As used herein, “BuyCrypt” refers to the company BuyCrypt Inc., including but not limited to, its owners, directors, investors, officers, employees, agents or other related parties, unless otherwise provided herein.
The User is solely responsible for understanding and complying with any and all laws, rules and regulations of his/her specific jurisdiction that may be applicable to the User in connection with the use of any and all services, products and content of BuyCrypt.
BuyCrypt is a multi-terminal platform for cryptocurrency trading. The user has the ability to connect accounts from different exchanges using API keys and trade from one place in a more convenient interface using our Platform.
1.1. Account means an account registered by the User on the Platform.
1.2. API keys mean an application programming interface, that is, a program that allows the Platform to interact with other Exchanges among themselves.
1.3. Commission means a fee charged by or on behalf of any third party (e.g. bank, non-bank financial institution, payment service provider, etc).
1.4. Cryptocurrency or Funds means peer-to-peer decentralized digital representation of value (e.g. bitcoins, ethers, etc.).
1.5. Deposit means a Transaction involving the transfer of Funds to the Account.
1.6. Exchange means a trading platform where securities, commodities, derivatives and other financial instruments are traded.
1.7. Subscription means a monthly service fee charged by BuyCrypt.
1.8. Personal Information (personal data) means any information which identifies you personally or which may help us to identify you (e.g. your name, address, e-mail address, trades etc.).
1.9. Services mean all and any service provided by BuyCrypt.
1.10. Site means BuyCrypt website at https://buycrypt.com/
1.11. The Platform allows conducting transactions (hereinafter the Transactions) by managing the accounts of the exchanges that the User has connected using the API keys. It is impossible to withdraw cryptocurrency to an electronic wallet using the BuyCrypt Platform. The withdrawal of cryptocurrency to an electronic wallet on each Exchange is carried out by the User individually.
Where the context so admits words denoting the singular shall include the plural and vice versa.
2. THE SCOPE OF THE SERVICES
2.1. The Services allow all Users to connect accounts from various exchanges using API keys and trade from the Platform in a more convenient interface.
2.2. BuyCrypt does not provide any financial, investment or legal advice in connection with the Services provided by BuyCrypt. BuyCrypt may provide information on the price, range, volatility of Cryptocurrencies and events that have affected the price of Cryptocurrencies, but it should not be considered as an investment or financial advice and should not be construed as such. Any decision to buy or sell Cryptocurrencies is the User’s decision and BuyCrypt will not be liable for any loss suffered.
2.3. Depending on the User’s place of residence, the User may not be able to use all the functions of the Site. It is the User’s responsibility to follow those rules and laws in his/her place of residence and/or place from which the User accesses this Site.
2.4. The User acknowledges and agrees that, when using the Platform, BuyCrypt acts only as an intermediary between User and Exchange and between User and Trader in such Transactions, not as the counterparty to any trade.
3. THE USER’S RIGHTS AND RESPONSIBILITIES
3.3. The User undertakes to comply with any and all applicable laws and regulations related to the use of the Services.
3.4. The User undertakes to monitor all and any changes on his/her Account, including but not limited to the balance matters.
3.6. The User undertakes to notify BuyCrypt immediately of any unauthorized use of his/her Account or password, or any other breach of security by email addressed to [email protected].. Any User who violates the mentioned rules may be terminated, and thereafter held liable for any losses incurred by BuyCrypt or any user of the Site.
3.7. The User undertakes not to use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, financing terrorist organizations, or malicious hacking.
3.8. The User is responsible for any and all damages caused, and all liability actions brought against BuyCrypt for infringement of any third-party rights or violation of any applicable laws.
3.10. Users are solely responsible for determining whether any contemplated Transaction is appropriate for them based on their personal goals, financial status and risk willingness.
3.11. Users are prohibited from engaging in any kind of market manipulation actions which specifically includes, without limitation: front-running, wash trading, spoofing, layering, churning, and quote stuffing. For general
understanding market manipulation actions are actions taken by any User or a person acting in concert with a User which are intended to (i) deceive or mislead other Users; (ii) artificially control or manipulate the price or trading volume of Funds; (iii) aid, abet, enable, finance, support or endorse either of the above. This may include actions on BuyCrypt Platform and/or outside of BuyCrypt Platform. Actions regarded by BuyCrypt as market manipulation will result in blocking User's account on the Platform with the right to use blocked Funds for reimbursement of negative consequences appeared due to mentioned manipulation at sole discretion of BuyCrypt.
THE USER’S REPRESENTATIONS AND WARRANTIES
4.1. By registering an Account, the User expressly represents and warrants that he/she:
● follows the rules and laws in his/her country of residence and/or country from which he /she accesses this Site and Services;
● is at least 18 years old and has the right to accept these Terms of
Use and participate in transactions involving Cryptocurrencies.
4.2. The User represents and warrants that he/she will only use the Platform to perform Transactions in accordance with the conditions set forth in these Terms and that they are duly authorised and have the capacity to enter into the Transactions on the Platform.
4.3. The User represents and warrants that the cryptocurrency deposited on the Exchange Account, which is connected with the API keys to the Platform BuyCrypt, belongs to the User and is obtained from legitimate sources.
4.4. The User represents and warrants that all Transactions being carried out do not violate the rights of any third party or applicable laws.
4.5. The User understands that his personal data and identifiers may be shared with appropriately authorized third parties, due to legal obligations such as prevention of crimes and tax purposes and/or to provide the service requested by the User.
BUYCRYPT'S RIGHTS AND RESPONSIBILITIES
5.3. BuyCrypt is not responsible for any malfunction, breakdown, delay or interruption of the Internet connection or any reason why our site is unavailable at any given time.
5.4. BuyCrypt is not responsible for the delay in the processing of payments made by the fault of any third parties, operators of such transactions.
5.5. In the case of fraud, BuyCrypt undertakes to report all the necessary information, including names, addresses and all other requested information, to the relevant authorities dealing with fraud and breaches of the law. The Users recognize that their account may be frozen at any time at the request of any competent authority investigating a fraud or any other illegal activity.
INTELLECTUAL PROPERTY RIGHTS
6.1. All content on this Site is the property of BuyCrypt and is protected by copyright, patent, trademark and any other applicable laws, unless otherwise specified hereby.
6.2. The use of any content from the Site on any other site or a networked computer environment for any other purpose is strictly prohibited; any such unauthorized use may violate copyright, patent, trademark and any other applicable laws and could result in criminal or civil penalties.
THE USER VERIFICATION
7.1. The User undertakes to provide BuyCrypt with up-to-date personal information contained in them.
8.1. The Site is for the User’s personal and non-commercial use only. BuyCrypt is vigilant in maintaining the security of the Site and the Service. By registering with BuyCrypt, the User agrees to provide BuyCrypt with current, accurate and complete personal information as prompted by the registration process and to keep such information updated.
8.2. The User is allowed to register only one Account on the Platform. Thus, any additional Account may be suspended.
8.3. The User agrees that all actions conducted on the User’s Account are recognized as those made on behalf of the User and on the User’s own discretion.
8.4. The User agrees that he/she will not use any Account other than their own or access the Account of any other User at any time or assist others in obtaining unauthorized access.
8.5. The User is responsible for maintaining the confidentiality of information on their Account, including, but not limited to their password, email, wallet address, wallet balance and of all activities including Transactions made via their Account. If there is any suspicious activity related to the User’s Account, BuyCrypt may request additional information from the User, including authenticating documents and freeze the Account for the review time. The User is obligated to comply with these security requests or accept termination of their Account.
9.1. Transactions will be executed immediately, without prior notice to the Seller and the Buyer, and will be deemed completed on the date and time of execution.
9.2. The User acknowledges and agrees that if the details of the Transaction are not specified or are incorrectly indicated in the Transaction, the User may lose his funds.
10.1. The User does not pay BuyCrypt a commission for a transaction for each completed transaction. The User pays a commission in accordance with the rules of the Exchange, which User connected using the API keys to the Platform BuyCrypt.
11.1. BuyCrypt reserves the right to suspend or terminate your BuyCrypt Account at any time if we reasonably believe to be required to do so by the law or in order to comply with recommendations issued by a relevant government authority or recognized body for the prevention of financial crime.
11.2. It is strictly forbidden to use the Account for any illegal purposes. BuyCrypt will report any suspicious activity to the relevant law enforcement.
11.3. The User shall ensure that they do not use the Services for the transactions relating to:
11.3.1. money laundering, terrorist financing, proliferation of weapons of mass destruction;
11.3.2. human trafficking;
11.3.3. any goods or services that are illegal or the promotion, offer or
marketing of which is illegal or that are offered in connection with illegal, obscene or pornographic content, depict children or minors in sexual postures, depict means of propaganda or signs of unconstitutional organisations glorifying war or violating human dignity;
11.3.4. any goods or services, promotion, offer or marketing of which would violate copyrights, industrial property rights or other rights of any person;
11.3.5. archaeological findings;
11.3.6. drugs, narcotics or hallucinogens;
11.3.7. weapons of any kind;
11.3.8. illegal gambling services;
11.3.9. Ponzi, pyramid or any other “get rich quick” schemes;
11.3.10. goods that are subject to any trade embargo;
11.3.11. media that is harmful to minors and violates laws and, in particular,
the provision in respect of the protection of minors;
11.3.12. body parts or human remains;
11.3.13. protected animals or protected plants;
11.3.14. weapons or explosive materials; or
11.3.15. any other illegal goods, services, or transactions.
13. SERVICES AVAILABILITY
13.1. All Services are provided “AS IS”, without guarantees of any kind, either expressed or implied.
13.2. BuyCrypt will strive to keep the Site up and running; however, all online services suffer from occasional disruptions and outages and BuyCrypt is not liable for any disruption or loss the User may suffer as a result. Thus, BuyCrypt does not provide any guarantees that access to the Site will not be interrupted or that there will be no delays, failures, errors, omissions or loss of transmitted information.
14.1. The User undertakes to pay all his/her taxes and duties, which can be resulted from the use of BuyCrypt Services and should be paid according to the User’s state of residence regulations.
14.2. BuyCrypt is not responsible for any violation made by the User due to his/her obligation to calculate and pay taxes and duties.
NOTICES AND COMMUNICATION
15.1. BuyCrypt reserves the right to send notices to and communicate with the User by any means of communication available to BuyCrypt, considering the contact details provided by the User.
15.3. The main official information channel of BuyCrypt are chatting on the Platform, email, telegram.
GOVERNING LAW AND DISPUTE RESOLUTION
LIMITATION OF LIABILITY
17.1. IN NO EVENT SHALL BuyCrypt, ITS OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AND ALL THIRD PARTY SERVICE PROVIDERS BE LIABLE TO THE USER OR ANY OTHER PERSON OR ENTITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES WHATSOEVER, INCLUDING ANY THAT MAY RESULT FROM (I) ACCURACY, COMPLETENESS OR CONTENT OF THIS SITE, OR ANY OF BuyCrypt RELATED MEDIUMS OF COMMUNICATION, (II) ACCURACY, COMPLETENESS OR CONTENT OF ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (III) THE SERVICES FOUND AT THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (IV) PERSONAL INJURY OR PROPERTY DAMAGE OF ANY NATURE WHATSOEVER, (V) THIRD-PARTY CONDUCT OF ANY NATURE WHATSOEVER, (VI) ANY UNAUTHORIZED ACCESS TO OR USE OF OUR SERVERS AND/OR ANY AND ALL CONTENT, PERSONAL INFORMATION, FINANCIAL INFORMATION OR OTHER INFORMATION AND DATA STORED THEREIN, (VII) ANY INTERRUPTION OR CESSATION OF SERVICES TO OR FROM THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (VIII) ANY VIRUSES, WORMS, BUGS, TROJAN HORSES OR THE LIKE, WHICH MAY BE TRANSMITTED TO OR FROM THIS SITE OR ANY SITES LINKED (THROUGH HYPERLINKS, BANNER ADVERTISING OR OTHERWISE) TO THIS SITE, (IX) ANY USER CONTENT OR CONTENT THAT IS DEFAMATORY, HARASSING, ABUSIVE, HARMFUL TO MINORS OR ANY PROTECTED CLASS, PORNOGRAPHIC, “X-RATED”, OBSCENE OR OTHERWISE OBJECTIONABLE AND/ OR (X) ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USER'S USE OF THIS SITE OR THE SERVICES FOUND AT THIS SITE, OR ANY OF BuyCrypt RELATED MEDIUMS OF COMMUNICATION, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR ANY OTHER LEGAL OR EQUITABLE THEORY AND WHETHER OR NOT BuyCrypt IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN ADDITION, YOU SPECIFICALLY ACKNOWLEDGE AND AGREE THAT ANY CAUSE OF ACTION ARISING OUT OF OR RELATED TO THIS SITE OR THE SERVICES FOUND AT THIS SITE MUST BE COMMENCED WITHIN ONE (1) YEAR AFTER THE CAUSE OF ACTION ACCRUES, OTHERWISE SUCH CAUSE OF ACTION SHALL BE PERMANENTLY BARRED. IN ADDITION, THE USER SPECIFICALLY ACKNOWLEDGE AND AGREE THAT IN NO EVENT SHALL BuyCrypt’S TOTAL AGGREGATE LIABILITY EXCEED THE TOTAL AMOUNT PAID BY THE USER FOR THE PARTICULAR SERVICES THAT ARE THE SUBJECT OF THE CAUSE OF ACTION. THE FOREGOING LIMITATION OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW AND SHALL SURVIVE ANY TERMINATION OR EXPIRATION OF THIS AGREEMENT OR THE USER'S USE OF THIS SITE OR THE SERVICES FOUND AT THIS SITE.
MODIFICATIONS AND AMENDMENTS
LINKS TO THIRD-PARTY WEBSITES
21.1. This Site and the Services found at this Site may contain links to third-party websites that are not owned or controlled by BuyCrypt. BuyCrypt assumes no responsibility for the content, terms and conditions, privacy policies or practices of any third-party websites. In addition, BuyCrypt does not censor or edit the content of any third-party websites. By using this Site or the Services found at this Site, you expressly release BuyCrypt from any and all liability arising from the User's use of any third-party website. Accordingly, BuyCrypt encourages the User to be aware when the User leaves this Site, or the Services found at this Site
and to review the terms and conditions, privacy policies and other governing documents of any other website that you may visit.