It is the goal of State Block Farm B.V., De Laan 3, 6611HA Overasselt, The Netherlands (“Coinmatic”), to help users enter and navigate the cryptocurrency space, and provide tools to help users make their own sound decisions relative to growing their wealth. Services are intended for medium- and long-term investors.
2.1 Asset allocation
State Block Farm uses dynamic, proprietary algorithms to define and perform portfolio allocation, based on user input. Manual trades or transactions conducted by users may limit State Block Farm's account monitoring and reporting ability.
2.2 Fund deposits and withdrawals
Users are responsible for depositing and withdrawing funds to/from their account, however State Block Farm will provide clear instructions on how to do so.
2.3 Account monitoring and reporting
State Block Farm will continuously monitor user accounts and provide users with a monthly dashboard with easy-to-understand portfolio and performance details.
3.1 Fee structure
State Block Farm offers different plans: freemium, and performance fee. The freemium plan is totally free and offers limited functionality.
If you choose the performance fee plan, you pay a one-off set-up fee of Eur 59, after which we won't charge you anything until you hit 10% profit. The moment that happens State Block Farm will charge you a 15% performance fee over the realized gains, and the baseline is set to the portfolio value. For example: you invest Eur 5,000 and after a while your portfolio is worth Eur 5,500 (10% profit). You will receive an invoice for the amount of Eur 75 (500 profit * 15%), and the baseline is set to Eur 5,500. To hit 10% again, your portfolio needs to reach Eur 6,050 (5,500 + 10%).
Our customers especially like the no-profit-no-pay model as it means that State Block Farm only gets paid if the customer wins. We like this also!
3.2 Promotions
State Block Farm reserves the right to apply promotional discounts to the fees listed under 3.1. This is completely at State Block Farm’s discretion.
3.3 Other fees
State Block Farm does not charge any additional or hidden fees. For any transaction or trading fees that may be charged by cryptocurrency exchanSBF and/or banks, users accept full responsibility.
4.1 Infrastructure
State Block Farm is powered by Google Cloud. Google Cloud helps reducing the cost, complexity, and risk associated with security and compliance in the cloud.
4.2 Exchanges
State Block Farm thoroughly vets its partners and only works with major “top-10” exchanges. User funds remain on their personal exchange account and interactions between State Block Farm and user accounts are performed by means of customer owned API keys. API access is limited, hence in the unlikely event of a security breach, no fund withdrawal can take place.
5.1 Financial advice
State Block Farm does not provide financial advice. State Block Farm is not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Bank, Securities Broker, Commodity Trade Advisor, or Financial Planner. The information provided, such as optimal fund allocation, is based on user input and for information purposes only. The Information is not intended to be and does not constitute financial advice or any other advice, is general in nature and not specific to you. Before using State Block Farm, users should seek the advice of a qualified investment professional and undertake their own due diligence. State Block Farm is not responsible for any investment decision made by users.
5.2 Warranties
State Block Farm disclaims to the full extent authorized by law any and all warranties, whether express or implied, including, without limitation, any implied warranties, merchantability or fitness for a particular purpose. State Block Farm does not warrant that its services and applications will be free of bugs, errors, viruses or other defects, nor that trade results will be profitable.
5.3 Liability
In no event can State Block Farm or any of its owners be liable to users or any party related to users for any indirect, incidental, consequential, special, exemplary, or punitive damages, lost profits, or losses, even if State Block Farm has been advised of the possibility of such damages. In any event, State Block Farm’s total aggregate liability to users for all damaSBF of every kind and type (regardless of whether based in contract or tort) shall not exceed the fees paid to State Block Farm for the use of our services or applications.
Investing in any asset class, including crypto currencies, holds numerous risks, for example: technology risks, exchange risks, security risks, regulatory risks. Before deciding to leverage State Block Farm services, users should carefully consider their investment objectives and risk appetite. The possibility exists that users lose some or all of their initial investment and therefore no money should be invested that users cannot afford to lose.
As with any market, for a transaction to happen it requires a seller, a buyer, and a price agreement. Loss-limiting strategies such as stop-loss orders may not be effective because market conditions or technological issues may make it impossible to execute stop-loss orders. State Block Farm is not responsible for any losses incurred as a result of using State Block Farm’s advisory services.
State Block Farm is fully compliant with GDPR (General Data Protection Regulation), an EU regulation enforceable as of May 25, 2018. State Block Farm stores the minimum possible amount of user data necessary to deliver its services. Stored user data includes: name, date of birth, country of residence, email address, and exchange API keys (encrypted). User data will never be shared with any third party before explicit user consent. Users have the right for their user data to be forgotten, which can be requested over email.
The User understands and agrees to the preceding sections. The User also agrees to the following:
Due to the enormous amount of investors during our promo sections, withdrawals are restricted for Starter, Starter X, Basic & Basic X investors, as this is to ensure circulation of funds required for the ongoing promo section. Meanwhile, Pro X and Pro investors are allowed to make withdrawals up to 60% during all promo sections if accounts are not placed for "Fixed/Long Term" investment plan. For more clarification on the "Promo Policy", please send a mail to support@invest.stateblockfarm.com
