At a glance
- Confirm payment methods and wallet controls before activation.
- Payment detection, confirmation, reconciliation, and fulfilment are separate steps.
- Network conditions, issuer controls, and customer refund obligations still matter.
- The engagement defines responsibilities and fees.
What BitSettle is
BitSettle is a payment-infrastructure service operated by Bitcoin Lawyer LLC. The engagement identifies the payment methods, checkout integration, hosting, monitoring, and records included in the service.
An on-chain watch-only setup can receive using public wallet details while the merchant retains signing keys. Lightning, hot wallets, and node permissions require separate assessment. A method appearing in the technical reference does not establish that it is enabled, tested, or available for a particular merchant.
What BitSettle is not
The BitSettle service does not provide a bank account or exchange account. We do not offer to take possession of merchant seed phrases or private keys. The receiving wallet, access permissions, and any third-party dependency must be identified in the agreed configuration.
The BitSettle technical service does not itself include legal, tax, accounting, or investment advice. Any separate professional engagement has its own scope and responsibilities.
No advice
All content on the BitSettle website and within the Services is provided for general information only. It is not a substitute for advice from a qualified professional. Decisions about accepting, holding, converting, or reporting cryptocurrency should be made with your own legal, tax, and financial advisors, taking your jurisdiction and circumstances into account.
Risks of cryptocurrency payments
Accepting cryptocurrency and stablecoin payments involves risks that you should understand before using the Services, including:
- Price volatility. The value of Bitcoin and other assets can change rapidly. Stablecoins such as USDT aim to track a reference value but may deviate from it.
- Irreversibility. Confirmed blockchain payments do not have a card-style reversal process. Funds sent to the wrong address or on the wrong network may be unrecoverable.
- Issuer controls. USDT and other issuer-backed stablecoins have centralized issuers that may freeze, blacklist, or otherwise affect balances, which is outside our control.
- Network conditions. Confirmation times, fees, congestion, and chain reorganizations can affect when and how a payment settles.
- Self-custody responsibility. Wallet security, access, backups, and recovery require an explicit plan. Merchant-controlled wallets remain the merchant’s responsibility; any agreed operating duties are set out in the engagement.
No guarantees
We do not guarantee that the Services will be uninterrupted, error-free, or that payment detection will be timely or complete in every circumstance. We do not guarantee the conduct of third-party networks, node providers, or stablecoin issuers. The Services are provided “as is” and “as available,” as described in our Terms of Service.
Compliance is yours
You are responsible for determining and meeting the legal, tax, licensing, and regulatory obligations that apply to your acceptance of cryptocurrency payments in your jurisdiction. The availability of the Services in your location does not imply that a particular use is lawful there.
How the documents fit together
Our Terms of Service set out the agreement that governs your use of BitSettle. Our Privacy Policy explains how we handle personal information. These legal disclosures provide context and risk information. Where a separate order or engagement applies to your use of the Services, its specific terms govern that engagement.
Contact
Bitcoin Lawyer LLC is incorporated in Sheridan, Wyoming and operates from Buenos Aires, Argentina. For legal questions, write to contact@bitsettle.io.