Privacy Policy & Terms of Service

Privacy Policy

Your privacy is important to us. It is Kitefinancial' policy to respect your privacy regarding any information we may collect from you across our website, https://www.kitefinancial.io, and other sites we own and operate.

We only ask for personal information when we truly need it to provide a service to you. We collect it by fair and lawful means, with your knowledge and consent. We also let you know why we’re collecting it and how it will be used.

We only retain collected information for as long as necessary to provide you with your requested service. What data we store, we’ll protect within commercially acceptable means to prevent loss and theft, as well as unauthorised access, disclosure, copying, use or modification.

We don’t share any personally identifying information publicly or with third-parties, except when required to by law.

Our website may link to external sites that are not operated by us. Please be aware that we have no control over the content and practices of these sites, and cannot accept responsibility or liability for their respective privacy policies.

You are free to refuse our request for your personal information, with the understanding that we may be unable to provide you with some of your desired services.

Account Security/password

By using kitefinancial you agree to her policy of a 2-factor authentication and any modern means of identification/verification of your ownership. You also do agree that kitefinancial is not responsible for any security bridge that may occur as a result of you sharing your password with any third-party. you are therefore responsible for any of such actions, and will be responsible for any loss it may cause to your kitefinancial account, modification, loss, etc...

Account/information ownership

By using kitefinancial, you agree that we may collect information to successfully render services to you, and you also do agree that you may not need a kitefinancial account before we can collect information for service purposes.
Kitefinancial provide you with the right to the information we have about you, and you may request for your data, and ask for clarification on the use of your data. You may also choose to deactivate your kitefinancial account and revert the access you have given to kitefinancial on the continual use of your data for the sole aim of service provison.
You do also agree that at the advent of deactivating your account, coin4salses cannot assist/provide you with a means to recover deleted account and the information, thus you perform this action with full responsiblilty and awareness of irreversibility.

Your continued use of our website will be regarded as acceptance of our practices around privacy and personal information. If you have any questions about how we handle user data and personal information, feel free to contact us.

This policy is effective as of 11 September 2019.

Kitefinancial Terms of Service
1. Terms

By accessing the website at https://www.kitefinancial.io, you are agreeing to be bound by these terms of service, all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, you are prohibited from using or accessing this site. The materials contained in this website are protected by applicable copyright and trademark law.

2. Use License
  1. Permission is granted to temporarily download one copy of the materials (information or software) on Kitefinancial' website for personal, non-commercial transitory viewing only. This is the grant of a license, not a transfer of title, and under this license you may not:
    1. modify or copy the materials;
    2. use the materials for any commercial purpose, or for any public display (commercial or non-commercial);
    3. attempt to decompile or reverse engineer any software contained on Kitefinancial' website;
    4. remove any copyright or other proprietary notations from the materials; or
    5. transfer the materials to another person or "mirror" the materials on any other server.
  2. This license shall automatically terminate if you violate any of these restrictions and may be terminated by Kitefinancial at any time. Upon terminating your viewing of these materials or upon the termination of this license, you must destroy any downloaded materials in your possession whether in electronic or printed format.
3. Disclaimer
  1. The materials on Kitefinancial' website are provided on an 'as is' basis. Kitefinancial makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights.
  2. Further, Kitefinancial does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site.
4. Limitations

In no event shall Kitefinancial or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Kitefinancial' website, even if Kitefinancial or a Kitefinancial authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you.

5. Identity Verification/Access and limits

You may only purchase cryptocurrency on kitefinancial when you have satisfied all verification/identity check. Certain limits are placed on your usage and ability to purchase cryptocurrency on kitefinancial, these limitations depends on your level of verification and kitefinancial have all rights to reduce, increase such limits without any prior notice. To improve your usage of kitefinancial you are required to verify your identity and you agree to provide kitefinancial with the information she requires to satisfactorily do this. The purpose of this is to combat fraud, money laundering, terrorist financing and any other illegal actions that may occur using our services.

6. Coin purchase/recipient

By purchasing digital currency through kitefinancial you accept to have entire awareness of your actions and you accept to know the reason and purpose behind the purchase. In wake of fraud that may result from sending or buying digital currency to a false identity you are to take full responsibility of your actions and all purchases to any wallet is at your risk.

7. API/Invoice usage

By using the kitefinancial API/Invoice for your business/individual use, you agree that charges/limitations are imposed on your usage. You also do agree that at the advent of breaking any of the rules below, your continual use of kitefinancial maybe terminated without compensation(s).

Rules for API/Invoice usage

you may not use kitefinancial services for the following form(s) of business


  1. Escort/Pornography website.

    You may not use kitefinancial services on an escort platform/software/application or pornography platform, software, application, or any form of pornographically-driven business.

  2. Fraudulent/high-risk investment website.

    You may not use kitefinancial services on any deceitful business(es), that seeks to extort her users moneys,properties,rights,assets,etc.

  3. Ponzi schemes.

    You may not use kitefinancial services on any ponzi business, or pyramid-driven business model.

  4. illegal businesses.

    You may not use kitefinancial services on any business considered to be illegal by law.

  5. Human/drug trafficking.

    You may not use kitefinancial services on any human trafficking or drug platform,software,application, either as direct instigator or indircet instigator.

  6. Other restricted websites/softwares

    You may not use kitefinancial services on any platform/software/application that profess hatred for particular social, ethnical, religious or other group; contain viruses, Trojan horses, worms, time bombs, corrupted files, or any other similar software or programs that may damage the operation of a computer or a person's property

8. Charges and rate

By using kitefinancial for personal or business use, you agree that kitefinancial will include charges at appropriate percents that is clearly displayed to you at the point of purchase, and you agree to pay these fees for the services kitefinancial render. You also agree that kitefinancial holds all rights in setting her charges and do not require your approval and notice to do so. You also accept that the rates displayed and used at kitefinancial may not be fully fixed by kitefinancial, and that transaction fees may be incurred by your private banks, wallets, merchants, etc and that these rates may differ.

9. Reversibility

On the completion of a transaction and you wish to reverse the process as a result of false identity, wrong wallet, typo errors, etc, it is not possible. Once a purchase is made, kitefinancial will not revert and does not stand in the position to do any form of reversion.

10. Identity disclosure/trust

The blockchain technology does not support the disclosure of the identity of an individual in a network, as such you cannot trust that who the individual says he/she is, is what he/she truly is, and kitefinancial do not take responsibility for any risk or loss that you may face by sending funds to the wrong person or paying to a dishonest business (we try our best to ensure that our services are employed by honest businesses, although we cannot be 100% sure). By using kitefinancial to send or pay through digital currency to anyone you accept full responsibility of the risk and you accept that you trust the business and your transaction is valid with them and kitefinancial is only a mediator for you to pay through bitcoin/anyother-coin but does not take part in your business and holds no responsibility of any such pertaining this.

11. Use of Exchange

By using the Kitefinancial exchange for cryptocurrency trade, you agree to the following terms of service:

  1. The Definition of a "Trade" in Kitefinancial is a completed exchange between a buyer (who purchases the token) and seller (who sells the token).
  2. The Seller is charged 1% exchange fee of the amount sold, and is inclusive to the amount to sell. You can only place a Sell order when you have the total of amount to sell and the 1% fee included.
  3. The price for a token is fully determined by the Seller without any influence from Kitefinancial. As such Kitefinancial will not cancel any trade due to mistaken price.
  4. When a Seller places a token on sell, the seller invairiably losses full control of that token which is now held in escrow by Kitefinancial until successful completion of trade whence it is handed over to the worthy party. A 'worthy' party is a buyer who has paid to the seller in full the amount placed on the token buy the Seller, or a Seller whose placed token was not met by any Buyer thus custody over their token is handed back to them.
  5. A buyer has a payment window of 10mins and can only mark a trade has paid by uploading the valid proof of payment.
  6. A buyer may not pay a Seller half payments here referred to as dirty payments. A buyer is expected to may a onetime full payment to Seller using the indicated payment method.
  7. A Seller has 30mins window to confirm payment of buyer, after receiving money in his/her bank account.
  8. A Seller who refuses to confirm a payment after this window causes the trade to enter dispute where it will be resolved by a Kitefinancial representative.
  9. When a trade on dispute is resolved Kitefinancial may either cancel the trade or complete it which releases the token to the buyer after complete verification of payment, the Seller in this case is considered the guilty party.
  10. There is no communication and can be none between the buyer and seller in context of chats or discussions. The trade is fully anonymous and the only communication channels are: 1. Buyer uploads proof of payment and Seller is notified. 2 Buyer clicks on dispute button to notify Seller of exceeding confirmation time and inviting a Kitefinancial representative to the scene, 3. The Seller sends a query to the Buyer either to notify them of a wrong proof of payment which can occur by error on the buyer's end.

12. Accuracy of materials

The materials appearing on Kitefinancial' website could include technical, typographical, or photographic errors. Kitefinancial does not warrant that any of the materials on its website are accurate, complete or current. Kitefinancial may make changes to the materials contained on its website at any time without notice. However Kitefinancial does not make any commitment to update the materials.

13. Links

Kitefinancial has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Kitefinancial of the site. Use of any such linked website is at the user's own risk.

14. INDEMNITY

To the full extent permitted by applicable law, You hereby agree to indemnify Kitefinancial, and its partners against any action, liability, cost, claim, loss, damage, proceeding or expense suffered or incurred if direct or not directly arising from your use of Kitefinancial's Sites, Your use of the Service, or from your violation of these Terms of Use.

15. Risk/Warning

Trading cryptocurrency is risky as values for asset fluctuate on a regular basis and as a result of this volatility your assets may become worthless or may increase in value. Kitefinancial do not provide risk analysis, or advice and we do not guarantee you the value of the assets traded on our platform, you thereby agree to trade at your own risk with full cognizance of the risk involved, volatility, etc.

16. Modifications

Kitefinancial may revise these terms of service for its website at any time without prior permission/notice, but will provide updates on any of such revision for your acceptance/rejection for continual use of our service(s). By using this website you are agreeing to be bound by the then current version of these terms of service.

17. Governing Law

These terms and conditions are governed by and construed in accordance with the laws of Nigeria and you irrevocably submit to the exclusive jurisdiction of the courts in that State or location.

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