Risk Warning

Please read this Risk Warning carefully before using Coinremitter's services. By accessing or using our platform, you acknowledge that you have read, understood, and agree to be bound by these terms.

1. General Disclaimer

The Website, Content, and Services provided by Coinremitter are offered on an "as is" and "as available" basis, without any representations, warranties, or guarantees of any kind, whether express, implied, or statutory, including but not limited to warranties of accuracy, completeness, quality, reliability, merchantability, fitness for a particular purpose, or non-infringement.

Coinremitter does not warrant that the Website or Services will be uninterrupted, timely, secure, or error-free. The Company shall not be held responsible for any content, products, or services available on third-party websites linked to or from our platform.

The views, opinions, and conclusions expressed on this Website do not necessarily represent the official position of Coinremitter, its affiliates, partners, agents, or employees.

2. Cryptocurrency Volatility Warning

Cryptocurrencies and digital assets are highly volatile financial instruments. The value of cryptocurrencies can fluctuate significantly within short periods, and you may experience substantial gains or losses. Past performance is not indicative of future results and should not be relied upon as a guide for future performance.

You acknowledge and accept that the value of any cryptocurrency transaction processed through our Services may change between the time of initiation and the time of completion. Coinremitter shall not be liable for any losses arising from such fluctuations.

Before engaging with cryptocurrency transactions, you should carefully consider your financial situation, risk tolerance, and investment objectives. If you have any doubts regarding the suitability of cryptocurrency transactions, you should seek independent financial advice.

3. Blockchain Network Risks

Coinremitter operates across multiple blockchain networks, each with inherent technical risks. You acknowledge and accept the following risks associated with blockchain technology:

  • Cross-Chain Transfers: Coinremitter shall not be liable for any loss of funds resulting from cross-chain transfers where assets are sent to an incompatible / other blockchain network.
  • Internal Transactions: We are not responsible for funds lost due to internal transactions on Ethereum, Binance Smart Chain, Tron, or any other supported blockchain network.
  • Cross-Token Transfers: Any loss of funds arising from sending tokens to an incorrect or incompatible token contract address is solely the responsibility of the user.
  • Third-Party Smart Contracts: Coinremitter disclaims all liability for funds lost through transactions executed via third-party smart contracts initiated by you or your clients.
  • Network Congestion and Fees: Blockchain networks may experience congestion, resulting in delayed transactions or increased fees. Coinremitter is not liable for any losses or damages arising from such network conditions.
  • Hard Forks and Protocol Changes: Changes to blockchain protocols, including hard forks, may affect the availability or value of your assets. Coinremitter does not guarantee support for forked assets.

In all aforementioned circumstances, lost funds are non-recoverable and Coinremitter shall bear no responsibility for such losses.

4. API and Integration Disclaimers

Coinremitter provides Application Programming Interfaces (APIs) and integration tools for merchants and developers. By using our APIs, you acknowledge and agree to the following:

  • No Uptime Guarantee: While we strive to maintain high availability, Coinremitter does not guarantee uninterrupted API access. Scheduled maintenance, updates, or unforeseen technical issues may result in temporary service disruptions.
  • Integration Responsibility: You are solely responsible for the proper implementation, testing, and maintenance of any integration with Coinremitter's APIs. We are not liable for errors, data loss, or financial losses resulting from improper integration.
  • API Changes: Coinremitter reserves the right to modify, deprecate, or discontinue any API features or endpoints with or without prior notice. It is your responsibility to monitor API documentation and update your integrations accordingly.
  • Security: You are responsible for securing your API credentials, API keys, and passwords. Coinremitter shall not be liable for any unauthorized access or losses resulting from compromised credentials.
  • Rate Limits: API usage is subject to rate limits. Exceeding these limits may result in temporary or permanent suspension of API access.

5. Regulatory Compliance

Coinremitter operates in accordance with Singapore's Payment Services Act 2019 (PSA) and applicable regulatory frameworks. However, cryptocurrency regulations vary significantly across jurisdictions and are subject to change.

You are solely responsible for determining whether your use of Coinremitter's Services complies with all applicable laws, regulations, and guidelines in your jurisdiction, including but not limited to:

  • Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) requirements
  • Know Your Customer (KYC) obligations
  • Tax reporting and payment obligations
  • Licensing and registration requirements for cryptocurrency businesses
  • Sanctions and trade restrictions

Coinremitter shall not be liable for any legal consequences arising from your use of our Services in violation of applicable laws or regulations in your jurisdiction.

We reserve the right to restrict, suspend, or terminate access to our Services in any jurisdiction where such Services may be prohibited, restricted, or subject to additional regulatory requirements.

6. Limitation of Liability

To the maximum extent permitted by applicable law, Coinremitter, its directors, officers, employees, agents, affiliates, and partners shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including but not limited to:

  • Loss of profits, revenue, or business opportunities
  • Loss of data or digital assets
  • Service interruptions or downtime
  • Unauthorized access, hacking, or security breaches
  • Errors, bugs, or inaccuracies in the Services
  • Actions or omissions of third parties
  • Force majeure events, including but not limited to natural disasters, power outages, communication system failures, government actions, or other circumstances beyond our reasonable control

This limitation of liability applies regardless of the legal theory under which damages are sought, whether in contract, tort, negligence, strict liability, or otherwise, even if Coinremitter has been advised of the possibility of such damages.

7. Prohibited Activities and Enforcement

Any misuse of Coinremitter's Services or platform constitutes a material violation of these Terms. Prohibited activities include, but are not limited to, fraud, money laundering, terrorist financing, sanctions evasion, and any other unlawful conduct.

Coinremitter reserves the right to investigate suspected violations and take appropriate action, including but not limited to suspending or terminating your account, reporting suspicious activities to relevant authorities, and pursuing legal remedies under the laws of Singapore.

8. Data Protection

Coinremitter processes personal data in accordance with the Personal Data Protection Act (PDPA) of Singapore, as amended, and other applicable data protection regulations. For detailed information on how we collect, use, store, and protect your personal data, please refer to our Privacy Policy.

By using our Services, you consent to the collection and processing of your personal data as described in our Privacy Policy.

9. Acknowledgment

By accessing or using Coinremitter's Website and Services, you acknowledge that:

  • You have read, understood, and agree to be bound by this Risk Warning and all associated terms and policies.
  • You understand the inherent risks associated with cryptocurrency transactions and blockchain technology.
  • You accept full responsibility for your use of the Services and any resulting consequences.
  • You have the legal capacity and authority to enter into this agreement in your jurisdiction.

Coinremitter reserves the right to modify this Risk Warning at any time. Continued use of our Services following any changes constitutes acceptance of the revised terms.

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