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Terms & Condition

Review our terms of service to understand your rights and responsibilities when using our products.

Last Updated: Jan 21, 2025

Cosine Labs, Inc., and/or its affiliates ("Cosine", the "Company", "we", "us" or "our") hosts its software services through a top level domain website, https://getcosine.app/ that provides information regarding Cosine Labs and its service offerings. By accessing or using our Service, you agree to be bound by these Terms. Please read them carefully before using the Service. If you do not agree with these Terms, you must not access or use the Service. These Terms may be updated periodically, and you are encouraged to review them regularly.

Acceptance of Terms

By accessing or using Cosine Wallet in any way, including downloading the app, accessing the website, or engaging with our services, you agree to these Terms and our Privacy Policy. If you do not agree to these Terms, you may not use the Service.

Eligibility

To use Cosine Wallet, you must be at least 18 years old or the legal age of majority in your jurisdiction. By agreeing to these Terms, you represent and warrant that you are of legal age to form a binding contract and that you will comply with these Terms. You must also have the legal capacity to enter into a contract and to use the Service in accordance with the law of your jurisdiction.

Account Creation and Security

To use certain features of the Service, you must create an account. By creating an account, you agree to provide accurate and complete information, and you are responsible for maintaining the confidentiality of your login credentials, including your private keys, passwords, and any other authentication data. You agree to notify Cosine Wallet immediately if you become aware of any unauthorized use of your account or any security breaches. You are solely responsible for all activity that occurs under your account, and we are not liable for any unauthorized access or use of your wallet, assets, or data.

Wallet Functionality

Cosine Wallet is a self-custody cryptocurrency wallet, meaning that we do not hold or control your assets. Your funds, private keys, and wallet information are stored locally on your device, and you alone are responsible for the security of your private keys and recovery phrases. You acknowledge that you are solely responsible for the management and security of your wallet. If you lose your private keys or recovery phrase, you will lose access to your funds, and we cannot help you recover them. Cosine Wallet does not store or have access to your private keys.

Supported Cryptocurrencies and Tokens

Cosine Wallet supports a variety of cryptocurrencies and tokens, including but not limited to Ethereum, Base, Optimism, Binance Smart Chain, Polygon, Avanlanche and Arbitrum. We may add, remove, or modify support for different cryptocurrencies and networks at any time without notice. The list of supported tokens and networks is available on our website or within the application, and you are responsible for ensuring that the assets you manage are supported by the Service. You acknowledge that digital assets, including cryptocurrencies and tokens, are subject to volatility and risks, and you agree that Cosine Wallet is not liable for any loss in value or financial loss related to the use of digital assets within the Service.

Use of the Service

You agree to use the Service for lawful purposes only and in accordance with applicable laws and regulations. You agree not to use the Service to:

  • Engage in any illegal or fraudulent activity, including but not limited to money laundering, fraud, or market manipulation.
  • Violate the intellectual property rights of Cosine Wallet or third parties.
  • Attempt to reverse-engineer, decompile, or disassemble the Service or any part of it.
  • Use the Service in a manner that disrupts, damages, or overburdens our infrastructure or the networks associated with the Service.

Any breach of this section may result in the suspension or termination of your access to the Service.

Fees and Charges

Cosine Wallet may charge fees for certain features or services, such as transaction fees, network fees, or other fees associated with blockchain operations. These fees are clearly disclosed within the Service or at the point of transaction, and are subject to change without prior notice.

We do not control or collect any blockchain network fees. These fees are set by the relevant blockchain network, and you are responsible for paying them.

Privacy and Data Collection

We take your privacy seriously. Our Privacy Policy explains what data we collect, how it is used, and how it is protected. By using the Service, you agree to the collection and use of your data in accordance with our Privacy Policy.

Please note that as a self-custody wallet, we do not store personal information about your crypto transactions, private keys, or recovery phrases. However, certain data may be collected for operational purposes, including but not limited to, service performance, customer support, and user experience enhancement.

Security Risks

While we implement industry-standard security measures, including encryption and multi-signature technology, the use of cryptocurrency and blockchain networks is inherently risky. Transactions are irreversible, and once your private key is lost, you cannot recover your funds. You are responsible for safeguarding your wallet, private keys, and recovery phrases.

You understand and acknowledge the risks associated with using the Service, including the risks of hacking, phishing attacks, malware, and other security threats. Cosine Wallet is not responsible for any loss, damage, or theft of your assets due to security breaches.

Limitations of Liability

To the maximum extent permitted by applicable law, Cosine Wallet, its founders, employees, partners, or affiliates, shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including but not limited to, loss of profits, loss of digital assets, loss of data, or business interruption, arising from:

  • Your use of or inability to use the Service.
  • Unauthorized access to your account or assets.
  • Errors, bugs, or interruptions in the Service.
  • Actions or inactions by third-party services, such as blockchain networks, exchanges, or other external platforms.

You agree to indemnify and hold harmless Cosine Wallet and its affiliates from any and all claims, damages, liabilities, and expenses arising out of your use of the Service, your violation of these Terms, or any third-party claims related to your use of the Service

Changes to the Service

We reserve the right to modify, suspend, or discontinue the Service at any time, with or without notice. We may also update these Terms from time to time to reflect changes in our services or the legal landscape. All updates to these Terms will be posted on our website, and the updated Terms will become effective upon posting.

Your continued use of the Service after such updates constitutes your acceptance of the new Terms.

Termination

We may suspend or terminate your access to the Service at our sole discretion, without notice, for any reason, including but not limited to:

  • Violation of these Terms.
  • Engaging in fraudulent or illegal activity.
  • Requesting to terminate your account or cease using the Service.

Upon termination, your access to the Service will be revoked, and you are responsible for ensuring that you have transferred or otherwise secured any digital assets before the termination becomes effective.

Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of Delaware, USA. Any disputes arising out of or related to these Terms shall be resolved through binding arbitration, rather than in court, except for disputes related to intellectual property rights, which may be litigated in a court of competent jurisdiction.

Miscellaneous

  • Severability: If any provision of these Terms is deemed invalid or unenforceable, the remaining provisions will remain in full effect.
  • No Waiver: Our failure to enforce any provision of these Terms shall not be construed as a waiver of that provision or of any other provision.
  • Entire Agreement: These Terms constitute the entire agreement between you and Cosine Wallet regarding your use of the Service, superseding any prior agreements or communications.

Contact Us

If you have any questions, concerns, or feedback regarding these Terms of Service or the Cosine Wallet platform, please contact us at:

Email: [email protected]
Website: https://getcosine.app/

Thank you for using Cosine Wallet. We're excited to have you on this journey into the world of decentralized finance!