Godex.io Terms of Use

Updated October 23, 2020
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GODEX
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 "Website").

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 see fit.

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 Service or Privacy Policy found on the Website. 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 Website.

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 the Website.

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 residency.

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 accessed.

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 circumstances.

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 Content.

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 the Company.

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 diligence procedures.

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 Website.

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 connecting automatically.

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 Agreement.

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 Company.

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 insufficient quality.

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 circumstances.

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 clauses;

or

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 basis.

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. Privacy
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 Privacy Policy of godex.io available on the Website, and that he/she has 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 Company’s Privacy Policy and shall be duly encrypted using 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. Miscellaneous
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 effect.

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 prohibited. 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 Website.

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- sanctions/sanctions-programs-and-country-information.

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 authoritative parties.

14.5. By using the Service provided on the Website, the User agrees to the following:

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 User.

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 is found.

15. Taxes
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.