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Snowball Terms of Service

2023-08-21 09:03032

IMPORTANT: Please read the entire Terms and Conditions carefully before signing this document. By subscribing to Snowball products, you hereby agree to these Terms of Service and acknowledge the associated risks.

Preface: Bitget has launched Snowball products. By subscribing to these products, you agree to these Terms of Service. Please ensure that you have read the following terms carefully before use or subscribing to these products.

Content

1. Bitget’s provision of the product lineup and historical data information for free does not constitute a solicitation for users to subscribe to a specific financial product. Users are responsible for their decisions and bear the risk of those decisions.

2. By using Snowball services, the User grants Bitget access to their invested assets and agrees that the returns shall be distributed in accordance with Bitget’s rules.

3. While using Snowball services, the User must strictly comply with local laws and regulations, ensuring that their digital assets originate from legal and compliant sources. Money laundering and other illicit practices are strictly prohibited.

4. While using Snowball services, the User should fully understand the risks associated with investing in digital assets, acknowledge that actual returns cannot be guaranteed, and exercise caution when making trading decisions.

5. Through the use of Snowball services, the User agrees and accepts unconditionally that Bitget shall not be held liable for all potential risks and earnings linked to their investment decisions.

6. Bitget will use its best efforts to ensure, but not guarantee, the stability and effectiveness of the platform in the event of delays, suspensions, interruptions, or deviations in execution due to network delays, system failures, and other force majeure circumstances.

7. While using Snowball services, if the User opts for early redemption or get knocked out by market conditions, which results in early product settlement, the User shall assume all potential risks and earnings, absolving Bitget of any liabilities.

8. Bitget shall not be held accountable for any disparity between the final execution of Snowball services and what the User expects due to force majeure circumstances.

9. The subscription of Snowball products is not open to users in Chinese mainland, the United States, and Singapore.

10. Bitget reserves the right of final interpretation of the Snowball products.

Risk warning

1. Snowball products involve options and other financial derivatives. Crypto investment involves risk, and users are advised to exercise caution.

2. Historical and current APRs are provided for reference purposes only. These figures do not predict the product's future performance and should not be construed as the product’s actual returns.

3. Any investment decision made by the User is solely based on the User's own judgment. The User shall bear all risks involved.

Investor’s confirmation

I confirm that I have fully understood the Snowball Terms of Service along with the associated risks, and I fully understand and accept these terms voluntarily.