Terms of Service
Version 1 · in force since
These Terms of Service ("Terms") are an agreement between you and Bluckcoin ("we", "us"), of 2717 Roeding Rd Apt 46, Ceres, CA 95307, United States. They apply whenever you use the Bluckcoin website and services. Please read them together with our Privacy Policy and Risk Disclosure. By creating an account or using the service you agree to these Terms.
1. Eligibility
To use Bluckcoin you must:
- be at least 18 years old and legally able to enter into a binding contract;
- not be located in, or a resident of, a country or region where we do not offer the service, or where using it would be against local law. If we do not serve your region the site shows a notice and some features are unavailable. Do not use a VPN or other tool to get around this;
- hold only one account. Each account is for one named individual and may not be shared, sold or transferred;
- complete identity verification (KYC) before you deposit, trade, use Piggy savings or withdraw, and give us accurate, up-to-date information.
We may refuse or close an account if we cannot verify your identity or if we believe you do not meet these requirements.
2. Your account and security
You sign in with your email address, your password and a one-time code that we email to you each time. You are responsible for:
- keeping your password private and choosing one you do not use anywhere else;
- keeping your email account secure, because access to it can be used to reach your Bluckcoin account;
- never sharing a sign-in, signup, password-reset or withdrawal code with anyone. We will never ask you for your password or a code;
- reviewing your active sessions at Security and telling us straight away at bluckcoin@gmail.com if you think someone else has accessed your account.
We are not responsible for losses caused by someone using your password, codes or email account, unless the loss was caused by our own failure.
3. The service
Bluckcoin is a prediction market. Markets are organised by topic and category, and each market asks a question about a future event with a set of possible outcomes. You can buy contracts on an outcome.
- Each contract is priced between 0 and 1 USDT. The price moves with demand and reflects what other users collectively think, not a guaranteed probability.
- When a market is resolved, each contract on the winning outcome pays 1.00 USDT and each contract on any other outcome pays 0.00 USDT.
- Until a market's cut-off time you may be able to cash out a position early at the price then offered, which may be more or less than you paid. After the cut-off, trading stops and positions are held until resolution.
- Any fee on a trade or cash-out is shown before you confirm it.
Bluckcoin is not a bank, broker or investment adviser. Balances held with us are not bank deposits and are not covered by any deposit-insurance or investor-compensation scheme.
4. Deposits
- We accept USDT only, on the TRC20 (Tron) or ERC20 (Ethereum) networks only. Send funds to the address shown on the Deposit page for the network you choose, then upload a screenshot of the transfer.
- Deposits are checked by our team by hand and are typically credited within 24 hours. Minimum deposits are shown on the Deposit page.
- Funds sent on the wrong network, in a different token, or to an address other than the one shown, usually cannot be recovered. We are not responsible for such losses.
- We may decline a deposit we cannot match to a transfer or that raises compliance concerns. Where it is possible and lawful, we will try to return it to its source.
5. Withdrawals
- Withdrawals are paid in USDT on TRC20 or ERC20 to a payout address you have saved in your account. Check the address carefully: blockchain transfers cannot be reversed.
- Each withdrawal must be confirmed with a code emailed to you. The amount, plus any fee, is held from your balance as soon as you submit the request.
- Every withdrawal is reviewed by a person and is typically processed within 24 hours. Larger withdrawals may need approval from a second reviewer, which can take longer.
- If a withdrawal is not approved, the full held amount is returned to your balance.
- Minimum and maximum amounts and any fee are shown on the Withdraw page before you confirm.
- We may delay or refuse a withdrawal where needed to meet legal obligations, to investigate suspected fraud or a breach of these Terms, or to protect your account.
6. Market resolution and cancellation
- Our team resolves each market using reliable public sources, as described in the market's rules. Resolutions above a set size must be co-signed by a second administrator before they take effect.
- Our decision on resolution is final, except where we correct an obvious error. If you think a market was resolved incorrectly, contact support promptly.
- We may cancel a market if the question becomes unclear, the event does not happen as described, or the outcome cannot be fairly determined. If a market is cancelled, everything you paid into it, including any entry fee, is refunded to your balance.
See How markets are resolved for more detail.
7. Piggy savings
Piggy lets you set aside part of your balance to earn a monthly reward. The rate is variable and set by us. It is paid on the lowest balance you held in Piggy during the month. We can change the rate at any time; a rate already used for a month is not changed retrospectively. Piggy is not a bank account or deposit, is not insured, and past rates do not guarantee future ones.
8. Referrals and BCOIN
You may earn BCOIN by inviting others through our referral programme. BCOIN are promotional points only. They have no cash value, cannot be withdrawn, sold or transferred, and are not a cryptocurrency or a financial product. We may change, suspend or end the referral programme, and adjust or remove BCOIN, at any time, including BCOIN earned through abuse of the programme.
9. Prohibited conduct
You must not:
- open or control more than one account, or use another person's account or identity;
- manipulate a market, including by coordinated trading, wash trading or spreading false information;
- trade on inside information, or on a market whose outcome you can influence;
- use bots, scripts or automated tools to abuse the service, scrape it, or gain an unfair advantage;
- use the service for money laundering, terrorist financing, fraud, or with funds from illegal activity;
- abuse the referral programme, for example by referring yourself or fake accounts;
- attempt to break, overload or gain unauthorised access to our systems, or other users' accounts.
10. Suspension and closure
We may restrict, suspend or close your account, void trades connected with prohibited conduct, and withhold funds where the law allows, if we reasonably believe you have broken these Terms or the law, or if we are required to by a regulator or court. Where we can, we will tell you why.
You can ask us to close your account at any time by contacting support. Before closure we will return your available USDT balance to a verified payout address, less any network fee, unless we are legally required to hold it. Records are kept after closure as described in our Privacy Policy.
11. Communications
We send emails that are necessary to run your account, such as sign-in and withdrawal codes and notices about deposits, withdrawals, identity checks and security changes. These are part of the service and cannot be turned off while your account is open. We do not send marketing email unless you have opted in. See Emails we send.
12. Risk and no advice
Trading on prediction markets is risky and you can lose all the money you put into a position. Please read our Risk Disclosure. Nothing on Bluckcoin is investment, financial, legal or tax advice. You are responsible for your own decisions and for any taxes that apply to you.
13. Limitation of liability
We provide the service "as is" and "as available". We do not promise it will always be uninterrupted or error-free, and blockchain networks, third-party services and manual processes can cause delays.
To the fullest extent the law allows, we are not liable for indirect or consequential losses, loss of profit or opportunity, or losses caused by events outside our reasonable control. Our total liability to you for any claim is limited to the fees you paid us in the 12 months before the claim arose. Nothing in these Terms limits liability that cannot be limited by law, such as liability for fraud.
14. Changes to these Terms
We may update these Terms from time to time. When we publish a new version, you will be asked to read and accept it the next time you visit before you can keep using the service. If you do not accept it, you may close your account and withdraw your balance.
15. Governing law
These Terms are governed by the laws of the State of California, United States, without regard to its conflict-of-law rules. Disputes will be dealt with by the state and federal courts located in Stanislaus County, California, unless the law of the country where you live gives you the right to bring proceedings there.
16. Contact
Bluckcoin, 2717 Roeding Rd Apt 46, Ceres, CA 95307, United States
Email: bluckcoin@gmail.com
Questions about this? Ask support.