Terms of Service
Please read carefully before using this website or any Graaf One services.
For users who are registered with the Website, your use of the Website shall be subject to (i) certain designated terms (see Section B below) in addition to those terms applicable to all users and (ii) shall be further conditioned on your acceptance of the terms and conditions upon creating an account and/or placing an order/request for quote or any other interaction with the website..
Changes to Terms
The Website is directed to those individuals and entities located in Canada. It is not directed to any person or entity in any jurisdiction where (by reason of nationality, residence, citizenship or otherwise) the publication or availability of the Website and its content, including its products and services, are unavailable or otherwise contrary to local laws or regulations. If this applies to you, you are not authorised to access or use any of the information on this Website. Graaf Network Inc. makes no representation that the information, opinions, advice or other content on the Website (collectively, “Content”) is appropriate or that its products and services are available outside Canada. Those who choose to access this Website from other locations do so at their own risk and are responsible for compliance with applicable local laws.
Scope of Use and User E-Mail/Chat
You may not store, modify, reproduce, transmit, reverse engineer or distribute a significant portion of the Content on this Website, or the design or layout of the Website or individual sections of it, in any form or media. The systematic retrieval of data from the Website is also prohibited.
The commercial use, reproduction, transmission or distribution of any information, software or other material available through the Website without the prior written consent of Graaf Network Inc. is strictly prohibited.
Copyrights and Trademarks
The materials at this Site, as well as the organisation and layout of this site, are copyrighted and are protected by Canadian and international copyright laws and treaty provisions. You may access, download and print materials on this Website solely for your personal and non-commercial use; however, any print out of this Site, or portions of the Site, must include Graaf Network Inc.’s copyright notice. No right, title or interest in any of the materials contained on this Site is transferred to you as a result of accessing, downloading or printing such materials. You may not copy, modify, distribute, transmit, display, reproduce, publish, license any part of this Site; create derivative works from, link to or frame in another website, use on any other website, transfer or sell any information obtained from this Site without the prior written permission of Graaf Network Inc.
Except as expressly provided under the “Scope of Use” Section above, you may not use, reproduce, modify, transmit, distribute, or publicly display or operate this Website without the prior written permission of Graaf Network Inc.. You may not use a part of this Website on any other Website, without Graaf Network Inc.’s prior written consent.
Graaf Network Inc. respects the intellectual property rights of others and expects our Users/ users to do the same. The policy of Graaf Network Inc. is to terminate the accounts of repeat copyright offenders and other users who infringe upon the intellectual property rights of others. If you believe that your work has been copied in a way that constitutes copyright infringement, please contact us at firstname.lastname@example.org
No Unlawful or Prohibited Use
As a condition of your use of the Website, you warrant to Graaf Network Inc. that you will not use the Website for any purpose that is unlawful or prohibited by these terms, conditions, and notices. You may not use the Website in any manner that could damage, disable, overburden, or impair the Site or interfere with any other party’s use and enjoyment of the Website. You may not obtain or attempt to obtain any materials or information through any means not intentionally made available or provided for through the Site.
Gathering email addresses from Graaf Network Inc. through harvesting or automated means is prohibited. Posting or transmitting unauthorised or unsolicited advertising, promotional materials, or any other forms of solicitation to other Users is prohibited. Inquiries regarding a commercial relationship with Graaf Network Inc. should be directed to: email@example.com
THE WEBSITE, AND ANY CONTENT, ARE PROVIDED TO YOU ON AN “AS IS,” “AS AVAILABLE” BASIS WITHOUT WARRANTY OF ANY KIND WHETHER EXPRESS, STATUTORY OR IMPLIED, INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUIET ENJOYMENT, SYSTEMS INTEGRATION, ACCURACY, AND NON-INFRINGEMENT, ALL OF WHICH Graaf Network Inc. EXPRESSLY DISCLAIMS. Graaf Network Inc. DOES NOT ENDORSE AND MAKES NO WARRANTY AS TO THE ACCURACY, COMPLETENESS, CURRENCY, OR RELIABILITY OF THE CONTENT, AND Graaf Network Inc. WILL NOT BE LIABLE OR OTHERWISE RESPONSIBLE FOR ANY FAILURE OR DELAY IN UPDATING THE WEBSITE OR ANY CONTENT. WE HAVE NO DUTY TO UPDATE THE CONTENT OF THE WEBSITE. Graaf Network Inc. MAKES NO REPRESENTATIONS OR WARRANTIES THAT USE OF THE CONTENT WILL BE UNINTERRUPTED OR ERROR-FREE. YOU ARE RESPONSIBLE FOR ANY RESULTS OR OTHER CONSEQUENCES OF ACCESSING THE WEBSITE AND USING THE CONTENT, AND FOR TAKING ALL NECESSARY PRECAUTIONS TO ENSURE THAT ANY CONTENT YOU MAY ACCESS, DOWNLOAD OR OTHERWISE OBTAIN IS FREE OF VIRUSES OR ANY OTHER HARMFUL COMPONENTS. THIS WARRANTY DISCLAIMER MAY BE DIFFERENT IN CONNECTION WITH SPECIFIC PRODUCTS AND SERVICES OFFERED BY Graaf Network Inc.
Governing Law, Location and Miscellaneous
Prohibited Accounts based on Residency, PEFP and third party
You represent that you are not a resident, user or entity associated with any prohibited state:
- Bosnia and Herzegovina
- Democratic People’s Republic of Korea (DPRK)
- Lao PDR
- Sri Lanka
- Trinidad and Tobago
You represent that you are not a politically exposed foreign person:
A ‘politically exposed foreign person’ is a person who holds or has held one of the following offices or positions in or on behalf of a foreign state:
- head of state or head of government;
- member of the executive council of government or member of a legislature;
- deputy minister or equivalent rank;
- ambassador or attaché or counselor of an ambassador;
- military officer with a rank of general or above;
- president of a state-owned company or a state-owned bank;
- head of a government agency;
- leader or president of a political party represented in a legislature; or
- holder of any prescribed office or position. It includes any prescribed family member of such a person.
For the purpose of the definition of a PEFP, the prescribed family members of a politically exposed foreign person are;
- the person’s spouse or common-law partner;
- a child of the person;
- the person’s mother or father;
- the mother or father of the person’s spouse or common-law partner; and
- a child of the person’s mother or father.
Being a Canadian citizen DOES NOT discount a client from being a politically exposed foreign person. A Canadian citizen who holds or has held a prescribed position on behalf of a foreign country would be considered a PEFP. For example, a Canadian citizen that works for a foreign embassy outside of Canada as an attaché of an ambassador would be considered a PEFP.
Acting as a third party on an account without notifying Graaf is strictly prohibited.
No Professional Advice
The information available on the Website is intended to be a general information resource regarding the matters covered, and is not tailored to your specific circumstance. You should not construe this as legal, accounting or other professional advice. This Website is not intended for use by minors. YOU SHOULD EVALUATE ALL INFORMATION, OPINIONS AND ADVICE AVAILABLE ON THIS WEBSITE IN CONSULTATION WITH YOUR INSURANCE SPECIALIST, OR WITH YOUR LEGAL, TAX, FINANCIAL OR OTHER ADVISOR, AS APPROPRIATE.
You are solely responsible for your interactions with other Users. Graaf Network Inc. reserves the right, but has no obligation, to monitor disputes between you and other Users.
User Submissions And Communications; Public Areas
If you make any submission to an area of the Website accessed or accessible by the public (“Public Area”) or if you submit any business information, idea, concept or invention to Graaf Network Inc. by email, you automatically represent and warrant that the owner of such content or intellectual property has expressly granted Graaf Network Inc. a royalty-free, perpetual, irrevocable, world-wide nonexclusive license to use, reproduce, create derivative works from, modify, publish, edit, translate, distribute, perform, and display the communication or content in any media or medium, or any form, format, or forum now known or hereafter developed. Graaf Network Inc. may sublicense its rights through multiple tiers of sublicenses. If you wish to keep any business information, ideas, concepts or inventions private or proprietary, you must not submit them to the Public Areas or to Graaf Network Inc. by email. We try to answer every email in a timely manner, but are not always able to do so.
Some of the forums (individual bulletin boards and posts on the social network, for instance) on the Website are not moderated or reviewed. Accordingly, Users will be held directly and solely responsible for the content of messages that are posted. While not moderating the forums, the Site reviewer will periodically perform an administrative review for the purpose of deleting messages that are old, have received few responses, are off topic or irrelevant, serve as advertisements or seem otherwise inappropriate. Graaf Network Inc. has full discretion to delete messages. Users are encouraged to read the specific forum rules displayed in each discussion forum first before participating in that forum.
Graaf Network Inc. reserves the right (but is not obligated) to do any or all of the following:
- Record the dialogue in public chat rooms.
- Examine an allegation that a communication(s) do(es) not conform to the terms of this section and determine in its sole discretion to remove or request the removal of the communication(s).
- Monitor, edit, or disclose any communication in the Public Areas.
- Edit or delete any communication(s) posted on the Graaf Network Inc. Site, regardless of whether such communication(s) violate these standards.
Graaf Network Inc. reserves the right to take any action it deems necessary to protect the personal safety of our guests or the public. Graaf Network Inc. has no liability or responsibility to users of the Graaf Network Inc. Website or any other person or entity for performance or non-performance of the aforementioned activities.
All information relating to or disclosed by any party in connection with the arbitration of any disputes hereunder shall be treated by the parties, their representatives, and the arbitrator as proprietary business information. Such information shall not be disclosed by any party or their respective representatives without the prior written authorisation of the party furnishing such information. Such information shall not be disclosed by the arbitrator without the prior written authorisation of all parties. Each party shall bear the burden of its own counsel fees incurred in connection with any arbitration proceedings.
Judgment upon the award returned by the arbitrator may be entered in any court having jurisdiction over the parties or their assets or application of enforcement, as the case may be. Any award by the arbitrator shall be the sole and exclusive remedy of the parties. The parties hereby waive all rights to judicial review of the arbitrator’s decision and any award contained therein.
Limitation of Liability
YOUR USE OF THE CONTENT IS AT YOUR OWN RISK. Graaf Network Inc. SPECIFICALLY DISCLAIMS ANY LIABILITY, WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE, FOR ANY DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, CONSEQUENTIAL, OR SPECIAL DAMAGES ARISING OUT OF OR IN ANY WAY CONNECTED WITH ACCESS TO, USE OF OR RELIANCE ON THE CONTENT (EVEN IF Graaf Network Inc. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES) OR THAT ARISE IN CONNECTION WITH MISTAKES OR OMISSIONS IN, OR DELAYS IN TRANSMISSION OF, INFORMATION TO OR FROM THE USER, ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION OR DELIVERY, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT OR DESTRUCTION OR UNAUTHORISED ACCESS TO, ALTERATION OF, OR USE OF RECORDS, PROGRAMS OR FILES, INTERRUPTIONS IN TELECOMMUNICATIONS CONNECTIONS TO THE WEBSITE OR VIRUSES, WHETHER CAUSED IN WHOLE OR IN PART BY NEGLIGENCE, ACTS OF GOD, TELECOMMUNICATIONS FAILURE, THEFT OR DESTRUCTION OF, OR UNAUTHORISED ACCESS TO THE WEBSITE OR THE CONTENT. THIS LIMITATION OF LIABILITY MAY BE DIFFERENT IN CONNECTION WITH SPECIFIC PRODUCTS AND SERVICES OFFERED BY Graaf Network Inc.. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OF LIABILITY, SO THIS LIMITATION MAY NOT APPLY TO YOU
Accounts And Security
Graaf Network Inc. does not warrant that the functions contained in the service provided by the Website will be uninterrupted or error-free, that defects will be corrected or that this service or the server that makes it available will be free of viruses or other harmful components.
You may not:
- Select or use a Login Name of another person with the intent to impersonate that person;
- Use a name subject to the rights of any other person without authorisation;
- Use a Login Name that Website, in its sole discretion, deems inappropriate or offensive.
You shall notify Graaf Network Inc. of any known or suspected unauthorised use(s) of your Account, or any known or suspected breach of security, including loss, theft, or unauthorised disclosure of your password. You shall be responsible for maintaining the confidentiality of your password.
Any fraudulent, abusive, or otherwise illegal activity may be grounds for termination of your Account, at Graaf Network Inc.’s sole discretion, and you may be reported to appropriate law-enforcement agencies.
Bitcoin and any other cryptocurrencies purchased or sold are not considered “securities” in Canada and security laws and remedies are not applicable.
We (Graaf Network Inc.) are not responsible or liable for:
- Changes price after purchase or sale
- Changes in technology including forks
- Bugs and errors arising from the underlying technology
- Bugs and errors arising from wallet technology
- Loss of funds due to user errors (such as losing access to private keys or sending to the wrong address).
- Any incorrect information submitted to us which may result in loss of funds or other damages.
- Loss of funds or damages arising in any manner after services have been rendered.
We are not responsible or liable for any current, retroactive or future actions regarding cryptocurrency that has been forked, including but not limited to: retrieval, sale or compensation.
You are responsible for making your own informed financial decisions and will not hold Graaf Network Inc., it’s directors, shareholders or other affiliated parties liable for any decision, service or sale.
The user must understand the risks with cryptocurrency including but not limited to: absolute loss of all value of the asset, theft of the asset and irreversible loss by sending to an address of which the user does not solely control the private keys of.
Cryptocurrencies and Bitcoin specifically are not protected by insurance or by the government in the case of devaluation or loss.
Services may be a target for malicious activity and security breaches; there is a possible risk of theft or loss.
You take sole responsibility of accurately reporting your taxes to the government of Canada and the jurisdiction in which you report to.
You waive your right to participate in a class action lawsuit or class-wide arbitration against Graaf Network Inc., it’s directors, shareholders and any other representatives.
Quoted prices are not guaranteed to be available, Graaf reserves the right to cancel or modify sales quotes in the case of but not limited to: customer not sending funds in a timely manner, issues with sourcing liquidity, congested networks or technical issues.
Canadian Dollar Balance
Canadian dollar balances held in user accounts is treated as a gift certificate/store credit. Bank transfers are available for Canadian residents, users from other countries can withdraw and deposit their Canadian dollar balance using the Bitcoin buy/sell features.
Security of an account’s personal credentials including two-factor-authentication is solely the responsibility of the user.
It is the users responsibility to be prudent and decide the risk and safety of who to send money to.
We (Graaf Network Inc.) are not responsible or liable for:
- Unauthorized transfer of dollar balances to another user
- Unauthorized withdraw of dollars to Bitcoin from your account
- Loses over money sent to other users
- Loses, fraud or charge backs to, from or between other users before or after sending money
- Loses resulting from disputes and arrangements for the transfer of money of Bitcoin outside of our platform or partially involving our platform.
- Fees incurred via your banking institution upon withdraw
- Any obligations of the user to file taxes in their appropriate jurisdiction
Cookies and Private Data
By agreeing to these terms, you also agree to our cookies policy found here:
In case any provision in this document shall be held invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired.