Terms of Service
Cryptosystems - Algorithmic Trading Systems
Effective Date: March 1, 2026
1. Acceptance of Terms
By accessing or using the services provided by Meridian Data Processing LLC, a United States Company doing business as "Cryptosystems" ("we," "us," "our," or "Cryptosystems"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree, you are prohibited from using the Service.
The technology underlying the Service is developed and maintained within the European Union by our European licensor, and is provided to you under license through Cryptosystems. This Agreement is governed by the laws of the Republic of Estonia, reflecting the origin and operational base of the Service's technology (see Section 8).
By creating an account or subscribing, you represent that you are at least 18 years old and have the legal capacity to enter into this agreement.
2. Nature of Service: Software, Not Advice
Cryptosystems provides execution infrastructure and algorithmic models for digital asset markets.
We are NOT:
A financial advisor, broker-dealer, investment fund, or registered investment adviser under the U.S. Investment Advisers Act of 1940 or any similar regulation.
We DO:
Provide software tools that allow you to automate your own trading strategies based on pre-defined logic.
Deliver compiled, executable systems for deployment on your own infrastructure using your own exchange accounts and API credentials.
Key Principles:
No Fiduciary Duty: Using our software does not create a fiduciary relationship. You retain full custody and full responsibility for all investment decisions.
Non-Custodial: We never take custody of your digital assets, API keys, exchange credentials, or wallet private keys.
No Execution Authority: We do not execute trades on your behalf. Our software operates on your infrastructure under your sole control. You are solely responsible for reviewing, approving, and activating all system configurations before live deployment. The decision to deploy and run any trading system is exclusively your own act.
Client-Side Deployment: You deploy and operate our systems on your own servers, cloud infrastructure, or local machines.
3. Risk Disclosure
Trading cryptocurrencies and digital assets involves a high degree of risk. You acknowledge and accept the following:
Capital Loss: You may lose some or all of your invested capital. Past performance is not indicative of future results.
Market Risk: Cryptocurrency markets are highly volatile. Flash crashes, exchange outages, and sudden illiquidity events can occur without warning.
No Guarantees: We make no guarantees about profitability, risk-adjusted returns, maximum drawdown, or any other performance metric. Backtests, forward tests, and simulated results do not guarantee live performance.
Software Bugs: No software is perfect. Our systems may contain bugs, errors, or performance issues that could result in unintended trading behavior or financial losses.
Third-Party Dependencies: Our systems rely on third-party APIs, exchanges, data feeds, and infrastructure. We are not liable for failures, outages, rate limits, or data inaccuracies from these providers.
Regulatory Risk: Cryptocurrency regulations vary by jurisdiction and are subject to change. You are solely responsible for ensuring compliance with laws applicable to you.
Execution Risk: Order execution, slippage, fees, and latency are beyond our control and may impact performance.
4. User Responsibility & Sovereignty
You acknowledge that you operate the software at your own risk and under your own control.
4.1 Non-Custodial Principle
You acknowledge that Cryptosystems never takes custody of your assets. You maintain exclusive control over your exchange accounts, wallets, and private keys.
4.2 Security
You are solely responsible for:
The security of your exchange accounts, API keys, and credentials;
Proper configuration of API permissions and risk limits;
Monitoring your systems for unauthorized access or anomalous behavior;
Maintaining backups and disaster recovery plans.
4.3 Compliance
You are solely responsible for ensuring that your use of the Service complies with all applicable laws and regulations in your jurisdiction, including but not limited to:
Securities and commodities laws (e.g., U.S. CFTC regulations);
Anti-money laundering (AML) and know-your-customer (KYC) requirements;
Tax reporting and payment obligations.
4.3.1 Sanctions Compliance and Restricted Jurisdictions
By using the Service, you represent and warrant that:
You are not listed on, owned or controlled by any person or entity listed on, the U.S. Office of Foreign Assets Control (OFAC) Specially Designated Nationals and Blocked Persons List (SDN List), or any equivalent sanctions list maintained by the European Union, United Nations, or United Kingdom;
You are not located in, organized under the laws of, or ordinarily resident in any country or region subject to comprehensive U.S. sanctions, including Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions;
You will not use the Service to transact with, or for the benefit of, any sanctioned person, entity, or jurisdiction.
We reserve the right to screen account information against applicable sanctions lists and to block access from restricted jurisdictions. If we determine, in our sole discretion, that you may be in violation of applicable sanctions, we may immediately suspend or terminate your account without prior notice. Any subscription fees paid are non-refundable in such circumstances.
4.4 Trading Decisions
You acknowledge that all trading decisions are your own. We provide tools; you provide the capital, risk tolerance, and strategic direction.
4.5 Intellectual Property Protection
You acknowledge that our software contains proprietary algorithms, trade secrets, and confidential business methods.
No Reverse Engineering: You agree not to reverse engineer, decompile, disassemble, or attempt to derive source code from our compiled systems.
No Source Code Access: We do not provide source code, and you have no right to demand source code under any circumstances, including in connection with disputes, litigation, regulatory inquiries, or discovery proceedings.
Confidential Treatment: If you receive any proprietary information about our systems (e.g., through support communications or documentation), you agree to maintain strict confidentiality and not disclose such information to third parties without our prior written consent.
5. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW:
5.1 Exclusion of Consequential Damages
Cryptosystems, its parent companies, subsidiaries, affiliates, directors, officers, employees, contractors, and licensors (collectively, "Cryptosystems Parties") shall NOT be liable for:
Any indirect, incidental, special, consequential, or punitive damages;
Loss of profits, revenue, data, business opportunities, or goodwill;
Trading losses, whether realized or unrealized;
Losses resulting from exchange downtime, API failures, network latency, or connectivity issues;
Losses resulting from user error, including incorrect API permissions, leverage settings, position sizing, or system configuration;
Losses resulting from market volatility, flash crashes, liquidity events, or abnormal market conditions;
Losses resulting from third-party acts, including hacking, exchange insolvency, regulatory intervention, or force majeure events;
Damages arising from software bugs, errors, or failures to meet expected performance.
5.2 Cap on Liability
The total aggregate liability of Cryptosystems Parties to you for any and all claims arising from your use of the Service, whether in contract, tort, or otherwise, shall not exceed the total subscription fees you paid to us in the six (6) months immediately preceding the event giving rise to the claim, or USD 5,000, whichever is greater.
5.3 Basis of the Bargain
You acknowledge and agree that these limitations of liability are fundamental elements of the bargain between you and Cryptosystems. The Service would not be economically feasible for us to provide without these limitations.
5.4 Jurisdictional Variations
Some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages. In such jurisdictions, the liability of Cryptosystems Parties shall be limited to the maximum extent permitted by applicable law.
6. Subscription & Cancellation
6.1 Billing
Services are billed on a recurring monthly or annual basis, depending on your selected plan. All fees are in USD.
6.2 Cancellation
You may cancel your subscription at any time by contacting your desk agent or via email to access@cryptosystems.org. Access will continue until the end of the current billing cycle. No partial refunds are provided for monthly subscriptions.
6.3 Refunds
30-Day Satisfaction Guarantee: If, within the first 30 days following initial deployment, you determine that the Service does not align with your trading strategy, you may request a full refund. Refund requests must be submitted in writing to access@cryptosystems.org. The day of the email sent is crucial.
After 30 Days: No refunds for monthly subscriptions. Fees paid are non-refundable except as specified in this section.
Annual Subscriptions: Annual subscribers who cancel within the 30-day satisfaction guarantee period receive a full refund. Annual subscribers who cancel after the 30-day window will receive a refund for fully unused future billing months only. All begun billing months are non-refundable.
Refunds are processed within 72 hours of approval using the original payment method.
6.4 Non-Payment
Failure to pay subscription fees on time may result in suspension or termination of access without notice.
6.5 Fee Adjustments
Cryptosystems reserves the right to adjust subscription fees at any time. We will provide at least thirty (30) days' written notice before any fee change takes effect. The adjusted fee will apply from the start of your next billing cycle following the notice period.
If you do not agree to the adjusted fee, you may cancel your subscription before the new fee takes effect, in accordance with Section 6.2. Continued use of the Service after the adjusted fee takes effect constitutes acceptance of the new fee.
Promotional or loyalty discount rates (e.g., Founder's Circle pricing) are defined as a percentage discount off the then-current standard rate, not as a fixed nominal amount. Adjustments to the standard rate will proportionally adjust promotional pricing.
6.6 Termination by Cryptosystems for Convenience
We may terminate your subscription for any reason by providing at least thirty (30) days' written notice to your registered email address. Upon such termination, we will refund a pro-rata portion of any prepaid fees for the unused remainder of your current billing period, calculated from the effective date of termination.
6.7 Termination by Cryptosystems for Cause
We may terminate your subscription immediately and without notice if you breach any material term of this Agreement, including but not limited to:
Violation of the intellectual property protections in Section 4.5;
Breach of confidentiality or non-disclosure obligations in Section 9;
Use of the Service for any unlawful purpose;
Providing false or misleading information during registration or onboarding;
Conduct that threatens the security, integrity, or availability of our systems or other users' systems.
In the event of termination for cause, for monthly subscribers, no refund of any fees shall be due. For annual prepayment subscribers, we may retain up to three (3) months' worth of fees as liquidated damages, and shall refund the remainder of the prepaid balance for the unused portion of the subscription term.
6.8 Discontinuation of Service
We reserve the right to discontinue the Service entirely by providing at least thirty (30) days' written notice to all active subscribers. Upon discontinuation, we will refund a pro-rata portion of any prepaid fees for the unused remainder of each subscriber's current billing period.
6.9 Effect of Termination
Upon termination or expiration of your subscription for any reason:
Your license to use the Service is immediately revoked;
You must cease all use of our software and systems;
The obligations in Sections 4.5 (Intellectual Property Protection), 5 (Limitation of Liability), 8 (Dispute Resolution), and 9 (Confidentiality) shall survive termination indefinitely.
7. Amendments
We reserve the right to modify these Terms at any time. We will notify you of material changes by:
Email to your registered address; or
Posting a prominent notice on our website.
Notice will be provided at least 30 days before the changes take effect, except where immediate changes are required by law.
Continued use of the Service after the effective date constitutes acceptance of the revised Terms. If you do not agree to the changes, you must discontinue use and cancel your subscription before the effective date.
8. Dispute Resolution & Governing Law
8.1 Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the Republic of Estonia, without regard to its conflict of law principles. The United Nations Convention on Contracts for the International Sale of Goods (CISG) shall not apply.
8.2 Mandatory Arbitration
Any dispute, controversy, or claim arising out of or relating to this Agreement, your use of the Service, or the breach, termination, or invalidity of this Agreement, shall be resolved exclusively through binding arbitration in Tallinn, Estonia, administered by the Estonian Court of Arbitration under its Rules of Arbitration.
8.3 Arbitration Procedures
Language: The arbitration shall be conducted in English.
Arbitrator: The dispute shall be decided by a single arbitrator mutually agreed upon by the parties within thirty (30) days of the initiation of arbitration. If no agreement is reached, the Estonian Court of Arbitration shall appoint the arbitrator.
Award: The arbitrator's award shall be final and binding. The parties agree to waive any right of appeal to the fullest extent permitted by applicable law. The award may be entered as a judgment in any court of competent jurisdiction.
Costs: Each party shall bear its own costs, expenses, and attorneys' fees. The arbitrator may award costs to the prevailing party at their discretion.
Confidentiality: The arbitration proceedings and award shall be kept confidential by both parties.
8.4 Waiver of Class Actions
You agree that any arbitration or proceeding shall be conducted on an individual basis only, and not as a class action, consolidated action, or representative action. You expressly waive any right to participate in a class action lawsuit or class-wide arbitration.
8.5 Exceptions to Arbitration
Notwithstanding Section 8.2, either party may seek injunctive or equitable relief in the Harju County Court in Tallinn, Estonia, or any other court of competent jurisdiction in Estonia, to prevent or remedy:
Unauthorized disclosure of confidential information or trade secrets;
Infringement of intellectual property rights;
Violation of the restrictions on reverse engineering or source code access in Section 4.5.
8.6 Service of Process
You consent to service of process by email to the address you provided during registration, or by any other method permitted under Estonian law or the applicable arbitration rules.
8.7 Severability
If any provision of this dispute resolution clause is found invalid or unenforceable by a court or arbitrator, the remaining provisions shall remain in full force and effect. If the class action waiver (Section 8.4) is found invalid, the entire arbitration agreement (Section 8.2) shall be void, and disputes shall be resolved exclusively in the Harju County Court in Tallinn, Estonia.
9. Confidentiality & Data Protection
9.1 Proprietary Information
You acknowledge that our software, algorithms, trading strategies, system architecture, research methodologies, and business methods constitute valuable proprietary information and trade secrets ("Proprietary Information").
9.2 Non-Disclosure Obligation
You agree to:
Maintain the confidentiality of all Proprietary Information;
Not disclose Proprietary Information to any third party without our prior written consent;
Not use Proprietary Information for any purpose other than operating the licensed systems for your own trading activities;
Not share, sell, or redistribute our software or systems.
9.3 Response to Legal Process
If you receive a subpoena, court order, discovery request, or other legal process demanding our Proprietary Information or source code:
You shall immediately notify us in writing at access@cryptosystems.org;
You shall not voluntarily produce any Proprietary Information, and shall not produce in response to legal process until you have provided us reasonable opportunity to seek a protective order or other appropriate remedy;
You shall cooperate with us to quash, limit, or obtain a protective order for such request;
You shall assert all applicable privileges, including trade secret protection, attorney work-product doctrine, and confidentiality.
9.4 Data Protection & GDPR Compliance
We process your personal data in accordance with our Privacy Policy and applicable data protection laws, including the EU General Data Protection Regulation (GDPR) and Estonian Personal Data Protection Act.
By using the Service, you:
Consent to the processing of your personal data as described in our Privacy Policy;
Acknowledge your rights under GDPR (e.g., access, rectification, erasure, data portability);
May exercise these rights by contacting access@cryptosystems.org.
9.5 Data Residency
All customer data, including account information, usage logs, and support communications, is stored on servers located within the European Union. We do not transfer personal data to jurisdictions outside the EU without appropriate safeguards under GDPR Article 46.
10. Intellectual Property Ownership
All intellectual property rights in the Service, including software, algorithms, documentation, trademarks, and trade names, are and shall remain the exclusive property of our European licensor or its affiliates. Cryptosystems provides the Service to you under license from this entity.
You are granted a limited, non-exclusive, non-transferable, non-sublicensable license to use the Service during your active subscription. This license does not convey any ownership rights.
11. Contact Us
If you have any questions about these Terms of Service, please contact us:
Entity: Meridian Data Processing LLC (d/b/a Cryptosystems)
Email: access@cryptosystems.org
Support Hours: Monday–Friday, 9:00–17:00 CET
Registered Agent: 30 N Gould St, Sheridan, WY 82801
By using the Service, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.