Buftoad is a digital asset trading platform operated by and proprietary to Buftoad Technology S.R.L. (the Company), a Romania company. By accessing the Buftoad websites at https://buftoad.com/ or https://www.buftoadcn.net (the "Website"), accessing the Buftoad platform through mobile devices, API or other connectivity channels offered by the Company, signing up to Buftoad and/or opening an account or using Buftoad (including its Platform service, as defined below, or any other Buftoad service), you agree to be bound by these terms and conditions between you and the Company, including any revisions from time to time as may be published by Buftoad ("Terms"). You acknowledge and agree that it is your responsibility to review these Terms periodically and become aware of any modifications thereto (if any) that may be made by the Company from time to time. PLEASE READ THESE TERMS CAREFULLY and please do not visit, access, or use Buftoad, or sign up or open an account with Buftoad if you disagree with any of these Terms. By electronically assenting to these Terms, you (a) are indicating that you have read and understand these Terms, and agree to be legally bound by such Terms and (b) represent and warrant that you have the authority to act on behalf of yourself and any entity or individual you represent. Please also note that there may be specific terms or conditions applicable to you as a user in a given jurisdiction, as detailed herein. Use of the words "we," "us," or "our" in these Terms refers to the Company and any or all of its affiliates.

1. SERVICES

1.1 Buftoad (BUF)

The Company operates a digital asset trading platform (“Platform”) that facilitates the buying and selling of Digital Assets (as defined herein) by the Platform user (“User”) and other ancillary services, including but not limited to, cash /spot trading, leveraged trading, Staking Services, and Copy Trading Service subscriptions. You may use your Buftoad account to place orders (each, an "Order") to buy, hold and/or sell Digital Assets. When our Platform's matching engines match Orders, a trade (each, a "Trade") occurs. Unmatched orders rest on the Platform’s order book (each, an "Order Book"). Each Trade (i) transfers ownership of Digital Assets between Users, (ii) is recorded on our internal ledger ("Exchange Ledger"), and (iii) is reflected through records held by us in each User's Digital Asset Account (which shall be final and conclusive except in the unforeseeable events such as malicious attacks and/or system-related issues where the Company needs to review all the records and ascertain the actions required). All Platform trading activity is "off-chain" and not broadcast to a given blockchain.

1.2 LEGALLY BINDING AGREEMENT

You acknowledge that these Terms govern your use of Buftoad and the other Platform services we provide and agree to be legally bound by all terms and conditions set forth in the Terms.. By clicking "I AGREE," during the account sign-up and opening process, you acknowledge and agree to be legally bound by the Terms and confirm that you have received the disclosures set forth herein. In addition, you represent and warrant that you have the authority to act on behalf of yourself and any entity or individual you represent. If you do not agree to be legally bound by these Terms, do not click "I AGREE" and please do not visit, access, or use Buftoad in any capacity or manner. Whether or not you click "I AGREE," if you sign up for an account and use Buftoad in any capacity or manner, you agree, by virtue of any such action, to be legally bound by these Terms, as amended from time to time, in their entirety.

1.3 USING OUR SERVICES

By signing up to Buftoad and opening an account, you have affirmed that you are at least 18 years old, have the legal capacity to enter into these Terms, and agree to be legally bound by these Terms in their entirety.

In the event of a revision to these Terms, transactions that you have already undertaken, and benefits, such as trading fee discounts and rebates that you have earned, could be affected by the revisions to these Terms. You should, therefore, read these Terms from time to time, and understand that your continued acceptance of these Terms (as revised from time to time) is a condition of logging into Buftoad and/or using the Platform services. If you do not agree to be legally bound by these Terms, as amended from time to time, you should not log into your Buftoad account or use the services offered on the Platform. Should you disagree with these Terms (including any changes or amendments), please close your account immediately.

Prior to using Buftoad, you must first successfully provide the required identification information pursuant to our Compliance Program, which would necessarily include anti-money laundering ("AML") and counter-terrorism financing ("CTF") reviews ("Compliance Program").

Our Platform services are not offered to residents of Singapore or any entities or persons who have their registered office or place of residence in China (Mainland), the United States of America and five U.S. permanently inhabited territories - Puerto Rico, the U.S. Virgin Islands, Guam and the Northern Mariana Islands in the North Pacific Ocean, and American Samoa in the South Pacific Ocean, or any national, citizen, permanent resident of the country or region where digital asset trading is banned by the country's own regulation, or a national, citizen, permanent resident of the country or region designated by the Company as prohibited in Section 3.5 SANCTIONS PROGRAMS herein, including the following countries or regions, which may be updated from time to time: Algeria, Bangladesh, Bolivia, Belarus, Burundi, Burma, Cote D'Ivoire (Ivory Coast), Crimea and Sevastopol, Cuba, Democratic Republic of Congo, Ecuador, Iran, Iraq, Lebanon, Libya, Liberia, Mali, Morocco, North Korea, Nepal, Somalia, Sudan, Syria, Venezuela, Yemen, and Zimbabwe.

2.1 ACCOUNT OPENING

Buftoad Technology S.R.L. ("Buftoad" or "the Company") requires individuals or institutions to complete and submit all requested documentation in accordance with its Compliance Program before opening a Buftoad user account ("Buftoad Account"). By opening a Buftoad Account on behalf of an entity or institution, you represent and warrant that you are a beneficial owner and/or designated representative of said entity or institution and are authorized to open such account(s) on its behalf.

2.2 ACCOUNT TYPES

To access Buftoad and its Platform services, users must register and open a Buftoad Account. Each Buftoad Account may consist of one or more Digital Asset account(s) ("Digital Asset Account") reflecting its Digital Asset balance. Access to a Buftoad Account is restricted solely to the individual or institution that successfully registered and opened it, and users are prohibited from allowing any other individual or institution to access or use their Buftoad Account.

2.3 ACCOUNT ACCESS

Users are only permitted to access their Buftoad Account using their user account login credentials and other required forms of authentication. Buftoad may implement multi-factor authentication for account access and/or certain operations to enhance security. Users are responsible for maintaining the confidentiality and security of their Buftoad Account login credentials and other required forms of authentication. Buftoad is not liable for any unauthorized use of a user's Buftoad Account, and users must promptly report any unauthorized or suspicious activity.

2.4 ACCOUNT HISTORY

A historical record of transactions on the Platform ("Account History") is available on Buftoad, providing information about trading activity. However, users should not consider their Account History as a valuation of their account. Users are responsible for reviewing their Account History and any notices provided by Buftoad. Any transaction listed in the Account History or other communications, including Orders, Trades, or receipts sent via email, is deemed authorized, correct, approved, and confirmed by the user unless notified otherwise within a specified timeframe.

2.5 ACCOUNT COMMUNICATION

Buftoad communicates with users primarily via email, using the email address associated with the Buftoad Account. Users must keep their email address up-to-date and promptly notify Buftoad of any changes. Communication delivered to the email address on record is considered valid and acknowledged as authorized by the user unless notified otherwise within a specified timeframe. Failure to receive email communications may result in account access being blocked until a valid email address is provided.

2.6 ACCOUNT SUSPENSION

Buftoad reserves the right, at its sole discretion, to immediately suspend users' accounts and freeze/lock Digital Assets if there is suspicion of violation of Applicable Laws or Regulations, these Terms, Marketplace Conduct Rules, or the Compliance Program. Account suspension may also occur if required by regulatory authorities, pending litigation or investigations, negative balance, reconciliation needs, unauthorized access attempts, unusual activity, or prolonged account inactivity.

2.7 ACCOUNT INVESTIGATIONS

Buftoad may conduct investigations into user accounts suspected of breaching these Terms or regulatory requirements. Users are obligated to cooperate with investigations, providing requested information and documentation promptly. Failure to comply may result in account termination. Following an investigation, Buftoad will make a determination based on the evidence, and if a breach is confirmed, appropriate actions will be taken.

2.8 ACCOUNT CLOSURE

Users may close their accounts at any time, but closure does not affect rights and obligations incurred prior to closure. Users must cancel or complete all open orders and provide transfer instructions for remaining Digital Assets. Users are responsible for associated fees and expenses related to account closure, including reimbursing Buftoad if closure costs exceed the account value. Accounts may not be closed to avoid fees or compliance examinations.

2.9 CONFIDENTIALITY

Information within Buftoad Accounts is confidential and intended solely for the user. Users agree not to disclose this information without prior written consent from Buftoad. Buftoad may share user information with third-party service providers, regulatory authorities, and in response to legal orders, as outlined in its Privacy Policy.

2.10 RIGHT OF SET OFF

Buftoad reserves the right to set off negative balances in Digital Asset Accounts against other Digital Assets in the same account. Additionally, debts or obligations owed to Buftoad may be set off against Digital Asset balances. Users acknowledge and agree to these set off rights.

2.11 ACCOUNT REMEDIES FOR BREACH

If a user's account is determined to have breached these Terms, Buftoad may debit trading fee discounts or rebates received by the user, as well as any damages suffered by Buftoad. Collusion with other users to breach Terms may result in joint liability for damages. Debited amounts will be deducted from the respective Digital Asset Account(s).

2.12 ACCOUNT TERMINATION

Buftoad reserves the right to terminate accounts at its discretion, with or without cause. Upon termination, Buftoad will return Digital Assets to users, minus any entitled trading fee discounts, rebates, or damages. Users failing to provide withdrawal instructions within a specified timeframe may have remaining Digital Assets sold on the open market, with proceeds returned to a designated bank account or Digital Asset address.

3. COMPLIANCE WITH LAW

Buftoad and its affiliates, third-party service providers, and related parties ("AscendEX Service Providers") may comply with legal processes affecting Digital Assets in user accounts, including court orders and subpoenas. Users agree to indemnify Buftoad and AscendEX Service Providers for associated costs and damages resulting from such compliance. Buftoad's Compliance Program aims to prevent money laundering and terrorist financing activities, with procedures for customer due diligence, monitoring, reporting, and employee training.

These terms outline the requirements, responsibilities, and rights associated with opening and managing a Buftoad user account, emphasizing compliance with laws and regulations, security measures, and account handling procedures.

4.4 MARKET VOLATILITY

Particularly during periods of high volume, illiquidity, fast movement, or volatility in the marketplace for any Digital Assets, the actual market rate at which a market order or trade is executed may be different from the prevailing rate indicated via the Platform at the time of your order or trade. You acknowledge and agree that we are not liable for any such price fluctuations.

In the event of a market disruption or Force Majeure event, the Company may, at its sole discretion and without prior notice (i) suspend access to the Platform services, (ii) prevent you from completing any actions via the Platform, including closing any open positions, or (iii) halt trading on the Platform due to market disruption or other relevant external unforeseeable events. As such, Buftoad shall not be liable for any claimed losses or loss of profits resulting from any action taken by the Company with respect to such market disruption or Force Majeure event.

Following any such event, when trading resumes, you acknowledge and agree that prevailing market rates may differ significantly from the rates available prior to such event.

4.5 FAILURES, ERRORS OR DISRUPTIONS

Any system may fail at one time or another, often by reason of forces beyond human control, and this includes the services provided via the Platform. Failures, errors, or disruptions, including cybersecurity-related incidents, may occur on Buftoad during any stage of the provision of services on the Platform, including without limitation order entry, order matching, trading process, or confirmation process. If any such failures, errors, or disruptions occur, we will review any orders and trades from such a period. We reserve the right to cancel any order and/or reverse any Trade, in whole or in part, in the event of an error or disruption. Absent extraordinary circumstances, any action taken by us will be taken as soon as practicable and within three business days of the detection of any system failure, erroneous order, erroneous trade, disruption, or malfunction. Buftoad shall not be liable for any failures, errors, or disruptions, whether arising in connection with system or network failures or otherwise, and if you require the highest level of reliability, you agree to maintain secondary trading facilities with other service providers or exchanges.

4.6 REVERSALS; CANCELLATIONS

You cannot cancel, reverse, or change any transaction marked as "complete", "under review" or "pending" (or other words to similar effect). If your payment is not successful or if your payment method has insufficient Digital Assets, you authorize the Company, in its sole discretion, either to cancel the transaction or to debit your Digital Asset Account or Related Account, in any amount necessary to complete the transaction. You are responsible for maintaining an adequate balance and/or sufficient credit limits in order to avoid overdraft, insufficient Digital Assets, or similar fees. We reserve the right to refuse to process or to cancel or reverse any exchange, purchase, or sale of Digital Assets in our sole discretion, even after it has been marked as "complete" (or other words to similar effect), if we suspect the transaction involves (or has a high risk of involvement in) (a) money laundering, terrorist financing, fraud, or any other type of financial crime; (b) in response to a subpoena, court order, or other government order; (c) if we reasonably suspect that the transaction is erroneous; or (d) if we suspect the transaction relates to prohibited use (as described in these Terms). In such instances, we will reverse the transaction, and we are under no obligation to allow you to reinstate an exchange, purchase, or sale order at the same price or on the same terms as the canceled transaction.

4.7 INTERNET TRANSMISSION RISKS

You acknowledge that there are risks associated with utilizing an internet-based trading system such as the Platform, including, but not limited to, the failure of hardware, software, and internet connections or the risk of cybersecurity incidents. You acknowledge and agree that the Company shall not be responsible for any communication failures, disruptions, errors, distortions, or delays you may experience when trading via the Platform, howsoever caused.

4.8 TRANSACTION LIMITS

The use of all services on Buftoad is subject to a limit on the amount of trading volume, calculated in fiat currency and/or Digital Assets, you may transact or transfer in a given period (e.g. daily). Your transaction limits may vary depending on the verification steps you have completed and other factors as may be prescribed by us. We reserve the right to change applicable limits as we deem necessary in our sole discretion. If you wish to raise your limits beyond the posted amounts, you must submit a request at support@buftoad.com . We may require you to submit additional information about yourself or your business, provide records, and arrange for meetings with our staff (such process, "Enhanced Due Diligence"). We reserve the right to charge you fees and expenses associated with conducting the Enhanced Due Diligence. In our sole discretion, we may refuse to raise your limits, or we may lower your limits at a subsequent time even if you have completed Enhanced Due Diligence.

4.9 TRADING/ TRANSACTION FEE SCHEDULE

Buftoad's trading fee schedule ("Trading Fee Schedule") will be made available on the Buftoad Platform with an update from time to time. Your acceptance of these Terms is considered to be your acceptance of our Trading Fee Schedule. We reserve the right to change, modify, and/or increase our fees with respect to the Trading Fee Schedule at any time. Any change to our Trading Fee Schedule will take effect immediately upon our notification of such change. You acknowledge and agree that by logging into your account and/or using Buftoad following any change to our Trading Fee Schedule, you are agreeing to our revised Trading Fee Schedule. You agree to pay all fees (including trading fees) associated with or incurred by your use of Buftoad. Users who have a dormant account, that is, an account that has not engaged in any trading activity for a period of twelve (12) consecutive months, will incur an inactivity fee of $10. If at any time a User’s account is subject to an inactivity fee but the account balance is less than the inactivity fee, Buftoad will reduce its fee to the amount of the remaining account balance bringing the balance to $0. No account balance will become negative as a result of the inactivity fee. A User who engages in trading activity after a 12-month dormancy will not be charged an inactivity fee until the account again becomes dormant.

4.10 TRANSFER FEE SCHEDULE

Buftoad's transfer fee schedule ("Transfer Fee Schedule") will be made available on the Buftoad Platform from time to time. Your acceptance of these Terms is considered to be your acceptance of our Transfer Fee Schedule. We reserve the right to change, modify, and/or increase our fees with respect to the Transfer Fee Schedule at any time. Any change to our Transfer Fee Schedule will take effect immediately upon our notification of such change. You acknowledge and agree that by logging into your account and/or using Buftoad following any change to our Transfer Fee Schedule, you are agreeing to our revised Transfer Fee Schedule. You agree to pay all fees (including transfer fees) associated with or incurred by your use of Buftoad.

Here's the text with "AscendEX" replaced by "Buftoad":

4.11 MANIFESTLY INCORRECT TRANSACTION POLICY

We consider a transaction to be manifestly incorrect or clearly erroneous when its price is substantially inconsistent with the prevailing market price (based on information from https://coinmarketcap.com or such other similar website) at the time of execution ("Manifestly Incorrect Transaction"). In making determination, we take into account the circumstances at the time of the transaction, the preservation of the integrity of the market, and the maintenance of a fair and orderly marketplace. You are responsible for ensuring that the appropriate price and Order type is entered into Buftoad. A simple assertion by you that a mistake was made in entering an Order, or that you failed to pay attention to or update an Order, will not be sufficient to establish it as a Manifestly Incorrect Transaction.

You acknowledge and agree that if we determine a transaction to be a Manifestly Incorrect Transaction, we may declare it null and void, in whole or in part, even if you and/or the other party do not agree to cancel or modify it. In determining whether a transaction is a Manifestly Incorrect Transaction, we may consider (without limitation) (i) suspicious trading activity (as determined by the Company), (ii) violations of our Marketplace Conduct Rules, (iii) any obvious error in any term, including, but not limited to, price, amount of Digital Assets, or other unit of trading, (iv) occurrence of any disruption or malfunction in the operation of any trading system or component of the Platform, Buftoad, a Buftoad Service Provider, or a Digital Asset network ("Digital Asset Network"), or (v) if there was extraordinary market conditions or other circumstances in which the nullification or modification of transactions may be necessary for the maintenance of a fair and orderly market.

Absent extraordinary circumstances, the Company will decide and take any action pursuant to this Manifestly Incorrect Transaction Policy within one business day of a transaction. In the event an extraordinary circumstance exists, the Company will decide and take any action pursuant to this Manifestly Incorrect Transaction Policy within seven business days of a transaction.

4.12 MARKETPLACE CONTROLS

In an effort to foster a fair and orderly market, we have put in place marketplace controls as we may prescribe from time to time in accordance with our internal policies ("Marketplace Controls"), including without limitation automatic cancellation of any order, or the remaining portion of any order, on a continuous order book that would move the market price substantially (i.e. more than 10%) in either direction as compared to the prior prevailing market price, or prohibitions from crossing with yourself on a continuous order book. Your acceptance of these Terms is considered to be your acceptance of our Marketplace Controls. We reserve the right to change or modify our Marketplace Controls at any time, and any changes will take effect immediately upon our notification of such change. You acknowledge and agree that by logging into your account and/or using Buftoad following any change to our Marketplace Controls, you are agreeing to our revised Marketplace Controls.

4.13 MARKETPLACE CONDUCT RULES

You acknowledge and agree to abide by the marketplace standards of conduct rules ("Marketplace Conduct Rules") enforced by the Company, which are designed to prevent the use of Buftoad for disruptive or manipulative conduct or deceptive practices, including, but not limited to, disruptive trading and price manipulation. We take our Marketplace Conduct Rules very seriously and it is our policy to take all the necessary steps to prohibit manipulative conduct or deceptive practices. The following are strictly prohibited on Buftoad:

4.13.1 MARKET MANIPULATION

Any disruptive trading in or manipulation of the Buftoad marketplace whatsoever is strictly prohibited by the Company. Orders placed on Buftoad for the purpose of generating unnecessary volatility or creating a condition in which prices do not or will not reflect fair market values are prohibited. If you or any Related Party make or assist in placing any such Order or in any way assist, directly or indirectly, in carrying out any plan or scheme for the placing of any such Order for the purposes of generating unnecessary volatility or effecting market prices, you and any Related Party will be deemed to have engaged in an act detrimental to Buftoad. Based upon the severity of the market manipulation, there will be fine of up to two (2) million USDT.

4.13.2 FRAUDULENT ACTS

Neither you nor any Related Party shall engage or attempt to engage in any fraudulent act or engage or attempt to engage in any scheme to defraud, deceive or mislead, in connection with or related to any Order or Trade or any other activity related to Buftoad or the Platform services.

4.13.3 VIOLATION OF APPLICABLE LAWS AND REGULATIONS

Neither you nor any Related Party shall engage in conduct that is in violation of any Applicable Laws and Regulations.

4.13.4 MISSTATEMENTS

It is a violation of these Terms to make any misstatement of a material fact to Buftoad, its board of managers, any committee thereof, or any director, officer, manager, or employee of Buftoad, including, but not limited to a misstatement of material fact during the account opening or Enhanced Due Diligence processes.

4.13.5 PRE-ARRANGED TRADES

Neither you nor any Related Party shall place any Order on Buftoad which has been pre- arranged (or discussed with another market participant prior to being placed on Buftoad) for the purpose of creating an artificial price, fictitious Trade, or other disruptive, fraudulent, non- competitive, or unfair impact on the Buftoad marketplace.

4.13.6 SIMULTANEOUS BUY AND SELL ORDERS

Neither you nor any Related Party shall place simultaneous buy and sell Orders that could potentially execute against each other. In addition, it is a violation of these Terms to take advantage of the Buftoad self-match prevention mechanism in a way that has the effect of misleading the market.

4.13.7 WASH TRADES

Neither you nor any Related Party, through one or more accounts, shall place or accept buy and sell Orders at the same price, where you or any Related Party knows or reasonably should know that the purpose of the Orders is to avoid taking a bona fide market position exposed to market risk (transactions commonly known or referred to as wash trades). Buy and sell Orders from different accounts with common beneficial ownership and/or affiliation that are placed with the intent to (i) pass money or Digital Assets between accounts (ii) negate market risk or price competition, or (iii) achieve a favourable Trading Fee Schedule and the resulting benefits, shall also be deemed to violate our prohibition on wash trades. Additionally, neither you nor any Related Party shall knowingly execute or accommodate the execution of such Orders by direct or indirect means.

4.13.8 ACCOMMODATION TRADING

Neither you nor any Related Party shall enter into non-competitive transactions on Buftoad for the purpose of assisting another person to engage in transactions that are in violation of our Marketplace Conduct Rules or any Applicable Laws and Regulations.

4.13.9 FRONT-RUNNING

Neither you nor any Related Party shall take a position based upon non-public information regarding an impending transaction by another User.

4.13.10 DISRUPTIVE PRACTICES

Neither you nor any Related Party shall engage in any trading, practice, or conduct on Buftoad that is commonly known as "spoofing"

 (bidding or offering with the intent to cancel the bid or offer before execution). All Orders must be placed for the purpose of executing bona fide transactions. Additionally, all non-actionable messages must be placed in good faith for legitimate purposes, and you shall (without limitation) not place or cause to be placed (i) an Order with the intent, at the time of entry, to cancel the Order before execution or to modify the Order to avoid execution, (ii) an Order or actionable or non-actionable message or messages with the intent to mislead other market participants, (iii) an Order or actionable or non-actionable message or messages with the intent to overload, delay, or disrupt the systems of Buftoad or other market participants, or (iv) an Order or actionable or non-actionable message with the intent to disrupt, or with reckless disregard for the adverse impact on the orderly conduct of trading or the fair execution of transactions.

4.14 Leveraged Trading

You acknowledge and understand the increased risks associated with leveraged trading services, including margin trading and futures trading, offered on the Buftoad Platform, including but not limited to, the risk of major fluctuations of Digital Assets and the risk of exacerbated adverse outcome when leverage is used. The use of leverage can lead to greater losses as well as increased gains.

You acknowledge and agree that you have sufficient investment knowledge and experience and the capacity to take the increased risks arising from leveraged trading. You further agree to independently assume all the risks arising from conducting leveraged trading in your own account. Buftoad does not take responsibility for any losses or damage incurred as a result of your use of any leveraged trading services offered on the Platform or your failure to understand the risks associated with leveraged trading.

You agree and hereby authorize Buftoad to take reasonable measures in its sole discretion, including but not limited to, forced position reduction and liquidation under extreme market volatility and other circumstances, for the purposes of protecting the legitimate interests of all Users and the Company.

You agree to maintain in your Buftoad margin and/or futures account a sufficient amount of Digital Assets to meet any margin requirements imposed by Buftoad with respect to leveraged trading activities. Failure to maintain a sufficient amount of Digital Assets can result in the forced-liquidation of digital assets in your margin/futures account.

Under extreme market circumstances and volatility, the forced liquidation of digital assets in your margin and/or futures account can occur without any notification. If the net asset value of your account falls below maintenance margin requirements, the digital assets in your account will be subject to forced liquidation to cover the margin deficiency. You also will be responsible for any shortfall in the account after such a sale.

In the event where the market continues moving against the open leveraged positions, the distress positions in your User account can be taken over by transferring to either Backstop Liquidity Providers (“BLPs”) or Users with the top10 largest opposing positions through an auto-deleveraging process.

Buftoad reserves the right to amend, suspend or terminate any part of leveraged trading services at any time and without advance notice.

5. BUFTOAD SUPPLEMENTAL TERMS FOR CREDIT OR DEBIT CARD PURCHASES

These Supplemental Terms for Credit or Debit Card Purchases, in addition to our Terms of Service, govern your use of certain credit card and/or debit card purchases of Digital Assets on the Buftoad Platform. Capitalized terms not defined herein shall have the meaning given to them in the Terms of Service. In the event of a conflict between the Terms of Service and these Supplemental Terms with respect to credit card or debit card purchases, these Supplemental Terms will control.

If you do not agree to be bound by these Supplemental Terms, please do not use or access this service.

5.1 Use of credit cards and debit cards to purchase Digital Assets.

The Buftoad Platform allows unrestricted users in good standing who reside in eligible jurisdictions to utilize accepted credit cards and debit cards to purchase Digital Assets. We accept certain credit cards and debit cards for use in the purchase of Digital Assets. We have the right to determine which credit card and/or debit card providers to support, and we reserve the right to change which credit card and/or debit card providers we support at any time without notice.

In choosing to purchase Digital Assets with your credit card or debit card, you are buying such Digital Asset from Buftoad directly. In this capacity, Buftoad will be dealing as a principal on its own account and will not be acting as an intermediary or marketplace between other buyers and sellers of Digital Assets.

5.2 Requirements.

In order to utilize a credit card or debit card to purchase Digital Assets, your Buftoad account must be verified and you must reside in one of the supported countries. In addition, your debit card or credit card needs to support 3D Secure.

5.3 No Third-Party Payments.

You agree that only debit cards and/or credit cards which are issued to and/or registered in your name will be used to effect payments to Buftoad.

5.4 Purchase of Digital Assets with a credit card or debit card.

A purchase of Digital Assets using a credit card or debit card generally will initiate on the business day we receive your instructions. Buftoad will make reasonable efforts to ensure that requests for credit card and debit card purchases are processed in a timely manner. However, Buftoad makes no representations or warranties regarding the amount of time needed to complete processing which is dependent upon many factors outside of our control.

Purchased Digital Assets will be deposited in your Wallet upon the completion of the transaction processing. The purchased Digital Assets can be immediately exchanged for other Digital Assets, as well as utilized in Buftoad’s Earn products.

5.5 Withdrawal hold / Security Precautions.

As a security precaution, withdrawals in any currency, or transfers of Digital Assets to external wallets, of up to 125% of your debit card or credit card purchase will be locked for seven (7) days following your purchase of the Digital Assets.

You agree and understand that we reserve the right to implement additional security precautions in our sole discretion and without notice. This may include, but is not limited to, increasing and/or decreasing credit card and debit card purchase limits, as well as limiting the number of transactions allowed per day.

5.6 No Chargebacks.

If you use a credit card or a debit card to purchase Digital Assets, you agree that you will not exercise the right to claim funds back (a “Chargeback”) other than for unauthorized use of the credit card and/or debit card which would result in you having a right to a refund of the purchase amount. Otherwise, you may not Chargeback any purchase or allow Chargeback of any purchase for reasons for which we are not responsible including (but not limited to) insufficient balance on the debit card account.

5.7 Fees and Third-Party Fees.

Depending on your card issuer’s policy, they may charge additional fees for credit card and/or debit card purchases. Bank charges for credit card and debit card payments or international transaction fees are independent from any fee Buftoad may charge are outside of our control. You shall be responsible for any fees charged by your bank or credit card issuer(s) (including but not limited to any international transaction fees, cash advance fees and transfer to overseas service charges) relating to the purchase of Digital Assets with your credit or debit card. Some banks or credit card issuers may treat the purchasing of Digital Assets with credit card as cash advance which may incur a high fee or interest

 rate. If you are in doubt, please check with your bank or card issuer prior purchasing any Digital Assets.

You acknowledge and agree that Buftoad shall not be liable for any of your losses (including but not limited to direct or indirect losses, incidental, consequential, special, punitive, or liquidated damages).

6. Other Products and Services

6.1 Copy Trading Service

The Copy Trading Service allows the User to subscribe to a selected trader’s activities, follow and copy the selected trader’s trading strategies, and view selected trader’s history, rankings, risk profile and other information relating to the trader’s performance.

You acknowledge and agree that should you subscribe to the Copy Trading Service, you are solely responsible for your own investment research and financial decisions, and determining whether any trades or trading strategies are appropriate or suitable for you based on your own objectives and personal and financial situation. Use of the Copy Trading Service should not be construed as receiving financial or investment advice.

By subscribing to the Copy Trading Service, you acknowledge that you understand all aspects of the risks associated with the copied account and the copied trader’s trading objectives. You are solely responsible for reliance on any advice or information from third-party providers. You acknowledge and agree that your use of the Copy Trading Service is highly risky and that you could sustain significant losses. Additionally, you agree to use the Copy Trading Services at your own risk and that the Platform will not be liable to you for any losses that you may sustain as a result of your use of the Copy Trading Service.

By subscribing to the Copy Trading service, you authorize the Platform to execute any and all trades and/or positions undertaken by the trader, account, portfolio and/or strategy that you choose to follow and copy using the Copy Trading Service. All trades are done automatically once initiated by you. You understand and agree that the automated trading execution pursuant to Copy Trading Service means trades are opened and closed in your account without your manual intervention

You acknowledge and agree that you are at all times, solely responsible for assessing, selecting, and monitoring: (i) the suitability of the copied traders / their trading strategies; and (ii) the overall performance of the copied trader, account, portfolio and/or strategy.

You further acknowledge and agree that if you place additional trades in your account or you modify or cancel an order generated by the Copy Trading Service, you may achieve a materially different result than the result achieved by the trader that you have chosen to copy. Should a copied trader cash-out and withdraw, you may also generate a materially different result than the trader, account, portfolio and/or strategy that you have chosen to copy as it may affect the Copy Trading Service proportions.

You acknowledge and agree that the Platform reserves the right to amend, pause and to stop any Copy Trading Service, including but not limited to any trader, account, portfolio and/or trading strategy, at its sole and absolute discretion.

You agree to pay the required subscription fee that is set by the Trader for the use of Copy Trading Service. The fee subscription fee will be deducted from your account on a monthly basis.

Please refer to COPY TRADING TRADER SERVICE AGREEMENT for complete information.