TERMS OF SERVICE





The Basics:

This user agreement is a contract between you and AceiBit.com . (hereafter “AceiBit.com”). By using the AceiBit.com site, you are agreeing to these terms. Please read them carefully.

If you do not accept the terms and conditions of this user agreement, do not access the AceiBit.com site and do not use these Services.

The Service:

The Ace iBit  site allows buyers and sellers to buy and sell the on the internet their Bitcoin. To that end, AceiBit.com provides a wallet service for Bitcoin storage.

BANKING PROVIDERS

Ace iBit uses banking providers in order to receive moneys and make payments. Our banking providers DO NOT transfer Bitcoins, exchange Bitcoins, or provide any services in connection with Bitcoins.

SITE AND SERVICES: THE RULES

Opening An Account:

By opening an account to use Ace iBit, you expressly represent and warrant:

1. You have agreed to this user agreement; and

Site Use:

In accordance with the user agreement, Ace iBit grants to you a non-exclusive and non-transferable limited right to enter and use the site. This site is for your personal use only.

Global Site Access:

Depending on your country of residence, you may not be able to use all the functions of the site. It is your responsibility to follow the laws in your country.

Site Availability:

We will use reasonable efforts to ensure that the site can be accessed. However, all services are provided without warranty of any kind, either express or implied. We may suspend use of the site for maintenance. While we will make reasonable efforts to give you notice, this may not always be possible. There are no guarantees that access will not be interrupted, or that there will be no delays, failures, errors, omissions or loss of transmitted information.

Transactions:

Potentially high-risk buys or sells of Bitcoins, including those made using reversible payment methods may be canceled or reversed by Ace iBit. However Ace iBit cannot cancel or reverse bitcoin-to-bitcoin transactions as long as the bitcoin network confirms them.

In the event that funds need to be retrieved from offline storage, there may be a delay of up to seventy-two hours in sending or receiving Bitcoins.

Ace iBit reserves the right to alter the buy and sell limits on accounts as deemed necessary without prior notice.

Personal Information:

You hereby agree to provide Ace iBit with current, accurate, and complete information about yourself as prompted by the registration and verification process, and to keep such information updated.

Other Users:

Ace iBit does not guarantee the identity of any user or other party or ensure that a buyer or seller will complete a transaction.

Use Your Own Account:

You hereby 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 engage in these activities will result in the account termination. Termination is not the exclusive remedy for such a violation.

Illegal Use:

You agree that you will not use the Ace iBit site to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, terrorist financing, or malicious hacking. If you are found to be using the site for illegal purposes, Ace iBit reserves the right to terminate your account and report you to the appropriate agency. Ace iBit also reserves the right to close your account at anytime and will not be liable to pay any funds in the account if above mentioned activity is found by user on the site.

Passwords:

You are responsible for maintaining the confidentiality of your account information, including your password, safeguarding your own Bitcoin, and for taking necessary measures to protect your own account.

If there is suspicious activity related to your account, Ace iBit may, but are not obligated, to freeze transactions pending review and to request additional information from you, including authenticating documents. You must comply with these security requests, or accept termination of your account.

Notices:

You are required to notify Ace iBit immediately of any problems, unauthorized use of your account or password, or any other breach of security by email addressed to support@aceibit.com. Any user who violates these rules may be terminated, and thereafter held liable for losses incurred by Ace iBit or any user of the site.

You hereby agree that Ace iBit may provide you communications about your account and Ace iBit site electronically.

Taxes:

Ace iBit is not responsible for any taxes. The users will bear all taxes.