Terms of Service

BitStar is a cryptocurrency derivatives trading platform that is wholly owned by BitStar Limited (Republic of Seychelles company number 193008)
These Terms of Service apply to your access and use of any services provided by BitStar. By creating an account and using BitStar services, you agree to be bound by these Terms of Service.

 

Definitions

BitStar: the website and trading platform owned and operated by BitStar Limited (“We”)
User: any individual who creates a BitStar account. (“You”)
Data: any data manually input into the website by you or automatically collected by BitStar.
Services: all services provided by BitStar, including but not limited to trading, deposit, withdrawal, and storage of cryptocurrency.
Website: any images, written material, data, source code, or other information available on the BitStar website and trading platform.
Intellectual Property: any registered or unregistered patents, copyrights, trademarks, or any other intellectual property rights, anywhere in the world.

 

Accounts

In order to create an account and use BitStar services, you must:

  • • Be at least 18 years of age.
  • • Comply with the relevant laws of the Republic of Seychelles.
  • • Comply with the relevant laws of your home jurisdiction.
  • • Submit and verify a valid email address.
  • • Be the legal owner of any funds deposited to your BitStar account.
  • • Be aware of the risks of using BitStar services, including underlying cryptocurrency price volatility and the possible total loss of funds in your account when trading with leverage.
  • • Keep your username, password, and two-factor authentication secure and private.
  • • Not give access to your account to unauthorized users.

BitStar reserves the right to:

  • • Impose temporary limits on deposits and withdrawals as security and operational needs demand.
  • • Freeze any account if there is suspicion of illegal activity or violation of these Terms of Service. We will then conduct an investigation and determine whether to unfreeze the account or permanently close it. During the investigation, deposits, withdrawals, and trading will be disabled. If we decide to close the account, the user will be allowed to withdraw all legally-owned funds.
  • • Pursue legal action for violations of these Terms of Service.
 

Privacy

BitStar respects your privacy. We believe that protection of privacy is an absolutely essential requirement for a safe, enjoyable user experience.
Data that BitStar may automatically collect includes IP addresses, website usage information, deposit and withdrawal history, trading history, contact information that you voluntarily provide, and your direct electronic communications with BitStar support staff.
All user information collected and stored by BitStar is protected by strong data encryption technology and industry best practices.
BitStar will take reasonable measures to protect users from privacy-degrading blockchain analytics technologies.
BitStar will never sell or rent users' personal information or history to any third party.
If compelled by a legitimate court order, BitStar may share pertinent information with relevant law enforcement entities.
Cookies are used to improve your user experience. If you wish to disable cookies, you may do so in your web browser settings.

 

Trading

All trades executed on the BitStar trading platform are final and irreversible.
All calculations performed by the BitStar trading platform and verified by BitStar are final.
In order to maintain an orderly market during periods of extreme price volatility, BitStar reserves the right to liquidate any positions at any price at any time, regardless of profit or loss.
BitStar may change margin requirements at any time.
You agree to pay the trading fees enumerated in this Fee Schedule.
You must not engage in any form of market manipulation.

 

Liability

BitStar shall not be held liable for any losses or damages due to any cause outside its reasonable control, including but not limited to natural disasters, war, terrorism, fire, electric power supply failure, and government intervention.
BitStar shall not be held liable for any losses resulting from local, regional, or global internet service disruptions or slow connection speeds.
You agree to indemnify BitStar, its directors, officers, employees, and agents against any claims and expenses, including legal fees, arising out of your use of BitStar services, including but not limited to your violation of these Terms of Service.
You understand that cryptocurrency is still a high-risk, experimental technology and acknowledge that BitStar bears no responsibility for systemic failure or unsatisfactory performance of the underlying technology.
You agree to bear full responsibility for any losses or damages arising from your use of BitStar services.

 

Governing Law

These Terms of Service are governed by the internal substantive laws, but not the choice of law rules, of Republic of Seychelles.

 

Miscellaneous

The invalidity or unenforceability of any of these Terms shall not affect the validity or enforceability of any other of these Terms, all of which shall remain in full force and effect.
Any failure or delay by BitStar to exercise any right, power or privilege under these Terms shall not be considered as a waiver thereof.
BitStar may, at our sole discretion, with or without prior notice and at any time, modify or discontinue, temporarily or permanently, any or all services.
BitStar reserves the right to amend or modify these Terms of Service. We will notify you of any such changes promptly.