4.2 Terms and Conditions of Use
a) Single Account Usage
The User has the right to open only one account on the Fexse platform. Fexse reserves the right to suspend or permanently close the relevant accounts if more than one account is opened or if the same person is found to have created an account using more than one identity.
b) Account Closure and Membership Cancellation
The user can terminate their membership on the Fexse platform if there are no locked or free tokens in their wallet.
c) Trading Conditions and Transaction Fees FEXSE and NFT Tokens: Users can buy, sell and transfer FEXSE tokens and NFT tokens directly through the Fexse platform.
FEXSE Token:
The FEXSE token is the main token of the Fexse platform and can be used for all transactions on the platform.
FEXSE tokens will also be available for trading on Decentralized Finance (DeFi) platforms such as Uniswap.
In the future, if FEXSE tokens are listed on Centralized Exchanges (CEX), users can also trade and clear on these platforms.
Transaction Fees:
Users agree to pay a trading commission for every transaction they execute on the platform.
Commission rates are clearly and transparently displayed to the user during the transaction.
d) User Responsibilities and Risks
The User acknowledges that DeFi based transactions are inherently risky and that trading on the Fexse platform involves technical and financial risks.
The user can use the Fexse platform to execute transactions on the Fexse platform:
Token value fluctuations,
Blockchain network congestion,
Fexse accepts that Fexse is not responsible for any loss or damage arising from liquidity conditions on Uniswap.
The prices, analysis and market data presented on the Platform are provided for informational purposes only and do not constitute investment advice.
e) Tax and Legal Liabilities
The User is personally liable for any tax liabilities and legal responsibilities that may arise in all transactions carried out through the platform.
Fexse cannot be held responsible for any tax liabilities and declarations arising from the user's gain or loss.
f) Account Security and Unauthorized Access
The user is personally responsible for the security of the username and password set when registering on the Fexse platform.
The user may choose to use two-factor authentication (2FA) to increase account security. While the use of 2FA significantly increases the security of user accounts, it is not mandatory on the platform. The User agrees that if he/she does not enable 2FA, he/she assumes all risks related to account security at his/her own risk.
Fexse cannot be held responsible if the user shares his/her password with third parties or if unauthorized access is provided to his/her account.
g) Account Information Update and Security Measures
The User is obliged to keep his/her account information such as e-mail, phone number and wallet information up to date.
To prevent security breaches:
If the user changes email or wallet, Fexse may suspend the account for 24 hours.
After the necessary verifications are completed, the account is reactivated.
h) Account Transfer and Inheritance Right
The User may not transfer, sell or make available his/her account to a third party.
If account transfer is required by inheritance, divorce or court order, the user is obliged to document this. Fexse will finalize the transfer within 30 days from the submission of the required documents.
i) Transactions via Uniswap and DeFi Usage Uniswap is a Decentralized Finance (DeFi) platform that allows users to trade stablecoins and tokens without an intermediary.
Token trading on Fexse can be conducted both on the platform and through DeFi protocols like Uniswap.
The user is trading on Uniswap:
Connect their own wallet,
Pay the required transaction (gas) fees,
Be mindful of network congestion and liquidity conditions.
j) Limits of Trading Authority
Approval of this User Agreement does not give the right to buy and sell tokens directly.
The trading and ownership conditions of each NFT token will be separately defined in the relevant NFT Contract and cannot be traded without approval by the user.
k) Legal Compliance and User Responsibilities
The User is obliged to comply with all current and future international and local legal regulations regarding blockchain-based tokens and NFTs.
The User is responsible for following the legal regulations that have entered into force or will enter into force in the country in which it operates and to act in accordance with these regulations.
The User agrees in advance that he/she will make transactions on the platform only with his/her own credentials and that all transactions realized on the platform belong to him/her.
Fexse cannot be held liable for any damages or restrictions resulting from any new legal regulations or decisions taken by government agencies.
l) Communication and Information Update Obligation
Fexse will contact the User at the e-mail address or telephone number provided during registration.
In the event of any changes in the contact information, the User is obliged to update these changes immediately on the platform.
Due to the user providing false or outdated information:
Access to the platform may be blocked.
Fexse shall not be liable for any damages arising from non-receipt of notices.
m) Platform Disclaimer
Fexse is not responsible for losses caused by technical problems of third-party platforms such as DeFi transactions and Uniswap.
The platform does not guarantee non-contractual income and cannot be held responsible for users' profit or loss.
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