1. Introduction

This document (hereinafter – T&C) constitutes an official public offer of Cryptology Key OÜ, a company registered and existing under the law of Estonia, which provides services to you under the brand Key Funding (hereinafter – KF, or us) to conclude a legally binding bargain on the terms and conditions provided below between you, (a) user of this website and/or (b) client of our services (in case if you purchase and consume them), and us.

You are under no obligation to use the Services if you do not agree or understand any portion of the T&C, nor should you use the Services unless you understand and agree to the T&C.

These T&C envisage:

(a) terms of use of the services and accompanying products (if any) (hereinafter cumulatively and without further breakdown – Services, but individually – Service), which we offer (except those services, which are provisioned under the separate written agreement – and we address such issue specifically); and

(b) terms of use the content, accompanying or related to the provision of Services.

Please note, that if no separate written agreement or arrangement was concluded with you, your actual bargain with the CK shall always include at least those terms and conditions, which are provisioned by this T&C (where appropriate referred to as General Terms).

For your convenience and understanding, the part of the website designated for interaction with the user (via respective interface) constitutes client section of the website (hereinafter – Client Section). The part of the website designated for demo trading activities represented by electronic interface provided by a third party constitutes a trading platform section of the website (hereinafter – the Trading Platform).

Additionally, the website itself (as a whole) and all the Services, including the Client Section, their appearance and all applications, data, information, multimedia elements such as texts, drawings, graphics, design, icons, images, audio and video samples and other content that may form the website and the Services constitutes our content (hereinafter – the Content).

Please, also note that calendar day under these T&C means the period from midnight to midnight of the time in Estonia (Eastern European Time, EET).

2. Eligibility, disclaimers on Services

2.1. By registering on our website (or where registration is not required, not later than your first use of the Services), you are entering into a bargain with us, the subject of which is the provision of the Services of your choice.

These T&C is an integral part of such a bargain and, by executing the contract with us, you express your full and unconditional consent to be bind by these T&C.

2.2. The Services are only intended for natural persons who reached age of full legal capacity, 18 years or higher (depending on the applicable law of country of residence), for which our Services are available. By registering on the website, you confirm that you are 18 years of age, or older. If you are under the age of full legal capacity, you may not use the Services under any circumstances.

You undertake to access the Services solely from one of the countries for which the Services are available. You acknowledge that your access to and use of the Services may be restricted or prohibited by law in some countries, and you undertake to only access and use the Services in accordance with the applicable laws.

2.3. We do not provide Services to the potential users of the Services, who (i) are of nationality, or are residing, in Restricted Jurisdictions, (ii) own assets, conduct business, or pay taxes in Restricted Jurisdictions, (iii) are subject to the relevant international sanctions, or (iv) have a criminal record related to financial crime or terrorism.

Restricted Jurisdictions means countries determined as such by us and published here on the website. We reserve for ourself the right to refuse, restrict or terminate the provision of any Services to any potential user or Client (if we discover violation during the provision of Services to such person) under this clause 1.4. and such person shall be prohibited to use the Services as a whole or in any part.

Any other, de facto permitted, user of the Services is deemed to be our client bound by his/her bargain effectively concluded with us (hereinafter – the Client).

2.4. The Services consist of the provision of tools for simulated financial, digital assets and other instruments trading, provision of analytical tools, training and educational materials, the access to the Client Section, and other ancillary services, in particular through the Client Section or by the provision of access to applications provided by the Provider or third parties.

Financial market information is used in the simulated trading only, as a source of information; however, it shall be stressed out, that any simulated trading that you perform through the Services is not real, meaning that no impact on real world results through use of the Services.

You also acknowledge that the “funds” (parenthesis added for the purpose of mockery meaning) provided to you for the demo trading are fictitious and that you have no right to possess due to the lack of the object, and such fictitious funds serve only the purpose of the Services provision, but not beyond. Moreover, such funds mat not be used for actual trading, and you are not entitled to the payment of those funds. We call such funds an initial capital, which is a fictitious amount that the you choose when selecting the type of the Services, and which you shall use to perform demo trading.

Unless expressly agreed otherwise via appropriate instrument, you shall not be paid any remuneration, or profits, based on the results of your simulated trading, nor shall you be required to pay for any losses.

2.5. None of the Services provided to you shall be considered as investment services in accordance with the applicable laws. We do not give, or provide to, you any guidance, instructions, or information about how, or in which manner, you should perform transactions when using the Services or otherwise, or any other similar information about the investment tools traded, nor does we accept any such guidance, instructions, or information from you.

None of the Services constitute investment advice or recommendations. Our employees, staff, contractors, or representatives are not authorized to provide investment advice or recommendations to you under any circumstances.

2.6. Your personal data is processed in accordance with the Privacy Policy, and the gathering of the technical information about your interaction (use) of our website is performed in accordance with the Cookies Policy.

3. Services in a nutshell

3.1. You can order the Services through the website by completing the appropriate registration or order form. After registration, we will e-mail you the login details for the Client Section and/or Trading Platform and allow you to access them.

2.2. The Services include, among other things, the Challenge and Verification products, these types of the Service may differ substantially (e.g., by availability of analytical tools). Please note that specific information on each type of the Services is available on the relevant webpage of our website specifically dedicated to such topic. Additionally, you may check the “FAQ” section of our website, where most issues and questions about the Services and our mechanics of activities are addressed.

2.3. All of the data which you provide to us through the process of registration/order form, the relevant section of the website, or otherwise must be complete, true, and up to date. You must immediately notify us of any change in your data or update the data via appropriate means of communication.

You are responsible for all the provided data being accurate and up to date, and we are not obligated to verify the data.

2.4. You acknowledge that if you provide an identification number, tax registration number or other similar information in the registration or order form, the relevant section of the website, or otherwise, or if you state that you are a legal entity, you will be considered as an entrepreneur (trader) for the purposes of these T&C and when using the Services, and the provisions of these T&C or the applicable law that grant rights to consumers will not apply to you.

2.5. The fee for the Services varies according to the option selected and depends on the amount of the initial capital, the degree of the acceptable risk, the parameters that must be fulfilled so that the conditions of the Services and the subsequent Verification are met, and possibly other configurations.

More detailed information on individual options and fees for those options are provided on our website. The fee to-be-paid will be determined based on the option you select when completing the form for ordering the Services.

We reserve for ourself the right to also provide the Services under separate conditions, which constitutes Special Terms. Such conditions shall be determined by us at our own discretion. Individual discounts and/or other benefits may not be combined, unless expressly stipulated otherwise by us.

2.6. The fees are paid for allowing you to access the Services. You are not entitled to a refund of the fees, for example, (a) if you cancel/cease use of the Services/website, or (b) request cancellation via appropriate means of communications, (c) if you terminate use of the Services or the bargain itself, (d) you fail to meet the conditions of the Services or the Verification, or (e) you violate these T&C. This list is non-exhaustive, and other reasons might be considered in refusing to refund you the fees paid for access to the Services.

2.7. If you lodge an unjustifiable complaint regarding the fees paid, or dispute the fees paid with your bank or payment service provider (e.g. through chargeback services, dispute services, or other similar services), on the basis of which an annulment, cancellation or refund of the fee or any part thereof is requested, we are entitled, at our own discretion, to stop provision of any Services to you, and refuse any future provision of the Services.

2.8. Your choice of the type of the Services, which you select when making an order, shall also apply to the subsequent Verification. You will start the subsequent Verification and, possibly, other products related thereto, with the parameters and the same currency that correspond to the option of the Services selected by you. Once you make a selection, it is not possible to change it. If you are ordering Services anew, the restrictions specified above will not apply.

2.9. We reserve for ourself the right to unilaterally change the fees and parameters of the Services at any time, including the parameters for their successful completion. The change does not affect the Services purchased before the change is notified.

2.10. Any data entered in the order form can be checked, corrected, and amended until the order of the Services becomes binding. The order of the Services of your choice is made by submitting the order form. As soon as we get it, we have to immediately confirm the receipt of your order to your e-mail address.

In the case of the paid Services, the order is completed upon the payment of the fees due for the selected type of the Services, whereby the bargain between us is duly concluded via constructive actions, where the subject of said bargain is the provision of selected type of Services. The contract is concluded in English.

2.11. You acknowledge that in order to use our Services, you must obtain the appropriate technical equipment and software, including third-party software (e.g., software for the use of the Trading Platform), at your own risk and expense. The website is accessible from the most commonly used web browsers. The internet access, purchase of the equipment, and purchase of the web browser and its updates are at your own risk and expense. We explicitly address that no warrant or guarantee that the Services will be compatible with any specific equipment or software applies.

2.12. We represent, and you acknowledge, that the operators (providers) of trading platforms are other persons/entities, which are not connected or affiliated with us, and that their own terms and conditions and privacy policies shall apply to your use of their services and products. Before sending an order form, you are obligated to familiarize yourself with those terms and conditions and privacy policies.

2.13. If the Client places an unusually large number of orders for the Services within an unreasonably short period of time, we may notify you on such through the Client Section as a protective precaution to mitigate your potentially harmful behavior. If such unreasonable behavior continuous after such notice, we reserve the right to suspend you of opportunity to request further orders of the Services. If we identify that the unusual behavior relates to your involvement in Forbidden Trading Practices, we may take respective actions as provided in these T&C. We reserve for ourself the right to determine, at our own discretion, the nature of the behavior described above and reasonable boundaries for such determination. However, we commit not to abuse our discretion and act as reasonably, as possible.

3. Payment terms

3.1. The currency of the price for our Services is EUR. However, the fees may be paid either in EUR, or in other currencies, which our payment system provider allows [that are listed on the website].

If you select any other currency than EUR, the amount of the fee subject to payment for the selected option of the Services shall be converted by our rates and it will automatically display your payment total in your chosen currency, so you know how much you are paying before you confirm the order.

You acknowledge that if the payment is made in a currency other than you have chosen on the website, the amount will be converted according to the current exchange rates valid at the time of payment.

3.2. Services charges are inclusive of all taxes, which shall be envisaged to you during the process of the payment of the fees for our Services.

3.3. You can pay due fees for the selected type of the Services via payment (debt or credit) card, bank transfer, or using other means of payment that we currently offer through our payment system provider.

3.4. In the event of payment by a payment (debt or credit) card, or via any other payment method, the payment shall be made immediately (instantly). If you select a bank transfer for payment, we will subsequently send you a proforma invoice in electronic form with the amount of the fee for the option of the Services you have chosen on the website.

You undertake to pay the amount within the period specified in the proforma invoice. The fee is considered paid when its full amount is credited to our account. If you do not pay the amount on time, we are entitled to cancel your order.

You bear all fees charged to you by the selected payment service provider (according to the valid pricelist of the payment service provider) in connection with the transaction and it is your obligation to ensure that the respective fees for the chosen type of the Services is paid in full, or otherwise we shall not commence with the Services provision to you.

4. Client section and trading platform

4.1. Only one Client Section is permitted per Client and all of the Client’s Services must be maintained in the Client Section.

4.2. The total number of the Services and Verifications per one Client Section may be limited depending on the total sum of the initial capital amounts of the products ordered by the Client or on the basis of other parameters. Unless we grant an exception to the particular Client, the initial capital amounts may not be transferred between the individual products or mutually combined. You may also not transfer or combine your performance, Service parameters, data, or any other information between the products.

4.3. Access to the Client Section and Trading Platform is protected by login data, which you may not make available, or share with, any third party.

You are responsible for all activities that are performed through the Client’s Client Section or Trading Platform. We bear no responsibility, and you are not entitled to any compensation, for any misuse of the Client Section, Trading Platform, or any part of the Services, nor we are not responsible for any negative consequences thereof to you, if such misuse occurs for any reasons on your side.

4.4. You acknowledge that the Services may not be available 24/7, particularly considering necessity to conduct maintenance works, provide upgrades, or any other reasonable actions.

Moreover, we bear no responsibility, and you are not entitled to any compensation, for the unavailability of the Client Section or Trading Platform and for damage or loss of any data or other content that Client uploads, transfers or saves through the Client Section or Trading Platform.

4.5. You may request the cancellation of the Client Section by sending an e-mail to [support@cryptology.company] at any time suitable for you. Sending a request for the cancellation of the Client Section is considered as your request for termination of the bargain, when you, as a consequence, shall be no longer entitled to use the Services, including the Client Section and Trading Platform.

We will immediately confirm the receipt of the request to you by e-mail, whereby the contractual relationship between the us shall be terminated therefore. In such a case, you are not entitled to any refund of the fees already paid or costs otherwise incurred.

5. Rules of demo trading

5.1. During the demo trading on the Trading Platform, you may perform any transactions, unless such constitute forbidden trading strategies or practices within the meaning of this section.

You also agree to follow good market standards (rules and practices) for trading on financial markets (e.g., risk management rules), even considering the mock nature of the activities you shall perform during use of the Services. Restrictions may also be imposed by the trading conditions of the Trading Platform that you have selected for trading (if multiple choice is applicable).

5.2. You acknowledge that we have access to information, and, in some specific cases, control over the demo trades, which you perform on the Trading Platform.

With this you provide us with your consent to share this information with persons/entities, which are affiliated, connected, controlled, or have a relevant bargain with us, and you therefore grant us, and these persons/entities consequently, your consent and authorization to handle this information to our discretion.

You agree that these activities may be performed automatically without any further consent, consultation, or approval on your part being necessary, and that you are not entitled to any remuneration or revenue associated with our use of such data.

We shall treat any of your actions and efforts as a training exercise, which means that you do not provide us with any investment advice or recommendations through your demo trading.

Also, you acknowledge that you may suspend your demo trading on the Trading Platform at any time.

5.3. We bear no responsibility for the information displayed on the Trading Platform, nor for any interruption of, or delay or inaccuracy in the market information displayed through your Client Section.

5.4. With this T&C we impose certain restrictions on your activities, related to the use of the Services, designated as forbidden trading practices.

5.4.1. Thus, during the demo trading, it is prohibited to:

(a) knowingly or unknowingly use trading strategies that exploit errors in the services such as errors in display of prices or delay in their update;

(b) perform trades using an external or slow data feed;

(c) perform, alone or in concert with any other persons, including between connected accounts, or accounts held with our affiliates, trades or combinations of trades the purpose of which is to manipulate trading, for example by simultaneously entering into opposite positions;

(d) perform trades in contradiction with these T&C;

(e) use any software, artificial intelligence, ultra-high speed, or mass data entry which might manipulate, abuse, or give you an unfair advantage when using our systems or services;

(f) perform gap trading by opening trade(s):

(i) when major global news, macroeconomic event or corporate reports or earnings (hereinafter collectively – the Events), that might affect the relevant financial market (i.e. market that allows trading of financial instruments that might be affected by the Events), are scheduled; and

(ii) 2 hours or less before a relevant financial market is closed for 2 hours or longer.; or

(g) otherwise perform trades in contradiction with how trading is actually performed in the relevant market or in any other financial market, or in a way that establishes justified concerns that the provider might suffer financial or other harm as a result of the Client’s activities (e.g. overleveraging, overexposure, one-sided bets, account rolling).

5.4.2. You understand and agree that all our Services are intended only for the personal use, meaning that only you personally can have access to the purchased Services, Verification accounts, and perform trades. For that reason, you should not, and you agree not to:

(a) allow access to and trading during provision of the Services to you, as well to Verification accounts, by any third party nor you shall engage or cooperate with any third party in order to have such third party perform trades for you, whether such third party is a private person or a professional;

(b) access any third-party during provision of the Services to you, as well as to Verification accounts, trade on behalf of any third party or perform any account management or similar services, where you agree to trade, operate or manage actions during provision of the Services, or during access to Verification accounts on behalf of another user, all whether performed as a professional or otherwise. Please note that if you act or behave in contradiction with the aforesaid, we will consider such action/behavior as a forbidden trading practice with respective consequences as perceived under these T&C.

5.4.3. Furthermore, you shall not exploit the Services by performing trades without applying market standard risk management rules for trading on financial markets, this includes, among others, the following practices:

(i) opening substantially larger position sizes compared to Client’s other trades, whether on this or any other Client’s account; or

(ii) opening substantially smaller or larger number of positions compared to Client’s other trades, whether on this or any other Client’s account.

We reserve for ourself the right to determine, at its own discretion, whether certain trades, practices, strategies, or situations are forbidden trading practices.

5.5. If you engage in any of the forbidden trading practices, described above, here are the scenarios:

(i) we may consider it as a failure to meet the conditions of the particular Challenge or Verification;

(ii) we may remove the transactions that violate the prohibition from your trading history and/or not count their results in the profits and/or losses achieved by the demo trading;

(iii) we may immediately cancel all Services provided to you and subsequently terminate our bargain; or

(iv) we may reduce the offered leverage on products to any ration (subject of our discretion) on any or all Client’s accounts.

5.6. In case when some or all forbidden trading practices are executed on one or more Services and Verification accounts of one Client, or accounts of various Clients, or by combining trading through Services and Verification accounts and Trader accounts, then we are entitled to cancel all Services and terminate all respective contracts related to any and all Client’s Services and Verification accounts and/or apply other measures provided by these T&C. For avoidance of any doubts, we may exercise any and all actions at our own discretion.

5.7. If any Trader accounts were used for, or were involved in the forbidden trading practices, this may and will constitute a breach of respective terms and conditions for Trader account with third-party provider and may result in cancellation of all such user accounts and termination of respective agreements by the third-party provider.

5.8. If you are engaged in any of the forbidden trading practices described above, and we have previously notified you about such, then we may prevent you from accessing all of the Services, or their parts, including access to the Client Section and Trading Platform, without any repercussions to us, including compensation/return of the fees paid for the Services to you.

5.9. We shall not bear any responsibility for trading or other investment activities performed by you outside the relationship with us, e.g., by using data or other information from the Client Section, Trading Platform, or any information otherwise related to the Services in real trading on financial markets, notwithstanding if you have used the same Trading Platform for the trading activity for real.

5.10. In any case, serving as a warning on trading activity for real – please note, that developments in financial markets are subject to frequent and abrupt changes, and, thus, trading on financial markets may not be profitable and can lead to significant financial losses. Any previous performances and profits of your demo trading may not have the same effect on the trading activity for real.

6. The services

6.1. After paying applicable fees for the selected type of the Services, you shall receive the relevant login data for the Trading Platform to the previously provided e-mail address, or in the Client Section. The activation of the selected Services is performed by your opening of the first demo trade in the Trading Platform.

Please note that, where we refer to the terms “Challenge” and “Verification”, we mean trading accounts related to trading education courses provided as a type of the Services.

6.2. With opening of the first demo trade, you expressly demand us to provide you with the Services as a complete and full complex of actions.

Please note very important information – if you do not activate the selected Services within 30 calendar days of the date on which it was made available to you, your access to it shall be suspended, and the bargain with you shall be treated as paused in its performance.

You can request the renewal of access via the Client Section or by sending an e-mail to [support@cryptology.company] within 6 months of the initial suspension, otherwise we will terminate the provision of the services, please note that refund is not applicable under any circumstances – your inactivity serves as a constructive waiver of any and all rights to claim refund.

6.3. We provide either (a) one-phased Challenge, or (b) two-phased Challenge with mandatory internal (meaning, inhouse algorithmic, with or without human interaction) verification of the results. The essence of the Challenge is to meet the conditions specified in trading rules, which you shall become familiar, and which you agree to, upon commencement of the respective Challenge.

Note, that the trading rules for a certain type of Services may wary from the below mentioned, and that such rules prevail over the general rules.

In general, for you to meet certain conditions of the Challenge, you have to fulfil all of the following parameters at the same time:

(i) you have opened at least one demo trade on at least _ different calendar days;

(ii) in the course of none of the calendar days during the Services provision did you report a loss on any demo trades opened and closed on that day, which would exceed the percentage of the initial capital for the respective type of Services as described below:

[_____________ 1 in total _% of the initial capital;

...]

(iii) at no time during the Services provision you did report a loss on any opened and closed demo transactions, which would exceed in total the percentage of the initial capital for the respective option as described below:

[_____________ 1 in total _% of the initial capital;

...]

(iv) you are in a total profit on all closed demo trades amounting to at least the percentage of the initial capital for the respective option as described below:

[_____________ 1 in total _% of the initial capital;

...]

The above parameters are explained in more details in description of the respective Service on our website.

6.3. If you have met the conditions of the certain type of Services specified above, and at the same time has not violated these T&C, in particular the rules of demo trading, and internal verification of your Challenge results was successful, then we shall issue our recommendation on a candidacy for the Trader Program to you via appropriate means of communication.

6.4. Please note, that the recommendation of you as a candidate for the Trader Program is in no way a guarantee of your acceptance into the Trader Program. Your rejection to be accepted to the Trader Program shall have no repercussions to us, notwithstanding the reason of such.

7. Trader program

7.1. If you are successful in both the Challenge and Verification, you may be offered a written agreement by a respective person (offeree), in its sole discretion, to participate in the KF Trader Program. The terms, conditions, and the bargain between you and an offeree are guided solely by the relevant agreement.

7.2. If the offeree is any person, other than Cryptology Key OÜ, then the latter is in no way involved with the Trader Program agreement, or lack thereof, executed between you and the offeree.

7.3. You acknowledge that your personal data may be shared with the offeree only for the purposes of conclusion of such an agreement.

7.4. In case if you conclude the abovementioned agreement, you shall be provided with the “Trader account”, which, when referred, means a trading account related to the KF Trader program provided by an offeree.

8. Use of the website, services and other content

8.1. The website and all of the Services, including the Client Section, their appearance and all applications, data, information, visual elements (such as texts, drawings, graphics, design, icons, images, audio and video samples), as well as any other content that may form the website and the Services (collectively as the “Content”), are subject to legal protection pursuant to copyright laws and other legal regulations and generally constitutes our property, or property of our licensors (collectively hereinafter – the “Owners”).

With these T&C we grant you a limited, non-exclusive, non-transferable, non-assignable, non-passable, and revocable permission (license) to use the Content for the purpose of using the Services for your personal use and in accordance with the purpose for which the Services are provided. The Content is not sold or otherwise transferred to you and remains property of the Owners

8.2. All trademarks, logos, trade names, and other designations are the property of the Owners, and the Owners do not grant you any authorization to use them.

8.3. We both undertake to act in accordance with the principles of fair dealing in the performance of the bargain and in mutual negotiations and, in particular, not to damage the good reputation and legitimate interests of each other in due course of our relations.

We shall resolve any possible disagreements or disputes between us in accordance with these T&C and the applicable law.

8.4. Except for the rights expressly set out in these T&C, we do not grant you any other rights relating to the Services and the Content. You may only use the Services and Content as provided herein.

8.5. When accessing the Services and the Content, the following is prohibited:

8.5.1. to use any tools that may adversely affect the operation of the website and Services or that would be intended to take advantage of errors, bugs or other deficiencies of the website and Services;

8.5.2. to circumvent geographical restrictions of availability or any other technical restrictions;

8.5.3. to make copies or back-ups of the website and other Content;

8.5.4. to reverse-engineer, decompile, disassemble or otherwise modify the website and other Content;

8.5.5. to sell, rent, lend, license, distribute, reproduce, spread, stream, broadcast or use the Services or other Content otherwise than as permitted;

8.5.6. to use automated means to view, display or collect information available through the website or Services; and

8.5.7. to use any other tools or means the use of which could cause any damage to us.

9. Disclaimer

9.1. You acknowledge that the Services and other content are provided “as is” with all their errors, defects and shortcomings, and that their use is at your sole responsibility and risk. To the maximum extent permitted by the mandatory laws, the provider disclaims any statutory, contractual, express, and implied warranties of any kind, including any warranty of quality, merchantability, fitness for a particular purpose, or noninfringement of any rights.

9.2. To the extent permitted by the mandatory provisions of the applicable laws, the we are not responsible for any harm, including any indirect, incidental, special, punitive or consequential damages, including lost profit, loss of data, personal or other non-monetary harm or property damage caused as a result of use of the services or reliance on any tool, functionality, information or any other content available in connection with the use of the services or elsewhere on the website.

We are not responsible for any products, services, applications or other third-party content that the Client uses in connection with the services. In case if liability is inferred on us in connection with the operation of the website or provision of the services by a court of justice or any other competent authority, this liability shall be limited to the amount corresponding to the fee paid by you for the Services in connection with which the loss was incurred.

9.3. We reserve for ourself the right to modify, change, replace, add, or remove any elements and functions of the Services at any time without any compensation.

9.4. We shall not be responsible for the failure to provide the purchased Services if such failure occurs due to serious technical or operational reasons beyond our control, in the case of any crisis or imminent crisis, natural disaster, war, insurrection, pandemic, a threat to a large number of people or other force majeure events, and/or if the we are prevented from providing the Services as a result of any obligations imposed by law or a decision of a public authority (hereinafter – the “Force Majeure”).

10. Violation of these T&C

10.1. If you violate any provision of these T&C in a manner that may cause any harm to us, in particular, if your accesses of the Services is in conflict with one or several of the clauses, we may prevent you from ordering any other Services, and completely or partially restrict you access to all, or only some, Services, including access to the Client Section and Trading Platform, without any prior notice and without any compensation due to such in any form.

11. Right to withdraw from a bargain

[11.1. You have the right to withdraw from a bargain with, or without cause, within __ days after. Please note that if you start performing demo trades before the expiry of the specified time limit, you lose your right to withdraw from the bargain.

11.2. Your withdrawal from the bargain must be sent to our e-mail address [support@cryptology.company] within the specified time limit. You can use the template form available here to withdraw. We will confirm the receipt of the form to you in text form without undue delay. If you withdraw from the contract, we shall refund you without undue delay (no later than 14 days after your withdrawal from the contract) all fees we have received from you, in the same way in which you paid them.]

12.3. We are entitled to withdraw from the bargain in the case if any breach, specified in these T&C, specifically – section 10, on your side occurs. The withdrawal has effect from the day of its delivery to your e-mail address or delivery in the Client Section.

13. Defective performances

13.1. If the Services do not correspond to what was agreed or have not been provided to you, you can exercise your rights from defective performance. The Provider does not provide any guarantee for the quality of the Services. You must notify us of the defect without undue delay at our e-mail address or at our address provided herein.

When exercising the rights from defective performance, you may request that we remedy the defect or provide you with a reasonable discount. If the defect cannot be remedied, you can withdraw from the bargain, or claim a proportionate reasonable discount.

13.2. We will try to resolve any complaint you may lodge as soon as possible (no later than within 90 calendar days), and we will confirm its receipt and settlement to you in writing. If we do not settle the complaint in time, you have the right to withdraw from the bargain. You can file a complaint by sending an e-mail to our e-mail address [support@cryptology.company].

14. Changes to these T&C

14.1. We reserve for ourself the right to change these T&C from time to time with effect for the bargain previously entered into with you. We shall notify you on the change in these T&C at least 3 days before the change in the T&C is effective, via the Client Section or by e-mail.

If you do not agree with the change, you are entitled to reject it with either (a) providing us with the notification on such, or (b) constructive actions manifested in abatement of us of the Services and our website. However, if you do not reject the change, it is considered that you agree to the new version of these T&C, and all of the changes binding for our bargain as modified.

14.2. If the change offers you a new type of the Services, or other additional functionalities, or this change is solely to your advantage, we can inform you about this change less than 3 days before the effective date of such change, including the day when the effect occurs.

14.3. We will mainly change these T&C for the following reasons:

(i) to introduce new Services, or amend existing Services;

(ii) to reflect legal or regulatory requirements that apply to us or our economic activity;

(iii) when we will try to make these T&C easier to understand or more helpful to you;

(iv) to adjust the way our Services are provided, particularly if the change is needed because of a change in the way the technology is provided or background processes;

(v) to reflect changes in the cost of running our business.

15. Out-of-court consumer dispute settlement

15.1. It is our goal that our Clients are satisfied with the Services, and, therefore, if you have any complaints or suggestions, we will be happy to resolve them directly with you and you can contact us with the relevant communication.

16. Choice of law and jurisdiction

16.1. Any legal relations established by these T&C or related to them, as well as any related non-contractual legal relations, shall be governed by the law of Estonia. Any dispute that may arise in connection with these T&C and/or related agreements will fall within the jurisdiction of the Estonian courts having local jurisdiction in the region/location of our registered office.

16.2. The provisions of clause do not deprive you of the protection envisaged by the mandatory laws of the relevant Member State of the European Union, or any other jurisdiction.

17. Duration and termination of the contract

17.1. The bargain between us is concluded for a definite period until the KF Challenge or Verification is passed (or failed) in accordance within these T&C.

17.2. The bargain between us may be terminated by either party earlier in accordance with these T&C. The bargain terminates automatically and with immediate effect in you, during KF Challenge or Verification, do not open at least one demo trade during a period of 30 consecutive days.

17.3. Notwithstanding anything herein, we may terminate the bargain between us with cause and immediate effect when the provision of Services under it would affect our ability to adhere to the duly imposed legal obligations, or orders, or decisions of the Estonian governmental authorities, including courts.

17.4. We both may terminate the bargain between us without cause by serving a written notice at least 30 days in advance via appropriate means provided by these T&C.

18. Final provisions

18.2. These T&C constitute the complete list of terms and conditions agreed between us, and supersede all prior agreements relating to the subject matter of the T&C, whether verbal or written – whichever and if applicable.

18.3. Nothing in these T&C is intended to limit any legal claims set out elsewhere in these T&C, or arising due to the operation of the applicable law. If we, or any third-party, authorized thereto, does not enforce the compliance with these T&C, this shall be in no way construed as a waiver of any right or claim provided by the law applicable.

18.4. We may assign any claim arising from these T&C, or any agreement to a third-party without your consent. You agree that we may, as the assignor, transfer its rights and obligations under these T&C, or any agreement or parts thereof, to a third-party.

However, you are not authorized to transfer, or assign, your rights and obligations under these T&C, or any agreements or parts thereof, or any receivables arising from them, in whole or in part, to any third party.

18.5. If any provision of the T&C is found to be invalid or ineffective by the court of law, it shall be replaced by a provision with meaning as close as possible to the provision invalidated. The invalidity or ineffectiveness of one provision shall not affect the validity of the other provisions. No past or future practice established between the parties and no custom maintained in general or in the industry relating to the subject-matter of the performance, which is not expressly referred to in the T&C, shall be applied and no rights and obligations shall be derived from them for the parties; in addition, they shall not be taken into account in the interpretation of manifestations of the will of the parties.

18.6. The schedules to the T&C form integral parts of these T&C. In the event of a conflict between the wording of the main text of these T&C and any schedule thereof, the main text of these T&C shall prevail.

18.7. Prior to the mutual acceptance of these T&C, the parties have carefully assessed the possible risks arising from them and accept those risks.

19. Contact details

You may get in touch with us via several methods:

(a) send us an email to the following address support@cryptology.company with the subject matter of your concern (any of the aforementioned or else);

(b) contact your manager via a relevant messaging system (WhatsApp, Signal, Telegram) with the relevant request;

and we shall return to you promptly.

Cryptology Key OÜ

Register number: 17062904,

VAT number EE102796018,

Registered office: Tornimäe tn 7-36,

Kesklinna linnaosa, Tallinn, 10145, Estonia

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