The Terms constitute a legally binding agreement between you ("you", "your") and iBit ("iBit", "we", "our"). These Terms apply to your use of the iBit services offered, made available through, or otherwise provided to you by the Platform. iBit services may be provided by iBit or by any iBit affiliate in accordance with these Terms, any Product Terms, or any Additional Terms. By registering an iBit Account, accessing the iBit Platform and/or using the iBit Services, you agree that you have read, understood and accepted these Terms and any additional documents or terms referenced herein. You acknowledge and agree that you will be bound by and comply with these Terms as updated and revised from time to time. If you do not fully understand and accept these Terms, do not register an iBit Account, or access or use the Platform or any iBit Services.

Risk Warning
The value of digital assets, like any other asset, can fluctuate significantly, and buying, selling, holding or investing in digital assets carries the risk of substantial economic loss. Therefore, please consider whether trading or holding digital assets is appropriate based on your financial situation. For more information regarding the risks associated with using the iBit Services, please see the Risk Warning (which may be updated from time to time). Please read the Risk Warning carefully, but the Risk Warning does not exhaustively list all possible risks, nor does it explain the impact of such risks on you personally. Before deciding to use the iBit Services, be sure to fully understand the risks you may encounter.

iBit is not your broker, intermediary, agent or advisor, and there is no fiduciary relationship or any obligation between iBit and any transaction or other activity you conduct using the iBit Services. iBit does not provide any type of investment or advisory advice. Any communication or information provided to you by iBit is not intended to provide and should not be construed as providing any advice.

You should independently determine whether any investment, investment strategy or related transaction is suitable based on your personal investment objectives, financial situation and risk tolerance, and assume any related losses or liabilities. iBit has not recommended that you purchase, earn, sell or hold any digital assets. Before deciding to purchase, sell or hold any digital assets, you should conduct due diligence and consult a financial advisor. iBit is not responsible for any decisions you make to purchase, earn, sell or hold digital assets based on information we provide, including any losses you may incur as a result of such decisions.

About the Agreement Between iBit and You

1. Introduction

1.1. About iBit. The iBit Group is an ecosystem centered on an online digital asset trading platform, providing users with a trading platform for buying and selling digital assets, integrated custody solutions allowing users to store digital assets, and other digital asset-related services.

1.2. These Terms. By registering an iBit Account, you enter into a legally binding agreement with iBit. These Terms apply to your use of the iBit Services and clarify what kind of company iBit is, how iBit provides services to you, how these Terms may be changed or terminated, how to resolve problems and other important information. You must carefully read these Terms and the documents referenced herein, and contact us if you have any questions. If any local terms apply to your use of the iBit Services, such local terms shall prevail over these Terms.

1.3. Additional Documents. Many additional documents referenced in these Terms also apply to your use of the iBit Services. These attachments include:
a. The iBit Privacy Statement, which governs our processing of personal data about you that we collect or that you provide to us. By using the iBit Services, you understand and agree to such processing and warrant that all data you provide is accurate and up-to-date.
b. The iBit Risk Warning, which contains important information about the potential risks of buying, selling, holding or investing in digital assets.
c. The Product Terms, which set out additional terms and conditions applicable to the use of specific iBit Services.

You acknowledge that you are bound by and agree to comply with any relevant additional terms and conditions applicable to the iBit Services.

2. Eligibility

2.1. Eligibility Criteria. To be eligible to register an iBit Account and use the iBit Services, you must:
a. Be an individual, company, legal person, entity or other organization with full power, authority and capacity to (1) access and use the iBit Services; and (2) enter into these Terms and comply with your obligations under these Terms;
b. If you are an individual, be at least 18 years of age;
c. If you are an employee or agent of a legal entity and are signing these Terms on its behalf, you must have received formal authorization as its representative and bind the entity by signing these Terms;
d. Not have been suspended or disqualified from using the iBit Services;
e. Not be a restricted person;
f. Not currently have an iBit Account; and
g. Not be located in, registered in, or established in; be a citizen or resident of; or conduct business operations in:
i. A jurisdiction where accessing or using the iBit Services would violate applicable laws or cause iBit or any third party to violate any applicable laws; or
ii. A country/region listed on the Prohibited Countries/Regions List.

2.2. Modification of iBit Eligibility Criteria. iBit may modify the eligibility criteria at any time in its sole discretion. iBit will provide you with advance notice of changes where possible. However, we may occasionally need to make changes without prior notice to you. Such situations may include:
a. Changes made in accordance with changes in laws and/or regulations;
b. Changes that are in your interest; and/or
c. Other reasonable reasons that make prior notice impracticable.

For situations where we cannot provide advance notice to you, we will notify you as soon as possible after the change is made.

3. How We Communicate With Each Other

3.1. How You Contact Us. For more information about iBit, please visit the iBit official website. If you have any questions, feedback or comments, please contact us through our customer support team. These Terms may specify contact methods for specific notices. The addresses in these notices are not monitored.

3.2. How We Contact You. We will contact you through the contact information you provide. This may include contacting you by email, text message or telephone. Please ensure that you provide correct and up-to-date contact information. If your contact information changes, please notify us immediately. Otherwise, iBit will not be responsible if you do not receive our messages, notices or other important information.

4. iBit Services

4.1. Specific Product Terms. After opening an iBit Account, you may use the iBit Services in accordance with these Terms and the Product Terms applicable to each specific iBit Service.

4.2. Intra-Group Services. You acknowledge and agree that some iBit Services may be provided by iBit affiliates.

5. Chat Services

5.1. Availability of Chat Services. We may provide you with interactive online chat services ("Chat Services") at any time when you use any iBit Service. When using the Chat Services, you may interact with robots, chatbots or other non-humans. To the extent required by applicable law, we will indicate when we use chatbots or other non-humans. By contacting us through the Chat Services, you authorize us to monitor and save your chat records.

5.2. Important Information. The Chat Services are provided for convenience and are generally intended to facilitate your understanding of the iBit Services. The iBit Chat Services will use reasonable efforts to provide you with accurate, up-to-date information based on your questions or needs. Nothing communicated by iBit in the Chat Services shall be considered a legal agreement, representation or warranty by iBit regarding services, processes, decisions or response times. Any personal data you share with us when using the Chat Services must comply with the applicable privacy policies and notices set forth in the iBit Privacy Statement.

5.3. User Chat. In addition, iBit may provide you with Chat Services that allow you to interact directly with other users on the Platform ("User Chat").

5.4. Prohibited Conduct. You must not send any abusive, defamatory, fraudulent or obscene messages or any messages intended to manipulate the market through the Chat Services or any User Chat, nor spread false or misleading information or messages that violate applicable laws, as this may result in termination of your Chat Services session and may result in restrictions on your use of the iBit Services.

6. Fees

6.1. Payment of Fees. You agree to pay all applicable fees related to the use of the iBit Services as specified in the Product Terms on the iBit official website or through any relevant Product Terms. You authorize us to deduct from your iBit Account all applicable fees, commissions, interest, charges and other amounts owed by you under these Terms or any Product Terms. If you owe iBit funds digitally (denominated in a digital asset) and the amount of that digital asset is insufficient to cover the owed portion, iBit may deduct the owed amount from other digital assets (in which case, iBit will convert your held digital assets into the digital asset (or equivalent fiat currency) in which the owed funds are denominated at the price currently published on the Platform or at another commercially reasonable price we determine). If the digital assets in your iBit Account are insufficient, you acknowledge that any amounts due and payable by you under these Terms are debts due and payable by you in such quantity and form (whether digital assets or otherwise) as may be reasonably determined by commercial means.

6.2. Modification of iBit Fees. iBit may adjust fees from time to time in accordance with Section 18.3 of these Terms.

About Your iBit Account

7. Creating an iBit Account

7.1. Opening an Account. You must create and maintain an iBit Account to access the iBit Services and Platform. Individuals may open iBit personal accounts, and companies, entities or other organizations may also open iBit corporate accounts. All iBit Accounts are provided entirely at iBit's discretion. iBit reserves the right to reject any iBit Account application or limit the number of iBit Accounts you may hold, for any reason or no reason.

7.2. Exclusive Rights. By opening an iBit Account, you agree that:
a. If you are an individual user, you will only use the iBit Account for personal use and not on behalf of any third party, except with iBit's prior written consent; and
b. If you are a corporate user, your authorized users will only use the iBit Corporate Account for your benefit and not on behalf of any third party, except with iBit's prior written consent.

You are solely responsible for all activities on your iBit Account.

7.3. Identity Verification. You must first provide us with relevant information about yourself and your authorized users (if applicable), complete our identity verification process, and then you will be allowed to open an iBit Account and access and use the iBit Services. All information you provide must be complete, accurate and true. You must update such information immediately whenever it changes.

You authorize iBit to conduct such investigations as iBit deems necessary, directly or through third parties, to verify your and any authorized user's identity, protect you and/or iBit from fraud, money laundering, terrorist financing or other financial crimes, and take any actions iBit deems necessary based on the results of such investigations.

You acknowledge and understand that in conducting investigations, iBit may disclose your and any authorized user's personal data to identity verification, compliance data records, credit investigation, fraud prevention or financial crime agencies; and you acknowledge and understand that these agencies may fully respond to iBit's inquiries.

You may review the iBit Privacy Statement for more information about iBit's handling of personal data.

7.4. Enhanced Due Diligence. iBit may also require you to submit additional information about yourself, the company or authorized users, provide additional records or documents, or meet face-to-face with an iBit representative to comply with iBit's enhanced due diligence procedures.

7.5. Records. iBit will retain your personal data for as long as you continue to use the iBit Services, to the extent required for the relevant purposes stated in the Privacy Statement, for relevant laws for tax and accounting purposes, for compliance with anti-money laundering laws or as otherwise communicated to you. Please review the iBit Privacy Statement for information about how iBit collects and uses user personal data related to the use and performance of the iBit website and iBit Services.

8. Information Requests

8.1. When iBit May Request Information. iBit may request information from you at any time to comply with any applicable laws, identity verification requirements, or to detect money laundering, terrorist financing, fraud or any other financial crime, or for any other legitimate reason. You agree to provide iBit with any such information that iBit requests, provided that such information is necessary to achieve its intended purpose, and allow iBit to retain records of such information for the duration of your iBit Account or other period required by applicable laws.

8.2. What Happens After You Provide Information. Your access to your iBit Account and your iBit Service trading limits will continue to change based on the information collected about you. If there is reason to suspect that any information you provide is incorrect, untrue, outdated or incomplete, iBit may send you a notice requesting you to correct, delete the relevant information, or take other actions iBit deems necessary to ensure that the information you provide is true and correct.

8.3. If You Fail to Provide Information as Requested. You must comply with any information requests we send you. If you refuse to provide information as requested, or fail to provide information in a timely manner, iBit reserves the right to immediately suspend or terminate your access to your iBit Account or all or part of the iBit Services without notice.

9. Accessing Your iBit Account

9.1. Access. To access your iBit Account, you or your authorized users (as applicable) must have the necessary equipment (such as a computer or smartphone) and be able to access the internet. You may access your iBit Account directly through the Platform or other access modes specified by iBit (including APIs). You may only access your iBit Account using the access ID provided to you or your authorized users by iBit for that purpose. iBit may require multi-factor authentication to ensure the security of your iBit Account. Use of the Platform and other access methods is subject to additional terms that iBit informs you of.

9.2. Restricting Third-Party Access. You must ensure that any iBit Account registered in your name is not used by anyone other than yourself, or in the case of an iBit Corporate Account, not used by anyone other than your authorized users, except as otherwise permitted under these Terms.

10. Account Information and Transaction History

10.1. Your Account History. You may access your account history through the Platform. You must carefully review your account history. If you find any records or transactions you do not recognize or believe are incorrect, you must notify us within 14 days of receiving your account history.

10.2. Errors. iBit may correct any errors in your account history at any time, and has the right to void or cancel any transaction that is or is based on an obvious error, or modify such transaction details to reflect the correct or fair details that would have existed without such obvious error. Without prejudice to the generality of other terms under these Terms and in the absence of fraud or bad faith, iBit shall not be liable to you for any direct, indirect, special or consequential loss of any nature (including but not limited to loss of profits, loss of opportunity) or claims arising from or incurred by you as a result of any obvious error, even if you have informed iBit of the possibility of such occurrence or such occurrence was reasonably foreseeable.

10.3. Information Sharing. iBit may be required to share information about your iBit Account and account history with third parties in accordance with applicable legal requirements. You acknowledge and agree that iBit has the right to disclose such information. For more information about how iBit handles your personal data, please review the iBit Privacy Statement.

Using Your Account

11. Instructions

11.1. Issuing Instructions. You must ensure that any instructions you submit are complete and accurate. iBit is not required to verify the accuracy, authenticity or validity of any instruction, and will not monitor or refuse to execute instructions due to repetition or apparent repetition. However, if iBit has questions about the accuracy, authenticity or validity of an instruction, iBit may refuse to execute or delay execution of any instruction, or seek further information regarding the instruction.

Instructions are irrevocable, and once submitted, you or your authorized users have no right to revoke or withdraw the instruction without iBit's written consent. Your instruction shall not be deemed received by iBit until it is received by iBit's servers. iBit's records of all instructions are final and binding on you.

11.2. Acting on Your Instructions. By submitting an instruction, you or your authorized users authorize iBit to initiate transactions on your iBit Account. iBit is therefore authorized to credit or debit (or provide settlement information to third parties for them to credit or debit) digital assets from your iBit Account in accordance with your instructions. If the digital assets or fiat currency in your iBit Account are insufficient to complete the transaction (i.e., insufficient to settle the transaction and pay all fees related to the transaction), iBit has the right to refuse to enter into any transaction. You are responsible for holding sufficient digital assets or fiat currency in your iBit Account.

11.3. Protection of Instructions. You acknowledge that instructions and information transmitted through the Platform or email are typically transmitted over the internet, and the routing path may be through unprotected public international facilities. iBit cannot guarantee complete protection against unauthorized access to transmitted instructions and information, and you accept the risks associated therewith.

11.4. Withdrawals. Subject to these Terms and all applicable Product Terms, if your iBit Account has sufficient balance and does not hold digital assets related to any iBit Services, you may instruct iBit to transfer digital assets to an external wallet address by submitting a withdrawal request on the Platform. Upon receiving your withdrawal request, iBit will: (i) deduct the amount from your iBit Account balance; and (ii) initiate an on-chain transfer to the external wallet address you specified. If iBit has reason to believe that execution of the relevant withdrawal would violate applicable laws, iBit may not process the withdrawal request. iBit may also suspend withdrawals at such time as iBit deems appropriate to address any emergency on the Platform. Once such emergency is resolved, iBit will resume withdrawals.

12. Transactions

12.1. Conducting Transactions. You may trade directly with iBit or other users, and these transactions may or may not be facilitated by iBit. iBit makes no representation or warranty that any transaction will be successfully completed or completed within a specific time.

12.2. Unauthorized Transactions. You are solely responsible for controlling or using your iBit Account. Therefore, iBit will assume that any instruction issued from your iBit Account is authorized by you or your authorized users, unless iBit has been notified otherwise. You should monitor the history to detect any unauthorized or suspicious activity in your iBit Account and notify us as soon as possible. iBit is not liable for any claims or losses resulting from transactions executed pursuant to unauthorized instructions, except in the case where you have notified iBit in accordance with this Section.

12.3. Retaining Transaction Information. To facilitate compliance with global industry standards regarding data retention, you agree to allow (but not require) us to retain records of all transaction information for the duration of your iBit Account or other period required by applicable laws, in accordance with the original intent of retaining transaction information. Please review the iBit Privacy Statement for information about how iBit collects and uses data related to the use and performance of the iBit website and iBit Services.

13. Material Interests and Conflicts

13.1. iBit Group. You acknowledge that the iBit Group consists of several companies engaged in digital asset-related businesses, and iBit is a member of that group.

13.2. Nature of iBit's Responsibilities. You understand and agree that your relationship with iBit or any service provided to you by iBit or any other matter will not give rise to any liability, whether legal, equitable or fiduciary, on the part of iBit or any iBit affiliate, except as expressly provided under these Terms. In particular, iBit and any iBit affiliate may act in multiple capacities at any time, and when acting in these capacities, iBit may charge fees or commissions to multiple users (including you). You agree that iBit may act in such capacities and provide any other iBit services, or conduct business with or for you, any iBit affiliate or any other user.

13.3. Material Interests. You understand and agree that neither iBit nor any iBit affiliate is required to: (1) carefully consider any information of material interest that iBit or any iBit affiliate becomes aware of; (2) disclose any such information to you; or (3) use such information for your benefit. You further acknowledge that in providing iBit Services to you, iBit may from time to time receive general market information and apply it in iBit's ordinary business.

13.4. Conflicts of Interest. iBit maintains effective organizational and administrative arrangements designed to take all appropriate measures to identify and manage conflicts of interest between iBit and iBit users and related third parties, and prevent conflicts of interest from adversely affecting the interests of iBit users. If such organizational and administrative arrangements are insufficient to prevent the risk of harm to your interests, iBit will inform you of the nature and/or source of the relevant conflict of interest, as well as the measures that have been taken to reduce such risk, so that you can make an informed decision whether to continue transacting with us. iBit reserves the right to decline to act in your interest if it is unable to manage the conflict of interest in any other way.

14. Trading Limits

14.1. Your Trading Limits. Your iBit Account may be subject to limits on:
a. The amount or volume of transactions that may be conducted through your iBit Account; and/or
b. The amount or value of fiat currency or digital assets that may be transferred into or out of your iBit Account,

each such case being limited within a given period (e.g., daily). All applicable limits will be displayed in your iBit Account.

14.2. Changing Your Trading Limits. iBit reserves the right to change any trading limits applicable to your iBit Account at any time in its absolute discretion. You may also request a change to your limits. Any change is at iBit's sole discretion and subject to any further conditions iBit deems necessary.

15. Supported Digital Assets
15.1 Supported Digital Assets. The iBit Services are only applicable to supported digital assets, which may be adjusted from time to time. iBit has published the list of supported digital assets on its official website. iBit may remove or suspend one or more digital assets from the list of supported digital assets and will use reasonable commercial efforts to notify you in advance. After such notification, you will no longer be able to access such digital assets as part of the iBit Services and may only withdraw them from your iBit Account. If you fail to withdraw the discontinued digital assets within the specified period, iBit may, at its discretion, convert them into another type of digital asset, namely stablecoins. iBit will notify you prior to any conversion. You may withdraw the relevant digital assets within a reasonable period specified by iBit before the conversion to stablecoins takes place. In accordance with this Clause, iBit shall not be liable for your purchase of unsupported digital assets via your iBit Account or your conversion of such unsupported digital assets into other types of digital assets.
15.2 Forks. When deciding whether to support a certain fork, we may temporarily suspend all iBit Services related to the specific digital asset. We are not obligated to support any forks of digital assets held in your iBit Account, regardless of whether such forks become dominant digital assets after the split. If we decide to support a digital asset fork, we will publish an announcement via the official iBit website or other appropriate channels deemed fit by us. You acknowledge that we have no control or influence over the creation and implementation of forks. iBit makes no warranties regarding the security, functionality or supply of any digital assets, including new dominant digital assets and other digital assets affected by forks. You may not be able to trade forked digital assets on the platform and may suffer losses in relation to the value of such digital assets.
15.3 Secured Digital Assets. iBit may from time to time support digital assets that are claimed to be secured by, or linked or pegged to other assets, including other digital assets, fiat currencies, gold, silver and other commodities ("Secured Digital Assets"). You agree that you will conduct any transactions related to a specific Secured Digital Asset only after reading, understanding and accepting all relevant terms, conditions and risks. iBit is not obligated to purchase, repurchase or facilitate the redemption of your Secured Digital Assets. iBit reserves the right to modify, suspend or terminate any services associated with any Secured Digital Asset. iBit makes no representations regarding whether any Secured Digital Asset will maintain its value against any underlying asset, nor regarding the quantity or quality of reserves or collateral held by issuers or any third parties for such Secured Digital Assets.

16. Account Security
16.1 Your Responsibilities. You shall take appropriate measures to protect your hardware and data from viruses, malware and any harmful content. Unless otherwise required by applicable laws, you shall independently back up and maintain copies of all information stored or transmitted via the iBit Services. iBit shall not be liable for any claims or losses arising from your failure to comply with these Terms.
16.2 Security Measures. You and any authorized users shall ensure that all your access credentials are kept secure at all times. You are responsible for taking necessary security measures to protect your iBit Account and access credentials, including: a. Strictly complying with all mechanisms and procedures of iBit; b. Creating a strong password to secure your access credentials; c. Ensuring the email address and phone number provided to iBit are up to date to receive any notifications or alerts from iBit; d. Refusing remote access or sharing your computer and screen with others while logging into your iBit Account; e. Keeping in mind that iBit will never ask you to disclose your password or two-factor authentication code under any circumstances; and f. Logging out from the website or platform after each use. You must protect your email accounts and access credentials from attacks and unauthorized access. If you learn of or suspect any security threats to your email address or that of any authorized user, or any unauthorized use of such email accounts, you must notify us immediately.
16.3 Monitoring Account History. You shall regularly monitor your account history to identify any unauthorized or suspicious activities on your iBit Account and notify us promptly. You acknowledge that any security breach may result in unauthorized access by third parties to your iBit Account, leading to the loss or theft of digital assets and funds in your iBit Account and any linked accounts, including linked bank accounts and credit cards.
16.4 Actions upon Suspected Security Breach. If you suspect a security breach, you must ensure that: a. You notify us immediately via the contact methods specified in Clause 3.1 and provide us with accurate and updated information throughout the duration of the breach; b. You lock your iBit Account immediately via the account disabling function on the platform or other methods specified by iBit from time to time; and c. You take any other reasonable steps requested by iBit to mitigate, manage or report the security breach. iBit reserves the right to request any and all information and documents relevant to the actual or suspected security breach, and you agree to provide such materials. iBit is entitled to share such information with third parties to resolve the security breach.

Other Important Information
17. Privacy
17.1 Privacy Statement. The collection and use of personal data in connection with these Terms, the iBit Services, the platform and all websites shall be governed by the Privacy Statement, which is updated periodically. You acknowledge that iBit will process your personal data, including data you provide and data collected by iBit pursuant to these Terms, in accordance with the Privacy Statement. Your personal data shall be processed in compliance with the Privacy Statement, which forms an integral part of these Terms. You represent and warrant that: a. You have read and understood the Privacy Statement. b. As iBit's business evolves, the Privacy Statement will be revised accordingly. You shall read the updated version of the Privacy Statement promptly once it is provided by iBit.

18. Amendments to Terms
18.1 How and when amendments are made. iBit may amend these Terms and any terms and conditions incorporated by reference, including any Product Terms, at any time. Your acceptance of these Terms constitutes your express consent to such amendments. iBit will notify you of any changes via email or the official website. Most amendments will be notified to you in advance before taking effect. However, amendments may occasionally be implemented without prior notice, including but not limited to the following scenarios: a. Amendments made due to changes in laws and regulations; b. Amendments made for your benefit; c. Amendments intended to clarify these Terms; d. Other reasonable circumstances where prior notice is not feasible. We will notify you as soon as possible after implementing any changes that cannot be announced in advance.
18.2 Effective date of amendments. Except for amendments taking immediate effect, revised Terms shall come into force upon our notification to you. If you do not accept the amendments, you may close your iBit Account in accordance with Clause 19.1. If we do not receive any objection from you, you will be deemed to have accepted the amendments, and your continued access to or use of the iBit Services shall constitute acceptance of the revised Terms.
18.3 Fee adjustments. iBit may also adjust the fees stated on the Product Terms page on the official website, including introducing new service charges. If you do not accept such adjustments, you may close your iBit Account in accordance with Clause 19.1. If we do not receive any objection from you, you will be deemed to have accepted the adjustments, and your continued use of the iBit Services shall constitute acceptance of the revised terms.

19. Closing Your iBit Account
19.1 Your right to close the account. You may terminate your iBit Account at any time in accordance with the account termination procedures specified by iBit from time to time. No fees will be charged for account closure, but all outstanding debts payable to iBit must be settled. You authorize iBit to cancel any pending transactions and deduct any outstanding amounts from your iBit Account upon closure. You may not close your iBit Account under the following circumstances: a. Attempting to evade investigations by relevant authorities; b. There are pending transactions or unresolved claims; c. There are outstanding payments owed to iBit; d. The iBit Account is frozen, detained or restricted.
19.2 Consequences of account closure. If you close your iBit Account, you must withdraw all digital assets held in the account. If you fail to withdraw the digital assets or do not log into your iBit Account for 90 consecutive days, iBit will send you a notice and mark your account as a dormant account.
19.3 Rules for dormant accounts. If you fail to respond to the notice issued under Clause 19.2 within 30 days, iBit may take the following actions: a. Mark your iBit Account as a dormant account; b. Convert the digital assets held in the account into other types of digital assets. iBit shall not be liable for any loss of profits, tax liabilities or other losses, damages and expenses incurred due to such conversion; c. Transfer the dormant account and its digital assets to any third party when reasonably necessary, including but not limited to iBit partners, third-party custodians and independent wallets. After the transfer, you may recover the digital assets provided that you meet the reasonable verification requirements and other terms of use set by iBit or the relevant third party; d. Convert your rights to the digital assets held in the dormant account into contractual claims corresponding to the quantity and type of assets before conversion; e. Charge dormant account fees to cover the maintenance costs borne by iBit partners or third parties, which will be deducted from the dormant account monthly; f. Close the dormant account at any time. A closed dormant account cannot be reactivated. If you wish to continue using the iBit Services, you must register a new account in accordance with these Terms. You acknowledge that iBit is not obligated to pay any rewards, bonuses or interest associated with the assets credited to your dormant account as agreed under the applicable Product Terms.

20. Termination, Suspension and Restrictions
20.1 Rights of iBit. iBit may temporarily or permanently modify or discontinue any part or function of the iBit Services at any time. In particular, iBit may: (1) Refuse to complete, block, cancel or decline to reverse any transactions authorized by you to the extent permitted by applicable laws; (2) Terminate or suspend your access to any or all iBit Services; (3) Terminate, suspend, freeze or restrict your access to any or all iBit Accounts; (4) Refuse to transmit information or instructions to third parties including third-party wallet operators; (5) Take any other actions deemed necessary by iBit. All such actions shall take effect immediately for any reason, including but not limited to: a. You are not eligible or no longer eligible to use one or more iBit Services; b. iBit has reasonable grounds to suspect that your account is accessed by an unauthorized person or used for illegal, fraudulent or unauthorized purposes; c. The information you provided is incorrect, untrue, outdated or incomplete; d. iBit has reasonable concerns about your credit status or financial position, including bankruptcy, insolvency and related legal proceedings against you or your entity; e. You have failed to submit information and documents as required under Clause 8; f. You have failed to complete enhanced due diligence as required under Clause 7.4; g. Applicable laws, courts or competent authorities require us to take such actions; h. You have breached these Terms, any Product Terms, representations or warranties made by you, or engaged in unauthorized, erroneous, fraudulent or illegal transactions, money laundering, terrorist financing or other criminal activities via your account or the iBit Services; i. Your account is subject to pending litigation, investigations or regulatory proceedings, or poses high compliance risks; j. Outstanding payments to iBit remain unsettled for any reason including refunds; k. Emails sent to your address are returned undelivered; l. Issues arise during identity verification; m. You take actions to bypass iBit's controls, such as creating multiple accounts without written consent or abusing promotional activities; n. Any other reasonable grounds. iBit will take reasonable steps to notify you, unless prior notice is prohibited by applicable laws.
20.2 Your Acknowledgment. You acknowledge and agree that: a. The actions listed in Clause 20.1 are not exhaustive; b. Decisions on termination, suspension or restriction of access may be based on confidential risk management and security protocols critical to iBit. You agree that iBit is not obligated to disclose details of its risk management and security procedures.
20.3 Consequences after enforcement. If iBit terminates, suspends or restricts your access to any iBit Services: a. Any pending orders, transactions or open positions may be closed by you or us; b. Any refunds related to your use of the services may result in immediate suspension or restriction of your iBit Account; c. To reactivate a suspended or restricted account, you must repay all refunds together with applicable fees; d. You shall bear all relevant costs for refunds, and you authorize iBit to deduct such fees directly from any assets in your account without further notice.
20.4 Unauthorized Possession. If iBit is informed and has reasonable grounds to believe that any digital assets or fiat currencies held in your account are stolen or not lawfully owned by you, iBit may (but is not obligated to) freeze the relevant funds and your account. iBit may withhold part or all of the digital assets, fiat currencies or your entire account until valid proof of lawful ownership is provided. iBit will not participate in or resolve any disputes over assets held in your iBit Account.
20.5 Access in other jurisdictions. Residents of certain countries may only access part of the iBit Services. iBit may adjust the scope of services provided to you from time to time. If you travel to any country listed on iBit's Restricted Countries List, you will be unable to use the iBit Services or will be blocked. You acknowledge that this will affect your ability to trade, monitor orders and positions or use the services normally. You shall not attempt to bypass such restrictions by any means, including using virtual private networks to alter your IP address.

Intellectual Property
21. Background Intellectual Property
All intellectual property rights of iBit shall remain the property of iBit at all times.

22. License for iBit Intellectual Property
iBit grants you a non-exclusive license to use iBit's intellectual property rights (excluding trademarks) solely for personal non-commercial or internal business purposes during the term of these Terms or before your access to the services is suspended or terminated, whichever comes first.

23. License for User Intellectual Property
23.1 License Grant. You grant iBit a perpetual, irrevocable, royalty-free, worldwide non-exclusive license to use your intellectual property, to the extent necessary for providing the iBit Services.
23.2 Right of Sublicense. The license granted by you includes the right for iBit and its partners to sublicense to third parties for the purpose of delivering the iBit Services.

24. Created Intellectual Property
24.1 Ownership of Created Intellectual Property. All intellectual property created in the course of service provision shall automatically belong to iBit upon creation.
24.2 Assignment. You hereby assign all present and future rights and interests in the created intellectual property to iBit and provide full title guarantee. You and your agents, representatives and contractors shall sign all documents and take all necessary actions required by iBit to complete the assignment free of charge upon request.

25. General Provisions
25.1 Disclaimer. You acknowledge and agree that: (1) iBit assumes no liability for user content published on the platform or websites; (2) You use all user content at your own risk, and iBit provides no warranties in this regard.
25.2 Rights of iBit. iBit has the right to delete, modify or reject any content you submit, post or display on the platform or websites for any reason. iBit reserves the right to issue warnings, claim compensation, suspend or terminate your account, restrict or prohibit your future use of all services.
25.3 Records. You agree that iBit may record all communications with you via electronic mail, phone calls, video calls and other channels. All records shall serve as evidence of communications between both parties. Phone and video calls may be recorded to respond to inquiries, comply with laws, improve services and provide customer support.

Your Obligations and Liabilities
26. Prohibited Uses
Without prejudice to other restrictions under these Terms, you and all authorized users shall not:
a. Violate these Terms or any related agreements;
b. Use the services in a manner contrary to public interests, public morality or the legitimate rights of others, or interfere with other users;
c. Resell or use the services for commercial purposes without iBit's prior written consent;
d. Engage in market manipulation of digital asset prices, including pump-and-dump, wash trading, front-running, spoofing and layering;
e. Participate in fraudulent activities or acts that arouse iBit's suspicion of fraud;
f. Use the services for lotteries, bidding games, sports betting, fantasy sports, online games or other games of chance;
g. Duplicate claims for the same transaction, cause complaints, refunds, fines or liabilities to any party, or allow negative balances in your account;
h. Provide false, inaccurate or misleading information to iBit;
i. Use crawlers, bots, scripts, hacking, vulnerability scanning or other unauthorized tools to access or interfere with the platform and systems;
j. Modify, adapt or integrate the platform into other programs;
k. Disassemble, decompile or reverse-engineer the platform to extract source code, ideas or algorithms;
l. Modify, reproduce, distribute, license, rent or create derivative works based on iBit's intellectual property;
m. Distribute viruses, trojans, worms and other malicious programs via the services;
n. Use anonymous proxies, temporary email addresses or other tools to interfere with the normal operation of iBit's systems;
o. Create security interests over fiat currencies or digital assets in your account without prior written consent from iBit;
p. Infringe applicable laws, copyrights, patents, trademarks, trade secrets or other rights of third parties;
q. Access or use the services in restricted jurisdictions or with parties on international sanction lists.

27. Representations and Warranties
You hereby represent and warrant to iBit at all times that:
a. All documents and information you provide are true, accurate, complete and up-to-date, and may be used by iBit to verify your eligibility for using the platform and services;
b. All decisions related to the use of services are based on your independent assessment of your financial status, capabilities and risk tolerance;
c. You have full authority to access the platform, use the services and perform all obligations under these Terms and related agreements;
d. If you are a company, partnership or trust, you will notify iBit immediately of any changes to directors, partners, trustees, beneficial owners or dissolution of the entity;
e. You have obtained all necessary third-party consents, licenses, regulatory approvals and filings required for using the services and conducting relevant transactions, and all such qualifications remain valid.