User Agreement for Betelgeuse Trade

Last Updated: August 17th, 2022

This User Agreement is concluded between you ("You" or "User") and Betelgeuse Trading Platform ("we", "us", "our", "ours", "Betelgeuse", or, the "Platform"). By using, accessing, or attempting to use or access Betelgeuse website (https://www.betelgeuse.com), Apps and any other services provided by Betelgeuse or affiliated companies thereof (the "Services"), it will be deemed that you have read and agreed to all the terms and conditions specified in this User Agreement and Privacy Policy ("Agreement"), as well as the amendments and updates which we may make thereto, and any other agreements, terms, conditions, guidelines, rules, or written instructions, as published by Betelgeuse on its website, Apps, or other Services and amendments and changes thereto, from time to time (altogether as the "Legal Documents"). If you do not agree or otherwise understand the nature of this Agreement and the Legal Documents, do not access Betelgeuse or use the corresponding Betelgeuse Services.

BY MAKING USE OF Betelgeuse SERVICES, YOU ACKNOWLEDGE AND AGREE THAT: (1) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRANSACTIONS OF DIGITAL ASSETS AND THEIR DERIVATIVES; (2) YOU SHALL ASSUME ALL RISKS RELATED TO THE USE OF Betelgeuse SERVICES AND TRANSACTIONS OF DIGITAL ASSETS AND THEIR DERIVATIVES; AND (3) Betelgeuse SHALL NOT BE LIABLE FOR ANY SUCH RISKS OR ADVERSE OUTCOMES.

If you would like to know more about the risks associated with investing in or trading Digital Assets, you can access our Risk Disclosure Statement at https://www.betelgeuse.com/risk

1. Introduction

This Agreement (the "Agreement") is a legally binding document that governs the use of the Betelgeuse Trade platform (the "Platform") by users. By using the Platform, you agree to the terms of this Agreement. If you do not agree with the terms, please do not use the Platform.

2. Registration and Account

2.1. To access all features of the Platform, you must register an account. You agree to provide accurate and up-to-date information during the registration process.

2.2. You are responsible for maintaining the confidentiality and security of your password and account.

2.3. The Platform reserves the right to suspend or block your account if any terms of the Agreement are violated.

3. User Obligations and Rights

3.1. You agree to use the Platform in accordance with applicable laws and regulations.

3.2. You confirm that you have sufficient knowledge and experience to trade cryptocurrencies and understand all the risks associated with trading.

3.3. You agree not to use the Platform for illegal purposes, such as money laundering, financing terrorism, and other unlawful activities.

4. Platform Services

4.1. Betelgeuse Trade provides users with services for storing, exchanging, and trading cryptocurrencies.

4.2. The Platform may offer additional services, such as trading bots, analytical tools, and other services, which may be modified or updated at the company's discretion.

4.3. All transactions on the Platform are carried out under the terms set by the user, and the Platform is not responsible for any potential losses from trading.

5. Risks Associated with Using the Platform

5.1. Market Volatility Risk

Cryptocurrencies are highly volatile, meaning their prices can fluctuate sharply. You should understand that trading cryptocurrencies involves the risk of significant financial losses due to market instability. The Platform is not responsible for any losses resulting from changes in market conditions.

5.2. Risk of Loss of Funds

The Platform provides tools for trading cryptocurrencies but does not guarantee profits. You agree that the risk of losing invested funds rests solely with you. The Platform is not responsible for losses incurred from using its services, including cryptocurrency transactions and trading with AI bots.

5.3. Security Risks

Despite the use of modern security technologies, including data encryption and two-factor authentication, there is a risk of losing access to your account, losing funds, or compromising your data. The Platform is not responsible for any damage caused by the loss or theft of data or funds due to third-party actions, including hacking attacks, phishing, and other threats.

5.4. Risk of Using Trading Bots

Using AI trading bots provided by the Platform carries certain risks, including the possibility of incorrect trading decisions, algorithm failures, or errors in the bot's operation. The Platform is not responsible for the consequences of trading using trading bots or any potential losses from their use.

5.5. Legal and Tax Risks

You are responsible for complying with all applicable laws and tax obligations related to cryptocurrency usage. The Platform does not provide legal or tax advice and is not responsible for any consequences related to legal or tax matters arising in your jurisdiction.

5.6. Liquidity Risk

Some cryptocurrencies may have low liquidity, which can affect your ability to buy or sell cryptocurrencies at your desired price. The Platform does not guarantee liquidity for all trading pairs and is not responsible for any difficulties in executing trades.

5.7. Risk of Regulatory Changes

Cryptocurrency and financial technology legislation continues to evolve. Changes in legal frameworks or regulations may affect the availability or legality of using the Platform or specific cryptocurrencies in your region. The Platform is not responsible for any consequences resulting from such changes.

6. Legality and Licenses

6.1. The Platform operates in compliance with the laws of the countries in which it is registered.

6.2. The Platform provides users with information about its registrations and licenses in the relevant section on the website.

7. Security and Confidentiality

7.1. The Platform employs modern data protection methods, including encryption, two-factor authentication, and other security measures.

7.2. You agree to maintain the confidentiality of all data associated with your account.

7.3. The Platform is not responsible for any loss or compromise of data if it occurred due to user negligence.

8. Limitation of Liability

8.1. The Platform is not liable for any direct or indirect losses that may arise from using the Platform, including, but not limited to, losses related to cryptocurrency trading, data loss, or Platform downtime.

8.2. The Platform does not guarantee the accuracy and completeness of the information provided on the Platform and is not responsible for any consequences resulting from the use of such information.

9. Changes to the Agreement

The Platform reserves the right to modify, update, or supplement this Agreement at any time. All changes will be published on the website, and continued use of the Platform after such changes means your acceptance of the new terms.

10. Termination of Use of the Platform

10.1. You have the right to cease using the Platform at any time.

10.2. The Platform may also suspend or block your account in the event of a violation of the terms of this Agreement.

11. Governing Law

This Agreement is governed by the laws of the country in which Betelgeuse Trade is registered.

12. Contact Information

If you have any questions or comments regarding this Agreement, you can contact us at: [contact email].

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