Terms of Service
It is important to us that you, and our other visitors, have the best possible time while using our site, and that when you use this site you are fully aware of your respective legal rights and obligations. For that reason, we have created these Terms of Service as the legally binding terms to govern your use of this site. Please read these Terms of Service carefully before using the site because they affect your legal rights and obligations.
If you do not agree with any of these Terms of Service please do not use this site, by using this Site you will be deemed to have irrevocably agreed to these terms. Please note that these Terms of Service may be revised and reissued without notice at any time. You should visit this page regularly to review the current Terms of Service, since your continued use of the site will be deemed as irrevocable acceptance of any revisions.
Services provided by Fargobase might not be legally allowed in certain jurisdictions. By accepting these terms and services you confirm that you are not a resident of a such jurisdiction.
This site is owned and operated by Fargobase. You can contact us at any time. Please send us any questions, requests or general correspondence by contacting our support.
To access this site or some of the resources it has to offer, you may be asked to provide registration details in order to register a user account ("account"). It is a condition of use of this site that all the details you provide will be correct, current, and complete. If we at Fargobase.com believe the details are not correct, current, or complete, we have the right to refuse you access to the site, or any of its resources, and to terminate or suspend your account.
You may only act on your own behalf. Your account can not be used to act as an intermediary or broker for any person or entity.
You may only use your own account to trade at Fargobase.com and you may only use one user account at a time for buying or selling. You are responsible for maintaining adequate security and control of any and all IDs, passwords, personal identification numbers (PINs), or any other codes that you use to access Fargobase. You are not allowed to sell, borrow, share or otherwise make available your account or any detail necessary to access your account to people or entities other than yourself.
Your account must not contain misleading or fraudulent information, including, but not limited to having a non-personal phone number, creating fake reputation information for your account, faking your country of origin or providing fraudulent identification documents.
We may at any time require you to complete our ID verification process and may also require you to submit additional identification documents to Fargobase if we deem it necessary. Failing to complete ID verification will be considered a violation of this agreement.
We may close, suspend, or limit your access to your account or to other Services we offer, and/or limit access to your Bitcoin, Fargocoin or USD balance for up to 180 days (or longer if pursuant to a court order or other legal process) if you violate these Terms of Service or any other agreement you enter into with Fargobase, or as otherwise specified in these Terms of Service or other agreement you have entered into with Fargobase. We may also use proprietary fraud and risk modeling when assessing the risk associated with your account.
If we determine that you have at any previous point in time violated this agreement or any other agreement that you have entered into with us we will immediately close, suspend or limit your account and Bitcoin, Fargocoin or USD balance as per the terms outlined in this agreement.
The buying or selling 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 anything on a market.
Bitcoin or Fargocoin trading also has special risks not generally 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 or Fargocoin is a unique kind of “fiat” currency, backed by technology and trust. There is no central bank that can take corrective measure to protect the value of Bitcoins or Fargocoins in a crisis or issue more currency.
Instead, Bitcoin or Fargocoin is an as-yet autonomous and largely unregulated worldwide system of currency firms and individuals. 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 or Fargocoin 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 or Fargocoin 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 are able to prevent any transactions from settling.
You should carefully assess whether your financial situation and tolerance for risk is suitable for buying, selling.
We use our banking providers in order to receive client moneys and making payments. Our banking providers DO NOT transfer Bitcoins or Fargocoins, exchange Bitcoins or Fargocoins, or provide any services in connection with Bitcoins or Fargocoins.
WE DO NOT GUARANTEE ANY PROFIT FROM TRADING OR ANY OTHER ACTIVITY ASSOCIATED WITH THE WEBSITE.
Due to the nature of the product the website sells, all purchases made on the website are nonrefundable.
All services are provided without warranty of any kind, either express or implied. We do not represent that this Site will be available at all time to meet your needs. We will strive to provide You with the Service as soon as possible but there are no guarantees that access will not be interrupted, or that there will be no delays, failures, errors, omissions or loss of transmitted information.