Terms of Service
Please read these terms carefully before using Asomi wallet services.
1. Acceptance of Terms
By accessing or using Asomi ("Service", "Wallet", "Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these terms, please do not use our services.
These Terms constitute a legally binding agreement between you and Asomi, a company registered in the United States. Your use of the Service is also governed by our Privacy Policy, which is incorporated by reference.
Important: Asomi is a non-custodial wallet service. You maintain full control and responsibility for your private keys and digital assets.
2. Description of Service
Wallet Services
Asomi provides a cryptocurrency wallet interface that allows you to:
- Store, send, and receive digital assets
- Connect to decentralized exchanges (DEXs)
- Interact with decentralized applications (DApps)
- Manage multiple blockchain networks
- View transaction history and portfolio analytics
Third-Party Integrations
Our Service integrates with various third-party platforms including:
- Uniswap and PancakeSwap for decentralized trading
- Blockchain networks (Ethereum, BSC, Polygon, etc.)
- Price data providers
- DApp protocols and smart contracts
These integrations are subject to their respective terms of service and we are not responsible for their performance or security.
3. User Responsibilities
Account Security
You are solely responsible for:
- Maintaining the security of your private keys and seed phrases
- Keeping your device and wallet software secure and updated
- Using strong passwords and enabling available security features
- Not sharing your credentials with unauthorized parties
- Reporting any suspected security breaches immediately
Compliance with Laws
You agree to comply with all applicable laws and regulations in your jurisdiction, including:
- Tax reporting requirements for cryptocurrency transactions
- Anti-money laundering (AML) regulations
- Know Your Customer (KYC) requirements where applicable
- Sanctions and export control laws
Warning: Cryptocurrency regulations vary by jurisdiction. It is your responsibility to ensure your use of Asomi complies with local laws.
4. Prohibited Activities
You agree not to use Asomi for any of the following prohibited activities:
- Money laundering, terrorist financing, or other illegal financial activities
- Trading or holding assets that are illegal in your jurisdiction
- Violating any applicable laws, regulations, or third-party rights
- Attempting to hack, disrupt, or damage our Service
- Creating multiple accounts to circumvent restrictions
- Using the Service for commercial purposes without authorization
- Distributing malware or engaging in phishing activities
- Manipulating markets or engaging in fraudulent trading practices
5. Risks and Disclaimers
Cryptocurrency Risks
Trading and holding cryptocurrencies involves significant risks, including:
- Market Volatility: Cryptocurrency prices can fluctuate dramatically
- Technical Risks: Smart contract bugs, network issues, or protocol changes
- Regulatory Risks: Changes in laws may affect cryptocurrency value or legality
- Liquidity Risks: Some assets may be difficult to trade or convert
- Permanent Loss: Transactions are generally irreversible
Service Availability
While we strive for high availability, we cannot guarantee:
- Continuous, uninterrupted access to the Service
- Compatibility with all devices or operating systems
- Error-free operation of all features
- Availability during network congestion or maintenance
Investment Risk Disclaimer: Cryptocurrency trading involves substantial risk of loss. Only invest what you can afford to lose. Past performance does not guarantee future results.
6. Limitation of Liability
To the maximum extent permitted by law, Asomi shall not be liable for:
- Any direct, indirect, incidental, or consequential damages
- Loss of profits, data, or digital assets
- Service interruptions or technical failures
- Third-party actions or security breaches
- Market losses or trading decisions
- Regulatory changes affecting cryptocurrency use
Our total liability to you for any claims related to the Service shall not exceed the amount you paid us in the 12 months preceding the claim.
7. Intellectual Property
All content, features, and functionality of the Asomi Service are owned by us or our licensors and are protected by copyright, trademark, and other intellectual property laws.
License to Use
We grant you a limited, non-exclusive, non-transferable license to use the Service for personal, non-commercial purposes, subject to these Terms.
Restrictions
You may not:
- Copy, modify, or distribute our software or content
- Reverse engineer or attempt to extract source code
- Use our trademarks or branding without permission
- Create derivative works based on our Service
8. Privacy and Data Protection
Your privacy is important to us. Our collection, use, and protection of your personal information is governed by our Privacy Policy, which forms part of these Terms.
Key privacy principles:
- We do not store your private keys or seed phrases
- Personal data is encrypted and securely stored
- We do not sell your information to third parties
- You have rights to access, correct, and delete your data
9. Termination
Termination by You
You may stop using the Service at any time. Since Asomi is non-custodial, you retain full control of your assets even after discontinuing use.
Termination by Us
We may terminate or suspend your access to the Service if you:
- Violate these Terms or our policies
- Engage in prohibited activities
- Pose a security risk to the Service or other users
- Provide false or misleading information
Effect of Termination
Upon termination:
- Your license to use the Service ends immediately
- You remain responsible for all prior activities
- Certain provisions of these Terms survive termination
- Your digital assets remain under your control
10. Dispute Resolution
Governing Law
These Terms are governed by the laws of the State of Washington, United States, without regard to conflict of law principles.
Dispute Resolution Process
Before filing any legal action, you agree to first attempt to resolve disputes through:
- Direct communication with our support team
- Good faith negotiation for 30 days
- Binding arbitration if negotiation fails
Arbitration
Any unresolved disputes shall be settled by binding arbitration under the rules of the American Arbitration Association. The arbitration shall take place in Seattle, Washington.
11. Changes to Terms
We reserve the right to modify these Terms at any time. When we make changes, we will:
- Post updated Terms on our website
- Update the "Last Updated" date
- Notify users of material changes via email or app notification
- Provide reasonable notice before changes take effect
Your continued use of the Service after changes constitutes acceptance of the new Terms.
12. General Provisions
Entire Agreement
These Terms, together with our Privacy Policy, constitute the entire agreement between you and Asomi regarding the Service.
Severability
If any provision of these Terms is found to be unenforceable, the remaining provisions shall remain in full force and effect.
Assignment
You may not assign your rights under these Terms without our prior written consent. We may assign our rights and obligations without restriction.
Force Majeure
We shall not be liable for any failure to perform due to causes beyond our reasonable control, including natural disasters, government actions, or technical failures.
Contact Information
If you have questions about these Terms of Service, please contact us:
Email: contact@asomivalicanters.com
Phone: +1 (646) 406-6829
Address:
One Vanderbilt Ave. 65th Fl
New York, NY 10017
United States
Last updated: January 21, 2025