Version 1.00, May 28, 2018
Tokentrade (“the Platform”) is a software for digital asset trading and service for providing online features that enables various cryptocurrencies as payment for cryptocurrency tokens, token sale distribution and process cryptocurrencies and purchased tokens to users and merchants.
Tokentrade is owned and operated by SEA CORP, S.R.L, a corporation organized in accordance with the laws of the Dominican Republic.
This document acts as an agreement regarding Terms of Service (“Terms“, “Terms of Service“) between You (the “User“ or “You“) and SEA CORP, S.R.L, (“Tokentrade”) and all other agreements between Tokentrade and its users also governs your use of any website that links to these terms, and uses the following definitions:
By accessing website or our services You will be deemed to have irrevocably agreed to these terms and conditions. Please note that these Terms of Service may be revised and reissued without notice at any time but We will strive to notify You of any changes to these Terms of Service which significantly affect your rights and obligations. Such notices will be sent to the email address You have provided us through your account settings, and it is your responsibility to keep your contact information up to date.
Services provided by Tokentrade might not be legally allowed in certain jurisdictions. By accepting these terms and conditions You confirm that You are not a resident or use services from a such jurisdiction.
You represents and warrants that will not use the Site or Platform for any criminal, illegal, or otherwise prohibited use, including (but not limited to) activities related to money-laundering, drug trafficking, human trafficking, weapon trafficking, terrorism, securities fraud, or tax evasion. You represent and warrant that You will not use our Platform to assist any other party in such illegal activity.
You also agree not to transfer your Account or share access to your Account or to any other rights granted to You by these Terms.
Tokentrade is not responsible for any losses, directly or indirectly, from enforcement of our obligations under applicable laws, rules, regulations or lawful government order.
To identify You as You log into to the your Tokentrade account and use Services, your email address and a login password shall be used as well as two factor authentication in certain/required actions.
The e-mail address specified by You and intended for your identification shall be valid throughout the entire period of validity of your Account and cannot be changed. You shall be entitled to change the login password intended for your identification at any time by taking appropriate actions specified at the Website.
The User is responsible for maintaining the confidentiality of information associated with Account, including, but not limited to the password and email. If access to your account is lost, and it cannot be restored by the use of the mobile phone number, email address or other information associated with your personal account, your account cannot be subject to restoring.
You must ensure the secrecy of your Account and your login information used to enter into the Tokentrade System. We shall assume no responsibility for any actions at the Tokentrade that are not initiated by You and any consequences thereof, if such actions have been taken and confirmed after logging into the Tokentrade with your e-mail address and your password. All the risk regarding the actions indicated in this clause shall fall exclusively on You.
If the User has any security concerns about the Account, login details, passwords or other security features being lost, stolen, misappropriated, used without authorization or otherwise compromised, the User is advised to change the password. The User must contact Tokentrade by email at firstname.lastname@example.org without undue delay on becoming aware of any loss, theft, misappropriation or unauthorized use of the Account, login details, password or other security features. Any undue delay in notifying Tokentrade may not only affect the security of the Account, but may result in the User being liable for any losses as a result.
Tokentrade may suspend, restrict, or terminate your access to any or all of the Services, and/or deactivate or cancel your Account if: (a) Tokentrade is required by a facially valid subpoena, court order, or binding order of a government authority; (b) Tokentrade reasonably suspects You of using your Account in connection with a Prohibited Use; (c) use of your Account is subject to any pending litigation, investigation, or governmental proceeding and/or We perceive a heightened risk or regulatory noncompliance associated with your Account activity; (d) our service partners are unable to support your use; (e) breach these Terms.
Tokentrade provide services for acceptance and processing cryptocurrency payments by users to token sellers and for transferring purchased tokens to user accounts, through relevant user interfaces available on Tokentrade, the token seller’s websites and/or otherwise accessible, owned, administered, supported and developed by us intended for token sellers (Merchants) to accept bitcoin and other digital currencies as payments.
Payments by users are considered the same as payment made directly to Token sellers. In relation to payments and / or donations in virtual currencies, any legal relations are between You / entity You represent as user and Token sellers. We are not a party to relations between You as a purchaser and token seller when You realise payments in virtual currencies. We do not accept any queries, letters, requests and (or) complaints regarding Token seller services, products, activities, and (or) a payment and (or) a donation, or a purchase related to relation between You as users and your Token sellers after the purchase is completed.
Tokentrade is not engage into any other activities on behalf of Token seller, is not it’s representative, agent or employee. Tokentrade does not control, monitor, assess, authorize or supervise Token seller activities.
Tokentrade process tokens, purchased by users, from Tokens seller account wallet to user account wallet in the manner defined in the terms of sale, posted by Token sellers at Tokentrade platform. At any time You will be informed how token seller set his token sale campaign in platform.
It is the seller's obligation related with honest and transparent advertising that the information he presents on his site/s and/or where ever corresponds to the Tokentrade plug-in configuration and setting made by Token sellers. (how he set token sale campaign at Tokentrade).
The use of our Services requires You to create an account with Tokentrade (“Account”). The Account is designed for purchasing tokens. It cannot be considered as an investment.
Tokentrade Does Not Provide Legal, Financial or Investing Advice. Tokentrade Does Not conduct token sales itself but provides the Platform for launching token sales by other persons and legal entities (“Token sale initiators”), and the execution of token sales to its users. Tokentrade also provides the Services to Token sale initiators and to its Users only within their scope. Tokentrade does not take responsibility for fulfillment obligations by Token sale initiators to purchasers and cannot be held liable for any acts or omissions of Token sale initiators.
Before making a purchase the User must read and understand terms of sale provided by an Token sale initiator. Tokentreda does not provide information on Token sale initiators’ business. Token sale initiators are responsible for full disclosure and truthfulness of the information on Token sale provided on the Platform. The User agrees to address any questions about an Token sale directly to Token sale initiators. All changes in the Terms of sale must be monitored by the Users. Any disagreement with the changes must be discussed with the relevant Token sale initiator. Tokentrade cannot be brought as a co-party to any dispute concerning the changes in the relevant Terms of sale. The User bears all the risks of unfavorable consequences of disregarding the rules of purchase established by Token sale initiator.
Tokentrade is not responsible for arrangements made between the User and any Token sale initiator in the course of a private sale or otherwise outside the Platform. Responsibility for fulfilment of such arrangements as well as liability for non-fulfillment of such arrangements are borne by the parties to such arrangements – Token sale initiator and the purchaser of tokens.
Tokentrade services may link You to other sites on the Internet.
Tokentrade.co cannot ensure that You will be satisfied with any products or services that You purchase from any third-party site that links to or from Tokentrade.co since other sites/stores are owned and operated by independent web masters/retailers.
Before transferring funds to the Token seller Account the User must correctly enter the payment information provided by Tokentrade. The User must ensure that the address entered and the address provided match.
Your funds can be held in escrow at Tokentrade platform, until the purchasing process is completed, according to the Terms of token Sale setted by the seller of the tokens at Tokentrade.
When Token sale conditions are met and purchasing is completed, Tokens purchased by the User will be distributed to user account wallet and You can transfer (withdraw) them outside of the Platform after the sale is over and in accordance to the rules set by the Token Saller. Before sending purchased tokens outside your account You must ensure that the receiving platform will be able to recognize tokens, support the format of tokens and accept them.
In a case that Token sale is canceled during the Token sale process when Token sale conditions are not met, or for any other reason, your funds will be released from escrow and available for withdrawal. If you have bought the tokens via Shapeshift you will be refunded in the converted currency (usually BTC or ETH).
Every cryptocurrency transaction requires withdrawal fee per each withdrawal which covers blockchain transaction fee.
If token sale is canceled at any point, and Tokentrade refunds its users, Tokentrade reserves the right to keep its platform service previously collected fee of your deposited funds. Fee for each token sale is visible under Soft Cap details.
Tokentrade is not responsible for any crypto/token loss caused by transactions sent to wrong crypto/token addresses or non-supporting platform, and will not be able to refund them.
If a dispute, disagreement, or claim arises out of the Terms or is related to its execution, interpretation, termination, nullity or rescission, both parties agree to try in good faith to settle any dispute, disagreement, or claim through negotiation. To expedite resolution and control the cost of any dispute, You and Tokentrade agree to notify each other in writing of any disputes within thirty (30) days of when it arises. Notice to Tokentrade shall be sent to email@example.com
If the dispute, disagreement, or claim cannot be resolved through negotiations, then You and Tokentrade agree to arbitrate any dispute arising from these Terms or your use of the Services. The arbitration will be in accordance with the provisions established in the Arbitration Regulations of the Alternative Dispute Resolution Center of the Chamber of Commerce and Production of Santo Domingo, Dominican Republic.
Tokentrade performance under these Terms shall be excused if the failure of such performance is caused by forces beyond its reasonable control. This includes (but is not limited to) acts of God, acts of any government, war or civil unrest, severe weather, fire, natural disasters, political or economic embargoes and sanctions, terrorism, power or equipment failure, industrial or labor disputes or controversies, acts of any third party, blocking of Blockchain related websites by domestic governments, hackers’ attacks, Internet or blockchain failures.
If You have any questions about these Terms, please contact us at firstname.lastname@example.org