General Terms and Conditions

Becoming a user

In order to use the Platform, you must set up an account as a user (an “Account”), subject to the applicable User Agreement and any other applicable agreement with us. When used in these Terms and Conditions, the words “you” or “your” mean the owner of the Account and “Spiral,” “us” and “our” means the relevant Spiral entity with which you have entered into a User Agreement.

In creating an Account, you will be asked to set up an email and password, and you will be required to set up two-factor authentication (“2FA”) By signing up for our service and accepting these terms, by providing a mobile phone number you consent that Spiral may contact you by SMS or text message (including by an automatic telephone dialing system) at the mobile phone number you associate with your account for the following;

• Initial phone number verification
• Account security notifications
• Account management and transactional notifications and communications only

You can cancel the SMS service at any time. Just text "STOP" to the shortcode. After you send the SMS message "STOP" to us, we will send you an SMS message with instructions on how to cancel the SMS.

f you are experiencing issues with the messaging program you can reply with the keyword HELP for more assistance, or you can get help directly at support@spiralhodlings.com

Carriers are not liable for delayed or undelivered messages

As always, message and data rates may apply for any messages sent to you from us and to us from you. By providing your consent to the SMS service, you approve any such rates and charges from your mobile provider and agree that Spiral is not responsible for such rates and charges. If you have any questions about your text or data plan, please contact your mobile provider. Message frequency is dependent on platform usage and will follow the following methodology- one message per request for 2FA, and one message per account notification.

To the maximum extent permitted by applicable law, you hereby agree that Spiral shall not be liable for any direct, indirect, consequential, special, incidental, punitive or any other damages, even if we have been advised of the possibility of such damage or loss, arising or resulting from or in any way relating to your use of the SMS service. Furthermore, Spiral shall not be liable for the acts or omissions of third parties, including but not limited to delays in the transmission of messages.

If you have any questions regarding privacy, please read our privacy and data policy.

As a regulated financial services company, we are required to identify all users for legal, regulatory and compliance purposes prior to you using our Platform. To ensure we remain in compliance with applicable reporting requirements in the jurisdictions in which we operate we may collect and verify your personal information including your legal name, address, government identification, date of birth, Social Security or taxpayer identification number, bank information, or credit card information. We may also ask questions and verify information ourselves or obtain personal information from third parties in order to verify your identity, prevent fraud, as well as request information from other entities, like banks, for information about you. By agreeing to these terms, you certify under penalty of perjury that the information provided, including your social security or taxpayer identification number, is correct and you agree that we may use the information you provide and other information to verify who you are.You additionally acknowledge and agree that we may make any inquiries that we consider necessary, either directly or through third parties, concerning your identity and creditworthiness including, without limitation, requiring you to take steps to confirm ownership of your email address or financial instruments, ordering a credit report, or verifying information against third party databases or through other sources. These inquiries and verification may involve the sharing of certain aspects of your information with third parties for the limited purpose of completing these inquiries and verification.

We do not share your information unless required to do so by law and/or unless we have your express consent to do so or have another legal basis for sharing such information, e.g., to complete a transaction requested by you, or to prevent fraud. If we share your information with any third party we will do so under our Privacy & Data Policy. Information about how we may engage with law enforcement officials is available here. We may contact any other financial institution, law enforcement or affected third parties (including other users) and share details of any transactions you are associated with if we believe doing so may prevent financial loss or a violation of law. Additional information is available in our Privacy & Data Policy.

If you are setting up an Account on behalf of an entity, you confirm that you are an authorized officer of that entity and have the authority to enter into agreements for and on behalf of that entity. If you are opening an Account on the Platform for an entity, you are hereby providing us with written instructions and authorization in accordance with the Fair Credit Reporting Act to obtain your personal and/or business credit report from a credit bureau. You also authorize us to obtain your personal and/or business credit report when you request certain new products or at any time we reasonably believe there may be an increased level of risk associated with your Account.

For business accounts that wish to engage in money transmission activities, the flow of funds in and out of your company’s account held at Spiral must be solely for your company's account transactions, and cannot be used for any activities facilitated by third parties using an Spiral wallet in your business' name.For business accounts that wish to engage in money transmission activities, the flow of funds in and out of your company’s account held at Spiral must be solely for your company's account transactions, and cannot be used for any activities facilitated by third parties using an Spiral wallet in your business' name. Engaging in any regulated activity, including but not limited to the transmission of money, provision of financial services, or other regulated activities for the benefit of a third party, it is your responsibility to maintain the appropriate licenses, registrations and permissions to perform such activities. You are also required to maintain an anti-money laundering ("AML"), sanctions, and counter-terrorist financing ("CFT") policy/program that is reasonably designed to mitigate the risks of your business and meets the regulatory requirements of the jurisdictions in which you operate.Business accounts may not rely upon Spiral to provide regulatory, licensing, or compliance controls unless explicitly contracted under a separate agreement.

You represent and warrant to us and agree that the following statements are and will remain true:

• All information you provide to us will be complete and accurate and you commit to keeping all information complete and accurate at all times.
• The information about your address and residency is correct and you will notify us if it changes.
• You will provide us with your legal identity and any supporting information and documents that we may request, including but not limited to a copy of your driver’s license and a copy of your passport.
• ou reside in, and will only access the Platform from, a country or state where we permit the Platform to be accessed. A list is provided here.
• Your use of the Platform complies with all applicable laws and regulations, including all export controls and economic sanctions requirements.
• You are at least 18 years old and have the capacity to enter into a legally binding agreement.
• You will not engage in any Prohibited Businesses or Prohibited Use.
• You are not on, acting for anyone on, and will not supply any Value or any products or services to Cuba, the Democratic Republic of Congo, Iran, Iraq, Myanmar, North Korea, South Sudan, Sudan, Syria Yemen or any other country subject to US embargo, available here or to anyone on: the Specially Designated Nationals List, the U.S. Commerce Department's Denied Persons List, Unverified List, or Entity List, HM Treasury's financial sanctions regime, the UN Consolidated United Nations Security Council Sanctions List, or EU financial sanctions list.
• You will not access the Platform using automated means of any nature without our prior consent. For developers, please see our Developer Agreement.
• You will not send, use or spiral any scripts, viruses or malicious code. You will not develop extensions, plugins or applications except as may be allowed under our Developer Agreement.
• You will not do anything that could disable, overburden or impair the functionality, rendering or appearance of the Platform, including through denial of service or other attack.

Use of the platform

We grant you a limited, nonexclusive, nontransferable, non-sublicensable license to access and use the Platform solely for informational, transactional, or other approved purposes and reserve all other rights in the Platform, including without limitation, our websites, APIs and other content. You agree you have no other rights beyond this limited license. You agree you will not copy, transmit, distribute, sell, resell, license, de-compile, reverse engineer, disassemble, modify, publish, participate in the transfer or sale of, create derivative works from, perform, display, incorporate into another website, or in any other way exploit any content or other part of the Platform for any purpose. You also agree that you will not frame or display any part of the Platform without our prior written permission and that you will not use our trademarks without our permission.

You understand and agree that the Platform is not provided to, and may not be used by, any person in any jurisdiction where the provision or use thereof would violate applicable laws and regulations. If you reside in any jurisdiction where the use of the Platform would violate any of the laws or regulations of the jurisdiction in which you reside, you agree to refrain from using the Platform in any manner that would violate any of the laws and regulations of such jurisdiction.

You may only create, have, administer and/or control one Account. If you require an additional Account you must first get our written permission to do so. You may request an additional Account through our support contact form with the proposed purpose for an additional Account. We are under no obligation to approve any additional Account. If we find that you have opened, operated and/or are operating an additional Account, or more than one Account at any one time without our permission we reserve all rights, including but not limited to, terminating your Account(s), revoking your limited license to use the Platform and taking whatever other means we deem necessary to protect our users, us and the Platform.

Your use of the Platform, or any part thereof, is at your sole risk and we assume no responsibility for the underlying transaction of funds, or the actions or identity of any transfer recipient or sender. If any third party files a claim for a chargeback or we are otherwise informed of a dispute between you and another party, we are not responsible for intermediating, determining the veracity of claims or resolving the dispute, including disposition of any associated economic value of any assets.

Adding value on the platform

We want the Platform to be convenient, so we may allow you to fund your transaction(s) or Account using different financial instruments and/or accounts such as bank accounts, credit cards, debit cards and other payment methods. When you fund your transaction(s) or Account, you confirm that you are permitted to use the associated financial instrument and/or account and you authorize us (and any designated payment processor or other service provider) to charge the full amount to the financial instrument and/or external account you designate. You also authorize us to collect and store that funding instrument, along with other related transaction information.

U.S. Bank Account Verification Through Micro-deposits.
3.2.1. When you first try to link your U.S. bank account with your Spiral Account, we may attempt to verify your external bank account by either an automated micro-deposit (less than $1.00) or same day micro-deposits (explained below). After your external account has been verified and set up, authorization will remain in full force and effect until you remove your bank account linked to your Spiral Account or close your Spiral Account or your bank account. We use a third-party partner, Plaid, to make these micro-deposits on our behalf.
3.2.2. Automated Micro-deposit. We may use an automated micro-deposit to attempt to verify your external U.S. bank account if your bank supports this method. With an automated micro-deposit, a single micro-deposit into your bank account will be made and then automatically verified within one or two business days. If the micro-deposit is verified, the micro-deposit will be reversed and we will finish setting up your external bank account. If the micro-deposit cannot be verified, we may discontinue and cancel your external bank account setup. The micro-deposit will also be reversed.
3.2.3. Same Day Micro-deposits. We may attempt to verify your external U.S. bank account by using same day micro-deposits. With same day micro-deposits, two separate micro-deposits will be made into your bank account in different amounts using same-day ACH. You will then be required to verify the amount of each micro-deposit within one business day. If you timely verify the amounts of both micro-deposits, the two micro-deposits will be reversed and we will finish setting up your external bank account. If you fail to timely verify the amounts of both micro-deposits, we may discontinue and cancel your external bank account setup. The micro-deposit will also be reversed.

3.2.3. Same Day Micro-deposits. We may attempt to verify your external U.S. bank account by using same day micro-deposits. With same day micro-deposits, two separate micro-deposits will be made into your bank account in different amounts using same-day ACH. You will then be required to verify the amount of each micro-deposit within one business day. If you timely verify the amounts of both micro-deposits, the two micro-deposits will be reversed and we will finish setting up your external bank account. If you fail to timely verify the amounts of both micro-deposits, we may discontinue and cancel your external bank account setup. The micro-deposit will also be reversed.

With respect to funding your transaction(s) or Account with fiat currencies in participating European countries, such Account funding activities may be undertaken using Single Euro Payments Area (SEPA) credit transfers.

We may partner with other third-party service providers to offer users different funding options and financial instruments (“Third-Party Programs”). By registering for and/or using any Third-Party Programs, you expressly agree that you have read, understand and accept all the applicable terms and conditions that may apply.

For regulatory and compliance reasons, we reserve the right to refuse to process, cancel or reverse, any add-funds and/or any add-Value transaction(s) if we suspect the transaction(s) may involve illicit activity like money laundering, terrorist financing, fraud, any crime, or as required by facially valid legal process, or relates to a Prohibited Use or Prohibited Business. We reserve the right to report, suspend and/or terminate Accounts for such suspected activity.

You expressly agree that you will not reverse or attempt to reverse any transaction(s) to add funds to your Account that you complete. You also agree that we may deduct any amounts associated with your Account if an add funds transaction using a bank account or credit card is subsequently reversed via a chargeback, reversal, claim, or is otherwise deemed fraudulent or erroneous. We may also deduct any amounts held by you in your Account to satisfy any outstanding amount owed by you to us under these Terms and Conditions or otherwise. We reserve the right to report, suspend and/or terminate Accounts for chargeback abuse.

Your bank may charge you non-sufficient funds (“NSF”) or overdraft fees if you do not have sufficient funds to complete a transaction. You are responsible for maintaining an adequate balance in your Account and sufficient credit limits on your credit cards in order to avoid any overdraft, NSF or similar fees. Any and all NSFs are your sole responsibility. Spiral reserves the right to submit a pre-authorized ACH transfer up to two times in order to collect the funds.

Unsupported assets

Any attempt to transfer any cryptocurrency or other digital or virtual assets that Spiral technology does not support and Spiral does not formally recognize with respect to the Platform (“Unsupported Assets”), whether through forks, airdrops, user error, OMNI layer protocols or otherwise, or any funds received via initial coin offering distributions, will be not accepted by Spiral on behalf of any user, and, subject to the discretion of Spiral, you will not receive any Value with respect to any such Unsupported Assets.

In the event that an Unsupported Asset is sent to Spiral by a third party or user, by error or otherwise, it is effectively lost to such third parties or users. Any such Unsupported Assets will be treated as property of Spiral and may be disposed of in accordance with Spiral policy. Spiral is not responsible for the recovery or return of any Unsupported Asset sent to Spiral by any third party or user, regardless of the intention of the person sending such Unsupported Asset or attempts by Spiral to return such Unsupported Asset. Spiral will not be responsible for or be required to attempt to recover or provide Value with respect to any Unsupported Assets sent to the platform, unless it decides to do so in its sole and absolute discretion. Visit our Transparency Page for an up to date list of supported currencies or Assets. Any Asset not included in such list is an Unsupported Asset.

Spiral reserves the right in its sole and absolute discretion to list or delist any Asset at any time. Should Spiral de-list an Asset you hold such that it becomes an Unsupported Asset, Spiral will make reasonable attempts prior to such de-listing to convert any such Asset into another supported Asset of Spiral’s choosing at then-prevailing market rates, and credit you with the Value of the Unsupported Asset held, less Spiral’s cost of such conversion. If Spiral is unable to convert an Unsupported Asset into a supported Asset, whether due to legal or regulatory restrictions, the lack of an available market, or otherwise, you may lose the Value of such Unsupported Asset.

Termination and Cancellation

In the event that you want to stop using the Platform, you can cancel your Account if you are in good standing and compliant with these Terms and Conditions and other policies. To cancel, simply remove all funds in your Account and visit our cancellation page. We will decide whether to cancel or suspend any pending transactions and we will need to hold funds until any applicable reversal windows are complete and all your obligations to us are satisfied. Of course, you may not cancel your Account in an effort to avoid paying amounts due us or if your activity is under investigation. Note that withdrawals are subject to minimum balances; contact Spiral support if you are not able to cancel your account.

In some cases we may terminate, suspend or otherwise restrict your Account and use of the Platform if we suspect your Account is connected to any Prohibited Use or Prohibited Business, for suspected violation of these Terms and Conditions or any applicable agreements or policies, where required by applicable law, or to otherwise prevent potential loss. Your use of the Platform is a privilege, and not a right, and we reserve our right to terminate, suspend or restrict your access to the Platform, as well as take other actions described in these Terms and Conditions, at any time to protect you, other users and/or us as we deem necessary.

If your Account is terminated, or subject to verification requirements, you will generally be permitted to transfer funds off the Platform for thirty (30) days unless those transfers are otherwise prohibited.

Inactive Accounts

In the event Spiral is holding funds in your Account, and Spiral has deemed the account inactive by no record of you transacting on the Platform for more than 90 days, applicable law states Spiral may be required to report these funds as unclaimed property to the State where your account is registered. In the event this occurs, Spiral will attempt to locate you via email and at the physical address on record, however, if Spiral is unable to locate you, funds may be surrendered to the applicable jurisdiction as unclaimed.

Spiral will attempt to communicate to you prior to your account becoming inactive that your account will be debited if your account remains inactive past the 90 days anniversary.

An account is considered inactive if there are no transactions initiated by the user after 90 days Spiral may in its sole discretion close inactive accounts with zero balances. A transaction is considered any action in which value is moved and is initiated by a user within their Account, including a bank transfer (deposit or withdrawal), moving value between sub-accounts, or sending value to another user or crypto address.

To the extent required by law, if you leave a balance unused for the period of time set forth by your state, country, or other governing body in its unclaimed property laws, if you cancel your Account and leave a balance, or if we deactivate your Account and you do not meet any conditions necessary to reinstate it within six (6) months, we may close your Account and send your balance to any mailing address you provide using the Platform or, if required, escheat (send) your balance to your jurisdiction of residency (based on the jurisdiction associated with that mailing address).

Taxes

You are responsible for and will pay any applicable taxes, duties and fees applicable to activities in your Account. Any and all taxes, including any interest and penalties with respect thereto, which may be assessed under present or future laws in connection with your Account will be paid by you. You are responsible for reporting any proceeds of sale transactions and dividends paid in your Account to the Internal Revenue Service in accordance with applicable law.

If you are a United States person, as a condition of using our platform services you certify under penalties of perjury that; The Social Security number or Employer Identification Number provided is correct; and You are not subject to backup withholding due to the failure to report interest and dividend income.

We do not provide tax advice and you agree that you will determine any tax implications associated with your use of, and any transactions you may make using the Platform. You should consult an accountant, lawyer or tax authorities in your jurisdiction to determine any tax consequences.

Third-Party Services and applications

We may, from time-to-time, contract with third parties who may provide services to Spiral, including financial products and other services in connection with the Platform. To the extent required by applicable law, regulation or any agreement with such providers, we will provide and update a list of relevant financial service partners through the Platform. Contracting with other financial service partners or providers may require us to share your personal information in order for them to provide services to Spiral. All collection, sharing and use of personal information is subject to our Privacy & Data Policy.

You may decide to link to third-party applications or content others make available through the Platform. As such, you expressly authorize us to work with third-party service providers, including SSO services and providers of financial products and services, to deliver certain Platform functionality including, without limitation, enabling the loading, transfer, conversion and storage of funds. You should carefully consider both the functionality purportedly offered and the developer offering the functionality before authorizing the application. Unless otherwise stated, we have no control over applications and assume no responsibility for developers’ actions.

If you authorize a third-party application to connect to your Account and take actions on your behalf, you assume all risks associated with those connections and actions and you are ultimately responsible to us for those connections and actions. We require developers to list a support or dispute framework in connection with their application that allows prompt resolution of any issues. But, if you have disputes with developers, you will need to resolve it directly with them.

You also agree that you will not hold us responsible for, and will indemnify us against any liability arising out of or related to any act or omission of any third-party using your Account credentials whether a developer or otherwise. You may remove permissions granted to third parties with respect to your Account at any time through your account settings (authorized applications) page.

A third party not affiliated with us may provide you access to market data and quotes to be used alongside the Platform. If market data and quotes are provided to you by a third party, your use of the market data and quotes will be governed by the terms and conditions imposed by such third party.

You represent and agree that the following statements are and will continue to be true for so long as you have access to the Platform: (a) You will not use any information or market data provided by a national securities exchange or association in connection with any professional or commercial activities, and you agree to notify us if you intend to do so and to pay any additional charges; (b) you will not use the Platform in conjunction with any business as a broker-dealer, investment advisor, futures commission merchant, commodities introducing broker, commodity trading advisor, member of a securities exchange or association or futures contract market, or an owner, partner or associated person of any of the foregoing; and (c) if you are employed by a bank or an insurance company or an affiliate of either you will not perform functions related to securities or commodity futures trading activity, except with respect to your Account(s) with us.

Electronic communications

We may be required to provide certain legal and regulatory disclosures, periodic statements and confirmations, notices and other communications (collectively “Communications”) to you in written form. By agreeing to these Terms and Conditions, you consent to Spiral delivering such Communications to you in electronic form. Consent for electronic delivery applies to every year the statements are furnished. If you no longer have access to your account to receive the disclosures in electronic format then you may request the disclosures in written form.

By agreeing to these Terms and Conditions, you agree that all Communications from us relating to your use of or access to the Platform including customer support assistance from us which you may have requested relating to your account, may be provided or made available to you electronically by email, text messaging (SMS), “in-app” messaging or by posting a Communication on the Platform, and that you can access the Communications in the designated formats described below. Your consent to receive Communications, customer support assistance from us which you have requested, and, do business electronically, and our agreement to do so, applies to all of your interactions and transactions with us and our agents concerning your Platform usage and access.

Electronic Communications shall be deemed to be received by you upon delivery in the following manner:

• Posting them to your Account on our website or in an associated mobile application;
• Posting them on or in a website or mobile application associated with us or the Platform;
• Sending them via electronic mail to the email address you used to register for the Platform;
• Sending them via text messaging (SMS) to the phone number you used to register for the Platform; or
• Otherwise communicating them to you via the Platform.

It is your responsibility to open and review Communications that we deliver to you through the methods described above. We may, but are not obligated to provide you with notice of the availability of a Communication that is delivered in one of the methods described above (for example, by informing you of such Communication through a notification sent to your mobile device).

It is your responsibility to keep your primary email address and mobile number registered with us up to date so that we can communicate with you electronically. You understand and agree that if we send you an electronic Communication but you do not receive it because your primary email address or mobile number registered with us is incorrect, out of date, blocked by your service provider, or you are otherwise unable to receive electronic Communications, we will be deemed to have provided the Communication to you. You can update your primary email address and other contact information by submitting a Support request or by logging into the Platform and navigating to your profile.

Please note that if you use a spam filter that blocks or re-routes emails from senders not listed in your email address book, you may need to add us to your email address book so that you will be able to receive the Communications we send to you.

If you are requesting additional copies of Communications or withdrawing your consent, the following additional terms will apply:

• You may contact us, or any applicable service provider, to request another electronic copy of the electronic Communication without a fee;
• You may request a paper copy of such electronic Communication within ninety days of the original Communication issuance date, and we reserve the right to charge a fee to provide such paper copy;
• You may contact us to update your registration information used for electronic Communications or to withdraw consent to receive electronic Communications;
• We reserve the right to terminate your use of the Platform and any associated service provider products and services if you decline or withdraw consent to receive electronic Communications.

Indemnification Spiral’s rights and remedies

If anyone brings a claim against us, our affiliates or service providers, and/or each of our or their respective officers, directors, agents, joint venturers, employees or representatives, related to your use of the Platform, or any part thereof, including, without limitation, any developer tools or alleged violation of any laws, rules or rights, you indemnify and hold us harmless from and against all damages, losses, and expenses of any kind (including reasonable legal fees and costs) related to such claim.

You are responsible for all claims, fees, fines, penalties and other liability incurred by Spiral or a third party caused by or arising out of your breach of these Terms and Conditions or any other user agreement, and/or your use of the Spiral Platform. You agree to reimburse Spiral or a third party for any and all such liability and any fees and expenses incurred in the event that Spiral must undertake collection efforts to enforce its rights hereunder.

If you engage in a Prohibited Use or Prohibited Business or otherwise violate these Terms and Conditions or any other user agreement, including but not limited to chargeback abuse, fraud, money laundering, sale of your login credentials, etc., it may be difficult or impractical to calculate our actual damages. You acknowledge and agree that US$10,000 USD per violation is a reasonable minimum estimate of Spiral's actual damages, considering all currently existing circumstances, including the relationship of the sum to the range of harm to Spiral that reasonably could be anticipated, and that Spiral may recover from you and/or directly from your Account the greater of such amount or the actual damages incurred.

Disclaimers

WE TRY TO KEEP THE PLATFORM UP, BUG-FREE, AND SAFE, BUT YOU USE IT AT YOUR OWN RISK. THE PLATFORM IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS, IMPLIED OR STATUTORY. WE SPECIFICALLY DISCLAIM ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES THAT ACCESS TO ANY PART OF THE PLATFORM, OR ANY OF THE MATERIALS CONTAINED THEREIN, WILL BE CONTINUOUS, UNINTERRUPTED, TIMELY, ERROR-FREE, OR SECURE. OPERATION OF THE PLATFORM MAY BE INTERFERED WITH BY NUMEROUS FACTORS OUTSIDE OF OUR CONTROL. WE MAKE NO REPRESENTATIONS OR WARRANTIES CONCERNING THE REAL OR PERCEIVED VALUE OF ANY VIRTUAL CURRENCY AS DENOMINATED IN ANY QUOTED CURRENCY. ALTHOUGH WE MAY PROVIDE HISTORICAL AND/OR REAL-TIME DATA REGARDING THE PRICE OF VIRTUAL CURRENCY, WE MAKE NO REPRESENTATIONS REGARDING THE QUALITY, SUITABILITY, TRUTH, USEFULNESS, ACCURACY, OR COMPLETENESS OF SUCH DATA, AND YOU SHOULD NOT RELY ON SUCH DATA FOR ANY REASON. YOU UNDERSTAND AND AGREE THAT THE VALUE OF VIRTUAL CURRENCY CAN BE VOLATILE, AND WE ARE NOT IN ANY WAY RESPONSIBLE OR LIABLE FOR ANY LOSSES YOU MAY INCUR BY HOLDING OR TRADING VIRTUAL CURRENCY, EVEN IF THE PLATFORM IS DELAYED, SUSPENDED, OR INTERRUPTED FOR ANY REASON. FURTHER, WE MAKE NO REPRESENTATION OR WARRANTIES AS TO THE QUALITY, SUITABILITY, USEFULNESS, ACCURACY, OR COMPLETENESS OF THE PLATFORM OR ANY MATERIALS CONTAINED THEREIN. WE WILL MAKE REASONABLE EFFORTS TO ENSURE THAT ANY REQUESTS FOR ELECTRONIC DEBITS AND CREDITS INVOLVING BANK ACCOUNTS, CREDIT CARDS, AND CHECK ISSUANCES ARE PROCESSED IN A TIMELY MANNER BUT WE MAKE NO REPRESENTATIONS OR WARRANTIES REGARDING THE AMOUNT OF TIME NEEDED TO COMPLETE PROCESSING.

WE ARE NOT RESPONSIBLE FOR THE ACTIONS, CONTENT, INFORMATION, OR DATA OF THIRD PARTIES, AND YOU RELEASE US, OUR DIRECTORS, OFFICERS, EMPLOYEES, AND AGENTS AND OUR AFFILIATES AND SERVICE PROVIDERS, OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, AGENTS, JOINT VENTURERS, EMPLOYEES OR REPRESENTATIVES, FROM ANY CLAIMS AND DAMAGES, KNOWN AND UNKNOWN, ARISING OUT OF OR IN ANY WAY CONNECTED WITH ANY CLAIM YOU HAVE AGAINST ANY SUCH THIRD PARTIES.

IF YOU ARE A CALIFORNIA RESIDENT, YOU WAIVE CALIFORNIA CIVIL CODE §1542, WHICH SAYS: A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.

NEITHER WE NOR OUR AFFILIATES, SERVICE PROVIDERS, OR OUR OR THEIR RESPECTIVE OFFICERS, DIRECTORS, AGENTS, JOINT VENTURERS, EMPLOYEES OR REPRESENTATIVES WILL BE LIABLE TO YOU FOR ANY LOST PROFITS OR OTHER CONSEQUENTIAL, SPECIAL, INDIRECT, OR INCIDENTAL DAMAGES ARISING OUT OF OR IN CONNECTION WITH THESE TERMS AND CONDITIONS OR THE PLATFORM, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. OUR AGGREGATE LIABILITY, AND THAT OF OUR AFFILIATES AND SERVICE PROVIDERS, OR ANY OF OUR OR THEIR RESPECTIVE OFFICERS, DIRECTORS, AGENTS, JOINT VENTURERS, EMPLOYEES OR REPRESENTATIVES, TO YOU OR ANY THIRD PARTIES IN ANY CIRCUMSTANCE IS LIMITED TO THE GREATER OF (A) THE ACTUAL FEES PAID TO US BY YOU IN THE PRECEDING THREE (3) MONTHS OR (B) US$100 DOLLARS. APPLICABLE LAW MAY NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY OR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU. IN SUCH CASES, OUR LIABILITY WILL BE LIMITED TO THE FULLEST EXTENT PERMITTED.

Other Matters

Our failure to act with respect to a breach by you or others does not waive our right to act with respect to subsequent or similar breaches. These Terms and Conditions shall not be construed to waive rights that cannot be waived under applicable consumer protection laws or regulations.

Unless otherwise agreed in writing, these Terms and Conditions, any other agreements and policies (including the applicable User Agreement, any brokerage agreement and, if you are a developer, you additionally agree to our Developer Agreement) referred to herein or therein, and the terms and conditions contained in your Account statements and confirmations, set forth the entire understanding and agreement between you and us as to the subject matter hereof, and supersedes any and all prior discussions, agreements and understandings of any kind (including without limitation any prior versions of these Terms and Conditions), and of every nature between and among you and us.

These Terms and Conditions, and any rights, obligations and licenses granted hereunder, may not be transferred or assigned by you, but may be assigned by us without notice or restriction, including without limitation to any of our affiliates, parents or subsidiaries, or to any successor in interest. Any attempted transfer or assignment in violation hereof shall be null and void except that, subject to the limits herein, our agreement will bind and inure to the benefit of the parties, their successors and permitted assigns.

If any provision of these Terms and Conditions is held by a court to be invalid or unenforceable, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible and any such finding shall not affect the enforceability of any other provision.

Except as otherwise expressly provided in these Terms and Conditions, there are no third-party beneficiaries to these Terms and Conditions.

Provisions herein related to suspension, termination, cancellation, debts, general use of the Platform, fees, disputes, your liability, indemnity and general provisions shall survive any termination of these Terms and Conditions.

Any translation or summary of the Platform, these Terms and Conditions and/or policies is provided solely as a convenience and is not intended to modify the Platform, these Terms and Conditions, and/or any policies. You agree that the English version of the Platform, these Terms and Conditions and/or policies will control in the event of any conflict between the English versions of the Platform, these Terms and Conditions and/or policies and any translated versions of the same.

You agree that the laws of the State of New York, without regard to principles of conflict of laws, govern these Terms and Conditions and any claim or dispute between you and us except to the extent governed by U.S. federal law.

Hardware and Software Requirements

In order to access, view, and retain Communications it is recommended to have the latest operating system release. The minimum required to access Spiral services electronically, you must have:
An Internet browser that supports 128-bit encryption

• Microsoft Internet Explorer version 11.0.220 or above,
• Google Chrome version 88 or above,
• Safari version 13.1.2 or above,
• Brave version 1.3 or above,
• or an equivalent browser

• A personal computer (1.6 GHz Base or higher), operating system and telecommunications connections to the Internet capable of receiving, accessing, displaying, and either printing or storing Communications received from us in via a plain text-formatted e-mail or by access to our web site using browser specified above or equivalent software. or
• Apple iPhone or iPod Touch running iOS 12.1 or later. or
• An Android mobile device running Android version 4.19.7 or later