BitBacked Terms of Service

Last Updated: May 27, 2025 Your access and use of the Platform and BitBacked's products and services (the "Services") is expressly conditioned on your acceptance of and compliance with these Terms. IF YOU DO NOT AGREE WITH ANYTHING CONTAINED IN THESE TERMS, PLEASE DO NOT OPEN A BITBACKED ACCOUNT OR ACCESS OR USE THE PLATFORM. Opening Your BitBacked Account and Know-Your-Client ("KYC") Verification You may open a BitBacked account ("BitBacked Account") at https://platform.bitbacked.io/signup. As part of BitBacked's anti-money laundering and counterterrorism financing compliance program ("AML Program") and applicable laws, BitBacked may be required to obtain, verify, and record certain KYC information about you. BitBacked's AML Program is designed to prevent the use of BitBacked's Services for money laundering or terrorist financing activities. BitBacked takes all necessary steps to prohibit fraudulent transactions, report suspicious activities, and prevent money laundering and any related acts that facilitate money laundering, terrorist financing, or any other financial crimes, among others.

Account Security

You are solely responsible for maintaining adequate security and control of any and all login IDs, passwords, private keys, personal identification numbers (PINs), and any other codes or account credentials that you use to access your BitBacked Account ("Account Credentials"). You shall keep your Account Credentials confidential and not authorize any third party to access or use your BitBacked Account on your behalf, unless BitBacked provides an approved mechanism for such access or use. You shall prevent unauthorized access to or use of your BitBacked Account and promptly notify BitBacked at [email protected] of any actual or suspected unauthorized access, use, or security breach of your BitBacked Account, system, or network ("Client Security Breach") as soon as possible. Upon confirming receipt of such notice, BitBacked shall take reasonable steps to protect your BitBacked Account, including, for example, by temporarily restricting access to your BitBacked Account, suspending any pending transactions, or requiring you to change your Account Credentials. You shall promptly report any Client Security Breach to the relevant legal authorities if you are required to do so by applicable law, and provide BitBacked a copy of any report prepared by such legal authorities.

Account Suspension or Closure

You hereby acknowledge that BitBacked's decision to take such actions may be based on confidential criteria and reasons related to BitBacked's risk management, legal, regulatory, and security protocols, and BitBacked is under no obligation to disclose any of the foregoing to you. BitBacked may suspend or restrict your BitBacked Account for any period of time that is reasonably necessary to resolve any of the above-noted matters. BitBacked may close your BitBacked Account in accordance with this Section at any time without advance notice. If your BitBacked Account has any account balances associated with the Services when BitBacked closes it, BitBacked will return such account balances to you pursuant to the terms of such Services unless such transfer is prohibited under applicable law. You agree not to: (a) make any representations, warranties, or guarantees on BitBacked's behalf with respect to the Platform or Services; (b) make any false or misleading representations with respect to BitBacked, the Platform, or Services; or (c) participate or engage in any illegal, deceptive, misleading, fraudulent, unethical, or improper practices through your BitBacked Account, the Platform, or Services.

Third-Party Links

The Platform and some of BitBacked's communications to you may contain links to third-party websites. Any such links are provided only as a convenience and should be used at your own risk. BitBacked has no control over any such links and websites. The existence of any link on the Platform or BitBacked's communications does not imply any affiliation, sponsorship, endorsement, approval, investigation, representation, warranty, verification, or monitoring by BitBacked. Your use of any such third-party websites is governed by the terms of service and privacy policies of those websites. BitBacked will not be liable to you for any loss arising from or related to your access and use of any third-party website.

Required Disclosures

BitBacked may be required to provide certain legal and regulatory disclosures, agreements, terms and conditions, account statements, notices, and other communications (collectively "Documents") to you in written form.

General Provisions

By accessing or using BitBacked's website at https://bitbacked.io/ and its subdomains (collectively, the "Platform"), you confirm that you have read, understood, and accept these Terms of Service. BitBacked reserves the right to discontinue or make changes to the Services or Platform at any time. BitBacked may update these Terms from time to time for commercial, security, legal, or regulatory reasons. BitBacked may notify you of such changes via the Platform or by email, but BitBacked has no obligation to notify you of every change. You are responsible for periodically checking these Terms for updates. Updates will take effect immediately once BitBacked has posted the updated Terms on the Platform. To the maximum extent permitted by applicable law, in no event will BitBacked or any of its affiliates or service providers, and their respective officers, directors, employees, agents, representatives, and shareholders (collectively, "BitBacked Service Providers") be liable to you or any third party for any direct, indirect, punitive, exemplary, special, consequential, incidental, or similar damages arising out of or related to your use of the Platform and these Terms, including loss of revenue, profits, goodwill, opportunity, data, or information, whether based in contract, tort, negligence, or otherwise, and even if such BitBacked Service Providers have been advised or should have known of the possibility of such damages. BitBacked Service Providers do not guarantee continuous, uninterrupted, or secure access to the Platform or Services.