Terms of Service and Usage

Cryptocurrency ATMs Terms of Service
These Terms of Service (“Terms of Service” or “Terms”) are  considered an agreement between BitBeirut and its Affiliate Companies/Operators and the users (“you,” “your,” “they” “Customer”) of our cryptocurrency retail services through automated kiosks (each an “ATM” or “kiosk”) and any related cryptocurrency services we may provide (the “Services”). These Terms of Service govern your use of the Services. By visiting this website, you accept these Terms of Service. If you do not agree to these Terms of Service, please refrain from using the BitBeirut website or BitBeirut Services. Your continued use of this site means that you are accepting to abide by our Terms of Service. Our Services are also governed by our Privacy Policy which describes in detail our use of Private Information. Additionally, the operator of the ATM used will be disclosed at to you on the screen prior to conducting a transaction. 

PLEASE READ THESE TERMS OF SERVICE CAREFULLY, AS THEY CONTAIN AN ARBITRATION AGREEMENT AND OTHER IMPORTANT INFORMATION REGARDING YOUR LEGAL RIGHTS, REMEDIES, AND OBLIGATIONS. 

Disclosure of Material Risks of the Services
Cryptocurrency trading is highly volatile. Cryptocurrencies are considered high-risk and speculative, and it is important that you understand the risks before you start trading. Unexpected changes in market sentiment, legislative and regulatory changes or actions can lead to sharp and sudden moves in price which may result in significant or total loss.  Cryptocurrencies are not backed by any government or financial institution.  All Transactions in Cryptocurrency are irreversible, and, accordingly, losses due to fraudulent or accidental transactions are not recoverable. Cryptocurrencies also depend on Internet-based protocols which may lead to an increased risk of fraud or cyber-attack. As such any Customer using BitBeirut ATM services assumes all risk of loss associated with the holding of Bitcoin(s) or any other cryptocurrency and acknowledges that Bitcoin is a volatile asset class

The Company is not an investment advisor and does not provide any person advice or guidance on the suitability of holding Bitcoin or similar cryptocurrencies. The Company is not in any way responsible if the price of cryptocurrency decreases following a Customer’s purchase. The Company is not in any way responsible for the safekeeping of a Customer’s cryptocurrency following purchase (nor of a Customer’s currency if selling bitcoins).

The Company is not a provider of cryptocurrency wallets. BitBeirut provides technology support to ATM Operators. Using BitBeirut ATMs or Services requires that you use your own cryptocurrency wallet. You are not permitted to use the cryptocurrency wallet of any other person or any third party. The Company has no control of or responsibility for wallets provided by a third-party, and cannot provide support these wallets. You are wholly responsible for maintaining the security of any wallet you may use in connection with the Service. Customer acknowledges and agrees that they will only use a wallet they own to conduct transactions using the Service, and will not use the Service to send cryptocurrency to or from a third-party or third-party wallet address. Customers are fully responsible for selecting their own wallets and acknowledge that Company is not responsible for any malfunction, loss or problems related to wallets or paper wallets. 

Customer Eligibility to Use the Service
In order to use the Services you must be at least eighteen (18) years old at the time you are making purchases. Depending on transaction thresholds you will be required to provide Private Information described in detail in our Privacy Policy. You do not require an account in order to use the Services for small amounts however, in order to make cryptocurrency purchases you will be required to submit a mobile/digital wallet where we can send your bitcoin. You will be required to submit to identity verification in accordance with ‘know your client’ (KYC) requirements under the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations at specific transaction thresholds. You agree to provide true, accurate, current and complete information about yourself. Even if you have previously verified your identity with us, we may ask for additional information to allow us to verify your identity again. The Service is for personal use only. We reserve the right to reject any person as a Customer of the Service for any lawful reason.
You are not permitted to use the cryptocurrency wallet of any other person or any third party. As a Customer, you agree to use your own cryptocurrency wallet for any and all transactions.

Your Account
This is an individual account. You are responsible for all transactions and activity conducted on your account, regardless of whether you authorized it. We have no responsibility for the loss, theft, or unauthorized use of your account or any device you use to access your account or the Service. A Customer assumes ALL responsibility in the safekeeping of his or her cryptocurrency and any cryptocurrency wallet(s).

YOU MUST CONTACT US IMMEDIATELY BY EMAIL AT [email protected] IF YOU BELIEVE SOMEONE ELSE IS USING YOUR ACCOUNT OR YOUR ACCOUNT SECURITY HAS BEEN COMPROMISED.
Transactions and Limitations
You must be physically present at a BitBeirut-owned and operated ATM in order to conduct a transaction. Transactions may be made only in U.S. Dollars and the cryptocurrencies supported by the Company. Supported cryptocurrencies may change from time to time. ALL TRANSACTIONS ARE IRREVERSIBLE AND NON-REFUNDABLE. You have no right to stop payment on any transaction. The ATM may provide you with a transaction receipt. Please keep this transaction receipt for your records.
Transaction thresholds and limits are set by the Company and these limits may be changed at any time for any reason by the Company in its sole discretion, with or without notice to you. We have the absolute right to close or suspend your account at any time, and for any reason not prohibited by law. We also have the absolute right in our sole discretion to reject any transaction request for any reason.

Fees
When using BitBeirut ATMs and services , you agree that we may charge, and you will pay, a transaction fee and a flat fee (when applicable) for each transaction you make. The transaction fee is usually set by the Operator of the ATM and is calculated as a percentage of your total transaction amount. The flat fee is a fixed fee that does not depend on the size of your transaction. The transaction fee and flat fee are included in the exchange rate applicable to your transaction.  You will need to agree to the fees at the time of the transaction.  If you do not agree, you may not proceed with the transaction and must immediately discontinue your use of the ATM for that transaction.
Fees are fully disclosed to customers prior to any transaction. 

Customer Obligations
Customer is responsible to check the accuracy of information entered while using the Service, including, but not limited, to the amount of the requested transaction, the type of currency or cryptocurrency to be exchanged and transferred, and the account/cryptocurrency address to or from which the cryptocurrency will be transferred.  
Customer acknowledges that all the information related to the transaction are correct prior to authorizing completion of that  transaction through BitBeirut ATMs or Services. As such the company shall not reimburse the customer nor be liable for any loss resulting from incorrect information entered by the Customer. 
Customers agree that they will not use the Service to perform any type of illegal or illicit activity of any sort, including, but not limited to, money laundering, narcotics trafficking, human trafficking, tax evasion, or terrorism financing, or do anything to negatively affect the performance of the Service or violate these Terms of Service.
Suspicion of such activity or in violation of these Terms of Service, is cause for the Company to suspend all access of a Customer to the Service; whether this suspicion is warranted is exclusively within the absolute discretion of the Company. Customers agree to respond to all inquiries from the Company regarding the Customer’s account or transactions; failure to diligently respond to the Company’s inquiries may result in a suspension of the account and future transactions.
Accessibility and ADA Compliance
Customer service agents are available to accommodate the purchase and sale of cryptocurrency for customers who cannot transact at ATMs because of a disability.
Communications
You agree that we and our Affiliates  may communicate with you using the contact information you provided to us. This communication may include contact from companies working on our behalf to service your account. Message and data rates may apply. You may change these preferences by emailing us at [email protected].
 
Limitation of Liability
You agree that we, our service providers, agents, officers, directors, and employees (and the same of our service providers, subsidiaries and affiliates themselves) (each, and “Indemnified Party” and collectively, the “Indemnified Parties”) will not be liable for anything we do when following your instructions. In addition, the Indemnified Parties will not be liable if any such Indemnified Party does not follow your instructions if we reasonably believe that your instructions would expose us to potential loss or civil or criminal liability, or conflict with customary banking practices. The Company cannot be held liable for any malfunction, breakdown, delay or interruption to the Internet connection, or if for any reason its Service is unavailable at any time or for any period. Customers acknowledge that an account may be suspended for any reason and they may not be able to have access to the Service at any time for any reason.
Indemnification
You agree to defend, indemnify, and hold harmless BitBeirut (and each of our officers, directors, members, employees, agents and affiliates) from any claim, demand, action, damage, loss, cost, or expense, including without limitation reasonable attorneys’ fees, arising out or relating to (a) your use of, or conduct in connection with our Services; (b) your violation of these Terms of Use and Sale; or (c) your violation of any rights of any other person or entity. If you are obligated to indemnify us, we will have the right, in our sole discretion, to control any action or proceeding and determine whether we wish to settle it, and if so, on what terms.
Miscellaneous
Affiliates of the company who operate BitBeirut ATMS are registered as a money services business with the Central Bank in Lebanon, Financial Crimes Enforcement Network and may be required by law to file currency transaction reports and/or suspicious activity reports with local or international authorities regarding Customers’ activities.  Company or Affiliates are not permitted to notify Customers of the filing of such reports. Company or Affiliates may also be legally required to provide information concerning a Customer’s transactions to other countries’ regulatory authorities. Company or Affiliates shall not be liable to any Customer in any way for providing information to regulatory authorities about that Customer’s use of the Service.


Jurisdiction and Choice of Law
Your use of the Service, including the application and interpretation of these Terms of Use, are governed by the laws of Lebanon (Country). The parties hereby agree to attorn to the exclusive jurisdiction of the Courts Lebanon, in the City of Beirut.

DISCLAIMER OF WARRANTIES EXCEPT AS EXPRESSLY PROVIDED TO THE CONTRARY IN A WRITING BY US, OUR SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. WE EXPRESSLY DISCLAIM, AND YOU WAIVE, ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT AS TO OUR ATM AND SERVICES, INCLUDING THE INFORMATION, CONTENT AND MATERIALS CONTAINED THEREIN. SOME JURISDICTIONS DO NOT ALLOW THE DISCLAIMER OF IMPLIED TERMS IN CONTRACTS WITH CONSUMERS, SO SOME OR ALL OF THE DISCLAIMERS IN THIS SECTION MAY NOT APPLY TO YOU.

LIMITATION OF LIABILITY IN NO EVENT SHALL THE COMPANY, OUR DIRECTORS, MEMBERS, EMPLOYEES OR AGENTS BE LIABLE FOR ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, OR ANY OTHER DAMAGES OF ANY KIND, INCLUDING BUT NOT LIMITED TO LOSS OF USE, LOSS OF PROFITS OR LOSS OF DATA, WHETHER IN AN ACTION IN CONTRACT, TORT (INCLUDING BUT NOT LIMITED TO NEGLIGENCE) OR OTHERWISE, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OF OR INABILITY TO USE OUR ATM OR SERVICES OR ANY PURCHASE OR SALE TRANSACTION OCCURRING VIA AN ATM, INCLUDING WITHOUT LIMITATION ANY DAMAGES CAUSED BY OR RESULTING FROM RELIANCE BY ANY USER ON ANY INFORMATION OBTAINED FROM THE COMPANY, OR THAT RESULT FROM MISTAKES, OMISSIONS, INTERRUPTIONS, DELETION OF FILES OR EMAIL, ERRORS, DEFECTS, VIRUSES, DELAYS IN OPERATION OR TRANSMISSION OR ANY FAILURE OF PERFORMANCE, WHETHER OR NOT RESULTING FROM ACTS OF GOD, COMMUNICATIONS FAILURE, THEFT, DESTRUCTION OR UNAUTHORIZED ACCESS TO THE COMPANY’S RECORDS, PROGRAMS OR SERVICES. IN NO EVENT SHALL THE AGGREGATE LIABILITY OF THE COMPANY, WHETHER IN CONTRACT, WARRANTY, TORT (INCLUDING NEGLIGENCE, WHETHER ACTIVE, PASSIVE OR IMPUTED), PRODUCT LIABILITY, STRICT LIABILITY OR OTHER THEORY, ARISING OUT OF OR RELATING TO THE USE OF OR INABILITY TO USE THE SERVICES, ANY PURCHASE OR SALE TRANSACTION OCCURRING VIA THE SERVICES, OR TO THESE TERMS OF USE AND SALE, EXCEED THE FEES PAID BY YOU TO THE COMPANY (IF ANY) DURING THE 6 MONTHS IMMEDIATELY PRECEDING THE DATE OF ANY CLAIM GIVING RISE TO SUCH LIABILITY.

ELECTRONIC RECORDS DISCLOSURE AND CONSENT AGREEMENT Please read this Electronic Records Disclosure and Consent Agreement (“E-Sign Agreement”) carefully and download or print a copy for your records. By accessing the Company’s kiosks or other Company Services and scanning your wallet or completing your transaction, you consent to the electronic delivery of communications and agree to be bound by the terms of this E-Sign Agreement. Electronic Application and Related Disclosures. Laws and regulations may require us to give you certain important disclosures in writing relating to your use of the Services. Without your consent, we are not permitted to give you these disclosures electronically. These disclosures include, but are not limited to, transaction receipts, privacy notices, payment authorizations, and other disclosures regarding your legal rights and obligations relating to your use of the Service, which are required by law to be provided in writing (the “Disclosures”). Requesting Paper Copy of Disclosures. At your request, we will provide a copy of your Disclosures and agreement in paper-based media. To request a paper copy of your Disclosures, contact us at [email protected]. We will not charge you any fees for providing a paper copy. Your Consent is Required. You must consent to receiving the Disclosures electronically in order to use the Services. If you do not want to receive the Disclosures electronically, you may not use the Services.

Updating Your Information. You must keep us informed of any change in your telephone number or your mailing address. You may contact us to tell us about these changes by e-mail at [email protected].

Withdrawing Consent.
You are free to withdraw your consent to this E-Sign Agreement at any time. To do so, please submit a request to withdraw your consent by email to [email protected].

Acceptance of E-Sign Agreement and Consent to Receive Electronic Disclosures.
By accessing the Services, you confirm that:
• You agree to be bound by the terms of this E-Sign Agreement;
• You consent to receiving the Disclosures electronically to any email address or mobile telephone number you have provided or made available to us;
• The Disclosures that we provide electronically have the same meaning and effect as if provided in paper form; and
• Your electronic acceptance or signature on any agreement or document has the same effect as if you signed it in ink.