By downloading WalletVN and/or WalletVN Applications and browsing the website, you acknowledge that: (1) any use of WalletVN is subject to these Terms of Service; (2) you have carefully read, understand and agree with these Terms of Service; (3) you are of legal age and you are able to form legally binding contracts.

If you don’t agree with the Terms of Service, you can not use WalletVN. WalletVN reserves the right to modify these Terms at any time and in our sole discretion. In case of any changes, we will change the date of the last update at the beginning of these Terms. We invite you to check this page regularly for updates.

1. Parties

1.1. This agreement is between you ( ‘You’ or ‘Your’ in this agreement) and WalletVN Pty Ltd (‘WalletVN’ in this agreement). WalletVN is a Digital Platform which consists of a set of desktop and mobile applications (‘Software’) and website WalletVN.info. All of the services provided by WalletVN we identify in this document as ‘Services’

1.2. It’s your own responsibility to read the Terms of Service carefully before you start to use WalletVN.

2. Definitions and Services offered

WalletVN is an innovative digital infrastructure, which consists of:

2.1. WalletVN Applications.

WalletVN has created means for users to access and transfer ownership of digital currency tokens (‘Digital Currency’), such as Arkcoin. By entering into this agreement You will receive a license to use any of the WalletVN Desktop and WalletVN Applications. You should only use the WalletVN Desktop or WalletVN Application if you are familiar with digital currencies.

2.1.1. Third Party Integrations

The WalletVN Desktop and WalletVN Applications contain libraries developed by third parties. WalletVN may provide third-party libraries to You as part of the WalletVN Desktop and WalletVN Applications solution but shall not be considered to be the owner or licensor of the third-party libraries. Third-party services are used for in-wallet Virtual Currencies exchange operations and in-wallet buying Virtual Currencies operations. We retain the exclusive right to add to, modify, or cancel the availability of any Third Party Service.

2.2. In-wallet Exchange Operations

By using the exchange within the wallet (‘WalletVN Forex’), You agree with the Terms of Use of the respective third-party partner. Although the WalletVN Desktop and WalletVN Applications make it easy to engage with the integrated third parties, WalletVN shall not be responsible for any consequences stemming from Your use of third-party integrated services. If You need assistance with a third-party integration then You should contact the third-party along with contacting our support. The estimated amount which is presented to You in the Wallet prior making an exchange is not final. It can differ from the final amount due to market fluctuations.

2.3. Rewards Program

WalletVN is the sole owner and creator of WalletVN Arkade (“Arkade. WalletVN pay offer one or more loyalty rewards program for using the Services under which you may have the opportunity to earn Arkoin by purchasing goods or services from any Merchant or Service Provider using the Services.

To earn Arkade, Wallet VN must be able to confirm that you have made a valid and completed payment. In addition to earning Arkcoin by purchasing goods and services from our Merchants and Service Providers, you may also be able to purchase a limited amount of Arkcoin from time to time. These purchases of Arkcoin are non-refundable and we reserve the right to restrict or prohibit you from purchasing any Arkcoin for any reason.

3. User Obligations

You shall not:

• violate any laws when using WalletVN Desktop and WalletVN Applications; or,
• circumvent or attempt to circumvent the security measures we are using to protect other accounts, computer systems, or networks connected to the WalletVN Desktop and WalletVN Applications;

4. Limited Intellectual Property License

This agreement licenses WalletVN services to You on a personal, non-exclusive, royalty-free, non-transferable, worldwide-basis, for the purpose of managing digital currencies. You are not permitted to redistribute any of WalletVN Services, modify any code or use any WalletVN content, including images and text, as part of any other software or project of any kind.

5. Specifically Disclaimed Risks

Using Digital Currency software necessarily entails many risks. WalletVN specifically disclaims and shall have no liability to You for the following risks:

• operating system failures (mobile or desktop); and,
• interactions between Your hardware, software, and the WalletVN; and,
• cloud backup software (e.g. certain Android distributions) may upload your private information to third party services; and,
• malware, viruses or other malicious software on Your device that is able to take control of or interfere with WalletVN; and,
• communication delays between Your WalletVN Desktop Wallet Application and a node or relay service for a digital currency (and vice versa); and,
• failure to achieve a certain market value/price for a digital currency token, whether through a third-party service or any other kind of transaction; and, theft of digital currency tokens.

6. No Warranty

WalletVN is provided to You at no cost, “as-is ” and without any warranty whatsoever, to the maximum extent permissible by law. Without limiting the generality of the foregoing, WalletVN does not warrant that WalletVN is fit for Your purpose, even if You have previously provided notice of Your intended purpose, and does not warrant that WalletVN will operate in a bug-free manner.

7. Limitation of Liability

IN NO EVENT WILL WALLETVN WALLET BE LIABLE TO YOU FOR: ANY LOST PROFITS, REVENUE OR DATA, INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES, OR DAMAGES OR COSTS DUE TO LOSS OF PRODUCTION OR USE, BUSINESS INTERRUPTION, OR PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES ARISING OUT OF OR IN CONNECTION WITH THE SERVICES, WHETHER OR NOT WALLETVN WALLET HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND REGARDLESS OF THE THEORY OF LIABILITY ASSERTED, WHICH HAVE RESULTED FROM: (I) YOUR USE OF, OR CONDUCT IN CONNECTION WITH, OUR SERVICES; (II) ANY UNAUTHORIZED USE OF YOUR WALLET ADDRESS AND/OR PRIVATE KEY DUE TO YOUR FAILURE TO MAINTAIN THE CONFIDENTIALITY OF YOUR WALLET; (III) ANY INTERRUPTION OR CESSATION OF TRANSMISSION TO OR FROM THE SERVICES; OR (IV) ANY BUGS, VIRUSES, TROJAN HORSES, OR THE LIKE THAT ARE FOUND IN THE WALLETVN WALLET SOFTWARE OR THAT MAY BE TRANSMITTED TO OR THROUGH OUR SERVICES BY ANY THIRD PARTY (REGARDLESS OF THE SOURCE OF ORIGINATION).

8. Cap on Liability

UNDER NO CIRCUMSTANCES WILL WALLETVN WALLET BE LIABLE TO YOU FOR DAMAGES ARISING OUT OF THE SERVICES EXCEEDING $50 AUD.

9. Indemnity

You agree to indemnify WalletVN against any claims, damages, losses or legal fees incurred due to Your use (or misuse) of WalletVN.

10. Non-Waiver

No action or inaction on the part of WalletVN shall be considered a waiver of any right or obligation by WalletVN.

11. Amendment

This agreement may be amended by WalletVN by providing You with 30 days’ notice of any proposed change. If You do not agree to the amended terms then Your sole remedy shall be to cease using WalletVN.

12. Assignment

You may not assign this agreement. WalletVN may assign this agreement to 14 days’ notice.

13. Discontinuace of Services

We may, in our sole discretion and without cost to you, with or without prior notice, and at any time, modify or discontinue, temporarily or permanently, any portion of our Services.

WalletVN Wallet shall not be held responsible or liable for any loss of Digital Currency in the event that we discontinue or deprecate the Services.

14. Wallet Assistance

14.1 You shall use the Wallet Assistant service subject to the following conditions:

(a) you agree to abide by and comply with these terms and conditions at all times;

(b) you agree to abide by and comply with the privacy policy as a Wallet VN user at all times;

(c) you agree to submit a copy of your identification document for verification purposes if requested by us; and

(d) you have provided all information we require in connection with your purchase, and that accurate and complete information has been provided.

14.2 Wallet Assistant reserves the right to cancel any order at its complete discretion.

14.3 You shall ensure that items purchased from merchant’s website are not articles prohibited by the country of origin and/or the country of destination.

14.4 You grant us the right to disclose specific information as required by any applicable law, direction of a statutory regulator or stock exchange or pursuant to a court order.

14.5 You acknowledge that incomplete or erroneous information provided by you or your Merchant may result in loss or delay in the delivery of your item to the provided address.

14.6 You shall be liable to us and indemnify and keep us indemnified at all times from and against all demands, claims, action or proceedings by whomsoever made and against all damages, costs, charges or expenses (including legal costs on an indemnity basis) incurred, suffered or sustained by us in connection with your use of the Wallet Assistant.

15. Entire Agreement

This is the entire agreement between the parties and supersedes any other agreement, representations (or misrepresentations), or understanding, however, communicated.