Terms and Conditions

Thank you for becoming a part of www.vg.exchange (the “Site”, “VG.Exchange”), a service provided by VG Partner. The following terms and conditions apply to customers of the Site. By creating an account on our Site or by using any of the Services, automatically means that you have read and agreed to the present Terms in effect from time to time. If you disagree to these Terms and Conditions or to any subsequent amendments, changes, or updates, you may not use any of the Services.
VG.Exchange reserves the right to change or modify the terms and conditions under question at any time, including but not limited to any policy of the Site. We will announce all the modifications on the Site and put the date of the last amendement at the top of the Terms or will inform all the users via registered e-mail address or in any other way determined by VG.Exchange. We would like to ask you to check these Terms and Conditions in order to be sure that you are aware of these Terms of Service is current and correct way.
The use of the Site and any Services may be prohibited by the applicable law of a State.

PREAMBLE

VG.Exchange provides an online service (the "Platform") that allows Users to exchange different blockchain tokens, which are data that typically represents the transaction, access, or other participation rights on corresponding blockchain networks (collectively, “Tokens”). VG.Exchange may provide to Users other ancillary services to facilitate the exchange of tokensm such as lending, limit orders, and stop orders.

1. ELIGIBILITY

By using the Site, you guarantee that you are 18 years old and have never been suspended or removed from the Site before. You also guarantee that you are not in any list of trade or economic sanctions, such as the UN Security Council Sanctions List. If the State of residence of the User becomes a restricted area, VG.Exchange will notify the user who accessed the site from such a country by email, notification or any other way. The contents of this agreement is not subject to the user's national or regional law of exclusion. Therefore, if you do not agree to these requirements, please do not use our services.
You also guarantee that you will not be using this site for any illegal activity, including but not limited to illegal gambling, money laundering, fraud, blackmail, extortion, ransoming data or the financing of terrorism, or other violent activities.
Nevertheless, VG.Exchange may not make the Services, in general or a part of them, available in every market, either in its own decision or due to legal or regulatory requirements, depending on the User’s location.

2. ACCOUNT; THIRD PARTY TRANSFERS

You must create an account (an "Account") with VG.Exchange in order to access and use the Services. You agree to: a) provide accurate, current and complete information while creating the Account; b) maintain and promptly update your Account information to keep it accurate, complete; c) maintain the security and confidentiality of your login credentials and restrict access to your Account and your computer, tablet, or mobile device; d) promptly notify VG.Exchange if you find out or suspect any security breaches related to the Site or your Account; and e) take responsibility for all activities that are processed under your Account and accept all the risks of unauthorized access.
When registering on VG.Exchange you must indicate a valid email address. You agree to keep your email address on file with us updated. You may unsubscribe from receiving emails by sending a notice to VG.Exchange, taking into account the fact that VG.Exchange may suspend or terminate your access to the Services. You should be aware and agree that in case VG.Exchange sends you a message but you do not receive it because your email address on file is incorrect or out of date, or because our email is blocked by your service provider or intercepted by your spam filter, or you are otherwise unable to receive letters, VG.Exchange will be considered to have provided you with the notification regardless.
It is not allowed to exchange Tokens for money on VG.Exchange; Users can only exchange Tokens for other Tokens. In order to fund your Account and begin trading, you will need to first purchase Tokens. Once purchased, you must send Tokens to the address provided by VG.Exchange and wait for the balance to be recharged in your Account. It is you who is responsible for making sure you have sent Tokens to the correct address provided for that particular Token, in other case your funds may never be returned. VG.Exchange can not guarantee the amount of time required to complete transfer of your Tokens from a third party wallet or other source and have such Tokens become available in your Account.
When you chose to transfer Tokens from your Account to a third party wallet or other location, it is always possible the party administering the new location may reject your transfer or that the transfer may fail due to technical or other issues affecting our platform. You agree that you shall not hold VG.Exchange liable for any damages arising from a rejected transfer.
VG.Exchange reserves the right to limit the number of Accounts that any User or such User’s affiliates can open or hold.

3. PRIVACY POLICY

Your privacy is our priority. We can only share your private information with third parties as mentioned in our Privacy Policy or as required to do so by law enforcement, court order, or in compliance with identity verification or legal reporting obligations in VG.Exchange's sole judgment.

4. PRIVACY POLICY OF THE TRANSMISSION OF INFORMATION THOURG THE INTERNET

The transmission of data or information (including communication by e-mail) through the Internet or other networks with free access may not always be secure and is subject to possible loss, interception, or alteration while transmission. According to thins, VG.Exchange does not assume any liability, without limitation, for any loss or damage you may experience or costs you resulting from any transmissions through the Internet or other networks with free access, including but not limited to transmissions involving the Platform or e-mail with VG.Exchange containing your personal information. Meanwhile VG.Exchange will take commercially reasonable efforts to ensure the privacy of the information you provide to VG.Exchange and will treat such information in accordance to the VG.Exchange's Privacy Policy, in no case will the information you provide to VG.Exchange be deemed to be confidential, create any fiduciary obligations for VG.Exchange, or result in any liability for VG.Exchange in case such information is negligently released by VG.Exchange or accessed by third parties without VG.Exchange's consent.

5. RISK DISCLOSURE STATEMENT

VG.Exchange provides an execution-only service. We do not advise on the merits of any particular transactions or their tax consequences. As a general matter, Users should be aware of the following prior to utilizing our Services.
Trading Tokens can be extremely risky.
Each Token has a unique feature set that makes it more or less likely to fluctuate in value. In addition, factors beyond VG.Exchange’s control may affect market liquidity for a particular Token, such as regulatory activity, market manipulation, or unexplainable price volatility. Blockchain networks may go out of order because of bugs, hard forks, or other unpredictable reasons. VG.Exchange does not assume the risk of losses due to trading or due to factors beyond its control regarding the viability of specific blockchain networks. As a general matter, we advise Users with limited trading experience and low-risk tolerance not to engage in active trading. Speculating on the value of Tokens is high risk and Users should never trade more than they can afford to lose.
You accept the risk of trading Tokens.
By making any transaction on the Platform, you must assume that you have been, are, and will be solely responsible for making your own independent appraisal and investigations into the risks of the transaction and the underlying Tokens. You state that you are sufficiently aware of market sophistication, have professional advice and enough experience to estimate the advantages and risks of any transaction or any underlying Token.
You are responsible for complying with applicable law.
You agree that VG.Exchange is not responsible for determining whether or which law may apply to your transactions, including tax law. You are solely responsible for reporting and paying any taxes arising from your use of the Services.
You are aware of and accept the risk of operational challenges.
VG.Exchange may become a subject of cyber attacks, unexpected surges in activity, or other operational or technical difficulties that may cause interruptions in the Service. You shiuld understand that the Service may have operational issues that lead to delays on our platform. You agree to accept the risk of transaction failure resulting from unanticipated or heightened technical issues, including those resulting from cyber attacks. You agree not to hold VG.Exchange responsible for any related losses.
VG.Exchange does not advise on trading risk.
If at any point VG.Exchange or its representatives do provide trading recommendations, market commentary, or any other information, the act of doing so is incidental to your relationship with us and imposes no obligation of truth or due diligence on behalf of VG.Exchange or its representatives.
VG.Exchange is a regulated entity and must comply with applicable law.
Applicable law, regulation, and executive orders may require VG.Exchange to, upon request by government agencies, freeze withdrawals or trading (or both), or provide information about your account. Further, our record keeping and customer verification procedures may be changed at any time as required by applicablelaw. We must comply with the law and you accept any inconveniences or other consequences resulting from our compliance.
Users accept all the consequences of sending Tokens to an address of our platform.
Token transactions may be non-reversible. After you have sent Tokens to an address, you accept the risk that you may lose access to your Tokens indefinitely. For example, an address may have been entered incorrectly and the true owner of the address may never be found, or an address may belong to an entity that will not return your Tokens, or an address belongs to an entity that may return your Tokens but first requires action on your part, such as verification of your identity.

6. RIGHTS

You agree: All rights, title and interest in the Services and related software, websites and technology, including all intellectual property rights, are VG.Exchange;
The rights or interests of the Service shall not be transferred except with the limited license granted by this License;
The Service is protected by copyright and intellectual property law. VG.Exchange reserves all rights not expressly granted under these Terms;
The Site has the right to inquire, freeze or deduct the items and accounts of the user in the account according to the requirements of the judicial organs, administrative organs and military organs including, but not limited to, public security organs, procuratorial organs, courts, customs and tax authorities;
The user has the right to modify the individual information in the account of, choose their own nickname and enter the introductory text, to decide whether to provide non-essential items;
Users have the right to participate in VG.Exchange network organizations to commit online and offline activities;
If the user has any objection to the amendment to this agreement or is not satisfied with the services of VG.Exchange, the following rights may be exercised:
to stop using VG.Exchange network through network services; customer service and other channels to inform the VG.Exchange network to stop its services. After the end of the service, the user's right to use VG.Exchange web service is terminated immediately. In such a case, the VG.Exchange network is not obliged to transmit any unprocessed information or unfinished service to the user or any third party that is not directly related.

7. USER OBLIGATIONS

While using our Services, you can not:
- violate or assist any party in violating any law, statute, ordinance, regulation or any rule of any self-regulatory or similar organization of which you are or are required to be a member through your use of the Services;
- provide false, inaccurate, incomplete or misleading information;
- infringe upon VG.Exchange’s or any third party’s copyright, patent, trademark, or intellectual property rights;
- distribute unsolicited or unauthorized advertising or promotional material, any junk mail, spam, or chain letters;
- use a web crawler or similar means to access our Services or extract data;
- reverse engineer or disassemble any aspect of the Site or Services in an effort to access any source code, underlying ideas and concepts, and algorithms;
- take any action that imposes an unreasonable or disproportionately large load on our infrastructure, or detrimentally interfere with, intercept, or expropriate any system, data, or information; - transmit or upload any material to the Site that contains viruses, Trojan horses, worms, or any other harmful or deleterious programs;
- attempt to gain unauthorized access to the Site, other VG.Exchange Accounts, computer systems or networks connected to the Site, through password mining or any other means; or Transfer any rights or obligations granted to you under these Terms.

8. PERMANENT WITHDRAWAL OF SERVICE

VG.Exchange may:
a) suspend or terminate your access to the Services
b) deactivate or cancel your Account as required by a valid subpoena or court order, or if VG.Exchange suspects you or others of using your Account for illegal activity.
You will be permitted to transfer Tokens associated with your Account for ninety (90) days after Account deactivation or cancellation unless such transfer is otherwise prohibited under the law, or by a valid subpoena or court order. If any transaction is in a pending state at the time your Account is cancelled or suspended, such transaction may be cancelled and/or refunded. You may not cancel your Account if VG.Exchange believes in its sole discretion that such cancellation is being performed in an effort to evade an investigation or avoid paying any amounts otherwise due to VG.Exchange. By cancelling your Account, you authorize VG.Exchange to cancel or suspend pending transactions and, after providing electronic notice to you, return the Tokens associated with such transactions to the wallet address you provide to VG.Exchange. In the event that you or VG.Exchange terminates this agreement or your access to the Services, or deactivates or cancels your Account, you will remain liable for all amounts due hereunder. In the event that a technical problem causes system outage or Account errors, VG.Exchange may temporarily suspend access to your Account until the problem is resolved.

9. OWNERSHIP OF TOKENS

You hereby certify to us that any Tokens used by you in connection with the Platform are either owned by you or that you are validly authorized to carry out transactions using such Tokens, and that all transactions initiated with your Account are for your own Account and not on behalf of any other person or entity.

10. CUSTOMER SERVICE

If you have any feedback, complaints or questions, please contact our customer service at [email protected] When you contact us, please provide your name and e-mail address and other information that we may need to identify you, as well as the transaction information you are interested in.