General Terms & Conditions

Modifications to the Terms of Service

Quantia reserves the right to make changes to the Terms at any time. It is your responsibility to review the Terms from time to time to see if modifications have been made. Your continued use of the Online Platform after any modification of the Terms will conclusively indicate that you accept those changes. Notwithstanding the above, we will seek your consent to future modifications to the Terms to the extent we are required to do so by law.

Electronic Communication

By agreeing to these Terms, you consent to Quantia delivering such Communications to you in electronic form, including e-mail. Consent for electronic delivery applies to every year the Communications are furnished. If you no longer have access to your account to receive the Communications in electronic format, then you may request the Communication in written form.

You agree that all terms and conditions, agreements, notices, disclosures and other communications that we provide to you electronically satisfy any legal requirement such communications would satisfy if they were provided in writing. Quantia will use reasonable efforts to honor any request you may have to opt out from receiving certain e-mails. With respect to these Terms, you waive any rights to require an original (non-electronic) signature or delivery or retention of non-electronic records, to the extent such waiver is not prohibited under applicable law.

Consent to communication

You grant your explicit consent to Quantia’s use of your mobile phone number for the purpose of provision of any information and sending of any messages and notifications in regard to our contractual relations, including for marketing purposes.

Intellectual Property Rights.

Other than content you own, which you may have opted to include on this Website, under these Terms, Quantia and/or its licensors own all rights to the intellectual property and material contained in this Website, and all such rights are reserved. You are granted a limited license only, subject to the restrictions provided in these Terms, for purposes of viewing the material contained on this Website.

Registration

Basic access to the Online Platform is publicly accessible. However, to use certain features of the Online Platform, you must complete the registration process by verifying your email address. Once registered, a Quantia Account will be created for you to access your application and other resources.

You agree that the registration information you provide is accurate, complete and current. You further agree to promptly update that information to keep it accurate, complete and current.

YOU UNDERSTAND THAT A CHANGE IN YOUR STATE OF RESIDENCE MAY IMPACT YOUR ELIGIBILITY TO ACCESS AND USE THE ONLINE PLATFORM, AND HEREBY AGREE TO NOTIFY US IN ADVANCE OF ANY CHANGE IN YOUR STATE OF RESIDENCE.

If you register on behalf of a business entity or other organization, you represent and warrant that you have the authority to provide the information required and to bind the organization to the Terms. You acknowledge and agree that Quantia, in its sole discretion, may suspend or discontinue your, and refuse any and all current and future, access to or use of you Quantia Account at any time without notice to you.

Identity Verification

Identification ensures we remain in compliance with applicable information reporting requirements in the jurisdictions in which we operate, something that is necessary for us to be able to continue to offer digital currency services to our clients. Quantia collects and verifies your personal and financial information. We also may obtain personal information from third parties in order to verify your identity, or to prevent fraud. Personal information collected from any source may include, among other things, your name and address, taxpayer identification number, and date of birth. You certify under penalty of perjury that the information provided is correct. You hereby authorize us, or a third-party service provider that we designate, to take any measures that we consider necessary to confirm the personal information you provide, verify and authenticate your personal information, and take any action we deem necessary based on the results. You acknowledge that this process may result in a delay in registering your Quantia Account, and that you may not be authorized to access or use your Quantia Account until your registration has been successfully completed.

Account Security and Password

Quantia disclaims all liability, and you acknowledge and agree that we will not be liable, for or in connection with any harm or damages to you or to any party resulting from the theft or unauthorized use of your user ID or password. Data transmitted via the Online Platform may use a Secure Sockets Layer (SSL) protocol, and data may be encrypted on some pages of the Online Platform. To the extent such technology is utilized on a given page, you may be unable to use certain account or customization features of the Online Platform unless your web browser software supports such encryption. Please note that no technology can be considered completely secure or impenetrable and internet protocols and other public and/or proprietary technology used or accessed by the Online Platform may be vulnerable to exploitation or compromise by persons engaged in hacking or criminal conduct. Subject to applicable law, Quantia shall have no liability to you for any such exploitation or criminal conduct by third parties.

As part of our legal compliance program (“AML Program”), we will monitor your Quantia Account and your use of the Online Platform, and review your personal information on an ongoing basis, as may be required by law or pursuant to our internal policies and procedures. At any time, we may require you to provide us with additional personal information as a condition to your continued access to and use of your Quantia Account and the Online Platform. During such time, your access to and use of your Quantia Account and the Online Platform may be temporarily restricted.

Potentially Fraudulent Activity

Any actual or suspected unauthorized access or unauthorized activity will be treated by us as potentially fraudulent (“Potentially Fraudulent Activity”). You agree to notify us immediately if you become aware of or suspect any Potentially Fraudulent Activity. For avoidance of doubt, you are deemed to be aware of Potentially Fraudulent Activity upon receipt of any notice of the occurrence of such activity. Upon receipt of written notice from you of any Potentially Fraudulent Activity, we will take reasonable steps to protect your Quantia Account, including, for example, by temporarily restricting access to your Quantia Account, suspending any pending transactions, or requiring you to change your login credentials. You agree to promptly report any Potentially Fraudulent Activity to legal authorities if required by applicable law, and to provide us a copy of any report prepared by such legal authorities. In the event of a legal investigation of any Potentially Fraudulent Activity, you further agree to (i) cooperate fully with the legal authorities and Quantia in such investigation; (ii) complete any required affidavits promptly, accurately and thoroughly; and (iii) allow Quantia, or any third-party designated by us, access to your mobile device, computer, and network as may be relevant to such investigation. Failure to cooperate in any such investigation may cause delays in regaining access to your Quantia Account and any funds held within.

Acceptable Use of the Online Platform

You agree that any information that you provide (about your identity, finances, and relationships) is accurate, correct, and up to date. You agree that you are 18 years of age or older; able to form a binding contract with us; and are acting on your own behalf (and have not been banned, terminated, or otherwise denied access to the Online Platform by Quantia or by law).

Accessing the information, resources, services, products and tools of this Online Platform by any other means than we provide is strictly prohibited. You specifically agree not to access or tamper with the Online Platform, for any purpose, through any automated, unethical or unconventional means, including accessing or collecting personally identifiable information or account information (including user names, passwords, e-mail addresses or other personal, financial or contact information) with respect to Quantia users, borrowers, investors, lenders or employees.

You may not violate, interfere with, impair or circumvent the ordinary operation, security, privacy or mission of the Online Platform or Quantia’s products, services or data, including overburdening, spamming, engaging in a denial of service attack or similar activities (or attempt to do any of the above).

You are solely responsible for all activity that occurs on or under your Quantia Account (whether or not expressly authorized by you), and for maintaining the confidentiality of your login details. Quantia shall have no liability to you or any other person for acts or omissions made or committed by your agent, representative or third-party service provider in respect of your Quantia Account.

You will not transmit to Quantia or make available on or upload any information to the Online Platform that: (i) is commercial or promotional in nature; (ii) is unlawful, harmful, deceptive, or otherwise violates the legal rights or privacy of others; (iii) is capable of giving rise to legal action whether against you or Quantia or any affiliate third party; (iv) infringes any patent, trademark, trade secret, copyright, or other property rights of any party; (v) impersonates any person or entity (including Quantia or its employees and representatives); or (iv) contains viruses, malware or any program, code or technology designed to disrupt, intercept, impair or destroy the functionality of the Online Platform or its software, data or network.

Quantia reserves the right to edit, restrict or remove any content you provide for any reason at any time. In addition, Quantia does not control any information provided by other users that may be made available on or through the Online Platform. Notwithstanding Quantia’s rights under the Terms, Quantia does not undertake, and shall not be obligated, to monitor the submission of any content to, or the publication of any content on, the Online Platform at any time. Quantia reserves the right to refuse service, terminate relationships, and cancel orders or transactions in its discretion.

By submitting information, feedback or other material to Quantia, including on or through the Online Platform or your Quantia Account, you: (i) acknowledge that such information is non-confidential, except for any personal and financial information; (ii) grant Quantia a perpetual, worldwide, royalty-free, irrevocable, transferable, sublicenseable, fully paid-up right to copy, use, reproduce, modify, adapt, publish, create derivative works from, translate, transmit, display, distribute, market, promote, sell or offer for sale, rent or lease such information or materials in any form or medium known or later developed; and (iii) agree that you will have no claim against for any actual or alleged infringement of any proprietary rights, rights of privacy or publicity, moral rights or rights of attribution in connection with our use of any content you provide.

Supported Digital Assets

A list of digital assets that Quantia currently supports is available via the Online Platform. Quantia may discontinue support for a digital asset at any time and for any reason at our sole discretion, including due to changes in a given digital asset’s characteristics or due to a change in the digital asset’s regulatory classification.

YOU WILL NOT BE ABLE TO RETRIEVE ANY UNSUPPORTED DIGITAL ASSET WHICH YOU ATTEMPT TO TRANSFER TO Quantia, OR ANY OTHER ASSET WHICH YOU ATTEMPT TO TRANSFER TO AN UNSUPPORTED WALLET OR USING AN UNSUPPORTED NETWORK. Quantia ASSUMES NO LIABILITY, OBLIGATION OR RESPONSIBILITY WHATSOEVER WITH RESPECT TO ANY UNSUPPORTED DIGITAL ASSET, OR ANY ASSETS TRANSFERRED TO AN UNSUPPORTED WALLET OR USING AN UNSUPPORTED NETWORK.

Network Control

Quantia does not own or control any of the underlying software through which blockchain networks are formed and cryptocurrencies are created and transacted. In general, the underlying software for blockchain networks tends to be open source such that anyone can use, copy, modify, and distribute it. By using the Online Platform, you understand and acknowledge that Quantia is not responsible for the operation of the underlying software and networks that support cryptocurrencies and that Quantia makes no guarantee of functionality, security, or availability of such software and networks.

Forks

The underlying network protocols are subject to sudden changes in operating rules, and third parties may from time to time create a copy of a digital asset network and implement changes in operating rules or other features (“Forks”) that may result in more than one version of a network (each, a “Forked Network”) and more than one version of a digital asset (“Forked Assets”).

Forked Networks and the available supply of any Forked Assets are wholly outside of the control of Quantia, and our ability to deliver Forked Assets resulting from a Forked Network may depend on third parties outside of Quantia’s control. You understand and acknowledge that Forks may materially affect the value, function, and even the name of the digital assets associated with your Quantia Account. In the event of a Fork, Quantia may temporarily suspend certain services on the Online Platform (with or without advance notice to you) while we determine, at our sole discretion, which Forked Network(s) to support.

Quantia IS UNLIKELY TO SUPPORT MOST FORKED NETWORKS AND MOST FORKED ASSETS WILL LIKELY NOT BE MADE AVAILABLE TO YOU. Quantia MAY DETERMINE, IN OUR SOLE DISCRETION, NOT TO SUPPORT A FORKED NETWORK.YOU HAVE NO RIGHT, CLAIM, OR OTHER PRIVILEGE AGAINST Quantia TO FORKED ASSETS ON SUCH UNSUPPORTED FORKED NETWORK. Quantia MAY, IN OUR SOLE DISCRETION, DETERMINE OUR APPROACH TO SUCH FORKED ASSETS, WHICH MAY INCLUDE ABANDONING OR OTHERWISE ELECTING NOT TO SUPPORT SUCH FORKED ASSETS AS PART OF OUR SERVICES.

Airdrops

In the event that a digital asset network attempts to or does distribute (sometimes called “airdropping” or “bootstrapping”) additional digital assets to or through its digital asset network, such network shall become a Forked Network and subject to the terms set forth above.

Quantia DOES NOT SUPPORT AIRDROPS OR TOKENS OR COINS WHICH SUPPLEMENT OR INTERACT WITH A DIGITAL ASSET NETWORK SUPPORTED BY Quantia. YOU SHALL NOT USE Quantia OR ANY OF ITS SERVICES OR ACCOUNTS TO ATTEMPT TO RECEIVE, REQUEST, SEND, STORE, OR ENGAGE IN ANY OTHER TYPE OF TRANSACTION INVOLVING AIRDROPS OR TOKENS OR COINS WHICH SUPPLEMENT OR INTERACT WITH A DIGITAL ASSET NETWORK SUPPORTED BY Quantia. YOU WILL NOT BE ABLE TO RETRIEVE ANY UNSUPPORTED DIGITAL ASSET. Quantia ASSUMES NO LIABILITY, OBLIGATION OR RESPONSIBILITY WHATSOEVER IN RESPECT TO ANY UNSUPPORTED DIGITAL ASSET.

Fees

Fees are subject to change, at our sole discretion, and you understand and acknowledge that you are solely responsible for accessing the fee schedule prior to engaging in any services on our Online Platform.

Taxes

It is your responsibility to determine what taxes, if applicable, apply to the payments you make or receive, and to collect, report and remit the correct tax to the corresponding tax authority. We will make all withholdings or tax filings that the law requires of us, but we are not responsible for determining whether the taxes apply to your transaction, or for collecting, reporting or remitting the taxes derived from any transaction.

You are responsible for complying with applicable law. You agree that Quantia is not responsible for determining whether the laws may apply to your transactions or not, including tax laws. You are solely responsible for reporting and paying taxes arising from your operations on the platform.

Regulatory

Transactions in digital assets are subject to applicable laws, regulations, and rules of federal and state governmental and regulatory authorities (collectively, “Applicable Laws”). Compliance with Applicable Laws may include compliance with any guidance or direction of any regulatory authority or government agency, any writ of attachment, lien, levy, subpoena, warrant, or other legal order (collectively, “Legal Orders”). You understand and acknowledge that in no event will Quantia be obligated to affect any transaction it believes would violate any Applicable Law. You further understand and acknowledge that Quantia is not responsible for any losses, whether direct or indirect, that you may incur as a result of Quantia’s good faith efforts to comply with any Applicable Law, including any Legal Order.

Risks

The User declares to know, understand and accept the legal, tax and accounting characteristics and consequences, as well as the risks involved in the operations on the Digital Platform that may involve losses of the value of its assets and that the Company does not guarantee any results to the User , and especially the following:

Market risk: due to variations and high volatility in the price of Cryptocurrencies that may involve losses of the value of the assets.

Counterparty risk: for the relationship that exists with Policyholders, Third Parties and the Company and their willingness to fulfill their obligations.

Liquidity risk: due to the impossibility of having the necessary liquidity for the opening or closing of operations at a certain moment.

Regulatory risk: due to uncertainty about changes in current regulations.

Political risk: due to the political situation of a country in terms of public order, legal stability and security.

Operational risk: due to the possibility of incurring losses due to deficiencies, failures or inadequacies in human and / or technological resources.

Risk of money laundering and terrorist financing: due to the possibility of loss or damage that may be suffered or in which an entity directly or indirectly involved with events likely to be classified as Money Laundering and / or Terrorism Financing.

Use Restrictions

You are expressly and emphatically restricted from all of the following:

1. selling, sublicensing and/or otherwise commercializing any Website material;
2. using this Website in any way that is, or may be, damaging to this Website;
3. using this Website in any way that impacts user access to this Website;
4. using this Website contrary to applicable laws and regulations, or in a way that causes; may cause, harm to the Website, or to any person or business entity;
5. engaging in any data mining, data harvesting, data extracting or any other similar activity in relation to this Website, or while using this Website;.
6. You will not conducting, initiating or promoting any forms of market manipulation, price manipulation, insider dealing, market distortion or any other malicious wrongdoings to the market, or other forms of illegal conduct, including but not limited to illegal gambling, money laundering, fraud, extortion, extortion, data breach, terrorist financing, and any other violent activities or businesses prohibited by the law.

Certain areas of this Website are restricted from access by you and Quantia may further restrict access by you to any areas of this Website, at any time, in its sole and absolute discretion. Any user ID and password you may have for this Website are confidential and you must maintain confidentiality of such information.

Restricted Jurisdictions

You may not register a Quantia Account or use the Online Platform if you are a resident of any jurisdiction in which (i) Quantia is not authorized to provide the Services, (ii) the United States has embargoed goods or services, (iii) where your use of the Services would be illegal or otherwise violate any applicable law of such jurisdiction or of the United States (“Restricted Jurisdiction”).You hereby represent and warrant that you are not a resident of any Restricted Jurisdiction and that you will not register a Quantia Account or use the Online Platform even if our methods to prevent you from registering an account or using the Online Platform are not effective or can be bypassed. We may implement controls to restrict access to the Online Platform from any Restricted Jurisdiction.

Restricted Persons

You hereby represent and warrant that you have not been identified as a Specially Designated National or placed on any sanctions list by the U.S. Treasury Department’s Office of Foreign Assets Control, the U.S. Commerce Department, or the U.S. Department of State; and you will not use our Online Platform to conduct any illegal or illicit activity.

Quantia does not operate with users from the following countries:

• USA
• Albania
• Belarus
• Bolivia
• Bosnia
• Burma
• Central African Republic
• Democratic Republic of Congo
• Democratic People’s Republic of Korea
• Cote D’Ivoire
• the Crimea region of Ukraine
• Croatia
• Cuba
• Ecuador
• Herzegovina
• Iran
• Iraq
• Kosovo
• Lebanon
• Liberia
• Libya
• Macedonia
• Moldova
• Serbia
• Somalia
• Sudan
• South Sudan
• Syria
• Venezuela
• Yemen
• Zimbabwe

Limitation of Liability

Quantia and its affiliates, agents, officers, and employees will not be liable to you under any theory of liability—whether based in contract, tort, negligence, strict liability, warranty, or otherwise—for any indirect, consequential, exemplary, incidental, punitive or special damages or lost profits, even if Quantia has been advised of the possibility of such damages.

The total liability of Quantia for any claim arising out of or relating to these Terms or our Services, regardless of the form of the action, is limited to the amount paid, if any, by you to access or use the Online Platform.

Termination

We have the right to close your Quantia Account at any time and for any reason without notice. If your account has a balance when we close it, we will refund the remaining assets, including accrued interest earned until the closing date, less any applicable penalty, unless prohibited by applicable law.

QUANTIA TRADING SAS IS AN ENTITY INCORPORATED IN URUGUAY THAT OPERATES EXCLUSIVELY WITH CRYPTOCURRENCIES AND DOES NOT CARRY OUT TRANSACTIONS OF ANY KIND WITH FIAT CURRENCIES ISSUED BY CENTRAL BANKS. CRYPTOCURRENCIES HAVE HIGH VOLATILITY. USERS FULLY ASSUME THE RISK INVOLVED IN TRANSACTING WITH SUCH ASSETS. QUANTIA DOES NOT PROVIDE ANY FINANCIAL, LEGAL OR TAX ADVICE, NOR SHOULD THIS WEBSITE BE VIEWED AS AN OFFER OR INDUCEMENT TO MAKE ANY FINANCIAL DECISIONS.