Scope
These Terms apply to your access to and use of Bitvast's website, forms, official communication channels, and related service support.
Acceptance
By accessing this website, submitting a request, contacting the Bitvast team, or continuing to use related services, you confirm that you have read, understood, and agree to be bound by these Terms.
Services
Bitvast primarily provides the following service support:
- Bidirectional conversion arrangements between fiat and USDT
- Support for institutional OTC scenarios
- Review, communication, delivery and settlement coordination relating to the above services
Information shown on the website is for general reference only and does not constitute a binding commitment, fixed quote, or obligation to provide service to any client.
Eligibility
- You must be at least 18 years old and have full legal capacity
- If acting on behalf of a business or institution, you must have proper authorisation
- You must comply with applicable laws and regulations, and must not be located in a restricted jurisdiction, subject to sanctions, or otherwise prohibited from doing business with us
Bitvast reserves the right to accept or decline any request, enquiry, or cooperation application at its discretion.
Accuracy of Information
All information, documents and statements provided to Bitvast must be true, accurate, complete and not misleading. If any information is found to be incorrect, omitted, false or materially withheld, Bitvast reserves the right to suspend, refuse or terminate the relevant service arrangement.
Due Diligence
Bitvast may conduct client identification, document verification, business background review, source-of-funds review, risk assessment, sanctions screening and other necessary checks as required. If a client fails the review or refuses to provide required materials, Bitvast may decline to proceed.
Quotes & Confirmation
Any quote, time estimate, service description or arrangement suggestion provided by Bitvast prior to formal confirmation may be indicative only. Quotes and conditions may be adjusted in the event of market movement, change in size, change in delivery path, additional review requirements, or operational conditions.
Delivery & Settlement
Bitvast will only proceed with delivery and settlement after the relevant conditions are confirmed and necessary reviews are completed. The client is responsible for the accuracy of wallet addresses, beneficiary details, account information and related instructions provided.
Bitvast does not accept liability beyond a reasonable scope for delays caused by incorrect client information, third-party delays, on-chain congestion, banking processing limitations, or other factors outside its control.
Refusal, Suspension & Termination
Bitvast reserves the right to refuse, suspend, restrict or terminate service in the following circumstances:
- Client information is incomplete or inaccurate
- Compliance, sanctions, money-laundering, fraud or other risk concerns exist
- The client breaches these Terms
- Required by laws, regulations, supervisory authorities or third-party partners
- Bitvast considers that continuing to provide the service poses a material risk
Client Obligations
- Has the right to engage in the relevant arrangement
- Source of funds is lawful
- Source of wallet assets is lawful
- Information provided is complete and accurate
- Understands and accepts the risks associated with digital assets
Non-Bank Statement
Bitvast is not a bank and does not provide bank accounts, deposits, savings or other banking services. Any fiat or digital asset delivery arrangement is provided solely for specific service scenarios and should not be regarded as a bank deposit, stored-value account or insured deposit product.
No Investment Advice
Bitvast provides service support, workflow coordination and delivery arrangements. Nothing we provide constitutes investment, legal, tax or financial advice. Clients should make independent decisions based on their own circumstances and consult professional advisors where necessary.
Risk Notice
Digital assets involve price volatility, liquidity changes, on-chain delays, technology risk, wallet risk, and changes in laws and policies, as well as third-party execution risk. Fiat settlement may also be affected by banking channels, regional rules, holiday schedules, and operational limits.
Official Channels
Clients should communicate with Bitvast only through the official contact methods listed on this website. Bitvast accepts no liability for any unofficial channels, personal accounts, private contact methods or fraudulent activity that impersonates Bitvast.
Limitation of Liability
To the extent permitted by applicable law, Bitvast is not liable for indirect losses, loss of profits, loss of opportunity, delay-related losses, or losses caused by third-party system failures. Where liability cannot be fully excluded under applicable law, Bitvast's liability shall be limited as provided by such applicable law.
Data & Privacy
By using the website, submitting a form or communicating with the Bitvast team, you consent to Bitvast collecting, using, retaining and disclosing necessary information in accordance with our Privacy Policy for the purposes of review, communication, service delivery, risk control and legal compliance.
Updates
Bitvast may update these Terms from time to time in light of business, legal, regulatory or operational developments. Updated versions take effect from the date they are published on the website.
Governing Law
These Terms are governed by the laws of the Province of Ontario, Canada. Any disputes arising from or in connection with these Terms shall be submitted to the courts of Ontario, Canada.
