Terms of Use

Last updated: February 10th, 2019

1. Introduction

Welcome to Bitior! Please read this User Agreement carefully. By signing up to create an account with Bitior, you (also referred to herein as "User") agree to be legally bound by all of the terms and conditions contained in this user agreement ("Agreement") by and between you and Bitior Inc. ("Bitior", "we", "us", "our"). Should you disagree with any terms and conditions of this Agreement, please do not access or use Bitior and any of its services ("Services").

2. Terms

Please understand that we reserve the right to modify this Agreement at any time by posting the amended agreement on this page. You agree and understand that by logging into your account and using Bitior following any changes to this Agreement, you accept the terms and conditions of the revised agreement in its entirety.

3. Eligibility

To be eligible to use Bitior, you must be at least 18 years of old and have the legal capacity to enter into this Agreement by and between you and Bitior.

4. Account

After registering and opening a Bitior account, you must successfully complete our BSA/AML Program in order to use our Services. You and only you are allowed to access your account using your login credentials. You acknowledge and agree that you are solely responsible for managing the security of your login credentials and any other forms of authentication. You agree that you will not allow any persons who have not successfully completed our BSA/AML program to access your Bitior account. We are not responsible for any unauthorized access and use of your Bitior account.

5. Acceptable Use

By accessing and using our Services, you agree that you are solely responsible for your conduct, and will not violate any law, contract, and intellectual property. You confirm that you will not use your Bitior account to participate in unlawful or abusive activity, money-laundering, fraud, illegal gambling, or any other illegal activities.

6. Prohibited Use

By accessing and using Bitior, you acknowledge and agree to act in compliance with the laws and regulations of any applicable governmental or regulatory authority.

Bitior may restrict or prohibit use of the Services from certain U.S. states or foreign jurisdictions ("Restricted Locations").

7. Suspension and Termination

You agree and understand that we reserve the right to immediately suspend and/or terminate your Bitior account (and any accounts owned by related entities) and take any necessary actions pursuant to this Agreement without notice if we determine, in our sole discretion, that your account is in violation of this Agreement, Privacy Policy, or any applicable laws and regulations.

You further agree that we have the right to suspend your account (and any accounts owned by related entities) or freeze the funds in all such accounts if we suspect any unusual activity in the account.

8. Investigations

We reserve the right to investigate and/or disclose any information as necessary to satisfy any applicable law, legal process or binding order of a government authority.

9. Description of Services

We operate an online digital asset trading platform that facilitates the buying and selling of cryptographic currency ("Digital Assets", "Cryptocurrency"). Bitior also provides fiat trading capabilities on its platform. You may use your Bitior account to place orders to buy and/or sell Digital Assets. You must register and open an account with Bitior and deposit Digital Assets prior to commencement of trading.

10. Risk Disclosure

You agree and understand that you shall access and use the Services at your own risk.

11. Fees

You agree and understand that by accessing or using Bitior, we reserve the right to adjust our service fees at any time.

12. Trademarks

"Bitior," the Bitior logo or slogan that may appear on our Services may not be copied, imitated, sold, published, or used in any capacity without our prior written consent. All logos related to Bitior are trademarks of Bitior and its licensors.

13. Discontinuance of Services

We may, with or without prior notice, modify or discontinue any portion of our Services.

14. Limitation of Liability

EXCEPT AS OTHERWISE REQUIRED BY LAW, IN NO EVENT SHALL Bitior, ITS AFFILIATES, OUR DIRECTORS, EMPLOYEES, REPRESENTATIVES, AGENTS, OR ANY Bitior SERVICE PROVIDER BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND, INCLUDING BUT NOT LIMITED TO LOSS OF USE, LOSS OF FUNDS, LOSS OF DATA, THEFT, DESTRUCTION OR UNAUTHORIZED ACCESS TO Bitior'S RECORDS OR SERVICE, EVEN IF AN AUTHORIZED REPRESENTATIVE OF Bitior HAS BEEN ADVISED THE POSSIBILITY OF SUCH DAMAGES.

15. Disclaimer of Warranties

EXCEPT AS OTHERWISE REQUIRED BY LAW, IN NO EVENT SHALL Bitior, ITS AFFILIATES, OUR DIRECTORS, EMPLOYEES, REPRESENTATIVES, AGENTS, OR ANY Bitior SERVICE PROVIDER BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND, INCLUDING BUT NOT LIMITED TO LOSS OF USE, LOSS OF FUNDS, LOSS OF DATA, THEFT, DESTRUCTION OR UNAUTHORIZED ACCESS TO Bitior'S RECORDS OR SERVICE, EVEN IF AN AUTHORIZED REPRESENTATIVE OF Bitior HAS BEEN ADVISED THE POSSIBILITY OF SUCH DAMAGES.

16. Indemnity

You agree to defend, indemnify and hold harmless Bitior, its affiliates, directors, employees, representatives, agents, from any any claims and damages, including without limitation attorney's fees or penalties arising out of your breach or violation of this Agreement.

17. Contact

If you have any questions or concerns regarding this User Agreement, please submit a ticket request here.