Terms of Use

Scope and acceptance

These Terms of Use form an agreement between you and Kiwea Trading Group OÜ for your use of blockfunded.io, the blockfunded application, checkout, evaluation accounts and related services.

By creating an account, placing an order or using the service, you confirm that you have read and accepted these terms. If you do not agree, do not use the service.

Service description

blockfunded offers a time-limited online service that gives you access to a simulated crypto trading evaluation account, market-data displays, trading controls, objectives and progress tracking. The current standard program includes a 30-calendar-day Challenge stage and, after successful completion, a 20-calendar-day Verification stage. The displayed program rules and the application determine the exact objectives for your order.

Your order purchases access to an evaluation service. It is not a deposit, margin payment, exchange balance, wallet top-up, investment product or contribution of capital to be traded on your behalf.

Passing an evaluation does not create an employment relationship, investment account, brokerage account, custody relationship or guaranteed entitlement to capital or rewards.

Eligibility and accounts

You must be at least 18 years old, legally capable of entering a contract and permitted to use the service in your jurisdiction. You must provide accurate information and keep your credentials secure.

One person may not operate accounts for another person. We may request identity, residency, sanctions or fraud checks before activation, review, contract execution or reward processing.

Evaluation rules

Unless the checkout expressly states otherwise, the Challenge requires a 12% profit target and 10 minimum trading days within 30 calendar days; Verification requires an 8% target and 15 minimum trading days within 20 calendar days. Both stages use a 5% daily drawdown limit and a 12% total drawdown limit.

The application is the primary source for the current status of an account. A breach of a mandatory risk limit can close trades and end an account automatically.

Orders, payments and activation

The checkout identifies the selected evaluation, its virtual account size, the total price inclusive of applicable taxes, currency and accepted payment methods. No recurring subscription or automatic renewal is created by a challenge order. You must use the exact payment amount and reference. An order remains pending until payment is confirmed by our system or an authorized payment provider.

Payment processors, banks, wallet providers or on-ramp providers only support operational payment processing. They do not provide the evaluation service, do not sponsor blockfunded and do not hold funds for trading on your behalf.

You expressly choose during checkout whether we may begin the service during the 14-day withdrawal period. If requested, access is activated without undue delay after confirmed payment, subject to compliance, payment reconciliation, fraud prevention and technical review. Order confirmation, these accepted terms and the statutory information are provided electronically on a durable medium.

Simulated trading and market data

Evaluation balances, orders, profits and losses are simulated. No client deposits are accepted for trading, no live market order is placed for you, and no cryptocurrency or fiat balance is custodied for you by blockfunded.

Quotes may be sourced from third parties and can differ from prices available on an exchange or trading venue because of latency, spread, data interruptions or calculation methods.

You must not treat simulated performance as evidence that similar results will be achieved with real funds.

Prohibited conduct

You may not exploit pricing delays, data errors, platform defects or execution inconsistencies; manipulate the service; share or resell accounts; use unauthorized automation; evade limits; submit false information; or use the service for unlawful activity.

We may suspend trading, reverse clearly erroneous results, request evidence or close an account where we reasonably detect abuse, fraud or a material rule breach.

Review, KYC and funded stage

Completion of displayed objectives starts a review. We may verify trading activity, identity, residency, sanctions status, source of funds, eligibility and compliance before offering a Verification or funded-stage contract.

A funded-stage relationship requires separate approval and may be governed by an additional agreement with us or a third-party provider.

Rewards

Rewards are conditional on eligibility, review, applicable rules and any funded-stage agreement. References to an 80% reward share describe the standard allocation for approved rewards and are not a guarantee of profit or payment.

Payment timing, minimum thresholds, identity checks, fees and supported reward payment methods may depend on the selected reward payment provider and applicable law.

Withdrawal, cancellation and refunds

If you are a consumer, you may withdraw from the distance service contract within 14 days from its conclusion without giving a reason. Send an unequivocal statement to [email protected] or our postal address before the period expires. You may use, but are not required to use, the model withdrawal form and instructions.

If you expressly requested service commencement during the withdrawal period and then withdraw before the service is fully performed, you owe only a proportionate amount for the service actually provided up to withdrawal, as required by applicable law. The right of withdrawal is lost only once we have fully performed the service, and only where performance began with your prior express request and your acknowledgement of that consequence.

We refund sums due following a valid withdrawal without undue delay and no later than 14 days after receiving the withdrawal notice, using the original payment method unless you expressly agree otherwise and incur no fee. Refunds to a self-custody wallet may require a safe return address and compliance checks.

Outside statutory withdrawal and non-conformity rights, challenge fees are not refundable merely because objectives were not met, a rule was breached or the evaluation expired. Duplicate or incorrect charges, failure to activate after confirmed payment and service non-conformity remain reviewable. Contact support promptly. Nothing in these terms limits mandatory consumer remedies.

Availability and changes

We aim to keep the service available but do not promise uninterrupted operation. Maintenance, market data outages, security incidents, third-party failures or events outside our control may affect access.

We may update features and supported markets where reasonably necessary for security, legal compliance or service improvement. Material changes will not retroactively alter the price or core evaluation rules of an existing order unless required by law or expressly agreed. Updated terms apply prospectively and are communicated where required.

Liability and risk acknowledgement

Crypto markets are volatile. The service is educational and evaluative, not investment advice. You remain responsible for your decisions, devices, internet connection and understanding of the program rules.

To the extent permitted by law, we are not liable for indirect or consequential loss, lost opportunities or decisions based on simulated results. Mandatory statutory liability remains unaffected.

Complaints and dispute resolution

Send complaints to [email protected] with your order reference, the issue and the remedy requested. We confirm written complaints and respond in writing within 15 days. If more time is reasonably needed, we will explain the delay and provide a new reasonable deadline.

If you reside in Estonia and the Committee is competent under its procedural rules, you may apply to the independent Consumer Disputes Committee operating at the Estonian Consumer Protection and Technical Regulatory Authority (TTJA), Endla 10A, 10122 Tallinn, Estonia, ttja.ee/en/consumer-disputes-committee. Consumers in another EU, Iceland or Norway cross-border dispute may ask their local European Consumer Centre (ECC-Net) for assistance. You may also bring proceedings before a competent court.

The former EU Online Dispute Resolution platform was discontinued in 2025 and is therefore not presented as an available complaint channel.

Privacy and communications

We process personal data to provide accounts, payments, support, compliance and security as described in our Privacy Policy. Transactional email and push notifications may be used for account, order, trade and rule events.

Marketing communications are sent only where permitted and can be disabled independently from service messages.

Governing law and disputes

These terms are governed by Estonian law. If you are a consumer, mandatory protections and jurisdiction rights in your country of residence remain unaffected.

Nothing in these terms deprives a consumer of the protection of mandatory law that would apply without this choice or of the right to use a court competent under applicable consumer jurisdiction rules.