Last updated: March 21, 2021
Terms of Service :
By using Laxcoin.net you agree to and are bound by these Terms and Conditions in their entirety and, without reservation, all applicable laws and regulations, and you agree that you are responsible for compliance with any applicable laws. These Terms of Service govern your use of this website. If you do not agree with any of these terms, you are prohibited from using Laxcoin.net.
Acceptable use :
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You must not use Laxcoin.net in any way that can cause damage to Laxcoin.net or in any way which is unlawful or harmful.
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You must not use this website to send any sort of commercial communications.
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You must not use this website for any purposes related to marketing without the permission of Laxcoin.net.
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You must not use this website to publish or distribute any material which consists of (or is linked to) any spyware, computer virus, Trojan horse, worm, keylogger, rootkit, or other malicious software.
Membership :
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Users must be 18 years old and above or 13 years to 18 years old with parental permission. A user between the ages of 13 to 18 certifies that a parent has given permission before signing up.
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Users must not create more than one account per person, as having multiple accounts may result in all accounts being suspended.
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We reserve the right to close your account, and forfeit any points, if you have violated our terms of service agreement.
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We reserve the right to close your account due to inactivity of 14 or more months. An inactive account is defined as an account that has not earned any profits for 14 or more months
Indemnity :
You hereby indemnify Laxcoin.net and undertake to keep Laxcoin.net indemnified against any losses, damages, costs, liabilities, and/or expenses (including without limitation legal expenses) and any amounts paid by Laxcoin.net to a third party in settlement of a claim or dispute on the advice of Laxcoin.net’s legal advisers) incurred or suffered by Laxcoin.net arising out of any breach by you of any provision of these terms and conditions, or arising out of any claim that you have breached any provision of these terms and conditions.
Portfolio Management :
To invest and earn interests at Laxcoin.net you will be required to setup an investment portfolio within your account management dashboard. The following terms governs your portfolios.
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You may create a portfolio with an agreed interest rate and investment tenure defined in months.
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Interests will not be applied if investment is terminated before maturity.
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Interests will not be applied if portfolio balance is lower than the initial contract(Amount you setup your portfolio with).
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Tenure will not count and thus portfolio will not mature if portfolio balance is lower than the initial contract(Amount you setup your portfolio with).
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Tenure maturity is reset whenever you make a new withdrawal or deposit before the original tenure maturity date.
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Interests are paid and will show on your transactions history on the last day of agreed tenure.
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Each portfolio is treated as a separate line of investment and thus assets cannot be moved from one portfolio to another even if both portfolios resides in the same account.
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savePro™ is our proprietary investment tool that helps investors meet their targets by enforcing a set withdrawal limit. Portfolio holders can activate this optional feature at portfolio creation time. This feature cannot be modified or removed after portfolio creation.
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Your first withdrawal from a new portfolio is limited to a tiny amount. This is to prevent cases of errors where a user is not yet familiar with how our website works or the overall concepts of receiving bitcoin payments. Successful completion of this tiny withdrawal shifts liability to the user and thus the limitation is removed in subsequent withdrawals. This compulsory withdrawal supersedes savePro™ withdrawal limits
No warranties :
Laxcoin is provided “as is” without any representations or warranties. Laxcoin.net makes no representations or warranties in relation to this website or the information and materials provided on this website.
Laxcoin.net does not warrant that:
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The website will be constantly available, or available at all moving forward.
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The information on this website is complete, true, or non-misleading.
Privacy :
For details about our privacy policy, please refer to the privacy policy section.
Unenforceable provisions :
If any provision of this website disclaimer is, or is found to be, unenforceable under applicable law, that will not affect the enforceability of the other provisions of this website disclaimer.
Links :
Responsibility for the content of external links (to web pages of third parties) lies solely with the operators of the linked pages.
Modifications:
Laxcoin.net may revise these terms of use for its website at any time without notice. By using this web site you are agreeing to be bound by the then current version of these terms of service.
Breaches of these terms and conditions:
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Laxcoin.net reserves the rights under these terms and conditions to take action if you breach these terms and conditions in any way.
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Laxcoin.net may take such action as seems appropriate to deal with the breach, including suspending your access to the website, suspending your earnings made through Laxcoin.net,prohibiting you from accessing the website, or bringing court proceedings against you.