Terms and Conditions of Jaypto Exchange

3.Account Registration and Verification

To access Jaypto Exchange services, you are required to:

• Registration Process:
• Create an account by providing accurate and up-to-date information, including your name, email address, and contact details.
• You are responsible for ensuring the security of your login credentials (username and password). You agree to notify Jaypto Exchange immediately of any unauthorized access to your account.
• KYC Process:
• Jaypto Exchange requires that all Users complete the KYC verification process, which involves providing proof of identity and, in some cases, proof of residency.
• You agree to provide valid documents for identity verification, including but not limited to passports, national ID cards, and utility bills.
• Failure to complete the KYC process may result in restrictions on your account, including limits on deposits, withdrawals, and trading.
• Account Security:
• You are responsible for safeguarding your account information. Any loss or damage resulting from unauthorized access to your account will be your responsibility.

4.Prohibited Activities

The following activities are strictly prohibited on Jaypto Exchange:

• Illegal Activities:
• You agree not to use Jaypto Exchange for any unlawful purposes, including money laundering, terrorism financing, or fraud.
• You may not use the Platform to engage in illegal trading, including the trading of stolen or fraudulent assets.
• Market Manipulation:
• You must not engage in price manipulation, wash trading, front-running, or other forms of market manipulation that undermine the fairness and integrity of the cryptocurrency market.
• Unauthorized Access:
• Attempting to gain unauthorized access to other Users' accounts, systems, or the Platform’s infrastructure is strictly prohibited.
• Violation of Local Laws:
• You are responsible for complying with all applicable laws and regulations in your jurisdiction. Using Jaypto Exchange from a country where cryptocurrency trading is prohibited is a violation of these Terms, and Jaypto Exchange will not be liable for any legal actions taken against you.

5.Trading on Jaypto Exchange

Users can trade various Digital Assets on the Platform subject to the following terms:

• Types of Orders:
• Market Orders: Buy or sell orders executed at the current market price.
• Limit Orders: Orders to buy or sell assets at a specific price.
• Stop-Loss Orders: Orders that execute when a specified price is reached, designed to minimize losses.
• Trading Fees:
• Fees will apply to all trades, including deposit and withdrawal transactions. These fees will be clearly displayed before you complete any transaction.
• Jaypto Exchange reserves the right to modify trading fees from time to time, with notice provided to Users.
• Trading Risks:
• You acknowledge that cryptocurrency markets are volatile, and the value of Digital Assets can fluctuate dramatically. By trading on Jaypto Exchange, you accept all risks associated with price volatility and potential financial loss.

6.Deposits and Withdrawals

Users can deposit and withdraw Digital Assets on Jaypto Exchange, subject to the following:

• Deposit Process:
• You can deposit supported Digital Assets to your Jaypto Exchange account by transferring them to the address provided during the deposit process.
• Deposits are subject to confirmation by the blockchain network, and Jaypto Exchange cannot guarantee processing times.
• Withdrawal Process:
• You can withdraw Digital Assets to an external wallet. Withdrawals may require additional verification depending on the amount.
• Jaypto Exchange reserves the right to impose withdrawal limits or fees based on the volume or frequency of your transactions.
• Fees:
• Both deposits and withdrawals may be subject to fees, which will be clearly outlined before completing a transaction.

7.Custodial Wallets

Jaypto Exchange offers custodial wallets for storing your Digital Assets:

• Cold vs. Hot Storage:
• A majority of Digital Assets are stored in cold wallets, which are not connected to the internet for security purposes. A smaller portion of assets is stored in hot wallets for day-to-day transactions.
• Security Risks:
• While Jaypto Exchange implements stringent security measures, you acknowledge that there is an inherent risk of loss, hacking, or theft of Digital Assets. You accept responsibility for these risks.
• No Insurance:
• Digital Assets held on Jaypto Exchange are not covered by any insurance. Jaypto Exchange will not be liable for any loss, damage, or breach beyond its reasonable control.

8.Compliance with AML and CTF Regulations

Jaypto Exchange complies with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. Users are required to:

• Provide Accurate Information:
• You agree to provide accurate and truthful information as part of the KYC process. Any attempt to provide false or misleading information may result in the suspension or termination of your account.
• Monitoring:
• Jaypto Exchange reserves the right to monitor User transactions and accounts for suspicious activity and report such activities to the relevant authorities if required by law.

9.User Responsibilities

As a User of Jaypto Exchange, you are responsible for:

• Legal Compliance:
• Complying with all applicable laws and regulations in your jurisdiction. Jaypto Exchange will not be held responsible for any legal issues you may encounter for using the Platform in a restricted or banned country.
• Risk Acknowledgment:
• Understanding the risks involved in trading Digital Assets, including the risk of loss, theft, or fraud.
• Account Security:
• Protecting your account credentials and taking measures to prevent unauthorized access.

10.Liability

Jaypto Exchange will not be held liable for the following:

• Financial Loss:
• Any losses or damages resulting from market fluctuations, trading activities, or the volatility of Digital Assets.
• Unauthorized Access:
• Any damages resulting from unauthorized access to your account, unless caused directly by a security breach of Jaypto Exchange systems.
• Legal Consequences:
• Any legal actions taken against you due to your use of Jaypto Exchange from jurisdictions where cryptocurrency trading is prohibited.

11.Termination of Services

Jaypto Exchange reserves the right to terminate or suspend your account in the following circumstances:

• Violation of Terms:
• Any violation of these Terms, including engaging in prohibited activities or providing false information during the registration or KYC process, may result in the suspension or termination of your account.
• Compliance with Law:
• Jaypto Exchange may terminate your account if required to do so by law or regulatory authorities.

12.Intellectual Property

All content, software, designs, and trademarks on Jaypto Exchange are the property of the company or its licensors. You are not permitted to use or reproduce any content without written permission.

13.Privacy Policy

Jaypto Exchange values your privacy and data protection. Please review our [Privacy Policy](link) for more information on how we collect, use, and protect your personal data.

14.Changes to Terms

Jaypto Exchange reserves the right to modify or update these Terms at any time. You will be notified of changes via email or through the Platform. Continued use of the Platform after any changes constitutes your acceptance of the updated Terms.