TERMS OF USE

PLEASE READ THESE TERMS OF USE CAREFULLY IN ITS ENTIRETY BEFORE USING THE SITE OR ANY SERVICE OFFERED THEREIN. BY USING THE SITE OR OTHERWISE ACCESSING OR USING OUR SERVICES, YOU AGREE TO THE TERMS OF USE. IF YOU DO NOT ACCEPT THESE TERMS OF USE OR ANY PROVISION HEREIN, DO NOT ACCESS THE SITE OR USE THE SERVICES.

1. ACCEPTANCE OF TERMS

These Terms of Use constitute an electronic legal binding agreement between You (hereinafter the “You”, “Your”, “Yourself” or “User”) and CreditCoin and its subsidiaries (hereinafter the “CreditCoin”). These Terms of Use apply to Your use of the www.CreditCoin.com website (the "Site") and all services provided by CreditCoin. By being a User and/or registering to use our Services (hereinafter the “Services”), You hereby accept and agree to comply with these Terms of Use. It is strongly encouraged that You carefully read these Terms of Use in its entirety before using the Site, registering to use our Service or use any of the Services offered on the Site. The User is solely responsible for complying with and understanding any and all laws, rules and regulations that may be applicable to the User relating to use of all services and content of the site.

2. SERVICES

The Services provided by CreditCoin enables its registered users (hereinafter the “Members”) to purchase digital currencies (hereinafter “Digital Currency”) listed on the Site by using the Member’s credit card or debit card and facilitates the creation of an instant Paper Wallet within the Member’s browser to hold the purchased Digital Currency (each transaction is hereinafter referred to as “Transaction”). Each time a purchase of a Digital Currency is made, the Digital Currency will be stored in a new Paper Wallet with a different private and public key (hereinafter “Paper Wallet”). A Paper Wallet is a document that contains the public and private keys that make up a wallet. It is Your sole responsibility to save, secure and store Your Paper Wallet, public key and private key in a safe place. You fully understand that CreditCoin does not have access to, does not maintain copies of and does not have the ability to recover Your private key at any point whatsoever. Your eligibility to use the Services of the Site depends on Your age, state and/or country of residence. To become a Member and use the Services, You must open an Account (hereinafter the “Account”) and get verified. By opening an Account You expressly represent and warrant that You have accepted these Terms of Use, that You’re at least 18 years of age, have the full legal capacity to accept these Terms of Use and enter into a transaction involving Digital Currency.

CreditCoin reserves the right to deny processing any pending Transaction if required by law, regulations, competent court order or other competent authority or in the event any Digital Currency Transaction is in violation of any of the provisions set forth herein.

3. RISKS

The purchase of Digital Currency involves significant risks. Prices can fluctuate on any given time and day. Due to such price fluctuations, You may experience an increase or loss in value of Your Digital Currency at any given moment. Any currency, virtual or not, may be subject to large shifts 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.

Digital Currency also has special risks not generally shared with official currencies or goods or commodities in a market. Unlike most currencies, which are backed by governments or other legal entities, or by commodities such as gold or silver, Digital Currency is a unique kind of currency, backed by technology and trust. There is no central bank that can take corrective measures to protect the value of the Digital Currency in a crisis or issue more currency.

Instead, Digital Currency is an autonomous and largely unregulated worldwide system of currency firms and individuals. Buyers put their trust in a digital, decentralized and partially anonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity.

Digital Currency trading is probably susceptible to irrational (or rational) bubbles or loss of confidence, which could collapse demand relative to supply. For example, confidence in Digital Currency might collapse as a result of unexpected changes imposed by software developers or others, a government regulation, the creation of superior competing alternative currencies, or a deflationary or inflationary spiral. Confidence might also collapse because of technical problems, for example, if the anonymity of the system is compromised, if money is lost or stolen, or if hackers or governments are able to prevent transactions from settling.

The aforementioned is not a complete list and there may be additional risks that we have not foreseen or identified in our Terms of Use.

You should carefully assess whether Your financial standing and tolerance for risk are suitable for buying Digital Currency.

CreditCoin uses banking providers in order to receive Your funds and to make payments. Our banking providers do not transfer Digital Currency, exchange Digital Currency, or provide any services in connection with Digital Currency.

CREDITCOIN DOES NOT GUARANTEE YOU ANY PROFIT FROM PURCHASING OR ANY OTHER ACTIVITY ASSOCIATED WITH THE SITE. IN LIGHT OF THE RISKS ABOVEMENTIONED, WHICH ARE NOT A COMPREHENSIVE LIST, YOU SHOULD CAREFULLY CONSIDER IF BUYING AND/OR HOLDING DIGITAL CURRENCY IS SUITABLE FOR YOU DEPENDING ON YOUR FINANCIAL CIRCUMSTANCES.

4. MAINTAINING YOUR ACCOUNT

The Site is for Your own personal and non-commercial use only. CreditCoin is vigilant in maintaining the security of the Site and the Services. By registering with CreditCoin, You agree to provide us with current, accurate, and complete information about You as prompted by the registration process and the verification process, and to keep such information updated at all times. You further agree that You will not use the Account other than for Your own use, or access the Account of any other Member at any time, or assist others in obtaining unauthorized access. The creation or use of the Account without obtaining our prior express permission will result in the immediate suspension of all said Accounts, as well as all pending purchases. 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, without derogating from any other remedy to which CreditCoin may be entitled for such a violation and CreditCoin may take further actions against You.

You may only open one Account. You are responsible for maintaining the confidentiality of Your Account information, including Your password, safeguarding Your own Digital Currency, and for all activity and Transactions that are posted to Your Account. CreditCoin may request additional information as necessary, including in the event of any suspicious activity related to Your Account, including authenticating documents, and may 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 us immediately of any unauthorized use of Your Account or password, or any other breach of security by email addressed to customersupport@creditcoin.com. Any Member who violates these rules may be terminated, and thereafter held liable for losses incurred by CreditCoin or any other user of the Site and Services.

You agree to receive emails from us.

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. In addition, You warrant not to use methods to conceal the location from which You access the Site and that You will disclose to CreditCoin Your accurate and true location. 

5. NEW ACCOUNT REGISTRATION

Use of the Site and the Services is subject to completing the initial registration process by providing accurate information and documentation, including but not limited to, Your name, federated identities (i.e., Google, Facebook, etc), e-mail address, date of birth, billing address, password, and affirming Your acceptance of these Terms of Use. The purpose of providing this information and documentation is for identity verification and the detection of money laundering, terrorist financing, fraud or any other financial crime. The aforementioned notwithstanding, CreditCoin may, in its sole discretion, at any time deny You the option to establish or maintain the Account.

You acknowledge that in addition to the above, to use its Service, CreditCoin may require that You provide additional personal information and/or documentation, which may include but are not limited to, Your residential address, telephone number, valid identification (i.e., passport, national identity card, drivers license, etc), identification number, identification expiration date and identification state/country.

You warrant that any and all of the personal information submitted as may be required, is accurate and authentic. Furthermore, You warrant to update CreditCoin with respect to any changes in or of the information submitted to CreditCoin. CreditCoin may use or transfer Your information to third party service providers for the purpose of providing You with the Services under the Site or the improvement thereof. 

You acknowledge that CreditCoin performs inquiries to verify Your personal information, whether directly or through the assistance of third party service providers in its attempt to prevent misidentification, fraud, suspicious activity or money laundering or any other forbidden activity and may take actions with respect to the outcome of such inquiries as it deems necessary. You hereby provide CreditCoin with Your authorization for such inquiries as aforementioned, including with respect to a query of Your account information.

6. SERVICE PROVISIONS

a. Refunds. You acknowledge that due to the nature of the services provided by CreditCoin, any Transactions executed are non-refundable, non-cancelable and You cannot change or reverse any Transaction which was completed or which is pending.

b. License: CreditCoin grants You with a limited, non-transferable, non-exclusive license to access and use the Site, the Services & information provided therein (the “Site Content”) subject to the Terms of Use and exclusively for Your personal use as permitted by the CreditCoin and as may be further amended by CreditCoin from time to time. CreditCoin cannot and does not guarantee the availability of the Services at all times. You acknowledge that in order to protect the Site and its operation, the CreditCoin reserves the right at all times, to delay or deny any transaction if it perceives a risk of misconduct, fraud or illegal activity, subject to CreditCoin’s sole discretion.

c. Transaction Limits.  You acknowledge that all of the following limits apply to You and that Your Account will be limited to A) Minimum $500 (five hundred US Dollars), €400 (four hundred Euros) or £350 (350 Great British Pounds) per Transaction, B) €5,000 (five thousand Euros or its equivalent in Great British Pounds) maximum in total Transactions per day, and C) €20,000 (twenty thousand Euros or its equivalent in Great British Pounds) maximum in total Transactions per month. You acknowledge that CreditCoin’s Transaction limit policies may be amended from time to time.

d. Payment Declined. CreditCoin may terminate any Transaction for payment that was declined for any reason. If possible, in the event of termination of any Transaction, CreditCoin will provide You with notification to that regard.

e. Privacy of Members Information. Provided that in the course of using the Services You are disclosed of any Member’s information, You are obligated to keep such Member’s information in strict confidence and use it in connection with the Services only. You may not disclose such Member’s information without the said Member’s prior written consent.

f. Login Information Security. Your login information and password must be kept in strict confidence at all times. Compromise of Your login information may expose Your Account to unauthorized access by third-parties. In order to receive security alerts from the CreditCoin, You must update the CreditCoin with respect to changes in Your email address and telephone number. At no event will CreditCoin be held responsible for any damages or losses which You may sustain as a result of compromise of Your Account login credentials due to no fault of CreditCoin and/or failure to follow or act on any notices or alerts that we may send to You. Any suspected compromise of Your login information should be immediately reported to CreditCoin at customersupport@creditcoin.com.

g. Site Content Accuracy. You acknowledge that the Site and any content therein, may contain errors from time to time and may not be accurate or current at all time. In addition, the Site may suffer technical errors. Without deviating from the aforementioned, CreditCoin takes reasonable measures to provide You with accurate information as possible, information may be changed or updated from time to time without notice, including without limitation information regarding our policies, products and Services. You should verify all information before relying on it, and all decisions based on information contained on the Site are Your sole responsibility and CreditCoin shall have no liability for such decisions. The Site may include links to third party materials which may be provided as a convenience but are not endorsed by the CreditCoin. You acknowledge and agree that CreditCoin is not responsible for the content or services promoted by any third party or on any third-party sites accessible through or linked to the CreditCoin Site.

h. Third Party Access. The Account is for Your own personal use. If You grant access or connect to Your CreditCoin Account, You are fully responsible for all acts or omissions of any such third party with respect to the acts or omissions of such third party using Your Account. In addition, You will hold CreditCoin harmless and will indemnify and defend CreditCoin from any liability arising out of or related to any act or omission of any third party with access to Your Account.

i. Prohibited Acts. The License granted to You for the use of the Services on the Site is subject to Your obligation not to engage in any prohibited activity. You acknowledge that CreditCoin reserves the right to review, monitor, record and/or disclose any information as may be necessary to comply with any applicable laws, regulations, legal process or governmental request. Should CreditCoin determine, in its sole discretion, that the activity on Your Account is suspicious or related to any prohibited activity or illegitimate operation, CreditCoin may cancel or suspend Your Account, block any pending Transactions and deny any new Transactions.

j. Security and Viruses. Any use of the internet may be subject to virus attack and communication failure. CreditCoin shall not bear any liability, whatsoever, for any damage or interruptions caused by computer viruses, spyware, Trojan horses, worms or other malware that may affect Your systems, computer, printer or other equipment, or any phishing, spoofing or other virus attacks. CreditCoin recommends that all Members use a reputable and available virus screening and prevention software at all times. You should also apply caution when reviewing text messages and emails purporting to originate from CreditCoin as SMS and emails are also vulnerable to phishing and spoofing and additional viruses. It is advisable that You log into Your Account through the Site only and avoid using unauthentic communication advising You options to log in. CreditCoin also recommends you to not use a shared public WiFi internet connection when making a purchase as they can be prone to security compromises and weaknesses.

7. ACCOUNT USAGE

The Services offered to Members with verified Accounts include purchasing of Digital Currency and facilitating the creation of an instant Paper Wallet to hold Your currency. CreditCoin will facilitate the creation of a paper wallet per Transaction which will contain Your public and private keys. You understand that CreditCoin does not save Your paper wallet, Your public key and private key, and it is Your responsibility to save all this information.

You understand that by not saving this information will result in losing access to Your digital currency permanently. You understand that immediately upon purchase, custody of the Digital Currency is Your sole responsibility and at no point does CreditCoin ever hold or transfer the Digital Currency on Your behalf. You understand that CreditCoin will never have custody of Your Digital Currency at any point before, during or after the Transaction.

For the purpose of executing any Transaction You guarantee to use the wallet address created by CreditCoin exclusively for You and which is under Your sole and full control to which the Digital Currency is purchased by You.

You understand that it can take up to an hour (and in some cases longer) to receive Your Digital Currency because transactions can't be verified on the blockchain until they have the proper number of confirmations, which is beyond CreditCoin's control. The transaction time is controlled solely by the blockchain of the digital currency You are depositing.

CreditCoin reserves the right to deny processing any pending Transaction if required to do so by law, regulations, competent court order or other competent authority or in the event any Digital Currency Transaction is in violation of any provision of these Terms of Use or puts Credit- Coin’s operation, good name or reputation at risk. In addition, CreditCoin may take any additional actions as available to it under any laws or regulations and these Terms of Use with respect to such Transaction. You acknowledge that CreditCoin will not be liable for any error with respect to Your purchase instructions as provided. All Transactions are pending confirmation process. Pending Transactions are considered not completed Transactions and may remain unconfirmed for the duration necessary for the confirmation of such Transaction.

a. User Content Should You upload any content on the Site, including without limitations, any text, identification pictures, or other material, You warrant that such content will not consist of: (a) false, misleading information or misappropriation; (b) copyrighted material which You are not authorized to post publicly; or (c) obscene, offensive, profane, unlawful content or any content which, subject to CreditCoin’s sole discretion, may harm or risk CreditCoin’s goodwill and reputation.

Without relieving You of Your aforementioned responsibility, CreditCoin reserves the right to remove any content which is in violation of Your responsibilities in addition to any further action which CreditCoin deems necessary. CreditCoin does not endorse or have control over any User Content, nor can CreditCoin guarantee the authenticity of any information that Users may provide about themselves, including their identity.

You acknowledge that all User Content accessed by You using our Service is at Your own risk and You will be solely responsible and liable for any damage or loss to You or any other party resulting therefrom.

b. Payment Service Providers You acknowledge that CreditCoin reserves the right to use third-party payment processing service providers to process credit or debit card payment(s) between You and CreditCoin, including but not limited to payments in relation to Your use of the Services and any Transaction executed by You. In such cases, You confirm that CreditCoin will provide certain information and/or documentation about You, including with respect to a Transaction executed by You as needed to complete the Transaction or as required under any inquiry or in the event of detection of fraud or suspicion of such.

c. Fees for Services The fees as displayed on the Site will be applicable to each Transaction You execute using the Services (the “Fees”). CreditCoin reserves the right to make adjustments to its Fees at any time and will update the Site accordingly.

8. PURCHASING DIGITAL CURRENCY

You acknowledge that to be able to purchase Digital Currency from our Site You will need to successfully register and establish Your Account. CreditCoin requires that the registration process include certain verifications.

The CreditCoin cannot guarantee that all payment methods will be available to You. The availability of each payment method depends on a number of factors, including but not limited to Your location, the identification information You have provided CreditCoin, and certain limitations imposed by third party payment processors.

CreditCoin will use reasonable efforts to deliver the purchased Digital Currency to You at the earliest possibility following the successful debit issued from Your payment method. However, You acknowledge that delivery of the Digital Currency purchased by You may be completed separately from the actual debit from Your payment method, and may take time for the Digital Currency transfer to be processed. You also acknowledge that in certain occasions, CreditCoin may not be able to fulfill Your purchase order.

9. THE PRICE

The price as displayed on the Site, will be applicable to each Transaction You execute using the Services (the “Price”). The applicable Price will be displayed prior to completing each Transaction. CreditCoin reserves the right to make adjustments to its Prices at any time as appearing on each Transaction.

Depending on Your jurisdiction, You may be eligible to buy Digital Currency through the Site Services subject to the rate assigned to any given transaction.

10. COMPLIANCE

Your use of the Service must be in compliance with all laws, regulations, anti-money laundering provisions and know-Your-customer regulations applicable to You based on Your applicable jurisdiction. It is Your exclusive responsibility to ensure that Your use of the Site and Services is compliant with the applicable laws and regulations.

You are exclusively responsible to inquire with respect to the taxes applicable to Your Transactions on the Site. CreditCoin is not and will never be deemed as providing any tax advice or consultation. It is Your responsibility to report and remit the taxes payable to the appropriate tax authorities.

You warrant that You will comply with all applicable international economic and export sanctions and any requirement therein.

11. SUSPENSION, TERMINATION, AND CANCELLATION

You acknowledge that, at any time, CreditCoin, subject to its sole discretion, will be entitled to terminate Your access to the Site and to Your Account, including without limitation, CreditCoin’s rights to: (a) refuse processing, to cancel or to reverse any Transaction of Digital Currencies, regardless if corresponding funds have been debited from Your payment method; or (b) suspend, restrict, or terminate Your Account; or (c) prohibit access to the Site and its content, tools, delay or remove hosted content and take technical and legal measures to keep users off the Site due to any reason subject to CreditCoin’s sole discretion, including without limitation as a result of: (i) Violation of these Terms of Use, including without limitations, failure to pay for any Transaction; or (ii) Attempts to gain unauthorized access to the Site or another Member’s account or providing assistance to others’ attempting to do so; or (iii) CreditCoin has reasonable suspicion that a Transaction involves illegal activity, including without limitations, money laundering, terrorist financing, fraud, or any other crime; or (iv) CreditCoin reasonably suspects that Your Account or any Transaction is related to prohibited use or is non-compliant with any applicable laws or regulations; or (v) CreditCoin is requested to do so by a court order, law enforcement or other government or regulatory order or if Your Account is subject to litigation or investigation; or (vi) subject to CreditCoin’s discretion, You abuse the Services provided by CreditCoin, including by opening multiple accounts and/or taking advantages of promotions in bad faith; or (vii) Any of CreditCoin’s third party providers denies providing You the Services; or (viii) if CreditCoin believes such Users are creating problems or possible legal liabilities; or (ix) force majeure events, including operational and technical errors.

The abovementioned notwithstanding, CreditCoin may, subject to its sole discretion terminate the Services or refuse to open any user an account or terminate any use by You of the Site.

Upon any suspension, termination or cancellation of a Transaction, CreditCoin is under no obligation to allow You to reinstate such Transaction and may not provide You the same price or same terms as any canceled Transaction. In the event Your Account is terminated by CreditCoin, CreditCoin may provide You with notice of termination. In addition, You acknowledge that CreditCoin is not obligated to disclose any findings and information acquired by CreditCoin’s security and risk management procedures.

Termination by You. You may terminate Your Account at any time. No termination fee shall apply, except that You will be responsible for fulfilling any outstanding payment obligations to CreditCoin existing as of the effective date of termination and to settle any pending Transactions. CreditCoin reserves the right to suspend any pending transactions at the time of cancellation.

CreditCoin retains information for as long as we have a business or tax need or as required under applicable laws, regulations and/or government orders. Following termination of the Account, CreditCoin endeavors to erase and discard any of Your personal information subject to the limitations and requirements under the applicable laws and regulations.

12. LIMITATIONS OF LIABILITY; RELEASE; INDEMNIFICATIONS

a. THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS, IMPLIED OR STATUTORY. CREDITCOIN SPECIFICALLY DISCLAIMS ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND/OR NON-INFRINGEMENT. CREDITCOIN DOES NOT MAKE ANY REPRESENTATIONS OR WARRANTIES THAT YOUR ACCESS TO THE SITE, THE SERVICES, OR ANY PART OR MATERIALS MADE AVAILABLE THEREIN, WILL BE ERROR FREE, CONTINUOUS, UNINTERRUPTED OR ACCURATE.

IN NO EVENT WILL CREDITCOIN, ITS AFFILIATES OR SERVICE PROVIDERS, OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, AGENTS, JOINT VENTURERS, EMPLOYEES OR REPRESENTATIVES, BE LIABLE TO YOU OR ANYONE ON YOUR BEHALF, FOR ANY INDIRECT, SPECIAL, INCIDENTAL, INTANGIBLE, OR CONSEQUENTIAL DAMAGES, INCLUDING WITHOUT LIMITATIONS, LOSS OF REVENUES OR DATA, WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, ARISING OUT OF OR IN CONNECTION WITH AUTHORIZED OR UNAUTHORIZED USE OF THE CREDITCOIN SITE OR SERVICES OR THESE TERMS OF USE. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.

CreditCoin specifically makes no warranties, representations or guarantees regarding the time required to complete processing any request provided by You, including credit cards and debit cards, which are dependent upon many factors outside of CreditCoin’s span of control. Without derogating from the aforementioned, CreditCoin makes efforts to process Your requests in a timely manner.

b. Release. Any disputes between You and any other user of the Site shall be exclusively resolved between You and such user, and You release CreditCoin, its affiliates and service providers, and each of their respective officers, directors, agents, joint ventures, employees and representatives from any and all claims, demands and damages (actual and consequential) of every kind and nature arising out of or in any way connected with such disputes.

c. Indemnifications. You agree to defend, indemnify and hold CreditCoin, its affiliates, employees, directors, representatives and Service Providers, and each of its or their respective officers, directors, agents, joint ventures, employees and representatives, harmless from any claim or demand (including attorneys' fees, damages, costs, fines, fees or penalties suffered by the CreditCoin, arising out of or related to (i) Breach by You of the Terms of Use; or (ii) Your use of the Site or Services; or (iii) any violation by You of any law, rule, regulation, or the rights of any third party.

13. MODIFICATION AND TERMINATION OF SERVICES

CreditCoin may suspend or terminate, with immediate effect, the operation of the Site or the provision of any part of the Services offered therein should such become illegal or subject to demand by any competent authority or is under any risk or exposure to any claims should it fail to do so, all subject to CreditCoin’s sole discretion and You will have no complaints or demands with that respect.

In addition, although in principle the duration of this Site is undetermined, CreditCoin reserves the right to modify, suspend or terminate the provision of any Service or content, in whole or in part, at any time and without notice to users.

CreditCoin may also change the Terms of Use of the Site or the Services offered at any time, including but not limited to a) change the prices without prior notice, b) deny selling to Users accessing the Services using anonymity tools, IP hiding and all those that hide identification and/or origin or fail to provide any documentations, c) deny selling to Users who do not demonstrate minimum trust requirements, including without limitations, trust based in implementing algorithms on the data provided by the customers and d) close the sale temporarily or permanently without notice.

Your continual use of the Services following any amendment to the Terms of Use constitutes Your acceptance of such amendments.

14. AVAILABILITY

All Services are provided without warranty of any kind, either express or implied. CreditCoin does not represent that this Site will be available at all times to meet Your needs. CreditCoin will strive to provide You with the Services as soon as practicably 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.

CreditCoin will use commercially reasonable endeavors to ensure that the Site is accessible by You in accordance with these Terms of Use. CreditCoin may suspend use of the Site for maintenance and will make reasonable efforts to give You notice, however, You acknowledge that this may not be possible in any event of emergency.

15. EXTERNAL WEBSITES

CreditCoin makes no representations whatsoever about any other websites or services which You may access through this Site. CreditCoin may present links or other forms of reference to other websites (the “External Websites”) or resources over which CreditCoin has no control. You acknowledge that CreditCoin may present such links or references to You only as a convenience and that CreditCoin does not endorse any of the External Web Site services or offerings made to You or any content provided therein. CreditCoin is not responsible for the availability of, and content provided on External Web Sites. You are requested to review the policies posted by the External Web Sites regarding privacy and other topics before use. CreditCoin 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.

16. FINANCIAL ADVICE

For the avoidance of doubt, CreditCoin does 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 Digital Currency and events that have affected the price of Digital Currency but this is not considered investment advice and should not be construed as such. Any decision to purchase or sell Digital Currency is Your exclusive decision at Your own risk and CreditCoin will not be liable for any loss suffered.

17. FINANCIAL REGULATION

Our business model and our Service consist of facilitating the selling of Digital Currency, subject to CreditCoin’s discretion, in an unregulated, international, open payment system. Despite the aforementioned, certain jurisdictions apply regulations or may apply such regulations at a later time, in which case the provision of the Services will be amended accordingly or terminated to the extent such amendments are not possible.

18. GENERAL PROVISIONS

a. Entire Agreement. These Terms of Use and the Privacy Policy incorporated by reference herein comprise the entire understanding and agreements between You and CreditCoin as to the subject matter hereof, and supersedes any and all prior discussions, agreements and understandings of any kind (including without limitation any prior versions of this Agreement), and every nature between and among You and CreditCoin. Section headings in this Agreement are for convenience only, and shall not govern the meaning or interpretation of any provision of this Agreement.

b. Relationship of the Parties. CreditCoin is an independent contractor for all purposes. Nothing in these Terms of Use shall be deemed to create between You and the CreditCoin any other form of relationship, and the parties shall not be deemed to be partners, joint ventures or agents. You are not authorized to make any obligations on behalf of CreditCoin.

c. Amendments. CreditCoin may amend or modify the Terms of Use by posting on the CreditCoin Site the revised Terms of Use, and the revised Terms of Use shall be effective at such time. If You do not agree with any such modification, Your sole and exclusive remedy is to terminate Your use of the Services. You agree that CreditCoin shall not be liable to You or any third party for any modification or termination of CreditCoin Services, or suspension or termination of Your access to CreditCoin Services, except to the extent otherwise expressly set forth herein.

d. Assignment. You may not assign any rights and/or licenses granted under these Terms of Use, the right to use the Account is exclusively Your for personal use. CreditCoin reserves the right to assign our rights without restriction, including without limitation to any CreditCoin affiliates or subsidiaries, or to any successor in interest of any business associated with CreditCoin’s Services. Any attempted transfer or assignment in violation hereof shall be null and void. Subject to the foregoing, these Terms of Use will bind and inure to the benefit of the parties, their successors and permitted assigns.

e. Severability. If any provision of these Terms of Use shall be determined to be invalid or unenforceable under any rule, law or regulation or any governmental agency, local, state, or federal, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of these Terms of Use shall not be affected.

f. Change of Control. In the event that CreditCoin is acquired by or merged with a third party entity, CreditCoin reserves the right, in any of these circumstances, to transfer or assign the information CreditCoin has collected from You as part of such merger, acquisition, sale, or other change of control.

g. Survival. All provisions of these Terms of Use which by their nature extend beyond the expiration or termination of these Terms of Use, including, without limitation, sections pertaining to suspension or termination, CreditCoin Account cancellation, debts owed to CreditCoin, general use of the CreditCoin Site, disputes with CreditCoin, and general provisions.

h. Governing Law & Abritration. These Terms of Use will be governed by laws of the state of Delaware. If You have a dispute with CreditCoin, CreditCoin will attempt to resolve any such disputes through the CreditCoin support team. In the event the parties are not able to resolve any dispute between them directly or indirectly arising of or concerning these Terms of Use, or any provisions hereof, whether in contract, tort, or otherwise at law or in equity for damages or any other relief, the parties agree shall be finally settled in binding arbitration, on an individual basis, in accordance with the American Arbitration Association’s rules for arbitration of consumer relate disputes and You and CreditCoin expressly waive trial by jury and right to participate in a class action lawsuit or class-wide arbitration. The dispute shall be resolved and conducted by a single neutral arbitrator and administered by an arbitration service selected by the parties, in a location mutually agreed upon by the parties. The arbitrator’s award shall be final, and the judgment may be entered upon it in any court having jurisdiction. If the Arbitrator decides that any provision of this “Governing Law & Arbitration” section is invalid or unenforceable, that provision shall be severed and the other parts of this section shall still apply. In any case, the remainder of this Terms of Use, will continue to apply.

i. Force Majeure. CreditCoin shall not be liable for delays, failure in performance or interruption of service which results directly or indirectly from any cause or condition beyond its reasonable control, including, but not limited to, any delay or failure due to any act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophe or any other occurrence which is beyond CreditCoin’s reasonable control and shall not affect the validity and enforceability of any remaining provisions.

j. English Language Controls. The meanings of terms, conditions and representations herein are subject to definitions and interpretations in the English language. If any translation is ever provided it may not accurately represent the information in the original English.

k. Payment Services. Payment services are provided by CreditCoin EOOD, Strelcha 4530, Pazardzhik Region Strelcha Municipality, 10 Petra Voyvoda Street, Bulgaria.

l. Contact Information. If You have any questions, feedbacks or complaints, You may contact CreditCoin at customersupport@creditcoin.com.