Terms & Conditions
What follows is a description of the terms and conditions upon which AI Miner (“the Company”) offers access to its Website to the Client (“Client”) and the use of its services (the “Agreement”). The terms, conditions and risks corresponding with the Client’s usage of services that are accessible under the domain of www.new.aiminer.io (the “Website”) are detailed in the following Agreement.
Any queries concerning this Agreement may be answered by the Company’s Customer Support.
Before registering an account with the Company, it is required to agree with and accept all of the terms and conditions concluded in the following Agreement without any modifications, which include the terms and conditions clearly circumstanced below. By continuing to access or use the Website the Client agrees to follow the terms and conditions of this Agreement.
This Agreement is efficient upon acceptance in registration for newly registering customers.
If the Client does not agree to any of the terms and conditions concluded in this Agreement, he/she is requested to cease using the Website and inform the Company in writing immediately.
2. Online Services Agreement
This Agreement is made by and between AI Miner (the Company) and the Client (account holder at www.new.aiminer.io).
This Agreement applies to both the Website and the trading software which supplies all its customers with real time information about the exchange rate of certain cryptocurrencies, plus with the program facilities for trading transactions execution via the phone, fax, the web and any other services, features or content which the Company may add in the future (the “Services”).
3. Membership Eligibility
The Services are only accessible and may only be used by individuals or companies able to legally bide contracts under the law that is in force in their country of residence. Without limiting the foregoing, people under the age of 18 or any legal age (“Minors”) must not use our Services.
For the avoidance of doubt, the Company does not hold the responsibility for any unauthorized use of its Services by Minors.
Without denigrating from the above, the Company does not hold the responsibility for verifying and/or checking the Client’s knowledge and/or experience ampleness. The Company does not hold the responsibility for any transactions the Client performs, the Client’s usage of the Services nor any damage and/or loss the Client endures due to and/or related to the Website.
4. Registration Information and Requirements
While registering at www.new.aiminer.io, certain identifying data will be required from the Client. The Client holds the responsibility for securing the Username and Password for his/her account.
The Client agrees to deliver information about himself/herself that are needed for registration process. The information will be genuine, precise, current and whole. The Client agrees not to impersonate anyone, distort any affiliation with a person, entity or association, use false headers or harbor identity from the Company in any other way for any aim.
The Client can register only one account with the Company. If the Company detects multiple accounts belonging to the same person, accounts using the same IP address or upon detection of any other signs of possession of multiple accounts, the transactions and the financial outcomes of all Client’s accounts can be cancelled.
Registration as or for a business entity means declaration of having the power to bind the entity to this Agreement.
5. Legal Restrictions
Without limiting the foregoing, the Client hereby declares understanding of the fact that laws regarding financial contracts are different in many places in the world. The Client is responsible to check if he/she fully adheres to any law, regulation or directive, that is in force in the Client’s country of residence and applies to the use of the Website.
For avoidance of doubt, the fact that the Website is accessible does not mean that the Services and using the Services is legal in the Client’s country of residence.
The Client hereby declares that the money the Client invested with the Company do not come from any kind of illegal activity.
The prevailing language in case of interpretation will be the English language.
6. Limited License
The Company grants the Client a non-exclusive, non-transferable and limited personal license to access and use the Website (the “License”).
The License is conditioned on the Client’s continued compliance with the terms and conditions of this Agreement.
The Client agrees not to resell or permit access of the Website to others, and not to copy any materials appearing on the Website for resale or for any other purpose to others without the prior written consent of the Company.
For avoidance of doubt, the Client shall be responsible and bound by any unauthorized use of the Website, made in breach of this section.
The Client agrees to use the information received from the information systems of the Company for the sole purpose of executing transactions inside and within the Website.
The Client further agrees not to use any electronic communication feature of the Service on the Website for any purpose that is unlawful, tortuous, abusive, intrusive on another’s privacy, harassing, libellous, defamatory, embarrassing, obscene, threatening or hateful.
The License granted under this Agreement will terminate if the Company believes that any information provided by the Client, including the Client’s e-mail address, is no longer current or accurate, or if the Client fails to otherwise comply with any term or condition of this Agreement.
Upon such violation, the Client agrees to cease using the Website.
The Client agrees that the Company, at its sole discretion and with or without notice, may terminate the Client’s access to any or all Services, close the Client’s open transaction and remove and discard any information or content within the Service.
7. Risk Disclosure
The Client agrees to use the Website at his/her own risk.
Without limiting the foregoing, the Services contained within this Site are suitable only for customers who are able to bear the loss of all the money they invest, and who understand the risks and have experience in taking risks involved in financial markets.
The possibility exists that the Client could sustain a loss of some or all of the initial investment and therefore should not invest money that he/she cannot afford to lose.
The Company is not liable or responsible for any loss or damage due to any reason. By using the Website, the Client acknowledges that he/she is familiar with these risks and that he/she is solely responsible for the outcomes of his/her decisions. The Company accepts no liability whatsoever for any direct or consequential loss arising from the use of the Website. The Client understands and agrees that past results are not necessarily indicative of future performance.
8. Risks related to the use of cryptocurrencies
The Company will not be responsible for any losses, damages or claims arising from events falling within the scope of the following five categories:
a) Mistakes made by the user of any cryptocurrency-related software or service, e.g., forgotten passwords, payments sent to wrong wallet addresses and accidental deletion of wallets.
b) Software problems of the Website and/or any cryptocurrency-related software or service, e.g., corrupted wallet file, incorrectly constructed transactions, unsafe cryptographic libraries, malware affecting the Website and/or any cryptocurrency-related software or service.
c) Technical failures in the hardware of the user of any cryptocurrency-related software or service, e.g., data loss due to a faulty or damaged storage device.
d) Security problems experienced by the user of any cryptocurrency-related software or service, e.g., unauthorized access to users’ wallets and/or accounts.
e) Actions or inactions of third parties and/or events experienced by third parties, e.g., bankruptcy of service providers, information security attacks on service providers, and fraud conducted by third parties.
9. Financial Information
The Company may share with the Client financial information produced inwardly or received from agents, partners or vendors (“Third Party Providers”).
The information may contain financial market news, quotes, data, graphs, research reports or analyst’s opinions, but is not restricted to them. (“Financial Information”).
Financial Information the Website provides is not destined to be an investment advice.
The Financial Information is not ratified nor approved by the Company. The purpose of sharing the Financial Information is to provide the Client with a service for his/her own convenience.
The precision, timeliness, right sequencing or completeness of the Financial Information is not guaranteed by the Company nor Third Party Providers. The Company and Third Party Providers do not warrant the outcomes of the use the Client makes of the Financial Information.
Financial Information may stop being reliable in a short time because of changes in market conditions, economic conditions or other reasons.
Updating information or opinions concluded in any Financial Information is not required from The Third Party Providers nor the Company. The Company has the right to stop offering Financial Information at any time and is not required to announce it.
The Client is responsible for verifying if the information on the Website is credible and suits the Client’s needs.
The Company is not responsible for any claim, damage or loss that information presented on the Website or referred to by the Website have supposedly caused.
10. Trading Cancellation
The Company has the right in its discretion to deny or withdraw the Services and/or decline the profits distribution to anyone for any justified reason. The reasons include what follows, but are not limited to:
- Any case when the Company has reasons to think that a person’s activities on the Website are not lawful
- Any case when the Company may endure any financial, regulatory or fiscal damage caused by anyone’s operations
- Any case when the Company rates any transaction on the Website as prosecuted in violation of this Agreement
- When the Client uses proxy servers, VPN software or any other anonymous services to access the Website.
The Company may take action at its own discretion against any Cleint who has knowingly exploited any technical issues and ban them permanently from the Company.
11. Payment Procedure
A request for withdrawal of funds should be submitted by the Client electronically through the internal interface of the Website. After the Client creates the request, the amount to be withdrawn is not deducted from the balance of the Client’s account until the moment of processing the payment. When the Client’s request is approved, funds are immediately sent and the transaction is visible on blockchain.info.
The only way to withdraw the initial investment is to use the same method as while funding the account.
In case investment rewards and bonuses have been received, the withdrawal will be processed only when all terms are met.
The Company has the right to suppress the Client’s withdrawal request until full closure of all Open Positions. Thus, before submitting a withdrawal request, the Client is obliged to make sure that all Open Positions are settled.
The Company does not wish to restrict the Client’s account down in time when the Client has not met the trading volume stipulations related to the bonus yet. Thus, before submitting a withdrawal request, at the Client’s explicit request submitted in writing, all active bonus(es) can be deducted from the Client’s current account balance together with any trading profits or losses connected to the bonus issued by the Company. After that the Client will be capable of managing the remaining account balance without limitations.
12. Investment Reward and Bonus Policy
The Company can provide its new Clients as well as the returning ones with many profitable reward features in the form of cash promotions, bonuses, Contracts and one-time trading credits.
The above-mentioned promotions are limited time offers. The terms and conditions associated with any bonus rewards are subject to change.
To withdraw funds from an account with active contracts, promotions or bonuses, the Client is required to fulfill the trading volume requirements of 40 times the value of the bonus. The trading volume requirement begins upon adding the bonus to the Client’s account.
All funds may be withdrawn only in case when the preceding conditions have been fully met and fulfilled. This includes the original and later deposits.
The Company is entitled to change, freeze or cancel the bonus’ or grant’s terms and conditions, from time to time.
At any time, the Company has the right to remove the bonus or grant and the profits achieved by using the bonus or grant from the Client’s trading account, on its sole discretion and without giving any reasons. In this case, the Company bears no responsibility for Client’s losses and damages, including but not limited to the financial losses, and the Client does not have any claims against the Company.
In case of any indication of fraud, manipulation and other cheating or illegal activities based on the provision of bonus the account, any and all profits or losses acquired will be voided.
13. Limited Liability
The Company takes on to deliver constant Services on the Website. Nevertheless, the Company is not responsible for any interruption, deletion, delay, defect, omission, error in transmission on operation, communications line failure, destruction, theft or unauthorized access to, or alteration on, the Website or Services. The Company holds no responsibility for any problem or technical malfunction of any telephone network or lines, hardware, software, computer online systems, servers or providers, failure caused by technical problems or traffic obstruction on the Internet or on any of the Website or Services.
To the maximum extent permitted by applicable law, under no circumstances does the Company hold responsibility for any damage or loss arising from any content posted on or through the Website or Services, or from the behaviour of any users of the Website or Services online or offline.
In no case will the Company or any of its directors, officers, employees or agents hold responsibility for any damage whatsoever.
14. AML Procedures
No one has the right to overuse this Website for purposes of money laundering. The Company applies the most effective anti-money laundering (AML) procedures. The Company has the right of declining doing business with, cancelling doing business with, and reversing the transaction of customers who do not accept or conform to the AML stipulations and policies below:
- The Client is required to deliver all the needed information upon registration.
- Only the individual who at first registered to open a live account may withdraw funds.
- In order to prevent any abuse, all Bitcoin deposits and withdrawals from customers account must be made from one Bitcoin Wallet. For avoidance of doubt, Bitcoin withdrawals must be made to the same Bitcoin wallet that was used by registered customers for bitcoin deposit.
- Each person may only have one account.
- Gains cannot be gathered on more accounts opened by the same person and the account opened in false names.
- The Company has the right to occasionally, at its sole discretion, demand a supplementary proof of identity from a customer as it is considered required under the circumstances. A proof of identity may be a notarized copy of passport or other means of identity verification. The Company has the right to, at its sole discretion, suspend an account until the client will deliver such proof to the Company’s satisfaction.
15. Intellectual Property
All trademarks, logos, services marks, trade names, icons and other content are owned by the Company or its affiliates or agents and are under protection of copyright laws and international tracts and provisions.
The Client hereby agrees not to remove any copyright notices or other indications of protected intellectual property rights from materials downloaded or printed from the Website.
The Client hereby agrees to refrain from uploading, posting, reproducing or distributing any information, software of material of different kind that is under protection of copyright or any other intellectual property right (and by rights of publicity and privacy) unless the Client receives permission of the owner of such rights and a written consent of the Company first.
The Client hereby agrees to defend and protect the Company and its directors, officers, employees and agents and to hold them harmless from and against any and all damages, losses, claims, liabilities and expenses, including without limitation reasonable attorney’s fees and costs, resulting from or in any way connected with:
- The Client’s access to the use of the Website or Services
- The Client’s infringement of any of the terms stated in this Agreement
- The Client’s infringement of any applicable laws or regulations.
17. Term and Termination
The term of this Agreement is unlimited. Nevertheless, the Company has the right to renounce this Agreement at any time by written notice to the Client. After the termination, the Client will not be capable of performing new transactions.
The Company holds no responsibility in any way to any people in case of force majeure, or for any government’s or legal authority’s actions.
If any provision in this Agreement is held to be invalid or not enforceable, all the other provisions will still be in full force and effect.
If the party fails to enforce any right or provision of this Agreement, such failure will not be legitimized as disclaimer of such right or provision.
The Company has the right to assign this Agreement or any obligations and/or rights hereunder without the Client’s agreement.
The Company has the right to adjust the terms of this agreement occasionally by posting the adjusted terms on the Website. The Client holds responsibility for ascertaining if such adjustments took place. Any adjustment becomes valid from the day of its publishing on the Website. If the Client does not agree to be bound by said adjustments, he/she is requested to cease using or accessing the Website and inform the Company in writing as soon as possible.