Terms of Use

Last Updated: 2023-11-30 15:08:30

Terms of Use

by Egon Technology Limited & Egon Labs LLC.

Please read these Terms of Use carefully as they govern your use of Egon Wallet developed by Egon Technology Limited & Egon Labs LLC.

By using Egon Wallet you declare to agree to be legally bound to these Terms of Use, including our Privacy Policy, Fee Policy, Risk Disclosure and any other terms or policies related to our Services.

These Terms of Use are entered into Egon Wallet (hereinafter referred to as 'EgonWallet', 'we' or 'us' and 'our') and you. By clicking in the button 'I accept these terms' or using Egon Wallet (as defined below) you accept these Terms of Use and related policies (Privacy Policy, Fee Policy or any other policy created in order to rule the relationship between you and us). You declare that you have fully read, understood, and accepted all terms, policies, and conditions applicable to this Terms of Use.

You also declare to be aware of the risks and high volatility of the crypto market and that you have performed your own and independent research. This applies to your use of the features like swap, stake, liquidity and overall DEX.

Egon Wallet is a platform for Crypto-to-Crypto spot trading and does not contain at the moment capabilities to provide Futures, Leverage, or other non-crypto-to-crypto trading. Whenever new capabilities are introduced in Egon Wallet this Terms of Use and other provisions will be adjusted to reflect new trading options and related policies.

All users must understand the risks involved in Digital Assets trading and are recommended to exercise prudence and trade responsibly within their own capabilities. The use of Egon Wallet is restricted to people over 18 years old. Some countries may be excluded from the Services due to local legal restrictions.

The use of Egon Wallet is limited to compliant user and any illegal activities or market misconducts are forbidden and may be used as basis for suspension or termination of the Services.

1. Terms and Key Definitions:
Egon means Egon Wallet or any other tool or system developed in the EgonCoin Ecosystem. Examples: Egon Wallet, Egon Swap or Egon Stake, or Egon Liquidity Pool, any new tool and systems yet to be developed and launched by the Egon team from the Eagle Network Team.
Holdings means any funds composed by digital tokens purchased or transferred from an external account and kept in the Egon Wallet.
Digital Assets refers to tokens or digital currencies, their derivatives, or other types of digitalized assets with or without a certain value, such as Binance, ETH, Bitcoin, EGON, EAN.
User is the person that have agreed with this Terms of Use and related policies and provided all personal information requested for onboarding and to whom Egon Wallet has granted access to its functionalities.
Egon Wallet Account is the group of your personal data informed by you to EgonWallet, your Holdings and any other relevant fact or information that may be related to your relationship with us.

Third-Party Service Provider is any kind of service provider you may use that is not part of the EgonCoin Ecosystem. Restricted Locations are jurisdictions whereby Egon restrict or prohibit the use of Egon Wallet for any business or legal reasons. Crypto-to-crypto trading refers to spot transactions in which one Digital Asset is Wallet for another Digital Asset.

2. User Registration and General Clauses
In order to use Egon Wallet you must install the wallet app into your mobile phone. Your personal information is not needed for you to use the wallet. No KYC requirements. By agreeing with these Terms of Use you acknowledge, authorize, and agree that: you are at least 18 years old, have full legal capacity to enter into this agreement; have not been suspended of removed from any system or tool part of Egon Ecosystem or Eagle Network project; that you will only access Egon Wallet using the authorized website or app for your country; and, that your use of Egon Wallet is not intended to violate any laws or regulations, of any country, as anti-money laundering, anti-corruption and counter-terrorist financing acts. Please refer to our Privacy Policy for information about how we collect, use, and disclose your personal data.

3. Services
Egon Wallet app created by Egon Technology LLC is a platform for crypto-to-crypto spot trading where you and another user of Egon Wallet agree to Wallet to wallet exchange on different types of Digital Assets by a specific agreed rate. Egon Wallet does not purchase, sell, or Wallet digital assets on its own behalf in any circumstances. Egon Wallet provides its services by providing the technical environment and mechanisms for its users to sell and buy Digital Assets.
Egon Wallet, nor any other Egon Tool or item part of Egon Ecosystem, has no responsibility to determine, calculate, estimate, withhold, collect, report nor take any other action regarding tax liabilities that may arise from any of your trades using Egon wallet or Eagle Network project.
Transfer of Funds to Wallet
If you decided to use Egon Wallet, it is needed to transfer funds to your Egon Wallet Account. This transaction may be subject to fees charged by the service provider of your use (external wallet or third part Wallet). Egon Wallet has no kind of relationship with these third-party service providers, their fees, and the security of such tools. Considering that the speed of a transfer may vary depending on the blockchain used by you and on the fees you opt to pay on each transfer you order or instruct, it is important to highlight that Egon Wallet cannot guarantee nor regulate the speed of transfer of funds from any third-party service provider into your Egon Wallet App. Additionally, it is of your own responsibility to make sure that you are using an address that matches the blockchain of a specific Digital Asset being transferred by you into Egon Wallet since a mistakenly instructed order may cause the permanent loss of your Digital Assets. Therefore, you agree, acknowledge, and declare that you are solely responsible for the management of such funds, their security, and costs of any transfer funds into Egon Wallet.

Transfer of Funds from Egon Wallet
Transfer of funds from your Egon Wallet Account to an account kept by you in a third-party service provider is possible whenever balance is available in your Egon Wallet App. In case the transfer order is rejected by an external account, sent to an unavailable account or to a mistakenly informed address you agree that you will not hold Egonwallet App liable for such transactions if your funds are lost. Fess will be charged on the transfer of funds from Egon Wallet based on the fees applicable on the chosen blockchain or network at the moment of the transaction. Considering that the speed of a transfer may vary depending on the blockchain used by you on a specific transfer you order or instruct, it is important to highlight that Egon Wallet cannot guarantee nor regulate the speed of transfer of funds to a third-party service provided from your Egon Wallet and you understand and acknowledge that it may vary depending on general market conditions. The fees applicable to these transactions may also vary depending on the blockchain chosen by you and general market conditions. Additionally, it is of your own responsibility to make sure that you are using an address that matches the blockchain of a specific Digital Asset being transferred by you to transfer your assets from Egon Wallet to a third-party service provider since a mistakenly instructed order may cause the permanent loss of your Digital Assets. Therefore, you agree, acknowledge, and declare that you are solely responsible for the management of such funds, their security, and costs of any transfer funds from EgonWallet App.
Independent Relationship (DYOR)
Egon Wallet is a platform that enable its users to trade Digital Assets. As such Egon Wallet does not constitute or act as a trustee, broker, intermediary, agent, advisor, fiduciary agent or, in any manner, intends to be considered as advisor, financial advisor, investment advisor or any sort of advisor. All communications, letters, e-mails, messages or institutional communication from Egonwallet to you are intended exclusively to guide you on the mechanisms of the Egon Wallet and are not recommendations of trades or orientation to you to buy or sell any asset. You acknowledge and agree that you have conducted your own and independent due diligence and research on the crypto market and that you are fully aware of legal and tax consequences and any other consequence of becoming an investor in the Digital Assets market.
You agree to pay fees established in this link for the trades using Egon Wallet. These fees may be changed and updated at EgonWallet´s discretion at any time being applicable from the effective date indicates in our communication. By agreeing to this Terms of Use you authorize the deduction of fees from your account when applicable. This only applies to use of Wallet of crypto to crypto Wallet which fees must be paid.
By agreeing to this Terms of Use you agree to receive all documentation related to your relationship, including, but not limited to trades and personal data, with us in the e-mail you provided as you contact the team for some specific matter.

4. Other Clauses
All intellectual property involved in the Egon Wallet and other tools in the EgonCoin Ecosystem and Eagle Network project are property of Egonwallet and the Egon Blockchain unless otherwise indicated. Egon Wallet grants you the limited, non-exclusive, and non-sublicensable license to access and use Egon Wallet and its content for your personal use. Such license is subject to these Terms of Use and does not permit any resale, distribution, or any use of it other than for their intended purposes. The license granted under this section will automatically terminate if we suspend or terminate your access.

These Terms of Use, other applicable policies, and other agreements or communications from Egonwallet have been drafted in English. Although translations in other languages of any of the foregoing documents may be available, such translations may not be up to date or complete. Accordingly, you agree that in the event of any conflict between the English language version of the foregoing documents and any other translations thereof, the English language version of such documents shall govern and prevail.

Egonwallet reserves the right to make modifications, change, update, revise, suspend or modify these Terms of Use in its discretion at any time. Egonwallet is not obliged to notify such changes in its terms and policies but assure that any modifications will be updated on its website and we will provide you with notice of such changes. Any changes will become valid upon the date you accept such changes or if you continue to use our services for 21 (twenty-one) days after we provide notice of the changes. You must terminate use of Egon Wallet App in case you do not agree to the amended Terms of Use.

Compliance with Local Laws
You hereby declare, agree, acknowledge, and understand that it is your responsibility to comply with your local law, legislation, and regulations regarding all of their aspects. Also, you declare that you will not, in any form, use Egon Wallet in your country if it is prohibited. Additionally, you declare that your funds have legitimate origins and do not originate from any illegal activities and you also represent and warrant that you are not part of any list of trade or economic embargo.

Disclaimer. Damages. Limitation of Liabilities.
You hereby understand and agree that Egonwallet, or EgonCoin or CryptoKara or EgonSwap or Eagle Network nor our directors, officers, members, employees, agents or contractors will be liable for any damages, losses of profit, losses of data, or any other kind of losses connected or arising from the use or of the inability to use Egon Wallet, regardless the origin or result of such losses, included but not limited to mistakes, omissions, interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission, service interruption for scheduled or unscheduled maintenance, other users actions, third-party actions or omissions or any failure of performance, whether or not resulting from a force majeure event, communications failure, theft of, destruction of or unauthorized access to EgonCoin Ecosystem records, programs or services. Additionally, you hereby acknowledge and agree that EgonWallet has no control or liability in relation to any aspect (delivery, quality, safety, legality or other) to the Digital Assets traded in Egonwallet App.

Personal Data
Personal data collect ( from your direct contract the team) will be properly protected and kept confidential. You hereby agree and acknowledge that Egonwallet has the right to collect, process, use or disclose your personal data in accordance with this Terms of Use and related policies, including but not limited to the Privacy Policy or applicable laws.

Dispute Resolution
Egonwallet Help Center is a 24/7 support tool a knowledge base portal at - https://egonwallet.com/help to address any concerns and questions that may arise from your relationship with Egon Wallet and with any other tool of EgonCoin Ecosystem. It is a fast, personal, and optimal experience to support operations. In this sense you acknowledge and agree that all issues you may have with Egonwallet should first be brought to us through this channel and also that you will always act and negotiate in good faith whenever there is an issue to be dealt with between Egon Wallet and you. Egonwallet will always act in good faith to achieve a good negotiated solution.

Egon Technology Limited
Egon Labs LLC