This Agreement is an agreement between the relevant Inverte Operators and each User regarding the provision of cryptocurrency loan services by Inverte to said User (the "Service") and the obtaining of the corresponding fees. By offering the Service, Inverte provides its Users with solutions to maintain and use specific cryptocurrencies and other Digital Assets and requires Users to provide the corresponding digital asset deposits (the "Guarantee") as a prerequisite for the loan offered by Inverte. In this Agreement, "we" and "we" refer to Inverte and the Inverte Operators, and "you" shall mean any individual User who uses the Service and enters into this Agreement.
Notice of material risks:
1.1 You should take into account that:
1.1.1 Digital assets are not issued by any financial institution, company or by us;
1.1.2 Trading digital assets carry exceptionally high risks. The price is prone to significant fluctuations caused by market makers, opportunists, and government policies in different countries.
1.1.3 If we determine, in our sole discretion, that you have breached the Agreement, or that the Service or your use of the Service is illegal under the laws of your jurisdiction, we reserve the right to suspend or terminate the account that you explicitly created dedicated for the Service (the "Collateral Account") at any time, or suspend or terminate your use of the Service or the conduct of digital asset transactions.
1.2 By using the Service, you acknowledge and agree that:
1.2.1 You acknowledge and understand that investing and trading digital assets may result in the loss of all or part of your assets. Therefore, you will need to determine the investment and loan amount following your risk tolerance level;
1.2.2 You acknowledge and understand that digital assets can generate derivative risks. If you have any questions, you should first seek professional advice and assistance;
1.2.3 You acknowledge and understand that, in addition to the aforementioned risks, there may also be other risks of an unpredictable or unforeseen nature;
1.2.4 You must carefully consider and apply your clear judgment regarding the assessment of your financial situation and the aforementioned risks when making any decision to use the Service, and you will be responsible for all losses arising therefrom;
1.2.5 You acknowledge and agree that we have the right to fully manage your Account and Collateral during the Service period, and we reserve the right (without obligation) to implement mandatory closure mechanisms under certain circumstances, which may lead to your significant losses;
1.2.6 To the extent permitted by law, we will not be liable for the aforementioned risks and for any other risks that are not due to our gross negligence, including but not limited to adverse consequences resulting from technical obstacles that are difficult to avoid or overcome.
Terms of Service
By using the Service, you acknowledge and agree to the following Terms of Service:
2.1 Create and manage the collateral account
2.1.2 We are committed to maintaining account security and implementing industry standard protection for the Service. However, the actions of individual users present risks. You agree to treat your account access credentials (for example, account number and password) as confidential information and not to disclose it to third parties. You also agree that you are solely responsible for taking the necessary security measures to protect your own Account and personal information.
2.2 Payment of loans and guarantees of cryptocurrencies
2.2.2 When using the Service, you will be required to transfer the Guarantee of a certain type and amount to the Guarantee Account as collateral; After payment confirmation, we can loan you a borrowed currency of a certain type and amount. The cryptocurrency loan service will be considered complete.
2.2.4 You agree that, unless otherwise agreed or waived, we will not withdraw any assets from the account until you have completed the repayment of the borrowed currency and have paid the applicable interest and fees. You may, at your discretion, extend the Warranty to reduce the risk (for example, the risk of closure) of using the Service.
2.2.6 You acknowledge and agree that, when using the Service, you must comply with relevant laws and regulations, and you will guarantee and represent the legitimacy and fulfillment of the source of the Guarantee.
2.3 Investment Rights
2.3.1 Right to receive interest and fees. You agree that, by our published rules and policies, as a consideration for using the Service, you may be obligated to pay us interest or related expenses when using the Service. You also agree to follow our published rules and policies regarding the submission of payment of the aforementioned interest and/or fees.
2.3.2 Risk control. When the price changes due to market fluctuations during the term of the Service, we, by real-time changes in the loan / value ratio, reserve the right to implement risk control measures, such as the closing of the Warranty in our discretion should be determined a risk. You agree to accept the results of the final processing without reservation.
2.3.3 Notice. You agree that, during your use of the Service, under certain circumstances (including, but not limited to, risks identified by us), we reserve the right without obligation to send notifications via short message service (SMS), email, or method. customer message (eg, early warning and closure notification).
2.4 Suspension or termination of service When deemed necessary or reasonable, we reserve the right to suspend or terminate the provision of the Service at any time.You agree, to the extent permitted by law, to hold us harmless under the law.