Terms of Use
Last Updated: 2024-05-24
1. General
Welcome to the Coinscan website (the "Website"), a website operated by Cryptohub Ltd., a company registered in Israel, registration number 516585452 (“Cryptohub” "Company", "We", "Us" or "Our").
These terms of use (the "Terms") govern your ("You", "Your" or “User”) use of the Website and/or the Services (as the term “Services” is defined in section 4.1 below). These Terms should be read carefully by You in their entirety prior to Your use of the Services. Please note that these Terms constitute a legally binding agreement between You and Us, and that if You do not agree with any provision of these Terms, You shall immediately cease using the Website. By using the Website, You agree to the Terms, as amended from time to time.
These Terms incorporate Our Privacy Policy and by agreeing to these Terms, You confirm that You also accept and agree to Our Privacy Policy. (You can review Our Privacy Policy by clicking here.)
All information made available to the User through this Website constitutes its “Content” and shall be for information purposes only.
2. Eligibility
You are only entitled to use the Website if You comply with all of the following:
You are at least 18 years old;
We have not suspend or terminate Your access in the past for any reason to use of Our Services and Website; and
You have the right, authority and capacity to enter into these Terms and to abide by all the terms and conditions of these Terms.
If You are using the Services on behalf of a corporation, governmental organization or other legal entity, You have the right, power and authority to enter into the Terms on behalf of such corporation, governmental organization or other legal entity and bind them to these Terms;
You are not prohibited from using the Services pursuant to the laws of the country in which You reside or are located while using the Services;
You do not use virtual private network software or any other privacy or anonymization tools or techniques in order to circumvent any restrictions that apply to the Services, especially those which restrict the geographical availability of the Services.
3. The Services
Users may receive information on cryptocurrency, utility tokens, digital coins/currency, initial coin offerings that do not amount to an offering of securities or security tokens, project information, token swap market values and other related digital currency information, as well as APIs, widgets, plugins, extensions, patches, listings of events, coin purchase and token swap functionalities (as developed and provided by third parties), features for online subscription, registration of interest for any of Our services or events, Our messaging services, update functions, third-party products (including applications, widgets, coins and tokens), and/or any other services and products provided by the Company (the “Services”).
If You swap digital assets through the use of widgets, You agree and acknowledge that You are swapping those digital assets directly from third-party provider. You must follow all applicable instructions given to You when You swap such assets, and You agree to be bound by the third party’s terms of use or service, and their privacy policy. You acknowledge and agree that We don’t provide these services, and have no liability for them. We offer them only as a convenience to You.
You may use the Services for informational purposes only, and You are strongly encouraged to use multiple sources and not to use Our Services as the sole basis for making any decisions (such as, without limitation, purchase, sale, investment or pricing decisions). You must conduct proper due diligence and use Your own judgment when making any such decisions. We do not guarantee the accuracy of any Content, such as pricing data, and We are not responsible for typographical or database errors. All Services (including, without limitation, Content, such as pricing data) are provided “as is” and for information only. We do not buy or sell assets, and any posted prices are not offers to purchase or sell. Our prices are not guarantees of value that can be obtained for any particular item.
Any monetary figures cited in our Content may have been converted from local currency to United States dollars, or from one currency to another, using internet currency conversion sites, and such values may therefore vary or be subject to change depending on the rates provided by different currency conversion sites.
4. Your Wallet
Some of the Services require you to link your non-custodial wallet with the Website ("Wallet") and to hold certain amount of SCAN token. We may provide you with Services that allow You to link and display the contents of Your Wallet. The Website is a purely on-chain non-custodial application, meaning you are solely responsible for the custody of the cryptographic private keys to the digital asset wallets you hold. This Term is not intended to, and does not, create or impose any fiduciary duties on Us. We draw to your attention that the wallet (as MetaMask) is a third party and advise you to read its terms of use.
Some Services offered by Us require payment or otherwise involve the use of an underlying blockchain or other decentralized or permissioned infrastructure (the “Distributed Ledger Technology”), which may require that You pay a fee, such as “gas” charges on the Ethereum network, for the computational resources required to perform a transaction on the particular Distributed Ledger Technology (such payments and fees, the “Charges”). You acknowledge and agree that We have no control over any Distributed Ledger Technology transactions, the method of payment of any Charges, if applicable, or any actual payments of Charges, if applicable. Accordingly, You must ensure that You have a sufficient balance of the applicable Distributed Ledger Technology network tokens stored in Your Wallet address to access specific information on the Website before initiating such access.
You understand and agree that We are not a wallet provider, exchange, broker, financial institution, bank, insurance company, licensed entity, or creditor.
We do not store Your private keys, backup phrases or passwords (the “Private Information”). It is very important that You back up such Private Information. If You lose Your Private Information, then it will not be possible for Us to recover it for You and You may lose access to Your cryptocurrency.
5. SCAN Token
SCAN token ("SCAN") is the native token of Our Website. Some of the Services would be available only by holding a certain amount of SCAN in Your Wallet.
You are aware and understand the uncertain nature of virtual currencies and SCAN are not regulated by any central bank or other government authority, does not have any permit or licenses (not insurance licenses), and does not constitute investment, insurance, securities or financial instrument/product.
6. License
You must only use the Services as expressly permitted by these Terms. All rights not expressly granted to You are reserved by Us, third-party providers, and other respective owners, if any.
We provide content through the Services that is copyrighted and/or trademarked work of Us or Our third-party licensors and suppliers (collectively, the "Content"). For clarity, the Content shall include all such content accessed by You at any time. You acknowledge that the Services have been developed, compiled, prepared, revised, selected and arranged by Us and such third parties through the application of methods and standards of judgment developed and applied through the expenditure of substantial time, effort and money and that the Services constitute Our intellectual property and those of such others. Accordingly, you shall protect Our proprietary rights and all others having rights in the Services during and after the term of these Terms and comply with all written requests made by Us to protect Our and others' contractual, statutory, and common law rights in the Services.
Subject to these Terms, and Your compliance with these Terms, We hereby grant You a limited, personal, non-exclusive, non-sub-licensable and non-transferable license to use the Content and to use these Services, in each case solely for Your personal use. You agree not to use the Services or any of the Content for any commercial purpose. Except for the foregoing license, You have no other rights to the Services or any Content, and You may not modify, edit, copy, distribute, reproduce, publish, display, perform, license, sell, rent, lease, loan, create derivative works of, create any index, reverse engineer, alter, enhance, provide access to or in any way exploit the Services or the Content in any manner.
You (and any entity that You represent) agree to defend, hold harmless and indemnify the Company, its related companies, subsidiaries, affiliates, their respective officers, agents, employees, and suppliers, from and against any third-party claim arising from or in any way related to Your or Your users’/customers’ use of any of Your products, any of Our property (including but not limited to API or the Information), use of the Company's brand, or breach of any provision of these Terms or Our Privacy Policy, including any liability or expense arising from all claims, losses, damages (actual and consequential), suits, judgments, settlement fees, legal fees (on a solicitor-client basis), and expenses incurred in enforcing any term of these Terms against You, of every kind and nature. In such event, We will provide You with written notice of such claim, suit, or action. If You breach any of these Terms, the above license will terminate automatically.
7. General
We reserve the right to limit the scope of use of the Website and Services to Users at Our sole discretion, including in cases where We suspect that they violate these Terms.
Without derogating from the generality of the above, if You breach the Terms, or any other event as We may deem necessary, including, without limitation, (a) maintenance work; (b) inability of Our service providers to provide You with the Services; (c) market disruption; (d) Your inability to conform to Our requirements; (e) pending litigation, investigation, or government proceeding related to You or Your Wallet; and/or (f) in case We perceive a heightened risk of legal or regulatory non-compliance associated with Your Wallet's activity, We may, at Our sole discretion and without liability to You, with or without prior notice:
suspend Your access to all or a portion of Our Services and Website; or
terminate Your access to Our Services and Website, and delete or deactivate Your connection to Our Services with Your Wallet.
8. Disclaimers
The Services, and the content, information and tools therein, are provided for educational, informational, and entertainment purposes only. We are not securities brokers/dealers, crypto asset brokers/dealers, or financial advisers, analysts, or planners. We are neither licensed nor qualified to provide investment advice. The information contained within the Services is not an offer to buy or sell securities, or any other assets. Nothing within the Services or on associated websites takes into account the particular investment objectives, financial situations, or needs of individuals. Therefore, this should not be construed as a personal recommendation.
We cannot and do not represent or guarantee that any of the information available through Our Services is accurate, reliable, current, complete or appropriate for Your needs. Various information available through Our Services may be specially obtained by organizations, such as exchanges, news providers, market data providers and other content providers, who are believed to be sources of reliable information. Nevertheless, due to various factors, including the inherent possibility of human and mechanical error, the accuracy, completeness, timeliness, results obtained from use, and correct sequencing of information available through Our Services and Website are not and cannot be guaranteed by Us.
Decisions to buy, sell, hold or trade in cryptocurrency and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in cryptocurrency or other investments involves a risk of substantial losses. The practice of "day trading" involves particularly high risks and can cause You to lose substantial sums of money. Before undertaking any trading program, You should consult a qualified financial professional. Please consider carefully whether such trading is suitable for You in light of Your financial condition and ability to bear financial risks. Under no circumstances shall We be liable for any loss or damage You or anyone else incurs as a result of any trading or investment activity that You or anyone else engages in based on any information or material You receive through Our Services and/or Website.
If You use the Services to provide any services to any third parties, such as, without limitation, if You are an investment advisor or broker, You are fully responsible for all services and recommendations, and represent and warrant that You are appropriately qualified and certified to do so, possessing all necessary licenses and permits to do so. You will not state or imply to any customer or client any responsibility of Us for any decisions or recommendations. In addition, (a) You (and not We) are solely responsible for all advice, recommendations, or services You provide to Your clients, even if You use Our Services in whole or in part to create such advice; (b) We have no liability whatsoever to Your clients; (c) We are not responsible for any disputes between You and Your clients; and (d) You will not state or imply to Your clients anything contrary to all disclaimers, warranty limitations, and limitations of liability by Us herein or otherwise with respect to the Services. You hereby agree to indemnify, defend, and hold Us harmless from and against any allegation, loss, liability, or claim made against Us by any of Your clients or otherwise arising out of any breach of this section (or any other portion of these Terms) by You or Your agents, or any failure by You or Your agents to follow any applicable laws, rules, and regulations.
9. Prohibited Activities
You undertake to use the Website and the Services in a respectful manner, and You undertake not to:
use the Website for the purpose of uploading, downloading, distributing, publishing or transmitting (a) information or other material in a manner that violates any rights, including intellectual property rights, protection of privacy rights or any other right; (b) information or other material that is prohibited for publication or use because it constitutes threat, harm, insult, slander, defamation, racism or inappropriate content; (c) information or other material that includes a virus or other software that may damage Our computer systems or those of any third parties or in a manner that may restrict or prevent others from using the Website; (d) information or other material that violates any law; or (e) information or other material that includes an advertisement of any kind without Our prior written permission;
delete or modify any attributions, legal notices or other proprietary designations or labels on the Website;
grant any person access to your Wallet except if expressly permitted herein.
use the Services using any interface other than the Website;
interfere with other Users' use of the Website and/or the Services;
engage in “framing,” “mirroring,” or otherwise simulating the appearance or function of the Services;
use bots or other automated methods to access or use the Website and/or the Services;
upload or transmit (or attempt to upload or to transmit), without Our express permission, any material that acts as a passive or active information collection or transmission mechanism, including, without limitation, web bugs, cookies or other similar spyware devices;
violate any applicable laws or regulations, encourage or promote any illegal activity, including, but not limited to, copyright infringement, trademark infringement, defamation, invasion of privacy, identity theft, hacking, cracking or distribution of counterfeit software;
make any changes and/or interfere in any way in the source code of the Website and upload any software and/or application that may harm or cause damage to Us, the Website or any other third party;
disassemble, decompile or otherwise reverse engineer any software or other technology included in the Website or used to provide the Services; or
encourage or induce any other person to engage in any of the activities prohibited under this section.
You acknowledge that without prejudice to any other right of Ours, if We are concerned that Your use of the Website does not comply with the provisions of these Terms or any applicable law, We may track Your use of the Website or the Services, prevent You from accessing the Website, transfer Your behavior patterns on the Website to third parties, and perform any other action that We may deem appropriate to protect Our property and/or rights and/or the rights of third parties.
10. Intellectual Property Rights
The Website and its content, including the video materials, text, photos, logos, any graphical display of data, designs, sound, figures, analysis, statistics, trademarks and any other content embodied in the Website, are protected by Our intellectual property rights or those of third parties.
As between You and Us, We retain all right, title and interest in and to the Website and the Services. The use of the Website and/or the Services does not confer on You any of the intellectual property rights embodied in the Website and/or the Services, other than the right to use the Website and/or the Services in accordance with the terms of these Terms.
You shall not, nor shall You allow any other party to, modify, decompile, disassemble, reverse engineer, copy, transfer, create derivative works from, rent, sub-license, distribute, reproduce framed, republish, scrape, download, display, transmit, post, lease or sell in any form or by any means, in whole or in part, use for any purpose other than for using the Website or the Services pursuant to the Terms or otherwise exploit any of the contents of the Website without Our explicit, prior written permission.
11. Warning
Investments in crypto assets and the return obtained from them may experience significant changes in value, both upwards and downwards, and the entire amount invested may even be lost.
In particular, investments made in projects that are in the initial stages of development or "start-up" always carry a high level of risk, so it is necessary to properly understand their business model.
As an investment object, crypto assets are not covered by customer protection mechanisms. Their prices are constituted in the absence of mechanisms that ensure their correct formation, such as those used in the regulated securities markets.
12. Limitation of Liability
All content on the Website and/or the Services is strictly for informational purposes only. Nothing on or in the Website/or the Services shall constitute or be construed as an offering of any currency, security or any financial instrument or as investment advice or investment recommendations (such as recommendations as to whether to purchase a currency, security or instrument) by the Company or a recommendation as to an investment strategy by the Company. Content on the Website/or the Services should not be considered as information sufficient upon which to base an investment strategy. No content on the Website/or the Services is tailored to the specific needs of any individual, entity or group of individuals. The Company expresses no opinion as to the future or expected value of any currency, security or other interest. The Company does not explicitly or implicitly recommend or suggest any investment strategy of any kind. Content on the Website/or the Services may not be used as a basis for any financial product or other product without the express prior written consent of the Company.
Your use of the Website and/or the Services shall be at Your sole risk. To the fullest extent permitted by law, We disclaim all warranties, explicit or implied, in connection with the Website and the Services and Your use thereof, including implied warranties of merchantability, title, fitness for a particular purpose or non-infringement, usefulness, authority, accuracy, completeness, and timeliness. Accordingly, the Services, including all content and functions made available on or accessed through or sent from the Website, are provided “as is”, “as available” and on a “with all faults" basis.
You are solely responsible for the security of Your wallet. You understand and agree that You are solely responsible for maintaining the security of Your wallet. Any unauthorized access to Your wallet by third parties could result in the loss or theft of any crypto asset, or any funds held in Your Wallet and any associated Wallets. You understand and agree that We have no involvement in, and You will not hold Us responsible for managing and maintaining the security of Your wallet. You further understand and agree that We are not responsible, and You will not hold us accountable, for any unauthorized access to Your wallet. It is Your responsibility to monitor Your wallet.
Without derogating from the generality of the foregoing, We assume no liability or responsibility for any (a) errors, mistakes, or inaccuracies of any content included on the Website; (b) any interruption or cessation of transmission to or from the Website or via the Services; or (c) any bugs, viruses, Trojan horses, or the like that may be transmitted to or through the Website or the Services by any third party.
You agree to hold Us harmless for any losses caused, directly or indirectly, to You and/or to any other third party, with respect to the Website and/or the Services, and You shall bear sole responsibility for any of Your decisions made relying on the content of the Website and/or the Services.
In no event will We be liable to You or any third party for any special, direct, indirect, incidental, punitive, or consequential damages whatsoever, including any lost profits or lost data arising from Your use of the Website and/or the Services or other materials on, accessed through or downloaded from the Website or as part of the Services, whether based on warranty, contract, tort, or any other legal theory, and whether or not We have been advised of the possibility of these damages, and in cases where a judicial authority finds Us liable, Our liability shall not exceed USD 1,000. The foregoing limitation of liability shall apply to the fullest extent permitted by law in the applicable jurisdiction.
We are not responsible for any problems or technical malfunction of any telephone or network lines, computer online systems, servers or providers, hardware, software, failure due to technical problems or traffic congestion on the internet (or inaccessibility of the internet) or incompatibility between the Website or the Services and Your browser and/or other equipment. Without derogating from the above, We do not assume any responsibility or risk for Your use of the internet.
13. Third Party Services or Content
While using the Services, You may view content or services provided by third parties, including advertisements.
We do not control, endorse or adopt such content or services, and they may not always be accurate or current.
Without derogating from the generality of the foregoing, it is emphasized that all content provided by third parties is not provided by the Company or by anyone on its behalf, and We do not control, endorse or adopt any such content.
Accordingly, We recommend that You independently verify all information before relying on it, and any decisions or actions taken based upon such information are Your sole responsibility.
Your use of any third-party scripts, indicators, ideas and other content is at Your sole risk.
14. Links
The Website may contain links, content, advertisements, promotions, logos and other materials to platforms, websites or software that are controlled or offered by third parties (the “Links”). We caution You to ensure that You understand the risks involved in using such websites, software, platforms or materials before retrieving, using, relying upon or purchasing anything via these websites, platforms or software or based on such materials. Such Links are provided solely for Your convenience, and You agree that under no circumstances will You hold Us liable for any loss or damage caused by use of or reliance on any content, goods or services available on other websites, platforms or software.
The inclusion of Links in the Website is not an endorsement, authorization, sponsorship, affiliation or any other connection between Us or those websites, platforms, software or their operators.
15. Miscellaneous
We may, at Our sole discretion, amend, modify, or discontinue, from time to time, any of the Services and/or introduce new Services. We shall not be liable for any loss suffered by You resulting from any such changes made and You shall have no claims against Us in such regard.
We may modify these Terms from time to time. When We do, We will provide notice to You by publishing the most current version and revising the date at the top of this page and any modifications shall be effective immediately upon such publication. By continuing to use the Website after any changes come into effect, You are deemed to agree to the revised Terms.
You agree that transmission of information to or from the Website does not create between You and Us any relationship that deviates from that specified in these Terms.
These Terms and the Privacy Policy, as amended from time to time, constitute the only valid agreements between You and Us, and no representation, promise, consent or undertaking, whether written or oral, that is not included in the Terms or Our Privacy Policy will be binding upon the parties.
These Terms and the relationship between You and Us shall be governed by, and construed and interpreted in accordance with, the laws of Israel, and You irrevocably submit to the exclusive jurisdiction of the competent courts of Tel-Aviv, with respect to any dispute regarding the validity, breach, interpretation, performance or otherwise arising out of or in connection with these Terms and the relationship between You and Us.
No failure or delay on Our part in exercising any right, power or remedy thereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy.
If any provision of these Terms is held by a court of competent jurisdiction to be unenforceable under applicable law, then such provision shall be excluded from these Terms and the remainder of these Terms shall be interpreted as if such provision was so excluded and shall be enforceable in accordance with its terms, provided, however, that in such event these Terms shall be interpreted so as to give effect, to the greatest extent consistent with and permitted by applicable law, to the meaning and intention of the excluded provision as determined by such court of competent jurisdiction.
We may transfer or assign any and all of Our rights and obligations hereunder to any third party. Without derogating from the above, the Website and/or any of the Services may be operated by third parties. You may not transfer, assign or pledge in any manner whatsoever any of Your rights or obligations under these Terms.
Last updated