CoinDepo Earn Interest Product Terms

Last modified: November 2022

1. Introduction

These CoinDepo Earn Interest Product Terms (hereinafter “the Terms”) govern the contractual relationship between You (hereinafter “the Customer” or “You” and/or “your(s)”) and CoinDepo LLC, Company No. 1065 LLC 2021, incorporated under the laws of Saint Vincent and the Grenadines, at the address: Murray’s Road, Beachmont, Kingstown, St. Vincent and the Grenadines, together with its affiliates or subsidiaries (hereinafter “the CoinDepo” or “we”, “us” and/or “our(s)”) in relation to your use of the CoinDepo Earn Interest Product (hereinafter “the Product”), which consists of various types of Compound Interest Accounts that are opened by the Customer to deposit digital assets for the purpose of earning interest, and which You can manage by logging into your CoinDepo Account. These Terms are a legally binding agreement (hereinafter “the Agreement”) between You and the CoinDepo, in which You may also be referred to individually as “the Party”, and collectively as “the Parties”.

Please note that the Product is not available to citizens or residents of the United States and certain other restricted jurisdictions, as well as jurisdictions where various restrictions and prohibitions regarding the use of digital assets may apply.

By opening any Compound Interest Account and by continuing to use any of the Compound Interest Account You are confirming your acceptance to these Terms, and You agree that the terms and conditions contained herein will govern your use of the Product. You agree that we reserve the right to update these Terms from time to time by notifying You as appropriate. Change notifications will be sent to You by email or may be posted to your CoinDepo Account or CoinDepo Website.

2. Product Definitions

“CoinDepo Website” means the CoinDepo website located at coindepo.com.

“CoinDepo Account” means a personal or corporate account, opened with CoinDepo, through which а customer can use the Product and other services provided by CoinDepo.

“Compound Interest” is the addition of interest to the principal amount of your balance, which includes the interest paid out into your CoinDepo Interest Account for the previous period or, in other words, interest on principal plus interest. It is the result of reinvesting interest, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

“Compounding Period” is the span of time between when interest was last compounded and when it will be compounded again. Accrued interest is added to your account balance at the end of each compounding period. For example, a daily compounding period indicates that interest is calculated and paid into your CoinDepo Interest Account at one-day intervals.

“The Annual Percentage Rate” (hereinafter “the APP”) is the fixed annual rate of return on your CoinDepo Interest Account, excluding the effect of compound interest.

“The Annual Percentage Yield” (hereinafter “the APY”) is the real annual rate of return on your CoinDepo Interest Account, taking into account the effect of compound interest. By keeping (reinvesting) the regularly paid out compound interest in the account, your effective rate of return (APY) is always higher than the APR.

“CoinDepo Current (Daily) Compound Interest Account” (hereinafter “Current Interest Account”) is a digital asset account with a one-day Compounding Period that allows You to earn daily interest income on the digital assets held in this account, in accordance with these Terms.

“CoinDepo Weekly Compound Interest Account” (hereinafter “Weekly Interest Account”) is a digital asset account with a 7-day Compounding Period that allows You to earn weekly interest income on the digital assets held in this account, in accordance with these Terms.

“CoinDepo Monthly Compound Interest Account” (hereinafter “Monthly Interest Account”) is a digital asset account with a 30-day Compounding Period that allows You to earn monthly interest income on the digital assets held in this account, in accordance with these Terms.

“CoinDepo Quarterly Compound Interest Account” (hereinafter “Quarterly Interest Account”) is a digital asset account with a 90-day Compounding Period that allows You to earn quarterly interest income on the digital assets held in this account, in accordance with these Terms.

“CoinDepo Semi-annual Compound Interest Account” (hereinafter “Semi-annual Interest Account”) is a digital asset account with a 180-day Compounding Period that allows You to earn semi-annual interest income on the digital assets held in this account, in accordance with these Terms.

“CoinDepo Annual Compound Interest Account” (hereinafter “Annual Interest Account”) is a digital asset account with a 365-day Compounding Period that allows You to earn annual interest income on the digital assets held in this account, in accordance with these Terms.

3. Opening CoinDepo Interest Accounts

You may enter into this Agreement and begin using the Product only after You have met the conditions below:

• You are not a citizen or resident of the United States or any other jurisdiction in which we have prohibited or restricted access to the Product;

• You have registered a CoinDepo Account;

• You legally acquired and/or own digital assets and have all relevant credentials to verify ownership. Such credentials should be available upon request from the CoinDepo;

• You agree that these Terms will govern any of your existing Interest Account.

By entering into this Agreement, You acknowledge and confirm that You have complied with all the conditions set forth above. In the event that we subsequently determine that You have not or are no longer meeting any of these conditions, we may suspend the provision of the Product.

After registering a CoinDepo Account, the Customer is automatically opened Current Interest Accounts for all digital assets supported by CoinDepo and can immediately start using the Product after depositing digital assets.

The list of supported digital assets for using the Product and interest rates (APR) are available after logging into your CoinDepo Account.

CoinDepo reserves the right, at its sole discretion, to change, modify, add or remove some of the supported digital assets and change interest rates at any time. The Customer is responsible for periodically checking the list of digital assets supported by CoinDepo and interest rates for changes. All terms and conditions of Interest Accounts opened by the Customer prior to such changes shall remain in effect until the end of the Compounding Period during which such changes occurred.

4. CoinDepo Interest Account Types

When using the Product, the Customer can open the following types of Compound Interest Accounts, which differ in the interest rate and opening conditions:

• The Current Interest Account is opened to the Customer for each digital asset supported by CoinDepo by default at the time of registering the CoinDepo Account. The Customer can only have one Current Interest Account for each asset and this account cannot be closed without closing the CoinDepo Account. The Current Interest Account is used to deposit funds from external wallets and withdraw digital assets to external wallets, as well as to transfer assets to other Interest Accounts using the “Transfers Between Accounts” feature. The Compounding Period of the Current Interest Account is one day, which means Compound Interest is accrued and paid to the account daily. The first interest payment occurs the next day after the funds are deposited into the Current Interest Account.

• The Weekly Interest Account is opened by the Customer in his/her CoinDepo Account separately for each digital asset. You can have up to 7 (seven) Weekly Interest Accounts for each asset at the same time, with different start dates of the Compounding Period. You can also close any of your Weekly Interest Accounts at any time by first withdrawing digital assets from the account or transferring them to another CoinDepo Interest Account. Depositing funds to the Weekly Interest Account is possible only from the Current Interest Account using the “Transfers Between Accounts” feature. Withdrawal of digital assets from the Weekly Interest Account to any external wallet or transfer to another CoinDepo Interest Account is possible in whole or in part at any time. The Compounding Period of the Weekly Interest Account is 7 (seven) days, which means that Compound Interest is accrued and paid into the account every 7 (seven) days. The first interest payment to the Weekly Interest Account after depositing funds occurs on the day following the end of the first Compounding Period. The APR/APY on the Weekly Interest Account is always higher than on the Current Interest Account.

• The Monthly Interest Account is opened by the Customer in his/her CoinDepo Account separately for each digital asset. You can have up to 30 (thirty) Monthly Interest Accounts for each asset at the same time, with different start dates of the Compounding Period. You can also close any of your Monthly Interest Accounts at any time by first withdrawing digital assets from the account or transferring them to another CoinDepo Interest Account. Depositing funds to the Monthly Interest Account is possible only from the Current Interest Account using the “Transfers Between Accounts” feature. Withdrawal of digital assets from the Monthly Interest Account to any external wallet or transfer to another CoinDepo Interest Account is possible in whole or in part at any time. The Compounding Period of the Monthly Interest Account is 30 (thirty) days, which means that Compound Interest is accrued and paid into the account every 30 (thirty) days. The first interest payment to the Monthly Interest Account after depositing funds occurs on the day following the end of the first Compounding Period. The APR/APY on the Monthly Interest Account is always higher than on the Interest Accounts above.

• The Quarterly Interest Account is opened by the Customer in his/her CoinDepo Account separately for each digital asset. You can have up to 90 (ninety) Quarterly Interest Accounts for each asset at the same time, with different start dates of the Compounding Period. You can also close any of your Quarterly Interest Accounts at any time by first withdrawing digital assets from the account or transferring them to another CoinDepo Interest Account. Depositing funds to the Quarterly Interest Account is possible only from the Current Interest Account using the “Transfers Between Accounts” feature. Withdrawal of digital assets from the Quarterly Interest Account to any external wallet or transfer to another CoinDepo Interest Account is possible in whole or in part at any time. The Compounding Period of the Quarterly Interest Account is 90 (ninety) days, which means that Compound Interest is accrued and paid into the account every 90 (ninety) days. The first interest payment to the Quarterly Interest Account after depositing funds occurs on the day following the end of the first Compounding Period. The APR/APY on the Quarterly Interest Account is always higher than on the Interest Accounts above.

• The Semi-annual Interest Account is opened by the Customer in his/her CoinDepo Account separately for each digital asset. You can have up to 180 (one hundred and eighty) Semi-annual Interest Accounts for each asset at the same time, with different start dates of the Compounding Period. You can also close any of your Semi-annual Interest Accounts at any time by first withdrawing digital assets from the account or transferring them to another CoinDepo Interest Account. Depositing funds to the Semi-annual Interest Account is possible only from the Current Interest Account using the “Transfers Between Accounts” feature. Withdrawal of digital assets from the Semi-annual Interest Account to any external wallet or transfer to another CoinDepo Interest Account is possible in whole or in part at any time. The Compounding Period of the Semi-annual Interest Account is 180 (one hundred and eighty) days, which means that Compound Interest is accrued and paid into the account every 180 (one hundred and eighty) days. The first interest payment to the Semi-annual Interest Account after depositing funds occurs on the day following the end of the first Compounding Period. The APR/APY on the Semi-annual Interest Account is always higher than on the Interest Accounts above.

• The Annual Interest Account is opened by the Customer in his/her CoinDepo Account separately for each digital asset. You can have up to 365 (three hundred sixty five) Annual Interest Accounts for each asset at the same time, with different start dates of the Compounding Period. You can also close any of your Annual Interest Accounts at any time by first withdrawing digital assets from the account or transferring them to another CoinDepo Interest Account. Depositing funds to the Annual Interest Account is possible only from the Current Interest Account using the “Transfers Between Accounts” feature. Withdrawal of digital assets from the Annual Interest Account to any external wallet or transfer to another CoinDepo Interest Account is possible in whole or in part at any time. The Compounding Period of the Annual Interest Account is 365 (three hundred sixty five) days, which means that Compound Interest is accrued and paid into the account every 365 (three hundred sixty five) days. The first interest payment to the Annual Interest Account after depositing funds occurs on the day following the end of the first Compounding Period. The APR/APY on the Annual Interest Account is always higher than on the Interest Accounts above.

5. Funding

You can deposit any CoinDepo-supported digital assets from any third-party external wallet only to the wallet address of your CoinDepo Current Interest Account, the respective asset.

Depositing digital assets is possible at any time, while CoinDepo does not set a minimum amount for depositing funds. The maximum daily limits for depositing digital assets are specified in your CoinDepo Account and depend on the Customer's verification level. CoinDepo does not charge any fees for depositing digital assets.

You agree that CoinDepo reserves the right to change daily deposit limits at its sole discretion at any time. In case of such changes, the updated limits will be indicated in your CoinDepo Account.

Once You deposit funds to your Current Interest Account, You can instantly transfer them to any of your Interest Accounts of the same asset using the “Transfers Between Accounts” feature.

6. Transfers Between Interest Accounts

The “Transfers Between Accounts” feature is implemented and used to transfer and reallocate your funds between different types of Interest Accounts of the same digital asset in your CoinDepo Account at any time.

Please note that You can transfer digital assets between any of your CoinDepo Interest Accounts using the “Transfers Between Accounts” feature, only through your Current Interest Account.

Any transfers using the “Transfers Between Accounts” feature are free of charge and processed instantly.

7. Interest

At CoinDepo, Compound Interest on your Interest Accounts can be accrued daily, weekly, every 30 (thirty) days, every 90 (ninety) days, every 180 (one hundred and eighty) days, or every 365 (three hundred sixty-five) days, depending on the Compounding Period (type of Interest Account) You choose.

The date, Coordinated Universal Time (hereinafter “UTC”), when funds are credited to any of the CoinDepo Interest Accounts, is considered the first day of the Compounding Period corresponding to that account.

The first interest payment to your Interest Account after depositing funds occurs the day after the end of the first Compounding Period at 14:00 UTC, based on the balance in your Interest Account at the end of the Compounding Period. In the case of a Current Interest Account, interest is paid on the day after the date on which the funds were credited to the account.

Subsequent interest payments to your Interest Accounts will be made on the same basis the day after the end of the next Compounding Period at 14:00 UTC, based on the balance in your Interest Account at the end of the Compounding Period.

In the event that a portion of the funds is withdrawn by the Customer from the Interest Account during the Compounding Period, interest will only accrue on the balance of your Interest Account at the end of the Compounding Period. In other words, interest will accrue and be paid only on the amount held in the Interest Account from the first to the last day of the Compounding Period.

Interest payments to any of your CoinDepo Interest Accounts are made in the asset corresponding to that Interest Account.

Current interest rates (APR/APY) for CoinDepo Interest Accounts are published on the CoinDepo Website and in your CoinDepo Account.

You agree that CoinDepo reserves the right to change interest rates at its sole discretion at any time. In the event of such changes, updated interest rates will be posted on the CoinDepo Website and in your CoinDepo Account.

You agree and acknowledge that your CoinDepo Interest Accounts are not bank deposit accounts and the interest rates thereon may not correspond to the benchmark interest rates seen in the bank deposit market.

8. Withdrawal

You can request a partial or full withdrawal of your digital assets, along with the interest paid on them, from any of your CoinDepo Interest Accounts at any time.

The minimum withdrawal amounts are specified in your CoinDepo Account. The maximum daily withdrawal limits for digital assets are also specified in your CoinDepo Account and depend on the Customer's verification level. CoinDepo does not charge any fees for withdrawing digital assets.

You agree that CoinDepo reserves the right to change withdrawal limits at its sole discretion at any time. In case of such changes, the updated limits will be indicated in your CoinDepo Account.

Upon receipt of your withdrawal request, CoinDepo may initiate the withdrawal process immediately, but generally all withdrawals are subject to the withdrawal security hold designed to protect users from fraudulent requests and human error, and are processed the next business day, no later than 19:00 UTC. During security hold period, the withdrawal status is displayed as “Pending” on the “Transactions” page in your CoinDepo Account, and You can track the progress there. Withdrawals may be subject to manual verification to reduce the risk of fraud. If additional confirmation is required from You, You will receive an email notification.

Funds will not be debited from your Interest Account balance until the withdrawal is fully processed, but no interest will accrue on the withdrawal amount from the time the withdrawal request is received. While the withdrawal is in the “Pending” status, You can cancel it on the “Transactions” page by logging into your CoinDepo Account.

Please note that if You make a partial withdraw during the Compounding Period or make a full withdrawal before 14:00 UTC on the Interest Payout Date following the last day of the Compounding Period, You will not be paid interest on the withdrawal amount for that Compounding Period.

9. Interest Account Statements

You can download a statement for any of your Interest Accounts on the “Transactions” page by logging into your CoinDepo Account.

Upon receipt of the statement, You must notify us of any error, inconsistency, or any other unauthorized use of your CoinDepo Account within 30 (thirty) calendar days. If such notice is not received from You within 30 (thirty) calendar days, CoinDepo will not be liable to You for any losses that You may have suffered.

10. Use of Digital Assets

Except where prohibited or limited by applicable law, the CoinDepo has the right, without further notice to You, to pledge, sell, lend, or otherwise transfer, invest or use any amount of digital assets, separately or together with other property, with all attendant rights of ownership, and for any period of time and without retaining in our possession and/or control a like amount of digital assets, and to use or invest such digital assets at its own risk.

You acknowledge and agree that with respect to digital assets used by CoinDepo pursuant to this paragraph: You may not be able to exercise certain rights of ownership; the CoinDepo may receive compensation in connection with lending or otherwise using or investing digital assets in its business to which You will have no entitlement; and digital assets that is subject to such lending transactions, investment or otherwise being used in these transactions will not be held by CoinDepo’s third party custodians.

11. Risk Disclosure

The risk of loss in holding digital assets can be substantial. You should therefore carefully consider whether holding digital assets and using the Product is suitable for You in light of your financial situation.

In considering whether to hold digital assets and use the Product, You should be aware that the price or value of digital assets can change rapidly, decrease, and potentially even fall to zero. Past performance is not an indicator of future performance. The value of the digital assets arises from the continued willingness of market participants to exchange fiat currencies for digital assets, which can lead to a permanent and complete loss of the value of a particular digital asset if the market for it disappears.

CoinDepo is not responsible for the market for digital assets, and makes no representations or warranties concerning the real or perceived value of digital assets as denominated in any currency. Although we may provide historical and/or real-time data regarding the price of digital assets, such data is for reference only. We make no representations regarding the quality, suitability, veracity, usefulness, accuracy, or completeness of such data, and You should not rely on such data for any reason whatsoever.

The regulatory status of digital assets is currently unsettled, varies among jurisdictions and is subject to significant uncertainty. Legislative and regulatory changes or actions relating to the digital assets or blockchain technology at a state or international level may adversely affect or restrict, as applicable, the use, transfer, exchange and value of the digital assets, as well as the provision of the Product.

The digital assets are not money or legal tender, are not backed by the government or by a central bank and mostly do not have any underlying assets, revenue stream, or another source of value.

CoinDepo is not a bank or depository institution. Your CoinDepo Account is not a checking, deposit, savings or any other type of the bank account. Digital assets in your CoinDepo Account are not insured in any jurisdiction by any deposit insurance scheme or any securities investor protection corporation.

CoinDepo may be forced to suspend, terminate or change aspects of the provision of the Product or any related services in any jurisdiction, without notice, if demanded by the regulators or applicable law, or for whatever other reason. In such case the digital assets in your CoinDepo Account may be frozen for an indefinite period of time until the matter is resolved.

You are solely responsible for determining whether the use of the Product is legal in your jurisdiction and You shall not use it should such use be illegal in your jurisdiction. If You are uncertain, please seek independent legal advice.

The nature of digital assets may lead to an increased risk of fraud or cyber-attack, including rollback attacks or blockchain reorganizations. Transactions in digital assets may be irreversible, and, accordingly, losses due accidental transactions may not be recoverable. It means that any technological difficulties experienced by CoinDepo may prevent the access or use of your digital assets and/or cause their loss. Although CoinDepo takes precautionary measures to protect against cyber threats, some circumstances may lead to losses or damages.

You understand and agree that You use the CoinDepo Account and the Product at your own risk. This section of the Terms is not exhaustive and does not disclose all the risks associated with the digital assets and the use of the Product and any of the related services.

12. Warranties

In connection with your use of the Product You agree and represent You will not engage in any prohibited use activities defined by any and all applicable laws and regulations of CoinDepo's jurisdiction, as well as the laws of your residence, citizenship, business, locality and any other laws applicable to You.

We reserve the right at all times to monitor, review, retain and/or disclose any information as necessary to satisfy any applicable law, regulation, sanctions programs, legal process or governmental request. We reserve the right to cancel and/or suspend any of your CoinDepo Interest Account and/or block transactions or freeze funds immediately and without notice if we determine, in our sole discretion, that your CoinDepo Account is associated with a prohibited use.

13. Taxes

You agree and acknowledge that You are solely responsible for determining whether and to what extent any taxes in your jurisdiction of residence apply to any interest earned from the use of the Product.

You understand that You are subject to the tax regulations of your jurisdiction and that You are solely responsible for filing/reporting and paying any tax due to the competent taxing authority as required by applicable law.

The CoinDepo is under no obligation to offset your tax liability or advise You on tax matters. Uncertainty in tax laws relating to digital assets may expose You to any currently unknown or future tax consequences associated with your possession of digital assets and use of the Product, for which we are not responsible. You agree and acknowledge that You will not seek compensation from CoinDepo for any costs or losses that may arise as a result of the foregoing uncertainty.

14. Termination of the Agreement

This Agreement will terminate if CoinDepo ceases to provide the Product for any reason. In this case, You will receive a corresponding notification by email.

This Agreement will terminate if your CoinDepo Account is closed on the initiative of either Party.

In the event that your CoinDepo Account is closed at the initiative of the Customer, all your debts to CoinDepo must be repaid and your CoinDepo Account must have no balance until it is closed.

In the event that your CoinDepo Account is closed at the initiative of CoinDepo, You are entitled to a refund of the remaining balance of digital assets, including interest paid on them, unless we are prohibited by any applicable law or a court order to release such digital assets and interest, or in the event when we have reasonable grounds to suspect that your digital assets have been obtained through fraud or any illegal means or are associated with any criminal activity.

In all cases of termination of this Agreement, You will not be entitled to accrued interest for Compounding Periods that have not expired before the date of termination, and such interest will not be paid to your CoinDepo Interest Accounts.

Termination of this Agreement shall not prevent either Party from seeking any remedy or claiming damages from the other Party in the event of a breach of this Agreement by either Party prior to such termination.

15. Limitation of Liability

THE PRODUCT IS PROVIDED "AS IS" AND WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED OR STATUTORY, EXCEPT AS EXPRESSLY PROVIDED IN THESE TERMS AND PERMITTED BY APPLICABLE LAW.

WITH REGARD TO REPRESENTATIONS AND WARRANTIES, WHICH CANNOT BE EXCLUDED, COINDEPO IS LIMITED TO THE FOLLOWING OPTIONS CHOSEN AT OUR SOLE AND ABSOLUTE DISCRETION: COINDEPO PAYS FOR THE COSTS THAT MAY ARISE FOR RE-SUPPLY, REPLACEMENT OR CHANGE IN THE CONDITIOS FOR THE PROVISION OF THE PRODUCT IN CONNECTION WITH WHICH THERE WAS A VIOLATION OF THESE TERMS.

COINDEPO REFUSES ALL OTHER REPRESENTATIONS AND WARRANTIES, OBVIOUS OR IMPLIED, MADE TO YOU, YOUR PARTNERS OR ANY THIRD PARTIES, INCLUDING, AMONG OTHER THINGS, ANY GUARANTEES REGARDING THE QUALITY, SUITABILITY, COMMERCIAL SUITABILITY OR SUITABILITY FOR ANY OTHER SPECIFIC GOALS.

DESPITE ANY PROVISIONS OF THESE TERMS, UNDER ANY CIRCUMSTANCES COINDEPO OR ANY OF OUR REPRESENTATIVES OR AFFILIATES ARE NOT RESPONSIBLE TO YOU FOR ANY LOSSES, DAMAGES OR CLAIMS DUE TO AN UNUSUAL OR UNFORESEEABLE EVENT OUTSIDE OUR REASONABLE CONTROL, THE CONSEQUENCES OF WHICH COULD NOT HAVE BEEN AVOIDED EVEN IF ALL DUE CARE HAD BEEN EXERCISED (FOR EXAMPLE, FORCE MAJEURE, INCLUDING ACTS OF GOD, WAR OR CIVIL UNREST, DISASTERS, ACTS OF DOMESTIC OR FOREIGN COURTS AND GOVERNMENTAL AUTHORITIES, STRIKES, LOCKOUTS, LABOUR DISPUTES, TERRORIST ACTS, RIOTS) THAT ARISE FROM OR IN RELATION TO:

• ANY DELAY, SUSPENSION, INTERRUPTION OF COINDEPO OR THE PRODUCT;

• FAILURE OR INTERRUPTION IN PUBLIC OR PRIVATE TELECOMMUNICATION NETWORKS, COMMUNICATION CHANNELS OR INFORMATION SYSTEMS;

• ACTS OR OMISSIONS BY A THIRD PARTY FOR WHICH WE ARE NOT RESPONSIBLE;

• DELAY, FAILURE, INTERRUPTION OR UNAVAILABILITY OF THIRD PARTY SERVICES;

• ANY REFUSAL TO PROCESS OR AUTHORIZE OR ANY CANCELLATION OF ANY TRANSACTION FOR ANY REASON;

• YOUR INABILITY TO CARRY OUT OR COMPLETE ANY TRANSACTION DUE TO SYSTEM MAINTENANCE, FAILURE OR UNAVAILABILITY OF THE COINDEPO OR PRODUCT;

• ANY UNAUTHORIZED OR INELIGIBLE USE OF THE PRODUCT CONTRARY TO THESE TERMS;

• COMPLIANCE WITH ANY APPLICABLE LAW, COURT ORDERS OR ACTS OF ANY GOVERNMENTAL AUTHORITY;

• HACKING, TAMPERING, TRANSMISSION OF A COMPUTER VIRUS OR OTHER UNAUTHORIZED ACCESS TO OR USE OF THE PRODUCT OR YOUR COINDEPO ACCOUNT OR ANY INFORMATION CONTAINED IN IT.

REGARDLESS OF ANY PROVISIONS OF THESE TERMS, COINDEPO UNDER ANY CIRCUMSTANCES IS NOT RESPONSIBLE FOR YOU FOR ANY KIND OF INCIDENTAL, SPECIAL, PUNITIVE, INDIRECT OR CONSEQUENTIAL DAMAGES, INCLUDING BUT NOT LIMITED TO LOST REVENUE, LOST PROFITS, LOSS OF TECHNOLOGY, LOSS OF DATA, INTERRUPTION OF WORK, OR LOSS OF EQUIPMENT, REGARDLESS OF WHETHER SUCH DAMAGES BEING DIRECT OR INDIRECT, FORESEEABLE OR UNFORESEEABLE, OR EVEN IF YOU HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

COINDEPO SHALL NOT BE RESPONSIBLE FOR ANY ERROR OF ANY THIRD PARTY SERVICE PROVIDER INSTRUCTED BY US. IN ANY SUCH CASES, COINDEPO'S LIABILITY WILL BE LIMITED TO REASONABLE CARE IN THE SELECTION, APPOINTMENT AND INSTRUCTIONS OF SUCH THIRD PARTY SERVICE PROVIDERS (BUT NOT SUB-CONTRACTORS OR OTHER THIRD PARTIES SUCH SUPPLIER MAY USE).

NOTHING IN THESE TERMS LIMITS OR EXCLUDES ANY LIABILITY FOR FRAUD OR GROSS NEGLIGENCE.

16. Default Event and Indemnification

Occurrence of one of the following events is the default event:

• You have breached any of Customer's obligations or warranties under these Terms;

• The performance of your obligations under this Agreement is or becomes illegal;

• We cannot contact You using the contact details You provided when registering your CoinDepo Account.

Upon the occurrence of a default event, CoinDepo has the right to terminate this Agreement with immediate effect and take any legal action that we deem necessary to protect our interests.

To the maximum extent permitted by applicable law, and subject to the exceptions provided in these Terms, You agree and undertake to indemnify, defend and hold harmless CoinDepo, its affiliates and partners or any of their respective officers, directors, agents, employees or representatives from any damages, costs, expenses (including reasonable attorneys' fees) and from any third party claims arising out of your use of the Product as a result of any of the following:

• If You default on your obligations or otherwise violate these Terms;

• Due to illegal or unauthorized use of your CoinDepo Account by You or a third party;

• Because of your illegal actions;

• If, in accordance with these Terms, access to your CoinDepo Account has been blocked;

• Due to interruptions in communication and other interruptions or obstacles beyond our control;

• In connection with the peculiarities of the legal regulation of your jurisdiction in relation to the circulation of digital assets or taxation;

• In connection with any other likely situation, the consequences of which could not have been prevented by due diligence.

To the maximum extent permitted by applicable law, and subject to any exceptions provided for in these Terms, under no circumstances shall CoinDepo, its affiliates and partners or any of their respective officers, directors, agents, employees or representatives be liable to You for any amounts that exceed the amount of your assets in your CoinDepo Account at the time of the direct loss.

17. Applicable Law

These Terms will be governed by and construed in accordance with the laws of the CoinDepo jurisdiction.

In the event of a dispute, when resolving it, the Customer submits to the non-exclusive jurisdiction of the CoinDepo.

18. Final Provisions

This Agreement is deemed to have entered into force from the moment You agree to it when registering your CoinDepo Account.

These Terms are binding on You until the moment when your CoinDepo Account is terminated and all your obligations related to the use of the Product are fully fulfilled.

Any notice sent to You in accordance with these Terms is deemed to have been duly received if it is addressed to the email address You provided when registering your CoinDepo Account. Any notice sent by You to CoinDepo, in accordance with these Terms, must be sent only by email in English to [email protected].

CoinDepo reserves the right to change or supplement these Terms from time to time at its sole discretion at any time. Any such amendments or additions will be in full force and effect from the date they are posted on the CoinDepo Website or in your CoinDepo Account, unless otherwise noted. By continuing to use the Product after any such changes or additions become effective, You signify your acceptance of the amended or supplemented Terms. If You do not want to be bound by any amendments or additions to these Terms, You must immediately stop using the Product.

CoinDepo reserves the right to post legal notices, news, updates, informational messages, notifications and other relevant important information affecting your use of the Product and other CoinDepo services directly on the CoinDepo Website or in your CoinDepo Account without further notice. All such publications are recognized by You as binding upon publication.

The provision of the Product to You does not constitute CoinDepo as your fiduciary or investment advisor, and there is no fiduciary relationship between us. We have no fiduciary or other obligations with respect to your CoinDepo Account, other than those expressly set forth in this Agreement.

Headings in these Terms are inserted for convenience only and do not affect the interpretation of this Agreement.

The invalidity of all or part of any provision of these Terms shall not affect the validity of all or part of any other provision of these Terms. The remaining provisions of these Terms remain in full force and effect.

None of your rights or obligations arising from this Agreement may be assigned or transferred without the prior written consent of CoinDepo. We reserve the right to assign, delegate or transfer this Agreement and the rights and obligations under this Agreement to any third party at any time without prior notice or your consent.

CoinDepo's failure to exercise or enforce any right or obligation arising from these Terms does not constitute a present or future waiver of such right or obligation.

Any matters relating to your use of the Product that are not regulated by this Agreement shall be governed by the CoinDepo General Terms and Conditions. In the event of any inconsistency between these Terms and the the CoinDepo General Terms and Conditions, these Terms shall prevail.

These Terms are written and subject to change only in English. In the event of any discrepancy in translation, the English version of these Terms shall prevail.