Welcome to Solar Oil Enterprises Pvt. Ltd. (hereinafter referred to as the 'Service'). By accessing Service website found at www.solaroil.io,through a mobile device, mobile application or computer you agree to be bound by these Terms of Use (this “Agreement”). If you wish to create an account and make use of the Service, please read these Terms of Use.
You should also read the Privacy Policy, which is incorporated by reference into this Agreement and available in the Service – www.solaroil.io/privacy. If you do not accept and agree to be bound by all of the terms of this Agreement, including the Privacy Policy, do not use the Service. Service is operated by the company, Solar Oil Enterprises Pvt. Ltd..
1. Acceptance of Terms of Use Agreement. This Agreement is an electronic contract that establishes the legally binding terms you must accept to use the Service. By accessing or using the Service, you accept this Agreement and agree to the terms, conditions and notices contained or referenced herein and consent to have this Agreement and all notices provided to you in electronic form. To withdraw this consent, you must cease using the Service and terminate your account. This Agreement may be modified from time to time, such modifications to be effective upon posting in the Service. No part of the Service is directed to persons under the age of 18. You must be at least 18 years of age to access and use the Service. By accessing and using the Service, you represent and warrant that you have the right, authority and capacity to enter into this Agreement and to abide by all of the terms and conditions of this Agreement. Using the Service may be prohibited or restricted in certain countries. If you use the Service, you are responsible for complying with the laws and regulations of the territory from which you access or use the Service.
2. Creating an Account. In order to use the Service, you must sign in using your email account. If you do so, you authorize us to access certain account information, such as your Facebook or Twitter profile (consistent with your privacy settings in the same), your email address, interests, likes, gender, birthday, education history, relationship interests, current city, photos, personal description. For more information regarding the information we collect from you and how we use it, please consult our Privacy Policy.
3. Term and Termination. This Agreement will remain in full force and effect while you use the Service and/or have an account. You may disable your account at any time, for any reason, by following the instructions in the Service. The Service may terminate or suspend your account at any time without notice if the Service believes that you have breached this Agreement, or for any other reason, with or without cause, in its sole discretion. The Service is not required to disclose the reason for the termination or suspension of your account.
4. Term and Termination. This Agreement will remain in full force and effect while you use the Service and/or have an account. You may disable your account at any time, for any reason, by following the instructions in the Service. The Service may terminate or suspend your account at any time without notice if the Service believes that you have breached this Agreement, or for any other reason, with or without cause, in its sole discretion. The Service is not required to disclose the reason for the termination or suspension of your account.
5. Account Security. You are responsible for maintaining the confidentiality of the username (email) and password you designate during the registration process, and you are solely responsible for all activities that occur under your username and password. You agree to immediately notify the Service of any disclosure or unauthorized use of your username or password or any other breach of security and ensure that you log out from your account at the end of each session.
6. Your Interactions with Other Users. You are solely responsible for your interactions with other users. The service also does not inquire into the backgrounds of all of its users or attempt to verify the statements of its users. The service makes no representations or warranties as to the conduct of users or their compatibility with any current or future users.
7. Limitation on Liability. The Company, its affiliates or its partners be liable (directly or indirectly) for any losses or damages whatsoever, whether direct, indirect, general, special, compensatory, consequential, and/or incidental, arising out of or relating to the conduct of you or anyone else in connection with the use of the Service. You agree to take all necessary precautions in all interactions with the Service and other users. In addition, you agree to review and follow the Service's safety tips, located in the Service, prior to using the Service.
8. Your Interactions with Other Users. You are solely responsible for your interactions with other users. The service also does not inquire into the backgrounds of all of its users or attempt to verify the statements of its users. The service makes no representations or warranties as to the conduct of users or their compatibility with any current or future users.
9. Content Posted by You in the Service.
You are solely responsible for the content and information that you post in the Service, including text messages, chat or profile text, whether publicly posted or privately transmitted (collectively, “Content”). You may not post as part of the Service, or transmit to the Company or any other user (either on or off the Service), any offensive, inaccurate, incomplete, abusive, obscene, profane, threatening, intimidating, racially offensive, or illegal material, or any material that infringes or violates another person’s rights (including intellectual property rights, and rights of privacy and publicity). You represent and warrant that (i) all information that you submit upon creation of your account, is accurate and truthful and that you will promptly update any information provided by you that subsequently becomes inaccurate, incomplete, misleading or false.
You understand and agree that the Service may, but is not obligated to, monitor or review any Content you post. The Company may delete any Content, in whole or in part, that in the sole judgment of the Company violates this Agreement or may harm the reputation of the Service or the Company.
By posting Content as part of the Service, you automatically grant to the Service, its affiliates, licensees and successors, an irrevocable, perpetual, non- exclusive, transferable, sub-licensable, fully paid-up, worldwide right and license to use, copy, perform, display, reproduce, record, adapt, modify and distribute the Content.
Prohibited transmit or upload any material to the Site that contains viruses, Trojan horses, worms, or any other harmful or deleterious programs.
A statement that the information in the notification is accurate and under penalty of perjury, that the complaining party is authorized to act on behalf of the owner of an exclusive right that is allegedly infringed.
Prohibited take any action that imposes an unreasonable or disproportionately large load on our infrastructure, or detrimentally interfere with, intercept, or expropriate any system, data, or information
The Service reserves the right, in its sole discretion, to investigate and take any legal action against anyone who violates this provision.
10. Prohibited Activities. The Service reserves the right to investigate, suspend and/or terminate your account if you have misused the Service or behaved in a way the Service regards as inappropriate or unlawful.
11. Services Provision
The service provides you virtual platform functionality for electronic and other types of crypto currency. The service regulates transactions through the Service, granting orders procedure, operations types and order of their execution, further security fees types that charged from users during the Service operation, etc.
The service provides virtual platform to conduct operations on the next types of electronic and other types of cryptocurrency: BTC, ETH, USD. The service may open up additional directions (currencies) of operations conducting in the Service.
Operations conducting in the Service is execute on basis of the user warrant.
The information provided on Service does not constitute investment advice, financial advice, trading advice or any other sort of advice and you should not treat any of the content as such. Additionally, The information provided herein is not an offer or solicitation to buy or sell any coins. Service does not recommend that any specific cryptocurrency should be bought, sold or held by User and nothing on this website should be taken as an offer to buy, sell, or hold a cryptocurrency. The User conducts transactions on his own risk and undertakes full responsibility for their feasibility. User must conduct his own due diligence and consult your financial advisory before making any transactions. Trading or exchanging cryptocurrency entails significant risks. This risk disclosure statement cannot and does not disclose all the risks involved in purchasing, holding, or trading cryptocurrency.
Additional conditions and mechanisms of operations conducting in the Service shall be governed by additional agreements and provisions, which are placed in the Service and shall be binding for The services order in the Service is Your agreement for the services provision according to this document and other documents conditions, posted on the Service
12. Modifications may include changes to the formulas used to calculate value of SOPX, SOAX, and costs of any third party actions such as fees involved in conversions, withdrawals, exchanges, redemptions and any other user actions on the website solaroil.io.
13. Copyright Policy. You may not post, distribute, or reproduce in any way any copyrighted material, trademarks, or other proprietary information without obtaining the prior written consent of the Service.
14. Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy
AML and KYC policy applies to www.solaroil.io and its Users and has the purpose of obstruction and actively prevent money laundering and any activity that facilitates money laundering or funding of terrorist or criminal activities. The company requires its managers, employees and branches follow the principles of this Policy in order to prevent the use of their services for money laundering.
The User undertakes to comply with the legal norms including international, to combat illegal trafficking, financial fraud, money laundering and legalization of funds obtained by illegally;
Eliminate the direct or indirect participation in illegal financial activities and any other illegal transactions with by using the Site.
User guarantees the legal origin, legal ownership and right to use funds transferred by him / her to www.solaroil.io accounts. In case of suspicious or fraudulent cash replenishment, www.solaroil.io reserves the rights to block the User's account for further investigation of the suspicious transactions nature.
During the investigation Company reserves the right to request a copy of the User ID, as well as other documents confirming the legal possession and origin of funds.
The User prohibited to use the services and / or software for any illegal or fraudulent activities, or for any unlawful or fraudulent transactions including money laundering under the laws of the country the User originates from.
15. Limitation on Liability. To the fullest extent allowed by applicable law, in no event will the Service, its affiliates, business partners, licensors or service providers be liable to you or any third person for any consequential, exemplary, incidental, special or punitive damages, including, without limitation, loss of profits, loss of goodwill, corruption or breaches of data or programs, service interruptions and procurement of substitute services, even if the Service has been advised of the possibility of such damages. Notwithstanding anything to the contrary contained herein, the Service’s liability to you for any causes whatsoever, and regardless of the form of the action, will at all times be limited to the amount paid, if any, by you to the Service. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the service or the terms of this agreement must be filed within one year after such claim or cause of action arose.
16. Settlement of Disputes. The parties should resolve all claims and disputes, which may arise from these terms of use or in connection herewith, by means of negotiations. Claims or disputes that the parties are unable to settle by negotiation should be referred to the Court of the principal place of business of the Service.
17. Notices. The Service may provide you with notices, including those regarding changes to this Agreement, using any reasonable means now known or hereafter developed, including by email, regular mail, SMS, MMS, text message or postings in the Service. Such notices may not be received if you violate this Agreement by accessing the Service in an unauthorized manner. You agree that you are deemed to have received any and all notices that would have been delivered had you accessed the Service in an authorized manner.
Updated: November, 2020