indices

Bitcoin/USD 18717 V M Ripple/USD 0.7657 V H Ripple/XBT 0.00004117 V H

Available funds

Bitcoin XBTRipple XRPBitcoin/USD (6x) XBTBitcoin/USD (50x) XBTRipple/USD (6x) XRPRipple/XBT (6x) XBT

Date Effective: 24 October 2017

This Membership Agreement and the Privacy Policy (together, this Agreement) is between Crypto Facilities Ltd, a company incorporated in England with registered number 9172128 and registered address at 25 Copthall Avenue, London EC2R 7BP, United Kingdom (we, our, us), who is the owner and operator of https://www.cryptofacilities.com, a digital assets trading platform (the Platform) and you as a member of the Platform (you, the Member, your). Please read this Agreement carefully before using the Platform as, by using the Platform, you agree to be bound by the terms and conditions contained in this Agreement.

Crypto Facilities Ltd is authorised and regulated by the Financial Conduct Authority (FRN 757895).

As a Member you will be able to trade Futures on the price of crypto currency (the Futures) on the Platform. The Futures represents a legal contract between you and your trade Counterparty (see definition below) and allows you to economically participate in a decline or rise in the price of crypto currency, depending on the direction of your position.

The Platform operates in crypto currency only which means that no fiat currency is handled by the Platform. All client accounts administrated by the Platform are funded in crypto currency only, and all profit and loss from positions in the Futures are calculated and settled in crypto currency.

This Agreement is a binding contract between you and us and will commence if and when your application for membership has been accepted by us. We are under no obligation to accept your application for membership. Please read this Agreement carefully as it sets out your and our respective rights and obligations in respect of your membership and your use of the Platform. You may be required to execute other agreements, which are intended to be consistent with this Agreement and each other, but in the event of conflict with this Agreement, this Agreement will prevail. By applying for membership, you agree to observe and be bound by all of the terms of this Agreement.

We may need to make changes to this Agreement from time to time. We may unilaterally change the terms and will send you a notification of the same. Thereafter, if you use the Platform, you will be deemed to have accepted those changes.

1  Applying for Membership

By clicking on the sign up link on the Platform and submitting a new username and new password, you apply to become a Member and to open an account (your Account) on the Platform (your Application).

1.1  You can either apply for membership as a natural person (Individual Membership) or as a legal entity (for example, a limited company or limited liability partnership) (Corporate Membership). If you apply for Individual Membership, you need to be at least 18 years old.

1.2  The Account is personal to you and must not be shared, nor are you allowed to create multiple Accounts. If you are accepted as a Member, you alone will become the legal owner of any positions in the Futures that you enter into through trading on the Platform.

1.3  You are required to keep your details in your Account up-to-date at all times.

1.4  For an Individual Membership, if you are found to be acting on someone else's behalf, such as a trustee, fiduciary or otherwise, we will terminate your Account, and all positions in the Futures that you may have entered into will be liquidated. In this case, you will bear all associated costs.

1.5  For Corporate Membership, an agent representing your legal entity will be required to have full authorisation to enter into binding agreements on the Platform on behalf of your legal entity. We reserve the right to request proof of this authorisation.

1.6  You will be required to provide personal information about you and/or information about your legal entity, including your full name and address. We are registered with the Information Commissioner's Office in the UK for this purpose.

1.7  Once we receive your Application, we may decide at our own discretion to open your Account or not.

1.8  Once an Account has been opened for you, you are responsible to keep your password(s) for the Account secure. We may ask you to verify yourself if you have lost your password(s) and cannot access the Account.

1.9  You will be required to enable two factor authentication to activate your Account.

2  Verifying Your Identity

2.1  We may decide to verify your identity and/or the identity of your legal entity at any time using third party verification providers. You hereby consent to your data being used in this way.

3  Depositing Crypto Currency into Your Account

3.1  Once we have opened an Account for you and this Account has been activated, you will be able to deposit crypto currency into your Account by sending crypto currency to the crypto currency address we provide you with.

3.2  Under UK law, crypto currency is not 'money' nor a Specified Investment. Therefore, your crypto currency deposits will not be deemed Client Money nor are you covered by the Financial Services Compensation Scheme.

3.3  Your crypto currency balance will be held on encrypted offline servers managed by us.

4  Withdrawing Crypto Currency from Your Account

4.1  You can submit a request to withdraw crypto currency from your Account at any time. Since we manually verify and approve all crypto currency withdrawals, we may take up to 2 business days to process your withdrawal request.

4.2  You cannot withdraw crypto currency that is required to cover your losses from trading the Futures or crypto currency that serves as Collateral (see definition below) for your open positions or open orders in the Futures.

5  Trading the Futures on the Platform

5.1  If your Account has been opened and activated, and you have a sufficient balance of crypto currency in your Account, you will be able to offer to trade the Futures with other Members on the Platform.

5.2  To open or close a trade on the Platform, you must submit an order. Once you have submitted an order we will attempt to match it with a Member on the Platform that wishes to take the other end of the trade. We are under no obligation to accept or match any order submitted by you, and we maintain discretion over whether any order is accepted, matched, or executed. There will be no contract between you and another Member until the proposed trade has been approved by us.

5.3  Counterparties

  • (a) If we do not exercise our discretion to stop your order, our matching engine will attempt to match it with another Member. Crypto Facilities Ltd does not serve as counterparty in the trades entered into on the Platform.
  • (b) We match all Members anonymously and do not provide Members with information about their Counterparties.
  • (c) You can trade out of any of your open positions in the Futures by offering the reverse trade on the Platform, provided that a Counterparty is found and we do not exercise our discretion not to accept that trade.. For a long position, this means that you sell Futures on the Platform. For a short position, this means that you buy back Futures on the Platform.
  • (d) If a Member trades out of a trade in which you are their Counterparty, the Member with whom they trade out of the trade will become your new Counterparty. You will not be notified if your Counterparty changes.

5.4  P&L and Collateral

  • (a) We calculate the profit and loss of your open positions in the Futures based on a proprietary model (the P&L Model). We choose the specification of the P&L Model such that it reflects our view of the fair market price of the Futures and we may change the specification at our discretion and at any time.
  • (b) Together, i) the crypto currency you have deposited into your Account, ii) your realized profit or loss from past positions in the Futures that are now closed and iii) the profit or loss from your open position in the Futures as calculated by the P&L Model represent the collateral (the Collateral) you have available to cover potential future losses from your open positions and open orders in the Futures.
  • (c) For each open long and short Futures position and each open order to buy or sell Futures that would further increase your position size you need to provide collateral as published on the platform from time to time (Collateral Requirement).

5.5  Position Liquidation and Position Termination

  • (a) It is your responsibility to constantly monitor your Collateral and to assure that it is equal to or higher than your Collateral Requirement. If this is not the case, it is your responsibility to immediately deposit additional crypto currency into your Account and/or to cancel open orders in the Futures and/or to trade out of existing positions in the Futures such that your Collateral is equal to or higher than your Collateral Requirement.
  • (b) If your Collateral is lower than your Collateral Requirement we may, at our own discretion, cancel your open orders in the Futures and/or liquidate some or all of your open positions in the Futures (Position Liquidation). We will liquidate long positions by selling them to another Member on the Platform, and we will liquidate short positions by buying them back from another Member on the Platform. We will liquidate all positions at the best available price on the Platform at the time of Position Liquidation, and you agree to accept this price.
  • (c) If we cannot liquidate some or all of your open positions in the Futures, for example due to lack of demand by other Members to buy or sell, we may, at our own discretion, terminate some or all of your open positions (Position Termination). The contracts between you and your Counterparties will then end at the termination price. We will select the termination price for each of your open positions such that all of your remaining Collateral is split equally between your counterparties, commensurate with the size of the open positions you have with each Counterparty.
  • (d) If the open positions in the Futures of one of your Counterparties are terminated, the remaining Collateral of your Counterparty is split equally between claimants, commensurate with the size of the open positions each claimant has with the Counterparty. As one of the claimants, you therefore receive a payment that may or may not cover the whole liability your Counterparty has towards you. You agree to forfeit any claims vis-à-vis your Counterparty in excess of this payment.
  • (e) Crypto Facilities Ltd does not benefit from Position Liquidations or Position Terminations other than in the form of standard transaction fees.

5.6  The rules and procedure we apply regarding the calculation of the P&L of open positions in the Futures, the calculation of Collateral, the calculation of the Collateral Requirement, Position Liquidation and Position Termination are identical for all Members.

5.7  The Futures will trade continuously from 00:01 to 24:00 UTC on every day of the year. We may suspend trading and access to the Platform at any time for system maintenance or for other reasons such as maintaining an orderly market.

6  Fees

6.1  Fees for transactions in the Futures

  • (a) We may charge a fee for all orders in the Futures that are successfully matched, settled, liquidated or terminated. This fee is charged in crypto currency and is calculated as a percentage of the matched notional.
  • (b) The fee percentage depends on the number of Futures you have traded in the last 30 days and whether your order is liquidity taking or liquidity providing. Liquidity taking orders are orders that are immediately matched with an existing limit order that sits in the order book. Liquidity providing orders are orders that are not immediately matched with an existing limit order but are first added to the order book.
  • (c) The fee schedule for transactions in the Futures is published on the Platform and may be amended from time to time.
  • (d) We may agree a fee discount with designated market makers in return for contractually agreed market making services in the Futures.

7  Taxes

7.1  You are solely responsible for paying any taxes you might owe as a result of trading on the Platform.

7.2  We may be required to cooperate with tax authorities and you hereby consent to your information being released for this purpose where necessary.

8  Data Protection and Intellectual Property

8.1  We hold and process data relating to, including but not limited to, your identity, address, company details, or other information you provide us with. We will hold your data on secure servers which may be located outside of the European Economic Area. For more details see our Privacy Policy.

8.2  We will make best endeavours to protect your data and we will never sell any of your data or licence it to third parties.

8.3  We own or are the licensee of all the intellectual property that constitutes the Platform.

9  Warranties and Representations

9.1  You warrant that:

  • (a) you are over 18 years old and have full legal capacity to enter into this Agreement;
  • (b) you are the legal and beneficial owner of the crypto currency that you are depositing into your Account;
  • (c) all crypto currency deposited into your Account derive from legitimate/legal sources;
  • (d) using the Platform does not infringe any local law of your country of residence;
  • (e) if you applied for Individual Membership, you are not acting on someone else's behalf;
  • (f) you only will apply for a single Account with us;
  • (g) if your applied for Corporate Membership, you are authorised to transact on behalf of your legal entity;
  • (h) you understand the risks associated with trading crypto currency and the Futures.

10  Market Abuse

10.1  As a Member you will not:

  • (a) use the Platform in contravention of any laws related to insider dealing, market manipulation or market conduct or behaviour deemed to be market abuse;
  • (b) use the Platform in a way to deliberately transfer crypto currency between one crypto currency wallet and another;
  • (c) act in any way to damage the fairness, integrity or functioning of the Platform and the services it provides.

10.2  You will comply with the rules of the Platform as or when published on the Platform.

10.3  You agree that all the warranties in this Agreement are valid at all times.

11  Risk Disclosure

11.1  By using the Platform you acknowledge that you have understood the associated risks and that you accept these risks, in particular that:

  • (a) Crypto currency is a highly volatile asset class and is based on decentralised monetary protocols which are still in experimental stage and may change at any time;
  • (b) Trading the Futures exposes you to market risk. This is the risk that you suffer a loss as a result of a position in the Futures moving against you. If you hold a long position and the crypto currency price declines or if you hold a short position and the crypto currency price increases, you can lose all of your crypto currency deposit;
  • (c) Trading the Futures exposes you to credit risk. This is the risk that one or more of your counterparties have deposited insufficient collateral into their Account(s) such that you may not receive some or all the crypto currency they owe you;
  • (d) Trading the Futures exposes you to liquidity risk. This is the risk that you suffer a loss because you cannot close out a Futures position because there is no demand to take the other side of that trade;
  • (e) Trading the Futures exposes you to operational risk. This is the risk that you suffer a loss because of a malfunction of the Platform, for example resulting from scheduled or unscheduled downtimes, matching system failure, database failure, crypto currency transfer or storage failure, failure or malfunction of the API, hacker attacks or other failure or malfunction;
  • (f) Trading the Futures exposes you to regulatory risk. This is the risk that you suffer a loss because we have to restrict or terminate elements of our service in response to regulatory action.

12  Our Rights

12.1  To protect the integrity of our services we reserve the right to:

  • (a) request from you proof of source of funds;
  • (b) confirmation of your control of your crypto currency address;
  • (c) investigate any breach of warranties or suspicious activity;
  • (d) request from you proof of your identity;
  • (e) request certified copies of your ID documents and valid proof of address;
  • (f) suspend your Account due to repetitive losses and to assess the appropriateness of the Platform for you;
  • (g) suspend your Account due to suspected misuse of our platform by you.

12.2  You agree and acknowledge our calculations and decisions associated with operating the Platform, in particular, but not limited to, the calculation of P&L of open positions in the Futures, the calculation of Collateral, the calculation of Collateral Requirement, Position Liquidation and Position Termination. All our calculations presented on the Platform are binding and final.

12.3  You agree and acknowledge our right to change the methodologies by which we calculate P&L of open positions in the Futures, Collateral, Collateral Requirements, Position Liquidation, Position Termination and all other rules and processes associated with operating the Platform. We will notify you of any such change.

12.4  At our own discretion we may cancel any orders that have previously been submitted and accepted if, in our opinion, such orders have been submitted erroneously or constitute market abuse or could unduly influence market prices. We may also cancel orders at our own discretion in order to perform scheduled maintenance and system upgrades.

12.5  At our own discretion we may cancel, roll back or void within a time period of 48 hours any order executions if, in our opinion, such executions occurred at unreasonable prices or constitute market abuse or unduly influenced market prices or occurred because of malfunctioning of the Platform or were erroneously submitted by a Member.

12.6  At our own discretion we may suspend your Account whilst we are requesting information/documentation from you to verify your identity and/or the identity of your legal entity.

12.7  We will not be liable to you for any loses that result from the suspension of your Account.

12.8  If you do not cooperate with us in our request for further information or documentation during the suspension of your Account, we reserve the right to keep your Account in suspension indefinitely or to terminate your Account.

12.9  We reserve the right to freeze the crypto currency balance of your Account for regulatory or legal reasons or to mitigate any liability related to your use of the Account.

12.10  Where we suspect that you are breaching or potentially breaching or about to breach the terms of this Agreement or where we are directed to do so by a government or regulatory authority, we will suspend your Account and commence an investigation. You will not be able to use your Account during this investigation. We may not be able to give you specific information regarding the suspension, nor any time frame during which it can be resolved, and we ask that you cooperate fully with us during this period.

13  Liability

13.1  The Platform, including its application programming interface (API) is provided on an as is basis. We will not be liable for any losses, damages or otherwise, including indirect or consequential losses incurred by you or related parties arising out of the malfunctioning, misuse, failure or stoppage of the Platform. We do not exclude liability for death or personal injury. In the event of a claim being brought against us for breach of contract or negligence, we will only accept liability for gross misconduct or wilful negligence and our liability to you will be limited to the fees we received from you.

13.2  We exclude all liability where the damage does not relate to our conduct, for example where the cause is due to a technical failure in a crypto currency protocol, the fork of a crypto currency protocol or an action by another Member or a third party.

13.3  You will indemnify us for any loss, liability, costs (including reasonable legal costs), damages or expenses arising from any breach by you of the terms of this Agreement, including any fraudulent, negligent or reckless act, omission or default or your misuse of the Platform.

14  Complaints

14.1  We are committed to providing a high standard of service. If you are dissatisfied with the service you have received and wish to raise a complaint then please submit your complaint via email to support@cryptofacilities.com.

14.2  Please provide the following details in order for us to be able to process your complaint in time:

  • (a) Your name;
  • (b) Your username;
  • (c) A clear description of your concern or complaint;
  • (d) Details of what you would like us to do to fix this matter;
  • (e) Copies of any relevant correspondence.

14.3  We will provide you an acknowledgement of your complaint within 2 business days of receipt. We will aim to resolve your complaint within 2 weeks of receipt. If we are unable to address the complaint within 2 weeks then we will write to you to explain what is happening with your complaint. Within 4 weeks we will send you a final response.

15  Account Termination

15.1  You may terminate your Account at any time and for whatever reason upon 14 days notice to us. To terminate your Account, please contact us through support@cryptofacilities.com.

15.2  We may terminate your Account at any time and for whatever reason upon giving you 14 days notice. You will then need to withdraw your crypto currency balance from your Account.

15.3  Where you are in breach of this Agreement or involved in any fraudulent or criminal activity, we may terminate your Account and/or freeze the crypto currency balance of your Account and reserve the right to take any further or other action against you for any such breach or fraudulent or criminal activity. Any such termination of your Account or freezing of your crypto currency balance will take immediate effect.

16  General

16.1  Assignment - We may assign any of our obligations or rights under this Agreement. Your Account is personal to you and is non-assignable.

16.2  No Third Party Rights - A person who is not a party to this Agreement shall not have any rights under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of this Agreement.

16.3  Severability - If any provision or part-provision of this Agreement is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of this Agreement. If any provision or part-provision of this Agreement is invalid, illegal or unenforceable, the parties shall negotiate in good faith to amend such provision so that, as amended, it is legal, valid and enforceable, and, to the greatest extent possible, achieves the intended commercial result of the original provision.

16.4  Entire Agreement - This Agreement constitutes the entire agreement between the parties and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations and understandings between them, whether written or oral, relating to its subject matter. Each party agrees that it shall have no remedies in respect of any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in this Agreement. Each party agrees that it shall have no claim for innocent or negligent misrepresentation or negligent misstatement based on any statement in this Agreement.

16.5  Notices - We will send you notices to the email address you provided in your Account. These will be deemed to be delivered to you if we do not receive a failed delivery message. You must send your notices to support@cryptofacilities.com.

16.6  Force Majeure - We shall not be in breach of this Agreement nor liable for delay in performing, or failure to perform, any of our obligations under this Agreement if such delay or failure result from events, circumstances or causes beyond our reasonable control.

16.7  No Waiver - No failure or delay by a party to exercise any right or remedy provided under this Agreement or by law shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict the further exercise of that or any other right or remedy. No single or partial exercise of such right or remedy shall prevent or restrict the further exercise of that or any other right or remedy.

16.8  Jurisdiction - Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this Agreement or its subject matter or formation (including non-contractual disputes or claims. This Agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales.

Date Effective: 01 January 2015

This privacy policy (together with the Membership Agreement and any other documents referred to on it) applies between you, the User of https://www.cryptofacilities.com and Crypto Facilities Ltd, a company incorporated in England with registered number 9172128 and registered address at 50 Cambridge Road, Barking IG11 8FG, United Kingdom, who is the owner and operator of the Website. We take the privacy of your information very seriously. This privacy policy applies to our use of any and all Data collected by us or provided by you in relation to your use of the Website. We are registered with the Information Commissioner's Office in the UK (registration reference ZA125039). Please read this privacy policy carefully.

1  Definitions and interpretation

1.1  In this privacy policy, the following definitions are used:

Datacollectively all information that you submit to Crypto Facilities Ltd via the Website, by phone, e-mail, or any other way. This definition incorporates, where applicable, the definitions provided in the Data Protection Act 1998;
Cookiesa small text file placed on your computer by this Website when you visit certain parts of the Website and/or when you use certain features of the Website. Details of the cookies used by this Website are set out in the clause below (Cookies);
Crypto Facilities Ltd, or usCrypto Facilities Ltd, a company incorporated in England with registered number 9172128 and registered address at 50 Cambridge Road, Barking IG11 8FG, United Kingdom;
UK and EU Cookie Lawthe Privacy and Electronic Communications (EC Directive) Regulations 2003 as amended by the Privacy and Electronic Communications (EC Directive) (Amendment) Regulations 2011;
User or youany third party that accesses the Website and is not either (i) employed by Crypto Facilities Ltd and acting in the course of their employment or (ii) engaged as a consultant or otherwise providing services to Crypto Facilities Ltd and accessing the Website in connection with the provision of such services; and
Websitethe website that you are currently using, www.cryptofacilities.com, and any sub-domains of this site unless expressly excluded by their own terms and conditions.

1.2  In this privacy policy, unless the context requires a different interpretation:

  • (a) the singular includes the plural and vice versa;
  • (b) references to sub-clauses, clauses, schedules or appendices are to sub-clauses, clauses, schedules or appendices of this privacy policy;
  • (c) a reference to a person includes firms, companies, government entities, trusts and partnerships;
  • (d) "including" is understood to mean "including without limitation";
  • (e) reference to any statutory provision includes any modification or amendment of it;
  • (f) the headings and sub-headings do not form part of this privacy policy.

2  Scope of this privacy policy

2.1  This privacy policy applies only to the actions of Crypto Facilities Ltd and Users with respect to this Website. It does not extend to any websites that can be accessed from this Website including, but not limited to, any links we may provide to social media websites.

3  Data collected

3.1  We may collect the following Data from you or your company:

  • (a) Data you provide us with by filling in forms on the Website or files you might upload to the Website. This information includes, but is not limited to, your name, address, telephone number, date of birth, identification documents, proof of address documents, the name of your company, you company's address, your company's registration number, a list of the directors and shareholders of your company, personal information about the directors and shareholders of your company, including their names, addresses, telephone numbers, dates of birth, identification documents and proof of address documents, or any other information related to you or your company that we ask you to provide us with;
  • (b) Data you provide us with through your correspondence with us by phone, e-mail, or otherwise;
  • (c) Data you provide us with when reporting a problem with the Website;
  • (d) Data you provide us with by using the services on the Website, in particular by conducting crypto-currency deposits and withdrawals and by trading derivatives and other assets;
  • (e) IP address (automatically collected);
  • (f) Web browser type and version (automatically collected);
  • (g) Operating system (automatically collected);
  • (h) A list of URLs starting with a referring site, your activity on this Website, and the site you exit to (automatically collected);
  • (i) Any other data and information you provide us with by whatever means of communication,

in each case, in accordance with this privacy policy.

4  Our use of Data

4.1  For purposes of the Data Protection Act 1998, Crypto Facilities Ltd is the 'data controller'.

4.2  Unless we are obliged or permitted by law to do so, and subject to any third party disclosures specifically set out in this policy, your Data will not be disclosed to third parties. In particular, we will never sell any of your data or license it to third parties. This does not include our affiliates and / or other companies within our group.

4.3  All personal Data is stored securely in accordance with the principles of the Data Protection Act 1998. For more details on security see the clause below (Security).

4.4  Any or all of the above Data may be required by us from time to time in order to provide you with the best possible service and experience when using our Website. Specifically, Data may be used by us for the following reasons:

  • (a) internal record keeping;
  • (b) improvement of our products / services;
  • (c) compliance with know-your-customer regulation, anti-money laundering regulation, or any other regulation applicable to Crypto Facilities Ltd. This means that we may submit your personal and/or company information, including identification documentation and proof of address documentation to third party service providers to verify your identity,

in each case, in accordance with this privacy policy.

5  Third party websites and services

5.1  Crypto Facilities Ltd may, from time to time, employ the services of other parties for dealing with certain processes necessary for the operation of the Website. The providers of such services have access to certain personal Data provided by Users of this Website.

5.2  Any Data used by such parties is used only to the extent required by them to perform the services that we request. Any use for other purposes is strictly prohibited. Furthermore, any Data that is processed by third parties will be processed within the terms of this privacy policy and in accordance with the Data Protection Act 1998.

6  Links to other websites

6.1  This Website may, from time to time, provide links to other websites. We have no control over such websites and are not responsible for the content of these websites. This privacy policy does not extend to your use of such websites. You are advised to read the privacy policy or statement of other websites prior to using them.

7  Changes of business ownership and control

7.1  Crypto Facilities Ltd may, from time to time, expand or reduce our business and this may involve the sale and/or the transfer of control of all or part of Crypto Facilities Ltd. Data provided by Users will, where it is relevant to any part of our business so transferred, be transferred along with that part and the new owner or newly controlling party will, under the terms of this privacy policy, be permitted to use the Data for the purposes for which it was originally supplied to us.

7.2  We may also disclose Data to a prospective purchaser of our business or any part of it.

7.3  In the above instances, we will take steps with the aim of ensuring your privacy is protected.

8  Functionality of the Website

8.1  To use all features and functions available on the Website, you may be required to submit certain Data.

8.2  You may restrict your internet browser's use of Cookies. For more information see the clause below (Cookies).

9  Accessing your own Data

9.1  You have the right to ask for a copy of any of your personal Data held by Crypto Facilities Ltd (where such Data is held) on payment of a small fee, which will not exceed £10.

10  Security

10.1  Data security is of great importance to Crypto Facilities Ltd and to protect your Data we have put in place suitable physical, electronic and managerial procedures to safeguard and secure Data collected via this Website.

10.2  If password access is required for certain parts of the Website, you are responsible for keeping this password confidential.

10.3  We endeavor to do our best to protect your personal Data. However, transmission of information over the internet is not entirely secure and is done at your own risk. We cannot ensure the security of your Data transmitted to the Website.

11  Cookies

11.1  This Website may place and access certain Cookies on your computer. Crypto Facilities Ltd uses Cookies to improve your experience of using the Website and to improve our range of services. Crypto Facilities Ltd has carefully chosen these Cookies and has taken steps to ensure that your privacy is protected and respected at all times.

11.2  All Cookies used by this Website are used in accordance with current UK and EU Cookie Law.

11.3  This Website may place the following Cookies:

  • (a) Strictly necessary cookies: These are cookies that are required for the operation of our website. They include, for example, cookies that enable you to log into secure areas of our website.
  • (b) Analytical/performance cookies: They allow us to recognize and count the number of visitors and to see how visitors move around our website when they are using it. This helps us to improve the way our website works, for example, by ensuring that users are finding what they are looking for easily.

11.4  You can choose to enable or disable Cookies in your internet browser. By default, most internet browsers accept Cookies but this can be changed. For further details, please consult the help menu in your internet browser.

11.5  You can choose to delete Cookies at any time; however you may lose any information that enables you to access the Website more quickly and efficiently including, but not limited to, personalization settings.

11.6  It is recommended that you ensure that your internet browser is up-to-date and that you consult the help and guidance provided by the developer of your internet browser if you are unsure about adjusting your privacy settings.

12  Transfers outside the European Economic Area

12.1  Data which we collect from you may be stored and processed in and transferred to countries outside of the European Economic Area (EEA). For example, this could occur if our servers are located in a country outside the EEA or one of our service providers is situated in a country outside the EEA. We also share information with our group companies, some of which are located outside the EEA. These countries may not have data protection laws equivalent to those in force in the EEA.

12.2  If we transfer Data outside the EEA in this way, we will take steps with the aim of ensuring that your privacy rights continue to be protected as outlined in this privacy policy. You expressly agree to such transfers of Data.

13  General

13.1  You may not transfer any of your rights under this privacy policy to any other person. We may transfer our rights under this privacy policy where we reasonably believe your rights will not be affected.

13.2  If any court or competent authority finds that any provision of this privacy policy (or part of any provision) is invalid, illegal or unenforceable, that provision or part-provision will, to the extent required, be deemed to be deleted, and the validity and enforceability of the other provisions of this privacy policy will not be affected.

13.3  Unless otherwise agreed, no delay, act or omission by a party in exercising any right or remedy will be deemed a waiver of that, or any other, right or remedy.

13.4  This privacy policy is governed by and interpreted according to English law. All disputes arising under this privacy policy are subject to the exclusive jurisdiction of the English courts.

14  Changes to this privacy policy

14.1  Crypto Facilities Ltd reserves the right to change this privacy policy as we may deem necessary from time to time or as may be required by law. Any changes will be immediately posted on the Website and you are deemed to have accepted the terms of the privacy policy on your first use of the Website following the alterations.

15  Contact

15.1  Questions, comments and requests regarding this privacy policy are welcomed and should be addressed to Crypto Facilities Ltd of 50 Cambridge Road, Barking IG11 8FG, United Kingdom or privacy@cryptofacilities.com.