PropW is a product service offered by LT Global Holding Ltd (the "Company" or the "Platform") to CoinW proprietary trading users (the "Service"). The "Service"). Users shall participate in accordance with the terms of the PropW User Agreement (the "Agreement") and the rules and
conditions published by the Platform. For convenience in the presentation of this Agreement, the Company and the Platform collectively use the terms "we" or "us" or "our" in this Agreement. As long as the natural person or other subject accessing the PropW website (http://www.propw.com)
is a user of the Platform, the user will be referred to as "you" or "your" in this Agreement for the sake of convenience of expression. ". We and you are collectively referred to in this Agreement as the "Parties" and either we or you are referred to individually as a "Party".
This
Agreement is legally binding on both parties, and by registering for an account on the Platform, accessing the Platform, and/or using the Services, you agree that you have read, understood and accepted this Agreement and any additional documents and terms posted on the Platform.
The
Platform may revise this Agreement from time to time and post revised and updated versions of the Agreement on the Platform. Revised and updated versions will be effective when posted on the Platform. You acknowledge and agree that your continued use of the Service will be deemed to
constitute your acceptance of, and compliance with, the updated and revised versions from time to time. If you do not fully understand and accept this Agreement or any revisions and updates thereto, do not register for an account on the Platform or use any of the Services on the
Platform.
Risk notice and platform statement:
1. Non-Statutory Currency: Digital assets are not issued by governments, financial institutions or this platform. The vast majority of digital assets are currently unregulated and their value and price are not controlled or protected by central banks or other financial institutions.
2. Price fluctuation risk: The price of digital assets may fluctuate greatly, posing a very high risk to investors or traders in digital assets.
3. Liquidity risk: There is no guarantee that the market for any digital asset is liquid. A lack of willingness to trade at any given time may lead to liquidity problems for digital assets. Cold or illiquid markets can result in losses due to highly volatile prices, making it difficult for market participants to liquidate market positions.
4. Technology Risk: The services provided for digital asset trading are based on fundamental technologies such as computer network technology and blockchain technology. These technologies may encounter failures, defects, hacker attacks, vulnerability exploitation, errors, protocol
failures or other unforeseen risks.
5. Risk of cyberattacks: The intangible nature of digital assets and their heavy reliance on technology may increase vulnerability to cyberattacks and theft. Specific types of cyberattacks may target digital assets due to their network
architecture.
6. Irreversibility Risk: Each digital asset corresponds to its specific unique deposit address. Accidentally depositing any other digital assets to that address results in permanent loss. Similarly, entering the wrong withdrawal address makes transactions irreversible, resulting in
unrecoverable losses. Stolen virtual assets or lost private keys may also be irretrievable.
7. Legal and policy risks: Trading in digital assets and derivatives may be subject to legal, policy and regulatory risks in relevant jurisdictions. Regulatory changes may affect
the demand for digital assets, impacting their price and value. Banks and financial institutions may refuse to process funds for digital asset transactions or maintain accounts for persons or entities conducting such transactions, affecting the usability of digital assets.
8. Tax Risks: You should be particularly aware that profits derived from trading Digital Assets and Derivatives may be subject to taxes, duties or other charges imposed by the relevant jurisdiction. It is your responsibility to report and pay any taxes that may arise from trading in Digital Assets. If you are in any doubt about the tax position or tax liability of an investment or transaction in Digital Assets, you should seek professional advice.
9. Risks of using the Service:
- Internet and Network Risks: Users may experience network communication failures, system failures, interruptions, errors, delays and other communication problems that may result in losses.
- Cyber-attacks and Hacking Risks: Cyber-attacks in the form of viruses, Trojan horses, malicious programs or applications may jeopardize the security of your account and virtual assets and may result in losses.
- Phishing Risk: Attackers may create apps or websites with similar names or domain names to the Platform, inducing users to enter data, personal information, passwords, or other sensitive information, resulting in losses.
- Information or Data Defects: Possible inaccuracies, defects, errors, interruptions, delays, or loss of data transmission may result in losses to users.
- Security Risks: Failure to keep account information secure or setting weak passwords may lead to unauthorized logins or attacks, resulting in losses.
- Regulatory Risks: The Platform may be subject to orders to suspend or terminate services and other regulatory enforcement measures, which may result in users not being able to access their digital assets, leading to losses.
11. Investment and trading in digital assets are extremely risky and are not suitable for the vast majority of people. You understand and appreciate that investment or trading in digital assets may result in partial or total loss, so you should decide the amount of investment based on
the degree of loss you can bear. You understand and appreciate that Digital Assets may give rise to derivative risks and are advised to seek professional advice if you are in any doubt.
12. In addition to the risks mentioned above, other unforeseen risks associated with
investing in digital assets, please refer to and read the Risk Disclosure Statement published on CoinW's website to learn more about the specifics of the risks, but the Risk Disclosure Statement does not list all the risks. You should carefully consider and exercise clear judgment in
evaluating your own financial situation and the risks mentioned above before making any decision to buy or sell digital assets, and bear all the losses arising from such decisions, for which we shall not be liable.
13. The content of this platform is subject to change at
any time without notice. We have taken reasonable steps to ensure the accuracy of the information on this website but do not guarantee it and will not be liable for any loss arising from information on this platform, including failure to link to the Internet or any delay or failure in
transmitting or receiving notices and information.
14. http://www.propw.com is the only official external information announcement platform of this platform.
15. It is prohibited to use this platform to engage in money laundering, fraud, smuggling, terrorist financing and other illegal trading activities or illegal behavior. If any suspected illegal activity is found, the platform may freeze the account or notify relevant authorities, etc. We do not assume any responsibility arising from this and reserve the right to pursue responsibility from relevant persons.
16. Prohibition of Unethical Trading Activities: The platform prohibits the use of malicious market manipulation, improper trading, and all other unethical trading activities. If such activities are detected, the platform reserves the right to take preventive measures such as warnings,
transaction restrictions, or account closure against malicious price manipulation, maliciously affecting the trading system, and other unethical behavior. The platform does not assume any responsibility arising from these actions and reserves the right to hold relevant individuals
accountable.
17. The Legal Disclaimer is an integral part of this Agreement. Users are advised to carefully read and understand the Legal Disclaimer.
1. General
1.1 This Agreement consists of the main text, the PropTrading Privacy Policy, the Risk Disclosure Statement,
The Legal Disclaimer, and all kinds of rules, statements, and instructions issued or to be issued in the future by the Platform ("Additional Documents and Terms").
1.2 Users should carefully read this Agreement and the Attached Documents and Terms before using the services provided by the Platform. Users should seek professional legal advice if they do not understand any part of the Agreement. By logging onto the Platform, using any services, or
engaging in similar behavior, users indicate their understanding and full agreement with the contents of this Agreement, including any modifications made by the Platform from time to time.
1.3 When users click on any button labeled "Agree" or similar during registration,
logging in, or using the Service, they fully understand, agree, and accept all terms and conditions of this Agreement. The absence of a handwritten signature does not affect the legal binding effect of this Agreement.
2. Eligibility to use the Service
2.1 You warrant that:
1) You have read and agree to the terms of this Agreement, the PropW Privacy Policy, the Risk Disclosure Statement, the Legal Disclaimer and other additional documents and terms updated from time to time by the Platform.
2) You are of legal age to enter into a contract according to applicable laws and have the full capacity for civil behavior and civil rights.
3) You have evaluated your financial situation and risk-bearing ability before using the service and are willing to bear any resulting losses.
4) You are not a restricted person.
5) You agree to comply with relevant laws, including tax reporting requirements.
6) You will not engage in conduct detrimental to the interests of the Platform or the Company.
7)You will not use the Services in violation of any laws or regulations.
8)You will not use the Service for unlawful purposes, including money laundering, fraud, and illegal gambling.
2.2 Registration Process
(1) Before using the Services, users must register or fill in an order form to become a Platform user and provide valid email addresses, phone numbers, and other required information. Users must provide accurate and up-to-date information as stipulated by laws and regulations. Users are responsible for the accuracy of their registration information and any resulting losses or adverse consequences.
(2) If the laws, regulations, rules, orders, and other norms of your sovereign country or region require real-name registration for cell phone numbers, you agree to provide a registered cell phone number under your real name. Failure to provide such information in accordance with the provisions of the law will result in your bearing any direct or indirect losses and adverse consequences arising therefrom.
(3) Upon successful registration as a user of the Platform using your account and password, and upon activation of the Service, you may begin using the Service.
(4) Y You consent to receiving emails and/or text messages from the Platform pertaining to the management and operation of the Platform.
3. Products and Services
3.1 About the Service
The Service includes the provision of simulated trading in the cryptocurrency market using other instruments, the provision of analytical tools, training and education. As Prop Trading is a simulation of trading on the financial markets, you should be aware that any trading you conduct through the Service is virtual and not real trading. The simulated trading funds provided to you by the Platform are fictitious, and these virtual funds shall not be used for any actual trading, and the profits and losses generated by you in virtual trading are fictitious. Unless otherwise expressly agreed by the Platform, the profits you obtain in virtual trading will not be converted into actual profits, and the losses you obtain in virtual trading will not be converted into actual losses.
3.2 Types of Products and Services
CPT services include free trials, CPT challenges and verified product services. Through the free trial, you can only use part of the CPT services. Completion of the free trial does not entitle you to access any other types of products and services.
The CPT Challenge option that you select at the time of placing your order is also applicable to the subsequent verification phase. The parameters and currencies involved in the challenge option are the same as those involved in the subsequent validation phase, so you should be careful when choosing the challenge option, and once you have made your choice, you will not be able to change it.
3.3 Client Accounts
3.3.1 Each user is allowed to use only one account.
3.3.1 The total number of queries and verifications per user may be limited based on the total initial capitalization of the products ordered, and you may not transfer or combine your performance, service parameters, data or any other information between products.
3.3.2 Access to the Client and the Trading Platform is protected by registered data, in which the Client may not provide or share personal information with any third party.
3.3.3 The Client may apply for cancellation of the Client's account by sending an e-mail to support@propw.com. The email is considered a request by the Client to terminate the Contract, and if the platform is reviewed and approved, the Client will no longer have the right to use the Services, including logging in to the Client's account and the Trading Platform. In this case, the Client shall not be entitled to obtain a refund from the Platform for any fees paid or otherwise already incurred.
4. Demo Trading Rules
4.1 During the Demo Trading Period, you may execute any trades unless they are trading strategies or practices prohibited by this Agreement.
4.2 You agree that the Platform has the right to access information about the demo trades you execute on the Platform and you agree to share your demo trade information with the Platform.
4.3 Prohibited Trading Practices
4.3.1 During demo trading, it is prohibited to use, intentionally or unintentionally, the following trading strategies:
(a) taking advantage of errors in the platform's services, such as taking advantage of incorrectly displayed prices or errors due to delays in updates;.
(b) Trading using external or third-party data feeds.
(c) using any software, artificial intelligence or potentially manipulating large amounts of data input to give you an unfair advantage in using our systems or services.
4.3.2 You shall understand and agree that all services provided by us are for the personal use of the User only, which means that only you personally can access your CPT Challenge and Verified Accounts and execute transactions.
4.4 If a User has any of the above prohibited trading behaviors:
(a) The Platform may consider it as a failure to fulfill the adjustment or assessment conditions of a particular CPT;
(b) The Platform may disregard the results of any Transaction that violates the Trading Rules or delete the record of any Transaction that violates the Trading Rules;
(c) The Platform may immediately cancel all Services and subsequently terminate this Agreement or cancel the provision of 1:5 product leverage to the account of the violating User.
4.5 The Platform does not assume any responsibility for the User's trading or other investment activities.
4.6 Changes in the financial markets are frequent and sudden. Trading on the financial markets may be unprofitable and may result in
result in significant financial losses. We do not guarantee any profitability of the User's demo trading.
5. Fees and payments
5.1 PropW includes a Challenge Phase Service and a Verification Service, each of which involves different fees, as described in the fee information displayed on the Platform's website.
5.2 The fees for the Challenge Phase vary according to the options, depending on the amount of the initial capital, the acceptable level of risk, etc. The fees for the Challenge Phase vary according to the options. For more detailed information on fees, please refer to the information shown on the Platform's website. Individual discounts and other offers may not be available at the same time, unless otherwise expressly stated on the Platform.
5.3 You shall pay the appropriate fees according to the Challenge Option you have chosen. You should ensure that you have sufficient funds in your CoinW User Account to cover your Challenge Phase Fees and the Platform reserves the right to deduct the corresponding Adjustment Phase Fees from your CoinW User Account. The Platform reserves the right to cancel your order if you do not pay on time or if the amount in your CoinW User Account is insufficient.
5.4 The amount of the Challenge Phase Fees are all denominated in USDT.
5.5 The Platform reserves the right to change the Fees, which will be notified on the Platform's website and will not affect Services purchased prior to the notification of the change.
6. Suspension or Cancellation of Services
6.1 The Platform has the right to suspend, cancel, restrict or stop your access to and use of the Service in accordance with the Agreement and the relevant rules of the Platform in the following circumstances.
1) You fail to provide your identity verification information in accordance with the requirements of the Platform.
2)When you violate the Agreement or the rules of the Platform.
3)When the Platform complies with the instructions of governmental departments, judicial departments, regulatory departments or any authorized authorities.
4)When the Platform is unable to continue to provide services due to force majeure events and/or unforeseen events.
5)When the Platform believes that there are other reasonable grounds to restrict, suspend, pause or terminate the use of your account.
6.2 Commitment to the Service Rules
You undertake to comply with the following service rules of the Platform:
1) You shall comply with the provisions of laws, regulations, and policy requirements, and shall not engage in illegal or other activities that harm the rights and interests of the Platform or a third party on the Platform or by using the services of the Platform, including, but not limited to, sending or receiving any illegal, unlawful, or infringing on the rights and interests of other people, sending or receiving pyramid selling materials or information or remarks that exist other hazards, and using or forging without authorization from the Platform Email subject header information, etc.
2) You shall comply with laws and regulations and properly use and keep your account number and login password, money password, and the cell phone number bound to your registration, as well as the cell phone verification code received by your cell phone. You are fully responsible for any operation and consequences of using your account number, login password, fund password and cell phone verification code. When you find that the account number, login password, or fund password and verification code of the Platform are used by a third party not authorized by you, or there are other account security problems, you should immediately and effectively notify the Platform and request the Platform to suspend the service of the account. You shall not dispose of the account of the Platform to others by granting, borrowing, renting, transferring or otherwise disposing of the account without the consent of the Platform.
3) You agree to be responsible for all activities (including but not limited to information disclosure, release of information, online clicking to agree or submit all kinds of rules and agreements, online renewal of agreements or purchase of services, etc.) occurring under your account number and password on this Platform.
4) You shall not maliciously interfere with the normal conduct of digital asset transactions or disrupt the order of transactions when conducting digital asset transactions on this platform; you shall not interfere with the normal operation of this platform or with the use of the services of this platform by other users by any technical means or in any other way; and you shall not maliciously discredit the goodwill of this platform by means of fabrication of facts and other means.
5) If you have disputes with other users due to online transactions, you shall not request the Platform to provide relevant information through channels other than judicial or administrative ones.
6) In the process of using the services provided by the Platform, the taxable assets generated, as well as all hardware, software, services and other costs, are judged and borne by you alone.
7) You shall comply with the Agreement and other terms of service and operating rules issued and updated by the Platform from time to time, and have the right to terminate the use of the services provided by the Platform at any time.
7. Rights and obligations of the
Platform
7.1 If you do not have the registration qualifications agreed in this Agreement, the Platform has the right to refuse your registration, and if you have already registered, the Platform has the right to cancel your user account, and the Platform retains the right to pursue responsibility from you or your authorized agent. At the same time, the Platform reserves the right to decide whether to accept your registration under any other circumstances.
7.2 The Platform has the right to suspend or terminate the use of the account when it discovers that the account user is not the initial registrant of the account or when it suspects that your account has been misappropriated or used in an unauthorized manner.
7.3 The Platform has the right to notify you to correct or update the information or to suspend or terminate the provision of the Platform's services to you if the Platform reasonably suspects that the information provided by you is incorrect, inaccurate, invalid or incomplete by means of technical testing, manual sampling or other testing methods.
7.4 If the Platform suspects that your account has been or will be used for any illegal, fraudulent, market manipulation, malicious market destruction and other purposes, the Platform has the right to suspend or terminate the use of the account.
7.5 The Platform reserves the right to correct any information displayed on the Platform if it is found to be manifestly incorrect.
7.6 The Platform has the right to suspend or terminate the use of your account if the Platform believes that you have behaved in a way that constitutes a breach of this Agreement or a violation of the Platform's rules.
7.7 The Platform believes that there are other reasonable grounds to restrict, suspend or terminate the use of your account.
7.8 The Platform reserves the right to modify, suspend or terminate the services of the Platform at any time, and the Platform does not need to notify you in advance of the exercise of its right to modify or suspend the services. If the Platform terminates one or more of the Platform's services, the termination shall take effect from the date on which the Platform publishes the termination announcement on its website.
7.9 The Platform will take necessary technical means and management measures to guarantee the normal operation of the Platform and provide necessary and reliable trading environment and trading services to maintain the trading order.
7.10 The Platform has the right to delete all kinds of content information in the Platform that do not comply with laws and regulations or the provisions of the Platform at any time, and the Platform exercises such right without prior notice to you.
7.11 The Platform has
the right to request you to provide more information or data according to the requirements of the laws, regulations, rules, orders and other norms of the sovereign country or region to which you belong, and take reasonable measures to comply with the requirements of the local norms, and
you have the obligation to cooperate. The Platform has the right to suspend or permanently stop opening part or all of the services of the Platform to you in accordance with the requirements of the laws, regulations, rules, orders and other norms of the sovereign country or region to
which you belong.
7.12 If you breach this Agreement, the Platform may publish or otherwise make available to Users of the Platform details of your breach (including any information you have provided to the Platform). The Platform will only do this if it determines that
it is necessary to do so to protect other Users or to comply with applicable law.
8. Account Security
8.1 You shall take appropriate measures to protect the security of your account, you shall be solely responsible for backing up and maintaining a copy of any information you store or transmit through the Platform Services, and you shall take appropriate measures to protect your data and hardware from viruses or malware. We shall not be liable for any claims or losses suffered by you as a result of your failure to comply with the provisions of this clause.
8.2 You shall at all times ensure that the IDs you access are secure. You are responsible for taking the necessary security measures (or ensuring that your authorized users take such measures) to protect your account and secure your Access ID, including but not limited to: creating strong passwords, ensuring that the phone numbers and email addresses provided to us are up to date, not allowing others to remotely access or share your computer and/or computers, not disclosing your passwords to others, promptly logging off from the Platform at the end of each session, and so on. logging out, etc.
8.3 You shall notify us immediately if you learn of or reasonably suspect unauthorized use of your Account or a threat to the security of your Account.
9. Privacy Policy
The Privacy Policy is part of this Agreement. Please refer to the Privacy Policy updated and published from time to time on the Platform's website for details of the policies on the collection and use of personal data in connection with this Agreement and the Platform. You should ensure
that you read and understand the Privacy Policy carefully, and by registering or using the Service, you accept all the terms of the Privacy Policy.
10. Intellectual property rights
10.1 The intellectual property rights of the Platform shall remain with the Company at all times. The intellectual property rights in all intellectual property contained in the Platform including, but not limited to, logos, databases, website designs, text and graphics, software, photographs, videos, music, sounds and combinations thereof, software compilations, associated source code and software (including applets and scripts) are owned by the Platform. You may not reproduce, modify, copy, transmit or use any of the foregoing materials or content for commercial purposes. All rights in the name of the Platform (including, without limitation, goodwill and trademarks and logos) are owned by the Platform.
10.2 The Platform grants you a non-exclusive license to use the intellectual property rights (excluding trademarks) relating to the use of the Platform Services for the duration of this Agreement or for as long as we provide the Platform Services to you. Your access to the Platform or
use of any of the Services provided by the Platform shall not be deemed to be an assignment of any Intellectual Property Rights by us to you. Nothing in this Agreement shall be construed as conferring by implication, estoppel, or otherwise any intellectual property rights or interests
other than fair use on you or your Authorized Licensee, or any third party.
10.3 You must not at any time (except with the written permission of the Platform) do any of the following:
1) copy, modify, publish, transmit, distribute, perform, display or sell any information or data relating to the Platform's intellectual property rights;
2) decompile, reverse engineer or otherwise attempt to discover any source code, algorithms and concepts of the Platform;
3) accessing, acquiring, copying or monitoring any part of the Platform or obtaining or attempting to obtain any materials, documents or information from the Platform using any deep-linking, web-crawling, robotic, spidering or other automated device, program, script, algorithm or methodology, or any similar or equivalent manual process
4) Use reverse lookup, track or attempt to track any information about any other user of or visitor to the Platform's services;
5) probe, scan or test the vulnerability of the Platform Services or any network connected to the Platform or breach any security or authentication measures of the Platform Services or any network connected to the Platform Services;
(6) Use any device, software or
routine to interfere with the proper functioning of the Platform Services, or any transaction on the Platform Services, or the use of the Platform Services by any other person;
7) attempting to gain unauthorized access to any portion or feature of the Platform, or any other system or network connected to the Platform Services or any server of the Platform or any of the Platform Services made available through the Platform, through hacking, password cracking, or any other unlawful or prohibited means;
8) forge, impersonate or otherwise manipulate identities to disguise your identity or the origin of any message or transmission sent to us;
9) facilitating any viruses, Trojan horses, worms or other computer programming routines that may damage, detrimentally interfere with, surreptitiously intercept or expropriate any system, data or information associated with the Platform Services;
(10) modify, reproduce,
duplicate, copy, download, store, further transmit, disseminate, transfer, disassemble, broadcast, publish, remove, or alter any copyright notice or labels, or license, sublicense, sell, mirror, design, rent, lease, privatize, grant a security interest in, or create derivative works
from, or otherwise exploit, any portion of the Platform's Intellectual Property Rights or Intellectual Property Platform Intellectual Property or any part thereof; and/or
(11) violate or attempt to violate (1) any applicable law; or (2) the copyrights, patents, trademarks, trade secrets or other intellectual property rights, or rights of publicity or privacy, of the Platform or any third party.
10.4 Your acceptance of this Agreement shall be deemed to constitute an exclusive transfer to the Platform, without compensation, of the copyright in any form of information published by you on the Platform, including, but not limited to, the right of reproduction, distribution, rental,
exhibition, performance, projection, broadcasting, information network transmission, filming, adaptation, translation, compilation, and any other transferable rights to the extent that they should be enjoyed by the copyright owner. The Platform has the right to file a separate lawsuit
against any subject for infringement and obtain full compensation. This Agreement shall apply to the content of any work protected by copyright law posted by you on the Platform, regardless of whether such content is formed before or after the signing of this Agreement.
10.5
You shall not unlawfully use or dispose of the intellectual property rights of the Platform or others in the course of using the Platform Services. You shall not publish or authorize other websites (and media) to use the information published on the Platform in any form.
11.
Indemnification
11.1 You shall indemnify and hold the Platform harmless from and against any claims, suits, actions, demands, disputes, allegations or investigations brought by any third party, governmental agency or industry body, and from and against all claims, liabilities, damages (actual and
consequential), losses (including any direct, indirect or consequential losses, loss of profits, reputational loss), costs and expenses, including, without limitation, all interest, penalties, legal and other reasonable attorneys' fees, and other professional costs and expenses
("Losses") arising out of or in any way related to: a) your access to, or use of, the Platform Accounts and/or the Services; b) your violation of any Applicable Laws; c) your violation of this Agreement and other Additional Documents and Terms; d) your violate the rights of any third
party.
11.2 You agree to release the Platform from any and all claims and demands (and to waive any rights you may have against the Platform in respect of any losses you may suffer or incur) arising directly or indirectly from any dispute between you and any other user or
other third party arising out of or in connection with the Platform's services (including any Digital Asset Transactions) or the subject matter of these Terms.
12. Right to seek injunctive relief
We and you recognize that the remedies available to us at common law in the event of a breach or threatened breach by you may not be adequate to compensate us for the full amount of the loss we have suffered, and we shall be entitled to seek injunctive relief in the event of a breach or
threatened breach by you and all other remedies permitted by the common law or the law of equity.
13. Limitation and exclusion of liability
13.1 The Platform excludes, to the fullest extent permitted, any liability arising by statute, contract and in respect of any undertaking or warranty.
13.2 You understand and agree that under no circumstances will we be liable to you or to any other person or entity for:
-loss of earnings;
-Loss of investment profits or principal;
-Losses due to service interruption, cessation, delay, system unresponsiveness;
-Losses due to abnormal technical problems;
-Losses due to information problems;
-loss of opportunity, goodwill or reputation;
-Losses resulting from you entering an incorrect receiving account number or address;
-You transfer to the account digital assets that are not supported by the Platform;
-damage, loss, inaccuracy, defect or omission of data and any errors or delays in the transmission of such data and any interruption of such data;
-theft of equipment supporting access to or use of the Platform;
-the cost of purchasing substitute products or services;
-any indirect, special or incidental loss or damage arising from tort (including negligence), breach of contract or any other cause whatsoever, whether or not such loss or damage was reasonably foreseeable by us and whether or not we have been advised of the possibility of such loss or damage, other than loss caused to you by our willful intent or gross negligence; and/or
-any risk identified in the Risk Disclosure Statement updated from time to time;
13.2 You understand and agree that we will not be liable for any damages to you as a result of any of the following:
-Your possible material violation of law or breach of
contract;
-Your behavior on the Platform is suspected to be illegal or unethical;
-Your account on the Platform is suspected of being under investigation by any judicial authority or any judicial authority has ordered the Platform to freeze, stop payment, confiscation and other circumstances;
-Costs and losses arising from the act of purchasing or obtaining any data, information or conducting transactions through the services of the Platform or alternative acts;
-Your misunderstanding of the Platform Services; and/or
-Any other losses not caused by us in connection with the services provided by the Platform.
13.3 We are not liable for losses caused by maintenance of information network equipment, suspension of maintenance of system services, failure of information network
connections, failure of computers, communications or other systems, power failures, hacking, computer viruses, weather, accidents, strikes, labor disputes, riots, insurrections, commotions, lack of productivity or means of production, fires, floods, storms, explosions, war, bank or other
partners, the collapse of the digital asset market, governmental acts, orders of judicial or administrative authorities, acts outside our control or beyond our ability to control, or third parties, and shall not be liable to you for any loss caused by the inability to serve or delay in
serving you.
13.4 We cannot guarantee that all information, programs, texts, etc. contained in the Platform are completely safe and free from interference and damage by any viruses, Trojan horses and other malicious programs, therefore, your login, use of any services on the Platform or download and
use of any programs, information, data, etc. downloaded from the Platform are your personal decisions and at your own risk and possible losses.
13.5 We do not make any warranty or promise regarding any information, products and business of any third party websites linked
to this Platform and any other form of content that does not belong to our subject matter, etc. If you use any of the services, information and products provided by third party websites, etc., it is your personal decision and you will bear all the responsibilities arising therefrom.
13.6 We do not make any express or implied warranty for your use of the services of this platform, including but not limited to the applicability of the services provided by this platform, no errors or omissions, continuity, accuracy, reliability, fitness for a particular purpose. We
also do not make any promises or warranties about the validity, accuracy, correctness, reliability, quality, stability, completeness and timeliness of the technology and information involved in the services provided by this platform. Whether or not to access or use the services provided
by the Platform is your personal decision and at your own risk and possible loss.
13.7 Our warranties and undertakings set out in this Agreement are the only warranties and representations made by us in relation to this Agreement and the Services provided by the Platform
and are in lieu of any other warranties and undertakings arising in any other manner and by any means, whether written or oral, express or implied. All such warranties and representations represent our own undertakings and assurances only and do not guarantee any third party's compliance
with the warranties and undertakings in this Agreement.
13.8 The Services provided by us do not constitute investment advice or recommendation to you and the Platform does not authorize any of its employees or representatives to provide you with any investment advice or recommendation.
13.9 We do not waive any right we have to limit, exclude or set off our liability for damages to the fullest extent applicable by law that is not mentioned in this Agreement.
13.10 By activating or using the Platform Services, you acknowledge that any risk arising from
any operation carried out by us in accordance with the rules set out in this Agreement shall be borne by you.
13.11 The above liability and disclaimer shall apply to the fullest extent permitted by law and shall continue to apply after termination or expiration of this Agreement or termination of the User's use of the Service.
14. Third-party services
Third Party Services. We may provide certain services to you through third parties. You have authorized third parties to connect to your Account and use your data to provide you with Services. You acknowledge and agree that you will not hold the Platform liable for, and will indemnify
and hold the Platform harmless from, any liability arising out of or in connection with any act or omission of any third party that has access to your account. You may change or delete the permissions you grant to third parties in connection with your account at any time through the tabs
on the Platform's account settings page.
15. Termination of the Agreement
15.1 The Platform has the right to unilaterally terminate this Agreement if the User fails to complete the enrollment and payment for the Challenge Phase.
15.2 The Platform has the right to terminate all of the Platform's services in accordance with this Agreement, and this Agreement shall terminate on the date of termination of all of the Platform's services.
15.3 After the termination of this Agreement, you shall not have the right to require the Platform to continue to provide you with any services or perform any other obligations, including but not limited to requiring the Platform to retain for you or disclose to you any information in its original Platform account, to forward to you or to a third party any information that it has not read or sent.
15.4 Termination of this Agreement shall be without prejudice to any other liability that the defaulting party may claim against the breaching party.
16. Dispute Resolution
16.1 Any dispute arising out of or relating to this Agreement or any document or transaction relating to this Agreement (including any dispute or claim relating to (i) the existence, validity or termination of this Agreement and (ii) any non-contractual obligation arising out of or in connection with this Agreement (the "Dispute")) shall be referred first to and amicably resolved through negotiation.
16.2 If a Dispute is not resolved through negotiation, such Dispute shall be subject to arbitration in accordance with the rules of the Hong Kong International Arbitration Center ("HKIAC") currently in force. The place of arbitration shall be Hong Kong. The arbitral tribunal shall consist of one (1) arbitrator appointed in accordance with the rules of the HKIAC for the time being in force. The language of the arbitration shall be English. The arbitral award shall be final and binding on both parties. The arbitration provision set forth herein shall survive the termination of these Terms.
16.3 You agree that any claim arising out of any Dispute shall be brought in your individual capacity and, to the extent permitted by applicable law, you further agree to waive any right to bring, hear or arbitrate such claim by way of a joint, class, representative or private attorney
general action.
17. Assignment
The rights and obligations set forth in this Agreement shall be binding on the assigns, heirs, executors, and administrators of the parties who receive the benefit of such rights and obligations. You may not assign to any third party without our consent, or the assignment will be void.
In the event that the Company is acquired by or merged with another third party, we have the right in all cases to assign our rights and obligations under this Agreement as part of such merger, acquisition, sale or other change of control.
18. Integrity of Agreement
This Agreement (as updated from time to time) and any published Platform Rules (as updated from time to time) constitute the entire agreement between you and the Platform with respect to the Platform Services.
19. Severability
If any provision of this Agreement is held by any court of competent jurisdiction to be unenforceable, invalid or illegal, it shall not affect the validity of the remaining provisions of this Agreement.
20. Non-Agent Relationship
Nothing in this Agreement shall be deemed to create, imply, or otherwise treat us as your agent, trustee, or other representative, except as otherwise provided in this Agreement.
21. Waiver
A waiver by either of us or you of liability for pursuing a breach of contract or other liability under this Agreement shall not be deemed or construed to be a waiver of any other breach of contract; and the failure to exercise any right or remedy shall not be construed in any way as a waiver of such right or remedy.
22. Force Majeure
The Platform shall not be liable for any delay or failure of performance under this Agreement in the event that performance is delayed or prevented by an event of force majeure.
23. Headings
All headings are for convenience only and are not intended to expand or limit the content or scope of the terms of this Agreement.
24. Application of Laws
This Agreement is entered into in its entirety under the laws of the Hong Kong Special Administrative Region, and the laws of the Hong Kong Special Administrative Region shall apply to its formation, interpretation, content and enforcement; any claim or action arising out of or in
connection with the services provided herein shall be governed by, construed and enforced in accordance with the laws of the Hong Kong Special Administrative Region.
25. Notifications
25.1 The Platform may send notices by email to the email address you provide. It is up to you to ensure that you provide a current and accurate e-mail address. If a notice is sent by email address, it will be deemed to have been sent and received whether or not you receive a notification of failed delivery.
25.2 Any notice, consent or other communication given under these Terms must be in writing in English and signed or otherwise authorized by the party giving it.
25.3 The e-mail address used by the Platform for sending and receiving notices is the URL support@Propw.com
26. Complaints and Suggestions
If you have any complaints about the services provided by the Platform or any suggestions for improving the services provided by the Platform, you may send an email to us at the URL support@Propw.com
27. Entry into force and interpretation of the Agreement
27.1 This Agreement shall come into effect when you register as a user of the Platform or access, log in or use the Platform, and shall be binding on both parties.
27.3 The final interpretation of this Agreement shall be vested in the Platform.
28. Definitions
Applicable Law means all relevant or applicable statutes, laws (including common law rules), equitable principles, rules, regulations, supervisory principles and requirements, notices, orders, writs, injunctions, judgments, by-laws, rulings that apply to the provision, receipt or use of the Platform Services or the provision, use or acceptance of any other products or deliverables in connection with the Platform Services, these Terms or any User Agreement, directives, announcements, circulars, mandatory codes of conduct, guidelines, practice notes and interpretations (whether of governmental, regulatory or other bodies or self-regulatory organizations of which the Platform is a member).
Digital Asset means a digital representation of value or rights that can be transferred and stored electronically using distributed ledger technology or similar technology, including, but not limited to, cryptocurrencies, stablecoins, non-homogenized tokens, and tokenized derivatives of
any other digital asset.
Email Address means the email address associated with your account as agreed with the Platform from time to time in connection with your use of the Platform and in accordance with any process determined by the Platform
Force
Majeure Event means:
A. any fire, strike, riot, civil commotion, act of terrorism, war or labor action;
B. any natural disaster such as floods, tornadoes, earthquakes and hurricanes;
C. any epidemic, pandemic, or public health emergency of national or international concern;
D. any act or regulation enacted by any government, multinational agency or authority that, in the opinion of the Platform, prevents the Platform from providing the Services on the Platform;
Any act or regulation that prevents the Platform from providing the Services on the Platform;
E. the suspension or closure of any other Affiliate Partner;
F. Nationalization of any Affiliate Partner of the Platform;
G. governmental restrictions or unusual terms imposed on any Digital Asset traded on the Platform;
H. Excessive movements in the price, supply or demand of any Digital Asset;
I. Technical failures of transmission, communication or computer facilities, including power failures and electronic or equipment failures;
J. Failure by any provider, intermediary broker, agent, master custodian, sub-custodian, dealer, trading platform, pledge platform, liquidity pool, cross-chain bridge technology provider, secured digital asset issuer, market maker, clearing agency or regulator to fulfill its obligations with respect to the Platform.
K. The Liquidity Provider does not provide or is unable to provide liquidity to the Platform;
L. Any labor or labor dispute, strike, labor action or lockout; and/or
M. Events that materially disrupt the market for Digital Assets, including excessive movements in the price, supply or demand for Digital Assets.
Intellectual Property Rights refer to the rights established by law pertaining to the outcomes of human intellectual endeavors, held by the Company and its principals, management, employees, external vendors, etc., capable of generating property value. These rights include, but are not
limited to: (a) Trademarks, logos, databases, website designs, text, graphics, software, program designs, photographs, sound recordings, video recordings, motion pictures, music, sounds, and combinations thereof. Software designs, source code, software for associated programs (including
dependent applications, mobile device applications, system scripts, and scenarios).Patents, design rights, copyrights, trade secrets, and other rights, titles, interests (whether registered or unregistered). (b) Applications for the registration of any of the aforementioned and the right
to apply for such registrations. (c) All other forms of intellectual property rights and equivalent or similar protections existing globally.
Regulator denotes any governmental, executive, legislative, judicial, administrative, supervisory, or regulatory authority, agency, quasi-governmental body, court, commission, governmental organization, self-regulatory organization with a regulatory body, tribunal, arbitral tribunal or
panel of experts, or supranational organization, including any tax authority.
Trademarks encompass the intellectual property rights associated with trademarks, service marks, and logos utilized and showcased on or through the Platform, the Website, and/or the Platform Services.