General Terms and Conditions
Summary:
1.1. Please read these General Terms and Conditions carefully before using this website (hereinafter referred to as the “Platform”). By using the platform and creating an account, it means you accept and agree to comply with the general terms and conditions of the platform. If not, do not use the platform. The Terms of Use are the entire agreement between you and us (Coincharted) regarding the use of this platform.
1.2. The platform will be powered by Simulated Systems UG (registration in progress).
1.3 coincharted may update or amend these general terms and conditions at any time and therefore you are obligated to review each update that the platform makes, and therefore you should visit this page periodically and successively to review the general terms and conditions that the platform has updated.
1.4. These General Terms and Conditions apply to all sales contracts entered into between Coincharted and consumers (users) who use our Website or Application.
1.5. A consumer or user in the following regulations is any natural or legal person who enters into a legal transaction with us or subscribes to one of our paid or free plans.
2. Contract conclusion:
2.1. The subject of the contract is to provide financial analysis by creating deep analyzes to simulate the prices of digital currencies “cryptocurrencies” and predict their future prices. When choosing one of the plans we have available, and obtaining one of the financial models and forecasts, you need to create an account first.
Register (create an account):
We ask users to fill in some information to register and create a new account, the information includes personal email address, age, gender, occupation, number of weekly trades, and average trading volume in US dollars. The personal email address is used to ensure that each user has only one identity. Other information is used by coincharted to understand more about the nature of its active users and to improve the level of service provided to them. The required data is optionally filled in, which is specified when the “*” mark does not appear next to the data form fields. There are no consequences for the user if such information does not fill in the simulation data settings. Coincharted does not recommend traders make a trading decision whether to buy or sell without making many multiple trading setups and using different data sources and analytical methods and comparing their accuracy. If the user does not specify one or more simulation settings, the default settings made from the site will be calculated. Simulations with preset default settings are calculated, so the default settings and models are not necessarily the most accurate models. Models are calculated across “servers” and the calculation time varies according to the computational needs of the analytical method, the volume of data, and the busyness of the servers. Waiting periods indicated on the website are only estimates.
Getting the results: The results of the financial analysis are provided to the users through a series of graphs. Our help pages and educational content explain how to read and understand these graphs. To provide the best user experience, some results are stored to be retrieved from our database and not calculated on demand. This protects (servers) from recalculating the same simulation.Coincharted does not guarantee the reproducibility of results, i.e. using the same form settings does not always produce the same results. This is because simulation computation algorithms do not always find the same solution when using the same preconfigured model settings. Finding a good predictive simulation is a very difficult mathematical problem, thus some of these problems cannot be solved by our algorithms at all. But when this happens, the user sees a message that an error has been found and asks them to try different emulation settings.
2.2. The contract between the user and the platform terminates on its own when the user deletes their account. Likewise, when the user stops paying if he is subscribed to one of the subscription plans, the contract, and the accounting system change and he moves to the free plan on his own.
3 – About the site:
3-1.Coincharted provides a scientific method of data analysis to the average trader with a very simple and easy user interface.
3.2. We focus on developing advanced analytics to understand market sentiment and psychology, using news and all social media platform posts by analyzing what cross-platform traders are eating using artificial intelligence, as well as general psychological analytics.
3.3. Our platform basic plan:
3.3.1. The user defines the name of the digital currency (for example, BTC, Ethereum, or Solana), and the analytical strategy, and chooses the data sources that should be included in the predictive simulation that is chosen. The user can (optionally) select some options that control how the predictive simulation is calculated. If the user does not specify simulation calculation options, the default options will be used.
3.3.2.Coincharted sends the user’s request to the remote processor server.
3.3.3. The remote processor “server” collects data about the digital currency BTC, for example from the Internet, or retrieves the data collected and stored.
3.3.4 The server calculates a simulation of the currency price in the previous period, predicts the prices of a previous period, and compares its prediction of the expected price at that time with the real price during this past period, and based on this arithmetic equation consisting of the simulation, it predicts the price for a future time. According to the user’s request.
3.3.5 The user will see the results of the form he prepared in the form of text or graphs. Coincharted provides information about the accuracy of the simulation in the previous time, how it calculated such a prediction, and the price forecast for the future time requested by the user.
3.3.6 The data sources available in the basic plan are daily past prices, technical indicators, daily market sentiment scores, and data analysis using econometrics.
3.4. Advanced Plan (Basic Plan Benefits + Additional Benefits)
3.4.1 The user involved in the advanced plan can compare predictions of different analytical models and simulate Spectrum Analysis.
3.5. Comprehensive plan (Premium plan benefits + additional benefits)
3.4.2 The user enjoys in (comprehensive) a set of models based on human neural networks and analysis of publications
3.4.3 Additional statistics carefully crafted to measure simulation accuracy.
4- User rights
4.1. Rights of all site visitors: All site visitors can access all Coincharted sites on the Internet but not the Simulation Creation pages.
4.2. Those who have created an account in the trial period or signed up for the paid plan will have access to the possibility of building a simulation and forecasting the future prices of currencies.
5 . Responsibility of the user
5.1. Coincharted is not responsible for your investment behavior and cannot hold anyone responsible for your decisions. All information provided on coincharted is not financial or investment advice.
5.2. Users are solely responsible for their profits and losses.
6- Terms of price and payment
6.1. The platform includes three plans. described below:
6.1.1. Basic Plan: $12 per month, with automatic renewal. It provides all the basic functions mentioned in Section 3.3.
6.1.2. Premium Plan: $19 per month, with automatic renewal. Provides the benefits of the Basic Plan + Additional Plan Package #1 mentioned in Section 4.3.
6.1.3. Gold Plan: $29 per month, with automatic renewal. It provides all the basic functions mentioned in Section 4.3.
6.2. Only the registered user on the site or the application can subscribe to the price plans, and for new visitors, the subscription is conditional on registering as a user.
6.3.Coincharted reserves the right to offer free trial periods for any price plan. Trial periods are periods during which a User registered on the Website or the Application can try out certain price plan(s) for a limited time for free. After the end of the trial period, the user will lose access to these plans unless at the time of the free trial period the user agrees to the automatic payment of the subscription fee once the trial period ends. Payment on our platform is via credit cards. All payments are made through Stripe (inc)
6.4. Subscribed users can cancel the automatic renewal of their subscriptions. Note that the subscription is not refundable once it has been paid.
6.5. If electronic payment is not accepted, users will be required to transfer the subscription fee to Coincharted’s bank account within 7 days, or else the subscription will be cancelled.
7. Service availability
7.1. Coincharted Availability of the Service means that the Site is available to users 24/7, except for scheduled maintenance and update periods
7.2.The database is usually updated daily within the early hours of the new day in Greenwich Mean Time (UTC).
7.3. Updates to the database are made periodically every 30 minutes.
8. A guarantee:
Limited warranty for customers with paid subscriptions during server downtime. Coincharted offers a full refund to the user with a paid subscription if the coincharted service is interrupted for more than 5 days in one month. The user must explicitly request a refund from coincharted via email to proceed with the refund.
9. Limitations of Liability and Compensation:
Since we do not provide financial advice or advice, users of the Platform are not entitled to any compensation in the event of an economic or financial loss as a result of a decision to trade or invest in cryptocurrencies.
10- Law
10.1. German law shall apply to users if the law of the user’s country of residence results in the removal of the legal protection afforded to him by the mandatory provisions of the law of the user’s country. What is known as (the benefit of the doubt principle)?
10.2. The provisions of the United Nations Convention on Contracts for the International Sale of Goods are expressly not applicable.
11. Data protection and data security:
11.1. Contracting parties must comply with relevant data protection laws. Coincharted, insofar as it deals with personal data, must collect, use, or process such data within the meaning of Article 11(3) of the German Federal Data Protection Act (Bundesdatenschutzgesetz, BDSG) This data handling is by the customer’s instructions only. According to Article 5 of the Federal Data Protection Act (Germany), contracting parties are required to place their employees under an obligation to maintain data confidentiality, unless this obligation already exists.
11.2. Coincharted shall have the right to data processing by third parties whosoever these third parties are, as is the case with employees, subject to the provisions outlined in Sub-Article 1 of the aforementioned Article. Coincharted allows the client’s identity to be published for reference reasons.
Alternative Dispute Resolution:
The European Commission provides a platform for out-of-court dispute resolution (the ODR platform), which can be found at https://ec.europa.eu/odr.
Additional information regarding the conclusion of the contract
The technical steps associated with the conclusion of the contract, the conclusion of the contract itself, and the options for correction are carried out by the regulations “Conclusion of the Contract” by the Terms and Conditions (Part One).
Last update: 18.08.2022
