We at Psila Tech Pte. Ltd. (“our”, “us”, “we”, “Company”) have developed the Flippy mobile application (“App”) and the website http://www.flippyfinance.com (collectively “Platform”) to provide Services (as defined below) to you (“User”, “you”, “your”). Please read these terms of use (“Terms”) carefully before you use the Platform since they constitute a binding agreement between you and us. For your ease, we have provided non-binding section highlights for the provisions of these Terms. However, these highlights are not comprehensive and should not be considered as a replacement for the actual clauses. You should read all the terms in their entirety to understand the obligations, restrictions, and rights provided under these Terms. In case of any conflict between the section highlights and the relevant clause, the relevant clause shall prevail. These Terms incorporate the Flippy Privacy Policy and Flippy Disclaimers (including all its variations and updates) by reference. By accessing or using our Services or the Platform, you agree to be bound by these Terms.

We may revise these Terms as well as update the Platform and Services from time to time, so please keep visiting this page regularly. If you do not agree with any part of these Terms, please stop using the Platform immediately. If you have any queries or concerns regarding these Terms, please contact our Grievance Officer.

Scope of Services

<aside> 💡 Section Highlights: You may use our Services only if you are permitted to enter into a binding contract and provide us with the information we need, as we need. You need to create a Flippy Account and link your Exchange Account to your Flippy Account for using certain Services.

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1.1. Services we provide: We provide the following services to you (“Services”):

  1. suggest baskets of various crypto assets (“Baskets”);
  2. allow you to create Baskets (“User Baskets”);
  3. facilitate orders of purchase or sale of crypto assets in proportion to the ratio listed in Baskets and User Baskets using the services of a third-party crypto assets exchange integrated on the Platform (“Exchange”);
  4. allow you to auto-rebalance your crypto assets portfolio;
  5. post educational content about crypto assets.

1.2. Eligibility: To use our Platform, you must first sign-up and create a user account with us (“Flippy Account”). To sign-up, you must be competent to enter into a binding contract under applicable laws. Additionally, you cannot have multiple Flippy Accounts or have been barred from using the Platform at any time.

1.3. Creating a Flippy Account: To create a Flippy Account, you must provide us with your name, email ID and phone number. We will authenticate your phone number and email address with a one-time password. You should also provide us with a username that will be displayed on the Platform. Alternatively, you may create a Flippy Account using an existing Google account, which will be authenticated by us.

1.4. Connecting to an Exchange: All transactions of purchase and sale of crypto assets in proportion to the ratio listed in Baskets or User Baskets will be executed on an Exchange. To facilitate such transactions on the Exchange, you must link your Flippy Account to your account with the Exchange (“Exchange Account”). We will authenticate your Exchange Account through applicable processes including O-Auth. By linking your Exchange Account:

  1. You understand that we will (i) have access; (ii) process; (iii) and store information provided by you and contained in your Exchange Account, including your email address as linked to your Exchange Account.
  2. You authorize us to send transaction instructions, received from you for the purchase or sale of crypto assets, to your Exchange Account on your behalf.
  3. Subject to the privacy policy of the Exchange and the terms governing the use of the Exchange Account, any personally identifiable information that you post on such Exchange may be visible to us. If your Exchange Account becomes unavailable or our access to the same is terminated by the Exchange or you, you will not be able to use our Services.
  4. Your use of the Exchange and the Exchange Account will continue to be governed by the Exchange’s applicable policies (including the relevant terms of use, privacy policy and such other policy as may be implemented from time to time).

1.5. Minimum Value: Every purchase or sale of crypto assets in accordance with a Basket will be subject to a minimum value mentioned against such Basket. You are not allowed to purchase or sell crypto assets in fractional units of a Basket. Please note that the minimum value of a Basket may be revised from time to time.

1.6. Referral Points: If you have been provided with any referral points or coupons by any of our other users or us, you may provide the same to us at the time of signing up and we shall remit any awards or points that may accrue to you. Similarly, we may run referral awards and schemes, at our sole discretion and from time to time, whereby you may earn credits, points and awards by sharing a referral link with your friends and such friends making any purchases or sales through the Platform. The credits, points, or awards provided to you at any time shall be subject to our sole discretion.

Prohibited use of the Platform

<aside> 💡 Section Highlights: The Platform is meant to make your lives easy. However, if you engage in any of the Prohibited Uses, then we may take appropriate actions against you. We request you to remain compliant with this provision.

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2.1. You shall not use the Flippy Account to engage in any of the following activities or any activity of a like manner (“Prohibited Uses”):

  1. Committing fraud; and/or
  2. Gambling; and/or
  3. Money laundering; and/or
  4. Intellectual property infringement; and/or
  5. Attempt to unduly enrich yourself; and/or
  6. Scrape/hack/or in any way damage or interfere with the system or architectural integrity of the Platform; and/or
  7. Collect any user information such as email addresses/phone numbers etc. from other users of the Platform; and/or
  8. Engage in any activities that may harm our reputation and goodwill; and/or
  9. Engage in activities that may cause loss to us or any other users; and /or
  10. Execute malicious sales or purchases; and/or
  11. Impersonate any person or entity; and/or
  12. Harm a child in any manner; and/or
  13. Uncivil behaviour while interacting or communicating with any of our representatives; and/or
  14. Any illegal or unlawful activities; and/or
  15. Post links of any third party websites/applications that perform any of the foregoing acts; and/or
  16. Post content that may trigger any of the foregoing sub-clauses or which may be misleading or is patently false and untrue.

2.2. If we become aware that you have carried out any Prohibited Uses from your Flippy Account, we shall take appropriate steps against you. These steps may include: (i) suspending or terminating your Flippy Account; and/or (ii) banning you from the Platform; and/or (iii) reporting you to appropriate law enforcement authorities; and/or (iv) starting legal proceedings against you.

Your Obligations