Terms & Conditions
1. (Purpose)
The purpose of these terms and conditions is to stipulate rights, obligations, responsibilities, and other necessary matters between the company and members regarding the conditions and procedures of use of services provided by Nexus X (hereinafter: the company).
2. (Explanation, explanation and revision of the terms and conditions)
The contents of these terms and conditions are posted on the company’s service membership-related website or notified to users in other ways, and the user agrees to these terms and conditions while signing up as a member. The company amends these terms and conditions to the extent that it does not violate related laws, such as the “Act on the Regulation of Terms and Conditions”, “Act on Promotion of Information and Communications Network Utilization and Information Protection, etc.” and “Act on Reporting and Use of Specific Financial Transaction Information” You can. If the company intends to change these terms and conditions, it must notify the members of the change and individually notify them one month before the change. However, when the terms and conditions are urgently changed due to amendments to laws and regulations or changes in government policies, the changed terms and conditions must be announced for at least one month and individually notified to users. When the company gives notice and individual notice in the preceding paragraph, “Members may terminate the contract from the time the changes to the terms and conditions are posted or notified until the business day before the effective date of the changed terms and conditions, and if the company does not raise any objection to the changes In this case, it is deemed that the changes to the terms and conditions have been approved.” must be notified of the purpose of The member may terminate the contract from the time the change of the terms and conditions is posted or notified until the business day before the effective date of the changed terms and conditions. If the member expressly expresses his/her intention not to agree to the application of the amended terms, the company cannot apply the contents of the amended terms, and in this case, the member may terminate the use contract. However, if there are special circumstances in which the existing terms and conditions cannot be applied, the company may terminate the contract of use. 3. (Rules other than the terms and conditions) In relation to service use, these terms and conditions take precedence, and matters not stipulated in these terms and conditions are subject to related laws or commercial practices.
3. (Rules other than the terms and conditions)
In relation to service use, these terms and conditions take precedence, and matters not stipulated in these terms and conditions are subject to related laws or commercial practices.
4. (Definition of Terms)
Definitions of terms used in these terms and conditions are as follows. Member: A person who has signed a service use contract with the company by signing up for membership after accepting these terms and conditions. ID: Refers to the e-mail address or mobile phone number registered by the member for identification and service use. Password: A password set by a member according to a combination of letters and numbers approved by the company to confirm member identity and protect member information. Virtual asset: Information that exists electronically in a block chain such as Bitcoin (BTC), Ethereum (ETH), etc., and refers to the purpose of the service.
5. (Establishment of the contract of use)
Users apply for membership by filling in member information according to the registration form set by the company and expressing their intention to agree to these terms and conditions. Membership registration is made when the company’s approval reaches the member. The company may refuse or withhold approval in the following cases. When a user under the age of 19 applies for If the application is not made under a real name or using someone else’s name In case of application with false information If there are insufficiencies in the application requirements set by the company If it is difficult to obtain approval due to the circumstances of the company, such as insufficient facilities or technical difficulties Members who sign up for fraud by stealing personal information other than their real name or other person’s name or phone number cannot receive legal protection.
6. (Customer Confirmation)
When a member intends to use virtual asset-related services such as virtual asset transaction and deposit/withdrawal, the company verifies and verifies the identity of the member. The company rejects the member’s use of virtual asset-related services in the following cases. If the member refuses to proceed with the customer confirmation and verification procedure in the preceding paragraph, or the result is different from the truth.
7. (Consent to use of member information)
The company uses the member’s personal information for the purpose of fulfilling the contract of use, such as the provision of services. In order for members to conveniently use the company and services affiliated with the company, member information may be provided to companies affiliated with the company. However, before providing member information, the company must notify the affiliates, the purpose of provision, and the contents of the member information to be provided in advance and obtain the member’s consent. More details on the use of member information can be found in the Privacy Policy.
8. (Change of Member Information)
Members can view and modify their personal information at any time through the personal information modification screen. However, the real name, date of birth, gender, ID, etc. required for service management cannot be modified. In the event that the information entered at the time of membership application is changed, the member must make the correction online or notify the company of the change by e-mail or other means.
9. (Member’s obligation to manage member ID and password)
Members are responsible for all management of ID and password. Members are responsible for all consequences arising from negligence in management and illegal use of IDs and passwords assigned to members, and the company is not responsible for them. However, this is not the case in the case of intention or negligence of the company. When a member becomes aware that his/her ID has been used illegally, he/she must notify the company and follow the company’s instructions.
10. (Provision of Information)
The company may provide information about products and usage guides for the convenience of use for the following services by phone, e-mail, text message service (LMS/SMS), and SNS. In this case, the member can opt out at any time. Virtual asset transaction related services Services related to events and marketing (however, limited to members who have agreed to receive the information) Services provided to members by other companies as determined from time to time.
11. (Type of service)
The types of services provided by the company include virtual asset transaction brokerage (including transaction API provision, market price information search, etc.), deposit and withdrawal services. The types of services provided by the company may be changed from time to time depending on the circumstances of the company, and the copyright and intellectual property rights for the services provided belong to the company. In relation to the service, the company grants the member only the right to use the account, ID, service, etc. according to the conditions of use set by the company, and the member cannot provide similar services or engage in commercial activities using it.
12. (Content of Service)
The company notifies the characteristics, procedures and methods of each service according to the type of service through the service screen, and members must understand each service announced by the company and use the service. The company may change or terminate all or part of the individual services it is providing according to operational and technical needs in cases where there are significant reasons. In this case, the company notifies the user at least 7 days in advance.
13. (Suspension of Service, etc.)
In principle, the use of the service is 24 hours a day, 365 days a year, unless there is a special obstacle in the business or technology of the company. However, this does not apply to the day or time set by the company prior to the need for regular inspections. The company may divide the service into a certain range and set the available time for each range separately. In this case, we will notify you in advance. The company may suspend the provision of services in any of the following cases. In this case, the company notifies in advance of stopping the provision of services unless it is unavoidable. In case of unavoidable circumstances due to construction such as maintenance of service facilities When the key telecommunication service provider stipulated in the Telecommunications Business Act suspends the telecommunication service In the case of services provided by a third party such as an affiliated company rather than the service provided by the company directly, if the service is stopped by a third party such as an affiliated company In case of other force majeure reasons The company may limit or suspend all or part of the service when there is an obstacle to the normal use of the service due to a national emergency, power outage, service facility failure, or excessive use of the service.
14. (Restriction on Service Use and Termination)
In the following cases, the company may restrict the member’s use of the service by blocking login or by stopping or delaying transactions, deposits, and withdrawals. In case of stealing another person’s ID or password or using personal information In case of intentionally obstructing the operation of the service If the registered name is not your real name In case the service is used for the purpose of violating related laws such as the Criminal Act or undermining the public interest In case of unauthorized collection, storage, and disclosure of other people’s personal information or infringing other people’s legitimate rights When a large amount of information is transmitted or advertisement information is transmitted for the purpose of interfering with the stable operation of the service In case of distributing computer virus programs that cause malfunction of information and communication facilities or destruction of information When information obtained by using the company’s services is reproduced, distributed, or used commercially without the company’s prior consent In case of When trading virtual assets on behalf of others for the purpose of earning profits such as fees If the member is a minor In case the security password is entered incorrectly 5 times in a row If it is related or reasonably suspected to be related to crimes such as hacking, account hijacking, identity theft, fraud, voice phishing, money laundering, or other similar illegal activities In case it is related or reasonably suspected to be related to regular trading, fake trading, price manipulation, fraudulent trading, disrupting market order, or other acts that violate agreements with the company In the case of acquiring virtual assets or KRW for the reasons of the preceding subparagraph In case of acquiring or receiving another person’s virtual assets or KRW without authorization due to erroneous deposit/withdrawal information, financial accidents, etc. If the company intends to restrict a member’s use of the service, the reason, date, and period are set and the member is notified using the method specified in Article 10 of these Terms and Conditions. However, if it is recognized that it is urgently necessary to restrict the use of the service, the company may restrict the use of the service without prior notice.
15. (Service Fee)
The company charges a fee in return for providing services to members. Fees are specified in the service usage guide and may change depending on the company and market conditions.
16. (Protection of Personal Information)
The company strives to protect members’ personal information as stipulated by relevant laws and regulations. Members’ personal information is used only for the purpose and scope agreed by the member for the smooth provision of services. The company does not provide personal information of members to third parties unless otherwise agreed by law or by the member, and details are set out in the personal information processing policy.
17. (Company’s Indemnification and Damage Compensation)
The company does not guarantee any matters not specified in these terms and conditions in relation to the service. Also, the company does not guarantee the value of virtual assets that the company does not issue or guarantee payment. If the company cannot provide the service due to natural disasters, DDoS attacks, IDC failure, server down due to service access surge, line failure of key telecommunication service providers, etc., the company is not responsible for service provision. are exempted. The company is not responsible for unavoidable failures due to problems with the block chain, defects or technical problems of the virtual asset issuance management system itself, defective communication service providers, or regular server inspections. The company is not responsible for any failure to use the service or its results due to reasons attributable to the member.
18. (Disclaimer of representation and guarantee)
The company does not have the authority to act on behalf of the member, and any actions of the company are not regarded as acting on behalf of the member. The company does not guarantee the existence, authenticity, and legality of the intention to transact with respect to transactions between members through the services provided by the company.
