Terms and Conditions
Terms and Conditions for Sonic Snipe Bot - Automated Trading Platform
1. Introduction
Scope: This document outlines the Terms and Conditions (T&C) for the use of Sonic Snipe Bot, an automated cryptocurrency trading platform accessible via Telegram.
Parties: This agreement is between the entity providing Sonic Snipe Bot (hereafter referred to as "the Provider") and the individual or entity utilizing the service (hereafter referred to as "the User").
2. Acceptance of Terms
Consent: Utilisation of Sonic Snipe Bot constitutes unconditional agreement to these T&C by the User.
Eligibility: Users affirm they are of legal majority age and possess the legal authority to enter into binding contracts.
3. Use of the Platform
Functionality: Sonic Snipe Bot offers automated trading services, utilizing router contracts such as Uniswap for cryptocurrency transactions.
Data Security: The User acknowledges that their private keys, required for transactions, will be encrypted using industry-standard AES-256 encryption and stored securely on the Provider's servers with restricted access.
Trading Fees: Users acknowledge and agree to the application of trading fees based on their membership tier. These fees are clearly outlined in the Membership Tiers and Benefits section.
4. Risk Acknowledgement
Risk Disclosure: The User acknowledges the inherent high-risk nature of cryptocurrency trading, including but not limited to market volatility, technical issues such as server outages or transaction failures, and regulatory changes that may impact trading activities.
Liability: The User assumes full responsibility for all trading decisions and acknowledges that the Provider bears no liability for these decisions.
Fee Impact: Users acknowledge that trading fees, whether charged per transaction or accrued cumulatively, will be deducted from their wallet balance or trading profits, as applicable.
5. Privacy and Data Protection
Data Handling: Personal and transactional data of Users will be collected and stored by Sonic Snipe Bot, strictly for facilitating trading activities.
Confidentiality Assurance: The Provider commits to implementing robust security protocols to safeguard User data against unauthorized access and breaches.
6. Intellectual Property Rights
Rights and Ownership: All intellectual property associated with Sonic Snipe Bot is the sole property of the Provider.
Restrictions: Unauthorized reproduction, distribution, or exploitation of Sonic Snipe Bot's content or technology is expressly prohibited.
7. Prohibited Conduct
Restrictions: The User is prohibited from engaging in unlawful trading, system manipulation, fraud, or any activity detrimental to the integrity of Sonic Snipe Bot.
Enforcement: Breach of these prohibitions may result in immediate termination of the User's account and legal action where necessary.
8. Limitation of Liability
Exclusion of Liability: The Provider disclaims any responsibility for losses or damages, direct or consequential, resulting from the use of Sonic Snipe Bot.
Unauthorized Access: The Provider is not liable for any losses or damages resulting from unauthorized access to your account, regardless of how access was gained, including but not limited to third-party breaches, compromised Telegram accounts, or failure to follow security recommendations, such as neglecting to set a strong password or enable two-factor authentication.
Account Compromise: Users are solely responsible for maintaining the security of their account, including passwords, emails, and enabling two-factor authentication (2FA). If a User's account is compromised, the Provider will not be held responsible for any resulting losses or unauthorized transactions.
Telegram Account Security: As Sonic Snipe Bot utilizes Telegram to deliver the service, the Provider is not responsible for any security vulnerabilities, breaches, or unauthorized access stemming from the Telegram platform. Users are encouraged to secure their Telegram accounts by enabling 2FA and being cautious of third-party applications.
Security Failures: The Provider does not accept responsibility for any data loss, transaction errors, or system failures that occur due to security issues, technical failures, or user negligence (e.g., failure to set a password, email, or lock the account).
Risk Acceptance: By using Sonic Snipe Bot, Users acknowledge that the security of their accounts, wallets, and personal data is a shared responsibility. The Provider disclaims all liability for damages arising from users' failure to implement security features like 2FA or secure password practices.
- Fee Deduction
The Provider assumes no liability for disputes arising from trading fee deductions, as these are integral to the platform's operation and clearly outlined in the Membership Benefits. Users acknowledge that trading fees will be deducted as specified, and any disputes related to fees are not the responsibility of the Provider.
Referral and Incentive Programs: The Provider disclaims any responsibility for delays, inaccuracies, or loss of commissions and incentives due to technical failures, fraudulent activity, or program modifications. Users must report any discrepancies related to commissions or incentives within 7 days for resolution.Users acknowledge that all promotional rewards are subject to verification and may be revoked at the Provider’s discretion. Additionally, the Provider is not liable for any discrepancies in the calculation or distribution of commissions or incentives arising from third-party service issues, network errors, or other factors outside of the Provider’s control.
9. Indemnification
User's Obligation: The User agrees to indemnify and hold harmless the Provider and its affiliates from any claims, losses, liabilities, or expenses incurred in relation to the User's use of Sonic Snipe Bot.
Fee Structure Disputes: The User agrees to indemnify the Provider against claims related to fee structure or deductions, as these are detailed in the platform's terms and are transparent to all Users. This includes but is not limited to any disputes related to trading fees, membership fees, or the application of such fees.
Security-Related Incidents: The User agrees to indemnify and hold harmless the Provider in cases where any unauthorized access, breaches of account security, or data loss occur due to the User’s failure to follow recommended security practices (e.g., failure to set a password, enable 2FA, or secure their Telegram account). This includes damages arising from negligence, misuse, or the sharing of credentials with third parties.
Referral and Incentive Program Disputes: The User agrees to indemnify the Provider against any claims related to discrepancies, delays, or inaccuracies in referral commission payments or engagement rewards, which may arise due to technical errors, third-party issues, or fraudulent activity.
10. Security of the Platform
Responsibility of Users:
Users are responsible for maintaining the confidentiality of their login credentials, including ensuring that no third parties have access to their login credentials or account-related information. The Provider is not liable for any security incidents resulting from users sharing their credentials, using unsecured devices, or failing to follow recommended security practices. To enhance account security, the Provider strongly recommends:
Setting a strong password.
Enabling two-factor authentication (2FA) for extra protection.
Regularly monitoring account activity for any unauthorised actions.
No Liability for Unauthorised Access: The Provider does not assume liability for any unauthorised access, breaches, or other security incidents arising from the User's failure to comply with recommended security measures, including failure to:
Set a password.
Enable 2FA.
Lock their account during periods of inactivity.
Monitor their account for unauthorised activity.
11. No Responsibility for Telegram Security
Since Sonic Snipe Bot utilizes Telegram to provide its services, Users understand and accept that the security of their Telegram account is outside the control of the Provider. Any breach or unauthorized access resulting from Telegram-related vulnerabilities (e.g., third-party applications, phishing attempts, or lack of Telegram security settings) will not be the responsibility of the Provider.
Users are advised to:
Enable Two-Factor Authentication (2FA) for their Telegram account.
Be cautious of third-party apps requesting access to their Telegram account.
Report any suspicious activity to the Telegram support team directly.
11.1 Force Majeure
The Provider shall not be held liable for any failure to perform, or delays in performance, of any obligation under these Terms if such failure or delay is due to circumstances beyond the Provider’s reasonable control, including, but not limited to, acts of nature, war, strikes, labor disputes, technical failures, natural disasters, government actions, or third-party service disruptions.
12. Governing Law and Dispute Resolution
Applicable Law: These T&C shall be governed by and construed in accordance with the laws of the jurisdiction where the Provider is incorporated.
Jurisdiction: Any disputes arising under these T&C shall be subject to the exclusive jurisdiction of the courts in the jurisdiction where the Provider is incorporated.
13. Amendments to Terms
Updates: The Provider reserves the right to modify these T&C at any time. Users will be notified of any significant changes.
14. Severability
Validity: Should any provision of these T&C be found invalid or unenforceable, the remaining provisions shall continue in full force and effect.
15. Fees and Membership Tiers
Membership Tiers: Users can select a membership tier by holding the required amount of Sonic tokens. Each tier offers distinct trading benefits, including reduced fees and extended wallet capacity. Membership tiers are outlined in the Membership Tiers page.
Trading Fees: The default trading fee is 1% for Standard accounts. Premium accounts and above receive reduced fees as detailed in the Membership Benefits Overview.
Fee Accumulation: Fees accrue progressively and are automatically deducted upon reaching the accumulation threshold. Notifications will be provided for each deduction.
Liquidity-Supporting Fee: Sales of Sonic tokens through the service may include a nominal fee to maintain liquidity, acting as an anti-dump mechanism. A portion of this fee may be used for Sonic token buybacks, with allocation based on liquidity impact.
16. Referral Commissions, Incentives, and Engagement Rewards
16.1 No Guaranteed Earnings Referral commissions and incentives provided by Sonic Snipe Bot are not guaranteed. Rewards depend on factors such as trading fees generated, platform performance, and ongoing promotions. The Provider reserves the right to modify, pause, or discontinue any referral commission structure, engagement incentives, or promotional rewards at its sole discretion.
16.2 Eligibility for Commissions To qualify for referral commissions, Users must adhere to the rules outlined in the "Refer and Earn with Sonic" and "Engagement Program" sections. Failure to meet any requirements may result in forfeiture of commissions.
Commissions are calculated based on trading fees generated by referred users.
External factors, such as network delays or third-party service issues, may impact commission calculations.
16.3 Non-Liability for Commissions The Provider is not liable for any discrepancies, delays, or failures in commission payments caused by technical errors, wallet issues, or incorrect referral tracking.
Users must monitor their earnings using the platform's tools (e.g.,
/commissiondashboard) and report any discrepancies within 7 days.The Provider is under no obligation to retroactively adjust commissions after this period.
16.4 Engagement Rewards Engagement rewards, including airdrops and competitions, are promotional incentives provided at the Provider's discretion.
Rewards are determined based on predefined criteria, such as verified engagement across platforms (e.g., Twitter, Facebook, and Telegram).
Tasks completed via third-party platforms, such as Zealy.io, are subject to platform-specific rules. The Provider assumes no liability for technical or operational issues arising from their use.
Fraudulent, spam-like, or manipulative engagement may result in disqualification and reward revocation.
16.5 Audit, Verification, and Program Changes The Provider reserves the right to:
Audit referral activities and engagement metrics to ensure compliance with these Terms.
Disqualify fraudulent referrals, fake engagements, or misuse of the referral system, which may result in suspension or termination of rewards.
Amend or terminate any referral program, engagement competition, or incentive structure without prior notice.
16.6 Limitation of Liability The User agrees that the Provider bears no liability for loss of expected commissions, incentives, or rewards under any circumstances. This includes, but is not limited to:
Changes to program structures or reward eligibility.
Calculation errors, external technical issues, or delays.
16.7 Acceptance of Terms By continuing to participate in referral programs, engagement competitions, or any promotional incentives, the User acknowledges acceptance of these Terms and the Provider's final authority over reward distribution
17. $Sonic Partners Network
17.1 Overview The $Sonic Partners Network is a program designed to reward eligible partners with commissions for referring users to Sonic Snipe Bot. Partners earn commissions based on trading fees generated by their referred users. Participation in this program is subject to the terms outlined in this section and all other provisions of these Terms and Conditions.
17.2 Commission Structure Partners in the $Sonic Partners Network are eligible to earn commissions on trading fees generated by their referred users. The specific commission rate is determined by the Provider and may be adjusted at the Provider’s sole discretion without prior notice.
17.3 Program Participation Participation in the $Sonic Partners Network is subject to the following conditions:
Eligibility: Partners must meet and maintain eligibility criteria as determined by the Provider.
Active Referrals: Partners are required to actively refer new users to maintain their eligibility for commissions.
Compliance: Partners must comply with all provisions of these Terms and Conditions and refrain from abusive or manipulative practices.
17.4 Termination and Removal The Provider reserves the right to terminate or suspend any Partner’s participation in the $Sonic Partners Network at its sole discretion for any reason, including but not limited to:
Abusive use or manipulation of the referral system.
Lack of active referrals or inactivity within the program.
Fraudulent, suspicious, or unusual behavior deemed detrimental to the integrity of the program or the platform.
17.5 Modification of Terms The Provider retains the right to:
Modify, suspend, or discontinue the $Sonic Partners Network at any time without prior notice.
Adjust the commission rate or program structure at its sole discretion.
17.6 Limitation of Liability The Provider disclaims any liability for:
Loss of expected commissions due to changes in commission rates or program termination.
Suspension or removal of a Partner from the program for any reason.
Errors in commission calculations caused by technical issues or third-party service disruptions.
17.7 Acceptance of Terms By participating in the $Sonic Partners Network, Partners acknowledge and agree to the following:
The Provider’s decisions regarding program participation, commission rates, and eligibility are final and binding.
The Provider is not obligated to provide prior notice of changes to the $Sonic Partners Network.
The terms outlined in this section supersede any verbal or written representations regarding the $Sonic Partners Network.
15.8 Audit and Verification The Provider reserves the right to audit referral activities and commission distributions to ensure compliance with these Terms. Any detected violations may result in the suspension of commissions, disqualification from the program, or additional legal action if warranted.
18. Password Reset Policy
18.1 Password and Email Setup
Important Security Recommendation: Users are required to set a strong password that includes a combination of uppercase and lowercase letters, numbers, and special characters to enhance account security. Both options are optional but recommended for account recovery and security purposes.
18.2 Password Reset Requests
In cases where Users request a password reset:
If an email is set: The Provider will send a verification email to the registered email address for confirmation before resetting the password.
If no email is set: The Provider will attempt to verify the User’s identity by asking security questions or through other verification methods. This process may include assessing wallet balances or other indicators to ensure the User's authenticity.
18.3 Security and Account Verification
The Provider reserves the right to deny password reset requests if:
Sufficient verification cannot be completed to establish that the requester is the account owner.
The User's wallet holds substantial funds, and the risk of unauthorized access or fraud is deemed significant.
18.4 User Responsibility
Users are solely responsible for securely storing their wallet keys and passwords. Wallet keys should be recorded and kept in a safe place to facilitate account recovery without requiring a password reset.
Users acknowledge that losing access to their wallet keys may result in permanent loss of funds if password recovery is not possible.
18.5 Timeframe and Fees for Password Reset
Password reset requests may take up to five (5) business days from the time the request is received.
A fee may apply for password resets, which is:
Up to 10% of the total wallet balance, or
A minimum of $100, whichever is greater.
Users will be informed of the applicable fee prior to the reset process.
18.6 Limitation of Liability
The Provider is not liable for losses incurred due to unauthorised access or fraudulent password reset requests.
By requesting a password reset, the User agrees to the Provider’s verification process, potential denial of the request, and applicable fees.
19. Revenue Share & Airdrop Terms
19.1 Overview
As part of the Sonic Revenue Share program, Sonic Snipe Bot may periodically conduct buybacks of the Sonic Token ($Sonic) and distribute a portion of the acquired tokens through an airdrop to top holders of Sonic Tokens. Please note that the eligibility for, and the amount of, each airdrop is at the Provider's sole discretion and may vary based on platform revenue, strategic decisions, and market conditions. The criteria for determining top holders and the amount to be distributed to each group may change over time based on platform revenue and strategic considerations. The amount allocated to each group of holders will vary depending on the total number of eligible holders and available tokens for each airdrop.
19.2 Airdrop Eligibility Criteria
Top Holders: To qualify for the airdrop, users must be among the top holders of Sonic Tokens at the time the airdrop is conducted. The criteria for "top holders" may change with each airdrop event. The allocation of tokens to each group will be proportional to the holdings of users in relation to the total available airdrop tokens.
Calculation of Top Holders: The number of eligible holders and the percentage of tokens allocated to each group is calculated at the discretion of the Provider using both proprietary software and third-party services like Blockvision’s API. The top holders for each airdrop are determined based on the current token holdings of users at the time of the calculation, which may occur within a 24-hour window or any other timeframe as decided by the Provider.
19.3 Airdrop Distribution Mechanism
Amount per Group: The amount to be airdropped to each holder is determined by the percentage of total holdings of each wallet relative to the total eligible holdings in each category. The distribution for each group (such as holders with more than 1%, 0.2%, etc.) may vary with each distribution, based on available revenue and strategic decisions made by the Provider.
Software and API Usage: While the Provider utilizes Blockvision’s API and other third-party services to assess the eligibility of holders, the final airdrop distribution will be determined by the Provider’s internal software. Due to potential discrepancies or inaccuracies in third-party data, the Provider cannot be held responsible for errors in determining eligibility or airdrop amounts.
19.4 Disputes Regarding Airdrop Eligibility
Dispute Window: If you believe you should have received an airdrop but were not included in the published list, you must submit a dispute within 72 hours from the time the airdrop list is made publicly available. After 72 hours, no further disputes will be accepted, and the Provider will have no obligation to address any claims or provide retroactive adjustments.
Dispute Process: All disputes must be submitted through official communication channels, and users must provide sufficient evidence to support their claim. The Provider reserves the right to reject any dispute deemed frivolous, untimely, or unsupported by adequate evidence.
Discretion in Final Decision: The Provider maintains full discretion in determining eligibility and resolving any disputes. All decisions made by the Provider regarding airdrop eligibility, amounts, and recipients are final and binding.
19.5 Limitations and No Guarantees
No Guaranteed Airdrops: Participation in the Sonic Snipe Bot ecosystem does not guarantee eligibility for an airdrop. Airdrop distributions are contingent upon the availability of tokens, platform revenue, and strategic decisions made by the Provider. The amount and timing of each airdrop may vary depending on market conditions, revenue, and other factors.
Accuracy of Data: While the Provider will make reasonable efforts to ensure the accuracy of the airdrop process, third-party data, including that provided by Blockvision’s API, may contain inaccuracies. The Provider cannot be held responsible for any discrepancies, errors, or omissions in data used to determine airdrop recipients or amounts.
19.6 Modifications to Airdrop Criteria and Process
Right to Modify: The Provider reserves the right to modify, pause, or discontinue the airdrop process, as well as adjust the eligibility criteria, at any time and without prior notice. This includes, but is not limited to, changes in the criteria for "top holders", the amount allocated to each group, and the timing of airdrop distributions.
Program Suspension: The Provider may suspend or cancel any ongoing airdrop if technical issues, fraudulent activity, or unforeseen circumstances arise that prevent a proper distribution. In such cases, the Provider will not be liable for any losses or damages resulting from the suspension or cancellation of an airdrop.
19.7 Limitation of Liability
The Provider shall not be held liable for any losses, discrepancies, or issues arising from the airdrop process, including but not limited to:
Failure to receive the airdrop due to inaccuracies in third-party data, user error, or system malfunctions.
Delays, technical errors, or issues related to the calculation or distribution of airdrops.
Loss of expected tokens due to disputes that are not resolved in the user’s favor.
By using the Sonic Snipe Bot platform, the User acknowledges and agrees to these terms and waives any claim against the Provider arising from the airdrop process.
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