Acceptance of the Terms of use - bitrueque.com
By using the bittrueque.com website ("Site"), by registering for an Account at https://bitrueque.com ("Account") or by using any other bittrueque.com Service, you ("you, your or your same") you agree to accept and abide by the terms and conditions. Terms of Use set forth below ("Terms of Use"). You should read all of the Terms of Use carefully before using this Site or any of the Bitrueque.com Services.
As used in these Terms of Use, "bittrueque.com".
References to bittrueque.com are also references to its owners, directors, investors, employees.
bittrueque.com. Depending on the context, "bitrueque.com" may also refer to the services, products, website, content or other materials (collectively "bitrueque.com Services").
bittrueque.com allows buyers ("Buyers") and sellers ("Sellers") to use its Service capabilities to buy and sell Cryptocurrencies.
Trade secured cryptocurrencies at bitrueque.com with fiat money via bank transfer.
The Buyer enters in the purchase form of the platform the amount of cryptocurrencies that he wishes to acquire, his public wallet address to receive the cryptocurrencies, the platform will automatically show the required amount in US Dollars.
Then, the member will go to the next page with the bank details of bitrueque.com, to which they must make a bank transfer in immediate credit mode using their personal account, with a time limit of 20 minutes to upload the payment receipt file and mark paid, if you are unable to complete the payment within this time, the window closes and you will have to repeat the steps mentioned above.
In the event that the funds are not immediately credited to the bank account of bitrueque.com, the order will become pending, as soon as the funds arrive, you will be notified by email or SMS and you must place the order again at the current price of the cryptocurrency and the funds will be sent to the data provided by the client, no refunds are made for any reason, due to the high volatility of cryptocurrencies.
Once the payment process is complete, and after the money has arrived at the bittrueque.com bank account, the user will receive a cryptocurrency transfer in their wallet.
bittrueque.com is not responsible if the destination address indicated by the Member in the purchase form is incorrect or if the Member cannot manage the private key that authorizes to operate with the cryptocurrencies acquired.
Purchases are made by bank transfer. The Buyer must send the payment receipt to bitrueque.com. The conversion price will be set at the time of the opening order and does not change during the 20-minute payment window, in case of sending after the closing, reopen another order with the same amount and upload the payment receipt shortly You will receive your cryptocurrencies in the wallet you provided us.
Bank transfers must match the registered Member and the data previously provided. Otherwise, additional information may be required, including the return of the payment, the costs incurred by the customer plus a fifteen dollar ($55) penalty, and the return of the funds to the originating account.
Secured exchanges for fiat money via bank transfer
The Seller enters in the sales form the desired amount of cryptocurrency to sell and the platform automatically displays the amount of US dollars to be received or the client can enter in the form the desired amount of US dollars to be received, then the platform will display automatically the required amount amount of cryptocurrencies. All cryptocurrency transfers from the member to the bittrueque.com platform can be verified on the blockchair.com search engine. If the cryptocurrencies take more than 30 minutes to arrive, the order will be rejected and you will have to issue the same order again to receive your expected US dollars, no refunds are made for any reason, due to the high volatility of cryptocurrencies, once arrival of the cryptocurrencies before 30 min the order will go to pending status, bitrueque.com has a period of 24 to 48 hours business days to send the corresponding bank transfer of the client, bitrueque.com ensures that your money arrives safely through a insured exchange, bittrueque.com is not responsible for delays, blockages, delays due to traditional banking, if at any time something happens with a fund sent by us, do not hesitate to contact our technical support center where you can They will put in order to solve any mishap happened.
The Seller will receive payment by bank transfer in US dollars, under the terms specified below. The seller must provide the details of his bank account in which he wishes to receive fiat money in US dollars and verify the validation before giving the order to send US dollars to his bank account.
It is your responsibility to follow the rules and regulations applicable in your country of residence and/or the country from which you access this Site and Services. Provided you accept and comply with these Terms of Use, bittrueque.com grants you a personal, non-exclusive, non-transferable, non-sublicensable, limited right to enter and use the Site and the Service.
IF YOU DO NOT AGREE TO THE WRITTEN TERMS AND CONDITIONS OF USE IN THIS AGREEMENT, DO NOT ACCESS THIS SITE AND DO NOT USE THIS SERVICE.
By registering an account, you expressly represent and warrant:
That you have accepted these Terms of Use, that you are at least 18 years of age and have the full capacity to accept these Terms of Use and to make a transaction involving cryptocurrencies.
RISKS
Trading in goods and products, real or virtual, as well as virtual currencies involves significant risk. Prices may fluctuate on any given day. Such price fluctuations may increase or decrease the value of your assets at any given time. Any currency, virtual or not, can be subject to large changes in value and can even become worthless. There is an inherent risk that losses will occur as a result of buying, selling or trading anything in a market.
Cryptocurrency trading also has special risks that are not generally shared with official currencies, goods, or commodities in a market. Unlike most currencies backed by governments, other legal entities, or commodities like gold or silver, cryptocurrencies are a unique type of "fiat" currency, backed by technology and trust. There is no central bank that can issue more currency or take corrective action to protect the value of cryptocurrencies in a crisis.
Instead, cryptocurrencies are a still autonomous and largely unregulated global system of foreign exchange companies and individuals. Merchants rely on a digital, decentralized, partially anonymous system that relies on peer-to-peer networks and cryptography to maintain its integrity.
Cryptocurrency trading is often susceptible to irrational, rational bubbles or loss of confidence, which could collapse demand relative to supply. For example, trust could collapse in cryptocurrencies due to unexpected changes imposed by software developers or others, a government crackdown, the creation of superior competitive alternative currencies, or a deflationary or inflationary spiral. Trust could also collapse due to technical issues: if the anonymity of the system is compromised, if money is lost or stolen, or if hackers or governments are able to prevent transactions from settling.
There may be additional risks that we have not anticipated or identified in our Terms of Use. You should carefully assess whether your financial situation and risk tolerance are adequate to buy, sell or trade Bitcoins.
We use our banking providers to receive customer funds and make payments. Our banking providers DO NOT transfer, exchange or provide any services related to cryptocurrencies.
LIMITED RIGHT OF USE
Unless otherwise specified, all Materials on this site are the property of bittrueque.com and are protected by copyright, trademark and other applicable laws. You may view, print or download one copy of the Materials from this Site on any computer for your personal, informational or non-commercial use, provided that you comply with all copyright and other proprietary notices.
The trademarks, service marks and logos of bitrueque.com and others used on this Site ("Trademarks") are the property of the company and their respective owners. The software, text, images, graphics, data, prices, operations, charts, graphics, video and audio used on this site belong to bittrueque.com. The Trademarks and Materials may not be copied, reproduced, modified, published, uploaded, posted, transmitted, scraped, compiled, or distributed in any form or by any means, manual or automated. The use of such Materials on any other Site or networked computer environment for any other purpose is strictly prohibited; Any such unauthorized use may violate copyright, trademark, and other applicable laws, and could result in criminal or civil penalties.
Maintenance of your account
This site is for your personal, non-commercial use only. We are vigilant in maintaining the security of our Site and Service. By registering with us, you agree to provide bittrueque.com with current, accurate and complete information about yourself, as prompted by the registration process, and to keep such information up to date. You further agree that you will not use any Account other than your own, or access any other Member's Account at any time, or assist others in gaining unauthorized access.
The creation or use of Accounts without obtaining the prior express permission of bitrueque.com will result in the immediate suspension of said Accounts, as well as all pending purchase / sale orders. Any attempt to do so or to assist others (Members or otherwise), or the distribution of instructions, software or tools for that purpose, will result in the termination of such Members' Accounts. Termination is not the exclusive remedy for such violation, and bittrueque.com may choose to take further action against you.
You are also responsible for maintaining the confidentiality of your Account information, including your password, and for protecting your own Cryptocurrencies and all activity, including Transactions, that are posted to your Account. Any actions on the Site, transactions, orders and operations initiated from your Account or using your password are (1) deemed to be made by you, and (2) irrevocable once validated using your password or made through your Account. If there is suspicious activity related to your Account, we may, but are not required to, request additional information from you, including authentication documents, and freeze any transactions pending our review. You are required to comply with these security requests or agree to the termination of your [email protected]. The account of any member who violates these rules may be terminated and the member will be liable for any losses suffered by bitrueque.com or any user of the site.
Finally, you agree that you will not use the Service to engage in criminal activity of any kind, including but not limited to money laundering, illegal gambling operations, financing of terrorism, malicious hacking, or any criminal or illegal activity.
Commercial Client
The minimum trade allowed is $10,000 for cryptocurrency sales.
The minimum trade allowed is $50,000 for cryptocurrency purchases.
The maximum trade allowed for sales and purchases is $100,000,000.
VERIFICATION OF ACCOUNTS
The creation and use of your account are subject to verifications, as required by the legal and regulatory obligations in force at bitrueque.com. You agree to provide us with the information we request for the purposes of identity verification, compliance with know-your-customer regulations, as well as detection of money laundering, financing of terrorism, fraud or any other financial crime. The information requested may include personal data (see our Privacy Policy) By providing us with the information we request, you confirm that it is true and accurate, and you agree to inform us in case of changes related to said information. Your account will be blocked until we are satisfied with the information you have provided and determine, in our sole discretion, that it is sufficient to validate your account. In the meantime, you will not be allowed to cancel your Account or request deletion of Personal Data processed in the course of verification operations.
Termination
You may terminate this agreement with bittrueque.com and close your Account at any time, following settlement of any pending orders.
You also agree that upon notice, in its sole discretion, you may terminate your access to the Site and your Account, including, without limitation, your right to: limit, suspend, or terminate service and Member Accounts; prohibit access to the Site and its content, services and tools; delay or remove hosted content; and take technical and legal steps to keep Members off the Site if we suspect they are creating problems or potential legal liability, infringing the intellectual property rights of others, or acting inconsistently with the letter or spirit of these Terms of Use. In addition, we may, in appropriate circumstances and at our discretion, suspend or terminate Member Accounts for any reason, including without limitation.
We expressly reserve the right to cancel and/or cancel Accounts that have not been verified by the Member despite good faith efforts by bitrueque.com to contact them to obtain such verification ("Unverified Accounts").
SERVICE AVAILABILITY
All services are provided without warranty of any kind, either express or implied, and in particular without implied warranties of merchantability and fitness for a particular purpose. We do not guarantee that this site will be available 100% of the time to meet your needs. We will endeavor to provide you with the Service as soon as possible, but there is no guarantee that access will not be interrupted or that there will be no delays, failures, errors, omissions or loss of information transmitted.
We will use reasonable efforts to ensure that you can access the Site in accordance with these Terms of Use. However, we may suspend your use of the Site for maintenance and we will use reasonable efforts to notify you. You acknowledge that this may not be possible in an emergency and accept the risks associated with the fact that you may not always be able to use the Site or carry out urgent transactions with your Account.
EXTERNAL WEBSITES
bittrueque.com is not responsible for any external or third party websites that you may access through the Site. Occasionally, the bittrueque.com website may provide references or links to other websites ("External Websites"). We do not control these external websites or third party sites or any of the content contained on them. You agree that we are in no way responsible for External Websites referenced or linked from the bittrueque.com website, including, but not limited to, website content, policies, failures, promotions, products, opinions , advice, statements, prices, activities and advertisements, services or actions, and / or damages, losses, failures or problems caused by, related to or arising from those sites. You shall bear all risks associated with the use of such content.
External websites have separate and independent terms of use and related policies. We ask that you review the policies, rules, terms and regulations of each site you visit. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses, and other items of a destructive nature.
FINANCIAL ADVICE
For the avoidance of doubt, we do not provide any investment advice in connection with the Services described in these Terms of Use. We may provide information about the price, range and volatility of cryptocurrencies that are available on our platform and events that have affected the price of such cryptocurrencies, but this should not be considered or construed as investment advice. Any decision to buy or sell Bitcoins is solely your decision and we will not be liable for any loss suffered.
FINANCIAL REGULATION
The business model and the service of bitrueque.com is to facilitate the insured barter (exchange) of cryptocurrencies.
EMAIL
Unencrypted email messages sent over the Internet are not secure and bittrueque.com is not responsible for any damage caused by sending email messages in this way. We suggest sending emails in encrypted formats; you can send us emails encrypted with PGP. Instructions and keys to do so are available upon request.
If you send us unencrypted or unsecured email or other communications, we may respond using the same channels and you accept the risks associated with them.
DATA PROTECTION
Privacy is very important for us. Full details of our Privacy Policy can be found at [ Privacy Policy ]. We recommend that you read the Privacy Policy carefully, so that you know what data we collect, how we use it, and with whom we share it.
Disclosures to legal authorities and authorized financial institutions
We may share your Personal Data with law enforcement, data protection authorities, government officials and other authorities when:
Required by law, compelled by subpoena, court order, or other legal process.
We believe disclosure is necessary to prevent financial loss or harm.
Disclosure is necessary to report suspected illegal activity.
The disclosure is necessary to investigate violations of our Terms of Use or Privacy Policy.
For more information on how we process your Personal Data, please see the Privacy Policy.
JURISDICTION
The Terms of Use shall be governed by and construed in accordance with US and EU law. The parties irrevocably agree to submit to the exclusive jurisdiction of the US and EU courts.
Limitation of liability
To the extent permitted by law, bittrueque.com shall not be liable for any damages, lost profits, lost revenue, lost business, lost opportunity, lost data, indirect or consequential loss, unless the loss is suffered by negligence or intentional deception or fraud. Nothing in these Terms of Use excludes or limits the liability of either party for fraud, death or personal injury caused by its negligence, breach of the terms implied by law, or any other liability that may not be limited or excluded by law. . Although bittrueque.com strives to provide accurate and timely information on the Site, the Site may not always be entirely accurate, complete or current and may include errors. We may change or update the Site at any time without notice, and accordingly, you should verify all information with independent sources before relying on it for any decision or action. You remain fully responsible for your decisions and actions.
To the extent permitted by applicable law, you agree to indemnify bittrueque.com and its partners against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred whether arising directly or indirectly from the use of the Bitrueque.com sites. Your use of the Service or your violation of these Terms of Use.
DIVERSE
If we are unable to perform the Services described in the Terms of Use due to factors beyond our control, including, but not limited to, an act of God, change of law, or change in sanctions policy, we will not be responsible for the Services provided under this agreement during the period of time coinciding with the event.
Modification of Terms
bittrueque.com reserves the right to change, add or remove portions of these Terms of Use at any time and at its sole discretion. You will be notified in advance of any changes through your Account. Upon such notification, it is your responsibility to review the modified Terms of Use. Your continued use of the Site following the posting of a notice of changes to the Terms of Use means that you accept and agree to the changes, and that all subsequent transactions you make will be subject to the modified Terms of Use.
Definitions:
Bill. The contractual agreement in which a Bitrueque.com Member has accepted our Terms of Use and Privacy Policy, and received approval to use the Bitrueque.com Services, including the purchase and sale of Cryptocurrencies, and to perform associated Transactions.
Bitcoins The peer-to-peer Internet currency described at http://bitcoin.org.
Buyer(s). Members who submit an order to purchase Bitcoins through the Service.
Seller(s). Members who submit an order to sell Bitcoins through the Service.
Commission . Refers to the fee payable to bittrueque.com on each transaction, such as a purchase transaction or a sale transaction.
Members) . It refers to buyers and sellers, as well as any account holder.
Personal information . Information that identifies an individual, such as name, address, email address, business information and bank details. "Personal Data" does not include anonymous and/or aggregated data that does not identify a specific user.
Price. The "price per coin" that bittrueque.com offer and the member agree to buy or sell Bitcoins, using the Service in a Bitcoin purchase Transaction. The price can only be expressed in euros paid by members to the bank account of bitrueque.com.
Services). The technological platform, the functional rules and the managed market allow sellers and buyers to buy and sell Bitcoins.
Transaction. Includes the following:
⦁ Purchase transaction. The agreement between the Buyer and bittrueque.com to exchange fiat currency through the Cryptocurrency Service at a proportionate rate.
⦁ Sales transaction. The agreement between the Seller and bittrueque.com to exchange Cryptocurrencies through the Service for fiat currency at a proportionate rate.
Transaction price. The total price and additional fee paid by the Buyer or Seller for each Transaction made through the Service. The current price of the bittrueque.com service and the additional fee for each transaction reference here.
AML POLICY
This is the anti-money laundering and anti-terrorist financing policy (referred to as the AML/CTF Policy) of bitrueque.com, which operates the website https://bitrueque.com
bittrueque.com is a privately owned website, hereinafter referred to as "bittrueque.com", "We", "Our", "Company" and "Us" and includes its owners, directors, investors, employees or other parties related. The terms "User", "You" and "Your" refer to a User of the online platform https://bitrueque.com.
In order to maintain uncompromising and reputable provision of services, bittrueque.com must follow strict rules on money laundering and anti-terrorist financing, governed by local and international laws and regulations. bittrueque.com thus implements the current policy in accordance with:
DIRECTIVE (EU) 2018/843 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of May 30, 2018 amending Directive (EU) 2015/849 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing , and amend Directives 2009/138/EC and 2013/36/EU;
The US and EU Money Laundering and Terrorist Financing Act.
Any other applicable law in force in any territory that bitrueque.com may be operating.
bittrueque.com is always configured to follow the strictest rules and industry standards in any country where it may have operations with the intention of preventing any kind of illegal and criminal activities and any possible involvement of bitrueque.com in such.
The policy against money laundering and financing against terrorism, which is part of the Terms and conditions of bitrueque.com, requires mandatory compliance by the User. Users are required to read, review, understand, and then agree to the terms herein before using or taking advantage of any of the Bittrueque.com Services.
Terms not defined in this document shall have the same interpretation as in the Terms and Conditions and, in the absence thereof, for general use and understanding.
Definitions
"Applicable Laws" means the law in force at the time within the territory of any country in which bitrueque.com may be operating.
"Ultimate Beneficial Owner" means:
The natural person who owns a direct or indirect ownership of more than 25% (twenty-five percent) of the shares of a legal entity, where indirectly means that the natural person has the property of another legal entity that totally or partially owns entity subject to check.
The natural person is entitled to more than 25% (twenty-five percent) of the profits.
The natural person has the power, directly or indirectly, to appoint or elect more than half of the members of the administrative or supervisory body and is also a shareholder.
The natural person owns more than 50% of the voting rights in the legal entity;
The natural person has the right to influence the legal entity as a result of an agreement or the statutes of the entity.
"Identification Document(s)" means:
National identification cards and passports and any other identification documents issued by the government;
Documents that identify the registered address of a natural or legal person, such as, but not limited to, Bank Statement and Utility Bill; either
Any other document that may be notified by bitrueque.com from time to time.
"Politically Exposed Person" means any natural person who is themselves or is a family member or close associate of a natural person who is:
Head of State, head of government, minister and deputy minister or assistant minister;
Member of parliament or similar legislative bodies;
Member of the governing bodies of political parties;
Member of the Supreme Courts, Constitutional Courts or other high-level judicial bodies, whose decisions are not subject to further appeal, except in exceptional circumstances;
Member of the courts of accounts or of the boards of directors of the central banks;
Ambassador, charge d'affaires and high-ranking officer in the armed forces.
Member of the administrative, management or supervisory bodies of state-owned companies.
Director, deputy director or member of the board or equivalent function of an international organization.
"Sanctions lists" refer to lists of individuals, legal entities, and entire countries that are involved, or suspected of being involved, in illegal and criminal activities. Such lists are, for example, provided by OFAC, EU, UN, HMT.
"Suspicious Transactions" means the following activities, whether attempted or executed:
Terrorist Financing: Transactions that, to a person acting in good faith, appear to be funds raised for use, in whole or in part, by any terrorist or related organization, or to carry out any of the activities related to terrorism or terrorist acts.
Unusually Complex: Transactions that appear to a person acting in good faith to have been structured in an unusual or unwarranted manner.
Malafi Purpose Of: Transactions that appear to a person acting in good faith not to have been entered into for bona fide purposes or to have no sound economic basis.
Money Laundering: Transactions that, to a person acting in good faith, appear to "clean" criminal proceeds to hide their illegal origins. Such profits are generally associated with the types of organized crime that generate huge cash profits, such as drug, arms, and human trafficking, as well as fraud.
Money Laundering Reporting Officer
bittrueque.com appoints and duly authorizes the Money Laundering Reporting Officer (MLRO) to oversee the compliance of bitrueque.com systems and controls with the current AML/CTF Policy, relevant legislation, regulations, standards and industry orientation. The MLRO has a sufficient level of seniority and independence.
The Officer has the right to interact with law enforcement authorities, who are involved in the prevention of money laundering, financing of terrorism and other illegal activities.
user verification
The industry standard for combating money laundering, terrorist financing, and any other financial criminal activity is customer due diligence (CDD). bittrueque.com implements CDD in the form of requiring any natural person, who wishes to carry out transactions with fiduciary money on the bittrueque.com platform, and any company / organization that verifies, respectively, their identity and the identity of the final beneficial owners of your company.
Following established Know-Your-Customer (KYC) rules, regulations, and procedures, we request user-supplied information and identification documentation. For the purpose of verifying the identity of any User, bittrueque.com may rely on appropriate and licensed third party service providers to authenticate Identification Documents and other incidental details provided by the User.
Each client, who has passed the verification procedure, can carry out transactions with fiat money on the bittrueque.com platform only under the premise that he uses bank cards and accounts of bank or electronic money services in his own name.
Identification of natural persons
Each natural person wishing to transact with fiduciary money on the bittrueque.com platform is required to identify themselves by providing:
Full name.
Date of Birth.
Phone number.
Residence address.
Government-issued identification document, such as an international ID card and passport, bearing a photograph, date of birth, and personal identification number issued by your government.
Proof of residence of the resident, such as a utility bill or bank statement that is not more than 3 months old.
A recent photograph of themselves with their photo ID and their application.
For natural persons with nationality or residence in a high-risk third country or, if considered appropriate, bittrueque.com could also:
Require information about the source of funds and the source of wealth of the User;
Request information about the reasons for the planned or carried out transactions;
Carry out enhanced monitoring of the business relationship by increasing the number and timing of controls applied, and by selecting patterns of transactions that need further examination.
Identification of legal entities and final beneficial owners
General Identity Information
Each legal entity must pass a verification process before starting to use the services of bittrueque.com, regardless of whether it will transact with fiduciary money or not. Must provide:
Name
Registered number in any national registry
Legal form according to the law of the place of registration
Corporate headquarters address and management address
Certificate of incorporation
Articles / Memorandum of Incorporation
Bank statement not older than 3 months indicating the address of the company.
Additional Verification Measures
With respect to business account holders, we also apply the following enhanced customer due diligence measures:
Obtain additional information about the User, the beneficial owner(s) and any other person who may have access to the corporate account at bitrueque.com, such as data on Politically Exposed Persons.
Obtain additional information about the intended nature of the business relationship;
Obtain information about the source of funds and the source of wealth of the client and the beneficial owner(s).
Obtain information about the reasons for the planned or carried out transactions;
Obtain senior management approval to establish or continue the business relationship.
Carry out enhanced monitoring of the business relationship by increasing the number and timing of controls applied, and selecting patterns of transactions that need further examination.
People with access to the corporate account at bitrueque.com
bittrueque.com also requires a letter signed by the board of directors, CEO, managing director or owner of significant control stating who has authority to trade on behalf of the company, including:
The full name of each merchant.
Role in the company.
Email.
Physical address.
Nationality.
Any personal account of bittrueque.com that they may have.
A scanned copy of your government-issued ID card or passport.
Ultimate Beneficial Owners
Although at bitrueque.com we are against general rejections, it is of the utmost importance to find out who exercises the final effective control over the legal entity with which we are related. As a result, we require user-provided information on all Beneficial owners about their:
Full name.
Nationality (s) maintained (s).
Identification document with photo.
Proof of address.
Taking the risk-based approach, we are especially vigilant and therefore may employ additional measures, such as the use of third-party detection providers in the event of:
Organizational structure with multiple levels of ownership;
Organizational structure in various jurisdictions; Y
Lack of supporting documentation to prove ownership.
In the event that the legal entity is owned by another, bittrueque.com also requires:
Name;
Registered number in any national registry;
Legal form according to the law of the place of registration
Corporate headquarters address and management address;
The required details of UBOs as stated above, in relation to corporate "representatives".
Review of sanctions lists
Bittrueque.com is prohibited from transacting with individuals, companies and countries that are on prescribed sanctions lists and therefore protects its users against the United Nations, the European Union, the UK Treasury and the Control Office. of Foreign Assets of the United States (OFAC) and other sanctions lists.
Examination of politically exposed persons
To identify politically exposed persons among its Users, bittrueque.com not only relies on statements provided by the user, but also screens all individual account holders, all UBOs of corporate account holders, as well as any person who has access to a corporate account against several national users. and international PEP lists.
Restrictions and denial of service
Based on the information provided, bittrueque.com reserves the right to determine, in its sole discretion, the appropriate level of verification for any user, as well as the right to demote or ban users without notice. If bittrueque.com discovers that any User information, obtained in accordance with the described procedure, is inadequate, insufficient or included in the Sanctions Lists, the Company may, at its discretion, reject or cancel (as the case may be) the registration of said user account or require the verification of said user identification documents again.
In the event that it is brought to the attention of bitrueque.com, that a particular user or account is held under a fictitious name, bittrueque.com has the full right and authority to cancel and close said account with immediate effect and without prior notice to the Username .
bitrueque.com also reserves the right to verify the identity of the user on an ongoing basis, especially in cases of unusual and suspicious activity or if bitrueque.com doubts the suitability or veracity of the previously obtained customer identification data. bittrueque.com has more right to request updated documents from users, even though they have already passed identity verification in the past.
bittrueque.com may also implement policies that restrict verification levels by nationality, country of residence, or any other factor. This may affect the user's ability to deposit/withdraw funds based on their verification level and bittrueque.com is not responsible for any losses.
bittrueque.com reserves the right to cancel the User Account, restrict and/or prevent access to its online platform, or inform the competent authorities of the activities of any User if there is suspicion of illegal activity.
Once the identity of the User has been verified, bittrueque.com can withdraw from possible legal responsibility in a situation where its Services are used to carry out illegal activities.
Sensitive Personal Information
Sensitive personal information is collected, shared and stored securely in accordance with the Bittrueque.com Privacy Policy.
Monitoring, analysis and reporting of user activity.
In addition to verifying user identity, bittrueque.com also reserves the right to monitor and analyze user activity as part of the AML/CTF suite of tools. bittrueque.com performs a variety of compliance-related tasks, including data capture, filtering, record keeping, investigation management, and reporting. System functionalities include, but are not limited to:
Transaction monitoring both by artificial intelligence (using predictive algorithms, statistical analysis, classification and scoring, etc.) and by human intervention, which appear to be:
Unusually and unnecessarily complex.
Unusually large.
Driven in an unusual pattern.
Lacking an apparent economic or legal purpose.
Daily verification of users against recognized "blacklists" (eg, OFAC), as described above.
Placing users on denial of service and watch lists.
Opening of cases for investigation where necessary.
Request additional information, when deemed appropriate.
Sending internal communications.
Complete legal reports, if applicable.
Case and document management.
bittrueque.com monitors all transactions on a daily basis and reserves the right to report any suspicious transactions to the appropriate law enforcement agencies through the MLRO, to request additional information and documentation in case of suspected illegal activities, as well as to suspend or terminate the provision of services to suspicious Users. The list is not exhaustive and bittrueque.com will take the necessary measures to avoid cases of money laundering, financing of terrorism or any other criminal activity.
Risk-based approach
bittrueque.com is dedicated to following the highest industry standards and therefore takes a risk-based approach to committing its resources in the most efficient manner; meaning that the greatest risks will receive the most attention. As a result, bittrueque.com also reserves the right to classify its Users into different risk profiles based on the following factors (including, but not limited to):
Sufficiency and adequacy of identification information.
Nature of the User's business/vocational activities.
Guidance notes distributed by various governmental and intergovernmental organizations.
Business relationships with corporate account holders, who have a complex ownership structure that prevents the identification of beneficial owners, and natural persons with nationality or residence in high-risk third countries are, for example, a priority for the compliance office of bitrueque.com.
bittrueque.com keeps the risk categorization confidential and can change the categorization of any User at any time given various factors. While Users have no right to request disclosure in any way, bittrueque.com may disclose User risk categorization data to the appropriate compliance authority if it finds that a particular User has executed or is likely to execute a Transaction. suspicious.
Modifications
This AML/CTF Policy may be reviewed and revised from time to time. The revised draft will be uploaded to https://bittrueque.com and will reflect the date the terms were modified. The User is required to periodically visit the website and review the terms and any changes thereto. The continued use by the User constitutes an agreement with any modification of the policy.
Contact
If you have any questions about these Terms of Use, your rights and obligations under these Terms of Use of the Site, our anti-money laundering, anti-terrorist financing policy, and the Service. Contact us by email: [email protected].
