Terms of Use


1. General Terms

These Terms of Use and any terms incorporated herein (hereinafter, the “Terms”) apply to your (“user”, “you“,“your”) use of the Services, including https://buybitcoinlive.com/ (“Website“), the technology and the platform integrated therein and any related applications (including without limitation the mobile one) associated therewith, which are operated and maintained by LAWEITECH COMPANY LIMITED [ https://www.laweitech.com/ ]. and its affiliates (“BuyBitcoinLive.com”, “BuyBitcoinLive”, “website”, “site”, “service”, “us”, “we” or “our”).

We provide you with the possibility to use our Services as defined above on the following terms and conditions.

 

2. Acceptance of Agreement

By using this website, you agree to be bound by this Terms of Use (hereinafter referred to as “Terms”), all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws, whether you are a visitor of the site or a registered member. Use of cryptocurrencies may be illegal in some jurisdictions and it is your responsibility to know the regulatory requirements concerning cryptocurrency transactions in your jurisdiction before using the services. The materials contained herein are protected by applicable copyright and trademark law. We may revise these Terms at any time by updating this page on our website and it is your responsibility to check back regularly for any updates to the Terms of this website. This agreement also constitutes the entire and sole agreement between us and you, and supersedes all prior or contemporaneous agreements, representations, warranties and understandings with respect to the website and the content, products or services provided by or through the website and the subject matter of this agreement. When you accept this agreement, you specify that you are at least 18 years old and are legally able to enter into a contract. By accepting, you agree to every provision of this agreement. If you do not agree to all of the Terms, do not access or use the website.

 

3. Amendments

We reserve the right, at our sole discretion, to change, modify, add or delete portions of these Terms of Use at any time without prior notice by posting the changes to these Terms of Use. Your continued use of buybitcoinlive.com after any such changes constitutes your acceptance of the updated Terms of Use. It is your responsibility to regularly check the website to determine if there have been changes to these Terms of Use and to review such changes. If any of these Terms shall be deemed invalid, void, or for any reason unenforceable, that term shall be deemed severable and shall not affect the validity and enforceability of any remaining Terms.

 

4. Description of Services

The website https://buybitcoinlive.com/  allows users to conveniently make online fiat-to-cryptocurrency, cryptocurrency-to-fiat and cryptocurrency-to-cryptocurrency exchange operations. Following your opening of an account on buybitcoinlive.com and completing the identity verification procedure, you will be able to exchange any supported fiat currency or cryptocurrency from us, in exchange for other supported cryptocurrencies or fiat currencies, namely USD, GHS or any other supported government-issued currency, that is designated as legal tender in its country of issuance through government regulation or law. After buybitcoinlive.com receives the specified amount of payment from you, we shall transfer the specified amount of the converted cryptocurrency to your cryptocurrency wallet address. The rates at which buybitcoinlive.com provides fiat-to-cryptocurrency, cryptocurrency-to-fiat and cryptocurrency-to-cryptocurrency exchange services shall be determined in accordance with buybitcoinlive.com’s Verification and Limits. You acknowledge and agree that it is at our sole discretion whether to provide you with our exchange services and/or reverse any of your transactions.

buybitcoinlive.com provides non-custodial services, which means that we do not store users’ cryptocurrencies on deposits and/or balances. Your cryptocurrency wallet is the cryptocurrency address that you provide to buybitcoinlive.com from time to time for the exchange services on our website. In no event shall buybitcoinlive.com operate your cryptocurrency wallet. By provisioning the cryptocurrency wallet address, you acknowledge the ownership of it. You are solely responsible for maintaining and controlling your cryptocurrency wallet. Make sure to keep secret the access credentials to your cryptocurrency wallet, otherwise you can permanently lose your crypto assets. buybitcoinlive.com has no liability for any operation or failure of your cryptocurrency wallet.

You hereby understand and agree that any price or rate of any supported cryptocurrency which appears on the website is accurate for that moment alone, due to the highly volatile nature of the price of cryptocurrencies and the period of time required for completing the transaction.

 

5. Eligibility Criteria

By registering to use a buybitcoinlive.com Account (as defined below), Prior to your use of the Services and on an ongoing basis you represent, warrant, covenant and agree that:

  • you use our Services at your sole option, discretion, and risk;
  • you are solely responsible for any applicable taxes which may be payable while using our Services;
  • you are NOT in, under the control of, or a national or resident of Cuba, Iran, North Korea, Crimea, Sudan, Syria, Bangladesh, and Bolivia, as well as any other country subject to United Nations Security Council Sanctions List and its equivalent or United States of America (including all USA territories like Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John and St. Thomas), Japan or a jurisdiction where crypto assets transactions are explicitly prohibited (“Restricted Locations”). Changelly does not operate in Restricted Locations. Changelly maintains the right to select the markets and jurisdictions to operate in and may restrict or deny its services to certain countries at any time
  • you are at least 16 years old or of other legal age, according to your relevant jurisdiction;
  • you are an individual, legal person or other organization with full legal capacity and authority to enter into these Terms of Use
  • you have not previously been suspended or removed from using our online services,
  • you do not currently have an existing buybitcoinlive.com Account
  • you agree to pay the fees for Exchanges completed via Services as defined by Changelly, which We may change from time to time;
  • there are risks, associated with Internet-based systems, such as the failure of hardware, software, and Internet connections and with the Blockchain Protocol, such as any malfunction, unintended function, unexpected functioning of or attack on the Blockchain protocol;
  • you guarantee that your crypto assets belong to you and they are not sold, encumbered, not in contention, or under seizure, and that neither exists any rights of third parties to your crypto assets;
  • you shall provide correct information for constructing Exchange (e.g. paying and payout wallet address). Such wallet addresses shall not be associated with terrorism, fraudulent, scam, or any type of illegal activity.


You further represent, agree and warrant, that you will not violate any law, contract, third-party right or commit a tort by accessing or using the Services, and that you are solely responsible for your actions and/or inactions while using our Services. Without prejudice to the foregoing, you represent, agree, and warrant, that YOU WILL NOT:

  • use our Services or will immediately cease using those if any applicable law in your country prohibits or will prohibit you at any time from doing so;
  • use our Services to participate in fraudulent, scam or any type of illegal activity;
  • exchange via our Services or attempt to pay-in crypto assets, which are obtained from illegal gambling activities; fraud; money-laundering; or terrorist activities; or any other illegal activities. With our Services the user can only use crypto assets, which are obtained from legal sources;
  • provide false, inaccurate, or misleading information;
  • attempt to modify, decompile, reverse-engineer or disassemble our software in any way;
  • use any robot, spider, crawler, scraper or other automated means or interface not provided by us to access the Services or to extract data;
  • attempt to circumvent any content-filtering techniques we employ or attempt to access any service or area of our Services that you are not authorized to access;
  • develop any third-party applications that interact with our Services without our prior written consent; AND
  • Encourage or induce any third party to engage in any of the activities prohibited under this Section.


You may use the buybitcoinlive.com Services only as permitted by law, including applicable local laws and regulations.

 

 

6. Account Registration

At registration, the user has to state an email address as a username and choose a secure password. By opening an account to use the services, you expressly represent and warrant that you:

  • have the full capacity to accept and have accepted the terms and conditions of these Terms of Use and have full capacity to enter into a transaction involving cryptocurrencies;
  • are a resident in an area that permits the use and exchange of cryptocurrencies;
  • are not using the services on behalf of any third party.

You are solely responsible for maintaining the confidentiality of the information you hold for your registered Switchere.com account, inclusive of your password, and for any and all activity that occurs under your account as a result of your failing to keep this information secure and confidential. You agree to notify Switchere.com immediately of any unauthorized use of your account or password, or any other breach of security.

Only one person may use an account to access the buybitcoinlive.com services. Using multiple accounts for any malicious activity will result in immediate account termination. The administration of buybitcoinlive.com reserves the right to terminate any user account without prior notice. You can also register using your social network account. Any person whose account or access through which has been suspended or terminated by us or any person who has been banned or removed from any buybitcoinlive.com services may not access the services in any manner or for any reason, including through any other account. In compliance with AML/KYC Policy, buybitcoinlive.com reserves the right to refuse registration to persons from jurisdictions that do not meet international AML or KYC standards.

 

7. Verification

It is buybitcoinlive.com’s policy to prohibit and implement preventative measures against money laundering and any activity that facilitates terrorism financing or criminal activities. buybitcoinlive.com is subject to regulation of anti-money laundering (AML) and customer due diligence (CDD) policies as set out in all legislation as applicable.

buybitcoinlive.com reserves the right to carry out buybitcoinlive.com account-holder due diligence verification of registered users and their transactions. Enhanced buybitcoinlive.com account-holder review may be carried out periodically at our sole discretion based on our ongoing risk assessment controls. buybitcoinlive.com will verify your identity through the documentary means and/or non-documentary means furnished by you to buybitcoinlive.com upon registering for a buybitcoinlive.com account. buybitcoinlive.com reserves the right to use non-documentary means where necessary to verify the true identity of the buybitcoinlive.com account-holder.

To fully complete all verification procedures on buybitcoinlive.com, the user has to comply with mandatory verification requirements according to AML/KYC Policy and state the following information:

  • Personal email address.
  • Personal phone number.
  • First name and last name.
  • Date of birth.
  • Gender.
  • Country.
  • City.
  • State/province/region/district.
  • ZIP/postal code.
  • Citizenship.
  • Scanned copies (front and back sides) of your government-issued proof of identity (national passport or international passport or driver license or national identity card), which contains user's first name and last name; date of birth; gender; place of birth; date of birth; issuing country; user's photo; ID serial number and date of issue.
  • A scanned copy(ies) of a valid proof of address document (a bank or payment card statement, utility or electricity bill, tax return, council tax or any other official document with current residential address, first name and last name and issued within the last 3 months.
  • Scanned copies (front and back sides) of a payment (bank) card with a cardholder’s signature on the backside of the payment (bank) card.
  • A “selfie” of a user holding a white piece of paper with the text “buybitcoinlive.com”, the current date, and valid login information for accessing the buybitcoinlive.com website.
  • A “selfie” of a user holding a white piece of paper with the text “buybitcoinlive.com” and the current date in one hand and holding a valid payment (bank) card (front side) in the other hand.
  • A scanned copy(ies) of an official document for proof of income (bank statements (personal or business), pay stubs or tax returns).

buybitcoinlive.com accepts scanned copies of your documents only if all the information contained therein is provided with Latin transliteration.

In compliance with mandatory AML and KYC regulatory requirements, buybitcoinlive.com has devised and implemented the verification tiers, which govern the purchase limits at the Switchere.com website.

  • To be eligible to use online exchange services rendered by buybitcoinlive.com, the user is obligated to complete initial verification of the user’s email address, phone number and pass the identity verification procedure. Once it is done, the user is authorized to make online exchanges on the buybitcoinlive.com website conditioned that the total account purchase limit cannot exceed the 550 USD (or any other fiat currency equivalent to this amount at the current exchange rate) threshold.
  • After successful verification of a user’s bank card(s), the user is authorized to make online exchanges on the buybitcoinlive.com website conditioned that the total account purchase limit cannot exceed the 1000 USD (or equivalent amount in any other fiat currency) threshold.
  • After successful verification of the user’s residential address, the user is authorized to make online exchanges on the buybitcoinlive.com website conditioned that the total account purchase limit cannot exceed the 5 000 USD (or equivalent amount in any other fiat currency) threshold.
  • After completing source of income verification, the user’s account purchase threshold becomes unlimited.


Once the spending limit for your verification tier has been reached, it is mandatory to complete one or more verification tiers to continue using the exchange services rendered by buybitcoinlive.com in accordance with the cumulative spending limit system.

The purchase limits and verification tiers are being reviewed and updated throughout the entire period of customer lifecycle stages in connection with a particular user account. buybitcoinlive.com reserves the right to monitor the website accounts for an activity involving unusual transaction sizes, volumes, patterns or types and buybitcoinlive.com may in its sole discretion conduct further investigations in this respect. buybitcoinlive.com may from time to time temporarily reject customers from some countries/territories. This can be because of legal issues or AML/KYC Policy or technical reasons or other temporary reasons.

 

8. Account Termination by User

You may terminate your user account at any time by submitting your request to terminate your user account at [email protected]. Your request will be executed within 24 hours after its submission. No termination fee shall apply, except that you will be responsible for fulfilling any outstanding payment obligations to buybitcoinlive.com existing as of the effective date of termination and to settle any pending transactions. We reserve the right to suspend any pending transactions at the time of cancelation.

 

9. Links to Other Websites

Our services may contain links to third-party websites or services that are not owned or controlled by buybitcoinlive.com. buybitcoinlive.com has no control over and assumes no responsibility for the content, privacy policies, or practices of any third-party websites or services. We do not warrant the offerings of any of these entities/individuals or their websites.

You acknowledge and agree that buybitcoinlive.com 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 or reliance on any such content, goods or services available on or through any such third-party websites or services. We strongly advise you to read the terms and conditions and privacy policies of any third-party websites or services that you visit.

 

10. No Refund Policy

Unless otherwise specified, all exchange operations made by platform users on the buybitcoinlive.com website are final and non-refundable.

 

 

11. Risks

buybitcoinlive.com shall not be responsible for any damage or loss incurred by you as a result of using the services. By accepting the Terms of Use, you acknowledge that you have fully read and understood and are aware of the possible risks involved.

You acknowledge that online fiat-to-cryptocurrency, cryptocurrency-to-fiat and cryptocurrency-to-cryptocurrency exchange services carry significant risk. Prices can fluctuate on any given day. Due to price fluctuations, any related cryptocurrency may gain or lose value at any time.

You acknowledge and agree that buybitcoinlive.com does not act as a financial advisor, does not provide investment advisory services and/or any communication between you and buybitcoinlive.com cannot be considered as investment advice. You represent that you have been solely responsible for making your own independent appraisal and investigations into the risks of the transaction. We give you no warranty as to the suitability of the services and assume no fiduciary duty in our relations with you.

 

12. Disclaimer of Warranties

THE WEBSITE AND ALL SITE MATERIALS THEREON ARE DISTRIBUTED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND. TO THE FULLEST EXTENT PERMISSIBLE UNDER APPLICABLE LAW, COMPANY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. SPECIFICALLY, BUT WITHOUT LIMITATION, WE DO NOT WARRANT THAT:

(1) THE INFORMATION ON THIS SITE IS CORRECT, ACCURATE OR RELIABLE;

(2) THE FUNCTIONS CONTAINED ON THIS SITE WILL BE UNINTERRUPTED OR ERROR-FREE; OR

(3) DEFECTS WILL BE CORRECTED OR THAT THIS SITE OR THE SERVER THAT MAKES IT AVAILABLE IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.

YOU HEREBY ACKNOWLEDGE THAT USE OF THE SITE IS AT YOUR SOLE RISK.

 YOU INDEMNIFY AND HOLD US HARMLESS AGAINST ANY CLAIMS, DEMANDS AND DAMAGES, WHETHER DIRECT, INDIRECT, CONSEQUENTIAL OR SPECIAL, OR ANY OTHER DAMAGES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, LOSS OF USE, LOSS OF PROFITS OR LOSS OF DATA OR LOSS OF ASSETS, WHETHER IN AN ACTION IN CONTRACT, TORT (INCLUDING BUT NOT LIMITED TO NEGLIGENCE) OR OTHERWISE, ORIGINATED FROM OR IN ANY WAY CONNECTED WITH INVALIDITY OR BREACH OF ANY OF THE PROVISIONS OF THIS SECTION AND THE ENTIRE TERMS.