This Terms and conditions page describe the terms and conditions applicable to your access and use of the website and application as a broker or investor of Benefit Mine (hereinafter refer to “Benefit Mine” “We”).
If at any time you do not accept all of these terms & conditions, you must stop using the site. Certain areas within the site may be governed by additional terms and policies ("additional terms"). By using those areas of the site, you agree to the additional terms. The additional terms are incorporated into these terms & conditions, and any reference to these terms & conditions includes the additional terms.
BY MAKING USE OF BENEFIT MINE SERVICES, YOU ACKNOWLEDGE AND AGREE THAT:
By accessing, using or attempting to use Benefit Mine Services in any capacity, you acknowledge that you accept and agree to be bound by these Terms. If you do not agree, do not access Benefit Mine, or utilize Benefit Mine services.
As an important part of the Benefit Mine Ecosystem, Benefit Mine mainly serves as a global online platform for Digital Assets trading, and provides Users with a trading platform, financing services, technical services and other Digital Assets-related services. Users must register and open an account with Benefit Mine, and deposit Digital Assets into their account prior to trading. Users may, subject to the restrictions set forth in these Terms, apply for the withdrawal of Digital Assets.
Although Benefit Mine has been committed to maintaining the accuracy of the information provided through Benefit Mine Services, Benefit Mine cannot and does not guarantee its accuracy, applicability, reliability, integrity, performance or appropriateness, nor shall Benefit Mine be liable for any loss or damage that may be caused directly or indirectly by your use of these contents.
The information about Benefit Mine Services may change without notice, and the main purpose of providing such information is to help Users make independent decisions. Benefit Mine does not provide investment or consulting advice of any kind and is not responsible for the use or interpretation of information on Benefit Mine or any other communication medium. All Users of Benefit Mine Services must understand the risks involved in Digital Assets trading and are recommended to exercise prudence and trade responsibly within their own capabilities.
These Terms constitute a legal agreement and create a binding contract between you and Benefit Mine Operators.
Changes to These Terms
Benefit Mine reserves the right to change or modify these Terms in its discretion at any time. Benefit Mine may notify such changes by updating the terms on its website. ANY AND ALL MODIFICATIONS OR CHANGES TO THESE TERMS WILL BECOME EFFECTIVE UPON PUBLICATION ON THE WEBSITE OR RELEASE TO USERS. THEREFORE, YOUR CONTINUED USE OF BENEFIT MINE SERVICES IS DEEMED YOUR ACCEPTANCE OF THE MODIFIED AGREEMENT AND RULES. IF YOU DO NOT AGREE TO ANY CHANGES TO THESE TERMS, YOU MUST STOP USING BENEFIT MINE SERVICES IMMEDIATELY. YOU ARE RECOMMENDED TO FREQUENTLY REVIEW THESE TERMS TO ENSURE YOUR UNDERSTANDING OF THE TERMS AND CONDITIONS THAT APPLY TO YOUR ACCESS TO AND USE OF BENEFIT MINE SERVICES.
Prohibition of Use
No country has restrictions on the use of our services and if their restrictions are imposed, their assets will be referred to them, but if you violate company rules, your assets will be blocked.
Registering people must enter the amount of their deposit after entering their details amount for brokers deposit is $ 200 and amount for investor 2-years contract is $ 500.
Benefit Mine may refuse, in its discretion, to open a Benefit Mine Account for you. You agree to provide complete and accurate information when opening an Benefit Mine Account, and agree to timely update any information you provide to Benefit Mine to maintain the integrity and accuracy of the information. Each User (including natural person, business or legal entity) may maintain only one main account at any given time. However, Users can open one or more subaccounts under the main account with the consent of Benefit Mine.
For certain Benefit Mine Services, you may be required to set up a specific account independent from your Benefit Mine Account, based on the provisions of these Terms or the Supplementary Terms. The registration, use, protection and management of such trading accounts are equally governed by the provisions of this Section and Section VI, unless otherwise stated in these Terms or the Supplementary Terms.
Registered members are not allowed to change their details. To change their details, you must submit a request that will cost $ 100.
By registering to use a Benefit Mine Account, you represent and warrant that (i) as an individual, you are at least 18 or are of legal age to form a binding contract under applicable laws; (ii) as an individual, legal person, or other organization, you have full legal capacity and sufficient authorizations to enter into these Terms; (iii) you have not been previously suspended or removed from using Benefit Mine Services; (iv) your use of Benefit Mine Services will not violate any and all laws and regulations applicable to you, including but not limited to regulations on anti-money laundering, anti-corruption, and counter-terrorist financing; (V) Each person can register only one account with their passport number or ID number.
Please note that some products and services may not be available in certain jurisdictions or regions or to certain users. Benefit Mine reserves the right to change, modify or impose additional restrictions at its discretion at any time.
User Identity Verification
AFTER REGISTRATION, YOU MUST ENSURE THAT THE INFORMATION IS TRUE, COMPLETE, AND TIMELY UPDATED WHEN CHANGED. IF THERE ARE ANY GROUNDS FOR BELIEVING THAT ANY OF THE INFORMATION YOU PROVIDED IS INCORRECT, FALSE, OUTDATED OR INCOMPLETE, BENEFIT MINE RESERVES THE RIGHT TO SEND YOU A NOTICE TO DEMAND CORRECTION, DIRECTLY DELETE THE RELEVANT INFORMATION, AND, AS THE CASE MAY BE, TERMINATE ALL OR PART OF BENEFIT MINE SERVICES WE PROVIDE FOR YOU. IF WE ARE UNABLE TO REACH YOU WITH THE CONTACT INFORMATION YOU PROVIDED, YOU SHALL BE FULLY LIABLE FOR ANY LOSS OR EXPENSE CAUSED TO BENEFIT MINE DURING YOUR USE OF BENEFIT MINE SERVICES. YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE THE OBLIGATION TO UPDATE ALL THE INFORMATION IF THERE IS ANY CHANGE.BY REGISTERING AN ACCOUNT, YOU HEREBY AUTHORIZE BENEFIT MINE TO CONDUCT INVESTIGATIONS THAT BENEFIT MINE CONSIDERS NECESSARY, EITHER DIRECTLY OR THROUGH A THIRD PARTY, TO VERIFY YOUR IDENTITY OR PROTECT YOU, OTHER USERS AND/OR BENEFIT MINE FROM FRAUD OR OTHER FINANCIAL CRIMES, AND TO TAKE NECESSARY ACTIONS BASED ON THE RESULTS OF SUCH INVESTIGATIONS. YOU ALSO ACKNOWLEDGE AND AGREE THAT YOUR PERSONAL INFORMATION MAY BE DISCLOSED TO CREDIT BUREAUS AND AGENCIES FOR FRAUD PREVENTION OR FINANCIAL CRIME PREVENTION, WHICH MAY RESPOND TO OUR INVESTIGATIONS IN FULL.
Account Usage Requirements
The Benefit Mine Account can only be used by the account registrant. Benefit Mine reserves the right to suspend, freeze or cancel the use of Benefit Mine Accounts by persons other than account registrant. If you suspect or become aware of any unauthorized use of your username and password, you should notify Benefit Mine immediately. Benefit Mine assumes no liability for any loss or damage arising from the use of Benefit Mine Account by you or any third party with or without your authorization.
Benefit Mine has been committed to maintaining the security of User entrusted funds and has implemented industry standard protection for Benefit Mine Services. However, the actions of individual Users may pose risks. You shall agree to treat your access credentials (such as username and password) as confidential information, and not to disclose such information to any third party. You also agree to be solely responsible for taking the necessary security measures to protect your Benefit Mine Account and personal information.
You should be solely responsible for keeping safe of your Benefit Mine Account and password and be responsible for all the transactions under your Benefit Mine Account. Benefit Mine assumes no liability for any loss or consequences caused by authorized or unauthorized use of your account credentials, including but not limited to information disclosure, information release, consent or submission of various rules and agreements by clicking on the website, online agreement renewal, etc.
By creating a Benefit Mine Account, you hereby agree that:
Description for Investors
The following terms will be applied on investor accounts.
Note: the contract fee is separate from the investment amounts and must be paid separately.
Description of Broker account
Note: brokers dashboard displays a total income and a total two-year income
Broker account parameters
Provided that you constantly comply with the express terms and conditions stated in these Terms, Benefit Mine grants you a revocable, limited, royalty-free, non-exclusive, non-transferable, and non-sublicensable license to access and use Benefit Mine Services through your computer or Internet compatible devices for your personal/internal purposes. You are prohibited to use Benefit Mine Services for resale or commercial purposes, including transactions on behalf of other persons or entities. All the above actions are expressly prohibited and constitute a material violation of these Terms. The content layout, format, function and access rights regarding Benefit Mine Services should be stipulated in the discretion of Benefit Mine. Benefit Mine reserves all rights not expressly granted in these Terms. Therefore, you are hereby prohibited from using Benefit Mine Services in any way not expressly authorized by these Terms.
These Terms only grant a limited license to access and use Benefit Mine Services. Therefore, you hereby agree that when you use Benefit Mine Services, Benefit Mine does not transfer Benefit Mine Services or the ownership or intellectual property rights of any Benefit Mine intellectual property to you or anyone else. All the text, graphics, user interfaces, visual interface, photos, sounds, process flow diagrams, computer code (including html code), programs, software, products, information and documents, as well as the design, structure, selection, coordination, expression, look and feel, and layout of any content included in the services or provided through Benefit Mine Services, are exclusively owned, controlled and/or licensed by Benefit Mine Operators or its members, parent companies, licensors or affiliates.
Benefit Mine owns any feedback, suggestions, ideas, or other information or materials (hereinafter collectively referred to as “Feedback”) about Benefit Mine or Benefit Mine Services that you provide through messages, Benefit Mine Services, or other ways. You hereby transfer all rights, ownership and interests of the Feedback and all related intellectual property rights to Benefit Mine. You have no right and hereby waive any request for acknowledgment or compensation based on any Feedback, or any modifications based on any Feedback.
When you use Benefit Mine Services, you agree and undertake to comply with the following provisions:
During the use of Benefit Mine Services, all activities you carry out should comply with the requirements of applicable laws and regulations, these Terms, and various guidelines of Benefit Mine.
Your use of Benefit Mine Services should not violate public interests, public morals, or the legitimate interests of others, including any actions that would interfere with, disrupt, negatively affect, or prohibit other Users from using Benefit Mine Services.
You agree not to use the services for market manipulation (such as pump and dump schemes, wash trading, self-trading, front running, quote stuffing, and spoofing or layering, regardless of whether prohibited by law).
Without prior written consent from Benefit Mine, you may not modify, replicate, duplicate, copy, download, store, further transmit, disseminate, transfer, disassemble, broadcast, publish, remove or alter any copyright statement or label, or license, sub-license, sell, mirror, design, rent, lease, private label, grant security interests in the properties or any part of the properties, or create their derivative works or otherwise take advantage of any part of the properties.
You may not (i) use any deep linking, web crawlers, bots, spiders or other automatic devices, programs, scripts, algorithms or methods, or any similar or equivalent manual processes to access, obtain, copy or monitor any part of the properties, or replicate or bypass the navigational structure or presentation of Benefit Mine Services in any way, in order to obtain or attempt to obtain any materials, documents or information in any manner not purposely provided through Benefit Mine Services; (ii) attempt to access any part or function of the properties without authorization, or connect to Benefit Mine Services or any Benefit Mine servers or any other systems or networks of any Benefit Mine Services provided through the services by hacking, password mining or any other unlawful or prohibited means; (iii) probe, scan or test the vulnerabilities of Benefit Mine Services or any network connected to the properties, or violate any security or authentication measures on Benefit Mine Services or any network connected to Benefit Mine Services; (iv) reverse look-up, track or seek to track any information of any other Users or visitors of Benefit Mine Services; (v) take any actions that imposes an unreasonable or disproportionately large load on the infrastructure of systems or networks of Benefit Mine Services or Benefit Mine, or the infrastructure of any systems or networks connected to Benefit Mine services; (vi) use any devices, software or routine programs to interfere with the normal operation of Benefit Mine Services or any transactions on Benefit Mine Services, or any other person’s use of Benefit Mine Services; (vii) forge headers, impersonate, or otherwise manipulate identification, to disguise your identity or the origin of any messages or transmissions you send to Benefit Mine, or (viii) use Benefit Mine Services in an illegal way.
By accessing Benefit Mine Services, you agree that Benefit Mine has the right to investigate any violation of these Terms, unilaterally determine whether you have violated these Terms, and take actions under relevant regulations without your consent or prior notice. Examples of such actions include, but are not limited to:
You agree to indemnify and hold harmless Benefit Mine Operators, their affiliates, contractors, licensors, and their respective directors, officers, employees and agents from and against any claims, actions, proceedings, investigations, demands, suits, costs, expenses and damages (including attorneys’ fees, fines or penalties imposed by any regulatory authority) arising out of or related to (i) your use of, or conduct in connection with, Benefit Mine Services, (ii) your breach or our enforcement of these Terms, or (iii) your violation of any applicable law, regulation, or rights of any third party during your use of Benefit Mine Services. If you are obligated to indemnify Benefit Mine Operators, their affiliates, contractors, licensors, and their respective directors, officers, employees or agents pursuant to these Terms, Benefit Mine will have the right, in its sole discretion, to control any action or proceeding and to determine whether Benefit Mine wishes to settle, and if so, on what terms.
Please be aware that all official announcements, news, promotions, competitions, and airdrops will be listed on Benefit Mine. Users undertake to refer to these materials regularly and promptly. Benefit Mine will not be held liable or responsible in any manner of compensation should users incur personal losses arising from ignorance or negligence of the announcements.
Suspension of Benefit Mine Accounts
The Benefit Mine Account is subject to a governmental proceeding, criminal investigation or other pending litigation.
Cancellation of Benefit Mine Accounts
In case of any of the following events, Benefit Mine shall have the right to directly terminate these Terms by cancelling your Benefit Mine Account, and shall enjoy the right but not the obligation to permanently freeze (cancel) the authorizations of your Benefit Mine Account on Benefit Mine and withdraw the corresponding Benefit Mine Account thereof:
Should your Benefit Mine Account be terminated, the account and transactional information that meet data retention standards will be securely stored for 5 years. In addition, if a transaction is unfinished during the account termination process, Benefit Mine shall have the right to notify your counterparty of the situation at that time. You acknowledge that a user-initiated account exit (right to erasure under GDPR or other equivalent regulations) will also be subjected to the termination protocol stated above.
If Benefit Mine is informed that any Digital Assets or funds held in your Benefit Mine Account are stolen or otherwise are not lawfully possessed by you, Benefit Mine may, but has no obligation to, place an administrative hold on the affected funds and your Benefit Mine Account. If Benefit Mine does lay down an administrative hold on some or all of your funds or Benefit Mine Account, Benefit Mine may continue such hold until such time as the dispute has been resolved and evidence of the resolution acceptable to Benefit Mine has been provided to Benefit Mine in a form acceptable to Benefit Mine. Benefit Mine will not involve itself in any such dispute or the resolution of the dispute. You agree that Benefit Mine will have no liability or responsibility for any such hold, or for your inability to withdraw Digital Assets or funds or execute trades during the period of any such hold.
Remaining Funds After Benefit Mine Account Termination
Once a Benefit Mine Account is closed/withdrawn, all remaining account balance (which includes charges and liabilities owed to Benefit Mine) will be payable immediately to Benefit Mine. Upon payment of all outstanding charges to Benefit Mine (if any), Users will have 30 business days to withdraw all Digital Assets or funds from the account.
Benefit Mine maintains full custody of the Digital Assets, funds and User data/information which may be turned over to governmental authorities in the event of Benefit Mine Accounts’ suspension/closure arising from fraud investigations, investigations of violation of law or violation of these Terms.
Benefit Mine is not your broker, intermediary, agent, or advisor and has no fiduciary relationship or obligation to you in connection with any trades or other decisions or activities effected by you using Benefit Mine Services.
No communication or information provided to you by Benefit Mine is intended as, or shall be considered or construed as, investment advice, financial advice, trading advice, or any other sort of advice.
Unless otherwise specified in these Terms, all trades are executed automatically, based on the parameters of your order instructions and in accordance with posted trade execution procedures, and you are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you according to your personal investment objectives, financial circumstances and risk tolerance, and you shall be solely responsible for any loss or liability therefrom. You should consult legal or tax professionals regarding your specific situation.
Benefit Mine does not recommend that any Digital Asset should be bought, earned, sold, or held by you. Before making the decision to buy, sell or hold any Digital Asset, you should conduct your own due diligence and consult your financial advisors prior to making any investment decision. Benefit Mine will not be held responsible for the decisions you make to buy, sell, or hold Digital Asset based on the information provided by Benefit Mine.
It is Users’ responsibility to abide by local laws in relation to the legal usage of Benefit Mine Services in their local jurisdiction as well as other laws and regulations applicable to Users. Users must also factor, to the extent of their local laws all aspects of taxation, the withholding, collection, reporting and remittance to their appropriate tax authorities.
ALL USERS OF BENEFIT MINE SERVICES ACKNOWLEDGE AND DECLARE THAT THEIR FUNDS COME FROM LEGITIMATE SOURCES AND DO NOT ORIGINATE FROM ILLEGAL ACTIVITIES; USERS AGREE THAT BENEFIT MINE WILL REQUIRE THEM TO PROVIDE OR OTHERWISE COLLECT THE NECESSARY INFORMATION AND MATERIALS AS PER RELEVANT LAWS OR GOVERNMENT ORDERS TO VERIFY THE LEGALITY OF THE SOURCES AND USE OF THEIR FUNDS.
Benefit Mine maintains a stance of cooperation with law enforcement authorities globally and will not hesitate to seize, freeze, terminate Users’ accounts and funds which are flagged out or investigated by legal mandate.
PLEASE READ THIS SECTION CAREFULLY, AS IT INVOLVES A WAIVER OF CERTAIN RIGHTS TO BRING LEGAL PROCEEDINGS, INCLUDING AS A CLASS ACTION.
Notice of Claim and Dispute Resolution
Benefit Mine wants to address your concerns without resorting to formal legal proceedings. If you have a dispute with Benefit Mine, then you should contact Benefit Mine and a ticket number will be assigned. Benefit Mine will attempt to resolve your dispute internally as soon as possible. The parties agree to negotiate in good faith to resolve the dispute (which discussions shall remain confidential and be subject to applicable rules protecting settlement discussions from use as evidence in any legal proceeding).
In the event the dispute cannot be resolved satisfactorily, and you wish to assert a legal claim against Benefit Mine, then you agree to set forth the basis of such claim in writing in a “Notice of Claim,” as a form of prior notice to Benefit Mine. The Notice of Claim must (1) describe the nature and basis of the claim or dispute, (2) set forth the specific relief sought, (3) provide the original ticket number, and (4) include your Benefit Mine account. The Notice of Claim should be submitted to an email address or hyperlink provided in your correspondence with Benefit Mine. After you have provided the Notice of Claim to Benefit Mine, the dispute referenced in the Notice of Claim may be submitted by either Benefit Mine or you to arbitration in accordance with paragraph 2 of this Section, below. For the avoidance of doubt, the submission of a dispute to Benefit Mine for resolution internally and the delivery of a Notice of Claim to Benefit Mine are prerequisites to commencement of an arbitration proceeding (or any other legal proceeding). During the arbitration, the amount of any settlement offer made by you or Benefit Mine shall not be disclosed to the arbitrator.
You and Benefit Mine Operators agree that, any dispute, claim, or controversy between you and Benefit Mine (and/or Benefit Mine Operators) arising in connection with or relating in any way to these Terms or to your relationship with Benefit Mine (and/or Benefit Mine Operators) as a user of Benefit Mine Services (whether based in contract, tort, statute, fraud, misrepresentation, or any other legal theory, and whether the claims arise during or after the termination of these Terms) will be determined by mandatory final and binding individual (not class) arbitration.
If any portion of these Terms is adjudged to be invalid or unenforceable for any reason or to any extent, the remainder of these Terms will remain valid and enforceable, and the invalid or unenforceable portion will be given effect to the greatest extent permitted by law.
Notwithstanding any provisions or language in this agreement to the contrary, Benefit Mine may terminate this agreement at any time, with or without notice.
Whereas, with prior notice, investors can cancel this agreement after 6-months and get their original capital back with a 20% commission deduction and the profits taken are also reduced.
In case of cancellation before the end of the contract; first, 20% of the principal invested amount will be deducted. As well as the received interest along with the admin fee will also be deducted from the original capital of the person. (Note: The admin fee is $ 100 for contracts cancelation.)
For example, a person invests $ 10,000 and earns a profit of $ 4,000 but cancels the agreement with Benefit Mine before the end of the agreement tenure. Here, the investor will pay first of all 20% of his principal amount which is $ 2000. Then, $ 4000 profit will also be deducted from remaining amount. In the last, $100 will be deducted as admin fee.
These calculations are for example.
If you have any concerns regarding the Terms and conditions, don’t hesitate to reach out to us.