COINPIG USER AGREEMENT
By signing up to use the Coinpig Account through the Coinpig website you agree to comply
with and be legally bound by this Agreement. If you do not agree to any of the terms set
forth in this Agreement, or any subsequent modification to the Agreement, you may
not access or use any of the Coinpig Services and must cancel your Coinpig Account
We may amend or modify this Agreement by posting on the Coinpig Site or emailing to you
the revised Agreement. Any revised Agreement shall be effective immediately upon your
express approval, or one month after the date of posting except where the changes and
modifications are required by law or on the instruction of a competent governmental agency.
By continuing to access or use the Coinpig Services once the revised Agreement is
effective, you agree to be bound by the Agreement. We may (a) modify or discontinue any
portion of the Coinpig Services, and (b) suspend or terminate your access to the Coinpig
Services, at any time, and from time to time, without notice to you in certain, limited
circumstances described herein. You agree that we shall not be liable to you or any third
party for any modification or termination of the Coinpig Services, or suspension or
termination of your access to the Coinpig Services, except to the extent otherwise expressly
set forth herein.
To be eligible to use the Coinpig Services, you must be at least 18 years old (or the
applicable age of majority and contractual capacity). By accessing or using the Coinpig
Services you represent and warrant that you are 18 or older. You may also be eligible to use
the Coinpig Services if you are at least 13 years old, but only if your parents provide
express written consent..
Please note the following risks of using Coinpig Services:
Once submitted to the Bitcoin network, a Bitcoin Transaction (defined below) will be
unconfirmed for a period of time (usually less than one hour, but up to one day or more)
pending sufficient confirmation of the transaction by the Bitcoin network. A transaction is
not complete while it is in a pending state. Bitcoin associated with transactions that are
in a pending state will be designated accordingly, and will not be included in your
Coinpig Account balance or be available to conduct transactions.
The risk of loss in trading or holding bitcoin can be substantial. You should therefore
carefully consider whether trading or holding bitcoin is suitable for you in light of your
financial condition. In considering whether to trade or hold bitcoin, you should be aware
that the price or value of bitcoin can change rapidly, decrease, and potentially even fall
to zero. If you use a Coinpig product which allows you and/or third parties to access and
hold bitcoin private keys, you acknowledge that Coinpig is not responsible for
safeguarding such keys and that Coinpig is not responsible for any loss of bitcoin
resulting from theft, loss, or mishandling of bitcoin private keys outside its control.
Registration of Coinpig Account. In order to use any of the Coinpig Services, you must
first register by providing your name, an e-mail address, password, withdrawal pin and
affirming your acceptance of this Agreement. Upon successful completion of the registration
process, Coinpig will establish your Coinpig Account. Coinpig may, in our sole discretion,
refuse to allow you to establish a Coinpig Account, or limit the number of Coinpig Accounts
that a single user may establish and maintain at any time.
Sending and Receiving Bitcoin.
As part of the services offered in connection with your Coinpig Account, Coinpig can help
you send bitcoin to, and request and receive bitcoin from, third parties pursuant to
instructions you provide through the Coinpig Site (each such transaction is a "Bitcoin
Transaction"). You may initiate a Bitcoin Transaction by going to the Coinpig Site, choosing
to send or request, and entering the requisite information regarding the sender or recipient
and the amount of bitcoin to be transferred. Coinpig will then communicate with the Bitcoin
network on your behalf, as necessary, to facilitate each Bitcoin Transaction in accordance
with these instructions.
Coinpig reserves the right to refuse to process or to cancel any pending Bitcoin
Transaction as required by law or in response to a subpoena, court order, or other
binding government order. Coinpig cannot reverse a Bitcoin Transaction which has
been communicated to and confirmed by the Bitcoin network.
Coinpig processes Bitcoin Transactions according to the instructions received from its users
and we do not guarantee the identity of any user, receiver, requestee or other party. You
should verify all transaction information prior to submitting instructions to Coinpig as the
relevant Bitcoin Transaction may not be cancelled or reversed once initiated.
Currency Wallet.
Currency Wallets. Users who have verified their Identity with Coinpig and who reside in
approved jurisdictions may establish and fund a Currency Wallet. Except as otherwise set
forth herein, you may use your Currency Wallet only (1) to purchase bitcoin from Coinpig,
(2) to receive the proceeds of bitcoin sales to Coinpig.
Deposits and Withdrawals. You may visit your Account at coinpig and click on
a cryptocurrency Wallet to transfer or withdraw funds from your cryptocurrency Wallet.
Coinpig will not charge a fee for you to transfer funds to or from Coinpig.
First withdraw. You can make your first withdraw in 3 days after registration.
Our Relationship with You.
Relationship of the Parties. Coinpig 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
Coinpig to be treated as partners, joint ventures, or otherwise as joint associates for profit,
or either you or Coinpig to be treated as the agent of the other.
Service Providers. From time to time, Coinpig may engage third parties to assist Coinpig
in providing certain aspects of the Coinpig Services (each, a "Service Provider"). Service
Providers may include, but are not limited to, Coinpig's banking partners and technology or
engineering service providers.
Your Privacy. Protecting your privacy is very important to Coinpig. Please review our
privacy policy, which is hereby incorporated by reference into this Agreement, in order to
better understand our commitment to maintaining your privacy, as well as our use and
disclosure of your information.
Privacy of Others; Marketing. If you receive information about another user through the
Coinpig Services, you must keep the information confidential and only use it in connection
with the Coinpig 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 Coinpig Services.
Password Security and Keeping Your Contact Information Current. You are
responsible for 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 Coinpig Services. Any loss or compromise of the foregoing information and/or
your personal information may result in unauthorized access to your Coinpig Account by
third-parties and the loss or theft of any bitcoin and/or funds held in your Coinpig Account
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. We assume
no responsibility for any loss that you may sustain due to compromise of your sensitive
information or failure to follow or act on any notices or alerts that we may send to you. In the
event you believe your Coinpig Account information has been compromised, contact
Coinpig Support immediately.
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, 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.
Section Headings. Section headings in this Agreement are for convenience only, and shall
not govern the meaning or interpretation of any provision of this Agreement.
English Language Controls. Not with standing any other provision of this Agreement, any
translation of this Agreement is provided for your convenience. The meanings of terms,
conditions and representations herein are subject to definitions and interpretations in the
English language. Any translation provided may not accurately represent the information in
the original English.