We aim to provide you with an accessible and affordable cryptocurrency exchange platform to exchange your cryptocurrency and make an investment in cryptocurrency from the convenience of your phone, tablet or computer.
BEFORE USING THIS PLATFORM, YOU ARE OBLIGATED TO READ THE FOLLOWING TERMS AND CONDITIONS (“Terms”) CAREFULLY. YOUR USE OF THIS PLATFORM IS GOVERNED BY THE TERMS. YOUR OMISSION TO READ THE TERMS OR ANY PART THEREOF SHALL NOT EXCUSE YOU FROM YOUR LEGAL LIABILITIES ARISING FROM THE TERMS. IF YOU PROCEED TO use THIS PLATFORM, WITH OR WITHOUT READING THE TERMS, THE SAME SHALL BE DEEMED THAT YOU HAVE READ AND ACCEPTED THE TERMS AND HAVE THE KNOWLEDGE OF ALL OR ANY INHERENT RISKS IN THE USE OF THE Coinsmat AND ASSUME THE SAME. THEREFORE, IF YOU DON’T AGREE TO ANY PROVISION OF THE TERMS, YOU MUST NOT USE THIS Coinsmat.
“Coinsmat”, “We” “Us” and “Our” refer to Coinsmat LTD.
“User” “you” or “your” refer to you, visitor or user of this Platform.
“Platform” or “Website” refers to the website https://coinsmat.com.
“Services” mean all services available on this Platform.
“Our Content” refers to any text, applications, tools, program, information, images, or layout uploaded or made available on this Platform.
“Price” means the price of Cryptocurrency Unit excluding the Service Charges.
- NATURE OF CRYPTOCURRENCY AND INHERENT RISKS:
Dealings in cryptocurrencies involve significant risk. Thanks to its fragile market, Prices of cryptocurrency can and do fluctuate frequently. Such fluctuations in price may increase or decrease the value of your investment in the cryptocurrency at any given time. The cryptocurrency may be subject to large swings in value that may result in making it completely worthless. There is an inherent risk of losses while buying, selling or trading cryptocurrency.
The cryptocurrencies are not backed by government guarantees and are not regulated and monitored by any central authority. These features of cryptocurrency make it depend purely on market condition. Cryptocurrency investors gain and lose due to the same features.
The cryptocurrency investment is often vulnerable to irrational (or rational) bubbles or loss of confidence, which may decrease demand. At times, the confidence of the cryptocurrency investors might collapse due to unexpected changes imposed by developers or others, a government ban, the invention of superior competing products, or a deflationary or inflationary spiral.
You are solely responsible for all kind of risks associated with cryptocurrency investment. If your financial situation doesn’t allow surviving a loss, please reconsider your decision.
We use our third-party funder transfer service providers in order to receive and transfer funds and make payments. Such third party providers have nothing to do with cryptocurrencies.
- USER ELIGIBILITY:
To use or access this Website requires you to qualify eligibility criteria. The eligibility criteria provide that:
- You must be over the age of eighteen (18) years and have mental capacity and conditions required to use this Website and make cryptocurrency investments;
- All information you provided us with reference to your User Account is truthful, current and complete, and you agree to keep them updated;
- Your use of this Website or of any services offered thereby does not violate any applicable law or regulation; and
Any violation of the above eligibility condition shall entitle us to terminate or suspend your User Account in our sole discretion without any liability in connection with the funds, user account or any potential profitability.
- CRYPTOCURRENCY INVESTMENT:
This Website provides you with the opportunity to invest in cryptocurrencies. Currently we offer package from range $10 to $10,000 for 250 Business Days (excluding Saturday and Sunday). (“Investment Term”). It means that you cannot withdraw your funds for specified days to earn the profit. The profit is not fixed and depends heavily on market fluctuation. This Website provides you with three types of system including Refer Commission, Daily Reward Bonus and Network Sharing Bonus on investment. Refer Commission earn you profit when you refer new customers to buy a package through this Website using your referral link. Daily Reward Bonus creates profit for you on the basis of the price fluctuation of cryptocurrency which can be varied from day to day. In case of Network Sharing Bonus, being a paid User, if you complete your goal plan through your referral link, then you will get a specified percentage of investment made by every person referred by you in your downline network. All withdraws requested by you will be sent within 24-48 hours.
- PRICE, REFUNDS AND TAX LIABILITIES:
All payments with reference to the cryptocurrency investment are payable either in US Dollars or Bitcoin using Bitcoin,Perfect Money,From Balance, as payment methods. You are liable to pay all applicable taxes and fund transfer charges. You cannot make any refund requests before the expiry of Investment Term. For details, please check our Refund Policy.
- DELAY, INTERRUPTION, AND NON-AVAILABILITY:
At times, our services may be slow, interrupted or unavailable due to periodical and urgent maintenance work, or some accidental circumstances. We are not responsible for any loss or damage caused by any delay, interruption, and non-availability of this Website or any services provided through this Website. However, the refund claims are governed in accordance with our refund policy.
- REGISTRATION AND USER ACCOUNT:
- CRYPTOCURRENCY TRANSFERS:
This Website allows you to transfer your cryptocurrency from your account to another User’s account. While transferring the cryptocurrency, you will be responsible to pay the service charges that will be deducted from your account automatically. We own no liability for any breach of terms and conditions governing the user-to-user transfer of cryptocurrency that the contracting parties agreed to.
We use our best efforts to ensure that our Users comply with applicable laws, rules, regulations, and Terms. We don’t have a background audit system that keeps scrutinizing the User data, but we cannot guarantee that the Users on this Website are authentic and trustworthy. You are solely responsible to ensure that you are dealing with a trustworthy user. You are encouraged to report us in case you find any person is engaged in fraudulent activities.
- THIRD PARTY CONTENT:
This Website may contain links to the third-party website, resources or content owned and controlled by any third party (“Third Party Content”). This Website provides such Third Party Content for your convenience or information. We don’t control Third Party Content and will have no liability to that effect. You are strongly advised to read their policies and determine the potential risks before using or relying on such Third Party Content.
- LIMITATION OF LIABILITY:
We are not financial and banking service providers but a technology company that provides its technology-based products, cryptocurrency, including this Website to be used by the Users. We cannot be responsible to provide you with the financial, banking and investment-related advice.
Subject to the User Agreement, you acknowledge that you are using this Website and any of the services offered hereby at your own risk.
Subject to the applicable law, we provide this Website and any services available on this Website on “as-is” basis and own no liability for:
- Any accuracy, timeliness, reliability, and completeness of the services available on this Website or any information or data transmitted, exchanged, shared, sent, received, or used through this Website;
- Any act of omission or commission committed by any other User or third party; and
- Any viruses, Trojan horses, worms or any other harmful programs that may enter your computer/device by downloading data, app/software, or other materials from this Website.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, Coinsmat OR ITS OWNERS, AND DIRECTORS, CONTRACTORS, SUPPLIERS, PROVIDERS, EMPLOYEES (“OUR AFFILIATED PARTIES”) ARE NOT LIABLE FOR ANY DIRECT OR INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES IN ANY FORM OF ANY KIND.
OUR AFFILIATED PARTIES ARE NOT LIABLE FOR ANY LOSS OF PROFITS OR REVENUE, OR COST INCURRED BY YOUR ACCESS TO OR USE OF OR INABILITY TO ACCESS OR USE OF THE Coinsmat OR OUR SERVICES WHETHER DUE TO ANY OF OUR AFFILIATED PARTIES OR ANY THIRD PARTY OR ANY PERSON OR ENTITY ON THE BEHALF OF OUR AFFILIATED PARTIES OR ANY THIRD PARTY.
YOU ACKNOWLEDGE THAT IN NO EVENT SHALL OUR AFFILIATED PARTIES’ LIABILITY UNDER THESE TERMS EXCEED THE AMOUNT PAID BY YOU FOR TRANSFER OR WITHDRAWAL CHARGES.
You agree to defend, indemnify and hold Our Affiliated Parties harmless from any and all claims, demands, actions, suits, proceedings, losses, liabilities, damages, expenses and costs, including reasonable attorneys’ fees arising from or related to breach of any provision of these Terms or any infringement of rights, or any dispute between you and any third party.
You acknowledge that the use of this Website and any Services poses certain risks and limitations, and we have explained it to you and will have no further liability to that effect.
- PROHIBITED USES:
We request you to use the Website and services only up to the permitted extent only. Please ensure that you are in compliance with the following:
- You must not commit a material breach of the User Agreement and data protection law.
- You must not misuse our Website by introducing viruses, Trojans, worms, logic bombs or other material which is malicious or technologically harmful to this Website, any server of the service provider. You must not attempt to gain unauthorized access to this Website, the server on which our Website or related materials are hosted or any server, computer or database connected to the Website.
- You must not attack our Website or app via a denial-of-service attack or a distributed denial-of-service attack.
- You must not engage in, commit or promote any fraudulent activity on or through this Platform.
- MODIFICATIONS AND TERMINATION:
We reserve the right to:
- Add, modify, change, improve, amend or/and alter any content on or feature, function, a method of use, the method of registration, or operation of the Website, and the terms and conditions, with appropriate notice; and/or
- Service Charges, Commission, Method of Payment or any other matter relevant to the payments.
After any of the events mentioned in clause a, (b) and (c) above has been taken place, your continued use of the Platform will be considered that you have agreed to such events and accepted the same. We request you that if you don’t agree to all of the amended Terms or service charges, please do not access or use our Website and Services and exit the same immediately.
We reserve an absolute discretion to terminate or suspend your access to or use this Website or services at any time and for any reason. If your access to or use of this Website or Services is terminated, you will no longer have the right to access any of the Services.
We may terminate or suspend any functionality or services on this Website at any time without prior notice to that effect. In the event that your access or use is terminated, we will have absolutely no liability to you and you will have no right to receive a refund for any services unless otherwise provided by the applicable laws.
We are not liable for any injury, damage or losses resulting from your restricted use of the system, including but not limited to, your failure to access this Website. No aforementioned provisions shall be implemented if they or any part thereof is contrary to any express provision of the applicable laws.
- GENERAL TERMS:
Assignment. You cannot transfer, assign, lease or permit any person to use your User Account or assign any right or liability you have under these Terms. The User Account is created for your personal use only. No commercial activity may be carried out under your User Account. In case of any violation of the foregoing provisions, we may terminate or suspend your User Account in our sole discretion without any prior notification.
Governing law and Dispute Resolution. These Terms shall be construed or interpreted under and governed by the applicable laws of the applicable laws of the UK. Any dispute arising from these Terms shall be resolved by binding commercial arbitration appointed with the consent of the parties to the dispute and such parties’ representative in interest. The award of the arbitration may be executed by the court having competent jurisdiction under the applicable laws.
Force Majeure. No party shall be liable for any breach or violation of any provision of the Terms if such breach or violation caused by a Force Majeure Event including, without limitation, an act of God, natural calamity, accidents, social disturbances, riots, or strikes, or any criminal act of third party such as cybercrime, hacking or transmission of any virus or any harmful component.
Severability: If any provision, wholly or in part, of these Terms is found to be void, illegal, unenforceable, or contrary to the law, the same shall be severed from the Terms without affecting validity, legality or enforceability of the remaining provisions or part thereof.
Independent Contractors. All parties to this Agreement (Terms) are independent contractors. These Terms or any provision thereof do not create any employment, partnership, or agency relationship. No party can create any liability, obligation or responsibility on the behalf of the other party.
No Waiver. No right shall be deemed to have been waived hereunder unless such waiver is in writing and signed by us. No delay or omission on our part in exercising any right or availing remedy shall operate as a waiver of the same. One-time waiver on any particular occasion shall not be deemed to be effective at any subsequent stage.
Headings and numbers. Headings and numbers used in these Terms are for reference purposes only and cannot be used to interpret the provision of these Terms unless such number forms part of the sentence.
Notice. All communications, correspondence or services will be made through the following address:
Address: 820 Bury Road, Bolton, Greater Manchester, England BL2 6PA United Kingdom