Terms of Service - MExchange

These Terms of Service ("Terms") govern your access to and use of the centralized exchange services ("Services") provided by MExchange ("we," "us," or "our"). By using our Services, you agree to these Terms.

1. Eligibility

To use our Services, you must:

Reside in a country where our Services are legally available.
Complete our registration and verification processes.
Be at least 18 years old or the age of legal majority in your jurisdiction.
Have the legal capacity to enter into these Terms.

2. User Responsibilities

You are responsible for:

Maintaining the confidentiality of your account credentials.
Ensuring that your use of the Services complies with applicable laws and regulations.
Providing accurate and up-to-date information during registration and verification.
All activities that occur under your account.
Promptly notifying us of any unauthorized use of your account.

3. Use of Services

You agree to use the Services only for lawful purposes. Prohibited activities include:

Engaging in fraudulent or deceptive practices.
Violating intellectual property rights.
Manipulating markets or engaging in wash trading.
Using the platform for money laundering or terrorist financing.
Attempting to circumvent our security measures or trading restrictions.

4. Fees

All transactions are subject to applicable fees, including:

Trading fees (e.g., maker/taker fees).
Deposit and withdrawal fees, which vary by asset.
Network fees for blockchain transactions.
Other service fees as specified on our fee schedule.

5. KYC and AML Requirements

To comply with KYC and AML regulations, users must provide valid identification and agree to transaction monitoring. Accounts may be suspended or terminated if these requirements are not met.

6. Account Security

We implement various security measures to protect your account:

Two-factor authentication (2FA) requirements
IP address monitoring and suspicious activity detection
Regular security audits and updates
Encryption of sensitive data

7. Trading Rules

When trading on our platform, you must:

Only trade with funds that you own and control
Not engage in market manipulation or artificial price inflation
Accept the risks associated with cryptocurrency trading
Understand that past performance does not guarantee future results

8. Service Availability

While we strive to maintain continuous service availability, we do not guarantee uninterrupted access to our platform. We may temporarily suspend services for maintenance, updates, or security reasons.

9. Limitation of Liability

We are not liable for any losses resulting from:

Market volatility or trading decisions
Technical issues beyond our control
Unauthorized access to your account
Regulatory changes affecting cryptocurrency trading

10. Termination

We reserve the right to suspend or terminate your account for any violation of these Terms, suspicious activity, or regulatory requirements. You may also terminate your account at any time by withdrawing your assets and closing your account.

11. Changes to Terms

We may modify these Terms at any time. Continued use of our Services after such changes constitutes acceptance of the modified Terms. Major changes will be communicated to users via email or platform notifications.