By using or accessing ALTEUMX Services, you hereby agree to this Statement written below, as updated from time to time in accordance with certain regulatory conditions set forth by the appropriate authorities and other laws enacted by Government. Additionally, you will find resources at the end of this document that help you understand how ALTEUMX works. The Agreement entered into is between the User and ALTEUMX, and thusly has the binding effect of a legal contract. "ALTEUMX" means the network platform operated by ALTEUMX, this is including but not limited to the ALTEUMX web page, with the domain name of ALTEUMX.com, (https://alteumx.com) which is encrypted as need be.
1.1. Definitions: In these Terms and Conditions and all documents incorporated herein by reference, the following words have the subsequent meanings unless otherwise indicated:
1.1.1. "ALTEUMX Marks" means logos, trade names, word marks, and design marks property of ALTEUMX.
1.1.2. "Digital Tokens" means blockchain-based assets or rights, or other similar digital representations of rights or assets, including but not limited, AUM tokens, bitcoins, Litecoins, and ethers;
1.1.3 "Losses" has the meaning set out in Paragraph 8 of these Terms and Conditions;
1.1.4. "Person" includes an individual, association, partnership, corporation, other body corporate, trust, and any form of legal organization or entity;
1.1.5. "Personal Information" means information about an identifiable individual, business, organization, or other entity, include the name, title, business address, or telephone number, tax id number; and any other information that ALTEUMX required for validate your identity.
1.1.6. "Prohibited Jurisdictions" means Bosnia and Herzegovina; Democratic People’s Republic of Korea (North Korea); Ethiopia; Iran; Iraq; Serbia; Sri Lanka ; Syria; Trinidad and Tobago ; Tunisia ; Uganda; Vanuatu; Afghanistan, Algeria, Bangladesh, Bolivia, Morocco, Pakistan, Qatar, Republic of Macedonia, Vietnam and, Yemen;
1.1.7. "Prohibited Use" has the meaning set out in 7.12 of these Terms and Conditions;
1.1.8. "ALTEUMX Services" means any of the services, functions, or features offered on the Site;
1.1.9. "Site" means the Internet website www.alteumx.com;
1.1.11. "you" or "your" means the customer.
1.2 Headings: The headings and subheadings in these Terms and Conditions are for ease of reference only and are not to be taken into account in the construction or interpretation of any provision or provisions to which they refer.
1.3 Extended Meanings: Unless otherwise specified in these Terms and Conditions, words importing the singular include the plural and vice versa and words importing gender include all genders.
1.4 Governing Law: These Terms and Conditions shall be governed by and construed and enforced in accordance with the laws of Panama and shall be interpreted in all respects as a Panama contract. Any claim or action arising from or related to these Terms and Conditions shall be governed by and construed and enforced in accordance with the laws of Panama. For the avoidance of doubt, and without limiting the generality of the foregoing, this provision expressly applies to any tort claim against ALTEUMX. The venue and forum for any claim or action against or involving ALTEUMX shall be in Panama. You unconditionally attorn to the exclusive jurisdiction of the courts of Panama and all courts competent to hear appeals therefrom. You also unconditionally agree to the exclusive forum and venue of Panama in all claims or actions arising from or any dispute or question of any kind relating to these Terms and Conditions. The doctrine of forum non conveniens shall not apply in the selection of forum under these Terms and Conditions.
The content of this agreement includes the main body of the agreement and various rules that have been written or may be published from time to time by ALTEUMX. All rules will be an integral part of this agreement, and will have the same legal effect as the main body of this document. Unless expressly stated otherwise, any additional service provided by ALTEUMX shall also be subject to this agreement. You must read this agreement carefully before using any ALTEUMX service. You hereby agree to accept and respect this agreement. If you do not agree to these conditions, registration/activation will be terminated or you may stop using ALTEUMX Services. ALTEUMX reserves the right to modify this agreement and various rules from time to time, as we deem necessary, be it by a general announcement on the ALTEUMX website, without any individual notice to you. The modified agreement and internal regulations will take effect immediately and automatically after being announced. If you do not agree with the corresponding amendment, then your only resource in case of disagreement is to stop using ALTEUMX Services. If you continue to use ALTEUMX Services, you will be considered as having accepted the agreement and the modified rules.
The use of the Site and any Services is void where prohibited by applicable law.
You hereby confirm that you are either a natural person, legal person or any other organization with the full capacity of civil rights and civil conduct when the registration ends or in fact the use of ALTEUMX services in any other way permitted by ALTEUMX begins. If you do not have such capacity, you and your guardian must then take all necessary steps in order to do so, or accept any consequences as a result of non-compliance. ALTEUMX will not be responsible for acts carried out in contravention of the aforementioned, and will have the right to cancel or freeze your account permanently, and lay claims against you and your guardian for compensation.
You hereby confirm that you understand the risks associated with using the Site, and will comply with the provisions of the Terms and Conditions of the Services provided by ALTEUMX
You will be bound by this agreement, once you have filled in all the information required, completed the registration process by following the instructions set out on the registration page, read and accepted this agreement, and have subsequently completed the activation process following the instructions on the activation page, or begun your actual use of ALTEUMX Services in a manner permitted by ALTEUMX. ALTEUMX User Information will be connected to your email address after you validate your email through the email that ALTEUMX will send you, creating your account.
LEVELS OF ACCOUNTS
ALTEUMX has different levels of accounts according to the needs you have, which are aligned with the applicable legal provisions and for which we require the information provided below.
|Fiat Level (MXN)||Requirements||Scope|
You will be solely responsible for the custody of your ALTEUMX account and the password linked to your account. You will also be responsible for all activities undertaken through the creation of your account in the email registration, account name and password usage.These are including, but not limited to the disclosure of information, publication of information, giving consent to ALTEUMX through presentation of various rules and agreements by clicking on the website, onlinerenewal of agreement or online purchase of services, etc. You agree that: a) you will notify ALTEUMX immediately if you are aware of any unauthorized use of your ALTEUMX account and password by any person or any other violations of security regulations; b) may strictly observe the security, authentication, traffic, load, mechanism or procedures of the website/removal service; and c) that the website session is closed by taking appropriate measures at the end of each visit. ALTEUMX will not be responsible for any loss caused by non-compliance with these provisions. You are hereby stating that you understand that ALTEUMX needs reasonable time to take action upon your request, and that ALTEUMX will assume no responsibility for the consequences (including but not limited to any losses incurred) or any other actions that have occurred prior to this type of occurrence.
Through ALTEUMX Service and any other services provided by ALTEUMX and its affiliates, members can publish information on negotiations, access to price information, carry out mercantile agreements, participate in activities organized by ALTEUMX, and enjoy other information services and technical services provided by and through the platform. You further acknowledge and agree that ALTEUMX cannot, be it by requests of governmental authorities (including judicial and administrative departments), divulge any user information provided by you to ALTEUMX, be them transaction records or any other necessary information. If a user allegedly infringe any other intellectual rights or legitimate interests, ALTEUMX can provide the necessary identification information of that the interest holder (if ALTEUMX preliminarily decides there is proof of the alleged infringement.) All applicable taxes and all expenses related to the hardware, software, services, etc. that occurs during your use of the ALTEUMX Service will be exclusively determined at and by the customer's expense. By using this service you agree that all commercial executions are final and irreversible. By using this service you accept that ALTEUMX reserves the right to settle any transaction at any time, regardless of the profit and loss position.
7.1 By this promise to observe the following commitments during your use of the ALTEUMX Service within the ALTEUMX Platform, all activities that are carried out while using the ALTEUMX Service will be in compliance with the requirements of laws, regulations, normative documents and various standards of ALTEUMX, and as such, will not be in violation of public interests or legitimate interests of others, will not constitute the evasion of taxes payable or fees, and will not violate this agreement or relevant standards.If you violate previous promises and therefore incur in legal consequences, you must independently carry out all legal liabilities in your own name and keep ALTEUMX from any loss resulting from such violation.
7.2 You must keep all evidence related to your actions on your own and if any accusations befall you, you will bear the burden of proof and will accept any and all adverse consequences resulting from any alleged breach of the agreement.
7.3 Trading markets are volatile and shift quickly in terms of liquidity, market
depth, and trading dynamics. You are solely responsible and liable: for any and
all trading and non-trading activity on the Site and for your account on the Site;
and, for knowing the true status of any position or contract with any other party
on the Site, even if presented incorrectly by the Site at any time. You
acknowledge and agree: to be fully responsible and liable for your trading and
non-trading actions and inactions on the Site and all gains and losses sustained
from your use of the Site and any of the Services; to be responsible for any
negative balance in your account(s) on the Site; to be fully responsible and liable
for all of your obligations with respect to any financing activities on the Site; and,
to be fully responsible for safeguarding access to, and any information provided
through, the Site and any of the Services, including, but not limited to, private
keys, usernames, passwords, and bank account details.
There is no guarantee against losses on the Site. You may lose more than is in your various wallets on the Site if you engage in financing on the Site or if there is a force majeure event. When financing is used for trading, the loan carries risk if, among other things, the value of your Digital Tokens drops. If the value of your Digital Tokens drops below a certain level, you are responsible for responding to this market circumstance with cash or additional Digital Tokens satisfactory to ALTEUMX. Failure to respond can result in the forced-liquidation of Digital Tokens in your account. ALTEUMX cannot guarantee to stop losses even with the ability to force-liquidate any of your positions (due to, for example, market volatility and liquidity). ALTEUMX will not be and is not responsible for any Financing Provider losing funds or Digital Tokens to any Financing Recipient on the Site or for any losses incurred by a Financing Recipient or any other party on the Site.
During any transaction with other members, which will all be done in good faith, you will not undertake any act of unfair competition, will not alter the normal order of online transactions, and will not engage in any act not related to online transactions.
7.4 ALTEUMX reserves the rights to charge service fees which will be published on https://alteumx.com/fees , this fees will be charged for the use of the services provided by ALTEUMX. ALTEUMX will withhold the corresponding amount of the fee depending on the service used.
7.5 ALTEUMX does not act as principal, counterparty, or market-maker in the transactions effected through trading on ALTEUMX or in providing financing for financed trading on ALTEUMX. However, ALTEUMX administers and enforces contracts among parties engaged in financing activities on the Site. You hereby irrevocably appoint ALTEUMX to act as your exclusive agent in respect of any contract on the Site in which you are a Financing Recipient. Specifically, you hereby grant ALTEUMX agency, and you authorize and instruct ALTEUMX: to implement, levy, monitor, and maintain a lien on all fiat amounts and Digital Tokens in your name or control on the Site in favor of one or more Financing Providers (a “Lien” ); and, to liquidate any Digital Tokens in your name or control on the Site if necessary to ensure that any Financing Provider on the Site from whom you have obtained financing is repaid in full.
7.6 Irrespective of the nature and form of any withdrawal request, whether initiated by you or otherwise, ALTEUMX reserves the right to process and send withdrawals using money or any one or more Digital Tokens. In the course of processing and sending any withdrawals in money or one or more Digital Tokens, ALTEUMX may be required to share your customer information with other contractual third parties. You hereby irrevocably grant full permission and authority for ALTEUMX to share this information with such contractual third parties and release ALTEUMX from any liability, error, mistake, or negligence related thereto.
7.7 If the value of your Digital Tokens drops below a certain level, this may result in one of two actions taken by ALTEUMX. First, ALTEUMX at all times reserves the right to force-liquidate the Digital Tokens in your account. Where this occurs, your Digital Tokens will be seized by ALTEUMX and used to repay any outstanding amounts due to your Financing Providers. Second, where you have negative equity, or where ALTEUMX determines in its sole discretion that, upon liquidation, you would likely have negative equity—that is, you fall below a certain maintenance requirement—in one or more or a combination of positions, ALTEUMX reserves the right to seize, take over, and assume all of your liabilities and collateral and to dispose of one or more of your positions, or to retain one or more of them, at a profit or loss, at ALTEUMX’s risk and expense. Further to your responsibility for all trading and financing activity and inactivity on the Site, any action may be taken by ALTEUMX pursuant to this paragraph at any time with or without notice to you, in ALTEUMX’s sole discretion.
7.8 Where you have not traded on the Site or engaged in any funding activity on the Site for an uninterrupted period of one year, ALTEUMX thereafter reserves the right to charge and obtain from you an inactivity fee of $25.00 per year, with orwithout notice to you. This fee will be taken from the Digital Tokens and other property that you hold on the Site.
7.9 Where you have not logged into your account on the Site for an uninterrupted period of two years, ALTEUMX thereafter reserves the right to deem any and all property that you hold on the Site, including Digital Tokens, to be abandoned, with or without notice to you. If your property is abandoned, it will be dealt with in one of two ways. First, if you are an unverified customer, it will be immediately forfeited to and seized by ALTEUMX. Second, if you are a verified customer, we will engage in a process to determine the abandoned property’s owner (including successors-in-interest and next-of-kin). This process will be subject to servicing and administration fees to be levied on and collected out of the property by ALTEUMX. Any amounts greater than our servicing and administration fees will be paid to the property’s owner, when and if found.
7.10 You acknowledge and accept that ALTEUMX will have the right to unilaterally determine if any of the above clauses have been violated and, in accordance with such unilateral determination, apply the relevant rules and take the necessary measures, be it by termination of services, without consent or prior notification. If an alleged violation has been concluded of all legal documents in force issued by the judicial or administrative authorities, or ALTEUMX determines in its discretion that it is likely there has been a violation in the terms of this agreement or the rules or laws and regulations of a respective country, you may have the right to publish in ALTEUMX those alleged violations and the actions that have been taken against you by ALTEUMX. As with any information published by ALTEUMX that allegedly violates internal regulations or violates the law, the interests of other legitimate interactions, this agreement or other standards, ALTEUMX will have the right to eliminate such information without prior notice and impose sanctions in accordance with the rules. Furthermore, in order to maintain order and security of transactions within the platform, ALTEUMX will also reserve the right to close the relevant orders and take any other actions in the event of any malicious sale or purchase or any other type of occurrences that may disturb the normal order of the market transactions. As with any act that may have taken place in ALTEUMX, including those that it has not carried out in ALTEUMX but may have had an impact on ALTEUMX markets and its users, ALTEUMX will have the right to unilaterally determine its nature and if it constitutes a violation of this agreement or any rule, and impose punishments accordingly.
7.11 You and ALTEUMX agree that any party hereto may bring claims against the others only on an individual basis and not as a plaintiff or class member in any purported class or representative action or proceeding. No adjudicator may consolidate or join more than one person’s or party’s claims and may not otherwise preside over any form of a consolidated, representative, or class proceeding. Any relief awarded to any one ALTEUMX user cannot and may not affect any other ALTEUMX users.
7.12 Any use as described in this paragraph shall constitute a "Prohibited Use." If ALTEUMX determines that you have engaged in any Prohibited Use, ALTEUMX may address such Prohibited Use through an appropriate sanction, in its sole and absolute discretion. Such sanction may include, but is not limited to, making a report to law enforcement or other authorities; confiscation of any funds or Digital Tokens that you have on the Site; and, terminating your access to any Services. ALTEUMX may, at its sole and absolute discretion, seize and hand over your property to law enforcement or other authorities where circumstances warrant.
You may not:
- Use the Site or any Services in order to disguise the proceeds of, or to further, any breach of applicable laws or regulations, or to deal in any contraband Digital Tokens, funds, or proceeds
- Trade or obtain financing on the Site, or use any Services, with anything other than funds, keys, or Digital Tokens that have been legally obtained by you and that belong to you
- Use the Site or any Services to interfere with or subvert the rights or obligations of ALTEUMX or the rights or obligations of any other Site customer or any other third party
- Trade using inaccurate information presented by the Site or by ALTEUMX or take advantage of any technical glitch, malfunction, failure, delay, default, or security breach
- Use the Site or any Services to engage in conduct that is detrimental to ALTEUMX or to any other Site customer or any other third party
- Furthermore, you will not use any data about or from ALTEUMX for any commercial purpose, including but not limited to the use of the data appearing in ALTEUMX through copying, dissemination or any other means without the prior written consent of ALTEUMX.
- You will not use any device, software or subroutine to intervene or attempt to interfere with the normal functioning of ALTEUMX or any ongoing transaction or activities in ALTEUMX.
- You will not take any action that will induce reasonable size of the data load on ALTEUMX network equipment.
- Falsify any account registration details provided to ALTEUMX;
- Falsify or materially omit any information or provide misleading information requested by ALTEUMX, including at registration;
- Reverse-engineer, decompile, or disassemble any software running on the Site;
- Attempt to harm ALTEUMX or any third party through your access to the Site or any Services, except that nothing in this subparagraph shall be construed as limiting your free speech rights under applicable law;
- Where you are a resident or national of a Prohibited Jurisdiction or a resident of the United States of America, access the Site or any Services using any virtual private network, proxy service, or any other third party service, network, or product with the effect of disguising your IP address or location; or:
- violate these Terms and Conditions.
ALTEUMX will provide the ALTEUMX Platform in "as is" and its status as "available in the market".
ALTEUMX disclaims any express or implied warranty with respect to the ALTEUMX Service or Platform, however these are not limited to the applicability, free from error or omission, continuity, accuracy, reliability or suitability for a particular purpose.
Similarly, ALTEUMX disclaims any promise or guarantee with respect to the effectiveness, accuracy, accuracy, reliability, quality, stability, integrity and timeliness of the technology and information implied by the ALTEUMX Service.
You are fully aware that, unless published officially by Alteum, information about ALTEUMX published by users on their own accord may contain risks and defects.
ALTEUMX serves simply as a place for transactions. ALTEUMX is an intermediary platform where information related to the specific currency or asset is acquired, same as the search for counterparts of the transactions and to negotiate and carry out their transactions, but ALTEUMX cannot control the quality, price, security or legality of independent currencies involved in the transactions, nor can we be responsible for the veracity or accuracy of the transaction information provided by others, nor control the ability of the parties involved a transaction of their obligations under the corresponding documents.
You must make a judgment with caution on your behalf on the veracity, respective legality, and effectiveness of the currency and information in question, and accept all liabilities and losses that may be caused by it. Unless expressly required by laws and regulations or any of the following circumstances, ALTEUMX will have no obligation to perform a preliminary examination of the information data, transaction activity and any other transaction-related information of all users, unless ALTEUMX has reasonable grounds to suspect that an individual, and member of a particular transaction may materially violate the law or by agreement. If ALTEUMX has reasonable grounds to suspect that the activities performed on ALTEUMX by a member may be illegal or inappropriate, then an appropriate course of action will be taken to resolve the issue.
Except as may be provided for in these Terms of Service, ALTEUMX assumes no liability or responsibility for and shall have no liability or responsibility for any claim, application, loss, injury, delay, accident, cost, business interruption costs, or any other expenses (including, without limitation, attorneys’ fees or the costs of any claim or suit), nor for any incidental, direct, indirect, general, special, punitive, exemplary, or consequential damages, loss of goodwill or business profits, work stoppage, data loss, computer failure or malfunction, or any and all other commercial losses (collectively, referred to herein as “Losses”) directly or indirectly arising out of or related to:
- these Terms and Conditions;
- the Site, and your use of it;
- the Services, and your use of any of them;
- the real or perceived value of any currencies or Digital Tokens traded on the Site, or the price of any Digital Token displayed on the Site at any time;
- any inaccurate, misleading, or incomplete statement by ALTEUMX or on the Site regarding your account, whether caused by ALTEUMX’s negligence or otherwise;
- any failure, delay, malfunction, interruption, or decision (including any decision by ALTEUMX to vary or interfere with your rights) by ALTEUMX in operating the Site or providing any Service;
- any stolen, lost, or unauthorized use of your account information any breach of security or data breach related to your account information, or any criminal or other third party act affecting ALTEUMX; or,
- any offer, representation, suggestion, statement, or claim made about ALTEUMX, the Site.
You hereby agree to release the Associates from liability for any and all Losses, and you shall indemnify and save and hold ALTEUMX harmless from and against all Losses. The foregoing limitations of liability shall apply whether the alleged liability or Losses are based on contract, negligence, tort, unjust enrichment, strict liability, or any other basis, even if ALTEUMX have been advised of or should have known of the possibility of such losses and damages, and without regard to the success or effectiveness of any other remedies.
ALTEUMX does not provide any investment advice or advice on trading techniques, models, algorithms, or any other schemes.
ALTEUMX and the ALTEUMX logotypes, trade names, wordmarks, typography, and design emblems, and GBN symbols (the "ALTEUMX Marks") are all trademarks of ALTEUMX. You agree not to appropriate, copy, display, or use the ALTEUMX Marks or other content without express, prior, written permission to do so. Unless otherwise indicated, all materials on ALTEUMX are © ALTEUMX.
No Waiver Any failure by ALTEUMX to exercise any of its respective rights, powers, or remedies under these Terms and Conditions, or any delay by ALTEUMX in doing so, does not constitute a waiver of any such right, power, or remedy. The single or partial exercise of any right, power, or remedy by ALTEUMX does not prevent either from exercising any other rights, powers, or remedies.
ALTEUMX is not responsible for damages caused by delay or failure to perform undertakings under these Terms and Conditions when the delay or failure is due to fires; strikes; floods; power outages or failures; acts of God or the state’s enemies; lawful acts of public authorities; any and all market movements, shifts, or volatility; computer, server, or Internet malfunctions; security breaches or cyberattacks; criminal acts; delays or defaults caused by common carriers; acts or omissions of third parties; or, any other delays, defaults, failures or interruptions that cannot reasonably be foreseen or provided against. In the event of force majeure, ALTEUMX is excused from any and all performance obligations and these Terms of Service shall be fully and conclusively at an end.
These Terms and Conditions, and any of the rights, duties, and obligations contained herein, are not assignable by you without prior written consent of ALTEUMX. These Terms and Conditions, and any of the rights, duties, and obligations contained herein, are freely assignable by ALTEUMX without notice or your consent. Any attempt by you to assign these Terms of Service without written consent is void.
If any provision of these Terms and Conditions, as amended from time to time, is determined to be invalid, void, or unenforceable, in whole or in part, by any court of competent jurisdiction, such invalidity, voidness, or unenforceability attaches only to such provision and everything else in these Terms and Conditions continues in full force and effect.