You consent to accept these Terms of Use should you accept them on behalf of an entity. You also confirm that BERSTAKE LTD has authorized you to be bound by these Terms of use incorporated by reference.
Scope
BERSTAKE LTD is the owner of the BERSTAKE website (https://berstake.com/).
BERSTAKE LTD provides users (the “User” or “Users”) of this website https://berstake.com/ (the “BERSTAKE Platform”) with the following general information, in accordance with articles of Law on Information Society Services and Electronic Commerce.
The BERSTAKE Platform is managed by BERSTAKE LTD (hereinafter, “BERSTAKE”), a company incorporated under the laws of the United Kingdom, with registered address at 15 Windsor Road, Waterlooville, PO7 6BA, United Kingdom which is registered in the UK Companies House under No. 15026712.
These are the Terms of Use of the BERSTAKE Platform and the BERSTAKE mobile application (the “BERSTAKE App”) which will govern your relationship as a User of the BERSTAKE website or/and the BERSTAKE App. In addition, for certain functionalities the particular conditions that are communicated for each case may apply.
All contractual documents between you and BERSTAKE will be referred to as the “Contractual Relationship”, which will apply to access, downloading, and use of the BERSTAKE Website or the BERSTAKE App. Finally, please note that when you contract services through the BERSTAKE Website or BERSTAKE App, the terms and conditions of the service provider will also apply to you, as explained below. These Terms allow you to access and use our website at https://berstake.com/, our online services, our BERSTAKE App, and other related services utilizing some or all of the above referred to in these Terms, collectively, as our “BERSTAKE Services.”
Using BERSTAKE Services
You are permitted to use BERSTAKE Services after registration.
You are responsible for ensuring personal information in your account profile is current and correct, especially your email address.
You are also responsible for maintaining adequate security, control, and confidentiality of your account information, including passwords, two-factor authentication codes, keys, or other codes associated with your account and any activity occurring within that account. The loss or compromise of this information may result in unauthorized access to your account, which may result in loss or theft of any Cryptocurrency held in your account.
Please contact us immediately at info@berstake.com describing the issue at hand as thoroughly as possible, including the date, type of problem, and part of the BERSTAKE Website or BERSTAKE Services in question of the problem.
You are responsible to (I) immediately notify us of any unauthorized use of your password or account or any other breach of security, and (II) ensuring that you exit from your account at the end of each session when accessing the BERSTAKE Services. We have no responsibility for any loss you incur as a result of failing to comply with the instructions outlined in this section or your failure to follow or act on any notices or alerts that we may send to you.
Registration Requirements
BERSTAKE LTD reserves the right in its sole discretion not to open Accounts, temporarily or permanently suspend accounts, including where required or recommended by applicable governmental, regulatory, or law enforcement requirements. BERSTAKE Services are solely used by registered account holders. You agree that the information you provide to BERSTAKE during the account creation is accurate and complete, and will be updated from time to time as need be. You are not authorized to use the BERSTAKE Services if you are under 18 years of age.
Account and User Security
Each User is asked to have only one registered account on the BERSTAKE Platform. Registration by one person of more than one account in the structure of referrals, in order to obtain a commission on own staking deposits, will result in the suspension of the account and freezing of funds on all associated accounts. Each User is responsible for the security of their account. The highest account security is ensured by enabling two-factor authentication (at least for the login option). The User should use a strong password consisting of at least 6 characters, containing upper and lower-case letters, numbers, or special characters. The password should be different from the one you use, e.g., for the email box associated with the BERSTAKE account.
Please Note
Please Note: Our support, employees, or administration NEVER CONTACT users personally via Telegram accounts or other messengers. The only possible contact methods are: Live Chat on our website, Contact Form on the website, or E-Mail to: info@berstake.com or support@berstake.com.
BERSTAKE LTD never asks for payments to external crypto wallets and never promotes/recommends any other investment platforms, programs, bots, and apps.
Staking
Staking, referred to as Staking Investment within this agreement, constitutes a private contract between BERSTAKE LTD and the individual who has registered an account on the platform.
Upon initiating a staking deposit, the user entrusts their digital assets to BERSTAKE LTD, granting the authority to manage these funds in the user's best interest. This management aims to yield the rewards specified in the chosen staking strategy.
Minimum Staking Requirements
The platform specifies minimum staking amounts for each strategy, detailed as follows:
| LOCKED STAKING - Minimum amounts required | ||||
|---|---|---|---|---|
| Cryptocurrency | Minimum | |||
 Tether |
25 | |||
 Bitcoin |
0.0006 | |||
 Litecoin |
0.375 | |||
 Ethereum |
0.0125 | |||
 Dash |
1.25 | |||
 Ripple |
50 | |||
 Doge |
375 | |||
 BNB |
0.125 | |||
 Tron |
250 | |||
| FLEXIBLE STAKING - Minimum amounts required | ||||
|---|---|---|---|---|
| Cryptocurrency | Bronze 1% Daily | Silver 1.5% Daily | Gold 2% Daily | |
| Tether |
100 | 2500 | 5000 | |
| Bitcoin |
0.00237 | 0.06 | 0.12 | |
| Litecoin |
1.5 | 37.5 | 75 | |
| Ethereum |
0.05 | 1.25 | 2.5 | |
| Dash |
5 | 125 | 250 | |
| Ripple |
200 | 5000 | 75000 | |
| Doge |
1500 | 37500 | 75000 | |
| BNB |
0.5 | 12.5 | 25 | |
| Tron |
1000 | 25000 | 50000 | |
Rewards and Deposits
Daily rewards are allocated to the user's account every 24 hours, contingent upon the staked sum and the selected Staking Strategy. Users may leverage any of BERSTAKE.com's accepted payment systems for staking deposits, with the value denominated in the chosen cryptocurrency.
Daily rewards from the Staking Strategy will be added to the user's account every 24 hours.
The amount of daily rewards depends on the staked amount and the selected Staking Strategy.
To make a Staking Deposit, Users can use any payment system accepted by berstake.com.
The value of the deposit will be expressed in the selected cryptocurrency.
Locked Staking Plans:
Locked staking entails a commitment to lock funds for predefined periods—14, 21, or 30 days—with a uniform minimum entry threshold across all plans. The staking rewards rate escalates with the lock-in period: 3% daily for 14 days, 4% daily for 21 days, and 5% daily for 30 days. Upon the conclusion of the selected period, funds automatically revert to the user's balance sans any fees, allowing for withdrawal or reinvestment in another staking strategy.
Flexible Staking Plans:
Flexible staking offers dynamic access to funds without a mandatory lock-in period. Users can opt to unstake their crypto after the initial 24 hours; however, a 20% fee, deducted from the principal staked amount, applies to such withdrawals. This model affords greater liquidity but imposes a fee to counterbalance the potential short-term impact on fund management strategies.
Withdrawals
The user can request a withdrawal at any time as long as they have sufficient funds in their wallet balance.
BERSTAKE LTD cannot reverse or cancel cryptocurrency transfers made to a wrong wallet address. Please double-check your wallet address before you confirm the withdrawal request. Funds sent to the wrong address will not be refunded.
BERSTAKE is not responsible for delays due to technical issues with the blockchain serving the individual cryptocurrencies.
The minimum withdrawal amount that can be requested by the User is as follows:
| Minimum withdrawal request amount | ||||
|---|---|---|---|---|
| Cryptocurrency | Minimum | |||
| Bitcoin |
0.0004 | |||
| Litecoin |
0.1 | |||
| Ethereum |
0.004 | |||
| Dash |
0.2 | |||
| Ripple |
10 | |||
| Doge |
70 | |||
| Tether |
5 | |||
| BNB |
0.02 | |||
| Tron |
50 | |||
Due to the highest security of our users' funds, each withdrawal must be approved manually by our employee (withdrawal operator).
Withdrawals are processed 24 hours a day, 7 days a week. We approve payments on an ongoing basis; the time of processing payments depends on the number of applications and the duration of any checks. The maximum withdrawal time is up to 48 hours.
Given that BERSTAKE LTD does not charge any withdrawal fees from users, we ask you to order withdrawals judiciously. Specifically, it is prohibited to split one balance amount into multiple small withdrawals, thereby exposing BERSTAKE LTD to unreasonable transaction costs.
BERSTAKE LTD is not responsible for the speed of the blockchain network for individual cryptocurrencies. With heavy network loads, confirmation time may be longer than usual.
Policy on IN-OUT Transactions
At BERSTAKE LTD, we are committed to offering our users the best possible staking experience while maintaining high security and efficiency in our operations. To further this goal, we have implemented a policy regarding IN-OUT transactions to ensure the integrity of our staking platform and to prevent practices that may adversely affect our service and the user experience.
Definition of IN-OUT Transactions: An IN-OUT transaction is defined as depositing funds into a BERSTAKE LTD account and then withdrawing these funds without engaging in any staking activities. Such transactions bypass the intended use of our platform and impose unnecessary operational and transactional costs.
Requirement for Staking Before Withdrawal: Users are required to participate in at least one of our staking strategies with their deposited funds before initiating a withdrawal. This policy is designed to encourage meaningful engagement with our staking opportunities and to prevent the platform from being used merely as a pass-through mechanism for funds.
Consequences of Non-Compliance: Should a user attempt to conduct an IN-OUT transaction, BERSTAKE LTD reserves the right to deny the withdrawal request until the user complies with the staking requirement. This measure is to ensure adherence to our platform's intended use and to maintain the sustainability of our services.
Rationale: This policy is instituted to discourage the practice of making deposits followed directly by withdrawals, which not only burdens our system with unnecessary transaction costs but also detracts from the community and value we aim to build through our staking services. By requiring participation in staking activities before withdrawal, we aim to foster a more committed and engaged user base, ensuring the longevity and success of our platform.
Cryptocurrency Transactions
Cryptocurrency Value: At BERSTAKE, we want our users to be aware that Cryptocurrency values are highly volatile. Engaging in buying, selling, or holding Cryptocurrency is inherently risky due to these rapid fluctuations in value.
Transaction Confirmations: All Cryptocurrency transactions are confirmed and recorded by a decentralized network of independent parties, not by BERSTAKE. Once a transaction request is submitted, it is irreversible and handled by this network. We merely facilitate the submission of your transaction request.
Limited Control: BERSTAKE does not have control over the decentralized Cryptocurrency network. As a result, we cannot guarantee the completion or speed of transactions. Delays or failures in transaction confirmations can occur due to reasons beyond our control.
User Responsibility: You are responsible for ensuring the accuracy of your transaction details. Any errors or omissions made during transaction initiation are solely your responsibility. Always double-check transaction details before submission.
DISCLAIMER
Tax Responsibilities: You are solely responsible for determining and fulfilling any tax obligations that arise from your transactions. BERSTAKE LTD ("BERSTAKE") is not liable to determine, report, or remit taxes on behalf of any user or to any authority.
Trading Risks: Cryptocurrency trading is inherently risky. Prior to engaging in trading, consider your financial situation, objectives, experience, and risk tolerance. Only invest what you're willing to lose. If uncertain, seek advice from an independent financial adviser. All content on berstake.com, including market commentary, doesn't constitute financial advice. BERSTAKE is not liable for losses that might arise from your reliance on any of its content.
Potential Undisclosed Risks: While we strive for transparency, there might be risks not explicitly mentioned in our Terms. Always exercise caution and diligence when trading.
System and Internet Risks: Internet-based trading is prone to risks like hardware or software failure, and internet connectivity issues. BERSTAKE doesn't oversee the reliability or constant availability of internet services and hence, isn't responsible for any disruptions, delays, or communication failures stemming from internet issues.
Content Accuracy and Changes: While BERSTAKE takes reasonable efforts to ensure the accuracy of its website content, it doesn't guarantee it. BERSTAKE isn't liable for any damages, losses, or inconveniences stemming from content inaccuracies, or from sudden changes in content or any inability to access the website. The website content can change without prior notice.
Changes to These Terms
These Terms of Use are subject to change periodically. You will be notified of any changes made by posting the updated Terms on the BERSTAKE Website, official social media accounts, and BERSTAKE App. Any amendment of Terms of Use becomes effective and applicable 7 days after the amendment is posted. Changes addressing new functions of BERSTAKE Services or changes made for legal reasons are effective immediately. Your use of the BERSTAKE Services following the effective date of such changes constitutes your acceptance of such changes. You must discontinue using the BERSTAKE Services if you do not agree to any amended Terms.
In Case of Errors or Questions
If you suspect any discrepancies in your account history or need further details about a transaction, please contact us promptly. To aid us in addressing your concerns:
Prompt Reporting: Notify us at support@berstake.com within sixty (60) days from the date the questionable event was recorded in your account history.
Provide Essential Details:
Your username and the email associated with your account.
A clear description of the suspected error or the transaction in question.
The exact date and amount related to the suspected error.
Investigation Process: We may take up to thirty (30) days to investigate your concern. If it's determined that we need this time:
We will provisionally credit your account with the disputed amount within ten (10) business days. This ensures you can access these funds during our investigation.
Should we conclude that no error occurred, we will provide you with a written explanation. You are entitled to request the documentation we relied upon during our investigation.
Contact Information
For questions or concerns regarding this Agreement:
E-Mail: info@berstake.com
Postal Address:
BERSTAKE LTD
15 Windsor Road, Waterlooville,
PO7 6BA,United Kingdom
Company Registration Details
Registration Number: 15026712
Nature of Business: 66300 - FUND MANAGEMENT ACTIVITIES
Initial Capital: £ 5,000,000