1. Acceptance of the Terms
These Terms of Service (the "Terms") govern your access to and use of the website growbit.one, the Growbit mobile and web applications, and all related services, features, content, tools and APIs (collectively, the "Services") provided by Alegra Capital (Lie) Ltd., a company incorporated in the Principality of Liechtenstein and licensed by the Liechtenstein Financial Market Authority (the "FMA") as an asset management company (referred to as "Growbit", "we", "us" or "our").
By creating a Growbit account, accessing the Services, or completing any transaction through Growbit, you confirm that you have read, understood and agreed to be bound by these Terms, our Privacy Policy and our Risk Disclosure. If you do not agree, you must not access or use the Services.
These Terms are entered into electronically. Your electronic acceptance has the same legal effect as a handwritten signature and is enforceable to the fullest extent permitted by applicable law.
2. About Growbit
Growbit is a multi-asset trading and asset-management platform that allows eligible clients to:
- buy, sell and hold supported cryptocurrencies on spot and margin accounts;
- access leveraged trading on selected foreign-exchange pairs, commodities, indices and equities through CFD-style derivative exposure;
- participate in staking, savings and yield-generating programs offered from time to time;
- use AI-driven trading strategies (the "Trading Bot") under conditions disclosed inside the platform;
- use ancillary tools such as live charts, market analytics, alerts and reporting.
Growbit is operated by Alegra Capital (Lie) Ltd. registered in Vaduz, Liechtenstein. Our regulatory status, license category and any conditions imposed by the FMA are published on the FMA’s public register at fma-li.li.
3. Eligibility & Restricted Persons
You may register and use the Services only if you:
- are at least 18 years old (or the higher age of majority in your jurisdiction);
- have full legal capacity to enter into a binding contract;
- are not subject to any sanctions list maintained by the United Nations, the European Union, the United Kingdom, the United States Office of Foreign Assets Control (OFAC), Switzerland or Liechtenstein;
- are not a resident of, citizen of, or accessing the Services from a Restricted Jurisdiction (defined below);
- have not previously had a Growbit account terminated for breach of these Terms.
Restricted Jurisdictions include, without limitation, the Democratic People’s Republic of Korea, Iran, Syria, Cuba, the non-government-controlled areas of Ukraine, and any other country where the Services would be unlawful or where we have determined, in our sole discretion, not to make the Services available. We may add jurisdictions to this list at any time without prior notice.
You may not use the Services on behalf of any person who is not eligible to use them, and you may not circumvent any geographic, identity or eligibility restriction (e.g. through a VPN, proxy or misrepresentation). Doing so may result in immediate termination of your account and forfeiture of related fees.
4. Account Registration & Security
To use the Services you must create an account by providing your email, phone number, and a password, and completing identity verification (see Section 5). You agree to provide accurate, current and complete information and to keep that information up to date. You are responsible for all activity that takes place under your account, whether or not authorised by you.
You must:
- use a unique, strong password and protect it from unauthorised access;
- enable two-factor authentication (TOTP) as soon as your account is created;
- notify us immediately at security@growbit.one if you suspect any unauthorised access, loss or compromise of your credentials;
- not share your account, password, API token, recovery codes or session cookies with any third party.
We may, in our sole discretion, refuse to open an account, close an existing account, or refuse any transaction, without giving reasons, where required or permitted by applicable law.
5. KYC / AML & Compliance
As a regulated financial institution we are required to comply with applicable anti-money-laundering ("AML"), counter-terrorist-financing ("CFT") and know-your-customer ("KYC") laws and FMA guidance. Accordingly, you agree:
- to provide truthful and accurate identification documents, proof of address, source-of-funds and source-of-wealth information as we may reasonably request;
- to allow us to verify that information through third-party providers (including identity-verification, sanctions-screening and politically-exposed-person ("PEP") databases);
- to promptly update us when any provided information changes;
- that we may pause, delay or refuse a deposit, withdrawal or trade pending the result of compliance review;
- that we are required by law to report certain suspicious activity to the competent authorities and may not be able to inform you of any such report (a "no-tipping-off" obligation under applicable AML rules).
Withdrawals are unavailable until KYC is approved. Tier limits, additional documentation requirements and enhanced due diligence (EDD) requirements are disclosed inside your account and may change without prior notice based on our risk assessment.
6. The Services
6.1 Spot and margin trading
Spot trading allows you to exchange supported assets at the prevailing market price. Margin trading allows you to open positions larger than your account balance through leverage, subject to per-asset margin requirements and liquidation thresholds disclosed inside the platform. All margin positions are subject to automatic liquidation if the position loss reaches the disclosed liquidation level.
6.2 Staking & yield
Where we offer staking, savings or other yield-generating products, the applicable rate, lock-up period, minimum amount, payout schedule and termination conditions are disclosed at the time of subscription. Yield is not guaranteed unless expressly stated. Staked assets may be subject to network-level slashing or other protocol risks; we will pass through such losses to the staking participants in proportion to their stake.
6.3 AI Trading Bot
The AI Trading Bot is an optional automated strategy that may be activated by your account manager. You may pause it at any time. Past performance is not indicative of future results. Bot ticks are logged inside your account and are visible at any time. The Bot is not personalised investment advice; you remain responsible for the suitability of using the Bot for your circumstances.
6.4 Quotes, charts and market data
Quotes, charts and market data displayed on Growbit are provided for information purposes only and may be delayed. We do not warrant their accuracy or completeness, and they should not be relied upon as the sole basis for any trading decision.
7. Fees, Spreads & Pricing
Trading fees, spreads, financing charges (swap), withdrawal fees and any other charges applicable to your account are published inside the platform and may be updated from time to time. By placing an order you accept the fees and spreads in force at the time of execution. Where a fee is denominated in a currency different from your account currency, we apply our prevailing internal conversion rate, which includes a markup to the wholesale rate.
8. Deposits & Withdrawals
Deposits may be made in supported fiat currencies and supported crypto-assets through the methods listed inside the platform. Crypto-asset deposits are credited only after the relevant blockchain confirmations. We are not liable for losses caused by deposits sent to the wrong network or address, or for funds sent from third-party wallets that we cannot link to your account during compliance review.
Withdrawals are processed on a best-efforts basis during business hours. We may impose daily withdrawal limits, require additional verification, or delay or refuse withdrawals where required by law or where we suspect fraud, market manipulation or violation of these Terms. Client funds are held segregated from Alegra Capital’s own operational funds in accordance with FMA rules.
9. Risk Acknowledgement
Trading cryptocurrencies, leveraged derivatives and other instruments offered through Growbit carries a high level of risk and may not be suitable for all investors. You may lose some or all of the funds you deposit. You acknowledge that you have read and understood the separate Risk Disclosure and that you trade entirely at your own risk.
Growbit does not provide personalised investment, tax, accounting or legal advice. Any educational content, market commentary or model-portfolio information is general in nature. You are solely responsible for evaluating whether any transaction is appropriate for you and, where necessary, for obtaining independent professional advice.
10. Prohibited Conduct
You agree that you will not, and you will not permit anyone else to:
- use the Services in violation of any law or regulation, or in connection with any criminal activity, fraud, terrorism financing or money laundering;
- engage in market manipulation including wash trading, spoofing, layering, front-running, ramping or banging the close;
- attempt to gain unauthorised access to the Services, other users’ accounts, or our infrastructure, or attempt to interfere with the security or integrity of the Services;
- introduce viruses, worms, time-bombs, scrapers, bots or other malicious code;
- reverse-engineer, decompile, disassemble or extract source code from any part of the Services, except as expressly permitted by law;
- use the Services to provide investment advice, brokerage, custody or other regulated services to third parties without our prior written consent;
- impersonate any person or entity or misrepresent your affiliation with any person or entity;
- use the Services from a Restricted Jurisdiction or while on a sanctions list.
11. Intellectual Property
All right, title and interest in the Services, including the Growbit name and logo, software, design, documentation, content and trademarks, are and will remain the property of Alegra Capital (Lie) Ltd. and its licensors. We grant you a personal, limited, non-exclusive, non-transferable, revocable licence to access and use the Services for your individual, non-commercial use, subject to these Terms.
You retain ownership of content you submit to the Services (e.g. KYC documents, support messages) and grant us a worldwide, royalty-free licence to use it for the purpose of providing the Services and complying with our legal obligations.
12. Third-Party Services
The Services integrate or interoperate with services operated by third parties (e.g. blockchain networks, liquidity providers, payment processors, KYC vendors, charting providers, telephony, email and analytics services). We are not responsible for the availability, accuracy or content of any third-party service. Your use of any third-party service is subject to the terms and policies of that third party.
13. Suspension & Termination
We may at any time, with or without notice, suspend, restrict or terminate your access to the Services or any feature thereof if (a) we are required to do so by law, regulator or court order; (b) we reasonably believe you have breached these Terms; (c) we suspect fraudulent, manipulative or illegal activity in connection with your account; (d) you fail to complete or maintain KYC; or (e) we cease offering all or part of the Services. Upon termination you remain liable for outstanding obligations, and any provisions intended to survive termination shall do so.
14. Disclaimers
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE. WE DISCLAIM ALL WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, ACCURACY, RELIABILITY, AVAILABILITY AND QUIET ENJOYMENT.
15. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL ALEGRA CAPITAL (LIE) LTD., ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES OR AGENTS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, REVENUE, DATA, GOODWILL OR OTHER INTANGIBLE LOSSES ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR THE SERVICES, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. OUR AGGREGATE LIABILITY UNDER THESE TERMS SHALL NOT EXCEED THE GREATER OF (A) THE TOTAL FEES PAID BY YOU TO US IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR (B) USD 1,000.
Nothing in these Terms excludes or limits our liability for fraud, fraudulent misrepresentation, gross negligence, wilful misconduct, death or personal injury caused by our negligence, or any other liability that may not be excluded under applicable law.
16. Indemnification
You agree to indemnify and hold harmless Alegra Capital (Lie) Ltd., its affiliates and their respective officers, directors, employees and agents from and against any claims, liabilities, damages, losses, costs and expenses (including reasonable legal fees) arising out of or related to: (a) your breach of these Terms; (b) your violation of any law or third-party right; (c) your use or misuse of the Services; or (d) any tax obligation arising from your transactions on the platform.
17. Changes to These Terms
We may amend these Terms at any time. Material changes will be notified to you by email or in-product notification at least 14 days before they take effect. Non-material changes (e.g. clarifications, typographical corrections, regulatory references) take effect on the date posted. Your continued use of the Services after the effective date of any change constitutes your acceptance of the revised Terms.
18. Governing Law & Disputes
These Terms are governed by the laws of the Principality of Liechtenstein, without giving effect to any choice-of-law rules. Any dispute, controversy or claim arising out of or in connection with these Terms, including the existence, validity, interpretation, performance, breach or termination thereof, shall be finally settled by the competent courts of Vaduz, Liechtenstein. Where you are a consumer resident in the European Economic Area, you may also bring proceedings in the courts of your country of residence to the extent required by applicable consumer-protection laws.
19. Miscellaneous
- Entire agreement. These Terms, together with our Privacy Policy, Risk Disclosure and any in-product disclosures, constitute the entire agreement between you and Growbit.
- Assignment. You may not assign or transfer your rights or obligations under these Terms without our prior written consent. We may assign these Terms to an affiliate or in connection with a corporate transaction.
- Severability. If any provision is held to be invalid or unenforceable, the remaining provisions shall remain in full force.
- No waiver. Our failure to enforce any provision shall not constitute a waiver.
- Force majeure. We are not liable for any failure or delay caused by events beyond our reasonable control, including acts of God, government action, war, terrorism, blockchain forks, exchange outages, denial-of-service attacks and major internet outages.
- Language. The English version of these Terms is controlling. Translations are provided for convenience only.
20. Contact
For all general enquiries write to support@growbit.one. For legal notices write to legal@growbit.one. Postal address: Alegra Capital (Lie) Ltd., Vaduz, Principality of Liechtenstein.