Policy Purpose: The purpose of Bitexcoin’s KYT/AML policy is to identify customers who are involved in transactions, especially when there is reasonable suspicion that the customer is abusing the Bitexcoin platform or engaging in illegal activities. Circumstances triggering KYT actions:
Investing in cryptocurrencies and NFTs is inherently risky and therefore, it is very important to conduct your own research and draw your own conclusions before buying or selling any cryptocurrency or NFT. Under no circumstances will Bitexcoin be liable for
You understand and accept that by using blockchain technology there is the risk of forks, system failures, project abandonment, protocol and algorithm failure, and newer issues related to quantum computing, which can result in the breakdown of the project built
You understand and acknowledge that although we do our utmost to ensure security, there is always a risk of potential abuse and hacks in the blockchain and/or system layers that exist above the blockchain layer, such as wallets, browsers, websites
You understand and agree that for various reasons including but not limited to; lack of public or developer interest, unfavorable regulations, technological flaws, or lack of funding, the Bitexcoin project may be abandoned, resulting in the associated tokens becoming illiquid
You understand and agree that for various reasons including but not limited to; lack of public or developer interest, unfavorable regulations, technological flaws, or lack of funding, the Bitexcoin project may be abandoned, resulting in the associated tokens becoming illiquid
You understand and agree that no market liquidity is guaranteed with respect to the Bitexcoin Token and NFTs and that the value (if any) of the Bitexcoin Token and NFTs may fluctuate significantly or depreciate over time, resulting in losses
You understand and agree that there is no guarantee that the Fit-to-Earn Model or other fundamental aspects of the Bitexcoin strategy, go-to-market strategy, NFT plan or development model will result in commercial success or that you will receive any profit
You understand and accept that another possible risk of funds being lost is through oracles that can act as attack vectors if they are compromised.
You understand and accept that the technology used in Bitexcoin is subject to legal relations, there is always a possibility that some jurisdictions may impose new or existing regulations related to applications based on blockchain technology or cryptocurrencies that could
