Terms of Service

Last Modified: January 19th, 2017

BitOasis owns and operates bitoasis.net, a website where users can buy and sell digital assets. The following describes the terms on which BitOasis offers you access to bitoasis.net or the BitOasis platform, and any associated services (collectively “Platform”). If you do not accept and agree to the terms then you must not access or use our Platform or website.

Please be aware that this agreement (“Agreement”) contains ARBITRATION provisions that may affect your legal rights. Throughout this Agreement, the words “BitOasis,” “us,” “we,” and “our,” refer to our company, BitOasis and our Platform, as is appropriate in the context of the use of the words. You the party who is accepting this Agreement shall be referred to as “you,” “your,” or “user.” This Agreement should be read in conjunction with the Privacy Policy.

By clicking “I Agree” or using any portion of the website or Platform, you agree to be bound by this Agreement and the Privacy Policy.

1. Description of Service

Thank you for visiting our Platform and choosing to use any of the Services offered via the BitOasis Platform. BitOasis offers the following services: BitOasis Transaction Services and BitOasis Account Services (collectively referred to as “BitOasis Services”, each service is defined below). Except as otherwise stated all services found on the BitOasis Platform are offered without warranty, “as-is,” and with “all faults.”

2. Disclaimer

BitOasis cannot and does not guarantee the value of digital assets. You acknowledge and agree that the value of digital assets is highly volatile and that buying, selling, and holding digital assets involves a high risk. The risk of loss in trading or holding digital assets can be substantial. You should therefore carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. In considering whether to trade or hold digital assets, you should be aware that the price or value of digital assets can change rapidly, decrease, and potentially even fall to zero. If you are unable to bear the financial risk of loss please do not use or access our Platform. You agree that you are solely responsible for any digital asset transactions and the use of our Platform.

3. Registration and Eligibility

You must be eighteen (18) or over to create an account (“BitOasis Account”) or use the Platform. In order in the Platform is invalid where prohibited. Due to United States regulations and federal laws, US residents or any persons accessing BitOasis from the US are strictly prohibited in using the Platform and such persons are prohibited from signing up for an account. By using the Platform or registering for a BitOasis Account, you represent and warrant that you have the right, authority and capacity to enter into an agreement on these terms and to abide by these terms. You also represent and warrant that your BitOasis Account is personal to yourself.

You agree to maintain the confidentiality of your password, any Wallet Keys (defined herein), and are fully responsible for all liability and damages resulting from your failure to maintain that confidentiality and all activities that occur through the use of your password or Wallet Key. You are solely responsible for your BitOasis Account, Wallet Key, and password and for any activities that occur under your BitOasis Account. You agree to immediately notify us of any unauthorized use of your password, Wallet Key, or any other breach of security. You agree that BitOasis cannot and will not be liable for any loss or damage arising from your failure to comply with this provision.

We have the right, in our sole discretion, to suspend or terminate your use of our Platform, your BitOasis Account and refuse any and all current or future use of all or any portion of our Platform.

4. Legal Requirements

BitOasis may be prohibited from providing services or entering into relationships with certain individuals and entities. In the event that BitOasis is required to block assets associated with your BitOasis Account in accordance with a sanctions program, or other similar government sanctions programs, BitOasis may (i) deactivate or cancel your BitOasis Account or block user activity, (ii) transfer digital assets from your BitOasis Account to an originating source or to an account specified by authorities, or (iii) require you to transfer your digital assets out of your BitOasis account within a certain period of time. BitOasis is not responsible for any losses, whether direct or indirect, that you may incur as a result of our complying with applicable law, the guidance or direction of any regulatory authority or government agency, or any writ of attachment, lien, levy, subpoena, warrant or other legal order.

5. BitOasis Conversion Rate

All services are subject to the BitOasis conversion rate (“Conversion Rate”). Conversion Rate means the liquidity adjusted price of a given digital asset amount in terms of local currency as quoted on our Platform. The Conversion Rate may be stated as a "Buy Price," the price in terms of local currency at which you purchase digital assets from BitOasis, or as a "Sell Price," the price in terms of local currency at which you sell digital assets to BitOasis. For the purpose of any transaction which incorporates the Conversion Rate, you agree, as a condition of using any BitOasis Services, to accept the Conversion Rate as the sole conversion metric. You agree that BitOasis is solely responsible for setting and determining the Conversion Rate.

6. BitOasis Transaction Services

BitOasis does not act as an intermediary or marketplace between other buyers and sellers of digital assets. When buying or selling digital assets through the BitOasis Transaction Service, you are buying from, or selling to, BitOasis directly.

Digital Assets Buying Transactions

If you wish to purchase digital assets (“BitOasis Transaction”) through the BitOasis Transactions Services, you will have to buy an e-voucher on the Platform.

(a) Voucher payment: You will instruct your bank to send the full payment for e-voucher to BitOasis bank account. Once BitOasis receives your payment, your e-voucher will be delivered to you through email and updated on your BitOasis Account.

(b) Redeem Voucher to Digital Assets: Once you receive your e-voucher, you can redeem it to digital assets at the Conversion Rate available at the time of redeeming the voucher. Digital assets converted at the Conversion Rate chosen by you will be delivered to your BitOasis Account by BitOasis.

When you initiate a redeem transaction, BitOasis will provide a date by which your digital assets will be made available in your BitOasis account, which may also depend on the time required for BitOasis to receive funds from your payment method. You understand that once a BitOasis Transaction has been initiated you will not be able to cancel, reverse, or modify the transaction. Additionally, BitOasis will use good faith efforts to fulfill such purchase BitOasis Transaction at the applicable Conversion Rate quote but it may be necessary for BitOasis to delay fulfillment of a purchase order until such time as we are able to execute the transaction. In such cases, we will notify you through the Platform prior to the completion of your purchase order that the Conversion Rate may be changed due to the time of redeem of your BitOasis transaction. BitOasis does not guarantee the availability of any BitOasis Transactions at any time.

Digital Assets Selling Transactions

Through the Platform, you may sell digital assets to BitOasis, subject to limits as set by BitOasis. BitOasis will then instruct its bank to initiate a credit to your linked payout method, in an amount equal to: (a) the total number of digital assets you wish to sell multiplied by the Conversion Rate quoted on the BitOasis Site at the time that you initiate the transaction, minus (b) any applicable fees. BitOasis will then initiate a transfer of the appropriate amount of digital assets from your BitOasis account to BitOasis's own digital asset account, and the related proceeds of funds will thereafter be credited to your linked payout method. The proceeds of any digital asset sale will be credited to your linked payment account within seven business days. BitOasis does not guarantee the availability of its Transaction Service, and the act of purchasing digital assets from BitOasis does not result in a guarantee that you may sell your digital assets to BitOasis.

Fees

For each BitOasis Transaction you agree to pay any and all applicable fees related to the transaction including account hosting fees, exchange fees, service fees, conversion fees, or banking fees.

7. BitOasis Account Services

You can deposit digital assets in your account (“BitOasis Account”) from another digital assets account at any time. You can also deposit digital assets by transferring money from a financial institution and purchasing digital assets through the BitOasis Transaction Service. These funds are converted into digital assets and deposited into your Account within three business days. Deposits will be converted to digital assets as instructed by the user using the Conversion Rates listed on our Platform at the time of the conversion.

Account Security

When you create a BitOasis Account a BitOasis Account will be created where you can deposit and store your digital assets. Once a BitOasis Account has been created, a Private Wallet Key, a Recovery Key, and a Third Party Security Key (“Key(s)”) will be generated that give you access to your BitOasis Account. Two keys will be required at any given time to initiate a BitOasis Transaction and sell digital assets via the Platform.

Private Wallet Key

The Private Wallet Key will be unique and only accessible by BitOasis. In order to undertake a transaction, through BitOasis, you will be required to input your BitOasis password. Once a transaction is requested by you, BitOasis will be required to review the requested BitOasis transaction. After the transaction has been reviewed and authenticated, BitOasis will supply the Private Wallet Key that must be used in conjunction with the Third Party Security Key to initiate any BitOasis Transactions. Although we may we may verify your BitOasis Transactions, YOU AGREE THAT WE ARE NOT RESPONSIBLE OR LIABLE FOR ANY BITOASIS TRANSACTIONS THAT OCCUR THROUGH YOUR ACCOUNT. YOU AGREE THAT YOU ARE SOLELY RESPONSIBLE FOR ANY TRANSACTIONS THAT OCCUR. PLEASE KEEP YOUR BITOASIS PASSWORD SAFE AND SECURE.

Third Party Security Key

Once a BitOasis Transaction has been requested by you, a Third Party Security Key must be provided by a third party security services provider contracted to hold the Third Party Security Key. The third party security provider will review and authenticate the transaction. If the BitOasis Transaction is deemed legitimate the security provider will provide the Third Party Security Key. In the event that any fraudulent activity is suspected with your BitOasis Account, the security provider may decline to provide the Third Party Security Key. Please be aware that BitOasis cannot control the approval or denial of any BitOasis Transactions by the security provider. Users may be required to enter into additional binding agreements with such third party providers. BITOASIS ONLY ACTS AS THE ACCOUNT VENDOR AND MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE USE OF ANY SERVICES PROVIDED THE THIRD PARTY PROVIDER. BITOASIS DOES NOT HAVE ACCESS TO YOUR THIRD PARTY SECURITY KEY AND CANNOT BE RESPONSIBLE FOR ANY FAILURE TO APPROVE A BITOASIS TRANSACTION BY THE SECURITY PROVIDER. BITOASIS CANNOT BE RESPONSIBLE FOR ANY LOSS OR DAMAGE TO ANY THIRD PARTY SECURITY KEYS.

Recovery Key

In the event that either the Private Wallet Key or the Third Party Security Key become unavailable or disabled due to a security breach or other event, Recovery Keys will be used to access your BitOasis Account. The Recovery Key will be stored by an independent legal services or accounting firm that will maintain the Recovery Key. In the event that a loss of the Private account or Security Key occurs, BitOasis will hire an independent digital assets company to provide access to your BitOasis Accounts. This independent company will work with BitOasis, the Third Party Security Key holder and also the legal or accounting firm to recover your digital assets and return them to you.

8. Limits

Users must have verified accounts if they wish to undertake BitOasis Transactions totaling more than AED 2000. In order to have a verified account, a user must supply BitOasis with requested identification and financial documents as requested by BitOasis.

9. Payment

Please be aware that you do not have a statutory right to withdraw from a transaction to buy or sell digital assets once you have instructed BitOasis because the price of digital assets fluctuates in accordance with the financial market and is out of our control. You agree to deliver payment for any digital assets purchase made through the BitOasis Transaction Service upon confirmation of an order, regardless of changes in the applicable Conversion Rate prior to completion of the purchase transaction. If there are insufficient funds from your linked or used primary payment method to cover the purchase price of any digital assets order or any other amounts owed by you to us hereunder, you hereby authorize us to debit any of your payment methods which have been linked to your BitOasis Account for the full or partial amount of your purchase and any other amounts owed by you to us hereunder. We may resubmit debits or charges to your payment methods until all amounts owed by you to us hereunder are satisfied in full. You are responsible for all fees in the event that any of your financial accounts is underfunded. To secure the performance of your obligations under this Agreement, you grant to BitOasis a security interest in any and all of your funds or other property which BitOasis may come into possession of and any digital assets within your BitOasis Account. You will execute, deliver, and pay the fees for any documents we request to create, perfect, maintain and enforce this security interest. We may deduct any digital assets held by you in a BitOasis Account if a payment for a purchase of digital assets using a bank account or credit card is subsequently reversed, for example, if such a payment is subject to a charge back, reversal, claim or is otherwise invalidated. We may also deduct digital assets held by you in a BitOasis account in satisfaction of any outstanding amount owed by you to BitOasis under this Agreement. BitOasis reserves the right to refuse to process, or to cancel or reverse, any purchases or sales of digital assets in its sole discretion, including but not limited to instances where BitOasis suspects the transaction involves (or has a high risk of involvement in) money laundering, terrorist financing, fraud, or any other type of financial crime, in response to a subpoena, court order, or other government order, or if BitOasis suspects the transaction is unlawful or violates this Agreement.

10. Taxes

It is your sole responsibility to determine whether, and to what extent, any taxes apply to any transactions associated with your receipt or transfer of digital assets, and/or to the Digital Assets Transactions you conduct through the BitOasis Services, and to withhold, collect, report and remit the correct amounts of taxes to the appropriate tax authorities. Your transaction history is available through your BitOasis Account.

11. Restricted Activities

Using the Services to make the following types of payments is prohibited, and BitOasis reserves the right to monitor for payments that relate to:

  • any restricted persons, sanctioned or restricted countries as defined by the United Arab Emirate government;
  • weapons of any kind, including but not limited to firearms, ammunition, knives, or related accessories;
  • controlled substances including but not limited to narcotics, prescription drugs, steroids, or related paraphernalia or accessories;
  • gambling activities including but not limited to sports betting, casino games, horse racing, dog racing, lotteries, games of chance, sweepstakes, games of skill that may be classified as gam-bling (i.e. poker), or other activities that facilitate any of the foregoing;
  • constitute money-laundering or terrorist financing;
  • any sort of ponzi scheme, pyramid scheme, or multi-level marketing program;
  • goods or services that infringe or violate any copyright, trademark, or proprietary rights under the laws of any jurisdiction otherwise constitute counterfeit goods;
  • debt settlement, refinance, or credit repair services;
  • court ordered payments, structured settlements, tax payments, or tax settlements;
  • the sale of money orders or cashier’s checks or any unlicensed money transmitter activity;
  • lottery contracts, layaway systems, or annuities;
  • counterfeit goods; or
  • any other matters which we communicate to you that are unacceptable from time to time and which, for example, may be restricted by our and your payment partners.
In the event that BitOasis learns that you are making any such prohibited payments, BitOasis may suspend or terminate your account.

12. Term and Termination

By clicking “I agree,” submitting any information to us or using the Platform, you agree to be bound by this Agreement. This Agreement shall remain in effect and continue until terminated in accordance with the provisions hereof.

BitOasis may terminate this Agreement, suspend, disable, or delete your account (or any part thereof) if we reasonably suspect that you have violated the law, have violated this Agreement, or have taken any action that may harm the Platform or our company. You will be permitted to transfer digital assets associated with your BitOasis Account for ninety (90) days after Account deactivation or cancelation unless such transfer is otherwise prohibited (i) under the law, or (ii) by a valid subpoena or court order. You may cancel your BitOasis Account at any time by transferring or exchanging all digital assets associated with your BitOasis Account. You will not be charged for canceling your BitOasis Account and will only be required to pay for those BitOasis Services used that are subject to charges. If any transaction is in a pending state at the time your BitOasis Account is cancelled or suspended, such transaction may be cancelled and/or re-funded as appropriate. You may not cancel your BitOasis Account to evade an investigation or avoid paying any amounts otherwise due to BitOasis. Upon cancellation of your BitOasis Account, you authorize BitOasis to cancel or suspend pending BitOasis Transaction Service transactions and hold the funds associated with such transactions until BitOasis is certain that funding reversal windows are complete. In the event that you or BitOasis terminates this Agreement or your access to the BitOasis Services, or de-activates or cancels your BitOasis Account, you will remain liable for all amounts due hereunder. In the event that a technical problem causes system outage or BitOasis Account errors, BitOasis may temporarily suspend access to any accounts until the problem is resolved.

13. Intellectual Property

The design of the Platform along with created any content, text, templates, scripts, graphics, interactive features and the trademarks, service marks and logos contained therein ("Marks"), are owned by or licensed to BitOasis, subject to copyright and other intellectual property rights under US and foreign laws and international conventions. BitOasis reserves all rights not expressly granted in and to the Platform. You agree to not engage in the use, copying, or distribution anything, including our Marks, contained within the Platform unless we have given express written permission.

14. Disclaimers and Limitation of Liability

Your use of our Platform is at your sole risk. We expressly disclaim any and all responsibility and liability for your conduct or the conduct of any other user of the Platform and expressly disclaim any liability for content uploaded by you or by any other user.

YOU ARE SOLELY RESPONSIBLE FOR YOUR INTERACTIONS WITH OTHER USERS OF THE PLATFORM. YOU UNDERSTAND THAT BITOASIS DOES NOT INQUIRE INTO THE BACKGROUNDS OF ANY OF ITS USERS OR ATTEMPT TO VERIFY THE STATEMENTS OF ITS USERS. BITOASIS MAKES NO REPRESENTATIONS OR WAR-RANTIES AS TO THE CONDUCT OF USERS. BITOASIS RESERVES THE RIGHT BUT NOT THE OBLIGATION TO CONDUCT ANY CRIMINAL BACKGROUND CHECK OR OTHER SCREENINGS, AT ANY TIME AND USING AVAILABLE PUBLIC RECORDS.

THE PLATFORM IS PROVIDED ON AN “AS IS”, “WITH ALL FAULTS” AND “AS AVAILABLE” BASIS. INTERAC-TIVE STANDARD, LLC, ITS OFFICERS, DIRECTORS, SHAREHOLDERS, EMPLOYEES AND AGENTS EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, EXPRESSED, IMPLIED OR STATUTORY, RELATING TO THE PLATFORM AND ITS CONTENT INCLUDING WITHOUT LIMITATION THE WARRANTIES OF TITLE, MER-CHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF PROPRIETARY RIGHTS, COURSE OF DEALING OR COURSE OF PERFORMANCE. BITOASIS DOES NOT WARRANT THAT (A) THE PLATFORM WILL MEET YOUR SPECIFIC REQUIREMENTS, (B) THE PLATFORM WILL BE UNINTERRUPTED, TIMELY, SECURE OR ERROR-FREE, (C) THE BITOASIS TRANSACTIONS ON THE PLATFORM WILL BE ACCU-RATE, ERROR FREE, RELIABLE, OR COMPLETE, (D) ANY ERRORS IN THE PLATFORM WILL BE CORRECTED, OR (E) ANY SERVICES THROUGH THE PLATFORM WILL MEET YOUR EXPECTATIONS OR REQUIREMENTS.

BITOASIS DOES NOT WARRANT AND IS NOT RESPONSIBLE FOR ANY INJURIES OR LOSSES SUSTAINED BY USERS AS A RESULT OF THEIR US OF THE PLATFORM. BITOASIS DOES NOT WARRANT THAT YOUR USE OF THE PLATFORM IS LAWFUL IN ANY PARTICULAR JURISDICTION, AND BITOASIS SPECIFICALLY DISCLAIMS ANY SUCH WARRANTIES. SOME JURISDICTIONS LIMIT OR DO NOT ALLOW THE DISCLAIMER OF IMPLIED OR OTHER WARRANTIES SO THE ABOVE DISCLAIMER MAY NOT APPLY TO YOU TO THE EXTENT SUCH JURISDICTION'S LAW IS APPLICABLE TO YOU AND THIS AGREEMENT. BY ACCESSING OR USING THE PLAT-FORM YOU REPRESENT AND WARRANT THAT YOUR ACTIVITIES ARE LAWFUL IN EVERY JURISDICTION WHERE YOU ACCESS OR USE THE PLATFORM.

IN NO EVENT SHALL BITOASIS BE LIABLE FOR ANY DAMAGES WHATSOEVER, WHETHER DIRECT, INDI-RECT, GENERAL, SPECIAL, EXEMPLARY, COMPENSATORY, CONSEQUENTIAL, AND/OR INCIDENTAL, ARI-SING OUT OF OR RELATING TO THE CONDUCT OF YOU OR ANYONE ELSE IN CONNECTION WITH THE USE OF THE PLATFORM, INCLUDING WITHOUT LIMITATION, LOSS, IMPAIRMENT, BODILY INJURY, DEATH, EMOTIONAL DISTRESS, DAMAGE TO YOUR POSSESSIONS AND/OR ANY OTHER DAMAGES RESULTING FROM ANY TRANSACTIONS INITIATED ON THE PLATFORM, UNAUTHORIZED ACCESS TO OR ALTERNATI-ONS OF YOUR TRANSMISSIONS TO THE PLATFORM AND ERRORS, MISTAKES OR INACCURACIES OF ANY CONTENT OF THE PLATFORM. YOU AGREE TO TAKE REASONABLE PRECAUTIONS WHEN COMPLETING TRANSACTIONS.

For Jurisdictions that do not allow us to limit our liability: Notwithstanding any provision of this Agreement, if your jurisdiction has provisions specific to waiver or liability that conflict with the above then our liability is limited to the smallest extent possible by law. Specifically, in those jurisdictions not allowed, we do not disclaim liability for: (a) death or personal injury caused by its negligence or that of any of its officers, employees or agents; or (b) fraudulent misrepresentation; or (c) any liability which it is not lawful to exclude either now or in the future.

IF YOU ARE A RESIDENT OF A JURISDICTION THAT REQUIRES A SPECIFIC STATEMENT REGARDING RE-LEASE THEN THE FOLLOWING APPLIES. FOR EXAMPLE, CALIFORNIA RESIDENTS MUST, AS A CONDITION OF THIS AGREEMENT, WAIVE THE APPLICABILITY OF CALIFORNIA CIVIL CODE SECTION 1542, WHICH STATES, “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBT-OR." YOU HEREBY WAIVE THIS SECTION OF THE CALIFORNIA CIVIL CODE. YOU HEREBY WAIVE ANY SIM-ILAR PROVISION IN LAW, REGULATION, OR CODE THAT HAS THE SAME INTENT OR EFFECT AS THE AFOREMENTIONED RELEASE. BITOASIS IS NOT RESPONSIBLE FOR THE ACTIONS, CONTENT, INFOR-MATION, OR DATA OF THIRD PARTIES, AND YOU RELEASE US, OUR DIRECTORS, OFFICERS, EMPLOYEES, AND AGENTS FROM ANY CLAIMS AND DAMAGES, KNOWN AND UNKNOWN, ARISING OUT OF OR IN ANY WAY CONNECTED WITH ANY CLAIM YOU HAVE AGAINST ANY SUCH THIRD PARTIES. YOUR ABILITY TO USE OUR PLATFORM IS CONTINGENT ON YOUR AGREEMENT WITH THIS AND ALL OTHER SECTIONS OF THIS AGREEMENT. WHERE ALLOWED, YOU AGREE OUR TOTAL LIABILITY TO YOU IS NOT MORE THAN 100 USD OR THE TOTAL AMOUNT YOU PAID TO USE OUR SERVICE WITHIN THE LAST YEAR, WHICHEVER IS GREATER.

15. Platform and License

BitOasis grants you a limited, non-exclusive, fully revocable license to access and use the Platform for your own personal, non-commercial purposes. This license is personal to you and may not be assigned or sublicensed to anyone else. You acquire no ownership rights when using our Platform and all rights not explicitly granted are hereby reserved by us.

You agree to comply with all applicable domestic and international laws, statutes, ordinances and regulations regarding your use of our Platform, and your submission of accurate and acceptable information. You also agree to comply with all applicable laws, statutes, ordinances and regulations regarding the transmission of technical data exported from the United Arab Emirates or the country in which you re-side.

The Platform is provided on an “as is” basis. No warranty is given about the quality, accuracy, functionality, availability or performance of the Platform and we reserve the right to suspend, withdraw, amend, modify or vary the service provided without notice and without incurring any liability to you.

Except as expressly permitted by us in writing, you agree not to reproduce, redistribute, sell, create derivative works from, decompile, reverse engineer, or disassemble the Platform. You will not take any measures to interfere with or damage BitOasis.

You acknowledge and agree that BitOasis may disclose your information if required to do so by law or in the good faith belief that such disclosure is reasonably necessary to: (a) comply with a current judicial proceeding, a court order or legal process served on us or our website, (b) enforce this Agreement, (c) respond to claims that information violates the rights of third parties; (d) protect the rights, property or personal safety of BitOasis, its employees, users or the public; or (e) enable the transfer or sale of the Platform to another entity.

16. Code of Conduct and Content Restrictions

Please use your common sense when posting content via the Platform and sending content to the Platform or BitOasis because you are solely responsible for, and bear all liability in relation to, such content. You must behave in a civil and respectful manner at all times. Further, you agree:

  • You will not harass or stalk any other person.
  • You will not harm or exploit minors.
  • You will not act in a deceptive manner by, among other things, impersonating any person.
  • You will not post, upload, publish, submit or transmit any content that is fraudulent, misleading or deceptive.
  • You will not copy, distribute or disclose any part of the Platform in any medium, including without limitation by any automated or non-automated “scraping.”
  • You will not take any action that imposes, or may impose at our sole discretion, an unreasonable or disproportionately large load on our infrastructure.
  • You will not collect information about others.
  • You will not express or imply that any statements you make are endorsed by BitOasis without our specific prior written consent.
  • You will not distribute spam, and will not use any robot, spider, site search/retrieval application, or other manual or automatic device or process to retrieve, index, “data mine”, or in any way repro-duce or circumvent the navigational structure or presentation of the Platform or its contents.
  • You will not post, distribute or reproduce in any way any copyrighted material, trademarks, or other proprietary information without obtaining the prior consent of the owner of such proprietary rights.
  • You will not post content which: contains expletives or language which could be deemed offensive or is likely to harass, upset, embarrass, alarm or annoy any other person; is obscene, pornographic or otherwise may offend human dignity; is abusive, insulting or threatening, or which promotes or encourages racism, sexism, hatred or bigotry; incorporates the image or likeness of any individual under 18 years of age; is defamatory.
  • You will not encourage any illegal activity including, without limitation, theft, terrorism, inciting racial hatred or the submission of which in itself constitutes committing a criminal offense.
  • You will not interfere with or disrupt the Platform or the servers or networks connected to the Plat-form.
  • You will not post, email or otherwise transmit any material that contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer software or hardware or telecommunications equipment.
  • You agree not to impersonate any person or entity or misrepresent your affiliation with a person or entity.
  • You agree to not violate any law or regulation and you solely are responsible for such violations.
  • You will not engage in any prohibited transactions.
  • You agree not to cause, or aid in, the destruction, manipulation, removal, disabling, or impairment of any portion of our Platform, including the de-indexing or de-caching of any portion of our website from a thirty party’s website, such as by requesting its removal from a search engine.

If you are discovered to be undertaking any of the aforementioned actions your privileges to use our Platform may at our discretion be terminated or suspended. Generally, we will provide an explanation for any suspension or termination, but we reserve the right to suspend or terminate any account at any time without notice or explanation.

BitOasis has the right, but not the obligation, to monitor all conduct on and content submitted to the Platform. You are responsible for determining the identity and suitability of others you contact via the Platform.

By using the Platform, you agree that any legal remedy or liability that you seek to obtain resulting from actions or omissions of other users or other third parties will be limited to a claim against the particular users or other third parties who caused you harm, and you agree not to attempt to impose liability on, or seek any legal remedy from BitOasis with respect to such actions or omissions.

17. Indemnity

You agree to indemnify and hold BitOasis and its officers, directors, shareholders, agents, employees, consultants, affiliates, subsidiaries and third-party partners harmless from any claim or demand, including reasonable attorneys' fees, due to or arising out of (a) your use of the Platform, (b) a breach of any term of these Terms of Service or our Privacy Policy, (c) any assertion that content you submitted violates any law or infringes on any third party right including intellectual property or privacy right, (d) interaction among users of the Platform, or (e) any claims that your actions through or via the Platform caused harm to a third party.

18. Third Party Websites

The Platform may contain links to third party websites or content from third party websites that are not controlled under these Terms of Service. You acknowledge that BitOasis is not liable or responsible for any third party websites or any third party content, information or products made available at third par-ty websites. You acknowledge sole responsibility and assume all risk arising from your use of any such websites or resources. You should read the terms and conditions and privacy policies of third party web-sites that you visit.

19. Electronic Communications

The communications between you and BitOasis use electronic means, whether you visit the Platform or send BitOasis e-mails, or whether BitOasis posts notices on the Platform or communications with you via e-mail. For contractual purposes, you (1) consent to receive communications from BitOasis in an electronic form; (2) agree that all terms, conditions, agreements, notices, disclosures, and other communications that BitOasis provides to you electronically satisfy any legal requirement that such communications would satisfy if it were to be in writing. The foregoing does not affect your statutory rights.

20. General Provisions

BitOasis reserves the right to modify, amend or change the Terms of Service at any time (a “Change”). In certain circumstances, we may send an email to you notifying you of any Change. You should regularly check this page to take notice of any Changes.

If you do not accept any Change to the Terms of Service, you should stop using the Platform immediately. Your continued use of the Platform following any Change constitutes your acceptance of the Change and you will be legally bound by the new updated Terms of Service.

If, for any reason, any of the Terms of Service are declared to be illegal, invalid or otherwise unenforceable by a court of a competent jurisdiction, then to the extent that term is illegal, invalid or unenforceable, it shall be severed and deleted from the Terms of Service and the remainder of the Terms of Service shall survive, remain in full force and effect and continue to be binding and enforceable.

No failure or delay by us in exercising any right, power or privilege under the Terms of Service shall operate as a waiver of such right or acceptance of any variation of the Terms of Service and nor shall any single or partial exercise by either party of any right, power or privilege preclude any further exercise of that right or the exercise of any other right, power or privilege.

Nothing in the Terms of Service shall confer or purport to confer on any other third party any benefit or the right to enforce any term of the Terms of Service.

As referenced within the dispute resolution provisions below, any equitable or injunctive actions arising out of or relating to this Agreement or your use of the Platform must be commenced in the state or federal courts located in Sacramento County, California, United States of America (and you consent to the jurisdiction of those courts). In any such action, you irrevocably waive any right to a trial by jury.

You consent to receive all communications including notices, agreements, disclosures, or other information from BitOasis electronically. BitOasis may provide all such communications by means including but not limited to email or mobile message or by posting them on the Platform. Support-related inquires or notices may be sent to us at [email protected]

This Agreement is binding upon and shall inure to the benefit of both parties and their respective successors, heirs, executors, administrators, personal representatives, and permitted assigns. You may not assign this Agreement without BitOasis’ prior written consent. No third party shall have any rights hereunder.

This Agreement shall be governed by the laws of the United Arab Emirates, without regard to principles of conflicts of law.

21. Platform Accuracy

Although we intend to provide accurate and timely information on the Platform or the BitOasis website including, without limitation, any content, may not always be entirely accurate, complete or current and may also include technical inaccuracies or typographical errors. In an effort to continue to provide you with as complete and accurate information as possible, information may be changed or updated from time to time without notice, including without limitation information regarding our policies, products and services. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the BitOasis Site are your sole responsibility and we shall have no liability for such decisions.

22. Translations

Notwithstanding any other provision of this Agreement, any translation of this Agreement is provided for your convenience. The meanings of terms, conditions and representations herein are subject to definitions and interpretations in the English language. Any translation provided may not accurately represent the information in the original English.

23. Dispute Resolution

You and BitOasis agree that any dispute, claim or controversy arising out of or relating to this Agreement or the breach, termination, enforcement, interpretation or validity thereof, or to the use of the Platform (collectively, “Dispute(s)”) will be settled by binding arbitration. You acknowledge and agree that you and BitOasis are each waiving the right to a trial by jury or to participate as a plaintiff or class member in any purported class action or representative proceeding. The Dispute shall be settled by arbitration in accordance with the provisions set forth under the Rules of Commercial Conciliation and Arbitration (“the Rules”) of the Dubai Chamber of Commerce & Industry, by one or more arbitrators appointed in compliance with the Rules. All parties agree to hear the dispute in Dubai, United Arab Emirates. Both parties agree that they will be responsible for their own costs and fees regarding any Dispute.

The arbitrator’s decision will include the essential findings and conclusions upon which the arbitrator based the award. Judgment on the arbitration award may be entered in any court having jurisdiction thereof. The arbitrator’s award damages must be consistent with the terms of the “Disclaimers and Limitation of Liability” section above as to the types and the amounts of damages for which a party may be held liable. The arbitrator may award declaratory or injunctive relief only in favor of the claimant and only to the extent necessary to provide relief warranted by the claimant’s individual claim.






CryptoCorp Inc. Terms of Service

Last Updated: June 8, 2015

PLEASE READ THESE TERMS OF SERVICE CAREFULLY. BY CHECKING THE BOX TO AGREE TO THESE TERMS OF SERVICE OR BY ACCESSING OR USING OUR SERVICES, YOU AGREE TO BE BOUND BY THESE TERMS OF SERVICE AND ALL TERMS INCORPORATED BY REFERENCE. IF YOU DO NOT AGREE TO THESE TERMS, DO NOT USE OUR SERVICES.

These Terms of Service and any terms expressly incorporated herein (“Terms”) apply to your access to and use of the multi-signature bitcoin services (collectively, the “Services”) provided by CryptoCorp Inc. (“Company,” “we,” or “us”) in connection with your bitcoin wallet(s) (“Wallet(s)”), hosted by BitOasis Technologies FZE that has integrated its wallet software with our Services (“Host”).

1. ELIGIBILITY

You represent and warrant that you: (a) are of legal age to form a binding contract; (b) have not previously been suspended or removed from using our Services; and (c) have full power and authority to enter into this agreement and in doing so will not violate any other agreement to which you are a party. If you are using our Services on behalf of a legal entity, you further represent and warrant that (i) such legal entity is duly organized and validly existing under the applicable laws of the jurisdiction of its organization; (ii) you are duly authorized by such legal entity to act on its behalf; and (iii) such legal entity agrees to be responsible to us if you violate these Terms.

2. ACCOUNT REGISTRATION

You must create an account to access our Services (“Account”). Your Account will be created as a part of the Wallet hosted by the Host and have integrated the Wallet with our Services.

You must: (a) provide accurate and truthful information; (b) maintain the security of your Account by protecting the Personal Keys associated with your Account and restricting access to the computer or mobile device you use to access your Account; (c) promptly notify us if you discover or otherwise suspect any security breaches related to your Account; and (d) take responsibility for all activities that occur under your Account and accept all risks of any authorized or unauthorized access to your Account, to the maximum extent permitted by law.

3. PRIVACY POLICY

Please refer to our Privacy Policy for information about how we collect, use and share your information.

4. DESCRIPTION OF SERVICES

Our Services provide a bitcoin transaction authorization solution. Once you have integrated your Wallet with our Services, the Services generate bitcoin addresses used to send and receive bitcoin in your Wallet. These addresses require signatures both from you and from us to send bitcoin (“multi-signature address”) and can be used to allow us to confirm your bitcoin transactions (“Transactions”) prior to their processing by the Verification Network (defined below), to help prevent mistaken, fraudulent, or erroneous bitcoin transactions.

  1. Multi-Signature Functionality. Each multi-signature address will be governed by three strings made up of letters and numbers, called “keys,” associated with it: a key associated with your Wallet (“Wallet Key”), a private key held by you and not accessible to the Company (“Recovery Key”, and together with the Wallet Key, the “Personal Keys”), and a key held by the Services and not accessible to you (“Company Key”). You can initiate a bitcoin transaction using the Services by using: (1) either the Wallet Key or the Recovery Key and requesting that the Services use the Company Key, or (2) both the Wallet Key and Recovery Key (i.e., your Personal Keys).
    • Transactions Using Company Key. When you submit a Transaction for the Services to sign with the Company Key, the Services assess the risk that the Transaction is fraudulent. In determining whether to sign a Transaction, the Services analyze general patterns of behavior and spending activity of the associated multi-signature address. The Services make a judgment call regarding whether your proposed Transaction fits your activity patterns. In the event a Transaction appears fraudulent, the Services will suspend the Transaction and attempt to contact you by phone, SMS/text message, or email to confirm the validity of your Transaction. If you confirm that a Transaction should continue, we will sign with the Company Key. If you have not provided a phone number or email address to us, and the Services determine the Transaction may be fraudulent or erroneous, the Services will not sign with the Company Key. You are solely responsible for updating any contact information that you have provided to the Company to be current and accurate. By providing a phone number or email address, you represent that you have sole access to that phone number or email address, or, if multiple people have access, that each of those people is authorized to confirm Transactions for your Account.
    • Transactions Using Recovery Key. If the Services do not sign the Transaction with the Company Key, you may alternatively sign the Transaction with the Recovery Key to complete the Transaction.
    • Pre-Set Limits. You may set limits associated with (1) the number of bitcoins that your Wallet can send in one day and (2) the time delay before the Services reconsider signing a Transaction to be signed with the Company Key. If a Transaction attempts to exceed these limits, our Services will automatically suspend the Transaction and contact you to confirm its validity. We reserve the right to allow the Services to unilaterally change these limits based on your use of the Services, e.g., if your daily volume of Transactions is consistently above the limit you have set, we may adjust your daily limit in the Services.
    • Transaction Information. You acknowledge and agree that we are not responsible for any errors or omissions that you make in connection with Transaction initiated via our Services. For instance, if you mistype a destination address, the bitcoin will be sent to whatever address you provide. We strongly encourage you to review your bitcoin transaction information carefully before submitting any bitcoin transactions via our Services.
  2. Access to Hosts. In order to use our Services, you must have a Wallet with the Host pursuant to a separate agreement with the Host, and must grant us any permissions we require in connection with your Host account(s) that you use with our Services. You represent and warrant that any permissions you grant relating to your Host accounts will not cause you to be in violation of any agreement you have with a Host and will not cause Company to be in violation of any third-party agreement. If your Wallet is terminated for any reason, you will no longer be able to access your Account associated with that Wallet.
  3. Integration of Services. When you link your Wallet with our Services, the integration process may include, but is not limited to, creating new multi-signature bitcoin address(es), transferring any bitcoin in your Wallet at the time of Wallet creation to your new multi-signature address(es), and updating the interface displayed when you access your Wallet in your browser. After integration, you will still be able to receive bitcoin at your prior Wallet address and initiate non-multi-signature transactions, but only Transactions initiated from multi-signature addresses requesting our Company Key will utilize our Services.
  4. No Personal Key Retrieval. We do not receive or store your Personal Keys, and cannot generate new Personal Keys for your Wallet. Therefore, we cannot assist you with Personal Key retrieval. You are solely responsible for remembering your Personal Keys. If you only have access to your Wallet Key but not your Recovery Key, you may be unable to transfer bitcoin to another Wallet through a multi-sig Transaction. YOU UNDERSTAND, ACKNOWLEDGE, AND AGREE THAT ANY BITCOIN YOU HAVE ASSOCIATED WITH YOUR ACCOUNT MAY BECOME INACCESSIBLE IF YOU DO NOT HAVE ACCESS TO YOUR PERSONAL KEYS.
  5. Host Transactions. All Transactions are subject to the terms and conditions imposed by the applicable Host. The applicable Host may charge you transaction, subscription, or other fees in addition to any fees payable to us in connection with your use of our Services. You must look solely to the applicable Host to resolve any questions and disputes regarding any Transaction or any fees charged by such Host.
  6. Limitations. We may, at our discretion, impose limits on any Transaction, or delay, queue, or reject the submission of any Transaction.
  7. Transaction Requests. All proposed bitcoin transactions must be confirmed and recorded in the Bitcoin public ledger via the Bitcoin distributed consensus network (“Verification Network”), which is not owned, controlled, or operated by Company. Our Services help you submit your Bitcoin transaction request for confirmation to the Verification Network. However, the Bitcoin network, including the Verification Network, is operated by a decentralized network of independent third parties. Company has no control over the Bitcoin network, including the Verification Network, and therefore cannot and does not ensure that any transaction request you submit via our Services will be confirmed via the Verification Network. You acknowledge and agree that the transaction requests you submit via our Services may not be completed, or may be substantially delayed, by the Verification Network. When you complete a transaction request via our Services, you authorize us to submit your transaction request to the Verification Network in accordance with the instructions you provide via our Services.
  8. No Storage or Transmission of Bitcoins. Bitcoins are an intangible asset, they exist only by virtue of the ownership record maintained in the Bitcoin network. Our Services do not store, send, or receive bitcoins. Any transfer of title in bitcoins occurs within the decentralized Bitcoin network and not within our Services.
  9. Accuracy of Information. You represent and warrant that any information you provide via our Services is accurate and complete. You acknowledge and agree that Company is not responsible for any errors or omissions that you make in connection with any Bitcoin transaction initiated via our Services. For instance, if you mistype a wallet address or otherwise provide incorrect information in connection with any transaction request to send bitcoins via our Services, the bitcoins will be sent to whatever wallet address or information you provide. We strongly encourage you to review your transaction request details carefully before completing any transaction requests via our Services.
  10. No Cancellations or Modifications. Once a transaction request has been submitted to the Bitcoin Verification Network via our Services, the Verification Network will automatically complete or reject the request and you will not be able to cancel or otherwise modify your transaction request. Company has no control over the Bitcoin Verification Network and does not have the ability to facilitate any cancellation or modification requests. As a result, all transaction requests initiated via our Services are irreversible.
  11. Relationship. Company is an independent contractor for all purposes, and is not your agent or trustee. We are not an exchange, a broker or a dealer, and we do not give investment advice, tax advice, legal advice, or other professional advice. We do not sponsor, recommend or endorse any Host.

5. FEES

  1. Pricing. In connection with each Transaction initiated using our Services, you will be required to pay a fee that is specified in your agreement with the Host (“Fee”). The Fee will be automatically added to the total number of bitcoins transferred in the Transaction and will be directed to the Company upon initiation of the Transaction. The Fee will not be paid to the Company if the Transaction does not complete. The Fee will only be payable for Transactions completed using the Services. Transactions completed using only Personal Keys, without relying upon the Company Key, will not require payment of the Fee.
  2. Taxes. The Fees applicable to our Services exclude any applicable taxes. It is your responsibility to determine what, if any, sales, use, value-added, or similar transfer taxes are imposed in connection with our Services, and any profit or loss you obtain therefrom, and it is your responsibility to collect, report, withhold, and remit the correct taxes to the appropriate tax authorities. You agree that Company is not responsible for determining whether taxes apply to your Transactions or for collecting, reporting, withholding, or remitting any taxes arising from Transactions. We reserve the right to collect or recover such taxes from you at any time where required or permitted by law.

6. DISCONTINUANCE OF SERVICES

We may, in our sole discretion and without liability to you, with or without prior notice and at any time, modify or discontinue, temporarily or permanently, any portion of our Services. You are solely responsible for storing, outside of the Services, a backup of the Personal Key associated with your multi-signature address. If you do not maintain a backup of your Personal Keys, you will be unable to access bitcoins associated with any of your multi-signature addresses in the event that we discontinue the Services.

7. ASSUMPTION OF RISK

We do not guarantee the accuracy, completeness, or timeliness of our Services or any content or materials displayed via our Services. Without limiting the foregoing, you acknowledge and agree that our Services rely on third party services, including Host’s services. You acknowledge and agree that there are risks associated with utilizing an Internet-based, Bitcoin wallet service including, but not limited to, the risk of failure of hardware, software, and Internet connections, the risk of malicious software introduction, and the risk that third parties may obtain unauthorized access to information stored within your Account, including, but not limited to your Wallet. We are not responsible to you for (a) any inaccuracies, errors or omissions in our Services or (b) any communication failures, disruptions, errors, distortions, or delays you may experience when using our Services to engage in any Transaction, however caused.

Company takes no responsibility for and will not be liable for any losses, damages or claims arising from the use of our Services, or the loss or compromise of your Account credentials, including, but not limited to, any losses, damages, or claims arising from (a) any Account credentials being "bruteforced", (b) server failure or data loss, (c) forgotten Personal Keys, (d) corrupted files, (e) incorrectly constructed Transactions or mistyped bitcoin addresses, (f) "phishing," viruses, third-party attacks, or any other unauthorized third-party activities, or (g) any other unauthorized access to our Services via your computer or mobile device.

8. THIRD-PARTY SERVICES AND CONTENT

In using our Services, you may view content or utilize services provided by Host and other third parties, including links to web pages and services of such parties (“Third-Party Content”). We do not control, endorse or adopt any Third-Party Content and will have no responsibility for Third-Party Content, including, without limitation, material that may be misleading, incomplete, erroneous, offensive, indecent, or otherwise objectionable. You are solely responsible for determining whether the use of our Services or any Third-Party Content is permissible under the laws applicable to your jurisdiction. In addition, your business dealings or correspondence with such third parties are solely between you and the third parties. We are not responsible or liable for any loss or damage of any sort incurred as the result of any such dealings, and you understand that your use of Third-Party Content, and your interactions with third parties, is at your own risk.

9. ACCEPTABLE USE

You will not use our Services to violate any law, contract, or third-party right. We, and our respective officers, directors, members, employees, and agents (collectively, “Company Parties”) are not liable for your conduct in using our Services. Without limiting the generality of the foregoing, you will not use our Services in connection with any transaction involving illegal products or services. You further will not:

  • Use our Services in a manner inconsistent with any and all applicable local, state, national, and international laws and regulations;
  • Use our Services in any manner that could interfere with, disrupt, negatively affect, or inhibit other users from fully enjoying our Services, or that could damage, disable, overburden, or impair the functioning of our Services in any manner;
  • Use any robot, spider, crawler, scraper, or other automated means or interface not provided by us to access our Services or to extract data from our Services;
  • Use any software made available by us to resell our Services in part or in whole or present any white-label or private-label offering of our Services in part or in whole, unless you and Company have entered into a separate agreement governing the use of such software;
  • Use or attempt to use another user’s Account without authorization;
  • Share access to your Account with any other person, use our Services on behalf of another party or share your Account password or other credentials with any other party;
  • Attempt to circumvent any content filtering techniques we employ, or attempt to access any service or area of our Services that you are not authorized to access;
  • Introduce to our Services any virus, trojan worms, logic bombs, or other harmful material;
  • Develop any third-party applications that interact with our Services without our prior written consent;
  • Provide false, inaccurate, or misleading information; and
  • Encourage or induce any third party to engage in any of the activities prohibited under this Section.

10. FEEDBACK

We will own exclusive rights, including all intellectual property rights, to any feedback, suggestions, ideas, or other information or materials regarding Company or our Services that you provide, whether by email, posting through our Services, or otherwise (“Feedback”). Any Feedback you submit is non-confidential and will become the sole property of Company. We will be entitled to the unrestricted use and dissemination of such Feedback for any purpose, commercial or otherwise, without acknowledgment or compensation to you. You waive any rights you may have to the Feedback (including any copyrights or moral rights). Do not send us Feedback if you expect to be paid or want to continue to own or claim rights in your Feedback. We also have the right to disclose your identity to any third party who is claiming that any content posted by you constitutes a violation of their intellectual property rights, or of their right to privacy. Further, you agree not to submit any Feedback that is defamatory, illegal, offensive, or otherwise violates any right of any third party, or breaches any agreement between you and any third party.

11. COPYRIGHTS AND OTHER INTELLECTUAL PROPERTY RIGHTS

Unless otherwise indicated by us, all copyright and other intellectual property rights in all content and other materials contained on our website or provided in connection with our Services, including, without limitation, the Company, Company logos, Services logos, and all designs, text, graphics, pictures, information, data, software, sound files, other files, and the selection and arrangement thereof (collectively, “Company Materials”) are the proprietary property of Company or our licensors or suppliers and are protected by copyright laws and other intellectual property rights laws.

We hereby grant you a limited, nonexclusive, and non-sublicensable license to access and use the Company Materials for your personal or internal business use. Such license is subject to these Terms and does not permit (a) any resale of the Company Materials; (b) the distribution, public performance, or public display of any Company Materials; (c) modifying or otherwise making any derivative uses of the Company Materials, or any portion thereof; or (d) any use of the Company Materials other than for their intended purposes. The license granted under this Section will automatically terminate if we suspend or terminate your access to our Services.

12. TRADEMARKS

“CryptoCorp,” the Company logo, and any other Company product or service names, logos, or slogans that may appear on our Services are trademarks of Company and may not be copied, imitated or used, in whole or in part, without our prior written permission. You will not use any trademark, product, or service name of Company without our prior written permission, including without limitation any metatags or other “hidden text” utilizing any trademark, product, or service name of Company. In addition, the look and feel of our Services, including all page headers, custom graphics, button icons and scripts, is the service mark, trademark and/or trade dress of Company and may not be copied, imitated or used, in whole or in part, without our prior written permission. All other trademarks, registered trademarks, product names, and company names or logos mentioned through our Services are the property of their respective owners. Reference to any products, services, processes, or other information, by name, trademark, manufacturer, supplier, or otherwise does not constitute or imply endorsement, sponsorship, or recommendation by us.

13. SUSPENSION; TERMINATION

In the event of any Force Majeure Event (as defined in Section 18.5), breach of these Terms, or any other event that would make provision of the Services commercially unreasonable for Company, we may, in our discretion and without liability to you, with or without prior notice, suspend your access to all or a portion of our Services. We may also terminate your access to the Services in our sole discretion, immediately and without prior notice, and deactivate your Account without liability to you. You may also terminate these Terms at any time by discontinuing your use of our Services. Upon termination, you will only be able to access bitcoin stored in a multi-signature bitcoin address by sending it to another address using your Personal Keys.

14. DISCLAIMER OF WARRANTIES

  1. TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, AND EXCEPT AS EXPRESSLY PROVIDED TO THE CONTRARY IN A WRITING BY US, OUR SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, WE EXPRESSLY DISCLAIM, AND YOU WAIVE, ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT AS TO OUR SERVICES, INCLUDING THE INFORMATION, CONTENT, AND MATERIALS CONTAINED THEREIN.
  2. WE DO NOT REPRESENT OR WARRANT THAT OUR SERVICES ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS; THEREFORE, YOU SHOULD USE INDUSTRY-RECOGNIZED SOFTWARE TO DETECT AND DISINFECT VIRUSES FROM ANY DOWNLOAD.
  3. YOU ACKNOWLEDGE THAT INFORMATION YOU STORE OR TRANSFER THROUGH OUR SERVICES MAY BECOME IRRETRIEVABLY LOST OR CORRUPTED OR TEMPORARILY UNAVAILABLE DUE TO A VARIETY OF CAUSES, INCLUDING SOFTWARE FAILURES, PROTOCOL CHANGES BY THIRD PARTY PROVIDERS, INTERNET OUTAGES, FORCE MAJEURE EVENT OR OTHER DISASTERS, SCHEDULED OR UNSCHEDULED MAINTENANCE, OR OTHER CAUSES EITHER WITHIN OR OUTSIDE OUR CONTROL. YOU ARE SOLELY RESPONSIBLE FOR BACKING UP AND MAINTAINING DUPLICATE COPIES OF ANY INFORMATION YOU STORE OR TRANSFER THROUGH OUR SERVICES.
  4. Some jurisdictions do not allow the disclaimer of implied terms in contracts with consumers, so some or all of the disclaimers in this section may not apply to you.

15. LIMITATION OF LIABILITY

  1. EXCEPT AS OTHERWISE REQUIRED BY LAW, IN NO EVENT SHALL COMPANY OR THE COMPANY PARTIES BE LIABLE FOR ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, OR ANY OTHER DAMAGES OF ANY KIND, INCLUDING BUT NOT LIMITED TO LOSS OF USE, LOSS OF PROFITS OR LOSS OF DATA, WHETHER IN AN ACTION IN CONTRACT, TORT (INCLUDING BUT NOT LIMITED TO NEGLIGENCE) OR OTHERWISE, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OF OR INABILITY TO USE OUR SERVICES OR THE COMPANY MATERIALS, INCLUDING WITHOUT LIMITATION ANY DAMAGES CAUSED BY OR RESULTING FROM RELIANCE BY ANY USER ON ANY INFORMATION OBTAINED FROM COMPANY, INCLUDING COMPANY MATERIALS, OR THAT RESULT FROM MISTAKES, OMISSIONS, INTERRUPTIONS, DELETION OF FILES OR EMAIL, ERRORS, DEFECTS, VIRUSES, DELAYS IN OPERATION OR TRANSMISSION OR ANY FAILURE OF PERFORMANCE, WHETHER OR NOT RESULTING FROM A FORCE MAJEURE EVENT, COMMUNICATIONS FAILURE, THEFT, DESTRUCTION OR UNAUTHORIZED ACCESS TO OUR SERVICES OR COMPANY’S RECORDS, PROGRAMS OR OTHER SERVICES, OR THAT RESULT FROM ANY TRANSACTIONS OR ANY INTERACTION WITH HOST.
  2. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE AGGREGATE LIABILITY OF COMPANY AND THE COMPANY PARTIES, WHETHER IN CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE, WHETHER ACTIVE, PASSIVE OR IMPUTED), PRODUCT LIABILITY, STRICT LIABILITY OR OTHER THEORY, ARISING OUT OF OR RELATING TO THE USE OF, OR INABILITY TO USE, OUR SERVICES OR TO THESE TERMS EXCEED ONE HUNDRED DOLLARS (USD$100).

Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for incidental or consequential damages. Accordingly, some of the limitations of this section may not apply to you.

16. INDEMNITY

You will defend, indemnify, and hold harmless Company and each of the Company Parties from any claim, demand, action, damage, loss, cost or expense, including without limitation reasonable attorneys’ fees, arising out or relating to (a) your use of, or conduct in connection with, our Services; (b) any Feedback you provide; (c) your violation of these Terms; or (d) your violation of any rights of any other person or entity. Further, if you are using our Services on behalf of any entity, you represent and warrant that such entity will indemnify you and Company for violations of these Terms in accordance with this Section. If you are obligated to indemnify us, we will have the right, in our sole discretion, to control any action or proceeding (at our expense) and determine whether we wish to settle it.

17. APPLICABLE LAW; ARBITRATION

PLEASE READ THE FOLLOWING PARAGRAPH CAREFULLY BECAUSE IT REQUIRES YOU TO ARBITRATE DISPUTES WITH US AND IT LIMITS THE MANNER IN WHICH YOU CAN SEEK RELIEF.

You and Company will arbitrate any dispute arising from these Terms or your use of our Services, except for disputes in which either party seeks equitable and other relief for the alleged unlawful use of copyrights, trademarks, trade names, logos, trade secrets, or patents. ARBITRATION PREVENTS YOU FROM SUING IN COURT OR FROM HAVING A JURY TRIAL. You and Company will notify each other in writing of any dispute within thirty (30) days of when it arises. Notice to Company must be sent to [email protected]'. You and Company further will: (a) to attempt informal resolution prior to any demand for arbitration; (b) that any arbitration will occur in California, United States; (c) that arbitration will be conducted confidentially, in the English language and by a single arbitrator in accordance with the Rules of the JAMS COMPREHENSIVE ARBITRATION RULES AND PROCEDURES developed by JUDICIAL ARBITRATION AND MEDIATION SERVICES, INC. (“JAMS”), and such JAMS Rules are deemed to be incorporated by reference to these Terms; and (d) that the courts in California have exclusive jurisdiction over any appeals of an arbitration award and over any suit between the parties not subject to arbitration. Other than class procedures and remedies discussed below, the arbitrator has the authority to grant any remedy that would otherwise be available in court. Any dispute between the parties will be governed by these Terms and the laws of California, without giving effect to any conflict of laws principles that may provide for the application of the law of another jurisdiction. Your arbitration fees and your share of arbitrator compensation shall be governed by the JAMS Rules. If such costs are determined by the arbitrator to be excessive, Company will pay all arbitration fees and expenses. The arbitration may be conducted in person, through the submission of documents, by phone, or online. The arbitrator will make a decision in writing, but need not provide a statement of reasons unless requested by a party. WHETHER THE DISPUTE IS HEARD IN ARBITRATION, OR IN COURT, YOU AND COMPANY WILL NOT COMMENCE AGAINST THE OTHER A CLASS ACTION, CLASS ARBITRATION, OR REPRESENTATIVE ACTION OR PROCEEDING.

18. MISCELLANEOUS.

  1. Entire Agreement; Order of Precedence. These Terms contain the entire agreement, and supersede all prior and contemporaneous understandings between the parties regarding our Services. These Terms do not alter the terms or conditions of any other electronic or written agreement you may have with Company for our Services or for any other Company product or service or otherwise. In the event of any conflict between these Terms and any other agreement you may have with Company, the terms of that other agreement will control only if these Terms are specifically identified and declared to be overridden by such other agreement.
  2. Amendment. We reserve the right to make changes or modifications to these Terms from time to time, in our sole discretion. If we make changes to these Terms, we will provide you with notice of such changes, such as by sending you an email and/or by posting the amended Terms via our Services and updating the “Last Updated” date at the top of these Terms. All amended Terms will become effective immediately on the date they are posted to our Services unless we state otherwise via our notice of such amended Terms. Any amended Terms will apply prospectively to use of our Services after such changes become effective. Your continued use of our Services following the effective date of such changes will constitute your acceptance of such changes. If you do not agree to any amended Terms, you must discontinue using our Services.
  3. Waiver. Our failure or delay in exercising any right, power, or privilege under these Terms will not operate as a waiver thereof.
  4. Severability. The invalidity or unenforceability of any of these Terms will not affect the validity or enforceability of any other of these Terms, all of which will remain in full force and effect.
  5. Force Majeure Events. Company will not be liable for any loss or damage arising from any event beyond Company’s reasonable control, including, but not limited to, flood, extraordinary weather conditions, earthquake, or other act of God, fire, war, insurrection, riot, labor dispute, accident, action of government, communications, power failure, or equipment or software malfunction (each, a “Force Majeure Event”).
  6. Assignment. You may not assign or transfer any of your rights or obligations under these Terms without prior written consent from Company, including by operation of law or in connection with any change of control. Company may assign or transfer any or all of its rights under these Terms, in whole or in part, without obtaining your consent or approval.
  7. Headings. Headings of sections are for convenience only and will not be used to limit or construe such sections.
  8. Survival. Sections 7 (Assumption of Risk), 10 (Feedback), 14 (Disclaimer of Warranties), 15 (Limitation of Liability), 16 (Indemnity), 17 (Applicable Law; Arbitration) and this Section 18 (Miscellaneous) will survive any termination or expiration of these Terms.