This EasyCoins Copy Trading Service Agreement (“Agreement”) is a contract between you (“you”, “your” or “User”) and EasyCoins Global (“we”, “our”, “us” or “EasyCoins”). It sets out the terms and conditions that governs your use of Copy trading services (“Services”) through EasyCoins.com or any of our associated websites, application programming interfaces or mobile applications (collectively the ""Platform""). Copy trading services is a service that allows one user (hereinafter the “Follower”) to copy trade(s) made by another user (hereinafter the “Trader”). The terms and conditions in this Agreement are to be read in conjunction with the User Agreement and Privacy Policy. If the terms in this Agreement varies from that of the User Agreement, Privacy Policy or such other agreement or publication pertaining to EasyCoins’s Copy trading services as may be published by EasyCoins from time to time (the “Terms”), the terms in this Agreement shall prevail. Before you use our Copy Trading services, we advise you to carefully read and make sure you understand the provisions of this Agreement and the Terms.
By using the Services, you acknowledge and agree to be legally bound by the terms and conditions of this Agreement and the terms set out in the Terms, including any revisions as may be published by us from time to time; notwithstanding the foregoing, you understand and agree that by using the Services, you may be liable to pay us certain trading fees, and a percentage of your profits to the Trader (the 'Profit Share').
Follower’s Qualification
1)You shall be a qualified investor and have opened a trading account on the Platform.
2)You are at least 18 years old, have full capacity for civil rights and civil conducts, have sufficient knowledge and experience to understand the nature and risks of the Services and the applicable product(s).
3)You are the legal owner of the digital assets in your trading account. You shall ensure the legality of the source of digital assets, and you must not use the Platform to operate illegal activities.
4)Any cryptocurrency withdrawal address provided to us shall belong to you, and you have full control over the address.
Requirements for Applying to be a Follower
1) There are no positions, open orders, or stop limit orders across your trading account on the Platform
2) Each User can only register one trading account on the Platform for Copy Trade.
Rules of Service
1) Each Follower may follow one Trader or multiple Traders for each trading pair.
2) Follower shall cautiously judge the authenticity, legality and validity of virtual currencies and/or information related to bitcoin and other virtual currencies, and bear the responsibilities and losses arising therefrom. Unless expressly required by laws and regulations, EasyCoins is not obligated to review Followers’ information and data, bitcoin and other virtual currency information, transaction behaviour, and other matters related to transactions in advance.
3) Once the Services is activated, the Trader's trade will be copied to the Follower’s trading account regardless of whether the account is signed in or not. Follower may close any copied trade manually at any time.
4) Follower shall only copy the trades that were opened by the Trader after the subscription to the Trader within the Services.
5) Follower’s trading statistics can only be viewed by the Follower and the Trader’s trading statistics are available on the Platform for the public.
6) If EasyCoins reasonably suspects that the Follower violated any rules set out by the Platform (including this Agreement and the Terms) or the legislation of the country of the Follower's residence, EasyCoins shall have the right to freeze your trading account.
Disputes and legal obligations
1) In the event that Follower is involved in a dispute with other Follower(s) or Trader(s) in the course of using the Services on the Platform, either party may submit a mediation request to EasyCoins, and EasyCoins has the right and sole discretion to make a mediation decision based on unilateral judgment. You understand and agree to accept the EasyCoins’s decision for the disputes.
2) EasyCoins has the right to provide the information such as Follower information and transaction records at the request of government departments including judicial and administrative departments. In the event that EasyCoins suspects that you are involved in infringing on the intellectual property rights and other legal rights and interests of others, and that prima facie proof of such has been provided, EasyCoins has the right to provide relevant counterparty, regulatory authorities, or other judicial or administrative authorities the necessary personal and/or transaction information of you.
Disclaimer
1)You acknowledge and agree that EasyCoins will not be liable for any losses and damages caused by any of the following circumstances:
a) Loss of profit, loss of data, loss of opportunity, intangible damages, or any damages arising out from Force Majeure event.
b) EasyCoins has reasonable grounds to believe that specific Follower and specific transactions may be in violation of the applicable law or this Agreement or other Legal Documents, including, but not limited to, conducting prohibited trading activities (including, inter alia, manipulative or abusive trading behaviour), fraudulent or incorrect information has been provided during the account opening process, or, you have not acted bona fide when using our Services.
c) EasyCoins has reasonable grounds to believe that the conduct of Follower on the Platform is suspected of being illegal or improper, including, but not limited to, conducting prohibited trading activities (including, inter alia, manipulative or abusive trading behaviour), fraudulent or incorrect information has been provided during the account opening process, or, you have not acted bona fide when using our Services.
d) Losses or costs incurred by the purchase or acquisition of any data, information or transactions through the Services.
e) Your misinterpretation or misunderstanding of the Services, any partial or total loss caused by your direct or indirect participation in relation to the Services and this Agreement.
2)You acknowledge and agree that there are risks related to the function of the Services, including but not limited to automatic trading operations in which your account can start and end transactions without your manual intervention.
3)You acknowledge and agree that EasyCoins does not guarantee the success of any copied trade or the fact that the copied trade will be copied to the Follower's account. Copied trade may not be successfully copied for several reasons, including, but not limited to, failure to meet minimum copy trading amount, failure to meet required collateral ratio, triggering of risk-control measures, and other circumstances which violate, or is otherwise prescribed by, this Agreement and/or the Legal Documents.
4)You acknowledge and agree that a delay of Services may occur and you would incur losses and/or costs, and that the Services may fail.
5)Investment management services are at your discretion. Please take note that if you decide to engage the Services to copy specific traders and/or follow specific trading strategies, you are deemed to have considered your overall financial situation, including financial planning, and you understand that using the Services function is extremely speculative, and the loss you could incur may be greater than the Trader. The Trader can make both profitable and losing trades.
6)The Services provided herein are for your reference only. If you make an investment decision based on the information provided on the Platform or the information obtained through the Services, you shall bear your own risk.
7)You shall make independent research and judgment before making an investment decision. You should independently determine whether your investment, strategy, or any other products and services meet your own needs based on your investment objectives and personal and financial conditions.
8)You shall be solely responsible for the losses caused by the automatic execution of operations using the Services function.
9)Any information on the Platform is intended to provide trading dynamics and information services for Traders and Followers. This Platform does not provide any form of investment advice and does not imply the provision of such information or functions in any form. You shall conduct independent research and make independent investment decisions on the information collected through this Platform or the Services function.
10)You agree and accept that the following, without limitation, are reasons that may cause failure to perform the Services:
a)The number of Followers of the Trader has reached the upper limit;
b)The Trader has ceased to operate;
c)Your current status is a Trader;
d)No assets or funds in your account; and
e)The Trader's order limit has reached the upper limit.
We will take reasonable steps to monitor the performance of any Trader under the Services functionality. We reserve the right to pause, stop, or block any Trader from being copied under the Services functionality.
EasyCoins expressly reserves all the rights for final explanation of this Agreement within the scope of the law.
Indemnity and Defence
In the event that EasyCoins is subject to any claim by a third party in connection to this Agreement, Follower shall assist EasyCoins in the defence against such claim. Follower shall indemnify and hold harmless EasyCoins against any disputes that arise in connection with or relating to this Agreement. Follower shall bear all the responsibilities, losses and indemnity arising from the disputes arising out or in connection with the Agreement.
Liability for Breach of Agreement
1)Any violation of this Agreement by either party or any failure by either party hereto to timely perform any of its obligations, representations or warranties under this Agreement shall constitute a breach of this Agreement.
2)Where either party hereto commits any breach of this Agreement and thereby causes any loss to the other party, the breaching party shall be liable to the other party for such loss. The scope of liability includes the loss of such other Party and the costs incurred by it as a result of its claim for such loss.
3)Follower shall perform this Agreement strictly in accordance with the terms and conditions hereof. In any case of any breach of the Agreement by Follower, EasyCoins shall be entitled to elect any or all of the following remedies:
a)Freeze Follower’s trading account(s) on the Platform; and/ or
b)Recovery of all losses and damages from Follower incurred to EasyCoins as a result of the breach of Agreement.
Miscellaneous
1)If any portion of this Agreement is declared invalid, illegal, or otherwise unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect.
2)This Agreement has been drafted in English. Although translations in other languages of this Agreement may be available, such translations may not be up to date or complete. Accordingly, you agree that in the event of any conflict between the English language version of this Agreement and any other translations thereof, the English language version of this Agreement shall prevail.