Last Updated: 11 January 2025
These Terms constitute a legally binding agreement between you (“you” or “your”) and MIning Lab (“Mining Lab”, “we”, “our” or “us”). The Terms govern your use of the Mining Lab Services made available to you on or through the Platform or otherwise. Mining Lab Services may be provided by Mining Lab or, if specified in these Terms, any Product Terms or any additional terms, by any Mining Lab Affiliate.
By registering for a Mining Lab Account, accessing the Platform and/or using the Mining Lab Services, you agree that you have read, understood and accepted these Terms, together with any additional documents or terms referred to in these Terms. You acknowledge and agree that you will be bound by and will comply with these Terms, as updated and amended from time to time.
If you do not understand and accept these Terms in their entirety, you should not register for a Mining Lab Account or access or use the Platform or any Mining Lab Service.
RISK WARNING
As with any asset, the value of Digital Assets can fluctuate significantly and there is a material risk of economic loss when buying, selling, holding or investing in Digital Assets. You should therefore consider whether trading or holding Digital Assets is suitable for you in light of your financial circumstances.
Further information on the risks associated with using the Mining Lab Services is set out in our which may be updated from time to time. You should read the Risk Warning carefully, however it does not explain all of the risks that may arise, or how such risks relate to your personal circumstances.
It is important that you fully understand the risks involved before making a decision to use the Mining Lab Services.
INFORMATION ABOUT OUR AGREEMENT WITH YOU
1. Introduction
1.1. The Mining Lab group is an ecosystem centred around an online exchange for Digital Assets trading. The Mining Lab group provides users with a trading platform to invest in Digital Assets, an integrated custody solution allowing users to store and trade their Digital Assets and other Digital Asset-related services.
1.2. . By registering to open a Mining Lab Account you are entering into a legally binding agreement with us. These Terms will govern your use of the Mining Lab Services and tell you who we are, how we will provide the Mining Lab Services to you, how these Terms may be changed or terminated, what to do if there is a problem, along with other important information.
You must read these Terms, together with the documents referenced in the Terms, carefully and let us know if you do not understand anything.
Where any Local Terms apply to your use of the Mining Lab Services, such Local Terms shall govern your use of the Mining Lab Services.
1.3. Additional documents. These Terms refer to a number of additional documents which also apply to your use of the Mining Lab Services. This includes:
a. Our privacy notice which sets out the terms on which we process any personal data we collect about you, or that you provide to us. By using the Mining Lab Services, you understand and agree to such processing and you promise that all data provided by you is accurate and up to date.
b. Our risk warning which sets out important information on the risks that can arise when buying, selling, holding or investing in Digital Assets.
c. Product Terms, which set out additional terms and conditions that will apply to your use of specific Binance Services.
You acknowledge that you will be bound by, and agree that you will comply with, any relevant additional terms and conditions that apply to your use of the Mining Lab Services.
Eligibility
2.1. To be eligible to register for a Mining Lab Account and use the Mining Lab Services, you must:
a. be an individual, corporation, legal person, entity or other organisation with the full power, authority and capacity to (1) access and use the Binance Services; and (2) enter into and comply with your obligations under these Terms;
b. if you are an individual, be at least 18 years old;
c. if you act as an employee or agent of a legal entity, and enter into these Terms on their behalf, you must be duly authorised to act on behalf of and bind such legal entity for the purposes of entering into these Terms;
d. not have been previously suspended or removed from using Mining Lab Services;
e. not be a Restricted Person;
f. not currently have an existing Mining Lab Account; and
g. not be located, incorporated, otherwise established in, or resident of, or have business operations in:
i. a jurisdiction where it would be illegal under Applicable Law for you to access or use the Mining Lab Services, or cause us or any third party to contravene any Applicable Law.
2.c. We may amend our eligibility criteria at any time in our sole discretion. Where possible, we will give you notice in advance of the change. However, we may occasionally need to make changes without telling you in advance. This may include where:
a. we are making the change as a result of legal and/or regulatory changes;
b. the changes being made are in your interest; and/or
c. there is any other valid reason which means there is no time to give you notice.
Where we are unable to give you advance notice, we will let you know of the change as soon as possible after it is made.
3. How we contact each other
3.1. How you can contact us. For more information on Mining Lab you may refer to the information found on our Website. If you have questions, feedback or complaints you can contact us via our Customer Support team at These Terms may specify contact details for particular notices. This address is not monitored for those notices.
3.2. How we will contact you. We will contact you using the details you provide to us. This may include contacting you by email, SMS or telephone. It is important that you ensure that your contact details are correct and up to date. If your contact details change, you must let us know immediately. If you do not, we will not be responsible if you do not receive information, notices or other important information from us.
Restricted Person means a person or legal entity who (a) is included in any trade embargoes or economic sanctions, terrorist or corrupt foreign officials list (such as the United Nations Security Council Sanctions List, issued by a government agency including the list of specially designated nationals maintained by the office of foreign assets control of the U.S. Department of the Treasury (OFAC), or the denied persons or entity list of the U.S. Department of Commerce), or by the United Kingdom, European Union, Canada) tor (b) resides, or is established, or has operations in, in any country.
Risk Warning means the general risk warning published on the Website.
Security Breach means
a. your Mining Lab Account(s) or any of your Access IDs have been compromised;
b. the loss, theft, or unauthorised use of any of your Access IDs or any unauthorised access to and use of your Mining Lab Account or the Mining Lab Services on your behalf; or
c. any other security incident (including a cyber-security attack) affecting you and/or Mining Lab.
Sites means our Website and any other websites, pages, features, or content we own or operate.
Supported Digital Assets means those Digital Assets that are available in connection with your use of the MiningcLab Services.
Terms means these terms of use, together with any other documents expressly incorporated by reference, including the Product Terms, in each case as amended or supplemented from time to time.