Zelus Terms of Use

Effective Date: January 27, 2023

Hello, and welcome to the Zelus Terms of Use (these “Terms”). These Terms are important because they describe your rights and obligations when using the Services (defined below) offered by us or our affiliates.

Please note that these Terms contain Indemnification, Governing Law, Assumption of Risk, Right of Withdrawal and Disclaimer of Warranties and Limitation of Liability Sections that affect your rights, including your ability to bring legal claims against us.

Please read these Terms, our Privacy Policy (available at: https://zelus.notion.site/Privacy-Policy-0e1b690fd8b74f22b29766dd05c4394f (the “Privacy Policy”) and any other terms referenced in this document carefully.  If you do not agree to be bound by these Terms of Use, you are not permitted to use our Services.

1. Introduction

Welcome to Zelus, a service owned by Zelus Wallet, LLC, a Delaware limited liability company (“Zelus”, “we”, “us”, “our”). These Terms govern your access to and use of the Zelus website and/or mobile or desktop software applications, including the online platform where users may create a new, or import an existing, digital-asset wallet (collectively, the “Services”). By signing up to use an account through zelus.io, APIs or the Zelus mobile application(s) (collectively the "Zelus Site"), you agree that you have read, understand, and accept all of the terms and conditions contained in these Terms, as well as the Privacy Policy.

ZELUS IS A PLATFORM. WE ARE NOT A BROKER, FINANCIAL INSTITUTION OR CREDITOR. THE SERVICES ARE OFFERED AS AN ADMINISTRATIVE PLATFORM ONLY.

2. Using Our Services

Important disclaimers. Zelus is not intended as, and does not provide, any investment or financial advice whatsoever. As with any financial or investment decisions, you should conduct your own research and due diligence investigation, to properly evaluate the benefits and risks of any investment or financial transaction. You should also seek the advice and guidance of qualified accountants, financial advisors, tax advisors, legal counsels and investment advisors, in connection with any investment or financial transaction.

Eligibility. To be eligible to use the Services you must be (1) 18 years old or older (or the applicable age of majority in your jurisdiction), (2) a resident of a country in which the Zelus mobile application is available, and (3) you must not be currently the subject of or subject to economic sanctions such as the United Nations Security Council Sanctions List, the list of specially designated nationals maintained by U.S. Department of Treasury's Office of Foreign Assets Control ("OFAC"), or any similar list maintained by any other relevant sanctions authority. We may still refuse to let certain people access or use the Services. We reserve the right to change our eligibility criteria at any time.

Amendments to Terms of Use. Zelus reserves the right to amend and update these Terms. These changes and updates may be made due to changes to the Services and digital content or changes to legislation, regulation or practice.

We will notify you of such amendment in advance by email or directly in the app. Any change to these Terms that are not disadvantageous to you may take place without giving notice to you but by being published at Zelus' application and will be effective upon publishing such updated Terms. If you do not agree with these Terms, you may not use the Services.

You may terminate the agreement at any time due to amendments of these Terms.

Every time our Services are used, the Terms in force at the time of use will apply.

Service Users. In order to use our Services, you will need to provide an email address that will be associated with your Digital Wallet (as defined below). Upon providing your email address you become a Service User (“Service User”). By becoming a Service User, you agree: (a) to provide accurate, current and complete information about yourself; (b) to maintain and promptly update from time to time as necessary your information; (c) to maintain the security of your password and accept all risks of unauthorized access involving your email and password combination and the information you provide to us; (d) to immediately notify us if you discover or otherwise suspect any security breaches related to the Services, or your email and password combination; (e) that you will use our Services only for yourself, and not on behalf of any third party, unless authorized by such third party; and (f) that you are fully responsible for all activity on the Services that occurs under your email and password combination. We may refuse to allow you to become a Service User, or limit the number of Digital Wallets (as defined below) that you may associate with the Services, or suspend or terminate any Service User, including access to your Zelus Wallet (defined below).

You also agree that you will not: