General

Xenwave's mission is to serve as a gateway to a decentralized, socialized, and financially-free world. Our platform integrates a series of independent modules, culminating in what we define as a Web 3.0 Super App. With it you will be able to Make, Do, and Talk.

1. 'AS IS' Basis Application

As an experimental application, Xenwave may encounter unforeseen flaws, problems, or issues from time to time, potentially impacting your user experience negatively. Our dedicated team strives to promptly address critical issues, but we cannot assure their resolution in every instance. By using Xenwave, you acknowledge and accept that the application is provided on an 'AS IS' basis. You agree to assume full responsibility for any issues, losses, or problems encountered while using Xenwave, including any financial losses.

2. Compliance Policy

2.1 Xenwave is dedicated to upholding a legally compliant and secure platform for all users, in alignment with global regulatory standards, including those set by the Financial Action Task Force (FATF) and other relevant international bodies. Due to the varying and evolving nature of international laws and sanctions, access to certain Xenwave modules and services may be restricted based on your jurisdiction.

2.2 Particularly, users from the United States are not permitted to access modules involving the trade of crypto assets, including Xenwave Convert, our Liquidity Pools, and other related services. Additionally, in accordance with international sanctions and regulations, users from countries such as North Korea, Iran, and other identified high-risk jurisdictions are prohibited from using any financial features on Xenwave, including XenwavePay™.

2.3 Our system endeavors to automatically identify and restrict access based on your country of residence to comply with these regulations. However, this technology may not always be foolproof. In the event of any discrepancies or system failures, users are expected to comply with their local laws and not engage with any restricted features and services.

2.4 Please note that the list of restricted jurisdictions may change over time, and it is the responsibility of users to stay informed about their local regulations related to the use of our services. This section of our Terms of Use will be updated periodically to reflect any changes in international sanctions and regulatory requirements.

3. Charges & Fees

3.1 Xenwave is committed to providing a free and accessible platform, where users can enjoy our core services without any cost. However, certain specialized products and services on our platform may incur fees. These fees vary; some are collected by Xenwave as payment for services, while others, such as in the case of Xenwave Convert, may be paid directly to other platform users like market makers and liquidity providers, for example, a 0.3% swap fee.

3.2 By using Xenwave, you acknowledge the existence of these fees and charges. Please be aware that in some instances, there may not be explicit warnings or notifications about these fees in the application's UI. We encourage users to familiarize themselves with the fee structure of each specific product or service they intend to use.

3.3 It is your responsibility to stay informed about any potential fees associated with your use of Xenwave. Your continued use of our application constitutes your agreement to these terms and any applicable fees.

4. Islamic Compliance

Xenwave strives to be an inclusive platform that accommodates the financial principles important to various communities, including those who follow Islamic finance guidelines.

• No Riba Policy: Xenwave does not involve lending, borrowing, or any form of interest payments, thereby complying with the Islamic prohibition against Riba (interest).

• Transparent Fees: All fees, including the 0.3% swap fee, are transaction-based and do not involve any form of interest or profit-sharing, in line with Islamic finance principles.

We recommend that users who are concerned about Islamic financial compliance consult with their local Islamic financial advisors for personalized advice, and we cannot guarantee that all projects listed and available for trade on Xenwave are also Islamic compliant. Therefore, it is recommended that you further investigate such projects before you trade their tokens.

5 Complementary Terms & Conditions

Xenwave is a multifaceted platform, composed of various modules that together offer a range of products and services. Each of these modules may be governed by its own specific set of Terms & Conditions, in addition to the general Terms & Conditions of Xenwave.

5.1 Comprehensive Agreement: By using Xenwave, you acknowledge and agree to be bound by all applicable Terms & Conditions of the platform. This includes, but is not limited to, the general Terms & Conditions of Xenwave as well as those that are specific to individual products, services, or modules you choose to use.

5.2 Module-Specific Terms: When engaging with any specific module within Xenwave, it is your responsibility to review and understand the respective Terms & Conditions applicable to that module. These terms may cover aspects such as usage policies, data handling, user responsibilities, and any fees or charges.

5.3 Updates and Changes: The Terms & Conditions for each module, as well as the general Terms & Conditions of Xenwave, may be updated or modified from time to time. Continued use of Xenwave or any of its modules following such changes constitutes your acceptance of the new Terms & Conditions.

5.4 Legal Binding: These Terms & Conditions form a legally binding agreement between you and Xenwave. It is important for you to read them carefully. If you do not agree to any of the Terms & Conditions, you should discontinue the use of Xenwave and its modules immediately.

By using Xenwave, you confirm that you have read, understood, and agreed to comply with all the Terms & Conditions set forth for each module you interact with, as well as the overarching Terms & Conditions of Xenwave.