1. General provisions

2. Provisions related to advertising

3. Traffic requirements

4. Payments

5. Referral program

6. Final provisions

User agreement

1. General provisions

1.1This agreement regulates the legal relationship between the User of Bitmedia website (hereinafter referred to as the User) and the Administration of Bitmedia LTD, a company under the laws of the United Kingdom, whose registered address is The Stable Yard, Vicarage Road, Stony Stratford, Milton Keynes, Buckinghamshire, England, MK11 1BN, Company number: 9883695, (hereinafter referred to as the Administration), arising in the process of using the services of this website. The agreement prescribes the basic rights and obligations of the parties, and responsibilities that arise in the case of a default on obligations.

1.2The User is a person who has reached full age, registered on this site (opened an account), read and agreed with the privacy policy.

1.3The owner of the account is the one who has the information about the password and email address of the account. You are responsible for maintaining the confidentiality of the password and account and are fully responsible for all activities that occur under your password or account. You agree to:

  • immediately notify Bitmedia of any unauthorized use of your password or account or any other breach of security, and
  • ensure that you exit from your account at the end of each session. Bitmedia cannot and will not be liable for any loss or damage arising from your failure to comply with this paragraph.

1.4By using this website, the User is entitled to place ads (advertisement) on Publishers’ websites for a fee, in order to promote his product (service), thus, receiving the status of an advertiser.

3. Traffic requirements

3.1The Administration checks the traffic, which the User uses several times, including the application of internal and external anti-fraud systems for its compliance with the standards of the website.

3.2In case when the traffic is inconvertible, the funds paid by the User will not be returned, since the Administration does not guarantee that the User shall gain a profit. The primary purpose of the website is to enable the User to advertise.

3.3If the system of automatic or manual traffic analysis reveals the evidence of fraud that led to the loss of User’s funds, the funds can be docked from the Publisher’s account and returned to the User’s account.

3.4Bitmedia guarantees correspondence of the display of advertisements to the chosen options of targeting, defined by the user for his advertising campaign.

4. Payments

4.1All transactions conducted via this website are calculated in Bitcoins.

4.2Before the beginning of advertising, the User has to top up his main account for a certain amount of Bitcoins. For verification, Bitcoin-transaction has to pass at least three network confirmations. Afterwards, the funds will be available for financing advertising campaigns.

4.3The User undertakes to follow all necessary steps to ensure that only he has the access to his account, in order to prevent identity and money theft.

4.4After the User has paid for advertising, the money is not refundable.

4.5As long as the funds are sent to the user account balance, they may not be withdrawn.

4.6All funded accounts that have been inactive for up to 6 months will lose access to their funds. If the account remains inactive it will be permanently deactivated and the funds will be written off.

4.7The minimal bid starts from 0.0000205 BTC (CPC campaign) and 0.000025 BTC (CPM campaign).

5. Referral program

5.1This paragraph is aimed to define the process of providing the User with the rights of enjoyment and gaining profit from participation in the referral program.

5.2For the purposes of this section the following is explained:

  • Referrer – is the User participating in the referral program and receiving remuneration for engagement of every new User;
  • Referral – a new User, engaged by a Referrer;

5.3Every user is entitled to participate in the referral program.

5.4Each user is provided with a special link indicating its unique ID. All new (unregistered in the system before following the link) Users who used the offered link and went to the website, will automatically be marked with a (referral) cookie-record, which will remain active for 30 days.

5.5New registered users of website are checked whether they have the referral cookie-record. If the new Users were invited by the referral (one of the valid users of Bitmedia), they automatically becomes an indefinite referrer of this User.

5.6The users will always be provided with an access to his referral statistics, which includes: the number of clicks on one’s referral link, the number of registrations and revenue. The user has the access to the statistics on the page of the referral program inside his account.

5.7The remuneration to the referrals shall be paid either from the earnings of the publishers or from the money, the advertisers deposit on the campaign, depending on who the Users refer: the publishers or advertisers.

5.8The user (referrer) receives the remuneration in accordance with the number of new invited users (referrals) and the up-to-date conditions of the referral program.

5.9The increase of the share of the remuneration in publisher referral program will take effect the next week after the increase of referrals’ earnings.

5.10The Administration reserves the right to change conditions of the terms of use, access, gaining profit from referral program unilaterally without informing the user. The user can read the current conditions of the referral program on the webpage: bitmedia.io/referral. Bitmedia always adds and counts the amount of remuneration from referral program in accordance with the conditions regarding these matters.

5.11In order to gain referrals, referrers should make sure that the Bitmedia website was accessed by the referral through the link, assigned to referral in course of registration. If the link wasn’t used, the referral will be considered as a regular user.

6. Final provisions

6.1The Administration is not responsible for any damage or losses caused to the User related to hacking of his account and a theft of funds from his account.

6.2The Administration is not responsible to users, publisher or any third party for claims regarding the violation of intellectual property rights and the compensation of damages.

6.3The Administration is deemed to have fulfilled its obligations after the User has had the opportunity to advertise on the website.

6.4In case of technical or any other problems related to the use of this website, the User should contact the Administration immediately and explain the problem clearly. The Administration is committed to reply and make every effort in order to solve the problem, within 5 days of the receipt of User’s notice.

6.5All disputes arising between parties shall be settled through negotiations.

6.6The Administration reserves the right to change conditions of the terms of use at any time.