1.2. Satoshi Counter is a Canadian company which sells and purchases bitcoins directly to and from its registered members exclusively, in exchange for sovereign currencies.
1.3. Satoshi Counter is not a financial institution, deposit institution, bank, credit union, trust, deposit business or a cryptocurrency exchange. It is an institutional retailer of bitcoins engaged strictly in peer-to-peer transactions with its members.
1.4. Satoshi Counter does not hold the funds of its members and is not protected by the CDIC.
1.5. By registering as Satoshi Counter members, or using the Satoshi Counter site and/or Satoshi Counter services, you acknowledge and agree that:
2.1. By registering as a Satoshi Counter member, you agree that you shall comply with the Satoshi Counter Member Guidelines and Satoshi Counter Transaction Rules. If you do not respect the Satoshi Counter Member Guidelines or Transaction Rules, your membership with Satoshi Counter will be terminated.
2.2. The Satoshi Counter Member Guidelines are:
2.3 The Satoshi Counter Transaction Rules are:
3.2. This agreement becomes effective the day Satoshi Counter accepts your registration as member, or the day you use the Satoshi Counter website and/or Satoshi Counter services.
3.3. This agreement will be in effect for as long as you are a registered member, expect for Article X, which shall survive the termination of this agreement.
3.4. Satoshi Counter retains the right to terminate your registration, the Satoshi Counter services, or the Satoshi Counter site, at any time and without cause or prior notice to you.
4.1. Satoshi Counter retains the right to change or amend this Agreement at any time. You can check what terms and conditions are in effect by reading the Agreement on the website.
5.1. You agree that you will not share your password and other account information, and that you will undertake all efforts to keep your password secure.
5.2. For all online purchases, you agree to always receive bitcoins at the Bitcoin address associated to your account. You can only change this Bitcoin address in-person or after receiving an SMS verification code.
5.3. If you lose the phone associated to the phone number associated to your Satoshi Counter account, you must immediately report the lost or stolen phone to Satoshi Counter. If you believe the phone was stolen, you must file a police report.
5.4. In the event that someone gains access to your account, they will only be able to purchase bitcoins on your behalf. They will not be able to purchase bitcoins for themselves using your account without access to your phone.
5.5. If Satoshi Counter believes that your account has been compromised, we reserve the right to:
7.1.In consideration of the availability, and your use of, the Satoshi Counter site and services, you agree to comply with all applicable laws and this Agreement when using the Satoshi Counter site and services. You also agree that neither you, nor any person influenced by you, or any person acting under your direction, will:
8.1 You will be liable for any damage resulting from the following:
9.1 Satoshi Counter can disable your account, and take all further action against you it deems appropriate if, in the opinion of Satoshi Counter:
10.1 By using Satoshi Counter services you acknowledge and agree that Satoshi Counter bares no responsibility or liability to you for the underlying value of any virtual currency such as Bitcoin, or for any governmental or regulatory intervention in to the operation of the Satoshi Counter site or service. Satoshi Counter specifically disclaims liability for any losses, foreseen or unforeseen, that you may suffer as a result of use of the Satoshi Counter site or service. You agree that the use of the Satoshi Counter site and service is at your sole risk, and that the Satoshi Counter site and service is provided on an “as is” and “as available” basis.
10.2 Satoshi Counter makes no representation or warranty that the Satoshi Counter site or services will meet your needs, or that your access to the Satoshi Counter site or services will be uninterrupted, timely, secure, or error-free..
10.3 Satoshi Counter specifically disclaims any liability to any users in jurisdictions in which the use of services such as that offered by Satoshi Counter is illegal. Satoshi Counter is not liable for any consequences resulting from the use of the Satoshi Counter site or services by users in jurisdictions where such use is illegal.