Terms and Conditions (T&C) for BitNexusX
1. Introduction These Terms and Conditions (T&C) govern the use of the BitNexusX platform, including all associated products and services. By using the platform, users agree to these T&C. BitNexusX reserves the right to modify these T&C at any time. Continued use of the platform after any changes constitute the user’s acceptance of such modifications.
2. Trading Pools and BXX Token Coverage
2.1. Trading Pool Coverage As of 01.02.2025, all trading pools on BitNexusX will be 50% secured by the BXX Token, both before and after the pre-sale. This means that investments in these pools are partially covered by BXX Tokens. However, full investment protection is not guaranteed.
2.2. Risks of Trading Pools Participation in trading pools carries a high financial risk and can result in a complete loss of capital. BitNexusX does not assume any liability for losses arising from investments in trading pools. Users confirm by participating that they are aware of the risks and accept the potential losses.
2.3. Compensation through BXX Tokens In the event of a total loss, compensation will be provided in BXX Tokens at the predetermined exchange launch price of $0.02 USD. This compensation does not guarantee value retention, as the token value may fluctuate.
2.4. BXX Token Listing and Risk of Non-Listing The BXX Token will be listed on an exchange at an initial price of $0.02 USD and serves as a hedge instrument for investors. If the BXX Token is not listed, BitNexusX assumes no liability for resulting losses or financial damages. A token listing cannot be 100% guaranteed, especially if the required capital (cap) is not reached. Users acknowledge this risk and waive any claims against BitNexusX in the event of non-listing.
3. Privacy Policy
3.1. Introduction This Privacy Policy explains how BitNexusX collects, stores, uses, and protects personal data. By using BitNexusX services, users agree to these terms.
3.2. Data Collection
Personal Data: This includes name, email address, phone number, and identity verification documents (for KYC compliance).
Usage Data: Information regarding user interactions with the platform (IP address, device type, operating system, and usage statistics).
Transaction Data: Records of deposits, withdrawals, investments, and other financial activities.
Cookies: Used to enhance user experience and provide targeted services.
3.3. Data Usage
Service Provision: Facilitates platform access and transaction execution.
Compliance & Security: Ensures compliance with regulatory obligations, including AML and CTF laws.
Marketing: Distribution of promotional materials and updates (opt-out option available).
3.4. Data Storage and Protection
Data Security: Use of encryption, firewalls, and access controls to protect personal data.
Data Retention: Storage of data only as long as necessary for legal or operational purposes.
3.5. User Rights
Access & Correction: Users may request access to and corrections of their data.
Data Deletion: Request to delete personal data (subject to legal obligations).
Opt-Out: Option to unsubscribe from marketing communications.
3.6. International Data Transfers Data may be processed outside the user’s jurisdiction, in compliance with applicable data protection laws.
3.7. Updates to the Privacy Policy BitNexusX reserves the right to modify this Privacy Policy. Users will be notified of significant changes.
4. Disclaimer & Risk Disclosure
4.1. No Liability for Losses BitNexusX assumes no liability for financial losses incurred from trading pools, mining activities, or other services offered or to be offered in the future. Users trade and invest at their own risk.
4.2. No Guarantee of Profits BitNexusX makes no guarantees or assurances regarding potential profits or financial returns from trading pools, mining, or other services. Historical performance data is for informational purposes only and does not indicate future success.
4.3. Market Volatility and Value Fluctuations All cryptocurrency markets are highly volatile. Prices can significantly rise or fall, potentially leading to substantial losses or total capital loss. BitNexusX assumes no responsibility for market movements and their impact on investments.
4.4. Technical and External Risks BitNexusX is not liable for losses caused by technical failures, server outages, hacking incidents, or other unforeseen circumstances beyond the company’s control.
4.5. Risk of Non-Listing of BXX Token If the BXX Token is not listed on an exchange, BitNexusX assumes no liability for associated losses. Token listings are dependent on market conditions and fundraising goals, and there is no guarantee that the listing will be successfully completed.
5. Final Provisions
5.1. Validity and Amendments These T&C come into effect upon use of the platform. BitNexusX reserves the right to amend these terms and will notify users accordingly.
5.2. Governing Law This agreement is governed by the applicable laws of the jurisdiction in which BitNexusX is registered.
5.3. Contact Information For inquiries or concerns, please contact: privacy@bitnexusx.com
Effective Date: 04.02.2025