1. To use the Services and access the Platform, Users must complete a prior registration (“Registration”) in which the User must provide a valid email address, their tax identification number (CPF number, if an individual, or CNPJ number, if a legal entity), and a password. By providing this information, the User completes the Simplified Registration and becomes the holder of a Basic Unverified Account. The user will also be required to indicate whether they are considered a US Person, for FATCA purposes, or a Politically Exposed Person (PEP).
2. Registration on the Platform is free, however, fees will be charged for the Services, according to the Fee Schedule available through the link [https://brasilbitcoin.com.br/taxas](https://brasilbitcoin.com.br/taxas].
3. Access to and use of the Platform is directed only to (i) natural persons over 18 (eighteen) years of age, residing and domiciled in Brazil, who have full legal capacity to use it and (ii) companies in good standing, legally constituted and existing in accordance with Brazilian law, which have an interest in trading Cryptocurrencies (the "Users"). In the case of an emancipated minor, it is necessary to submit the document proving the emancipation. In the case of Legal Entities, the User's registration must be carried out by their duly authorized legal representative.
4. In the case of registration of a Legal Entity, this must necessarily be carried out by a duly authorized legal representative and must include, in addition to the information mentioned above in item 1, the full name and CPF (Brazilian tax identification number) of the person responsible for the registration, as well as information about their relationship with the registered Legal Entity, whether they are a partner, administrator, or authorized attorney. If they are an attorney, they must send a power of attorney to Brasil Bitcoin support granting powers to operate the platform on behalf of the Legal Entity and to carry out transactions.
5. The User declares that the Personal Information provided at the time of registration is correct, complete and true and undertakes to keep their data always updated; otherwise, the registration may be blocked and the user prevented from using the Platform. The User is always responsible for such information.
6. Brasil Bitcoin does not review the information provided by the User and is not responsible, under any circumstances, for such information. However, Brasil Bitcoin reserves the right to verify, at any time, the accuracy of such information and to request, at its sole discretion, clarifications and supporting documentation that it deems necessary for the proper verification of the information provided and the validation of the registration, and may even refuse to validate any registration without any justification. If the User refuses to provide clarifications or submit additional documents as requested by Brasil Bitcoin, their account will be canceled and these Terms of Use will be automatically terminated.
7. If Brasil Bitcoin detects any registration made using false, incomplete, misleading, erroneous, or deceptive information, or by irregular or non-existent companies, or if it cannot verify the User's identity, that registration will be automatically blocked until the situation is rectified, or deleted if the situation is not rectified. If deleted, the User's access to the Platform and Services will be permanently canceled, and these Terms of Use will be automatically terminated. If the user has a balance, it will be held in a court-controlled account.
8. The User understands and agrees that Brasil Bitcoin and/or other companies in the group may, whenever necessary, enrich data related to the User, their guardian or legal representative, so that the registration database is robust and prepared to adequately meet applicable regulatory requirements, and may, for this purpose, use information available in public and/or private databases and/or other sources and tools available on the market.
9. Upon registration, the User will become the holder of a personal account, which can only be accessed using the login and password created by the User. The User is responsible for their account and any activity associated with it. Therefore, the User is prohibited from sharing their login and password with third parties.
10. Each User is permitted to maintain only one account on the site. If Brasil Bitcoin detects the existence of more than one account in the name of the same User, one or all accounts may be suspended at the sole discretion of Brasil Bitcoin.
11. The User will be solely responsible for the safekeeping and use of their created login and password, and must immediately notify Brasil Bitcoin in case of loss, misplacement, or theft of such login and/or password. Brasil Bitcoin will not be responsible for accesses made by unauthorized third parties. The User will be solely responsible for operating their account, especially for cryptocurrency buying and selling operations on their Platform account. Brasil Bitcoin will not be liable for any direct, indirect, or incidental damage resulting from the misuse or inability to use the Platform by the User or any third parties. All Personal Information voluntarily provided by the User at the time of registration is subject to security measures that prevent unauthorized access, use, and disclosure.
12. It is possible and recommended that the User enable 2-factor authentication, also known as "2FA authentication," which is an extra layer of account security. The User is not required to activate it, but it is highly recommended to do so to ensure the integrity of their account. In general, 2-factor authentication sends a randomly generated token with a short lifespan to the registered device, and access is only permitted by correctly entering this token, similar to the security token used by banks. We offer 2 (two) types of authentication: email or application. To activate 2-factor authentication, the User must access the "security" tab and choose how they wish to receive their token. Once activated, any transaction will require confirmation via token, thus preventing third parties from successfully carrying out transactions, even if the account is compromised, as they will not have access to the token.
13. Brasil Bitcoin reserves the right to refuse any registration request and to suspend or cancel a previously accepted registration in cases of (i) violation of any of the provisions of these Terms of Use; (ii) impossibility of verifying the User's identity or finding or suspecting falsehood in any of the information provided by him/her; (iii) practice by the User of fraudulent or malicious acts or the adoption of any behavior that, at Brasil Bitcoin's discretion, is incompatible with the Platform's objectives, with civility towards other Users or that may, in any way, cause damage to third parties or to the Platform or, also, due to lack of commercial interest. If any User's registration is suspended or canceled for any of the reasons stipulated in these Terms of Use, all of their unexecuted buy or sell orders for Cryptoassets will be automatically canceled, and any available Reais in the Virtual Wallet will be returned to the User's registered bank account or the last account to which the User deposited funds, at Brasil Bitcoin's discretion, except in the case of a Court Order or Compliance measure determining otherwise. Regarding any available Cryptoassets, if there is no blocking situation, whether by Court Order or Compliance, Brasil Bitcoin will prompt the User to provide the destination wallet address.