LEGAL

Last updated May 6, 2019

BitLeague LLC and affiliates (referred to herein as the “Company”, “we”, or “us”) agree to provide the user of the websites BitLeague.com, BitLeaguepro.com, and the mobile application(referred to herein as "you", "your" or 'User') the ability to engage in digital asset trading with other users, as well as digital asset depositing and lending. By visiting or accessing these websites, mobile application (“Site”), you agree that you have read and accepted all of terms and conditions contained in this Terms of Services (the 'Terms') as well as our Privacy Policy as published on the Site and you acknowledge and agree that you will be bound by such Terms and policies. By clicking the "sign up" button or by visiting the Site, the Company provides you with access and utility through our digital asset trading platform via software, API (application program interface), technologies, products and/or functionalities (collectively or individually, the 'Service(s)').

If you do not agree to be bound by these Terms, do not access or use the Service. The Company reserves the right to change or modify the terms and conditions contained in these Terms, including but not limited to any policy or guideline of the platform, at any time and at its sole discretion. As described in these Terms, you agree to be legally bound by these terms and all terms incorporated by reference. We will provide notice of these changes by posting the revised Terms on the Site and changing the "Last updated" date at the top of the Terms, or by emailing users at their provided email addresses, or by any other means as determined by the Company at its sole discretion, and the updated Terms shall be effective at such time. In the event that you do not agree with any such modification, your sole and exclusive remedy is to terminate your use of the Services and close your Account. You agree that we shall not be liable to you or any third party as a result of any losses suffered by any modification or amendment of these Terms. Your non-termination or continued use of this Site or Services after the effective date of any changes or modifications of these Terms constitute acceptance of such changes or modifications.

These Terms and any terms expressly incorporated herein apply to your access to, and use of, any services provided by the Company. These Terms do not alter in any way the terms or conditions of any other agreement you may have with the Company for products, services or otherwise. If you are using the Service on behalf of any entity, you represent and warrant that (a) such legal entity is duly organized and validly existing under the applicable laws of the jurisdiction of its organization and (b) you are authorized to accept these Terms on such entity’s behalf and that such entity agrees to be responsible to us if you violate these Terms.

To access Company’s Platform and receive Services, you may create a BitLeague Account. Such BitLeague Account and your use of the Company Platform and Services through your account are governed by the BitLeague User Agreement.

We encourage you to frequently review the Terms to ensure you understand the terms and conditions that apply to your access to, and use of, the Service. If you have any questions regarding the use of the Services, please contact support@bitleague.com.

DO NOT PURCHASE OR SELL DIGITAL ASSETS/BITCOIN DEPOSIT OR LENDING PRODUCTS IF YOU ARE NOT AN EXPERT IN DEALING WITH CRYPTOGRAPHIC TOKENS AND BLOCKCHAIN-BASED SOFTWARE SYSTEMS. PRIOR TO TRADING DIGITAL ASSETS OR PURCHASING BITCOIN DEPOSIT OR LENDING PRODUCTS, YOU SHOULD CAREFULLY CONSIDER THE TERMS BELOW AND CONSULT AN APPROPRIATE TECHNICAL EXPERT, LAWYER, ACCOUNTANT, OR TAX PROFESSIONAL. TRADING OF DIGITAL ASSETS OR PURCHASING BITCOIN DEPOSIT OR LENDING PRODUCTS SHOULD BE UNDERTAKEN ONLY BY INDIVIDUALS, ENTITIES, OR COMPANIES THAT HAVE SIGNIFICANT EXPERIENCE WITH, AND UNDERSTANDING OF, THE USAGE AND INTRICACIES OF CRYPTOGRAPHIC TOKENS, AND BLOCKCHAIN BASED SOFTWARE SYSTEMS. USER AGREES TO UTILIZE THE SITE IN ACCORDANCE WITH THE FOLLOWING TERMS AND CONDITIONS:

1.1The Company provides online digital asset trading services and a platform to trade digital assets, as well as facilitate term deposit purchases and lending in certain permitted jurisdictions. Traders conduct trading on our platform with each other; the Company, as the platform provider, is not a buyer or seller in these trades. Users must open an account and deposit digital assets or fiat currencies prior to commencement of trading. Users may request withdrawal of their digital asset or fiat currencies, subject to the limitations as stated in the Terms.

1.2 Information Accuracy: While the Company has made every effort to ensure the accuracy of the information on our Site, the information and content on the Site is subject to change without notice and is provided for the sole purpose of assisting users to make independent decisions. The Company has taken reasonable measures to ensure the accuracy of the information on the Site; however, we do not guarantee the accuracy, suitability, reliability, completeness, performance and/or fitness for purpose of the content of any Service or products available through the Site, and will not accept liability for any loss or damage that may arise directly or indirectly from the content or your inability to access our site, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through our platform. The Company will not have any liability for the use or interpretation of such information.

1.3 Service Availability: By using our Service, you acknowledge and consent that the Service is provided by the Company according to their current technological capacity and other conditions. While the Company have made every effort to ensure continuity and security of the Service, we are unable to completely foresee and hedge legal, technological and other risks including but not limited to force majeure, virus, hacker attack, system instability, flaw in third-party services, act of government, etc. that may result in service interruption, data loss and other losses and risks.

1.4 Abnormal Transactions: while using the Service, you agree and acknowledge the possibility of discontinuity and disruption of the Service due to connectivity problems of the digital asset networks or other force majeure. Users shall make sure to provide accurate information. The Company does not assume any responsibility of any losses caused by the above mentioned situations due to users providing incorrect information that results in the inability for the Company to reach out to its users and explain the handling procedures.
When the system platform is unable to operate properly and the user is unable to use the Service properly, the Company assume no liability for damages, including, but not limited to, circumstances below: System downtime during maintenance as announced by the Company;
Communication errors as a result of telecom equipment or network failures;
Typhoon, earthquake, tsunami, flood, power failure, war, terrorist attacks and other force majeure factors;
Hacker attacks, computer virus intrusion or attack, the telecommunications sector technology adjustment or technical failure, website upgrade, bank issues, a temporary close due to government regulation, which may cause the network and services interruption or delay;
Losses due to technical problems that cannot be predicted or solved by the existing technical forces of the industry;
For abnormal transactions, market interruption, and other abnormal conditions caused by system failure, network failure, DDos and other hacker attacks and other unexpected market factors, the Company has the right to cancel the abnormal transaction results, and rollback all the transactions of a certain period of time.

1.5 Fees: Fees may be incurred for certain Service provided by the Company to its users. You agree to pay to the Company for applicable fees in accordance with our fee schedule as published on the Site. The Company may change the fee models and structures of such services as the case may be. The Company may also start charging fees on free services. We shall strive to announce any fee changes via our website or other communication channels ahead of their effective date. You shall stop using the service if you disagree on the above-mentioned changes, modifications or paid content.

1.6 Account Security: The Company shall not ask for any password from its users, nor shall we ask users to transmit any funds or digital assets to bank accounts or addresses that are not listed on our trading platform. Please do not trust any discount or promotion related information. The Company shall not be responsible for any losses caused by transmitting funds or digital assets to bank accounts or digital asset addresses that are not listed on the trading platform.

1.7 Third Party Asset Transfers: At the time of transfer, the Company may transfer the relevant assets under these Terms to a third party; the Company may also transfer part or all of the services under this agreement to a third party to operate or fulfill after our unilateral notice. The specific transferee is subjected to the Company’ notice.

1.8 User Information: The Company has the right to know the real transaction background and purpose of the users who use the products or services of the Company. Users must provide real, comprehensive, and accurate information required by the Company; if the Company has reasonable grounds to suspect that the user has provided false trading information, the Company is entitled to restrict the user from the use of some or all the Company’ products and services functions temporarily or permanently.

2.1 Neither the Company nor any of the BitLeague LLC Team has provided you with any advice regarding whether any digital assets traded or sold on the site are a suitable investment for you.

2.2. You have sufficient understanding of the functionality, usage, storage, transmission mechanisms and intricacies associated with cryptographic tokens, such as BITCOIN, as well as blockchain-based software systems generally.

2.3 You are legally permitted (including being of a sufficient legal age) to receive and hold and make use of any digital assets or products traded, sold, or bought on the Site. The services provided by the Site are intended solely for Users who are 18 or older. By accessing or using our Service, you represent and warrant that you are at least 18 years of age and have not previously been suspended or removed from the Site or Service. You also represent and warrant that you are not on any trade or economic sanctions lists, such as the United Nations Security Council Sanctions List, not a resident from the Restricted Territories (as defined below), nor restricted or prohibited from engaging in any type of trading platforms by any law enforcement agencies. Also, the Company may not make all of the Services available in all markets and jurisdictions, and may restrict or prohibit use of all or a portion of the Service from certain countries/regions/territories (the 'Restricted Territories'), due to compliance or regulatory requirements.

2.4 You will provide us with any additional information which may be reasonably required in order that we can fulfil our legal, regulatory and contractual obligations, including but not limited to any anti-money laundering obligation.

2.5 You will notify us promptly of any change to the information supplied by you to us.

2.6 You will comply with our Know Your Customer policy as requested and as amended from time to time at our discretion.

2.7 You take sole responsibility for any restrictions and risks associated with receiving and holding any products or services found on the Site.

2.8 You are not using the Site for any illegal purpose, and will not use any assets or products bought or sold on the Site for any illegal purpose.

2.9 You waive any right you may have / obtain to participate in a class action lawsuit or a class wide arbitration against any entity or individual involved with the Site.

2.10 To the extent permitted by law and provided we act in good faith, the Company makes no warranty whatsoever, either expressed or implied, regarding the future success of the Company.

2.11 In order to use any of the Service, you must first register by providing your email or mobile phone number, full name and other personal information to verify your identity, along with affirming this Terms of Service. You agree to provide us accurate and authentic information we request at registration and on an ongoing basis for the purposes of identity verification and the detection of money laundering, terrorist financing, fraud, or any other financial crime, including without limitation a copy of your government issued photo ID or evidence of residency such as a lease or utility bill. If any such information changes, it is your obligation to update such information as soon as possible.

2.12 You agree to not enable anyone to use or direct your account, and to update the Company of any information change or if your account has been compromised. You are responsible for keeping, protecting and safeguarding any keys, certificates, passwords, access codes, user IDs or other credentials and login information (collectively "Passwords") that have been provided to you or that are generated in connection with your use of the Service. If you lose your passwords, you may not be able to access your account. You agree to notify the Company immediately of any unauthorized use of your passwords. The Company will not be responsible for any liabilities, losses, or damages arising out of the unauthorized use of your passwords. Due to the Company’s nature of being an online trading platform, and to avoid potential security risks, the login password, administration password and any other passwords shall not be set as the same. Relevant responsibilities shall be borne by the User.

2.13 Users who lose their passwords can reset it after being verified through their registered email addresses or phone numbers. You shall immediately report to BitLeague if any unauthorized operations or security breaches are found.

2.14 You may close your account at any time. Closing an account will not affect any rights and obligations incurred prior to the date of account closure. You may be required to either cancel or complete all open orders and, in accordance with the provisions of this Terms of Service, provide transfer instructions of where to transfer any fiat currency and/or digital assets remaining in your account. You are responsible for any fees, costs, expenses, charges, or obligations (including, but not limited to, attorney and court fees or transfer costs of fiat currency or digital assets) associated with the closing of your account. In the event that the costs of closing of your account exceed the value in your account, you will be responsible for reimbursing us. You may not close any of your accounts to avoid paying any fees otherwise due or to avoid any examination related to our AML Program.

2.15 You agree and acknowledge that BitLeague has the right at any moment to suspend your account and any account for which you are a representative or authorized signatory, etc. You also agree that BitLeague can freeze/lock the funds and assets in all such accounts, and suspend your access to the Site until a decision has been made, if we suspect, in our sole discretion, any such accounts to be in violation of:
The Company’s Terms;
Any applicable laws or regulations;
The Company’s AML Program;
Regulatory authority requirement, court order, valid subpoena;
The account is, or is related to any account that is, subject to any pending litigation, investigation, or governmental proceeding;
The account has a balance that needs to be reconciled for any reason;
If the Company believes that an unauthorized person is attempting to gain access to your account; or If the Company believes that you are using your credentials or other account information in an unauthorized or inappropriate manner.
You agree and acknowledge that we have the right to immediately investigate your account and any related account, if we suspect, in our sole discretion, that any such account has committed a conduct violation.

2.16 You agree and acknowledge that we have the right to terminate any account at any time and for any reason. You further agree and understand that we have the right to take any and all necessary and appropriate actions pursuant to this User Agreement and/or Applicable Laws and Regulations. If your account is terminated, we will return your funds, less the value of any trading fee discounts, rebates, and/or damages that we are entitled to pursuant to this User Agreement. If your account is no longer subject to an investigation, court order, or subpoena, you authorize us to return your funds (less any trading fee discounts, rebates, and/or damages to which we are entitled) to any bank account linked to your account, unless otherwise required by law. If there is a Digital Asset balance remaining in your account, you agree to provide us with a Digital Asset address upon receiving Written Notice, so that we can return the remaining Digital Assets to you (less any network charge).

2.17 “Restricted Territories”：The Restricted Territories include the Balkans, Belarus, Burma, Cote D'Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, and Zimbabwe, or any other jurisdiction which we determine we would not be able to offer service for regulatory or policy reasons. We reserve the right to update the list of Restricted Territories and/or reject to provide service for regulatory or policy reasons in our sole and absolute discretion.

3.1. Although the Company has taken reasonable steps to ensure the integrity and accuracy of information communicated, the Company nor any of its agents owe any duty of care to you, nor make any express or implied representation or warranty, and no responsibility or liability is accepted by any of them with respect to the adequacy, accuracy, completeness or reasonableness of the facts, opinions, estimates, forecasts, projections or other information provided on the Site or any further information, written or oral notice, or other document at any time provided in connection with the Company’s offerings or any other aspect of the activities of the Company. Nothing shall be relied upon as a promise or representation regarding any historic or current position or future events. The opinions, descriptions, plans and intentions expressed by the Company are those held by the authors at the date of the relevant communication and may be subject to change.

3.2 Trading Risk: Trading of digital assets involves significant risk. The risk of loss in trading or holding digital assets can be substantial. You should therefore carefully consider whether trading in digital assets or any use of margin if permitted/enabled is suitable for you in light of your financial condition.
You should exercise prudence in trading in digital assets (as well as any other assets). Prices can and do fluctuate on any given moment. Due to such price fluctuations, you may increase or lose value in your assets at any given moment. Any digital asset or trading position may be subject to large swings in value and may even become worthless.

3.3 User Responsibilities. The user shall bear any loss as a result of his/her own actions, including but not limited to:
'Fat finger' input or instructions errors, including price or quantity errors;
Mis-timing or mis-submission of trade instructions;
Forgetting or leaking your password;
Computer or network issues, including any hacks or virus-related issues;
Third parties accessing and using your account for any reason.
In the event of a potential loophole in the trading rules that unjustly enriches the user, we will contact the user to recover the gains. The user must effectively cooperate, otherwise, we will take actions, including, but not limited to restrictions on account transactions, freezing account funds, prosecution of the user in a court with right of jurisdiction and other recourse measures. In the event the user does not cooperate, the user will also bear recourse costs.

3.4 Internet Transmission Risk: You acknowledge that the Company shall not be responsible for any communication failures, disruptions, errors, distortions, or delays you may experience when trading via the platform, howsoever caused. Also, there are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connections.

THE USER EXPRESSLY AGREES THAT THE USER IS USING THE SITE AT THE USER’S SOLE RISK AND THE PRODUCTS AND SERVICES ON THE SITE ARE PROVIDED ON AN 'AS IS' AND 'UNDER DEVELOPMENT' BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (EXCEPT ONLY TO THE EXTENT PROHIBITED UNDER APPLICABLE LAW).

THE USER ACKNOWLEDGES AND AGREES 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 (i) USE OF, OR INABILITY TO USE, THE PRODUCTS OR SERVICES PROVIDED ON THE SITE OR (ii) THE BITLEAGUE LLC TEAM UNDER ANY CAUSE OR ACTION WHATSOEVER OF ANY KIND IN ANY JURISDICTION, INCLUDING, WITHOUT LIMITATION, ACTIONS FOR BREACH OF WARRANTY, BREACH OF CONTRACT OR TORT (INCLUDING NEGLIGENCE) AND THAT NOT THE COMPANY OR NONE OF THE BITLEAGUE LLC TEAM SHALL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, INCLUDING FOR LOSS OF PROFITS, GOODWILL OR DATA, IN ANY WAY WHATSOEVER ARISING OUT OF THE USE OF, OR INABILITY TO USE, THE SITE, OR ARISING OUT OF ANY INTERACTION WITH THE SMART CONTRACT IMPLEMENTED IN RELATION TO THE PRODUCTS OR SERVICES OFFERED ON THE SITE. THE USER FURTHER SPECIFICALLY ACKNOWLEDGES THAT THE COMPANY OR BITLEAGUE LLC TEAM IS NOT LIABLE FOR THE CONDUCT OF THIRD PARTIES, INCLUDING OTHER USERS OF THE SITE, AND THAT THE RISK OF USING THE SITE RESTS ENTIRELY WITH THE USER. TO THE EXTENT PERMISSIBLE UNDER APPLICABLE LAWS, UNDER NO CIRCUMSTANCES WILL THE COMPANY OR ANY OF THE BITLEAGUE LLC TEAM BE LIABLE TO ANY USER FOR MORE THAN THE AMOUNT THE USER HAS PAID TO THE COMPANY. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR CERTAIN TYPES OF DAMAGES. THEREFORE, SOME OF THE ABOVE LIMITATIONS IN THIS CLAUSE AND ELSEWHERE IN THE TERMS MAY NOT APPLY TO A USER. IN PARTICULAR, NOTHING IN THESE TERMS SHALL AFFECT THE STATUTORY RIGHTS OF ANY USER OR EXCLUDE INJURY ARISING FROM ANY WILFUL MISCONDUCT OR FRAUD OF THE COMPANY OR THE BITLEAGUE LLC TEAM.

These Terms (together with the Privacy Policy and Know Your Customer Policy referred herein) set forth the entire understanding between the User and the Company with respect to the use of the Site For facts relating to the sale and purchase, the User agrees to rely only on these Terms in determining purchase or sale decisions and understands that the Terms govern the purchase and sale of all products or services provided on the Site, and supersede any public statements about the Site made by third parties or by the Company or the BitLeague LLC Team or individuals associated with any of the BitLeague LLC Team, past and present.

The User and the Company agree that if any portion of these Terms is found illegal or unenforceable, in whole or in part, such provision shall, as to such jurisdiction, be ineffective solely to the extent of such determination of invalidity or unenforceability without affecting the validity or enforceability thereof in any other manner or jurisdiction and without affecting the remaining provisions of the Terms, which shall continue to be in full force and effect.

The failure of the Company to require or enforce strict performance by the User of any provision of these Terms or the Company’s failure to exercise any right under these Terms shall not be construed as a waiver or relinquishment of the Company’s right to assert or rely upon any such provision or right in that or any other instance. The express waiver by the Company of any provision, condition, or requirement of these Terms shall not constitute a waiver of any future obligation to comply with such provision, condition or requirement. Except as expressly and specifically set forth in these Terms, no representations, statements, consents, waivers, or other acts or omissions by the BitLeague LLC Team shall be deemed a modification of these Terms nor be legally binding.

The Company reserves the right, at its sole discretion, to change, modify, add, or remove portions of the Terms at any time by posting the amended Terms on the Website. Any User will be deemed to have accepted such changes by using the Site. The relationship between the Company and the User is regulated by the version of the Terms in effect at the time of deciding on relevant right or obligation.

The Company will cooperate with all law enforcement enquiries, subpoenas, or requests provided they are fully supported and documented by the law in the relevant jurisdictions.

To the fullest extent permitted by applicable law, the Users will indemnify, defend and hold harmless the Company and BitLeague LLC Team from and against all claims, demands, actions, damages, losses, costs and expenses (including attorneys’ fees) that arise from or relate to: (i) your use of the Site, and purchase or sale of any products or services found on the Site; (ii) your responsibilities or obligations under these Terms; (iii) your violation of these Terms; (iv) your violation of any rights of any other person or entity; or (v) your violation of any law, regulation, order, or other legal mandate.

You are responsible for implementing reasonable measures for securing the wallet, vault or other storage mechanism you use to receive and hold all digital assets and other products purchased through the Site, including any requisite private key(s) or other credentials necessary to access such storage mechanism(s). The Company is not responsible for any losses, costs or expenses relating to lost access credentials.

Any rights and obligations arising from use of the Site are governed by the laws of the State of New Jersey. The Company, any reader of this document and any person who intends to or has used the Site for its intended purposes shall make good faith efforts to amicably resolve any dispute, controversy or claim between them and their respective rights and obligations hereunder. In case a settlement is not reached between the Company, the dispute shall be resolved in accordance with applicable legislation of the State of New Jersey.

The Privacy Policy available on the Website is part of these Terms, and any interaction by the Company with its community and Users and vice versa shall comply with that policy.

Currently, only English versions of any communications with the Company is considered official. The English version shall prevail in case of differences in translation.

You acknowledge and agree that the communications between you and the Company are electronic. You consent to receive communications from the Company in an electronic form, including e-mail. You agree that all terms and conditions, agreements, notices, disclosures and other communications that we provide to you electronically satisfy any legal requirement that such communications would satisfy if they were in writing. The Company will use reasonable efforts to honor any request you may have to opt out from receiving e-mails. You hereby confirm and agree that your sole remedy in connection with any e-mail sent by the Company to you or to any of our customers, investors or borrowers shall be to stop your use of the Website. With respect to these Terms, you waive any rights to require an original (non-electronic) signature or delivery or retention of non-electronic records, to the extent such waiver is not prohibited under applicable law.

You expressly consent to receive marketing and servicing calls and messages, including auto-dialed and pre-recorded message calls and SMS messages (including text messages) from the Company and others calling on Company’s behalf, at the telephone number that you have provided above. You acknowledge that your cellular, mobile or other telephone provider will charge you according to the type of plan you carry. You are not required to give this authorization as a condition of purchasing anything from the Company.

All rights, title, and interest in and to the Website and the Content (as defined below) and any all intellectual property contained therein or relating thereto, including any copyright, patent or trademark, are and will remain the exclusive property of the Company or its licensors, as applicable (except where another person or entity is expressly credited as the provider of such content or data). Such intellectual property is protected by federal and state law and international treaties. You acknowledge and agree that no proprietary rights are being transferred to you in such materials or information, and that you have no intention of using such materials or information inappropriately or to in any way harm the Company or any of its affiliates, directors, officers or employees.
For purposes of the Terms of Service, the Content shall include all contents of the Website, including any logos, identifying marks, images, illustrations, designs, icons, photographs, videos, text and other written and multimedia materials, all of the Company’s deposit, loan information (including rate information) and requirements, products, services, advertising materials or collateral, log-in or registration criteria and instructions, help guidelines, user documentation and customer and technical support documents, and the Website’s likeness, look and feel, format, layout, software, code (whether binary, assembly, source, object, HTML or otherwise), routines, scripts, software, platforms and applications, as well as any data, files, archives, folders or downloads available on the Website.
Subject to the terms and conditions of the Terms of Service, the Company grants you a limited, non-transferable, non-sublicensable, non-exclusive, revocable license to use the Website and the Content for personal use, for persons who seek to enter into or have entered into loans, seek to or have become lenders or any person interested in learning more about the Company, its products and services, until such time as the Terms of Service terminate or expire or your right to use or access the Website is terminated in accordance with the Terms of Service.
You acknowledge and agree that any violation of the provisions of the Terms of Service regarding the Company’s Intellectual Property, Copyrights and Identifying Marks and Acceptable Use of the Website; Conditions of Your Use above may subject you to compensatory and punitive damages, and shall specifically also entitle the Company to equitable relief (including an injunction), in addition to (and not in substitution or replacement for) any other available remedies at law or in equity, without the need for the posting of a bond or any other requirement.

The Website may contain links or connections to third party websites. Any such link or connection is provided only as a convenience, and should be used at your own risk. The Company has no control over any such other websites, the contents thereof or the products, services or policies represented. The existence of any link or other connection does not imply any affiliation, sponsorship, endorsement, approval, investigation, representation, warranty, verification or monitoring by the Company or create any liability on the part of the Company in respect of such link or connection. Please be aware that your use of any such third-party websites is governed by the privacy policies of those sites, which you are encouraged to review before using such sites.
You and the Company hereby acknowledge and agree that the Company shall have no responsibility for any liabilities arising from or related to the contents of any third- party website or the use of any such website (including any mobile website) or the privacy policies and customer information practices of any such website.

The Company makes no claims that the Website or the Content are appropriate for or may be downloaded or accessed outside of the United States. If you access the Website from outside the United States, you do so at your own risk and are responsible for compliance with the applicable laws of the country or jurisdiction where you may be located. You may not use or export any content of the Website in violation of U.S. export laws and regulations or any other U.S. or foreign federal, state or local statute, rule or regulation. The Content is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. The Company makes no representations that the Content is appropriate for use in all locations, or that the transactions, products, loans, financial instruments or services indicated or discussed on the Website are available or appropriate for sale or use in all jurisdictions, or countries or by all investors or counterparties. For further information regarding use of the Site, please contact support@bitleague.com.

Welcome to BitLeague. We are glad to have you with us. Please read and keep this BitLeague User Agreement (“Agreement”).

BitLeague LLC and affiliates are referred to herein as the “BitLeague”, “Company”, “we”, or “us”. The person who applies and/or owns BitLeague Account (“Account”) is referred to herein as "you", "your" or “User”. You agree to be bound by the terms of this Agreement, including any policies or other terms incorporated by reference. You fully understand that if you do not agree to be bound by this Agreement, you shall not access or use the BitLeague Services. BitLeague Services include providing you with access and utility through our digital asset trading platform bitleague.com, bitleaguepro.com, mobile application (“Site”) via software, API (application program interface), technologies, products and/or functionalities (collectively or individually, the 'Service(s)').

The Company reserves the right to change or modify the terms and conditions contained in this Agreement, including but not limited to any policy or guideline of the platform, at any time and at its sole discretion. As described in this Agreement, you agree to be legally bound by these terms and all terms incorporated by reference. We will provide notice of these changes by posting the revised Agreement on bitleague.com or by emailing users at their provided email addresses, or by any other means as determined by the Company at its sole discretion, and the updated Terms shall be effective at such time. In the event that you do not agree with any such modification, your sole and exclusive remedy is to terminate your use of the Services and close your Account. You agree that we shall not be liable to you or any third party as a result of any losses suffered by any modification or amendment of these terms. Your non-termination or continued use of this Site or Services after the effective date of any changes or modifications of this Agreement constitute acceptance of such changes or modifications.

BitLeague Account types include:
Fiat Currency Account:
This account is denominated in USD, or other fiat currencies. By opening or maintaining your account on or after the Effective Date of this Agreement, you agree that the terms contained in herein will govern your account and any services related to your account.
Bitcoin Current Account
By opening or maintaining your account on or after the Effective Date of this Agreement, you agree that the terms contained in herein will govern your account and any services related to your account.
Bitcoin Term Deposit Account
Our Bitcoin Term Deposit Account is a crypto repository account that allows you to earn interest on the eligible cryptocurrency held in your account. By opening a Bitcoin Term Deposit Account on or after the effective date of this Agreement, you agree that the terms contained in herein will govern your Bitcoin Term Deposit Account and any services related to your account. A Bitcoin Term Deposit Account opened prior to the effective date will be governed by this Agreement, as modified from time to time in accordance with this Agreement. You agree that this Agreement will govern any existing Bitcoin Term Deposit Account maintained on or after the effective date. We reserve the right to update this Agreement from time to time.

For all accounts: Anyone who is at least eighteen (18) years old can apply to open an account. In order to open your account, we must verify your identity and require acceptable types of identification. To help the government fight the funding of terrorism and money laundering activities, federal law requires us to obtain, verify, and record information that identifies each person or entity that opens an account. When you apply for an account, we will ask for information that will allow us to identify you. We may also ask for your driver’s license or other identifying documents. For business accounts, we may require identification information related to the ultimate beneficial owners of your business. Bitcoin Term Deposit Account is not available in the States of New York, Connecticut, Washington and Wyoming. All our accounts are not available in Cuba, Iran, North Korea, Sudan, Syria, Libya, or any other country to which the United States, the United Kingdom or the European Union embargoes goods or imposes similar sanctions, or any other jurisdiction which we determine we would not be able to offer Services for regulatory or policy reasons. We reserve the right to update the list of prohibited jurisdictions and/or reject applications to open accounts that we determine we would be unable to accept for regulatory or policy reasons in our sole and absolute discretion. You represent and warrant that any and all information provided to us pursuant to this Agreement or otherwise is true, accurate and not misleading in any respect. If any such information changes, it is your obligation to update such information as soon as possible. Note that we may use information from third parties to help us determine if we should open or maintain your account. Your account is not deemed to be opened, and we have no responsibility to you unless and until you have received written confirmation from us that your account has been opened. We are not obligated to accept an application from any applicant, and we reserve the right not to open an account for any applicant in our sole and absolute discretion.

a. BitLeague offers Fiat Currency Account, Bitcoin Current Account, Bitcoin Term Deposit Account. b. These accounts can be opened at bitleague.com, bitleaguepro.com, our mobile application. c. Bitcoin Current Account — This account allows you to make your deposit by transferring bitcoin to the deposit address provided in your BitLeague Account. d. Bitcoin Term Deposit Account —This account allows you to make your deposit by transferring bitcoin to the deposit address provided in your Account. By opening a Bitcoin Term Deposit Account, you have contracted to keep the deposited funds on deposit until the maturity date of the Bitcoin Term Deposit.

You can make your deposit by transferring bitcoin to the deposit address provided in your Account. The transfer of bitcoin to your Bitcoin Current Account and Bitcoin Term Deposit Account may not be deemed settled and completed until (i) the transaction has been recorded in a block and five (5) consecutive subsequent blocks referring back to such block (meaning six (6) blocks in total) have been added to the applicable blockchain or (ii) the transaction has met a different protocol for a specific cryptocurrency that BitLeague has agreed to. As of the date of these Terms, the minimum deposit required to open a Bitcoin Term Deposit Account (the “Minimum Balance”) is 0.00001 Bitcoin. We may, in our sole discretion, change the Minimum Balance in the future, and such changed Minimum Balance will apply to your Bitcoin Term Deposit Account. You may transfer fiat currency into your Account by wire transfer or ACH from your bank account with a third-party financial institution that provides wire or ACH transfer services. If you fund by wire transfer you must include a unique, 6-digit code provided by us in the wire memo. This allows us to associate the bank account used to initiate the wire with your account. You agree that deposit settlement times may be delayed in connection with downtime or disruptions with our service providers.

Accounts can be held in the types of ownership described below. a. Individual Account This account is owned by only one person who can deposit, trade, transfer or withdraw bitcoin held in the account. b. Business Account This account is owned by a corporation, unincorporated association, limited liability company, limited liability partnership, fiduciary, partnership, sole proprietorship or other entity holding an account in any capacity other than an individual capacity. Each person or entity completing any account opening requirements represents and agrees that he or she (i) is fully authorized to execute all documents or otherwise complete our requirements in his or her stated capacity, (ii) has furnished all documents or other information necessary to demonstrate that authority and (iii) will furnish other documents and complete other requirements as we may request from time to time. We may refuse to recognize any resolution affecting your business account that appears to us to be incomplete or improperly executed.

Definition of APR: An annual percentage rate (APR) is the annual interest rate that is paid on an investment, without taking into account the compounding of interest within that year. For accounts at BitLeague, we use APR to calculate the actual return on the principal. Bitcoin Current Account: This account does not offer interest. You may make a withdrawal of bitcoins from your Bitcoin Current Account at any time. Bitcoin Term Deposit Account: This account can be invested for a range of terms of between three months and thirty-six months. For bitcoin term deposits, interest and principal are paid upon maturity. Interest on a term deposit account accrues daily, based on the initial balance (principal) of the term deposit account on the relevant day. The effective starting date to accrue the interest is the second day of your fund is transferred to your bitcoin term deposit account. Interest is not compounded (that is, it is not added to the principal of the account). APR is fixed for the term of your term deposit. We will tell you the APR for the particular term that you have chosen when you establish a term deposit. We use the daily periodic rate to calculate the interest on your account. The daily periodic rate is the APR fixed for the term of your deposit divided by 365, even in leap years. The formula to calculate the interest of bitcoin term deposit is as below: Earned interest = principal x APR for this term deposit/365 x total days of the term

All payments from, or relating to, a term deposit account (including interest payments, and the principal paid to you upon maturity) will be made by the crediting of your BitLeague bitcoin current account within two (2) business days of the maturity day. Your account must be open on such date in order for you to receive the payment.

You may transfer fiat currency and bitcoin (“Customer Assets”) from your Account to a Registered External Account (as defined below) that you have linked via the Services. “Registered External Account” means a bank account, account with another financial institution, wallet software, device or service, digital currency address or similar account or service not hosted or provided by us. Fiat Currency Account: You may make a withdrawal of fiat currency from your Fiat Currency Account at any time. The time needed to complete a withdrawal will depend in part upon the performance of third parties, and we make no guarantee regarding the amount of time it may take to complete such withdrawal. Any third party fees charged by third parties in connection with your withdrawal will be deducted from the amount of fiat currency you withdraw from your account. Bitcoin Current Account: You may make a withdrawal of bitcoins from your Bitcoin Current Account at any time. BitLeague initiates the withdrawal process instantly when possible, and we may require up to two (2) business days after you submit your withdrawal request to process the withdrawal , and we make no guarantee regarding the amount of time it may take to complete such withdrawal. Bitcoin Term Deposit Account: You may not make an early withdrawal prior to the maturity date. If we consent to the early withdrawal prior to the maturity date, we will impose a penalty. The penalty amount will be equal to the total interest accrued in the account, which means we will only pay the initial opening balance when we consent to the early withdrawal. We will make the payment within seven (7) business days after our consent to the early withdrawal. The interest earned and the principal will be automatically credited to your bitcoin current account within two (2) business days after the maturity day, and you can withdraw the bitcoins from your bitcoin current account after that. We may decide and change the minimum and maximum withdrawal amount for the Account any time, and this information will be posted on Site. Any blockchain transaction fees charged by third parties in connection with your withdrawal will be deducted from the amount of cryptocurrency you withdraw from your account. For example, if you withdraw one Bitcoin from your account, and the Bitcoin network charges a transaction fee equal to 0.01 Bitcoin, you will receive 0.99 Bitcoin.

Orders: Provided that you have sufficient Customer Assets in your Account, the Services can be used to submit requests to purchase or sell bitcoin, (an “Order”).

Hold on Customer Assets: When you submit an Order, the corresponding amount of Customer Assets required to complete such Order, including any applicable fees, will be held for purposes of completing the Order and will be unavailable for other uses or transactions via the Services until such time as the Order is completed or canceled in accordance with this Agreement. In the event of an Order that exceeds the limits for your Account, we reserve the right to cancel all or any portion of such Order and restore any Customer Assets associated with the cancelled Order (or portions thereof), minus any fees associated with the return.

Order Matching: By submitting an Order you authorize us to match and execute your Order on a spot basis for all or a portion of the Customer Assets specified in the Order (less any applicable fees). Your Order may be matched with an order on any order book maintained by us or to which we have access, or may be executed directly with us.

Self-Trade Prevention: The Services include mechanisms designed to prevent self-trading so that the same user cannot be both the maker and taker on an Order or any portion of an Order. If you were to be matched with an Order you placed (self-trade), that Order (or applicable portion of the Order) will be voided without fees and only the remaining, non-voided portion of the Order, if any, would be eligible to be fulfilled.

Settlement: Subject to this Agreement, we will settle Orders (or portions thereof) that are matched and executed using the Services (each, a “Trade”) by adjusting ledger balances to reflect the appropriate credits and debits on the respective BitLeague Accounts. The Customer Assets exchanged in the trade (and any applicable fees) will be the basis for calculating the amount of any credits and debits, but because Customer Assets are held in pooled accounts and wallets, no Customer Assets will necessarily be transferred in connection with any Trades.

Independent relationship: You acknowledge and agree that: (a) We are not acting as your broker, intermediary, agent, or advisor or in any fiduciary capacity in connection with any Trades, and (b) no communication or information provided to you by us shall be considered or construed as advice.

Prices and Availability: We may, at our discretion, enable direct purchase and sale of bitcoins by us using the Services by publishing on the Services the price at which we are willing to purchase or sell bitcoins. We reserve the right to reject any offer to purchase or sell any bitcoin and to discontinue purchase or sale of any or all bitcoin at any time at its sole discretion and without notice.

Quotes: Prior to completing your purchase or sale of any bitcoin, the Services will display the amount of Customer Assets you will pay and the amount of bitcoins or fiat currency that will be credited to your account (after deducting any applicable fees) in connection with the proposed transaction (each, a “Quote”). A Quote is provided for information purposes only and is not an offer by us to buy or sell for the amounts quoted. If you use the Services to initiate an offer based on the Quote, that offer represents your offer to buy or sell for the financial terms represented in the Quote and the other terms and conditions in this Agreement and presented by the Services. We may accept or reject your offer at its discretion. You agree to comply with any terms and conditions provided with the Quote as well as this Agreement.

Payment Methods: You may be able to purchase bitcoins from us using an external payment method that is accepted via the Services. You represent and warrant that you are authorized to use your designated payment method. You authorize us, or our designated payment processor, to charge your designated payment method for the full amount of the order. If the payment method you designate cannot be verified, is invalid or is otherwise not acceptable, your offer will be rejected.

Restrictions: We may, at any time and in our sole discretion, refuse any Transaction submitted via the Services, impose limits on Transaction amounts or impose any other conditions or restrictions upon your use of the Services without prior notice.

Insufficient Customer Assets: If you have an insufficient amount of Customer Assets to complete a Transaction, we may cancel the entire Transaction request or partially fulfill the Transaction request using the amount of Customer Assets currently available in your Account, less any fees.

Cancellations: Once your Transaction request has been processed via the Services, you may not change, withdraw or cancel your Transaction request.

Errors: All Transactions are final and will not be reversed unless required by applicable law or regulation, or if we determine that a Transaction should be reversed based on an error or violation of this Agreement. A major discrepancy between the price at which a Transaction is completed and market rate is an example, without limitation, of a reason we may decide to reverse a Transaction. We may also halt trading to prevent additional errors, as required by law or otherwise as determined by us to preserve the security and integrity of the Services. If a technical error occurs due to our willful misconduct or gross negligence, we will use reasonable efforts to restore all users to the position they would have been in had the error not occurred.

Market Manipulation Prohibited: You may not (and you may not assist any third party to) (a) interfere with the free and fair operation of the Services or the market for bitcoin, or (b) create, or engage in any conduct designed or intended to create, an artificial, false or misleading impression of the price or market for bitcoin (collectively, “Market Manipulation”). Market Manipulation includes but is not limited to any activity done to deceive other traders or create the perception of increased liquidity or volatility.

Trading availability: BitLeague offers bitcoin trading service to United States residents in states as below: California, Colorado, Delaware, Massachusetts, Missouri, Montana, New Jersey, North Dakota, Utah, Wisconsin.

You agree to pay us for any Trades and other Transactions effected using the Services and for any other products or services of BitLeague made available through the Services, as well as any other amounts specified in this Agreement. The amounts payable by you pursuant to the preceding sentence as fees for trades and other transactions effected using the Services will be calculated based on the fee schedules published on bitleague.com. We reserve the right to change any fees or other charges at any time at its sole discretion by updating the information published using the Services. Any such changes will be effective immediately upon publication unless expressly stated otherwise.

It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and to collect, report, and remit the correct tax to the appropriate tax authority. We will make any tax withholdings or filings that we are required by law to make, but we are not responsible for determining whether taxes apply to your transaction, or for collecting, reporting, or remitting any taxes arising from any transaction. You are responsible for complying with applicable law. You agree that BitLeague is not responsible for determining whether or which laws may apply to your transactions, including tax law. You are solely responsible for reporting and paying any taxes arising from your account.

Your Bitcoin Current Account and Bitcoin Term Deposit Account are not a checking or savings account, and they are not covered by insurance against losses. We will lend, sell, pledge, rehypothecate, assign, invest, use, commingle or otherwise dispose of funds and cryptocurrency assets to counterparties, and we will use our commercial best efforts to prevent losses. In certain jurisdictions, cryptocurrency is not legal tender, is not backed by the government, and accounts and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. Some cryptocurrency transactions shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that the customer initiates the transaction. The value of cryptocurrency may be derived from the continued willingness of market participants to exchange government-issued currency for cryptocurrency, which may result in the potential for permanent and total loss of value of a particular cryptocurrency should the market for that cryptocurrency disappear. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future. The volatility and unpredictability of the price of cryptocurrency relative to government-issued currency may result in significant loss over a short period of time. The nature of cryptocurrency may lead to an increased risk of fraud or cyber-attack, including rollback attacks or blockchain reorganizations. The nature of cryptocurrency means that any technological difficulties experienced by BitLeague may prevent the access or use of a customer’s cryptocurrency. Any trust account maintained by BitLeague for the benefit of its customers may not be sufficient to cover all losses incurred by customers. In light of these risks, you should carefully consider whether holding cryptocurrency is suitable for you in light of your financial condition.

Any blockchain may undergo software updates from time to time, which will result in a permanent divergence in the blockchain (a “Hard Fork”). The result is that the cryptocurrency on that blockchain will split into two (2) separate and distinct blockchains, the legacy currency and a new currency, which is issued to those holders of the legacy currency on the date of the Hard Fork (the “New Currency”). Due to the administrative complexity of being the repository for a hard-forked currency, the support of any New Currency in your account is solely at the discretion of BitLeague. If we make no public announcement regarding an attempted Hard Fork, we will not support the New Currency, in which case, all accounts will be denominated in the legacy currency and all interest will accrue in the legacy currency. In the event that a Hard Fork achieves the required consensus, it is possible that we will only support the New Currency and will discontinue our support of the legacy currency. In the event of a Hard Fork that entitles you to a New Currency, you are advised to withdraw the applicable cryptocurrency from your account prior to the date of the Hard Fork. BitLeague is in no way obligated to monitor or maintain balances of New Currency issued to holders of the applicable cryptocurrency upon a Hard Fork or to credit you for the value of such New Currency. In the event you wish to receive New Currency issued upon a Hard Fork, you are advised to withdraw the applicable cryptocurrency from your account prior to the date of the Hard Fork. All determinations regarding Hard Forks shall be made by BitLeague in its sole and absolute discretion and in accordance with all applicable law.

In consideration for the bitcoins in your account, you grant BitLeague the right, subject to applicable law, without further notice to you, to hold the bitcoins held in your account in BitLeague’s name or in another name, and to pledge, repledge, hypothecate, rehypothecate, sell, lend, or otherwise transfer or use any amount of such bitcoins, separately or together with other property, with all attendant rights of ownership, and for any period of time and without retaining in BitLeague’s possession and/or control a like amount of bitcoins, and to use or invest such bitcoins at its own risk. You acknowledge that, with respect to assets used by BitLeague pursuant to this paragraph, (i) you may not be able to exercise certain rights of ownership and (ii) BitLeague may receive compensation in connection with lending or otherwise using bitcoin in its business to which you will have no entitlement.

You hereby represent and warrant to us at all times during which you hold bitcoin in your accounts that any bitcoin used by you in connection with your accounts is owned by you or that you are validly authorized to carry out transactions using such bitcoin and that all transactions initiated with your accounts are for your own account and not on behalf of any other person or entity.

All of our actions relating to your account, including this Agreement, will be governed by the laws and regulations of the United States and, to the extent not preempted, the laws and regulations of the State of New Jersey. Any lawsuit regarding your account must be brought in a proper court in the State of New Jersey. If any part of this Agreement is determined to be invalid or unenforceable, such determination will not affect the remainder of this Agreement. We reserve the right at all times to monitor, review, retain and/or disclose any information as necessary to satisfy any applicable law, regulation, legal process or governmental request.

All contributions to your Bitcoin Current Account and Bitcoin Term Deposit Account must consist of eligible cryptocurrency and must be transferred to the deposit address provided in your BitLeague account application or as otherwise notified by us to you. We have the right to reject any deposit and the right to return a deposit already made. Any deposit received on any business day at or before 11:59 p.m. ET will be treated by us as being received on such business day.

This Agreement and the deposit, trade relationship do not create a fiduciary relationship between us.

We may follow instructions regarding your accounts if we reasonably believe that you have authorized the instructions.

Accounts are not transferable or assignable in whole or in part.

We are required by law to turn over the funds in abandoned or unclaimed customer accounts to the state of your last known residence.

For purposes of this Agreement, our business days are Monday through Friday. Saturdays, Sundays and all US Banking Holidays are not included.

You agree to indemnify and hold us and our affiliates harmless from any losses, damages, suits and expenses, of whatever kind, including reasonable attorneys’ fees, which we may incur in connection with or arising out of your use of your accounts or our activities in connection with such account, your violation of any law, regulation, order or other legal mandate, or the rights of a third party, or any act or omission by your agent, representative or third-party service provider while using your accounts, regardless of whether the specific use was expressly authorized by you. You agree to comply with applicable law and to not use your accounts for unlawful internet gambling transactions or any other transaction or activity that is illegal or violates applicable regulations or rules of any applicable self-regulatory organization. Please note, your agreement to comply includes United States federal and state economic sanctions laws and regulations, including those issued by the Office of Foreign Assets Control of the U.S. Department of the Treasury and Executive Orders issued by the President of the United States. We are not liable to you for claims, costs, losses or damages caused by an event that is beyond our reasonable control (e.g., the acts or omissions of third parties, natural disaster, emergency conditions, government action, equipment or communications malfunction). We are not liable for special, incidental, exemplary, punitive or consequential losses or damages of any kind. Any amounts owed or liabilities incurred by us (“Obligations”) may be satisfied solely from the assets of BitLeague LLC. Without limiting the generality of the foregoing, in no event shall you have any recourse, whether by setoff or otherwise, with respect to any amounts owed or liabilities incurred, to or against any assets of any person or entity other than BitLeague LLC for Obligations, including, without limitation, any member, affiliate, investor, employee, officer, agent or advisor of BitLeague LLC. We reserve the right to limit access to your accounts, which can include temporarily or permanently removing your online access, restricting your account and/or closing your accounts without prior notice to you unless prior notice is required by law. We do not bear liability for such actions. In addition, BitLeague reserves the right to withhold or delay the withdrawal of funds or assets belonging to you if you fail to comply with this Agreement. Our liability to you for a claim is limited to the face value of the item or transaction, or the actual value of any funds not properly credited or debited.

We are not liable to you for errors that do not result in financial loss to you. We may take any action authorized or permitted by these Terms without being liable to you, even if such action causes you to incur fees, expenses or damages. If third parties make claims on your account, or if we receive conflicting instructions from authorized signers, or if we become involved in or concerned about a dispute between you and an authorized signer, we have discretion to react in ways we believe to be appropriate, including by closing your account and returning the cryptocurrency deposited therein or interpleading funds to court. You are liable for all expenses and fees we incur for such conflicts or disputes, including internal costs and attorneys’ fees, and we may charge them to your account.

If legal action such as an attachment, garnishment, levy or other state or federal legal process (“legal process”) is brought against your account, we may refuse to permit (or may limit) withdrawals or transfers from your account until the legal process is satisfied or dismissed. Regardless of the terms of such attachment, garnishment, levy or other state or federal process, we have first claim to any and all funds in your account. We will not contest on your behalf any such legal process and may take action to comply with such legal process as we determine to be appropriate in the circumstances without liability to you. If we incur any expenses, including without limitation, reasonable attorney fees, in connection with any such legal process, we may charge any expenses and fees to your account or any other account you may have with us without prior notice to you, or we may bill you directly for such expenses and fees. Any garnishment or other levy against your account is subject to our right of setoff and security interest.

You grant us a security interest in any and all of your accounts with us for obligations owing to us or any of our affiliates by any owner of any of your accounts. These obligations include both secured and unsecured debts and debts you owe individually or together with someone else, including debts and obligations under other transactions or agreements between you and us or any of our affiliates. We may take or set off funds in any or all of your accounts, or transfer funds between any or all of your accounts, with us or any of our affiliates for direct, indirect and acquired obligations that you owe us or our affiliates, including any balances as a result of not having sufficient funds available, regardless of the source of funds in an account. These rights are in addition to other rights we have to take, transfer or charge funds in your account for obligations you owe us or our affiliates. We may consider this Agreement as your consent to BitLeague’s asserting its security interest or exercising its right of setoff should any laws governing your account require your consent. If the law restricts our ability to take, transfer or setoff funds in your account, or if some deposits are protected from attachment, levy or legal process, to the extent that you may do so by contract, you waive those conditions and limits and authorize us to apply funds in any or all of your accounts with us to obligations you owe us. Exercising these rights may result in early withdrawal penalties.

You must promptly notify us of any change in your residential address, mailing or email address. Failure to notify us may result in delay or non-receipt of BitLeague correspondence. If you move to a state, or country in which we are do not provide Services, we will terminate your Account.

We may record and monitor our telephone conversations with you and your electronic communications with us (chat, e-mail and other forms of electronic exchange). Unless the law requires otherwise, you consent in advance to such recording and monitoring and we do not need to remind you of these activities.

We may delay or waive any rights we have under this Agreement. If we delay or waive our rights, you are still obligated to pay us fees and other amounts you may owe us under this Agreement. Any delay or waiver of our rights applies only to the specific instance in which we decide to delay or waive the provision and does not affect our future rights in any way.

Please be aware that accounts or services can change over time. We reserve the right to discontinue or make changes to accounts or services. We may change this Agreement, and we may add to or delete from this Agreement, and the updated agreement will supersede all prior versions. We will provide notice of changes, additions, and deletions as required by law. If we have provided advance notice and you do not agree with a change, you may close your account(s) before the effective date of the change, addition or deletion. Your continued maintenance of your account following the effective date of any change, addition or deletion will be subject to this Agreement as so modified.

We accept digital images, e-signatures, and facsimile signatures for documents that need to be signed. However, we will not be liable if use of a device was unauthorized or if the size, color or quality of the signature is different from that of any signature previously presented to us. If a facsimile signature is used for a withdrawal from your account, you are responsible for any withdrawal from your account when the facsimile signature resembles or purports to be the signature of a person authorized to make withdrawals from your account. You agree to reimburse us (and we may charge your account) for all claims, costs, losses and damages, including reasonable attorneys’ fees, that result from our payment of a withdrawal accompanied by a facsimile signature or by a facsimile or digital image that we otherwise believe you authorized.

We have the right to close your account at any time for any reason without advance notice. If your account has a balance when we close it, we will return the remaining Customer Assets to you, less any applicable penalty, networking fees, and any other charges, unless prohibited by applicable law. If the cost of penalty, networking fees and other charges are larger than the value of the remaining Customer Assets balance, we may not return the remaining balance to you.

Our platform allows you to review your accounts and conduct certain other transactions online. You must maintain adequate security and control of any and all IDs, passwords, hints, or any other codes that you use to access your account through our online platform. Any loss or compromise of the foregoing information and/or your personal information may result in unauthorized access to your account. We assume no responsibility for any loss that you may sustain due to compromise of your sensitive information.

Tell us AT ONCE if you believe that an electronic transfer has been made without your permission. Please email to contact@bitleague.com immediately to report your finding. You accept all risks of unauthorized access and use of your account.

If we do not complete a transfer to or from your account(s) on time or in the correct amount according to our agreement with you, we will be liable for your actual losses or damages. However, there are some exceptions. We will not be liable, for instance:
a. If, through no fault of ours, you do not have enough funds in your account to make the transfer.
b. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable
precautions that we have taken.
c. In the case of preauthorized credits, if the data from the third party is not received, is incomplete or erroneous.
d. If your account is not in an active status.
There may be other exceptions stated in our agreement with you.

We will disclose information to third parties about your account or the transfers you make:
a. Where it is necessary for completing transfers; or
b. In order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; or
c. If you give us your written permission; or
d. If we close your account due to a deficient balance, excessive instances when you do not have sufficient funds in your account or to protect or enforce our legal rights; or
e. In order to comply with government agency or court orders; or
f. As disclosed in our Privacy Policy.

Effective Date: Feb/4/2020