EARN Product Terms & Conditions

• • All Terms and Conditions of the exchange including Risk Disclosure apply.

• • The User hereby acknowledges and agrees that Earn is offered on an ‘opt-in’ basis and by opting in, the tokens/ digital assets placed by the User with CoinDCX may be deposited/deployed with a third party exchange/ platform. In relation to the foregoing, the User consents to and authorizes CoinDCX to perform the necessary activities directly or through a third party.

• • The User hereby understands that the User has complete control over selection of the tenure and modification of the tenure selected may not always be an option. However, the User may withdraw the tokens/ digital assets placed under Earn at any time subject to loss of passive returns if the minimum or agreed tenure is not completed.

• • The User hereby agrees and acknowledges that CoinDCX shall have a right to modify, alter, suspend, revoke or withdraw the Earn product or any part thereof. CoinDCX shall, at its sole discretion, also have a right to remove tokens/ digital assets from being offered under Earn and subject to the terms herein, the disbursement of the passive returns would be made on a prorata basis considering the tenure for which the tokens were deposited.

• • The User hereby understands and acknowledges that any calculations pertaining to the APY or passive returns would be calculated as a percentage of returns in crypto/ token deposited and not INR. Rate of returns may be updated periodically.

• • CoinDCX reserves the right to modify these Earn terms, at its sole discretion.

• • ​​The User is required to complete Know Your Customer (KYC) formalities and any other procedure(s) as mandated by CoinDCX in order to be eligible for Earn.

• • In case it is discovered that a User has been credited the passive returns under Earn (whether erroneously or otherwise), and has not completed the relevant KYC formalities, CoinDCX shall at its sole discretion, reserve the right to delay, block or nullify any passive returns under Earn, whether they have been declared or not. Withdrawals of any passive returns generated under Earn, virtual digital assets/ tokens or INR wallet balance shall not be permitted unless required  KYC has been completed by the User.

• • CoinDCX shall have a right to discontinue the product including without limitation to non-distribution of any passive earnings promised in order to comply with any applicable law or directive(s) of any authority. CoinDCX and its affiliates disclaim all the liabilities in this regard and shall not be obligated to distribute the passive returns  promised to the User.

 

Regards,

Team CoinDCX