This agreement shall determine Terms of Use to have you use Virtual Currency Wallet System (hereinafter referred to as “the System”) which BS Wallet (hereinafter referred to as “a system operator”) provides as follows.
Article 1. The use of this System
The person who is going to use this System agrees to an agreement or guidelines to establish in this agreement after an agreement separately and shall be able to start the use of each service after having consented to all.
Article 2. Basic rules
The user of this service is referred to as an individual person who makes a personal account with us by properly entering information determined by a system operator. That is a user who enters proper information, and completes authentication mentioned in the next article.
Regarding the use of the service by a user, confirmation of authentication using smartphone is mandatory.
On this process, confidential information, token, or authentication information set by the user shall not be saved or managed by the system.
Users are suggested to manage this information carefully.
Users of this system shall use the agreed service after identification and receiving the consent of the system’s operator.
There may exist some part not allowed to use.
Regarding the previous three rules, user shall bear the full responsibility.
The loss of information, unauthorized use by the third person, hacking and any loss and damage caused by the negligence of the user shall not be a liability to the system operator.
Person under the age of 18 is not allowed to register.
If the operator of this system decides that the user’s activities are undesirable and not followed by the above guidance, service shall be suspended or providing with the system shall be terminated without any prior notice.
Article 3. About Virtual Currency
The Virtual Currency does not generally have the existence such as the central bank, and not a formal currency either.
Unlike a currency based in a country and other corporations, as for the digital currency, it was based on technology and reliability.
The digital currency has the globally free system which is not regulated by a country and a company and an individual. We may be at risk of others which are not identified by foreknowledge and are out of Terms of Use.
You understand it and think about a financial status and a risk tolerance of oneself carefully and must perform the purchase or deal with the business.
The user must manage it by a self-responsibility about the information such as a password, the ID to manage the digital currency to use on an operator`s system or website.
When the damage by a fault on the user side or abuse, the hacking by the third party occurs, operators shall not be liable.
Article 4. About the risk
Most of the business of Virtual Currency is not out of the risk, is the point to be well understood in advance.
The price may greatly fluctuate every day as a result, a big profit and even a big loss too may occur simultaneously.
According to the world trend and change in the value of digital currency, inherent risk may occur.
In the future, unanticipated government regulations of each country, emergence of alternative and competing currencies, inflation and deflationary spiral may cause the collapse of digital currency.
In the future, if digital currency face government regulations, trade regulations, and even complete ban etc., the operator shall comply with laws and ordinances and deal accordingly. In such a case, the damage or loss occurred to the user shall not be the liability of the operator.
Article 5. The handling of the registration information
The person who is going to become a user registers under the responsibility of the self, information (hereinafter referred to as “registration information” as follows including a personal data) shall be registered on the occasion of the use optionally and shall be managed by self.
The user must follow the matters mentioned below and shall not let any password or recovery phrase being used by a third party.
The password or recovery phrase shall not be predicted easily by a third party.
Never show your password or recovery phrase to a third party.
When you use this service on the computer/cell-phone which plural human beings use, when you finish the use of this service, be careful to log out by all means, terminate a web browser.
When you use this service on the computer/cell-phone which plural human beings use, when you finish the use of this service, be careful not to use easy login or remember my mail/password functions for next use and delete the auto registration function.
If checked out or enabled, and when there is a use of this service by a registered password, it shall be treated as the system being used by the person registered with full responsibility and jurisdiction.
When the damage occurs to an operator or the third party because of the unauthorized use of the password or recovery phrase, the user shall compensate it for the damage concerned to an operator and a third party. In addition, a user shall perform the management of the registration information under the responsibility of the self, and the operator shall not take responsibility about all disadvantages that a user took and damage because registration information was incorrect or false.
Article 6. Charge
On the occasion of the use of the Wallet, use tollage may be necessary. For more information about charge, confirm fee explanation placed in a website of the Wallet and the site of each gateway.
Article 7. Change/termination of service contents
When there is any of the following reason, the service in parts or all shall be suspended or stopped without any prior notice. The operator shall not be liable in such loss or damage caused by the suspension/termination of the service to the user or the third party.
While performing the maintenance or other construction of facilities by an operator or the third party assigned.
In case of failure or malfunction occurred in XFOC facility.
In case of failure or malfunction occurred in XFOC facility.
On the request or regulation of judiciary or other government institutions.
Beyond those, if an operator judges it to be necessary by a technical/operational reason.
The service as a whole (or parts of the service contents) shall be changed, suspended or terminated by the operator without any prior notice and the operator shall not be liable to the loss or damage occur to user or third party.
Article 8. Withdrawal of membership
If a user finishes the use of this service and wish to abandon a user qualification of the self, the user shall apply for termination according to the rules established by the operator.
The operator shall not be obliged to hold or use personal information or user contents of the withdrawn user for any purpose.
Article 9. Facilities for the use
It is necessary to access the Web so that a user can use this service.
For this purpose, the user shall arrange all necessary software or hardware environment with full responsibility and cost of the self and operate accordingly.
Operator shall not be obliged to provide any instructions or operation methods to access the web.
In addition, provisions of the original distribution shall be followed duly while using those software or applications required to view/use this system.
Article 10. Copyright, property right or other rights
User shall use this service within a scope set by the operator.
The patent right regarding all contents delivered in this service reserved to the operator. No rights like the utility model right, a design right, a trademark, a copyright, the enforcement of other intellectual property rights or licensing and use are permitted to the user.
Users are prohibited to copy, transmit, transfer (including the sale between the users), lend, translate, adopt, replicate, secondary use, commercial use, modification, reverse assembling, reverse engineering etc. of the system.
Notwithstanding the provisions mentioned above and determined by the service provider, on the termination of service due to the termination of membership, the right to use the contents delivered shall be deprived.
Article 11. Immunity from responsibility
The operator does not participate at all about use of PC environment of the user and does not take any responsibility at all.
The operator does not take any responsibility about the legality, morality, reliability, accuracy about the homepage linking to from each page of this service.
The operator does not take any responsibility on any damage or loss to occur because of contents change, interruption and the termination of this service.
Even if the loss of opportunity, interruption of business or any other damages (including the indirect damage and loss of profits) occur to any third party by the user and notified in advance to the operator, it shall not be a liability to the operator.
When any damage to a third party occur or any dispute arises between user and the third party, it shall be resolved on the full cost and responsibility of the user.
Operator shall bear no responsibility to this.
When a user occur any loss or damages to an operator in connection with the use of this service, user shall be accountable to compensate the operator (including a legal cost and the legal fee).
Article 12. Prohibited Activities
The operator sets following activities as prohibited one, and the user shall not perform these.
An act of the money laundering.
Activities of forgery, fictitiousness and possession of multiple account.
Regardless of all or part, copying, reproducing, sending, a transfer, distribution, making transmittable, , modify, translate, lend the information provided by this service or use/archive it for such purpose without the prior permission of the operator.
All acts to violate this agreement or Terms of Use of each service.
Offensive activities to public order and morals or a similar act.
Criminal and unlawful activities or a similar act.
An act to give a disadvantage to other users or a third party or a similar act.
An act to interfere with this service or a similar act.
An act to damage the trust of an operator or this service or a similar act.
An act to violate intellectual property (a copyright, a design right, the utility model right, a trademark, a patent right, know-how are included, but are not limited to this) right, the honor of an operator or the third party, the right of privacy or other third parties or profit or similar act.
An act encouraging the activities mentioned above.
In addition, judge that an operator is inappropriate.
When it is found that above activities were committed, the operator shall apply appropriate measures like: termination of the use of this service, property freeze, and other effective measures.
When an operator judges a user performed an inappropriate act against the spirit of the contents of this agreement or a purpose or this agreement, stronger measures shall be applicable.
With or without regarding the responsibility of the inappropriate act committed or inspired to commit by other users, it will be dealt by the discretion of the operator.
The operator shall not be liable to answer if asked by the user regarding the step taken and shall be considered that the user is aware of such outcome.
Even if any loss or damage occurs to the user due to the measures that an operator performed regarding the offences mentioned above, the operator shall not take any responsibility at all.
Article 13. Change of this agreement
The contents of this agreement may change in parts or as a whole, if needed. In that case, each user shall not be informed so, are requested to refer latest terms of use by all means while using this system. When you use this system after the change, agreement on revised terms shall be considered.
Article 14. Separability
Even if either article or part of this agreement is judged with invalidity or execution inability by Consumer Contract Law or other laws and ordinances, the remaining rule of this agreement and a part continue invalidity or execution inability and the part of the judged prescribed remainder and shall completely have effect.
Article 15. Mutual cooperation
When an unspecified reason occurred to this agreement or when a doubt or confusion regarding the interpretation of each article of this agreement arise, an operator and the user shall solve it after discussing with sincerity and good faith.