1.1 Purpose and Legal Effect of These Terms

These Terms and Conditions ("Terms") establish a legally binding contract between WELLAT MARKETS INC, its shareholders, officers, directors, employees, agents, affiliates, service providers, successors, and assigns (collectively, "Wellat", "the Company", "we", "our", "us") and any individual or entity ("User", "Client", "you", "your") that accesses or uses the Company's digital platforms, websites, trading systems, mobile applications, software, APIs, or any products or services offered by Wellat (collectively, the "Platform").

1.6 No Waiver of Rights

Failure by WELLAT MARKETS INC to enforce any provision of these Terms at any time shall not be interpreted as a waiver of any rights, remedies, or future enforcement. All rights remain fully reserved.

1.8 Nature of the Relationship

These Terms do not create any partnership, joint venture, employment relationship, fiduciary duty, agency, or advisory relationship between the User and the Company.

1.9 Binding Electronic Communications

Any message, instruction, or agreement communicated electronically including through the Platform, email, or any other digital means shall have the same legal effect as a written, signed document.

1.10 Survival

Clauses relating to risk disclosures, limitations of liability, indemnity, governing law, dispute resolution, user warranties, and intellectual property shall survive termination of your account and continue to bind you.

2.1 Corporate Information

WELLAT MARKETS INC ("Wellat") is a legally incorporated entity under the laws of the Republic of Panama.

4.1 Account Registration Requirements

WELLAT MARKETS INC requires all Users to create an account before accessing any Services. Users must provide accurate identifying information, including but not limited to full legal name, date of birth, nationality, contact details, and any other details requested during registration. WELLAT MARKETS INC reserves the right to refuse registration at its sole discretion.

4.2 Mandatory KYC Verification (Panama & Global Standards)

In compliance with Panama Law (including Law 23 on AML/CFT obligations) and global financial crime standards, all Users must complete mandatory Know Your Customer verification. Users must submit government-issued identification, proof of address, and any additional documents required to verify identity and lawful source of funds. WELLAT MARKETS INC may use third-party verification providers to complete the process.

4.3 Ongoing AML/CFT Monitoring

WELLAT MARKETS INC conducts continuous monitoring of all accounts and transactions to detect suspicious activity in accordance with AML/CFT laws. All transactions may be reviewed, flagged, delayed, or reported to relevant authorities where necessary. Users acknowledge that compliance investigations may result in temporary restrictions or delays.

4.4 Enhanced Due Diligence (EDD)

WELLAT MARKETS INC may apply Enhanced Due Diligence where a User presents higher AML/CFT risk, including but not limited to high-value transactions, politically exposed persons (PEPs), cross-border activity, unusual transaction patterns, or concerns regarding source of funds. Additional documentation may be required, and failure to provide it may result in suspension.

4.5 Sanctioned Individuals and Entities

The platform does not onboard or provide Services to persons or entities listed on sanctions lists including OFAC, UN, EU, HMT, or other international sanctions authorities. If a User becomes subject to sanctions, WELLAT MARKETS INC may immediately freeze, suspend, or terminate access to the Services.

4.6 Accuracy of Information and User Obligations

Users must ensure that all information submitted during registration and verification remains accurate and updated. Users must promptly notify WELLAT MARKETS INC of any changes. Providing falsified, expired, or misleading information is strictly prohibited and grounds for immediate suspension.

4.7 Account Suspension for Non-Compliance

WELLAT MARKETS INC may suspend, restrict, or terminate an account where a User fails to complete verification, refuses to provide additional documents, engages in suspicious activity, or breaches AML/CFT requirements. Users acknowledge that compliance obligations override withdrawal or transaction requests.

5.1 User Account Types

Wellat Markets Inc provides multiple account types to accommodate different categories of Users. The availability of each account type may depend on the User's jurisdiction, verification status, and risk assessment. These account types may include individual accounts, corporate accounts, and specialized accounts for advanced or institutional Users, as applicable. Wellat Markets Inc reserves the right to define, modify, restrict, or discontinue any account type at its discretion.

5.2 Account Credentials and Security Obligations

Users are solely responsible for maintaining the confidentiality of all login credentials associated with their accounts, including usernames, passwords, and any authentication details. Users must implement appropriate security measures such as secure device usage, strong passwords, and avoiding sharing credentials with any third party. Any activity conducted through a User's account will be deemed to have been performed by the registered User, and Wellat Markets Inc shall not be liable for losses arising from compromised access due to the User's negligence.

5.3 Unauthorized Access and Security Breaches

Users must immediately notify Wellat Markets Inc if they suspect any unauthorized access, security breach, or compromise of their account credentials. Wellat Markets Inc may take immediate action to restrict, freeze, or suspend affected accounts to protect the User and the platform. The Company is not responsible for losses incurred before a breach is reported or for incidents arising from malware, insecure networks, compromised devices, or third-party interference beyond its control.

5.4 Multi-Factor Authentication

Wellat Markets Inc may require Users to activate and use multi-factor authentication as an enhanced security measure. Depending on the User's jurisdiction or risk profile, the use of such authentication may be mandatory. Failure to enable or maintain required security settings may result in access limitations, restrictions on withdrawals, or temporary account suspension.

5.5 Account Freezing, Restriction, and Termination

Wellat Markets Inc reserves the right to freeze, restrict, or terminate any User account when necessary to comply with legal obligations, prevent fraud, mitigate financial crime risks, protect the platform's integrity, or address violations of these Terms. Such measures may be applied without prior notice if immediate action is required. During a freeze or restriction, access to trading, withdrawals, deposits, or other features may be temporarily or permanently disabled. Decisions taken under this clause are at the sole discretion of Wellat Markets Inc and may be based on internal risk assessments, compliance requirements, or regulatory directives.

6.1 Accepted Deposit Methods

Wellat Markets Inc may support a variety of deposit methods, including cryptocurrency transfers, third-party payment processors, e-wallet providers, and other funding channels determined suitable by the Company. Availability may differ depending on the User's jurisdiction, verification level, and risk profile. Wellat Markets Inc may add, modify, restrict, or discontinue deposit methods at any time without prior notice. Users are responsible for ensuring that deposits are made using correct wallet addresses, payment instructions, and compliant funding routes.

6.2 Cryptocurrency Deposits

Users may deposit supported cryptocurrencies into their accounts by transferring funds to the designated wallet address provided by Wellat Markets Inc. Deposits sent to incorrect or outdated wallet addresses may result in permanent loss of funds. The Company does not guarantee retrieval of assets sent to the wrong address. All cryptocurrency deposits are considered final and irreversible once broadcast to the blockchain network. Network delays, congestion, or technical issues may affect the crediting of deposits, and Wellat Markets Inc shall not be liable for such delays.

6.3 Blockchain Confirmation Policy

Crediting of cryptocurrency deposits depends on the number of confirmations required by the blockchain network and internal risk systems. The number of required confirmations may vary depending on the asset type, network congestion, and security assessments. Deposits will only be available for trading or withdrawal after the required confirmations have been met and internal risk reviews are complete. Wellat Markets Inc may extend confirmation requirements at its discretion to protect against double-spending, fraud, or suspicious activity.

6.4 Deposit Limits and Fees

Minimum and maximum deposit limits may apply depending on the User's verification level, account type, funding method, and risk assessment. Deposit-related fees may be charged by external service providers, payment processors, blockchain networks, or banks. Wellat Markets Inc does not control such third-party fees and shall not be responsible for deductions, delays, or additional charges imposed by external entities. The Company may introduce or modify its own deposit fees at any time.

6.5 Third-Party Payment Risks

Deposits made through third-party payment processors, e-wallets, exchanges, or custodial services carry inherent risks, including processing delays, freezes, failed transactions, or compliance checks conducted by such providers. Wellat Markets Inc shall not be liable for losses, delays, or complications arising from third-party failures, technical issues, chargebacks, or disputes. Users agree not to initiate chargebacks or reversals without the Company's prior written approval. Unauthorized reversals may result in account suspension and recovery actions.

6.6 Identity and Source of Funds Verification

Wellat Markets Inc may require Users to verify the origin, purpose, and lawful nature of deposited funds in accordance with Panama's AML/CFT regulations and global compliance standards. Users must provide documentation or evidence supporting the legitimacy of their deposits. Failure to provide requested information may result in delayed crediting, freezing of funds, return of deposits, or account suspension. The Company may report suspicious deposits to relevant authorities when legally required.

6.7 Rejected or Returned Deposits

Wellat Markets Inc may reject or return deposits at its discretion, including when deposits originate from prohibited jurisdictions, anonymous sources, mismatched accounts, unauthorized third-party wallets, or high-risk payment channels. Returned funds may be subject to network fees, banking charges, and administrative costs. The Company is not responsible for losses resulting from rejected deposits, incorrect transfer details, or User negligence. Any deposit suspected of fraud, money laundering, sanctions violations, or other unlawful activities may be retained pending investigation.

7.1 Withdrawal Procedures

Users may request withdrawals through their account dashboard by selecting a supported withdrawal method and providing the required wallet or account details. All withdrawal requests must be initiated by the verified account holder and may require additional authentication to complete.

7.2 Withdrawal Processing Times

Withdrawal processing times vary based on the payment method, blockchain network activity, compliance checks, and internal security protocols. While most withdrawals are processed promptly, the Company does not guarantee instant processing and may require additional time during peak periods or when heightened risk controls are applied.

7.3 Withdrawal Restrictions (Compliance, Risk, Fraud Checks)

The Company may delay, review, or restrict withdrawals to comply with applicable laws, including anti-money laundering (AML) and counter-terrorism financing (CTF) requirements. Withdrawals may also be paused if unusual activity, potential fraud, or security concerns are detected.

7.4 Fees and Network Charges

Users are responsible for all applicable withdrawal fees, including blockchain network fees, exchange charges, and service-related fees. Fees are disclosed at the time of the request and may fluctuate based on real-time network conditions.

7.5 Wallet Verification Requirements

For security and compliance, users may be required to verify ownership of the receiving wallet or account before a withdrawal is completed. This may involve submitting additional documentation or completing authentication steps.

7.6 Anti-Fraud and Safety Holds

The Company may place temporary holds on withdrawals if a transaction triggers automated security alerts, risk scores, or compliance flags. Holds remain in place until the Company completes necessary reviews to confirm that the withdrawal is legitimate and authorized.

7.7 Compliance Reasons for Denied Withdrawals

A withdrawal request may be denied if it violates legal, regulatory, or internal policy requirements. This includes suspected illegal activities, failure to pass AML/CTF checks, unverifiable source of funds, mismatched wallet details, or incomplete account verification. Users will be notified when withdrawals are denied unless prohibited by law or security protocols.

8.1 Nature of Trading on Wellat Markets Inc

Wellat Markets Inc provides Users with access to a range of trading services, including spot trading, cryptocurrency trading, and other financial instruments approved by the Company. All trading is executed through the platform and Users are responsible for understanding the mechanics, risks, and outcomes of each trade. Wellat Markets Inc acts as the facilitator of the platform and does not assume responsibility for Users' trading decisions.

8.2 Available Markets and Instruments

The platform may offer access to multiple markets and trading instruments, including digital assets, cryptocurrency pairs, derivatives, and other financial products approved by Wellat Markets Inc. The availability of instruments may vary by jurisdiction, account type, and verification level. Wellat Markets Inc reserves the right to add, modify, suspend, or remove instruments at any time without prior notice.

8.3 Order Types

Users may place various order types as defined by the platform, including market, limit, stop-loss, and other advanced orders. The availability of certain order types may depend on account type, verification status, or regulatory restrictions. Wellat Markets Inc does not guarantee the execution of any order type under all market conditions.

8.4 Execution Policy

All trades are executed according to the Company's execution policy, which prioritizes best-effort execution, speed, and fairness. Execution may be affected by market liquidity, volatility, network delays, and third-party service providers. Wellat Markets Inc does not guarantee execution at a specific price or time.

8.5 Slippage, Delays, and Market Volatility

Slippage may occur due to market conditions, price volatility, or network latency. Wellat Markets Inc is not liable for any financial impact caused by slippage, execution delays, or sudden market movements. Users acknowledge that cryptocurrency and derivative markets are highly volatile and may result in rapid and substantial gains or losses.

8.6 Market Data Accuracy Disclaimer

Market data, pricing, and charts provided on the platform are sourced from internal systems and external providers. Wellat Markets Inc does not guarantee accuracy, completeness, or timeliness of data and is not responsible for decisions based on errors or discrepancies in market information.

8.7 Leveraged Trading, CFDs, or Derivatives (If Any)

If leveraged instruments, Contracts for Difference (CFDs), or other derivatives are offered, Users must understand the increased risk of loss associated with margin and leverage. Trading with leverage may amplify gains as well as losses, potentially exceeding the initial investment. Wellat Markets Inc is not responsible for losses arising from leveraged positions.

8.8 Liquidation and Margin Requirements

For accounts engaging in margin or leveraged trading, Users are responsible for maintaining sufficient collateral to meet margin requirements. Wellat Markets Inc reserves the right to liquidate positions automatically to manage risk exposure. Users acknowledge that liquidation may occur without prior notice and may result in significant loss.

8.9 Risks Associated with Cryptocurrency Trading

Cryptocurrency trading involves risks including market volatility, liquidity constraints, regulatory changes, cybersecurity threats, and technological failures. Users accept that trading may result in partial or total loss of funds. Wellat Markets Inc disclaims liability for losses resulting from trading activities or external market conditions.

9.1 Nature of Copy Trading

Copy trading allows Users to automatically replicate the trades of designated strategy providers on the platform. Users retain full control over the allocation of funds, selection of strategies, and risk management. Wellat Markets Inc acts solely as a technology provider facilitating the copy trading process and does not manage Users' portfolios or provide personalized investment advice.

9.2 No Guarantee of Performance

Wellat Markets Inc does not guarantee profits or performance outcomes from copy trading. Past performance of any strategy provider does not predict future results. Users acknowledge that gains and losses are solely the responsibility of the User and that the Company is not liable for financial outcomes resulting from copied trades.

9.3 Auto-Copy Mechanisms

Trades executed by selected strategy providers may be automatically mirrored to the User's account according to predefined parameters. Users must configure settings, allocation percentages, and stop-loss limits responsibly. The Company is not responsible for errors in auto-copy execution caused by network issues, platform downtime, or third-party provider actions.

9.4 Allocation of Funds

Users determine the portion of their account funds allocated to copy trading strategies. Allocation changes, adjustments, or withdrawals may affect execution. Wellat Markets Inc does not provide investment recommendations regarding allocation levels and is not liable for resulting losses.

9.5 Modifying or Stopping a Copy Relationship

Users may modify, pause, or terminate a copy relationship at any time. Changes are applied based on system processing times, and the Company does not guarantee immediate reflection in the User's account. Any open trades at the time of modification remain subject to market conditions.

9.6 Responsibilities of Strategy Providers

Strategy providers are independent Users offering trading strategies. Wellat Markets Inc does not control their actions, provide advice, or guarantee performance. Users should conduct due diligence before selecting strategy providers. The Company disclaims liability for actions, omissions, or losses caused by strategy providers.

9.7 Risks Specific to Copy Trading

Copy trading carries risks including but not limited to market volatility, delayed execution, provider underperformance, systemic errors, and unforeseen technical failures. Users acknowledge that copy trading may amplify losses in proportion to allocation size and trading frequency.

9.8 User Acknowledgment of Loss Risks

By engaging in copy trading, Users expressly acknowledge and accept the inherent risk of financial loss. Wellat Markets Inc emphasizes that Users are responsible for monitoring their accounts, understanding their risk exposure, and making independent investment decisions.

9.9 Wellat's Limited Liability in Copy Trading

Wellat Markets Inc provides copy trading as a service platform only. The Company is not responsible for trading results, financial losses, or performance of strategy providers. Any disputes between Users and strategy providers are outside the Company's control, and Users agree to waive claims against Wellat Markets Inc arising from copy trading activities.

10.1 Trading Fees

All trading activities on the platform are subject to fees as determined by Wellat Markets Inc. Fees may vary depending on the type of instrument, account type, trading volume, and market conditions. Users acknowledge that fee structures may change, and the Company will provide notice of material changes where practicable.

10.2 Deposit & Withdrawal Fees

Deposits and withdrawals may incur fees, including network charges, banking fees, or administrative costs imposed by third-party service providers. Wellat Markets Inc may also impose its own fees for processing deposits or withdrawals. Users are responsible for all such fees and accept that these may vary by method or jurisdiction.

10.3 Overnight/Swap Fees (If Applicable)

Positions held overnight or beyond standard settlement periods may be subject to rollover, swap, or funding fees. Fees are calculated according to the terms displayed on the platform and may fluctuate based on market rates or interest differentials. Users acknowledge that such fees may reduce potential profits or increase losses.

10.4 Spread Policy

Wellat Markets Inc applies spreads on applicable trading instruments. Spreads may widen during periods of market volatility, low liquidity, or extraordinary events. Users accept that the Company does not guarantee fixed spreads and may adjust spreads at its discretion to reflect market conditions.

10.5 Inactivity Fees

Accounts that remain inactive for a defined period may be subject to inactivity fees. Inactivity is determined based on absence of login, trading, or deposit/withdrawal activity. Fees are deducted from the account balance and detailed on the platform. Users are responsible for maintaining activity to avoid such fees.

10.6 Fee Changes and Notice to Users

Wellat Markets Inc reserves the right to modify, introduce, or remove any fees at its discretion. The Company will provide reasonable notice of fee changes where practicable, but Users acknowledge that fee modifications may be applied immediately in certain circumstances, including regulatory compliance or operational necessity.

10.7 Tax Responsibilities

Users are solely responsible for determining and fulfilling any tax obligations arising from their use of the platform, including trading, deposits, withdrawals, and copy trading. Wellat Markets Inc does not provide tax advice and disclaims any liability for taxes, penalties, or interest incurred by Users.

11.1 Illegal or Unlawful Use

Users must not use the platform for any illegal, fraudulent, or unlawful purposes. This includes, but is not limited to, activities prohibited under Panama law or applicable international regulations. Wellat Markets Inc reserves the right to investigate and report any suspected illegal activities to relevant authorities.

11.2 Market Manipulation and Abusive Trading

Users are prohibited from engaging in activities that manipulate market prices, create artificial demand, or distort trading activity. Abusive trading practices, including wash trading, spoofing, layering, or front-running, are strictly forbidden. Violations may result in immediate account suspension, forfeiture of funds, and reporting to regulators.

11.3 Use of Automated Bots Without Authorization

Automated trading systems, bots, or scripts may only be used with explicit permission from Wellat Markets Inc. Unauthorized use of automation tools that interfere with normal platform operations, trading fairness, or system integrity is strictly prohibited.

11.4 Fraud, Money Laundering, Terrorist Financing

Users must not engage in or facilitate fraudulent activity, money laundering, terrorist financing, or other financial crimes. Wellat Markets Inc employs AML/CFT monitoring and may freeze or close accounts suspected of such activities. Suspicious activity will be reported to the relevant authorities as required by law.

11.5 Circumvention of Security Measures

Users must not attempt to bypass, disable, or compromise any security, authentication, or verification systems implemented by the platform. Attempts to exploit vulnerabilities, gain unauthorized access, or interfere with platform operations are strictly prohibited.

11.6 Usage on Behalf of Third Parties

Accounts must only be used by the registered User. Trading or operating accounts on behalf of another person, entity, or organization without prior approval from Wellat Markets Inc is prohibited. Violation may result in account suspension, fund forfeiture, and legal action.

11.7 Multi-Accounting Violations

Users are not allowed to maintain multiple accounts to manipulate promotions, trading outcomes, or platform privileges. Detection of multi-account activity may result in immediate suspension, loss of bonuses or funds, and permanent account closure.

12.1 General Bonus Policy

Wellat Markets Inc may, at its discretion, offer bonuses, rewards, promotions, referral programs, loyalty incentives, or other benefits to eligible Users. Participation is optional and subject to these Terms, platform rules, and the specific conditions of each promotion. Wellat Markets Inc reserves the right to modify, restrict, suspend, or terminate any bonus or promotional offer at any time without prior notice.

12.4 Withdrawal Restrictions from Bonuses

Funds associated with bonuses may not be withdrawable until all bonus conditions are met. Partial withdrawal of bonus funds before completion of requirements is prohibited. Wellat Markets Inc reserves the right to delay, restrict, or cancel withdrawal requests associated with bonuses if terms are not met.

12.5 Promotional Abuse and Violations

Users must not exploit bonuses, promotions, or referral programs in a manner considered abusive or fraudulent. Examples of abuse include using multiple accounts, creating artificial trading activity, or circumventing bonus conditions. Violations may result in forfeiture of bonuses, suspension or termination of accounts, and recovery of improperly obtained funds.

12.6 Termination or Modification of Bonuses

Wellat Markets Inc reserves the right to terminate, suspend, or modify any bonus, promotion, or reward program at any time, including after a User has received a bonus, to comply with regulatory, operational, or risk management requirements. Users acknowledge that the Company's discretion in modifying promotions is final and binding.

13.1 Ownership of Technology and Content

All technology, software, trading infrastructure, and content provided on or through the Wellat Markets Inc platform are owned, licensed, or otherwise controlled by the Company. Users acknowledge that all rights, title, and interest in the platform, including updates, improvements, and derivative works, remain the exclusive property of Wellat Markets Inc.

13.2 License to Use the Platform

Wellat Markets Inc grants Users a limited, non-transferable, non-exclusive license to access and use the platform for lawful personal or corporate trading purposes, subject to these Terms. Users may not reproduce, distribute, modify, or create derivative works from platform content without prior written consent from the Company.

13.4 Trademarks and Copyright

All trademarks, service marks, logos, trade names, and copyrighted content on the platform are the property of Wellat Markets Inc or its licensors. Users may not use such intellectual property without prior written permission. Unauthorized use may result in civil or criminal liability.

13.5 Third-Party Integrations

The platform may integrate third-party services, data providers, or APIs to facilitate trading and market access. Wellat Markets Inc does not guarantee the availability, accuracy, or reliability of third-party services and is not liable for errors, delays, or losses arising from their use. Users accept that third-party integrations are provided "as-is" and at the User's own risk.

14.1 General Crypto Trading Risks

Trading cryptocurrencies and other digital assets on the Wellat Markets Inc platform involves significant risks. Users acknowledge that all trades carry the potential for partial or total loss of invested funds. Wellat Markets Inc provides access to trading tools but does not guarantee any profits or returns.

14.2 Market Volatility

Cryptocurrency markets are highly volatile. Prices can fluctuate rapidly and unpredictably due to market sentiment, global events, technological changes, or regulatory announcements. Users accept that volatility may result in rapid gains or significant losses, including losses exceeding the initial investment.

14.3 Technology and System Risks

Trading on Wellat Markets Inc depends on internet connectivity, software platforms, blockchain networks, and other technologies. Platform downtime, network outages, system errors, or technical failures may prevent execution of trades or access to funds. The Company is not liable for losses caused by technology or infrastructure failures.

14.4 Third-Party Custody Risks

Funds held in third-party wallets or custody solutions carry risks related to security breaches, insolvency, hacking, or operational failure of such providers. Wellat Markets Inc is not responsible for losses incurred due to third-party custody failures.

14.5 Liquidity Risk

Certain markets or instruments may have limited liquidity, resulting in execution delays, price slippage, or inability to close positions at desired levels. Users acknowledge that lack of liquidity can magnify potential losses.

14.6 Regulatory and Legal Risks

Changes in regulations, government policies, or legal interpretations may affect trading activities, availability of instruments, or access to certain services. Wellat Markets Inc is not liable for losses resulting from legal, regulatory, or compliance changes.

14.7 Total Loss Risk Statement (Very Clear & Wellat-Protected)

Users acknowledge that trading cryptocurrencies and related instruments involves the risk of total loss of funds. Wellat Markets Inc is not responsible for any financial losses, including those arising from trading decisions, market conditions, or third-party service providers.

14.8 User Acknowledgment of High-Risk Nature

By using the platform, Users expressly confirm understanding and acceptance of the high-risk nature of trading. Users agree that they are solely responsible for assessing risks, making independent trading decisions, and managing their investments prudently.

15.1 No Financial Advice Disclaimer

Wellat Markets Inc provides access to trading tools and market information but does not provide investment, financial, tax, or legal advice. All trading decisions are made independently by Users. The Company disclaims any responsibility for decisions made based on information provided on or through the platform.

15.2 No Liability for Loss of Funds

Users acknowledge and accept that trading, depositing, or withdrawing funds involves inherent risks. Wellat Markets Inc is not liable for any loss, theft, or reduction in account value resulting from trading activities, platform use, or external factors.

15.3 No Liability for Trading Losses (VERY STRONG)

Wellat Markets Inc expressly disclaims any liability for profits or losses incurred by Users. Users accept full responsibility for all trading decisions and outcomes, including losses exceeding their initial investment. This limitation applies regardless of system errors, price discrepancies, slippage, or third-party provider actions.

15.4 Technology Failures, Hacks, and Downtime

The Company is not liable for losses resulting from hardware, software, blockchain networks, API failures, hacking, cyberattacks, or platform downtime. Users agree that they access and use the platform at their own risk and are responsible for account security measures.

15.5 Third-Party Service Providers

Wellat Markets Inc may rely on third-party providers for liquidity, pricing, custody, payment processing, and market data. The Company is not responsible for losses, delays, or inaccuracies arising from such third-party services.

15.6 Force Majeure

Wellat Markets Inc shall not be liable for any loss, delay, or failure to perform resulting from circumstances beyond its reasonable control, including but not limited to natural disasters, war, terrorism, government action, network outages, or technical failures.

15.7 Indemnity by Users

Users agree to indemnify, defend, and hold harmless Wellat Markets Inc, its affiliates, directors, employees, and agents from and against any claims, liabilities, losses, damages, costs, or expenses arising from their use of the platform, violation of these Terms, or unlawful or negligent acts.

16.1 Rights of Wellat to Freeze or Close Accounts

Wellat Markets Inc reserves the right to suspend, restrict, or close any User account at its discretion. Reasons may include, but are not limited to, suspected fraudulent activity, regulatory compliance requirements, violation of platform rules, security concerns, or operational necessity. Users acknowledge that such actions may occur without prior notice to prevent loss, misuse, or harm to the platform and its Users.

16.2 User Termination

Users may voluntarily close their account at any time by submitting a request through the platform. All open trades, pending transactions, and associated obligations must be settled prior to account closure. Wellat Markets Inc is not liable for delays or losses incurred during account closure procedures.

16.3 Dormant Accounts

Accounts that remain inactive for a defined period may be classified as dormant. Dormant accounts may be subject to temporary restrictions, inactivity fees, or additional verification requirements before access is restored.

16.4 Asset Disposal After Prolonged Inactivity

In cases of prolonged inactivity where Users cannot be contacted or verification fails, Wellat Markets Inc reserves the right to liquidate or dispose of digital assets held in the account according to applicable laws and internal policies. Users are responsible for maintaining updated contact information and account activity to prevent such outcomes.

16.5 Death or Incapacity of a User

In the event of a User's death or legal incapacity, the account may be restricted or closed. Access to funds or assets will be subject to verification of legal claims, documentation, and compliance with applicable laws. Wellat Markets Inc disclaims liability for delays or losses resulting from verification processes in such cases.

17.1 Data Collection

Wellat Markets Inc collects personal, financial, and transactional data from Users for account verification, regulatory compliance, platform operation, risk management, and service improvement. This may include identification documents, contact information, trading history, device identifiers, IP addresses, and blockchain wallet details.

17.3 Data Storage and Security

Wellat Markets Inc implements technical, administrative, and physical measures to protect User data against unauthorized access, loss, or disclosure. Data is stored securely on internal servers or through trusted third-party providers with appropriate safeguards.

17.4 Third-Party Data Sharing

User data may be shared with third parties for purposes of compliance, payment processing, trading facilitation, or as required by law. Wellat Markets Inc ensures that third parties maintain appropriate data protection standards but disclaims liability for data handling beyond its control.

17.5 User Rights Over Data

Users have the right to access, correct, or request deletion of their personal data, subject to applicable legal and regulatory retention requirements. Requests must be submitted through official channels and may require verification.

17.6 Cross-Border Data Transfer

As a global platform, Wellat Markets Inc may transfer User data across borders to countries with differing data protection standards. Users acknowledge and consent to such transfers, and Wellat Markets Inc ensures adequate safeguards are in place where required by law.

18.1 Official Communication Channels

We may contact Users through the platform dashboard, email, SMS, in-app notifications, or any other channel we designate as official. Users are responsible for maintaining accurate and accessible contact information.

18.2 Electronic Communication Consent

By using the Platform, Users consent to receive electronic communications from us, including notices, updates, confirmations, promotional messages, and legally required information. Users may opt out of non-essential communications, but cannot opt out of messages necessary for account or service operation.

18.3 Notices and Legal Communications

All notices, disclosures, statements, and legal communications provided electronically shall have the same legal effect as communications delivered in writing. Communications will be deemed received when sent, regardless of whether the User reads them.

18.4 Language of Communication

All communications, notices, and documentation will be provided in English unless otherwise stated. Users agree that English shall be the primary language governing interactions with the Platform.

19.1 Internal Complaint Handling

Before initiating any external dispute process, Users agree to first contact the Platform through the designated support channel to attempt an amicable resolution. The Platform will review and respond to complaints within a reasonable time, and both parties shall make good-faith efforts to resolve issues informally.

19.2 Mediation Procedures

If an internal resolution is not achieved, the dispute shall be submitted to mediation. Mediation will be conducted by a mutually agreed neutral mediator or, if an agreement cannot be reached, by a mediator appointed by a recognized mediation institution. The mediation process will be confidential, and each party will bear its own costs unless otherwise agreed.

19.3 Binding International Arbitration (Panama)

Should mediation fail, the dispute shall be finally resolved by binding international arbitration seated in Panama. The arbitration will be conducted under the rules of a reputable arbitral institution (such as the ICC or the Panama Arbitration Centre), in English, before a single arbitrator unless the parties agree otherwise. The arbitrator's decision shall be final, binding, and enforceable in any jurisdiction.

19.4 Waiver of Class Action Rights

Users agree that all disputes must be brought on an individual basis only, and not as a plaintiff or member of any class, consolidated, or representative action. The arbitrator has no authority to hear or decide class-wide claims.

19.5 Governing Law – Republic of Panama

These Terms and any dispute arising from or relating to the Platform, its services, or User activities shall be governed and interpreted exclusively in accordance with the laws of the Republic of Panama, without regard to conflict-of-law principles.

20.1 Grounds for Termination

Wellat may suspend or terminate a User's Account or access to the Platform at any time, with or without notice, for reasons including but not limited to: violation of these Terms; suspicious, fraudulent, or unlawful activity; non-compliance with AML/CFT requirements; inactivity; requests from regulatory authorities; or any action deemed harmful to the Platform, other users, or market integrity. Users may also terminate their Account at any time by submitting a formal request through the designated support channel.

20.2 Effect of Termination

Upon termination, the User's access to the Platform and related services will be immediately disabled. Any open orders, positions, or copy-trading relationships may be automatically closed, cancelled, or unwound at the Platform's discretion. The User remains responsible for all obligations, liabilities, and fees incurred prior to termination.

20.3 Recovery of Funds After Termination

Following termination, Users may withdraw any remaining eligible funds in accordance with the Platform's withdrawal procedures, provided all compliance checks are satisfied. Wellat reserves the right to freeze or withhold funds where required by law, regulatory inquiry, or evidence of fraud, misconduct, or unresolved disputes.

20.4 Survival of Certain Clauses

Any provisions that, by their nature, are intended to survive termination including but not limited to clauses relating to liability, indemnity, dispute resolution, intellectual property rights, and compliance obligations shall remain in full force and effect even after the Agreement is terminated.

21.1 Assignment

Users may not assign, transfer, or delegate any rights or obligations under this Agreement without the prior written consent of Wellat. Wellat may assign or transfer its rights and obligations to any affiliate, successor entity, or acquirer as part of a merger, restructuring, or corporate transaction without requiring User consent.

21.2 Entire Agreement

This Agreement, together with all referenced documents, policies, notices, and annexes, constitutes the entire understanding between the User and Wellat regarding the use of the Platform. It supersedes all prior discussions, representations, communications, or agreements, whether written or oral.

21.3 Severability

If any provision of this Agreement is found to be invalid, unlawful, or unenforceable, the remaining provisions shall continue to be valid and enforceable. The invalid provision will be replaced with a similar provision that reflects the original intent to the maximum extent permitted by law.

21.4 Waiver

Failure by Wellat to enforce any right or provision of this Agreement shall not constitute a waiver of such right or provision. A waiver is only effective if it is expressly stated in writing and issued by an authorized representative of Wellat.

21.5 Force Majeure

Wellat shall not be liable for delays or failure to perform its obligations where such delays or failures result from events beyond its reasonable control, including but not limited to natural disasters, war, civil unrest, labour disputes, system failures, cyberattacks, power outages, government actions, or disruptions to telecommunications or blockchain networks.

21.6 Third-Party Rights

This Agreement does not confer any rights or benefits on any third party unless expressly stated. No third party may enforce any provision of this Agreement under any applicable law relating to third-party rights.

21.7 Headings for Convenience

Section titles and headings used throughout this Agreement are for reference and convenience only. They do not affect the interpretation or meaning of any provision.

This section provides definitions of key terms used in this Agreement. These definitions apply whether the terms are used in singular or plural form.