Terms Of Use

Registering an Account

By Registering an account you guarantee that all information you provide is accurate and you have not previously registered an account on BasicIncome.

If a user is found to have more than a single account then funds in both accounts will be frozen and access to both accounts will be prevented. Users will then be banned from receiving or using BasicIncome and its services for an amount of time determined at the discretion of BasicIncome.


Account Termination

BasicIncome reserves the right to freeze, suspend, or terminate accounts for any reason without warning.


Trading goods and services on BasicIncome

BasicIncome is not liable for any of the goods sold on its platform nor is it responsible for ensuring the legitimacy or protecting those who trade BasicIncome. BasicIncome is an open platform that anyone may use and should be treated solely as a medium of exchange without any guaranteed protections.

BasicIncome is NOT responsible if you do not receive goods when you make a purchase. The responsibility for delivering the goods or service relies solely on the seller of that product.


Product Sellers

Product sellers are fully responsible for delivering the goods and services they have promised to provide. They are responsible for resolving any disputes that may occur with customers and accept for responsibility for any misconduct and external issues relating to the delivery as well as the product they are selling.


Changes To The Terms Of Use

These Terms of Use are effective as of August 3, 2018 and will remain in effect except with respect to any changes in its provisions in the future, which will be in effect immediately after being posted on this page.

We reserve the right to update or change our Terms of Use at any time and you should check this page periodically. Your continued use of the BasicIncome after we post any modifications to the Privacy Policy on this page will constitute your acknowledgment of the modifications and your consent to abide and be bound by the modified Terms of Use.


Contact Us

If you have any questions about the Terms of Use, please contact us.