1) Agreement & Acceptance

By creating an account, completing KYC, or clicking “Accept,” you agree to these Terms & Conditions (“Terms”), the Risk & Regulatory Notices, and any policies incorporated by reference (collectively, the “Agreement”). If you do not agree, do not use the Services.

2) Corporate Identity, Scope & Governing Law

• Entity: Vyra Bank, a Sociedad Anónima incorporated and registered in Mexico. Registration number and legal address are published on the website.
• Regulatory posture (Mexico): Treated as an investment bank within the Mexican fintech framework.
• Governing law & forum: This Agreement is governed exclusively by the laws of Mexico. No foreign law applies.
• Fiat policy: We do not accept, hold, distribute, or collect fiat currency in any form. Services are entirely crypto-based.
• Operations: Services are operated from Mexico; we do not offer services in Mexico and do not accept Mexican citizens or residents.

3) No U.S. Persons; Access Restrictions

• Strict prohibition: The Website and Services are not directed at, and may not be used by, any “U.S. person,” U.S. citizen, U.S. resident, or any person accessing from within the United States. Access is void where prohibited.
• Representations: As a condition of access, you represent and warrant that you are not a U.S. person and are not accessing from the United States.
• Enforcement: We implement IP geoblocking, 2FA with a non-prohibited country phone number, and require apostilled passport copies. We may immediately terminate or refuse service where U.S. nexus is detected or reasonably suspected.
• No U.S. oversight: The Services are not subject to U.S. securities or commodities laws and are not overseen by the SEC, CFTC, FINRA, FDIC, SIPC, or any U.S. regulator.

4) Eligibility & KYC/AML

• Eligibility: You must be at least 18 years old and not a citizen or resident of Mexico or any prohibited jurisdiction determined by Mexican authorities from time to time.
• KYC prerequisite: No funds are accepted until KYC is completed and approved. We conduct ongoing algorithmic monitoring, including sanctions screening and PEP handling, in accordance with Mexican law. Practices may change automatically to reflect legal changes.

5) Services Overview; Investment Structure & Strategy

• Nature of exposure: You obtain positions in investment plans managed by Vyra Bank. Clients do not directly trade or hold futures; exposure is provided via pooled strategies investing in crypto perpetual futures on major exchanges.
• Leverage & risk model: Strategies typically use 2×–8× leverage via an algorithmic, risk-averse model. If a position approaches liquidation, our system may increase the position size to improve average entry price. This does not eliminate risk.
• Counterparty diversification: Exposure to any single exchange is limited to ≤ 15% of the total fund where operationally feasible. We disclose exchange counterparties to regulators (not to clients) and may change exchanges at our discretion.
• Algorithm: Our trading algorithm is published. Past performance of any model does not guarantee future results.

6) Performance, Returns & Risk

• Upside mechanism: Your participation is a contractually and mathematically defined share of any increase in the managed market position, potentially amplified by the selected plan’s target leverage. Reference pricing may rely on composite or exchange price feeds and may change at our discretion.
• No principal guarantee: We do not guarantee principal or any minimum return. You may lose some or all of your investment due to market and operational risks.
• Key risks (non-exhaustive): market volatility; leverage and liquidation risk; exchange/counterparty failure; liquidity constraints; blockchain/smart-contract risk; cybersecurity events; legal and regulatory changes; force majeure.

7) Assets, Deposits, Withdrawals & Costs

• Accepted asset: Bitcoin (BTC) only.
• Deposits: Enabled only after KYC approval and subject to AML and operational controls.
• Withdrawals: Initiated via the client portal and processed subject to blockchain conditions, compliance checks, security procedures, and force majeure. Network/miner fees and similar pass-through costs may apply.
• Fees:We charge a fixed monthly account management fee, otherwise our income is derived from the fund’s profits; we invest alongside clients. We do not a withdrawal fee.

8) Custody, Security & Transparency

• Custody: Client assets are custodied by Vyra Bank.
• Security: Cold storage is used for assets backing futures exposure. Private key access is restricted to authorized security personnel.
• Audits & disclosures: Third-party security audits are required. Proof-of-reserves, view-only attestations, and audit reports (as applicable) are published on the site.
• Insurance: Not applicable unless expressly stated on the site.

9) Prohibited Uses & Compliance

• You may not use the Services for unlawful activity, including money laundering, terrorist financing, fraud, or sanctions evasion.
• We may restrict, suspend, or terminate access as required by law, competent authority requests, or for violations of this Agreement.

10) Account Suspension, Termination & Investigations

• Immediate action: We may suspend or terminate immediately, without notice, for legal/regulatory reasons (including U.S. nexus) or breach of these Terms.
• Investigations: For accounts under investigation, we defer to Mexican law enforcement and competent authorities regarding freezes and releases. Evidence may be reported to Mexican authorities and, through appropriate channels, to INTERPOL.
• Voluntary closure: You may close your account through the portal, subject to compliance and withdrawal procedures.

11) Dispute Resolution; Language; Entire Agreement

• Exclusive forum & rules: Any dispute shall be resolved by binding arbitration seated in Mexico under ICC rules. The award may be entered in any court of competent jurisdiction in Mexico. Costs are shared unless the tribunal decides otherwise.
• Language: English prevails over any translation.
• Entire agreement: This Agreement constitutes the entire agreement between you and Vyra Bank and supersedes prior communications and marketing materials.

12) Taxes & Regulatory Cooperation

• No tax advice: Vyra Bank does not provide tax advice or issue tax documents. You are solely responsible for tax compliance in your jurisdiction.
• Cooperation channel: We cooperate exclusively with Mexican regulators, courts, and competent authorities. We respond to foreign requests only through lawful international cooperation mechanisms coordinated by Mexican authorities. We may, at our discretion and consistent with Mexican law, assist investigations into terrorism or comparable serious crimes via those official channels.

13) Privacy, Data Protection & Cookies

• Storage: KYC and transaction data are stored in encrypted databases.
• Sharing: We do not share personal data with third parties except as required by Mexican authorities or as necessary to provide the Services (e.g., independent security auditors under confidentiality).
• GDPR/LGPD rights: Where applicable, you may request access, correction, or deletion. Upon account closure, KYC and transaction records are destroyed after 1 year unless a longer retention period is legally required.
• Cookies/Tracking: We use cookies and analytics as disclosed in our Cookie and Privacy Notices.

14) Communications, Marketing & Non-Solicitation

• No investment advice: Nothing on the Website constitutes investment advice or a recommendation to engage in any transaction. Real-time analytics are provided for informational purposes only.
• No U.S. solicitation: The information provided does not constitute an offer, solicitation, or distribution to any person in the United States or to any U.S. person.
• Promotional statements: Do not rely on marketing statements as promises of future performance.

15) Changes to this Agreement

• We may amend these Terms and related policies. We will notify you via the platform and/or email.
• If you do not accept changes, you may close your account and withdraw eligible assets subject to compliance checks.
• Severability: If any provision is found invalid, the remainder remains enforceable.

16) Warranties, Liability & Force Majeure

• “As is” basis: The Services are provided “as is” and “as available.” We disclaim all warranties to the maximum extent permitted by law.
• Limitation of liability: To the maximum extent permitted by law, Vyra Bank’s aggregate liability to you is limited to the amount of your net deposits then held by us, excluding market losses.
• Force majeure & volatility: We may suspend or modify Services without liability due to events beyond our reasonable control (including government actions, war, terrorism, natural disasters, widespread Internet outages, exchange failures, or major protocol incidents). We may suspend trading in extreme market conditions.

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Regulatory & Risk Notices

• Jurisdictional notice: Services are not offered in Mexico and may be unavailable in jurisdictions where prohibited. Access is restricted per determinations by Mexican authorities from time to time.
• U.S. exclusion: Vyra Bank is not registered with the SEC, CFTC, or any U.S. authority; Services are not offered to U.S. persons and may not be used from the United States.
• Cryptoasset risk: Cryptoassets and leveraged strategies are highly volatile. You may lose some or all of your investment. Past performance does not guarantee future results.
• Counterparty & operational risk: Exchange failures, liquidity constraints, cybersecurity events, or legal/regulatory actions may cause delays or losses.

This document is provided for informational purposes and forms a binding Agreement upon acceptance. It is not legal, tax, or investment advice. For questions, contact the support details published on our site.