Terms and Conditions

JEROID TERMS OF USE

These Jeroid Terms of Use is entered into between you (referred to as “you” or “your”) and Jeroid operators (as defined below). By accessing, downloading, using or clicking on “I agree” to accept any Jeroid Services (as defined below) provided by Jeroid (as defined below), you agree that you have read, understood and accepted all of the terms and conditions stipulated in these Terms of Use (referred to as “these Terms”) as well as our Privacy Policy. In addition, when using some features of the Services, you may be subject to specific additional terms and conditions applicable to those features.

Please read the terms carefully as they govern your use of Jeroid Services. THESE TERMS CONTAIN IMPORTANT PROVISIONS INCLUDING AN ARBITRATION PROVISION THAT REQUIRES ALL CLAIMS TO BE RESOLVED BY WAY OF LEGALLY BINDING ARBITRATION. The terms of the arbitration provision are set forth in Article 9, “Resolving Disputes: Forum, Arbitration, Class Action Waiver”, hereunder. As with any asset, the values of Digital Currencies (as defined below) may fluctuate significantly and there is a substantial risk of economic losses when purchasing, selling, holding or investing in Digital Currencies and their derivatives. BY MAKING USE OF JEROID SERVICES, YOU ACKNOWLEDGE AND AGREE THAT: (1) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; (2) YOU SHALL ASSUME ALL RISKS RELATED TO THE USE OF JEROID SERVICES AND TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; AND (3) JEROID SHALL NOT BE LIABLE FOR ANY SUCH RISKS OR ADVERSE OUTCOMES.

By accessing, using or attempting to use Jeroid Services in any capacity, you acknowledge that you accept and agree to be bound by these Terms. If you do not agree, do not access Jeroid or utilize Jeroid services.

  • Definitions
  • Jeriod refers to an ecosystem comprising Jeroid websites (whose domain names include but are not limited to https://www.jeroid.com.ng/), mobile applications and other applications that are developed to offer Jeroid Services.
  • Jeroid Operators refer to all parties that run Jeroid, including but not limited to legal persons, unincorporated organizations and teams that provide Jeroid Services and are responsible for such services. For convenience, unless otherwise stated, references to “Jeroid” and “we” in these Terms specifically mean Jeroid Operators. UNDER THESE TERMS, JEROID OPERATORS MAY CHANGE AS JERIOD’S BUSINESS ADJUSTS/GROWS, IN WHICH CASE, THE CHANGED OPERATORS SHALL PERFORM THEIR OBLIGATIONS UNDER THESE TERMS WITH YOU AND PROVIDE SERVICES TO YOU, AND SUCH CHANGE DOES NOT AFFECT YOUR RIGHTS AND INTERESTS UNDER THESE TERMS. ADDITIONALLY, THE SCOPE OF JEROID OPERATORS MAY BE EXPANDED DUE TO THE PROVISION OF NEW JEROID SERVICES, IN WHICH CASE, IF YOU CONTINUE TO USE JEROID SERVICES, IT IS DEEMED THAT YOU HAVE AGREED TO JOINTLY EXECUTE THESE TERMS WITH THE NEWLY ADDED JEROID OPERATORS. IN CASE OF A DISPUTE, YOU SHALL DETERMINE THE ENTITIES BY WHICH THESE TERMS ARE PERFORMED WITH YOU AND THE COUNTERPARTIES OF THE DISPUTE, DEPENDING ON THE SPECIFIC SERVICES YOU USE AND THE PARTICULAR ACTIONS THAT AFFECT YOUR RIGHTS OR INTERESTS.
  • Jeroid Services refer to various services provided to you by Jeroid that are based on Internet and/or blockchain technologies and offered via Jeroid websites, mobile applications, and other forms (including new ones enabled by future technological development). Jeroid Services include but are not limited to such Jeroid ecosystem components as Digital Asset Trading Platforms, ... Trading of Giftcards, international Shipping and Delivery Services to be provided by Jeroid.
  • Jeroid Platform Rules refer to all rules, interpretations, announcements, statements, letters of consent and other contents that have been and will be subsequently released by Jeroid, as well as all regulations, implementation rules, product process descriptions, and announcements published in the Help Center or within products or service processes.
  • Users refer to all individuals, institutions or organizations that access, download or use Jeroid or Jeroid Services and who meet the criteria and conditions stipulated by Jeroid. If there exist other agreements for such entities as developers, distributors, market makers, and Digital Currencies exchanges, such agreements shall be followed.
  • Digital Currencies refer to encrypted or digital tokens or cryptocurrencies with a certain value that are based on blockchain and cryptography technologies and are issued and managed in a decentralized form.
  • Digital Assets refer to Digital Currencies, their derivatives or other types of digitalized assets with a certain value.
  • 8. Jeroid Accounts refer to the foundational virtual accounts, including main accounts and subaccounts, which are opened by Jeroid for Users to record on Jeroid their usage of Jeroid Services, transactions, asset changes and basic information. Jeroid Accounts serve as the basis for Users to enjoy and exercise their rights on Jeroid.
  • 9. Crypto-to-crypto Trading refers to spot transactions in which one digital currency is exchanged for another digital currency.
  • General Provisions
  • About These Terms
  • Contractual Relationship

These Terms constitute a legal agreement and create a binding contract between you and Jeroid Operators.

  • Supplementary Terms

Due to the rapid development of Digital Currencies and Jeroid, these Terms between you and Jeroid Operators do not enumerate or cover all rights and obligations of each party, and do not guarantee full alignment with needs arising from future development. Therefore, THE PRIVACY POLICY, JEROID PLATFORM RULES, AND ALL OTHER AGREEMENTS ENTERED INTO SEPARATELY BETWEEN YOU AND JEROID ARE DEEMED SUPPLEMENTARY TERMS THAT ARE AN INTEGRAL PART OF THESE TERMS AND SHALL HAVE THE SAME LEGAL EFFECT. YOUR USE OF JEROID SERVICES IS DEEMED YOUR ACCEPTANCE OF THE ABOVE SUPPLEMENTARY TERMS.

  • Changes to These Terms

Jeroid reserves the right to change or modify these Terms in its discretion at any time. Jeroid will notify such changes by updating the terms on its website and modifying the [Last revised] date displayed on this page. ANY AND ALL MODIFICATIONS OR CHANGES TO THESE TERMS WILL BECOME EFFECTIVE UPON PUBLICATION ON THE WEBSITE OR RELEASE TO USERS. THEREFORE, YOUR CONTINUED USE OF JEROID SERVICES IS DEEMED YOUR ACCEPTANCE OF THE MODIFIED AGREEMENT AND RULES. IF YOU DO NOT AGREE TO ANY CHANGES TO THESE TERMS, YOU MUST STOP USING JEROID SERVICES IMMEDIATELY. YOU ARE RECOMMENDED TO FREQUENTLY REVIEW THESE TERMS TO ENSURE YOUR UNDERSTANDING OF THE TERMS AND CONDITIONS THAT APPLY TO YOUR ACCESS TO AND USE OF JEROID SERVICES.

  • Prohibition of Use

BY ACCESSING AND USING JEROID SERVICES, YOU REPRESENT AND WARRANT THAT YOU HAVE NOT BEEN INCLUDED IN ANY TRADE EMBARGOES OR ECONOMIC SANCTIONS LIST (SUCH AS THE ECONOMIC AND FINANCIAL CRIME COMMISSION SANCTIONS LIST), JEROID RESERVES THE RIGHT TO CHOOSE MARKETS AND JURISDICTIONS TO CONDUCT BUSINESS, AND MAY RESTRICT OR REFUSE, IN ITS DISCRETION, THE PROVISION OF JEROID SERVICES IN CERTAIN COUNTRIES OR REGIONS.

  • About Jeroid

As an important part of the Jeroid Ecosystem, Jeroid mainly serves as a global online platform for Digital Assets trading, and provides Users with a trading platform, trading of giftcards, International Shipping and Delivery and other related services. As further detailed in Article 3 below, Users must register and open an account with Jeroid, and deposit Digital Assets into their account prior to trading. Users may, subject to the restrictions set forth in these Terms, apply for the withdrawal of Digital Assets.

Although Jeroid has been committed to maintaining the accuracy of the information provided through Jeroid Services, Jeroid cannot and does not guarantee its accuracy, applicability, reliability, integrity, performance or appropriateness, nor shall Jeroid be liable for any loss or damage that may be caused directly or indirectly by your use of these contents. The information about Jeroid Services may change without notice, and the main purpose of providing such information is to help Users make independent decisions. Jeroid does not provide investment or consulting advice of any kind, and is not responsible for the use or interpretation of information on Jeroid or any other communication medium. All Users of Jeroid Services must understand the risks involved in Digital Assets trading, and are recommended to exercise prudence and trade responsibly within their own capabilities.

  • Jeroid Account Registration and Requirements
  • Registration

All Users must apply for a Jeroid Account at https://www.jeroid.com.ng/ before using Jeroid Services. When you register a Jeroid Account, you must provide your real name, email address and password, and accept these Terms, the Privacy Policy, and other Jeroid Platform Rules. Jeroid may refuse, in its discretion, to open a Jeroid Account for you. You agree to provide complete and accurate information when opening a Jeroid Account, and agree to timely update any information you provide to Jeroid to maintain the integrity and accuracy of the information. Only one User can be registered at a time, but each individual User (including any User that is a business or legal entity) may maintain only one main account at any given time. Institutional Users (including Users that are businesses and other legal entities) can open one or more subaccounts under the main account with the consent of Jeroid. For certain Jeroid Services, you may be required to set up a special account independent from your Jeroid Account, based on the provisions of these Terms or the Supplementary Terms. The registration, use, protection and management of such trading accounts are equally governed by the provisions of this article and article 6, unless otherwise stated in these Terms or the Supplementary Terms.

  • Eligibility

By registering to use a Jeroid Account, you represent and warrant that (i) as an individual, you are at least 18 or are of legal age to form a binding contract under applicable laws; (ii) as an individual, legal person, or other organization, you have full legal capacity and sufficient authorizations to enter into these Terms; (iii) you have not been previously suspended or removed from using Jeroid Services; (iv) you do not currently have a Jeroid Account. (v) If you act as an employee or agent of a legal entity, and enter into these Terms on their behalf, you represent and warrant that you have all the necessary rights and authorizations to bind such legal entity; (vi) your use of Jeroid Services will not violate any and all laws and regulations applicable to you, including but not limited to regulations on anti-money laundering, anti-corruption, and counter-terrorist financing.

  • User Identity Verification

Your registration of an account with Jeroid will be deemed your agreement to provide required personal information for identity verification. Such information will be used to verify Users’ identity, identify traces of money laundering, terrorist financing, fraud and other financial crimes through Jeroid, or for other lawful purposes stated by Jeroid. We will collect, use and share such information in accordance with our Privacy Policy. In addition to providing such information, you agree to allow us to keep a record of that information during the period for which your account is active and within five (5) years after your account is closed, in compliance with global industry standards on data storage. You also authorize us to conduct necessary investigations directly or through a third party to verify your identity or protect you and/or us from financial crimes, such as fraud. The information we require to verify your identity may include, but is not limited to, your name, email address, contact information, phone number, username, government-issued ID, date of birth, and other information collected during account registration. When providing the required information, you confirm it is true and accurate. AFTER REGISTRATION, YOU MUST ENSURE THAT THE INFORMATION IS TRUE, COMPLETE, AND TIMELY UPDATED WHEN CHANGED. IF THERE ARE ANY GROUNDS FOR BELIEVING THAT ANY OF THE INFORMATION YOU PROVIDED IS INCORRECT, FALSE, OUTDATED OR INCOMPLETE, JEROID RESERVES THE RIGHT TO SEND YOU A NOTICE TO DEMAND CORRECTION, DIRECTLY DELETE THE RELEVANT INFORMATION, AND, AS THE CASE MAY BE, TERMINATE ALL OR PART OF JEROID SERVICES WE PROVIDE FOR YOU. IF WE ARE UNABLE TO REACH YOU WITH THE CONTACT INFORMATION YOU PROVIDED, YOU SHALL BE FULLY LIABLE FOR ANY LOSS OR EXPENSE CAUSED TO JEROID DURING YOUR USE OF JEROID SERVICES. YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE THE OBLIGATION TO UPDATE ALL THE INFORMATION IF THERE IS ANY CHANGE.

BY REGISTERING AN ACCOUNT, YOU HEREBY AUTHORIZE JEROID TO CONDUCT INVESTIGATIONS THAT JEROID CONSIDERS NECESSARY, EITHER DIRECTLY OR THROUGH A THIRD PARTY, TO VERIFY YOUR IDENTITY OR PROTECT YOU, OTHER USERS AND/OR JEROID FROM FRAUD OR OTHER FINANCIAL CRIMES, AND TO TAKE NECESSARY ACTIONS BASED ON THE RESULTS OF SUCH INVESTIGATIONS. YOU ALSO ACKNOWLEDGE AND AGREE THAT YOUR PERSONAL INFORMATION MAY BE DISCLOSED TO CREDIT BUREAUS AND AGENCIES FOR FRAUD PREVENTION OR FINANCIAL CRIME PREVENTION, WHICH MAY RESPOND TO OUR INVESTIGATIONS IN FULL.

  • Account Usage Requirements

The Jeroid Account can only be used by the account registrant. Jeroid reserves the right to suspend, freeze or cancel the use of Jeroid Accounts by persons other than account registrant. If you suspect or become aware of any unauthorised use of your username and password, you should notify Jeroid immediately. Jeroid assumes no liability for any loss or damage arising from the use of Jeroid Account by you or any third party with or without your authorisation.

  • Account Security

Jeroid has been committed to maintaining the security of User entrusted funds, and has implemented industry standard protection for Jeroid Services. However, the actions of individual Users may pose risks. You shall agree to treat your access credentials (such as username and password) as confidential information, and not to disclose such information to any third party. You also agree to be solely responsible for taking the necessary security measures to protect your Jeroid Account and personal information.

You should be solely responsible for the safe keeping of your Jeroid Account and password, and be responsible for all the transactions under your Jeroid Account. Jeroid assumes no liability for any loss or consequences caused by authorised or unauthorised use of your account credentials, including but not limited to information disclosure, information release, consent or submission of various rules and agreements by clicking on the website, online agreement renewal, etc.

By creating a Jeroid Account, you hereby agree that:

  • First, you will notify Jeroid immediately if you are aware of any unauthorised use of your Jeroid Account and password or any other violation of security rules;
  • Second, you will strictly abide by all mechanisms or procedures of Jeroid regarding security, authentication, trading, charging, and withdrawal; and
  • Third, you will take appropriate steps to logout from Jeroid at the end of each visit.
  • Personal Data

Your personal data will be properly protected and kept confidential, but Jereoid has the right to collect, process, use or disclose your personal data in accordance with the Terms (including the Privacy Policy) or applicable laws. Depending on the products or services concerned, your personal data may be disclosed to the following third parties:

  • your transaction counterparty;
  • Jeroid Operators, and the shareholders, partners, investors, directors, supervisors, senior managers and employees of such entities;
  • our joint ventures, alliance partners and business partners;
  • our agents, contractors, suppliers, third-party service providers and professional advisers, including the parties who have been contracted to provide us with administrative, financial, research, operations, IT and other services, in such areas as telecommunications, information technology, payroll, information processing, training, market research, storage and archival;
  • third-party business partners who provide goods and services or sponsor contests or other promotional activities, whether or not in cooperation with us;
  • insurance companies or insurance investigators and credit providers;
  • credit bureaus, or any debt collection agencies or dispute resolution centres in the event of violation or dispute;
  • business partners, investors, trustees or assignees (actual or expected) that promote business asset transactions (which can be broadened to include any merger, acquisition or asset sale) of Jeroid Operators;
  • professional consultants such as auditors and lawyers;
  • relevant government regulatory agencies or law enforcement agencies to comply with laws or regulations formulated by government authorities;
  • assignees of our rights and obligations;
  • banks, credit card companies and their respective service providers;
  • persons with your consent as determined by you or the applicable contract.

  • Jeroid Services

Upon completion of the registration and identity verification for your Jeroid Account, you may use various Jeroid Services, including but not limited to, Crypto-to-crypto Trading, Trading of giftcards,.... research and other information released by Jeroid, participating in User activities held by Jeroid, etc., in accordance with the provisions of these Terms (including Jeroid Platform Rules and other individual agreements). Jeroid has the right to:

  • Provide, modify or terminate, in its discretion, any Jeroid Services based on its development plan; and
  • Allow or prohibit some Users’ use of any Jeroid Services in accordance with relevant Jeroid Platform Rules.

  • Service Usage Guidelines
  • License

Provided that you constantly comply with the express terms and conditions stated in these Terms, Jeroid grants you a revocable, limited, royalty-free, non-exclusive, non-transferable, and non-sublicensable license to access and use Jeroid Services through your computer or Internet compatible devices for your personal/internal purposes. You are prohibited to use Jeroid Services for resale or commercial purposes, including transactions on behalf of other persons or entities. All the above actions are expressly prohibited and constitute a material violation of these Terms. The content layout, format, function and access rights regarding Jeroid Services should be stipulated in the discretion of Jeroid. Jeroid reserves all rights not expressly granted in these Terms. Therefore, you are hereby prohibited from using Jeroid Services in any way not expressly authorised by these Terms.

These Terms only grant a limited license to access and use Jeroid Services. Therefore, you hereby agree that when you use Jerooid Services, Jeroid does not transfer Jeroid Services or the ownership or intellectual property rights of any Jeroid intellectual property to you or anyone else. All the text, graphics, user interfaces, visual interface, photos, sounds, process flow diagrams, computer code (including html code), programs, software, products, information and documents, as well as the design, structure, selection, coordination, expression, look and feel, and layout of any content included in the services or provided through Jeroid Services, are exclusively owned, controlled and/or licensed by Jeroid Operators or its members, parent companies, licensors or affiliates.

Jeroid owns any feedback, suggestions, ideas, or other information or materials (hereinafter collectively referred to as “Feedback”) about Jeroid or Jeroid Services that you provide through email, Jeroid Services, or other ways. You hereby transfer all rights, ownership and interests of the Feedback and all related intellectual property rights to Jeroid. You have no right and hereby waive any request for acknowledgment or compensation based on any Feedback, or any modifications based on any Feedback.

  • Restrictions

When you use Jeroid Services, you agree and undertake to comply with the following provisions:

  • During the use of Jeroid Services, all activities you carry out should comply with the requirements of applicable laws and regulations, these Terms, and various guidelines of Jeroid;
  • Your use of Jeroid Services should not violate public interests, public morals, or the legitimate interests of others, including any actions that would interfere with, disrupt, negatively affect, or prohibit other Users from using Jeroid Services;
  • You agree not to use the services for market manipulation (such as pump and dump schemes, wash trading, self-trading, front running, quote stuffing, and spoofing or layering, regardless of whether prohibited by law);
  • Without written consent from Jeroid, the following commercial uses of Jeroid data are prohibited:
  • Trading services that make use of Jeroid quotes or market bulletin board information.
  • Data feeding or streaming services that make use of any market data of Jeroid.
  • Any other websites/apps/services that charge for or otherwise profit from (including through advertising or referral fees) market data obtained from Jeroid.
  • Without prior written consent from Jeroid, you may not modify, replicate, duplicate, copy, download, store, further transmit, disseminate, transfer, disassemble, broadcast, publish, remove or alter any copyright statement or label, or license, sub-license, sell, mirror, design, rent, lease, private label, grant security interests in the properties or any part of the properties, or create their derivative works or otherwise take advantage of any part of the properties.
  • You may not
  • use any deep linking, web crawlers, bots, spiders 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 properties, or replicate or bypass the navigational structure or presentation of Jeroid Services in any way, in order to obtain or attempt to obtain any materials, documents or information in any manner not purposely provided through Jeroid Services;
  • attempt to access any part or function of the properties without authorisation, or connect to Jeroid Services or any Jeroid servers or any other systems or networks of any Jeroid Services provided through the services by hacking, password mining or any other unlawful or prohibited means;
  • probe, scan or test the vulnerabilities of Jeroid Services or any network connected to the properties, or violate any security or authentication measures on Jeroid Services or any network connected to Jeroid Services;
  • reverse look-up, track or seek to track any information of any other Users or visitors of Jeriod Services;
  • take any actions that imposes an unreasonable or disproportionately large load on the infrastructure of systems or networks of Jeroid Services or Jeroid, or the infrastructure of any systems or networks connected to Jeroid services;
  • use any devices, software or routine programs to interfere with the normal operation of Jeroid Services or any transactions on Jeroid Services, or any other person’s use of Jeroid Services;
  • forge headers, impersonate, or otherwise manipulate identification, to disguise your identity or the origin of any messages or transmissions you send to Jeroid, or
  • use Jeroid Services in an illegal way.

By accessing Jeroid Services, you agree that Jeroid has the right to investigate any violation of these Terms, unilaterally determine whether you have violated these Terms, and take actions under relevant regulations without your consent or prior notice. Examples of such actions include, but are not limited to:

  • Blocking and closing order requests;
  • Freezing your account;
  • Reporting the incident to the relevant authorities;
  • Publishing the alleged violations and actions that have been taken;
  • Deleting any information you published that are found to be violations.

  • Crypto-to-crypto Trading

Upon completion of the registration and identity verification for your Jeroid Account, you may conduct Crypto-to-crypto Trading on Jeroid in accordance with the provisions of these Terms and Jeroid Platform Rules.

  • Orders

Upon sending an instruction of using Jeroid Services for Crypto-to-crypto Trading (an “Order”), your account will be immediately updated to reflect the open Orders, and your Orders will be included in Jeroid’s order book to match other users’ Orders. If one of your Orders fully or partially matches another user’s Order, Jeroid will execute an exchange (a “Transaction”). Once the Transaction is executed, your account will be updated to reflect that the Order has been fully executed and closed, or the Order has been partially executed. The Order will remain uncompleted until it is fully executed or cancelled under paragraph (b) below. To conclude a Transaction, you authorize Jeroid to temporarily control the Digital Currencies involved in your Transaction.

  • Cancellation

For Orders initiated through Jeroid Services, you may only cancel them before they have been matched with other Users’ Orders. Once your Order has been matched with another user’s Order, you may not change, revoke or cancel Jeroid’s authorization to complete the Order. For any partially matched Order, you may cancel the unmatched part of the Order unless such portion has been matched. Jeroid reserves the right to reject any cancellation request related to the Order you have submitted. If your account does not have sufficient amount of Digital Currencies to execute an Order, Jeroid may cancel the entire Order, or execute part of the Order with the amount of Digital Currencies you have in your account (in each case, any Transaction related fees payable to Jeroid are deducted as stated in paragraph (c) below).

  • Fees

You agree to pay Jeroid the fees specified in https://www.jeroid.com.ng/. Jeroid may, in its discretion, update the fees at any time. Any updated fees will apply to any sales or other Transactions that occur following the effective date of the updated fees. You authorize Jeroid to deduct from your account any applicable fees that you owe under these Terms.

  • Other Types of Crypto-to-crypto Trading

In addition to the Crypto-to-crypto Trading that allows users to directly place orders as mentioned in paragraph (a) above, Jeroid may, in its discretion, provide technical and platform services for other types of Crypto-to-crypto Trading under its separately formulated Jeroid Platform Rules, such as One Cancels the Other (OCO) and block trade.

  • Liabilities
  • Disclaimer of Warranties

TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, JEROID SERVICES, JEROID MATERIALS AND ANY PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF JEROID ARE OFFERED ON AN “AS IS” AND “AS AVAILABLE” BASIS, AND JEROID EXPRESSLY DISCLAIMS, AND YOU WAIVE, ANY AND ALL OTHER WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON-INFRINGEMENT OR WARRANTIES ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE IN TRADE. WITHOUT LIMITING THE FOREGOING, JEROID DOES NOT REPRESENT OR WARRANT THAT THE SITE, JEROID SERVICES OR JEROID MATERIALS ARE ACCURATE, COMPLETE, RELIABLE, CURRENT, ERROR-FREE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. JEROID DOES NOT GUARANTEE THAT ANY ORDER WILL BE EXECUTED, ACCEPTED, RECORDED OR REMAIN OPEN. EXCEPT FOR THE EXPRESS STATEMENTS, AGREEMENTS AND RULES SET FORTH IN THESE TERMS, YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED UPON ANY OTHER STATEMENT OR AGREEMENT, WHETHER WRITTEN OR ORAL, WITH RESPECT TO YOUR USE AND ACCESS OF JEROID SERVICES. WITHOUT LIMITING THE FOREGOING, YOU HEREBY UNDERSTAND AND AGREE THAT JEROID WILL NOT BE LIABLE FOR ANY LOSSES OR DAMAGES ARISING OUT OF OR RELATING TO: (A) ANY INACCURACY, DEFECT OR OMISSION OF DIGITAL ASSETS PRICE DATA, (B) ANY ERROR OR DELAY IN THE TRANSMISSION OF SUCH DATA, (C) INTERRUPTION IN ANY SUCH DATA, (D) REGULAR OR UNSCHEDULED MAINTENANCE CARRIED OUT BY JEROID AND SERVICE INTERRUPTION AND CHANGE RESULTING FROM SUCH MAINTENANCE, (E) ANY DAMAGES INCURRED BY OTHER USERS’ ACTIONS, OMISSIONS OR VIOLATION OF THESE TERMS, (F) ANY DAMAGE CAUSED BY ILLEGAL ACTIONS OF OTHER THIRD PARTIES OR ACTIONS WITHOUT AUTHORISED BY JEROID; AND (G) OTHER EXEMPTIONS MENTIONED IN DISCLAIMERS AND PLATFORM RULES ISSUED BY JEROID.

THE DISCLAIMER OF IMPLIED WARRANTIES CONTAINED HEREIN MAY NOT APPLY IF AND TO THE EXTENT IT IS PROHIBITED BY APPLICABLE LAW OF THE JURISDICTION IN WHICH YOU RESIDE.

  • Disclaimer of Damages and Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL JEROID, ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS BE LIABLE FOR ANY INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR SIMILAR DAMAGES OR LIABILITIES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF DATA, INFORMATION, REVENUE, PROFITS OR OTHER BUSINESSES OR FINANCIAL BENEFITS) ARISING OUT OF JEROID SERVICES, ANY PERFORMANCE OR NON-PERFORMANCE OF JEROID SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF JEROID AND ITS AFFILIATES, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY EVEN IF JEROID HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES EXCEPT TO THE EXTENT OF A FINAL JUDICIAL DETERMINATION THAT SUCH DAMAGES WERE A RESULT OF JEROID’S GROSS NEGLIGENCE, FRAUD, WILLFUL MISCONDUCT OR INTENTIONAL VIOLATION OF LAW. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.

NOTWITHSTANDING THE FOREGOING, IN NO EVENT WILL THE LIABILITY OF JEROID, ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS ARISING OUT OF SERVICES OFFERED BY OR ON BEHALF OF JEROID AND ITS AFFILIATES, ANY PERFORMANCE OR NON-PERFORMANCE OF JEROID SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY, EXCEED THE AMOUNT OF THE FEES PAID BY YOU TO JEROID UNDER THESE TERMS IN THE TWELVE-MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY.

  • Indemnification

You agree to indemnify and hold harmless Jeroid Operators, their affiliates, contractors, licensors, and their respective directors, officers, employees and agents from and against any claims, actions, proceedings, investigations, demands, suits, costs, expenses and damages (including attorneys’ fees, fines or penalties imposed by any regulatory authority) arising out of or related to (i) your use of, or conduct in connection with, Jeroid Services, (ii) your breach or our enforcement of these Terms, or (iii) your violation of any applicable law, regulation, or rights of any third party during your use of Jeroid Services. If you are obligated to indemnify Jeroid Operators, their affiliates, contractors, licensors, and their respective directors, officers, employees or agents pursuant to these Terms, Jeroid will have the right, in its sole discretion, to control any action or proceeding and to determine whether Jeroid wishes to settle, and if so, on what terms.

  • Announcements

Please be aware that all official announcements, news, promotions and competitions will be listed on https://www.jeroid.com.ng/. USERS UNDERTAKE TO REFER TO THESE MATERIALS REGULARLY AND PROMPTLY. JEROID WILL NOT BE HELD LIABLE OR RESPONSIBLE IN ANY MANNER OF COMPENSATION SHOULD USERS INCUR PERSONAL LOSSES ARISING FROM IGNORANCE OR NEGLIGENCE OF THE ANNOUNCEMENTS.

  • Termination of Agreement
  • Suspension of Jeroid Accounts

You agree that Jeroid shall have the right to immediately suspend your Jeroid Account (and any accounts beneficially owned by related entities or affiliates), freeze or lock the Digital Assets or funds in all such accounts, and suspend your access to Jeroid for any reason including if Jeroid suspects any such accounts to be in violation of these Terms, our Privacy Policy, or any applicable laws and regulations. You agree that Jeroid shall not be liable to you for any permanent or temporary modification of your Jeroid Account, or suspension or termination of your access to all or any portion of Jeroid Services. Jeroid shall reserve the right to keep and use the transaction data or other information related to such Jeroid Accounts. The above account controls may also be applied in the following cases:

  • The Jeroid Account is subject to a governmental proceeding, criminal investigation or other pending litigation;
  • We detect unusual activities in the Jeroid Account;
  • We detect unauthorized access to the Jeroid Account;
  • We are required to do so by a court order or command by a regulatory/government authority.
  • Cancellation of Jeroid Accounts

In case of any of the following events, Jeroid shall have the right to directly terminate these Terms by cancelling your Jeroid Account, and shall enjoy the right but not the obligation to permanently freeze (cancel) the authorisations of your Jeroid Account on Jeroid and withdraw the corresponding Jeroid Account thereof:

  • after Jeroid terminates services to you;
  • you allegedly register or register in any other person’s name as a Jeroid User again, directly or indirectly;
  • the information that you have provided is untruthful, inaccurate, outdated or incomplete;
  • when these Terms are amended, you state your unwillingness to accept the amended Terms by applying for cancellation of your Jeroid Account or by other means;
  • you request that Jeroid Services be terminated; and
  • any other circumstances where Jeroid deems it should terminate Jeroid Services.

Should your Jeroid Account be terminated, the account and transactional information that meet data retention standards will be securely stored for 5 years. In addition, if a transaction is unfinished during the account termination process, Jeroid shall have the right to notify your counterparty of the situation at that time. You acknowledge that a user-initiated account exit will also be subjected to the termination protocol stated above.

If Jeroid is informed that any Digital Assets or funds held in your Jeroid Account are stolen or otherwise are not lawfully possessed by you, Jeroid may, but has no obligation to, place an administrative hold on the affected funds and your Jeroid Account. If Jeroid does lay down an administrative hold on some or all of your funds or Jeroid Account, Jeroid may continue such hold until such time as the dispute has been resolved and evidence of the resolution acceptable to Jeroid has been provided to Jeroid in a form acceptable to Jeroid. Jeroid will not involve itself in any such dispute or the resolution of the dispute. You agree that Jeroid will have no liability or responsibility for any such hold, or for your inability to withdraw Digital Assets or funds or execute trades during the period of any such hold.

  • Remaining Funds After Jeroid Account Termination

Except as set forth in paragraph 4 below, once a Jeroid Account is closed/withdrawn, all remaining account balance (which includes charges and liabilities owed to Jeroid) will be payable immediately to Jeroid. Upon payment of all outstanding charges to Jeroid (if any), Users will have 5 business days to withdraw all Digital Assets or funds from the account.

  • Remaining Funds After Jeroid Account Termination Due to Fraud, Violation of Law, or Violation of These Terms

Jeroid maintains full custody of the Digital Assets, funds and User data/information which may be turned over to governmental authorities in the event of Jeroid Accounts’ suspension/closure arising from fraud investigations, investigations of violation of law or violation of these Terms.

  • No Financial Advice

Jeroid is not your broker, intermediary, agent, or advisor and has no fiduciary relationship or obligation to you in connection with any trades or other decisions or activities effected by you using Jeroid Services. No communication or information provided to you by Jeroid is intended as, or shall be considered or construed as, investment advice, financial advice, trading advice, or any other sort of advice. Unless otherwise specified in these Terms, all trades are executed automatically, based on the parameters of your order instructions and in accordance with posted trade execution procedures, and you are solely responsible for determining 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 shall be solely responsible for any loss or liability therefrom. You should consult legal or tax professionals regarding your specific situation. Jeroid does 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 advisors prior to making any investment decision. Jeroid will not be held responsible for the decisions you make to buy, sell, or hold Digital Asset based on the information provided by Jeroid.

  • Compliance with Local Laws

It is Users’ responsibility to abide by local laws in relation to the legal usage of Jeroid Services in their local jurisdiction as well as other laws and regulations applicable to Users. Users must also factor, to the extent of their local laws all aspects of taxation, the withholding, collection, reporting and remittance to their appropriate tax authorities. ALL USERS OF JEROID SERVICES ACKNOWLEDGE AND DECLARE THAT THEIR FUNDS COME FROM LEGITIMATE SOURCES AND DO NOT ORIGINATE FROM ILLEGAL ACTIVITIES; USERS AGREE THAT JEROID WILL REQUIRE THEM TO PROVIDE OR OTHERWISE COLLECT THE NECESSARY INFORMATION AND MATERIALS AS PER RELEVANT LAWS OR GOVERNMENT ORDERS TO VERIFY THE LEGALITY OF THE SOURCES AND USE OF THEIR FUNDS. Jeroid maintains a stance of cooperation with law enforcement authorities globally and will not hesitate to seize, freeze, terminate Users’ accounts and funds which are flagged out or investigated by legal mandate.

  • Resolving Disputes: Forum, Arbitration, Class Action Waiver

PLEASE READ THIS SECTION CAREFULLY, AS IT INVOLVES A WAIVER OF CERTAIN RIGHTS TO BRING LEGAL PROCEEDINGS, INCLUDING AS A CLASS ACTION.

  • Notice of Claim and Dispute Resolution Period.

Please contact Jeroid first! Jeroid wants to address your concerns without resorting to formal legal proceedings, if possible. If you have a dispute with Jeroid, then you should contact Jeroid and a ticket number will be assigned. Jeroid will attempt to resolve your dispute internally as soon as possible. The parties agree to negotiate in good faith to resolve the dispute (which discussions shall remain confidential and be subject to applicable rules protecting settlement discussions from use as evidence in any legal proceeding).

In the event the dispute cannot be resolved satisfactorily, and you wish to assert a legal claim against Jeroid, then you agree to set forth the basis of such claim in writing in a “Notice of Claim,” as a form of prior notice to Jeroid. The Notice of Claim must (1) describe the nature and basis of the claim or dispute, (2) set forth the specific relief sought, (3) provide the original ticket number, and (4) include your Jeroid account email. The Notice of Claim should be submitted to an email address or hyperlink provided in your correspondence with Jeroid. After you have provided the Notice of Claim to Jeroid, the dispute referenced in the Notice of Claim may be submitted by either Jeroid or you to arbitration in accordance with paragraph 2 of this Section, below. For the avoidance of doubt, the submission of a dispute to Jeroid for resolution internally and the delivery of a Notice of Claim to Jeroid are prerequisites to commencement of an arbitration proceeding (or any other legal proceeding). During the arbitration, the amount of any settlement offer made by you or Jeroid shall not be disclosed to the arbitrator.

  • Agreement to Arbitrate and Governing Law.

You and Jeroid Operators agree that, subject to paragraph 1 above, any dispute, claim, or controversy between you and Jeroid (and/or Jeroid Operators) arising in connection with or relating in any way to these Terms or to your relationship with Jeroid (and/or Jeroid Operators) as a user of Jeroid Services (whether based in contract, tort, statute, fraud, misrepresentation, or any other legal theory, and whether the claims arise during or after the termination of these Terms) will be determined by mandatory final and binding individual (not class) arbitration, except as set forth below under Exceptions to Agreement to Arbitrate. You and Jeroid Operators further agree that the arbitrator shall have the exclusive power to rule on his or her own jurisdiction, including without limitation any objections with respect to the existence, scope or validity of the Agreement to Arbitrate, or to the arbitrability of any claim or counterclaim. Arbitration is more informal than a lawsuit in court. THERE IS NO JUDGE IN ARBITRATION, AND COURT REVIEW OF AN ARBITRATION AWARD IS LIMITED. There may be more limited discovery than in court. The arbitrator must follow this agreement and can award the same damages and relief as a court (including, if applicable, attorney fees), except that the arbitrator may not award declaratory or injunctive relief in favour of anyone but the parties to the arbitration. The arbitration provisions set forth in this Section will survive termination of these Terms. Arbitration Rules.

  • Class Action Waiver.

You and Jeroid agree that any claims relating to these Terms or to your relationship with Jeroid as a user of Jeroid Services (whether based in contract, tort, statute, fraud, misrepresentation, or any other legal theory, and whether the claims arise during or after the termination of these Terms) shall be brought against the other party in an arbitration on an individual basis only and not as a plaintiff or class member in a purported class or representative action. You and Jeroid further agree to waive any right for such claims to be brought, heard, or arbitrated as a class, collective, representative, or private attorney general action, to the extent permissible by applicable law. Combining or consolidating individual arbitrations into a single arbitration is not permitted without the consent of all parties, including Jeroid.

  • Modifications.

Jeroid reserves the right to update, modify, revise, suspend, or make any future changes to Section X regarding the parties’ Agreement to Arbitrate, subject to applicable law. You hereby consent and agree that it is your responsibility to ensure that your understanding of this Section is up to date. Subject to the applicable law, your continued use of your Jeroid account shall be deemed to be your acceptance of any modifications to Section X regarding the parties’ Agreement to Arbitrate. You agree that if you object to the modifications to Section X, Jeroid may block access to your account pending closure of your account. In such circumstances, the Terms of Use prior to modification shall remain in full force and effect pending closure of your account.

  • Severability.

If any portion of these Terms are adjudged to be invalid or unenforceable for any reason or to any extent, the remainder of these Terms will remain valid and enforceable and the invalid or unenforceable portion will be given effect to the greatest extent permitted by law. pending closure of your account.

  • Miscellaneous
  • Independent Parties.

Jeroid is an independent contractor but not an agent of you in the performance of these Terms. These Terms shall not be interpreted as facts or evidence of an association, joint venture, partnership, or franchise between the parties.

  • Entire Agreement.

These Terms constitute the entire agreement between the parties regarding use of Jeroid Services and will supersede all prior written or oral agreements between the parties. No usage of trade or other regular practice or method of dealing between the parties will be used to modify, interpret, supplement, or alter the terms herein.

  • Interpretation and Revision.

Jeroid reserves the right to alter, revise, modify, and/or change these Terms at any time. All changes will take effect immediately upon being published on Jeroid websites. It is your responsibility to regularly check relevant pages on our websites/applications to confirm the latest version of these Terms. If you do not agree to any such modifications, your only remedy is to terminate your usage of Jeroid Services and cancel your account. You agree that, unless otherwise expressly provided in these Terms, Jeroid will not be responsible for any modification or termination of Jeroid Services by you or any third party, or suspension or termination of your access to Jeroid Services.

  • Force Majeure.

Jeroid will not be liable for any delay or failure to perform as required by these Terms because of any cause or condition beyond Jeroid’s reasonable control.

  • Severability.

If any portion of these Terms is held invalid or unenforceable, such invalidity or enforceability will not affect the other provisions of these Terms, which will remain in full force and effect, and the invalid or unenforceable portion will be given effect to the greatest extent possible.

  • Assignment.

You may not assign or transfer any right to use Jeroid Services or any of your rights or obligations under these Terms without prior written consent from Jeroid, including any right or obligation related to the enforcement of laws or the change of control. Jeroid may assign or transfer any or all of its rights or obligations under these Terms, in whole or in part, without notice or obtaining your consent or approval.

  • Waiver.

The failure of one party to require performance of any provision will not affect that party’s right to require performance at any time thereafter. At the same time, the waiver of one party to seek recovery for the other party’s violation of these Terms or any provision of applicable terms shall not constitute a waiver by that party of any subsequent breach or violation by the other party or of the provision itself.

  • Third-Party Website Disclaimer.

Any links to third-party websites from Jeroid Services does not imply endorsement by Jeroid of any product, service, information or disclaimer presented therein, nor does Jeroid guarantee the accuracy of the information contained on them. If you suffer loss from using such third-party product and service, Jeroid will not be liable for such loss. In addition, since Jeroid has no control over the terms of use or privacy policies of third-party websites, you should read and understand those policies carefully.

  • Matters Related to Apple Inc.

If you use any device manufactured by Apple Inc. to participate in any commercial activities or reward programs through Jeroid Services, such activities and programs are provided by Jeroid and are not associated with Apple Inc. in any manner.

  • Contact Information.

For more information on Jeroid, you may refer to the company and license information found on Jeroid websites. If you have questions regarding these Terms, please feel free to contact Jeroid for clarification via our Customer Support team at support@jeroid.com.ng/.

JEROID TERMS OF USE

These Jeroid Terms of Use is entered into between you (referred to as “you” or “your”) and Jeroid operators (as defined below). By accessing, downloading, using or clicking on “I agree” to accept any Jeroid Services (as defined below) provided by Jeroid (as defined below), you agree that you have read, understood and accepted all of the terms and conditions stipulated in these Terms of Use (referred to as “these Terms”) as well as our Privacy Policy. In addition, when using some features of the Services, you may be subject to specific additional terms and conditions applicable to those features.

Please read the terms carefully as they govern your use of Jeroid Services. THESE TERMS CONTAIN IMPORTANT PROVISIONS INCLUDING AN ARBITRATION PROVISION THAT REQUIRES ALL CLAIMS TO BE RESOLVED BY WAY OF LEGALLY BINDING ARBITRATION. The terms of the arbitration provision are set forth in Article 9, “Resolving Disputes: Forum, Arbitration, Class Action Waiver”, hereunder. As with any asset, the values of Digital Currencies (as defined below) may fluctuate significantly and there is a substantial risk of economic losses when purchasing, selling, holding or investing in Digital Currencies and their derivatives. BY MAKING USE OF JEROID SERVICES, YOU ACKNOWLEDGE AND AGREE THAT: (1) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; (2) YOU SHALL ASSUME ALL RISKS RELATED TO THE USE OF JEROID SERVICES AND TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; AND (3) JEROID SHALL NOT BE LIABLE FOR ANY SUCH RISKS OR ADVERSE OUTCOMES.

By accessing, using or attempting to use Jeroid Services in any capacity, you acknowledge that you accept and agree to be bound by these Terms. If you do not agree, do not access Jeroid or utilize Jeroid services.

  • Definitions
  • Jeriod refers to an ecosystem comprising Jeroid websites (whose domain names include but are not limited to https://www.jeroid.com.ng/), mobile applications and other applications that are developed to offer Jeroid Services.
  • Jeroid Operators refer to all parties that run Jeroid, including but not limited to legal persons, unincorporated organizations and teams that provide Jeroid Services and are responsible for such services. For convenience, unless otherwise stated, references to “Jeroid” and “we” in these Terms specifically mean Jeroid Operators. UNDER THESE TERMS, JEROID OPERATORS MAY CHANGE AS JERIOD’S BUSINESS ADJUSTS/GROWS, IN WHICH CASE, THE CHANGED OPERATORS SHALL PERFORM THEIR OBLIGATIONS UNDER THESE TERMS WITH YOU AND PROVIDE SERVICES TO YOU, AND SUCH CHANGE DOES NOT AFFECT YOUR RIGHTS AND INTERESTS UNDER THESE TERMS. ADDITIONALLY, THE SCOPE OF JEROID OPERATORS MAY BE EXPANDED DUE TO THE PROVISION OF NEW JEROID SERVICES, IN WHICH CASE, IF YOU CONTINUE TO USE JEROID SERVICES, IT IS DEEMED THAT YOU HAVE AGREED TO JOINTLY EXECUTE THESE TERMS WITH THE NEWLY ADDED JEROID OPERATORS. IN CASE OF A DISPUTE, YOU SHALL DETERMINE THE ENTITIES BY WHICH THESE TERMS ARE PERFORMED WITH YOU AND THE COUNTERPARTIES OF THE DISPUTE, DEPENDING ON THE SPECIFIC SERVICES YOU USE AND THE PARTICULAR ACTIONS THAT AFFECT YOUR RIGHTS OR INTERESTS.
  • Jeroid Services refer to various services provided to you by Jeroid that are based on Internet and/or blockchain technologies and offered via Jeroid websites, mobile applications, and other forms (including new ones enabled by future technological development). Jeroid Services include but are not limited to such Jeroid ecosystem components as Digital Asset Trading Platforms, ... Trading of Giftcards, international Shipping and Delivery Services to be provided by Jeroid.
  • Jeroid Platform Rules refer to all rules, interpretations, announcements, statements, letters of consent and other contents that have been and will be subsequently released by Jeroid, as well as all regulations, implementation rules, product process descriptions, and announcements published in the Help Center or within products or service processes.
  • Users refer to all individuals, institutions or organizations that access, download or use Jeroid or Jeroid Services and who meet the criteria and conditions stipulated by Jeroid. If there exist other agreements for such entities as developers, distributors, market makers, and Digital Currencies exchanges, such agreements shall be followed.
  • Digital Currencies refer to encrypted or digital tokens or cryptocurrencies with a certain value that are based on blockchain and cryptography technologies and are issued and managed in a decentralized form.
  • Digital Assets refer to Digital Currencies, their derivatives or other types of digitalized assets with a certain value.
  • 8. Jeroid Accounts refer to the foundational virtual accounts, including main accounts and subaccounts, which are opened by Jeroid for Users to record on Jeroid their usage of Jeroid Services, transactions, asset changes and basic information. Jeroid Accounts serve as the basis for Users to enjoy and exercise their rights on Jeroid.
  • 9. Crypto-to-crypto Trading refers to spot transactions in which one digital currency is exchanged for another digital currency.
  • General Provisions
  • About These Terms
  • Contractual Relationship

These Terms constitute a legal agreement and create a binding contract between you and Jeroid Operators.

  • Supplementary Terms

Due to the rapid development of Digital Currencies and Jeroid, these Terms between you and Jeroid Operators do not enumerate or cover all rights and obligations of each party, and do not guarantee full alignment with needs arising from future development. Therefore, THE PRIVACY POLICY, JEROID PLATFORM RULES, AND ALL OTHER AGREEMENTS ENTERED INTO SEPARATELY BETWEEN YOU AND JEROID ARE DEEMED SUPPLEMENTARY TERMS THAT ARE AN INTEGRAL PART OF THESE TERMS AND SHALL HAVE THE SAME LEGAL EFFECT. YOUR USE OF JEROID SERVICES IS DEEMED YOUR ACCEPTANCE OF THE ABOVE SUPPLEMENTARY TERMS.

  • Changes to These Terms

Jeroid reserves the right to change or modify these Terms in its discretion at any time. Jeroid will notify such changes by updating the terms on its website and modifying the [Last revised] date displayed on this page. ANY AND ALL MODIFICATIONS OR CHANGES TO THESE TERMS WILL BECOME EFFECTIVE UPON PUBLICATION ON THE WEBSITE OR RELEASE TO USERS. THEREFORE, YOUR CONTINUED USE OF JEROID SERVICES IS DEEMED YOUR ACCEPTANCE OF THE MODIFIED AGREEMENT AND RULES. IF YOU DO NOT AGREE TO ANY CHANGES TO THESE TERMS, YOU MUST STOP USING JEROID SERVICES IMMEDIATELY. YOU ARE RECOMMENDED TO FREQUENTLY REVIEW THESE TERMS TO ENSURE YOUR UNDERSTANDING OF THE TERMS AND CONDITIONS THAT APPLY TO YOUR ACCESS TO AND USE OF JEROID SERVICES.

  • Prohibition of Use

BY ACCESSING AND USING JEROID SERVICES, YOU REPRESENT AND WARRANT THAT YOU HAVE NOT BEEN INCLUDED IN ANY TRADE EMBARGOES OR ECONOMIC SANCTIONS LIST (SUCH AS THE ECONOMIC AND FINANCIAL CRIME COMMISSION SANCTIONS LIST), JEROID RESERVES THE RIGHT TO CHOOSE MARKETS AND JURISDICTIONS TO CONDUCT BUSINESS, AND MAY RESTRICT OR REFUSE, IN ITS DISCRETION, THE PROVISION OF JEROID SERVICES IN CERTAIN COUNTRIES OR REGIONS.

  • About Jeroid

As an important part of the Jeroid Ecosystem, Jeroid mainly serves as a global online platform for Digital Assets trading, and provides Users with a trading platform, trading of giftcards, International Shipping and Delivery and other related services. As further detailed in Article 3 below, Users must register and open an account with Jeroid, and deposit Digital Assets into their account prior to trading. Users may, subject to the restrictions set forth in these Terms, apply for the withdrawal of Digital Assets.

Although Jeroid has been committed to maintaining the accuracy of the information provided through Jeroid Services, Jeroid cannot and does not guarantee its accuracy, applicability, reliability, integrity, performance or appropriateness, nor shall Jeroid be liable for any loss or damage that may be caused directly or indirectly by your use of these contents. The information about Jeroid Services may change without notice, and the main purpose of providing such information is to help Users make independent decisions. Jeroid does not provide investment or consulting advice of any kind, and is not responsible for the use or interpretation of information on Jeroid or any other communication medium. All Users of Jeroid Services must understand the risks involved in Digital Assets trading, and are recommended to exercise prudence and trade responsibly within their own capabilities.

  • Jeroid Account Registration and Requirements
  • Registration

All Users must apply for a Jeroid Account at https://www.jeroid.com.ng/ before using Jeroid Services. When you register a Jeroid Account, you must provide your real name, email address and password, and accept these Terms, the Privacy Policy, and other Jeroid Platform Rules. Jeroid may refuse, in its discretion, to open a Jeroid Account for you. You agree to provide complete and accurate information when opening a Jeroid Account, and agree to timely update any information you provide to Jeroid to maintain the integrity and accuracy of the information. Only one User can be registered at a time, but each individual User (including any User that is a business or legal entity) may maintain only one main account at any given time. Institutional Users (including Users that are businesses and other legal entities) can open one or more subaccounts under the main account with the consent of Jeroid. For certain Jeroid Services, you may be required to set up a special account independent from your Jeroid Account, based on the provisions of these Terms or the Supplementary Terms. The registration, use, protection and management of such trading accounts are equally governed by the provisions of this article and article 6, unless otherwise stated in these Terms or the Supplementary Terms.

  • Eligibility

By registering to use a Jeroid Account, you represent and warrant that (i) as an individual, you are at least 18 or are of legal age to form a binding contract under applicable laws; (ii) as an individual, legal person, or other organization, you have full legal capacity and sufficient authorizations to enter into these Terms; (iii) you have not been previously suspended or removed from using Jeroid Services; (iv) you do not currently have a Jeroid Account. (v) If you act as an employee or agent of a legal entity, and enter into these Terms on their behalf, you represent and warrant that you have all the necessary rights and authorizations to bind such legal entity; (vi) your use of Jeroid Services will not violate any and all laws and regulations applicable to you, including but not limited to regulations on anti-money laundering, anti-corruption, and counter-terrorist financing.

  • User Identity Verification

Your registration of an account with Jeroid will be deemed your agreement to provide required personal information for identity verification. Such information will be used to verify Users’ identity, identify traces of money laundering, terrorist financing, fraud and other financial crimes through Jeroid, or for other lawful purposes stated by Jeroid. We will collect, use and share such information in accordance with our Privacy Policy. In addition to providing such information, you agree to allow us to keep a record of that information during the period for which your account is active and within five (5) years after your account is closed, in compliance with global industry standards on data storage. You also authorize us to conduct necessary investigations directly or through a third party to verify your identity or protect you and/or us from financial crimes, such as fraud. The information we require to verify your identity may include, but is not limited to, your name, email address, contact information, phone number, username, government-issued ID, date of birth, and other information collected during account registration. When providing the required information, you confirm it is true and accurate. AFTER REGISTRATION, YOU MUST ENSURE THAT THE INFORMATION IS TRUE, COMPLETE, AND TIMELY UPDATED WHEN CHANGED. IF THERE ARE ANY GROUNDS FOR BELIEVING THAT ANY OF THE INFORMATION YOU PROVIDED IS INCORRECT, FALSE, OUTDATED OR INCOMPLETE, JEROID RESERVES THE RIGHT TO SEND YOU A NOTICE TO DEMAND CORRECTION, DIRECTLY DELETE THE RELEVANT INFORMATION, AND, AS THE CASE MAY BE, TERMINATE ALL OR PART OF JEROID SERVICES WE PROVIDE FOR YOU. IF WE ARE UNABLE TO REACH YOU WITH THE CONTACT INFORMATION YOU PROVIDED, YOU SHALL BE FULLY LIABLE FOR ANY LOSS OR EXPENSE CAUSED TO JEROID DURING YOUR USE OF JEROID SERVICES. YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE THE OBLIGATION TO UPDATE ALL THE INFORMATION IF THERE IS ANY CHANGE.

BY REGISTERING AN ACCOUNT, YOU HEREBY AUTHORIZE JEROID TO CONDUCT INVESTIGATIONS THAT JEROID CONSIDERS NECESSARY, EITHER DIRECTLY OR THROUGH A THIRD PARTY, TO VERIFY YOUR IDENTITY OR PROTECT YOU, OTHER USERS AND/OR JEROID FROM FRAUD OR OTHER FINANCIAL CRIMES, AND TO TAKE NECESSARY ACTIONS BASED ON THE RESULTS OF SUCH INVESTIGATIONS. YOU ALSO ACKNOWLEDGE AND AGREE THAT YOUR PERSONAL INFORMATION MAY BE DISCLOSED TO CREDIT BUREAUS AND AGENCIES FOR FRAUD PREVENTION OR FINANCIAL CRIME PREVENTION, WHICH MAY RESPOND TO OUR INVESTIGATIONS IN FULL.

  • Account Usage Requirements

The Jeroid Account can only be used by the account registrant. Jeroid reserves the right to suspend, freeze or cancel the use of Jeroid Accounts by persons other than account registrant. If you suspect or become aware of any unauthorised use of your username and password, you should notify Jeroid immediately. Jeroid assumes no liability for any loss or damage arising from the use of Jeroid Account by you or any third party with or without your authorisation.

  • Account Security

Jeroid has been committed to maintaining the security of User entrusted funds, and has implemented industry standard protection for Jeroid Services. However, the actions of individual Users may pose risks. You shall agree to treat your access credentials (such as username and password) as confidential information, and not to disclose such information to any third party. You also agree to be solely responsible for taking the necessary security measures to protect your Jeroid Account and personal information.

You should be solely responsible for the safe keeping of your Jeroid Account and password, and be responsible for all the transactions under your Jeroid Account. Jeroid assumes no liability for any loss or consequences caused by authorised or unauthorised use of your account credentials, including but not limited to information disclosure, information release, consent or submission of various rules and agreements by clicking on the website, online agreement renewal, etc.

By creating a Jeroid Account, you hereby agree that:

  • First, you will notify Jeroid immediately if you are aware of any unauthorised use of your Jeroid Account and password or any other violation of security rules;
  • Second, you will strictly abide by all mechanisms or procedures of Jeroid regarding security, authentication, trading, charging, and withdrawal; and
  • Third, you will take appropriate steps to logout from Jeroid at the end of each visit.
  • Personal Data

Your personal data will be properly protected and kept confidential, but Jereoid has the right to collect, process, use or disclose your personal data in accordance with the Terms (including the Privacy Policy) or applicable laws. Depending on the products or services concerned, your personal data may be disclosed to the following third parties:

  • your transaction counterparty;
  • Jeroid Operators, and the shareholders, partners, investors, directors, supervisors, senior managers and employees of such entities;
  • our joint ventures, alliance partners and business partners;
  • our agents, contractors, suppliers, third-party service providers and professional advisers, including the parties who have been contracted to provide us with administrative, financial, research, operations, IT and other services, in such areas as telecommunications, information technology, payroll, information processing, training, market research, storage and archival;
  • third-party business partners who provide goods and services or sponsor contests or other promotional activities, whether or not in cooperation with us;
  • insurance companies or insurance investigators and credit providers;
  • credit bureaus, or any debt collection agencies or dispute resolution centres in the event of violation or dispute;
  • business partners, investors, trustees or assignees (actual or expected) that promote business asset transactions (which can be broadened to include any merger, acquisition or asset sale) of Jeroid Operators;
  • professional consultants such as auditors and lawyers;
  • relevant government regulatory agencies or law enforcement agencies to comply with laws or regulations formulated by government authorities;
  • assignees of our rights and obligations;
  • banks, credit card companies and their respective service providers;
  • persons with your consent as determined by you or the applicable contract.

  • Jeroid Services

Upon completion of the registration and identity verification for your Jeroid Account, you may use various Jeroid Services, including but not limited to, Crypto-to-crypto Trading, Trading of giftcards,.... research and other information released by Jeroid, participating in User activities held by Jeroid, etc., in accordance with the provisions of these Terms (including Jeroid Platform Rules and other individual agreements). Jeroid has the right to:

  • Provide, modify or terminate, in its discretion, any Jeroid Services based on its development plan; and
  • Allow or prohibit some Users’ use of any Jeroid Services in accordance with relevant Jeroid Platform Rules.

  • Service Usage Guidelines
  • License

Provided that you constantly comply with the express terms and conditions stated in these Terms, Jeroid grants you a revocable, limited, royalty-free, non-exclusive, non-transferable, and non-sublicensable license to access and use Jeroid Services through your computer or Internet compatible devices for your personal/internal purposes. You are prohibited to use Jeroid Services for resale or commercial purposes, including transactions on behalf of other persons or entities. All the above actions are expressly prohibited and constitute a material violation of these Terms. The content layout, format, function and access rights regarding Jeroid Services should be stipulated in the discretion of Jeroid. Jeroid reserves all rights not expressly granted in these Terms. Therefore, you are hereby prohibited from using Jeroid Services in any way not expressly authorised by these Terms.

These Terms only grant a limited license to access and use Jeroid Services. Therefore, you hereby agree that when you use Jerooid Services, Jeroid does not transfer Jeroid Services or the ownership or intellectual property rights of any Jeroid intellectual property to you or anyone else. All the text, graphics, user interfaces, visual interface, photos, sounds, process flow diagrams, computer code (including html code), programs, software, products, information and documents, as well as the design, structure, selection, coordination, expression, look and feel, and layout of any content included in the services or provided through Jeroid Services, are exclusively owned, controlled and/or licensed by Jeroid Operators or its members, parent companies, licensors or affiliates.

Jeroid owns any feedback, suggestions, ideas, or other information or materials (hereinafter collectively referred to as “Feedback”) about Jeroid or Jeroid Services that you provide through email, Jeroid Services, or other ways. You hereby transfer all rights, ownership and interests of the Feedback and all related intellectual property rights to Jeroid. You have no right and hereby waive any request for acknowledgment or compensation based on any Feedback, or any modifications based on any Feedback.

  • Restrictions

When you use Jeroid Services, you agree and undertake to comply with the following provisions:

  • During the use of Jeroid Services, all activities you carry out should comply with the requirements of applicable laws and regulations, these Terms, and various guidelines of Jeroid;
  • Your use of Jeroid Services should not violate public interests, public morals, or the legitimate interests of others, including any actions that would interfere with, disrupt, negatively affect, or prohibit other Users from using Jeroid Services;
  • You agree not to use the services for market manipulation (such as pump and dump schemes, wash trading, self-trading, front running, quote stuffing, and spoofing or layering, regardless of whether prohibited by law);
  • Without written consent from Jeroid, the following commercial uses of Jeroid data are prohibited:
  • Trading services that make use of Jeroid quotes or market bulletin board information.
  • Data feeding or streaming services that make use of any market data of Jeroid.
  • Any other websites/apps/services that charge for or otherwise profit from (including through advertising or referral fees) market data obtained from Jeroid.
  • Without prior written consent from Jeroid, you may not modify, replicate, duplicate, copy, download, store, further transmit, disseminate, transfer, disassemble, broadcast, publish, remove or alter any copyright statement or label, or license, sub-license, sell, mirror, design, rent, lease, private label, grant security interests in the properties or any part of the properties, or create their derivative works or otherwise take advantage of any part of the properties.
  • You may not
  • use any deep linking, web crawlers, bots, spiders 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 properties, or replicate or bypass the navigational structure or presentation of Jeroid Services in any way, in order to obtain or attempt to obtain any materials, documents or information in any manner not purposely provided through Jeroid Services;
  • attempt to access any part or function of the properties without authorisation, or connect to Jeroid Services or any Jeroid servers or any other systems or networks of any Jeroid Services provided through the services by hacking, password mining or any other unlawful or prohibited means;
  • probe, scan or test the vulnerabilities of Jeroid Services or any network connected to the properties, or violate any security or authentication measures on Jeroid Services or any network connected to Jeroid Services;
  • reverse look-up, track or seek to track any information of any other Users or visitors of Jeriod Services;
  • take any actions that imposes an unreasonable or disproportionately large load on the infrastructure of systems or networks of Jeroid Services or Jeroid, or the infrastructure of any systems or networks connected to Jeroid services;
  • use any devices, software or routine programs to interfere with the normal operation of Jeroid Services or any transactions on Jeroid Services, or any other person’s use of Jeroid Services;
  • forge headers, impersonate, or otherwise manipulate identification, to disguise your identity or the origin of any messages or transmissions you send to Jeroid, or
  • use Jeroid Services in an illegal way.

By accessing Jeroid Services, you agree that Jeroid has the right to investigate any violation of these Terms, unilaterally determine whether you have violated these Terms, and take actions under relevant regulations without your consent or prior notice. Examples of such actions include, but are not limited to:

  • Blocking and closing order requests;
  • Freezing your account;
  • Reporting the incident to the relevant authorities;
  • Publishing the alleged violations and actions that have been taken;
  • Deleting any information you published that are found to be violations.

  • Crypto-to-crypto Trading

Upon completion of the registration and identity verification for your Jeroid Account, you may conduct Crypto-to-crypto Trading on Jeroid in accordance with the provisions of these Terms and Jeroid Platform Rules.

  • Orders

Upon sending an instruction of using Jeroid Services for Crypto-to-crypto Trading (an “Order”), your account will be immediately updated to reflect the open Orders, and your Orders will be included in Jeroid’s order book to match other users’ Orders. If one of your Orders fully or partially matches another user’s Order, Jeroid will execute an exchange (a “Transaction”). Once the Transaction is executed, your account will be updated to reflect that the Order has been fully executed and closed, or the Order has been partially executed. The Order will remain uncompleted until it is fully executed or cancelled under paragraph (b) below. To conclude a Transaction, you authorize Jeroid to temporarily control the Digital Currencies involved in your Transaction.

  • Cancellation

For Orders initiated through Jeroid Services, you may only cancel them before they have been matched with other Users’ Orders. Once your Order has been matched with another user’s Order, you may not change, revoke or cancel Jeroid’s authorization to complete the Order. For any partially matched Order, you may cancel the unmatched part of the Order unless such portion has been matched. Jeroid reserves the right to reject any cancellation request related to the Order you have submitted. If your account does not have sufficient amount of Digital Currencies to execute an Order, Jeroid may cancel the entire Order, or execute part of the Order with the amount of Digital Currencies you have in your account (in each case, any Transaction related fees payable to Jeroid are deducted as stated in paragraph (c) below).

  • Fees

You agree to pay Jeroid the fees specified in https://www.jeroid.com.ng/. Jeroid may, in its discretion, update the fees at any time. Any updated fees will apply to any sales or other Transactions that occur following the effective date of the updated fees. You authorize Jeroid to deduct from your account any applicable fees that you owe under these Terms.

  • Other Types of Crypto-to-crypto Trading

In addition to the Crypto-to-crypto Trading that allows users to directly place orders as mentioned in paragraph (a) above, Jeroid may, in its discretion, provide technical and platform services for other types of Crypto-to-crypto Trading under its separately formulated Jeroid Platform Rules, such as One Cancels the Other (OCO) and block trade.

  • Liabilities
  • Disclaimer of Warranties

TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, JEROID SERVICES, JEROID MATERIALS AND ANY PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF JEROID ARE OFFERED ON AN “AS IS” AND “AS AVAILABLE” BASIS, AND JEROID EXPRESSLY DISCLAIMS, AND YOU WAIVE, ANY AND ALL OTHER WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON-INFRINGEMENT OR WARRANTIES ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE IN TRADE. WITHOUT LIMITING THE FOREGOING, JEROID DOES NOT REPRESENT OR WARRANT THAT THE SITE, JEROID SERVICES OR JEROID MATERIALS ARE ACCURATE, COMPLETE, RELIABLE, CURRENT, ERROR-FREE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. JEROID DOES NOT GUARANTEE THAT ANY ORDER WILL BE EXECUTED, ACCEPTED, RECORDED OR REMAIN OPEN. EXCEPT FOR THE EXPRESS STATEMENTS, AGREEMENTS AND RULES SET FORTH IN THESE TERMS, YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED UPON ANY OTHER STATEMENT OR AGREEMENT, WHETHER WRITTEN OR ORAL, WITH RESPECT TO YOUR USE AND ACCESS OF JEROID SERVICES. WITHOUT LIMITING THE FOREGOING, YOU HEREBY UNDERSTAND AND AGREE THAT JEROID WILL NOT BE LIABLE FOR ANY LOSSES OR DAMAGES ARISING OUT OF OR RELATING TO: (A) ANY INACCURACY, DEFECT OR OMISSION OF DIGITAL ASSETS PRICE DATA, (B) ANY ERROR OR DELAY IN THE TRANSMISSION OF SUCH DATA, (C) INTERRUPTION IN ANY SUCH DATA, (D) REGULAR OR UNSCHEDULED MAINTENANCE CARRIED OUT BY JEROID AND SERVICE INTERRUPTION AND CHANGE RESULTING FROM SUCH MAINTENANCE, (E) ANY DAMAGES INCURRED BY OTHER USERS’ ACTIONS, OMISSIONS OR VIOLATION OF THESE TERMS, (F) ANY DAMAGE CAUSED BY ILLEGAL ACTIONS OF OTHER THIRD PARTIES OR ACTIONS WITHOUT AUTHORISED BY JEROID; AND (G) OTHER EXEMPTIONS MENTIONED IN DISCLAIMERS AND PLATFORM RULES ISSUED BY JEROID.

THE DISCLAIMER OF IMPLIED WARRANTIES CONTAINED HEREIN MAY NOT APPLY IF AND TO THE EXTENT IT IS PROHIBITED BY APPLICABLE LAW OF THE JURISDICTION IN WHICH YOU RESIDE.

  • Disclaimer of Damages and Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL JEROID, ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS BE LIABLE FOR ANY INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR SIMILAR DAMAGES OR LIABILITIES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF DATA, INFORMATION, REVENUE, PROFITS OR OTHER BUSINESSES OR FINANCIAL BENEFITS) ARISING OUT OF JEROID SERVICES, ANY PERFORMANCE OR NON-PERFORMANCE OF JEROID SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF JEROID AND ITS AFFILIATES, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY EVEN IF JEROID HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES EXCEPT TO THE EXTENT OF A FINAL JUDICIAL DETERMINATION THAT SUCH DAMAGES WERE A RESULT OF JEROID’S GROSS NEGLIGENCE, FRAUD, WILLFUL MISCONDUCT OR INTENTIONAL VIOLATION OF LAW. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.

NOTWITHSTANDING THE FOREGOING, IN NO EVENT WILL THE LIABILITY OF JEROID, ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS ARISING OUT OF SERVICES OFFERED BY OR ON BEHALF OF JEROID AND ITS AFFILIATES, ANY PERFORMANCE OR NON-PERFORMANCE OF JEROID SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY, EXCEED THE AMOUNT OF THE FEES PAID BY YOU TO JEROID UNDER THESE TERMS IN THE TWELVE-MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY.

  • Indemnification

You agree to indemnify and hold harmless Jeroid Operators, their affiliates, contractors, licensors, and their respective directors, officers, employees and agents from and against any claims, actions, proceedings, investigations, demands, suits, costs, expenses and damages (including attorneys’ fees, fines or penalties imposed by any regulatory authority) arising out of or related to (i) your use of, or conduct in connection with, Jeroid Services, (ii) your breach or our enforcement of these Terms, or (iii) your violation of any applicable law, regulation, or rights of any third party during your use of Jeroid Services. If you are obligated to indemnify Jeroid Operators, their affiliates, contractors, licensors, and their respective directors, officers, employees or agents pursuant to these Terms, Jeroid will have the right, in its sole discretion, to control any action or proceeding and to determine whether Jeroid wishes to settle, and if so, on what terms.

  • Announcements

Please be aware that all official announcements, news, promotions and competitions will be listed on https://www.jeroid.com.ng/. USERS UNDERTAKE TO REFER TO THESE MATERIALS REGULARLY AND PROMPTLY. JEROID WILL NOT BE HELD LIABLE OR RESPONSIBLE IN ANY MANNER OF COMPENSATION SHOULD USERS INCUR PERSONAL LOSSES ARISING FROM IGNORANCE OR NEGLIGENCE OF THE ANNOUNCEMENTS.

  • Termination of Agreement
  • Suspension of Jeroid Accounts

You agree that Jeroid shall have the right to immediately suspend your Jeroid Account (and any accounts beneficially owned by related entities or affiliates), freeze or lock the Digital Assets or funds in all such accounts, and suspend your access to Jeroid for any reason including if Jeroid suspects any such accounts to be in violation of these Terms, our Privacy Policy, or any applicable laws and regulations. You agree that Jeroid shall not be liable to you for any permanent or temporary modification of your Jeroid Account, or suspension or termination of your access to all or any portion of Jeroid Services. Jeroid shall reserve the right to keep and use the transaction data or other information related to such Jeroid Accounts. The above account controls may also be applied in the following cases:

  • The Jeroid Account is subject to a governmental proceeding, criminal investigation or other pending litigation;
  • We detect unusual activities in the Jeroid Account;
  • We detect unauthorized access to the Jeroid Account;
  • We are required to do so by a court order or command by a regulatory/government authority.
  • Cancellation of Jeroid Accounts

In case of any of the following events, Jeroid shall have the right to directly terminate these Terms by cancelling your Jeroid Account, and shall enjoy the right but not the obligation to permanently freeze (cancel) the authorisations of your Jeroid Account on Jeroid and withdraw the corresponding Jeroid Account thereof:

  • after Jeroid terminates services to you;
  • you allegedly register or register in any other person’s name as a Jeroid User again, directly or indirectly;
  • the information that you have provided is untruthful, inaccurate, outdated or incomplete;
  • when these Terms are amended, you state your unwillingness to accept the amended Terms by applying for cancellation of your Jeroid Account or by other means;
  • you request that Jeroid Services be terminated; and
  • any other circumstances where Jeroid deems it should terminate Jeroid Services.

Should your Jeroid Account be terminated, the account and transactional information that meet data retention standards will be securely stored for 5 years. In addition, if a transaction is unfinished during the account termination process, Jeroid shall have the right to notify your counterparty of the situation at that time. You acknowledge that a user-initiated account exit will also be subjected to the termination protocol stated above.

If Jeroid is informed that any Digital Assets or funds held in your Jeroid Account are stolen or otherwise are not lawfully possessed by you, Jeroid may, but has no obligation to, place an administrative hold on the affected funds and your Jeroid Account. If Jeroid does lay down an administrative hold on some or all of your funds or Jeroid Account, Jeroid may continue such hold until such time as the dispute has been resolved and evidence of the resolution acceptable to Jeroid has been provided to Jeroid in a form acceptable to Jeroid. Jeroid will not involve itself in any such dispute or the resolution of the dispute. You agree that Jeroid will have no liability or responsibility for any such hold, or for your inability to withdraw Digital Assets or funds or execute trades during the period of any such hold.

  • Remaining Funds After Jeroid Account Termination

Except as set forth in paragraph 4 below, once a Jeroid Account is closed/withdrawn, all remaining account balance (which includes charges and liabilities owed to Jeroid) will be payable immediately to Jeroid. Upon payment of all outstanding charges to Jeroid (if any), Users will have 5 business days to withdraw all Digital Assets or funds from the account.

  • Remaining Funds After Jeroid Account Termination Due to Fraud, Violation of Law, or Violation of These Terms

Jeroid maintains full custody of the Digital Assets, funds and User data/information which may be turned over to governmental authorities in the event of Jeroid Accounts’ suspension/closure arising from fraud investigations, investigations of violation of law or violation of these Terms.

  • No Financial Advice

Jeroid is not your broker, intermediary, agent, or advisor and has no fiduciary relationship or obligation to you in connection with any trades or other decisions or activities effected by you using Jeroid Services. No communication or information provided to you by Jeroid is intended as, or shall be considered or construed as, investment advice, financial advice, trading advice, or any other sort of advice. Unless otherwise specified in these Terms, all trades are executed automatically, based on the parameters of your order instructions and in accordance with posted trade execution procedures, and you are solely responsible for determining 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 shall be solely responsible for any loss or liability therefrom. You should consult legal or tax professionals regarding your specific situation. Jeroid does 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 advisors prior to making any investment decision. Jeroid will not be held responsible for the decisions you make to buy, sell, or hold Digital Asset based on the information provided by Jeroid.

  • Compliance with Local Laws

It is Users’ responsibility to abide by local laws in relation to the legal usage of Jeroid Services in their local jurisdiction as well as other laws and regulations applicable to Users. Users must also factor, to the extent of their local laws all aspects of taxation, the withholding, collection, reporting and remittance to their appropriate tax authorities. ALL USERS OF JEROID SERVICES ACKNOWLEDGE AND DECLARE THAT THEIR FUNDS COME FROM LEGITIMATE SOURCES AND DO NOT ORIGINATE FROM ILLEGAL ACTIVITIES; USERS AGREE THAT JEROID WILL REQUIRE THEM TO PROVIDE OR OTHERWISE COLLECT THE NECESSARY INFORMATION AND MATERIALS AS PER RELEVANT LAWS OR GOVERNMENT ORDERS TO VERIFY THE LEGALITY OF THE SOURCES AND USE OF THEIR FUNDS. Jeroid maintains a stance of cooperation with law enforcement authorities globally and will not hesitate to seize, freeze, terminate Users’ accounts and funds which are flagged out or investigated by legal mandate.

  • Resolving Disputes: Forum, Arbitration, Class Action Waiver

PLEASE READ THIS SECTION CAREFULLY, AS IT INVOLVES A WAIVER OF CERTAIN RIGHTS TO BRING LEGAL PROCEEDINGS, INCLUDING AS A CLASS ACTION.

  • Notice of Claim and Dispute Resolution Period.

Please contact Jeroid first! Jeroid wants to address your concerns without resorting to formal legal proceedings, if possible. If you have a dispute with Jeroid, then you should contact Jeroid and a ticket number will be assigned. Jeroid will attempt to resolve your dispute internally as soon as possible. The parties agree to negotiate in good faith to resolve the dispute (which discussions shall remain confidential and be subject to applicable rules protecting settlement discussions from use as evidence in any legal proceeding).

In the event the dispute cannot be resolved satisfactorily, and you wish to assert a legal claim against Jeroid, then you agree to set forth the basis of such claim in writing in a “Notice of Claim,” as a form of prior notice to Jeroid. The Notice of Claim must (1) describe the nature and basis of the claim or dispute, (2) set forth the specific relief sought, (3) provide the original ticket number, and (4) include your Jeroid account email. The Notice of Claim should be submitted to an email address or hyperlink provided in your correspondence with Jeroid. After you have provided the Notice of Claim to Jeroid, the dispute referenced in the Notice of Claim may be submitted by either Jeroid or you to arbitration in accordance with paragraph 2 of this Section, below. For the avoidance of doubt, the submission of a dispute to Jeroid for resolution internally and the delivery of a Notice of Claim to Jeroid are prerequisites to commencement of an arbitration proceeding (or any other legal proceeding). During the arbitration, the amount of any settlement offer made by you or Jeroid shall not be disclosed to the arbitrator.

  • Agreement to Arbitrate and Governing Law.

You and Jeroid Operators agree that, subject to paragraph 1 above, any dispute, claim, or controversy between you and Jeroid (and/or Jeroid Operators) arising in connection with or relating in any way to these Terms or to your relationship with Jeroid (and/or Jeroid Operators) as a user of Jeroid Services (whether based in contract, tort, statute, fraud, misrepresentation, or any other legal theory, and whether the claims arise during or after the termination of these Terms) will be determined by mandatory final and binding individual (not class) arbitration, except as set forth below under Exceptions to Agreement to Arbitrate. You and Jeroid Operators further agree that the arbitrator shall have the exclusive power to rule on his or her own jurisdiction, including without limitation any objections with respect to the existence, scope or validity of the Agreement to Arbitrate, or to the arbitrability of any claim or counterclaim. Arbitration is more informal than a lawsuit in court. THERE IS NO JUDGE IN ARBITRATION, AND COURT REVIEW OF AN ARBITRATION AWARD IS LIMITED. There may be more limited discovery than in court. The arbitrator must follow this agreement and can award the same damages and relief as a court (including, if applicable, attorney fees), except that the arbitrator may not award declaratory or injunctive relief in favour of anyone but the parties to the arbitration. The arbitration provisions set forth in this Section will survive termination of these Terms. Arbitration Rules.

  • Class Action Waiver.

You and Jeroid agree that any claims relating to these Terms or to your relationship with Jeroid as a user of Jeroid Services (whether based in contract, tort, statute, fraud, misrepresentation, or any other legal theory, and whether the claims arise during or after the termination of these Terms) shall be brought against the other party in an arbitration on an individual basis only and not as a plaintiff or class member in a purported class or representative action. You and Jeroid further agree to waive any right for such claims to be brought, heard, or arbitrated as a class, collective, representative, or private attorney general action, to the extent permissible by applicable law. Combining or consolidating individual arbitrations into a single arbitration is not permitted without the consent of all parties, including Jeroid.

  • Modifications.

Jeroid reserves the right to update, modify, revise, suspend, or make any future changes to Section X regarding the parties’ Agreement to Arbitrate, subject to applicable law. You hereby consent and agree that it is your responsibility to ensure that your understanding of this Section is up to date. Subject to the applicable law, your continued use of your Jeroid account shall be deemed to be your acceptance of any modifications to Section X regarding the parties’ Agreement to Arbitrate. You agree that if you object to the modifications to Section X, Jeroid may block access to your account pending closure of your account. In such circumstances, the Terms of Use prior to modification shall remain in full force and effect pending closure of your account.

  • Severability.

If any portion of these Terms are adjudged to be invalid or unenforceable for any reason or to any extent, the remainder of these Terms will remain valid and enforceable and the invalid or unenforceable portion will be given effect to the greatest extent permitted by law. pending closure of your account.

  • Miscellaneous
  • Independent Parties.

Jeroid is an independent contractor but not an agent of you in the performance of these Terms. These Terms shall not be interpreted as facts or evidence of an association, joint venture, partnership, or franchise between the parties.

  • Entire Agreement.

These Terms constitute the entire agreement between the parties regarding use of Jeroid Services and will supersede all prior written or oral agreements between the parties. No usage of trade or other regular practice or method of dealing between the parties will be used to modify, interpret, supplement, or alter the terms herein.

  • Interpretation and Revision.

Jeroid reserves the right to alter, revise, modify, and/or change these Terms at any time. All changes will take effect immediately upon being published on Jeroid websites. It is your responsibility to regularly check relevant pages on our websites/applications to confirm the latest version of these Terms. If you do not agree to any such modifications, your only remedy is to terminate your usage of Jeroid Services and cancel your account. You agree that, unless otherwise expressly provided in these Terms, Jeroid will not be responsible for any modification or termination of Jeroid Services by you or any third party, or suspension or termination of your access to Jeroid Services.

  • Force Majeure.

Jeroid will not be liable for any delay or failure to perform as required by these Terms because of any cause or condition beyond Jeroid’s reasonable control.

  • Severability.

If any portion of these Terms is held invalid or unenforceable, such invalidity or enforceability will not affect the other provisions of these Terms, which will remain in full force and effect, and the invalid or unenforceable portion will be given effect to the greatest extent possible.

  • Assignment.

You may not assign or transfer any right to use Jeroid Services or any of your rights or obligations under these Terms without prior written consent from Jeroid, including any right or obligation related to the enforcement of laws or the change of control. Jeroid may assign or transfer any or all of its rights or obligations under these Terms, in whole or in part, without notice or obtaining your consent or approval.

  • Waiver.

The failure of one party to require performance of any provision will not affect that party’s right to require performance at any time thereafter. At the same time, the waiver of one party to seek recovery for the other party’s violation of these Terms or any provision of applicable terms shall not constitute a waiver by that party of any subsequent breach or violation by the other party or of the provision itself.

  • Third-Party Website Disclaimer.

Any links to third-party websites from Jeroid Services does not imply endorsement by Jeroid of any product, service, information or disclaimer presented therein, nor does Jeroid guarantee the accuracy of the information contained on them. If you suffer loss from using such third-party product and service, Jeroid will not be liable for such loss. In addition, since Jeroid has no control over the terms of use or privacy policies of third-party websites, you should read and understand those policies carefully.

  • Matters Related to Apple Inc.

If you use any device manufactured by Apple Inc. to participate in any commercial activities or reward programs through Jeroid Services, such activities and programs are provided by Jeroid and are not associated with Apple Inc. in any manner.

  • Contact Information.

For more information on Jeroid, you may refer to the company and license information found on Jeroid websites. If you have questions regarding these Terms, please feel free to contact Jeroid for clarification via our Customer Support team at support@jeroid.com.ng/.