The Service allows buyers (“Buyers”) to buy the cryptocurrency known as “bitcoins” (see http://bitcoin.org).
The Service allows all registered users of the Service (“Members”) to purchase digital currencies.
Depending on Your country of residence, You may not be able to use all the functions of the application. It is your responsibility to follow those rules and laws of Your country of residence and/or country from which You access this application.
RISKSThe trading of cryptocurrencies such as bitcoins involves significant risk. Prices can and do fluctuate on any given day. Due to such price fluctuations, you may increase or lose wealth. Any currency – virtual or not – may be subject to large swings in value and may even become worthless.
Unlike most currencies, which are backed by governments or other legal entities, or by commodities such as gold or silver, Bitcoin is a unique in that it is backed by technology and consensus. There is no central bank that can take corrective measure to protect the value of Bitcoins in a crisis or issue more currency.
Instead, Bitcoin is an as-yet autonomous and largely unregulated worldwide system of firms and individuals. Traders put their trust in a digital, decentralized and pseudonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity.
Bitcoin trading is probably susceptible to speculation or loss of confidence, which could depress demand relative to supply. For example, confidence in Bitcoin might collapse because of unexpected changes imposed by the Core developers, a government crackdown, the creation of superior alternative, or a deflationary or inflationary spiral. Confidence might also vanish because of technical problems: if the pseudonymity of the system is compromised, if money is lost or stolen, or if hackers or governments are able to prevent any transactions from settling.
You should carefully assess whether your financial situation and tolerance for risk is suitable for buying and owning bitcoins.
We use our payment processors in order to receive clients' money and make payments. Our payment processors DO NOT transfer bitcoins, exchange bitcoins, or provide any services in relation to Bitcoins.
WE DO NOT GUARANTEE ANY PROFIT FROM BUYING AND HOLDING BITCOINS.
MAINTAINING YOUR ACCOUNT: OUR RULES
This Application is for Your personal and non-commercial use only. We are vigilant in maintaining the security of our Application and the Service. By registering with us, You agree to provide us with current, accurate, and complete information about Yourself as prompted by the registration process, and to keep such information updated. You further agree that You will not use any Account other than Your own, or access the Account of any other Member at any time, or assist others in obtaining unauthorized access.
The creation or use of Accounts without obtaining our prior express permission will result in the immediate suspension of all said Accounts, as well as all pending purchase orders. Any attempt to do so or to assist others (Members or otherwise), or the distribution of instructions, software or tools for that purpose, will result in the Accounts of such Members being terminated. Termination is not the exclusive remedy for such a violation, and we may elect to take further action against You.
You also are responsible for maintaining the confidentiality of Your Account information, including your password, safeguarding your own bitcoins, and for all activity including Transactions that are posted to Your Account. If there is suspicious activity related to your Account, we may, but are not obligated, to request additional information from You, including authenticating documents, and to freeze any transactions pending our review. You are obligated to comply with these security requests, or accept termination of Your Account. You are required to notify us immediately of any unauthorized use of Your Account or password, or any other breach of security by email. Any Member who violates these rules may be terminated, and thereafter held liable for losses incurred by us or any user of the Site.
You agree to receive transactional emails from us . Such emails will be stopped upon your request using the "unsubscribe" option presented in any such email, when applicable.
Finally, You agree that You will not use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, terrorist financing, or malicious hacking.
You may terminate this agreement with us, and close your Account at any time, following settlement of any pending transactions.
Due to the nature of the product the Application sells, all purchases made through the Application are nonrefundable.
All services are provided without warranty of any kind, either express or implied. We do not represent that this Site will be available at all time to meet your needs. We will strive to provide You with the Service as soon as possible but there are no guarantees that access will not be interrupted, or that there will be no delays, failures, errors, omissions or loss of transmitted information.
LIMITATION OF LIABILITY
We shall not be held responsible for any damage, financial or other, in any case of a breach or a compromise on the Member's end that will lead to such damage.
When using the Application's services, Members are fully responsible to comply with all laws and regulations applying in the jurisdiction they reside in.
We makes no representations whatsoever about any other resource which you may access through this Application. The Application may contain links or other forms of reference to other websites (“External Websites”) or Resources over which we do not have control (“External Websites”). In such case you acknowledge that we are providing these links or references to you only as a convenience. We are not responsible for the availability of, and content provided on, third party Sites. You are requested to review the policies posted by other Sites regarding privacy and other topics before use. We are not responsible for third party content accessible through the Application, including opinions, advice, statements, prices, activities and advertisements, and you shall bear all risks associated with the use of such content. It is up to you to take precautions to ensure that whatever you select for your use is free of malware.
Our business model, and our Service, consists of facilitating the buying of bitcoins and subsequent custodian safe-keeping.
MODIFICATION AND TERMINATION OF SERVICES
Although, in principle, the duration of this Application is undetermined, we reserve the right to modify, suspend or terminate the provision of its services or content, in whole or in part, at any time and without notice to users.
LIMITED ANTI MONEY LAUNDERING (“AML”) AND COUNTER TERRORIST FINANCING (“CTF”) POLICY
Money laundering is defined as the process where the identity of the proceeds of crime are so disguised that it gives the appearance of legitimate income. Criminals specifically target financial services firms through which they attempt to launder criminal proceeds without the firm’s knowledge or suspicions.
We are currently unregulated and do not fall within the scope of the AML regulations. However, the senior management have implemented systems and procedures that meet the AML rules. This decision reflects the senior management's desire to prevent money laundering.
We are prohibited from transacting with individuals, companies and countries that are on prescribed Sanctions lists. We will therefore screen against United Nations, European Union, UK Treasury and US Office of Foreign Assets Control (OFAC) sanctions lists in all jurisdictions in which we operate.
What personal information do we collect from the people that visit our app?
When ordering or registering in our app, as appropriate, you may be asked to enter your name, email address, mailing address, phone number, credit card information or other details to help you with your experience.
When do we collect information?
We collect information from you when you register in our app, place an order or enter information in our app.
How do we use your information?
We may use the information we collect from you when you register, make a purchase, sign up for our newsletter, respond to a survey or marketing communication, use our app, or use certain other app features in the following ways: