Terms of Service
Use of the Tealstreet website (“Website”) and the service offered on the Website (“Service”) are governed by the terms contained on this Terms of service page (“Terms”). This agreement entirely constitutes the agreement between the parties.
By accessing and using the website in any manner, you acknowledge that you have read, understood and agree to the Terms listed. Tealstreet can change any terms listed in this agreement without prior notice. You agree that you will continue to be bound to the terms listed and all of the conditions and that Tealstreet has no obligation to notify you of the changes. You understand this is your responsibility and that you have the ability to access and review these terms of service at any time and that you agree to do so.
You shall not in any circumstances obtain any rights over or in respect of the Website (other than rights to use the Website pursuant to these Terms and any other terms and conditions governing a particular service or section of the Website) or hold yourself out as having any such rights over or in respect of the Website.
In addition to the Terms of Service laid out on this page, you also agree to follow all of the Terms of Service you agreed to when signing up on the respective exchanges through which trades are routed.
The trading of goods and products, real or virtual, as well as virtual currencies, involves significant risk. Prices can and do fluctuate on any given day. Due to such price fluctuations, you may increase or lose value in your assets at any given moment. Any currency – virtual or not – may be subject to large swings in value and may even become worthless. There is an inherent risk that losses will occur as a result of buying, selling or trading anything on a market.
Bitcoin trading also has special risks not shared with official currencies or goods or commodities in a market. Unlike most currencies, which are backed by governments or other legal entities, or by commodities such as gold or silver, Bitcoin is a unique and backed by technology and trust. There is no central bank that can take corrective measure to protect the value of Bitcoins in a crisis or issue more currency.
Instead, Bitcoin is an as-yet autonomous and largely unregulated worldwide network. Traders put their trust in a digital, decentralized and partially anonymous system that relies on peer-to-peer networking and cryptography to maintain its integrity.
Bitcoin trading is probably susceptible to irrational (or rational) bubbles or loss of confidence, which could collapse demand relative to supply. For example, confidence might collapse in Bitcoin because of unexpected changes imposed by the software developers or others, a government crackdown, the creation of superior competing alternative currencies, or a deflationary or inflationary spiral. Confidence might also collapse because of technical problems: if the anonymity of the system is compromised, if money is lost or stolen, or if hackers or governments can prevent any transactions from settling.
Because on this platform there are derivatives being traded, there is additional counter party risk.
You should carefully assess whether your financial situation and tolerance for risk is suitable for buying, selling or trading Bitcoins.
Accessing The Website
You must not use this website in any way that causes, or may cause, damage to the website or impairment of the availability or accessibility of the website; or in any way which is unlawful, illegal, fraudulent or harmful, or in connection with any unlawful, illegal, fraudulent or harmful purpose or activity.
You must not use this website to copy, store, host, transmit, send, use, publish or distribute any material which consists of (or is linked to) any spyware, computer virus, Trojan horse, worm, keystroke logger, rootkit or other malicious computer software.
You must not conduct any systematic or automated data collection activities (including without limitation scraping, data mining, data extraction and data harvesting) on or in relation to this website without Tealstreet’s express written consent.
It is the users responsibility to ensure that all usernames and passwords are kept confidential. If there is a loss or compromise of your username and password, it is your responsibility to notify Tealstreet immediately. Upon being notified, Tealstreet will initiate a reset of your password.
At no time should any user compromise the website in a way that would cause interference in the functionality of any part of the website.
All users have no expressed authority to use the Tealstreet website to interfere or access any supported exchange account except those in which the user has authority to access.
By accessing the Tealstreet website, you agree that all business conducted for the legal benefit of the users account.
By opening an account you represent and warrant:
that you have accepted the Terms; and
that you are at least 18 years of age and have the capacity to accept the Terms;
that you are the legal owner of all exchange accounts you link to Tealstreet.
that using Tealstreet services does not constitute a breach of your home jurisdictions’ laws;
that you are aware of the risks in using the services provided by Tealstreet. These risks include the high volatility risk of Bitcoin itself, the fact that you may lose all of the Bitcoins in your trading account if the market moves against you;
that you will not be involved or initiate any form of market manipulation, including spoofing orders or otherwise;
Tealstreet will provide Market Data to facilitate the User’s use of the Site. Tealstreet makes NO WARRANTIES about the timelines, sequence, accuracy, or completeness of the Market Data, and you accept and agree that Tealstreet shall not be held liable for any inaccuracy, error, delay or omission resulting from the User’s use of such Market Data.
Tealstreet reserves the right to revise and/or discontinue any or all Services without prior notice to the Users.
Tealstreet makes no guarantee that the website will be uninterrupted or error free. Among other things, the operation and availability of the Tealstreet platform can be unpredictable and may from time to time be unaccessible. Tealstreet is not in any way responsible for any such interference that prevents your access or use of the Website and the Service.
Nothing in this website disclaimer will exclude or limit any warranty implied by law that it would be unlawful to exclude or limit; and nothing in this website disclaimer will exclude or limit Tealstreet’s liability in respect of any:
fraud or fraudulent misrepresentation on the part of Tealstreet; or
matter which it would be illegal or unlawful for Tealstreet to exclude or limit, or to attempt or purport to exclude or limit, its liability.
At no time should any information provided in these terms or on the website be construed as financial advice. Tealstreet does not provide any opinion on the merits of any particular investment. Any information provided is for educational purposes to keep the investor informed of prices, ranges, and volatility of Bitcoins. Any decision to purchase or sell is done at the sole discretion of the account holder and as such, the account holder is liable for any loss suffered.
You agree to indemnify and hold harmless Tealstreet, its contractors, and its licensors, and their respective directors, officers, employees and agents from and against any and all claims and expenses, including attorneys’ fees, arising out of your use of the Website, including but not limited to out of your violation this Agreement.
In no event will Tealstreet, or its suppliers or licensors, be liable with respect to any subject matter of this agreement under any contract, negligence, strict liability or other legal or equitable theory for: (i) any special, incidental or consequential damages; (ii) the cost of procurement or substitute products or services; (iii) for interruption of use or loss or corruption of data; or (iv) for any amounts that exceed the fees paid by you to Tealstreet under this agreement during the twelve (12) month period prior to the cause of action. Tealstreet shall have no liability for any failure or delay due to matters beyond their reasonable control. The previous shall not apply to the extent prohibited by applicable law.
Any failure or delay by Tealstreet to enforce any of the Terms or to exercise any right under the Terms will not be construed as a waiver to any extent of our rights.
Except as permitted to the maximum extent by applicable laws, in no event shall Tealstreet, our directors, employees, agents, suppliers, resellers, service providers, or other users be liable for any direct, special, indirect, incidental, consequential, exemplary or punitive damages, including but not limited to damages for loss of use, loss of profits, loss of information, business interruption, revenue, or goodwill, whether on the basis of contract, tort (including but not limited to negligence), or otherwise arising out of the use or inability to use the site, or mistakes, omissions, interruptions, deletions, errors, defects, viruses, delays in operation or transmission or any failure of performance of the site or any information transmitted to Tealstreet.
Breach of Terms
If any terms listed are violated, Tealstreet reserves the right to seek any and all legal remedies allowable by law to remedy the violation. These may include any and all of the following, restricting any activity in the account, freeze, close an account and limit activity to the Tealstreet website.
Changes of Terms
Tealstreet reserves the right to change, add or remove portions of these Terms, at any time, in an exercise of its sole discretion. It is your responsibility to review the amended Terms. Your continued use of the Site signifies that you accept and agree to the changes, and that all subsequent transactions by you will be subject to the amended Terms.
We will not collect any personal information other than what is required to process payments for Tealstreet services
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