Legal

BabyFX FZ-LLC
Registered office: Level 14, DIFC Innovation Hub, Gate Avenue South Zone, Dubai, United Arab Emirates
Commercial licence: DIFC FZ-LLC (pending issuance)

Terms of Service

Effective: 12 July 2026

1. Agreement Conditions

These Terms of Service (the "Terms") form a binding agreement between you and BabyFX FZ-LLC ("BabyFX", "we", "us", "our"). They govern your access to and use of BabyChain, the BabyFX Pay merchant engine, BabyWallet, our websites, our APIs, and any related product or service that links to these Terms (together, the "Services"). By creating an account, connecting a wallet, or otherwise using the Services, you confirm that you have read, understood, and agreed to be bound by these Terms and our Privacy Policy. If you do not agree, do not use the Services. We may update these Terms from time to time; material changes are notified by email and via an in-app banner at least 30 days before they take effect. Continued use after the effective date constitutes acceptance.

2. Eligibility

You must be at least 18 years old (or the age of legal capacity in your jurisdiction, if higher), legally competent to enter into a contract, and not a resident of any jurisdiction in which the Services are restricted (currently mainland China, North Korea, Iran, Cuba, the Crimea, Donetsk, and Luhansk regions, and any jurisdiction subject to comprehensive UAE or UN sanctions — the list is reviewed regularly and a current list is published at /legal/restricted-jurisdictions). By using the Services you represent and warrant that none of the above applies to you.

3. Description of Services

BabyChain is a public, EVM-compatible layer-1 blockchain. The native gas token on BabyChain is BABY. Transactions on BabyChain are pseudonymous and irreversible once finalised.

BabyFX Pay is a merchant engine that lets merchants accept settlement in BABY and (where supported) stablecoin pairs, with fiat off-ramp integration.

BabyWallet is a non-custodial wallet. You alone control your private keys. Losing your seed phrase means losing access to the assets it secures; we cannot restore it.

The Services are provided under a phased rollout. Features marked "Coming soon" or "Pending" are not yet live and may change before release.

4. Prohibition of Use

You agree not to use the Services for any of the following:

• Money laundering, sanctions evasion, terrorist financing, or any other criminal activity.
• Market manipulation, wash trading, front-running, or coordinated trading intended to mislead other users.
• Exploiting vulnerabilities, attempting unauthorised access, interfering with other users' transactions, or performing any action that disrupts, damages, or impairs the Services.
• Violating applicable law, including UAE Federal Decree-Law No. 20 of 2018 on anti-money laundering, the UAE Personal Data Protection Law (Federal Decree-Law No. 45 of 2021), or any free-zone data-protection regulation applicable to your counterparty.
• Uploading content that is unlawful, infringing, defamatory, harassing, or obscene.

We may suspend or terminate access if we reasonably believe a prohibited use has occurred. Action we take does not waive any other remedy available to us.

5. Account Registration and Requirements

5.1 Registration

Some Services require an account. You agree to provide accurate, current, and complete information during sign-up and to keep it up to date. You are responsible for safeguarding your account credentials (email + password), any wallet seed phrase and private keys, and any device used to access the Services. BabyFX will never ask for your seed phrase; anyone who asks for it is not us.

5.2 User Identity Verification (KYC)

To comply with AML/CFT obligations under UAE Federal Decree-Law No. 20 of 2018, we collect identity-verification data (legal name, date of birth, nationality, residential address, government-issued ID, biometric selfie) and we screen counterparties against UAE, UN, EU, UK, and US sanctions lists and against public PEP and adverse-media sources. Failure to complete identity verification limits the features of the Services available to you.

5.3 Account Usage Requirements

Accounts are personal and non-transferable. Each user is permitted one account; multi-accounting, account-sharing, and account-trading are prohibited and are grounds for suspension and forfeiture of balances. Notify us immediately at security@babyfx.org if you suspect unauthorised access to your account or wallet.

5.4 Account Security

You agree to enable two-factor authentication where offered, use a unique password not shared with other services, and keep your recovery email and phone number current. We may require periodic re-verification of identity, especially before large transactions or changes to payout instructions.

6. Guidelines for Usage; Licence to Use the Services

Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, revocable licence to use the Services for their intended purpose. You may not reverse-engineer, decompile, or otherwise attempt to derive source code from the Services (except to the extent expressly permitted by applicable law or licensed under the BabyChain open-source licence). You may not scrape, frame, or mirror the Services.

7. Orders, Fees, and Service Charges

Network and protocol fees are charged as described in the in-app fee preview before each transaction. Where the fee is paid in BABY, holders receive the discount published on the /exchange fee-tier page. Where a fiat rail is involved, third-party payment-processor fees apply and are disclosed at the point of payment. We may revise fees to reflect changes in network economics, regulatory requirements, or product scope; revised fees apply prospectively and are not applied retroactively.

8. Intellectual Property

The Services — including the BabyFX brand, the BabyChain protocol, the BabyWallet interface, our documentation, trademarks, logos, and any source code we publish — are owned by BabyFX or our licensors and are protected by intellectual-property law. You may use the Services under these Terms, but you may not copy, redistribute, or create derivative works of our brand assets or protocol source code except as expressly permitted (for example, the BabyChain client is open-source under the licence published in the project repository).

9. Announcements and Service Changes

We may change, suspend, or discontinue any part of the Services at any time, including API endpoints, fee tiers, supported chains, supported trading pairs, and supported fiat rails. We will give reasonable advance notice of material changes through the in-app announcement channel and, where required by law, by email.

10. Termination and Suspension

We may suspend or terminate your access to the Services at any time, with or without notice, for conduct that we reasonably believe (a) violates these Terms, (b) creates a security, legal, or regulatory risk, or (c) interferes with our ability to operate the Services. You may stop using the Services at any time by closing your account via Settings. On termination, any remaining balances remain your property; we will not claw back funds except where we are required to do so by a binding order from a competent authority or where we have a documented fraud-related clawback claim. Provisions intended to survive termination — including those on intellectual property, disclaimers, limitation of liability, indemnification, governing law, and dispute resolution — survive.

11. No Financial, Investment, Legal, or Tax Advice

BabyFX is not your broker, intermediary, agent, or advisor and has no fiduciary relationship with you. Nothing in the Services is investment advice, a recommendation to buy or sell any token, or legal or tax advice. You are solely responsible for evaluating the merits and risks of any transaction. Consult a qualified adviser licensed in your jurisdiction before relying on any decision.

12. Privacy Policy

Our collection, use, disclosure, and safeguarding of your personal data is described in the BabyFX Privacy Policy, which is incorporated into these Terms by reference. The Privacy Policy governs in the event of any conflict with these Terms on data-protection matters.

13. Risk Disclosure

BABY (and its pre-mainnet form, 2BB) is a virtual asset on the BabyChain network. It is not a currency issued by a central bank, not a security, not a commodity, and not a deposit. Virtual assets are not regulated by the UAE Central Bank, the Securities and Commodities Authority, or the Dubai Financial Services Authority, except as expressly stated in the relevant regulatory framework (for example, the Virtual Assets Regulatory Authority, "VARA", for entities it licenses).

The value of virtual assets can fluctuate significantly. There is a real risk of losing some or all of the value of any virtual asset you hold, and you should not invest money you cannot afford to lose. Past performance is not a reliable indicator of future results. Smart-contract code, validator infrastructure, and cross-chain bridges carry technical risks that may result in the permanent loss of funds.

Tax treatment of virtual assets varies by jurisdiction and may change. You are responsible for understanding the tax consequences of your transactions in your home jurisdiction.

13.1 Specific Risks You Accept

• Market volatility. BABY's price may move sharply in either direction over short periods.
• Smart-contract risk. Pre-audit code may contain bugs. Even audited code is not free of risk.
• Validator and consensus risk. Slashing, downtime, and adversarial validator behaviour can affect staking rewards and, in extreme cases, the security of the chain.
• Bridge and cross-chain risk. Bridges that move BABY between chains rely on additional security assumptions and have been the target of historical exploits.
• Regulatory risk. Regulation of virtual assets is evolving globally. Future rules may restrict the Services or require changes we cannot anticipate today.
• Counterparty risk (merchant side). BabyFX Pay merchants carry merchant-side risk including settlement delays, chargebacks (where a fiat rail is involved), and disputes.

14. Disclaimers

The Services are provided "as is" and "as available" without warranties of any kind, express or implied, including the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not warrant that the Services will be uninterrupted, error-free, or secure, or that defects will be corrected. Smart-contract code may contain undiscovered bugs, including critical security vulnerabilities, even after audit. On-chain transactions are generally irreversible. You acknowledge and accept these risks.

15. Limitation of Liability

To the maximum extent permitted by applicable law, BabyFX, its directors, employees, and licensors will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenues, data, or goodwill, arising out of or in connection with your use of the Services — even if advised of the possibility of such damages. In jurisdictions that do not permit the exclusion of certain damages, our aggregate liability is limited to the amount you paid us (if any) for the Services in the 12 months preceding the event giving rise to the claim, or USD 100, whichever is greater. Nothing in these Terms excludes or limits liability for fraud, death, or personal injury caused by negligence, or any other liability that cannot be excluded under UAE law.

16. Indemnification

You agree to indemnify and hold BabyFX and its directors, employees, and licensors harmless from any claim, demand, loss, or expense (including reasonable legal fees) arising out of your breach of these Terms, your misuse of the Services, or your violation of any law or the rights of a third party.

17. Resolving Disputes: Forum, Arbitration, Class-Action Waiver

These Terms are governed by the laws of the United Arab Emirates, as applied in the Dubai International Financial Centre (DIFC). The United Nations Convention on Contracts for the International Sale of Goods does not apply.

Informal resolution first. The parties will attempt to resolve any dispute through good-faith negotiation for a period of 30 days from written notice. Email legal@babyfx.org to start the process.

Arbitration. If the dispute is not resolved within 30 days, it shall be finally resolved by arbitration administered by the Dubai International Arbitration Centre (DIAC) under the DIAC Arbitration Rules in force when the arbitration is filed. The seat of arbitration is Dubai. The number of arbitrators is one. The language of arbitration is English. The award is final and binding and may be enforced in any court of competent jurisdiction.

Carve-outs. Either party may apply to a court of competent jurisdiction for interim or injunctive relief to protect a right or property without first exhausting the negotiation and arbitration steps above.

18. Miscellaneous

• Severability. If any provision of these Terms is held unenforceable, the remaining provisions remain in full force and effect.
• Assignment. You may not assign your rights under these Terms without our prior written consent. We may assign these Terms in connection with a merger, acquisition, or sale of assets.
• Force majeure. We are not liable for delays or failures caused by events beyond our reasonable control, including network outages, validator slashing, regulatory action, and acts of God.
• Entire agreement. These Terms and the documents referenced in them (Privacy Policy, fee-tier page, and any product-specific rules) are the entire agreement between you and BabyFX regarding the Services and supersede any prior agreements.
• Headings. Section headings are for convenience only and do not affect interpretation.

Contact

Legal and contractual queries: legal@babyfx.org
Data Protection Officer (privacy and data-rights requests): dpo@babyfx.org
Security incidents: security@babyfx.org
General support: support@babyfx.org

© 2026 BabyFX FZ-LLC. All rights reserved. DIFC commercial licence: pending.