For NON US Users

 

PLEASE READ THESE TERMS OF USE CAREFULLY. YOU AGREE TO BE BOUND BY THESE TERMS OF USE AND ALL TERMS INCORPORATED BY REFERENCE.

RISK DISCLOSURE: BY ACCESSING OR USING ANY SYNTHX SERVICES YOU ARE VOLUNTARILY CHOOSING TO ENGAGE IN SOPHISTICATED AND RISKY FINANCIAL TRANSACTIONS. YOU ARE FURTHER ACKNOWLEDGING THAT YOU ARE AWARE OF THE MANY RISKS ASSOCIATED WITH THE USE OF THESE SERVICES AND WITH ENGAGING IN TRANSACTIONS IN CRYPTOCURRENCIES, INCLUDING BUT NOT LIMITED TO, RISKS OF FINANCIAL LOSS, TECHNOLOGY GLITCHES (INCLUDING BUT NOT LIMITED TO PROBLEMS WITH THE BLOCKCHAIN TECHNOLOGY), AND HACKING. SYNTHX WORKS HARD TO PROVIDE STATE-OF-THE-ART SYSTEMS AND SECURITY. NONETHELESS, CERTAIN ISSUES AND RISKS ARE UNAVOIDABLE, AND IF SUCH ISSUES OR PROBLEMS ARISE IN CONNECTION WITH YOUR USE OF SYNTHX’S SERVICES, INCLUDING TECHNICAL DIFFICULTIES WITH DEPOSITING OR TRADING CRYPTOCURRENCIES, IT MAY TAKE DAYS, WEEKS, OR MONTHS TO RESOLVE, AND SOME ISSUES MAY NOT BE RESOLVED AT ALL. BY AGREEING TO THESE TERMS, YOU ACKNOWLEDGE THAT SYNTHX IS NOT RESPONSIBLE FOR THE AFOREMENTIONED RISKS, AND YOU VOLUNTARILY ASSUME AND ACCEPT SUCH RISKS IN DECIDING TO ENGAGE IN CRYPTOCURRENCY TRANSACTIONS ON THE SYNTHX PLATFORM. 

The regulatory status of cryptocurrencies is currently unsettled, varies among jurisdictions and is subject to significant uncertainty. It is possible that in the future, certain laws, regulations, policies or rules relating to cryptocurrencies, blockchain technology, or blockchain applications may be implemented, which would directly or indirectly affect or restrict the services we provide to you.

These Terms of Service (the “Terms”) govern your access to and use of SynthX mobile app and web-enabled services, as applicable (collectively, the “SynthX Platform”). Certain sections of the Terms govern your SynthX Platform Wallets (your “SynthX Wallet”) accessed via the SythX Platform. All use of the SynthX Platform and your SynthX Wallet is subject to the Terms. 

By applying for SynthX Wallet or using the SynthX Platform, you acknowledge that you have read, understood and agree to comply with the Terms. If you do not agree with anything contained in the Terms, please do not submit information to, access information from, or otherwise utilize the SynthX Platform.

In the Terms, users of the SynthX Platform, including owners, employees, agents and affiliates of any business, corporation, partnership or other entity that is a user, borrower or investor, are sometimes referred to in the Terms as “you” or “your.” The operator of the SynthX Platform, These are the Terms of Use of SynthX Corporation, which is referred to in these Terms as “SYNXC”, “we” or “us”.  SynthX Corporation is incorporated in Bermuda and operate under a Class T DABA Licsense along with virtual currency exchange and virtual currency wallets issued in Estonia. SYNXC and its subsidiaries and affiliates, are referred to as “SynthX,” “we,” “us” or “our” in the Terms. Together, you and we may be collectively referred to as “Parties.”

Changes to the Terms of Service. We reserve the right to make changes to the Terms at any time. It is your responsibility to review the Terms to see if modifications have been made. Your continued use of the SynthX Platform following the effective date of such changes will constitute your acceptance of such changes. If you do not agree to any amended Terms, you must discontinue using the Services. Notwithstanding the above, we will seek your consent to future modifications to the Terms to the extent we are required to do so by law.

Electronic Communication. SynthX may be required to provide certain legal and regulatory disclosures, periodic statements and confirmations, notices, tax forms and other communications (collectively “Communications”) to you in written form. By agreeing to these Terms, you consent to SynthX delivering such Communications to you in electronic form, including e-mail. Consent for electronic delivery applies to every year the Communications are furnished. If you no longer have access to your Wallet to receive the Communications in electronic format, then you may request the Communication in written form. You agree that all terms and conditions, agreements, notices, disclosures and other communications that we provide to you electronically satisfy any legal requirement such communications would satisfy if they were provided in writing. With respect to these Terms, you waive any rights to require an original (non-electronic) signature or delivery or retention of non-electronic records, to the extent such waiver is not prohibited under applicable law.

Privacy Policy. Our Privacy Policy is located at https://syntho.io/privacy-policy/. (“Privacy Policy”). Our Privacy Policy describes how we collect, use, and share your personal information. By using the SynthX Platform, you agree that SynthX may use your personal information as set forth in the Privacy Policy. Our  Privacy Policy is hereby incorporated in the Terms by reference in its entirety.

Registration. The use of the SynthX Platform requires a registration. Some services require additional verification, as applicable. You agree that the registration information you provide is accurate, complete and current. You further agree to promptly update that information to keep it accurate. In addition, you understand that a change in your residence may impact your eligibility to access (and use) SynthX, therefore you agree to timely notify SynthX of any changes to your country of residence.

If you register on behalf of a business entity or other organization, you represent and warrant that you have the authority to provide the information required and to bind the organization to the Terms. You acknowledge and agree that SynthX, in its sole discretion, may suspend or discontinue your, and refuse any and all current and future, access to or use of your SynthX Wallet at any time without notice to you.

Eligibility. You agree that any information that you provide to us is accurate and up to date. To access and use SynthX  you must be at least 18 years of age or older; able to form a binding contract with us; and are acting on your own behalf (and have not been banned, terminated, or otherwise denied access to the SynthX Platform).

Accessing the information, resources, services, products and tools of this SynthX Platform by any other means than we provide is strictly prohibited. You specifically agree not to access or tamper with the SynthX Platform, for any purpose, through any automated, unethical or unconventional means, including accessing or collecting personally identifiable information or SynthX Wallet information. You are solely responsible for all activity that occurs on or under your SynthX Wallet (whether or not expressly authorized by you), and for maintaining the confidentiality of your login details. SynthX shall have no liability to you or any other person for acts or omissions made or committed by your agent, representative or third-party service provider in respect of your SynthX Wallet.

You will not transmit to SynthX or make available on or upload any information to the SynthX Platform that: (i) is commercial or promotional in nature; (ii) is unlawful, harmful, deceptive, or otherwise violates the legal rights or privacy of others; (iii) is capable of giving rise to legal action whether against you or SynthX or any affiliate third party; (iv) infringes any patent, trademark, trade secret, copyright, or other property rights of any party; (v) impersonates any person or entity (including SynthX or its employees and representatives); or (iv) contains viruses, malware or any program, code or technology designed to disrupt, intercept, impair or destroy the functionality of the SynthX Platform or its software, data or network. SynthX reserves the right to edit, restrict or remove any content you provide for any reason at any time. In addition, SynthX does not control any information provided by other users that may be made available on or through the SynthX Platform. Notwithstanding Synthx’s rights under the Terms, Synthx does not undertake, and shall not be obligated, to monitor the submission of any content to, or the publication of any content on, the Synthx Platform at any time. SynthX reserves the right to refuse service, terminate relationships, and cancel orders or transactions in its discretion.

Identity Verification. SynthX collects and verifies your personal and financial information. We also may obtain personal information from third parties in order to verify your identity, or to prevent fraud. Personal information collected from any source may include, among other things, your name and address, Social Security or taxpayer identification number, and date of birth. You certify under penalty of perjury that the information provided is correct. You hereby authorize us, or a third-party service provider that we designate, to take any measures that we consider necessary to confirm the personal information you provide, verify and authenticate your personal information, and take any action we deem necessary based on the results. You acknowledge that this process may result in a delay in registering your Synthx account and that you may not be authorized to access or use your SynthX Wallet until your registration has been successfully completed.

Restricted Jurisdictions. You may not register a SynthX Wallet or use the SynthX  Platform if you are a resident of any jurisdiction in which (i) SynthX is not authorized to provide the Services, (ii) the United States  has embargoed goods or services, (iii) where your use of the Services would be illegal or otherwise violate any applicable law of such jurisdiction or of the United States (“Restricted Jurisdiction”).You hereby represent and warrant that you are not a resident of any Restricted Jurisdiction and that you will not register a SynthX Wallet or use the SynthX  Platform even if our methods to prevent you from registering an account or using the SynthX  Platform are not effective or can be bypassed. You hereby represent and warrant that you have not been identified as a Specially Designated National or placed on any sanctions list by the U.S. Treasury Department’s Office of Foreign Assets Control, the U.S. Commerce Department, or the U.S. Department of State; and you will not use our SynthX  Platform to conduct any illegal or illicit activity.

Investigations. SynthX reserves the right to investigate suspected violations of these Terms, including without limitation any violation arising from any submission, posting or e-mails you make or send to any Forum. SynthX may seek to gather information from a user who is suspected of violating these Terms, and from any other user. SynthX may suspend any user whose conduct or postings are under investigation and may remove such material from its servers as it deems appropriate and without notice. making available any materials that are believed to violate these Terms of Service.

As part of our legal compliance program (“AML Program”), we will monitor your use of the SynthX Platform, and review your personal information on an ongoing basis, as may be required by law or pursuant to our internal policies and procedures. At any time, we may require you to provide us with additional personal information as a condition to your continued access to and use of your SynthX Wallet and the SynthX Platform. During such time, your access to and use of your SynthX Wallet and the SynthX Platform may be temporarily restricted.

SynthX Wallet Security and Password. SynthX offers a two-factor authentication (“2FA”) for SynthX Wallet. 2FA is a security system which requires two separate, distinct forms of identification in order to access your Wallet. We strongly encourage enabling 2FA for your SynthX Wallet. 

SynthX disclaims all liability, and you acknowledge and agree that we will not be liable, for or in connection with any harm or damages to you or to any party resulting from the theft or unauthorized use of your login information. SynthX Platform may be vulnerable to exploitation or compromise by persons engaged in hacking or criminal conduct. Subject to applicable law, SynthX shall have no liability to you for any such exploitation or criminal conduct by third parties. 

You agree to notify us immediately if you become aware of or suspect any potentially fraudulent activity by submitting a support ticket. For avoidance of doubt, you are deemed to be aware of potentially fraudulent activity upon receipt of any notice of the occurrence of such activity. Upon receipt of written such notice from you SynthX will take reasonable steps to protect your SynthX Wallet, including, for example, by temporarily restricting access to your SynthX Wallet, suspending any pending transactions, or requiring you to change your login credentials. You agree to promptly report fraudulent activity to legal authorities if required by applicable law, and to provide us with a copy of any report prepared by such legal authorities. In the event of a legal investigation of fraudulent activity, you agree to (i) cooperate fully with the legal authorities and us in such investigation; (ii) complete any required affidavits promptly, accurately and thoroughly; and (iii) allow SynthX, or any third-party designated by us, access to your mobile device, computer, and network as may be relevant to such investigation. Failure to cooperate in any such investigation may cause delays in regaining access to your SynthX Wallet and any funds held within.

SynthX Platform. SynthX provides software to store, use, and manage cryptocurrencies that SynthX has designated as supported by the Services (“Supported Cryptocurrencies”), using our wallet service, which we call SynthX Wallet. Our Services may evolve over time. This means we may make changes, replace, or discontinue (temporarily or permanently) our Services at any time for any reason with or without notice. In this case, you may be prevented from accessing or using our Services. If, in our sole discretion, we decide to permanently discontinue our Services, we will provide you with notice via our website. 

 

Referral Promotions. SynthX may offer Referral Promotions, such as Affiliate and Ambassador Programs, for some or all of SynthX Platform Services, and for existing and/or new SynthX users and will be governed by the respective Referral Promotion terms and conditions, as determined by SynthX from time to time at its sole discretion.

Refunds; Reversals. Once a transaction has been initiated, it cannot be reversed. 

 

Private Key. When you create an SynthX Wallet, the Services generate and store a cryptographic private and public key pair to secure your wallet. The public key generated by SynthX is stored along with your phone number on the SynthX Service in order to identify you to the network of SynthX users. The private key authenticates and authorizes your wallet to perform transactions.. The private key is stored directly in the SynthX wallet on your phone. SynthXhas no access to your private key.

Wallet Recovery Phrase. You agree that you are solely responsible for your SynthX Wallet Recovery Phrase and shall take the necessary precautions to ensure its safekeeping. The Wallet Recovery Phrase allows you, the sole owner of your SynthX Wallet’s private key, to recover your SynthX Wallet in case your phone becomes unavailable for whatever reason including, but not limited to, loss, theft, device damage or failure, forgotten PIN, or any other circumstance that would prohibit you from accessing the SynthX Wallet. In order to safely keep your Wallet Recovery Phrase, you shall make copies of your Wallet Recovery Phrase and shall securely store all copies. PROPER STORAGE OF YOUR WALLET RECOVERY PHRASE IS VITAL TO PREVENT RISK OF DAMAGE FROM NATURAL DISASTERS OR RISK OF UNAUTHORIZED ACCESS TO YOUR FUNDS. ANY FAILURE TO MAKE AND PROTECT YOUR SynthX WALLET RECOVERY PHRASE WILL LEAD TO TOTAL LOSS OF THE FUNDS ASSOCIATED WITH YOUR SynthX WALLET PRIVATE KEY.

Deposit Address.  Always use the latest deposit address from SynthX Wallet.  Deposit addresses may change due to wallet and other platform upgrades.  If users deposit into legacy deposit addresses, deposits may not be recoverable.  Servicers can submit a support request to recover their deposit. SynthX will charge 0.1 BTC for this recovery.  Recovering coins is an inherently dangerous and time consuming process. It is possible that some tokens may not be recoverable. In the event your tokens are not recoverable, SynthX will return the recovery fee, minus any transaction fees or other expenses.

Using SMS/Text. To use the SynthX Platform, you must provide a valid mobile phone number. This number is used as part of the authentication process. As part of using the SynthX Platform, you agree to receive SMS/text messages from us. Please note that while we do not charge you for SMS/text messages, your mobile carrier’s standard messaging rates will apply. Failure to provide a valid mobile phone number may result in restriction of your use of the SynthX Platform.

Unsupported Digital Assets.  SynthX lists the currently supported digital assets in the SynthX app. SynthX may discontinue offering and supporting  a digital asset (“Unsupported Digital Assets”) at any time and for any reason at our sole discretion. Unsupported Digital Assets may not be transferred to or out of SynthX. We assume no liability or obligation with respect to any and all Unsupported Digital Assets or transfers to Unsupported Networks or Unsupported Wallets. 

Network Control. By using the SynthX Platform, you understand and acknowledge that SynthX is not responsible for the operation of the underlying software and networks that support cryptocurrencies and that SynthX makes no guarantee of functionality, security, or availability of such software and networks.

Forks. The underlying network protocols are subject to sudden changes in operating rules, and third parties may from time to time create a copy of a digital asset network and implement changes in operating rules or other features (“Forks”) that may result in more than one version of a network (each, a “Forked Network”) and more than one version of a digital asset (“Forked Assets”).  You understand and acknowledge that Forked Networks and the available supply of any Forked Assets are wholly outside of the control of SynthX, and you further acknowledge that our ability to deliver Forked Assets resulting from a Forked Network may depend on third parties outside of SynthX’s control. You understand and acknowledge that Forks may materially affect the value, function, and/or even the name of the digital assets associated with your SynthX wallet. In the event of a Fork, you understand and acknowledge that SynthX may temporarily suspend services of the SynthX Wallet (with or without advance notice to you) while we determine, at our sole discretion, which Forked Network(s) to support.

YOU ACKNOWLEDGE AND HEREBY AGREE THAT SynthX MAY DETERMINE, IN OUR SOLE DISCRETION, NOT TO SUPPORT A FORKED NETWORK AND THAT YOU HAVE NO RIGHT, CLAIM, OR OTHER PRIVILEGE TO FORKED ASSETS ON SUCH UNSUPPORTED FORKED NETWORK. YOU HEREBY FURTHER AGREE THAT ABRA MAY, IN OUR SOLE DISCRETION, DETERMINE THE APPROACH TO SUCH FORKED ASSETS, WHICH MAY INCLUDE ABANDONING OR OTHERWISE ELECTING NOT TO SUPPORT SUCH FORKED ASSETS AS PART OF THE SERVICES. YOU UNDERSTAND AND HEREBY ACKNOWLEDGE THAT ABRA IS UNLIKELY TO SUPPORT MOST FORKED NETWORKS AND THAT MOST FORKED ASSETS WILL LIKELY NOT BE MADE AVAILABLE TO YOU.

Fees. SynthXs fees are listed in the SynthX app and website, and are subject to change, at our sole discretion, and you understand and acknowledge that you are solely responsible for accessing the fee schedule prior to engaging in any services on our SynthX Platform.

Regulatory. Your access to and use of the Services is subject to compliance with SynthX’s AML Program. Transactions in digital assets are subject to applicable laws, regulations, and rules of federal and state governmental and regulatory authorities (collectively, “Applicable Laws”). Compliance with Applicable Laws may include compliance with any guidance or direction of any regulatory authority or government agency, any writ of attachment, lien, levy, subpoena, warrant, or other legal order. You understand and acknowledge that in no event will SynthX be obligated to affect any transaction it believes would violate any Applicable Law. You further understand and acknowledge that SynthX is not responsible for any losses, whether direct or indirect, that you may incur as a result of SynthX’s good faith efforts to comply with any Applicable Law, including any law enforcement request or legal order.

SynthX’s Intellectual Property Rights. We retain all right, title, and interest (including all copyright, trademark, patent, trade secrets, and all other intellectual property rights) in our SynthX Platform and all content on our SynthX Platform , including our trademarks, service marks, designs, logos, URLs, and trade names that are displayed on our Platform, which we refer to in these Terms, collectively, as the SynthX Materials. We hereby grant you a limited, nonexclusive, and non-sublicensable license to access and use the SynthX Materials for your personal or internal business use. Such license is subject to these Terms and does not permit any resale of the SynthX Materials; the distribution, public performance or public display of any SynthX Materials; modifying or otherwise making any derivative uses of the SynthX Materials, or any portion thereof; or any use of the SynthX Materials other than for their intended purposes. The license granted under this Section will automatically terminate if we suspend or terminate your access to the SynthX Platform . We will own exclusive rights, including all intellectual property rights, to any feedback, suggestions, ideas or other information or materials regarding SynthX or our Platform that you provide, whether by email, posting through our SynthX Platform or otherwise, which we refer to in these Terms as Feedback. Any Feedback you submit is non-confidential and will become the sole property of SynthX. We will be entitled to the unrestricted use and dissemination of such Feedback for any purpose, commercial or otherwise, without acknowledgment or compensation to you. You may not, and you may not allow others to: (i) decompile, reverse engineer, convert or otherwise extract or disclose the underlying script, code (whether binary, assembly, source, object, HTML or otherwise) or structure of any Materials, or (ii) remove or alter authorship attribution or copyright notices or similar information on the SynthX Platform or any products or materials embodying or containing any Material. Any violation of the provisions of the Terms regarding SynthX’s Intellectual Property may subject you to compensatory and punitive damages, and shall specifically also entitle SynthX to equitable relief (including an injunction), in addition to (and not in substitution or replacement for) any other available remedies at law or in equity, without the need for the posting of a bond or any other requirement.

Trademarks. SynthX and the SynthX logo are our trademarks, registered trademarks or service marks. Any other trademarks mentioned in our website or mobile Wallets are the property of their respective owners.

No Solicitation or Offering; No Advice. Except as otherwise expressly noted, the Materials and the SynthX  Platform do not constitute an offer to buy or sell or a solicitation of an offer to buy or sell investments, loans, securities, partnership interests, commodities or any other financial instruments; the Materials  and the SynthX  Platform also do not constitute, and may not be used for or in connection with, an offer or solicitation by anyone in any state or jurisdiction in which such an offer or solicitation is not authorized or permitted, or to any person to whom it is unlawful to make such offer or solicitation. While SynthX may make certain informational Materials  available to its users, under no circumstances does SynthX provide legal, tax, investment, financial, estate-planning, accounting, or any other advice. Nothing contained in SynthX’s SynthX  Platform constitutes a solicitation, recommendation, endorsement, or offer by SynthX or a third party service provider to buy or sell any asset or other financial instrument. The Materials  and the views expressed in the Materials  do not necessarily reflect the views of SynthX as a whole, its directors, officers, employees, shareholders or any part or member thereof or of any third party. 

Termination. Survival of Provisions. If you are not in full compliance with all of these Terms, the permissions granted to you under these Terms will automatically terminate, and in such circumstances, you will no longer use or access, or be entitled to use or access, the SynthX  Platform, the Materials  or any SynthX Wallet. SynthX may terminate your right to use the SynthX  Platform, or block you from future use, at any time in its sole discretion, with or without cause, and without notice to you. Some circumstances in which SynthX may exercise this right to terminate your right to use the SynthX Platform include, but are not limited to: (i) you have breached any provision of the Terms; (ii) you have engaged in conduct which SynthX, in its sole discretion, considers to be unacceptable; (iii) SynthX is required by law to do so; or (iv) SynthX no longer provides the SYnthX  Platform. The above are only examples of circumstances in which SynthX may terminate your right to use the SYnthX  Platform and SynthX may terminate your right to use the SynthX Platform for any other reason in its sole discretion. We will not be liable to you due to or by reason of our termination of your right to use the SynthX  Platform or the automatic termination of your right to use the SYnthX  Platform for non-compliance set forth above.

Any ongoing obligations on you, and the provisions relating to: (i) SynthX’s Intellectual Property; (ii) No Solicitation or Offering; (iii) SynthX’s Remedies; (iv) Indemnification; (v) Limitation of Liability; (vi) General, and (vii) any other provisions designed to survive, will survive any termination or expiration of the Terms for any reason.

SynthX’s Remedies. Without prejudice to SYnthX’s other rights under the Terms, if you breach the Terms in any way, SynthX may take such action as SYnthX deems appropriate to deal with the breach, including suspending your access to the SynthX  Platform, prohibiting you from accessing the SynthX Platform, blocking computers using your IP address from accessing the SynthX  Platform, and other. If you violate the Terms, SynthX will be entitled, at any time, to bring an action or proceeding for specific performance, injunctive relief or other equitable relief in addition to (and not to the exclusion of or in substitution for) any other remedies at law or in equity.

Fair Practices. You agree not to: (i) make any representations, warranties or guarantees on SynthX’s behalf or with respect to the SynthX  Platform or any content or data contained on the SynthX  Platform; (ii) make any false or misleading representations with regard to SynthX or the SynthX  Platform or any content or data contained on the SynthX  Platform; or (iii) participate or engage in any illegal, deceptive, misleading, fraudulent, unethical or improper practices on, through, by means of or with respect to the SynthX  Platform.

Indemnification. You agree to indemnify and hold SynthX and its affiliates, agents, officers, and employees from and against any suit, action, claim, demand, penalty or loss, including reasonable attorneys’ fees and expenses and any amount paid in settlement to a third party, made by or resulting from any third party (including any government agency or body) due to, in connection with or arising out of (i) your use of the SynthX  Platform, the Materials , or your SynthX Wallet, (ii) any breach or alleged or claimed breach of the Terms or the materials it incorporates by reference, including the Privacy Policy, (iii) your violation of any law, regulation, order or other legal mandate, or the rights of a third party, or (iv) any act or omission by your agent, representative or third-party service provider while using your SynthX Wallet, regardless of whether the specific use was expressly authorized by you.

Disclaimer of Warranties. OUR SERVICES ARE PROVIDED “AS IS” WITH NO WARRANTY OF ANY KIND. Your use of our Services is at your sole risk. We and our licensors, service providers, subcontractors (if any) or exchange partners make no representations or warranties about the suitability of the information, software, products and services contained in our Services for any purpose or their compliance with any accounting rules, principles or laws, and expressly disclaim any representation or warranty that the Services will be free from errors, viruses or other harmful components, that communications to or from the Services will be secure and not intercepted, that the services and other capabilities offered from the Services will be uninterrupted, or that their content will be accurate, complete or timely. EXCEPT AS EXPRESSLY STATED IN THESE TERMS, WE DISCLAIM ALL WARRANTIES AND CONDITIONS, EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WITHOUT LIMITATION THE IMPLIED WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY, AND FITNESS FOR A PARTICULAR PURPOSE. YOU ACKNOWLEDGE THAT YOU HAVE NOT ENTERED INTO THIS AGREEMENT IN RELIANCE UPON ANY WARRANTY OR REPRESENTATION EXCEPT THOSE SPECIFICALLY SET FORTH IN THESE TERMS. Some jurisdictions do not allow the disclaimer of implied terms in contracts with consumers, so some or all of the disclaimers in this section may not apply to you.

Force Majeure. SynthX shall not be liable for delays, failure in performance or interruption of service which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to, any delay or failure due to any act of God, acts of civil or military authorities, acts of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophes or any other occurrences which are beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions.

Limitation of Liability. IN NO EVENT WILL WE, OUR LICENSORS, SERVICE PROVIDERS, SUBCONTRACTORS (IF ANY) OR EXCHANGE PARTNERS BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, LOST PROFITS, LOSS OF USE, LOSS OF DATA OR LOSS OF GOODWILL)  ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OF USE OR THE PERFORMANCE OR OPERATION OF OUR SERVICES, YOUR ACCESS TO, DISPLAY OF, USE OF THE SERVICES, OR WITH DELAY OR INABILITY TO ACCESS, DISPLAY OR USE THE SERVICES, ANY COMPUTER VIRUSES, INFORMATION, SOFTWARE, LINKED SITES, PRODUCTS OR SERVICES OBTAINED THROUGH THE SERVICES, OR THE ACT OR OMISSION OF ANY BUSINESS USING OUR SERVICES OR OTHER THIRD PARTY, WHETHER SUCH LIABILITY ARISES FROM ANY CLAIM BASED UPON BREACH OF CONTRACT, BREACH OF WARRANTY, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY OR OTHERWISE, AND WHETHER OR NOT WE, OUR LICENSORS, SERVICE PROVIDERS OR SUBCONTRACTORS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

In no event will the aggregate liability of SynthX, our licensors, service providers, subcontractors or exchange partners for any loss or damage that arises out of, or is connected with, any of the occurrences described above, exceed the greater of $100 or the service fees that you paid to us for the service we provide through the Services during the month during which the incident occurred. This limitation of liability reflects the allocation of risk between the parties. The limitations specified in this section will survive and apply even if any limited remedy specified in these Terms is found to have failed of its essential purpose. The limitations of liability provided in these Terms inure to the benefit of us, our licensors, service providers, subcontractors and exchange partners. Some jurisdictions do not allow certain warranty disclaimers or limitations on liability. Only disclaimers or limitations that are lawful in the applicable jurisdiction will apply to you and our liability will be limited to the maximum extent permitted by law.

Arbitration and Governing Law. PLEASE READ THE FOLLOWING PARAGRAPH CAREFULLY BECAUSE IT REQUIRES YOU TO ARBITRATE DISPUTES WITH US AND LIMITS THE MANNER IN WHICH YOU CAN SEEK RELIEF.

You and SynthX agree to arbitrate any dispute arising from these Terms or your use of our Services, except for disputes in which either party seeks equitable and other relief for the alleged unlawful use of copyrights, trademarks, trade names, logos, trade secrets, or patents. ARBITRATION PREVENTS YOU FROM SUING IN COURT OR FROM HAVING A JURY TRIAL. You and SynthX agree to notify each other in writing of any dispute within thirty (30) days of when it arises. Notice to SynthX shall be sent to support@synthx.io . You and SYnthX further agree: (a) to attempt informal resolution prior to any demand for arbitration; (b) that any arbitration will occur in London, UK; (c) that arbitration will be conducted confidentially by a single arbitrator in accordance with UK laws and regulations; and (d) that the courts in London, UK have exclusive jurisdiction over any appeals of an arbitration award and over any suit between the parties not subject to arbitration. Other than class procedures and remedies discussed below, the arbitrator has the authority to grant any remedy that would otherwise be available in court. Any dispute between the parties will be governed by these Terms and the laws of UK, without giving effect to any conflict of laws principles that may provide for the application of the law of another jurisdiction. WHETHER THE DISPUTE IS HEARD IN ARBITRATION OR IN COURT, YOU AND SYnthX WILL NOT COMMENCE AGAINST THE OTHER A CLASS ACTION, CLASS ARBITRATION OR REPRESENTATIVE ACTION OR PROCEEDING.

WAIVER OF JURY TRIAL. CLASS ACTION WAIVER. EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT THEY MAY HAVE TO A JURY TRIAL IN RESPECT OF ANY LEGAL ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THESE TERMS OF SERVICE OR THE SynthX PLATFORM AND ANY COUNTERCLAIM THEREIN. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT SUCH PARTY HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER AND MAKES THIS WAIVER VOLUNTARILY. EACH PARTY HEREBY AGREES THAT THERE WILL BE NO RIGHT OR AUTHORITY FOR ANY DISPUTE TO BE BROUGHT, HEARD, OR ARBITRATED AS A CLASS ACTION (INCLUDING WITHOUT LIMITATION OPT OUT CLASS ACTIONS OR OPT IN COLLECTIVE CLASS ACTIONS), OR IN A REPRESENTATIVE OR PRIVATE ATTORNEY GENERAL CAPACITY ON BEHALF OF A CLASS OF PERSONS OR THE GENERAL PUBLIC. ALL DISPUTES SHALL BE RESOLVED ON AN INDIVIDUAL BASIS ONLY.

Unclaimed Property. Under applicable law, after a specified period of inactivity by you with respect to your SynthX Wallet, SynthX may be required to report and/or remit any assets it is holding in custody for you in accordance with unclaimed property laws.

No Waiver. Our failure to exercise or enforce any right or provision of these Terms will not constitute a waiver of that right or provision.

General. All rights in the SynthX  Platform not otherwise expressly granted to you by the Terms are reserved to SynthX. The Terms, together with the Privacy Policy, constitute the sole and entire agreement between you and us with respect to the subject matter hereof and supersedes all other prior or contemporaneous negotiations, discussions, agreements, understandings, representations and warranties, both written and oral, between you and us with respect to such subject matter. You agree that no joint venture, partnership, employment, or agency relationship exists between you and SynthX as a result of the Terms or any use of the SYnthX  Platform. The failure of SynthX to exercise or enforce any right or provision of the Terms shall not constitute a waiver of such right or provision. If any provision of the Terms is found by a court of competent jurisdiction to be invalid, void, unlawful or unenforceable, the Parties agree that the court should give effect to the Parties’ intentions as reflected in such provision, and the other provisions of the Terms shall remain in full force and effect. The section titles in the Terms are for convenience only and have no legal or contractual effect. Neither the course of conduct between you and SynthX, nor trade practice, shall act to modify any provision of the Terms. For purposes of the Terms, the terms include, includes, including, such as and for example, shall be construed as if each term were followed by the words, without limitation. Except where context requires otherwise, use of the singular form of any noun includes the plural, and use of the plural includes the singular.

Severability. If for any reason a court of competent jurisdiction finds any provision of these Terms invalid or unenforceable, that provision will be enforced to the maximum extent permissible and the other provisions of these Terms will remain in full force and effect.

SynthX and our third party partners may experience cyber-attacks, extreme market conditions, or other operational or technical difficulties which could result in the immediate halt of deposits and withdrawals of cryptocurrency either temporarily or permanently. SynthX is not and will not be responsible or liable for any loss or damage of any sort incurred by you as a result of such cyber-attacks, operational or technical difficulties, or suspensions of deposits or withdrawals.

Taxes. You will be able to see a record of the transactions related to your SynthX Account which you may wish to use for the purposes of making any required tax filings or payments. It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and to collect, report, and remit the correct tax to the appropriate tax authority. We will make any tax withholdings or filings that we are required by law to make, but we are not responsible for determining whether taxes apply to your transaction, or for collecting, reporting, or remitting any taxes arising from any transaction. You are responsible for complying with applicable law. You agree that SynthX is not responsible for determining whether or which laws may apply to your transactions, including tax law. You are solely responsible for reporting and paying any taxes arising from your SYnthX Account.

Risk Disclosure. Your SynthX Account is not a checking or savings account, and it is not covered by insurance against losses. SynthX will  not lend, sell, pledge, rehypothecate, assign, invest, use, commingle or otherwise dispose of funds and cryptocurrency assets to counterparties. In certain jurisdictions, cryptocurrency is not legal tender and is not backed by the government. Wallets and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. Some cryptocurrency transactions shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that the customer initiates the transaction. The value of cryptocurrency may be derived from the continued willingness of market participants to exchange government-issued currency for cryptocurrency, which may result in the potential for permanent and total loss of value of a particular cryptocurrency should the market for that cryptocurrency disappear. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future. The volatility and unpredictability of the price of cryptocurrency relative to government-issued currency may result in significant loss over a short period of time. The nature of cryptocurrency may lead to an increased risk of fraud or cyber-attack, including rollback attacks or blockchain reorganizations. The nature of cryptocurrency means that any technological difficulties experienced by Abra may prevent the access or use of a customer’s cryptocurrency.  In light of these risks, you should carefully consider whether holding cryptocurrency in an SynthX Wallet is suitable.

Ownership of Cryptocurrency. You hereby represent and warrant to us at all times during which you hold cryptocurrency in your SynthX Account that any cryptocurrency used by you in connection with your SynthX Account is owned by you or that you are validly authorized to carry out transactions using such cryptocurrency and that all transactions initiated with your SynthX Account are for your own Wallet and not on behalf of any other person or entity.

We reserve the right at all times to monitor, review, retain and/or disclose any information as necessary to satisfy any applicable law, regulation, legal process or governmental request.

Our Relationship with You. These Terms and the deposit relationship do not create a fiduciary relationship between us.

Authorized Servicers. We may follow instructions regarding your SynthX Account if we reasonably believe that you have authorized the instructions.

Statements. We will make statements for your SynthX Wallet available to you via SynthX transaction history in the SynthX Wallet.  All of your Wallets and (in our discretion) those of any of your affiliates may be combined into one statement.

Review of Wallet Transactions. We will make available to you a transaction history showing the activity on your Wallet and containing information sufficient to allow you to reasonably identify transactions. You must examine these transactions and notify us of any unauthorized use or any error or irregularity on the Wallet within 60 calendar days after each transaction is made.  If notice is not received within the 60-calendar day period, then we will have no liability to you and the loss will be entirely yours for the transaction.

Notice of Withdrawal; Limits on Withdrawals. We initiate the withdrawal process as quickly as possible but may require up to seven (7) business days to process withdrawals from your SynthX  Account. Withdrawal limits based on frequency may apply from time-to-time and will be described in Abra’s FAQ.

Transfer of  SynthX Accounts.  SynthX Accounts are not transferable or assignable in whole or in part.

Abandoned/Unclaimed Wallets. SynthX is required by law to turn over the funds in abandoned or unclaimed customer  SynthX Account to the state of your last known residence.

Business Day. For purposes of these Terms, our business days are Monday through Friday. Saturdays, Sundays and all federal holidays/bank holidays are not included.

Indemnification and Limitation of Liability; Attorney’s Fees and Costs for Lawsuits. You agree to indemnify and hold us and our affiliates harmless from any losses, damages, suits and expenses, of whatever kind, including reasonable attorneys’ fees, which we may incur in connection with or arising out of your use of your SynthX Account or our activities in connection with such Wallet, your violation of any law, regulation, order or other legal mandates, or the rights of a third party, or any act or omission by your agent, representative or third-party service provider while using your SynthX Account, regardless of whether the specific use was expressly authorized by you. You agree to comply with applicable law and to not use your Wallet for unlawful internet gambling transactions or any other transaction or activity that is illegal or violates applicable regulations or rules of any applicable self-regulatory organization. Please note, your agreement to comply includes United States federal and state economic sanctions laws and regulations, including those issued by the Office of Foreign Assets Control of the U.S. Department of the Treasury and Executive Orders issued by the President of the United States.

We are not liable to you for claims, costs, losses or damages caused by an event that is beyond our reasonable control (e.g., the acts or omissions of third parties, natural disaster, emergency conditions, government action, equipment or communications malfunction). We are not liable for special, incidental, exemplary, punitive or consequential losses or damages of any kind. Except for any setoff permitted by applicable law and Section Setoff and Security Interest Rights below, any amounts owed or liabilities incurred by us (“Obligations”) may be satisfied solely from the assets of SynthX Corporation. Without limiting the generality of the foregoing, in no event shall you have any recourse, whether by setoff or otherwise, with respect to any amounts owed or liabilities incurred, to or against any assets of any person or entity other than SynthX Corporartionfor Obligations, including, without limitation, any member, affiliate, investor, employee, officer, agent or advisor of SynthX Corporation For the avoidance of doubt, the foregoing shall not limit any setoff permitted by applicable law and Section Setoff and Security Interest Rights below.

We reserve the right to limit access to your Wallets, which can include temporarily or permanently removing your SynthX access, restricting your Wallet, and/or closing your Wallets without prior notice to you unless prior notice is required by law. We do not bear liability for such actions. In addition, SynthX reserves the right to withhold or delay the withdrawal of funds or assets belonging to you if you fail to comply with these Terms.

Our liability to you for a claim is limited to the face value of the item or transaction or the actual value of any funds not properly credited or debited.

Conflict/Disputes Involving Your SynthX Account. We are not liable to you for errors that do not result in a financial loss to you. We may take any action authorized or permitted by these Terms without being liable to you, even if such action causes you to incur fees, expenses or damages.

If third parties make claims on your  SynthX Account, or if we receive conflicting instructions from authorized signers, or if we become involved in or concerned about a dispute between you and an authorized signer, we have the discretion to react in ways we believe to be appropriate, including by closing your Wallet and returning the cryptocurrency deposited. You are liable for all expenses and fees we incur for such conflicts or disputes, including internal costs and attorneys’ fees, and we may charge them to your  SynthX Account.

Fraudulent activity, including any attempt to withdraw funds that you do not own, did not deposit, or did not purchase, is strictly prohibited and may result in the closure of your SynthX Wallet. Fraudulent activity includes any attempt to take advantage of errors on the SynthX UI. Any errors identified should be flagged to support@synthx.io.

Legal Process Affecting Wallets. If legal action such as an attachment, garnishment, levy, or other state or federal legal process (“legal process”) is brought against your Wallet, we may refuse to permit (or may limit) withdrawals or transfers from your Wallet until the legal process is satisfied or dismissed. Regardless of the terms of such attachment, garnishment, levy, or other state or federal process, we have the first claim to any and all funds in your Wallet. We will not contest on your behalf any such legal process and may take action to comply with such legal process as we determine to be appropriate in the circumstances without liability to you. If we incur any expenses, including without limitation, reasonable attorney fees, in connection with any such legal process, we may charge any expenses and fees to your Wallet or any other Wallet you may have with us without prior notice to you, or we may bill you directly for such expenses and fees. Any garnishment or other levy against your Wallet is subject to our right of setoff and security interest.

Setoff and Security Interest Rights. You grant us a security interest in any and all of your Wallets with us for obligations owing to us or any of our affiliates by any owner of any of your Wallets. These obligations include both secured and unsecured debts and debts you owe individually or together with someone else, including debts and obligations under other transactions or agreements between you and us or any of our affiliates. We may take or set off funds in any or all of your Wallets, or transfer funds between any of all of your Wallets, with us or any of our affiliates for direct, indirect and acquired obligations that you owe us or our affiliates, including any balances as a result of not having sufficient funds available or as a result of an erroneous transfer of funds to an address under your control, regardless of the source of funds in an Wallet. These rights are in addition to other rights we have to take, transfer or charge funds in your Wallet for obligations you owe us or our affiliates. We may consider these Terms as your consent to SynthX’s asserting its security interest or exercising its right of setoff should any laws governing your Wallet require your consent. If the law restricts our ability to take, transfer or setoff funds in your Wallet, or if some deposits are protected from attachment, levy or legal process, to the extent that you may do so by contract, you waive those conditions and limits and authorize us to apply funds in any or all of your Wallets with us to obligations you owe us. Exercising these rights may result in early withdrawal penalties.

We hereby agree that, to the extent permitted by applicable law, you may take or set off funds in your Wallet, or any amounts we owe you with respect thereto, against the Obligations. If the law restricts your ability to take, transfer or setoff funds in your Wallet, or if some deposits are protected from attachment, levy or legal process, to the extent that we may do so by contract, we waive those conditions and limits and authorize you to apply funds in any or all of your Wallets with us to the Obligations.

Change of Address. You must promptly notify us of any change in your email address. Failure to notify us may result in delay or non-receipt of SynthX correspondence.

Recording and Monitoring Telephone Calls and Electronic Communications. We will record and monitor our telephone conversations with you and your electronic communications with us (chat, e-mail, and other forms of electronic exchange). Unless the law requires otherwise, you consent in advance to such recording and monitoring and we do not need to remind you of these activities.

Waiver. We may delay or waive any rights we have under these Terms. If we delay or waive our rights, you are still obligated to pay us fees and other amounts you may owe us under these Terms. Any delay or waiver of our rights applies only to the specific instance in which we decide to delay or waive the provision and does not affect our future rights in any way.

Closing an SYnthX Account. We have the right to close your SynthX Account at any time for any reason without advance notice.  If your  SYnthX Account has a balance when we close it, you will need to withdraw all balance within a withdrawal period specified by SynthX less any applicable penalty, unless prohibited by applicable law.  Any balance after the withdrawal period will be considered as unclaimed / abandoned by SynthX.

Assignment; Entire Agreement. SynthX may assign these Terms to its affiliate or subsidiary, or in connection with a merger, consolidation, or sale or other disposition of all or substantially all of its assets. These Terms, together with any other agreements that apply to you, constitute the entire and exclusive agreement between us and you regarding its subject matter, and supersede and replace any previous or contemporaneous written or oral contract, warranty, representation or understanding regarding its subject matter.

Contact Us: contact@trade-synthx.com