Service Terms

Last modified: April 9, 2024

By using the bitsec.com website and Bitsec Account and Bitsec Crypto Services, you agree to be bound by the following terms of service (the "Terms"). The Terms apply to all features provided by your Account, both now and in the future. Located in Ilno, Switzerland, Bitsec Ltd (“We”, the “Company”) operates the Services. You may use your Account or the Services by registering an Account, keeping an Account open (not deleted by you or not deleted or deactivated by Bitsec), accessing our website or mobile/desktop applications, or using our crypto-based services. Please read these Terms carefully before you use your Account or the Services. By using your Account or the Services, you are agreeing to be bound by these Terms. You may not use your Account or the Services if you do not agree to these Terms. These Terms apply every time you use your Account or the Services.

If you are agreeing to these Terms on behalf of a company or another legal entity, you represent that you are authorized to bind such entity, its affiliates, and all users who access the Services through your Account to these Terms. In the absence of such an authority, you are not authorized to use the Services.

1. Users of the Services

The Services are provided exclusively to individuals who are at least 13 years of age, and even then, only to minors who have obtained parental or legal guardian consent to open and maintain an Account.

The Services are provided exclusively to persons or legal entities. Accounts registered by “bots” or automated methods are not authorized and will be terminated.

Each user is solely responsible for all actions performed through the Services.

2. Authorized use of the Services

You agree not to use your Account or the Services for any illegal or prohibited activities. Unauthorized activities include, but are not limited to:

Disrupting the Company’s networks and Servers in your use of the Services;
Accessing/sharing/downloading/uploading illegal content, including but not limited to content related to illegal activities;
Infringing upon or violating the intellectual property rights of the Company or a third party;
Harassing, abusing, insulting, harming, defaming, slandering, disparaging, intimidating or discriminating against someone based on gender, sexual orientation, religion, ethnicity, race, age, nationality or disability;
Promoting illegal activities or providing instructional information to other parties to commit illegal activities;
Engaging in spam activities;
Sending junk mail or mailing list emails that contain persons that have not specifically agreed to be included on that list;
Attempting to access, probe, or connect to computing devices without proper authorization (i.e. any form of unauthorized “hacking”);
Referring yourself or another one of your accounts to unduly benefit from our referral program’s advantages.

Any Account found to be committing the listed unauthorized activities will be immediately suspended.

The Company may also terminate Accounts which are being used for illegal activities that are not listed above, particularly in response to orders from the competent authorities informing of such illegal activity.

3. Inactive Accounts

The Company reserves the right to suspend or delete free Accounts that have been inactive for a consecutive period of 12 months and/or part or all of their associated data and content according to this section.

If you have been inactive on your free Account for a consecutive period of 12 months or more, access to your Account and all or part of the data associated with your Account (including but not limited to files stored on Bitsec Drive) may be deleted. You will receive notices 30, 15 and 7 days in advance before such action is taken on the recovery email associated with your Account.

4. Limited warranties and liability

We disclaim all warranties, express or implied, including but not limited to the implied warranties of title, non-infringement, merchantability, and fitness for a particular purpose. We do not warrant that the Services will be uninterrupted, error-free, or secure. We do not warrant that the Services will be compatible with any software, hardware, or network systems.

Under no circumstances shall the Company be liable for any damages, including but not limited to direct, indirect, consequential, punitive, or incidental damages, or for any lost profits, business interruption, or loss of data or information, even if the Company has been advised of the possibility of such damages. This limitation on liability shall apply regardless of the form of action.

5. Termination of Account

The Company may terminate your Account at any time without notice and without incurring any liability or obligation to you or to any third party. Upon termination of your Account, your access to the Services will be terminated and you will no longer be able to access your Account or use the Services.

You may also terminate your Account at any time by contacting the Company's support team. Upon termination of your Account by you, you will no longer be able to access your Account or use the Services.

6. Entire Agreement

These Terms constitute the entire agreement between you and the Company with respect to the subject matter hereof and supersede all prior or contemporaneous agreements or understandings, whether written or oral.

No waiver of any provision of these Terms will be deemed a waiver of any other provision or of any subsequent breach of any provision. You agree that if any provision of these Terms is held to be invalid or unenforceable, such provision will be severed and the remaining provisions will remain in full force and effect.

7. Changes to the Terms

The Company reserves the right to modify these Terms at any time without notice and without incurring any liability or obligation to you or to any third party. Your continued use of the Services after a modification has been made constitutes acceptance of the modified Terms.