Terms and Conditions (T&Cs) of BitNexusX

Welcome to BitNexusX. These Terms and Conditions (T&Cs) govern the use of all services and products provided by BitNexusX. By accessing or using our platform, services, and products, you acknowledge that you have read, understood, and agreed to these T&Cs. Please read them carefully.

1. Scope and Parties

1.1 Scope of the T&Cs

These T&Cs apply to all services and products provided by BitNexusX, including but not limited to:

• Token Pre-Sales,
• Trading platform services,
• Mining plans,
• Investment pools.

1.2 Legal Compliance

BitNexusX operates in compliance with international laws, including but not limited to:

• Regulations in the United Arab Emirates,
• The European Union,
• The United States.

1.3 User Responsibility

Users are solely responsible for their actions and decisions when using BitNexusX services. Only invest funds you can afford to lose without compromising your financial stability.

2. Risk Disclosure and Liability Disclaimer

2.1 General Risk Disclosure

• Investing in cryptocurrencies, mining plans, and pools involves significant financial risks, including the possibility of a total loss of your investment.
• Users must fully understand and accept these risks before proceeding.
• BitNexusX does not guarantee any profits or returns from the use of its services or products.

2.2 No Refunds for Total Loss Without Insurance

• BitNexusX does not offer any refunds for total investment losses, regardless of the product or service used, unless explicitly covered by an insurance product.
• Without an optional insurance policy, users will not be entitled to any reimbursement, even in cases of a complete loss of investment.

2.3 Optional Insurance

• Optional insurance is available for specific products, such as mining plans or pools.
• In case of a covered event, the insurance provides a partial refund of 50% of the original investment amount.
• Operational costs, such as maintenance or electricity fees, are excluded from any insurance coverage or refunds.

3. Pre-Sale Terms

3.1 Voluntary Participation

• Participation in the Pre-Sale is voluntary. BitNexusX encourages all users to conduct thorough research before engaging.
• All products and services are accessible prior to the Pre-Sale to ensure complete transparency and understanding.

3.2 Soft Cap Policy

• If the Soft Cap is not reached, 50% of the invested funds will be refunded to participants, as operational costs are incurred during the Pre-Sale.
• Once the Soft Cap is achieved, the BXX token will be tradable on exchanges following an official announcement.

3.3 Risk Acknowledgment

• Participants acknowledge the high risk of Pre-Sale investments, including the potential for total loss.
• Refunds are strictly unavailable unless explicitly covered by insurance.

4. Bitcoin Mining Plans

4.1 Rental Fees and Ownership Terms

• The fees for mining plans represent rental charges. No ownership rights to mining hardware or infrastructure are transferred.
• Mining plans have a fixed duration of either 10 years or 1,000 years. After the expiration of the plan, no further earnings or credits will be issued.

4.2 User-Initiated Termination

• Users may terminate mining plans at any time, subject to a termination fee.
• Payments already made will not be refunded under any circumstances.

4.3 Automatic Termination for Zero Earnings

• If a mining plan generates no earnings for seven consecutive months, the contract will be automatically terminated.
• No additional fees will apply; however, refunds are not available unless insurance coverage applies.

4.4 Insurance for Mining Plans

• Optional insurance for mining plans will provide a 50% refund of the original investment in the event of seven consecutive months without earnings.
• Upon expiration of the contract, 50% of the remaining insurance value will be returned to the user.

5. Investment Pools

5.1 Risk Disclosure

• Pools are high-risk investment products and may result in total loss of funds.
• Users must assess these risks and only invest amounts they can afford to lose.

5.2 Refunds in Case of Total Loss

• Pools without insurance: No refunds will be issued.
• Pools with insurance: If an insured event occurs, 50% of the original investment will be refunded.

5.3 Exclusion of Operational Costs

• Costs related to maintenance, electricity, or other operational expenses are excluded from insurance coverage and are non-refundable.

6. Platform Usage and Google Policies

6.1 Compliance with Policies

• The BitNexusX app is subject to Google Play policies. Users must agree to these policies before using the app.
• Data processing complies with Google’s and BitNexusX’s privacy policies.

6.2 Responsibility for Account Security

• Users are responsible for safeguarding their login credentials.
• BitNexusX assumes no liability for losses arising from the misuse or mishandling of user account details.

7. International Compliance and Legal Obligations

7.1 Compliance with International Laws

• BitNexusX adheres to all applicable laws, including but not limited to:

  • Anti-Money Laundering (AML) regulations,
  • Know Your Customer (KYC) requirements,
  • Tax compliance rules.

• Users must provide all necessary information to meet these requirements.

7.2 Tax Responsibility

• Users are solely responsible for reporting and fulfilling their tax obligations related to investments and earnings.

8. Liability Disclaimer and Risk Acceptance

8.1 No Liability Without Insurance

• BitNexusX assumes no liability for financial losses unless specifically covered by an insurance product.

8.2 User Responsibility

• Users acknowledge that all investments are made at their own discretion and risk. BitNexusX encourages responsible financial decisions.

9. Acceptance of T&Cs

By using BitNexusX services, users explicitly agree to:

• These Terms and Conditions in their entirety,
• The inherent risks associated with cryptocurrency investments, mining plans, and pools,
• The full liability disclaimer for any products not covered by insurance.

10. Final Provisions

10.1 Updates to T&Cs

Changes to these T&Cs will be published on the platform in a timely manner. Users are responsible for staying informed about updates.

10.2 Severability Clause

If any provision of these T&Cs is deemed invalid or unenforceable, the remaining provisions shall remain in full force and effect.

10.3 Governing Law and Jurisdiction

These T&Cs are governed by the laws of the United Arab Emirates (UAE), specifically the jurisdiction of Dubai, where the headquarters of BitNexusX is located.

• In cases where international regulations take precedence, such regulations will override these terms only to the extent required by law.

Effective Date: December 2024