Terms of Service
Last Updated: May 5, 2025
Please read these Terms of Service ("Terms") carefully before using the OpenFiat mobile application ("App"), website (openfiat.org), and related services (collectively, the "Services") operated by OpenFiat ("we," "us," or "our").
By accessing or using our Services, you agree to be bound by these Terms. If you disagree with any part of the Terms, you may not access the Services.
1. Account Registration
To use certain features of our Services, you may need to create an account. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You agree to provide accurate, current, and complete information during the registration process and to update such information to keep it accurate, current, and complete.
We reserve the right to suspend or terminate your account if any information provided during the registration process or thereafter proves to be inaccurate, not current, or incomplete.
2. Identity Verification
To comply with applicable laws and regulations, we may require you to provide additional information to verify your identity. This may include, but is not limited to, your full name, date of birth, address, government-issued identification, and other documentation or information.
You agree to provide accurate and complete information for identity verification purposes. Failure to provide the requested information or providing false information may result in the suspension or termination of your account.
3. Peer-to-Peer Transactions
Our Services facilitate peer-to-peer fiat currency transactions between users. When using our Services for such transactions:
- You agree to act in good faith and honor all commitments made to other users.
- You are solely responsible for the accuracy of transaction details.
- You acknowledge that we do not guarantee the performance of other users.
- You agree to comply with all applicable laws and regulations regarding financial transactions.
- You understand that we are not a party to transactions between users and do not act as an agent for any user.
4. Prohibited Activities
You agree not to engage in any of the following prohibited activities:
- Violating any applicable laws, regulations, or third-party rights
- Using the Services for illegal activities, including money laundering, terrorist financing, or fraud
- Providing false, inaccurate, or misleading information
- Impersonating another person or entity
- Interfering with or disrupting the Services or servers or networks connected to the Services
- Attempting to gain unauthorized access to any part of the Services
- Using the Services to transmit any viruses, malware, or other malicious code
- Collecting or harvesting any information from the Services without authorization
- Using the Services for any commercial purpose without our prior written consent
5. Intellectual Property
The Services and their original content, features, and functionality are and will remain the exclusive property of OpenFiat and its licensors. The Services are protected by copyright, trademark, and other laws of both the United States and foreign countries. Our trademarks and trade dress may not be used in connection with any product or service without the prior written consent of OpenFiat.
6. User Content
You retain all rights to any content you submit, post, or display on or through the Services ("User Content"). By submitting, posting, or displaying User Content on or through the Services, you grant us a worldwide, non-exclusive, royalty-free license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, and display such content in any media.
You represent and warrant that: (i) you own the User Content or have the right to use it and grant us the rights and license as provided in these Terms, and (ii) the User Content does not violate the privacy rights, publicity rights, copyrights, contract rights, or any other rights of any person or entity.
7. Termination
We may terminate or suspend your account and access to the Services immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.
Upon termination, your right to use the Services will immediately cease. If you wish to terminate your account, you may simply discontinue using the Services or contact us to request account deletion.
8. Limitation of Liability
In no event shall OpenFiat, its directors, employees, partners, agents, suppliers, or affiliates be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Services; (ii) any conduct or content of any third party on the Services; (iii) any content obtained from the Services; and (iv) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage.
9. Disclaimer
Your use of the Services is at your sole risk. The Services are provided on an "AS IS" and "AS AVAILABLE" basis. The Services are provided without warranties of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, non-infringement, or course of performance.
OpenFiat, its subsidiaries, affiliates, and licensors do not warrant that (i) the Services will function uninterrupted, secure, or available at any particular time or location; (ii) any errors or defects will be corrected; (iii) the Services are free of viruses or other harmful components; or (iv) the results of using the Services will meet your requirements.
10. Governing Law
These Terms shall be governed and construed in accordance with the laws of [Your Jurisdiction], without regard to its conflict of law provisions.
Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect.
11. Changes to Terms
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. We will provide notice of any changes by posting the new Terms on this page and updating the "Last Updated" date.
Your continued use of the Services after any such changes constitutes your acceptance of the new Terms. You are advised to review these Terms periodically for any changes.
12. Contact Us
If you have any questions about these Terms, please contact us at:
Email: legal@openfiat.org
Address: [Your Company Address]