Terms and condition
1. Objectives
It is the goal of Better Invest Crypto 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
Better Invest Crypto 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 this point users will have full control over their account. Users are the full and sole owner of their exchange, trading, retirement and investment accounts and carry all responsibilities that come with opening, holding, and managing such accounts.
2.2 Asset allocation
Better Invest Crypto uses dynamic, proprietary algorithms to define and perform portfolio allocation, based on user input. Manual trades or transactions conducted by users may limit Better Invest Crypto’s account monitoring and reporting ability.
2.3 Fund deposits and withdrawals
Users are responsible for depositing and withdrawing funds to-and-for from their account, however Better Invest Crypto will provide clear instructions on how to do so smoothly.
2.4 Account monitoring and reporting
Better Invest Crypto will continuously monitor user accounts and provide users with a dashboard, easy to understand portfolio and performance details. Better invest Crypto also have the right and legal power to suspend and in some cases shut down indefinitely any user who is indebted to its platform.
3. Fees
3.1 Fee structure
Better Invest Crypto offers different plans and performance fee.
If you choose any performance fee plan, you will have to pay a subscription fee of $4,999. This is a semi-annual subscription after which we won’t charge you anything until you hit 50% profit. The moment that happens Better Invest Crypto will charge you a 10% performance fee over the realized gains, and the baseline is set to the portfolio value. For example: you invest $30,000 and after a while your portfolio is worth $45,00 which is a (50% profit). You will receive an invoice for the amount of $1,500 and the baseline is set to $45,000 To hit 50% again, your portfolio needs to reach $67,500 again then the 10% profit is charged. ($67,500 + 10%).Also if a user portfolio is approaching the $100,000 mark, such users will have to pay $5,900 for an upgrade of their account to allow them to continue trading and avoid any interruption. But if a user starts their trading account with an initial deposit of $100,000 the charge will be added during the initial period of deposit.
Our customers especially like the no-profit-no-pay model as it means that Better Invest Crypto only gets paid if the customer wins. We like this also.
3.2 Promotions
Better Invest Crypto reserves the right to apply promotional discounts to the fees listed under 3.1. This is completely at Better Invest Crypto’s discretion. Users can request for a withdrawal of retirement funds at any giving time. Note: Once any withdrawal is made on users retirement account the profit accumulation on that account stops immediately. The retirement account runs on a fixed deposit. We have 3 stages on retirement fixed deposit account and profit accumulation. (1) Annually: If you choose to fix your retirement account annually, You will receive 40% of your total retirement as profit annually. For example if you have $100,000 in your retirement account you would get $40,000 extra yearly. (2) Semi-Annually. For Semi-Annually its 25%. (3) Quarterly: For quarterly is 10%.
3.3 Other fees
Better Invest Crypto does not charge any additional or hidden fees. For any transaction or trading fees that may be charged by other cryptocurrency exchanges or banks, users accept full responsibility.
4. Security
4.1 Infrastructure
Better Invest Crypto is powered by Google Cloud. Google Cloud helps reduce the cost, complexity, and risk associated with security and compliance in the cloud.
4.2 Exchanges
Better Invest Crypto thoroughly vets its partners and only works with major “top-10” exchanges. User funds remain on their personal exchange account and interactions between Better Invest Crypto 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
Better Invest Crypto does not provide financial advice. Better Invest Crypto is not 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 Better Invest Crypto, users should seek the advice of a qualified investment professional and undertake their own due diligence. Better Invest Crypto is not responsible for any investment decision made by users.
5.2 Warranties
Better Invest Crypto 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. Better Invest Crypto 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
In no event can Better Invest Crypto or any of its owners be liable to users or any party related to users for any indirect, incidental, consequential, special, exemplary, or punitive damages, lost profits, or losses, even if Better Invest Crypto has been advised of the possibility of such damages. In any event, Better Invest Crypto’s total aggregate liability to users for all damages of every kind and type (regardless of whether based in contract or tort) shall not exceed the fees paid to Better Invest Crypto for the use of our 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 Better Invest Crypto services, users should carefully consider their investment objectives and risk appetite. The possibility exists that users lose some.
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. Better Invest Crypto is not responsible for any losses incurred as a result of using Better Invest Crypto’s advisory services.
7. Privacy
Better Invest Crypto is fully compliant with GDPR (General Data Protection Regulation), an EU regulation enforceable as of May 25, 2018. Better Invest Crypto 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 agrees to not hold Better Invest Crypto liable for any realized trading loss in any currency or asset;
- User reserves the right to stop using Better Invest Crypto at any point;
- You agrees and warrants that any information provided to Better Invest Crypto is accurate and complete;
- User agrees that Better Invest Crypto is offering a Software as a Service (SaaS). This means that Better Invest Crypto monitors user accounts on users’ behalf on exchanges that are not affiliated with Better Invest Crypto;
- User agrees to take full responsibility for identifying and paying any tax liabilities that may exist as a result of trading, or Better Invest Crypto 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;
- Better Invest Crypto reserves the right to terminate or deny service to anyone, at any time, for any reason