1. INTRODUCTION.
2. a) Thank you for choosing Cointracts (“Cointracts”or the company Cointracts Prop FZ-LLC), a legally recognised limited liability proprietary trading firm in the United Arab Emirates (UAE) with its registered office at Loft Office 3, Entrance B, Floor 407, Dubai Media City, Dubai, United Arab Emirates. If the Company relocates its offices, its then-current address will be published on the Website. The following Terms of Use (“TOU” or “Agreement”) serve as a binding agreement between Cointracts and you, the user (“Trader“). This TOU outlines the guidelines and conditions under which you may access and use offerings and trading challenges (collectively, the “Services”) Provided through our website, https://www.cointracts.com/. By accessing or using the Services, you acknowledge that you have read, understood, and agreed to be bound by this TOU. We encourage you to take your time and review this TOU carefully to ensure that you are fully informed about your rights and obligations with respect to using the Services. 
3. b) Should the user find any part of this TOU unacceptable, they are advised not to access the website or utilize any of the Services. If this TOU is considered an offer, then the use of the Services is considered acceptance of this TOU.
4. MODIFICATION/CHANGES.
5. a) The Company reserves the right to suspend, replace, modify, amend, or terminate this TOU at any time and within its sole and absolute discretion. If the Company replaces, modifies, or amends this TOU, your continued use of the Services after the effective date of the said changes will constitute your acceptance to any replacement, modification, or amendment to this TOU.
6. NOT INVESTMENT ADVICE OR SERVICES.
7. a) The Services offered to Traders by Cointracts should not be regarded as investment services. Cointracts does not provide Traders with any advice, instructions, or information on how to conduct transactions while using the services or on any investment instruments involved, nor does Cointracts accept such advice, instructions, or information from Traders. The Services and any guidance provided do not constitute investment advice. Employees, staff, and representatives of Cointracts are not authorized to offer investment advice or recommendations. Should any communication from Cointracts‘s employees, staff, or representatives be misconstrued as investment advice or recommendations, Cointracts clearly states that such information does not constitute investment advice or recommendations and is not liable for them.
8. TRADER ELIGIBILITY AND REPRESENTATIONS.
9. a) When you engage with our Services, you affirm that you are at least eighteen (18)years of age, possess sound judgment, and have the legal capacity to accept and adhere to the terms and conditions of this Agreement. If you are accessing the Services on behalf of a company or another third party, you confirm that you are duly authorized to act on behalf of that entity and have the authority to bind them to this Agreement. You further affirm that your participation in the Services is lawful under the laws of your country or region of residence, and acknowledge that Cointracts may restrict or refuse access to the Services in any jurisdiction where such participation is prohibited by applicable law.
10. b) You also declare that your use of the Services is in compliance with all applicable laws, regulations, ordinances, statutes, or treaties relevant to individuals or business entities in your jurisdiction. Additionally, you assure that there are no existing agreements that restrict or prohibit you from entering into this Agreement.
11. OUR SERVICES.
12. a) What we do: Cointracts is a proprietary trading firm that specializes in offering cryptocurrency trading challenges. It provides a unique platform for traders to showcase their skills in the dynamic world of cryptocurrency trading. Successful participants in these challenges are granted access to funded simulated trading accounts, enabling them to trade using virtual capital allocated by Cointracts. Profits generated from these trades are shared with the traders, allowing them to earn a profit split as a reward for their successful trading strategies.
13. b) How to join us: To become a part of Cointracts, interested traders are required to select a challenge level (from the COINTRACTS TRADING CHALLENGE) that aligns with their trading experience and expertise. Each challenge level comes with an associated fee, which must be paid upon registration. Upon successful enrollment, traders gain the opportunity to engage in trading activities in accordance with the established rules and guidelines of the selected challenge level. Traders can access these challenges after passing the Verification Process, each with different features. Cointracts Trading Challenge varies based on the chosen option, including initial capital, acceptable risk level, and other parameters. Detailed information about each option and its fees can be found on our website and in the Trader Portal. The final fee is based on your selected option when ordering the Cointracts Trading Challenge. We may offer Services under individually negotiated terms, decided at our discretion. Individual discounts and benefits cannot be combined unless explicitly stated by us.

c)Trading Currencies: Cointracts offers its traders the flexibility to trade in a diverse range of cryptocurrencies. The platform supports trading across a wide range of cryptocurrencies, ensuring that traders have access to a broad spectrum of trading options. The specific cryptocurrencies available for trading are meticulously chosen and regularly updated to reflect the prevailing market trends, ensuring that traders have access to the most relevant and potentially lucrative trading opportunities.

1. d) Trading Platforms we use:  Trading platform operators are separate entities from us, and their terms and privacy policies apply when using their services. You must read these terms and policies before submitting an order form. If you place numerous Service orders within a short period, we may contact you via the Trader’s Portal/Dashboard or email as a precaution against harmful or gambling behavior. Continued unreasonable behavior after notification may lead to suspension of further Service orders. If such behavior is linked to Forbidden Trading Practices, actions as outlined in this Agreement, may be taken. We reserve the right to define and set reasonable boundaries for such behavior.
2. ACCOUNT CREATION OR REGISTRATION.
3. a) When signing up as a Trader, you will be required to furnish personal details such as, but not limited to, your full name, email address, postal address, contact number, date of birth, along with a unique username and password for your account. The information you provide will be governed by our privacy policy, which can be found on our website. Your account is exclusively yours and is not to be shared with anyone else. Additionally, you are prohibited from acquiring an account for someone else or having a third party purchase an account for you. You are responsible for safeguarding the secrecy of your account credentials. In the event of any suspicion of unauthorized access to your account, it is imperative to inform the Company immediately.
4. b) Each Trader is permitted only one registered user profile. Within that profile, a Trader may purchase and operate multiple Challenge accounts, whether of the same or different account types. At the Funded stage, only one Funded Account of each account type may be active at a time. Cointracts may impose additional limitations on the number of accounts and reserves the right to require prior written consent for exceptions. It’s crucial that all information you submit through the registration form or Client Section is accurate and up-to-current. You must promptly inform us of any changes or update your details in the Trader Portal. The accuracy and currency of the provided data are your responsibility; we are not obliged to verify this information. 
5. COINTRACTS TRADING CHALLENGE.
6. a) Cointracts Trading Challenge offers a pioneering opportunity in the cryptocurrency market. This program is designed for dedicated traders, providing a chance to earn profits using allocated funds while accessing educational resources from the Cointracts Academy. The Cointracts Challenge is a unique multi-step evaluation system, including Simulated stages and a Funded stage, aimed at offering additional capital skilled traders and uncovering their latent trading abilities.
7. b) The Successful completion of the Cointracts Challenge qualifies participants to become a Cointracts Trader, entitling them to manage a Funded Account with a balance corresponding to the challenge level they have successfully completed. Cointracts Academy supports this journey, offering a wealth of educational tools, courses, lectures, and coaching to guide traders towards financial independence. The Cointracts Challenge is not just a challenge but a pathway to success in the dynamic world of crypto trading.
8. EVALUATION PROCESS IN THE COINTRACTS CHALLENGE.
9. a) Cointracts Challenge Phase: The Cointracts Challenge commences with the Cointracts Challenge, serving as the initial demonstration phase. In this phase, participants are required to exhibit their trading proficiency and strict adherence to our predefined Trading Objectives. This stage is crucial as it sets the foundation for participants’ progression in the Cointracts Challenge program. Only those who successfully meet the criteria of trading expertise and compliance with the Trading Objectives will advance to the subsequent phase of Verification.
10. b) Verification Phase: Verification constitutes the concluding demonstration phase prior to attaining the status of a Cointracts Challenge Trader. This phase demands participants to consistently demonstrate their trading acumen. Successful navigation through this phase, marked by consistent and proficient trading results, qualifies participants to progress to the Cointracts Trading Challenge Funded Account stage. The Verification phase is pivotal in ensuring that only those with proven and consistent trading skills are promoted to engage in simulated trading with Cointracts’s allocated virtual capital.
11. c) Becoming a Cointracts Challenge Trader: Upon successful completion of the Verification phase, participants are elevated to the esteemed role of a Cointracts Challenge Trader. As a Cointracts Challenge Trader, individuals are entrusted with a crypto-funded Cointracts Challenge Account to engage in simulated trading. It is imperative for Cointracts Challenge Traders to trade judiciously and aim for steady profit generation. As a reward for their skill and discipline, Cointracts Challenge Traders are entitled to retain EIGHTY PERCENT (80%)of the profits earned from their trading activities. This phase underscores the importance of responsible and strategic trading, reflecting the core values and objectives of the Crypto Proprietary Trading Challenge.

 This Evaluation Process is designed to rigorously assess and cultivate trading expertise, ensuring that only the most skilled and disciplined traders are granted the privilege and responsibility of managing a Cointracts Challenge Funded Account.

9. CHALLENGE LEVELS AND ACCOUNT BALANCE.
10. a) Challenge Levels: Cointracts offers a tiered Cointracts Trading Challenge comprising multiple challenge levels. Each level is defined by its own account balance, challenge fee, profit split, leverage, and trading objectives (including maximum drawdown, profit target, and minimum trading days).
11. b) Current Details and Changes: The available challenge levels, together with their current account balances, challenge fees, features, and trading objectives, are published on the Cointracts website and in the Trader Portal, and are set out in the order form at the time you place your order. These details constitute the definitive terms of your selected level and may be updated by Cointracts from time to time as its product offering evolves. Cointracts reserves the right to modify, add, or discontinue any challenge level or its parameters at any time without prior notice; any such change does not affect Services already purchased. Where a challenge level provides for a refund of the challenge fee upon successful completion, the conditions for that refund are governed by the Refund Policy.
12. FEES AND PAYMENT.
13. a) Fee Structure for Trading Challenges: The fee for participating in Cointracts‘s Trading Challenges varies based on the selected option. This fee is dependent on factors such as initial capital amount, acceptable risk level, and specific challenge parameters that must be met for successful completion of the Trading Challenge and subsequent Verification. Detailed information about each option and its associated fees is available on the Cointracts website and in the Trader Portal. The final fee is determined at the time of selecting an option on the order form. Cointracts reserves the right to offer Services under individually negotiated conditions, which are determined at our discretion. 
14. b) Challenge Selection and Verification: The option selected for the Trading Challenge applies to the subsequent Verification phase. The parameters and currency used in the Verification will correspond to those chosen for the Trading Challenge. Once an option is selected, it cannot be changed, except when ordering a new Trading Challenge. Upon submitting the order form for the Services and/or the selected challenge level, Cointracts will confirm receipt via email, and the contract shall be executed upon payment of the selected option’s fee.
15. c) Order Limitations: If a Trader places an excessive number of orders within a short period, Cointracts may issue a warning to mitigate potential harmful behavior. Continued unreasonable behavior may result in suspension of further Service orders. If such behavior is linked to Forbidden Trading Practices, appropriate actions as outlined in this TOU will be taken. Cointracts reserves the right to determine the nature of such behavior and set reasonable boundaries for these determinations.
16. d) Fee Adjustments: Cointracts maintains the right to unilaterally modify the fees and parameters of the Services at any time. Changes will not affect Services already purchased prior to the notification of such changes.
17. PAYMENT TERMS.
18. a) Methods of Payment: Traders can pay the fee for their selected Trading Challenge option using various methods, including cryptocurrency, or any other payment methods available on the Website. The fees for Cointracts‘s Trading Challenge options are denominated in USD. However, payment can also be made in other currencies not specified on the Website. Traders should be aware that if payment is made in a currency different from the one selected on the Website, the amount will be converted based on the current exchange rates at the time of payment.
19. b) Payment Processing and Obligations: For payments made via cryptocurrency or any other express payment method, the transaction is completed immediately. The fee is considered paid when the full amount is credited to Cointracts account. If the payment is not made in a timely manner, Cointracts reserves the right to cancel the order. The Trader is responsible for any fees charged by their chosen payment service provider in connection with the transaction. It is the Trader’s duty to ensure that the full fee for the selected Trading Challenge is paid, covering all associated transaction costs.
20. c) Inclusive Service Charges and Tax Obligations: All service charges are inclusive of applicable taxes. Traders are responsible for fulfilling all tax obligations related to the use of our Services in accordance with the prevailing laws. This includes the proper payment of any taxes or other fees, if applicable. Traders are encouraged to review these terms carefully and ensure they understand their obligations and options when making payments for Cointracts services.
21. d) High-Risk Payment Review: Where our payment processors flag a Trader as “high risk,” Cointracts may request additional documentation or information. Failure to provide the requested documentation or information within twenty-four (24) hours may result in revocation of access to Cointracts’s Services. Submission of the requested documentation does not automatically reverse the “high risk” status and may still result in ineligibility for the Services.
22. TRADER’S PORTAL OR DASHBOARD.
23. a) Single Client Portal or Dashboard Policy: Each Trader is entitled to only one Trader’s Portal. All services available by the Trader must be consolidated and managed within this singular Trader’s Portal. The number of Cointracts Trading Challenges and Verifications per Trader’s Portal may be subject to limitations. These limitations are based on the cumulative initial capital amounts of the products ordered or other defined parameters. Unless explicitly authorized by Cointracts, Traders are prohibited from transferring or combining initial capital amounts across different products. Similarly, the transfer or amalgamation of performance metrics, service parameters, data, or any other related information between products is not permitted.
24. b) Security and Usage of Trader’s Portal and Trading Platform: Access to the Trader’s Portal and Trading Platform is secured by login credentials, which must not be disclosed or shared with any third parties. If a Trader registers as a legal entity, they may authorize their employees or representatives to use the Services via their Trader’s Portal. The Trader bears full responsibility for all activities conducted through their Trader’s Portal and/or Trading Platform. Cointracts is not liable for any misuse of the Trader’s Portal, Trading Platform, or any part of the Services, nor for any adverse consequences that arise due to such misuse attributable to the Trader.

c)Service Availability and Data Security: Traders should be aware that the Services, including access to the Trader’s Portal and Trading Platform, may not be available at all times, especially during periods of maintenance, upgrades, or for other reasons. Cointracts is not responsible for, nor owes any compensation for, the unavailability of these services or for any damage or loss of data or content uploaded, transferred, or saved through the Client Section or Trading Platform.

1. d) Deleting the Dashboard: Traders may request the deletion of their Dashboard at any time by emailing support@cointracts.com. Such a request will be treated as a contract termination initiated by the Trader, resulting in the forfeiture of their right to use the Services, including the Dashboard and Trading Platform. COINTRACTS will promptly confirm the receipt of the deletion request via email, thereby concluding the contractual relationship. In this event, Traders are not entitled to any refund of previously paid fees or reimbursement of incurred losses or costs, if any.
2. e) Third-Party Platform Operators: Traders must acknowledge that trading platform operators are separate entities from Cointracts, and their terms, conditions, and privacy policies apply when using their services. Traders are required to review these terms before submitting an order form.
3. COINTRACTS RULES FOR SIMULATED TRADING.
4. a) Acceptable Trading Practices: During simulated trading on Cointracts’s Trading Platform, you are permitted to conduct various transactions, provided they do not fall under the category of forbidden trading strategies or practices as detailed in this Agreement. You are expected to adhere to standard market practices and rules applicable to financial market trading, such as those pertaining to risk management. Be aware that the Trading Platform you choose may impose its own set of restrictions.
5. b) Data Handling Consent: You acknowledge that Cointracts has access to the details of your simulated trades on the Trading Platform. By engaging in simulated trading, you consent to Cointracts sharing this information with affiliated groups or entities and authorize them to manage this information as they see fit. This consent includes automatic handling of your data without the need for additional approval from you, and you will not be entitled to any compensation related to the use of this data. Cointracts understands that your simulated trading does not constitute investment advice. You have the right to pause your simulated trading at any time. Cointracts is not responsible for the accuracy of information displayed on the Trading Platform, nor for any interruptions, delays, or inaccuracies in the market information provided on your Dashboard.
6. c) Prohibited Trading Practices: During simulated trading, the following practices are strictly prohibited: 

1. Using external or slow data feeds for trading.
2. Violating the terms and conditions of Cointracts and the Trading Platform.
3. Exploiting service errors, such as incorrect price displays or delayed updates. 
4. Using software or methods that unfairly manipulate or abuse Cointracts systems.
5. Engaging in manipulative trades, including opposite positions across connected accounts.
6. Trading in ways that contradict standard financial market practices or could harm Cointracts. Cointracts reserves the right to define and identify Forbidden Trading Practices.

d)Consequences of Prohibited Practices: Engagement in Forbidden Trading Practices may lead to:

1. Immediate cancellation of all Services and termination of the Agreement.
2. Failure to meet the conditions of Cointracts‘s Trading Challenge or Verification.

iii. Removal of violating transactions from your trading history and exclusion from profit/loss calculations.

1. e) Enforcement and Third-Party Account Breach: If Forbidden Trading Practices are detected across various accounts or combined trading scenarios, Cointracts may cancel all Services and terminate all related contracts at its discretion. Use of Cointracts Trader accounts in Forbidden Trading Practices may breach third-party terms and lead to account cancellation and termination of agreements by the third-party provider. Repeated engagement in Forbidden Practices, despite prior notification, may result in restricted access to all Services, including the Dashboard and Trading Platform, without compensation or refund of fees paid.
2. f) External Trading Activities: Cointracts is not liable for any trading or investment activities conducted outside its Services, even if such activities utilize the same Trading Platform as for simulated trading.
3. g) Market Risks and Performance: Financial markets are subject to rapid and significant changes. Trading may not always be profitable and can incur substantial losses. Past performances in simulated trading do not guarantee future success or profits.
4. h) The Provision and Incorporation of Guidelines: Cointracts shall make available the guidelines pertinent to the Services and/or challenges on its website and through electronic mail communication upon an individual’s commencement as a Trader. These guidelines, subject to modification at Cointracts exclusive discretion, are hereby fully integrated into this Agreement. Cointracts explicitly disclaims any representations, warranties, or guarantees, whether express or implied, regarding future employment prospects as a Trader, monetary remuneration, or any form of compensation or reward contingent upon a Trader’s performance.
5. i) Trading Consistency and Hedging Restriction: Cointracts applies the following rules. “70% Total Margin Cap”: at all times, the combined margin of all open positions must remain strictly below 70% of the account balance, and this cap applies to both Challenge accounts and Funded Accounts. “50% Profit Day Ratio”: for Funded Accounts only (Challenge accounts are not subject to this ratio), no single trading day’s profit may equal or exceed 50% of the Trader’s total positive-day profits. Hedging is strictly prohibited — including within a single account, across multiple accounts, or through coordinated trading with third parties.
6. COINTRACTS PROHIBITED PRACTICES.
7. a) Legal and Rights Compliance: Traders are strictly prohibited from using the Services in any manner that violates local, state, provincial, national, or international laws, statutes, ordinances, or regulations. Additionally, the use of the Services to infringe upon third-party rights, including but not limited to intellectual property, privacy, publicity, or other personal or proprietary rights, is expressly forbidden.
8. b) Restrictions on Service Misuse: Traders are expressly forbidden from engaging in activities such as scraping, crawling, framing, unauthorized linking, aggregating, hacking, performing denial of service (DOS) attacks, reverse engineering, or bypassing the technological protection measures of the Services or Cointracts website.
9. c) Spam and Unauthorized Content: Using the Services or Cointracts website to send unsolicited commercial emails to third parties or other Traders of Cointracts is prohibited. While Cointracts  is not responsible for content posted by its Traders and does not actively monitor such content, it reserves the right to remove any such content.
10. d) Prohibited Trading Strategies: Traders are prohibited from employing any trading strategy explicitly forbidden by Cointracts or its affiliated trading platforms. Prohibited Trading includes, but is not limited to:
11. Front-running trades.
12. Using non-public or insider information.

iii. Exploiting pricing or platform errors or latency from the platforms.

1. Trading in a manner that creates regulatory issues for the platforms.
2. Using third-party or marketed strategies to pass assessment challenges.
3. Engaging in Equity CFDs at the end of the trading day to profit from market gaps.

vii. Arbitraging an account with another account within Cointracts or any third-party company.

viii. Trading in ways that harm Cointracts’s relationships with affiliated platforms or lead to trade cancellations.

1. Switching strategies between assessment and funded accounts, as determined by Cointracts.
2. e) Consequences of Prohibited Trading: If Cointracts detects Prohibited Trading, the Trader’s participation will be terminated, which may include the forfeiture of any fees paid. Before receiving a funded account, trading activities will be reviewed to identify Prohibited Trading and If any is found, the Trader will not receive a funded account. Cointracts reserves the right to disallow or block any Trader from participating in its program for any legitimate business, compliance, risk-management, fraud-prevention, or regulatory reason, at Cointracts’s sole discretion.
3. INTELLECTUAL PROPERTY RIGHTS (IPRs).
4. a) Trademark Ownership and Usage Restrictions: You acknowledge that all trademarks, trade names, design marks, or logos displayed on Cointracts’s website are either common law or registered trademarks owned by or licensed to Cointracts. You are strictly prohibited from using Cointracts’s trademarks in a manner that could confuse, mislead, or deceive consumers, or falsely imply endorsement or origin of your products or services. Additionally, the use of Cointracts’s trademarks in domain names, keyword advertisements, trigger keyword advertisements, or meta tags is expressly forbidden. Trademarks not owned by Cointracts are the property of their respective owners. 
5. b) IPRs and Website Use: Cointracts, along with its suppliers and licensors, reserves all intellectual property rights in all text, programs, products, processes, technology, content, and other materials on its website. Access to Cointracts’s website does not grant, nor should it be construed as granting, any license under any of Cointracts’s or any third party’s intellectual property rights. All rights, including copyrights, on the website are owned by or licensed to Cointracts or its third-party suppliers. Any use of the website or its contents, including copying or storing in whole or part, other than for personal, non-commercial use, is prohibited without Cointracts’s explicit permission. Modification, distribution, or reposting of anything on the website for any purpose is not allowed.
6. c) Trademark and Service Mark License: The names, logos, and all related products, services, and slogans of COINTRACTS are trademarks or service marks owned by or licensed to Cointracts. All other marks are the property of their respective owners. No trademark or service mark license is granted in connection with the materials on Cointracts’s website. Access to the website does not authorize the use of any name, logo, or mark in any manner.

d)Copyrights and Usage of Website Contents: All materials on Cointracts’s website, including images, text, illustrations, designs, icons, photographs, programs, audio clips, video clips, and other materials (collectively, “Contents”) are intended solely for personal, non-commercial use. No right, title, or interest in any downloaded materials or software is transferred to you as a result of downloading or copying. Reproduction, publication, transmission, distribution, display, modification, creation of derivative works, selling, or exploitation of the website’s contents in any way, in whole or in part, is strictly prohibited. All software used on the website is the property of Cointracts or its suppliers and is protected by the laws of the United Arab Emirates. The compilation of all contents on Cointracts’s website is the exclusive property of Cointracts and is also protected by UAE laws.

16. RISK ACKNOWLEDGMENT AND DISCLAIMER.
17. a) Investment Considerations: Prior to engaging in financial market activities, it is crucial for you to thoroughly assess your investment goals, experience level, and tolerance for risk. Most importantly, you should only invest funds that you can afford to lose without impacting your financial stability.
18. b) Risk Exposure in Trading: Participating in trading transactions exposes you to significant risks. These include, but are not limited to, the use of leverage, the credit standing of parties involved, limited regulatory oversight, and market volatility. Such factors can greatly influence the value of the trading products you engage in.

c)Impact of Market Movements: Due to the leveraged nature of trading, any movement in the market can have a proportionally amplified impact on your invested funds. This leverage can result in outcomes that are both advantageous and disadvantageous to your financial position.

d)Risks of Internet-Based Trading: Engaging in an Internet-based trading system carries inherent risks, including failures of hardware, software, and Internet connectivity. Cointracts is not liable for any communication failures or delays experienced while trading over the Internet. Although Cointracts implements backup systems and contingency measures to reduce the risk of system failure, the inherent risks of online trading cannot be eliminated entirely.

17. EDUCATIONAL RESOURCES, TRAINING AND SUPPORT.
18. a) Access to COINTRACTS Academy: Cointracts is dedicated to fostering the growth and development of talented traders. Upon engaging with Cointracts’s Challenges and/or Services, traders are granted complimentary access to the COINTRACTS ACADEMY. This platform offers a curated collection of courses, lectures, and news articles designed to enhance your trading knowledge and skills. Our aim is not just to identify trading talent but to cultivate it with comprehensive educational resources. Beyond the courses, Cointracts offers educational resources to support your trading development.
19. b) Educational Content Disclaimer: Cointracts through the COINTRACTS ACADEMY furnishes a variety of educational resources, data, information, and content regarding investment strategies and trading opportunities. It is imperative to understand that such materials are disseminated solely for the purpose of providing general information and education. Cointracts expressly refrains from soliciting Traders to undertake any specific actions based on this content. Consequently, Traders should not interpret the provided data, information, or content as constituting professional advice in the realms of investment, finance, taxation, law, or other specialized fields. As such, you agree not to hold the Company liable for any possible claims of damages that may arise from any decision that you make based upon the use of data, information, and content on the Company website.
20. c) Accuracy, Completeness, and Liability Limitation: Cointracts does not assert the accuracy or completeness of any data, information, or content presented on its website. The onus of assessing the value and potential risks associated with the utilization of such materials rests solely with the Trader. By accessing and using this content, Traders acknowledge their sole responsibility in this regard. Traders hereby acknowledge and agree that Cointracts shall not be held accountable for any claims of damages that may emerge from decisions made based on the utilization of educational resources, data, information, and content available on Cointracts’s website. Traders assume full responsibility for the consequences of their decisions influenced by Cointracts’s educational materials.

d)Responsibility and Risk Awareness: While Cointracts provides extensive educational content, it is crucial for traders to understand that trading involves significant risks. The decision to trade should be made with a clear understanding of these risks and an assessment of your own investment objectives, experience level, and risk appetite. For those uncertain about their trading decisions, seeking advice from a financial or tax advisor is highly recommended.

18. WITHDRAWALS AND PAYOUTS.
19. a) Profit Split Ratio and Payout Schedule: Initial Profit Split: Cointracts offers an initial profit split ratio of 80:20 in favor of the traders. Cointracts calculates traders’ profits to determine the amount eligible for the profit split. Once a Trader has realised an actual profit and satisfied all applicable withdrawal conditions, they may submit a withdrawal request once every twenty-four (24) hours. Traders are given the option to select their Profit Split Day within a ten (10) day window from the commencement of trading each month. In the absence of a selection, the default Profit Split Day will be designated as the last day of the trading month. 
20. b) Withdrawal and Payout Methods:Cointracts typically processes withdrawal requests within three (3) business days of submission, and in any event no later than seven (7) business days. Traders also have the liberty to adjust their Virtual Profit Split Day up to three times, facilitating better alignment with their personal financial planning.
21. c) Withdrawal Options: Traders can withdraw their profits in USDT via the Tron (TRC-20) blockchain network. To accommodate transaction fees, withdrawals are subject to a minimum threshold of USD 100.
22. d) Reinvestment of Profits: Traders are provided with the opportunity to reinvest their profits to enhance their trading capital, fostering growth and potentially higher future earnings. Despite the reinvestment of profits, Cointracts’s share of the profit split will be consistently deducted on each Profit Split Day, ensuring a transparent and fair distribution of earnings.
23. TERM AND TERMINATION.
24. a) Duration of Agreement: This Agreement shall commence upon your procurement of any Service and/or registration for any of the challenges provided by Cointracts and shall persist until such time as Cointracts selects to terminate your access to the Services, or you elect to cease utilization of the Services.
25. b) Termination Rights: Cointracts may terminate the Services or your access to the Cointracts challenge and/or website (i) for fraud, abuse, prohibited trading, material breach of these TOU, compliance or regulatory reasons, or operational risk, or (ii) immediately and without advance notice where required for fraud prevention, security, or legal or regulatory compulsion, in each case at its sole discretion.
26. FORCE MAJEURE.

Cointracts shall not be held accountable for any claims, losses, damages, costs, or expenses, inclusive of legal fees, that arise directly or indirectly due to circumstances beyond Cointracts’s control. Such circumstances encompass, but are not limited to, civil unrest, warfare, uprisings, international interventions, actions, or inactions by governmental entities (including, but not limited to, the imposition of exchange controls, confiscations, nationalizations, currency devaluations), natural calamities, divine acts, market fluctuations, or the inability to establish communication with pertinent parties. Additionally, any interruption, delay, dysfunction, or failure of transmission, communication systems, or computer facilities, whether owned by Cointracts, the Trader, or any external service providers, falls under this provision.

21. DISCLAIMER OF WARRANTIES AND LIMITATION OF LIABILITY.
22. a) You, the Trader, expressly acknowledge and accept that the Services and Cointracts’s website are made available on an “As-Is” basis, devoid of any form of warranty, either explicit or implicit. This includes, but is not limited to, the disavowal of warranties of title, merchantability, precision, suitability for a specific purpose, security, and non-infringement. Subject to the provisions permissible under the laws of the United Arab Emirates, Cointracts absolves itself from any responsibility or liability for any claims, damages, judgments, charges, or fees that may arise, either directly or indirectly, from the content presented on the website, or from your engagement with, or access to, the Services or Cointracts’s website. This encompasses, but is not limited to, compensatory, consequential, special, incidental, punitive, and exemplary damages, including costs and legal fees, damages resulting from inaccuracies or omissions, and damages due to the unavailability or downtime of the website.
23. b) Your engagement with the Services and/or Cointracts’s website is undertaken at your own discretion and risk. It is hereby clarified that Cointracts’s liability, should it be established by a competent authority, shall be confined to the maximum extent permissible under UAE law, and shall not exceed the total amount you have paid for the Services, or the sum of ONE THOUSAND DOLLARS ($1,000), whichever is lower. 
24. INDEMNIFICATION
25. a) Commitment to Indemnification: You hereby covenant to indemnify, defend, and exonerate Cointracts, along with its executives, shareholders, directors, employees, subsidiaries, affiliates, partners, and agents, from and against any and all liabilities, losses, damages, costs, and expenses, including reasonable legal fees, that arise directly or indirectly from your utilization of Cointracts’s website; any breach by you of any provision of this Agreement; your infringement upon the rights of any third party, including but not limited to intellectual property rights or other personal or proprietary rights; and your contravention of any applicable laws, statutes, ordinances, regulations, or treaties, irrespective of their jurisdictional scope.
26. b) Defense and Control of Litigation: Your obligation to provide defense for Cointracts under this indemnification clause shall not bestow upon you the right to direct or oversee Cointracts’s legal defense strategy. Cointracts retains the sole prerogative to manage its defense as it deems appropriate, including the selection of legal counsel and the decision to litigate or settle any claim for which indemnification is sought under this clause.
27. DISPUTE RESOLUTION.
28. a) Negotiation: In the event of any dispute or disagreement arising out of or in connection with this Agreement, the Parties shall first attempt to resolve the dispute amicably through good-faith negotiations. If the Parties are unable to reach a resolution through negotiations within thirty (30) days from the date a dispute arises, either Party may initiate conciliation by providing written notice to the other Party.
29. b) Mediation: Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall initially be referred to the Ras Al Khaimah Commercial Arbitration Centre (RAK Arbitration Centre) and attempted to be settled by mediation under the RAK Arbitration Rules in force on the date of the submission of the application for Mediation (“the Rules”), which Rules are deemed to be incorporated by reference into this clause. The language of the conciliation shall be the English Language.
30. c) Arbitration: If the Parties fail to resolve the dispute through Negotiation or Mediation, any unresolved dispute, controversy, or claim arising out of or relating to this Agreement, including its breach, termination, or validity, shall be referred to and finally resolved by binding arbitration under the RAK Arbitration Rules (“the Rules”) in force on the date of the submission of the request for arbitration, which Rules are deemed to be incorporated by reference into this clause. A single arbitrator shall be appointed in accordance with the Rules. The seat (legal place) of the arbitration shall be Ras Al Khaimah, United Arab Emirates (UAE), and the arbitration shall be administered by the Ras Al Khaimah Commercial Arbitration Centre (RAK Arbitration Centre). The arbitration proceedings shall be conducted in the English language and governed by the laws of the Emirate of Ras Al Khaimah and the applicable laws of the United Arab Emirates. The arbitral award shall be final and binding upon the Parties, and the Parties agree to abide by and comply with it without delay.
31. MISCELLANEOUS.
32. a) Modification of the Terms. Cointracts may amend the content of these TOU from time to time for the purposes of:

(i) adapting the TOU to any regulatory or legislative provisions in force or in the process of being adopted;

(ii) adapting the TOU to any decision of a judicial body, a consumer agency or body, or of any other competent authority, which affects the Platform, its content or the Courses offered therein; 

(iii) preventing abuses or damages or for security reasons;

(iv) reflecting any legal changes, updates, improvements, or changes to the services, the Platform and/or to its content.

Any amendment to these TOU is made at Cointracts’s sole and absolute discretion pursuant to Section 2 (Modification/Changes), and your continued use of the Services following the effective date of any amendment constitutes your acceptance of the amended TOU.

1. b) Severability: If, in any jurisdiction, any provision of these TOU or their application to any party or circumstance is restricted, prohibited or unenforceable, such provision shall, as to such jurisdiction, be ineffective without invalidating the remaining provisions of these TOU and without affecting the validity or enforceability of such provisions in any other jurisdiction or without affecting its application to other parties or circumstances. Where possible, any such provision shall apply to the fullest extent permitted by law and be interpreted and applied to a lesser extent, where necessary to be valid.
2. c) Assignment: Traders are expressly prohibited from assigning their rights and duties under this TOU or Agreement. The Company reserves the right to assign its rights and duties under this Agreement, including in a sale of the Company and/or its Services.
3. d) Waiver: No term or condition of this Agreement or breach of this Agreement will be deemed to have been waived or consented to, unless the said waiver is in writing and signed by the party to be charged.
4. e) Entire Agreement: This Agreement contains the entire agreement between the Company and the Traders regarding the use of the Services provided by the Company, and supersedes all prior understandings, agreements, or representations between the Company and the Traders, whether written or oral.
5. f) Governing Law and Jurisdiction: This Agreement shall be governed by and construed in accordance with the laws of the Emirate of Ras Al Khaimah and the applicable laws of the United Arab Emirates (UAE), without regard to conflict-of-laws principles. The arbitration agreement in Section 23 is the exclusive mechanism for resolving any dispute, controversy, or claim arising out of or relating to this Agreement. Subject to that arbitration agreement, the courts of Ras Al Khaimah, UAE shall have exclusive jurisdiction over (i) any application to compel, recognize, or challenge an arbitral award, and (ii) any matter that applicable law expressly excludes from arbitration.
6. g) Survival: Any provisions of this Agreement that, by their nature, are intended to survive the termination or expiration of this Agreement shall continue to be binding upon the Parties.
7. DEFINITION OF TERMS.

• “Agreement”: Refers to this Terms of Use (TOU)between Cointracts and the trader outlining the terms and conditions of the use of Cointracts Services and the Platform.
• “Trader”: Refers to an individual who participates in Cointracts’s trading challenges and uses the Services and the platform.
• “Services”: Refers to the range of offerings provided by Cointracts, including trading challenges, access to the Cointracts Academy, and trading platforms.
• “Cointracts Academy”: Refers to an educational platform provided by Cointracts that provides traders with courses, lectures, and other learning materials related to cryptocurrency trading.
• “Profit Split”: Refers to the division of profits earned from trading between Cointracts and the trader, according to a predetermined ratio.
• “Payout Schedule”: Refers to the timeline within which traders can withdraw their share of profits.
• “Withdrawal Methods”: Refers to the various channels through which traders can receive their payouts, such as bank transfers, electronic wallets, or cryptocurrencies.
• “Minimum Withdrawal Amount”: Refers to the lowest amount of profit that a trader can request to withdraw from their trading account.
• “Scaling Plan”: Refers to a program that allows traders to increase their profit split ratio and trading capital based on their trading performance.
• “Indemnification”: Refers to the trader’s obligation to protect Cointracts against any losses, damages, or expenses arising from their wrongful use of the Services or violation of the TOU.
• “Force Majeure”: Refers to the exemption of Cointracts from liability for any failure to perform its obligations due to events beyond its control, such as natural disasters or governmental actions.
• “Affiliate Partnership (AP) Program”: Refers to a program that allows individuals to earn commissions by referring new traders to Cointracts.
• “Commission Rate:” Refers to the percentage of registration fees that affiliates earn from traders they refer to Cointracts.
• “Intellectual Property”: Refers to the legal rights to inventions, literary and artistic works, symbols, names, images, and designs used in commerce, owned, or licensed by Cointracts.
• “Prohibited Trading Practices”: Specific trading behaviors or strategies that are not allowed on Cointracts’s platform, such as exploiting platform errors or engaging in manipulative trading.
• “Registration Fees”: Refers to the charges that traders must pay to participate in Cointracts’s trading challenges.
• “Funded Account”: Refers to a simulated trading account provided to successful traders post-challenge, on which they trade with virtual capital allocated by Cointracts; any profits generated are simulated profits used solely to calculate the Trader’s payout.
• “Challenge Level”: Refers to the tier or stage of a trading challenge designed to match a trader’s experience and skill level.
• “Profit Split Day”: Refers to the designated day each month when profits are calculated and the trader’s share is determined for payout.
• “Virtual Profit Split Day”: Refers to a flexible date chosen by the trader for the calculation of their profit share, adjustable up to three times for alignment with personal financial planning.
• “Payout Rebate System”: Refers to Cointracts’s mechanism for processing and disbursing trader earnings.
• “Eligibility Criteria”: Refers to the set of requirements that traders must meet to participate in Cointracts’s programs and challenges.
• Enrollment Process: Refers to the steps a trader must follow to register for Cointracts’s services, including challenge participation.
• “Commission Structure”: Refers to the framework outlining how affiliate commissions are calculated and disbursed based on referred trader registrations.
• “Payout Frequency”: Refers to the regular intervals at which Cointracts processes and disburses payouts to traders and affiliates.
• “Deceptive Practices”: Refers to any fraudulent or misleading actions by traders or affiliates aimed at manipulating trading outcomes or referral commissions.
• “Spamming”: Refers to the act of sending unsolicited or irrelevant messages, particularly in large quantities, which is prohibited for affiliates in promoting Cointracts’s services.
• “Ethical Promotion”: Refers to the requirement for affiliates to use honest and responsible methods in advertising Cointracts’s services, adhering to legal and moral standards.