Online Purchases Terms of Service
General use
By using our Services you affirm that you are an individual, at least 18 years of age or older, have the capacity to enter into this User Agreement and agree to be legally bound by the terms and conditions of this User Agreement, the Privacy Policy and Service Terms when applicable and that any and all transactions are being received by or sent to a wallet that is under your control and not for the benefit of anyone other than yourself. In no case can the user utilize this online service to transfer cryptocurrency to any third party. Byte Federal is not responsible for any transmission to or from any party other than you the user and Byte Federal. BE ADVISED – Once a transaction is confirmed on the Blockchain (as per public blockchain explorer explorer.bytefederal.com) we can not offer you any further support. Please contact your wallet provider for further questions. Your access to one or more Services may be contingent upon creating a user account and satisfying our onboarding processes as well as our Compliance Program. "Compliance Program" means the requirements set by Byte Federal Inc. for collecting, verifying, recording and reporting information about you, upon first accessing certain Services and on an ongoing basis, whether for our business risk-management purposes or to comply with legal requirements applicable to us. The information we request may include, without limitation, personally identifiable information such as network address, name, email, address, telephone number, date of birth, taxpayer identification or social security number, official government-issued photo identification, and bank account information or other information we may reasonably deem helpful in satisfying our risk management or legal obligations. Failure to provide information or update your user account promptly may result in Services being unavailable to you.
Risks of digital assets
Please note that all transactions involving digital assets such as Bitcoin, Bitcoin Cash, Ethereum and other cryptocurrencies and experimental or innovative digital assets involve substantial risks. You should therefore carefully consider whether using our services is suitable for you in light of your financial condition. In considering whether to hold digital assets, you should be aware that the price or value of a digital asset can change rapidly, decrease, and potentially even fall to zero. Past performance is not an indicator of future performance. You acknowledge that we are not responsible for any loss of your digital asset, resulting from theft, loss, or mishandling of private keys outside our control. All sales are final. Due to the nature of bitcoin transactions we are not able to offer any returns or refunds.
Qualifications
- Have at least 3 successful ATM transactions
- Submit SSN
Limits/Fees
We currently have a daily limit of $500 and a weekly limit of $2,000. We charge a 8% fee for online transactions. You can register one card that is registered in your name. Please contact support for any questions and troubleshooting regarding your online account. FinCEN MSB BSA #31000205262819 NMLS #2327474