Terms and Conditions

octaexchange.in (further referred to as the 'Site'). These terms and conditions of service (referred to as 'Terms of Service') apply to all users of the Site. You should read these Terms of Service carefully and determine if they apply to you. By using any of the features, services, or functions existing on the Site (together or separately referred as, the 'Services'), the customer (further referred to as 'you' or 'your') must agree to these Terms of Service.

1. Definitions

1.1. "Associates" means Octa Exchange and all of its respective directors, subsidiaries, employees, contractors, shareholders, agents, officers, attorneys, affiliates, insurers, and partners;

1.2. 'Person' includes an individual, trust, association, corporation, other body corporate, partnership, and any other form of legal organization or entity;

1.3. 'Prohibited Use' means what is set out in paragraph 18 of these Terms of Service;

1.4. 'Service' means any of the features, services, functions offered on the Site;

1.5. "Site" means the Internet website octaexchange.in;

1.6. "Terms of Service" means these terms and conditions of service, and they might be amended, changed or updated at any time;

1.7. "your" or "you" means the customer.

1.8. The headings and subheadings in these Terms of Service are for easier reference only and are not to be considered in the construction or interpretation of any provision or provisions to which they refer.

1.9. Unless otherwise specified in these Terms of Service, words meaning the singular include the plural and vice versa and words meaning gender include all genders.

2. Scope Of Terms Of Service

2.1. These Terms of Service acts as an agreement and constitutes to the use of any or all of the Services, and any manner of accessing them, between you and Octa Exchange (referred to herein as "Octa Exchange").

3. Usage And Changes Of Terms And Conditions

3.1. Any and all terms, limitations, conditions, licenses, and obligations contained in and on the Site are incorporated into these Terms of Service by reference, including, without limiting the generality of the foregoing, the following Site policies and pages: the Privacy Policy; the Risk Disclosure Statement and any other documents that might be announced in the Site. In particular, please take note that all of the transactions of Digital Currencies and other Digital Goods on or off the Site may be subject to fees levied by Octa Exchange from time to time. In the event of any inconsistency between these Terms of Service and any other pages or policies on the Site, these Terms of Service shall be considered correct.

3.2. By creating an account on the Site or by using any of the Services or any associated websites, APIs, or mobile applications[a], you acknowledge that you have read, understood, and completely agreed to these Terms of Service in effect. If you disagree with these Terms of Service or with any subsequent amendments, changes, or updates, you may not use any of the Services; your only recourse in the case of disagreement is to stop using all of the Services.

3.3. Some of the Services may not work properly from time to time. Octa Exchange may not be held responsible regarding any damages you may have because of any failures of the Site or Services.

3.4. These Terms of Service may be amended, changed, or updated by Octa Exchange at any time and without prior notice to you. You should check back regularly and confirm that your copy and understanding of these Terms of Service is current and correct. Your non-termination or continued use of any Services after the effective date of any amendments, changes, or updates constitutes your acceptance of these Terms of Service, as modified by such amendments, changes, or updates.

3.5. The use of the Site and any Services is void where prohibited by applicable law whether local or international.

4. General Use

4.1. Basic Services - Octa Exchange’s currency trading platform will allow Octa Exchange’s clients to safely buy and sell digital assets such as Digital Currencies and Digital Tokens. You will be able to deposit and withdraw funds to and from your account using Crypto Currencies. The risk of loss in trading or holding Digital Currency can be substantial. You should therefore carefully consider whether trading or holding Digital Currency is suitable for you considering your financial condition.

5. Creating Your Account

5.1. In order to use any of the Services, you must first register by doing the following actions:

5.1.1. Click on the Sign up icon and enter your email address then click REGISTER AN ACCOUNT icon;

5.1.2. You will receive a confirmation email with your log in password which changes every time you log in.

5.2. Octa Exchange may, in its sole discretion, refuse to allow you to establish an account, or limit the number of accounts that a single user may establish and maintain at any time.

6. Depositing Your Funds

6.1. After you create your personal account, you will need to fund it by doing the following steps:

6.1.1. Click ‘Balances, Withdrawals & Deposits' under your current balance.

6.1.2. After you have deposited your funds into your Octa Exchange account, you will be able to begin trading in Crypto Currencies.

6.2. Services are available only in connection with those Digital Currencies that Octa Exchange, in its sole discretion, decides to support. The Digital Currencies that Octa Exchange supports may change from time to time. Octa Exchange may delist a Digital Currency at any time in its sole discretion based on a number of factors, one of which may include changes in a given Digital Currencie’s characteristics after Octa Exchange has listed the Digital Currency. Under no circumstances should you attempt to use Services to store, send, request, or receive Digital Currencies in any form that are not supported by Octa Exchange. Octa Exchange assumes no responsibility or liability in connection with any attempt to use Services for Digital Currencies that Octa Exchange does not support.

7. Trading Activities

7.1. Select the Digital Currency you want to trade in. You can choose it on the left-hand sidebar.

7.2. Place your offer to buy Digital Currency in the “Buy/Sell” section.

7.3. As soon as your order is matched against another order, your order will be fulfilled.

8. Withdrawals

8.1. Click “Balances, Withdrawals & Deposits” on your main account menu.

9. Limited License To Use The Site

9.1. If you agree and follow these Terms of Service, Octa Exchange grants you the limited right to use the Site and the Services. The right to use the Site and the Services is a personal, restricted, non-exclusive, non-transferable, revocable, limited license, and it is subject to the limitations and obligations in these Terms of Service. Nothing in these Terms of Service gives you any license (other than as set out in this paragraph), right, title, or ownership of, in, or to the Site or any of the Services. You agree you will not copy, transmit, distribute, sell, license, reverse engineer, modify, publish, or participate in the transfer or sale of, create derivative works from, or in any other way exploit any of the content, in whole or in part.

10. The Site And Services Accuracy

10.1. Although Octa Exchange intends to provide accurate and timely information on the Site and while providing Services, the Site (including, without limitation, Services) may not always be entirely accurate, complete or up to date and may also include technical inaccuracies or typographical errors and inconsistencies. In order to keep to providing you with as complete and accurate information as possible, information may be changed or updated from time to time without notice, including without limitation information regarding Octa Exchange‘s policies, products and services. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the Site are your sole responsibility and Octa Exchange shall take no liability for such decisions. Links to third-party materials (including without limitation to websites) may be provided as a convenience but are not controlled by Octa Exchange. You acknowledge and agree that Octa Exchange is not responsible for any part of the information, content, or services contained in any third-party materials or on any third-party sites accessible or linked to the Site.

Risk Warning:

Foreign exchange & CryptoCurrency trading, commodity futures alternatives, on-exchange & over-the-counter products come up with high-risk levels and may not prove to be suitable for all the investors. Though the leverage associated with the CryptoCurrency trading may involve significant losses, as well as high gains. The past trading strategy or procedure has nothing to do with the future outcomes as it depends on the market volatility; so, nothing should be interpreted as a forecast of future execution. You should consider whether this trading is suitable for you or not, on your own risk. It all depends on your ability to take risks. While, in need of any expert advice, you may ask any independent financial advisor.