Terms of Service
WELCOME TO TOKEN HUB!
Thanks for using our Token Hub products and services ("Services"). The Services are provided by Crypto C Trading Inc., located at Unit A 14TH Floor Token Hub Asia 88 Corporate Centre Sedeno St. Corner Valero St., Paseo De Roxas, Makati City, Philippines.
By using our Services, you are agreeing to these terms. Please read them carefully.
Our Services are very diverse, so sometimes additional terms or product requirements (including age requirements) may apply. Additional terms will be available with the relevant Services, and those additional terms become part of your agreement with us if you use those Services.
USING OUR SERVICES
You must follow any policies made available to you within the Services.
Don't misuse our Services. For example, don't interfere with our Services or try to access them using a method other than the interface and the instructions that we provide. You may use our Services only as permitted by law, including applicable export and re-export control laws and regulations. We may suspend or stop providing our Services to you if you do not comply with our terms or policies or if we are investigating suspected misconduct.
Using our Services does not give you ownership of any intellectual property rights in our Services or the content you access. You may not use content from our Services unless you obtain permission from its owner or are otherwise permitted by law. These terms do not grant you the right to use any branding or logos used in our Services. Don't remove, obscure, or alter any legal notices displayed in or along with our Services.
Our Services display some content that is not Token Hub's. This content is the sole responsibility of the entity that makes it available. We may review content to determine whether it is illegal or violates our policies, and we may remove or refuse to display content that we reasonably believe violates our policies or the law. But that does not necessarily mean that we review content, so please don't assume that we do.
In connection with your use of the Services, we may send you service announcements, administrative messages, and other information. You may opt out of some of those communications.
Some of our Services are available on mobile devices. Do not use such Services in a way that distracts you and prevents you from obeying traffic or safety laws.
TERMS OF CONDITIONS
These Terms and Conditions (the "Terms") set out the conditions under which Provider ("Token Hub") offers you use of the Token Hub website at https://TokenHub.asia (the "Site") and access to the Exchange Platform (the "Platform"). Please read these Terms carefully and do not use the Site or the Platform unless you accept them.
The Platform allows registered users ("User") acting as buyers ("Buyer") and sellers ("Seller") to buy and sell virtual currencies. Depends on their country of residence and country of citizenship, User may not access to the all functions of the Site and of the Platform.
By enact to signup action to use the Platform User represent and warrant: He/She have accepted these Terms; and He/She is at least 18 years old and have the full capacity to accept these Terms.
Token Hub reserves the right, at its sole discretion, to change, add or remove portions of these Terms at anytime. You will be notified of such changes a two weeks in advance through Platform's business tool (Support messages) and upon such notification it is your responsibility to review the amended Terms. Your continued use of the Site following the posting of changes will mean that you accept and agree to the changes. You agree that all subsequent transactions by you will be subject to these Terms.
Your acceptance of these Terms, as amended from time to time, gives Token Hub a mandate to bring together Seller and Buyer to trade on the Platform according to the following clauses as well as perform the functions described herein below.
Platform: means the technical, functional and organizational structure managed by Provider to allow Seller and Buyer to conduct a complete purchase and sale deal.
Account: means the integral part of Platform with secure access for User, where the User store data and provide actions for interact with the Platform and Provider.
Virtual currency: means decentralized, math-based virtual currencies further described at FATF REPORT:VIRTUAL CURRENCIES - KEY DEFINITIONS AND POTENTIAL AML/CFT RISKS
User: means registered individual person as well as holder of an Account.
Seller: means User that are submitting an offer to sell piece of virtual currency on the Platform.
Buyer: means User that are submitting an offer to buy piece of virtual currency on the Platform.
Deal: means the agreement between the Buyer and the Seller to exchange virtual currency on the Platform at agreed rate.
Transaction: mean the deposit and/or withdrawal and/or transfer operation, for the currency on Account.
Commission: refers to the fee which is payable to Provider on each Deal and Transaction.
User are responsible for maintaining the confidentiality of him Account information, including login and password and all activity, including Deals and Transactions that occur under him Account. User agree to notify Token Hub immediately of any unauthorized use of him Account or login or password, or any other breach of security by email, addressed to info@tokenHub.asia. User will be held liable for losses incurred by Token Hub or any other user of the Site, due to someone else using User login or password to provide actions on User Account. User shall not use any Account other than their own or access the Account of another User at any time. User shall not attempt to gain unauthorized access to the Site or assist any others to do so.
User agree to provide Token Hub with accurate, current and complete information about themselves as prompted by the registration process, and keep such information updated. In addition, User may update any information on him Account. User may only have one Account at any time and may not create or use any Account(s) other than him own.
Token Hub will request identification information depending on the amounts of funds deposited on the Accounts or the presence of suspicious activity, which may indicate money-laundering or other illegal activity. Information of origin of funds are deposited to the Account may also be requested. Transactions may be frozen by Token Hub as required by applicable anti-money laundering and countering the financing of terrorism rules. Token Hub may request additional information followed by request of any competent authority.
Account may be used strictly for the purposes to buy and sell virtual currencies.
DEAL AND TRANSACTION PROCESSING
The Platform allows Buyers to submit offers to purchase and Sellers to submit offers to sell virtual currencies. The Price for which User offer to purchase or sell virtual currency is at him discretion. The Deal completed instantaneously upon the matching of the Buyer's and Seller's offers, without prior notice to the Seller and Buyer, and will be considered to have taken place at that date and time. Whether acting as Buyer or Seller User recognizes that the matching of offers for the sale and purchase of virtual currency is a service provided by Token Hub on the Platform.
User acknowledges and agrees that Transactions to/from/on Account may take up to five days. Upon matching of the offers of Buyer and Seller, Token Hub has the sole authority to permit the Transaction of funds corresponding to the Deal, from the Buyer's Account to the Seller's Account and deduct Commission corresponding to the Deal from Buyer's Account and the Seller's Account.
User shall be solely responsible for ensuring that any Transaction of virtual currency shall be a real and legal transaction and not infringing national law of User's country of residence and citizenship, including anti-money-laundering and countering the financing of terrorism rules.
User acknowledges and agrees that Token Hub acts only as an intermediary in all Deal and Transactions and not as a counterpart. It is thus the User' responsibility to comply with all laws and regulations relating to the Deal and Transaction.
All purchase and sale offers, as well as Deals, made on the Platform, will be managed in an anonymous manner so that Buyers and Sellers will not know each other. Once offers to buy or sell virtual currency are matched, such offers may not be withdrawn. Transaction in virtual currency may not be withdrawn.
If a User contravenes these Terms, Token Hub reserves the right to suspend him Account and block all funds contained therein. The Platform is not intended to provide any legal, tax, insurance or investment advice. User is solely responsible for determining whether any contemplated Deal and Transaction is appropriate for him based on their personal goals, financial status and risk willingness.
In the case of fraud, Token Hub will report all necessary information, including names, addresses and all other requested information, to the relevant authorities dealing with fraud and breaches of the law.
User may close him Account at anytime for terminate agreement of service with Token Hub, Token Hub may, in its sole discretion but with prior notice to User: terminate or suspend User access to the Site and the Platform, apply limitations on execution of Deals and Transactions on User Account, change access to the content or tools of the Platform and take technical and legal steps to keep User off the Site and Platform, if we think that User creating problems or possible legal liabilities for the Site and Platform.
RIVACY AND COPYRIGHT PROTECTION
ABOUT SOFTWARE IN OUR SERVICES
When a Service requires or includes downloadable software, this software may update automatically on your device once a new version or feature is available. Some Services may let you adjust your automatic update settings.
Token Hub gives you a personal, worldwide, royalty-free, non-assignable and non-exclusive license to use the software provided to you by Token Hub as part of the Services. This license is for the sole purpose of enabling you to use and enjoy the benefit of the Services as provided by Token Hub, in the manner permitted by these terms. You may not copy, modify, distribute, sell, or lease any part of our Services or included software, nor may you reverse engineer or attempt to extract the source code of that software, unless laws prohibit those restrictions or you have our written permission.
Open source software is important to us. Some software used in our Services may be offered under an open source license that we will make available to you. There may be provisions in the open source license that expressly override some of these terms.
MODIFYING AND TERMINATING OUR SERVICES
We are constantly changing and improving our Services. We may add or remove functionalities or features, and we may suspend or stop a Service altogether.
You can stop using our Services at any time, although we'll be sorry to see you go. Token Hub may also stop providing Services to you, or add or create new limits to our Services at any time.
We believe that you own your data and preserving your access to such data is important. If we discontinue a Service, where reasonably possible, we will give you reasonable advance notice and a chance to get information out of that Service.
OUR WARRANTIES AND DISCLAIMERS
We provide our Services using a commercially reasonable level of skill and care and we hope that you will enjoy using them. But there are certain things that we don't promise about our Services.
OTHER THAN AS EXPRESSLY SET OUT IN THESE TERMS OR ADDITIONAL TERMS, NEITHER TOKEN HUB NOR ITS SUPPLIERS OR DISTRIBUTORS MAKE ANY SPECIFIC PROMISES ABOUT THE SERVICES. FOR EXAMPLE, WE DON'T MAKE ANY COMMITMENTS ABOUT THE CONTENT WITHIN THE SERVICES, THE SPECIFIC FUNCTIONS OF THE SERVICES, OR THEIR RELIABILITY, AVAILABILITY, OR ABILITY TO MEET YOUR NEEDS. WE PROVIDE THE SERVICES "AS IS".
SOME JURISDICTIONS PROVIDE FOR CERTAIN WARRANTIES, LIKE THE IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. TO THE EXTENT PERMITTED BY LAW, WE EXCLUDE ALL WARRANTIES.
LIABILITY FOR OUR SERVICES
WHEN PERMITTED BY LAW, TOKEN HUB, AND TOKEN HUB'S SUPPLIERS AND DISTRIBUTORS, WILL NOT BE RESPONSIBLE FOR LOST PROFITS, REVENUES, OR DATA, FINANCIAL LOSSES OR INDIRECT, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES.
TO THE EXTENT PERMITTED BY LAW, THE TOTAL LIABILITY OF TOKEN HUB, AND ITS SUPPLIERS AND DISTRIBUTORS, FOR ANY CLAIMS UNDER THESE TERMS, INCLUDING FOR ANY IMPLIED WARRANTIES, IS LIMITED TO THE AMOUNT YOU PAID US TO USE THE SERVICES (OR, IF WE CHOOSE, TO SUPPLYING YOU THE SERVICES AGAIN).
IN ALL CASES, TOKEN HUB, AND ITS SUPPLIERS AND DISTRIBUTORS, WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE THAT IS NOT REASONABLY FORESEEABLE.
BUSINESS USES OF OUR SERVICES
If you are using our Services on behalf of a business, that business accepts these terms. It will hold harmless and indemnify Token Hub and its affiliates, officers, agents, and employees from any claim, suit or action arising from or related to the use of the Services or violation of these terms, including any liability or expense arising from claims, losses, damages, suits, judgments, litigation costs and attorneys' fees.
ABOUT THESE TERMS
We may modify these terms or any additional terms that apply to a Service to, for example, reflect changes to the law or changes to our Services. You should look at the terms regularly. We'll post notice of modifications to these terms on this page. We'll post notice of modified additional terms in the applicable Service. Changes will not apply retroactively and will become effective no sooner than fourteen days after they are posted. However, changes addressing new functions for a Service or changes made for legal reasons will be effective immediately. If you do not agree to the modified terms for a Service, you should discontinue your use of that Service.
If there is a conflict between these terms and the additional terms, the additional terms will control for that conflict.
These terms control the relationship between Token Hub and you. They do not create any third party beneficiary rights.
If you do not comply with these terms, and we don't take action right away, this doesn't mean that we are giving up any rights that we may have (such as taking action in the future).
If it turns out that a particular term is not enforceable, this will not affect any other terms.
The laws of the Philippines will apply to any disputes arising out of or relating to these terms or the Services. By accessing this website and using our services you consent to these terms and conditions and to the exclusive jurisdiction of the Philippine courts in all disputes arising out of such access, and you and Token Hub consent to personal jurisdiction in those courts.
For information about how to contact Token Hub, please visit our contact page.