These Terms of Use constitute an electronic agreement between you (hereinafter the “User”) and PDB that applies to the User's use of this website, any and all services, products and content provided by PDB.

These Terms of Use contain important provisions, which the User must consider carefully when choosing whether to visit the Site and use the services, products and content of PDB. Please read these Terms of Use carefully before agreeing to them.

The User is solely responsible for understanding and complying with any and all laws, rules and regulations of his/her specific jurisdiction that may be applicable to the User in connection with the use of any and all services, products and content of PDB.

Privacy Policy as well as any other policies published on the Site by reference, so by accepting these Terms of Use, the User agrees with and accepts all the policies published on the Site


The PDB Assets sold in connection with this Asset Sale are offered only outside of the United States to non-U.S. persons, pursuant to the provisions of Regulation S of the U.S. Securities Act of 1933, as amended. These PDB Assets have not been and will not be registered under the Securities Act, and may not be offered or sold in the United States or to U.S. persons absent registration or under an applicable exemption from the registration requirements and the purchasers should not assume they will be able to resell their PDB Assets in the United States. Neither the Securities and Exchange Commission nor any state regulator has passed upon the merits of or given its approval to the PDB Assets, the terms of the Asset Sale, or the accuracy or completeness of any associated materials.

Buying PDB Assets involves risks, and purchasers should be able to bear the loss of their entire purchase. All purchasers should make their own determination of whether or not to make any purchase, based on their own independent evaluation and analysis.

1. Definitions

1.1. Capitalized terms used in these Terms of Use shall be interpreted in accordance with the definitions provided below:

1.1.1. Account: means an account registered by the User on the PDB Platform.

1.1.2. Base Currency: means the first symbol in the trading pair.

1.1.3. Buyer: means the User who submits an Order to buy Cryptocurrencies through the PDB Platform.

1.1.4. Automated trading: the PDB system receives permission from the user to trade through the API of the Trading Platform. The PDB system automatically makes trading decisions and sends trade transactions through the Trading Platform API.

1.1.5. Cryptocurrency: means peer-to-peer decentralized digital representation of value (e.g. bitcoins, bitcoin cac, ethers, etc.).

1.1.6. “Laws” means laws, statutes, ordinances, rules, regulations, judgments, injunctions, orders and decrees.

1.1.7. “Person” means individual or legal entity or person, including a government or political subdivision or an agency or instrumentality thereof.

1.1.8. Fiat currency: means government-issued currency, that is designated as legal tender in its country of issuance through government decree, regulation, or law.

1.1.9. User: means a Person or an entity that uses the Services, agrees to follow the Terms of Use and is a holder of an Account.

1.1.10. Balance: means Cryptocurrency, Fiat currency in outer Trading Platform.

1.1.11. Instrument: Financial instruments are PDB Assets that can be traded.

1.1.12. Limit Order: An order to buy or sell at a specified price or better.

1.1.13. Order: means the User's instruction to execute a Transaction including, without limitation, a Limit Order or Stop Order.

1.1.14. PDB Platform: means an environment created by PDB that allows to trade Cryptocurrencies via outer Trading Platform.

1.1.15. Seller: means the User who submits an Order to sell Cryptocurrencies through the Platform.

1.1.16. Site: means the PDB website.

1.1.17. Stop Order: is an order to buy or sell an instrument that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better).

1.1.18. Trade Confirmation: an exchanges written acknowledgment that the trade has been executed. It is in electronic form and records information such as the date, price and settlement terms of the trade.

1.1.19. Trading Platform: means the outer cryptocurrency exchange platform provided as medium for engaging in Transactions.

1.1.20. Transaction: means buying or selling cryptocurrency on the Trading Platform.

1.1.21. Transaction Price: means the total price paid by the Buyer in respect to each Transaction performed via the Trading Platform.

2. The scope of the PDB services

2.1. These Terms of Use cover the Services, which include allowing all Users of the Platform to trade Cryptocurrencies with other Users via PDB services, all services provided in connection with the Transaction, the use of PDB's Automated Trading service, downloadable material from the PDB website, real time information on currency conversion rates, tools for executing Transactions and any other content, services or features that PDB may add in the future.

2.2. Depending on the User's place of residence, the User may not be able to use all the functions of the Site. It is the User's responsibility to follow those rules and laws in his/her place of residence and/or place from which the User accesses this Site.

2.3. The User acknowledges and agrees that, when completing Trading Transactions, he/she is trading with other Users, and that PDB acts only as an intermediary in such Transactions, not as the counterparty to any trade.

2.4 Specific provisions in respect of Automated Trading.

2.4.1. By selecting the Automated Trading service, the User should bear in mind all aspects and factors including, but not limited to, the risk nature of the copied account and their investment objectives.

2.4.2. As part of the Automated Trading Service, PDB can assist the User to determine what trading strategies are suitable for them and under what conditions.

2.4.3. PDB will be responsible to the User for

informing the User from time to time of the details of their Automated Trading

and reporting to the User on the resulting transactions via the Platform. We do not provide investment advice.

2.4.4. The User, while using the Automated Trading service, acknowledges that they have considered their entire financial situation including financial commitments and you understand that using PDB's Automated Trading service is highly speculative and that the User could sustain significant losses. Please note that PDB is unable to provide any guarantee as to the performance of any trading strategy.

2.4.5. Risk and Disclaimer: The provision of Automated Trading services does not constitute investment advice on the part of PDB. The User is using the Automated Trading services at their own risk and PDB and its affiliates, employees, clients and agents will not be liable for any losses that you may sustain as a result of the User using such features. No copied trader, account, portfolio and/or strategy guarantees the future performance of the User's account, or any specific level of performance, the success of any investment strategy or the success of our overall management. Investment strategies are subject to various market, currency, economic, political and business risks. Investment decisions may not be profitable and may result in the loss of your entire invested amount. Past performance is not a guarantee or prediction of future performance.

To the maximum extent permissible under the applicable law, neither PDB nor any of its affiliates will be liable for (a) any loss arising from adhering to the User's instructions, (b) any loss that the User may suffer by reason of any decision made; or (c) specifically any loss arising from any Automated investment decision made. Nothing in these Terms and Conditions will waive or limit any rights that the User may have under any applicable laws which may not be waived or limited.

3. The user's rights and responsibilities

3.1. The User has the right to enter and use the Site and the Services, as long as he/she agrees to and actually complies with the Terms of Use. By using the Site, the User agrees to accept and comply with the terms and conditions stated herein.

3.2. The User undertakes to read the entire Terms of Use carefully before using the Site or any of the services provided by PDB.

3.3. The User undertakes to comply with any and all applicable laws and regulations related to the use of the Services.

3.4. The User undertakes to monitor all and any changes on his/her Account.

3.5. The User undertakes to immediately (i.e. right after the moment of discovery) inform PDB about any unusual, suspicious, unclear or abnormal changes on his/her Account. In case of late informing or non-informing the User will be liable for the breach of the Terms of Use and PDB will have the right to take any further steps accordingly, including but not limited to report to the relevant state authorities.

3.6. The User agrees that, whenever the Transaction is made, the PDB Platform sends and receives trade Transaction to/from the Buyer's and the Seller's Accounts opened in their name and on their behalf.

3.7. The User is responsible for safely storing any passwords, for choosing complex and difficult to decipher passwords, to ensure inviolability of the User’s account and undertakes to notify PDB immediately of any unauthorized use of his/her Account or password, or any other breach of security by email addressed. Any User who violates the mentioned rules may be terminated, and thereafter held liable for any losses incurred by PDB or any user of the Site.

3.8. The User undertakes not to use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, financing terrorist organizations, or malicious hacking.

3.9. The User is responsible for any and all damages caused and all liability actions brought against PDB for infringement of any third party rights or violation of any applicable laws.

3.10. Nothing in the Terms of Use excludes or limits the liability of the User for fraud, death or personal injury caused by their negligence, breach of the terms implied by operation of law or any other liability which may not be limited or excluded by law.

3.11. Users are solely responsible for determining whether any contemplated Transaction is appropriate for them based on their personal goals, financial status and risk willingness.

3.12. All added Trading instruments to your Account, be it a Exchange account, or others must be named after the Account holder. Any attempt otherwise will be considered as fraud.

3.13. The User acknowledges that it shall be responsible for all Orders and instructions provided; the accuracy of all information sent via the internet in the User's name; and passwords and any other personal identification means implemented to identify the User.

3.14. The User acknowledges that PDB may refuse to act upon any instruction from a Client or any person authorized by the User if PDB reasonably believes that the transaction, pursuant to the instruction submitted, will be in violation of e.g. Market Rules, usual market practice, and/or applicable law, including, but not limited to, legislation on money laundering and insider trading.

4. The user's representations and warranties

4.1. By registering an Account, the User expressly represents and warrants that he/she:

  • follows the rules and laws in his/her country of residence and/or country from which he /she accesses this Site and Services;
  • has accepted these Terms of Use;
  • is at least 18 years old and has the right to accept these Terms of Use and participate in transactions involving cryptocurrencies;
  • is of sound mind capable of taking responsibility for their own actions;
  • is not a politically exposed person and does not have a relationship (e.g. relative, associate etc.) with a politically exposed person. If this statement is untrue or inaccurate, please contact PDB at help@pdb.fund in order to understand how to continue using the Services;
  • is not investing or using money through the platform that originated in any way through drug trafficking, abduction, terrorist activity or any other criminal activity that is unlawful or could be considered unlawful by any relevant authority;
  • shall comply with all local regulative provisions, restrictions and law in their country of residence and that they have verified that their use of the Services does not violate any such laws or regulations of any jurisdiction that applies to them.   

4.2. The User represents and warrants that he/she will only use the Platform to perform Transactions in accordance with the conditions set forth in these Terms and that they are duly authorised and have the capacity to enter the Transactions on the Platform.

4.3. The User represents and warrants that cryptocurrency sends to the Account belong to the User and derived from legal sources.

4.4. The PDB system does not take money to trust management and has no rights to manage the client’s assets.

4.5. The User represents and warrants that all Transactions being carried out do not violate the rights of any third party or applicable laws.

5. PDB's rights and responsibilities

5.1. PDB provides execution-only services to the User unless otherwise agreed.

5.2. PDB accepts no obligation to provide advice, surveillance, information or recommendations in respect of any Instrument or Service. Any information provided on the Site is for information and does not constitute legal or investment advice.

5.3. PDB accepts no obligation to provide any advice to the User on any tax related matters. PDB encourages the User to obtain independent advice from its financial advisor, auditor and/or legal counsel with respect to tax implications of the respective Services.

5.4. PDB shall have the right to refuse any User Orders including to buy or sell Transaction.

5.5. PDB shall have the right to reduce the size of the User’s Transaction.

5.6. PDB may act as a Market Maker in certain PDB Assets.

5.7. PDB, when acting as a Market Maker, may quote the User bid and ask prices. Notwithstanding this, the User agrees that PDB has no obligation to quote prices to the User at any time in any given market, nor an obligation to quote prices with a specific maximum spread to the User.

5.8. PDB may, at PDB's absolute discretion, open any trading position for User with the intention to obtain trading profits from such positions for User.

5.9. PDB, as Market Maker, may hold positions that are opposite to positions of the User, resulting in potential conflicts of interest between PDB and the User

5.10. PDB does not guarantee any maximum or minimum quotable spreads on PDB Assets.

5.11. PDB has the right to suspend the User's Account and block all Assets contained therein in case of non-fulfilment or unduly fulfilment of the Terms of Use by the User or at any other time at PDB’s discretion, without providing prior notice

5.12. PDB undertakes to provide the Services with the utmost effort, due care and in accordance with these Terms of Use.

5.13. PDB's responsibility shall be limited to using reasonable technical efforts to ensure the receipt of the cryptocurrency transferred. When initiating cryptocurrency transactions to a user who is not the PDB User, PDB responsibility shall be further limited to ensuring the transfer of the necessary technical data to the cryptocurrency network.

5.14. To the fullest extent permitted by law, PDB is not responsible for any damages, unless the loss suffered is caused by a direct breach of the Terms of Use by PDB. In no circumstances is PDB responsible for loss of profit, loss of revenue, loss of business, loss of opportunity, loss of data, indirect or consequential loss

5.15. PDB is not responsible for any malfunction, breakdown, delay or interruption of the Internet connection or any reason why our site is unavailable at any given time.

5.16. PDB is not responsible for the delay in the processing of payments made by the fault of any third parties, operators of such transactions.

5.17. In the case of fraud, PDB undertakes to report all the necessary information, including names, addresses and all other requested information, to the relevant authorities dealing with fraud and breaches of the law. The Users recognize that their account may be frozen at any time at the request of any competent authority investigating a fraud or any other illegal activity.

5.18. Nothing in these terms excludes or limits the responsibility of PDB for fraud, death or personal injury caused by their negligence, breach of the terms implied by operation of the law or any other liability which may not be limited or excluded by law.

6. PDB representations and warranties

6.1. PDB shall provide the Services with reasonable care and skill and in accordance with these Terms of Use.

6.2. All buy and sell orders made on the Platform, will be managed in an anonymous manner so that Buyers and Sellers are not acquainted with each other. The Transaction Price is calculated on the basis of actual matched orders made by the Buyers and Sellers participating in the bidding process on the Platform.

6.3. PDB represents and warrants that once the orders to buy or sell Cryptocurrencies have been placed, such orders may not be cancelled or reversed.

7. Intellectual property rights

7.1. All content on this Site is the property of PDB and is protected by copyright, patent, trademark and any other applicable laws, unless otherwise specified hereby.

7.2. The trademarks, trade names, service marks and logos of PDB and others used on the Site (hereinafter the “Trademarks”) are the property of PDB and its respective owners. The software, applications, text, images, graphics, data, prices, trades, charts, graphs, video and audio materials used on this Site belong to PDB. The Trademarks and other content on the Site should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected or distributed in any form or by any means, whether manual or automated. The use of any content from the Site on any other site or a networked computer environment for any other purpose is strictly prohibited; any such unauthorized use may violate copyright, patent, trademark and any other applicable laws and could result in criminal or civil penalties.

8. The user verification

8.1. Identification and verification procedures (also known as 'Know Your Customer' or 'KYC') are required for all the Transactions. If the User refuses to provide required documents and information under KYC, PDB reserves the right to immediately terminate the Services provision to the User.

8.2. The User undertakes to provide PDB with correct and relevant documents and personal information contained therein. In case the User provides counterfeit documents and false personal information, such behaviour will be interpreted as a fraudulent activity.

8.3. The User hereby authorise PDB to, directly or indirectly (through third parties), make any inquiries we consider necessary to check the relevance and accuracy of the information provided for verification purposes.

9. Account maintenance

9.1. The Site is for the User's personal and non-commercial use only. PDB is vigilant in maintaining the security of the Site and the Service. By registering with PDB, the User agrees to provide PDB with current, accurate and complete personal information as prompted by the registration process and to keep such information updated.

9.2. The User is allowed to register any Accounts on the Platform. Thus, any additional Account may not be suspended.

9.3. The User agrees that he/she will not use any Account other than their own or access the Account of any other User at any time, or assist others in obtaining unauthorized access.

9.4. The PDB system will not accept Fiat or BTC as deposits or as payments for its services.

9.5. The User is responsible for maintaining the confidentiality of information on their Account, including, but not limited to their password, email, wallet address, wallet balance and of all activities including Transactions made via their Account. If there is any suspicious activity related to the User's Account, PDB may request additional information from the User, including authenticating documents and freeze the Account for the review time. The User is obligated to comply with these security requests or accept termination of their Account.

9.6. Creation or use of the Accounts without obtaining a prior express permission from PDB will result in the immediate suspension of all respective Accounts, as well as all pending buy/sell orders. Any attempt to do so or to assist others (Users or other third parties), or distribution of instructions, software or tools for that purpose will result in termination of such Users' Accounts. Termination is not an exclusive remedy for such a violation and PDB may decide to take further action against the User.

9.7. In case it has been more than twelve (12) months since the User signed in with his/her Account or made the Funds asset deposit, PDB has the right to qualify this Account as abandoned.

10. Transactions

10.1. The Platform allows the User to submit the Orders to buy or sell Cryptocurrencies and to engage in Automated Trading.

10.2. The User recognizes that the Order should only be submitted after careful consideration and the User understands and accepts consequences of its execution. The User agrees that as soon as the Order is executed, such transaction is irreversible and may not be cancelled. Transactions will be executed instantly upon the matching of the Buyer's and the Seller's Orders without prior notice to the Seller and the Buyer and will be considered to have taken place at the execution date and time. The User acknowledges that only the Trade Confirmation made available to the User constitutes PDB's confirmation of the execution of a Contract or order. Confirmation by the PDB Platform itself, when the User transmits instructions via the PDB Platform, does not constitute confirmation of the execution of or order. The User acknowledges and accepts that Limit Orders and Stop Orders are not guaranteed executable at the price or amount specified by the User.

10.3. Minimum and maximum order amount vary for each trading pair.

10.4. The PDB system cannot exactly predict market behavior. Therefore, all signals on trade transactions or/and send trade transactions have unpredictable efficiency.

10.5. The PDB system gets permissions to trade through the API of cryptocurrency exchange.

10.6. Unverified users are not allowed to any transaction from their Account.

10.7. The User shall be responsible for (i) all orders and instructions provided; (ii) the accuracy of all information sent via the internet in the Client's name; and (iii) passwords and any other personal identification means implemented to identify the Client.

10.8. In case if the User discovers transaction activity, on their Account that was not initiated by the User, the User shall immediately notify PDB of this fact and follow the instructions sent by PDB. Otherwise, PDB reserves the right to freeze the Account until the end of investigation.

10.9. PDB may be forced to cancel or recall any suspicious Transaction. In such cases the User obliges to cooperate with PDB in order to discover the reasons for such request.

11. Fees policy

11.1. The PDB system does not charge any fees for its services.

12. Rounding policy

12.1. For all financial calculations PDB uses the rounding policy in the favour of the Platform. PDB rounds the Fiat currencies to the 2nd digit after the separator. The Rounding policy for cryptocurrencies varies depending on cryptocurrency.

12.2. For the purpose of the processes optimization, transactions on the Platform with regard to some items (including, but not limited to currencies, crypocurrencies, etc.) will not be reflected at the User's Account and will appear as soon as a unit is whole in accordance with the rounding standards.

13. Illegal transactions

13.1. PDB reserves the right to suspend or terminate your PDB Account at any time if we believe there is reasonable basis to be required to do so by the law or in order to comply with recommendations issued by a relevant government authority or recognized body for the prevention of financial crime.

13.2. It is strictly forbidden to use the Account for any illegal purposes. PDB will report any suspicious activity to the relevant law enforcement.

13.3. The User shall ensure that they do not use the Services for the transactions relating to:

  • money laundering, terrorist financing, proliferation of weapons of mass destruction;
  • human trafficking;
  • any goods or services that are illegal or the promotion, offer or marketing of which is illegal or that are offered in connection with illegal, obscene or pornographic content, depict children or minors in sexual postures, depict means of propaganda or signs of unconstitutional organisations glorifying war or violating human dignity;
  • any goods or services, promotion, offer or marketing of which would violate copyrights, industrial property rights or other rights of any person;
  • archeological findings;
  • drugs, narcotics or hallucinogens;
  • weapons of any kind;
  • illegal gambling services;
  • Ponzi, pyramid or any other “get rich quick” schemes;
  • goods that are subject to any trade embargo;
  • media that is harmful to minors and violates laws and, in particular, the provision in respect of the protection of minors;
  • body parts or human remains;
  • protected animals or protected plants;
  • weapons or explosive materials; or
  • any other illegal goods, services or transactions.

14. Account security

14.1. The User is responsible for maintaining the confidentiality of their Account's credentials, including, but not limited to a password, email, wallet address, balance and of all activity including Transactions made through the Account.

14.2. PDB personnel will never ask the User to disclose their password. Any message the User receives or website that he/she visits that asks for the password, other than the PDB Site, should be reported to PDB. If the User is in doubt whether a website is genuine, it is required to ensure the website is EV SSL compliant (Security Certificate Validation is shown in the address bar of a web browser).

14.3. It is advisable to change the User's password regularly (at least every three (3) to twelve (12) monthss) in order to reduce the risk of a security breach in relation to the Account. PDB also advises the User not to choose a password that is easily guessed from information someone might know or gather about the User or a password that has a meaning. The User must never allow anyone to access his/her Account or watch the User accessing his/her Account.

14.4. If the User has any security concerns about his/her Account, login details, password or other security feature being lost, stolen, misappropriated, used without authorization or otherwise compromised, the User is advised to change the password. The User must contact Support Service without undue delay on becoming aware of any loss, theft, misappropriation or unauthorized use of the Account, login details, password or other security features. Any undue delay in notifying PDB may not only affect the security of the Account, but may result in the User being liable for any losses as a result. If the User suspects that someone else accessed his/her Account, the User should also contact an appropriate government agency and report the incident.

14.5. The User must take reasonable care to ensure that his/her e-mail account(s) are secure and only accessed by the User, as his/her e-mail address may be used to reset passwords or to communicate with the User about the security of the Account.

14.6 PDB cannot be liable for the breaching of an e-mail account resulting in unauthorized transactions executed with proper confirmation. In case any of the e-mail addresses registered with the User's Accounts are compromised, the User should without undue delay after becoming aware of this contact Support Service and also contact his/her e-mail service provider.

14.7. Irrespective of whether the User is using a public, a shared or his/her own computer to access the Account, the User must always ensure that his/her login details are not stored by the browser, cached or otherwise recorded. The User should never use any functionality that allows login details or passwords to be stored by the computer he/she is using.

14.8. Additional products or services the User uses may have additional security requirements and the User must familiarize with those as notified to him/her.

15.1. The User may terminate the Terms of Use and close their Account at any time, following settlement of any pending transactions.

15.2. The User also agrees that PDB may, by giving notice, at its sole discretion terminate his/her access to the Site and to his/her Account, including without limitation, our right to: limit, suspend or terminate the service and the Users' Accounts, prohibit access to the Site and its content, services and tools, delay or remove hosted content and take technical and legal steps to keep the Users off the Site if we think that they are creating problems or possible legal liabilities, infringing the intellectual property rights of third parties or acting inconsistently with the letter or spirit of these Terms. Additionally, we may, in appropriate circumstances and at our discretion, suspend or terminate Accounts of Users for any reason, including without limitation: (1) attempts to gain unauthorized access to the Site or another User's account or providing assistance to others' attempting to do so, (2) overcoming software security features limiting use of or protecting any content, (3) usage of the Service to perform illegal activities such as money laundering, illegal gambling operations, financing terrorism, or other criminal activities, (4) violations of these Terms of Use, (5) failure to pay or fraudulent payment for Transactions, (6) unexpected operational difficulties, or (7) upon the request of law enforcement or other government agencies, if deemed to be legitimate and compelling by PDB, acting at its sole discretion.

15.3. PDB also reserves the right to cancel unconfirmed Accounts or discontinue our Site or Service. The User agrees that PDB will not be liable to them or to any third party for termination of their Account or access to the Site.

16. Services availability

16.1. All Services are provided “AS IS”, without guarantees of any kind, either expressed or implied.

16.2. PDB will strive to keep the Site up and running; however, all online services suffer from occasional disruptions and outages and PDB is not liable for any disruption or loss the User may suffer as a result. Thus, PDB does not provide any guarantees that access to the Site will not be interrupted or that there will be no delays, failures, errors, omissions or loss of transmitted information.

16.3. PDB will use reasonable endeavors to ensure that the User can normally access the Site in accordance with the Terms of Use. PDB may suspend use of the Site for maintenance and will make reasonable efforts to give the User a notice. The User acknowledges that this may not be possible in an emergency.

17. Api and mobile applications

17.1. API requests are limited to 500 requests per 10 minutes.

17.2. PDB may provide mobile applications (“mobile apps”), which can be used to get an access to the Account. The use of these mobile apps is the subject to these Terms of Use.

18. Financial or legal advice

18.1. PDB does not provide any financial, investment or legal advice in connection with the Services provided by PDB. PDB may provide information on the price, range, volatility of Cryptocurrencies and events that have affected the price of Cryptocurrencies, but it should not be considered as an investment or financial advice and should not be construed as such. Any decision to buy or sell Cryptocurrencies is the User's decision and PDB will not be liable for any loss suffered.

19. Taxation

19.1. The User undertakes to pay all his/her taxes and duties, which can be resulted from the use of PDB Services and should be paid according to the User's state of residence regulations.

19.2. PDB is not responsible for any violation made by the User due to his/her obligation to calculate and pay taxes and duties.

19.3. The User acknowledges that PDB does not provide any advice to the User on any tax related matters. PDB encourages the User to obtain independent advice from its financial advisor, auditor and/or legal counsel with respect to tax implications of the respective Services. (10)

20. Notices and communication

20.1. PDB reserves the right to send notices to, and communicate with the User by any means of communication available to PDB, considering the contact details provided by the User.

20.2. The User expressly agrees to receive any notices in electronic form and to be bound by them, if so is required by the Terms of Use.

20.3. The main official information channel of PDB is the Twitter: https://twitter.com/PDB and Medium blog: https://medium.com/PDB.

21. Limitation of liability

21.1. In no event shall pdb, its officers, directors, employees, agents, and all third party service providers be liable to the user or any other person or entity for any direct, indirect, incidental, special, punitive or consequential damages whatsoever, including any that may result from (i) accuracy, completeness or content of this site, (ii) accuracy, completeness or content of any sites linked (through hyperlinks, banner advertising or otherwise) to this site, (iii) the services found at this site or any sites linked (through hyperlinks, banner advertising or otherwise) to this site, (iv) personal injury or property damage of any nature whatsoever, (v) third-party conduct of any nature whatsoever, (vi) any unauthorized access to or use of our servers and/or any and all content, personal information, financial information or other information and data stored therein, (vii) any interruption or cessation of services to or from this site or any sites linked (through hyperlinks, banner advertising or otherwise) to this site, (viii) any viruses, worms, bugs, trojan horses or the like, which may be transmitted to or from this site or any sites linked (through hyperlinks, banner advertising or otherwise) to this site, (ix) any user content or content that is defamatory, harassing, abusive, harmful to minors or any protected class, pornographic, obscene or otherwise objectionable and/ or (x) any loss or damage of any kind incurred as a result of the user's use of this site or the services found at this site, whether based on warranty, contract, tort or any other legal or equitable theory and whether or not pdb is advised of the possibility of such damages. In addition, you specifically acknowledge and agree that any cause of action arising out of or related to this site or the services found at this site must be commenced within one (1) year after the cause of action accrues, otherwise such cause of action shall be permanently barred. In addition, the user specifically acknowledges and agrees that in no event shall pdb's total aggregate liability exceed the total amount paid by the user for the particular services that are the subject of the cause of action. The foregoing limitation of liability shall apply to the fullest extent permitted by law and shall survive any termination or expiration of this agreement or the user's use of this site or the services found at this site.

21.2. The PDB will not be liable for the Transactions, initiated by the User.

22. Indemnity

The User agrees to protect, defend, indemnify and hold harmless PDB and its officers, directors, employees, agents and third party service providers from and against any and all claims, demands, costs, expenses, losses, liabilities and damages of every kind and nature (including, without limitation, reasonable attorneys' fees) imposed upon or incurred by PDB directly or indirectly arising from (i) the User's use of and access to this Site or the Services found at this Site; (ii) the User's violation of any provision of the Terms of Use or the policies or agreements which are incorporated herein; and/or (iii) the User's violation of any third-party right, including without limitation any intellectual property or other proprietary right. The indemnification obligations under this section shall survive any termination or expiration of the Terms of Use or the User's use of this Site or the Services found on this Site.

23. Modifications and amendments

PDB reserves the right to amend or modify any portion of these Terms of Use at any time by publishing the revised version of the Terms of Use on the Site. The changes will become effective and shall be deemed accepted by the User, the first time the User uses the Services after the publishing of the revised Terms of Use and shall apply on a going-forward basis with respect to any activity initiated after publishing. In the event that the User does not agree with any such modification, the User's sole and exclusive remedy is to terminate the use of the Services and close the Account. The User agrees that PDB shall not be liable to the User or any third party as a result of any losses suffered by any modification or amendment of these Terms of Use.

24. The compelling force events

If PDB is unable to perform the Services outlined in the Terms of Use due to factors beyond its control including but not limited to the event of compelling force, change of law or change in sanctions policy, PDB will not have any responsibility to the User with respect to the Services provided hereunder and for a time period coincident with the event.