Terms of Service

Last Updated: February 21, 2026

Please read these terms carefully before using our platform. By accessing or using WorldBackupAssets, you agree to be bound by these terms.

1 Acceptance of Terms

By accessing or using the WorldBackupAssets platform, website, and any related services (collectively, the "Services"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not access or use the Services.

These Terms constitute a legally binding agreement between you and WorldBackupAssets ("we," "us," or "our"). You represent that you have the full power and authority to enter into this agreement.

Important: By creating an account or using our Services, you acknowledge that you have read, understood, and agree to be bound by all terms and conditions set forth in this document, as well as our Privacy Policy.

2 Eligibility

To use our Services, you must meet the following criteria:

  • Be at least 18 years of age or the age of majority in your jurisdiction
  • Not be located in a jurisdiction where cryptocurrency trading is prohibited
  • Not be on any economic sanctions lists (e.g., OFAC)
  • Not have been previously suspended or removed from our Services
  • Provide accurate and complete registration information

We reserve the right to refuse service, terminate accounts, or cancel transactions at our sole discretion.

3 Account Registration

3.1 Account Creation

To access certain features of our Services, you must register for an account. When you register, you agree to provide accurate, current, and complete information and to update it promptly if changes occur.

3.2 Account Responsibility

You are solely responsible for all activity that occurs on your account. You must safeguard your account credentials and notify us immediately of any unauthorized use.

3.3 Verification

We may require identity verification (KYC) to comply with anti-money laundering regulations. You agree to provide any necessary documentation upon request.

⚠️ Warning: Never share your seed phrase, private keys, or password with anyone. WorldBackupAssets will never ask for your password or seed phrase.

4 Security & Passwords

You are responsible for maintaining the security of your account, including:

  • Creating a strong, unique password
  • Enabling two-factor authentication when available
  • Safely storing your seed phrase offline
  • Not using the same password across multiple services
  • Logging out after each session on shared devices

We are not liable for any loss or damage arising from your failure to comply with these security obligations.

5 Fees & Payments

5.1 Transaction Fees

We charge fees for certain transactions, including but not limited to:

  • Trading fees (maker/taker)
  • Withdrawal fees
  • Network gas fees
  • Card issuance and maintenance fees

5.2 Fee Changes

We may modify our fees at any time. Any fee changes will be posted on our website and will become effective immediately.

5.3 Payment Methods

We accept various cryptocurrencies and may offer fiat on-ramps. You are responsible for any third-party fees associated with your payment method.

6 Digital Assets

6.1 Asset Ownership

When you purchase or receive digital assets through our platform, you own those assets. We do not have any ownership rights over your digital assets.

6.2 Custody

Digital assets held in your wallet are under your control. We do not custody your private keys unless you use our hosted wallet services.

6.3 Blockchain Risks

Transactions on blockchain networks are irreversible. Once confirmed, transactions cannot be cancelled or reversed. You acknowledge that blockchain networks may experience congestion, delays, or other issues.

Note: Always double-check wallet addresses before sending any cryptocurrency. Sending to the wrong address may result in permanent loss of funds.

7 Trading Rules

7.1 Market Manipulation

You agree not to engage in any manipulative, deceptive, or fraudulent trading activities, including but not limited to:

  • Wash trading
  • Spoofing or layering
  • Front-running
  • Pump and dump schemes

7.2 Leverage Trading

Leverage trading involves substantial risk. You acknowledge that you understand the risks and are solely responsible for any losses incurred.

7.3 Order Execution

We strive to execute orders promptly but cannot guarantee execution at a specific price due to market volatility and network conditions.

8 Prohibited Activities

You may not use our Services to:

  • Violate any laws or regulations
  • Fund illegal activities
  • Launder money or finance terrorism
  • Engage in fraud or deception
  • Circumvent our security measures
  • Interfere with other users' access
  • Reverse engineer our platform
  • Use automated scripts or bots without permission

Violation of these prohibitions may result in immediate account termination and reporting to authorities.

9 Risk Disclosure

⚠️ HIGH RISK WARNING: Trading cryptocurrencies involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources, and other circumstances.

Risks include but are not limited to:

  • Market Risk: Cryptocurrency prices are highly volatile and can fluctuate dramatically.
  • Liquidity Risk: Some assets may have limited liquidity, making them difficult to trade.
  • Regulatory Risk: Laws and regulations regarding cryptocurrencies may change.
  • Technology Risk: Blockchain networks may have bugs, forks, or security vulnerabilities.
  • Custody Risk: Loss of private keys may result in permanent loss of funds.
  • Counterparty Risk: Other users may default on their obligations.

You acknowledge and accept these risks and agree that we are not responsible for any losses you may incur.

10 Limitation of Liability

To the maximum extent permitted by law, WorldBackupAssets and its affiliates, officers, employees, and agents shall not be liable for:

  • Indirect, incidental, special, or consequential damages
  • Loss of profits, revenue, or data
  • Business interruption
  • Damages resulting from unauthorized access to your account
  • Acts of God, cyber attacks, or force majeure events

Our total liability shall not exceed the amount you have paid us in the 12 months preceding the claim.

11 Termination

11.1 By You

You may terminate your account at any time by contacting support. Any outstanding fees or obligations will remain due.

11.2 By Us

We may suspend or terminate your account at any time for:

  • Violation of these Terms
  • Suspicious or illegal activity
  • Extended inactivity
  • Legal or regulatory requirements
  • At our sole discretion

11.3 Effect of Termination

Upon termination, you must withdraw any remaining funds. We may convert small balances to account for withdrawal fees.

12 Governing Law

These Terms shall be governed by and construed in accordance with the laws of [Jurisdiction], without regard to its conflict of laws provisions. Any dispute arising under these Terms shall be resolved exclusively by the courts located in [Jurisdiction].

13 Changes to Terms

We may modify these Terms at any time. We will notify you of material changes by:

  • Posting on our website
  • Sending an email notification
  • Prominent notice on the platform

Your continued use of the Services after changes constitutes acceptance of the modified Terms.

14 Contact Us

If you have any questions about these Terms, please contact us:

Acceptance of Terms

By using WorldBackupAssets, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.

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