Bitselly Terms of Services
Terms of Services
Last Update - 10 June 2018
These Terms of Services and any terms incorporated herein (the “Terms”) apply to your (“User”) use of the “Technology platform”, including https://bitselly.com, the technology and the platform integrated therein and any applications associated therewith, which are operated and maintained by Bitselly and its subsidiaries (“Bitselly”, “We”, or “Us”). We provide you the possibility to use Our Technology Platform (“Services”) on the following terms and conditions.
1.1. “Communications” shall mean all and any communication, agreement, document, receipt, notice and disclosure, which may be from time to time addressed to User by Bitselly.
1.2. “Crypto assets” shall mean such type of assets which can only and exclusively be transmitted by means of block-chain technology, including but not limited to digital coins and digital tokens and any other type of digital mediums of exchange, such as Bitcoin, Ethereum, Ripple, etc, to the full and absolute exempt of the securities of any kind.
1.3. “Deposit/Withdrawal” of crypto assets shall mean remittance of crypto assets to/from Bitselly Account from/to external third-party service accordingly.
1.4. “Feedback” is any feedback, suggestion, idea or other information or material regarding Bitselly or our Services that you provide, whether by email, posting through our Services or otherwise.
1.5. "Force Majeure Event" shall be understood as any event beyond Bitselly's reasonable control, including but not limited to the flood, extraordinary weather conditions, earthquake, or other act of God, fire, war, insurrection, riot, labor dispute, accident, action of government, suspension of bank accounts of any kind, extraordinary leaps of the course of crypto asset, communications, network or power failure, or equipment or software malfunction or any other cause beyond Bitselly's reasonable control.
1.6. “Bitselly Account” is a User account accessible after the registration process and via the Services where crypto assets may be stored and operated by Bitselly on behalf of a User.
1.7. “Bitselly IP” shall mean all and any copyright and other intellectual property rights in all content and other materials contained on the Technology Platform or provided in connection with the Services, including, without limitation, the Bitselly name, trademark, Bitselly logo and all designs, text, graphics, pictures, information, data, software, technologies, know-hows, sound and video files, other files and the selection and arrangement thereof.
1.8. "Third-Party Content" is the content provided by third parties, including without limitation links to web pages of such parties, which may be represented on the Technology Platform.
1.9. "Third-party service" is any platform or network in which crypto assets belong to you or where you are the beneficial owner of crypto assets; and this platform is maintained by a third party outside of the Services; including, but not limited to third-party accounts.
1.10. “Trade” shall be understood as an exchange of the crypto asset of one type, owned by one Bitselly Account User, to the crypto asset of another type, owned by the same or another Bitselly account User, at the terms and conditions set forth by such exchange parties, and which is executed solely and exclusively within the Technology Platform with crypto assets deposited to those Users’ Bitselly Accounts. In no case shall the Trade be deemed or construed to be a marginal trade.
1.11. “Transfer” for the purposes herein shall mean a record of Deposit, Withdrawal and/or Trade transaction of crypto asset into, out from or at User’s Bitselly Account, which is technically executed by Bitselly in accordance with User’s Deposit/Withdrawal request or Trade order.
2. WARRANTIES, REPRESENTATIONS AND COVENANTS
2.1.It is a pre-condition that our Services are only provided to those who are permitted to enter in legally binding relationships. Therefore, if there is any reason why you are not able to enter into legally binding relationships with Us, for whatever reason - do not use our Services.
2.2. You further represent and warrant that you:
2.4. YOU INDEMNIFY AND HOLD BITSELLY HARMLESS AGAINST ANY CLAIMS, DEMANDS AND DAMAGES, WHETHER DIRECT, INDIRECT, CONSEQUENTIAL OR SPECIAL, 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, ORIGINATED FROM OR IN ANY WAY CONNECTED WITH INVALIDITY OR BREACH OF ANY OF THE WARRANTIES, REPRESENTATIONS AND COVENANTS OF THIS SECTION AND THE ENTIRE TERMS.