Cryptocurrencies come with a great risk of losing money rapidly due to high volatility. You should consider whether you understand how Cryptocurrencies trading works and whether you can afford to take the high risk of losing your money.

Terms and Conditions

PLEASE READ THESE TERMS OF USE CAREFULLY BEFORE USING ANY SERVICES PROVIDED BY KRYPTO KNIGHT LTD. BY ACCESSING OR USING OUR WEBSITE OR MOBILE APPLICATION, YOU AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE WITH THESE TERMS, PLEASE DO NOT USE OUR SERVICES.

1. Definitions

  1. Account: A personal account created by you on the Website to access and utilize Services.
  2. AML Policy: Anti-Money Laundering policy developed by the Company in accordance with Applicable Law. Accessible on the Website at [Insert URL].
  3. Applicable Law: Laws of Cyprus governing the relationship between you and the Company.
  4. Company: KRYPTO KNIGHT LTD, a Cyprus-incorporated entity (Company Registration Number HE 434989), located at Palias Ilektrikis 5, Nicosia, 1016 Cyprus. Also referred to as “We”, “Our”, or “Us”.
  5. Platform: The online services provided by the Company, including the Website and Mobile Application.
  6. Deposit: Transferring units of Virtual Currency from external wallets to your Account.
  7. Exchange: Converting Virtual Currency to fiat currency or another Virtual Currency through your Account.
  8. Exchange Rate: The value correlation between assets in trading pairs, influenced by demand, supply, value, utility, and other economic factors.
  9. Fee: Charges or commissions levied by the Company for using Services.
  10. Privacy Policy: Company’s policy on personal data collection, storage, and use, accessible on the Website at [Insert URL].
  11. Services: All services provided by the Company on the Platform, detailed in Section 3.
  12. User: Any individual or legal entity that has created an Account and uses the Services, referred to as “You” or “Your”.
  13. Virtual Currency: Decentralized digital assets that are not legal tender, securities, e-money, or classified as money under Applicable Laws.
  14. Website: The Company’s online platform accessible at www.krypto-knight.com.
  15. Withdrawal: Transferring units of Virtual Currency from your Account to external wallets.

2. Acceptance of Terms

2.1 Binding Agreement: These Terms form a legally binding agreement between you and the Company.

2.2 Scope: These Terms apply to all Services, information, texts, and products offered on the Website.

2.3 Consent: By accessing the Website, creating an Account, or selecting the “I agree to the Terms of Use and Privacy Policy” option, you agree to abide by these Terms and acknowledge that you have read and understood them, including the Privacy Policy and AML Policy.

2.4 Eligibility: You must agree to these Terms to use the Website and Services. If you do not agree, refrain from accessing or using our Services.

2.5 Modifications: The Company reserves the right to modify these Terms at any time. Changes take effect immediately upon posting on the Website. Continued use of the Services signifies acceptance of the updated Terms.

2.6 Notifications: Significant changes to these Terms may be communicated via Website announcements or email notifications.

2.7 Entire Agreement: These Terms, along with the Privacy Policy and AML Policy, constitute the entire agreement between you and the Company.

3. Services

3.1 Provided Services: The Company offers the following Services:

  • Exchange of Virtual Currency for other Virtual Currencies or fiat money.
  • Virtual Currency wallet services.
  • Depositing and withdrawing Virtual Currency units on the Platform.

3.2 Exchange Services: Exchanges are based on prevailing spot market rates, which may differ from rates available on other platforms.

3.3 Wallet Services: The Company provides a secure digital wallet for storing, exchanging, and withdrawing Virtual Currencies. Private keys are securely stored by the Company.

3.4 Access Requirements: Deposits of Virtual Currencies are necessary to access the Services.

3.5 Transaction Procedures: Deposits and withdrawals adhere to the guidelines outlined in Section 9.

3.6 Service Availability: The Company may suspend access to the Website, Account, or specific Services at its discretion, restoring funds where possible. Additional fees may apply for fund restoration.

3.7 Supported Currencies: Services are limited to Virtual Currencies supported by the Platform. Users should verify supported currencies regularly.

3.8 Key Management: All keys related to your Virtual Currency holdings are stored by the Company.

3.9 Service Delays: Provision of Services may be delayed due to technical issues, AML/KYC checks, or other circumstances.

3.10 Asset Valuation: The Company may provide an aggregated nominal value of your assets in EUR, BTC, or other currencies based on current exchange rates.

4. User Eligibility

4.1 Account Registration: Access to Services requires creating an Account through the registration process on the Website.

4.2 Eligibility Criteria: Services are available to individuals and legal entities that:

  • Have the legal capacity to enter into contracts.
  • Reside or are incorporated in supported jurisdictions, currently the Republic of Cyprus.

4.3 Account Limit: Only one Account per user is permitted unless expressly authorized by the Company.

4.4 Account Suspension: Users previously suspended by the Company are prohibited from creating new Accounts.

5. Personal Account

5.1 Accuracy of Information: Users must provide accurate, valid, up-to-date, and complete information during Account creation.

5.2 Prohibited Uses: Accounts must not be used for illegal activities, including money laundering, terrorism financing, trafficking, or tax evasion.

5.3 Authorized Representation: Accounts must not be created on behalf of others unless legally authorized.

5.4 Account Security: Users are responsible for maintaining Account security and must not share login credentials.

5.5 Security Breaches: Users must notify the Company immediately of any security breaches or unauthorized Account usage via info@krypto-knight.com.

5.6 Account Suspension: The Company may suspend Accounts without notice if Terms are violated.

6. Registration Requirements

6.1 Verification Process: Accessing Services requires providing necessary information and documents for verification as outlined in the AML Policy.

6.2 Additional Information: The Company may request additional or updated documents at any time. Failure to comply may result in suspension or termination of Services.

6.3 Responsibility for Information: Users are responsible for the accuracy and timeliness of submitted information and must notify the Company of any changes.

6.4 Data Processing: All submitted information is processed in accordance with the Privacy Policy.

7. User Conduct

7.1 Compliance Obligations: Users agree to:

  • Adhere to these Terms and Applicable Laws.
  • Provide truthful and accurate information.
  • Respect the Company’s intellectual property rights.
  • Avoid actions that could damage, disable, or overload the Website.
  • Refrain from unauthorized access attempts.
  • Protect Account credentials and not impersonate others.
  • Use Virtual Currency in compliance with jurisdictional laws.

8. Account Closure & Suspension

8.1 Voluntary Closure: Users may close their Accounts at any time, provided all assets are withdrawn beforehand.

8.2 Asset Withdrawal: Prior to closure, all assets must be transferred to external wallets.

8.3 Suspension Grounds: The Company may suspend Accounts if:

  • Compromise or unauthorized use is suspected.
  • Terms are violated.
  • False information is provided.
  • Regulatory risks are posed.
  • Fraud or legal violations are suspected.
  • Other violations of Terms or Applicable Laws occur.

8.4 Suspension Notifications: The Company may notify users of suspension reasons, requesting wallet information for asset withdrawal.

8.5 Fee Liability: Users remain liable for applicable Fees upon Account closure or suspension.

8.6 No Liability for Suspension: The Company is not liable for any losses resulting from Account closure or suspension.

9. Deposits and Withdrawals

9.1 Depositing Virtual Currency: Users must deposit Virtual Currency as per instructions on their Account page.

9.2 Withdrawing Virtual Currency: Withdrawals can be made at any time, subject to transaction limits and restrictions.

9.3 Withdrawal Amounts: Users may withdraw any amount, provided sufficient Virtual Currency units cover applicable Fees.

9.4 Mining Fees: Withdrawals may incur mining fees determined by blockchain networks. The Company strives to balance fees and processing speed but reserves the right to set mining fees at its discretion. Users can verify fees via respective blockchain explorers (e.g., Blockchain.com Explorer for BTC/BCH, Etherscan for ETH).

9.5 Transfer Liability: The Company is not liable for transfers to incorrect wallets. Users are responsible for ensuring withdrawal information accuracy.

9.6 Irreversibility of Transactions: Blockchain transactions are irreversible once processed. The Company cannot reverse transactions post-submission.

10. Fees

10.1 Fee Structure: Services are fee-based, with Fees displayed prior to transaction execution. The Company does not issue invoices.

10.2 Fee Changes: The Company may alter the Fee structure at any time, notifying users via Website or email.

10.3 Payment of Fees: Fees are payable in the corresponding Virtual or fiat Currency at the time of each transaction.

11. Settlements, Cancellations, and Refunds

11.1 Asset Transfers: Deposits, withdrawals, and exchanges result in corresponding asset debits and credits to user Accounts.

11.2 Exchange Finality: Completed exchanges cannot be canceled or reversed. No refunds are provided for exchanges.

11.3 Company Cancellations: The Company may cancel exchange orders in case of technical faults on the Platform.

12. Content

12.1 Company-Produced Content: The Company may create and display Content on the Website, including text, images, videos, and audio files.

12.2 Non-Advice Disclaimer: Content does not constitute investment, financial, trading, or legal advice unless explicitly stated. The Company is not liable for actions taken based on Content.

13. Intellectual Property

13.1 Ownership: All components and Content of the Website are owned by the Company and protected by copyright, trademarks, and other intellectual property laws.

13.2 Usage Restrictions: Users must not reproduce, modify, distribute, display, or exploit any Content or technology from the Website without prior written consent from the Company.

13.3 Prohibition of Infringement: Any violation of the Company’s intellectual property rights is strictly prohibited.

14. Links to Third-Party Websites

14.1 External Links: The Website may contain links to third-party websites or services not controlled by the Company.

14.2 No Responsibility: The Company is not responsible for the content, privacy policies, or practices of third-party websites or services. Users access such links at their own risk.

14.3 Third-Party Policies: Users should review the public policies of third-party websites linked on the Platform.

15. Confidentiality and Privacy

15.1 Data Protection: Personal information provided by users is governed by the Privacy Policy, accessible on the Website.

15.2 Authorized Disclosure: The Company may disclose personal information to authorized entities as outlined in the Privacy Policy, including law enforcement and regulatory authorities.

15.3 AML Reporting: If the Company suspects a violation of the AML Policy, it will report such behavior and disclose relevant personal information to appropriate authorities in compliance with Applicable Law.

16. Disclaimers and Limitation of Liability

16.1 Performance Liability: Both the Company and users are liable for non-performance or improper performance of obligations under these Terms in accordance with Applicable Law.

16.2 No Warranties: The Website, Content, and Services are provided “as-is” without any guarantees regarding accuracy, reliability, or suitability for a particular purpose.

16.3 Error-Free Operation: The Company does not guarantee that the Website and Services will operate without interruptions or errors.

16.4 Exchange Requests: The Company does not guarantee acceptance, execution, or recording of any exchange requests.

16.5 Service Liability: The Company is not liable for any inability to use the Website or Services.

16.6 Comprehensive Limitation: The Company, its officers, directors, employees, agents, and third-party service providers are not liable for any direct, indirect, incidental, special, punitive, or consequential damages arising from:

  • The accuracy or content of the Website or linked websites.
  • Personal injury or property damage.
  • Third-party conduct.
  • Unauthorized access to Company servers or data.
  • Service interruptions.
  • Transmission of malicious code.
  • Loss or damage from using the Website or Services.
  • Errors or malfunctions related to wallets or blockchain protocols.
  • Regulatory changes or legal actions.
  • Taxation changes related to Virtual Currencies.
  • Technological advancements affecting blockchain security.
  • Market fluctuations of Virtual Currencies.
  • Any other risks associated with Virtual Currencies.

16.7 Legal Compliance: The Company is not liable for events resulting from users’ use of blockchain and Virtual Currencies if such use is restricted or prohibited in their jurisdiction.

16.8 No Advice Provided: The Company does not offer investment, financial, trading, or legal advice.

16.9 Indemnification: Users agree to indemnify and hold the Company harmless from any claims, damages, losses, liabilities, costs, or expenses arising from:

  • Use of the Website and Services.
  • Violation of these Terms.
  • Violation of Applicable Law or third-party rights.

16.10 Force Majeure: Neither party is liable for failure to fulfill obligations due to events beyond their control, such as natural disasters, wars, regulatory changes, or technological failures. Obligations will be extended accordingly until the impediment is resolved.

17. Announcements

17.1 Official Notices: The Company may post announcements, news, and notices on the Website. Users are responsible for staying informed by reviewing these Announcements.

17.2 Liability for Ignorance: The Company is not liable for any losses incurred from users ignoring or neglecting Announcements.

18. Governing Law and Dispute Resolution

18.1 Jurisdiction: These Terms are governed by the laws of Cyprus.

18.2 Negotiation: Users and the Company agree to attempt resolving disputes through negotiation.

18.3 Arbitration and Courts: If unresolved within 60 calendar days, disputes will be submitted to the competent courts in Cyprus or resolved through mediation or as mutually agreed upon by the Parties.

19. Final Provisions

19.1 Term: These Terms remain in effect until terminated by either party. The Company may terminate these Terms at its discretion without providing reasons.

19.2 Unaddressed Issues: Any matters not covered by these Terms are governed by Applicable Law.

19.3 Entire Agreement: These Terms, along with their integral parts, constitute the entire agreement between users and the Company.

19.4 Language Precedence: In the event of multiple language versions, the English version prevails.

19.5 Applicability to All Services: All provisions applicable to the Website also apply to other means of providing Services, including the Mobile Application, unless specified otherwise.

19.6 Contact Information: For questions, comments, or complaints, please contact us at info@krypto-knight.com.