Legal Status of BOTS
BOTS is the business name of the legal entity CMS Beheer B.V., registered with the Dutch Chamber of Commerce with number 71014918, at address Gedempte Oude Gracht 45-47, Haarlem, The Netherlands (hereinafter “BOTS”). Please note that BOTS is not registered/licensed as a securities broker-dealer, investment adviser, credit institution, investment service provider, or as any related company/institution with DNB, nor with the Dutch Authority for the Financial Markets, nor with any other state securities regulatory authority. BOTS is currently in the process of obtaining registration as a provider of crypto services with the DNB. For more information regarding the registration please visit: https://www.dnb.nl/toezichtprofessioneel/openbaar-register/WWFTAC/index.jsp#
Any views expressed by BOTS or the Management Board members and employees of BOTS, including temporary staff and agents of BOTS who initiate or establish Business Relationships (hereinafter “Representatives of BOTS”) do not constitute a recommendation that any particular cryptocurrency (or cryptocurrency token/asset/index), portfolio of cryptocurrencies, transaction or investment strategy is suitable for any specific person. The services and information we offer do not constitute investment advice. No representation is being made that any investment strategy will or is likely to achieve trading profits or trading losses. To the fullest extent of the law, BOTS will not be liable to any natural or legal person that uses, has used, or has expressed a desire to use the services provided by BOTS (hereinafter “Clients of BOTS”) or to any other natural or legal person for the quality, accuracy, completeness, reliability, or timeliness of the information provided on the BOTS’ website, mobile application, newsletter and by any of the Representatives of BOTS or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of the information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information).
Services provided by BOTS
The mobile application offered by BOTS allows Clients of BOTS to invest in cryptocurrencies through the investment strategies accessible on the BOTS mobile application. BOTS offers the following services: (1) platform for investing in cryptocurrencies through AI investment strategies created by third parties; (2) platform for storing cryptocurrency via the wallet 'available funds'. Please note that BOTS does not offer services related to (1) deposits and/or withdrawals of cryptocurrency; (2) mining; (3) initial coin offering (“ICOs”) and (4) financial instruments. Furthermore, BOTS does not offer cryptocurrency to any legal or natural person in exchange for completing specific tasks such as downloading any mobile applications, encouraging other users to download, posting on social networks, etc. Please note that BOTS is the facilitator of the platform. BOTS is not liable for any of the investment strategies located on the platform.
Cryptocurrency Risk Disclosure
Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are not generally backed or supported by any government or central bank. Cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. Any risk associated with cryptocurrency trading remains with the Clients of BOTS.
Past Performance of Investment Strategies
Past performance of the investment strategies which Clients of BOTS can use through the BOTS mobile application is not indicative of future results. It should not be assumed that any future performance of any investment strategy will be profitable or equal to corresponding past performance levels. Any risk associated with using investment strategies offered through the BOTS mobile application remains with the Clients of BOTS.
For any questions regarding BOTS or its services, please refer to the FAQ.