Last updated: 1 July 2025

A.  These Spot Trading Terms of Use (hereinafter known as the “Spot Trading Terms”) constitute a contract between you and WEEX, governing your access to and use of the WEEX services as a User. Throughout these Spot Trading Terms, references to “we”, “us” and “our” means WEEX and its affiliates. By participating in Spot Trading on the WEEX Platform, you acknowledge that you have read, understood, and accepted these Spot Trading Terms, along with all other applicable terms, statements, and policies issued by WEEX, including but not limited to WEEX’s Risk Warning Statement. If you do not fully understand or accept these Spot Trading Terms, you must not participate in Spot Trading or use the WEEX Platform.

B.  These Spot Trading Terms are an integral part of the WEEX Terms of Use and shall be read together with the Terms of Use, other existing terms, statements and policies issued by WEEX, including but not limited to WEEX’s Risk Warning Statement. In the event of any conflict, discrepancy, or inconsistency, these Spot Trading Terms shall prevail and take precedence with respect to Spot Trading, to the extent of such conflict, discrepancy, or inconsistency.

C.  This version of Spot Trading Terms shall be effective and deemed to have overridden the prior version(s). You agree and authorize WEEX to amend these Spot Trading Terms whenever deemed fit, provided that such amendment has been notified to you by way of publication by WEEX on its website, Platform or through any agreed communication means. You acknowledge and agree that it is your responsibility to review these Spot Trading Terms periodically to ensure that you are aware of any changes.

1. Definitions and Interpretation

(a) “Activated” means, in respect of Trailing Stop Order, the time from which the minimum or maximum price on the Order Book is observed to determine whether a movement equal to, or greater than, the Trailing Delta has occurred, which is (i) if no Activation Price is specified, the time at which the Trailing Stop Order is Placed, or (ii) if an Activation Price is specified, the time that such Activation Price is Reached on the Order Book.

(b) “Activation Price” has the meaning given to that term in clause 7 (d).

(c) “Ask” means an Order on the Order Book to sell a certain quantity of the Base Asset for a specified price denominated in the Quote Asset.

(d) “Base Asset” means the first Tradeable Asset stated in a Trading Pair; that being the Tradeable Asset  being traded on the Order Book.

(e) “Bid” means an Order on the Order Book to buy a certain quantity of the Base Asset for a specified price denominated in the Quote Asset.

(f) “Custom Order” means any Order Type made available on the Platform from time to time that includes additional features or parameters compared to a Market Order or a Limit Order or that embeds an element of conditionality in the placing of Orders, including OCO Orders, Stop Limit Orders and Trailing Stop Orders.

(g) “End of the Taker Phase” has the meaning given to that term in clause 6 (e).

(h) “Fees” has the meaning given to that term in clause 4 (d).

(i) “Fiat Currency” means any government or central bank issued national, or supra-national, currency, or other monetary obligation denominated in such currency and which is not a Digital Asset.

(j) “FOK” has the meaning given to that term in clause 6 (d).

(k) “GTC” has the meaning given to that term in clause 6 (d).

(l) “Instruction” means any instruction, request, or order given to WEEX by you in relation to the operation of your WEEX Account or to execute any Transaction, through such medium and in such form and manner as WEEX may require.

(m) “IOC” has the meaning given to that term in clause 6 (d).

(n) “Limit Condition” has the meaning given to that term in clause 6 (c).

(o) “Limit Order” means an Order to buy or sell a specified quantity of a Tradeable Asset at a price better than or equal to the price specified in that Limit Order.

(p) “Limit Price” has the meaning given to that term in clause 6 (b).

(q) “Manifest Error” means an obvious and indisputable mistake apparent to a reasonable Digital Assets trader, including material discrepancies in price, quantity, or fees caused by an error, malfunction or misconfiguration.

(r) “Maker Order” means an Order on the Order Book available to be Matched with a Taker Order.

(s) “Market Order” means an Order to buy or sell a specified quantity of a Tradeable Asset at the best price that is currently available for the relevant Trading Pair on the Exchange, as further described in Section 4.

(t) “Matching” means the Exchange matching a Maker Order and a Taker Order for the execution of a Transaction as further described in clause 8 and “Matched” is to be interpreted accordingly.

(u) “OCO Order” means a combination of a Limit Order and a Stop Limit Order, in respect of the same quantity of the same Digital Asset, where both Orders are submitted together and the Matching or cancellation or expiry of one of the Orders will automatically trigger the cancellation of the other Order.

(v) “Order” means an offer to buy or sell a Tradeable Asset on the Exchange, including all the parameters available or required to be specified for the relevant Order Type.

(w) “Order Book” means the order book in respect of a particular Trading Pair maintained by the Exchange.

(x) “Order Type” means, in respect of an Order, the parameters determining the rules governing how this Order will interact with the Order Book, including, but not limited to, whether such Order is a Market Order or a Limit Order, the “time in force” in respect of Limit Orders, and any other relevant parameters.

(y) “Quote Asset” means the second Tradeable Asset stated in a Trading Pair; that being the Tradeable Asset in which trading is denominated on the Order Book.

(z) “Placed” means, in respect of an Order, that such Order has been received by the Exchange, complies with all relevant limits, filters and controls, as determined by the Exchange, and is accepted by the Exchange for Matching in accordance with the rules of the Exchange and the relevant Order Type, and “Place” or “Placing” is to be interpreted accordingly.

(aa) “Priority” means, in respect of two or more Maker Orders in the same direction (buy or sell) with the same price, the attribute of the Maker Order that was first added to the Order Book.

(bb) “Reached” means, in respect of a price, that the most recent Matched Orders on the relevant Order Book were Matched at that price.

(cc) “Settlement” means reflecting the Transactions resulting from the Matching of Orders in the relevant users’ WEEX Accounts by updating their balances accordingly, and “Settle” is to be interpreted accordingly.

(dd) “Size” means, in respect of a Bid or Ask, the quantity of the Base Asset to be bought or sold.

(ee) “Spot Strategy Trading Tools” has the meaning given to that term in clause 11 (a).

(ff) “Spot Trading” means buying or selling Tradeable Assets on the Exchange for immediate Settlement, as further detailed in these Spot Trading Terms.

(gg) “Stop Limit Order” means an Instruction to submit a Limit Order only when and if the specified Stop Price specified in respect of the Stop Limit Order is Reached.

(hh) “Stop Price” has the meaning given to that term in clause 7 (c).

(ii) “Supported Digital Assets” means those Digital Assets that are available in connection with your use of the WEEX Services.

(jj) “Taker Order” means an Order that will be immediately Matched with another Order upon submission to the Exchange.

(kk) “TIF” has the meaning given to that term in clause 6 (d).

(ll) “Tradeable Asset” means any Supported Digital Assets and/or any supported Fiat Currency made available in a Trading Pair.

(mm) “Trading Pair” means the combination of a Base Asset and a Quote Asset that is offered for trading on the Exchange.

(nn) “Trailing Delta” has the meaning given to that term in clause 7 (d).

(oo) “Trailing Stop Order” means a Limit Order that will be submitted only once the price of the relevant Digital Asset has moved by an amount equal to, or greater than, the Trailing Delta from the maximum or minimum price Reached after the Trailing Stop Order is Activated.

(pp) “Transaction” means selling, purchasing, or entering into other transactions, or agreeing to sell, purchase or enter into other transactions, in Digital Asset(s), their derivatives, other asset(s) or product(s) as WEEX may from time to time permit to be carried out on the Platform, and depositing or withdrawing Digital Assets into or out of your WEEX Account.

(qq) All capitalised terms used but not defined herein shall have the meaning ascribed to them in the WEEX Terms of Use.

2. Spot Trading 

(a) Spot Trading allows you to submit buy or sell Orders of Digital Assets via the WEEX Platform in respect of certain Trading Pairs.

3. Availability of the Exchange 

(a) The Exchange is accessible during the periods specified by WEEX on the Website, the Platform, or as otherwise communicated in writing by WEEX.

(b) We may temporarily suspend the Exchange or restrict access to it through the Website or Platform, and may interrupt any automated functions, for the following reasons:

• emergency maintenance (including unscheduled maintenance);

• planned or unplanned system and software updates; and

• due to any other event or occurrence that WEEX considers, in its sole discretion, to be a reason to suspend or shut down the Exchange.

(c) You acknowledge and agree that WEEX reserves the right—without incurring any liability on the part of WEEX or its Affiliates involved in providing the WEEX Services—to disable, update, cancel, restrict, or otherwise modify any content, components, or features of Spot Trading and/or the Exchange.

4. Placing an Order and Fees

(a) You may place Orders by submitting an Instruction through the Platform. When placing an Order, you are required to provide at least the following information:

• the Trading Pair;

• whether you wish to buy or sell the Base Asset;

• the Order Type;

• the Order value (denominated in Base Asset or Quote Asset); and

• any additional parameters required for the relevant Order Type or specified by WEEX from time to time.

(b) An Order must comply with:

• any Transaction limits (see the Terms);

• the Trading Rules; and

• any other requirements, filters or limits specified by WEEX or included in the Terms, whether such requirements, filters or limits apply at the level of individual users, certain Digital Assets or at the level of the Exchange as a whole.

(c) To submit an Order, you must maintain a sufficient balance and appropriate type of Digital Assets in your WEEX Account to cover the total value of the Order along with any applicable Fees. Notwithstanding the amount displayed as being recorded to an Account, only the corresponding Digital Assets will be taken into account when assessing whether the sufficiency and appropriateness requirements are satisfied. If your Account balance is insufficient, your Order will be rejected.

(d) Any Transaction may incur a trading fee, as per the fees schedule set out on our Website and Platform, which can be amended from time to time (“Fees”). You authorise WEEX to deduct any Fees directly from your WEEX Account without further notice to you.

(e) When you submit your Order, the relevant quantity of the relevant Tradeable Asset will be locked in your WEEX Account until the Order is Matched, is cancelled or expires.

5. Market Orders 

(a) Market Orders are Taker Orders.

(b) A Market Order is not guaranteed to execute at a particular price.

(c) To submit a Market Order, you must specify the relevant Trading Pair and indicate either the quantity of the Base Asset to buy or sell, or the amount of the Quote Asset you wish to spend or receive. Once a Market Order is placed, it will be matched—either in full or in part—with the best available Bid or Ask on the Order Book at that time. If the top Bid or Ask does not cover the entire quantity of the Market Order, the remaining portion will be matched successively with the next best available Bids or Asks until either (i) the entire Market Order is filled, or (ii) no further Bids or Asks are available to match the unfilled portion, at which point the Order expires. As a result, the execution price of a Market Order is influenced by several factors, particularly the liquidity and market depth of the Order Book at the time the Order is placed.

6. Limit Orders 

(a) A Limit Order can be a Maker Order or a Taker Order.

(b) To place a Limit Order, you need to indicate the specific Trading Pair, the amount of the Base Asset you wish to buy or sell, and the minimum acceptable price for the transaction (the "Limit Price").

(c) A Limit Order may only execute at the Limit Price or at a better price (the “Limit Condition”). Limit Orders are not assured to be filled.

(d) When submitting a Limit Order, you may also have the option to specify the “time in force” (“TIF”) of the Limit Order, which may be “Good Till Cancelled” (“GTC”), “Immediate or Cancel” (“IOC”) or “Fill Or Kill” (“FOK”). The default setting is GTC, which will apply unless you specify a different TIF.

(e) When a GTC Limit Order is Placed, it will be matched, either fully or partially, with the best available Bid or Ask on the Order Book that meets the Limit Condition, if applicable. If the size of the best Bid or Ask that meets the Limit Condition is insufficient to match the entire quantity of the GTC Limit Order, the remaining portion will be matched successively with the next best Bid or Ask that meets the Limit Condition (if any) until the entire quantity is filled or no further Bids or Asks are available that meet the Limit Condition. Any unfilled portion at this point (the "End of the Taker Phase") will be added to the Order Book as a Bid or Ask at the Limit Price and will become a Maker Order.

(f) An IOC Limit Order functions similarly to a GTC Limit Order, except that any portion of the IOC Limit Order remaining unfilled at the end of the Taker Phase will be considered expired and will not be added to the Order Book.

(g) If an FOK Limit Order is Placed, it will only execute if there are Bids or Asks available that (1) satisfy the Limit Condition, and (2) have a Size equal to or greater than the quantity of the FOK Limit Order. If no such Bids or Asks are available, the whole FOK Limit Order shall be deemed expired and will not be added to the Order Book.

7. Custom Orders

(a) At our discretion, we may offer Custom Orders on the Platform and outline the specific requirements, parameters, restrictions, terms, or conditions associated with them.

(b) A Custom Order can be a Maker Order or a Taker Order.

(c) To place a Stop Limit Order, you need to specify all the parameters relevant to a Limit Order, along with the price that must be reached to trigger the Limit Order (the "Stop Price").

(d) To place a Trailing Stop Order, you need to specify all the parameters relevant to a Limit Order, as well as the relative price movement in percentage terms from the highest or lowest price reached after the Trailing Stop Order is activated, which will trigger the Limit Order (the "Trailing Delta"). You may also specify a price that must be reached for the Trailing Stop Order to be activated (the "Activation Price").

(e) To place an OCO Order, you must specify all the parameters relevant to both a Limit Order and a Stop Limit Order. Both orders will be submitted simultaneously. If either the Limit Order or the Stop Limit Order is matched, canceled, or expires, the other order will be automatically canceled.

8. Matching and cancellation 

(a) The Exchange automatically Matches Taker Orders with Maker Orders on an Order Book based on a predetermined set of rules.

(b) A Taker Order will be matched with the Maker Order offering the best price on the relevant Order Book, applying Priority where applicable. If the Taker Order is only partially matched, it will continue to be matched with the next best available Maker Order, again applying Priority if applicable. This process will repeat until the Taker Order is either fully filled, expires, or—depending on the rules for the specific Order Type—the remaining unfilled portion is added to the Order Book and becomes a Maker Order.

(c) You are permitted to cancel an Order only if it has not yet been matched. After an Order has been matched, you may no longer amend, revoke, or withdraw your authorization to process the matched portion. In the case of a partially matched Order, you retain the option to cancel the remaining unmatched portion. However, WEEX reserves the discretion to refuse any cancellation request you submit.

9. Settlement 

(a) Once an Order is Matched, it will be Settled as soon as reasonably and commercially practicable.

(b) Settlement is final and we will not reverse a Transaction unless:

• WEEX is required to do so by Applicable Law;

• we are entitled to reverse the Transaction under these Spot Trading Terms or the Terms;

• the Order, Matching or Settlement, or any parameter relevant to the foregoing, was affected by Manifest Error; or

• you have not complied with these Spot Trading Terms or the Terms of Use.

(c) At our discretion, we are only obligated to take reasonable and commercially practicable steps to return you to your prior position before Settlement, in the event of a reversal. For clarity, WEEX shall not be liable for any indirect losses, including loss of profits, business, or opportunities.

10. Order controls

(a) We may, at our sole discretion, impose trading and position limits, as well as position management controls, including those outlined in the Trading Rules, to manage our own liquidity, operational, and other risks. This can occur at any time, without prior notice or explanation. Consequently, you acknowledge and agree that you may be restricted from submitting an Order or taking other actions at certain times if such actions would exceed an applicable limit. We may also apply filters to reject any Instruction that does not comply with relevant limits or controls.

(b) We may monitor your positions against the limits or controls we impose. These limits are solely for our protection and the protection of other users, and we are not responsible for monitoring or ensuring your compliance with any limits imposed on your trading activities by you or by Applicable Law.

(c) You agree to comply with any limits or controls we impose under clause 10 (a) and not to take any actions that would cause you to violate these limits or controls.

(d) To ensure compliance with Applicable Law or any limits or controls set by us under clause 10 (a), we may decline to act on Instructions and/or execute an Order. We may also suspend your use of the Platform, require you to take certain  steps, or take any other action that we consider appropriate in the  circumstances.

11. Discretion 

(a) Without limiting any other clause in these Spot Trading Terms or the Terms generally, we reserve the right, and without liability to you, to process an Order, decline to process an Order, suspend, cancel, reverse, void or partially execute your Orders on the Exchange at our discretion.

(b) WEEX has the exclusive authority to decide which Digital Assets are listed on the Platform and may add or remove them at its sole discretion. WEEX may also modify rules regarding order parameters, such as order size and tick size, for each Digital Asset. WEEX may, but is not required to, notify users in advance of such changes and shall have no liability to users regarding these additions, removals, or amendments.

(c) WEEX may, at its sole discretion and without prior notice, reverse, suspend, restrict, or cancel any Order, Transaction, or account access if:

- Required to do so by applicable law, regulation, or lawful request by any regulatory authority;

- WEEX believes it is necessary to protect the integrity, security, or reputation of the platform;

- Suspicious or anomalous activity is detected in your account;

- You are or become a “Prohibited Person” or subject to Sanctions.

You agree that WEEX shall not be liable for any losses incurred as a result of such action.

 12. Warranties and Representations 

(a) Supplemental to and without prejudice to the warranties and representations which may have been made by Parties in the Terms of Use and other applicable terms and rules issued by WEEX, you hereby give the following warranties and representations to WEEX that:

(i) You have read and are fully capable to understand these Spot Trading Terms and agree to be legally bound by the same;

(ii) You are fully aware and have evaluated all the risks sufficiently which may arise in Spot Trading. By deciding to proceed with any Spot Trading Order, you agree to bear the risks solely;

(iii) You acknowledge that you use the WEEX Platform, your Account and the Spot Trading services (including on the Website and the Platform) on an “as is” and “as available” basis at your own risk, without any representation or warranty, whether express, implied or statutory. We are not responsible for any consequence or loss arising from your choice to do Spot Trading, use the WEEX Platform, your Account or certain Digital Assets.

(iv) You are acting in your sole capacity and will be making only independent decisions when entering into Spot Trading Orders without reliance whatsoever to WEEX’s statements, communications and/or explanations which may have been provided in regards of Spot Trading;

(v) You are not restricted, barred or otherwise prohibited in entering into any Spot Trading Order under any applicable law and regulation and/or by any of the Relevant Authorities. In the event of misrepresentation and/or breach of warranty by you, you undertake to fully indemnify and save harmless WEEX from all demands and claims arising from and incidental thereof;

(vi) You shall not use the Service for any unlawful purposes, including but not limited to illegal gambling, money laundering, fraud, extortion, data breaches, terrorist financing, violent activities, or any other business activities prohibited by law;

(vii) You shall not engage in, initiate, or promote any form of market manipulation, price manipulation, insider trading, market distortion, or any other malicious conduct affecting the market, nor shall you participate in any other illegal activities, including but not limited to illegal gambling, money laundering, fraud, extortion, data breaches, terrorist financing, violent activities, or any other business activities prohibited by law;

(viii) the submission of an Order and the performance of any executed Order and any agreement arising under or in connection with an executed Order, is your sole responsibility;

(ix) you are responsible for complying with all notification requirements and other reporting obligations relating to your Orders and Spot Trading activity under applicable law and regulations.

(x) if you are registering for the Service in your personal capacity, you must be at least eighteen (18) years old, possess full civil rights and capacity, and have all necessary authority and ability to enter into this Spot Trading Terms, which shall be binding upon you once accepted;

(xi) if you are registering to use the Service on behalf of a legal entity, you represent and warrant that such entity is duly organized, validly existing under applicable law, and that you are duly authorized to act on its behalf and to bind it to this Spot Trading Terms;

(xii) these Spot Trading Terms do not conflict with the laws of your country or region, and you undertake to comply with all applicable laws and regulations of your jurisdiction;

(xiii) you are the lawful owner of all Digital Assets in your WEEX Account and guarantee that the sources of these Digital Assets are lawful.

(xiv) You represent and warrant that you are not subject to any sanctions administered by the UN, OFAC, EU, UK, or any other applicable sanctions authority, nor are you located in or a resident of any jurisdiction listed by WEEX as a restricted territory. You shall immediately notify WEEX if you become subject to such restrictions.

(xv) Forum selection, Arbitration and Class Action Waiver clauses as they appear in the WEEX Terms of Use or any other terms, shall govern any disputes or claims relating to, arising out of, or in connection with these Spot Trading Terms, including any disputes regarding your assent to these Spot Trading Terms.

(xvi) These Spot Trading Terms has been drafted in English. Although translations in other languages of this Spot Trading Terms may be available, such translations may not be up to date or complete. Accordingly, you agree that in the event of any conflict between the English language version of this Spot Trading Terms and any other translations thereof, the English language version shall prevail.

 13.  Disclaimers

(a) You have been made aware of the risks that may result from entering into Spot Trading Orders and/or using any of the Spot Trading Services and agree, in absence of bad faith and fraud, to the full assumption of loss and liability resulting from or incidental to such use.

(b) You acknowledge, agree and accept that:

(i) WEEX does not guarantee the liquidity in any Digital Asset and that WEEX does not have any control over the liquidity of such Digital Asset;

(ii) WEEX may exercise its rights under any of this Spot Trading Terms to amend, vary, cancel or otherwise reverse any of the Spot Trading Orders (and this may cause the dissipation of Digital Assets in your Account);

(iii) If you fail to adhere to the Trading Limits, WEEX may invoke its rights under this Spot Trading Terms hereof and this may cause loss to you;

(iv) There is a possibility of Manifest Errors in Spot Trading and possibility that there could be delay or failure in transmission of Orders or execution through the Platform or the agreed communication means; and

(v) The nature of Spot Trading concerns numerous risks and volatility and losses can result from the same.

(vi) Your use of Spot Trading, and any information, materials, or other content (including that of third parties) included in or accessible through Spot Trading, is entirely at your own risk. WEEX’s sole responsibility is to facilitate the Digital Assets transaction processing on the WEEX Platform. All Trades are final upon completion unless otherwise required by law, or have to be reversed by WEEX.

(vii) All data collected, processed, and stored in connection with the use of Spot Trading shall be handled in strict accordance with our WEEX Privacy Policy available on the Platform. This includes, but is not limited to, personal information, transaction details, and any other data provided by users during their interaction with our services.

(c) Technology Disclaimers. You acknowledge and agree that:

(i) WEEX may, from time to time, suspend access to your WEEX accounts, the WEEX Platform, the Service, and/or any other WEEX services for scheduled or emergency maintenance. WEEX will use reasonable efforts to ensure that transactions on the WEEX Platform are processed in a timely manner; however, WEEX makes no representations or warranties as to the duration required to complete such processing, as this is subject to numerous factors beyond WEEX’s control.

(ii) While WEEX endeavours to keep the information on the WEEX Platform current, WEEX makes no representations, warranties, or guarantees, whether express or implied, that the content on the WEEX Platform—including information relating to the Services and any other WEEX services—is accurate, complete, or up to date.

(iii) You are solely responsible for obtaining the necessary data network access to utilize the Services or any other WEEX services. You are also responsible for procuring and maintaining compatible hardware or devices required to access and use the Service, any WEEX services, the WEEX Platform, and any related updates. WEEX does not guarantee that any of its services, or any portion thereof, will function on any specific hardware or devices. The WEEX services may be subject to malfunctions and delays that are inherent in the use of the internet and electronic communications.

(d) Risk of trading in cryptocurrency. Trading in cryptocurrency involves significant risk and may result in the loss of your invested capital. It is a high-risk activity and may not be suitable for the general public, as the prices of cryptocurrency are subject to sharp, speculative swings. You must ensure that you fully understand the risks involved and take into consideration your level of experience, investment preference, risk appetite, investment objectives, and financial circumstances, and you should seek independent financial advice if necessary. If you do not agree with or understand WEEX Spot Trading Terms, please do not use or access our products or services. You acknowledge, agree, and accept that you assume all risks and potential losses associated with Spot Trading, including but not limited to: any loss resulting from your inability to trade Digital Assets, and you are willing to bear the funding risks and possible financial losses arising from trading Digital Assets and subscribing to the Service; the possibility that high price volatility of digital assets and their derivatives may lead to significant or total losses within a short period; the occurrence of technical anomalies that may delay or prevent your Spot Trading or execution of related transactions, potentially resulting in losses of your Digital Assets; the risk of market anomalies that may cause losses to your Digital Assets; and the understanding that, in order to maintain the overall health of the market, WEEX may, at its sole discretion, add, remove, or amend policies, the terms of these Spot Trading Terms, or other relevant service agreements or terms from time to time, and such changes may either benefit or adversely affect individual customers, including yourself.

(e) To the maximum extent permitted by law, WEEX shall not be liable for any indirect, incidental, special, consequential, punitive or exemplary damages, including but not limited to lost profits, lost data, trading losses, business interruption or reputational harm. WEEX’s total cumulative liability to you under these Spot Trading Terms shall not exceed the total amount of fees paid by you to WEEX over the previous six (6) months.

14.  Prohibited Conduct and Enforcement Measures 

(a) You acknowledge and agree that WEEX strictly prohibits any form of unfair trading practices. WEEX reserves the right to exercise control over your account, including the suspension or termination of your account, should you engage in any of the following activities:

(i) Market manipulation, price manipulation, pump and dump, wash trading, ramping or spoofing schemes, insider trading, market distortion, or any other malicious or wrongful conduct;

(ii) Causing harm to other Users or to WEEX by exploiting vulnerabilities of the Platform or through other unreasonable means;

(iii) Participating in activities that WEEX deems detrimental to the market;

(iv) Violating any applicable laws or regulations.

(b) To mitigate any adverse impact on the overall market, WEEX retains the sole discretion to take such measures as it deems appropriate, including but not limited to closing your Account, restricting your activities, or cancelling your orders. You understand and agree that WEEX shall not be liable for any losses (including, without limitation, direct or indirect losses, actual losses, or loss of potential profits) that you may incur as a result of the implementation of these measures.

(c) You acknowledge and agree that WEEX reserves the right to disclose your contact information to any regulatory authority and/or law enforcement agency when required by law or in the event that WEEX has reasonable grounds to suspect that your WEEX Account is being utilized for any illegal, fraudulent, or unauthorized activities.

15.  Indemnification 

(a) In addition to any indemnity obligations set forth in the Terms of Use, you shall take all reasonable measures to protect WEEX from any damages arising from your Spot Trading or from any other actions related to your WEEX Account. Should you fail to do so, you shall be liable to WEEX.

(b) You hereby agree to defend, indemnify, and hold harmless WEEX from and against any demands, claims, losses, and/or damages (including legal fees and any fines, fees, or penalties imposed by any regulatory authority) asserted or incurred by any third party against WEEX as a result of, or arising out of, your breach of these Spot Trading Terms, your improper use of Spot Trading, your violation of any law or the rights of any third party, and/or the actions or omissions of any third party to whom you grant permission to use your WEEX Account or to access our website, software, systems (including any networks and servers used to provide any of the Spot Trading) operated by us or on our behalf, or any of the Spot Trading on your behalf.