Zelta (www.zelta.io) is an intermediary service Platform that provides its users with digital asset trading and related services.
These Terms & Conditions shall regulate the relationship between the following two parties:
I. Zelta, Zelta Global (also referred to as the Company, platform, site. website, we, us, our, or as appropriate)
II. Any person being either a natural person or a legal entity (also referred to as the Client, user, you, your, yourself, or as appropriate), who has successfully opened an account on or and agreed to the current terms and conditions during the registration process.
[A] ABOUT ZELTA
(i) The main function of Zelta, is to serve as a global online trading platform for digital assets. It provides customers with a trading platform as well as financial, technical, and other digital asset-related services.
(iii) Users may request the withdrawal of Digital Assets, subject to the limitations outlined in these Terms. If a user’s account is found to violate any of the terms & conditions of this agreement; Zelta has the right to freeze the account and reject the withdrawal of the funds.
(iv) Depending on your country of residence, you may not be able to use all the functions on Zelta. It is your obligation to abide by these guidelines and any laws that may be in force in your home country and/or anywhere you access the Platform and Services.
(v) You agree to be bound by the terms of this Agreement by clicking the "Create Account" button or by accessing or using the Services. You also agree to accept all of its terms and conditions. You should stop using any element of the Service or accessing the Sites right away if you do not wish to be bound by these terms and conditions.
(vi) The Platform hereby reminds users to carefully read and fully understand the terms and conditions of this Agreement, particularly those terms and conditions that exclude or limit the Platform's liability and exclude or restrict the Users' rights and interests. Users must carefully read this Agreement before accepting or rejecting it.
(viii) By creating an account on the Website, you formally accept this Agreement. You and the Company bind themselves legally and contractually once you accept the Agreement, subject to the Company's final approval.
IF YOU HAVE ANY OBJECTIONS TO ANY OF THESE TERMS AND CONDITIONS OR ANY PART OF THEM, AND/OR DO NOT AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS, OR ANY PART OF THEM, DO NOT ACCESS AND/OR USE SERVICES IN ANY WAY.
(ix) The company reserves the right to alter, amend, or modify this Agreement from time to time as required by the company and its legal team. The company is not liable to notify the users directly by email about the changes made in this agreement, therefore, it is the Client’s responsibility to check the website regularly to ensure that he/she complies with the current version of the terms and conditions to use Zelta.
(i) The market for digital assets is still emerging and unproven; it may or may not grow.
(ii) None of the financial institutions, businesses, or websites that make up the Sites offer the digital assets themselves.
(iii) Digital assets are mostly employed by speculators, and they are used in the retail and business markets much less frequently.
(iv) Transactions involving digital assets are quite risky since their prices can fluctuate greatly because they are exchanged continuously throughout the day, depending on market makers and worldwide government regulations.
(v) Cryptocurrencies such as Bitcoin and Ether are unlike traditional fiat currencies, goods or commodities in the market and are subject to unique risks. Unlike other traditional fiat currencies, cryptocurrencies are decentralized and are not backed by a central bank, government, or other legal entities. Cryptocurrencies currently remain largely unregulated. As such, the value of cryptocurrencies may rise and fall depending on the market, the confidence of investors, competing currencies, regulatory announcements or changes, technical problems, or any other factors.
(vi) Due to the significant risks of trading cryptocurrencies as well as the impact of technology and the international market, Zelta cannot warrant or guarantee that a particular type of cryptocurrency will be available on our Sites and Services. We retain the right to suspend providing services related to a certain cryptocurrency on our platform. If we stop offering services or supporting trading for a specific cryptocurrency, we will try our best to let you know. If so, you won't be able to exchange that kind of cryptocurrency for any other sort of currency. You will have the choice to transfer the cryptocurrency, nevertheless, to another user, platform, or outside websites. Please be advised that if you choose to move the cryptocurrency to another user, platform, or a third-party website, you will be responsible for any charges spent by you.
(vii) Once cryptocurrencies have been transferred from our sites to another site, device, platform, wallet, or user, we are no longer liable or responsible for them. Any cryptocurrency that has been transmitted to an unreliable or incompatible wallet address is not our responsibility, and we will not be held accountable for it.
(viii) As we do not identify the counterparty to any transactions you make, we strongly recommend that you do not send cryptocurrency to any persons you do not personally know or completely trust, as, once sent, the transaction cannot be reversed. It is important for you to take precautions when transferring and storing your cryptocurrencies and/or digital assets whether on our platform or through other sites, wallets, or devices.
(ix) We take no responsibility for the misappropriation or theft of your cryptocurrencies and digital assets. To store your digital assets, including cryptocurrencies, we strongly urge that you become familiar with and use a personal wallet service or another device. We also strongly advise that you take other security precautions. When working in a digital environment, always take extra care and precaution to secure your credentials.
(x) Trading in digital assets is quite risky, making it inappropriate for the majority of consumers. You accept and understand that investing in digital assets runs the risk of losing all of your money, hence it is highly advised that you choose the amount of your investment based on your ability to absorb the loss.
(xi) You acknowledge and understand that digital assets are a risky investment. Therefore, if you have any doubt, you are strongly advised to seek assistance from a professional advisor and seek relevant professional advice.
(xii) Furthermore, in addition to the risks mentioned above, there may be other unforeseeable risks. Hence, you should carefully consider and use rational judgment to assess your financial situation and the aforementioned risks before making any decisions on transacting digital assets; any and all losses incurred as a result will be borne solely by you, and Zelta will not be held liable in any way whatsoever and however.
(xiii) You understand that our Platform is only intended to provide services where you as a user can obtain digital asset information, trade your digital assets, and find counterparties for trading. Zelta does not participate in any of your transactions, hence, you must carefully assess the authenticity, legality, and validity of the relevant digital asset/assets and or information at your sole and absolute discretion. Any losses borne by you are solely your responsibility.
(xiv) Every opinion, information, discussion, analysis, pricing, recommendation, and any other piece of data on Zelta’s websites and socials, is a general market overview and does not represent investing, financial, tax, or other expert advice. Any loss, including but not limited to any loss of profits, resulting directly or indirectly from or in connection with the aforementioned information is not our responsibility.
(xv) Zelta reserves the right and sole discretion to choose to, alter or modify any of the platforms content, information, data, features, and services. Although we have taken reasonable steps to ensure the accuracy of the information on the Sites, we cannot and do not guarantee the level of accuracy of the information, nor can we be held liable for any loss resulting directly or indirectly from or in connection with the information on the Sites, or from any delay or failure caused by a failure to connect to the internet, transmit, or receive any notices and information.
(xvi) Risks associated with using internet-based trading systems include, but are not limited to, hardware, software, and internet link problems. Since we have no control over the internet's dependability and accessibility, we disclaim all liability for any distortion, delay, or link failure.
(xvii) You are prohibited from using the Sites or any aspect of the Services for any illegal transactions, acts, or endeavors, including but not limited to money laundering, supporting terrorism, smuggling, and commercial bribery. We reserve the right to hold responsible parties accountable and will take all appropriate measures, including but not limited to freezing the offender's account and alerting the appropriate authorities, in the event that any illegal transactions, activities, or illegitimate activities are suspected or discovered.
(xviii) You may not engage in unlawful transactions, intentional market manipulation, or any other illegal trading activities using Zelta’s platform or any portion of our Services. We will take preventative and protective steps against any and all such malicious manipulation activities, including maliciously affecting the trading system and any other illegal behaviors, including warning messages, trading limits, and account closures. However, we disclaim all responsibility for these actions and reserve the right to hold responsible parties accountable.
(xix) You acknowledge and agree that we will be regarded to have delivered the information to you even if we publish information on the site, on our socials, community groups, or email it to you but you somehow fail to get it.
[C] ACCOUNT REGISTRATION & ELIGIBILITY
(ii) The Users who are individuals must be natural persons who are at least 18 years old or who are recognized as such by the law of the nation in which they are located and who are fully capable of exercising their civil rights and carrying their own civil liabilities.
(iii) Zelta may refuse, in its discretion, to open a Zelta Account for you.
(iv) In the event that you are accessing our Platform and/or Services on behalf of any incorporation, partnership, association, organization, or any other entity type; your continued access to our Site and/or Services shall constitute your representation to us that you have been duly authorized by such Entity to use Zelta and our Services, perform any transactions or activities thereon, and to therefore bind your Entity to this Agreement and to any such transactions or activities that you have performed.
(v) When registering on Zelta for an account, you agree to submit complete and correct information. You also agree to promptly update any information you give Zelta in order to keep it accurate and up to date.
(vi) Each User (including a natural person, business, or legal entity) may maintain only one main Zelta account at any given time.
(vii) When creating a Zelta account, you represent and warrant that:
(viii) The United States of America, Mainland China, Canada, Malaysia, Malta, Cuba, Iran, North Korea, Sudan, Syria, Crimea Region, Spain, Bolivia, and other countries are among the restricted locations. Please be aware that we reserve the right to set restrictions or discontinue offering specific or all services to users in particular locations for the purposes of this clause.
(ix) The list of the Restricted Locations may occasionally be updated by us without prior notice to you and at our sole discretion. It is your obligation to regularly check the website to become familiar with the list of Restricted Countries/Locations, and should you find yourself in any of them; it is solely your responsibility to stop using our Platform and Services right away.
(x) You are assumed to have accepted all of the terms and conditions by checking the "I agree" boxes while registering on Zelta. You will then have full permission to use all Services, including but not limited to placing orders, checking relevant data, and conducting rational trading activities.
(xi) You agree to submit accurate, up-to-date, and comprehensive information to Zelta, and you also agree not to falsify, materially omit, or offer misleading information, including but not limited to using someone else's phone number or email address, and personal information.
(xii) You are not permitted to use the website or its services to engage in spoofing, wash trading, or any other form of trading fraud. We reserve the right to respond to such conduct by adopting an appropriate consequence, which may include, but is not limited to, account blocking, asset freezing, escrowing of illicit gains, service suspension, and trading eligibility revocation. If your actions hurt us, we have the right to sue you and demand compensation from you.
(xiii) When you create an account on Zelta, you agree to:
[D] RIGHT TO CEASE SERVICES:
(i) Zelta has the right to suspend/0/freeze/terminate your account, or deny the processing of any digital asset transaction at any time if we notice or determine that you have violated the terms of this agreement or any part of the applicable laws in either our or your jurisdiction.
(ii) We reserve the right to immediately suspend or terminate usage of your account and all related accounts if we determine, in our sole discretion, that you or a user of an associated account is not eligible for high-risk investment.
(iii) We reserve the right to reject your registration if you do not meet the registration requirements outlined in this Agreement. In the event that you have already registered, we have the right to terminate your account with us and hold you or your designated agent liable. Additionally, we reserve the right to accept or reject your registration application in any situation.
(iv) We reserve the right to promptly suspend or terminate a user's access to an Account if it is determined that they are not the Account's original registrant.
(v) If we reasonably suspect that the information you provide is wrong, untrue, invalid or incomplete, we shall have the right to notify you to correct or update the information or suspend or terminate its supply of the services to you.
(vi) We may take any measures that we deem reasonable and necessary in our sole discretion, including but not limited to suspending, limiting, or terminating your access to some or all of the Service and Platform. Deactivating or terminating your Account with immediate effect, or canceling, suspending, blocking, putting on hold, or refusing to complete a transaction involving digital assets if we reasonably believe that doing so is necessary for us to do so in order to comply with our legal obligations.
(vii) We may cooperate with relevant government authorities and judicial authorities to freeze, forfeit and transfer digital assets in your account to a designated account as directed by these authorities where we consider appropriate.
[E] SERVICE INTERRUPTION OR FAILURE
(i) You as a user acknowledge that due to the nature of the Internet, the Platform does not guarantee that services will not be interrupted, nor does it guarantee the timeliness and/or security of the services.
(ii) If the system is unable to operate normally due to any event, as a result of which the users cannot use any of the Platform services or their use of the services is adversely affected, Zelta shall not be held responsible to the Users or any third party or any losses incurred.
(iii) Since the platform is online and a technological product, there are always maintenance activities, schedule upgrades, and at times unscheduled downtimes that are required and unavoidable. Zelta is not liable for any losses or inconveniences caused in such events.(iv) There could be other reasons for the platform to have interruptions and not function to the complete capacity or at times have a downtime. This could be in but not limited to either of the following scenarios:
[F] SCOPE & LIMITATION OF RESPONSIBILITIES
(i) The Platform does not provide any form of guarantee for any Platform services that do not meet the user's needs or requirements.
(ii) Zelta offers no guarantees of any kind for any Platform services without any interference or error.
(iii) The Platform doesn't offer any kind of guarantee that all the calculation results of transactions have been duly verified by the Platform; the corresponding calculation methods will be publicized on the Platform, but the Platform cannot guarantee that there is no error or interference in such calculation.
(iv) As a user you agree and acknowledge that under no circumstance will Zelta be held responsible for any of the following events:
(v) The Users understand and agree that under no circumstances, shall the Platform be required or obliged to indemnify the Users for all or part of their losses, including (without limitation):
(vi) The Platform's content may reference other websites that are third-party owned, controlled, or run. The legitimacy and veracity of any information on Third-party Websites cannot be guaranteed by the Platform, and it is not its responsibility to do so.
(vii) Written or verbal advice or information obtained by Users from the Platform, its staff, or through Platform services does not represent a warranty for those services.
(viii) The Platform does not guarantee the accuracy, validity, security, or integrity of the external links that it lists in order to provide convenience to the Users. Furthermore, the Platform does not assume any responsibility for the content on any web page that such external links may point to and that is not actually controlled by the Platform.
(ix) To the extent permitted by law, the Platform shall not be held liable in any manner whatsoever for any indirect, punitive, special and derivative losses (including business losses, loss of profits, loss of user data or other economic benefits) in connection with or arising from this Agreement, or arising from using the Platform, or from using any of the information, content, materials, products (including software) and services provided to the Users through the Platform, or from the purchase and use of products, regardless of how they arise, and regardless whether they arise due to any breach of this Agreement (including any breach of the guarantees or undertakings hereunder) or infringement. In addition, even if the exclusive relief provided in this Agreement does not achieve its basic purpose, the Platform shall also be excluded from any liability for the above losses.
(x) Under any circumstances, the total liability of the Platform for breach of agreement under this Agreement shall not exceed the total amount of service fees charged on the services provided to the Users for the current digital asset transaction.
(xi) Under any and all circumstances, if a user breaches this Agreement or any of the laws and regulations of the country where the user is located, and consequently causes any damage to the Platform, the user shall indemnify the Platform against any and all direct and/or indirect losses; also including and not limited to litigation costs.
(xii) Zelta is not responsible for any typographical errors or negligence that was not our intention. To prevent risks, you should rely on your own judgment to separate the real from the untrue.
(xiii) You are in charge of assessing if or which laws, including any tax-related legislation, might apply to you. Any taxes resulting from your use of our Services and Sites are exclusively your responsibility to record and pay.
(xiv) During periods of market volatility, high volume trades, fast movement, and illiquidity in the market, the market rate in which you buy, sell or trade digital assets may be different from the price indicated on our Sites and as such we will be unable to execute your order and will return the funds to your account. We will not be liable for any price variation due to market volatility, market or technology disruptions, delays, or any other matters that are outside our control. If the market rate significantly rises or falls, or if there is a market interruption or other uncontrollable occurrence, we may rationally decide not to execute a trade. If this happens, we may cancel your buy or sell order and credit your account with the money.
(xv) Upon the registration of your account with Zelta, it shall be deemed that you approve any and all operations performed by us in accordance with the rules set forth in this Agreement, and any and all risks arising from such operations shall be assumed by you.
(xvi) Under no circumstances can our liability for direct damages to you exceed the aggregate cost of your three-month use of our services.
[G] INDEMNIFICATION & LIMITATION OF LIABILITY
(i) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL ZELTA , ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS BE LIABLE FOR ANY INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR SIMILAR DAMAGES OR LIABILITIES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF DATA, INFORMATION, REVENUE, PROFITS OR OTHER BUSINESSES OR FINANCIAL BENEFITS) ARISING OUT OF ZELTA’S SERVICES, ANY PERFORMANCE OR NON-PERFORMANCE OF ZELTA’S SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF ZELTA AND ITS AFFILIATES, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY EVEN IF ZELTA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES EXCEPT TO THE EXTENT OF A FINAL JUDICIAL DETERMINATION THAT SUCH DAMAGES WERE A RESULT OF ZELTA’S GROSS NEGLIGENCE, FRAUD, WILLFUL MISCONDUCT OR INTENTIONAL VIOLATION OF LAW. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.(ii) NOTWITHSTANDING THE FOREGOING, IN NO EVENT WILL THE LIABILITY OF ZELTA, ITS AFFILIATES, AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS ARISING OUT OF SERVICES OFFERED BY OR ON BEHALF OF ZELTA AND ITS AFFILIATES, ANY PERFORMANCE OR NON-PERFORMANCE OF ZELTA SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY, EXCEED THE AMOUNT OF THE FEES PAID BY YOU TO ZELTA UNDER THESE TERMS. (iii) BY REGISTERING TO USE ZELTA AND ITS SERVICES YOU AGREE TO INDEMNIFY AND HOLD HARMLESS ZELTA OPERATORS, ITS AFFILIATES, AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS, FROM OR AGAINST ANY CLAIMS, ACTIONS, PROCEEDINGS, INVESTIGATIONS, DEMANDS, SUITS, COSTS, DAMAGES (INCLUDING ATTORNEY FEES, FINES OR PENALTIES IMPOSED BY ANY REGULATORY AUTHORITY) ARISING OUT OF OR RELATED TO:
[H] RISK DISCLOSURE
(i) Trading in digital assets can be extremely risky. The markets for trading in digital assets are extremely volatile and subject to sudden changes.
(ii) Due to an attack, a glitch, a hard fork, or other unforeseen circumstances, the blockchain networks could go down.
(iii) Service outages could result from sophisticated cyberattacks, unanticipated activity spikes, or other operational or technical issues.
(iv) You are solely responsible and liable for any and all trading and non-trading activity on your account on Zelta and fully responsible for safeguarding access to your account and any information provided through the site.
(v) As a user registering on Zelta, you acknowledge and agree that no transaction through the Platform is free from the following risks, and the Platform cannot and does not have the obligation to be responsible for the following risks:
(vi) Transactions involving digital assets are incredibly risky, making them unsuitable investments for the majority of people. The Users should choose the quantity of their investment or transactions depending on the extent of losses they can afford because they are aware and accept that part or all of their investment in trading digital assets may be lost. Users are solely responsible for any losses caused by their choice, and the Platform is not liable for any investment or trading decisions made by Users.
(vii) The Platform makes no stated or implied promises on the applicability, absence of mistakes or omissions, continuity, correctness, reliability, and/or fitness for a particular purpose of the Platform services for its Users. Furthermore, Zelta does not make any undertaking and guarantee in connection with the validity, accuracy, correctness, reliability, quality, stability, integrity, and timeliness of the technologies and information involved in the services provided by the Platform.
(viii) The aforementioned provisions do not cover all of the dangers and market conditions to which Users may be exposed while transacting over the Platform. Before deciding on a transaction, Users should have a thorough understanding of the relevant digital assets, use caution when making decisions based on their own transaction goals, risk tolerance capacity, and asset state, and take full responsibility for all associated risks.
(i) As a user when you register on Zelta, you agree to service fees that the platform charges.
(ii) When a user utilizes a platform service, you authorize Zelta to deduct the applicable fees from your wallet on the platform.
(iii) The Platform retains the right to independently set and modify the prices for Platform service fees.
[J] INTELLECTUAL PROPERTY
(i) All content on the platform, including works, images, archives, information, materials, platform architecture, the layout of the platform screen, platform design, text and graphics, software compilation, the relevant source code, and software, is protected by intellectual property rights, including trademark, patent, copyright, and trade secret rights. These rights are legally owned by the Platform or other right holders.
(ii) No one is permitted to use, alter, copy, publicly disseminate, change, distribute, release, or publicly publish the Platform software or material without the written agreement of the Platform or other right holders.
(iv) Users are not permitted to use any method to obtain any trademarks, logos, or other proprietary information (including pictures, text, web designs, or forms) of the Platform or any of its connected entities without the Platform's express prior authorization. Users are not permitted to utilize the name or brand of the Platform or its connected firms in meta tags or any other types of "hidden content" without the express written approval of the Platform. The permit or license issued by the Platform shall be terminated for any such unlawful use.
(v) The Platform website, in whole or in part, may not be reproduced, duplicated, sold, resold, accessed, or otherwise utilized for any commercial purpose without the express written authorization of the Platform.
(vi) The Platform expects its users to respect intellectual property rights, and should they violate any of these rights, they will be held legally responsible for the Platform, including paying any resulting costs in damages.