Terms & conditions

These Terms and Conditions govern your access and use of the CoinBight functionality and services. Functionality and services – the coinbight.com website, coinbight.com personal account, API interface, and any software services provided by CoinBight. In these terms and conditions, an individual or legal entity using the CoinBight Services is called “You” or “Your”. By accepting these Terms and Conditions (by clicking “I Agree”), you agree to these Terms and Conditions, as well as the policies and guidelines referenced by these Terms and Conditions. If you do not agree to these Terms and Conditions, you may not use the Services.

In the event of changes to these Terms and Conditions that fundamentally affect or change the clauses of these Terms and Conditions, we will inform you using one or more of the following ways: 

- by posting the amended Terms and Conditions on our website;

- by sending you a notification by e-mail to the e-mail address that you specified to us when registering your account;

- by presenting you with the amended Terms and Conditions when entering your personal account.

When registering, you must provide your active email address, regularly check for notifications (and also check if notifications have been blocked by a spam filter). You must periodically revise these Terms and Conditions published on our website. 

1. Use of the Service

1.1. Your privacy.

Please see our privacy policy at https://www.coinbight.com/privacy to understand our commitment to maintaining your privacy. You agree to the collection and use of information as described in the Privacy Policy.

1.2. Interaction via email.

We may send you emails regarding CoinBight services, including news, notifications, updates, and so on. We may also send you emails with promotional information and materials about products and services of CoinBight, which you can opt-out at your option.

1.3. Access interruption.

We reserve the right to temporarily interrupt or terminate your access to the Service at any time at our sole discretion, with or without notice, without any liability, but for certain reasons. For example, we may interrupt or terminate your access to the use of the Service for the following reasons:

- violation of these Terms and conditions by you; 

- use of the Service in a manner that may result in CoinBight being held legally liable, or in violation of the use of the Services and services by other people; 

- planned downtime in the service due to technical work, or unplanned technical problems and interruptions in work.

1.4. Invalid use.

The following actions, as well as assistance to third parties in the commission of such actions, violate these Terms and Conditions:

- using any unauthorized means to obtain access to the Service or the use of any automated processes or services (such as scripts, “bots” or caching information), as well as the distribution of instructions, software or tools for such purposes; 

- modification, alteration, falsification of the Service operation; 

- interference with the operation or disruption of the servers or networks used by CoinBight to provide the Service; 

- damage, shutdown, overload or deterioration of the CoinBight Functionality or Services; 

- using another user's account at any time and in any way; 

- using the Service for any purpose other than permitted by these Terms and Conditions; 

- participation in any illegal or fraudulent activity, in phishing schemes, financial pyramids, or other similar falsifications; 

- sending unsolicited or unauthorized letters, spam, or any other unsolicited messages. 

CoinBight may, in its sole discretion, determine whether actions will be taken (exactly what kind of) in response to a violation of these Terms and Conditions.

1.5. Service update.

CoinBight may, in its sole discretion, make any planned or unplanned changes, updates or improvements to the Service at any time. We may add or remove the Service's functionality. Also, we may suspend the service for implementing updates or stop service completely.

2. Digital assets (cryptocurrencies)

2.1. About digital assets.

The service does not send or receive money. The service allows you to interact with blockchain networks (create wallets, addresses, receive digital funds, make transactions using the personal account or the API interface). As soon as the blockchain network recognizes and verifies the information you sent from the Service, this information will be transferred to other persons and companies on the blockchain network, and you will not be able to use the Service to cancel transactions or other possible actions, such as address creation. 

This provision relates to all cryptocurrencies that are available for use in a personal account or the API interface.

2.2. Protocols for cryptocurrency operation.

CoinBight does not own or control the basic software protocols that control the cryptocurrency operation. Cryptocurrency protocols can change, and it does not depend on us. 

You acknowledge and agree that:

- CoinBight is not responsible for the operation of the basic cryptocurrency protocols and does not give any guarantees of their functionality, security or availability;

- if a change in the operation of any of the cryptocurrencies occurs, CoinBight may temporarily suspend the Services related to the affected cryptocurrency, or may decide not to support the operation of this Service, or may create and configure new Services that allow accessing the affected cryptocurrency asset.

2.3. Wallets and cryptocurrency assets.

Your wallets and your cryptocurrency assets, which are an integral part of your account, are under your responsibility. CoinBight cannot create transactions transferring assets from your wallets, except in connection with your request through the Technical Support Service or the Ticket System.

2.4. Passwords and security.

You bear responsibility for maintaining security and control over all login identifiers, passwords, private keys, API Keys that you use to access the Service. You bear sole responsibility for the API Keys that we provide you or that you generate for your wallets, as well as for ensuring the security of backups. 

You must prevent unauthorized access to the Services or their use using the credentials of your account or API Keys and immediately notify us of any such unauthorized access or use. You must maintain the confidentiality of your account ID, passwords and any other credentials, and not allow third parties to access the Service or use it on your behalf. You will notify us at [email protected] of any security violations of your account as soon as possible. You will cooperate with us in the investigation of any suspected unauthorized access or use of the Services using the credentials or personal keys of your account. 

You will bear responsibility for all actions that occur with your Service account of CoinBight, which is accessed using your credentials. 

2.5. Personal identification.

You must be at least 18 years old to register for a CoinBight account. You will provide CoinBight exact, effective and complete information about yourself following the registration process requirements, and constantly update this information if it changes. You authorize CoinBight to make such requests as he considers necessary to verify your identity.

2.6. Interaction with your applications.

CoinBight services may contain functions designed to interact with a third-party service, program or website that is provided by you belongs to you or licensed by you or a third party. If you configure your application for use with the CoinBight Services, you permit us to allow the provider of this application with access to your information and your account data, as required for the interaction of this Application with the CoinBight Service. We do not bear responsibility for disclosure, modification or deletion of end-user content or data as a result of access to your application.

2.7. Taxes.

Our charges do not include any government taxes, charges, duties or similar charges of any nature that may be imposed by any jurisdiction. You bear responsibility for paying all taxes related to your activities under these Terms and Conditions. If your applicable law requires you to pay taxes on your payments in CoinBight, the responsibility for fulfilling your tax obligations falls solely on you.

2.8. Risks.

You acknowledge that the use of cryptocurrencies, blockchain networks and protocols is associated with serious risks. You must learn about all the risks associated with cryptocurrencies, their protocols, and networks. Such risks may include, for example, sharp surges in the value of digital assets, long confirmation of bitcoin transactions, and so on. CoinBight does not bear responsibility for the protocols of cryptocurrencies and blockchain networks, does not control and does not make any statements regarding the value of cryptocurrencies or the security of blockchain networks.

3. User content

You bear responsibility for the Content that you provide or make available through the Service. CoinBight do not bear responsibility for the deletion, correction, damage, loss of user Content. If your access to the Service is interrupted or terminated, you will not have access to the content.

You will bear sole responsibility for nature, quality, and accuracy of the user Content, ensure that the content complies with these Terms and Conditions and any applicable laws and regulations. You will immediately process and resolve any claims regarding the user Content, including any notifications sent to you by any person claiming that any user Content violates the rights of any person. You will maintain proper security, protection, and backups of the user Content.

You will not store or transmit content like the following: 

- violating the intellectual property rights or privacy rights of third parties;

- containing or using software viruses, scripts, or other malicious computer code;

- offensive, defamatory, illegal, threatening, pornographic or other objectionable material of any kind;

- containing any material that may constitute a criminal offense;

- harming, threatening, or harassing another person or organization.

4. Compensation for damages

You agree to exempt CoinBight, its employees and partners from any claims, actions, investigations or contentions arising in connection with the user Content, the use of the Service by you or under your account, or related to your violation of these Terms and Conditions. CoinBight will apply efforts to notify you of any such claims, actions, investigations or contentions.

5. Entire agreement

These Terms and Conditions, including the Privacy Policy and other terms and policies included in these Terms and Conditions by reference, constitute the entire agreement between you and CoinBight and govern your use of the Service.

6. Relationships

CoinBight and you are not legal partners or agents of each other. This agreement is intended solely for you and our benefit, and not for the benefit of any other person. You cannot designate or delegate these Terms and Conditions, your obligations, rights or obligations. CoinBight may assign or delegate these Terms and Conditions, its liabilities, rights, and obligations, wholly or partly, at any time, with or without notice.

7. Use of the Service by the company

If you use the Service on behalf of a company, you agree to these Terms and Conditions for this company and that you have the authority to associate this organization with these Terms and Conditions. However, each person who uses the Service or accepts these Terms and Conditions on behalf of the company agrees that the permissions and restrictions provided by CoinBight following these Terms and Conditions apply to each such person. You can use the Service only following these Terms and Conditions.

8. No guarantees

The functionality and services developed by us are provided “as they are”. The user must independently assess the risks and independently bear all responsibility for his actions related to the use of the Service. CoinBight does not guarantee the compliance of the Service with the expectations and goals of the user. CoinBight also does not guarantee uninterrupted and error-free operation of the Service. 

CoinBight makes no warranties, express or implied, and hereby disclaims all warranties and denies them, including terms of commercial value, serviceability for a particular purpose, as well as violations of intellectual property rights or other violations of rights. 

Besides, CoinBight does not guarantee or make any representations regarding the accuracy, likely results or reliability of using our Services on any websites or applications that are associated with CoinBight.