Biticon (BTC)
Terms and Conditions of Use
General Provisions.
EXPERT BERLIAN GOLD S.A – Registration number 155737949, with registered address at Calle 53 Y Calle 50 – Panama Province (hereinafter referred to as the Company) and an individual or entity that has signed this Agreement and has completed the registration form (hereinafter referred to as the Client), jointly referred to as the Parties, hereby enter into this Agreement (hereinafter referred to as the Agreement).
This Agreement specifies the conditions under which the Company will provide the Client with services related to the purchase, sale, rental, and management of cryptocurrencies.
1 – Purpose of the Agreement:
1.1 The purpose of this Agreement is to provide cryptocurrency purchase, sale, rental, and storage services by the COMPANY, under the conditions set forth in this Agreement.
2.1 The COMPANY will ensure the secure and reliable storage of the cryptocurrencies traded by the CLIENT.
2.2 Under this Agreement, the COMPANY will provide the following services:
a) Store the CLIENT’s cryptocurrencies securely;
b) Act as a counterparty in cryptocurrency purchase, sale, and rental operations – all requiring approval by the COMPANY, which has the sole discretion to decide whether to buy, sell, or rent and is not obliged to act as a counterparty if it chooses not to;
c) When the CLIENT rents out the cryptocurrencies, the value will be converted to US DOLLAR, and all rental payments will be made in the converted value in US DOLLAR directly into the CLIENT’s current account, already converted to SHIBA INU Cryptocurrency, based on the price chosen by the COMPANY.
d) When the CLIENT rents out the cryptocurrencies, and it is authorized by the COMPANY, the COMPANY guarantees rental payments at a rate of 1% or more of the value converted to US DOLLAR capitalized at the time of the Cryptocurrency Rental converted to SHIBA INU, based on the price chosen by the COMPANY.
2.3 Due to the commercial strategies and accumulated expertise of the COMPANY, constituting business secrets, the COMPANY is not obligated to disclose to the CLIENT the differentiated strategies for allocating resources in cryptocurrencies, nor its operations for paying cryptocurrency rental fees.
3.1 The CLIENT is solely responsible for the accuracy of the information regarding the origins of the funds deposited with the relevant authorities in their respective country, and it is not the COMPANY’s obligation to inform this data or maintain it in a database, as the CLIENT is entirely responsible for paying taxes, income declaration, and deposit.
3.2 The CLIENT will only make deposits to purchase cryptocurrencies from their own current account or sell and subsequently withdraw funds to their own current account, and it is not the COMPANY’s responsibility to verify this information, as the CLIENT is the one who fills in this information.
3.3 The CLIENT is solely responsible for purchasing the cryptocurrencies, as well as analyzing the value at which they are buying or selling. Since it is a volatile market and the COMPANY acts as the counterparty in the operation, it is the CLIENT’s responsibility to analyze the values paid and sold in each operation.
3.3.1 Any fluctuation in the value of the cryptocurrency, whether because the client bought it at a price above market value or sold it at a price below market value, is entirely the CLIENT’s responsibility, and the COMPANY has no responsibility for the CLIENT’s actions at the time of purchase or sale, nor for the prices practiced, even if the COMPANY is the counterparty in the operation, as all values are previously agreed upon between the parties before the effective payment.
4.1 The CLIENT, of their own free will, has the option to make deposits via bank transfer using the PIX key (financeiro@expertberliangold.com) or directly through the dashboard using a bank slip or QR code provided by the payment intermediary contracted by the COMPANY, to purchase CRYPTOCURRENCIES.
4.1.1 When the CLIENT makes a cryptocurrency purchase on their dashboard, and for their convenience, sends the PIX key to a third party, and that third party makes the payment, and the CLIENT requests the cryptocurrencies on their dashboard, as the third party is not registered with the COMPANY, this negotiation is entirely the CLIENT’s responsibility, and the COMPANY cannot manage this conduct. The cryptocurrencies will be credited to the CLIENT’s account and negotiated directly with them, with the CLIENT responsible for managing this situation.
4.2 The CLIENT can make additional deposits at any time directly on the dashboard provided by the COMPANY.
4.3 The CLIENT is solely responsible at the time of purchasing the cryptocurrency, needing to be aware of the value they are paying for the cryptocurrency, as well as the quality of the project and the potential gain or loss of capital that the cryptocurrency’s fluctuation may offer.
4.3.1 The COMPANY is not responsible for any financial loss the CLIENT may incur due to the cryptocurrency’s fluctuation.
5.1 The CLIENT can sell the cryptocurrencies to the COMPANY at any time and receive the funds in the indicated current account, but the COMPANY has the right to decide whether or not to buy the cryptocurrency at that moment.
5.1.1 If the COMPANY does not want to buy the cryptocurrency when the CLIENT wishes to sell, the COMPANY is obligated to send the cryptocurrencies that belong to the CLIENT and are under the COMPANY’s custody to the CLIENT’s chosen wallet within 72 hours after a written request is sent via email to tiagolobiancoforex@gmail.com.
6.1 The COMPANY acts as the counterparty in the operation, so its profit is always based on the spread of this negotiation, always seeking to buy the cryptocurrency at a low price and sell it at a market value above, thus constituting its main profit.
6.2 In addition to the profit described in ITEM 6.1, the COMPANY charges a fee of 2% to 10% on all sales made by the CLIENT. This fee is characterized as a commission for the operation and is pre-established between the parties, with the COMPANY responsible for maintaining this fee within the Dashboard.
6.3 When it comes to renting the CLIENT’s cryptocurrencies to the COMPANY, any operation the COMPANY performs with these cryptocurrencies is entirely the COMPANY’s responsibility, and the CLIENT is entitled to a fee of 1% on the value converted to US DOLLAR paid in SHIBA INU at the rate chosen by the COMPANY.
6.3.1 If the COMPANY wants to terminate the cryptocurrency rental and the CLIENT does not want to terminate this rental on their dashboard, the COMPANY reserves the right to pay a rental fee of 0.0001% per month on the cryptocurrencies.
7.1 This contract is available on an online platform, and its acceptance is given electronically. The CLIENT’s confirmation at the time of registration is proof of acceptance by the CLIENT, with its duration starting from that moment and valid indefinitely.
7.2 This contract will be automatically terminated in the event of insolvency of either party, force majeure, or a change in legislation that makes it technically or commercially impossible to continue providing and/or contracting the Services, without any penalty or compensation being applicable in this case.
7.3 This contract can be terminated at any time by the COMPANY, by notifying the CLIENT, if it is found that the cryptocurrency market’s high volatility makes it impossible to maintain the expected return rate. In this case, the COMPANY will have 50 (fifty) business days to send the cryptocurrencies to the CLIENT’s wallet and no longer store them. The COMPANY may also choose to buy the cryptocurrencies if it wishes to do so at the end of the contract.
8.1 The services under this Agreement will be provided by the COMPANY, under its sole responsibility, in accordance with this Agreement.
8.2 The services will be provided by the COMPANY at its convenience, according to its own criteria, within the COMPANY’s operating hours for service provision.
8.3 The COMPANY declares that it will act as the counterparty in all CLIENT operations, provided it chooses to do so, whether in buying, selling, or renting cryptocurrencies, reserving the right to accept buying or selling at any price even if it is not the market price for cryptocurrencies. This price fluctuation possibility for buying or selling is entirely the PARTIES’ responsibility at the time of negotiation, being fully aware of the risks involved in variable income operations, and no claims can be made in any circumstances by either PARTY for possible financial losses due to price fluctuations of these cryptocurrencies.
9.1 The Parties mutually commit to maintaining the confidentiality of all trade secrets, technical knowledge, and other information they become aware of about each other due to the commercial relationship described in this Agreement, and they cannot use any of this confidential information unless expressly authorized by the owner. In this sense, each Party must, and will use all its powers to ensure that its partners, affiliated companies, administrators, representatives, employees, and/or any other persons under its responsibility (direct or indirect) keep all the terms and conditions of this Agreement confidential.
10.1 The COMPANY reserves the right to change this Agreement at any time without prior notice to the CLIENT.
10.2 Neither party may assign any of its rights or transfer any of its obligations under this Agreement without the prior consent of the other party.
10.3 The CLIENT fully assumes responsibility for the accuracy of the data and information provided to the COMPANY, declaring the lawful origin of the funds applied to purchase cryptocurrencies, exempting the COMPANY from any responsibility due to the unworthiness of the referred funds.
10.4 This Agreement does not establish a loan or mutual contract between the parties, but rather the storage and counterparty in cryptocurrency purchase and sale operations, and it does not establish any tax, labor, or social security relationship, nor a partnership or business intermediation relationship based