BHY PAY White Paper
365 Day Counseling Service
BHY PAY 백서
Chapter 1 General Rules Article 1 (Purpose) The purpose of this Agreement is to prescribe the rights obligations, responsibilities, and other necessary matters between the Company and its members regarding the conditions and procedures of use of all services provided by BHY COIN (hereinafter referred to as the Company). Article 2 (Specification, Description and Amendment of Terms and Conditions) 1. The contents of these terms and conditions shall be effective by posting them on the company's service membership-related website or by other means, and by agreeing to these terms and conditions when the user joins as a member. 2. The company may amend these terms and conditions to the extent that they do not violate the relevant laws, such as the 'Act on Regulation of Terms and Conditions' and 'Act on Promotion of Information and Communication Network Utilization, Information Protection, etc.' 3. If the company revises the terms and conditions, it shall notify the date of application and the reason for the revision of the terms and conditions on the initialization page, pop-up screen, or notice of the company's site from 7 days before the application date. However, in cases of adverse or serious changes to the member, the member shall be notified 30 days before the application date. 4. If the company announces the revised terms and conditions in accordance with the previous paragraph and clearly notifies the members that if they do not express their intention within the seven-day period, the members agree to the revised terms and conditions. 5. If a member expresses his/her explicit intention to disagree with the application of the revised terms and conditions, the company shall not apply the contents of the revised terms and conditions, and in such cases, the member may terminate the contract. However, if there are special circumstances in which the existing terms and conditions are not applicable, the company may terminate the service contract. Article 3 (Other than the Terms and Conditions) In addition to these terms and conditions, the company may determine separate notices, individual terms and conditions, individual agreements, usage guidelines, operation policies, detailed instructions (hereinafter referred to as 'detailed instructions') and notify or obtain consent from the members. Matters or interpretations not prescribed in these terms and conditions shall be governed by 'Detailed Guidelines' and relevant statutes or correlations. Article 4 (Definition of Terms) The terms used in these terms and conditions are defined as follows: 1. Member: A person who approves these terms and conditions and enters into a service use contract with the company by signing up for the membership. 2. ID : refers to the e-mail address or mobile phone number registered by the member for identification and service use. 3. Password: The combination of letters and numbers approved by the company to verify the members' identities and protect the members' information. Chapter 2 Application and acceptance for use of services (Membership and withdrawal) Article 5 (Formation of a contract for use) 1. Users apply for membership by stating that they agree to these terms and conditions after filling out the membership information according to the registration form determined by the company. 2. Membership shall be made at the time when the company's acceptance reaches the members. 3. The contract for use shall be concluded by member ID. Once the service contract is established, the applicant will be registered as a member. 4. Members who are not real names or who are falsely subscribed by stealing personal information such as other people's names and phone numbers shall not receive legal protection, and all civil and criminal responsibilities shall be borne by the subscribed members. 5. Under 19 years of age restricts the use of services related to virtual asset transactions provided by the company. 6. Service use may be restricted if the user is a citizen, citizen, permanent resident, resident, etc. of an unfulfilled or uncooperated country or region announced by the Financial Action Task Force (FATF), and the member warrants the following: A. It shall not be citizens, citizens, permanent residents, residents, etc. of countries that are not implemented or cooperated on international standards. B. Do not use services while staying in a country that is not implemented or cooperated with international standards. 7. In an application under paragraph 1, the company may, if necessary, request real-name verification and self-certification through a specialized institution according to the types of users under the relevant statutes. If the company refuses to provide such a request, the company shall not be held responsible for any disadvantages caused by the failure of the user's identification. Article 6 (Application for Use) 1. Consent to the use of member information A. The company uses the members' personal information for the purposes of implementing this service contract and providing services under this service contract. B. Membership information may be provided to the companies affiliated with the company in order to make it easier for the members to use the services affiliated with the company. However, before providing member information, the company shall notify the affiliates, the purpose of the provision, the details of the member information to be provided in advance and obtain consent from the members. C. Members can access and modify personal information at any time through modifying member information. D. If a member enters the member's information in the application form and applies to the company pursuant to these terms and conditions, it is deemed that the company agrees to collect, use and provide the member's information listed in this application. 2. Acceptance of application for use A. If a member applies for use by accurately filling out all the requirements in the company's prescribed application form, he/she may accept the membership. However, in the case of subparagraphs 2 and 3, the company may withhold or refuse to accept. B. The company may withhold acceptance of applications for use falling under any of the following: 1) If there is no room for facilities 2) In case of technical difficulties 3) Other cases where it is difficult to accept the use of the product due to the company's circumstances C. The company may not accept applications for use falling under any of the following: 1) If the name is not a real name, 2) When an application is made using someone else's name. 3) In case an application is made by falsely stating the necessary details when applying for use; 4) Where an application is made for the purpose of undermining the welfare order or the customs of society; 5) When there are insufficient parts in the requirements for application for use determined by the company. Article 8 (Suspension and Termination of Use Agreement) 1. The contract for use is terminated by termination of a member or company. A. When a member intends to terminate a service contract, he/she shall transfer all of his/her assets (virtual assets and KRW points) to the outside and apply for cancellation to the company. B. If a member falls under the following reasons, the company may limit the use of the service or terminate the service contract after a considerable period of time: - If another person's service ID and password are stolen. - In case of deliberately obstructing the operation of the service; - If the name you joined is not your real name - When a member uses a service for the purpose of hindering the social public interest; - In the event of an act that damages or disadvantages the reputation of others; - A large amount of information is transmitted or advertising information is transmitted for the purpose of interfering with the stable operation of the service. - In the case of distributing computer virus programs that cause malfunction of information and communication facilities or destruction of information, etc. - In case of fraudulent use of other people's personal information, user ID, and password; - In case information obtained by using the company's service information is reproduced, distributed, or commercially used without prior consent from the company; - If the same user has double registered with a different ID - Infringement of intellectual property rights of the company, other members or third parties; - If there is a request for correction by an external institution, such as the Korea Communications Review Committee, or if there is an interpretation of the electoral authority in connection with illegal election campaigns. - When collecting, storing, and disclosing personal information about users without their consent; - Where it is objectively determined that a member's use of services is related to a crime; - When a virtual asset is traded on behalf of another person for the purpose of earning profits such as fees; - Where a member's actions violate other relevant statutes; 2. Service suspension or restriction procedures A. If the company intends to restrict the use of the service, it shall notify the relevant member or agent by using the method such as writing (including e-mail), telephone, and message functions on the website. B. However, if the company deems it necessary to discontinue the service urgently, it may restrict the use of the service without the process referred to in the preceding paragraph. C. A member or his/her representative who has been notified of the suspension of the service may file an objection if there is an objection to the suspension of the service. D. The company shall immediately release the suspension action only when it is confirmed that the reason for the suspension has been resolved during the suspension period. 3. Termination of service contract A. After the company suspends or restricts the use of the service, the company may terminate the service contract if the same act is repeated more than twice or the reason is not corrected within 30 days. B. If the company cancels the service contract, the membership registration will be canceled. In such cases, the company notifies the members of the event and gives them an opportunity to explain before the cancellation of the membership registration. Article 9 (Change of Member Information) 1. Members can access and modify their personal information at any time through the personal information correction screen. However, it is not possible to modify the real name, date of birth, gender, ID, etc. necessary for service management. 2. If the matters stated in the membership application are changed, the member shall modify them online or notify the company of the changes by e-mail or other means. 3. The company shall not be responsible for any disadvantages caused by not informing the company of the changes referred to in paragraph 2. Chapter 3 Obligations of Members Article 10 (Member's obligation to manage member IDs and passwords) 1. All management responsibility for ID and password lies with the member. The member shall be responsible for all the results caused by the management and misuse of IDs and passwords granted to the member, and the company shall not be responsible for them. However, this shall not apply to cases where the company intentionally or negligently results from the company. 2. If a member finds out that his/her ID has been used illegally, he/she must notify the company and follow the company's instructions. 3. In the case of paragraph 2, the company shall not be responsible for any disadvantages caused by failure to comply with the company's instructions even if the member does not notify the company of such fact or notify the company. Article 11 (Provide Information) The company can provide information on the following services for convenience of use and products by means of wired and wireless phones, e-mail, text service (LMS/SMS), SNS, etc. In this case, the member can refuse to receive it at any time. 1. Services related to virtual asset transactions 2. Services related to events, events, etc. 3. Other services that are frequently determined and provided to members by the company Chapter 4 General Rules for Service Use Article 12 (Type of Service) 1. Types of services provided by the company include intermediation of transactions of virtual assets (including provision of transaction APIs, retrieval of market information), deposit, withdrawal, storage, stocking, and contents (mall of gift certificates, prepaid card) services. 2. The types of services provided by the company may be changed from time to time according to the company's circumstances, and copyright and intellectual property rights to the services provided shall be attributed to the company. 3. In relation to the service, the company only grants members the right to use accounts, IDs, services, points, etc. according to the conditions of use set by the company, and the member shall not provide similar services or engage in commercial activities. Article 13 (Announcement and modification of service contents) 1. Depending on the type of service, the company shall notify the characteristics, procedures, and methods of each service through the service screen, and the members shall understand and use the service. 2. The company may change all or part of the individual services it provides according to operational and technical needs when there is a substantial reason. In this case, the company notifies the user at least 7 days in advance. Article 14 (Maintenance and suspension of services) 1. In principle, the service shall be used 24 hours a day, 24 hours a day, 24 hours a day, unless there is a particular problem with the company's business or technology. However, this does not apply to the date or time determined by the company in advance of the need for regular inspections. 2. The company can divide the 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 service provision in any of the following cases: In this case, the company will notify you in advance of the suspension of service unless it is inevitable. A. Inevitable cases due to construction work, such as repair of service facilities; B. If the telecommunication service is suspended by the telecommunication service provider prescribed by the Telecommunication Business Act; C. In the case of services provided by a third party of an affiliate, etc., other than services directly provided by the company, a third party of an affiliate, etc., stops the service; D. Where there are other force majeure reasons; 4. The company may restrict or suspend all or part of the services in case of a state of emergency, power outage, failure of service facilities, or explosion of service use. Article 15 (Restriction on the use of payment by members) 1. The company may restrict the use of payment by members in any of the following cases: A. Where the seller and the buyer are judged to be the same person; B. Where requested by the provider and issuer of the payment service; 2. In the above cases, the company shall notify the members of the details through a website notice, etc. 3. If the reason for the restriction overlaps, the termination can be processed only if all the restriction conditions are met. Article 16 (Restriction on the use of deposits and withdrawals by members) 1. In any of the following cases, the company may restrict or delay the use of deposits and withdrawals by the members: A. If the member name of the subscription and the name of the depositor are deposited differently, B. In case of exceeding the scope of the right to use the service determined by the company; C. Where there is a provision of information that a member's account is suspected of being used for illegal activities by a national and financial institution, such as the police, the National Tax Service, etc. 2. In the above cases, the company shall notify the members of the details through a website notice, etc. 3. If the reasons for the restriction and delay of use overlap occur, the cancellation can be processed only if the release conditions requested by the administrator or operator are met. Article 17 (Restriction on the Use of Transaction Services) 1. Block Login A. Reason for limitation 1) Where a member has a request from himself/herself, 2) If the identification process fails, 3) In case of a request from a state agency or financial institution, etc. 4) If the security password is entered incorrectly five times in a row. 5) Where there is a reasonable doubt about or related to a crime or financial accident such as voice phishing; bB. Solved. 1) Solving the contents of the reason for limitation 2) Reason 4) for restriction is terminated after identification. 2. Block withdrawal A. Reason for limitation 1) Where a member is a minor; 2) Where a member has a request from himself/herself, 3) In case of a request from a state agency or financial institution, etc. 4) In the case of requesting the first withdrawal of a virtual asset purchased in KRW after joining, provided that it is blocked for 72 hours from charging KRW. 5) In case KRW is charged more than three times for 24 hours. However, it is blocked for 72 hours from the third round of KRW charging. 6) In the event of a reasonable doubt on or relating to a crime or financial accident such as voice phishing; 7) A person who has acquired KRW or virtual assets without legal cause; B. Solved. 1) Solving the contents of the reason for limitation 2) 4)~6) can be canceled after visiting the offline customer center and confirming their identity. Chapter 5 Privacy Article 18 (Protection of Personal Information) The company shall endeavor to protect the members' personal information as prescribed by the relevant statutes. The members' personal information is used only within the purpose and scope agreed by the members for the smooth provision of services. The company shall not provide the personal information of the members to a third party unless otherwise agreed by statute or the members, and details thereof shall be determined in the Personal Information Processing Policy. Chapter 6 Compensation and Immunity Clause Article 19 (Company's indemnity and damages) 1. The company shall not guarantee any matters not specified in these terms and conditions regarding the service. 2. If the company is unable to provide services due to natural disasters, DDos attacks, IDC failures, server down due to a surge in service access, or other force majeure reasons such as line failures of the service provider, the company will be exempted from responsibility for providing services 3. However, this shall not apply to cases where there is intentional or negligence of the company. 4. The company shall not be held responsible if it inevitably fails due to blockchain problems, defects in the virtual asset issuance management system itself, technical problems, poor communication service provider, regular server inspection, etc. However, this shall not apply to cases of intention or negligence of the company. 5. The company shall not be responsible for any service failure or consequences caused by the reasons attributable to the members. However, this shall not apply if the company intentionally or wrongly or if the member has a justifiable reason. 6. The company shall be exempted from responsibility in the event of transactions, etc. between members or between members and third parties. However, this shall not apply to cases where there is intentional or negligence of the company. 7. The Company shall not be held liable for the use of services provided free of charge unless there is a special provision in the relevant Act or the Company's intention or negligence. Article 20 (Court and Compliance Act) The terms and conditions of this service are regulated and interpreted in accordance with the laws of Korea, and if a lawsuit is filed between the company and its members regarding the use of the service, such as the company's rate system, the laws of Korea shall apply. In the case of a lawsuit between the company and its members in connection with the use of the service, the court in accordance with the procedures prescribed by the statute shall be the competent court. Attachment These terms and conditions come into force on May 7, 2021.
Consent to collecting and using personal information You may refuse to accept the collection/use of personal information, and if you refuse, you may be restricted from signing up for membership. However, the service can be used even if you refuse to collect/use personal information for marketing and advertising. Purpose of use and collection of personal information BHY COIN (hereinafter referred to as 'Company') collects and uses customer's personal information through its website and mobile for the following purposes: 1. Sign-up and management A. For domestic users, ① name, ② ID, ③ password, ④ mobile phone number, ⑤ email address, ⑥ country of origin, ⑦ security password, ⑧ residence (address), ⑨ date of birth, ⑩ gender are collected. B. For overseas users, ① name, ② ID, ③ password, ④ alien registration number, ⑤ mobile phone number, ⑥ email address, ⑦ country of origin, ⑧ security password, ⑨ residence (address) are collected. C. For corporate customers, ① company name, ② representative name, ③ business registration number, ④ representative phone number, and ⑤ business address are additionally collected. 2. Normal use of self-certification and service A. The following information will be collected for payment/deposit and level increase. 1) Individual member: ①Name, ②Date of birth, ③Gender, ④Account number (account holder), ⑤Picture of the person holding identification card (name, date of birth, other information masked), ⑥Cell phone identification (name, date of birth, mobile phone number) , ⑦ ID card (resident registration card, driver’s license, passport) (masking other information other than name and date of birth), ⑧ pledge (member name, mobile phone number, bank account number, account number), ⑨ copy of resident registration (masking other information other than name and date of birth), □Public institution fee payment statement (name, address (residence)) ⑩ Link information (CI) ⑪ Duplicate subscription confirmation information (DI) 2) Corporate member: ①Name, ②Date of birth, ③Gender, ④Account number (account holder), ⑤Picture of person holding identification card (name, date of birth, other information masked), ⑥Cell phone identification (name, date of birth, mobile phone number) , ⑦ ID card (resident registration card, driver's license, passport) (name, date of birth, etc.) The company will destroy it without delay after the purpose of collection and use of personal information has been achieved or upon withdrawal from membership. If necessary, the company keeps personal information for a certain period as dictated by relevant laws and regulations. Information masking), ⑧ pledge (member name, mobile phone number, account bank, account number), ⑨ certified copy of corporate register (name, date of birth, etc.) Masking the rest of the information) , ⑩ Linkage information (CI), ⑪ Duplicate subscription confirmation information (DI) 3. Collection during service use process A. Collects the following information on security password, OTP initialization: 1) Personal information: ①Name, ②Account, ③Contact number 2) Proof document: ①Picture of person holding identification card (name, date of birth and other information masked) B. Access information (country of use, model, browser, connection IP, date) is collected during service use. C. In accordance with the use of other additional services, ① personal authentication (security password, 2ch authentication), ② mobile phone number are collected. Period of retention and use of personal information The company shall destroy the personal information without delay after the purpose of collecting and using it has been achieved or when members leave the company. However, if it is necessary to preserve it according to the provisions of the relevant statutes, the company shall keep personal information for a certain period of time as directed by the relevant statutes. - Records on contract or withdrawal of subscription: 5 years - Records of payment and supply of goods: 5 years - Records of consumer complaints or disputes: 3 years - Tax utility bill payment record: 5 years - Login history: 3 months - Records of displayed advertisements: 6 months