Terms of Service

Terms of Use 2024/08/01 04:20:35 - Read more Please read these Terms of Use and the Risk Disclosure Statement carefully. By clicking the “Start trading now” button or by accessing or using any service made available by us, you agree to be legally bound by these Terms of Use (including the Fee Structure and Risk Disclosure Statement), the Privacy Policy and all terms incorporated by reference in the foregoing.

Summary of Terms of Use

We, SolidBullTrades (hereinafter referred to as “SolidBullTrades”, “we” or “us”), at Kaprova 14, Praha 1, Prague, Czech Republic, summarize below our Terms of Use to give an overview of the key terms that apply to your use of our website and trading services. While we hope this summary section is helpful, you must read the complete Terms of Use below SoldBull Trades since they provide important information about our services, our respective legal rights and obligations, and the risks involved in trading in cryptographic tokens.

Our Services

SolidBullTrades provides you with a simple and convenient way to trade one type of Digital Token for another type of Digital Token. SolidBullTrades provides you with a platform that matches your orders with open orders from other users of our Services. Users are not able to predetermine a trade with a particular user or with a particular account. Additionally, an order may be partially filled or may be filled by multiple matching orders. As of today, SolidBullTrades does not provide services for the trading of legal tender (“Fiat Currency”) for Digital Tokens or vice versa. SolidBullTrades does not provide services for the trading of one type of Fiat Currency for another type of Fiat Currency.

Eligibility and Acceptable Use

You must meet certain eligibility criteria to use SolidBullTrades’s services. You must be at least 18 years of age and there are certain locations from which you may not be able to use some or all of SolidBullTrades’s services. Other eligibility criteria may also apply. Additionally, there are certain things you cannot do when using SolidBullTrades’s services, such as engage in market misconduct or illegal activities, lie, or do anything that would cause damage to our services or systems. Please see Section 12 below on “Acceptable Use” for more details.

Trading Risks

Engaging in trades in cryptographic tokens may be highly risky. Please do not use SolidBullTrades’s services for trading in Digital Tokens if you do not understand these risks.

Other Important Legal Terms

There are important legal terms provided below in the complete Terms of Use, including your indemnification responsibilities, our limitation of liability and warranty disclaimers, and your agreement to arbitrate disputes. Please take the time to read these terms carefully. You can always contact us through SolidBullTrades Help Center if you have any questions.

Complete Terms of Use

These Terms of Use and any terms expressly incorporated herein (“Terms”) apply to your use of the website operated and maintained by SolidBullTrades (collectively, “SolidBullTrades”, “we”, or “us”), and the trading services provided by SolidBullTrades as described in these Terms (collectively, our “Services”).

1. Key Definitions

Capitalized terms not otherwise defined in these Terms will have the following meaning:

1.1.“External Account” means any Digital Token Account: (i) from which you may transfer Funds into your SolidBullTrades Account, and (ii) to which you may transfer Funds from your SolidBullTrades Account and which has been approved by SolidBullTrades for the foregoing purposes.

1.2.“Funds” means Digital Tokens.

1.3.“Fiat Currency” means any national currency.

1.4.“SolidBullTrades Account” means a user account accessible via the Services where Funds may be stored by SolidBullTrades on behalf of a user.

1.5.“SolidBullTrades Help Center” means SolidBullTrades’s customer service center with address at https://support.SolidBullTrades.plus/hc/en-us where you could get online support from SolidBullTrades.

1.6.“Digital Tokens” means Bitcoins, SolidBullTrades Tokens, Ripples and other digital mediums of exchange that may be purchased, sold or traded via the Services.

1.7.“Digital Token Account” means any Digital Token address or account owned or operated by you that is maintained outside of the Services, and is not owned, controlled or operated by SolidBullTrades.

2. Eligibility

2.1. SolidBullTrades may not make the Services available in all markets and jurisdictions, and may restrict or prohibit use of the Services from certain jurisdictions (“Restricted Locations”).

2.2. You further represent and warrant that you: (a) are at least 18 years old; (b) have not previously been suspended or removed from using our Services or other similar services provided by other parties; (c) have full power and authority to enter into these Terms and in doing so will not violate any other agreement to which you are a party; (d) using our platform in your own name and solely for your own benefit; (e) are not located in, under the jurisdiction of, or a national or resident of any Restricted Locations (as defined in Section 2.1 above); (f) will not use our Services if any applicable laws in your country prohibit you from doing so in accordance with these Terms; (g) are not a designated person under regulations issued pursuant to the lists of individuals or entities identified by the Security Council of the United Nations or the Committee as individuals or entities to whom or which apply the measures referred to in paragraph 8(d) of Resolution 1718 (2006)(including any such list as updated from time to time by the Security Council or the Committee, and made available on the Internet through the official United Nations website at http://www.un.org/) ; and (h) have read and understood these Terms and the Risk Disclosure Statement.

2.3. SolidBullTrades maintains an anti-money laundering, countering the financing of terrorism and know your customer compliance policy (the “AML/CFT Policy”). Pursuant to such policy, SolidBullTrades may, in its discretion, require identity verification and go through other screening procedures with respect to you or transactions associated with your SolidBullTrades Account. You agree and undertake to provide SolidBullTrades with any and all information and documents that SolidBullTrades may from time to time request or require for the purposes of these Terms or in connection with your SolidBullTrades Account (including, but not limited to, your name, address, telephone number, email address, date of birth, government-issued identification number, photograph of your government-issued identity card or document or other photographic proof of your identity, and information regarding your Digital Token Account). SolidBullTrades will have no liability or responsibility for any permanent or temporary inability to access or use any Services as a result of any identity verification or other screening procedures.

Further, pursuant to the AML/CFT Policy, SolidBullTrades may, in its discretion, carry out continuous monitoring of all SolidBullTrades Accounts. If any unusually large or unusual patterns of trades or any inexplicable or suspicious circumstances are observed, SolidBullTrades may, in its discretion, place an administrative hold on or freeze your SolidBullTrades Account. You agree that SolidBullTrades will have no liability or responsibility for any permanent or temporary inability to access or use any Service caused by such action.

2.4. Additionally, by agreeing to these terms you certify that you pursue participation in blockchain-based networks as a part of your professional activity and are familiar with digital tokens or cryptographic tokens and trading in them and the risks attached to them and their trading, including but not limited to the risks highlighted in the Risk Disclosure Statement.

3. SolidBullTrades Account

3.1. Number of SolidBullTrades Accounts. SolidBullTrades may, in its sole discretion, limit the number of SolidBullTrades Accounts that you may hold, maintain or acquire.

3.2. SolidBullTrades Account information and security. In order to engage in any trades via the Services, you must create a SolidBullTrades Account and provide any requested information. When you create a SolidBullTrades Account, you agree to: (a) create a strong password that you do not use for any other website or online service; (b) provide accurate, complete and truthful information; (c) maintain and promptly update your SolidBullTrades Account information; (d) maintain the security of your SolidBullTrades Account by protecting your password and restricting access to your SolidBullTrades Account; (e) promptly notify us if you discover or otherwise suspect any security breaches related to your SolidBullTrades Account; and (f) take responsibility for all activities that occur under your SolidBullTrades Account and accept all risks of any authorized or unauthorized access to your SolidBullTrades Account, to the maximum extent permitted by law.

3.3. You are solely responsible for doing all things and taking all actions necessary to monitor and secure your SolidBullTrades Account, and to enable or receive financial or other benefits made available to Digital Token holders.

3.4. You must not create security or any other collateral interest over the Funds in your SolidBullTrades Account except with our prior written consent.

4. Privacy Policy

Please refer to our Privacy Policy for information about how we collect, use and disclose your personal data.

5. General Obligations

This Section 5 applies to: (i) all trades completed via the Services, and (ii) any transaction in which you transfer Funds into your SolidBullTrades Account from your External Account or transfer Funds from your SolidBullTrades Account into an External Account.

5.1. Conditions and Restrictions. We may, at any time and in our sole discretion, refuse any trade submitted via the Services, impose limits on the trade amount permitted via the Services or impose any other conditions or restrictions upon your use of the Services without prior notice. For example, we may limit the number of open orders that you may establish via the Services or we may restrict trades from certain locations.

5.2. Accuracy of Information. You must provide any information required when creating a SolidBullTrades Account or when prompted by any screen displayed within the Services. You represent and warrant that any information you provide via the Services is accurate and complete.

5.3. Cancellations.

Cancellation of orders. You may only cancel an order initiated via the Services if such cancellation occurs before SolidBullTrades executes the transaction. Once your order has been executed, you may not change, withdraw or cancel your authorization for SolidBullTrades to complete such transaction. If an order has been partially filled, you may cancel the unfilled remainder. We may cancel your order in the following circumstances: (i) you have, in our view, engaged in market manipulation or abuse (as described in Section 12.1 below); (ii) your order under the circumstances involves an obvious error with respect to price, quantity or other parameters; (iii) your order would result in self-execution as described in Section 7.1 below;(iv) if required by any applicable law or regulation; and/or (v) if required for technical reasons, such as system maintenance and/or upgrade. Cancellation of trades. Subject to Section 7.7 below, in contrast to exchange orders, all trades are irreversible once initiated. While we may, at our sole discretion, reverse a trade in the case of Manifest Error or if required by any applicable law or regulation or under certain extraordinary conditions, a customer does not have a right to a reversal of a trade.

5.4. Trade License Verification for High Profit Accumulation. If you accumulate a profit of $500,000 or more without taking profits or engaging in excessive trading according to your current trading plan contract, or if you are on a lower-tier plan that is not VIP-like (such as the Platinum plan), you will be required to provide a trade license number to verify your VIP access to those funds.

5.5. Taxes. It is your responsibility to determine what, if any, taxes apply to the trades you complete via the Services, and it is your responsibility to report and remit the correct tax to the appropriate tax authority. You agree that SolidBullTrades is not responsible for determining whether taxes apply to your trades or for collecting, reporting, withholding or remitting any taxes arising from any trades.

5.6. Compliance with all applicable laws and regulations. You represent, warrant and undertake that you have and shall at all times comply with all applicable laws and regulations in all jurisdictions relevant to any Service provided or made available by us to you.

6. Fund Deposits and Withdrawals

Users are responsible for depositing and withdrawing funds to/from their account, however SolidBullTrades will provide clear instructions on how to do so.

6.1. Maximum withdraw limit on Basic and Silver plan is $200 monthly. You can't upgrade to a new plan from a silver plan with profits made from trades on basic and silver plan. And you can't go back to previous plan when you place a request. You need to deposit the minimum amount for the plan before it can be granted to you. And plan request can't be cancelled until after 60 days.

6.2. Maximum withdraw limit on GOLD plan is $500 monthly after 7 days of plan subscriptions and having at least 6 consecutive successful trades. Maximum withdraw limit on Diamond plan is $3000 monthly after 5 days of plan subscriptions and having at least 3 successful trades. All other plans like Platinum (VIP) has no limit in withdraw. Fees will be charged accordingly by our company depending on the blockchain network and from SEC. If trade account balance is more than $200,000 fees will be charged in accordance with SEC to process withdraw.

7. Account Monitoring and Reporting

SolidBullTrades will continuously monitor user accounts and provide users with a monthly dashboard with easy-to-understand portfolio and performance details.