Terms and Conditions
Update date: 18 / 11 / 2022
0. Preamble and Scope
Red Ribbon Ltd, a company registered under Marshall Islands Law under number 115051 (hereinafter "Red Ribbon" or "Company") operates the Bitcoin Safe platform, allowing users to earn Bitcoin rewards without direct price exposure. These Terms and Conditions (hereinafter "GTC") govern the terms and conditions of use of the Platform and its services.
Users of the Platform declare that they have read, understood and accepted these GTC. Thus, Users expressly acknowledge that they are bound by these GTC and are legally capable of giving their consent. Users acknowledge that they have the right to use crypto-currencies under the law of their country of residence or any other law applicable to them as a consumer.
The full and complete acceptance of the GTC is a mandatory condition for any connection to the platform and for any interaction with the site. The Company is free to modify, at any time, the present GTC, in order to take into account, in particular, any legal, jurisprudential, editorial, functional or technical evolution.
1. Definitions
In these GTC, words or expressions beginning with a capital letter have the following meaning:
2. Connection
The Connection is only open to persons and entities with full legal capacity. Login is a mandatory prerequisite for any interaction with the blockchain and use of the Services. The User undertakes to communicate only real data and sincere information.
The site requires the use of a Wallet for authentication and interaction with the blockchain. The Company has no control over the data stored by this third-party tool. We invite you to inquire about this point with the publisher of this third-party tool.
By logging in, you agree, on behalf of yourself and others who use a service with your Wallet, to the following terms and conditions and the privacy policy available in the Privacy Policy section of this site.
3. Disconnection
The User can disconnect from their Wallet at any time, by clicking on the disconnection button directly on their Wallet managed by a third party.
The Company reserves the right to refuse access to a Wallet, without prior notice, in particular, in the event of a breach of these GTC, in the event of illicit behaviour or behaviour contrary to good morals observed on the Platform, in the event of reported abuse of the use of the Services, in the event of abusive or fraudulent use of the Services or in the event of identity theft.
4. Functioning of the Platform
To access the Platform and use the Service, the User must have functional computer equipment, a stable Internet connection and a compatible Internet browser. The Company shall not be held responsible for the possible incompatibility of the User's computer equipment with the Platform or some of its Services.
All connection fees to the Platform and Transaction Fees are to be paid by the User.
The Platform provides users with Bitcoin earning services without direct price exposure, allowing users to benefit from Bitcoin growth while maintaining stability in their investments.
8. Intellectual Property
The Company retains all intellectual property rights related to the operation of the Platform, in particular: images, universe, design, scenario, database, brands or logos.
11. Platform Service Fees
Browsing and connecting to the Platform is free of charge. Transaction Fees are not Platform Fees. Transaction Fees are not paid to the Platform but directly by the User to third parties, generally referred to as validators, for the registration of content and computer instructions on the blockchain.
The Platform has no control over the evolution of the Transaction Fees which depend on the blockchain used and its own rules.
12. Cancellation Policy
The User may decide to stop using the Platform at any time. Once Transaction Fees have been paid to the blockchain, a third-party service, transactions cannot be cancelled, as a transaction is by nature irreversible on a blockchain and the Company has no control over the blockchain used.
No refunds of Transaction Fees nor purchases will be made.
13. Obligations of the User
The User declares and guarantees to the Company that they are acting in their own name and on their own behalf as a natural person of full age and with full capacity to contract.
The User undertakes to publish only authentic information and content, and texts on which they have the necessary rights, particularly intellectual property rights.
The User agrees to make normal and legal use of the Service offered by the Platform and not to engage in prohibited activities such as sending viruses, spam, or reverse engineering.
14. Risks Inherent in the Use of the Platform
14.1 Economic Risks
The User is warned that inappropriate Transaction Fees or a bottleneck in the blockchain network used could jeopardize transactions and Transaction Fees could be permanently lost.
14.2 Volatility Risk
The User is warned that Transaction Fees may vary significantly over time. The Platform has no control over this risk of volatility.
14.6 Smart Contract Risk
As with any token transaction, a risk of discovery and exploitation of a security flaw cannot be excluded. The Company is not responsible for any unforeseen failure related to smart contracts, malfunction, loss of token, erroneous transaction or hacking.
14.8 Private Key and Electronic Wallet Risks
The User bears full responsibility for the secure storage of the private key of their wallet. Loss or theft of the private key is equivalent to the loss of all assets assigned to the wallet.
14.9 Regulatory Risks
Changes in legislation, regulations or other standards applicable to the Company's business could prevent the continuation of operations and the continuity of the Service.
14.10 Tax Risk
The tax risks associated with cryptocurrency activities stem from the novelty of these assets and their as yet undefined legal and tax status in many jurisdictions.
15. Limitation of Liability for the Service
The Company undertakes to use its best efforts to ensure the availability and continuity of the Services on the Platform, but cannot provide any particular guarantee, as the Company is dependent on the maintenance of telecommunication services and other providers.
The Company shall not be liable for any damage to the User's computer equipment or slowdown of the Internet connection or for any direct or indirect damage caused by a virus, intrusion, malfunction, interruption or any use of the Platform due to force majeure.
16. Mediation
In the event of a dispute, and where it has not been possible to settle the disagreement by means of a prior written complaint directly to the Company by sending a request to the address: [email protected].
18. Requests, Comments, Suggestions
The User may make requests, comments and suggestions by addressing the Company via the contact email [email protected], providing sufficient details, a clear description and the reasons for the request.
Requests are usually processed within fourteen (14) business days.
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