5. Registration

You agree to always:

5.1. We reserve the right to refuse any applicant's registration application and have the discretion to refuse any applicant's registration application without providing specific reasons.

5.2. Before using the Services, you must personally complete the registration form and read and accept these Terms. We may require you to become a verified customer through certain checks. You may need to provide valid proof of identity and any other documents deemed necessary. This includes but is not limited to a copy of a photo ID (passport, driver's license, or national ID) and a recent utility bill listing your name and address as proof of residence. We reserve the right to suspend betting or restrict any account options until the required information is received. This procedure is conducted in accordance with applicable gaming regulations and anti-money laundering laws. Additionally, you need to fund your service account using payment methods listed on our website.

5.3. If you register via email, you must provide accurate contact information, including a valid email address ("registered email address"), and keep this information updated to ensure its accuracy. You are responsible for keeping your account contact information current. Otherwise, you may not receive important account-related notifications and information from us, including changes to these Terms. We identify and communicate with customers through their registered email addresses. It is the customer's responsibility to maintain an active and unique email account, provide us with the correct email address, and inform the company of any changes to their email address. Each customer is solely responsible for maintaining the security of their registered email address to prevent any third-party use of their registered email address. The company is not responsible for any damage or loss resulting from communication with customers using the registered email address. If you intentionally provide false or inaccurate personal information, we will immediately suspend your account after issuing written notice.

5.4. You may only register one account in the Services. If it is found that you have registered multiple accounts with us, the accounts will be closed immediately. This includes using representatives, relatives, partners, associates, related parties, affiliates, and/or third parties acting on your behalf.

5.5. To ensure your financial status and verify your identity, we may require additional personal information from you, such as your name or use any third-party information providers deemed necessary. If any additional personal information is obtained through third-party sources, we will inform you of the obtained data.

5.6. You must keep your service password confidential. If the requested account information is accurate, we have the right to assume that you have placed bets, deposits, and withdrawals. We recommend that you change your password regularly and never disclose it to any third party. You protected your password, and any risks, costs, and liabilities arising from failing to protect your password are solely borne by you. You can log out of the service at the end of each session. If you believe any of your account information has been misused by a third party, or your account has been hacked, or your password has been discovered by a third party, you must notify us immediately. If your registered email address has been hacked, you must notify us, but we may require additional information/documents to verify your identity. Once we are aware of such incidents, we will immediately suspend your account. Meanwhile, you are responsible for all activities on your account, including third-party access, whether authorized by you or not.

5.7. You may not transmit any content or other information from the Services to other customers or any other party via screenshots (or similar methods), nor display any such information or content in any manner different from the one displayed to that customer or third party in the browser line when entering the Services URL.

5.8. During registration, you will have the opportunity to use all currencies provided on the Website. These currencies will be used for deposits, withdrawals, and bets in the Services, as described in these Terms. Certain payment methods cannot process all currencies. In such cases, the processing currencies and the conversion calculator provided on the page will be displayed. You can use all currencies provided on the Website. However, if the currency you use and/or win has low liquidity on most cryptocurrency exchanges or is less prevalent in the cryptocurrency market, we reserve the right to pay your winnings in USDT. In such cases, you agree that PowBit, at its discretion, may process and pay your winnings in USDT at the current exchange rate when you win the prize.

5.9. We are not obligated to open an account for you, and our Website registration page only serves as an invitation to participate. We have full discretion in deciding whether to open an account for you, and if we refuse to open an account for you, we are not obligated to provide reasons for the refusal.

5.10. After receiving your application, we may contact you to request additional information and/or documents to comply with regulatory and legal obligations.

5.11. Users who register via email must verify their accounts (via email). If verification is not completed within 30 days, we will delete the account. The company reserves the right to change this period.

5.12. We only allow one account per email address, wallet, etc. If more players wish to use the same account, exceptions can be made after verifying the identity of all associated account users. Accurate and true names must be indicated. If a player creates multiple accounts solely to take advantage of our bonus promotions (if any), they are not eligible to receive any winnings from using our bonuses. Additionally, their accounts will be blocked without notice upon identification.

5.13. A player may only have one account. All duplicate player accounts will be deemed "duplicate" and immediately closed. Any winnings, rewards, and returns obtained from duplicate accounts will be contested, and we may reclaim them. You will return all required funds withdrawn from your duplicate account to us.

5.14. We comply with U.S. laws, regulations, and guidelines to prevent money laundering and terrorist financing. All suspicious transactions will be investigated. In such cases, the company is not required to notify players, or third parties involved in the investigation. Exceptions are that the company may detail an ongoing or potential investigation or that information has been or may be transmitted to competent authorities. If suspicious activity is detected, the company has the right to suspend, freeze, block, delete, or close the player's account and withhold funds in accordance with legal or competent authority requirements.

5.15. All transactions on the Website are monitored to prevent money laundering and other illegal activities. By agreeing to these Terms, you authorize us to conduct personal identity checks as requested by us or third parties (including regulatory authorities) to verify your identity and contact information. In some cases, we may need to contact you and request necessary information to complete the checks. If you fail to provide the required information, the company reserves the right to freeze or close your account until you provide the requested information.

5.16. If you fail to prove that you are over 18 years of age, the company has the right to freeze your account until you prove your age. If it is proven that you are under 18 years of age and you have performed certain operations on the Website, the provisions of Article 16 will apply.

5.17. If you violate these Terms, or if we have reasonable grounds to suspect you have violated these Terms, we may terminate your account with or without prior notice. In such cases, all your unsettled bets will be canceled, your account will be closed, and we may also forfeit and reclaim any winnings, bonuses, rewards, and other incentives from your account balance, in which case you will forfeit these rewards. Subsequently, at your request and at our discretion, we will refund the remaining real money balance in your account (if any), subject to reasonable fees, regulatory obligations, and our ability to use payment methods we have verified as fully belonging to you.

5.18. Providing false and/or non-existent and/or misleading information during registration and the term of this agreement will be considered a serious violation of these Terms and deemed fraud by PowBit. In such cases, or if we have reasonable grounds to suspect you of doing so, we may terminate your account with or without prior notice, without any compensation, and without refunding the remaining real money balance in your account.

Last updated