Effective Date: March 18, 2024
This Cryptobots.io User Agreement (or 'Terms of Service') outlines the legally binding terms governing your use of our Platforms and Services. By accessing or using our Services, you accept this Agreement, which is effective March 18, 2024. We encourage you to consult a legal advisor before proceeding.
Introduction and Agreement Acceptance
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. 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.
This Agreement takes effect upon your explicit written or electronic acceptance (“Effective Date”). We reserve the right to decline or terminate this Agreement at our sole discretion. To activate our Services, you must provide a valid exchange API key, which is offered free of charge.
Cryptobots.io Services and Your Responsibilities
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. 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.
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. 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.
All patents, trademarks, copyrights, know-how, and intellectual property related to our Services are owned or intended to be secured by us. No ownership or rights to our Platforms’ content (e.g., signals, code, interfaces) are transferred. All content is protected by law, and no implied licenses are granted; all unstated rights are reserved.
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).
You are obligated to 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.
You warrant, as of the Effective Date and ongoing, that you have the legal capacity to enter and perform this Agreement, that this Agreement is binding on you, and that you have reviewed it, with counsel if desired. You must notify us and cease use if these warranties become untrue. We warrant our authority to provide Services.
Service Fees and 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. You can learn more about our profit share model on our website.
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.
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.
Limitation of Liability and Termination
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.
Our liability is capped at the service fees paid by you in the prior 1 month.
Either party may terminate with 30 days’ written notice or immediately upon material breach by the other. We may terminate immediately if you become insolvent or bankrupt, are subject to receivership, or cease operations. 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.
General Legal Provisions and Contact
Assignment of this Agreement requires our written consent; unauthorized attempts are void. Unenforceable terms will be reformed to match intent; other terms remain effective. This Agreement is governed by El Salvador law, excluding conflict-of-law rules. Disputes will be resolved via ICC arbitration in San Salvador, in Spanish, with final, enforceable awards. This Agreement supersedes all prior understandings.
We are not liable for delays or failures due to events beyond our control (e.g., cyberattacks, natural disasters, governmental acts, or exchange outages).
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.
For questions or concerns regarding these terms, please contact support@cryptobots.io.