Our Terms & Conditions

RISK NOTICE

TIDENTIFICATION OF THE SERVICE PROVIDER: BLOCKCHAIN
Holder: OCEANCAPITALS.
Tax Identification Number: 2020-00094
Registered Office:Jakobsgatan 10 775 22, Stockholm, Sweden.
E-mail:Support@oceancapitals.net
Actions with Cryptocurrencies, which are complex products, are not simple, they are difficult to understand, and their complexity makes their acquisition, in general, not considered suitable for non-professional users.
Cryptocurrency markets and their derivatives are considered high risk due to their high volatility and therefore products traded on such markets are not advisable for any user, who should carefully consider whether his contributions are appropriate and in line with his personal circumstances and financial resources. The risk of loss inherent in operating in cryptocurrency markets and their actions can be considerable, therefore users of the platform must understand the risk arising from the inherent volatility that exists and must take responsibility for such associated risk and its results.
In no case should this information be treated as a subscription recommendation, nor as financial advice, therefore it will be up to the user to make his own decisions based on his knowledge and experience.
The results and statistics of the OCEANCAPITALS platform that are shown should be considered as theoretical, in other words, as a simulation of the results that would have been produced in the past, when applying these systems in the market, including data related to the results of operations in the real market, when these are available.
The responsible for this website and its applications is not responsible for any losses or gains that may arise from the use of the information or software that any user or recipient of this information may make on their own operations or account. The sole and exclusive purpose of this website and its applications is to inform about the correct use of its products, without this constituting in any way an offer or solicitation to buy or sell any share, investment fund, pension plan, future, option, or any other derivative instrument, which we do not sell in any case.
Under no circumstances does The Company provide investment services, nor does it offer investment advice on any type of financial product. The past performance that The Company may publish or report by any means does not guarantee that such performance will be maintained in the future, which therefore could be higher or lower. The risk inherent in trading or operating in the cryptocurrency market can be substantial and the potential user of the platform must consider the risks inherent in such trading and must assume responsibility for such risk. In addition, the potential user of the platform should consider whether their contribution is appropriate to their financial circumstances.




1. SUBJECT MATTER OF THE AGREEMENT:
1.1. Determination of the subject matter of the contract:
1.1.1. This document establishes the Terms and Conditions regulating the provision by the Company to Users of the services offered through the website located at the URL https://www.oceancapitals.net, as well as the subdomains of said website, or its applications.
1.1.2. These Terms and Conditions describe the various services provided by The Company, the manner in which they are provided and the rights and responsibilities of the parties, with the purpose of providing Users with transparent information on the details of the services purchased by them and to enable them to give prior and duly informed contractual consent.
1.1.3. The ticking of the corresponding box in the contracting process, as well as the fact of following all the established telematic steps, either through the website or its applications, implies the express acceptance of these Terms and Conditions by the User, having the same validity as their handwritten signature in person.
1.1.4. By ticking the corresponding box in the contracting process, the User acknowledges that he/she is over 18 years of age and has sufficient capacity to acquire the obligations arising from his/her actions through the website and its applications, that he/she has previously read its content and that he/she understands it.
1.1.5. To keep the contractual framework as up to date as possible, The Company may carry out modifications to these Terms and Conditions, of which the User will be informed in advance for acceptance or rejection in the event that they are substantial and affect his rights. If accepted by the User, the new Terms and Conditions will fully replace the conditions in force up to that time. In the event that the new Terms and Conditions are not accepted because the modification is substantial and affects the User’s rights, the contractual relationship will be terminated, from that moment, without prejudice to the fulfilment of outstanding or pending obligations, especially those of economic nature, proceeding the Company to make a direct liquidation in accordance with the calculation established in clause 4.5.4. of these Terms and Conditions.
1.1.6. Changes, amendments, modifications, alterations, additions or deletions of terms shall be made primarily, but not limited to, for the following purposes:
1.1.6.1. Correct any errors or mistakes in the documents.
1.1.6.2. Give more examples in open listings.
1.1.6.3. Clarify aspects that have not been clearly understood by users.
1.1.6.4. Provide more information on how the system works.
1.1.6.5. Adapt to new products or services that the Company operates, offers, or launches.
1.1.6.6. Adapt to new regulations or laws that may apply to the activity of staking.
1.1.6.7. Adapt and comply with any supervisory body or third-party body to which it may become subject in the future.
1.2. Glossary of terms:
The following terms used in this agreement shall have the following meanings:
1.2.1. “The Company”: OCEANCAPITALS, service provider.
1.2.2. “Website”: URL https://www.oceancapitals.net, as well as any subdomains of such website, its applications, and any applications, software, email, or other web pages that the Company uses to provide the Services (this includes the Service itself).
1.2.3. “Service”: is the Company’s POS Software service, which allows individuals to remotely rent computer processing by participating in a collective Staking Pool, using the website.
1.2.4. “Subscription”: Acquisition of investment plans from The Company.
1.2.5. “Software license”: allows the User to access the Company’s website and services.
1.2.6. “User”: the person who registers on the platform, uses the platform, and buys the products offered by The Company.
1.2.7. “User account”: the personal access to the service within the Company’s system.
1.2.8. “Platform”: it is a graphical user interface to use the services.
1.2.9. “Cryptocurrency”: intangible digital asset based on cryptographic technology that enables the decentralised peer-to-peer (P2P) transfer of value. Its price is set by market supply and demand.
1.2.10. “Staking”: it is the process of acquiring cryptocurrencies and holding them locked in a wallet for the purpose of earning returns.
1.2.11. “Pool”: group of users cooperating for the purpose of mining/verifying blocks of a blockchain. The purpose of this grouping is to facilitate mining and to obtain equitable benefits for all within the group.
1.2.12. “Blockchain”: it is a unique record, consensual and distributed among several nodes of a network, in which every transaction that takes place in the network is recorded.
1.2.13. “Wallet”: it allows cryptocurrencies to be stored and transfers to be made without the need for third parties.
1.2.14. “Cold Wallet”: cryptocurrency wallets that store private keys without an internet connection. They allow transactions to be signed without ever exposing the private keys, which is why they are considered the most secure wallets.
1.2.15. “Hot Wallet”: cryptocurrency wallets that store private keys with a permanent internet connection. Such as web services, desktop, and mobile applications.
1.2.16. “Private key”: mathematically related to an address that can be used publicly to receive funds. This key is what makes it possible to transfer funds from a wallet.
1.2.17. “Public key”: it is used to receive transactions and view their traceability through the Blockchain. As an example, it is the equivalent of a bank account in the world of cryptocurrencies.




Cookies Policy

Our Cookies Policy was posted on 12 Sep 2021 and last updated on 12 Sep 2021.

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