Acceptance of Terms

It is important that you carefully read the entire Terms of Service before you use this website ("Site") or any of its services. The use of this website and subsequent registration for the use of our Services constitutes your acceptance of and Agreement with the terms and conditions of use and amendments as stated below ("Terms of Use"). This document is a legally binding agreement between you as the user(s) of the Sites (referred to as "you", "your" "yourself" or "User" hereinafter) and Valor Exchange (Collectively, "Valor Exchange", “ValorExchange” "we" or "us" “our”). As used herein, "Valor Exchange" refers to the Company, including without limitation thereby, its owners, directors, investors, employees or other related parties. Depending upon context," may also refer to the services, products, website, content or other materials (collectively, "Materials") provided by Valor Exchange".

The Services provided by Valor Exchange include offering a marketplace where buyers and sellers of "Digital Currency "(include Bitcoin, Ethereum, Tether and other cryptocurrencies supported by Valor Exchange) buy and sell "Digital Currency" negotiate prices ("Make an offer or Make a bid or as stipulated in this Agreement), and agree on payment method in a legal manner, "Digital wallet" that enables you to send, store, transfer and receive digital currency to other users of within or outside the Valor Exchange website as described in this Agreement.

This Agreement is legally binding and serves to govern your use of this website. Before registering for an account, you should carefully read all of its terms since they affect your legal rights and obligations. By opening an account to use the Service ("Account"), you agree that you have carefully and thoroughly read, understand, and accept all of the terms and conditions contained in this Agreement. If you do not agree with any of the terms contained herein, kindly refrain from using this Service.

Generally

  1. This document and such other rules and policies of this website and Services are collectively referred to below as the "Terms". By accessing and use of this website and services, you agree to accept and be bound by the Terms. Please do not access or use the services or the Sites if you do not accept all of the Terms.
  2. We may amend these Terms at any time by posting the relevant amended and restated Terms on the website at any time in our sole and absolute discretion without any prior notice. Any such changes will take effect immediately. If you do not agree with the revised Agreement, you should immediately terminate your use of the Services and close your account. By continuing to access or use the Services or the Site, you agree that the amended and restated Terms will apply to you.

Registration and Onboarding

  1. User must be registered on the website to access or use it services. Valor Exchange.com may cancel or terminate a User's account if Valor Exchange.com has reasons to suspect that the user has concurrently registered or is in control of two or more accounts (except in the case of legal entities). Moreso, Valor Exchange.com may reject the user's application for registration for any reason in our sole and absolute discretion.
  2. Every user account has a unique Email address, password, username, and Phone number. Each User shall be solely responsible for maintaining the confidentiality and security of your Email and password and other information required to access the website, and for all use of and activities that occur under your account (whether such use or activities are authorized or not). It is prohibited to share, assign, or permit the use of your user account, ID or password by another person, even to other individuals within the user's own business entity (where applicable). Your account must not contain misleading or fraudulent information. Creating false information for your account, falsifying your country of origin or providing fraudulent identification documents is strictly prohibited. You should notify Valor Exchange immediately if you become aware of any unauthorized use of your password or your account or any other breach of security of your account.
  3. User agrees that all use of the website and Services, and all activities that occur under your account (including without limitation, posting and cancelling adverts, buying, selling, negotiating rates, Accepting offers, clicking to accept any Additional Agreements or rules, agreeing to or making any payment for any services, sending messages using the chat) will be deemed to have been authorized by the User.
  4. User acknowledges that sharing of your account with other persons, or allowing multiple users outside of your business entity to use your account (collectively, "multiple use"), may cause irreparable harm to ValorExchange.com or other Users of the Sites. User shall indemnify ValorExchange.com, our affiliates, directors, employees, agents and representatives against any loss or damages (including but not limited to loss of profits) suffered as a result of the multiple use of your account. User also agrees that in case of the multiple use of your account or User's failure to maintain the security of your account, ValorExchange.com shall not be liable for any loss or damages arising from such a breach and shall have the right to suspend or terminate User's account without liability to the User.
  5. Upon becoming a user, you consent to the inclusion of the contact information about you in our database and authorize ValorExchange.com and our affiliates to share the contact information with other Users or otherwise use your personal information in accordance with the Privacy Policy.
  6. You acknowledges and agrees that you are solely responsible for observing applicable laws and regulations in its respective jurisdictions to ensure that all access and use of the Site and Services are in compliance with the same.You hereby acknowledged that you have reviewed your local laws and regulations and that you are aware of and satisfy any and all such obligations.We do not offer our Services in certain jurisdictions due to legal or regulatory restrictions. By accepting the terms in this Agreement, you confirm that you are not a resident or governed by the laws and regulations of those jurisdictions.
  7. Each User further represents, warrants and agrees that you shall/are:
    1. carry on your activities on the Sites in compliance with any applicable laws and regulations;
    2. conduct your business transactions with other users of the Sites in good faith;
    3. carry on your activities in accordance with the Terms and any applicable Additional Agreements;
    4. not use the Services or Sites to defraud any person or entity (including without limitation sale of stolen digital currencies, transfer of stolen funds);
    5. not impersonate any person or entity, misrepresent yourself or your affiliation with any person or entity;
    6. not engage in spamming or phishing;
    7. not engage in any other unlawful activities (including without limitation those which would constitute a criminal offence, give rise to civil liability, etc) or encourage or abet any unlawful activities;
    8. not involve attempts to copy, reproduce, exploit or expropriate Valor Exchange.com's various intellectual properties, databases and listings;
    9. not involve any computer viruses or other destructive devices and codes that have the effect of damaging, interfering with, intercepting or expropriating any software or hardware system, data or personal information;
    10. not involve any scheme to undermine the integrity of the data, systems or networks used by Valor Exchange.com and/or any user of the Sites or gain unauthorized access to such data, systems or networks;
    11. not engage in any activities that would otherwise create any liability for Valor Exchange.com or our affiliates.

If, at any time, you fail to meet any of the above requirements, you should stop using the Services immediately. If Valor Exchange.com reasonably believes that any of your conduct violates or threatens to violate any applicable laws and regulations, Valor Exchange.com may, at its sole discretion, at any time take action as it may deem appropriate in light of the circumstances, including, but not limited to, terminating the provision of Services to you, closing relevant purchase orders, and terminating your accounts, while reserving all rights it may have regarding any non-compliant actions or conduct of its users.

Identity Verification

  1. You agree to provide us with the information we request (which we may request at any time deemed necessary) for the purposes of identity verification and the detection of money laundering, terrorist financing, fraud, or any other financial crime, including as set out in permit us to keep a record of such information.The information we request may include certain personal information, including, but not limited to, your legal name, residential address, registered telephone number, e-mail address, date of birth, and a government identification number and any such information that Valor Exchange is required to collect from time to time under applicable law. These procedures can be modified as a result of your activities on Valor Exchange.
  2. You confirm that all information you provide to us is true, accurate, and not misleading in any way and permit us to keep a record of such information. In the event that any of the information you provide changes, you agree to promptly notify us. Any user who violates these rules may be terminated, and thereafter held liable for losses incurred by Valor Exchange or any user of the Site.
  3. By accepting this agreement, you authorize us to make inquiries, directly or through third parties, which we consider necessary to verify your identity or protect you and/or us against fraud or other financial crime, and to take whatever action we deem necessary based on the results of these inquiries.
  4. Any delay by Valor Exchange in enforcing or partially enforcing any term of the Agreement shall not be construed as a waiver of our rights or remedies.

Verification Procedures and Limits

As part of our efforts to protect Valor Exchange and the community from fraudulent users, and to keep appropriate records of our users, Valor Exchange uses multi-tier systems and procedures to collect and verify information about you.

Your access to Valor Exchange Services, and any limitations imposed on your use of Valor Exchange Services, as well as any changes to such limitations you make from time to time, may be determined by the including but not limited to buying and selling limits, withdrawal and trading limits, instant buy limits, Digital Currency Wallet transfer limits, and limits on transactions from a payment method, identifying information and/or proof of identity you provide to Valor Exchange.

Risk Warning

  1. It is important for you to understand the risks involved with buying, selling, and trading digital currencies before using the Platform.
  2. The digital currency markets are volatile and prices can fluctuate significantly, which can cause sudden changes in the value of your assets.
  3. Before you buy, sell, or trade digital currency, carefully assess your financial situation and risk tolerance.

In no event does any information on the Valor Exchange, or provided by an employee, agent or affiliate of Valor Exchange, represent or constitute a financial, investment or other professional advice.

ou accept and agree that you are solely responsible for any decision to buy, sell, trade or otherwise hold or deal with digital currency

Valor Exchange Wallet

  1. Creating a Valor Exchange digital currency wallet is free. Valor exchange wallet allows you to send, receive. Your Valor Exchange Wallet allows you to send, receive and store digital currency. You control the Digital Currencies held in your Digital Currency Wallet. At any time, subject to outages, downtime, and other applicable policies, you may withdraw your Digital Currency by sending it to a different blockchain address controlled by you or a third party.
  2. Supported Digital Currencies: You agree to use Valor Exchange wallet only in relation to the digital currencies supported by Valor Exchange at its sole discretion. Supported digital currencies are subject to change, and you should never attempt to use Valor Exchange Wallet to conduct a transaction with a digital currency other than one that is supported.
  3. You represent and warrant that any information you provide via the Services is accurate and complete. We will process Digital Currency Transactions in accordance with the instructions we receive from you. We encourage you to carefully review your transaction details before completing them to avoid a mistyping of Wallet addresses or providing incorrect information to us.
  4. You accept and acknowledge that Valor Exchange is not responsible for any errors or omissions that you make in connection with any transaction initiated via the Services and you agree that you will have no access, entitlement, refunds or claim, We do not guarantee the identity of users, receivers, requestees or other third parties, nor guarantee that the information you provide will be accurate and complete.
  5. Upon submitting your transaction details to the digital currency network (including but not limited to sending, receiving and transferring of Digital currencies) via the Services, you agree that Valor Exchange cannot assist you in canceling or modifying your wallet transactions.
  6. Valor Exchange reserves the right to refuse any transaction if required by law or if we deem the transaction to violate our terms in this Agreement. You acknowledge and accept responsibility for all activities occurring under your Wallet and any risks associated with authorized or unauthorized access to your Wallet, to the fullest extent permitted by law.

Valor Exchange Peer-to-Peer (“P2P”) Marketplace

Valor Exchange peer-to-peer marketplace services allow users to negotiate offers and prices to buy or sell Digital curriencies for any other supported payment methods. Only registered users may buy or sell on Valor Exchange. Valor Exchange will act as an escrow between the buyer and seller during the course of the transaction. In connection with the transaction, buyer does not pay seller a fee for Valor Exchange escrow.

Through the website and services, sellers may be notified of buyers that may be seeking to buy digital currencies and their offers, and buyers may be notified of sellers that accept their offers. However, Users are responsible for evaluating and determining the suitability of any transaction on their own. If buyers and sellers decide to enter into a trade agreement, the trade agreement is directly between the buyer and seller and Valor Exchange is not a party to that trade term

  1. You acknowledge, agree, and understand that Valor Exchange is not a party to the relationship or any dealings between Buyer and Seller.
  2. Without limitation, Users are solely responsible for: (a) ensuring the accuracy and legality of any User payment method (b) determining the suitability to trade with other Users (c) negotiating, agreeing to, and accepting a price offer and quantity digital currencies transacted.
  3. You acknowledge, agree, and understand that Valor Exchange does not, in any way, supervise, direct, control, or confirm the payment from the buyer to a seller.
  4. While Valor Exchange may provide certain badges and verification levels on Sellers or Buyer, such badges are not a guarantee or warranty of quality or ability or willingness of the buyer or seller to complete a transaction and is not a guarantee of any kind, including, the Speed and validity of a transaction.
  5. Users undertake to comply with Valor Exchange Trading rules, which are a set of rules and guidelines, applicable to the Valor Exchange community and marketplace in addition to these Terms of Service, as updated from time to time.

Seller

  1. Seller creates advert to allow buyers to purchase digital currencies and assume full responsibility for the price, quantity, payment method and cancellation of such advert.
  2. When you are selling digital currencies, it is your responsibility to check that you have received payment for the full amount, that the payment is not made by a third party to your payment account without that party’s authorization, and that it was made according to your instructions (if any) given to the buyer and that the payment is made to you or your associated payment method and not to a third party.
  3. After you have released a digital currency from Valor Exchange escrow to the buyer it is not possible to cancel, reverse, dispute or otherwise recover or return the digital currencies to you.Valor Exchange will not reimburse a seller for any loss due to unverifiable payment method provided by the seller, fraud or otherwise.
  4. At any point after the acceptance of negotiation between the buyer and seller, the seller cannot cancel the transaction at any point including but not limited to reconciliation process. The seller only has the option to release digital currency to the buyer after confirmation of payment or initiate a reconciliation process to reconcile the transaction. This is for the security of the Buyer and safety of digital currencies. However, When a buyer refuses to pay for a digital currency transaction initiated on Valor Exchange within the stipulated payment window (“Payment duration”) the transaction will automatically cancel and the digital currencies will be return to the seller immediately.
  5. As a Seller you accept all risks and liabilities for any violation of this Agreement incurred through the sale of Digital Assets including but not limited to the verification of payment you receive from buyers. All taxes to be paid are your responsibility.

Buyer

  1. Buyer makes offer of the price and quantity of digital currency to buy within the offer range of the seller and can also opt to “Buy Now” without negotiating the seller’s offer.
  2. When you are buying digital currencies from a seller, it is mandatory that you pay for the full amount agreed between you and the seller prior to payment, and that the payment is not from a third party to the seller without that party’s authorization and the seller approval, and that it was made according to the seller’s instructions given to the buyer. Valor Exchange will not reimburse a buyer for any loss due to unverifiable payment method of the buyer, fraud or transactions that occur outside the website or otherwise.
  3. When a buyer refuses to pay for a digital currency transaction initiated on Valor Exchange within the stipulated payment window (“Payment duration”) the transaction will automatically cancel and the digital currencies will be return to the seller immediately.
  4. Valor Exchange will not release digital currencies to the buyer without instructions from the seller. However, if the seller does not release Digital currencies to you upon fulfillment of payment as agreed between you and the seller, you should initiate a reconciliation process for the transaction. Valor Exchange support team will review and reconcile the dispute between the buyer and the seller.
  5. NOTE: You may not offer to make payment to a seller through a different means other that the payment method agreed and stipulated in the trade. In case you have been asked continue the transaction or make payment outside agreed payment method, or trade outside Valor Exchange website, please report it immediately to Customer Support.
  6. As a Buyer you accept all risks and liabilities for any violation of this Agreement incurred through the Purchase of Digital Assets including but not limited to the use of any payment method. All taxes to be paid in the purchase of digital currencies are your sole responsibility.

Payment Methods

Payment methods are determined and agreed by the buyers and Sellers in Valor Exchange marketplace and are liable for using such payment method in a legal manner. The seller of Digital currency is responsible for the payment method to use to sell Digital currencies and acceptable to the buyer.

Valor Exchange do not act as a payment gateway between buyer and seller therefore both parties choses and agree on their payment method. Valor Exchange is not in any way affiliated or any payment methods

Offer, Minimum, Maximum (“Buy Now”) Rates

Each purchase or sale of Digital Currency is also subject to the Minimum rates, Maximum rates as determined by the seller and the offer rates as negotiated by the buyer. The final price of purchase or sale of digital currency is subject to the agreed rate by the buyer and seller. The "Buy Now" price means the price that the seller will sell his cryptocurrency without any negotiation.

Authorisations; reversals; Cancellations

You accept and agree that any purchases or sales of Digital Currency made on Valor Exchange website are subject to cancellation or reversal at its discretion, even after the funds have been deducted from the buyer and credited to the seller, if Valor Exchange suspects the transaction involves or has a high risk of money laudering, terrorism financing, fraud, or any other time of financial crime; in compliance to a court order, suppoena or government order; if Valor Exchange suspects that the transaction is erroneous; or if Valor Exchange suspects the transaction relates to Prohibited Use as set forth below. In such instances, Valor Exchange will reverse the transaction and you agree and accept that Valor Exchange will not reinstate a purchase or sale order at the same price or on the same terms as the cancelled transaction

Reconciliation of Dispute

  1. When a buyer and a seller are in disagreement over a trade, either party can start a dispute ("disputed trade" or "dispute") to initiate a mediation process on the Digital currencies held in escrow. Disputed trades are reviewed and reconciled by Valor Exchange support team. Transactions that are not marked as fully paid by the Buyer, cancelled by the Buyer, automatically cancelled due to expiration of the time frame set forth in the offer, already disputed and resolved or where the Seller has released the Digital Assets to the Buyer generally cannot be disputed, reversed, or altered.
  2. Disputes can only be started on trades that are open and marked as paid by the buyer but not yet released by the seller. If a transaction has not been marked as fully paid, cancelled by the Buyer, or automatically cancelled due to a time limit expiration, already disputed and resolved, or the Seller has released Digital currency to the Buyer, generally cannot be disputed, reversed, or altered.Valor Exchange support has the right to re-open trades when the payment has been made but the trade has been cancelled.Valor Exchange is not liable for any loss resulting from the transaction.
  3. Valor Exchange is not liable for the actions of any party during or after a trade. Therefore, although Valor Exchange helps in resolving disputes, you assume the risk that any party with whom you trade fails to perform in accordance with your agreement with the counter party.
  4. During the reconciliation process, you may be required to provide additional evidence, such as proof of payment, additional KYC (Know Your Customer) verification or any other documents deemed relevant by Valor Exchange within a specified time frame. In the event that you do not follow the instructions, the dispute may be resolved against you.

Dispute Reconciliation Criteria

Valor Exchange can resolve a disputed trade in the favor of the buyer when one of the following criteria are met:

  1. The buyer has made the payment according to the instructions provided by the seller in the advertisement, or advertisement payment details and the buyer has provided sufficient proof that the payment was made according to these instructions.
  2. The seller has become unresponsive.
  3. The seller can not provide sufficient proof within the time frame requested by Valor Exchange.
  4. The payment is made to a third party to the transaction or the payment is made to a payment account not registered in the name of the Seller.

Valor Exchange can resolve a disputed trade in the favor of the seller when one of the following criteria are met:

  1. The buyer has not provided payment or not provided payment in full amount agreed prior to the transaction.
  2. The payment made by the buyer has been held or frozen or stopped or returned by the payment provider including but not limited to chargebacks and disputed payments.
  3. The buyer has not provided the payment according to the instructions provided to them by the seller in the trade chat, advertisement terms of trade or advertisement payment details.
  4. The payment is made by an unauthorised third party to the trade.
  5. The buyer is not responding and has not provided sufficient proof within the time frame requested by Valor Exchange.

Valor Exchange will not be able to assist the buyer or the seller if any of them do not follow the reconciliation process.

Valor Exchange reserves the right to suspend or restrict users that are uncooperative during the process.

Limitation of liability: Reconciliation of dispute

  1. You acknowledge that the dispute reconcilation is a service that we provide and which will be conducted in accordance with the terms of this Agreement.You acknowledge and agree that Valor Exchange decision regarding a dispute is conclusive, final and binding as described in this Agreement.you agree and accept that we assume no responsibility to the Buyer or Seller in connection with its decision.
  2. If the buyer or the seller of a disputed trade provides fraudulent information or fraudulent documents or makes false claims or otherwise tries to force a certain outcome of a disputed trade, the dispute may be immediately resolved against the user.
  3. If you believe Valor Exchange has resolved a dispute you are a party of in a way which is not in accordance with these terms, you have the right to request a review. To request a review you need to notify usand provide us with sufficient details and evidence support your case for review request by contacting customer support no later than 7 days after the dispute resolution has been given.

Fees and Pricing

Valor Exchange does not charge fees:

  1. for buying and selling Digital currencies on its website.
  2. for placing advertisement on its platform.
  3. for creating wallets for digital currency on it platform.
  4. for receiving digital currencies to its platform.
  5. to transfer cryptocurrency to another user on its website without any fees.

Valor Exchange may its users charge fees for withdrawal of cryptocurrencies from its platform to external wallet addresses. This fee is required inorder to broadcast the cryptocurrency transaction to blockchain network. See fees

We reserve the right to change the fees or the principles of pricing from time to time in accordance with the terms of this Agreement.

Account Security

  1. Valor Exchange is commited to maintaining the security of User entrusted funds and personal information and has implemented industry standard protection for Valor Exchange Services. You shall agree to treat your access credentials (such as username and password) as confidential information, and not to disclose such information to any third party. You also agree to be solely responsible for taking the necessary security measures to protect your Valor Exchange Account and personal information.
  2. Valor Exchange cannot guarantee the security of any data you disclose online. You accept the inherent security risks of providing information and dealing online over the Internet and will not hold us responsible for any breach of security unless this is due to our negligence.
  3. You are solely responsible for keeping safe of your Valor Exchange Account and password, and are responsible for all the transactions under your Valor Exchange Account. Valor Exchange will not be held liable for any loss or consequences caused by authorized or unauthorized use of your account credentials, including but not limited to information disclosure, information release, consent or submission of various rules and agreements by clicking on the website, online agreement renewal, etc.

By creating a Valor Exchange Account, you hereby agree that:

  1. You will notify Valor Exchange immediately if you are aware of any unauthorized use of your Valor Exchange Account and password or any other violation of security rules;
  2. You will strictly abide by all mechanisms or procedures of VALOR EXCHANGE regarding security, authentication, trading, charging, and withdrawal; and
  3. You will take appropriate steps to logout from Valor Exchange at the end of each visit.

Feedback and user reviews

  1. Valor Exchange provides its feedback ( “review” ) system as a means through which Users can share their opinions of other Users publicly, and Valor Exchange does not monitor, influence, contribute to or censor these opinions. You acknowledge and agree that posted composite or compiled feedback and any other Composite Information relates only to your transactions and activities on Valor Exchange and not to any individual person.
  2. You hereby acknowledge and agree that Users publish and request Valor Exchange to publish on their behalf information on the Site about the User, such as feedback composite feedback, past transaction records, or verification of identity or credentials. However, such information is based solely on unverified data that buyers or sellers voluntarily submit on Valor Exchange and does not constitute and will not be construed as an introduction, endorsement, or recommendation by Valor Exchange; Valor Exchange provides such information solely for the convenience of Users.
  3. You acknowledge and agree that User feedback benefits the marketplace, all Users, and the efficiency of the Site and you specifically request that Valor Exchange post composite or compiled feedback about Users, including yourself, on User Profiles and elsewhere on the Site.
  4. You acknowledge and agree that feedback results for you, including your successful transactions, wherever referenced, and other User review highlighted by Valor Exchange on the Site or otherwise (“Composite Information”), if any, may include User comments, Transaction completion rate, indicators of User satisfaction, and other feedback left exclusively by other Users.
  5. You further acknowledge and agree that Valor Exchange will make Composite Information available to other Users, including composite or compiled feedback.
  6. Valor Exchange does not generally investigate any remarks posted by Users or other User review for accuracy or reliability and does not guarantee that User review is accurate. You are solely responsible for your User review, including the accuracy of any User review, and are solely responsible for any legal action that may be instituted by other Users or third parties as a result of or in connection with your User review. Upwork is not legally responsible for any feedback or comments posted or made available on the Site by any Users or third parties, even if that information is defamatory or otherwise legally actionable.
  7. In order to protect the integrity of the feedback system and protect Users from abuse, Valor Exchange reserves the right (but is under no obligation) to remove posted feedback or information that, in Valor Exchange’s sole judgment, violates the Terms of Service or negatively affects our marketplace, diminishes the integrity of the feedback system or otherwise is inconsistent with the business interests of Valor Exchange.
  8. h)You acknowledge and agree that you will notify Valor Exchange of any error or inaccurate statement in your feedback results, including the Composite Information, and that if you do not do so,Valor Exchange may rely on the accuracy of such information.

Intellectual Property Rights

We grant you a limited, non-exclusive, non-transferable licence, subject to the terms of this Agreement, to access and use the Site, and related content, materials, information (collectively, the "Content") solely for approved purposes as permitted by us from time to time. Any other use of the Site or Content is expressly prohibited and all other right, title, and interest in the Site or Content is exclusively the property of Valor Exchange and its licensors. You agree not to copy, transmit, distribute, sell, license, reverse engineer, modify, publish, or participate in the transfer or sale of, create derivative works from, or in any other way exploit any of the Content, in whole or in part.

Disclaimer of Warranties

TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, VALOR EXCHANGE SERVICES, VALOR EXCHANGE MATERIALS AND ANY PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF VALOR EXCHANGE ARE OFFERED ON AN “AS IS” AND “AS AVAILABLE” BASIS, AND VALOR EXCHANGE EXPRESSLY DISCLAIMS, AND YOU WAIVE, ANY AND ALL OTHER WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON-INFRINGEMENT OR WARRANTIES ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE IN TRADE. WITHOUT LIMITING THE FOREGOING, VALOR EXCHANGE DOES NOT REPRESENT OR WARRANT THAT THE SITE, VALOR EXCHANGE SERVICES OR VALOR EXCHANGE MATERIALS ARE ACCURATE, COMPLETE, RELIABLE, CURRENT, ERROR-FREE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. VALOR EXCHANGE DOES NOT GUARANTEE THAT ANY TRADE WILL BE EXECUTED, ACCEPTED, RECORDED OR REMAIN OPEN. EXCEPT FOR THE EXPRESS STATEMENTS, AGREEMENTS AND RULES SET FORTH IN THESE TERMS, YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED UPON ANY OTHER STATEMENT OR AGREEMENT, WHETHER WRITTEN OR ORAL, WITH RESPECT TO YOUR USE AND ACCESS OF VALOR EXCHANGE SERVICES. WITHOUT LIMITING THE FOREGOING, YOU HEREBY UNDERSTAND AND AGREE THAT VALOR EXCHANGE WILL NOT BE LIABLE FOR ANY LOSSES OR DAMAGES ARISING OUT OF OR RELATING TO: (A) ANY INACCURACY, DEFECT OR OMISSION OF DIGITAL ASSETS PRICE DATA, (B) ANY ERROR OR DELAY IN THE TRANSMISSION OF SUCH DATA, (C) INTERRUPTION IN ANY SUCH DATA, (D) REGULAR OR UNSCHEDULED MAINTENANCE CARRIED OUT BY VALOR EXCHANGE AND SERVICE INTERRUPTION AND CHANGE RESULTING FROM SUCH MAINTENANCE, (E) ANY DAMAGES INCURRED BY OTHER USERS’ ACTIONS, OMISSIONS OR VIOLATION OF THESE TERMS, (F) ANY DAMAGE CAUSED BY ILLEGAL ACTIONS OF OTHER THIRD PARTIES OR ACTIONS WITHOUT AUTHORIZED BY VALOR EXCHANGE; AND (G) OTHER EXEMPTIONS MENTIONED IN DISCLAIMERS AND PLATFORM RULES ISSUED BY VALOR EXCHANGE.

Disclaimer of Damages and Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL VALOR EXCHANGE, ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS BE LIABLE FOR ANY INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR SIMILAR DAMAGES OR LIABILITIES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF DATA, INFORMATION, REVENUE, PROFITS OR OTHER BUSINESSES OR FINANCIAL BENEFITS) ARISING OUT OF VALOR EXCHANGE SERVICES, ANY PERFORMANCE OR NON-PERFORMANCE OF VALOR EXCHANGE SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF VALOR EXCHANGE AND ITS AFFILIATES, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY EVEN IF VALOR EXCHANGE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES EXCEPT TO THE EXTENT OF A FINAL JUDICIAL DETERMINATION THAT SUCH DAMAGES WERE A RESULT OF VALOR EXCHANGE’S GROSS NEGLIGENCE, FRAUD, WILLFUL MISCONDUCT OR INTENTIONAL VIOLATION OF LAW. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.

NOTWITHSTANDING THE FOREGOING, IN NO EVENT WILL THE LIABILITY OF VALOR EXCHANGE, ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS ARISING OUT OF SERVICES OFFERED BY OR ON BEHALF OF VALOR EXCHANGE AND ITS AFFILIATES, ANY PERFORMANCE OR NON-PERFORMANCE OF VALOR EXCHANGE SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY, EXCEED THE AMOUNT OF THE FEES PAID BY YOU TO VALOR EXCHANGE UNDER THESE TERMS IN THE TWELVE-MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY.

Prohibited Use

When accessing or using the Services, you agree that you will use the Services in accordance with the terms and conditions in this Agreement (including the Privacy Policy) and not commit any unlawful act, and that you are solely responsible for your conduct while using our Services. Without limiting the generality of the foregoing, you agree that you will not:

  1. use our Services in any manner that could interfere with, disrupt, negatively affect or inhibit other users from fully enjoying our Services, or that could damage, disable, overburden or impair the functioning of our Services in any manner;
  2. engage in any activity which could violate, or assist in violation of, any law, statute, ordinance, or regulation, sanctions programs administered in the countries where we conduct business or operations, or which would involve proceeds of any unlawful activity; publish, distribute or disseminate any unlawful material or information;
  3. interfere with another user’s access to or use of any of our Services; defame, abuse, extort, harass, stalk, threaten or otherwise violate or infringe the legal rights (such as, but not limited to, rights of privacy, publicity and intellectual property) of other users;
  4. incite, threaten, facilitate, promote, or encourage hate, racial intolerance, or violent acts against others; harvest or otherwise collect information from our Website about other users;
  5. engage in any activity which operates to defraud, defame or otherwise cause any damage to Valor Exchange or our users; or provide any false, inaccurate, deceptive or misleading information to Valor Exchange or to another user in connection with our Services or as otherwise provided or requested pursuant to this Agreement;
  6. introduce to the Services any virus, Trojan, worms, logic bombs or other harmful material; use any robot, spider, crawler, scraper or other automated means or interface not provided by us to access our Services or to extract data; attempt to circumvent any content filtering techniques we employ, or attempt to access any service or area of our Services that you are not authorized to access; or placement anywhere within Valor Exchange’s Marketplace of any advertisement or promotion that would facilitate buying or selling Digital Currencies outside of Valor Exchange’s Services;
  7. engage in transactions involving items that infringe or violate any copyright, trademark, right of publicity or privacy or any other proprietary right under the law, or other licensed materials without the appropriate authorization from the rights holder; use of Valor Exchange intellectual property, name, or logo, including use of Valor Exchange’s trade or service marks, without prior written consent from us or in a manner that otherwise harms Valor Exchange or the Valor Exchange brand; any action that implies an untrue endorsement by or affiliation with Valor Exchange; or develop any third-party applications that interact with our Services without our prior written consent; or encourage or induce any third party to engage in any of the activities prohibited under this term.

Limitation, Suspension or Termination of Account and Services

  1. You agree that Valor Exchange shall have the right to immediately suspend your Valor ExchangeAccount (and any accounts beneficially owned by related entities or affiliates), freeze or lock the Digital Assets or funds in all such accounts, and suspend your access to Valor Exchange for any reason including if Valor Exchange suspects any such accounts to be in violation of these Terms, our Privacy Policy, or any applicable laws and regulations.
  2. You agree that Valor Exchangeshall not be liable to you for any permanent or temporary modification of your Valor ExchangeAccount, or suspension or termination of your access to all or any portion of Valor ExchangeServices. Valor Exchangeshall reserve the right to keep and use the transaction data or other information related to such Valor ExchangeAccounts. The above account controls may also be applied in the following cases:
    1. The Valor ExchangeAccount is subject to a governmental proceeding, criminal investigation or other pending litigation;
    2. We detect unusual activities in the Valor ExchangeAccount;
    3. We detect unauthorized access to the Valor Exchange Account;
    4. We are required to do so by a court order or command by a regulatory/government authority.
  3. In case of any of the following events, Valor Exchangeshall have the right to directly terminate these Terms by cancelling your Valor ExchangeAccount, and shall enjoy the right but not the obligation to permanently freeze (cancel) the authorizations of your Valor Exchange Account on Valor Exchange and withdraw the corresponding Valor Exchange Account thereof:
    1. after Valor Exchange terminates services to you;
    2. you allegedly register or register in any other person’s name as a Valor Exchange User again, directly or indirectly;
    3. the information that you have provided is untruthful, inaccurate, outdated or incomplete;
    4. when these Terms are amended, you state your unwillingness to accept the amended Terms by applying for cancellation of your Valor Exchange Account or by other means;
    5. you request that Valor Exchange Services be terminated; and
    6. any other circumstances where Valor Exchange deems it should terminate Valor Exchange Services.
  4. Should your Valor Exchange Account be terminated, the account and transactional information that meet data retention standards will be securely stored for 5 years.
  5. In addition, if a transaction is unfinished during the account termination process, Valor Exchange shall have the right to notify your counterparty of the situation at that time. You acknowledge that a user-initiated account exit will also be subjected to the termination protocol stated above.
  6. If Valor Exchangeis informed that any Digital Assets or funds held in your Valor Exchange Account are stolen or otherwise are not lawfully possessed by you, Valor Exchange may, but has no obligation to, place an administrative hold on the affected funds and your Valor Exchange Account. If Valor Exchange does lay down an administrative hold on some or all of your funds or Valor Exchange Account, Valor Exchange may continue such hold until such time as the dispute has been resolved and evidence of the resolution acceptable to Valor Exchange has been provided to Valor Exchange in a form acceptable to Valor Exchange. Valor Exchange will not involve itself in any such dispute or the resolution of the dispute. You agree that Valor Exchange will have no liability or responsibility for any such hold, or for your inability to withdraw Digital Assets or funds or execute trades during the period of any such hold.
  7. When a Valor Exchange Account is closed/withdrawn, all remaining account balance (which includes charges and liabilities owed to Valor Exchange) will be payable immediately to Valor Exchange. Upon payment of all outstanding charges to Valor Exchange (if any), Users will have 5 business days to withdraw all Digital Assets or funds from the account.
  8. Valor Exchangemaintains full custody of the Digital Assets, funds and User data/information which may be turned over to governmental authorities in the event of Valor Exchange Accounts’ suspension/closure arising from fraud investigations, investigations of violation of law or violation of these Terms.

Release and Indemnity

In the event that any User has a dispute with any party to a transaction, such User agrees to release and indemnify Valor Exchange (and our agents, affiliates, subsidiaries, directors, officers and employees) from all claims, demands, actions, proceedings, costs, expenses and damages (including without limitation any actual, special, incidental or consequential damages) of every kind and nature, Known and Unknown, arising out of or in connection with such dispute or the transaction.

You accept and agree that you expressly waive any protections (whether statutory or otherwise) that would otherwise limit the coverage of this release.

You agree to indemnify us, our affiliates and service providers, and each of our, or their, respective officers, directors, agents, employees and representatives, in respect of any costs (including attorneys' fees and any fines, fees or penalties imposed by any regulatory authority) that have been reasonably incurred in connection with any claims, demands or damages arising out of or related to your breach and / or our enforcement of this Agreement (including without limitation your breach of our ‘Privacy Policy’ or our ‘Prohibited Use’) or your violation of any law, rule or regulation, or the rights of any third party.

Entire Agreement

This Agreement, Privacy policy, E-sign consent (Including documents incorporated by reference herein) comprise the entire understanding and agreement between you and Valor Exchange as to the subject matter hereof, and it supersedes any and all prior discussions, agreements and understandings of any kind (including without limitation any prior versions of this Agreement), and every nature between and among you and Valor Exchange.

Force Majeure

The parties to this Agreement will not be responsible for the failure to perform, or any delay in performance of, any obligation hereunder for a reasonable period due to labor disturbances, accidents, fires, floods, telecommunications or Internet failures, strikes, wars, riots, rebellions, blockades, acts of government, governmental requirements and regulations or restrictions imposed by law or any other conditions beyond the reasonable control of such party.

Transfer and Assignment:

This Agreement is personal to you and you cannot transfer or assign your rights, licenses, interests and/or obligations to anyone else. We may transfer or assign our rights licenses, interests and / or our obligations at any time, including as part of a merger, acquisition or other corporate reorganisation involving Valor Exchange, provided that this transfer or assignment does not materially impact the quality of the Valor Exchange Services you receive. Subject to the foregoing, this Agreement will bind and inure to the benefit of the parties, their successors and permitted assigns. You reserve the right to terminate the agreement with immediate effect in the event we transfer and/or assign the Agreement.

Amendments. We may amend or modify this Agreement by posting on the website or emailing to you the revised Agreement, and the revised Agreement shall be effective at such time. If you do not agree with any such modification, your sole and exclusive remedy is to terminate your use of the Services and request to close your account. You agree that we shall not be liable to you or any third party for any modification or termination of Valor Exchange Services, or suspension or termination of your access to Valor Exchange Services, except to the extent otherwise expressly set forth herein. If the revised Agreement includes a material change, we will endeavour to provide you advanced notice via our website and/or email before the material change becomes effective.

Severability

If and to the extent any provision of this Agreement or the other Terms of Service is held illegal, invalid, or unenforceable in whole or in part under applicable law, such provision or such portion thereof will be ineffective as to the jurisdiction in which it is illegal, invalid, or unenforceable to the extent of its illegality, invalidity, or unenforceability and will be deemed modified to the extent necessary to conform to applicable law so as to give the maximum effect to the intent of the parties. The illegality, invalidity, or unenforceability of such provision in that jurisdiction will not in any way affect the legality, validity, or enforceability of such provision in any other jurisdiction or of any other provision in any jurisdiction

Language

This Agreement and any information or notifications that you or we are to provide should be in English. Any translation of this Agreement or other documents is provided for your convenience only and may not accurately represent the information in the original English. In the event of any inconsistency, the English language version of this Agreement or other documents shall prevail

Change of Control

In the event that Valor Exchange is acquired by or merged with a third party entity, we reserve the right, in any of these circumstances, to transfer or assign the information we have collected from you and our relationship with you (including this Agreement) as part of such merger, acquisition, sale, or other change of control.

Survival

All provisions of this Agreement which by their nature extend beyond the expiration or termination of this Agreement, including, without limitation, sections pertaining to suspension or termination, Valor Exchange Account cancellation, debts owed to Valor Exchange, general use of the Valor Exchange website, disputes with Valor Exchange, and general provisions, shall survive the termination or expiration of this Agreement.

E-Sign Disclosure and Consent

This policy describes how Valor Exchange delivers communications to you electronically. We may amend this policy at any time by providing a revised version on our website. The revised version will be effective at the time we post it. We will provide you with prior notice of any material changes via our website.

Electronic Delivery of Communications

You agree and consent to receive electronically all communications, agreements, documents, notices and disclosures (collectively, "Communications") that we provide in connection with your Valor Exchange Account and your use of Valor Exchange Services. Communications include:

  1. terms of use and policies you agree to (e.g. the Agreement and Privacy Policy), including updates to these agreements or policies;
  2. account details, history, transaction receipts, confirmations, and any other account or transaction information;
  3. legal, regulatory, and tax disclosures or statements we may be required to make available to you; and
  4. responses to claims or customer support inquiries filed in connection with your Valor Exchange Account.

Unless otherwise specified in this Agreement, we will provide these Communications to you by posting them on the Site, emailing them to you at the primary email address listed in your Valor Exchange Account, communicating to you via instant chat, and/or through other electronic communication such as text message or mobile push notification, and you agree that such Communications will constitute sufficient notice of the subject matter therein.

Consent Withdrawal

You may withdraw your consent to receive Communications electronically by contacting us at: support@ValorExchange.com. If you fail to provide or if you withdraw your consent to receive Communications in the specified manner ,Valor Exchange reserves the right to immediately close your Valor Exchange Account or charge you additional fees for paper copies of the Communications.

Updating your Information

It is your responsibility to provide us with a true, accurate and complete email address and your contact information, and to keep such information up to date. You understand and agree that if Valor Exchange sends you an electronic Communication but you do not receive it because your primary email address you have provided is incorrect, out-of-date, blocked by your service provider, or you are otherwise unable to receive electronic Communications, Valor Exchange will be deemed to have provided the Communication to you.

You may update your information by logging into your Valor Exchange Account or writing our support team.

Site availability and accuracy:

Access & Availability: Access to Valor Exchange Services may become degraded or unavailable during times of significant volatility or volume or during website upgrades or maintenance. This could result in limitations on access to your Valor Exchange Account or the Valor Exchange Services, including the inability to initiate or complete transactions and may also lead to support response time delays.

  1. although we strive to provide you with excellent service, we do not guarantee that the Site or other Valor Exchange Services will be available without interruption and we do not guarantee that any trade will be executed, accepted, recorded, or remain open or that your Valor Exchange Account will be accessible; and
  2. please note that our customer support response times may be delayed, including during times of significant volatility or volume, especially for non-trust and safety issues.
  3. Under no circumstances shall Valor Exchange be liable for any alleged damages arising from service interruptions, delays in processing transactions, or lack of timely response from Valor Exchange customer support.
Access & Availability:
  1. Although we intend to provide accurate and timely information on the Site, the Site (including, without limitation, the Content (as defined below)) may not always be entirely accurate, complete or current and may also include technical inaccuracies or typographical errors.
  2. In an effort to continue to provide you with as complete and accurate information as possible, information may, to the extent permitted by applicable law, be changed or updated from time to time without notice, including without limitation information regarding our policies, products and services. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the Site are your sole responsibility and we shall have no liability for such decisions.
  3. c)Links to third party materials (including without limitation any websites) may be provided as a convenience but are not controlled by us. You acknowledge and agree that we are not responsible for any aspect of the information, content, or services contained in any such third party materials accessible or linked to from the Site.

Security and Safety of your Computer and Devices:

Safety and Security of Your Computer and Devices. Valor Exchange is not liable for any damage or interruptions caused by any computer viruses or other malicious code that may affect your computer or other equipment, or any phishing, spoofing or other attack. We advise the regular use of a reputable and readily available virus screening and prevention software. You should also be aware that SMS and email services are vulnerable to spoofing and phishing attacks and should use care in reviewing messages purporting to originate from us.

Taxation and Indemnification

it is your sole responsibility to determine whether, and to what extent, any taxes apply to any transactions you conduct through the Valor Exchange Services, and to withhold, collect, report and remit the correct amount of tax to the appropriate tax authorities. Your transaction history is available through your Valor Exchange Account.

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