Effective Date: 20th January, 2023
Updated on: 13th November 2023
Please read these Terms and Conditions ("Terms") carefully before using Flaxbot AI Trading Software ("Flaxbot") and accessing the website at https://flaxbot.com (the "Website"). By accessing or using Flaxbot, you agree to be bound by these Terms. If you do not agree with any part of these Terms, you should not use Flaxbot.
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1. Use of Flaxbot
1.1. License: Flaxbot grants you a limited, non-exclusive, non-transferable, and revocable license to use the software for personal, non-commercial purposes, subject to compliance with these Terms.
1.2. Eligibility: By using Flaxbot, you affirm that you are at least 18 years old and have the legal capacity to enter into these Terms. If you are accessing Flaxbot on behalf of an organization, you represent and warrant that you have the authority to bind that organization to these Terms.
1.3. Prohibited Activities: You agree not to use Flaxbot for any illegal or unauthorized purpose and not to engage in any activities that may harm or interfere with the operation or security of Flaxbot or any other user's experience.
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2. Disclaimer of Warranty
Flaxbot is provided "as is" and "as available" without warranties of any kind, whether express or implied. You acknowledge that the use of Flaxbot is at your sole risk and discretion. We do not guarantee the accuracy, reliability, or suitability of the software for your specific needs or purposes.
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3. Risk and Responsibility
3.1. Financial Risk: Trading involves substantial risk, and you acknowledge and agree that any investment or trading decisions made using Flaxbot are solely at your own risk. Flaxbot does not provide financial or investment advice, and you are responsible for conducting your own research and making informed decisions.
3.2. Third-Party Content: Flaxbot may include links or references to third-party websites, content, or services. We do not endorse or assume any responsibility for the accuracy or legality of such content or the practices of those websites. Your interactions with third-party content are solely between you and the respective third party.
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4. Intellectual Property
4.1. Ownership: Flaxbot and its associated intellectual property rights are owned by Flaxbot or its licensors. These Terms do not grant you any rights to the intellectual property of Flaxbot except for the limited license explicitly provided in Section 1.1.
4.2. Restrictions: You agree not to modify, adapt, reproduce, distribute, transmit, display, perform, or create derivative works of Flaxbot unless expressly permitted in writing by Flaxbot.
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5. Indemnification
You agree to indemnify, defend, and hold harmless Flaxbot and its affiliates, directors, officers, employees, and agents from any claims, damages, losses, liabilities, costs, or expenses arising out of or related to your use or misuse of Flaxbot, violation of these Terms, or infringement of any third-party rights.
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6. Limitation of Liability
To the maximum extent permitted by applicable law, in no event shall Flaxbot or its affiliates be liable for any indirect, incidental, special, consequential, or punitive damages, whether arising from the use of Flaxbot, breach of contract, or otherwise, even if advised of the possibility of such damages.
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7. Transactions and fees
There might be 2% fees on sales of bots or copytrading. This implies that all sales of bots or strategies may or may not be charged 2% on the sales. For example, when you sell a bot for $10, it is likely to be charge $0.2, which means that the user will receive $9.8 in their flaxbot wallet. Also, withdrawal fees are charged separately based on the methods used for the withdrawal. Flaxbot reserves the right to modify or update these fees over time.
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8. Modifications to the Terms
Flaxbot reserves the right to modify or update these Terms at any time, and it is your responsibility to review these Terms periodically. Continued use of Flaxbot after any modifications constitutes your acceptance of the revised Terms.
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9. Entire Agreement
These Terms constitute the entire agreement between you and Flaxbot concerning the subject matter herein and supersede all prior or contemporaneous agreements, understandings, or representations.
If you have any questions or concerns regarding these Terms, please contact us at [email protected].
By using Flaxbot, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.