Legal terms and conditions for using our educational platform
Last updated: August 7, 2024
By accessing or using PumpSimulation's educational platform and services ("Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not use our services. These Terms apply to all users, including students, educators, researchers, and institutional users.
These Terms constitute a legally binding agreement between you ("User," "you," or "your") and PumpSimulation ("Company," "we," "our," or "us"). We may modify these Terms at any time, and such modifications will be effective immediately upon posting on our website. Your continued use of the Platform after any changes constitutes acceptance of the modified Terms.
If you are using the Platform on behalf of an organization, you represent and warrant that you have the authority to bind that organization to these Terms, and your agreement to these Terms will be treated as the agreement of the organization.
CRITICAL EDUCATIONAL DISCLAIMER: PumpSimulation is an educational platform designed exclusively for learning, research, and academic purposes. Our platform simulates digital asset market dynamics in a controlled virtual environment to provide educational experiences without real-world financial risk.
The Platform serves as a virtual laboratory for understanding market mechanics, economic principles, and financial concepts through simulation and experimentation in a risk-free environment.
To use our educational platform, you must meet the following eligibility requirements:
You are responsible for all activities that occur under your account and must notify us immediately of any unauthorized use or security breach.
You may use our platform to:
You expressly agree NOT to use our platform for:
All content, software, and materials on our platform are owned by PumpSimulation or our licensors and are protected by intellectual property laws, including copyright, trademark, and trade secret laws. This includes but is not limited to:
You may not reproduce, distribute, modify, create derivative works, publicly display, or otherwise use our intellectual property without our express written permission, except as specifically permitted by these Terms or applicable law.
You retain ownership of content you create on our platform, but you grant us a non-exclusive, worldwide, royalty-free license to use such content for educational platform improvement, research, and service provision purposes. You represent and warrant that any content you submit:
We reserve the right to remove any user-generated content that violates these Terms or is otherwise inappropriate for our educational platform.
Your privacy is important to us. Our collection, use, and protection of personal information is governed by our Privacy Policy, which is incorporated into these Terms by reference. By using our platform, you consent to our data practices as described in the Privacy Policy.
We implement appropriate technical and organizational measures to protect your personal information and educational data in accordance with applicable data protection laws and educational privacy standards.
IMPORTANT EDUCATIONAL NOTICE: Our platform provides educational simulations and content for learning purposes only. We make no representations about real market conditions, investment strategies, financial outcomes, or the accuracy of simulated scenarios. All educational content is for informational and instructional purposes only and should not be considered as:
While we strive to maintain platform availability and performance, we do not guarantee uninterrupted access or error-free operation. We may suspend, modify, or discontinue services for maintenance, updates, security reasons, or other operational requirements.
Our platform may contain links to third-party websites or reference third-party content for educational purposes. We do not endorse or assume responsibility for third-party content, and your use of such content is at your own risk.
To the maximum extent permitted by applicable law, PumpSimulation and its affiliates, officers, directors, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from or related to your use of our platform, including but not limited to:
You agree to indemnify and hold harmless PumpSimulation from any claims, damages, or expenses arising from your violation of these Terms or misuse of the platform.
Our platform is designed to comply with applicable educational technology regulations, data protection laws, and consumer protection standards. We maintain compliance with:
Users are responsible for ensuring their use of the platform complies with their local laws, institutional policies, and professional obligations.
We may terminate or suspend your access to our platform at any time, with or without notice, for violation of these Terms, suspected fraudulent activity, or any other reason we deem appropriate. Upon termination:
You may terminate your account at any time by contacting our support team or using account closure features where available.
These Terms are governed by and construed in accordance with the laws of England and Wales, without regard to conflict of law principles. Any disputes arising from these Terms or your use of our platform will be resolved through the following process:
You agree to submit to the personal jurisdiction of the courts located in England and Wales for any legal proceedings.
These Terms constitute the entire agreement between you and PumpSimulation regarding the use of our platform. If any provision of these Terms is found to be unenforceable, the remaining provisions will remain in full force and effect.
Our failure to enforce any right or provision of these Terms will not constitute a waiver of such right or provision. We may assign our rights and obligations under these Terms without restriction.
If you have questions about these Terms of Service or need assistance with our platform, please contact us:
Email: legal@pumpsimulation.com
Phone: +44 7429 608315
Address: 5 Moorland Rd, Hyde Park, Leeds LS6 1AL, UK
We are committed to providing excellent customer service and will respond to your inquiries promptly and professionally.