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Terms & Conditions

Welcome to OnEx Market, a trusted platform for trading Bitcoin and USDT in exchange for Nigerian Naira (NGN). By accessing and using our services, you agree to comply with the following Terms and Conditions. Please read carefully to understand your rights and obligations when engaging with our platform.

1. Scope of Services

  • Platform Purpose: OnEx Market is a cryptocurrency exchange that facilitates the buying and selling of Bitcoin and USDT in Naira.
  • Trading Only: We do not offer investment management or aggregation services. Our platform solely provides a secure and efficient space for users to buy and sell cryptocurrency and to access forex trading tutorials for educational purposes only.

2. Account Registration and Verification

  • Eligibility: Users must be 18 years or older to register and use our platform.
  • Account Accuracy: All information provided during registration must be accurate, current, and complete. Any misinformation may result in account suspension or termination.
  • Verification: OnEx Market may conduct identity verification processes to comply with regulatory standards. Users agree to comply with all verification requests in a timely manner.

3. Exchange Rates and Daily Fluctuations

  • Variable Rates: The exchange rates for Bitcoin and USDT in Naira fluctuate daily based on market conditions.
  • Transaction Rates: The rate displayed at the time of your transaction is the final rate for that transaction.
  • No Liability for Market Changes: OnEx Market is not responsible for any losses incurred due to changes in market rates after a transaction is completed.

4. Transaction Policies

  • Order Placement: Users may place buy or sell orders for Bitcoin and USDT directly on the platform at the listed rate.
  • Transaction Finality: All transactions are final once confirmed on the blockchain or by our internal systems. Users are encouraged to verify details carefully before confirming a transaction.
  • Fees and Charges: Any applicable fees for transactions will be disclosed at the time of the transaction. All fees are non-refundable once applied.

5. Service Availability and Limitations

  • Uninterrupted Access: While we strive for continuous availability, OnEx Market does not guarantee uninterrupted service due to possible maintenance, technical issues, or other factors beyond our control.
  • Limited Liability: OnEx Market is not liable for any service interruptions, delays, or access limitations that may affect your ability to use our platform.

6. Risk Disclosure

  • Market Volatility: Trading cryptocurrencies carries significant risk due to price volatility. Users should trade only with funds they are prepared to lose.
  • No Financial Advice: OnEx Market does not provide financial or investment advice. All trading decisions are made at the user's discretion and risk.

7. Prohibited Activities

  • Compliance with Law: Users are strictly prohibited from using OnEx Market for any unlawful activities, including money laundering, fraud, and other illicit activities that violate applicable laws.
  • Platform Integrity: Any attempts to manipulate the platform or circumvent security measures are prohibited and may result in legal action.

8. Amendment of Terms

  • Right to Modify: OnEx Market reserves the right to amend these Terms and Conditions at any time. Updates will be communicated via our platform or by other appropriate means.
  • User Responsibility: Continued use of our services after changes to the Terms and Conditions constitutes acceptance of those changes.

9. Limitation of Liability

  • No Indirect Liability: OnEx Market, its affiliates, and employees shall not be liable for any indirect, incidental, or consequential damages arising from the use of our services.
  • Service Limitation: Our liability is strictly limited to the extent permitted by applicable law and only for direct damages incurred directly through the use of our platform.

10. Governing Law and Dispute Resolution

  • Jurisdiction: These Terms and Conditions are governed by the laws of [Your Jurisdiction]. Any disputes will be resolved exclusively in the courts of [Your Jurisdiction].

For questions or further assistance, please contact our customer support at [Contact Information].

By using OnEx Market, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.