1. Overview
1.1 Mini Contracts are virtual asset derivatives launched by EIGHT V TECHNOLOGY LTD. The 8V.com (“8V”) is responsible for product design, management, and the operation of the trading platform. To use 8V Mini Contracts, you must read and comply with this 8V Mini Contract User Agreement (hereinafter referred to as “this Agreement”). Please read carefully, fully understand the contents, and choose whether to accept this Agreement.
1.2 Your use of this service constitutes your acknowledgment that you have read and agreed to be bound by this Agreement.
2. Eligibility to Use This Service
2.1 You understand and confirm that:
- You have agreed to comply with the 8V Service Agreement, and you are eligible and not prohibited from using the “Services” defined therein;
- This Agreement does not conflict with the laws of your country or region;
- You are the lawful owner of the virtual assets deposited into this service, and you guarantee the legality of their sources.
2.2 You understand the risks of using this service, including but not limited to:
- The high volatility of virtual assets and their derivatives may cause significant or total loss in a short time;
- Technical abnormalities may occur, potentially delaying or preventing your use of this service;
- Market anomalies may occur, potentially causing losses to your virtual assets;
- To maintain overall market health, 8V may add, remove, or adjust policies from time to time. Such changes may benefit or adversely affect individual clients like you.
2.3 You acknowledge that:
- You will not use this service for any illegal purposes.
- You will not initiate or facilitate any form of market manipulation.
3. Use of This Service
3.1 This service provides you with real-time market depth and other information for your analysis.
3.2 You may place trading orders via web, client, or other means. Once executed, orders cannot be canceled or modified.
3.3 When your opening order is executed, a corresponding contract position will be established. When your closing order is executed, the corresponding position size will be deducted. This service provides real-time information regarding your positions and the value of your virtual assets and derivatives.
3.4 Mini Contracts are settled at 8:00, 16:00, and 24:00 (GMT+8) daily, using the latest mark price at settlement. Users holding positions at that time are required to pay or receive funding fees. If you close your position before funding is charged, no funding fee applies.
3.5 At settlement, long and short position holders pay funding fees to each other.
3.6 You must pay 8V opening service fees when using this service.
4. Risk Control Rules
8V Mini Contracts adopt multiple mechanisms to control risk. Users are expected to use them reasonably to avoid unnecessary losses from triggering risk controls.
5. Limitation of Liability
5.1 You acknowledge that you fully understand the rules and policies. If you misunderstand the rules or policies, 8V is not liable for your losses. Specifically, to open or maintain positions, you must maintain sufficient margin requirements.
5.2 Trading information is only accurate after settlement. Information shown between two settlements is for reference only and may not represent official results. Using such information for trading may result in losses, for which 8V is not liable.
5.3 To comply with legal or regulatory changes or maintain market health, 8V may, at its discretion, change policies or implement emergency rules. Such actions may temporarily restrict your access. 8V is not liable for resulting losses.
5.4 8V is not liable for damages caused by system issues preventing service use, including but not limited to:
A. Scheduled system maintenance announced by 8V;
B. Telecommunications failures preventing data transmission;
C. Force majeure such as typhoons, earthquakes, tsunamis, floods, power outages, wars, or terrorist attacks;
D. Service interruptions or delays caused by hacking, viruses, telecom adjustments, site upgrades, banking issues, or government restrictions;
E. Technical problems unforeseeable or unsolvable by existing industry capabilities;
F. Third-party errors or delays causing losses to you or others.
5.5 8V reserves the right to cancel or roll back transactions in case of abnormal trades, interruptions, or unexpected issues due to system failures, network problems, or hacking. 8V is not liable for resulting losses.
5.6 You understand technical problems may occur unexpectedly. 8V is not responsible for losses caused by:
- Connection failures, delays, or interruptions;
- Service overloads causing unresponsiveness;
- Failures to obtain necessary third-party data via the internet.
5.7 8V strictly prohibits unfair trading behavior. If you engage in:
- Price manipulation, insider trading, market distortion, or malicious market activity;
- Exploiting service vulnerabilities or harming other users or 8V;
- Any activity deemed harmful to the market by 8V;
8V reserves the right to take measures, including account closure, restrictions, suspensions, transaction cancellations, rollbacks, or returning digital assets to claimants. 8V is not liable for losses caused by such measures.
6. Indemnification
6.1 You must take all measures to protect 8V from damages caused by your use of this service or related to your account. Otherwise, you shall compensate 8V.
6.2 You agree to indemnify, defend, and hold 8V harmless against any claims (including reasonable legal fees) arising from:
- Your breach of this Agreement;
- Your misuse of 8V services;
- Your violation of laws or infringement of third-party rights;
- Actions or omissions by third parties authorized to use your account or access 8V services, websites, clients, or systems.
7. Miscellaneous
7.1 This Agreement also includes 8V’s rules, other agreements, or announcements related to this service. Once published, they form an inseparable part of this Agreement and must also be observed. In case of conflict, this Agreement shall prevail.
7.2 8V reserves the right to amend this Agreement unilaterally at any time without prior notice. Changes will be published on the official website and take immediate effect. Continuing to use the service constitutes acceptance. If you disagree, you should stop using the service.
7.3 You must carefully read this Agreement and related rules. For questions, contact 8V for clarification. Unless otherwise required, official communications must be via email. Informal communications, such as phone calls, may also be used.
7.4 Section titles are for convenience only and shall not affect the interpretation of this Agreement.
8V official website: https://8V.com and https://8V.com/info
Android Google PlayStore download (not applicable to UK IPs): https://play.google.com/store/apps/details?id=com.royallyborn.v8&hl=en
Android Standalone installation package: https://static.aws-s1.com/app/8v_1_3_0_s.apk
Apple iOS standalone installation package: https://get.8v.com
Samsung GalaxyStore download: https://galaxystore.samsung.com/detail/com.royallyborn.v8