Terms of Service


Crypto Currency Trade Limited ("we", "our", "us", "CryptoLico", or the "Company") provides the following Terms and Conditions (the "Terms") that apply to our users (each, "you" or "User") when using or purchasing CryptoLico’ products and services through our mobile application, our website, or any other online services we provide (collectively, the "Services"). The Services are provided solely for use by you, and your use of the Services is expressly conditioned on your consent to, and compliance with, these Terms. By accessing or using our Services, you agree to be bound by these Terms. If you do not agree to any of the provisions of these Terms you should immediately stop using the Services. In addition, our Privacy Policy is set forth here: https://cryptolico/privacy-policy/ and is incorporated into these Terms in its entirety. We encourage you to read these Terms carefully and use them to make informed decisions.

Crypto Currency Trade Limited is the next generation of Digital Assets-related services, serving as a value-driven investment platform for all members of the Crypto Currency Trade Limited. Crypto Currency Trade Limited allows Users to take advantage of a variety services, all in accordance with applicable law and regulation, including:

Become members in the CryptoLico platform and community;

Deposit your Digital Assets in the Cryptolico portfolio and gain interest;


Capitalized terms shall have the meanings assigned to them in these Terms, unless the context requires otherwise.

"Affiliate" means an entity that owns or controls, is owned or controlled by, or is or under common control or ownership with a party, where control is defined as the direct or indirect power to direct or cause the direction of the management and policies of such party, whether through ownership of voting securities, by contract, or otherwise.

"AML" stands for Anti-Money Laundering, which means a set of procedures, laws, and regulations that are intended to stop the practice of generating income through illegal actions.

"Blockchain" means a system in which records of transactions made in Digital Assets are maintained across several computers that are linked in a peer-to-peer network.

"Digital Asset/Cryptocurrency" means digital representation of value in which encryption techniques are used to regulate the generation of digital units and verify the transfer of funds, operating independently from a central bank.

"Eligible Digital Assets" means the types of Digital Assets we may choose to accept and support from time to time, which are subject to change in our sole discretion, based on business and regulatory considerations.

"Fiat", when used in reference to money or currency, means any money that a recognized government declares as legal tender, and has value only because such government maintains its value.

"KYC" stands for Know Your Customer (or Client), which means the process of a business verifying the identity of its customers or clients and assessing potential risks of illegal intentions for the business relationship.

"Stablecoin" means a Digital Asset that is Pegged to a distinct asset and maintains its value.

Eligibility and Proof of Identity

You must be at least eighteen (18) years old to open a Cryptolico Portfolio ("Portfolio"). Cryptolico is not obligated to accept any application from any applicant, and has sole and absolute discretion to accept or reject applications to open Accounts. Cryptolico has no responsibility or liability towards any applicant unless and until Cryptolico provides written confirmation that an Account has been opened for such applicant.

Cryptolico is required to comply with applicable Anti Money Laundering ("AML") and Know Your Client ("KYC") requirements before and after you open a Portfolio. When you apply to open a Portfolio, we will ask for documentation and information, including but not limited to copies of your government-issued identification document (e.g. Passport, driver’s license).

Nature of e-Services

Cryptolico’ Services allow you to review your Portfolio and conduct certain transactions online. You are solely responsible for the activities under your Portfolio and for securing your Portfolio IDs, passwords, hints, or any other codes that you use to access your Portfolio and the Services. Cryptolico is not responsible for any loss or compromise of your access information and/or your personal information, or for any loss that you may sustain due to compromise of your access information and/or personal information.

We will not be liable for following any instruction we receive through your Portfolio, even if it was not authorized by you, or if it was entered by mistake or is otherwise inaccurate. To verify the authenticity of any instruction we receive through your Portfolio such as deposit and withdrawal instruction, we may require confirmation via email.


All contributions to your Portfolio must consist of Eligible Digital Assets and must be transferred to the deposit address provided in your Cryptolico Portfolio(or as otherwise notified by us to you). We reserve the right to reject any deposit, and/or the right to return any deposit already made, each at your expense. Any deposit received will be treated by us as being received at the date and time stamped on the Blockchain confirmation or bank receipt time

Ownership of Digital Assets/Cryptocurrency

You hereby represent and warrant to us at all times during which you hold Digital Assets in your Portfolio that any Digital Asset used by you in connection with your Portfolio is owned by you or that you are validly authorized to carry out transactions using such Digital Assets, and that all transactions initiated with your Portfolio are for your own Portfolio and not on behalf of any other person or entity. You further represent and warrant that all such Digital Assets are free from any claims, indebtedness, liens, or third-party interests.

Your acceptance of these Terms serves as your consent to Cryptolico’ asserting its security interest or exercising its right of setoff should any laws governing your Portfolio require your consent. If the law restricts our ability to take, transfer, or setoff funds in your Portfolio, or if some deposits are protected from attachment, levy, or legal process, you waive those conditions and limits to the full extent that you may do so by contract, and you authorize us to apply funds in any or all of your Portfolios to your Obligations.

Risk Disclosure

These Terms and the deposit relationship does not create a fiduciary relationship between us and you; your Poirtfolio is not a checking or savings account, and it is not covered by insurance against losses. We may trade, assign, invest, use, commingle or otherwise dispose of funds and Eligible Digital Assets to counterparties or hold the Eligible Digital Assets with counterparties, and we will use our best commercial and operational efforts to prevent losses.

Only USDC is backed by the US Dollars and that is why we hold your funds in USDC for 21hours in every 24hours and only trade your funds for only 3 hours in the market

Other Digital Assets are not backed by dollars, such as Bitcoin, Litecoin, Ethereum, Bitcoin cash and Dash

The value of Digital Assets may be derived from the continued willingness of market participants to exchange Digital Assets for Fiat currencies or other Digital Assets. If such willingness is abolished for any reason, this may result in the potential for permanent and total loss of value of a particular Digital Asset.

We make profits for you from the volatility of Digital Assets may result in significant loss over a short period of time. The nature of Digital Assets may lead to an increased risk of fraud or cyber-attack, including rollback attacks or Blockchain reorganizations. The nature of Digital Assets means that any technological difficulties experienced by Cryptolico may prevent the access or use of your Digital Assets and/or cause losses of Digital Assets.

Although Cryptolico takes precautionary measures to protect against cyber threats, circumstances may arise where losses or damages incur. In that event, Cryptolico shall use its balance sheet to cover damages. If the losses exceed Cryptolico’ balance sheet, you authorize Cryptolico to use Eligible Digital Assets to absorb the remaining losses.

In light of these risks, which are only some of the risks involved in using the Services and holding or trading in Digital Assets, and do not constitute an exhaustive list of such risks, you should carefully consider whether holding or trading Digital Assets in general and/or using our Services is suitable for you in light of your financial condition.


You can make a deposit to your Portfolio by transferring Eligible Digital Assets to the deposit address provided by Cryptolico. Or you can make a deposit by transferring by wire transfer to the bank details provided by Cryptolico, either in your portfolio or sent to your registered email. The transfer of such Eligible Digital Assets or wire transfer to your Portfolio will not be deemed settled and completed until transfer has been received in the bank account or the Blockchain transaction is deemed confirmed to the relevant address.


You may make a complete or partial withdrawal of funds from your Portfolio at any time. Cryptolico initiates the withdrawal process immediately following a withdrawal request when possible; however, we may require up to twenty-four (24) hours after you submit your withdrawal request to process the withdrawal.

For every withdrawal request, you will be required to provide the details of the wallet to which you wish to transfer your Digital Assets or banking details. In the event that the details you provide are inaccurate, incomplete or misleading, your Digital Assets or funds may be permanently lost. We will not be liable for any loss that results from inaccurate, incomplete or misleading details that you may provide for such transfer. If the transfer address you specify is one to which we are unable to process transfers, we will have no liability for any resulting failure or delay in processing your requested withdrawal.

Cryptolico and our third-party partners may experience cyber-attacks, extreme market conditions, or other operational or technical difficulties which could result in the immediate halt of deposits and/or withdrawals either temporarily or permanently. Provided that Cryptolico has taken reasonable commercial and operational measures to prevent such events in technical systems controlled by Cryptolico, Cryptolico is not and will not be responsible or liable for any loss or damage of any sort incurred by you as a result of such cyber-attacks, operational or technical difficulties or suspensions of deposits or withdrawals. Withdrawal limits based on amounts and/or frequency may apply from time to time and will be described in your Portfolio interface. Currently, the maximum withdrawal amount for a period of 24 hours is the equivalent of USD 100,000. Any individual request to exceed withdrawal limits set by Cryptolico must be sent via email to [email protected]

Every withdrawal request shall be deemed pending until accepted by us. We may refuse to accept such request, or delay the processing of an approved request for any reasonable reason, including but not limited to insufficient funds in your Portfolio, inaccurate or misleading information provided by you, or any doubt or suspicion of money laundering or other financial crime related to your Portfolio.

How Interest Is Calculated and Paid

We will deliver 3.6% on a monthly basis, this interest is based on previous performance and in some cases, it may be higher or less. We will credit your Portfolio with the interest earned on or around the first business day of each week.

We help you make interest on your interest if the digital assets are still in your account.

Consent to Celsius’ Use of Your Digital Assets

In consideration for the interest earned on your Account and the use of our Services, you grant Celsius the right, subject to applicable law, without further notice to you, to hold the Digital Assets available in your account in Celsius’ name or in another name, and to pledge, re-pledge, hypothecate, rehypothecate, sell, lend, or otherwise transfer or use any amount of such Digital Assets, separately or together with other property, with all attendant rights of ownership, and for any period of time, and without retaining in Celsius’ possession and/or control a like amount of Digital Assets or any other monies or assets, and to use or invest such Digital Assets at Celsius’ own risk. You acknowledge that, with respect to assets used by Celsius pursuant to this paragraph:

You may not be able to exercise certain rights of ownership; and Celsius may receive compensation in connection with lending or otherwise using Digital Assets in its business to which you have no claim or entitlement.

Account Statements

We will make all logs and records of activities concerning your Portfolio available to you through our website platform only. We do not generate periodic statements showing the activity on your Portfolio. You must examine these logs and records and notify us of any unauthorized use or any error or irregularity on your Portfolio within fourteen (14) calendar days after the error occurs. If notice is not received within the fourteen (14) calendar-day period, you will not be able to raise any further claim in this respect.

Closing a Portfolio

We have the right to close your Portfolio at any time for any reason without advance notice. If your Portfolio has a balance when we close it, we will return the remaining Digital Assets to you, including accrued interest earned until the close date, without no fees deduction. Any Digital Assets that Cryptolico returns to you will be sent to the designated withdrawal addresses or bank details in your user profile on the Cryptolico platform.

Liability for Unauthorized Withdrawal from Your Portfolio

You must notify us IMMEDIATELY via email to [email protected] if you believe that an electronic transfer has been made without your permission, or if your statement shows transfers that you did not make.

Disclosure of Account Information

We will not disclose information to third parties about you, your Portfolios, or the transfers you make:

We are not responsible for delays or loss incurred as a result of an error in the initiation of the transaction and have no obligation to assist in the remediation of such transactions. By initiating a transfer, you attest that you are transacting in an Eligible Digital Currency which conforms to the particular Cryptolico portfolio into which funds are directed. For example, if you select an Bicoinwallet address to receive funds, you attest that you are initiating a transfer of Bitcoin alone.


We may record and monitor our telephone conversations with you and your electronic communications with us (chat, e-mail, and other forms of electronic exchange). Unless the law requires otherwise, you consent in advance to such recording and monitoring and we do not need to remind you of these activities. You must promptly notify us of any change in your contact information, including residential post and email address. Failure to notify us in a timely fashion may result in delay or non-receipt of notices or correspondence.

Changes in Terms

Please be aware that the terms and conditions governing portfolios or the Services can change over time. We reserve the right to discontinue or make changes to any Accounts or Services. We may change these Terms, and we may add to or delete from these Terms, and the updated version will supersede all prior versions. We will provide notice of changes, additions, and deletions as required by law. If we have provided advance notice and you do not agree with a change, you may close your portfolio(s) before the effective date of the change, which shall be your sole remedy. Your continued maintenance of your portfolio following the effective date of any change will constitute your acceptance of such change and subject your portfolio to the modified Terms.


These Terms, or any of the rights and/or obligations provided hereunder, may not be assigned or otherwise transferred by you to any other person or Entity, whether by operation of law or otherwise, without Cryptolico' express written consent, and any attempted assignment in violation of this prohibition shall be void ab initio and of no effect. Cryptolico may assign or transfer these Terms and/or any or all of its rights and/or obligations hereunder at any time to any Affiliate of Celsius. Any permitted assignment or transfer of or under these Terms shall be binding upon, and inure to the benefit of, the successors, executors, heirs, representatives, administrators and permitted assigns of the parties hereto.

Governing Law and Venue

The relationship between you and Cryptolico is governed exclusively by the laws of the Northern Ireland, without regard to its conflict of law provisions. Any dispute arising out of, or related to, your Account or relationship with Cryptolico must be brought exclusively in the courts located in Northern, Ireland; however, Cryptolico may bring equitable relief or collections actions in any applicable jurisdiction.

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