Terms of Service
LAST UPDATED - 2022-07-31
By using coinloot.app you acknowledge that you accept these Terms of Service in their entirety and without reservation. You are also agreeing to our Terms of Service as well as its future modifications and you are responsible for compliance with any applicable laws. These Terms of Service govern your use of this mobile application.
When you create an account with us, you must provide us with information that is accurate, complete, and current at all times. Failure to do so constitutes a breach of the Terms, which may result in immediate termination of your account on our Service. You are responsible for safeguarding the password that you use to access the Service and for any activities or actions under your password, whether your password is with our Service or a third-party service. You agree not to disclose your password to any third party. You must notify us immediately upon becoming aware of any breach of security or unauthorized use of your account.
To protect our app and our advertisers we ask you to follow the below rules. Please use common sense and treat others the way you want to be treated. Please don't do any of the below. If we detect any of the below activities, you will be permanently banned from our app.
- Use multiple devices for the same account or use multiple accounts on the same device.
- Create "fake accounts" by modifying your device ID, IP address, or MAC address.
- Use of our service or partners services through a proxy/VPN.
- Use any of IMEI changers or other device ID changers.
- Use any hack or program to manipulate the app reward system.
- Do not post misleading information to cheat other app users or services admins.
- Use our service for any unlawful purpose or promotion of illegal activities.
- Use our service for any type of commercial profit.
We may terminate or suspend access to our Service immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms. All provisions of the Terms which by their nature shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.
We may terminate or suspend your account immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms. Upon termination, your right to use the Service will immediately cease and you will lose access to all Coins retained and earned. If you wish to terminate your account, you may simply discontinue using the Service. All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity, and limitations of liability.
To use our website you must be 13 years old or older.
We reserve the right to temporarily hold offer credits at any time. This will occur automatically if a survey goes over a user's credit limit. We reserve the right to hold these credits for up to 90 days after offer completion.
Virtual Credits (Coins)
Our on-site currency (‘Coins’) is not a form of real money. It does not hold any monetary value and may never be redeemed for “real world” money. While we may use terms like “shop”, “withdrawal”, "earn" in reference to the virtual coins, we do so only for convenience and such terms in no way indicate that coinloot virtual coins hold monetary value or are real money whatsoever. You acknowledge that coinloot’s virtual coins are not redeemable for any sum of “real-world” money from us at any time. We make no guarantee and take no responsibility as to the nature, value, or quality of the features of the Service or any third-party goods or services that will be accessible through the use of coinloot’s virtual coins.
We are not storing cryptocurrencies and will never ask you to send cryptocurrency to us. Coinloot app may allow withdrawal of cryptocurrency to the blockchain address provider by the user in exchange to coinloot virtual coins. It is the user’s responsibility to ensure that the withdrawal address for the transfer of cryptocurrencies, provided to the coinloot app is correct. A withdrawal from the coinloot app is an on-chain transaction of transferring crypto to your cryptocurrency address (usually a wallet or exchange). As with all blockchain transactions, they come with a fee.
Each withdrawal request is under the review process that could take up to 24hours. We reserve a right to block or cancel withdrawal requests if we notice prohibited behavior connected to your account.
You acknowledge that you should settle the money you earn on coinloot.app with the tax authorities on your own, in accordance with the tax laws of your country.
Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect. These Terms constitute the entire agreement between us regarding our Service, and supersede and replace any prior agreements we might have between us regarding the Service.
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.