Terms of Vault
Introduction
Welcome to Copin's Vault Copy Trading feature. By depositing USDC(Arbitrum) and interacting with our Vault, managed by our Data Analytics team, you agree to the terms and conditions outlined here. Please read these terms carefully before participating.
Eligibility
To participate in the Vault, you must:
Be at least 18 years old or the legal age in your jurisdiction.
Own a valid MetaMask wallet.
Hold USDC tokens compatible with Arbitrum.
Vault Operations
Deposit Mechanism: Users can deposit USDC (Arbitrum) directly via MetaMask wallet into the Vault, which interacts with smart contracts to manage assets.
Data Analytics Management: The Vault is overseen by Copin’s Data Analytics team, who manage and optimize copy trading strategies.
Smart Contract Interaction: All funds deposited into the Vault are controlled by smart contracts. By participating, you acknowledge the inherent risks associated with smart contracts and blockchain technology.
Risks
Blockchain Risks: You acknowledge that interacting with the Vault involves risks such as smart contract vulnerabilities, technical failures, or network congestion. Copin is not responsible for any losses resulting from these risks.
Market Risks: All trading activities through the Vault are subject to market fluctuations. Past performance does not guarantee future results. Users should only deposit funds they are willing to lose.
Loss of Funds: In certain scenarios, including but not limited to, mismanagement of strategies, market volatility, or smart contract issues, you may lose part or all of your funds. Copin will not be liable for any such losses.
Fees and Costs
Management Fees: Copin may charge a percentage-based fee for managing the Vault. This will be deducted from your profits or deposits at regular intervals.
Profit Sharing Fees: In case of profitable trading, Copin reserves the right to charge a performance fee as specified in the platform.
Execution fee: This is the transaction fee incurred when the Vault executes copy trading orders from traders. It is charged based on the fees of the trading platforms.
User Responsibilities
Security of Wallet: You are solely responsible for securing your MetaMask wallet and the private keys associated with it. Copin will not be liable for any unauthorized access or loss of funds due to security breaches on your part.
Compliance: You are responsible for complying with applicable laws and regulations in your jurisdiction when interacting with the Vault.
Termination and Withdrawal
Withdrawal Rights: You may withdraw your USDC after 7 days. Withdrawals will be processed through smart contracts, and delays may occur due to blockchain congestion.
Termination: Copin reserves the right to terminate the Vault or suspend user participation at any time, with or without prior notice.
Disclaimer of Warranties
Copin provides the Vault "as-is" without warranties of any kind, either express or implied. We do not guarantee continuous, error-free, or secure access to the Vault.
Limitation of Liability
Copin, its affiliates, or its partners will not be liable for any direct, indirect, incidental, or consequential damages, including but not limited to loss of funds, data breaches, or trading losses, arising from your use of the Vault.
Amendments
Copin reserves the right to amend or update these Terms at any time. Users will be notified of significant changes through the platform, and continued use of the Vault after such changes constitutes acceptance.
Contact Us
For any questions or support, please contact our team at hi@copin.io or via telegram group: https://t.me/Copin_io
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