Introduction
Websea provides users with digital asset derivative trading services through the establishment of an independent feature trading service webpage (https://www.Websea.com) ("webpage" or "we").
When using the webpage and the services provided on the webpage ("Services"), you ("you" or "the user") must comply with the provisions stated in these terms and conditions ("Terms"). This agreement constitutes the entire agreement between the webpage and the user ("both parties"). Unless otherwise agreed, any other information the webpage provides, or any oral/written statements made does not bind the webpage and the user. Documents such as trading policies and operating guidelines are only for guidance and do not constitute legally binding agreements between both parties.
By accessing, browsing, or downloading information from the webpage and using the services provided by the Websea Feature trading platform, you acknowledge that you have read and understood these terms and agree to be bound by them unconditionally. The Websea feature trading platform may modify these terms at any time without prior notice. You agree that the webpage has the right to modify, change, or delete these terms without notifying you, and you agree that any modified terms will be binding on you. You acknowledge that it is your responsibility to review these terms for any changes regularly. If you continue to use the webpage and the services provided by the Websea feature trading platform after any modifications to these terms have been posted, you accept such changes.
The copyright of all text, graphics, images, software, and any other materials on the webpage and related to the Services belongs to the Websea feature trading platform, including all trademarks and other intellectual property rights related to the webpage materials and services. The materials on this webpage are for personal use only and may not be used for commercial purposes.
You may excerpt content from the webpage to display on a computer screen or print for the aforementioned purposes. Still, you must retain any copyright and other ownership notices or any Websea feature trading platform trademarks or logos on the original print or downloaded content without making any changes, additions, or deletions. Except as explicitly provided in these terms, without prior written permission from the Websea feature trading platform, you may not alter, modify, copy, distribute, or use any materials on the webpage in any other commercial environment.
Under no circumstances will you acquire any rights to the webpage or anything related to the webpage (except for the right to use the webpage under these terms and any other specific terms and conditions applicable to particular services or sections of the webpage) or claim to have any such rights to the webpage or anything related to the webpage.
Definitions
In this agreement, unless otherwise specified in the terms and conditions under this agreement, the following terms or expressions shall have the following meanings:
"Agreement": refers to the terms of use and conditions stated in this agreement.
"Websea Feature Trading Platform": refers to a company incorporated in Hong Kong
"Data": refers to any data you input into the webpage yourself or authorize to be input.
"Intellectual Property Rights": refers to registered or unregistered design rights, patents, copyrights, database rights, data protection rights, trademarks, service marks, moral rights, proprietary technologies, and any other intellectual property or industrial rights registered or unregistered anywhere in the world.
"Member" refers to any registered Websea Feature Trading Platform user.
"Service": refers to all services provided through the webpage (which may be changed or updated by the Websea Feature Trading Platform from time to time).
1. Access Conditions
1.1: You must ensure that all usernames and passwords required to access the webpage are secure and confidential. If there is any unauthorized use of your password or any other violation of security regulations, you should immediately notify Websea, and Websea will reset your password.
1.2: When accessing and using the service:
a) You must not attempt to undermine the security or integrity of the webpage's computer systems or networks, or if it is a third-party hosted service, undermine the security or integrity of that third-party's computer systems and networks.
b) The use of the service must not impair the functionality of the service or system, be used to transmit the functionality of other systems used for the service, or impair the ability of any other user to use the service or webpage, nor should it be abused in any of the ways above.
c) You must not attempt to gain unauthorized access to the computer system hosting this webpage or any other materials beyond those you have explicit access permission.
d) You must not transmit or input any documents that may damage the computer equipment or software of any other person, offensive content, or materials or data that violate any laws (including data or other materials protected by copyright or trade secrets that you are not authorized to use).
e) You must not attempt to modify, copy, adapt, reproduce, disassemble, decompile, or reverse engineer any computer program used to provide the Services or operate the webpages, except where such use is necessary for regular operation;
f) Ensure that all usernames and passwords required to access the webpage are secure and confidential. If there is any unauthorized use of your password or any other violation of security regulations, you should immediately notify Websea, and Websea will reset your password.
1.3: The use of the service may be subject to limitations, including but not limited to allowed trading volume and the number of calls to the webpage application interface. We will inform you of any such limitations.
1.4: By registering as a member, you represent and warrant that:
a) You accept these terms;
b) You are at least 18 years old and have the capacity to accept these terms;
c) You legally own the funds transferred to your webpage account, and the source of these funds is legal;
d) The use of the webpage service will not violate the laws of your jurisdiction;
e) You are aware of the risks associated with using the services provided by the webpage. These risks include the high volatility risk of digital assets themselves and the risk of losing all funds in your trading account when market trends are unfavorable to you;
f) You will not engage in or initiate any form of market manipulation, including deceptive orders or other behaviors;
g) The information or documents provided in any identity verification process are accurate, true, and up-to-date;
h) Any digital asset withdrawal address you provide is your address, and you have full control over that address;
i) You also warrant that you are not listed on any trade or economic sanction list, such as the United Nations Security Council sanctions list；
j) You are not a resident of Hong Kong, Cuba, Iran, North Korea, Crimea, Sudan, Syria, Turkey, the United States (including all U.S. territories such as Puerto Rico, American Samoa, Guam, Northern Mariana Islands, U.S. Virgin Islands (St. Croix, St. John, and St. Thomas)), Israel, Iraq, Bangladesh, Bolivia, Ecuador, Kyrgyzstan, Sevastopol, or any other jurisdiction where the services provided by the webpage are restricted. You must pass the identity verification process to receive services from the webpage. Suppose it is determined that you have provided false information regarding your place of residence. In that case, Websea may immediately close your account, cancel orders, and settle any open trades at the prevailing market price. If Websea incurs any losses, it will directly deduct or recover them.
1.5: Websea reserves the right to verify your identity at any time to comply with relevant legal requirements.
1.6: We may impose certain transaction restrictions before you are required to undergo Customer Due Diligence (CDD). You agree to cooperate with us during this process and provide all documents/information requested to verify your identity and establish business relationships.
1.7: We may freeze any account when we suspect or have reason to believe you are involved in suspicious transactions or other activities or have violated any of the warranties mentioned above. This may result in the reversal of any transactions you have completed. We explicitly state that we are not responsible for any losses incurred due to the cancellation of orders and liquidation or your inability to trade on the webpage. If any third-party claims arising from your actions or our cancellation of orders and liquidation, you agree to indemnify us fully. During the period when your account is frozen, we will conduct an investigation and may request your cooperation. During the investigation, you cannot make deposits or withdrawals from your account or engage in trading. After the investigation, we reserve the right to close your account at our discretion without providing any reasons for such closure.
1.8: We reserve the right to close your account after giving you seven working days' notice. Therefore, you have seven working days to cancel orders and liquidate positions. Suppose you fail to cancel orders and liquidate positions by the expiration of this deadline. In that case, we will forcibly cancel orders and liquidate positions and return any remaining digital assets in your account to you.
1.9: You are responsible for providing accurate details, including your withdrawal address. We are not responsible for any failure to receive the extracted digital assets due to inaccurate or expired information provided by you. You are also responsible for ensuring that transactions sent to Websea are in the correct format and denominated in the correct and valid currency. Websea Feature Trading Platform is not responsible for any inaccurate transactions, including but not limited to sending Litecoins to Bitcoin addresses.
1.10: We have a responsibility to maintain orderly markets. Therefore, at our discretion, we may suspend trading on the webpage in case of market disruptions or other relevant external events. We are not responsible for any alleged losses or profit declines resulting from the suspension of trading.
1.11: To protect the rights of investors, the platform has the authority to settle features in advance under particular circumstances, such as system failures, network failures, extreme market conditions, etc. The feature varieties, feature periods, and settlement prices for advance delivery settlement shall be subject to platform announcements.
2.Intellectual Property
2.1: All intellectual property rights related to all materials used on the webpage, including but not limited to design, structure, layout, graphics, images, and underlying source code, are owned by Websea. All rights reserved.
2.2: You acknowledge that unless otherwise agreed in writing between the parties, all intellectual property rights in the webpage and the webpage itself shall always belong to Websea.
2.3: By submitting any content to any public area of the webpage, including blogs, message boards, and forums, you grant Websea Feature Trading Platform the non-exclusive, perpetual, irrevocable, royalty-free, worldwide right and license to use, copy, modify, adapt, publish, translate, distribute, transmit, perform, display (in whole or in part), create derivative works from, and incorporate such content (in whole or in part) into other works in any form, media, or technology known now or developed in the future. You also permit any subscriber to access, display, browse, store, and reproduce such content for personal purposes.
2.4: By submitting any content to the webpage, you warrant that you have the right to own that content and possess all necessary intellectual property rights associated with it.
3. Privacy Policy
3.1: Websea respects the privacy of users. The webpage's privacy policy, provided separately, describes how Websea Feature Trading Platform collects, stores, discloses, and uses information related to your privacy. By using your information, you agree to Websea's terms in the webpage's privacy policy.
3.2: The webpage user information referred to in this agreement means the information that complies with laws, regulations, and relevant provisions and falls within the following scope:
a) Personal information provided by users to Websea Feature Trading Platform when registering on the webpage;
b) User browser or mobile client data automatically received and recorded by Websea Feature Trading Platform when using webpage services, participating in webpage activities, or accessing the webpage, including but not limited to IP addresses, data in webpage cookies, and webpage records requested by users;
c) User personal information obtained legally from business partners by the webpage;
d) Other users' personal information obtained by the webpage through legal means.
3.3: Websea promises:
a) Websea will not disclose users' passwords, names, mobile phone numbers, and other non-public information to any third party without legal reasons or prior user consent.
b) Users' personal information will be partially or fully disclosed under the following legal circumstances:
i. Disclosed to the user or other third parties with the user's consent;
ii. Disclosed to administrative or judicial agencies or other third parties as required by laws, regulations, and other relevant provisions;
iii. Other disclosures made by Websea following laws, regulations, and other relevant provisions.
4. Data Protection
4.1: Websea may store your relevant data information in a database for internal use only. Websea will not disclose your information to any third party except as required by law or unless you instruct otherwise.
5. Third-Party Websites
5.1: Websea provides links to third-party websites unrelated or not affiliated with this webpage (although Websea Feature Trading Platform's brand, advertisements, or links may appear on these websites). BCL may send you email messages containing advertisements or promotions (including third-party links). Websea makes no representations or warranties regarding the materials' quality, suitability, functionality, or legality on the linked third-party websites or any goods and services provided on those websites. The provision of such materials is solely for your interest and convenience. Websea does not monitor or investigate third-party websites, and Websea is not responsible or liable for any loss incurred due to the accuracy of content or materials. The views expressed in the materials should not be construed as endorsement, recommendation, or opinion of Websea.
5.2: Under no circumstances may you create hyperlinks to any webpage without prior consent from Websea. Suppose you have already created a hyperlink to any webpage. In that case, you acknowledge that you are fully responsible for the direct and indirect consequences of that link, and you shall indemnify Websea for all losses, liabilities, expenses, or expenditures arising from or related to that link.
6. Representations and Warranties
6.1: By accepting this, you acknowledge and warrant that:
a) You have obtained authorization to access and use the webpage, especially if the jurisdiction in which you reside, hold citizenship, or conduct business permits you to use webpage services.
b) If you are using the webpage on behalf of any organization or for the benefit of any organization, you are assumed to have the authority to use the webpage. The organization will be responsible for your actions, including any violations of these terms.
c) Your use of this webpage and its services is at your own risk, and you agree that Websea shall not be liable for any damages or harm caused by your use of this webpage and its services.
d) The information provided on the webpage is for general reference purposes only and is provided in good faith. However, this information is selectively chosen, and Websea does not verify all the information, so it may be incomplete or inaccurate for you. Please only rely on such information with further inquiry. This information should not be construed as specific trading or service usage advice provided by Websea.
e) Websea does not guarantee uninterrupted or error-free use of the webpage. Additionally, the operation and availability of the systems used to access the webpage, including public telephone services, computer networks, and the internet, are unpredictable and may interfere with or hinder webpage access. Websea shall not be liable for any interference that prevents or hinders your access or use of the webpage and services.
6.2: Websea does not provide any warranties regarding the webpage. Without limiting the foregoing, Websea does not warrant that the webpage will meet your requirements or be suitable for your purposes. To the maximum extent permitted by law, Websea does not make any implied warranties or conditions, including but not limited to warranties of merchant ability, fitness for a particular purpose, ownership, and non-infringement.
6.3: You represent and warrant that you have obtained access and usage rights to the webpage for commercial purposes and agree to these terms. To the maximum extent permitted by law, any statutory consumer warranties or laws protecting non-business consumers in any jurisdiction do not apply to the content provided on this webpage or these terms.
7. Service Performance
7.1: Websea does not assume any responsibility for the timely operation of the webpage on the internet environment when you or a third party provide computer equipment, and the product relies on any of its functionalities.
7.2: By using this service, you acknowledge that you understand that the timely operation of the Internet and the World Wide Web is beyond the control of Websea. You acknowledge that Websea is not responsible for any perceived slow performance of the webpage.
7.3: By using this service, you accept that all transaction execution operations are final and irreversible.
7.4: By using this service, you accept that Websea reserves the right to liquidate any transaction at any time, regardless of profit or loss position.
7.5: Websea does not guarantee:
a) That the service will meet your requirements.
b) That the service will be uninterrupted, timely, secure, or error-free.
c) The accuracy, reliability, or correctness of the information provided through the service.
d) The correction of any errors or defects, or the availability of the service at any specific time or location.
7.6: You assume all responsibility and risk for using the service, including any liability or loss incurred.
8. Indemnification
8.1: In the event that you use the webpage, including but not limited to any violation of this agreement, and it results in any and all claims and expenses (including attorney fees), you agree to indemnify Websea, its contractors, licensors, and their respective directors, executives, employees, and agents, ensuring that they are not harmed by it.
9. Disclaimer and Limitation of Liability
9.1: As a third-party platform operating the webpage as a "network service provider," Websea does not guarantee that the information and services on the webpage platform will fully meet the user's needs. Websea does not assume legal responsibility for errors, insults, defamation, inaction, obscenity, pornography, or blasphemy incidents that users may encounter while accepting Websea services and using the webpage.
9.2: Due to the unique nature of the internet, Websea also does not guarantee uninterrupted service, nor does it guarantee the timeliness and security of the service. It does not assume liability for any responsibilities that are not caused by Websea. Websea strives to provide users with secure access and usage of the website, but Websea does not declare or guarantee that the website or its servers are free from viruses or other potentially harmful factors. Therefore, users should use industry-recognized software to scan for any viruses in downloaded files from Websea.
9.3: Due to the unique nature of the internet, Websea also does not guarantee uninterrupted service, nor does it guarantee the timeliness and security of the service. It does not assume liability for any responsibilities that are not caused by Websea. Websea strives to provide users with secure access and usage of the webpage, but Websea does not declare or guarantee that the webpage or its servers are free from viruses or other potentially harmful factors. Therefore, users should use industry-recognized software to scan for viruses in downloaded webpage files.
9.4: Unless explicitly stated in writing, Websea does not guarantee the accuracy, completeness, or reliability of any content or information obtained by the user from this webpage, including but not limited to advertisements. Websea does not assume responsibility for any products, services, information, or materials purchased or obtained by the user based on the content information on this webpage. Users assume all risks associated with using the webpage's content information.
9.5: All user comments posted on the website represent the users' personal opinions and do not imply endorsement or confirmation by BCL. BCL does not assume any legal responsibility for user comments.
9.6: Websea has the right to delete any information on the website that violates legal or contractual provisions without notifying the users.
9.7: All notices sent to users will be delivered through official website announcements, internal messages, emails, customer service calls, text messages, or regular mail. Websea does not assume any legal responsibility for activities or information, such as winnings or promotions obtained through unofficial website channels.
9.8: Websea has the right to adjust the fees for recharge, withdrawal, and transactions based on market conditions and has the authority to terminate the free promotional period.
10. Calculations
10.1: All calculations performed by the website engine and verified by the website are considered final results. As stated in Article 6.1, Websea does not guarantee uninterrupted or error-free use of this website.
11. Compliance with Local Laws
11.1: It is your responsibility to determine whether and to what extent you should report income from any transactions conducted through the service and deduct the corresponding taxes. Additionally, you agree to comply with all local laws. Regarding the prevention of funding terrorism and anti-money laundering activities, the Websea feature trading platform voluntarily conducts due diligence to prevent money laundering and terrorism financing risks and cooperates with local authorities. By using our services, you confirm that your actions are legal and legitimate and your digital assets and fiat currencies do not originate from illegal activities. Websea may, at its discretion or in coordination with local law enforcement agencies, control, restrict, or liquidate your account and digital assets.
12. General Terms
12.1: The Websea feature trading platform not exercising or delaying the exercise of any terms or rights under this agreement shall not be interpreted as a waiver of any rights.
12.2: Neither party shall be held responsible for any failure to fulfill obligations due to reasons beyond reasonable control, including natural disasters, riots, war, malicious acts, fires, power outages, government authority, etc.
12.3: If any provision of this agreement is deemed invalid, unenforceable, or illegal by a court of law, the validity and enforce ability of other provisions shall not be affected. If any provision is deemed unenforceable, you agree that Websea may modify the provision to the extent permitted by relevant laws to ensure the intention of that provision is achieved.
12.4: This agreement is made in accordance with the laws of the Republic of Seychelles, and its establishment, interpretation, content, and execution are subject to the relevant laws of the Republic of Seychelles. Any claims or lawsuits arising from the services provided under this agreement shall be governed, interpreted, and enforced in accordance with the laws of the Republic of Seychelles. For clarity, this provision specifically applies to any claims of infringement against Websea. The exclusive jurisdiction for any claims or lawsuits against Websea or related to Websea shall be in the courts of the Republic of Seychelles. You unconditionally submit to the exclusive jurisdiction of the courts in the Republic of Seychelles for litigation and appeals. You also unconditionally agree that any disputes, issues, claims, or lawsuits arising from or in connection with this agreement shall exclusively be subject to the jurisdiction of the Republic of Seychelles, except as otherwise explicitly agreed upon for other businesses on this website. The principles of the inconvenient forum shall not apply to the selection of courts under this Service Agreement.
12.5: If any provision of this agreement is deemed unlawful, invalid, or unenforceable for any reason, such provision shall be deemed separable and shall not affect the legal effectiveness of any other provisions.
12.6: This agreement's terms establish a complete understanding between the parties regarding the subject matter of the service and replace all prior understandings and communications related to it. Any other documents inconsistent with the provisions specified in this agreement shall not be binding on Websea. You declare and warrant that all information disclosed to Websea relating to this service agreement is true, accurate, and complete.
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