User Agreement

Effective Date: March 18, 2024

1. Introduction

This User Agreement (“Agreement”) governs your use of Cryptobots.io (the “Platforms”), operated by Vedra Investments S.A., a public limited company incorporated under the laws of El Salvador, located at Calle El Mirador, 85 Ave. Norte, and 11 Calle, Oficina 643, Colonia Escalón, San Salvador, El Salvador. By accessing or using our Services, you agree to be bound by this Agreement, which is legally equivalent to a signed contract. You are encouraged to consult a legal advisor before agreeing.

2. Effective Date and Acceptance

2.1 This Agreement takes effect upon your explicit written or electronic acceptance (“Effective Date”).
2.2 We reserve the right to decline or terminate this Agreement at our sole discretion.
2.3 You must provide a valid exchange API key to activate our Services, which is offered free of charge.

3. Services

3.1 Description: We provide automated trading signals for blue-chip digital assets (e.g., Bitcoin, Ether, Solana, stablecoins) via API to your exchange account. Some strategies may involve derivatives markets with leverage up to 1.5x.
3.2 User Control: You implement signals at your discretion and bear all profits and losses. We do not custody funds, provide financial advice, or verify identities; your exchange handles compliance.
3.3 Activation Requirements: To use our Services, you must:

Set up an account with a supported cryptocurrency exchange and deposit funds.
Provide a valid API key and account identifier.
Activate the Service (no upfront fee).
Our team configures signal delivery upon receipt of a functional API key.
3.4 User Obligations: Misuse of your account (e.g., sharing API keys) may result in termination. We are not liable for exchange disruptions, breaches, or failures. We may share this Agreement with exchanges to clarify our role.

4. Service Fees

4.1 Profit Share: We charge 33% of your realized profits (net gains after costs, in USD or cryptocurrency equivalent) per trading cycle, typically monthly, calculated via API based on your exchange account activity.

4.2 Payment Terms: We issue invoices for profit shares, payable within a specified timeframe. Non-payment results in immediate Service suspension until resolved. No upfront fees apply, and non-payment due to insufficient profits or exchange issues incurs no additional penalties.

4.3 No Refunds for Profit Share: Under no circumstances will we refund any paid profit share. Profit share payments are based on realized profits, which are considered finalized once profits are secured in your account following the completion of a trading cycle. Payments reflect these realized profits, and any subsequent trading activities or losses do not affect previously realized profits. Additionally, affiliate payments made to referrers for user acquisition are non-refundable.

5. Intellectual Property

5.1 All patents, trademarks, copyrights, know-how, and intellectual property related to our Services are owned or intended to be secured by us.
5.2 No ownership or rights to our Platforms’ content (e.g., signals, code, interfaces) are transferred. All content is protected by law.
5.3 No implied licenses are granted; all unstated rights are reserved.

6. Confidentiality

6.1 Confidential Information: Includes non-public data (e.g., signal algorithms, operational details) provided by us, excluding:

Publicly available data without your breach.
Data you knew prior to disclosure (provable).
Data lawfully obtained from third parties.
Data independently developed by you (provable).
6.2 Obligations: Use Confidential Information only for our Services, protect it with reasonable care, and do not disclose it during or for 10 years after this Agreement. Do not misrepresent our relationship or make public statements about this Agreement without consent.

7. User Representations and Warranties

7.1 You warrant, as of the Effective Date and ongoing:

You have the legal capacity to enter and perform this Agreement.
This Agreement is binding on you.
You have reviewed it, with counsel if desired.
7.2 Notify us and cease use if these warranties become untrue.
7.3 We warrant our authority to provide Services.

8. Liability

8.1 Neither party is liable for indirect, consequential, incidental, special, or punitive damages (e.g., lost profits), even if foreseeable. We are not responsible for:

Issues from your use or inability to use Services.
Unauthorized data access or alteration.
Exchange or third-party failures.
Other Service-related matters.
8.2 Our liability is capped at Service Fees paid by you in the prior 6 months.

9. Termination

9.1 Either party may terminate with 30 days’ written notice or immediately upon material breach by the other.
9.2 We may terminate immediately if you:

Become insolvent or bankrupt.
Are subject to receivership.
Cease operations.
9.3 Manual Interference: If we detect manual interference with automated trades initiated by our signals, we may immediately terminate the affected trade, resulting in potential losses, and permanently ban your account. This is a severe violation, detected by our systems, and results in forfeiture of future referral fees.

10. Miscellaneous

10.1 Assignment: Requires our written consent; unauthorized attempts are void.
10.2 Severability: Unenforceable terms will be reformed to match intent; other terms remain effective.
10.3 Governing Law: Governed by El Salvador law, excluding conflict-of-law rules.
10.4 Dispute Resolution: Disputes will be resolved via ICC arbitration in San Salvador, in Spanish, with final, enforceable awards.
10.5 Entire Agreement: This Agreement supersedes all prior understandings.

11. Force Majeure

We are not liable for delays or failures due to events beyond our control (e.g., cyberattacks.)

12. Tax Obligations

You are responsible for all taxes related to your trading profits or use of our Services, per your jurisdiction’s laws. We disclose data to tax authorities only if legally mandated.