This table summarises the key features of the KOINEXPERT product, so that you can use this as a guide when reading the legal terms and conditions. This table is not a legal agreement. For a proper understanding, you must read all of the terms and conditions set out in the Agreement.
|Parties||You and KOINEXPERT will enter into an agreement which will allow you to take advantage of arbitrage opportunities within the Crypto Asset industry|
|What Is Crypto Asset Arbitrage?||Crypto Asset arbitrage is a type of trading that exploits differences in prices to make a profit. These price differences commonly referred to as “arbitrage spreads”, can be used to buy a cryptocurrency at a lower price and then sell it at a higher price|
|Regulations||Crypto assets is currently an unregulated activity in South Africa. This means that you don’t have the protection of legislation when investing|
|Use of licensed Authorised Dealers (AD)||KOINEXPERT will facilitate, subject to certain volume and other limits, your Crypto Asset Arbitrage opportunity to the Authorised Dealer or its nominated juristic representative upon instruction|
|Profits and Losses||