Terms and Privacy Policy

General Terms and Conditions (GTC) for forge-shares.net

  1. Introduction and Scope
    1.1 These General Terms and Conditions (GTC) govern the use of the forge-shares.net platform, including all services and products offered through the website or other online interfaces.
    1.2 By registering and using the platform, you accept these GTC in their current version.
    1.3 These GTC apply worldwide, regardless of the user's residence or location, and are binding for all business relationships between forge-shares.net and the users of the platform.
    1.4 Deviating, opposing, or supplementary GTCs of the user do not become part of the contract unless forge-shares.net expressly agrees to their validity in writing.

  2. Offer and Liability
    2.1 forge-shares.net offers services in the field of cryptocurrencies, including copy trading and community pools. The platform allows users to generate passive income.
    2.2 forge-shares.net does not guarantee profits when using copy trading or community pools. There is always a risk of total loss of the invested capital.
    2.3 The use of the platform and its services is at the user's own risk. forge-shares.net is not liable for financial losses or damages resulting from the use of the platform unless they are due to intentional or grossly negligent behavior on the part of forge-shares.net.
    2.4 forge-shares.net is not liable for losses due to market fluctuations, technical disruptions, force majeure, or unforeseen events. This includes, but is not limited to, network and server outages, virus attacks, or other incidents beyond the control of forge-shares.net.

  3. BMF-Credits and Dashboard Use
    3.1 Users can acquire BMF-Credits with cryptocurrencies and use them in their dashboard. BMF-Credits are virtual units without real monetary value, which can only be used within the platform.
    3.2 Upon deposit, users acquire BMF-Credits, which have no intrinsic value and are considered virtual currency. Virtual currency does not represent the holding of funds but is counted as game tokens on the dashboard.
    3.3 These game tokens (BMF-Credits) can be exchanged for cryptocurrencies. The payout is made in the respective cryptocurrency based on the current exchange rate at the time of the transaction.
    3.4 BMF-Credits are always worth 1 US dollar, but they are not subject to market value fluctuations outside the platform.
    3.5 forge-shares.net does not hold any physical or digital funds of users. All transactions and balances are conducted virtually within the dashboard.
    3.6 There is no money-back guarantee, as BMF-Credits are virtual money. In the event of a total loss of the acquired BMF-Credits, no compensation will be provided.
    3.7 Trading and pool activities are only conducted on business days. There are no earnings or profits credited in BMF-Credits on weekends, and the profit rate is 0%.
    3.8 If a user leaves a pool early, which must be requested by email, 50% of the pool value will be deducted because the pool was terminated by the user. If forge-shares.net closes the pool, 100% of the BMF-Credits will be credited back.
    3.9 All purchased bots, which are made available for download after purchase, cannot be revoked. Therefore, there is no money-back guarantee for BMF-Credits, as it is a digital product.
    3.10 All profits from the pools (packages) are paid out with BMF-Credits in the dashboard, which are represented as virtual payment tokens and have no value on the real market.
    3.11 Profit sharing in the payout is included. The 10% fee covers exchange fees, swap fees, transaction fees, and withdrawal fees from BMF-Credits to cryptocurrency, processing fees, and profit sharing.
    3.12 When money is deposited into the forge-shares.net dashboard, users automatically purchase BMF-Credits in return, thus no actual funds are held since users acquire virtual game tokens. This is confirmed and accepted by users upon registration.
    3.13 If forge-shares.net detects any violation of anti-money laundering laws worldwide, such as funds being deposited and then withdrawn internally, the BMF-Credits will be treated as forfeited. forge-shares.net reserves the right to enforce this measure. The user must then provide evidence of the source of the funds and how they were generated. This will be thoroughly checked, including the authenticity of the documents. If the documents are not genuine, the BMF-Credits will not be exchanged for cryptocurrency. If the user believes everything is in order, genuine documents must be presented. If the second verification also reveals falsified documents, the exchange will be permanently denied. Transactions above 100,000.00 USD will be verified first. Withdrawals within the EU will be verified starting at 50,000.00 USD. Verification can take up to 48 hours. This only applies to business days; no verifications will occur on weekends until the next business day.

  4. Taxes and Legal Provisions
    4.1 Users are responsible for complying with all legal requirements regarding the taxation of their profits and payouts and for reporting them to the competent authorities. This applies to all countries and regions worldwide.
    4.2 forge-shares.net does not assume any responsibility for the tax treatment of users' transactions. Users should consult a qualified tax advisor for tax-related questions.
    4.3 Users must ensure that they comply with all applicable laws and regulations of their country of residence, particularly regarding financial transactions and the use of cryptocurrencies.

    Virtual Money and Taxation

    Whether virtual money, such as game tokens or credits, must be taxed depends on the applicable tax laws in your country. Generally, the following applies:

    1. Virtual Money or Game Tokens: As long as the virtual currencies remain in the system and are not converted into real currencies, they are usually not taxable. They are often considered game tokens or virtual goods and are not subject to regular tax regulations.
    2. Conversion into Real Currency: When virtual currencies (e.g., BMF-Credits) are converted into real currencies, this may be taxable. In most countries, such transactions must be declared as income or capital gains and taxed accordingly.
    3. Country-Specific Regulations: The exact tax treatment can vary by country. In some countries, there are specific regulations for cryptocurrencies and virtual currencies. Therefore, it is important to inform yourself about local tax laws or consult a tax advisor.

    Conclusion

    Virtual currencies generally only need to be taxed when they are converted into real currencies. It is advisable to inform yourself about the specific regulations in your country and, if in doubt, consult a tax advisor.

  5. Anonymity and KYC (Know Your Customer)
    5.1 The use of the dashboard is anonymous. Currently, no identity verification (KYC) is required.
    5.2 forge-shares.net reserves the right to introduce KYC procedures at any time to comply with legal requirements or internal policies. In such a case, users will be informed accordingly and must provide the required information and documents.
    5.3 In the event of the introduction of KYC procedures, forge-shares.net may restrict or suspend the use of the platform or certain services until the required verifications are completed.

  6. Data Protection
    6.1 forge-shares.net respects users' privacy and is committed to protecting personal data in accordance with applicable data protection laws. Information on data processing and use can be found in forge-shares.net's privacy policy.
    6.2 forge-shares.net collects, stores, and processes personal data only to the extent necessary to provide services and comply with legal requirements.
    6.3 Users have the right to request information about the personal data stored by forge-shares.net at any time and may request the correction or deletion of their data unless legal retention obligations conflict.

  7. Warranty and Liability
    7.1 forge-shares.net does not guarantee the continuous availability of the platform or its error-free operation. Technical disruptions, maintenance work, or force majeure can lead to temporary outages.
    7.2 forge-shares.net is only liable for damages caused by intentional or grossly negligent behavior. Liability for slight negligence is excluded unless essential contractual obligations (cardinal obligations) are violated.
    7.3 Liability for indirect damages, consequential damages, or lost profits is excluded to the extent permitted by law.

  8. Use of the Website
    8.1 The use of the website and the platform is at the user's own risk. forge-shares.net is not liable for damages resulting from the use of the website unless they are due to intentional or grossly negligent behavior.
    8.2 forge-shares.net reserves the right to change, expand, or discontinue the platform and the services offered at any time. Users will be informed of significant changes in a timely manner.

9. Final Provisions

9.1 forge-shares.net reserves the right to amend these GTC at any time. Users will be informed of changes in an appropriate manner, such as by notification via email or notice on the website. The changes are considered accepted if the user does not object to the change within 14 days of receiving the change notification. If the user objects to the change, forge-shares.net has the right to terminate the contract with the user.

 

10. Contact

10.1 For questions or uncertainties regarding these GTC or the use of the platform, users can contact forge-shares.net support. Contact information can be found on the forge-shares.net website.

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