DISCLAIMER

  1. We only undertake obligations expressly set forth in these Terms of Service.

  2. YOU ACKNOWLEDGE AND ACCEPT THAT, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IMMBIT IS PROVIDED ON AN “AS IS”, “AS AVAILABLE” AND “WITH ALL FAULTS” BASIS. We shall not be held liable for malfunction of IMMBIT which results from any of the following reasons:

    1. system maintenance or upgrading of IMMBIT;

    2. force majeure, such as typhoon, earthquake, flood, lightning or terrorist attack etc.;

    3. malfunction of your mobile device hardware and software, and failure of telecommunication lines and power supply lines;

    4. your improper, unauthorised or unrecognised use of the Services;

    5. computer viruses, trojan horse, malicious program attacks, network congestion, system instability, system or equipment failure, telecommunication failure, power failure, banking issues, government acts etc.;

    6. any other reasons not imputed to us.

  3. We shall not be held liable due to any of the following circumstances:

    1. you losing your mobile devices, deleting IMMBIT applications and wallets without back-up, forgetting Wallet Passwords, Private Keys, Mnemonic Words, Keystores without back-up, which result in the loss of such User’s Tokens;

    2. you disclosing your Wallet Passwords, Private Keys, Mnemonic Words, Keystores, or lending or transfering your IMMBIT wallets to others, or authorising others to use your mobile devices or IMMBIT wallets, or downloading IMMBIT applications through unofficial channels, or using IMMBIT applications by other insecure means, which result in the loss of your Tokens;

    3. you mishandling IMMBIT (including but not limited to wrong address, failure of the node servers selected by you) , which result in the loss of Tokens;

    4. you being unfamiliar with the lack of knowledge in relation to blockchain technology and your mishandling of IMMBIT resulting in loss of your Tokens;

    5. IMMBIT being unable to copy accurate transaction records due to system delay or blockchain instability etc.;

  4. You undertake the risks and consequences arising or in connection with the following:

    1. your transactions when using Third-Party Service;

    2. your use of developer mode;

    3. your use of DEX services, which shall be assumed by you, your counterparty and issuers of relevant Smart Contracts.

  5. You understand that IMMBIT is only a management tool for Tokens which is incapable to control the quality, security and legitimacy of the Third-Party Service, or the authenticity and accuracy of their information and their capabilities to fulfill the obligations under the agreements with you. You, at your sole discretion, decide whether to use the Third-Party Service. You understand that such transactions and corresponding contractual relationship are between you and your counterparty, instead of us. We kindly remind you to carefully review the authenticity, legitimacy, and effectiveness of related information provided by Third-Party Service before you decide to use them. In addition, you shall also assume all the risks arising from the transactions between you and any third-party-developed exchanges.

  6. You acknowledge that IMMBIT may provide services to you and your counterparty simultaneously or may have affiliation or other interest relationship with foregoing parties, and you agree to waive any actual or potential conflicts of interests and will not claim against us on such base or burden us with more responsibilities or duty of care.

  7. We do not warrant that:

    1. services provided by us would satisfy all your needs;

    2. all techniques, products, services, information or other materials from us would meet your expectations;

    3. all the transaction information in digital Tokens markets captured from the third party exchanges are prompt, accurate, complete, and reliable;

    4. your counterparties on IMMBIT will perform their obligations in the transaction agreements with you timely.

  8. You are aware that IMMBIT is only a tool for you to manage your Tokens and to display transaction information. We do not provide legal, tax or investment advice. You should seek independent advice from professional legal, tax, and investment advisors. In addition, we shall not be liable for any investment loss, data loss etc. during your use of our service.

  9. You understand that we may change our entry standards, limit the range and ways to provide services for specific users etc. at any time in accordance with applicable laws and regulations.

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