Legal
By accessing or using KoinFest, you agree to be bound by these terms. Please read them carefully before using our platform or services.
January 1, 2022
Last updated
20+ sections
Full coverage
Binding agreement
Governs all use
This Terms of Service was last updated on January 1, 2022.
Carefully read the rules for using the KoinFest service. By accessing or using the site, you agree to comply with the conditions described in this document. If you do not agree to these terms, do not use this website. These Terms of Use (the "Terms") apply to your access to and use of the KoinFest website (the "Site").
KoinFest reserves the right to change or modify the terms and conditions contained in these Terms or any other policies or guidelines on the Site, at any time and its sole discretion. We will provide notice of these changes by posting the revised Terms on the Site and changing the "Last edited" date at the top of the Terms, or providing other notification methods that KoinFest will determine at its own discretion each time. Using a specific form of notification in some cases does not obligate us to use the same form in other cases. Any changes or modifications will take effect immediately after the changes are posted on the Site and will apply to your subsequent use of the Site. You waive any right you may require to receive special notice of such changes or modifications. Your continued use of this Site will confirm your acceptance of such changes or modifications; therefore, you must review the Terms and the applicable policies whenever you use the Site to understand the terms and conditions applicable to such use. The latest version of the Terms can be viewed by clicking on the "Terms of Use" hypertext link at the bottom of our web pages. If you do not agree to the Terms and Conditions in accessing or using the Site, you must stop using the Site.
KoinFest is an online tool that allows you to store, use, exchange and manage various cryptocurrencies, such as Bitcoin, Litecoin, Dogecoin, Monero, Ethereum and others, using our service wallets. Our Services may develop over time. This means that we may make changes, replace or discontinue (temporarily or permanently) our Services at any time for any reason with or without notice. In this case, you may be denied access or use of our Services. If at our sole discretion, we decide to terminate our Services permanently, we will notify you via our website.
By accessing or using the site, you represent and warrant that you have not previously been suspended or removed from the site. Your age should allow you to provide an official state document identifying your identity. You can use our Services only if you can legally enter into an agreement with these Terms and Conditions in accordance with applicable law. If you use our Services, you agree to do so in accordance with these Terms and applicable laws and regulations. You also represent and warrant that you will not use the Site if the laws of your country prohibit you from doing so in accordance with these Terms.
To access and use certain functions on the Site, you need to create an account in KoinFest ("Account"). You agree to:
We may, without any obligation to you or any third party, deny you permission to open an account, suspend your account, or terminate your account or your use of one or more of the Services. Such actions may be taken as a result of account inactivity; failure to identify yourself if we believe that your account has been hacked so that we can comply with laws or regulations; or as a result of your violation of the terms of this Agreement. If you have cryptocurrency remaining on your account that has been suspended or closed, you can access this cryptocurrency and bring it to the external address of the wallet (unless prohibited by law or court order). You may terminate this Agreement at any time by closing your account and ceasing to use the Services.
An inactive account is defined as a user account with no login or other activity for more than 180 days. KoinFest may, but is not required to, transfer funds from an account to a protected "Cold Storage" account for safekeeping. When a user resumes action in an inactive account, funds can be obtained from "Cold Storage" by contacting customer support to check and restore the account.
KoinFest reserves the right to change the limits on deposits, withdrawals, conversions, storage and speed in your account, as well as the availability of the Services, if we consider it necessary. After a cryptocurrency transaction has been initiated, it cannot be canceled or refunded.
Please refer to our Privacy Policy for information on how we collect, use and share your personal information.
Transmission of data or information (including e-mail) over the Internet or other public networks is not 100% secure and may be lost, intercepted or altered during transport. Accordingly, KoinFest shall not be liable for any damages that you may incur or expenses that you may incur as a result of any transmissions over the Internet or other public networks. Although KoinFest will make commercially reasonable efforts to protect the confidentiality of the information you provide, in no case will the information you provide to KoinFest be considered confidential, create any fiduciary obligations for you by KoinFest, or lead to any liability to you by KoinFest in the event of inadvertent disclosure.
KoinFest cannot and does not guarantee the value of cryptocurrency. You acknowledge and agree that the value of cryptocurrency is very variable and that buying, selling and storing cryptocurrency carries a high risk. The cryptocurrency consensus network is solely responsible for verifying and confirming transactions. KoinFest cannot have any influence on the transactions made on the Blockchain network. As soon as a transaction request is sent to the cryptocurrency network through the Services, the cryptocurrency network will automatically complete or reject the request, and you cannot cancel or otherwise change your transaction request.
If you give explicit permission to a third party to connect to your account either through a third party product or through KoinFest, you acknowledge that granting permission to a third party to perform certain actions on your behalf does not relieve you of any of your obligations under this Agreement. You acknowledge and agree that KoinFest will not be liable for any liability arising from the actions or omissions of this third party in connection with the permissions granted by you.
Any natural or legal person who uses the KoinFest programming interface ("KoinFest API") must comply with the terms of this User Agreement and/or any other terms that KoinFest may set from time to time at its discretion. The KoinFest API is owned by KoinFest and is licensed to users on a non-exclusive, non-sublicensable basis.
You can read the latest version of the Terms of Use on this page at any time. We reserve the right, at our sole discretion, to update, modify or replace any part of these Terms of Use by posting updates and changes on our website. You must periodically check our website for changes. Your continued use or access to our website or Service after the publication of any changes constitutes acceptance of those changes.
We are not responsible for delays, malfunctions or interruptions in service which are directly or indirectly related to any cause or condition beyond our control, including any delays or malfunctions as a result of a natural disaster, civil or military authorities, acts of terrorism, civil unrest, wars, strikes or other labor disputes, fires, interruptions in telecommunications or Internet services, equipment and/or software failure, or other events that occur beyond our reasonable control.
In the event KoinFest is acquired or merged with a third party, we reserve the right under any of these circumstances to transfer or assign the information we received from you as part of such a merger, acquisition, sale or other change of management.
KoinFest services may be subject to export control regulations in accordance with the laws of the country where you are located. By using KoinFest Services, you declare that you are not an individual or legal entity subject to sanctions applied by the US Treasury Department, the US State Department, the UN Security Council, the European Union, or any other government agency with jurisdiction over KoinFest. You also declare that you will not use the KoinFest Services to conduct any transactions with or on behalf of any sanctioned person or organization or otherwise in violation of applicable law.
KoinFest reserves the right to modify or discontinue the Site or any of its functions or parts without prior notice temporarily or permanently. You agree that KoinFest will not be liable for any changes, suspension or termination of the Site or any part thereof.
You agree to protect, indemnify and secure KoinFest, its independent contractors, service providers and consultants, as well as their respective directors, employees and agents from any claims, damages, costs, obligations and expenses arising from or related to:
KoinFest does not provide any guarantees regarding the effectiveness and continuity of the availability of the KoinFest site or materials. Site materials and KoinFest are provided on an "as is", "in stock" basis, without any warranties, obvious or implied, including, without limitation, implied warranties of merchandise, suitability for special purposes, and corrections relating to the site and information. KoinFest does not represent or guarantee that the materials posted on the KoinFest website are accurate, complete, reliable and error-free.
In no event shall KoinFest, its directors, employees or agents be liable for any direct or indirect damages, or any other damages of any kind, including but not limited to losses or damages resulting from an action under the contract or in any other way in connection with the use or inadmissibility of the use of the Site, KoinFest materials or the contents of the site. Some jurisdictions do not allow limitations of liability in contracts with consumers, so some or all of these limitations of liability may not apply to you.
Upon termination of your account or this Agreement for any other reason, all rights and obligations of the parties which by their nature remain valid after such termination shall continue in full force and effect.
Although we intend to provide accurate and timely information on the KoinFest Website, the KoinFest Website may not always be completely accurate, complete or current, and may also contain technical inaccuracies or typographical errors. Information may be modified or updated from time to time without prior notice. Accordingly, you must verify all information before relying on it, and all decisions based on the information contained on the KoinFest Website are your sole responsibility.
We give you a limited, non-exclusive, non-sublicensable and non-transferable license, in accordance with the terms and conditions of this Agreement, for accessing and using the Services solely for approved purposes as determined by KoinFest. Any other use of the Services is strictly prohibited. KoinFest and its licensors reserve all rights to the Services. "KoinFest" and all logos associated with the Services are trademarks or registered trademarks of KoinFest or its licensors. You may not copy, imitate or use them without KoinFest's prior written consent.
The section headings in this Agreement are for convenience only and should not govern the meaning or interpretation of any provision of this Agreement.
You agree that these Terms of Use, KoinFest Privacy Policy and other notices posted through the Services are in English. Although translations into other languages may be available, such translations may be outdated or incomplete. Accordingly, you agree that in the event of any conflict between the English version and any other translations, the English version shall prevail.