Please ensure that you read and understand these Terms and Conditions prior to using the Service. Your continued use of this website and any derivative activities are bound by this agreement and your relationship with Global Credits Network Global Credits Network, LLC.
These Terms and Conditions contain important information about the legal agreement between us, and provide specific details concerning additional documents that form part of our relationship with you.
If any part of this Agreement is unclear or you do not understand the impact it has on you individually or your relationship with the Company it is your responsibility to either contact us for clarification or seek legal advice from an experienced attorney. You can find details of how to contact us on the "Contact Us" section of the Global Credits Network Website.
This Agreement supersedes any prior agreements, whether oral or in writing, between you and Global Credits Network. In the event any section of this Agreement conflicts with any previous agreement or understanding between you and the company whether oral or in writing the section most favourable to the Company shall hold precedence.
This website is operated by Global Credits Network, LLC, a company registered in the British Virgin Islands. References in these terms and conditions ("Terms and Conditions") to "we", "our", "us", “GCN”, " Global Credits Network" or “Global Credits Network, LLC” will relate to the relevant operating company and, where relevant, to other companies of Global Credits Network , including its ultimate holding company and any direct and indirect subsidiaries thereof from time to time.
These Terms and Conditions govern your ("you", "your", " Customer") activity with us via this website and associated websites, applications, member portals, subscriptions, mobile apps or other methods of contact ("Global Credits Network Website"). You will not be eligible to open a membership account with us until you have affirmed that you fully understand agree to be bound by these Terms and Conditions as part of the registration process.
Neither Global Credits Network, Global Credits Network, LLC or its subsidiary companies ARE NOT SPORTS BETTING OR GAMBLING SITES. We do not offer, nor place, or execute any direct bets as a company and ARE NOT LICENSED FOR SUCH ACTIVITIES. By continued use of this and any related sites, you are acknowledging your complete and unencumbered understanding of this fact and acknowledge that you are not placing bets of any nature by using the sites and services offered by Global Credits Network and Global Credits Network, LLC and its subsequent sites and services.
By accessing any website owned or operated by Global Credits Network , including this site and any derivative sites, or by accessing or attempting to access, this URL or any related URL, whether by direct or indirect means, including such methods as HTTP, HTTPS, FTP, IRC or any other method, you are hereby expressly acknowledging that you fully and completely understand without exception, or hesitation, the terms of this agreement including any legally binding obligations you assume by using this, and/or any related websites, whether or not you are an active member of Global Credits Network and any subsidiary companies owned by Global Credits Network , LLC.
You acknowledge that you are at least 18 years of age or of such minimum age of your country to legally access this site and any corresponding activities on this or any related site, and you expressly acknowledge that accessing this site or any related site while under the age of 18 or such minimal age in your respective country is prohibited and Global Credits Network, LLC and its subsidiary companies shall not endorse your activities and you are hereby given notice to IMMEDIATELY cease any and all continued access to this and any related site, remove any created bookmarks, shortcuts or other means of access to this site, and to further discontinue without delay, any further interaction with this and any related site owned or operated by Global Credits Network , LLC.
You may not participate in our Services if your legal country of residence prohibits such activities, both expressed or in spirit, that match or can be construed as Global Credits Network or such like activities that would cause a reasonable person to interpret such activities as Global Credits Network.
As a visitor or user of the information and/or services offered by this and any related site, you are solely responsible for ensuring that you comply with any laws applicable in your country of residence. Global Credits Network, LLC and its subsidiary companies are not responsible for any action which may arise from your participating in our Services when in a country in which such services may be illegal. You must not access the Global Credits Network Website and/or open a Customer Account from a location within a jurisdiction that prohibits such activities.
We reserve the right, for whatever reason and at any time, to deny access to any site owned or operating by Global Credits Network, or to close any Customer Account or suspend access to the Global Credits Network website if you are found to be in breach of the warranties or undertakings given above. We also reserve the right to block transactions that we suspect are originated from or funneled through any non-accepted territory at our discretion. As the nature of both the Global Credits Network and cryptocurrency industries are volatile and can change rapidly, it is YOUR sole responsibility to monitor the legal and political climate in your respective country to determine your eligibility or legal access to this site. Global Credits Network, Global Credits Network, LLC, and its subsidiaries assume no responsibility to maintain a list of approved territories and assume no liability or responsibility if you access any such sites or use any such services offered by the Company from an non-approved territory.
You are obliged to keep your personal information up to date (including but not limited to your address, meaning your usual place of residence, telephone number and email address) and you consent to further identity verification checks on all changes to your personal information.
You may only use our services once we have completed all KYC requirements. If the identity details for individuals cannot be verified within a reasonable timeframe after applying to open a Customer Account and depositing funds, we reserve the right to void any transactions placed during that period and the Customer Account may be frozen. For the Customer Account to be re-activated, you will need to send us copies of any relevant identification documentation, as we may request. If, for any reason and at our sole discretion, we are unable to satisfactorily verify your identity within a reasonable time-period, we reserve the right to close your Customer Account and withhold any funds held in your Customer Account (to be held until our verification process is complete or subject to our Inactive Account Policy).
No commissions will be paid to Customers who have not satisfactorily passed the KYC verification process.
Companies or other entities registered or established will only be able to use our services once we have successfully completed all KYC requirements. We may require disclosure of additional identity details including but not limited to: Regulatory consents or licenses, director/partner identity documents, articles of association, certificate of incorporation, written consent from an officer of an entity that the entity is able to participate in the Services and any other relevant document that we may reasonably request to ensure identity and consent is achieved.
We reserve the right, at our own discretion, to conduct checks against registered details of applicants and Customers to ensure the accuracy of information provided and we shall be entitled to demand further evidence as to an applicant's age, capacity to legally contract with us, country of residence or any other information at any time in the future.
You may not avail of any Services until you have applied to join Global Credits Network by completing the online registration process on the Global Credits Network website and indicating your acceptance of the Terms and Conditions. Global Credits Network reserves the right to refuse any application without any further correspondence or reason.
To apply for a position with Global Credits Network, all applicants must first complete the online registration process set out on the Global Credits Network website. By clicking the "accept" icon on the Global Credits Network Website as part of the registration process, you indicate that you accept the Terms and Conditions and you consent to be bound by and to become a party to them and all of their contents (as each may be amended from time to time in accordance with their terms) which governs your relationship with us.
Each Customer may have only one Customer Account. We reserve the right to suspend Customer Accounts where we suspect that Customer Accounts are duplicates, fraudulent or violate the terms and conditions of creating an account.
Once registered and the appropriate payment has been made, you are entitled by Global Credits Network to participate in the Services subject always to these Terms and Conditions.
If you are eligible to join Global Credits Network (with eligibility determined in accordance with paragraph 1 above) and your application is successful, you may open a Customer Account and transact with other Customers as described in these Terms and Conditions.
As part of the application, you must choose a unique username and secure password in accordance with the policies and procedures as published on the Global Credits Network website as amended from time to time. These must be kept confidential as all transactions made or accepted using these details will be treated by Global Credits Network as valid, provided they meet the other criteria for making an offer contained in these Terms and Conditions. You understand that you are liable for all transactions made using your Customer Account and that we accept no responsibility for any misuse of your account access, including sharing your password or allowing others to access your account for any reason, by any third party. Additionally, sharing your password or allowing others to access your account shall be, at our sole discretion, cause for immediate termination of your account and forfeiture of any earned commissions.
Each Customer is responsible for regularly reviewing their Customer Account details which are contained in the Global Credits Network Website under "My Account". If you become aware of any inaccuracies in transaction or contact information you must inform Global Credits Network as soon as reasonably possible, but no more than 24 hours after such inaccuracies have been made.
You have the right to close your Customer Account at any time. To close your account, you must communicate this to us via telephone, e-mail or letter or by using our "Contact Us" section.
We reserve the right to close or suspend your Customer Account at any time and for any reason. We will give you notice before doing so, unless circumstances dictate that we legally or practically cannot do so.
That you are fully and legally entitled to enter into these Terms and Conditions; That you have full authority to execute these Terms and Conditions;
That your entering into these Terms and Conditions is not illegal in your jurisdiction of residence and you will not use any Services while resident or temporarily located in any jurisdiction that prohibits the use of such services;
That you will take full responsibility for reporting any profits and/or losses to any relevant tax or other authorities;
• That if you are a corporate entity, your participation in the Services is permitted under your articles of association;
• That you will not open another Global Credits Network Account or access any other Global Credits Network Customer Account or attempt to use any of the Services which will violate or circumvent these Terms and Conditions.
• That you are acting as a principal and not as an agent on behalf of a third party;
• That all details provided by you to Global Credits Network are accurate and that you will not take steps to conceal your true identity from Global Credits Network such as by using pseudonyms, false addresses or taking technical steps to conceal your identity or location;
YOU UNDERSTAND THAT PARTICIPATING IN THE SERVICES IS SPECULATIVE IN NATURE AND THEREFORE CONTAINS A DEGREE OF RISK. YOU ACKNOWLEDGE THAT YOU ARE FULLY PREPARED FINANCIALLY TO UNDERTAKE SUCH RISKS AND TO WITHSTAND ANY LOSSES INCURRED, AND THAT YOU ARE ABLE TO SUSTAIN THE TOTAL LOSS OF ANY STAKES COMMITTED BY YOU.
You agree to indemnify and hold the companies of the Global Credits Network, LLC and any of its subsidiaries, affiliates, officers, directors, agents and employees harmless from any liabilities, claims, losses or demands made by any third party arising out of your breach of these Terms and Conditions or out of your violation of any law or the rights of any third party.
You acknowledge Global Credits Network, LLC will hold information with respect to your identity, including, but not limited to, your name, address and payment details. You agree that we rely on this information in entering into these Terms and Conditions with you and you agree to hold us harmless against any falsehood or inaccuracy contained in the information you provide.
You agree to indemnify us for any losses, costs or expenses which may be incurred by us as a result of any errors contained in instructions submitted by you, any unauthorized or unlawful use of the Services or any payment card charge-backs which may be effected for any reason whatsoever on amounts transferred by you to your Customer Account.
If, through use of the Service, a Customer causes Global Credits Network to publish, whether on the Global Credits Network Website, via email or otherwise, potentially defamatory, illegal, obscene or offensive material, that Customer agrees that he/she shall be solely liable for the publication of such material and that you will indemnify Global Credits Network and Global Credits Network, LLC for all costs, penalties, liabilities and charges incurred by it in relation to such publication.
All amounts due under the Terms and Conditions shall be paid by you to us in full without any set-off, counterclaim, deduction or withholding (other than any deduction or withholding of tax as required by law).
You may only use the sites, services and products created, owned and/or operated by Global Credits Network, LLC in a manner consistent with these Terms and Conditions. Any use or attempt to use above mentioned sites and services, whether intentional or unintentional, shall be cause for immediate termination of your account and forfeiture of any commissions outstanding. We may also opt, at our sole discretion to use any and all means necessary to recoup any fraudulently earned commissions or damages caused by your use of the sites, products or services provided by Global Credits Network, LLC and its subsidiaries.
You many not under any circumstances attempt to, whether directly or indirectly, alter, modify, hack, reverse engineer, initiate a denial of service (DoS), cause or assist in causing any disruption to the sites or services offered by Global Credits Network, LLC and its subsidiaries. Global Credits Network, LLC shall fully deploy any and all efforts, including denying you or anyone associated with you, access to the sites and services; employ reverse hacking techniques that may or may not cause damage to your equipment; employ such techniques that leave your network or equipment exposed to attacks from third parties; collect such information that exposes your identity, including, but not limited to your ISP, your address, your IP address, your make and model of any equipment, any subsequent weaknesses or security breaches in your network or equipment, your full legal identity and place of residence; and further shall fully exercise its right to prosecute fully under the extent of the law.
You may not use the Global Credits Network Website for criminal or fraudulent activities or to, directly or indirectly, use the sites or services to attempt to make or accept offers on behalf of any third party or use the sites or services to attempt to place transactions for or on behalf of any third party. You explicitly and implicitly agree your account will be terminated in accordance with terms of this agreement, and you shall not be due any refund or commission we feel were obtained in violation of this agreement and you shall not be entitled to any further recourse.
By "complaint" we mean a unfavorable opinion you have about any aspect of our conduct in relation to your dealings with the Services and by "dispute" we mean either a complaint or a disagreement relating to the Services or the outcome of a transaction on Global Credits Network.
If you have a complaint, you should in the first instance contact the Customer support team at [email protected] where your complaint can be registered and recorded. Complaints should be made as soon as possible after circumstances arise that cause you to have a complaint.
We are committed to resolving any query or complaint about our products or services in an efficient manner and we will use all reasonable efforts to resolve a Complaint promptly. If for some reason you are not satisfied with our resolution of your complaint, you have the right to escalate the matter as set out in our Dispute Resolution Policy
We reserve the right to record all communications with you and any other person regarding complaints or disputes. If there is a dispute as to the contents of any such communication, reference will be made to such records and to our transaction database which, in the absence of any contrary evidence, shall be decisive.
You are reminded that under other provisions of these Terms and Conditions both you and we have the right to close or suspend the operation of your Customer Account and that this may happen whilst a complaint or dispute is pending.
You accept that any complaint or dispute shall remain confidential both whilst a resolution is sought and afterwards. You agree that you shall not disclose the existence, nature or any detail of any complaints or disputes to any third party other than under the Dispute Resolution Policy (which shall include the discussion of any such any complaints and disputes in any chat room or forum offered by ourselves or any third party).
You accept that any failure to comply with this confidentiality obligation is a breach of these Terms and Conditions and that we reserve the right not to continue seeking a resolution to your complaint or dispute.
For the initial phase of registering a complaint, we will investigate the matter in a manner that is fair and objective and advise you of the outcome and/or our decision as soon as we reasonably can. You may be required to provide additional information or appropriate evidence for the purposes of dealing with your complaint.
If your complaint is not resolved to your satisfaction at the initial phase you may request that the matter be escalated and reviewed again. In this secondary phase, your complaint will be referred internally to a senior manager (being one of the Senior Management of the Global Credits Network business) who will conduct an independent review and present his/her findings. We will advise you of the outcome and/or our decision as soon as reasonably possible, and we may have to ask you again for more information or appropriate evidence.
All complaints that cannot be resolved in either the initial phase or the secondary phase can be sent forward to the relevant independent body to adjudicate in the dispute.
Where a dispute is referred to a regulator this will be dealt with according to the laws and dispute resolution processes specified by such regulator and the resulting decision shall be final and binding and you therefore will not have further recourse to the courts.
We reserve the right to suspend and/or terminate a Customer's registration and Customer's Account at our absolute discretion and with no obligation to provide Customers with any reasons for so doing.
Without restricting our ability to rely on other remedies that may be available to us, we will suspend or terminate or cancel account using the Exchange or any of the Services, including voiding any open transaction(s) at our absolute discretion if:
a) we suspect that Customer are acting other than on their own behalf or otherwise in concert with others or engaging in illegal or fraudulent activity;
b) we suspect that Customers are breaching any terms of these Terms and Conditions;
c) we suspect that Customers are acting in a manner that is detrimental to the conduct of Global Credits Network's business;
d) we suspect that Customers may be having difficulties obtaining credit;
e) we suspect that it is illegal for a Customer to participate in the Services;
f) we are unable to verify registered address or contact telephone number;
g) we suspect that the Global Credits Network Website has been hacked into, altered or compromised by Customers in any way; or
h) we are required to do so by law.
In the event that a Customer's registration is terminated or suspended, we reserve the right to determine whether to declare as void all transactions made by the Customer using Global Credits Network and to cancel any and all transactions by the Customer for the Services and/or to nullify any commissions earned. We also reserve the right to withhold funds from the relevant Customer where we suspect misuse of the accounts has occurred and, further, reserve the right to donate such funds to a charity of our choice if we ultimately close the Customer Account following any internal or external investigation. If a Customer is a party to activity with a Customer whose registration is terminated or suspended that Customer consents to our right to declare void any such accounts and the associated transactions.
Except in the case of gross error on our part, we accept no responsibility and shall not be liable for any consequences that are alleged to have occurred through your use, or misuse, of any of the Services.
You are entirely responsible for the information that you provide to the Company. We will not be liable for incorrect entries made by you, including data input errors, misspellings, etc. We will not be liable to you for any loss that you may incur as a result of misuse of passwords, usernames, digital certificates or other identification means accepted by Global Credits Network from time to time and we accept no liability resulting from any unauthorized use, whether fraudulent or otherwise.
The Services are provided "as is" without any express or implied warranty of any kind including warranties of merchantability, non-infringement of intellectual property, or fitness for any particular purpose. In no event shall we be liable for any damages whatsoever including, without limitation, damages for loss of direct or indirect profits, economic loss, business interruption, loss of information) or any direct, indirect, consequential or special losses howsoever caused including but not limited to any loss of contracts, loss of goodwill and loss of reputation arising out of the use of or inability to use the Services, even if we have been advised of the possibility of such damages.
To the extent permitted by law, companies of Global Credits Network, LLC and third parties connected to them hereby expressly exclude all conditions, warranties and other terms which might otherwise be implied by statute, common law or the law of equity; and:
a) any loss incurred in transmitting information to the Global Credits Network Website;
b) any loss whatsoever arising from the use, abuse or misuse of your account;
c) any technical failures, system breakdowns, defects, delays, interruptions, manipulated or improper data transmission, loss or corruption of data;
d) communication lines failure (including any failures that affect the ability for interactive television return-path capabilities), distributed denial of service attacks, viruses or any other adverse technological consequence of your choosing to use our Services;
e) the accuracy any information services provided on the Global Credits Network Website which are provided by third parties; or
Nothing in these Terms and Conditions affects our liability for death or personal injury arising from our negligence, nor our liability for fraudulent misrepresentation or misrepresentation as to a fundamental matter, nor any other liability which cannot be excluded or limited under applicable law.
The information contained on the Global Credits Network Website is protected by world-wide copyright laws and treaty provisions. It may not be copied, reproduced, modified, published, uploaded, posted, transmitted, or distributed in any way, without our prior written permission. Except as expressly provided herein, Global Credits Network does not grant any express or implied right to you or any person in any intellectual property rights, details of Customers or trade secret information.
Global Credits Network, LLC is the owner or authorized user or licensee of all the intellectual property rights in the Global Credits Network Website including, without limitation, any copyright, patent, registered design, trademarks, service marks, source codes, specifications, templates, graphics, logo(s) or any right subsisting in Ireland or elsewhere in respect of formats, interfaces, programming, the offering of services to other Customers, software or any application for any of the foregoing and any modification, improvements, developments and enhancements thereof.
It is strictly prohibited to use any price data or any other data or content from the Global Credits Network Website without our prior written consent.
Collection of any of our data by means of screen scraping or any other automated or manual collection by any Customer is strictly prohibited.
No links to the Global Credits Network Website are permitted without our prior written permission.
We shall not be liable, and shall not otherwise be deemed to be in breach of these Terms and Conditions, for any failure to perform, or delay in performing, any of our obligations hereunder caused by circumstances beyond our reasonable control including but not limited to government or regulatory restriction, act of God, power cut, trade or labor dispute, act failure or omission of any government or authority, the failure of electronic or mechanical equipment or communication lines, telephone or other interconnect problems (e.g. if a Customer or Global Credits Network is unable to access his/her/its online service provider), unauthorized access, theft, operator errors, severe weather, earthquakes, floods and strikes or other labor problems. In such an event, we reserve the right to cancel or suspend the Services of Global Credits Network without incurring any liability.
We will not be liable for the failure of any equipment or software, wherever located or administered, or whether under our direct control or not, that may prevent the operation of the Services, impede the matching of offers, or prevent you from being able to contact us.
We will not be liable for any failure to perform by a third party to these Terms and Conditions. In particular, we reserve the right to declare null and void any transaction that Global Credits Network may not be able to settle because of non-performance by a third party.
Changes to These Terms and Conditions, to the Services, to the Operation of Global Credits Network
Global Credits Network may amend these Terms and Conditions at any time by posting the amended terms on the Global Credits Network Website. All amended terms shall automatically be effective immediately they are posted on the Global Credits Network Website. It is your responsibility to check these Terms and Conditions from time to time to ensure that you agree with the terms as amended. From time to time we reserve the right to agree individual amendments to these Terms and Conditions with certain Customers at our discretion. The continuing use of the Global Credits Network Website and the Services by a Customer following such modifications to these Terms and Conditions shall constitute acceptance of the new Terms and Conditions and you will be bound by such modifications. If you do not accept any such changes, then your sole remedy is to cease using the Services and withdraw any outstanding Account balance and close your account. You should print a copy of these Terms and Conditions as amended from time to time and retain it for your records.
Global Credits Network reserves the right to change the format of the Global Credits Network Website and the Services themselves.
If any provision of these Terms and Conditions is held to be invalid, void or unenforceable by reason of any law, rule, administrative order or judicial decision, that determination shall not affect the validity of the remaining provisions of these Terms and Conditions.
The headings in these Terms and Conditions are for convenience of reference only and do not affect the construction or interpretation of any provision.
Notices and other communications delivered or mailed to the postal address or to the electronic-mail address provided by the Customer shall, until Global Credits Network has received notice in writing of any different address, be deemed to have been personally delivered once sent whether actually received or not.
You hereby agree that these Terms and Conditions shall be binding upon your heirs, executors, administrators, personal representatives and permitted assigns. These Terms and Conditions shall inure to the benefit of Global Credits Network and Global Credits Network, LLC and its successors, assigns and agents. We may assign our rights and duties under these Terms and Conditions to any company of the Global Credits Network, LLC network without giving notice, or to any other entity upon prior written notice. You may not assign your rights without our prior written consent.
The relationship of Global Credits Network and you established by these Terms and Conditions is that of independent contractors, and nothing contained in these Terms and Conditions shall be construed to:
a) give either party the power to direct and control the day-to-day activities of the other;
b) deem the parties to be acting as partners, joint ventures, co-owners or otherwise as participants in a joint undertaking; or
c) other than as stated in these Terms and Conditions, permit either party or any of either party's officers, directors, employees, agents or representatives to create or assume any obligation on behalf of the other party for any purpose whatsoever.
Any waiver Global Credits Network and Global Credits Network, LLC of any breach of, or default under, these Terms and Conditions by you shall not be considered as a waiver of any subsequent breach.
Failure or delay by Global Credits Network or Global Credits Network, LLC in enforcing or partially enforcing any condition of these Terms and Conditions shall not be interpreted as a waiver of any of Global Credits Network, LLC rights under these Terms and Conditions.
These Terms and Conditions supersedes all prior agreements between the parties in relation to its subject matter and represents that entire agreement between Global Credits Network and you. Nothing in these Terms and Conditions shall operate or be interpreted to limit or exclude either party's liability or remedies for any fraudulent misrepresentation.
These Terms and Conditions shall be subject to and interpreted in accordance with the Laws of the British Virgin Islands and shall be subject to the non-exclusive jurisdiction of the courts of Road Town.
These Terms and Conditions have been prepared in various languages other than English for reference only. In the event of any differences between the English version of these Terms and Conditions and any non-English versions, the English version shall prevail.