Blockchain And Cryptocurrency Provider

Terms Of Use

Terms

Please read these Terms carefully before using Boinnex Services (“Services”).  Your access to and use of the Services is conditioned on your acceptance of and compliance with these Terms.  These Terms apply to all customers and others who access and use the Services. By accessing the website at http://boinnex.com, you are agreeing to be bound by these terms of use, all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, you are prohibited from using or accessing this site or Boinnex Services. 

The materials contained in this website are protected by applicable copyright and trademark law.

 

Disclaimer

 

Website

The materials on Boinnex Limited’s website are provided on an ‘as is’ basis. Boinnex Limited makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights.

Further, Boinnex Limited does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site.

 

Kiosk

For use of one of our cryptocurrency ATMs please read the following carefully.

Never use a cryptocurrency address that does not belong to you to buy cryptocurrency. Always use your own wallet address and never share your private key. 

It is the customer’s responsibility to ensure the correct wallet address has been used, failure to do so is wholly to the loss of the customer and we cannot be held responsible for any loss to the customer resulting from this, or any loss to any third party as a consequence of the inaccuracy. 

The value of cryptocurrency is determined by the market forces of supply and demand. Cryptocurrency investment is speculative and risky and subject to volatile swings in price. Do not invest more than you can afford to lose.

By using our Kiosks you agree to be legally bound by these terms, which shall take effect immediately on your first use of our Kiosk.

 

Boinnex SMS and Phone Communications

A customer account is tied to a personal mobile phone number and identification document. You can only access Boinnex services using the phone number that was provided when the account was first registered.

By using our services you understand and agree that Boinnex may send you SMS text messages utilizing an automatic SMS system

By submitting your phone number in a Boinnex web form, you consent to receive one or more automated texts to the phone number from which you entered in the form. We may also contact you via telephone to confirm account details.

When using the boinnex terminals you must opt-in to receive automated SMSs. These automated text messages are used to send a one-time password (OTP) to authenticate and can also to optionally used to send transaction receipts.

 

 

General Use

Boinnex Services allows customers to convert Euro cash notes to Cryptocurrency. Boinnex will take a certain percentage of each transaction as compensation for performing these services and we will also charge a small fixed fee to cover the mining cost of the transaction.  The rate at which Boinnex sells your selected cryptocurrency will be provided to you on the Boinnex Kiosk screen.

Buying Bitcoin ( BTC ).  To buy bitcoin the customer will scan their desired wallet address in the form of a QR code at the Boinnex Kiosk (“Kiosk”). You will then insert the desired amount of Euro into the ATM.  The appropriate amount of bitcoin, minus any fees that were laid out in advance, will be sent to the wallet address supplied.

Delay in the Bitcoin Network.  Confirmations on the Bitcoin Network can take time and depending on congestion in some rare instances could take hours, if not more.  By using these Services, you understand that it could take time for the transaction to be completed due to these delays in the Network. You also understand that these delays are caused by the Bitcoin Network itself and are outside the control of Boinnex.

Transactions Limits. Boinnex imposes certain transaction limits and thresholds in order to comply with the local regulations and laws of the jurisdiction in which we operate. For more information on the transaction, limits see our AML Page.

Registration and verification of Identity for regulatory purposes. Depending on the amount you want to buy when you purchase cryptocurrency at any of our locations, you may be required to submit personal information such as a mobile phone number and/or a scan of a valid form of identification. See the section below regarding Identity Verification.

Exchange rate. When you make a purchase, we will convert your money into cryptocurrency at the rate displayed and agreed to by you and then we deposit this to the wallet address provided.  We use the most current rates available on Kraken exchange to determine how much cryptocurrency you will receive at the time of your transaction and this is updated in real-time.

No Refunds. It is not Boinnex policy to provide refunds for cryptocurrency purchased using our services. You hereby understand and agree that when you purchase any cryptocurrency or other digital currency, the transaction is final and non-refundable.

 

Identity Verification

Boinnex. ie, (“Boinnex” or the “Company”) Anti-Money Laundering (“AML”) Policy and Identity Verification Policy (collectively the “AML Policy”) is designed to articulate Boinnex commitment to detecting, preventing and reporting attempts to use its cryptocurrency kiosk to illegally launder money, to finance illegal activities such as terrorism and drug trafficking, or to commit fraud. It is Boinnex’s policy to comply with applicable laws and regulations regarding AML and identity verification within our country of operation, and to detect and prevent the use of its service for money laundering or to facilitate criminal or terrorist activities. While Boinnex is committed to protecting its users’ privacy, it will not allow people to use its services to launder money, commit fraud or other financial crimes, finance terrorist activities, or facilitate other illegal conduct. Visit our AML page for more details.

Boinnex currently accepts Driver’s License and Passports as valid forms of Identity Documents.

 

Risks associated with cryptocurrency

Cryptocurrency can be volatile. The risks of trading or holding cryptocurrency can be substantial. You should carefully consider whether trading or holding cryptocurrency is the right financial decision for you. Never invest more than you can afford to lose.

 

Prohibited Use

In connection with your use of these Services, you agree and represent that you will not engage in any illegal use.  Boinnex reserves the right at all times to monitor, review, retain and/or disclose any information as necessary to satisfy any applicable law, regulation, sanctions programs, legal process, or government request. This retained information will be kept safely and securely and will only be used in accordance with GDPR and other consumer data protection regulations. All users may NEVER conduct transactions on behalf of any third party.

 

Eligibility

  1. To be eligible to use the Boinnex Services, you must be at least 18 years old. 
  2. You have not been previously blocked or suspended from using our Services. 
  3. You represent that you are using the Services on your own behalf and are not using or affiliated with a competitor for financial advantage. 
  4. You represent and warrant that you are using the Services for yourself and not for or on the behalf of a third party. 
  5. Limitations

In no event shall Boinnex Limited or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials or Services provided by Boinnex, even if Boinnex Limited or a Boinnex Limited authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you.

 

Accuracy of materials

The materials appearing on Boinnex Limited’s website could include technical, typographical, or photographic errors. Boinnex Limited does not warrant that any of the materials on its website are accurate, complete or current. Boinnex Limited may make changes to the materials contained on its website at any time without notice. However Boinnex Limited does not make any commitment to update the materials.

 

Links

Boinnex Limited has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked sites or domains. The inclusion of any link does not imply endorsement by Boinnex Limited of the site. Use of any such linked website is at the user’s own risk.

 

Modifications

Boinnex Limited may revise these terms of service at any time without notice. By using Boinnex Services you are agreeing to be bound by the then-current version of these terms of service.

Governing Law

These terms and conditions are governed by and construed in accordance with the laws of Ireland and you irrevocably submit to the exclusive jurisdiction of the courts in that location.

 

We make no warranties about the price or availability of any digital cryptocurrency.

Questions about the Terms of Service should be sent to us at info@boinnex.com

 

21 April 2021

Questions about these Terms of Use should be sent to us at info@boinnex.com