Terms and Conditions – Criptan Earn

TERMS AND CONDITIONS OF THE EARN FLEX SERVICE

This document regulates the conditions for contracting the “Earn Flex” services through the CRIPTAN web and mobile application (hereinafter, jointly the “Platforms”).

Please read these contracting conditions carefully (hereinafter, the “Contracting Conditions”) before making any purchase or using any service. In this regard, you consent to be bound by these Contracting Conditions, and you should not contract any service on the Platforms if you do not agree to all of the Contracting Conditions.

The language in which the contracting process will be conducted and in which these Contracting Conditions will be formalized will be, unless otherwise indicated, Spanish.

IDENTIFICATION
These Specific Terms and Conditions for the Earn Flex product govern the contractual relationship between you and Criptan Global, S.A., a company domiciled in Panama and part of the Criptan Group (hereinafter, “Criptan”).

You and Criptan are hereinafter referred to separately as the “Party” and jointly as the “Parties” regarding your use of the Earn Flex product.

If you wish to contact Criptan, you may do so via email at [email protected].

OBJECT
These Contracting Conditions aim to regulate the legal relationship between Criptan and the User.

SERVICE MECHANICS
To access the Earn Flex services, the User must be registered as a Criptan user and have accepted the General Terms and Conditions of Use.

Likewise, the User can access the Earn Flex terms via the channels enabled for this purpose on the Platforms.

If the User agrees with the terms set forth in these Conditions, they will contribute the cryptocurrencies of their choice from the following options: USDC, EUR (EURC), BTC, ETH. They will select how much they wish to contribute through the procedures enabled on the Platforms.

If they decide to invest Euros in Earn, the currency exchange from EUR to EURC will be made at the time of investment.

In exchange for the cryptocurrencies transferred by the User to Criptan and blocked, the User may have access to certain rewards in the cryptocurrency of their choice for Earn Flex.

The User can add more cryptocurrencies to their account whenever they wish, with the cryptocurrencies contributed by the User automatically added to their account balance.

Criptan, at the User’s request and under the terms set forth in these Conditions, will return the full amount the User contributed plus the interest previously agreed upon by the Parties.

Both the principal and the interest thereon will be returned in the crypto asset selected for Earn to the User and Savings+ account.

DURATION
The User will begin to benefit from the service once they accept these Conditions and deposit the cryptocurrencies into their Earn Flex account.

These Conditions will have an initial duration of one week, renewing tacitly as long as neither of the Parties indicates, through the channels enabled for this purpose, their intention to terminate.

The rewards obtained by the User through Earn Flex will be credited as balance in the Savings+ account, added to previous contributions and rewards in each automatic renewal as long as there is no withdrawal order from the User.

USER OBLIGATIONS
The User is obliged to fulfill the following obligations:
– Contribute the amount indicated in clause 1.2. of this Contract.
– Provide the Lender with any relevant information.
– Accept and comply with all terms of this Contract.
– Always act in good faith.

CRIPTAN OBLIGATIONS
Criptan is obliged to fulfill the following obligations:
– Provide the necessary information requested, fully adjusted to reality;
– Provide the User with any relevant information related to the acquisition of the good or service.
– Pay the agreed amounts within the agreed period.
– Always act in good faith.

CRIPTAN RIGHTS
Criptan reserves the right to assign to a third party the obligations it has towards the users of the Earn product derived from the contract, at its sole discretion and by its simple will.

By accepting these Terms and Conditions, Earn users agree that Criptan may unilaterally promote a change of party, being replaced by a third party responsible for the existing obligations Criptan has regarding the Earn product with each user.

Criptan guarantees that the third or new party that replaces it in its Earn product obligations will meet at least the same solvency levels as Criptan.

Criptan reserves the right to update yield percentages in accordance with market conditions, with prior publication on the platform and without the need for an express amendment of these Terms and Conditions.

REWARDS, WITHDRAWALS, AND LIMITS
The system for calculating the rewards owed to the User, as well as the withdrawal system, is detailed in the “Rewards and Fees” section of the “Earn” section of the Platforms. Additionally, this section explains the minimums that the user must meet to generate rewards.

FORCE MAJEURE
Criptan, under art. 1105 of the Civil Code, is exempt from any delay or breach of this Contract to the extent that such delay or breach is caused by a fortuitous event or any other unforeseeable cause or, had it been foreseeable, has an inevitable nature due to its external origin and is beyond its reasonable control and diligence guided by good faith.

Any delay or breach within these external origin assumptions will suspend Criptan’s obligations to comply with this Contract until the cause of the delay or breach is removed.

It should be noted that these are exceptional circumstances, the occurrence of which is unlikely. Examples include:
– Strikes, lockouts, or other protest measures;
– Civil commotion, riot, invasion, terrorist threat or attack, war (declared or not) War threat or preparations;
– Fire, explosion, storm, flood, earthquake, collapse, epidemic, pandemic, or any other natural disaster;
– Inability to use public or private telecommunications systems, such as Ethereum network crashes or failures.
– Acts, decrees, legislation, regulations, or restrictions of any government or public authority.

DATA PROTECTION
In accordance with the provisions of the General Data Protection Regulation and other applicable regulations, Criptan informs Users that the personal data provided through the Platforms or by sending emails will be processed by Criptan as the data controller with respect to the Criptan Privacy Policy.

Additionally, Criptan informs the User that the purchase or sale of bitcoins and other crypto assets may be recorded on a public Blockchain. Public blockchains operate as ledgers, designed to immutably record transactions on computer networks. Many of these public blockchains enable forensic analysis that may lead to de-anonymization and the unintentional disclosure of private financial information, especially when blockchain data is combined with other data.

Since blockchains are decentralized networks or third-party networks not controlled or operated by Criptan, Criptan cannot delete, modify, or alter, if applicable, the personal data housed on these networks.

APPLICABLE LAW AND JURISDICTION
The transaction is deemed to be made in Spanish territory, so these Terms and Conditions are governed by Spanish law, without prejudice to the provisions of art. 6.2 of Regulation 593/2008 of the European Parliament and the Council.

In the event of a dispute, for clients acting outside the scope of their professional or business activity, both parties agree to submit, waiving any other jurisdiction that may correspond to them, to the jurisdiction of the courts and tribunals of the User’s place of residence.

In the event of a dispute, for clients acting within the scope of their professional or business activity, both parties agree to submit, waiving any other jurisdiction that may correspond to them, to the jurisdiction of the courts and tribunals of Valencia.

Lastly, we remind our clients that, should they wish to file a complaint regarding any incident related to the contractual relationship, they may do so by completing the following online form.

APPLICATION OF TERMS AND CONDITIONS

For any matters not expressly covered in these Contracting Terms and Conditions, the provisions set forth in the General Terms and Conditions of Use shall apply.

In case of a dispute, for clients operating outside the scope of their professional or business activity, both parties agree to submit, waiving any other applicable jurisdiction, to the jurisdiction of the Courts of the User’s domicile.

In case of a dispute, for clients operating within the scope of their professional or business activity, both parties agree to submit, waiving any other applicable jurisdiction, to the jurisdiction of the Courts of Valencia.

Finally, we remind clients that if they wish to file a complaint regarding any incident in the contractual relationship, they may submit the appropriate claim by completing the following electronic form.

APPLICATION OF TERMS AND CONDITIONS
For those aspects not covered in these Contracting Conditions, the provisions of the General Terms and Conditions of Use.

TERMS AND CONDITIONS EARN VARIABLE

This document regulates the terms and conditions of the raffle in which participants are solely and automatically the users of the Criptan mobile application or website (hereinafter, the “Platform” or the “Application”) who have invested in Earn Variable products (hereinafter, the “Users” or the “User”).

The terms and conditions of this product do not affect the validity of the Earn Terms and Conditions or the general Terms and Conditions established at www.criptan.com. 

Please read the Earn Lottery conditions (hereinafter, the “Conditions”) carefully before making any registration, acquisition, or using any service. By doing so, you consent to be bound by these Conditions and should not contract any service on the Platform if you do not agree to the Terms and Conditions for what you are contracting. 

Both parties may be referred to hereinafter individually as the “Party” and jointly as the “Parties.”

The contracting procedure and formalization of these Contracting Conditions will, unless otherwise indicated, be processed in Spanish.

IDENTIFICATION
These Specific Terms and Conditions for the Earn Variable product govern the contractual relationship between you and Criptan Global, S.A., a company domiciled in Panama and part of the Criptan Group (hereinafter, “Criptan”).

Hereinafter, you and Criptan are individually referred to as the “Party” and collectively as the “Parties,” regarding your use of the Earn Lotter product.

If you wish to contact Criptan, you may do so via email at [email protected].

OBJECT
The purpose of these Conditions is to govern the legal relationship of the raffle between Criptan and Users, allowing Users the opportunity to win cryptocurrencies. The prize will consist of the cryptocurrencies in which they have invested in Earn Variable, specifically ether, bitcoin, usdc, or eurc, as established in these Conditions.

The services offered through the raffle are not considered an investment tool. The mechanics of these services are solely based on Users’ chance to obtain certain rewards offered by Criptan in exchange for downloading and registering on the Criptan Platform and investing in Earn Variable products. 

RAFFLE MECHANICS
To participate in the raffle, the User must be registered as a Criptan user, accept the Terms and Conditions of Use, and have made an investment in Earn Lottery products of at least 0.1 eth, 200 usdc, 0.005 btc, or 200 eurc. This is the required balance for ticket issuance in the specified cryptocurrencies.

A ticket refers to the entry voucher required for the User to be eligible to win a prize. If, at the time of ticket allocation (on the 1st day of each month), the User has an investment of 0.1 ETH in Earn Lottery, they will receive one ticket for the draw. If the User invests 0.2 ETH, they will receive two tickets. However, if the User invests only 0.05 ETH, they will not receive any ticket, and if they invest 0.15 ETH, they will still receive only one ticket.

On the first (1st) day of each month, each ticket assigned to the User will receive a number between 0 and 9,999.

If funds are withdrawn during the month, those funds will be removed from the User’s Earn Lottery account before the next ticket allocation cycle. Therefore, tickets will not be granted for funds that have been withdrawn.

On the last day of each month, the hash of the last Bitcoin block of the day (based on UTC time) is retrieved and converted into a decimal number. Once converted, the decimal number is subjected to modulo 9,999, resulting in a number between 0 and 9,999. Each ticket number corresponds directly to itself.

DURATION

The draw is recurring, meaning it will take place monthly. The winner will be announced on the next business day following the date of the draw, in accordance with the provisions outlined in the previous clause.

Participating users will be automatically entered into the monthly draw as long as their funds remain deposited in Earn Lottery products as of 00:00 hours on the first day of each month. The user will participate in the draw with as many tickets as they are entitled to.

These Terms and Conditions will remain in effect for as long as the draw is held periodically. Therefore, they will continue to apply until an official announcement is made declaring the end of the draw.

If the user wins and has the auto-reinvestment of rewards activated, the prize will be added to their invested balance in Earn Lottery. If, on the other hand, the user has auto-reinvestment deactivated, the prize will be credited to their Criptan Savings+ account balance, and it will be added to any future deposits and rewards the user may receive through other Criptan services.

Users making use of other Criptan services will be subject to the specific terms and conditions that apply to each service, independently of the draw’s Terms and Conditions.

USER OBLIGATIONS
The User agrees to fulfill the following obligations:
– Register as a Criptan user and accept the General Terms and Conditions; 
– Invest in Earn Variable;
– Provide Criptan with any relevant information; 
– Accept and comply with all terms of the raffle; and 
– Act in good faith at all times.

CRITAN’S OBLIGATIONS
Criptan agrees to fulfill the following obligations:
– Provide Users with any relevant information regarding the raffle;
– Proceed with the payment of the prize within the period specified in these raffle Conditions; 
– Act in good faith and transparency at all times.

CRITAN’S RIGHTS

Criptan reserves the right to assign its obligations under the Earn product to a third party, at its sole discretion and by its own decision.

By accepting these Terms and Conditions, Earn users agree that Criptan may unilaterally promote a change of party, whereby Criptan is replaced by a third party that assumes responsibility for Criptan’s outstanding obligations under the Earn product with each user.

Criptan guarantees that the third party or new entity replacing it in its Earn-related obligations will meet at least the same solvency standards as Criptan.

REWARDS, PRIZES, WITHDRAWALS, AND LIMITS

The calculation system for the rewards corresponding to the User, as well as the withdrawal system and the prizes awarded to winners of the draw, are explained in detail in the “Rewards and Commissions” section within the “Earn” area of the Platforms. This section also explains the minimum amounts required for a user to generate rewards and to obtain tickets.

Criptan must deposit the prize into the winner’s Savings+ account within five business days. This period begins on the day following the announcement of the winner.

All Users holding the winning number will receive the prize.

It is hereby stated for the record that, in the event of winning the draw, any tax implications related to the prize will be the sole responsibility of the winning user. This includes any applicable tax obligations under current legislation.

USER REPRESENTATIONS

– The User declares that they are accessing the draw services on their own behalf and for their own benefit, not as a representative or agent.

– By accepting these Terms and Conditions, the User expressly declares that they comply with the provisions set forth herein, without prejudice to Criptan’s right to suspend the draw services for the User if it is later determined that the User was in breach or has ceased to meet any of the conditions established in this document.

FORCE MAJEURE

In accordance with Article 1105 of the Spanish Civil Code, Criptan shall be exempt from any delay or failure to perform under this draw to the extent that such delay or failure is caused by an act of God or any other unforeseeable cause—or, if foreseeable, one that is unavoidable—due to its external origin and beyond Criptan’s reasonable control and its good faith diligence.

Any delay or failure to perform caused by such external circumstances shall suspend Criptan’s obligations under this draw until the cause of the delay or failure is resolved.

It should be noted that these are exceptional circumstances, whose occurrence is unlikely. By way of example, the following may be considered force majeure events:

– Strikes, lockouts, or other labor disputes;

– Civil unrest, riot, invasion, terrorist threat or attack, war (declared or not), or threat or preparation for war;

– Fire, explosion, storm, flood, earthquake, subsidence, epidemic, pandemic, or any other natural disaster;

– Inability to use public or private telecommunications systems, such as the failure or downtime of the Ethereum network;

– Acts, decrees, legislation, regulations, or restrictions of any government or public authority.

DATA PROTECTION

In accordance with the provisions of the General Data Protection Regulation (GDPR) and other applicable data protection regulations, Criptan informs Users that the personal data provided through the Platform or by sending emails will be processed by Criptan as the data controller, in accordance with the terms established in Criptan’s Privacy Policy.

Furthermore, Criptan informs the User that the purchase or sale of Bitcoin and other cryptocurrencies may be recorded on a public blockchain. Public blockchains function as ledgers designed to immutably record transactions across networks of computer systems.

Many of these public blockchains allow for forensic analysis, which can lead to de-anonymization and the unintended disclosure of private financial information, especially when blockchain data is combined with other data.

Since blockchains are decentralized or third-party networks that are not controlled or operated by Criptan, Criptan is unable to delete, modify, or alter any personal data stored on such networks, where applicable.

APPLICABLE LAW AND JURISDICTION

The transaction is deemed to have been carried out within Spanish territory. Therefore, for any interpretative or legal disputes that may arise, Spanish law shall apply.

In the event of a dispute, for clients acting outside the scope of their professional or business activity, both parties agree to submit, waiving any other jurisdiction that may apply, to the jurisdiction of the Courts and Tribunals of the User’s place of residence.

In the event of a dispute, for clients acting within the scope of their professional or business activity, both parties agree to submit, waiving any other jurisdiction that may apply, to the jurisdiction of the Courts and Tribunals of Valencia.

Lastly, we remind clients that if they wish to file a complaint regarding any issue arising from the contractual relationship, they may do so by completing the following electronic form.

APPLICATION OF TERMS AND CONDITIONS

For aspects not covered by these General Conditions, the provisions of the Terms and Conditions.

TERMS AND CONDITIONS FOR THE EARN 90 SERVICE

These Terms and Conditions govern the contracting of the “Earn 90” services through CRIPTAN’s web and mobile applications (hereinafter, jointly referred to as the “Platforms”). We kindly ask you to read these Terms and Conditions of Contract (hereinafter, the “Terms of Contract”) carefully before making any purchase or using any service. By doing so, you agree to be bound by these Terms of Contract, and you should refrain from contracting any service on the Platforms if you do not agree with all of the Terms of Contract. Unless otherwise indicated, the contracting process and the formalization of these Terms of Contract will be conducted in Spanish.

IDENTIFICATION
These Specific Terms and Conditions for the Earn 90 product govern the contractual relationship between you and Criptan Global, S.A., a company domiciled in Panama and part of the Criptan Group (hereinafter, “Criptan”). 

Hereinafter, you and Criptan will be individually referred to as the “Party” and jointly as the “Parties” concerning your use of the Earn 90 product.

If you wish to contact Criptan, you may do so via email at [email protected].

OBJECT
The purpose of these Contracting Conditions is to govern the legal relationship between Criptan and the User.

SERVICE MECHANICS

– The User may access the performance and duration terms through the designated channels available on the Platforms.

– If the User agrees with the conditions outlined above, they may contribute the cryptocurrency of their choice from the following options: USDC, EUR (EURC), BTC, or ETH. The User may contribute the desired amount through the procedures enabled on the Platforms.

– If the User decides to invest Euros in Earn, the currency conversion from EUR to EURC will take place at the time of the investment.

– The minimum and maximum contribution limits will be those set forth in the “Rewards and Commissions” section of the “Criptan Earn” area on the Platform’s website.

– The Financing Terms will be determined based on Criptan’s liquidity needs and the average interest rates for this type of business.

– Upon acceptance of the Financing Terms, the funds deposited by the User will be locked until the maturity date specified in the communication.

– Criptan shall be obligated to return to the User, within the agreed timeframes, the full amount contributed by the User, plus the interest previously agreed upon between the Parties, as specified in the communication regarding the Financing Terms.

– Both the principal and the interest will be returned in the currency chosen by the User.

– Both the principal and the interest will be credited to the User’s Savings+ account.

– All specific terms of the Contract, as defined by Criptan in the relevant annexes, must have been accepted by the Parties following acceptance of this Contract.

DURATION

The contractual term will begin on the first Friday at 00:00 UTC following the User’s consent. The contract will expire after 84 calendar days. On the expiration date, Criptan will proceed to return the principal to the User’s Savings+ account.

At the time of contracting, the User will have the option to select an automatic renewal of the loan. That is, the User may choose for a new loan to be automatically contracted under the same conditions and amounts upon the expiration of the initial term.

USER OBLIGATIONS
The User is required to fulfill the following obligations:
– Contribute the amount they wish to include in the Earn product service;
– Provide the Lender with any relevant information;
– Accept and comply with all terms of this Contract;
– Always act in good faith.

CRIPTAIN OBLIGATIONS
Criptan is required to fulfill the following obligations:
– Provide the necessary information accurately;
– Provide the User with any relevant information about the purchase of the goods or services;
– Proceed with payment of the agreed amounts within the agreed period stated in the Financing Features;
– Always act in good faith.

CRIPTAIN’S RIGHTS
Criptan reserves the right to assign its obligations under the Earn product contract to a third party at its sole discretion and will.

By accepting these Terms and Conditions, Earn users agree that Criptan may unilaterally promote a change of party, with Criptan being replaced by a third party who assumes Criptan’s ongoing obligations under the Earn product for each user. 

Criptan guarantees that the third or new party replacing Criptan in its Earn product obligations will meet the same solvency levels as Criptan.

PAYMENT OF PRINCIPAL AND INTEREST

Criptan shall proceed with the payment of the agreed amount, consisting of the sum contributed by the User plus the agreed interest, through the User’s Savings+ account on the Criptan platform, and within the agreed timeframe.

The repayment of the principal contributed by the User will take place after 84 calendar days have elapsed, starting from the first Friday following the User’s deposit, as explained in CLAUSE FOUR.

Interest payments will be distributed on a pro rata weekly basis. Therefore, every Friday from 17:30 CET, and within a maximum of one hour, 1/12 of the total interest corresponding to the full term of the loan will be paid.

The Borrower may repay the amount early; however, the agreed interest will remain unchanged.

FORCE MAJEURE
Criptan, under article 1105 of the Civil Code, is exempt from any delay or non-compliance with this Contract to the extent that such delay or non-compliance is caused by a fortuitous event or any other unforeseeable cause, which if foreseeable, is inevitable, as it is of external origin and beyond Criptan’s reasonable control and good faith diligence. Any delay or non-compliance within these external origin assumptions will suspend Criptan’s obligations to fulfill this Contract until the cause of delay or non-compliance is removed. It should be noted that these are exceptional circumstances, the occurrence of which is improbable. Examples include:
– Strikes, lockouts, or other protest measures;
– Civil unrest, riot, invasion, terrorist threat or attack, war (declared or undeclared), or preparations for war;
– Fire, explosion, storm, flood, earthquake, subsidence, epidemic, pandemic, or any other natural disaster;
– Impossibility of using public or private telecommunications systems, e.g., Ethereum network outages;
– Acts, decrees, legislation, regulations, or restrictions of any government or public authority.

DATA PROTECTION
In accordance with the General Data Protection Regulation (GDPR) and other applicable data protection laws, Criptan informs Users that any personal data provided through the Platforms or via email communications will be processed by Criptan as the data controller, in accordance with the provisions of Criptan’s Privacy Policy. Criptan also informs Users that the purchase or sale of Bitcoin and other cryptocurrencies may be recorded on a public blockchain. Public blockchains operate as ledgers designed to immutably record transactions across networks of computer systems. Many of these public blockchains allow for forensic analysis, which may lead to de-anonymization and the unintended disclosure of private financial information, particularly when blockchain data is combined with other data sources. As these blockchains are decentralized or third-party networks that are not controlled or operated by Criptan, Criptan is unable to delete, modify, or alter any personal data that may be stored on such networks.

APPLICABLE LAW AND COMPETENT COURT
The transaction is understood to be carried out in Spanish territory, so these Terms and Conditions are governed by Spanish law, without prejudice to article 6.2 of Regulation 593/2008 of the European Parliament and Council.

In case of dispute, for clients operating outside the scope of their professional or business activity, both parties agree to submit, waiving any other jurisdiction, to the courts of the User’s domicile.

In case of dispute, for clients operating within the scope of their professional or business activity, both parties agree to submit, waiving any other jurisdiction, to the courts of Valencia.

APPLICATION OF THE TERMS AND CONDITIONS
For those aspects not covered by these Contracting Conditions, the provisions of the General Terms and Conditions of Use.

TERMS AND CONDITIONS FOR THE EARN 180 SERVICE

This document regulates the contracting conditions for the “Earn 180” services through the Criptan web and mobile application (hereinafter, collectively referred to as the “Platforms”).

Please read these contracting conditions carefully (hereinafter, the “Contracting Conditions”) before making any purchase or using any service. By doing so, you consent to be bound by these Contracting Conditions and should not contract any service on the Platforms if you disagree with all the Contracting Conditions.

The language in which the contracting process will be carried out and in which these Contracting Conditions will be formalized will be Spanish, unless otherwise indicated.

IDENTIFICATION

These Specific Terms and Conditions for the Earn 180 product govern the contractual relationship between you and Criptan Global, S.A., a company domiciled in Panama and part of the Criptan Group (hereinafter, “Criptan”).

Hereinafter, you and Criptan will be individually referred to as the “Party” and collectively as the “Parties” regarding your use of the Earn 180 product.
If you wish to contact Criptan, please do so via email at [email protected].

OBJECT
The purpose of these Contracting Conditions is to govern the legal relationship between Criptan and the User.

SERVICE MECHANICS

– The User may access the performance and duration terms through the channels enabled for this purpose on the Platforms.

– If the User agrees with the conditions set forth above, they may contribute the cryptocurrency of their choice from the following: USDC, EUR (EURC), BTC, or ETH. The User may contribute the desired amount through the procedures made available on the Platforms.

– If the User decides to invest Euros in Earn, the currency conversion from EUR to EURC will take place at the time of investment.

– The minimum and maximum contribution limits will be those established in the “Rewards and Commissions” section within the “Criptan Earn” area of the Platform’s website.

– The Financing Terms will be calculated based on Criptan’s liquidity needs and the average interest rates applicable to this type of business.

– Upon acceptance of the Financing Terms, the funds deposited by the User will be locked until the maturity date stated in the communication.

– Criptan will be obliged to return to the User, within the agreed timeframes, the full amount contributed by the User, plus the interest previously agreed between the Parties, as outlined in the communication regarding the Financing Terms.

– Both the principal and the interest shall be returned in the currency selected by the User.

– Both the principal and the interest shall be returned to the User’s Savings+ account.

– All specific elements of the Contract, as defined by Criptan in the corresponding annexes, must have been accepted by the Parties after the acceptance of this Contract.

DURATION

The contractual term will begin on the first Friday at 00:00 UTC following the User’s consent. The contract will expire after 182 calendar days. On the expiration date, Criptan will proceed to return the principal to the User’s Savings+ account.

At the time of contracting, the User will have the option to select an automatic renewal of the loan. That is, the User may choose to have a new loan automatically contracted under the same conditions and amounts upon the expiration of the initial term.

USER OBLIGATIONS
The User agrees to fulfill the following obligations:

– Contribute the amount they wish to include in the Earn product service.
– Provide the Lender with any relevant information.
– Accept and comply with all terms of this Contract.
– Always act in good faith.

CRIPTAIN OBLIGATIONS
Criptan agrees to fulfill the following obligations:

– Provide the necessary information requested accurately;
– Provide the User with any relevant information about the acquisition of the goods or services.
– Proceed with the payment of the agreed amounts within the agreed timeframe as specified in the Financing Features.
– Always act in good faith.

PRINCIPAL PLUS INTEREST PAYMENTS

Criptan shall proceed with the payment of the agreed amount, consisting of the sum contributed by the User plus the agreed interest, through the User’s Savings+ account on the Criptan platform and within the agreed timeframe.

The repayment of the principal contributed by the User will take place after 182 calendar days have elapsed, starting from the first Friday following the User’s deposit, as explained in CLAUSE FOUR.

Interest payments will be distributed on a weekly pro rata basis. Therefore, every Friday from 17:30 CET, and within a maximum of one hour, 1/26 of the total interest corresponding to the full term of the loan will be paid.

Criptan may make the payment in advance; however, the agreed interest will remain unchanged.

FORCE MAJEURE
Criptan, under Article 1105 of the Civil Code, is exempt from any delay or non-compliance with this Contract to the extent that such delay or non-compliance is caused by a fortuitous event or any other unforeseeable cause, which if foreseeable, is inevitable, as it is of external origin and beyond Criptan’s reasonable control and good faith diligence.

Any delay or non-compliance within these external origin assumptions will suspend Criptan’s obligations to fulfill this Contract until the cause of delay or non-compliance is removed.
 
These are exceptional circumstances, whose occurrence is improbable. Examples include:

– Strikes, lockouts, or other protest measures;
– Civil unrest, riot, invasion, terrorist threat or attack, war (declared or undeclared), or preparations for war;
– Fire, explosion, storm, flood, earthquake, subsidence, epidemic, pandemic, or any other natural disaster;
– Impossibility of using public or private telecommunications systems, e.g., Ethereum network outages.
– Acts, decrees, legislation, regulations, or restrictions of any government or public authority.

DATA PROTECTION
Following the General Data Protection Regulation and other applicable regulations, Criptan informs Users that personal data provided through the Platforms or by email will be processed by Criptan as the data controller per Criptan’s Privacy Policy.

Additionally, Criptan informs the User that the acquisition or sale of bitcoins and other crypto-assets may be registered on a public Blockchain. Public blockchains operate as ledgers intended to immutably record transactions on computer networks. Many public blockchains enable forensic analysis that can lead to deanonymization and the unintended disclosure of private financial information, especially when blockchain data is combined with other data.

Since blockchains are decentralized or third-party networks not controlled or operated by Criptan, Criptan cannot delete, modify, or alter any personal data stored on such networks.

APPLICABLE LAW AND COMPETENT COURT
The transaction is understood to be carried out in Spanish territory, so these Terms and Conditions are governed by Spanish law, without prejudice to Article 6.2 of Regulation 593/2008 of the European Parliament and Council.

In case of dispute, for clients operating outside the scope of their professional or business activity, both parties agree to submit, waiving any other jurisdiction, to the courts of the User’s domicile.

In case of dispute, for clients operating within the scope of their professional or business activity, both parties agree to submit, waiving any other jurisdiction, to the courts of Valencia.

Lastly, we remind clients that if they wish to submit a complaint about any contractual relationship incident, they may do so by filling out the following electronic form.

APPLICATION OF THE TERMS AND CONDITIONS
For aspects not covered by these Contracting Conditions, the provisions of the General Terms and Conditions of Use shall apply.

TERMS AND CONDITIONS OF THE EARN 360 SERVICE

This document regulates the contracting conditions of the “Earn 360” services through the CRIPTAN web and mobile application (hereinafter, jointly the “Platforms”).

Please read these contracting conditions carefully (hereinafter, the “Contracting Conditions”) before making any purchase or using any service. In this regard, you agree to be bound by these Contracting Conditions and should not contract any service on the Platforms if you do not agree with all of the Contracting Conditions.

The language in which the contracting process will be carried out and in which these Contracting Conditions are formalized will be Spanish, unless otherwise indicated.

IDENTIFICATION

These Specific Terms and Conditions of the Earn 360 product govern the contractual relationship between you and Criptan Global, S.A., a company domiciled in Panama and belonging to the Criptan Group (hereinafter, “Criptan”).

You and Criptan are hereinafter referred to individually as the “Party” and collectively as the “Parties,” with respect to your use of the Earn 360 product.

To contact Criptan, please reach out via email at [email protected].

OBJECT
The purpose of these Contracting Conditions is to regulate the legal relationship between Criptan and the User.

SERVICE MECHANICS

– The User may access the performance and duration terms through the channels enabled for this purpose on the Platforms.

– If the User agrees with the conditions set forth above, they may contribute the cryptocurrency of their choice from the following: USDC, EUR (EURC), BTC, or ETH. The User may contribute the desired amount through the procedures made available on the Platforms.

– If the User decides to invest Euros in Earn, the currency conversion from EUR to EURC will take place at the time of investment.

– The minimum and maximum contribution limits will be those established in the “Rewards and Commissions” section within the “Criptan Earn” area of the Platform’s website.

– The Financing Terms will be calculated based on Criptan’s liquidity needs and the average interest rates applicable to this type of business.

– Upon acceptance of the Financing Terms, the funds deposited by the User will be locked until the maturity date stated in the communication.

– Criptan shall be obliged to return to the User, within the agreed timeframes, the full amount contributed by the User, plus the interest previously agreed between the Parties, as outlined in the communication regarding the Financing Terms.

– Both the principal and the interest shall be returned in the currency selected by the User.

– Both the principal and the interest shall be returned to the User’s Savings+ account.

– All specific elements of the Contract, as defined by Criptan in the corresponding annexes, must have been accepted by the Parties after the acceptance of this Contract.

DURATION

The contractual term will begin on the first Friday at 00:00 UTC following the User’s consent. The contract will expire after 364 calendar days. On the expiration date, Criptan will proceed to return the principal to the Savings+ account.

At the time of contracting, the User will have the option to select an automatic renewal of the loan. That is, the User may choose to have a new loan automatically contracted under the same conditions and amounts upon expiration of the initial term.

USER OBLIGATIONS
The User agrees to comply with the following obligations:
– Deposit the amount indicated in clause 1.2 of this Contract.
– Provide the Lender with any relevant information.
– Accept and comply with all terms of this Contract.
– Act in good faith at all times.

CRIPTRAN OBLIGATIONS
Criptan agrees to comply with the following obligations:
– Provide the necessary information requested accurately;
– Provide the User with any relevant information regarding the acquisition of the good or service.
– Make payments as agreed in the Financing Characteristics within the specified timeframe.
– Always act in good faith.

PAYMENT OF PRINCIPAL AND INTEREST

Criptan shall proceed with the payment of the agreed amount, consisting of the sum contributed by the User plus the agreed interest, through the User’s Savings+ account on the Criptan platform and within the agreed timeframe.

The repayment of the principal contributed by the User will take place after 364 calendar days have elapsed, starting from the first Friday following the User’s deposit, as explained in CLAUSE FOUR.

Interest payments will be distributed on a weekly pro rata basis. Therefore, every Friday from 17:30 CET, and within a maximum of one hour, 1/52 of the total interest corresponding to the full term of the loan will be paid.

Criptan may make the payment in advance; however, the agreed interest will remain unchanged.

FORCE MAJEURE
Criptan, by virtue of Article 1105 of the Civil Code, is exempt from any delay or breach of this Contract to the extent that such delay or breach is caused by a fortuitous event or any other unforeseen cause, or, if it could have been foreseen, is inevitable due to being external in origin and beyond Criptan’s reasonable control and its diligence guided by good faith. Any delay or breach falling within these external causes will suspend Criptan’s obligations to fulfill this Contract until the cause of the delay or breach is resolved. It should be noted that these are exceptional circumstances, whose occurrence is unlikely. For example:
– Strikes, lockouts, or other industrial actions;
– Civil unrest, riots, invasion, threat or terrorist attack, war (whether declared or not) Threat or preparation of war;
– Fire, explosion, storm, flood, earthquake, subsidence, epidemic, pandemic, or any other natural disaster;
– Inability to use public or private telecommunications systems, for example, Ethereum network outages or failures.
– Acts, decrees, legislation, regulations, or restrictions of any government or public authority.

DATA PROTECTION
In accordance with the General Data Protection Regulation and other applicable regulations, Criptan informs Users that the personal data provided through the Platforms or by sending emails will be processed by Criptan as the data controller in accordance with Criptan’s Privacy Policy.

Likewise, Criptan informs the User that the purchase or sale of bitcoins and other crypto assets may be recorded on a public Blockchain. Public blockchains operate as ledgers intended to immutably record transactions on computer network systems. Many of these public blockchains allow forensic analysis that may lead to deanonymization and the inadvertent disclosure of private financial information, especially when blockchain data is combined with other data.

Since blockchains are decentralized or third-party networks that are not controlled or operated by Criptan, Criptan cannot delete, modify, or alter, if applicable, personal data stored on such networks.

APPLICABLE LAW AND COMPETENT COURT
The transaction is understood to have been made in Spanish territory, so these Terms and Conditions are governed by Spanish law, notwithstanding Article 6.2 of Regulation 593/2008 of the European Parliament and of the Council.

In case of dispute, for clients operating outside the scope of their professional or business activities, both parties agree to submit, waiving any other jurisdiction that may correspond to them, to the jurisdiction of the Courts and Tribunals of the User’s domicile.

In case of dispute, for clients operating within the scope of their professional or business activities, both parties agree to submit, waiving any other jurisdiction that may correspond to them, to the jurisdiction of the Courts and Tribunals of Valencia.

Finally, we remind clients that, if they wish to file a claim for any incident in the contractual relationship, they can submit the appropriate claim by completing the following electronic form.

APPLICATION OF THE TERMS AND CONDITIONS
For aspects not covered in these Contracting Conditions, the provisions in the General Terms and Conditions of Use.