General Conditions LiteBit.eu
LiteBit.eu is a trademark from 2525 Ventures B.V. registered at the Chamber of Commerce with number: 63661438
With every purchase and sale through LiteBit.eu you agree with our General Conditions:
Bitcoins: a digital currency but not limited for Bitcoins only. Bitcoins can be replaced with every digital currency supplied on our website.
Buy Bitcoins or other crypto currency from LiteBit.eu
- All purchases involve digital goods without a fixed value. With every payment for crypto currencies you agree with the price that LiteBit.eu have determined for you.
- You understand that all rates are variable and can change anytime.
- You are responsible for entering the correct recipient address.
- If you entered a wrong wallet address we will send you a message. After 30 days the purchased cryptocurrency will be sold and we will refund this amount, you will not receive the cryptocurreny.
- After placing your order you need to make a one-time verification of your bank account (IBAN), if this verification has not been received within 30 days LiteBit will sell the purchased cryptocurrency and issue a refund for this amount to the used bank account (IBAN). You will lose your crypto currency order.
- With every buy order you are required to full fill the invoice amount. This amount can be fulfilled with one of our offered payment methods.
- In case of SOFORT Überweisung you agree that you will full fill the payment through the system of SOFORT Überweisung. The clearing of your payment is your responsibility.
- The delivery of your crypto currencies takes place by the provision of a coin transaction to the specified coinadres. We ensure you to send a successful transaction, that immediately send to the corresponding crypto currency-network. We have no influence on the speed of the transaction, it may take up to 24 hours, if a problem does arise then you have the right to contact our support department.
- A completed transaction (delivery of our products) can not be undone.
- If you fill in the address of someone else then this is at your own risk and we can't undo the transaction.
- When an unusual situation takes place we might hold your orders till further verification.
- If you fill in a invalid deliveryaddress our system will notice and show you a message on the order page. It is your responsebility to make contact with LiteBit.eu
- On suspicion of criminal activities LiteBit.eu reserves the right to suspend the transaction till the buyer is verified. We do this by telephone or e-mail if possible.
- All crypto currencies ordered at LiteBit.eu cannot be refunded, but you can sell these back to LiteBit.eu at the price offered by LiteBit.eu.
- LiteBit.eu is allowed to cancel your order if the price or buyer is not thrustworthy. LiteBit.eu will return your money instantly if this occurs.
- You are responsible for saving your crypto currencies. LiteBit.eu offers many tips on the website.
- LiteBit stocks can be empty sometimes due to the big varierty of cryptocurrencies, please wait for your order to arrive.
Sell Bitcoins or other crypto currency to LiteBit.eu
- You sell digital goods to LiteBit.eu.
- For every application, LiteBit.eu will generate a unique address for your order. After we received the payment we will carry out the transaction on the next business day (weekends/holidays excluded).
- You must deposit the correct amount at the address given by LiteBit.eu. Deposit your crypto currencies within 15 minutes and the transaction
must be confirmed by the blockchain within 2 hours. If we do not receive the correct amount within 15 minutes OR within the confirmation timelimit, we will consider the transaction invalid and we will recalculate your order once it has been resolved.
- You agree that no tax is deducted from the sold crypto currencies.
- You agree that the crypto currencies offered legitimately acquired and you do not know of any possible illegal activities.
- You agree to be the owner of the account number and any other information you have given to be have truthful.
- LiteBit.eu is allowed to cancel your sell orders, the crypto currencies will be paid back to the given returnaddress.
- It is the responsibility of the vendor to provide the correct information. We carry trades almost immediately after the crypto currencies have been received at the address given by LiteBit.eu.
- Transactions are being made every business day (holidays excluded) after we have received the payment.
Anti-Money Laundering Program (AML)
- Anti-Money Laundering is at the core of LiteBit.eu. LiteBit.eu follows the guidlines to provide Anti-Money Laundering measures.
- Customers that we do not 'know' are only entitled to buy small amounts of crypto currencies. These are such small amounts that most money launders would not bother with.
- In order to buy even a few crypto currencies, customers are required to register and also provide a 1 cent transaction to one of our bank accounts.
- In order to buy a high quantity of bitcoins, customers are required to fully identify themselves, this can be done with proof-of-identity and proof-of-address.
- Reporting of suspicious transactions under the law Disclosure of Unusual Transactions
- Active monitoring of transactions for fraud detection
- Cooperation with police and other government agencies (Team High Tech Crime - The Netherlands)
LiteBit Partner Program
- We reserve the right to change referral payments.
- We reserve the right to remove referred users from your account.