This is a legally binding contract between you and Piggy. Please make sure you read it.
a) “Piggy”, “we”, “us”, or “our” means Piggy Inc. or any of its affiliates or
b) “Piggy Content” means any text, sound, graphics, trade-marks, service marks,
logos, taglines, trade names and other material owned by us or our licensors and made
available through the Services;
c) “parties” means you and us;
d) “Personal Information” has the meaning set out in the Privacy Statement;
f) “Representatives” means us and our affiliates, business partners, licensors, agents,
content providers (not including you), service providers, employees, personnel, officers,
directors, and representatives;
g) “Services” means the website www.Piggy.io, www.piggy.capital, any of our
associated websites or mobile applications (collectively the “Piggy Site”) and the
services available through the Piggy Site;
h) “Submissions” means any unsolicited idea, suggestion or other material in any format;
i) “Terms” means these Piggy Terms and Conditions of Use (including, for greater
certainty, the Privacy Statement and the Anti-Money Laundering Policy);
j) “you” or ”your” means (i) the individual, if the individual is licensing the Services for his
or her personal use; or (ii) the corporation, institution, partnership, organization or other
entity on whose behalf the individual accepting these Terms is acting;
k) “your account” means the user account you must register for, in order to use certain
l) “your content” means any text, sound, graphics, or other material which you post,
upload, or otherwise share on or through the Services.
2. Accepting these Terms
Please read these Terms before using the Services. If you do not agree to these Terms, you
may not use the Services. When you use the Services, you represent and warrant that you have
the legal capacity to form a binding contract with us, and are doing so by your agreement to these
Terms. You agree to have these Terms and any related information made available to you, and
to otherwise have communications between you and us, occur electronically.
These Terms were last updated and are effective as of the dated first noted above. From time to
time, and at our sole and absolute discretion, we may require you to agree to an amended version of these Terms by providing notice to you at least thirty (30) days in advance of effecting such amendment. If you do not agree with the amended version, you can choose to discontinue using
the Services, and close your account before such amended version becomes effective.
In order to use the Services, and prior to us opening your account, you must first provide the
required identification information, to our satisfaction, pursuant to our Proceeds of Crime (Money
Laundering) and Terrorist Financing Act (Canada) compliance policy (“Anti-Money Laundering
Policy”), which can be viewed at Anti-Money Laundering
We respect your right to privacy. All information that we may collect via the Services is subject to
our Privacy Statement. The Privacy Statement is incorporated by reference into these Terms. By
4. Permitted Users, Licenses and Compliance with Laws
To use the Services, you must be at least 18 years of age or older and the age of majority in the
jurisdiction in which you reside as of the time you use the Services.
The Services are intended for use from locations where such Services are legal. Any use by you
of the Services from a location where the services are illegal is expressly prohibited.
Subject to these Terms, you are granted a non-exclusive, non-transferable, non-sub-licensable,
revocable, limited right and license to use the Services, including the content therein and the
services accessible through them solely for the purposes set out by the Services. You are also
granted a limited, nonexclusive right to create a hyperlink to the Services, other than to those
portions of the Services where registration is required. Other than as set out in this paragraph,
nothing in these Terms gives you any licence, right, title, or ownership of, in, or to the Piggy
Site or the Services.
You agree to abide by all applicable laws in connection with your use of the Services, including
those related to intellectual property rights, data privacy, international communications and the
transmission of technical or personal data.
The Services may be used only for lawful purposes and in a lawful manner.
All rights not expressly granted to you are reserved by Piggy and, if applicable, its licensors.
Use of the Services may require internet and data access for which you shall be responsible and
subject to your internet access provider terms and conditions of use. In no event shall Piggy
be liable for any internet or data access fees or other charges incurred by you in connection with
your use of the Services. Any such fees and charges shall be your sole responsibility.
The Services may be subject to limitations, delays and other problems inherent in the use of the
internet and electronic communications. Piggy is not responsible for any delays, delivery
failures, or other damage resulting from such problems.
5. Copyright and Intellectual Property
You retain ownership of all your content that you post, upload to, or otherwise share on the
Services. However, by posting, uploading, or sharing your content, you grant us a non-exclusive,
sub-licensable, royalty-free, worldwide, and perpetual license to use, copy, reproduce, create
derivative works from, and display your content in connection with the Services.
All Piggy Content, the selection, compilation, arrangement and presentation of all materials,
and the overall design of the Services are copyrighted by us or our licensors, and are protected
by Canadian and international intellectual property laws. Use of the Piggy Content without
our express prior written permission is strictly prohibited.
“Piggy”, “piggy.capital”, the Piggy logo, and any other trade-marks used on the
Services are trade-marks or registered trade-marks of Piggy or its licensors, in Canada and
other countries. Our trade-marks may not be used in connection with any product or service
without our express written permission.
Subject to any applicable law (and, in the case of Personal Information, the requirements of
Section 3), any communications that you send or which are sent to you via the Services, whether
solicited by us or otherwise, are on a non-confidential basis, and we are free to use and disclose
the content of any such communication, including any ideas, inventions, concepts or know -how
disclosed therein, for any purpose including developing, manufacturing and/or marketing goods
and services. You agree to not assert any ownership right of any kind in such communications
(including copyright, trade-mark, patent, unfair competition, moral rights, or implied contract). If
you send Submissions to us or the Services, you automatically grant to us and our successors
and assigns a perpetual, royalty-free, irrevocable, unrestricted, non-exclusive, world-wide, right
and license to use, copy, reproduce, modify, adapt, publish, translate, create derivative works
from, distribute, perform, display and otherwise exploit the Submissions or any ideas, concepts,
know-how or techniques associated with the Submissions for any purpose whatsoever,
commercial or otherwise, using any form, media or technology now known or later developed,
without providing compensation to you or anyone else, without any liability whatsoever, and free
from any obligation of confidence or other duties on the part of us or our successors or assigns.
You waive all author’s moral rights in your content and Submissions (including the right to be
associated with your content or Submission) upon submission, as well as the right to receive any
financial or other consideration in connection with your content and Submissions.
6. Use Restrictions and Prohibited Conduct
When using the Services, you agree not to do any of the following:
a) Threaten other users with violence;
b) Use hateful, abusive, harassing, libellous, or obscene language towards other users;
c) Post any material that infringes or violates any third party’s copyright, trade-mark, trade
secret, privacy, or other proprietary or property right;
d) Copy any Piggy Content onto your own or any other website;
e) Post any material which promotes illegal activity, could constitute a criminal offense, give
rise to civil liability, or otherwise violate any applicable law or regulation or these Terms;
f) Purchase or sell any cryptocurrency with knowledge of any material, non-public
information relating to such cryptocurrency;
g) Use the Services to send spam, chain letters, junk mail, or any other type of unsolicited
h) Use the Services to distribute viruses or other harmful, disruptive, or destructive files;
i) Use the Services in violation of Piggy’s or any third party's intellectual property or
other proprietary or legal rights;
j) Use or attempt to use another person’s account;
k) Disrupt or interfere with the security of, or otherwise abuse, the Services, or any servers
or networks connected to the Services;
l) Attempt to obtain unauthorized access to the Services;
m) Impersonate another person;
n) Share with any minor any content or materials inappropriate for children, or allow any
minor access to such materials;
o) Use any automated means to purchase or sell cryptocurrencies or otherwise use the
Services or trade in high volume of cryptocurrencies, and we reserve the right to
determine, at our sole discretion whether you are using automated means to use the
Services or are trading in high volume;
p) Systematically harvest or extract data from the Services or programmatically register
accounts on the Services, including through the use of any robot, spider, crawler, or any
other automated means;
q) Access the Services for purposes of monitoring their availability, performance or
functionality, or for any other benchmarking or competitive purposes;
r) Modify or make derivative works based upon the Services , or any portion thereof;
s) “Frame” or “mirror” any Piggy Content on any other server or wireless or Internet-
t) Reverse engineer or access the Services in order to (a) build a competitive product or
service, (b) build a product using similar ideas, features, functions or graphics from the
Services, or (c) copy any ideas, features, functions or graphics from the Services;
u) Copy, decompile, reverse engineer, disassemble, attempt to derive the source code of,
modify, or create derivative works of Services or any part thereof (except as and only to
the extent any foregoing restriction is prohibited by applicable law).
v) Use the Services to take advantage of any technical glitch, malfunction, failure, delay,
default or security breach.
7. Your Account
Certain services provided through the Services may only be available to you upon registration for
your account. By registering, you represent and warrant to Piggy that:
(a) you are at least
18 years of age or older and the age of majority for using the Services in the jurisdiction where
you reside as of the time you register with us;
(b) all information provided by you to us during the
registration process is truthful, accurate and complete;
(c) you have an understanding of
cryptocurrencies and the technology that underlies them;
(d) you can afford to lose all amounts
used to purchase cryptocurrencies through the Services; and
(e) you will comply with all terms
and conditions of these Terms.
As a registered user, you agree to maintain and promptly update your registration data as
necessary to keep it true, accurate, current and complete.
The Representatives will rely on the information you provide. You will be responsible for any and
all loss, damage, or additional costs that the Representatives or others may incur as a result of
your submission of any false, incorrect or incomplete information or your failure to update your
registration or other information that you submit via the Services. You acknowledge that you are
solely responsible for maintaining the confidentiality of your account credentials (including any
user names, passwords or security tokens created or provided) and that you will be responsible
for any loss resulting from any unauthorized use of your account. You agree to immediately notify
us of any unauthorized use of your account. Similarly, you are responsible for verifying and
maintaining the protection, security, and distribution of your account information, including
account numbers, user names, and passwords.
All liability relating to password management resides with you and under no circumstances,
including negligence or misconduct, will we be liable for any damages that result from the use of
You can cancel your account at any time by doing so from your account settings page and
requesting that your account be deleted.
We highly recommend you keep a secure backup of your password and any security credentials
we provide to you in a safe and off-line environment. If you have a verified e-mail address you
may use our automated account recovery procedure in order to request a password reset link. If
you do not have a verified email address or if you have lost any security credentials we provide
to you, in order to recover these credentials you must go through our assisted account recovery
procedure, which may require a two (2) month waiting period with no logins by you and a service
charge. If you want to start the assisted account recovery procedure, you must contact us by
email firstname.lastname@example.org with your account username.
8. Purchaser's Acknowledgements
By purchasing via the Services, you agree and acknowledge that:
a) the cryptocurrencies available for purchase via the Services are not “securities” within the
meaning of the Securities Act (Ontario) and accordingly you will not have access to any
of the securities laws remedies or protections available to purchasers of securities;
b) we are not responsible for any consequences arising from false, incorrect, or incomplete
information that you provide to us, including any incorrect cryptocurrency wallet address;
c) we do not own or control, and make no representations or warranties with respect to, the
underlying technology of the cryptocurrencies you may purchase or sell using the
Services, including those technologies that govern their use; the underlying technology of
cryptocurrencies may suddenly change such that the new version is no longer compatible
with existing versions or there is otherwise a permanent divergence of the blockchain (a
“Fork”), which may impact the value, functionality, and other characteristics such as the
name of the cryptocurrency and whether the Services are able to support the
cryptocurrencies subject to a Fork;
d) we are not responsible for any consequences arising from a Fork including any losses you
may suffer, and, in the event of a Fork, we may temporarily suspend the operation of the
Services (with or without advance notice to you) and in our sole discretion decide whether
or not to support the cryptocurrencies subject to the Fork.
e) you have a sophisticated understanding of technical and business matters relating to
cryptocurrencies and blockchain technology to understand these Terms and to appreciate
the risks and implications of making purchases via the Services;
f) we make no representations or warranties with respect to the cryptocurrencies available
for purchase from us and you are solely responsible for researching the cryptocurrencies
you purchase and ensuring that your purchases via the Services are made on an informed
g) holding cryptocurrencies carries various risks, including those relating to the issuer of and
the technology underlying the cryptocurrencies and the value of your cryptocurrencies
may decrease to zero;
h) the cryptocurrencies you purchase via the Services are not protected by any government
or other insurance;
i) our ability to fill your purchase and sale orders on a timely basis depends in part on the
presence of a market for those cryptocurrencies; if there is a lack of corresponding
purchase or sale orders in a particular cryptocurrency it may not be possible to fill your
order on a timely basis or at all;
j) the Services may be subject to malicious cyberattacks or may contain exploitable flaws in
its security systems, which may result in security breaches and the loss or theft of
k) issuers of the cryptocurrencies available for purchase via the Services may not be subject
to ongoing public disclosure requirements and accordingly it may be difficult to find
accurate and current information relating thereto;
l) cryptocurrencies generally do not afford the holder thereof any rights commonly
associated with securities ownership, such as voting rights and rights to participate in the
equity of the issuer;
m) you waive your right to participate in a class action lawsuit or a class-wide arbitration
against Piggy and/or the Representatives; and
n) you have obtained such legal and tax advice as you consider appropriate in connection
with the purchase of cryptocurrencies via the Services.
9. Personal Information and Marketing
In addition to the collection, use, and disclosure of your Personal Information set out in the Privacy Statement, we may, with your consent, use your Personal Information to market our products and services to you, including by the use of electronic communications such as email, direct
messaging, and text messaging, and through the use of telemarketing. You may withdraw your
consent to such uses at any time.
Purchases made via the Services are subject to the following terms:
a) Orders: All orders confirmed by you are deemed final and are non-reversible by you.
Piggy provides you with the tools to verify your order before confirming it to help you
catch a mistyped orders, including any losses resulting from mistyped or incorrect
cryptocurrency wallet addresses. Piggy will not be responsible for losses induced by
mistyped or otherwise wrongly placed orders. An open order may be cancelled at any time
by you but Piggy makes no guarantee on whether that order will be cancelled before
execution. Notwithstanding the foregoing, in the event we determine, at our sole
discretion, that as the result of a technical issue an executed order did not reflect the fair
market value for the applicable coin, such order shall be cancelled and you shall be
refunded the amount you paid for your order. Executed orders are subject to the then-
current trading fees collected in the coin settlement amount for that transaction. The
current trading fees can be found under the account funding and withdrawal section for
each coin available on the Services.
b) Transfers: Coin deposits are subject to a minimal number of confirmations by the
applicable blockchain before being fully credited to your account and coin withdrawals are
subject to withdrawal fees. The number of confirmations and withdrawal fees are indicated
in the account funding and withdrawal section for each coin available on the Services.
Piggy shall attempt to process withdrawals and deposits in a timely manner but
Piggy and the Representatives make no guarantee pertaining to the timing of those
transfers. Piggy and the Representatives are not responsible for losses and liabilities
induced by delayed transfers.
c) Availability of Coins: Coins are listed on the Services at the discretion of Piggy
and can be removed or closed at any time. If a coin is so removed or closed, your open
orders will be cancelled and your account credited back. If a coin is selected for removal, and if the applicable blockchain allows it, you will have twenty five (25) days to withdraw
your funds. Piggy and the Representatives assume no liability or cost whatsoever
arising from removed or closed coins. Removed coins left in your account after the
withdrawal period will be forfeited.
The Services do not constitute an offer or solicitation in any jurisdiction in which such offer or
solicitation is unauthorized or unlawful.
Piggy does not control the trading value of cryptocurrencies and by using the Services you
agree to keep Piggy free of any liabilities or losses, direct, indirect, special or consequential
damages, however caused, induced by the market price variation of any asset for any reason.
Although Piggy tries to deliver you up to date market data such as quotes, order books, and
charts the data is provided 'as is' without any guarantee of being the latest. The data may also
have typographical errors, be incomplete and inaccurate. Piggy will try to correct those
mistakes on a best effort basis but do not necessarily commit to do so.
THE SERVICES AND CRYPTOCURRENCIES PURCHASED VIA THE SERVICES ARE
PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. THE REPRESENTATIVES CANNOT
AND DO NOT GUARANTEE, AND DO NOT MAKE ANY, AND, TO THE FULLEST EXTENT
PERMITTED BY LAW, EXPRESSLY DISCLAIM ALL REPRESENTATIONS, WARRANTIES,
COVENANTS, AND CONDITIONS OF ANY KIND, WHETHER EXPRESS OR IMPLIED,
STATUTORY OR OTHERWISE, INCLUDING (1) ANY WARRANTY OF MERCHANTABILITY;
(2) FITNESS FOR A PARTICULAR PURPOSE; (3) NON-INFRINGEMENT; (4) THAT THE
SERVICES OR ANY CRYPTOCURRENCIES PURCHASED VIA THE SERVICES, WILL MEET
YOUR REQUIREMENTS; (5) THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY,
SECURE, OR ERROR FREE; AND (6) THAT ANY DEFECTS WITH THE SERVICES, IF ANY,
WILL BE CORRECTED. YOU UNDERSTAND THAT ANY USE OF, MODIFICATION TO OR
RELIANCE ON THE SERVICES, OR ANY CRYPTOCURRENCIES PURCHASED VIA THE
SERVICE, IS AT YOUR OWN DISCRETION AND RISK.
You are solely liable and responsible for any and all claims and demands made by any other
person arising out of, in connection with, or relating to your use of the Services, your breach of
these Terms, your violation or infringement of the rights of others, or your violation of any
applicable civil or criminal law. Piggy and the Representatives disclaim any and all
responsibility and liability regarding all such matters. You further agree that you are solely
responsible for actions and communications undertaken or transmitted in the course of your
usage of the Services, and that you will comply with all applicable law in respect of same. We
may investigate occurrences which may involve violations of such laws, and may involve, and co-
operate with, law enforcement authorities in prosecuting users who are involved in such violations.
We reserve the right at all times to disclose any information (including your Personal Information)
regarding your usage of the Services in each case as may be permitted or required by applicable
law, including as necessary to satisfy any request authorized by applicable law.
Certain links on the Services may take you to other websites. We are not responsible for the
content of any such linked pages and we make no representation or warranty regarding, and do
not endorse or approve, any linked websites, the information appearing thereon or any of the
products or services described. Your use of any such linked website is at your own risk.
No data transmission over the Internet can be guaranteed to be 100% secure and as a result, we
cannot ensure or warrant the security of any information you transmit to us.
The United Nations Convention on Contracts for the International Sale of Goods does not apply
to these Terms.
11. Limitations of Liability
UNDER NO CIRCUMSTANCES — INCLUDING NEGLIGENCE — SHALL Piggy OR
THE REPRESENTATIVES BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL,
PUNITIVE, EXEMPLARY, SPECIAL OR CONSEQUENTIAL LOSS OR DAMAGES, RESULTING
FROM (1) THE USE OR THE INABILITY TO USE THE SERVICES; (2) THE USE OR THE
INABILITY TO USE ANY CRYPTOCURRENCY PURCHASED VIA THE SERVICES; (3) THE
COST OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; (4) UNAUTHORIZED
ACCESS TO OR ALTERATION OF YOUR TRANSMISSIONS OR DATA; OR (5) LOSS OF
PROFITS, USE, DATA OR OTHER INTANGIBLES, EVEN IF THE REPRESENTATIVES HAVE
BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING SHALL NOT
APPLY TO THE EXTENT PROHIBITED BY APPLICABLE LAW.
YOU ACKNOWLEDGE THAT Piggy ACTS AS TRUSTEE FOR ALL OTHER
REPRESENTATIVES WITH RESPECT TO ALL RIGHTS CONTEMPLATED HEREUNDER
ARISING IN FAVOUR OF ANY REPRESENTATIVE. Piggy AGREES TO ACCEPT
SUCH TRUST AND HOLD AND ENFORCE SUCH RIGHTS ON BEHALF OF EACH SUCH
You agree to indemnify, defend, and hold harmless Piggy and the Representatives, from
any and all claims and expenses, including legal fees, arising out of your use of the Services,
including your violation of these Terms. We may, at our sole discretion, assume the exclusive
defense and control of any matter subject to indemnification by you. The assumption of such
defense or control by us, however, shall not excuse any of your indemnity obligations.
13. Right to Terminate
We may at any time without notice or liability decide to alter, amend, restrict, modify, or terminate
the Services or any functionality or portion of the Services, all in our sole discretion, and you
understand that there is no guarantee that the Services or any portion or functionality of it will
continue to operate or be available for any particular period of time, including removing, adding,
modifying, or changing the availability of, restricting access to, or imposing limits on any or all
features on, or links to, the Services. We reserve the right, in our sole discretion, to correct any
errors or omissions in any portion of the Services at any time without notice, but confirm that we
have no duty to do so.
If you breach any provision of these Terms, then you may no longer use the Services and you
may have your account cancelled. We, in our discretion, shall determine whether these Terms
have been violated. We may also cancel trading and withdrawal rights for any account where
there is suspected unauthorised access or hacking.
We reserve the right to suspend or cancel your account without notice to you at any time for any
reason, including if you are in default of your obligations with respect to the Services.
We may terminate these Terms with you at any time.
These Terms shall be governed by and construed in accordance with the laws of the province of
Ontario, without giving effect to its conflict of law provisions. You agree that you will bring any
claim or cause of action arising out of these Terms, your use of the Services or any purchase
made via the Services in the courts located within Toronto, Ontario, and you also agree to submit
to the personal and non-exclusive jurisdiction of those courts. If any provision contained in these
Terms is determined unenforceable, then such provision will be severed and replaced with a new
provision that most closely reflects the intent of the original provision, and the remaining
provisions of these Terms will remain in full force and effect. No waiver of any provision of these
Terms shall be effective except pursuant to a written instrument signed by us expressly waiving
compliance, and any such waiver shall be effective only in the specific instance and for the specific
purpose stated in such writing. You agree that no joint venture, partnership, employment, or
agency relationship exists between you and us as a result of these Terms and/or your use of the
Services. You may not assign any right, interest, or benefit provided under these Terms or the
Services without our express prior written consent. These Terms set forth the entire agreement
between you and us, and supersede any and all prior communications, agreements and
proposals, whether electronic, oral or written, between you and us with respect to the Services.
The parties have expressly required that these Terms and all other related documents be drawn
up in the English language. Les parties ont expressément exigé que ces conditions d’utilisation
et tous les documents qui s’y rapportent soient rédigés en anglais. Credit card processing will
be billed by Piggy Inc. and the charge will appear on your credit card statement as
Piggy can be contacted: (a) by mail at 250 Spadina St, Floor 2, Toronto, ON, M2C
1M3, and (b) by e-mail at email@example.com.