User Agreement
1. User agreement
This user agreement is between a registered user in obit platform and OBIT Trade INC.
OBIT Provide 3 type of wallet –
- Storage Wallet (unlimited Receiving, Storage and transfer Facility of BTC)
- Accrued Wallet (Daily Profit gained by portfolio is a credit to Accrued wallet)
- Trading Wallet (User can start BTC trading with our Expert Crypto traders)
2.Terms and definitions
a) User - Internet user, including users of the website, users of a sane mind with the status of full civil capacity according to the legal norms; older than 18 (eighteen) years; and for citizens of the following countries: Canada, British Columbia, India, Nova Scotia, Nunavut, Saskatchewan, New Brunswick, Newfoundland and Labrador, The Northwest Territories, Yukon; United States: Alabama, Wyoming, Nebraska. South Korea, – older than 19 (nineteen) years; for citizens of the following countries: Taiwan, Tunisia, Japan, - older than twenty (20) years; for citizens of the following countries: Bahrain, Guinea, Honduras, Egypt, Cameroon, Ivory Coast, Lesotho, Madagascar, Monaco, Singapore, United States: Mississippi, Puerto Rico, New York, Chad - older than 21 (twenty-one) years; and acting consciously and willingly using the ObitTrade platform understands the rights and assumes obligations straight implied, and also those stated in the User Agreement.
b) A company, Platform, ObitTrade - OBITTRADE LIMITED is registered under the State of Delaware Act at the address Delaware USA.
c) Website - is the internet resource, containing the totality of contained information and intellectual property (including computer programs, database, graphics registration of interface (design), etc.) in information system and objects of intellectual property, access to which is provided from different user devices connected to the Internet by means of special software for websites viewing (browser) of www.ObitTrade.net (including the domains of the next levels related to these addresses) or Mobile applications.
d) User agreement – is the presented agreement, terms of placing announcements and other rules and documents, regulating the work of the ObitTrade platform or dividing the rules of the Service use, published on the website.
e) Services - are functional possibilities, services, and facilities accessible on the ObitTrade platforms for Users.
f) An account - is registration data, unique login connected with Blockchain (address of e-mail, Wallet ID and Private Key) and password,
created independently by the User.
g) A login of the User - is an unchangeable internal electronic code that is appropriated to every User by the ObitTrade platform passing
registration on the Company's website www.ObitTrade.net. After the approval of login and password, the User actually gets access to the
services rendered by the ObitTrade platform.
h) A password of User - is a changeable internal electronic code that is chosen by the User and appropriated by the ObitTrade platform
to every User passed registration on the Company's website www.ObitTrade.net.
3.General Terms and Conditions
a) An interaction between Service and Users is effected via ObitTrade platform-an online resource located at www.ObitTrade.net.
b) To use services provided by the Platform, each User must be registered on the Platform website and logged in.
c) A decision on registration on the website is made exclusively by the User.
d) It is forbidden to sign various accounts for one person, including accounts with various email addresses. Each User may be registered only once and must use only one user account (otherwise, his account will be locked out with no chance for recovery).
e) By being registered on the ObitTrade platform website users accept terms of Service which are stipulated in this Agreement and they are obliged to comply with the rules of operation on the Platform.
f) The User should realize that all photos, video- and text information at the ObitTrade platform website is a subject of copyright matter; it is provided exclusively for introductory and recommendation purposes.
g) The User bears responsibility for using information received on the ObitTrade platform website.
h) The minimal amount for start trading with obit expert traders and BOT = 0.10 BTC, the maximum amount of investments have no limit depending on the status of the investor.* The minimum profit to withdraw - 0.01 BTC.,
i) LY Model -Investors’ income is from 0.25 to 0.30 % daily including Principal BTC for 18 Months. HY Model 0.30 to 0.45% including portfolio up to 18 months but profit will credit in every 6 months.
j) Daily accrual of profit follows ObitTrade trading results.
k) The recommended investment term is 540 days and more.
l) Obit can close portfolio any time with informed to all users as per market red condition in that condition users agree to that condition
make a portfolio.The profit may down as per market behavior.
m) During Alt Coin Market Down or un instability Withdrawals are uncertain irregular for short or long term.
ObitTrade will not be responsible or liable to you for any loss and take no responsibility for and will not be liable to you for any
use of our Services, including but not limited to any losses, damages or claims arising from: (a) User error such as forgotten passwords, incorrectly constructed transactions, or mistyped Virtual Currency addresses; (b) Server failure or data loss; (c) Corrupted Wallet files; (d) Unauthorized access to applications; (e) Any unauthorized third party activities, including without limitation the use of viruses, phishing, brute forcing or other means of attack against the Website or Services.
n) An user can withdraw or deposit find in storage wallet with no limits these limits are only affected to the accrued wallet and daily trading profit will credit to accrued wallet only where you user can withdraw as per obit withdrawal limits.
4.The closer of Portfolio by users
a) If, at any point of time, any Working Portfolio is closed before the maturity date, a 5% to 20% deduction charges will apply on the Working Portfolio depending on when the portfolio was initially created.
b) Deduction Charges will be calculated as follows: If Working Capital Portfolio is withdrawn within 30 days, Portfolio charges will be 20% If Working Capital Portfolio is withdrawn within 60 days, Portfolio charges will be 15% If Working Capital Portfolio is withdrawn within 90 days, Portfolio charges will be 10% If Working Capital Portfolio is withdrawn within 120 days, Portfolio charges will be 5%.
The total Refundable amount will be: Portfolio - Deduction Charges (as per above) – Accrued Profit = Remaining BTC credit to Accrued Wallet.
For example, e.g. If a Portfolio with 1 BTC invested is closed immediately after 3 months then a profit of 0.36 would have accrued until then in
Accrued Wallet.
if Accrued Profit is more than Initial Investment in Portfolio than refundable BTC will be 0 (zero). We thank our members for their support to ensure the longevity of Obittrade in these tough market conditions for crypto trading.
Private Key – after user Registration user have to note down or print their Private key in safe place else obit cant retrieve user password in case of forgotten password.
5.User’s rights and obligations
a)User is entitled to: - register and use one personal account;- use information obtained on the ObitTrade platform Website to gain financial profit for personal use and under personal responsibility;- use marketing tools to receive extra compensation according to the affiliate program terms;- introduce any required changes into personal account settings by filing a corresponding application;- obtain credible and prompt information.
6.Rights and obligations of Company
Account blocking may occur in one of the following cases:- Transfer of access to other users.- Multiple accounts registration.- Use of supplementary software and bots by the Service.- Attempts of willful misrepresentation and deceiving of other users.- Insults of users, employees or any negative impairment towards the Service.- Distribution of negative information about the Service, as well as in any other cases when the User comprises a threat to the Service and/or to other users.
a) The company is responsible for technical maintenance of the Website and provides round-the-clock access to Users’ accounts.
b) Company is entitled to:- require the User to undergo complete identification if his account is blocked in the result of non-compliance with the present Agreement;- use e-mail address of the User to send system notifications, newsletters, as well as marketing information;- deny the User in services providing without giving a reason;- change the terms of cooperation at its own discretion upon Users notice.
c) Company is obliged to- provide round-the-clock access to the Website;- ensure Users’ personal data safety and not disclose it to any third parties;- timely and in full inform Users about all changes and developments;- accrue financial remuneration to Users as a result of cooperation with the ObitTrade platform website (regular accruals of financial profit and remuneration for participation in the affiliate program) and process Users’ applications for deposits and withdrawals of funds.
7.The account can be blocked in the following cases:-
Transfer of access to other users.- Registration of multiple accounts.- Use of the additional programs imitating activity of registration record.- Intentional attempts of deception and introduction in an error of other users.- Insults of Users, employees or causing of any negative toward the Service.- Distribution of negative information about the Service.- Similarly in any other cases, where the decision of the Service defines that the user carries a threat for the Service and/or for other users.
8.Financial mutual settlements
a) Acceptance of the present Agreement terms implies possible participation in an investment process and transfer of financial funds to the discretionary management of the Service.
b) Discretionary management is performed by acceptance of financial funds. It is implemented via electronic payment systems.
c) Deposit and subsequent withdrawal of BTC funds are implemented by the User himself via suggested payment systems: Bitcoin and others.
d) Additional expenses in the form of fee for deposit and subsequent withdrawal are limited by the User.
e). Financial profit as a result of the Service’s actions within the framework of discretionary management is automatically accrued to the User’s balance in the amount declared in «For investors» Section on this Website.
f) Withdrawal of funds is made according to a manually processed User’s application.8.7. Withdrawal waiting time may take 3-5 days or more as per market condition after application for funds withdrawal is created and confirmed by the User.
g) A user is notified and agrees that waiting period for withdrawal declared in the present Agreement may be prolonged due to payment processors operation failure, as well as in case of force-major. The User acknowledges that these factors are beyond competence and responsibility of the Service.
h) The User is warned and agrees that an index of profit can be negative. The User acknowledges that these factors are beyond the scope and sphere of the Service responsibility.
i) Parties agree that this Agreement was not the agreement of confidence management by property, agency service or guarantee on the legislation of the country of any of Parties and does not entail the obligations conditioned by the legislation of relatively confidence management property, agency service or guarantee.
9.The responsibility of Parties
a). The system does not carry responsibility in any case for Users' success or Users' failure of actions, constrained with the use of the Platform on the website. The project and the Company do not bear responsibility for receipt or non-receipt by the User of the expected profit.
b). A company in no way bears responsibility for financial losses, and any other types of User's losses, constrained with the use of information presented on the Website and participating in the Company activity.
c). The User, realizing all risks in full, takes responsibility for failures and losses constrained with the use of information presented on the website and participating in the ObitTrade Project.
10.The validity of Agreement
a) The present Agreement becomes effective after registration of personal account by the User on the ObitTrade platform website, and it remains valid during the whole period of cooperation between the User and the Service.
b) The Service reserves the right to introduce changes and additions into the text of the present Agreement at its own discretion without any notice.
c) In case of disagreement with changes in the User agreement, a person has a right to give up execution of this User agreement and stop to use services given by the Company. Sums that were sent by User before, providing voluntarily payments are not returned. Any Participant understands and is conscious that has a permanent open access to this Agreement.
d) Users are strongly recommended to check the content of the Agreement from time to time with respect to changes and additions.
11.Service Contact details
a) Contact us with Create a Ticket option available in website working days are from Monday to Friday in the week.