Mini Contract User Agreement

1. Summary
1.1 Mini Contracts are virtual asset derivative products launched by B9. B9 is responsible for the product design and management, as well as the operation and service of the trading platform. To use B9 Mini Contracts, you should read and comply with the "B9 Mini Contract User Agreement" (hereinafter referred to as "this Agreement"). Please carefully read and fully understand all the terms and conditions, and choose to accept or not accept this Agreement.
1.2 Your use of this service constitutes your acceptance of and agreement to be bound by this Agreement.

2. Eligibility to Use This Service
2.1 You acknowledge and confirm that
you agree to comply with the “B9 Terms of Service” and that you are eligible and not prohibited from using the “Service” as defined therein;
this Agreement does not conflict with the laws of your country or region; you are the legal owner of the virtual assets deposited into this Service and guarantee that the source of these virtual assets is legal.

2.2 You understand the risks of using this service, including but not limited to:
high price fluctuations of virtual assets and their derivatives may cause significant or total loss in a short period of time;
technical anomalies may occur, which may delay or prevent you from using this service;
market anomalies may occur, which may result in the loss of your virtual assets;

To maintain the overall health of the market, B9 needs to add, remove, or change policies from time to time. Such actions may benefit or harm individual customers like yourself.

2.3 You acknowledge that
you will not use this service for any illegal purpose.
You will not initiate or facilitate any form of market manipulation.

3.3 When you place an opening order and it is executed, a corresponding contract position will be established. When you place a closing order and it is executed, the corresponding position quantity will be deducted from your existing position. This service will provide you with real-time information about your positions and the value of your virtual assets and their derivatives.

3.4 Mini contracts are settled daily at 8:00, 16:00, and 24:00 (GMT+8). The settlement price is the latest mark price at the time of settlement. Users only need to pay or receive funding fees if they hold a position at that time. If the position is closed before the fee is charged, no funding fees are required.

3.5 At settlement time, users holding long and short positions need to pay each other's funding fees.
3.6 You should pay B9 a service opening fee for using this service.

4. Risk Control Rules
4.1 The B9Mini contract employs multiple mechanisms to control risk. Individual users are encouraged to use it reasonably to avoid triggering risk control measures and causing unnecessary losses.

5. Limitation of Liability
5.1 You acknowledge that you fully understand the rules and policies. B9 shall not be liable for any losses incurred by you if you misunderstand the rules and policies. In particular, to open or maintain your position, the amount of virtual assets you deposit as margin must meet specific requirements.
5.2 Your trading information is only accurate after settlement. Information displayed between two consecutive settlements is for reference only and cannot be guaranteed to be official results. If you operate using this information, you may incur losses. B9 shall not be liable for any such losses you may incur.

5.3 To comply with changes in laws or regulations, or to maintain the overall health of the market, B9 will, at its sole discretion, change its policies or implement emergency rules from time to time. Such changes or implementations may result in your account being temporarily unable to access this service. We advise you to pay close attention to platform policy and rule announcements to avoid losses. B9 shall not be liable for any losses incurred as described above.
5.4 B9 shall not be liable for damages if the system platform malfunctions due to the following circumstances, preventing you from using various services or making normal transactions. These circumstances include, but are not limited to:

A. During system downtime and maintenance as announced by the B9 platform;
B. When telecommunications equipment malfunctions and data transmission is impossible;
C. When the B9 platform system malfunctions and cannot perform its services due to force majeure events such as typhoons, earthquakes, tsunamis, floods, power outages, wars, or terrorist attacks.

D. Service interruptions or delays caused by reasons affecting the normal operation of the network, such as hacker attacks, computer virus intrusion or outbreaks, technical adjustments or malfunctions of telecommunications departments, website upgrades, problems with banks, or temporary shutdowns due to government regulations;
E. Losses caused by technical problems that cannot be predicted or resolved by the industry's existing technical capabilities;
F. Losses caused to you or other third parties due to the negligence or delays of third parties.

5.5 Due to unforeseen circumstances not attributable to B9, such as system failures, network issues, DDoS attacks, or other unforeseen events, which may lead to abnormal transactions, market data interruptions, or other abnormal situations, B9 reserves the right to cancel transactions or roll back transactions for a certain period, depending on the actual situation. B9 shall not be liable for any losses incurred by you as described above.

5.6 You understand that technical problems may occur unexpectedly. B9 shall not be liable for any loss caused by technical problems, including but not limited to:
failure, delay, interruption or other malfunction of connection to this service;
service stoppage, slowness, unresponsiveness or other malfunctions due to overload; or
malfunctions caused by the service's inability to correctly obtain necessary information from third parties via the Internet.

5.7 B9 strictly prohibits unfair trading practices. If you engage in any of the following activities, B9 reserves the right to take control of your account at its sole discretion:
participating in price manipulation, insider trading, market manipulation, market distortion, or any other malicious market behavior;
potentially harming other users or B9 by exploiting vulnerabilities in this service or other unreasonable means; or
participating in any other activities that B9 deems harmful to the market.

To eliminate any adverse impact on the overall health of the market, B9 reserves the right to take the following measures, including but not limited to closing your account, restricting, suspending and canceling trades, reversing trades, and/or returning the digital assets associated with the trade to the complainant. Under no circumstances will B9 be liable for any losses incurred as a result of taking the aforementioned measures.

6. Liability for Damages
6.1 You shall take all possible measures to protect B9 from any damages arising from your use of this Service or other actions related to your B9 account, otherwise you shall be liable to B9 for damages.

6.2 You hereby acknowledge and agree that you shall defend, indemnify, and use all means to hold B9 harmless from and against any claim or demand (including reasonable legal costs) arising out of or in connection with your breach of this Agreement, your improper use of B9's services, your violation of any law or infringement of any third party's rights, or any third party's actions or omissions in your authorized use of your B9 account or login to the B9 website, client, or system (including the network and servers used to provide any B9 services, whether such website, client, or system is operated by or for the purpose of providing B9 services to you).

7. Other
7.1 This Agreement also includes B9's various rules and regulations, other agreements or rules in the appendices to this Agreement, and other relevant agreements and rules regarding this service that B9 may issue from time to time. Once officially published, the above content becomes an integral part of this Agreement, and you shall also abide by it. In the event of any conflict between the above content and this Agreement, this Agreement shall prevail.

7.2 B9 reserves the right to unilaterally amend the contents of this Agreement at any time without prior notice to you. If B9 unilaterally amends the contents of this Agreement, the changes will be immediately published on B9's website. Please check the website for the latest information. Your continued use of this service after the announcement of the changes will be deemed as your acceptance of the amendments. If you do not agree to the amendments, you should cease using this service.

7.3 You should carefully read this Agreement and any other related agreements, rules, etc., that constitute the content of this Agreement as mentioned in Clauses 7.1 and 7.2. If you have any questions about the above, please contact B9, who will provide reasonable and necessary explanations. Unless otherwise required by B9, you should contact B9 via email and transfer documents with B9 via email ("Formal Communication"). You may also contact B9 informally by telephone (Informal Communication).
7.4 The headings of all clauses in this Agreement are for convenience only and have no substantive meaning in themselves, and should not be used as the basis for interpreting the meaning of this Agreement.

Thank you for your support!
B9 Crypto Operations Team

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