Please read these terms and conditions carefully before using this site.
Terms of website use
Services provided by Localbitex Incorporated might not be legally allowed in certain jurisdictions. By accepting these terms and services you confirm that you are not resident of such jurisdictions.
Other applicable terms
Information about us
www.localbitex.com is a site operated by localbitex Incorporated ("we", “our” or "us"). We are registered in the British Virgin Islands under company number 193567 and are located at R.G. Hodge Plaza, Upper Main Street, Wickham’s Cay 1, P.O. Box 3483, Road Town, Tortola, British Virgin Islands.
We are a limited company.
Changes to these terms
Please check this page from time to time to take notice of any changes we made, as they are binding on you.
Changes to our site
We may update our site from time to time, and may change the content at any time. However, please note that any of the content on our site may be out of date at any given time, and we are under no obligation to update it.
We do not guarantee that our site, or any content on it, will be free from errors or omissions.
Accessing our site
Our site is made available free of charge however charges may be incurred by using some of its services.
We do not guarantee that our site, or any content on it, will always be available or be uninterrupted. Access to our site is permitted on a temporary basis. We may suspend, withdraw, discontinue or change all or any part of our site without notice. We will not be liable to you if for any reason our site is unavailable at any time or for any period.
You are responsible for making all arrangements necessary for you to have access to our site.
Registration, your account and password
The site is available for you if you are at least 18 years old. In order to use the site as a buyer or seller you must first register. If you choose, or you are provided with, a user identification code, password or any other piece of information as part of our security procedures, you must treat such information as confidential. You must not disclose it to any third party.
You can only act on your own behalf. No account can be used to act as an intermediary or broker. You can only use your own trading accounts to trade. Your account must not contain false or misleading information about you, including, but not limited to having non-personal phone number or falsifying the country of origin. You are not allowed to share your account access with any other person or entity without prior approval from us. If you share account access with any third party we reserve the right to terminate your account(s).
If you know or suspect that anyone other than you knows your user identification code or password, you must promptly notify us.
Selling on our site
We aim to provide an effective platform for you to list digital currency for sale (“Seller”) or to buy such digital currency (“Buyer”) - we make our services available through our website, mobile applications, and other platforms. However, we are not acting as agent of the Seller. Our aim is to provide a favourable experience for both our Sellers and Buyers.
If you are a Seller offering digital currency for sale you shall:
Buying on our Site
If you are a Buyer buying digital currency with fiat currency, it is your sole responsibility as Buyer to arrange a suitable payment method with the Seller. We accept no liability for any losses arising as a result of any method of payment agreed between the Buyer and Seller. The Buyer shall, if required by us, be ready to prove his identity, when buying digital currency online.
Uploading content to our site
Whenever you make use of a feature that allows you to upload content to our site, or to make contact with other users of our site, you must comply with the content standards set out in our Acceptable Use Policy.
You warrant that any such contribution does comply with those standards, and you will be liable to us and indemnify us for any breach of that warranty. If you are a consumer user, this means you will be responsible for any loss or damage we suffer as a result of your breach of warranty.
Any content you upload to our site will be considered non-confidential and non-proprietary. You retain all of your ownership rights in your content, but you are required to grant us and other users of the site a limited licence to use, store and copy that content and to distribute and make it available to third parties. The rights you license to us are described in the next paragraph (Rights you license).
You cannot provide content that you do not have the right to submit, unless you have the owner's permission; this includes material covered by someone else's copyright or any other proprietary right.
We also have the right to disclose your identity to any third party who is claiming that any content posted or uploaded by you to our site constitutes a violation of their intellectual property rights, or of their right to privacy.
We will not be responsible, or liable to any third party, for the content or accuracy of any content posted by you or any other user of our site.
The views expressed by other users on our site do not represent our views or values.
Rights you licence
When you upload or post content or submit material to our site, you grant to us a perpetual, worldwide, non-exclusive, royalty-free, transferable licence to use, reproduce, modify, distribute and display that content or material in connection with the service provided by the site and across different media and for the purposes of marketing and promotion of the site and Localbitex Incorporated. You represent and warrant that you own or otherwise control all of the rights to the content that you upload or post.
The Seller shall pay to us a transaction fee (“Transaction Fee”) at the rate displayed on www.localbitex.com, as amended from time to time, such sum shall be deducted from the amount of digital currency being held in the escrow service at the time the Seller completes the transaction by clicking the appropriate button to finalise the trade .
If you are a Buyer you acknowledge that:
Buyers making an offer for the purchase of digital currency on the site represent and warrant by placing any offer that they are ready, willing and able to pay the full purchase price within 24 hours of making such an offer.
Upon acceptance of the Buyer’s offer to purchase by the Seller, we shall separately confirm the agreement to the Seller and notify the Buyer submitting the offer that the offer was successful.
If there is no contact or payment from the Buyer to the Seller within 24 hours of the offer being successful, the Seller may contact our support team and we reserve the right to abort the transaction.
Whilst the digital currency remains in the escrow service, the Buyer may abort the transaction at any time.
When a Buyer's offer is confirmed by the Seller, the specified amount of the digital currency the Buyer wishes to buy (which includes the transaction fee payable to us) is held locked on our escrow service. After the Seller confirms the buy request, the digital currency specified is reserved from the wallet of the Seller and put into escrow. The digital currency will not be released by us until the Seller completes the transaction by clicking the appropriate button on the website to finalise the trade.
When a Seller's offer is confirmed by the Buyer, the specified amount of the digital currency the Seller wishes to sell (which includes the Transaction Fee) is reserved from the wallet of the Seller and put into escrow. The digital currency will not be released by us until the Seller completes the transaction by clicking the appropriate button to finalise the trade.After a trade is initiated but prior to completion of the trade, if there has been no activity for 24 hours by either the Buyer or the Seller, we reserve the right to abort or release the transaction. If a transaction is aborted or released, all funds held in escrow relating to the aborted transaction shall be released to the Seller or Buyer.
Any dispute with respect to the sale shall be resolved between the Buyer and Seller and without the participation of Localbitex Incorporated. The Seller is solely responsible for collecting payment from the Buyer. Localbitex Incorporated does not guarantee and is not responsible in any way for the performance or non-performance of Buyers or Sellers using the site.
We reserve the right to release a transaction from escrow to either Buyer or Seller if there is substantial evidence by governmental, executive or legislative authorities, which indicate that the transaction has to be released to one of the parties.
Intellectual property rights
We are the owner or the licensee of all intellectual property rights in our site, and in the material published on it. Those works are protected by copyright laws and treaties around the world. All such rights are reserved.
You may print off one copy, and may download extracts, of any page(s) from our site for your personal use and you may draw the attention of others within your organisation to content posted on our site.
You must not modify the paper or digital copies of any materials you have printed off or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text.
Our status (and that of any identified contributors) as the authors of content on our site must always be acknowledged.
You must not use any part of the content on our site for commercial purposes without obtaining a licence to do so from us or our licensors.
No reliance on information and Disclaimer
The content on our site is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
We assume no responsibility for the information displayed on this site by you or other users, and we make no guarantee, warranty or representation as to its accuracy.
WE MAKE NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THIS SITE OR ITS CONTENT, OR ANY SERVICE AVAILABLE ON OR PROMOTED THROUGH THIS SITE. THIS SITE AND ALL OF THE INFORMATION AND SERVICES MADE AVAILABLE THROUGH THIS SITE ARE PROVIDED ON AN "AS IS," "AS AVAILABLE" BASIS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND. TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ANY AND ALL REPRESENTATIONS AND WARRANTIES, WHETHER EXPRESS OR IMPLIED, WITH RESPECT TO THIS SITE AND THE INFORMATION AND SERVICES MADE AVAILABLE THROUGH THIS SITE. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, WE DISCLAIM ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, (A) OF TITLE, NONINFRINGEMENT, SUITABILITY AND FITNESS FOR A PARTICULAR PURPOSE; (B) ARISING FROM COURSE OF DEALING OR COURSE OF PERFORMANCE; (C) RELATING TO THE SECURITY OF OUR SITES; (D) THAT THE CONTENT OF OUR SITES IS ACCURATE, COMPLETE, CURRENT OR RELIABLE; AND (E) THAT OUR SITE WILL OPERATE WITHOUT INTERRUPTION OR ERROR.
You agree to defend, indemnify and hold harmless us, our subsidiaries, licensors and service providers, and its and their respective officers, directors, employees, contractors, agents, licensors, suppliers, successors and assigns from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses or fees (including reasonable professional advisors’ fees) arising out of or relating to your violation of these Terms and Conditions or your use of this site, including any content you upload to the site, any use of this site's content and services other than as expressly authorised in these Terms and Conditions or your use of any information obtained from this site.
Limitation of our liability
We will not be liable to you for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with:
If you are a business user, please note that in particular, we will not be liable for:
If you are a business user, our maximum aggregate liability to you for all loss, damage or expense arising out of or in connection with the use of our site shall be a sum equal to the Transaction Fee.
If you are a consumer user, please note that we only provide our site for domestic and private use. You agree not to use our site for any commercial or business purposes, and we have no liability to you for any loss of profit, loss of business, business interruption, or loss of business opportunity.
We will not be liable for any loss or damage caused by a virus, distributed denial-of-service attack, or other technologically harmful material that may infect, damage or cause loss to your computer equipment, computer programs, data, other proprietary material or any digital currency due to your use of our site or to your downloading of any content on it, or on any website linked to it.
We assume no responsibility for the content of websites linked on our site. Such links should not be interpreted as endorsement by us of those linked websites. We will not be liable for any loss or damage that may arise from your use of them.
We do not guarantee that our site will be secure or free from bugs or viruses.
You are responsible for configuring your information technology, computer programmes and platform in order to access our site. You should use your own virus protection software.
You must not misuse our site by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorised access to our site, the server on which our site is stored or any server, computer or database connected to our site. You must not attack our site via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the Computer Misuse Act 1990. We will report any such breach to the relevant law enforcement authorities and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our site will cease immediately.
Linking to our site
You may link to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it.
You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists.
You must not establish a link to our site in any website that is not owned by you.
Our site must not be framed on any other site, nor may you create a link to any part of our site other than the home page.
We reserve the right to withdraw linking permission without notice.
Third party links and resources in our site
Where our site contains links to other sites and resources provided by third parties, these links are provided for your information only.
We have no control over the contents of those sites or resources.
Governing law and Jurisdiction
Localbitex is a trade mark of Localbitex Incorporated who is the proprietor of the UK registered trade mark under trade mark number UK000032490 for “Localbitex, Buy Coins, be free, value privacy” in classes 36 and 38.
To contact us, please email firstname.lastname@example.org.
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Or maybe you’d like to call us: (+7 (966) 552-88-46)
We provide professional and secure trading services for Cryptousers