Crypto Wallet and Exchange policy

Last Updated: Aug 01, 2023.

Introduction:

Caesium Lab offers a multi-blockchain wallet, allowing users to manage and store various cryptocurrencies securely. Additionally, Caesium Lab provides the option for users to exchange tokens through third-party smart contracts or decentralized exchanges (DEXs). This Crypto Wallet and Exchange Policy outlines the terms and conditions governing the use of Caesium Lab's wallet and exchange services.

I. Crypto Wallet Services:

Create or Import Wallet:

Caesium Lab allows users to create new wallets compatible with supported blockchain systems (BTC, ETH, BSC, HECO, TRON, Polkadot, Kusama, EOS, COSMOS, BOS, ENU, MOAC, IOST, and others Caesium Lab may support in the future). Users can also import existing wallets generated by other wallet applications, provided they are compatible with Caesium Lab.

Wallet Password:

Users are required to set a Wallet Password during wallet creation. This password encrypts and protects the private key associated with the wallet. Caesium Lab does not store the Wallet Password on its servers or the user's mobile device. If the user forgets the Wallet Password, recovery will require the Private Key or Mnemonic Words.

Manage Tokens:

Caesium Lab enables users to add, manage, and delete tokens supported by the platform. Users can customize their wallet by selecting the tokens they wish to include or exclude.

Transfer and Receive Tokens:

Users can transfer and receive tokens through Caesium Lab using the wallet's private key to sign transactions. It is important to note that actual token transfers occur on the respective blockchain systems rather than within Caesium Lab.

Market Observation:

Caesium Lab provides users with access to observe the market for tokens supported by the platform. Market data, such as token quotations, is captured from corresponding exchanges and displayed in the "Markets" section.

Browse DApps:

Users can use Caesium Lab to access and interact with various decentralized applications (DApps) developed by Caesium Lab or third-party developers. Caesium Lab serves as an interface tool for DApp interaction.

II. Crypto Token Exchange Services:

Token Exchange:

Caesium Lab allows users to exchange tokens through third-party smart contracts or DEXs. The platform acts as a facilitator, enabling users to interact with third-party services and view corresponding exchange results.

Suspension of Service:

In certain circumstances, Caesium Lab may suspend or limit specific functions for a particular user. However, it is essential to understand that blockchain-based transactions are irreversible, and Caesium Lab cannot reverse or cancel transactions.

III. User Obligations and Acknowledgements:

User Obligations:

Users must comply with all applicable laws, regulations, and policies related to using Caesium Lab's wallet and exchange services.

Risks:

Users acknowledge and understand the risks associated with cryptocurrency transactions, including market volatility, security risks, and the potential for loss of funds. Users are responsible for their own actions and decisions while using Caesium Lab's services.

Third-party Services:

Caesium Lab may offer access to third-party services such as third-party DApps, smart contracts, online wallets, exchanges, and more. Users are responsible for reviewing and accepting the terms and conditions of third-party services they interact with through Caesium Lab.

Liability:

Caesium Lab shall not be liable for any losses or damages incurred by users due to the use of its services, including but not limited to transaction failures, market fluctuations, security breaches, or user errors.

Privacy:

Users acknowledge that certain personal information, as defined in the Privacy Policy, may be collected and processed by Caesium Lab for registration and account purposes.

Conclusion:

By using Caesium Lab's crypto wallet and exchange services, users agree to comply with this Crypto Wallet and Exchange Policy and all relevant terms and conditions. Users should exercise caution, stay informed about cryptocurrency risks, and make informed decisions when using Caesium Lab's services. Caesium Lab reserves the right to update this policy from time to time to reflect changes in its services or applicable regulations.