ACCEPTANCE OF TERMS

1. 1. 1. Thank you for choosing QuidPro Trading Proprietary Limited (“QuidPro”, “we” “us” or “our”). The following Terms and Conditions and Privacy Policy (which incorporates our cookies policy) (together, the “Terms”) apply to any person or entity (“you” or “your”) that registers for and/or opens an account with QuidPro (a “QuidPro Account”) through www.quidpro.co (the “Website”) or any associated mobile applications, website, or APIs (together, the “QuidPro App”).
      2. These Terms constitute a legally binding agreement between you and QuidPro, which is a company incorporated under the laws of South Africa. For further information on QuidPro, and its operating subsidiaries, please see the Company Information page on the QuidPro Website.
      3. By registering for and opening a QuidPro Account, you unconditionally accept these Terms and agree to be bound by and act in accordance with them. You also accept and agree that you are solely responsible for understanding and complying with all laws, rules, regulations and requirements of the jurisdiction in which you live that may be applicable to your use of the QuidPro App and/or your QuidPro Account, including but not limited to, those related to export or import activity, taxes or foreign currency transactions.
      4. Please read these Terms carefully before using the QuidPro App because they affect your legal rights and obligations.

AMENDMENT OF TERMS

1. 1. 1. QuidPro may amend these Terms from time to time. You should visit the QuidPro  Website regularly to check when these Terms were last updated and to review the then current Terms. We may from time to time notify you of any amendments to these Terms that we consider likely to materially affect your rights and obligations. Any such notice will be posted on the QuidPro App or sent by email to the address associated with your QuidPro Account. It nonetheless remains your duty to visit the Website regularly to check for amendments to these Terms
      2. The continued use of your QuidPro Account, after any amendment to these Terms, constitutes your acceptance of these Terms, as modified by such amendment. If you do not accept these Terms, or any amendment to them, you must immediately stop using the QuidPro.co App and your QuidPro Account.

ELIGIBILITY

1. 1. 1. By opening a QuidPro Account, you expressly warrant and represent that:
         1. you are 18 years of age or over and have full capacity to accept these Terms and enter any transaction available through the QuidPro App;
         2. you will not open, or attempt to open, a QuidPro Account under any name except your own nor use your QuidPro Account to carry out transactions on behalf of a third party;
         3. you will not have more than one QuidPro Account, use or access any QuidPro Account other than your own, or assist any other person in obtaining unauthorised access to any QuidPro Account;
         4. you will provide security for transactions carried out through your QuidPro Account by ensuring there is sufficient Digital Currency in your Binance Account to allow the bot to run; 
         5. you will not use your QuidPro Account for or in relation to any illegal activity, any Prohibited Activity, in violation of any laws, statutes, ordinances or regulations;
      2. Any capitalised terms used in this Eligibility clause shall have the meaning given to them in these Terms. Reference in these Terms to “Digital Currency” means Crypto Currency (e.g. BTC, ETH).
      3. By opening a QuidPro Account you accept and agree that QuidPro may, without further notice and in its sole discretion, terminate, suspend or restrict your account if it is used, or who we reasonably suspect may be using, the QuidPro App or any QuidPro Account in a manner that is inconsistent with the letter or spirit of these Terms.

RISKS

1. 1. 1. Before using the QuidPro App, you must ensure that you understand the risks involved in buying, selling or trading digital currencies. Digital currency markets can be volatile and prices can fluctuate significantly, which could result in sudden and significant increases or decreases in the value of your assets. This market volatility and other risks involved in buying, selling or trading digital currencies are explained on the risk warning page of the Website. There may be additional risks not identified in these Terms or in the risk warning.
      2. You should carefully assess whether your financial situation and risk tolerance is suitable for buying, selling or trading digital currency. You accept and agree that you are solely responsible for any decision to buy, sell, trade or otherwise hold or deal with digital currency.

ELECTRONIC COMMUNICATIONS

1. 1. 1. You accept and agree that:
         1. any communications, agreements, notices and/or any other documents (together “Communications”) relating to your QuidPro Account or your use of QuidPro’s services will be provided to you electronically by posting them on the QuidPro App, emailing them to the email address you have provided to us, or through any other form of electronic communication. You consent to receiving all Communications electronically;
         2. you will at all times have available to you, the necessary hardware and software to receive, access and retain Communications sent to you electronically, including a device with an internet connection and a valid and accessible email address; and
         3. you assume full responsibility for providing QuidPro with a valid and accessible email address to which any Communications may be sent, and for ensuring that email address and any other contact information is kept up to date. Any Communication sent to the email address you have provided to us will be deemed to have been received by you. You can amend your contact information by signing-in to your QuidPro Account and accessing your Profile Settings page.
      2. You may at any time withdraw your consent to receiving Communications electronically by contacting support@QuidPro.co. You acknowledge that your failure to give, or withdrawing, consent to receive Communications electronically puts the security of your QuidPro Account at risk (see Account Security) and that QuidPro reserves the right to close your QuidPro Account in the event you fail to give, or withdraw, your consent to the receipt of Communications electronically.

IDENTITY VERIFICATION

1. 1. 1. QuidPro implements customary Know Your Customer (“KYC”) processes and controls as part of our commitment to combating fraud and assisting in the prevention of money laundering and terrorist financing. While our industry is largely unregulated, QuidPro voluntarily adheres to certain local and international compliance standards in relation to customer due diligence.
      2. To ensure we meet these standards and prior to our opening your QuidPro Account, you are required to provide certain personal details and documents when opening a QuidPro Account (“Identity Verification”). The nature and extent of the Identity Verification required will depend upon which of our supported countries you are resident in. In certain circumstances, QuidPro may also perform enhanced due diligence (“EDD”) procedures in relation to your QuidPro Account. You accept and agree that you will remain subject to such procedures at all times.
      3. QuidPro reserves the right to, at any time:
         1. restrict or suspend your QuidPro Account when we, in our sole discretion, consider it necessary to carry out further Identity Verification and/or EDD; or
         2. terminate your QuidPro Account if you provide, or we suspect you have provided false information or refuse to provide information we require for Identity Verification and/or EDD.
      4. You accept and agree that there may be delays in accessing your QuidPro Account, or in carrying out transactions through your QuidPro Account, while we undertake any Identity Verification and/or EDD procedures.
      5. QuidPro is required to retain certain information and documentation obtained as part of the Identity Verification and EDD procedures. These requirements apply even when you have terminated your relationship with QuidPro. We reserve the right to keep such information and documentation for the required period and you accept and agree that information and documentation you provide to QuidPro may be retained by us, including following the closure of your QuidPro Account.

THE QUIDPRO TRADING BOT

1. 1. 1. QuidPro makes use of a software-based algorithm that allows users to automate their Trading Strategies. 
      2. The QuidPro Trading Bot allows you to link your QuidPro Account to your Binance Account. You will be able to buy, sell and autonomously trade digital currency (together, “QuidPro Trades”).
      3. The QuidPro Exchange is an automated trading platform for digital currencies that is intended for use by customers with experience in and/or knowledge of similar platforms. Any person using the QuidPro Exchange does so entirely at their own risk.
      4. If using QuidPro Trading Bot for any purpose, you agree and accept that:
         1. all trades executed by the QuidPro Trading Bot, are executed automatically, based on your Bot settings and cannot be reversed; and
         2. Manual Buy and Manual Sell Trades are executed as per your user instructions, generated by your user actions in the QuidPro App.
         3. all trading by your QuidPro Trading Bot is subject to QuidPro’s and Binance’s independent fee structures, as set out on the Fees and Features page of the Website (www.quidpro.co) and Binance.com websites respectively. By using the QuidPro Trading Bot, you accept and agree to all applicable fees; and
         4. QuidPro makes no guarantee that the QuidPro Trading Bot will be available without interruption nor that there will be no delays, failures, errors, omissions or loss of transmitted information nor that any order will be executed, accepted, recorded, or remain open.
      5. QuidPro may, at any time and in our sole discretion, refuse any trade, impose limits on the trade amount permitted, or impose any other conditions or restrictions upon your use of the QuidPro Trading Bot that we deem necessary. We may, for example, limit the number of open orders that you may establish or restrict trades from certain locations. QuidPro reserves the right to take such action without prior notice.

THE QUIDPRO TRADING BOT PORTFOLIO

1. 1. 1. The QuidPro Trading Bot Portfolio allows you to view the coins that you currently own / holding in your Trading Bots Portfolio. If your Trading Bot is live and it is linked to your Binance Account, the Live Trading Bot Portfolio will reflect the coins that you have in your Binance Account. 
      2. The QuidPro Trading Bot is only available in relation to the digital currencies that Binance, in its sole discretion, decides to support (each a “Supported Digital Currency”). The Supported Digital Currencies may change from time to time. 
      3. Information about the Supported Digital Currencies can be found on the Binance.com website.
      4. Proceeds from the sale of Supported Digital Currencies will be credited to your QuidPro Portfolio, less any applicable fees (as explained in Fees, and on the Fees and Features page of the Website). 
      5. QuidPro will process your QuidPro Trading Bot Transactions according to your instructions. You accept and agree that QuidPro does not:
         1. guarantee the identity of any user, receiver, or other party to a QuidPro Bot Transaction. You are solely responsible for ensuring all transaction details are correct, and you should carefully verify all transaction information prior to submitting transaction instructions to QuidPro; nor
         2. have any control over, or any liability in relation to, the delivery, quality or any other aspect of any goods or services that you may buy from or sell to any third party. QuidPro shall not be responsible for, and will take no action in relation to, ensuring that any buyer or seller you transact with using your QuidPro Bot completes the relevant transaction or has the requisite authority to do so.
      6. You may receive Supported Digital Currency into your Binance Account by providing the sender with a receive address specific to your Binance Account. Your QuidPro Portfolio will only be credited with Supported Digital Currency sent to a receive address generated through your Binance Account and associated with that Supported Digital Currency. For example, your Binance Account will be credited with BTC when it is sent to a BTC receive address.
      7. In the event you know, suspect, or should reasonably know or suspect, that any digital currency has been credited to your Binance Account in error, you must immediately notify QuidPro of the error by submitting a ticket through the Help Centre. You accept and agree that you have no claim or entitlement to any digital currency received in error and must immediately return such funds in accordance with the instructions received from Binance.

DEPOSITS

1. 1. In order to allow your bot to perform Live Market Trades, you will need to own BTC in a Binance Account. You are solely responsible for your Binance Account, and it is up to you to ensure that you have sufficient funds available to trade by depositing funds into your Binance Account (each a “Deposit”). For more info on sufficient funds, see Minimum Portfolio Amount.
   2. You agree and accept that your failure to comply with our requirements in clause 9.1 may cause a delay in or failure of any Live Trades that your Trading Bot could be performing.
   3. When you request to make a Deposit through your Binance Account, you will be provided with a Deposit Address specific to your Binance Account. To permit timely and successful allocation of a Deposit to your Binance Account, you must use the Deposit Address generated by your Binance Account when you make a deposit by any Supported Binance Deposit Method. QuidPro will not be responsible for any delay in or non-allocation of Deposits to your Binance Account where you failed to specify the required Deposit Address.
   4. Deposits may take time to reflect in your Binance Account due to various blockchains processing times, operational processes, and/or failure by you to adhere to the Deposit Requirements. Under no circumstances will QuidPro have any liability to you in relation to any delay in or failure of a Deposit reflecting in your Binance Account.
   5. QuidPro will make all reasonable efforts to process Withdrawals each business day, in accordance with the Deposit and Withdrawal Schedule on the Website, but you accept and agree that QuidPro provides no guarantee in relation to the Withdrawal processing period.

 

MANUAL BUY OR SELL

1. 1. 1. QuidPro users may use the Manual Buy or Sell function to buy or sell a Supported Digital Currency at the quoted exchange rate.
      2. In using the Manual Buy or Sell service, you accept and agree that:
         1. when you make a Manual Buy or Sell order, QuidPro will facilitate the trade, in accordance with your instructions;
         2. QuidPro is not acting as your broker, intermediary, agent, adviser or in any fiduciary capacity and no information or communication provided to you by QuidPro in relation to a Manual Buy or Sell transaction will constitute advice;
         3. when you place an instruction to buy or sell Supported Digital Currency, we will provide you with a quoted exchange rate. The quoted exchange rate may differ from rates seen elsewhere on the QuidPro App, or on external sources, and you acknowledge that the quoted exchange rate is the rate that will apply to your order; and
         4. by proceeding with your Manual Buy or Sell transaction, you confirm that you accept the quoted exchange rate, including its components;
      3. QuidPro does not guarantee the availability of, or that there will be no delays or interruptions in or to, the Manual Buy or Sell function.
      4. Before confirming any Manual Buy or Sell transaction, you must ensure that the amount of Supported Digital Currency to be bought or sold is correct and that you agree to the quoted exchange rate. QuidPro cannot, and will not, reverse an executed order.
      5. QuidPro reserves the right to delay or refuse any Manual Buy or Sell transaction if, in our sole discretion, we perceive there to be a risk of fraud or illegal activity, or where we have reasonable grounds on which to suspect an error may have been made. QuidPro will have no liability to you in connection with any delay in or non-completion of a Manual Buy or Sell transaction.

FEES

1. 1. The fees applicable to transactions undertaken on the QuidPro App can be viewed on the Fees and Features page of the Website. QuidPro reserves the right to change our fees at any time and will update the Fees and Features page accordingly. In certain circumstances, and at our sole discretion, QuidPro may notify selected customers of a specific fee change, where we consider a change to be of particular relevance to such customers.
   2. You may be charged a fee to send Supported Digital Currency from your Binance Account and/or to receive Supported Digital Currency into your Binance Account. Fees will apply where Supported Digital Currency is bought or sold by your QuidPro Trading Bot.
   3. All Withdrawals from your Binance Account will incur a fee. Such fees are set out on the Fees and Features page of the Binance website. Such fees will be displayed in your transaction history upon completion of the transaction.
   4. The quoted exchange rate in relation to any buy or sell order placed using the Manual Buy and Sell function will include an amount to reflect QuidPro’s facilitation of the relevant trade, and an amount to reflect Binance’s processing of the relevant trade.
   5. QuidPro applies a Maker / Taker fee structure for customers using the QuidPro Exchange. Please consult the Fees page of the Website for further information on applicable Maker and Taker fees. QuidPro will, at the time of any transaction on the QuidPro Exchange, notify you of any fees that will apply to the transaction. By proceeding with any transaction, you accept and agree to the applicable fees. Such fees will also be displayed in your transaction history upon completion of the transaction. Any profits that are displayed in Real Time by the QuidPro Trading Bot is net of Trading Fees. 

 

QUIDPRO LOBBIES

1. 1. QuidPro Lobbies are the social trading aspect of Quidpro. You can create Lobbies, invite their friends or other Traders, and, using the QuidPro Trading Bots to compete against each other. 
   2. QuidPro Lobbies use Real Time Market Data to create a completely simulated environment in order to create an experience that is outside of the market.
   3. Creating a QuidPro Lobby
      1. If you create a QuidPro Lobby, you become the Lobby Admin. It is the Lobby Admin’s responsibility to select a Start Date, the Duration of the Lobby, type of Trading Strategy, starting amount of BTC, and finally, to invite other Traders to join the newly created Lobby. 
      2. If the minimum number of 5 Trading Bots per Lobby is met, the Lobby will successfully begin. 
      3. If the minimum number of Trading Bots per Lobby is NOT met, the QuidPro Lobby will not begin. 
      4. If a Lobby starts successfully, no new Bots can be added to the Lobby. 
      5. Users can join a QuidPro Lobby after it starts, but only as a Spectator (see 12.5). 
   4. Joining a QuidPro Lobby
      1. If you wish to accept an invitation in order to gain entry into a QuidPro Lobby, you can do so by using QuidPro’s Digital Currency, QUO Coin, to pay the Lobby Entry Fee.
      2. The Lobby Entry Fee set by the Lobby Admin at the time of the Lobby Creation.   
      3. Users can purchase QUO Coins in the QuidPro App using PayFast. 1 QUO Coin = 1 Rand. 
      4. If you have joined a QuidPro Lobby and the minimum number of 5 Trading Bots has not been met by the time the QuidPro Lobby is scheduled to start, Entry Fees will be returned to users and the Lobby will NOT begin. 
         1. You will not lose your entry fee if a QuidPro Lobby does not successfully start.
      5. If you do not wish to participate in a QuidPro Lobby, you can still accept the Lobby Invitation and take part in the Lobby as a Speculator (12.5) or Spectator (12.6). 
      6. There is no limit to the number of QuidPro Lobbies you can can participate / spectate / speculate in. 
      7. You must be 18 years or older to Participate or Speculate in a QuidPro Lobby. 
   5. Lobby Speculators
      1. A QuidPro Speculator is a user who has accepted an invitation to a QuidPro Lobby but has chosen not to participate in the Lobby.
      2. QuidPro Speculators have the option to select the Speculate Icon on a Trader/Trading Bot that they believe will win the Lobby. Speculators are rewarded in QUO Coins for selecting the winning Trader/Trading Bot in a QuidPro Lobby. 
      3. Users wishing to Speculate in a QuidPro Lobby MUST 18 years or older. 
   6. Lobby Spectators
      1. A QuidPro Spectator is a user that has accepted an invitation to a QuidPro Lobby, but has chosen not to Participate or Speculate in the QuidPro Lobby. 
      2. Users wishing to spectate in a Lobby do not have to be 18 years or older. Users wishing to learn more about the QuidPro experience or to learn more about trading with bots can do so by watching the action in a QuidPro Lobby at a safe distance. 

 

1. 1. 1. QUO Coin
         1. QUO Coin is a Digital Currency that allows users to exchange real money for digital money. Users can then use this Digital Currency to gain entrance to QuidPro Lobbies. 
         2. Users can use their Trading Bots and their Trading Skills to compete against other users in order to win the QuidPro Lobby and ultimately earn QUO Coin. 
         3. ALL QuidPro Lobbies are simulated and are therefore separate to the Live Crypto Market – winnings are always guaranteed and are not affected by the market’s movements. 
         4. On average, Traders that come first in the QuidPro Lobbies make on average 300% on their Lobby Entrance Fee. 
         5. The QuidPro Lobby experience creates a unique environment where Traders can make money even if the market is falling. 
      2. Traders can at all times request a QUO Coin to Rand exchange at a value of 1 QUO Coin = 1 Rand. (Less Transactional Fees). Because QUO Coin is used in the QuidPro Lobbies, there are Admin Fees and for sending QUO Coin from one user to another. 
      3. QUO COin is pegged to the Rand – it always maintains a 1 QUO Coin = 1 Rand value.
      4. In the future, all things considered, it is our intention to do an ICO for QUO Coin. 

• QuidPro Fees and Winnings

1. 1. 1. If a QuidPro Lobby successfully starts, the Lobby Admin receives 2% of the total entry fees paid and QuidPro takes 8% of the Entry Fees. 
      2. The remainder 90% of the Entry Fees are then distributed amongst the Traders in the QuidPro Lobby according to their positioning at the end of the Lobby. 
      3. The number of Traders that are paid out at the end of the Lobby is dependent on the number of Traders that participated in the Lobby.

• ACCOUNT SECURITY

1. 1. 1. QuidPro takes security very seriously and the measures we have in place to protect your QuidPro Account are explained on the Security page of the Website. However, you are solely responsible for:
         1. maintaining adequate security and control over your QuidPro Account sign-in details, including but not limited to any passwords, personal identification numbers (PINs), API keys, or any other codes associated with your QuidPro Account;
         2. enabling any additional security features available to you, including the activation of two factor authentication on your QuidPro account (see the QuidPro Help Centre);
         3. keeping your contact details up to date so that you can receive any notices or alerts we may send to you in relation to security (see Electronic Communications); and
         4. maintaining security and control over the email mailbox, phone number and two-factor authentication applications or devices associated with your QuidPro Account.
      2. Failure to take the above measures, and any other security measures available to you, may result in unauthorised access to your QuidPro Account and the loss or theft of any Digital Currency. QuidPro shall have no liability to you for or in connection with any unauthorised access to your QuidPro Account, where such unauthorised access was due to no fault of QuidPro, and/or any failure by you to act upon any notice or alert that we send to you.
      3. The security of your QuidPro Account may be compromised, or interruption caused to it, by phishing, spoofing or other attack, computer viruses, spyware, scareware, Trojan horses, worms or other malware that may affect your computer or other equipment. QuidPro strongly recommends that you regularly use reputable virus screening and prevention software and remain alert to the fact that SMS, email services and search engines are vulnerable to spoofing and phishing attacks.
      4. Care should be taken in reviewing messages purporting to originate from QuidPro and, should you have any uncertainty regarding the authenticity of any communication, you should log in to your QuidPro Account through the Website (specifically, https://www.QuidPro.co, and not any other domain name or website purporting to be, or to be related to, QuidPro) to review any transactions or required actions.
      5. To the maximum extent permitted by applicable law, you accept and agree that you have full responsibility for all activity that occurs in or through your QuidPro Account and accept all risks of any unauthorised or authorised access to your QuidPro Account.
      6. QuidPro securely stores all Binance API keys (“API key and “Secret Key”) associated with any QuidPro Account. You accept and agree that QuidPro shall store this information by means of encryption in order to allow your QuidPro Trading Bot to make trades on your Binance Account; 

SERVICE AVAILABILITY

While we will do everything that we reasonably can to provide continuous operations, QuidPro does not provide any warranty in relation to the availability of the QuidPro App or your QuidPro Account. Without limiting the generality of the foregoing, we do not guarantee continuous access to the QuidPro App or your QuidPro Account and make no representation that the QuidPro App, Binance API, your QuidPro Account and/or any products or services offered therein will be available without interruption; or that there will be no delays, failures, errors, omissions or loss of transmitted information.

TRANSACTIONS ON DIGITAL CURRENCY NETWORKS

1. 1. 1. When you use your QuidPro Trading Bot to buy or sell Digital Currency, the transaction must be confirmed and recorded in the public ledger associated with the relevant digital currency network (e.g. the Bitcoin network or the Ethereum network). That digital currency network is solely responsible for verifying and confirming any such transactions. QuidPro cannot confirm, cancel or reverse transactions on a digital currency network, other than confirming to you that the network has completed the transaction. You accept and agree that:
         1. once submitted to a digital currency network, a transaction will be unconfirmed for a period of time pending sufficient confirmation of the transaction by the network. A transaction is not complete while it is in a pending state. Funds associated with transactions that are in a pending state will be designated accordingly, and will not be included in your QuidPro Portfolio balance or be available to you to conduct transactions;
         2. when you buy or sell digital currency from your QuidPro Portfolio, you are authorising us to submit your transaction request to the relevant digital currency network. Once a transaction request has been submitted to the relevant digital currency network, the exchange will automatically complete or reject the request and neither you nor QuidPro will be able to cancel or otherwise modify your transaction.
         3. digital currency networks are operated by decentralised networks of independent third parties. They are not owned, controlled or operated by QuidPro so we cannot ensure that any transaction details you submit will be confirmed by the relevant digital currency network. You agree that any transaction instructions you submit may not be completed, or may be substantially delayed, by the digital currency network used to process the transaction.
      2. The underlying software protocols that govern the operation of the Supported Digital Currencies are open source. Accordingly, anyone can use, copy, modify, and distribute them and QuidPro has no ownership of or control over these protocols. By using the QuidPro App, you accept and agree that:

CLOSURE OF YOUR ACCOUNT

1. 1. 1. QuidPro is not responsible for the operation of any digital currency network’s underlying software protocols and makes no guarantee as to their availability, security, or functionality.
      2. The underlying software protocols are subject to sudden changes in operating rules (known as “forks”), and that such forks may materially affect the value, function, and/or name of any digital currency you store in your QuidPro Account. Should a fork occur, QuidPro may, with or without notice to you, temporarily suspend our operations and, in our sole discretion, decide whether or not to support either branch of the forked protocol entirely.
      3. In the event QuidPro decides not to support a branch of a forked protocol, you will not be given access to the assets on that fork. Those assets will be securely held by QuidPro and we will not buy or sell them.
      4. You may close your QuidPro Account by submitting a closure request via the Help Centre. QuidPro will action such requests once (i) the sum of all fees owed to QuidPro have been paid (ii) no transactions have taken place in your QuidPro Portfolio for a period of at least 30 days. Such requirements are designed to protect you from loss and QuidPro will not action a closure request until they are satisfied.
      5. You accept and acknowledge that, once your QuidPro Account is closed:
         1. you will have no further access to it;
         2. QuidPro will be under no obligation to notify you of, or provide to you, any digital currency sent to any receive address associated with your QuidPro Account; and
         3. QuidPro reserves the right (but has no obligation) to delete all of your information and account data stored on our servers, and also reserves the right to retain any information that is required for legal or operational reasons.
      6. If at the date of closure of your account any Local Currency or digital currency remains in your QuidPro Account(s) (i.e. funds amounting to less than the Minimum Closure Amount), you accept and agree that QuidPro shall retain such funds and that you shall have no further claim to them. The Minimum Closure Amount shall be 0.000001 BTC.
      7. You accept and agree that QuidPro shall not be liable to you or any third party in relation to the closure of your QuidPro Account, the termination of access to your QuidPro Account, or for the deletion of your information or QuidPro Account data.

RESTRICTION, SUSPENSION AND TERMINATION

1. 1. 1. QuidPro reserves the right to restrict, suspend or terminate your QuidPro Account where:
         1. we reasonably suspect your QuidPro Account to be the subject of an operational or other error, in which case we may be required to suspend access to your account until such time as the error is rectified;
         2. we reasonably suspect your QuidPro Account has been or is being used in relation to any unlawful, fraudulent or Prohibited Activity, or in breach of these Terms;
         3. we reasonably suspect you or your QuidPro Account is or has been associated with, or poses a high risk of, money laundering, financing of terrorism, fraud, or any other financial crime;
         4. we reasonably suspect you of taking any action that QuidPro considers to be a circumvention of QuidPro’s controls, including but not limited to opening multiple QuidPro Accounts;
         5. we reasonably suspect your involvement in any attempt to gain unauthorised access to any QuidPro Account;
         6. your QuidPro Account is or appears to be the subject of any legal, regulatory or government process and/or we, in our sole discretion, consider there to be a heightened risk of legal or regulatory non-compliance associated with your QuidPro Account;
         7. we are compelled to do so by a prima facie valid subpoena, court order, or other binding order of a government or regulatory authority;
         8. your name appears on a government or international body sanctions list; or
         9. you breach any of these Terms.
      2. QuidPro will make all reasonable efforts to provide you with notice of any decision to restrict, suspend or terminate your QuidPro Account, unless we are prevented from doing so by any legal or regulatory process or requirement, or where doing so may compromise QuidPro’s security and/or risk management procedures. You accept and agree that QuidPro is under no obligation to disclose to you the fact of or reason for any decision to restrict, suspend or terminate your QuidPro Account, and shall have no liability to you in connection with the restriction, suspension or termination of your QuidPro Account.

FINANCIAL ADVICE

1. 1. 1. UNDER NO CIRCUMSTANCES DOES ANY INFORMATION CONTAINED ON THE QUIDPRO APP, ANY OF OUR SERVICES OR PROVIDED TO YOU THROUGH YOUR QUIDPRO ACCOUNT OR ON THE WEBSITE OR BY ANY EMPLOYEE, AGENT OR AFFILIATE OF QUIDPRO, CONSTITUTE FINANCIAL, INVESTMENT OR OTHER PROFESSIONAL ADVICE.
      2. WE WILL NOT ADVISE YOU ABOUT THE MERITS OF A PARTICULAR TRANSACTION AND YOU ALONE WILL MAKE TRADING AND OTHER DECISIONS BASED ON YOUR OWN JUDGMENT FOR WHICH YOU MAY WISH TO SEEK INDEPENDENT ADVICE BEFORE ENTERING INTO. IN ASKING US TO ENTER INTO ANY TRANSACTION, YOU REPRESENT THAT YOU HAVE BEEN SOLELY RESPONSIBLE FOR MAKING YOUR OWN INDEPENDENT APPRAISAL AND INVESTIGATION INTO THE RISKS OF THE TRANSACTION. YOU REPRESENT THAT YOU HAVE SUFFICIENT KNOWLEDGE, MARKET SOPHISTICATION, PROFESSIONAL ADVICE AND EXPERIENCE TO MAKE YOUR OWN EVALUATION OF THE MERITS AND RISKS OF ANY TRANSACTION.
      3. YOU ARE SOLELY RESPONSIBLE FOR ANY DECISION TO STORE, BUY OR SELL DIGITAL CURRENCY, AND SUCH DECISION SHOULD TAKE INTO ACCOUNT YOUR RISK TOLERANCE AND FINANCIAL CIRCUMSTANCES. FOR MORE INFORMATION ON THE RISKS INVOLVED, SEE RISKS AND THE RISK WARNING ON THE WEBSITE. YOU SHOULD CONSULT YOUR LEGAL OR TAX PROFESSIONAL IN RELATION TO YOUR SPECIFIC SITUATION.

TAXES

You are solely responsible for determining whether, and to what extent, any taxes apply to any transactions you carry out through your QuidPro Account, and for withholding, collecting, reporting and remitting the correct amounts of tax to the appropriate tax authorities.

EXPORT CONTROLS AND SANCTIONS

Your use of the QuidPro App is subject to international export controls and economic sanctions requirements. By undertaking any activity on the QuidPro App or through your QuidPro Account, including but not limited to sending, receiving, buying, selling, storing or trading any digital currency, you agree that you will at all times comply with those requirements. 

PROHIBITED ACTIVITIES

1. 1. 1. You must not use your QuidPro Account to undertake any of the activities or categories of activity set out in this clause (each a “Prohibited Activity”):
         1. violation of any laws, statutes, ordinances or regulations;
         2. undertaking, facilitating or supporting criminal activity of any kind, including but not limited to, money laundering, terrorist financing, illegal gambling operations or malicious hacking;
      2. abusive activity, including but not limited to:
         1. imposing an unreasonable or disproportionately large load on QuidPro’s infrastructure, or otherwise taking any action that may negatively affect the performance of the QuidPro App or QuidPro’s reputation;
         2. attempting to gain unauthorised access to the QuidPro App or any QuidPro Account;
         3. transmitting or uploading any material to the QuidPro App that contains viruses, Trojan horses, worms, or any other harmful programmes;
         4. transferring your QuidPro Account access or rights to your QuidPro Account to a third party, unless as required by law or with QuidPro’s prior consent;
         5. paying in to or otherwise supporting pyramid schemes, Ponzi schemes, matrix programmes, “get rich quick” schemes, multi-level marketing programmes or high-yield investment programmes;
         6. fraudulent activity, including but not limited to taking any actions that defraud QuidPro or a QuidPro customer, or the provision of any false, inaccurate, or misleading information to QuidPro;
         7. transactions involving items that may help facilitate or enable illegal activity; promote or facilitate hate, violence or racial intolerance; are considered obscene; or may be stolen goods or the proceeds of crime;
         8. transactions involving TOR markets, online gambling sites or mixers;
         9. sale or purchase of narcotics or controlled substances;
         10. intellectual property infringement.
      3. By opening a QuidPro Account, you confirm that you will not use your account to undertake any of the above-listed Prohibited Activities or any similar or related activity.
      4. Unless you have obtained the prior written approval of QuidPro, you accept and agree that you will not use your QuidPro Account to conduct or operate any of the following business activities or categories of activity:
         1. 1. money services, including but not limited to digital currency transmission, currency or digital currency exchange or dealing, payment service providers, e-money or any other financial services business;
            2. gambling or gaming services;
            3. charitable or religious / spiritual organisations;
            4. consumer lending services, including but not limited to secured and unsecured loans, cash advances, payday lending;
            5. investment funds, asset management, or brokerage services.
      5. We reserve the right to restrict, suspend or terminate your QuidPro Account if we suspect, in our sole discretion, that you are using, or have used, your QuidPro Account in association with any of the activities listed above, or any similar or related activity, without having obtained the prior written approval of QuidPro.

ASSUMPTION OF RISK

You acknowledge and agree that there are risks associated with utilizing an Internet-based service including, but not limited to, the risk of failure of hardware, software and Internet connections, the risk of malicious software introduction, and the risk that third parties may obtain unauthorized access to information stored within your Account. You acknowledge and agree QuidPro will not be responsible for any communication failures, disruptions, errors, distortions or delays you may experience when using our services, however caused. We take no responsibility for and will not be liable for any losses, damages or claims arising from the use of our services, including, but not limited to, any losses, damages or claims arising from (a) passwords being “Bruteforced”, (b) server failure or data loss, (c) forgotten passwords, (d) corrupted wallet files, (e) incorrectly constructed transactions or mistyped addresses; or (f) unauthorized access to mobile applications, (g)”phishing”, viruses, third-party attacks or any other unauthorized third-party activities.

THIRD PARTY CONTENT

In using the Website, the QuidPro App or our services, you may view content or utilize services provided by third parties, including links to web pages and services of such parties (“Third-Party Content”). We do not control, endorse or adopt any Third-Party Content and will have no responsibility for Third-Party Content, including, without limitation, material that may be misleading, incomplete, erroneous, offensive, indecent or otherwise objectionable in your jurisdiction. In addition, your business dealings or correspondence with such third parties are solely between you and the third parties. We are not responsible or liable for any loss or damage of any sort incurred as the result of any such dealings, and you understand that your use of Third-Party Content, and your interactions with third parties, is at your own risk. 

INTELLECTUAL PROPERTY

Unless otherwise indicated by us, all copyright and other intellectual property rights in all content and other materials contained on the Website, the QuidPro App or provided in connection with our services, including, without limitation, our logo and all designs, text, graphics, pictures, information, data, software, sound files, other files and the selection and arrangement thereof (collectively, “QuidPro Materials”) are the proprietary property of Company or our licensors or suppliers and are protected by copyright laws and other intellectual property rights laws. We hereby grant you a limited, nonexclusive and non-sublicensable license to access and use the QuidPro Materials for your personal or internal business use. Such license is subject to these Terms and does not permit (a) any resale of the QuidPro Materials; (b) the distribution, public performance or public display of any QuidPro Materials; (c) modifying or otherwise making any derivative uses of the QuidPro Materials, or any portion thereof; or (d) any use of the QuidPro Materials other than for their intended purposes. The license granted under this clause will automatically terminate if we suspend or terminate your access to our services.

DISCLAIMER OF WARRANTIES

1. 1. 1. TO THE MAXIMUM PERMITTED UNDER APPLICABLE LAW, THE QUIDPRO APP, YOUR QUIDPRO ACCOUNT AND ANY RELATED PRODUCTS OR SERVICES ARE OFFERED ON A STRICTLY “AS-IS” AND “WHERE-AVAILABLE” BASIS AND QUIDPRO EXPRESSLY DISCLAIMS, AND WE EXPRESSLY DISCLAIM, AND YOU WAIVE, ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE QUIDPRO APP, YOUR QUIDPRO ACCOUNT, AND ANY RELATED PRODUCTS OR SERVICES ARE OFFERED WITHOUT ANY WARRANTY AS TO MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT.
      2. YOU ACKNOWLEDGE THAT INFORMATION YOU STORE OR TRANSFER THROUGH OUR SERVICES 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, 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 SERVICES.
      3. SOME JURISDICTIONS DO NOT ALLOW THE DISCLAIMER OF IMPLIED TERMS IN CONSUMER CONTRACTS, SO SOME OR ALL OF THE DISCLAIMERS IN THIS CLAUSE MAY NOT APPLY TO YOU.

LIMITATION OF LIABILITY

1. 1. 1. IN NO EVENT SHALL QUIDPRO, ITS OPERATING ENTITIES OR ANY OTHER AFFILIATES (INCLUDING THEIR RESPECTIVE DIRECTORS, MEMBERS, EMPLOYEES OR AGENTS) BE LIABLE TO YOU FOR ANY DIRECT, INDIRECT, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES OR ANY OTHER DAMAGES OF ANY KIND, INCLUDING BUT NOT LIMITED TO LOSS OF PROFIT, LOSS OF REVENUE, LOSS OF BUSINESS, LOSS OF OPPORTUNITY, LOSS OF DATA, WHETHER IN CONTRACT, TORT (DELICT) OR OTHERWISE, ARISING OUT OF OR IN ANY WAY CONNECTED WITH YOUR USE OF, INABILITY TO USE, OR UNAVAILABILITY OF THE QUIDPRO APP AND/OR YOUR QUIDPRO ACCOUNT AND/OR ANY SERVICES OFFERED BY QUIDPRO, INCLUDING WITHOUT LIMITATION ANY DAMAGES CAUSED BY OR RESULTING FROM OR RELATE TO ANY RELIANCE UPON ANY INFORMATION RECEIVED FROM QUIDPRO, OR THAT RESULT FROM OR RELATE TO 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 (BEING ANY EVENT BEYOND OUR REASONABLE CONTROL, INCLUDING, BUT NOT LIMITED TO, FLOOD, EXTRAORDINARY WEATHER CONDITIONS, EARTHQUAKE, OR OTHER ACT OF GOD, FIRE, WAR, INSURRECTION, RIOT, LABOR DISPUTE, ACCIDENT, ACTION OF GOVERNMENT, COMMUNICATIONS, POWER FAILURE, OR EQUIPMENT OR SOFTWARE MALFUNCTION), OR THAT RESULT FROM OR RELATE TO COMMUNICATIONS FAILURE, THEFT, DESTRUCTION OR UNAUTHORISED ACCESS TO QUIDPRO’S RECORDS, PROGRAMMES OR SERVICES.
      2. IN NO EVENT WILL ANY LIABILITY OF QUIDPRO, ITS OPERATING ENTITIES OR ANY OTHER AFFILIATES (INCLUDING THEIR RESPECTIVE DIRECTORS, MEMBERS, EMPLOYEES OR AGENTS) ARISING IN RELATION TO YOUR USE OF THE QUIDPRO APP OR YOUR QUIDPRO ACCOUNT, EXCEED (IN AGGREGATE) THE FEES EARNED BY QUIDPRO IN CONNECTION WITH YOUR USE OF YOUR QUIDPRO ACCOUNT IN THE SIX MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY.
      3. THE ABOVE LIMITATIONS OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW IN THE APPLICABLE JURISDICTION. BECAUSE SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SOME OF THE LIMITATIONS IN THIS CLAUSE MAY NOT APPLY TO YOU.

INDEMNITY

TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU AGREE TO INDEMNIFY QUIDPRO, ITS OPERATING ENTITIES OR ANY OTHER AFFILIATES (INCLUDING THEIR RESPECTIVE DIRECTORS, MEMBERS, EMPLOYEES OR AGENTS) AGAINST ANY ACTION, LIABILITY, COST, CLAIM, LOSS, DAMAGE, PROCEEDING OR EXPENSE SUFFERED OR INCURRED DIRECTLY OR INDIRECTLY ARISING FROM YOUR USE OF OR CONDUCT IN RELATION TO THE QUIDPRO APP AND/OR YOUR QUIDPRO ACCOUNT, OR FROM YOUR VIOLATION OF THESE TERMS.

• DISPUTES

1. 1. 1. You and we agree to notify the other party in writing of any claim or dispute that arises in relation to the QuidPro App, your QuidPro Account or these Terms, within 30 days of such claim or dispute arising. You and we further agree to attempt informal resolution of any Dispute prior to bringing a claim in any court or other body.
      2. These Terms shall be governed by and construed in accordance with South African law, subject to any local mandatory rights you may have. You and we agree to submit all disputes, claims or controversies (including non-contractual Disputes, claims or controversies) arising out of or in connection with these Terms, or the breach, termination, enforcement or interpretation thereof (together, “Disputes”), to the non-exclusive jurisdiction of the High Court of South Africa, Gauteng Division, Johannesburg, provided that QuidPro may elect at any time to require that any Dispute be resolved by binding arbitration in Sandton administered by the Arbitration Foundation of South Africa under its commercial rules..
      3. To the maximum extent permissible by law, you and QuidPro each agree that each may bring any Dispute against the other only in your or its individual capacity, and you and it waive any right to commence or participate in any class action or other representative action or proceeding against the other. Further, where permissible by law, unless both you and QuidPro agree otherwise, no court may consolidate any other person’s claim(s) with your Dispute and may not otherwise preside over any form of representative or class proceeding. For the avoidance of doubt, if this class or representative action waiver is found by any court of competent jurisdiction to be invalid, void or unenforceable, the remainder of this Disputes clause shall remain valid and enforceable.

• MISCELLANEOUS

1. 1. These Terms constitute the entire agreement and understanding between you and QuidPro with respect to their subject matter and supersede any and all prior discussions, agreements and understandings of any kind between you and QuidPro (including but not limited to any prior versions of these Terms).
   2. If any provision of these Terms, as amended from time to time, is determined to be illegal, invalid or unenforceable, in whole or in part, under any law, such provision or part thereof shall to that extent be deemed not to form part of these Terms but the legality, validity and enforceability of the other provisions in these Terms shall not be affected and everything else in these Terms will continue in full force and effect.
   3. You may not assign or transfer any of your rights or obligations under these Terms without QuidPro’s prior written approval. You give QuidPro your approval to assign or transfer these Terms in whole or in part, including but not limited to: (i) a subsidiary or affiliate; (ii) an acquirer of QuidPro’s equity, business or assets; or (iii) a successor by merger.
   4. In the event that QuidPro is acquired by or merged with a third party, we reserve the right to transfer or assign the information we have collected from you as part of such merger, acquisition, sale, or other change of control.
   5. QuidPro shall not be liable for any delays, failure in performance or interruption of service which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to, any delay or failure due to any act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labour dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophes or any other occurrence which is beyond our reasonable control.
   6. All provisions of these Terms that by their nature extend beyond the expiry or termination of these Terms, including but not limited to, clauses relating to the suspension or termination of your QuidPro Account, use of the QuidPro App, disputes with QuidPro and general provisions, shall survive the termination of these Terms.
   7. Clause headings in these Terms are for convenience only and shall not govern the meaning or interpretation of any provision of these Terms.
   8. Notwithstanding any other provision of these Terms, any translation is provided solely for your convenience. The meanings of terms, conditions and representations herein are subject to the definitions and interpretation in the English language. Any translation provided may not accurately represent the information in the original English.

PRIVACY POLICY