The completion of the confirmation of Bitcoin transactions is the
responsibility of the Bitcoin network, thus Bitkings shall not be
responsible for any loss suffered by traders on either party's.
In view of the fact that, BitKings does not control the Bitcoin
network protocol, therefore cannot monitor any erroneous flaws ,
delays or shutdown pertaining to the Bitcoin Network.
You understand and you are well aware that BitKings does not verify
confirmations, cancel or reverse Bitcoin transactions.
You understand that BitKings is merely a trading platform, therefore
it cannot be held accountable for any losses, technical flaws or
errors as a consequence of sending or receiving Bitcoin from
irrelevant wallet addresses, e-mail addresses, entering incorrect
transaction amounts by using BitKings services. You are advised to
ensure the correctness of Bitcoin addresses, e-mail addresses,
transaction amounts where necessary.
Bitcoin has is a highly secured peer to peer network, that has been
combined both on the online and offline storage. Consequently, the
facilitation of Bitcoin transactions may take 2days (48 hours). As a
participant of BitKings you agree that you understand that there is a
risk that transactions may prolong and you agree not to hold BitKings
accountable for any losses suffered due to delays or errors.
BITKINGS TRADE MARKET
In order to participate in the exchange, you must be at least 18 years old.
You must provide correct information about your true identity and must
You are well aware that Bitcoin may cause significant financial losses
as it involves risks.
BitKings encourages electronic payments, as cash deposits may prolong and
may incur unnecessary processing fees.
BitKings advises that all direct payments must be done via means of
electronic payments, for example, a user is advised to use electronic
funds transfer (ETF) from a bank account that is opened in your own
name and must correspond with your place of residence.
Payments coming from BitKings are only processed via means of
electronic funds transfer to your personal account that is registered
in your real name and with your place of residence. You are kindly
advised to specify country and province.
BitKings will not be held responsible for any prolonged transaction
as BitKings does not ensure traders Bitcoin or any financial
institution transfer disbursement times.
You must secure your trading ground by paying an initial fee of R 500
This payment should be done well in advance.
All orders placed on this trading platform are irreversible and cannot
be cancelled. Therefore you are advised to trade with caution.
BitKings does not hold the authority to accept any orders, in the case
of the site not allowing the order to be loaded.
Orders, deposits, and withdrawals have been assigned limits and you
may only trade once a week. However, your affiliate progress will
determine the number of times you may trade per week. You may trade
twice a week if your affiliate progress reflects 20 referrals.
BitKings may suspend your account if you have violated any user Terms
and Conditions or if the system detects that your account may be in
danger. Therefore BitKings will inform you via email or SMS.
BitKings service does not guarantee any returns as it is not an
investment but a trading platform, hence BitKings provides its
service without warranty and alerts you that it may not be available
100% of the time.You understand that, should technical errors occur
owing to traffic and other various circumstances, the site may be slow
and may appear unavailable and as such BitKings will not be held
accountable for any losses due to the system or service becoming
BitKings does not and cannot control the value of Bitcoin and is not
obliged to purchase back Bitcoin at any time.
Any taxes that apply to your trading and Bitcoin transactions are
You are prohibited to use BitKings products and services to engage in
any criminal or unlawful activities, namely the following:
Violation of any laws, statutes, ordinances or regulations.
Items that promote or facilitate illegal activity
Items that are counterfeit or otherwise infringe or violate copyright,
trademarks or other intellectual property
Items that promote or facilitate hate, violence or racial intolerance
Narcotics, steroids, drugs or other controlled substances
Ammunition, firearms or other weapons that require licensing
Sale of personal information
Items that are considered obscene
Extortion or blackmail
Prostitution or illegal escort services
You may not use BitKings products or services to engage in any of the
Providing payment services or as a money transmitter neither to
operate any other financial service business.
Providing gambling or gaming services.