Zelus Terms of Use

Effective Date: January 26, 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.

1. Introduction

Zelus is 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”). Additionally, Zelus may allow you to interact with third party service providers for other services, such as digital asset exchanges. 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.

BY AGREEING TO THESE TERMS, EXCEPT FOR (I) CERTAIN TYPES OF DISPUTES DESCRIBED IN SECTION 12, (II) WHERE YOU EXERCISE YOUR RIGHT TO OPT OUT OF ARBITRATION AS DESCRIBED IN SECTION 12, OR (III) TO THE EXTENT PROHIBITED BY LAW, DISPUTES BETWEEN YOU AND ZELUS WILL BE RESOLVED SOLELY ON AN INDIVIDUAL BASIS AND NOT AS A CLASS ARBITRATION, CLASS ACTION, ANY OTHER KIND OF REPRESENTATIVE PROCEEDING, OR BY JURY TRIAL. If you do not agree to these Terms, do not use our Services.

Please note that these Terms contain Indemnification, Governing Law, Assumption of Risk 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, you are not permitted to use our Services.

Updates to Terms of Use. Your use of the Services is subject to your agreement to these Terms, which may be updated by us at any time. We will notify you of such updates by posting the updated Terms on this website or through other methods of communication which we deem reasonable. You agree to check this website regularly to be informed of any updates to these Terms. The updated Terms will be effective at the time they are posted on this website. If you do not agree with these Terms, you may not use the Services.

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 at least 13 years old and have your parent or guardian’s consent to agree to these Terms, (2) reside in the United States, 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.

Service Users. In order to use our Services, you will need to provide an email address that will be associate 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, in our sole discretion, 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:

Account Communication. By becoming a Service User, you consent to receive electronic communications from Zelus (e.g., via email, by posting notices to the Services, etc.). These communications may include notices about your use of the Services (e.g., email changes and/or other transactional information) and are part of your relationship with us. You agree that any notices, agreements, disclosures or other communications that we send to you electronically will satisfy any legal communication requirements, including, but not limited to, that such communications be in writing. You should maintain copies of electronic communications from us by printing a paper copy or saving an electronic copy. We may also send you promotional communications via email, including, but not limited to, newsletters, special offers, surveys and/or other news or information that we think will be of interest to you. You may opt out of receiving these promotional emails at any time by following the instructions to unsubscribe, as provided therein.