Last updated: Jan 07, 2021
These are the terms and conditions on which we supply products or services to you, whether these are services or any form of digital content for the purposes of using BBCStaticMiner. Please read these terms carefully before you use our Products, Services or Digital Content. These terms tell you who we are, how we will provide Products, Services or Digital Content to you, how you and we may operate, manage or terminate the contract and other important information. By using the Services or Digital Content, you confirm that you accept these terms and that you agree to comply with them. If you do not agree to these terms, you must not use the Services or Digital Content. You accept and acknowledge that where we make additional functionality available to you through the mining platform (for example the purchase of third party investment, services or digital content) additional terms and/or charges shall also apply, including terms required by third party providers. It is a condition of your use of such functionality that you read and accept such third party terms and/or charges and you acknowledge that we have no liability to you in respect of such third party goods, services or digital content which are only made available to you through the mining platform for convenience.
Pursuant to our obligations under global anti-money laundering and counter-terrorist financing legislation, we are required to undertake due diligence, source of funds and “know your client” checks on users of the Services and Digital Content. We may use third party providers to assist us with these due diligence checks.
We will employ various levels of due diligence as may be required by legislation in force from time to time and based on the jurisdiction in which you access the Services and Digital Content and on the value of BBCStaticMiner you propose to invest into. The limits which affect the levels of due diligence we must perform are set out in the table below. Tier 1, Tier 2 and Tier 3 relate to the levels of due diligence and the types of information we may request from you, with Tier 1 requiring only basic information (such as email address and telephone number) and Tier 3 requiring full due diligence. The values of Balance Limit A, Balance Limit B and Balance Limit C, and the types of information we require from you in respect of Tier 1, Tier 2 and Tier 3 can be found on BBCStaticMiner website. We may amend this table from time to time and we will notify you when we do. If you wish to access certain functionality within the Services, Digital Content or our network, or where the ETN balance held in your Online or Offline Wallets falls within the limits in the table set out in clause 4.3, we may require additional disclosures of information from you. The information we request may include personal information, including, but not limited to, your name, postal address, e-mail address, telephone number, date of birth, country of origin, BBCStaticMiner ID, BBCStaticMiner Password, and identification cards in certain circumstances proof of source of funds.
You must comply with our due diligence requirements in order to continue using the Services and Digital Content. If you fail to do so we may withdraw or suspend your right to use the Services or Digital Content without further liability to you.
If it appears that you are accessing or attempting to access the Services and Digital Content from a country which is, from time to time, designated as a “high-risk third country” by the European Commission or as a “high risk and other monitored jurisdiction” by the Financial Action Task Force (FATF), we may temporarily or permanently withdraw your right to use the Services and Digital Content (or any part of them) without liability to you. As a company, we do not store, sell, send or receive investment on behalf of users. Our services facilitate the sending and receiving of bitcoin into your wallet. We are not responsible (and shall have no liability to you) for issues including (but not limited to) slow network speeds and technical errors within the operation of the BBCStaticMiner or any node run or maintained by BBCSTATICMINER use. Due to the nature of BBCSTATICMINER, transactions cannot be reversed or cancelled. We will not be responsible for any loss or damage suffered by you for transactions executed by you or any third party including (but not limited to): you are only to deposit into the wallet ID provided by the mining wallet.
Please note that we may apply the TX Fees set out below to any transfer (including the import of bitcoin from any offline wallet to any online wallet) of BBCStaticMiner, regardless of whether:
1. the wallet was developed by us;
2. whether the wallet is an online wallet, an offline wallet or any other type of wallet; or
3. whether the sending and receiving wallets are controlled by the same or different users.
4. Activated promo packages cannot be reversed.
Our payment system makes it easy for you to withdraw your funds and transfer it to your bitcoin wallet address or wire to your bank account you choose to transfer to. The Services and Digital Content are directed at users aged 18 or older only. Where we have reason to believe you are under the age of 18, we reserve the right to take any of the actions we have. You are responsible for ensuring that your phone/device meets the minimum operating requirements for the Digital Content. Please refer to the Best Practice guidance set out on our website.
Due to the nature of software, we cannot warrant that your use of the Services or Digital Content will be uninterrupted or error-free. Whilst we take all reasonable precautions to ensure that the Services and Digital Content are secure, we cannot guarantee that the Services and Digital Content are immune from various forms of attack by malicious third parties. During periods of high demand users may experience transaction delays or (in a minority of circumstances) failures. You acknowledge that the Services or the Digital Content may be subject to limitations, delays and other problems inherent in the use of blockchain technology and internet communications facilities.
We may limit or restrict your access to the Services or Digital Content:
1. in order to perform maintenance, updates or improvements;
2. subject to BBCSTATICMINER balance limits and anti-money laundering due diligence checks in accordance with our clause
3. otherwise in accordance with legislation in force from time to time.
To the extent permitted by law, we exclude all conditions, warranties, representations or other terms which may apply to these Terms, the Services or the Digital Content, whether expressed or implied.
You must use the Services and Digital Content only for lawful purposes. You also agree not to access without authority, interfere with, damage or disrupt:
We provide Services and Digital Content which facilitate the use of BBCSTATICMINER. We do not represent, investigate, or contract on behalf of users. As such, by entering into a transaction with another user via the Services or Digital Content you agree that we are not responsible for and shall not be liable to you, or to any third party, in relation to a transaction, or for any acts or omissions of other users of the Services or Digital Content. You must conduct your own due diligence and enquiries before entering into any transaction with another user.
Nothing in these terms shall limit or exclude our liability for.
Except to the extent expressly stated in these terms, all terms implied by statute, common law or otherwise are excluded, including implied conditions, warranties or other terms as to satisfactory quality, fitness for purpose or the use of reasonable skill and care.
Where there is any dispute between you and another user, we may (in our absolute discretion) provide such assistance to you as we consider to be reasonable in the circumstances, but we will not be responsible for resolving or mediating such dispute. Any such disputes must be taken up by you with the relevant user who is directly responsible to you for such matters.
We assume no general or specific of care duty (whether fiduciary or otherwise) towards you except as specifically set out in these terms and conditions.
In this clause, “Intellectual Property Rights” means all patents, utility models, rights to inventions, copyright and related rights, trademarks and service marks, trade names and domain names, rights in get-up, goodwill and the right to sue for passing off or unfair competition, rights in designs, rights in computer software, database rights, rights to preserve the confidentiality of information (including know-how and trade secrets and any other intellectual property rights, including all applications for (and rights to apply for and be granted), renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist, now or in the future, in any part of the world.
You acknowledge that all Intellectual Property Rights in the Services and Digital Content, supplementary software code or updates to it belong and shall belong to the Group, and you shall have no rights in or to the Services and Digital Content other than the right to use them in accordance with these terms.
These terms (as updated from time to time) apply for as long as you use the Services or the Digital Content.
We may suspend your BBCStaticMiner Wallet
On termination of your access to the Services and Digital Content (whether at your discretion or pursuant to these terms and conditions)
Any provision of these terms that expressly or by implication is intended to come into or continue in force on or after termination of your access to the Services or Digital Content shall remain in full force and effect. Your obligations to us will continue and our limitations of liability will continue to apply as set out in these terms and conditions.
We may make changes to these terms or to the Services or Digital Content from time to time to reflect changes to users’ needs and our business priorities. We will try to give you reasonable notice of any major changes via our official website and/or social media channels, or directly (as we determine at our absolute discretion).
The ways in which you can use the Services and the Digital Content may also be controlled by the rules and policies of other service providers including (but not limited to) where other rules and policies do apply, such other rules and policies will take precedence in the event of a conflict with these terms.
We will use the personal information you provide to us in accordance with our Privacy and Cookies Policy.
We are not responsible for events outside our control. If the provision of the Services or the Digital Content is delayed or prevented by an event outside our control then we will review the position and take such steps that we consider to be reasonably practicable in order to minimize the effect of the delay. Provided we do this we will not be liable for delays caused by the event.
We may transfer this agreement to someone else. We may transfer our rights and obligations under these terms to another organization. We will always use our reasonable endeavors to notify you of this in writing if this happens.
You need our consent to transfer your rights to someone else. You may not transfer your rights or your obligations under these terms to another person unless we specifically agree to this in writing.
We are not your partners or agents. Nothing in these terms is intended to, or shall be deemed to, establish any partnership or joint venture between us and you, constitute either us or you as the agent of any other party, or authorize us or you to enter into any commitments for or on behalf of any other party.
Nobody else has any rights under these terms. This contract is between you and us. No other person shall have any rights to enforce any of its terms.
If a court finds part of these terms illegal, the rest will continue in force. Each of the clauses of these terms operates separately. If any court or relevant authority decides that any of them are unlawful, the remaining paragraphs will remain in full force and effect.
Even if we delay in enforcing these terms, we can still enforce it later. If we do not insist immediately that you do anything you are required to do under these terms, or if we delay in taking steps against you in respect of your breaking this contract, that will not mean that you do not have to do those things and it will not prevent us taking steps against you at a later date
These terms may be translated into languages other than English. In the event of any conflict in interpretation (in a legal sense) between translated versions of these terms, the English Language version shall prevail.
Which laws apply to these and where you may bring legal proceedings. Any dispute or claim arising out of or in connection with these terms or their subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of Belgium and the courts of Belgium shall have exclusive jurisdiction to settle any such dispute or claim.
PART 1: GENERAL USE
1. Account Setup
1.1. Eligibility. To be eligible to use the BBCStaticMiner Services, you must be at least 18 years old.
1.2. Terms. We may amend or modify this Agreement at any time by posting the revised agreement on the BBCStaticMiner Site and/or providing a copy to you (a “Revised Agreement”). The Revised Agreement shall be effective as of the time it is posted but will not apply retroactively. Your continued use of the Services after the posting of a Revised Agreement constitutes your acceptance of such Revised Agreement. If you do not agree with any such modification, your sole and exclusive remedy is to terminate your use of the Services and close your account.
1.3. Registration of BBCStaticMiner Account. You must register for a BBCStaticMiner account to use the BBCStaticMiner Services (a "BBCStaticMiner Account"). By using a BBCStaticMiner Account you agree and represent that you will use BBCStaticMiner only for yourself, and not on behalf of any third party, unless you have obtained prior approval from BBCStaticMiner. You are fully responsible for all activity that occurs under your BBCStaticMiner Account. We may, in our sole discretion, refuse to open a BBCStaticMiner Account, or limit the number of BBCStaticMiner Accounts that you may hold or suspend or terminate any BBCStaticMiner Account or the trading of specific Digital Currency in your account.
1.4. Identity Verification. During registration for your BBCStaticMiner Account, you agree to provide us with the information we request for the purposes of identity verification and the detection of money laundering, terrorist financing, fraud, or any other financial crimes and permit us to keep a record of such information. You will need to complete certain verification procedures before you are permitted to use the BBCStaticMiner Services. Your access to one or more BBCStaticMiner Services and the limits that apply to your use of the BBCStaticMiner Services, may be altered as a result of information collected about you on an ongoing basis. The information we request may include certain personal information, including, but not limited to, your name, address, telephone number, e-mail address, date of birth, taxpayer identification number, a government identification, and information regarding your bank account (such as the name of the bank, the account type, routing number, and account number) and in some cases (where permitted by law), special categories of personal data, such as your biometric information. In providing us with this or any other information that may be required, you confirm that the information is accurate and authentic.All investors should verify their identity with a maximum deadline of seven days after creating your wallet. Failure to Verify your identity will result to a KYC SECURITY IDENTITY VERIFICATION charge which will be disclosed to you based on type of cryptocurrency contract you are running or you will have to wait for a minimum of one month after mining contract ends for your KYC SECURITY IDENTIFICATION PROCESS IS COMPLETED before you can make withdrawals. You agree to keep us updated if any of the information you provide changes. You authorize us to make inquiries, whether directly or through third parties, that we consider necessary to verify your identity or protect you and/or us against fraud or other financial crime, and to take action we reasonably deem necessary based on the results of such inquiries. When we carry out these inquiries, you acknowledge and agree that your personal information may be disclosed to credit reference and fraud prevention or financial crime agencies and that these agencies may respond to our inquiries in full. This is an identity check only and should have no adverse effect on your credit rating. Further, you authorize your wireless operator (AT&T, Sprint, T-Mobile, US Cellular, Verizon, or any other branded wireless operator) to use your mobile number, name, address, email, network status, customer type, customer role, billing type, mobile device identifiers (IMSI and IMEI) and other subscriber status details, if available, solely to allow verification of your identity and to compare information you have provided to BBCStaticMiner with your wireless operator account profile information for the duration of the business relationship.
1.5. Access. To access the BBCStaticMiner Services, you must have the necessary equipment (such as a smartphone or laptop) and the associated telecommunication service subscriptions to access the Internet. The BBCStaticMiner Services can be accessed directly using the BBCStaticMiner Site. Access to BBCStaticMiner Services may become degraded or unavailable during times of significant volatility or volume. This could result in the inability to buy or sell for periods of time and may also lead to support response time delays. Although we strive to provide you with excellent service, we do not represent that the BBCStaticMiner Site or other BBCStaticMiner Services will be available without interruption and we do not guarantee that any order will be executed, accepted, recorded, or remain open. BBCStaticMiner shall not be liable for any losses resulting from or arising out of transaction delays.
2. Wallet and Custodial Services
2.1. Wallet Services. As part of your BBCStaticMiner Account, BBCStaticMiner will provide qualifying users access to: (a) a hosted Digital Currency wallet(s) for holding Digital Currencies (“Digital Currency Wallet”), and (b) a hosted US Dollars ("USD") wallet for holding USD (a “USD Wallet“).
2.2. Hosted Digital Currency Wallet. Your Digital Currency Wallet allows you to store, track, transfer, and manage your balances of Digital Currency. As used throughout, "Digital Currency" means only those particular digital currencies listed as available to trade or custody in your BBCStaticMiner Account (also referred to as “Supported Digital Currency”). Services and supported assets may vary by jurisdiction. We securely store Digital Currency private keys, which are used to process transactions, in a combination of online and offline storage. As a result of our security protocols, it may be necessary for us to retrieve private keys or related information from offline storage in order to facilitate a Digital Currency Transfers in accordance with your instructions, and you acknowledge that this may delay the initiation or crediting of such Digital Currency Transfers. You may elect to use other services, such as the BBCStaticMiner Vault, which allow you to set withdrawal time-delays and create other conditions around the custody and transfer of your Digital Currency. Additional rules associated with such product(s) and service(s) may apply.
2.3. Supported Digital Currencies. Your BBCStaticMiner Account is intended solely for proper use of Supported Digital Currencies as designated on the Site. Under no circumstances should you attempt to use your Digital Currency Wallet to store, send, request, or receive digital currencies we do not support. BBCStaticMiner assumes no responsibility in connection with any attempt to use your Digital Currency Wallet with digital currencies that we do not support. If you have any questions about which Digital Currencies we currently support, please visit https://bbcstaticminer.com/
2.4. Supplemental Protocols Excluded. Unless specifically announced on the BBCStaticMiner Site or other official public statement of BBCStaticMiner, Supported Digital Currencies excludes all other protocols and/or functionality which supplement or interact with the Supported Digital Currency. This exclusion includes but is not limited to: metacoins, colored coins, side chains, or other derivative, enhanced, or forked protocols, tokens, or coins or other functionality, such as staking, protocol governance, and/or any smart contract functionality, which may supplement or interact with a Digital Currency we support. Do not use your BBCStaticMiner Account to attempt to receive, request, send, store, or engage in any other type of transaction or functionality involving any such protocol as BBCStaticMiner is not configured to detect, secure, or process these transactions and functionality. Any attempted transactions in such items will result in loss of the item. You acknowledge and agree that supplemental protocols are excluded from Supported Digital Currency and that BBCStaticMiner has no liability for any losses related to supplemental protocols.
2.5 Operation of Digital Currency Protocols. We do not own or control the underlying software protocols which govern the operation of Digital Currency supported on our platform. Generally, the underlying protocols are open source, and anyone can use, copy, modify, and distribute them. We assume no responsibility for the operation of the underlying protocols and we are not able to guarantee the functionality or security of network operations. In particular, the underlying protocols may be subject to sudden changes in operating rules (including “forks”). Any such material operating changes may materially affect the availability, value, functionality, and/or the name of the Digital Currency you store in your Digital Currency Wallet. BBCStaticMiner does not control the timing and features of these material operating changes. It is your responsibility to make yourself aware of upcoming operating changes and you must carefully consider publicly available information and information that may be provided by BBCStaticMiner in determining whether to continue to use a BBCStaticMiner Account for the affected Digital Currency. In the event of any such operational change, BBCStaticMiner reserves the right to takes such steps as may be necessary to protect the security and safety of assets held on the BBCStaticMiner platform, including temporarily suspending operations for the involved digital currency(ies), and other necessary steps; BBCStaticMiner will use its best efforts to provide you notice of its response to any material operating change; however, such changes are outside of BBCStaticMiner’s control and may occur without notice to BBCStaticMiner. BBCStaticMiner’s response to any material operating change is subject to its sole discretion and includes deciding not to support any new digital currency, fork, or other actions. You acknowledge and accept the risks of operating changes to Digital Currency protocols and agree that BBCStaticMiner is not responsible for such operating changes and not liable for any loss of value you may experience as a result of such changes in operating rules. You acknowledge and accept that BBCStaticMiner has sole discretion to determine its response to any operating change and that we have no responsibility to assist you with unsupported currencies or protocols.
2.6. Digital Currency Custody and Title. All Digital Currencies held in your Digital Currency Wallet are custodial assets held by BBCStaticMiner for your benefit, as described in further detail below.
2.6.1 Ownership. Title to Digital Currency shall at all times remain with you and shall not transfer to BBCStaticMiner. As the owner of Digital Currency in your Digital Wallet, you shall bear all risk of loss of such Digital Currency. BBCStaticMiner shall have no liability for Digital Currency fluctuations. None of the Digital Currencies in your Digital Currency Wallet are the property of, or shall or may be loaned to, BBCStaticMiner; BBCStaticMiner does not represent or treat assets in User’s Digital Currency Wallets as belonging to BBCStaticMiner. BBCStaticMiner may not grant a security interest in the Digital Currency held in your Digital Currency Wallet. Except as required by a facially valid court order, or except as provided herein, BBCStaticMiner will not sell, transfer, loan, hypothecate, or otherwise alienate Digital Currency in your Digital Currency Wallet unless instructed by you.
2.6.2 Control. You control the Digital Currencies held in your Digital Currency Wallet. At any time, subject to outages, downtime, and other applicable policies, you may withdraw your Digital Currency by sending it to a different blockchain address once your mining cycle is completed. As long as you continue to custody your Digital Currencies with BBCStaticMiner, BBCStaticMiner shall retain control over electronic private keys associated with blockchain addresses operated by BBCStaticMiner, including the blockchain addresses that hold your Digital Currency.
2.6.3 Acknowledgement of Risk. You acknowledge that Digital Currency is not subject to protections or insurance provided by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation.
2.6.4 Digital Currencies Not Segregated. In order to more securely custody assets, BBCStaticMiner may use shared blockchain addresses, controlled by BBCStaticMiner, to hold Digital Currencies held on behalf of customers and/or held on behalf of BBCStaticMiner. Although we maintain separate ledgers for Client and BBCStaticMiner accounts, BBCStaticMiner shall have no obligation to segregate by blockchain address Digital Currencies owned by you from Digital Currencies owned by other customers or by BBCStaticMiner.
2.7. USD Wallet. Your USD Wallet allows you to hold and transfer USD with your BBCStaticMiner Account as described below. In general, we will combine the balance of your USD Wallet with other customers’ balances and either hold those funds in a custodial account at a U.S. FDIC-insured bank or invest those funds in liquid investments, such as U.S. treasuries, in accordance with state money transmitter laws. BBCStaticMiner owns the interest or other earnings on these investments. Pooled customer funds are held apart from BBCStaticMiner corporate funds and BBCStaticMiner will neither use these funds for its operating expenses or any other corporate purposes.
2.8. USDC Wallets. You may also elect to buy USD Coin from BBCStaticMiner, a Digital Currency fully collateralized by the US Dollar, which is issued by Circle Internet Financial (“Circle”) and supported by BBCStaticMiner (“USDC”). You are the owner of the balance of your USDC Wallet. BBCStaticMiner is not the issuer of USDC, does not hold U.S. Dollars on reserve for USDC holders, and has no obligation to repurchase your USDC for USD. You can redeem your USDC with Circle, and BBCStaticMiner may also elect to repurchase your USDC in exchange for USD. You agree to be bound by the terms of the Circle USDC Agreement (located at https://support.usdc.circle.
2.9 BBCStaticMiner Bundle. The BBCStaticMiner Bundle (“Bundle”) is an offer to purchase multiple Digital Currencies in a single-click transaction, subject to our current fees for purchasing Bundles. The Digital Currencies included in any Bundle are made available by BBCStaticMiner in its sole discretion. The amount of each Digital Currencies in any Bundle offer is proportional to each Digital Currency’s “market capitalization”, calculated by multiplying its current price by the circulating supply of the Digital Currency. By purchasing a Bundle, you understand and acknowledge that you have the ability to sell and send each Digital Currency included in the Bundle at your discretion, just as if you had purchased each Digital Currency in separate transactions, by choosing to “unbundle” the Bundle. BBCStaticMiner may allow you to perform a single transaction to sell an amount proportionally across all the Digital Currencies purchased as part of a Bundle, and BBCStaticMiner may allow this only if you have not previously unbundled your purchased Bundle. A Bundle can not be reconstituted once it is unbundled. All pricing or performance data related to the Bundle is for informational purposes only. A Bundle is not an offer to purchase any single security, investment or financial instrument. A Bundle offer is not a recommendation to buy, sell or hold any Digital Currency or any amount of a Digital Currency and does not constitute investment advice, financial advice, or trading advice.
3. Payment Services, Purchase, Sale & swap Transactions
3.1. USD Funds. You can load funds into your USD Wallet from a valid bank account via ACH transfer or wire transfer. Your USD balance is in a pending state and will not be credited to your USD Wallet until after the bank transfer has cleared, usually within 5 business days. We may debit your linked bank account as soon as you initiate payment. The name on your linked bank account and your wire transfer must match the name verified on your BBCStaticMiner Account.
3.2. Purchase or Sale of Digital Currency. When you purchase (buy) Digital Currency from BBCStaticMiner (or from a third-party using BBCStaticMiner Pro) this transaction is intended to effect a sale of Digital Currency. You can purchase (buy) Digital Currency using: (a) funds in your USD Wallet, (b) Digital Currency held in certain Digital Currency Wallets, as permitted by BBCStaticMiner, (c) a valid bank account in the name that matches the name on your BBCStaticMiner Account, or (d) a debit or credit card that matches the name on your BBCStaticMiner Account (each a "Valid Payment Method"). Your purchase must follow the relevant instructions on the BBCStaticMiner Site. BBCStaticMiner reserves the right to cancel any transaction not confirmed by you within five (5) seconds after BBCStaticMiner quotes a transaction price. A purchase of Digital Currency using a Valid Payment Method generally will initiate on the business day we receive your instructions. Purchased Digital Currency will be deposited in your Digital Currency Wallet as soon as funds have settled to BBCStaticMiner, which in the case of a bank account or credit or debit card may take up to five business days. You can sell Digital Currency and instruct BBCStaticMiner to deposit funds into your BBCStaticMiner USD Wallet or, where supported, a Digital Currency Wallet. Digital Currency purchases and sales are collectively referred to herein as “Digital Currency Transactions”. If BBCStaticMiner cannot complete your Digital Currency Transaction for any reason (such as price movement, failure of Pro to respond, or an order exceeding the maximum order size), BBCStaticMiner will reject the order and notify you of such rejection. You will not be charged for a rejected transaction.
3.3. Fees. In general, BBCStaticMiner makes money when you mine, purchase or sell digital currency on our Site. By using BBCStaticMiner Services you agree to pay all applicable fees & charges. BBCStaticMiner reserves the right to adjust its pricing and fees and any applicable waivers at any time. We may charge miner network fees to process a Digital Currency Transaction on your behalf. We will calculate the miner fee and charges at our discretion, although we will always notify you of the network fee at or before the time you authorize the Digital Currency Transaction. Bank fees charged to BBCStaticMiner are netted out of transfers to or from BBCStaticMiner. You are responsible for paying any additional fees charged by your financial service provider. We will not process a transfer if associated bank fees exceed the value of the transfer. You may be required to deposit additional USD to cover bank fees if you desire to complete such a transfer.
3.4. Recurring Digital Currency Transactions. If you initiate recurring Digital Currency Transactions, you authorize us to initiate recurring electronic payments in accordance with your selected Digital Currency Transaction and any corresponding payment accounts, such as recurring automated clearing house (ACH) debit or credit entries from or to your linked bank account. Your recurring transactions will occur in identical, periodic installments, based on your period selection (e.g., daily, weekly, monthly), until either you or BBCStaticMiner cancels the recurring order. If you select a U.S. Bank Account as your payment method for a recurring transaction, and such transaction falls on a weekend or holiday, or after bank business hours, the ACH credit or debit will be executed on the next business day, although the Digital Currency fees at the time of the regularly-scheduled transaction will apply. If your Bank is unable to process any electronic ACH debit entry, we will notify you of cancellation of the transaction and may avail itself of remedies set forth in this User Agreement to recover any amount owed to BBCStaticmier. This authorization will remain in full force and effect until you change your recurring transaction settings, or until you provide us written notification at https://bbcstaticminer.com/
3.5. Revocation. When you give us instructions to purchase (buy) Digital Currency, you cannot withdraw your consent to that purchase unless the purchase is not scheduled to occur until a future date e.g. you set up a recurring purchase of Digital Currency (a "Future Transaction"). In the case of a Future Transaction, you may withdraw your consent up until the end of the business day before the date that the Future Transaction is scheduled to take place. To withdraw your consent to a Future Transaction, follow the instructions on the BBCStaticMiner Site.
3.6. Unauthorized and Incorrect Transactions. When a Digital Currency or USD transaction occurs using your credentials, we will assume that you authorized such a transaction, unless you notify us otherwise. If you believe you did not authorize a particular transaction or that a transaction was incorrectly carried out, you must contact us as soon as possible either by email free of charge at https://bbcstaticminer.com/
3.7. Account Information. You will be able to see your USD Wallet and Digital Currency Wallet balances using the BBCStaticMiner Site. You can also see your transaction history using the BBCStaticMiner Site, including (i) the amount (and currency) of each Digital Currency Transaction, (ii) a reference to the identify of the payer and/or payee (as appropriate), (iii) any fees charged (excluding any spread, or margin, over the prevailing market rate on BBCStaticMiner’s hodl, trading, and mining platform), (iv) if applicable, the rate of exchange, and the amount (in the new currency) after exchange (where you are the payer) or the amount (in the original currency) before the exchange (where you are the payee), and (v) the date of each Digital Currency Transaction.
3.8. Consent to access, processing and storage of your personal data. You consent to us accessing, processing and retaining any personal information you provide to us for the purpose of us providing BBCStaticMiner Services to you. This consent is not related to, and does not affect, any rights or obligations we or you have in accordance with data protection laws, privacy laws and regulations. You can withdraw your consent at any time by closing your account with us after your mining cycle is completed. However, we may retain and continue to process your personal information for other purposes.
3.9. Reversals & Cancellations. You cannot cancel, reverse, or change any transaction marked as complete or pending. If your payment is not successful, if your payment method has insufficient funds, or if you reverse a payment made from funds in your bank account, you authorize BBCStaticMiner, in its sole discretion, either to cancel the transaction or to debit your other payment methods, including your USD Wallet or Digital Currency Wallet balances or other linked accounts, in any amount necessary to complete the transaction. You are responsible for maintaining an adequate balance and/or sufficient credit limits in order to avoid overdraft, non-sufficient funds (NSF), or similar fees charged by your payment provider. We reserve the right to refuse to process, or to cancel or reverse, any Digital Currency Transaction or Transfers in our sole discretion, even after funds have been debited from your account(s), if we suspect the transaction involves (or has a high risk of involvement in) money laundering, terrorist financing, fraud, or any other type of financial crime; in response to a subpoena, court order, or other government order; if we reasonably suspect that the transaction is erroneous; or if BBCStaticMiner suspects the transaction relates to Prohibited Use or a Prohibited Business as set forth below. In such instances, BBCStaticMiner will reverse the transaction and we are under no obligation to allow you to reinstate a purchase or sale order at the same price or on the same terms as the cancelled transaction.
3.10. Limitation. With BBCStaticMiner, you can securely mine, store and accumulate cryptocurrency with ease. Kindly note that cancellation of a transaction can only be done twice in a month. Deposits and earnings from a running contract cannot be used to start a new contract. Also, there is a low volatile charge for using Coin Swap. Please note that users may experience delay in profit output when on a basic or basic-premium contract. In cases where you cancelled twice in a month and selected another contract in the same month, you are restricted from making another cancellation and you are required to activate the contract selected.
3.11. Payment Services Partners. BBCStaticMiner may use a third party payment processor to process any US Dollar payment between you and BBCStaticMiner, including but not limited to payments in relation to your use of the Digital Currency Transactions or deposits or withdrawals from your USD Wallet or BBCStaticMiner Pro Account. Obtaining insurance is required given what is at stake, it is essential to understand and mitigate the risks associated with holding and transferring cryptocurrency. You are required to follow up the insurance policy by contacting firstname.lastname@example.org .Cryptocurrency insurance policies are designed to provide protection against cryptocurrency theft, losses as well as general cryptocurrency capital loss. Insurance as a means of responsible risk management is the next step in cryptocurrency’s ongoing evolution.Cryptocurrency insurance provides some protection against such eventualities, giving the investor the peace of mind that has, until now, simply not existed in the cryptocurrency sector. It guards against loss, which means investors can build and trade their fortunes without worrying that a single hack or malicious attack will eradicate all of their fortunes.
3.12. Referrer Policy. Every investor must refer at least two investors unto the platform whose initial deposit must be more or up to the initial deposit of their referee to be eligible to make withdrawal transactions after their maximum mining Hash rate is reached and mining cycle is completed. If you cannot meet the stated terms, a 20% withdrawal charge is required to process withdrawal transactions of earned cryptocurrency. BBCStaticMiner reserves the right to charge you costs and fees associated with Enhanced Due Diligence, provided that we notify you in advance of any such charges accruing. In our sole discretion, we may refuse to raise your limits or we may lower your limits at a subsequent time even if you have completed Enhanced Due Diligence.
4. Digital Currency Transfers
4.1. Scheduled Downtime
: From time to time, BBCStaticMiner wallet may suspend trading
temporarily for maintenance or upgrades. Absent extenuating
circumstances, BBCStaticMiner wallet will follow this process for
closing and re-opening trading;
Step 1: Announce Scheduled Downtime
• Announce scheduled downtime via email@example.com,
Instagram or Twitter
Step 2: Scheduled Downtime Begins
Step 3: Immediately after Scheduled Downtime is Completed
• All books enter 'post-only' mode
• Announce the above via firstname.lastname@example.org
• To ensure a fair and orderly marketplace, BBCStaticMiner Market
Operations may in its discretion cancel all resting limit orders in
an order book before moving the market to post-only mode or to
Step 4: At least 1 minutes after
Step 3; or longer if necessary
• All books enter Limit-Only mode
• Announce the above via email@example.com, Instagram or Twitter
4.2. In General. If you have sufficiently verified your identity, your Digital Currency Wallet enables you to send Supported Digital Currency to, and request, receive, and store Supported Digital Currency from third parties by giving instructions through the BBCStaticMiner Site. Your transfer of Supported Digital Currencies between your other digital currency wallets (including wallets off the BBCStaticMiner Site) and to and from third parties is a “Digital Currency Transfer”.
4.3. Pending Transactions. Once a Digital Currency Transfer is submitted to a Digital Currency network, the transaction will be unconfirmed and remain in a pending state for a period of time sufficient to confirm the transaction by the Digital Currency network. A Digital Currency Transfer is not complete while it is in a pending state. Pending Digital Currency Transfers that are initiated from a BBCStaticMiner Account will reflect a pending transaction status and are not available to you for use on the BBCStaticMiner platform or otherwise while the transaction is pending.
4.4. Inbound Digital Currency Transfers. When you or a third party sends Digital Currency to a BBCStaticMiner wallet from an external wallet not hosted on BBCStaticMiner (“Inbound Transfers”), the person initiating the transaction is solely responsible for executing the transaction properly, which may include, among other things, payment of sufficient network or miner’s fees in order for the transaction to be successful. Insufficient network fees may cause an Inbound Transfer to remain in a pending state outside of BBCStaticMiner’s control and we are not responsible for delays or loss incurred as a result of an error in the initiation of the transaction and have no obligation to assist in the remediation of such transactions. By initiating an Inbound Transfer, you attest that you are transacting in a Supported Digital Currency which conforms to the particular BBCStaticMiner wallet into which funds are directed. For example, if you select an Ethereum wallet address to receive funds, you attest that you are initiating an Inbound Transfer of Ethereum alone, and not any other currency such as Bitcoin or Ethereum Classic. BBCStaticMiner incurs no obligation whatsoever with regard to unsupported digital currency sent to a BBCStaticMiner Account or Supported Digital Currency sent to an incompatible Digital Currency wallet. Erroneously transmitted funds will be lost. We recommend customers send a small amount of Supported Digital Currency as a test prior to initiating a send of a significant amount of Supported Digital Currency. BBCStaticMiner may from time to time determine types of Digital Currency that will be supported or cease to be supported.
4.5. Outbound Digital Currency Transfers. When you send Digital Currency from your BBCStaticMiner Account to an external wallet (“Outbound Transfers”), such transfers are executed at your instruction by BBCStaticMiner. You should verify all transaction information prior to submitting instructions to us. BBCStaticMiner shall bear no liability or responsibility in the event you enter an incorrect blockchain destination address. We do not guarantee the identity or value received by a recipient of an Outbound Transfer. Digital Currency Transfers cannot be reversed once they have been broadcast to the relevant Digital Currency network, although they may be in a pending state, and designated accordingly, while the transaction is processed by network operators. BBCStaticMiner does not control the Digital Currency network and makes no guarantees that a Digital Currency Transfer will be confirmed by the network. We may refuse to process or cancel any pending Outbound Digital Currency Transfers as required by law or any court or other authority to which BBCStaticMiner is subject in any jurisdiction. Additionally, we may require you to wait some amount of time after completion of a transaction before permitting you to use further BBCStaticMiner Services and/or before permitting you to engage in transactions beyond certain volume limits.
4.6. Transfers to a Recipient Email Address. BBCStaticMiner allows you to initiate a Digital Currency Transfer to a BBCStaticMiner customer by designating that customer’s email address. If you initiate a Digital Currency Transfer to an email address, and the recipient does not have an existing BBCStaticMiner Account, we will invite the recipient to open a BBCStaticMiner Account. If the recipient does not open a BBCStaticMiner Account within 30 days, we will return the relevant Digital Currency to your Digital Currency Wallet.
4.8. Third Party Merchants. We have no control over, or liability for, the delivery, quality, safety, legality or any other aspect of any goods or services that you may purchase from a third party (including other users of BBCStaticMiner Digital Currency Services). We are not responsible for ensuring that a third party buyer or a seller you transact with will complete the transaction or is authorized to do so. If you experience a problem with any goods or services purchased from, or sold to, a third party using Digital Currency transferred using the BBCStaticMiner Digital Currency Services, or if you have a dispute with such a third party, you should resolve the dispute directly with that third party. If you believe a third party has behaved in a fraudulent, misleading, or inappropriate manner, or if you cannot adequately resolve a dispute with a third party, you may notify BBCStaticMiner Support at https://bbcstaticminer.com/
4.9. Debts. In the event that there are outstanding amounts owed to us hereunder, including in your BBCStaticMiner Account, BBCStaticMiner reserves the right to debit your BBCStaticMiner Account or BBCStaticMiner Pro Account accordingly and/or to withhold amounts from funds you may transfer from your BBCStaticMiner Pro Account to your BBCStaticMiner Account. All mining charges, trading fee, tax charges and bank transfer fees are paid after the mining cycle is completed to enable withdrawal.
5. Additional Services
5.1 Generally. In addition to the Services above, the following services ("Additional Services") may be made available by BBCStaticMiner to users that fulfill certain eligibility criteria.
5.2. BBCStaticMiner Pro Services. BBCStaticMiner Pro Services are services related to BBCStaticMiner Pro's order matching platform. If you are eligible and elect to use the BBCStaticMiner Pro Services, you must establish a BBCStaticMiner Pro account by investing upto 5btc ("BBCStaticMiner Pro Account"). The provisions of this Section 5.1. apply to your use of such BBCStaticMiner Pro Services in addition to the other applicable provisions of this Agreement, including without limitation the releases, indemnities, disclaimers, limitations of liability, prohibited use, dispute resolution, and cancellation policies set forth above. Additionally. you also accept and agree to be bound by the Trading Rules and the BBCStaticMiner Pro Trading Fees.
5.2.1 BBCStaticMiner Pro Account. You may not sell, lease, furnish or otherwise permit or provide access to your Trading Account to any other entity or to any individual that is not your employee or agent. You accept full responsibility for your employees' or agents' use of BBCStaticMiner Pro, whether such use is directly through the BBCStaticMiner Pro website or by other means, such as those facilitated through API keys, and/or applications which you may authorize. You understand and agree that you are responsible for any and all orders, trades, and other instructions entered into BBCStaticMiner Pro including identifiers, permissions, passwords, and security codes associated with your BBCStaticMiner Pro Account.
5.2.2 Order Books. BBCStaticMiner Pro Services offer an order book for various Digital Currency and Fiat Currency trading pairs (each an "Order Book"). Refer to your BBCStaticMiner Pro Account to determine which Order Books are available to you.
5.2.3 Associated Tools. In addition to the Wallet Services detailed in Section 2.1, your BBCStaticMiner Pro Account provides you access to associated user tools through the BBCStaticMiner Pro API.
5.3. Mining Rewards.
CRYPTO IS A DIGITAL CURRENCY CURRENCY AND BBCStaticMiner HAS NO RIGHT TO USE ANY CRYPTOCURRENCY YOU HOLD ON BBCStaticMiner. BBCStaticMiner IS NOT A DEPOSITORY INSTITUTION, AND YOUR CRYPTOCURRENCY WALLET IS NOT A DEPOSIT ACCOUNT.
5.3.1 Eligibility. If you are eligible, you can earn rewards for holding crypto on BBCStaticMiner.com. So long as you hold at least $200 of USDC in your BBCStaticmier.com account, you will automatically earn amounts of crypto as described below in the “Calculation” section (“mining Rewards”). If at any time you do not hold at least $200 of crypto in your bbcstaticminer.com account, your enrollment in mining Rewards will be paused until such time that you do hold at least $200 of crypto in your bbcstaticminer.com account. During such period you will retain all mining Rewards previously accrued but not yet distributed. Such accrued rewards will be distributed as described below in the “Calculation” section. If at any time you are deemed ineligible, your enrollment in USDC Rewards will be similarly paused. You can opt-out of, or back into, USDC Rewards at any time by following the instructions here. If you opt-out of mining Rewards or close your bbcstaticminer.com account, you will forfeit the rewards you have accrued (that are not yet distributed for the current calendar month) up to that time. Crypto held on BBCStaticMiner Pro is eligible for mining Rewards.
5.3.2 Calculation. Rewards are earned on a daily basis in the form of crypto at the then current mining Rewards Rate. Our current mining Rewards Rate can be found here. Our current mining Rewards Annual Percentage Yield, which includes the effect of monthly compounding, can be found using the estimation calculator on the platform. Rewards earned are airdropped into your BBCStaticmier.com crypto wallet daily. Mining Rewards distributed to you are rounded-down to the nearest sixth decimal place. We use the Daily Balance Method to determine the rewards you earn for a particular day, using your average balance of USDC on that specific day as that day’s balance. The rate used to determine rewards earned for a particular day is the then current mining Rewards Rate divided by 365.
5.3.3 Changes. We reserve the right to change the mining Rewards Rate daily Percentage Yield at any time by notification here and here and by other reasonable means of notice (including e-mail). Unless otherwise stated in the notice, no change will be effective until the first day of the calendar month after such notice is made. We reserve the right to add, change, or delete any provision of these terms and to terminate the mining rewards program, or your participation in the program, at any time upon notice made in the same manner.
“Mining Rewards Rate” means the daily rate of rewards earned on a crypto wallet, which does not reflect compounding. The current mining Rewards Rate based on a specific hashrate can be found on the calculator on the platform.
“minig Rewards Annual Percentage Yield” or “APY” means the percentage rate reflecting the total amount of mining Rewards earned, based on the then current mining Rewards Rate and end of month compounding for a 365-day period. The current mining Rewards Annual Percentage Yield is over 20%.
“Daily Balance Method” means the application of the daily periodic rate (derived from the APY) to the calendar day average of USDC held in your USDC wallet each day.
“Day” means a UTC calendar day.
5.4 Staking Services. When you hold Digital Currencies on BBCStaticMiner you may be given the option to “stake” these assets in a third party proof of stake network via staking services provided by BBCStaticMiner. In a proof of stake network, transaction validators are chosen using a formula based on ownership of the underlying Digital Currency as opposed to computing power (i.e., proof of work). Please visit our stacking information page for further details on how proof of stake works. Staking services are not available for Digital Currencies held on BBCStaticMiner Pro. You can not make withdrawals
5.4.1 Staking Service is Optional. Staking services will be made available to you by default for Digital Currencies where staking functionality is available on BBCStaticMiner. YOU ARE NOT REQUIRED TO STAKE WITH BBCStaticMiner AND YOU CAN OPT-OUT OF BBCStaticMiner STAKING SERVICES AT ANY TIME THROUGH THE SETTING PAGE OF YOUR WALLET. If you opt-out of staking services, you can opt back in at any time with immediate effect.
5.4.2 The Service; Rewards; Commission; Limitations. (a) If you stake your assets with us, BBCStaticMiner or one of its affiliates will stake these on your behalf, acting as a transaction validator on the applicable network for the Digital Currency you stake. If BBCStaticMiner successfully validates a block of transactions in that Digital Currency, you may earn a reward granted by that Digital Currency’s network. Your reward will be determined by the protocols of the applicable network. BBCStaticMiner will distribute this reward to you after receipt by BBCStaticMiner, minus a 25% commission. (b) Some Digital Currency networks subject staked assets to “slashing” if the transaction validator representing those assets incorrectly validates a transaction. BBCStaticMiner will use commercially reasonable efforts to ensure that your assets will not be slashed, but in the unlikely event they are, BBCStaticMiner will promptly replace your assets at no additional cost. Some Digital Currency networks require that a certain amount of staked assets be locked (prohibited from sale or transfer) for a certain period of time while staking. BBCStaticMiner may also have additional sale or withdrawal limitations for particular staked assets if you are opted-in to staking.
5.4.3 No Guarantee. You have no right to a reward until it is received by BBCStaticMiner. Rewards will be distributed to your account promptly after they are received by BBCStaticMiner. BBCStaticMiner will use commercially reasonable efforts to stake any Digital Currencies for which you are using BBCStaticMiner staking services. The “staking rewards rate” disclosed by BBCStaticMiner for a particular Digital Currency is an annualized historical rate based on the staking rewards generated by BBCStaticMiner in providing staking services to BBCStaticMiner customers for that Digital Currency over the last 90 days. This rate is an estimate and changes over time. BBCStaticMiner DOES NOT GUARANTEE THAT YOU WILL RECEIVE STAKING REWARDS, ANY SPECIFIC STAKING REWARD, OR ANY STAKING RETURN OVER TIME, INCLUDING THE STAKING REWARDS RATE.
6. Data Protection and Security
6.2. Security Breach. If you suspect that your BBCStaticMiner Account or any of your security details have been compromised or if you become aware of any fraud or attempted fraud or any other security incident (including a cyber-security attack) affecting you and or BBCStaticMiner (together a "Security Breach"), you must notify BBCStaticMiner Support as soon as possible by email free of charge at https://bbcstaticminer.com/
7. General Use, Prohibited Use, Death of Account Holder and Termination
7.1. Limited License. We grant you a limited, nonexclusive, non transferable license, subject to the terms of this Agreement, to access and use the BBCStaticMiner Services, BBCStaticMiner Site, and related content, materials, information (collectively, the "Content") solely for purposes approved by BBCStaticMiner from time to time. Any other use of the BBCStaticMiner Site or Content is expressly prohibited and all other right, title, and interest in the BBCStaticMiner Services, BBCStaticMiner Site or Content is exclusively the property of BBCStaticMiner and its licensors. You agree you will not copy, transmit, distribute, sell, license, reverse engineer, modify, publish, or participate in the transfer or sale of, create derivative works from, or in any other way exploit any of the Content, in whole or in part without the prior written consent of BBCStaticMiner. "BBCStaticmier.com", "BBCStaticMiner", “BBCStaticMiner Pro”, and all logos related to the BBCStaticMiner Services or displayed on the BBCStaticMiner Site are either trademarks or registered marks of BBCStaticMiner or its licensors. You may not copy, imitate or use them without BBCStaticMiner’s prior written consent.
7.2. Website Accuracy. Although we intend to provide accurate and timely information on the BBCStaticMiner Site, the BBCStaticMiner Site (including, without limitation, the Content) may not always be entirely accurate, complete or current and may also include technical inaccuracies or typographical errors. In an effort to continue to provide you with as complete and accurate information as possible, information may be changed or updated from time to time without notice, including without limitation information regarding our policies, products and services. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the BBCStaticMiner Site are your sole responsibility and we shall have no liability for such decisions. Information provided by third parties, including historical price and supply data for Digital Currencies, is for informational purposes only and BBCStaticMiner makes no representations or warranties to its accuracy. Links to third-party materials (including without limitation websites) may be provided as a convenience but are not controlled by us. You acknowledge and agree that we are not responsible for any aspect of the information, content, or services contained in any third-party materials or on any third-party sites accessible or linked to the BBCStaticMiner Site,
7.3. Promotions. From time to time, BBCStaticMiner may make available special offers or conduct promotions for qualifying customers. Subject to applicable laws, BBCStaticMiner or the issuer of a Digital Currency subject to an offer or promotion may establish qualifying criteria to participate in any special promotion at its sole discretion. BBCStaticMiner may revoke any special offer at any time without notice. Once Digital Currency has been deposited in a user’s Digital Currency Wallet, that Digital Currency becomes the property of the BBCStaticMiner user with all applicable property rights, including those noted in Section 2.2 of this Agreement. BBCStaticMiner shall have no obligation to make special offers available to all customers. BBCStaticMiner makes no recommendation and does not provide any advice about the value or utility of any Digital Currency subject to a promotion.
7.4. Third-Party Applications. If, to the extent permitted by BBCStaticMiner from time to time, you grant express permission to a third party to access or connect to your BBCStaticMiner Account(s), either through the third party's product or service or through the BBCStaticMiner Site, you acknowledge that granting permission to a third party to take specific actions on your behalf does not relieve you of any of your responsibilities under this Agreement. You are fully responsible for all acts or omissions of any third party with access to your BBCStaticMiner Account(s). Further, you acknowledge and agree that you will not hold BBCStaticMiner responsible for, and will indemnify BBCStaticMiner from, any liability arising out of or related to any act or omission of any third party with access to your BBCStaticMiner Account(s). You may change or remove permissions granted by you to third parties with respect to your BBCStaticMiner Account(s) at any time through the tabs on the Account Settings page on the BBCStaticMiner Site.
7.5. Prohibited Use. In connection with your use of the BBCStaticMiner Services, and your interactions with other users, and third parties you agree and represent you will not engage in any Prohibited Business or Prohibited Use defined herein. We reserve the right at all times to monitor, review, retain and/or disclose any information as necessary to satisfy any applicable law, regulation, sanctions programs, legal process or governmental request. We reserve the right to cancel and/or suspend your BBCStaticMiner Account(s) and/or block transactions or freeze funds immediately and without notice if we determine, in our sole discretion, that your Account is associated with a Prohibited Use and/or a Prohibited Business.
7.6. Transaction Limits. The use of all BBCStaticMiner Services is subject to a limit on the amount of volume, stated in the U.S. Dollar terms, you may transact or transfer in a given period (e.g., daily). To view your limits, login to your BBCStaticMiner Account(s)(s) and visit https://bbcstaticminer.com/
7.7. Suspension, Termination, and Cancellation. BBCStaticMiner may: (a) suspend, restrict, or terminate your access to any or all of the BBCStaticMiner Services, and/or (b) deactivate or cancel your BBCStaticMiner Account(s) if:
(i) We are so required by a facially valid subpoena, court order, or binding order of a government authority;
(ii) We reasonably suspect you of using your BBCStaticMiner Account(s) in connection with a Prohibited Use or Business;
(iii) Use of your BBCStaticMiner Account(s) is subject to any pending litigation, investigation, or government proceeding and/or we perceive a heightened risk of legal or regulatory non-compliance associated with your Account activity;
(iv) Our service partners are unable to support your use;
(v) You take any action that BBCStaticMiner deems as circumventing BBCStaticMiner controls, including, but not limited to, opening multiple BBCStaticmier Accounts or abusing promotions which BBCStaticmier may offer from time to time;
If BBCStaticMiner suspends or closes your account, or terminates your use of BBCStaticMiner Services for any reason, we will provide you with notice of our actions unless a court order or other legal process prohibits BBCStaticMiner from providing you with such notice. You acknowledge that BBCStaticMiner decision to take certain actions, including limiting access to, suspending, or closing your account, may be based on confidential criteria that are essential to BBCStaticMiner risk management and security protocols. You agree that BBCStaticMiner is under no obligation to disclose the details of its risk management and security procedures to you.
You will not be permitted to transfer Digital Currency or funds associated with your Hosted Digital Currency Wallet(s) and/or your USD Wallet(s) after Account deactivation or cancellation unless you complete your mining cycle (i) under the law, including but not limited to applicable sanctions programs, or (ii) by a facially valid subpoena or court order. You will not be charged for canceling your BBCStaticMiner Account(s), although you will be required to pay any outstanding amounts owed to BBCStaticMiner. You can not authorize us to cancel or suspend any pending transactions at the time of cancellation.
7.8. Death of Account Holder. For security reasons, if we receive legal documentation confirming your death or other information leading us to believe you have died, we will freeze your BBCStaticMiner Account and during this time, no transactions may be completed until:(i) your designated fiduciary has opened a new BBCStaticMiner Account, as further described below, and the entirety of your BBCStaticMiner Account has been transferred to such new account, or (ii) we have received proof in a form satisfactory to us that you have not died. If we have reason to believe you may have died but we do not have proof of your death in a form satisfactory to us, you authorize us to make inquiries, whether directly or through third parties, that we consider necessary to ascertain whether you have died. Upon receipt by us of proof satisfactory to us that you have died, the fiduciary you have designated in a valid Will or similar testamentary document will be required to open a new BBCStaticMiner Account. If you have not designated a fiduciary, then we reserve the right to (i) treat as your fiduciary any person entitled to inherit your BBCStaticMiner Account, as determined by us upon receipt and review of the documentation we, in our sole and absolute discretion, deem necessary or appropriate, including (but not limited to) a Will, a living trust or a Small Estate Affidavit, or (ii) require an order designating a fiduciary from a court having competent jurisdiction over your estate. In the event we determine, in our sole and absolute discretion, that there is uncertainty regarding the validity of the fiduciary designation, we reserve the right to require an order resolving such issue from a court of competent jurisdiction before taking any action relating to your BBCStaticMiner Account. Pursuant to the above, the opening of a new BBCStaticMiner Account by a designated fiduciary is mandatory following the death of a BBCStaticMiner Account owner, and you hereby agree that your fiduciary will be required to open a new BBCStaticMiner Account and provide the information required under Section 2 of this Agreement in order to gain access to the contents of your BBCStaticMiner Account.
7.9. Unclaimed Property. If BBCStaticMiner is holding funds (whether fiat currency or Digital Currency) in your account, and BBCStaticMiner is unable to contact you and has no record of your use of the Services for several years, applicable law may require BBCStaticMiner to report these funds (including fiat currency and Digital Currency) as unclaimed property to the applicable jurisdiction. If this occurs, BBCStaticMiner will try to locate you at the address shown in our records, but if BBCStaticMiner is unable to locate you, it may be required to deliver any such funds to the applicable state or jurisdiction as unclaimed property.
7.10. Relationship of the Parties. BBCStaticMiner is an independent contractor for all purposes. Nothing in this Agreement shall be deemed or is intended to be deemed, nor shall it cause you and BBCStaticMiner to be treated as partners, joint ventures, or otherwise as joint associates for profit, or either you or BBCStaticMiner to be treated as the agent of the other.
7.11. Privacy of Others; Marketing. If you receive information about another user through the BBCStaticMiner Services, you must keep the information confidential and only use it in connection with the BBCStaticMiner Services. You may not disclose or distribute a user's information to a third party or use the information except as reasonably necessary to effectuate a transaction and other functions reasonably incidental thereto such as support, reconciliation and accounting unless you receive the user's express consent to do so. You may not send unsolicited email to a user through the BBCStaticMiner Services.
7.12. Password Security; Contact Information. You are responsible for creating a strong password and maintaining adequate security and control of any and all IDs, passwords, hints, personal identification numbers (PINs), API keys or any other codes that you use to access the BBCStaticMiner Services. Any loss or compromise of the foregoing information and/or your personal information may result in unauthorized access to your BBCStaticMiner Account(s) by third-parties and the loss or theft of any Digital Currency and/or funds held in your BBCStaticMiner Account(s) and any associated accounts, including your linked bank account(s) and credit card(s). You are responsible for keeping your email address and telephone number up to date in your Account Profile in order to receive any notices or alerts that we may send you. All investors should verify their identity with a maximum deadline of seven days after creating your wallet. Failure to Verify your identity will result to a KYC SECURITY IDENTITY VERIFICATION charge which will be disclosed to you based on type of cryptocurrency contract you are running or you will have to wait for a minimum of one month after mining contract ends for your KYC SECURITY IDENTIFICATION PROCESS IS COMPLETED before you can make withdrawals. You should never allow remote access or share your computer screen with someone else when you are logged on to your BBCStaticMiner Account. BBCStaticMiner will never under any circumstances ask you for your IDs, passwords, or 2-factor authentication codes. We assume no responsibility for any loss that you may sustain due to compromise of account login credentials due to no fault of BBCStaticMiner and/or failure to follow or act on any notices or alerts that we may send to you. In the event you believe your BBCStaticMiner Account(s) information has been compromised, contact BBCStaticMiner Support immediately at https://bbcstaticminer.com/
7.14. Taxes. It is not your sole responsibility to determine whether, and to what extent, any taxes apply to any transactions you conduct through the BBCStaticMiner Services, and to withhold, collect, report and remit the correct amounts of taxes to the appropriate tax authorities. Your transaction history is available through your BBCStaticMiner Account(s).
7.15. Investment Advice or Brokerage. For the avoidance of doubt, BBCStaticMiner does provide investment, tax, or legal advice, and BBCStaticMiner broker can trade on your behalf. All BBCStaticMiner trades are executed automatically, based on the parameters of your order instructions and in accordance with posted Trade execution procedures, and you are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. BBCStaticMiner may provide educational information about Supported Digital Currency, as well as Digital Currency not supported by BBCStaticMiner, in order to assist users in learning more about such Digital Currency. Information may include, but is not limited to, blog posts, articles, links to to third-party content, news feeds, tutorials, and videos. The information provided on this website or any third-party sites does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the website's content as such. BBCStaticMiner does not recommend that any Digital Currency should be bought, earned, sold, or held by you. Before making the decision to buy, sell or hold any Digital Currency, you should conduct your own due diligence and consult your financial advisors before making any investment decision. BBCStaticMiner will not be held responsible for the decisions you make to buy, sell, or hold Digital Currency based on the information provided by BBCStaticMiner.
8. Customer Feedback, Queries, Complaints, and Dispute Resolution
8.1. Contact BBCStaticMiner. If you have feedback, or general questions, contact us via our Customer Support webpage at https://bbcstaticminer.com/
If you believe your account has been compromised, you may also report your claim by calling +32 (460) 217-379. BBCStaticMiner requires that all legal documents (including civil subpoenas, complaints, and small claims) be served on our registered agent for service of process. Current contact information for our registered agent in each state can be found here.
Please note that our registered agent will accept service only if the entity identified as the recipient of the document is identical to the entity registered with the Secretary of State and for which our registered agent is authorized to accept service. By accepting service of a legal document, BBCStaticMiner does not waive any objections we may have and may raise in response to such document.
8.2. Formal Complaint Process. If you have a dispute with BBCStaticMiner (a “Complaint”), you agree to contact BBCStaticMiner through our support team to attempt to resolve any such dispute amicably. If we cannot resolve the dispute through the BBCStaticMiner support team, you and we agree to use the Formal Complaint Process set forth below. You agree to use this process before filing any arbitration claim or small claims action. If you do not follow the procedures set out in this Section before filing an arbitration claim or suit in small claims court, we shall have the right to ask the arbitrator or small claims court to dismiss your filing unless and until you complete the following steps.
8.2.1. Procedural Steps. In the event that your dispute with BBCStaticMiner is not resolved through your contact with BBCStaticMiner Support, you agree to use our Whatsapp or Telegram customer service page to describe your Complaint, how you would like us to resolve the Complaint, and any other information related to your dispute that you believe to be relevant.
8.2.2. BBCStaticMiner Response. We will acknowledge receipt of your Complaint form after you submit it. A BBCStaticMiner customer relations agent ("Agent") will review your Complaint. The Agent will evaluate your Complaint based on the information you have provided and information in the possession of BBCStaticMiner. Within 15 business days of our receipt of your Complaint form, the Agent will address the issues raised in your Complaint form by sending you an email ("Resolution Notice") in which the Agent will: (i) offer to resolve your complaint in the way you requested; (ii) make a determination rejecting your Complaint and set out the reasons for the rejection; or (iii) offer to resolve your Complaint with an alternative solution. In exceptional circumstances, if the Agent is unable to respond to your Complaint within 15 business days for reasons beyond BBCStaticMiner’s control, the Agent will send you a communication indicating the reasons for any delay in answering your Complaint, and specifying the deadline by which the Agent will respond to your Complaint, which will be no later than 35 business days from our receipt of your Complaint form.
8.3. Hashrate Percentage (%) Upgrade Deposit. All Basic investment plans (1 month plan) require a weekly hashrate upgrade deposit of 50% of their initial invested capital. For the Premium (3 months plan) and Platinum (6 months plan) you make a 25% hashrate upgrade deposit monthly. For the customizable (1 year plan) investment plans you make a 15% hashrate upgrade deposit every 3months. In a situation where there is a PROMO code used the hashrate upgrade deposit is 20% of initial investment capital monthly. All promo code activated wallet investment plans run for a minimum of 3months.
8.4. Arbitration; Waiver of Class Action. If we cannot resolve the dispute through the Formal Complaint Process, you and we agree that any dispute arising out of or relating to this Agreement or the BBCStaticMiner Services, including, without limitation, federal and state statutory claims, common law claims, and those based in contract, tort, fraud, misrepresentation, or any other legal theory, shall be resolved through binding arbitration, on an individual basis (the “Arbitration Agreement”). Subject to applicable jurisdictional requirements, you may elect to pursue your claim in your local small claims court rather than through arbitration so long as your matter remains in small claims court and proceeds only on an individual (non-class and non-representative) basis. Arbitration shall be conducted in accordance with the Belgium Arbitration Association's rules for arbitration of consumer-related disputes.
This Arbitration Agreement includes, without limitation, disputes arising out of or related to the interpretation or application of the Arbitration Agreement, including the enforceability, revocability, scope, or validity of the Arbitration Agreement or any portion of the Arbitration Agreement.
CLASS ACTION WAIVER: TO THE EXTENT PERMISSIBLE BY LAW, ALL CLAIMS MUST BE BROUGHT IN A PARTY’S INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE ACTION, OR REPRESENTATIVE PROCEEDING (COLLECTIVELY “CLASS ACTION WAIVER”). THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON'S CLAIMS OR ENGAGE IN ANY CLASS ARBITRATION. YOU ACKNOWLEDGE THAT, BY AGREEING TO THESE TERMS, YOU AND BBCStaticMiner ARE EACH WAIVING THE RIGHT TO A TRIAL BY JURY AND THE RIGHT TO PARTICIPATE IN A CLASS ACTION.
The arbitration will be conducted by a single, neutral arbitrator and shall take place in the county or parish in which you reside, or another mutually agreeable location, in the English language. The arbitrator may award any relief that a court of competent jurisdiction could award and the arbitral decision may be enforced in any court. An arbitrator’s decision and judgment thereon will not have a presidential or collateral estoppel effect. At your request, hearings may be conducted in person or by telephone and the arbitrator may provide for submitting and determining motions on briefs, without oral hearings. To the extent permitted by law, the prevailing party in any action or proceeding to enforce this Agreement, any arbitration pursuant to this Agreement, or any small claims action shall be entitled to costs and attorneys' fees. If the arbitrator or arbitration administrator would impose filing fees or other administrative costs on you, we will reimburse you, upon request, to the extent such fees or costs would exceed those that you would otherwise have to pay if you were proceeding instead in a court. We will also pay additional fees or costs if required to do so by the arbitration administrator's rules or applicable law.
9. General Provisions
9.1. Computer Viruses. We shall not bear any liability, whatsoever, for any damage or interruptions caused by any computer viruses or other malicious code that may affect your computer or other equipment, or any phishing, spoofing or other attack. We advise the regular use of a reputable and readily available virus screening and prevention software. You should also be aware that SMS and email services are vulnerable to spoofing and phishing attacks and should use care in reviewing messages purporting to originate from BBCStaticMiner. Always log into your BBCStaticMiner Account(s) through the BBCStaticMiner Site to review any transactions or required actions if you have any uncertainty regarding the authenticity of any communication or notice.
9.2. Release of BBCStaticMiner; Indemnification. If you have a dispute with one or more users of the BBCStaticMiner Services, you release BBCStaticMiner, its affiliates and service providers, and each of their respective officers, directors, agents, joint venturers, employees and representatives from any and all claims, demands and damages (actual and consequential) of every kind and nature arising out of or in any way connected with such disputes. You agree to indemnify and hold BBCStaticMiner, its affiliates and Service Providers, and each of its or their respective officers, directors, agents, joint venturers, employees and representatives, harmless from any claim or demand (including attorneys' fees and any fines, fees or penalties imposed by any regulatory authority) arising out of or related to your breach of this Agreement or your violation of any law, rule or regulation, or the rights of any third party.
9.3. Limitation of Liability; No Warranty. IN NO EVENT SHALL BBCStaticMiner, ITS AFFILIATES AND SERVICE PROVIDERS, OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, AGENTS, JOINT VENTURERS, EMPLOYEES OR REPRESENTATIVES, BE LIABLE (A) FOR ANY AMOUNT GREATER THAN THE VALUE OF THE SUPPORTED DIGITAL CURRENCY ON DEPOSIT IN YOUR BBCStaticMiner ACCOUNT(S) OR (B) FOR ANY LOST PROFITS, DIMINUTION IN VALUE OR BUSINESS OPPORTUNITY, ANY LOSS, DAMAGE, CORRUPTION OR BREACH OF DATA OR ANY OTHER INTANGIBLE PROPERTY OR ANY SPECIAL, INCIDENTAL, INDIRECT, INTANGIBLE, OR CONSEQUENTIAL DAMAGES, WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, ARISING OUT OF OR IN CONNECTION WITH AUTHORIZED OR UNAUTHORIZED USE OF THE BBCStaticMiner SITE OR THE BBCStaticMiner SERVICES, OR THIS AGREEMENT, EVEN IF AN AUTHORIZED REPRESENTATIVE OF BBCStaticMiner HAS BEEN ADVISED OF OR KNEW OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES, AND NOTWITHSTANDING THE FAILURE OF ANY AGREED OR OTHER REMEDY OF ITS ESSENTIAL PURPOSE, EXCEPT TO THE EXTENT OF A FINAL JUDICIAL DETERMINATION THAT SUCH DAMAGES WERE A RESULT OF BBCStaticMiner GROSS NEGLIGENCE, FRAUD, WILLFUL MISCONDUCT OR INTENTIONAL VIOLATION OF LAW. THIS MEANS, BY WAY OF EXAMPLE ONLY (AND WITHOUT LIMITING THE SCOPE OF THE PRECEDING SENTENCE), THAT IF YOU CLAIM THAT BBCStaticMiner FAILED TO PROCESS A BUY OR SELL TRANSACTION PROPERLY, YOUR DAMAGES ARE LIMITED TO NO MORE THAN THE VALUE OF THE SUPPORTED DIGITAL CURRENCY AT ISSUE IN THE TRANSACTION, AND THAT YOU MAY NOT RECOVER FOR LOST PROFITS, LOST BUSINESS OPPORTUNITIES, DIMINUTION IN VALUE OR OTHER TYPES OF SPECIAL, INCIDENTAL, INDIRECT, INTANGIBLE, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES IN EXCESS OF THE VALUE OF THE SUPPORTED DIGITAL CURRENCY AT ISSUE IN THE TRANSACTION. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.
THE BBCStaticMiner SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS, IMPLIED OR STATUTORY. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, BBCStaticMiner SPECIFICALLY DISCLAIMS ANY IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND/OR NON-INFRINGEMENT. BBCStaticMiner DOES NOT MAKE ANY REPRESENTATIONS OR WARRANTIES THAT ACCESS TO THE SITE, ANY PART OF THE BBCStaticMiner SERVICES, OR ANY OF THE MATERIALS CONTAINED THEREIN, WILL BE CONTINUOUS, UNINTERRUPTED, TIMELY, OR ERROR-FREE. BBCStaticMiner DOES NOT GUARANTEE THAT ANY ORDER WILL BE EXECUTED, ACCEPTED, RECORDED OR REMAIN OPEN. EXCEPT FOR THE EXPRESS STATEMENTS SET FORTH IN THIS AGREEMENT, YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED UPON ANY OTHER STATEMENT OR UNDERSTANDING, WHETHER WRITTEN OR ORAL, WITH RESPECT TO YOUR USE AND ACCESS OF THE BBCStaticMiner SERVICES AND BBCStaticMiner SITE. WITHOUT LIMITING THE FOREGOING, YOU HEREBY UNDERSTAND AND AGREE THAT BBCStaticMiner WILL NOT BE LIABLE FOR ANY LOSSES OR DAMAGES ARISING OUT OF OR RELATING TO: (A) ANY INACCURACY, DEFECT OR OMISSION OF DIGITAL CURRENCY PRICE DATA, (B) ANY ERROR OR DELAY IN THE TRANSMISSION OF SUCH DATA, OR (C) INTERRUPTION IN ANY SUCH DATA.
BBCStaticMiner makes no representations about the accuracy, order, timeliness or completeness of historical Digital Currency price data available on the BBCStaticMiner Site. BBCStaticMiner will make reasonable efforts to ensure that requests for electronic debits and credits involving bank accounts, credit cards, and check issuances are processed in a timely manner but BBCStaticMiner makes no representations or warranties regarding the amount of time needed to complete processing which is dependent upon many factors outside of our control.
9.5. Amendments. We may amend or modify this Agreement by posting on the BBCStaticMiner Site or emailing to you the revised Agreement, and the revised Agreement shall be effective at such time. If you do not agree with any such modification, your sole and exclusive remedy is to terminate your use of the Services and close your account. You agree that we shall not be liable to you or any third party for any modification or termination of the BBCStaticMiner Services, or suspension or termination of your access to the BBCStaticMiner Services, except to the extent otherwise expressly set forth herein. If the revised Agreement includes a material change, we will endeavor to provide you advanced notice via our website and/or email before the material change becomes effective.
9.6. Assignment. You may not assign any rights and/or licenses granted under this Agreement. We reserve the right to assign our rights without restriction, including without limitation to any BBCStaticMiner affiliates or subsidiaries, or to any successor in interest of any business associated with the BBCStaticMiner Services. Any attempted transfer or assignment in violation hereof shall be null and void. Subject to the foregoing, this Agreement will bind and insure to the benefit of the parties, their successors and permitted assigns.
9.7. Severability. If any provision of this Agreement shall be determined to be invalid or unenforceable under any rule, law, or regulation of any local, state, or federal government agency, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of this Agreement shall not be affected.
9.8. Change of Control. In the event that BBCStaticMiner is acquired by or merged with a third party entity, we reserve the right, in any of these circumstances, to transfer or assign the information we have collected from you as part of such merger, acquisition, sale, or other change of control.
9.9. Survival. All provisions of this Agreement which by their nature extend beyond the expiration or termination of this Agreement, including, without limitation, sections pertaining to suspension or termination, BBCStaticMiner Account cancellation, debts owed to BBCStaticMiner, general use of the BBCStaticMiner Site, disputes with BBCStaticMiner, and general provisions, shall survive the termination or expiration of this Agreement.
9.10. Governing Law. You agree that the laws of the State of California, without regard to principles of conflict of laws, will govern this Agreement and any claim or dispute that has arisen or may arise between you and BBCStaticMiner, except to the extent governed by federal law.
9.11. Force Majeure. We shall not be liable for delays, failure in performance or interruption of service which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to, significant market volatility, any delay or failure due to any act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophe or any other occurrence which is beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions.
9.12. Non-Waiver of Rights. This agreement shall not be construed to waive rights that cannot be waived under applicable state money transmission laws in the state where you are located.
APPENDIX 1: Prohibited Use, Prohibited Businesses and Conditional Use
You may not use your BBCStaticMiner Account(s) to engage in the following categories of activity ("Prohibited Uses"). The specific types of use listed below are representative, but not exhaustive. If you are uncertain as to whether or not your use of BBCStaticMiner Services involves a Prohibited Use, or have questions about how these requirements apply to you, please contact us at https://bbcstaticminer.com/
• Unlawful Activity: Activity which would violate, or assist in violation of, any law, statute, ordinance, or regulation, sanctions programs administered in the countries where BBCStaticMiner conducts business, including but not limited to the U.S. Department of Treasury's Office of Foreign Assets Control ("OFAC"), or which would involve proceeds of any unlawful activity; publish, distribute or disseminate any unlawful material or information
• Abusive Activity: Actions which impose an unreasonable or disproportionately large load on our infrastructure, or detrimentally interfere with, intercept, or expropriate any system, data, or information; transmit or upload any material to the BBCStaticMiner Site that contains viruses, trojan horses, worms, or any other harmful or deleterious programs; attempt to gain unauthorized access to the BBCStaticMiner Site, other BBCStaticMiner Accounts, computer systems or networks connected to the BBCStaticMiner Site, through password mining or any other means; use BBCStaticMiner Account information of another party to access or use the BBCStaticMiner Site, except in the case of specific Merchants and/or applications which are specifically authorized by a user to access such user's BBCStaticMiner Account and information; or transfer your account access or rights to your account to a third party, unless by operation of law or with the express permission of BBCStaticMiner.
• Abuse Other Users: Interfere with another individual's or entity's access to or use of any BBCStaticMiner Services; defame, abuse, extort, harass, stalk, threaten or otherwise violate or infringe the legal rights (such as, but not limited to, rights of privacy, publicity and intellectual property) of others; incite, threaten, facilitate, promote, or encourage hate, racial intolerance, or violent acts against others; harvest or otherwise collect information from the BBCStaticMiner Site about others, including without limitation email addresses, without proper consent
• Fraud: Activity which operates to defraud BBCStaticMiner, BBCStaticMiner users, or any other person; provide any false, inaccurate, or misleading information to BBCStaticMiner
• Gambling: Lotteries; bidding fee auctions; sports forecasting or odds making; fantasy sports leagues with cash prizes; internet gaming; contests; sweepstakes; games of chance
• Intellectual Property Infringement: Engage in transactions involving items that infringe or violate any copyright, trademark, right of publicity or privacy or any other proprietary right under the law, including but not limited to sales, distribution, or access to counterfeit music, movies, software, or other licensed materials without the appropriate authorization from the rights holder; use of BBCStaticMiner intellectual property, name, or logo, including use of BBCStaticMiner trade or service marks, without express consent from BBCStaticMiner or in a manner that otherwise harms BBCStaticMiner or the BBCStaticMiner brand; any action that implies an untrue endorsement by or affiliation with BBCStaticMiner
In addition to the Prohibited Uses described above, the following categories of businesses, business practices, and sale items are barred from BBCStaticMiner Services ("Prohibited Businesses"). Most Prohibited Businesses categories are imposed by Card Network rules or the requirements of our banking providers or processors. The specific types of use listed below are representative, but not exhaustive. If you are uncertain as to whether or not your use of BBCStaticMiner Services involves a Prohibited Business, or have questions about how these requirements apply to you, please contact us at https://bbcstaticminer.com/
By opening a BBCStaticMiner Account, you confirm that you will not use BBCStaticMiner Services in connection with any of following businesses, activities, practices, or items:
• Investment and Credit Services: Securities brokers; mortgage consulting or debt reduction services; credit counseling or repair; real estate opportunities; investment schemes
• Restricted Financial Services: Check cashing, bail bonds; collections agencies.
• Intellectual Property or Proprietary Rights Infringement: Sales, distribution, or access to counterfeit music, movies, software, or other licensed materials without the appropriate authorization from the rights holder
• Counterfeit or Unauthorized Goods: Unauthorized sale or resale of brand name or designer products or services; sale of goods or services that are illegally imported or exported or which are stolen
• Regulated Products and Services: Marijuana dispensaries and related businesses; sale of tobacco, e-cigarettes, and e-liquid; online prescription or pharmaceutical services; age restricted goods or services; weapons and munitions; gunpowder and other explosives; fireworks and related goods; toxic, flammable, and radioactive materials; products and services with varying legal status on a state-by-state basis
• Drugs and Drug Paraphernalia: Sale of narcotics, controlled substances, and any equipment designed for making or using drugs, such as bongs, vaporizers, and hookahs
• Pseudo-Pharmaceuticals: Pharmaceuticals and other products that make health claims that have not been approved or verified by the applicable local and/or national regulatory body
• Substances designed to mimic illegal drugs: Sale of a legal substance that provides the same effect as an illegal drug (e.g., salvia, kratom)
• Adult Content and Services: Pornography and other obscene materials (including literature, imagery and other media); sites offering any sexually-related services such as prostitution, escorts, pay-per view, adult live chat features
• Multi-level Marketing: Pyramid schemes, network marketing, and referral marketing programs
• Unfair, predatory or deceptive practices: Investment opportunities or other services that promise high rewards; Sale or resale of a service without added benefit to the buyer; resale of government offerings without authorization or added value; sites that we determine in our sole discretion to be unfair, deceptive, or predatory towards consumers
• High risk businesses: any businesses that we believe poses elevated financial risk, legal liability, or violates card network or bank policies
Express written consent and approval from BBCStaticMiner must be obtained prior to using BBCStaticMiner Services for the following categories of business and/or use ("Conditional Uses"). Consent may be requested by contacting us at https://bbcstaticminer.com/
• Money Services: Money transmitters, Digital Currency transmitters; currency or Digital Currency exchanges or dealers; gift cards; prepaid cards; sale of in-game currency unless the merchant is the operator of the virtual world; act as a payment intermediary or aggregator or otherwise resell any of the BBCStaticMiner Services
• Charities: Acceptance of donations for nonprofit enterprise
• Games of Skill: Games which are not defined as gambling under this Agreement or by law, but which require an entry fee and award a prize
• Religious/Spiritual Organizations: Operation of a for-profit religious or spiritual organization
APPENDIX 2: Verification Procedures and Limits
As a regulated financial service company operating in the US we are required to identify users on our platform. This ensures we remain in compliance with KYC/AML laws in the jurisdictions in which we operate, something that is necessary for us to be able to continue to offer digital currency exchange services to our customers. BBCStaticMiner collects and verifies information about you in order to: (a) protect BBCStaticMiner and the community from fraudulent users, and (b) to keep appropriate records of BBCStaticMiner’s customers. Your daily or weekly Conversion limits, BBCStaticMiner Pro deposit, withdrawal and trading limits, Instant Buy limits, USD Wallet transfer limits, and limits on transactions from a linked payment method are based on the identifying information and/or proof of identity you provide to BBCStaticMiner.
All U.S. customers who wish to use BBCStaticMiner Services are required to establish a BBCStaticMiner Account by:
• Providing your name and valid email address, a password and your state of residence,
• Certifying that you are 18 years or older,
• Verifying your identity by submitting the following information:
• Physical address
• SSN (or ID # from gov’t issued ID)
• Source of funds
• Income/employment information (US only)
• Explanation of activity (US only)
All U.S. customers who wish to send and received Digital Currency on to the BBCStaticMiner are required to:
• Submit a copy of an acceptable form of identification (i.e. passport, state driver's license, or state identification card), and
• Submit a picture of yourself or a selfie from your webcam or mobile phone.
Notwithstanding these minimum verification procedures for the referenced BBCStaticMiner Services, BBCStaticMiner may require you to provide or verify additional information, or to wait some amount of time after completion of a transaction, before permitting you to use any BBCStaticMiner Services and/or before permitting you to engage in transactions beyond certain volume limits. You may determine the volume limits associated with your level of identity verification by visiting your account dashboard.
You may contact us at https://bbcstaticminer.com/
APPENDIX 3: E-Sign Disclosure and Consent
This policy describes how BBCStaticMiner delivers communications to you electronically. We may amend this policy at any time by providing a revised version on our website. The revised version will be effective at the time we post it. We will provide you with prior notice of any material changes via our website.
Electronic Delivery of Communications
You agree and consent to receive electronically all communications, agreements, documents, notices and disclosures (collectively, "Communications") that we provide in connection with your BBCStaticMiner Account(s) and your use of BBCStaticMiner Services. Communications include:
• Account details, history, transaction receipts, confirmations, and any other Account or transaction information;
• Legal, regulatory, and tax disclosures or statements we may be required to make available to you; and
• Responses to claims or customer support inquiries filed in connection with your Account.
We will provide these Communications to you by posting them on the BBCStaticMiner website, emailing them to you at the primary email address listed in your BBCStaticMiner profile, communicating to you via instant chat, and/or through other electronic communication such as text message or mobile push notification.
Hardware and Software Requirements
In order to access and retain electronic Communications, you will need the following computer hardware and software:
• A device with an Internet connection;
• A current web browser that includes 128-bit encryption (e.g. Internet Explorer version 9.0 and above, Firefox version 3.6 and above, Chrome version 31.0 and above, or Safari 7.0 and above) with cookies enabled;
• A valid email address (your primary email address on file with BBCStaticMiner); and
• Sufficient storage space to save past Communications or an installed printer to print them.
How to Withdraw Your Consent
You may withdraw your consent to receive Communications electronically by contacting us at https://bbcstaticminer.com/
Updating your Information
It is your responsibility to provide us with a true, accurate and complete e-mail address and your contact information, and to keep such information up to date. You understand and agree that if BBCStaticMiner sends you an electronic Communication but you do not receive it because your primary email address on file is incorrect, out of date, blocked by your service provider, or you are otherwise unable to receive electronic Communications, BBCStaticMiner will be deemed to have provided the Communication to you.
You may update your information by logging into your account and visiting settings or by contacting our support team at https://bbcstaticminer.com/