User’s Term of Use

Term of Use

LAST UPDATE: 4/25/2020

By signing up to use our website through, you agree that you have read, understood, and accepted this Agreement's terms and conditions. If you do not meet the requirement, you must not access or use the Site or the Services.

“Loanypto Account”   This means a user account established by the Company in your name to use the Services and store Funds made available through the Loanypto website.

·        The Loanypto Account incorporates any virtual wallets established by the Company to access services on Loanypto.

·        “Loanypto Website”   stands for a lending platform named Loanypto with the following address:

·        “Loanypto”               means the crypto loan offered by MRMGROUP based on BIXBCOIN payments that allow users to acquire a loan & earn a return on the BIXBCOIN held in the Loanypto Account as collateral and according to these Terms.

·        “Loanypto Balance”   means the amount of BIXBCOIN in the customer’s Account.

·        “BIXBCoin” or “BIXB”                means the digital currency created in 2020 as described in the whitepaper “BIXBCoin: A Peer-to-Peer Digital Cash System” by MRMGROUP.

·        “BIXB Balance” means the total amount of BIXBCoin in the customer’s Loanypto Account.

·        “Cryptocurrency Account “               means any Cryptocurrency address or account owned, controlled, or operated by you that is maintained outside of the Services, and is not owned, controlled, or operated by MRMGROUP.

·        “Funds “         means the amount of BIXBCoin in your Loanypto wallet.

·        “Interest Rate”  means the interest rate applicable to the frozen collateral during a loan plan on the Loanypto Website.

·        “Total Balance”                 means the aggregate total amount of the customer’s BIXBCoin Balance held in its Loanypto Account.



1. Terms of Service

These Terms and Conditions and any terms expressly incorporated herein (the “Terms”) apply to your access to and use of the Loanypto website provided by MRMGROUP. (“MRMGROUP,” the “Company,” “we, “or “us “).  These Terms apply to the wallet, Lending Platform, and crypto services provided by MRMGROUP (collectively, our “Services”) to you as the user (the “Agreement”).

2. Eligibility

The Company may not make the Services available in all markets and jurisdictions and may restrict or prohibit the use of the Services from certain jurisdictions (“Restricted Jurisdictions”). The list of Restricted Jurisdictions is contained in Annex 1 (Restricted Jurisdictions), which the Company may update from time to time.

If you are registering to use the Services on behalf of a legal entity, you represent and warrant that (i) such legal entity is duly organized and validly existing under the applicable laws of the jurisdiction of its organization; and (ii) you are duly authorized by such legal entity to act on its behalf.

You further represent and warrant that you: (a) are of legal age to form a binding contract (at least 18 years old); (b) have not previously been suspended or removed from using MRMGroup Services; (c) have full power and authority to enter into this agreement and in doing so will not violate any other agreement to which you are a party; (d) are not located in, under the control of, or a national or resident of (i) any Restricted Jurisdiction, or (ii) any country to which the United States has embargoed goods or services; (e) are not identified as a “Specially Designated National;” (f) are not placed on the US Commerce Department’s Denied Persons List; (g) will not use our Services if any applicable laws in your country prohibit you from doing so in accordance with these Terms; (h) you are not a citizen or resident of a sanctioned country according to the up-to-date lists of the US Office of Foreign Assets Control (OFAC), the United Nations, the European Union, and any EU Member State, the UK Treasury; and (i) meet all eligibility requirements for the Services at the time of using any Services.

The Company may condition your access or continued access to certain Services (or features of those Services) by imposing eligibility requirements. The Company will keep you informed of these on the Loanypto Website. On an ongoing basis, the Company may require that you demonstrate to us that you continue to meet these requirements. The Company’s decisions concerning eligibility are final.

3. Loanypto Account

1.        Loanypto Account information and security. To receive the Services, you must create an account and provide any information requested by the Company. When you create an account, you agree to

(a) create a strong password;

(b) Provide a password that you do not use for any other website or online service;

(c) maintain and promptly update your account information;

(d) maintain the security of your Loanypto Account by protecting your password and restricting access to your Loanypto Account;

(e) promptly notify us if you discover or otherwise suspect any security breaches related to your Loanypto Account; and

(f) take responsibility for all activities under your Loanypto Account and accept all risks of any authorized or unauthorized access to your Loanypto Account to the maximum extent permitted by law.

2.        Number of Loanypto Accounts. The Company may limit the number of Loanypto Accounts you hold at its sole discretion.

3.        Loanypto Account Balances. The Loanypto will display information about your Total Balance. You must have a sufficient balance in your Loanypto Account to utilize our Services and submit any transactions via Loanypto. Any available credit must be enough to cover the total value of any requested transaction and any applicable fees.

4. General Obligations

This Section 4 applies to (i) your purchase of loan plans via Loanypto; and (ii) any transaction in which you load Funds into your Loanypto Account from your External Account or transfer Funds from your Loanypto Account to an External Account.

1.        Conditions and Restrictions. At any time and in our sole discretion, we may refuse any package order submitted via the Services or impose any other conditions or restrictions upon your use of the Services for funding your Loanypto Account.

2.        Accuracy of Information. You must provide any information required when creating Loanypto Account or when prompted by any screen displayed within the Services. You represent and warrant that any information you provide via the Services is accurate and complete.

3.        Cancellations. You may not cancel a purchase or package sale order once initiated via the Services and executed by the Company.

4.        Insufficient Funds. You may not be able to start a loan plan unless you transfer sufficient funds to your Loanypto wallet that also covers the blockchain fees.

5.        Taxes. You are responsible for determining what taxes apply to the trades you complete via the Services. Your responsibility is to report and remit the correct tax to the appropriate tax authority. You agree that the Company is not responsible for determining whether taxes apply to your trades or collecting, reporting, withholding, or remitting any taxes arising from any transactions.

5. LOANYPTO Account Funds

1.        Funding your LOANYPTO Account. You may deposit funds into your LOANYPTO Account by using an External Account. The Company is not responsible for any External Account fees or the management and security of any External Account. You are solely responsible for your use of any External Account, and you agree to comply with all terms and conditions applicable to any External Account. The timing associated with a load transaction will depend partly on the performance of third parties responsible for maintaining the applicable External Account. The Company makes no guarantee regarding the time it may take to load Funds into your LOANYPTO Account. You will receive a loan equivalent to 70% of your deposit.

2.        Balance Held in Your LOANYPTO Account. The balance held in your LOANYPTO Account is exclusively for purchasing a loan package or withdrawal to your approved External Account. Operations of the sale of loan packages haven’t any transactional fees in LOANYPO. The Company does pay interest only on collateral, not the balances held in your account. Loanypto takes complete control of customer assets when deposited as the loan collateral. Loanypto storage wallet provided by MRM Group protects these deposits. 100% of your funds will be blocked as collateral during the plan. Immediately after the end of your contract, your asset will be released automatically.

3.        Transferring Funds to an External Account. Provided that the balance of Funds in your LOANYPTO Account is more significant than zero, you may transfer any amount of Funds, up to the total amount of Funds in your LOANYPTO Account, from your LOANYPTO Account to an External Account, less any fees charged by the Company for such transactions as per the Fee Schedule at the time of your request.

4.        Load/Transfer Authorization. When you request that we load Funds into your LOANYPTO Account from your External Account or request that we transfer Funds to your External Account from your LOANYPTO Account, you authorize the Company to execute such transaction via the Services by your order and such requested amounts.

5.        Rejected Transactions. In some cases, the External Account may reject your Funds or may otherwise be unavailable to receive your Funds, whether for technical, operational, or other reasons. You agree that you will not hold the Company liable for any damages resulting from such rejected transactions.

6. Sale and Purchase of Loan Packages

1.        Purchases. You may use the Funds in your LOANYPTO Account to purchase loan plans made available by the Company via the LOANYPTO website.

2.        Sale of Loan Plans. You may not sell your loan plans to any third parties, and you will be responsible for paying your installment on the maturity date in your LOANYPTO Account.

3.        Authorization. When you submit an order via the LOANYPTO and confirm to buy a loan plan, you authorize the Company to execute a transaction about such loan plan by such order and charge you any applicable fees (as described in Section 10).

4.        Prices and Availability. All prices are final once Company provides a loan plan. All provided loan plans by the Company are subject to availability, and we reserve the right to discontinue the sale and purchase of Lending Packages without notice.

5.        Purchase Quotes. Before completing your purchase from the Company, we will notify the number of packages you intend to purchase and the number of Funds you will be required to pay to the Company to receive such services. You agree to comply with any terms and conditions provided within such notice to complete your purchase transaction.

6.        Loan rates. The Company will attempt to execute the lending fees based on a commercially reasonable basis. You agree that the loan rate information made available via our Services may differ in future offers.

7.        Errors. In the event of an error, whether via our Services, in a purchase order confirmation, in processing your purchase, or otherwise, we reserve the right to correct such error and revise your purchase transaction accordingly (including charging the correct price) or to cancel the purchase and refund any amount received. Your sole remedy in the event of an error is to cancel your purchase order and obtain a refund of any amount charged.

8.        Payment Method. The only valid payment methods specified by us may be used to purchase Loan Plans. The payment method in LOANYPTO is recently based on BIXBCOIN payments, and the LOANYPTO platform does not grant any other cryptocurrency payments.

7. Custody of your BIXBCOIN

1.        Nominee. You agree and authorize the Company to hold your BIXBCOIN asset on your behalf, and you will have a beneficial right to them. The Company agrees that you will own the rights to the financial value of your collateral while you pay your installments based on these terms.

2.        Custody. BIXBCOIN amount in your LOANYPTO Account will be held for safekeeping by the Company or by any other institution appointed by the Company which provides services for the custody of BIXBCOIN. There will be no contractual relationship between you and any sub-custodian we may nominate.

3.    Virtual account. BIXBCOINs held by the Company on your behalf will be stored in the same wallet you initially had deposited your coins. You can see the amount of BIXBCOIN we hold as collateral through your Loanypto account and BIXBCoin explorer, but you will not have any access until maturity.

8. LOANYPTO Lending Packages

1.        Lending Packages. You may use BIXBCOIN in your LOANYPTO Account to access the Loan services made available via the LOANYPTO website:

The Company may add additional categories of loan packages, remove existing packages, or change some loan plans from time to time without any prior announcement. It doesn’t include users’ packages which are started before making the changes.

2.        Access to LOANYPTO Packages. To access LOANYPTO packages, you must first load Funds into your LOANYPTO Account. You may only access LOANYPTO packages on the website designated for the LOANYPTO service. You may not access LOANYPTO packages directly with the Loanypto website without registration.

3.        LOANYPTO Balance: You may select a loan plan up to your BIXB Balance to be purchased in LOANYPTO via the LOANYPTO website.  The amount of BIXBCOIN transferred into LOANYPTO will be reflected in the customer’s LOANYPTO Balance.

4.        Collateral Return. LOANYPTO allows you to earn a return on the collateral of your selected loan plan based on the specific rate of each loan package announced initially. The return will accrue based on BIXBCOIN and be monthly transferred to your LOANYPTO account. Collateral interests will be paid based on BIXBCOIN, and any increase or decrease in the value of BIXBCOIN doesn't affect it.

5.        Execution of orders. You agree that by accessing LOANYPTO, you authorize the Company to execute requests on your behalf placed through the LOANYPTO website. Under no circumstances is the Company acting as a broker/dealer, financial advisor, or investment manager about any LOANYPTO services.

6.        Third-Party Providers. By placing BIXBCOIN into LOANYPTO, you agree and authorize the Company to place such cryptocurrency in your LOANYPTO Account sent from third-party providers and cryptocurrency exchanges.

7.        Customer instruction. You consent and agree that the Company may take control of your asset held as collateral. You agree that the company has the right to use your collateral to cover the overdue installments and the penalty caused.

8.        Collateral Interest Rate: The Interest Rate may be subject to revision from time to time at the Company’s determination. We will notify you of any changes to the Collateral Interest Rate via the LOANYPTO Website.

9.        Loan rates. The Loan Rates are expected rates and are variable in different loan packages. You agree that you accept the determined fee included in the selected loan plan by purchasing a package. The package fee will be deducted from the loan amount.

10.                Calculation. You may receive a loan equal to 70% of your deposited amount in BIXBCoin. Installments will be calculated based on the BIXB Price of the same date.

For example:

Suppose you purchase a 10-month loan plan that requires 100 BIXBCoin while the BIXB Price is 10$ at the time.

Deposit Amount= 142.86 BIXBCOIN

Loan Amount= {70% of deposited amount} = 100 BIXBCOIN= 1000 USD

{BIXBCOIN Price at the time= 10 USD}

Installments (USD)= 100 USD



Suppose the BIXB Price decrease to 5 USD on the 3rd month, your invoice in USD will be

{100 USD = 20 BIXB},


In case the price reaches 20 USD on the due date, your invoice will be

{100 USD = 5 BIXB}.



Penalty calculations:

For example;

Suppose you don’t pay the 2nd installment after five days from receiving your invoice. In that case, the invoice will be closed until the next due date. On the next due date, the calculations will be as mentioned below:

 Calculated payment for the 3rd month:

{If BIXBCoin = 10 USD}

(Second installment) + (5% Penalty) + (Third installment)

= 100 USD + 5 USD + 100 USD = 205 USD = 20.5 BIXBCoin

11.                Loan Amount. Once you purchase a loan package, you may receive a loan equivalent to 70% of your collateral. This condition is applied to all LOANYPTO loan packages.

12.                Installments. You consent and agree to pay your installment monthly on the due date. Otherwise, once the unpaid installment amount reaches 20% of the remaining 30% of the loan deposit, the loan will be settled automatically. The remaining 30% of frozen collateral will be confiscated in favor of the company.

13.                Multiple LOANYPTO ACCOUNT. If you have more than one category of LOANYPTO service running simultaneously, returns will accrue separately on each type of service.

14.                Terms. The terms applicable to each category of LOANYPTO service, including but not limited to the Loan Plans on which installment amount should be paid and the relevant Loan Rate, may be changed by the Company from time to time, at its discretion.

9. Withdrawals

1.        Cryptocurrency. You may request the withdrawal of all or part of the BIXBCOIN in your LOANYPTO Account from your LOANYPTO Balance anytime. You agree that you may not be able to withdraw your collateral in any case until the maturity date.

2.        LOANYPTO Withdrawal. You may request withdrawal of all or part of the BIXBCOIN balance in the LOANYPTO account. The asset will be transferred out of LOANYPTO immediately after requesting the withdrawal.

3.        Lender Invoice. You will receive an invoice once you purchase a loan plan.  Also, an invoice will be sent to your provided email monthly to remind your installment date. You agree that you have five days to pay your installments after receiving the invoice. Otherwise, you will be charged a late fee. When your next bill is due, you'll have to make two months of payments plus the late fee.

4.        Transactions. Any transactions are irreversible and final once you have provided the relevant instructions to the Company, and you cannot change or cancel the authorization to the Company to complete any pending or partially completed transactions.

We shall not be liable for any partially completed transactions or delays in processing your instructions. The Company is not responsible for any losses you incur related to a transfer of any assets to an External Account.

10. Fees

1.        Amount of Fees. You agree to pay the Company the fees for transactions completed via our Services (“Fees”) as set out in the fee schedule in Annex 2 (Fee Schedule), which the Company may update from time to time. Changes to the Fee Schedule are effective as indicated in posting the revised Fee Schedule to the Services. They will apply prospectively to any transactions following the effective date of such revised Fee Schedule.

2.        Third-Party Fees. In addition to the Fees, your External Account may impose fees in connection with your use of your designated External Account via the Services. Any fees charged by your External Account provider will not be reflected on the transaction screens containing information regarding applicable Fees. You are solely responsible for paying any fees imposed by an External Account provider.

3.        Payment of Fees. You authorize us, or our designated payment processor, to charge or deduct the Funds in your LOANYPTO Account for any applicable Fees owed in connection with the loans acquired to you via the Services.

4.        Collection-Related Costs. Suppose you fail to pay fees or any other amounts, including your installments owed to the Company under these Terms. In that case, the Company will charge you a penalty to cover the Company’s related costs.

11. Risk Disclosures

1.        Volatility. Crypto Currencies are more volatile relative to most fiat currencies and other assets, and this unpredictability of their price may result in significant loss over a short period. We are not responsible for the Crypto Currencies market, including BIXBCOIN. We make no representations or warranties concerning BIXBCoin’s actual or perceived value and the quality, suitability, usefulness, accuracy, or completeness of data. Therefore, you should carefully consider whether holding BIXBCOIN is suitable for you in light of your financial condition.

2.        Not legal tender. Crypto Currencies and crypto loans are not money or legal tender, are not backed by any government or central banks, and most do not have any underlying assets, revenue stream, or another source of value.

3.        Deposit insurance. No LOANYPTO entity is a bank or depository institution. Your LOANYPTO Account is not a deposit account or a bank account. Your LOANYPTO Account and your crypto asset are not covered by insurance against losses or subject to any Deposit Guarantee Scheme, Federal Deposit Insurance Protection, Securities Investor Protection Corporation protections, or the protections of any comparable organization in other jurisdictions.    

4.        Regulatory status. The regulatory situation of Crypto Currencies is currently unsettled, varies among jurisdictions, and is subject to significant uncertainty. Legislative and regulatory changes or actions relating to Crypto Currencies, crypto loans, or blockchain technology at a domestic, international, or supranational level may adversely affect or restrict, as applicable, the use, transfer, exchange, and value of Crypto Currencies, as well as the provision of our Services.

5.        Fraud. The nature of Crypto Currencies may lead to an increased risk of fraud or cyberattack, and any losses due to fraudulent or accidental transactions will not be recoverable.

6.        Advice. We do not provide investment advice, and the information coming from us shall not be used as a basis for making decisions about purchasing any loan plan.

7.        Legality. You are responsible for determining whether the use of any of our Services is legal in your jurisdiction, and you shall not use our Services if it is illegal in your jurisdiction to do so. If you are uncertain of the legal treatment, please seek independent legal advice.

8.        Own Risk. You agree that you access our Services and LOANYPTO lending packages at your own risk. This section is not exhaustive and does not disclose all the risks associated with Crypto Currencies. Therefore, you should carefully consider whether such use is suitable for you regarding your circumstances and financial resources. You should be aware that you may sustain a total loss of the Funds in your LOANYPTO Account.

9.        Internet transmission risks. You acknowledge that there are risks associated with utilizing an Internet-based platform, including, but not limited to, the failure of hardware, software, and Internet connections. You acknowledge that the Company shall not be responsible for any communication failures, disruptions, errors, distortions, or delays you may experience when transferring via the Services, however caused.

12. Electronic Notices

1.        Electronic Delivery of Communications. You agree and consent to receive electronically all communications, invoices, agreements, documents, notices, and disclosures (collectively, “Communications “) that we provide in connection with your LOANYPTO Account and your use of the Services. Communications include:

(a) terms of use and policies, you agree to include updates to these agreements or policies;

(b) account details, invoices, history, transaction receipts, confirmations, and any other account or transaction information;

(c) legal, regulatory, or statements we may be required to make available to you; and

(d) responses to claims or customer support inquiries filed in connection with your LOANYPTO Account.

Unless otherwise specified in these Terms, we will provide these Communications to you by posting them on the Site, emailing them to you at the primary email address listed in your LOANYPTO Account, and through other electronic communication such as text messages or mobile push notification. You agree that such Communications will constitute sufficient notice of the subject matter therein.

2.        Updating your Information. Your responsibility is to provide us with a valid, accurate, and complete email address and your contact information and keep such information up to date. You understand and agree that if the Company sends you an electronic Communication, but you do not receive it because the primary email address you have provided is incorrect, out-of-date, blocked by your service provider, or you are otherwise unable to receive electronic communication, the Company will be deemed to have provided the Communication to you.

You may update your information by logging into your LOANYPTO Account or contacting our support team at LOANYPTO.

13. Unclaimed Property

Suppose, for any reason, the Company is holding Funds in your LOANYPTO Account on your behalf. If the Company cannot return your Funds to your External Account after a period of inactivity, the Company may report and remit such Funds by applicable unclaimed property laws. We reserve the right to deduct a dormancy fee or other administrative charges from such unclaimed funds, as permitted by applicable law.

14. Acceptable Use

When accessing or using the Services, you agree that you will not violate any law, contract, intellectual property, or other third-party right or commit a tort. You are solely responsible for your conduct while using our Services. Without limiting the generality of the preceding, you agree that you will not:

  • Use our Services in any manner that could interfere with, disrupt, negatively affect or inhibit other users from thoroughly enjoying our Services, or that could damage, disable, overburden or impair the functioning of our Services in any manner;
  • Use our Services to pay for, support, or otherwise engage in any illegal activities; fraud; money-laundering; terrorist activities; or other illegal activities;
  • Use any robot, spider, crawler, scraper, or other automated means or interface not provided by us to access our Services or to extract data;
  • Use or attempt to use another user’s account without authorization;
  • Attempt to circumvent any content-filtering techniques we employ or attempt to access any service or area of our Services that you are not authorized to access;
  • Develop any third-party applications that interact with our Services without our prior written consent;
  • Provide false, inaccurate, or misleading information; or
  • Encourage or induce any third party to engage in any of the activities prohibited under this Section.

15. Feedback and Complaints

If you have any feedback, questions, or complaints, contact us via our ‘Customer Support’ webpage at the LOANYPTO website. When you submit a ticket, please provide us with your name, email address, and any other information that we may need to identify you, your LOANYPTO Account, and the transaction you have feedback, questions, or complaints about.

16. Copyrights and Other Intellectual Property Rights

Unless otherwise indicated by us, all copyright and other intellectual property rights in all content and other materials contained on our website or provided in connection with the Services, including, without limitation, the Company or LOANYPTO logo and all designs, text, graphics, pictures, information, data, software, sound files, other files and the selection and arrangement thereof (collectively, “LOANYPTO Materials“) are the proprietary property of the Company or our licensors or suppliers and are protected by international copyright laws and other intellectual property rights laws.

We grant you a limited, nonexclusive, and non-sublicensable license to access and use the LOANYPTO Materials for your personal or internal business use. Such support is subject to these Terms and does not permit (a) any resale of the LOANYPTO Materials; (b) the distribution, public performance, or public display of any LOANYPTO Materials; (c) modifying or otherwise making any derivative uses of the LOANYPTO Materials, or any portion thereof; or (d) any use of the LOANYPTO Materials other than for their intended purposes. The license granted under this Section will automatically terminate if we suspend or terminate your access to the Services.

17. Trademarks

LOANYPTO,” the LOANYPTO logo, and any other Company product or service names, logos, or slogans that may appear on our Services are trademarks of the Company in all countries. They may not be copied, imitated, or used, in whole or in part, without our prior written permission. You may not use any trademark, product, or service name of the Company without our prior written consent, including any metatags or other “hidden text” utilizing any trademark, product, or service name of the Company. In addition, the look and feel of our Services, including all page headers, custom graphics, button icons, and scripts, is the service mark, trademark, and trade dress of the Company and may not be copied, imitated, or used, in whole or in part, without our prior written permission. All other trademarks, registered trademarks, product names, and company names or logos mentioned through our Services are the property of their respective owners. Reference to any products, services, processes, or other information, by name, trademark, manufacturer, supplier, or otherwise does not constitute or imply endorsement, sponsorship, or recommendation by us.

18. Third-Party Content

In using our Services, you may view content provided by third parties, including links to web pages of such parties, including but not limited to Facebook and Twitter links (“Third-Party Content”). We do not control, endorse or adopt any Third-Party Content and shall have no responsibility for Third-Party Content, including material that may be misleading, incomplete, erroneous, offensive, indecent, or otherwise objectionable. In addition, your business dealings or correspondence with such third parties are solely between you and the third parties. We are not responsible or liable for any loss or damage incurred due to any such dealings, and you understand that your use of Third-Party Content, and your interactions with third parties, are at your own risk.

19. Suspension; Termination; Limitation of Service

In the event of any Force Majeure Event (as defined in Section 25.7), breach of these Terms, or any other event that would make provision of the Services commercially unreasonable for the Company, we may, in our discretion and without liability to you, with or without prior notice, suspend your access to all or a portion of our Services.

We may terminate your access to the Services in our sole discretion, immediately and without prior notice, and delete or deactivate your LOANYPTO Account and all related information and files in such account without liability to you, including, for instance,, if you breach any term of these Terms.

We may also at any time and without liability to you, terminate, suspend, or limit your use of the Services (including but not limited to freezing the Funds your LOANYPTO Account or freezing or closing your LOANYPTO Account, refusing to process any transaction, or wholly or partially reversing, cancelling or voiding any transactions that have been effected) for any reason, including (but not limited to): (a) in the event of any breach by you of these Terms and all other applicable terms; (b) for the purposes of complying with any applicable laws; (c) where the Company suspects