Terms and Conditions
1. Introduction and Definitions
1.1. Welcome to AI Market. These terms and conditions constitute a legally binding agreement between you ("User," "Client," or "You") and AI Market ("Platform," "We," "Us," or "Our").
1.2. By accessing or using our cryptocurrency trading and investment platform, you explicitly agree to comply with and be bound by these terms.
1.3. The Platform provides cryptocurrency trading, investment, and wallet services through advanced technological solutions and expert trading systems.
1.4. If you do not agree to these terms, you must immediately cease using our services.
2. Data Protection and Privacy
2.1. Data Collection and Processing:
a) We collect personal data necessary for account creation, verification, and service provision
b) Data processing is conducted in accordance with applicable privacy laws including GDPR, CCPA, and local regulations
c) We implement appropriate technical and organizational measures to protect your data
2.2. Data Usage:
a) Personal data is used solely for legitimate business purposes
b) We do not sell personal data to third parties
c) Data may be shared with regulatory authorities when legally required
2.3. Data Rights:
a) You have the right to access, rectify, or delete your personal data
b) You may request data portability where applicable
c) You can withdraw consent for data processing at any time
2.4. Data Retention:
a) Data is retained only as long as necessary for business and legal purposes
b) KYC data may be retained for regulatory compliance requirements
c) Transaction records are maintained per applicable financial regulations
3. Refund Policy
3.1. General Refund Terms:
a) All cryptocurrency transactions are final and irreversible by nature
b) Refunds are processed only in exceptional circumstances and at our sole discretion
c) Service fees are generally non-refundable except where explicitly stated
3.2. Verification Fee Refunds:
a) KYC verification fees are refundable upon successful verification completion
b) Profit verification fees are refunded with withdrawal processing
c) Refund processing time: 5-10 business days
3.3. Refund Exceptions:
a) No refunds for market losses or trading decisions
b) No refunds for user error in transaction details
c) No refunds for services already rendered
3.4. Refund Process:
a) Refund requests must be submitted through official support channels
b) All refund requests require verification and documentation
c) Refunds are processed to the original payment method when possible
4. Trading and Investment Terms
4.1. Profit Verification Fee:
a) A mandatory 10% profit verification fee from total trading profits must be deposited before any withdrawal processing.
b) This applies to all profit sources including manual trading, bot trading, and investment returns.
c) The fee is calculated based on the total profit amount at the time of withdrawal request.
4.2. Fee Refund Process:
a) The profit verification fee is fully refundable upon successful verification.
b) Refund is processed automatically with the withdrawal amount.
c) Processing time: 1-3 business days for standard accounts.
4.3. Trading Requirements:
a) Minimum trading volume requirements may apply.
b) Users must maintain sufficient balance for open positions.
c) Platform reserves the right to close positions if maintenance requirements are not met.
5. Regulatory Compliance and Legal Framework
5.1. Regulatory Compliance:
a) We operate in compliance with applicable financial regulations
b) Users must comply with their local laws regarding cryptocurrency trading
c) We reserve the right to restrict services in certain jurisdictions
5.2. Anti-Money Laundering (AML):
a) We implement comprehensive AML procedures
b) Suspicious activities are reported to relevant authorities
c) Enhanced due diligence may be required for high-value transactions
5.3. Tax Obligations:
a) Users are responsible for their own tax obligations
b) We may provide transaction records for tax reporting purposes
c) Tax advice should be sought from qualified professionals
6. Intellectual Property Rights
6.1. Platform Ownership:
a) All platform content, software, and technology are our intellectual property
b) Users receive a limited license to use our services
c) Unauthorized reproduction or distribution is prohibited
6.2. User Content:
a) Users retain ownership of their submitted content
b) Users grant us license to use content for service provision
c) Users must not infringe third-party intellectual property rights
7. Force Majeure and Service Interruptions
7.1. Force Majeure Events:
a) We are not liable for delays or failures due to circumstances beyond our control
b) This includes natural disasters, government actions, cyber attacks, or technical failures
c) Services may be suspended during force majeure events
7.2. Planned Maintenance:
a) We may perform scheduled maintenance with advance notice
b) Emergency maintenance may occur without prior notice
c) No compensation is provided for maintenance-related downtime
8. Account Termination and Suspension
8.1. Termination Rights:
a) We may terminate or suspend accounts for terms violations
b) Users may close their accounts at any time
c) Outstanding obligations survive account termination
8.2. Post-Termination:
a) Users must withdraw funds before account closure
b) We may retain data as required by law
c) Access to services is immediately revoked upon termination
9. KYC and Verification Requirements
9.1. KYC Level 1 (Basic Verification):
a) Required for all users
b) Includes email verification and basic identity information
c) No fee required
d) Trading limits apply
9.2. KYC Level 2 (Advanced Verification):
a) Required for higher withdrawal limits
b) Verification fee required (refundable)
c) Includes government ID verification
d) Proof of address required
e) Enhanced trading privileges
9.3. Verification Fee Structure:
a) Fee amount displayed in dashboard
b) Varies by region and account type
c) Held in secure escrow
d) Fully refundable upon successful verification
10. Automated Trading Systems
10.1. Bot Trading Services:
a) Available to verified users
b) Subject to platform risk management policies
c) Performance varies based on market conditions
10.2. Bot Trading Requirements:
a) Minimum balance requirements apply
b) Subject to profit verification fees
c) Regular maintenance windows may affect service
11. Withdrawal Process
11.1. Withdrawals require completion of all necessary verifications.
11.2. The 10% profit verification fee must be deposited before withdrawal processing begins.
11.3. Users must complete KYC appropriate to their withdrawal tier.
11.4. All fees are refunded along with the withdrawal amount upon successful verification.
12. Eligibility and Age Requirements
12.1. To use AI Market, you must be at least 18 years old and legally able to enter into contracts.
12.2. You must comply with all applicable laws and regulations in your jurisdiction regarding cryptocurrency trading and investments.
12.3. Residents of restricted jurisdictions are prohibited from using our services.
12.4. We reserve the right to verify age and identity at any time.
13. Account Security and User Responsibilities
13.1. You are responsible for maintaining the confidentiality of your account credentials and for all activities under your account.
13.2. AI Market implements industry-standard security measures but cannot guarantee absolute security.
13.3. Users must immediately report any unauthorized access or security breaches.
13.4. We are not liable for losses resulting from compromised account credentials.
14. Cryptocurrency Services and Risks
14.1. Our platform provides cryptocurrency wallet services, trading capabilities, and investment opportunities.
14.2. All transactions are final and irreversible. Users must verify transaction details before confirmation.
14.3. Cryptocurrency investments involve substantial risk. Market values can be highly volatile.
14.4. Past performance does not guarantee future results. Users should invest only what they can afford to lose.
15. Fees and Charges
15.1. AI Market charges fees for certain services. All applicable fees will be clearly displayed before transaction confirmation.
15.2. We reserve the right to modify our fee structure with 30 days advance notice.
15.3. Network fees for blockchain transactions are separate and not controlled by us.
15.4. All fees are non-refundable unless explicitly stated otherwise.
16. Prohibited Activities
16.1. Users must not engage in illegal activities, market manipulation, or any form of fraudulent behavior.
16.2. Violations may result in immediate account termination and legal action.
16.3. Prohibited activities include but are not limited to money laundering, terrorist financing, and tax evasion.
16.4. We cooperate fully with law enforcement investigations.
17. Service Modifications and Updates
17.1. AI Market reserves the right to modify, suspend, or discontinue any aspect of our services at any time.
17.2. We will provide reasonable notice of significant changes when possible.
17.3. Continued use of services after modifications constitutes acceptance of changes.
17.4. We may update these terms periodically to reflect legal or operational changes.
18. Limitation of Liability and Disclaimers
18.1. AI Market is not liable for any direct, indirect, incidental, or consequential damages resulting from your use of our services.
18.2. This includes losses due to market volatility, technical issues, or external factors.
18.3. Our total liability is limited to the amount of fees paid by you in the 12 months preceding the claim.
18.4. Services are provided "as is" without warranties of any kind.
18.5. We disclaim all warranties, express or implied, including merchantability and fitness for a particular purpose.
19. Indemnification
19.1. You agree to indemnify and hold harmless AI Market from any claims, damages, or expenses arising from:
a) Your use of our services
b) Your violation of these terms
c) Your violation of applicable laws
d) Your infringement of third-party rights
19.2. This indemnification survives termination of your account and these terms.
20. Dispute Resolution and Governing Law
20.1. All disputes shall be resolved through negotiation and mediation before pursuing legal action.
20.2. Users agree to mandatory binding arbitration for unresolved disputes.
20.3. The platform's decision is final in matters relating to trading and verification processes.
20.4. These terms are governed by the laws of Nigeria.
20.5. Any legal proceedings must be brought in the courts of Nigeria.
21. Platform Security and Technical Requirements
21.1. Security Measures:
a) Multi-factor authentication required
b) Regular security audits conducted
c) Cold storage for majority of assets
21.2. User Responsibilities:
a) Maintain secure passwords
b) Enable all security features
c) Report suspicious activities immediately
21.3. Technical Requirements:
a) Users must maintain compatible devices and software
b) We are not responsible for technical compatibility issues
c) Internet connectivity is user's responsibility
22. Contact Information and Support
22.1. For questions about these terms, please contact our support team through the appropriate channels provided on our platform.
22.2. Support is provided during business hours and response times may vary.
22.3. Legal notices must be sent to our registered business address.
22.4. We may communicate with users via email, platform notifications, or other electronic means.
23. Severability and Entire Agreement
23.1. If any provision of these terms is found invalid or unenforceable, the remaining provisions remain in full force.
23.2. These terms constitute the entire agreement between you and AI Market.
23.3. No waiver of any provision shall be deemed a waiver of any other provision.
23.4. These terms supersede all prior agreements and understandings.
Last updated: 7/25/2025
Version: 2.0
These terms are effective immediately upon posting.