> For the complete documentation index, see [llms.txt](https://newcoin-doc.gitbook.io/newcoin/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://newcoin-doc.gitbook.io/newcoin/english/user-agreement.md). # User Agreement #### I. Overview This Agreement applies to the “Crypto Earn” products offered by the NewCoin platform, including but not limited to flexible (on-demand) and fixed-term wealth management services. By participating in or using any of these products, users are deemed to have fully read, understood, and agreed to all terms and related rules set forth herein. *** #### II. Account Eligibility and Participation Conditions 1. **Eligibility**\ Users must hold a valid NewCoin account to participate in wealth management products. 2. **Account Types**\ Currently, only main accounts and standard accounts are eligible for subscription. Certain special account types are not supported at this time. 3. **Account Status Restrictions** * Disabled accounts are not permitted to subscribe to new products * If an account is disabled during the holding period, it will not affect redemption at maturity * Accounts that have applied for closure or have been closed are not permitted to perform any wealth management operations 4. **Handling of Disabled Accounts** * **Fixed-term products:** Automatically redeemed to the account upon maturity * **Flexible products:** Assets will remain in the wealth management account and can be handled by the user once the account is restored 5. **Platform Rights**\ NewCoin reserves the right, based on risk control, compliance, or operational strategies, to impose subscription limits and restrict participation for users in specific countries or regions. 6. **Governing Law**\ This Agreement is governed by the applicable laws and regulations of Saint Vincent and the Grenadines. The platform reserves the right to amend this Agreement in response to regulatory changes. *** #### III. Definitions * **Flexible Products:** Allow deposits and withdrawals at any time, accrue interest hourly, and offer high liquidity * **Fixed-term Products:** Require funds to be locked for a specified period, with principal and returns distributed upon maturity * **Subscription/Redemption:** Refers to the transfer of funds between the spot/funding account and the wealth management account * **Profit Distribution Mechanism:** 15% of total returns is allocated to a risk reserve, and the remaining 85% is distributed to users *** #### IV. Product Features 7. **Flexible Products** * Flexible subscription and redemption * Interest calculated hourly and automatically compounded * Yield rates dynamically adjusted based on market conditions * Minimum holding requirement applies; balances below the threshold may not earn interest 8. **Fixed-term Products** * Multiple lock-up periods available (e.g., 7 days, 14 days, 30 days, etc.) * Principal and interest automatically returned to the spot account upon maturity * Auto-renewal option available (executed at prevailing market rates) * Early redemption may result in forfeiture of all interest or incur applicable fees *** #### V. Operational Process 9. **Flexible Products** * **Subscription:** Spot/Funding Account → Wealth Management Account (instant transfer) * **Interest Start Time:** Typically begins from the next hour after subscription * **Redemption:** Wealth Management Account → Spot Account (instant arrival) * **Earnings Mechanism:** Settled hourly and automatically reinvested 10. **Fixed-term Products** * **Subscription:** Select product and amount, then complete fund transfer * **Interest Start Time:** Begins on T+1 day (UTC 00:00) * **Redemption:** Principal and interest distributed automatically on T+1 after maturity * **Early Redemption:** Only principal is returned; no interest is accrued *** #### VI. Risk Disclosure * **Yield Volatility Risk:** Returns are affected by market conditions and are not guaranteed * **No Investment Advice:** These products do not constitute any form of investment advice * **Force Majeure Risk:** Includes but is not limited to policy changes, extreme market volatility, and system risks * **Actual Returns:** The 15% allocation to the risk reserve will impact the user’s final returns *** #### VII. Disclaimer * **Agreement Updates:** NewCoin reserves the right to amend this Agreement in accordance with legal, regulatory, or business needs, with notice provided via official announcements * **System and External Risks:** The platform shall not be liable for losses caused by force majeure, system failures, or security incidents * **Final Interpretation:** NewCoin reserves the final right to interpret and adjust product rules and services *** #### VIII. Dispute Resolution * **Amicable Resolution:** Both parties shall first attempt to resolve disputes through friendly negotiation * **Jurisdiction:** If no resolution is reached, disputes shall be submitted to the competent judicial authority in the place of NewCoin’s registration *** #### IX. Contact Information If you have any questions regarding this Agreement or the products, please contact NewCoin through official channels or online customer support.