When a visitor enters the member's account, password, and other information that matches the login information provided to the company to use the company's services and accesses the company's mobile and web pages, all transactions made during the relevant access period The conduct is considered to be due to the true intention of the member. Therefore, members must maintain the security of their accounts, passwords and other information, and must be careful of damage caused by financial accidents or crimes themselves.
In the case of cryptocurrencies such as bitcoin, the issuer does not exist, so no third parties inside or outside the United Arab Emirates (including companies) guarantee value or guarantee payment. Therefore, cryptocurrencies such as bitcoin may have very large volatility depending on the law of the United Arab Emirates government, the interpretation of the authority of the administrative agency, and the economic environment, and the interpretation of legal actions for transactions of cryptocurrencies such as bitcoin differs from country to country. Since there are inherent risks, members must pay attention to this point.
In the case of Aladdin Exchange transaction service, it is a service provided by the company so that members can trade cryptocurrencies with third parties using blockchain technology. Currently, blockchain technology is evaluated as non-modifiable by a third party, but this can be changed at any time due to technological advances or other unforeseen circumstances.
The transaction details of the cryptocurrency are recorded in the blockchain, allowing cryptocurrency users around the world to check the truth of the transaction. However, if the consistency of the blockchain for which transaction details are confirmed is damaged due to reasons attributable to a third party such as a communication service provider, inspection of the server in the company, or errors in the blockchain itself, transactions are made by the company or a third party other than the company. History can be restored to a specific point in the past.
The company makes efforts to provide 365 days, 24 hours service, but this is not a guarantee. In the event of a problem such as a temporary suspension of the service or an error in the service due to illegal acts of a member or a third party, the company resolves the problem and resumes the service. In this case, the member may request the company to recover based on the transaction record held by the company.
Recently, there have been cases of using cryptocurrencies such as bitcoin as a means of electronic financial fraud such as smishing and pharming. Therefore, members must take care of themselves so that damage does not occur due to electronic financial fraud, and if an investigation by an investigative agency, judiciary, administrative agency, or other public authority is required due to an electronic financial fraud, the account and electronic wallet need to be frozen, The company may freeze the account and electronic wallet without the consent of the member.
In the event of damage to the company due to the member's illegal activity, the company may exercise the right to claim damages against the member according to the law. Therefore, please be sure to follow the laws and regulations to use the company's services.
The definitions of terms used in these terms of service are as follows:
The Company strives to protect the personal information of members in accordance with relevant laws such as the Act on Promotion of Information and Communication Network Utilization and Information Protection, and the Personal Information Protection Act. Regarding the protection and use of personal information, relevant laws and regulations and the company's personal information processing policy are applied. However, the company's personal information processing policy does not apply to screens linked to the outside of the screens produced and provided by the company.
More information about the Fee Structure can be found on this page: https://aladdin25.com/info/fees
Digital assets are not endorsed by financial institutions or governments. In addition, the high level of risk associated with digital assets and digital asset trading, volatility in the cryptocurrency market, problems with internet connection or disconnection, blockchain, software errors, hacking, phishing or malicious software attacks, loss of significant or all cryptocurrencies, hard Members agree that the company or affiliates are not liable for losses arising from or incurred due to the specified risks, such as changes in laws and regulations in all jurisdictions related to forking and cryptocurrency. In no case should the company be construed as guaranteeing the financial security of the digital assets provided by the company. Members can trade digital assets to recognize the loss of some or all of their investments. Members are not responsible for any losses arising or arising from the sale of digital assets available on the website. The company is not liable in any way.