BEST TRADERS EOOD EOOD
Company number 207160415
TERMS & CONDITIONS
(March 2023)
These terms of use (hereinafter Terms”) create a binding agreement between the Client
(hereinafter may be referred as Customeror You”) and BEST TRADERS EOOD EOOD, with
registration No. 207160415, registered at Bulgaria, 1404 Sofia, 49A Bulgaria blvd., fl2, office 7, an
entity existing under the laws of Republic of Bulgaria (“BEST TRADERS EOOD”) (hereinafter may
be referred as BEST TRADERS EOOD EOOD”, Weor Us”), and control the use of this site
(hereinafter “Site”), which was created by BEST TRADERS EOODin order to provide services and
acts as agent to purchase and sell virtual or cryptographic currency as may be added by us from
time to time according to our sole discretion (hereinafter "Crypto Coins"), as well as any other
services offered by us from time to time (hereinafter shall be referred to together as the "Services").
By showing your acceptance to these Terms ("I agree") and/or by accessing or using the Services
you give your consent that you have read, understood, you accept and agree to be bound arising
from these Terms. If you do not agree to these Terms, please do not use the Services we provide.
We reserve the right, in our sole discretion, to revise, modify, amend these Terms at any time, and
you as Client agree to be bound by such revisions or modifications. You are responsible for
reviewing these Terms periodically to always be aware of the current Terms.
Your continued use of the Services after a change or modification of the Terms has been made will
confirm your acceptance of the revised Terms. If you do not agree to the revised Terms please
discontinue your use of the Services provided by BEST TRADERS EOOD.
If you violate the Terms, we reserve the right to immediately terminate or suspend the account you
have created using the Services. You agree that we do not need to provide you with a notice before
terminating or suspending your account.
When using or opening an account with BEST TRADERS EOODon behalf of a company, entity, or
organization (collectively, hereinafter Subscribing Organization”), you represent and warrant that
you: (i) are an authorized legal representative of that Subscribing Organization with the authority to
bind that organization to these Terms and grant the licenses set forth; and (ii) agree to these Terms
on behalf of such Subscribing Organization.
1. THE SITE; YOUR ACCOUNT. USE OF THE SERVICES.
BEST TRADERS EOOD has created a Site that enables users to trade (buy and sell)
Crypto Coins and to hold the electronic wallet. The transactions made on the Site may be
subject to certain limitations, including with respect to minimum and/or maximum amounts
for each transaction. Different limitations may apply to different Crypto Coins and limitations
may be changed from time to time in view of regulatory changes and/or at BEST TRADERS
EOOD sole discretion. We may refuse to perform any transaction at our sole and absolute
discretion, including without limitation, in view of any breach by you of any regulation, policy
or these Terms. Unless specifically stated otherwise, transactions on the Site are
irreversible.
These Terms allow you to use the Site and Services, subject to certain conditions, rights
and obligations. You shall only use the Services we provide in case you are familiar with
the cryptocurrencies, blockchain technology and related issues. We highly recommend you
to learn the basics for the above before starting to use the Services. Among others,
changes may apply to the way cryptocurrencies may be purchased and used, including
without limitations, with respect to any regulatory requirements, reporting requirements, tax
issues, know your clients procedures, anti-money laundering, etc.
If you are a registered user using the Services, you are responsible for keeping the
confidentiality of your account and password and for restricting access of any third parties
to your electronic devices related to the Site using, and you agree to accept responsibility
for all activities that occur under your account or password. You are required to keep your
password and other credentials confidential at all times and not share or disclose it to any
third party. You shall be solely liable to any such disclosure and it’s consequences. You
may not assign or otherwise transfer your account to any other person or entity. You
acknowledge that BEST TRADERS EOOD is not responsible for third party access to your
account that results from theft or misappropriation of your account. BEST TRADERS EOOD
and its associates reserve the right to refuse or cancel service before the order is
completed, terminate accounts, or remove or edit content in our sole discretion. If you think
that someone may gained access to your account, your password or any other credentials,
please immediately reach out to BEST TRADERS EOOD.
Creation of an account and the use of the Services at the Site are permitted only to users
of the age of 18 or above. It is your responsibility to provide an authentical proof that you
meet this age limitation. We disclaim any liability or loss in case you dishonestly provide
unauthentic proof of your age. You may not: (i) create an account and verifying it using a
false identity or data, or on behalf of someone other than yourself; (ii) open or use an
account or use the Services, if you are banned or restricted in your actions under any
applicable law or regulation, or by us, from using the Service; (iii) use your account for
commercial purposes other than for utilization of the Services, and in any case solely for
your own personal account; or (iv) use the account for any illegal conduct.
The Site, the Services, and the information and content available therein (hereinafter
BEST TRADERS EOOD Content”) are protected by international copyright and other
laws. BEST TRADERS EOOD hereby grants you a limited license to use the BEST
TRADERS EOOD Content solely as required to use the Services for your personal, internal
private and/or business purposes. BEST TRADERS EOOD is not a bank or financial
institution and does not provide investment or financial advice or consulting services to
users of the Services. We are solely the provider of the Services.
2. LICENSE
Updates. The Site and Services are evolving and we may update the Site and Services at
any time, without providing notice upon our sole decision.
Additional Restrictions. By using the Services, you agree not to: (a) sell, license, lease,
transfer, assign, reproduce, distribute, host or otherwise exploit the Services or the BEST
TRADERS EOOD Content, or any portion thereof; (b) frame or enclose any brand name,
trademark, logo, or other BEST TRADERS EOOD Content, (including images, text, audio,
video, page layout or form); (c) use any metatags or other “hidden text” using BEST
TRADERS EOOD name or trademarks; (d) copy, modify, translate, adapt, merge, make
derivative works of, disassemble, decompile, reverse compile or reverse engineer any part
of the Services; (e) use any manual or automated software, technical devices or other
processes; (f) access the BEST TRADERS EOOD Site or Services in order to build a similar
or competitive products; (g) copy, reproduce, distribute, republish, download, display, post
or transmit any BEST TRADERS EOOD Content except as expressly permitted herein by
the BEST TRADERS EOOD; and (h) remove or destroy any copyright notices or other
proprietary markings contained on or in the Services or BEST TRADERS EOOD Content.
BEST TRADERS EOOD, its suppliers and partners and service providers reserve all rights
not granted in the Terms. Any unauthorized use of the Services terminates the agreement
between us and client including the license granted by BEST TRADERS EOOD herein.
Third-Party Services. The Services may link, incorporate, or may otherwise provide
access to, third party sites, applications or materials that are hosted by another party,
including digital currencies such as Ethereum, Bitcoin, Tether or cryptocurrency exchanges
such as BEST TRADERS EOOD proprietary exchange (collectively hereinafter, Third
Party Services). You agree that it is impossible for BEST TRADERS EOOD to monitor
and control Third Party Services and that you access them at your own risk. Do not share
any credentials, private keys, or other sensitive information with any third party without
validating their legitimacy. To the extent Third Party Services incorporated into or linked to
from the Services have terms that differ from these Terms, you may be required to agree
to those terms in order to access the Third-Party Service. We do not control the terms,
policies, or performance of any third party, and are not responsible for any performance, or
failure to perform, of any Third-Party Services, including with respect to exchange rates,
processing of transactions, and similar activities. We are not responsible for any decision
taken by the Third-Party services. When you click on a link to any Third-Party Service, we
will not warn you that you have left the Services and are subject to the terms and conditions
(including privacy policies, AML rules, cookies policy etc.) of another website or application.
BEST TRADERS EOOD does not make any representations with respect to Third Party
Services, or their products or services. You should review applicable terms and policies,
including privacy and data gathering practices etc., of any Third-Party Services, and should
make whatever investigation you feel necessary or appropriate before proceeding with any
transaction with any third party.
3. FEES AND PAYMENT ISSUES
In consideration of the Services, BEST TRADERS EOOD may charge a commission and/or
other fees, as shall be posted by BEST TRADERS EOOD on the Site from time to time.
BEST TRADERS EOOD may change such commissions and fees from time to time at its
decision.
BEST TRADERS EOOD may use third parties to receive funds, to process certain types of
payments, to conduct risk analysis and/or offer Crypto Coins, as applicable for the
requested Service and for the selected payment method (hereinafter "Third Party Service
Providers"). BEST TRADERS EOOD reserves the right to change and replace any
ThirdParty Service Provider at its sole discretion without informing you. Services provided
by Third Party Service Providers are governed exclusively by the terms of use of such
ThirdParty Service Providers, and BEST TRADERS EOOD has no responsibility or liability
with respect to any of their acts or omissions and any result thereof.
If a customer wishes to return purchased cryptocurrency units and receive back an amount
in relevant currency, the exchange is carried out at the current selling rate at the time of the
exchange (in the case when we receive the cryptocurrency at a wallet address specified by
us). If a customer wishes to receive back cryptocurrency units that he sold for currency or
exchanged for units of another cryptocurrency, the exchange is carried out at the current
purchase rate at the time of the exchange (in the case when we receive the amount in an
account specified by us or cryptocurrency units at a wallet address specified by us). Crypto
transaction fees as well as BGN transfers are covered by the customer. "Purchase rate"
is the rate at which any customer can buy cryptocurrency units on
http://www.bstxchange.com/. "Sell rate" is the rate at which each customer can sell
cryptocurrency units on http://www.bstxchange.com/.
The BEST TRADERS EOOD service cannot be used to violate or circumvent tax and
financial legislation, nor for actions related to "money laundering" or the financing of terrorist
organizations.
4. USER CONTENT
You are responsible for all data and information provided or uploaded by you to the Services
(hereinafter User Content), whether publicly posted (i.e., in a user forum, if applicable)
or privately transmitted (i.e., to us in connection with a support request). You are solely
responsible for the accuracy and completeness of User Content you submit and represent
and warrant that you have all rights required in order to post such User Content. We may,
in our sole discretion, delete any User Content that we determine violates these Terms in
any way. To the extent that you provide us with or we may have access to any information
that allows us to identify you or any other individual (“Personal Information”) in connection
with your use of the Services, we will preserve, safeguard, and use such information as set
forth in our Privacy Policy.
5. OWNERSHIP
BEST TRADERS EOOD and its suppliers own all right, title and interest in and to the Site,
Services, and the BEST TRADERS EOOD Content. You will not remove, alter or obscure
any copyright, trademark, service mark or other proprietary rights notices incorporated in
or accompanying the Site, Services or the BEST TRADERS EOOD Content.
Trademarks. The BEST TRADERS EOOD trademarks and other related graphics, videos,
sound, layout, logos, service marks and trade names used on or in connection with the
Services and the Site, are the trademarks of BEST TRADERS EOOD and may not be used
without exclusive permission in connection with any third-party products or services. Other
trademarks, service marks and trade names that may appear on or in the Site or Services
are the property of their respective owners and BEST TRADERS EOODdoes not claim any
right for them.
User Content. You own all intellectual property rights associated with your User Content.
By posting, displaying, sharing or distributing User Content on or through the Services, you
grant us, and any Third-Party Services used in connection with the Services, a
nonexclusive license to use the User Content solely for the purpose of operating the
Services. Except as prohibited by applicable law, we may disclose any information in our
possession (including User Content) in connection with your use of the Services, to (a)
comply with legal process; (b) enforce these Terms, (c) respond to your requests for
customer service, or (d) protect the rights, property or personal safety of BEST TRADERS
EOOD, our employees, directors or officers, partners and agents, or members of the public.
Feedback. You may provide ideas, suggestions, documents, and/or proposals about the
Services to BEST TRADERS EOOD through any means (hereinafter Feedback”), and you
grant BEST TRADERS EOOD a fully paid, royalty-free, perpetual, irrevocable, worldwide,
non-exclusive, and sublicensable right and license to use Feedback for any legitimate
purposes we determine upon our sole decision.
6. USER CONDUCT
You may not use the Services for any purpose that is prohibited by the Terms or applicable
law and regulations. You will not (and will not permit any third party to) take any action or
make available any content on or through the Services that: (a) infringes any intellectual
property rights of any person or legal entity; (b) is unlawful, threatening, harassing,
defamatory, libelous, deceptive, fraudulent, invasive of another’s privacy, tortious, obscene,
or offensive; (c) is unauthorized or unsolicited advertising, junk or bulk e-mail; (d) involves
commercial activities and/or sales, such as contests, sweepstakes, barter, advertising, or
pyramid schemes; (e) impersonates any person or entity, including any employee or
representative of BEST TRADERS EOOD; (f) interferes with the proper functioning of the
Services; (g) engages in any potentially harmful acts directed against the Services,
including violating any security features of the Services, introducing viruses, worms, or
similar harmful code into the Services; or (h) attempts or supporting to do any of the
foregoing.
You represent and declare that the origin of all of the funds transferred to the Site is from
your own personal finances and that the origin of the money is legitimate and is not related
to any illegal activity. In addition, you represent and declare that you paid all required taxes
and other mandatory payments and have timely filed all required reports with respect to
such funds as required by applicable law. You declare that all the funds transferred to the
Site have decent origin and have no direct or indirect relation to money laundering and/or
terrorist financing.
7. INDEMNIFICATION
You agree to indemnify and hold BEST TRADERS EOOD, its affiliated companies, and their
respective shareholders, officers, employees, agents, partners and licensors (collectively,
hereinafter the Indemnified Parties”) harmless from any claims, actions, damages,
losses, costs, liabilities and expenses (including reasonable attorneys’ fees and other
expenses) relating to or arising out of: (a) your use of, or inability to use, the Site and the
Services; (b) your violation of the Terms; (c) your violation of any rights of another party,
including without limitations any intellectual property rights or privacy rights, and including
any other users of the Services; or (d) your violation of any applicable laws, rules or
regulations and/or third party policies, terms of use, guidelines, etc. BEST TRADERS
EOOD may, at its own cost, assume the exclusive defense and control of any matter
otherwise subject to indemnification by you, in which event you will fully cooperate with
BEST TRADERS EOOD in asserting any available defenses.
8. DISCLAIMERS
Blockchain technology and specifically Crypto Coins are relatively new and establishing
concepts which are still being examined and analyzed by governmental entities around the
world. Currently, the Services are, to BEST TRADERS EOOD knowledge, not regulated in
many jurisdictions while in other jurisdictions any existing regulation is constantly
developing. In the event that a regulatory entity in any applicable jurisdiction imposes new
regulations or other restrictions on the Services, BEST TRADERS EOOD may, in its sole
discretion, either modify these Terms, its internal policies, the Services themselves and/or
the Site, or, if BEST TRADERS EOOD deems such actions as required or advisable in
order to prevent any adverse effect to its business or customers, to suspend or terminate
the Services or any part thereof, in order to be in full compliance with such new regulations
or restrictions.
BEST TRADERS EOOD reserves the right to do not provide Services in your country upon
own sole discretion and/or if you are located, associated, operating in any of the blacklisted
countries as per BEST TRADERS EOOD AML policies.
THE SITE AND THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE”
BASIS. BEST TRADERS EOOD EXPRESSLY DISCLAIMS ALL WARRANTIES,
REPRESENTATIONS, AND CONDITIONS OF ANY KIND ARISING FROM OR RELATED
TO THESE TERMS OR YOUR USE OF THE SITE OR THE SERVICES, INCLUDING THE
IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR
PURPOSE, TITLE, NON-INFRINGEMENT, USEFULNESS, AUTHORITY, ACCURACY,
COMPLETENESS AND TIMELINESS. YOU ACKNOWLEDGE THAT, TO THE EXTENT
ALLOWED BY APPLICABLE LAW, ALL RISK OF USE OF THE SITE AND SERVICES
RESTS ENTIRELY WITH YOU. BEST TRADERS EOOD makes no warranties or
representations with respect to the timeliness of any transactions on the Site (or that any
such transaction shall be performed) or with respect to any rates and/or other financial
information quoted or posted on the Site. Such rates and financial information constitute
estimations only and may not be the final rate for a specific transaction. In addition, such
rates and financial information may be dependent on third party services provider for which
BEST TRADERS EOOD has no responsibility whatsoever.
In addition, BEST TRADERS EOOD makes no warranties or representations about the
accuracy or completeness of the content of the Services and/or any content provided
therein and of the content of any sites linked to the Services and assume no liability or
responsibility for any: (i) Errors, mistakes, or inaccuracies of content; (ii) Personal injury or
property damage, of any nature whatsoever, resulting from your access to and use of the
Services; (iii) Any unauthorized access to or use BEST TRADERS EOOD secure servers
and/or any and all personal information and/or financial information stored therein; (iv) Any
interruption or cessation of transmission to or from the Services; (v) Any bugs, viruses,
Trojan horses, or the like which may be transmitted to or through the Services by any third
party; or (vi) Any errors or omissions in any content or for any loss or damage of any kind
incurred as a result of the use of any content posted, emailed, transmitted, or otherwise
made available via the Services
BEST TRADERS EOOD IS NOT LIABLE, AND YOU AGREE NOT TO SEEK TO HOLD
BEST TRADERS EOOD LIABLE, FOR THE CONDUCT OF THIRD PARTIES ON OR
ACCESSED VIA THE SERVICES, INCLUDING OPERATORS OF THIRD-PARTY
SERVICES AND THIRD-PARTY PROPERTIES AND OTHER USERS OF THE
SERVICES, AND THAT THE RISK OF INJURY FROM SUCH THIRD PARTIES RESTS
ENTIRELY WITH YOU.
9. LIMITATION OF LIABILITY
In no event will BEST TRADERS EOOD, its directors, officers, agents, contractors, partners
and employees, be liable to you or any third person for any special, direct, indirect,
incidental, special, punitive, or consequential damages whatsoever including any lost
profits or lost data arising from your use of the Services or other materials on, accessed
through or downloaded from the Services, whether based on warranty, contract, tort, or any
other legal theory, and whether or not BEST TRADERS EOOD has been advised of the
possibility of these damages.
IN ANY CASE, OUR ENTIRE LIABILITY UNDER ANY PROVISION OF THESE TERMS
SHALL NOT EXCEED AMOUNTS PAID BY YOU DIRECTLY TO US FOR THE USE OF
THE SERVICES HEREUNDER. AS SUCH, IF YOU HAVE NOT MADE ANY PAYMENTS
TO US IN ORDER TO USE THE SERVICES, WE SHALL NOT HAVE ANY LIABILITY TO
YOU WHATSOEVER. The foregoing limitation of liability shall apply to the fullest extent
permitted by law in the applicable jurisdiction.
BEST TRADERS EOOD is not responsible for any technical problems or damages caused
by software provision, computer equipment, the connection with the World Wide Web,
inappropriate behavior of a customer or third parties who have committed illegal actions, or
due to unforeseeable or extraordinary circumstances.
BEST TRADERS EOOD is also not responsible for actions performed from the account of
a customer who has voluntarily provided his password for access to third parties or has not
taken due care to ensure the security of his software provision, computer equipment, the
connection with the World Global network, to use passwords of high complexity, to keep
them secret and to update them regularly.
10. TERM AND TERMINATION
These Terms commence on the date when you accept them and remain in full force and
effect for so long as you access or use the Site or the Services, unless terminated earlier
in accordance with these Terms.
BEST TRADERS EOOD may, at any time and for any reason, cease providing any or all of
the Services, and/or terminate these Terms. Without limiting the foregoing, we may also
terminate your access to any or all of the Services if you breach any provision of these
Terms or if BEST TRADERS EOOD is required to do so by law, court order, the instruction
of a governmental entity, etc.
11. MISCELLANEOUS
In the event that any provision of these Terms is held to be unenforceable, such provision
shall be replaced with an enforceable provision which most closely achieves the effect of
the original provision as permitted by applicable law, and the remaining terms of these
Terms shall remain in full force and effect.
Nothing in these Terms creates any agency, employment, joint venture, or partnership
relationship between you and us or enables you to act on our behalf.
Except as may be expressly stated in these Terms, these Terms constitute the entire
agreement between us and you pertaining to the subject matter hereof, and supersedes
any other agreements, understandings or warranties.
Nothing contained in these Terms shall be construed to limit the actions or remedies
available to us with respect to any prohibited activity or conduct. Non-enforcement of any
term of these Terms does not constitute consent or waiver, and we reserve the right to
enforce such term at our sole discretion. No waiver of any breach or default hereunder shall
be deemed to be a waiver of any preceding or subsequent breach or default.
We may assign our rights under these terms to any third party. You may not assign your
rights or obligations hereunder except as we expressly permit in writing.
Any notice to be provided to you pursuant to these Terms may be provided to the email
address or other contact information you have provided to us. By using or visiting the
Services, you agree that the laws of Bulgaria, without regard to principles of conflict of laws
and regardless of your location, will govern these Terms and any dispute of any sort that
might arise between you and us. Any claim or dispute between you and us that arises in
whole or in part from your use of the Service shall be decided exclusively by a court of
competent jurisdiction located in the Bulgaria, and you hereby consent to, and waive all
defenses of lack of personal jurisdiction and forum non- convenient with respect to venue
and jurisdiction in such.