Terms ofService
Table of Contents
Welcome to Odvartis Founded. These Terms of Service (“Terms”, “Agreement”) govern your access to and use of the Odvartis Founded platform, including our website, mobile applications, APIs, and all related services (collectively, the “Services”) operated by Odvartis Founded Limited (“Odvartis Founded”, “Company”, “we”, “us”, or “our”).
Please read these Terms carefully before using our Services. By accessing or using the Services, you agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, you may not access or use the Services.
1. Acceptance of Terms
By creating an account, accessing, or using our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms, as well as any additional terms, guidelines, and rules that may be posted on our platform from time to time.
If you are using the Services on behalf of an organization or entity, you represent and warrant that you have the authority to bind that organization to these Terms, and you agree to these Terms on behalf of that organization.
We reserve the right to modify these Terms at any time. We will notify you of any material changes by posting the updated Terms on our platform and updating the “Last Updated” date. Your continued use of the Services after such modifications constitutes your acceptance of the revised Terms.
2. Eligibility
To use our Services, you must:
- Be at least 18 years of age or the age of legal majority in your jurisdiction, whichever is higher;
- Have the legal capacity to enter into a binding agreement;
- Not be a resident of, or located in, any jurisdiction where the use of our Services would be prohibited by law;
- Not be subject to any economic sanctions, embargoes, or designated on any prohibited or restricted parties list;
- Not have been previously suspended or removed from our Services.
By using our Services, you represent and warrant that you meet all eligibility requirements. We reserve the right to verify your eligibility at any time and to refuse, suspend, or terminate your access if we determine that you do not meet these requirements.
3. Account Registration
To access certain features of our Services, you must create an account. When registering, you agree to:
- Provide accurate, current, and complete information during the registration process;
- Maintain and promptly update your account information to keep it accurate and complete;
- Maintain the security of your account credentials and not share them with any third party;
- Accept responsibility for all activities that occur under your account;
- Notify us immediately of any unauthorized use of your account or any other security breach.
Identity Verification: As part of our regulatory compliance obligations, we may require you to complete identity verification procedures (Know Your Customer or “KYC”) before accessing certain Services. This may include providing government-issued identification, proof of address, and other documentation as required.
We reserve the right to suspend or terminate your account if any information provided proves to be inaccurate, incomplete, or fraudulent.
4. Description of Services
Odvartis Founded provides a blockchain-based financial platform that enables users to:
- Buy, sell, and trade digital assets and cryptocurrencies;
- Access portfolio management and asset tracking tools;
- Execute domestic and international money transfers;
- Utilize investment and savings products;
- Access market data, analytics, and research tools.
Service Availability: We strive to maintain continuous availability of our Services but do not guarantee uninterrupted access. Services may be temporarily unavailable due to maintenance, updates, or circumstances beyond our control.
Third-Party Services: Our Services may integrate with or provide access to third-party services. Your use of such third-party services is subject to their respective terms and conditions, and we are not responsible for their availability, accuracy, or content.
5. User Responsibilities
As a user of our Services, you are responsible for:
- Complying with all applicable laws, regulations, and these Terms;
- Maintaining the confidentiality and security of your account credentials;
- Ensuring that all transactions conducted through your account are authorized by you;
- Reviewing and understanding the risks associated with digital asset transactions;
- Maintaining appropriate records for tax reporting and compliance purposes;
- Using the Services only for lawful purposes and in accordance with these Terms;
- Ensuring that funds used on our platform are from legitimate sources.
6. Prohibited Activities
You agree not to engage in any of the following prohibited activities:
- Using the Services for any illegal purpose, including money laundering, terrorist financing, or fraud;
- Violating any applicable laws, regulations, or third-party rights;
- Providing false, inaccurate, or misleading information;
- Manipulating markets or engaging in market abuse, including wash trading or spoofing;
- Using automated systems, bots, or scripts to access the Services without our express permission;
- Attempting to gain unauthorized access to our systems, other users' accounts, or data;
- Interfering with or disrupting the integrity or performance of the Services;
- Circumventing any security measures or access controls;
- Transmitting viruses, malware, or other harmful code;
- Engaging in any activity that could damage, disable, or impair our Services;
- Using the Services to facilitate transactions involving proceeds of crime.
We reserve the right to investigate and take appropriate action against anyone who violates these prohibitions, including suspending or terminating accounts and reporting violations to law enforcement authorities.
7. Intellectual Property
All content, features, and functionality of the Services, including but not limited to text, graphics, logos, icons, images, audio clips, software, and the compilation thereof, are the exclusive property of Odvartis Founded or its licensors and are protected by international copyright, trademark, patent, trade secret, and other intellectual property laws.
Limited License: Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Services for your personal or internal business purposes.
Restrictions: You may not:
- Copy, modify, distribute, sell, or lease any part of our Services;
- Reverse engineer or attempt to extract the source code of our software;
- Remove any copyright, trademark, or other proprietary notices;
- Use our trademarks, logos, or brand elements without our prior written consent.
8. Fees and Payments
Fee Structure: We charge fees for certain Services, including trading fees, withdrawal fees, and other transaction-related fees. Our current fee schedule is available on our platform and may be updated from time to time. You agree to pay all applicable fees associated with your use of the Services.
Fee Changes: We reserve the right to modify our fees at any time. We will provide reasonable notice of any fee changes, and your continued use of the Services after such changes constitutes your acceptance of the new fees.
Payment Authorization: By initiating a transaction, you authorize us to deduct all applicable fees from your account. All fees are non-refundable unless otherwise stated or required by law.
Taxes: You are solely responsible for determining and paying any taxes applicable to your transactions and use of the Services. We may be required to report certain information to tax authorities as mandated by law.
9. Risk Disclosure
⚠️ Important Risk Warning
Digital assets and cryptocurrency trading involve significant risks. You could lose some or all of your invested capital. Past performance is not indicative of future results.
By using our Services, you acknowledge and accept the following risks:
- Market Risk: The value of digital assets is highly volatile and can fluctuate significantly in short periods. You may experience substantial losses.
- Liquidity Risk: Certain digital assets may have limited liquidity, making it difficult to buy or sell at desired prices.
- Regulatory Risk: The regulatory environment for digital assets is evolving. Changes in laws or regulations may adversely affect the value, availability, or legality of certain assets or services.
- Technology Risk: Digital assets rely on blockchain technology, which may be subject to technical failures, cyberattacks, or other disruptions.
- Operational Risk: Our platform may experience downtime, errors, or security breaches that could affect your ability to transact or result in loss of funds.
- Counterparty Risk: Transactions with third parties carry the risk that the counterparty may fail to fulfill their obligations.
You should only invest funds that you can afford to lose. We strongly recommend that you seek independent financial, legal, and tax advice before making any investment decisions.
10. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ODVARTIS FOUNDED AND ITS DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, AND AFFILIATES SHALL NOT BE LIABLE FOR:
- Any indirect, incidental, special, consequential, or punitive damages;
- Any loss of profits, revenue, data, or business opportunities;
- Any losses arising from market fluctuations or volatility;
- Any losses resulting from unauthorized access to your account;
- Any losses caused by factors beyond our reasonable control;
- Any damages arising from your reliance on information provided through the Services.
IN NO EVENT SHALL OUR TOTAL LIABILITY TO YOU FOR ALL CLAIMS ARISING FROM OR RELATED TO THESE TERMS OR THE SERVICES EXCEED THE GREATER OF (A) THE FEES PAID BY YOU TO US IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR (B) ONE HUNDRED EUROS (EUR €100).
Some jurisdictions do not allow the exclusion or limitation of certain damages. If these laws apply to you, some or all of the above exclusions or limitations may not apply, and you may have additional rights.
11. Indemnification
You agree to indemnify, defend, and hold harmless Odvartis Founded and its directors, officers, employees, agents, affiliates, successors, and assigns from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to:
- Your use of the Services;
- Your violation of these Terms;
- Your violation of any applicable laws or regulations;
- Your violation of any third-party rights;
- Any content or information you submit through the Services;
- Any disputes between you and other users of the Services.
12. Termination
Termination by You: You may terminate your account at any time by contacting our support team. Before termination, you must withdraw all funds and close any open positions. Outstanding fees and obligations will remain due.
Termination by Us: We reserve the right to suspend or terminate your account and access to the Services at any time, with or without cause, including but not limited to:
- Violation of these Terms or any applicable laws;
- Suspected fraudulent, abusive, or illegal activity;
- Requests by law enforcement or government agencies;
- Extended periods of inactivity;
- Technical or security issues;
- Discontinuation of the Services.
Effect of Termination: Upon termination, your right to use the Services will immediately cease. We may retain your data as required by law or for legitimate business purposes. Sections of these Terms that by their nature should survive termination shall survive, including intellectual property, limitation of liability, indemnification, and dispute resolution.
13. Dispute Resolution
Informal Resolution: Before initiating any formal dispute resolution proceedings, you agree to first contact us and attempt to resolve any dispute informally. We will make good faith efforts to resolve any issues within thirty (30) days.
Arbitration: Any dispute, controversy, or claim arising out of or relating to these Terms, or the breach, termination, or validity thereof, that cannot be resolved informally shall be finally settled by binding arbitration administered by the London Court of International Arbitration (LCIA) in accordance with its rules.
Class Action Waiver: YOU AND ODVARTIS FOUNDED AGREE THAT ANY CLAIMS WILL BE RESOLVED ON AN INDIVIDUAL BASIS AND NOT AS A CLASS ACTION, CLASS ARBITRATION, OR ANY OTHER REPRESENTATIVE PROCEEDING.
Exceptions: Notwithstanding the foregoing, either party may seek injunctive or other equitable relief in any court of competent jurisdiction to prevent the actual or threatened infringement of intellectual property rights.
14. Governing Law
These Terms and any dispute arising out of or related to these Terms or the Services shall be governed by and construed in accordance with the laws of England and Wales, without regard to its conflict of law principles.
Subject to the arbitration provisions above, you agree to submit to the exclusive jurisdiction of the courts of England and Wales for any actions or proceedings not subject to arbitration.
15. Changes to Terms
We reserve the right to modify these Terms at any time at our sole discretion. When we make material changes, we will:
- Update the “Last Updated” date at the top of these Terms;
- Notify you via email or through a prominent notice on our platform;
- Provide at least thirty (30) days' notice before material changes take effect, where practical.
Your continued use of the Services after the effective date of any changes constitutes your acceptance of the revised Terms. If you do not agree to the changes, you must stop using the Services and close your account.
16. Contact Information
If you have any questions, concerns, or complaints about these Terms or the Services, please contact us at:
Odvartis Founded Ltd
71 Queen Victoria Street
London EC4V 4AY
United Kingdom
Email: legal@odvartis.com
Support: support@odvartis.com
By using the Odvartis Founded platform, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service. If you have any questions, please contact us before using our Services.