Terms & Conditions of Use

Welcome to Wealthybot Limited (hereinafter also “Wealthybot” or “we/our”). We offer a software as a service solution “SaaS”, hereinafter referred to as “the Software” through our website wealthybot.io (the “Website”). The Software enables you (the “User”) to create trading rules and automate their operation on third-party cryptocurrency exchanges.

v1.03 Updated 16 March 2021 Wealthybot Limited

These Terms and Conditions (the “Terms”) apply to the relationship between Wealthybot and its Users for any use of the Website and the Software that Wealthybot offers. You are not permitted to use the Website and the Software without accepting these Terms.

By accessing the Website, you are agreeing to be bound by these Terms of Service, all applicable laws and regulations, and you agree that you are responsible for compliance with any applicable local laws. If you do not agree with these Terms of Service, you are prohibited from registering, using and subscribing to Wealthybot’s Software. The materials contained on the Website are protected by applicable copyright and trademark law.

1. Definitions

1.1 Wealthybot: Wealthybot is a trademark used by Wealthybot Limited to refer to its automated trading software that creates trading rules to operate on third-party exchanges.
1.2 User(s): individual consumers or legal entities making use of the Website or Software. Also referred to as “you”.
1.3 Software: developed and fully owned by Wealthybot, the Software enables users to create various trading rules on a user-friendly digital interface.
1.4 Rules: trading strategies, built with indicators such as but not limited to price, volume and market capitalization. The range of rules is subject to change in accordance with Wealthybot’s future amendments to the interface.
1.5 Free Simulator: the simulator trial of the Software available to users for free for a 3 month period of time. The availability of rules and functionalities of the Software is limited in the Simulator Trial.

2. Registration and personal account

2.1 If you want to use our Website and Software, go to our Website wealthybot.io .
2.2 To have initial access to the Software, you will need to register and create a personal account. You can register using your personal email or opt to log in through your Google profile in order to use the Website and the Software.
2.3 You must protect the login details of your account and keep your password strictly secret. We will assume that all activity from your account is carried out by you or under your supervision.
2.4 You must protect the login details of your account and keep your password strictly secret. We will assume that all activity from your account is carried out by you or under your supervision.

3. Offers and prices

3.1 All offers and Simulation trials on the Website are without obligations. However, all offers and free trials are always subject to these Terms.
3.2 Contingent on your jurisdiction, the prices on the Website can be either inclusive or exclusive of taxes and expenses.
3.3 We reserve the right to adjust the prices subject to the digital market conditions. You agree to any price changes that shall take effect immediately.

4. Free Simulator Trail

4.1 Upon registration, you may use the Free Simulator Trial whereby you would be entitled to use the Software Simulator for a period of 3 months from the time it is initiated. After this period the Simulator will be automatically disabled.
4.2 Some software functionalities are subject to limitations during the Simulator Trial. Wealthybot reserves the right to amend the structure, length and availability of simulation and trading rule options.
4.3 Wealthybot reserves the right to introduce or withdraw the option for users to use the Software or Simulator at any time.

5. Credits and payments

5.1 You need a Credits to use the live trading option  Software and its range of functionalities.
5.2 Credits are offered on the basis of 1-to-1 with 1 Credit equal to the value of 1 USDT or 1 USDC.
5.3 The cost of Credits will be debited from the payment method you choose in the Coinbase Gateway provided. You will be required to pay the transaction fee or it will be debited from the original value. You will receive the Credits you pay for minus the transaction fee if it is not included. Credit transactions are non-refundable.
5.4 WealthyBot will remove 20% of the profit you make in credits. You must have credits to cover the profit of your liquidated position(s) or Wealthybot will not close the trade. For example if you have $20 in profit Wealthybot will take $4 in credits or 4 credits. 
5.5 By choosing our Coinbase payment options, you grant your permission for us to initiate a payment or a series of payments on your behalf via Coinbase Commerce. All your payment details will be confidentially secured.
5.6 A Wealthybot account can be deactivated if your account remains in a negative credit balance for 45 days.
5.7 All Credits will expire and be be lost if an account remains inactive with no trading activity for over 360 days.
5.8 A user can freeze an account and access to their exchange at any time by disconnecting their Wealthybot account from the Binance Exchange via API. Email support if you would like the account to be completely closed.
5.9 The Data on a User’s account may be subject to deletion at any time without notice. All user funds will not be affected since they are in the exchange

6. Cancellation

6.1 Users have the right to cancel their Simulator Trial and Account at any time.

6.2 Wealthybot reserves the right to refuse its services to anyone. Any account can be removed at anytime without notice. All user funds will not be affected since they are in the exchange.

7. Refund Policy

7.1 Under no circumstance can we refund Credits. By using our platform you wave the right for a Credit refund. Before making a purchase for credits this condition is agreed to every time.

7.2 At all times, Wealthybot reserves the right to retain the Credits that Users have paid for after 360 days of account inactivity.

8. Account Deletion

8.1 If you would like to terminate your activity on Wealthybot and permanently delete your account and User details, you have a right to request Wealthybot Support Team to delete your account. Please contact us by messaging via the Intercom live chat on the bottom right of our site.

8.2 If you would like to terminate your activity on Wealthybot and permanently delete your account and User details, you have a right to request Wealthybot Support Team to delete your account. Please contact us by messaging via the Intercom live chat on the bottom right of our site.

9. Users License

9.1 This is the grant of a license, not a transfer of title, meaning you are entitled to temporarily access the Software during the Simulator Trial, or alternatively, permanently with Live Trading. Under this license you may not: modify or copy the materials; use the materials for any commercial purpose, or for any public display (commercial or non-commercial); attempt to decompile or reverse engineer any software contained on the Wealthybot Website; remove any copyright or other proprietary notations from the materials; or transfer the materials to another person or “mirror” the materials on any other server.

9.2 This license shall be automatically terminated if you violate any of these restrictions and may be terminated by Wealthybot at any time.

10. Disclaimer and representations

10.1 The materials on Wealthybot’s Website and chats are provided on an ‘as is’ basis. Wealthybot makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights.

10.2 Wealthybot does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its Website or otherwise relating to such materials or on any sites linked to this site.

11. Limitation of Liability

11.1 Wealthybot does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its Website or otherwise relating to such materials or on any sites linked to this site.

11.2 In no event shall Wealthybot or its suppliers be liable for, including but not limited to, any damages for loss of data, financial losses, business interruption and injury arising out of the use of or the omission to use any materials on the Website, even if Wealthybot or a Wealthybot authorized representative has been notified orally or in writing of the possibility of such damage.

12. Accuracy of materials

12.1 The materials appearing on Wealthybot’s Website could include technical, typographical, or photographic errors. Wealthybot does not warrant that any of the materials on its Website are accurate, complete or current.

12.2 Wealthybot may make changes to the materials contained on its Website at any time without notice. However, Wealthybot does not make any commitment to update the materials.

13. Links

13.1 Wealthybot reserves the right to not fully review all of the sites linked to its Website and is not responsible for the contents of any linked site. The legitimacy and reliability of the data provided by the Websites referred to on Wealthybot’s Website is limited to the obligations to those Websites’ operators.

14. Modifications

14.1 Wealthybot may revise these Terms or its Website at any time without notice. By using this Website, you are agreeing to be bound by the then current version of these terms of service.

15. Trademarks

15.1 WEALTHYBOT.io and our logos, product service names, slogans and the Software are trademarks of Wealthybot and may not be copied, imitated or used, in whole or in part, without our prior written authorization. All other trademarks, registered trademarks, product names and company names or logos mentioned on the Services are the property of their respective owners. Reference to any products, services, processes or other information by trade name, trademark, manufacturer, supplier or otherwise does not constitute or imply endorsement, sponsorship or recommendation by us.

16. Restricted Locations, Individuals and Entities

16.1 You may not use the Website and the Software if you are located in, or are a citizen or a resident, of any state, county, territory or other jurisdiction that is embargoed by the United Kingdom, United States of America or the European Union, if you are an individual, an entity or a group listed on the United Nations Security Council Consolidated List, or where your use of the Website and the Software would be illegal or otherwise violate any applicable law.

16.2 You represent and warrant that you are not a citizen or a resident of a jurisdiction which is considered a restricted jurisdiction by EU Regulations or the laws of the United Kingdom or the United States of America, and that you will not use any Services while located in any such jurisdiction.

16.3 Wealthybot may implement controls to restrict access to the Website and the Software from any jurisdiction prohibited pursuant to this Section 15. You will comply with this Section, even if Wealthybot’s methods to restrict use of the Website and the Software are not effective or can be bypassed.

17. Wealthybot Investment Disclaimer

17.1 No Investment Advice. The information provided on this Website does not constitute investment advice, financial advice, trading advice, or any other sort of advice. You should not treat any of the Website’s content as such. Wealthybot does not recommend that any cryptocurrency should be bought, sold, or held by you. Nothing on this Website should be taken as an offer to buy, sell or hold a cryptocurrency. You should take reasonable steps to conduct your own due diligence and consult your financial advisory before making any investment decision. Wealthybot will not be held responsible for the investment decisions you make based on the information provided on the Website, within the Software or on any of Wealthybot’s public channels such as the social media or otherwise.

17.2 Accuracy of Information. Wealthybot will strive to ensure accuracy of the information listed on this Website, on our social media accounts including Twitter, Instagram, Telegram, Facebook, LinkedIn, or on any of our communication channels, although Wealthybot will not hold any responsibility for any missing or inaccurate information. You understand that you are using any and all information available from Wealthybot AT YOUR OWN RISK. You should take adequate steps to verify the accuracy and completeness of any information on the Website, on Wealthybot’s social media platforms or on any other Wealthybot communication channels.

17.3 Price Risk. The price of Bitcoin and other cryptocurrencies are highly volatile. It is possible for prices to increase or decrease by over 100% in a single day. Although this could mean potential profits, this also could mean potential losses. Only invest money which you are ready to lose. Cryptocurrency trading may not be suitable for all users of this Website. Anyone looking to invest in cryptocurrencies should consult a fully qualified independent professional financial adviser.

17.4 No Affiliation to Any Cryptocurrency. Wealthybot is not affiliated in any manner with any cryptocurrency. Wealthybot allows users to build automated trading strategies that get executed on third-party cryptocurrency exchanges. Wealthybot safely stores the Users’ information and does not disclose User data directly to cryptocurrency exchanges.

17.5 Execution Risk. Trading strategies set on Wealthybot are executed on third-party controlled exchanges. Wealthybot is not a trading platform and does not store or trade cryptocurrencies. Any execution failures or other events related to third-party exchanges ARE ENTIRELY OUTSIDE OF WEALTHYBOT’S control. Wealthybot does not take any liability for failures related to third-party exchanges. Use of third-party exchanges is solely at your own risk. Any financial risks associated with your trading decisions are reserved to you only.

General

ALL INFORMATION CONTAINED ON THE WEBSITE AND ITS SERVICES IS FOR GENERAL INFORMATIONAL USE ONLY AND SHOULD NOT BE RELIED UPON BY YOU IN MAKING ANY INVESTMENT DECISION. THE WEBSITE AND SERVICES DO NOT PROVIDE INVESTMENT ADVICE AND NOTHING ON THE WEBSITE AND SERVICES SHOULD BE CONSTRUED AS BEING INVESTMENT ADVICE. BEFORE MAKING ANY INVESTMENT CHOICE, YOU SHOULD ALWAYS CONSULT A FULLY QUALIFIED FINANCIAL AND/OR INVESTMENT ADVISER.

The Website and the Software include and/or may include advertisements and links to external sites and co-branded pages or promote Websites or services from other companies or offer you the ability to download software or content from other companies in order to provide you with access to information and services which you may find useful or interesting. Wealthybot does not endorse such sites nor approve any content, information, legal or illegal emails (whether spam emails or not), goods or services provided by them. Wealthybot is not responsible for and does not control those Websites, services, emails, content and software and cannot accept any responsibility or liability for any loss or damage suffered by you as a result of your use of its Website and services or of such external and/or co-branded sites.

Wealthybot is unable to exercise control over the security or content of information passing over the network, and Wealthybot hereby excludes all liability of any kind for the transmission or reception of infringing or unlawful information of whatever nature.

Website: wealthybot.io