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 Terms of Service - BTC Market
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Terms of Service
BTC Market

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Terms of Service

By using our website, you agree to the following terms:

Acceptance of Terms

By accessing or using the services provided by Conduit BTC Market, you agree to be bound by these Terms of Service. If you do not agree to these Terms, do not use our services.

We operate an e-commerce platform for coffee bean sales, exclusively conducting transactions through the Bitcoin Lightning Network. Our services are available only to individuals located in the United States of America.

Transaction Process

All transactions are conducted exclusively through the Bitcoin Lightning Network via Strike's payment infrastructure. No traditional payment methods or alternative cryptocurrencies are accepted. All prices are denominated in Bitcoin (BTC). Shipping is handled through ShipStation and USPS. You must provide a valid shipping address within the United States of America that is serviceable by USPS. We only ship to verified physical addresses.

Barter Transaction

You acknowledge and agree that each purchase constitutes a barter transaction where you exchange Bitcoin (recognized as a commodity) for coffee products. The exchange rate is fixed at the moment of purchase, and all sales are final once the Lightning Network transaction is completed. You understand that Bitcoin's value may fluctuate significantly relative to other commodities and currencies. The price in Bitcoin is binding at the moment of transaction, and we are not responsible for any financial loss due to Bitcoin price fluctuations.

User Privacy and Security

You are responsible for maintaining your own Lightning Network wallet and may use any Lightning-compatible wallet of your choice. We do not provide wallet services or store any Bitcoin on your behalf. The Lightning Network provides inherent transaction settlement and privacy features. You are responsible for implementing any additional privacy measures you deem necessary.

Third-Party Services

We partner with select third-party service providers to deliver our services: Strike for Lightning Network payment processing, and ShipStation and USPS for order fulfillment and shipping. By using our services, you acknowledge and agree that:

Data Handling

To facilitate order processing and delivery, we share necessary information with our service providers: Strike receives payment-related data, while ShipStation and USPS receive shipping details. Each service provider processes this information according to their respective privacy policies and data handling practices. We select providers who maintain appropriate security standards, but we cannot guarantee their practices beyond our direct control.

Returns and Refunds

Returns are processed through issuance of new Lightning Network invoices. Refunds are offered on a case-by-case basis at our discretion. Refunds are issued only through the Lightning Network. The refund amount will be calculated based on the BTC value at the time of the original purchase. Processing time may vary based on Lightning Network conditions.

Legal Usage

You agree not to use our services for any illegal purposes or activities, money laundering or attempts to obscure the origin of funds, purchase of goods on behalf of third parties without authorization, or any activities that violate applicable state or federal laws. We are not liable for losses resulting from Lightning Network technical issues, incorrect wallet addresses or failed transactions due to user error, delays or losses caused by blockchain congestion, or any indirect, consequential, or incidental damages.

Governing Law

These Terms are governed by the laws of the State of California, without regard to its conflict of law principles. We reserve the right to modify these Terms at any time. Continued use of our services after such modifications constitutes acceptance of the updated Terms.

Data Retention Policy

Purpose

This policy establishes guidelines for the retention and management of customer data collected and stored by our company in compliance with the California Consumer Privacy Act (CCPA) and other applicable regulations.

Scope

This policy applies to all customer data collected through our business operations, specifically:

Data Categories and Retention Periods
Shipping Information

Type of Data: Customer shipping details including name, address, contact information, and delivery specifications
Retention Period: Indefinite
Purpose: Record-keeping of completed shipments, order verification, and customer service support
Storage Location: Company's database, third-party shipping provider systems

Payment Information

Type of Data: Lightning invoice data processed through Strike services
Retention Period: Indefinite
Purpose: Transaction verification, accounting records, and financial auditing
Storage Location: Company's database, third-party Lightning payment provider systems

Data Security

All retained data is protected through:

Consumer Rights under CCPA

In accordance with the California Consumer Privacy Act, consumers have the following rights:

Right to Know:

Right to Delete:

Right to Non-Discrimination: Consumers exercising their CCPA rights will not face discrimination in service quality or pricing

Data Access and Deletion Requests

We do not retain any information that is subject to data deletion requests under California law.

Nevertheless, customers can submit requests for data access or deletion through:

Email: support (at) conduitbtc (dot) com

We will respond to verifiable consumer requests within 45 days of receipt.

Policy Review and Updates

This policy will be reviewed regularly and updated as needed to reflect changes in:

Contact Information

For questions about our Terms of Service, Data Retention Policy, or to exercise your rights under CCPA:

Last Updated

November 29th, 2024