the Services lent through the Nuex platform consist of:
in the possibility that the User, within limits stated in the Nuex platform, for the type of virtual currency between those exchanged on the same platform and according to the procedure therein indicated, to trust in Ubiquibit the availability of virtual currency in means of being able to exchange subsequently with the other Users (completing the indicated procedure in the Nuex platform, the virtual currency will be associated automatically to your account, retaining the right of Ubiquibit, in ways of security, as to manage fully autonomously the cryptographic keys necessary for the subsequent possible transfer to third parties of the virtual currency in question),
in the possibility for the User to exchange with other Users the virtual currency associated with the right account operating on the Nuex platform, according to the same indicated procedure, with automatic result (i) elimination of the account of reference of the quantitative virtual currency from time to time sold and (ii) assignment to the same account of reference of the quantitative virtual currency from time to time bought (completing the procedure indicated in the platform Nuex the virtual currency sold by you will be associated to the account of the User that has bought it, while the one bought by you will be automatically associated to the account);
in the possibility of the User withdrawing from the account dedicated to them, within the limits stated on the Nuex platform for such type of virtual currency exchanged on the same platform and according to the procedure as stated, the virtual currency already trusted to the availability of Ubiquibit with transfer of this availability to favour the same User on the same address as stated in the withdrawal office (the virtual currency will be transferred automatically to this address).
The user takes note, accepts and recognises that until the time the Services are completely excluded, the activity gives consent to convert the virtual currencies into fiat currencies.
The User takes note, accepts and recognises that for mere security purposes, the practice from the part of the User, of activities stated in the previous article 4.1, can also be obligatorily subordinate to Ubiquibit at the estimated completion, from the part of the User, of specific actions confirming the same willingness in completing the activities at hand, as well by means of validation tools or double authentication (as said “2FA” or “two factors authentication”).
It is in any case intended that the User has the exclusive responsibility to manage all information, mechanism or tool of validation or double authentication or, however, gives long distant consent to the corresponding identification in way to impede in any way abusive access to the same dedicated account. In any case the User will have to inform Ubiquibit immediately, for whichever abusive access it is aware of or suspects on their account, such as a loss or involuntary spreading of the Login information to third parties or, even, the fact that, for whatever reason, third parties have had or have access to the same or, even, to any other information, mechanism or tool of validation or double authentication or however, gives online consent to the identification of the User to impede in any way abusive access to the same dedicated account.
For the effect the User indemnifies until the time Ubiquibit for any risk, prejudice, damage, cost or honour no one excluded, deriving from one inadequate custody and conservation of the Login information a/o from an improper usage or negligence of any information, meccanism, or tool of validation or double authentication or, however, aimed at enabling the online corresponding identification to impede any form of abusive access to the same dedicated account.
The User takes note, accepts and recognises that the occuring times for the completion of the procedure, states in the Nuex platform in relation to the activity indicated at the point 4.1 preceding that they will be able to vary according to the type of virtual currency and of the stacking up of single orders of purchase or sales. In any case, the User will not be able to take advantage in any way towards Ubiquibit for any concerning delay or failure to respect the procedure indicated in the Nuex platform.
For activities referred to in point 4.1.1:
The trust to Ubiquibit in the availability of the User’s virtual currency will be limited by determined thresholds, functioning by the virtual currency and of the level of verification of the User according to the procedure indicated in the Nuex platform;
Ubiquibit will be able to immediately end the relationship with the User, with consequential elimination of the account, in the case in which the address of provenance of the virtual currency trusted to the availability of Ubiquibit results, directly or indirectly, associated to employee addresses for the completion of illicit or suspect activity for the completion of the activity, retaining the right of the User to pull out of the virtual currency in question and stop, despite the right of Ubiquibit to signal the circumstance to the competent authority;
in a specific section of the account, the User will be able to access all the information regarding the history of the virtual currencies trusted to the availability of Ubiquibit in way of being able to subsequently exchange the same ones with other Users.
For activities referred to in point 4.1.2:
The exchange of virtual currency between Users will be able to be, time after time, limited by the determined threshold a second type of virtual currency that constitutes item of exchange;
It’s exclusive responsibility of the User to indicate, time after time, at the moment of the insertion of the proper order of purchasing or selling, the following information: - the virtual currency to purchase for or to sell to other Users; - The stacking of such virtual currency to purchase or sell to other Users; - The type of virtual currency with which effects the exchange; - The stacking of such virtual currency and the consequent price;
The exchange of virtual currency between the Users will come prior crossed (matching) of the orders of purchase and sale inserted in the Book of the Nuex platform;
to the User will be able to be consented, according to the procedure stated in the Nuex platform, to insert in the Book purchasing orders or sales indicating the information highlighted in the previous point 4.8.2 with exception of the price (in these cases the Nuex platform will individualise the orders resulting in the Book that, complexingly considered, the consent to satisfy that of the User in question, parting from those with better conditions for the same User and proceed with those that hand in hand present conditions less favourable, until the point that it doesn't reach the amount indicated by such User in the moment of the insertion of their own order);
in a specific section of the account the User will be able to access all the data regarding: - the proper use of acquisition or sales inserted in the Book and not executed; - the historic exchanges made through the Nuex platform.
For the activity highlighted in the point 4.1.3:
the withdrawal of the virtual currency of the account by the User will be able to be limited by the determined threshold according to the type of virtual currency and of the level of verification of the User according the procedure indicated in the Nuex platform;
the User is responsible for providing Ubiquibit an address in which the same User has the full control and the exclusive management and must ensure that the address provided for the withdrawal is correct;
the User, undertakes exclusive responsibility, by means of handling confidentiality to the own personal data, will have beyond that, avoid providing the same address on further occasions and will be directly responsible of any risk, prejudice, damage, cost and honour, excluding nothing, deriving in the failure of carrying out such previsions;
it must be stated that it is prohibited the indication of address in which the User doesn't have the full control and exclusive management of, or the User has already provided previously;
in any way, the User will be able to make claims towards Ubiquibit in the case in which it has provided the same address prior to or a wrong address or, however, in which the same User doesn’t have full control and exclusive management and will be opening Ubiquibit up to any risk, prejudice, damage, cost or honour, excluding no one, deriving from the failure of respecting these procedures as indicated above;
in a specific section of the account the User will be able to access all the data regarding the history of the virtual currency withdrawn from the proper account.