700bit Terms and Conditions
Please read these terms carefully before using this platform — they define your rights and responsibilities.
Table of Contents
- 1. Definitions and Interpretation
- 2. Account Registration and Eligibility
- 3. Account Verification and KYC
- 4. Deposit and Withdrawal Policy
- 5. Bonuses and Promotional Offers
- 6. Gaming Rules
- 7. Prohibited Activities
- 8. Responsible Gaming
- 9. Privacy and Data Protection
- 10. Limitation of Liability
- 11. Account Suspension and Closure
- 12. Changes to Terms and Conditions
Definitions and Interpretation
In these terms and conditions, the following words and phrases are used with the meanings stated below:
- "Platform" refers to the 700bit website and all associated services.
- "User" or "Member" refers to any person who is registered on the platform and uses its services.
- "Account" refers to each user's individual registered profile.
- "Bonus" refers to any promotional credit, cashback, or reward granted by 700bit.
- "Wagering Requirement" refers to the condition specifying how many times the bonus amount must be wagered before it can be withdrawn.
- "KYC" (Know Your Customer) refers to the identity verification process.
- "BDT" or "৳" refers to the Bangladeshi Taka.
These terms and conditions are governed by the applicable laws of Bangladesh. In the event of any dispute, the version written in Bengali shall be considered final.
Account Registration and Eligibility
The following eligibility requirements must be met to register on the 700bit platform:
Age Requirement
Registration Terms
- Each individual may open only one account. Multiple accounts are prohibited.
- All information provided at the time of registration must be truthful, accurate, and complete.
- Keeping the account password confidential is the user's own responsibility.
- Transferring or selling the account to a third party is strictly prohibited.
- Any changes to account details must be reported to the platform's support team immediately.
Residency Requirement
This service is operated for individuals residing in Bangladesh. Citizens or residents of countries where online gaming is legally prohibited may not use this platform.
Account Verification and KYC
700bit conducts a user identity verification (KYC) process to ensure a safe and transparent gaming environment. The following documents may be requested before a withdrawal is made or at any time as needed:
- Government-issued photo identification (National ID card, passport, or driving licence)
- Proof of current address (utility bill or bank statement — issued within the last 3 months)
- Proof of ownership of the payment method used
Withdrawal requests will not be processed until KYC verification is complete. 700bit complies with anti-fraud and anti-money-laundering policies. All information provided for verification is stored with the highest level of security.
Deposit and Withdrawal Policy
Deposit Rules
The following payment methods are supported for depositing funds at 700bit: bKash, Nagad, Rocket, Upay, and bank transfer.
- The details provided at the time of deposit must match the registered information on the account.
- Deposits through third parties are not accepted — only payment methods registered in the account holder's name may be used.
- If a deposit transaction fails, please contact the relevant payment provider; 700bit is not responsible for transaction failures.
Withdrawal Rules
- Withdrawals can only be made to the same payment method used for the deposit.
- Withdrawal requests may be delayed or rejected if KYC verification has not been completed.
- 700bit reserves the right to cancel withdrawal requests due to incomplete or false information.
- While a withdrawal is being processed, the relevant amount will be placed on hold from the account balance.
- Withdrawal processing times may increase due to technical issues, bank holidays, or exceptional circumstances.
Bonuses and Promotional Offers
Welcome Bonus
700bit offers a welcome bonus for new members:
Wagering Requirement
The wagering requirement for the welcome bonus is 15x. This means you must wager 15 times the bonus amount before the bonus funds can be withdrawn.
- Bonus balance cannot be withdrawn before the wagering requirement is met.
- Bonuses have a specific expiry period — if the period lapses, the bonus will be forfeited.
- Separate terms may apply to each promotion.
- A bonus is applicable only once per account. Attempting to claim bonuses from multiple accounts may result in account cancellation.
VIP Cashback Program
Weekly cashback is available across four VIP tiers at 700bit:
- Bronze: up to 0.4% weekly cashback
- Silver: up to 0.8% weekly cashback
- Gold: up to 1.1% weekly cashback
- Platinum: up to 1.5% weekly cashback
Progression to a higher tier depends on gaming activity and engagement on the platform. 700bit reserves the right to change VIP terms and conditions.
General Bonus Policy
- 700bit reserves the right to modify, suspend, or cancel bonus offers at any time.
- If bonus misuse or fraudulent activity is detected, the relevant bonus and any winnings derived from it will be forfeited.
- Bonus balance and real balance are tracked separately.
Gaming Rules
Various types of games are available on the 700bit platform, including slot games, live casino, sports betting, and others. Specific rules apply to each game category.
- Game outcomes are entirely controlled by a Random Number Generator (RNG), which ensures fair play.
- If a game is left incomplete due to a technical error, 700bit will attempt to restore the game from the last saved state.
- In the event of a dispute over a game result, the game provider's server logs will be considered as final evidence.
- If the network connection is interrupted, active bets will be settled according to the existing rules.
- Minimum and maximum bet limits are set out in the individual rules of each game.
Games from multiple leading providers are available on the 700bit platform, including Pragmatic Play, Evolution Gaming, PG Soft, JILI, Spribe, Microgaming, NetEnt, and Ezugi.
Prohibited Activities
The following activities are strictly prohibited on the 700bit platform and may result in account cancellation and forfeiture of all balances:
- Operating multiple accounts by the same individual
- Providing false or incorrect identity information
- Placing coordinated bets with the intent to exploit the bonus system
- Misusing chargebacks or payment disputes
- Attempting to gain unauthorised access to or modify the platform's systems or software
- Placing bets using automated software or bots
- Fraudulent activity against other users
- Attempting to conduct money laundering or illegal financial transactions through the platform
Responsible Gaming
700bit is committed to ensuring responsible gaming. Online gaming is a form of entertainment — it should never be considered a source of income.
- Users can set their daily, weekly, or monthly deposit limits.
- A temporary account lock facility is available to take a personal break.
- A permanent self-exclusion request can be made if gaming problems are experienced.
- If gaming addiction is suspected, support is available through 24/7 live chat.
For more information on responsible gaming, visit our Responsible Gaming page.
Privacy & Data Protection
700bit gives the highest priority to protecting users' personal information. All data is secured through SSL encryption technology.
- Information collected at the time of registration is used solely for the purpose of providing services and verifying identity.
- Personal information is not sold or transferred to third parties without the user's consent.
- In cases of legal obligation, information may need to be provided to the relevant authorities.
- Users may request correction or deletion of their stored information.
To learn about our complete privacy policy, please visit the Privacy Policy page.
Limitations of Liability
700bit will not be held liable in the following situations:
- If a game is left incomplete due to loss of internet connection or network issues
- Losses caused by failure of third-party systems or payment gateways
- Problems arising from faults or malware on the user's own device
- Losses arising from disclosing account login credentials to others
- If service is disrupted due to unexpected technical errors or server downtime
- Force majeure situations (natural disasters, government directives, etc.)
In the event of any dispute, the maximum compensation will be limited to the original amount of the transaction in question.
Account Suspension & Closure
Account Suspension by 700bit
700bit may suspend or close an account without prior notice in the following situations:
- If a breach of terms or fraudulent activity is detected
- If KYC verification fails or evidence of providing false information is found
- If operating multiple accounts is confirmed
- If there has been no activity on the account for an extended period (generally more than 12 months)
Account Closure by User
Any user may request to close their account at any time. To do so, contact us via 24/7 live chat or email. All existing balances will be settled in accordance with the withdrawal policy before the account is closed, subject to conditions.
Changes to Terms
700bit reserves the right to change, amend, or update these terms and conditions at any time. In the event of changes:
- For significant changes, notice will be provided via the registered email or on the platform.
- The new terms applicable from the date of change will be published on this page.
- Continued use of the platform after any changes will be considered acceptance of the new terms.
- If you object to the new terms, you may request to close your account.
Contact
For any questions or complaints regarding these terms and conditions, please contact us:
- 24/7 Live Chat: Log in to the site and click the chat icon
- Email: [email protected]
Our support team is ready to assist in Bengali 24 hours a day, 7 days a week.