1. Acknowledgment of Digital Asset Risks

The User acknowledges that cryptocurrencies, digital tokens, and virtual assets are highly volatile instruments subject to regulatory changes, security risks, and extreme price fluctuations. By using these services, the User declares that they are fully aware of the inherent risks and accepts full responsibility for their decisions.

2. Non-Banking Nature of the Service

Binvank™ is not a bank or a regulated custodian. The use of integrated or connected wallets is offered purely as a technological functionality to enhance the user experience, and does not represent a deposit-taking or financial trust activity under traditional banking regulations.

3. Custody, Control, and Access

The User is solely responsible for:

• Maintaining secure access to their connected or custodial wallets.
• Protecting their private keys, recovery phrases, or associated credentials.
• Ensuring that any connected external wallet is legitimate and under their direct control.

Binvank™ shall not be liable for losses arising from:

• Theft, hacking, or phishing attacks.
• User errors when entering withdrawal addresses or selecting the wrong network.
• Failures in the underlying blockchain network.

4. Crypto Asset Transactions

Cryptocurrency transactions conducted within the Platform are irreversible. The User agrees that:

• Blockchain confirmations may be delayed depending on network congestion.
• Once initiated, a transaction cannot be canceled.
• Network fees (gas fees) shall be borne by the User.

5. Crypto-to-Fiat Conversion

Where available, the automatic conversion functionality between digital assets and fiat currencies is provided through third-party integrations. Binvank™ acts solely as a technical facilitator and does not guarantee specific exchange rates or continuous availability of this service.

6. Compliance and Regulation

The User agrees not to use crypto services for illicit purposes, including but not limited to:

• Money laundering.
• Terrorism financing.
• Tax evasion.
• Purchasing illegal goods or services.

Binvank™ reserves the right to suspend transactions, block funds, or report suspicious activity in accordance with its AML/KYC policies.

7. Limitation of Liability

Binvank™ shall not be held responsible for:

• Losses due to price fluctuations or market crashes.
• Incompatibility with smart contracts or unsupported tokens.
• Failures arising from wallet providers, ramps, or external exchanges.

8. Availability and Restrictions

Cryptocurrency-related services may not be available in certain jurisdictions or to specific User profiles, based on internal risk and compliance criteria.

9. Clause Updates

This clause may be amended at any time to reflect regulatory, technological, or risk-related changes. The current version will be published on binvank.com and acceptance will be required to continue using the related services.

10. Acceptance

By operating with digital assets within or through Binvank™, the User acknowledges that they understand, accept, and assume the risks outlined in this clause.