Terms used in the singular shall, where the context so admits, include the plural, and vice versa.
You are solely responsible for understanding and complying with any and all laws, rules and regulations that may be applicable to you in connection with use of the Bitok.com services, including, but not limited to, those related to export or import activity, taxes or foreign currency transactions.
We may also not provide our Service (in whole or in part) to certain persons or in certain regions if there are any restrictions or risks.
Our Service allows the Buyer and the Seller to submit orders to buy and sell cryptocurrency. The Price for which Users offer to buy or sell is defined at own discretion of the Users.
When registering for your Account, you must provide current, complete and accurate information for all required elements on the registration page. If any of this information changes, it is your obligation to update such information as soon as possible. From time to time, we may also require you to provide additional information as a condition for continued use of the Service.
This Site and Service we offer is for your personal and non-commercial use only. You are solely responsible for maintaining the confidentiality of your Account information. If there is suspicious activity related to your Account, we may, but are not obligated, to request additional information from you, including identification documents, and to suspend any transactions related to your Account. You are obligated to comply with these requests or accept termination of your Account. You are required to notify Bitok.com immediately of any unauthorized use of your Account or any other breach of security by email addressed to firstname.lastname@example.org. Any User who violates these rules may be restricted from using the Service, and thereafter held liable for losses incurred by Bitok.com or any other User.
You must take all reasonable steps to keep your Account login and password safe all the time and never disclose it to anyone. Bitok.com personnel will never ask you to provide your password to Bitok.com or to a third party. Any message you receive or website that you visit that ask for the password, other than our Site or our payment gateway on a merchant website, should be reported to Bitok.com.
We may suspend your Account or otherwise restrict its functionality on reasonable grounds relating to the security of your Account or any of its security features or if we reasonably suspects that an unauthorized or fraudulent use of your Account has occurred or that any of its security features have been compromised. Bitok.com will notify you of any suspension or restriction and of the reasons for such suspension or restriction in advance or, where Bitok.com is unable to do so, immediately after the suspension or restriction has been imposed, unless notifying you would be unlawful or compromise our reasonable security interests. Bitok.com will lift the suspension and/or the restriction as soon as practicable after the reasons for the suspension and/or restriction have ceased to exist.
You are solely responsible for ensuring that any transaction you perform shall be a valid and legal and not violate any laws including money laundering laws and regulations.
It is strictly forbidden to use your Account for any illegal purposes including but not limited to fraud and money laundering. We will report any suspicious activity to the relevant law enforcement agencies.
In case you are in doubt whether your transaction falls under any of the restrictions and/or prohibitions, you have to check it with your lawyer.
We reserve the right to suspend or terminate your 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 crimes.
Only the Account owner can make Fund’s deposit and/or withdrawal. Deposit/withdrawal to/from the Account made not by the Account’s owner is prohibited.
Due to the inherent nature of the cryptocurrency network, the User acknowledges and agrees that withdrawing, depositing or otherwise receiving cryptocurrency into the Account may take up to three (3) calendar days, barring unforeseen or unavoidable network issues. BitOK reserves the right to postpone the new User’s withdrawal of any cryptocurrencies from the Account for forty-eight (48) hours as of the date when the Account was created due to security reasons.”
Depending on the payment method, completion of Legal Tender deposit and/or withdrawal transaction may take up to two (2) weeks from the moment of transaction initiation; however, the mentioned term could be prolonged by a bank or financial institution, which is involved in the payment process.”
You agree to pay us the Transaction fees for trades completed via our Service.
You authorize us, or our designated payment processor, to charge or deduct your Account Funds for any applicable Transaction fees owed in connection with trades you complete via the Service.
Transaction fee amount of 0.2% is automatically charged off in the cryptocurrency/Legal tender indicated after symbol “/” in the transaction pair after the relevant transaction.
Bitok.com has the right to change the amount of the Transaction fee, as well as the charge procedure.
You may terminate this agreement and close your Account at any time, following settlement of any pending transactions.
Bitok.com also reserves the right to cancel Account that has been inactive for a period of six (6) months or more, and/or to modify or discontinue our Site or Service. You agree that Bitok.com will not be liable to you or to any third party for termination of your Account or access to the Site or the Service.
The suspension of the Account shall not affect the payment of the Transaction fees due for past transactions. Upon termination, you shall provide a valid bank account details to allow for the transfer of any Funds stored your Account at the moment of termination. This bank account shall be held by you. Cryptocurrency may be transferred to a valid bank account only after conversion into a Legal tender. It can be transferred through cryptocurrency too according to our decision. Bitok.com shall transfer the Funds as soon as possible following your request in the time frames specified by Bitok.com.
Bitok.com will send to you the Funds stored on your Account; however, in circumstances a number of intermediaries may be involved in an international payment and these or the beneficiary bank may deduct charges. We will use reasonable efforts to ensure that such charges are disclosed to you prior to sending your payment, however, where they cannot be avoided, you acknowledge that these charges cannot always be calculated in advance, and that you agree to be responsible for such charges.
The Service is provided without warranty of any kind, either express or implied.
Bitok.com will strive to provide you with the Service as soon as possible but there are no guarantees that access will not be interrupted, or that there will be no delays, failures, errors, omissions or loss of transmitted information.
Our business model and our Service, consists of facilitating the buying, selling and trading of cryptocurrencies and their use to purchase goods and/or services in an unregulated, international open payment system.
Unless otherwise indicated by us, all content and other materials contained on the Site or provided in connection with the Service, including, without limitation, the Bitok.com logo and all designs, text, graphics, pictures, information, data, software, sound files, other files and the selection and arrangement thereof are the proprietary property of Bitok.com and are protected by the United Kingdom and international copyright laws and other intellectual property rights laws.
"Bitok.com" the Bitok.com logo, and any other Bitok.com product or service names, logos or slogans that may appear on our Service are trademarks of Bitok.com, in the United Kingdom and in other countries, and may not be copied, imitated or used, in whole or in part, without our prior written permission. You may not use any trademark, product or service name of Bitok.com without our prior written permission, including without limitation any meta-tags or other "hidden text" utilizing any trademark, product or service name of Bitok.com. In addition, the look and feel of our Service, including all page headers, custom graphics, button icons and scripts, is the service mark, trademark and/or trade dress of Bitok.com 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 Service 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.
In no event shall Bitok.com, it's officers, directors, employees, agents, and all third party service providers, be liable to you or any other person or entity for any direct, indirect, incidental, special, punitive, or consequential damages whatsoever, including any that may result from (1) the accuracy, completeness, or content of the Site, (2) the accuracy, completeness, or content of any sites linked (through hyperlinks, banner advertising or otherwise) to the Site, (3) the services found at this site or any sites linked (through hyperlinks, banner advertising or otherwise) to this site, (4) personal injury or property damage of any nature whatsoever, (5) third-party conduct of any nature whatsoever, (6) 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, (7) any interruption or cessation of services to or from this site or any sites linked (through hyperlinks, banner advertising or otherwise) to this site, (8) 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, (9) any your content or content that is defamatory, harassing, abusive, harmful to minors or any protected class, pornographic, “x-rated”, obscene or otherwise objectionable, and/or (10) any loss or damage of any kind incurred as a result of your use of this site or the services found at this site, whether based on warranty, contract, tort, or any other legal or equitable theory, and whether or not Bitok.com is advised of the possibility of such damages.
In addition, you specifically acknowledge and agree that in no event shall Bitok.com’s total aggregate liability exceed the total amount of Transaction fee paid by you during your experience with the Service.
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 your use of the Site or the Service.
You specifically acknowledge and agree that any cause of action arising out of or related to the Site or the Service must be commenced within one (1) year after the cause of action accrues, otherwise such cause of action shall be permanently barred.
In the event that you do not agree with any such modification and/or amendments, your sole and exclusive remedy is to terminate your use of the Service and terminate your Account.
This Site and the Service may contain links to third-party websites that are not owned or controlled by Bitok.com. Bitok.com assumes no responsibility for the content, terms and conditions, privacy policies, or practices of any third-party websites. In addition, Bitok.com does not censor or edit the content of any third-party websites. By using the Site or the Service, you expressly release Bitok.com from any and all liability arising from your use of any third-party website. Accordingly, Bitok.com encourages you to be aware when you leave the Site or the Service and to review the terms and conditions, privacy policies, and other governing documents of each other website that you may visit.
Bitok.com shall have no liability for any failure or delay resulting from any condition beyond our reasonable control, including but not limited to governmental action or acts of terrorism, hacker attacks, earthquake, fire, flood, or other acts of God, labor conditions, power failures, equipment failures, and Internet disturbances.
We may suspend our Service for the term up to fourteen (14) calendar days since the beginning of mentioned circumstances."