Terms of Use
Last updated 17th January 2025
1. INTRODUCTION
1.1. These Terms and Conditions (the "Terms" or this "Agreement") govern the use of the electronic trading platform, including any website or mobile application (the "App", together with the website, the "Site") for accessing the platform, and any services provided through the platform (collectively, the "Platform") provided by Rebble, a digital asset trading platform operated by SYARPA ("we", "us" or "our"). "Digital Assets" means Bitcoin, Ether, or other crypto or digital assets or currencies. Rebble enables the buying, selling, and exchange of cryptocurrencies and related assets. The Terms form a binding agreement between the US and you, as an individual user ("you", "your" or "User") for your individual usage of the App and Platform. By registering for and downloading the App and using the Platform, you confirm your acceptance of this Agreement and our associated Privacy Policy. 1.2. Acceptance of these Terms: Your decision to access or use our Services constitutes explicit acknowledgment and acceptance of these Terms in their entirety. Should you find yourself in disagreement with any aspect of these Terms, you must immediately cease all access to and use of our Services. We strongly encourage you to review these Terms carefully before proceeding with any use of our platforms or services.
2. ELIGIBILITY
2.1. The use of Rebble's Services is subject to strict eligibility requirements designed to ensure compliance with applicable laws and regulations while protecting both our users and our platform. 2.2. To be eligible for our Services, you must satisfy several fundamental criteria. First and foremost, you must have attained the age of majority, specifically 18 years or older, in your jurisdiction of residence. Additionally, you must possess the legal capacity to enter into binding contractual agreements under the laws of your jurisdiction. 2.3. Your residence must be within a jurisdiction where our Services are legally permitted to operate, and you must be able to provide accurate, current, and complete information during all stages of your interaction with our platform. 2.4. Furthermore, you must maintain ongoing compliance with all applicable laws, regulations, and requirements in your jurisdiction. 2.5. Rebble reserves the unequivocal right to verify your identity and eligibility at any time before or during your use of our Services, which may include requesting additional documentation or information to confirm your compliance with these requirements.
3. ACCOUNT REGISTRATION AND SECURITY
3.1. The establishment and maintenance of your Rebble account require adherence to comprehensive security protocols and responsible account management practices. 3.2. To initiate access to our Services, you must complete our account registration process, which involves providing accurate, current, and complete information about yourself and creating secure login credentials. 3.3. This information must be maintained and updated promptly whenever changes occur to ensure continued accuracy. 3.4. The security of your account is paramount, and you bear sole responsibility for maintaining the confidentiality of your account credentials, including your username and password. 3.5. This responsibility extends to all activities that occur under your account, whether authorized by you or not. 3.6. You are required to implement reasonable security measures to protect your account and must immediately notify Rebble of any suspected unauthorized access, security breaches, or compromised account credentials. 3.7. We maintain the right to verify your identity at any time and may suspend or terminate access to your account if we detect any suspicious activity or potential security concerns.
4. INVESTMENT SERVICES
4.1. Rebble's investment services encompass a sophisticated and comprehensive suite of financial products and tools designed to democratize access to investment opportunities across Africa. 4.2. Through our platforms, we provide users with seamless access to a diverse range of investment options, including: a) digital asset investments b) trading digital assets 4.3. Users must acknowledge that trading digital assets carries substantial risk, including market volatility and regulatory changes, and investment activities may result in the loss of part or all of their invested capital. The value of investments can fluctuate significantly, and users should carefully consider their financial situation and risk tolerance before making any investment decisions. 4.4. Rebble does not guarantee any specific investment outcomes or returns, and users should invest only what they can afford to lose after careful consideration of their financial circumstances.
5. COMPLIANCE WITH AML/CFT/CPF LAWS AND POLICIES
5.1. Rebble maintains strict compliance with all applicable Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and Counter-Proliferation Financing (CPF) laws, regulations, and international standards. 5.2. Our comprehensive compliance program requires robust due diligence measures and imposes specific obligations on all users of our Services. 5.3. By accepting these Terms, you explicitly acknowledge and agree that Rebble shall collect and verify information about your: a) identity; b) source of funds; c) nature of transactions; and d) business relationships 5.4. In accordance with our Know Your Customer (KYC) procedures. This includes, but is not limited to: a) providing valid identification documents; b) proof of address; c) source of wealth documentation, and d) any additional information we may reasonably request to fulfill our regulatory obligations. 5.5. You expressly authorize us to conduct ongoing monitoring of your account activities, report suspicious transactions to relevant authorities, and take appropriate action, including freezing accounts or refusing transactions, where we have reasonable grounds to suspect non-compliance with AML/CFT/CPF requirements. 5.6. Furthermore, you represent and warrant that all funds used in connection with our Services are derived from legitimate sources and are not proceeds of criminal activities. 5.7. Rebble reserves the right to terminate or suspend services immediately and without prior notice if we suspect any violation of AML/CFT/CPF laws or if you fail to provide requested due diligence information within specified timeframes.
6. USER OBLIGATIONS
6.1. As a user of Rebble's investment platforms and services, you are bound by a comprehensive set of obligations designed to maintain the integrity, security, and proper functioning of our services while ensuring compliance with applicable laws and regulations. 6.2. These obligations require that you: a) consistently provide accurate, complete, and truthful information throughout your use of our services, including during account registration, verification processes, and all subsequent interactions. b) You must conduct all activities on our platforms in strict compliance with applicable laws, regulations, and these Terms, specifically avoiding any forms of market manipulation, fraudulent activities, or attempts to deceive other users or the platform itself. c) Furthermore, you are explicitly prohibited from using our Services for any illicit purposes, including but not limited to money laundering, terrorist financing, or any other financial crimes. d) You must not attempt to circumvent, disable, or otherwise interfere with our security features or technical measures, nor assist others in doing so. 6.3. Any violation of these obligations may result in immediate suspension or termination of your account and possible legal action, including reporting to the appropriate law enforcement agencies for investigation and prosecution.
7. FEES AND CHARGES
7.1. The financial relationship between Rebble and its users is governed by a transparent and comprehensive fee structure detailed in our Fee Schedule, which forms an integral part of these Terms. 7.2. By accepting these Terms, you acknowledge and agree to pay all applicable fees and charges associated with your use of our Services, including but not limited to trading fees, management fees, withdrawal fees, and any other charges as specified in the current Fee Schedule. 7.3. Rebble maintains the right to modify this fee structure at our discretion, provided that we give reasonable notice of any material changes through our platform or other appropriate communication channels. 7.4. We are authorized to automatically deduct any applicable fees directly from your account balance or any funds held on our platform. 7.5. Additional fees may be charged for premium or specialized services, and these will be clearly communicated to you before such services are rendered. 7.6. All fees are non-refundable unless explicitly stated otherwise or required by applicable law.
8. INTELLECTUAL PROPERTY
8.1. The intellectual property rights associated with Rebble's platforms and services constitute valuable assets that are fundamental to our business operations and user experience. 8.2. All intellectual property elements within our Services, including but not limited to our proprietary software, algorithms, artificial intelligence systems, platform design, user interface, content, graphics, logos, and trademarks, are either owned by or licensed to Rebble and are protected by applicable intellectual property laws. 8.3. By accessing our Services, you are granted a limited, non-exclusive, non-transferable license to use our intellectual property solely for the purpose of accessing and using our Services as intended. 8.4. This license explicitly prohibits any unauthorized copying, modification, distribution, or reproduction of our intellectual property. You may not attempt to reverse engineer, decompile, or otherwise attempt to extract the source code of our software or underlying algorithms. 8.5. Furthermore, you are prohibited from using our intellectual property for any commercial purposes without obtaining explicit prior written authorization from Rebble.
9. DISCLAIMER
9.1. Rebble is a non-custodial platform and does not hold user funds at any time. 9.2. You retain sole control and responsibility over your assets. Rebble has no access to or ability to retrieve, freeze, or otherwise control user funds. 9.3. By using Rebble, you acknowledge and accept that Rebble bears no liability for any loss of funds arising from the use of third-party wallets or platforms. 9.4. If you choose to use the platform or collective content, you do so at your sole risk. You acknowledge and agree that Rebble has no obligation to conduct background checks on any user, including, but not limited to, individuals or entities engaging in transactions, to the extent permitted by applicable laws. We disclaim all warranties, express or implied, that such checks (if conducted) will identify prior misconduct by a user or guarantee that a user will not engage in misconduct in the future. 9.5. The platform, services, and collective content are provided "as is," without warranty of any kind, either express or implied. Without limiting the foregoing, Rebble explicitly disclaims any warranties of merchantability, fitness for a particular purpose, quiet enjoyment, non-infringement, and any warranties arising out of course of dealing or usage of trade. Rebble makes no warranty that the platform, services, or collective content including, but not limited to, crypto transactions, digital asset storage, or information provided by users will meet your requirements or be available on an uninterrupted, secure, or error-free basis. Rebble makes no warranty regarding the quality, accuracy, reliability, or timeliness of any information or services obtained through the platform. 9.6. No advice or information, whether oral or written, obtained from Rebble or through the platform or collective content, will create any warranty not expressly made herein. 9.7. Third-Party Links and Integrations Disclaimer: Our website may contain links to third-party websites or services, or offer integrations with third-party platforms. By accessing these third-party services, you acknowledge and agree that you are subject to their respective terms of use and privacy policies. Rebble is not responsible for the content, policies, or practices of any third-party sites or services and shall not be held liable for any loss or damages arising from your use of them.
10. LIMITATION OF LIABILITY
10.1. The scope of Rebble's liability in connection with our Services is carefully defined and limited to the maximum extent permitted by applicable law. 10.2. Rebble explicitly disclaims liability for any losses, damages, or adverse outcomes resulting from investment decisions, market conditions, or technical issues beyond our reasonable control. 10.3. This limitation encompasses, but is not limited to, any direct, indirect, incidental, special, consequential, or punitive damages arising from your use of our Services, including investment losses, technical failures, service interruptions, data breaches, or actions of third parties. 10.4. We specifically disclaim liability for lost profits, lost opportunities, or any other financial losses incurred through the use of our Services. 10.5. We specifically disclaim liability that arises as an adverse effect of Legislative and regulatory changes or actions at the state, federal, or international level which may adversely affect the use, transfer, exchange, and value of Digital Assets. 10.6. We specifically disclaim liability that you may incur or loss that you may suffer should the platform or site become unavailable due to changes of applicable laws and policies. 10.7. The total aggregate liability of Rebble and its affiliates, officers, employees, and agents for any claims arising from or relating to these Terms or our Services shall not exceed the total amount of fees paid by you to Rebble in one month immediately preceding the event giving rise to the claim.
11. TERMINATION
11.1. The termination provisions outlined herein establish the conditions and procedures under which either party may end the relationship established by these Terms. 11.2. Rebble reserves the right to terminate or suspend your account and access to our Services, either temporarily or permanently, under various circumstances including, but not limited to: a) violations of these Terms; b) suspicious or fraudulent activity; c) regulatory requirements, or d) at our discretion with reasonable notice. 11.3. Upon termination, regardless of the initiating party or cause, you must immediately cease all use of our Services and platforms. 11.4. Any outstanding obligations, including financial obligations, survive termination and remain binding until fulfilled. 11.5. You retain the right to withdraw any available funds from your account following termination, subject to applicable laws, regulations, and any ongoing investigations or legal proceedings. 11.6. Rebble will maintain records related to terminated accounts as required by law and our internal policies.
12. INDEMNIFICATION
12.1. You agree to release, defend, indemnify, and hold harmless Rebble, its affiliates and subsidiaries, and their respective officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses (including, without limitation, reasonable legal and accounting fees) arising out of or in any way connected with: a) your access to or use of the Platform, Services, or Collective Content, or your violation of these Terms; b) your User Content; c) your transactions conducted through the Platform, d) use of any payment, transfer, or storage functionality, or (iii) interactions with other Users; or e) any breach by you of applicable laws, regulations, or third-party rights arising out of your financial activities conducted through the Platform, including but not limited to any financial losses, unauthorized transactions, disputed payments, or other damages (whether compensatory, direct, incidental, consequential, or otherwise).
13. GOVERNING LAW AND JURISDICTION
13.1. These Terms and your relationship with Rebble shall be governed by and construed in accordance with the laws of Nigeria, without regard to its conflict of law provisions. 13.2. Any disputes, controversies, or claims arising out of or relating to these Terms, including their validity, interpretation, breach, or termination, shall be resolved through a progressive dispute resolution process. 13.3. Any dispute or differences arising out of the construction, interpretation or performance of the obligations created under this relationship which cannot be settled amicably between the Parties within one (1) month after receipt by a Party of the other Party's request for such amicable settlement may be referred to arbitration under the Arbitration and Mediation Act, 2023. 13.4. The Parties agree that: a) the arbitration proceedings shall be conducted by a single arbitrator appointed by the Parties. If the Parties fail to agree on the appointment of the arbitrator within fourteen (14) days from the date of notification, the Parties agree that the Chairman of the Chartered Institute of Arbitrators (UK), Nigeria Branch, shall appoint the arbitrator; b) the arbitration award shall be final and binding on the Parties except for instances of misconduct on the part of the arbitrator or error on the face of the arbitral award; and c) the place of arbitration shall be in Lagos, Nigeria and the language of arbitration award shall be the English Language.
14. AMENDMENTS
14.1. Rebble maintains the right to modify, amend, or update these Terms at any time to reflect changes in our Services, legal requirements, or business operations. 14.2. Such modifications will be communicated through our platform, and users will be notified of significant changes through appropriate channels, which may include email notifications, platform announcements, or other forms of electronic communication. 14.3. When material changes are made to these Terms, we will require explicit acknowledgment and acceptance of the updated Terms before continued use of our Services is permitted. 14.4. Your continued use of our Services following any modifications to these Terms constitutes your acceptance of such changes. 14.5. If you do not agree with any modifications, you must immediately cease using our Services. It is your responsibility to regularly review these Terms to stay informed of any updates or changes.
15. SEVERABILITY
15.1. The severability provisions contained herein ensure the continued validity and enforceability of these Terms in the event that any individual provision is found to be invalid, illegal, or unenforceable. 15.2. In such circumstances, the invalid or unenforceable provision shall be deemed severed from these Terms, while all remaining provisions shall continue in full force and effect. 15.3. The invalid or unenforceable provision shall be replaced with a valid and enforceable provision that most closely approximates the intent and economic effect of the original provision. 15.4. The severability of individual provisions shall not affect the validity of these Terms as a whole, and all provisions shall be interpreted in a manner that best effectuates the original intent, purpose, and commercial objectives of these Terms.
16. CONTACT INFORMATION
16.1. For any questions, concerns, or communications regarding these Terms or our Services, Rebble maintains dedicated channels for user contact and support. 16.2. Our legal department can be reached through multiple channels: via email at support@rebble.app. 16.3. We strive to respond to all inquiries in a timely and professional manner. 16.4. Any legal notices or formal communications must be sent in writing to our designated legal address. Users should maintain records of all communications with Rebble regarding legal matters or disputes. 16.5. Our support team is available during standard business hours to assist with any questions or concerns regarding these Terms or our Services.
17. ACKNOWLEDGMENT
17.1. Your acknowledgment and acceptance of these Terms represents a crucial final element of our legal agreement. 17.2. By accessing or using Rebble's services, you explicitly acknowledge that you have read, fully understood, and agreed to be bound by these Terms in their entirety. 17.3. This acknowledgment extends to all current provisions and any future modifications or amendments. 17.4. You confirm that you have the legal capacity to enter into this agreement and that your acceptance is given freely and with full understanding of the obligations and rights contained herein. 17.5. Furthermore, you acknowledge that these Terms represent the complete and exclusive statement of the agreement between you and Rebble, superseding any prior agreements or understandings, whether written or oral, relating to the subject matter herein.