Terms of Service

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1. Acceptance of Terms

By using the services provided by TetherQ.com (referred to as "the Platform," "we," "us," or "our"), you agree to these Terms of Service (referred to as "Terms"). If you don't agree to all the terms and conditions of this agreement, you may not access the Platform or use any services. These Terms govern your use of the Platform, including staking services, account management, and all related functionalities.

2. Definitions

  • Platform: Refers to the website TetherQ.com and all its associated services, applications, and functionalities, operated under a centralized management model.
  • User/You: Refers to any individual or entity accessing or using the Platform.
  • Company/We/Us/Our: Refers to the operator of TetherQ.com.
  • Tether (USDT): Refers to the stablecoin digital asset used for staking on the Platform.
  • Staking: The act of locking Tether (USDT) on the Platform for a specified period to earn rewards.
  • Reward/Interest: The return earned by a User from Staking their Tether (USDT).
  • Effective Member: An "Effective Member" is a User who meets the specific conditions for active membership as explicitly stated and published within the Platform. These conditions may include, but are not limited to, maintaining a minimum staking amount, actively participating in platform features, or completing specific verification processes. Users who meet these stated criteria will be recognized as Effective Members.
  • Referral: Refers to a marketing activity where an existing user brings new users to the Platform, and the existing user receives a reward based on the new user's activity.

3. Eligibility and Account

To use our services, you must be of legal age in your jurisdiction and capable of forming a binding contract. You're responsible for maintaining the confidentiality of your account information and for all activities that occur under your account. You agree to notify us immediately of any unauthorized use of your account.

4. Staking Services and Referrals

  • Staking Mechanics: The Platform facilitates the staking of Tether (USDT). Users can deposit USDT into their accounts and initiate staking contracts for specified periods.
  • Interest Rate Policy: The staking interest rates applicable to our services are clearly displayed and announced on the Platform. We reserve the right to adjust these interest rates at any time and at our sole discretion. However, for any staking initiated by a User, the interest rate applicable at the time the staking commenced will remain unchanged for the entire duration of that specific staking period, regardless of any subsequent rate adjustments.
  • Rewards Distribution: Rewards will be calculated and distributed according to the terms specified for each staking contract.
  • Unstaking: Users can unstake their Tether (USDT) upon the completion of their staking period, subject to any lock-up periods or withdrawal policies explicitly stated on the Platform.
  • Referral Rewards: Effective members engaging in referral activities may receive rewards determined by the Company, and the reward payment method and rates will be specified on the Platform.
  • Abnormal Referral Activities: The Company reserves the right to reclaim rewards or revoke the membership of users who receive referral compensation through abnormal methods (e.g., creating fake accounts, abusing the system, etc.).

5. Centralized Operation and Custody

The Platform operates as a centralized service. This means the Company maintains custody and control over User funds deposited on the Platform for the purpose of facilitating staking services. While we employ robust security measures, Users acknowledge and accept the inherent risks associated with centralized custody, including but not limited to, potential for hacks, operational errors, or regulatory actions impacting the Company.

6. User Responsibilities and Legal Compliance

You agree to use the Platform only for lawful purposes and in a way that doesn't infringe the rights of, restrict, or inhibit anyone else's use and enjoyment of the Platform. You are solely responsible for your cryptocurrency assets, including ensuring the accuracy of wallet addresses for deposits and withdrawals.

If Tether (USDT) staking or similar cryptocurrency activities are prohibited in your country of residence, you are not permitted to use this Platform. Any issues arising from non-compliance (such as legal penalties, asset loss, etc.) are solely your responsibility, and the Company has no obligation to verify whether your country allows Tether staking.

7. Disclaimers and Risk Disclosure

  • Stablecoin Risks: Tether (USDT) is a stablecoin designed to maintain its value pegged to a fiat currency like the US Dollar, meaning its price volatility risk is lower compared to typical cryptocurrencies. However, USDT staking involves inherent risks, including but not limited to:
    • Peg De-pegging Risk: In exceptional market conditions or due to issues with the issuer's credibility, the 1:1 peg of USDT to the US Dollar might temporarily or permanently break, potentially leading to principal loss.
    • Issuer Risk: Risks related to the financial health, operational transparency, and regulatory compliance of the USDT issuer.
    • Platform Operational Risk: Technical flaws, security vulnerabilities, hacks, or operational disruptions of the TetherQ.com platform could result in asset loss.
    • Regulatory Risk: Changes in the regulatory landscape for cryptocurrencies and stablecoins might affect the service or asset value.
    • Liquidity Risk: It might become difficult to seamlessly withdraw USDT or convert it to other assets under certain circumstances.
    You acknowledge and accept these risks.
  • No Financial Advice: The information provided on the Platform is for general informational purposes only and doesn't constitute financial, investment, or legal advice. We recommend seeking independent professional advice before making any investment decisions.

8. Suspension or Termination of Services and Unclaimed Funds Policy

The Company reserves the right to suspend or discontinue the Platform services at any time without prior consent from the User. In such an event, the Company will, in principle, return the User's funds. The Company will notify Users of the specific timing and method of fund returns through announcements on the Platform or via email.

However, if a User fails to apply for a refund or complete the refund procedures within 1 year after such notification, the corresponding funds will be classified as unclaimed assets and will be securely held by the Company. From the date of classification as unclaimed assets, an annual storage fee of 20% will be applied to the principal amount. When the User subsequently requests the return of these funds, the accumulated storage fees will be deducted from the principal amount before remittance. Users are strongly encouraged to claim their funds promptly to avoid the application of storage fees. For these unclaimed assets, the Company will process withdrawal requests upon the User's successful completion of the appropriate identity verification procedures.

9. Limitation of Liability

To the fullest extent permitted by applicable law, in no event shall the Company, its affiliates, directors, employees, or agents be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Platform; (ii) any conduct or content of any third party on the Platform; (iii) any content obtained from the Platform; and (iv) unauthorized access, use or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence) or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed of its essential purpose.

10. Intellectual Property

The text, graphics, logos, images, and software, including all content on the Platform, are the property of TetherQ.com or its licensors and are protected by intellectual property laws. You may not use, reproduce, or distribute any content from the Platform without our express written permission.

11. Amendments to Terms

We reserve the right to modify or replace these Terms at any time. If a revision is material, we will try to provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion. By continuing to access or use our Platform after those revisions become effective, you agree to be bound by the revised terms.

12. Governing Law and Dispute Resolution

These Terms shall be governed and construed in accordance with the laws of the Republic of Seychelles, without regard to its conflict of law provisions. Any dispute, controversy, or claim arising out of or relating to these Terms or the breach, termination, or invalidity thereof, shall be subject to the exclusive jurisdiction of the courts of the Republic of Seychelles.

13. Contact Information

If you have any questions about these Terms, please contact us at [support@tetherq.com].

Last Updated: August 2024