By accessing or using ChipaX (the "Platform"), operated by Chipa Trade ("we," "us," or "our"), you agree to be bound by these Terms of Service ("Terms") and our Privacy Policy. If you do not agree to these Terms, do not use the Platform.
These Terms constitute a legally binding agreement between you and Chipa Trade. We reserve the right to update these Terms at any time. Continued use of the Platform after any changes constitutes your acceptance of the new Terms.
2. Eligibility
You must be at least 18 years of age to use the Platform. By using ChipaX, you represent and warrant that:
• You are at least 18 years old;
• You have the legal capacity to enter into these Terms;
• You are not located in, or a citizen or resident of, any jurisdiction where use of the Platform would be illegal or otherwise violate applicable law (including but not limited to the United States, Canada, the United Kingdom, sanctioned territories, or any jurisdiction that prohibits crypto derivatives trading);
• You are not a politically exposed person (PEP) or subject to any sanctions;
• Your use of the Platform does not violate any laws or regulations applicable to you.
We reserve the right to restrict access to the Platform in any jurisdiction at any time without notice.
3. Account Registration & Security
To access certain features of the Platform, you must register for an account. You agree to:
• Provide accurate, current, and complete information during registration;
• Maintain and promptly update your account information;
• Keep your login credentials confidential and not share them with any third party;
• Notify us immediately of any unauthorized access to your account;
• Be solely responsible for all activity occurring under your account.
We are not liable for any loss or damage arising from your failure to safeguard your account credentials. We may suspend or terminate your account at our discretion if we suspect fraudulent, abusive, or illegal activity.
4. Trading & Financial Risk
Trading cryptocurrencies and perpetual contracts carries significant risk. By using the Platform, you acknowledge:
• Crypto assets are highly volatile and speculative. You may lose some or all of your funds.
• Leveraged trading amplifies both potential gains and potential losses. Positions may be liquidated automatically if margin requirements are not met.
• Past performance of any asset is not indicative of future results.
• ChipaX does not provide financial, investment, legal, or tax advice. Nothing on the Platform constitutes a recommendation to buy, sell, or hold any asset.
• You are solely responsible for your trading decisions.
• You understand and accept the risk of complete loss of your deposited funds.
You should only trade with funds you can afford to lose entirely.
5. Fees
ChipaX charges fees for certain transactions, including but not limited to trading fees, withdrawal fees, and funding rates for perpetual contracts. Current fee schedules are published on the Platform and may be updated from time to time.
You are responsible for all taxes arising from your use of the Platform. ChipaX is not responsible for determining, withholding, or remitting any taxes applicable to your trading activity.
6. Prohibited Activities
You agree not to:
• Use the Platform for any unlawful purpose or in violation of any regulations;
• Engage in market manipulation, wash trading, spoofing, layering, or any other deceptive practices;
• Use automated bots or scripts without prior written approval;
• Attempt to gain unauthorized access to any part of the Platform or its systems;
• Reverse-engineer, decompile, or disassemble any part of the Platform;
• Use the Platform to launder money or finance terrorism;
• Impersonate any person or entity;
• Interfere with or disrupt the integrity or performance of the Platform;
• Create multiple accounts for abusive purposes.
Violation of these prohibitions may result in immediate account suspension, fund freezing, and/or referral to law enforcement.
7. Deposits & Withdrawals
Deposits to ChipaX are processed via USDC on supported blockchain networks. By depositing funds, you confirm that the funds originate from a legitimate source and are not the proceeds of criminal activity.
Withdrawals are subject to security checks and may be delayed or withheld if we detect suspicious activity, if required by law, or pending identity verification. We reserve the right to require additional identity verification (KYC/AML) at any time.
Minimum deposit and withdrawal amounts, as well as network fees, are published on the Platform. We are not responsible for funds lost due to incorrect wallet addresses provided by you.
8. Intellectual Property
The Platform and all of its content, features, and functionality—including but not limited to text, graphics, logos, software, and data—are owned by Chipa Trade or its licensors and are protected by intellectual property laws.
You are granted a limited, non-exclusive, non-transferable, revocable license to access and use the Platform for personal, non-commercial purposes. You may not copy, modify, distribute, sell, or lease any part of the Platform or its content without our prior written consent.
9. Disclaimers
THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. CHIPA TRADE EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
We do not warrant that the Platform will be uninterrupted, error-free, or secure. We are not responsible for any losses resulting from technical failures, price feed errors, system outages, or delays. Market data and prices displayed on the Platform may not reflect real-time conditions.
10. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, CHIPA TRADE SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, LOSS OF DATA, OR LOSS OF FUNDS, ARISING FROM YOUR USE OF THE PLATFORM.
OUR TOTAL LIABILITY TO YOU FOR ANY CLAIM ARISING FROM THESE TERMS OR YOUR USE OF THE PLATFORM SHALL NOT EXCEED THE FEES YOU PAID TO US IN THE THREE (3) MONTHS PRECEDING THE CLAIM.
11. Indemnification
You agree to indemnify, defend, and hold harmless Chipa Trade, its affiliates, officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, costs, or expenses (including reasonable legal fees) arising from your use of the Platform, your violation of these Terms, or your violation of any applicable law or third-party rights.
12. Termination
We may suspend or terminate your access to the Platform at any time, with or without cause or notice. Upon termination, your right to use the Platform ceases immediately. Provisions that by their nature should survive termination (including Sections 8–13) will survive.
You may close your account at any time by contacting us. Any outstanding positions must be closed and funds withdrawn before account closure.
13. Governing Law & Dispute Resolution
These Terms are governed by and construed in accordance with the laws of the jurisdiction in which Chipa Trade is registered, without regard to its conflict of law provisions.
Any dispute arising from or relating to these Terms shall first be attempted to be resolved through good-faith negotiation. If unresolved within 30 days, disputes shall be submitted to binding arbitration under the rules of a recognized arbitration body, conducted in English.
You waive any right to bring a class action lawsuit or class-wide arbitration against ChipaX.
14. Contact
If you have any questions about these Terms, please contact us at:
Email: contact@chipatrade.com
Website: https://chipatrade.com/support