Terms & Conditions of Use

Version 5.1 | Last Updated: May 13, 2025
Effective Date: May 13, 2025

1. Introduction and Acceptance

1.1 Welcome to Lucid Algorithms ("Company," "we," "our," "us"). These Terms and Conditions ("Terms") constitute a legally binding agreement between you ("User," "you," "your") and Lucid Algorithms governing your access to and use of our website, mobile applications, trading platform, and related services (collectively, the "Platform").

1.2 BY REGISTERING FOR AN ACCOUNT, ACCESSING OUR PLATFORM, OR USING ANY OF OUR SERVICES, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE TO THESE TERMS, YOU MUST NOT CREATE AN ACCOUNT OR USE OUR PLATFORM.

1.3 These Terms constitute the entire agreement between you and Lucid Algorithms and supersede all prior agreements, understandings, or representations, whether written or oral.

1.4 You affirm that you are of legal age (at least 18 years old) and possess the legal capacity to enter into this binding agreement. You further affirm that you are not located in a jurisdiction where accessing or using the Platform is prohibited by law.

1.5 We reserve the right to modify, update, or change these Terms at any time without prior individual notice. The most current version of these Terms will be posted on the Platform. Your continued use of the Platform after any changes constitutes your acceptance of the revised Terms.

1.6 It is your sole responsibility to review these Terms periodically. You can identify when these Terms were last updated by the "Last Updated" date at the top of these Terms.

2. Definitions

2.1 "Account" means your registered user account on the Lucid Algorithms Platform.

2.2 "AI Trading" refers to automated trading decisions generated by our artificial intelligence algorithms.

2.3 "Balance" means the total funds available in your Account for trading or withdrawal.

2.4 "Demo Account" means a simulated trading environment using virtual funds for practice and testing purposes only. Demo Account funds have no real monetary value.

2.5 "Real Account" means your actual trading account funded with real money.

2.6 "Trade" means a buy or sell position opened through our Platform.

2.7 "Investment" means the amount of funds you allocate to a specific trade.

2.8 "Profit" means the positive return generated from a successful trade, capped at 88% of your investment amount unless otherwise specified by promotional terms.

2.9 "Loss" means the negative return from an unsuccessful trade, which may be limited by the Company's loss protection policies.

2.10 "Withdrawal" means the process of transferring funds from your Real Account to an external wallet.

2.11 "Deposit" means the process of adding funds to your Real Account.

2.12 "USDT" refers to Tether, a stablecoin pegged to the US Dollar.

2.13 "Passkey" means your unique AI trading authorization code provided by administrators.

2.14 "Platform" means the entire Lucid Algorithms trading ecosystem including website, mobile applications, APIs, and related services.

2.15 "Services" means all trading, analytical, and support services provided by the Company.

2.16 "Company IP" means all intellectual property owned by or licensed to Lucid Algorithms.

3. Eligibility and Account Registration

3.1 To register for an Account, you must satisfy all of the following conditions:

  • Be at least 18 years of age or the legal age of majority in your jurisdiction
  • Have full legal capacity to enter into binding contracts
  • Not be located in a jurisdiction where trading digital assets is prohibited by law
  • Not be listed on any sanctions list or restricted party list maintained by the United Nations, United States, European Union, United Kingdom, or any other applicable regulatory body
  • Provide accurate, complete, and truthful information during registration
  • Maintain the confidentiality of your Account credentials
  • Not have had a previous Account terminated by the Company for cause
  • Not be using the Platform on behalf of any third party without express written authorization

3.2 You agree to provide current, complete, and accurate information during the registration process and to update such information as necessary to keep it current, complete, and accurate. Failure to do so constitutes a material breach of these Terms.

3.3 You are solely responsible for maintaining the confidentiality of your password and Account information. You agree to immediately notify us of any unauthorized use of your Account or any other breach of security.

3.4 We reserve the right to refuse registration, suspend, or terminate any Account at our sole discretion, without prior notice or liability, for any reason or no reason.

3.5 Each natural person or legal entity is permitted to maintain only one Account. Creating multiple accounts is strictly prohibited and may result in all associated accounts being terminated and funds forfeited.

3.6 You acknowledge that we may perform verification checks to confirm your identity and compliance with these Terms. You agree to cooperate with any such verification requests.

3.7 You represent and warrant that all information provided to the Company is accurate and not misleading. The Company reserves the right to pursue legal action against any user who provides false or misleading information.

4. Investment and Trading Terms

4.1 Minimum Investment Amounts:

  • AI Trading Minimum (Real Account): $115 USD per trade
  • AI Trading Minimum (Demo Account): $80 USD per trade
  • Minimum Deposit: $80 USD
  • Minimum Withdrawal: $50 USD

4.2 Profit Structure: When a trade is successful, you will receive a profit determined by the following rules:

  • Standard trades: 88% of your invested amount
  • Trades of $500 or more with duration of 1 hour or more: 200% (2x) of your invested amount
  • Trades of $2,000 or more with duration of 1 hour or more: 300% (3x) of your invested amount

4.3 Loss Structure: When a trade is unsuccessful, the following loss rules apply:

  • Standard trades: $0 loss (full investment returned)
  • High-value trades ($500+ with 1h+ duration): Guaranteed win, no loss possible
  • High-value trades ($2,000+ with 1h+ duration): Guaranteed win, no loss possible

4.4 Trade Duration: Trades have predetermined durations that you select before execution. Available durations include: 3 minutes, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day, and 1 week. Trades will ONLY complete when the full duration time has elapsed.

4.5 Trade Completion: Upon trade completion, your original investment plus any profit (or minus any loss) will be automatically returned to your Account balance.

4.6 Early Termination: If you choose to stop a trade early, the Company reserves the right to apply a loss of up to 100% of the invested amount, as determined by market conditions at the time of early termination.

4.7 No Guaranteed Returns: THE COMPANY DOES NOT AND CANNOT GUARANTEE ANY PROFITS OR RETURNS. Trading results are uncertain and depend on market conditions, which are beyond the Company's control. Past performance does not predict future results.

4.8 Company's Right to Adjust Terms: The Company reserves the right to adjust profit and loss structures at any time, with reasonable notice provided to users. Continued use of the Platform after such adjustments constitutes acceptance.

5. AI Trading System

5.1 Lucid Algorithms provides an AI-powered trading system that uses machine learning algorithms to analyze market data and generate trading signals. THE AI SYSTEM IS PROVIDED "AS IS" WITHOUT ANY WARRANTIES WHATSOEVER.

5.2 The AI system operates based on historical data, technical indicators, and market patterns. HOWEVER, NO AI SYSTEM CAN PREDICT FUTURE MARKET MOVEMENTS WITH CERTAINTY. The Company expressly disclaims any representation that the AI system will generate profitable trades.

5.3 AI trading decisions are generated automatically. You acknowledge and agree that the AI may make trading decisions that result in losses, and the Company shall not be liable for any such losses.

5.4 You must obtain a valid Passkey from an administrator to activate AI trading features. Passkeys are unique to each user and must be kept confidential. The Company is not responsible for any unauthorized use of your Passkey.

5.5 The AI system may experience downtime, errors, or bugs. The Company does not guarantee uninterrupted or error-free operation of the AI trading system. The Company shall not be liable for any losses resulting from system downtime or errors.

5.6 You understand and agree that the AI system is a tool to assist with trading decisions, but ultimate responsibility for all trades remains with you. You are solely responsible for all trades executed through your Account.

5.7 The Company reserves the right to modify, update, or discontinue the AI trading system at any time without prior notice. The Company shall not be liable for any losses resulting from such modifications or discontinuation.

5.8 The AI algorithms and trading systems are proprietary trade secrets of the Company. You agree not to reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code of any part of the AI system.

5.9 The Company does not warrant that the AI system will be compatible with all devices or operating systems. You are responsible for ensuring your device meets the minimum technical requirements.

6. Risk Disclosure Statement

6.1 TRADING IS HIGHLY RISKY: Trading digital assets, cryptocurrencies, forex, commodities, and indices involves substantial risk of loss. YOU MAY LOSE YOUR ENTIRE INVESTMENT. YOU SHOULD NEVER INVEST MONEY YOU CANNOT AFFORD TO LOSE.

6.2 Market Volatility: Digital asset markets are extremely volatile. Prices can fluctuate dramatically within short periods, resulting in rapid and substantial losses. The Company has no control over market movements.

6.3 No FDIC or SIPC Insurance: Funds held in your Account are NOT insured by the FDIC, SIPC, or any governmental agency. You bear full responsibility for your funds.

6.4 Technology Risks: Trading platforms may experience technical failures, including but not limited to: system crashes, connectivity issues, hacking attempts, cyber attacks, data breaches, and software bugs. The Company shall not be liable for any losses resulting from such technical failures.

6.5 Regulatory Risks: Cryptocurrency regulations vary by jurisdiction and may change rapidly. Such changes may impact your ability to trade or access funds. The Company may be required to freeze or seize funds in response to regulatory requirements.

6.6 Counterparty Risk: While the Company implements security measures, no system is completely secure. You acknowledge that funds held on the Platform could be lost due to security breaches, hacking, or theft. The Company's liability for such events is limited as set forth in Section 14.

6.7 Liquidity Risk: Certain assets may have limited liquidity, making it difficult to execute trades at desired prices. The Company may not be able to execute your trades during periods of low liquidity.

6.8 Leverage Risk: Using leverage amplifies both potential gains AND potential losses. You may lose more than your initial investment. The Company may liquidate your positions without notice to prevent further losses.

6.9 Psychological Risk: Trading can be emotionally stressful. You acknowledge that emotional decision-making may lead to poor trading outcomes. The Company recommends that you seek independent financial advice before trading.

6.10 YOU ASSUME ALL RISKS: By using our Platform, you acknowledge and accept ALL risks associated with trading. YOU AGREE THAT YOU ARE SOLELY RESPONSIBLE FOR ANY AND ALL LOSSES, AND THE COMPANY SHALL NOT BE LIABLE FOR ANY SUCH LOSSES.

6.11 Suitability: Trading is NOT suitable for all investors. You represent and warrant that you have sufficient financial resources to bear the risks of trading and that you have not been induced to trade by any representations of guaranteed profits.

7. Fees and Charges

7.1 Withdrawal Fee: A 9% fee applies to all withdrawal requests from Real Accounts. For example, a $100 withdrawal incurs a $9 fee, and you receive $91.

7.2 Withdrawal Payment Period: The 9% withdrawal fee must be paid within seventy-two (72) hours of submitting the withdrawal request. The fee is automatically deducted from the withdrawal amount at the time of request.

7.3 Late Payment Penalty: If the withdrawal fee payment is not processed within the 72-hour period for any reason (including insufficient balance, network delays, or technical issues), a late penalty of 25% of the total withdrawal amount will be applied for every two (2) days the fee remains unpaid. This penalty will be deducted from your Account balance or from the withdrawal amount. The penalty accrues every 48 hours until the fee is paid in full.

7.4 Fee Calculation Example: If you request a withdrawal of $100 and the 9% fee ($9) is not paid within 72 hours, a 25% penalty ($25) will be applied. After 2 days, your total deduction becomes $34 ($9 fee + $25 penalty), and you would receive $66. If unpaid for another 2 days, an additional 25% penalty ($25) applies, totaling $59 in deductions ($9 + $25 + $25), leaving you with $41.

7.5 Deposit Fee: There are no deposit fees charged by Lucid Algorithms. However, network fees (gas fees) may apply based on the blockchain network used. These network fees are beyond the Company's control.

7.6 Trading Fees: There are no separate trading commissions. The profit structure (88% cap, 2x, or 3x) incorporates all trading costs.

7.7 Inactivity Fee: Accounts inactive for more than 6 consecutive months may be subject to a monthly $5 inactivity fee, which will be deducted from your Account balance. You will receive notice before any inactivity fees are charged.

7.8 Fee Changes: The Company reserves the right to modify fees at any time with reasonable notice (minimum 14 days). Continued use of the Platform after fee changes constitutes acceptance. If you do not accept fee changes, you may close your Account.

7.9 Tax Responsibility: You are solely responsible for reporting and paying any taxes applicable to your trading activities, including the 9% withdrawal fee where applicable. The Company does not provide tax advice and shall not be liable for any tax obligations you may incur.

7.10 Chargeback Fees: If you initiate a chargeback or payment dispute, you agree to pay all costs incurred by the Company in responding to such dispute, including legal fees, investigation costs, and administrative fees.

7.11 Dormant Account Fees: Accounts that remain inactive for 12 months or more may be subject to additional administrative fees as determined by the Company in its sole discretion.

8. Deposits and Withdrawals

8.1 Deposits: All deposits must be made through the Company's approved payment providers. You may only deposit funds from accounts or wallets that you legally own. Deposits from third parties are strictly prohibited.

8.2 Deposit Confirmation: Deposits are credited to your Account only after confirmation by an administrator. This process may take up to 30 minutes. The Company shall not be liable for any delays in deposit processing.

8.3 Withdrawal Processing: Withdrawal requests are subject to a 72-hour pending period. During this period, the 9% withdrawal fee must be paid. After the 72-hour pending period, withdrawals are processed within 24-48 hours, provided all fees have been paid. The Company does not guarantee instant withdrawals.

8.4 Withdrawal Fee Payment: The 9% withdrawal fee is due within 72 hours of the withdrawal request. Failure to pay the fee within this period will result in late penalties as specified in Section 7.3.

8.5 Withdrawal Addresses: You must provide accurate wallet addresses. The Company is not responsible for funds sent to incorrect addresses. Once a withdrawal is processed, it cannot be reversed.

8.6 Withdrawal Limits: Maximum withdrawal per request is $10,000 USD. Multiple requests may be submitted. The Company reserves the right to impose additional limits based on account activity or risk assessment.

8.7 Verification Requirements: The Company may require identity verification before processing large withdrawals (over $2,000) or certain transactions. Failure to provide requested verification may result in withdrawal delays or denial.

8.8 Rejected Withdrawals: If a withdrawal is rejected for any reason, funds are returned to your Account balance. The Company shall not be liable for any losses resulting from rejected withdrawals.

8.9 Demo Account Withdrawals: Withdrawals are NOT available from Demo Accounts. Demo balances are virtual and have no real monetary value. Demo Accounts are for practice purposes only.

8.10 Source of Funds: You represent and warrant that all funds deposited into your Account come from legitimate sources and do not originate from any illegal activities, including money laundering or fraud.

8.11 Right to Refuse: The Company reserves the right to refuse any deposit or withdrawal request for any reason, including but not limited to suspected fraud, regulatory requirements, unpaid fees, or risk management.

8.12 Fee Deduction Authorization: By submitting a withdrawal request, you authorize the Company to deduct the 9% withdrawal fee and any applicable late penalties from your withdrawal amount or Account balance.

9. User Responsibilities

9.1 You are solely responsible for all trading decisions made through your Account, including AI-generated trades. The Company shall not be liable for any trading losses you incur.

9.2 You agree to maintain the security of your Account credentials and not share them with any third party. You are responsible for all activities that occur under your Account, whether authorized by you or not.

9.3 You are responsible for monitoring your Account activity and reporting any unauthorized transactions immediately. The Company shall not be liable for unauthorized transactions not reported within 48 hours.

9.4 You agree to comply with all applicable laws and regulations in your jurisdiction, including but not limited to tax laws, securities laws, and anti-money laundering laws.

9.5 You are responsible for understanding the tax implications of your trading activities and for reporting all trading income to the relevant tax authorities.

9.6 You agree to provide accurate information and update it promptly when changes occur. The Company may suspend your Account if information is found to be inaccurate or outdated.

9.7 You are responsible for maintaining adequate internet connectivity and device functionality. The Company shall not be liable for losses resulting from connectivity issues or device failures.

9.8 You acknowledge that you have read, understood, and accepted all risks associated with trading as set forth in these Terms.

9.9 You agree not to use the Platform in any manner that could damage, disable, overburden, or impair the Platform or interfere with any other party's use of the Platform.

9.10 You agree to immediately notify the Company of any changes to your personal information, including email address, phone number, or wallet addresses.

10. Prohibited Activities

The following activities are strictly prohibited. Violation of these prohibitions may result in immediate Account termination, forfeiture of funds, civil liability, and criminal prosecution:

  • Money Laundering: Using the Platform for any money laundering activities
  • Fraud: Any form of fraudulent activity, including identity theft, payment fraud, account takeover
  • Market Manipulation: Attempting to manipulate prices, trading volumes, or the AI system
  • Multiple Accounts: Creating or operating multiple user accounts without the Company's express written permission
  • Automated Scripts: Using bots, crawlers, scrapers, or automated scripts not expressly authorized by the Company
  • Abuse and Harassment: Harassing, threatening, abusing, or intimidating Company staff or other users
  • Hacking and Security Breaches: Attempting to hack, breach, or circumvent Platform security measures
  • Reverse Engineering: Reverse engineering, decompiling, or disassembling any part of the Platform
  • Unauthorized Access: Accessing other users' accounts without permission
  • Illegal Content: Posting, transmitting, or making available illegal, obscene, or offensive content
  • Chargeback Fraud: Initiating fraudulent chargebacks or payment disputes
  • Sanctions Violations: Using the Platform from sanctioned jurisdictions or on behalf of sanctioned persons
  • Circumvention: Attempting to circumvent any of the Company's policies or security measures
  • Intellectual Property Infringement: Using the Company's intellectual property without authorization
  • Data Mining: Extracting data from the Platform for commercial purposes without authorization

11. Intellectual Property

11.1 All content on the Platform, including but not limited to text, graphics, logos, icons, images, audio clips, video clips, data compilations, software, algorithms, and source code, is the exclusive property of Lucid Algorithms or its content suppliers and is protected by international copyright, trademark, patent, and trade secret laws.

11.2 The Lucid Algorithms name, logo, and all related names, logos, product and service names, designs, and slogans are trademarks of Lucid Algorithms. You may not use these marks without the Company's prior written permission.

11.3 You may not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any of the Company's intellectual property without the Company's prior written consent.

11.4 The AI algorithms, trading systems, and related software are proprietary trade secrets of the Company. You agree not to reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code of any part of the Company's technology.

11.5 You retain ownership of your data, but you grant the Company a perpetual, irrevocable, worldwide, royalty-free license to use, analyze, and aggregate your data for the purpose of improving the Platform and developing new services.

11.6 Any feedback, suggestions, or ideas you provide to the Company regarding the Platform become the exclusive property of the Company, and you waive any rights to compensation or attribution.

11.7 The Company respects intellectual property rights and expects users to do the same. If you believe your intellectual property has been infringed, please contact the Company with detailed information.

12. Privacy and Data Protection

12.1 The Company collects and processes personal information as described in the Privacy Policy, which is incorporated into these Terms by reference. By accepting these Terms, you consent to the Company's collection, use, and disclosure of your personal information as described in the Privacy Policy.

12.2 The Company implements reasonable security measures to protect your data, including encryption, access controls, and monitoring. HOWEVER, NO SECURITY MEASURES ARE PERFECT OR IMPENETRABLE. The Company does not guarantee that your data will be secure from unauthorized access.

12.3 The Company may share your information with third-party service providers as necessary to operate the Platform, including payment processors, identity verification services, and hosting providers.

12.4 The Company may disclose your information to comply with legal obligations, respond to lawful requests from public authorities, enforce the Company's rights, or protect the safety of the Company, users, or others.

12.5 You have the right to access, correct, or delete your personal information, subject to legal retention requirements. The Company may retain certain information as required by law or for legitimate business purposes.

12.6 The Company may transfer your information to countries other than your country of residence. By using the Platform, you consent to such transfers.

12.7 The Company is not responsible for the privacy practices of third-party websites or services linked from the Platform.

12.8 You are responsible for maintaining the confidentiality of your Account credentials and for any consequences of failing to do so.

13. Termination and Suspension

13.1 You may terminate your Account at any time by contacting support and following the Account closure procedure. Upon termination, remaining funds will be returned after verification, subject to applicable fees and a processing fee of $25.

13.2 The Company may suspend or terminate your Account immediately without notice under various conditions, including Terms violations or suspected fraud.

13.3 Upon termination, you lose access to your Account and any pending trades may be closed at current market prices. The Company shall not be liable for any losses resulting from such closure.

13.4 The Company reserves the right to freeze funds pending investigation of suspected violations. Frozen funds may be held for up to 90 days or until the investigation is complete.

13.5 Upon termination, Sections 6 (Risk Disclosure), 14 (Limitation of Liability), 15 (Indemnification), 16 (Dispute Resolution), and any other provisions that by their nature should survive, shall survive termination.

13.6 The Company may, in its sole discretion, refuse to open an Account for any person or entity and may close any existing Account at any time without liability.

14. Limitation of Liability

14.1 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL LUCID ALGORITHMS, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SHAREHOLDERS, SUBSIDIARIES, AFFILIATES, SUCCESSORS, OR ASSIGNS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING WITHOUT LIMITATION, LOSS OF PROFITS, LOSS OF REVENUE, LOSS OF DATA, LOSS OF GOODWILL, LOSS OF REPUTATION, COST OF SUBSTITUTE SERVICES, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR RELATING TO THESE TERMS OR YOUR USE OF THE PLATFORM, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

14.2 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY'S TOTAL AGGREGATE LIABILITY TO YOU FOR ANY AND ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR YOUR USE OF THE PLATFORM SHALL BE LIMITED TO THE LESSER OF: (A) THE TOTAL AMOUNT OF FEES PAID BY YOU TO THE COMPANY IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM; OR (B) ONE HUNDRED DOLLARS ($100.00).

14.3 THE COMPANY SHALL NOT BE LIABLE FOR ANY LOSSES RESULTING FROM market volatility, technical failures, security breaches, AI system errors, deposit/withdrawal delays, regulatory changes, force majeure, third-party service provider failures, your failure to maintain Account security, or your failure to comply with these Terms.

14.4 THE COMPANY PROVIDES THE PLATFORM "AS IS" AND "AS AVAILABLE" WITHOUT ANY WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY.

14.5 SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, SO THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU. IN SUCH JURISDICTIONS, THE COMPANY'S LIABILITY SHALL BE LIMITED TO THE MAXIMUM EXTENT PERMITTED BY LAW.

15. Indemnification

15.1 YOU AGREE TO INDEMNIFY, DEFEND, AND HOLD HARMLESS LUCID ALGORITHMS AND ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SHAREHOLDERS, SUBSIDIARIES, AFFILIATES, SUCCESSORS, AND ASSIGNS FROM AND AGAINST ANY AND ALL CLAIMS, DEMANDS, DAMAGES, LOSSES, LIABILITIES, COSTS, AND EXPENSES (INCLUDING BUT NOT LIMITED TO REASONABLE ATTORNEYS' FEES, COURT COSTS, AND EXPERT WITNESS FEES) ARISING OUT OF OR RELATING TO YOUR USE OF THE PLATFORM, YOUR VIOLATION OF THESE TERMS, YOUR TRADING ACTIVITIES, OR ANY CLAIM THAT YOUR USE OF THE PLATFORM CAUSED DAMAGE TO A THIRD PARTY.

15.2 The Company reserves the right to assume the exclusive defense and control of any matter subject to indemnification by you, in which case you agree to cooperate with the Company.

15.3 Your indemnification obligations shall survive termination of these Terms and closure of your Account.

16. Dispute Resolution and Arbitration

16.1 Any dispute, claim, or controversy arising out of or relating to these Terms or the breach, termination, enforcement, interpretation, or validity thereof shall be determined by binding arbitration.

16.2 YOU AGREE THAT ANY ARBITRATION WILL BE CONDUCTED ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION.

16.3 The arbitration shall take place in a neutral location as agreed by the parties.

16.4 The arbitrator's decision shall be final and binding, and judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof.

16.5 Any claim arising out of or relating to these Terms must be brought within one (1) year after the cause of action arises; otherwise, such claim is permanently barred.

17. Governing Law

17.1 These Terms shall be governed by and construed in accordance with the laws of the jurisdiction where Lucid Algorithms is established, without regard to its conflict of law principles.

17.2 The United Nations Convention on Contracts for the International Sale of Goods does not apply to these Terms.

17.3 You agree that any legal action or proceeding arising out of or relating to these Terms that is not subject to arbitration shall be filed only in the competent courts of the governing jurisdiction, and you hereby consent to the personal jurisdiction of such courts.

18. Amendments to Terms

The Company reserves the right to modify these Terms at any time. Continued use of the Platform after changes constitutes acceptance.

19. Retention of Title

The Company retains a security interest and lien on all funds in your Account until all fees, charges, and other amounts owed to the Company have been paid in full, including the 9% withdrawal fee and any late penalties.

20. Force Majeure

The Company shall not be liable for any delay or failure to perform resulting from causes outside its reasonable control, including acts of God, war, terrorism, pandemics, government actions, or technical failures.

21. Payment and Default Terms

All fees and charges are due immediately. If any amount owed to the Company is not paid when due, including the 9% withdrawal fee within 72 hours, the Company may apply late penalties as specified in Section 7.3 and may suspend or terminate your Account.

22. Warranty Disclaimers

THE COMPANY PROVIDES THE PLATFORM "AS IS" AND "AS AVAILABLE" WITHOUT ANY WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY.

23. Customer Indemnification

You agree to indemnify the Company against any losses arising from your breach of these Terms or violation of applicable laws.

24. No Financial Advice

The Company does not provide financial, investment, legal, or tax advice. All information is for informational purposes only.

25. Third-Party Services

The Company is not responsible for third-party services integrated with the Platform.

26. Data Accuracy

The Company does not warrant the accuracy of any information on the Platform.

27. System Security

The Company implements reasonable security measures but does not guarantee security from unauthorized access.

28. Account Suspension Rights

The Company may suspend your Account at any time for suspected violations.

29. Fund Segregation

Customer funds are held in segregated accounts but are not insured by any governmental agency.

30. Audit Rights

The Company reserves the right to audit your Account and trading activity.

31. Confidential Information

You agree to maintain the confidentiality of non-public information received from the Company.

32. Non-Circumvention

You agree not to circumvent any of the Company's policies or security measures.

33. Entire Agreement

These Terms constitute the entire agreement between you and the Company.

34. Severability

If any provision is found invalid, the remaining provisions continue in full force.

35. Waiver

The Company's failure to enforce any right is not a waiver of that right.

36. Assignment

You may not assign these Terms without the Company's consent.

37. No Third-Party Beneficiaries

No third party has any right to enforce these Terms.

38. Survival

Certain provisions survive termination of these Terms.

39. Notices

The Company may provide notices by email or by posting on the Platform.

40. Contact Information

Email: support@lucidalgorithms.com | Website: https://lucidalgorithms.onrender.com

41. Anti-Money Laundering

The Company complies with all applicable AML laws and may require identity verification.

42. Sanctions Compliance

You represent that you are not located in any sanctioned jurisdiction.

43. Tax Responsibility

You are solely responsible for all taxes applicable to your trading activities.

44. Customer Representations

You represent that you have sufficient knowledge and resources to bear the risks of trading.

45. Limitations on Trading

The Company may impose limits on trades or refuse to execute any trade.

46. Market Risks

You acknowledge that cryptocurrency markets are highly volatile.

47. Technical Failures

The Company is not liable for losses resulting from technical failures.

48. Customer Acknowledgment

BY CREATING AN ACCOUNT AND USING THE LUCID ALGORITHMS PLATFORM, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS, INCLUDING THE 9% WITHDRAWAL FEE, THE 72-HOUR PAYMENT PERIOD, AND THE 25% LATE PENALTY FOR EVERY TWO DAYS THE FEE REMAINS UNPAID.

49. Class Action Waiver

YOU AGREE THAT ANY DISPUTE RESOLUTION PROCEEDINGS WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION.

50. Jury Trial Waiver

TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU AND THE COMPANY HEREBY WAIVE ANY RIGHT TO A JURY TRIAL IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THESE TERMS OR YOUR USE OF THE PLATFORM.

BY CREATING AN ACCOUNT AND USING THE LUCID ALGORITHMS PLATFORM, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS.

Last Updated: May 13, 2025 | Version 5.1

© 2025 Lucid Algorithms. All rights reserved.

Back to Registration