Terms of Use | Axis Protocol

OTC SERVICE TERMS OF USE (PUBLIC OFFER AGREEMENT)

INTRODUCTION

These Terms of Use (hereinafter referred to as the “Terms of Use”, “Terms” or “Agreement”) form a legally binding agreement between Client (hereinafter referred to as the “You”, “Client”, which may include a Seller, or Buyer) and Axis Protocol Inc., a company incorporated under the laws of Canada, under the Company number 2027786017, having its legal and business address at: 700-602 12 AVE SW, Calgary, Alberta, T2R1J3, Canada, represented by the Director Roman Moroz (hereinafter referred to as the “Company”, “We”, or “Us”).

The Company is currently registered in Canada under company number 2027786017, which permits it to offer services involving virtual assets in accordance with applicable regulatory requirements and also being in the process of preparing to obtain an Money Services Business (hereinafter referred to as the “MSB”) authorization under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (hereinafter referred to as the “PCMLTFA”).

These Terms govern your access to and use of the Axis Protocol Platform and the Services provided by the Company.

For the purposes of these Terms, the Platform refers to the technological and communication environment used by the Company to deliver its Services. This includes, without limitation, any Client dashboards or interfaces (if applicable), communication tools such as Telegram bots or chats, and any other means by which the Company interacts with Clients (hereinafter referred to as the “Platform”).

We are providing the OTC service, which means the direct over–the–counter–trading of virtual assets with our Customers on a principal–to–principal basis (hereinafter referred to as the “Services”)

By accessing or using the Platform and/or Services, you acknowledge that you have read, understood, and agree to be legally bound by these Terms, our Privacy Policy, Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) Policy, and any other applicable policies, guidelines, or documents referenced herein or provided to you during onboarding or in connection with your use of the Services.

If you do not agree with these Terms or any of the provisions contained within them, kindly exit this Platform and refrain from using our Services.

If you have any questions about these Terms of Use, please contact Us via email officialaxisprotocol@gmail.com.

1. DEFINITIONS

1.1 “Account” – a personal record to identify each Client issued by the Company at the time when the Service starts to be used.

1.2. “Crypto-assets” – Digital representations of value or of rights that have the potential to bring significant benefits to market participants, including retail holders of crypto-assets.

1.3. “Fiat Currency” – Official state-issued currency such as Euro (EUR), US Dollar (USD), British Pound (GBP), or any other fiat currency supported by the Company.

1.4. “OTC Transaction” – A bilateral agreement between a Client and a counterparty facilitated by the Service Company outside of a centralized exchange.

1.5. “Force Majeure” means unforeseen circumstances beyond the reasonable control of the Company and the Clients that make it impossible or difficult for the Company and the Clients to fulfill their obligations.

1.6. “Fees” means a commission or other costs charged by the Company for the use of Services.

1.7. “Verification” or “KYC” (Know Your Customer) – means the identity verification and due diligence procedures required by the Company in accordance with applicable AML/CFT regulations. This may include, without limitation, submission of identification documents, proof of address, information about the nature of business or source of funds, and other information necessary to assess the Client’s eligibility and risk profile.

1.8. Anti-Money Laundering (“AML”) – regulatory procedures and internal controls designed to prevent the use of our Services for money laundering, terrorist financing, and other illicit purposes.

1.9. “Terrorist Financing” (“TF”) – means a provision or collection of funds, by any means, directly or indirectly, with the intention that they are used or in the knowledge that they are to be used, in full or in part, in order to carry out any of the offenses within the meaning of Article 2 of the International Convention for the Suppression of the Financing of Terrorism of 9 December 1999.

1.10. Client(s)”, or “You” – shall mean an individual with full civil capacity, or a legal entity that uses our Platform or Service and agrees to be bound by the Terms of Use.

1.11. “AML/CTF Policy” – rules of conduct that have been established to provide internal controls and procedures to prevent the misuse of its business for the purposes of money laundering, terrorist financing and to ensure compliance with international sanctions by our Company.

1.12. “Services” – all and any Services provided by the Company through the Platform.

1.13. “Parties” means the Company and the Client(s).

1.14. “Platform” – dashboards or interfaces (if applicable), communication tools such as Telegram bots or chats, and any other means by which the Company interacts with Clients and Services are provided

1.15. “Privacy Policy” – rules of personal data collection, storage, and use, developed following the applicable law.

1.16. “Prohibited Countries” means the following jurisdictions/territories: Abkhazia, Afghanistan, Azerbaijan, Bangladesh, Belarus, Bolivia, Burundi, Cambodia, Central African Republic, Crimea (region of Ukraine), Cuba, Democratic Republic of the Congo, Eritrea, Equatorial Guinea, Federal Republic of Ambazonia, Gabon, Guatemala, Guinea, Guinea-Bissau, Haiti, Honduras, Iran, Iraq, Kosovo, Kyrgyzstan, Lebanon, Libya, Madagascar, Mali, Myanmar (Burma), non-government controlled areas of Donetsk, Kherson, Luhansk and Zaporizhzhia regions (Ukraine), Nicaragua, Niger, North Korea (DPRK), Pakistan, Palestine, Paraguay, Republic of Artsakh, Russia, Somalia, South Ossetia, South Sudan, Sudan, Syria, Tajikistan, Transnistria, Tunisia, Turkmenistan, Venezuela, Yemen, Zimbabwe, and any other country or jurisdiction where the provision of such services is restricted or prohibited under applicable laws or regulations.

1.16. “Politically exposed persons” or “PEP” – natural persons who are or who have been entrusted with prominent public functions as well as their family members or close associates of such persons.

These and other terms are used in the meaning as defined by the legislation of Canada.

2. SUBJECT OF THE AGREEMENT

2.1. This Agreement defines the terms and conditions under which the Company provides the Client with services on over-the-counter exchange of digital and fiat assets by means of individual support of transactions.

2.2. The Service Company facilitates direct, over-the-counter Crypto-assets and fiat exchange transactions between verified Clients and counterparties. The Service does not include custody, wallet services, or investment advice. The Service Company acts solely as an intermediary and not a counterparty to any transaction unless explicitly stated otherwise in a written agreement.

2.3. OTC services include:

2.3.1.Receiving an application from the Client to perform an OTC transaction;

2.3.2. Agreement of transaction parameters (rate, volume, settlement method);

2.3.3. Verification of the Client (if necessary);

2.3.4. Receiving funds from the Client and transferring the agreed equivalent in another form of asset;

2.3.5. Providing confirming information about the completed transaction.

2.4. The OTC Services can be provided using the following two methods (hereinafter referred to as the “Methods”):

Execution of Orders on behalf of Clients. This method applies when a suitable counterparty is available, and the price is mutually agreeable to all parties involved. In such cases, the Company executes the Orders directly on behalf of the OTC Client (hereinafter referred to as the “Order Execution”). For Order Execution, the Company directly executes the Order on behalf of the OTC Client. This involves identifying and engaging a suitable counterparty to achieve the best market conditions. The Company notifies the OTC Client about the selected counterparty, ensuring transparency and optimal results. This Method allows for real-time execution without the need to aggregate or transfer assets to external exchanges.
Reception and Transmission of Orders for crypto-assets on behalf of Clients. This is a traditional approach where the Company takes the OTC Client’s Order along with all specified parameters and preferences (e.g., market orders, limit orders, etc.) and forward it to professional exchanges where the Company is authorized and accredited (hereinafter referred to as the “Order Transfering”).

In cases where the OTC Client opts for the Order Transferring Method, the Company receives the Order, consolidates it, and transmits it to Supporting Exchanges, acting as liquidity providers. The Company ensures efficient and compliant execution by selecting the platform offering the most favorable conditions for the OTC Client. The Company’s role goes beyond simply arranging a transaction between the exchange and the OTC Client; it actively participates in the conclusion and execution of Orders, providing a trusted intermediary service.

2.5. The Company accepts various Order types for Crypto-assets, the primary order types include:

Market Order, which is an Order to buy or sell a Crypto-asset immediately at the best available current price.
Limit Order, which is an Order to buy or sell a Crypto-asset at a specific price or better. This type of Order ensures a particular price but does not guarantee execution.

2.6. In order to receive the OTC Services (Order Execution or Order Transferring), the OTC Client shall send Crypto-assets to the Company`s wallet or fiat funds to the Company`s banking account in respect of which the OTC Client has placed the Order.

2.7. The Company renders OTC services exclusively within the framework of individual interaction with the Client via secure communication channels (e.g., Telegram, e-mail, etc.).

3. ACCEPTANCE OF THE OFFER

3.1. By accessing, registering on, or using the Platform, You confirm that You have read, understood, and agree to be legally bound by these Terms of Use, as well as any related policies and notices referenced herein. Your continued use of the Platform constitutes your express acceptance of these Terms.

3.2. You are deemed to have accepted and agreed to these Terms by undertaking any of the following actions:

3.2.1. Creating an account on the Platform;

3.2.2. Accessing or browsing any section of the Platform;

3.2.3. Utilizing any of the Services provided by the Company;

3.2.4. Making any payment to or through the Platform;

3.2.5. Initiating contact with our team for the purpose of accessing Services;

3.2.6. Continuing to use the Platform after being notified of any changes to these Terms, Privacy Policy, Anti-Money Laundering and Counter-Terrorist Financing Policy, Cookies Policy etc.

3.3. If you do not agree to these Terms, you must immediately cease using the Platform and any associated Services. Use of the Platform without accepting these Terms is strictly prohibited.

4. RIGHTS AND OBLIGATIONS OF THE PARTIES

4.1. The Company is obligated:

4.1.1. Operate in compliance with applicable Canadian laws;

4.1.2. Provide the Client with OTC services in accordance with the terms and conditions of this Agreement and applicable law;

4.1.3. Provide the Client with complete and reliable information about the parameters of the transaction, including the exchange rate, commission (if applicable), execution term and settlement methods;

4.1.4. Ensure safety and confidentiality of personal data provided by the Client in accordance with the confidentiality policy;

4.1.5. Timely fulfil its obligations to transfer assets after receiving funds from the Client;

4.1.6. If necessary – to carry out Client verification (KYC) and risk assessment (AML) procedures, requesting the relevant documentation;

4.1.7. Provide the Client with access to the support service and communication channels for prompt resolution of technical or organisational issues.

4.2. The Client is obligated:

4.2.1. Provide accurate and up-to-date information when making an application and (if necessary) during the verification process;

4.2.2. Use the OTC-service only for legitimate purposes and refrain from attempts to legalise proceeds of crime;

4.2.3. Do not use the service to finance terrorism, evade sanctions restrictions, trade in prohibited goods, finance illegal activities or other actions contrary to the law;

4.2.4. Immediately inform the Company in case of a change of his contact details or suspicion of compromising his data;

4.2.5. Do not attempt to interfere with the operation of the Platform, bypass restrictions, apply automated scripts, hack or test vulnerabilities of the service;

4.2.6. Independently be responsible for payment of all applicable taxes, fees and other obligatory payments related to the use of the service and receipt of income;

4.2.7. Maintain confidentiality of credentials and communications with the Service Company;

4.2.8. Bear all risks associated with price fluctuations and regulatory changes.

4.2.9. Follow the Company’s policies when using the Services

4.3. Company’s rights:

4.3.1. Refuse to execute transactions or establish/continue a business relationship if the Client is subject to sanctions, suspected of involvement in money laundering or terrorist financing, or if their risk profile exceeds the thresholds set by the Company or relevant legislation;

4.3.2. Refuse, suspend, or cancel the transaction if the Client fails to submit required documentation, provides false or incomplete information, withholds details about ultimate beneficial owners, or attempts to avoid disclosure etc.;

4.3.3. Make changes to the terms and conditions of this Terms of Use with prior notice to the Client;

4.3.4. Request additional documents and information within the framework of internal compliance control.

4.4. Client’s rights:

4.4.1. To receive OTC Services in accordance with this Agreement;

4.4.2. To receive information about the status of his application and the current conditions of OTC-transactions;

4.4.3. To contact the Company’s support service with any questions concerning the service operation;

4.4.4. To refuse to execute the transaction until its conditions are confirmed by both parties;

5. PROHIBITED ACTIVITIES

5.1. Clients are strictly prohibited from using the Services or the Platform in connection with any activities that the Company, in its sole discretion, deems unlawful, abusive, unethical, or otherwise harmful, i.e. Prohibited Activities.

5.2. Clients are advised to contact the Company in case of any doubt regarding the permissibility of their intended use.

5.3. The list below is illustrative and non-exhaustive:

5.3.1. Illegal or unregulated commercial activities:

distribution of child sexual abuse materials or other obscene content;
provision or facilitation of prostitution, escort services, or pornography-related platforms;
gambling, betting, lottery, or similar games of chance, unless explicitly permitted and licensed by applicable law;
trading or trafficking in counterfeit goods, unauthorized pharmaceuticals, or stolen property;
unlicensed sale of tobacco, alcohol, weapons, munitions, explosive materials, toxic or radioactive substances;
sale of narcotics or controlled substances and equipment for their production or use;
unauthorized or unlicensed provision of financial services, including forex trading, pyramid schemes, Ponzi schemes, or high-yield investment programs;
any business that violates export/import restrictions or trade embargoes.

5.3.2. Fraud, deception, and high-risk behavior:

impersonation of other individuals or entities;
use of false identity documents or falsified verification information;
unauthorized access to other accounts;
submission of intentionally misleading, incomplete, or fraudulent documentation;
artificially inflating transaction volume or engaging in wash trading or other market manipulation.

5.3.3. Money laundering, sanctions, and terrorist financing. The Company maintains a strict zero-tolerance policy against any activities that may facilitate money laundering, terrorist financing, or sanctions evasion. This includes:

using the Platform to transfer Crypto-assets or fiat funds related to criminal proceeds;
attempting to obscure the origin, destination, or purpose of fiat funds or/and Crypto-assets;
engaging with jurisdictions, persons, or entities subject to international sanctions, including those imposed by Canada, the United Nations, OFAC, the EU or other applicable authorities.

5.3.4. Infringement of Intellectual Property:

violating the Intellectual Property Rights of the Company or third parties;
misusing the Company’s trade name, logo, or branding without prior written permission;
reproducing, modifying, decompiling, or reverse engineering any part of the Platform.

5.3.5. Abuse of Platform infrastructure:

introducing viruses, malicious code, or other disruptive technologies;
interfering with Platform functionality or attempting to bypass security features;
overloading, scraping, or crawling the Platform or its servers without authorization;
reselling access to the Services without Company approval.

5.3.6. Other prohibited goods and services. Clients may not use the Platform to buy, sell, or facilitate the transfer of:

human organs or remains;
cultural or historical artifacts restricted by local or international law;
live animals prohibited under CITES or national protection laws;
government-issued identification documents or forged credentials;
precious metals, stones, or cash equivalents obtained unlawfully.

5.3.7. Minors and incapable persons. The Service is prohibited for use by persons under 18 years of age, as well as persons recognised as incapable of using the Service in accordance with applicable law.

In case of detection of the fact of using the Service by a minor or incapable person, the Company reserves the right to immediately stop providing services and, if necessary, to notify the competent authorities.

5.4. The Company reserves the right to investigate any suspected breach of this Section. Where such breach is confirmed or reasonably suspected, the Company may, at its sole discretion:

refusal to carry out the transaction;
blocking of the account/application;
transfer of information to financial monitoring bodies and law enforcement authorities.
take legal action to recover damages or protect its rights.

Company will issue notice of such enforcement where legally permitted to do so.

6. KYC FOR INDIVIDUAL CLIENTS AND KYB FOR CORPORATE CLIENTS

6.1 For individuals:

The Client completes the KYC procedure through a partner KYC platform, Allpass.ai – this is an automated system that includes:

6.1.1. A document confirming the identity: Passport, ID card or driver’s license;

6.1.2. Confirmation of the address of residence: Utility bill (e.g., electricity, water, phone), dated within the last 3 months, lease agreement, bank statement indicating the address;

6.1.3. Confirmation of the source of income: Tax returns, bank statements, employment contract or salary statements;

6.1.4. Email confirmation;

6.1.5. Passing the Liveness Check – video or photo selfie for comparison with the document;

6.1.6. Checking with sanctions databases, PEP, watchlist, and other sources.

6.2. For legal entities:

The company director fills out an extended questionnaire. The verification process takes place in 4 stages:

6.2.1. Filling out a questionnaire with company information. This stage involves the KYB procedure, during which you must answer questions about the company’s structure and activities, provide information about the director and UBO, and upload the requested documents;

6.2.2. Confirmation of the email address. You will need to enter your email address for verification. The system will send you a six-digit confirmation code;

6.2.3. Identity Verification. At this stage, you need to upload a document that confirms your identity (Passport, ID card, Residence permit, etc.);

6.2.4. Liveness Check. During this stage, you will need to take a selfie and follow a few simple instructions according to the prompts on the screen.

6.3. Before starting the verification process, the relevant person must make sure that they have the following documents ready:

6.3.1. Identity document: Passport, ID card or driver’s license.

6.3.2. Confirmation of the company’s address and confirmation of the directors/shareholders’ address: Utility bil (e.g., electricity, water, phone), dated within the last 3 months, lease agreement, etc.

6.3.3. Document confirming the status of the company’s director;

6.3.4. Document confirming the company’s UBO status;

6.3.5. Document confirming the active status of the legal entity.

6.4. Two key systems are used to monitor compliance with the AML policy: the KYC platform and the transaction monitoring program. Both systems provide multi-level control and generate reports for internal monitoring and, if necessary, for transmission to the regulator.

6.5. After successfully completing KYC, the Client is sent a Crypto-assets purchase and sale agreement, which is signed via an electronic document signing platform or manually. This agreement regulates the terms of a specific transaction: volume, payment method (fiat or crypto), order type (market/limit), and even the execution method – through a counterparty or using an exchange. After signing the agreement, the Client gains access to OTC services.

7. FEES

7.1. Fees for Services rendered by the Company will be disclosed prior to the execution of any transaction. We may charge:

7.1.1. Exchange fees (percentage-based or fixed);

7.1.2. Processing and handling fees;

7.1.3. Compliance or account maintenance charges (if applicable).

7.2. The Company is committed to full transparency in all matters relating to fees. Clients are always provided with clear, up-to-date information regarding applicable fees before initiating any transaction or service request.

7.3. This approach ensures that Clients can make informed decisions and avoid any unexpected charges. No transaction or service execution occurs without the Client’s prior awareness and consent to the applicable fees.

7.4. Material changes to the Terms will be communicated through publication on the Platform and/or via official communication channels such as E-mail, Telegram, or other methods designated by the Company. Unless stated otherwise, such revisions shall take effect immediately upon publication.

8. DISCLAIMERS AND LIMITATIONS OF LIABILITY

8.1. The Platform and Services are offered “as is” and “as available,” without any express or implied guarantees regarding their performance, accessibility, reliability, or fitness for a specific use. The Company does not warrant or represent that:

8.1.1. the Services will operate without interruptions, delays, security issues, or errors;

8.1.2. any identified bugs or faults will be resolved;

8.1.3. the Platform will function properly on all devices, operating systems, or networks;

8.1.4. the use of Services will yield any particular result, profitability, or suitability for the Client’s intended purpose.

8.2. To the fullest extent allowed by applicable law, the Company disclaims all warranties, whether express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement.

8.3. The Company shall not be held liable for:

8.3.1. any loss of income, profits, or potential business opportunities;

8.3.2. any loss of data, crypto-assets, or account access;

8.3.3. any indirect, incidental, special, consequential, or punitive damages;

8.3.4. any delays, disruptions, or service failures arising from third-party services, blockchain networks, banking institutions, or force majeure events;

8.3.5. force majeure events (cyberattacks, sanctions, system failures);

8.3.6. errors made by the Client in transaction details;

8.3.7. tax implications resulting from transactions.

8.4. The Company’s total liability for any claims related to the use of the Platform or Services shall be limited to the total amount of Fees paid by the Client to the Company within the six (6) months prior to the event giving rise to such claim.

Some jurisdictions may restrict the exclusion of warranties or the limitation of liabilities. In such cases, the above limitations shall apply only to the extent permitted by the relevant laws.

9. DATA PROTECTION AND PRIVACY

9.1. The Company collects, processes, uses, stores, and discloses personal information when you access or use our Platform or any related Services.

9.2. There are two types of data that You can share with us when You use our Services:

personal data that You voluntarily share; and
data that is collected automatically by Your use of our Services.

9.3. Personal data is processed under Personal Information Protection Act (hereinafter referred to as “PIPA Alberta”) and Personal Information Protection and Electronic Documents Act (hereinafter referred to as “PIPEDA”)

The Client grants consent for:

9.3.1. Collection and processing of their personal data for the following lawful purposes:

provision of the Service as outlined in this Agreement;
identification and verification procedures;
compliance with applicable financial, regulatory, and tax legislation;
communication with the Client regarding the Service;
internal risk assessment, fraud prevention, and dispute resolution.

9.3.2. The Client agrees that their personal data may be shared, where necessary:

with subcontractors, payment processors, or technical providers involved in Service delivery, under appropriate data protection safeguards;
with regulatory authorities or competent state bodies upon a lawful request, or when required by applicable law;
with external auditors or legal consultants, subject to confidentiality obligations.

9.3.3. Retention of Client personal data for a period of five (5) years following the termination of the Agreement or the final provision of Services, in compliance with AML/CTF legal requirements.

After this retention period expires, the data will be securely deleted or anonymized, unless further storage is legally mandated or justified for the protection of the Company’s legal interests.

9.4. Our Commitment:

9.4.1. Data Collection: The Company collects personal data to offer secure, efficient, and personalized Services. This includes data that Clients provide voluntarily and data collected automatically through Clients interactions with our Platform.

9.4.2. Use of Data: Clients personal data is used to improve our Services, communicate with Clients, comply with legal obligations, and safeguard Clients rights.

9.4.3. Clients Rights: Clients have the right to access, rectify, erase, restrict, and port Client data, among other rights outlined in Our comprehensive Privacy Policy.

9.5. The Company undertakes to ensure the confidentiality and protection of all personal data, transaction information and other information received from the Client within the framework of using the Platform.

9.6. The Company stores personal data only for the above-specified period and takes all reasonable measures to protect them from unauthorized access, loss, modification or distribution.

9.7. The Client agrees to the processing of their personal data upon acceptance of this Agreement and has the right to revoke consent at any time by sending a corresponding notice to the Company. However, in this case, the provision of services may be limited or terminated.

9.8. The Company uses modern technical and organizational security measures, which are described in more detail in the Privacy Policy.

10. FORCE MAJEURE

10.1. The Company shall not be held liable for any delay or failure in fulfilling its obligations under these Terms due to events beyond its reasonable control (“Force Majeure Events”). Such events may include, without limitation: natural disasters or extreme weather conditions; acts of God; war, armed conflict, terrorism, or civil disturbances; outbreaks of epidemics or pandemics; governmental or regulatory restrictions or directives; labor strikes, industrial disputes, or disruptions in supply chains; technical malfunctions, cyber incidents, or interruptions to internet or blockchain infrastructure, etc.

10.2. During the occurrence of a Force Majeure Event, the Company’s obligations shall be deemed suspended for the duration of such event. The Company will use reasonable efforts to restore normal operations at the earliest opportunity.

10.3. Clients acknowledge and accept that any delays, interruptions, or unavailability of the Services resulting from a Force Majeure Event shall not give rise to any right to compensation, reimbursement, or legal claims against the Company.

11. GOVERNING LAW AND DISPUTE RESOLUTION

11.1 These Terms, along with any disputes or claims arising from or relating to their interpretation, enforcement, or the use of the Platform, shall be governed by and interpreted in accordance with the laws of Canada.

11.2. Prior to initiating any legal action, both Parties agree to make reasonable efforts to resolve disputes through sincere and constructive negotiations. Clients are encouraged to first reach out to the Company’s Support Team to seek a resolution.

Should the Parties be unable to reach an amicable resolution within thirty (30) days, either Party may escalate the matter to the appropriate courts located in Canada, with jurisdiction over the Company’s registered office.

11.3. This clause does not restrict the Company’s right to pursue injunctive or equitable relief, or to enforce its rights, in any jurisdiction where the Client or their assets may be located.

12. INTELLECTUAL PROPERTY RIGHTS

12.1. All Intellectual Property Rights associated with the Platform or the Company are and shall remain the exclusive property of the Company or its licensors.

12.2. Except as expressly permitted under these Terms, Clients shall not:

copy, reproduce, distribute, modify, reverse engineer, disassemble, decompile, or otherwise attempt to derive source code from the Platform;
use any Company name, trademark, or logo without prior written consent;
create derivative works based on the Platform or any part thereof;
remove, obscure, or alter any proprietary notices contained on the Platform or in any materials provided.

12.3. Clients are granted a limited, non-exclusive, non-transferable, and revocable license to access and use the Platform solely for lawful purposes in accordance with these Terms. This license does not grant any ownership rights or interests.

12.4. All rights not expressly granted are reserved by the Company.

12.5. Any unauthorized use of the Platform or its Intellectual Property may result in termination of Services, legal action, and liability for damages.

13. AMENDMENTS AND NOTICES

13.1. The Company reserves the right to revise, update, or modify these Terms at any time, either partially or in full, to accommodate changes in applicable legislation, technological advancements, business operations, or others.

13.2. Material changes to the Terms will be announced by publication on the Platform and/or through official communication channels such as email, Telegram or other methods specified by the Company. Unless otherwise specified, such changes will take effect immediately upon publication on the Platform, and such publication will be read as appropriate to notify Clients of the changes.

13.3. By continuing to access or use the Services following the implementation of updated Terms, the Client affirms their acceptance and agreement to be legally bound by the revised Terms. If the Client disagrees with any modifications, they must discontinue use of the Services without delay and may request deactivation of their Account and associated access rights.

13.4. All official notifications from the Company shall be considered effectively delivered when sent to the most recent contact information provided by the Client, whether during initial onboarding or via later updates. Clients are solely responsible for maintaining the accuracy and completeness of their contact details at all times.

13.5. The Company shall not be held accountable for any failure to deliver notices resulting from outdated or incorrect contact information.

All notices and communications under these Terms shall be conducted in English, unless expressly agreed otherwise by both Parties.

14. TERM AND TERMINATION

14.1. This Agreement is a public offer and comes into force from the moment of its acceptance by the Client.

14.2. The Agreement is valid indefinitely until its termination by one of the parties in the manner prescribed by these terms.

14.3. The Client has the right to refuse to use the Service at any time and thereby terminate this Agreement, having previously completed all unfinished transactions and settled obligations to the Company.

14.4. Clients have the option to delete account information at any time and thereby terminate the contract with the Company by contacting our dedicated support team. Upon receiving a deletion request, our support team will assist Clients in the process of deleting account information.

14.4. The Company has the right to terminate this Agreement unilaterally in the following cases:

14.4.1. if the Client violates the provisions of this Agreement;

14.4.2. if there is a suspicion of illegal or fraudulent activity;

14.4.3. if violations of sanctions, currency or tax legislation are detected;

14.4.4. if it is technically impossible to continue providing services;

14.4.5. if the Service is terminated.

14.5. Any transactions in progress at the time of termination will be completed or refunded.

15. CONTACT DETAILS

Axis Protocol Inc.
Registered Office: 700-602 12 AVE SW, Calgary, Alberta, T2R1J3, Canada
Email: officialaxisprotocol@gmail.com
Company Registration Number: 2027786017
Contact Person: Roman Moroz

By accessing and/or using the Website or the Services, You are indicating your acceptance to be bound by the Terms of Use. If you do not agree to accept and abide by these Terms of Use you should not access or use this Website or the Services.