Terms of Service
Welcome to bitoftrade.com (the “Site”, “bitoftrade”). Avalon Group, 8700 Stonebrook Pkwy #686, Frisco, TX 75034 (the “Company”, “we,” “us” and “our”) provides access to this Site and certain services (the “Services”), interfaces and functionality on or via this Site to you subject to your agreement to comply with the following terms and conditions. Your use of this Site or the Services will constitute your acceptance of this Official Notice.
1. Modifications of these terms and conditions
From time to time we may change the terms and conditions of the Official Notice. By accessing this Site, you accept that you are bound by the terms and conditions of the Official Notice valid at the time that you access the site, and therefore you should check these each time you revisit the Site. If you do not agree to the amended Terms, then you must stop using the Site and the Services.
2.1 Scope. bitoftrade integrates decentralized protocols to deliver different trading features within a web interface. We carefully evaluate which protocol to choose for specific features.
2.2 Swap trading - same blockchain token exchange. We use paraswap protocol, which aggregates decentralized exchanges and other DeFi services. The protocol finds the most efficient route for a token swap, able to split the order between different liquidity endpoints to minimize price impact (if the swap volume is significant).
2.3 Limit trading - same blockchain asset exchange with additional parameters – price and order expiration. Limit swap orders are placed via 0x API and shared through a decentralized and permissionless network called 0x Mesh. 0x Mesh – an order book where takers execute the makers' orders accepting certain conditions (price and timing).
2.4 Leverage trading - allows users to make leveraged bets on the market, buying or selling perpetual contracts, provided by dYdX exchange.
3. Use of services
3.1 As a condition to accessing or using the Services or the Site, you represent and warrant to TradingSoft following:
3.1.1 if you are entering into these Terms as an individual, then you are of legal age in the jurisdiction in which you reside and you have the legal capacity to enter into these Terms and be bound by them;
3.1.2 if you are entering into these Terms as an entity, then you must have the legal authority to accept these Terms on that entity’s behalf, in which case “you” (except as used in this paragraph) will mean that entity;
3.1.3 if you are entering into these Terms to access bitoftrade Leverage or within the future access leverage, then you are not a US Person;
3.1.4 you do not, and will not, use VPN software or any other privacy or anonymization tools or techniques to circumvent, or attempt to circumvent, any restrictions that apply to the Services.
3.2 As a condition to accessing or using the Services or the Site, you acknowledge, understand, and agree to the following:
3.2.1 from time to time the Site and the Services may be inaccessible or inoperable for any reason, including, without limitation: equipment malfunctions; causes beyond bitoftrade or that we could not reasonably foresee; disruptions and temporary or permanent unavailability of underlying blockchain infrastructure; or unavailability of third-party service providers or external partners for any reason;
3.2.2 we reserve the right to disable or modify access to the Site and the Services at any time in the event of any breach of these Terms, including, without limitation, if we reasonably believe any of your representations and warranties may be untrue or inaccurate, and we will not be liable to you for any losses or damages you may suffer as a result of or in connection with the Site or the Services being inaccessible to you at any time or for any reason;
3.2.3 fees information provided on the Site does not represent an offer, a solicitation of an offer, or any advice regarding, or recommendation to enter into, a transaction with bitoftrade;
3.2.4 bitoftrade does not act as an agent for you or any other user of the Site or the Services;
3.2.5 you are solely responsible for your use of the Services, including all of your transfers of Digital Assets and control of your Digital Assets;
3.2.6 you are solely responsible for reporting and paying any taxes applicable to your use of the Services.
3.3 As a condition to accessing or using the Services or the Site, you covenant to bitoftrade the following:
3.3.1 in connection with using the Services, you only will transfer legally-obtained Digital Assets that belong to you.
4. Limitation of liability
4.1 bitoftrade shall not be liable to you or any other party for any compensatory, punitive, special or consequential damages that result from the use of, or the inability to use, the Site, the Services or the contents on this Site or the performance of the Site, Services or products described on this Site, even if bitoftrade has been advised of the possibility of such damages. Applicable law may not allow the limitation or exclusion of liability or incidental or consequential damages, so the above limitation or exclusion may not apply to you.
4.2 If you are dissatisfied with any part of the Site or the Services or with any of these terms, your sole and exclusive remedy is to discontinue using the Site and the Services.
5. No warranty
5.1 This Site and Services are provided "as is" and without warranties of any kind, whether express or implied, to the fullest extent permissible pursuant to applicable law. Company and its licensors disclaim all warranties, express or implied, including, but not limited to, implied warranties of merchantability and fitness for a particular purpose and non-infringement.
5.2 Company does not represent or warrant that the functions or services contained in the Site will be uninterrupted or error-free, that defects will be corrected, or that this Site or the server that makes the Site available are free of viruses or other harmful components.
5.3 Company does not make any warranties or representations regarding the use of contents of this Site or services in terms of their correctness, accuracy, adequacy, usefulness, timeliness, reliability or otherwise. Some jurisdictions do not allow exclusion of implied warranties, so the above limitations and exclusions may not apply to you.
6. Ownership of the copyright for the site
6.1 The Site contains material including text, photographs, other images, sound, data, software, graphics and logos that are protected by copyright and/or other intellectual property rights. The Services, the Site and any materials contained therein – including, without limitation, text, photographs, other images, sound, data, software, graphics and logos – is owned by TradingSoft.
7.1 The Site provides links to other World Wide Web or accessible sites, applications, or resources. You acknowledge and agree that the Company is not responsible for the availability of such external sites, applications or resources, and does not endorse and is not responsible or liable for any content, advertising, products, or other materials on or available from such sites or resources.
7.2 The Company 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 site or resource.
8.1 Digital Tokens Market Risk: Market prices for Digital Tokens can be volatile and highly unpredictable. Whether the future market price for a Digital Token will move up or down or even sustain a market value is a speculation and unknowable.
8.2 You understand that the Ethereum blockchain remains under development, which creates technological and security risks when using the Services in addition to uncertainty relating to Digital Assets and transactions therein. You acknowledge that the cost of transacting on the Ethereum blockchain is variable and may increase at any time causing impact to any activities taking place on the Ethereum blockchain, which may result in price fluctuations or increased costs when using the Services.
8.3 Legal Risk. The legality of Digital Tokens and trading of them may not be clear and may vary under the laws of different jurisdictions throughout the world. This can mean that the legality of holding or trading Digital Tokens is not always clear. Whether and on what basis a Digital Token may constitute property, an asset, or a right of any kind might vary from one jurisdiction to another. You are responsible for knowing and understanding how the laws applicable to you or your property, rights or assets, limit, regulate, and tax the Digital Tokens you trade.
9.1 We recognise the importance of protecting your personal data and undertake to process and store them responsibly. Our corporate website can collect your personal data via the services listed below, in the volume and for the purposes specified further down:
9.1.1 News subscription. The subscriber data, in particular, their e-mail address, shall be used exclusively for mailing news to the subscriber in the language version chosen by him.
9.1.2 Call me. The subscriber data, in particular, their phone number address, shall be used exclusively for calling company representatives to answer any questions regarding the Services.
9.2 Personal data disclosed by website visitors shall not be used for marketing purposes or transferred to other persons or organizations and shall be used exclusively for the purposes stated above.
9.3 We commit to keeping the data collected via the website only to the extent necessary to reach the goal of data collection and processing and ensuring data safety, processing and storage in line with the applicable laws and requirements.