Complete legal framework governing your use of Binfrex platform services.
Binforex Solution Lab (operating the platform under the trademark "Binfrex"), hereinafter referred to as the "Company", registered at: 10 Marina Blvd, Marina Bay Financial Centre, Singapore 018983, on the one hand, and an individual or legal entity, hereinafter referred to as the "Client", who completed the registration procedure on the Company's website and in the trading platform, as well as accepted all conditions of this Service Agreement (hereinafter "Agreement") and its integrated annexes at the time of registration, collectively referred to as the "Parties", have entered into this Agreement as follows:
Binfrex is an unregulated platform. We do not hold any financial licenses from any regulatory authority worldwide. This platform operates without regulatory oversight. You are NOT protected by any investor compensation scheme or regulatory authority. Only trade if you fully understand the risks involved.
2.1. Asset (Underlying Financial Instrument) — A financial contract that serves as the basis of Digital Trading. Assets encompass cryptocurrencies (BTC, ETH, USDT, TON, SOL, TRX), fiat currency pairs (Forex majors, minors, crosses), commodities (Gold, Silver, WTI Crude Oil), equity indices, and synthesized 24/7 OTC market assets.
2.2. Asset Rate & Price Feed — The real-time valuation of an asset determined continuously by the Company utilizing aggregated market data feeds from international liquidity providers, tier-one cryptocurrency spot exchanges, and interbank quote streams, displayed on the Trading Terminal charts.
2.3. Digital & Quick Trading (Binary Option) — Fixed-time derivative contracts enabling the Client to forecast whether the price of an underlying asset will be higher or lower than the strike price at the exact expiration second (5s to 24 hours).
2.4. Local-to-Local P2P Escrow Marketplace — A decentralized domestic peer-to-peer exchange service operating on a strict local-to-local base. Verified Clients across all supported countries and regions can buy and sell cryptocurrencies directly with domestic counterparties using their local fiat currencies and native payment rails with 0% platform conversion fees, protected by automated smart-vault escrow.
2.5. Escrow Smart-Vault Protection — The cryptographic security mechanism that automatically locks the Seller's crypto assets immediately upon P2P order creation until fiat payment receipt is confirmed by the Seller or verified via arbitration.
2.6. Demo Practice Account — A simulated sandbox trading account pre-loaded with $10,000 (ten thousand) virtual demonstration credits provided without monetary charge to allow Clients to evaluate terminal tools, indicators, and execution mechanics. Virtual demo funds have zero monetary cash value and cannot be withdrawn or converted.
2.7. Real Live Account — The Client's real-money balance account opened upon registration and funded via supported digital payment gateways, cryptocurrency blockchains (USDT-TRC20/BEP20/ERC20, BTC, LTC, BNB, TON), or P2P trades.
2.8. Company Server & Millisecond Audit Logs — The high-throughput cloud infrastructure operated by the Company that verifies trade entries, calculates expiration settlement prices, and records every Client order, tick feed, IP address, and financial instruction in an immutable server journal.
2.9. Journal Entry Evidence — In any dispute, disagreement, or technical audit, the Company's server database logs shall constitute the definitive and prevailing evidence of trade execution times and pricing.
2.10. Turbo & Classic Expirations — Trading contracts classified by duration: Turbo Trades (5s, 15s, 30s, 1m, 5m) for high-frequency market momentum, and Classic Trades (15m, 30m, 1h, 4h, End-of-Day) for intraday analysis.
2.11. Payout Ratio (Return Rate) — The contractually predetermined return percentage (up to 95%+) credited to the Client's Real Account if the Digital Trade expires in accordance with the directional forecast.
2.12. OTC (Over-The-Counter) Market — Synthetic and aggregated quote streams generated during standard weekend market closures to enable uninterrupted 24/7 digital options trading.
2.13. Trading Tournaments & Contests — Time-limited competitive trading tournaments where participants trade on designated tournament accounts to compete for guaranteed prize pools based on leaderboard performance.
2.14. VIP Loyalty Tier Program — The multi-tier loyalty hierarchy (Starter, Bronze, Silver, Gold, VIP, Diamond) granting active traders elevated payout percentages (+1% to +5%), risk-free cashback vouchers, and priority 1-hour withdrawal processing.
2.15. Social & Copy Trading Terminal — An automated portfolio feature enabling Clients to mirror the real-time trades of verified Master Traders with customizable stop-loss limits and allocation ratios.
2.16. Non-Trading Operations — Any account operation not executing a live market trade, including cryptocurrency deposits, internal balance transfers, KYC document submissions, and withdrawal disbursements.
3.1. This Agreement constitutes an invitation to treat and an electronic contract between the Company and the Client. The submission of the registration form and account activation signifies full and unconditional acceptance of all terms herein.
3.2. The Company reserves the unilateral right, at its sole discretion and without obligation to state reasons, to refuse registration or terminate access to the trading terminal for any applicant.
REGULATORY STATUS:
Binfrex is an UNREGULATED trading platform. We do not hold any banking, trading, investment, or payment licenses from any financial regulatory authority. The platform is not registered with or supervised by any regulatory body including but not limited to SEC, FCA, CySEC, ASIC, or any other financial authority worldwide.
3.3. Integral Annexes: The following policies are incorporated by reference and form an indivisible part of this Agreement: (i) Risk Disclosure Statement (Part II); (ii) Anti-Money Laundering & KYC Regulations (Part III); (iii) P2P Escrow & Trading Rules (Section 14); (iv) Tournament & Bonus Regulations (Section 15); and (v) Privacy, Cookies, and Affiliate Policies.
4.1. The Company grants the Client a limited, revocable, non-exclusive, non-transferable license to access the Trading Platform for executing Digital Trades, participating in P2P escrow exchanges, accessing tournaments, and managing cryptocurrency balances.
4.2. Dual Execution Model: In Digital Options trading, the Company acts as the direct counterparty to trades. In P2P transactions, the Company acts strictly as an independent escrow facilitator and technology provider.
5.1. Age & Capacity: The Client represents and warrants that they are at least 18 years old (or legal age of majority in their jurisdiction) and possess full legal capacity to enter binding financial contracts.
5.2. Restricted Jurisdictions: Access to Binfrex is strictly prohibited for citizens, residents, or tax residents of the United States of America, Canada, United Kingdom, European Union / EEA member states, Singapore, Australia, Japan, Iran, North Korea, Syria, Cuba, Myanmar, Russian Federation, and FATF blacklisted nations. Attempting to bypass geographic restrictions via VPNs or proxies is a material violation resulting in account closure.
6.1. Minimum Deposit & Supported Channels: The minimum deposit amount is $10.00 USD (or equivalent). Supported gateways include cryptocurrency blockchains (USDT on TRC20, BEP20, and ERC20; Bitcoin, Litecoin, BNB Chain, TON, Solana, TRON) and verified local fiat gateways. The Company charges 0% deposit fees.
6.2. 1x Trade Turnover Rollover: To combat payment gateway laundering and financial fraud, all deposited funds must be actively turned over in live trades at least 1.0x (100% of deposited sum) before a fee-free withdrawal can be processed. Withdrawals requested without meeting turnover requirements are subject to a 10% administrative processing fee.
6.3. Withdrawal Minimums & SLAs: The minimum withdrawal threshold is $10.00 to $50.00 USD depending on the chosen blockchain. Standard withdrawals are processed within 24 business hours. VIP and Diamond accounts enjoy priority execution within 1 hour.
6.4. Strict Anti-Third Party Rule: Deposits and withdrawals must be processed using payment instruments strictly owned and registered in the Client's verified KYC name. Using accounts belonging to spouses, relatives, or third parties will trigger an immediate compliance freeze.
7.1. Trade Execution: A Digital Trade is executed when the Client selects an asset, trade amount, duration (5s to 24h), and directional forecast (Higher/Lower). The opening strike price is locked at the exact millisecond of server order confirmation.
7.2. Settlement & Payout: If at the expiration millisecond the closing price matches the Client's forecast, the Client receives the full investment plus the published payout ratio (e.g. up to 95%). If the forecast is incorrect, the investment sum is deducted. If the closing price equals the opening price exactly (Tie), 100% of the trade amount is refunded.
7.3. Prohibited Latency Arbitrage & Price Glitches: Utilizing software scripts, high-frequency latency arbitrage tools, or exploiting delayed quote feeds is strictly forbidden. Any profits earned via price latency will be voided.
8.1. Client Self-Reliance: The Client confirms that all trading decisions are executed autonomously. The Company does not provide fiduciary advisory, portfolio management, or guaranteed profit services.
8.2. Limitation of Company Liability: The Company shall only be liable for direct, actual damages proven to have arisen solely from willful fraud or deliberate non-performance by the Company. Under no circumstances shall the Company be liable for lost profits, indirect, consequential, or moral damages.
8.3. Technical Malfunctions & Internet Latency: The Company cannot guarantee 100% uninterrupted platform availability. The Client acknowledges that internet latency, server maintenance, telecom failures, or quote feed disconnections do not create financial liability for the Company.
8.4. Client Liability & Financial Offsetting
The Client shall be fully liable for all damages, losses, and legal costs incurred by the Company resulting from:
The Company is entitled to unilaterally debit the amount of any incurred losses directly from the Client's account balance without prior notice.
8.5. Invalidation of Illegitimate Trades: The Company reserves the right to cancel, recalculate, or reverse any Digital Trade or P2P transaction executed under non-market quote conditions, server feed errors, or fraudulent manipulation.
8.6. Inactivity & 3-Month Automated Account Deletion: If an account experiences 3 consecutive months (90 calendar days) of total inactivity (defined as zero logins, zero trading operations, and zero financial transactions), the account is automatically decommissioned. Upon reaching this 90-day threshold, the account and all associated saved user profile data, session credentials, and preferences will be permanently auto-deleted and purged from active platform servers in accordance with data minimization and privacy standards.
8.7. Withdrawal Frequency Surcharge: Standard withdrawals are subject to zero platform fees. However, starting from the third (3rd) approved withdrawal within the same calendar day (UTC), a processing surcharge of 3% of the transaction amount shall apply to cover high blockchain gas and gateway routing overheads.
9.1. Global Operation: This Agreement is executed in digital cyberspace across international networks. Any disputes concerning validity, interpretation, or execution shall be construed in accordance with international commercial legal principles and the operational laws of the Company's incorporation jurisdiction (Singapore).
10.1. Mandatory Pre-Trial Negotiation: Any claim or dispute must first be submitted through formal negotiation by sending a written statement to support@binfrex.com within 5 (five) calendar days from the disputed event.
10.2. Claim Requisites: Claims must include verified Account ID, detailed chronology, specific order timestamps, transaction IDs, and screenshot logs. In considering any claim, the Company's server database records shall prevail over all local client terminal evidence.
10.3. Resolution SLA: The Company shall review and respond to valid claims within 14 (fourteen) business days.
11.1. Indefinite Duration: This Agreement enters into force upon account registration and continues indefinitely until terminated by either Party.
11.2. Client Termination: The Client may terminate this Agreement at any time provided they have zero open trading positions, no pending P2P disputes, and submit a written account closure request.
11.3. Immediate Company Termination: The Company may immediately freeze or terminate the Client's account in case of material breach, money laundering suspicion, market abuse, or legal requirement.
11.4. Automatic Inactivity Termination: Continuous non-usage or failure to log in for 3 consecutive months (90 calendar days) triggers automatic account termination, closure of terminal access, and permanent deletion of saved personal account data pursuant to Clause 8.6 and the Privacy Policy.
12.1. Definition: Force Majeure events include natural disasters, armed conflicts, widespread electrical or internet blackouts, blockchain protocol forks or 51% attacks, severe liquidity feed suspensions, and sudden governmental restrictions.
12.2. Emergency Powers: During a force majeure state, the Company is entitled to halt trading, modify expiration rules, adjust quote rates, or close trades at the last verifiable market price without liability.
13.1. Unilateral Amendments: The Company may amend this Agreement at any time by publishing updated versions on the website. Continued use of the platform after revision constitutes full acceptance.
13.2. Prevailing Language: This Agreement is executed in English. Any translated versions provided in other languages are for convenience only; in the event of ambiguity or conflict, the English text shall prevail unconditionally.
14.1. Local-to-Local Base & Global Multi-Country Availability
The Binfrex P2P marketplace operates strictly on a Local-to-Local (Domestic) base. Verified users across all supported countries and regions can seamlessly access P2P trading to buy and sell cryptocurrencies directly with counterparties in their own country using local fiat currencies and native domestic payment methods (e.g. local bank transfer, UPI, IMPS, Pix, Bkash, Nagad, Easypaisa, GoPay, etc.). Local-to-local transactions incur zero foreign exchange conversion spread or cross-border banking surcharges.
14.2. Escrow Smart-Vault Lock & 15-Minute Window: Upon order creation, the Seller's crypto is locked in the Escrow smart-vault. The Buyer has exactly 15 minutes to complete the local fiat transfer and mark "Transferred, Notify Seller". Marking paid without actual bank debit results in immediate account ban.
14.3. Strict Name Matching (Zero 3rd-Party Tolerance): The local banking or e-wallet account name used to send/receive fiat in P2P MUST match the verified KYC name on the Client's Binfrex account exactly.
14.4. Sensitive Keywords Ban in Remarks: Buyers must NEVER write words like "Crypto", "Bitcoin", "USDT", or "Binfrex" in bank transfer payment reference notes.
14.5. Dispute Arbitration SLA: In case of an Appeal, both counterparties must submit unedited video bank statements within 6 hours. Binfrex arbitration rulings are final and binding on escrow release.
15.1. Tournaments & Contests: Tournament entries and re-buys are non-refundable once the contest commences. Prize rewards are credited into the winner's Real Balance within 24 hours of contest conclusion according to the published leaderboard table.
15.2. VIP Loyalty Program: Progression through VIP tiers (Starter, Bronze, Silver, Gold, VIP, Diamond) is based on cumulative trading turnover and unlocks up to +5% higher payout rates and cashback vouchers.
15.3. Affiliate & Referral Network: Partners operate under the official Affiliate Terms of Service (/affiliate/terms). Self-referrals and branded PPC bidding are strictly prohibited and result in commission forfeiture.
15.4. Algorithmic Signals & Copy Trading: In-platform AI analysis, market indicators, and copy trading tools are technical aids only and do not constitute financial advice.
1. High-Risk Investment Warning: Digital Options trading and cryptocurrency asset transactions involve substantial financial risk. The Client may lose all invested capital on any single trade. Clients should never trade with borrowed funds or capital they cannot afford to lose completely.
Crucial Risk Notice for Digital Derivative Contracts:
Digital Options are complex speculative instruments. They do not grant direct ownership of the underlying asset. Price movements can be highly volatile, and rapid market fluctuations can result in complete capital loss in seconds.
2. Market Volatility & Liquidity: Digital assets, cryptocurrencies, and currency pairs can experience extreme price fluctuations within milliseconds due to unexpected geopolitical events, central bank announcements, or liquidity shocks.
3. OTC (Over-The-Counter) Specific Risks: Weekend and OTC trading contracts are settled based on synthetic algorithmic pricing feeds. Clients acknowledge that OTC prices may differ from interbank spot quotes once traditional exchanges resume operations.
4. P2P Counterparty & Banking Risks: In P2P transactions, the Client assumes direct risk regarding local bank account freezes, payment processor holds, or non-responsive counterparties.
5. No Guarantees: Past performance, simulated demonstration trading profits, AI indicator patterns, or leaderboard rankings are not reliable indicators of future real-money trading success.
1. AML Compliance Framework: The Company strictly enforces international Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) standards aligned with FATF recommendations. All platform accounts undergo automated sanction list screening (OFAC, UN, EU).
Tiered Account Verification Requirements:
2. Ongoing Transaction Monitoring: The Company utilizes automated behavioral AI monitoring to identify abnormal deposit spikes, rapid turnover anomalies, structuring (smurfing), or multi-account collusion.
3. Freezing & Reporting Powers: If money laundering or terrorist financing suspicion arises, the Company reserves the statutory right to immediately freeze assets, terminate account access, and file Suspicious Activity Reports (SAR) with relevant financial intelligence units without notifying the Client.
1. Intellectual Property Rights: All proprietary software, trading algorithms, chart visualizers, logos, graphical assets, databases, and source code on binfrex.com are the exclusive property of Binforex Solution Lab. Reverse engineering, decompiling, or scraping platform data without authorization is strictly prohibited.
2. Cookies & Telemetry: The platform utilizes analytical, functional, and security cookies to authenticate user sessions, prevent session hijacking, and ensure seamless multi-device terminal synchronization as detailed in the Cookies Policy.
3. Hyperlinks & Third-Party Integrations: Links to external payment processors, blockchain explorers, or third-party market analytics are provided for convenience only. The Company assumes no responsibility for external content or third-party service stability.
4. Service Availability & Maintenance: The Company conducts routine server maintenance and database optimizations. Where feasible, scheduled maintenance windows are announced in advance on official channels.
By activating an account, depositing cryptocurrency, or executing digital trades on the platform, the Client acknowledges having read, understood, and irrevocably consented to all 12 pages of this Terms of Service agreement.
support@binfrex.com
24/7 Multilingual Client Assistance
legal@binfrex.com
Regulatory Inquiries & AML Verification
Binforex Solution Lab • 10 Marina Blvd, Marina Bay Financial Centre, Singapore 018983
Binforex Solution Lab • Binfrex Core Engine v1.0
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