In PS2, one of the most complex parts is to check what happens under certain circumstances with multiple users investing in the services or disconnecting, all at the same time.  We can try to create tests and examples to simulate some actions, but we noticed that it was far from reality. For this reason, we created the Randomizer!

The Randomizer is an internal tool that creates services, makes that investor connects to them, disconnects or reduces his balances, or hard disconnects in a completely unexpected way allowing us to analyze and detect possible errors in thousands of scenarios. 

Here you can see, for example, the list of our fictional users (I hope you like the series Money Heist, if you haven’t watched it, I will recommend it to you):

And our list of fake services, ready to generate some profits and losses for the users:

Every time that we start our PS2 project, we have this fabulous look and feel

And this is an example of how the execution of the script:

Here we can see how the new accounting process is executed in each of the services, and how much balance each service has as invested or in hard disconnection.

This can simulate hundreds of days of profit-sharing 2.0 until it finds a bug. We have set it up to allow us to review and adjust the scenarios even to only certain conditions. So for example, if we want to run only for one service or disable the hard disconnections, it is possible.

And here you can also see it in an example with more details, where we can see each of the times that users invest in the service or that request to invest out funds additionally to the accounting process. 

These simulations are helping us to create a more solid system and to guarantee that we cover complex scenarios before launching it to the world.

The post PS2 – Randomizer appeared first on Zignaly.

The terms used in this Agreement shall have the same meanings as in the Terms of Service except as otherwise provided herein.

DEFINITIONS AND INTERPRETATION

1.1. Definitions

“ Application ” shall mean the software applications or web applications used or developed by the Licensee in connection with the API.

” Application Programming Interface ” or ” API ” shall mean Iron Cove Markets application programming interfaces and their associated tools including but not limited to object code, software libraries, software tools, sample source code, published specifications, software development kits (“SDKs”) and the Documentation.

” Documentation ” shall include, without limitation, programmer guides, CDs, manuals, materials, and information appropriate or necessary for use in connection with the API.

“ Third Party Software ” shall include, without limitation, development tools, compilers and other software and technology of third parties.

1.2. Construction. In this Agreement, unless the context otherwise requires

words importing the singular include the plural and vice versa;

words importing a gender include both gender and the neuter;

words importing persons include companies, associations and bodies of persons whether corporate or not;

the words: “may” shall be construed as permissive; “shall” or “will” shall be construed as imperative;

the term “include” or “includes” means includes, without limitation, and “including” means including, without limitation;

the terms “hereof”, “herein” and “hereunder” refer to the Agreement as a whole and not to any particular provision of this Agreement; and

the headings contained in this Agreement are for reference purposes only, and shall not affect in any way the meaning or interpretation of the Agreement.

LICENSE

2.1. Grant of License. Subject to the terms of this Agreement, Zignaly hereby grants the Licensee a limited, non-exclusive, non-sublicensable, non-transferable, non-assignable, royalty-free license under Iron Cove Markets intellectual property rights during the term of this Agreement (i) to use the API solely for the purpose of Licensee’s internal development efforts to develop Applications to work in conjunction with the Services referenced in the API; (ii) to distribute or allow access to Licensee’s integration of the APIs within the Application to end users of the Application; and (iii) to display the data received from the APIs within the Application.

2.2. Revocation of License . We may revoke this license at any time for any reason at our sole discretion. We may also limit or suspend API calls from your Application if we determine in our sole discretion the number of API calls to the Services is excessive or you are violating this Agreement.

2.3. License Restrictions . You shall not:

disclose or provide the APIs to any person or entity other than to Licensee’s employees or independent contractors who are individuals, provided (i) such persons enter into an agreement with Licensee at least as protective of Iron Cove Markets rights as this Agreement, and (ii) Licensee hereby agree to be responsible for, and liable to Zignaly for, any breaches of such agreements by Licensee’s independent contractors;

use the APIs for any illegal, unauthorized or otherwise improper purposes, or in any manner which would violate this Agreement or the Documentation, or breach any laws or regulations, or violate the rights of third parties;

remove any legal, copyright, trademark or other proprietary rights notices contained in or on materials Licensee receive or access pursuant to this Agreement, including but not limited to, the APIs and the Documentation;

reproduce, distribute, license (whether or not through multiple tiers), transfer or otherwise provide or make the API available to any third party;

introduce into the Services any viruses, worms, Trojan horses, backdoors, or other malicious code through the Application or otherwise;

interfere with or disrupt the Services, or servers or networks connected to the Services, or disobey any requirements, procedures, policies or regulations of networks connected to the Services;

use the APIs in a manner that, as determined by Zignaly in its sole discretion, exceeds reasonable request volume, constitutes excessive or abusive usage, or otherwise fails to comply or is inconsistent with any part of the Documentation;

attempt to derive the source code or object code for the Services or any component thereof, including by reverse engineering, decompiling, disassembling, or similar means;

use your Application to interfere with or attempt to interfere with or disrupt the integrity, security, functionality, or proper working of the Services; or

access and/or use the Services and API in order to build a similar or competitive product.

2.4. Compliance . You shall comply with the Terms of Service, Privacy Policy, Margin Facility Agreement, and all laws that apply to you with respect to your use of the API or the Services.

OTHER RIGHTS AND LIMITATIONS

3.1. Copies. You may copy the API only as necessary to exercise your rights hereunder.

3.2. No Reverse Engineering. You shall have no right to any source code for any of the software in the API, except for the explicit rights to use the source code as provided to you hereunder. You may not reverse engineer, decompile, modify, disassemble or otherwise alter the API or any part thereof or otherwise reduce the API to human-perceivable form in whole or in part, except and only to the extent that such activity is expressly permitted by this Agreement or applicable laws.

3.3. Third Party Software . You acknowledge that effective utilisation of the API may require the use of Third Party Software. You are solely responsible for procuring such Third Party Software and technology and the necessary licenses for the use thereof. We make no representation or warranty concerning Third Party Software and we shall have no obligation or liability with respect to Third Party Software.

3.4. No right is granted to Licensee to sublicense its rights hereunder. All rights not expressly granted are reserved by Zignaly and, except as expressly set forth herein, no license is granted by Zignaly under this Agreement directly, by implication, estoppel or otherwise, under any patent, copyright, trade secret or trademark or other intellectual property rights of Zignaly. Nothing herein shall be deemed to authorize Licensee to use Iron Cove Markets trademarks or trade names in Licensee’s Application, advertising, marketing, promotional, sales or related materials. Zignaly reserves all rights not otherwise expressly granted in this Agreement.

3.5. No assertion by Licensee. Licensee agrees not to assert any patent rights or other intellectual property rights related to the API or applications developed using the API against Zignaly, Zignaly Entities, Iron Cove Markets Affiliated Entities, distributors, Licensees, or other licensees of the API for making, using, selling, offering for sale, or importing any products or technology developed using the API.

INTELLECTUAL PROPERTY

4.1. Ownership. Zignaly or its licensors shall own and retain all proprietary rights, including all patent, copyright, trade secret, trademark and other intellectual property rights, in and to the API and any corrections, bug fixes, enhancements, updates, improvements, or modifications thereto and Licensee hereby irrevocably transfers, conveys and assigns to Zignaly all of its right, title, and interest therein. Zignaly shall have the exclusive right to apply for or register any patents, mask work rights, copyrights, and such other proprietary protections with respect thereto. Licensee acknowledges that the license granted under this Agreement does not provide Licensee with title or ownership to the API, but only a right of limited use under the terms and conditions of this Agreement.

4.2. Promotion. Licensee grants Zignaly a worldwide, non-exclusive, non-assignable and non-transferable licence to display the Licensee trade names, trade marks, service marks, logos and domain names to promote or advertise your use of the API. We may, without your consent, publicly refer to you, orally or in writing, as a licensee of the API. We may also publish your name and logo on our Services, in press releases, and in promotional materials without additional consent or notice to you.

SUPPORT

Licensee agrees to report to Zignaly any errors or difficulties discovered and the characteristic conditions and symptoms of such errors and difficulties. Zignaly is in no way obligated to provide Licensee with any error correction or support, but may provide whatever error correction and/or support services Zignaly may determine in its sole discretion (and anything it provides in connection therewith will be deemed part of the API). Nothing herein shall be construed to require Zignaly to provide support services or updates, upgrades, bug fixes or modifications to the API.

CONFIDENTIALITY

The API (including, without limitation, all improvement, derivatives, modifications and the like) constitutes Iron Cove Markets confidential information (“ Confidential Information ”). Licensee hereby agrees (i) to hold the Confidential Information in confidence and to take reasonable precautions to protect such Confidential Information (including, without limitation, all precautions the Licensee employs with respect to its own confidential materials), (ii) not to divulge any Confidential Information to any third person (except consultants, subject to the conditions stated below), (iii) not to use any Confidential Information except for the purposes set forth in this Agreement, and (iv) not to copy or reverse engineer any Confidential Information. Any employee or consultant given access to the Confidential Information must have a legitimate “need to know” and shall be similarly bound in writing. Licensee acknowledges and agrees that due to the unique nature of Iron Cove Markets Confidential Information, there can be no adequate remedy at law for any breach of its obligations hereunder and therefore, that upon any such breach or any threat thereof, Zignaly shall be entitled to appropriate equitable relief in addition to whatever remedies it might have at law.

TERM

7.1. Commencement. The effective date of this Agreement is the start of use of the API by the Licensee.

7.2. Non-Compliance . This Agreement shall terminate automatically if the Licensee fails to comply with any of the terms and conditions of this Agreement and the Licensee shall be liable to Zignaly, the Zignaly Entities and its suppliers for damages or losses caused by its non-compliance.

7.3. Termination . Either party shall have the right to terminate the Agreement, upon a ten (10) days written notice to the other party.

7.4. Documentation and Copies. Upon termination of this Agreement, Licensee will immediately cease using the Documentation, and Licensee agrees to destroy all adaptations or copies of the API and Documentation or return them to Zignaly upon termination of this License.

7.5. Audit. Zignaly shall have the right to audit the Licensee use of the API in conjunction with this Agreement, and the Licensee shall provide reasonable assistance for this purpose.

7.6. Survival. Zignaly rights and Licensee obligations contained in this Agreement survive any expiration or termination of this Agreement.

DISCLAIMER OF WARRANTIES

The Licensee acknowledges that the API, and any services are provided “AS IS” without warranty of any kind.

ZIGNALY AND ITS LICENSORS EXPRESSLY DISCLAIM ALL WARRANTIES RELATING TO THE API OR THE SERVICES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES AGAINST INFRINGEMENT OF THIRD-PARTY RIGHTS, SATISFACTORY QUALITY, CORRESPONDENCE WITH DESCRIPTION, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY YOU FROM ZIGNALY OR THROUGH OR FROM THE API OR THE DOCUMENTATION SHALL CREATE ANY WARRANTY. ZIGNALY DOES NOT WARRANT THAT THE API AND DOCUMENTATION ARE SUITABLE FOR LICENSEE’S USE, THAT THE API OR DOCUMENTATION ARE WITHOUT DEFECT OR ERROR, THAT OPERATION WILL BE UNINTERRUPTED, OR THAT DEFECTS WILL BE CORRECTED. ZIGNALY MAKES NO WARRANTY REGARDING THE RESULTS OF THE USE OF THE API AND DOCUMENTATION.

INDEMNIFICATION

You agree to indemnify and hold Zignaly, its subsidiaries, affiliates, agents, employees, agents, successors and assigns (” Zignaly Entities ”) harmless from and against any and all liabilities, losses, damages, costs and expenses, including attorney’s fees, incurred by any of Zignaly Entities arising out of of your use of the API, your connection to the API, or your violation of the Agreement.

Zignaly Entities reserve the right to exercise sole control over the defense, at your expense, of any claim subject to indemnification under this section.

LIMITATION OF LIABILITY

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, YOU EXPRESSLY UNDERSTAND AND AGREE THAT IN NO EVENT WILL ZIGNALY ENTITIES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS BE LIABLE FOR ANY INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR SIMILAR DAMAGES OR LIABILITIES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF DATA, INFORMATION, REVENUE, PROFITS OR OTHER BUSINESSES OR FINANCIAL BENEFITS) ARISING OUT OF OR RELATING TO THE USE OR THE INABILITY TO USE THE API, ANY PERFORMANCE OR NON-PERFORMANCE OF THE API OR THE SERVICES, APPLICATION, ANY THIRD PARTY SOFTWARE, ITS CONTENT OR FUNCTIONALITY, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY EVEN IF THE ZIGNALY ENTITIES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

IF YOU ARE DISSATISFIED WITH THE API, THE DOCUMENTATION, ANY PORTION OF THE SERVICES OR WITH THIS AGREEMENT, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USE OF THE API AND/OR THE SERVICES.

NO WAIVER

From time to time, Zignaly may fail to require or strictly enforce compliance with relation to any provision in this Agreement. Zignaly may also fail to exercise any or all of its rights empowered herein. Any such failure shall not be construed as a waiver or relinquishment of Zignaly’s right to assert or rely upon any such provision or right in that or in any other instance. If applicable, an express waiver given by Zignaly of any condition, provision, or requirement of this Agreement shall not constitute a waiver of any future obligation to comply with such condition, provision or requirement.

GOVERNING LAW AND JURISDICTION

This Agreement shall be interpreted by the English law without giving effect to any conflict of laws principles that may provide for the application of the law of another jurisdiction.

You agree to submit any Dispute (as defined below) to arbitration in accordance with the terms of Section 13. To the extent that the agreement to arbitrate is ineffective or void, you agree to submit to the exclusive jurisdiction of the courts of England.

SUBMISSION TO ARBITRATION

Any dispute, claim, suit, action, cause of action, demand, or proceeding arising out of or related to this Agreement (any “Dispute”) that is not settled by you and Zignaly within 30 days from the date that either party notifies the other party in writing of the Dispute shall be referred to and finally settled by arbitration. Further, the parties hereby agree that:

To attempt informal resolution prior to any demand for arbitration for at least 30 days before initiating any arbitration or court proceeding. Such informal negotiations commence upon receipt of written notice from you. If we cannot resolve the dispute on an informal basis, you and we agree that any dispute arising under this Agreement shall be finally settled in binding arbitration, on an individual basis;

That any dispute, controversy or claim arising out of or relating to the Terms, or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the London International Arbitration Centre (“IAC”) rules;

That the number of arbitrators shall be one;

That the place of arbitration shall be the IAC, unless the Parties agree otherwise;

That the language to be used in the arbitral proceedings shall be English;

That the courts in Saint Vincent and the Grenadines have non-exclusive jurisdiction over any appeals of an arbitration award and over any suit between the parties not subject to arbitration;

That the arbitrator has the authority to grant any remedy that would otherwise be available in court; and

That the parties shall split the costs and expenses of any arbitration and bear their own legal costs and expenses.

WAIVER OF CLASS ACTION RIGHTS AND CLASS WIDE ARBITRATION

You and Zignaly agree that any claims relating to this Agreement or to your relationship with Zignaly as a Licensee of the API (whether based in contract, tort, statute, fraud, misrepresentation, or any other legal theory, and whether the claims arise during or after the termination of this Agreement) shall be brought against the other party in an arbitration on an individual basis only and not as a plaintiff or class member in a purported class or representative action. You and Zignaly further agree to waive any right for such claims to be brought, heard, or arbitrated as a class, collective, representative, or private attorney general action, to the extent permissible by applicable law. You agree not to join with any other individual or entity or group of individuals or entities for the purpose of seeking to resolve the respective Disputes on a consolidated or representative basis.

MISCELLANEOUS

15.1. Assignment . You may not assign any rights and/or licenses granted under this Agreement. We reserve the right to assign our rights without restriction, including without limitation to any of our affiliates or subsidiaries, or to any successor in interest of any business associated with the Services. Any attempted transfer or assignment in violation hereof shall be null and void. Subject to the foregoing, this Agreement will bind and inure to the benefit of the parties, their successors and permitted assigns.

15.2. Severability . If any provision of this Agreement shall be determined to be invalid or unenforceable under any rule, law or regulation or any governmental agency, local, state, or federal, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of the Terms shall not be affected.

15.3. Force Majeure. We shall have no liability for any failure or delay resulting from any abnormal or unforeseeable circumstances outside our reasonable control, the consequences of which would have been unavoidable despite all efforts to the contrary, including without limitation governmental action or acts of terrorism, war, earthquake, fire, flood, or other acts of God, labor conditions, delays or failures caused by problems with another system or network, mechanical breakdown or data-processing failures or where we are bound by other legal obligations.

15.4. Survival. Upon termination of your account or this Agreement for any other reason, all rights and obligations of the parties that by their nature are continuing will survive such termination.

15.5. Third Party Rights . The Terms are not intended and shall not be construed to create any rights or remedies in any parties other than you and us and any affiliates which each shall be a third party beneficiary of the Terms, and no other person shall assert any rights as a third party beneficiary hereunder.

LICENSEE ACKNOWLEDGES HAVING RECEIVED, READ AND UNDERSTOOD THE FOREGOING TERMS AND HEREBY AGREES TO BE BOUND BY ALL OF THE TERMS AND CONDITIONS HEREOF.

The post API License Agreement appeared first on Zignaly.

Spot trading or Margin Trading in Virtual Assets and/or Virtual Asset Derivatives (“Trading”) carries a high level of risk to your capital. Trading is not suitable for everyone and may result in losses that are greater than your deposits. You should only trade with money you can afford to lose.

This Risk Warning (this “Warning”) provides you with a non-exhaustive overview of the key risks that you should take into account when deciding whether to open an Account and trade in Virtual Asssets and/or Virtual Asset Derivatives. This Warning does not explain all of the risks involved in Trading or how the risks relate to your personal circumstances. It is important that you read and understand the relevant legal documentation to fully be aware of the risks involved according to your personal circumstances before deciding to open an Account and access and/or use the Services. We recommend that you seek independent advice if you are unsure.

In consideration of Highend Technologies LLC (“we”, “our”, “us”, “Zignaly”) agreeing to provide Services to the User, the User acknowledges, understands and agrees that:

NO GUARANTEE OF PROFITS

Zignaly provides no guarantees of profit nor of avoiding losses when Trading. User has received NO guarantee from Zignaly or from any Zignaly Entities. Users are aware of the risks inherent in trading and are financially able to bear such risks and withstand any losses incurred.

NO INVESTMENT, FINANCIAL, LEGAL, REGULATORY OR TAX ADVICE

You are solely responsible for any decisions that you make in relation to the Virtual Assets, and/or Virtual Asset Derivatives purchased, sold and/or traded through our Services.

Zignaly is not an investment, financial, legal or tax advisor nor do we provide any investment, financial, regulatory, tax or legal advice. In certain cases, we may provide you with general factual information about the market and our Services. Any information and analysis provided by us is general in nature, and purely for informational purposes, and does not take into account the User’s personal objectives, financial situation, investment risk profile or needs. Furthermore, you must not regard any of the information that we provide to you as an investment recommendation or an offer to make a transaction.

APPROPRIATENESS

Do not invest with money or Virtual Assets you cannot afford to lose. Trading carries a high degree of risk and due to fluctuations in value, the User may not get back the amount invested, or you may lose a substantial proportion or all of your capital. Virtual Assets, and Virtual Assets Derivatives are not suitable for everyone. You should carefully consider whether you can afford to bear the risks of loss involved in using the Services and, in particular, trading Virtual Assets, and Virtual Assets Derivatives.

Virtual Assets, and/or Virtual Asset Derivatives are not suitable for an investor seeking an income from their investments, as the income from such investments may fluctuate in value in money terms.

If you decide to continue and open an Account and use the Services, you are confirming that you are aware of and understand the risks.

THE SERVICES

The User is warned, and the User agrees and understands that when trading using Zignaly Services he assumes risk of financial loss which may be a consequence of amongst other things: i) Failure of User’s devices, software and poor quality of connection; ii) Zignaly or User’s hardware or software failure, malfunction or misuse; iii) Improper work of User’s equipment; iv) Wrong setting of User’s Terminal; and/or v) Delayed updates of User’s Terminal.

Zignaly provides the Trading Terminal, an interface that connects users to Digital Asset Exchanges. However, Zignaly does not operate a Digital Asset Exchange. We do not administer the underlying trading platforms of the Digital Asset Exchanges for the bids or offers and we do not enforce contracts among parties engaged in financing activities available on those Digital Asset Exchanges through the Trading Terminal. The underlying trading platform of the Trading Terminal is administered and operated by the Digital Asset Exchange. We shall in no event be held liable for any loss or other damages, including but not limited to special, incidental, consequential, or other damages arising from the acts of any operator of the Digital Asset Exchange. You are responsible for understanding the Terms and Conditions of the operators of the Digital Asset Exchanges.

Although Zignaly uses its best efforts to conduct comprehensive due diligence on the Digital Asset Exchanges available in the Trading Terminal, these Digital Asset Exchanges may be unregulated exchanges and their practices may vary widely, including as to their security, encryption, and liability for losses. Digital Asset Exchanges may not be required to comply with any rules regarding wash trading, insider trading, promoting price discovery, insuring losses, protecting against fraud, ensuring anti-money laundering compliance, and many other salient features. Digital Asset Exchanges may carry on fraudulent operations or fronts for fraudulent schemes and be in a jurisdiction where there is no likelihood of recovery or recompense. Digital Asset Exchanges could provide incorrect, delayed, or otherwise flawed data for a variety of reasons, including as a result of software bugs and the aforementioned limited oversight on markets for cryptocurrencies. Such poor data could misinform the User trading strategies or engender inaccurate price discovery mechanisms. Errors, fraud, and other issues with Digital Asset Exchanges have resulted in extensive, irretrievable losses on multiple occasions in the recent past. The underlying software and mechanisms for the Digital Asset Exchanges could malfunction, executing trades for the Users at faulty prices and adversely affecting the Users’ investments. Digital Asset Exchanges could choose to roll back trades to the benefit of other parties but to the detriment of the Users. In general, errors and unreviewable decisions by the exchanges could adversely impact the value of the investment of the Users.

COPY TRADERS, SIGNAL PROVIDERS, PAMM MANAGERS

Users choosing to configure any number or type of trading signals made available by Signal Providers do so with the understanding that Zignaly may not be held responsible for any delayed, failed, or incorrectly transmitted notification. A trading signal may not successfully reach the user for any number of reasons, such as the failure of servers. Even without such failure or delay of an alert, the validity and usefulness of the information represented in a successfully transmitted alert of a trading signal may be diminished due to market volatility, incorrect pricing or other information sourced from a Digital Asset Exchange, or other unforeseen technical issues or market conditions. In particular, a Digital Asset or Digital Asset Derivative may be temporarily or permanently delisted from a Digital Asset Exchange without notice, or support for certain Digital Assets, Digital Asset Derivatives and/or Digital Asset Exchanges may become unavailable, in which case related trading signals may have diminished utility.

Zignaly expressly states to the User that it does not guarantee profit or the recurrence of rates of return that have been made by the PAMM Manager, Copy Trader and/or Signal Provider in the past and warns that no positive record of trading strategy implementation ensures the repeat of trading success in the future.

A PAMM Manager can disrupt the obligation to manage the PAMM Accounts with respect to the best interests of Users, which we may not have the information, so that the funds invested to a PAMM Account, can be lost.

The User bears financial responsibility for any losses incurred on the Account as a result of the trading signals of the Signal Providers and/or the trading activities of the Copy Traders and/or the PAMM Managers.

The User accepts full responsibility for any and all financial losses such as direct losses or profit losses resulting from the following risks: i) risk that the PAMM Manager, Copy Trader and/or Signal Provider does not possess the necessary qualification (if required) or knowledge necessary to carry out trading activities; ii) risk that the PAMM Manager, Copy Trader and/or Signal Provider may carry out fraudulent operations using the Services functionality; iii) risk that the Copy Trader, PAMM Manager, Signal Provider may lose control over the Account and third parties may gain access to the Account; iv) risk that the User may misunderstand or misinterpret these Terms; v) risk of the Copy Trader, User, PAMM Manager, Signal Provider Account closure.

GENERAL TRADING RISKS

Virtual Asset prices are highly volatile and trading in Virtual Assets is extremely risky. In addition, several factors may affect market liquidity for a particular Virtual Asset, such as regulatory activity, market manipulation, the acts or omissions of the issuer of the Virtual Asset, or unexplainable price volatility. VirtualAssets are decentralized and non-regulated, which means that there is no central bank that can take corrective measures to protect the value of a Virtual Asset in a crisis or issue more Virtual Assets. As a result, Virtual Asset trading involves a high risk of loss of funds over a short period of time due to high market volatility, execution issues and industry-specific disruptive events, including, but not limited to, discontinuation, regulatory bans and other malicious actors within the Virtual Assets industry.

Digital Asset Exchanges could provide incorrect, delayed, or otherwise flawed data for a variety of reasons, including as a result of software bugs and the limited oversight on markets for Virtual Assets. Such poor data could misinform the User trading strategies or engender inaccurate price discovery mechanisms. Errors, fraud, and other issues with Digital Asset Exchanges have resulted in extensive, irretrievable losses on multiple occasions in the recent past. The underlying software and mechanisms for the Digital Asset Exchanges could malfunction, executing trades for Users at faulty prices and adversely affecting the User investments. In general, errors and unreviewable decisions by Digital Asset Exchanges could adversely impact the value of the investment of the Users.

It is important that you comprehend the risks associated with trading on a market as fluctuations in the price of the underlying spot market will have an effect on the profitability of the trade.

When Trading, Slippage may occur. Slippage is the difference between the expected price of a Transaction, and the price the Transaction is actually executed at. Slippage often occurs during periods of higher volatility (for example due to news events) making an order at a specific price impossible to execute, when market orders are used, and also when large orders are executed when there may not be enough interest at the desired price level to maintain the expected price of the trade. Furthermore, prices displayed on the Trading Terminal are solely an indication of the executable rates and may not reflect the actual executed or executable price of an order due to issues related to latency in the prices provided and connectivity issues. It is important that you comprehend that when placing an order, your order may not be filled at the quoted price.

By using the Services, you accept the risk of trading Virtual Assets, and/or Virtual Asset Derivatives. In entering into any transaction, you represent that you have been, are, and will be solely responsible for making your own independent appraisal into the risks of the transaction and the underlying Virtual Asset.

LIQUIDITY RISKS

Trading in Virtual Assets, and/or Virtual Asset Derivatives is riskier, less liquid and more volatile. The liquidity of the markets on the Trading Terminal will depend on, among other things, supply and demand on the Trading Terminal and the interest in these markets. There is a risk that there may be limited volume and liquidity which may result in delays in order execution, and potentially, some orders may not be executed.

VIRTUAL ASSET PRICING RISKS

Digital Asset Exchanges may use its own or a third-party methodology for calculation of Virtual Asset prices, which may differ from publicly-reported prices from other sources. The methodology and the sources for calculating the Virtual Asset prices may be subject to change at any time without notice in the Digital Asset Exchange sole and absolute discretion. The change of methodology and sources for calculating Virtual Asset prices may affect the published prices, and therefore, may affect the profitability or losses of your trades. Zignaly is not responsible or liable for any direct or consequential losses a User may incur as a result (directly or indirectly) of a change in the methodology and the sources for calculating the Virtual Asset prices by Digital Asset Exchanges.

MARGIN TRADING RISKS

Margin Trading means that both profits and losses can be magnified, and you could incur very large losses if your position moves against you. You may even suffer losses that exceed the amount you deposited as Margin and your failure to maintain a sufficient amount of Margin may result in the forced-liquidation of your positions.

Before you open a Margin Trading position, the relevant Digital Asset Exchange may require you to deposit an initial Margin and, in order to keep a Transaction open. This means that you will be trading using ‘leverage’ or ‘gearing’ and this can work for or against you; a small price movement in your favour can result in a high return on the initial Margin placed for the trade, but a small price movement against you may result in substantial losses.

Margin Trading means you can secure a significantly larger exposure to an underlying asset for a relatively small initial Margin. However, the use of leverage magnifies the size of your trade, which means your potential gain and your potential loss are equally magnified. Therefore, you should closely monitor all of your open positions to manage the risk of large losses.

DIGITAL ASSET WALLET RISKS

You are responsible to use the correct blockchain address of your virtual asset wallet address or addresses associated with your Account (the “ Digital Asset Wallet ”) for any deposit, or transfer, and that the address you use is compatible with the Virtual Asset you are depositing, or transferring. Any inaccuracy in a Digital Asset Wallet or in the Virtual Asset that you attempt to transfer, may result in total loss of the Virtual Asset concerned.

Zignaly does not provide custodial services. Digital Assets maintained in your Iron Cove Markets account are either maintained in your External Exchange Account and/or your Exchange Sub-Account under the Exchange Master Account from a Digital Asset Exchange. You acknowledge, understand and agree that Zignaly shall not be held liable for losses arising from any security issues of the Digital Asset Exchanges or from any actions taken by the Digital Asset Exchanges.

Furthermore, Virtual Assets transferred to or held in the Digital Asset Wallet are not insured by any Government Agency or public authority, and are not covered by any deposit protection schemes. Furthermore, they are segregated from, and may be commingled with, other Users’ Virtual Assets. Zignaly does not have any trust, fiduciary, or other custodial relationship with you. Your Wallet Account balances (including both deposits, trading profits or any other Virtual Assets kept in your Digital Asset Wallet) are not insured, and therefore they are at a risk of total loss, from, among others things, security breaches (whether in respect of your accounts specifically or the Services), electronic, technological or systems failures, and Zignaly insolvency or bankruptcy, or equivalent formal proceedings.

OPERATIONAL RISKS

Operational risks with Zignaly on your computer are inherent in every transaction. For example, disruptions in Zignaly’s operational processes such as communications, computers, computer or mobile networks or external events may lead to delays in the execution and settlement of a transaction. Zignaly does not accept or bear any liability whatsoever in relation to the operational processes of Zignaly, except to the extent that it is caused by the fraud, negligence or dishonesty by Zignaly.

In connection with the use of computer equipment and data, the User bears certain risks amongst other risks, in which cases Zignaly has no liability of any resulting loss, including but not limited to i) Power cut of the equipment on the side of the User or the provider; ii) wrong or inconsistent with requirements settings of the User Terminal; or iii) Untimely update of the User Terminal. The User may suffer financial losses caused by the materialization of these risks, Zignaly does have no responsibility or liability in the case of such a risk materializing and the User shall be responsible for all related losses he may suffer.

REGULATORY RISKS

Neither Zignaly nor the Services are regulated or supervised by any regulatory body. You understand your responsibility to make sure that you comply with any and all laws, regulations, directives, restrictions of your place or places of residence before using our Services. Our Services shall not be accessed or used, and we do not offer or solicit the access or use of the Services, in jurisdictions in which the Services are not permitted (including, without limitation, Prohibited Jurisdictions).

Regulation of Virtual Assets, Virtual Asset Derivatives, Virtual Asset service providers, and blockchain technologies, which include Zignaly Services lack uniformity and are unsettled in many jurisdictions. These regulations are evolving rapidly, are subject to significant variation among international jurisdictions and are generally subject to significant uncertainty. Zignaly may receive queries, notices, warnings, requests or rulings from one or more regulatory authorities from time to time, or may even be ordered to suspend or discontinue any action in connection with the Services. There is no guarantee that new laws or regulations or new enforcement or interpretation of current laws or regulations will not adversely affect Virtual Assets, or Virtual Assets Derivatives, the Services, the price and liquidity of the Virtual Assets, or Virtual Assets Derivatives traded through the Trading Terminal. Furthermore, Zignaly may limit the availability of the Services to certain persons based on their citizenship, residence or location from engaging in any transactions, which may also negatively affect the aforementioned price and liquidity of the Virtual Assets, or Virtual Assets Derivatives traded through the Trading Terminal.

CYBERSECURITY RISKS

There have been many documented incidents of thefts and attempted thefts of Virtual Assets and Digital Asset Exchanges. This may make such entities the target of cryptocurrency thieves and scammers. Due to the rapidly evolving nature of cryptocurrency, there likely will always be a risk of vulnerability to theft even with adherence to security best practices. There can be no guarantee that Digital Asset Exchanges will not be a victim of Virtual Asset theft, the result of which may adversely affect the Users, including a loss of the Virtual Assets held in their Digital Asset Wallet.

Furthermore, cyberattacks, including but not limited to malware attacks, denial of service attacks, coordinated attacks and account takeovers may negatively affect the Services, and the value of Virtual Assets, or Virtual Assets Derivatives traded through the Services. Cyberattacks may also lead to unauthorized access to Accounts or Iron Cove Markets systems for misappropriation of assets or sensitive information, corrupting data, or causing operational disruption. Cyberattacks to third party service providers could substantially affect the Services.

You are responsible for maintaining adequate security and control of any and all user IDs, passwords that you use to access the Services. You are strongly encouraged to use two-factor authentication in accessing the Website and the Services, and may adjust their security features in their user settings. If you suspect or become aware of any unauthorized use of your Account, you should notify Zignaly immediately. Zignaly assumes no liability for any loss or damage arising from the access and/or use of your Account by you or any third party with or without your authorization.

INSOLVENCY RISK

Our insolvency or default may lead to positions being liquidated or closed out without your consent. In certain circumstances, you may not recover the Virtual Assets held in your Account.

FISCAL RISK

There is a risk that the User’s trades through the Services may be or become subject to tax and/or any other duty for example, due to changes in legislation or User’s personal circumstances. Zignaly does not offer tax advice, and the User is responsible for any taxes and/or any other duty which may accrue in respect of his trades through the Services.

Furthermore, tax laws and regulations are highly complex and subject to interpretation, especially when cross-border transactions and multiple tax jurisdictions are involved. Consequently, Zignaly are subject to changing tax laws, treaties and regulations. If any tax authority successfully challenges the operational structure of Zignaly, or Zignaly loses a material tax dispute, the Zignaly tax liabilities could increase substantially. This could cause Zignaly financial resources to be constrained or impaired. This in turn could negatively affect the availability and/or provision of the Services.

ACCURACY OF INFORMATION

Although we use our best efforts to keep the information related to the Services as accurate, complete and up to date as possible, there is a risk that the information related to the Services may not be accurate, complete or up to date.

FORCE MAJEURE EVENTS

In case of a Force Majeure Event, Zignaly may not be in a position to arrange for the execution of User Orders or fulfil its obligations under the Terms of Service with the User. As a result the User may suffer financial loss. Zignaly will not be liable or have any responsibility for any type of loss or damage arising out of any failure, interruption, or delay in performing its obligations under the Terms where such failure, interruption or delay is due to a Force Majeure event.

FEES

Our schedule of fees is published on our Website, and can be found here . Our Schedule of Fees may change at any time, at our discretion.

PAMM Managers may charge commissions in the form of Success Fees on trading profits. Success Fees are set by PAMM Managers at their own discretion. Copy Traders and Signal Providers may charge monthly subscription payments to Users at their own discretion.

The post Risk Warning appeared first on Zignaly.

The Terms of Service, together with all other agreements, acknowledgments and authorizations by User in connection with the registration or maintenance of an account with Zignaly and the use of the Services, including but not limited to the API License Agreement, the Risk Warning and the Privacy Policy, which are found on our website (together the “ Terms ”) represent the terms with which Zignaly will provide the Services to the User. The Terms sets out the respective rights and obligations of both parties in connection with the Services and both parties will accept and be bound by these terms on acceptance of the terms and conditions contained herein. User agrees that the following rights and obligations will govern the relationship between Zignaly and User.

PLEASE READ THE TERMS CAREFULLY AS THEY GOVERN YOUR RELATIONSHIP WITH ZIGNALY. IF YOU DISAGREE WITH ANY PART OF THE TERMS THEN YOU SHALL NOT ACCESS ANY SERVICES AND PRODUCTS OFFERED BY OR THROUGH ZIGNALY. THIS AGREEMENT CONTAINS A BINDING ARBITRATION CLAUSE AND CLASS ACTION WAIVER THAT IMPACT YOUR RIGHTS ABOUT HOW TO RESOLVE DISPUTES. PLEASE READ IT CAREFULLY.

BY REGISTERING AND/OR MAINTAINING AN ACCOUNT AND/OR ACCESSING AND/OR USING OUR SERVICES YOU ACKNOWLEDGE THAT (I) YOU HAVE READ AND UNDERSTAND YOUR OBLIGATIONS AND RIGHTS UNDER THE TERMS AND AGREE AND ACKNOWLEDGE THAT THIS TERMS OF SERVICE, THE API LICENSE AGREEMENT, THE RISK WARNING AND THE PRIVACY POLICY WILL COMPRISE THE FULL TERMS AND CONDITIONS OF YOUR RELATIONSHIP WITH ZIGNALY; (II) YOU AGREE THAT YOU ARE FULLY RESPONSIBLE FOR MAKING ALL DECISIONS AS TO TRANSACTIONS EFFECTED FOR YOUR ACCOUNT; (III) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRADING IN DIGITAL ASSETS AND DIGITAL ASSET DERIVATIVES; (IV) YOU ASSUME ALL RISKS RELATED TO THE USE OF YOUR ACCOUNT AND TRADING IN DIGITAL ASSETS AND DIGITAL ASSET DERIVATIVES; (V) YOU ARE AWARE AND ASSUME ALL THE RISKS RELATED TO THE USE OF TRADING BOTS, PAMM ACCOUNTS AND SOCIAL TRADING (VI) ZIGNALY SHALL NOT BE LIABLE FOR ANY SUCH RISKS OR ADVERSE OUTCOMES; AND (VI) YOU DECLARE THAT YOU HAVE CONSIDERED THE FOREGOING FACTORS AND IN VIEW OF YOUR PRESENT AND ANTICIPATED FINANCIAL RESOURCES, YOU ARE WILLING AND ABLE TO ASSUME THE SUBSTANTIAL FINANCIAL RISKS OF TRADING IN DIGITAL ASSETS, FUTURES, DIGITAL ASSET DERIVATIVES AND THE USE OF TRADING BOTS, PAMM ACCOUNTS AND SOCIAL TRADING.

IT IS YOUR RESPONSIBILITY TO FIND OUT ALL NECESSARY INFORMATION ABOUT TRADING IN DIGITAL ASSETS, DIGITAL ASSET DERIVATIVES, PAMM ACCOUNTS AND SOCIAL TRADING AND THE TERMS AND MAKE SURE THAT ALL RISKS AND ARRANGEMENTS ARE DISCUSSED AND CLEARLY UNDERSTOOD PRIOR TO ANY TRADING ACTIVITY OR USE OF THE SERVICES.

1.DEFINITIONS AND INTERPRETATION

1.1. Definitions

“Account” shall mean the Account opened by Zignaly for the User which provides access to the Services.

“Agreement” shall include these Terms of Service and all other agreements and authorizations executed by User in connection with the registration or maintenance of an account with Zignaly and the use of the Services.

“API” shall mean Application Programming Interfaces provided by Zignaly.

“Content” shall mean any information or documents or images on the Website, and its related sites and mobile applications, data available through any APIs, and any information, documents or images on Iron Cove Markets accounts in any third-party social media platforms, including but not limited to Twitter, Instagram, Telegram, Facebook, Discord, Github, Medium, YouTube, and Reddit.

“Copy Trader” shall mean a User which permits other Users to replicate his or her or its trading activities in the Trading Terminal via the Copy Trading Software.

“Copy Trading Software ” shall mean Zignaly’s copy-trading software which allows Users to automatically replicate a given Copy Trader’s trading activities in Digital Assets and Digital Asset Derivatives through the Trading Terminal.

“Crypto Trading Bot” shall mean Iron Cove Markets software which allows Users to connect with Signal Providers and receive trading signals from such Signal Providers such as recommendations to enter or exit trading positions in Digital Assets and Digital Asset Derivatives.

“Digital Asset Derivatives” shall mean contracts between two or more parties whose value is based on an underlying Digital Asset. Digital Asset Derivatives include but are not limited to Options, Perpetual Swaps, Futures, and other instruments such as forwards, and contracts for difference.

“Digital Asset Exchange” shall mean the digital asset exchanges and digital assets trading platforms operated by third-parties which are accessible through the Trading Terminal.

“Digital Assets” shall mean encrypted currencies or digital assets or digital tokens or Digital currencies or cryptocurrencies which are based on distributed ledger technology and can be digitally traded, or transferred. For the avoidance of doubt, Bitcoin and Ether are Digital Assets.

“Exchange Master Account” shall mean an account maintained by Zignaly in a Digital Asset Exchange.

“Exchange Sub-Account” shall mean a User’s segregated account maintained under the Exchange Master Account accessible through the User’s Account.

“External Exchange Account” shall mean an account maintained by a User in a Digital Asset Exchange which is connected to the User Account.

“Intellectual Property Rights” shall include, but not limited to, any registered or unregistered patents, database rights, data protection rights, trademarks, trade secrets, trade names, corporate names, service marks, tag lines and descriptors, domain names, design, structure, layouts, graphical images, typography, color palettes, and copyrightable works, including but not limited to software applications, underlying source code, stationery, signage, promotional items, advertising and marketing materials, press releases, photographs, forms, and electronic media.

“KYC/AML & CTF Policy” shall mean the policies and procedures implemented by Zignaly to detect and prevent money laundering, terrorist financing, and corruption.

“PAMM Account” shall mean accounts which allow Users to attach Digital Assets to a specific User who manages the Digital Assets on behalf of the relevant Users.

“PAMM Manager” shall be a User who manages PAMM Accounts.

“Profit-Sharing Software” shall mean Iron Cove Markets profit sharing software which allows Users to maintain a PAMM Account.

“Prohibited Activities” shall mean the activities listed in Section 5.3. of these Terms of Service.

“Prohibited Jurisdiction” shall mean (i) the People’s Republic of China, the Province of Ontario (Canada), Afghanistan, Belarus, Central African Republic, Congo, Democratic Republic of the Congo, Republic of the Cote D’Ivoire, Crimea region of Ukraine, Cuba, El Salvador, Eswatini, Gambia, Iran, Iraq, Liberia, Libya, Malawi, Mali, Moldova, Myanmar, Niger, North Korea, Palestinian Territory, Saint Vincent and the Grenadines, South Sudan, Sudan, Syria, Venezuela,, Yemen, Zambia, Zimbabwe; (ii) any state, country or other jurisdiction that is sanctioned and/or embargoed by the United States of America, the European Union and/or Switzerland; (iii) a jurisdiction where it would be illegal according to local law or regulation for you to access or use the Website; or (iv) where the provision or availability of the Website is prohibited or contrary to local law or regulation, or could subject SoteriaLabs to any local registration, regulatory or licensing requirements.

“Services” shall mean all the services provided by Zignaly, as described in Section 6 herein.

“Signal Providers” shall mean Users which provide trading signals such as recommendations to enter or exit trading positions in Digital Assets and Digital Asset Derivatives to other Users.

“Trading Terminal” shall mean Iron Cove Markets trading software, web-based applications, mobile applications and APIs which allows Users to connect with Digital Asset Exchanges either via an Exchange Sub-Account or via an External Exchange Account and place orders for buying and selling Digital Assets and Digital Asset Derivatives in such Digital Asset Exchanges.

“U.S.” or “US ” or “ United States ” shall mean all states of the United States of America, the District of Columbia; the Commonwealth of Puerto Rico; the U.S. Virgin Islands; Guam; the Commonwealth of the Northern Mariana Islands; and all other territories and possessions of the United States of America.

“US Person” shall mean (i) a U.S. citizen; (ii) a U.S. lawful permanent resident; (iii) a protected individual under section 1324b(a)(3) of the U.S. Immigration and Nationality Act, or individual who holds a passport issued by the United States Government; (iv) a corporation, company, partnership, or other legal entity established or organized in or under the Laws of the United States; (v) an individual, a corporation, company, partnership, or other legal entity which engages in a trade or business in the United States and generates income from sources within the United States connected with the conduct of that trade or business; (vi) any estate of a decedent who was a U.S. citizen or a U.S. lawful permanent resident; or a protected individual under section 1324b(a)(3) of the U.S. Immigration and Nationality Act; (vii) any trust if a court within the United States is able to exercise primary supervision over the administration of the trust, and/or one or more US Persons have the authority to control all substantial decisions of the trust, and/or one or US Persons are designated as settlors, trustees, protectors or beneficiaries; (viii) any Person organized or incorporated outside the United States and the Territory or Insular Possession of the United States in which any of the foregoing, whether singularly or in the aggregate, directly or indirectly holds a 50 percent or greater equity interest by votes or value, holds a majority of seats or memberships on the board of directors of the entity, or authorizes, establishes, directs, or otherwise controls the actions, policies, personnel decisions, or day-to-day operations of the Person; or (ix) any person who is subject to taxes in the US.

“User”, “you”, or “your” shall mean the party (or parties) who have agreed to be bound by the Terms.

“User Content” shall mean any content, feedback, suggestions, ideas, or other information or materials about Zignaly, or the Services, that you provide to Zignaly through the Website, the Services, or any other means including but not limited to blogs, message boards, forums and APIs (whether or not submitted through a third party).

“Website ” shall mean https://zignaly.com any subdomains, related domains, mobile applications, and all their downloadable material and e-mails.

“Zignaly ” shall, where the context so permits or requires, mean Highend Technologies LLC, or its subsidiaries and affiliates and their successors and assigns.

1.2. Construction. In this Agreement, unless the context otherwise requires

a) words importing the singular include the plural and vice versa;

b) words importing a gender include both gender and the neuter;

c) words importing persons include companies, associations and bodies of persons whether corporate or not;

d)the words: “may” shall be construed as permissive; “shall” or “will” shall be construed as imperative;

e) the term “include” or “includes” means includes, without limitation, and “including” means including, without limitation;

f) the terms “hereof”, “herein” and “hereunder” refer to the Terms as a whole and not to any particular provision of the Terms; and

g) the headings contained in these Terms are for reference purposes only, and shall not affect in any way the meaning or interpretation of the Terms.

2. AGREEMENT

Zignaly reserves the right, at its sole discretion, to modify or replace these Terms at any time, with or without notice to the User. Any such modification will be effective immediately upon public posting. Your continued use of our Services following any such modification constitutes your acceptance of these modified Terms. If you do not agree to any modification to these Terms, you must stop using the Services. Zignaly encourages you to frequently review the Terms to ensure you understand the terms and conditions that apply to your purchase of, access to, and use of, the Service.

3. DISCLAIMER

Zignaly does not provide financial advice, investment management or any consulting or advisory services. Zignaly is not a Bank, Investment Manager, or any other Financial Institution and does not provide financial services. Zignaly is a software as a service provider that enables a platform for Users to connect with PAMM Managers, Copy-Traders, Signal Service Providers and Digital Asset Exchanges. Your access or use of the Services is at your sole risk, and you are solely responsible for any losses, damages or costs resulting from using or accessing the Services. The Services do not constitute investment advice or any marketing, or promotion or offer of any product or investment to you or any third party. The Services are provided on an “AS IS” and “AS AVAILABLE” basis. The Services are provided without warranties of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, non-infringement or course of performance. Zignaly shall in no event be held liable for any loss or other damages, including but not limited to special, incidental, consequential, or other damages. Without limiting the foregoing, Zignaly does not represent or warrant that the Services are accurate, complete, reliable, current or error-free, or free of viruses or other harmful components. By accessing and/or using our Services, you agree that Zignaly shall not have any liability, contingent or otherwise, to you or to any third parties, for the correctness, quality, accuracy, security, completeness, reliability, performance, timeliness, pricing or continued availability of the Services or for delays or omissions of the Services, or for the failure of any connection or communication service to provide or maintain your access to the Services, or for any interruption in or disruption of your access or any erroneous communications between Zignaly and you, regardless of cause.

4. COMMUNICATION

a) You understand, acknowledge and agree that the method of communication between Zignaly and you shall be electronically via email or via the Website. We will use the email address or your username registered on your account as our means of communicating with you. You agree to keep your email address up-to-date, check your email frequently and immediately notify us if there are any changes.

b) You understand, acknowledge and agree that delivery of any communication to the email address registered in your account is considered valid, and will be deemed to have been acknowledged as authorized, correct, approved, and confirmed by you unless we have received written notice to the contrary within three (3) business days from the date the communication was sent. If any email communication is returned as undeliverable, Zignaly retains the right to block your access to your Account until you provide and confirm a new and valid email address.

c) You understand, acknowledge and agree that Zignaly shall not be responsible to you for information obtained through non-official channels of Zignaly. If you have any questions or concerns related to the truthfulness of information sent in the name of Zignaly, please contact us immediately.

d) You understand, acknowledge and agree that it is a violation of these Terms to make any misstatement of a material fact to Zignaly, or the Zignaly Entities.

5. USER REPRESENTATIONS AND WARRANTIES; ELIGIBILITY

By accessing and/or using the Services, you represent and warrant that:

a) you are at least 18 years old or of legal age to form a binding contract under applicable law, are an individual, legal person or other organization with full legal capacity and authority to enter into these Terms;

b) if you are entering into these Terms on behalf of a legal entity of which you are an employee or agent, you have all necessary rights and authority to bind such legal entity, and (i) you are legally permitted to use the Services in your jurisdiction, and (ii) you are legally permitted to own cryptocurrencies in your jurisdiction;

c) you are responsible for ensuring compliance with the laws of your jurisdiction and acknowledge that Zignaly is not liable for your compliance with such laws,

d) your use of the Services does not constitute a breach of the laws of your jurisdiction;

e) you understand the inherent risks associated with Digital Assets, and trading Digital Assets, and Digital Asset Derivatives;

f) you have a working understanding of the usage of Digital Assets, smart contract based tokens, and blockchain-based software systems;

g) you have sufficient investment knowledge and experience and the capacity to take risks arising from trading in Digital Assets, and Digital Asset Derivatives;

h) you have knowledge and experience in highly volatile markets;

i) you understand and have sufficient knowledge and experience with using PAMM Accounts, and its risks associated;

j) you understand and have sufficient knowledge about how Social Trading works, and its risks associated;

k) you trade with funds you can afford to lose, and have a high-risk tolerance;

l) you will not carry out any activity that (i) involves proceeds from any illegal or unlawful activity (including money laundering or terrorism financing); or (iii) violates, or could violate, any applicable law;

m) you will not be involved or initiate any form of market manipulation;

n) you will not use, or misuse, the Services in any way which may impair the functionality of the Services, or other systems used to deliver the Services or impair the ability of any other user to use the Services or Trading Platform;

o) you will not transmit or input into the Website any files that may damage any other person’s computing devices or software; content that may be offensive; or material or data in violation of any law;

p) you own and have full control of the Digital Asset wallet address used for withdrawals of your Account;

q) you are the legal owner (or an authorized agent of the legal owner) of the funds you deposit to your Account, and that these funds are derived from a legitimate source;

r) you will not use any method or services to mask your internet protocol address or your internet traffic or current location or real internet connection, including but not limited to virtual private networks, proxy servers, Tor browser;

s) you are not a national and/or resident of a Prohibited Jurisdiction;

t) you are not by reason of your nationality, domicile, citizenship, residence or otherwise subject to the laws of a Prohibited Jurisdiction;

u) you are are not, and have not been involved in a transaction with a person who is, on any trade or economic sanctions lists, including, but not limited to, the UN Security Council Sanctions list, designated as a “Specially Designated National” by OFAC (Office of Foreign Assets Control of the U.S. Treasury Department) or placed on the U.S. Commerce Department’s “Denied Persons List”. Zignaly maintains the right to restrict or deny the provision of Services in certain countries and/or to certain natural persons and/or juristic persons at its sole discretion.

6. SERVICES; PAMM MANAGERS, COPY TRADERS AND SIGNAL PROVIDERS

6.1. Services. Subject to your compliance with the Terms, your Iron Cove Markets account provides access to the following Services, unless otherwise noted:

a) the Website;

b) Copy Trading Software;

c) Crypto Trading Bot;

d) Profit Sharing Software;

e) Trading Terminal; and

f) any other service provided by Zignaly from time to time.

6.2. Margin Trading. Digital Asset Exchanges available through the Trading Terminal may provide Users the ability to borrow funds for trading Digital Assets and Digital Asset Derivatives (“ Margin Trading ”). Margin Trading carries significant risk, as it could result in infinite losses. Therefore, The Digital Asset Exchanges may require the User to deposit a collateral (“ Margin ”), and minimum amount of funds as Margin to maintain a Margin Trading position (“ Minimum Margin Requirement ”). Margin Trading may work to your advantage or disadvantage, which may result in major gains but also major losses, and you may lose your Margin or your positions be liquidated due to market fluctuations. By conducting Margin Trading through the Services, you acknowledge and agree that:

a) the provision of financing for Margin Trading is provided by the Digital Asset Exchange at its absolute discretion;

b) Zignaly does not have discretion on the availability of Margin Trading, the Minimum Margin Requirements, or the forced-liquidation of your positions, and therefore, we shall assume no liability or damage caused by your use of Margin Trading through the Account;

c) you have read and understood all the terms and conditions of Margin Trading from the relevant Digital Asset Exchange;

d) failure to meet Minimum Margin Requirements may result in the liquidation of any open positions with a resultant loss; and

e) Digital Asset Exchanges may establish rules and policies for the provision of Margin Trading, including but not limited to minimum account size, investment time period, commissions and fees, leverage size per trade, mark ups, rules relating to stop losses and limits, rules relating to rollovers, rules relating to margin calls, or any other financial arrangement, and that Zignaly has absolutely no discretion over such rules and provisions.

6.3. Trading Fees . Digital Asset Exchanges charge applicable non-refundable fees for opening and closing trading positions via the Trading Terminal (“ Trading Fees ”). Such Trading Fees are at the sole discretion of the relevant Digital Asset Exchange. The User acknowledges and understands that Zignaly does not have any discretion or control over the Trading Fees. The User further acknowledges, understands and agrees that is his or her sole responsibility to understand the relevant Digital Asset Exchange’s Trading Fees. The User agrees to pay all applicable non-refundable fees and commissions and the User authorises Zignaly to automatically deduct the Trading Fees directly from the balance of the Digital Asset Wallet of your Account. The User understands, acknowledges and agrees that Zignaly may, at its own discretion, charge Fees at any time for using the Services.

6.4. Profit Sharing Software, Copy Trading Software, Crypto Trading Bot. The Services provide functionalities which enable the User to deposit funds into a PAMM Account for a PAMM Manager to manage on his behalf, to automatically replicate the trading activity of one or more chosen Copy Traders or to receive recommendations or trading signals from Signal Providers. The User himself is responsible for choosing the PAMM Manager, Copy Trader or Signal Provider, as the case may be. Zignaly bears no responsibility for the actions of the chosen PAMM Manager, Copy Trader and/or Signal Provider.

6.5. PAMM Managers, Signal Providers, Copy Traders. PAMM Managers, Signal Providers and/or Copy Traders are not employees or contractors of Zignaly and are not affiliated with Zignaly in any other way. Zignaly does not authorise the PAMM Manager, Signal Provider and/or Copy Traders to solicit any third parties on behalf of Zignaly to make Investments. Zignaly has no obligation to reveal any personal information about PAMM Managers, Signal Providers and/or Copy Traders.

6.6. No Investment Services. Zignaly does not provide asset management, portfolio management, personalised investment recommendations or advisory services to Users within the scope of the Services. Any information provided by Zignaly to the Users with regards to the copy trading or trading signals activities is not, and should not be, considered as advice of any kind.

6.7. No interference. Users may not interfere in the trading operations of PAMM Managers, Signal Providers or Copy Traders, and/or challenge their trading strategy.

6.8. Becoming a PAMM Manager, Copy Trader or Signal Provider. Any User may become a PAMM Manager, Copy Trader or Signal Provider subject to his registration by Zignaly.

6.9. PAMM Manager, Copy Trader, Signal Provider Merits. Zignaly will not evaluate the merits, expertise, experience or performance of any PAMM Manager, Copy Trader or Signal Provider. The availability of a Copy Trader and/or Sigal Provider through the Services does not indicate our approval or disapproval of their merits. Zignaly is not responsible for the competency of the PAMM Manager, Copy Trader and/or Signal Provider, his business and ethics merits and bears no responsibility to the Users for any possible loss or lost profit. Zignaly is not responsible for ensuring that the PAMM Manager, Copy Trader and/or the Signal Provider is licensed or authorised (if required) to carry out the trading activities. Zignaly is not responsible for providing the PAMM Manager, Copy Trader and/or Signal Provider with premises, data systems,any secretarial, book-keeping or recordkeeping services to assist in exercising the management of the Account.

6.10. Iron Cove Markets right to pause, stop or block. Zignaly reserves the right to pause, stop or block any PAMM Manager, Signal Provider and/or Copy Trader from managing PAMM Accounts, being copied or provide trading signals, or any User from using the PAMM Account, copying the trading activity of a Copy Trader and/or having access to the trading signals of the Signal Provider under the PAMM Account, Copy Trading Software and/or Crypto Trading Bot functionality at any time upon its sole discretion. Zignaly shall not be obliged to give reasons for such a decision, and shall not be liable for any outcome arising from exercising such rights.

6.11. PAMM Manager, Signal Provider, and Copy Trader’s Account.

a) Users wishing to register as a PAMM Manager or Signal Provider or Copy Trader should specify the name, and short description of their Account. The name and description of the Account must not contain any of the following: i) obscene language or any elements that are insulting in nature, including racial, religious, nationalistic and ethnic slurs; ii) guarantees of profits or other promises; iii) direct or indirect references to Iron Cove Markets competitors; iv) ames of government bodies or officials; v) references to other Accounts. Zignaly reserves the right to change the name of the Account at its own discretion and without prior warning.

b) Zignaly reserves the right to close a PAMM Manager, Signal Provider or Copy Trader’s Account without prior notice or explanation when i) fraudulent activity is suspected; ii) the User’s username or Account description contains elements as set out in Section 6.12(a) and Iron Cove Markets request to change that username or description has not been satisfied; or iii) Zignaly deems it necessary in its sole discretion.

6.12. Representations and Warranties of PAMM Managers, Copy Traders and Signal Providers. A User registered by Zignaly as PAMM Managers, Copy Traders and Signal Providers represents and warrants that:

a) carrying out trading activities on the Account does not violate the requirements of any applicable law (including but not limited to currency, taxation, civil (commercial), banking or any other legislation) of the country of residence of the User;

b) possesses all necessary authorisations, approvals, permits, licenses, registrations and consents from each relevant regulatory body/authority necessary to enable him to lawfully accept these Terms and to perform the entire duties and obligations hereunder and the User shall at all times whilst these Terms remain in effect, comply with all relevant rules and the conditions attaching to such authorisations, approvals, permits, licenses or consents and with any laws, rules, regulations or requirements of all relevant governments, agencies, bodies or institutions so far as they relate to the performance by the User of his duties and obligations hereunder, and he covenants to inform Zignaly of any actual or likely change in such status;

c) understands and acknowledges the risks and consequences of performance by him of duties and obligations hereunder;

d) all personal data submitted by the User to Zignaly is valid and accurate;

e) the acceptance of these Terms and the performance of his obligations hereunder do not conflict with, nor result in a breach of, or constitute a default under, the terms of any other, agreement, arrangement or understanding to which the User may be a party;

f) has a practical experience in effecting trading transactions in the Digital Assets and Digital Asset Derivatives;

g) shall operate in good faith;

h)shall assure full confidentiality of access details to the Account; and

i) shall not “churn the trading account” (or in other words open and close many trades for the purpose of gaining commission rebates).

6.13. Undertakings of PAMM Managers, Copy Traders and Signal Providers. User registered by Zignaly as a PAMM Manager, Signal Provider and/or Copy Trader undertakes:

a) not to use Iron Cove Markets name, trademark, logo or any other intellectual property in any documents, websites or any other material without the prior written consent of Zignaly;

b) not to write and/or distribute and/or assist in writing and distribution of any materials concerning Zignaly (notes, articles, etc.) to any printed and electronic media (including but not limited to blogs, Internet forums, etc.) without prior written consent of Zignaly;

c) not to give any guarantees and/or make any promises, any statements and/or representations on behalf of Zignaly regarding the Account, particularly, using Zignaly’ name and/or trademark of Zignaly;

d) not to make any false or misleading statement about his Account;

e) not to make any other actions which may cause any damage to Zignaly or entail any claims against Zignaly laid by third parties;

f) not to make any claim to Zignaly for any costs incurred by the Signal Provider and/or Copy Traer;

g) to disclose to Zignaly details of any investigation by any regulatory body/authority into the PAMM Manager’s, Signal Provider’s and/or Copy Trader’s affairs and the details of any past investigation into the PAMM Manager’s, Copy Trader’s and Signal Provider’s affairs by any regulatory body/authority and details of any sanctions or penalties imposed on the PAMM Manager, Copy Trader and/or Signal Provider by any legal or regulatory body/authority within the past 5 (five) years;

h) not to represent himself as Zignaly’s affiliate or agent or contractor or employee, publicly or otherwise, in contracts and agreements either verbally or in writing;

i) not to assume any obligations before third parties on behalf of Zignaly and shall not put Zignaly under any obligations; and

j) to resolve all disputes and claims from third parties related to his activities in the capacity of PAMM Manager, Signal Provider and/or Copy Trader individually, using his own efforts and at his own expense.

If in the result of the Signal Provider’s failure to fulfil any of the obligations listed in this Section any claims or actions are laid against Zignaly, the PAMM Manager, Copy Trader and/or Signal Provider undertakes to reimburse all the costs incurred by Zignaly in full measure. In such events, all PAMM Managers, Copy Traders’ and/or Signal Providers’ withdrawal requests will be cancelled by Zignaly and will not be executed until the full resolution of all disputes.

6.14. Success Fees and Subscription Fees. PAMM Managers may charge commissions in the form of Success Fees on trading profits (“ Success Fees” ). Success Fees are set by PAMM Managers at their own discretion. Copy Traders and Signal Providers may charge monthly subscription payments (“ Subscription Fees ”) to Users at their own discretion. Users accessing and using PAMM Accounts, Crypto Trading Bot and/or the Copy Trading Software agree to pay the Success Fees and/or Subscription Fees, and authorize Zignaly to deduct such Success Fees from their trading profits or Account’s Digital Asset Wallet balance, as the case may be. PAMM Managers, Copy Traders and Signal Providers acknowledge, understand and agree that Zignaly may impose limits on the Subscription and/or Success Fees and/or may deny eligibility of PAMM Managers, Copy Traders or Signal Providers to receive Success Fees and/ or Subscription Fees at Iron Cove Markets own discretion without prior notice and without any liability whatsoever. PAMM Managers, Copy Traders and Signal Providers acknowledge, understand and agree that they shall have no claim to Zignaly in the event of Zignaly changing the eligibility to receive Success Fees and/or Subscription Fees, or denying eligibility or payment of any Success Fees and/or Subscription Fees. Users, PAMM Managers, Copy Traders and Signal Providers acknowledge and agree that Zignaly reserves the right to charge and receive commissions from the Success Fees, the Subscription Fees, or the trading profits accrued by the User arising from the use of the Crypto Trading Bot, the Copy Trading Software, or the PAMM Account.

6.15. Claims. If Zignaly has grounds for supposing the action of a PAMM Manager as a violation of these Terms, Zignaly reserves the right on its discretion to use the Digital Assets of the PAMM Manager to meet the claims of Users who have placed their Digital Assets to the PAMM Account managed by the PAMM Manager..

6.16. No Complaints. Zignaly will not accept any complaints nor compensation requests for the performance of the Copy Traders, Signal Providers, PAMM Managers, and/or PAMM Accounts.

7. ACCOUNT

7.1. Identity Verification . When you use or access the Services or register an Account, we will ask for your name, physical address, mailing address, date of birth, and other information, and documents that will allow us to identify you in line with the KYC/AML & CTF Policy. When you register and maintain an account with us, you must provide us information that is accurate, complete, and current at all times. Failure to do so constitutes a breach of the Terms, which may result in immediate termination of your Account. You also agree to provide us, when registering an Account and as requested on an ongoing basis, with any additional information For the purposes of identity verification and the detection and prevention of money laundering, terrorist financing, fraud, or any other financial crime, including without limitation, a copy of your government-issued photo ID, a photography of you holding your government-issued photo ID, a video-verification of you holding your government-issued photo ID, evidence of your residential address (such as a utility bill), evidence of the source of funds, evidence of the source of wealth, and evidence of your good character. You authorize us to keep a record of such information and to make the inquiries, whether directly or through third parties, that we consider necessary to verify your identity or protect you and others against fraud or other financial crime, and to take action we reasonably deem necessary based on the results of such inquiries. When we carry out these inquiries, you acknowledge and agree that your personal information may be disclosed to regulatory or enforcement agencies.

7.2. Security of your Account . You are exclusively responsible for maintaining the confidentiality and security of the credentials for accessing your Account or devices you use to access and/or use the Services, and for ensuring that no unauthorized person has access to your Account, or any device that you utilize in connection with the Services. We shall not be liable for any loss or damage arising from your failure to protect your Account.

7.3. Prohibited Activities . In connection with your access and/or use of the Account or the Services, you shall not:

a)use the Services for resale or commercial purposes, including transactions on behalf of other persons or entities;

b) violate or assist any party in violating any law, statute, ordinance, regulation or any rule of any self-regulatory or similar organization of which you are or are required to be a member through your access and/or use of the Services;

c) engage in any trading activity which, in our sole discretion, amounts to or may amount to market abuse including without limitation pumping and dumping, entering fictitious transactions or wash trading, front running, bear raiding or engaging in disorderly market conduct;

d) enter into non-competitive transactions on the Trading Platform for the purpose of assisting another person to engage in transactions that are in violation of the Terms or any applicable laws or regulations;

e) engage in any trading, practice, or conduct on the Trading Platform that is commonly known as “spoofing” (bidding or offering with the intent to cancel the bid or offer before execution).

f) engage in any money laundering, terrorism financing or fraduluent activity;

g) infringe upon our Intellectual Property Rights or any third party’s copyright, patent, trademark, or other intellectual property rights;

h) take any action that imposes an unreasonable or disproportionately large load on our infrastructure, or detrimentally interfere with, intercept, or expropriate any system, data or information;

i) transmit or upload any material to the Website and/or through the Services, that contains viruses, Trojan horses, worms, or any other harmful or deleterious programs;

j) attempt to gain unauthorized access to or use of the Website, the Services, the APIs, other Accounts, or computer systems connected to the Services;

k) use any deep linking, web crawlers, bots, spiders or other automatic devices, programs, scripts, algorithms or methods, or any similar or equivalent manual processes to access, obtain, copy or monitor any part of the properties, or replicate or bypass the navigational structure or presentation of the Website, the Trading Platform or the Services;

l) probe, scan or test the vulnerabilities of the Website and/or the Services or any network connected to the properties, or violate any security or authentication measures on the Website and/or the Services;

m) provide false, inaccurate, incomplete or misleading information;

n) distribute unsolicited or unauthorized advertising or promotional material, written media releases, public announcements and public disclosures, junk mail, spam or chain letters;

o) use a web crawler or similar technique to access our Services or to extract data;

p) reverse engineer or disassemble any aspect of the Website, APIs, or the Services in an effort to access any source code, underlying ideas and concepts and algorithms;

q) perform any unauthorized vulnerability, penetration or similar testing on the API;

r) attempt to gain unauthorized access to or use of the Website, other Accounts, computer systems, or networks connected to the Website, through password mining or any other means;

s) transfer any rights granted to you under these Terms; or

t) engage in any behavior which violates the Terms or is otherwise deemed unacceptable by us in our sole discretion.

7.4. Digital Assets Wallet. Zignaly does not hold custody of the Digital Assets held in the Digital Assets’ wallet accessible through your Account. Digital Assets are held in the Digital Asset Exchange, accessible either through your External Exchange Account or your Exchange Sub-Account. Using the Digital Assets’ wallet of your Account is at all times your responsibility and is at your own risk. is at all times your responsibility and is at your own risk. We shall not be liable for, and you shall assume full liability for, the loss of Digital Assets held in or transferred from or to your Account, including, but not limited to, unauthorized access by a third party, loss or violation of your passwords, private keys or mistakes or errors derived from transferring from and to wrongs Digital Asset public keys or addresses, or derived from a mismatch between the distributed ledger network of the sender address or public key and the recipient address or public key (“ Blockchain Mismatch ”). In the case of a loss of Digital Assets due to Blockchain Mismatch occurs when transferring Digital Assets to your Account, Zignaly is not responsible for any losses or fortaking any actions to attempt to recover such Digital Assets. The User acknowledges, understands and agrees that Digital Assets lost due to a Blockchain Mismatch are not recoverable by Zignaly.

7.5. Withdrawal of Digital Assets. You may withdraw your available Digital Assets from your Account, provided that i) you execute a withdrawal request; and (ii) your withdrawal request exceeds the minimum withdrawal requirement as determined by Zignaly from time to time. We are not responsible, nor liable, for any distributed ledger network fees (also known as “gas”) that may apply to your withdrawal request or otherwise your transfer of Digital Assets from your Account. You acknowledge, understand and agree that we may not be able to immediately execute any withdrawal request. Although we shall use our best efforts to execute a withdrawal request within reasonable time, we make no commitment or guarantee with respect to the processing time to execute a withdrawal request. We are not liable for any damages incurred due to a delay in executing your withdrawal request.

7.6. Dormant Accounts and Unclaimed Property. In the event, there are Digital Assets in your Exchange Sub-Account, and we are unable to contact you and have no record of your access and/or use of the Services for a period of time, we may be required by law to report these Digital Assets as unclaimed property to the relevant Digital Asset Exchange or the relevant jurisdiction. If this occurs, we will attempt to locate you at the last known address in our records (if any), but if we are unable to locate you, we are not responsible for the actions taken by the Digital Asset Exchange, and we may need to report the Digital Assets to the applicable jurisdiction as unclaimed property. We reserve the right to deduct a dormancy fee or other administrative charges from such unclaimed Digital Assets.

7.7. Account History. A historical record of your transactions on your Account (” Account History “) may be available on your Account. You acknowledge, understand and agree that the Account History shall not be treated as a valuation of your Account. We use commercially reasonable efforts to ensure that the information contained in your Account History and any notices Zignaly provides to you are accurate and reliable; however, errors may occur from time to time and such errors do not impact the actual means and results of a given transaction. It is your sole responsibility to review your Account History and any notices. Any transaction listed in your Account History, or other communication including, but not limited to, orders, trades or other receipts sent to your email on record shall be deemed and treated as authorized, correct, approved, and confirmed by you unless we receive written notice to the contrary within three (3) business days from the date the transaction was listed or the communication was sent (as the case may be).

7.8. Forks. Digital Assets are based on an open source protocol. Anyone may clone the source code of the Digital Asset and develop a diverging blockchain protocol without prior permission by anyone else, also known as “Forks”. Forks can be made to any Digital Asset that may change the usability, functions, value or even name of a given Digital Asset. Such Forks may result in multiple versions of a Digital Asset Asset and could lead to the dominance of one or more such versions of a Digital Asset Asset (each a “ Dominant Digital Asset ”) and the partial or total abandonment or loss of value of any other versions of such Digital Asset (each a “ Non Dominant Digital Asset ”). Zignaly is under no obligation and may not be able to support a Fork of a Digital Asset that you hold through your Account, whether or not any resulting version of such forked Digital Asset is a Dominant Digital Asset or Non-Dominant Digital Asset or holds value at or following such Fork. Furthermore, as Zignaly does not hold custody of the Digital Assets, we cannot guarantee and assume no responsibility on whether a given Digital Asset Exchange supports a given Fork. If the Digital Asset Exchange does not support the Fork, you may not be able to receive the Digital Assets arising from such Fork. Forks of Digital Assets can be frequent, contentious and unpredictable, and therefore cannot be consistently supported on Zignaly. When trading or holding Digital Assets using your Account, you should operate under the assumption that Zignaly and/or the Digital Asset Exchanges will never support any Fork of such Digital Asset. If Zignaly or the Digital Asset Exchanges elect, in their sole discretion, to support a Fork of a Digital Asset, it may choose to do so by making a public announcement through the Website or the Digital Asset Exchanges respective sites, or otherwise notifying Users, and shall bear no liability for any real or potential losses that may result based on the decision to support such Fork or the timing of implementation of support. If Zignaly and/or the Digital Asset Exchanges, in their sole discretion, do not elect to support a Fork of a given Digital Asset, including the determination to support, continue to support, or cease to support any Dominant Digital Asset or Non Dominant Digital Asset, Zignaly assumes no responsibility or liability whatsoever for any losses or other issues that might arise from an unsupported Fork of a Digital Asset

8. GENERAL USE, PROHIBITED USE AND TERMINATION

8.1. Limited License . We grant you a revocable, limited, royalty-free, non-exclusive, non-transferable, and non-sublicensable license to access and use the Services through your Internet compatible devices for your personal/internal purposes subject to the terms of this Agreement, to access and use the Website and the Services solely for approved purposes as permitted by Zignaly from time to time. You hereby agree that when you use the Services, Zignaly does not transfer the Services or any Intellectual Property Rights to you.

8.2. Accuracy of the Website, the Services, and Related Medi a. Although we intend to provide accurate and timely information, the Content may not always be entirely accurate, complete or current and may also include technical inaccuracies or typographical errors. In an effort to continue to provide you with as complete and accurate information as possible, information may be changed or updated from time to time without notice, including without limitation information regarding our terms, policies, products and services. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the Website, the Trading Platform or otherwise drawn from the Content are your sole responsibility and we shall have no liability for such decisions. Links to unaffiliated third-party materials (including without limitation websites and unaffiliated third parties) may be provided as a convenience but are not controlled by us. You acknowledge and agree that we are not responsible for any aspect of the information, content, or services contained in any unaffiliated third-party materials or on any unaffiliated third party sites accessible or linked to the Website or the Services.

8.3. Unaffiliated Third-Party Access. If, to the extent permitted by Zignaly from time to time, you grant express permission to an unaffiliated third party to access to your Account, you acknowledge that granting permission to an unaffiliated third party to take specific actions on your behalf does not relieve you of any of your responsibilities under the Terms. You are fully responsible for all acts or omissions of any unaffiliated third party with access to your Account. Further, you acknowledge and agree that you will not hold Zignaly responsible for, and will indemnify Zignaly from, any liability arising out of or related to any act or omission of any unaffiliated third party with access to your Account.

8.4. Prohibited Use . In connection with your use of the Services, and your interactions with other users, and any unaffiliated third parties, you agree and represent you will not engage in any Prohibited Activities. We reserve the right at all times to monitor, review, retain and/or disclose any information as necessary to satisfy any applicable law, regulation, sanctions programs, legal process or governmental request. We reserve the right to cancel and/or suspend your Account if we determine, in our sole discretion, that your Account is associated with a Prohibited Activity.

8.5. Suspension, Termination, and Cancellation .

a) We may suspend, freeze, restrict, or terminate your access to any or all of the Services, and/or deactivate or cancel your Account if (i) we are so required by a facially valid subpoena, court order, or binding order of a government authority; (ii) we reasonably suspect you of using your Account in connection with a Prohibited Activity; (iii) use of your Account is subject to any pending litigation, investigation, or government proceeding and/or we perceive a heightened risk of legal or regulatory non-compliance associated with your Account activity; (iv) you take any action that Zignaly deems as breaching the Terms.

b) If Zignaly suspends, freezes, restricts or terminates your Account, and/or your access and/or use of the Services for any reason, we may provide you with notice of our actions unless a court order or other legal process prohibits Zignaly from providing you with such notice. You acknowledge that Iron Cove Markets decision to take certain actions, including limiting access to, suspending, or closing your Account, may be based on confidential criteria that are essential to our risk management and security protocols. You agree that Zignaly is under no obligation to disclose the details of its risk management and security procedures to you.

c) You acknowledge, understand and agree that if we determine, in our sole discretion, that you have breached the Terms, we have the right to debit from your Account (i) the value of any trading fee discounts or rebates that you have received in connection with the Terms at any time after one year preceding the date on which we become aware of you having breached the Terms and (ii) any other damages suffered by us as a result of you breaching the Terms.

d) You further acknowledge and agree that if we determine, in our sole discretion, that you have colluded, coordinated, and/or collaborated with any other User or person to breach the Terms, you and that User or person will be jointly and severally liable for the whole value of any trading fee discounts, rebates, and/or damages to which we are entitled under the Terms and any such amounts may be debited, in our sole discretion, from your account, that User’s or person’s account. We will deduct any such amounts from the respective Account(s) sufficient Digital Assets calculated by using the prevailing market price.

e) You acknowledge, understand and agree that Zignaly has the right to investigate any violation of these Terms, unilaterally determine whether you have violated these Terms, and take actions under relevant laws and regulations without your consent or prior notice.

8.6. Account Balance After Account Termination . When the Account is terminated, the remaining Account balance will be used to settle the charges and liabilities owed to Zignaly. Upon payment of all outstanding charges and liabilities owed to Zignaly (if any), User will have ten (10) business days to withdraw the Digital Assets from the Account. In case that the Account termination is due to fraud, violation of the law, money laundering, terrorist financing or a breach of these terms, we reserve the right to maintain full custody of the Digital Assets which may be seized by government or enforcement authorities.

8.7. Relationship of the Parties . Nothing in this Agreement shall be deemed or is intended to be deemed, nor shall it cause you and Zignaly to be treated as partners, joint ventures, or otherwise as joint associates for profit, or either you or Zignaly to be treated as the agent of the other.

8.8. Password Security; Contact Information . You are responsible for maintaining adequate security and control of any and all user IDs, passwords that you use to access the Services. You are strongly encouraged to use two-factor authentication in accessing the Website and the Services, and may adjust their security features in their user settings. If you suspect or become aware of any unauthorized use of your Account, you should notify Zignaly immediately. Zignaly assumes no liability for any loss or damage arising from the access and/or use of your Account by you or any third party with or without your authorization.

8.9. Taxes . It is your sole responsibility to determine whether, and to what extent, any taxes apply to any transactions you conduct in connection with the Services, and to withhold, collect, report and remit the correct amounts of taxes to the appropriate tax authorities.

9. INTELLECTUAL PROPERTY

9.1. All rights reserved . All Intellectual Property Rights relating to the Website, the Content, the User Content, and the Services are the property of Zignaly. You acknowledge that all Intellectual Property Rights of Zignaly in the Website, the Content, the User Content, and the Services shall remain the property of Zignaly.

9.2. No right to use. You are not granted any right to use, and may not use, any of the Intellectual Property Rights of Zignaly other than as set out in these Terms and subject to the following:

a) you may only view and use the Services, the Website, the Content or the User Content for your own personal use and may not copy, reproduce, republish, upload, repost, modify, transmit, distribute or otherwise use the use the Services, the Website, the Content or the User Content in any way for non-personal, public or commercial use without the prior written consent of Zignaly;

b) you may not remove or modify any copyright, trademark or other proprietary notices that have been placed in any part of the Website, the Content, the User Content, and the Services;

c) you may not modify, publish, transmit, participate in the transfer or sale of, create derivative works from, or in any way exploit, any of the Content or the User Content;

d) except as otherwise expressly permitted under copyright law, no copying, redistribution, retransmission, publication or commercial exploitation of downloaded material will be permitted without our express permission;

e) in the event of any permitted copying, redistribution or publication of copyright material, no changes in or deletion of author attribution, trademark legend or copyright notice shall be made; and

f) you may not use any data mining, robots or similar data-gathering or extraction methods.

9.3. User Content . By submitting any User Content you warrant that you are entitled to, and have all necessary Intellectual Property Rights over. We reserve the right to disclose your identity to any third party who claims that any of your User Content constitutes a violation of their Intellectual Property Rights or of their right to privacy. You hereby transfer all rights, ownership and interests of your User Content and all related intellectual property rights to Zignaly. You have no right and hereby waive any request for acknowledgment or compensation based on any User Content, or any modifications based on any User Content.

10. RISK DISCLOSURES

Trading Digital Assets and/or Digital Asset Derivatives is risky and you should never trade more than you can afford to lose. The following list of risks associated with Digital Assets, and Digital Asset Derivatives, and the Services is not exhaustive. Please read the Risk Warning for further information.

a) Digital Asset prices are highly volatile and trading in Digital Assets is extremely risky. In addition, several factors may affect market liquidity for a particular Digital Asset, such as regulatory activity, market manipulation, the acts or omissions of the issuer of the Digital Asset, or unexplainable price volatility. By using the Services, you accept the risk of trading Digital Assets, and Digital Asset Derivatives. In entering into any transaction, you represent that you have been, are, and will be solely responsible for making your own independent appraisal of the risks of the transaction and the underlying Digital Asset.

b) We do not advise on the merits of any particular Digital Assets, Digital Asset Derivatives, Copy Traders, PAMM Managers, Signal Providers and/or Digital Asset Exchanges. We do not advise on transactions, or associated risks, or provide any other financial, investment or legal advice in connection with the Services. To the extent that we do provide trading data, post market commentary, articles, or make social media posts, the act of doing so is incidental to your relationship with us and such information may not be considered as investment or financial advice and should not be construed as such. BUYING OR SELLING DIGITAL ASSETS AND/OR DIGITAL ASSET DERIVATIVES IS SOLELY THE USER’S DECISION AND WE WILL NOT BE LIABLE FOR ANY CONSEQUENT LOSS.

c) The availability of a Copy Trader or a Signal Provider via the Services does not indicate our approval or disapproval of their merits. We give no warranty as to the suitability or reliability of the Copy Trader or Signal Providers, and we owe no fiduciary duty in our relations with you. You must conduct your own due diligence.

d) No brokerage of transactions or provision of investment advice. We provide a software and platform for connecting Users to Copy Traders, Signal Providers, PAMM Managers and Digital Asset Exchanges. Although we may have a certain degree of control over your Exchange Sub-Accounts maintained under our Exchange Master Account, and that your trades executed under the Exchange Sub-Accounts are booked in your segregated account of the Exchange Master Account , we do not broker transactions on your behalf. Our Relationship does not constitute a Broker-Client Relationship. We do not act as a principal, counterparty, or market-maker in the transactions effected through trading using the Services or in providing financing for financed trading on the Trading Terminal.

e) Users choosing to configure any number or type of trading signals made available by Signal Providers do so with the understanding that Zignaly may not be held responsible for any delayed, failed, or incorrectly transmitted notification. A trading signal may not successfully reach the user for any number of reasons, such as the failure of servers. Even without such failure or delay of an alert, the validity and usefulness of the information represented in a successfully transmitted alert of a trading signal may be diminished due to market volatility, incorrect pricing or other information sourced from a Digital Asset Exchange, or other unforeseen technical issues or market conditions. In particular, a Digital Asset or Digital Asset Derivative may be temporarily or permanently delisted from a Digital Asset Exchange without notice, or support for certain Digital Assets, Digital Asset Derivatives and/or Digital Asset Exchanges may become unavailable, in which case related trading signals may have diminished utility.

f) Zignaly expressly states to the User that it does not guarantee profit or the recurrence of rates of return that have been made by the PAMM Manager, Copy Trader and/or Signal Provider in the past and warns that no positive record of trading strategy implementation ensures the repeat of trading success in the future.

g) A PAMM Manager can disrupt the obligation to manage the PAMM Accounts with respect to the best interests of Users, which we may not have the information, so that the funds invested to a PAMM Account, can be lost.

h) The User bears financial responsibility for any losses incurred on the Account as a result of the trading signals of the Signal Providers and/or the trading activities of the Copy Traders and/or the PAMM Managers.

i) The User accepts full responsibility for any and all financial losses such as direct losses or profit losses resulting from the following risks: i) risk that the PAMM Manager, Copy Trader and/or Signal Provider does not possess the necessary qualification (if required) or knowledge necessary to carry out trading activities; ii) risk that the PAMM Manager, Copy Trader and/or Signal Provider may carry out fraudulent operations using the Services functionality; iii) risk that the Copy Trader, PAMM Manager, Signal Provider may lose control over the Account and third parties may gain access to the Account; iv) risk that the User may misunderstand or misinterpret these Terms; v) risk of the Copy Trader, User, PAMM Manager, Signal Provider Account closure.

j)We do not guarantee continuous, uninterrupted or secure access to any part of the Services, and operation of our Website or Services may be interfered with by numerous factors outside of our control, including regulatory reasons and issues with various Blockchain networks.

k) Zignaly provides the Trading Terminal, an interface that connects users to Digital Asset Exchanges. However, Zignaly does not operate a Digital Asset Exchange. We do not administer the underlying trading platforms of the Digital Asset Exchanges for the bids or offers and we do not enforce contracts among parties engaged in financing activities available on those Digital Asset Exchanges through the Trading Terminal. The underlying trading platform of the Trading Terminal is administered and operated by the Digital Asset Exchange. We shall in no event be held liable for any loss or other damages, including but not limited to special, incidental, consequential, or other damages arising from the acts of any operator of the Digital Asset Exchange. You are responsible for understanding the Terms and Conditions of the operators of the Digital Asset Exchanges.

l) Zignaly does not provide custodial services. Digital Assets maintained in your Iron Cove Markets account are either maintained in your External Exchange Account and/or your Exchange Sub-Account under the Exchange Master Account from a Digital Asset Exchange. You acknowledge, understand and agree that Zignaly shall not be held liable for losses arising from any security issues of the Digital Asset Exchanges or from any actions taken by the Digital Asset Exchanges.

m) Although Zignaly uses its best efforts to conduct comprehensive due diligence on the Digital Asset Exchanges available in the Trading Terminal, these Digital Asset Exchanges may be unregulated exchanges and their practices may vary widely, including as to their security, encryption, and liability for losses. Digital Asset Exchanges may not be required to comply with any rules regarding wash trading, insider trading, promoting price discovery, insuring losses, protecting against fraud, ensuring anti-money laundering compliance, and many other salient features. Digital Asset Exchanges may carry on fraudulent operations or fronts for fraudulent schemes and be in a jurisdiction where there is no likelihood of recovery or recompense. Digital Asset Exchanges could provide incorrect, delayed, or otherwise flawed data for a variety of reasons, including as a result of software bugs and the aforementioned limited oversight on markets for cryptocurrencies. Such poor data could misinform the User trading strategies or engender inaccurate price discovery mechanisms. Errors, fraud, and other issues with Digital Asset Exchanges have resulted in extensive, irretrievable losses on multiple occasions in the recent past. The underlying software and mechanisms for the Digital Asset Exchanges could malfunction, executing trades for the Users at faulty prices and adversely affecting the Users’ investments. Digital Asset Exchanges could choose to roll back trades to the benefit of other parties but to the detriment of the Users. In general, errors and unreviewable decisions by the exchanges could adversely impact the value of the investment of the Users.

11. LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES

In the event of:

a) the death or judicial declaration of incompetence of the User;

b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against User;

c) User’s failure to provide us with any information requested pursuant to these Terms or any applicable law; or

d) any abuse of trading practices, manipulations and/or fraud by User or any other person authorized to use the account; or

e) any other circumstances or developments that we deem appropriate for its protection, and in Iron Cove Markets sole discretion,

Zignaly reserves the right to satisfy any obligation User may have, either directly or by way of guaranty of suretyship, out of any of User’s funds held in the Exchange Sub-Account. This action may be taken without prior notice of sale or purchase or other notice to User, User’s personal representatives, heirs, executors, administrators, trustees, legatees or assigns and regardless of whether the ownership interest shall be solely User’s or held jointly with others.

12. INDEMNIFICATION

You agree to indemnify and hold Zignaly, its subsidiaries, affiliates, agents, employees, agents, successors and assigns (” Zignaly Entities” ) harmless from and against any and all liabilities, losses, damages, costs and expenses, including attorney’s fees, incurred by any of Zignaly Entities arising out of User’s failure to fully and timely perform User’s obligations herein or under any Third Party License or should any of User’s representations and warranties fail to be true and correct. You also agree to pay Zignaly Entities promptly all damages, costs and expenses, including attorney’s fees, incurred in the enforcement of any of the provisions of these Terms and any other agreements between Zignaly and the User. In addition to any limitations of liability specified elsewhere in these Terms, Zignaly Entities shall not be held liable and are released from all claims and losses incurred in such regard if the claim or loss was caused or contributed to by:

a) The actions or omission to act on the part of User;

b) Any act or omission by any person obtaining access to User’s account, whether or not User has authorized such access or not;

c) System malfunction, equipment failure (whether User’s equipment or Iron Cove Markets equipment), system interruption or system unavailability;

d) Delays, failure or errors in implementing any instruction;

e) Inaccurate or incomplete instructions received by Iron Cove Markets from User, or

f) Any reliance or use by User or any other third party with access to User’s account of any financial and market data, quotes, news, analyst opinions, research reports, graphs or any other data or information whatsoever available through the trading platform or any Third Party License, whether to complete a transaction on the trading platform or for any other purpose whatsoever.

Zignaly Entities reserve the right to exercise sole control over the defense, at your expense, of any claim subject to indemnification under this section.

13. DISCLAIMER OF WARRANTIES / LIMITATION OF LIABILITY

13.1 Zignaly Entities shall not be responsible for any loss or damage caused, directly or indirectly, by any events, actions or omissions beyond the control of Zignaly including, without limitation, loss or damage resulting, directly or indirectly, from any delays or inaccuracies in the transmission of orders and/or information due to breakdown or failure of transmission or communication facilities, or electrical power outage.

13.2. Neither Zignaly nor any of its subsidiaries, affiliates or agents warrants that the Website and/or the Services will be available without interruption or will be error free and such Website and/or Services are being provided “AS IS” without any representation or warranty of any kind whatsoever except as otherwise set forth herein.

13.3. Under no circumstances shall Zignaly or any of its subsidiaries, affiliates or agents be liable for any direct, indirect, punitive, incidental, special, or consequential damages that result from the use of, or inability to use, the Website and/or Services including but not limited to lost profits, loss of business, trading loss, loss of data or use of data, any unauthorized access to, alteration, theft or destruction of User’s computers, computer systems, data files, programs or information, or costs of procurement of substitute goods or services.

13.4. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, YOU EXPRESSLY UNDERSTAND AND AGREE THAT IN NO EVENT WILL ZIGNALY ENTITIES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS BE LIABLE FOR ANY INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR SIMILAR DAMAGES OR LIABILITIES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF DATA, INFORMATION, REVENUE, PROFITS OR OTHER BUSINESSES OR FINANCIAL BENEFITS) ARISING OUT OF THE SERVICES, ANY PERFORMANCE OR NON-PERFORMANCE OF THE SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF ZIGNALY ENTITIES WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY EVEN IF THE ZIGNALY ENTITIES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES EXCEPT TO THE EXTENT OF A FINAL JUDICIAL DETERMINATION THAT SUCH DAMAGES WERE A RESULT OF ZIGNALY ENTITIES GROSS NEGLIGENCE, FRAUD, WILLFUL MISCONDUCT OR INTENTIONAL VIOLATION OF LAW.

NOTWITHSTANDING THE FOREGOING, IN NO EVENT WILL THE LIABILITY OF ZIGNALY ENTITIES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS ARISING OUT OF THE SERVICES OFFERED BY OR ON BEHALF OF ZIGNALY ENTITIES, ANY PERFORMANCE OR NON-PERFORMANCE OF THE SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY, EXCEED THE AMOUNT OF THE FEES PAID BY YOU TO ZIGNALY ENTITIES UNDER THESE TERMS IN THE TWELVE-MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY.

IF YOU ARE DISSATISFIED WITH ANY PORTION OF THE SERVICES OR WITH THIS AGREEMENT, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USE OF THE SERVICES AND CLOSE YOUR ACCOUNT. THE SERVICES ARE PROVIDED “AS IS” AND WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS OR IMPLIED. ZIGNALY ENTITIES SPECIFICALLY DISCLAIM ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT. THE ZIGNALY ENTITIES MAKE NO WARRANTY THAT (I) THE SERVICES WILL MEET YOUR REQUIREMENTS, (II) THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, OR (III) THE QUALITY, SUITABILITY AND PERFORMANCE OF ANY DIGITAL ASSETS, DIGITAL ASSET DERIVATIVES, THE SERVICES, INFORMATION, OR OTHER MATERIAL PURCHASED OR OBTAINED BY YOU WILL MEET YOUR EXPECTATIONS. THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS, IMPLIED OR STATUTORY. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ZIGNALY ENTITIES SPECIFICALLY DISCLAIM ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND/OR NON-INFRINGEMENT. ZIGNALY ENTITIES DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES THAT ACCESS TO THE WEBSITE, ANY PART OF THE SERVICES, THE TRADING PLATFORM, MOBILE APPLICATIONS OR ANY OF THE MATERIALS CONTAINED THEREIN, WILL BE CONTINUOUS, UNINTERRUPTED, TIMELY, OR ERROR-FREE. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.

14. NO WAIVER

From time to time, Zignaly may fail to require or strictly enforce compliance with relation to any provision in these Terms. Zignaly may also fail to exercise any or all of its rights empowered herein. Any such failure shall not be construed as a waiver or relinquishment of Zignaly’s right to assert or rely upon any such provision or right in that or in any other instance. If applicable, an express waiver given by Zignaly of any condition, provision, or requirement of these Terms shall not constitute a waiver of any future obligation to comply with such condition, provision or requirement.

15. GOVERNING LAW AND JURISDICTION

These Terms, and any terms announced on the Website are governed and shall be governed by and construed in accordance with the laws of Saint Vincent and the Grenadines without giving effect to any conflict of laws principles that may provide for the application of the law of another jurisdiction.

You agree to submit any Dispute (as defined below) to arbitration in accordance with the terms of Section 16. To the extent that the agreement to arbitrate is ineffective or void, you agree to submit to the non-exclusive jurisdiction of the courts of Saint Vincent and the Grenadines.

16. SUBMISSION TO ARBITRATION

Any dispute, claim, suit, action, cause of action, demand, or proceeding arising out of or related to these Terms, and any terms announced on the Website (including with respect of their validity, existence, or termination), any Services, action or transaction under or contemplated by these Terms, (any “Dispute”) that is not settled by you and Zignaly within 30 days from the date that either party notifies the other party in writing of the Dispute shall be referred to and finally settled by arbitration. Further, the parties hereby agree that:

a) To attempt informal resolution prior to any demand for arbitration for at least 30 days before initiating any arbitration or court proceeding. Such informal negotiations commence upon receipt of written notice from you. If we cannot resolve the dispute on an informal basis, you and we agree that any dispute arising under this Agreement shall be finally settled in binding arbitration, on an individual basis;

b) That any dispute, controversy or claim arising out of or relating to the Terms, or the breach, termination or invalidity thereof, shall be settled by arbitration in accordance with the London International Arbitration Centre (“IAC”) rules;

c) That the number of arbitrators shall be one;

d) That the place of arbitration shall be the IAC, unless the Parties agree otherwise;

e) That the language to be used in the arbitral proceedings shall be English;

f) That the courts in Saint Vincent and the Grenadines have exclusive jurisdiction over any appeals of an arbitration award and over any suit between the parties not subject to arbitration;

g) That the arbitrator has the authority to grant any remedy that would otherwise be available in court; and

h) That the parties shall split the costs and expenses of any arbitration and bear their own legal costs and expenses.

17. WAIVER OF CLASS ACTION RIGHTS AND CLASS WIDE ARBITRATION

You and Zignaly agree that any claims relating to these Terms or to your relationship with Zignaly as a User of the Services (whether based in contract, tort, statute, fraud, misrepresentation, or any other legal theory, and whether the claims arise during or after the termination of these Terms) shall be brought against the other party in an arbitration on an individual basis only and not as a plaintiff or class member in a purported class or representative action. You and Zignaly further agree to waive any right for such claims to be brought, heard, or arbitrated as a class, collective, representative, or private attorney general action, to the extent permissible by applicable law. You agree not to join with any other individual or entity or group of individuals or entities for the purpose of seeking to resolve the respective Disputes on a consolidated or representative basis.

18. PRIVACY POLICY

The Privacy Policy of Zignaly can be found here

19. MISCELLANEOUS

17.1. Assignment . You may not assign any rights and/or licenses granted under these Terms. We reserve the right to assign our rights without restriction, including without limitation to any of our affiliates or subsidiaries, or to any successor in interest of any business associated with the Services. Any attempted transfer or assignment in violation hereof shall be null and void. Subject to the foregoing, this Agreement will bind and inure to the benefit of the parties, their successors and permitted assigns.

17.2. Severability . If any provision of the Terms shall be determined to be invalid or unenforceable under any rule, law or regulation or any governmental agency, local, state, or federal, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of the Terms shall not be affected.

17.3. Force Majeure. We shall have no liability for any failure or delay resulting from any abnormal or unforeseeable circumstances outside our reasonable control, the consequences of which would have been unavoidable despite all efforts to the contrary, including without limitation governmental action or acts of terrorism, war, earthquake, fire, flood, or other acts of God, labor conditions, delays or failures caused by problems with another system or network, mechanical breakdown or data-processing failures or where we are bound by other legal obligations.

17.4. Survival. Upon termination of your account or this Agreement for any other reason, all rights and obligations of the parties that by their nature are continuing will survive such termination.

17.5. Third Party Rights . The Terms are not intended and shall not be construed to create any rights or remedies in any parties other than you and us and any affiliates which each shall be a third party beneficiary of the Terms, and no other person shall assert any rights as a third party beneficiary hereunder.

USER ACKNOWLEDGES HAVING RECEIVED, READ AND UNDERSTOOD THE FOREGOING TERMS AND HEREBY AGREES TO BE BOUND BY ALL OF THE TERMS AND CONDITIONS HEREOF.

The post Terms of Service Agreement appeared first on Zignaly.

From time to time, we may revise or amend this Privacy Policy to reflect changes in law, our Personal Data collection and use practices, the features on the Services, or advances in technology. This Privacy Policy does not cover the practices of entities we do not own or control, or people we do not manage.

Our Privacy Policy applies to all Services we offer, but excludes any products, applications or services that have separate privacy policies which do not incorporate this Privacy Policy. For the purposes of data protection laws of the European Union (“ EU ”), and other relevant jurisdictions where Customers are located (“ Data Protection Laws ”), Zignaly is a data controller (i.e., the company who is responsible for, and controls the processing of, your Personal Data).

The access and/or use of our Services implies acceptance of this Privacy Policy as well as the conditions and provisions included in the Terms of Service . The terms used in this Privacy Policy shall have the same meanings as in the Terms of Service except as otherwise provided herein. For the avoidance of doubt the term “ Services ” shall mean all the services provided by Zignaly, including but not limited to the Website https://zignaly.com, desktop and mobile applications, Copy Trading Software, Crypto Trading Bot, Profit Sharing Software; Trading Terminal; and any other service provided by Zignaly from time to time (the “ Services ”)

What data we collect

To the fullest extent permitted under applicable Data Protection Laws, we collect the following data and information (collectively, “ Personal Data ”):

1. Full name, date of birth, gender, country of residence, username, passwords, tax numbers, and data included in government-issued identification documents;
2. Financial information, sources of wealth or funds or income, level of activity anticipated, distributed ledger network wallet addresses;
3. Personal Documents such as government-issued IDs, passport, bank statements, utility bills, internet bills, income, account balances, financial transaction history, credit history, tax information, and credit scores, and other forms of identification, address verification and source of funds and wealth verification;
4. Corporate information such as legal entity name, doing business as name, legal domicile, fiscal domicile, object;
5. Corporate documents such as certificate of registration, constitution, memorandum & articles of association, bylaws, statues, incumbency certificate, register of directors, register of shareholders, register of authorized signatories, registry excerpts, financial statements;
6. Information about how you access and use our Services, such as your actions on the Services, including your interactions with others on the Services, photos or media you upload to the Services, your username, and other Customer Content you provide. We may access your device camera roll and camera with your permission. If you need to update your permissions, you can do so in your device’s settings;
7. Contact lists on your mobile device or in your email accounts so that you can identify your contacts on the Services and direct the invitation of your contacts. We only access your contact list information with your explicit permission;
8. Communications between Zignaly and you including emails, social media messages, job applications, customer support inquiries;
9. Current and historical information concerning your geographic location, GPS location, transaction location, and IP addresses that you use when you use and/or access our Services. We may use third-party services such as the Google Maps API to gather information about your location. Google uses various technologies to determine your location, including IP address, GPS, and other sensors that may, for example, provide Google with information on nearby devices, Wi-Fi access points, and cell towers (see Google’s Privacy Policy to learn more);
10. Information about your device and its software, such as your IP address, browser type, Internet service provider, platform type, device type, operating system, date and time stamp, a unique ID (that allows us to uniquely identify your browser, mobile device, or your account), and other similar information.

We may monitor, record, and store your personal information in order to protect your safety or the safety of other Customers, comply with relevant laws, to assist with regulatory or law enforcement efforts, to protect and defend our rights and property, or for other reasons relating to our provision of the Services. By using the Services, you consent to the recording, storage, and disclosure of such information you send or receive for these purposes.

The Services are not available to anyone under the age of eighteen (18) (“ Minors ”). Zignaly has implemented the appropriate controls to ensure that Minors do not use or have access to our Services. Therefore, Zignaly will never knowingly and intentionally collect Personal Data from Minors. If you are a parent or guardian of a Minor and you believe or are aware that a Minor has provided us with Personal Data, please contact us immediately. If we become aware that we have collected Personal Data from Minors with or without verification of parental consent, we will take measures to delete that information from our systems.

How we collect Personal Data

To the fullest extent permitted under applicable Data Protection Laws, we collect Personal Data about you and any other party whose details you provide to us when you:

1. Access or use our Services;
2. Create an Account;
3. Complete online forms (including call back requests), take part in surveys, post on any forums, download information such as white papers or other publications or participate in any other interactive areas that appear within our Services;
4. Interact with us using social media;
5. Provide your contact details to us when registering to use or access any services we make available or when you update those details; and
6. Contact us or otherwise connect with us, online or offline.

We will also collect Personal Data where you only partially complete and/or abandon any information inputted through our Services and/or other online forms and may use this information to contact you to remind you to complete any outstanding information and/or for marketing purposes.

We may also collect information from your devices (including mobile devices) and applications you or your users use to access and use our Services (for example, we may collect the device identification number and type, location information and connection information such as statistics on your page views, traffic to and from the Services, referral URL, ad data, your Internet Protocol (IP) address, your browsing history and your web log information) and we will ask for your permission before we do so. We may do this using cookies or similar technologies (as described below).

If you intend to give us Personal Data about someone else, you are responsible for ensuring that you comply with any obligation and consent obligations under applicable Data Protections Laws. Insofar as required by applicable Data Protection Laws, you must ensure that beforehand you have their explicit consent to do so and that you explain to them how we collect, use, disclose and retain their Personal Data, or direct them to read our Privacy Policy.

How we use your Personal Data

To the fullest extent permitted under applicable under Data Protection Laws, we use your information to:

1. Provide any information or Services that you have requested or ordered;
2. Compare information for accuracy and to verify it with third parties;
3. Provide, maintain, protect and improve our Services;
4. Manage, monitor, and administer your use of the Services and provide an enhanced, personal, user experience;
5. Manage our relationship with you (for example, customer services and technical support activities);
6. Undertake internal testing of the Services or systems to test and improve their security and performance (in these circumstances, we would de-identify any information used for such testing purposes);
7. Provide you with any information that we are required to send you to comply with our regulatory or legal obligations;
8. Comply with applicable Know Your Customer, Anti-Money Laundering, Counter-Terrorism Financing, and Anti-Corruption laws and regulations;
9. Detect, prevent, investigate or remediate, crime, illegal or Prohibited Activities or to otherwise protect our legal rights (including liaison with regulators and law enforcement agencies for these purposes);
10. Contact you to see if you would like to take part in our customer research (for example, feedback on your use of our Services);
11. Monitor, carry out statistical analysis and benchmarking (provided that in such circumstances it is on an aggregated basis which will not be linked back to you or any living individual);
12. Deliver advertising, marketing (including but not limited to in-product messaging) or information which may be useful to you;
13. Deliver joint content and services with third parties with whom you have a separate relationship (for example, social media providers); and
14. In addition to the legal and commercial uses listed above, we may be required to provide any and all of your Personal Data to governmental authorities as necessary to comply with the law. To the extent required by Data Protection Laws, or where we have a legitimate and lawful purpose for doing so, we retain information about you after your withdrawal of funds through the Services, the closure of your Account, if the registration of an Account is declined or if you decide not to proceed with the registration of an Account.

Our Services may contain technology that enables us to:

1. Check specific information from your device or systems directly relevant to your use of the Services, applications or Services against our records to make sure the Services services are being used in accordance with our end-user agreements and to troubleshoot any problems;
2. Obtain information relating to any technical errors or other issues with our Services;
3. Collect information about how you use the features of our Services; and
4. Gather statistical information about the operating system and environment from which you access our Services.

If you become a follower in Zignaly’s social networks, the processing of Personal Data will be governed by the policies of the Social Network, as well as by their terms of use, privacy policies and regulations that belong to the social network that corresponds in each case and that you have previously accepted.

Zignaly will treat your Personal Data in order to correctly manage your presence in the social network, inform him of Zignaly activities, Services, as well as for any other purpose that the rules of the social networks allow.

In no case will Zignaly use the profiles of followers in social networks to send advertising individually.

Parties with whom we may share your Personal Data

We may share your Personal Data with:

1. Third-Party Internet and Marketing Services Vendors including but not limited to MailChimp, Active Campaign, Facebook, Twitter, Discord, Telegram, GoogleCloud, Google Analytics;
2. Government and State Authorities to respond to subpoenas, court orders, legal process, law-enforcement requests, legal claims, or government inquiries and to protect and defend the rights, interests, safety, and security of Zignaly, our affiliates, Customers, or the public;
3. Zignaly Entities and Iron Cove Markets Affiliated Entities;
4. Third-Parties in connection to corporate transactions such as the sale of a website, a merger, consolidation, reorganization, financing, change or control or acquisition of all or a portion of our business by another company or third party, asset sale, initial public offering, or in the unlikely event of bankruptcy or similar proceeding.

Data Retention

We will retain your Personal Data for as long as it is necessary for the purposes of performing a contract, comply with our legal and regulatory obligations, and protecting our legitimate interests. Specifically, we reserve the right to retain your Personal Data for the purposes of complying with applicable Know Your Customer, Anti-Money Laundering, Counter-Terrorism Financing, and Anti-Corruption laws and regulations for a period of at least seven (7) years, and for the purposes of legal proceedings, complaints and disputes for as long as this is necessary to protect our legitimate interests.

Persons who may access your Personal Data

Iron Cove Markets authorized personnel, including but not limited to our Compliance Officers, shall have access to your Personal Data on a need-to-know basis. Our Compliance Officers and other authorized personnel are bound to confidentiality and non-disclosure agreements, and subject to strict company policies related to the access and use of the data.

We may engage from time to time to third-party service providers to assist Zignaly with the implementation of the KYC/AML & CTF Policy as well as the compliance with applicable Know Your Customer, Anti-Money Laundering, Counter-Terrorism Financing, and Anti-Corruption laws and regulations. Where applicable, we will enter into a data processing agreement with these third-parties to ensure data security and protection of your Personal Data against Data Beaches. Such Data Processors will only process your Personal Data to the extent required for the provision of services for which they are engaged.

We may provide your Personal Data to competent authorities upon their request to the extent legally required or to the extent necessary to defend our rights in legal proceedings or investigations.

Data Security

To protect your Personal Data, Zignaly takes all reasonable precautions and follows the best practices of the industry to prevent the loss, misuse, improper access, disclosure, alteration or destruction of the same.

In addition to the purposes described in this section, we may also use information we gather to deliver targeted and interest-based advertising, marketing (including in-product messaging) or information to you which may be useful, based on your use of the Services or any other information we have about you (depending on the Services, you may able to configure these features to suit your preferences).

Legal basis for processing in the EU

In the EU, we collect your Personal Data for the following purposes:

1. Based on your consent, for marketing purposes, which can be revoked at any time;
2. Where necessary to perform any contract we enter into, or have entered into, with you to provide Services or provide access to our Services;
3. Where necessary for our legitimate business interests (or those of a third party) when your interests and fundamental rights do not override those interests; and
4. Where we need to comply with a legal or regulatory obligation either in the EU or elsewhere.

You have the following rights:

1. The right to access your own Personal Data;
2. The right to have your Personal Data rectified if it is inaccurate or incomplete;
3. The right to request deletion or removal of your Personal Data where there is no good reason for processing to continue;
4. The right to restrict processing of your Personal Data where there is no good reason for processing to continue;
5. The right to data portability to enable moving, copying or transferring of Personal Data from one platform to another;
6. The right to object to the processing of your Personal Data in certain circumstances; and
7. Rights relating to profiling and automated decision making resulting from the processing of your Personal Data.

The exercise of these rights is personal and therefore must be exercised directly by the interested party, requesting it directly to Zignaly, which means that any Customer, user, subscriber or collaborator who has provided their data at any time can contact Zignaly and request information about the data that it has stored and how it has been obtained, request the rectification of the same, request the portability of your Personal Data, oppose the processing, limit its use or request the cancellation of that data in Zignaly’s files.

To exercise the rights of access, rectification, cancellation, portability and opposition, you must send an email to the Data Protection Officer of Zignaly [email protected] together with a valid proof of identity such as a Government-issued ID document.

Content from other Services

The Services may include embedded content (for example, videos, images, articles, etc.). The embedded content of other internet websites behaves in exactly the same way as if you had visited other internet websites.

These internet websites may collect data about you, use cookies, embed an additional third-party tracking code, and monitor your interaction using this code.

Cookies policy

Our Services uses cookies. By accessing our Services we will inform you, through a pop-up banner, of our use of cookies.

1. About cookies

Cookies are files, often with unique identifiers, that web servers send to Internet browsers and can then be sent back to the server each time the browser requests a page from the server.

Web servers use cookies to identify and track users while browsing the different pages of Services, as well as to identify users returning to Services.

Cookies can be “persistent” cookies or “session cookies”. A persistent cookie consists of a text file sent by a web server to an Internet browser, which is stored by the browser and remains valid until the defined expiration date (unless the user deletes it before the expiration date ). On the other hand, a session cookie expires at the end of the user’s session, when the Internet browser is closed.

2. Cookies from the Services

On our Services, including our Website, and mobile applications, we use session and persistent cookies.

We will send you the following cookies:

1. Session Cookies
2. Google Analytics: This cookie allows us to identify unique users, unique sessions, regulate the rate of requests and store information about user sessions and campaigns.

Cookie 1 is a session cookie, while Cookie 2 is a persistent cookie.

3. How we use cookies

Cookies do not contain personally identifiable information, but we have the possibility of linking the Personal Data we store about you with the information obtained and stored from cookies.

We use the information we obtain from the use of our cookies for the following purposes:

1. Recognize your computer when you access and/or use our Services.
2. Improve the usability of the Services.
3. Analyze the use of our Services.
4. Manage the Services.
5. Third party cookies

When you use the Services, you may also be sent third-party cookies.

Our service providers can send you cookies. They use the information they obtain through their cookies for the following purposes:

1. Track your browser on different Services.
2. Create a profile of your Internet browsing.
3. Select specific ads that may be of interest.
4. Deletion and blocking of cookies

You can, at any time, restrict, block or delete cookies from the Services. To do this, you must modify the configuration of your browser regarding the use of cookies through the “Preferences”, “Options” or “Tools” menu (the name of the menus or the procedure to access the cookie options vary depending on the browser used). Most browsers allow you to refuse to accept cookies and to delete cookies. The methods for doing so vary from browser to browser, and from version to version. You can however obtain up-to-date information about blocking and deleting cookies via these links:

• https://support.google.com/chrome/answer/95647 (Chrome);
• https://support.mozilla.org/en-US/kb/enable-and-disable-cookies-Services-preferences (Firefox);
• https://help.opera.com/en/latest/security-and-privacy/ (Opera);
• https://support.microsoft.com/en-gb/help/17442/windows-internet-explorer-delete-manage-cookies (Internet Explorer);
• https://support.apple.com/en-gb/guide/safari/manage-cookies-and-Services-data-sfri11471/mac (Safari); and
• https://privacy.microsoft.com/en-us/windows-10-microsoft-edge-and-privacy (Edge).

Navigation

When accessing and/or using the Services, non-identifying data may be collected, which may include the IP address, geolocation, a record of how services and Services are used, browsing habits and other data that cannot be used to identify the User.

The Services use the following third-party analysis services: Google Analytics

Zignaly uses the information obtained to obtain statistical data, analyze trends, administer the Services, study navigation patterns and to gather demographic information.

Accuracy and veracity of Personal Data

You agree that the information provided to Zignaly is correct, complete, accurate and current. You are solely responsible for the veracity and correctness of the data you submit when access and/or using the Services, exonerating Zignaly from any responsibility in this regard.

Acceptance and consent

You declare to have been informed of the conditions on protection of Personal Data, You accept and consent to the treatment of the same by Zignaly in the manner and for the purposes indicated in this Privacy Policy.

Revocability

To exercise the rights of access, rectification, cancellation, portability and opposition, you must send an email to [email protected] along with your valid proof of ID such as a Government-issued identification document. The exercise of your rights do not include any Personal Data that Zignaly is obliged to keep for administrative, performance of contracts, legal or security purposes.

Change of Operatorship

In case of incorporation, acquisition, merger or any other causes that cause the change of Operatorship of the Services, you expressly consent that your registration data and information are transferred by Zignaly to the new Operator. When and if this occurs, Zignaly will comply, in any case, with the duty of information to you.

Changes to the Privacy Policy

Zignaly reserves the right to modify this Privacy Policy to adapt it to legislative developments, as well as to industry practices. Zignaly may notify you of changes to this Privacy Policy by email or through the Services.

Services Operator

The Services are operated by Highend Technologies LLC, a Saint Vincent and the Grenadines limited liability company with its office address at First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines..

Contact

In case you have any questions or complaints about the Privacy Policy, you can contact our data protection officer via email to [email protected]

The post Privacy Policy appeared first on Zignaly.

OKEx is a crypto exchange that used to be located in Hong Kong, but it’s apparently moved to Malta, no doubt because—along with Estonia and Gibraltar— that’s one of the few European countries that has clearly defined licensing requirements for crypto exchanges. They are so well-defined in fact, that many crypto exchanges from around the world have gone to Malta too.

OKEx offers many services under one roof, including spot trading (the name for typical trading) and derivatives trading. It’s interesting to note that (as of this writing) OKEx has become the biggest crypto spot and futures exchange on the planet.

You should be aware that investors from the US aren’t allowed to trade on the OKEx exchange, so you’ll have to look elsewhere if you’re a citizen. But that shouldn’t be too much of a burden because there are plenty of other high-quality exchanges to choose from.

Liquidity

As part of this OKEx review need to point out that its trading volume has frequently been high enough to rank it among the top five exchanges, which means we are talking about cryptocurrency orders that regularly hit US$1 billion per day. This kind of volume means that it can offer very high levels of liquidity—a real benefit for traders. In a sign of how popular crypto trading has become, OKEx hit a trading volume of US$2.54 billion in 2020, but this was now only good enough to give it eighth place on the list of top exchanges. It’s interesting to see that OKEx’s overall volume has increased, and that its competitors clearly have as well.

Mobile Support

if you want to be able to access your exchange by firing up a mobile desktop app, then OKEx can accommodate you. There is a downloadable desktop client, and versions exist on the App Store and Google Play too, for Windows and Apple users.

OKEx Trading View

There is no overall best trading view. The best one is the one that works best for you, but as a minimum (because most platforms have this) it should show all part of the orderbook, the price chart of your chosen crypto and your order history. You should also be able to see buy and sell boxes. Since this is quite a personal decision, it’s advisable for you to look at the trading view and hopefully try it out. It’s the best way to tell if it’s going to be to your liking.

OKEx Trading fees

OKEx charges 0.15% trading fees for takers which is a little bit lower than the industry average of 0.25%. This isn’t unusual though because there are plenty of exchanges out there doing it, and it’s a shift that’s pushing fees in general down to somewhere between 0.15% an 0.10%. OKEx gives a discount to trade makers with a fee of 0.10%.

You’ll be pleased to know that there are benefits to be had from achieving higher trading volumes with OKEx. That’s because it operates a discount system which means that the more you trade, the more you save.

For example, as a regular user doing some spot trading, you’ll be subject to a standard 0.15% as a taker and 0.10% as a maker, as we said before. But, if your trading volume rises to more than 1000 BTC for 30 days and you’re also holding more than 2,000 OKB tokens (OKEx’s native token), then those fees drop to 0.09% for takers and 0.06% for makers. These are very generous fees, and doing this would only cost you $5,173USD (as at 11.20.19). VIP users benefit from even better trading fees.

OKEx Withdrawal fees

When you withdraw BTC OKEx charges you a fee of 0.0005 BTC, a much lower fee than the industry charges on average of 0.000812 BTC per BTC-withdrawal. That means OKEx will charge you around 40% less than the industry average for each withdrawal which makes it very competitive and well worth considering for that reason alone.

Conclusion

OKEx lets you make deposits via wire transfer and credit cards, which makes it very convenient for newer crypto investors. This kind of user-friendliness makes a great entry-level proposition for those who aren’t familiar with the deeper intricacies of the crypto world. All in all, the combination of trading volume, discounts, convenience, makes OKEx exchange a very attractive proposition for any crypto investor.

The post OKEx Review appeared first on Zignaly.

1. Effective Mobile Support with FTX Exchange
2. Understanding the Trading View at FTX
3. FTX and Leveraged Trading
4. OTC Desk at FTX
5. FTX is Available to Investors in the United States
6. Fees at FTX
7. Deposit Options
8. Security at FTX

What is the FTX exchange, and how does it work? You’ll find out in our in-depth FTX review.

If you’ve never heard of FTX, it’s a popular crypto exchange launched in early 2019, registered in Antigua and Barbuda. It’s based around trading derivatives, which are instruments priced according to the value of other assets (such as bonds, stocks, and commodities).

In a crypto trading context, the value of derivatives comes from specific cryptocurrencies’ prices. Traders are able to take part in derivatives trading linked to approximately twenty cryptocurrencies at FTX. That’s an impressive advantage, considering so many alternative derivatives exchanges offer ETH and BTC trading only.

Effective Mobile Support with FTX Exchange

For most crypto traders, a desktop computer is the most convenient and practical way to work. The critical data you need to view can fit onto a bigger screen comfortably, allowing you to read without straining your eyes or becoming confused. Charts may display quickly and more clearly, too.

But not all traders prefer desktop computers — some choose to trade through their mobile devices instead. If this applies to you, there’s good news: the FTX exchange is compatible with smartphones and tablets. You can download it from either Google Play or the App Store.

Understanding the Trading View at FTX

No FTX review would be complete without exploring its trading view. This is a major element of the FTX website, displaying a specific cryptocurrency’s price chart and its present price. You can find up-to-the-minute insights here, and place orders on the relevant crypto courtesy of the buy and sell boxes.

The majority of platforms also present you with your order history, to help you keep track of your previous activities. All of this is contained in the same trading view on your desktop.

However, while FTX’s trading view is outstanding, you may feel it’s not ideal, based on your personal preferences. Fortunately, you can adjust the settings to create a trading view that suits you better.

FTX and Leveraged Trading

If you choose to sign up with FTX, you can take advantage of leveraged trading. The maximum level is three times the relevant amount, which is lower than at some other exchanges offering leverage levels as high as ten times the amount.

You need to think carefully before trying leveraged trading for the first time. Yes, it can generate significant returns for you, but the potential losses could be equally large.

For example, imagine if you had $10K in your trading account (a very healthy balance) and decided to place $100 on Ethereum’s value increasing. If you were to do this with 100x leverage, you would receive $1000 if the value rose by 10 percent. But if Ethereum’s value were to drop by 10 percent, you would lose $1000 instead.

It’s worth keeping this in mind when you think about leveraged trading at the FTX exchange. Don’t rush into a decision.

OTC Desk at FTX

FTX provides Over The Counter (OTC) trading. How does this work?

Imagine if you had a high volume of a particular crypto (BTC, for example). Now, if you wanted to sell that full amount of BTC, you could do it on a regular platform like other traders.

However, many would choose to execute bigger trades outside the standard market place because they could impact the relevant crypto’s market price.

Additionally, the order book might be a little too thin for executing the trade. Over The Counter trading is a solution to this issue, and it’s available at FTX for you to try now.

FTX is Available to Investors in the United States

Why are US citizens denied the option to join such a large amount of exchanges? This is down to the Securities Exchange Commission (SEC).

The United States prohibits foreign businesses to solicit investors on its shores, unless said businesses have registered with the SEC. Ignoring this rule can lead to severe legal action, as proven by numerous cryptocurrency exchanges that have been sued (e.g. EtherDelta and Bitfinex). USDT (Tether) was also accused of misleading its investors.

Sadly, if you’re based in the United States and interested in trying cryptocurrency trading, FTX isn’t the exchange for you.

Fees at FTX

Trading Fees

FTX imposes a trading fee on you with each order you place. This is typically a percentage of your order’s value.

FTX divides between ‘takers’ (those who take orders from the book) and ‘makers’ (who place limit orders on the books).

This crypto exchange charges a taker fee of 0.07 percent, which lines up with the average at derivatives exchanges. But FTX charges makers no fees, which is a huge advantage.

Withdrawal Fees

You won’t be charged any withdrawal fees by FTX itself, but network fees will be imposed. As a result, you will only pay network fees to miners when withdrawing from FTX. Even this is lower than the industry average, and highly competitive.

These reasonable fees help to give FTX a valuable edge.

Deposit Options

At FTX, you can make asset deposits in a variety of ways. Options include debit card, wire transfer, and cryptocurrencies.

As FTX accepts deposits in fiat currencies, this exchange is considered suitable for entry-level traders: you can take your first steps in the crypto trading world with no need to own any crypto coins at the point of signing up and adding funds to your account.

Security at FTX

Last but not least: security. It’s a fundamental element of our comprehensive FTX review.

This exchange has been designed to provide users with a high standard of security, and utilizes the latest measures to minimize traders’ risk. You can execute trades without the worry of potential problems caused by data breaches. Nothing is guaranteed, of course, but the team behind the scenes is making every effort.

This brings our FTX review to a close. We hope this helps you make the right decision for your crypto trading goals, whether you’re a newcomer or a seasoned investor.

The post FTX Review appeared first on Zignaly.

1. KuCoin Liquidity and KuCoinShares
3. Understanding the Trading View on KuCoin
4. Margin Trading and KuCoin
5. Futures Trading at KuCoin Exchange
6. The Over-The-Counter (OTC) Trading Desk at KuCoin
7. Lending at KuCoin
8. KuCoin’s Pool-X Staking Platform
9. The Cost of KuCoin: Understanding its Fees
10. KuCoin’s Deposit Options
11. Security at KuCoin

Our KuCoin review is designed to provide you with all the expert insights you need to try this crypto exchange with confidence.

Since it was launched in 2017, KuCoin has gone on to become a major exchange. It has amassed a user base comprising more than five million people from across the globe, spanning more than two-hundred nations.

Seychelles-based KuCoin is generally referred to as the “people’s exchange”, and is recognized for the range of crypto services it offers. These include fiat to crypto, crypto to crypto, staking, futures trading, and more.

KuCoin has in excess of two-hundred-and-fifty supported coins along with four-hundred-and-forty trading pairs. It’s not surprising that it achieved remarkable funding in preparation for its launch, securing investments from Matrix Partners and IDG Capital, and revealed that it had earned $20 million in round-A support from investors within 18 months of launch.

KuCoin clearly benefited from a stable release and has expanded into a major contender on the crypto market in a fairly short space of time. We’ll cover the most crucial factors of its services below, as our KuCoin review continues.

KuCoin Liquidity and KuCoinShares

According to Coinmarketcap.com’s ranking process, KuCoin tends to be placed high, based on its liquidity, traffic patterns, and trading volumes. Again, that’s a testament to the exchange’s quality and popularity.

KuCoin also has its own native token, known as KuCoin Shares (KCS). You can expect to receive a KCS bonus every single day if you hold any KuCoin shares, and you’ll get discounts on trading. Reduced fees for withdrawals will be provided, too, while holders are welcome to take part in frequent votes.

Welcoming to Investors Based in the United States

Investors located in the United States are welcome to trade on KuCoin, unlike some other exchanges, which prohibit US-based investors from utilizing their services. It’s recommended, though, that American users take the time to determine whether the state in which they reside has any regulations in effect that might interfere with international cryptocurrency trading.

Understanding the Trading View on KuCoin

Exchanges incorporate their own trading views, and you need to decide which suits you best based on your personal trading preferences. The views tend to have one thing in common, though: they display the order book (or just a single part of it), as well as the specific cryptos’ price chart and a history of orders.

The trading views usually include “buy” and “sell” boxes, for your convenience. Take the time to explore the trading view options before you select one exchange, to make sure it works for you. KuCoin’s trading view is designed incredibly well and carries a wealth of crucial information.

Margin Trading and KuCoin

Another key aspect we considered when writing this KuCoin review is the exchange’s Margin Trading Service.

This empowers traders with the flexibility to utilize funds that have been supplied by other KuCoin users. As a result, they have access to bigger amounts of capital and can leverage positions (for both short and long).

While borrowing these funds can help you achieve higher profits over time, they can also increase potential losses than the investment made initially. Fifteen cryptocurrencies are supported by KuCoin Margin Trading, including Ethereum, KuCoinShares, and of course, Bitcoin. 35 trade pairs feature, too, with as much as 10x leverage available.

Futures Trading at KuCoin Exchange

The KuCoin futures trading platform was launched in summer 2019. This was followed by the Lite version around six months later.

Futures trading, also known as contract trading, involves the purchase and sale of standardized future contracts of financial assets or commodities. Future contracts stipulate that the buyer will purchase assets at a set cost at a certain time to come. The seller will need to provide said asset at the set price on the proper date.

The Over-The-Counter (OTC) Trading Desk at KuCoin

The KuCoin Over-The-Counter (OTC) Trading Desk was launched in summer 2019. This enables users to execute longer trades at specific prices, with no possibility of triggering changes in that crypto’s value.

The KuCoin OTC Trading Desk supports direct purchases of BTC, USDT, and additional crypto coins via CAD, IDR, VND, or CNY. No trading fees apply and settlements tend to be fast. All you need to take advantage of KuCoin’s OTC trading desk is to complete the full KYC registration process, including the creation of a password.

Lending at KuCoin

KuCoin’s Lending platform is designed to support users who lend cryptocurrencies to others, with interest charged to generate extra income. To take part, lenders are required to provide details on the loan amount and the rate of daily interest they wish to charge (within a range of 0 to 0.2 percent).

The Lend Terms selection can vary from one week to two weeks and even around one month (28 days by default).

KuCoin’s Pool-X Staking Platform

Pool-X, a staking platform, is known for establishing a free market which solves the staked crypto liquidity issue.

Traders can take part in Staking and achieve rewards, as well as the native Pool-X token (POL Credits). Traders can trade their staking assets with a higher liquidity level in the liquidity trading market.

The Cost of KuCoin: Understanding its Fees

Trading Fees

KuCoin utilizes a flat fee structure, rather than charging a variety of fees between makers and takers. It provides a flat trading fee of 0.10 percent, falling beneath the worldwide average in the industry — while opinions differ on what this average actually is, it’s considered to hover around the 0.25 percent mark.

Paying the trading fees with KuCoinShares can lead to an additional discount. These trading fees are decreased based on the trading volume and holdings of the last 30 days of KuCoin Shares.

Withdrawal Fees

A number of crypto exchanges implement highly-competitive trading fees, but manage to hit you with the high cost of their withdrawal charges. But KuCoin is different: the withdrawal fee is equal to around 00004 BTC when withdrawing Bitcoin (for example). This falls below the average in the industry, too.

Overall, the trading and withdrawal fees give KuCoin exchange another major advantage against most of its competitors.

KuCoin’s Deposit Options

For a brief period, KuCoin accepted deposits in cryptocurrencies only — no fiat funds were permitted. As a result, inexperienced cryptocurrency investors were prevented from trading at KuCoin, though this all changed in summer 2019.

KuCoin’s switch to embracing fiat currency deposits was achieved thanks to Simplex’s cooperation. Its users can now buy Ethereum, LiteCoin, Bitcoin, and Ripple through Visa or MasterCard.

However, users in certain countries on Sanction lists cannot use these deposit methods. These banned nations include North Korea, Syria, Iraq, Libya, and Afghanistan.

Furthermore, residents of Washington, New Mexico, Connecticut, New York, Hawaii, and Georgio are prohibited from utilizing this deposit method too. Finally, KuCoin also does not accept payments via wire transfer.

Security at KuCoin

Security is a key concern when considering any cryptocurrency exchange, and KuCoin is no different.

KuCoin exchange stores a huge amount of sensitive data pertaining to its users, such as name, address, taxpayer information, and more. It handles an incredible amount of cryptocurrency and cash deposits.

That means there’s a lot at stake if a cybersecurity attack managed to breach the exchange’s defenses. Fortunately, KuCoin implements the latest security to help safeguard your funds and minimize the risk of data falling into the wrong hands.

That brings our KuCoin review to a close. We hope this helps you understand what to expect if you choose this exchange.

The post KuCoin Review appeared first on Zignaly.

1. Are Investors from the United States Welcome at BitMEX?
2. Understanding BitMEX Corporate
3. The Trading Platform Database
4. BitMEX’s Leveraged Trading<
5. The Fees at BitMEX
6. Deposit Options at BitMEX
7. Security at BitMEX

BitMEX, a Seychelles-based crypto exchange, has become one of the largest derivatives exchanges since it was founded in 2014. As of June 2020, BitMEX’s 24-hour trading volume amounted to a staggering $1.58bn, earning it the number-three spot on a list of derivatives exchanges boasting the top 24-hour trading volumes (on Coinmarketcap). What took the top two spaces on that list? Huobi Global and Binance.

Still, BitMEX has achieved a lot in a fairly short period of time and continues to be regarded as one of the leading crypto exchanges. Our BitMEX review explores everything else you need to know to get started with this platform today.

Are Investors from the United States Welcome at BitMEX?

Sadly, investors based in the United States are unable to trade at the BitMEX exchange. The same applies to investors from Japan.

Understanding BitMEX Corporate

BitMEX Corporate was announced by email in late June 2020. This was designed for BitMEX’s corporate user base, and offers a number of advantages:

• BitMEX Corporate provides dedicated managers responsible for client coverage relationships and corporate events
• Strong security setups, with extra options for allocating access to accounts and control, through authorized signatories and dedicated account managers
• Enhanced accounting requirements allow for clarification of account ownership and domicile
• Users can access BitMEX’s Account Audit features and support

The Trading Platform Database

The BitMEX trading platform was made in the column-based database kdb+. This database type is also used by banks’ trading platforms.

As a result, BitMEX is incredibly fast and dependable, particularly when compared to a lot of its competitors (such as Poloniex). Its trading view is well designed: it’s clear and makes a lot of sense. You can view key diagrams in the centre, while the history is positioned on the right. The current order book appears on the left.

This simple trading view ensures an accessible user experience. Furthermore, BitMEX’s mobile site is outstanding, and you can even turn on the night mode setting whenever you like. This is ideal if you’re prone to checking your trading activities in bed before you sleep, or just want to give your eyes a rest from glaring screens.

BitMEX’s Leveraged Trading

BitMEX provides the option to try leveraged trading, with a maximum of 100x for spot and futures. This applies to both going short and long.

There’s a potential for large returns and, sadly, large losses. For example, if you added $20,000 to your account and placed $200 on ETH’s value increasing 10 percent at 100x leverage, you would earn $2000. But if you placed $200 on the same outcome without the 100x leverage, you would get just $20.

Still, if ETH were to decrease by 10 percent, you would lose $2000 instead. You can see there are real advantages and disadvantages to consider with BitMEX’s leveraged trading.

The Fees at BitMEX

Three types of fees apply to BitMEX: trading fees, deposit fees, and withdrawal fees.

The size of your deposit fees will differ depending on the payment method you use to add money to your account. Trading fees, though, are 0.075 percent of the order’s total value for takers. Makers will receive 0.025 percent when they make trades, which means their trading fees are -0.025 percent.

Finally, withdrawal fees align with the network fees: around 0.000154 BTC for withdrawals in Bitcoin.

Trading Fees at BitMEX

It’s crucial that you check all trading fees at any exchange you choose to use. But before we get to that part of this BitMEX review, we’ll clarify what the terms “taker” and “maker” mean.

All trades are conducted between two separate parties: one is the taker, the other is the maker. The taker’s role is to place an order which matches the maker’s order, while the maker’s orders create a market’s liquidity. Takers remove said liquidity by making sure their order matches the maker’s own.

This model of trading stimulates market liquidity, and provides its makers with a fee discount as a reward. Another benefit is the tighter market spread, thanks to makers’ increased incentive to keep outbidding one another.

The 0.075 percent BitMEX charges takers in trading fees is fairly standard for derivatives exchanges. But it actually pays makers for making orders, as they have a negative fee in place.

For instance, if you place a maker order with a value of $100,000 and a taker picks it up, you’d receive $25 for being responsible for the liquidity. Yes, that might not be a huge amount for an order on such a large scale, but the fact that you will be receiving payment for making orders is incredibly impressive.

However, let’s be clear: BitMEX’s focus is firmly on option trading, unlike many other cryptocurrency exchanges. Fees are split into multiple contract types: traditional futures, perpetual contracts, downside profit contracts, and upside profit contracts.

Explaining BitMEX’s WIthdrawal Fees

We’ve covered the BitMEX exchange’s fees in depth, but there’s still a little more to consider: withdrawal fees. This can be easy to overlook, but you need to know this before you start using BitMEX.

Let’s consider this example. You trade at a major cryptocurrency exchange with competitive trading fees, meet any personal investment targets, and want to purchase a property with Ethereum. But you have to withdraw the money first, which is where the exchange is designed to make up the money it loses in those competitive trading fees.

Here is where BitMEX differs: it only charges the network fee for users who make withdrawals. This gives it a significant competitive edge and helps it stand out.

Deposit Options at BitMEX

The only deposit method the BitMEX exchange accepts is cryptocurrencies. This means if you’re new to crypto trading, you would need to purchase cryptocurrency coins from a different exchange before depositing them at BitMEX. You can’t use fiat money.

Security at BitMEX

Security is crucial at BitMEX, and at any crypto exchange for that matter. It processes countless trades and stores a wealth of sensitive data related to its users.

As a result, the most cutting-edge security measures are required to safeguard users’ information. BitMEX implements the latest technologies and techniques to protect your account round the clock.

We hope this BitMEX review has given you all the information you need to know before you sign up!

The post BitMEX Review appeared first on Zignaly.

1. Binance and Futures Trading<
2. Basic and Advanced Trading Alternatives
3. Which Cryptocurrencies Does Binance Support?
4. What is the Binance OTC Trading Portal?
5. What is the Binance Lending Product?
6. hat are Binance’s Fees?
7. What Deposit Methods are Available on Binance?
8. What Security is Available at Binance?

Binance is one of the foremost cryptocurrency exchanges. In this comprehensive Binance review, we cover all the key details to help you understand this platform when you try it for the first time.

The Binance exchange team is based in Malta (though it originally operated out of Honk Kong), and the platform has become a market leader in only a short period of time since it launched in summer 2017. Binance’s team is incredibly strong, with its CEO being one of the crypto industry’s biggest figures.

It’s unsurprising that the Binance team chose to switch to Malta instead of Hong Kong: Malta is one of a small number of European countries implementing licensing requirements for crypto exchanges (along with Gibraltar and Estonia).

It’s common for Binance to be ranked as the number-one exchange, or at least within the top three, on the basis of trading volume per day. As a result, Binance is one of the most well-respected, trusted crypto exchanges available.

For example, as the COVID-19 pandemic was bringing chaos to the world in April 2020, Binance actually reported a 24 hour trading volume of $4bn, which was the global highest.

Even more impressive, though, was that Binance’s 30 day trading volume reached almost $140bn. Again, this was the world’s highest — an incredible achievement.

Binance and Futures Trading

The Binance brand launched its futures trading in an official capacity in September 2019.

As you may know, futures are also referred to as “option contracts”: these are designed to provide option holders with a right to purchase or sell specific assets at specific rates. Remember: this is a choice, not an obligation.

There are two option variations available. American Options offer holders the right to take advantage of this option at any time (provided it’s before the contract expires), while European Options can only be exercised across certain dates.

Binance exchange charges competitive fees for futures trading, usually below the industry’s average. The standard taker fee is 0.075 percent, while the standard maker fee is 0.025 percent.

Basic and Advanced Trading Alternatives

Anyone who decides to use Binance after reading our Binance review will be able to pick one of two trading alternatives: basic or advanced.

Basic doesn’t cater to those looking for detailed technical analysis as well as the advanced version, though neither can be called “easy to use”. The trading view in the basic version is fairly streamlined and user friendly. A lot of the essential information appears in a single page for your convenience, while prices are displayed on the page’s left.

Graphs appear in the centre, along with sell and buy options, with the history displayed on the right.

How about the advanced version? Well, the charts are bigger and take up extra space. The trade history is still displayed to the right, as with the basic version, but the buy & sell boxes are in the lower-right area.

Still, there’s no right or wrong here: it’s up to you to discover which of the views works for you best.

Which Cryptocurrencies Does Binance Support?

Hundreds of cryptocurrencies are supported by Binance, and the exchange implements a dedicated quality assurance system. This is designed to make sure that projects can be delisted if they’re discovered to have failed the qualification requirements after being listed.

For example, Binance removed listings for the following cryptocurrencies in February 2019:

• SALT
• CloakCoin
• Substratum
• Wings
• Modum

What is the Binance OTC Trading Portal?

Binance confirmed its OTC (Over The Counter) desk in April 2020, via an email distributed to its users.

This enables users to execute trades on a larger scale without danger of “slippage”, the term applied to price fluctuations caused by such sizable transactions.

The OTC Trading portal incurs no fees for trading and fast settlement. The minimum trade size is equivalent to USDT 10,000, while 25 different tokens and coins will be available to be traded initially. Users will be required to hold a Binance.com account com which has been KYC verified at level two.

For Investors Based in the United States

For a long while, the Binance exchange has accepted investors from the US looking to trade at its exchange. But in June 2019, the brand revealed that it was launching an American version of the platform, which will be a fiat-to-crypto centralized exchange.

This was followed a few months later by the revelation that investors based in the US were unable to use the main version of Binance. The announcement said users who were considered to not be in accordance with the brand’s Terms of Use will be able to access their funds and wallets, yet unable to execute trades or make deposits.

According to the company’s CEO, such short-term frustrations would prove worth the trouble in the long run.

What is the Binance Lending Product?

Binance Lending Products can be used to lock specific assets in for a particular time frame, which will generate interest.

Binance released 14-day fixed term lending products in September 2019, which can bring in interest when users lock the assets in for two weeks only.

What are Binance’s Fees?

When you decide to start using any crypto exchange, it’s vital that you pay attention to the fees. Every trade is conducted between two entities: the maker and the taker.

The maker’s order appears on the order book ahead of the trade, while the taker places an order that aligns with the maker’s order. They’re referred to as “makers” as their orders “make” the market’s liquidity, and the others are known as “takers” because they take the liquidity by matching the makers’ orders to their own.

This model cultivates liquidity in the market, as the makers providing the liquidity tend to get a discount on fees, compared to takers. Numerous leading crypto exchanges, though, don’t impose a fee between makers and takers. These fees are considered “flat”.

Exploring Binance Trading Fees

Binance provides a flat 0.10 percent trading fee, and doesn’t seem to care if you’re a maker or a taker. Investors that like to pick up orders out of the order book may find this fee model appealing. This exchange’s trading fees are well below the industry’s average, which is typically approximately 0.25 percent.

Binance’s trading fees tend to be reduced based on the native token’s (BNB) trading volume and holdings.

The Withdrawal Fees of Binance

Typically, withdrawal fees vary from one crypto exchange to another and are fixed. If you choose to withdraw Bitcoin, for example, you pay a modest BTC fee to process this withdrawal. Research shows the Bitcoin withdrawal fees are approximately 0.006 BTC per withdrawal on average.

However, Binance only charges 0.0004 BTC, which means their fees are highly competitive.

What Deposit Methods are Available on Binance?

Binance previously accepted deposits in cryptocurrencies and not in fiat currencies, which meant investors new to the crypto scene were unable to conduct trades at Binance. This changed in January 2019, when the exchange started accepting deposits via credit card in specific situations.

The Binance exchange started working with Simplex, a payment service brand based in Israel. This is why users could buy Bitcoin, Litecoin, Ripple, and Ethereum with MasterCard or Visa. This isn’t possible in countries on Sanctions lists, e.g. North Korea, Afghanistan, Libya, and Syria.

Also, users based in particular areas of the United States are unable to take advantage of this: Georgia, Hawaii, Washington, Connecticut, New Mexico, and New York.

Simplex imposes a 3.5 percent charge on each trade, and if you want to purchase BTC for $10,000, Simplex would charge $350 along with a minimum fee of $10 for facilitating the purchase. On top of this, in December 2019, Binance revealed they would enable users to connect Visa cards to their accounts and buy coins this way.

As a result, users would presumably be able to avoid Simplex and its fees. At the time of writing, though, this applies to Visa cards issued across the EEA only, as well as for those in following nations:

• Germany
• France
• UK
• Netherlands
• Sweden
• Poland
• Belgium
• Austra
• Croatia
• Bulgaria
• Czech Republic
• Republic of Cyprus
• Estonia
• Denmark
• Greece
• Finland
• Ireland
• Italy
• Hungary
• Latvia
• Lithuania
• Malta
• Portugal
• Luxembourg
• Slovakia
• Romania
• Spain
• Iceland
• Slovenia
• Norway
• Liechtenstein

However, in July 2020, Binance revealed that it was also permitting wire transfers, thanks to their partnership with Clear Junction. This means the Binance exchange can now accept bank transfers in EUR through SEPA, and transfers in GBP through Faster Payments.

What Security is Available at Binance?

Security is critical at all cryptocurrency exchanges, and that’s why we’re discussing it in our review. There are two primary reasons why security is so important.

First and foremost, exchanges store a huge amount of sensitive data pertaining to users. This includes names, addresses, taxpayer identification number, government identification details, and more. This information must be protected, and the best exchanges implement cutting-edge security technologies to maximize data defence.

Secondly, a lot of deposits and withdrawals in cash or coins pass through exchanges. There’s a lot at stake, and these funds must be safeguarded.

Various hacks launched at crypto exchanges have taken place. Perhaps the most well known is the Mt. Gox hack, which caused thousands of its users to lose a lot of money. However, a lot of other exchanges have experienced problems.

Binance, though, is known to implement high-quality security to protect its users details and money. You can enjoy good peace of mind that your funds are in good hands when you choose to use Binance.

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