Terms of Use

These Terms of Use govern your access and usage of ARK Wallet. By downloading, installing, or using ARK Wallet, you agree to abide by these terms. Please read them carefully to understand your rights and responsibilities.

1. Common provisions (parties)

These Terms of Use are entered into between you (the “User”) and ARK Wallet (the “Service Provider”).

The User refers to any individual or entity accessing the ARK Wallet desktop application.
ARK Wallet refers to the software service offering secure cryptocurrency management, accessible via Windows and macOS platforms.

By continuing to use ARK Wallet, you acknowledge that you have read and accepted these Terms.

2. Purpose and Overview of Services

ARK Wallet is a desktop application designed to securely store, manage, and facilitate transactions for ARK-based cryptoassets. The purpose of this service includes:

Providing users with tools to send, receive, and manage ARK-based tokens.
Offering seamless integration into ARK Blockchain for governance and participation.
Supporting offline storage of private keys to ensure enhanced security.
Enabling real-time data synchronization to stay connected to the ARK ecosystem.

The application aims to balance simplicity with advanced features for both new and experienced users.

3. Eligibility and Prohibition of use

To use ARK Wallet, you must:

Be at least 18 years old or meet the legal age of majority in your jurisdiction.
Use the wallet in compliance with applicable laws and regulations.
Accept full responsibility for the management of your private keys and wallet credentials.

The following actions are strictly prohibited:

Using ARK Wallet for any illegal or unauthorized activities.
Attempting to reverse-engineer, exploit, or modify the application.
Sharing private keys or recovery phrases with third parties.

Failure to adhere to these requirements may result in termination of access.

4. Our Services

ARK Wallet provides the following features:

Multi-Asset Support: Manage and exchange ARK-based cryptoassets seamlessly.
Secure Offline Storage: Private keys remain on your device, ensuring full user control.
Governance Tools: Vote for validators directly from the wallet.
Transaction Tracking: Monitor and analyze all blockchain activities in real time.
Cross-Platform Availability: Supported on Windows and macOS for desktop users.

We reserve the right to add or adjust services as part of regular updates.

5. Company Rights and Obligations

ARK Wallet maintains the following rights:

To update the software regularly to improve functionality and security.
To suspend or terminate access to users found violating these Terms.
To provide updates regarding new features and services.

Obligations:

ARK Wallet does not store private keys or recovery phrases. Users bear sole responsibility for their security.
We ensure that the wallet operates transparently with open-source principles where applicable.

6. Security

We prioritize the security of your assets and data through:

End-to-End Encryption: All critical information remains encrypted on your device.
BIP-39 Recovery Phrases: Users are required to back up their unique 24-word passphrase securely.
Data Control: Private keys never leave your local environment.

Warning

Losing access to your recovery phrase means permanent loss of your funds. ARK Wallet cannot recover your credentials.

7. Risk Disclosure

Using ARK Wallet involves certain risks inherent to cryptocurrency and blockchain technologies, including:

Market Volatility: Cryptocurrency prices may fluctuate significantly.
User Responsibility: Mismanagement of private keys, recovery phrases, or transactions could result in asset loss.
Blockchain-Related Risks: Delays, errors, or disruptions may occur due to blockchain networks.
Third-Party Risks: Integration or interaction with third-party services outside ARK Wallet’s control.

Users must exercise caution and understand the associated risks before engaging with cryptocurrencies.