As used herein, "savedroid" refers to the company savedroid NL B.V., including without limitation thereby, its owners/shareholders, directors, investors, employees, affiliated companies, or other related parties. savedroid NL B.V. is a company with limited liability, incorporated under the laws of the Netherlands.
Noteworthy and depending upon context, "My Solid Wealth" shall have a meaning of the website, the services, products, content or other materials (collectively, "Materials" such as text, graphics, logos, button icons, images, audio clips, digital downloads, data compilations, software etc.) provided by the company savedroid as mentioned above.
A My Solid Wealth Account ("Account" or "Accounts") is an Account held by an "Account Holder" with the specific objective of exchanging digital currency (like Bitcoin) and fiat currency through the My Solid Wealth platform.
By Creating an Account to use the My Solid Wealth Services, Account Holders represent and warrant:
You can buy digital currencies and sell digital currencies in a few minutes after creating an Account. My Solid Wealth works with accounts to provide you with additional security. It also gives you a 'one-click' ordering method, which speeds up the process and helps avoiding errors (such as making a mistake when typing the digital currency address of your private wallet). Your Account is only used for these purposes.
A new Account can be created by any natural person or legal entity by providing:
It is the sole responsibility of the Account Holder to provide correct account details and to make sure to have access to his Account as well as to make it secure. By providing false account details, a fee of 50 EUR is due.
It should be borne in mind that "savedroid" takes no responsibility for any losses.
The Exchange Service is subject to the My Solid Wealth "Reference Price". "Reference Price" means the liquidity adjusted price of a given digital currency amount in terms of local currency as quoted on the My Solid Wealth Site. The "Reference Price" is stated either as a "Buy Price," the price in terms of local currency at which you purchase digital currency from My Solid Wealth, or as a "Sell Price," the price in terms of local currency at which you sell digital currency to My Solid Wealth.
Our Services consist of facilitating the buying and selling of digital currencies such as Bitcoin and their use to purchase goods in an international open payment system. My Solid Wealth does not keep or manage any digital currency wallets. The Services we provide are currently unregulated in the Netherlands. However, it is our policy to comply with applicable laws and regulations regarding AML and identity verification (Know Your Customer, called KYC procedures), and to detect and prevent the use of our Services for money laundering or to facilitate criminal or terrorist activities.
Any decision to purchase or sell digital currency is the User's decision and we will not be liable for any loss suffered.
My Solid Wealth is a stand-alone digital currency exchange business, where you deal directly with My Solid Wealth (as opposed to an exchange market where you deal directly with other buyers and sellers).
There is no fee for a transaction. However, there is a 10% spread as well as 10 EUR payout fee. These fees are clearly specified on the Buy and Sell pages and are presented well in advance of initiating your order. Digital currencies such as Bitcoin are a digital non-returnable and non-refundable product for which you lose your right of withdrawal.
When buying digital currency, you acknowledge and agree to accept:
Unless otherwise specified, all Materials on My Solid Wealth are property of "savedroid NL B.V." and are protected by copyright, trademark and/or other applicable laws. You may view print and/or download a copy of the Materials from My Solid Wealth solely for the User's personal, informational, non-commercial use, provided to keep intact all copyright and other proprietary notices.
The Trademarks, service marks and logos of My Solid Wealth and others used are property of "savedroid NL B.V." and their respective owners. The software, text, images, graphics, data, prices, trades, charts, graphs, video and audio used on the different My Solid Wealth's platforms belong to My Solid Wealth. The Trademarks and Materials should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, scraped, collected or distributed in any form or by any means. Any unauthorized use is prohibited and may violate copyright, trademark and/or other applicable laws and could result in criminal or civil penalties.
Account Holders represent and warrant that they are the legitimate owners and are allowed to use all digital currencies of the Transactions being carried out and do not infringe the rights of any third party or applicable laws.
My Solid Wealth cannot be held liable for any malfunction, breakdown, delay or interruption to the Internet connection or if for any reason our Services are unavailable at any time or for any period.
Where our Site contains links to other sites and resources provided by third parties, these links are provided for your information only. We have no control over the contents of those sites or resources and accept no responsibility for them or for any loss or damage that may arise from your use of them.
My Solid Wealth shall be liable towards you within the scope of the use of the Site for culpably inflicted personal injuries to an unlimited extent. For financial losses culpably inflicted upon you My Solid Wealth will be liable with the exceptions and restrictions stipulated below.
In case of simple negligence My Solid Wealth is, in any case, only liable for the breach of essential contractual obligations and the liability is limited to the amount of the foreseeable damages, the occurrence of which typically has to be expected with contracts of this type. Such essential contractual obligations in the aforementioned meaning are obligations which are essential for the achievement of the contractual purpose or the fulfilment of which enables the proper execution of the contract at all and on the compliance with which you may regularly rely. The foreseeable damage, typical for the contract, is the damage, which is under usual circumstances related to the cause of the damage and the type of the contract.
You are are responsible for the accuracy and completeness of their details, in particular with regard to details concerning name, address and bank details.
My Solid Wealth is not liable, if – owing to incorrect or incomplete declaration of details by you – a contract is not concluded, you do not actually receive declarations from My Solid Wealth or Services cannot be provided by My Solid Wealth or are provided incorrectly.
The prices or exchange rates of virtual currencies are subject to continuous and substantial fluctuations, e.g. owing to announced legislative proposals, governmental restrictions, news in connection with cyber-crime or other factors, which possibly cause excessive enthusiasm on the markets or a disproportionately high loss of trust. Prices of virtual currencies can moreover be manipulated. The value of your saved virtual currencies can therefore suddenly increase sharply or also fall to a large extent, up to a value of nil.
Virtual currencies as well as crypto stock exchanges, on which virtual currencies are traded, are not subject to any state supervision and are not regulated. In particular, in the event of interruption of operations of such crypto stock exchanges or the Blockchain, on which a virtual currency is based, there is the risk that an exchange into or exchange back of virtual currencies into Fiat money will not be carried out or only carried out with a substantial time delay and during which the exchange rates can fluctuate substantially.
My Solid Wealth is not liable for the damages suffered by you in connection with rate fluctuations of virtual currencies, unless these damages are a result of gross negligence, willful intent or of the non-compliance with applicable laws.
The conclusion of certain transactions in connection with virtual currencies on Blockchain networks can be postponed for a certain period of time, until a sufficient number of confirmations have been received. A transaction of virtual currencies will therefore under certain circumstances not be displayed in the User's My Solid Wealth Account, until a sufficient number of confirmations has been received and was confirmed by My Solid Wealth. There is, moreover, the possibility that transactions in Blockchain networks are aborted or that Blocks remain unconfirmed. In addition, transactions of virtual currencies are possibly not capable of being reversed.
My Solid Wealth is not liable for the damages suffered by you, which result from non-concluded transactions or transactions, which were not concluded in time or were concluded inaccurately via a Blockchain network.
We also reserve the right to cancel unconfirmed Accounts or Accounts that have been inactive for a period of 6 months or more, and/or to modify or discontinue our Site or Services. Account Holders agree that My Solid Wealth will not be liable to them or to any third party for termination of their Account or access to the Site.
We may provide any notice to you under these Terms and Conditions by
Notices, that we provide by posting on My Solid Wealth will be effective upon posting and notices, we provide by email will be effective when we send the email. It is the User's responsibility to keep their email address up to date. It is also advised to read and become acquainted with our notices as they may maintain updates on our Terms and Conditions or changes of contacting addresses. It is in the Account Holder's interest to check our updates and changes concerning My Solid Wealth platforms and their new functions, whereas a new functions and/or options may alter the new ones, which may lead to different results than is expected by Account Holder, who still relies on old functions and/or options of particular Services of My Solid Wealth.
My Solid Wealth carries no liability resulting from an Account Holder's failure to become acquainted with such changes.
The User will be deemed to have received any email sent to the email address that associated with him when we send the email, whether or not the User actually receive or reads the email.To give us notice under these Terms and Conditions, the user must contact My Solid Wealth by email to support@goMy Solid Wealth.com. We may update this email address for notices to us by posting a notice on our platform. Notices to us will be effective one Business Day after they are sent.
All communications and notices, made or given pursuant to these Terms and Conditions, must be in English language.
These Terms and Conditions contain the entire agreement and supersede all prior and contemporaneous understandings between the parties regarding the Services. These Terms and Conditions do not alter the terms or conditions of any other electronic or written agreement you may have with My Solid Wealth for the Services or for any other My Solid Wealth product or service of otherwise. In the event of any conflict between these Terms and Conditions and another agreement you may have with My Solid Wealth, the terms of that other agreement will be of a more importance only if these Terms and Conditions are specifically identified and declared to be overridden by such other agreement.
Last updated: 19.03.2020Close