Terms & Conditions
These Terms and Conditions (the ‘Terms’) set out the conditions under which Bitworld Capital Exchange Limited, a company incorporated under the laws of United Kingdom (hereinafter, ‘Bitworld Capital Exchange Limited’) offer you use of the baybit.io Website at https://www.baybit.io.com (the ‘Site’ or ‘Website’) and access to the baybit.io Platform (the ‘Platform’). Please read these Terms carefully and do not use the Site or the Platform unless you accept them.
Furthermore, the following terminology applies to these Terms and Conditions and any or all Agreements: ‘Client’, , ‘You’ and ‘Your’ refers to you, the person accessing this website and accepting the Company’s terms and conditions. ‘The Company’, ‘Ourselves’, ‘We’ and ‘Us’, refers to baybit.io. ‘Party’, ‘Parties’, or ‘Us’, refers to both the Client and ourselves, or either the Client or ourselves. All terms refer to the offer, acceptance and consideration of payment or fees necessary to undertake the services provided by baybit.io and its’ associated Platform.
baybit.io and its associated Platform facilitates a service whereas registered members can exchange fiat currency for virtual currency and virtual currency for fiat currency.
By using any of the functions provided by the baybit.io Site or Platform, you are deemed to have read, understood and accepted all of the following terms & conditions. In addition, by making transaction baybit.io Platform:
- you have accepted these Terms; and
- you are confirming that you are at least 18 years of age and have the full capacity to accept these Terms and enter into a transaction as a result of using the baybit.io Platform
- you agree only to make transaction with legally obtained funds that belong to you
- you agree to take full responsibility for your selling and buy actions
- you confirm the details provided upon selling/buying process are true and accurate
- you are prohibited to use the Site with unlawful aims including laundering of money derived from criminal activity, financing of terrorism and involvement in extremist activity.
- you are obliged to go through the identification process established by the System or third parties during the Deal-making process as well as fulfill the requirements stipulated by UK law in the field of counteraction of laundering (legitimization) proceeds of crime.
- in case your transaction is flagged as suspicious you are obliged to wait to verification process is complete
- you accepted Buying cryptocurrencies and Selling cryptocurrencies Terms
The market rates of the cryptocurrencies fluctuate; the values vary at any given moment. Bitworld Capital Exchange Limited does not guarantee the future value of any cryptocurrency in any way.
Bitworld Capital Exchange Limited uses current market rates. These can vary at any given moment.
Always enter your own address when buying cryptocurrencies. By entering an address that is not your own, you do so entirely at your own risk.
A processed payment is not reversible. It is your own responsibility to enter in all the required information correctly.
In the event of suspicion of abuse or fraud, Bitworld Capital Exchange Limited reserves the right to suspend transactions until the legitimacy of the transaction has been verified.
The market rates of cryptocurrencies fluctuate; the value can vary at any given moment Bitworld Capital Exchange Limited uses the current rate at the time of payment. This may differ from an indication given previously.
The coins must be received within 15 minutes after the offer. If not, they will be returned and no pay-out will take place.
Pay-out takes place automatic. Payment arrival time depend on you choose of payment method.
Providing the correct information for receiving pay-outs is your own responsibility. Any damages incurred as a result of the incorrect entering of this information will not be compensated by Bitworld Capital Exchange Limited.
You declare that the coins you are offering have been legitimately acquired and that no input tax has been deducted from them.
You declare to be the owner of the bank account or another payment method account provided by you and to have truthfully entered all the required information.
In the event of suspicion of abuse or fraud Bitworld Capital Exchange Limited reserves the right to suspend transactions until the legitimacy of the transaction has been verified.
You must send the coins to the address specified by us. We will transact your pay-out as soon as possible after we have received all confirmations and all the coins.
A processed payment is not reversible. It is your own responsibility to enter in all the required information correctly
Persons located in certain territories territories and the countries specified as prohibited, excluded or similar as part of the terms and conditions and/or list on the website, in each case as supplemented from time to time are not permitted to use the website, with the exception of withdrawing any funds directly to the account owner. To remove any doubt, this restriction also applies to residents and citizens of other nations while located in a prohibited jurisdiction. The fact that the website is accessible in a prohibited jurisdiction, or that the website allows the use of the official language of a prohibited jurisdiction, shall not be construed as a license to use the website in such prohibited jurisdiction. any attempt to circumvent this restriction, for example, by using a vpn, proxy or similar service that masks or manipulates the identification of your real location, or by otherwise providing false or misleading information regarding your citizenship, location or place of residence, or by using the website through a third party or on behalf of a third party located in a prohibited jurisdiction is a breach of this agreement. If it becomes apparent, or we have reasonable grounds to suspect, that you are located in any of the prohibited jurisdictions, this may result in ending your transaction, without an obligation to provide you with advance notice, all in accordance with applicable laws and agreements.
Changes to Terms
‘Bitworld Capital Exchange Limited’ reserves the right, at its sole discretion, to change, add or remove portions of these Terms, at any time. Such notification will be made via the Website. It is your responsibility to review the amended Terms. Your continued use of the Website and Platform following the posting of changes will mean that you accept and agree to the changes and you agree that all subsequent transactions by you will be subject to these Terms.