TERMS AND CONDITIONS

These Terms of Use are the contract between ipaytoken and/or its subsidiaries (the “Company”) and the users of the Site www.ipaytoken.com (“Website”). This website and its related services are owned and operated by ipaytoken. By using the website www.ipaytoken.com, and further by registering to avail the services offered by the website, you are hereby agreeing to accept and comply with the terms and conditions of use stated below (“Terms of Use”). You should read, agree, and accept the entire Terms of Use prior to your use of this website or any of the service. If You do not agree to any term of these Terms of Use, You are required not to use the Site and the services.
The services allow all registered users to post offers to either buy or sell Buy and Store bitcoins as further specified under these Terms of Use.
Services

      • Create offers to either buy or sell bitcoins
      • Buy   bitcoins.
      • Sell  bitcoins.
      • Transfer bitcoin to other members outside the website.
      • Send and receive bitcoins.
      • Store bitcoins.

User Account:

By registering with us through the website, an account will be created for your use on the website and you will be provided with required Account Information to enable your access to the account. In order to access any services, you must activate your account by following the identity verification process as you agree to provide company with current, accurate, and complete information about yourself, and to keep such information updated. Failure to complete the user account activation process as per the specified process will entitle the company to terminate the said user account.
You further agree that you will not use any Account other than your own, or access the account of any other member at any time, or assist others in obtaining unauthorized access.
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, in addition to ipaytoken, at its sole discretion, initiating any civil or criminal legal action against you and such others.
You are also responsible for maintaining the confidentiality of your account information, you must always treat account Information including your password, safeguarding your own bitcoin, and transactions that are posted to your account as confidential and must not disclose it to any third party. If there is suspicious activity related to your account, we may, but are not obligated, to request additional information from you, including authenticating documents, and to freeze any transactions pending our review. You are obligated to comply with these security requests, otherwise ipaytoken, at its sole discretion, may choose to terminate your account.
You are at least 18 years of age and have the full capacity to accept these Terms of Use and enter into a transaction involving bitcoin.

Identity verification

To comply with KYC recommendations, we require our clients to verify their identity by providing any  scanned copies of the following documents.

      • Driving License
      • Government issued ID card
      • Passport
 ipaytoken  may use your personal information and the company shall be free to transfer/ disclose any information shared by you with the company, to a related party or to an affiliate or to any entity providing services to the company. We may also transfer your information during sale of assets or business to another company.

      • To identify you
      • To process transactions.
      • To send periodic emails with updates, promotions, company news, and notices regarding changes to policies.
      • Customize, measure, and improve ipaytoken Service and the content and layout of our website and applications.
      • To analyze use of the website.
      • Prevent potentially prohibited or illegal activities.

Taxes

It is your responsibility to determine, collect, report, and submit any taxes applicable to the payments you make or receive in connection with the use of the Website and the Service to the appropriate tax authority. ipaytoken is not responsible for determining whether taxes apply to your transaction, or for collecting, reporting or remitting any taxes arising from any transaction.

Risks

The use of the Website and the Service may entail the following risks:
Bitcoin transactions are technically irreversible. If you deactivate or delete your own wallet, you lose your bitcoin in it and the same cannot be restored. The bitcoin wallet address provided to you by ipaytoken is only a way for you to deposit and receive bitcoin into your ipaytoken wallet. Outgoing  transactions from these bitcoin wallet addresses will not be related to you or to your ipaytoken  account. When you send out bitcoin from ipaytoken wallet to other bitcoin address, the “From” address for such transaction will be a temporary address and it won’t be same as the bitcoin wallet address provided to you. If there are any chances of reversals or pay-back for a bitcoin transaction you initiated from ipaytoken, it will be your responsibility to explicitly provide your bitcoin address provided by ipaytoken to receive such bitcoin payment. Any bitcoin that is not sent to your ipaytoken provided wallet address cannot be claimed to be from you.
The value of bitcoin is very volatile on a minute to minute basis. The price of Bitcoin is not set or regulated by any central or governmental authorities. There is an inherent risk that losses will occur as a result of buying, selling or trading in bitcoin and you may sustain a total loss of your Funds.
Bitcoins are not backed by a central bank or any other financial regulator or commodities and unregulated worldwide system of value transfer between individuals.

Limitations on access of ipaytoken services

      • ipaytoken offers a platform for trading in Bitcoin. The service operated by the platform allows buyers and sellers, to buy and sell bitcoins. We facilitates the trading in Bitcoin by users on the ipaytoken platform, and does not engage in such trading itself, or buy or sell any Bitcoin for its own account or for its own benefit. ipaytoken has no control over the market volatility of  Bitcoin.
      • ipaytoken does not provide any warranty of any kind, We do not guarantee that your use of the website, will always be available or be uninterrupted. We may suspend, withdraw, discontinue or change all or any part of the Site without notice.
      • It is possible that the laws in the country where the user resides do not allow the usage of an online tool with the characteristics of digital currency or any of its features. We do not encourage the violation of any laws and cannot be held responsible for violation of such laws. It is your responsibility to follow the laws of your country of residence and/or country from which you access this Website and the Service.

Limited Right of Use

All materials on this website are the property of the company and are protected by copyright, trademark, and other applicable laws.
The trademarks, service marks, and logos of ipaytoken and others used in this website are the property of the company and their respective owners. The software, data, images, graphics, graphs, text, charts, prices, trades, video and audio used on this website belong to company. The use of any such materials on any other website or networked computer environment for any other purpose is strictly prohibited. Any such unauthorized use may violate copyright, trademark, and other applicable laws and could result in criminal or civil legal actions and penalties.
Our website may contain links to third-party web sites or services that are not owned or controlled by the Company. The Company has no control and no responsibility for the content, privacy policies of any third party web sites or services. You further acknowledge and agree that the Company shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of any such content, goods or services available on or through any such web sites or services. We strongly advise you to read the terms of use and privacy policies of any third party websites or services that you visit.

Termination

You may terminate this agreement with Company, and close your account at any time, following settlement of any pending transactions.
We may  terminate your access to the website and to your account in our sole discretion, immediately and without prior notice; including without limitation, suspending or terminating the service and members’ accounts, prohibiting access to the website and its content, services and tools, delaying or removing hosted content, and taking technical and legal actions to keep members off the website if we reasonably perceive that such members are creating any problems, including without limitation, possible legal liabilities, infringement of the intellectual property rights, or acting inconsistently with the letter or spirit of these Terms of Use. We hold the right to retain your funds if we have evidence of malicious behavior or failure to comply with the Terms of Use.
Notwithstanding the above, we may, in appropriate circumstances and at our sole discretion, suspend or terminate accounts of members for any reason, including without limitation
(1) Attempts to gain unauthorized access to the website or another member’s account or providing assistance to others’ attempting to do so.
(2) Overcoming software security features limiting use of or protecting any content.
(3) Usage of the service to perform illegal activities such as money laundering, illegal gambling operations, financing terrorism, or other criminal activities.
(4) Violations of these Terms of Use.
(5) Failure to pay or fraudulent payment for transactions.
(6) Unexpected operational difficulties.
(7) Upon the request of law enforcement or other government agencies, if deemed to be legitimate and compelling by ipaytoken, acting in its sole discretion.
We also reserve the right to cancel unverified accounts or accounts that have been inactive for a period of 6 months or more, and/or to modify or discontinue our website or service. Members agree that ipaytoken will not be liable to them or to any third party for termination of their account or access to the website.

Assignment

You acknowledge and agree that the company can freely assign these Terms of Use or any of its rights under these Terms of Use to any person without your consent. You shall however, not be entitled to assign these Terms of Use, in whole or in part, to another person without the prior written approval of the company.

 JURISDICTION, TERRITORIAL LIMITATIONS & SEVERABILITY

 These Terms and your use of the Website and Services shall be governed by and construed in accordance with United States Law. Any dispute arising in connection with these Terms or your use of the Website or Services will be resolved exclusively in the courts of the United States. Nothing in these Terms shall be deemed to affect your statutory rights under United States law
 If any part of these Terms is held by any court of United States to be invalid or unenforceable in whole or in part, the validity or enforceability of the other sections of these terms and conditions shall not be affected. Any headings contained in these Terms are for informational purposes only and are not enforceable provisions of these Terms

Financial Advice

We do not provide any investment advice in connection with the service contemplated by these Terms of Use. We may provide information on the value of bitcoin, and events that may affect/have affected the value of bitcoin, this is not considered investment advice and should not be construed as such. ipaytoken will not be liable for any loss suffered by you in connection with any transaction involving bitcoin.

Modification of Terms

ipaytoken reserves the right to change, add or remove portions of these Terms of Use, at any time, in an exercise of its sole discretion. You will be notified of any changes in advance. Upon such notification, it is your responsibility to review the amended Terms of Use. Your continued use of the website and service following the posting of a notice of changes to the Terms of Use signifies that you have accepted and agreed to such changes, and that all subsequent transactions by you will be subject to the amended Terms of Use.

FORCE MAJEURE

If by reason of any Force Majeure Event, either you or ipaytoken is delayed or prevented from complying with any of these Terms, then such delay or non-compliance shall not be deemed to be a breach of these Terms and no loss or damage shall be claimed by you or ipaytoken by reason thereof.

Contact Us

If you have any questions about this Privacy Policy, please contact us at support@ipaytoken.com