Terms and Conditions
You must read through the terms and conditions to continue
Terms of Use
This Website does not form part of the official Bullish exchange website and does not contain the terms of use of Bullish exchange services and products. This Website is provided for the informational, testing and/or evaluation purposes only. General information is provided herein about the types of trading and services that are made available or facilitated by us, but such trading and services can only be accessed through the website of the Bullish exchange, following compliance with the exchange's customer onboarding and other requirements. No trading of or services with real crypto assets or fiat currency are available through this Website. Nothing contained on this Website shall constitute an offer or invitation to participate in any type of trading or other services that we may make available or facilitate from time to time in relation to crypto assets, and such trading and other services are not, and shall not be, offered or made available through this Website.
Scope
These Terms of Use are an agreement between you and Bullish (GI) Limited (a company incorporated in Gibraltar) and its affiliates (" we ," " us ," or " our"). They govern your access to and use of the this website (URL: www.bullish.com) (the "Website") and its subdomains (which, together with the Website, shall be referred to as the " Websites"), any information, documents, text, graphics, images, photos, or other content uploaded to, downloaded from, or appearing on the Websites (collectively, the " Materials"), and any products, software, hardware authentication device, services, accounts, data feeds and tools provided by us or requested by you through the Websites (whether operated by us or otherwise) (collectively, the " Services").
By accessing or using the Services (including your access to and use of the Websites), you agree that you have read, understood and agree to be bound by these Terms of Use (including the Warning Statement which sets out risks associated with using the Websites, Materials and Services), Privacy Notice, Cookie Notice, Rules and such other rules or policies that we adopt and publish on the Websites from time to time, each of which are expressly incorporated herein by reference (which collectively constitute the " Terms"). Your access and use of the Services and Websites are conditioned on your acceptance of and compliance with these Terms and applicable laws and regulations to which you are subject. If you do not agree, accept or comply with these Terms, you must not access the Websites or utilize any of the Services.
Eligibility
By accessing the Websites, you represent and warrant that: (i) as an individual, you are at least 18 years old or are of legal age to form a binding contract under applicable laws; (ii) you have full legal capacity and all necessary authorizations to enter into these Terms; (iii) you have not been previously suspended or removed from accessing or using our Websites or Services; (iv) you are not, nor are you acting on behalf of, a user from any jurisdiction: (i) whose laws would prohibit your use of the Websites or Services or (ii) which is subject to sanctions administered or imposed by any national or international authorities.
If you are an employee or agent of a legal entity and enter into these Terms on their behalf in viewing the Websites and the Services, you represent and warrant that (i) such legal entity is duly organized and validly existing under applicable laws of the jurisdiction of its organization and (ii) you have all the necessary rights and authorizations to bind such legal entity to these Terms.
You are responsible for your use of the Websites and Services, including compliance with applicable laws. You further represent and warrant that your use of the Websites or Services will not violate any and all laws and regulations applicable to you.
We reserve the right in our absolute discretion to (i) limit the access and use of the Services to a specified number of persons, (ii) refuse to allow a user from creating an account and using the Services, and/or (iii) suspend or exclude any person from using the Services for any reason whatsoever. We may use geo-blocking and/or any other technology to prevent access to the Websites and Services by citizens and residents of and/or persons located in certain jurisdictions from time to time.
In particular, the Websites and Services are not offered to, or intended to be used by, any person or entity that is the subject of sanctions administered or enforced by any country or government or otherwise designated on any list of prohibited or restricted parties (including but not limited to the lists maintained by the United Nations Security Council, the U.S. Government, the European Union or its Member States, or other applicable government authority) or organised or resident in a country or territory that is the subject of country-wide or territory-wide sanctions. You represent and warrant that neither you nor any party with a direct or indirect beneficial interest in you or on whose behalf you are acting as agent or nominee is such a person or entity and, if applicable, you will comply with all applicable import, re-import, sanctions, anti-boycott, export, re-export and exchange control laws and regulations. If this is not accurate or you do not agree, then you must immediately cease accessing our Websites and Services.
You agree to provide such information and documentation proving your compliance with the eligibility requirements described above if required or requested by us at any time for the purposes of ascertaining your eligibility to access and use our Services.
Availability of the Websites and Services
We do not guarantee that the Websites and Services will always be available or uninterrupted. From time to time we may decide to discontinue, temporarily suspend, restrict or block access to, or use of, all or part of the Websites and Services without notice and reserve the right to do so for any reason in our sole and absolute discretion.
We also reserve the right, for any reason in our sole and absolute discretion and without notice, to: (i) disable, block or restrict any access or use of our Websites and Services by any individuals or entities; (ii) choose the markets and jurisdictions in which to make the Websites and Services available for access and use, which means that we may restrict or refuse access to the Websites or use of the Services in certain countries or regions; (iii) withdraw, discontinue, suspend (whether temporarily or permanently), modify and/or amend all or any features of the Websites and Services; (iv) remove any Materials from the Websites, correct any errors, inaccuracies, or omissions in any Materials on the Websites, change or update any Materials on the Websites; and (v) deny access of any user to all or any part of the Services at any time.
You agree that we will not be liable to you or to any third party for any losses or damages which you, or any third party, may suffer or incur as a result of us exercising our rights and taking any of the actions described in this section of the Terms.
Data Privacy
We are committed to protecting the privacy of your personal data. Please review our Privacy Notice for details about how we collect, use, store, and disclose your personal data in connection with your access and use of the Websites and Services. You will find details on how to contact us with questions or exercise your privacy rights in our Privacy Notice.
Cookies
We use certain strictly necessary cookies to make the Websites and Services function properly. We may also use optional cookies, such as to remember your preferences or to better understand the performance of our Website and Services, but we only use these optional cookies with your consent. For more information about how we use cookies, or to update your cookie preferences, please read our Cookie Notice or visit our Cookie Preference Center.
Intellectual Property
We are the owners or licensees of all intellectual property rights in the Websites, Materials and Services. The Websites, Materials and Services are protected by copyright, trademark, and other intellectual property rights and laws of applicable countries. Except as specified in these Terms, all such rights are reserved. You agree to abide by all applicable intellectual property rights and laws, as well as any trademark or copyright notices or restrictions contained in the Terms. The trademarks, service marks, slogans, logos, trade dress and other identifiers (" Marks") displayed in the Materials are our property or the property of our licensors, except as otherwise disclosed.
You are prohibited from modifying, copying, displaying, distributing, transmitting, publishing, selling, licensing, creating derivative works from, or using any portions of the Websites, Materials and/or Services for commercial or public purposes without our express authorization or as expressly permitted by applicable intellectual property law. You may not copy any material from the Websites, Materials or Services without our express prior written authorization and subject to our copyright notice being affixed to the copied material or as expressly permitted by applicable copyright law. Nothing contained herein shall be construed as conferring (whether by implication, estoppel, or otherwise) any license or right under any of our patent, trademark, copyright or other proprietary rights for any purpose not expressly set out in these Terms.
Except as otherwise indicated elsewhere on the Websites, you may view, download and print the Materials available on the Websites subject to the following conditions:
- Materials must be used solely for personal, informational, internal, non-commercial purposes.
- The Materials must not be modified or altered in any way.
- The Materials on the Websites must not be distributed.
- You must not remove any copyright or other proprietary notices contained in the Materials.
- We reserve the right to revoke the authorization to view, download, and print the Materials available on the Websites at any time, and any such use shall be discontinued immediately upon written notice from us.
- The rights granted to you constitute a non-exclusive license and not a transfer of title.
The rights specified above to view, download and print the Materials available on the Websites are not applicable to the design or layout of the Websites. Elements of the Websites and Services are protected by intellectual property laws and other laws and may not be copied or imitated in whole or in part.
The licences granted to you by us in the above paragraphs shall automatically be revoked and terminated if you do not comply with these Terms or if we suspend, restrict or terminate your access to and/or use of the Websites and Services at any time for whatever reason.
Third-Party Resources
We may display information, links and other material on our Websites relating to third-party products, services or other resources (collectively, the " Third-Party Resources") for your convenience only. We are not responsible for any Third-Party Resources and all material about them is provided on an "as-is" and "as available" basis. Any copyright or other intellectual property rights in the Third-Party Resources remain the property of their respective authors and owners. The inclusion of any material does not constitute approval, endorsement or recommendation by us of any Third-Party Resource or any third party, and we disclaim all responsibility and liability for any losses or damages which arise in connection with your access and/or use of any Third-Party Resources. We have no control over the contents of Third Party Resources. You are solely responsible for adequate protection and backup of the data and equipment used in connection with any Third Party Resource. We will not be liable for any damages that you may suffer in connection with any Third-Party Resource, including without limitation in connection with accessing, relying on, downloading, installing, using, modifying or distributing any Third-Party Resource. No information obtained by you from our Websites or through the use of our Services shall create any warranty, representation, guarantee or undertaking in respect of any Third-Party Resource. We make no representation, warranty, guarantee or undertaking of any kind in respect of any Third-Party Resource, including without limitation as to the effectiveness, security, functionality, operation, reliability, quality, accuracy, validity, legality or intellectual property rights compliance of any Third-Party Resource. Your use of or interactions with any Third-Party Resource, and any third party that provides any Third-Party Resource, are solely between you and such third parties and shall be governed by such licenses and terms of use as specified by such third parties, and we are not responsible or liable in any manner for such use or interactions. Third-Party Resources may be updated, changed, disabled or removed at any time, and any material provided on our Websites may be or become out of date or inaccurate. We make no representation or warranty as to the accuracy, completeness, reliability, merchantability, or fitness for a particular purpose of Third-Party Resources provided on our Websites nor any commitment to update or correct such materials. USAGE OF AND RELIANCE ON ANY THIRD-PARTY RESOURCES ARE ENTIRELY AT YOUR OWN RISK.
Without prejudice to the foregoing, our Services may contain or require the use of third-party services or technologies (" Third-Party Services"), which may be licensed or made available to you for use under separate agreements with third parties. You are responsible for complying and/or non- compliance with any terms and conditions of such Third-Party Services or as required or specified by us. The third-party provider or owner of such Third-Party Services retains the rights, ownership and title in and to such Third-Party Services.
User Content
If you post, upload, input, provide or submit any text, information, materials, images, code, data (including, without limitation, any personal data such as your name, email address, IP address, cryptocurrency address), or other content (whether via the Websites, Services or otherwise) (collectively, your " User Content"), you must ensure that the User Content is true, accurate, up to date, complete, and does not breach or infringe the intellectual property rights of any third party. We do not own, control or endorse any User Content that is uploaded, submitted, inputted, transmitted, stored or processed via the Websites, Services or otherwise sent to us. You are solely responsible and liable for all of your User Content and for your use of any interactive features, links or information or content on the Websites, and you represent and warrant that (i) you own all intellectual property rights (or have obtained all necessary permissions) to provide your User Content and to grant the licenses in these Terms; (ii) your User Content will not violate any agreements or confidentiality obligations; and (iii) your User Content will not violate, infringe or misappropriate any intellectual property right or other proprietary right, including the right of publicity or privacy, of any person or entity.
Any User Content that is uploaded, submitted, inputted, transmitted, stored or processed via the Websites, Services or otherwise sent to us shall be considered non-confidential. By posting, uploading, inputting, providing or submitting your User Content to us, you grant us and any necessary sub-licensees a non-exclusive, worldwide, perpetual, irrevocable and royalty-free licence, right and permission to use, reproduce, copy, edit, modify, translate, reformat, create derivative works from, distribute, transmit, publicly perform and publicly display your User Content and sub-license such rights to others.
Although we have no obligation to screen, edit or monitor User Content, we reserve the right and have absolute discretion, to remove, screen or edit User Content and activities in your account.
If you decide to submit feedback to us – whether that be questions, comments, suggestions, ideas, original or creative materials or other information, you do so on your own accord and not based on any request or solicitation from us. You agree that feedback does not constitute or include your User Content. We reserve the right to use feedback for any purpose at no charge and without compensation to you. Do not send us feedback if you expect to be paid or want to continue to own or claim rights to your feedback. If you decide to send us feedback, you acknowledge and understand that we make no assurances that your feedback will be treated as confidential or proprietary.
Account Registration and Security (where applicable)
You are entirely responsible for any and all activities that occur under or by means of your account (if any), including (without limitation): (i) posting, uploading, inputting, providing or submitting any User Content; and (ii) all instructions orders, notices, communications and other actions whether initiated, made provided or taken by you or any other person from or by means of your account. You agree to notify us immediately of any unauthorized use of your account or any other breach of security. We will not be liable for any loss or damages that you may incur as a result of someone else using your account, either with or without your knowledge. However, you could be held liable for losses incurred by us or another party due to someone else using your account. You may not use anyone else's account at any time without the permission of such person or entity.
We are committed to maintaining the security of your account, and shall adopt reasonable security protocols and measures in the provision of the Services but we do not warrant, represent or guarantee that the Services will be secure or free from weaknesses, vulnerabilities, bugs or viruses. Your actions and those of other persons may pose risks. You agree to treat your account access credentials (such as username, password, authentication technology or other factors) as proprietary property and confidential information, and not to disclose such information to or make available for use by any third party, or otherwise permit anyone else to access or use your account at any time. You undertake to be solely responsible for taking the necessary security measures to protect your account and access credentials, including logging out from the Website and your account at the end of each visit. If you suspect or become aware of any unauthorized use of your access credentials or account, you should notify us immediately.
You are solely responsible for making all arrangements necessary to access and use the Services, including (without limitation) configuring the technology and devices through which the Services are accessible (e.g. computers, mobiles, tablets and similar devices together with a compatible browser or other software to access the Websites and Services) and for adopting appropriate cybersecurity measures. You should use virus protection software.
You are also solely responsible for the transactions performed under or by means of your account. We assume no liability for any loss or consequences caused by authorized or unauthorized use of your account or access credentials, including but not limited to information disclosure, information release, consent or submission of various rules and agreements by clicking on the website, any online agreement renewal or confirmation of identity or status.
If we have reason to suspect or believe that there has been, or there is likely to be, a breach of security, breach or misuse of the Websites or Services, including unauthorised use of or access to your account, or if you breach any of your obligations under these Terms, we may suspend your use of the Websites and Services.
Prohibited Communications
You are prohibited from using the Websites and/or Services to post or transmit any threatening, libellous, defamatory, obscene, scandalous, inflammatory, pornographic or profane material, any material that is contrary to applicable local, federal, or international laws and regulations, any material that could constitute or encourage unlawful conduct, or any content or materials that we reasonably deem as inappropriate or offensive.
We may from time to time monitor or review material transmitted, stored or processed via the Websites or Services or sent to us, and we reserve the right to delete any material that we deem inappropriate. We are under no obligation to do so and assume no responsibility or liability arising from any material transmitted or posted using the Websites and/or Services.
Warranties and Disclaimers; Limitation of Liability
Except as expressly provided otherwise in a written agreement between you and us, all Services, including the Websites and Materials, are provided "as is" and "as available" without warranty or condition of any kind, either express or implied, including, but not limited to, the implied terms of satisfactory quality, merchantability or fitness for a particular purpose.
Without limiting the foregoing, we make no warranty, representation or condition that: (i) the Services and Materials will meet your requirements, (ii) the Services and Materials will be uninterrupted, timely, secure, or error-free, (iii) the results that may be obtained from the use of the Services or Materials will be effective, accurate or reliable, and (iv) the quality of any Services or Materials provided to or obtained by you from the Websites will meet your expectations. Some states or jurisdictions do not allow the exclusion of implied terms or limitations on how long an implied warranty may last, so the above limitations may not apply to you. To the extent permissible under applicable law, any implied warranties which cannot be excluded are limited to ninety (90) days.
In no event shall we be liable to you or any third party, in contract, tort (including negligence), statutory duty or otherwise for any special, punitive, incidental, indirect or consequential damages of any kind, including, without limitation, those resulting from loss of use, data or profits, whether or not we have been advised of the possibility of such losses or damages arising out of or in connection with the access or use of the Websites, Services and/or Third-Party Resources. Save to the extent prohibited under applicable law, in no event will our cumulative liability to you, whether in contract, tort (including negligence), or otherwise, exceed the greater of (1) the aggregate amount you paid to us to access or use the Services in the most recent three-month period, if applicable; or (2) $50. Some jurisdictions prohibit the exclusion or limitation of liability for consequential or incidental damages, so the above limitations may not apply to you.
The use of the Services is done at your own discretion and risk and in some instances, may be subject to further applicable laws and regulations in your place of residence. You are strongly advised to seek independent legal or professional advice if you are in any doubt. We may not be able to make available all Services to you and where all or some Services are made available, we reserve the right to withdraw or terminate the availability of such Services to you at any time. No information, whether oral or written, obtained by you from us or through or from the Websites shall create any warranty that is not expressly stated in these Terms.
Indemnification
You agree to indemnify, defend, and hold us, and our directors, officers, agents, representatives, co-branders or other partners, and employees, harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of your conduct in connection with the Websites or Services, your use of the Services, your violation of these Terms, or your violation of any rights of another person or entity. We reserve the right, at our own expense, to assume the exclusive defence and control of any matter otherwise subject to indemnification by you, in which event you will cooperate with us in asserting any available defences.
Acceptable Use Policy
You must only use the Websites, Materials and/or Services for their stated purpose. You must not use the Websites, Materials or Services to:
(a) interfere or violate the legal rights (such as rights of privacy and publicity) of others or violate others use or enjoyment of the Websites, Materials or Services;
(b) engage in or promote any activity that violates these Terms or any applicable laws, rules, codes, guidelines, directives or regulations issued by any governmental or regulatory body;
(c) attempt to do anything that does or could interfere with, disrupt, negatively affect or inhibit other users from accessing and/or using the Services, Websites or Materials or that could damage, disable, overburden or impair the functioning of the Websites or our servers or any equipment or networks connected to any of our servers in any manner;
(d) create a false identity for the purpose of misleading others or fraudulently or otherwise misrepresent yourself to be another person or a representative of another entity including, but not limited to, an authorized user of the Websites or our representatives, or fraudulently or otherwise misrepresent that you have an affiliation with a person, entity or group;
(e) mislead or deceive us, our representatives and any third parties who may rely on the information provided by you, by providing inaccurate or false information, which includes omissions of information;
(f) disguise the origin of any material transmitted through the Services available via the Websites (whether by forging message/packet headers or otherwise manipulating normal identification information);
(g) violate, infringe or misappropriate any intellectual or industrial property rights of any person (such as copyright, trademarks, patents, or trade secrets, or other proprietary rights of any party) or commit a tort;
(h) upload files that contain viruses, Trojan horses, worms, time bombs, cancelbots, corrupted files, malware or any other similar software or programs that may damage the operation of another's computer or property;
(i) access any content, area or functionality of the Websites that you are prohibited or restricted from accessing or attempt to bypass or circumvent measures employed to prevent or limit your access to any content, area or functionality of the Websites;
(j) obtain unauthorised access to or interfere with the performance of the servers which host the Websites or provide the Services or any servers on any associated networks or otherwise fail to comply with any policies or procedures relating to the use of those servers;
(k) attempt to gain unauthorized access to any services or products, other accounts, computer systems, or networks connected to any of our servers through hacking, password mining, or any other means;
(l) obtain or attempt to obtain any materials or information through any means not intentionally made available through the Websites or the Services;
(m) harvest or otherwise collect, whether aggregated or otherwise, data about others including email addresses and/or distribute or sell such data in any manner;
(n) use any part of the Websites, Materials or Services other than for their intended purpose;
(p) use any data, analysis or information provided to you for commercial purposes; or
(q) use the Services for market manipulation or other market abuse activities (such as pump and dump schemes, wash trading, self-trading, front running, quote stuffing, and spoofing or layering) whether or not prohibited by law.
Where you are subject to prohibitions or restrictions by law or otherwise to access or use the Websites or the Services, you may not access the Websites or use any Services utilizing any virtual private network, proxy service or any other third party service, network, or product with the effect of disguising your own or imitating another's IP address or location, or otherwise use any method in circumventing any technology used by the operator of the Websites for the purposes of such prohibitions or restrictions, or any technology used by us to observe such prohibitions or restrictions, or access the Websites or use any Services using any digital token address in or subject to the jurisdiction of any country or region in which access to the Websites or use of any Services is sanctioned by local laws and/or regulations.
No Financial Services Activities or Advice
The Materials contained in the Websites should not be considered as an offer, invitation or solicitation to buy, sell or subscribe for securities, derivatives, investment contracts or financial instruments, or to provide any service or advice in relation to the same or to provide any consumer credit services, create a financial trading platform, facilitate or take deposits or provide any other financial services of any kind in any jurisdiction.
The Materials contained on the Websites is provided for general information only. It is not intended to provide and should not be construed or relied on as advice or recommendation of any kind. It does not take into account your objectives, financial situation or needs. You should obtain appropriate professional advice when necessary, including before taking, or refraining from, any action on the basis of the information and materials contained in the Websites.
For more information, please refer to the Warning Statement below.
Release
To the fullest extent permitted by applicable law, you release us and our directors, officers, agents, representatives, co-branders or other partners, and employees from responsibility, liability, claims, demands, and/or damages (actual and consequential) of every kind and nature, known and unknown (including, but not limited to, claims of negligence), arising out of or related to disputes between users and the acts or omissions of third parties.
Force Majeure
We will not be liable for any delay or failure to perform any obligations as required or implied by these Terms if and to the extent that such delay or failure is caused by or results from or is otherwise connected to acts, causes, conditions or circumstances beyond our reasonable control, including but not limited to health crises, global pandemics, fires, strikes, floods, power outages or failures, acts of God, acts of any government or government official, any and all market movements, shifts, volatility, computer, server or Internet malfunctions, security breaches or cyberattacks, criminal acts, delays or defaults caused by common carriers, or any other delays, defaults, failures or interruptions that cannot reasonably be foreseen or provided against. In the event of force majeure, we are excused from any and all performance of our obligations under these Terms.
Dispute Resolution
The courts of the Gibraltar shall have exclusive jurisdiction in the event of any dispute or claim between you and us that arise out of or in connection with these Terms or their subject matter or formation (including non-contractual disputes and claims).
Governing Law
The Terms and our relationship with you will be governed by the laws of Gibraltar.
Right of Modification and Termination
We reserve the right to amend these Terms at any time. You will know if these Terms have changed since the last time you reviewed them by checking the "Date of Last Update" section below. By continuing to use our Websites or Services after changes have been posted, you are confirming that you have read, understood and agree to the latest version of these Terms. If you do not agree to any changes to these Terms, you must stop using our Websites and/or Services immediately.
Additionally, we may terminate our agreement with you pursuant to these Terms at any time, with or without notice to you, for convenience or if we believe, in our sole discretion, that you have breached, or may breach, any provision of these Terms. If our agreement with you pursuant to these Terms terminates for whatever reason, your right to access and use the Websites and Services shall immediately cease.
Severability
In the event that any provision of these Terms is determined to be unlawful, void or unenforceable, such provision shall nonetheless be enforceable to the fullest extent permitted by applicable law, and the unenforceable portion shall be deemed to be severed from these Terms, such determination shall not affect the validity and enforceability of any other remaining provisions.
Entire Agreement
These Terms and any policies or operating rules posted by us on the Websites constitute the entire agreement and understanding between you and us and govern your access and use of the Websites and Services, superseding any prior or contemporaneous agreements, communications and proposals, whether oral or written, between you and us (including, but not limited to, any prior versions of the Terms). Any ambiguities in the interpretation of these Terms shall not be construed against the drafting party.
Waiver
The failure by us to exercise or enforce, or delay in exercising or enforcing any right, remedy or provision of these Terms or otherwise available under applicable law shall not constitute a waiver of such right or provision and will not affect our right to require performance at any time thereafter. At the same time, any waiver by us to seek recovery for your violation of these Terms or any provision of applicable terms shall not constitute a waiver by us of any subsequent breach or violation by you or others or of the provision itself.
Contact
If you have any questions or feedback about these Terms, please contact us at:
Email: support@bullish.com
Business address: Bullish (GI) Limited is a company incorporated and registered in Gibraltar (Company number: 119714) with its registered address at c/o Fiduciary Management Limited, Portland House, Glacis Road, Gibraltar GX11 1AA.
Date of Last Update:
July 27th, 2021
Warning Statement
This Warning Statement forms part of the Terms of User relating to the Website and Services ("Terms"). Unless otherwise fined in this Warning Statement, capitalised terms shall have the meaning given to them in the Terms.
All Materials contained on the Website is provided for informational purposes only and does not take into account any of your personal circumstances, needs or preferences, including your specific investment objectives, financial situation and tax situation. Bullish (GI) Limited, and any of its subsidiaries, affiliates or members of its group of companies ("Bullish Group"), are not providing any legal, tax, accounting, financial or investment advice or recommendation, and nothing herein should be read, construed or relied upon as such. You should consider your own personal situation carefully and consult your independent professional advisors (including financial, legal and tax advisors) before accessing and/or using the Website and Services that we offer. Any expressions of opinion are those of the individual author only and do not represent the views of the Bullish Group. Except as expressly set out in the Terms, no legally binding obligations will be created, implied, or inferred from the Materials contained on the Website.
Some or all of Bullish Group's services may not be available in your jurisdiction or place of residence or may be restricted to certain types of sophisticated or qualified investors. Signing up for any free or subscription based content is not an indication that other services offered by the Bullish Group will be made available to you.
The Material contained on the Websites is for your personal use only. You will not copy, fax, reproduce, divulge, or distribute such Materials, whether in whole or in part, without our express prior written consent. The Materials contained on the Websites are not directed or intended to be targeted at and are not intended for distribution or publication to, or use by any person who is a resident of or located in any jurisdiction in which the targeting, direction, distribution or publication or use of such Materials would be contrary to applicable laws or which would subject Bullish Group to any registration or licensing requirements in respect of that jurisdiction.
Unless indicated otherwise in the Terms, Bullish Group is not licensed in your jurisdiction and we do not promote or market cryptocurrencies or the Bullish Group's services in your jurisdiction. The distribution of Materials may also be restricted by law, and any person into whose possession such Materials come should inform themselves about and observe any applicable restrictions.
Virtual assets and cryptocurrencies are high risk products and are, in some cases, unregulated by any governing bodies (meaning that you may not benefit from regulatory protections with respect to them). Activities relating to them may also be subject to legal or regulatory restrictions or requirements in different jurisdictions, failure to comply with which may result in your personal liability or the imposition of fines. Therefore, you should check the position in your jurisdiction and seek professional advice if you are unsure. Neither Bullish Group nor any of its directors, officers, or employees makes any warranty or representation as to the appropriateness of virtual assets or cryptocurrencies as an investment or to the availability and/or liquidity of the same in your jurisdiction. You should consult your professional advisor in your jurisdiction before making any decision to invest, or otherwise deal, in virtual assets or cryptocurrencies and you acknowledge and agree you do so at your own risk.
Bullish Group and their respective agents, advisors, directors, officers, employees and shareholders make no representation or warranties, expressed or implied, as to the accuracy, completeness or reliability of any Materials contained on the Websites.
The Materials on the Websites are not and should not be construed as an advertisement, recommendation, solicitation or offer to sell, purchase or subscribe for any virtual assets, cryptocurrencies, products and/or services offered by Bullish Group. Any market information provided within the Materials is subject to change and is obtained from sources believed to be reliable but neither the information, nor its source, have been verified. No guarantee, representation or warranty is made as to its accuracy or completeness. Neither Bullish Group nor its directors, officers or employees are responsible for, have any control over or endorse any market information published within the Materials, and all such market information is attributable to its source. Any information on prices or levels are indicative only and are subject to change at any time. Make sure you always access the most current information before making any decision to access any products and/or services of the Bullish Group.
Unless otherwise required by applicable law, in no event shall Bullish Group or any of their affiliates, agents, advisors, directors, officers, or employees and shareholders be liable for any damages (direct or indirect) of any kind, under any theory of liability (including tort, contract, statute, or equity), including, but not limited to, loss of use, loss of profits, or loss of data or any other losses (financial or otherwise) arising out of or in any way connected with this material/marketing communication or resulting from the use of the information in this material/marketing communication by you or any of your representatives or for omissions from the information in this material/marketing communication. We reserve the right to amend or replace the information contained herein, in part or entirety, at any time, and undertakes no obligation to provide you with access to the amended information or to notify you thereof.
Additional jurisdiction-specific information
People's Republic of China ("PRC"): The information provided in the Websites relating to the relevant product or services has not been, and will not be, submitted to or approved/verified by or registered with relevant governmental and regulatory authorities in the PRC pursuant to relevant laws and regulations and thus may not be supplied to the public in the PRC or used in connection with any offer for the subscription or sale of such product or services in the PRC. PRC investors are responsible for informing themselves about and observing all legal and regulatory restrictions, obtaining all relevant regulatory approvals/licences, verification and/or registrations, and complying with all relevant laws and regulations.
France : Bullish (GI) Limited does not hold the relevant licences and authorisations for providing the services referred to in the Terms in France and, in particular, it is not authorised as a provider of services on digital assets. Bullish Group is not providing any advice or recommendation to potential subscribers for digital assets and nothing in here should be read or relied upon as such.
Hong Kong : Bullish (GI) Limited is not licensed to carry on business in Hong Kong and Bullish Group is not regulated by any regulatory authority in Hong Kong.
Indonesia : Virtual assets and cryptocurrencies are not legitimate payment instruments and do not constitute legal tender in the Republic of Indonesia. Bullish Group is not licensed or regulated to offer its services in the Republic of Indonesia. Any market information provided in the Materials is not for general circulation to the public in the Republic of Indonesia, and nothing in the Terms and/or the Materials contained on the Websites constitute an offer, distribution, solicitation, or marketing of any virtual assets and cryptocurrencies to the public in the Republic of Indonesia.
Japan : Persons located in Japan are not covered/targeted by the service provided by Bullish Group. 弊社が提供するサービスは、日本居住者を対象としていません。
IMPORTANT NOTE TO U.S. PERSONS : U.S. persons are not eligible to receive services from Bullish Group or to transact on, or purchase or sell digital assets through, the Bullish exchange. No offer or solicitation of any kind is being made to U.S. persons by means of this content or other communications available through the material/marketing communication. This content is for informational purposes only. Neither Bullish Global, Bullish (GI) Limited, nor any affiliate, nor any product or service offered by them, is registered with the U.S. Securities and Exchange Commission ("SEC"), the Financial Industry Regulatory Authority ("FINRA"), or state securities regulators under the federal or state securities laws. Neither Bullish Global, Bullish (GI) Limited, nor any affiliate, nor any product or service offered by them, is registered with the U.S. Commodity Futures Trading Commission ("CFTC") or the National Futures Association ("NFA"). Neither Bullish Global, Bullish (GI) Limited, nor any affiliate has registered with the U.S. Treasury Financial Crimes Enforcement Network ("FinCEN") as a Money Services Business ("MSB"), obtained a money transmitter license in any state, or been granted a Bitlicense by the New York Department of Financial Services ("NYDFS") or any other license or registration in New York. Until Bullish Group has determined that the required licenses and registrations have been obtained, U.S. persons will not be eligible to receive services from Bullish Group or to transact on the Bullish exchange. There can be no assurance that Bullish Global, Bullish (GI) Limited, or an affiliate will ever be able to obtain the licenses and registrations needed to operate in the U.S. or in any state or to provide services to any U.S. person. This content, Bullish services, and the Bullish exchange described herein have not been reviewed or recommended by any U.S. federal or state governmental authority or self-regulatory organization, including (without limitation) the SEC, CFTC, FinCEN, NYDFS, any other state regulator, FINRA, or the NFA.
This content is for informational purposes only and does not constitute an offer to sell or buy, or the solicitation of an offer to sell or buy, any security, commodity, derivative, or other financial instrument, and does not constitute an offer of any financial service, including (without limitation) money transmission services, in any jurisdiction where such an offer or solicitation would be illegal. There is not enough information contained in this content to make an investment decision and any information contained herein should not be used as a basis for this purpose.
Pilot Trading Game Rules
These rules ("Rules") form part of the Terms of Use of the Websites and Services (the "Terms") which may be amended and updated from time to time. All capitalized terms not otherwise defined in these Rules have the same meaning ascribed to them in the Terms to which you should refer.
The Pilot is brought to you by Bullish (GI) Limited, a company incorporated and registered in Gibraltar (Company number: 119714) with its registered address at Suite 23, Portland House, Glacis Road, Gibraltar GX11 1AA, and its affiliated companies (collectively, "Bullish"). The Pilot is being run as a trial to demonstrate and test the services and features that are expected to be available on the Bullish exchange when it is launched. This Pilot, Website and Services are made available free of charge. The Pilot is not being run or offered for commercial purposes with a view to profit nor do they enable participants to generate returns.
Access to the Pilot is by invitation only. If you have not received an invitation or an invitation code issued by us, you are not permitted to access, use or view the contents of the Pilot and may be in contravention of applicable laws or regulations. You should stop immediately and refrain from further use, access or view of the Pilot and its content.
- To be eligible to participate, you must be at least 18 years of age, have set up a valid pilot account on this Website and agree to be bound by the Terms and these Rules. Any breach of the Terms and/or these Rules will result in disqualification and termination of your use of this Website and its Services including participation in the Pilot and your eligibility to receive any prize. You represent and warrant that you are acting in your own capacity as an individual player and on your own behalf in participating in the Pilot.
- Multiple games will run during the Pilot Period (as set out below) and each game will last for approximately 2 weeks and run back to back. There will be no game betweenGMT 09:00 a.m. on Tuesday, July 27, 2021 to GMT 09:00 a.m. on Friday, July 30, 2021.Pilot Period:
- Game 1 will run from:
- GMT 09:00 a.m. on Tuesday, August 3, 2021 to GMT 09:00 a.m. on Monday, August 16, 2021
- Game 2 will run from:
- GMT 09:00 a.m. on Tuesday, August 17, 2021 to GMT 09:00 a.m. on Monday, August 30, 2021
- Game 3 will run from:
- GMT 09:00 a.m. on Tuesday, August 31, 2021 to GMT 09:00 a.m. on Monday, September 13, 2021
The Pilot is a paper trading simulation only. No real currency, virtual currency or any other assets are used and none can be withdrawn. There is no cost to participate in the Pilot.
- Prices and other market information and states during the games do not represent or track live market scenarios real time nor should they be viewed, interpreted or relied upon as such.
- After each game, participants will need to re-create an account in order to play the next game. Please ensure the information you provide to re-create an account for each game is consistent, true, complete and accurate as any inconsistency, omission or inaccuracy may result in your disqualification or termination of access to this Website and its Services.
- There will be approximately two hours of downtime for maintenance each day of every game.
- Each participant will be given $500,000 USD equivalent in paper money in their portfolio to be used for trading at the commencement of each game.
- Game trading data will be deleted after each game and any wallet balance will be reset before a new game starts.
- If an unplanned reset occurs during a game, the game will automatically restart without announcement as soon as the game comes back online. Participants will need to recreate their account and restart with the $500,000 USD equivalent paper money portfolio balance. Bullish will not be responsible for any loss that a participant may incur as a result of a game reset.
- If a participant loses their hardware device or security key or needs to change the email address with which they are playing the game which may require the participant to recreate or re-login to the participant's account, Bullish takes no responsibility for any playing time lost during this period or the participant's paper money portfolio balance being reset to $500,000 USD.
- Participants must execute at least one trade successfully 48 hours or earlier before a game's end in order to be eligible to win.
- Participants may use any combination of the trading features available in the Pilot such as spot trading, margin trading, and earning with Bullish Liquidity Pools (BLP) but may not act in concert with one or more persons in manipulating or falsifying trading outcomes or transactions at any time. Any participant found to be colluding to manipulate trading outcomes will be disqualified, the account will be suspended, and such participant may not be allowed to create any further account on this Website.
- In order to win a game, the participant must obtain the highest Total Portfolio Value (TPV) before a game ends where TPV is the sum of your spot trading, margin trading and Bullish Liquidity Pool balances minus any open loans (as applicable) at the end of a game. The TPV is an objective measure of your knowledge and skill at trading in the Pilot. The three highest TPV balances as evidenced by the leaderboard at the end of a game shall be deemed the winners of that game, subject to additional checks and verification as determined by Bullish in its sole and absolute discretion from time to time. In the event of a tie between the winners of that game, the participant who placed more trades in that game (as evidenced by the Pilot trading system) will be deemed the winner.
- Each participant will see his or her TPV rank as well as a leaderboard with the top 10 game leaders with hashed names for anonymity.
- Participants may play every game but are only eligible to win one full or partial cash prize for the entirety of the Pilot. A participant shall only be eligible for the one full or partial cash prize in respect of the first game in which such participant places in the top three ranking by TPV (as determined on the leaderboard in the Pilot and confirmed by Bullish). If such participant places in the top three TPV again in any subsequent game, such participant may choose a charity from a pre-screened list of charities for donation of any subsequent prize money winning by Bullish. Participants who are not eligible for prizes by virtue of their residency (as per countries in clause 16) are eligible for placements in more than one game and may exercise their choice of charity in respect of multiple placements. Participants who are eligible for partial prizes by virtue of their residency are eligible for placements in more than one game, but will receive their partial cash prize only for the first placement and will then be able to exercise their choice of charity in respect of any placements thereafter.
- The top three candidates with the highest TPV ranking at the end of a game will be contacted by email communication to the email address designated by the participant at account opening within one week of each game's end. If the email sent to such a designated account is returned as undeliverable, the candidate will be disqualified and the relevant prize will be donated by Bullish to a charity of its choice. For the avoidance of doubt, the email address used by a participant to create the Pilot account will be the only email address used to communicate with the participant by Bullish.
- Subject to local and/or applicable laws and regulations (including but not limited to those set out below), prizes (less any withholdings) are as follows per game:
- First place: USD $100,000
- Second place: USD $50,000
- Third place: USD $25,000
Residents of Brazil, the Cayman Islands, Hong Kong, Mexico, Singapore, and the United Kingdom may play the games but are not eligible to win prizes. If a resident of one of these countries is ranked in the top 3 places at the end of any game, then the participant will be given the right to choose a charity from a pre-screened list of charities for the purposes of a donation by Bullish in an amount as close as possible (as determined by Bullish in its sole discretion) to the corresponding prize which the participant would have received (with deduction for any withholding or other administration fees).
- Australia: capped at AUS 10,000
- Gibraltar: capped at EUR 10,000
- India: capped at INR 100,000
- China: capped at RMB 50,000
- South Korea: capped at KRW 20 million
- Taiwan: capped at NT 5 million
Any remaining balance shall be donated by Bullish to a charity chosen by the participant from a pre-screened list of charities to be provided by Bullish.
- If applicable laws or regulations require Bullish to make any withholding for tax or other purposes in respect of any prize, Bullish will make such withholding from the applicable prize amount and transfer any sums withheld to any tax or other authority requiring the same.
- Residents of Australia, Gibraltar, India, China, South Korea, and Taiwan will only be eligible for prizes (including any withholding amounts) subject to the following maximum amounts (converted to a USD equivalent amount based on a foreign exchange rate determined in the sole and absolute discretion of Bullish) respectively:
- Participants who may be eligible for prizes will be required to provide further information within 30 calendar days of results communication including "know your client" identification documentation, a completed transparency letter (in which you will be required to confirm you are not prohibited under any laws or regulations from participating in the Pilot, not prohibited by any employment or any public function appointment from accepting and receiving a prize, your bank details, and signature) to confirm your eligibility and such other information, evidence and documentation as Bullish may in its sole and absolute discretion require in order to be eligible for a prize. If Bullish is satisfied with all investigations and all information and/or documentation provided by the participant, Bullish will remit or transfer the applicable cash prize (less any withholdings) in US dollars or an equivalent in other currency (converted using a foreign exchange rate determined in the sole and absolute discretion of Bullish) as Bullish shall determine, in its sole discretion, to the bank account details provided by you in writing to Bullish. Bullish shall not be liable for any further payments or obligations to you, including without limitation any liability if the email address provided is invalid or does not match your personal data, you fail to respond to the results email within 30 days, or you provide the wrong bank details or if you are unable to access the funds or otherwise fail to receive such funds for any reason, or if the remittance of such funds is rejected, refused, or declined by the receiving bank or financial institution.
- Where a participant in any game fails to provide the documentation or further information required by Bullish to be eligible for the prize by the prescribed 30-day deadline, the participant will be deemed to have forfeited any prize and Bullish shall donate the entirety of the prize to a charity or charities of its choice or to otherwise dispose of or deal with the prize in such manner as it thinks fit.
- All charitable donations will be made directly by Bullish and not through the participant. Any tax receipts will be issued to Bullish.
- The location of residence data, and name of participant provided by the winner at account opening must match any proof of address and identity documentation to be provided by the participant to be eligible to receive a prize.
- Participants eligible to choose a charitable donation must select an approved charity and communicate via the same email address used for registration the choice to Bullish within 2 weeks of being notified by Bullish, failing which Bullish will select the charity at its sole discretion from a pre-screened list of charities. Bullish reserves the right for final approval of all charitable donations.
- Bullish aims to remit charitable donations within one month of receiving the confirmed choice of charity.
- Bullish bears no responsibility for individual tax responsibility or liability that participants accepting cash prizes may have in whatever jurisdictions the participants may be liable to report, declare and/or pay tax.
- The winners may not disclose or announce the receipt or details of any prize or any correspondence with Bullish in relation to any prize to another person without the prior written consent of Bullish. Bullish at its sole discretion may disclose, announce and publicise the details of any prize or the recipient of any prize in any manner it shall choose. You hereby grant Bullish a limited, non-exclusive worldwide, royalty free licence to use your name for this purpose.
- Bullish reserves the right to disqualify any participant in its sole and absolute discretion for any reason, including disqualification of any participant found to be tampering or interfering with the operation of this Website and/or its Services (including the pilot game), acting in violation of these Rules or the Terms or in an unsportsmanlike or disruptive manner and void all such participant's entries.
- Bullish does not guarantee that the games will always be available or uninterrupted. For more information on availability and interruptions, please refer to the Terms.
- Bullish reserves the right to add or remove, terminate or suspend games at any time.
- Bullish reserves the right to withdraw and/or amend any features of the Website and its Services (including the Pilot) without notice, including deleting trading data and resetting any balance in the middle of a game. Bullish accepts no liability, no matter how that may be caused, arising from it doing so. Please refer to the Terms for more information.
- All prizes and donations (including their amount, category, time and manner in which they are awarded and/or fulfilled) are transferred at the sole discretion of Bullish.
- The determination of ranking levels, eligibility of participation and the rules of this game are determined at the sole discretion of Bullish.
- Bullish employees and shareholders, and residents of certain jurisdictions may participate in the Pilot but are not eligible for prizes. If you have any questions as to your eligibility to participate or receive prizes, please contact us at support@bullish.com.
- Bullish reserves all rights to make any final judgment, resolution or other determination in case of any dispute howsoever arising.
- These Rules form part of the Terms to which you are bound. You should read these Rules together with the Terms. If you have any questions, please contact us at support@bullish.com .
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