Terms – TOWER EXC

BITEXIA CRYPTOCURRENCY EXCHANGE
Effective Date: January 1, 2025
Last Updated: January 1, 2025

1. ACCEPTANCE OF TERMS

1.1 Agreement to Terms

By accessing or using Bitexia.com (“Bitexia,” “Platform,” “we,” “us,” or “our”), you agree to be bound by these Terms of Service (“Terms”), all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws.

1.2 Eligibility

By using our Services, you represent and warrant that:

You are at least 18 years of age
You have full legal capacity to enter into this agreement
You are not a resident of a Restricted Jurisdiction
You are not on any trade or economic sanctions lists
You will comply with all applicable laws and regulations

1.3 Modifications

We reserve the right to modify these Terms at any time. Material changes will be notified via:

Email notification
Platform announcement
Website banner

Continued use after modifications constitutes acceptance of revised Terms.

2. DEFINITIONS

“Account”: Your registered account on Bitexia
“API”: Application Programming Interface
“Digital Assets”: Cryptocurrencies, tokens, and digital currencies
“Fiat”: Government-issued currency
“Order”: Instruction to buy or sell Digital Assets
“Services”: All services provided by Bitexia
“Wallet”: Digital Asset storage on the Platform
“KYC”: Know Your Customer verification process
“AML”: Anti-Money Laundering procedures

3. ACCOUNT REGISTRATION

3.1 Account Creation

To use our Services, you must:

Provide accurate, current, and complete information
Complete identity verification (KYC) process
Maintain and update your information
Create strong, unique passwords
Enable two-factor authentication (2FA)

3.2 Account Types

Basic Account: Limited trading and withdrawal limits
Verified Account: Full trading capabilities after KYC
Corporate Account: For business entities
VIP Account: Enhanced features and lower fees

3.3 Account Security

You are responsible for:

Maintaining confidentiality of account credentials
All activities under your account
Immediately notifying us of unauthorized use
Losses due to compromised credentials

3.4 Prohibited Account Activities

Creating multiple accounts
Selling or transferring accounts
Using another person’s account
Providing false information

4. IDENTITY VERIFICATION (KYC/AML)

4.1 Verification Requirements

Users must provide:

Government-issued photo ID
Proof of residence
Selfie/biometric verification
Source of funds documentation (if required)
Additional information as requested

4.2 Ongoing Monitoring

We conduct:

Periodic re-verification
Transaction monitoring
Suspicious activity reporting
Enhanced due diligence for high-risk users

4.3 Verification Levels

Level 1: Email verification – Basic features
Level 2: ID verification – Increased limits
Level 3: Address verification – Full features
Level 4: Enhanced verification – VIP status

5. TRADING SERVICES

5.1 Order Types

Available order types include:

Market Orders: Immediate execution at current price
Limit Orders: Execution at specified price or better
Stop-Loss Orders: Trigger at specified price
Stop-Limit Orders: Combination stop and limit
OCO Orders: One-Cancels-Other
Iceberg Orders: Large orders split into smaller visible portions

5.2 Trading Rules

Minimum order sizes apply
Maximum order limits based on verification level
Orders may be partially filled
We reserve the right to cancel orders
Market manipulation is prohibited

5.3 Trading Pairs

Crypto-to-Crypto pairs
Fiat-to-Crypto pairs (where available)
Stablecoin pairs
Margin trading pairs (qualified users)

5.4 Price Determination

Prices are determined by:

Supply and demand on our platform
Order matching engine
Market maker activities
External market conditions

6. DEPOSITS AND WITHDRAWALS

6.1 Deposit Methods

Cryptocurrency deposits
Bank transfers (SWIFT/SEPA)
Credit/Debit cards (subject to limits)
Third-party payment processors
P2P transfers

6.2 Withdrawal Process

Withdrawals subject to security review
Processing times vary by method
Daily/monthly withdrawal limits apply
Enhanced verification may be required
Withdrawal fees apply

6.3 Deposit/Withdrawal Restrictions

We may restrict transactions for:

Security concerns
Regulatory compliance
Unusual activity patterns
Maintenance periods
Legal requirements

6.4 Confirmation Requirements

Cryptocurrency: Network confirmations required
Fiat: Bank processing times apply
Irreversible once processed

7. FEES AND CHARGES

7.1 Trading Fees

Maker Fees: 0.10% (orders that add liquidity)
Taker Fees: 0.10% (orders that remove liquidity)
VIP Discounts: Based on 30-day volume
Referral Discounts: Available through referral program

7.2 Non-Trading Fees

Deposit Fees: Vary by method
Withdrawal Fees: Vary by asset
Conversion Fees: For currency conversion
Inactivity Fees: After 12 months of inactivity
API Fees: For excessive API usage

7.3 Fee Schedule

Current fees are displayed on our Fee Schedule page. We reserve the right to modify fees with notice.

8. DIGITAL ASSET SERVICES

8.1 Staking Services

Earn rewards by staking supported assets
Lock-up periods may apply
Rewards subject to change
Risks include slashing penalties

8.2 Lending Services

Lend assets to earn interest
Borrow against collateral
Variable interest rates
Liquidation risks apply

8.3 Launchpad

Participate in token sales
Eligibility requirements apply
Investment limits based on holdings
No guarantee of allocation

9. MARGIN TRADING

9.1 Eligibility

Margin trading requires:

Account verification
Risk assessment questionnaire
Minimum account balance
Agreement to Margin Trading Terms

9.2 Margin Requirements

Initial margin requirements
Maintenance margin levels
Automatic liquidation triggers
Margin calls

9.3 Risks

Margin trading involves:

Amplified losses
Liquidation risk
Interest charges
Market volatility

10. API USAGE

10.1 API Access

API keys for automated trading
Rate limits apply
Secure key management required
Usage monitoring

10.2 API Restrictions

No excessive requests
No market manipulation
Comply with rate limits
Maintain security standards

11. PROHIBITED ACTIVITIES

11.1 You may not:

Violate any laws or regulations
Engage in money laundering or terrorist financing
Trade on insider information
Manipulate markets
Use bots for malicious purposes
Circumvent security measures
Reverse engineer our systems
Transmit viruses or malicious code
Impersonate others
Engage in fraudulent activities

11.2 Market Manipulation

Prohibited practices include:

Wash trading
Spoofing
Layering
Quote stuffing
Pump and dump schemes
Coordinated trading

12. INTELLECTUAL PROPERTY

12.1 Platform Content

All content on Bitexia is protected by:

Copyright
Trademarks
Patents
Trade secrets

12.2 License Grant

We grant you a limited, non-exclusive, non-transferable license to access and use our Services for personal use.

12.3 Restrictions

You may not:

Copy, modify, or distribute our content
Use our trademarks without permission
Create derivative works
Scrape or data mine

13. RISK DISCLOSURE

13.1 Trading Risks

Digital Asset trading involves substantial risk:

Complete loss of investment possible
High price volatility
Market manipulation risks
Liquidity risks
Technical risks

13.2 Technology Risks

Hacking and security breaches
Smart contract vulnerabilities
Network congestion
Fork risks
Protocol changes

13.3 Regulatory Risks

Changing regulations
Potential bans
Tax implications
Reporting requirements

13.4 No Investment Advice

We do not provide:

Investment advice
Trading recommendations
Tax advice
Legal advice

14. DISCLAIMERS AND LIMITATIONS

14.1 Service Availability

Services provided “AS IS”
No guarantee of continuous availability
Maintenance may cause interruptions
We may modify or discontinue services

14.2 Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW:

We are not liable for indirect damages
We are not liable for lost profits
We are not liable for consequential damages
Maximum liability limited to fees paid in last 12 months

14.3 No Warranties

WE DISCLAIM ALL WARRANTIES:

MERCHANTABILITY
FITNESS FOR PARTICULAR PURPOSE
NON-INFRINGEMENT
ACCURACY OF INFORMATION

15. INDEMNIFICATION

You agree to indemnify and hold Bitexia harmless from:

Your violation of these Terms
Your violation of any laws
Your negligence or misconduct
Third-party claims arising from your use
Losses from your account breach

16. DISPUTE RESOLUTION

16.1 Informal Resolution

First attempt to resolve disputes informally by contacting [email protected]

16.2 Arbitration Agreement

All disputes shall be resolved through binding arbitration:

Governed by [Arbitration Rules]
Location: [Jurisdiction]
Language: English
One arbitrator

16.3 Class Action Waiver

You waive any right to participate in class actions against Bitexia.

16.4 Exceptions

The following may be brought in court:

Intellectual property disputes
Small claims court matters
Injunctive relief

17. TERMINATION

17.1 Termination by You

You may close your account at any time by:

Withdrawing all balances
Submitting closure request
Completing verification process

17.2 Termination by Us

We may suspend or terminate your account for:

Terms violation
Illegal activities
Risk management
Regulatory requirements
Extended inactivity

17.3 Effects of Termination

Upon termination:

Access revoked
Open orders cancelled
Withdrawal period provided
Data retention per Privacy Policy

18. GOVERNING LAW

18.1 Applicable Law

These Terms are governed by the laws of [Jurisdiction], without regard to conflict of law principles.

18.2 Jurisdiction

You consent to exclusive jurisdiction of courts in [Jurisdiction].

19. REGULATORY COMPLIANCE

19.1 Sanctions Compliance

We comply with all applicable sanctions programs including:

OFAC (US)
UN Sanctions
EU Sanctions
Other applicable sanctions

19.2 Restricted Jurisdictions

Services not available in:

United States (certain states)
North Korea
Iran
Syria
Cuba
Other restricted jurisdictions

19.3 Tax Obligations

You are responsible for:

Determining tax obligations
Reporting transactions
Paying applicable taxes
Maintaining records

20. COMMUNICATION

20.1 Electronic Communications

You consent to receive electronic communications:

Email
Platform notifications
SMS (if opted in)
Push notifications

20.2 Legal Notices

Legal notices should be sent to: [email protected]

20.3 Customer Support

For support inquiries: [email protected]

21. MISCELLANEOUS

21.1 Entire Agreement

These Terms constitute the entire agreement between you and Bitexia.

21.2 Severability

If any provision is unenforceable, remaining provisions continue in effect.

21.3 Waiver

No waiver is effective unless in writing and signed by Bitexia.

21.4 Assignment

You may not assign these Terms. We may assign without restriction.

21.5 Force Majeure

We are not liable for delays caused by circumstances beyond our control.

21.6 Survival

Provisions that by nature should survive termination will survive.

22. SPECIAL PROVISIONS

22.1 Beta Features

Beta features are provided “AS IS” with additional risks.

22.2 Promotions

Promotional terms are supplemental to these Terms.

22.3 Referral Program

Subject to additional Referral Program Terms.

22.4 Institutional Services

Subject to additional Institutional Terms.

23. PRIVACY

Your use of our Services is also governed by our Privacy Policy, available at [Privacy Policy URL].

24. CONTACT INFORMATION

Bitexia.com
Email: [email protected]
Legal: [email protected]
Compliance: [email protected]

Mailing Address:
[Company Name]
[Street Address]
[City, State/Province, Postal Code]
[Country]

25. ACKNOWLEDGMENT

BY USING OUR SERVICES, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS OF SERVICE.

Version: 1.0
Document ID: BITEXIA-TOS-2025-001
Language: English (Authoritative Version)

RISK WARNING: Digital asset trading carries significant risk. Prices can fluctuate dramatically. You may lose your entire investment. Only trade with funds you can afford to lose.