Please read these terms carefully before using our banking services
Batecoin LTD(hereinafter referred to as "BateVest" or "we") operates the Platform (defined below) and provides the Services (defined below). These Terms of Use (the "Terms") constitute a legally binding agreement between BateVest and you (hereinafter referred to as "you" or "user") and governs your access to the Platform and use of Services.
Any additional terms and documents (including but not limited to Fee Schedules, Risk Disclosure, and Privacy Policy and any applicable Product Terms), conditions, limitations, disclaimers and obligations contained within and on the Platform are incorporated into these Terms by reference. You should read these Terms carefully. By accessing the Platform and/or using the Services, it is deemed that you have read and irrevocably agreed to these Terms, as may be modified and/or supplemented by BateVest from time to time without prior notice.
Trading of Digital Assets (as defined below) involves significant risk and may not be suitable for all investors. The value of Digital Assets may fluctuate significantly on any given day and may be affected by external factors such as financial or political events. The volatile and unpredictable fluctuations in price may result in significant losses, including possible total loss of your investment over a short period of time. It is your responsibility to consider whether buying, selling or holding Digital Assets is suitable for you in light of your financial circumstances.
Digital Assets activities conducted in certain jurisdictions may be unregulated or subject to limited regulations. Any regulatory changes or actions by any applicable authorities that are not connected to BateVest may adversely affect the use, transfer, exchange and value of a Digital Asset. The domestic government of a user may make it illegal for the user to trade Digital Assets.
You should read our Risk Disclosure carefully for further information on the risks associated with accessing the Platform and/or using the Services. It does not, however, explain all of the risks that may arise, or how such risks relate to your own circumstances. You should fully understand the risks involved before accessing the Platform and/or using the Services. BateVest has no fiduciary relationship or obligation to you in connection with any Transactions (as defined below) or other activities you undertake when using the Services. We are not your broker, intermediary, agent or advisor and we do not provide financial, investment or consulting advice of any kind and no communication or information that we provide to you is intended as, or should be construed as, advice of any kind.
In these Terms, unless context otherwise requires, the following words and expressions shall have the following meanings respectively ascribed to them
You must register with the Platform before you may use the Services. You are eligible to register for an Account and use the Services if you:
You are able to use the Services in accordance with these Terms and the applicable Product Terms that govern your use of Service once you have opened an Account with BateVest. You acknowledge and agree that some of the Services may be provided by BateVest's Affiliates.
The Platform provides the following Services (the scope of which may be updated from time to time) to you: (i) relevant information disclosed by digital assets projects, including its real-time quotation and trading information; (ii) digital asset trading services; (iii) customer services; (iv) technical and management services ensuring the normal operation of the Platform; and (v) other services publicly announced by the Platform.
Fiat Services: (i) For the avoidance of doubt, BateVest does not conduct or provide any currency exchange services from one Fiat Currency to another Fiat Currency. (ii) BateVest does not provide any fiat services, such as fiat-to-crypto and/or crypto-to-fiat, notwithstanding that you may utilize the same on BateVest. All fiat services made available (whether on BateVest or through a redirection to a third-party website) are provided by third-party providers ("fiat service providers"). (iii) In the event you wish to utilize fiat services, you must agree to any terms and conditions, rules, or policies provided by our fiat service providers and provide any information that may be required for the purposes of utilizing such services. In this regard, all fiat services shall be subject to the terms and conditions of our fiat service providers.You agree to pay all applicable fees in connection with your use of the Services as set out in the Fee Schedule, or otherwise communicated to you in any applicable Product Terms.
Any calculations of fees made by us in connection with the Services are final and binding on you. Calculations will be made in accordance with the stated methodology for the relevant Services at our good faith discretion.
You authorize us to deduct all applicable fees, commissions, interest, charges and other sums that you owe from your Account under these Terms or any Product Terms in accordance with the method of calculation set out in the Fee Schedule. If you owe us an amount in one Digital Asset and do not have sufficient assets in that Digital Asset, we may deduct the sums owed in another Digital Asset to effect payment (in which case we will convert the Digital Asset you hold into the Digital Asset in which the sums owed to us are denominated, at the rate currently offered on the Platform or at such other commercially reasonable rate as we may determine from time to time). In the event that there are insufficient Digital Assets in your Account, you acknowledge that any amount due and payable from you under this clause is a debt immediately due and owing by you to us in such amount and form (whether in the form of a Digital Asset or otherwise) as we may determine, acting in a commercially reasonable manner.
We may adjust our fees or the Fee Schedule from time to time, which includes introducing new fees and/or charges. If you do not wish to accept the changes, you can close your Account. Your continued access to or use of the Services will be deemed acceptance of the updated fees.
It is your responsibility to determine what, if any, taxes apply to the payments you make or receive, and to collect, report, and remit the correct tax to the appropriate tax authority. You agree that BateVest is not responsible for determining whether any taxes apply to your use of the Services, or for collecting, reporting or remitting any taxes arising from any Transaction or use of the Services. You acknowledge that we may report to tax authorities regarding certain Transactions made on the Platform, and we may, at our sole discretion or as required by Applicable Law, provide you with additional documentation or records needed by you to calculate any tax obligations. We may also withhold and deduct at source any taxes due under Applicable Law at our sole discretion.
In order to access the Platform and use the Services, you must register for an Account. This may be an Account for an individual user, or a Corporate Account for a corporation, entity or other organization. All Accounts are provided at our sole and absolute discretion. BateVest reserves the right to refuse any application for an Account without reason.
If you are an individual user, you will use your Account only for yourself, and not on behalf of any third party. If you are a corporate user, the Authorized Person(s) will use the Account only for your benefit, and not on behalf of any third party. You will not offer direct market access to the Platform to any other party, including through the use of a sub-account, unless and until such other party has completed identity verification deemed appropriate by us and has separately onboarded onto the Platform. Any other party so verified shall be considered an Authorized Person. You agree to take full responsibility for all activities in your Account, and bear all the risks and possible losses that may arise hereunder.
You will need to comply with our identity verification procedures before opening an Account with us. We may also require you to provide us with certain information about yourself, and, where relevant, all of the Authorized Persons for you to access and use the Services. For the avoidance of doubt, if you are an individual user, you may not hold more than one Account. You agree that: (i) All information that you provide must be complete, accurate and truthful. You must update this information whenever there are changes. (ii) You authorize us to make inquiries that we consider necessary to verify your identity, and/or that of the Authorized Person(s), or protect you and/or us against fraud, money laundering, terrorist financing or other financial crime, and to take any action we deem necessary based on results of such inquiries. (iii) When we made inquiries, you acknowledge and understand that your personal data, and that of any Authorized Person, may be disclosed to agencies for the purposes of identity verification, compliance data recordation, credit reference, fraud or financial crime prevention and that these agencies may respond to our inquiries in full. (iv) We may also require you to comply with our enhanced due diligence procedures by submitting additional information about yourself, your business or your Authorized Persons, providing additional records or documentation, or having in-person meetings with our representatives. (v) We keep your personal data to enable your continued use of our Services, for as long as it is required in order to fulfill the purposes described in the Privacy Policy, or as may be required by Applicable Law, compliance with anti-money laundering laws, or as otherwise communicated to you. (vi) You can review our Privacy Policy for further information about how we process your personal data.
We may require information from you at any time for the purposes of complying with any Applicable Law, or identity verification requirements, or in connection with the detection of money laundering, terrorist financing, fraud, or any other financial crime, or for any other valid reason. You agree to provide us with any such information we request and allow us to keep a record of the information for the lifetime of your Account as long as it is required to fulfill their intended purposes, or such other period as prescribed by Applicable Law.
Your access to your Account and the Transaction limits that apply to your use of the Services may be altered on an ongoing basis, as a result of information collected about you. If there is a reasonable suspicion that any information provided by you is wrong, untruthful, outdated, or incomplete, we may send you a notice to request corrections, remove relevant information, or do such other things that we consider necessary to ensure that the information provided is true and correct
You must comply with any information request we send to you. If you decline to provide the requested information, or otherwise do not comply in a timely manner, we reserve the right to suspend or terminate your access to your Account, or to all or part of the Services immediately, without notice.
You must ensure that any Account registered under your name will not be used by any person other than yourself or, if you are a corporate user, you are an Authorized Person.
You may access your Account History in your Account. All records shown or provided in connection with the Account or Services are for your information only. Notwithstanding anything to the contrary contained in these Terms, if there is any inconsistency between the information available on or via the Platform, and the information in our records, our records will prevail unless there is a Manifest Error.
You are responsible for checking the Account History for errors. You must report to us if there are any mistaken or unauthorized entries or Transactions within five (5) calendar days of the date that your Account History is provided or made available to you.
We may rectify any error in your Account History at any time, and reserve the right to void, cancel or reverse any Transaction involving or deriving from an error or to make any corresponding adjustments to such Transaction to correct a mistake or if we have reasonable grounds for doing so.
We may be required under these Terms or Applicable Law to share information about your Account and Account History with third parties and/or our Affiliates. You acknowledge and agree that we are entitled to disclose such information.
You are responsible for taking appropriate actions to protect your hardware and data from viruses and malicious software, and any inappropriate materials. Except as provided by Applicable Law, you are responsible for backing up and maintaining duplicate copies of any information you store or transfer through the Services. We are not responsible for any claim or losses resulting from your failure to comply with this clause
You and any Authorized Person shall maintain adequate security and control of all Account Credentials at all times. You and the Authorized Persons are responsible for taking the necessary security measures to protect your Account and to keep the Account Credentials secure. You must keep the Account Credentials secure against any attacks and unauthorized access. You must notify us immediately if you have knowledge or have reason to suspect that the security of your Account or your email associated with your Account, or that of an Authorized Person, has been compromised or if there has been any unauthorized use of your or any Authorized Person's Account or email account.
It is important that you monitor your Account History to ensure any unauthorized or suspicious activity on your Account is identified and notified to us as soon as possible
If you suspect a security breach, you must ensure that we are notified immediately and continue to be provided with accurate and up-to-date information throughout the duration of the security breach. Your Account will be immediately locked via the disable account function on the Platform or via any other method as may be prescribed by us from time to time. You will take any other steps that we may reasonably require to reduce, manage or report any security breach. We reserve the right to request, and you agree to promptly provide, any and all information and documents we deem relevant or necessary in connection with an actual or suspected security breach. You further acknowledge and agree that we may provide such information to any third party that we deem necessary in order to investigate or resolve any security breach.
You may terminate your Account at any time by following the account termination procedures as prescribed by us from time to time. You will be required to pay any outstanding amounts owed to us. You authorize us to cancel or suspend any pending transactions at the time of cancellation, and to deduct any outstanding amounts that you owe us from your Account.
You may not be able to close your Account, in situations where: (i) you are trying to evade an investigation by relevant authorities; (ii) you have a pending Transaction or an outstanding claim; (iii) your Account has any outstanding amounts owed to us; (iv) your Account is subject to a freeze, hold, limitation or reserve; (v) other reasons at our sole discretion.
Your Account may be subject to a limit on (i) the amount or volume of Transactions you may undertake; or (ii) the amount or value of Digital Assets you may transfer into or out of your Account.
We reserve the right to change any Transaction limit that applies to your Account at any time at our sole and absolute discretion. It may also be possible for you to request a change in your limits. Any change will be made at our absolute discretion and will be subject to any further conditions that we deem necessary.
You must ensure that any Instruction submitted is complete and accurate. We are not required to verify the accuracy, authenticity or validity of any Instruction and will not monitor or reject Instructions on the basis that they are, or appear to be, duplicates. However, if we have doubts as to the accuracy, authenticity or validity of an Instruction, we may refuse to act upon or defer acting upon any Instruction, or seek further information from you.
Instructions are irrevocable. You have no right to rescind or withdraw an Instruction without our written consent once it has been submitted by you or the Authorized Person(s). Your Instruction is not deemed to be received by us until it has been received by our server. Our record of all Instructions shall be conclusive and binding on you for all purposes.
By submitting an Instruction, you or the Authorized Person are authorizing us to initiate the Transaction on your Account. We are therefore authorized to credit or debit (or provide settlement information to third parties for the purposes of the third party crediting or debiting) your Digital Assets from your Account in accordance with your Instruction. It is your responsibility to hold sufficient Digital Assets credited in your Account. If you have insufficient Digital Assets in your Account to effect the Transaction (i.e., less than the required amount to settle the Transaction and to pay all the fees associated with the Transaction), then we have the right to refuse to effect any Transaction. BateVest may also refuse to act on instructions to the extent permitted by these Terms
You are aware that Instructions and information transmitted on the Platform or by email are generally transmitted via the internet and may be routed via public, transnational installations that are not specifically protected. We cannot guarantee that the Instructions and information transmitted will be completely protected against unauthorized access, and you accept the associated risks
Subject to these Terms and any applicable Product Terms, and provided that you have sufficient balance on your Account and the relevant Digital Assets are not on hold in your Account in connection with any Service, you may give Instructions to BateVest to transfer Digital Assets to an external wallet address by submitting a withdrawal request on the Platform. Upon receipt of the withdrawal request, We will (i) deduct your Account balance; and (ii) initiate an on-chain transfer to an external wallet designated by you. We may not process a withdrawal request if, in our opinion, we consider that Applicable Law prevents the execution of the relevant withdrawal. We may also suspend withdrawals at such time deemed appropriate by us to resolve any incidents on the Platform. We will resume withdrawals once such incidents have been resolved.
If you have any questions about these Terms of Service, please contact us at:
Email: info@batevest.com
Phone: 1-800-BANKING
Address: 123 Banking Street, Financial District, New York, NY 10001
Last updated: November 20, 2025