Disclaimers

1. General Disclaimer

The Services are provided on an "as is" and "as available" basis without warranties of any kind, whether express, implied, statutory, or otherwise. To the fullest extent permitted by applicable law, coynitt disclaims all warranties, including but not limited to implied warranties of merchantability, fitness for a particular purpose, non-infringement, and course of dealing or usage of trade.

We do not warrant that the Services will be uninterrupted, timely, secure, or error-free. We do not warrant that the results obtained from using the Services will be accurate or reliable. We do not warrant that the quality of the Services will meet your expectations.

2. Non-Custodial Wallet Disclaimer

coynitt operates a non-custodial wallet service. This means:

• You are solely responsible for safeguarding your private keys, seed phrases, and wallet credentials
• We cannot recover lost private keys or seed phrases under any circumstances
• We do not have access to or control over your digital assets or funds
• We cannot reverse, cancel, or refund blockchain transactions once confirmed
• We are not liable for any loss of funds resulting from lost private keys, unauthorized access to your wallet, or user error

If you lose access to your wallet, private keys, or seed phrase, your funds may be permanently unrecoverable. You acknowledge that this is an inherent feature of non-custodial blockchain technology and not a deficiency of our service.

3. Digital Asset and Blockchain Disclaimer

Digital assets and blockchain technology involve significant risks. By using our Services, you acknowledge and accept the following:

• Volatility: The value of digital assets, including stablecoins like USDC, may fluctuate. While stablecoins are designed to maintain a stable value, they are not guaranteed by any government or deposit insurance scheme
• Blockchain Risks: Blockchain networks may experience congestion, forks, security vulnerabilities, or protocol changes that could affect your transactions
• Smart Contract Risk: Smart contracts are deployed on public blockchains and may contain undiscovered bugs or vulnerabilities despite auditing
• Regulatory Risk: The regulatory environment for digital assets is evolving. Future laws or regulations may adversely affect the availability or value of digital assets
• Network Fees: Blockchain transactions require network fees (gas fees) that vary based on network congestion and are outside our control
• Finality: Blockchain transactions are irreversible once confirmed. Sending funds to an incorrect address will result in permanent loss

4. Not Financial Advice

Nothing in our Services, website, mobile application, marketing materials, or communications constitutes financial, investment, tax, legal, or other professional advice. coynitt is a technology platform that facilitates cross-border money transfers and community savings.

You should consult with qualified professionals before making any financial decisions. We do not endorse or recommend any particular digital asset, blockchain network, or financial strategy. Any information provided through our Services is for general informational purposes only.

5. Exchange Rate Disclaimer

Exchange rates displayed on our platform are indicative and may change between the time a transaction is initiated and when it is completed. While our AI-powered routing engine seeks the best available rates, we do not guarantee any specific exchange rate. Actual rates are determined at the time of transaction execution and may differ from quoted estimates.

Exchange rates are sourced from third-party providers and liquidity pools. We are not responsible for the accuracy of rates provided by third parties.

6. Transfer Time Disclaimer

Estimated transfer times provided on our platform are approximate and may vary depending on:

• Blockchain network congestion and confirmation times
• Compliance and verification checks required by regulation
• Third-party off-ramp processing times in the recipient's country
• Banking hours and holidays in the recipient's jurisdiction
• Technical issues or maintenance on supported networks

We do not guarantee any specific delivery time for transfers. Actual delivery times may be longer than estimated.

7. Community Savings (Rounds) Disclaimer

The Rounds feature enables community savings circles powered by blockchain smart contracts. By participating, you acknowledge:

• Counterparty Risk: Other participants may default on their contributions. While smart contracts enforce rules, they cannot compel payment
• Smart Contract Risk: Funds are held in smart contracts on the blockchain. While audited, smart contracts may contain undiscovered vulnerabilities
• Early Exit Penalty: Exiting a round early may result in a penalty as defined by the round's terms
• No Insurance: Funds in community savings circles are not insured by any government deposit insurance program
• Irrevocability: Contributions committed to a round via the blockchain cannot be reversed

8. Third-Party Services Disclaimer

Our Services integrate with third-party service providers including but not limited to:

• On-ramp and off-ramp partners for fiat currency conversion
• Identity verification providers (Sumsub)
• Blockchain networks and node providers
• Payment processors
• Circle (USDC stablecoin issuer and wallet infrastructure)

We are not responsible for the availability, accuracy, or reliability of third-party services. Third-party services are subject to their own terms and conditions. Disruptions to third-party services may affect the availability of our Services.

9. Geographic Restrictions

Our Services are not available in all jurisdictions. By using our Services, you represent that you are not located in, or a citizen or resident of, any jurisdiction where use of our Services would be prohibited by law. We reserve the right to restrict access to our Services from any jurisdiction at our discretion, particularly jurisdictions subject to Canadian or international economic sanctions.

10. Limitation of Liability

To the fullest extent permitted by applicable law, coynitt and its directors, officers, employees, agents, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to:

• Loss of funds, profits, data, or goodwill
• Service interruption or inability to access the Services
• Unauthorized access to your account or wallet
• Errors, bugs, or inaccuracies in the Services
• Actions or inactions of third-party service providers
• Changes in blockchain network protocols or consensus rules
• Regulatory actions that affect the availability of our Services

Our total aggregate liability for all claims arising from or related to the Services shall not exceed the total fees paid by you to coynitt in the twelve (12) months preceding the claim.

11. Website Content Disclaimer

The content on our website is provided for general informational purposes only. While we strive to keep the information accurate and up-to-date, we make no representations or warranties of any kind about the completeness, accuracy, reliability, suitability, or availability of the website or the information, products, services, or related graphics contained on the website.

Any reliance you place on such information is strictly at your own risk.

12. Forward-Looking Statements

Our website and marketing materials may contain forward-looking statements regarding our plans, products, and business strategy. These statements are based on current expectations and are subject to risks and uncertainties. Actual results may differ materially from those expressed or implied. We undertake no obligation to update forward-looking statements.

13. Contact

If you have questions about these disclaimers, please contact us: