These Terms of Service (“Agreement”) describe the terms and conditions applicable to the services of currencies and/or Digital Assets exchange (“Services”) between Bitspace AG, legal entity duly incorporated in Swiss Confederation (“Bitspace”, “we”, “us”, “our”) and any natural person or legal entity (“Client”, “you”, “your”).
You, by using the Services provided by Bitspace on the following website: https://bitspace.ltd/ (“Website”) confirm that you have read, understood, accept and agree to follow this Agreement within all the terms and condition as specified below.
You understand that some restrictions may be applied to your use of the Services provided by Bitspace depending on your country of residence. It is your sole responsibility to comply with applicable legislation and follow the rules of your country of residence and/or country of accessing the Services via Website.
If you disagree to some or all provisions of this Agreement you shall not use the Services.
Bitspace provides a web platform that is available by technical means at Bitspace resources and allows a Client to conduct an exchange of the currency (“fiat money”) and/or electronic currency, namely Bitcoin, Ethereum, Litecoin and other (“Digital Assets”, both “Funds”) that may be purchased or sold via Bispace’s web platform available at the Website.
The Services we provide are not intended for keeping or managing either Digital Assets wallets or bank accounts/deposits.
In order to apply for the Services, the Client needs to open an account via Bitspace’s Website and agree to this Agreement. All Clients must be approved and have the account open by the Bitspace before they can use any of the Services provided by Bitspace. Bitspace has the right to unilaterally approve or reject any potential Client in accordance with its internal rules and policies. The Client understands and agrees that Bitspace is not obliged to disclose internal rues and policies to the Client and to provide any explanation and reasons for its decision.
The Client shall provide all required information and documents required by Bitspace and necessary for the provision of the Services, including but not limited to, the Client’s personal bank account and/or the Client’s personal electronic wallet and Client’s personal Digital Assets wallet. Bitspace may require the Client and the Client has obligation to provide requested additional information and documents during the account opening and after the account opening during the provision of the Services.
In case of change of information and/or documents the Client must inform Bitspace immediately.
If the Client does not provide the requested information and/or documents to Bitspace or fails to notify upon change of earlier provided information, Bitspace has the right to stop or refuse provision of the Services to the Client until the Client provides required information and/or documents or to terminate the Agreement with the immediate effect at any time unless Bitspace request is satisfied.
An account or accounts via Bitspace’s Website mean account(s) held and maintained by the Client for the specific purpose of Digital Assets exchange through the Bitspace’s web platform. The objective of the account created are bounded by the scope of the Services.
Bitspace at its sole discretion may change the currency limits intended for an exchange and other Service provision parameters. If the Client does not agree to such changes, the Client must inform Bitspace immediately and stop business relationship with Bitspace. If the Client continues to request and accept Services after such changes occur, it means that the Client has accepted changes fully and unconditionally.
The Client acknowledges and accepts, that Bitspace in all cases cannot be liable for any losses, including the loss of profits, in part or in full, resulting from not being able to receive the Services or for non-provision of the Services.
nk account, payment service provider account or Digital Assets wallet. If you fail to meet this limitation when applying for sell transaction your Digital Assets will be returned to your account’s return address. Administrative fee is charged for the returning of Digital Assets, meaning that your returning payout will be reduced with applicable administrative fee and if the administrative amount supersedes the volume of returning payout no Digital Assets will be returned. Before initiating sell transaction please check the limitations for your account.