Gotrade Terms

GoTrade (website: https://www.Gotrade.ng) is a Crypto-based trading platform that is wholly owned by Gotrade Digital Solutions (hereinafter referred to as “Gotrade”) was incorporated under the Companies and Allied Matters Act of 2020 of the Federal Republic of Nigeria with a company number of 3266417.

These Gotrade Terms of Use are entered into between you (hereinafter referred to as “you” or “your”) and Gotrade operators (as defined below). By accessing, downloading, using, or clicking on “I agree” to accept any Gotrade Services (as defined below) provided by Gotrade (as defined below), you agree that you have read, understood, and accepted all of the terms and conditions stipulated in these Terms of Use (hereinafter referred to as “these Terms”), as well as our Privacy Policy at https://www.Gotrade.ng, also note at when using some features of the Services, you may be subject to specific additional terms and conditions applicable to those features.

Please read the terms carefully as they govern your use of Gotrade Services. BY MAKING USE OF GOTRADE SERVICES, YOU ACKNOWLEDGE AND AGREE THAT (1) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRANSACTIONS OF DIGITAL CURRENCIES; (2) YOU SHALL ASSUME ALL RISKS RELATED TO THE USE OF Gotrade SERVICES AND TRANSACTIONS OF DIGITAL CURRENCIES; (3) Gotrade SHALL NOT BE LIABLE FOR ANY SUCH RISKS OR ADVERSE OUTCOMES; (4) YOU AGREE TO BOUND BY ANY SUCH AMENDED TERMS AND THAT GOTRADE HAS NO OBLIGATION TO NOTIFY YOU OF SUCH AMENDMENT; AND (5) YOU ACKNOWLEDGE THAT IT IS YOUR RESPONSIBILITY TO CHECK THESE TERMS PERIODICALLY FOR CHANGES AND THAT YOU CONTINUED USE OF THE TRADING PLATFORM AND SERVICES OFFERED BY GOTRADE FOLLOWING THE POSTING OF ANY CHANGES TO TERMS INDICATES YOU ACCEPTANCE OF ANY SUCH CHANGES.

By accessing, using, or attempting to use Gotrade Services in any capacity, you acknowledge that you accept and agree to be bound by these Terms. If you do not agree, do not access or utilize Gotrade services.

Definition.

  1. 1. Gotrade refers to a platform comprising Gotrade websites (whose domain names include https://www.Gotrade.ng ), to offer Gotrade Services, and includes independently-operated platforms, websites, and clients within the platform (e.g P2p, escrow, physical Escrow, and many more) that will be added to the platform. In case of any inconsistency between relevant terms of use of the above platforms and the contents of these Terms, the respective applicable terms of such platforms shall prevail.

  2. 2. Gotrade Services refer to various services provided to you by Gotrade that are based on Internet and/or off the internet and offered via Gotrade websites, mobile applications, clients, and other forms. Gotrade provides you with a simple and convenient way to trade one type of Digital Token for NGN.

  3. 3. Gotrade Team/Operator refers to all parties that run Gotrade, including but not limited to legal persons, unincorporated organizations, and teams that provide Gotrade Services and are responsible for such services. For convenience, unless otherwise stated, references to “Gotrade” and “we” in these Terms specifically mean Gotrade Operators.

  4. 4. Digital Currencies refer to a form of currency that is available only in digital or electronic form, it’s encrypted or digital tokens or cryptocurrencies with a certain value that are based on blockchain and cryptography technologies and are issued and managed in a decentralized form.

1. Gotrade Account Registration and Verification

In order to use any Gotrade services, you must first register. All Users must apply for an account at (https://gotrade.ng/register) by providing email, mobile phone number, real name, password, and other personal information to verify identity, along with affirming this Terms of Service, the Privacy Policy, P2P Policy, and other Gotrade rules. You agree to provide us accurate and authentic information we request at registration and on an ongoing basis for the purposes of identity verification and the detection of money laundering, terrorist financing, fraud, or any other financial crime, including without limitation a copy of your government-issued photo ID or evidence of residencies such as a lease or utility bill. If any such information changes, it is your obligation to update such information as soon as possible.
Gotrade may refuse, at its discretion, to open a Gotrade Account for you. You agree to provide complete and accurate information when opening a Gotrade Account and agree to timely update any information you provide to Gotrade to maintain the integrity and accuracy of the information. Only one User can be registered at a time, but each individual User (including any User that is a business or legal entity) may maintain only one main account at any given time.

1.1. By registering to use a Gotrade Account, you represent and warrant that (i) as an individual, you are at least 18 or are of legal age to form a binding contract under applicable laws; (ii) as an individual, legal person, or other organization, you have the full legal capacity and sufficient authorizations to enter into these Terms; (iii) you have not been previously suspended or removed from using Gotrade Services; (iv) you do not currently have a Gotrade Account (v) You agree to not enable anyone to use or direct your account, and to update of any information change or if your account has been compromised. You are responsible for keeping, protecting, and safeguarding any keys, certificates, passwords, access codes, user IDs, API Key or other credentials and login information (collectively "Passwords") that have been provided to you or that are generated in connection with your use of the Service. You agree to notify Gotrade immediately of any unauthorized use of your Passwords. We will not be responsible for any liabilities, losses, or damages arising out of the unauthorized use of your Passwords. You understand and agree that if you authorize any third party or a third-party platform to use the Passwords information of your account, the third party or third-party platform will know your account information (including without limitation, the information in relation to your assets, transactions, operating authority for trading and account information, etc.), your account will be exposed to certain risks and may suffer loss or damage (vi) your use of Gotrade Services will not violate any and all laws and regulations applicable to you, including but not limited to regulations on anti-money laundering, anti-corruption, and counter-terrorist financing.

1.2. Your registration of an account with Gotrade will be deemed your agreement to provide required personal information for identity verification. Such information will be used to verify Users’ identity, identify traces of money laundering, terrorist financing, fraud, and other financial crimes through Gotrade, or for other lawful purposes stated by Gotrade. We will collect, use and share such information in accordance with our Privacy Policy. In addition to providing such information, you agree to allow us to keep a record of that information during the period for which your account is active. You also authorize us to conduct necessary investigations directly or through a third party to verify your identity or protect you and/or us from financial crimes, such as fraud. The information we require to verify your identity may include but is not limited to, your name, email address, contact information, phone number, username, government-issued ID, date of birth, and other information collected during account registration. When providing the required information, you confirm it is true and accurate.

1.3. Account Banning/suspension: Gotrade reserves the right to suspend, freeze or cancel the use of Gotrade Accounts by persons other than the account registrant. If you suspect or become aware of any unauthorized use of your username and password, you should notify Gotrade immediately. You agree and acknowledge that Gotrade has the right at any moment to banned your account and any account for which you are a representative or authorized signatory, etc. You agree and acknowledge that we have the right to terminate any account at any time and for any reason. You further agree and understand that we have the right to take any and all necessary and appropriate actions pursuant to this User Agreement and/or Applicable Laws and Regulations. Gotrade assumes no liability for any loss or damage arising from the use of Gotrade Account by you or any third party with or without your authorization.

1.4. Personal information: Your personal data will be properly protected and kept confidential, but Gotrade has the right to collect, process, use or disclose your personal data in accordance with the Terms (including the Privacy Policy) or applicable laws. Depending on the products or services concerned, your personal data may be disclosed to the following third parties:

• your transaction counterparty;

• Gotrade Operators

• our agents, contractors, suppliers, third-party service providers

• insurance companies or insurance investigators and credit providers;

• credit bureaus, or any debt collection agencies or dispute resolution centers in the event of violation or dispute;

• business partners, investors, trustees, or assignees (actual or expected) that promote business asset transactions (which can be broadened to include any merger, acquisition, or asset sale) of Gotrade Operators;

• professional consultants such as auditors and lawyers;

• relevant government regulatory agencies or law enforcement agencies to comply with laws or regulations formulated by government authorities;

• assignees of our rights and obligations;

• persons with your consent as determined by you or the applicable contract.

• banks, credit card companies and their respective service providers;

2. Users’ Right and Limitation to License Use

We grant You a limited, nonexclusive, nontransferable license, subject to the Terms, to access and use our website and Services, solely for approved purposes as permitted by us. You agree that You will not copy, transmit, distribute, sell, license, reverse engineer, modify, publish, or participate in the transfer or sale of, create derivative works from, or in any other way, exploit any of our products and Services. Gotrade has the right to inquire, freeze or deduct or hold the items and accounts of the User according to the requirements of any applicable judicial organizations, administrative organizations, and military organizations, including but not limited to public security organizations, procuratorial organizations, courts, customs, tax authorities and so on.

3. User Obligation

Users must not use this Website or Services in any way that causes, or may cause, damage to this site or impairment of the availability or accessibility of this website; or in connection with any illegal fund payment and settlement including but not limited to payment by illegal means like fictitious transaction, false price, and transaction refund and so on; illegal cash-out activity; illegal fund transfer from the bank settlement account of an entity to an individual account; illegal check cash-out activity or any unlawful, illegal, fraudulent or harmful purpose or activity under applicable laws and regulations. Users agree to indemnify and hold Gotrade Digital Solutions., and their officers, directors, shareholders, predecessors, successors in interest, employees, agents, subsidiaries and affiliates, harmless from any demands, loss, liability, claims, or expenses (including attorneys’ fees), made against Gotrade Digital Solutions. by any third party due to or arising out of or in connection with Users’ use of this website or Services.

4. Disclaimer

(i) Network Service Provider On Gotrade does not guarantee the information and services provided on this Site can fully meet the needs of users. We shall not be liable for errors, insults, defamation, nonfeasance, obscenity, pornography, or blasphemy that may occur during the process of acceptance of the Parties’ web service (ii) Safety of the Network: We try to provide a safe network environment to the users; however, we do not guarantee that the Site or its servers are free of viruses or other potentially harmful factors; therefore, the user should use the industry’s recognized software to check and kill any virus in the files downloaded from the Site. (iii) Service Interruption: Based on the special nature of the Internet, we do not guarantee that the service will not be interrupted; the timeliness and security of the service are also not guaranteed, and we do not bear the responsibility which is not caused by Gotrade. (iv) Accuracy, Completeness, and Reliability of the Site: Unless we have expressly agreed in writing, we shall not guarantee the accuracy, completeness, reliability of any content, such as but not limited to, advertising from the platform in any manner (including but not limited to, containing, connecting, by way of, or downloading) from the Site; we are not responsible for any products, services, information or materials purchased or obtained by the user according to the content information on this website. The user bears the risk of using the content of this website. (v) User Information: we are not responsible for the failure of preservation, modification, deletion, or storage of the information provided by the user. Nor will we be liable for the typographical errors, negligence, etc. not intentionally caused by Gotrade. We have the right but no obligation to improve or correct any omission, error of any part of this Site. (vi) User Opinion: The user comments published by users of the Site, are only on behalf of the user’s personal point of view. It does not mean that this Site agrees with their views or confirms their description. This Site does not bear any legal responsibility caused by any user comments. (vii) SMS or regular mail delivery. We do not bear any legal responsibility for any winning, discount activities, or information that are delivered by other channels. (viii) Charges, Commissions, Transactions, and Other Fees: we have the right to adjust the recharge, commission, transaction, and other fees according to market conditions, and terminate any promotional efforts early. (ix) your violation of any applicable law, regulation, or rights of any third party during your use of Gotrade Services. If you are obligated to indemnify Gotrade Operators, their affiliates, Team, contractors, licensors, and their respective directors, officers, employees, or agents pursuant to these Terms, Gotrade will have the right, in its sole discretion, to control any action or proceeding and to determine whether Gotrade wishes to settle, and if so, on what terms. (x) Announcements: In regards to notices issued to the users, we will deliver these notices through a formal page announcement, station letter, e-mail, blog, customer service phone call,

5. Governing Law

The Terms, your use of the Services, any claim, counterclaim or dispute of any kind or nature whatsoever arising out of the Terms, directly or indirectly, shall be governed by and construed in accordance with the laws of Nigeria without regard to the principles of conflicts of laws thereof.

6. Privacy Policy

Access to Gotrade Services will require the submission of certain personally identifiable information. Please check out Gotrade Privacy Policy at https://www.gotrade.ng/privacy for a summary and guidelines regarding the collection and use of personally identifiable information.

7. Complaint and Miscellaneous, Contact

7.1. Complaints: If you have any complaints, feedback, or questions, please contact our Customer Service at support@gotrade.ng. When you contact us, please provide us with your name and email address and any other information we may need to identify you, and the transaction on which you have feedback, questions, or complaints.

7.2. Miscellaneous: These Terms set forth the complete understanding of the parties with respect to the subject matter hereof and supersedes all prior understandings and communications relating thereto. No term or condition of any other document provided to Gotrade which is different from, inconsistent with, or in addition to the terms and conditions set forth herein will be binding upon the Parties. You represent and warrant that all information disclosed to Gotrade in connection with these Terms are true, accurate, and complete.

7.3. Contact Information. For more information on Gotrade, you may refer to the company and license information found on Gotrade websites. If you have questions regarding these Terms, please feel free to contact Gotrade for clarification via our Customer Support team at https://gotrade.ng/contact.