Switching to the Vivid. Invest App In the Vivid App You can create a new pocket in the "Your Pockets" section. By clicking on the "New Pocket" button, You can choose (among others) to create ● a pocket for investments in stocks and ETFs (i.e. fractional shares (Bruchteilsanteile)) ("Investment Pocket"); ● a pocket for investments in fractional coins ("Crypto Pocket"); and/or ● a pocket for investments in fractional precious metals (“Precious Metals Pocket”) The opening of an Investment Pocket,a Crypto Pocket and a Precious Metals Pocket can take place independently from each other. You will then be asked to name and create Your respective Investment Pocket,Your Crypto Pocket or Your Precious Metals Pocket. Then You switch from the Vivid App to the Vivid Invest App and receive a respective notice that the investment brokerage (except for the Vivid Multi-Currency Trading Services) is provided by Xxxxx Invest as a tied agent of CME. You must answer questions on your tax liability. Please note that the successful opening of your Investment Pocket,Your Crypto Pocket or Your Precious Metals Pocket depends on the successful completion of the following steps (7.2.1 and 7.2.2) and the effective conclusion of the contracts with Vivid Invest and CME (7.3). As part of the access to the services provided by Vivid Invest, ● CME will perform a background check (know-your-customer and AML check (together "KYC Check") on You; and ● CME will perform an appropriateness check ("Appropriateness Check"). These checks are regulatory and internal requirements to make sure Vivid Invest and CME can accept You as a client. You must provide all requested data to enable us to complete these checks. In case You do not submit this information, You will unfortunately not be able to use our services. Please note that for making use of the investment brokerage on fractional shares (Bruchteilsanteile), fractional coins and fractional precious metals provided by Vivid Invest and CME you need to complete separate appropriateness checks.
