1. BKEX Platform Rules refer to all rules, interpretations, announcements, statements, letters of consent and other contents that have been and will be subsequently released by BKEX, as well as all regulations, implementation rules, product process descriptions, and announcements published or within products or service processes.

2. Users refer to all individuals, institutions or organizations that access, download or use Bkex Services and who meet the criteria and conditions stipulated by Bkex. If there exist other agreements for such entities as developers, distributors, market makers, and Digital Currencies exchanges, such agreements shall be followed.

3. Digital Currencies refer to encrypted or digital tokens or cryptocurrencies with a certain value that are based on blockchain and cryptography technologies and are issued and managed in a decentralized form.

4. Digital Assets refer to Digital Currencies, their derivatives or other types of digitalized assets with a certain value.

5. Bkex Accounts refer to the foundational virtual accounts, including main accounts and subaccounts, which are opened by Bkex for Users to record on Bbex their usage of Bkex Services, transactions, asset changes and basic information. Bkex Accounts serve as the basis for Users to enjoy and exercise their rights on Bkex.

6. Crypto-to-crypto Trading refers to spot transactions in which one digital currency is exchanged for another digital currency.

7. KYC refers to the “know-your-customer” process that Bkex has put in place before entering into a business relationship or conducting transactions with its Users. As part of this process, Bkex may do anything that it deems necessary in order to identify Users, verify their identity, scrutinize and investigate User transactions, or comply with any applicable law or regulation.