Under no circumstances and to the fullest extent permitted under applicable law shall we be liable for any losses, damages or injury that results from using materials available on Nuo. In no case will our liability exceed the fees actually paid by you to us during the 3 (three) months immediately preceding the date of claim for any loss or damage experienced by you.
Nuo currently allows users to only purchase and sell Bitcoins. We may, in the future, list other crypto assets on Nuo. Further, while we enable you to sell and purchase crypto assets, you cannot link any other crypto wallet to your Nuo account or withdraw any Bitcoin or other crypto assets (if and when applicable) from your Nuo Account. You can withdraw only INR from your Nuo Account.
Markets are volatile: Market prices for crypto assets can be volatile and highly unpredictable. Due to this you may incur loss of the funds invested by you. Further, it may so happen that prices quoted to you change and the orders placed by you for any sale or purchase do not get executed, at the specified price, or at all.
Crypto asset may be delisted: Nuo may delist any crypto asset without prior notice, at our sole discretion.
The market for crypto assets may become “illiquid”, i.e. there may be a scarcity of persons who are willing to trade in crypto assets, whether Bitcoin or any other crypto asset. There are no guarantees that the market for any crypto asset, including Bitcoin, will be liquid at all times. Therefore, you may not be able to liquidate your positions in the crypto assets market when you desire to or at the prices you prefer. As a result of this, you may have to bear losses. Such losses may mean a complete loss in value of the crypto assets owned by you.
We only facilitate your transactions with other counterparties through our platform and are not a counterparty to any trade ourselves. Consequently, we take no financial responsibility or liability for any failure of market participants to honor their financial obligations. There is always a risk that a market participant will renege, default, or otherwise fail to honor their financial obligations or will be unwilling or unable to abide by their agreements. If such risk materializes, other market participants such as yourself may incur losses or reductions in gains.
Pricing of crypto assets: We derive the prices of any and all crypto assets displayed on Nuo from third party sources. This means that any prices displayed on Nuo is basis the information provided to Nuo by third party service providers and despite our best efforts, the information may be inaccurate, outdated, incorrect, unusable, or unreliable. We will not be responsible for any losses, reduction in profits, or damages suffered by you in case the prices quoted and reflected on Nuo is outdated, incorrect, inaccurate, unusable or unreliable.
Not advisors: We are not financial or legal advisors to you or anyone else. We are not recognised by any regulator to provide advisory services, nor do we claim to have the expertise to advise you on these matters. The information available on Nuo is for general use and you may rely on it while transacting on Nuo solely at your own risk. The information you find on Nuo may, at times, be outdated or inaccurate despite our best efforts. We will not be responsible or liable for any losses arising out of transactions that you have undertaken basis the information on our platform. We will not be liable for any direct, indirect, consequential or other damages arising out of or connected with the use of this website or the information herein. We recommend that you consult with your financial advisor before making transactions pertaining to any crypto assets.
Third party content: We may provide links to third-party services for your convenience on Nuo, including advertisements. When you access any of these links, you are accessing an independent website and we have no control over them or any of their contents or practices. We do not endorse any of these third-party services or vouch for their fitness of use.
Reliance on third party service providers: Nuo provides its services on the basis of data and services provided by third-party service providers. Despite our best efforts and practices, these service providers and their services may be unavailable from time to time or permanently, which may prevent Nuo from providing its services to you. We are not liable for any losses, reduction in profits or damages that you suffer as a direct, indirect result of this.
Fitness for use: We cannot guarantee that NUO will be free from viruses, worms, trojans or other code containing destructive or contaminating properties. We may even partially or completely suspend access to Nuo if certain safety related contingencies occur, with or without prior notification to you. Although we take steps to safeguard your interest to the greatest extent possible, we take no responsibility for the same and will be exempt from liability for any legal or financial damage suffered by you as a result of such steps.
No solicitation: Nuo does not, and does not intend to, solicit or offer securities in any jurisdiction and no information contained on Nuo should not be construed or interpreted as such.
Account safety: You alone are responsible for maintaining the safety of your Nuo Account and for making sure that it is maintained according to our policies. Unless specifically provided otherwise, all transactions you make through your Nuo Account are irreversible and permanent. If you delete your Nuo Account and/or lose your private key, you may irreversibly lose all your crypto assets.
Account freeze: If we are of the opinion that your Nuo Account is being used for criminal activities or if the relevant authorities require us to do so, we may freeze your Nuo Account and take any further action, as stated in our KYC & AML Policy.
Legislative risk: Crypto assets are governed by different laws in different countries. There is a risk of these assets being delegitimised, their trading or holding being banned, or bank accounts held by persons trading in crypto assets being frozen. Further, a change in regulations in any country may prohibit us from providing our services to you.
Know your laws: You alone are responsible for examining the laws applicable to you and your right or ability to trade, own, or in any way handle crypto assets.
We are not liable for any claims, expenses, damages (including direct, indirect, special, incidental, punitive or consequential damages), loss of profits, opportunities or information arising from:
The use of or reliance on information contained on Nuo; or
Any technical, hardware or software failures of any kind; or
Use of any third-party websites linked to Nuo; or
Any inaccuracy or omission in such information or failure to keep the information updated; or
Any delays, inaccuracies, or errors in, or in the transmission of, any price quotes or historical price data; or
Any internet software used in connection with Nuo or computer viruses or other destructive programs you may encounter by using Nuo; or
Lost or unavailable network connections; or
Incomplete, garbled or delayed computer transmissions; and
Any other matter relating to Nuo, even we are made aware of the possibility of such claims, expenses, damages or losses.
Purchase of crypto assets is risky. Before you make any purchase or sale of crypto assets, including any Bitcoin, you should be aware of the risks we have identified below. Do note that these risks are not exhaustive, and this is not all you need to know, and you should speak with your financial advisor and judge for yourself if purchasing crypto assets is in your best interest.