Last updated on: 04/09/2023

TERMS OF USE

The PENSTAKES Terms of Use outline the rules and guidelines that govern your access and use of their website, www.penstakes.com. By using the website, you agree to abide by these terms and conditions, along with the Privacy Policy and other relevant policies and notices. If you do not agree with any part of these terms, you should refrain from accessing or using the website.

INTELLECTUAL PROPERTY RIGHTS

The intellectual property rights of PENSTAKES refer to the legal ownership and protection of its intangible assets, including but not limited to trademarks, logos, copyrights, patents, trade secrets, and proprietary software. As the owner and operator of PENSTAKES, the company has exclusive rights to its intellectual property, preventing unauthorized use, reproduction, distribution, or exploitation by others without explicit consent.

Trademarks and Logos: PENSTAKES's name, logo, and any associated trademarks are registered and protected marks that uniquely identify the company's brand. Unauthorized use of these trademarks is strictly prohibited.

Copyrights: All content on the PENSTAKES website, including text, graphics, images, and multimedia elements, is protected by copyright laws. This means that the content cannot be copied, reproduced, or used without permission.

Patents: If PENSTAKES has developed any proprietary technologies or innovative solutions, they may seek patents to protect their inventions from being used or replicated by competitors.

Trade Secrets: PENSTAKES may have trade secrets, such as proprietary algorithms, strategies, or business processes, that give them a competitive advantage. These trade secrets are confidential and must be safeguarded from disclosure.

Proprietary Software: If PENSTAKES uses custom-built software for their trading operations or other aspects of their business, the source code and algorithms are considered proprietary and protected.

USE OF WEBSITE

1. LICENSE TO USE

By accessing and using the PENSTAKES website, you are granted a limited, non-exclusive, and non-transferable license to use the platform in accordance with the Terms of Use. This license is solely for personal or internal business purposes and does not grant any rights for commercial exploitation.

2. RESTRICTIONS

You must not engage in any activity that may interfere with or disrupt the proper functioning of the website. This includes but is not limited to attempting to gain unauthorized access, using automated tools ornscripts, or engaging in any unlawful or unethical behaviour.

3. LINKING

The website may contain links to third-party websites for your convenience. However, PENSTAKES does not endorse these linked sites, and you use them at your own risk. These sites are used to display informational data and industrial updates.

4. REGISTRATION TERMS

Eligibility: By registering with PENSTAKES, you affirm that you are of legal age and have the legal capacity to enter into binding agreements. If you are registering on behalf of a company, you must have the authority to act on its behalf.

Accurate Information: You agree to provide accurate and complete information during the registration process. It is your responsibility to update your information promptly if there are any changes.

Account Security: You are solely responsible for maintaining the confidentiality of your account credentials, including username and password. Any activity that occurs under your account is your responsibility.

Prohibited Activities: You agree not to engage in any unauthorized or illegal activities while using PENSTAKES's platform. This includes but is not limited to fraud, money laundering, or any other activity that may violate applicable laws or regulations.

Verification Process: As part of the registration process, you may be required to undergo a verification process to confirm your identity. You agree to provide any necessary documentation or information for this purpose.

Acceptance of Risks: By registering with PENSTAKES, you acknowledge and accept the risks associated with cryptocurrency and forex trading. You understand that trading involves potential financial losses and gains and that past performance is not indicative of future results.

Termination of Account: PENSTAKES reserves the right to terminate or suspend your account at any time and for any reason, including but not limited to violation of these Terms of Use or suspicious activities.

5. CHARGES

By using PENSTAKES's platform and services, you acknowledge that certain charges and fees may apply to specific transactions and services offered. These charges are subject to change and will be outlined in the most recent fee schedule available on the website. All charges and fees are denominated in the currency specified on the website.

Third-Party Payment Processors: For certain payment services, you may be directed to third-party payment processors. PENSTAKES is not responsible for the policies or practices of these third-party processors, and you should review their terms and conditions before proceeding with any payment.

6. INDEMNITY

You agree to defend and indemnify PENSTAKES against any claims, losses, or liabilities arising from your breach of these terms or any activity on the website conducted under your account.

7. DATA ENTRY

Any data you provide on the website may be retained by PENSTAKES in accordance with their Privacy Policy. These data is subjected to be used only for verification and operational purposes.

8. LIMITATION OF LIABILITY

PENSTAKES, or its affiliates, does not make any representations or warranties regarding the use or results of using the website or any linked sites. We shall not be held responsible for any errors or misstatements on the website, nor shall we be liable for any losses or damages arising from the use of the platform, including direct, indirect, consequential, or special losses, or loss of profits.

By using the PENSTAKES website, you release us from all claims that may arise from any statement or representation made on the platform. In the event of any dispute with PENSTAKES, our affiliates, or any related parties, your sole and exclusive remedy is to discontinue using the website.

In connection with any claim brought by a third party against PENSTAKES arising from your breach of the Terms of Use, you agree to indemnify us, including our officers and employees, against all costs, expenses, and damages incurred.

Please note that the limitation of liability and indemnity provisions apply not only to PENSTAKES but also to our affiliates, including parent or subsidiary companies.

At PENSTAKES, we are committed to providing a reliable and secure platform for our users. However, we encourage you to exercise caution and diligence when using our website. Always seek professional advice before making any financial decisions, as trading in cryptocurrencies, forex, and commodities carries inherent risks. We strive to foster a transparent and informative environment, empowering our users to make prudent investment choices. Together, let's navigate the financial markets responsibly and confidently.

9. AMENDMENTS

PENSTAKES reserves the right to modify these terms at any time without notice. Your continued use of the website indicates your acceptance of the updated terms. The changes made shall be made publicly available only if the amended terms impact any of the user or their associates in any specified manner in the operation of their accounts. All internal amendments will be made directly by the organisation and users can acknowledge the same from our policies.

10. GOVERNING LAW

These terms are governed by the laws of the specified jurisdiction. Any disputes will be subject to the exclusive jurisdiction of the courts in that jurisdiction. In case of multiple jurisdictions and arising disputes, users are advised to reach the nearest office situated in their region for quick access to their problems.

11. CONTACT

PENSTAKES participates actively in user interaction to create all round awareness and provide measures to safeguard yourself from adverse impacts that may affect your accounts, funds, user data or device integrity. In any of the cases, users are advised to reach out immediately at support@penstakes.com to intimate the matter and have a quick solution.

The Terms of Use aim to maintain the integrity of PENSTAKES website and protect both users and the company. It ensures that users understand their rights and responsibilities when accessing the website and promotes a secure and fair online environment.