By accessing COSS Wallet App, the visitor and/or the user agree to be bound by these Terms and conditions. These ones may be updated without prior notice. COSS Wallet (Available at Google Play Store & Apple Store) is the flagship product of COSS Group Pte. Ltd.
References in this Agreement to "COSS Wallet", "we", "our" or "us", are to COSS Wallet depending on the context, and references to "you" or “your" are to the person with whom COSS Wallet enters into this Agreement.
By signing up to use an account through cosswallet.com or any of our associated websites, APIs, or mobile applications (collectively the "COSS Wallet Site"), you agree that
You should be aware that the risk of loss in trading or holding Digital Currencies can be substantial. Digital Currency Services are not currently regulated by the Financial Conduct Authority or any other regulator. You should therefore carefully consider whether trading or holding Digital Currencies is suitable for you in light of your financial condition.
The Services provide software tools for users to access and manage various features and functions related to digital assets including tokens, cryptocurrencies, virtual currencies or any other digital assets you own that are supported by the Services (collectively, “Digital Assets”), including interfacing with third party sources for certain information regarding the value of Digital Assets. The Services do not purchase, sell, store or exchange Digital Assets. We do not recommend that you use the Services unless you are familiar with Digital Assets, Blockchain technology and can securely store your own private key. The App includes information about various Digital Assets, however, such inclusion or availability of information does not imply endorsement by COSS Wallet of such Digital Assets or any association with the operators of the Digital Assets. COSS Wallet includes or makes such information available for your convenience only. You understand and accept the inherent security risks of using the Internet.
If you are using our Services on behalf of a business, then you affirm to COSS Wallet that you are authorized to agree to these Terms on behalf of the business.
If you do not agree to these Terms, then you must not use the Services.
The Effective Date of these Terms is set forth at the top of this page. As we add new features or for other legal, business, or regulatory reasons, we may revise or supplement these Terms, at which time we will update the Effective Date We will provide you with advance notice of material revisions to these Terms. We will not make revisions that have a retroactive effect unless we are legally required to do so or to protect other users of the Services. Your continued use of the Services after the Effective Date constitutes your acceptance of these Terms, as amended. As of the Effective Date, the amended Terms supersede all previous versions of agreements, notices or statements about these Terms.
COSS Wallet and its licensors retain full and complete title to all information and materials provided by COSS Wallet and its licensors on or through the Services, including any artwork, graphics, text, video and audio clips, trademarks, logos and other content (collectively, COSS Wallet Content”). For purposes of clarification, COSS Wallet Content is part of the Services. All trademarks are the property of their respective owners.
If you agree to these Terms, then you may download, print and/or copy the Services solely for your own personal use.
Except for content that is in the public domain or unless COSS Wallet provides you with written authorization to do so, you may not:
Although we make reasonable efforts to update the information on the Services, we make no representations, warranties or guarantees, whether express or implied, that the Services are accurate, complete or up to date. Except as required by law, COSS Wallet disclaims any duty to update the information included on the Services. All information on the Services is subject to change without notice.
You do not acquire any right or interest in the Services, except for the limited use right expressly stated in these Terms. If you access and use the App, then COSS Wallet grants you a limited, non-exclusive, and non transferable license to download, install, and use the App for your personal, non-commercial use on a mobile smartphone and/or tablet device owned or controlled by you (your “Device”) on the terms and conditions set forth in these Terms.
You agree to provide us with the information we request for the purposes of identity verification and the detection of money laundering, terrorist financing, fraud, or any other financial crime, including as set out in the identity verification procedures and limits, and permit us to keep a record of such information. You will need to complete certain verification procedures before you are permitted to start using the COSS Wallet Services and to access specific COSS Services, including certain transfers of electronic currency or Digital Currency, and the limits that apply to your use of the COSS Services may be altered as a result of information collected on an ongoing basis.
The information we request may include certain personal information including, but not limited to, your name, address, telephone number, email address, date of birth, taxpayer identification number, government identification number, information regarding your bank account (such as the name of the bank, the account type, routing number, and account number) network status, customer type, customer role, billing type, mobile device identifiers (IMSI and IMEI) and other subscriber status details. In providing us with this or any other information that may be required, you confirm that the information is accurate and correct and you agree to keep us updated if any of the information you provide changes. We will treat this information in accordance with the Data Protection.
*You authorise us to make enquiries, whether directly or through third parties, that we consider necessary to verify your identity or protect you and/or us against fraud or other financial crime, and to take action we reasonably deem necessary based on the results of such inquiries. When we carry out these enquiries, you acknowledge and agree that your personal information may be disclosed to credit reference and fraud prevention or financial crime agencies and that these agencies may respond to our enquiries in full. This is an identity check only and should have no adverse effect on your credit rating. Additionally, we may require you to wait some amount of time after completion of a transaction before permitting you to use further COSS Services and/or before permitting you to engage in transactions beyond certain volume limits.*
You are responsible for the software, Device and other hardware, Internet service and mobile data service (and all associated fees) that you need to access and use the Services. We do not currently charge any fees for the Services but reserve the right to do so in the future. If we impose a fee, you will be given thirty (30) days’ prior notice by means of an amendment to these Terms prior to the fees becoming effective.
Eligibility: To access and use the Services, you must be a resident of a Permitted Region (see Section 14 for details) and be the age of majority or older in your state or country of residence.
Your Account: You may be required to create an account (“Account”) to use certain features of the Services. When you create an Account, you must comply with the verification and setup process in order to use these Service features. You agree you will maintain your Account information to ensure that it is always current, complete and accurate. If you provide untrue, incomplete, misleading or inaccurate information, you understand that we have the right to terminate your Account and use of the Services.
Your Wallet: Once you create an Account, the Services will allow you to create one or more wallets that will enable you to review information and track the value of your Digital Assets (each, a “Wallet”). The Wallet is part of the Services. You may create more than one Wallet and may store such Wallet(s) on your Device(s). COSS Wallet will not have custody or control of the Wallet(s) or your private keys.
You agree to protect the security of your Account and your Device. You are also solely responsible for placing security measures on your Device. You are responsible for all use of your Account, including your login credentials (i.e., username and password) and activation codes and passwords. COSS Wallet treats access to the Services through your Account credentials as authorized by you. Unauthorized access to password-protected or secure areas is prohibited and may lead to criminal prosecution. Please immediately notify COSS Wallet using the contact information below if you believe that information you provided to us is no longer secure or if you need to deactivate your Account or password.
Your Private Key: As long as you are in compliance with these Terms, you may store your private key on your Device. COSS Wallet does not have access to or store your private key, and it is not stored on any system or server owned or controlled by COSS Wallet. For this reason, you must back up your private key information, including your backup key. If you lose your private key, since COSS Wallet does not have access to it, COSS Wallet cannot recover it for you without your having the 24 word passphrase. As such, if you lose your private key, you may permanently lose access to your Digital Assets.
Your Digital Assets: The Services do not allow you to hold, receive, store, transfer, or transmit any Digital Assets, funds, or other monetary value of any kind or allow COSS Wallet to do so on your behalf. The Services do not allow you to buy, sell, or exchange Digital Assets or permit COSS Wallet to do so on your behalf. While COSS Wallet provides the Services for you to review and track value information regarding the Digital Assets associated with your Wallet and to store your private key on your Device, COSS Wallet does not have custody or control of your Digital Assets. You agree not to attempt to associate with a Wallet any cryptocurrency, token or other digital asset that is not a Digital Asset or is not otherwise supported by the Services.
The list of Digital Assets supported by the Services may be updated or modified from time to time in our sole discretion and is located here https://www.cosswallet.com/coins-support-list.
Availability of the Services: We do not guarantee availability of the Services at all times of the day. The availability of the Services may be subject to limitations, delays and other problems inherent in the use of the Internet and electronic communications, blockchain network congestion or network issues, all of which are out of the control of COSS Wallet.
Updates to the Services: COSS Wallet may from time to time perform upgrades, updates, bug fixes, or error corrections to the Services (“Updates”) or otherwise make the Services unavailable. To the maximum extent authorized under applicable law, we reserve the right to change, remove, delete, restrict, block access to or stop providing any or all of the Services at any time and without notice. Except as expressly agreed in writing, COSS Wallet has no obligation to provide access to or support for the Services and is not responsible for any delay, delivery failure or other damage resulting from use of the Services. Updates are part of the Services and subject to these Terms. Your continued use of the Services after the Effective Date constitutes your acceptance of the Updates.
Based on your Device settings, when your Device is connected to the Internet either the App will automatically download and install all available Updates or may receive notice of or be prompted to download and install available Updates. Please promptly download and install all Updates to ensure that the App operates properly.
Restrictions on Your Use of the Services: You may use the Services for lawful, non-commercial purposes only. You agree that you will not (and you agree not to encourage or allow any third party to):
The Services may offer text messaging (SMS or MMS) services for registered users. Message and data rates may apply. Once you opt-in to receive text messages from COSS Wallet, the frequency of text messages that we send to you depends on your transactions with us. All charges are billed by and payable to your wireless service provider. Please contact your wireless service provider for pricing plans and details. Text message services are provided on an “as is” basis and may not be available in all areas at all times.
By agreeing to receive text messages, you understand and agree that COSS Wallet may use an automatic dialing system to deliver text messages to you and that your consent to receive text messages is not required as a condition of purchase for any goods or services.
COSS Wallet may from time to time offer areas in the Services where you and other users can share with COSS Wallet or other user’s suggestions, ideas or other user-created content (collectively, “Submissions”). You are the owner of and are responsible for your Submissions. By submitting a Submission, you represent and warrant that:
You acknowledge and agree that COSS Wallet has the right (but not the obligation) to monitor Submissions and to alter, remove or refuse to post or allow posting of any Submission. COSS WALLET TAKES NO RESPONSIBILITY AND ASSUMES NO LIABILITY FOR ANY SUBMISSION, INCLUDING LOSS OR DAMAGE RESULTING FROM YOUR RELIANCE ON INFORMATION OR OTHER CONTENT IN SUBMISSIONS.
By sharing your Submissions, you grant COSS Wallet and our designees a worldwide, perpetual, irrevocable, transferable, royalty-free license (with the right to sublicense) to use, copy, modify, create derivative works of, distribute, publicly display, publicly perform and otherwise use your Submission in all formats and distribution channels now known or hereafter devised (including on third-party Services and services) to provide, expand or promote the Services and COSS Wallet’s products without further notice to or consent from you. Under no circumstances are you entitled to payment for your Submissions. All Submissions are deemed non-confidential and non-proprietary.
We may, at any time and in our sole discretion, add or remove functionalities or features of the Services. We may suspend or discontinue certain Services altogether.
You can stop using the Services at any time. You may terminate your Account at any time for any reason effective upon written notice to COSS Wallet. COSS Wallet reserves the right immediately to suspend or terminate your Account and access to the Services without notice if COSS Wallet believes you violated these Terms. Upon termination, (a) all rights granted to you under these Terms will also terminate; and (b) you must cease all use of the Services and delete all copies of the App from your Device. Termination will not limit any of COSS Wallet’s other rights or remedies.
Using Digital Assets-related software, applications and services necessarily entails many risks. We specifically disclaim and have no liability to you for the following risks: (a) operating system failures of your Device; (b) interactions between your Device and the Services; (c) viruses, malware or other malicious software on your Device; (d) communication delays between the Services and a node or relay service for Digital Assets asset (and vice versa); (e) failure to achieve a certain market value and/or price for Digital Assets; (f) theft of or inability to access Digital Assets; or (g) system or network availability or availability of or access to the Services.
THE SERVICES ARE PROVIDED TO YOU “AS IS” AND WITH ALL FAULTS AND DEFECTS WITHOUT WARRANTY OF ANY KIND. TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, COSS WALLET, ON ITS OWN BEHALF AND ON BEHALF OF ITS AFFILIATES AND ITS AND THEIR RESPECTIVE LICENSORS, SUPPLIERS, DISTRIBUTORS AND SERVICE PROVIDERS (COSS WALLET PARTIES”), EXPRESSLY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, WITH RESPECT TO THE SERVICES, INCLUDING ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, AND WARRANTIES THAT MAY ARISE OUT OF COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE, OR TRADE PRACTICE. WITHOUT LIMITATION TO THE FOREGOING, COSS WALLET PROVIDES NO WARRANTY OR UNDERTAKING, AND MAKES NO REPRESENTATION OF ANY KIND THAT THE SERVICES WILL MEET YOUR REQUIREMENTS, ACHIEVE ANY INTENDED RESULTS, BE COMPATIBLE, OR WORK WITH ANY OTHER SOFTWARE, APPLICATIONS, SYSTEMS, OR SERVICES, OPERATE WITHOUT INTERRUPTION, MEET ANY PERFORMANCE OR RELIABILITY STANDARDS, OR BE ERROR-FREE, OR THAT ANY ERRORS OR DEFECTS CAN OR WILL BE CORRECTED.
SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF OR LIMITATIONS ON IMPLIED WARRANTIES OR THE LIMITATIONS ON THE APPLICABLE STATUTORY RIGHTS OF A CONSUMER, SO SOME OR ALL OF THE ABOVE EXCLUSIONS AND LIMITATIONS MAY NOT APPLY TO YOU.
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL ANY OF THE COSS WALLET PARTIES HAVE ANY LIABILITY ARISING FROM OR RELATED TO YOUR USE OF OR INABILITY TO USE THE SERVICES FOR:
TTHE FOREGOING LIMITATIONS WILL APPLY WHETHER SUCH DAMAGES ARISE OUT OF BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), OR OTHERWISE AND REGARDLESS OF WHETHER SUCH DAMAGES WERE FORESEEABLE OR COSS WALLET WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. SOME JURISDICTIONS DO NOT ALLOW CERTAIN LIMITATIONS OF LIABILITY SO SOME OR ALL OF THE ABOVE LIMITATIONS OF LIABILITY MAY NOT APPLY TO YOU.
You agree to indemnify, defend, and hold harmless the COSS Wallet Parties and their respective successors and assigns from and against any and all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs, or expenses of whatever kind, including attorneys’ fees, arising from or relating to your use or misuse of the Services or your breach of these Terms.
BY USING THE SERVICES, YOU WAIVE YOUR RIGHTS WITH RESPECT TO CALIFORNIA CIVIL CODE SECTION 1542, WHICH SAYS “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR.”
If the Services are at any time deemed an electronic commercial service (as defined under California Civil Code Section 1789.3), California residents are entitled to the following specific consumer rights information:
The provider of the Services is: COSS GROUP PTE LTD. If the Services are deemed as electronic commercial service, you may file a complaint regarding the Services or to receive further information regarding use of the Services by sending a letter to the attention of Legal Department.
The Services also may contain links to other websites or online services that we think may interest you (collectively, “Linked Services”). Linked Services are not under the control of COSS Wallet and COSS Wallet is not responsible for Linked Services or for any information or materials on, or any form of transmission received from, any Linked Service. The inclusion of a link does not imply endorsement by COSS Wallet of the Linked Services, any cryptocurrencies or Digital Assets, or any association with the operators of the Linked Services. COSS Wallet does not investigate, verify or monitor the Linked Services. COSS Wallet provides links to Linked Services for your convenience only. You access Linked Services at your own risk.
If you download any of COSS Wallet’s Apps from a third-party app store (the “App Platform”), you acknowledge and agree that:
You agree that your electronic signature to these Terms is intended to authenticate this writing and to have the same force and effect as your manual signature. For purpose of these Terms, you electronic signature is any electronic sound, symbol or process attached to or logically associated with these Terms and executed and adopted by either party with the intent to sign these Terms.
The Services are based in Singapore and are provided for access and use only by persons located in certain states, countries, and territories (collectively, “Permitted Regions”). You acknowledge that you may not be able to access all or some of the Services or particular features of the Services outside of Permitted Regions and that access thereto may not be legal by certain persons or in certain countries. If you access the Services from outside a Permitted Region, you are responsible for compliance with local laws. Permitted Regions include all states, countries, and territories not included under the restricted regions category. The restricted regions are Crimea, Cuba, Iran, North Korea, Sudan and Syria.
These Terms are governed by and will be construed under the laws of the State of Delaware, without regard to the conflicts of laws provisions thereof. You hereby consent to the exclusive jurisdiction and venue of the courts, tribunals, agencies and other dispute resolution organizations in the State of Delaware in all disputes (a) arising out of, relating to, or concerning the Services and/or these Terms, (b) in which the Services and/or Terms is or are at issue or a material fact, or (c) in which the Services and/or Terms is or are referenced in a filing with a court, tribunal, agency or other dispute resolution organization.
YOU UNDERSTAND AND AGREE THAT BY ENTERING INTO THESE TERMS, YOU AND COSS WALLET ARE EACH WAIVING THE RIGHT TO TRIAL BY JURY OR TO PARTICIPATE IN A CLASS ACTION.
You agree that the United Nations Convention on Contracts for the International Sale of Goods does not apply to the interpretation or construction of these Terms.
YOU AGREE THAT ANY CAUSE OF ACTION ARISING OUT OF OR RELATED TO THE SERVICES MUST COMMENCE WITHIN ONE (1) YEAR AFTER THE CAUSE OF ACTION ACCRUES; OTHERWISE, THE CAUSE OF ACTION IS PERMANENTLY BARRED.