Terms and Conditions
We, jointly and severally, declare that:
We hereby request and authorise Quantum Investment Bank to open account(s) for the Company. We have read and understand the Terms of Business of Quantum. We warrant that we have full power and authority to open and operate the account(s) in accordance with the above resolutions, the Companyʼs articles & memorandum of association and any other constitutional documents and without breach of any law, restriction or obligation binding on the Company.
We have provided true, accurate and complete information and authorise you to make any enquiries which you may consider necessary for confirmation of such information and undertake to update Quantum of any changes to the information provided without delay.
We consent and permit Quantum to execute our orders on or off premise.
We consent for any of unexecuted limit orders not to be made public.
We give explicit consent to Quantum to retain and process any personal information and that of the Company.
We accept that in certain circumstances Quantum will be obliged to share information with UK and Malta regulatory authorities, who may pass it on to other authorities.
We accept and agree to be bound by the terms provided above and consent to such terms and information including future updates to these be provided to us by way of posting on the website indicated above; and each director, shareholder and other authorised person of the Company consent to the use of their personal information.
In deciding to trade in Digital Assets, we are aware of the following:
We have read and understood the nature and the risk of the products that the Company intends to trade in the account(s).
We are satisfied that the products are suitable for us in light of our circumstances and financial position.
We understand that the market for Digital Assets is still new and uncertain. Whether the market will move up or down, or whether a particular Digital Asset will lose all or substantially all of its value, is unknown. This applies both to traders that are going long and to traders that are shorting the market.
Markets for Digital Assets have varying degrees of liquidity. Lack of liquidity can amplify volatility. There is no guarantee that there will be an active market for one to sell, buy, or trade a specific Digital Asset. Furthermore, any market for tokens may abruptly appear and vanish.
In addition to liquidity risks, values in any Digital Assets marketplace are volatile and can shift quickly. Participants in any
Digital Assets market are warned that they should pay close attention to their position and holdings, and how they may be impacted by sudden and adverse shifts in trading and other market activities.
We understand that the legal status of specific Digital Assets may be uncertain. This can mean that the legality of holding or trading them is not always clear. Whether and how one or more Digital Assets constitute property, or assets, or rights of any kind may also seem unclear.
We understand that we are responsible for knowing and understanding how Digital Assets will be addressed, regulated, and taxed under applicable law.
We understand the nature of Digital Assets, the technology involved and the extent of our exposure to market and liquidity risk.
If we trade in Digital Assets, we may sustain a total loss of the deposited funds and/or stored Digital Assets.
We hereby agree to hold harmless Quantum from any liability arising out of the its performance to the fullest extent permitted by law for a director or officer of a company, except to the extent of negligence or wilful misconduct of such company.