Terms and Conditions – SaferX Wallet

Version: 1.0001
Publication Date: December 14, 2023

1. Introduction

Welcome to SaferX Wallet, a self-custody technology platform developed by Tiger Cyber Labs Ltd (Company Registration Number: 2154732), headquartered at Trident Trust Company (BVI) Limited, Trident Chambers, Road Town, Tortola, British Virgin Islands, and represented in Brazil by TC Labs Soluções em Tecnologia Blockchain Ltda.

SaferX Wallet enables users to securely and autonomously store, send, receive, buy, and swap cryptocurrencies. Operating as a gateway to blockchain, SaferX does not provide custody of assets or financial services.

By using SaferX Wallet, you agree to these Terms and Conditions. If you do not agree with the terms, do not use the platform.

2. Definitions

1. Crypto Assets: Digital coins, tokens, or other digital assets transferred exclusively through blockchain technology.
2. Self-Custody: A system where the user is solely responsible for managing their private keys and assets.
3. Third Party Services: Services provided by integrated partners, such as Changelly, for financial transactions, asset exchanges, and liquidity support.
4. Seed Phrase: A set of words used to recover access to the wallet in case of device loss or replacement.
5. Beta Mode: SaferX Wallet’s active development phase, with the full release of functionalities and the crypto-fiat card planned for Q2 2025.

3. Use of SaferX Wallet

SaferX Wallet offers the following core functionalities:

1. Digital asset management: Storing, sending, receiving, and exchanging crypto assets.
2. Cryptocurrency purchases: Facilitated by partners like Changelly, connecting users to regulated regional aggregators.
3. Web3 access: Secure connections to dApps and decentralized platforms.
4. Supported devices: Currently available for Android and Google Chrome extension. The iOS version is under approval and may take up to 60 days or more for release.

4. Cryptocurrency Purchases with Partners

Cryptocurrency transactions are exclusively facilitated by licensed partners connected through the Changelly aggregator.

Key Details:

• Partners vary by country, and payment methods include:
  • Brazil: Payments via Pix.
  • Other countries: Bank transfers and credit cards.
• KYC Process: Users must complete the Know Your Customer (KYC) process directly with the assigned partner. Each partner follows local regulations, and users must agree to their Terms of Use and Privacy Policy before completing transactions.

Processing Times:

• The delivery time for digital assets to the wallet depends on the partner and country, ranging from seconds to a few hours.
• It is the user’s responsibility to check the processing times provided by the partner at the time of purchase.

Notice: SaferX does not have access to users’ KYC data or financial information.

5. User Responsibilities

• Private key security: Users are solely responsible for safeguarding their seed phrases, private keys, and passwords. Loss of these credentials will result in the inability to access the wallet and its assets.
• Transaction confirmation: All transactions are irreversible. Users must carefully review details before confirming any operation.
• Compliance with local laws: Users are responsible for ensuring their use of the wallet complies with their jurisdiction’s regulations.

6. Limitations of Liability

• Not a financial service: SaferX Wallet is a technology application that facilitates access to blockchain. It does not provide financial, custodial, or advisory services.
• Blockchain-related risks: The use of decentralized networks may result in delays or operational failures beyond SaferX’s control.
• Third-party services: Transactions with partners like Changelly are governed by the terms and policies of each partner.

7. Security and Risks

1. Crypto asset risks: Investing in cryptocurrencies involves volatility and the potential loss of your entire capital. Use the platform responsibly.
2. Self-custody: As a non-custodial application, SaferX has no control over your assets or transactions.
3. External attacks: SaferX is not responsible for losses resulting from cyberattacks, phishing, or user negligence.

8. Privacy Policy

SaferX Wallet collects the minimum information necessary to provide its services. Personal data, such as KYC information, is processed exclusively by licensed partners and is governed by their respective privacy policies.

9. Beta Mode and Future Updates

SaferX Wallet operates in Beta Mode until Q2 2025. During this period, additional features will be developed, including the launch of the crypto-fiat card. Regular updates aim to enhance security and performance.

10. Contact Information

• Support: support@tigercyberlabs.zendesk.com
• Partnerships and Business Inquiries: marketing@tigercyberlabs.com

11. Governing Law and Jurisdiction

These Terms are governed by the laws of the British Virgin Islands. Any disputes will be resolved in the courts of this jurisdiction.

Conclusion

This document provides comprehensive Terms and Conditions, addressing technical, legal, and operational aspects of SaferX Wallet. Let me know if further adjustments or additions are needed!