LEGAL INFORMATION ICIP

Last Updated: 06/30/2024

These User Agreement and Terms (hereinafter "Terms" or this "Agreement") govern the use of the Intelligent Crypto Investment Platform (ICIP) provided by Smart Intelligent Investment Platform (SIIP).
The Terms constitute a binding agreement between the Company and you as an individual user ("you", "your" or "User") regarding your personal use of the Application. By registering, downloading the Application, and using the Platform, you acknowledge your agreement to this Agreement and our associated Privacy Policy.
No material or any other information available in the Application should be considered a recommendation, endorsement, offer, invitation, or solicitation to engage in any transaction with any product or to purchase it or otherwise deal with securities, cryptocurrencies, or other products.
Furthermore, you understand that none of the information providers, including third-party providers (as defined below), are advising you personally on the nature, potential, value, or suitability of any specific securities or cryptocurrencies, securities or cryptocurrencies portfolio, transaction, investment strategy, or otherwise, and any information provided does not meet the investment needs of any specific person. You understand that investments in any securities or cryptocurrencies are subject to risks, and discussions of any securities or cryptocurrencies published in the Application may not include a list or description of relevant risk factors.
Please note that markets are constantly changing, so any information, content, third-party content (as defined below), or other material provided in the Application may be incomplete or current or may be replaced by more current information. You rely on such information at your own risk.
You alone are fully responsible for determining whether any investment, security, or strategy or any other product or service is appropriate or suitable for you based on your investment objectives and personal and financial situation.

1. Definition of terms

1.1. "Account" means an account created by the User who has downloaded the Application or accessed the Application and registered with the Company to use the Application.
1.2. Personal Data refers to information or a set of information about an individual who is identified or can be specifically identified.
1.3. "User" means any person who has registered with the Company to use and access the Application, as well as any Authorized Person acting on their behalf.
1.4. Subaccount is an additional account that the user creates linked to their Main account on the exchange.
1.5. "Digital Assets" means Bitcoin, Ether, or other crypto- or digital assets or currencies.
1.6. "Digital Platforms" refers to third-party distribution platforms where mobile applications or other applications can be accessed or downloaded, including but not limited to the Apple App Store and Google Play.
1.7. "Material" means any provided material, terms description, market data, research report, product or service documentation, or any other information provided through the Platform.
1.8. "Crypto Wallet" is software that stores private and public keys and interacts with various blockchains to enable users to send and receive digital currency and monitor their balance.
1.9. "User Account Data" means a set of user identification data, password, personal identification number, token, and any other information or device provided to the User to access the Application.
1.10. Privacy Policy means additional terms and conditions governing the collection, use, and disclosure of each User's personal information. Each User must read and agree to the Privacy Policy to use the Application.
1.11. Exchange is an organized trading platform where wholesale trading of goods or securities occurs in the form of standardized exchange transactions.
1.12. "Financial Service Provider" is any third party offering an account for trading, exchanging fiat cryptocurrencies, or other financial services that can be registered and accessed through the Platform.
1.13. "Service Notifications" are one-way notifications from the Company (which may include security-related notifications) via text messages or emails and, where possible, push messages through the Site. These notifications are sent to the User regarding specific information or events related to the account to which the User has access through the Platform.
1.14. Trading Mobile Application is a platform where users buy or sell stocks and track market dynamics in real-time, and brokers (intermediaries) ensure the security of transactions and earn commissions.
1.15. Personal Data Confidentiality refers to the mandatory requirements for the Application Administration to prevent the dissemination of User's personal data without their consent or other legal basis.

2. Changes

2.1. We reserve the right at any time to:
- amend, update, or modify the terms and conditions of this Agreement or our Privacy Policy.
- change, update, or modify the Application, including removing or discontinuing any content or features of the Application.
- set fees, charges, or other conditions for the use of the Application or parts thereof (with prior notice to Users).
- add or remove available exchanges and coins with prior notice. When exchanges are removed, keys from connected accounts will be deleted, and the strategy will transition to past status without the possibility of recovery (funds for cycles will be returned to the balance).

3. Requirements for the network device and operator

3.1. You acknowledge that your agreement with your mobile service and Internet provider will apply to the use of the mobile application.
3.2. You acknowledge that your network provider may charge fees for data services when using certain features of the mobile application or any other third-party charges that may arise, and you accept full responsibility for such charges. If you are not the bill payer for the mobile/Internet device used to access the mobile application, you confirm that you have obtained permission from the bill payer to use the Application.
3.3. You must also ensure that your use of the mobile application does not violate the terms of use for your mobile or Internet device or any wireless service agreement.

4. Registration

4.1. You must be at least 18 years old to access and use the Application. Furthermore, you confirm that you are fully capable and competent to accept the terms, conditions, obligations, affirmations, representations, and warranties set forth in the User Agreement.
4.2. You must register with the ICIP to use the Platform; you agree to provide complete and accurate information during registration to use the Platform, and to maintain this information up to date, specifically: email address and username.
4.3. To register on the Platform, email confirmation by sending a confirmation code is a mandatory condition. Additionally, you can use Face ID or any other available biometric authentication methods available on your device for logging into the Application (this is not a mandatory condition).
4.4. The account is not a bank account, and digital assets do not imply that the account is a deposit or other financial product.
4.5. All data used in the Application is confidential information stored exclusively on the server.
4.6. The User has the right to correct/update/delete personal information at any time, namely, to change their email address, password, and nickname.
4.7. You have the right to close your account at any time after fulfilling all obligations related to the account.
4.8. Upon installing the application, the Application Administration recommends enabling all notifications.

5. Subaccounts

5.1. The User has the option to create Subaccounts.
5.2. Subaccounts are additional accounts that can be connected to the Main account. This feature opens new prospects for managing investments.
5.3. Each user can add ten subaccounts to their account. This allows maintaining and diversifying the funds of the Main account while simultaneously experimenting with different trading strategies.
5.4. Subaccounts have limited functionality compared to the Main account. For example, a Subaccount user cannot withdraw or deposit funds, nor change trading options. This setup ensures that control remains secure and centralized in the Main account.
5.5. In the event of a subaccount deletion, funds are not returned by the Application Administration.

6. Commission

6.1. When using the Application, the User purchases trading cycles. Different strategies have different prices for trading cycles.
6.2. The cost of a trading cycle is a percentage of the amount specified in the user's agreement.
6.3. The fee is three percent and is automatically calculated based on the amount the User is trading and the number of transactions.
6.4. If the User does not wish to use automated trading, they pay a fixed amount for notifications. This means that when a signal to buy/sell is received, the User will get a notification.

7. Referrals

7.1. The referral program involves inviting new users to the exchange or service for a reward.
7.2. Invitations can be sent using any methods, all that is needed is to send your personal promo code.
7.3. Creating accounts and making them referrals is prohibited if the User already has an account in the Application.

8. Risks and Liability

8.1. We exclude any liability for damage caused by transmission errors, technical malfunctions, failures, interruptions in operation, or unlawful interference in transmission networks, IT systems/computers of the User, or any third party (including public systems).
8.2. Users are responsible for their independent actions related to the withdrawal of funds from their own accounts.
8.3. In the event of a discrepancy between the amount the user wishes to trade and the balance amount, specifically an insufficient amount, the User will automatically receive a notification in the Application about insufficient funds (error) to conduct the trading cycle. Upon receiving such a notification, you are responsible for adhering to it. In the event of an error, the trading cycle is deducted in favor of the Application administration.
8.4. Each completed trading cycle, regardless of the outcome, is deducted from the total number of cycles purchased by the User. If the user unsubscribes from the strategy, funds are returned to the User's account only for uncompleted trading cycles.
8.5. For the stable and normal operation of the Application, each user must coordinate their actions before launching. Independent trades and other actions undertaken can cause errors, for which the User bears personal responsibility.

9. Top up your balance in the Application

9.1. One of the most crucial aspects of the Application's operation is balance replenishment.
9.2. The balance in the Application is replenished exclusively for paying fees, extending strategies, adding amounts to agreements for strategies, and purchasing subaccounts.
9.3. Users must independently verify the correct address and exact amount of funds for payment in the Application. By agreeing, the User assumes responsibility for any errors made during the balance replenishment.
9.4. Funds used to replenish the balance in the Application are non-refundable.
9.5. The replenishment history is located in the "History" section of the profile.

10. Protection

10.1. Users must comply with the rules and laws in their country of residence and/or the country from which they access the Application, and ensure that their use of the Services does not violate any such laws or rules of any jurisdiction applicable to them.
10.2. We take security measures to protect the security and confidentiality of the Application and your personal information in accordance with applicable law; however, we cannot guarantee the security of any other transmission or any network or system in which your personal information, account, or transaction information is stored.
10.3. Provision of user's personal data upon request of state authorities and local self-government bodies is carried out in accordance with the legislation of the user's country of residence.
10.4. You agree that the Application administration may, at its discretion, terminate your access to the Application and your Account without the possibility of further recovery for violation of the rules established for using the Application.