MLXG

Terms of Use

Acceptance

Please carefully read the following terms of service ("Terms") before using the Marvellex Gold website (the "Service") provided by Marvellex Gold ("us," "we," or "our"). The responsibilities that we have to you and responsibilities you have to us are explained in these Terms. You are automatically deemed to have read, understood, and agreed to these Terms and our Privacy Policy by means of your access to and use of the Service (also referred to as "you," "your," and "customer"). Please avoid accessing and using this Service and any related material if you do not agree to abide by these Terms.

Eligibility

By visiting or using the Service, you assert and confirm to Marvellex Gold, and you concur that:

  • You meet the legal age requirement (18 years old or older) and possess legal competence.
  • If you are representing a company, (i) the company is appropriately organized and lawfully existing under the relevant laws of its jurisdiction; (ii) the execution and delivery of these Terms have been duly authorized by the company; and (iii) each individual executing and delivering these Terms and other transactions on behalf of the company has been duly authorized to do so by the company.
  • The utilization of the Service is in accordance with the laws of your country of residence. You declare and confirm that your use of the Service does not breach any applicable laws or regulations in your jurisdiction.

General

A digital asset created by Marvellex Gold is known as the "MLXG Token" or "Marvellex Gold Token." The MLXG Token is entirely supported by 99.9% pure actual gold and adheres to the ERC20 token standard. The value of a single MLXG Token is one gram of actual gold. The actual gold is safely stored in a Marvellex Gold vault, which is run either by Marvellex Gold directly or by a different party that Marvellex Gold has designated.

You can access information about MLXG Token, buy MLXG Token from us using decentralized cryptocurrencies, and sell MLXG Token to us in exchange for decentralized cryptocurrencies on the Marvellex Gold website, especially at marvellex.com/mlxc_gold. At the prices listed on https://marvellex.com/mlxc_gold/market, customers can choose to buy or sell MLXG Token for Marvellex Gold. Please be aware that these prices can change depending on the market. The Marvellex Gold website may encounter a delay of up to 72 hours for transactions involving the purchase or sale of X or more Tokens.

Tokens can also be bought or sold on third-party exchanges. Please note that these exchanges are beyond the control of Marvellex Gold, and as a result, the terms and rates (which may deviate from those mentioned on Marvellex.com/mlxc_gold/market) established by these exchanges will be applicable.

It's important to emphasize that all physical gold stored in our vault is consistently fully insured. At all times, 100% of the gold is covered by insurance. It's worth noting that no interest is accrued on the gold held in the vault.

Furthermore, it's imperative to understand that the total quantity of Tokens in circulation always corresponds to the complete amount of gold held in our vault.

Ownership

By purchasing Tokens, you are actually purchasing a specific amount of real gold that will be kept safe and secure in the Marvellex Gold vault. As a result, you become the owner of the gold you bought.

On the other hand, when you choose to sell Tokens to us, you are giving Marvellex Gold ownership of the gold you sold to us in exchange for a certain amount of physical gold.

Risk Disclaimer

Cryptocurrencies, tokens, and digital assets exhibit a notably high degree of volatility and come with significant risks. The pricing dynamics of cryptocurrencies, tokens, and digital assets are subject to various factors, including but not limited to shifts in supply-demand dynamics, market sentiment, and news releases, all of which can lead to substantial price fluctuations.

By making use of the Services, you assert and affirm that:

  • You possess knowledge and experience pertaining to cryptocurrencies, tokens, and digital assets.
  • You possess a comprehensive understanding of the risks associated with cryptocurrencies, tokens, and digital assets.

Furthermore, you acknowledge and agree that you bear full responsibility for any and all losses that may arise from your utilization of cryptocurrencies, tokens (including the Marvellex Gold token), and digital assets.

No Advice

Regarding the wisdom, appropriateness, or suitability of buying Tokens, Marvellex Gold does not provide the Customer with any investment advice or comments. Nothing on the Marvellex.com/mlxc_gold website should be taken as personal financial advice for you. You alone are responsible for deciding the suitability of your Token buy, sell, or transaction, taking into account your own goals, financial condition, and risk tolerance.

It is your responsibility to independently verify the correctness, dependability, and completeness of the offered information and to consult a competent advisor about your unique situation, which includes your financial condition, objectives, and ambitions.

Use Restrictions

Your authorization to use the Site is subject to the following usage, posting, and conduct limitations:

You acknowledge that you will not, under any circumstances:

  • Utilize the Service if the laws of your country of residence prohibit such usage.
  • Employ the Service for any illicit purpose or to endorse illegal activities.
  • Employ the Service in a manner that is detrimental to us, our clients, or our employees.
  • Engage in actions that, in our judgment, disparage, tarnish, or otherwise harm us and/or the Service.
  • Exploit the Service to conceal the proceeds of unlawful activities or engage in the illegal laundering of cryptocurrency, tokens, or digital assets.
  • Distribute any portion or portions of the Service without our explicit written consent (we do grant public search engine operators permission to use web crawlers for the sole purpose of creating publicly-accessible search indices, but we retain the right to revoke this permission at any time, either broadly or specifically).
  • Engage in any form of automated utilization of the Service or associated systems, or take any actions that we consider as imposing or potentially imposing an unreasonable or disproportionately significant load on our servers or network infrastructure.
  • Bypass any robot exclusion headers or other measures we have implemented to restrict access to the Service, or employ any software, technology, or device to scrape, spider, or crawl the Service, or collect or manipulate data.
  • Circumvent, disable, or otherwise interfere with any security-related aspects of the Service or features that prevent or restrict the use or copying of content, or enforce limitations on the utilization of the Service or the content accessible via the Service.
  • IRREVERSIBLE TRANSACTIONS

    Please exercise the utmost caution and thoroughly verify all information you enter when engaging in the purchase or sale of Tokens on the marvellex.com, any cryptocurrency exchange, or when transferring Tokens to another account. It is important to note that cryptocurrency, token, or digital asset transactions are inherently irreversible. Once a transaction has been executed, it cannot be undone. You hereby agree not to attribute any responsibility to us for any financial losses that may arise due to such errors.

© 2023 Marvellex Group. All Rights Reserved.