Terms and Conditions

Terms of Services

1. GENERAL PROVISIONS

TradeBuddies is a company that established under the laws of the British Virgin Islands (“Company,” “we,” “us,” and “our”).

By continuing to use the services, you agree to this Terms and Conditions (“Terms”). It is understood that you:

  • Confirm that you have read and understood the Terms.

  • Declare that you are of legal age to enter into a binding agreement.

  • Accept the Terms and acknowledge that you are legally bound by them.

If you do not agree with the Terms, you must stop using the services.

The Terms constitute a binding agreement between you and the Company, or its affiliates. They govern your use of the Company’s website, web app, API, software, tools, developer services, data, documentation, and any other services (collectively referred to as the &quotServices&quot). The Terms include our Privacy Policy, our any relevant usage policies, and other guidelines or documentation we may provide. The Services are licensed to you, not sold, and are subject to your acceptance of the Terms and notices without any modifications.

We may amend the Terms occasionally. Any updates will be reflected on our website, and it is your responsibility to review the latest version. The most recent version of the Terms will supersede any prior agreements between you and us regarding the same subject matter.

This Terms outlines the terms and conditions between you and us. Please read it carefully, and if you have any questions or do not understand any part of it, contact us directly for clarification.


2. RISK WARNING

You have carefully considered the risks involved in using the Services, including but not limited to the risks associated with digital asset technologies and their potential volatility. The Company exclusively facilitates transactions through a specific digital asset payment method. You acknowledge that the value and liquidity of such assets may fluctuate significantly. You will only use digital assets that you legally own, unless you are authorized to act on behalf of a third party, and the Company agrees to permit you to do so. In such cases, we may request written authorization from the third party confirming your authority to transact on their behalf.

You agree not to use the Services to disguise the proceeds of any illegal activities, or to engage in transactions involving prohibited assets or illicit proceeds. The price of digital assets is highly volatile and subject to extreme fluctuations. Market changes in other digital assets can negatively impact the value of your assets, which may also experience considerable price volatility. Legislative or regulatory changes, whether at the local, national, or international level, could adversely affect the use, transfer, trading, and value of digital assets.

Losses arising from fraudulent or unintended transactions may not be recoverable. Any transactions involving digital assets will be considered final once they are recorded on a public ledger, and this timestamp may differ from the time or date you initiated the transaction. The value of digital assets may depend on market participants' continued willingness to exchange them for other assets, potentially leading to a complete and permanent loss of value.

Using the Services and engaging with digital assets carries inherent financial risks. You acknowledge and agree that you are fully aware of these risks, which include the following: (a) transactions involving digital assets are highly risky, experimental, and volatile by nature, and are generally irreversible. You should conduct thorough research before making any transaction decisions. You are solely responsible for determining whether your use of the Services is appropriate, given your personal, financial, and investment objectives.

You acknowledge and agree that your access to and use of the Services, as well as interactions with other users, are undertaken at your own risk.

In no event shall the company or the services be considered a digital asset exchange, broker, dealer, fund manager, financial institution, custodian, robo-advisor, intermediary, and creditor. The services do not provide financial, legal, regulatory, or tax advice, either directly, indirectly, implicitly, or in any other form. You should not consider any information provided through the services as a substitute for professional advice in financial, legal, regulatory, tax, or other matters.


3. USAGE GUIDELINES

  1. KYC Verification Process: To ensure the safety of our Services and meet legal requirements, you may need to complete a Know Your Customer (KYC) verification. This involves providing personal information and documents to confirm your identity, such as your full name, address, date of birth, and a government-issued ID. By completing this process, you agree to provide accurate and up-to-date information. Your access to some features may be limited until the verification is complete. If we cannot verify your identity or find any incorrect information, your account may be suspended or closed. All information you provide will be handled according to our Privacy Policy and applicable laws.

  2. Access and Use of Services: We grant you a non-exclusive right to access and use the Services in accordance with the Terms. You agree to comply with the Terms and regulation of the British Virgin Island  while using the Services. All rights, titles, and interests in the Services, including but not limited to the look and feel, source code, algorithms, and any related software, hardware, or intellectual property, are owned by us and our affiliates.

  3. Suggestions: We value your feedback, comments, ideas, proposals, and suggestions for improvements. By providing any of these, you agree that we may use them without any restrictions or compensation to you.

  4. Usage Restrictions: You agree not to:

    • use the Services in a manner that infringes upon, misappropriates, or violates the rights of any individual or entity, or poses a threat to do so;

    • reverse engineer, disassemble, decompile, translate, or attempt to discover the source code or underlying components of the models, algorithms, or systems within the Services (except where permitted by law), or use the Services for malicious purposes, disruption, or interference with any Service-related components;

    • use the output from the Services to create models that compete with the Company;

    • unless explicitly authorized by us, use any automated methods, such as scraping, web harvesting, or web data extraction, to retrieve data or output from the Servic;

    • falsely represent that the output from the Services was generated by a particular method, or violate any usage policies;

    • buy, sell, transfer, or use any part of the Services for commercial purposes without our prior written consent;

    • send us any personal information or information subject to heightened data protection regulations.

Additionally, you agree to comply with any rate limits or other requirements outlined in our documentation.

  1. Third-Party Services: To facilitate transactions, we may utilize third-party platforms or wallet service providers. Any third-party software, services, or products you use in connection with the Services are governed by their own terms and conditions. We are not responsible or liable for any third-party products or services.


4. CONTENT

You may submit input to the Services (&quotInput&quot) and receive output generated and returned by the Services based on that Input (&quotOutput&quot). Together, Input and Output are referred to as &quotContent.&quot Subject to applicable laws, you retain ownership of all Input you provide. By utilizing the Services, you grant the Company the right to access, track, and use your Input as necessary for the operation of the Services. Provided you comply with the Terms, the Company assigns to you all rights, title, and interest in and to the Output, allowing you to use Content for any purpose, including commercial activities such as sale or publication, provided the Terms are met.

The Company may use Content to deliver and maintain the Services, ensure compliance with applicable laws, and enforce our policies. You are solely responsible for your Content, including ensuring it complies with all applicable laws and the Terms. The Company makes no representations or warranties regarding the quality, origin, or ownership of any Content and disclaims liability for any errors, misrepresentations, or omissions contained in or related to the Content, as well as for its availability. The Company is not liable for any losses, injuries, or damages arising from the purchase, inability to purchase, display, or use of Content.

Additionally, your access to and use of the Services must comply with the Terms and our other policies at all times. We reserve the right to remove or disable access to the Services or Content at our sole discretion, with or without prior notice. Reasons for removal or disabling access may include, but are not limited to, violations of the Terms or our community guidelines, suspected fraud, illegitimate activity, or activities deemed harmful to the Services or our users.

We are continuously working to enhance the accuracy, reliability, security, and overall value of our Services. Due to the probabilistic nature of machine learning, using the Services may occasionally result in inaccurate Output that may not fully reflect user requests or reality. It is your responsibility to evaluate the accuracy of any Output for your specific needs, including implementing human review as appropriate.


5. REGISTRATION AND ACCESS

You will access the Services through your digital wallet, which is required for all transactions. To participate in public and/or private sales offered by the Company, you must hold NFTs in your registered Web3 wallet and complete the KYC verification process. You will remain eligible for these sales as long as you retain the NFTs in the wallet used for your KYC registration. Please note, holding NFTs is not a method of payment for the Services; rather, it grants you access to participate and use certain features of the Platform and Services. 

You understand and agree that access to your account with the Company is restricted solely to the wallet owner. You agree not to sell, rent, lease, or provide access to your account to anyone else.

To register for an account, you must provide accurate and complete information. It is your responsibility to keep your account details secure, including your wallet information and NFT, and not to share them with any third party. If you suspect or know that any third party has obtained your wallet or NFT information or has accessed your account, you must notify us immediately. You acknowledge that you are solely responsible (both to us and to others) for all activities that occur under your account.

We reserve the right to disable your user account at any time, including if you fail to comply with the Terms or if activities occur on your account that, in our sole discretion, may damage, impair, or disrupt the Services, infringe on third-party rights, or violate applicable laws or regulations in British Virgin Islands.

If you no longer wish to use our Services and would like your account deleted, please contact us. We will guide you through the process. Once you delete your account, you will not be able to reactivate it or recover any content or information associated with your account.


6. CONFIDENTIALITY AND ACCOUNT SECURITY

You understand and agree that your personal information may be required, collected, used, and disclosed in accordance with the Company's Privacy Policy.

  1. Confidentiality:

You may be granted access to confidential information belonging to the Company, its affiliates, and third parties. This confidential information may only be used as necessary to access and utilize the Services, as permitted under the Terms. You agree not to disclose any confidential information to third parties and to protect it with at least reasonable care, similar to how you would protect your own confidential information.

Confidential information refers to non-public details that the Company, its affiliates, or third parties designate as confidential, or that should reasonably be considered confidential under the circumstances. This includes, but is not limited to, software, specifications, and other private business-related data.

Confidential information does not include information that:

    1. becomes publicly available through no fault of your own;

    2. you already possess without any confidentiality obligations at the time you receive it under the Terms;

    3. is disclosed to you by a third party without any confidentiality obligations; or

    4. you independently develop without using confidential information.

If required by law or a valid order from a court or governmental authority, you may disclose confidential information. However, you must provide the Company with reasonable prior written notice and make reasonable efforts to limit the scope of such disclosure. Additionally, you must assist the Company in challenging the disclosure request, where possible.

  1. Protection:

You are responsible for implementing reasonable and appropriate measures to secure your access to and use of the Services. If you identify any vulnerabilities or breaches related to your use of the Services, you must immediately contact the Company and provide detailed information about the issue.

You acknowledge that you are solely responsible for the security of your account and for maintaining control over any usernames, passwords, or other access credentials used to access the Services. Third-party access to your account may result in the loss or theft of funds in your account or any associated accounts.

You agree that the Company is not responsible for the maintenance or protection of your account, and you will not hold the Company liable for any unauthorized access to or use of your account. For clarity, you are solely responsible for ensuring the security of your account. If you notice any suspicious or irregular activity within your account, please contact the Company immediately.


7. LIABILITY, DISCLAIMER, AND INDEMNIFICATION

Indemnity: You agree to defend, indemnify, and hold harmless the Company, its affiliates, and personnel from any claims, losses, or expenses (including legal fees) arising out of or related to your use of the Services, including your Content, any products or services you develop or offer in connection with the Services, or any breach of the Terms, infringement of third-party rights, or violation of applicable law. You agree to promptly notify the Company of any claims and cooperate with the defense of such claims. Additionally, you agree that the Company shall have control over the defense or settlement of these claims. This indemnity is in addition to, and not a replacement for, any other indemnities outlined in a separate written agreement between you and the Company.

Disclaimer: The Services are provided “as is.” To the fullest extent permitted by law, we, along with our affiliates and licensors, make no warranties (express, implied, statutory, or otherwise) regarding the Services and disclaim all warranties, including but not limited to warranties of merchantability, fitness for a particular purpose, satisfactory quality, non-infringement, and quiet enjoyment, as well as any warranties arising from course of dealing or trade usage. We do not guarantee that the Services will be uninterrupted, accurate, error-free, or that any content will be secure, free from loss, or not subject to alteration.

Limitation of Liability: To the fullest extent permitted by law, neither the Company nor its affiliates or licensors shall be held responsible for any loss of profits or any direct, indirect, consequential, special, exemplary, incidental, or punitive damages. This includes, but is not limited to, damages resulting from loss of revenue, profits, business opportunities, anticipated savings, use, goodwill, or data. These damages may arise from tort (including negligence), breach of contract, or other causes, even if such damages were foreseeable or the Company was advised of the possibility of such damages. Accessing and using the Services, as well as third-party websites and products, are done at your own risk. You are solely responsible for any damage to your computer system, mobile device, or loss of data resulting from such use. Our total liability under the Terms will not exceed the greater of the amount you paid for the Service that led to the claim within the six months before the claim arose. The limitations outlined in this section apply only to the maximum extent allowed by applicable law. These liability limitations do not apply to the Company's liability for (a) death or personal injury caused by the Company's negligence, or (b) any damage resulting from the Company's fraud or fraudulent misrepresentation.


8. ANTI-MONEY LAUNDERING AND FINANCIAL CRIME PREVENTION

You confirm and guarantee that you comply with British Virgin Islands legislation and international standards related to anti-money laundering, sanctions, and financial crime prevention. This includes regulations concerning bribery, corruption, financial crime, and economic sanctions programs applicable in the British Virgin Islands and any other jurisdiction in which you operate. 

We reserve the right to terminate the Agreement immediately, decline to execute any pending orders, and restrict access to your account and its assets if: 

    1. we have reasonable grounds to believe that you have violated AML laws;

    2. you fail to provide the required information during the account opening process or at any other stage of the customer onboarding process; or 

    3. any of the warranties and representations you have made are found to be false.

We reserve the right to report and disclose relevant information to any person or authority as required by applicable regulations. Additionally, we may act on instructions from authorities regarding your transactions, account, and any information we hold about you and your dealings with us.

We may withhold further explanations for any actions, refusals, or omissions if we determine that doing so is necessary to comply with applicable regulations.


9. GENERAL PROVISIONS

  1. Governing Law and Dispute Resolution: The Terms, along with any disputes or claims arising out of or related to the use of the Services or the Terms, shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of laws principles. By using the Services, you agree to submit to the exclusive jurisdiction of the courts in the British Virgin Islands for the resolution of any disputes. Any dispute, controversy, or claim related to the Services, the Terms, or any related agreements—including, but not limited to, issues of interpretation, performance, breach, or termination—shall be resolved exclusively in the competent courts of the British Virgin Islands. You and the Company irrevocably consent to the personal jurisdiction of these courts and waive any objections to the jurisdiction or venue, including claims of inconvenient forum.

  2. Relationship of the Parties: The Terms do not create a partnership, employment, joint venture, or agency relationship between you and TradeBuddies or any of TradeBuddies’s affiliates. You and TradeBuddies are independent contractors, and neither party has the authority to bind the other or incur obligations on the other’s behalf without prior written consent from the other party.

  3. Communication: The communication language between you and the Company will be English. If you have any questions, requests, or concerns about how we use your personal information or regarding this Terms and Conditions, please reach out to us by the &quotContact Us&quot section on the Platform. 

  4. Amendment: We may update the Terms from time to time, for example, when we improve the Services, merge services or apps, or in response to regulatory changes, at our discretion. We will make reasonable efforts to notify users of any important changes, such as by posting a notice in the Services, but we recommend you check the Terms regularly. The &quotLast Revision Date&quot at the top will show the effective date of the latest version. Your continued use of the Services after the changes means you accept the updated Terms. If you disagree with the changes, you must stop using the Services.

  5. Severability and Entire Agreement: If any part of the Terms is found to be invalid or unenforceable, that specific provision will be severed, and the remaining provisions will continue to be valid and enforceable. The Terms constitute the entire agreement between you and the Company regarding your access to and use of our Services and Content, superseding any prior agreements, discussions, or understandings (including previous versions of the Terms). Unless otherwise specified, the Terms are intended solely for the benefit of the parties involved. You acknowledge that all provisions of the Terms will remain in effect even after their termination or expiration.

  6. Restricted Parties: The Services may not be used, exported, or reexported (a) to any countries subject to embargoes by the British Virgin Islands (collectively referred to as “Embargoed Countries”), or (b) to any individuals or entities listed on any restricted party lists maintained by the authorities of the British Virgin Islands or international restricted party lists (collectively, “Restricted Party Lists”). You confirm and guarantee that you are not located in any Embargoed Countries and are not listed on any of these Restricted Party Lists. You are required to comply with all relevant laws concerning Embargoed Countries and Restricted Party Lists, including any obligations to directly verify your end users.