Agreement & Definitions
These Terms of Use ("Terms") constitute a legally binding agreement between you ("User," "you," "your") and QFSLedger AG ("Company," "we," "us," "our") governing your access to and use of our quantum-secured crypto protection services.
Key Definitions
- Services
- Quantum-secured wallet protection, multi-signature recovery, threat detection, and related security features accessible via our platform.
- Platform
- The QFSLedger website, mobile applications, APIs, and associated infrastructure enabling our Services.
- Digital Assets
- Cryptocurrencies, tokens, or other blockchain-based digital representations of value that you protect using our Services.
- Private Keys
- Cryptographic keys that provide access to and control over Digital Assets. We never access or store these.
- Recovery Phrase
- A series of words that can regenerate Private Keys. You are solely responsible for securing this.
Contract Formation
Your use of our Services constitutes acceptance of these Terms. We may update these Terms periodically, and continued use constitutes acceptance of changes. Material changes will be notified via email or platform announcement.
Eligibility & Accounts
Eligibility Requirements
By using our Services, you represent and warrant that you:
- Are at least 18 years old and have legal capacity to enter binding contracts
- Are not a resident of prohibited jurisdictions (currently including North Korea, Cuba, Iran, Syria, Crimea Region)
- Are not subject to economic sanctions or designated on any restricted parties list
- Will use Services only for lawful purposes and in compliance with all applicable laws
Account Security Responsibilities
You are solely responsible for:
- Maintaining the confidentiality of your account credentials, recovery phrases, and private keys
- Enabling and properly configuring all available security features (2FA, biometrics, etc.)
- Monitoring your account for unauthorized activity and immediately reporting suspicious events
- Ensuring all account information remains accurate, complete, and up-to-date
Account Termination Rights
We reserve the right to suspend or terminate accounts that violate these Terms, engage in fraudulent activity, or pose security risks to our platform or other users. Terminated accounts may forfeit access to certain features and data.
Service Terms
Non-Custodial Nature
QFSLedger is a non-custodial security platform. We never take possession, custody, or control of your Digital Assets or Private Keys. Our Services provide security infrastructure and tools, but you maintain complete control and responsibility for your cryptographic assets at all times.
Service Features & Limitations
| Service Feature | Description | Limitations |
|---|---|---|
| Quantum Encryption | Post-quantum cryptographic protection for your security data | Does not protect against quantum attacks on blockchain consensus |
| Multi-Sig Recovery | Distributed key sharding across multiple secure locations | Requires minimum threshold of shards; permanent loss if threshold not met |
| AI Threat Detection | Machine learning algorithms monitoring for security threats | May generate false positives; not a guarantee against all attacks |
| Insurance Coverage | $250M insurance for platform security failures | Excludes user negligence, market losses, and regulatory actions |
Service Availability
While we target 99.99% uptime, Services may be temporarily unavailable due to maintenance, security updates, or unforeseen circumstances. We are not liable for losses incurred during service interruptions. Scheduled maintenance will be announced in advance when possible.
User Obligations
Prohibited Activities
You agree not to use our Services for:
- Money laundering, terrorist financing, or other illegal financial activities
- Fraud, deception, or misrepresentation of any kind
- Attempting to circumvent our security measures or probe system vulnerabilities
- Harvesting or collecting user information without consent
- Interfering with or disrupting the integrity or performance of our Services
- Violating any applicable laws, regulations, or third-party rights
Compliance Responsibilities
You are solely responsible for:
- Complying with all applicable tax laws and reporting requirements for your jurisdiction
- Providing accurate KYC/AML information when required by law or our policies
- Ensuring your use of Services complies with local regulations regarding crypto assets
- Not using Services if prohibited by your country of residence or citizenship
Risk Disclosures
Acknowledgment of Risks
You acknowledge and accept the following substantial risks associated with using our Services:
| Risk Category | Description | Mitigation |
|---|---|---|
| Market Risk | Digital Assets are highly volatile; values can fluctuate dramatically | Diversify holdings; never invest more than you can afford to lose |
| Security Risk | Loss of private keys or recovery phrases results in permanent asset loss | Use hardware wallets; store recovery phrases in multiple secure locations |
| Regulatory Risk | Changing regulations may restrict or prohibit crypto activities | Stay informed about local laws; consult legal/tax professionals |
| Technical Risk | Blockchain protocols may have bugs, forks, or consensus failures | Monitor protocol updates; use established blockchain networks |
| Quantum Risk | Future quantum computers may break current cryptographic standards | We implement post-quantum cryptography; migrate to quantum-resistant chains |
Your Risk Management
While we provide advanced security infrastructure, ultimate responsibility for risk management rests with you. You should only use Digital Assets you can afford to lose, maintain proper backups, and stay informed about evolving risks in the crypto ecosystem.
Fees & Payments
Service Fee Structure
Our current fee structure is as follows (subject to change with 30 days notice):
| Service Tier | Monthly Fee | Features | Insurance Coverage |
|---|---|---|---|
| Basic | $9.99/month | Quantum encryption, basic recovery | $100,000 |
| Professional | $29.99/month | Multi-sig, AI monitoring, priority support | $1,000,000 |
| Enterprise | Custom pricing | Custom solutions, dedicated support | Up to $250,000,000 |
Payment Terms
Fees are billed in advance on a monthly basis. You authorize us to charge your payment method automatically. Failed payments may result in service suspension. All fees are non-refundable except as required by law.
Tax Responsibility
You are solely responsible for determining what, if any, taxes apply to your use of our Services and for reporting and remitting the correct tax to the appropriate tax authorities. We do not provide tax advice and recommend consulting a qualified tax professional.
Liability & Disclaimers
Limited Liability
To the maximum extent permitted by law, QFSLedger's total liability to you for any claim arising from or relating to these Terms or our Services shall not exceed the greater of (a) the amount you paid us in fees during the 12 months preceding the claim, or (b) $100.
Warranty Disclaimers
Our Services are provided "AS IS" and "AS AVAILABLE" without warranties of any kind. We expressly disclaim all warranties, whether express or implied, including:
- Warranties of merchantability, fitness for a particular purpose, or non-infringement
- Warranties that Services will be uninterrupted, secure, or error-free
- Warranties regarding the accuracy, reliability, or completeness of any information
- Warranties that Services will prevent all losses or security breaches
Force Majeure
We are not liable for delays or failures in performance resulting from circumstances beyond our reasonable control, including acts of God, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, strikes, shortages of transportation facilities, fuel, energy, labor or materials, or Internet disturbances.
General Provisions
Governing Law & Jurisdiction
Governing Law
Swiss law, excluding conflict of law provisions
Jurisdiction
Canton of Zug, Switzerland courts
Dispute Resolution
Mandatory arbitration in Zurich
Dispute Resolution Process
Before initiating formal proceedings, you agree to:
- Contact our support team to attempt informal resolution
- If unresolved, participate in mandatory mediation in Zurich, Switzerland
- If mediation fails, submit to binding arbitration under Swiss Rules
Amendments & Termination
We may modify these Terms at any time. Continued use after modifications constitutes acceptance. Either party may terminate these Terms at any time by ceasing use of Services. Provisions relating to liability, disputes, and intellectual property survive termination.
Contact Information
For questions about these Terms, contact: legal@QFSLedger.com or QFSLedger AG, Baarerstrasse 14, 6300 Zug, Switzerland. European Union users may contact our EU representative at: eu-representative@QFSLedger.com.