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 Membership Agreement

WIDER COIN TERMS OF SALE AND SERVICE

IMPORTANT: These Wider Coin Terms of Sale and Service govern the Wider Coin, Wider Coin Wallets and the Site Services (each as defined below). By purchasing Wider Coin (whether through the Site or otherwise), transferring Wider Coin, obtaining a Wider Coin Wallet or accessing or using any of the Site Services (each as defined below), you acknowledge that you have read, understand, and completely agree to be bound by these Terms and agree that any purchaser or other transferee of the Wider Coin shall be subject to these Terms. If you do not agree to these Terms, as amended or modified by any subsequent amendment, change or update: (a) do not purchase Wider Coin (whether though the Site or otherwise), (b) sell or transfer any Wider Coin you already hold, and (c) do not access or use a Wider Coin Wallet or any of the Site Services.


These Terms apply to users of widercoin.com the  (all web pages at such address are sometimes referred to as the “Site”). You should read these Terms carefully to determine which provisions apply to you. These Terms will continue to apply to you in respect of all services on the Site. By purchasing a Wider Coin through the Site, transferring Wider Coin into a Wider Coin Wallet, looking up the Wider Reserves (defined below) that are associated with a particular Digital Token Address or seeking to redeem any of the Wider Coin through the Site (collectively or individually, the “Site Services”), the user (referred to herein as “you” or “your”) agrees to these Terms and that any purchaser or other transferee of the Wider Coin of the user shall be subject to these Terms. By purchasing a Wider Coin in any way other than through the Site, the purchaser (also referred to herein as “you” or “your”) also agrees to these Terms and that any purchaser or other transferee of the Wider Coin of the user shall be subject to these Terms.


1. Right to Use the Site: If you (a) have a Wider Coin Wallet, (b) are not a Prohibited Person, (c) do not operate your Wider Coin Wallet for the benefit of a Prohibited Person, and (d) comply with these Terms, Wider Coin grants you the limited right to use the Site Services. The right to use the Site Services is a personal, restricted, non-exclusive, non-transferable, non-sublicensable, revocable, limited license, and it is subject to the limitations and obligations in these Terms. Nothing in these Terms gives you any license (other than as set out in this paragraph), right, title, or ownership of, in, or to the Site, any of the Site Services, the Copyrights or the Marks. Wider Coin may suspend or terminate the provision of Site Services to you /or freeze or terminate your Wider Coin Wallet, as required by applicable Laws or where Wider Coin determines that you have violated, breached, or acted inconsistent with any of these Terms.

2. Wider Coin:

2.1. Wider Coin issues, sells, and redeems Wider Coin in reliance on custodial services provided by one or more Custodians and services provided by other representatives of Wider Coin. Wider Coin may be used, kept, or exchanged online wherever parties are willing to accept Wider Coin, or redeemed for associated specific interests in Wider Reserves, all subject to the limitations in these Terms. Wider Coin makes no representations or warranties that it will continue to sell new Wider Coin on comparable terms or on any terms in the future. Wider Coin may be issued by Wider Coin on multiple blockchains in its sole discretion, and Wider Coin trading on one blockchain may not be readily exchangeable for Wider Coin trading on a different blockchain.

2.2. Holders of Wider Coin will be able to view information regarding undivided specific interests in Wider Reserves at the Site, subject to the Site’s availability and the provision of required information.

2.3. While Wider Coin has contracted with the Custodian, Wider Coin is vaulting the Wider Reserves with the Custodian as representative of the Wider Coin holders. The Custodian holds the Wider Reserves on behalf of the Wider Coin holders, and each is an intended third-party beneficiary of that contract, and is entitled to bring claims against the Custodian, subject to the limitations on claims and liability set forth in the agreement with the Custodian. Contractual claims will not be asserted against the Custodian by Wider Coin on behalf of the Wider Coin holders. Accordingly, Wider Coin holders would be required to expend their own resources in order to pursue claims against the Custodian or any other person or entity. The Custodian maintains insurance with regard to its business in such amount and on such terms and conditions as it considers appropriate, which is not expected to cover the full amount of Wider Reserves. Wider Coin is not a beneficiary of any such insurance and does not have the ability to dictate the existence, nature or amount of coverage maintained by the Custodian.

3. Purchase and Redemption of Wider Coin:

3.1. Verified customers of Wider Coin may purchase Wider Coin from Wider Coin subject to conditions (e.g., minimum purchase amounts) and fees in accordance with the Wider Coin Fee Schedule in effect at the time of purchase.

3.2. Wider Coin will make commercially reasonable efforts to process a verified customer request to redeem Wider Coin promptly. However, it may take several business days for any redemption to be completed. Wider Coin reserves the right to delay the redemption or purchase of Wider Coin if the delay is necessitated by the illiquidity or unavailability or loss of any Wider Reserves backing the Wider Coin or as otherwise required by Laws or demanded or lawfully requested by any Government.

4. Transactions in Wider Coin: In the course of processing transactions in Wider Coin at the Site, Wider Coin may be required to share your user information with other contractual third parties, including financial institutions, or as required under applicable Laws or demanded upon a lawful request by any Government. You hereby irrevocably grant full permission and authority for Wider Coin to share this information with such contractual third parties, or as required under applicable Laws or demanded upon a lawful request by any Government, and release Wider Coin from any liability, error, mistake, or negligence related thereto. You accept all consequences of sending Wider Coin, off of the Site. Wider Coin transactions are not reversible. Once you send Wider Coin to an address, whether intentionally or by a fraudulent or accidental transaction, you accept the risk that you may lose access to, and any claim on, those Wider Coin indefinitely or permanently. You acknowledge that Wider Coin may delay or suspend redemption under various circumstances, including but not limited to, in the event that Wider Coin determines that you have engaged in a Prohibited Use; when Wider Coin is directed to do so by any Government; if your Wider Coin Wallet or other account or wallet is subject to pending litigation, investigation, or Government proceedings; or when Wider Coin believes that someone is attempting to gain unauthorized access to your Wider Coin Wallet or other account or wallet. Wider Coin are not legal tender and are not backed by any Government. Wider Coin are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections.

5. Resolution of Disputes:

5.1. You and Wider Coin agree that any Party hereto may bring claims against the others only on an individual basis and not as a plaintiff or class member in any purported class or representative action or proceeding. No adjudicator may consolidate or join more than one Person’s or party’s claims and may not otherwise preside over any form of a consolidated, representative, or class proceeding. Any relief awarded to any one Wider Coin user cannot and may not affect any other Wider Coin users.

5.2. JURY TRIAL WAIVER: TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE PARTIES HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING OF ANY KIND WHATSOVER ARISING OUT OF OR RELATING TO THESE TERMS OR ANY BREACH THEREOF, ANY USE OR ATTEMPTED USE OF THE SITE OR THE SITE SERVICES BY YOU, AND/OR ANY OTHER MATTER INVOLVING THE PARTIES.

6. Prohibited Uses: You may not:

6.1. use the Site or any Site Services in order to disguise the origin or nature of illicit proceeds of, or to further, any breach of applicable Laws, or to transact or deal in any contraband Digital Tokens, Fiat, funds, property, or proceeds;

6.2. use the Site or any Site Services if any applicable Laws, including, but not limited to, AML Laws, CTF Laws, Anti-Corruption Laws, and Economic Sanctions Laws, prohibit, penalize, sanction, or expose Wider Coin to liability for any Site Services furnished or offered to you or your Wider Coin Wallet under these Terms;

6.3. use the Site or any of the Site Services, or any financial services of any U.S. Financial Institution, whether or not an Associate of Wider Coin, to facilitate, approve, evade, avoid, or circumvent any applicable Laws, including, but not limited to, AML Laws, CTF Laws, Anti-Corruption Laws, and Economic Sanctions Laws;

6.4. use the Site or any Site Services to evade taxes under the Laws of the British Virgin Islands, the United States, or any other jurisdiction(s) applicable to you or the Site;

6.5. purchase or redeem Wider Coin, or otherwise transact on the Site, or use any Site Services, with anything other than Fiat, funds, keys, property, or Digital Tokens that have been legally obtained by you and that belong to you;

6.6. use the Site or any Site Services to interfere with or subvert the rights or obligations of Wider Coin or the rights or obligations of any other Site user or any other Person;

6.7 trade using misleading or inaccurate information presented to the Site or to Wider Coin or take advantage of any technical glitch, malfunction, failure, delay, default, or security breach;

6.8. use the Site or any Site Services to engage in conduct that is detrimental to Wider Coin or to any other Site user or any other Person;

6.9. take advantage of any technical glitch, malfunction, delay, default or security breach on the Site;

6.10 falsify any account, Site registration, exchange, or administration details provided to Wider Coin or any of its Associates, impersonate another Person or misrepresent your affiliation with a Person;

6.11. falsify or materially omit any information or provide misleading or inaccurate information requested by Wider Coin or any of its Associates, including, but not limited to, at Site registration or during the course of administering any Site Services to you;

6.12. cause injury to, or attempt to harm, Wider Coin, any of its Associates or any Person through your access to the Site or any Site Services;

6.13. promote discrimination based on race, religion, nationality, disability, sexual orientation, gender or gender identity, or age;

6.14. have more than one account and more than one Wider Coin Wallet on the Site, or use any Wider Coin Wallet on a one-time, ‘throwaway’ basis; a one-time, ‘throwaway’ basis; any such additional Wider Coin Wallet or one time ‘throwaway’ Wider Coin Wallet may be terminated or suspended at the absolute discretion of Wider Coin;

6.15. where you are subject to prohibitions or restrictions as set forth in paragraph 2, access the Site or use any Site Services utilizing any virtual private network, proxy service, or any other third-party service, network, or product with the effect of disguising your IP address or location, or access the Site or use any Site Services from, or being subject to, the jurisdiction of any Prohibited Jurisdiction or Government or Government Official thereof;

6.16. utilize a Wider Coin Wallet, any Site Services or the Site for the financial or other benefit of a Prohibited Person; or

6.17. violate, promote, or cause a violation of, or conspire or attempt to violate these Terms or applicable Laws.

Any use as described in this paragraph shall constitute a “Prohibited Use”. If Wider Coin determines or suspects that you have engaged in any Prohibited Use, Wider Coin may address such Prohibited Use through an appropriate sanction, in its sole and absolute discretion. Such sanction may include, but is not limited to , making a report to any Government, law enforcement, or other authorities, without providing any notice to you about any such report; confiscation of any Fiat, funds, property, proceeds, or Digital Tokens in any Wider Coin Wallet that you have on the Site; and, suspending or terminating your access to any Site Services or Fiat, funds, property, or Digital Tokens from any Wider Coin Wallet. Wider Coin may, at its sole and absolute discretion, seize and deliver your property to any applicable Government, law enforcement, or other authorities where circumstances warrant. In addition, should your actions or inaction result in Loss being suffered by Wider Coin or any of its Associates, you shall pay an amount to Wider Coin or the Associate so as to render Wider Coin or the Associate whole, including, but not limited to, the amount of taxes or penalties that might be imposed on Wider Coin or the Associate.

7. Due Diligence Generally, Anti-Money Laundering and Counter-Terrorist Financing: Wider Coin is committed to providing safe, compliant, and reputable Site Services and to identify, detect, prevent, and report on money laundering, terrorist financing, and other improper activities under applicable AML Laws, CTF Laws, Anti-Corruption Laws, and Economic Sanctions Laws.

8. Intellectual Property:

8.1. The trademarks, service marks, and trade names, including, but not limited to, both word marks and design marks (the “Mark(s)”) are used by Wider Coin under license. You agree not to appropriate, copy, display, or use the Marks or other content without express, prior, written permission from Wider Coin or the owner of the Marks, including, but not limited to, as a domain name, as social media profile/handle, on a website, in an advertisement, as or in connection with a phone number, as or in connection with an email address, in Internet search results, in metadata or code, or in any other manner;

8.2. Unless otherwise indicated, all materials on the Site are used by Wider Coin under license (“Copyrights”). You agree not to appropriate, copy, display, or use the Copyrights or other content without express, prior, written permission from Wider Coin or the third-party owner;

8.3. You may link to the Site’s homepage or other pages, provided you do so in a way that is fair and legal and does not damage Wider Coin’s reputation or take advantage of it, but you must not establish a link in such a way as to suggest any form of association, approval, or endorsement on Wider Coin’s part without prior, express, written consent;

8.4. The Site may provide certain social media features that enable you to link, send communications, or display certain content from the Site. You may use these features solely as they are provided by Wider Coin. You may not establish a link from any website that is not owned by you, cause the Site or portions of it to be displayed on or by any other site (for example, framing, deep linking, or in-line linking), or otherwise take any action with respect to the materials on the Site that is inconsistent with any other provision of these Terms; and

8.5. The Site and Site Services are protected by copyright, trademark, and other intellectual property or proprietary rights laws in various jurisdictions. All rights not expressly granted to you in these Terms are reserved. Except as expressly authorized by Wider Coin, you will not (a) license, sublicense, rent, sell, resell, transfer, assign, distribute, or otherwise commercially exploit or make available to any Person all or any part of the Site or Site Services in any way; (b) copy, modify, republish, distribute, or make derivative works based upon all or any part of Site or Site Services; (c) “frame” or “mirror” all or any part of the Site or Site Services on any other server or wireless or Internet-based device; or (d) reverse engineer or access all or any part of Site or its Site Services in order to (i) build a competitive product or service, (ii) build a product or service using similar ideas, features, functions, or graphics of all or any part of the Site or Site Services, or (iii) copy any ideas, features, functions, or graphics of all or any part of the Site or Site Services.

9. Your Representations and Warranties: You represent and warrant to Wider Coin on the date of your acceptance or deemed acceptance of these Terms and each day on which you utilize or access the Site Services, in each case with reference to the facts and circumstances existing at such date, as follows:

9.1. that, if you are an individual user, you are 18 years of age or older and that you have the capacity to contract under applicable Laws;

9.2. that, if you are using the Site on behalf of a legal entity, (i) such legal entity is duly organized and validly existing under the applicable laws of the jurisdiction of its organization; and (ii) you are duly authorized by such legal entity to act on its behalf;

9.3. that you understand the risks associated with using the Site, that you are not otherwise prohibited by applicable Laws from using the Site and that you have had the opportunity to seek legal, accounting, taxation and other professional advice regarding these Terms and the Site Services;

9.4. that you will not use the Site or any Site Services in order to conceal or disguise the origin or nature of proceeds of crime or terrorist financing, or to further, any breach of applicable AML Laws or CTF Laws, or to deal in any unlawful Digital Tokens, Fiat, property, funds, or proceeds;

9.5. that you will not trade or otherwise transact on the Site or use any Site Services with anything other than Fiat, funds, or Digital Tokens that have been legally obtained by you and that belong to you;

9.6. that you will not falsify any Site or Site Services registration or administration details provided to Wider Coin;

9.7. that you will not falsify or materially omit any information or provide misleading or inaccurate information requested by Wider Coin in the course of, directly or indirectly relating to, or arising from your activities on the Site or use of any Site Services, including, but not limited to, at registration or during administration or other due diligence processes, and that if any information provided to Wider Coin becomes incorrect or outdated, including, but not limited to, information relating to your ownership, you will promptly provide corrected information to Wider Coin;

9.8. that you shall employ reasonable anti-virus, anti-malware and other software and techniques to protect you and your Wider Coin Wallet from being the victim of a hack or of other malicious actions, so as to protect the integrity of your Wider Coin Wallet and to keep such Wider Coin Wallet and the access to the Site from your account out of the reach of other Persons;

9.9. that you acknowledge and agree that Fiat, Digital Tokens or other property reflected in your Wider Coin Wallet are not segregated assets held in your name or for your benefit but reflected only in the books and records of Wider Coin;

9.10. that you acknowledge and agree that any instructions received or undertaken through your login credentials or from your authorized e-mail address on file with Wider Coin are deemed to be valid, binding, and conclusive, and that Wider Coin may act upon those instructions without any liability or responsibility attaching to it;

9.11. that you will fairly and promptly report all income associated with your activity on the Site pursuant to applicable Laws and pay any and all taxes thereon; and

9.12. that you will accurately and promptly inform Wider Coin if you know or have reason to know whether any of the foregoing representations or warranties no longer is correct or becomes incorrect.

10. No Waiver; Available Remedies: Any failure by Wider Coin to exercise any of its rights, powers, or remedies under these Terms, or any delay by Wider Coin in doing so, does not constitute a waiver of any such right, power, or remedy. The single or partial exercise of any right, power, or remedy by Wider Coin does not prevent either from exercising any other rights, powers, or remedies. The remedies of Wider Coin are cumulative with and not exclusive of any other remedy conferred by the provisions of these Terms, or by law or equity. You agree that the remedies to which Wider Coin is entitled include, but are not limited to, (i) injunctions to prevent breaches of these Terms and to enforce specifically the terms and provisions hereof, and you waive the requirement of any posting of a bond in connection with such remedies, (ii) the right to recover the amount of any Losses by set off against any amounts that Wider Coin would otherwise be obligated to pay to you, and (iii) the right to seize and recover against any of your Wider Coin, other Digital Tokens, Fiat or other funds, or your interests therein, that are held by Wider Coin or any of its Associates.

11. Force Majeure: Wider Coin is not responsible for damages caused by delay or failure to perform undertakings under these Terms when the delay or failure is due to fires; strikes; floods; power outages or failures; acts of God or the state’s enemies; acts of any Government or Government Official; any and all market movements, shifts, or volatility; computer, server, or Internet malfunctions; security breaches or cyberattacks; criminal acts; delays or defaults caused by common carriers; acts or omissions of other Persons; or, any other delays, defaults, failures or interruptions that cannot reasonably be foreseen or provided against. In the event of force majeure, Wider Coin is excused from any and all performance obligations under these Terms.

12. Severability: If any provision of these Terms or part thereof, as amended from time to time, is determined to be invalid, void, or unenforceable, in whole or in part, by any court of competent jurisdiction, such invalidity, voidness, or unenforceability attaches only to such provision to the extent of its illegality, unenforceability, invalidity, or voidness, as may be, and everything else in these Terms continues in full force and effect.

13. Sharing of Personal Information: From time to time, Wider Coin receives information requests from law enforcement agencies around the world. In this context, Wider Coin might be ordered to share and/or will provide on a voluntary basis, if this appears reasonable and necessary, your Personal Information with/to law enforcement agencies and/or a Government. You hereby consent to the sharing of your Personal Information as further detailed in these Terms, the Privacy Policy and the Law Enforcement Requests Policy.

14. Electronic Communications and Acceptance: You agree and consent to receive electronically all communications, agreements, documents, receipts, notices and disclosures that Wider Coin may provide in connection with these Terms through publication on any part of the Site or to your authorized e-mail address on file with Wider Coin. Such notices shall be deemed effective and received by you on the date on which the notice is published on any part of the Site or on which the e-mail is sent to such authorized e-mail address. These Terms may be accepted electronically, and it is the intention of the Parties that such acceptance shall be deemed to be as valid as an original signature being applied to these Terms.