• Bitcoin Price: $420.00
  • High: $420.00
  • Low: $420.00
  • Volume: $10500.00

TERMS OF USE

AML POLICY   COOKIE STATEMENT   PRIVACY POLICY

ACCEPTANCE OF TERMS OF USE

We encourage you to read the entire terms of use stated below. By using the website and our services you:
agree to be legally bound by these terms and conditions, AML Policy, Cookie Policy, Privacy Policy and
that you are at least 18 years old and fully understand all risks involved with trading with crypto currencies.
By using this Site, and further by registering to use our Service, you ("You, Your or Yourself") are agreeing to accept and comply with the terms and conditions of use stated below ("Terms of Use"). You should read the entire Terms of Use carefully before you use this web site ("Site") or any of the services of this Site.
As used herein, "Titanbit" refers to the company Titanbit Ltd., including without limitation thereby, its owners, directors, investors, employees or other related parties. Depending upon context, "Titanbit" may also refer to the services, products, Site(s), content or other materials (collectively, "Materials") provided by Titanbit.
The Service operated by Titanbit allows buyers ("Buyers") and sellers ("Sellers"), to buy and sell the Internet crypto currencies known as Bitcoins, Litecoins, Darkcoins, Hirocoins, Einsteinium coins, DOGE coins...
The Service operated by Titanbit also allows all registered users of the Service ("Members") to:
-transfer crypto currencies to other Members or other users of crypto currencies outside the Titanbit site.
-use crypto currencies for purchasing goods.
You may not be able to use all the functions of te Site (Depending on Your country of residence). It is your responsibility to follow those rules and laws in Your country of residence and/or country from which You access this Site and Services. As long as you agree to and actually comply with these Terms of Use, Titanbit grants to you a personal, non-exclusive, non-transferable, non-sublicensable and limited right to enter and use the Site and the Service.

DEFINITIONS

Crypto currencies: means the Peer-to-Peer internet.
Buyer(s): means Member(s) that are submitting an offer to buy crypto currencies through the Service.
Commission: refers to the fee which is payable to Titanbit on each Transaction, such as a crypto currencies Purchase Transaction.
Member(s): means Buyers and Sellers as well as any holder of an Account.
Price: means "price per coin" for which Members are willing to purchase or sell crypto currencies, using the Service in a crypto currencies Purchase Transaction. The Price may be expressed in any of the currencies deposited by Members in their account and supported by the Service. See our Site for a full list of currencies.
Seller(s): means Member(s) that are submitting an offer to sell crypto currencies through the Service.
Service(s): means the technological platform, functional rules and market managed by Titanbit Ltd. to permit Sellers and Buyers to perform purchase and sale transactions of crypto currencies.
Transaction: means (i) the agreement between the Buyer and the Seller to exchange crypto currencies through the Service for currencies at a commonly agreed rate ("crypto currencies Purchase Transaction"), (ii) the conversion of currencies into crypto currencies deposited by Members on their account ("Conversion Transaction"), (iii) the transfer of crypto currencies among Members ("crypto currencies Transfer Transaction"), (iv) the transfer of currencies among Members ("Currency Transfer Transaction") and (v) the purchase of ancillary products ("Purchase Transactions"). Titanbit may not offer all of these types of transactions at this time or in all places.
Transaction Price: means the total price paid by the Buyer in respect of each Transaction performed through the Service.

IF YOU DO NOT ACCEPT THE TERMS OF USE AND CONDITIONS OUTLINED IN THIS AGREEMENT, DO NOT ACCESS THIS SITE AND DO NOT USE THIS SERVICE.

 

By opening an account to use the Service ("Account"), You expressly represent and warrant:
1. You have accepted these Terms, AML Policy, Cookie Policy, Privacy Policy; and
2. You are at least 18 years of age and have the full capacity to accept these Terms and enter into a transaction involving crypto currencies.

If you do not agree with any of these Terms of Use please do not use this site, because by using this Site you will be deemed to have irrevocably agreed to these terms. 
Please note that these Terms of Use may be revised and reissued without notice at any time, we will upload new terms on Titanbit news site. You should visit this page regularly to review the current Terms of Use, since your continued use of the site will be deemed as irrevocable acceptance of any revisions. 
These Terms of Use were last updated on April 02, 2014.

 

LIMITED RIGHT OF USE

Unless otherwise specified, all Materials on this Site are the property of Titanbit Ltd and are protected by copyright, trademark and other applicable laws. You may view, print and/or download a copy of the Materials from this Site on any single computer solely for your personal, informational, non-commercial use, provided you keep intact all copyright and other proprietary notices.
The trademarks, service marks and logos of Titanbit and others used in this Site ("Trademarks") are the property of Titanbit and their respective owners. The software, text, images, graphics, data, prices, trades, charts, graphs, video and audio used on this Site belong to Titanbit. The Trademarks and Material should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected or distributed in any form or by any means, whether manual or automated. The use of any such Materials on any other Site or networked computer environment for any other purpose is strictly prohibited; any such unauthorized use may violate copyright, trademark and other applicable laws and could result in criminal or civil penalties.

 

TRADING RISKS

Unlike most currencies, which are backed by governments or other legal entities, or by commodities such as gold or silver, crypto currencies are a unique kind of "fiat" currency, backed by technology and trust. There is no central bank that can take corrective measure to protect the value of crypto currencies in a crisis or issue more currency. The trading of goods and products, real or virtual, as well as virtual currencies involves significant risk. Prices can and do fluctuate on any given day. Due to such price fluctuations, you may increase or lose value in your assets at any given moment. Any currency - virtual or not - may be subject to large swings in value and may even become worthless. There is an inherent risk that losses will occur as a result of buying, selling or trading anything on a market.
Crypto currencies trading also has special risks not generally shared with official currencies or goods or commodities in a market. 
Instead, crypto currencies is an as-yet autonomous and largely unregulated worldwide system of currency firms and individuals. Traders put their trust in a digital, decentralized and partially anonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity.
Crypto currencies trading is probably susceptible to irrational (or rational) bubbles or loss of confidence, which could collapse demand relative to supply. 
There may be additional risks that we have not foreseen or identified in our Terms of Use.
You should carefully assess whether your financial situation and tolerance for risk is suitable for buying, selling or trading crypto currencies.
We use our banking providers in order to receive client moneys and making payments. Our banking providers DO NOT transfer crypto currencies, exchange crypto currencies, or provide any services in connection with crypto currencies.Titanbit can regullary add new coin Markets on Exchange without any notice to the public.

 

ACCOUNT USAGE: OUR RULES

This Site is for Your personal and commercial use. We are vigilant in maintaining the security of our Site and the Service. By registering with us, You agree to provide Titanbit with current, accurate, and complete information about Yourself as prompted by the registration process, and to keep such information updated. You further agree that You will not use any Account other than Your own, or access the Account of any other Member at any time, or assist others in obtaining unauthorized access.
The creation or use of Accounts without obtaining the prior express permission from Titanbit will result in the immediate suspension of all said Accounts, as well as all pending purchase/sale offers. Any attempt to do so or to assist others (Members or otherwise), or the distribution of instructions, software or tools for that purpose, will result in the Accounts of such Members being terminated (suppressed). Termination is not the exclusive remedy for such a violation, and Titanbit may elect to take further action against You.
You also are responsible for maintaining the confidentiality of Your Account information, including your password, safeguarding your own crypto currencies, and for all activity including Transactions that are posted to Your Account. If there is suspicious activity related to your Account, we may, but are not obligated, to request additional information from You, including authenticating documents, and to freeze any transactions pending our review. You are obligated to comply with these security requests, or accept termination of Your Account. You are required to notify Titanbit immediately of any unauthorized use of Your Account or password, or any other breach of security by email addressed to support@Titanbit.net. Any Member who violates these rules may be terminated, and thereafter held liable for losses incurred by Titanbit or any user of the Site.
Finally, You agree that You will not use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, terrorist financing, or malicious hacking.

 

TERMINATION

You may terminate this agreement with Titanbit, and close your Account at any time, following settlement of any pending transactions.
You also agree that Titanbit may, by giving notice, in its sole discretion terminate Your access to the Site and to Your Account, including without limitation, our right to: limit, suspend or terminate the service and Members' Accounts, prohibit access to the Site and its content, services and tools, delay or remove hosted content, and take technical and legal steps to keep Members off the Site if we think that they are creating problems or possible legal liabilities, infringing the intellectual property rights of third parties, or acting inconsistently with the letter or spirit of these Terms. Additionally, we may, in appropriate circumstances and at our discretion, suspend or terminate Accounts of Members for any reason, including without limitation: (1) attempts to gain unauthorized access to the Site or another Member's account or providing assistance to others' attempting to do so, (2) overcoming software security features limiting use of or protecting any content, (3) usage of the Service to perform illegal activities such as money laundering, illegal gambling operations, financing terrorism, or other criminal activities, (4) violations of these Terms of Use, (5) failure to pay or fraudulent payment for Transactions, (6) unexpected operational difficulties, or (7) upon the request of law enforcement or other government agencies, if deemed to be legitimate and compelling by Titanbit, acting in its sole discretion.
We also reserve the right to cancel unconfirmed Accounts or Accounts that have been inactive for a period of 6 months or more, and/or to modify or discontinue our Site or Service. Members agree that Titanbit will not be liable to them or to any third party for termination of their Account or access to the Site.
We also reserve the right to charge an additional 2% fee/month to all Deposits (USD, crypto currencies) on Accounts that have been inactive for a period of 3 months or more.
The suspension of an Account shall not affect the payment of the commissions due for past Transactions. Upon termination (From Titanbit site), Members shall communicate a valid bank account to allow for the transfer of any currencies credited to their account. Said bank account shall be held by the Member. Crypto currencies may be transferred to a valid bank account only after conversion into a currency. Titanbit shall transfer the currencies as soon as possible following the Member's request in the time frames specified by Titanbit.
Titanbit will send to You the credit balance of Your account, however in circumstances a number of intermediaries may be involved in an European and 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. We can temporary block or remove any coin Market on Titanbit Exchange without any notice.

 

FINANCIAL ADVICE

For the avoidance of doubt we do not provide any investment advice in connection with the Services contemplated by these Terms of Use. We may provide information on the price, range, volatility of crypto currencies and events that have affected the price of crypto currencies but this is not considered investment advice and should not be construed as such. Any decision to purchase or sell crypto currencies is Your decision and We will not be liable for any loss suffered.

 

FINANCIAL REGULATION

Our business model, and our Service, consists of facilitating the buying, selling and trading of crypto currencies and their use to purchase goods in an unregulated, international open payment system. The Services we provide are currently unregulated within the UK.

 

AVAILABILITY

We may suspend use of part or whole the Site for maintenance and will make reasonable efforts to give you notice. All services are provided without warranty of any kind, either express or implied. We do not represent that this Site will be available 100% of the time to meet your needs. We 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.
We will use reasonable endeavours to ensure that the Site can normally be accessed by You in accordance with these Terms of Use. You acknowledge that this may not be possible in an emergency.

 

EXTERNAL WEB SITES

Titanbit is not responsible for third party content accessible through the Site, including opinions, advice, statements, prices, activities and advertisements, and you shall bear all risks associated with the use of such content. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature. Titanbit makes no representations whatsoever about any other Site which you may access through this Site. The Site may provide links or other forms of reference to other websites ("External Web Sites") or Resources over which we do not have control ("External Web Sites"). In such case you acknowledge that Titanbit is providing these links or references to you only as a convenience. Titanbit is not responsible for the availability of, and content provided on, third party Sites. You are requested to review the policies posted by other Sites regarding privacy and other topics before use. 

 

WIDGETS AND API

We may provide access to certain parties to access specific data and information through our API (Application Programming Interface) or through widgets. We also may provide widgets for Your use to put our data on your Site. You are free to use these in their original unmodified and un-altered state.

 

REFER FRIEND

Both you and your friend must each have at least one successful deposit of equivalent of 2 BTC. For each person introduced by you from email you will get a 10% discount on the transactional fees (for one month). You can have a maximum reduction of 0.2 fee (minimum fee allowed 0.2%). The new registered person gains a 10% reduction on transactional fees for an entire first month. 

EMAIL

Email messages sent over the Internet are not secure and Titanbit is not responsible for any damages incurred by the result of sending email messages over the Internet. You are welcome to send PGP encrypted emails to us or send us WICKR messages. The instructions and keys to do so are available upon request. 

 

JURISDICTION

The Terms of Use shall be governed and construed in accordance with English Law. The parties agree to irrevocably submit to the exclusive jurisdiction of the English Courts.

 

LANGUAGE

The entire site is in English language.

 

INDEMNITY

To the full extent permitted by applicable law, You hereby agree to indemnify Titanbit, and its partners against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred if direct or not directly arising from your use of Titanbit's Sites, Your use of the Service, or from your violation of these Terms of Use.

 

LIMITATION OF LIABILITY

Subject to the foregoing, Titanbit's aggregate liability in respect of claims based on events arising out of or in connection with any single Member's use of the Site and/or Service, whether in contract or tort (including negligence) or otherwise, shall in no circumstances exceed the greater of either (a) the total amount held on Account for the Member making a claim less any amount of Commission that may be due and payable in respect of such Account; or (b) 100% of the amount of the Transaction(s) that are the subject of the claim less any amount of Commission that may be due and payable in respect of such Transaction(s).
To the extent permitted by law, Titanbit will not be held liable for any damages, loss of profit, loss of revenue, loss of business, loss of opportunity, loss of data, indirect or consequential loss unless the loss suffered arising from negligence or willful deceit or fraud. Nothing in these terms excludes or limits the liability of either party for fraud, death or personal injury caused by its negligence, breach of terms implied by operation of law, or any other liability which may not by law be limited or excluded.

 

MODIFICATION OF TERMS

Titanbit reserves the right to change, add or remove portions of these Terms, at any time, in an exercise of its sole discretion. You will be notified of any changes in advance through News on Titanbit site. Upon such notification, it is your responsibility to review the amended Terms. Your continued use of the Site following the posting of a notice of changes to the Terms signifies that you accept and agree to the changes, and that all subsequent transactions by you will be subject to the amended Terms. Translated versions of our Terms Of Use are offered only for informational purposes, and may not always be up-to-date. In case of disagreement between the English and any translated versions of this document, the English version will be the one considered valid and definitive.

 

MISCELLANEOUS

If We are unable to perform the Services outlined in the Terms of Use due to factors beyond our control including but not limited to an event of Force Majeure, change of law or change in sanctions policy we will not have any liability to You with respect to the Services provided under this agreement and for a time period coincident with the event.

 

CONTACT US

If you have any questions relating to these Terms of Use, your rights and obligations arising from these Terms and/or your use of the Site and the Service, your Account, or any other matter, please contact support@Titanbit.net.