Overview
Before using Afradex (hereon referred to as the 'Platform') you should be aware of the risks associated with holding and exchanging crypto assets, including cryptocurrency and tokens, which can be substantial. You should be prepared to to potentially lose any and all money you invest. Afradex takes no responsibility for any losses incurred either directly or indirectly as a result of using the platform. Afradex does not act as a broker, intermediary, agent or advisor of any kind. All transactions are entirely at the risk of the user.
Eligibility
The Platform, our services and their usage are intended solely for users who are 18 or older and who satisfy the criteria described in these Terms. You represent and warrant that you:
(a) are of legal age to form a binding contract and have not previously been suspended or removed from using the Platform or any our services;
(b) are not identified as an individual who is restricted or barred from conducting banking or financial transactions, in any jurisdiction or under any applicable laws;
(c) are not placed on any list of suspicious persons banned from travelling or conducting business or financial transactions in any jurisdiction;
(d) are not a citizen, a permanent resident or located at any state, country, territory or other jurisdiction that is embargoed by the United Nations.
(e) agree not to use the Platform for conducting any activity which may be unlawful in your jurisdiction.
Platform
In order to use the Platform and its functionality (including interaction with Protocols) you would need to sign in by connecting one of the following decentralized wallets/gateways ('Connected Wallet'):
(a) MetaMask wallet;
(b) WalletConnect-supported wallet;
(c) Authereum wallet;
(d) Torus decentralized gateway.
The Platform does not hold custody of your funds at any time. You retain sole responsibility for maintaining control of your wallet and funds. The Platform takes no responsibility for any loss of funds due to user negligence such as failing to ensure adequate security on any device used, or inadequency of password or other means of access.
You are fully responsible for each and every action or transaction made with or through the Platform under your Connected Wallet, including, but not limited to, interacting with Protocols. You are fully responsible for payment of all fees related to your use of the Platform and/or fees of Protocols, blockchain networks or liquidity providers accrued under your Connected Wallet. We shall never be liable for any loss or damage due to the lack of security of your Connected Wallet.
While using the Platform, you may be exposed to promotional materials that offer or present services of third parties. We do not endorse any third-party websites or services. Some of these sites may contain materials that may be objectionable, unlawful in your jurisdiction, or inaccurate. We are not responsible or liable for any loss or damage should you use or view the third party’s service, and have no control over such services.
Interaction with Protocols
You hereby acknowledge and agree that we do not execute the swap transactions, we do not hold or store any crypto assets, nor we do not collect, store, process or host instructions you submit through the Platform. We do not act as a custodian for your crypto assets.
You acknowledge that you not interact with us when you perform swaps, interact with liquidity pools, provide instructions to a Protocol. Rather, you interact with a decentralized Protocol that matches your instruction or request with the corresponding liquidity pool. These Protocol providers include, but are not limited to, Uniswap, PancakeSwap, QuickSwap, CrowdSwap and SushiSwap.
We do not own or control the underlying software which governs the operation of Protocols, even technically supported by the Platform. All interaction you make with Protocols via the Platform will be strictly between you and these Protocols, we shall not and will not be a party of these actions and will be deemed only as the provider of a graphic user interface.
You hereby acknowledge and agree that we have no liability to you for any claims or damages that may arise as a result of any actions or transactions that you engage in while interacting with Protocols through the Platform.
Taxation
It is your responsibility to determine whether, and to what extent, any taxes apply to activities you perform through the Platform, and to withhold, collect, report and remit the correct amounts of taxes to the appropriate tax authorities. We do not undertake any responsibility to store or archive any transaction information, nor does the Platform has any such storage or archival capability.
Updates to Terms of Service
Afradex may modify these Terms of Service at any time without prior notice.
Last updated August 24 2024.