Last Updated: April 21, 2023
1. Introduction
These Terms of Use constitute an electronic agreement between you (“Client”) and2. Changes
Occasionally we may, in our discretion, make changes and improvements to these Terms of Use. By continuing to use the Service after those changes are made, you express and acknowledge your acceptance of the changes.3. Access to Neocrypto
Clients access the Service through the interface of Neocrypto at https://neocrypto.net. To access the Service, the Client must first provide us with certain personal information, including, but not limited to, telephone number, e-mail address, payment information, and successfully complete the know-your-customer (“KYC”) identification and verification process. Non-verified users can buy up to a maximum of 700 EUR per certain period of time, and are served by Effective Global Solutions UAB. The Client is prohibited to provide his access information to third parties or to other Clients. In the case of theft of the account access information or account itself by a third party, the Client bears the burden of proving he was not responsible. In submitting your personal information that may be required, you confirm that the information is accurate and authentic, and you agree to update it if any information changes by contacting us at support@neocrypto.net.By accessing the Service, you authorize Neocrypto to send, directly or through third parties, requests Neocrypto considers necessary to confirm your identity or protect you and/or Neocrypto from fraud or crimes, as well as to take measures Neocrypto will reasonably find necessary based on the results of such requests.Virtual currency purchase is a high-risk operation. Before investing into any altcoin, it is necessary to analyze all possible risks associated with the fall in its value. It is required to consider that some virtual currencies can completely devaluate and stop trading. Neocrypto is not responsible for sharp fluctuations in virtual currencies, its fall in value, impairment, delistment from the site and mobile wallets.4. Service Provided
Eligible Clients in certain jurisdictions may buy supported virtual currencies with fiat currencies through the interface of Neocrypto. The Services is subject to the conversion rate for the given transaction. That conversion rate will be displayed on the page of your order with all fees included. After submitting a request for buying virtual currency with fiat currency, you will need to complete the verification procedures that include, amongst others, verifying you credit card information and your phone number. Neocrypto reserves the right to delay the Service transaction if it perceives a risk of fraud or illegal activity. Neocrypto may require you to provide or verify additional information, or to wait some amount of time after completion of a transaction, before permitting you to use any Neocrypto Services and/or before permitting you to engage in transactions beyond certain volume limits.The amount that the Client receives may differ from originally shown due to sharp jumps in rate.Once you are enabled to purchase the virtual currency delivery will be instant and the transaction is deemed complete.The virtual currencies that Neocrypto supports may change from time to time. Under no circumstances should you attempt to use the Service in any form that is supported by Neocrypto. Neocrypto assumes no responsibility or liability in connection with any attempt to use the Neocrypto Service for virtual currencies that Neocrypto does not support.Neocrypto processes supported virtual currency according to the instructions received from its Clients. You should verify all transaction information prior to submitting instructions to Neocrypto. Neocrypto may charge network fees (miner fees) to process a virtual currency transaction on your behalf.Neocrypto will calculate the network fee in its discretion, although Neocrypto will always notify you of the network fee at or before the time you authorize the transaction.5. Restrictions and Intellectual Property Rights
License: We grant you a limited, nonexclusive, nontransferable license, subject to these Terms, to access and use the Service, and related content, materials, information (collectively, the "Content") solely for approved purposes as permitted by Neocrypto. Any other use of the Service or Content is expressly prohibited and all other right, title, and interest in the Service or Content is exclusively the property of Neocrypto and its licensors. You agree you will not copy, transmit, distribute, sell, license, reverse engineer, modify, publish, or participate in the transfer or sale of, or in any other way exploit any of the Content, in whole or in part. "Neocrypto.net", "Neocrypto", and all logos related to the Neocrypto or displayed on the Neocrypto.net are either trademarks or registered marks of Neocrypto or its licensors. You may not copy, imitate or use them without Neocrypto prior written consent.Neocrypto will not provide, exchange or in any other manner disclose your transactional data or personal information to anyone, except for the purposes and by means specified in our Privacy Policy.You are prohibited from using the Service to carry out transactions that are prohibited according to the AML/KYC Policy posted on our website https://neocrypto.net/policy/kyc-aml, as well as to carry out other actions defined by the AML/KYC Policy as prohibited.6. Warranties and Limitations of Liability
Although we intend to provide accurate and timely information on the Service, the Service may not always be entirely accurate, complete or current and may also include technical inaccuracies or typographical errors. This site and its components are offered for informational purposes only; this site shall not be responsible or liable for the accuracy, usefulness or availability of any information transmitted or made available via the site, and shall not be responsible or liable for any error or omissions in that information.Transmission of data on Neocrypto is encrypted using SSH, HTTPS, and SSL/TLS. No method of transmission, or method of electronic storage, is 100% secure. Therefore, we cannot guarantee its absolute security.By using the Service you agree that Neocrypto is not responsible, in any way, for any consequences resulting from use of information provided by the Service.We shall not bear any liability, whatsoever, for any damage or interruptions caused by any computer viruses, spyware, scareware, Trojan horses, worms or other malware that may affect your computer or other equipment, or any phishing, spoofing or other attack. We advise the regular use of a reputable and readily available virus screening and prevention software.Although Neocrypto takes all necessary and reasonable measures to keep the Service up and working, by using the Service, Clients do so at their own risk. The Service is provided without any guarantees, representations and warranties, express or implied, provided by law with respect to software or sites, including, but not limited to warranties or conditions of quality, performance, non-infringement, merchantability, and fitness for use for a particular purpose. The Service does not represent or warrant that the Service or any other related software will always be available, accessible, uninterrupted, timely, secure, accurate, complete and error-free, or will operate without packet loss.IN NO EVENT WILL THE LIABILITY OF NEOCRYPTO, ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS ARISING OUT OF SERVICES OFFERED BY OR ON BEHALF OF NEOCRYPTO AND ITS AFFILIATES, ANY PERFORMANCE OR NON-PERFORMANCE OF NEOCRYPTO SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY, EXCEED THE AMOUNT OF THE FEES PAID BY YOU TO MAINCOIN UNDER THESE TERMS IN THE TWELVE-MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY.In particular Neocrypto shall not be liable for:7. Force-Majeure
We shall not be liable for delays, failure in performance or interruption of service which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to, any delay or failure due to any act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophe or any other occurrence which is beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions.8. Suspension, Termination, and Cancellation
Neocrypto may suspend, restrict, or terminate your access to any or all of the services, and/or deactivate or cancel your access to Neocrypto if we are so required by a facially valid subpoena, court order, or binding order of a government authority; or we reasonably suspect you of using our Service in connection with a prohibited use or business; or use of your Neocrypto Account is subject to any pending litigation, investigation, or government proceeding and/or we perceive a heightened risk of legal or regulatory non-compliance associated with your activity on Neocrypto; or our service partners are unable to support your use; or you take any action that Service deems as circumventing Neocrypto's controls.Neocrypto draws your attention to the fact, that purchase of bitcoins and other altсoins in favor of or those closely related to forex brokers, CFD, binary options, gambling, darknet market, deep web, investment scams, sanctions, fraud, etc. is prohibited through Neocrypto. We analyse all crypto wallets to which the virtual currency is sent and can request additional information, block funds and report to the competent authorities in case of detecting suspicious transactions.Should your access to the Service be terminated, your personal and transactional information that meet data retention requirements will be securely stored for 5 (five) years.9. Safety of Access Information
You must maintain adequate security and control of any and all IDs, passwords, personal identification numbers (PINs) or any other codes that you use to access Neocrypto. Any loss or compromise of the foregoing information and/or your personal information is your responsibility, and it may result in unauthorized access to your Neocrypto account by third-parties and the loss or theft of funds held in your linked bank account(s) and credit card(s). You are responsible for keeping your email address and telephone number up to date with us in order to receive any notices or alerts that we may send you. We assume no responsibility for any loss that you may sustain due to compromise of account login credentials due to no fault of Neocrypto and/ or failure to follow or act on any notices or alerts that we may send to you. In the event you believe your Neocrypto access information has been compromised, contact Neocrypto Support at support@neocrypto.net immediately.10. Complaints Resolution
If you have any feedback, questions, or complaints, write us an email to support@neocrypto.net.In the event of a complaint, please set out the cause of your complaint, how you would like us to resolve the complaint and any other information you believe to be relevant. A Customer Complaints agent will consider your complaint. The agent will consider your complaint without prejudice based on the information you have provided and any information provided by Neocrypto. Your complaint will be considered within a reasonable time. An agent will offer to resolve your complaint in the way you requested; make a determination rejecting your complaint and set out the reasons for the rejection; or offer to resolve your complaint with an alternative solution.11. General Provisions
Neocrypto does not offer general or personal financial advice. Nothing in this website is intended to be or should be taken as financial, legal or taxation advice. Clients should seek their own financial, legal, tax and accounting advice as to the likely outcomes for them of trading virtual currency.Neocrypto is not your agent in the performance of these Terms. These Terms shall not be interpreted as facts or evidence of an association, join venture, partnership, or franchise between the parties.You may not assign or transfer any of your rights or obligations under these Terms without prior written consent of Neocrypto, including any right or obligation related to the enforcement of Laws or the change of control. We may assign or transfer any or all of its rights or obligations under these Terms, in whole or in part, without obtaining your consent or approval.Notwithstanding any other provision of these Terms, any translation of these Terms is provided for your convenience. The meanings of terms, conditions and representations herein are subject to definitions and interpretations in the English language. Any translation provided may not accurately represent the information in the original English, and the English version shall prevail.12. Limits
Neocrypto imposes limits on transactions and may, at any time and in its sole discretion, change applicable limits on transaction amounts as it deems necessary. Neocrypto may, for example, impose additional limits on the transaction amount permitted via the Service or impose any other conditions or restrictions for trading. Neocrypto may, in its sole discretion, change applicable limits if it believes the transactions violate applicable laws, Neocrypto’s policies, or these Terms.When the Client reaches transaction limits, the Client may decide to provide Neocrypto with some additional information in order to increase transaction limits, including answers to the questions about how the Client developed an interest in bitcoins and other altcoins, the purpose of his or her transactions, his or her trading strategy, the Client’s biography, and the source of wealth or funds operated on Neocrypto, including documentary evidence (e.g., a bank statement showing the receipt of a salary, a contract for the sale of an interest in a business, etc.).Neocrypto will give you notice of any limitation on the transaction via Service, but Neocrypto may if it is reasonable to do so, limit the transaction without prior notice to you. You acknowledge that Neocrypto’s decision to limit the transaction amounts may be based on confidential criteria that are essential to Neocrypto’s risk management and security protocols and that Neocrypto is under no obligation to disclose the details of its risk management and security procedures to you unless otherwise provided by the Privacy Policy.13. Privacy Policy
Our Privacy Policy is published on the website https://neocrypto.net/privacypolicy.html and is an essential and integral part of these Terms.Our Privacy Policy is based on 6 main principles, ensuring your personal data protection:14. Cookie Policy
When you access our website or any Neocrypto Services, we or our counterparts may place small data files called cookies on your computer or other device. Cookies were designed to help a website operator determine that a particular Client had visited the site previously and thus save and remember any preferences that may have been set.Cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms.Cookies allow us to count visits and traffic sources, so we can measure and improve the performance of our site. They help us know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous.The processing of cookies is regulated by a separate document posted on the website https://neocrypto.net. Please be guided by the provisions of the Cookies Policy when considering issues related to cookies.15. Jurisdiction
These Terms and the relationship of the parties regarding the Service will be governed by and construed in accordance with the Laws of Estonia or Lithuania depending on which company act as a counterparty to you in these Terms, the without reference to conflict of law or choice of provisions of the law, and the parties unconditionally submit to the exclusive jurisdiction of the courts of Estonia or Lithuania to resolve any dispute (including claim procedure, lawsuit) regarding these Terms.By clicking "Accept All Cookies" you agree that cookies are stored on your device to improve site navigation, analyze website usage and assist in our marketing efforts. For more detailed information about the cookies we use, see our Cookies Policy.