You also declare to be aware of the risks and high volatility of the crypto market and that you have performed your own and independent research.
All users must understand the risks involved in Digital Assets trading and are recommended to exercise prudence and trade responsibly within their own capabilities.
The use of Klever Exchange is restricted to people over 18 years old. Some countries may be excluded from the Services due to local legal restrictions.
The use of Klever Exchange is limited to compliant user and any illegal activities or market misconducts are forbidden and may be used as basis for suspension or termination of the Services.
In order to use Klever Exchange you must register and apply for a Klever Exchange Account providing all requested personal information.
Klever Exchange is a platform for crypto-to-crypto spot trading where you and another user of Klever Exchange agree to exchange two different types of Digital Assets by a specific agreed rate. Klever Exchange does not purchase, sell, or exchange digital assets on its own behalf in any circumstances. Klever Exchange provide its services by providing the technical environment and mechanisms for its users to sell and buy Digital Assets.
Creating an order will automatically update your funds to reflect such order and this order will also be reflected in Klever Exchange Orderbook. When your order is matched, fully or partially, with an order from another user, it will be executed. Orders only partially executed will remain open to be executed until fully executed or cancelled by you. By creating an order, you authorize Klever Exchange to control the funds involved, execute, and settle the trade as instructed by you in your order. Please refer to Types of Orders for different modes of orders, their applications, and functionalities in this link
You understand, acknowledge, and agree that:
If you decided to trade using Klever Exchange, it is needed to transfer funds to your Klever Exchange Account. This transaction may be subject to fees charged by the service provider of your use (external wallet or third part exchange). Klever Exchange has no kind of relationship with these third-party service providers, their fees, and the security of such tools. Considering that the speed of a transfer may vary depending on the blockchain used by you and on the fees you opt to pay on each transfer you order or instruct, it is important to highlight that Klever Exchange cannot guarantee nor regulate the speed of transfer of funds from any third-party service provider into your Klever Exchange Account. Additionally, it is of your own responsibility to make sure that you are using an address that matches the blockchain of a specific Digital Asset being transferred by you into Klever Exchange since a mistakenly instructed order may cause the permanent loss of your Digital Assets. Therefore, you agree, acknowledge, and declare that you are solely responsible for the management of such funds, their security, and costs of any transfer funds into Klever Exchange.
Transfer of funds from your Klever Exchange Account to an account kept by you in a third-party service provider is possible whenever balance is available in your Klever Exchange Account. Balance is considered to be available whenever open orders, trades and fees are fully paid and cleared. Anti-money launder, internal and external compliance norms, security, and identity confirmation controls are applicable to these transactions. In case the transfer order is rejected by an external account, sent to an unavailable account or to a mistakenly informed address you agree that you will not hold Klever Exchange liable for such transactions if your funds are lost. Fess will be charged on the transfer of funds from Klever Exchange account based on the fees applicable on the chosen blockchain or network at the moment of the transaction. Considering that the speed of a transfer may vary depending on the blockchain used by you on a specific transfer you order or instruct, it is important to highlight that Klever Exchange cannot guarantee nor regulate the speed of transfer of funds to a third-party service provided from your Klever Exchange Account and you understand and acknowledge that it may vary depending on general market conditions. The fees applicable to these transactions may also vary depending on the blockchain chosen by you and general market conditions. Additionally, it is of your own responsibility to make sure that you are using an address that matches the blockchain of a specific Digital Asset being transferred by you to transfer your assets from Klever Exchange to a third-party service provider since a mistakenly instructed order may cause the permanent loss of your Digital Assets. Therefore, you agree, acknowledge, and declare that you are solely responsible for the management of such funds, their security, and costs of any transfer funds from Klever Exchange.
Klever Exchange is a platform that enable its users to trade Digital Assets. As such Klever Exchange does not constitute or act as a trustee, broker, intermediary, agent, advisor, fiduciary agent or, in any manner, intends to be considered as advisor, financial advisor, investment advisor or any sort of advisor. All communications, letters, e-mails, messages or institutional communication from Klever to you are intended exclusively to guide you on the mechanisms of the Klever Exchange and are not recommendations of trades or orientation to you to buy or sell any asset. You acknowledge and agree that you have conducted your own and independent due diligence and research on the crypto market and that you are fully aware of legal and tax consequences and any other consequence of becoming an investor in the Digital Assets market.
You hereby declare, agree, acknowledge, and understand that it is your responsibility to comply with your local law, legislation, and regulations regarding all of their aspects. Also, you declare that you will not, in any form, use Klever Exchange in your country if it is prohibited. Additionally, you declare that your funds have legitimate origins and do not originate from any illegal activities and you also represent and warrant that you are not part of any list of trade or economic embargo.
You hereby understand and agree that Klever nor our directors, officers, members, employees, agents or contractors will be liable for any damages, losses of profit, losses of data, or any other kind of losses connected or arising from the use or of the inability to use Klever Exchange, regardless the origin or result of such losses, included but not limited to mistakes, omissions, interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission, service interruption for scheduled or unscheduled maintenance, other users actions, third-party actions or omissions or any failure of performance, whether or not resulting from a force majeure event, communications failure, theft of, destruction of or unauthorized access to Klever Ecosystem records, programs or services. Additionally, you hereby acknowledge and agree that Klever has no control or liability in relation to any aspect (delivery, quality, safety, legality or other) to the Digital Assets traded in Klever Exchange.
Klever Help Center is a 24/7 support tool to address any concerns and questions that may arise from your relationship with Klever Exchange and with any other tool of Klever Ecosystem. It is a fast, personal, and optimal experience to support operations. In this sense you acknowledge and agree that all issues you may have with Klever should first be brought to us through this channel and also that you will always act and negotiate in good faith whenever there is an issue to be dealt with between Klever Exchange and you. Klever will always act in good faith to achieve a good negotiated solution.