ACCEPTANCE OF TERMS

Thank you for choosing VentCryptoHub. The following Terms and Conditions and the Privacy Policy (together, the “Terms”) apply to any person that registers for and/or opens a VentCryptoHub Account through https://ventcryptohub.com/en or any associated mobile applications, website, or APIs (together, the “VentCryptoHub Site”).

The Terms constitute a legally binding agreement between you and VentCryptoHub. For the purposes of these Terms, any reference to “we” “us” “our” “VentCryptoHub” and/or any similar term shall be construed as reference to VentCryptoHub .

By registering for and opening a VentCryptoHub Account, you unconditionally accept these Terms and agree to be bound by and act in accordance with them. You also accept and agree that you are solely responsible for understanding and complying with all laws, rules, regulations and requirements of the jurisdiction in which you live that may be applicable to your use of the VentCryptoHub Site and/or your VentCryptoHub Account, including but not limited to, those related to export or import activity, taxes or foreign currency transactions.

Please read these Terms carefully before using the VentCryptoHub Site because they affect your legal rights and obligations.

AMENDMENT OF TERMS

VentCryptoHub may amend the Terms from time to time. You should visit the VentCryptoHub website regularly to check when the Terms were last updated (as displayed at the top of this document) and to review the current Terms. We will do our best to notify you of any amendments to the Terms that we consider likely to materially affect your rights and obligations. Any such notice will be posted on the VentCryptoHub Site, or sent by email to the address associated with your VentCryptoHub Account (see Electronic Communications). The continued use of your VentCryptoHub Account, after any amendment to these Terms, constitutes your acceptance of the Terms, as modified by such amendment. If you do not accept the Terms, or any amendment to them, you must immediately stop using the VentCryptoHub Site and your VentCryptoHub Account.

ELIGIBILITY

By opening a VentCryptoHub Account, you expressly warrant and represent that:

You are 18 years of age or over and have full capacity to accept the Terms and enter any transaction available through the VentCryptoHub Site;
You will not open, or attempt to open, a VentCryptoHub Account under any name except your own; or use your VentCryptoHub Account to carry out transactions on behalf of a third party;
You will follow the VentCryptoHub Business account application process if you seek to open and use a VentCryptoHub Account for a non-individual legal entity (e.g. a company, trust or partnership);
You will not have more than one VentCryptoHub Account; use or access any VentCryptoHub Account other than your own; or assist any other person in obtaining unauthorised access to any VentCryptoHub Account;
You will provide security for transactions carried out through your VentCryptoHub Account by ensuring there is sufficient Local Currency or cryptocurrency (as the case may be) in your VentCryptoHub Account in advance of any transaction; You will not allow or facilitate the deposit of Local Currency into your VentCryptoHub Account unless that deposit is made in accordance with the Deposit Requirements (see Deposits); You will not allow or facilitate the withdrawal of Local Currency from your VentCryptoHub Wallet to a bank account held in the name of a third party (see Withdrawals); You will not use your VentCryptoHub Account for or in relation to any illegal activity, any Prohibited Activity, in violation of any laws, statutes, ordinances or regulations, or in breach of VentCryptoHub’s Export Controls and Sanctions requirements.

By opening a VentCryptoHub Account you accept and agree that VentCryptoHub may, without further notice and in its sole discretion, terminate, suspend or restrict the account of any customer who uses, or who we reasonably suspect may be using, the VentCryptoHub Site or any VentCryptoHub Account in a manner that is inconsistent with the letter or spirit of these Terms.

RISKS

Before using the VentCryptoHub Site, you should ensure that you understand the risks involved in buying, selling or trading cryptocurrencies. Cryptocurrency markets can be volatile and prices can fluctuate significantly, which could result in sudden and significant increases or decreases in the value of your assets. This market volatility and other risks involved in buying, selling or trading cryptocurrencies are explained on the risk warning page of the VentCryptoHub website. There may be additional risks not identified in these Terms or in the risk warning.

You should carefully assess whether your financial situation and risk tolerance is suitable for buying, selling or trading cryptocurrency. You accept and agree that you are solely responsible for any decision to buy, sell, trade or otherwise hold or deal with cryptocurrency.

THE VentCryptoHub WALLET

The VentCryptoHub Wallet allows you to send, receive and store cryptocurrency (together, “VentCryptoHub Wallet Transactions”).

Supported Cryptocurrencies. The VentCryptoHub Wallet is only available in relation to the cryptocurrencies that VentCryptoHub, in its sole discretion, decides to support (“Supported Cryptocurrency” or “Supported Cryptocurrencies”). Information about the Supported Cryptocurrencies can be found on the Supported Cryptocurrency page on the VentCryptoHub website. The Supported Cryptocurrencies may change from time to time. Under no circumstances should you attempt to carry out a VentCryptoHub Wallet Transaction in relation to a cryptocurrency other than a Supported Cryptocurrency. In particular, but without limiting the generality of the foregoing, you accept and agree that you will have no access, entitlement or claim:

to any cryptocurrency sent to a receive address associated with your VentCryptoHub Wallet where that cryptocurrency is not a Supported Cryptocurrency; or
to any cryptocurrency sent to a receive address associated with your VentCryptoHub Wallet, where that receive address is associated with another cryptocurrency. For example, you will have no access, entitlement or claim to any Bitcoin Cash (BCH) sent to a Bitcoin (BTC) receive address.
Local Currency in your VentCryptoHub Wallet. Local Currency deposited into your VentCryptoHub Wallet (see Deposits) is solely for (1) the purchase of Supported Cryptocurrencies and/or (2) Withdrawal to an approved bank account (see Withdrawals). In certain countries we may also allow you to purchase specific goods and/or services from selected third parties using your Local Currency balance. You accept and agree that any such purchase will be subject to these Terms.

Proceeds from the sale of Supported Cryptocurrencies will be credited to your Local Currency VentCryptoHub Wallet, less any applicable fees (as explained in Fees, and on the Fees and Features page of the VentCryptoHub website). VentCryptoHub does not pay interest on Local Currency or Supported Cryptocurrency balances held in your VentCryptoHub Wallet.

Transaction instructions. VentCryptoHub will process VentCryptoHub Wallet Transactions according to your instructions. You accept and agree that VentCryptoHub does not:

guarantee the identity of any user, receiver, or other party to a VentCryptoHub Wallet Transaction. You are solely responsible for ensuring all transaction details are correct, and you should carefully verify all transaction information prior to submitting transaction instructions to VentCryptoHub;
have any control over, or any liability in relation to, the delivery, quality or any other aspect of any goods or services that you may buy from or sell to any third party. VentCryptoHub shall not be responsible for, and will take no action in relation to, ensuring that any buyer or seller you transact with using your VentCryptoHub Wallet completes the relevant transaction or has the requisite authority to do so.
Receiving cryptocurrency. You may receive Supported Cryptocurrency into your VentCryptoHub Wallet by providing the sender with a receive address generated in your VentCryptoHub Wallet. Your VentCryptoHub Wallet will only be credited with Supported Cryptocurrency sent to a receive address generated through your VentCryptoHub Wallet and associated with that Supported Cryptocurrency. For example, your VentCryptoHub Wallet will be credited with BTC when it is sent to an BTC receive address generated through your VentCryptoHub Wallet.

Funds received in error. In the event you know, suspect, or should reasonably know or suspect, that any Local Currency or cryptocurrency has been credited to your VentCryptoHub Wallet in error, you must immediately notify VentCryptoHub of the error by submitting a ticket through the Help Centre. You accept and agree that you have no claim or entitlement to any cryptocurrency received in error, and must immediately return such funds in accordance with the instructions received from VentCryptoHub.

INSTANT BUY OR SELL

VentCryptoHub Wallet holders may use the Instant Buy or Sell service to buy or sell a chosen amount of Supported Cryptocurrency at the quoted exchange rate.

In using the Instant Buy or Sell service, you accept and agree that:

When you make an Instant Buy or Sell order, VentCryptoHub will match your order with create sell orders on the VentCryptoHub Exchange or other cryptocurrency exchanges available to us. VentCryptoHub will facilitate the trade, in accordance with your instructions; VentCryptoHub is not acting as your broker, intermediary, agent, adviser or in any fiduciary capacity and no information or communication provided to you by VentCryptoHub in relation to an Instant Buy or Sell transaction will constitute advice; when you place an order to buy or sell Supported Cryptocurrency, we will provide you with a quoted exchange rate. VentCryptoHub is unable to, and will not, specify the percentage of the quoted exchange rate that reflects VentCryptoHub’s facilitation of the relevant trade, as it will vary with market conditions. The quoted exchange rate may differ from rates seen elsewhere on the VentCryptoHub site, or on external sources, and you acknowledge that the quoted exchange rate is the rate that will apply to your order; By proceeding with your Instant Buy or Sell transaction, you confirm that you accept the quoted exchange rate, including its components; a volume limit per transaction will apply to any Instant Buy or Sell order (see the Fees and Features page of the VentCryptoHub website); and VentCryptoHub does not guarantee the availability of, or that there will be no delays or interruptions in or to, the Instant Buy or Sell service. Before confirming any Instant Buy or Sell transaction, you must ensure that the amount of Supported Cryptocurrency to be bought or sold is correct and that you agree to the quoted exchange rate. VentCryptoHub cannot reverse an executed order.

VentCryptoHub reserves the right to delay or refuse any Instant Buy or Sell transaction if, in our sole discretion, we perceive there to be a risk of fraud or illegal activity, or where we have reasonable grounds on which to suspect an error may have been made. VentCryptoHub shall have no liability to you in connection with any delay in or non-completion of an Instant Buy or Sell transaction.

FEES

The fees applicable to transactions undertaken on the VentCryptoHub Site can be viewed on the Fees and Features page of the VentCryptoHub website. VentCryptoHub reserves the right to change our fees at any time and will update the Fees and Features page accordingly. In certain circumstances, and at our sole discretion, VentCryptoHub may notify selected customers of a specific fee change, where we consider a change to be of particular relevance to such customers.

Send and Receive fees. You may be charged a fee to send Supported Cryptocurrency from your VentCryptoHub Wallet and/or to receive Supported Cryptocurrency into your VentCryptoHub Wallet. Fees will apply where Supported Cryptocurrency is sent to or received from a Supported Cryptocurrency address (e.g. a Bitcoin address); no fees will apply where Supported Cryptocurrency is sent to or received from a mobile telephone number or email address. Please see the Fees and Features page of the VentCryptoHub website for further information on send and receive fees.

Deposit and Withdrawal fees. All Withdrawals from your VentCryptoHub Wallet will incur a fee. Such fees differ by country and are set out on the Fees and Features page of the VentCryptoHub website. Some Deposits made using a Supported Deposit Method may incur a fee, as set out on the Fees and Features page. Such fees will be displayed in your transaction history upon completion of the transaction.

Instant Buy and Sell fees. The quoted exchange rate in relation to any buy or sell order placed using the Instant Buy and Sell service will include an amount to reflect VentCryptoHub’s facilitation of the relevant trade, the percentage of which will vary with market conditions (see Instant Buy or Sell).

Trade fees. VentCryptoHub applies a Maker / Taker fee structure for customers using the VentCryptoHub Exchange, which is explained in the VentCryptoHub Help Centre. Please consult the Fees and Features page of the VentCryptoHub website for further information on applicable Maker and Taker fees. VentCryptoHub will, at the time of any transaction on the VentCryptoHub Exchange, notify you of any fees that will apply to the transaction. By proceeding with any transaction, you accept and agree to the applicable fees. Such fees will also be displayed in your transaction history upon completion of the transaction.

ACCOUNT SECURITY

VentCryptoHub takes security very seriously and the measures we have in place to protect your VentCryptoHub Account are explained on the Security page of the VentCryptoHub website. However, you are solely responsible for:

maintaining adequate security and control over your VentCryptoHub Account sign-in details, including but not limited to any passwords, personal identification numbers (PINs), API keys, or any other codes associated with your VentCryptoHub Account;
enabling any additional security features available to you, including the activation of two factor authentication on your VentCryptoHub account (see the VentCryptoHub Help Centre);
keeping your contact details up to date so that you can receive any notices or alerts we may send to you in relation to security (see Electronic Communications);
maintaining security and control over the email mailbox, phone number and two-factor authentication applications or devices associated with your VentCryptoHub Account.
Failure to take the above measures, and any other security measures available to you, may result in unauthorised access to your VentCryptoHub Account and the loss or theft of any cryptocurrency and/or Local Currency balances held in your VentCryptoHub Wallet or any linked bank account(s) and/or saved credit or debit card(s). VentCryptoHub shall have no liability to you for or in connection with any unauthorised access to your VentCryptoHub Account, where such unauthorised access was due to no fault of VentCryptoHub, and/or any failure by you to act upon any notice or alert that we send to you.

The security of your VentCryptoHub Account may be compromised, or interruption caused to it, by phishing, spoofing or other attack, computer viruses, spyware, scareware, Trojan horses, worms or other malware that may affect your computer or other equipment. VentCryptoHub strongly recommends that you regularly use reputable virus screening and prevention software and remain alert to the fact that SMS, email services and search engines are vulnerable to spoofing and phishing attacks.

Care should be taken in reviewing messages purporting to originate from VentCryptoHub and, should you have any uncertainty regarding the authenticity of any communication, you should log in to your VentCryptoHub Account through the VentCryptoHub website (specifically, https://ventcryptohub.com/en, and not any other domain name or website purporting to be, or to be related to, VentCryptoHub) to review any transactions or required actions.

To the maximum extent permitted by applicable law, you accept and agree that you have full responsibility for all activity that occurs in or through your VentCryptoHub Account and accept all risks of any unauthorised or authorised access to your VentCryptoHub Account.

Private keys. VentCryptoHub securely stores all Supported Cryptocurrency private keys (“Private Keys”) associated with any VentCryptoHub Account. You accept and agree that VentCryptoHub shall retain full ownership and control of the Private Keys associated with your VentCryptoHub Account and that you shall have no control of, access to, or the ability to use, such Private Keys. For example, but without limiting the generality of the foregoing, VentCryptoHub will not:

accept or adhere to any instruction to sign any data with a Private Key;
give access to any funds associated with your private keys, other than those of the Supported Cryptocurrency associated with your cryptocurrency wallet;
allow the creation of any receive addresses associated with a Private Key other than receive addresses created through your VentCryptoHub Wallet. VentCryptoHub will not credit to your VentCryptoHub Wallet any cryptocurrency associated with a Private Key other than where such funds have been received via a receive address generated through your VentCryptoHub Wallet.

SERVICE AVAILABILITY

While we will do everything we can to provide continuous operations, VentCryptoHub does not provide any warranty in relation to the availability of the VentCryptoHub Site or your VentCryptoHub Account. Without limiting the generality of the foregoing, we do not guarantee continuous access to the VentCryptoHub Site or your VentCryptoHub Account and make no representation that the VentCryptoHub Site, VentCryptoHub API, your VentCryptoHub Account and/or any products or services offered therein will be available without interruption; or that there will be no delays, failures, errors, omissions or loss of transmitted information.

TRANSACTIONS ON CRYPTOCURRENCY NETWORKS

When you use your VentCryptoHub Account to send or receive cryptocurrency, the transaction must be confirmed and recorded in the public ledger associated with the relevant cryptocurrency network (e.g. the Bitcoin network or the Ethereum network). That cryptocurrency network is solely responsible for verifying and confirming any such transactions. VentCryptoHub cannot confirm, cancel or reverse transactions on a cryptocurrency network, other than confirming to you that the network has completed the transaction. You accept and agree that:

Once submitted to a cryptocurrency network, a transaction will be unconfirmed for a period of time pending sufficient confirmation of the transaction by the network. A transaction is not complete while it is in a pending state. Funds associated with transactions that are in a pending state will be designated accordingly, and will not be included in your VentCryptoHub Wallet balance or be available to you to conduct transactions; When you send cryptocurrency from your VentCryptoHub Account, you are authorising us to submit your transaction request to the relevant cryptocurrency network. Once a transaction request has been submitted to the relevant cryptocurrency network, the network will automatically complete or reject the request and neither you or VentCryptoHub will be able to cancel or otherwise modify your transaction. Cryptocurrency networks are operated by decentralised networks of independent third parties. They are not owned, controlled or operated by VentCryptoHub so we cannot ensure that any transaction details you submit will be confirmed by the relevant cryptocurrency network. You agree that any transaction details you submit may not be completed, or may be substantially delayed, by the cryptocurrency network used to process the transaction. Network protocols and operating rules. The underlying software protocols that govern the operation of the Supported Cryptocurrencies are open source. Accordingly, anyone can use, copy, modify, and distribute them and VentCryptoHub has no ownership of or control over these protocols. By using the VentCryptoHub Site, you accept and agree that:

VentCryptoHub is not responsible for the operation of any cryptocurrency network’s underlying software protocols and makes no guarantee as to their availability, security, or functionality; the underlying software protocols are subject to sudden changes in operating rules (known as “forks”), and that such forks may materially affect the value, function, and/or name of any cryptocurrency you store in your VentCryptoHub Account. Should a fork occur, VentCryptoHub may, with or without notice to you, temporarily suspend our operations and, in our sole discretion, decide whether or not to support either branch of the forked protocol entirely; and in the event VentCryptoHub decides not to support a branch of a forked protocol, you will not be given access to the assets on that fork. Those assets will be securely held by VentCryptoHub and we will not buy or sell them.

ACCOUNT INACTIVITY

Unclaimed property. In the event any funds are held in your VentCryptoHub Wallet(s) and VentCryptoHub has no record of any use of your VentCryptoHub Account for several years, and we are unable to contact you, the law in your jurisdiction may require us to report and deliver such funds to the relevant authorities as unclaimed property. To the extent permitted by applicable law, VentCryptoHub reserves the right to deduct a dormancy fee or other administrative charges from such unclaimed funds.

CLOSURE OF YOUR ACCOUNT

You may close your VentCryptoHub Account by submitting a closure request via the Help Centre. VentCryptoHub will action such requests once (i) the sum of all Local Currency and cryptocurrency balances in your VentCryptoHub Wallet(s) is below the Minimum Closure Amount; and (ii) no transactions have taken place in your VentCryptoHub Account for a period of at least 30 days. Such requirements are designed to protect you from loss and VentCryptoHub will not action a closure request until they are satisfied.

You accept and acknowledge that, once your VentCryptoHub Account is closed:

you will have no further access to it;
VentCryptoHub will be under no obligation to notify you of, or provide to you, any cryptocurrency sent to any receive address associated with your VentCryptoHub Account; and
VentCryptoHub reserves the right (but has no obligation) to delete all of your information and account data stored on our servers, and also reserves the right to retain any information that is required for legal or operational reasons.
If at the date of closure of your account any Local Currency or cryptocurrency remains in your VentCryptoHub Wallet(s) (i.e. funds amounting to less than the Minimum Closure Amount), you accept and agree that VentCryptoHub shall retain such funds and that you shall have no further claim to them. The Minimum Closure Amount shall be USD10.00 or the equivalent in your Local Currency.

You accept and agree that VentCryptoHub shall not be liable to you or any third party in relation to the closure of your VentCryptoHub Account, the termination of access to your VentCryptoHub Account, or for the deletion of your information or VentCryptoHub Account data.

RESTRICTION, SUSPENSION AND TERMINATION

VentCryptoHub reserves the right to restrict, suspend or terminate your VentCryptoHub Account where:

we reasonably suspect your VentCryptoHub Account to be the subject of an operational or other error, in which case we may be required to suspend access to your account until such time as the error is rectified;
we reasonably suspect your VentCryptoHub Account has been or is being used in relation to any unlawful, fraudulent or Prohibited Activity, or in breach of these Terms;
we reasonably suspect you or your VentCryptoHub Account is or has been associated with, or poses a high risk of, money laundering, financing of terrorism, fraud, or any other financial crime;
we reasonably suspect you of taking any action that VentCryptoHub considers to be a circumvention of VentCryptoHub’s controls, including but not limited to opening multiple VentCryptoHub Accounts;
we reasonably suspect your involvement in any attempt to gain unauthorised access to any VentCryptoHub Account;
your VentCryptoHub Account is or appears to be the subject of any legal, regulatory or government process and/or we, in our sole discretion, consider there to be a heightened risk of legal or regulatory non-compliance associated with your VentCryptoHub Account;
we are compelled to do so by a prima facie valid subpoena, court order, or other binding order of a government or regulatory authority; or
your name appears on a government or international body sanctions list.
VentCryptoHub will make all reasonable efforts to provide you with notice of any decision to restrict, suspend or terminate your VentCryptoHub Account, unless we are prevented from doing so by any legal or regulatory process or requirement, or where doing so may compromise VentCryptoHub’s security and/or risk management procedures. You accept and agree that VentCryptoHub is under no obligation to disclose to you the fact of or reason for any decision to restrict, suspend or terminate your VentCryptoHub Account, and shall have no liability to you in connection with the restriction, suspension or termination of your VentCryptoHub Account.

Account termination. Where VentCryptoHub elects to terminate your VentCryptoHub Account in accordance with the above, we shall (except where legally obligated not to) return your available cryptocurrency and/or Local Currency balances to you pursuant to the procedure set out below:

Cryptocurrency. If you have an available balance of Supported Cryptocurrency in your VentCryptoHub Account above the Minimum Threshold, we will liquidate the cryptocurrency and deposit the value realised from the liquidation into your Local Currency wallet. The Minimum Threshold is USD10.00, or its equivalent in any applicable Supported Cryptocurrency calculated on the day on which the liquidation is performed. We will not send your Supported Cryptocurrency to an alternative cryptocurrency wallet address. Any risk of a negative exchange rate fluctuation shall rest with you and you shall have no claim against VentCryptoHub for any losses you may suffer as a result of the liquidation of your available balance of Supported Cryptocurrency.
Local Currency. We shall return to you an amount no greater than the cumulative value of all Local Currency Deposits to your VentCryptoHub Account, where applicable. Payment shall only be made to you following submission to us of valid bank account details in your name. We shall not transfer Local Currency to any bank account in the name of a third party.

FINANCIAL ADVICE

Under no circumstances does any information contained on the VentCryptoHub Site, or provided to you through your VentCryptoHub Account or by any employee, agent or affiliate of VentCryptoHub, constitute financial, investment or other professional advice.

You are solely responsible for any decision to store, buy or sell cryptocurrency, and such decision should take into account your risk tolerance and financial circumstances. For more information on the risks involved, see Risks and the Risk Warning on the VentCryptoHub website. You should consult your legal or tax professional in relation to your specific situation.

TAXES

You are solely responsible for determining whether, and to what extent, any taxes apply to any transactions you carry out through your VentCryptoHub Account, and for withholding, collecting, reporting and remitting the correct amounts of tax to the appropriate tax authorities.

EXPORT CONTROLS AND SANCTIONS

Your use of the VentCryptoHub Site is subject to international export controls and economic sanctions requirements. By undertaking any activity on the VentCryptoHub Site or through your VentCryptoHub Account, including but not limited to sending, receiving, buying, selling, storing or trading any cryptocurrency, you agree that you will at all times comply with those requirements. In particular, and without any limitation to the generality of the foregoing, you may not open, use, or have access to any VentCryptoHub Account if:

you are in or under the control of, or resident of, any country subject to United States embargo, UN sanctions, the HM Treasury financial sanctions regime, or if you are on the U.S. Treasury Department's Specially Designated Nationals List or the U.S. Commerce Department's Denied Persons List, Unverified List, Entity List, or HM Treasury's financial sanctions regime; or
you intend to supply any acquired or stored cryptocurrency, or transact with people or businesses operating in any country subject to United States embargo or HM Treasury's financial sanctions regime, or to a person on the Specially Designated Nationals List, Denied Persons List, Unverified List, Entity List, or HM Treasury's financial sanctions regime.

PROHIBITED ACTIVITIES

You must not use your VentCryptoHub Account to undertake any of the activities or categories of activity set out in this section (each a “Prohibited Activity”):

violation of any laws, statutes, ordinance or regulations;
undertaking, facilitating or supporting criminal activity of any kind, including but not limited to, money laundering, terrorist financing, illegal gambling operations or malicious hacking;
abusive activity, including but not limited to:
imposing an unreasonable or disproportionately large load on VentCryptoHub’s infrastructure, or otherwise taking any action that may negatively affect the performance of the VentCryptoHub Site or VentCryptoHub’s reputation;
attempting to gain unauthorised access to the VentCryptoHub Site or any VentCryptoHub Account;
transmitting or uploading any material to the VentCryptoHub Site that contains viruses, Trojan horses, worms, or any other harmful programmes; or
transferring your VentCryptoHub Account access or rights to your VentCryptoHub Account to a third party, unless as required by law or with VentCryptoHub’s prior consent.
paying in to or otherwise supporting pyramid schemes, Ponzi schemes, matrix programmes, “get rich quick” schemes, multi-level marketing programmes or high-yield investment programmes;
fraudulent activity, including but not limited to taking any actions that defraud VentCryptoHub or a VentCryptoHub customer, or the provision of any false, inaccurate, or misleading information to VentCryptoHub;
transactions involving items that may help facilitate or enable illegal activity; promote or facilitate hate, violence or racial intolerance; are considered obscene; or may be stolen goods or the proceeds of crime;
transactions involving TOR markets, online gambling sites or mixers;
sale or purchase of narcotics or controlled substances;
intellectual property infringement.

By opening a VentCryptoHub Account, you confirm that you will not use your account to undertake any of the above-listed Prohibited Activities or any similar or related activity.

Activities subject to the prior written approval of VentCryptoHub. Unless you have obtained the prior written approval of VentCryptoHub, you accept and agree that you will not use your VentCryptoHub Account to conduct or operate any of the following business activities or categories of activity:

money services, including but not limited to money or cryptocurrency transmission, currency or cryptocurrency exchange or dealing, payment service providers, e-money or any other financial services business;
gambling or gaming services;
charitable or religious / spiritual organisations;
consumer lending services, including but not limited to secured and unsecured loans, cash advances, payday lending;
investment funds, asset management, or brokerage services.
We reserve the right to restrict, suspend or terminate your VentCryptoHub Account if we suspect, in our sole discretion, that you are using, or have used, your VentCryptoHub Account in association with any of the activities listed above, or any similar or related activity, without having obtained the prior written approval of VentCryptoHub.

DISCLAIMER OF WARRANTIES

The VentCryptoHub Site, your VentCryptoHub Account and any related products or services are offered on a strictly “as-is” and “where-available” basis and VentCryptoHub expressly disclaims, and you waive, all warranties of any kind, whether express or implied. Without limiting the generality of the foregoing, the VentCryptoHub Site, your VentCryptoHub Account, and any related products or services are offered without any warranty as to merchantability or fitness for any particular purpose.

Some jurisdictions do not allow the disclaimer of implied terms in consumer contracts, so some or all of the disclaimers in this section may not apply to you.

LIMITATION OF LIABILITY

In no event shall VentCryptoHub, its operating entities or any other affiliates (including their respective directors, members, employees or agents) be liable to you for any direct, indirect, special, consequential, exemplary or punitive damages or any other damages of any kind, including but not limited to loss of profit, loss of revenue, loss of business, loss of opportunity, loss of data, whether in contract, tort or otherwise, arising out of or in any way connected with your use of, inability to use, or unavailability of the VentCryptoHub Site and/or your VentCryptoHub Account, including without limitation any damages caused by or resulting from any reliance upon any information received from VentCryptoHub, or that result from mistakes, omissions, interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission or any failure of performance, whether or not resulting from a force majeure event, communications failure, theft, destruction or unauthorised access to VentCryptoHub’s records, programmes or services.

In no event will any liability of VentCryptoHub, its operating entities or any other affiliates (including their respective directors, members, employees or agents) arising in relation to your use of the VentCryptoHub Site or your VentCryptoHub Account, exceed (in aggregate) the fees earned by VentCryptoHub in connection with your use of your VentCryptoHub Account in the six month period immediately preceding the event giving rise to the claim for liability.

The above limitations of liability shall apply to the fullest extent permitted by law in the applicable jurisdiction. Because some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for incidental or consequential damages, some of the limitations in this section may not apply to you.

INDEMNITY

To the maximum extent permitted by law, you agree to indemnify VentCryptoHub, its operating entities or any other affiliates (including their respective directors, members, employees and/or agents) against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred directly or indirectly arising from your use of or conduct in relation to the VentCryptoHub Site and/or your VentCryptoHub Account, or from your violation of these Terms.

DISPUTES

You and we agree to notify the other party in writing of any claim or dispute that arises in relation to the VentCryptoHub Site, your VentCryptoHub Account or these Terms, within 30 days of such claim or dispute arising. You and we further agree to attempt informal resolution of any Dispute prior to bringing a claim in any court or other body.

Governing law and jurisdiction. This agreement shall be governed by and construed in accordance, subject to any local mandatory rights you may have. You and we agree to submit all disputes, claims or controversies (including non-contractual Disputes, claims or controversies) arising out of or in connection with these Terms, or the breach, termination, enforcement or interpretation thereof (together, Disputes), to the non-exclusive jurisdiction of the courts of Singapore.

Class or representative action waiver. To the maximum extent permissible by law, you and VentCryptoHub each agree that each may bring any Dispute against the other only in your or its individual capacity, and you and it waive any right to commence or participate in any class action or other representative action or proceeding against the other. Further, where permissible by law, unless both you and VentCryptoHub agree otherwise, no court may consolidate any other person’s claim(s) with your Dispute, and may not otherwise preside over any form of representative or class proceeding.

For the avoidance of doubt, if this Class or representative action waiver is found by any court of competent jurisdiction to be invalid, void or unenforceable, the remainder of this Disputes clause shall remain valid and enforceable.

MISCELLANEOUS

Entire agreement. These Terms constitute the entire agreement and understanding between you and VentCryptoHub with respect to their subject matter and supersede any and all prior discussions, agreements and understandings of any kind between you and VentCryptoHub (including but not limited to any prior versions of these Terms).

Severability. If any provision of these Terms, as amended from time to time, is determined to be illegal, invalid or unenforceable, in whole or in part, under any law, such provision or part thereof shall to that extent be deemed not to form part of these Terms but the legality, validity and enforceability of the other provisions in these Terms shall not be affected and everything else in these Terms will continue in full force and effect.

In the event any provision or part thereof of these Terms is determined to be illegal, invalid or unenforceable, that provision or part thereof shall be replaced by the parties with a legal, valid and enforceable provision or part thereof that has, to the greatest extent possible, a similar effect as the illegal, invalid or unenforceable provision, given the content and purpose of these Terms.

Assignment. You may not assign or transfer any of your rights or obligations under these Terms without VentCryptoHub’s prior written approval. You give VentCryptoHub your approval to assign or transfer these Terms in whole or in part, including but not limited to: (i) a subsidiary or affiliate; (ii) an acquirer of VentCryptoHub’s equity, business or assets; or (iii) a successor by merger.

Change of control. In the event that VentCryptoHub is acquired by or merged with a third party, we reserve the right to transfer or assign the information we have collected from you as part of such merger, acquisition, sale, or other change of control.

Force Majeure. VentCryptoHub shall not be liable for any delays, failure in performance or interruption of service 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 labour dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophe or any other occurrence which is beyond our reasonable control.

Survival. All provisions of these Terms that by their nature extend beyond the expiry or termination of these Terms, including but not limited to, sections relating to the suspension or termination of your VentCryptoHub Account, use of the VentCryptoHub Site, disputes with VentCryptoHub and general provisions, shall survive the termination of these Terms.

Headings. Section headings in these Terms are for convenience only, and shall not govern the meaning or interpretation of any provision of these Terms.

English language controls. Notwithstanding any other provision of these Terms, any translation is provided solely for your convenience. The meanings of terms, conditions and representations herein are subject to definitions and interpretation in the English language. Any translation provided may not accurately represent the information in the original English.