Terms and Conditions

1. General

By accessing this website, you (hereinafter referred to as you or the User), are agreeing to be bound by these web site Terms and Conditions of Use and all applicable laws and regulations. By not complying with any of the Terms and Conditions of Use, as set forth herein, you are prohibited from accessing or using this site. All materials contained in this website are protected by applicable copyright and trademark law.

2. Local Laws

BIT200.NET is not intended for use by any person in any country where such use would be contrary to local law or regulation. It is the sole responsibility of the User of BIT200.NET to ascertain the terms of and comply with any local law or regulation to which they or the trades they undertake are subject to.

3. Licenses

In consideration for your agreement to these Terms and Conditions, the Site grants you a personal, non-exclusive, non-transferable, revocable license to access and use the Site. You may access the material on the Site only for your own personal, non-commercial use. The burden of determining that use of any information obtained from the Site is permissible rests with you.

By posting to or otherwise engaging in any communication within the Site, you are granting the Site (or any of its assignee’s) a perpetual, royalty-free, and irrevocable right and license to use, reproduce, modify, adapt, publish, translate, distribute, transmit, publicly display, publicly perform, sub-license, create derivative works from, transfer, and sell any such information.

4. Unauthorized Use

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.

5. 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.

6.Cryptocurrencies related risks

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.

7. 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.


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.

9. Disclaimer

The Site does not warrant that the Site will operate in an uninterrupted or error-free manner or that the Site is free of viruses or other harmful components. Use of information obtained from or through the Site is at your own risk.

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.

10. Account Opening Information & Requirements

Registering at BIT200.NET, 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. The information the Client confides in the Company will be treated with caution, in accordance with the exposures it provides while registering and in its Privacy Policy.

11. 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.

12. 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.
  • Bonus can be added only when customer agrees for it. In most cases is not automatically credited to the account balance once investment is made. It is required to contact one of company's representatives for matching the deposit.
  • To withdraw funds from an account with active contracts, promotions or bonuses, the Client is required to fullfil the trading volume requirements of 30 times the value of the bonus. The trading volume requirement begins upon adding the bonus to the Client’s account.
  • All funds (including bonus and profits) 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. Privacy Policy

Protecting the privacy of the User is of an utmost importance to us. In order to ensure that the confidentiality of personal information is protected and maintained, we are committed to complying with the following principles on collecting, using, storing, communicating and disclosing any personal data, as set forth herein:

  • Before or at the time of collecting personal information, we will identify the purposes for which information is being collected.
  • We will collect and use the personal information solely with the objective of fulfilling those purposes specified by us and for other compatible purposes, unless we obtain the consent of the individual concerned or as required by law.
  • We will only retain the personal information as long as necessary for the fulfillment of those purposes.
  • We will collect personal information by lawful and fair means and, where appropriate, with the knowledge or consent of the individual concerned.
  • Personal data should be relevant to the purposes for which it is to be used, and, to the extent necessary for those purposes, should be accurate, complete, and up-to-date.
  • We will protect personal information by reasonable security safeguards against loss or theft, as well as unauthorized access, disclosure, copying, use or modification.
  • We will make readily available to customers information about our policies and practices relating to the management of personal information.

14. 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 Client who has knowingly exploited any technical issues and ban them permanently from the Company.

15. Bit 200 Fees

Bit200 software is free to use for the purpose of trading activities. If an account is inactive (no trading activity performed during 14 days), the user is obliged to have a remaining account balance in cryptocurrencies equivalent to the amount of 1100 EUR (regardless the current market value of those virtual currencies). Failure to meet this obligation results in a limitation to accessing the account and functionality. In case of withdrawal of all the remaining cryptocurrency balance from the account, a monthly fee (for every month started) of an equivalent of 57 EUR will be deducted. If the balance will be below obligations resulting from the monthly fee, a customer has 7 days to pay for the owed fees. If after 7 days the fees are not paid for the company, the account on Bit200 will be suspended. While the account is suspended, failure to pay for the owed fees within 7 days will result in closing the account.

16. Company Liability & Indemnity

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. Bot synchronization with the markets

The bot is synchronized with major cryptocurrency exchanges and live markets, subject to their accessibility and current traffic.

18. General

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.

The Company holds no responsibility in any way to any people in case of force majeure, or for any government or legal authorities 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.