TERMS OF USE

Last update: 25 June, 2026

These Terms of Use ("hereinafter referred to as the “Terms”) set forth the terms for Your use of the Application and other services ("hereinafter referred to as the “Services”) in accordance with the Terms. The Terms provided hereinafter apply to all Services provided by Us, except as expressively stated otherwise.

Please, read these Terms carefully before using the Services. By accessing or using the Services, You agree to comply with these Terms and other policies and notices, including any future сhanges. If You do not agree to these Terms of Use and other connected policies and notices, do not use the Services.

You certify that You are an individual over the age of 18 and are authorized to enter into this Agreement. The Services are intended solely for use by individuals over the age of 18. The use of the Services by minors is prohibited, and We are not responsible for any consequences resulting from the use of the Services by minors.

We caution You about the inherent risks of Crypto-Assets trading, including significant price volatility, market uncertainty, and the potential for financial loss. You are strongly encouraged to assess Your own risk tolerance, seek independent advice if necessary, and exercise prudence when engaging in trading or related activities.

1. List of terms

1.1. For the purposes of these Terms, MIKEPAY INC. (a company registered in Republic of Panama, company code 155764322), its affiliated entities (hereinafter referred to as the “We”/”Us”, “Our") are the entities that provide services outlined in these Terms through the Application. The Services are provided in accordance with the laws and regulations applicable to the entities referenced above, in the jurisdiction of their incorporation, as amended or replaced from time to time.

1.2. The term "Application" is used when referring to the application, platform, services, or specific functionality provided by Us. The website is https://mikepay.net/

1.3. Blockchain Network means any decentralized distributed ledger network used to process digital asset transactions.

1.4. Digital assets refer to digital representations of value or rights that are transferable and storable electronically using distributed ledger technology (DLT) or similar mechanisms.

1.5. User (You) - a natural person who uses the Services.

1.6. Third-Party Services means services provided by independent third-party providers, including fiat on/off-ramp providers, exchange services, liquidity providers, or other digital asset-related services.

1.7. Wallet means the non-custodial embedded digital asset wallet made available through the Services.

2. Description of Services

2.1. We provide software-based Services that enable you to:

2.1.1. create and access embedded Wallets;

2.1.2. view and manage digital asset balances;

2.1.3. initiate blockchain transactions from Wallets controlled by you;

2.1.4. access Third-Party Services where available.

2.2. We do not provide custodial services, brokerage services, exchange services, investment services, or banking services.

2.3. We provide technology infrastructure only and do not act as a financial intermediary in connection with your use of the Services.

2.4. We may charge fees for certain features of the Services. Applicable fees, if any, will be disclosed within the Application prior to Your confirmation of the relevant transaction or use of the relevant feature. Third-Party Services may involve separate fees and charges set by the relevant providers, which are Your responsibility and are governed by the terms of those providers.

3. Embedded wallet functionality and non-custodial nature of Services

3.1. Wallet creation, authentication, and transaction authorization are implemented in connection with third-party cryptographic infrastructure provided by Privy (https://www.privy.io/user-terms-of-service ), which supports the embedded Wallet functionality within the Services. Such infrastructure incorporates modern key management and authentication technologies.

3.2. You acknowledge that Privy operates independently from Us, and that We do not operate, control, or have unilateral access to the cryptographic processes, key generation, or key management underlying the Wallet.

3.3. The Wallet is designed to be non-custodial in nature. This means that We do not at any time take custody of, control, or have unilateral access to Your digital assets.

3.4. You acknowledge and agree that:

3.4.1. You, at all times, retain control over authorization of transactions initiated through your Wallet;

3.4.2. We do not hold or control your private keys, any credentials in a manner that enables unilateral access;

3.4.3. We cannot initiate, approve, block, reverse, or cancel blockchain transactions;

3.4.4. Blockchain transactions are irreversible once confirmed on a Blockchain Network.

4. Third-party services

4.1. In addition to the functionality provided directly through the Services, you may be offered access to additional products, features, or services made available by independent Third-Party Service providers. Such Third-Party Services may be made available through the Services solely for your convenience and may include, without limitation, cryptocurrency purchase and sale services, fiat on-ramp and off-ramp services, digital asset swaps, payment services, or other digital asset-related functionality.

4.2. While these Terms govern Your use of the Services, Your interaction with Third-Party Content and Third-Party Services will be subject to additional terms and conditions set by the respective third-party providers. These may include separate charges, disclaimers, risk warnings, eligibility requirements, and privacy policies that are independent from Ours.

4.3. It is Your responsibility to review, understand, and accept any applicable third-party terms before engaging with such services, including how such providers collect, use, and process Your personal data.

4.4. We do not control or assume responsibility for Third-Party Services or Third-Party Content and shall not be liable for any loss arising from Your use of them.

4.5. Where required, We may facilitate the transfer of information between You and Third-Party Service providers solely for the purpose of enabling access to such services.

5. Using the Services

5.1. You acknowledge and accept that:

5.1.1. transactions may be irreversible;

5.1.2. delays, failures, or network congestion may occur;

5.1.3. digital asset values may fluctuate significantly;

5.1.4. You are solely responsible for all activity conducted through your use of the Services.

5.2. You agree that you will:

5.2.1. maintain the security of your device, credentials, and authentication methods;

5.2.2. ensure that you are the sole authorized user of your Wallet;

5.2.3. carefully verify all transaction details before approval;

5.2.4. comply with all applicable laws and regulations to Your use of Services.

5.3. Any transaction initiated through your Wallet is deemed to have been authorized by you.

5.4. We are not responsible for any loss arising from unauthorized access resulting from compromised devices, credentials, or authentication methods.

5.5. In cases where You leave your phone or application unlocked, share access credentials with unauthorized individuals, or otherwise fail to take reasonable precautions to safeguard your device or application, You will bear full responsibility for any unauthorized access or actions performed through Your Wallet.

5.6. Blockchain networks are decentralized peer-to-peer networks that are not owned, controlled, or operated by Us. You agree and understand that the underlying protocols of the Blockchain networks are subject to bugs, forks, hacker attacks, changes, or other unforeseeable influences beyond Our control which may result in loss of Your Crypto-Assets. We cannot be held responsible for such losses.

6. Obligations and liability

6.1. You use the Services at Your own discretion and responsibility.

6.2. The Services are provided on an "AS IS" and "AS AVAILABLE" basis.

6.3. You are obliged:

6.3.1. to be in compliance with the laws of the country in which You reside and with Your obligations under these Terms;

6.3.2. to ensure the security of all data required to access Your Wallet;

6.3.3. to take reasonable measures to prevent from unauthorized actions of Third Parties and prevent Your loss of the data required to access Your Wallet;

6.3.4. do nothing that may pose a threat to the normal operation of the Service;

6.3.5. do not distribute any information and/or computer programs that contain computer viruses or other dangerous components equivalent to them;

6.3.6. not to endanger the property, health, and safety of countries, individuals, and legal entities.

6.3.7. not to engage in illegal or fraudulent operations.

6.4. We are not responsible for:

6.4.1. the accuracy of the data transmitted by You;

6.4.2. interruptions or lack of access to the Services, if any, through no fault of Ours;

6.4.3. any act or omission by You, as well as acts or omissions by third parties;

6.4.4. power failures, data transmission or connectivity problems, or Internet access, which are not attributable to us;

6.4.5. infringement of Third Parties' rights as a result of Your actions while using the Service;

6.4.6. loss of data required to access a User Wallet due to actions or inactions by You.

6.5. We shall not be liable for any direct, indirect, incidental, special, or punitive damages, including but not limited to damages for loss of profits, data, goodwill, business interruption, or any other commercial or intangible losses resulting from:

6.5.1. Your use of the Services;

6.5.2. unauthorized access, use, or alteration of Your transactions or content, if such unauthorized access by Third Parties occurred as a result of Your actions (inaction).

6.6. We make no warranties, express or implied, including but not limited to:

6.6.1. uninterrupted or error-free operation;

6.6.2. availability or reliability of Wallet functionality;

6.6.3. successful execution or confirmation of any transaction;

6.6.4. availability or performance of Third-Party Services;

6.6.5. security, availability, or functionality of Blockchain Networks.

6.7. You agree not to use the Services for unlawful or prohibited activities, including but not limited to:

6.7.1. money laundering or terrorist financing;

6.7.2. sanctions evasion;

6.7.3. fraud or misrepresentation;

6.7.4. unauthorized access attempts;

6.7.5. interference with the Services or Blockchain Networks.

6.8. We may restrict or terminate access where we reasonably believe these Terms have been violated.

7. Identity verification

7.1. The creation and use of a non-custodial Wallet does not, in itself, give rise to statutory customer identification obligations of the kind applicable to custodial financial institutions or virtual asset service providers.

7.2. However, as part of Our voluntary risk management framework, and to facilitate Your access to Third-Party Services provided by regulated providers, We have integrated electronic identity verification into the Services. Identity verification is performed using a specialized third-party electronic identity verification solution. The stage at which identity verification is requested depends on the features and services accessed by You and may be adjusted by Us from time to time in light of risk considerations and the requirements of integrated service providers.

7.3. Identity verification performed in connection with the Services constitutes an additional layer of risk management and does not replace, and is not intended to discharge, the customer due diligence obligations of regulated Third-Party Service providers. Where necessary for the provision of Third-Party Services, Your identification information and verification results may be made available to the relevant provider as input information, subject to applicable contractual obligations and data protection requirements; such providers remain responsible for performing their own independent customer due diligence in accordance with their legal and regulatory obligations.

7.4. Failure to complete required verification may result in restricted access to certain Services.

7.5. By submitting identity verification information and documents through the Services, You expressly consent to the transfer and disclosure by Us of Your identification information, identity documents, and verification results (including the outcomes of sanctions, PEP and fraud screening) to the relevant Third-Party Service providers, where such transfer is necessary to enable Your access to the requested Third-Party Services or to support such providers' compliance with their legal and regulatory obligations. Such transfers are carried out subject to applicable contractual obligations and data protection requirements. If You do not consent to such transfer, You may be unable to access certain Third-Party Services.

8. Sanctions policy

8.1. If You are resident or registered in a country that is included in international sanctions lists and/or the use of the Services contradicts the laws of the country where You are resident/registered, You are not allowed to use the Services.

8.2. We may immediately suspend, restrict or terminate Your access to the Services, and may decline to make certain features or Third-Party Services available to You, where We identify an actual or potential sanctions match, where required by applicable law, or where necessary to comply with the requirements of Our partners and integrated service providers.

9. Intellectual property rights

9.1. All text, graphics, patents, editorial content, data, formatting, graphics, drawings, HTML, images, software, and other content of the API, the Website, etc. (Collectively, "Proprietary Material") that You see or read on the Website belong to us or Our licensors.

9.2. Proprietary Material is protected. Subject to Your compliance with these Terms, We grant You a limited, non-exclusive, non-transferable, non-sublicensable and revocable license to install and use the Application for Your personal, non-commercial purposes in accordance with these Terms. This license does not constitute a transfer of any ownership rights in the Application or the Proprietary Material.

9.3. Except as expressly permitted by these Terms or by applicable mandatory law, You shall not: (a) copy, modify, adapt, translate, distribute, sell, resell, lease, sublicense or create derivative works of the Application or any Proprietary Material; (b) reverse engineer, decompile, disassemble or otherwise attempt to derive the source code of the Application; (c) use any robot, spider, scraper or other automated means to access the Services or extract data; (d) remove, obscure or alter any proprietary rights notices; or (e) use the Proprietary Material for any commercial purpose without Our prior written consent.

9.4. All rights not expressly granted to You under these Terms are reserved by Us and Our licensors.

10. Force Majeure

10.1. You agree that We will not be liable for delays, performance failures, or service interruptions that result directly or indirectly from any cause or condition beyond Our reasonable control, including but not limited to any delay or failure due to any act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or internet services or network provider services, failure of equipment and/ or software, another catastrophe, or any other occurrence which is beyond Our reasonable control.

11. No financial advice

11.1. We do not provide financial, investment, legal, or tax advice. All decisions relating to digital assets are made solely by You.

12. Termination

12.1. We may suspend, restrict, or terminate your access to the Services, your Wallet, or certain features of the Services where:

12.1.1. required by applicable law;

12.1.2. necessary to protect the security, integrity, or availability of the Services;

12.1.3. we reasonably believe that you have violated these Terms; or

12.1.4. required by or in connection with a Third-Party Service provider.

12.2. Suspension or termination of your access to the Services does not affect the non-custodial nature of your Wallet and does not constitute control over your digital assets or Blockchain Network transactions.

13. Changes to Terms

13.1. We may update these Terms from time to time. Continued use of the Services constitutes acceptance of updated Terms.

14. Governing Law

14.1. These Terms are governed by the laws of the Republic of Panama.

15. Final acknowledgment

15.1. You acknowledge and agree that:

15.1.1. the Services provided are non-custodial in nature;

15.1.2. We do not control your Wallet or digital assets;

15.1.3. We do not execute transactions on your behalf;

15.1.4. Blockchain transactions are irreversible once confirmed;

15.1.5. You are solely responsible for your use of the Services and any associated risks.

16. Miscellaneous

16.1. Severability. If any provision of these Terms is held to be invalid, illegal or unenforceable, such provision shall be enforced to the maximum extent permissible, and the remaining provisions of these Terms shall remain in full force and effect.

16.2. Entire agreement. These Terms, together with any policies, rules and notices referenced herein or made available through the Services, constitute the entire agreement between You and Us with respect to the Services and supersede all prior or contemporaneous agreements, communications and understandings relating to their subject matter.

16.3. Assignment. You may not assign or transfer any of Your rights or obligations under these Terms without Our prior written consent, and any attempted assignment in breach of this clause shall be null and void. We may assign or transfer Our rights and obligations under these Terms to an affiliate or in connection with a merger, acquisition, corporate reorganization or sale of all or substantially all of Our assets, subject to applicable law.

16.4. No waiver. Our failure or delay in exercising any right or remedy under these Terms shall not constitute a waiver of that right or remedy, and no single or partial exercise of any right or remedy shall preclude its further exercise.

16.5. Survival. Provisions of these Terms which by their nature are intended to survive termination, including, without limitation, provisions relating to intellectual property, limitations of liability, governing law and this Section 16, shall survive any termination or expiration of these Terms.

16.6. Notices and contact. Questions and notices in connection with these Terms may be addressed to Us at [email protected]. We may provide notices to You through the Application or the Website.