Terms and Condition of Usage

Nexnaira is a social platform that connects people through sponsorship. By opening an account with us you become a part of our community and you can contribute and also benefit from other members. You maybe allowed to post comments and can include content like text, photos, audio, videos, and links to promote Nexnaira.

This policy describes how and when Nexnaira collects, uses and shares and manage your information when you use our services. We receives your information through our various websites, SMS, APIs, email notifications, applications, buttons, widgets, ads, and commerce services (the "Services" or "") and from our partners and other third parties. For example, you send us information when you use from our website, send messages or receive messages. When using any of our Services you consent to the collection, transfer, manipulation, storage, disclosure and other uses of your information as described in this Privacy Policy. Irrespective of which country you reside in or supply information from, you authorize to use your information in any country where operates.

Account Information: You may provide us with profile information such as your Name, Business, Username, Email, Phone Number, Password a short biography, your address, your website and social links (example - Facebook, Twitter, Instagram), a picture for profile picture display, , Name of your Local Deposit Bank, Deposit Bank Account Name, Deposit Bank Account Number. We may use your contact information to send you information about our Services or to market to you. We may use your contact information to help others find your account, including through third-party services and client applications except for your bank details that is solely used by Nexnaira and will not be made public. If you email us, we may keep your message, email address and contact information to respond to your request. If you connect your account to your account on another service in order to cross-post between and that service, the other service may send us your registration or profile information on that service and other information that you authorize. This information enables cross-posting, helps us improve the Services, and is deleted from within a few weeks of your disconnecting from your account on the other service. Providing the additional information described in this section is entirely optional.

Uploads, Lists and other Public Information: Our Services helps you connect and invest with other people's account. Most of the information you provide us or that is generated as a result of you creating an account is information you are asking us to make public. This includes not only the files you upload and the metadata provided with publications, but also the lists you create, the like/vote, your transaction history, the assets you own, your account market analysis, your account sponsorship details, profiles you recommend or Posts you share, and many other bits of information that result from your use of the Services. We may use this information to customize the content we show you, which may or may not include ads. Our default is to make the information you provide public for as long as it is available on our network. In general we give you settings options to provide more privacy as seen fit. Our Services broadly and instantly disseminate your public information to a wide range of users, customers, and services.

Location Information: Your location is by default set to be published publicly. You may also tell us your location when you set your address on or your computer or mobile device sends us location information. We may also use other data from your device to determine location, for example, information about wireless networks or cell towers near your mobile device, or your IP address. We may use and store information about your location to provide features of our Services, such as Posting with your location, and to improve and customize the Services, for example, with more relevant content like local trends, events, stories, ads, and suggestions for other people.

Log Data: When you use our Services, we may receive information ("Log Data") such as your IP address, browser type, operating system, the referring web page, pages visited, location, your mobile carrier, device information (including device and application IDs), search terms, and cookie information. We receive Log Data when you interact with our Services, for example, when you visit our websites, sign into our Services, interact with our email notifications, use your account to authenticate to a third-party website or application, or visit a third-party website that includes a button or widget. We may also receive Log Data when you click on, view or interact with a link on our Services to a third-party application, such as when you choose to install another application through uses Log Data to provide, understand, and improve our Services. If not already done earlier, for example, as provided below for Widget Data, we may either delete Log Data or remove any common account identifiers, such as your username, full IP address, or email address, after 18 months.

Third-Parties and Affiliates: We may use a variety of third-party services to help provide our Services, such as hosting our various blogs and wikis, and to help us understand and improve the use of our Services, such as Google Analytics, online payment such as Paystack, Interswish. These third-party service providers may collect information sent by your browser as part of a web page request, such as cookies or your IP address. Third-party ad partners may share information with us, like a browser cookie ID, website URL visited, mobile device ID, or cryptographic hash of a common account identifier (such as an email address), to help us measure and tailor ads. For example, this allows us to display ads about things you may have already shown interest in. If you prefer, you can turn off tailored ads in your settings so that your account is not matched to information shared by ad partners for tailoring ads. We may also receive information about you from our corporate affiliates in order to help provide, understand, and improve our Services and our affiliates’ services, including the delivery of ads.

Information Sharing and Disclosure Account’s private and personal information as well as files, except in the limited circumstances is not disclosed to the public. Your Consent: We may share or disclose your information at your direction, such as when you authorize a third-party web client or application to access your account. Bid Transaction details will be made public except for the beneficiaries. Email notifications may be employed to notify account owners on changes made to the Nexnaira wallets.

Nexcoin and Nex Wallet: Nexcoin is the legal token accepted on Nexnaira for sponsorship settlement and cash exchange. Every account has a Nex wallet which they unlocked on their first cash deposit. Users can buy, sell or invest their Nexcoin by making sponsorship bids on other people accounts. When deposits, cashout requests or sponsorship settlements are made in respect of your account, you authorize Nexnaira to access and update your Nex Wallet. Subscription charges over time that may be levied on your account as the case maybe.

Cashout (Payout): To withdraw your Nexcoin for cash payment, you are required to make a request for payment. All payment request are reviewed and can be confirmed or denied depending on the account credit score and trade history. Daily cashout are limited to the total cash deposit the account has made as the maximum cashout. We may exert a default maximum cashout base on the level your account operates as there maybe. Credit scores can only be gotten when you engage in sponsoring other people. On account that we declined your request, a quick refund would be made into your wallet and you may send another request. Only one payment whether cashout or deposit can be active at a time.

Bid Circle (Sponsorship Board): The bid circle is a map to Nexnaira to virtually represent the bid trade. By bidding with your Nexcoin, you become a sponsor and can accumulate and profit from other people as assets and you also acknowledge that you may or may not profit on every bid. By participating in the sponsorship you give Nexnaira access to monitor and review your trade activities, review and validate your transactions and make charge backs and refunds into your account.

Beneficiary Account: is can be set upon first cash deposit into your Nex wallet. You will be providing the bank account details to the account to which you wish to receive your cash payments. Once this account details has been sent, you will not be able to make any changes directly from the console. Such changes may need an administrative access to handle. We have the right to review, suspend, clear and issue payments to beneficiary accounts depending on the status of that account. On account that an account is being reviewed or suspended, the account holder may be asked to provide legal documentation and BVN clearance to the authenticity of the account ownership.

Fraudulent and Malicious activities: Trading on Nexnaira is closely monitored and validated to the transaction activities. Users that falls short of the standard account operations and display a fraudulent response to managing their account may be penalized and their account may also be suspended prior to internal investigations. Users may operate multiple accounts with different account and banks. Payment to Nexnaira should only be done through our official website nexnaira.com and to Nexcoin Global Alliance Limited. Any payment that does not reflect in our bank records may be considered as not successful and Nexnaira will not be held accountable for such loss. Evidence of payment is strict and users are to properly verify their evidence of payment before submitting to us as we will not hesitate to flag and terminate any false record.

Trading, Sponsorship and Exchange: When you deposit or request for cash payment, you authorize Nexnaira to access and update your online wallet. On no grounds may your account wallet be debited without your consent. Your account wallet maybe updated on Nex credit you receive due to transaction payments made directly to you or from commissions and bonus, as interest, as profit returns, from royalties. Monthly subscription charges may be laid on your account wallet as sustenance of your account. On grounds that this is implemented, email notifications would be sent to account holders with details of the transaction.

Service Providers: We engage service providers to perform functions and provide services to us in Nigeria and abroad. We may share your private personal information with such service providers subject to confidentiality obligations consistent with this Privacy Policy, and on the condition that the third parties use your private personal data only on our behalf and pursuant to our instructions. We share your Payment Information with payment services providers to process payments; prevent, detect and investigate fraud or other prohibited activities; facilitate dispute resolution such as charge backs or refunds; and for other purposes associated with the acceptance of credit or debit cards. We may share your credit or debit card number with payment services providers, or third parties authorized by them, to monitor card transactions at participating merchants and track redemption activity for the purposes of providing card-linked services.

Law and Harm: Notwithstanding anything to the contrary in this Policy, we may preserve or disclose your information if we believe that it is reasonably necessary to comply with a law, regulation or legal request; to protect the safety of any person; to address fraud, security or technical issues; or to protect rights or property. However, nothing in this Privacy Policy is intended to limit any legal defences or objections that you may have to a third parties, including a government’s, request to disclose your information.

Business Transfers and Affiliates: In the event that is involved in a bankruptcy, merger, acquisition, reorganization or sale of assets, your information may be sold or transferred as part of that transaction. This Privacy Policy will apply to your information as transferred to the new entity. We may also disclose information about you to our corporate affiliates in order to help provide, understand, and improve our Services and our affiliates’ services, including the delivery of ads.

Bidding / Profile Transactions: Other people are allowed to invest on any account of their choosing without the consent of the account holder so far as the account can be found on our public domain. Accounts holders have the sole authorization to edit their personal details. Accounts that are considered as Assets are temporary owned by the Asset owner and can be transferred to a new Asset owner on Trading. Notwithstanding information about, content, personal and private information of all account would remain constant to the account owner. Asset owner is entitled to profit from transactions made by the account they hold as Assets.

Bid Rule: Bid rule is the regulatory system that guides all invest. Whenever you make an invest you consent to the rules. These rules are made available for public review and may change to improve the system as the need may arise. Non-Private or Non-Personal Information: We may share or disclose your non-private, aggregated or otherwise non-personal information, such as your public user profile information, account value, Asset details, Traffic information, Transaction details involving invests you have made or reports to advertisers about unique users who saw or clicked on their ads after we have removed any private personal information (such as your name or contact information).

Modifying Your Personal Information If you are a registered user of our Services, we provide you with tools and account settings to access or modify the personal information you provided to us and associated with your account. In cases you wish not to participate in the invest, you may deactivate your account by sending an official email to the admin@nexnaira.com with detailed information about your account. Within 30 days of sending deactivation of your account would be initiated. Account Deactivation will erase personal information linking directly to you such as email, IP Address, Contact Address, Phone Number, Photo, Deposit Bank details and any further information collected directly or indirectly as a result of using the Service. The account would be made a default and account ownership transferred to Nexnaira.

Our Policy towards Children Our Services are not directed to persons under 13. If you become aware that your child has provided us with personal information without your consent, please contact us at nexnaira@gmail.com. We do not knowingly collect personal information from children under 13. If we become aware that a child under 13 has provided us with personal information, we take steps to remove such information and initiate the deactivation process automatically.

Disclaimer The transactions offered by this website can be executed only by fully competent adults. Transactions with financial instruments offered on the Website involve substantial risk; trading may be very risky. If you make transactions with the financial instruments offered on this website, you might incur substantial losses or even lose everything in your account. Before you decide to start transactions with the financial instruments offered on the website, you must review the service agreement and risk disclosure information.

The site hosted at the nexnaira.com domain belongs to and is managed by Nexcoin Global Alliance Ltd., registered at: CAC Nigeria.