V. 3.2
V. 3.2
V. 3.2
Welcome to Binbex, a digital asset trading platform. By accessing and using our services, you agree to comply with the terms outlined in this agreement. These Terms and Conditions ("Terms") govern your use of Binbex’s services and constitute a binding agreement between you and Binbex. Please read them carefully before engaging in any transaction or activity on our platform.
1. Acceptance of Terms
By creating an account, using, or accessing Binbex services in any manner, you agree to be bound by these Terms. If you do not agree with any part of these Terms, please discontinue use of the platform immediately. Binbex reserves the right to update these Terms at any time. Continued use of the platform constitutes acceptance of the revised Terms.
2. Eligibility
Binbex services are available only to individuals who are at least 18 years old and legally permitted to engage in cryptocurrency transactions in their jurisdiction. By using Binbex, you represent and warrant that you meet these eligibility requirements.
3. Account Registration and Security
To access Binbex services, users must create an account by providing accurate and complete information. You agree to maintain the security of your account credentials and are solely responsible for any activities that occur under your account. If you suspect unauthorized access, you must notify Binbex immediately.
4. Verification and KYC Compliance
Binbex adheres to strict Anti-Money Laundering (AML) and Know Your Customer (KYC) policies. Users may be required to complete identity verification procedures. Non-verified accounts are subject to transaction and withdrawal limits, while verified users enjoy higher limits and additional features. The required information for KYC verification may include, but is not limited to, government-issued identification and proof of address.
5. Deposits and Withdrawals
5.1 Deposits
Users may deposit supported digital assets into their Binbex account. All deposits are subject to blockchain confirmation, and Binbex is not responsible for delays related to blockchain network congestion or technical issues.
5.2 Withdrawals
Withdrawals from Binbex are subject to security checks, network confirmations, and, if applicable, user verification. Users without completed KYC verification are limited to a maximum withdrawal amount of 50,000 USDT within a 24-hour period. Verified users may access higher withdrawal limits. Binbex reserves the right to review and approve withdrawals based on risk assessment procedures. In the event of suspicious activity, Binbex may withhold or delay withdrawals until the matter is resolved.
6. Fees
Binbex charges fees for trades, withdrawals, and other services. The applicable fees are listed on the Binbex Fees page and may vary based on market conditions or service level. All fees are final and non-refundable.
7. Trading
Trading on Binbex involves the exchange of digital assets and is subject to market conditions, liquidity, and volatility. Users are solely responsible for their trading decisions and understand that all transactions are irreversible. Binbex does not provide investment advice and is not liable for losses incurred from trading activities.
8. Risk Disclosure
Digital asset trading involves significant risk and may result in substantial or total loss of funds. Market fluctuations, regulatory changes, and other factors can lead to unpredictable outcomes. By using Binbex, you acknowledge and accept all risks associated with trading and agree that Binbex is not responsible for any losses or damages.
9. Intellectual Property
All content, trademarks, and intellectual property on Binbex, including but not limited to logos, text, images, and platform functionality, are the property of Binbex or its licensors. You agree not to use, reproduce, distribute, or modify any Binbex content without prior authorization.
10. Prohibited Activities
Users are prohibited from engaging in any activities on Binbex that violate applicable laws or regulations, including but not limited to fraud, money laundering, market manipulation, and abuse of platform services. Any violation may result in account suspension, restriction of services, or legal action.
11. Limitation of Liability
To the fullest extent permitted by law, Binbex and its affiliates shall not be liable for any indirect, incidental, special, or consequential damages arising from or related to your use of the platform. Binbex’s liability, in any case, is limited to the fees paid by the user for the services rendered in the 12 months preceding the claim.
12. Privacy Policy
Binbex respects your privacy and is committed to safeguarding your personal information. Our Privacy Policy outlines how we collect, use, and protect user data. By agreeing to these Terms, you also agree to the terms of our Privacy Policy.
13. Amendments and Modifications
Binbex may modify these Terms at any time to reflect changes in policies, legal requirements, or operational needs. The latest version of the Terms will be posted on the Binbex website, and users are responsible for reviewing these Terms periodically. Continued use of Binbex services indicates acceptance of any modifications.
14. Governing Law and Dispute Resolution
These Terms and any disputes arising from or related to your use of Binbex shall be governed by and construed in accordance with the laws of the jurisdiction in which Binbex operates. In the event of a dispute, users agree to seek resolution through mediation before pursuing formal legal action.
15. Termination of Services
Binbex reserves the right to terminate or restrict access to its services at its discretion, without prior notice, for any violation of these Terms or any reason deemed necessary to protect the platform’s security and integrity.
16. Termination and Account Suspension Policies
Binbex takes compliance and user conduct seriously. As such, there are specific policies on account suspension, warnings, and penalties to enforce proper use of the platform.
Binbex follows a structured warning system for violations of the Terms:
Accounts may be suspended temporarily or terminated for severe breaches, fraudulent activity, or actions that jeopardize the security or integrity of Binbex’s services. Suspended accounts will remain restricted from access until the issue is resolved or permanently disabled upon termination.
17. Copy Trading
Binbex offers copy trading as a feature for users who wish to replicate the trades of experienced traders on the platform. By engaging in copy trading, users agree to the following terms:
Copy trading is provided as a tool for users; however, it does not guarantee profits or mitigate risks. Users acknowledge that past performance is not indicative of future results and that they assume all risks associated with their copy trading activities.
Users may select traders to copy based on available performance metrics. However, Binbex is not liable for the accuracy of this data or the outcomes of copied trades.
Binbex does not assume responsibility for any financial losses arising from copy trading. Users agree that they have conducted due diligence and understand the potential risks involved.
Binbex reserves the right to modify, restrict, or discontinue copy trading at any time. Users will be notified of such changes and may need to reauthorize copy trading upon significant updates to the feature.
18. Sanctioned Countries and Restricted Jurisdictions
Binbex adheres to strict regulatory guidelines and prohibits services to users in certain jurisdictions due to compliance obligations.
Binbex services are unavailable in countries subject to international sanctions, including but not limited to:
Users found to be accessing Binbex from restricted regions will have their accounts immediately suspended, and, depending on the circumstances, may face account termination.
19. API Access and Use
Binbex may provide an API (Application Programming Interface) to certain users for enhanced trading functionality or automated trading. Use of the Binbex API is governed by the following conditions:
API access is available only to approved users who agree to abide by Binbex’s API terms of service.
Users are prohibited from using the API for activities that would violate the Terms, including but not limited to market manipulation, data scraping, or denial-of-service (DoS) attacks.
Binbex reserves the right to limit, modify, or discontinue API access at its discretion. Users acknowledge that Binbex is not responsible for losses due to API outages or limitations.
20. Referral Program
Binbex offers a referral program to reward users for bringing new customers to the platform. By participating, users agree to adhere to the following terms:
The referral program is open to verified users only. Rewards are issued upon successful referral completion, defined by the new user meeting specified trading or deposit criteria.
Referrals must be legitimate and comply with Binbex’s policies. Users engaging in referral abuse, including self-referrals or creating fake accounts, will have their accounts penalized or banned.
Binbex reserves the right to alter or discontinue the referral program at any time.
21. Intellectual Property and Proprietary Rights
All materials and intellectual property on Binbex, including but not limited to logos, trademarks, content, and platform functionalities, are owned or licensed by Binbex. Users may not reproduce, modify, distribute, or exploit any content without prior written permission from Binbex.
22. Governing Language and Translations
The primary language for Binbex’s Terms and Conditions is English. Any translations are provided for convenience only. In the case of discrepancies between the English version and a translated version, the English version shall prevail.
23. Customer Support and Communication
Binbex is committed to providing robust customer support and ensures that users can reach the support team via email, live chat, or other designated channels. For account-related inquiries, users must provide relevant details, including their user ID, to facilitate prompt assistance. All communication with customer support must be respectful and accurate.
24. Force Majeure
Binbex shall not be held liable for delays, disruptions, or failure to perform obligations under these Terms resulting from circumstances beyond reasonable control, including but not limited to natural disasters, acts of war, government regulations, cyber attacks, or technical disruptions.
25. Severability
If any provision of these Terms is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. Invalid terms will be replaced with enforceable terms that most closely reflect the original intent.
26. Entire Agreement
These Terms, along with Binbex’s Privacy Policy and any additional terms provided for specific services, constitute the entire agreement between Binbex and its users. All prior agreements or understandings, oral or written, are superseded by these Terms.
Semi-centralized exchange - 2023
Binbex is only a commercial service provider and never offers or rejects investment. Futures trading is very sensitive and you need to be an expert to enter this market. In another part of copy trading, it is true that traders must be professional to be approved in the copy trading system, and we approve them very strictly, but anyway, you should also carefully check the results of their trades before using the service.
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