WITTY Terms of Use

1. Introduction

These Terms of Use ("Terms", "Agreement") govern your access to and use of the products, platforms, applications, services, websites, AI systems, software, and tools provided by WITTY Technology Limited ("WITTY", "we", "us", "our"). By creating an account or using any WITTY service, you acknowledge that you have read, understood, and agree to be legally bound by these Terms. If you do not agree, do not use any WITTY service. If you accept on behalf of a company, you represent you have authority to bind that company.

2. Legal Entity & Contact

WITTY Technology Limited, incorporated in the Province of British Columbia, Canada (Incorporation No. BC1443245). Registered Office: 130-10691 Shellbridge Way, Richmond, BC, V6X 2W8, Canada. Contact: [email protected]

WITTY is a registered MSB in Canada for AML/KYC purposes. WITTY is not a bank, broker-dealer, investment adviser, or securities dealer. WITTY delivers technology, orchestration, and access to licensed financial institutions via partnerships.

3. Acceptance of Terms

You accept these Terms by creating an account; using Multicurrency Accounts; using WIZZY AI; enrolling in the Business Growth Program (BGP); participating in Rewards, Referrals, or Staking; accessing WITTY websites, APIs, dashboards, or apps; or continuing to use the platform after updates.

4. Definitions

"Account": a registered WITTY profile tied to identity verification. "WITTY Platform": all digital services, apps, APIs, and tools operated by WITTY. "Multicurrency Account": virtual, pooled, or dedicated accounts made available via partners. "WIZZY": WITTY's AI-powered assistant. "BGP": WITTY's Business Growth Program for exporters. "WTY": WITTY's utility token used for staking and reward redemption. "Staking": locking WTY or supported assets for a defined period. "Referral Program": WITTY's point-based, multi-level reward system. "KYC/AML": Know-Your-Customer/Anti-Money-Laundering processes.

5. Eligibility

You must be at least 18 years old, have capacity to contract, not be in a sanctioned jurisdiction, and not be otherwise prohibited from financial services. WITTY may approve, reject, suspend, or terminate accounts at its discretion.

6. Account Registration & Identity Verification (KYC/AML)

You agree to provide accurate information and authorize KYC/AML checks via third-party providers. WITTY may request passports/IDs, proof of address, corporate documents, ownership structure, and source-of-funds/wealth evidence. Users who fail or refuse verification may face suspension or fund holds.

7. User Responsibilities

You will use WITTY lawfully; not engage in fraud, sanctions evasion, or illicit trade; keep credentials secure; notify WITTY of unauthorized access; and maintain updated compliance documents. Breaches may result in suspension, closure, restricted withdrawals, or reporting to authorities.

8. Business vs. Individual Use

WITTY offers personal accounts (individuals, freelancers, P2P traders) and business accounts (SMEs, exporters, logistics). WITTY may convert, restrict, or close accounts misclassified or misused.

9. Licensing & Service Scope Disclaimer

WITTY is not a bank and does not provide securities custody or investment advice. WITTY provides technology connecting users to licensed financial institutions and liquidity providers, and offers AI-powered business tools (including WIZZY). Use of WITTY does not create a fiduciary, advisory, or partnership relationship.

10. Right to Refuse or Terminate Service

WITTY may freeze, restrict, terminate, or refuse service if KYC/AML fails, suspicious activity is detected, prohibited business is identified, a regulator/bank requests action, or these Terms are violated. WITTY is not required to disclose internal risk criteria.

11. Multicurrency Accounts & Payment Services

Financial services are delivered via licensed partners. WITTY acts as an orchestration layer and dashboard. Currency availability, settlement times, and payment rails vary by jurisdiction and partner. Some currencies operate via pooled accounts with unique customer references instead of named IBANs. WITTY may place compliance holds or delays. FX rates are provided by liquidity partners and may include spread-based fees.

11.1 Prohibited Use Cases

Sanctioned country payments; fraud, scams, chargeback abuse; unlicensed money transmission; gambling, adult, darknet, weapons, narcotics; tax evasion; third-party deposits without commercial relationship evidence.

12. Crypto P2P Trader Terms

WITTY does not control blockchain transfers or guarantee crypto liquidity. Crypto features may be provided via approved partners. Blockchain analytics may be used to screen for high-risk flows. Accounts may be blocked if crypto activity is illegal, unlicensed, or unverifiable. Users are responsible for tax reporting and compliance.

13. WIZZY AI Assistant Terms

WIZZY may support research, outreach, analysis, and engagement. AI outputs may contain errors and must be verified by users. Conversations may be logged and used for model improvement consistent with the Privacy Policy. WIZZY is not a substitute for legal, financial, or compliance advice. Users remain responsible for decisions and outcomes.

14. Business Growth Program (BGP) Terms

BGP provides importer discovery, outbound campaigns, and AI-driven engagement. WITTY does not guarantee sales, contracts, or revenue. Refund guarantees apply only if expressly stated in a signed agreement. WITTY is not responsible for product quality, shipment, pricing, or negotiations. Export licensing, customs, insurance, and transactional risk remain the user's responsibility.

15. WTY Token, Staking, and Rewards Terms

WTY is a utility token, not a security, equity, debt instrument, or investment contract. Staking is not a guaranteed return, fixed yield, or interest product. Point redemption into WTY is based on monthly revenue pool allocation, not token minting. WITTY does not promise appreciation, dividends, ROI, or resale value. Token use may be restricted by jurisdiction. Lock periods are binding; staking rewards may change.

16. Referral, Points & Rewards System Terms

Referrals, points, multipliers, and leaderboard rewards have no cash value until redeemed. WITTY may modify or terminate the referral system at any time. Abuse (self-referrals, bots, fake accounts, VPN spoofing) may result in forfeiture of points/tokens and bans. Multi-tier rewards are based on activity, not deposits. WITTY may adjust point values, expiry, or conversion formulas.

17. Taxes & Reporting

Users are solely responsible for reporting income, token redemptions, staking rewards, VAT/GST, export declarations, and compliance with applicable tax laws. WITTY does not issue tax certificates unless required by law.

18. Disclaimers

WITTY services are provided "as is" and "as available." WITTY disclaims all warranties, including merchantability, fitness for a particular purpose, non-infringement, expected commercial results, continuous uptime, data accuracy (including FX rates, importer data, AI output), and settlement timeframes.

19. Limitation of Liability

To the maximum extent permitted by law, WITTY is not liable for lost profits, revenue, customers, data, reputation, or opportunities; FX or token price changes; compliance holds, KYC delays, or freezes; third-party failures or network congestion; or AI-generated errors. WITTY's total cumulative liability shall not exceed the total fees paid by the user to WITTY in the preceding 12 months or USD $1,000, whichever is lower.

20. Indemnification

You agree to indemnify and hold harmless WITTY and its affiliates, officers, employees, agents, partners, and vendors from any claims, damages, penalties, or expenses arising from your platform use, legal violations, breach of Terms, commercial dealings with third parties, outbound contact using WIZZY, or any claim brought due to your activity.

21. Suspension & Termination

WITTY may suspend, restrict, freeze funds, or terminate accounts without prior notice for KYC/AML concerns, suspected fraud/abuse, compliance violations, regulator/bank requests, or misuse. WITTY is not obligated to disclose internal risk reasoning.

22. Intellectual Property

All platform content, trademarks, UI/UX, WIZZY models, databases, dashboards, APIs, and documentation are owned by WITTY or licensors. You receive a limited, non-exclusive, non-transferable license to use the platform. You may not reverse engineer, resell, or train competing AI models on WITTY data/outputs; nor represent WITTY as your agent, bank, or regulated affiliate.

23. Governing Law & Jurisdiction; Dispute Resolution

These Terms are governed by the laws of British Columbia, Canada. Disputes shall first go to binding arbitration in British Columbia. If arbitration fails or injunctive relief is required, either party may bring an action in BC Superior Court. Class actions and joint claims are waived. Users outside Canada consent to jurisdiction and enforcement.

24. Modifications to Terms

WITTY may update these Terms at any time, with effect upon publication. Material changes (fees, rights, legal exposure) will be communicated by email or in-app notice. Continued use constitutes acceptance.

25. Assignment

WITTY may assign or delegate rights under this Agreement to affiliates, successors, or acquiring entities. Users may not transfer accounts or rights without written consent.

26. Severability

If any clause is found invalid, the remainder remains enforceable to the fullest extent permitted by law.

27. Entire Agreement

These Terms, together with the Privacy Policy, Risk Disclosures, and product-specific agreements, constitute the entire agreement between you and WITTY and supersede prior understandings.

Appendix A — Risk Disclosures

A1. Crypto Asset Risk

Crypto markets are volatile and subject to regulatory changes. On-chain transactions are irreversible; errors or fraud may lead to permanent loss. WITTY does not control blockchain networks or third-party custody services.

A2. Foreign Exchange (FX) Risk

FX rates are market-driven and may include spreads. Settlement times vary by corridor and partner. Delays, recalls, or reversals may occur due to compliance or correspondent banking requirements.

A3. AI Output & Automation Risk (WIZZY)

AI outputs can be inaccurate or incomplete. Users must validate critical decisions. Automated outreach must comply with anti-spam, privacy, and consent laws.

A4. International Trade & Export Compliance Risk

Exporters must comply with export controls, sanctions, dual-use item rules, customs, taxes, and local import regulations. WITTY is not responsible for compliance failures or commercial disputes.

A5. Banking Partner & Settlement Risk

Banking partners may impose holds, reversals, or enhanced due diligence. Pooled accounts (with unique references) may be used in some currencies and are functionally compliant for reconciliation but may not provide named IBANs.

A6. Market Volatility & Token Value Risk

WTY token value may fluctuate. There is no guarantee of appreciation, liquidity, or resale value. Redemption formulas are revenue-indexed and may change.

A7. Operational & Security Risk

Compromised devices, weak passwords, or social engineering can result in account compromise. Use strong passwords, 2FA, and secure devices. Notify WITTY immediately of suspicious activity.