10. YOUR REPRESENTATIONS AND WARRANTIES
By using the Website or the Services you represent and warrant that:
10.1
Your Awareness of Technology and Risks
10.1.1.
you have read and understand these Terms;
10.1.2.
you have sufficient understanding of the functionality, usage, storage, transmission mechanisms and other material characteristics of cryptographic tokens, token storage mechanisms (such as token wallets), blockchain technology and blockchain-based software systems to understand these Terms. You appreciate the risks and implications of using the Website, the Services, and method of payment for the Services specified on the Website, as well as know how to manage them, and you are solely responsible for any evaluations based on such your knowledge;
10.2
Authority to Enter into Terms
10.2.1.
you have all requisite power and authority to enter into these Terms, to use the Website and the Services and to carry out and perform your obligations under these Terms. If you are using the Website or the Services on behalf of any entity, you represent and warrant that you are authorized to accept these Terms on such entity’s behalf and that such entity will be responsible for breach of these Terms by you or any other employee or agent of such entity. References to “you” in these Terms refer to you and such entity, jointly;
10.2.2.
you are of sufficient age to access the Website and to use the Website and the Services in accordance with the laws and regulations of your country of residence or any other applicable legal requirements;
10.3
You are not a Prohibited Person
10.3.1.
you are not a Prohibited Person and do not represent a Prohibited Person;
10.4
Compliance with Applicable Laws and Regulations
10.4.1.
the entering into and performance of these Terms will not result in any violation of, be in conflict with, or constitute a material default under, with or without the passage of time or the giving of notice:
- any provision of your constituent documents, if applicable;
- any provision of any judgment, decree or order to which you are a party, by which you are bound, or to which any of your material assets are subject;
- any material agreement, obligation, duty or commitment to which you are a party or by which you are bound;
- any foreign exchange, anti-money laundering or regulatory restrictions applicable to you; or- any laws, regulations or rules applicable to you.
10.4.2.
you will comply with any applicable tax obligations in your jurisdiction arising from the use of the Website, the Services, and payment for the Services;
10.4.3.
the entering into, and performance under, these Terms require no approval or other action from any governmental authority or person other than you; and
10.5
Legal Source of the Assets Used for Payment of Services
10.5.1.
the assets, including any digital assets, fiat currency, virtual currency or cryptocurrency, you use to pay for the Services are not derived from or related to any unlawful activities, including but not limited to money laundering or terrorist financing;
10.6
You agree that if your country of residence or other circumstances change such that any of the representations and warranties specified in this Section 10 are no longer accurate, that you will immediately cease using the Website and the Services.