This is an Agreement between you and TOKENOMY TECHNOLOGIES PTE. LTD. (“Tokenomy”). References to “Tokenomy”, “we”, “our” or “us” are to Tokenomy and references to “you” or “your” are to the person with whom Tokenomy enters into this Agreement with.
By signing up for an Account (as defined below) through the Site (as defined below) or by using an Account (as defined below), you agree that you have read, understood and accept all of the terms and conditions contained in this Agreement and all other documents herein referred to.
“Account” means an account registered with us enabling you to use the Services.
“AML Policy” means our internal anti-money laundering policy, as varied or amended by us from time to time in our sole discretion.
“Business Day” means a day (other than a Saturday or Sunday) on which commercial banks are ordinarily open for business in Singapore.
“Clearly Erroneous Transaction” means a transaction (whether or not filled, executed, matched or completed) for a purchase or sale of Digital Assets which is substantially inconsistent with the market price (based on the Market Data) at the time of execution.
“Digital Assets” means the digital assets or virtual currencies based on the cryptographic protocol of a computer network that may be (a) expressed as a unit; (b) not denominated in any currency; (c) used as a medium of exchange accepted by the public or a section of the public, as payment for goods or services or the discharge of a debt; (d) transferred, stored or traded electronically; (e) centralized or decentralized; and (f) closed or open source.
“Fee Schedule” means the fee schedule set out on this webpage (https://exchange.tokenomy.com/), as varied or amended by us from time to time in our sole discretion.
“Market Data” means, with respect to the Digital Assets tradeable through the Services, the bid prices, ask prices, trade prices, trading volume and other trade-related data made available or accessible on the Site or through the Services.
“Order” means an order to buy and/or sell one Digital Asset for another Digital Asset using the Services.
“Services” means the Digital Assets exchange service enabling you to buy, sell or trade Digital Assets with other users of the Services. For avoidance of doubt, the Services does not allow the buying, selling or trading of any “securities”, “futures contracts” or “capital markets products”.
“Site” means the website located at https://exchange.tokenomy.com/, or any of our associated websites, application programming interface (API) or applications.
If we receive any Digital Asset which is supported by or tradeable through the Services in a Digital Asset address which we control, you may submit a request to claim for such Digital Asset and we may ask that you execute additional transfer(s) (or such other actions as we deem necessary) to satisfy us of your ownership of the Digital Asset. If no claim is submitted to us within one (1) month from the date the Digital Asset was transferred, the Digital Asset will be regarded as a donation and all rights, title and interests shall be deemed vested in us. Any waiver or exception to the aforesaid shall be in our sole and absolute discretion on a case-by-case basis.