Effective Date: April 2nd, 2024
Last Updated: April 2nd, 2024
Welcome to MAGAbit. These Terms & Conditions (“Terms”) govern your access to and use of the MAGAbit platform, products, and services. By enrolling in MAGAbit, purchasing any membership, or using our website, you agree to comply with and be bound by these Terms.
1. Platform Overview
MAGAbit is a performance-based cloud services platform. Members (“Independent Cloud Partners”) may earn service credits or fiat-based commissions through participation in our referral structure and access optional performance-related bonus pools. MAGAbit does not offer investments, financial products, or guaranteed income.
2. Eligibility
You must be at least 18 years old and capable of entering a legally binding agreement in your jurisdiction. MAGAbit may reject, suspend, or terminate any account at its sole discretion for violations of these Terms or applicable law.
3. Products & Services
Your participation in MAGAbit may include:
A one-time Enrollment Fee ($399)
A recurring Monthly Membership Fee ($47/month)
An optional Patriot Product ($1,000), which grants share access to the Patriot Bonus Pool
You understand these are access-based services and not tangible goods.
4. Payouts
Cloud service rewards are based on actual platform usage and your participation in the referral system.
Fiat commissions (if applicable) are issued based on performance bonuses as outlined in our Compensation Plan.
MAGAbit does not offer account or billing management services. All benefits are delivered directly to the account details you provide. You are solely responsible for account security and accuracy.
5. Refund Policy
MAGAbit’s full refund policy is available at (Refund & Billing Policy) and summarized as follows:
Enrollment and Patriot Product purchases are non-refundable once access is granted.
Monthly Membership Fees are non-refundable after the billing cycle begins.
Chargebacks may result in account suspension and forfeiture of earned commissions.
Refund exceptions may be made within 7 days in the event of duplicate charges or verified technical issues.
6. Account Termination
MAGAbit reserves the right to suspend or terminate your account without notice for any reason, including but not limited to: chargebacks, false information, fraud, abuse of the compensation plan, or violation of applicable laws.
7. Intellectual Property
All MAGAbit branding, logos, website content, compensation plan materials, and platform features are the property of MAGAbit and may not be copied, distributed, or used without written permission.
8. No Financial Advice
Nothing on the MAGAbit platform constitutes financial, tax, legal, or investment advice. All participation is at your own discretion and risk.
9. Taxes
You are responsible for understanding and fulfilling any tax obligations related to your MAGAbit earnings in your local jurisdiction.
10. Modifications
MAGAbit reserves the right to modify these Terms, pricing, or platform features at any time. Continued use of the platform following any changes constitutes your acceptance of the updated Terms.
11. Contact Us
If you have any questions about these Terms or your account, please contact SUPPORT@MAGAbit.CLUB