Legal information



1. Information published on CryptoBank.co

The website http://CryptoBank.co/ (hereinafter - the "Website") contains information and materials of a general nature. The user has not to use the Website to search for and obtain answers to legal, business and any other issues. If you agree with the Website rules, you are acting at your own risk. If you hesitate in deciding on your action, you should contact a licensed lawyer in the appropriate jurisdiction for assistance. In no case the owners of Website and project participants are not responsible for your decisions, actions and behavior.

2. Translation

The site contains the translation of the English version into other languages. Such translation is published solely for convenience. In the event of any discrepancy between the English and translated versions, the English version shall prevail. If you notice a discrepancy in these versions, please report it to us at [email protected].

3. CryptoBank Risks

The Website is not responsible for any losses, damages and claims arising as a result of events arising out of the following five categories:

(1) User errors related to CryptoBank software and services, for example: loss of password, sending CryptoBank coins payments to the wrong address, unintentional deletion of wallets.

(2) Problems with the operation of the site or any software or service associated with CryptoBank, such as: a damaged file-wallet, incorrectly created transactions, unsecure cryptographic libraries, malicious codes that could compromise the site or any software or service associated with CryptoBank.

(3) Technical problems of the user's devices or any software or service associated with CryptoBank, for example, loss of data due to a defective or damaged storage device.

(4) the security Issues facing any user of the software or service related CryptoBank, for example, unauthorized access to the wallets or accounts that owned user.

(5) The actions or inactions of third parties and / or events affecting third parties, such as bankruptcy of service providers, information attacks or fraud by third parties.

4. Risks of investments

Investments in CryptoBank may not lead to funds losses in the short or even long term. Persons investing in CryptoBank may be sure that the Cryptobank coins price are not volatility. According to the information posted on the Website, this Website ensures that investors in CryptoBank will not lose money due to volatility.

5. Compliance with tax legislation and regulations

The users themselves determine what CryptoBank coins are subject to taxation (if any). The Website owners and the persons participating in the development of this Website are not responsible for your actions with respect to the taxation of CryptoBank coins.

6. This Site does not store, receive or send CryptoBank coins.

This Site does not store, send or receive CryptoBank coins, because CryptoBank coins exist only because of the presence of a record of ownership stored in the CryptoBank network.

7. 100% guarantee for the repayment of CryptoBank coins by cbex.co.in

The cbex.co.in acts as a guarantor supporting the crypto assets of the CryptoBank project, therefore, without any compromises, it undertakes to redeem any amount of CryptoBank coins (CBD, CBE, CBR, CBY) at a flat rate of 1 CBD = 1 USD, 1 CBE = 1 EURO, 1 CBR = 1 RUR, 1 CBY = 1 CNY on the first request of the user.

8. Limitation of Liability

Unless otherwise provided by the rules, Website owners and CryptoBank project participants be liable for losses related to cryptocurrency assets not related to CryptoBank coins (CBD, CBE, CBR, CBY), including but not limited to loss of access, loss of profits, loss of data connected in any way with the use of crypto assets not broadcast in CryptoBank's blockchain under no circumstances.

9. Arbitration

The User of the Site agrees to arbitrate any conflict related to the Site or this disclaimer, except for conflicts related to the protection of violated literary property, logo, brand, and trade patents.

10. Irrevocable transactions

The user CryptoBank agree that e-payment between two parties takes place without intermediaries and irrevocable. This system rely on an irrevocability of the confirmed transactions (including payment that was sent to incorrect or nonexistent address, or if the transaction has been signed with the private key, which has become known to others). Funds may not be blocked (arrested), including temporarily, in the absence of the privat key. At the same time, multisig technology allows you to attract a third party (arbitrator) and implement "revocable transactions". Due to special script it is possible to implement other variants of smart contracts.

11. The last modify

Information was last modified on 13 January 2018.

Government taxes and regulations

CryptoBank is not an official currency. However, most jurisdictions require you to pay income tax that may be applicable to CryptoBank. Do not forget about the responsibility and make sure that you compliance all taxes and other regulatory laws of your government and/or local authorities.