Coinreading

Terms Of Use

Terms and Conditions

1. Consenting to the Terms

1.1 This Coinreading (“Terms & Conditions”) apply to your use of “Coinreading” or “Coinreading.com”. Please read this Terms & Conditions carefully. By using Coinreading, you acknowledge and agree to be bound by this Terms & Conditions. If you do not agree with this Terms & Conditions, do not use Coinreading.

1.2 Coinreading reserves the exclusive right to revise, change or amend any portion of this Terms & Conditions at any time, without advance notice to customers. For every time you utilize this platform you give your consent to be bound by this Terms and Conditions as may be amended from time to time.

1.3 Eligibility. To be eligible to use the Coinreading Services, you must be at least 18 years old and a resident of Nigeria.

1.4 Coinreading Services. Your Coinreading account ("Coinreading Account") include the following Coinreading services:

  • A Bitcoin wallet that allows users to store bitcoin, track, transfer, and manage their bitcoins;
  • Marketplace: The Person-to-Person (P2P) Exchange services through which users can buy and sell bitcoin in transactions with other Coinreading users;
  • An escrow wallet for both Fiat Currency (e.g Naira) and Ecurrency (e.g Bitcoin) for use in connection with other Coinreading Services; and
  • Buying and Selling of Ecurrencies e.g Perfect Money, Bitcoin and Ethereum.

The risk of loss in trading or holding Ecurrency can be substantial. You should therefore carefully consider whether trading or holding ecurrency is suitable for you in light of your financial condition.

2. Property Rights

All rights, title, and interest, including all intellectual property rights, in and to, the;

  • APIs, and all elements, components, and executables of the APIs;
  • the Content available from the APIs;
  • our Website; and
  • our Brand Features are all exclusive properties of Coinreading.

Subject to the express licenses granted in these Terms, Coinreading does not grant you any right, title, or interest in the Coinreading Materials which you may or may not have access to. You agree to take such actions, including executing any legal or official document and other documents that Coinreading may request that you execute to further affirm our third party website’s intellectual property rights.

3. Registration or Placing Order

3.1. The services provided by Coinreading enables you to buy and sell ecurrencies (Perfect Money, Ethereum and Bitcoin) and send or receive money with your Coinreading account using the payment methods available on www.Coinreading.com.

3.2. To enjoy this service you have to sign up on Coinreading.com website or on the Coinreading mobile application and also operate an active Perfect Money account, Ethereum wallet or Bitcoin Wallet. In the event that your Coinreading account is terminated for any reason, you are no longer qualified to use the services.

3.3 Upon signing up for the Coinreading Services, you are creating an Coinreading account ,you may be requested to supply information such as: Name, Contact Information, etc. You are totally responsible for providing accurate information in this regard and for updating same in the event that there is a change. E.g Change of Contact Information etc. You acknowledge that by using Coinreading services, some of your personal information will be available to any third party involved in the provision of the services including without limitation, payment processors, partner banks and ecurrency service providers. These information maybe authenticated via a third party verification vendor as deemed appropriate by Coinreading. Please note that the information provided by you will be used to determine if you are qualified to start or continue using the services. We reserve the right to shutdown, limit, or suspend your access to Coinreading Services in the event that we are unable to authenticate your information. Provision and use of such data is subject to the Coinreading PRIVACY POLICY AS DESCRIBED BELOW.

Any information (s) we collect from you is for the sole use of identifying and providing you with quality service. We will neither lend nor sell out any of your personal details nor use it for any other activity outside serving you.

However, we will comply fully with the law if we are demanded to provide any details about you which is within our reach.

Any information you provide directly to a third party merchant, website or application is not covered by this privacy notice. We encourage you to review the privacy policies of any third party to whom you choose to share your personal information directly as we are not responsible for the privacy or security practices of the third parties with whom you choose to share your personal information directly.

4. Login Information

4.1. The Confidentiality of your email address and password; all transactions that occur under your email address and password, any and all consequences of your email address and password is solely your responsibility.

4.2. a The set of email address and password unique to your Coinreading Account must not be shared with, assigned or utilized by another person. You acknowledge that the sharing of your email address and password with other persons may cause irreparable harm to Coinreading and you shall indemnify Coinreading against any loss or damages suffered by Coinreading as a result of such multiple use. In the event that there is an unauthorized use you must immediately contact Coinreading. You agree that Coinreading shall not be liable for any loss or damage arising from your negligence or failure to comply with this provision.

4.2. b If you are a business entity, you agree that all officers, employees, agents, representatives and others having access to the email address and password have been duly authorized by you to use the services on your behalf and to legally bind you. You are therefore responsible for all their actions whether authorized by you or not, while accessing the business, with your email address and password.

5. Your Responsibilities

5.1 Your use of the services must be in good faith and in compliance with all applicable laws and regulations.

5.2 The information and material you supply in connection with the use of the services must be authentic, true and accurate, must not be false, misleading or deceptive.

5.3 You must not use the services to defraud Coinreading, other members or users of the Coinreading Website or engage in other unlawful activities. Please note that you are solely responsible for the payment of any taxes, duties or other governmental levies or any financial charges arising from the use of your Coinreading account.

5.4 Disclaimer of Warranty The internet is a very complex place. Sometimes, things may not go as expected. We do not give any guarantee or warranty for any service provided. However, we try our best to provide you with a better service at the shortest time possible.

Anything you do on the internet is at your own risk and we’ll not be directly or indirectly responsible for any loss or unpleasant situations that might arise.

Coinreading MAKES NO WARRANTIES OR REPRESENTATIONS OF ANY KIND FOR THE SERVICES BEING OFFERED. THE SERVICE IS PROVIDED ON A "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF TITLE, NON-INFRINGEMENT, OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. No advice or information given by Coinreading or its agents or employees shall create a warranty. Coinreading provides no warranty that the service will be uninterrupted or error free or that there might not be delay in transactions. Under no circumstances shall Coinreading be liable for any direct, indirect, special, punitive, or consequential damages that result in any way from your use of or inability to use the service, or for third partie'’ use of the service to access your account, or to rely on the service, or on errors or omission in the service content. If you are dissatisfied with Coinreading services or any of its terms, conditions, rules, policies, guidelines, or practices, your sole and exclusive remedy is to discontinue using the service.

In consideration of your use of the services you agree to provide true, accurate and complete information about yourself and your business as prompted by the services' registration form or account details. If any information you provide is untrue, inaccurate, not current or incomplete, Coinreading has the right to terminate your account and refuse any or all current or future use of the services.

Coinreading reserves the right to change the Terms and Conditions and the services provided including but not limited to: changing the applicable fees; and instituting new charges at any time. Any changes to the Terms and Conditions will be posted on the Website. In the event that you do not accept such changes, you should stop using the services. Your continued use of the services after any such changes take effect constitutes your acceptance to such changes. You acknowledge that it is your responsibility to regularly review this Agreement and any other applicable terms and conditions made available on the Website.

6. Suspension or Termination of Service

6.1 Coinreading reserves the right to, at its sole discretion, suspend or terminate your access to or use of the services at any time without notice for any reason, including but not limited to: (a) breach of any term or condition of this Agreement; (b) any suspected fraudulent activity; (c) non-compliance with any applicable laws or regulations; or (d) any other reason as deemed appropriate by Coinreading.

6.2 You agree that Coinreading shall not be liable to you or any third party for any suspension or termination of your access to the services.

6.3 Upon termination of your access to the services, all rights granted to you under this Agreement shall immediately cease.

7. Governing Law

7.1 This Agreement shall be governed by and construed in accordance with the laws of Nigeria, without regard to its conflict of law principles.

7.2 Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of Nigeria.

8. Miscellaneous

8.1 This Agreement constitutes the entire agreement between you and Coinreading with respect to the subject matter hereof and supersedes all prior or contemporaneous understandings and agreements, whether written or oral, relating to such subject matter.

8.2 If any provision of this Agreement is found to be invalid or unenforceable, such provision shall be enforced to the maximum extent possible, and the remaining provisions of this Agreement shall remain in full force and effect.

8.3 No waiver of any term or condition of this Agreement shall be deemed a further or continuing waiver of such term or condition or any other term or condition, and Coinreading's failure to assert any right or provision under this Agreement shall not constitute a waiver of such right or provision.

8.4 You may not assign or transfer your rights or obligations under this Agreement without the prior written consent of Coinreading. Any attempted assignment or transfer without such consent shall be null and void.

8.5 Coinreading may assign or transfer its rights or obligations under this Agreement without your prior consent.