Terms and conditions
1. Objectives
It is the goal of Silvaxtrade.com (“Silvaxtrade.com”), to help users enter and navigate the cryptocurrency space, and provide tools to help users make their own sound decisions relative to growing their wealth. Services are intended for medium- and long-term investors.
2. Activities
2.1 Account creation
Silvaxtrade.com will create the necessary crypto exchange accounts on behalf of, and with permission of the user. Once account set-up is complete, users are provided with the account credentials and password change instructions, at which point users will have full control over their account. Users are the full and sole owner of their exchange accounts and carry all responsibilities that come with opening, holding, and managing such accounts.
2.2 Asset allocation
Silvaxtrade.com uses dynamic, proprietary algorithms to define and perform portfolio allocation, based on user input. Manual trades or transactions conducted by users may limit Silvaxtrade.com’s account monitoring and reporting ability.
2.3 Fund deposits and withdrawals
Users are responsible for depositing and withdrawing funds to/from their account, however Silvaxtrade.com will provide clear instructions on how to do so.
2.4 Account monitoring and reporting
Silvaxtrade.com will continuously monitor user accounts and provide users with a monthly dashboard with easy-to-understand portfolio and performance details.
3. Fees
3.1 Fee structure
Silvaxtrade.com offers different plans: freemium, and performance fee. The freemium plan is totally free and offers limited functionality.
Our customers especially like the no-profit-no-pay model as it means that Silvaxtrade.com only gets paid if the customer wins. We like this also!
3.2 Promotions
Silvaxtrade.com reserves the right to apply promotional discounts to the fees listed under 3.1. This is completely at Silvaxtrade.com’s discretion.
3.3 Other fees
Silvaxtrade.com does not charge any additional or hidden fees. For any transaction or trading fees that may be charged by cryptocurrency exchanges and/or banks, users accept full responsibility.
4. Security
4.1 Infrastructure
Silvaxtrade.com is powered by Google Cloud. Google Cloud helps reducing the cost, complexity, and risk associated with security and compliance in the cloud.
4.2 Exchanges
Silvaxtrade.com thoroughly vets its partners and only works with major “top-10” exchanges. User funds remain on their personal exchange account and interactions between Silvaxtrade.com and user accounts are performed by means of customer owned API keys. API access is limited, hence in the unlikely event of a security breach, no fund withdrawal can take place.
5. Disclaimer
5.1 Financial advice
Silvaxtrade.com does not provide financial advice. Silvaxtrade.com is a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Bank, Securities Broker, Commodity Trade Advisor, or Financial Planner. The information provided, such as optimal fund allocation, is based on user input and for information purposes only. The Information is not intended to be and does not constitute financial advice or any other advice, is general in nature and not specific to you. Before using Silvaxtrade.com, users should seek the advice of a qualified investment professional and undertake their own due diligence. Silvaxtrade.com is not responsible for any investment decision made by users.
5.2 Warranties
Silvaxtrade.com disclaims to the full extent authorized by law any and all warranties, whether express or implied, including, without limitation, any implied warranties, merchantability or fitness for a particular purpose. Silvaxtrade.com does not warrant that its services and applications will be free of bugs, errors, viruses or other defects, nor that trade results will be profitable.
5.3 Liability
Under no circumstances shall Silvaxtrade.com or its affiliates be held liable to any user or related party for any indirect, incidental, consequential, special, exemplary, or punitive damages — including but not limited to loss of profits or data — even if Silvaxtrade.com has been previously informed of the potential for such damages. Furthermore, the total cumulative liability of Silvaxtrade.com, whether arising from contract, negligence, or any other legal theory, shall not exceed the total amount of fees paid by the user for access to or use of Silvaxtrade.com’s services or applications.
6. Risks
Investing in any asset class, including crypto currencies, holds numerous risks, for example: technology risks, exchange risks, security risks, regulatory risks. Before deciding to leverage Silvaxtrade.com services, users should not worry as any investment with Us is 100% safe and secured. The possibility exists that users lose money in other companies but not with Us as all of their initial investment and profit are 100% Safe.
As with any market, for a transaction to happen it requires a seller, a buyer, and a price agreement. Loss-limiting strategies such as stop-loss orders may not be effective because market conditions or technological issues may make it impossible to execute stop-loss orders. Silvaxtrade.com is not responsible for any losses incurred as a result of using Silvaxtrade.com’s advisory services.
7. Privacy
Silvaxtrade.com is fully compliant with GDPR (General Data Protection Regulation), an EU regulation enforceable as of May 25, 2018. Silvaxtrade.com stores the minimum possible amount of user data necessary to deliver its services. Stored user data includes: name, date of birth, country of residence, email address, and exchange API keys (encrypted). User data will never be shared with any third party before explicit user consent. Users have the right for their user data to be forgotten, which can be requested over email.
8. Communication
The User understands and agrees to the preceding sections. The User also agrees to the following:
- User reserves the right to stop using Silvaxtrade.com at any point;
- You agrees and warrants that any information provided to Silvaxtrade.com is accurate and complete;
- User agrees that Silvaxtrade.com is offering a Software as a Service (SaaS). This means that Silvaxtrade.com monitors user accounts on users’ behalf on exchanges that are not affiliated with Silvaxtrade.com;
- User agrees to take full responsibility for identifying and paying any tax liabilities that may exist as a result of trading, or Silvaxtrade.com services in general;
- This agreement is governed by and construed in accordance with the German law and any dispute, which cannot be amicably resolved, shall be submitted to the jurisdiction of the Court in the Germany;
- Silvaxtrade.com reserves the right to terminate or deny service to anyone, at any time, for any reason.
