Welcome to Bit Transit, a cryptocurrency payment gateway operating in demonstration mode ("Gateway," "we," "us," or "our"). These Terms of Service ("Terms") govern your access to and use of our website, APIs, SDKs, widgets, and related services (collectively, the "Services"). By accessing or using the Services, you agree to be bound by these Terms. If you do not agree, do not use our Services.


1. Definitions

  • User: Any person or entity who registers for or uses the Services.

  • Merchant: A User who integrates Bit Transit to accept payments in FDK demo tokens.

  • Customer: An end-user who pays a Merchant through Bit Transit.

  • FDK Tokens: Cryptographic demo tokens used within the New Reality platform. These tokens have no monetary value and are intended solely for testing and demonstration.

  • Transaction: The process of a Customer sending FDK tokens through Bit Transit to a Merchant.


2. Eligibility

You must be at least 18 years old (or the age of majority in your jurisdiction) and legally capable of entering into a binding contract. By using our Services, you represent and warrant that you meet these requirements.


3. Account Registration

  • Registration: To use the Services, you must create an account and provide accurate, up-to-date information.

  • Security: You are responsible for safeguarding your account credentials and all activity that occurs under your account.

  • KYC/AML: As a demonstration platform, we may simulate Know-Your-Customer (KYC) or Anti-Money Laundering (AML) checks for development or training purposes.


4. Use of Services

  • Integration: Merchants may integrate our API, SDK, hosted checkout, or payment widgets as described in our developer documentation.

  • Transaction Flow: Customers initiate demo payments in FDK tokens, and Bit Transit routes these tokens to the Merchant's designated wallet within the demo environment.

  • Fees: No real-world transaction fees are charged. Fees may be simulated in demo tokens for testing purposes only.

  • Limits: Transaction limits may apply to support test conditions or prevent abuse of the demo environment.


5. Funds and Settlements

  • Demo Mode: Bit Transit operates exclusively with FDK demo tokens, which do not represent real financial value and cannot be exchanged for fiat currencies.

  • Custody: We do not provide long-term custody services. Tokens are routed directly through smart contracts or sandbox wallets.

  • Refunds: All refunds are at the sole discretion of the Merchant. Bit Transit only simulates the transaction infrastructure.


6. Prohibited Activities

You agree not to:

  • Use the Services for fraud, phishing, or simulated activities that could mirror unlawful conduct in real-world conditions.

  • Attempt to reverse-engineer, modify, or exploit the demo systems.

  • Upload viruses or harmful code.

  • Interfere with or attempt to bypass platform limitations.


7. Intellectual Property

All content, code, logos, and system architecture are the property of Bit Transit or its licensors. You may not use our branding, software, or documentation without express written consent.


8. Privacy

Our [Privacy Policy] governs the collection and use of user data. While no personal data is processed for real-world transactions, we may collect technical or behavioral information for development and debugging purposes.


9. Disclaimers and Limitation of Liability

  • No Warranty: The Services are provided "as is" for simulation purposes. We make no warranties of any kind, including merchantability or fitness for a particular purpose.

  • Limitation of Liability: Bit Transit shall not be liable for any damages arising out of your use of the demo Services. Since no real funds are processed, no liability for financial loss is assumed.


10. Indemnification

You agree to indemnify and hold harmless Bit Transit and its affiliates from any claims or liabilities arising from your misuse of the Services or violation of these Terms.


11. Termination

We reserve the right to suspend or terminate your access to the Services for any reason, including breach of these Terms, misuse of the demo environment, or attempt to simulate illegal behavior.


12. Jurisdiction

These Terms are governed by the internal laws of Poland. You agree to submit to the exclusive jurisdiction of the courts in that jurisdiction.


13. Modifications

We may modify these Terms at any time. The updated Terms will be posted on our website and effective upon publication. Continued use of the Services implies acceptance of any changes.


14. Contact Us

If you have questions or require support, contact us at:
Email: [email protected]


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