PLEASE CAREFULLY READ THESE TERMS AND CONDITIONS AS WELL AS OUR PRIVACY POLICY AND THE RISK DISCLOSURE DOCUMENT BEFORE USING OUR PLATFORM AND SERVICES.
This document describes the Terms and Conditions applicable to the Aobpro Platform (the “Platform”), in connection with which you are accepting this agreement. These Terms and Conditions are a legally binding contract between you and us.
The Platform and Services, including the Website (https://www.aobpro.com) and mobile application (“App”), is owned and operated by AO br/idge Inc, a company based in Vancouver, br/itish Columbia, Canada (Money Services Business); and AO br/idge International, UAB, a company based in Vilnius, Lithuania (Virtual Asset Service Provider); hereinafter jointly referred to as “Aobpro” and/or “We” and/or “Us”).
For the purposes of this document, “User” and/or “You” means any individual who may access and/or create an User Account and use our Platform and its Services.
Aobpro is protected by all Copyrights and Intellectual Property Rights under the laws of Canada and Lithuania, as all international copyright treaties.
All Aobpro Services are described below and subject to the following Terms and Conditions as well as our Privacy Policy and the Risk Disclosure Document.
Please read the definitions applicable to these Terms and Conditions in Section 34 set out below.
Aobpro information is as follows:
– Business Name: AO br/idge Inc.
– Incorporation number: BC1356964.
– MSB registration number: M22110836
– Address: 398-2416 Main St Vancouver, Bc, Canada V5T3E2.
– Phone Number: +1 (778) 300-1086.
– Website: https://www.aobpro.com.
– Email: info@aobpro.com.
– Business Name: AO br/idge International, UAB.
– Registration Code: 306095969.
– Address: Eišiškių Sodų 18-oji g. 11, LT-02194 Vilnius, Lithuania.
– Phone Number: +370 5 2668952
– Website: https://www.aobpro.com.
– Email: info@aobpro.com.
The use of this Platform and Services is strictly available to persons who can enter into legally binding contracts under applicable law, as may be locally and/or internationally prescribed.
Only individuals who are above the legal age as prescribed by applicable laws, are eligible to use this Platform and Services.
Individuals who are below legal age as prescribed by applicable laws (“minors”), and/or individuals who are legally restricted from entering into binding contracts under law, are not eligible to use this Platform and our Services.
By accessing, creating a User Account and using this Platform and Services you represent that you hold the legal age of majority, and hold full legal capacity to use this Platform and our Services in your jurisdiction, and that you are not an Excluded Person, as set forth in Section 4 below.
Aobpro does not provide Services on the Platform, nor does it allow the registration to create an Account to any person and/or entity subject to trade embargoes and/or economic sanctions or anyone designated on any list of prohibited or restricted persons or entities, or who is related to, subordinate of, or controlled by any of them, including but not limited to any list of sanctioned persons, entities and/or groupings maintained by the United Nations Security Council; and/or by the US Government (e.g. the US Department of Treasury’s Specially Designated Nationals list and Foreign Sanctions Evaders list and the US Department of Commerce’s Entity List); and/or by the European Union or its member states; and/or by other applicable government authority (“Excluded Persons”).
Aobpro is a digital platform that offers crypto-asset management services globally, allowing Users to trade and exchange crypto-assets easily, within a secure environment, offering crypto-assets trading, custody and payment services all in a single platform (“Services”).
Aobpro Services include:
Our Platform allows Users to easily buy crypto-assets using fiat money (e.g. US Dollars). If you wish to exchange your fiat money into crypto-assets, you may conveniently buy them through our Platform, using the payment method you have registered with us.
Through this Service our Users can exchange crypto-assets through our private Traders Network .
Our Traders have updated information that allows them to quickly know who is buying and selling crypto-assets, as well as the best time to carry out the transactions requested by our Users.
Our OTC Trading Service is adapted to your needs and allows you to place orders for the amount you want, at competitive rates, with a personalized quote instantly and securely. With our Service you will get a fast settlement of your transactions, and you may execute your trades in seconds without the involvement of third parties.
Aobpro provides storage and security services for your crypto-assets, which include a crypto-asset wallet and a fiat wallet.
With your crypto-asset wallet you may store, track, transfer, and manage the balances of your crypto-assets. For your safety and peace of mind, we securely store crypto-assets private keys, which are used to process transactions, in a combination of online and offline storage.
Our Yield Earning Service will allow you to lend your crypto-assets through our Platform and earn returns on those loans.
You may lend your crypto assets to other Users (Yield with Decentralized Finance or DeFi) or through us and we will invest your crypto-assets or lend them to other users to generate return for you (Yield with Centralized Finance or CeFi).
Aobpro also provides crypto-asset payment services through Visa and Mastercard. So you may pay your providers through card transactions facilitating you the process of converting and spending the crypto-assets that you keep in your crypto-wallet with us.
This way we make your crypto-asset purchases easier since you will only have to use your Visa or Mastercard, without the need to use the long cryptographic keys or any special device in any store or commercial establishment.
If you wish to use our Services, you must first register with us to create your free account on our Platform (“User Account” and/or “Account”). During the registration process, we will ask you to provide us with the following information:
Please note that Aobpro may request additional identifying information and/or documents from you, at any time, to verify you comply with our eligibility requirements, including the applicable anti-money laundering laws and/or any other applicable laws or regulations.
The following rules apply when registering a User Account with us:
Aobpro grants you a non-exclusive and revocable license of use, while these Terms and Conditions are in force, for the use of the Platform and Services, and our Website and App, including the use any information, content, material, software and/or update provided by us, provided that you accept these Terms and Conditions, including our Privacy Policy and Risk Disclosure Document.
This license of use is granted to temporarily download and use one copy of the App and any information, content, material, software and/or updates we provide, solely for your personal, non-commercial use.
You agree the license of use granted herein is provided on a temporary basis and may be terminated by Aobpro at any time. All rights not expressly granted are reserved.
This license of use shall automatically terminate if you violate any provision of these Terms and Conditions, including our Privacy Policy and Risk Disclosure Document.
The use of the Platform may result in commissions, charges and other costs for the Services and/or transactions made through the Platform (“Service Fees”).
Services Fees may apply, at any time, over the amount of each transaction made through the Platform. Any Service Fees will be automatically charged by Aobpro at the time the transaction is processed.
The applicable Service Fees will be displayed to you before you make any transactions on our Platform or use our Services.
You expressly accept that our Service Fees are final and non-refundable, unless Aobpro, in its sole discretion, determines otherwise.
We may update our Service Fees at any time. It is your responsibility to keep up to date with any changes, and to be aware of the Service Fees that apply to your trades and the Services that you use.
You accept and acknowledge that It is your responsibility to calculate and pay all applicable taxes that you owe as a result of your trading activity on our Platform. However, we may withhold and deduct at source any taxes due under applicable law at our sole discretion.
You expressly agree not to make any claim against Aobpro where we have made such a deduction. Where necessary, we will deduct and report tax deduction on an aggregate basis with respect to all our Users.
Please note that should you require us to issue a personal report specifying the taxes withheld at source on your behalf, we may debit your account with our cost and expenses in connection with the preparation and filing of said reports including any re-submissions and late charges.
The use of our trading and exchange services is subject to the following rules:
The use of this Platform and its Services are subject to the following rules and restrictions:
You agree that Aobpro shall have the right to immediately suspend and/or cancel your User Account, freeze or lock the crypto-assets or funds in your wallets, and suspend your access to this Platform for any reason including if Aobpro suspects that by using this Platform and Services, you have br/eached these Terms and Conditions and/or its Privacy Policy and/or the Risk Disclosure Document, and/or any applicable laws and regulations.
We reserve the right to suspend your User Account, at any time, in our sole discretion, and we may retain and use transaction data or other information related to your Account, for any reason, including, without limitation, the following:
You expressly agree that Aobpro may cancel your User Account, and terminate these Terms and Conditions, including the Privacy Policy and Risk Disclosure Document, and not allow you to use our Platform and Services, in the following cases:
You expressly agree that in the event your Account is terminated, your User Account information and transactions will be securely stored for 5 years, in accordance with our Privacy Policy. In addition, if a transaction is unfinished during the account termination process, we will have the right to notify your counterparty of the situation at that time.
In the event that your User Account has been terminated or canceled, for any reason, upon Aobpro charging all outstanding fees (if applicable), you will have 5 business days to withdraw all remaining cryptoassets or funds from your Account.
You expressly accept and acknowledge that in case of termination or cancellation of your User Account due to fraud and/or violation of any applicable law or regulation, and/or br/each of these Terms and Conditions and/or our Privacy Policy and/or Risk Disclosure Document, the crypto-assets and funds existing in such Account, including any information and/o data related thereto, may be turned over to governmental authorities as a result of their investigations and/or by court order.
Each and every intellectual property right and copyright held by Aobpro in relation to the Platform and its Services, including the Website and App; as to any inventions; ideas; patents; trademarks; logos; texts, images; graphics; content; business secrets; designs; domain names; source codes; software; know-how; and its derivatives, among others, that currently exist and/or that have existed in the past and/or that may exist in the future with respect to Aobpro and/or the Platform and its Services (“Intellectual Property”), are the exclusive property of, and belong solely to Aobpro. Likewise, you accept that all moral and patrimonial rights in such Intellectual Property belong solely and exclusively to Aobpro.
Notwithstanding the provisions of Section 7 above, you expressly agree not to copy, modify, use, reproduce, commercialize and/or disclose for your own benefit or for the benefit of any third parties, in its original or translated form, or in any other way, whether directly or indirectly, any Intellectual Property belonging to Aobpro, including any right, title and/or interest related or arising therefrom.
You expressly accept that the use of this Platform and/or its Services is exclusively limited to the provisions established in these Terms and Conditions and our Privacy Policy, including our Risk Disclosure Document, and that you have no right to claim any right or interest of any kind on Aobpro´s Intellectual Property and/or any other right associated therewith and/or arising therefrom.
Aobpro will make its best efforts to provide and/or make this Platform and its Services, available in an uninterrupted manner to you. However, the Platform and/or its Services may be subject to downtimes and/or may not be available temporarily due to scheduled maintenance activity initiated by Aobpro and/or by its service providers, and such scheduled maintenance activity may be notified to you through email by Aobpro. In addition, the Platform and/or its Services may be unavailable due to unscheduled emergencies and/or for other causes beyond Aobpro´s reasonable control and for such unscheduled emergencies prior notice shall not be given by Aobpro.
Aobpro may, from time to time, and without your separate permission or consent, deploy an upgrade or update of, or replacement for, any feature or functionality of the Platform and/or its Services, including our Website and App (“Updates”). Each Update will be deemed as part of the Services for all purposes under these Terms and Conditions, our Privacy Policy and the Risk Disclosure Document.
Aobpro allows its Users to access support features available on the Platform through its Website and App.
By using our Platform and its Services, you expressly accept the modality by which we offer to provide technical support.
You expressly agree that Aobpro may choose to change technical support features at any time and without prior notice.
Aobpro will send emails to you, from time to time, to let you know important improvements and updates to our Platform and/or its Services. You will be able to opt out of these emails at any time by clicking the unsubscribe option. However, other emails will be sent to you by system notifications for security reasons (e.g. passwords resets, logins from new Devices, etc.) for which you may not deactivate this option.
Our Platform may contain links (such as hyperlinks) to third-party websites . Such links do not constitute endorsement by Aobpro or association with those websites, their content or their operators.
We do not control any third-party websites and are not responsible for their availability, accuracy, content, advertising, products, or services. It is your exclusive responsibility to evaluate the content and usefulness of any content and/or information viewed or obtained from any third-party websites. You acknowledge and agree that Aobpro is not involved in the creation or development of third-party websites and disclaims any responsibility for third-party websites and cannot be liable for claims arising out of or relating to third-party websites.
You agree and acknowledge that the use of any website controlled, owned or operated by any third-party is governed by the terms of use and privacy policies in those websites. You also accept and acknowledge that you access such third-party websites at your own risk.
We expressly disclaim any liability arising in connection with your use and/or view of any third- party websites and/or derived of any content and/or information that may appear on such websites.
Aobpro reserves the right to modify all or part of these Terms and Conditions and/or its Privacy Policy and/or the Risk Disclosure Document at any time. The modified Terms and Conditions and/or Privacy Policy and/or Risk Disclosure Document will be published on the Website. Such modified agreements will come effective five (5) days following its publication on the Website. In case you do not agree to such changes, you must indicate so by sending an email to: info@aobpro.com within five (5) days following such publication, in which case you must leave the Platform immediately and also suspend the use of the Services.
Upon expiration of the above term, it shall be understood that you have accepted all modifications made to these Terms and Conditions and/or to the Privacy Policy and/or the Risk Disclosure Document.
These Terms and Conditions and our Privacy Policy, including our Risk Disclosure Document, will immediately terminate if you br/each any of the obligations set forth in such agreements which may result in your User Account suspension or cancellation and forfeiture of any rights to receiving Updates. Aobpro reserves the right to any other remedies available under law in the event that you br/each any of the obligations under such agreements.
Aobpro shall not be liable to you or any third party, for the suspension, cancellation, termination or discontinuation of any of our Services.
Aobpro reserves the right to modify, restrict or discontinue all or part of the Services, at any time, either temporarily or permanently, without notice, for any or no reason whatsoever.
You shall indemnify and hold Aobpro, its shareholders, partners, subsidiaries, affiliates, third-parties and their respective officers, directors, agents, and employees harmless against any and all claims br/ought by any third party for actions or acts incurred or committed by you, arising from or related to: (a) the unauthorized use of the Platform and/or the Website and/or App and/or the Services, including but not limited to the misuse or operation of the Platform and/or the Website and/or App and/or our Services in combination or modification with other hardware or software belonging to a third party alleging infringement and/or misappropriation of its intellectual property rights; and/or (b) violation of these Terms and Conditions, the Privacy Policy, the Risk Disclosure Document, and/or any applicable law or regulation
If Aobpro is prevented from carrying out its obligations under these Terms and Conditions and/or our Privacy Policy and/or the Risk Disclosure Document as a result of any cause beyond its reasonable control, including but not limited to unavailability of any communication system, virus attack, br/each and/or sabotage in our technological systems, as well as Acts of God, war or other violence, strikes or labor disputes, lock-outs, epidemics or pandemics, lockdown, quarantine measures, floods and failure of service providers, interruptions, loss or malfunctions of utilities, such as electric and/or internet service and others services; just as acts of government, including but not limited to any law, order, proclamation, regulation, ordinance, demand, or requirement of any governmental agency, then in such an event, Aobpro shall be relieved from its obligations and liabilities under these Terms and Conditions and its Privacy Policy, including the Risk Disclosure Document, as such fulfillment of the obligations is prevented.
Aobpro’s failure to insist upon strict performance of any provision of these Terms and Conditions and/or our Privacy Policy and/or Risk Disclosure Document shall not be deemed to be a waiver of its rights or remedies in respect of any present or future default of you in performance or compliance with any obligation on these agreements.
These Terms and Conditions along with our Privacy Policy and the Risk Disclosure Document, constitutes the entire agreement between Aobpro and you, and supersedes and replaces all prior or contemporaneous understandings or agreements, written or oral, regarding such subject matter.
You may not assign its rights or obligations under these Terms and Conditions and/or our Privacy Policy and/or Risk Disclosure Document, without the prior written consent of us. We may assign these agreements at any time in our sole discretion without any prior written consent by you.
If a court of competent jurisdiction holds any provision of these Terms and Conditions and/or our Privacy Policy and/or the Risk Disclosure Document, to be invalid, such invalid provision shall be severed and have no effect on the remaining provisions of such documents, and they shall continue in full force and effect.
The headings in these Terms and Conditions as well as in our Privacy Policy and the Risk Disclosure Document do not affect its interpretation. The use of any gender includes all genders. The singular includes the plural and vice-versa. Where a word or phrase is defined, its other grammatical forms have a corresponding meaning. These Terms and Conditions and our Privacy Policy, including the Risk Disclosure Document, were originally prepared in the English language. Although we may provide one or more translated versions of these Terms and Conditions as well as our Privacy Policy and the Risk Disclosure Document for your convenience, the English language version of these documents will be the governing version of therein in case of any conflict or discrepancy. In the event that an ambiguity or question of intent or interpretation arises, in any judicial proceeding or otherwise, the provisions of these Terms and Conditions as well as our Privacy Policy and the Risk Disclosure Document will be construed as having been drafted jointly by you and us, and no presumption or burden of proof will arise favoring or disfavoring any party by virtue of the authorship of any provisions of such agreements.
Unless otherwise provided in this document any controversy or claim arising out of or relating to these Terms and Conditions and/or our Privacy Policy and/or Risk Disclosure Document (“Disputes”) which cannot be resolved amicably between the parties within thirty (30) continuous days from the date this is being caused, shall be subject to binding arbitration. The place of arbitration shall be Vancouver, Province of br/itish Columbia, Canada, and such shall be settled in accordance with the Arbitration Act in force in the Province of br/itish Columbia. Judgment upon the award rendered by the Arbitrator(s) may be entered in any Court having jurisdiction thereof.
You expressly agree that if the arbitration fails to render a mutually agreed resolution the Courts referred in Section 32 below will be deemed to have jurisdiction.
These Terms and Conditions, including our Privacy Policy and Risk Disclosure Document, shall be governed by and construed in accordance with the laws in force in the Province of br/itish Columbia and the applicable federal laws in Canada, without regard to conflict of laws provisions. In case of any disputes, you hereby agree to submit to the exclusive jurisdiction of the Courts of Province of br/itish Columbia, Canada.
For any questions, comments, or complaints regarding these Terms and Conditions, you may address us by sending an email to info@aobpro.com and that email receipt must be acknowledged by us.
Last Updated: 2022/11/15