Vedra Investments SA DBA “Sequence” is an El Salvador public limited company (Sociedad Anonima – S.A.) whose registered office is located at Calle El Mirador y 85 Ave. Norte y 11Calle (Oficina 643), Colonia Escaldon, San Salvador (hereinafter referred to as "Vedra"). You need to carefully read and accept the terms and conditions of this Agreement before electronically signing it. You understand that electronically signing this Agreement is the legal equivalent of your manually signing this Agreement, and you will be legally bound by its terms and conditions in their entirety. This Agreement takes effect at the Effective Date. You are encouraged to consult with your own advisor regarding any consequences related to your entering into this Agreement with us.
VEDRA (Dba “Sequence”) USER AGREEMENT AND TERMS OF SERVICE This Vedra User Agreement (“Agreement”) is made between Vedra Investments SA (“Vedra”, “us”, “we”, “our”) and you ( “you”, “your”) (each a “Party” and together the “Parties”) and governs your use of our Services that we provide you with the use of our websites or mobile application (as defined below).
1.1 Subject to other conditions of this Agreement, Vedra undertakes to enter into this Agreement with you and deliver the Services to you in exchange for the Service Fee if you are over 18 years old or you are a legal entity duly registered under applicable law.
1.2 The Effective Date shall be the earliest date when you either
(i) pay us the Advance Service Fee (as defined below), or (ii) in paper or electronic format fully and explicitly agree to be bound by this Agreement.
1.3 We reserve the right to reject entering into the Agreement with you or immediately terminate such Agreement if we are not satisfied with the results of the Verification (as defined below).
2.1 Vedra may decide to verify your data and undergo a know-your-client and anti-money laundering procedures to assess whether you are legally allowed and may contract with us (“Verification”).
2.2 Vedra may request and you should provide us (or third-party provider engaged by us) with the following data for the Verification: Full name (first, middle and last name) of an individual or the full name of a legal entity in English language; and Date of birth (for an individual) or date of state registration (for a legal entity); and Scanned and readable electronic copies of all valid passports (for an individual) or certificate of incorporation (for a legal entity); and Scanned and readable electronic copies of all valid visas and (or) temporary residency permits (for an individual) or an official document confirming carrying out of business in non-domestic jurisdiction (for a legal entity), and Contact email address; and Contact phone number. You undertake to provide us with any other data that we, in our sole discretion, deem to be required to maintain compliance with any laws, regulations or policies. Such documents and information include, but are not limited to, passports, driver’s licenses, utility bills, photographs, government identification cards, sworn statements, tax identification numbers, information about your family members, beneficiaries, shareholders, beneficial owners, partners, directors, officers or any other connected individuals. You undertake not to hide (including by using a VPN, proxy or similar service) your real location, or otherwise provide false or misleading information regarding your data. We may collect any other information useful or necessary for communicating with you, including your data, to the extent this is permitted by applicable laws and this Agreement. You agree that, upon our request, you will provide the requested information to satisfy applicable anti-money laundering laws and regulations, including your anti-money laundering policies and procedures, background documentation relating to your directors, trustees, settlors and beneficial owners, and audited financial statements, if any.
3.1 Subject to Clause 1, we give you access and a right to use to our webpages, software, data, technology, solutions, information, access to third-party API and other services (“Services”)
3.2 With the use of our Services you will be able to manage your crypto funds (“Crypto Funds”) by selecting either of trading strategy available within our software. All income, profit and loss resulting from the management of the Crypto Funds will be for your account unless stated otherwise in this Agreement.
4.3 Our Services do not include: comprehensive financial planning services, and our services are not a complete investment program tax, accounting or legal advice; and custody of the Crypto Funds To use our Services you need to (i) open a separate account with the cryptocurrency exchanges, and (ii) transfer your Crypto Funds to that exchange account, and (iii) inform us of opening the Account by communicating a unique Account identifier to us, and (iv) provide us with the API keys to the Account, and (v) to pay us the Advance Service Fee (as defined below) Once everything is properly setup by our IT team, you should be able to execute trade orders using the Services. We designed our Services for you to be able to arrange cryptotrading of the Crypto Funds in the Account with the use of our software. The Services may fail to serve you properly if you provide access or API keys to the Account to any other party. We therefore reserve the right to terminate this Agreement if you use the Account for any cryptotrading other than cryptotrading with the use of our Services. We may furnish a copy of this Agreement to your chosen exchange or other relevant counterparties as evidence of our authority to provide you with Services in relation to the Account.
4.1 Vedra and its affiliates have (or intend to receive) valid, unrestricted and exclusive ownership of rights to use the patents, trademarks, trademark registrations, trade names, copyrights, know-how, technology and other intellectual property necessary to provide the Services and for carrying out of its business.
4.2 In no way shall this Agreement entitle, and (or) license, and (or) grants you to any intellectual property of Vedra and (or) its affiliates, including the intellectual property rights to the webpage, and (or) to all text, graphics, interface, visual interfaces, photographs, trademarks, logos, artwork, computer code, design, structure, selection, coordination, expression and other content connected with the Services and (or) our business. All such content and intellectual property and its arrangement belong to Vedra and (or) its affiliates and is protected by the intellectual property rights and fair competition laws. 4.3 There are no implied licenses under this Agreement, and any rights not expressly granted to you are reserved by and belong to Vedra and (or) its affiliates.
6.1 By separate agreement.
CONFIDENTIALITY