Terms and Conditions
1. Acceptance of Terms
1.1 By accessing or using Minex Hash (“the App”), you acknowledge and agree to comply with these Terms and Conditions. If you do not agree, refrain from using the App.
2. User Responsibilities
2.1 Account Security:
2.1.1 Users are responsible for maintaining the security of their accounts.
2.1.2 Unauthorized sharing or use of login credentials is prohibited.
2.2 Cloud Mining
2.2.1 Definition: Minex Hash offers cloud mining services where users can purchase mining power to mine our native token, Xorb.
2.2.2 Usage: Users acknowledge that cloud mining involves purchasing mining power for a specified duration to mine Xorb token, and understand that the base price of Xorb is $0.01. The value of Xorb may fluctuate and is subject to market changes.
2.2.3 Returns and Risks: Minex Hash does not guarantee specific returns from cloud mining activities. Users acknowledge the inherent risks associated with cryptocurrency markets, including but not limited to market volatility, regulatory changes, and technological risks.
2.2.4 Duration and Purchases: Users can buy mining power for selected TH/s, for fixed 28days. Minimum purchase starts at 1Th/s mining power.
2.3.5 Mining Operation: Upon purchase, mining operations will commence instantly, and users can track progress through their dashboard panel.
2.3.6 Payouts and Blockchain Launch: Any potential increase in Xorb value upon the launch of our blockchain does not guarantee returns and is subject to market conditions.
3. Investment Procedure
3.1 Guarantee and Profit
3.1.1 Guarantee: Minex Hash assures users’ investments against unforeseen circumstances within the platform’s control.
3.1.2 Profit Dependence: Users understand and acknowledge that investment outcomes are subject to market fluctuations. Although our experienced traders strive for profitability, market conditions may vary, impacting returns.
3.2 Safeguarding Investments
3.2.1 Risk Mitigation: In adverse situations affecting invested funds, Minex Hash commits to safeguarding users’ investments to the best of its ability.
3.2.2 Refund Process: Should unforeseen circumstances impact our funds, resulting in an inability to generate profits, Minex Hash will initiate the refund process. Refunds will be processed within a maximum period of 45 days from the date of notification.
3.3 Profit Sharing: Profits from investments will be shared on a 50:50 basis between users and Minex Hash.
4. Limitation of Liability
4.1 Minex Hash and its affiliates are not liable for direct, indirect, incidental, consequential, or punitive damages arising from app usage.
5. Multiple Accounts
5.1 Minex Hash allows users to open multiple accounts.
5.2 Prohibited Activity: However, users are strictly prohibited from referring themselves or their other accounts to gain referral commissions.
5.3 Consequences: Engaging in such prohibited activities will result in severe consequences. If Minex Hash detects any illegal activities, including self-referral, we reserve the right to suspend the user’s account.
5.4 Compliance: Users are expected to adhere to the terms and conditions of the referral program at all times. Violation of these terms may lead to account suspension or termination.
5.5 Legal Obligation: Minex Hash reserves the right to take legal action against users found engaging in fraudulent or illegal activities.
6. Modification and Termination
6.1 Minex Hash reserves the right to modify, suspend, or terminate any part of the App at any time without prior notice.
7. Privacy Policy
7.1 Our Privacy Policy outlines data collection, use, and disclosure practices. 6.1.1 Users consent to the Privacy Policy by using Minex Hash.
8. Governing Law
8.1 These terms are governed by Malta’s laws, irrespective of conflict of law provisions.
9. Contact Information
9.1 For inquiries regarding these terms, contact us at minexhash@protonmail.com.