Terms of Service

These Terms of Service ("Terms") constitute a legally binding agreement between you ("User") and AU Asset Technologies FZCO ("Company", "we", "us"), a company registered in Dubai, UAE, governing your access to and use of the AU Asset platform and services.

1. Eligibility

To use our services, you must:

• Be at least 18 years old or of legal age to form a binding contract in your jurisdiction.
• Complete our Know Your Customer (KYC) and Anti-Money Laundering (AML) verification process.
• Not be a resident or citizen of any restricted jurisdiction (including the United States, North Korea, Iran, and other sanctioned countries).
• Not be included in any trade embargoes or economic sanctions lists (e.g., UN, OFAC, EU).

2. The Services

AU Asset provides a platform for the issuance, management, and redemption of gold-backed tokens ("AU Assets").

• Tokenization: We issue digital tokens representing ownership rights to physical gold bars allocated and stored in secure vaults.
• Redemption: Users may redeem tokens for physical gold (subject to minimum quantities and fees) or fiat currency equivalent, as per our Redemption Policy.
• Custody: Physical gold is held by third-party custodians in regulated vaults. We facilitate the relationship but do not physically store gold ourselves at our office premises.

3. Risk Acknowledgment

You acknowledge that dealing in digital assets and commodities involves significant risks. You agree to read and understand our Risk Disclosure Statement before trading. The value of gold can fluctuate, and the regulatory environment for virtual assets is evolving.

4. User Obligations

• You are responsible for maintaining the security of your account credentials and private keys.
• You agree to provide accurate and up-to-date information for identity verification.
• You will not use the platform for any illegal purpose, including money laundering or financing terrorism.

5. Fees and Payments

Services are subject to fees as set out in our Fee Schedule. We reserve the right to adjust fees at any time with prior notice. You are responsible for any taxes applicable to your transactions.

6. Limitation of Liability

To the maximum extent permitted by law, AU Asset Technologies FZCO shall not be liable for any indirect, incidental, special, or consequential damages arising out of or in connection with your use of the services, including but not limited to loss of data, profits, or interruption of business.

7. Governing Law and Dispute Resolution

These Terms are governed by the laws of the United Arab Emirates and the regulations of the Dubai Multi Commodities Centre (DMCC). Any disputes arising from these Terms shall be subject to the exclusive jurisdiction of the Courts of Dubai.

8. Modifications

We may update these Terms from time to time. Continued use of the platform after changes constitutes acceptance of the new Terms.

9. Contact

For legal inquiries, please contact: legal@auassets.com