By opening an Account, you expressly represent and warrant: That you have accepted these Terms; and That you are at least 18 years of age and have the full capacity to accept these Terms and enter into a transaction involving Bitcoins, XRP, Ethereum, Litecoin and BitcoinCash.
Unless otherwise specified, all Materials on this Site are the property of Wealthpiggy and are protected by copyright, trademark and other applicable laws. You may view, print and/or download a copy of the Materials from this Site on any single computer solely for your personal, informational and/or non-commercial use, provided you comply with all copyright and other proprietary notices.
The trademarks, service marks and logos of Wealthpiggy and others used in this Site ("Trademarks") are the property of Wealthpiggy and their respective owners. The software, text, images, graphics, data, prices, trades, charts, graphs, video and audio used on this Site belong to Wealthpiggy. The Trademarks and Material should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected or distributed in any form or by any means, whether manual or automated. The use of any such Materials on any other Site or networked computer environment for any other purpose is strictly prohibited; any such unauthorised use may violate copyright, trademark and other applicable laws and could result in criminal or civil penalties.
This Site is for your personal and non-commercial use only. We are vigilant in maintaining the security of our Site and the Service. By registering with us, you agree to provide Wealthpiggy with current, accurate and complete information about yourself, as prompted by the registration process, and to keep such information updated. You further agree that you will not use any Account other than your own or access the Account of any other Member at any time or assist others in obtaining unauthorised access.
The creation or use of Accounts without obtaining prior express permission from Wealthpiggy will result in the immediate suspension of all said Accounts, as well as all pending purchase/sale offers. Any attempt to do so or to assist others (Members or otherwise), or the distribution of instructions, software or tools for that purpose, will result in the Accounts of such Members being terminated. Termination is not the exclusive remedy for such a violation, and Wealthpiggy may elect to take further action against you.
You are also responsible for maintaining the confidentiality of your Account information, including your password, safeguarding your own Cryptocurrencies, and all activity including Transactions that are posted to your Account. Any actions on the Site, transactions, orders and operations initiated from your Account or using your password (1) will be considered to have been made by you, and (2) is irrevocable once validated using your password or made through your Account. If there is suspicious activity related to your Account, we may, but are not obligated to, request additional information from you, including authenticating documents, and to freeze any transactions pending our review. You are obligated to comply with these security requests or accept termination of your Account. You are required to notify Wealthpiggy immediately of any unauthorised use of your Account or password, or any other breach of security, by email to email@example.com. Any Member who violates these rules may be terminated, and thereafter held liable for losses incurred by Wealthpiggy or any user of the Site.
Wealthpiggy similarly reserves the right to freeze Ripple accounts in accordance with the new policy announced by Ripple Labs, which took effect on 25 September 2016. Please see the explanation provided by Ripple Labs below:
The freeze protocol extension gives gateways the ability to 1) globally freeze all their issued funds or 2) freeze funds issued to a specific user. Frozen funds may only be sent back to the issuing gateway. The global freeze feature allows a gateway to freeze all balances it issues. The gateway may still issue payments. Accounts holding frozen balances may return the funds to the gateway. This feature is useful for migrating users from one account to another and to safeguard users in the event that the gateway account is compromised. The individual freeze is primarily intended for compliance with regulatory requirements, which may vary from one jurisdiction to another. It also allows gateways to freeze individual accounts issuances in order to investigate suspicious activity. These features allow gateways to better operate in compliance with laws and regulations.
Lastly, you agree that you will not use the Service to perform criminal activity of any sort, including but not limited to, money laundering, illegal gambling operations, terrorist financing, malicious hacking or any criminal or illegal activity.
The minimum allowable trade is WPC 10.
You may terminate this agreement with Wealthpiggy, and close your Account at any time, following settlement of any pending transactions.
We expressly reserve the right to cancel and/or terminate Accounts that have not been verified by the Client despite efforts made in good faith by Wealthpiggy to contact you to obtain such verification (“Unverified Accounts”). All Unverified Accounts which have been inactive for a period of 6 months or more are further subject to transfer to a third-party escrow (the "Unverified Escrow”), and will no longer be maintained or under the legal responsibility of Wealthpiggy. The administrator/trustee of the Unverified Escrow shall make any and all additional reasonable efforts required by law to determine and contact each Unverified Account owner and, after suitable effort and time has been expended, we may be required to convert the residual Cryptocurrencies into fiat and send it to a national authority responsible for the safekeeping of such funds.
The suspension or escrow of an Account shall not affect the payment of commissions due for past Transactions. Upon termination, Members shall send details of a valid bank account to allow for the transfer of any currencies credited to their account. This bank account must be held by the Member. Bitcoins may be transferred to a valid bank account only after conversion into a fiat currency. Wealthpiggy shall transfer the currencies as soon as possible following the Member's request and within the time frames specified by Wealthpiggy.
Wealthpiggy will send you the credit balance of your Account; however, in certain circumstances a number of intermediaries may be involved in an international payment and these or the beneficiary bank may deduct charges. We will make all reasonable efforts to ensure that such charges are disclosed to you prior to sending your payment; however, where they cannot be avoided, you acknowledge that these charges cannot always be calculated in advance, and that you agree to be responsible for such charges.
Upon Account closure, any amount less than WPC 10 in value will not be returned.
Wealthpiggy reserves the right to not convert Cryptocurrencies into fiat and to return them to a Wallet that belongs to the Customer.
Bitcoins. The Peer-to-Peer internet currency further described at http://bitcoin.org.
XRP. The Peer-to-Peer internet currency further described at https://ripple.com.
Ethereum. The Peer-to-Peer internet currency further described at https://www.ethereum.org.
Litecoin. The Peer-to-Peer internet currency further described at https://litecoin.org.
BitcoinCash. The Peer-to-Peer internet currency further described at https://www.BitcoinCash.org.
Buyer(s). Member(s) that are submitting an offer to buy Bitcoins, XRP, Ethereum, Litecoin, BitcoinCash through the Service.
Commission. Refers to the fee which is payable to Wealthpiggy on each Transaction, such as a Purchase Transaction.
Member(s). Refers to Buyers and Sellers as well as any holder of an Account.
Personal Data. Information that identifies an individual, such as name, address, e-mail address, trading information, and banking details. “Personal Data” does not include anonymised and/or aggregated data that does not identify a specific user.
Price. The "price per coin" for which Members are willing to purchase or sell Bitcoins, XRP, Ethereum; Litecoin, BitcoinCash, using the Service in a Bitcoin Purchase Transaction. The Price may be expressed in any of the currencies deposited by Members in their Account and supported by the Service. See our Site for a full list of currencies.
Seller(s). Member(s) that submit an offer to sell Bitcoins, XRP, Ethereum, Litecoin, BitcoinCash through the Service.
Service(s). The technological platform, functional rules and market managed by Wealthpiggy Ltd. to permit Sellers and Buyers to purchase and sell Bitcoins.
Transaction. Includes the following:
The agreement between the Buyer and the Seller to exchange Cryptocurrencies through the Service for currencies at a commonly agreed rate ("Purchase Transaction"); The conversion of currencies into Cryptocurrencies deposited by Members on their Account ("Conversion Transaction"); The transfer of Cryptocurrencies among Members ("Transfer Transaction"); The transfer of currencies among Members ("Currency Transfer Transaction"); and; The purchase of ancillary products ("Purchase Transactions").
Wealthpiggy may not offer all these transaction types at this time or in all locations.
Transaction Price. The total price paid by the Buyer for each Transaction performed through the Service.