Jan 5 Amended Terms of Service



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coinlist terms of service january 2022 (1)


Part 5: Transactions
1.
Digital Asset Transactions. We process transactions according to the instructions
you submit to us. We do not guarantee the identity of any user, receiver, or other
party; therefore, you should verify that all information is correct prior to sending
instructions to us. If you submit an order, that order will be irrevocable and final
unless that order is cancelled prior to execution. Any pending withdrawals from
your CoinList Account that have been submitted to a Digital Asset network will be
unconfirmed for a period of time pending sufficient confirmation of the
transaction by such Digital Asset network. CoinList may not be able to reverse or
otherwise alter transactions in a pending state. The funds used for your pending
transactions will not be displayed in your CoinList Account balance or be
available to conduct other transactions.
2.
Operation of Digital Asset Protocols. CoinList does not own or control the
underlying software protocols that govern the operation of Digital Assets
supported on the Site. In general, the underlying protocols are open source and
anyone can use, copy, modify, and distribute them. By using our Services, you
acknowledge and agree (i) that we are not responsible for operation of the
underlying protocols and that we make no guarantee of their functionality,
security, or availability; and (ii) that the underlying protocols are subject to
sudden changes in operating rules (a/k/a “forks”) that could materially affect the
value, function, name, and other attributes of the Digital Asset. In the event of a
fork, you agree that we may temporarily suspend operations (with or without
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advance notice to you) and that we may, in our sole discretion, decide whether or
not to support either branch of the forked protocol entirely. You acknowledge and
agree that CoinList has no responsibility whatsoever for a branch of a forked
protocol that is unsupported.
3.
CoinList Processes. CoinList may act as agent or principal in facilitating your
purchases and sales of Digital Assets on the Site and may receive remuneration
for doing so. CoinList may also incentivize third parties to use our Site. You and
all users, including CoinList and its associated persons, are strictly prohibited
from engaging in fraudulent or manipulative activity including, but not limited
to, insider trading and front-running.
4.
Purchases and Sales. After successfully completing the verification procedures,
you may purchase supported Digital Assets by funding your CoinList Account,
and may sell supported Digital Assets by transferring the applicable Digital Asset
to your CoinList Account. You authorize CoinList and our Custodian Partners, as
applicable, to initiate credits and debits in your CoinList Account in settlement of
transactions. A Transaction Fee applies to all transactions. Although CoinList and
our partner custodians will attempt to deliver supported Digital Assets to your
account as promptly as possible, funds may be debited from your selected
payment method before the Digital Asset is delivered and viewable in your
CoinList Account. Your receipt of funds upon withdrawal from your CoinList
Account will depend on the payment type, and may take up to six or more
business days.
We and our Custodian Partners will use best efforts to fulfill all orders, but are
under no obligation to do so. To secure the performance of your obligations
under this Agreement, you may be required to grant to CoinList or its Custodian
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