TERMS AND CONDITIONS OF USE FOR SINGULAR CLOUD LTD
Last Updated: October 2023
These terms and conditions (the “Terms“) govern your use of the services of Singular Cloud Ltd (the “Company” operating the website www.singularcloud-ltd.com (the “Website“) and any services provided by the Company (the “Services“). By accessing or using the Website and Services, you agree to be bound by these Terms. If you do not agree to these Terms, please do not use the Website or Services.
By using the Website and Services, you acknowledge that you have read, understood, and agree to these Terms and the policies of the Company as shown on its website including but not limited to the Privacy Policy. These Terms constitute the entire agreement between you and the Company regarding your use of the Website and Services.
- Acceptance of Terms
By using the Website or Services, you represent that you are of legal age to enter into a binding contract and that you accept and agree to be bound by these Terms and all applicable laws and regulations.
The Company reserves the right to modify, amend, or update these Terms at any time without notice. Any changes will be effective immediately upon posting on the Website whereas you are responsible to review these Terms regularly.
- Account Registration
To access certain features of the Website and Services, you may be required to create an account and provide accurate and complete information.
You are solely responsible for maintaining the confidentiality of your account information, including your username and password, where applicable. You agree to notify the Company immediately of any unauthorized use of your account and/or when you believe that your account has been compromised.
The Company may, at its sole discretion, suspend or terminate your account at any time without notice for any reason, including but not limited to violation of these Terms and/or in case your account is under investigation.
- Risk Warning
Cryptocurrency investments are highly speculative and involve a significant level of risk. You acknowledge and understand that the value of cryptocurrencies can be extremely volatile and may result in substantial financial loss.
The Company does not provide investment advice or recommendations. You are responsible for conducting your own research and making informed investment decisions as the Company only provides exchange services from cryptocurrency in FIAT (EUR or USD) as per the request of clients. It is noted that the Company is not associated and/or affiliated with any broker and/or investment firm and only operates as a Service Provider on the basis of the present Terms and Conditions. To this effect, the Company does not accept any responsibility for any losses which may be incurred on your trading account should you decide to invest your capital.
- Applicable regulations
You agree to comply with all applicable laws and regulations, including but not limited to anti-money laundering (AML) and know-your-customer (“KYC”) requirements.
The Company may at its discretion request additional information and documentation to verify your identity and ensure compliance with legal obligations and reserves the right to suspend your account until you conform with the said request.
- Security
You are responsible for safeguarding your account and personal information. The Company undertakes to implement necessary mechanisms and take reasonable measures to protect your data, but cannot be held responsible for any unauthorized access, loss, or breach of your account information.
- Fees
The Company will charge fees for exchange services, which will be clearly disclosed to you. You agree to pay all applicable fees associated with your use of the Services.
- Termination
The Company may terminate or suspend your access to the Website and Services at its sole discretion, without notice, for any reason, including violation of these Terms and or where there are reasonable grounds to believe that you have engaged in unlawful and/or suspicious and/or manipulative activity in breach of the present Terms.
- Disclaimer of Warranties
The Website and Services are provided “as is” and “as available,” without warranties of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.
- Limitation of Liability
The Company shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising out of or in connection with your use of the Website or Services.
- Governing Law
These Terms shall be governed by and construed in accordance with the laws of Bulgaria, without regard to its conflict of law principles.
- Contact Information
If you have any questions or concerns about these Terms, please contact us at [email protected]