Safepal Terms of Use
Legal terms and conditions governing Safepal wallet services and platform use.
These Terms of Use establish the legal agreement between you and Safepal regarding your use of our crypto wallet platform, hardware wallets, mobile applications, and associated services. By accessing or using Safepal, you agree to be bound by these terms completely.
Safepal operates as a non-custodial wallet service, meaning you maintain full control of your private keys and digital assets. These terms clarify our responsibilities, your obligations, and the conditions under which our services are provided to users worldwide.
Why Choose Safepal?
Acceptance of Terms
By downloading, installing, or accessing Safepal in any form, you acknowledge and accept these Terms of Use in their entirety. If you disagree with any provision, you must not use Safepal services. These terms apply to all users regardless of jurisdiction.
User Eligibility
Safepal services are available to individuals aged 18 or older who are not prohibited by law from using cryptocurrency services. Users must comply with all applicable local, state, and international laws regarding cryptocurrency and digital assets. Safepal reserves the right to restrict access in certain jurisdictions.
Non-Custodial Nature
Safepal is a non-custodial wallet, meaning you retain full control of your private keys and funds. Safepal never has access to your private keys or the ability to move your assets without your permission. You are entirely responsible for the security and backup of your wallet information.
User Obligations
You agree not to use Safepal for illegal activities, money laundering, fraud, or terrorism financing. Users must not attempt to hack, reverse-engineer, or exploit vulnerabilities in Safepal systems. You are responsible for maintaining the confidentiality of your recovery phrases and passwords.
Limitation of Liability
Safepal is provided on an as-is basis without warranties of any kind. We are not liable for losses arising from user error, device theft, malware infection, or forgotten passwords. Cryptocurrency transactions are irreversible; Safepal cannot recover lost or misdirected funds.
Security Disclaimers
While Safepal implements robust security measures, no system is completely risk-free. Users assume all risks associated with storing and managing cryptocurrency. We strongly recommend using hardware wallets and keeping recovery phrases in secure locations offline.
Modification and Termination
Safepal reserves the right to modify these terms, discontinue features, or terminate services with reasonable notice. Continued use after modifications constitutes acceptance of updated terms. We will notify users of significant changes via email or in-app notification.
Governing Law and Disputes
These terms are governed by applicable international law principles and arbitration procedures. Any disputes arising from Safepal usage will be resolved through binding arbitration. Users waive the right to pursue class action lawsuits against Safepal.
Frequently Asked Questions
Does Safepal have access to my private keys?
No. Safepal is a non-custodial wallet, so your private keys never leave your device. We have no ability to access, move, or recover your funds. This design ensures you retain complete ownership and control.
What happens if I forget my Safepal password?
You can recover your wallet using your 12 or 24-word recovery phrase. Safepal cannot reset passwords or recover accounts for you. This is why storing your recovery phrase securely offline is critical.
Is Safepal liable if my funds are stolen?
Safepal is not liable for theft resulting from user negligence, malware, or compromised passwords. You are responsible for securing your device and recovery phrases. We recommend using our hardware wallet for maximum security.
Can Safepal reverse my transactions?
No. Cryptocurrency transactions are irreversible and final once confirmed on the blockchain. Safepal cannot recall or undo transactions. Always verify recipient addresses before confirming transfers.
What restrictions apply to Safepal usage?
Safepal prohibits use for illegal activities, money laundering, sanctions evasion, or fraud. Certain jurisdictions may have restrictions on cryptocurrency services. Users must comply with local laws regarding digital asset ownership and trading.