Terms of Service
1. Acceptance of Terms
By accessing and using LiteBits, you agree to be bound by these Terms of Service and all applicable laws and regulations. If you do not agree with any of these terms, you are prohibited from using the service.
2. Eligibility
To use our service, you must:
- Not be located in a restricted jurisdiction
- Provide accurate and complete registration information
3. Account Rules
Users must:
- Maintain account security
- Only create and use one account per person
- Not share your account with others
- Only one account is allowed per household/IP address
- Not use VPNs or proxies
- Not engage in fraudulent activities
- Not automate claims or interactions
4. Service Rules
The following are prohibited:
- Using bots or automated systems
- Exploiting bugs or vulnerabilities
- Sharing accounts or rewards
- Manipulating the referral system
- Providing false information
5. Withdrawals
Withdrawal terms:
- A minimum withdrawal amount applies. Requests below this threshold will not be processed.
- All withdrawals are processed via the Bitcoin Lightning Network only.
- Withdrawals are subject to verification checks and may be declined if suspicious activity is detected.
- Withdrawals may be delayed for security, technical, or system-related reasons. While we aim to process them quickly, instant processing is not guaranteed.
- Abuse of the support system related to withdrawal timing (e.g., repeated complaints within minutes) may result in temporary suspension or review of the account.
If your withdrawal has not been processed within 48 hours, please contact support with your transaction details.
6. Termination
We reserve the right to terminate or suspend accounts that violate these terms, without prior notice or liability.
7. Changes to Terms
We may modify these terms at any time. Continued use of the service constitutes acceptance of modified terms.
Last updated: June 07, 2025