Terms Of Use

  • November, 2018

    These terms of use contain a binding arbitration clause and class action waiver that impact your rights about how to resolve disputes. Please read it carefully.


    By accessing or using the BitcoinAlley website and the “Services”, you (“User” and collectively with others using the platform “Users”) agree to be bound by these Terms of Use (“Terms”). The Services are owned and controlled by SFDX Inc d/b/a/ BitcoinAlley . (“BitcoinAlley”), and the terms “we,” “us,” and “our” refer to BitcoinAlley. These terms affect your legal rights and obligations, including but not limited to the binding arbitration provisions contained below that may significantly affect your legal rights, including your right to file a lawsuit in court and to have a jury hear your claims. If you do not agree to be bound by these Terms, do not access or use the Services. Basically, ACH/SEPA transactions involve both direct deposits and direct payments and can be used for consumer, government, and B2B transactions.


    The mechanism behind the ACH/SEPA transaction is simple. Foremost, a sender uses the ACH/SEPA network to initiate a direct payment or direct deposit. The ODFI (the bank of the sender) will send out the ACH/SEPA transaction along with other ACH/SEPA transactions of other bank account holders to the ACH/SEPA operator which is usually a clearing house or the Federal Reserve.
    The transaction will be processed by the ACH/SEPA operator and made available to the RDFI (the bank of the recipient). Once the transaction has been received by the recipient, the transaction is complete.

  • Eligibility

    By accessing or using the Site, you represent and warrant that you are at least 18 years old and have not previously been suspended or removed from the Site. You also represent and warrant that you are not a resident of a Restricted State as defined here. The list of Restricted States is subject to change at any time. In the event a state becomes a Restricted State, BitcoinAlley.com will provide Users residing in that state with notice via email, a notification on our Site, or other means as we deem necessary, regarding their access to the Services. You represent and warrant that you are not: (a) located in, under the control of, or a national or resident of any country to which the United States has embargoed goods or services, (b) identified as a "Specially Designated National,” or (c) placed on the Commerce Department's Denied Persons List.

    You further represent and warrant that you will not use the Site if the laws of your country prohibit you from doing so in accordance with these Terms. Finally, you represent and warrant that you will not be using this site for any illegal activity, including but not limited to illegal gambling, money laundering, fraud, blackmail, extortion, ransoming data or the financing of terrorism, or other violent activities.
    Notwithstanding the foregoing, BitcoinAlley may not make the Services, in whole or in part, available in every market, either in its sole discretion or due to legal or regulatory requirements, depending on the User’s location.

  • Aaccount and initial funding; Third-Party transfers

    In order to access and use the Services, you must create an account with BitcoinAlley (an “Account”). You agree to: (a) provide accurate, current and complete information when creating the Account; (b) maintain and promptly update your Account information to keep it accurate, complete, and current; (c) maintain the security and confidentiality of your login credentials and restrict access to your Account and your computer, tablet, or mobile device; (d) promptly notify BitcoinAlley if you discover or otherwise suspect any security breaches related to the Site or your Account; and (e) take responsibility for all activities that occur under your Account and accept all risks of unauthorized access. You must provide BitcoinAlley with a valid email address to create an Account. You agree to keep your email address on file with us updated. You may withdraw your consent to receive emails by sending a withdrawal notice to BitcoinAlley, understanding that BitcoinAlley may suspend or terminate your ability to use the Services.

    You understand and agree that if BitcoinAlley sends you an electronic communication but you do not receive it because your email address on file is incorrect or out of date, or because our email is blocked by your service provider or intercepted by your spam filter, or you are otherwise unable to receive electronic communications, BitcoinAlley will be deemed to have provided the communication to you regardless. You understand and agree that if BitcoinAlley sends you an electronic communication but you do not receive it because your email address on file is incorrect or out of date, or because our email is blocked by your service provider or intercepted by your spam filter, or you are otherwise unable to receive electronic communications, BitcoinAlley will be deemed to have provided the communication to you regardless. BitcoinAlley reserves the right to limit the number of Accounts that any User or such User’s affiliates can open or hold.