Welcome to OMIN!
These User Terms of Service (hereinafter referred to as the "Agreement") are entered into between you (hereinafter also referred to as the "User" or "Client") and the OMIN Trading Platform (hereinafter referred to as "OMIN", the "Platform", "we", "us" or "our Platform"). This Agreement shall govern your use of the services provided by OMIN as described below (as well as any other services that OMIN may launch from time to time; collectively referred to as the "OMIN Services" or "Services" hereinafter).
By registering for and using a OMIN account or Services, or acquiring, holding or using the wrapped tokens issued by OMIN through the OMIN official website (OMIN.co), OMIN Application Programming Interface (API), OMIN mobile application or any other OMIN websites (collectively referred to as the "Platform"), you acknowledge that you have read, understood and accepted all the terms and conditions contained in this Agreement, including our Privacy Policy.
I. Disclaimer on Securities
No information or other materials provided on the Platform shall constitute or be construed as a recommendation, endorsement, offer, invitation or solicitation for any transaction. Nor shall it constitute an offer to purchase any product or to conduct transactions related to securities, crypto assets or other products. You further understand that no information provider, including third - party service providers, will provide you with personalized advice on the nature, potential, value or suitability of any specific security, crypto asset, securities portfolio, crypto asset portfolio, transaction or investment strategy. Any information provided is not tailored to the investment needs of any particular individual.
You acknowledge that all investments in securities or crypto assets involve various risks. Discussions about any securities or crypto assets published on the Platform may not include a list or description of relevant risk factors. Please note that market conditions change rapidly; therefore, any information, content, third - party content or other materials provided through the Platform may be incomplete, outdated, or replaced by updated information. You shall bear all risks arising from making decisions based on such information.
II. Disclaimer on Professional or Investment Advice
Our Platform is not intended to provide tax, legal, insurance or investment advice. No content on the Platform shall be construed as an offer to sell, a solicitation to buy, or a recommendation of any security or crypto asset by us. You shall independently determine whether any investment, security, strategy or other product or service meets your investment objectives and personal financial situation, and shall be solely responsible for such determination and corresponding decisions. You should consult a lawyer or tax professional regarding your specific legal or tax circumstances.
III. Restricted Jurisdictions
OMIN shall not provide products or services to users in certain specific jurisdictions, including China, Singapore, the Democratic People's Republic of Korea, Cuba, Iran, the regions within Ukraine under Russian control (currently including Crimea, Donetsk and Luhansk regions), as well as other jurisdictions where the Platform may decide to terminate services from time to time (collectively referred to as the "Restricted Jurisdictions" hereinafter). If you become a resident of any Restricted Jurisdiction, or become aware of any user located in a Restricted Jurisdiction, you must notify us immediately.
You understand and confirm that if it is verified that you have made false statements regarding your location or place of residence, OMIN reserves the right to take appropriate measures, including the immediate termination of your account and the liquidation of all open positions, to comply with these restrictions or the laws of the relevant jurisdictions.
In addition, we shall not provide services to individuals or entities listed on the U.S. Department of the Treasury's Specially Designated Nationals and Blocked Persons List, the European Union's Consolidated Financial Sanctions List, or the United Kingdom's Sanctions List, nor to entities in which individuals or entities on the aforementioned lists hold 50% or more of the equity (or exercise actual control) (collectively referred to as the "Prohibited Parties" hereinafter). We also shall not provide services involving Prohibited Parties or confer benefits on them. You understand that the Company reserves the right to take appropriate measures, including the immediate termination of accounts and the liquidation of all open positions, to comply with these restrictions or the laws of the relevant jurisdictions.
IV. Risk Disclosure for Digital Asset Transactions
Before engaging in any trading activities or using our Services, you must fully understand and assess the risks associated with digital asset transactions. Before participating in digital asset transactions, you must carefully evaluate your own risk - bearing capacity.
Despite the foregoing warnings, when using our Services, you may still be exposed to risks in terms of policy, compliance, investment returns, transactions, force majeure and other aspects. The following is a non - exhaustive list of such risks:
Policy Risk: Adjustments to national laws, regulations or macro - policies may affect the normal trading of digital assets, resulting in losses to OMIN users.
Compliance Risk: If a user's digital asset trading activities violate national laws and regulations, the user may suffer losses.
Investment Return Risk: The digital asset market is characterized by 24/7 non - stop trading and significant price volatility, and users may incur losses in the market.
Transaction Risk: The success of your transfer depends on whether both parties to the transaction reach an agreement. OMIN does not promise or guarantee the success of any transfer.
Force Majeure Risk: In the event of unforeseeable, unavoidable and insurmountable circumstances such as natural disasters, wars, strikes and cyberattacks, OMIN may be unable to operate normally, which may in turn cause losses to users. OMIN shall not be liable for any civil liability for user losses caused by force majeure.
Delisting Risk: If a digital asset project is faced with bankruptcy, liquidation or dissolution, violates national laws and regulations, or at the request of the project party, OMIN will delist the digital asset, which may lead to losses for users.
Technical Risk: Although the probability of technical failures occurring during digital asset transactions is low, such a possibility cannot be completely ruled out. The occurrence of technical failures may affect user rights and interests.
Operational Risk: Users may face risks due to operational errors, such as transferring funds to the wrong account or violating operational rules.
Account Freezing Risk: If a user is involved in debt fraud or accused of criminal activities, their account may be frozen or compulsorily confiscated by judicial authorities.
V. Eligibility and Registration
By registering for a OMIN account, using or accessing the OMIN Services, you represent and warrant that:
If you are an individual, you have reached the legal age for entering into binding contracts as stipulated by applicable laws.
Whether you are an individual, a legal person or another organization, you have full capacity for civil conduct and sufficient authorization to sign this Agreement.
Your right to use the OMIN Platform or related Services has not been previously suspended or prohibited.
You do not currently hold any other OMIN accounts.
You are not located in any Restricted Jurisdiction, have not accessed the OMIN Platform or Services from any Restricted Jurisdiction, and are not acting on behalf of any individual or legal person located in a Restricted Jurisdiction.
If you are an employee or agent of a legal entity and sign this Agreement on behalf of such entity, you represent and warrant that you have sufficient right and authorization to bind the legal entity and to access and use the OMIN Platform and Services on its behalf.
Your use of the OMIN Platform and Services does not violate any laws or regulations applicable to you or the legal entity you represent, including but not limited to regulations related to anti - money laundering, anti - corruption and counter - terrorist financing.
All users must apply for a OMIN account before using the OMIN Services. When registering an account, you must provide the information required by this Agreement or otherwise requested by OMIN, and accept this Agreement, the Privacy Policy and other legal documents of OMIN. OMIN reserves the right to refuse to open an account for you at its sole discretion.
You agree to provide complete and accurate information when opening an account, and to update the information provided to OMIN in a timely manner to ensure its completeness and accuracy. Each user (including natural persons, enterprises and legal entities) may hold only one primary account at any time. Unless otherwise specified in this Agreement or other legal documents, the registration, use, protection and management of such trading accounts shall be governed by the terms of this Agreement.
Please note that legal requirements in different countries may impose restrictions on the products and services that OMIN can legally provide. Therefore, some products, services and specific functions on the OMIN Platform may be unavailable or restricted in certain jurisdictions or for certain users. It is your responsibility to understand and comply with the restrictions and/or requirements imposed by the relevant countries on the access and use of the OMIN Platform and Services by you or the entity you represent. OMIN reserves the right to modify, revise or add restrictions on the access and use of the Platform and/or Services from time to time at its sole discretion without prior notice.
VI. Account Security Management and User Information
You understand and agree that it is your sole responsibility to maintain the confidentiality of your OMIN account and password, and you shall be liable for all activities conducted under your account (including but not limited to information disclosure, information release, online confirmation of clicks or submission of various rules and agreements, and online renewal or purchase of services). You shall bear full responsibility for all actions and statements made using your own account and password, and agree to comply with the following provisions:
You shall set your password in accordance with the relevant rules and prompts of OMIN (the password includes but is not limited to the login password, fund password, the mobile phone number bound during account registration, the verification code received via mobile phone, and Google Authenticator, etc.; the specific form may be changed). You shall avoid choosing overly obvious words or dates (such as your name, nickname and date of birth) as your password.
You shall not disclose your account or password to any third party, nor use any third party's account or password. OMIN shall not be liable for any unauthorized use of your account by others due to reasons not attributable to OMIN, such as hacking, virus intrusion or your own negligence.
Without the prior consent of OMIN, you shall not donate, lend, lease, transfer or dispose of your account to any third party in any other way.
OMIN identifies user instructions through the user's account and password. You hereby confirm that all operations performed on the Platform after logging into OMIN with your account and password shall be deemed as your own actions. Electronic records generated by operations on your account shall be valid evidence of your actions, and you shall bear full responsibility for all liabilities arising therefrom.
After OMIN notifies you of a foreseeable security risk, you shall take appropriate measures to ensure the security of your account and password.
If any third party uses your account and password without authorization, OMIN and its legally authorized entities shall have the right to claim joint and several liability from the actual user.
If you discover that a third party has fraudulently used or stolen your account and password, or that a third party's use of your account is not legally authorized, you must immediately notify OMIN through effective means and request the suspension of relevant Services; otherwise, you shall bear full responsibility for all liabilities arising therefrom. In addition, you understand that OMIN needs a reasonable time to take action on your request. OMIN shall not be liable for any losses caused by the third party's use of the Services before OMIN takes such action.
If OMIN, at its sole discretion, deems that an event affecting transaction security has occurred or may occur, it reserves the right to suspend, interrupt or terminate all or part of the Services provided to you under this Agreement, delete or remove your registration information, and recover any illegal gains you may have obtained, without notifying you and without being liable to you or any third party. Such events include:
OMIN deems that the information provided by you is untrue, invalid or incomplete (for example, you registered a OMIN account using the unauthorized identity information of others, or the verification information you provided is inconsistent with the facts).
OMIN detects abnormal transactions in your account, or your transactions are suspicious or may be illegal.
OMIN suspects that your account is involved in money laundering, cash out, pyramid schemes, fraudulent use of others' information or other situations that OMIN identifies as risky or illegal.
OMIN discovers that you have used illegal or improper technical means to engage in activities that endanger transaction security or affect fair transactions (including tampering with transaction data, stealing customer information, stealing transaction data, and attacking other registered accounts through OMIN).
OMIN deems that you have violated any term or the spirit of this Agreement.
OMIN suspects that you may be participating in, or are currently participating in, market manipulation activities such as pump - and - dump schemes, wash trading, self - trading, front running, quote stuffing, spoofing, layering or other types of market manipulation.
Other circumstances where you violate this Agreement.
Other circumstances where OMIN, based on reasons such as transaction security and at its sole discretion, deems it necessary to suspend, interrupt or terminate all or part of the Services (including paid Services) provided to you under this Agreement and delete or remove your registration information.
If you decide to stop using your account, you must first settle all outstanding payments (including service fees, etc.), withdraw all withdrawable digital assets in the account (if any), apply to OMIN for freezing the account, and formally cancel the account after OMIN's review and approval.
You agree that if your account has not completed the identity verification process, OMIN reserves the right to terminate the account Services without prior notice to you, and may immediately suspend, close or delete your account and all relevant data and documents in the account.
You agree that the suspension, interruption or termination of your account does not mean the termination of your liabilities. You shall still be liable for any breach of contract or compensation liability that may arise from your actions during the period of using the OMIN Services. In addition, OMIN may continue to retain your relevant information.
VII. OMIN Service Content
Notwithstanding the foregoing, the OMIN services set forth in this Agreement include the following:
User Account: Upon registration with OMIN, a user will be generated an account, which will record the user's activities on the platform. The foregoing account is the sole account for the user to log in to OMIN and use any services on the platform.
Digital Asset Trading: Users may submit digital asset trading instructions through OMIN to trade the digital assets in their accounts against other digital assets.
Digital Asset Deposit and Withdrawal: Users may transfer digital assets from other addresses to the designated address of their account, or transfer digital assets from their account to other addresses.
Trading Status Update: The user acknowledges that the digital asset trading status confirmed by the user on the platform following the OMIN service process shall constitute an irrevocable instruction for OMIN to perform the relevant transactions or operations. The user agrees that the execution time of the relevant instructions shall be based on the actual operation time in OMIN's system. OMIN shall have the right to handle related matters in accordance with this Agreement and/or the relevant dispute resolution rules of the platform. Any dispute or loss arising from the user's failure to timely modify or confirm the trading status, or failure to submit relevant applications in a timely manner, shall be borne by the user, and OMIN shall not assume any liability.
Trading Instruction Transmission: OMIN will transmit the user's trading instructions and data when they are entered. The user understands that OMIN acts solely as a matchmaker for digital asset trades, rather than as a buyer or seller participating in digital asset trades, and that OMIN itself does not provide any services related to the deposit and withdrawal of any fiat currency.
Trade Inquiry: OMIN will record all operations conducted by the user on the platform (regardless of whether the purpose of the operation is ultimately achieved), and the user may inquire in real-time about such transaction records under their account through the account.
Trading Security Settings: OMIN shall have the right, based on considerations such as transaction security, to set trading-related matters (including trading limits, trading hours, etc.) from time to time. The user understands that the foregoing settings of OMIN may cause certain inconvenience to transactions and has no objection thereto.
System Failure Handling: If OMIN discovers any processing error due to system failure or other reasons, OMIN shall have the right to correct the error, regardless of whether such error is beneficial to OMIN or the user. If such error results in the user receiving more digital assets than they should have received, regardless of the nature and cause of the error, OMIN shall have the right to correct such improperly executed transaction, and the user shall, in accordance with the specific requirements in the error correction notice issued by OMIN, return the excess digital assets received or perform other operations. The user understands and agrees that OMIN shall not assume any liability for any loss or responsibility caused by the aforesaid processing errors.
You acknowledge and agree that the above list of services is not exhaustive, and the services provided by OMIN or its partners are provided on an "AS IS" basis, and OMIN has the right to reduce, change, cancel, terminate or modify the service content at its sole discretion. Depending on the user's country of residence, OMIN services may differ in appearance, availability, pricing, operation mode, etc., and OMIN has the right to modify such services at its sole discretion and may choose whether to notify you. Each service provided by OMIN (whether currently provided, previously provided, or to be provided) is subject to separate terms contained in the legal documents, and your use of the service shall constitute your acknowledgment that you have read and understood the nature of such terms.
Furthermore, the user acknowledges and agrees that OMIN has the right, upon its independent determination that any of the following circumstances exists, to suspend the provision of all or part of the services to the user, or suspend the user's access to all or part of the services:
- the user may be in violation of this Agreement;
- the normal operation of the OMIN platform is at risk.
For the purposes of item (2) of this clause, the normal operation of the OMIN platform will be considered at risk under the following circumstances:
- computer or telecommunication networks cease to operate or cannot function normally due to accidents;
- occurrence of force majeure events affecting the provision of services;
- attempted or actual malicious attacks (which may result in theft or loss of assets, etc.) on OMIN's assets, user assets, or the platform;
- occurrence of events affecting the normal operation of critical systems that OMIN relies on (including pricing systems or other systems necessary for providing services);
- OMIN suspects unauthorized use of the platform, or the existence of circumstances that violate this Agreement or applicable laws and regulations;
- OMIN determines, based on applicable laws and regulations or to ensure the normal operation of the platform, upon its independent judgment, that an investigation is necessary;
- blockchain split due to hard fork or change of digital assets, and OMIN decides to cease processing such digital assets;
- OMIN deems that it is unable to continue providing services due to changes in applicable laws, regulations, social environment, or other factors beyond OMIN's control (including but not limited to the competent authority no longer recognizing a certain digital asset as an "acceptable digital asset");
- other circumstances where OMIN, upon its independent judgment, deems it necessary to suspend services.
VIII. Service Rules
When using OMIN services, you agree to and undertake to comply with the following provisions:
- During your use of OMIN services, all activities you conduct shall comply with applicable laws, regulations, this Agreement, and various guidelines of OMIN;
- Your use of OMIN services shall not violate the public interest, public order and good morals, or the legitimate rights and interests of others, including but not limited to interfering with, disrupting, adversely affecting, or restricting other users' use of OMIN services;
- You agree not to use the services for market manipulation activities (including pump and dump, wash trading, self-trading, front running, order stuffing, spoofing, layering, etc., regardless of whether such activities are prohibited by law);
- Without the written consent of OMIN, the use of OMIN data for the following commercial purposes is prohibited:
- providing trading services using OMIN quotes or market bulletin board information;
- using any OMIN market data to provide data feed or streaming services;
- other websites/applications/services that profit (including through advertising or referral fees) from accessing OMIN market data.
- Without OMIN's prior written consent, you shall not modify, copy, reproduce, duplicate, download, store, further transmit, disseminate, transfer, disassemble, distribute, publish, remove or alter any copyright notices or logos, nor license, sublicense, sell, mirror, design, rent, lease, private label, create security interests in, or create derivative works from, or otherwise exploit any part of the relevant property.
- You shall not:
- use any deep links, web crawlers, robot programs, spider programs or other automatic devices, programs, scripts, algorithms or methods, or any similar or equivalent manual processes, to access, obtain, copy or monitor any part of the relevant property, or to reproduce or bypass the navigation structure of OMIN services.