Effective Date:
These Terms & Conditions ("Terms") govern your use of the website and services provided by Coin Market Point (collectively referred to as "we", "us", "our", or the "Service"). By accessing or using Coin Market Point, located at https://coinmarketpoint.com ("Website"), you agree to comply with and be bound by these Terms. If you do not agree to these Terms, please do not use our Services.
Please read these Terms carefully before using Coin Market Point.
By using Coin Market Point, you acknowledge that you have read, understood, and agree to be bound by these Terms, our Privacy Policy, and any other legal notices or policies published on our Website. We may update these Terms periodically, and continued use of our Services after any such changes constitutes acceptance of those changes.
To use Coin Market Point, you must meet the following eligibility requirements:
To access certain features of Coin Market Point, including cryptocurrency wallet services, you must register for an account. During registration, you will provide accurate and complete information, including but not limited to your name, email address, and any identity verification documents required to comply with our Know Your Customer (KYC) and Anti-Money Laundering (AML) obligations.
You are responsible for maintaining the security and confidentiality of your Coin Market Point account and password. You agree to notify us immediately of any unauthorized access or breach of security regarding your account. Coin Market Point is not liable for any losses or damages arising from unauthorized use of your account.
We reserve the right to verify your identity at any time. Failing to provide the necessary information or documentation for verification may result in the suspension or termination of your account.
You agree to use Coin Market Point solely for lawful purposes and in accordance with these Terms. You further agree that:
Coin Market Point enables users to store, transfer, and manage cryptocurrency assets. You acknowledge and agree to the following terms regarding cryptocurrency transactions:
You are solely responsible for the accuracy of all transaction details, including wallet addresses, transaction amounts, and other relevant information. Cryptocurrency transactions are irreversible once confirmed, and Coin Market Point cannot reverse, modify, or cancel transactions.
Cryptocurrency markets are highly volatile, and prices can fluctuate dramatically. You acknowledge that cryptocurrency transactions carry inherent risks, including but not limited to potential loss of value. Coin Market Point is not responsible for any losses arising from changes in cryptocurrency value, including losses due to market fluctuations.
You may be charged network fees ("gas fees") when transacting with cryptocurrencies. These fees are determined by the blockchain network and are not controlled by Coin Market Point. We will inform you of any additional fees applicable for using our Services, and such fees are subject to change.
For enhanced security and fraud prevention, all funds transacted or temporarily held on the Coin Market Point platform are securely maintained in segregated custodial wallets. These wallets are distinct from the platform's operational accounts and are specifically designated to safeguard user assets. This separation ensures that user funds are isolated from internal operations and mitigates risks associated with unauthorized access or internal misuse. The use of segregated accounts forms a core part of our commitment to maintaining high security standards and ensuring the integrity of all transactions processed through our platform.
You agree that you will not use Coin Market Point to engage in any prohibited activities, including but not limited to:
Coin Market Point reserves the right to suspend or terminate your account if you are found to be engaging in prohibited activities.
All intellectual property rights in the content and materials available on the Coin Market Point website, including but not limited to trademarks, logos, designs, graphics, text, and software, are owned by or licensed to Coin Market Point.
You may use the content provided on the Website for personal, non-commercial use only. You may not reproduce, distribute, modify, or create derivative works from any content or material without our express written permission.
Coin Market Point may include integrations with third-party services, including but not limited to payment processors, KYC/AML verification services, and blockchain networks. We are not responsible for the actions, content, or terms of these third-party services. Your use of third-party services is subject to their terms of use and privacy policies.
Coin Market Point is provided on an "as-is" and "as available" basis without any representations or warranties of any kind. To the fullest extent permitted by law, Coin Market Point disclaims all warranties, whether express or implied, including but not limited to:
In no event will Coin Market Point, its affiliates, officers, directors, employees, agents, or service providers be liable for any direct, indirect, incidental, consequential, special, or punitive damages arising from your use of the Service or your inability to use the Service, including but not limited to financial losses, loss of data, or loss of cryptocurrency assets.
You agree to indemnify, defend, and hold harmless Coin Market Point, its affiliates, officers, directors, employees, agents, and service providers from and against any claims, damages, liabilities, losses, costs, or expenses (including reasonable attorneys' fees) arising out of or related to your violation of these Terms, your use of the Service, or your infringement of any intellectual property or privacy rights of any third party.
We reserve the right to suspend, restrict, or terminate your access to Coin Market Point at our sole discretion, without prior notice, for reasons including but not limited to:
Upon termination, you will no longer have access to your account or the Services. However, you are responsible for any obligations or liabilities incurred prior to the termination date.
If any disputes arise between you and Coin Market Point, we encourage you to contact our support team to resolve the issue amicably. However, if we are unable to reach a resolution, the following terms apply:
Coin Market Point reserves the right to modify, update, or amend these Terms at any time. Any changes will be effective immediately upon posting on the Website. Your continued use of Coin Market Point following the posting of any changes constitutes acceptance of those changes.
Coin Market Point operates as a privacy-focused digital asset platform and does not require users—whether senders or recipients—to undergo identity verification or Know Your Customer (KYC) procedures. Accordingly, users may utilize the Platform pseudonymously or anonymously, subject to full adherence to these Terms of Service.
As a condition precedent to the release or withdrawal of digital assets facilitated through the Platform, both the sender and the recipient must maintain a minimum liquidity balance equivalent to ten percent (10%) of the total transaction value in the respective wallet address associated with the transaction. This liquidity must be clearly demonstrable at the time the withdrawal is requested.
The liquidity balance described herein shall not be construed as a fee, payment, or forfeiture. Rather, it constitutes a temporary collateral requirement designed solely to facilitate and validate the secure execution of the transaction. This balance remains under the user's ownership and control at all times and shall be fully withdrawable by both the sender and the recipient immediately following the successful execution and withdrawal of the transferred funds. The liquidity balance is not retained by Coin Market Point and is not subject to deduction by the Platform.
The equity requirement plays a critical role in the deployment and execution of smart contracts on the Platform. In the absence of user verification, the 10% liquidity functions as an automated integrity mechanism within the smart contract framework, ensuring that only parties with demonstrable wallet solvency are able to engage in transactions that trigger withdrawals. This model prevents misuse, reinforces transactional trust between anonymous parties, and ensures the smart contract executes only under conditions designed to mirror a minimum financial assurance standard.
Should either party fail to meet the liquidity requirement, the Platform shall restrict the ability to withdraw the associated transferred amount until the condition is satisfied. Once the liquidity threshold is met, the smart contract shall execute autonomously, permitting both the release of the transferred amount and the withdrawal of the liquidity balance in full.
The liquidity requirement shall apply uniformly and automatically across all transactions processed through the Platform, irrespective of the nature of the parties or the digital assets involved. No manual overrides or exceptions shall be granted.
Verification of liquidity compliance shall be performed exclusively through the Platform's automated systems, which assess wallet balance integrity in real time. The Platform disclaims any obligation to disclose or explain the specific technical means of such verification. By utilizing the Platform, users expressly consent to this method of enforcement.
This Section 15 and any dispute arising out of or relating to the liquidity requirement or its enforcement shall be governed by and construed in accordance with the laws of the jurisdiction under which Coin Market Point is legally registered. Users agree to submit to the exclusive jurisdiction of the courts located within that jurisdiction for resolution of any such disputes.
As part of the account validation process, users are permitted a one-time withdrawal of up to $100, which may be used solely to verify account functionality. This withdrawal is authorized even if the minimum liquidity balance requirement, as outlined in Section 15.2, is not met. The withdrawal does not affect or negate any requirements in Section 15 for future transactions or withdrawals. After this one-time validation withdrawal, users will need to comply with the established liquidity balance requirement for any subsequent withdrawals.
If you have any questions or concerns regarding these Terms, please contact us at:
Email: support@coinmarketpoint.com