This agreement is made by and between you and operator of FO and has the legal effect as a legal contract.
The operator of FO means the legal entity that, recognized by law, operates the networking platform. “FO” means the networking platform operated by FO, including but not limited to the FO website, with the domain name of FO.com, https://www.fo.com.
1. Agreement and Execution
The content of this agreement includes main body of this agreement and various rules that have been posted or may be posted from time to time by FO. All of the rules shall be an integral part of this agreement, and shall have the same legal effect as the main body of this agreement. Unless otherwise expressly provided, any service provided by FO and its affiliates (hereinafter referred as “FO Service”) shall be bound by this agreement.
You shall carefully read through this agreement before using any FO Service, and pay close attention to the content written in bold font. You may consult FO if you have any question with regard to this agreement. However, regardless whether you have carefully read through this agreement before using FO Service, you shall be bound by this agreement as long as you use FO Service. You shall not claim to void or rescind this agreement on the ground that you did not read this agreement or you did not receive any respond from FO to your consultation. You hereby promise to accept and observe this agreement. If you do not agree to this agreement, you shall immediately stop registration/activation or stop using FO Service. FO may make or amend this agreement and various rules from time to time as needed, and announce the same on the website, without any individual notice to you. The amended agreement and rules shall come into effect immediately and automatically upon being announced on the website. If you do not agree to the relevant amendment, you shall immediately stop using FO Service. If you continue using FO Service, you shall be deemed as having accepted the amended agreement and rules.
2. Registration and Account
2.1. Eligibility of Registrants
You hereby confirm that you are an individual, legal person or other organization with full capacity for civil rights and civil conducts when you complete the registration or actually use FO Service in any other way allowed by FO. If you do not have the said capacity, you and your guardian shall undertake all the consequences resulted therefrom, and FO shall have the right to cancel or permanently freeze your account, and claims against you and your guardian for compensation.
2.2. Registration and Account
You shall be bound by this agreement once you have filled in information, read and agreed to this agreement and completed the registration process following the instructions on the registration page or you have filled information, read and agreed to this agreement and completed the activation process following the instructions on the activation page, or upon your actual use of FO Service in a way permitted by FO. You may log in FO by your email address or mobile number that you have provided or confirmed or any other means permitted by FO. You must provide your real name, ID type, ID number and other information required by the laws and regulations. If any information you have provided during the registration is inaccurate, FO will not take any responsibility and any loss, direct or indirect, and adverse consequence resulted therefrom will be borne by you.
FO accounts can only be used by the person whose name they are registered under. FO reserves the right to suspend, freeze, or cancel accounts that are used by persons other than the persons whose names the accounts are registered under. FO will also not take legal responsibility for these accounts.
2.3. User’s Information
During the registration or activation, you shall accurately provide and timely update your information by following the instructions on the relevant page according to the laws and regulations in order to make it truthful, timely, complete and accurate. If there is any reasonable doubt that any information provided by you is wrong, untruthful, outdated or incomplete, FO shall have the right to send you a notice to make enquiry and demand corrections, remove relevant information directly and, as the case may be, terminate all or part of FO Service to you. FO will not take any responsibility and any loss, direct or indirect, and adverse consequence resulted therefrom will be borne by you. You shall accurately fill in and timely update your email address, telephone number, contact address, postal code and other contact information so that FO or any other user will be able to effectively contact you. You shall be solely and fully responsible for any loss or extra expenses incurred during the use of FO Service by you if you cannot be contacted through these contact information. You hereby acknowledge and agree that you have the obligation to keep your contact information effective and to take actions as required by FO if there is any change or update.
2.4. Account Security
You shall be solely responsible for the safekeeping of your FO account and password on your own, and you shall be responsible for all activities under your log-in email, FO account and password (including but not limited to information disclosure, information posting, consent to or submission of various rules and agreements by clicking on the website, online renewal of agreement or online purchase of services, etc.). You hereby agree that: a) you will notify FO immediately if you are aware of any unauthorized use of your FO account and password by any person or any other violations to the security rules; b) you will strictly observe the security, authentication, dealing, charging, withdrawal mechanism or procedures of the website/service; and c) you will log out the website by taking proper steps at the end of every visit. FO shall not and will not be responsible for any loss caused by your failure to comply with this provision. You understand that FO needs reasonable time to take actions upon your request, and FO will not undertake any responsibility for the consequences (including but not limited to any of your loss) that have occurred prior to such actions.
3. FO Service
Through FO Service and other services provided by FO and its affiliates, members may post deal information, access to the pricing and dealing information of a deal and carry out the deal, participate in activities organized by FO and enjoy other information services and technical services. If you have any dispute with other members arising from any transaction on FO, once such dispute is submitted by one or both of you and the other member to FO for dispute resolution, FO shall have the right to make decision at its sole discretion. You hereby acknowledge and accept the discretion and decision of FO.
You acknowledge and agree that, FO may, on requests from governmental authorities (including judicial and administrative departments), provide user information provided by you to FO, transaction records and any other necessary information. If you allegedly infringe upon any other’s intellectual rights or other legitimate interests, FO may provide the necessary ID information of you to the interest holder if FO preliminarily decides that the infringement exists. All the applicable taxes and all the expenses in relation to hardware, software, service and etc. arising during your use of the FO Service shall be solely borne by you.
By using this service you accept that all trade executions are final and irreversible. By using this service you accept that FO reserves the right to liquidate any trades at any time regardless of the profit or loss position.
4. User’s Guide of FO Service
You hereby promise to observe the following covenants during your use of FO Service on FO: All the activities that you carry out during the use of FO Service will be in compliance with the requirements of laws, regulations, regulatory documents and various rules of FO, will not be in violation of public interests, public ethnics or other’s legitimate interests, will not constitute evasion of payable taxes or fees and will not violate this agreement or relevant rules. If you violate the foregoing promises and thereby cause any legal consequence, you shall independently undertake all of the legal liabilities in your own name and hold FO harmless from any loss resulted from such violation. During any transaction with other members, you will be in good faith, will not take any acts of unfair competition, will not disturb the normal order of online transactions, and will not engage in any acts unrelated to online transactions. You will not use any data on FO for commercial purposes, including but not limited to using any data displayed on FO through copy, dissemination or any other means without prior written consent of FO. You will not use any device, software or subroutine to intervene or attempt to intervene the normal operation of FO or any ongoing transaction or activities on FO. You will not adopt any action that will induce unreasonable size of data loading on the network equipments of FO.
You acknowledge and agree: FO shall have the right to unilaterally determine whether you have violated any of the covenants above and, according to such unilateral determination, apply relevant rules and take actions thereunder or terminate services to you, without your consent or prior notice to you. As required to maintain the order and security of transactions on FO, FO shall have the right to close relevant orders and take other actions in case of any malicious sale or purchase or any other events disturbing the normal order of transaction of the market. If your violation or infringement has been held by any effective legal documents issued by judicial or administrative authorities, or FO determines at its sole discretion that it is likely that you have violated the terms of this agreement or the rules or the laws and regulations, FO shall have the right to publish on FO such alleged violations and the actions that having been taken against you by FO. As to any information you may have published on FO that allegedly violates or infringes upon the law, other’s legitimate interests or this agreement or the rules, FO shall have the right to delete such information without any notice to you and impose punishments according to the rules. As to any act you may have carried out on FO, including those you have not carried out on FO but have had impacts on FO and its users, FO shall have the right to unilaterally determine its nature and whether it constitutes violation of this agreement or any rules, and impose punishments accordingly. You shall keep all the evidence related to your acts on your own and shall undertake all the adverse consequences resulted from your failure to discharge your burden of proof. If your alleged violation to your promises causes any losses to any third party, you shall solely undertake all the legal liabilities in your own name and hold FO harmless from any loss or extra expenses. If, due to any alleged violation by you to the laws or this agreement, FO incurs any losses, is claimed by any third party for compensation or suffers any punishment imposed by any administrative authorities, you shall indemnify FO against any losses and expense caused thereby, including reasonable attorney’s fee.
5. Scope and Limitation of Liability
FO will provide FO Service at an “as is” and “commercially available” condition. FO disclaims any express or implied warranty with regards to FO Service, however, including but not limited to applicability, free from error or omission, continuity, accuracy, reliability or fitness for a particular purpose. Meanwhile, FO disclaims any promise or warranty with regards to the effectiveness, accuracy, correctness, reliability, quality, stability, completeness and timeliness of the technology and information involved by FO Service.
Unless expressly required by laws and regulations or any of the following circumstances occurs, FO shall not have any duty to conduct preliminary review on information data, transaction activity and any other transaction related issues of all users: FO has reasonable cause to suspect that a particular member and a particular transaction may materially violate the law or agreement. FO has reasonable cause to suspect that the activities conducted on FO by a member may be illegal or improper.
You acknowledge and agree, FO shall not be liable for any of your losses caused by any of the following events, including but not limited to losses of profits, goodwill, usage or data or any other intangible losses (regardless whether FO has been advised of the possibility of such losses): use or failure to use FO Service. unauthorized use of your account or unauthorized alternation of your data by any third parties. expenses and losses incurred from purchase or acquisition of any data or information or engagement in transaction through FO Service, or any alternatives of the same. your misunderstanding on FO Service. any other losses related to FO Service which are not attributable to FO. In no event shall FO be liable for any failure or delay of service resulted from regular equipment maintenance of the information network, connection error of information network, error of computers, communication or other systems, power failure, strike, labor disputes, riots, revolutions, chaos, insufficiency of production or materials, fire, flood, tornado, blast, war, governmental acts or judicial orders.
You agree to indemnify and hold harmless FO, its contractors, and its licensors, and their respective directors, officers, employees and agents from and against any and all claims and expenses, including attorneys’ fees, arising out of your use of the Website, including but not limited to out of your violation this Agreement.
6. Termination of Agreement
You hereby agree that, FO shall have the right to terminate all or part of FO Service to you, temporarily freeze or permanently freeze (cancel) the authorizations of your account on FO at FO’s sole discretion, without any prior notice, for whatsoever reason, and FO shall not be liable to you; however, FO shall have the right to keep and use the transaction data, records and other information that is related to such account. In case of any of the following events, FO shall have the right to directly terminate this agreement by cancelling your account, and shall have the right to permanently freeze (cancel) the authorizations of your account on FO and withdraw the corresponding FO account thereof: after FO terminates services to you, you allegedly register or register in any other person’s name as FO user again, directly or indirectly; the main content of user’s information that you have provided is untruthful, inaccurate, outdated or incomplete; when this agreement (including the rules) is amended, you expressly state and notify FO of your unwillingness to accept the amended service agreement; any other circumstances where FO deems it should terminate the services.
After the account service is terminated or the authorizations of your account on FO is permanently froze (cancelled), FO shall not have any duty to keep or disclose to you any information in your account or forward any information you have not read or sent to you or any third party.
You agree that, after the termination of agreement between you and FO, FO shall still have the rights to: keep your user’s information and all the transaction information during your use of FO Service. Claim against you according to this agreement if you have violated any laws, this agreement or the rules during your use of FO Service. After FO suspends or terminates FO Service to you, your transaction activities prior to such suspension or termination will be dealt with according to the following principles and you shall will take care of on your own efforts and fully undertake any disputes, losses or extra expenses caused thereby and keep FO harmless from any losses or expenses: If you have reached any purchase agreement with any other member prior to the suspension or termination but such agreement has not been actually performed, FO shall have the right to delete information related to such purchase agreement and the coins in question. If you have reached any purchase agreement with any other member prior to the suspension or termination and such agreement has been partially performed, FO may elect not to delete the transaction; provided, however, FO shall have the right to notify your counterparty of the situation at the same time of the suspension or termination.