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General Terms and Conditions of Savings ProductI. INTRODUCTIONThese Zipmex Savings Product General Terms and Conditions (“General Terms”) govern the relations between you (“Client” or “you”) and any holding company, subsidiary or entity (Directors?) belonging to the Zipmex group of companies (“Zipmex” or “we”), while you and Zipmex are hereinafter separately referred to as “Party” and jointly – as “Parties”, in regard to your use of the Zipmex product allowing you to Savings on your digital assets (“Zipmex Savings Product”), and constitute a legally binding agreement (“Agreement”) between the Parties.(Do we need to amend our Articles or they already provide for this type of new business?)II. DEFINITIONS1. Applicable Law means any law, statute, regulation, ordinance, treaty, guideline, policy and act issued by any governmental or regulatory authority, including but not limited to the governing law under Art. XII.1. and Art. XII.2. of these General Terms.2. Digital Assets means any digital assets (such as cryptocurrencies, stablecoins and tokenized assets), accepted by Zipmex.3. Intellectual Property means any intellectual and industrial property rights, belonging to Zipmex, for example, trademarks, service marks, logos, copyright and related rights, know-how, research, publications, agreements, trade and company names, etc.4. Interest means the indicated interest rate accrued in accordance with these General Terms and subject to revision at any time.5. Zipmex Account means a personal or business account, opened with Zipmex, through which you can use the Zipmex Savings Product and otherZipmex Wallet Services.6. Zipmex Platform means any Zipmex website, mobile application and any other official Zipmex communication channel, including the content and services made available on or through the same, and any updates, upgrades, and versions thereof.7. Zipmex Wallet Services means all services provided by Zipmex through the Zipmex Platform.III. CLIENT1. You can enter into this Agreement and use the Zipmex Savings Product only if all of the conditions below are met:1.1. You are not a citizen or resident of a sanctioned country according to the up-to-date lists of the US Office of Foreign Assets Control (OFAC), the United Nations, the European Union and any EU Member State, etc.;
1.2. You are at least 18 years old or of legal age to enter into contractual relations with Zipmex (whichever is later);1.3. You have opened a Zipmex Account with Zipmex;1.4. You have read, understood and agreed to our Terms of Use and Privacy Policy.2. By entering into this Agreement, you acknowledge and confirm that youmeet all the conditions set out above. In the event that we subsequently ascertain that you have not met or does not meet any of these conditions anymore, we may suspend the provision of the Zipmex Savings Product and/or other Zipmex Wallet Services to you and close your Zipmex Account, and do not allow you to use the Zipmex Savings Product and/or the other Zipmex Wallet Services.3. At any time, at our sole and absolute discretion, without liability to you, we can: (i) refuse your request to use the Zipmex Savings Product; (ii) change the conditions for entering into the Agreement or use of the Zipmex Savings Product; (iii) suspend the provision of the Zipmex Savings Product or of all or part of the other Zipmex Wallet Services; or (iv) change, update, remove, cancel, suspend, disable or discontinue any features, component, content, incentive or referral plan of the Zipmex Savings Product.IV. SPECIFIC FEATURES OF THE ZIPMEX SAVINGS PRODUCT1. The Zipmex Savings Product allows you to earn Interest on certain Digital Assets topped up in your Zipmex Account. All such Digital Assets are indicated on the Zipmex Platform and in the Zipmex Account and are subject to revision from time to time, at our sole and absolute discretion. As a rule, Interest is earned on all Digital Assets falling within the above category unless used for other purposes on the Zipmex Platform.2. You are allowed to have multiple active Zipmex Savings Products, running simultaneously. Interest will be compounded separately on each Zipmex Savings Product.V. INTEREST1. The Interest shall commence compounding on the Digital Assets at a certain Interest rate, as of the next 00:00 (UTC time) from their topping upin the Zipmex Account (“Start Time”), and shall be earned in the same Digital Assets as the ones on which it is compounded.2. The Interest rate shall be subject to revision from time to time, at our sole and absolute discretion. We will notify you of the new Interest rate on the Zipmex Platform. Unless indicated otherwise in the notification, the new Interest rate shall apply on(from?)the next calendar day following the said notification.