These Terms of Service regulate the business activity of GODEX
(hereafter referred to as "GODEX", "Godex", "Ourselves", the "Website",
the “Service”, "We", and "Us", “Company”) refers to "godex.io" (the
These Terms of Service regulate the activities of the Company and the
User of the Services (hereinafter referred to as: "Client", "You", "Yours",
the "Customer" and/or the "User").
Access to the service by the User is made by visiting the godex.io website
to either use the Service or otherwise to learn more about the Company
and it’s services. By using the Service provided on the Website, the User
acknowledges and accepts the Terms of Service hereafter described.
The User should read and accept the Terms of Service outlined on this
page prior to using the Services provided by the Website. The User is not
allowed to use the Service provided by GODEX unless he accepts the
Terms of Service as outlined.
User Acknowledgement of Terms of Service
By using the Website and/or the Service provided by GODEX, the User
hereby agrees to the Terms of Service of GODEX as outlined on this
page. The User acknowledges that the Company and its affiliations, or
GODEX may adapt these Terms of Service whenever and wherever they
The User acknowledges that the Company may restrict User access to the
Website in the form of service termination or service suspension, or
otherwise the prohibition of the User from entering the Website or
accessing any contents of the Website. The User acknowledges that the
Company may restrict access should the Company and its affiliations, or
GODEX reasonable perceive that the User is in violations of the Terms of
The Company and the User, separately, may sometimes be referred to as
the “Party” and jointly as the “Parties” in the following agreement.
Terms of Service
1. Scope of services
1.1. This Agreement shall establish the conditions and procedure for
the provision of Company Services to the User. The Company’s services
shall mean the provision of access to a virtual (crypto) exchange platform
in order for the client to analyze virtual currency exchange rates, review
news about virtual currency as well as use the platform for any other
reason that is deemed legal in the jurisdiction of the User.
1.2. Acceptance of the terms and conditions of this Agreement at the
time of visitation of the website shall mean the User’s full and
unconditional consent to the terms and conditions hereof.
1.3. The Company does not create, maintain, or administrate any
Virtual Currency found online. The Website aggregates data of multiple
Virtual currency exchanges across the internet for the User.
1.4. The Service provided by the Company allows the User to exchange
Virtual currency through access of an external website, through our
1.5. The Company’s interest (the Company’s remuneration for the
using of its services and the Website) is included in the final rate of the
User’s exchange transactions. The User shall not need to pay additional
fees directly to the Company, unless otherwise provided by these Terms.
2. Representations and warranties
2.1. The Company acts as an intermediary party between the User and
the External Website.
2.2. The Company has no control over any Virtual currency listed on
2.3. The Company shall not be liable for the generation, distribution,
redistribution, expiration, retention, or termination specific to any Virtual
currency listed on the Website.
2.4. The Company has no control over the volatility of any Virtual
currency listed on the Website.
2.5. The Company shall not provide any warranties (either expressed or
implied) to the User.
3. Information on exchange rates
3.1. Information and exchange rates presented on the Website are done
so based on data provided by external exchanges. The User understands
and agrees that GODEX are not liable for miscommunication of actual
exchange rates as presented on the Website. Information and content
provided on the Website are presented "as-is" and "as-available" at any
given time the User accesses the Website.
3.2. The User fully acknowledges that using any of the Company’s
Services, trading with Virtual currencies is at the User's own risk. The
User hereby fully acknowledges the risk factors involved in trading
Virtual currencies as facilitated through GODEX as an intermediary party
for any of the listed Virtual currency exchanges. Risk factors include the
partial or full loss of valuation of the User's Virtual currency funds,
whereby the Company expressly declares that GODEX offers no
warranty in any form regarding the use of the Website, the Service
offered through the Website, the related Exchanges listed on the Website,
or funds of the User.
3.3. All parties of the Company and GODEX strive to provide the User
with an uninterrupted service. The Company and GODEX cannot
guarantee that access to this Website and the provided Service will not be
interrupted. The Company does not guarantee that there will not be any
failure, interruption, or error of service. The Company strives to provide
an uninterrupted level of Service without failure or loss of data.
3.4. The Company reserves the right to suspend the Website or Service
provided by the Website in case of maintenance.
3.5. In the event of maintenance, the Company strives to alert the user
with reasonable notice. Reasonable notice is considered as determined by
the Company at its sole discretion.
3.6. Users of this website agree that the trading of any type or form of
Virtual currency must adhere to the laws of their country of citizenship or
3.7. Should the User ignore law as ascribed by their nation of
citizenship, or should the User partake in any activity deemed illicit by
the law of their nation of residence, GODEX and the Company are not
liable for any legal ramifications the User may face.
3.8. GODEX and all affiliations of the Company are not and cannot be
held responsible for any violation of law. It is the responsibility of the
User to know and understand potential legal ramifications of trading
Virtual currency in any way or form. The User must follow the laws of
their country of residence from which GODEX and the offered Service is
4. Risk acknowledgement
4.1. The value of a virtual currency is highly volatile, the value can go
up or down at any time and there can be a substantial risk that you lose
money buying, selling, holding, or investing in virtual currency.
Purchase, sell, or exchange Virtual currency at your own risk and in
compliance with all legal regulations emplaced in your country of
residence. The Company shall not be liable for any legal risk the User
may be exposed to when buying, selling, or exchanging Virtual currency.
4.2. Virtual currencies have inherent risk attached to them. Price
fluctuations may cause your initial valuation to drop in value prior to or
after your transaction is facilitated by GODEX, its affiliations, or an
unaffiliated Virtual exchange. When a User uses our Service, they
acknowledge that the Company, GODEX, Our rendered Service, and any
other affiliations of the Company are not liable for fluctuations in value
of any type of Virtual currency
4.3. Virtual currency may not be regulated in your jurisdiction and any
protection may not be applied to the purchase or sale of virtual currency.
4.4. You should carefully consider whether the trading of virtual
currency is suitable for you in light of your own financial condition and
4.5. We do not own or control the underlying software protocols which
govern the operation of virtual currency, generally, the underlying
software protocols are ‘open source’ and anyone can use, copy, modify,
and distribute them. We do not assume any responsibility for the
operation of underlying software protocols and are not capable to
guarantee its functionality, security, or availability. You acknowledge and
accept the risk that underlying software protocols relating to any virtual
currency you store in your virtual currency wallet may change.
5. Trading Virtual Currency
5.1. The use of GODEX, our Website, and the provided Service entail
risks inherent in Virtual currency trading.
5.2. All forms of Virtual currency are volatile, which may or may not
affect the value of a trade you commit to when using the Company’s
Service or an external Virtual currency exchange. When a User uses the
Service provided by GODEX, the User acknowledges that the Company,
GODEX, the Service, and any affiliations of the Company are not liable
for any Virtual currency market fluctuations that may or may not affect
the final value of your conversion.
6. Rights to Content
6.1. Website content of which include, but may not be limited to, the
company logo, GODEX logo, Website text and proprietary code, are
property of the Company and under copyright, trademark, and other
forms of legal protection.
6.2. Usage of Assets are prohibited unless specified otherwise. Use of
content is allowed for non-commercial purposes, of which includes
personal and/or informational use. Use of content is allowed for purpose
of press releases and general information for the public sphere.
6.3. As a User you agree to not republish, upload, post, retransmit, or
scrape data present on the Website. Violation of copyright, trademark, or
other forms of legal protection will result in countered legal action from
the appropriate legal entity representative of the Company.
7. External Content
7.1. The Website may access external APIs not owned by the Company
and/or provide links, resources, or references to other websites (defined
as "External Content") of which the Company and its affiliations have no
control over. The Company strives to access and/or suggest only useful
and beneficial External Content for the User. By using the Service, the
User acknowledges that the Company has no control over said External
7.2. The Company and its affiliations are not held accountable in the
event of malpractice on any of these External Contents. The company and
its affiliations cannot be held accountable for the uptime, availability, or
content present on any External Content.
7.3. The User is therefore strongly advised to examine the Terms of
Service of each External Content. The User is liable for the use, misuse,
or error of services provided either directly by the External Content or
facilitated use of the External Content through the Service provided by
8. Rights and obligations of the parties
8.1. Rights and obligations of the Company:
8.1.1. The Company shall provide to the User round-the-clock access to
the Website and the Services.
8.1.2. The Company shall have the right to check and pre-moderate the
Information disclosed by the User.
8.1.3. The Company shall notify the Users of any changes in the Terms
of Service by publishing the latest version hereof on the Website.
8.1.4. The Company may suspend the operation of the Website and/or the
Service, as well as hardware and software that ensure interaction between
the Parties under this Agreement, in the event of any significant
malfunctions, errors or failures, and for the purpose of preventive
maintenance and prevention of unauthorized access.
8.1.5. The Company reserves the right to enhance due diligence measures
and KYC procedures if it deems such procedures necessary in order to
establish a business relationship with the User. The methods of such due
diligence procedures shall be established at the Company’s own
discretion. The Company reserves the right to stop any negotiations or the
provision of any services if the User shall not pass the KYC and due
8.2. Rights and obligations of the User:
8.2.1. The User agrees to comply with the rules of this Agreement.
8.2.2. The User shall further provide reliable information when using the
8.2.3. The User shall not reproduce, duplicate, copy, sell or resell, or use
any services or parts of the Service for any commercial purposes without
the Company’s written consent.
8.2.4. Users may in some cases obtain access to the service via API by
8.2.5. The User shall obtain access to the Website using his/her
Authorization Data only from one device at a time.
8.2.6. The User shall independently and in a timely manner familiarize
himself(herself) with the Information regarding change in the terms and
conditions of this Agreement posted on the Website.
8.2.7. The User shall have the right to submit claims to the Company and
shall send requests in the manner and in cases as stipulated by this
8.2.8. The User shall have the right to terminate this Agreement at the
relevant web-page at the Company’s website. In case of such termination
the User shall lose all access and use the Company’s website as well as
the Company’ Services without any refund to such User.
9. Liability of the parties
9.1. The Parties shall be liable hereunder for failure to fulfil or
improper fulfilment of the provisions hereof.
9.2. The Company shall not be held responsible or liable for actions
performed by the User on the Website and Service. The User agrees that
the Company shall not to be held accountable for the loss or virtual
currency (profit, loss or otherwise).
9.3. The Company shall moderate the Information placed by the User,
however, it is not responsible for the consequences of non-compliance by
the User with the requirements set forth in paragraphs 9.2.2-9.2.5 hereof.
9.4. The User agrees that the Services provided by the Company may
be protected intellectual property.
9.5. Text content (articles, publications available on the Website) may
be distributed if there is an active link to the Website.
9.6. The Company shall not be liable for any direct or indirect losses of
the User caused by failure to use the Website or some Services of the
Website as a result of the User’s bad internet connection, technical
difficulties or any other reason whatsoever unrelated to the ability of the
Company to perform duties under such agreement. The Company shall
not be liable for any loss suffered by the User in connection with the use
of Company’s Services provided under the present Agreement unless
such loss arises from bad faith, willful default or fraud on the part of the
9.7. The Company shall not be liable for inconsistency of the Service
with the User’s expectations and / or his/her perception; such
inconsistency with expectations and / or negative perceptions shall not
constitute grounds for considering the Services to be of poor or
9.8. The provisions of this Agreement shall not exclude or limit the
Company’s liability for damage to various extents.
9.9. The Company reserves the unilateral right to restrict Website and
Service access of the User.
10. Force-majeure circumstances
10.1. The Parties shall not be held liable for any delays in the
performance or for non-performance of their obligations under the
present Agreement if the delay or non-performance was due to
circumstances or reasons beyond the control of the Parties, such as a war
(including civil war), riots, sabotage, embargo, fires, floods or other acts
of God, explosions, actions or omissions of government authorities,
strikes. All and any of these circumstances shall be regarded as force
majeure circumstances. Within 24 (twenty-four) hours upon receipt of
information about commencement of any force majeure circumstances
which delay or interfere otherwise with the performance of the
Regulations, the Parties shall notify each other in writing.
10.2. The Parties shall not be held liable for any damages, losses, claims
or other expenses that may be incurred as a result of force majeure
10.3. If force majeure circumstances interrupt or make impossible the
performance of obligations of the Parties for a period longer than one
month, either Party may terminate this Agreement serving a prior one
month written notice of termination on the other Party.
10.4. In the event that the Company determines in its reasonable opinion
that a Force Majeure Event exists, the Company shall be entitled without
notice and at any time take one or more of the following steps:
a. suspend or modify application of any or all of these Provisions of the
present Agreement to the extent that the Force Majeure Event makes
it impossible or impractical for the Company to comply with these
b. take any other actions as the Company may consider to be reasonable
under the circumstances in relation to the position of the Company,
the User and the Company’s other Users.
11. Dispute settlement procedure
11.1. All disputes and disagreements that arise or may arise out of this
Agreement at the User’s initiative shall be settled on an out-of-court
11.2. In case of a dispute and/or disagreement that may arise out of this
Agreement the Parties within 10 (ten) working days shall send each other
written complaints at the following addresses:
If the written complaint is addressed to the Company - the legal address
of the Company
If the written complaint is addressed to the User - the email stipulated by
the User in his/her Personal Data and/or User Form.
11.3. If the parties have not been able to resolve the dispute within ten
working days of receipt of the written complaint, the parties shall refer
the dispute to the relevant Seychelles judicial authority.
12. Governing Law
12.1. This Agreement will be construed in accordance with and governed
by the laws of Seychelles.
12.2. For all matters not covered in this Agreement, Parties shall be
governed by the laws of Seychelles.
13.1. By placing personal data and any other data on the Website, the
User confirms that he/she has read, understood and agreed with the
provided to the Company his/her consent to personal data processing in
order to perform this Agreement.
13.2. The purpose of processing the User’s personal data shall be
provision of services to the User, enabling the User to use the Service,
participate in advertising campaigns, target advertising and perform other
actions described in the Agreement.
13.3. The User’s personal data shall be processed in accordance with the
cryptography methods established by the Company.
13.4. The User agrees that the Company shall send information on
advertising campaigns conducted by the Company and / or its partners,
and any other information not prohibited for distribution, to the email
address specified by the User.
14.1. Survival. If any provision or provisions of this Agreement shall be
held to be invalid, illegal, or unenforceable, the validity, legality and
enforceability of the remaining provisions shall remain in full force and
14.2. Eligibility. Any usage or access to the Service by any person that
is under the legal age of the jurisdiction of his or her residence is
The Company’s Services shall not be available to User’s that have been
previously banned from the Company’s Service or the Company’s
14.3. Prohibited Jurisdictions. By accessing and using GODEX’s
services and the Website, you acknowledge and declare that you are not
located in, or do not fall under the jurisdiction of New York State,
Washington State, Cuba, Iran, North Korea, Crimea, Sudan, Syria,
Bolivia, along with any other country subjected to United Nations
Security Council Sanctions List and its equivalent.
The Company’s services shall not be available in any jurisdiction or state
sanctioned by the United States Treasury's Office of Foreign Assets
Control ("OFAC"). The list of countries and details of sanctions of the
OFAC shall be properly checked in a timely manner by the User at the
following link: https://home.treasury.gov/policy-issues/financial-
14.4. Illegal Activities. The Company and its affiliations maintains a
stance of zero tolerance on the use of its Services for any illegal activity.
Discovered abuse from any User results in immediate suspension of
rights to use the Service. Further repercussions include the Company
reporting all available data of the User to the relevant regulatory and/or
statutory authorities. The Company and GODEX reserves the right to
determine whether the activity of a User may be deemed suspicious
activity. In the event of suspicious activity, the Company reserves the
right to submit relevant data of the User to legal and/or statutory
14.5. By using the Service provided on the Website, the User agrees to
a. The User acknowledges that misdirecting, misleading, or falsifying
information regarding GODEX may lead to both access and legal
ramifications for the User, of which include, but are not limited to, the
Company withdrawing the rights of the User to use the Service, the
Company addressing legal council, the Company sending a cease and
desist order to the User, the Company opening a lawsuit against the
b. The User may not utilize technology that obfuscates identity to
facilitate trades for illegal activities. In cases of identity obfuscation,
GODEX may class activities of the User as suspicious activity.
c. The User is prohibited from providing and/or distributing technology
that enables any other User of the Service to violate the Terms of
Service of GODEX.
At its sole discretion, the Company reserves the right to determine
whether the activity of a User may be deemed illicit and/or suspicious.
GODEX reserves the right to retain any Virtual currency that is deemed
suspicious activity. Any Virtual currency retained will be made accessible
only to regulatory/statutory authorities for the purpose of resolving
suspicious activity of the User. Virtual currency retained due to
suspicious activity will be distributed back to the User once a resolution
15.1. All users are solely responsible for compliance with the local tax
laws applicable under their jurisdiction. Buying/Selling might have tax
effects under your local law. If appropriate, we recommend you take legal
advice before buying/selling.