1.4: By registering as a Member you represent and warrant:

a) that you have accepted the Terms; and
b) that you are at least 18 years of age and have the capacity to accept the Terms;
c) that you are the legal owner of the funds you add to your account with BaseFEX and that the same funds derive from a legitimate source;
d) that using BaseFEX services does not constitute a breach of your home jurisdictions’ laws;
e) that you are aware of the risks in using the services provided by BaseFEX. These risks include the high volatility risk of Bitcoin itself, and the fact that you may lose all of the funds in your trading account if the market moves against you;
f) that you will not be involved in or initiate any form of market manipulation, including spoofing orders or otherwise;
g) that the information or documents you provide as part of any ID verification process are correct, genuine and up-to-date;
h) that you agree to indemnify and hold BaseFEX harmless against libelous, defamatory, or obscene material you submit anywhere on the internet;
i) that any Bitcoin withdrawal address you provide is your own and that you have full control over this address;
i) that if you are located in or a resident of the United States of America or Québec (Canada), you understand and acknowledge that you are prohibited from holding positions or entering into contracts at BaseFEX. If you are located in or a resident of China, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, and Sudan, or any other jurisdiction where the services offered by BaseFEX are restricted, you also understand and acknowledge that you are prohibited from holding positions or entering into contracts at BaseFEX. You understand and acknowledge that if it is determined that any BaseFEX trading participant has given false representations as to their location or place of residence, BaseFEX reserves the right to close any of their accounts immediately and to liquidate any open positions.