Terms & Conditions

Last updated: November 28, 2021

1. These terms and conditions

1.1. These terms and conditions outline the rules and regulations for the use of PremiumWallet's Website, located at https://www.premiumwallet.io.

1.2. The following terminology applies to these Terms and Conditions, Privacy Statement and Disclaimer Notice and all Agreements: "Client", "You" and "Your" refers to you, the person log on this website and compliant to the Company’s terms and conditions. "The Company", "Ourselves", "We", "Our" and "Us", refers to our Company. "Party", "Parties", or "Us", refers to both the Client and ourselves. All terms refer to the offer, acceptance and consideration of payment necessary to undertake the process of our assistance to the Client in the most appropriate manner for the express purpose of meeting the Client’s needs in respect of provision of the Company’s stated services. Any use of the above terminology or other words in the singular, plural, capitalization and/or he/she or they, are taken as interchangeable and therefore as referring to same.

1.3. Please read these terms and conditions carefully before you use any Services or the Digital Content. These terms and conditions tell you who we are, how the Services or the Digital Content wil be made available to you, how you and we may change or end the contract and other important information.

2. By using the Services or the Digital Content you accept these terms and conditions

2.1. By using the Services or the Digital Content, we assume you accept these terms and conditions. Do not continue to use PremiumWallet if you do not agree to take all of the terms and conditions stated on this page.

3. User account

3.1. PremiumWallet allows only one account per user. Multiple accounts creation are strictly forbidden. Any attempt to create multiple accounts will lead to termination of all accounts.

4. You must keep your account details safe

4.1. When you use PremiumWallet, you will be asked to provide a password and / or 2FA secret code. You must keep your password, 2FA secret code and all other information provided as part of our security procedures safe and confidential. You must not disclose this information to any third party.

4.2. You must use a unique password which you do not use for any other service, product or digital content.

4.3. You are responsible for ensuring and maintaining the security of any device on which you use or access the Services or the Digital Content.

4.4. If you know or suspect that anyone other than you knows your password or 2FA secret code, you must promptly notify us at https://www.premiumwallet.io/support.

5. Transactions (Deposit and Withdrawal) at PremiumWallet

5.1. Due to the nature of the crypto blockchain, transactions at PremiumWallet cannot be reversed or cancelled. We will not be responsible for any loss or damage suffered by you for transactions executed by you or any third party including (but not limited to):

  • 5.1.1. sending crypto to the incorrect recipient;
  • 5.1.2. sending a recipient the incorrect amount of crypto in respect of any transaction;
  • 5.1.3. failing to include the associated payment id / destination tag / memo / message / attachment with a transaction;
  • 5.1.4. the time taken to transmit or receive cryto (because the speed and operation of the network is outside of our control); or
  • 5.1.5. any other error.

6. Withdrawal Fees

6.1. Please note that withdrawal fee will be applied to the withdrawal of crypto from PremiumWallet to an external wallet.

6.2. Each withdrawal is subject to a withdrawal fee which is set at a fixed rate as outlined at the Supported Currencies table. The withdrawal fee is based on many factors including the withdrawal currency, account choosen for withdrawal and speed of desired transaction on the blockchain.

6.3. PremiumWallet will deduct the withdrawal fee from the sending user’s wallet when the sender initiates a withdrawal.

6.4. Withdrawal of crypto will be subject to the sending user having sufficient funds in their wallet when the sender initiates a withdrawal.

7. Minimum withdrawal limit

7.1. Although the account balances for all currencies at PremiumWallet show 8 decimal places, the Services and the Digital Content only permit you to withdraw up to a specific decimal places as outlined at the Supported Currency table. This is to comply with the standard of decimal places set by each currency.

7.2. A minimum withdrawal limit is applied to each of the currencies as outlined at the Supported Currencies table, depends on the withdrawal currency and the account choosen for withdrawal.

8. Coins Exchange

8.1. The exchange of coins may not be completely filled at the time of initiates the exchange. The exchange of coins may be filled up gradually as and when other users are placing orders at the opposing side.

8.2.The exchange of coin includes 1.5% exchange fee. The exchange fee may change from time to time without prior notice.

8.3. There are many factors that you should consider before exchanging coins, for example the prospects of price fluctuation, risk to your capital and market illiquidity. Past performance is not an indication of future performance and the value of cryptocurrencies may go down as well as up.

8.4. We shall be in no way liable for any loss or damage you may incur as a result of your use of coin exchanges or engaging in exchanging coins at PremiumWallet.

9. Use of API (Application Programming Interface) provided by PremiumWallet

9.1. API allows faucet sites owner or developer to programatically perform some tasks in an automated way such as sending payments, query account balance, automate withdrawal, automate exchange, query transactions history, query exchange history and more.

9.2. You will received an API key and a secret key associated to the API key when you have successfully added and activated your site. This API key should be used to perform site owner related tasks such as sending payments, query faucet account balances and check payout history.

9.3. You will received an API key and a secret key associated to the API key when you have requested from the settings page. This API key should be used to perform main account and exchange related tasks such as create deposit address, withdraw from main account, query main account balances, check deposits/withdrawals history, automate exchanges and check exchanges history.

9.4. By using API service provided by PremiumWallet, you agree to not spam PremiumWallet's servers with excessive or unintended API calls.

10. General

10.1. Cookies

We employ the use of cookies. By accessing PremiumWallet, you agreed to use cookies in agreement with the PremiumWallet's Privacy Policy.

Most interactive websites use cookies to let us retrieve the user’s details for each visit. Cookies are used by our website to enable the functionality of certain areas to make it easier for people visiting our website. Some of our affiliate/advertising partners may also use cookies.

10.2. License

Unless otherwise stated, PremiumWallet and/or its licensors own the intellectual property rights for all material on PremiumWallet. All intellectual property rights are reserved. You may access this from PremiumWallet for your own personal use subjected to restrictions set in these terms and conditions.

You must not:

  • Republish material from PremiumWallet
  • Sell, rent or sub-license material from PremiumWallet
  • Reproduce, duplicate or copy material from PremiumWallet
  • Redistribute content from PremiumWallet

10.3. Hyperlinking to our Content

The following organizations may link to our Website without prior written approval:

  • Government agencies;
  • Search engines;
  • News organizations;
  • Online directory distributors may link to our Website in the same manner as they hyperlink to the Websites of other listed businesses; and
  • System wide Accredited Businesses except soliciting non-profit organizations, charity shopping malls, and charity fundraising groups which may not hyperlink to our Web site.

These organizations may link to our home page, to publications or to other Website information so long as the link: (a) is not in any way deceptive; (b) does not falsely imply sponsorship, endorsement or approval of the linking party and its products and/or services; and (c) fits within the context of the linking party’s site.

We may consider and approve other link requests from the following types of organizations:

  • commonly-known consumer and/or business information sources;
  • dot.com community sites;
  • associations or other groups representing charities;
  • online directory distributors;
  • internet portals;
  • accounting, law and consulting firms; and
  • educational institutions and trade associations.

We will approve link requests from these organizations if we decide that: (a) the link would not make us look unfavorably to ourselves or to our accredited businesses; (b) the organization does not have any negative records with us; (c) the benefit to us from the visibility of the hyperlink compensates the absence of PremiumWallet; and (d) the link is in the context of general resource information.

These organizations may link to our home page so long as the link: (a) is not in any way deceptive; (b) does not falsely imply sponsorship, endorsement or approval of the linking party and its products or services; and (c) fits within the context of the linking party’s site.

If you are one of the organizations listed in paragraph 2 above and are interested in linking to our website, you must inform us by sending an e-mail to PremiumWallet. Please include your name, your organization name, contact information as well as the URL of your site, a list of any URLs from which you intend to link to our Website, and a list of the URLs on our site to which you would like to link. Wait 2-3 weeks for a response.

Approved organizations may hyperlink to our Website as follows:

  • By use of our corporate name; or
  • By use of the uniform resource locator being linked to; or
  • By use of any other description of our Website being linked to that makes sense within the context and format of content on the linking party’s site.

No use of PremiumWallet's logo or other artwork will be allowed for linking absent a trademark license agreement.

10.4. iFrames

Without prior approval and written permission, you may not create frames around our Webpages that alter in any way the visual presentation or appearance of our Website.

10.5. Content Liability

We shall not be hold responsible for any content that appears on your Website. You agree to protect and defend us against all claims that is rising on your Website. No link(s) should appear on any Website that may be interpreted as libelous, obscene or criminal, or which infringes, otherwise violates, or advocates the infringement or other violation of, any third party rights.

10.6 Your Privacy

Please read Privacy Policy

10.7 Reservation of Rights

We reserve the right to request that you remove all links or any particular link to our Website. You approve to immediately remove all links to our Website upon request. We also reserve the right to amen these terms and conditions and it’s linking policy at any time. By continuously linking to our Website, you agree to be bound to and follow these linking terms and conditions.

10.8. Removal of links from our website

If you find any link on our Website that is offensive for any reason, you are free to contact and inform us any moment. We will consider requests to remove links but we are not obligated to or so or to respond to you directly.

We do not ensure that the information on this website is correct, we do not warrant its completeness or accuracy; nor do we promise to ensure that the website remains available or that the material on the website is kept up to date.

10.9. Disclaimer

To the maximum extent permitted by applicable law, we exclude all representations, warranties and conditions relating to our website and the use of this website. Nothing in this disclaimer will:

  • limit or exclude our or your liability for death or personal injury;
  • limit or exclude our or your liability for fraud or fraudulent misrepresentation;
  • limit any of our or your liabilities in any way that is not permitted under applicable law; or
  • exclude any of our or your liabilities that may not be excluded under applicable law.

The limitations and prohibitions of liability set in this Section and elsewhere in this disclaimer: (a) are subject to the preceding paragraph; and (b) govern all liabilities arising under the disclaimer, including liabilities arising in contract, in tort and for breach of statutory duty.

As long as the website and the information and services on the website are provided free of charge, we will not be liable for any loss or damage of any nature.