Disclaimer

Last Updated: Jan 18th, 2025

1. General Information

GFEX (Gapped Futures Exchange) is a decentralized exchange (DEX) built on the Base (BASE), offering futures trading based on predicting price gaps between virtual assets. As a Web3 platform, GFEX does not require users to log in or provide personal information.

2. Regulatory Compliance

GFEX minimizes regulatory exposure by not collecting personal data. However, users are responsible for complying with local laws and regulations relevant to their jurisdiction. GFEX is not liable for any legal issues arising from the use of the platform.

3. Service Availability

GFEX retrieves price data from external exchange APIs, including major exchanges and cryptocurrency price information providers. This approach mitigates concerns about price manipulation or fraudulent activity. While GFEX uses these external indexes, it does not set or control them and is not responsible for their accuracy, reliability, or timing. Users should be aware that market prices can fluctuate rapidly, and GFEX disclaims any responsibility for trading decisions based on these price indexes.

4. User Responsibility

A. Security: Users must secure their wallets, private keys, and authentication methods. Any loss or compromise of these credentials may result in loss of virtual assets and access to the account. GFEX is not liable for losses due to user negligence.

B. Regulatory Compliance: Users must ensure their use of the platform complies with all applicable laws and regulations. GFEX is not responsible for legal issues related to platform use.

5. Risk Warning

A. Investment Risk: Trading futures and predicting virtual asset price gaps involve significant risk and can result in substantial financial losses. Due to the high volatility of virtual assets, users should only invest amounts they can afford to lose.

B. Market Risk: The cryptocurrency market is highly volatile and influenced by market sentiment, regulatory changes, technological developments, and other factors.

C. Regulatory Risk: GFEX, as a decentralized platform, may be subject to varying regulations. Users are responsible for understanding and adhering to local laws and regulations regarding virtual asset trading.

6. No Warranty

GFEX is provided on an "as is" and "as available" basis. We do not guarantee the accuracy, reliability, or completeness of the information or services provided. Users acknowledge that they use the platform at their own risk. GFEX disclaims all warranties, whether express or implied.

7. Not Financial Advice

The information provided by GFEX does not constitute investment, financial, or trading advice. Users should conduct their own research and consult a financial advisor before making any investment decisions. Content on the platform is for informational purposes only and should not be considered professional advice.

8. Limitation of Liability

GFEX, its affiliates, and service providers are not liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from platform use. This includes, but is not limited to, loss of profits, data, or other intangible losses. Where the law does not allow exclusion or limitation of liability for certain damages, liability is limited to the maximum extent permitted by law.

9. Indemnification

Users agree to indemnify, defend, and hold harmless GFEX, its affiliates, and their respective officers, directors, employees, and agents from any claims, liabilities, damages, losses, costs, and expenses, including reasonable attorneys' fees, related to their use of the platform, any violation of this disclaimer, or any infringement of others' rights.

10. Intellectual Property

All content, trademarks, and data on the GFEX platform are owned by GFEX and its affiliates. Unauthorized use or reproduction of the platform's content is prohibited. Users are granted a limited, non-exclusive, non-transferable license to access and use the platform for personal, non-commercial purposes only.

11. Acceptance of Terms

By using GFEX, you agree to this disclaimer in its entirety. If you disagree with any part of this disclaimer, you should not use the platform. Continued use of the platform signifies acceptance of any changes to this disclaimer.

12. Further Information

For additional information, please refer to our "Terms of Service" section available on the footer of our website.

13. News and Updates

For the latest news and updates, please refer to the official X or Medium links located in the footer menu of the website.

14. Last Updated

On October 9th, 2024. This disclaimer may be updated or modified without prior notice. Users are encouraged to review the disclaimer periodically for any changes.

15. Languages

This disclaimer is available in English and may be translated into other languages. In the event of any discrepancy between the English version and translations, the English version will prevail.