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VirWox Exchange

Terms of Services

Please read these terms carefully before using our services.

These VIRWOX Terms of Use is entered into between you (hereinafter referred to as “you” or “your”) and VIRWOX operators. By accessing, downloading, using or clicking on “I agree” to accept any VIRWOX Services provided by VIRWOX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in these Terms of Use as well as our Privacy Policy.

THESE TERMS CONTAIN IMPORTANT PROVISIONS INCLUDING AN ARBITRATION PROVISION THAT REQUIRES ALL CLAIMS TO BE RESOLVED BY WAY OF LEGALLY BINDING ARBITRATION.

BY MAKING USE OF VIRWOX SERVICES, YOU ACKNOWLEDGE AND AGREE THAT: (1) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRANSACTIONS OF DIGITAL CURRENCIES; (2) YOU SHALL ASSUME ALL RISKS RELATED TO THE USE OF VIRWOX SERVICES; AND (3) VIRWOX SHALL NOT BE LIABLE FOR ANY SUCH RISKS OR ADVERSE OUTCOMES.

If you would like to know more about the risks associated with investing in or trading Digital Assets, you can access our General Risk Warning at general risk warning.

I. Definitions

  • 1. VIRWOX refers to an ecosystem comprising VIRWOX websites.
  • 2. VIRWOX Accounts refer to the foundational virtual accounts.
  • 3. VIRWOX Operators refer to all parties that run VIRWOX.
  • 4. VIRWOX Services refer to various services provided.
  • 5. VIRWOX Platform Rules refer to all rules.
  • 6. Digital Currencies refer to encrypted or digital tokens.
  • 7. Users refer to all individuals accessing services.

II. General Provisions

1. About These Terms

a. Contractual Relationship: These Terms constitute a legal agreement.

b. Changes to These Terms: VIRWOX reserves the right to change or modify these Terms.

c. Prohibition of Use: BY ACCESSING AND USING VIRWOX SERVICES, YOU REPRESENT AND WARRANT THAT YOU HAVE NOT BEEN INCLUDED IN ANY TRADE EMBARGOES OR ECONOMIC SANCTIONS LIST. VIRWOX RESERVES THE RIGHT TO CHOOSE MARKETS AND JURISDICTIONS TO CONDUCT BUSINESS.

2. Account Registration and Requirements

All Users must apply for a VIRWOX Account at register before using VIRWOX Services. By registering, you agree to provide required personal information for identity verification. The account can only be used by the account registrant.

III. VIRWOX Services

Upon completion of registration and identity verification, you may use various services including Crypto-to-crypto Trading, Fiat Trading, Futures Trading, Options Trading, Margin Trading, Lending Services, Savings Service, Staking Programs, VIRWOX POS Service, VIRWOX Convert Services, and VIRWOX OTC.

Service Usage Guidelines

  • All activities you carry out should comply with applicable laws.
  • You agree not to use the services for market manipulation.
  • Accounts left dormant for a month are automatically deactivated.
  • You may not use deep linking, web crawlers, or bots.

IV. Liabilities

1. Disclaimer of Warranties

TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, VIRWOX SERVICES ARE OFFERED “AS IS” AND “AS AVAILABLE”.

2. Limitation of Liability

IN NO EVENT WILL VIRWOX BE LIABLE FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES.

V. Termination of Agreement

VIRWOX reserves the right to suspend or terminate accounts for violations of Terms, laws, or suspicious activity. Remaining funds will be handled according to our policy, generally payable to VIRWOX if termination is due to fraud.

VI. Resolving Disputes

All claims must be resolved by way of legally binding arbitration. Class Action Waiver applies.