This is an agreement between Sendbit (“Sendbit.io”, “we”, “us”, or “our”) and you (together with sendbit.io, the “Parties” and each a “Party”). By using any sendbit.io service, whether through sendbit.io, any associated website, API, or mobile application, you agree that you have read, understood, and accept all of the terms and conditions contained herein.
1. GENERAL USE
We may change the terms of this User Agreement at any time. Any such changes shall take effect when posted on the sendbit.io site or when you use the services. If you have supplied us with an email address, we shall also attempt to notify you by email of changes to this User Agreement. If you disagree with any changes to this User Agreement, contact us.
2. ACCESSING THE SERVICES
You must keep secret all credentials associated with the services. You are solely responsible for managing and maintaining the security of any information relating to such credentials and agree that sendbit.io shall not be held responsible (and you shall not hold us responsible) for any unauthorised access to the services or any resulting harm you may suffer.
The wallet is provided to you exclusively by Sendbit. The Wallet is only capable of supporting certain virtual currencies. Under no circumstances should you attempt to store virtual currencies in your wallet that the wallet does not support.
In the event of a fork or other network disruption, sendbit.io may not be able to support activity related to your virtual currency. In the event of a fork, transactions may not be completed, completed partially, incorrectly completed, or substantially delayed. Sendbit.io is not responsible for any loss incurred by you caused in whole or in part, directly or indirectly, by a fork or other network disruption.
5. NO PASSWORD RETRIEVAL
With respect to the wallet, sendbit.io does not receive or store your wallet password, nor any keys, network addresses or transaction history. We cannot assist you with retrieval of your wallet password. You are solely responsible for remembering, safely storing and keeping secret your master key.
Sendbit.io does not charge a fee for the wallet to receive transactions, however, there is a fee of 1% on outgoing transactions. We calculate the transaction size before you send the transaction. Using this estimated information you can calculate a miner’s fee of your own choice. We are not liable for any fees you set for your transaction and please be aware that setting low fees can make your transactions stuck forever.
7. GENERAL RISK FACTORS