SAVL Wallet is a self-custody wallet for Digital Assets. It gives you full control and responsibility for your assets, private keys, and transactions. By using SAVL Wallet, you accept sole responsibility for your actions and any potential losses.
I. TERMS ACCEPTANCE
II. CHANGES TO TERMS
The Company can update the Terms at any time due to various reasons. We will notify you of these changes by posting a new version on the Website and App, which will be effective within five business days. If you continue to use the Services, it means you accept the modified Terms. If you disagree, stop using the Site and Services. We may change or discontinue any part of the Site or Services without notice or liability at our discretion.
You may use the Services if you meet the age requirement, are not barred under applicable law, and agree to these Terms. By using the Site or Services, you represent and warrant that:
IV. ACCOUNT SETUP AND USAGE
Account Setup. Savl, a non-custodial/self-custody wallet service, doesn't require formal registration. Download the app and start using it. Some third-party or advanced Services may require registration and Account creation. If needed, you warrant and represent that:
Unauthorized Use. We reserve the right to suspend or terminate unauthorized Accounts, pending purchase/sale offers, and seek remedies.
Security Alerts. The Company isn't liable for not providing security alerts or any resulting damages or losses, except in cases of gross negligence.
Usage. You acknowledge and represent:
Account Confidentiality. You're responsible for maintaining confidentiality, safeguarding Digital Assets, and transactional activity on your Account.
Account Safety. Notify us immediately at [email protected] with relevant details if any unauthorized access, compromise, or security breach occurs related to your Account.
V. PROPRIETARY RIGHTS
Intellectual Property. We or our licensors own the brand names, trademarks, service marks, trade names, and content of the Website and App. By using the Website, App, or Services, you don't obtain any rights to these properties, and their use must comply with these Terms.
Usage. You may use the Software and its content only for personal, non-commercial use in accordance with these Terms. The Software's code, structure, and organization are protected by intellectual property rights. You agree not to:
Liability. You'll be liable for any loss, damages, costs, or expenses we suffer due to your Prohibited Deeds. Notify us immediately if you commit, or know of any third party committing, Prohibited Deeds, and provide reasonable assistance with our inquiries or investigations.
VI. RISK FACTORS
Market risk. Losses may occur from buying, selling, or trading assets due to market fluctuations. The value of Digital Assets can increase or decrease substantially.
No guaranteed value. We don't guarantee that Digital Assets will maintain a certain value or market liquidity. The value of Digital Assets can drop to zero, and we don't guarantee that you'll be able to sell them to any third party.
No government backing. Unlike fiat currencies, Digital Assets aren't regulated or backed by central banks or governments. They rely on technology and trust, and no entity can protect their value in a crisis or control price fluctuations.
Private key risks. Digital Assets transfers require unique private keys, and losing or destroying a private key results in irreversible loss of access. The Company doesn't have access to private keys and isn't responsible for lost access to personal virtual wallets.
Technological difficulties. Any technical issues experienced by the Company could potentially prevent access or use of a Client's Digital Assets.
Speculative nature. Digital Assets trading is highly speculative and risky. The Company doesn't guarantee any profit from trading or other activities associated with the Site. Carefully consider if holding Digital Assets is suitable for you, depending on your financial circumstances.
Services Availability. The Company doesn't guarantee constant availability of Services. The Company reserves the right to delay, deny, or make unavailable any Services, the Website, or App, at its sole discretion. The Company isn't responsible for unavailability due to any reason, including force majeure events. Such events may cause delays in transaction processing, and the Company isn't liable for any resulting consequences.
Wallet Transactions. The Wallet is an interface for your Blockchain wallets, allowing you to access your wallets and send Digital Assets within the respective Blockchains. The Company never takes custody of Digital Assets traded via the Wallet and may change the list of supported Digital Assets at its discretion.
Purchasing Digital Assets with Credit/Debit Cards. When using SAVL Wallet for Digital Asset purchases via credit or debit cards, a third party converts the amount and credits your wallet. You acknowledge and agree:
Third-Party Payment Providers. You may need to provide information and/or documentation to third-party providers and payment processors for Anti-Money Laundering (AML) or Know Your Client (“KYC”) purposes.
Decentralized Applications (“dApps”), Decentralized Exchanges (“DEX”) & Cross-Chain Swaps. When accessing or using dApps or DEX, including embedded functions within the Services, you acknowledge and agree:
Know Your Transaction (“KYT”) Wallet & Address Checks Service. When purchasing and using KYT services to assess the risk level of transacting with a specific wallet address or individual, you agree that:
Staking Service. When accessing or using the Staking Service, where a third party may stake certain Digital Assets on your behalf ("Staked Digital Assets") to act as a transaction validator on the applicable blockchain network, you acknowledge and agree that SAVL Wallet is not responsible for:
Violation of these rules may result in immediate loss of social functionality, potential account closure, and asset transfer from our platform.
NFT Storage & Content Licenses. If you store non-fungible tokens (NFTs) in SAVL Wallet, you represent that you have legal rights or authorization to store the NFT Content associated with the NFTs. You grant us a license to access, use, host, and modify the NFT Content for the operation and provision of services of SAVL Wallet. We are not responsible for monitoring NFTs and NFT Content for intellectual property infringement. It is your responsibility to conduct necessary due diligence. In case of disputes related to NFTs and NFT Content, you release us from any claims and damages.
VIII. THIRD-PARTY SERVICES
Third-Party API Providers. Cryptocurrency exchanges and information provided through our Services are executed by Third Party Service providers. Savl does not directly exchange virtual currencies or provide price data.
Geo-Blocking and Security. Access to Third Party API Providers may be restricted for certain countries or states. While we implement security measures, we cannot guarantee protection against all security threats. We and our third-party providers are not responsible for unauthorized access, use, or disclosure of data.
Accuracy of Information. While we aim to provide accurate real-time data, we do not guarantee the accuracy of information from third party providers. Users should verify information before making decisions. We assume no liability for user decisions based on such information.
Third-Party Software and Services. We do not control the terms, policies, or performance of third parties. We are not responsible for pricing, exchange rates, or customer support provided by third-party software, sites, or services. Transactions on third-party platforms are governed by their Terms of Service.
Third-Party Websites. Our Site and/or Services may contain links to Third Party Websites. These websites have their own terms and privacy policies. Your use of Third Party Websites is governed by their terms and conditions.
Disclaimer for Third-Party Websites. We do not endorse or assume responsibility for Third Party Websites. We are not liable for their behavior, opinions, or content. Any transactions with Third Party Websites are at your own risk.
IX. YOUR RESPONSIBILITIES
No Criminal Activity. Engaging in criminal or fraudulent activity through the use of our Website, App, and Services is strictly prohibited. This includes fraud, money laundering, illegal gambling, terrorist financing, and hacking. Any suspicious or prohibited activity may result in the cancellation, suspension, or freezing of your Account. You are liable for any losses incurred by the Company or third parties due to non-compliance or violation of these rules.
Taxes. You are solely responsible for any applicable taxes related to your transactions on our App and/or Services. We do not provide tax advice, and it is your responsibility to report and remit taxes to the relevant authorities.
Security of Username, Password, and Wallet. You are responsible for the security of your username, password, digital wallet addresses, and private keys. We are not liable for any loss or theft of this data due to viruses or malware on your device. Report any hacking attempts or security breaches immediately.
Recovery Phrase. If you lose access to your Wallet, you may need to use a recovery phrase to restore it. You are solely responsible for retaining and securing your recovery phrase. Losing your recovery phrase may result in the inability to access or transfer your cryptocurrency. We are not responsible for the security of your recovery phrase.
Beware of Viruses, Phishing, and Address Poisoning. Use reputable virus screening software and be cautious of electronic messages purporting to be from us. We are not liable for any damage or interruptions caused by viruses or phishing attacks. Log into your Account through the official App and avoid unauthentic communications.
Compliance with Regulations. It is your responsibility to ensure that your use of our Website, App, and Services complies with applicable laws, regulations, and directives. You confirm that you will not engage in unlawful, criminal, or fraudulent activity or prohibited transactions. The Digital Assets exchanged and received through our Services must also be used lawfully.
X. SUSPENSION, TERMINATION & CANCELLATION
Account Termination or Suspension. We have the right to restrict, suspend, or terminate your Account, deny access to the Website and/or App, cancel or reverse transactions, and take legal measures at our sole discretion. We may take these actions if we reasonably suspect any of the following:
Other Reasons for Suspension or Termination. We reserve the right to suspend or terminate your access to your Account and/or Services for any other reason not explicitly listed.
Consequences of Suspension or Termination. If we suspend or terminate your access, you must refrain from using your Account and the Services. In case of termination or suspension by us, we may cancel pending exchange transactions of Digital Assets.
Client Initiated Termination. You have the right to terminate the Client agreement and close your Account by sending an email to us. The termination will take effect upon the closing of your Account, which occurs within ten (10) calendar days after we receive your email. Termination only affects your account information within our software and does not impact wallets in other Blockchains connected to your Account. You remain responsible for any activity on your Account until it is closed.
Cancellation of Pending Transactions. After termination or suspension by us or your termination email, we reserve the right to cancel pending exchange transactions of Digital Assets.
Other Rights and Remedies. Termination of the Client agreement does not prejudice any other rights or remedies available to either party for the breach or any other breaches.
XI. WARRANTIES & INDEMNIFICATION
No Warranty. Your use of the Company Services is at your own risk. The Company does not guarantee the accuracy, completeness, or uninterrupted availability of the services. The Company also does not guarantee the absence of viruses or bugs in the software or server associated with the services. You bear the entire risk of using the Company Services.
Limitation of Liability. The Company, its affiliates, and service providers shall not be liable for any direct, indirect, special, incidental, or consequential damages arising from your use of the Company Services. This includes loss of business, profits, revenue, data, contracts, or anticipated savings. The Company is not liable for acts or omissions of your internet service provider or other third parties. Your use of the Company Services is at your sole discretion and risk.
Disclaimers. The Company does not provide financial or investment advice. Any information provided by the Company regarding digital assets is not considered investment advice. The decision to buy or sell digital assets is your own responsibility, and the Company is not liable for any losses incurred. You should consult your own advisors for specific financial guidance.
XII. CLIENT-COMPANY CONTACT
Contacting You. By providing your contact details during registration, you agree that we may contact you directly regarding your use of the Services or other products/services offered by us.
How to Contact Us. If you have questions, feedback, or complaints, you can reach out to our customer support at [email protected] Please include relevant information, such as your name, address, and transaction number, for us to assist you effectively. Note that calls to our customer service may be recorded for quality assurance purposes.
XIII. GOVERNING LAW
Survival. Provisions that are necessary to fulfill their purpose shall survive termination or expiration of the Agreement.