Date of latest amendment: June 12th, 2024
This agreement is made by and between you and the operator of Rimoswap and has the legal effect as a legal contract. The operator of Rimoswap means the legal entity that, recognized by law, operates the networking platform. Please refer to the company and license information at the bottom of the website of Rimoswap for the information regarding the operator of Rimoswap. The operator of Rimoswap may be referred to, individually or collectively, as “Rimoswap Limited” in this agreement. “Rimoswap” means the networking platform operated by Rimoswap, including but not limited to the Rimoswap website, with the domain name of Rimoswap.com, https://www.rimoswap.com, which is encrypted.
1. Agreement and Execution
The content of this agreement includes the main body of this agreement and various rules that have been posted or may be posted from time to time by Rimoswap. All of the rules shall be an integral part of this agreement and shall have the same legal effect as the main body of this agreement. Unless otherwise expressly provided, any service provided by Rimoswap and its affiliates (hereinafter referred to as “Rimoswap Service”) shall be bound by this agreement. You shall carefully read through this agreement before using any Rimoswap Service and pay close attention to the content written in bold font. You may consult Rimoswap if you have any questions regarding this agreement. However, regardless of whether you have carefully read through this agreement before using Rimoswap Service, you shall be bound by this agreement as long as you use Rimoswap Service. You shall not claim to void or rescind this agreement on the ground that you did not read this agreement or you did not receive any response from Rimoswap to your consultation. You hereby promise to accept and observe this agreement. If you do not agree to this agreement, you shall immediately stop registration/activation or stop using Rimoswap Service. Rimoswap may make or amend this agreement and various rules from time to time as needed and announce the same on the website without any individual notice to you. The amended agreement and rules shall come into effect immediately and automatically upon being announced on the website. If you do not agree to the relevant amendment, you shall immediately stop using Rimoswap Service. If you continue using Rimoswap Service, you shall be deemed as having accepted the amended agreement and rules.
2. Registration and Account
1. Eligibility of Registrants
You hereby confirm that you are an individual, legal person, or other organization with full capacity for civil rights and civil conducts when you complete the registration or actually use Rimoswap Service in any other way allowed by Rimoswap. If you do not have the said capacity, you and your guardian shall undertake all the consequences resulted therefrom, and Rimoswap shall have the right to cancel or permanently freeze your account, and claim against you and your guardian for compensation.
2. Registration and Account
You shall be bound by this agreement once you have filled in the information, read and agreed to this agreement, and completed the registration process following the instructions on the registration page, or you have filled in the information, read and agreed to this agreement, and completed the activation process following the instructions on the activation page, or upon your actual use of Rimoswap Service in a way permitted by Rimoswap. You may log in Rimoswap by your email address or mobile number that you have provided or confirmed or any other means permitted by Rimoswap. You must provide your real name, ID type, ID number, and other information required by the laws and regulations. If any information you have provided during the registration is inaccurate, Rimoswap will not take any responsibility, and any loss, direct or indirect, and adverse consequences resulted therefrom will be borne by you. Rimoswap accounts can only be used by the person whose name they are registered under. Rimoswap reserves the right to suspend, freeze, or cancel accounts that are used by persons other than the persons whose names the accounts are registered under. Rimoswap will also not take legal responsibility for these accounts.
3. User’s Information
During the registration or activation, you shall accurately provide and timely update your information by following the instructions on the relevant page according to the laws and regulations in order to make it truthful, timely, complete, and accurate. If there is any reasonable doubt that any information provided by you is wrong, untruthful, outdated, or incomplete, Rimoswap shall have the right to send you a notice to make an enquiry and demand corrections, remove relevant information directly, and, as the case may be, terminate all or part of Rimoswap Service to you. Rimoswap will not take any responsibility, and any loss, direct or indirect, and adverse consequences resulted therefrom will be borne by you. You shall accurately fill in and timely update your email address, telephone number, contact address, postal code, and other contact information so that Rimoswap or any other user will be able to effectively contact you. You shall be solely and fully responsible for any loss or extra expenses incurred during the use of Rimoswap Service by you if you cannot be contacted through this contact information. You hereby acknowledge and agree that you have the obligation to keep your contact information effective and to take actions as required by Rimoswap if there is any change or update.
4. Account Security
You shall be solely responsible for the safekeeping of your Rimoswap account and password on your own, and you shall be responsible for all activities under your log-in email, Rimoswap account, and password (including but not limited to information disclosure, information posting, consent to or submission of various rules and agreements by clicking on the website, online renewal of the agreement, or online purchase of services, etc.). You hereby agree that:
a) you will notify Rimoswap immediately if you are aware of any unauthorized use of your Rimoswap account and password by any person or any other violations of the security rules;
b) you will strictly observe the security, authentication, dealing, charging, withdrawal mechanism, or procedures of the website/service; and
c) you will log out the website by taking proper steps at the end of every visit. Rimoswap shall not and will not be responsible for any loss caused by your failure to comply with this provision. You understand that Rimoswap needs reasonable time to take action upon your request, and Rimoswap will not undertake any responsibility for the consequences (including but not limited to any of your losses) that have occurred prior to such actions.
3. Rimoswap Service
Through Rimoswap Service and other services provided by Rimoswap and its affiliates, members may post deal information, access the pricing and dealing information of a deal and carry out the deal, participate in activities organized by Rimoswap, and enjoy other information services and technical services. If you have any dispute with other members arising from any transaction on Rimoswap, once such dispute is submitted by one or both of you and the other member to Rimoswap for dispute resolution, Rimoswap shall have the right to make a decision at its sole discretion. You hereby acknowledge and accept the discretion and decision of Rimoswap. You acknowledge and agree that Rimoswap may, on requests from governmental authorities (including judicial and administrative departments), provide user information provided by you to Rimoswap, transaction records, and any other necessary information. If you allegedly infringe upon any other’s intellectual rights or other legitimate interests, Rimoswap may provide the necessary ID information of you to the interest holder if Rimoswap preliminarily decides that the infringement exists. All the applicable taxes and all the expenses in relation to hardware, software, service, etc. arising during your use of the Rimoswap Service shall be solely borne by you. By using this service, you accept that all trade executions are final and irreversible. By using this service, you accept that Rimoswap reserves the right to liquidate any trades at any time regardless of the profit or loss position.
4. User’s Guide of Rimoswap Service
You hereby promise to observe the following covenants during your use of Rimoswap Service on Rimoswap: All the activities that you carry out during the use of Rimoswap Service will be in compliance with the requirements of laws, regulations, regulatory documents, and various rules of Rimoswap, will not be in violation of public interests, public ethics, or others' legitimate interests, will not constitute evasion of payable taxes or fees, and will not violate this agreement or relevant rules. If you violate the foregoing promises and thereby cause any legal consequences, you shall independently undertake all of the legal liabilities in your own name and hold Rimoswap harmless from any loss resulted from such violation. During any transaction with other members, you will be in good faith, will not take any acts of unfair competition, will not disturb the normal order of online transactions, and will not engage in any acts unrelated to online transactions. You will not use any data on Rimoswap for commercial purposes, including but not limited to using any data displayed on Rimoswap through copying, dissemination, or any other means without prior written consent of Rimoswap. You will not use any device, software, or subroutine to intervene or attempt to intervene in the normal operation of Rimoswap or any ongoing transaction or activities on Rimoswap. You will not adopt any action that will induce an unreasonable size of data loading on the network equipment of Rimoswap. You acknowledge and agree: Rimoswap shall have the right to unilaterally determine whether you have violated any of the covenants above and, according to such unilateral determination, apply relevant rules and take actions thereunder or terminate services to you, without your consent or prior notice to you. As required to maintain the order and security of transactions on Rimoswap, Rimoswap shall have the right to close relevant orders and take other actions in case of any malicious sale or purchase or any other events disturbing the normal order of transaction of the market. If your violation or infringement has been held by any effective legal documents issued by judicial or administrative authorities, or Rimoswap determines at its sole discretion that it is likely that you have violated the terms of this agreement or the rules or the laws and regulations, Rimoswap shall have the right to publish on Rimoswap such alleged violations and the actions that have been taken against you by Rimoswap. As to any information you may have published on Rimoswap that allegedly violates or infringes upon the law, others' legitimate interests, or this agreement or the rules, Rimoswap shall have the right to delete such information without any notice to you and impose punishments according to the rules. As to any act you may have carried out on Rimoswap, including those you have not carried out on Rimoswap but have had impacts on Rimoswap and its users, Rimoswap shall have the right to unilaterally determine its nature and whether it constitutes a violation of this agreement or any rules, and impose punishments accordingly. You shall keep all the evidence related to your acts on your own and shall undertake all the adverse consequences resulted from your failure to discharge your burden of proof. If your alleged violation of your promises causes any losses to any third party, you shall solely undertake all the legal liabilities in your own name and hold Rimoswap harmless from any loss or extra expenses. If, due to any alleged violation by you of the laws or this agreement, Rimoswap incurs any losses, is claimed by any third party for compensation, or suffers any punishment imposed by any administrative authorities, you shall indemnify Rimoswap against any losses and expenses caused thereby, including reasonable attorney’s fees.
5. Scope and Limitation of Liability
Rimoswap will provide Rimoswap Service at an “as is” and “commercially available” condition. Rimoswap disclaims any express or implied warranty with regards to
Rimoswap Service, however, including but not limited to applicability, free from error or omission, continuity, accuracy, reliability, or fitness for a particular purpose.
Meanwhile, Rimoswap disclaims any promise or warranty with regards to the effectiveness, accuracy, correctness, reliability, quality, stability, completeness, and timeliness of the technology and information involved by Rimoswap Service. You are fully aware that the information on Rimoswap is published by users on their own and may contain risks and defects. Rimoswap serves merely as a venue for transactions. Rimoswap serves merely as a venue where you acquire coin-related information, search for counterparties of transactions, and negotiate and conduct transactions, but Rimoswap cannot control the quality, security, or legality of the coin involved in any transaction, truthfulness or accuracy of the transaction information, or capacity of the parties to any transaction to perform its obligations under the transaction documents. You shall cautiously make judgments on your own on the truthfulness, legality, and effectiveness of the coin and information in question, and undertake any liabilities and losses that may be caused thereby. Unless expressly required by laws and regulations or any of the following circumstances occurs, Rimoswap shall not have any duty to conduct preliminary reviews on information data, transaction activity, and any other transaction-related issues of all users: Rimoswap has reasonable cause to suspect that a particular member and a particular transaction may materially violate the law or agreement. Rimoswap has reasonable cause to suspect that the activities conducted on Rimoswap by a member may be illegal or improper. You acknowledge and agree, Rimoswap shall not be liable for any of your losses caused by any of the following events, including but not limited to losses of profits, goodwill, usage, or data, or any other intangible losses (regardless of whether Rimoswap has been advised of the possibility of such losses): use or failure to use Rimoswap Service. unauthorized use of your account or unauthorized alteration of your data by any third parties. expenses and losses incurred from purchase or acquisition of any data or information or engagement in transaction through Rimoswap Service, or any alternatives of the same. your misunderstanding of Rimoswap Service. any other losses related to Rimoswap Service which are not attributable to Rimoswap. In no event shall Rimoswap be liable for any failure or delay of service resulted from regular equipment maintenance of the information network, connection error of information network, error of computers, communication, or other systems, power failure, strike, labor disputes, riots, revolutions, chaos, insufficiency of production or materials, fire, flood, tornado, blast, war, governmental acts, or judicial orders. You agree to indemnify and hold harmless Rimoswap, its contractors, and its licensors, and their respective directors, officers, employees, and agents from and against any and all claims and expenses, including attorneys’ fees, arising out of your use of the Website, including but not limited to out of your violation of this Agreement.
6. Termination of Agreement
You hereby agree that, Rimoswap shall have the right to terminate all or part of Rimoswap Service to you, temporarily freeze or permanently freeze (cancel) the authorizations of your account on Rimoswap at Rimoswap’s sole discretion, without any prior notice, for whatsoever reason, and Rimoswap shall not be liable to you; however, Rimoswap shall have the right to keep and use the transaction data, records, and other information that is related to such account. In case of any of the following events, Rimoswap shall have the right to directly terminate this agreement by canceling your account and shall have the right to permanently freeze (cancel) the authorizations of your account on Rimoswap and withdraw the corresponding Rimoswap account thereof: after Rimoswap terminates services to you, you allegedly register or register in any other person’s name as Rimoswap user again, directly or indirectly; the main content of user’s information that you have provided is untruthful, inaccurate, outdated, or incomplete; when this agreement (including the rules) is amended, you expressly state and notify Rimoswap of your unwillingness to accept the amended service agreement; any other circumstances where Rimoswap deems it should terminate the services. After the account service is terminated or the authorizations of your account on Rimoswap is permanently frozen (canceled), Rimoswap shall not have any duty to keep or disclose to you any information in your account or forward any information you have not read or sent to you or any third party. You agree that, after the termination of the agreement between you and Rimoswap, Rimoswap shall still have the rights to: keep your user’s information and all the transaction information during your use of Rimoswap Service. Claim against you according to this agreement if you have violated any laws, this agreement, or the rules during your use of Rimoswap Service. After Rimoswap suspends or terminates Rimoswap Service to you, your transaction activities prior to such suspension or termination will be dealt with according to the following principles and you shall take care of them on your own efforts and fully undertake any disputes, losses, or extra expenses caused thereby and keep Rimoswap harmless from any losses or expenses: Rimoswap shall have the right to delete, at the same time of suspension or termination of services, information related to any un-traded coin tokens that you have uploaded to Rimoswap prior to the suspension or termination. If you have reached any purchase agreement with any other member prior to the suspension or termination but such agreement has not been actually performed, Rimoswap shall have the right to delete information related to such purchase agreement and the coins in question. If you have reached any purchase agreement with any other member prior to the suspension or termination and such agreement has been partially performed, Rimoswap may elect not to delete the transaction; provided, however, Rimoswap shall have the right to notify your counterparty of the situation at the same time of the suspension or termination.
7. Privacy Policy
Rimoswap may announce and amend its privacy policy on the platform of Rimoswap from time to time and the privacy policy shall be an integral part of this agreement.