in certain territories, currently including the United States of America and its territories and the countries specified as prohibited, excluded or similar as part of the terms and conditions and/or list on the website, in each case as supplemented from time to time are not permitted to use the website, with the exception of withdrawing any funds directly to the account owner. To remove any doubt, this restriction also applies to residents and citizens of other nations while located in a prohibited jurisdiction. The fact that the website is accessible in a prohibited jurisdiction, or that the website allows the use of the official language of a prohibited jurisdiction, shall not be construed as a license to use the website in such prohibited jurisdiction. any attempt to circumvent this restriction, for example, by using a vpn, proxy or similar service that masks or manipulates the identification of your real location, or by otherwise providing false or misleading information regarding your citizenship, location or place of residence, or by using the website through a third party or on behalf of a third party located in a prohibited jurisdiction is a breach of this agreement. If it becomes apparent, or we have reasonable grounds to suspect, that you are located in any of the prohibited jurisdictions, this may result in closing your account, without an obligation to provide you with advance notice, all in accordance with applicable laws and agreements. Changes to Terms.
Changes to Terms
Cryptofundex.com reserves the right, at its sole discretion, to change, add or remove portions of these Terms, at any time. Such notification will be made via the Website. It is your responsibility to review the amended Terms. Your continued use of the Website and Platform following the posting of changes will mean that you accept and agree to the changes and you agree that all subsequent transactions by you will be subject to these Terms.
Cryptofundex.com reserves the right to close inactive accounts that have exhibited no events or transaction activity for a period greater than 6 months. Customers of whom accounts will be closed as a result of this condition will be contacted by Cryptofundex.com using the customers registered email address 14 days prior to account closure. After the account is closed, customers will have 30 days to make arrangements for any funds held in the account or notify Cryptofundex.com by email that they wish to keep the account open. Cryptofundex.com will not be liable for any funds that were held within the account after 30 days from account closure.
Cryptofundex remains committed in providing a safe, globally-compliant and reputable service to its clients. As a company, we pride ourselves on the integrity and transparency of our business. For this reason, Cryptofundex relies on comprehensive and thorough KYC (Know-Your-Customer) and AML (Anti Money Laundering) policies.
Cryptofundex is legally registered and its infrastructure is physically located in Hong Kong. Cryptofundex insists on a comprehensive and thorough KYC (Know-Your-Customer) and AML (Anti Money Laundering) compliance framework. This includes the monitoring of suspicious transactions and obligatory reporting to local regulators and other compliance bodies.
Our AML and KYC policies differ depending on the country of origin of which our clients are located and furthermore recorded against through the Cryptofundex registration process. The specific AML and KYC policies as per regional jurisdiction are located below. Our robust compliance framework ensures that regulatory requirements are being adhered to at both a local and global level, instilling a level of trust and ensuring Cryptofundex will continue to operate indefinitely.
Cryptofundex reserves the right to refuse registration to persons from or in jurisdictions that do not meet international AML standards or could be considered as a Politically Exposed Person.
Cryptofundex reserves the right to carry out customer due diligence to verify its users and their transactions. Enhanced customer due diligence will be carried out periodically as part of our ongoing risk review and assessment. In addition to this, any attempt to abuse Cryptofundex or its platform will result in an immediate account suspension and reported to the respective authorities.
The Cryptofundex AML and KYC policies are as follows:
Transactions conducted via the Cryptofundex platform will be subject to AML transaction monitoring.
Identity and proof of address documents and transaction records will be maintained for at least six years and will be submitted to regulators as required without prior notification to registered users.
Cryptofundex may at any time without liability and without disclosing any reason, suspend the operation of your account. Cryptofundex shall notify you after exercising its rights under this clause.
Registered members of whom transactions involve fiat currency will be required to verify their identity and adhere to the Cryptofundex KYC policy. This includes the submission of both government ID and proof of address. Valid ID includes a passport, national card, or drivers license. Valid proof of address includes utility and rates bills not older than 3 months. Other forms of ID and Address verification will not be accepted. Your account will be unregistered until account verification has been completed.
Suspicious transactions will result in a Suspicious Activity Report being submitted to the Joint Financial Intelligence Unit ('JFIU').