If you require any more information or have any questions about our site's disclaimer, please feel free to contact us by email at [email protected]
All the information on this website is published in good faith and for general information purpose only. Rapids Network does not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information you find on this website (www.rapidsnetwork.io), is strictly at your own risk. Rapids Network will not be liable for any losses and/or damages in connection with the use of our website.
From our website, you can visit other websites by following hyperlinks to such external sites. While we strive to provide only quality links to useful and ethical websites, we have no control over the content and nature of these sites. These links to other websites do not imply a recommendation for all the content found on these sites. Site owners and content may change without notice and may occur before we have the opportunity to remove a link which may have gone 'bad'.
Please be also aware that when you leave our website, other sites may have different privacy policies and terms which are beyond our control. Please be sure to check the Privacy Policies of these sites as well as their "Terms of Service" before engaging in any business or uploading any information.
Risks related to the use of Rapids Network Wallets
Rapids Network will not be responsible for any losses, damages or claims arising from events falling within the scope of the following five categories:
1. Mistakes made by the user of any cryptocurrency-related software or service, e.g., forgotten passwords, payments sent to wrong coin addresses, and accidental deletion of wallets.
2. Software problems of the wallet and/or any cryptocurrency-related software or service, e.g., corrupted wallet file, incorrectly constructed transactions, unsafe cryptographic libraries, malware affecting the wallet and/or any cryptocurrency-related software or service.
3. Technical failures in the hardware of the user of any cryptocurrency-related software or service, e.g., data loss due to a faulty or damaged storage device.
4. Security problems experienced by the user of any cryptocurrency-related software or service, e.g., unauthorized access to users' wallets and/or accounts.
5. Actions or inactions of third parties and/or events experienced by third parties, e.g., bankruptcy of service providers, information security attacks on service providers, and fraud conducted by third parties.
Trading and Investment risks
There is considerable exposure to risk in any crypto-currency exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing economic conditions that may substantially affect the price or liquidity of a currency. Investments in crypto-currency exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. It is for this reason that when speculating in such markets it is advisable to use only risk capital.
Electronic Trading Risks
Before you engage in transactions using an electronic system, you should carefully review the rules and regulations of the exchanges offering the system and/or listing the instruments you intend to trade. Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. You should understand these and additional risks before trading.
Compliance with tax obligations
The users of the wallet are solely responsible to determinate what, if any, taxes apply to their crypto-currency transactions. The owners of, or contributors to, the wallet are NOT responsible for determining the taxes that apply to crypto-currency transactions.
The wallet is provided on an "as is" basis without any warranties of any kind regarding the wallet and/or any content, data, materials and/or services provided on the wallet.
Limitation of liability
Unless otherwise required by law, in no event shall the owners of, or contributors to, the wallet be liable for any damages of any kind, including, but not limited to, loss of use, loss of profits, or loss of data arising out of or in any way connected with the use of the wallet. In no way are the owners of, or contributors to, the wallet responsible for the actions, decisions, or other behavior taken or not taken by you in reliance upon the wallet.
The user of the wallet agrees to arbitrate any dispute arising from or in connection with the wallet or this disclaimer, except for disputes related to copyrights, logos, trademarks, trade names, trade secrets or patents.
By using our website and our Wallets, you hereby consent to our disclaimer and agree to its terms.
This Disclaimer was last updated on: Thursday, June 13st, 2019.
Should we update, amend or make any changes to this document, those changes will be posted here.