- "Customer," "user," "you," and "your" refers to the person or entity accessing and/or using Bitsrecx
- "Company," "our," "Bitsrecx," "Website," "we," and "us" collectively refers to the online website and platform "Bitsrecx" and its owners, directors, officers, employees, operators, agents, insurers, suppliers, and attorneys.
- "Party" may refer to either you or us, and "Parties" refers to both you and us. For the avoidance of any doubt, the contracting parties in our Terms are you and Bitsrecx.
- "Asset," "digital asset," "coin," "cryptocurrency," "funds," "good," "ledger entry," and "token" refer to blockchain-based software ledger data entries.
1. Acceptance of Terms
By accessing the website, you agree to be bound by our Terms and all applicable laws, rules and regulations, and you agree that you are responsible for compliance with, and that you are compliant with, all applicable laws, rules, and regulations. If you do not agree with any of our Terms, you are prohibited from using or accessing the Website or platform; your only recourse is to stop using the Website. Any use of the Website is your deemed acceptance of our Terms as they may be modified and amended from time to time.
1.1. Modification
Bitsrecx may revise our Terms at any time and without notice to you or third parties. By using the Website, you agree to be bound by the then-current version of our Terms. Continued use of the Website after a revision may affect transactions or other activities that you have already undertaken. We reserve the right to make any changes retroactively. You should check back often in case our Terms undergo changes.
2. Eligibility.
By using the Website, you represent and warrant that you are:
At least 18 years old and have full capacity to contract under applicable law
- Only transacting on Bitsrecx with legally-obtained funds that belong to you
- Not furthering, performing, undertaking, engaging in, aiding, or abetting any unlawful activity through your relationship with us or through your use of Bitsrecx, and
- complying with and obeying all applicable laws, rules and regulations.
We reserve the right to terminate your access to Bitsrecx for any reason and in our sole and absolute discretion. Use of Bitsrecx is void where prohibited by applicable law.
3. Restrictions on Use
3.1. Prohibited Jurisdictions
You are prohibited from using or accessing Bitsrecx from North Korea.
Transactions from users in these jurisdictions are prohibited, and Bitsrecx may seize any funds from users in these jurisdictions and donate them to a charity at Bitsrecx's sole discretion. By accessing this site or any services therein, you represent and warrant that you are not physically located in these prohibited jurisdictions.
3.2. Source of Funds
You are prohibited from using or accessing Bitsrecx to transmit or exchange digital assets that are the direct or indirect proceeds of any criminal or fraudulent activity, including terrorism or tax evasion. Bitsrecx reserves the right to deny, delay, or cancel a transaction it perceives as a risk of criminal or fraudulent activity.
3.3. Abuse of Platform
You are prohibited from using or accessing Bitsrecx in an abusive manner. This may include, without limitation and in Bitsrecx's sole discretion, submission of transactions or other data which imposes an unreasonable or unmanageably large load on the Bitsrecx platform, whether or not it interferes with normal operations.
3.4 Counterparties
Bitsrecx and all its services may be used only as a mechanism of software ledger entry translation between the user and Bitsrecx, i.e. all transactions processed by Bitsrecx are two-party transactions. You are prohibited from using Bitsrecx for the purpose of translating ledger entries with any other parties. For the avoidance of doubt, you must be the beneficial owner of both the sending address of the input assets, the destination address and the refund address for each transaction.
4. Prices, Exchange Rates, and Confirmations
Cryptocurrency and digital assets are highly experimental and risky.Bitsrecx's service attempts to provide accurate price and exchange rate information, but this information is highly volatile and can change quickly without users necessarily being aware of these changes. For normal orders (i.e., all orders except "Precise Amount" orders), the exchange rate you receive is calculated at the time your payment is accepted. Due to varying security between blockchains, your payment is typically considered "accepted" at one block confirmation. Bitsrecxmay occasionally accept a payment with zero confirmations, though this decision is at Bitsrecx's sole discretion. It is important to note that a payment being broadcast to the blockchain network does not constitute an acceptance by Bitsrecx of that payment. Users who are sensitive to the exchange rate they receive should use Bitsrecx's "Precise Amount" feature, which guarantees an exchange rate for a specified period of time. The user's payment must be received and accepted by Bitsrecx within that period in order to receive the guaranteed exchange rate. You may contact customer support for more information on exchange rates.
Bitsrecx only accepts one deposit per transaction ID ("TXID"). If your funds are deposited in a TXID with more than one deposit, you will need to contact support to receive a refund. The exchange rate will not be honored and your exchange will not be completed. User deposits to Bitsrecx that do not confirm within 48 hours of being detected will be cancelled. Refund requests will be honored after the deposit is confirmed on the blockchain.
5. Third-Party Phishing Scams
There are fake websites pretending to be Bitsrecx known as "phishing scams." They often use a misspelled URL that looks like "Bitsrecx" in order to trick users into sending them funds. DO NOT USE ANY SERVICE THAT ISN'T LOCATED EXACTLY AT THE "WWW.Bitsrecx" DOMAIN. Bitsrecx is not responsible for funds that have been sent to any fake Bitsrecx phishing scams. It is the responsibility of the user to verify they are visiting the correct domain and to search for the security certificate in the URL bar of their browser, which may look like this: Users should not trust private messages, solicitations or requests for funds from people claiming to represent Bitsrecx unless you have verified that it is an official request from a Bitsrecx employee. When in doubt, contact us directly to verify any messaging. Stay diligent and please report any phishing scams to our team through the Bitsrecx Help Center, located here: [email protected] Name.io.
6. Costs
From time to time, we may need to spend time dealing with issues brought to us by customers. Where any customer issue is not caused by our negligence or oversight, we reserve the right to recover reasonable administrative costs spent addressing the customer issue.
7. Payment and Fees
Fees applicable to the Services or any component of the Services, if any, shall be set forth at and/or the mobile application.
8. Transaction Fees
There may be transaction fees (e.g. swapping fees) associated with your virtual currency transactions that are required by the virtual currency system or blockchain network that you engage with. You must ensure that you have an adequate balance in your wallet and/or “gas” to complete transactions before initiating a transaction. You acknowledge and agree that we will not be liable for any failed transactions or losses you incur due to incorrectly set transaction fees (i.e. too low or too high) or due to insufficient funds or gas associated with your wallet address. You further acknowledge and agree that we do not have access to your or anyone else’s transactions.
Note To be able to withdraw, you must have your master card activated
9. Taxes
It is your responsibility to determine what, if any, taxes apply to the transactions that you have submitted transaction details for via the Services, and it is your responsibility to report and remit the correct tax to the appropriate tax authority. You agree that we are not responsible for determining whether taxes apply to your transactions or for collecting, reporting, withholding, or remitting any taxes arising from any Digital Asset-related transactions.
8. Privacy and Transparency Statement
Bitsrecx respects the privacy of its users by not requesting any information that is unnecessary for the use of the service or to comport with our obligations under applicable law. Bitsrecx also does not in any way obscure the information that it does request or obtain. Due to the inherent transparency of blockchains, transactions to and from Bitsrecx are public and easily correlated. Utilizing Bitsrecx to obscure transactions or assets in any way is pointless, ineffective, and ill-advised. Law enforcement has full access to blockchain information that goes in or out of Bitsrecx's system.
You accept that Bitsrecx will comply willingly with all legal requests for information from it. We reserve the right to provide information to law enforcement personnel and other third parties to answer inquiries, participate in investigations, respond to legal process, respond to the order of a court of competent jurisdiction and those exercising the court's authority, and to protect Bitsrecx and our users. By accepting our Terms, you expressly allow us to export data outside of the jurisdiction in which you reside or are located when you access Bitsrecx.
9. Investigations
You agree and accept that you will comply fully with any investigations initiated and conducted by Bitsrecx for any reason. This includes, without limitation, responding to interrogatories and furnishing materials to Bitsrecx within the timeframe prescribed by us. You must not impede or delay any investigation conducted by Bitsrecx.
10. Limitations
Use of Bitsrecx may carry financial risk, and is to be used as an experimental software utility only. In no event shall Bitsrecx be liable or responsible for any damages, claims, applications, losses, injuries, delays, accidents, costs, business interruption costs, or other expenses (including, without limitation, attorneys' fees or the costs of any claim or suit), nor for any incidental, direct, indirect, general, special, punitive, exemplary, or consequential damages, loss of goodwill or business profits, loss of cryptocurrency or digital assets, work stoppage, data loss, computer failure or malfunction, or any other commercial or other losses directly or indirectly arising out of or related to: our Terms; the Privacy and Transparency Statement; any service of Bitsrecx; the use of Bitsrecx; any use of your digital assets or cryptocurrency on Bitsrecx by any other party not authorized by you (collectively, all of the foregoing items shall be referred to herein as "Losses").
Bitsrecx is hereby released by you from liability for any and all Losses. We disclaim any and all warranties or guarantees, including any warranty of merchantability and warranty of fitness for any particular purpose. The foregoing limitations of liability shall apply whether the alleged liability or Losses are based on contract, negligence, tort, strict liability, or any other basis, even if Bitsrecx has been advised of or should have known of the possibility of such losses and damages, and without regard to the success or effectiveness of other remedies.
Notwithstanding anything else in our Terms, in no event shall the combined aggregate liability of Bitsrecx for any Loss hereunder exceed $50 .
11. Contact Us
Bitsrecx employs a robust support staff ready to discuss with you any questions, complaints or issues you may be having with Bitsrecx. We cannot guarantee a response time, but we make efforts to respond within 48 hours. The easiest way to contact us is through the Bitsrecx Help Center, located here: [email protected] Name.io. For all correspondence, please include any necessary identifying information such as your name, return email or physical address, and any transaction IDs relevant to your request. Failure to do so may prevent us from providing a response.
12. Severability
If any provision of these Terms is to any extent illegal, otherwise invalid or incapable of being enforced, such term shall be excluded to the extent of such invalidity or unenforceability and all other terms hereof shall remain in full force and effect. To the extent permitted and possible, any invalid or unenforceable provisions shall be deemed replaced by a term that is valid and enforceable and that comes closest to expressing the intention of such invalid or unenforceable provision.
13. Assignment
You agree that we may assign any of our rights and/or transfer, sub-contract, or delegate any of our obligations under these Terms without any notice or consent from you. These Terms will bind and inure to the benefit of the parties, their successors and permitted assigns. Your agreement to these Terms is personal to you and you may not transfer or assign it to any third party.
14. No Third Part Beneficiaries
You agree that, except as otherwise expressly provided in these Terms, there shall be no third party beneficiaries to the Terms.
Entire Agreement
These Terms completely and exclusively state the agreement between you and Bitsrecx regarding their subject matter. These Terms supersede and govern all prior or contemporaneous understandings, representations, agreements, or other communications between you and Bitsrecx, oral or written, regarding such subject matter.
Notices
Any notices or other communications provided by us under these Terms, including those regarding modifications to it will be given by posting to the Services and/or through other electronic communication. You agree and consent to receive electronically all communications, agreements, documents, notices and disclosures that we provide in connection with your account and your use of the Services.
Questions or Comments
If you have any questions relating to these Terms, your rights and obligations arising from these Terms and/or your use of Bitsrecx and our Services or any other matter please send us a message on our contact page at .
