Last Updated: 08.12.23
These Terms constitute a legally binding agreement between you (“you” or “your”) and Zfir (“Zfir”, “we”, “our” or “us”). The Terms govern your use of the Zfir Services made available to you on or through the Platform or otherwise. Zfir Services may be provided by Zfir or, if specified in these Terms, any Product Terms or any additional terms, by any Zfir Affiliate.
By registering for a Zfir Account, accessing the Platform and/or using the Zfir Services, you agree that you have read, understood and accepted these Terms, together with any additional documents or terms referred to in these Terms. You acknowledge and agree that you will be bound by and will comply with these Terms, as updated and amended from time to time.
If you do not understand and accept these Terms in their entirety, you should not register for a Zfir Account or access or use the Platform or any Zfir Service.
RISK WARNING
As with any asset, the value of Digital Assets can fluctuate significantly and there is a material risk of economic loss when buying, selling, holding or investing in Digital Assets. You should therefore consider whether trading or holding Digital Assets is suitable for you in light of your financial circumstances.
Further information on the risks associated with using the Zfir Services is set out in our Risk Warning, which may be updated from time to time. You should read the Risk Warning carefully, however it does not explain all of the risks that may arise, or how such risks relate to your personal circumstances.
It is important that you fully understand the risks involved before making a decision to use the Zfir Services.
We are not your broker, intermediary, agent or advisor and we have no fiduciary relationship or obligation to you in connection with any Transactions or other activities you undertake when using the Zfir Services. We do not provide investment or consulting advice of any kind and no communication or information that we provide to you is intended as, or should be construed as, advice of any kind.
It is your responsibility to determine whether any investment, investment strategy or related transaction is appropriate for you according to your personal investment objectives, financial circumstances and risk tolerance and you are responsible for any associated loss or liability. We do not recommend that any Digital Asset should be bought, earned, sold or held by you. Before making the decision to buy, sell or hold any Digital Asset, you should conduct your own due diligence and consult your financial advisor. We are not responsible for the decisions you make to buy, earn, sell or hold Digital Assets based on the information provided by us, including any losses you incur arising from those decisions.
1.1. Come back to us. zfir Group is an ecological system focusing on games and digital assets, zfir Group provides users with an online gaming platform, in which users can participate in playing and placing prizes Different solutions in zfir's Game system released.
1.2. These Terms. By registering to open a Zfir Account you are entering into a legally binding agreement with us. These Terms will govern your use of the Zfir Services and tell you who we are, how we will provide the Zfir Services to you, how these Terms may be changed or terminated, what to do if there is a problem, along with other important information.
You must read these Terms, together with the documents referenced in the Terms, carefully and let us know if you do not understand anything.
Where any Local Terms apply to your use of the Binance Services, such Local Terms will take precedence over these Terms.
1.3. Additional documents. These Terms refer to a number of additional documents which also apply to your use of the Zfir Services. This includes:
a. Our Privacy Notice, which sets out the terms on which we process any personal data we collect about you, or that you provide to us. By using the Zfir Services, you understand and agree to such processing and you promise that all data provided by you is accurate and up to date.
b. Our Risk Warning, which sets out important information on the risks that can arise when buying, selling, holding or investing in Digital Assets.
c. The Fee Structure page on our Website.
d. Product Terms, which set out additional terms and conditions that will apply to your use of specific Zfir Services.
You acknowledge that you will be bound by, and agree that you will comply with, any relevant additional terms and conditions that apply to your use of the Zfir Services.
2. Eligibility
2.1. Eligibility criteria. To be eligible to register for a Zfir Account and use the Zfir Services, you must:
a. be an individual, corporation, legal person, entity or other organisation with the full power, authority and capacity to (1) access and use the Zfir Services; and (2) enter into and comply with your obligations under these Terms;
b. if you are an individual, be at least 18 years old;
c. if you act as an employee or agent of a legal entity, and enter into these Terms on their behalf, you must be duly authorised to act on behalf of and bind such legal entity for the purposes of entering into these Terms;
d. not have been previously suspended or removed from using Zfir Services;
e. not be a Restricted Person;
f. not currently have an existing Zfir Account; and
g. not be located, incorporated, otherwise established in, a citizen of, or resident of, or have business operations in:
i. a jurisdiction where it would be illegal under Applicable Law for you to access or use the Zfir Services, or cause us or any third party to contravene any Applicable Law; or
ii. a country listed in our List of Prohibited Countries.
2.2. Amending our eligibility criteria. We may amend our eligibility criteria at any time in our sole discretion. Where possible, we will give you notice in advance of the change. However, we may occasionally need to make changes without telling you in advance. This may include where:
a. we are making the change as a result of legal and/or regulatory changes;
b. the changes being made are in your interest; and/or
c. there is any other valid reason which means there is no time to give you notice.
Where we are unable to give you advance notice, we will let you know of the change as soon as possible after it is made.
3. How we contact each other
How we will contact you. We will contact you using the details you provide to us. This may include contacting you by email, SMS or telephone. It is important that you ensure that your contact details are correct and up to date. If your contact details change, you must let us know immediately. If you do not, we will not be responsible if you do not receive information, notices or other important information from us.
4. Zfir Services
4.1. Specific product terms. Once you have opened a Zfir Account, you will be able to use the Zfir Services in accordance with these Terms and the Product Terms that govern your use of each specific Zfir Service.
4.2. Intra-group services. You acknowledge and agree that some of the Zfir Services may be provided by Zfir Affiliates.
INFORMATION ABOUT YOUR ZFIR ACCOUNT
7. Creating a Zfir Account
7.1. Account opening. You must create and maintain a Zfir Account in order to access the Zfir Services and the Platform. This may be a Zfir Account for an individual user, or a Corporate Zfir Account where the user is a corporation, entity or other organisation.
All Zfir Accounts are provided at our absolute discretion. We reserve the right to refuse any application for a Zfir Account without reason or to limit the number of Zfir Accounts that you may hold.
7.2. Sole benefit. By opening a Zfir Account you agree that:
a. where you are an individual user, you will use your Zfir Account only for yourself, and not on behalf of any third party, unless you have obtained our prior written consent to do so; and
b. where you are a corporate user, your Permitted Users will use the Corporate Zfir Account only for your benefit, and not on behalf of any third party, unless our prior written consent has been obtained. Additionally, you will not offer direct market access to Zfir.com to any other party, including through the use of a sub-account, unless and until such other party has completed identity verification deemed appropriate by Zfir and has separately onboarded onto the Platform. Any other party so verified shall be considered a “Permitted User” as that term is described herein. For avoidance of doubt, any entity or individual using a Zfir Sub-Account must be separately verified to be considered a “Permitted User” and to be permitted to use the Zfir Services.
You are fully responsible for all activity that occurs under your Zfir Account.
7.3. Identity verification. You will need to comply with our identity verification procedures before you are permitted to open a Zfir Account and access and use the Zfir Services, whether independently or through a third-party service, by providing us with certain information about yourself and, where relevant, all of your Permitted Users. All information that you provide must be complete, accurate and truthful. You must update this information whenever it changes.
You authorise us to make inquiries, whether directly or through third parties, that we consider necessary to verify your identity, and that of any Permitted Users, or protect you and/or us against fraud, money laundering, terrorist financing or other financial crime, and to take any action we deem necessary based on the results of such inquiries.
When we carry out inquiries, you acknowledge and understand that your personal data, and that of any Permitted Users, may be disclosed to identity verification, compliance data recordation, credit reference, fraud prevention, or financial crime agencies and that these agencies may respond to our inquiries in full.
You can review our Privacy Notice to have more information about how we process your personal data.
7.4. Enhanced due diligence. We may also require you to comply with our enhanced due diligence procedures by submitting additional information about yourself, your business or your Permitted Users, providing additional records or documentation, or having face to face meetings with representatives of Zfir.
7.5. Records. We keep your personal data to enable your continued use of Zfir Services, for as long as it is required in order to fulfil the relevant purposes described in this Privacy Notice, and as may be required by law such as for tax and accounting purposes, compliance with anti-money laundering laws, or as otherwise communicated to you. Please review our Privacy Notice for more information on how we collect and use your personal data relating to the use and performance of our Sites and the Zfir Services.
7.6. Sub-Accounts. At our discretion, you may create and access a Zfir Sub-Account. Each natural person associated with a Zfir Sub-Account is subject to the identity verification requirements set out in this clause 7. Only one natural person or corporate entity may be associated with a particular Zfir Sub-Account.
8. Information requests
8.1. When we may request information. We may require information from you at any time for the purposes of complying with any Applicable Law, identity verification requirements, or in connection with the detection of money laundering, terrorist financing, fraud, or any other financial crime, or for any other valid reason. You agree to provide us with any such information we request and permit us to keep a record of the information for the lifetime of your Zfir Account as long as it is required to fulfil their intended purposes, or such other period as prescribed by Applicable Law.
8.2. What happens when you provide information. Your access to your Zfir Account and the Transaction limits that apply to your use of the Zfir Services may be altered as a result of information collected about you on an ongoing basis. If there is a reasonable suspicion that any information provided by you is wrong, untruthful, outdated, or incomplete, we may send you a notice to request corrections, remove relevant information, or do such other things that we consider necessary to ensure that the information provided by you is true and correct.
8.3. If you fail to provide any requested information. You must comply with any information request we send to you. If you decline to provide the requested information, or otherwise do not comply in a timely manner, we reserve the right to suspend or terminate your access to your Zfir Account, or to all or part of the Zfir Services immediately, without notice.
9. Accessing your Zfir Account
9.1. Access. To access your Zfir Account you or, where relevant, your Permitted Users, must have the necessary equipment (such as a computer or smartphone) and access to the internet. Your Zfir Account can be accessed directly using the Platform or by such other mode of access (including APIs) as we may prescribe. You are only permitted to access your Zfir Account by using the Access IDs we provide to you or your Permitted Users for such purposes. We may require multi-factor authentication to keep your Zfir Account safe and secure.
The use of the Platform and other access methods may be subject to such additional terms as we communicate to you.
9.2. Restricting access to third parties. You must ensure that any Zfir Account(s) registered under your name will not be used by any person other than yourself or, with respect to Corporate Zfir Accounts, your Permitted Users, other than in accordance with these Terms.
10. Account information and Transaction records
10.1. Your Account History. You will be able to access your Account History on the Platform. You must review your Account History carefully and let us know if you see any entries or Transactions that you do not recognise or you think are incorrect within fourteen (14) calendar days of the date that your Account History is provided or made available to you.
10.2. Errors. We may rectify any error in your Account History at any time, and reserve the right to void, cancel or reverse any Transaction involving or deriving from a Manifest Error or to amend the details of such Transaction to reflect what we reasonably consider to be the correct or fair details of such a Transaction.
You acknowledge and agree that where you execute any Transaction with Improper Intent and/or in the case of Manifest Error, Zfir is authorised by you (without any payment or penalty or liability due by Zfir and provided that such action is in compliance with Applicable Law) to either:
a. cancel/void such Transaction and treat such Transaction as if they had never been entered into; or
b. amend the price(s) of such Transaction (upon notice from Zfir to you of the amended price(s)) to reflect the prevailing market price(s) as at the relevant time, as determined by Zfir by reference to an available source for fair market pricing;
If Zfir cancels a Transaction pursuant to the rights referred herein, Zfir will reverse any transfers of Digital Assets that have been made to and/or from your Zfir Account in connection with such Transaction as if that Transaction had never taken place.
If Zfir amends a Transaction pursuant to the rights referred herein, Zfir will confirm the details of the amended terms of the Transaction to you through an agreed communication channel and will affect such transfers of Digital Assets to and/or from your Zfir Account as are required to reflect the terms of the amended Transaction.
You acknowledge and agree that you shall be solely responsible for your own transactions with any third parties that may have been entered into in connection with or reliance on any Transaction(s) that may be subject to any cancellation/amendment pursuant to Zfir’s rights herein.
10.3. Information sharing. We may be required under Applicable Law to share information about your Zfir Account and Account History with third parties. You acknowledge and agree that we are entitled to disclose such information. For more information about how we process your personal data you can review our Privacy Notice.
These Terms constitute a legally binding agreement between you (“you” or “your”) and Zfir (“Zfir”, “we”, “our” or “us”). The Terms govern your use of the Zfir Services made available to you on or through the Platform or otherwise. Zfir Services may be provided by Zfir or, if specified in these Terms, any Product Terms or any additional terms, by any Zfir Affiliate.
By registering for a Zfir Account, accessing the Platform and/or using the Zfir Services, you agree that you have read, understood and accepted these Terms, together with any additional documents or terms referred to in these Terms. You acknowledge and agree that you will be bound by and will comply with these Terms, as updated and amended from time to time.
If you do not understand and accept these Terms in their entirety, you should not register for a Zfir Account or access or use the Platform or any Zfir Service.
RISK WARNING
As with any asset, the value of Digital Assets can fluctuate significantly and there is a material risk of economic loss when buying, selling, holding or investing in Digital Assets. You should therefore consider whether trading or holding Digital Assets is suitable for you in light of your financial circumstances.
Further information on the risks associated with using the Zfir Services is set out in our Risk Warning, which may be updated from time to time. You should read the Risk Warning carefully, however it does not explain all of the risks that may arise, or how such risks relate to your personal circumstances.
It is important that you fully understand the risks involved before making a decision to use the Zfir Services.
We are not your broker, intermediary, agent or advisor and we have no fiduciary relationship or obligation to you in connection with any Transactions or other activities you undertake when using the Zfir Services. We do not provide investment or consulting advice of any kind and no communication or information that we provide to you is intended as, or should be construed as, advice of any kind.
It is your responsibility to determine whether any investment, investment strategy or related transaction is appropriate for you according to your personal investment objectives, financial circumstances and risk tolerance and you are responsible for any associated loss or liability. We do not recommend that any Digital Asset should be bought, earned, sold or held by you. Before making the decision to buy, sell or hold any Digital Asset, you should conduct your own due diligence and consult your financial advisor. We are not responsible for the decisions you make to buy, earn, sell or hold Digital Assets based on the information provided by us, including any losses you incur arising from those decisions.
1.1. Come back to us. zfir Group is an ecological system focusing on games and digital assets, zfir Group provides users with an online gaming platform, in which users can participate in playing and placing prizes Different solutions in zfir's Game system released.
1.2. These Terms. By registering to open a Zfir Account you are entering into a legally binding agreement with us. These Terms will govern your use of the Zfir Services and tell you who we are, how we will provide the Zfir Services to you, how these Terms may be changed or terminated, what to do if there is a problem, along with other important information.
You must read these Terms, together with the documents referenced in the Terms, carefully and let us know if you do not understand anything.
Where any Local Terms apply to your use of the Binance Services, such Local Terms will take precedence over these Terms.
1.3. Additional documents. These Terms refer to a number of additional documents which also apply to your use of the Zfir Services. This includes:
a. Our Privacy Notice, which sets out the terms on which we process any personal data we collect about you, or that you provide to us. By using the Zfir Services, you understand and agree to such processing and you promise that all data provided by you is accurate and up to date.
b. Our Risk Warning, which sets out important information on the risks that can arise when buying, selling, holding or investing in Digital Assets.
c. The Fee Structure page on our Website.
d. Product Terms, which set out additional terms and conditions that will apply to your use of specific Zfir Services.
You acknowledge that you will be bound by, and agree that you will comply with, any relevant additional terms and conditions that apply to your use of the Zfir Services.
2. Eligibility
2.1. Eligibility criteria. To be eligible to register for a Zfir Account and use the Zfir Services, you must:
a. be an individual, corporation, legal person, entity or other organisation with the full power, authority and capacity to (1) access and use the Zfir Services; and (2) enter into and comply with your obligations under these Terms;
b. if you are an individual, be at least 18 years old;
c. if you act as an employee or agent of a legal entity, and enter into these Terms on their behalf, you must be duly authorised to act on behalf of and bind such legal entity for the purposes of entering into these Terms;
d. not have been previously suspended or removed from using Zfir Services;
e. not be a Restricted Person;
f. not currently have an existing Zfir Account; and
g. not be located, incorporated, otherwise established in, a citizen of, or resident of, or have business operations in:
i. a jurisdiction where it would be illegal under Applicable Law for you to access or use the Zfir Services, or cause us or any third party to contravene any Applicable Law; or
ii. a country listed in our List of Prohibited Countries.
2.2. Amending our eligibility criteria. We may amend our eligibility criteria at any time in our sole discretion. Where possible, we will give you notice in advance of the change. However, we may occasionally need to make changes without telling you in advance. This may include where:
a. we are making the change as a result of legal and/or regulatory changes;
b. the changes being made are in your interest; and/or
c. there is any other valid reason which means there is no time to give you notice.
Where we are unable to give you advance notice, we will let you know of the change as soon as possible after it is made.
3. How we contact each other
How we will contact you. We will contact you using the details you provide to us. This may include contacting you by email, SMS or telephone. It is important that you ensure that your contact details are correct and up to date. If your contact details change, you must let us know immediately. If you do not, we will not be responsible if you do not receive information, notices or other important information from us.
4. Zfir Services
4.1. Specific product terms. Once you have opened a Zfir Account, you will be able to use the Zfir Services in accordance with these Terms and the Product Terms that govern your use of each specific Zfir Service.
4.2. Intra-group services. You acknowledge and agree that some of the Zfir Services may be provided by Zfir Affiliates.
INFORMATION ABOUT YOUR ZFIR ACCOUNT
7. Creating a Zfir Account
7.1. Account opening. You must create and maintain a Zfir Account in order to access the Zfir Services and the Platform. This may be a Zfir Account for an individual user, or a Corporate Zfir Account where the user is a corporation, entity or other organisation.
All Zfir Accounts are provided at our absolute discretion. We reserve the right to refuse any application for a Zfir Account without reason or to limit the number of Zfir Accounts that you may hold.
7.2. Sole benefit. By opening a Zfir Account you agree that:
a. where you are an individual user, you will use your Zfir Account only for yourself, and not on behalf of any third party, unless you have obtained our prior written consent to do so; and
b. where you are a corporate user, your Permitted Users will use the Corporate Zfir Account only for your benefit, and not on behalf of any third party, unless our prior written consent has been obtained. Additionally, you will not offer direct market access to Zfir.com to any other party, including through the use of a sub-account, unless and until such other party has completed identity verification deemed appropriate by Zfir and has separately onboarded onto the Platform. Any other party so verified shall be considered a “Permitted User” as that term is described herein. For avoidance of doubt, any entity or individual using a Zfir Sub-Account must be separately verified to be considered a “Permitted User” and to be permitted to use the Zfir Services.
You are fully responsible for all activity that occurs under your Zfir Account.
7.3. Identity verification. You will need to comply with our identity verification procedures before you are permitted to open a Zfir Account and access and use the Zfir Services, whether independently or through a third-party service, by providing us with certain information about yourself and, where relevant, all of your Permitted Users. All information that you provide must be complete, accurate and truthful. You must update this information whenever it changes.
You authorise us to make inquiries, whether directly or through third parties, that we consider necessary to verify your identity, and that of any Permitted Users, or protect you and/or us against fraud, money laundering, terrorist financing or other financial crime, and to take any action we deem necessary based on the results of such inquiries.
When we carry out inquiries, you acknowledge and understand that your personal data, and that of any Permitted Users, may be disclosed to identity verification, compliance data recordation, credit reference, fraud prevention, or financial crime agencies and that these agencies may respond to our inquiries in full.
You can review our Privacy Notice to have more information about how we process your personal data.
7.4. Enhanced due diligence. We may also require you to comply with our enhanced due diligence procedures by submitting additional information about yourself, your business or your Permitted Users, providing additional records or documentation, or having face to face meetings with representatives of Zfir.
7.5. Records. We keep your personal data to enable your continued use of Zfir Services, for as long as it is required in order to fulfil the relevant purposes described in this Privacy Notice, and as may be required by law such as for tax and accounting purposes, compliance with anti-money laundering laws, or as otherwise communicated to you. Please review our Privacy Notice for more information on how we collect and use your personal data relating to the use and performance of our Sites and the Zfir Services.
7.6. Sub-Accounts. At our discretion, you may create and access a Zfir Sub-Account. Each natural person associated with a Zfir Sub-Account is subject to the identity verification requirements set out in this clause 7. Only one natural person or corporate entity may be associated with a particular Zfir Sub-Account.
8. Information requests
8.1. When we may request information. We may require information from you at any time for the purposes of complying with any Applicable Law, identity verification requirements, or in connection with the detection of money laundering, terrorist financing, fraud, or any other financial crime, or for any other valid reason. You agree to provide us with any such information we request and permit us to keep a record of the information for the lifetime of your Zfir Account as long as it is required to fulfil their intended purposes, or such other period as prescribed by Applicable Law.
8.2. What happens when you provide information. Your access to your Zfir Account and the Transaction limits that apply to your use of the Zfir Services may be altered as a result of information collected about you on an ongoing basis. If there is a reasonable suspicion that any information provided by you is wrong, untruthful, outdated, or incomplete, we may send you a notice to request corrections, remove relevant information, or do such other things that we consider necessary to ensure that the information provided by you is true and correct.
8.3. If you fail to provide any requested information. You must comply with any information request we send to you. If you decline to provide the requested information, or otherwise do not comply in a timely manner, we reserve the right to suspend or terminate your access to your Zfir Account, or to all or part of the Zfir Services immediately, without notice.
9. Accessing your Zfir Account
9.1. Access. To access your Zfir Account you or, where relevant, your Permitted Users, must have the necessary equipment (such as a computer or smartphone) and access to the internet. Your Zfir Account can be accessed directly using the Platform or by such other mode of access (including APIs) as we may prescribe. You are only permitted to access your Zfir Account by using the Access IDs we provide to you or your Permitted Users for such purposes. We may require multi-factor authentication to keep your Zfir Account safe and secure.
The use of the Platform and other access methods may be subject to such additional terms as we communicate to you.
9.2. Restricting access to third parties. You must ensure that any Zfir Account(s) registered under your name will not be used by any person other than yourself or, with respect to Corporate Zfir Accounts, your Permitted Users, other than in accordance with these Terms.
10. Account information and Transaction records
10.1. Your Account History. You will be able to access your Account History on the Platform. You must review your Account History carefully and let us know if you see any entries or Transactions that you do not recognise or you think are incorrect within fourteen (14) calendar days of the date that your Account History is provided or made available to you.
10.2. Errors. We may rectify any error in your Account History at any time, and reserve the right to void, cancel or reverse any Transaction involving or deriving from a Manifest Error or to amend the details of such Transaction to reflect what we reasonably consider to be the correct or fair details of such a Transaction.
You acknowledge and agree that where you execute any Transaction with Improper Intent and/or in the case of Manifest Error, Zfir is authorised by you (without any payment or penalty or liability due by Zfir and provided that such action is in compliance with Applicable Law) to either:
a. cancel/void such Transaction and treat such Transaction as if they had never been entered into; or
b. amend the price(s) of such Transaction (upon notice from Zfir to you of the amended price(s)) to reflect the prevailing market price(s) as at the relevant time, as determined by Zfir by reference to an available source for fair market pricing;
If Zfir cancels a Transaction pursuant to the rights referred herein, Zfir will reverse any transfers of Digital Assets that have been made to and/or from your Zfir Account in connection with such Transaction as if that Transaction had never taken place.
If Zfir amends a Transaction pursuant to the rights referred herein, Zfir will confirm the details of the amended terms of the Transaction to you through an agreed communication channel and will affect such transfers of Digital Assets to and/or from your Zfir Account as are required to reflect the terms of the amended Transaction.
You acknowledge and agree that you shall be solely responsible for your own transactions with any third parties that may have been entered into in connection with or reliance on any Transaction(s) that may be subject to any cancellation/amendment pursuant to Zfir’s rights herein.
10.3. Information sharing. We may be required under Applicable Law to share information about your Zfir Account and Account History with third parties. You acknowledge and agree that we are entitled to disclose such information. For more information about how we process your personal data you can review our Privacy Notice.