PnPP COIN

Terms of Use

Chapter 1: General Provisions


Article 1 [Purpose)
The purpose of this agreement is to define the rights and responsibilities and responsibilities between the company and members regarding the terms and conditions of use of the various services (hereinafter referred to as the service) provided by PnPPCOIN (hereinafter referred to as the company) and other necessary matters.

Article 2 (Specification, Explanation and Revision of Terms and Conditions)
1. The contents of these terms and conditions are effective by posting on the site related to the company's service membership or by notifying the users by other means, and by agreeing to these terms while the users are registered as members.
2. The company may revise these terms and conditions without violating related laws such as the “Act on the Regulation of Terms and Conditions” and the “Act on Promotion of Information and Communication Network Utilization and Information Protection”.
3. When the company revises the terms and conditions, the date of application and the reason for the amendment are specified, and the initial screen, pop-up screen, or notice of the company's website along with the current terms and conditions are announced from 7 days before the effective date. However, in the case of changes in material or disadvantageous to the member, the member is notified 30 days before the effective date.
4. When the company does not express the intention of rejection even though the company has clearly announced the meaning of the intention to express the intention to express the intention if the member does not express the intention within 7 days while notifying the revised terms and conditions according to the preceding paragraph. It is assumed that the member has agreed to the revised terms.
5. If the member expressly expresses his intention not to agree to the application of the revised terms, the company cannot apply the contents of the revised terms and conditions, in which case the member may terminate the use contract. However, if there are special circumstances that cannot apply the existing terms and conditions, the company may terminate the use contract.

Article 3.
In addition to these terms and conditions, the company may notify members or obtain consent by setting separate notices, individual terms and conditions, individual agreements, usage guides, operating policies, and detailed guidelines (hereinafter collectively referred to as “detailed guidelines”). In the event that the contents of the member's consent among the detailed guidelines conflict with these terms and conditions, the “detailed guidelines” take precedence.
Matters or interpretations not specified in these Terms and Conditions shall be governed by the “Detailed Guidelines” and related laws and regulations.

Article 4 (Definition of terms)
The terms used in these terms are defined as follows.
1. Member: A person who approves these terms and conditions and signs a service contract with the company.
2. ID: An e-mail address or mobile phone number registered by a member for identification and service use.
3. Password: Refers to a member's combination of letters and numbers approved by the company to verify member identity and protect member information.

Chapter 2 application for service use and acceptance (membership registration and withdrawal)


Article 5 (Establishment of User Agreement)
1. The user applies for membership by filling out the member information according to the registration form set by the company and then expressing his intention to agree to these terms.
2. Member registration is when the company's consent reaches the member.
3. The usage contract is concluded on a per member ID basis. When the usage contract is established, the applicant for use is registered as a member.
4. A member who is falsely enrolled by not using his/her real name or stealing personal information such as another person's name, phone number, etc. cannot receive legal protection, and all civil and criminal responsibilities accordingly must be the registered member.
5. Under the age of 19, the use of services related to virtual asset transactions provided by the company is restricted.
6. If the user is a citizen, citizen, permanent resident, or resident of a country or region that does not meet or cooperate with international standards announced by the Financial Action Task Force (FATF), the use of the service may be restricted. We guarantee the following items.
   A. Not be a citizen, citizen, permanent resident or resident of a non-cooperative country that does not meet international standards
   B. Do not use the service while staying in a country that does not meet or exceed international standards
7. In the application pursuant to paragraph 1, the company may request real name verification and personal authentication through a specialized institution according to the type of user, if necessary, in accordance with relevant laws and regulations. If the company refuses to provide the company's request, the company will not be held responsible for any disadvantages arising from the user's identity.

Article 6 (Application for Use)
1. The application for use is made online by recording the requirements required by the company's prescribed application form.
2. All member information written on the online subscription application form is considered to be actual data, and users who have not entered their real name or actual information cannot be protected by law and may be restricted from using the service.
3. The company may suspend the use of the service or terminate the permanent suspension and use contract if the information that is different from the facts is entered or if it is found that such information is later discovered. Due to this, the member or the third party is responsible for any damages.

Article 7 (Consent to use of member information and acceptance of application for use)
1. Consent to use of member information
   A. The company uses the member's personal information for the purpose of implementing this usage agreement and providing services under this usage agreement.
   B. Member information may be provided to companies affiliated with the company in order to enable members to conveniently use the company and services affiliated with the company. However, prior to providing member information, the company must notify the affiliates, purpose of providing, and the contents of the member information to be provided in advance and obtain the member's consent.
   C. Members can view and edit personal information at any time by modifying the member information.
   D. It is considered that the member agrees to collect, use, and provide the member information described in the application for use in accordance with these terms and conditions.
2. Acceptance of use application
   A. The company may approve the membership if the member applies for the use by accurately filling out all the requirements required by the company's prescribed application form. However, in the case of No. 2 and No. 3, the company may withhold approval or refuse to accept.
   B. The Company may withhold consent for the use of the following items.
      1) If there is no room for equipment
      2) Technical difficulties
      3) If it is difficult to approve the use due to the circumstances of other companies
   C. The company may not approve the application for use in the following cases.
      1) If the name is not a real name
      2) When applying using another person's name
      3) In the case of application for use, the necessary information is falsely entered.
      4) When applying for the purpose of hindering social well-being or morals
      5) When there are insufficient parts in the application requirements set by the company

Article 8 (Suspension and Termination of Use Agreement)
1. The contract of use is terminated by termination of the member or company.
   A. When a member wishes to terminate the use contract, he or she must transfer all of his assets (gagasansan and won points) to the outside and apply for termination to the company.
   B. The company may limit the use of the service after the peak or terminate the use contract by setting a considerable period of time if the member falls under any of the following reasons.
      -If you have stolen someone else's service ID and password
      -In case of intentional interruption of service operation
      -If the registered name is not a real name
      -When a member uses the service for the purpose of hindering the social public interest
      -In case of acts that damage or defamate others
      -In the case of transmitting a large amount of information or advertising information for the purpose of interfering with the stable operation of the service
      -When distributing computer virus programs that cause malfunction of information and communication facilities or destruction of information, etc.
      -In case of illegal use with other person's personal information, user ID and password
      -When the information obtained by using the company's service information is reproduced or distributed without prior consent of the company or used commercially
      -When the same user double-registers with a different ID
      -In case of infringement of intellectual property rights of the company, other members or third parties
      -When there is a request for correction from an external organization such as the Broadcasting and Communication Deliberation Committee, or when the election management committee has been analyzed to vote regarding the illegal election campaign.
      -Collection, storage and disclosure of personal information about users without their consent
      -When it is objectively judged that the member's use of the service is related to the crime
      -When trading virtual assets on behalf of others for the purpose of obtaining profits such as fees
      -If the member's behavior violates other related laws and regulations
2. Service suspension or restriction procedure
   A. In the event that the Company intends to limit the use, the company shall notify the member or agent by determining the reason, date and time, and using methods such as writing (including e-mail) or the message function of the phone or homepage.
   B. However, if the company admits that it is necessary to urgently stop using the service, the use of the service may be restricted without the process described in the preceding paragraph.
   C. Members or their agents who have been notified of the suspension of service may file an objection if there is an objection to the suspension.
   D. The Company will immediately cancel the suspension of use only when it is confirmed that the reason for the suspension has been resolved during the suspension period.
3. Termination of Use Agreement
   A. If the same act is repeated more than once after the company has stopped or restricted the use of the service or the reason is not corrected within 30 days, the company may terminate the use contract.
   B. If the company terminates the use contract, membership registration is cancelled. In this case, the company notifies the member and gives the opportunity to call before the cancellation of membership registration.

Article 9 (change of member information)
1. Members can view and edit their personal information at any time through the personal information modification screen. However, the real name, date of birth, gender, ID, etc. required for service management cannot be modified.
2. The member must make an online correction or notify the company of the change by e-mail or other method if the information written at the time of application for membership is changed.
3. The Company shall not be liable for any disadvantages arising from notifying the Company of the changes in paragraph 2.


Chapter 3 Member Duties


Article 10 (Member's obligation to manage member ID and password)
1. The member is responsible for all management of the ID and password. Members are responsible for any consequences caused by negligence or misuse of the ID and password assigned to members, and the company is not responsible for them. However, this is not the case in case of intention or negligence of the company.
2. If a member finds out that his or her ID has been illegally used, the member must notify the company and follow the company's instructions.
3. In the case of Paragraph 2, the Company shall not be liable for any disadvantages arising from the failure of the Member to notify the Company or to notify the Company even if the Member has not followed the Company's instructions.

Article 11 (provision of information)
The company can provide information on usage information and products for user convenience for the following services by methods such as wired/wireless telephone, e-mail, text service (LMS/SMS), and SNS. In this case, the member can opt out at any time.
1. Virtual asset transaction related services
2. Events and events related services
3. Services provided to members by other companies' decisions from time to time


Chapter 4 general service use


Article 12 (Types of Service)
1. The types of services provided by the company include brokerage of virtual assets (including transaction API provision, market price information search, etc.), deposit, withdrawal, storage, staking, and content (gift card mall, prepaid card) services.
2. The types of services provided by the company may be changed from time to time due to the company's circumstances, and the copyright and intellectual property rights for the services provided belong to the company.
3. In relation to the service, the company grants members only the right to use accounts, IDs, services, points, etc. in accordance with the terms and conditions set by the company, and the member cannot provide similar services and commercial activities using them .

Article 13 (Notice and change of service contents)
1. The company notifies the characteristics, procedures, and methods of each service through the service screen according to the type of service, and the member must understand the matters of each service announced by the company and use the service.
2. The company may change all or part of the individual services provided depending on operational and technical needs when there is a good reason. In this case, the company will notify the user of the content at least 7 days in advance.

Article 14 (maintenance and suspension of service)
1. In principle, the use of the service is 24 hours a day, 7 days a week, unless there is a special hindrance to the company's business or technology. However, it does not apply to the day or time set by the company in advance due to the need for regular inspections.
2. The company can divide service into a certain range and set the available time for each range separately. In this case, the contents will be announced in advance.
3. The company may suspend the provision of services in the following cases. In this case, the Company will notify you in advance of the suspension of service unless it is inevitable.
   A. Inevitable due to construction such as repair of service equipment
   B. When the telecommunication service provider prescribed in the Telecommunications Business Act stops the telecommunication service
   C. In the case of a service provided by a third party such as an affiliate, rather than a service provided directly by the company, when a third party such as an affiliate stops the service
   D. If there are other force majeure reasons
4. The company may limit or suspend all or part of the service in the event of a disruption in the normal use of the service due to a national emergency, power outage, service facility failure, or runaway service use.

Article 15 (limited use of payment by members)
1. The company may limit the use of payment by members in the following cases.
   A. If the seller and the buyer are judged to be the same person
   B. When payment service provider and issuer request
2. In the case of the above, the company notifies the member to the member through a method such as homepage announcement.
3. In the event of a duplication of restrictions, termination can be handled only if all restrictions are met.

Article 16 (Member's deposit and withdrawal usage restrictions)
1. The company may approve or delay members' use of deposit and withdrawal in the following cases.
   A. If the name of the registered member and the depositor's name are different
   B. When the service usage rights set by the company are outside the scope
   C. When there is provision of information from the national or financial institutions such as the police or the National Tax Service that the member's account is suspected to have been used for illegal activities.
2. In the case of the above, the company notifies the member to the member through a method such as homepage announcement.
3. In the event of duplicate use restrictions and delays, the release can be processed only if the release conditions required by the administrator or operator are met.

Article 17 (Restriction on Use of Transaction Service)
1. Block login
   A. Reason for restriction
      1) When the member requests
      2) If the identity verification process fails
      3) When requested by a national institution or financial institution
      4) In case of incorrectly entering the security password 5 times in a row
      5) When it is related to a crime or financial accident, such as voice phishing, or if there is reasonable doubt about the relevance
   B. solution
      1) Resolving the content of restrictions
      2) 4) of the reason for restriction is terminated after identification.
2. Block withdrawal
   C. Reason for restriction
      1) If the member is a minor
      2) In the case of member's request
      3) When requested by a national institution or financial institution
      4) If you request the first withdrawal of a virtual asset purchased in KRW after signing up. However, blocking for 72 hours from the time of KRW charging
      5) When KRW is charged more than 3 times in 24 hours. However, it is blocked for 72 hours from the 3rd KRW charging
      6) When it is related to a crime or financial accident, such as voice phishing, or if there is reasonable doubt about the relevance
      7) A person who has acquired KRW or virtual assets without cause for legal reasons
   I. solution
      1) Resolving the content of restrictions
      2) 4)~6) can be canceled after visiting the customer center and verifying their identity


Chapter 5 Protection of Personal Information


Article 18 (protection of personal information)
The company strives to protect the personal information of members as prescribed by related laws and regulations. The member's personal information is used only within the purpose and scope agreed by the member for the smooth provision of the service. The company does not provide the personal information of the member to a third party, unless otherwise agreed by the law or the member, the details of this are determined in the privacy policy.


Chapter 6 Damages and Disclaimer


Article 19 (Company's disclaimer and compensation for damages)
1. The company does not guarantee any matters not specified in these terms and conditions in relation to the service.
2. If the company is unable to provide services due to other force majeure reasons, such as natural disasters, DDoS attacks, IDC failures, server downs due to a surge in service access, and line failures of telecommunications operators, etc. 3. Responsibility is exempt. However, this is not the case if there is any intention or negligence of the company.
4. The company is not responsible for inevitable failures due to blockchain problems, defects or technical problems in the virtual asset issuance management system itself, poor communication service providers, and regular server checks. However, this is not the case in case of intention or negligence of the company.
5. The company shall not be liable for the failure to use the service or the result of the member's fault. However, this is not the case if there is a company's intention or negligence, or if the member has a valid reason.
6. The company is exempt from liability in the case of a transaction, etc. between members or between a member and a third party through the service. However, this is not the case if there is any intention or negligence of the company.
7. The Company shall not be liable for the use of the services provided free of charge, unless there are special provisions in the related laws or the company has no intention or negligence.

Article 20 (Competent Court and Governing Law)
These Terms of Service are governed and interpreted in accordance with the laws of the Republic of Korea, and the law of the Republic of Korea applies if a lawsuit arises due to disputes between the company and members regarding the use of the service, such as the company's fee system.
In the case of a lawsuit between the company and the member related to the use of the service, the court in accordance with the procedure prescribed by the law shall be the competent court.

Supplementary provisions
This agreement will go into effect on July 9, 2020.