1. Definitions
1.1 “FirstDex” refers to its platform and services.
1.2 “User” refers to any individual or entity accessing or using FirstDex.
1.3 “Services” refer to all functionalities provided by FirstDex, including but not limited to trading, staking, cross-chain swaps, deposits, and withdrawals.
1.4 “KYC” refers to Know Your Customer verification, which includes identity and address verification.
1.5 “AML” refers to Anti-Money Laundering regulations as mandated by the Prevention of Money Laundering Act, 2002 (PMLA) and related laws.
2. Eligibility
2.1 Users must be at least 18 years old to use FirstDex.
2.2 Users must complete the KYC verification process before accessing certain services.
2.3 By using the platform, you confirm that you are not a resident or national of any restricted jurisdiction as per Indian laws or international sanctions.
3. User Obligations
3.1 KYC Compliance: Users are required to provide accurate, up-to-date, and complete information during the KYC process. FirstDex reserves the right to suspend or terminate accounts if KYC requirements are not fulfilled.
3.2 AML Compliance: Users must ensure that funds deposited or traded on FirstDex do not originate from illegal activities. Suspicious transactions may be reported to the FIU-India as mandated by Indian law.
3.3 Prohibited Activities: Users agree not to engage in money laundering, terrorist financing, fraudulent activities, or violation of applicable laws.
4. Account Management
4.1 Account Security: Users are responsible for safeguarding private keys, wallets, and account credentials.
4.2 Account Suspension or Termination: FirstDex may suspend or terminate accounts for fraudulent activity, violation of terms, or non-compliance with KYC/AML.
5. Fees and Transactions
5.1 Transaction fees will be displayed before execution.
5.2 Blockchain transactions cannot be reversed once completed.
6. Privacy Policy
6.1 Personal data collected during KYC is handled according to our Privacy Policy and Indian data protection laws.
6.2 Information may be shared with law enforcement or regulatory authorities as required by law.
7. Regulatory Compliance
7.1 FirstDex complies with all applicable Indian laws, including PMLA, and is registered with the FIU-India.
7.2 Users must cooperate with requests for information to ensure compliance.
8. Risk Disclosure
8.1 Cryptocurrencies involve risks including market volatility and loss of funds.
8.2 Users accept these risks when using FirstDex.
9. Limitation of Liability
FirstDex is not liable for losses due to user errors, technical issues, or third-party hacks beyond its control.
10. Dispute Resolution
10.1 Any disputes are governed by Indian law.
10.2 Disputes are subject to arbitration under the Arbitration and Conciliation Act, 1996, venue in [Insert City], India.
11. Amendments
11.1 FirstDex may amend these Terms at any time.
11.2 Changes will be communicated via email or platform notifications. Continued use constitutes acceptance.
12. Contact Information
Email: support@mg.firstdex.in
By using FirstDex, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.