Terms And Conditions
Currently, the only accepted form of payment is a bank transfer for a NZ bank for buying Bitcoins. For our memberships, we accept debit or credit card payments.
Before we supply you with payment details you must verify your identity with us, or have done so previously.
For Bitcoin purchases, we only accept payments from bank accounts is your name. Payments from third party accounts are not accepted under any circumstances. If unauthorised payments are received, the respective bank will be informed and the payment will be returned and you will be responsible for the foreign bank fees.
If you want to pay from a business bank account you will need to verify that you are a signatory on that account, in additional to our standard identity verification process. We would need ID & POA of at least one director and FICA for all shareholders with a 25% or more shareholding.
You must not buy Bitcoins and/or any other cryptocurrencies on behalf of any third parties, even if the payment is made from a bank account in your name.
This includes payments you have received in lieu of sending Bitcoins and/or any other cryptocurrencies. There are multiple scams where you may be given funds in advance to purchase Bitcoins and/or any other cryptocurrencies. These funds are usually stolen and will later be reversed when the bank becomes aware of the fraudulent payment.
Bitcoins and/or any other cryptocurrencies can only be purchased for investment and trading purposes. They cannot not be purchased for any illegal purposes including but not limited to:
- The purchase of illegal
- Payment of illegal services
- Tax evasion
- Funding terrorism or parties related either directly or indirectly to terrorism or terrorism related activities
Bitcoins and/or any other cryptocurrencies cannot be purchased from the proceeds of any criminal activities.
Once we have shared with you the login details of your new digital wallet and Gmail account, the login credentials and subsequent management of these accounts are your full responsibility. Electrum Capital cannot and will not be held liable or responsible for the loss of funds, data or any other information due to unauthorised access to these accounts due to hacking, negligent storing of login details, sharing logins with third parties and/or including any other action or activity that results in the freezing, access restriction or blocking of your accounts.
Wallet addresses supplied to us to receive the purchased Bitcoin and other cryptocurrencies must be:
- Copy and pasted into the email, not entered manually; to reduce human error
- Checked again once pasted to confirm that the address is correct
- Electrum Capital will not accept any liability if you supply an incorrect wallet address that results in a loss of Bitcoin and other cryptocurrencies
Buying and selling Bitcoin and other cryptocurrencies represents a speculative investment and involves a high degree of risk. Buyers must have the financial ability, sophistication/experience and willingness to bear the risks of an investment. Information provided about Bitcoin and other cryptocurrencies is not intended to be, nor should it be construed or used as investment, tax or legal advice.
Membership, Email Newsletters, Subscriptions & Private Facebook Page
All the content and information within the guides, PDFs, videos and other forms of communications, including our email newsletters as well as all the content in the Electrum Capital Private Facebook Group are for educational and informative purposes only. They are not to be taken as investment advice. By reading these terms and conditions, you accept this and acknowledge the risks of crypto trading and agree that all investment decisions are made by you and you alone.
Electrum Capital will not accept any liability if you fail to comply with these terms and conditions. By communicating, engaging with and/or undertaking the services of Electrum Capital and/or those representing Electrum Capital, it is assumed that you have read and agreed to these Terms & Conditions.
If you fail to comply with these terms and conditions and Electrum Capital suffers a financial loss or legal proceedings due to your failure to comply with the terms and conditions; you accept full liability.
We reserve the right to take collections action and/or civil proceedings to recoup any losses incurred by Electrum Capital as result of your actions, in a New Zealand court.