TERMS OF USE OF SERVICES

These Terms of Use and any terms expressly incorporated herein ("Terms") apply to any person (natural person or otherwise) (“User/ You” or “you”) accessing or using, any services made available by following service providers (“We/Our/Us") depending on your residency and date of registration on this website or mobile application (the “Website” or "Site"), and to any other related services provided by Us (collectively, the “Services”). By accessing or using or attempting to access or use any Services in any manner whatsoever, You agree to be bound by these Terms. You may also be subject to such additional terms and conditions while using certain features of the Services, as may be applicable to such features.

Mudrex INC.

Mudrex INC., a Delaware registered company, which owns and operates the ‘Mudrex’ Technology Platform in US, and shall hereinafter be referred to as “Mudrex Delaware”;

Mudrex TR UAB Holdings

Mudrex TR UAB Holdings, a Vilnius, Lithuania registered company ("Mudrex TR), for Users who are residents of Lithuania and European Union;

RPFAS Technologies Private Limited

RPFAS Technologies Private Limited, an Indian private limited company (“Mudrex IN), for Users who are residents of India;

In respect of EUR or fiat currencies or Crypto/Crypto Trading (Digital Payment Token Exchange Service), Crypto lending (Token Lending Service), Crypto earning, and wallet services, Users registering with the Mudrex TR.

In respect of INR to crypto (Crypto/Crypto Trading (Digital Payment Token Exchange Service), Crypto lending (Token Lending Service), Crypto earning, and wallet services, Users registering with the Mudrex IN.

The Mudrex Platform is owned by Mudrex Delaware, which has licensed the Platform to Mudrex TR and Mudrex IN to operate and provide Services on the Platform.

Where the terms “Mudrex” is used in these Terms, it shall mean either Mudrex TR or Mudrex IN as the case may be for their respective Users.

The Privacy Policy and any other policies communicated by Us shall be applicable to Your use of the Services and shall be deemed incorporated herein by reference.

Description of Services

The Services; We offer include providing software services to assist and facilitate Users in trading assets, including but not limited to cryptographic tokens and currencies, equities, and assets in foreign exchange markets (“Trading Assets”).

1. Preamble

By clicking on the "Create Account" button or by visiting the Website, we may provide you with access and utility through our trading platform via software, API (application program interface), technologies, products and/or functionalities. A description of the Services provided by us is contained in Clause 8 of these Terms. A list of defined terms and their meaning is contained in Clause 26 of these Terms.
As described in these Terms, you agree to be legally bound by these Terms and all terms incorporated by reference. If you do not agree to be bound by these Terms, do not access or use the Services. Certain clauses in these Terms will be different depending on whether you are a User of Mudrex TR or Mudrex IN. Where this is the case, the relevant Clause will set out which User the Clause applies to.

2. Modification of Terms

We may, at Our sole discretion, change, modify, add, or remove portions of these Terms and the Services from time to time without any prior written notice to You. We may do this for a variety of reasons including to reflect changes and requirements under the law, new features, or changes in business practices. It is Your responsibility to review these Terms periodically for updates/changes. Your continued use of the Services following the posting of changes will be deemed as Your acceptance of the revisions and that You agree to such amended Terms.

3. License to Use Our Site

You may, subject to these Terms:

View accessible pages from Our Site;
Download accessible pages from Our Site; and
Print accessible pages from Our Site.

You shall not, unless You own or control the relevant rights in the material:

Republish or redistribute material from Our Site (including republication on another website);
Sell, rent, or sub-license material from Our Site;
Show any material from Our Site in public; and
Exploit material from Our Site for a commercial purpose other than through the use of the Services to trade Your Trading Assets in accordance with these Terms.

4. Eligibility and Restriction of Third-Party Use

General Requirements: The Services are intended solely for Users who are 18 (Eighteen) years and above and who satisfy the criteria described in these Terms. You represent and warrant that You: (a) are of legal age to form a binding contract (at least 18 (Eighteen) years old); (b) have not previously been suspended or removed from using our Services; (c) have full power and authority to agree to these Terms; and (d) are not prohibited in the jurisdiction applicable to You from undertaking activities on respect of the Services. You hereby agree to provide up-to-date, complete and accurate information on Your account.

Prohibited Jurisdiction: Note that We may not make all of the Services available in all markets and jurisdictions, and may restrict or prohibit use of all or a portion of the Services from Restricted Locations, which at this time include Hong Kong, Belgium, Cuba, Iran, Japan, North Korea, Crimea, Malaysia, Singapore, Syria, United States of America including all U.S.A. territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas), the Bahamas, Canada, , Bolivia, Donetsk, Luhansk, and Malta. The content of the Terms shall not be excluded from the laws of the country or region under which the user belongs. As a result, if you do not meet these eligibility requirements, do not use Our Services.

Third-Party Use of Account: You will use the Services and Your User Account (as defined below) only for Yourself and not on behalf of, or for the account of, any third party. In case You intend to trade on behalf of another entity or third party, You shall intimate Us separately of such intent. If We have approved Your account for trading on behalf of any other entity or third party through a prior email approval, You will use the Services and Your User Account solely for the use of the specified other entity or third party. If You use any Services on behalf of any other entity or third party, You agree to these Terms on behalf of Yourself and for such other entity or third party, and You represent and warrant that You have the authority to bind the other entity or third party to these Terms and that both You and the other entity or third party will be jointly and severally liable under these Terms for any violation of these Terms or any other act or omission by the other entity or third party or by You. You agree and acknowledge that We shall not be liable for any loss or costs incurred due to the breach of this Section 3.b. You hereby agree that You shall not, and shall not permit third parties to:

Enter any non-public/secure areas of the Site, and shall only trade on their behalf with Your User Account (as defined below), if given approval;
Send viruses, junk email, spam, chain letters, unsolicited offers or ads of any kind, and for any purpose;
Investigate, scan or test the Site or any other related system or network or violate any security or authentication;
Use any automated systems or software to withdraw data from the Website;

5. Potential Issues with the Site

You hereby acknowledge and agree that We shall not be liable for any direct or indirect damage You suffer as a result of the use of the Site or the Services provided thereon, including but not limited to:

The proper functioning of hyperlinks provided by the Site;
Any situation where Users' mobile device, login details, and/or password are stolen, and any third party subsequently makes use of the Site or the Services without User’s consent;
Any damage or alteration to User’s equipment including but not limited to computer equipment or a handheld device as a result of the installation or use of the Site or the Services; and
A failure to meet any of Our obligations under these Terms where such failure is due to events beyond Our reasonable control.

6. Account

User Account: In order to use any of the Services, You must create and maintain an account through the Services (“User Account”). To create or maintain Your User Account, or enable functions on Your User Account, You will be required to provide Us with certain information and documentation, including, as applicable, the information and documentation associated with identity verification and other screening procedures described in Section 6.b, below. You will:

create a unique password;
provide complete and accurate information;
promptly update any information You have provided so that the information is complete and accurate at all times;
maintain the security of Your User Account by protecting Your password from unauthorized access or use;
promptly notify Us if You discover or suspect any unauthorized access or use of Your User Account or any security breaches related to Your User Account; and
be responsible for all activities that occur under Your User Account, and accept all risks of any authorized or unauthorized access to Your User Account.

Enhanced Security: We may offer optional enhanced security features for Your User Account (including, for example, two-factor authentication). We encourage, but may not require, You to use any such enhanced security features. Whether You enable the enhanced security features or not, it is Your responsibility to ensure the security of, and Your continuous control over, any device or account that may be associated with the enhanced security features.

Identity Verification: We may, in Our discretion, require identity verification and other screening procedures with respect to You or the transactions associated with Your User Account. These verification and screening procedures may include, without limitation, checking the information You provide to any governmental authority. You may be required to provide Us with certain personal information, including, but not limited to, Your name, address, telephone number, email address, date of birth, passport number, photograph of Your government-issued ID, and any other information as may be required. You hereby authorize Us, directly or through a third party, to make any inquiries We consider necessary to verify Your identity and/or protect against fraud, including but not limited to:

query identity information contained in public reports (e.g., Your name, address, past addresses, or date of birth);
query account information associated with Your linked bank account (e.g., name or account balance); and
take action We reasonably deem necessary based on the results of such inquiries and reports.

Responsibility for Account Activities: You will be bound by, and hereby authorize Us to accept and rely on, any agreements, instructions, orders, authorizations and any other actions made, provided or taken by anyone who has accessed or use Your User Account regardless of whether the access is authorized or unauthorized. Upon receipt of written notice from You that the security of Your User Account has been compromised, We will take reasonable steps to protect Your User Account, including, for example, to cease to allow actions initiated using any compromised account passwords, in the event such actions are not already compromised account passwords, in the event such actions are not already completed. We shall, under no circumstance, shall be liable for any loss incurred by You by an unauthorized use of Your User Account.

7. Prohibited Business

Any use of our Services in connection with any of the following categories of activities or businesses is prohibited (“Prohibited Businesses”), and we reserve the right at all times to monitor your transactions or accounts that are related to any of the following Prohibited Businesses:

Adult content and services;
Religious and/or spiritual organizations;
Shell Banks or financial institutions that have customers that are Shell Banks;
Entities with bearer share ownership;
Defense industry, firearms & munitions manufacturers;
Nuclear energy;
Restricted financial services, including but not limited to credit repair, debt settlement, refinance, bail bonds, collections agencies;
Fraud;
Gambling;
Intellectual property infringement;
Defamation or abuse;
Terrorist financing;
Money laundering;
Distributing or funding drugs and drug paraphernalia; or
Malicious hacking;
Transactions or business involving ivory and protected species.

8. Description of Our Services

We provide an online trading platform to trade Digital Assets (“Digital Assets” as defined below, and also known as virtual financial assets, cryptographic tokens, digital tokens, and/or cryptographic currency) and derivatives linked to Digital Assets or indices thereof. Buyers and sellers place orders on our Platform. Users may request the withdrawal of their Digital Assets, subject to the limitations as stated in the Terms. Users will be able to access their Digital Assets in their wallets, which are held and safely kept by us.

INR/Crypto Trading

The crypto asset exchange service is a service accessed through the Mudrex IN Platform whereby Mudrex IN provides a price and execution for crypto asset/fiat. The functionalities available under this service enable Users to trade the crypto assets by posting their buy and/or sell orders on the platform. Prices and execution are offered by Mudrex IN. The order(s) placed by Users shall remain active for a time period as may be prescribed by Mudrex from time to time, post which Mudrex shall have the right to invalidate the said order(s).

EUR/Crypto Trading

The crypto asset exchange service is a service accessed through the Mudrex TR Platform whereby Mudrex TR provides a price and execution for crypto asset/fiat. The functionalities available under this service enable Users to trade the crypto assets by posting their buy and/or sell orders on the platform. Prices and execution are offered by Mudrex TR. The order(s) placed by Users shall remain active for a time period as may be prescribed by Mudrex from time to time, post which Mudrex shall have the right to invalidate the said order(s).

Crypto/Crypto Trading

Other Fiat Currencies/Crypto Trading

Derivatives

You can trade derivative products linked to Digital Assets or indices composed of them with other Users. The functionalities available under this service enable Users to trade the derivative products by posting their buy and/or sell orders on the platform. Prices and execution are offered by Mudrex TR. The order(s) placed by Users shall remain active for a time period as may be prescribed by Mudrex from time to time, post which Mudrex shall have the right to invalidate the said order(s).

9. Risk Disclosures of Trading Assets; Cryptocurrency

The trading of any type of Trading Assets, especially Cryptocurrencies and Cryptocurrency Derivatives, and the use of other Services provided by Us, involves significant risks and potential for financial losses, including without limitation the following:

The features, functions, characteristics, operation, use, and other properties of Cryptocurrencies (“Currency Properties”) and the software, networks, protocols, systems, and other technology (including, if applicable, any blockchain) (“Underlying Technology”) used to administer, create, issue, transfer, cancel, use, or transact using the Cryptocurrencies may be complex, technical, or difficult to understand or evaluate.
The Cryptocurrencies, their Underlying Technology, the Site, and other Services may be vulnerable to attacks on the security, integrity, or operation of the Cryptocurrencies or their Underlying Technology (“Threats”), including Threats using computing power sufficient to overwhelm the normal operation of a blockchain or other Underlying Technology.
Cryptocurrencies, their Properties, or Underlying Technology may change or otherwise cease to operate as expected due to a change made to the Underlying Technology, a change made using features or functions built into the Underlying Technology, or a change resulting from a Threat.
The Cryptocurrency or other Trading Assets, as applicable, may be canceled, lost, or double-spent, or otherwise lose all or most of their value due to various Threats, changes to the Currency Properties, or failure of the Cryptocurrency to operate as intended.
We may suspend or cease to support the transfer or trading of any Trading Asset at any time at Our discretion.
The Services may not support Cryptocurrency other than the Trading Assets, or their related side chains or other Underlying Technology that are based on an enhancement (“Derivative Protocols”) even if the Derivative Protocol is based on any of the Trading Assets.
We may suspend or reject Your transaction requests, suspend or cease support for certain Cryptocurrencies, or suspend or terminate Your access to the Services to comply with applicable laws or regulations or an order from law enforcement or other governmental authority, for other reasons as specified in these Terms or otherwise at Our discretion.
Any Cryptocurrency may decrease in value or lose all of its value due to various factors including discovery of wrongful conduct, market manipulation, changes to Currency Properties or perceived value of Currency Properties, Threats, suspension or cessation of support for a Cryptocurrency by Us or other exchanges or service providers, and other factors outside Our control.
You may be prevented from sending a transaction request, or Your transaction request or email may not be received by Us or the Services, due to hardware, software, or services issues (including, without limitation, Internet and other network connectivity issues).
Your transaction request or email to Us or the Services may be lost, intercepted, or altered during transmission.
Unauthorized third parties may access or use Your User Account and effect transactions without Your knowledge or authorization, whether by obtaining the password to Your User Account, obtaining control over another device or account used by You in connection with any enhanced security measures enabled for Your account, or by other methods.

The risks described in this Section 9 may result in loss of Cryptocurrency, decrease in or loss of all value for the Cryptocurrencies, inability to access or transfer Cryptocurrencies, inability to trade Cryptocurrencies, inability to receive financial benefits which are available to other Cryptocurrency holders, and other financial losses to You. You hereby assume and agree that We will have no responsibility or liability for, such risks. You hereby irrevocably waive, release and discharge any and all claims, whether known or unknown to You, against Us, its Affiliates and their respective shareholders, members, directors, officers, employees, agents and representatives related to any of the risks set forth herein.

You represent and warrant that You have: (a) the necessary technical expertise and ability to review and evaluate the security, integrity and operation of any Cryptocurrency or Cryptocurrency Derivative that You decide to acquire or trade; and (b) the knowledge, experience, understanding, professional advice and information to make Your own evaluation of the merits and risks of any Cryptocurrency or trade as supported by the Services. You accept the risk of trading Cryptocurrencies or Cryptocurrency Derivatives by using the Services and are responsible for conducting Your own independent analysis of the risks specific to the Cryptocurrencies, Cryptocurrency Derivatives and the Services. You should not place any “Orders” to acquire or trade any Cryptocurrency Derivatives unless You have created Your Strategy and have placed the appropriate amount of Trading Assets (“Margin”).

You represent and warrant that You have the technical ability and expertise to understand and evaluate the consequence or effects of any trading contracts (including Orders) You make, including such of these contracts or trades as may remain outstanding from time to time, after squaring-up or netting-off any of such trades, to the extent feasible (“Position”).

As and by way of illustration only: if You make a first trade by placing an Order that is then executed, for 5 "long" contracts, Your Position will be treated as closed as regards such trade, if you subsequently place and have executed, an order for 5 "short" contracts; this Position on the "long" trades will however, be open until the execution of the 5 "short" contracts against which it is then subsequently netted-off.

Our decision to support transfer, storage or trade any particular Cryptocurrency or Cryptocurrency Derivative through the Services does not indicate Our approval or disapproval of the Cryptocurrency or the integrity, security or operation of the Cryptocurrency or its Underlying Technology. The risks associated with Cryptocurrencies or Cryptocurrency Derivatives and trading them applies notwithstanding Our decision to support a particular Cryptocurrency or any Cryptocurrency Derivative as supported by Our Services. We (a) do not provide trading advice, (b) do not have any fiduciary duty to You or any other user, and (c) do not make any warranty about the suitability of the Cryptocurrency for trading or ownership by You.

10. Disclaimers in Relation to Trading

Any information provided to You from Mudrex or an employee of Mudrex or a user of Mudrex should not be treated as financial advice, and no employee of Mudrex should be considered a financial advisor. Any communication made by Mudrex in any form, chat on support channel, email, material on the site should not be treated as financial advice. We are not liable for any losses incurred due to any action taken by You in accordance with any information provided to You from Mudrex.

You hereby acknowledge and agree that nothing made available on the Site, or through the Services provided by Us, shall constitute or is intended to constitute:

A financial promotion, an advertisement for any particular investment or investment business, or an invitation or inducement to engage in investment activity;
Investment advice, including advice on the merits of buying, selling, subscribing for, underwriting, or exercising rights in relation to a particular security or investment;
The making of an arrangement for another person to buy, sell, subscribe for, or underwrite a security or investment; or
Any financial service or activity regulated or controlled by or pursuant to applicable law.

You agree that You are using the Services provided by Us at Your own risk, and Mudrex, its affiliates, employees, clients, and agents will not be liable for any losses you may incur as a result of trading on our platform or using Our Services. The value of shares and investments, and the income derived therefrom can increase or decrease, and You may not receive the amount invested. Past performance is not necessarily a guide to future performance. No copied trader, account, portfolio, and/or strategy guarantees the future performance of the User’s account, or any specific level of performance, the success of any investment strategy, or the success of the overall management of Mudrex. Investment strategies are subject to various market, currency, economic, political, and business risks.

You acknowledge and agree that You have read, understood, and accepted the disclaimers listed under this Section 10 as an inherent part of these Terms. To the maximum extent permissible under applicable law, neither Mudrex nor any of its affiliates shall be liable for (a) any loss arising from adhering to Your written or oral instructions; (ii) any loss You may suffer by reason of any decision made or other action taken by an account elected to be copied by the User; or (c) specifically any loss arising from any investment decision made or other action taken or omitted in good faith by any copied account, strategy, and/or portfolio.

Custody of Assets: By transferring your assets to Mudrex, you are handing over custody of said assets to Mudrex. We will retain custody of assets which basically means that we will have legal access to the assets, however, we will always act in consonance with the instructions provided by You. We will be your partner and we will always behave in your best interest.

Fees

Service Fees: You acknowledge that we will act as a broker which will involve levying service fees. However, we will never levy any fees without providing you with a fair notice or without intimating you so you will always be aware of the applicable service fees....

Subscription Fee: While the creation of a User Account on the Site will provide access to certain basic features to You, You are required to pay a subscription fee to use all of the features included in Our Services, which is offered for a fixed amount payable on a monthly basis (“Monthly Subscription Fee”).

Other Services and fees Strategy: You will have access to the software to create Your own strategy of trade (“Strategy”) upon registration of Your User Account. You hereby agree and acknowledge that any sample Strategies available for Your Use or reference shall not be construed as financial advice, and You shall not own any such sample Strategy created by Us. You hereby warrant that all details and information included in Your Strategies shall be true and accurate. We shall not, under any circumstance whatsoever, be liable for any mistakes, errors or misrepresentations by You or other Users.

Cancellations: You may only cancel an Order initiated via the Services if such cancellation occurs before Your Order has been matched with an Order from another user. Once Your Order has been matched with an Order from another user, You may not change, withdraw, or cancel Your authorization in order for Us to complete such Order.

Interaction amongst Users

We provide You and other users of the Services with the option to interact with each other through messages on the Site.

We endeavor to ensure safe and enjoyable interactions between all users of the Services. However, We do not bear any liability or responsibility for any user interactions. We are not responsible if You intentionally, or otherwise, disclose Your personal information to other users in the free text areas of the Site, email correspondence, or in any publicly accessible forum. You agree to use caution in all interactions with other users, in any manner and through any medium.

Unacceptable Use or Conduct

You will not –

violate any law, regulation, contract, intellectual property or other third-party right, or commit a tort while using the Services;
use the Services in any manner that could interfere with, disrupt, negatively affect, or inhibit other users from fully enjoying the Services, or that could damage, disable, overburden, or impair the functioning of the Services in any manner;
use the Services to pay for, support, or otherwise engage in any illegal gambling activities, fraud, money-laundering, or terrorist activities, or other illegal activities;
use any robot, spider, crawler, scraper, or other automated means or interface not provided by Us to access the Services or to extract data;
use or attempt to use another user’s account without authorization;
attempt to circumvent any content filtering techniques We employ or attempt to access any Service or area of the Services that You are not authorized to access;
introduce to the Services any malware, virus, trojan worms, logic bombs, or other harmful material;
develop any third-party applications that interact with our Services without our prior written consent, or unless otherwise agreed;
provide false, inaccurate, or misleading information;
post content or communications that are, in our sole discretion, libelous, defamatory, profane, obscene, pornographic, sexually explicit, indecent, lewd, vulgar, suggestive, harassing, hateful, threatening, offensive, discriminatory, bigoted, abusive, inflammatory, fraudulent, deceptive, or otherwise objectionable;
post content containing unsolicited promotions, political campaigning, or commercial messages (SPAM) or any chain messages or user content designed to deceive or trick the user of the Service;
post content containing private information of any third-party, including, but not limited to, addresses, phone numbers, email addresses, Social Security numbers, and credit card numbers; or
encourage or induce any third party to engage in any of the activities prohibited under this Section.

11. PRIVACY POLICY

Please refer to Our privacy policy for information about how We collect, use, and share Your information. Our Privacy Policy is available here.

12. WARRANTIES AND REPRESENTATIONS

You represent, warrant and acknowledge that:

You are authorized to access and use the Site; in particular,
The jurisdiction where You reside, hold citizenship, or conduct business in such jurisdictions as mentioned under these Terms that allows You to utilize the Services;
If You are using the Site on behalf of or for the benefit of any organization, then it is assumed that You have the right to do so. The organization and You will be jointly and severally liable for Your actions, including any breach of these Terms;
Your use of the Services is at Your own risk. You agree that We shall not be liable for any damage or harm arising out of Your use of the Services;
If a corporation or other legal person, the physical person accepting these Terms of Use has all the requisite corporate permissions and authorities required to open an Account and enter into these Terms of Use on that entity´s behalf and that the opening of the Account is not in breach of any license or other regulatory or legal prohibition that will negate such application;
The information provided on the Site is for general information purposes only and is given in good faith. However, the information is selective, and We may not verify all information, which may not be complete or accurate for Your purposes and should not be relied upon without further inquiry. The information should not be construed as a recommendation to trade or engage the Services provided by Us in a particular manner; and
We do not warrant that the use of the Services will be uninterrupted or error-free. Among other things, the operation and availability of the systems used for accessing the Services, including public computer networks and the internet, can be unpredictable and may from time to time interfere with or prevent access to the Services. We are not in any way responsible or liable for any such interference that prevents Your access or use of the Service.

We provide no warranty about the Services. Without limiting the foregoing, We do not warrant that the Services will meet Your requirements or that it will be suitable for Your purposes. To avoid any doubt, all implied conditions or warranties are excluded insofar as is permitted by law, including, without limitation, warranties of merchantability, fitness for purpose, title, and non-infringement.

You warrant and represent that You are acquiring the right to access and use the Site and agreeing to these Terms for the purposes of a trade and that, to the maximum extent permitted by law, any statutory consumer guarantees or legislation intended to protect non-business consumers in any jurisdiction does not apply to the supply and use of the Site or these Terms.

13. SERVICE PERFORMANCE

We deny all liability for the timely operation of the Services, where You or a third party is providing the computer equipment upon which the Service is depend upon for any part of its functionality.

By using the Service, You confirm Your understanding that the timely operation of the internet and the World Wide Web is governed by constraints beyond Our control. You accept that We are not liable for any perceived slow operation of, or any server or technical issues in relation to, the Services.

By using the Service, You accept that all trade executions pursuant to any of Your Orders to trade the Trading Assets which You have executed are final and irreversible.

By using the Service, You accept that We reserve the right to liquidate or close any trades at any time regardless of the profit or loss that You may have incurred while trading on any Position.

We do not warrant that the Service will meet Your requirements; that the Service will be uninterrupted, timely, secure, or error-free; that the information provided through the Service is accurate, reliable, or correct; that any defects or errors will be corrected, or that the Service will be available at any particular time or location. You assume full responsibility and risk of loss resulting from Your use of the Service.

14. COMPLIANCE WITH APPLICABLE LAW

You are specifically responsible for complying with all applicable laws related to Your trading activities and other use of the Services, including, without limitation, any reporting obligations and payment of all applicable taxes. You will determine what, if any, taxes apply to the Trades and any other transactions You complete via the Services, and it is Your responsibility to report and remit the correct tax to the appropriate tax authority. We will not be responsible for determining whether taxes apply to Your trades or for collecting, reporting, withholding, or remitting any taxes arising from any trades.

Additionally, you agree to comply with all relevant laws of Lithuania, the European Union, and India and any relevant laws and regulations in any other applicable jurisdiction(s). Regarding the prevention of terrorist financing and anti-money laundering (“AML”), and also compliance with laws and regulations in any applicable jurisdiction(s) more generally, we will work with the Competent Authorities and local, regional, national, and multi-national authorities around the world as required, and may provide any information associated with You to such authorities. We may also access and disclose information we stored associated with You to external third parties if, in our sole discretion, we believe doing so is required or appropriate to: comply with relevant law enforcement or national security requests and legal procedures in any applicable jurisdiction(s), such as a court order or a subpoena; protect your, our, or others’ rights, property, or safety; enforce our applicable service terms, user agreement, trading rules, operational rules, policies, or any other agreements; collect amounts owed to us; or assist with an investigation or prosecution of suspected or actual illegal activity.

15. ANTI MONEY LAUNDERING

You acknowledge that due to anti-money laundering regulations within Your jurisdiction, including not limited to anti-money laundering regulations under applicable laws in relation to the legal usage of Mudrex Services in Your local jurisdiction, including but not limited Law on the Prevention of Money Laundering and Terrorist Financing, 5 AMLD Rules (Directive (EU) 2018/843 of the European Parliament and of the Council of 30 May 2018 amending Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, and amending Directives 2009/138/EC and 2013/36/EU and Prevention of Money Laundering Act, 2002.

We may, however, require further documentation for verifying Your identity and the source of funds used to trade using the Services prior to any confirmation of an Order. You further agree to provide Us, at any time, with such information as We determine to be necessary and appropriate to verify compliance with the anti-money laundering regulations of any applicable jurisdiction or to respond to requests for information concerning Your identity from any governmental authority, self-regulatory organization or financial institution in connection with its anti-money laundering compliance procedures, and to update such information as necessary.

16. CHANGES; SUSPENSION; TERMINATION

Suspension or Termination of Services and Account: We may, at Our sole discretion and without liability to You, with or without prior notice and at any time, temporarily suspend or permanently terminate Your access to all or a portion of any Services, suspend Your User Account; and/or edit Your account details.

Termination by User: You may also at Your sole discretion terminate Your Account by sending us a written request stating Your intentions to do so. Upon the receipt of Your request, We will provide You with a written notice of 30 (Thirty) days (“Notice Period”) to permanently terminate Your Account.

No Liability: We will not be liable for any losses suffered by You resulting from any modification of any Services or from any suspension or termination of Your access to all or a portion of any Services. If and when Services resume, You acknowledge that the valuations and exchange rates of Your Trading Assets may differ significantly from the valuations and rates prior to such event.

17. PROPRIETARY RIGHTS

Ownership of Services: The Services and all technology, content and other materials used, displayed or provided in connection with the Services including the Site (“Mudrex Materials”) together with all intellectual property rights in any of the foregoing are, as between You and Us, owned by Us or Our licensors. The Mudrex Material are protected by copyrights, patent, trademark and other applicable laws.

Limitations: You may use the Mudrex Materials solely as authorized by Us in connection with Your use of the Services for as long We permit You to continue to access the Services. Without limiting the foregoing: You will not (a) resell, lease, lend, share, distribute or otherwise permit any third party to use the Site, Services or Our materials or use the Site, Services or Mudrex Materials in any service bureau environment; (b) modify or create derivative works of the Site, Services or Our materials, or any portion thereof; (c) frame, display or incorporate the Site, Services or Mudrex Materials in any website or any other work of authorship; (d) decompile, disassemble, reverse engineer or attempt to discover the source code of the Site, Services or Mudrex Materials; (e) use the Site, Services or Mudrex Materials to design, develop or create any competing product or service; or (f) otherwise use the Site, Services or Mudrex Materials for any commercial or non-commercial purpose other than their intended purposes determined at Our discretion. "Mudrex”, any product or service names, logos, and other marks used on the Site or Mudrex Materials, or otherwise in connection with the Services, are trademarks owned by Us or its licensors. You may not copy, imitate or use them without Mudrex's prior written consent.

User License: In accordance with these Terms, You grant to Us a license to use Your API Key(s) and Your Strategies to approach other Users and facilitate the trade pursuant to the Strategies created by You, upon receipt of such request or requirement from You. You hereby expressly warrant that all content created and stored on Your User Account is owned and created solely by You, and You are, thereby, allowed to license such Strategies or content created in Your User Account.

18. THIRD-PARTY CONTENT

In using the Services, You may view content provided by third parties (“Third-Party Content”). We do not control, endorse, or adopt any Third-Party Content and shall have no responsibility for Third Party Content, including without limitation material that may be misleading, incomplete, erroneous, offensive, indecent, or otherwise objectionable. In addition, Your business dealings or correspondence with such third parties are solely between You and the third parties. We are not responsible or liable for any loss or damage of any sort incurred as the result of any such dealings, and You understand that Your use of Third-Party Content, and Your interactions with third parties, is at Your own risk.

19. DISCLAIMER OF WARRANTIES

To the maximum extent permitted under applicable law, the Site, the Services, the materials and any Service provided by or on behalf of Us are provided on an “as is” and “as available” basis and We expressly disclaim, and You waive, any and all other warranties of any kind, whether express or implied, including, without limitation, implied warranties of merchantability, fitness for a particular purpose, title or non-infringement or warranties arising from course of performance, course of dealing or usage in trade. Without limiting the foregoing, does not represent or warrant that the Site, the Services or Our materials are accurate, complete, reliable, current, error-free, or free of viruses or other harmful components.

20. INDEMNIFICATION

You will defend, indemnify, and hold harmless Mudrex, its affiliates, and their respective shareholders, members, directors, officers, employees, attorneys, agents, representatives, suppliers and contractors (collectively,“Indemnified Parties”) from any claim, demand, lawsuit, action, proceeding, investigation, liability, damage, loss, cost or expense, including without limitation reasonable attorneys’ fees, arising out or relating to (a) Your use of, or conduct in connection with, the Services;(b) Your violation of these Terms; or (c) Your violation of any applicable law or the rights of any other person or entity. If You are obligated to indemnify any Indemnified Party, We, at Our discretion, will have the right to control any action or proceeding and to determine whether We wish to settle, and if so, on what terms.

21. LIMITATION OF LIABILITY

In no event will the liability of Mudrex, its affiliates and their respective shareholders, members, directors, officers, employees, attorneys, agents, representatives, suppliers or contractors arising out of or in connection with Site, the Services, the Mudrex Materials, any performance or non-performance of the services, or any other product, service or other item provided by or on behalf of Us, whether under contract, statute, strict liability or other theory (including, for avoidance of doubt, any negligence by Us) exceed the amount of the fees paid by You to Us under this agreement in the 12 (Twelve)-month period immediately preceding the event giving rise to the claim for liability.

22. BREACH OF TERMS

Without prejudice to Our other rights under these Terms, if You breach any of the Terms in any way, or if We reasonably suspect that You may have breached the Terms in any way, We may: Send one or more formal warnings to You, if the breach can be remedied or corrected by You; Temporarily suspend Your access to Our Site and suspend Your User Account; Permanently prohibit You from accessing Our Site and Our Services; Block computers using Your IP address or contact any or all of Your internet service providers and request that they block Your access to Our Site; and/or Commence legal action against You, whether for contractual breach or otherwise.

23. DISPUTE RESOLUTION

With the exception only of disputes related to the enforcement or validity of Our intellectual property rights, all disputes, controversies or claims arising out of or relating to these Terms or the Services, will be resolved through confidential binding arbitration held in Lithuania.

You agree that any dispute arising out of or related to these Terms or the Services is personal to You and Us and that any dispute will be resolved solely through individual arbitration. The arbitrator will have exclusive authority to make all procedural and substantive decisions regarding any dispute and to grant any remedy that would otherwise be available in court. The arbitrator may only conduct an individual arbitration and may not consolidate more than one individual’s claims, preside over any type of class or representative proceeding or preside over any proceeding involving more than one individual.

24. GOVERNING LAW

The interpretation and enforcement of these Terms, and any dispute related to these Terms or the Services, will be governed by and construed and enforced in accordance with the laws of Republic of Lithuania, without regard to conflict of law rules or principles that would cause the application of the laws of any other jurisdiction. You agree that We may initiate a proceeding related to the enforcement or validity of Our intellectual property rights in any court having jurisdiction.

25. OTHER TERMS

Remedies: If You violate any of these Terms, We may, as We determine reasonably necessary to remedy or mitigate Your violation, delete all or part of such information transmitted by You, suspend or cancel Your User Account, or suspend the transfer of the Trading Assets owned by You without any prior notice to You. We shall in no event be responsible or liable for any damage incurred by the user as a result of an action taken by Us pursuant to this paragraph. Any right or remedy of Mudrex set forth in these Terms is in addition to, and not in lieu of, any other right or remedy whether described in these Terms, under statute, at law or in equity.

Affiliates and Contractors: An “Affiliate” is, with respect to a legal entity, another legal entity that controls, is under common control with, or is controlled by the first legal entity. The Site and any Services may be operated or provided by Us, Our Affiliates or their respective contractors. To the extent that Our Affiliate, or contractor is operating or providing any Services, the Affiliate or contractor’s provision of such Services will be under terms identical to these Terms substituting the Affiliate or contractor’s name wherever Mudrex’s name occurs in these Terms.

Non-waiver: Our failure or delay in exercising any right, power, or privilege under these Terms shall not operate as a waiver thereof.

Severability: The invalidity or unenforceability of any of these Terms shall not affect the validity or enforceability of any other of these Terms, all of which shall remain in full force and effect.

Force Majeure: We will have no responsibility or liability for any failure or delay in performance of any Services, or any loss or damage that You may incur, due to any circumstance or event beyond Our control, including without limitation any flood, extraordinary weather conditions, earthquake, or other act of God, fire, war, insurrection, riot, labor dispute, accident, action of government, communications, power failure, or equipment or software malfunction.

Assignment: You may not assign or transfer any right to use the Services or any of Your rights or obligations under these Terms without prior written consent from Us, including by operation of law or in connection with any change of control. We may assign or transfer any or all of its rights or obligations under these Terms, in whole or in part, without notice or obtaining Your consent or approval.

Customer’s Assets: We hold customer’s assets with utmost care and in the event of any loss suffered by the customer due to our actions or omissions then in such an event we “make good the loss” suffered by the customer.

Entire Agreement; Order of Precedence: These Terms contain the entire agreement and supersede all prior and contemporaneous understandings between the parties regarding the Services. In the event of any conflict between these Terms and any other agreement You may have with Us, these Terms will control unless the other agreement specifically identifies these Terms and declares that the other agreement supersedes these Terms.

26. Definitions

API means the application programming interface provided by Mudrex.

App means the Mudrex responsive web widget, the data supplied with the software, and the associated media.

Business Day means a day other than a Saturday, Sunday, or a public holiday in your jurisdiction when financial institutions in London are open for business.

Coin Wallet means an online address accessible through the Platform and controlled and operated by a User for storage of their Digital Assets.

Content means any information, text, graphics, or other materials uploaded by Mudrex or the Users, which is accessible on the Platform.

Digital Assets refers to cryptocurrencies, including but not limited to Bitcoin, Litecoin, Ethereum, Ripple, etc., as well as proprietary coins and tokens (including Non-Fungible Tokens).

Fiat Wallet means an online address accessible through the Platform and operated by a User for the storage of the User's fiat currency holdings.

Funds refers to both Digital Assets and fiat currency, as the case may be.

Linked Bank Account refers to any bank account owned and operated by the User and held with a Scheduled Commercial Bank, whose details were provided by the User during the activation process as mentioned herein.

Sanctions Lists has the same meaning ascribed under the law.

User is any natural or juristic person who uses the Platform and avails the Services. Users may also be referred to as "you" or "your."