Terms of Service

1. Introduction

These Terms of Service (“Terms”) govern your access to and use of the digital asset trading platform and related services provided by SKVQ Exchange (“we,” “our,” or “the platform”). By registering an account, accessing, or using any part of our services, you agree to be legally bound by these Terms.

SKVQ Exchange is a digital asset services platform legally registered in the United States under the Money Services Business (MSB) framework. As such, these Terms and any disputes arising from them shall be governed by and construed in accordance with the laws of the United States, without regard to conflict of law principles.

You must read these Terms carefully before using the Services. By accessing the platform, you confirm that:

You are at least 18 years of age and have full legal capacity to enter into binding contracts;

You are not a resident, citizen, or entity from a jurisdiction where the use of digital asset services is prohibited by law, regulation, or sanctions, including but not limited to jurisdictions listed under United States OFAC sanctions or equivalent international restrictions;

You are not accessing the platform from a country or region designated as a restricted territory by the platform;

You will use the Services in compliance with all applicable local, national, and international laws and regulations.

We expressly prohibit use of the platform by individuals or entities who fail to meet these eligibility requirements, and we reserve the right to suspend or terminate access without prior notice if such conditions are breached.

These Terms incorporate, by reference, our Privacy Policy, Risk Disclosure Statement, and API Usage Policy, each of which governs aspects of your use of the Services. Continued use of the platform constitutes acceptance of all applicable terms and policies.

We may amend these Terms at any time. When we do, the updated version will be published with a new effective date. Your continued use of the Services after such changes constitutes your acceptance of the revised Terms.

 

2. Eligibility and Account Registration

2.1 Legal Eligibility

To use the SKVQ Exchange platform and access its Services, you must satisfy all of the following conditions:

You are at least eighteen (18) years old or the legal age of majority in your jurisdiction, whichever is higher;

You have full legal capacity and authority to enter into binding agreements;

You are not a resident, citizen, or entity of any jurisdiction where the use of digital asset services is restricted or prohibited by law, regulation, sanctions, or enforcement action;

You are not subject to any trade restrictions, sanctions, embargoes, or blacklists issued by the United States, the United Nations, the European Union, or any other applicable governmental or regulatory authority.

SKVQ Exchange strictly prohibits access to its Services by individuals or entities located in, incorporated in, or otherwise associated with the following jurisdictions, including but not limited to: North Korea, Iran, Syria, Cuba, Crimea Region, and any other jurisdiction listed under U.S. OFAC sanctions or applicable international regulatory restrictions.

We do not knowingly provide Services to individuals under the age of 18. If we become aware that a user is underage, we will take steps to terminate the account immediately.

2.2 Account Creation and Verification

To use the Services, you must create a verified user account. Account registration requires you to:

Submit accurate and truthful identification and contact information;

Pass identity verification checks in accordance with applicable KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations;

Agree to these Terms, our Privacy Policy, and any applicable risk disclosures.

All information provided must be current, complete, and truthful. You are responsible for updating your account details promptly if any changes occur.

We reserve the right to refuse, restrict, or terminate your account access if any eligibility conditions are violated or if we have reason to believe your information is false, incomplete, or associated with restricted jurisdictions.

2.3 Governing Law and Platform Jurisdiction

SKVQ Exchange is legally registered in the United States under the Money Services Business (MSB) regime. As such, all legal matters, including dispute resolution and platform operation, shall be governed by the laws of the United States. You agree that jurisdiction for any legal claim shall rest exclusively in a competent U.S. venue, unless otherwise agreed by both parties.

 

3. Platform Use and API Access Policy

3.1 Permitted Use of the Platform

You agree to use the SKVQ Exchange platform solely for lawful purposes in accordance with these Terms and applicable law. You must not:

Use the platform to engage in any illegal activity, including but not limited to money laundering, terrorist financing, fraud, or tax evasion;

Attempt to interfere with the normal operation of the platform, its security mechanisms, or trading engines;

Use any automated system, script, bot, or similar technology without prior authorization, except through official API access channels;

Provide false, misleading, or outdated information during account creation, verification, or use.

You are solely responsible for the security of your account credentials and any activity conducted under your account.

3.2 API Access and Usage Policy

SKVQ Exchange offers access to its trading system and account functionalities via application programming interfaces (“APIs”) for eligible users. By using our APIs, you agree to the following terms:

1. Eligibility and Registration

API access is available to verified users only and may require a separate application or approval process;

We reserve the right to deny, limit, or revoke API access at our sole discretion.

1. Acceptable Use
   You must not use the APIs to:

Conduct abusive trading behavior, including high-frequency strategies that cause system stress or violate fair market use;

Circumvent account limitations, trading rules, or security protections;

Collect data for unauthorized third-party redistribution, commercialization, or analytics;

Operate shadow systems or proxy platforms that imitate, replicate, or directly compete with SKVQ Exchange.

1. Rate Limits and Security

You agree to observe API rate limits and usage guidelines as published by the platform;

You are responsible for maintaining the confidentiality of your API keys and will notify us immediately if unauthorized access is suspected;

Misuse of the API, whether intentional or not, may result in suspension of access, account termination, or legal action.

1. Monitoring and Enforcement
   We may monitor API usage for compliance, and we reserve the right to throttle, suspend, or revoke access at any time to protect platform performance and user experience.
2. Disclaimer
   API services are provided “as is” and without warranty. We do not guarantee uptime, latency, or uninterrupted availability of API services. Users must assume full responsibility for the integration and impact of API interactions on their systems.

 

4. Trading, Deposits, Withdrawals, and Fees

4.1 Trading Conduct

By placing orders on SKVQ Exchange, you acknowledge and agree that:

All orders are executed on a best-effort basis, subject to liquidity, network conditions, and platform availability;

Orders may be delayed, partially filled, or rejected due to system or market constraints;

It is your responsibility to confirm the accuracy of order details before submission;

Platform trading tools (e.g., limit orders, market orders, stop-loss) are provided as-is and carry no guarantee of execution outcome.

You agree not to engage in market manipulation or unfair trading practices, including but not limited to wash trading, spoofing, pump-and-dump schemes, or front-running.

SKVQ Exchange reserves the right to suspend trading pairs, limit account activity, or cancel open orders to preserve market integrity or comply with regulatory obligations.

4.2 Deposits and Funding

Supported digital assets and payment methods may vary by jurisdiction and account type. You agree to:

Deposit only assets that are explicitly supported and approved by the platform;

Verify all deposit information before initiating a transfer;

Acknowledge that blockchain confirmations may delay deposit processing;

Ensure that the funding source is legitimate and under your control.

Deposits from prohibited sources or unsupported assets may be rejected or subject to compliance review, with return of funds not guaranteed.

4.3 Withdrawals

You may initiate withdrawals of eligible digital assets, subject to:

Completion of identity verification and compliance checks;

Sufficient platform liquidity and system availability;

Withdrawal limits applicable to your account tier and jurisdiction;

Submission of accurate withdrawal addresses and details.

We may delay, limit, or deny withdrawal requests in the following cases:

Security alerts or suspicious activity;

Regulatory holds or legal notices;

Force majeure or third-party infrastructure failure.

SKVQ is not responsible for losses arising from user error, such as incorrect wallet addresses, unsupported tokens, or compromised destination wallets.

4.4 Fees and Charges

You agree to pay all fees associated with your use of the Services, including but not limited to:

Trading fees (maker/taker structure);

Deposit and withdrawal processing fees;

Blockchain network transaction (gas) fees;

Premium service or API-related subscription charges (if applicable).

Fee schedules are published on the platform and may change at any time. It is your responsibility to review current fees before using the Services. Continued usage constitutes acceptance of any updated fees.

Fees may be deducted automatically from your account balance at the time of the transaction.

 

5. Account Suspension, Termination, and Restricted Jurisdictions

5.1 Right to Suspend or Terminate

SKVQ Exchange reserves the right to suspend, restrict, or terminate your account at any time, with or without notice, under any of the following circumstances:

You have violated these Terms or any other applicable policies;

You have submitted false, misleading, or incomplete information during registration or verification;

Your use of the platform raises regulatory, security, or reputational concerns;

You are suspected of engaging in prohibited activities, including fraud, money laundering, or market manipulation;

You fail to comply with our identity verification requirements or transaction monitoring procedures.

Account suspension may result in restricted access to trading, deposits, withdrawals, API services, and communication features. Termination may involve full deactivation of your account and forfeiture of non-withdrawable balances, subject to legal review.

5.2 Voluntary Account Closure

You may request to close your account at any time by submitting a request via your user dashboard. Upon receiving your request, we may:

Verify your identity and ensure all obligations have been met;

Require you to withdraw eligible balances within a specified time;

Retain certain data for compliance, audit, or regulatory purposes.

Account closure is irreversible. Once closed, you will lose access to all platform functions, transaction history, and communication logs.

5.3 Restricted Jurisdictions

SKVQ Exchange does not offer Services to individuals or entities located in, incorporated in, or otherwise associated with any of the following jurisdictions:

Countries or regions subject to U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctions, such as North Korea, Iran, Cuba, Syria, Crimea, and others;

Jurisdictions with regulatory prohibitions or bans on cryptocurrency services;

Any area identified by us as high-risk, non-cooperative, or otherwise prohibited.

We reserve the right to expand or revise this list at any time to comply with regulatory changes or internal risk assessments. Accessing the platform from a prohibited region may result in immediate account suspension and asset lockdown.

5.4 Age Restriction

The platform is not intended for or directed toward individuals under the age of 18. By creating an account, you affirm that you are at least 18 years old or the legal age of majority in your jurisdiction.

We will promptly terminate any account found to be associated with a minor or user acting on behalf of a minor.

 

6. User Responsibilities, Representations, and Lawful Conduct

6.1 User Commitments

By using the SKVQ Exchange platform, you represent and warrant that:

You are at least 18 years old or of legal age in your jurisdiction and are not accessing the platform from a prohibited country or region;

You are not listed on any government or international sanctions lists, including but not limited to the OFAC, UN, or EU;

You are acting on your own behalf and not on behalf of any third party without explicit legal authority;

You are not accessing the platform for unlawful, abusive, or prohibited purposes.

You agree to use the platform in accordance with all applicable laws, regulations, and these Terms.

6.2 Lawful Use Only

You may not use the platform to:

Violate any U.S. federal or state laws, or applicable international regulations;

Conduct or facilitate any form of illegal activity, including money laundering, terrorism financing, fraud, or unlicensed securities sales;

Circumvent or attempt to bypass platform restrictions, trade limitations, or jurisdiction-based access controls;

Harass, defame, abuse, or threaten other users or the platform’s staff;

Engage in deceptive, unfair, or manipulative practices in any market or asset class.

Your use of SKVQ Exchange must reflect ethical, lawful, and respectful conduct at all times.

6.3 Duty to Maintain Account Security

You are solely responsible for:

Securing your login credentials, authentication devices, and private keys (if applicable);

Notifying the platform immediately of any unauthorized access or suspected breach;

Ensuring that your device and network are secure and protected from malware or compromise;

Avoiding sharing API keys or account access with unapproved third parties.

We are not responsible for losses arising from your failure to secure your account or from your use of compromised systems.

6.4 Platform Jurisdiction and Applicable Law

SKVQ Exchange is legally registered in the United States under the Money Services Business (MSB) licensing framework. Accordingly:

All matters related to the use of this platform, including disputes, enforcement, and interpretation of these Terms, are subject to the laws of the United States;

Users accessing the platform from outside the United States acknowledge that local laws may not apply and that U.S. law governs the relationship between the user and SKVQ Exchange;

Any use of the platform contrary to U.S. law is strictly prohibited.

You agree that any legal claims or regulatory matters relating to your use of the platform shall be resolved under U.S. legal jurisdiction, unless explicitly stated otherwise by applicable regulation or treaty.

 

7. Platform Content, Intellectual Property, and Data Usage

7.1 Ownership of Content and Technology

All content and technology available on the SKVQ Exchange platform, including but not limited to the following, is the exclusive property of the platform or its authorized licensors:

Website layout, mobile application interfaces, visual design elements

Source code, trading algorithms, smart order systems, and matching engines

Logos, trademarks, service marks, brand identifiers

User documentation, analytics dashboards, educational content, and help center materials

All rights not expressly granted under these Terms are reserved.

You may not reproduce, reverse engineer, distribute, modify, or create derivative works based on any platform content without prior written authorization from SKVQ Exchange.

7.2 License to Use Platform Services

We grant you a limited, non-exclusive, non-transferable license to access and use the Services solely for lawful, personal, or authorized institutional purposes in accordance with these Terms.

You may not:

Use the platform for commercial redistribution of market data without express approval;

Misrepresent, alter, or rebrand SKVQ content as your own;

Copy, republish, or aggregate pricing data, API responses, or analytical dashboards for third-party use;

Engage in framing, scraping, or unauthorized mirroring of the platform or its interfaces.

7.3 API Data Rights and Limitations

Users who access our Services via application programming interfaces (“APIs”) agree to the following:

API data may only be used for personal or internal institutional trading purposes, unless explicitly licensed otherwise;

You may not store, resell, syndicate, or make public any SKVQ-generated market data or metadata without prior approval;

Excessive API usage or abuse (e.g., data farming, denial-of-service behavior, scraping) may result in key revocation, rate limiting, or legal action;

You must comply with all published API documentation, including versioning, authentication, and rate limit protocols.

The platform retains the right to modify or withdraw API endpoints, data fields, or access models at any time without liability or notice.

7.4 Third-Party Content and Open Source Licensing

The platform may include third-party content, links, or services. We do not control or endorse any third-party materials, and we are not responsible for their accuracy, legality, or function.

Where applicable, certain software libraries or components made available through SKVQ may be subject to separate open-source license terms. You agree to comply with those licenses in addition to these Terms.

 

8. Disclaimers, Risk Notices, and Limitation of Liability

8.1 General Disclaimers

SKVQ Exchange provides digital asset trading and related services on an “as is” and “as available” basis. We do not guarantee that the platform will be uninterrupted, error-free, or free from unauthorized access or attacks.

You acknowledge and agree that:

We do not provide investment, financial, legal, tax, or accounting advice;

All trades and financial decisions are made at your sole discretion and risk;

The availability and listing of any digital asset on the platform does not constitute endorsement or a warranty of its legality, viability, or performance;

Network delays, blockchain congestion, smart contract errors, or third-party failures may impact your experience.

We expressly disclaim all warranties, express or implied, including those related to merchantability, fitness for a particular purpose, or non-infringement.

8.2 Market Risk Notice

By using SKVQ Exchange, you understand that digital assets are highly volatile, speculative, and subject to rapid price fluctuations. You agree that:

You may lose part or all of your invested capital;

The value of your holdings may be affected by external factors such as regulation, market trends, liquidity, or security incidents;

Trading digital assets carries no guarantees, and past performance does not predict future results.

You must conduct your own research and risk analysis before making any trading decisions.

8.3 Limitation of Liability

To the maximum extent permitted by applicable law, in no event shall SKVQ Exchange, its affiliates, directors, employees, or agents be liable for:

Any indirect, incidental, punitive, special, or consequential damages;

Any loss of revenue, profit, data, or reputation;

Any failure, delay, or interruption of the Services due to force majeure or circumstances beyond our control;

Any unauthorized access, hacking, or data breach involving your account.

In any case, our aggregate liability shall not exceed the total fees you have paid to us over the twelve (12) months preceding the event giving rise to the claim.

8.4 Jurisdictional Application

This platform operates under the legal framework of the United States, the registered jurisdiction of SKVQ Exchange under its Money Services Business (MSB) status. The disclaimers and limitations above are interpreted under U.S. law. Where certain limitations are not enforceable in your jurisdiction, those provisions shall be limited or removed to the extent required, without affecting the remainder of the Terms.

 

9. Indemnification, Dispute Resolution, and Force Majeure

9.1 User Indemnification

You agree to indemnify, defend, and hold harmless SKVQ Exchange, its affiliates, employees, officers, directors, and service providers from and against any and all claims, demands, damages, liabilities, losses, costs, and expenses (including legal fees) arising out of or related to:

Your use or misuse of the Services;

Your violation of these Terms or any applicable law;

Your infringement or alleged infringement of any third party’s rights;

Any third-party access to your account due to your negligence or failure to secure your credentials or API keys.

We reserve the right to assume exclusive defense and control of any matter otherwise subject to indemnification by you, in which case you agree to cooperate fully with us.

9.2 Governing Law and Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of the United States, the jurisdiction in which SKVQ Exchange is registered under the Money Services Business (MSB) framework.

You agree that any legal action, arbitration, or dispute arising from or relating to these Terms, your use of the platform, or the Services shall be subject to the exclusive jurisdiction of competent courts or arbitration panels in the United States.

Where permitted by law, you waive any right to initiate or participate in a class action lawsuit or class-wide arbitration against the platform or its affiliates.

9.3 Dispute Resolution Process

Before initiating legal proceedings or arbitration, you agree to first contact the platform through the internal support system to attempt good-faith resolution of any claim or concern. If no resolution is reached within thirty (30) calendar days, either party may pursue formal legal or arbitration remedies.

Unless otherwise agreed, arbitration (if elected) shall be:

Administered under recognized rules such as the American Arbitration Association (AAA);

Conducted in English and seated in a legally designated location within the United States;

Final, binding, and enforceable in any court with competent jurisdiction.

9.4 Force Majeure

SKVQ Exchange shall not be held liable for any failure or delay in performance resulting from events beyond its reasonable control, including but not limited to:

Acts of God or natural disasters;

War, conflict, civil unrest, or terrorism;

Internet or blockchain network failures;

Legal or regulatory restrictions or changes in applicable law;

Epidemics, pandemics, or public health emergencies;

Third-party service interruptions or critical infrastructure breakdowns.

In the event of a force majeure situation, we will make commercially reasonable efforts to resume normal operations as soon as possible.

 

10. Final Provisions and Entire Agreement

10.1 Entire Agreement

These Terms of Service, together with the Privacy Policy, Risk Disclosure, API Usage Policy, and any other applicable legal notices or agreements provided by SKVQ Exchange, constitute the entire agreement between you and the platform regarding the use of the Services.

This agreement supersedes all prior understandings, negotiations, communications, and agreements, whether oral or written, relating to the subject matter contained herein.

You acknowledge that you have read and understood these Terms, and that you accept them in full as a legally binding agreement.

10.2 Severability

If any provision of these Terms is found to be invalid, unlawful, or unenforceable under any applicable law or regulation, such provision shall be deemed modified or severed to the extent necessary, and the remaining provisions shall remain in full force and effect.

10.3 No Waiver

No failure or delay by SKVQ Exchange in exercising any right, remedy, or power under these Terms shall be deemed a waiver thereof. Any waiver must be in writing and expressly stated as such to be legally effective.

10.4 Assignment

You may not assign or transfer any rights or obligations under these Terms without our prior written consent. We may assign, delegate, or transfer these Terms, or any rights or obligations under them, without restriction or notice to you.

10.5 Language

These Terms are written in English. If any translated version is provided for convenience, the English version shall prevail in the event of a conflict.

10.6 Regulatory Jurisdiction and Legal Venue

SKVQ Exchange is registered as a Money Services Business (MSB) in the United States, and all regulatory obligations, operational duties, and user protections are interpreted under the jurisdiction of U.S. law.

By using the Services, you agree that any matters arising out of or relating to these Terms shall be resolved under the legal framework and competent courts of the United States, unless otherwise required by applicable law.