These ZB Terms of Use is entered into between you (hereinafter referred to as “you” or “your”) and ZB operators (as defined below). By accessing, downloading, using or clicking on “I agree” to accept any ZB Services (as defined below) provided ZB (as defined below), you agree that you have read, understood and accepted all of the terms and conditions stipulated in these Terms of Use (hereinafter referred to as “these Terms”) as well as our Privacy Policy at www.zb-exchange.net. In addition, when using some features of the Services, you may be subject to specific additional terms and conditions applicable to those features.
Please read the terms carefully as they govern your use of ZBx Services. THESE TERMS CONTAIN IMPORTANT PROVISIONS INCLUDING AN ARBITRATION PROVISION THAT REQUIRES ALL CLAIMS TO BE RESOLVED BY WAY OF LEGALLY BINDING ARBITRATION. The terms of the arbitration provision are set forth in Article 10, “Resolving Disputes: Forum, Arbitration, Class Action Waiver”, hereunder. As with any asset, the values of Digital Currencies (as defined below) may fluctuate significantly and there is a substantial risk of economic losses when purchasing, selling, holding or investing in Digital Currencies and their derivatives. BY MAKING USE OF ZB SERVICES, YOU ACKNOWLEDGE AND AGREE THAT: (1) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; (2) YOU SHALL ASSUME ALL RISKS RELATED TO THE USE OF ZB SERVICES AND TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; AND (3) ZB SHALL NOT BE LIABLE FOR ANY SUCH RISKS OR ADVERSE OUTCOMES.
By accessing, using or attempting to use ZB Services in any capacity, you acknowledge that you accept and agree to be bound these Terms. If you do not agree, do not access ZB or utilize ZB services.
If you would like to know more about the risks associated with investing in or trading Digital Assets, you can access our General Risk Warning at general risk warning .
I. Definitions
1. ZB refers to an ecosystem comprising ZB websites.
2. ZB Accounts refer to the foundational virtual accounts.
3. ZB Operators refer to all parties that run ZB.
4. ZB Services refer to various services provided.
5. ZB Platform Rules refer to all rules.
6. BUSD means ZB USD.
7. Collateral Accounts refer to special accounts.
8. Conversion Inception Date means the date.
9. Crypto-to-crypto Trading refers to spot transactions.
10. Designated Stablecoin means each of USD Coin.
11. Designated Stablecoin Conversion means.
12. Digital Currencies refer to encrypted or digital tokens.
13. Digital Assets refer to Digital Currencies.
14. Fiat Trading refers to spot transactions.
15. KYC refers to the “know-your-customer” process.
16. Loan/Lending refers to ZB lending of Digital Currencies.
17. Users refer to all individuals.
II. General Provisions
1. About These Terms
a. Contractual Relationship
These Terms constitute a legal agreement.
b. Supplementary Terms
Due to the rapid development of Digital Currencies.
c. Changes to These Terms
ZB reserves the right to change or modify these Terms.
d. Prohibition of Use
BY ACCESSING AND USING ZB SERVICES, YOU REPRESENT AND WARRANT THAT YOU HAVE NOT BEEN INCLUDED IN ANY TRADE EMBARGOES OR ECONOMIC SANCTIONS LIST (SUCH AS THE UNITED NATIONS SECURITY COUNCIL SANCTIONS LIST), THE LIST OF SPECIALLY DESIGNATED NATIONALS MAINTAINED BY OFAC (THE OFFICE OF FOREIGN ASSETS CONTROL OF THE U.S. DEPARTMENT OF THE TREASURY), OR THE DENIED PERSONS OR ENTITY LIST OF THE U.S. DEPARTMENT OF COMMERCE. ZB RESERVES THE RIGHT TO CHOOSE MARKETS AND JURISDICTIONS TO CONDUCT BUSINESS, AND MAY RESTRICT OR REFUSE, IN ITS DISCRETION, THE PROVISION OF ZB SERVICES IN CERTAIN COUNTRIES OR REGIONS.
2. About ZB
As an important part of the ZB Ecosystem, ZB mainly serves as a global online platform for Digital Assets trading, and provides Users with a trading platform, financing services, technical services and other Digital Assets-related services. As further detailed in Article 3 below, Users must register and open an account with ZB, and deposit Digital Assets into their account prior to trading. Users may, subject to the restrictions set forth in these Terms, apply for the withdrawal of Digital Assets.
Although ZB has been committed to maintaining the accuracy of the information provided through ZB Services, ZB cannot and does not guarantee its accuracy, applicability, reliability, integrity, performance or appropriateness, nor shall ZB be liable for any loss or damage that may be caused directly or indirectly by your use of these contents. The information about ZB Services may change without notice, and the main purpose of providing such information is to help Users make independent decisions. ZB does not provide investment or consulting advice of any kind, and is not responsible for the use or interpretation of information on ZB or any other communication medium. All Users of ZB Services must understand the risks involved in Digital Assets trading, and are recommended to exercise prudence and trade responsibly within their own capabilities.
3. ZB Account Registration and Requirements
a. Registration
All Users must apply for a ZB Account at register before using ZB Services. When you register a ZB Account, you must provide the information identified in this paragraph 3 or otherwise as requested by ZB, and accept these Terms, the Privacy Policy, and other ZB Platform Rules. ZB may refuse, in its discretion, to open a ZB Account for you.
b. Eligibility
By registering to use a ZB Account, you represent and warrant that: (i) as an individual, you are at least 18. (full content continues)
c. User Identity Verification
Your registration of an account with ZB will be deemed your agreement to provide required personal information for identity verification.
d. Account Usage Requirements
The ZB Account can only be used by the account registrant.
e. Account Security
ZB has been committed to maintaining the security of User entrusted funds.
By creating a ZB Account, you hereagree that:
- you will notify ZB immediately if you are aware of any unauthorized use of your ZB Account and password or any other violation of security rules;
- you will strictly abide all mechanisms or procedures of ZB regarding security, authentication, trading, charging, and withdrawal;
- you will take appropriate steps to logout from ZB at the end of each visit.
III. ZB Services
Upon completion of the registration and identity verification for your ZB Account, you may use various ZB Services, including but not limited to.
- Provide, modify or terminate, in its discretion, any ZB Services;
- Allow or prohibit some Users’ use of any ZB Services in accordance with relevant ZB Platform Rules.
ZB has the exclusive authority to determine which Digital Assets are listed on the platform.
1. Service Usage Guidelines
a. License
Provided that you constantly comply with the express terms and conditions stated in these Terms, ZB grants you a revocable, limited.
b. Restriction
When you use ZB Services, you agree and undertake to comply with the following provisions:
- During the use of ZB Services, all activities you carry out should comply with applicable laws.
- Your use of ZB Services should not violate public interests, public morals, or the legitimate interests of others.
- You agree not to use the services for market manipulation.
- Without written consent from ZB, the following commercial uses of ZB data are prohibited.
- Without prior written consent from ZB, you may not modify, replicate, duplicate.
- Accounts left dormant for a month are automatically deactivated.
- You may not (i) use any deep linking, web crawlers, bots. (full restriction details continue)
- You may not lay false allegations that will defile our name.
By accessing ZB Services, you agree that ZB has the right to investigate any violation of these Terms, unilaterally determine whether you have violated these Terms.
- Blocking and closing order requests;
- Freezing your account;
- Reporting the incident to the authorities;
- Publishing the alleged violations and actions that have been taken;
- Deleting any information you published that are found to be violations.
2. Crypto-to-crypto Trading
Upon completion of the registration and identity verification for your ZB Account, you may conduct Crypto-to-crypto Trading on ZB in accordance with the provisions of these Terms and ZB Platform Rules.
a. Orders
Upon sending an instruction of using ZB Services for Crypto-to-crypto Trading (an “Order”), your account will be immediately updated to reflect the open Orders, and your Orders will be included in ZB’s order book to match other users’ Orders. If one of your Orders fully or partially matches another user’s Order, ZB will execute an exchange (a “Transaction”).
b. Cancellation
For Orders initiated through ZB Services, you may only cancel them before they have been matched with other Users’ Orders. Once your Order has been matched.
c. Fees
You agree to pay ZB the fees specified in. ZB may, in its discretion, update the fees at any time.
d. Other Types of Crypto-to-crypto Trading
In addition to the Crypto-to-crypto Trading that allows users to directly place orders, ZB may provide technical and platform services for other types of Crypto-to-crypto Trading under its separately formulated ZB Platform Rules, such as One Cancels the Other (OCO) and block trade.
3. Fiat Trading
Prior to conducting Fiat Trading, you shall separately read, agree to, and comply with:
- the Terms of Use of Bifinity UAB;
- the User Agreements with various third-party service providers with which ZB has partnered.
- the Legal Statement, the Privacy Policy, and any other ZB Platform Rules related to Fiat Trading
If you choose to utilise Fiat Trading, you agree that Bifinity UAB. A full list of Bifinity UAB partners can be found HERE.
Bifinity UAB is registered in accordance with the applicable laws. Cryptocurrency exchange and depository services provided Bifinity UAB are not regulated by the Bank of Lithuania.
4. Futures Trading
Unless otherwise specified ZB, to conduct Futures Trading, you must conclude with ZB a separate Futures Service Agreement and open a special Collateral Account.
- You fully understand the high risks of Futures Trading.
- You have sufficient investment knowledge and experience.
- Before performing Futures Trading, you have read and understood.
- You agree and authorize ZB to take various reasonable measures.
5. Options Trading
Before entering into transactions in Options products through ZB (“Options Trading”), you acknowledge and agree that:
- You fully understand the high risks of Options Trading.
- You have sufficient investment knowledge and experience.
- Before performing Options Trading, you have read and understood the ZB Options Service Agreement.
- You agree and authorize ZB to take various reasonable measures.
6. Margin Trading
By making use of the Margin Services, you acknowledge and agree that you have read, understood and accepted the Margin Service Terms of Use.
7. Lending Services
Unless otherwise provided ZB, to borrow currencies, you must conclude with ZB a separate Lending Services User Agreement.
- There are considerable risks involved in Lending Services.
- You shall cooperate to provide information and materials.
- You shall carefully read relevant ZB Platform Rules before using Lending Services.
- ZB has the full right to manage your Collateral Account.
- ZB has the right to temporarily or permanently prohibit you from using Lending Services.
8. ZB Savings Service
ZB offers ZB Savings, a service to provide Users with value-added services for their idle Digital Assets.
- ZB Savings assets will be used in cryptocurrency leveraged borrowing and other businesses.
- You will unconditionally authorize ZB to distribute and grant the leveraged interest.
- You shall abide relevant laws and regulations.
- You should fully recognize the risks of investing in Digital Assets.
- You agree that all investment operations conducted on ZB represent your true investment intentions.
- ZB reserves the right to suspend or terminate ZB Savings service.
- Due to network delay, computer system failures and other force majeure.
9. Staking Programs
ZB will from time to time launch Staking Programs for specific types of Digital Currencies to reward, as per certain rules, users who hold such Digital Currencies in their ZB Accounts. When participating in Staking Programs, you should note that:
a. Unless otherwise stipulated ZB, Staking Programs are free of charge and Users may trade during the staking period;
b. ZB does not guarantee Users’ proceeds under any Staking Program;
c. ZB has the right to initiate or terminate Staking Program for any Digital Currencies or modify rules on such programs in its sole discretion;
d. Users shall ensure that sources of the Digital Currencies they hold in ZB Accounts are legal and compliant and undertake to observe related laws and regulations. Otherwise, ZB has the right to take necessary steps in accordance with these Terms or ZB Platform Rules, including, without limitation, freezing ZB Accounts or deducting the Digital Currencies awarded to Users who violate the rules of respective Staking Programs.
10. ZB POS Service Agreement
11. ZB Convert Services
ZB API Connection Rules
- Convert Limit Orders are not supported via ZB API Connection.
- ZB may change API endpoints or settings at any time without notice.
- ZB may restrict or terminate API access at its discretion.
- API Connections are provided “as is” and at Users’ own risk.
- Redistribution of ZB prices via API is Users’ responsibility; ZB bears no liability.
12. ZB Leveraged Tokens
Before transacting in ZB Leveraged Tokens, you acknowledge and agree that you have read, understood and accepted the ZB Leveraged Tokens Risk Disclosure Statement and Agreement.
13. BUSD Conversion
14. ZB OTC
If agreed with ZB, you may receive OTC services subject to ZB OTC Terms.
IV. Liabilities
1. Disclaimer of Warranties
TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, ZB SERVICES, MATERIALS AND PRODUCTS ARE OFFERED “AS IS” AND “AS AVAILABLE”.
2. Disclaimer of Damages and Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL ZB OR ITS AFFILIATES BE LIABLE FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES.
3. Indemnification
You agree to indemnify ZB Operators, affiliates, contractors, licensors, and their directors, officers, employees and agents.
V. Announcements
Please be aware that all official announcements will be listed on https://zb-exchange.net.
VI. Termination of Agreement
1. Suspension of ZB Accounts
2. Cancellation of ZB Accounts
3. Remaining Funds After ZB Account Termination
All remaining account balances will be payable immediately to ZB, and Users have 5 business days to withdraw assets.
4. Remaining Funds After Termination Due to Fraud, Violation of Law, or Terms
ZB retains custody of Digital Assets, funds, and user data, which may be shared with authorities as needed.
5. Dormant Accounts
VII. No Financial Advice
ZB is not your broker or advisor. Users are responsible for all investment decisions.
VIII. Compliance with Local Laws
Users must abide by local laws, including taxation and fund legitimacy verification requirements.
IX. Privacy Policy
Refer to Our Privacy Policy for guidelines on personal data.