These Terms and Conditions ("Terms") outline the agreement that governs your access to and usage of the On-Ramp Service and Off-Ramp Service ("Services") provided by Bleap Finance Sp. z o.o. ("Bleap," "we," "our," or "us"). By utilizing these Services, you enter into a legally binding contract, waiving certain legal rights, based on these Terms. Please carefully review these Terms before accessing or using Bleap or its Services. If any part of these Terms is unacceptable to you, please refrain from visiting, accessing, or using Bleap or its Services.
We reserve the right to update these Terms occasionally for reasons such as service enhancements, legal or regulatory changes, or at our discretion to prevent abuse or harm. Any updates will be communicated to you in advance. For all other changes, the updated Terms will take effect immediately upon being posted on our website. If you continue to use the Services after these updates, we will assume you agree to the updated Terms, which will supersede all previous versions. We also retain the right to discontinue or make changes to any of the Services.
We may, without prior notice or liability, and for various reasons:
Capitalized terms shall have the meanings assigned to them in these Terms, unless the context requires otherwise.
"Affiliate" refers to an entity that has ownership, control, or common ownership with another party.
"AML" stands for Anti-Money Laundering, which encompasses procedures, laws, and regulations to prevent the concealment of income from illegal activities.
"Blockchain" refers to a system where transaction records of Digital Assets are stored across a network of linked computers.
"Digital Asset" is a digital representation of value using encryption techniques for asset generation and transfer, independent of a central authority.
"Fiat" in the context of money or currency, denotes the official coin and paper currency used as legal tender in a country.
"KYC" stands for Know Your Customer, which involves a business verifying the identity of its customers and assessing potential risks of illegal intentions.
Before using the Bleap application, please review these Terms carefully. Your use of the Bleap application is contingent upon your consent to and compliance with these Terms. If you disagree with any provision of these Terms, please cease using the Service. Failure to adhere to this directive may result in a violation of applicable laws or regulations in your jurisdiction. If you have any doubts, contact us at firstname.lastname@example.org.
As with any asset, the value of Digital Assets can fluctuate, and there is a substantial risk of financial loss when buying, selling, trading, holding, or investing in Digital Assets, such as cryptocurrencies. You should thoroughly consider whether engaging in such activities is suitable for you. The value of Digital Assets can be influenced by market participants' willingness to exchange them for Fiat currencies or other Digital Assets. If this willingness diminishes for any reason, it could lead to a permanent and complete loss of value for a particular Digital Asset. The price of Digital Assets can be highly volatile and unpredictable, resulting in significant losses over a short time.
The treatment of Digital Assets varies by jurisdiction. Please be aware that, due to regulatory concerns, Bleap may not offer some or all of its Services in certain jurisdictions. The availability of the Services is subject to compliance with applicable laws and regulations. Currently, this includes but is not limited to countries such as Iran, North Korea, Sudan, South Sudan, Syria, Cuba, Russia, and any other country against which the United States, the United Kingdom, or the European Union imposes financial sanctions or embargoes. In accordance with economic sanctions programs in the countries where we operate, we have policies designed to comply with these sanctions programs. We may take actions such as suspending or terminating the Service, restricting your Service, returning Digital Assets to their origin or a specified location as instructed by authorities, or blocking the transfer of Digital Assets belonging to a sanctioned person.
Greetings! We are Bleap Finance Sp. z o.o., referred to as "Bleap," "we," "us," and "our." Our Services facilitate the seamless exchange of digital assets for Fiat currency. Bleap is a company incorporated in Poland under company number 526782047, with its registered office at Piotrkowska, nr 116, lok. 52, Łódź, 90-006, Republic of Poland.
Bleap Finance Sp. z o.o is a company registered in Poland in the Polish Register on Virtual Currencies Business Activity (Cryptocurrencies Register) under number RDWW-1009 in the Polish Virtual Currencies Business Activity Register having a registered address at Piotrkowska, nr 116, lok. 52, Łódź, 90-006, Republic of Poland.
We offer three services that enable you to:
Bleap is registered with the Polish Virtual Currencies Business Activity Register as a virtual currency service provider (VCSP). Bleap doesn’t trade in regulated securities or assets.
You can access and use our Services if you meet the following criteria:
In accordance with applicable Anti-Money Laundering (AML) and Office of Foreign Assets Control (OFAC) regulations, Bleap is obligated to retain specific information pertaining to your user profile and transaction history for a period of five years or any extended duration as mandated by relevant laws. In certain situations, Bleap may also be compelled to report to competent authorities regarding unusual transactions or any suspicions of potential involvement in financial misconduct or illicit activities.
Bleap is committed to continual compliance with AML and Know Your Customer (KYC) requirements. To uphold our AML/KYC compliance efforts, we reserve the right to request you to furnish documentation and details, which may include copies of your government-issued identification documents (e.g., Passport or driver's license), and may necessitate a background verification before granting authorization to use our Services. You expressly agree not to share your credentials with any third party, as doing so could contravene applicable laws and regulations. Furthermore, you undertake not to employ a Virtual Private Network (VPN) or similar mechanisms to access our Services in jurisdictions where such access is prohibited by law.
Additionally, Bleap may source and employ information from third-party sources to facilitate identity verification, conduct AML/KYC checks, and ascertain your eligibility for utilizing our Services. You affirm and guarantee the accuracy, truthfulness, and absence of any misleading information in all data provided to us at all times. Should any of this information change, it is your responsibility to promptly notify us of such changes.
Bleap, as a company registered in the Polish Register on Virtual Currencies Business Activity as VCSPs, is subject to the requirements of the the Polish Act of 1st March 2018 on counteracting money laundering and financing terrorism (Polish Journal of Laws 2022, item. 593, 655, 835, 2180, 2185 - consolidated text; hereinafter – PACMLTF). In addition, the following legal acts are relevant to the Company’s activity (non-exhaustive list):
Under the applicable rules, Bleap is obligated to obtain adequate information at all times to prevent financial crime including money laundering and terrorist financing. Under certain circumstances, Bleap may be required to obtain additional information to allow us to meet our AML obligations and comply with the reporting obligation.
To utilize the services offered by Bleap, you'll need to provide specific information to facilitate your transaction. Here's an overview of how our services work:
On-Ramp (Buying Digital Assets):
Off-Ramp (Selling Digital Assets):
Off-Ramp (Selling Digital Assets):
You bear the responsibility of ensuring the accuracy of the following elements based on the specific service you're using (On-Ramp, Off-Ramp, or Virtual Currency Exchange):
Price Paid: Ensure that the price paid matches the purchase price for the digital assets as provided by us.
Digital Assets Amount: Verify that the amount of digital assets sent or received is precisely equal to the purchase price or exchange rate provided by us.
Wallet Address: Confirm that the wallet address provided for digital asset transfers is correct.
Bank Account/Card: Ensure that the bank account or card details provided for fiat currency transfers are accurate.
Failure to adhere to these responsibilities may result in losses for which Bleap cannot be held liable, including losses of fiat money, digital assets, or investment opportunities.
We will display the Blockchain Wallet Address to which digital assets will be transferred based on information obtained from you or the host application used to initiate the transaction. It is your obligation to verify the accuracy of the displayed Blockchain Wallet Address. You must provide a Digital Asset address owned by you and under your full control and authorisation for the transfer of digital assets. Any limitations imposed by digital wallet providers may affect the acceptance of digital assets. Bleap will not be liable in such cases, and the service will be considered rendered.
Bleap is not responsible for inaccuracies in the data provided by you. It is your responsibility to verify all information before submission. Blockchain transactions are irreversible, and Bleap cannot reverse transactions due to data or instruction errors.
Transactions on the Blockchain are irreversible, and the data stored in the Blockchain remains publicly viewable and immutable indefinitely. Your Blockchain address and certain data will be permanently and publicly displayed. You agree to relinquish any right to rectify or erase personal data, as this is not possible on the Blockchain.
We utilise third-party exchanges and payment systems to facilitate your trades. Bleap is not responsible for any delays or errors caused by these third-party services. We are also not liable for any consequences arising from limitations set by your wallet provider or third-party wallet providers.
Most trades are settled using Blockchain and online payment systems for fiat transfers. Bleap does not operate its own settlement platform and is not liable for errors or delays in the functioning of settlement systems.
We may impose limits on the minimum or maximum number of trades you can conduct within a given timeframe. These limits are subject to our discretion and may be adjusted.
Once a trade has been placed, it is irreversible and cannot be cancelled or recalled under any circumstances. All orders are considered final and non-refundable once initiated.
Once an order has been sent to the cryptocurrency wallet, it becomes irrevocable and cannot be retrieved, regardless of the situation. By using our services, you acknowledge and agree that all cryptocurrency purchases, sales, and exchanges are ultimate and binding. Upon successful delivery of cryptocurrency to your wallet or fiat funds to your selected bank account, Bleap’s obligations are fully fulfilled, and no further claims or rights can be asserted against Bleap.
Please be aware that cryptocurrency transactions are irreversible by nature. You are solely responsible for safeguarding your private key and must exercise caution to prevent fraud, errors, or private key loss. Bleap will not assume any responsibility for issuing refunds, even in cases of fraud, errors, or private key loss.
These terms are in place to ensure transparency and clarity regarding the irreversible nature of cryptocurrency transactions and to establish the conditions under which refunds may be applicable in specific circumstances. It is essential for users to exercise caution and responsibility when engaging in cryptocurrency transactions.
When you agree to these Terms and continue to use our services, you make the following representations and warranties:
Firstly, you confirm that you meet the Eligibility Criteria required for using our services.
Secondly, you assert that all information provided to us is accurate and truthful.
Thirdly, you commit to adhering to all relevant laws and regulations while using our services.
Lastly, you pledge not to engage in any activities that could result in a violation of applicable laws and regulations, including those pertaining to anti-money laundering, counter-terrorism financing, and economic sanctions programs.
You understand that you are solely responsible for legal claims, financial penalties, and other liabilities arising from violations of the mentioned laws, rules, and regulations.
When using our services, you must act in accordance with the law and avoid violating these Terms. Specifically, you agree not to:
Notify us immediately at email@example.com if you suspect unauthorised access to your Bleap account or data. Bleap is not liable for any losses resulting from unauthorised access or any incidents arising from sharing your account access.
Fee Transparency: All fees associated with our services are disclosed before you make a purchase, sale, or exchange of cryptocurrency. You will be asked to confirm your understanding and agreement to the fees before proceeding with your order.
Chargebacks: Bleap reserves the right to pursue financial losses incurred if you initiate a chargeback procedure with your bank. This includes administration fees imposed by card acquirers and card schemes, as well as the monetary value of the cryptocurrencies.
Taxes: You are responsible for complying with applicable tax laws. Bleap Finance Ltd is not responsible for determining which laws apply to your transactions or for handling tax matters. Reporting and payment of taxes related to your use of our services are your sole responsibilities.
These Terms come into effect when you access and use the Services and remain in effect until terminated by either you or us.
We reserve the right to immediately suspend your access to and use of the Services or terminate these Terms without prior notice or liability under the following circumstances:
Please note that Bleap, at its sole discretion, may terminate your access to the Services, including the right to refuse processing, cancel, or reverse any transaction, even if corresponding funds have been debited from your payment method. We may also suspend, restrict, or terminate a Bleap user's account.
If you have initiated a trade before we terminate or suspend your access, we will return the relevant Fiat currency or Digital Assets to you, unless prohibited by law or regulation. Provisions in these Terms intended to survive termination, including indemnity, taxes, warranty disclaimers, IP, and governing law, will remain in force.
We retain full ownership of all intellectual property associated with our products, including but not limited to the content within our app and website, our logo, and card designs. You are strictly prohibited from appropriating our intellectual property for your own purposes, except for the purpose of using our products as intended. Furthermore, reverse-engineering any of our products, which involves reproducing them through a detailed examination of their construction or composition, is strictly prohibited
Shared Commitments: Each party agrees to maintain the confidentiality and security of all information shared by the other party during the term of these Terms. Such confidential information should only be used to fulfill the purpose of these Terms.
Revealing Restricted Information: A party may disclose the other party's confidential information to its officers, Affiliates, employees, contractors, members, representatives, professional advisors, agents, and subcontractors (the "Permitted Receivers") on a need-to-know basis, provided they commit in writing to confidentiality obligations similar to those set out in these Terms. Each party is responsible for any acts or omissions of its Permitted Receivers that would constitute a breach of this Agreement.
Commitments at Termination: Upon the owner's request, each party must take reasonable steps to destroy or erase any confidential information it possesses from the other party within 30 days, except for securely stored archival or backup copies, which may be retained as required by legal or regulatory obligations.
We are not liable for:
Our liability cannot be excluded for fraud, death, or personal injury caused by negligence, or anything that cannot be excluded by law. Our liability for any claim under these Terms is limited to the Fees paid by you in the 12 months preceding the claim.
Formal Reporting of Errors in Writing: Claims of EFT Errors should be submitted in writing to firstname.lastname@example.org. Such claims should include relevant information such as user identification, the time and date of the error, and specific details about the alleged error.
Bleap is not liable for the actions of third parties. You acknowledge and understand that issuers of certain digital assets may become insolvent or restructure, potentially leading to volatility and losses. Bleap has no connection to third-party token issuers and is not liable for any insolvency proceedings or related damages. You further acknowledge and understand the potential impact of insolvency proceedings on digital assets held in wallets or accounts provided by third-party platforms. Purchases of digital assets should be made after careful consideration and personal research, and Bleap makes no representations regarding dealings with digital assets.
You agree to indemnify and hold Bleap and its Affiliates, along with their respective employees, managers, officers, directors, partners, and shareholders, harmless from any losses, damages, suits, expenses, or other liabilities of any kind. This includes legal fees and costs associated with trades (e.g., Network Fees) incurred by us in connection with your use of the Services, your breach of these Terms, violation of any law, regulation, order, or rights of a third party, or any act or omission by you or anyone acting on your behalf while using the Services.
Warranty Disclaimer: Bleap Services are provided "as is" and "as available" without any warranty under these Terms. To the extent allowed by applicable law, all express or implied conditions, representations, and warranties, including but not limited to those of merchantability, fitness for a particular purpose, satisfactory quality, and non-infringement, are disclaimed.
Limitation of Liability: In no event shall Bleap, its affiliates, service providers, officers, directors, agents, joint venturers, employees, contractors, or representatives be liable for any lost profits, diminution in value or business opportunity, any loss, damage, corruption, or breach of data, or any other intangible property or any special, incidental, indirect, intangible, or consequential damages, whether based in contract, tort, negligence, strict liability, or otherwise, arising out of or in connection with authorised or unauthorised use of the Bleap Services or these Terms.
Historical Data: Bleap makes no representations about the accuracy, order, timeliness, or completeness of historical or current eligible digital assets' price data available through the Bleap Services. While Bleap endeavours to process transactions in a timely manner, it makes no representations or warranties regarding the time required for processing, which depends on various factors beyond our control. Bleap shall not be liable for any losses or damages resulting from delays in the provision of the Services.
No Third-Party Rights: These Terms are a contract between you and us. No other person shall have any rights to enforce any of its terms.
Enforcement Delay: Our failure to immediately enforce any provision of these Terms or take action against your breach does not waive our right to do so at a later time.
Severability: If any provision in these Terms is found to be unenforceable, that provision shall be severed, with the remainder of these Terms remaining in full force and effect.
Entire Agreement: These Terms constitute a complete and exclusive agreement between you and Bleap. In case of inconsistency or discrepancy between these Terms and any accompanying document, these Terms shall prevail.
Governing Law and Jurisdiction: The legal relationship between you and us is governed by the law of the Republic of Poland.