Common use of ELECTRONIC TRADING TERMS Clause in Contracts

ELECTRONIC TRADING TERMS. 1. Bitdenex may, in its sole discretion, choose to discontinue support for a currently listed or supported Digital Asset, if applicable Leveraged Token, or Futures Contract at any time, based on a number of factors, including changes in characteristics. 2. A transaction on Bitdenex may fail for several reasons, including without limitation to change in prices, insufficient margin, or unanticipated technical difficulties. Bitdenex makes no representation or warranty that any transaction will be executed properly. We are under no circumstances liable for any loss or injury suffered by a failure of a transaction to complete properly or in a timely manner. Further, we are in no way responsible for notifying you of a transaction failure, although you are able to see any such failures on the website. You have full responsibility to determine and inquire into the failure of any transaction which you initiate. 3. In the event that you receive any data, information, or software through our Services other than that which you are entitled to receive pursuant to these Terms, you will immediately notify us and will not use, in any way whatsoever, such data, information or software. If you request a withdrawal of Digital Assets and we cannot comply with it without closing some part of your open positions, we will not comply with the request until you have closed sufficient positions to allow you to make the withdrawal. 4. We may refuse to execute a trade, or impose trade amount limits or restrictions at any time, in our sole discretion without notice. Specifically, we reserve the right to refuse to process, or the right to cancel or reverse, any transaction, as well as to revoke access to your deposit address on Bitdenex, where we suspect the transaction involves money laundering, terrorist financing, fraud, or any other type of crime or if we suspect the transaction relates to a prohibited use as stated in these Terms. Bitdenex reserves the right to halt deposit activity at our sole discretion. You may not change, withdraw, or cancel its authorization to make a transaction, except with respect to partially filled orders. 5. Bitdenex may correct, reverse, or cancel any trade impacted by an error in processing a your transaction or otherwise. Your remedy in the event of an error will be limited to seeking to cancel an order or obtaining a refund of any amounts charged to you. Bitdenex cannot guarantee such cancellations or refunds will always be possible. 6. Bitdenex provides you with a platform that allows their orders to be matched with the orders of other users. Orders may be partially filled or may be filled by a number of orders, depending on the trading activity at the time an order is placed. Bitdenex’s relationship with you under these Terms is as a trading platform provider only and does not act as principal or counterparty with respect to trades entered into on the platform. Notwithstanding the foregoing, (i) Bitdenex may act as a counterparty for limited trades made for the purpose of liquidating fees collected on your trades, and (ii) affiliates of Bitdenex may execute trades on the platform; provided, however, that such affiliates shall not be afforded any priority in trade execution. 7. The Digital Assets available for purchase through the Services may be subject to high or low transaction volume, liquidity, and volatility at any time for potentially extended periods. You acknowledge that while Bitdenex uses commercially reasonable methods to provide exchange rate information to you through our Services, the exchange rate information we provide may differ from prevailing exchange rates made available by third parties. Similarly, the actual market rate at the time of your trade may be different from the indicated prevailing rate. You agree that you assume all risks and potential losses associated with price fluctuations or differences in actual versus indicated rates.

Appears in 1 contract

Sources: Terms of Service

ELECTRONIC TRADING TERMS. 1. Bitdenex 14.1 FTX Trading may, in its sole discretion, choose to discontinue support for a currently listed or supported Digital Asset, if applicable Leveraged Token, or Futures Contract Asset at any time, based on a number of factors, including without limitation where there are changes in characteristicsthe characteristics of such Digital Asset. 2. 14.2 A transaction on Bitdenex the Platform may fail for several reasonsreasons including, including without limitation to limitation, as a result of a change in prices, insufficient margin, or unanticipated technical difficulties. Bitdenex FTX Trading makes no representation or warranty that any transaction will be executed properly. We are under Under no circumstances are we liable for any loss or injury suffered by a failure of a transaction to complete properly or in a timely manner. Further, we are in no way responsible for notifying you of a transaction failure, although you are able to see any such failures on the websitevia your Account. You have full responsibility to determine for determining and inquire inquiring into the failure of any transaction which you initiate. 3. 14.3 In the event that you receive any data, information, or software through our Services other than that which you are entitled to receive pursuant to these the Terms, you will immediately notify us and will not use, in any way whatsoever, such data, information or software. If you request a withdrawal of Digital Assets and we cannot comply with it without closing some part of your open positions, we will not comply with the request until you have closed sufficient positions to allow you to make the withdrawal. 4. 14.4 We may refuse to execute a trade, trade or impose trade amount limits or restrictions at any time, in our sole discretion without notice. Specifically, we reserve the right to refuse to process, or and the right to cancel or reverse, any transaction, as well as to revoke access to your a User's deposit address on Bitdenexthe Platform, where we suspect the transaction involves money laundering, terrorist financing, fraud, or any other type of crime or if we suspect the transaction relates to a prohibited use as stated in these the Terms. Bitdenex FTX Trading reserves the right to halt deposit activity at our sole discretion. You A User may not change, withdraw, or cancel its authorization authorisation to make a transaction, except with respect to partially filled ordersOrders. 5. Bitdenex 14.5 FTX Trading may correct, reverse, or cancel any trade impacted by an error in processing a your User's transaction or otherwise. Your The User's remedy in the event of an error will be limited to seeking to cancel an order Order or Convert Instruction or obtaining a refund of any amounts charged to youthe User. Bitdenex FTX Trading cannot guarantee such cancellations or refunds will always be possible. 6. Bitdenex provides you with a platform that allows their orders to be matched with 14.6 Orders placed on the orders of other users. Orders Order Book may be partially filled or may be filled by a number of ordersone or more Orders placed on the Order Book by other Users, depending on the trading activity on the Order Book at the time an order Order is placed. Bitdenex’s relationship with you under these Terms is as a trading platform provider only and does not act as principal or counterparty with respect to trades entered into on the platform. Notwithstanding the foregoing, (i) Bitdenex may act as a counterparty for limited trades made for the purpose of liquidating fees collected on your trades, and (ii) affiliates of Bitdenex may execute trades on the platform; provided, however, that such affiliates shall not be afforded any priority in trade execution. 7. 14.7 The Digital Assets available for purchase through the Services Platform may be subject to high or low transaction volume, liquidity, and volatility at any time for potentially extended periods. You acknowledge that while Bitdenex FTX Trading uses commercially reasonable methods to provide exchange rate Exchange Rate information to you through our Servicesthe Platform, the exchange rate Exchange Rate information we provide may differ from prevailing exchange rates made available by third parties. Similarly, the actual market rate at the time of your trade may be different from the indicated prevailing rateExchange Rate. You agree that you assume all risks and potential losses associated with price fluctuations or differences in any actual versus indicated ratesExchange Rates.

Appears in 1 contract

Sources: Terms of Service

ELECTRONIC TRADING TERMS. 1. Bitdenex 10.1 Lightbit may, in its sole discretion, choose to discontinue support for a currently listed or supported Digital Asset, if applicable Leveraged Token, or Futures Contract Asset at any time, based on a number of factors, including without limitation where there are changes in characteristics.the characteristics of such Digital Asset. In the event that Lightbit intends to delist a Digital Asset, Lightbit shall provide reasonable notice to you via email to the email address registered with Lightbit. The notice shall include the date on which the Digital Asset will be delisted, the reason for the delisting, and any other information Lightbit deems necessary to communicate to you. Lightbit shall use its best efforts to provide such notice no less than 30 days prior to the date on which the Digital Asset is to be delisted, unless such notice is not practicable due to unforeseen circumstances beyond the control of Lightbit. Lightbit shall not be liable for any loss or damage suffered by you as a result of the delisting of a Digital Asset 2. 10.2 A transaction on Bitdenex the Platform may fail for several reasonsreasons including, including without limitation to limitation, as a result of a change in prices, insufficient margin, prices or unanticipated technical difficulties. Bitdenex Lightbit makes no representation or warranty that any transaction will be executed properly. We are under Under no circumstances are we liable for any loss or injury suffered by a failure of a transaction to complete properly or in a timely manner. Further, we are in no way responsible for notifying you of a transaction failure, although you are able to see any such failures on the websitevia your Account. You have full responsibility to determine for determining and inquire inquiring into the failure of any transaction which you initiate. 3. 10.3 In the event that you receive any data, information, or software through our Services other than that which you are entitled to receive pursuant to these the Terms, you will immediately notify us and will not use, in any way whatsoever, such data, information or software. If you request a withdrawal of Digital Assets and we cannot comply with it without closing some part of your open positions, we will not comply with the request until you have closed sufficient positions to allow you to make the withdrawal. 4. 10.4 We may refuse to execute a trade, trade or impose trade amount limits or restrictions at any time, in our sole and absolute discretion without notice. Specifically, we reserve the right to refuse to process, or and the right to cancel or reverse, any transaction, as well as to revoke access to your a User's deposit address on Bitdenexthe Platform, where we suspect the transaction involves money laundering, terrorist financing, fraud, or any other type of crime or if we suspect the transaction relates to a prohibited use as stated in these the Terms. Bitdenex . 10.5 Lightbit reserves the right to halt deposit activity at our sole and absolute discretion. You A User may not change, withdraw, or cancel its authorization authorisation to make a transaction, except with respect to partially filled ordersOrders. 5. Bitdenex 10.6 Lightbit may correct, reverse, or cancel any trade impacted by an error in processing a your User's transaction or otherwise. Your The User's remedy in the event of an error will be limited to seeking to cancel an order Order or obtaining a refund of any amounts charged to youthe User. Bitdenex Lightbit cannot guarantee such cancellations or refunds will always be possible. 6. Bitdenex provides you with a platform that allows their orders to be matched with the orders of other users. Orders may be partially filled or may be filled by a number of orders, depending on the trading activity at the time an order is placed. Bitdenex’s relationship with you under these Terms is as a trading platform provider only and does not act as principal or counterparty with respect to trades entered into on the platform. Notwithstanding the foregoing, (i) Bitdenex may act as a counterparty for limited trades made for the purpose of liquidating fees collected on your trades, and (ii) affiliates of Bitdenex may execute trades on the platform; provided, however, that such affiliates shall not be afforded any priority in trade execution. 7. 10.7 The Digital Assets available for purchase through the Services Platform may be subject to high or low transaction volume, liquidity, and volatility at any time for potentially extended periods. You acknowledge that while Bitdenex ▇▇▇▇▇▇▇▇ uses commercially reasonable methods to provide exchange rate information to you through our Servicesthe Platform, the exchange rate information we provide may differ from prevailing exchange rates made available by third parties. Similarly, the actual market rate at the time of your trade may be different up to 1 percent, unless higher possible difference is indicated, from the indicated prevailing exchange rate. You agree that you assume all risks and potential losses associated with price fluctuations or differences in any actual versus indicated exchange rates.

Appears in 1 contract

Sources: General Terms and Conditions