You must have attained the age of majority and must be of full legal capacity under the law applicable to you to access and use the Services and the Site.
According to your citizenship and regulations of the countries or areas that you are at, you may not be able to use part or all of the functions of the Services or the Site. In addition, AMIS may at any time refuse to provide services to the individuals, groups or areas set forth on the high risk or sanction list according to the relevant AML and CFT regulations and policies.
The Service is for the user to create a digital wallet to receive or manage specific digital assets (“Wallet”), and for the user to submit instructions to the specific digital assets protocols (“Protocols”), including without limitation of sending or initiating the transaction of specific digital assets or smart contract (“Transactions”).
Management of Wallet and Private Key
The Services provide you to create your own wallet or digital assets addresses through specific algorithms and encryption methods. The corresponding key which is used to access or verify your Wallet or digital assets addresses (“Private Key”) would be divided into two or more segments (“Shares of Private Key”). Your Wallet can only be accessed or recovered through the Shares of Private Key and the specific algorithm. According to the Service you apply to or chose, your Shares of Private Key may be managed by:
(b) you and AMIS; or
(c) you, AMIS, and the third party you appoint.
You hereby understand that any access of the Wallet or initiation or verification of the Transactions can only be executed through your Private Key or Shares of Private Key. The loss of specific Shares of Private Key may cause the consequence of inaccessible or irrecoverable of your digital assets. You hereby agree that you are sole responsible for the consequence of any loss or leakage of the Shares from you or the third party you appoint to manage your Shares.
Management of Transaction Password
For the convenience of your management, the Service may require you to set up a password which is a representation of your Shares of Private Key and can be used to calculate your Shares of Private Key (“Transaction Password”). The Transaction Password is only known by you. In order to calculate your Shares of Private Key for submitting your instruction of Transaction to the Protocols, you will be required to enter your Transaction Password every time when you want to initiate a Transaction.
You acknowledge and agree that, for the safety of your digital assets, AMIS, the Services, or any third party would NOT in any way record or keep your Transaction Password, and the Services are technically incapable to submit any Transaction of your digital assets WITHOUT your Transaction Password. Therefore, you will not be able to access, recover, or transact your digital assets if you lose your Transaction Password.
The Services may provide you a backup option to encrypt and backup your Transaction Password. Through such backup option, you may store the encrypted backup file in the storage provided by the third party you choose. Once you lose the Transaction Password, you may use the backup file to decrypt and reset your Transaction Password. However, you agree that you shall keep your backup file safely, and you are solely responsible for the consequence of the loss or leakage of such backup file.
You acknowledge that the Services or AMIS do not govern the Protocols, and the functions, rules, names, or operation of the Protocols of your digital assets may be changed or updated subject to the Protocols. Such changes or updates may result in the fork of your digital assets Protocols and may further create a new type of digital asset. You agree that the Services may, at its sole discretion, decide whether to terminate the support of such digital assets, and whether to support such new types of digital assets. If you intend to receive such new types of digital assets and AMIS decided not to support such new types of digital assets (or do not announce relevant information before such fork), please move your digital assets to other service providers that support such fork before such fork take place.
Before using the Services, you are required to register a user account through the Site (“User Account”), and the User Account will allow you to be a registered user for accessing the Service and this Site after you complete all the activation procedures. According to the policy and the regulations, you will be required to provide certain personal information. Your access to the Services and the limits may be based on the identifying information and proof of identity you provide to us and is subject to AMIS’s sole discretion.
By activating your User Account or accessing the Service and the Site, you are deemed to agree to provide accurate, current and complete information about you and promptly update such information thereafter to keep it accurate, current and complete; and irrevocably grant AMIS the right to process your personal information and other information, including but not limited to your records in trades.
Information Protection Measures
You should be responsible for your User Account and Transaction Password, including but not limited to maintaining adequate security and control of the Transaction Password. When choosing your Transaction Password, please do not create it using easily identifiable or predictable information. You must not share your Transaction Password with any other third party, knowingly or accidentally share, provide or make your Transaction Password available to any other third party, or otherwise enable any other third party to access or decipher your Transaction Password. In addition, you shall take necessary and reasonable measures to and due care in keeping your Transaction Password confidential and preventing your User Account and Transaction Password from being used by any other third party. Any leakage of the Transaction Password may result in unauthorized access to your User Account or Wallet by third parties and the loss or theft of any digital currency. Since you are the owner of your User Account, and you are responsible for taking necessary and responsible measures to keep your User Account, you agree to take sole responsibility for any activities or actions under your User Account. If you believe your User Account and Transaction Password may have been disclosed to a third party, lost or stolen or unauthorized transactions may have been conducted, you are responsible for notifying us immediately.
Refuse to Use, Restriction, and Suspension
AMIS reserves the right, at its sole discretion, to refuse your registration or activation with the Services and the Site. We may also restrict or suspend your access or use of the Services or the Site, at our sole discretion, based on following reasons or purposes:
(a) to comply to our risk control policy,
(b) to limit the number of User Account that a single user may establish or maintain,
(c) activities or actions under your User Account is
(d) any information provided during the registration process or later is inaccurate, not current or incomplete, or
You acknowledge that due to the nature of blockchain protocols, once you submit an instruction of the Transaction, such Transaction may not be able to be reversed or canceled. You agree that you are solely responsible for the consequence of any error or mishandling caused by your using of the Services.
You acknowledge and agree that we are not responsible for any delay and failure due to the insufficient amount of your Wallet, blockchain system delay or instability, or any similar reasons
You confirm and agree that we may, based on factors such as request of the laws or regulations, security of transaction, or any other operating consideration, set and adjust the limitation of frequency or minimum amount and maximum amount of your Transaction.
Anti-Fraud, Anti-Money Laundering and Counter Terrorism
You hereby authorize AMIS to, directly or through third parties, including, without limitation to, its affiliates, the banks that are in collaboration with AMIS, relevant AML and CFT system and database make any inquiries we consider necessary to verify your identity, including to query identity information contained in public reports, and to take action we reasonably deem necessary based on the results of such inquiries and reports.
You hereby agree that AMIS and its affiliates may implement certain customer due diligence process and ongoing analysis and reporting to comply with the applicable regulations or policies of anti-money laundering and counter terrorism. This includes monitoring of suspicious transactions and mandatory or voluntary reporting to regulators. AMIS hereby reserves the right to disclose such information and documentation to the banks that are in collaboration with AMIS or government authorities. This will apply even when you terminate your relationship with AMIS, and vice versa, or abandon your application to have an account with the Services.
You hereby agree that AMIS and its Affiliates shall not be responsible for the damages or disinterests caused by the actions took according to this section.
Fees and Taxes
By using the Services, you agree to pay all applicable fees, including but not limited to the fee for the services provided by the third party of the Protocol or the fee for AMIS to provide the Services. You agree and authorize AMIS to automatically deduct fees and any amount payable directly from your Wallet. All fees and amount payable will be clearly displayed on the Site or addressed to you through the webpage, and such fee schedules may be amended, changed, or updated by AMIS at any time and without prior notice to you. The fee schedules displayed or addressed to you at the time of your using shall be final and binding.
It is your sole responsibility to determine whether, and to what extent, any taxes apply to any actions you conduct through the Services or this Site, and to pay or declare the correct amounts of taxes to the appropriate tax authorities. AMIS surrenders your personal information and/or your transaction history in response to tax authorities if such information is requested by tax authorities.
Digital assets are not fiat currency and digital assets do not have intrinsic value. The legal status of digital assets may affect the legal obligations, reporting obligations, and tax obligations in relation to holding, investing, or trading digital assets. You are solely responsible for checking the legal status or requirement of digital assets and for complying with any and all applicable laws and taxation or reporting requirements. In addition, trading in digital assets entails certain risks. There is no assurance that any person will accept digital assets as payment for goods or services and it is possible that the use or transaction of digital assets may be expressly prohibited by legislation in a particular jurisdiction. Whether you are suitable to engage in the purchase or sale of digital assets will be dependent on your personal financial situation and tolerance for risk. By using the Services and this Site, you agree that you are fully aware of the related risks and considerations and waive any and all claims against AMIS and its affiliates for all losses or damages that may arise from your purchase or sale of digital assets. This Risk Disclosure Statement is for your reference only. It cannot and does not disclose all risks and other aspects involved in holding or trading in digital assets
Disclaimer of Warranty
The Services, this Site, and the content provided hereunder may contain certain issues that have not been identified. The Services, this Site, and the content are provided on an “AS IS” basis. You are advised to use the Services, this Site, and the content with caution, to make the necessary verifications and use your own judgement, and not to rely in any way on performance of the Services, this Site, and the content and accompanying instructions or materials. AMIS makes no warranty that AMIS will continue to offer or make available the Services, this Site, and the content, including without limitation any particular function for any particular length of time and AMIS reserves the right to change and update the Services, this Site, and the content without notice to you. AMIS makes no warranties of any kind in connection with the Services, this Site, and the content, or modifications or improvements thereto. AMIS specially disclaims all implied warranties.
No advice or information, whether oral or written, obtained from AMIS or through the Services or this Site or the content, will create any warranty not expressly made herein. You are solely responsible for all of your trading or holding of digital assets.
Limitation of Liability
You confirm and agree that, to the maximum extent permitted by law, AMIS and its affiliates shall only be liable for the direct damages caused by gross negligence or intentional misconduct of AMIS while providing AMIS and its affiliates shall not exceed the US dollar value of the digital assets on deposit in your Wallet at the time of the occurrence of such negligence or misconduct.
You confirm and agree that AMIS and its affiliates shall not be liable for any damage or loss in relation to or arising from any suspension, delay, or failure of your Transactions if such suspension, delay, or failure is the consequence of one of the following events:
(b) act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, DOS (denial-of-services) attacks, other catastrophe or any other occurrence which is beyond AMIS’s reasonable control.
You acknowledge and agree that in no event shall AMIS and its affiliates be liable for any damage or loss that is not reasonably foreseeable.
Change of Control
In the event that AMIS is acquired by or merged with a third party entity, we reserve the right, in any of these circumstances, to transfer or assign the information we have collected from you as part of such merger, acquisition, sale, or other change of control.
Choice of Law and Forum
AMIS shall not be liable for delays, failure in performance or interruption of the Services, this Site, or Content which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to, any delay or failure due to any act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, DOS (denial-of-services) attacks, rapid fluctuation of price of any given supported digital assets, other catastrophe or any other occurrence which is beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions. Without limiting the generality of the foregoing, AMIS shall not bear any liability, whatsoever, for any damage or interruptions caused by any computer viruses, spyware, Trojan horses, worms or other malware that may affect your computer or other equipment, or any phishing, spoofing or other attack.
The meanings of terms, conditions and representations herein are subject to definitions and interpretations in the English language. Any translation provided may not accurately represent the information in the original English. In case of any discrepancy, the English version shall prevail.