Terms of use

These Terms of Use are entered into between you, hereinafter referred to as โ€œyouโ€ or โ€œyourโ€ and โ€œQuantoSwapโ€ as defined below. By accessing or utilizing any of QuantoSwap' products or services, you agree to have read, understood and accepted all the terms and conditions outlined in These Terms, referred to as "these Terms" or "Terms" hereafter. Moreover, using certain features of QuantoSwap may necessitate adhering to specific supplementary terms and conditions.

The terms "you" and/or "your" refer to any person who uses, accesses, or attempts to use or access this website. Kindly read the terms carefully, as they regulate your usage of QuantoSwap' website and its corresponding products and services.

As with any asset, the worth of Digital Currencies, as defined below, may fluctuate significantly, and there is a considerable chance of financial loss when buying, selling, holding, or investing in Digital Currencies and their derivatives.

By utilizing QuantoSwap Services, you acknowledge, agree, and confirm that:

  • You voluntarily use QuantoSwap products and services;

  • You understand the mechanism and algorithm of decentralized crypto exchanges such as QuantoSwap;

  • As with any asset, the value 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;

  • You shall assume all risks related to QuantoSwap Services and transactions of digital currencies and their derivatives;

  • QuantoSwap should not be held liable for any such risks or adverse outcomes.

By accessing, using, or attempting to use QuantoSwap Services in any manner, you acknowledge your acceptance and agreement to abide by these Terms. If you do not agree, please refrain from accessing QuantoSwap or utilizing its Services. Your use of QuantoSwap' products, services, and website automatically implies your compliance with these regulations.

Definitions

  • QuantoSwap refers to an ecosystem consisting of the QuantoSwap website, clients, or other applications or services that are developed to offer QuantoSwap Services.

  • QuantoSwap Services refer to various services provided to you by QuantoSwap that are based on the Internet and/or blockchain technologies are offered by QuantoSwap websites. QuantoSwap Services include but are not limited to such QuantoSwap ecosystem components as a Digital Asset Trading Platform, farming and staking offerings, QuantoSwap Launchpools, trading competition offerings, as well as a referral program.

  • The QuantoSwap Platform Rules consist of all the rules, interpretations, announcements, statements, letters of consent, and other content that QuantoSwap has released or will release in the future. They also include regulations, implementation rules, product process descriptions, and announcements published on the QuantoSwap Telegram channel (QuantoSwap Announcements).

  • The term "Users" encompasses all individuals, institutions, and/or organizations who access, use, or attempt to use QuantoSwap Services.

  • Digital Currencies are encrypted or digital tokens or cryptocurrencies that have a certain value and are based on blockchain and cryptography technologies. They are issued and managed in a decentralized manner.

  • Digital Assets are Digital Currencies, their derivatives, or other types of digitalized assets with a certain value.

  • Crypto-to-crypto Trading refers to transactions in which one digital currency is exchanged for another digital currency.

General Provisions

1. Changes to these Terms

QuantoSwap retains the right to modify or amend these Terms at its discretion. QuantoSwap will inform users of such modifications by updating the terms on its website and adjusting the "last revised" date displayed in the document header. All changes to these Terms will take effect once they are published on the website or made available to users. Therefore, your continued use of QuantoSwap Services constitutes automatic acceptance of the revised Terms.

If you disagree with any modifications to these Terms, you must immediately discontinue using any QuantoSwap Services. QuantoSwap strongly suggests that you regularly review these Terms to ensure that you understand the provisions that apply to your use of QuantoSwap Services.

2. About QuantoSwap

QuantoSwap is dedicated to ensuring the accuracy of information provided through QuantoSwap Services, but QuantoSwap will not be held liable for any loss or damage resulting directly or indirectly from your use of this content. The information provided by QuantoSwap Services may change without warning, and it is primarily intended to assist users in making independent decisions.

QuantoSwap does not provide investment or consulting advice and is not responsible for the use or interpretation of information available on QuantoSwap or any other QuantoSwap-related communication channels. All users of QuantoSwap Services must recognize the risks associated with Digital Currency Trading and are strongly advised to exercise caution and trade responsibly within their own abilities.

3. Personal Security

QuantoSwap is committed to ensuring the security of its users and has implemented the industry's best security standards. However, individual user actions may still pose certain risks. By using QuantoSwap Services, you agree to treat your wallet access credentials, such as seed phrases, private keys, and passwords, as confidential information and not to disclose them to any third party. You also agree to be solely responsible for taking necessary precautions to protect your personal information.

You are solely responsible for keeping your wallets safe and for all transactions conducted under your wallets. QuantoSwap shall not be held liable under any circumstances for any loss or consequences resulting from authorized or unauthorized use of your wallet's funds and/or credentials, including but not limited to loss of personal funds, information disclosure, or agreement to various rules and agreements by clicking on the website.

By using QuantoSwap Services, you agree to strictly follow all security recommendations of QuantoSwap regarding security, trading, withdrawals, and other related matters.

4. QuantoSwap Services

QuantoSwap reserves the right to modify, terminate, or provide any QuantoSwap Services at its sole discretion, and may allow or prohibit certain users from accessing any QuantoSwap Services in accordance with relevant platform rules.

Furthermore, QuantoSwap has the exclusive right to determine which Digital Currencies are included in the whitelist and may add or remove Digital Assets from the platform's whitelist at its sole discretion from time to time. In the event of any such additions, removals, or amendments, QuantoSwap may, but is not obligated to, provide advance notice to users. QuantoSwap shall not be held liable to users in relation to any such additions, removals, or amendments.

5. Staking Programs

QuantoSwap may offer Staking Programs for certain Digital Currencies as a way to reward users who hold these currencies in their personal wallets, subject to specific conditions. If you choose to participate in a Staking Program, please note the following:

  • Unless otherwise specified by QuantoSwap, Staking Services are free of charge.

  • QuantoSwap does not guarantee any returns under any Staking Program.

  • QuantoSwap reserves the right to initiate or terminate Staking Programs for any Digital Currency or to modify the rules of such programs at its sole discretion.

  • Although QuantoSwap will make reasonable efforts to ensure the stable and effective execution of its Staking Programs, network delays, computer system failures, or other force majeure events could potentially cause execution delays.

  • You agree that all investment operations conducted on QuantoSwap represent your true investment intentions and that you unconditionally accept the potential risks and benefits of your investment decisions.

  • When using QuantoSwap Staking Programs, you should fully understand the risks associated with investing in Digital Assets and operate with caution.

  • QuantoSwap assumes all responsibility and liability for funds deposited by users into Staking Program contracts.

6. Announcements

Please note that all official announcements, news, promotions, competitions, and airdrops will be posted on QuantoSwap' official Telegram channel: (QuantoSwap Announcements). You agree to promptly and regularly refer to these materials. QuantoSwap will not be liable or responsible in any way for any personal losses incurred by users due to negligence or ignorance of the announcements. Therefore, any reliance you place on the information provided by unofficial QuantoSwap channels is strictly at your own risk.

7. No Personal And/Or Financial Advice

QuantoSwap does not act as your advisor, broker, or intermediary and does not have a fiduciary relationship or obligation to you regarding any trades or activities carried out using QuantoSwap Services. QuantoSwap does not provide personal advice in connection with our products and services, and any information or communication provided to you by QuantoSwap should not be interpreted as investment advice, financial advice, trading advice, a recommendation to transact in any investment, or solicitation to engage in any investment activity.

All trades are executed automatically using smart contract technology, based on the parameters of your order instructions. 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. You shall be solely responsible for any loss or liability resulting from such investments.

You are responsible for ensuring that the content of the smart contract meets your goals and interests and that you fully understand its content. QuantoSwap does not monitor whether your use of QuantoSwap Services is consistent with your financial goals and objectives. It is up to you to assess whether your financial resources are adequate for your financial activity with us, and your risk appetite in the products and services you use.

Before deciding to buy, sell or hold any Digital Asset, you should conduct your own due diligence and/or consult your financial advisors. QuantoSwap will not be held responsible for any decisions you make regarding the buying, selling, or holding of Digital Assets based on information provided by QuantoSwap.

You are solely responsible for determining the tax implications of your use of QuantoSwap Services and any transactions involving Digital Assets. The taxation of Digital Assets is uncertain, and it is your responsibility to determine any taxes that you may be liable for and how they apply when using QuantoSwap Services. You are responsible for reporting and paying any taxes resulting from your use of QuantoSwap Services (if applicable), and you acknowledge that QuantoSwap does not provide legal or tax advice or determine your tax obligations in relation to your use of QuantoSwap Services.

If you have any questions or doubts about your tax status or obligations regarding your use of QuantoSwap Services or the Digital Assets held in your wallets, you are encouraged to seek independent professional tax advice. QuantoSwap is not responsible for any tax consequences that may arise from your use of QuantoSwap Services or any transactions involving Digital Assets.

9. Market Risks

The trading of Digital Assets carries a high level of risk and price volatility. The value of Digital Assets can change significantly and quickly without warning, and past performance is not a reliable indicator of future performance. The value of your investment and any potential returns can decrease as well as increase, and you may not receive the amount you originally invested.

By agreeing to these Terms, you acknowledge that you are responsible for your own investment decisions and have conducted your own due diligence before making any investment or trade.

You should not make any investment or trade unless you are willing to risk a complete loss of your invested capital. Certain types of products may carry higher risks and may not be easily understood by individuals without appropriate expertise. If you have any doubts about using QuantoSwap's services, it is recommended that you seek advice from an independent financial advisor or refrain from using the services all together.

10. Liquidity Risks

Digital Assets may have limited liquidity, which could make it challenging or impossible for you to sell or close a position at the desired time. This can occur at any moment, particularly during periods of rapid price fluctuations. We suggest that you monitor the liquidity of each Digital Asset before engaging in any trades.

11. Fees & Charges

The fees and charges for using QuantoSwap Services are subject to change and will be displayed on the website on the day of use. QuantoSwap reserves the right to update these fees and charges at any time, and any changes will be communicated to users. It is your responsibility to be aware of all applicable costs and charges, as they will impact your gains from using QuantoSwap Services.

12. Impermanent Loss

Before adding liquidity to any of the liquidity pools on QuantoSwap, it is important to understand the concept of impermanent loss and its potential consequences. Liquidity pools that contain assets that remain within a relatively narrow price range are less exposed to impermanent loss. For example, stablecoins or wrapped versions of a coin tend to stay within a relatively stable price range, which poses a lower risk of impermanent loss for liquidity providers (LPs). Understanding impermanent loss is fundamental for anyone who intends to provide liquidity to Automated Market Makers (AMMs).

13. Availability Risks

QuantoSwap cannot guarantee the availability of QuantoSwap Services at any specific time, nor can it guarantee that QuantoSwap Services will not experience unplanned service interruptions or network congestion. It is possible that you may not be able to buy, sell, stake/unstake, or add tokens to liquidity pools at your desired time.

Final Provisions

You acknowledge that you have read and fully comprehend these Terms. QuantoSwap is not liable for any risks that may arise from your use of QuantoSwap' products, services, and website. These Terms are binding for all users of QuantoSwap' products, services, and website.

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