This document concludes a public agreement between you as client and XIBIT. Please read the Terms carefully before expressing consent.

By using the XIBIT, you acknowledge and agree that: (1) you accept these Terms and Conditions; (2) you understand and accept risks associated with using Crypto and your responsibilities; and (3) XIBIT provides only limited services of Selling and Buying Crypto, and shall not be liable for consequesnces of your personal financial decisions and usage of the purchased Crypto, once it is in sole possession of the Client.

General terms

XIBIT / Company / We: trade name of XI BIT SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ, ul. PIOTRKOWSKA, nr 116, lok. 52, miejsc. ŁÓDŹ, kod 90-006, poczta ŁÓDŹ, kraj POLSKA, registration number 0001023663.

Terms: this document, Terms and Conditions.

Platform / Website: this website, https://xi-bit.com.

Service: services, provided by XIBIT on this website.

Client / You: user of the Service.

Crypto: digital assets, provided by the Service, such as Bitcoin.

Fiat: currency, currently Euro.

Eligibility

By using the Website, you represent and warrant that you meet these eligibility requirements.

You must be at least 18 years old and have the legal capacity to enter into a binding agreement with the XIBIT. If you represent a legal person, you must be fully authorised to act on its behalf. Other than authorised employee of a legal person, Client must not represent other person and use the account at XIBIT other than own.

You hold full responsibility over correctness of provided information and documents, including KYC information and documents, confirmation of deposit, proofs of the source of deposited funds, personal wallet address and bank details, other information.

You warrant that funds, that are used to deposit to your account are held as personal property, and are coming from legal sources.

You must not operate from following countries: Afghanistan, Albania, Angola, Barbados, Belarus, Burkina Faso, Bahamas, Benin, Botswana, Burma, Burundi, Cambodia, Cayman Islands, Congo, Cote d’Ivoire (Ivory Coast), Cuba, Democratic People's Republic of Korea (DPRK), Ecuador, Eritrea, Ethiopia, Gibraltar, Ghana, Guinea-Bissau, Guam, Haiti, Iran, Iraq, Jamaica, Jordan, Kenya, Laos, Lebanon, Libya, Liberia, Mali, Morocco, Mozambique, Myanmar, Nigeria, Panama, Paraguay, Pakistan, Philippines, Russian Federation, Senegal, Sierra Leone, South Sudan, South Africa, Somalia, Sri Lanka, Sudan, Syria, Tanzania, Trinidad and Tobago, Türkiye, Tunisia, Uganda, Ukraine, USA, United Arab Emirates, Vanuatu, Yemen, Zimbabwe.

IF YOU DO NOT ACCEPT THESE TERMS, YOU SHALL NOT USE XIBIT, IT’S SERVICES AND CONTENT OF THE WEBSITE.

Account registration and verification

When you register for an account, you agree to provide accurate and complete information about yourself and to update this information as necessary. We might request you to update the information due to regulatory requirements imposed on us, or request of the payment processing institution.

You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You agree to notify us immediately of any unauthorized use of your account.

User is allowed to register only one personal account, using personal contact information (phone number, email). Creating multiple accounts, or breaching Privacy policy will result in suspension of the account and termination of the business relationship with the Client.

According to legislative requirements, all users of XIBIT are identified and verified. Information shall be provided true, accurate and full, in case if we detect counterfeit or other types of fraudulent activity, account will be terminated and case will be reported to the authorities.

Verification of account is performed manually by XIBIT relevant departments. For more details, please refer to the AML/KYC policy.

Before verification, Client will not be credited with funds nor shall be allowed to perform withdrawal of funds. In case if the account is not verified in 14 days after our request, account is terminated. In case if we requested documents that are necessary to check and approve incoming deposit, if this is not done by the Client in a timeframe that was outlined in the request, funds shall be returned.

Prohibited activities

You agree not to use the Website for any illegal or unauthorized purpose. You may not:

1. violate any applicable laws, regulations, or third-party rights;
2. use the Website to transmit any harmful or malicious code, viruses, or other software or files that may damage, interfere with, or disrupt the Website;
3. use the Website to transmit any spam, unsolicited messages, or other unauthorized communications;
4. use the Website to engage in any fraudulent, deceptive, or manipulative activities;
5. engage in any activity that imposes an unreasonable or disproportionate burden on the Website’s infrastructure, including but not limited to denial-of-service attacks;
6. interfere with or disrupt the security or integrity of the Website or any data or personal information stored on the Website;
7. use the Website to engage in any activities that are harmful to minors;
8. engage in any activities that could damage the reputation or interests of the Website or its users;
9. engage in any activity that could be considered as money laundering, terrorist financing or other illicit activities, including but not limited to: illegal gambling, drugs, provision of weapons or explosives, obscene content, pyramid schemes, human trafficking, war and hate propaganda, any other illegal goods and services.

Transactions

Transaction, performed or requested in the User’s cabinet, shall be considered client’s direct order / request.

Funding account with Fiat via wire deposit is affected by processing time of involved financial institutions, their work schedules and technical issues.

Only own funds are accepted. We hold a strict policy against third party deposits. If ownership is not verified, funds will be returned.

Dutifully authorised deposits are funded within 24 hours (holidays and weekends excluded).

Sale and Purchase are an irreversible operation. Please consider price fluctuations, change of price will not be considered a reason to undo the sale/purchase.

Withdrawal requests are executed with approval of XIBIT, and processed within 24 hours (holidays and weekends excluded). It has to contain bank details of client’s personal bank account or Crypto wallet.

Fees

The use of the Website may incur fees, which are subject to change at any time.

Fees are displayed prior to each transaction; amount can vary as it depends on the method of deposit and the fees of the chosen payment solution. By confirming the operation, you agree to pay fees according to that calculation. Please also be aware of fees, that might be applied to your financial institution or payment processor.

Minimum Fiat deposit is 500 EUR (or in equivalent).

Minimum Crypto deposit is not limited.

Crypto withdrawal has a fee of 0.0005 BTC.

We do not charge storage or maintenance fees.

Termination of account

You might resolve to terminate your account at any time since its creation. Non-withdrawn funds might be sent back according to the Refund policy.

Non-verified accounts are terminated in 14 days after our request.

XIBIT might at its sole discretion terminate the User’s account in case of security violation, illegal activities or other unlawful actions of the User, breach of this Terms, Service closure or other events that stop Company’s operations.

Disclaimer of warranties

The Website is provided on an “as is” and “as available” basis, without warranties of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not guarantee the accuracy, completeness, or reliability of any information or content on the Website.

Limitation of liability

In no event shall we be liable for any direct, indirect, incidental, special, or consequential damages arising out of or in any way connected with your use of the Website or any information or content on the Website. This limitation of liability applies regardless of whether the damages arise out of breach of contract, tort, or any other legal theory, and even if we have been advised of the possibility of such damages.

Indemnification

You agree to indemnify, defend, and hold us harmless from and against any claims, liabilities, damages, losses, costs, or expenses, including reasonable attorneys’ fees, arising out of or in any way connected with your use of the Website or any breach of these Terms.

Modifications to the Website and Terms

We reserve the right to modify, suspend, or discontinue the Website or any part of the Website at any time without notice. We also reserve the right to modify these Terms at any time, without notice.

Governing Law

These Terms shall be governed by and construed in accordance with the laws of Poland, without giving effect to any principles of conflicts of law.

By accepting this Terms, you understand and agree to act in compliance with applicable laws and regulations.

Intellectual Property

All content on our website, including text, graphics, logos, images, and software, is the property of XIBIT or our licensors and is protected by copyright and other intellectual property laws. You may not reproduce, distribute, modify, or create derivative works of any content without our prior written permission.