SnapBots creates bots to perform revenue earning tasks which help build up a pool of cryptocurrencies. This pool is used to back the supply of SNAP tokens and will boost their value as the size of the pool increases. SNAP tokens are utilised by the SnapBots community to pay for the usage of the bots. These used tokens are then burnt, increasing the value of remaining tokens. SnapBots envisages, and rewards a large community to allow crowd sourcing of intelligent bots. Whenever Snap Researchers build a bot on our ecosystem, they know they are able to draw from the expertise of Snap Experts within the community.
SnapBots Affiliate program
The SnapBots Affiliate Program aims to rewarding SnapBots users and grow together. Everyone who owns a SnapBots account can be part of this program! SnapBots is open for everyone and anyone to promote!
To take part, you simply have to use your SnapBots Wallet referral code to refer your friends, to enjoy our Affiliate Benefits.
As an Affiliate, you can enjoy the following benefits:
You will also receive 30% of your referee’s trading profits, every week, as long as he/she is still staking on our strategies!
There are more benefits. If you meet the minimum staking requirements, on the top of affiliates benefits, you will earn trading profit for yourself too!
Just imagine, it grows overnight and all you need to do is monitoring how it grows.
SnapBots Ambassador program
If you are looking for the next level of new huge income stream, the SnapBots Ambassador Program is the one for you. SnapBots Ambassador Program will make your account to grow constantly.
Being an Ambassador, you can enjoy more benefits, on top of the Affiliate Program rewards. As an Ambassador, you can enjoy the following:
You will also receive 30% of your referee’s trading profits, every week, as long as he/she is still staking on our strategies!
You will receive 15% on second level referee’s revenue (trading profit) monthly.
You will receive 30% introduction fee if your first level referee becomes an Ambassador.
You will receive 15% introduction fee in your second level referee becomes an Ambassador.
The SnapBots Ambassador Program is limited and eligible only to those who register with a fee of 1000 SNAP.
Join our exclusive Ambassador Program now and earn HUGE commissions FOREVER.
Creating A Snap Wallet
Please visit the SnapBots website and click on the Login Button at the top right.
Select the Create New Account Option.
Following which fill all the required fields with the phone number, email address and password that you are using for the account. Note: The password has to be at least 8 characters long with at least 1 Uppercase letter, 1 lowercase letter and 1 special character. Note: If you have been referred by a friend, please fill in the Referral Code field.
Click Sign Up, and an email will be sent to the email address for verification.
After clicking the link sent within the email, you have successfully created your SnapBots account, as well as your Snap Wallet.
How to Enable 2FA
2FA is a second factor authentication that protects your account from unauthorised access, by having a second layer of authentication present before allowing certain actions to be carried out.
To enable 2FA for your SnapBots dashboard, proceed to the menu on the left side of the screen and click on Settings, and select the 2FA Setting option.
Click the Click to Enable Button.
Download the Google Authenticator App from the Appstore.
Either Scan the QR code shown on the screen, or enter the provided key.
Key in the verification code and select Verify.
After enabling 2FA, log out and log in at least once for 2FA to take effect. Note: The password has to be at least 8 characters long with at least 1 Uppercase letter, 1 lowercase letter and 1 special character.
Should one be locked out of the account and have 2FA activated, you can select Contact Us and send us a message, or email us at [email protected]
How to Deposit into the Snap Wallet
Within the selection menu, on the left of the screen, select Dashboard. The Dashboard displays the following
The current SNAP value per coin currency
The available coin options that investors can use in purchasing SNAP
The quick overview of how many SNAP the user has earned
To Deposit any available coin currency into the wallet, select the Deposit button under that currency’s tab.
From your external crypto coin wallet, make a deposit to the SNAP wallet. Note: To buy cryptocurrency, go to cryptoswop.io. For a list of credible cryptocurrency platforms, reach out to SnapBots support.
Proceed to do either of the following options.
Scan the QR code as shown on screen.
Input the Deposit Address as shown within the box Note: Make sure to only send the correct corresponding coin as selected in step 2, to ensure no potential loss of any coins.
Complete the transaction from your external crypto coin wallet.
Purchasing Snap Tokens
Within the selection menu, on the left of the screen, select Dashboard.
Select the appropriate SWAP button under the corresponding crypto coin’s tab for the crypto coin that you want to be converted to SNAP.
On the right hand dropdown, select SNAP.
Key in the Amount of crypto coins that you want swapped for SNAP.
Enter the Authorisation Code as per the 2FA. If you have any queries regarding the set up of 2FA, refer to the section of How to Set up 2FA, above.
Within the selection menu, on the left of the screen, select Reports, and choose conversion report.
When the status of the operation changes from PENDING to APPROVED, the conversion of the crypto coin to SNAP is successful. Note: The SNAP and Crypto coins will be credited and deducted respectively by the next day.
How to view Deposits and Balance
Within the selection menu, on the left of the screen, select Reports.
Select Deposit Report. This screen displays the Deposit Report page.
Select Balance Report. This screen displays the balance across all currencies in the wallet.
How to Withdraw Crypto from Snap
Within the selection menu, on the left of the screen, select Dashboard.
Select the appropriate Withdrawal button under the corresponding crypto coin’s tab for the crypto coin that you want to have withdrawn.
Select the dropdown and choose the coin that you want withdrawn.
Fill in the required amount to be withdrawn.
Input the external wallet’s address.
Enter the Authorisation Code as per the 2FA. If you have any queries regarding the set up of 2FA, refer to the section of How to Set up 2FA, above.
Within the selection menu, on the left of the screen, select Reports, and choose Withdrawal Report.
When the status of the operation changes from PENDING to APPROVED, the withdrawal of the crypto coin from the Snap Wallet is successful. Note: The crypto coins will be credited to two days after the request is made.
Snap to external wallet (Binance, Huobi, etc.)
Snap wallet to another Snap wallet (user to user)
Viewing Personal Information
Within the selection menu, on the left of the screen, select Settings.
Select Personal Info.
This will display your
Changing the Password
Within the selection menu, on the left of the screen, select Settings.
Select Change Password.
Enter the old password.
Enter the new password.
Re-enter the new password in the Confirm New Password field.
Select Change Password. The password has thus been changed.
Resetting the Password
Please visit the SnapBots website and click on the Login Button at the top right.
Click Forget Password Button.
Enter the e-mail address linked to your SnapBots account.
Select Recover. The system sends a Password reset link to the specified email address.
From your email, select the Reset Password button.
Fill out the fields and click Change Password. The password has thus been changed, and you can re-log in to SnapBots again.
What is the Criteria for Receiving Referral Bonus?
For the Referral Bonus to be awarded, the following criteria have to be met.
Referee's KYC is approved (IC, selfie, phone number, email address) [You may refer to the KYC section to find out more]
Referrer must deposit the minimum amount to the Snap Wallet, before being eligible to refer others.
Referral Rewards will be credited after KYC is approved. However, withdrawal of Referral Rewards can only be done after 6 months.
Referral Rewards cannot be swapped to other coins for the first 6 months
What is KYC and how to do it?
SnapBots needs to ensure that you are genuinely who you claim to be, and that our services are not misused. Thus, your KYC is required for your account if you would like to withdraw more than 1,000 USDT equivalent of cryptocurrencies.
Please provide the following information to the email provided. Once your KYC is verified and approved, you will receive an email. The whole verification will take 3-4 working days.
Once your KYC is verified, your withdrawal limit will be increased to 200,000 USDT or equivalent of 200,000 USDT in other cryptocurrencies.
a. Name of User (must match the test on the submitted ID)
b. Email Address (please use and submit the e-mail address used to create your SnapBots wallet)
c. Phone Number
d. Front and Back of Image of Government Issued Identity Documents (ID)* e.g. Passport / Identity Card, must be valid as of today and not expired
e. A Clear Selfie or Photo of yourself holding an A4 paper written 'SnapBots For KYC << TODAYS DATE >>' (Do make sure the picture is clear and text are readable)
Is KYC required for every user?
No. Anybody can use SnapBots wallet without KYC. However, please note that the daily max withdrawal limit will be 1,000 USDT or equivalent of 1,000 USDT in other cryptocurrencies for non-KYC users.
Why should I do KYC?
KYC is not required for all users. However, should you want to increase the daily max withdrawal limit to 200,000 USDT or equivalent of 200,000 USDT in other cryptocurrencies, you must be KYC verified users. Please note that non-KYC users are eligible to withdraw, however, the daily max withdrawal limit will be 1,000 USDT or equivalent of 1,000 USDT in other cryptocurrencies.
Crypto Transactions Guide:
What is the timeline for deposits to Snap Wallet?
Deposit timeline: The amount deposited to your account will be credited after 24 hours.
When do I start earning trading profit?
Rewards timeline: Users start earning trading profit a day after their deposit. However, rewards are credited every week on Tuesdays or Wednesdays.
What is the minimum balance required within the Snap Wallet to receive all rewards and trading benefits?
The minimum amount of cryptocurrency required is stated as below
All Rewards and Trading Profit will be calculated when you meet the above minimum deposit, for any 1 of the coins in your SnapBots wallet.
What is the timeline for Swapping within Snap Wallet?
When swapping, the amount you swapped is immediately credited into or deducted from your wallet.
What is the timeline for withdrawals from Snap Wallet?
When withdrawing, the amount you have withdrawn will be credited into your external wallet on day 3 as seen in the timeline above.
- BEFORE 6PM: the amount is credited on the same day. - AFTER 6PM: the amount is credited the day after.
What is the daily max withdrawal limit?
Daily max withdrawal limit is a limited amount that you can withdraw within a day. For non-KYC users, the daily max withdrawal limit is 1,000 USDT or equivalent of 1,000 USDT in other cryptocurrencies. For KYC verified users daily max withdrawal limit is 200,000 USDT or equivalent of 200,000 USDT in other cryptocurrencies.
What are the fees for internal/external withdrawal and minimum internal/external withdrawal amount from SnapBots Wallet?
The fees and minimum amount of cryptocurrency withdrawal from SnapBots Wallet is as shown below.
Note: Fees and minimum withdrawal amount are subjected to change based on internal and external transfer/withdrawal.
What is staking?
Staking is simply individuals holds cryptocurrencies in your digital wallet for a certain time period and earn profits from it.
What does the different strategies mean?
There are three strategies in SnapBots, users can choose based on their preference of the lock-in period.
Cradle Cradle is made up of a set of arbitrage strategies. Multiple assets listed in different exchanges are priced differently at times during latency and market movements. The algorithms lock in the arbitrage opportunities whenever they detect them.
Ayers These bots seek to utilize short term trading opportunities to generate pure alpha strategy with low daily volatility.
Silk These bots are running this strategy to take advantage of the volatility and learn various trading patterns by observing them continuously. They assess the statistical significance of trading patterns turning into successful trades to generate alpha and reduce beta in its trading performance.
How do I stake?
Staking is unique from traditional investing models since investors earn interest on their holding. So it often compared with the fixed deposit model, whereby the longer and higher your investment, the more interest you can earn from it. Staking works differently among each type of cryptocurrency, but the concept is very similar.
Terms of staking
BY CLICKING THE “AGREE” BUTTON OR BY ACCESSING OR USING THE SERVICES, YOU AGREE TO BE LEGALLY BOUND BY THESE TERMS OF SERVICE AND ALL TERMS INCORPORATED BY REFERENCE.
SnapBots offers digital assets wallet service where users can hold different digital assets to receive trading rewards with their minimum deposit. SnapBots also provides digital assets wallet with a staking plan. The purpose of staking is to verify the transactions and maximize the trading performance of the strategies that are performed by the bots. Each strategy can be run by a bot or a group of bots. All strategies have their Staking Rewards Structure (SRS). Thus, our community users can have different SRS in different cryptocurrency and holding periods (“Staking Period”), which may include strategies such as no-stake, Cradle, Ayers, Silk (“Strat”). Each Strat you establish will be separate from each Staked plan you establish and will hold only one type of cryptocurrency and one fixed period. In that way, the interest calculation for each of these Strategies will be done separately based on the cryptocurrency in the specific staking period. You can also choose not to stake your cryptocurrency to get lowest rewards rate. You may have multiple active Strategies at a given time.
1. Explanation of Service Terms
Transfer: User may transfer any cryptocurrency (a form of Digital Assets) supported by SnapBots(as displayed on the Website(Snapbots.io) and as shall be revised from time to time).
Staking or Staked Plan: User may stake a certain amount of an agreed digital asset in the SNAP Reserve. After, the staked digital asset will be locked until the maturity.
Maturity: The time period at which the reward gain from the Strat becomes payable to the User staking on the digital asset.
Minimum Balance to Open: Each Staked Plan will have a minimum balance that is required to open the Staked Plan, which will be disclosed to User when User requests the Staked Plan.
Rewards Accrual or Accrued Rewards: The Principal will start accruing rewards on the day after User establishes the Staked Plan and fund the Staked Plan with Digital Assets from the relevant wallet in User Wallet App. Rewards will not be compounded. Accrued rewards interest will be paid in the same Digital Assets as the Principal and credited to the relevant wallet in User Wallet App only after the maturity date. This account requires the distribution of rewards and does not allow rewards to remain in the account. If User terminate the Staked Plan before rewards are credited, certain percentage of rewards will be deducted from rewards, therefore, the User may only receive partial accrued rewards.
Balance Computation Method: We use the weekly-balance method to calculate the rewards on User Staked Plan. This method applies a weekly periodic rate to the Staked Plan each weekly (which is credited to User Wallet App after the maturity date).
Early Withdrawal: User shall be allowed to terminate a Staked Plan before the maturity date of the Staked Plan. If the User chooses to terminate the stake plan before the maturity date, User may only receive partial accrued rewards after the deduction of certain percentage from rewards.
Auto-Renewal: On the maturity date of User’s Fixed Term, User understand and agree that the Principal will be automatically renewed, prior to the early agreement of the auto-renewal.
Auto-Withdrawal: On the maturity date of User’s Fixed Term, User’s rewards will be auto-withdrawing to user’s wallet prior to early agreement of the auto-withdrawal.
Minimum Balance to Earn Rewards: User must maintain a minimum balance each day in Strategies to earn rewards for that Strategies. For the applicable minimum balance, please refer to the details of the Staked Plan set out in the User Wallet App. If there is any change in such minimum balance, we will notify User in written format.
Cradle: One of the staking strategies.
Ayers: One of the staking strategies.
Silk: One of the staking strategies.
Strategies: We use several staking strategies with different staking periods and rewards accrual. These strategies include Cradle, Ayers, and Silk. Strategies are subjected to be added or edited by SnapBots with notification.
2. Ownership and Intellectual Property
The SnapBots owns all proprietary rights in the Service which include the domain (“https://SnapBots.io”), marketing materials such as logos, color schemes, design, and also, but not limited to, copyrights, trademarks, trade secrets, service marks, development practices, proprietary software, and other intellectual property rights. You as a Client is obligated to respect all intellectual property of the SnapBots mentioned above, which are protected by law.
3. Use License
You are allowed to use our Service as it is provided by the SnapBots, without any modifications to the software or the Service that we provide. It’s restricted to modify any software created by Our Company without any prior notice, and it’s also restricted to extract and use source code which was created by the SnapBots. You shall not perform any unlawful actions against the Service, that may create a huge load on our infrastructure interfering the normal work of the Service; attempt to bypass or circumvent any security mechanisms, gain unauthorized access to any type of our computer systems, conduct any activities that may disrupt the work of the Service, run malicious code such as worms, trojans, crypto jacking software and other types of the viruses against the Service, including, but not limited to, computer networks or computer systems. It's also prohibited to launch any software (“crawlers”, “spiders”, “auto-responders”) or devices on the Service, that will automatically or manually collect any data on the Website or will spam on the Service. The “Use License” automatically voids in case an Individual violates the aforementioned rules, and shortly his/her account gets suspended. In case a User or any other individual has damaged any part of the Service due to any type of the cyber-attack, then this case will be reviewed and provided to Law Enforcement which will act accordingly in this situation.
4. User Eligibility and Responsibilities
4.1 By using our Service, you understand and confirm:
You have agreed to abide by the “SnapBots Terms and Conditions” and you are eligible and not to be prohibited from using the Services defined therein;
If you are registering the Service in your personal capacity, in order to effectively accept this Agreement, you must be at least 18 years old, with full civil rights and civil capacity, and have all the necessary authorities and abilities to sign this Agreement. Once signed, it is binding on you;
If you are registering to use the Service on behalf of a legal entity, in order to effectively accept this Agreement, you declare and guarantee that (i) such legal entity is legally established and valid in accordance with applicable laws; (ii) you are duly authorized by the legal entity to have the right to act on their behalf.
You have the experience and risk tolerance of using the service, and have the experience and knowledge to invest in non-guaranteed digital currency products;
In order to use the Service, you have the ability to perform operations on the Internet;
This Agreement does not conflict with the laws of your country or region, and you promise that you will comply with the laws of your country or region;
You are the legal owner of the digital assets in your SnapBots wallet account.
4.2 By using our Service, you agree and promise:
You will not use the Service for any illegal purposes, including but not limited to illegal gambling, money laundering, fraud, extortion, data breaches, terrorist financing, and any other violent activities or any businesses prohibited by the law.
You will not conduct, initiate or promote any forms of market manipulation or other forms of illegal conduct, including but not limited to illegal gambling, money laundering, fraud, extortion, data breach, terrorist financing, and any other violent activities or businesses prohibited by the law.
In no way will You interfere with the proper operation of the Service by performing any actions that could adversely affect the operation or reputation of SnapBots;
You are responsible for taking appropriate measures to ensure that you comply with all laws of your country of residence, including applicable tax laws;
4.3 You understand and accept the risks that may arise to you and the related losses you may suffer from using the Service, including but not limited to:
You may suffer from the risks associated to the inability to trade the staked digital assets. You are willing to bear the funding risks and potential financial losses caused by staking;
The expected monthly/annual rewards percentage and max drawdown percentage displayed on SnapBots website is the theoretical estimation based on historical performance instead of the actual rewards or drawdown you will get from staking. The actual rewards may vary from the expected rewards. Your final rewards amount will be computed based on the actual rewards or drawdown you received. SnapBots will deduct any cost, fees, and expenses related to the operation of Staking (including but not limited to the server fees, electricity fees, etc.) as well as the handling fees for Staking from your actual rewards of Staking to determine your final rewards amount. SnapBots does not make any guarantee or promise to the actual rewards amount that you may receive;
High price fluctuations of digital assets and their derivatives may cause significant or total losses in a short period of time;
Technical anomalies may occur, which may delay or prevent you from using the service or performing related transactions and result in losses of your digital assets;
Market anomalies may occur, which may result in losses of your digital assets;
In order to maintain the overall health of the market, SnapBots is required to add, remove, or change the policies, the terms of this Agreement or other relevant service agreements or terms from time to time. Such behavior may benefit or harm individual customers like you.
The materials on our website are provided on an ‘as is’ basis. We make no warranties, expressed or implied, and hereby disclaim and negate all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, we do not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on our website or otherwise relating to such materials or on any sites linked to this site. By continuing to use our service, you agree to have understood the Disclaimer in regard to accuracy of information, no investment advice and independence.
6. Limitations of Liability
In no event shall we or our suppliers, subsidiaries, affiliates, shareholders, directors, officers, employees, agents, partners and information providers be liable for any damages (including, without limitation, damages for loss of profit, exemplary or special damages, loss of sales, loss of revenue, loss of savings, loss of goodwill, loss of any software or data, loss of bargain, loss of opportunity, loss of use of computer equipment, loss of or waste of management or other staff time, due to business interruption and/or any indirect, consequential or special loss) however arising out of the use or inability to use the materials on our website Snapbots.io authorized representative has been notified orally or in writing of the possibility of such damage. If any applicable authority holds any portion of this clause to be unenforceable, then the liability will be limited to the fullest possible extent permitted by applicable law.
We may terminate or suspend access to our Service immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.
All provisions of the Terms which by their nature shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.
8. Governing Law
These Terms shall be governed and construed in accordance with the laws of Singapore without regard to its conflict of law provisions.
Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect. These Terms constitute the entire agreement between us regarding our Service and supersede and replace any prior agreements we might have between us regarding the Service.
We reserve the right, at our sole discretion, to modify or replace these Terms at any time and without prior notice. What constitutes a material change will be determined at our sole discretion.
By continuing to access or use our Service, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.
10. Risk Disclosure
Before using the Platform, you are responsible for ensuring that you understand the risks associated with cryptocurrencies, cryptocurrency platforms and cryptocurrency transactions. You acknowledge and agree that you access the SnapBots website and the Services at your own risk, taking full responsibility for any decision to purchase, sell, exchange or otherwise use cryptocurrencies within the Platform. The Platform is not responsible for any results, whether positive or negative, obtained by using the SnapBots website or Services. You shall agree to provide accurate, relevant and complete information during registration and upon completing your profile in detail. The Platform reserves the right to suspend or terminate access to your Account if any information provided during registration, or after, is found to be inaccurate, irrelevant or incomplete. You shall not disclose your password to third parties and are solely responsible for any actions committed by anyone found using your Account, regardless of whether you have authorized such actions or not. You must immediately notify the Platform of any unauthorized use of your Account.
11. Force Majeure
The Platform has the right to state force majeure circumstances on reasonable grounds. In this case, the Platform, including its developers, employees, agents, partners, users or providers of additional services, shall not be considered responsible for any delays, malfunctions or termination of the Services directly or indirectly caused by military operations, terrorism, strikes, fires or other natural and man-made catastrophes, interruptions in power supply or telecommunications, or any other circumstances beyond the control of the Platform.
User of the service (the Customer or You) should read these Special Terms carefully before using the www.SnapBots.io website (the “Service”).
The Customer may use the Service (or any part thereof) only in accordance with this Special Terms and other terms of the www.SnapBots.io website related to The Customer and provided Service.
By using the Service, The Customer acknowledge that he/she have read and understood the Special Terms.
After receiving service from the applicable exchange partner, the records of the applicable the Customer’s transaction and the information of the applicable transaction is saved in blockchain, but SnapBots shall have the absolute and full right to cancel any Customer’s transaction at any time, at its sole discretion. In the event that prior to such cancellation a cryptocurrency has already been transferred by the Customer to the applicable exchange partner, SnapBots shall make commercially reasonable efforts to ensure that such exchange partners a refund to the Customer, to the wallet address provided by The Customer in advance (if applicable), less any applicable blockchain transaction fees. The Customer acknowledges and agrees that time shall not be of the essence for the purposes hereof and SnapBots does not warrant or guarantee timely delivery and shall not be liable to The Customer for any delays in providing the refund.
If the balance of The Customer’s payment card is refused by the bank, and the funds consideration is transferred back to the exchange partner, it is the absolute and exclusive responsibility of The Customer to communicate with the exchange partner in connection with an alternative mechanism to transfer the funds consideration to The Customer. In no event shall The Customer be entitled to receive back the cryptocurrency transferred to the exchange partner.
SnapBots is not responsible for any other third-party services or any other Customer’s services and not responsible or involved in any of such services or transactions. SnapBots is not responsible for any loss that may result from The Customer or any other Customer’s use of service, any exchanges or third party services and for any subsequent use of any cryptocurrency deposit or transfers through SnapBots services, including third party content displayed, maintained, transmitted or linked by or in connection with SnapBots service.
SnapBots is absolutely not in any way endorsing any application, product, good, service or advertisement which may be mentioned or otherwise presented or linked on, through and/or in connection with the service, including for any exchange, third party services and/or cryptocurrency.
SnapBots is absolutely not responsible for any content, exchange rate, quality, reliability, usability, or the level of the service provided by the exchange and will not be liable for any damages or losses whatsoever arising from or in connection with the use or inability to use any goods or services offered by and/or through the exchange, including by the other Customers of the service.
The Customer acknowledges and absolutely agrees to take all responsibility, also all the risks for using any third-party service.
The Customer hereby represents and warrants that:
The execution of the Special Terms does not and will not violate any other agreement or contract to which the Customer is bound or any law, rule, regulation, order or judgment to which The Customer is subject to.
The Customer will not infringe or violate any of the Special Terms.
The Customer possesses the legal authority to enter into these Special Terms and to enter into a legally binding agreement under any applicable law, to use the Service in accordance with these Special Terms, and to fully perform Customer obligations hereunder in accordance with these Special Terms.
If The Customer connects to, accesses or uses the Service on behalf of an entity or any third party, The Customer represent and warrant that The Customer are duly authorised under any applicable law to represent such entity or third party in connection with these Special terms and to commit it to be bound by these Special terms, and hereby make all representations and warranties herein on both The Customer and its behalf.
The Customer possesses the knowledge and judgment necessary to decide whether to use the Service or otherwise engage with other Customers of the Service.
The Customer acknowledge that he/she is solely responsible for complying with applicable laws regarding use of the Service, or any other interaction and/or transaction The Customer makes through or in connection with the Service, including the determination of whether a transaction made through or following The Customer’s use of the Service complies with the Special Terms or the jurisdictions and laws applicable to The Customer and all other parties of The Customer’s engagement.
The Customer will not rely on SnapBots and fully understand that SnapBots does not provide any endorsement, support, representation or guarantee regarding the accuracy, reliability, truthfulness, legality or completeness of any goods, services, information or content that may be available to The Customer in connection with the exchange partner, including with respect to any cryptocurrency.
The Customer is obliged to independently receive the appropriate professional advice (including legal, accounting, commercial and any other advice) to protect his/her interests. The Customer acknowledges that there is no professional relationship (including any attorney-client or advisor-advisee relationship) between The Customer and SnapBots or any other Customers, unless The Customer and any such User specifically agree otherwise, and that The Customer may not solely or fundamentally rely on any information, content or any features that The Customer finds on or through the Service, unless The Customer and any such User specifically agree otherwise.
The Customer acknowledges that there are risks in using the Service and/or connecting and/or dealing with other Customers and/or any exchange partner, through or in connection with the Service, and that SnapBots cannot and does not guarantee any specific outcomes from such use, interactions and/or transactions, and The Customer hereby assumes all such risks, liabilities and/or harm of any kind arising in connection with and/or resulting from such use, interactions and/or transactions. Such risks may include, among others, misrepresentation of information about and/or by any exchanges, goods, services and/or other Customers, breach of warranty and/or contract, violation of rights and any consequent claims.
SnapBots limitation of liability:
SnapBots does not warrant or make any representations regarding the use, the inability to use or operate, or the results the use or operations of the Service.
SnapBots service, including without limitation any content, data and information related thereto, are provided on an “as is” basis and “as available” basis, without any warranties of any kind, express or implied, including warranties of status or non-infringement or implied warranties of use, including without limitation, the quality of products and services provided by the third party services and/or exchange partners.
SnapBots, officers, directors, shareholders, employees, partners, parent companies are not responsible for usability, accuracy, quality, availability, reliability, suitability, completeness, trustfulness, usefulness, or effectiveness of any content, data, results, or other information obtained related to the services provided by the third party services and/or exchange partners.
SnapBots does not endorse any legal entity, product or service mentioned on the service or made available in connection with the service, including any third-party services and exchanges using the service.
SnapBots does not warrant that third-party services and exchange services is or will be secure, accurate, complete, uninterrupted, without error, or free of viruses, worms, other harmful components, or other program limitation.
The Customer agrees and acknowledges that the use of the service, including the transfer of any payment or cryptocurrency through the service and Customer use of the exchange and cryptocurrencies through an exchange service, is entirely, or otherwise to the maximum extent permitted by applicable law. The Customer fully acknowledges and agrees to assume all risks associated with the use of the service.
SnapBots is not responsible for any charges or fees using the third-party services and or fees of third-party exchange services.
SnapBots not responsible for any damages and losses, including direct or indirect resulting from arsing the service using the third-party services and exchange services.
There are certain actions that are strictly prohibited in relation to the Service. The Customer should read carefully, because failure to comply with the provisions of this terms may lead to termination of access to the Service, and may also result in civil and/or criminal liability.
Actions regarding the SnapBots website that are strictly prohibited:
Copy, modify, create derivative works, adapt, emulate, translate any part of the content of the Service, including any information, materials and data available on the Service without the prior written consent of SnapBots;
Create a browser or limited environment around the Service and/or content, links, also embedded links, to elements of the Service, such as images, posters and videos, and/or create or reflect any part of the Service, unless expressly permitted in accordance with this Special Terms;
Intervene or violate the right of any other Customer to privacy or other rights, as well collect personal information about visitors or users of the Service without their consent, including using any other methods for retrieving, indexing or collecting data;
Defame, abuse, harass, stalk, threaten and/or violate in any way the legal rights of other visitors of the website or other Customers;
Use and/or display the Service (or any part of Service) in relation to any product or service that in itself and/or contains any information or content that may be deemed offensive, harassing, threatening, hateful or conducive promoting antisocial behaviour, promoting the tobacco industry or the arms industry, obscene, libellous or racial, sexual, religious or otherwise objectionable, offensive and/or violating any legal rights of others and/or availability of the content or any reference to SnapBots and/or Service may be perceived as detrimental to the reputation of the SnapBots or actually calls into question the Service;
Transmit, distribute, display or otherwise provide through the Service or in connection with it any content that may violate the rights of third parties, including intellectual property rights and privacy rights, or which may contain any illegal content;
Impersonating any natural or legal person or providing false information about the Service, directly or indirectly;
Mislead or otherwise distort your affiliation with any natural or legal person, express or imply that SnapBots or any third party supports you, your company or any of your statements, or provides false or inaccurate information about the Service;
Transmit or otherwise make available in connection with the Service and/or use the Service to spread and/or otherwise transmit any virus, worm, trojan, time bomb, web error, spyware or any other computer code, file or program which may or is intended to damage or seize the operation of any hardware, software or telecommunications equipment, or any other actually or potentially harmful, destructive or invasive code or component;
Interfere with or disrupt the operation of the Service, or the servers or networks that host the Service or make the Service available, or disobey any requirements, procedures, policies, or regulations of such servers or networks;
Sell, license or commercialize any use or access to the Content and/or Service;
Use the Service for and/or in connection with any form of spam or similar behavior;
Create a database by systematically downloading and storing all or any of the Content, or forward any data generated from the Service without the prior written consent of SnapBots;
Bypass any measures that may be used to prevent or limit access to the Service and/or certain functions in it;
Use the Content and/or Service for any illegal or unauthorized purposes;
Use the Service and/or Content for non-personal or commercial purposes without the prior written permission of SnapBots; or violate any of these Terms.
The Service, the content, SnapBots software and any and all intellectual property rights pertaining thereto, including, without limitation, inventions, patents and patent applications, trademarks, trade names, logos, copyright materials, graphics, text, images, designs, specifications, methods, procedures, information, know-how, algorithms, data, technical data, interactive features, source and object code, files, interface, trade secrets, whether or not registered and/or capable of being registered, owned and/or licensed to SnapBots, and are subject to copyright and other applicable intellectual property rights, foreign laws and international conventions. You may not copy, distribute, display, execute publicly, make available to the public, emulate, reduce to human readable form, decompile, disassemble, adapt, sublicense, make any commercial use, sell, rent, lend, process, compile, reverse engineer, combine with other software, translate, modify or create derivative works of any material that is subject to SnapBots proprietary rights, including SnapBots Intellectual Property, either by yourself or by anyone on your behalf, in any way or by any means, unless expressly permitted in the Terms.
SnapBots and all logos and other proprietary identifiers used by SnapBots in connection with the Service are all trademarks and/or trade names of SnapBots, whether or not registered.
All other trademarks, service marks, trade names and logos which may appear on or with respect to the Service belong to their respective owners. Customers and visitors should avoid using any of those marks, unless expressly permitted herein.
Customer and visitors are further prohibited from using, diluting or staining any name, mark or logo that is identical, or confusingly similar to any of SnapBots marks and logos, whether registered or not.
The Customer may use the Service only from 18 (eighteen) years old. If the site visitor is under the age of eighteen or has not reached the age of maturity to enter a contractual relationship in the country in which the visitor is located, he should not attempt to use the Service.
Third Party Providers:
The Service may be available on and/or linked to through certain third-party exchanges, websites and other third-party providers. Such third-party providers are independent from the SnapBots Service. The Customer hereby acknowledges that SnapBots has no control over such third party providers, and further acknowledges and agrees that SnapBots is not responsible for the availability of third party providers, and does not endorse and is not responsible or liable for any goods, services, content, advertisements, products, or any materials available on and/or through such third party providers.
The Service availability and functionality depend on various factors, such as networks, software, hardware, SnapBots service providers and contractors, and such third-party providers carrying the Service. SnapBots does not warrant or guarantee that the service will operate and/or be available at all times without disruption or interruption, or that it will be immune from unauthorized access.
Changes to the service:
SnapBots take the right to modify, correct and make any other changes to, or discontinue, temporarily or permanently, the Service including all rewarding programs without any notice, at any time. In addition, The Customers and visitors hereby acknowledge that the content available through the Service may be changed, extended in terms of content and form or removed at any time without any notice to The Customers and visitors. The Customer and/or visitor of the website agrees that SnapBots is not responsible to The Customer or any third party for any changes, suspension, error, malfunction or termination of service.
SnapBots offers rewards program including affiliates and ambassadors for The Customer. The Customer hereby agrees to comply with rewards program policies and guideline which are defined by SnapBots.
The Customer must use user account’s unique referral URL to participate in program.
SnapBots without further notice and Company shall not be obligated to pay any rewards related to the breach of this clause. Examples of inconsistent marketing include, but are not limited to:
Offensive words, profanity, sexual content or hateful content; or,
Association with illegal marketing schemes such as pyramid schemes, Ponzi schemes or other forms of marketing banned in any jurisdiction; or,
Implying that SnapBots are securities (e.g. stocks, bonds, etc.);or,
Suggestions that purchasers will gain any rights with respect to Company; or,
Association with spamming or illegal activities; or,
The Customer will be responsible for all taxes, fees and levies associated with the transfer of rewards from SnapBots, not limited to SNAP tokens to account. Regardless of the jurisdiction in which they arise, and are cautioned to seek independent legal counsel.
The Customer hereby agrees that they may not use advertisements, copy, text, images or any other content that is inconsistent with Company’s marketing efforts, as determined by Company in its sole discretion. Any anticipated or actual breach of this clause shall entitle Company to terminate your SnapBots account without further notice and Company shall not be obligated to pay any rewards related to the breach of this clause.
The Customer must use unique URL on their user account and The Customer will only receive rewards for registrations completed by unique URL on user account.
The Customer hereby agrees that except as explicitly provided otherwise herein, upon delivery of the cryptocurrency purchased or sold by The Customer from or to the exchange partner, as the case may be, The Customer will not be entitled to any credit or refund and all such purchases and sales are final. SnapBots obligations towards to The Customer will be absolutely discharged upon delivery of the cryptocurrency to The Customer (in case of a buy transaction), or the consideration for the cryptocurrency to The Customer (in case of a sell transaction), as the case may be, and The Customer shall have no claim or right against SnapBots upon such delivery.
The Customer further agrees that any funds or other assets which he/she has deposited with an Exchange and/or which you are entitled to from and/or through such Exchange may be set off by either the Exchange and/or SnapBots and used as collateral in order to secure the fulfilment of your obligations herein.
In addition, The Customer hereby agrees that any payment to be made by him/her with respect to the Service which is not made by its due date shall bear interest thereon at the maximum rate permitted by law at the time payment is due, computed from the original due date until paid, and that The Customer shall be liable to pay any payments or fees arising from such late payments.
Amendments to the terms:
Termination of Service:
At any time, SnapBots may block The Customer’s access to the Service, for any reason, at its sole discretion, in addition to any other remedies that may be available to SnapBots under any applicable law. Such actions may be taken if SnapBots deems that The Customer has breached any of these terms in any manner.
Additionally, SnapBots may at any time, at its sole discretion, cease the operation of the Service or any part thereof, temporarily or permanently, without giving any prior notice. The Customer agrees and acknowledges that SnapBots does not assume any responsibility nor liability with respect to, or in connection with the termination of the Service and/or loss of any data.
Choice of Forum and Governing Law
Any disputes shall be heard in the courts of the Singapore and the laws of Singapore shall apply.
Any heading, caption or section title contained herein is inserted only as a matter of convenience, and in no way defines or explains any section or provision hereof.
These Terms constitute the entire terms and conditions between The Customer and SnapBots relating to the subject matter herein and supersede any and all prior or contemporaneous agreements, understandings, promises, conditions, negotiations, covenants or representations, whether written or oral, between SnapBots and The Customer, including, without limitation, those made by or between any of our respective representatives, with respect to the SnapBots. The Customer agrees that he/she will make no claim at any time or place that these Terms have been orally altered or modified or otherwise changed by oral communication of any kind or character. The Customer further agrees that he/she is not relying upon any promise, inducement, representation, statement, disclosure or duty of disclosure of SnapBots in entering into these Terms.
This agreement is the entire agreement between the parties with respect to all Service of SnapBots. Or any other subject matter covered by this agreement and supersedes any other understandings.
Personal Information We Collect
When you visit the Site, we automatically collect certain information about your device, including information about your web browser, IP address, time zone, and some of the cookies that are installed on your device. Additionally, as you browse the Site, we collect information about the individual web pages or products that you view, what websites or search terms referred you to the Site, and information about how you interact with the Site. We refer to this automatically-collected information as “Device Information.”
We collect Device Information using the following technologies:
“Log files” track actions occurring on the Site, and collect data including your IP address, browser type, Internet service provider, referring/exit pages, and date/time stamps.
“Web beacons,” “tags,” and “pixels” are electronic files used to record information about how you browse the Site.
We also collect the following information, that you have provided to us. We refer to this information as “Customer Data”
Such customer data is collected by the information You Provided when registering on the Site.
This includes, but is not limited to:
Date of birth
SnapBots may request information about you from third parties for identity verification purposes and in order to reduce the risk of fraud.
Personal Data Disclosure
Your Personal Data may be disclosed to the following third parties: Relevant government authorities or law enforcement agencies, where such disclosure is required by us in order to comply with the applicable laws and regulations. Banks, credit card companies and other financial institutions that cooperate with SnapBots.
Do Not Track
Please note that we do not alter our Site’s data collection and use practices when we see a Do Not Track signal from your browser.
Your personal data will be retained for five years. To ensure the security and confidentiality of your Personal Data, we take measures reasonably designed to protect that information from loss, misuse, unauthorised access, disclosure, alteration or destruction.
For more information about our privacy practices, if you have questions, or if you would like to make a complaint, please contact us by e-mail at [email protected]
Anti-Money Laundering Policy
Policy Statement On Anti-Money Laundering And Know-Your-Customer
These are the policy and procedures adopted by SnapBots in compliance with the Anti-Money Laundering and Anti-financing-terrorism requirements. The business will actively prevent and take measures to guard against being used as a medium for money laundering and terrorism financing activities or any other illicit activity.
To these ends, the identities of all new and existing customers will be verified to a reasonable level of certainty and any suspicious activity will be reported. Records of all identity checks will be maintained for up to 5 years. Furthermore, for the purposes of meeting the ‘know your customer’, Anti-Money Laundering and Anti-financing-terrorism requirements, You (the Customer) must also tell us promptly, in writing, of any change in any documents or information given to us, and provide us supporting documents and evidence of any change.
SnapBots will then ensure that all documents, data or information held in evidence of customer identity are kept up to date.