Terms & conditions
Effective Date: November 2024
1. Introduction and Scope
These Terms of Service ("Terms") constitute a legally binding agreement between you ("User") and Bit Ocean 247 ("Firm," "We," "Us"). By creating an account with Bit Ocean 247, you acknowledge that you have read, understood, and agreed to these Terms in their entirety, including our separate Fee Schedule and Risk Disclosure Statement.
These Terms govern your access to and use of the Bit Ocean 247 platform, including all investment tools, portfolio management features, and support services offered through our platform.
2. Account Registration and KYC/AML Compliance
To comply with applicable SEC regulations and international Anti-Money Laundering (AML) requirements, all users must provide accurate, current, and complete information during the Know Your Customer (KYC) verification process before accessing the full features of the Bit Ocean 247 platform.
Verification: Bit Ocean 247 reserves the right to restrict account access or place a hold on funds if submitted verification documents are suspected of being fraudulent, incomplete, or inconsistent. We may request additional documentation at any time to maintain compliance.
Prohibited Jurisdictions: Bit Ocean 247 does not offer services to residents of countries currently subject to OFAC sanctions or any jurisdiction where our services would be deemed unlawful under applicable local regulations.
3. Trading and Investment Risks
Volatility: Digital assets, equities, and all other financial instruments available through Bit Ocean 247 are subject to significant and sometimes extreme market volatility. Past performance is not indicative of future results. You acknowledge and accept that you may lose part or all of your principal investment.
No Fiduciary Duty: Unless explicitly stated in a signed premium managed-account agreement, the relationship between Bit Ocean 247 and the User does not constitute a fiduciary duty beyond the execution of User-directed trades and portfolio instructions.
Technical Failures: Bit Ocean 247 shall not be held liable for financial losses arising from third-party exchange outages, blockchain network forks, internet disruptions, or any other technical failures beyond our reasonable control.
4. Asset Recovery Engagement
Users seeking the recovery of lost or inaccessible digital assets through Bit Ocean 247's forensic recovery services must execute a Limited Power of Attorney (LPoA), authorising our specialist team to act on their behalf with relevant exchanges, financial institutions, and law enforcement agencies where applicable.
Evidence Submission: The User is required to provide all requested supporting documentation, including transaction hashes (TXIDs), wallet addresses, exchange records, and any other historical data necessary to facilitate the recovery process.
Third-Party Fees: Any legal fees, exchange processing fees, or un-staking fees incurred in the course of an asset recovery engagement are the sole financial responsibility of the User. Bit Ocean 247 will communicate estimated costs transparently before proceeding.
5. Intellectual Property
The Bit Ocean 247 name, brand identity, logos, proprietary trading algorithms, AI modeling systems, and platform dashboard interface are the exclusive intellectual property of the Firm. All rights are reserved.
Any unauthorised reproduction, scraping, reverse engineering, or commercial use of Bit Ocean 247's intellectual property — in whole or in part — is strictly prohibited and may result in legal action.
6. Termination of Service
Bit Ocean 247 reserves the right to suspend or permanently terminate any user account at our sole discretion, with or without prior notice, for reasons including but not limited to: suspected fraudulent activity, market manipulation, breach of these Terms, or conduct deemed harmful to the integrity of the platform or its broader user community.
Upon termination, users will be notified of the process for withdrawing any eligible remaining funds in accordance with applicable regulations and our internal compliance procedures.
7. Governing Law and Disputes
These Terms shall be governed by and construed in accordance with the laws of the United States. Any disputes arising from or relating to these Terms or your use of the Bit Ocean 247 platform shall be subject to binding arbitration in accordance with applicable arbitration rules, unless prohibited by law in your jurisdiction.
8. Amendments to These Terms
Bit Ocean 247 reserves the right to update or amend these Terms at any time. Users will be notified of material changes via email or a prominent notice on the platform. Continued use of the platform following notification of any amendment constitutes your acceptance of the revised Terms.
For questions regarding these Terms of Service, please contact our compliance team through the official Bit Ocean 247 support portal.
Bit Ocean 247 — Invest with Confidence. Operate with Integrity.