Fynbos Arbitrage Terms of Service
1. Introduction
Welcome to Fynbos Arbitrage (Pty) Ltd ("Fynbos Arbitrage" ). By accessing or using our services, you agree to comply with and be bound by the following Terms of Service. Please read these terms carefully before using our service.
2. Services Overview
Fynbos Arbitrage provides a service for crypto arbitrage trading, allowing users to exploit price discrepancies between international and local crypto currency exchanges. Our services has been designed in order to enable an individual to profit between these price discrepancies.
3. Eligibility
You must meet certain eligibility criteria to use Fynbos Arbitrage’s services. By accessing and using our service, you confirm that you understand and agree to the following:
3.1 Age and Legal Capacity:
You must be at least 18 years old to use our services. By accessing our service, you represent and warrant that you have the legal capacity to enter into a contract, and you are not prohibited by any applicable laws from using our services.
3.2 Accurate Information:
When registering for an account with Fynbos Arbitrage, you agree to provide accurate, current, and complete information about yourself as prompted by our registration form. You also agree to maintain and promptly update this information to ensure its accuracy. Providing false or misleading information is a violation of our Terms of Service and may result in the suspension or termination of your account.
3.3 No Third-Party Use:
You may not use another person's account or provide false information to impersonate someone else. You are solely responsible for the activities that occur under your account, and you must keep your account credentials confidential.
3.4 Compliance with Applicable Laws:
By using our services, you confirm that you are complying with all applicable laws and regulations in your jurisdiction. It's your responsibility to ensure that your use of our service is legal and compliant with any local, national, or international laws that apply to you.
3.5 Limited Access for Restricted Individuals:
Our services are not intended for use by individuals or entities who are restricted or prohibited by law from engaging in crypto-related activities, including but not limited to sanctions imposed by governments. By accessing our service, you affirm that you are not subject to such restrictions.
3.6 Right to Refuse Service:
We reserve the right to refuse service, suspend accounts, or terminate access to our service at our sole discretion if we believe that a user's actions or eligibility status violate our Terms of Service or any applicable laws.
By using Fynbos Arbitrage’s services, you acknowledge and accept the eligibility requirements outlined above. It's important to adhere to these requirements to ensure a safe and compliant environment for all users of our service.
4. Risk Disclosure
By using our services, you acknowledge and understand the risks associated with crypto arbitrage trading, as outlined in our Risk Disclosure section. You understand that trading in cryptocurrencies involves market volatility, technology risks, and regulatory uncertainties that can lead to financial loss.
5. User Responsibilities
When using Fynbos Arbitrage's services, you agree to adhere to the following responsibilities and guidelines:
5.1 Accurate Information:
You agree to provide accurate, current, and complete information when registering for an account and using our services. This includes your personal information, contact details, and any other data required by our service. It's your responsibility to keep this information up to date.
5.2 Prohibited Activities:
You agree not to engage in any activities that are prohibited by law, violate our Terms of Service, or compromise the integrity of our service. Prohibited activities include, but are not limited to:
- Unauthorized access to our service;
- Use of our service for illegal purposes, including money laundering, fraud, or other criminal activities;
- Distribution of malware, viruses, or any harmful software.
- Harassment, abuse, or any form of harmful behaviour toward other users or our staff.
- Impersonation of Fynbos Arbitrage, its employees, or other users.
- Violation of intellectual property rights, including copying or distributing our content without permission.
5.3 Compliance with Laws:
You agree to comply with all applicable laws, regulations, and guidelines in your jurisdiction when using our services.
5.4 Ethical Use:
You agree to use our service ethically and responsibly. This includes:
- Respecting the rights and privacy of other users.
- Not engaging in any activities that could disrupt or harm the functioning of our service or its users.
- Not engaging in any activities that could negatively impact our reputation or that of our partners.
5.5 Professional Advice:
You understand that any information provided on our service, including educational content and trading tips, is for informational purposes only and does not constitute financial or investment advice. You are responsible for making your own informed decisions based on your individual circumstances and risk tolerance.
5.6 Reporting Violations:
If you become aware of any violations of our Terms of Service or suspicious activity on our service, you agree to report it to us promptly. Your cooperation helps maintain the integrity and security of our services.
5.7. Changes to Information:
You agree to promptly update your account information if any changes occur. This includes changes to your contact details, financial information, or any other information provided during account registration.
6. Trading and Transactions
By using Fynbos Arbitrage's services for crypto arbitrage trading, you agree to the following terms and guidelines related to trading and transactions:
6.1 Market Volatility:
You understand and acknowledge that the cryptocurrency market is known for its volatility. Prices of cryptocurrencies, as well as foreign exchange movements, can change rapidly and dramatically within short periods. The potential for substantial gains also comes with the risk of significant losses. You agree that Fynbos Arbitrage is not responsible for any losses incurred as a result of market volatility.
6.2 Execution of Trades:
While Fynbos Arbitrage facilitates the execution of arbitrage trades, the successful execution of trades depends on various factors, including market conditions, exchange performance, and market liquidity. We do not guarantee that all trades will be executed successfully or at the desired prices.
6.3 Trading Policies and Guidelines:
You agree to adhere to Fynbos Arbitrage’s trading policies and guidelines, which may include rules for specific trading pairs, order types, and trade sizes. These policies are designed to ensure fair and responsible trading practices on our service.
6.4 Transaction Fees:
Transactions conducted through Fynbos Arbitrage's service are subject to transaction fees. These fees are disclosed on the mandate you sign with us and are deducted from the trades executed on your behalf.
6.5 Order Placement and Execution:
You understand that using our service does not guarantee its immediate execution. Orders are executed based on the current market conditions and may be subject to delays or partial executions.
6.6 Third-Party Exchanges:
Fynbos Arbitrage facilitates trades across various cryptocurrency exchanges. You acknowledge that each exchange has its own set of rules, terms, and operational risks. The availability of trading pairs, liquidity, and order book depth can vary between exchanges.
6.7 No Investment Advice:
The information provided on our service, including trade signals, market analysis, and other content, is for informational purposes only and does not constitute financial or investment advice. You acknowledge that your trading decisions are your sole responsibility and should be made based on your own research, analysis, and risk tolerance.
6.8 Regulatory Compliance:
You agree to comply with all applicable laws and regulations related to cryptocurrency trading and financial transactions in your jurisdiction. Fynbos Arbitrage reserves the right to suspend or terminate your account if you engage in activities that violate any laws or regulations.
6.9 Past Performance:
Past performance of arbitrage strategies is not indicative of future results. The success of historical trades does not guarantee similar outcomes in the future due to changing market conditions and other factors.
7. Intellectual Property
Our service and all associated content, trademarks, and intellectual property remain the property of Fynbos Arbitrage.
You agree not to use, reproduce, modify, or distribute our content without our explicit written consent.
8. Privacy
Our Privacy Policy outlines how we collect, use, and protect your personal information.
By using our services, you consent to the collection and use of your information in accordance with our Privacy Policy.
9. Termination
By using Fynbos Arbitrage's services, you agree to comply with our Terms of Service. Failure to adhere to these terms may result in the suspension or termination of your account. Here are the details regarding account termination:
9.1 Suspension or Termination by Fynbos Arbitrage:
We reserve the right to suspend or terminate your account if we believe that you have violated our Terms of Service, engaged in prohibited activities, or posed a risk to the security or integrity of our service. Suspension or termination may occur with or without prior notice.
9.2 Account Closure by You:
You have the right to close your account and stop trading at any time. Closing your account means that you will no longer have access to our services, and any ongoing trades or pending transactions will be cancelled.
9.3 Effect of Termination or Closure:
Upon termination or closure of your account, you understand and acknowledge the following:
- Your access to service will be immediately revoked.
- Any ongoing or pending trades or transactions will be cancelled.
- You will remain responsible for any outstanding fees or charges associated with your account.
Fynbos Arbitrage will retain the right to retain any information related to your account and trading activities for record-keeping purposes and to comply with legal obligations.
9.4 Dispute Resolution:
If you believe that your account has been suspended or terminated in error, you may contact our support team to discuss the matter. We will make reasonable efforts to address and resolve any disputes.
9.5 Effect of Termination on Rights and Obligations:
Termination of your account will not affect any rights or obligations that are intended to survive termination, including but not limited to intellectual property rights, indemnification obligations, and limitations of liability.
9.6 Right to Refuse Future Access:
In cases where your account has been terminated, Fynbos Arbitrage reserves the right to refuse future access to our services, and you may not open a new account without our explicit permission.
10. Limitation of Liability
Fynbos Arbitrage will not be liable for any direct, indirect, incidental, consequential, or special damages arising from your use of our services.
11. Indemnification
You agree to indemnify and hold Fynbos Arbitrage harmless from any claims, damages, losses, liabilities, and expenses arising from your use of our services or violation of these terms.
12. Amendments
We may update or modify these Terms of Service from time to time. Any changes will be effective upon posting on our service.
Continued use of our services after changes to the terms implies your acceptance of the modified terms.
13. Governing Law
These Terms of Service are governed by the laws of South Africa.
14. Contact Us
If you have any questions about these Terms of Service, please contact us at apply@sbjfinance.co.za. Please see our website for further information in this regard.