Service Terms

Last updated: March 11, 2021

1. Introduction

1.1 This page sets out the Service Terms for the Bitcoin.com Wallet (the “Wallet”). By downloading or otherwise accessing the Wallet, you accept all of the terms herein. A reference in these Service Terms to “Bitcoin.com,” “we,” “us,” or “our” means Saint Bitts LLC.

1.2 Separate Terms of Use also apply to your use of the Wallet. In the event of conflict between these Service Terms and the website Terms of Use, the Service Terms shall prevail.

1.3 The Wallet is published by Saint Bitts LLC and consists of software that permits you to self-custody virtual currency, organize network addresses, view transaction history, and transact in virtual currencies as set forth below.

2. Description of the Wallet

2.1 The Wallet is provided to you exclusively by Bitcoin.com. At no point will Bitcoin.com ever take custody of virtual currency stored in a Wallet. The Wallet is only capable of supporting certain virtual currencies. Under no circumstances should you attempt to store virtual currencies in your Wallet that the Wallet does not support.

2.2 When you create a Wallet, the Wallet software generates a cryptographic private and public key pair that you may use to send and receive any supported virtual currency via the relevant virtual currency network. YOU MUST STORE, OUTSIDE OF THE SERVICES, A BACKUP OF ALL WALLET CREDENTIALS, INCLUDING YOUR PASSPHRASES, IDENTIFIERS, BACKUP PHRASES, PRIVATE KEYS AND NETWORK ADDRESSES. If you do not maintain a backup of your Wallet data outside of the Wallet, you will not be able to access virtual currency previously accessed using your Wallet in the event that we discontinue or no longer offer the Wallet. We are not responsible for maintaining this data on your behalf.

3. Risk Disclosures Relating to the Wallet

3.1 In order to be completed, any virtual currency transaction created with the Wallet must be confirmed and recorded in the virtual currency ledger associated with the relevant virtual currency network. Such networks are decentralized, peer-to-peer networks supported by independent third parties, which are not owned, controlled or operated by Bitcoin.com.

3.2 Bitcoin.com has no control over any virtual currency network and therefore cannot and does not ensure that any transaction details you submit via the Wallet will be confirmed on the relevant virtual currency network. The transaction details you submit via the Wallet may not be completed, or may be substantially delayed, by the virtual currency network used to process the transaction. We do not guarantee that the Wallet can transfer title or right in any virtual currency or make any warranties whatsoever with regard to title.

3.3 Once transaction details have been submitted to a virtual currency network, we cannot assist you to cancel or otherwise modify your transaction or transaction details. Bitcoin.com has no control over any virtual currency network and does not have the ability to facilitate any cancellation or modification requests.

4. Network Upgrade

4.1 A “Network Upgrade” or “Fork” means a change to the underlying protocol of a virtual currency network that may result in more than one version of a virtual currency, the result of which may be one or more versions that are not supported by the Wallet. In the event of a Fork or other network disruption, Bitcoin.com may not be able to support activity related to your virtual currency. In the event of a Fork, the transactions may not be completed, completed partially, incorrectly completed, or substantially delayed. Bitcoin.com is not responsible for any loss incurred by you caused in whole or in part, directly or indirectly, by a Fork or other network disruption.

5. No Password Retrieval

5.1 With respect to the Wallet, Bitcoin.com does not receive or store your Wallet password, nor any keys, network addresses or transaction history. We cannot assist you with Wallet password retrieval. You are solely responsible for remembering, storing and keeping secret your Wallet password. Any virtual currency you have associated with such Wallet may become inaccessible if you do not know or keep secret your Wallet password. Any third party with knowledge of one or more of your credentials (including, without limitation, a backup phrase, wallet identifier or password) can dispose of virtual currency in your Wallet 5.2 When you create a Wallet, you must: (a) create a strong password that you do not use for any other website or online service; (b) protect and keep secret all credentials for the Wallet; (c) protect access to your device and your Wallet; (d) promptly notify us if you discover or otherwise suspect any security breaches related to your Wallet; and (e) use the backup functionality provided through the Wallet and safeguard your backup files. You agree to take responsibility for all activities that occur with your Wallet and accept all risks of any authorized or unauthorized access to your Wallet, to the maximum extent permitted by law.

6. Fees

6.1 Bitcoin.com does not currently charge a fee for the Wallet receiving, sending or controlling virtual currency. However, we reserve the right to do so in the future, and in such case shall display to you any applicable fees prior to you incurring the fee. Network fees (including, without limitation “miner’s fees”) required to use a virtual currency network may apply to a transaction. We may attempt to calculate such a fee for you. Our calculation may not be sufficient, or it may be excessive. You may select a greater or lesser fee. You are solely responsible for selecting and paying any such fee and Bitcoin.com shall neither advance nor fund such a fee on your behalf, nor be responsible for any excess or insufficient fee calculation.

1. Introduction2. Description of the Wallet3. Risk Disclosures Relating to the Wallet4. Network Upgrade5. No Password Retrieval6. Fees
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