Terms & Conditions

Last Updated: 2024 June 14

The Floki Trading Bot (“Trading Bot”) is a multi-chain Telegram bot, users can buy and sell cryptocurrencies across different blockchains. The bot will be available on the mainnets of Ethereum, Coinbase's Base, and Binance's BNB Smart Chain.

Key Features of the Trading Bot include : - Hot Wallet Creation and Management - Deposit and Withdrawal of Crypto Assets - Basic Buy and Sell of Crypto Assets - Trade Settings, including Slippage Tolerance and Gas settings - View of Open Positions Fee and Burn Trading Bot details are as follows:

- 1% fee on each trade. - 50% goes to treasury and 50% should buy and burn $FLOKI. (periodic buyback)

Floki (“we”,”us”) welcomes you to the world of crypto trading! We're excited to have you on board and using our Trading Bot. This bot is designed to streamline your trading experience by automating strategies and reacting to market changes quickly.

However, before you dive in, we want to emphasize the inherent risks of cryptocurrency. The market is famously volatile, and profits are never guaranteed. It's important to approach trading with a cautious and well-informed mindset.

By participating and using the Floki Trading Bot, you acknowledge that you have read, understood and accepted all of the terms and conditions in these terms (the “Floki Trading Bots Terms and Conditions”, “Terms”), and you acknowledge and agree that you will be bound by and will comply with these Terms. If you do not understand nor accept these Terms in their entirety, you should not participate.

RISKS YOU ACKNOWLEDGE

YOU ARE FULLY AWARE AND INFORMED THAT CRYPTO ASSET PRICES ARE HIGHLY VOLATILE AND CAN EXPERIENCE SIGNIFICANT FLUCTUATIONS WITHIN A SHORT PERIOD. YOU RECOGNIZE THAT THERE IS A POSSIBILITY OF LOSING ALL OR A SIGNIFICANT PORTION OF YOUR INVESTMENT. YOU FULLY UNDERSTAND AND ACCEPT THE RISKS ASSOCIATED WITH TRADING CRYPTOASSETS USING TRADING BOTS. YOU ACKNOWLEDGE THAT YOU ARE SOLELY RESPONSIBLE FOR THESE RISKS AND HAVE THE NECESSARY KNOWLEDGE AND EXPERIENCE TO MANAGE TRADING BOTS EFFECTIVELY.

ENGAGING IN CRYPTO TRADES MAY BE HIGHLY RISKY. PLEASE DO NOT USE TRADING BOTS SERVICES IF YOU DO NOT UNDERSTAND THESE RISKS. YOU ARE SOLELY RESPONSIBLE FOR CUSTOMIZING ALL RELEVANT PARAMETERS, AND ALL TRADING RISKS REST IN YOU. YOU ACKNOWLEDGE AND WARRANT THAT YOU HAVE SUFFICIENT INVESTMENT EXPERIENCE AND/OR KNOWLEDGE TO MAKE YOUR INDEPENDENT JUDGMENT ON THE SUITABILITY AND USAGE OF THE TRADING BOTS BASED ON YOUR OWN FINANCIAL STATUS AND KNOWLEDGE, INVESTMENT EXPERIENCE AND OBJECTIVES, RISK TOLERANCE, PERSONAL CIRCUMSTANCES ETC. BEFORE START USING TRADING BOTS, YOU SHOULD HAVE FULLY UNDERSTOOD AND TESTED THE FEATURES, RISKS, AND LIMITATIONS IN DETAIL, IF IN DOUBT, PLEASE SEEK PROFESSIONAL FINANCIAL OR INVESTMENT ADVICE. WE ARE NOT RESPONSIBLE FOR THE OUTCOME OF YOUR USE OF THE TRADING BOT.

Eligibility and Acceptable Use

We may not make the Trading Bot available in all markets and jurisdictions and may restrict or prohibit the use of the Trading Bot from certain jurisdictions (“Restricted Locations”).

You further represent and warrant that you: (a) are at least 18 years old; (b) have not previously been suspended or removed from using our Trading Bot or other similar services provided by other parties; (c) have full power and authority to enter into these Terms and in doing so will not violate any other agreement to which you are a party; (d) using our platform in your own name and solely for your own benefit; (e) are not located in, under the jurisdiction of, or a national or resident of any Restricted Locations, see https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-list-search-tool (f) will not use our Trading Bot if any applicable laws in your country prohibit you from doing so in accordance with these Terms; (g) are not a designated person under regulations issued pursuant to the lists of individuals or entities identified by the Security Council of the United Nations or the Committee as individuals or entities to whom or which apply the measures referred to in paragraph 8(d) of Resolution 1718 (2006)(including any such list as updated from time to time by the Security Council or the Committee, and made available on the Internet through the official United Nations website at http://www.un.org/) ; and (h) have read and understood these Terms, the Terms of Use of the Platform and the Risk Disclosure Statement.

Nothing on the Floki Platform shall be deemed to constitute solicitation or intention to solicit any individuals to use the Trading Bot. You shall promptly stop using the Trading Bot if you are a resident of a jurisdiction that does not allow the use of Trading Bots or engaging in crypto-related activities.

Additionally, by agreeing to these terms you certify that you pursue participation in blockchain-based networks as a part of your professional activity and are familiar with the Trading bot and the risks attached to them and their trading, including but not limited to the risks highlighted above.

General Obligations

This Section applies to (i) all trades completed via the Trading Bot, and (ii) any transaction in which you transfer Funds (ETH or BNB) into your Trading Bot Account from your External Account or transfer Funds from your Trading Bot Account into an External Account.

Conditions and Restrictions. We may, at any time and in our sole discretion, refuse any trade submitted via the Trading Bot, impose limits on the trade amount permitted via the Trading Bot or impose any other conditions or restrictions upon your use of the Trading Bot without prior notice. For example, we may restrict trades from certain locations.

Accuracy of Information. You must provide any information required when creating a Trading Bot Account or when prompted by any screen displayed within the Trading Bot. You represent and warrant that any information you provide via the Trading Bot is accurate and complete.

Insufficient Funds. If there is an insufficient amount of Funds in your Trading Bot Account to complete an order, we will reject the submission. We do not fulfill partial orders. The entire order will be canceled if the account lacks the necessary funds to cover the complete order plus any fees owed to us in connection with our execution of the trade(s).

Taxes. It is your responsibility to determine what, if any, taxes apply to the trades you complete via the Trading Bot, and it is your responsibility to report and remit the correct tax to the appropriate tax authority. You agree that we are not responsible for determining whether taxes apply to your trades or for collecting, reporting, withholding, or remitting any taxes arising from any trades.

Compliance with all applicable laws and regulations. You represent, warrant and undertake that you have and shall at all times comply with all applicable laws and regulations in all jurisdictions relevant to any Service provided or made available by us to you.

Security of Account. It is your responsibility to keep your login details and account information safe and secure. All actions performed using your account are deemed to be done by your or by someone authorised by you.

Trades

Market volatility. Particularly during periods of high volume, illiquidity, fast movement, or volatility in the marketplace for any particular one or more trades submitted by the Trading Bot, the actual market rate at which a trade is executed may be different from the prevailing rate indicated via the Trading Bot at the time of your order or trade. You understand that we are not liable for any such price fluctuations. In the event of a market disruption or Force Majeure event, we may do one or more of the following: (a) suspend access to the Trading Bot; or (b) prevent you from completing any actions via the Trading Bot, including closing any open positions. Following any such event, when trading resumes, you acknowledge that prevailing market rates may differ significantly from the rates available prior to such an event.

Independent Relationship, No Advice. You acknowledge and agree that: (a) we are not holding monies and/or Funds as your trustee, and are not acting as your broker, intermediary, agent, or advisor or in any fiduciary capacity, and (b) no communication or information provided to you by us shall be considered or construed as advice.

We shall not give you advice on the merits of any trade and shall deal with you on an execution-only basis. None of our employees or staff are authorized by us to give you investment advice. Accordingly, you should not regard any proposed trades, suggested investment strategies, investment parameters, or other written or oral communications from us as investment recommendations or advice or as expressing our view as to whether a particular trade, investment strategy, or Trading Bot is suitable for you or meets your financial objectives. You must rely on your own judgment for any investment decision you make in relation to Trading Bots services. If you require investment or tax advice, please contact an independent investment or tax adviser. You acknowledge and agree that you have made your own independent analysis and decision when executing a trade and such trades are entered into without reliance upon any views, representations (whether written or oral), advice, recommendation, information, or other statements by us.

Availability of Trading Bot

We endeavor to make reasonable efforts to ensure that the Trading Bot is available at all times. However, you acknowledge and agree that the Trading Bot are provided to you over the internet and mobile networks which means the delivery, quality and/or availability may be subject to factors beyond our reasonable control which may include internet disruption and/or communication system failure. We are not responsible for any unavailability or difficulty in accessing the Trading Bot by you and any consequential losses.

We may update, modify, or adapt Trading Bot from time to time to enhance your experience. We are not responsible for any consequential downtime and any losses suffered by you.

Acceptable Use

When accessing or using the Trading Bot, you agree that you will not violate any law or any contractual, intellectual property or other third-party right or commit a tort, and that you are solely responsible for your conduct while using our Trading Bot. Without limiting the generality of the foregoing, you agree that you will not:

  • Use our Trading Bot in any manner that could interfere with, disrupt, negatively affect or inhibit other users from fully enjoying our Trading Bot, or that could damage, disable, overburden or impair the functioning of our Trading Bot or bring disrepute to our Trading Bot in any manner;

  • Use our Trading Bot to pay for, support or otherwise engage in any illegal gambling activities; fraud; market manipulation or abuse (including but not limited to your taking actions, or acting in concert with another user to take actions, on or outside the Trading Bot, which are intended to deceive or mislead other users, or artificially control or manipulate the price or trading volume of a Trading bot); money-laundering; or terrorist activities; or other illegal activities;

  • Use or attempt to use another user’s account without authorization;

  • Introduce to the Trading Bot any malware, virus, trojan worms, logic bombs, or other harmful material.

Suspension; Termination

In the event of any Force Majeure Event , breach of these Terms or any laws or regulations, or any other event that would make provision of the Trading Bot commercially unreasonable, we may, in our discretion and without liability to you, with or without prior notice, suspend your access to all or a portion of our Trading Bot and/or as may be required by applicable laws, file a suspicious transaction report with the relevant authorities or otherwise report to or inform the relevant authorities or take any other steps to protect our interests as we deem appropriate. We may also terminate your access to the Trading Bot in our sole discretion, immediately and without prior notice, and delete or deactivate your Trading Bot Account and all related information and files in such account without liability to you, including, for instance, in the event that you breach any term of these Terms. In the event of discontinuation of all Trading Bot or termination of your access to the Trading Bot or deletion or deactivation of your Trading Bot Account: (a) all amounts payable by you to we will immediately become due; (b) we may cancel any open orders or other transaction requests that are pending at the time of discontinuation or termination or deletion or deactivation; (c) we will, where possible, return any Funds stored in your Trading Bot Account and/or will use commercially reasonable efforts to provide you with a period of 90 days to transfer affected Funds from your Trading Bot Account, unless prohibited by applicable laws or regulations or by order of law enforcement or governmental authority, or we believes you have committed fraud, negligence or other misconduct; and/or (d) we may take such other steps as we deem necessary or desirable to protect its own interests. We are not and shall not be responsible or liable for any loss or damages incurred as a result of or arising from any actions taken under this section.

Discontinuance of Trading Bot

We may, in our sole discretion and without liability to you, with or without prior notice and at any time, modify or discontinue, temporarily or permanently, all or any portion of our Trading Bot, which may include but is not limited to suspending trading in or ceasing to offer Services or prohibiting use of the Trading Bot in or from certain jurisdictions.

Disclaimer of Warranties

Except as expressly provided to the contrary in writing by us, our Trading Bot are provided on an “As is” and “As available” basis. We expressly disclaim, and you waive, all warranties of any kind, whether express or implied, including, without limitation, implied warranties of merchantability, fitness for a particular purpose, title and non-infringement as to our Trading Bot, including the information, content and materials contained therein, to the fullest extent permitted by applicable laws.

You acknowledge that information you store or transfer through our Trading Bot may become irretrievably lost or corrupted or temporarily unavailable due to a variety of causes, including software failures, protocol changes by third-party providers, internet outages, force majeure event or other disasters including third-party Distributed Denial of Service attacks, scheduled or unscheduled maintenance, or other causes either within or outside our control. You are solely responsible for backing up and maintaining duplicate copies of any information you store or transfer through our Trading Bot.

Limitation of Liability

Except as otherwise required by law, in no event shall we, our directors, officers, members, employees, agents or contractors be liable for any special, indirect or consequential damages, or any other damages of any kind, including but not limited to loss of use, loss of profits or loss of data, whether in an action in contract, tort (including but not limited to negligence) or otherwise, arising out of or in any way connected with the use of or inability to use our Trading Bot, including without limitation any damages caused by or resulting from reliance by any user on any information obtained from us, or that result from mistakes, omissions, interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission or any failure of performance, whether or not resulting from a force majeure event, communications failure, theft of, destruction of or unauthorized access to our records, programs or services.

To the maximum extent permitted by applicable law, in no event shall the aggregate liability (including our directors, officers, members, employees, and agents), whether in contract, warranty, tort (including negligence, whether active, passive or imputed), product liability, strict liability or other theory, arising out of or relating to the use of, or inability to use the Trading Bot, or to these terms exceed the fees paid by you to us during the 12 months immediately preceding the date of any claim giving rise to such liability.

We have no control over, or liability for, the delivery, quality, safety, legality or any other aspect of any Trading Bots that you may adopt. We are not responsible for ensuring that a third-party buyer or a seller you transact with will complete a trade or transaction or is authorized to do so. If you experience a problem with any services purchased from, or sold to, a user using the Trading Bot, or if you have a dispute with such user, you should resolve the dispute directly with that user. If you believe a user has behaved in a fraudulent, misleading, or inappropriate manner, or if you cannot adequately resolve a dispute with a third party, you may notify the Help Center if you have any questions.

You acknowledge that there is no guarantee fund established or other arrangements in place to cover or compensate you for any pecuniary loss suffered by you as a result of any defaults by or the insolvency of any other users of the Trading Bot.

Indemnity

You agree to defend, indemnify and hold us harmless (and each of our officers, directors, members, employees, agents and affiliates) from any claim, demand, action, damage, loss, cost or expense, including without limitation reasonable attorneys’ fees, arising out or relating to (a) your use of, or conduct in connection with, our Trading Bot; (b) any Feedback you provide; (c) your violation of these Terms or any agreement incorporated by reference in these Terms; and/or (d) your violation of any rights of any other person or entity or of any laws and regulations including but not limited to anti-money laundering and countering the financing of terrorism laws and regulations. If you are obligated to indemnify us, we will have the right, in our sole discretion, to control any action or proceeding (at our expense) and determine whether we wish to settle it.

Intellectual Property

Except as otherwise indicated, the Trading Bot and its entire contents, (collectively, the "Trading Bot Contents"), including, but not limited to the bot software, text, data, information, material, files, artwork, video content and graphics are exclusively owned by Floki. The Trading Bot Contents are protected by copyright, trademark and other intellectual property laws and treaties. Floki reserves the right to change, update, discontinue, restrict or prevent access to The Trading Bot Contents at any time without notice..

Changes to Terms

We reserve the right, at our discretion, to modify or replace these Terms at any time.

Governing Law

These Terms shall be governed and construed in accordance with the laws of The Republic of Panama without regard to its conflict of law provisions.

Entire Agreement

These Terms contain the entire agreement and supersede all prior and contemporaneous understandings between the parties regarding the Trading Bot. These Terms do not alter the terms or conditions of any other electronic or written agreement you may have with Floki for any other Floki product or service or otherwise. In the event of any conflict between these Terms and any other agreement you may have with Floki, the terms of that other agreement will prevail only if these Terms are specifically identified and declared to be overridden by such other agreement.

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