Any use of this website is deemed as your acceptance of our Terms and Conditions of Use, and all applicable laws and regulations. If you do not agree with this you are prohibited from using or accessing this website and your only recourse is to stop using the website. These Terms and Conditions of Use may be modified and amended from time to time, so you should check them each time you use this website. Please read the section on Legalese to see the definitions of any terms that might confuse you.
- What you warrant:
By using the Website, you represent and warrant the following:
That you are trading only between you and BlockTrades, and NOT to any third party.
That you are trading with legally-obtained funds that belong to you.
That you are at least 18 years old and have full capacity to contract under applicable law.
That you are comporting with and obeying all applicable laws.
That you are not furthering, performing, undertaking, engaging in, aiding, or abetting any unlawful activity through your relationship with us or through your use of BlockTrades.
- You also warrant that you are not from a Prohibited Jurisdiction:
It is prohibited to use or access BlockTrades from the following jurisdictions:
New York and
Balkans, Belarus, Burma, Cote D'Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Lebanon, Liberia, Libya, North Korea, Sudan, Syria, Somalia, and Zimbabwe
Transactions from Users in these jurisdictions are prohibited, and BlockTrades may seize any funds from Users in these jurisdictions and donate them to a charity at BlockTrades’s sole discretion. By accessing this site or any services therein, you represent and warrant that you are not physically located in these prohibited jurisdictions.
- Your trades are NOT Private (Privacy Statement):
When you choose to trade on any BlockTrades site, you are trading directly with BlockTrades International Ltd., a Cayman Islands company. We collect all relevant information and comply with all law enforcement requests and all legal requests.
All trades are performed on public blockchains and should be considered public transactions. Transactions to and from BlockTrades are public and easily correlated. Law enforcement has full access to blockchain information that goes in or out of BlockTrades’system.
- Prices, Exchange Rates, and Confirmations
BlockTrades trades digital assets for their own account. The estimated prices provided by our website for potential trades are based on the particular pair of cryptocurrencies, the stated amount of the proposed trade, and that particular point in time. The price we can offer is highly volatile and can change quickly. The price that you receive is calculated at the time your payment has sufficiently been confirmed into a blockchain such that our system considers the transaction irreversible, not when we first see the transaction.
Changes in the amount of the proposed trade can radically effect the price. If you send in an amount that is smaller than the normal transaction fees imposed by the relevant block chains, then you will not receive a pay out. If you send in a much larger trade than the proposed trade, you may receive a worse rate of return. If you send in a trade that exceeds the maximum recommended amount, then BlockTrades may not have enough of the desired cryptocurrency to immediately complete the trade, in which case we reserve the right to process your trade at a later time or refund the funds you sent.
- Returns and Refund Policy:
Cryptocurrency transactions are, by their nature, generally irreversible, and their exchange rates are highly volatile and transitory. For these reasons, customers may only receive a refund if BlockTrades has not yet sent or transmitted the User’s asset to the User’s address. Once the User’s asset has been transmitted to the User’s address, no refund is possible, even if the wrong address was provided to BlockTrades. All sales after transmission are final.
- Limitations and Warranty Statement:
Use of BlockTrades may carry financial risk, and is to be used as an experimental software utility only. We disclaim any and all warranties or guarantees, including any warranty of merchantability and warranty of fitness for any particular purpose.
In no event shall BlockTrades be liable or responsible for any damages, claims, applications, losses, injuries, delays, accidents, costs, business interruption costs, or other expenses (including, without limitation, attorneys’ fees or the costs of any claim or suit), nor for any incidental, direct, indirect, general, special, punitive, exemplary, or consequential damages, loss of goodwill or business profits, loss of cryptocurrency or digital assets, work stoppage, data loss, computer failure or malfunction, or any other commercial or other losses directly or indirectly arising out of or related to: our Terms and Conditions of Use; the Privacy Statement; any service of BlockTrades; the use of BlockTrades; any use of your digital assets or cryptocurrency on BlockTrades by any other party not authorized by you (collectively, all of the foregoing items shall be referred to herein as “Losses”). BlockTrades is hereby released by you from liability for any and all Losses. The foregoing limitations of liability shall apply whether the alleged liability or Losses are based on contract, negligence, tort, strict liability, or any other basis, even if BlockTrades has been advised of or should have known of the possibility of such losses and damages, and without regard to the success or effectiveness of other remedies. Notwithstanding anything else in our Terms, in no event shall the combined aggregate liability of BlockTrades for any Loss here under exceed US$50.00.
- Governing Law
These Terms are governed by the laws of the Cayman Islands, and any and all laws applicable therein.
- Termination of Access
We reserve the right to terminate your access to BlockTrades for any reason, including but not limited to breaches of our Terms and Conditions, in our sole and absolute discretion. Use of BlockTrades is void where prohibited by applicable law.
- Legalese
The following terminology applies to these Terms and Conditions of Use (our “Terms”), the Privacy and Transparency Statement, and any and all other agreements between you and us:
“Client,” “Customer,” “User,” “You,” and “Your” refers to you, the person accessing the BlockTrades web site and accepting our Terms.
“BlockTrades,” “Website,” “We,” and “Us” collectively refers to the Internet website BlockTrades.us and to its owners, operators, employees, directors, officers, employees, agents, insurers, suppliers, and attorneys.
“Party” refers to either you or us.
In these Terms, unless otherwise specified, words importing the singular include the plural and vice versa and words importing gender include all genders. “Digital asset,” “asset,” “coin,” “cryptocurrency,” “altcoin,” and “token” refer to blockchain-based software ledger data entries.