Terms of Service for ₿TC Bit By Bit

3.1 Age Requirements

• Primary Account Holders: Must be 18+ years old
• Family Members: Children under 18 may use the service under parental supervision
• Verification: Age verification may be required

3.2 Account Registration

• Provide accurate, current, and complete information
• Maintain and update account information
• One account per person (primary account holders)
• Responsible for all account activity

3.3 Identity Verification

To comply with regulatory requirements, you may need to provide:

• Government-issued identification
• Proof of address
• Additional documentation for verification

4.1 Service Tiers

4.2 Subscription Fees

• Fees are charged monthly or annually as selected
• All fees are exclusive of applicable taxes
• Prices may change with 30 days' notice

4.3 Payment Terms

• Payments processed through Stripe
• Automatic renewal unless cancelled
• Refunds subject to Section 8 (Cancellation and Refunds)

4.4 Free Trial

• Free trials may be offered for paid tiers
• Trial cancellation required before trial period ends
• Credit card authorization may be required

5.1 Wallet Types

₿TC Bit By Bit provides self-custody wallets only. This means:

• You control your private keys and are solely responsible for their security
• Your Bitcoin is yours - we never hold or have access to your funds
• Recovery phrase security is your responsibility - store it safely and never share it

5.2 Bitcoin Transactions

5.3 Security Responsibilities

All Users: Solely responsible for private key and recovery phrase security

All Users: Must secure account credentials and enable 2FA

Recovery Phrases: Must be stored securely offline and never shared with anyone

5.4 Backup and Recovery

• Recovery phrase is required for wallet restoration
• Lost recovery phrases cannot be recovered by the Company
• We recommend storing your recovery phrase in multiple secure locations

6.1 Content License

• Educational content licensed for personal, non-commercial use
• Content may not be redistributed or used commercially
• Achievement rewards are earned through legitimate completion

6.2 Rewards Program and Sats-Back

Educational Rewards:

• Small amounts of Bitcoin ("sats") earned through completing educational activities
• Rewards credited to your Redeem wallet within the app

Subscription Sats-Back:

• Standard subscribers receive £5 (or equivalent in other currencies) worth of Sats monthly
• Premium subscribers receive £10 (or equivalent in other currencies) worth of Sats monthly
• Sats-back is credited to your Redeem wallet at the start of each billing period

Redemption:

• Sats accumulated in your Redeem wallet can be redeemed at any time
• Redeemed Sats are transferred to your self-custody wallet
• Redemption is subject to minimum thresholds and network fees
• Rewards and Sats-back are subject to availability and program terms

7.1 Parental Responsibility

• Parents/guardians responsible for all child account activity
• Must provide verifiable consent for children under 13
• Control and monitor children's Bitcoin activities

7.2 Child Account Limitations

• Limited transaction amounts and frequencies
• Parental approval required for transactions
• Educational content appropriate for age

7.3 Family Invitations

• Only invite family members with their consent
• Responsible for family member actions
• Can revoke family access at any time

8.1 Cancellation Rights

• Cancel subscription at any time through account settings
• Cancellation effective at end of current billing period
• Continue to have access until period ends

8.2 Refund Policy

8.3 Account Termination

• We may terminate accounts for Terms violations
• No refunds for terminated accounts due to violations
• You may close your account at any time

10.1 Anti-Money Laundering (AML)

• We comply with UK AML regulations
• Suspicious activity may be reported to authorities
• Account may be frozen pending investigation

10.2 Know Your Customer (KYC)

• Identity verification required for certain features
• Enhanced due diligence for high-value transactions
• Ongoing monitoring of account activity

10.3 Sanctions Compliance

• Prohibited from serving sanctioned individuals or entities
• Accounts may be suspended for sanctions violations

11.1 Bitcoin Risks

11.2 Investment Disclaimer

11.3 Educational Content

• Content for educational purposes only
• Not personalized financial advice
• Seek professional advice for financial decisions

12.1 Service Availability

• Service provided "as is" without warranties
• No guarantee of continuous availability
• Maintenance and updates may cause temporary unavailability

12.2 Damages Limitation

12.3 Indemnification

You agree to indemnify and hold us harmless from claims arising from:

• Your use of the Service
• Violation of these Terms
• Violation of laws or third-party rights
• Family member activities under your account

13.1 Our Rights

• Service name, logo, and content are our property
• Protected by copyright, trademark, and other laws
• No rights granted except as expressly stated

13.2 User Content

• You retain rights to content you submit
• Grant us license to use content for Service operation
• Must not submit infringing or illegal content

15.1 Governing Law

These Terms are governed by the laws of England and Wales.

15.2 Jurisdiction

Disputes subject to exclusive jurisdiction of English courts.

15.3 Informal Resolution

Contact customer support before pursuing legal action at support@btcbitbybit.com. 30-day informal resolution period.

17.1 Updates

• Terms may be updated periodically
• Material changes notified via email or in-app notification
• Continued use constitutes acceptance of changes

17.2 Notification

• 30 days' notice for material changes
• Immediate notice for legal requirement changes

21.1 Redeem/Earn Feature

• Sats earned through educational activities and subscription benefits are credited to your Redeem wallet
• The Redeem wallet tracks your earned Sats until you choose to redeem them
• Upon redemption, Sats are transferred from our operational wallet to your self-custody wallet
• Redemption is subject to network fees (Lightning or Liquid Network)
• We reserve the right to modify reward rates and redemption terms with reasonable notice
• Unredeemed Sats remain available in your Redeem wallet as long as your account is active

21.2 Liquid Network Transactions

• Separate from Bitcoin mainnet
• Subject to Liquid Network terms and conditions
• Enhanced privacy features available

21.3 Family Wallet Features

• Parents liable for all family transaction activity
• Transaction limits based on account verification level
• Educational restrictions apply to minor accounts
• Family members earn and redeem Sats independently within parental oversight