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Privacy Policy

We think it is important to carefully handle your personal data. That is why we process your personal data in accordance with the General Data Protection Regulation (GDPR). We would like to inform you through our Privacy Policy about the way in which we handle the collection of information about the users of our website. By using the website you agree with the following conditions. Our data Magic Investment Choice is an initiative of OliNo Energy BV De Koolhof 8 5502 RH Veldhoven The Netherlands KvK: 17205823 www.olino.org [email protected] Processing personal data By processing personal data we mean: collecting, recording, organizing, storing, updating, modifying, retrieving, consulting, using, bringing together, linking together, as well as protecting, deleting or destroying your personal data. Purpose processing We use your personal data to trade on your behalf on a Bitcoin Exchange so that you can make a profit with the automatic purchase / sale of Bitcoins. We also use your data to provide support and so that we can inform you of changes to our services or products. What personal data do we process? Personal data that we process when creating a Magic Investment Choice account are: – First and last name – E-mail – Credits purchased – Language From the linked Bitcoin exchange (sub) account: – Account ID – API key – API SECRET In order to act on your behalf, we extract the following information using the API key from the linked Bitcoin exchange (sub) account: – USD Balance – BTC Balance – Bitcoin Transactions (purchases / sales) We also process derivative information such as achieved return and profit. Who process my personal data? In addition to Magic Investment Choice processing the data internally, Magic Investment Choice uses the service of digital invoice for sending invoices. The privacy statement of digital invoice can be found at the bottom of their website. Where do we store your data? We process personal data within the European Economic Area (EEA). The Magic Investment Choice servers are located in Frankfurt (Germany). How do we secure your data? To secure your personal data, we have taken appropriate technical and organizational measures. The choice of these measures is based on the available technology, the implementation costs, the type of personal data that we process for you and the associated risks. We strive to ensure that these measures meet the requirements in article 32 of the AVG. For example, our website has an SSL certificate, use a firewall to prevent abuse and the sensitive data is stored encrypted in the database. We realize that security requirements and technology are constantly changing. That is why we are committed to continuously evaluate and, where necessary, strengthen, supplement or improve the measures we have taken on the basis of this article. What do we do to keep your data secret? We are obliged to keep all personal data that we process for you secret from others. This involves the data we receive from you. We will discuss the following about this: We guarantee that all our employees comply with this duty of confidentiality. This involves employees in the broadest sense of the word, including trainees and freelancers. This confidentiality obligation does not apply: if you have explicitly given permission to share certain personal details with others; or if there is a legal obligation to provide certain personal data to another body or person, for example to the public prosecutor’s office. What are your rights? Do you want to know exactly what personal data we have processed from you? Send an e-mail to [email protected] with the request to view your data. You will receive a response to the request within four weeks at the latest. Are your personal details incorrect, incomplete, irrelevant for the purposes for which they have been processed or otherwise contrary to the General Data Protection Regulation (GDPR) or other legislation? Then you are entitled to correction of your personal data. Correction involves the improvement, addition, removal or protection of your personal data. You also have the right to object to the processing of your personal data, the right to withdraw permission you have given and the right to data portability. Send your request to [email protected]. You will receive a response to the request within four weeks at the latest. We would also like to point out the possibility of submitting a complaint to the Dutch Data Protection Authority. Use of cookies Cookies are small pieces of information (files) that a website leaves on your computer, tablet or mobile phone. The website instructs the web browser with which you view websites (eg Google Chrome) to store these cookies on your device. Magic Investment Choice uses essential and analytical cookies. According to the law, we may store cookies on your device if they are strictly necessary for the use of the site. We require your permission for all other types of cookies. Essential cookies These essential cookies ensure that this website functions properly. Because these cookies are strictly necessary, you can not refuse them without affecting the operation of the website. You can block or delete these cookies by changing your browser settings. Analytical cookies We use analytical cookies for Google Analytics, so we gain insight into how visitors use our website. With this data we can further optimize our website to improve the user experience. You can prevent your data from being used by Google Analytics by the following Google Analytics Opt-out Browser Add-on . Minors Minors can not use the Magic Investment Choice service. For a working Magic Investment Choice account you need a valid Bitstamp.net account. To apply for a Bitsamp.net account you must be 18 years or older. See also the terms and conditions of Bitstamp.net. Hyperlinks For your convenience, we have included hyperlinks on our website to third party websites. We would like to draw your attention to the fact that if you visit these websites, the privacy policy of these third parties, and not Magic Investment Choice, applies to the activities that you perform on these websites and the information that you make public there. Changes Magic Investment Choice reserves the right to change this Privacy Policy. These changes will be announced on our website. If you continue to use our website after adjustment, the adapted Privacy Policy will apply to this use. Applicable law Dutch law applies to this Privacy Policy.

Terms and Conditions

Definitions In these General Terms and Conditions the following terms have the following meanings, unless expressly stated otherwise: General Terms and Conditions: The general terms and conditions as set out hereinafter. Magic Investment Choice: Magic Investment Choice, part of OliNo Energy B.V. OliNo: OliNo Energy B.V. registered with the Ch. of Comm. under number 17205823. Service: All work, in whatsoever form, executed by Magic Investment Choice for or for the benefit of the Client. Client: Those who have accepted the applicability of these General Terms and Conditions and provided an assignment for the provision of the service. Agreement: Every Agreement concluded between Magic Investment Choice and the Client. Trader: The fully automatic Bitcoin Trader who trades Bitcoins on behalf of the Client. Scope These General Terms and Conditions apply to every offer and Agreement concluded between Magic Investment Choice and the Client, unless parties expressly and in writing derogate from these General Terms and Conditions. These General Terms and Conditions also apply to Agreements with Magic Investment Choice for the performance of which third parties must be involved. The applicability of any purchase and/or other General Terms and Conditions of the Client is expressly rejected. If it appears that one or more provisions of these General Terms and Conditions are null and void or voidable, these General Terms and Conditions will continue to be in existence for all the remainder. Derogations from the Agreement and General Terms and Conditions will only be valid if these have been expressly agreed in writing with Magic Investment Choice. If Magic Investment Choice does not always require strict compliance with these conditions, this will not mean that the provisions thereof are not applicable, or that Magic Investment Choice to any extent would lose the right in other cases to require strict compliance with the provisions of these terms and conditions. Offers Offers will be made in writing and/or electronically, unless urgent circumstances make this impossible. All offers from Magic Investment Choice are without obligation, unless a period for acceptance is stated in the offer. If a period for acceptance is set out in the offer, the offer will lapse when this period has expired. All offers from Magic Investment Choice are valid during the period included in the offer. The offer lapses when this period has expired. Magic Investment Choice cannot be bound by its offers if the Client, in accordance with the standards of reasonableness and fairness and according to generally accepted standards, ought to have understood that the offer or a part thereof contains an obvious mistake or clerical error. Account The Client must generate an account to be able to use Magic Investment Choice’s trading. The Client must, in doing this, fill in his/her personal data. The Client will manage his/her account and must personally set this up. A minor will always require express permission from his/her parent or guardian. It is not permitted to provide the login details to third parties and/or to use a third party’s login details. Magic Investment Choice will never be responsible or liable for the contents and/or information that is placed on the Client’s profile page. Trading The Client must first generate a personal account with a third party Bitcoin exchange that is supported by Magic Investment Choice, in order to let Magic Investment Choice trade on behalf of the Client. Following this the Client must generate API keys with this exchange with minimal rights, as a result of which users of these API keys will only have the right to trade and request balances on behalf of the Client. The API keys expressly do NOT have the right to remove money or Bitcoins from the exchange. The Client will be personally responsible for generating API keys with minimal rights. The Client is aware that more risks are taken if API keys are generated with too many rights, because any hackers can misuse these keys to remove money or Bitcoins from the Bitcoin exchange account of the Client. The API keys are transferred to Magic Investment Choice during the registration for Magic Investment Choice. The Client thereby gives Magic Investment Choice the right to and the possibility to be allowed to trade on behalf of the Client. If generated correctly by the Client, the API keys will not give Magic Investment Choice any possibility of transferring money or Bitcoins to other accounts. The Client needs at least one credit to be able to trade. If the number of credits is negative or zero, there can be no trading. The credits purchased by the Client are in any event not refundable. Termination of the Magic Investment Choice account A Client can at any time unilaterally stop the use of the Magic Investment Choice service. OliNo will be entitled to unilaterally terminate the account with immediate effect if: There is fraud or misuse on the part of the Client. The Client’s actions cause damage for OliNo. An account of the Client has had negative credits for longer than 2 months. Performance of the Agreement Magic Investment Choice will perform the Agreement to the best of its knowledge and ability and in accordance with high standards. Magic Investment Choice has the right to have specific work executed by third parties. The applicability of Sections 404 and 407, subsection 2, Book 7 of the Civil Code is expressly excluded. The work will be executed within a period stated by Magic Investment Choice. If a period has been agreed or stated for the execution of specific work, this period will only be indicative and is never to be regarded as a final deadline. If Magic Investment Choice requires data or instructions from the Client, which are necessary for the performance of the Agreement, the execution period will commence after Magic Investment Choice has received this from the Client. Prices and rates The prices and/or rates are expressed in Euro, including VAT and other duties imposed by authorities, unless stated otherwise. The prices and/or rates are including travel and accommodation, packaging, delivery, or dispatch costs, and administrative costs, unless stated otherwise. Payment will take place by means of the purchase of pre-paid credits. These credits must be purchased online and paid electronically. Payment will always take place in advance, unless agreed otherwise. Return The trader’s annual return will be optimised by conducting simulations with real historical Bitstamp trading data. The trader will only sell bitcoins if profit can be made. By having the strategy to only sell with profit we have made the assumption that Bitcoin will have an increasing price in the long-term. Because of this the trader can wait until the pockets with Bitcoin that have already been purchased can be sold again with profit. This means that in a prolonged monotonous bear market no return can be achieved in the worst case situation. The trader’s return is very dependent on the market. If the Bitcoin’s price fluctuates considerably, the Client will achieve the best return with the trader. Past return on investment is no guarantee for the future. Investment in Bitcoin is regarded by many people as high-risk and that also applies therefore to using the cryptotraders. Therefore never invest more than you can afford to lose. Liability Magic Investment Choice will only be liable for direct damage arisen through wilful recklessness or intention on the part of Magic Investment Choice. Direct damage is exclusively taken to mean: damage to property of the Client; reasonable costs incurred by the Client for establishing liability and the (extent of the direct) damage; reasonable costs, reasonably incurred by the Client, which could be and were permitted to be incurred in all reasonableness, for the prevention or limitation of the damage, insofar as the Client demonstrates that these costs have resulted in limitation of the direct damage; reasonable costs, which the Client has incurred in all reasonableness for acquiring payment without the intervention of the courts, as referred to in Section 96, subsection 1, under c, Book 6 of the Civil Code. Magic Investment Choice will never be liable for the loss of money or Bitcoins due to problems with the Bitcoin exchange, or the careless transfer of money or Bitcoins by the Client from – or to – the Bitcoin exchange. Magic Investment Choice will never be liable for the loss of money or Bitcoins due to problems with Bitcoin or the Bitcoin network or the decrease in value of Bitcoin. Magic Investment Choice will never be liable for indirect loss, including in any event consequential loss, lost profit, lost savings, loss due to business interruption, or intangible loss on the part of the Client. Magic Investment Choice will not be liable for damage, of whatsoever nature, due to the fact that Magic Investment Choice has proceeded from inaccurate and/or incomplete data provided by the Client, unless this inaccuracy or incompleteness ought to be apparent to Magic Investment Choice. The limitations of liability included in this article do not apply if the damage can be attributed to intention or gross negligence on the part of Magic Investment Choice or its managerial employees. If Magic Investment Choice were to be liable for any damage whatsoever, the liability on the part of Magic Investment Choice will be limited to a maximum amount of € 7,500 or to the amount that the insurance taken out by Magic Investment Choice gives entitlement to, plus the amount of the deductible which is not borne by the insurer under the policy conditions that Magic Investment Choice accordingly must bear. The client must report the damage, for which Magic Investment Choice can be held liable, as soon as possible but in any event within 10 days from the arising of the damage, to Magic Investment Choice, all this at the risk of forfeiting any right to compensation of this damage. Any action for liability against Magic Investment Choice lapses within one year after the Client became aware of the damage causing fact or could reasonably have become aware thereof. Indemnity The client indemnifies Magic Investment Choice against possible claims by third parties, who in connection with the performance of the Agreement suffer damage which is attributable to the Client. If Magic Investment Choice is held liable by the third parties on that basis, the Client will be obliged to assist Magic Investment Choice at law and otherwise. All costs and damage on the part of the Magic Investment Choice and third parties will further be at the Client’s expense and risk. Confidentiality Magic Investment Choice as well as the Client will be obliged, during the term and after the termination of the Agreement, to maintain the confidentiality of all facts and particulars concerning the enterprise, regarding which the Client knows or reasonably can suspect that these are confidential. This duty of confidentiality also contains all data of the employees, customers, clients and other business contacts that has come to one’s knowledge on the basis of the Assignment. Limitation period In derogation from the statutory limitation periods, a limitation period of one year applies to all claims towards Magic Investment Choice and (any) third parties engaged by Magic Investment Choice. Privacy and cookies The data and information provided by the Client to Magic Investment Choice will be saved by Magic Investment Choice with due care and confidentiality. Magic Investment Choice is only and exclusively permitted to use the Client’s personal data in the context of the execution of its obligation to supply, or for dealing with a complaint. During visits to its website Magic Investment Choice can collate, by means of cookies, information from the Client regarding the use of the website. The information collated by Magic Investment Choice by means of cookies can be used for functional and analytical purposes. Magic Investment Choice is not permitted to lend, lease, sell, or in another manner disclose the Client’s personal data. If, on the basis of a statutory provision or a judicial decision, Magic Investment Choice will be obliged to provide confidential information to third parties, and Magic Investment Choice cannot rely concerning this on a statutory right to decline to give evidence, or as the case may be a right to decline to give evidence acknowledged or permitted by the court with competent jurisdiction, Magic Investment Choice cannot be held liable for compensation or indemnification. The Client will also not be entitled to terminate the Agreement on the basis of any damage arisen due to this. The Client agrees to Magic Investment Choice approaching the Client for statistical research or a client satisfaction survey. If the Client does not want to be approached for research, the Client can make this known. Magic Investment Choice retains the right to use the other data of the Client in anonymous form for (statistical) research and database. Amendment of the General Terms and Conditions Magic Investment Choice has the right to unilaterally amend these General Terms and Conditions. Amendments will also apply with regard to Agreements that have already been concluded. Magic Investment Choice will inform the Client by email of the amendments. The amendments of the General Terms and Conditions will come into effect thirty days after the Client has been informed of the amendments. If the Client does not agree to the notified amendments, the Client will have the right to terminate the Agreement. Applicable law and disputes The law of the Netherlands exclusively applies to all legal relationships that Magic Investment Choice is party to. This also applies if an obligation is wholly or in part executed abroad or if the Client resides abroad. Other languages As well as the original Dutch version of these General Terms and Conditions, there is one other version of the General Terms and Conditions, translated into English. The Dutch version of the General Terms and Conditions of Magic Investment Choice is the authentic version. This version of the General Terms and Conditions will take precedence in the event of the explanation or interpretation of the General Terms and Conditions. In the event of a difference in meaning or interpretation between the two versions, then the Dutch version of the General Terms and Conditions will prevail.