By accessing this web site, you are agreeing to be bound by these web site Terms and Conditions of Use, all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, you are prohibited from using or accessing this site. The materials contained in this web site are protected by applicable copyright and trade mark law. When using this website you agree of suspending your rights to sue BitSails company and its employees in any form of legal actions.
The materials on BitSails's web site are provided "as is". BitSails makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, BitSails does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its Internet web site or otherwise relating to such materials or on any sites linked to this site. The software is under development and considered in alpha stage. We are not responsible for any loss this may cause to users.
In no event shall BitSails or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption,) arising out of the use or inability to use the materials on BitSails's Internet site, even if BitSails or a BitSails authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you.
The materials appearing on BitSails's web site could include technical, typographical, or photographic errors. BitSails does not warrant that any of the materials on its web site are accurate, complete, or current. BitSails may make changes to the materials contained on its web site at any time without notice. BitSails does not, however, make any commitment to update the materials.
BitSails has not reviewed all of the sites linked to its Internet web site and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by BitSails of the site. Use of any such linked web site is at the user's own risk.
BitSails may revise these terms of use for its web site at any time without notice. By using this web site you are agreeing to be bound by the then current version of these Terms and Conditions of Use.
Any claim relating to BitSails's web site shall be governed by the laws of the European Union without regard to its conflict of law provisions.
Currencies are listed at the discretion of BitSails and can be removed at any time. If a currency is removed, you will have 14 days to withdrawal your funds if the blockchain allows for it. In no event shall we be liable for any loss, liability or cost whatsoever arising from any authorized or unauthorized transaction.
Markets are opened and closed at the discretion of BitSails. If a market is closed, all funds on all open orders are credited back to your account balances. In no event shall we be liable for any loss, liability or cost whatsoever arising from trades executed on any market. All executed trades on any market are final. There will be no refunds or cancelling of trades once they have been executed.
Anti-Money Laundering Policy (AML Policy)
Money laundering is the disguising of an illegal source of funds by converting it to cash or investments that are ostensibly legitimate.
BitSails.com shall establish its own procedures for determining compliance with the anti-money laundering standards and Know Your Customer (KYC) policy.
BitSails.com Customers complete a verification procedure (they must provide an identification document issued by the state: passport or an ID card). BitSails.com reserves the right to collect Customers' identification information for AML Policy purposes. This information is processed and stored strictly in accordance with the BitSails.com Privacy Policy.
BitSails.com may also request a second Customer identification document: a bank statement or utility bill no older than 3 months, which includes the Customer's full name and current address.
BitSails.com shall verify the authenticity of documents and information provided by Customers and reserves the right to request additional information on Customers who have been identified as dangerous or suspicious.
If the Customer's identification information has been changed or their activity appears suspicious, BitSails.com is entitled to request updated documents from the Customer, even if they have been authenticated in the past.
An Anti-Money Laundering Officer has the right to engage with law enforcement agencies that deal with the prevention of money laundering, financing of terrorism and other illegal activities.
The above list is not exhaustive. The AML Policy Compliance Officer monitors the Customers' transactions every day to determine whether to report them and treat them as suspicious.
In accordance with international requirements, BitSails.com applies a risk-based approach tо anti-money laundering and financing of terrorism. Thus, measures aimed at the prevention of money laundering and financing of terrorism are commensurate with the identified risks, allowing resources to be effectively dedicated. Resources are used on a priority basis; the greatest attention is given to the greatest risks.
Your privacy is very important to us. Accordingly, we have developed this Policy in order for you to understand how we collect, use, communicate and disclose and make use of personal information. The following outlines our privacy policy.
We are committed to conducting our business in accordance with these principles in order to ensure that the confidentiality of personal information is protected and maintained.