TERMS OF SERVICES
BitLand is managed by BitLand LTD . BitLand provides a service and acts as agent to purchase and sell the internet commodity known as “ Bitcoins ” and other cryptocurrencies with similar technology. Your participation on the BitLand website constitutes your complete acceptance of and agreement to be bound by these Terms of Services . Please take time to review them carefully prior to sharing your order information. Each time you log onto the BitLand website, you completely accept and agree to these Terms of Services , as they may exist at that time. By logging onto, and/or participating on the BitLand website, you also become a BitLand client. In this Agreement, you and BitLand are each a Party.
BITCOIN & OTHER CRYPTOCURRENCY SERVICES
Bitcoins and other cryptocurrencies have no intrinsic value, but they are frequently traded, bought, and sold. Bitcoins & Other are digitally stored, which makes them transportable. BitLand is a website that allows you to buy and sell Bitcoins, and BitLand collects a commission for providing these Services. Bitcoins & Other are a new innovation and the regulation is still developing. There has been legislative discussion that Bitcoins for instance could be used in a shadow or illegal economy, but at this time, BitLand is not aware of any legal restrictions on the use or trading of Bitcoins & Other cryptocurrencies. In the event that a regulatory agency imposes new regulations on cryptocurrencies, BitLand may, in its sole discretion, modify its Compliance program to align with new regulations, or perform an orderly shutdown of the BitLand website prior to the new regulations going in effect. Trading in digital or virtual commodities, goods, or products is inherently risky. By using our Services, you represent and warrant that you understand the risks associated with bitcoins & other cryptocurrencies and digital or virtual commodities, goods, or products. BitLand makes no assurances or warranties about the value, performance, or integrity of Bitcoins, other cryptocurrencies or the BitLand website. If or when in doubt regarding any or all of our services, please obtain independent legal and/or financial advice, including but not limited to, the buying, selling and trading of Bitcoins or any other digital commodities, products or goods, under the local laws of your jurisdiction. Concluded transactions are irreversible. BITLAND RESERVES THE RIGHT TO REFUSE ANY ORDER FOR ANY REASON. BitLand strictly enforces the following limits on Client transactions: Daily Bitcoin Buy Limit: 100,000.00 ILS. Territory: Israel only. BitLand reserves the right, in its sole discretion, to change any transaction limit and or policy. BitLand accepts no responsibility for the accurate maintenance of the website information, calculation, or valuation. You bear the entire risk of loss, including, but not limited, for data, calculation, and valuation of Bitcoins and Bitcoin as well as other cryptocurrency transactions. BitLand opening hours are from 9 am to 7 pm. Any actions you take outside of these hours will not be processed by BitLand until the next morning, and the rate of the transaction will be the rate at the next morning. For instance, when you buy Bitcoins from BitLand , you may transfer the purchase money to BitLand bank account after the opening hours, however, you understand that BitLand will not proceed with the purchase of the Bitcoins for you and/or will not obtain Bitcoins for you during those hours, and that the rate for your transaction will be the rate of the next morning. BitLand charges a commission on every transaction. BitLand’s commission may change from time to time, and the most recent information on the commission percentage is available when placing your order.
BitLand acts as an agent to buy Bitcoins and other digital assets. After you place your purchase order on BitLand website, you will receive an email from us, confirming that you may proceed with the transfer of the purchase money to our bank account. Please do not transfer any money to our bank account unless you have received such confirmation email. Any money that will be received without our prior confirmation will not be used to purchase Bitcoins. If the transfer of the the money is not within 48 hours, your order could be cancelled. After you transfer the purchase money to BitLand bank account, BitLand will use its best efforts to purchase and/or obtain the Bitcoins & other digital assets for you, as soon as possible. However, since BitLand depends on other third parties, it cannot guarantee that it will obtain the Bitcoins & other digital assets immediately after you transfer the money. You fully understand and agree that the rate of the transaction will be the rate in which BitLand has actually purchased/obtained the Bitcoins & other digital assets for you. The rate appearing on BitLand website, when placing the order, is an estimate only and will not be the final rate. You also understand that it may take some time until the money you have transferred to BitLand's bank account is actually received and available for use. WALLETS When you buy Bitcoins from BitLand , and you do not have /provided your own wallet, BitLand will automatically create a wallet for you, in which the Bitcoins you have purchased will be placed. You will then receive, by email, the serial number of the wallet and a secret password. YOU ARE THEN ADVISED TO CHANGE THE PASSWORD OF THE WALLET IMMEDIATELY TO A NEW PASSWORD. You understand and agree that once BitLand has sent you the password and Serial number of the wallet it has created for you, it is not responsible for the wallet and has no control over your wallet. BitLand is not and will not be responsible of any damages or loss in relation to your wallet or your Bitcoins & other digital assets. You are responsible for the security and integrity of your own wallet/ s . BitLand is not responsible for payments made to an incorrect Wallet address or an incorrect bank account by you.
BitLand’s website also allows you to sell your Bitcoins & other digital assets to BitLand. In order to do so, you will be required to transfer the Bitcoins to BitLand's wallet. It may then take some time until the transaction is fully confirmed (6 confirmations by the bitcoin network if the transaction is with Bitcoins. Other cryptocurrencies like ETH "Ethereum" might be faster). Only once the transaction is fully confirmed, the rate of your transaction will be set according to the effective rate at our supplying exchange. BitLand will then issue a transfer of the equivalent money to your bank account, as per the said rate and commission fees. You fully understand and agree that the rate at BitLand’s website is an estimate only, and will not be the final rate of the transaction. You agree and understand that buying Bitcoins & other digital assets through BitLand does not grant you any selling rights. Although you bought Bitcoins & other digital assets through BitLand, you might not be able to sell them through BitLand in the future. By accepting these Terms of Services, you declare that the origin of the money transferred to BitLand is from your own salary, and that taxes on this money has been paid as required by the law. By accepting these Terms of Services, you declare that the transfer of money is exempt from taxes and does not represent an income for the receiver; you further demand that this operation shall incur 0% taxes according to paragraph 161-170 of the Israeli Income Taxes law. The origin of the money is legitimate and is not related to any illegal activity, in Israel or any other state. When placing a 'Sell' order (i.e. sending Bitcoins to BitLand and receiving Israeli shekels), you therefore agree: once you sent the Bitcoins to the wallet BitLand provided, there is no chargeback, under no circumstances, including technical or human mistakes.
BUYING HARDWARE WALLETS
Bitland also sells hardware wallets. We are not in any case modifying the product. We are the official resellers for Ledger and Trezor wallets which means we were approved by the supplier to resell at a maximum price. Ledger wallets and others offer open source wallets which means they do not store your coins or recovery seed. You are fully responsible of your coins stored.
RESTRICTIONS & PROHIBITIONS
Without derogating from any provisions of this Agreement, the following prohibitions apply to using the Services: You shall not use the Services connected with violating any applicable law or regulation, or doing anything that promotes the violation of any applicable law or regulation; Except where permitted by law or relevant open-source licenses, you may not reverse engineer, decompile, disassemble, decipher or otherwise attempt to derive the source code for any underlying software or other intellectual property used to provide the Services, or to obtain any information from the Services using any method not approved in writing by BitLand ; You agree not to reproduce, republish, upload, post, transmit, make available to the public, or otherwise distribute, or any part or any modification or derivative work of the Services ; You shall not use the Services to design or assist in designing cheats, exploits, automation software, bots, hacks, mods or any other unauthorized third-party software to modify or interfere with the Services; You may not institute, assist or become involved in any type of attack, including distribution of a virus, attacks upon the Services that prevent access to or use of the Services, other attempts to disrupt the Services, gain unauthorized access to the Services, or disrupt any other person’s use or enjoyment of the Services; You may not transmit unauthorized communications through the Services, including junk mail, chain letters, spam and any materials that promote malware, spyware and downloadable items; You shall not use any unauthorized third-party software that accesses, intercepts, 'mines', or otherwise collects information from or through the Services or that is in transit from or to the Services; You shall not bypass any robot exclusion headers or other measures BitLand uses to restrict access to the Services or use any software, technology, or device to send content or messages, scrape, spider, or crawl the Service, or harvest or manipulate data; You shall not use, facilitate, create, or maintain any unauthorized connection to the Services, including: (i) any connection to any unauthorized server that emulates, or attempts to emulate any part of the Services; or (ii) any connection using programs, tools, or software not approved in writing by BitLand ; You shall not post any information that is abusive, threatening, obscene, defamatory, libelous, or discriminatory based on age, ethnicity, race, religion or sex or that contains a link to such content; You may not attempt to, or harass, abuse, or harm of another person, group, including BitLand employees and customer support representatives; You may not solicit or attempt to solicit personal information from other users of the Services ; You may not collect, harvest or post anyone’s private information, in any media format, through the Services; You shall not make available through the Services any material or information that infringes any copyright, trademark, patent, trade secret, right of privacy, right of publicity, or other right of any person or entity or impersonates any other person; You shall not copy, modify or distribute rights or content from the Services, or BitLand copyrights or trademarks or use any method to copy or distribute the content of the Services except as specifically allowed in this Agreement; and
TERMINATION OF ORDER INFORMATION AND SERVICES
Any use of the Services that violates this Agreement is strictly prohibited and can result in the immediate revocation of your limited right granted by this Agreement. Without limiting any other remedies, BitLand may limit, suspend, revoke, terminate, modify, or delete your order and information connected to it or access to the Services if you are, or BitLand suspects that you are, failing to comply with this Agreement or for any actual or suspected illegal or improper use of the Services or if BitLand believes that you are creating risk or possible legal liabilities, infringing the intellectual property rights of third parties , with or without notice to you. Without derogating the aforementioned, BitLand reserves the right, in its sole discretion, for any reason, to stop offering and/or supporting the Services or part of the Services at any time either permanently or temporarily, at which point your right to use the Services shall be automatically terminated or suspended. In such event, BitLand shall not be required to provide refunds, benefits or other compensation to users connected with such discontinued elements of the Services . Upon termination of your order and information related to it will be erased from our database.You hereby acknowledge and agree that BitLand is under no obligation to compensate you for any such losses or results, whether such closure was voluntary or involuntary.
The Services and all of the content that appears in the Services , including without limitation, the use of the Service’s name, server software, web technologies, source code, concepts, artwork, photos , animations, sounds, methods of operation, moral rights, docum entation, and virtual Items, is the exclusive property of BitLand, or is being used with permission from its licensors. BitLand (or its licensors as applicable) retain all rights, title and interest in and to the Services and all of the content that appears in the Services, and all intellectual property rights relating thereto, including without limitations all copyright, patent, trademarks, logos, design rights and any other proprietary rights connected with the Services. Notwithstanding any provision to the contrary herein, you agree that you have no right or title in or to the Services and/or to any content that appears in the Services. BitLand name and logo, and any other trademarks included in the Services and/or appear in the Services , are trademarks of BitLand. All third party product names that may legitimately appear in the Services are trademarks of their respective owners. No transfer or grant of any rights under any names, marks or logos is made or is to be implied by any provision of this Agreement or by anything on the Services, and all rights in such names, marks or logos is reserved to BitLand and their respective owners Notwithstanding anything to the contrary herein, you agree that you shall have no ownership or to her property interest in an Account. You further agree that BitLand owns all rights in and to an order information.
LINKED SITES; ADVERTISING
THE SERVICES ARE PROVIDED TO YOU 'AS IS' AND WITHOUT WARRANTIES OF ANY KIND EITHER EXPRESSED OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, BITLAND DISCLAIMS ALL WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, INFRINGEMENT AND FITNESS FOR A PARTICULAR PURPOSE. WITHOUT LIMITING THE FOREGOING, NEITHER BITLAND NOR ITS AFFILIATES OR SUBSIDIARIES, OR ANY OF THEIR DIRECTORS, EMPLOYEES, AGENTS, ATTORNEYS, THIRD-PARTY CONTENT PROVIDERS, DISTRIBUTORS, JOINT-VENTURES, LICENSEES OR LICENSORS (COLLECTIVELY, 'BITLAND PARTIES') REPRESENT OR WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED , ERROR-FREE, OR FREE FROM VIRUSES OR OTHER HARMFUL COMPONENTS. YOU AGREE THAT USE OF THE SERVICES IS AT YOUR SOLE RISK . SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN IMPLIED WARRANTIES. ACCORDINGLY, SOME OF THE ABOVE L IMITATIONS MAY NOT APPLY TO YOU.
LIMITATION OF LIABILITY
YOU ACKNOWLEDGE AND AGREE THAT, TO THE FULLEST EXTENT PERMITTED BY ANY APPLICABLE LAW, THE DISCLAIMERS OF LIABILITY CONTAINED HEREIN APPLY TO ANY AND ALL DAMAGES OR INJURY WHATSOEVER CAUSED BY OR RELATED TO USE OF, OR INABILITY TO USE, THE SERVICES UNDER ANY CAUSE OR ACTION WHATSOEVER OF ANY JURISDICTION, INCLUDING, WITHOUT LIMITATION, ACTIONS FOR BREACH OF WARRANTY, BREACH OF CONTRACT OR TORT ( INCLUDING NEGLIGENCE) , AND THAT UNDER NO CIRCUMSTANCES WHATSOEVER WILL BITLAND OR ANY OF BITLAND PARTIES , EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, BE RESPONSIBLE OR LIABLE TO YOU OR TO ANY OTHER ENTITY FOR ANY COMPENSATORY, INDIRECT, I NCIDENTAL, CONSEQUENTIAL (INCLUDING FOR LOSS OF PROFITS, LOST BUSINESS OPPORTUNITIES, LOSS OF GOODWILL, LOST OF DATA DESTRUCTION OR IMPAIRMENT) SPECIAL, EXEMPLARY, OR PUNITIVE DAMAGES THAT RESULT FROM OR RELATE IN ANY MANNER WHATSOEVER TO YOUR USE OF OR IN ABILITY TO USE THE SERVICES . IF YOU ARE DISSATISFIED WITH THE SERVICES, OR WITH THE AGREEMENT, OR YOU HAVE ANY DISPUTE WITH BITLAND, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USING THE SERVICES. YOU FURTHER SPECIFICALLY ACKNOWLEDGE THAT NEITHER BITLAND NOR ITS BITLAND PARTIES ARE LIABLE, AND YOU AGREE NOT TO SEEK TO HOLD BITLAND AND/OR BITLAND PARTIES LIABLE, FOR THE CONDUCT OF THIRD PARTIES, INCLUDING OTHER USERS OF THE SERVICES AND OPERATORS OF EXTERNAL SITES, AND THAT THE RISK OF THE SERVICES AND EXTERNAL SITES AND OF INJURY FROM THE FOREGOING RESTS ENTIRELY WITH YOU. BECAUSE SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY FOR CERTAIN TYPES OF DAMAGES , SOME OF THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU. IN SUCH JURISDICTIONS, BITLAND'S LIABILITY IS LIMITED AND WARRANTIES ARE EXCLUDED TO THE GREATEST EXTENT PERMITTED BY LAW .
You agree to defend, indemnify and hold BitLand and/or any of BitLand Parties harmless from any and all claims, losses , costs , liabilities, and damages (including, but not limited to, direct, incidental, consequential, exemplary, indirect damages and reasonable attorneys ’ fees, expert fees ’ and other reasonable costs of litigation) incurred to any BitLand Party as a result of, or in connection with, or in any manner related to (i) your use of the Services; (ii) your failure to comply with the Agreement or any violation by you of this Agreement or any breach of the representations and warranties made by you herein ; BitLand reserves the right, at your expense, to assume the exclusive defense and control of any matter for which you are required to indemnify BitLand , and you agree to cooperate with BitLand’s defense of these claims. BitLand shall use commercially reasonable efforts to notify you of any such claim, action, or proceeding upon becoming aware of it; and You agree that the provisions in this paragraph shall survive any termination of your Account or of this Agreement.