This Agreement is entered into between you (hereinafter referred to as "you" or "your") and SGX-pro. By accessing, using or clicking "I Agree" on City of Dreams' website (), any service provided by its mobile application, or other related services provided by SGX-pro or any of its affiliates as further described in Section 4 below (hereinafter collectively referred to as the "Service"), you acknowledge that you have read, understood and accepted all the terms and conditions set forth in this Terms of Use Agreement (hereinafter referred to as the "Terms of Use"), as well as our published Privacy Statement. In addition, when using some features of the Service, you may also be subject to additional terms and conditions applicable to those features. Please read these terms governing your use of the Service carefully. These Terms of Use contain some important provisions, including an arbitration provision requiring all claims to be resolved by binding arbitration. The arbitration provisions are set forth in Section 14 below, "Dispute Resolution: Venue of Arbitration, Arbitration, Class Action Waiver, Governing Law". Like any asset, the value of digital currencies may fluctuate and there is a significant risk that you may incur financial losses when buying, selling, holding or investing in digital currencies. By using this service, you acknowledge and agree that:
(1) you understand the risks associated with digital currency transactions;
(2) you bear all risks associated with using this service and conducting digital currency transactions;
(3) SGX-pro is not responsible for such risks or adverse consequences. By accessing, using or attempting to use this service in any capacity, you acknowledge that you accept and agree to be bound by these Terms of Use. If you do not agree, please do not access or use this product.
1. Terms of Agreement
SGX-pro reserves the right to determine, modify or change these Terms of Use at any time at its sole discretion. SGX-pro will notify you of changes by updating the revised terms on the web page () and revising the [Latest Revision Date] displayed on this page. Any and all modifications or changes to these Terms of Use will be effective immediately after they are posted on the website or sent to users. Therefore, your continued use of SGX-pro's services constitutes your acceptance of the revised agreement and rules. If you do not agree to any changes to these Terms of Use, please stop using the Service immediately. SGX-pro encourages you to review these Terms of Use frequently to ensure that you understand the terms and conditions that apply to your access and use of the Product.
2. Eligibility
By registering for an SGX-pro account (as defined in Section 5 below), you represent and warrant that you:
(a) are 18 years of age or older or have reached the legal age to enter into a binding contract under applicable law;
(b) are an individual, legal person or other organization with full legal capacity and authority to enter into these Terms of Use;
(c) have not been previously suspended or disqualified from using the Service;
(d) you do not currently have an SGX-pro account. If you are an employee or agent of a legal entity and are entering into these Terms of Use on its behalf in this capacity, you represent and warrant that you have all necessary rights and authority to bind that legal entity.
3. Prohibited Use Terms
By accessing and using the Service, you represent and warrant that you are not included in any trade or economic sanctions list (such as the United Nations Security Council Sanctions List). SGX-pro reserves the right to select the markets and jurisdictions in which to operate its business and may, at its sole discretion, restrict or refuse to provide the Service in certain countries.
4. Description of the Service
SGX-pro provides an online digital asset trading platform (crypto-to-crypto) for products commonly referred to as crypto tokens, digital tokens or cryptocurrencies (collectively, "Digital Currencies"). SGX-pro does not provide fiat currency trading functionality as part of the Service. City of Dreams acts only as a trading platform provider and not as a buyer or seller on either side of a transaction. SGX-pro is also not a market maker. As further detailed in Section 5 below, users must register and open an account with SGX-pro and deposit digital assets before commencing trading. Traders may apply to withdraw digital assets, subject to the restrictions set forth in these Terms of Use. Although SGX-pro strives to maintain the accuracy of the information published on the Service, SGX-pro cannot and does not guarantee the accuracy, applicability, reliability, completeness, performance or suitability of the content provided through the Service, and shall not be liable for any loss or damage that may arise directly or indirectly from your use of such content. Information on the Service may change without notice and is provided primarily to help users make independent decisions. SGX-pro does not provide investment or consulting advice and is not responsible for the use or interpretation of information on the Service or other communication media. All users of the Service must understand that there are risks in digital currency trading. SGX-pro expects all users to act with caution and trade responsibly to the best of their ability.
5. SGX-pro Account Registration and Requirements
a. Registration
All users of the Service (hereinafter referred to as "Users") must apply for an SGX-pro account at () before using the Service. When registering an account, you must provide your real name, email address and password and accept these Terms of Use, Privacy Statement and Consent. SGX-pro may refuse to open an account for you at its sole discretion. You agree to provide complete and accurate information when opening an account and agree to promptly update any information you provide to SGX-pro to maintain the integrity and accuracy of the information. Each registration is for one user only, and each user (including any user belonging to a business or legal entity) may only open one active City of Dreams account.
b. User Identity Verification
By registering for an account on SGX-pro, you agree to provide the personal information requested for identity verification. This information is used exclusively to uncover clues to money laundering, terrorist financing, fraud and other financial crimes conducted on the SGX-pro platform. We will collect, use and share this information in accordance with our published Privacy Statement. In addition to providing this information, in order to comply with global industry standards for data retention, you agree to allow us to retain records of this information during the life of your account and for 5 years after the account is closed. You also authorize us to conduct investigations directly or through third parties necessary to verify your identity or protect you and/or us from financial crimes (such as fraud). The identity verification information we request may include, but is not limited to, your: name, email address, contact information, phone number, username, government-issued identification document, date of birth, and other information collected during account registration. When providing this requested information, you confirm that the information is true and accurate. After registration, you must ensure that your information is true and complete, and update it promptly if there are any changes. If there is any reason to suspect that any information you provide is wrong, untrue, outdated or incomplete, SGX-pro has the right to send you a notice, request correction, directly delete the relevant information, and (as the case may be) terminate all or part of the services provided to you. If you cannot be contacted through the contact information provided, you shall bear full responsibility for any losses or expenses incurred during the use of this service. You hereby acknowledge and agree that you are obliged to update all information at any time if there are any changes. By registering an account, you hereby authorize City of Dreams to conduct investigations that SGX-pro deems necessary, directly or through third parties, to verify your identity or protect you and/or SGX-pro from fraud or other financial crimes, and to take actions that SGX-pro deems necessary based on the results of the investigation. You also acknowledge and agree that your personal information may be disclosed to credit reporting agencies and fraud prevention or financial crime prevention departments, which may respond to our investigations in full. c. Account usage requirements An account can only be used by the person who registered the account. SGX-pro reserves the right to suspend, freeze or cancel the use of an account by anyone other than the account registrant. If you suspect or discover any unauthorized use of your username and password, you should notify SGX-pro immediately. SGX-pro is not responsible for any loss or damage caused by the use of your account by you or any third party (whether authorized by you or not). d. Account Security SGX-pro has always been committed to maintaining the security of user entrusted funds and has implemented industry standard protection for services. However, the behavior of individual users will create risks. You agree to treat your access credentials (such as username and password) as confidential information and not disclose such information to any third party. You also agree to be solely responsible for taking necessary security measures to protect the security of your own account and personal information. You are solely responsible for keeping your SGX-pro account and password, and are responsible for all transactions under the account. SGX-pro shall not be liable for any loss or consequences caused by the authorized or unauthorized use of your account credentials, including but not limited to information disclosure, information release, clicking on the website to agree to or submit various rules and agreements, online renewal agreements, etc. By creating an account, you hereby agree that:
(1) You will immediately notify SGX-pro if you become aware of any unauthorized use of your SGX-pro account and password or any other breach of security rules
(2) You will strictly abide by the security, authentication, transaction, charging, exit mechanisms or procedures of the website/service;
(3) You will take appropriate steps to log out from the website at the end of each visit
6. Service Usage Guide
a. License
Subject to your continued compliance with the terms and conditions expressly set forth in these Terms of Use, SGX-pro grants you a revocable, limited, royalty-free, non-exclusive, non-transferable and non-sublicensable license to access and use the Service through your computer or Internet-compatible device for your own personal internal purposes. You may not use the Service for resale or commercial purposes, including transactions on behalf of another person or entity. All of the above uses are expressly prohibited and constitute a material breach of these Terms of Use. The content arrangement, format, functionality and access rights of the Service shall be determined by SGX-pro in its sole discretion. SGX-pro hereby reserves all rights not expressly granted in these Terms of Use. Therefore, you are hereby prohibited from using the Service in any manner not expressly authorized in these Terms of Use. These Terms of Use only grant a limited license to access and use the Service. Therefore, you hereby agree that SGX-pro does not transfer any ownership or intellectual property rights in the Service or any intellectual property of SGX-pro to you or anyone else when you use the Service. All text, graphics, user interfaces, visual interfaces, photographs, sounds, artwork, computer code (including html code), programs, software, products, information and documentation, as well as the design, structure, selection, coordination, expression, "look and feel" and arrangement of any content contained in or made available through the Service, are exclusively owned, controlled and/or licensed by SGX-pro or its members, parents, licensors or affiliates. SGX-pro will own any feedback, suggestions, ideas or other information or materials you provide via email, the Service or otherwise regarding SGX-pro or the Service ("Feedback"). You hereby assign to SGX-pro all rights, title and interest in the Feedback and all related intellectual property rights. You will not be entitled to, and hereby waive, any claim for acknowledgment or compensation based on any Feedback or any modifications made based on any Feedback.
b. Restrictions
When you use the Service, you agree and commit to comply with the following provisions:
i. During the use of the Service, all activities you carry out will comply with the requirements of applicable laws, regulations, and various guidelines of SGX-pro;
ii. Your use of the Service will not violate the public interest, public morals, or the legitimate interests of others, including taking any action that will interfere with, disrupt, negatively affect, or prohibit other users from using the Service;
iii. You agree not to use these services for market manipulation (such as price manipulation, wash sales, self-trading, front-running, order stuffing, spoofing, or layered orders, whether or not prohibited by law);
iv. Unless SGX-pro's written consent is obtained, the following commercial practices using SGX-pro data are prohibited:
(1). Trading services using SGX-pro quotes or market bulletin board information.
(2) Data feeds or data streaming services that utilize any market data from SGX-pro.
(3) Any other website/application/service that charges for market data obtained from SGX-pro or otherwise makes commercial profits (including through advertising or referral fees).
(4) You may not modify, reproduce, duplicate, copy, download, store, further transmit, disseminate, transfer, disassemble, broadcast, publish, remove or alter any copyright notice or label, license, sublicense, sell, mirror, frame, rent, lease, private label, grant a security interest in, create derivative works from, or otherwise exploit any portion of the Property or any part of the Property without SGX-pro’s prior written consent.
(5). You may not use any "deep link," "page scrape," "robot," "spider" or other automatic device, program, script, algorithm or methodology, or any similar or equivalent manual process to access, acquire, copy or monitor any part of the Properties, or in any way reproduce or circumvent the navigational structure or presentation of the Service to obtain or attempt to obtain any materials, documents or information through any means not intentionally made available through the Service;
(6) Attempt to gain unauthorized access to any part or feature of the Properties, or any other systems or networks connected to the Service or any SGX-pro server or any service offered through the Service, by hacking, password "mining" or any other unlawful or prohibited means;
(7) Probe, scan or test any part of the Service or any part of the Properties connected to the Service; Network vulnerabilities, and may not violate the security or authentication measures of the Service or any network connected to the Service;
(8). Reverse lookup, tracking or seeking to track any information of any other user or visitor of the Service;
(9). Take any action that imposes an unreasonable or disproportionately large load on the infrastructure of the Service or SGX-pro's systems or networks or any systems or networks connected to the Service;
(10). Use any device, software or routine to interfere with the normal operation of the Service or any transaction conducted on the Service, or any other person's use of the Service;
(11). Forge headers, impersonate others or otherwise manipulate identifiers to conceal your identity or the source of any message or transmission you send to the Service,
or use the Service in an illegal manner. By accessing the Service, you agree that SGX-pro has the right to investigate any violation.
Violation of these Terms of Use, unilaterally determine whether you have violated these Terms of Use, and take action to apply relevant regulations without your consent or prior notice. Examples of such actions include, but are not limited to:
Blocking and closing orders Requesting account freezing
Reporting incidents to authorities
Publicizing alleged violations and actions taken
Removing any information about violations posted by you
7. Orders and Service Fees
a. Orders
Upon issuing an instruction to trade using the Service (an "Order"), your account will be immediately updated to reflect the outstanding order and your order will be listed on SGX-pro's market bulletin board to match other users' orders. If your order is matched in whole or in part with another user's order, the Service will execute the exchange (a "Trade"). After the Trade is executed, your account will be updated to reflect that the Order has been closed because it has been fully executed, or updated to reflect that the Order has been partially fulfilled. The Order will remain incomplete until fully executed or cancelled in accordance with Section (b) below. In order to enter into a Trade, you authorize SGX-pro to temporarily control the digital currency you dispose of in the Trade.
b. Cancellation
You may cancel an order initiated through the Service only before your order is matched with another user's order. Once your order is matched with another user's order, you may not change, revoke or cancel SGX-pro's authorization to complete the order. If any order has been partially matched, you may cancel the unmatched portion of the order, but not if the unmatched portion has been matched. SGX-pro reserves the right to deny any cancellation request related to an order after you have submitted it. If you do not have a sufficient amount of digital currency in your account to fulfill the order, SGX-pro may cancel the entire order or fulfill the portion of the order that can be covered by the digital currency in your account (in each case, after deducting any fees payable to SGX-pro in connection with the transaction, as described in Section (c) below).
c. Fees
You agree to pay SGX-pro the fees set forth, which SGX-pro may update at any time in its sole discretion. Any updated fees will apply to any purchases, sales or other transactions occurring after the effective date of the updated fees. You authorize SGX-pro to debit your account for any applicable fees owed by you under these Terms of Use.
8. LIABILITY
a. WARRANTY DISCLAIMER
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE SERVICES, SGX-PRO MATERIALS AND ANY PRODUCTS, SERVICES OR OTHER ITEMS PROVIDED BY OR ON BEHALF OF SGX-PRO ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, AND SGX-PRO EXPRESSLY DISCLAIMS, AND YOU WAIVE, ALL OTHER WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON-INFRINGEMENT OR ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE. WITHOUT LIMITING THE FOREGOING, SGX-PRO MAKES NO REPRESENTATIONS OR WARRANTIES THAT THE SITE, SERVICES OR SGX-PRO MATERIALS ARE ACCURATE, COMPLETENESS, RELIABILITY, VALIDITY, ERROR-FREE OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. SGX-PRO DOES NOT WARRANT THAT ANY ORDER WILL BE EXECUTED, ACCEPT, RECORDED OR OTHERWISE OPEN. EXCEPT AS EXPRESSLY PROVIDED IN THIS AGREEMENT, YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED ON ANY OTHER WRITTEN OR ORAL REPRESENTATION OR AGREEMENT IN CONNECTION WITH YOUR USE AND ACCESS OF THE SERVICES. Without limiting the foregoing, you hereby understand and agree that SGX-pro shall not be liable for any loss or damage arising out of or related to:
(A) inaccuracies, defects or omissions in digital currency price data;
(B) any errors or delays in the transmission of such data;
(C) interruptions in such data, and any damages caused by the actions, omissions or breaches of this Agreement by other users. The disclaimer of implied warranties contained in this Agreement may not apply if prohibited by applicable law in the jurisdiction where you reside.
b. Disclaimer of Damages and Limitation of Liability
To the maximum extent permitted by applicable law, SGX-pro, its affiliates, and their respective shareholders, members, directors, officers, employees, attorneys, agents, representatives, suppliers or contractors shall in no event be liable for any incidental, indirect, special, punitive, consequential or similar damages or liabilities (including, without limitation, loss of data, information, revenue, profits or other business or financial benefit) arising out of the Service, any performance or non-performance of the Service, or other products, services or other items provided by or on behalf of SGX-pro and its affiliates, whether under contract, statute, strict liability or other theory, even if SGX-pro has been advised of the possibility of damages, unless a final judicial determination is made that such damages were caused by SGX-pro's gross negligence, fraud, willful misconduct or willful violation of law. Some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages, so the above limitation may not apply to you. Notwithstanding the foregoing, in no event shall the liability of SGX-pro, its affiliates, and their respective shareholders, members, directors, officers, employees, attorneys, agents, representatives, suppliers or contractors arising out of or in connection with the services provided by or on behalf of SGX-pro or its affiliates, any performance or non-performance of the services, or any other products, services or other items, whether under contract, statute, strict liability or other theory, exceed the amount of fees paid by you to SGX-pro under this Agreement in the twelve months prior to the event giving rise to the claim for liability.
c. Indemnification
You agree to indemnify and hold harmless SGX-pro, its affiliates, contractors, licensors, and their respective directors, officers, employees, and agents from and against any claims, actions, proceedings, investigations, demands, suits, costs, expenses, and damages (including attorneys’ fees, fines, or penalties imposed by any regulatory authority) arising out of or relating to:
(i) your use of or conduct related to the Service;
(ii) your violation of these Terms of Service or our enforcement of these Terms of Service;
(iii) your violation of any applicable law, regulation, or the rights of any third party during your use of the Service. If, under these Terms of Service,
you are obligated to indemnify SGX-pro, its affiliates, contractors, licensors, and their respective directors, officers, employees, or agents,
SGX-pro will have the right, in its sole discretion, to control any action or proceeding and to determine whether SGX-pro wishes to settle, and if so, on what terms.
9. Announcements
Please note that all official announcements, news, promotions, competitions and airdrops will be posted on , and we hope that all users
will check these materials regularly. SGX-pro will not be liable for any compensation if users suffer personal losses due to ignorance or negligence of announcements.
10. Termination of Agreement
You agree that SGX-pro has the right to immediately suspend your account (and any accounts beneficially owned by affiliated entities or affiliates),
freeze or lock the funds in all such accounts, and suspend your access to SGX-pro for any reason, including suspicion that any such account has violated these
Terms of Use, our Privacy Statement or any applicable laws and regulations. You agree that SGX-pro is not responsible for any permanent or temporary modification of your account
or suspension or termination of access to all or part of the Services. SGX-pro has the right to save and use data related to transactions in your account
or other information. The above account controls may also apply to the following situations:
The account is subject to government proceedings, criminal investigations or other pending litigation;
We find unusual activity in the account;
We detect illegal access to the account;
We are required to do so in accordance with a court order or an order from a regulatory/governmental authority. If any of the following events occur, SGX-pro has the right to terminate this Agreement directly by canceling your account, and has the right to permanently freeze (cancel) the authorization you granted to SGX-pro for the account, and revoke the corresponding SGX-pro account;
After SGX-pro terminates the provision of services to you;
You are identified as registering as an SGX-pro user again directly or indirectly in the name of any other person;
The information you provide is untrue, inaccurate, outdated or incomplete;
When modifying these Terms of Service, you clearly declare and notify SGX-pro that you are unwilling to accept the modified terms;
You request to terminate the service;
Any other situation where SGX-pro believes that the service should be terminated. If your account is terminated, account and transaction information that meets the data retention standards will be securely stored for 5 years. In addition, if there are any transactions that have not been completed during the account termination process, SGX-pro has the right to inform your trading counterparty of the situation at that time. You agree that user-initiated account withdrawal (right to erasure under GDPR or other equivalent regulations) will also be subject to the above termination agreement. If SGX-pro is notified that any funds in your account have been stolen or are not legally owned by you, SGX-pro may but is not obliged to exercise administrative control over the affected funds and your account. If administrative control of some or all funds or accounts is indeed necessary, SGX-pro may continue to hold until the dispute is resolved and evidence of the resolution acceptable to SGX-pro has been provided to SGX-pro in a form acceptable to SGX-pro. SGX-pro will not participate in the resolution of any such disputes or disputes. You agree that SGX-pro is not responsible for any such control, or your inability to withdraw funds or execute transactions during any control period. a. Remaining funds after account termination Except as provided in clause (b) below, once an account is closed/revoked, all balances on the account (including fees and debts owed to SGX-pro) will be paid to SGX-pro immediately. Upon payment of all outstanding fees (if any) to SGX-pro, the user will have 5 business days to withdraw all funds from the account.
b. Remaining Funds after Account Termination Due to Fraud, Illegal Act or Violation of these Terms of Use
SGX-pro retains full custody of funds and user data/information and may be turned over to government authorities in the event of suspension/closure of an account due to fraud investigation, illegal investigation or violation of these Terms of Use.
11. Non-Financial Advice
SGX-pro is not your broker, intermediary, agent or advisor and has no fiduciary relationship or fiduciary obligations with you in any transaction or other decision or activity you make using the Service. Any communications or information provided to you by SGX-pro is not intended to be or should not be considered or construed as investment advice, financial advice, trading advice or any other type of advice. All transactions are automatically executed based on the parameters of your order instructions and the published transaction execution procedures. You shall be solely responsible for determining whether any investment, investment strategy or related transaction is suitable for you based on your personal investment objectives, financial situation and risk tolerance. You should consult a legal or tax professional for advice regarding your specific situation. SGX-pro does not recommend that you buy, acquire, sell or hold any digital currency. You should conduct due diligence before making a decision to buy, sell or hold any digital currency and consult your financial advisor before making any investment decision. SGX-pro is not responsible for your decision to buy, sell or hold digital currency based on the information provided by SGX-pro.
12. Compliance with local laws
Users are responsible for complying with local laws related to their use of SGX-pro services in their local area. Users must also consider all aspects of taxation in accordance with local laws, including withholding, collection, reporting and remittance to their respective tax authorities. All users of SGX-pro and any of its services
confirm and declare that their funds are from legal sources and are not generated from illegal activities. SGX-pro adheres to the attitude of cooperating with law enforcement agencies around the world and will
not hesitate to seize, freeze, terminate user accounts and funds that are authorized by law to be cancelled or investigated.
13. Privacy Statement
Access to this service requires submission of certain personally identifiable information. Please read the SGX-pro Privacy Statement posted at
for a summary of SGX-pro’s practices regarding the collection and use of personally identifiable information.
14. Dispute Resolution: Venue, Arbitration, Class Action Waiver, Governing Law
Please read this provision carefully because it involves a waiver of certain rights to bring a legal action.
a. Notice of Dispute
Contact SGX-pro First! SGX-pro wants to resolve your concerns without resorting to formal legal proceedings. Before filing a claim, you agree to first attempt to resolve the dispute informally by contacting SGX-pro at
.
b. Arbitration Agreement
You and SGX-pro agree to resolve any claim arising out of or relating to this Agreement (including any question regarding the existence, validity, termination of this Agreement, or any services or products we provide or any statements we make) through final and binding arbitration, except as provided in the Arbitration Agreement Exceptions section below. You agree to first contact SGX-pro as set forth in Section (a) above to give us an opportunity to resolve any claim. If we are unable to resolve your claim within 60 days of receiving the notice, you may seek relief through arbitration or in the Singapore Small Claims Court as provided below.
c. Arbitration Procedure
You or SGX-pro may submit a Dispute (after a Dispute has been resolved through friendly negotiations in accordance with clauses (a) and (b) above) for final settlement by binding arbitration in accordance with the Arbitration Rules of the Singapore Court of International Arbitration (incorporated into this Agreement by reference). The arbitral tribunal shall consist of a sole arbitrator appointed by the President of the LCIA. The language of the arbitration hearing shall be English and the seat or legal place of arbitration shall be Singapore. Judgment on any arbitration award may be entered in any court having jurisdiction over the party against whom the award was asserted (or over that party's assets).
d. Exceptions
In contrast, if the claim falls within the jurisdiction of the Singapore Small Claims Court, either party may elect to assert the claim in the Singapore Small Claims Court and either party may seek injunctive or other urgent equitable relief from a court of competent jurisdiction. However, for the avoidance of doubt, if a claim is not within the jurisdiction of the Singapore Small Claims Court, the claim will be referred to the Singapore International Arbitration Court for final resolution.
e. Notice
To commence arbitration proceedings, you must send a letter requesting arbitration and describing the claim to Prospect way royal oak industrial estate ,Daventry
,Northamptonshire , NN118PL. If we initiate arbitration against you, we will send a notice to the email address or street address you provide. For the rules and filing instructions, see
.
f. Governing Law
This Agreement shall be governed by the laws of Singapore, excluding the principles of conflict of laws, unless otherwise required by the mandatory laws of any other jurisdiction.
15. Tips
If your trading behavior results in the freezing of funds of OTC merchants or other users (transaction methods include but are not limited to transactions conducted by bank cards, Alipay, WeChat, etc.), then:
(1) If the merchant's funds are frozen for less than six months, SGX-pro has the right to freeze your trading account without any prior notice and require you to provide all necessary transaction information, including but not limited to KYC information in the form of video (for details of KYC information, please refer to the "SGX-pro KYC and Anti-Money Laundering Agreement"), fund flow, etc. If the merchant's funds are successfully unfrozen, you can apply to SGX-pro for the unfreezing of the trading account.
(2) If the merchant's funds are frozen for more than six months, in addition to the rights stipulated in paragraph 1 of this article, SGX-pro has the right to additionally require you to provide assets as trading margin.
16. Miscellaneous
a. Independent Parties
SGX-pro is an independent contractor and not your agent in the performance of these Terms of Use. These Terms of Use shall not be construed as evidence of a joint venture, joint venture, partnership or franchise between the parties.
b. Entire Agreement
These Terms of Use constitute the entire agreement between the parties regarding the use of the Service and supersede all prior written or oral agreements between the parties. The terms of these Terms of Use shall not be modified, interpreted, supplemented or altered by the use of trade or other customary course or methods of dealing between the parties.
c. Force Majeure
SGX-pro shall not be liable for any delay or failure to perform as required by these Terms of Use due to any cause or condition beyond the reasonable control of SGX-pro.
d. Severability
If any part of these Terms of Use is held invalid or unenforceable, such invalidity or unenforceability shall not affect the other provisions of these Terms of Use, which shall remain in full force and effect, and the invalid or unenforceable portion shall be effective to the maximum extent possible.
e. Transfer
You may not transfer or assign any right to use the Service or any of your rights or obligations under these Terms of Use without our prior written consent, including by operation of law or in connection with a change of control. SGX-pro may transfer or assign any or all of its rights or obligations under these Terms of Use, in whole or in part, without notice or your consent or approval.
f. Waiver
A party's failure to require performance of any provision does not affect that party's right to require performance at any time thereafter, and a waiver of a breach of any provision of these Terms of Use or these Terms of Use does not constitute a waiver of any subsequent breach or breach or a waiver of the provision itself.
g. Third-Party Website Disclaimer
Any link to a third-party website in the Service does not imply that SGX-pro endorses any product, service or information provided therein, nor does SGX-pro guarantee the accuracy of the information contained therein. In addition, because SGX-pro has no control over the terms of use or privacy practices of third-party websites, you should read and understand those policies carefully.