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Text Content

 * How
 * FAQ
 * Fees
 * About
 * Contact



 * How
 * FAQ
 * Fees
 * About
 * Contact

App


TERMS OF USE


TERMS OF USE

February 24, 2022 2022-03-25 2:46


GENERAL

CoinFundIt.com is the software-maker that is developing and supporting the
CoinFundIt.com Desktop, Mobile and Web Wallet Applications (“CoinFundIt.com
Wallet”) that can be used to manage and interwork with various public
blockchains. This Terms of Use is agreement (a contract) between CoinFundIt.com
and “You” (“Your”), a user of CoinFundIt.com software. By creating or importing
a Wallet, downloading or running any CoinFundIt.com application, or visiting
CoinFundIt.com website, you acknowledge that you have read, understood, and
agreed to these Terms, including our Acceptable Use Policy. If you don’t agree
with the Terms of Use, you can not use CoinFundIt.com software at any purpose.
CoinFundIt.com reserves the right to modify these Terms at any time and in our
sole discretion. In case of any changes, we will notify you about amendments in
user Terms.


APPLICATION FUNCTIONALITY

CoinFundIt.com Wallet is software that provides functionality that allows You
to: generate or import Seed Phrase, blockchain addresses and encrypted private
keys (“Wallet”) that You may use to send and receive various cryptographically
secured tokens (“Cryptographic Currency”); store Your Wallets data encrypted on
Your device, retrieve various blockchains data from explorers and nodes; submit
Cryptographic Currency transfer instructions of Cryptographic Currency
transaction data to blockchains networks, submit exchange orders to
CoinFundIt.com decentralized Exchange, generate and submit instructions to
blockchains networks to perform atomic swap exchange operations via
CoinFundIt.com swap exchange protocol and interact with supported third-parties
blockchain services.


YOUR RESPONSIBILITIES

CoinFundIt.com Wallet is a non-custodial blockchain wallet and a decentralized
exchange client application product and CoinFundIt.com is not collecting or
storing Your account data (Your Seed Phrase, passwords) which means that You are
authorized to take responsibility for certain actions, including:

 * securing Your Seed Phrase and Derived Key Password. CoinFundIt.com never has
   access and cannot “restore” Your Seed Phrase or Derived key password. Make
   sure that You made Backup of Your Walet Seed Phrase and Derived Key Password
   and it is safe before overwriting or deleting CoinFundIt.com software;
 * keeping Your Backup confidential and not sharing it with anyone else,
   including CoinFundIt.com support. We will never ask You for Your Seed phrase
   or Your passwords;
 * ensuring that Your devices that You use CoinFundIt.com Wallet on are free of
   viruses, malware, and other malicious software;
 * ensuring that Your devices that You use CoinFundIt.com Wallet on could not be
   used by third parties for illegal purposes;
 * ensuring that all blockchain addresses of Your transactions are done with
   correct data;
 * obeying Your local laws and using CoinFundIt.com Wallet in a lawful manner.


ELIGIBILITY

Prior to Your use of the CoinFundIt.com Wallet and on an ongoing basis you
represent, warrant, covenant and agree that:

 * You use CoinFundIt.com Wallet at Your sole option, discretion and risk;
 * You are solely responsible for any applicable taxes which may be payable
   while using our product;
 * You are NOT in, under the control of, or a national or resident of any
   country where peer-to-peer cryptocurrency exchange operations including swaps
   and cryptocurrency trading are not allowed;
 * You are at least 18 years old or of other legal age, according to Your
   relevant jurisdiction;
 * there are risks, associated with Internet-based system, such as the failure
   of hardware, software, and Internet connections and with the Blockchain
   Protocols, such as any malfunction, unintended function, unexpected
   functioning of or attack on the Blockchain protocols, that CoinFundIt.com
   shall not be responsible for;
 * You guarantee that Your crypto assets belong to You and they are not stolen,
   sold, encumbered, not in contention, or under seizure, and that neither exist
   any rights of third parties to your crypto assets;
 * You will not attempt to exchange via the CoinFundIt.com decentralized
   Exchange any crypto assets, which are obtained from illegal gambling
   activities; fraud; money-laundering; terrorist activities; hacking or any
   other illegal activities;
 * You shall not use any code modifications, bugs of CoinFundIt.com software,
   any third-party applications or any other techniques for constructing
   incorrect Exchange operations;
 * You shall not distribute any virus or other harmful computer code through
   CoinFundIt.com Wallet or take any actions that may impose an unreasonable or
   disproportionately large load on CoinFundIt.com Exchange or any third party
   providers’ infrastructure.


BLOCKCHAIN RISKS

Cryptocurrencies are associated with some apparent risks. The CoinFundIt.com
Wallet provides functionality that allows You to send Cryptographic Currency
transactions to blockchains. But CoinFundIt.com does not have access to Your
transactions and has no control over the blockchains that You can interact with,
and has no ability to cancel, modify or affect any transaction that You have
caused to be transmitted to any blockchain network. CoinFundIt.com Wallet does
not guarantee that transactions You perform using the CoinFundIt.com Wallet
shall be stored in any Cryptographic Currency blockchain. Providing correct
transaction data including fees, gas and e.g. is Your sole responsibility. You
should take care to understand the details of the blockchains You choose to
interact with. CoinFundIt.com shall not be responsible for any losses You incur
due to transaction fees or losses that occur due to incorrectly set transaction
data.


EXCHANGE OPERATIONS

CoinFundIt.com Wallet provides users with functionality allowing to perform
peer-to-peer Cryptographic Currencies exchange operations at their own
discretion, risk and responsibility.

Exchange functionality is provided through the cross-chain Atomic Swaps Protocol
using CoinFundIt.com Wallet open-sourced code base and Smart Contracts deployed
in the blockchains network environments, which are both publicly available and
may be changed, or complemented, or updated in CoinFundIt.com sole discretion.
Before using the Exchange functionality You declare that You are technically
capable and prepared to verify and understand the principles of atomic swaps and
the up-to-date Protocol implementation details.

CoinFundIt.com is not a financial institution, investment company, broker, money
transmission provider, money service business, payment service provider or a
company similar to them. CoinFundIt.com is not a buyer or seller in exchange
operations made between users, and is also not a market maker. Its activity is
not subject to financial regulation of any jurisdiction.

CoinFundIt.com does not in any form guarantee the availability or the
reliability of the Atomic Swaps Protocol and the Exchange and its
functionalities. We would put all reasonable efforts to provide maximum uptime
of the Exchange. As the blockchain technologies are still in development and may
present undiscovered risks, users confirm and agree that CoinFundIt.com is not
liable for any type of damages including lost profits and losses related to
downtime of the Exchange, unreliability, closed access, maintenance time,
Protocol and Smart Contracts vulnerabilities etc.


EXCHANGE PRICES AND FEES

The estimated amount which is presented to You in the CoinFundIt.com Wallet
prior making an exchange is not final. It can differ from the final amount due
to market fluctuations, but Your CoinFundIt.com Wallet guarantees that the
actual price of the deal will not be worse than the final price in the exchange
operation confirmation window, not including mining fees and rewards to other
counterparties involved in the atomic swap completing process, in the cases
specified below.

CoinFundIt.com Exchange charges NO additional exchange fee. Atomic Swap Protocol
implemented in Your CoinFundIt.com Wallet allows additional Fees to reward other
peers for successfully completing Your swap, in cases Your Wallet does not have
enough balances to submit all needed transactions to the blockchains. These Fees
are in Your full control and responsibility and will not be charged if You have
enough balances of both Cryptographic Currencies involved in the exchange
operation.

Changes to the Exchange Pricing mechanism and Fees policy may be done in
CoinFundIt.com sole discretion and are effective as of the modification of the
current Terms, and will apply prospectively to any following exchange
operations.


USAGE OF EXCHANGE FUNCTIONALITIES

Users interact and unlock functionalities on the Exchange by connecting with
compatible and supported CoinFundIt.com Wallets. If You proceed to execute an
exchange operation through the CoinFundIt.com Exchange it is presumed that You
acknowledge and agree that:

 * CoinFundIt.com Exchange attempts to provide accurate price and exchange rate
   information, but this information is highly volatile and can change quickly
   without Users necessarily being aware of these changes;
 * Exchange operations below the Protocol minimum limits determined in the
   CoinFundIt.com Wallet can not be completed;
 * the destination address of the purchased Cryptographic Currency is determined
   by Your CoinFundIt.com Wallet or must be correctly specified by You;
 * Atomic Swaps may fail or take long time (several hours) to be completed which
   depends on the blockchain networks state and Your current CoinFundIt.com
   Wallet configurations which shall be verified by You and be at Your
   responsibility;
 * exchange operations can be canceled due to price change or failure of the
   counterparty. Atomic Swaps may be interrupted and refunded due to Your Wallet
   or counterparty failure or connection loss;
 * Your CoinFundIt.com Wallet must be logged in and need to have stable Internet
   connection during the swap completing process. CoinFundIt.com is not
   responsible for any losses caused by Your Wallet being shut down, logged out
   or not connected to the network;
 * assets refunds sent to failed Atomic Swaps may take more than 6 hours;
 * in case Your Wallet does not have enough balance of both Cryptographic
   Currencies involved in the exchange operation and uses the services of other
   peers to complete the swap for extra fee You takes additional risk that no
   peer will succeed, that CoinFundIt.com shall not be responsible for;
 * CoinFundIt.com may terminate or suspend all or part of the Exchange service
   for certain blockchain addresses without prior notice or liability;
 * CoinFundIt.com is not acting as your broker, intermediary, agent or advisor
   or in any fiduciary capacity, and no communication or information provided to
   you by CoinFundIt.com shall be considered or construed as advice;
 * it is your responsibility to determine what, if any, taxes apply to the
   changes you complete via the Exchange service, and it is your responsibility
   to report and remit the correct tax to the appropriate tax authority. You
   agree that CoinFundIt.com is not responsible for determining whether taxes
   apply to Your exchanges or for collecting, reporting, withholding or
   remitting any taxes arising from any transactions.


INFORMATION ACCURACY

CoinFundIt.com Wallet has its CoinFundIt.com Exchange and also integrates
third-party data sources that provide relevant data to users, including market
prices, liquidity available on CoinFundIt.com exchange for all pairs, quotes,
blockchain approximate fees or any other type of data, which is outside
CoinFundIt.com control. CoinFundIt.com shall not have any liability to You for
incorrect data, that’s why You should verify any CoinFundIt.com exchange or
third-party data, transmitted through CoinFundIt.com Wallet before acting on it.


LICENSE

CoinFundIt.com Wallet was developed under a GPLv3 open source license. Since
software development is free, it can be accessed, used, and shared, in modified
or unmodified form, by anyone. Please be aware that GPL is a copyleft license,
which means that any derivative works can only be distributed under the same
license terms as the original software. If you have any questions, you should
review GNU’s terms and conditions at https://www.gnu.org/licenses/gpl-3.0.en/.
CoinFundIt.com may include other open-source software that are separately
licensed and the license in this agreement does not cover the third-party
open-source software that is provided by CoinFundIt.com.


NO WARRANTY

CoinFundIt.com Services is provided to You for free, and on an “AS IS”, without
warranties of any kind, either express or implied, including, without
limitation, implied warranties of merchantability, fitness for a particular
purpose or non-infringement.

CoinFundIt.com makes no guarantees that its software will always be safe,
secure, or error-free, or that it will function without disruptions, delays, or
imperfections. You acknowledge that CoinFundIt.com has no control over, and no
duty to take any action regarding: which users gain access to or use the Wallet
and Web Site; how this may affect on you; how you may interpret or use the
Content; or what actions you may take as a result of having been exposed to the
Content. CoinFundIt.com makes no representations concerning any Content
contained in or accessed through the Wallet or Web Site, and CoinFundIt.com will
not be responsible or liable for the accuracy, copyright compliance, legality or
decency of material contained.

You also acknowledge that CoinFundIt.com is not responsible for transferring,
safeguarding, or maintaining your private keys or any Cryptographic Currency it
provides access to. If you lose, mishandle or have stolen associated
Cryptographic Currency private keys, you acknowledge that you may not be able to
recover associated Cryptographic Currency, and that CoinFundIt.com is not
responsible for such loss, and CoinFundIt.com is not responsible for any loss,
damage or liability arising from your failure to comply with the current Terms.


SUSPENSION

CoinFundIt.com software contains elements that rely on backend infrastructure
run by CoinFundIt.com (and possibly other parties) that may be turned off
temporarily or permanently without any notifications due to stop unlawful
conduct or if it is deemed necessary to do so at the CoinFundIt.com’s sole
discretion. Some or all of the CoinFundIt.com service may not be available in
all locations worldwide due to Local Laws, geodata block or other measures taken
by CoinFundIt.com to ensure compliance with laws or to improve the quality of
service.


THIRD-PARTIES

CoinFundIt.com provides services that You have the option of using which may
involve third-party services that are owned and run by organizations (or
companies) not related to CoinFundIt.com. There may be additional terms or rules
applicable to third-party services, and CoinFundIt.com shall not be liable for
any issues, actions, or negative consequences that arise as a result of Your use
of third-party services.

CoinFundIt.com retain the exclusive right to add to, modify, or cancel the
availability of any Third-Party Service in CoinFundIt.com sole discretion.

Notwithstanding of the foregoing, if You make use of third-party services that
enable Cryptographic Currency transfers or financial transfers then You may be
at risk due to malfunctions or other issues with third-party services, for which
we are not and cannot be responsible in any case.


SUPPORT

CoinFundIt.com offers free technical support to all users of CoinFundIt.com
software but this support is offered to You without any warranty of any kind of
issues and shall be at Your sole risk. CoinFundIt.com may choose to refuse free
technical support for You at any time and may choose to discontinue providing
You with technical support at any time. You shall at all times act respectfully
to CoinFundIt.com staff and must make sure that Your Seed Phrase, private keys,
or any other confidential information are stored safely and shall not be
disclosed, accidently or by any purpose.


LIMITATION ON LIABILITY

 * You acknowledge and agree that You assume full responsibility for Your use of
   the software.
 * You acknowledge and agree that any information You send or receive during
   Your use of the software may not be secure and may be intercepted or later
   acquired by unauthorized parties.
 * You acknowledge and agree that Your use of the software is at Your own risk.
   Accordingly, You understand and agree that, to the fullest extent permitted
   by applicable law, CoinFundIt.com will not be liable to You for any direct,
   indirect, special, consequential, exemplary, incidental, or other damages of
   any kind, including damages for loss of profits or goodwill
 * You acknowledge that CoinFundIt.com is not liable the for losses of use or
   the inability to use the software; unauthorized access to Your account by
   third persons; human mistakes; technical malfunctions and failures, including
   public utility or network connection issues, interruptions, latency, packet
   losses, deletions or any other defects of any device or network, providers,
   or software;
 * CoinFundIt.com is not liable of any injury or damage to computer equipment;
   inability to fully access the software or any other website; the data delayed
   or provided incorrectly or is incomplete or lost; theft, tampering,
   destruction, or unauthorized access to any content of any kind; or any other
   matter relating to the software.


STATUTE OF LIMITATIONS

You agree that regardless of any statute or law to the contrary, any claim or
cause of action arising out of or related to the use of the Terms of Use must be
filed within one (1) month, otherwise such claim or cause of action arose must
be refused or forever barred.


NON-WAIVER

No action or inaction on the part of CoinFundIt.com (except legal actions) shall
be considered a waiver, of refusal, or exemption, of any right or obligation by
CoinFundIt.com.


AMENDMENT

This agreement may be changed, or complemented, or updated in CoinFundIt.com
sole discretion by providing You with 15 days notice. If You do not agreed to an
amendment of this agreement then Your only way to protect Your rights is to
discontinue using CoinFundIt.com software. You may not amend this agreement.


ENTIRE AGREEMENT

This agreement is the entire agreement between the parties and fully supersedes
any other representations or agreements between the parties. Moreover, the
parties have entered into this agreement without relying on any representations
or warranties made outside of this agreement.

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