1. Scope of Agreement
This Zoomex Savings Service Agreement (hereinafter referred to as "this Agreement") applies to the use of Zoomex Savings services (as defined below) and related services between you (hereinafter referred to as "User" or "You" or "Your" or "Lender") and Zoomex Technology Limited (hereinafter referred to as "Zoomex", "We" or "Our"). This Agreement constitutes a legally binding agreement between Zoomex and You and serves as a supplement to our Zoomex User Service Agreement (hereinafter referred to as the "Service Agreement"). If you disagree with any terms or conditions of this Agreement, you must immediately stop using the Zoomex Savings service. By using the Zoomex Savings service, you agree to be legally bound by this Agreement, the Service Agreement, and all other terms and conditions and rules related to the Zoomex Savings service that we may publish from time to time.
2. Priority of Conflicting Terms
In the event of a conflict or inconsistency between the provisions of this Agreement and those in the Service Agreement, the provisions of this Agreement shall prevail in resolving such conflicts or inconsistencies. All other terms in the Service Agreement not modified by this Agreement shall remain fully valid.
3. User Risk Acknowledgment and Responsibility
The User acknowledges and fully understands the risks involved in participating in cryptocurrency savings and unconditionally accepts the potential risks and returns of individual investment decisions. You should also have a deep understanding and confirm that you possess the experience and knowledge required for investing in non-principal-protected digital currencies or digital asset products to ensure that you can reasonably assess the related risks.
4. Investment Advice and Personal Responsibility
Our website and platform do not intend to provide tax, legal, insurance, or investment advice, and no content on the website or platform should be construed as an offer for the sale of any securities or cryptocurrency assets or a solicitation to purchase or recommendation. You are solely responsible for determining whether any investment, security, strategy, or any other product or service is suitable based on your personal investment goals and financial situation. It is advisable to consult with a lawyer or tax professional regarding specific legal or tax situations to ensure compliance and protect your interests.
5. Definitions Except for the definitions below
All terms and references used in this Agreement shall have the meanings ascribed to them in the Service Agreement.
Annual Percentage Yield (APY): As defined in Article 10.
Zoomex Savings Service: A service where the User pledges their digital assets within a flexible or fixed term and receives returns based on the annualized yield published on the platform.
Flexible Investment: As defined in Article 9.
Fixed Investment: As defined in Article 9.
Account: Refers to the account you have opened on the Zoomex platform for depositing, withdrawing, and receiving the proceeds or earnings from products or services you subscribe to on the platform.
Earn Assets: The digital assets you pledge in the Zoomex Savings service.
Term: As defined in Article 11.
Annual Percentage Yield (APY): As defined in Article 10.
Zoomex Savings Service: A service where the User pledges their digital assets within a flexible or fixed term and receives returns based on the annualized yield published on the platform.
Flexible Investment: As defined in Article 9.
Fixed Investment: As defined in Article 9.
Account: Refers to the account you have opened on the Zoomex platform for depositing, withdrawing, and receiving the proceeds or earnings from products or services you subscribe to on the platform.
Earn Assets: The digital assets you pledge in the Zoomex Savings service.
Term: As defined in Article 11.
6. Overview of Earn Service
You can pledge digital assets through the Zoomex Savings service on the platform and receive returns. When subscribing to the Zoomex Savings service, you can choose a "fixed" or "flexible" term. Zoomex is responsible for managing and operating the Zoomex Savings service, ensuring the stable operation of the service and providing you with earning opportunities.
7. User Authorization and Confirmation By subscribing to the Zoomex Savings service, you agree and confirm the following:
During the term, any voting rights associated with your Earn assets shall be assigned or entrusted to Zoomex to better manage the assets and provide services.
Zoomex may combine your Earn assets with those of other users to optimize asset allocation and enhance earning potential.
You authorize Zoomex to handle your Earn assets in any manner it deems appropriate to generate the platform's published yields, and this authorization is irrevocable.
Zoomex may, at its discretion, determine the following matters related to the Zoomex Savings service: Minimum digital asset amount required for subscribing to the Zoomex Savings service.
The fund size of any specific Zoomex Savings service.
Redemption periods.
Redemption limits.
Subscription limits.
Annual percentage yields.
Any handling fees or charges.
Zoomex may combine your Earn assets with those of other users to optimize asset allocation and enhance earning potential.
You authorize Zoomex to handle your Earn assets in any manner it deems appropriate to generate the platform's published yields, and this authorization is irrevocable.
Zoomex may, at its discretion, determine the following matters related to the Zoomex Savings service: Minimum digital asset amount required for subscribing to the Zoomex Savings service.
The fund size of any specific Zoomex Savings service.
Redemption periods.
Redemption limits.
Subscription limits.
Annual percentage yields.
Any handling fees or charges.
8. You are the legal owner of the digital assets you deposit into the Zoomex Savings service and guarantee that the source of these assets is legitimate and free from any legal disputes or risks.
Acceptance of Risks and Losses You understand and accept the risks of using the Zoomex Savings service, including but not limited to: The risk of loss due to the inability to trade digital assets. You are willing to bear the financial risks and potential economic losses incurred by pledging digital assets and subscribing to the Zoomex Savings service.
The expected returns shown on the platform are theoretical estimates and are not guaranteed or promised returns. The actual returns may differ from the expected returns. The final returns are determined by Zoomex based on the actual returns you receive. Zoomex does not guarantee or promise any actual returns you may receive.
The price volatility of digital assets and their derivatives may lead to significant or total losses in the short term. You should carefully assess your risk tolerance.
Technical issues may arise that delay or obstruct your use of the Zoomex Savings service or related transactions, causing losses to your digital assets. We recommend regularly checking platform status and technical support information to avoid potential technical issues.
Market abnormalities may cause losses to your digital assets. In times of high market volatility, we recommend closely monitoring the market and adjusting your investment strategy promptly.
To maintain market order, Zoomex may need to add, delete, or amend policies, terms of this Agreement, or other related service agreements or terms. Any changes may benefit or harm you or other individual customers. We will make efforts to notify you of relevant changes in advance, but you should also regularly check platform announcements for the latest information.
The expected returns shown on the platform are theoretical estimates and are not guaranteed or promised returns. The actual returns may differ from the expected returns. The final returns are determined by Zoomex based on the actual returns you receive. Zoomex does not guarantee or promise any actual returns you may receive.
The price volatility of digital assets and their derivatives may lead to significant or total losses in the short term. You should carefully assess your risk tolerance.
Technical issues may arise that delay or obstruct your use of the Zoomex Savings service or related transactions, causing losses to your digital assets. We recommend regularly checking platform status and technical support information to avoid potential technical issues.
Market abnormalities may cause losses to your digital assets. In times of high market volatility, we recommend closely monitoring the market and adjusting your investment strategy promptly.
To maintain market order, Zoomex may need to add, delete, or amend policies, terms of this Agreement, or other related service agreements or terms. Any changes may benefit or harm you or other individual customers. We will make efforts to notify you of relevant changes in advance, but you should also regularly check platform announcements for the latest information.
9. Subscription and Term Selection
You can pledge digital assets through fixed (fixed investment) or flexible (flexible investment) terms to subscribe to the specific Zoomex Savings service. Any choice you make when subscribing to the Zoomex Savings service is final and cannot be canceled, revoked, or modified. Please carefully consider your investment goals and risk tolerance before subscribing.
10. Annual Percentage Yield (APY) Explanation
After subscribing, your Earn assets under fixed or flexible investment will yield returns based on the annual percentage yield (APY) published on the platform. The APY may adopt a tiered system depending on the amount and type of digital assets to incentivize different investment scales and offer more competitive earning opportunities. The APY for any specific Zoomex Savings product may change at any time, and the platform will promptly announce any changes. Please regularly check the platform for the latest yield information. Zoomex is not responsible for any losses arising from changes in the APY, whether you are aware of them or not.
11. Fixed Investment Rules
Under fixed investment, you can subscribe at any time, but you cannot redeem Earn assets before the subscription period (i.e., "term") expires. Upon expiration of the term, your principal and earnings will be credited to your account at 0:30 (UTC) on the following day. We recommend carefully planning the use of your funds when subscribing to fixed investments to ensure you can promptly receive your earnings after the term ends.
12. Flexible Investment Rules
Under flexible investment, you can select the platform's redemption options to redeem Earn assets at any time. After subscription, your savings earnings will begin calculating at the next full hour, and will be distributed daily to your account at 0:30 (UTC). The pledge term must be at least 24 hours to qualify for daily earnings. In other words, if you withdraw or redeem before 0:00 (UTC), you will not be entitled to any earnings. We recommend properly scheduling pledge and redemption times in flexible investment to maximize returns and ensure liquidity.
13. Redemption and Credit Time
You understand and agree that between the redemption time and the actual credit time, you may not perform any reversal, transfer, or other operation on the redeemed Earn assets. You understand and accept that in some cases, including but not limited to significant market fluctuations, network delays, simultaneous high volumes of redemption requests from other users, or any unforeseen events, the actual time when the redeemed Earn assets are credited to your account may differ or be delayed. The credit time displayed on the website is the final time, and Zoomex is not responsible for any losses caused by such differences. We recommend making appropriate financial arrangements in advance to handle potential delays when redeeming assets.
14. Earnings Estimates and Historical Earnings
To avoid confusion, past earnings do not represent future earnings. Zoomex does not guarantee that you will receive interest earnings calculated based on the current platform-published APY. You agree and accept that any statements made about expected returns when subscribing to the Zoomex Savings service are only estimates and not guarantees. We recommend that you reasonably assess expected returns based on market dynamics and personal experience when investing, rather than relying solely on historical data or estimates.
15. Account History Verification
You can view your account history on the platform. The platform provides account history for you to check afterward, and you must carefully verify your account history.
16. Error Correction and Transaction Cancellation
Zoomex has the right to correct any errors in your account at any time and reserves the right to cancel or reverse any transactions under the following circumstances:
The transaction involves or originates from an obvious error, including but not limited to obvious errors, omissions, or misstatements by Zoomex or any third party.
The transaction details do not match a situation we reasonably deem to be correct or fair.
We are committed to ensuring transaction accuracy and fairness, and will take the above measures when necessary to maintain the proper operation of the platform and the legal rights of users.
The transaction involves or originates from an obvious error, including but not limited to obvious errors, omissions, or misstatements by Zoomex or any third party.
The transaction details do not match a situation we reasonably deem to be correct or fair.
We are committed to ensuring transaction accuracy and fairness, and will take the above measures when necessary to maintain the proper operation of the platform and the legal rights of users.
17. Information Sharing
In accordance with applicable laws and regulations, we may need to share your account information and platform usage information with third parties. You confirm, agree, and expressly authorize us to disclose such information as required by law or for business purposes. We commit to strictly complying with relevant laws and regulations to ensure the security and compliance of information sharing.
18. Platform Rights Reserved
Zoomex reserves the right to take the following actions without notice:
Temporarily or permanently prohibit your access to or use of the Zoomex Savings service.
Restrict your subscription to the Zoomex Savings service.
Suspend or terminate the Zoomex Savings service.
Delay certain transactions within the Zoomex Savings service. You understand and agree that, to the maximum extent permitted by law, Zoomex is not responsible for any losses you incur due to such prohibition, suspension, or termination. We take these actions when necessary to ensure the platform's security and compliance while minimizing the impact on users.
Temporarily or permanently prohibit your access to or use of the Zoomex Savings service.
Restrict your subscription to the Zoomex Savings service.
Suspend or terminate the Zoomex Savings service.
Delay certain transactions within the Zoomex Savings service. You understand and agree that, to the maximum extent permitted by law, Zoomex is not responsible for any losses you incur due to such prohibition, suspension, or termination. We take these actions when necessary to ensure the platform's security and compliance while minimizing the impact on users.
19. Compliance with Laws and Regulations
You must comply with all applicable laws and regulations. If you find that you are unable to comply with the relevant laws and regulations, you should immediately stop using the Zoomex Savings service to avoid potential legal risks. Zoomex has the right to take appropriate measures if it finds that a user has violated laws and regulations, including but not limited to suspending or terminating services.
20. Agreement Modification
You agree and accept that Zoomex has the right to modify the content of this Agreement at any time at its discretion. We will notify you of any modifications through platform announcements or other means. You should regularly check the platform announcements to ensure you are aware of the latest terms. Zoomex is not responsible for any losses caused by misunderstandings or failure to pay attention to modifications to this Agreement.