Crypto-Bridge 0.16 terms and conditions

Terms and conditions of use
for websites and services

1. Definitions

'Account' means the account of a User with BitShares which is created or used when the User registers with CryptoBridge through https://wallet.crypto-bridge.org/ or the local client application.

'BitShares' means the blockchain-based decentralized crypto asset exchange BitShares.

'BCO' means BridgeCoin.

'CB App' means the CryptoBridge software app.

'Company' means Liquidblocks ApS, a company incorporated under the laws of Denmark, with a registered office at Gl. Kongevej 60, 1850 Frederiksberg, Denmark.

'Crypto Assets' means tokens and coins of all flavors, including payment tokens, utility tokens and security tokens.

'CB Wallet' means the wallet installed by the Company during the Deposit process, which is not subject to fees.

'CB Wallet Address' means the Gateway generated 42-digit address linked to the CB Wallet.

'Essential Secondary Obligations' means an obligation, the breach of which endangers the achievement of the contract's purpose, or the fulfilment of which is essential for the proper execution of the contract, and on the observance of which Users could reasonably rely.

'Fiat' means legal tender.

'Force Majeure' means but not limited to events of flood, earthquake, typhoon, epidemic or other natural calamity, war or armed conflict or the serious threat of the same (including but not limited to hostile attack, blockade, embargo, riot or insurrection), governmental order or regulation (including but not limited to prohibition or restriction of importation or exportation or the regulation or allocation of energy resources), labor disputes (including but not limited to strike, slowdown, lockout or sabotage), severe economic dislocation or the bankruptcy or insolvency of manufacturers or suppliers of the Gateway seriously affecting the activities of the Company directly or indirectly, or any other causes beyond the reasonable control of the Company.

'Forum' means the Discord Community for Gateway Users offered by the Company.

'Gateway' means the Company-operated gateway to BitShares.

'IOU' means "I Owe You" and is a token provided by the Company that is redeemable for a Crypto Asset.

'Parties' means the User and the Company party to these Terms of Use.

'Selected Users' means users

who are U.S. nationals, residents or legal entities; or
whose Account is qualified as a U.S. account.
'Services' means the Deposit, Withdrawal of Crypto Assets via the Gateway, use of the Discord Community and the Benefits Programs offered through the Websites and the App.

'Staking Formula' means the formula according to which the Company distributes staking payouts.

'Terms of Use' means these terms and conditions of use for use of websites and services.

'User', 'You', 'Your' means users of the Websites and Services.

'Use Agreement' means the agreement for the use of the Websites that is concluded between you and the Company at first use of the Websites.

'User Identity Verification Process' means the documentation required by the Company and to be provided by Selected Users.

'User Wallet Address' means a crypto wallet address owned by you exclusively that is under your sole and full control.

'Websites' means https://crypto-bridge.org/ and https://wallet.crypto-bridge.org/.

'Weighted Staking Factor' means the bonus weight added to the staking period to encourage Users to choose a longer lockup period.

2. Scope

2.1 Thank you for choosing CryptoBridge. Further information on our company Liquidblocks ApS is available in the Imprint (https://crypto-bridge.org/imprint).

2.2 The following terms and conditions of use for websites and services ('Terms of Use') apply to the websites https://crypto-bridge.org/ and https://wallet.crypto-bridge.org/ (together or individually 'the Website(s)'), the CryptoBridge software app (the 'CB App') and services offered through these Websites and the App (the 'Services'). Please read these Terms of Use carefully to understand which provisions apply to you and how. These Terms of Use are to be read in conjunction with our Privacy Policy, including Cookie Policy, and API Policy.

2.3 The Company may exercise full discretion in modifying or discontinuing any part or whole of the Services specified below subject to these Terms of Use at any time without cause or prior notice.

2.4 Every person is eligible to access the Websites. However, using any of the Services, functions, or features of the Websites is limited to persons of age 18 or above who have full legal capacity. Legal entities have to be represented by a natural person fulfilling these requirements.

3. No Financial Advice

The Company does not provide any investment advice or advice on trading techniques, models, algorithms, or any other schemes.

4. Acceptance of Terms of Use

4.1 By accessing the Websites and/or using any of the Services, functions, or features offered on the Websites, the user (addressed herein as 'you' or 'User'/'Users') agrees to comply with these Terms of Use. These Terms of Use are agreed between you and Liquidblocks ApS (the 'Company', together the 'Parties'). If you do not agree to any of the provisions of these Terms of Use, you are not entitled to access the Websites, use the App, or use any of the Services.

4.2 The Company explicitly objects to conflicting Terms of Use proposed by you.

4.3 These Terms of Use as amended from time to time may be downloaded and printed from here (https://crypto-bridge.org/terms-and-conditions) at any time.

5. Website Use Agreement, User Sign-in

5.1 Visiting the Websites does not require user registration. On our Websites you may inform yourself about all details of the CryptoBridge Gateway (the 'Gateway'), our mission and the Services offered. With the use of the Websites, an agreement for the use of the Websites is concluded between you and the Company ("the Use Agreement"). There is no entitlement to the conclusion of such Use Agreement.

5.2 Services are only open for registered Users. Users need to create an account with BitShares (the 'Account'). The Account may be created via BitShares directly or via our wallet apps (the 'CB App'). The Gateway and the Services may be accessed with such Account. The Gateway does not require an additional account. Notwithstanding Selected Users, the Company only receives Users' BitShares username and IP address. The Company does not have access to data provided during registration at BitShares.

5.3 Both the use and the registration is free of charge for all Users. Any (internet) connection fees are not taken into account.

5.4 After signing in into the Gateway with your BitShares username and password for the first time you are asked to consent to these Terms of Use. The data record consisting of your BitShares username and IP address will be transmitted to the Company.

5.5 Signing-in is only permitted for natural persons or legal entities represented by a natural person. Minors may not sign in to use the Services. Sign-in of a legal entity may only be carried out by a natural person authorized to represent the company.

5.6 The Company collects as little personal data as possible and attaches great importance to its protection. You can find further information on data protection under Privacy Policy (https://crypto-bridge.org/privacy-policy).

5.7 The Company is entitled to block Services through the Gateway at its own discretion and without notice particularly if you have given false information, violate these Terms of Use or demonstrate other abusive behavior. If your Account is blocked, you can contact the Company via our support help-desk to resolve the matter. You will not be able to use the Services during a suspension. If the block is not lifted and your Account is blocked permanently, you will receive a refund of BRIDGE-IOUs already in your possession, but you will not be able to enter into any future deposits or withdrawals via the Gateway.

5.8 Users are liable for all activities in connection with their Account, unless it is proven out of their responsibility. If you become aware that an activity not initiated by you was carried out via your Account, you are obliged to inform the Company immediately via our support help desk. The Company suspends the affected Account from using the Services until the facts of the case are clarified. The Company is only liable for damages from the misuse of your Account that are proven to be due to a failure attributed to the Company.

5.9 The Use Agreement is concluded for an indefinite period. Termination is not necessary. The Use Agreement can however be terminated by you at any time via the support help-desk tool without notice and without giving reasons. Services already rendered by the Company, in particular deposits or withdrawals remain unaffected by a termination of the Use Agreement.

5.10 If you use the Websites, sign-in or register and/or take over a financial situation or provide support services, and this is neither your commercial nor your self-employed professional activity, the following provisions apply to you as a consumer:

No Consumer Revocation Right

5.10.1 Right of Revocation. By accepting the Services, you acknowledge that the Services are "Digital Service" ("Digitalt indhold" in Danish) and the requesting of the Services is conditioned upon you accepting that you forfeit your right of revocation. However, note that you can always terminate your agreement with the Company, cf. Section 5.9 above.

If we fail to expressly get your consent in regard to forfeiting your right of revocation, cf. section 5.1 just above, the following applies:

You can cancel the Use Agreement within 14 days without notice in writing (e.g. letter, fax, e-mail). Revocation period begins after receipt of this instruction in text form, but not before conclusion of the Use Agreement. The timely dispatch of the revocation declaration satisfies the revocation period. The revocation is to be addressed to the Company's postal or e-mail address as listed in the Imprint (https://crypto-bridge.org/imprint).

5.10.2 Consequences of Revocation: Effective revocation obliges the Parties to return the services received and any benefits derived (e.g. interest) shall be surrendered. If you are unable to return or surrender the received services or benefits (e.g. benefits of use) to us, or if you are unable to return or surrender them in full or in part, or only in a defective state, you are obliged to pay us compensation for the value of such services or benefits. You may be required to fulfil the contractual payment obligations for the period up to the revocation nevertheless. Obligations to reimburse payments must be fulfilled within 30 days. That period begins for you with the dispatch of the declaration of revocation, for us with its receipt.

5.10.3 Additional Notes: Your right of revocation expires prematurely if, at your express request, the agreement is fulfilled completely by both Parties before you have exercised your right of revocation. In any case you all rights of revocation expire 1 year after entering into this agreement.

6. Deposit and Withdrawal Services

6.1 The Company operates a gateway (the 'Gateway') called CryptoBridge that functions as a technical service provider in the exchange of Crypto Assets built according to various technical standards on the blockchain-based decentralized crypto asset exchange BitShares ('BitShares') via IOUs.

6.2 The Gateway is not part of BitShares in any organizational or functional way. The Gateway does not allow for exclusive access to BitShares. Users may access BitShares via other gateways or if they already possess BitShares compatible Crypto Assets by downloading the BitShares wallet.

6.3 The Gateway does not accept Fiat currencies. None of the Services offered through the Websites includes payments in Fiat currencies, by neither the Company nor Users.

6.4 The validity of all Crypto Asset transfers is contingent upon the confirmation process on the blockchain. As such, deposits and withdrawals are pending during the confirmation process and only complete once confirmation on the blockchain is completed.

6.5 Personal wallet address for execution. To use depositing or withdrawal services you guarantee to use and provide the Gateway with the crypto wallet address owned by you exclusively and is under your sole and full control (the 'User Wallet Address').

6.6 The Company reserves the right to at any time and in their sole discretion discontinue the Services for certain listed Crypto Assets (i) in case the Company suspects a security risk, or (ii) Crypto Assets become inactive. The Company will announce the discontinuation of Services on their Twitter account and on the Forum. Following such announcement, depositing such Crypto Assets will seize immediately, but Users will have two weeks to withdraw such Crypto Assets. Requests for withdrawal will not be processed after such two-week period has lapsed. Losses due to disregard of such two-week period will not be reimbursed.

6.7 Deposit

6.7.1 Users need to create an Account with CryptoBridge (https://wallet.crypto-bridge.org/) or BitShares to use the Company's Services. Users are liable for safe-keeping of their passwords. The loss of passwords results in the irretrievable loss of any token or coin (together 'Crypto Assets') in the Account.

6.7.2 Once a use request is submitted to the Gateway, the Company installs a wallet for the new User, which is not subject to fees (the 'CB Wallet'). The Gateway then generates an address (the 'CB Wallet Address') that is transmitted to the User as the address of the wallet into which to deposit their Crypto Assets. Liability for the validity of the CB Wallet Address lies with the Company.

6.7.3 Users should only initiate deposits of Crypto Assets to the CB Wallet Address when such CB Wallet Address active and compatible with the respective Crypto Asset and/or take into account any other notices in the CB Wallet relevant to the deposit. The Company is not liable for the loss of Crypto Assets due to the violation of such obligations or loss of Crypto Assets before arrival in the CB Wallet.

6.7.4 Users may only use the CB Wallet for the Services offered by the Company. The Company reserves the right to charge fees for all other foreign activity conducted via the CB Wallet, including the illegal performance of mining activities (see Section 7 of these Terms of Use).

6.7.5 Except for maintenance work, Force Majeur or other disturbances, the wallet addresses are checked regularly. Once Crypto Assets are received with enough confirmations, the Users will be provided with the respective amount of IOUs, which are transferred into their BitShares Accounts.

6.7.6 The ratio between IOU and Crypto Asset is 1:1. The ratio remains stable and is not subject to exchange rate fluctuations.

6.7.7 The Company reserves the right to refuse to process, cancel or reverse, any transaction in their sole discretion in accordance with applicable law and these Terms of Use, even after Crypto Assets have been deposited with the Gateway.

6.8 Trading

Users who wish to initiate trades by using IOUs or BitShares-compatible crypto assets are to acknowledge that neither the Company (or any person or legal entity affiliated with the Company) nor its Gateway are involved in the trading process, have any control over it and may not influence it in any way. BitShares is solely responsible for the exchange process. The Company is not liable for any losses that Users may suffer due to exchange activity on for example BitShares or any other exchange of Crypto Assets.

6.9 Withdrawal

6.9.1 Any User holding BRIDGE-IOUs, either the depositor or the counterparty of the IOU trade on BitShares, may ask to withdraw Crypto Assets in return for the respective number of BRIDGE-IOUs.

6.9.2 The Gateway first requests the User to provide their personal wallet address to which the Crypto Assets shall be transferred (the 'User Wallet Address').

6.9.3 The User sends the respective BRIDGE-IOUs to a wallet address provided by the Gateway as proof of claim to the Crypto Assets. The Company is not liable for loss of BRIDGE-IOUs before arrival in such wallet. The Gateway burns these BRIDGE-IOUs.

6.9.4 The Gateway transfers the Crypto Assets to the User Wallet Address. Users acknowledge that any delivery of Crypto Assets may not be instantaneous. The Company is not liable for loss of Crypto Assets due to the submission of an invalid User Wallet Address and forked blockchains. There will be no compensation for lost Crypto Assets.

6.9.5 Each BRIDGE-IOU represents a claim to transfer a certain kind of Crypto Asset in the form of an indeterminate obligation.

6.9.6 The Company reserves the right to refuse to process, or to cancel or reverse, any transaction in their sole discretion in accordance with applicable law and these Terms of Use.

7. Fees

7.1 There are no additional fees for Users. Neither deposit nor withdrawal at the Gateway incur any fees. The Company is not responsible for possible fees that incur on the BitShares exchange.

7.2 The Company reserves the right to charge fees for mining fees that incur from illegal use of the CB Wallet for mining activities.

7.3 Information about the respective fees are also publicly available in the CB Wallet.

8. Refund and Cancellation Policy for Deposits and Withdrawals

8.1 The company may cancel the deposit or withdrawal process at any time. Reasons for cancellation include, but are not limited to, technical error, failing to meet volume requirements on https://crypto-bridge.org/coin-add, market abuse, manipulation, failure to pass KYC process where applicable, prohibited activities under Section 11 of these Terms of Use, and failure to pay fees where applicable.

8.2 Users are entitled to refunds. Refunds may not be granted where the User is solely responsible for the cancellation or Crypto Assets are linked to criminal activity. The Company may deduct all fees and charges due from any refund.

8.3 In case the Company transfers to you any excess Crypto Assets that you are not entitled to, you agree to inform us and transfer back that excess amount without undue delay.

User Identity Verification Process

9.1 All Users agree not to disguise or hide in any way their IP location and to disclose their precise and true location to the Company. All Users agree to voluntarily disclose changes in such location.

9.2 All Users accessing our Websites from IP addresses within the United States of America or listing the United States of America as place of residence (the 'Selected Users') or nationality are subject to a user identity verification process (the 'User Identity Verification Process').

9.3 Selected Users agree to share personal information requested by the Company in the User Identity Verification Process. Information is used specifically to detect money laundering, terrorist financing, fraud and financial crime conducted through the Gateway. Selected Users agree to us keeping their information on record for the duration of their Account with the Company plus an additional five years.

9.4 Identity Verification may include, but is not limited to name, place and date of birth, nationality, e-mail address, postal address and place of residency, type and number of government-issued identification document. In providing this information, you confirm the correctness of such information. In case of reasonable doubt regarding the correctness of such information, the Company will request further information or proof. Should you fail to provide the latter, the Company retains the right to discontinue its Services to you.

9.5 Users acknowledge that they are under the obligation to timely update all information provided should there be changes.

10. Benefit Programs for BCO-Holders

10.1 Staking Program

10.1.1 The Company offers a staking option for BridgeCoins (the 'BCO'). At the Company's discretion, holders of BCO partake in the market fees incurring on BitShares for trades with BRIDGE-IOUs.

10.1.2 BCO-Holders have to lock their BCO to partake in the program. On the Website https://wallet.crypto-bridge.org/ BCO-Holders may select "Account" from the menu, then click on "BridgeCoin Staking" Users then may specify amount and staking duration and then submit by clicking "Create A New BCO Staking Position". You are aware that staking will lock your BCO until the end of the staking period. You will not be able to withdraw or sell you BCO until the staking period has lapsed and stacking is completed.

10.1.3 The Company distributes staking payouts, which are proportional to the size and length of the staking period according to the following formula (the 'Staking Formula'):

Personal stake size / Total staked coins * 50% of market taker fees collected = Your payout

10.1.4 To encourage Users to choose a longer lockup period, a bonus weight is added to longer periods (the 'Weighted Staking Factor'):

1 Month = 0% Bonus

3 Months = 20% Bonus

6 Months = 50% Bonus

12 Months = 100% Bonus

10.1.5 Payouts occur twice per month. Benefits are paid out in Crypto Assets. Payments reflect all Crypto Assets that were traded on BitShares using BRIDGE-IOUs over the past month. The Company, in its sole discretion, may alter the type of Crypto Assets paid out to Users.

10.1.6 The Company reserves the right to adapt the Staking Program due to economic necessity, changes in the BitShares business model or other factors directly affecting the Staking Program's design. Notably, the Company may adapt the Staking Formula, the Weighted Staking Factor and the period and composition of payouts. Please note that the Company does not guarantee a specific participation in the BitShares market fees, notably the Company does not guarantee fixed amounts, percentages, regularity or the kind of participation.

10.2 Market Maker Program

10.2.1 The Market Maker Program is only open to BCO-Holders with a minimum staking balance of 10 BCO and a minimum payment of 0.003 BTC in BitShares trading fees per month.

10.2.2 The Market Maker Program only applies to so-called trading pairs linked to the Gateway i.e. that include a BRIDGE-IOU, not to all BitShares markets.

10.2.3 Payout: each limit order filled will be reimbursed the 0.25% BitShares trading fee as well as 0.05% from the BitShares taker fee.

10.2.4 The Company reserves the right to adapt the Market Maker Program due to economic necessity, changes in the Company's business model or other factors directly affecting the Market Maker Program's design. Notably, the Company may adapt eligibility according to 10.2.1 and payouts according to 10.2.3.

11. Account Suspension, Prohibition of Use

11.1 If the Company finds, in their sole discretion, that your user activity is suspicious or does fulfill any of the below-prohibited uses or fulfills other reasons for suspension, the Company may suspend temporarily or indefinitely your access to the Gateway and all Services and Programs offered by the Company without prior notice. This includes blocking deposits and withdrawals on the Gateway. The same applies when such action is ordered by a competent court or other Danish authority.

11.2 Prohibited Uses: You may not:

11.2.1 Use the Company's Websites and Services to disguise the origin or nature of illicit proceeds of, to further any breach of applicable laws, or to transact or deal in any illicit Crypto Assets, funds, proceeds, Fiat currencies, property or other assets;

11.2.2 Use the Company's Websites and Services if your interaction with the Company exposes the Company to liability under, inter alia, anti-money laundering, terrorist financing, anti-corruption, economic sanctions laws as well as Danish criminal law and international criminal law;

11.2.3 Use the Company's Websites and Services to evade taxes under the laws of Denmark or any other jurisdictions applicable to our Websites and Services;

11.2.4 Use the Services with Crypto Assets that do not belong to you and/or which you have not obtained legally;

11.2.5 Take advantage of a technical glitch, malfunction, failure, delay, default, security breach;

11.2.6 Falsify an account, Crypto Assets, wallet addresses, notably to take over another identity;

11.2.7 Perform mining activities under your wallet address that continuously negatively affect the functioning of the Gateway.

11.3 Other reasons for suspension:

11.3.1 User violates any provision of these Terms of Use or the Company determines the risk of violation of these Terms of Use by the User;

11.3.2 User provided false information;

11.3.3 User succeeded or attempted to use the Company's Services for such purpose or in such way as would cause damage to the Company, third parties or other Users or the Company determines such based on credible information, notably by law enforcement agencies;

11.3.4 User interferes with the Gateway operations in any way;

11.3.5 Company is requested to suspend access by public entity, notably, law enforcement authorities;

11.3.6 User dies, becomes incompetent, or goes bankrupt;

11.3.7 Company determines that continued business relationship with the User would be unsustainable.

11.4 The Company reserves the right to hold you liable for losses incurred at the Company or a third party due to non-compliance with the above-prohibited uses.

11.5 The Company reserves the right to inform relevant agencies of any criminal activity or payment fraud (including credit reference agencies in your jurisdiction).

11.6 The Company is not liable for any damages incurred at the User because of any action taken by the Company in accordance with this Section.

11.7 If, at the time of indefinite suspension, the User still has an open position with the Gateway, the User has three months to claim back Crypto Assets. All Crypto Assets not claimed back are non-refundable.

12. Discord Community, Obligations of Users

12.1 The Company offers a Discord Community for Gateway Users (the 'Forum') on https://discordapp.com/invite/9mmg9MT. Users have to create an account with Discord to make use of the Forum.

12.2 The Company only uses the services of Discord to set up the Forum. The guidelines of Discord apply and may be found here: https://discordapp.com/guidelines.

12.3 Users may publish information, data and other contents related to the Gateway on the Forum. The Company also shares contents via the Forum.

12.4 You may not use the contact data of other users of the Forum who have come to your knowledge for any other purpose than personal communication with the User.

12.5 You agree not to pass on your access data (username and password) and to store them in such a way that they are not accessible to third parties.

12.6 When using the Forum, you commit yourself to comply with the applicable law; in particular, you commit yourself not to disseminate any infringing, notably insulting, racist, sexist, pornographic, dishonorable or fair trading content via the Forum.

12.7 You are liable for all activities attributable to you that are carried out under your Discord Community user account. If you become aware that an activity not initiated by you was carried out via your Discord Community user account, you are obliged to inform us immediately via our support help desk system. The Company will then block the affected Discord Community user account until the facts of the case have been clarified. The Company is liable for the misuse of your Discord Community user account only for damages that can be proven to be due to the fault of the Company.

12.8 The Company is only able to check the data provided during registration to a limited extent. The Company can therefore not exclude the possibility that a user deliberately provided false or incorrect information during sign-in or registration. If you contact another user, you must therefore convince yourself of the identity of your communication partner.

12.9 You indemnify the Company from all claims of third parties, which they assert against the Company due to contents, violations of these Terms of Use or other behavior you are responsible for. The release from liability also includes attorney's fees and court costs.

12.10 You grant the Company the following non-exclusive rights of use for any content (such as texts, pictures, videos) posted by you on the Forum for an unlimited period of time:

12.10.1 The right to store the textual contribution / written work and/or photos (photographs) and/or videos (moving images) in a database or HTML pages or files with other formats suitable for representation on the Internet.

12.10.2 The right to make the textual contribution, the written work and/or photos (photographic works) and/or videos (moving images) wholly or partially accessible and to reproduce.

12.10.3 The right to use the textual contribution, the written work and/or photos (photographs) and/or videos (motion pictures) in other media, such as radio and television, on CD-ROM, in print products and in all currently known types of use.

12.10.4 The granting of rights includes all types of offers for websites, in particular the free Internet, paid Internet offers, other online services, offline providers and internal networks. In particular, the granting of rights is not limited to use on the Internet.

12.11 You grant the rights listed under 12.10 free of charge.

12.12 Granting rights of use also includes such rights necessary to achieve the purpose of this Use Agreement and only arise in the future based on new legislation or for other reasons.

12.13 You assure and vouch for the fact that you are the legal owner of the rights of use to the posted contents (texts, photos, videos) and that you can freely dispose of them in the form required for the offer of the Company. You guarantee that the contents licensed by you are free of rights of third parties.

12.14 Notably, you undertake not to transmit any data/content with content infringing the rights of third parties (such as personal rights, name rights, trademark rights, copyrights and ancillary copyrights) or violates existing law.

12.15 Termination of your Discord Community account by you does not give raise to claims against the Company to the surrender or transfer contents provided by you. The Company retains the services of Discord Community for their Forum. Contents are in possession of Discord Community.

12.16 Enquiries, bookings and offers as well as the publication of any content may only be made by the registered User. The access data, in particular the password, must be kept secret and protected from access by third parties. We will not ask you for your password at any time.

12.17 Users are liable for all activities in connection with their Discord Community account, unless it is proven out of their responsibility. If you become aware that an activity not initiated by you was carried out via your Discord Community user account, you are obliged to inform the Company immediately via info@crypto-bridge.org. The Company suspends the affected Discord Community user account from using the Services until the facts of the case are clarified. The Company is only liable for damages from the misuse of your Discord Community user account that are proven to be due to a failure attributed to the Company.

12.18 The Company only has limited options to verify the data provided at the time of sign-in/registration. The Company can therefore not exclude that a user deliberately provides false or incorrect information. If you contact another user on CB Discord Community, you must therefore convince yourself of the identity of your communication partner.

13. Liability and Liability Limitations

13.1 The Company accepts liability for intent and gross negligence. The liability of the Company is limited to contract-typical damages foreseeable at conclusion of the contract in case of mildly negligent breach of a main obligation or a secondary obligation, the breach of which endangers the achievement of the contract's purpose, or the fulfilment of which is essential for the proper execution of the contract, and on the observance of which Users could reasonably rely ("Essential Secondary Obligation").

13.2 Towards other corporations, the Company is only liable for intent or gross negligence on our part, by our lawful representatives, executive employees or other vicarious agents, except in the case of breaches of material contractual obligations. In the event of a breach of material contractual obligations, the Company shall be liable for any culpable act of its lawful representatives, officers or other employees.

13.3 The Company is not liable for the mildly negligent violation of secondary obligations that are not Essential Secondary Obligations.

13.4 With the exception of tort claims, Users' claims for damages with limited liability shall become statute-barred one year after the beginning of the statutory limitation period. As far as the liability of the Company is excluded or limited, the statute of limitations also applies to the personal liability of its employees, other staff and vicarious agents.

13.5 The Company is not responsible for the contents of any linked site or any link contained in a linked site from its site to a third party website. The responsibility for contents on such third party sites on the Internet is exclusively subject to their respective operators. The contents and/or operators may also change after link setting, without the Company's knowledge or influence. The Company does not assume any obligation to check the contents of third party websites for their legal accuracy. By linking these sites, the Company merely provides access to these websites. The Company does not assume any responsibility for third-party websites' contents. The Company also does not adopt the contents of third-party websites as their own. Please let us know if you become aware of a possible infringement through a link set by us or through content published by Company members. Please use one of the contact possibilities given in the imprint (g href="https://crypto-bridge.org/imprint" target="_blank">https://crypto-bridge.org/imprint). As we are not in a position to gain knowledge of possible violations of the law committed by users of the Websites on third-party websites, we reject any liability and compensation of legal prosecution costs.

13.6 The Company takes all necessary and prudent precautions to safeguard Crypto Assets from hacking.

13.7. You indemnify the Company from all claims of third parties against the Company due to contents, violation of these Terms of Use or other acts. Such release from liability also includes attorney's fees and court costs.

13.8 Force Majeure: The Company is not liable for any damages due to Force Majeure.

13.9 The Company takes all necessary and prudent efforts to provide Users with high-level Services, including applying the necessary diligence in retaining third-party services. The Company accepts no liability for interferences with the normal service level that are not under the control of the Company. It will inform Users on the Website or the Forum if the service level is interrupted for more than 24 hours.

14. Representations and Warranties of Users

The User warrants the following:

14.1 Not to use, store, reproduce, display, modify, sell, publish, transmit and distribute, or commercially exploit the Services without prior written permission of the Company.

14.2 To adhere to all rights to proprietary information (including, but not limited to, all intellectual property rights such as; patents, trade marks, service marks, copyrights, database rights, topography rights, industrial design, know-how, trade secrets, trade names, logos, designs, symbols, emblems, insignia, slogans, drawings, plans and other identifying materials, in all forms whether or not registered or capable of registration and any other rights relating to intellectual property in accordance with the applicable laws,) of the Company and subsisting in or relating to the Services.

14.3 Not to use the Services for any unlawful or unauthorized purpose.

14.4 That the User has the required skill and judgment to make use of the Services, and all time will exercise its best judgement in the use of the Services

14.5 That the User alone is to be made responsible for all statements made and acts or omissions that occur while the Users registration, identification name and/or passwords are being used.

14.6 The User accepts that it is the sole responsibility of the User to protect and secure your user name and password from unauthorized use and disclosure.

15. Law Enforcement Requests Policy

The Company receives information requests about its customers from law enforcement agencies worldwide. Law enforcement is generally interested in data regarding (i) Users' identities and (ii) information on Users' activities regarding the Company's Services. The Company requires that information requests follow the appropriate legal process, including production orders, search warrants, and subpoenas, but also requests for voluntary disclosure of data. The Company will review each order and request for voluntary disclosure to determine its legal validity and disclosure will only relate to data law enforcement is entitled to. The Company also reserves the right to make disclosures to authorities in order to protect itself, any associates, and Users. Please contact the Company at legal@crypto-bridge.org for requests and inquiries.

16. Intellectual Property

16.1 The contents offered by the Company are protected by copyright. Their use is subject to applicable law. The Company Websites and contents may not be changed, copied, republished, transferred, processed or stored without the consent of the Company. The contents may only be used for private, non-commercial purposes under strict consideration of copyrights and ancillary copyrights.

16.2 The company owns the brand names relating to the Websites and any other trademarks used by the Company.

16.3 By using the Website and/or the Services you do not obtain any rights in the trademarks or Website content.

17. General Risks

17.1 Hacking: There is always a risk of hacking that even a high level of diligence cannot completely exclude. Hacking may affect the functioning of the Gateway, the stock of Crypto Assets and the timeliness of Services provided by the Gateway.

17.2 Technical Infrastructure: The Company retains external telecommunication and other infrastructure providers that are selected with great diligence based on state of the art technical capabilities. Malfunctions, failures and breakdowns of such external systems may affect the Services of the Gateway.

18. Taxes

The Company has not audited the tax treatment of any of the services offered on their Websites for Users. Using any of the Company services may have tax consequences, in particular information obligations and taxation. It is the sole responsibility of the User to obtain the necessary qualified tax advice, to report, pay and remit the correct taxes, if applicable, to the appropriate tax authorities in the relevant jurisdictions.

19. Modification of Websites, Unavailability of Services, System Integrity

19.1 The Company may at any time change, suspend or delete any aspect of the Websites, including all current and future site features, databases and content, for any legal, business or technical reason. The Company may also restrict the use of certain features, services or access to the Websites or portions thereof without notice or liability of any kind.

19.2 Access to the Websites may be interrupted temporarily and/or unexpectedly due to technical problems on the part of the Company, the Company's service provider, other third parties or the Internet as a whole. The Company will take reasonable measures to remedy the interruption, if this is within the Company's control. However, the Company expressly makes you aware that no uninterrupted access to the site or its functions can be guaranteed. The Company cannot be held liable based on such Website interruptions, whether caused by the Company, the Company's service provider, other third parties or the Internet as a whole or force majeure. You understand that such events may cause delays in executing or processing listings, deposits or withdrawals and are aware that you have to take precautions accordingly.

19.3 You are obliged to set up your system and programs in connection with the use of Services on the Websites in such a way that neither the security, nor the integrity, nor the availability of the Company's systems are impaired. You may not block, overwrite or modify any foreign content or interfere in any other way with the Company's Services. The Company is entitled to set up necessary measures (e.g. access blocks) which are necessary to ensure the system integrity of the Company's or third party systems.

20. Miscellaneous

20.1 The English language version of these Terms of Use is authoritative. The English language version of this agreement shall prevail over any translation.

20.2 The Company reserves the right to change or extend services, especially content and structure of the Websites as well as the corresponding user interfaces.

20.3 The Company strives to continuously improve and extend their Services. Thus, the Company reserves the right to adapt these Terms of Use accordingly. The updated version of the Terms of Use as published on the Websites and made known to you via the CB Wallet will automatically become part of this agreement if you do not object to the changes within four weeks.

20.4 The Company is entitled to transfer rights and obligations from this contractual relationship in whole or in part to third parties.

20.5 For all disputes arising from the contractual relationship between you and the Company, you agree that the laws of the Kingdom of Denmark shall apply exclusively to the exclusion of the United Nations Convention on Contracts for the International Sale of Goods.

20.6 Forum selection clause. Any suit, claim, or other action to enforce the terms of this agreement shall be brought exclusively in Copenhagen, Denmark.

20.7 Should any of the provisions of these Terms of Use be or become invalid or unenforceable in whole or in part, the validity or the enforceability of the remaining provisions shall not in any way be affected or impaired thereby. The invalid or unenforceable provision shall be replaced by a provision that, to the extent legally possible, provides for an interpretation in keeping with the meaning and the economic purposes of these Terms of Use. If these Terms of Use prove to be incomplete, a supplementary interpretation in accordance with the meaning and the purposes under due considerations of the legitimate interest of the Parties shall be applied.

20.8 The Company hereby informs you that business-related and business necessary data will be collected, stored and processed within the scope of the databeskyttelsesloven. For further information on data protection please refer to the Privacy Policy (https://crypto-bridge.org/privacy-policy).