terms of use
Last updated: 11 august 2025
nuud money terms of service
effective date: 11 august 2025
issued by: nuud inc., A delaware corporation
1. Legal agreement These terms of service (“terms”) constitute a binding agreement between you (“user” or “you”) and nuud inc. (“Nuud,” “we,” “our” or “the company”), a corporation organized under the laws of the state of delaware, concerning your access to and use of the nuud money mobile application, website, apis, and related services (collectively, the “service”). The nuud privacy policy, is hereby incorporated by reference. Your use of the service signifies your unqualified acceptance of these terms. If you do not agree to be bound, you must immediately cease all access and use of the service.
2. Definitions
Digital asset: any form of digital representation of value that relies on cryptographic protocols, including but not limited to bitcoin, ether, and USDC.
Secret words: the private key, seed phrase, or recovery phrase assigned to you, which grants exclusive control over the digital assets in your custody.
Third‑party service provider: any unaffiliated entity that provides off‑ramp, exchange, payment processing, or related services, independent of nuud.
3. Nature and scope of service Nuud furnishes a self‑custody digital asset wallet platform. Under no circumstances does nuud assume custody, stewardship, possession, or control of your digital assets. All private keys and secret words remain solely under your control, and the company disclaims any responsibility or liability for their compromise or loss. The service displays balances, facilitates on‑chain transactions initiated by you, and may incorporate user interface elements or protocol integrations that enable you to engage with third‑party service providers. In such instances, the contractual arrangements, operational control, regulatory compliance, and risk management obligations rest exclusively with the third‑party service provider.
4. User eligibility and representations
4.1 eligibility
you represent and warrant that you are at least eighteen (18) years of age, have full authority to enter these terms, and are legally permitted to use the service in the jurisdiction from which you access it.
4.2 accurate information
you agree to provide true, accurate, complete, and current information during registration and at all times while using the service. You acknowledge that nuud relies upon your representations to discharge its obligations and determine its compliance obligations under applicable law.
4.3 jurisdictional compliance
you further represent and warrant that you are not located in, a resident of, or otherwise accessing the service from any jurisdiction where the offer or provision of a self‑custody wallet or related services would require nuud to obtain a license, registration, or authorization, including but not limited to jurisdictions subject to virtual asset service provider (VASP) regulation such as nigeria under the investments and securities act 2025.
5. Liability for misrepresentation Should you misrepresent your jurisdictional status or otherwise provide false information that results in legal or regulatory exposure for nuud, you shall indemnify, defend and hold harmless nuud and its affiliates, officers, directors, employees and agents (collectively, “indemnitees”) from and against any and all claims, losses, damages, liabilities, costs or expenses (including reasonable attorneys’ fees) arising out of or related to such misrepresentation.
6. Account creation and security
6.1 account registration
to access certain features of the service, you must register for an account and complete such identity verification (KYC) procedures as nuud may require.
6.2 security obligations
you are solely responsible for safeguarding your account credentials and secret words. You shall not disclose your credentials to any third party. You acknowledge that nuud cannot recover lost secret words, and that any compromise arising from your failure to secure your credentials is solely your responsibility.
6.3 no liability for lost or compromised credentials
You acknowledge and agree that nuud shall have no liability whatsoever for any loss of digital assets resulting from your loss, compromise, misuse, or unauthorized disclosure of your secret words, private keys, or other security credentials.
7. Third‑party service integration
7.1 nature of integration
nuud may display, facilitate or automate the submission of transaction requests to third‑party service providers for crypto‑to‑fiat conversions or related services. These third parties operate under their own terms, policies, and jurisdictional authorities. Nuud is neither party to nor responsible for the performance, compliance, or solvency of such third parties.
7.2 no agency or brokerage
nuud acts exclusively as a conduit for your instructions and does not serve as your agent, broker, custodian, or counterparty in any transaction with a third‑party service provider.
7.3 no liability for off‑ramp failures
nuud Shall have no liability for any errors, delays, failures, or losses in connection with any fiat conversion, off‑ramp, or payment process initiated through a third‑party service provider. All risk of loss or delay remains with you and the third party.
8. Anti‑money laundering and know your customer
8.1 voluntary and mandatory measures
although the service is non‑custodial, nuud may, at its discretion or as legally required, implement anti‑money laundering (“AML”) and know your customer (“KYC”) procedures. You agree to furnish such documentation and information as requested and authorize nuud to verify such information through third‑party services or government databases.
8.2 suspicious activity reporting
nuud reserves the right to monitor transactions and report any activity deemed suspicious to law enforcement or regulatory authorities in compliance with applicable law.
9. Tax compliance
You are solely responsible for determining and fulfilling any tax obligations resulting from your use of the service, including but not limited to capital gains, income tax, and reporting requirements. Nuud provides no tax advice.
10. Prohibited conduct
You shall not, and shall not facilitate or encourage any third party to: Use the service for illegal purposes, including but not limited to money laundering, terrorist financing, or sanctions evasion; Deploy malware, engage in hacking or other malicious cyber‑activities against the service or its users; Misrepresent your identity, location, or affiliation; Reverse engineer, decompile, or modify any portion of the service; Facilitate the sale or transfer of illicit goods or services. Violation of this section constitutes a material breach and may result in immediate termination of your access.
11. Intellectual property All rights, title, and interest in and to the service, including software, content, trademarks, and logos, are owned by nuud or its licensors. Nothing herein grants you any ownership rights.
12. Warranty disclaimer The service is provided “as is,” “with all faults,” and “as available.” Nuud disclaims all warranties, whether express, implied, statutory, or otherwise, including without limitation warranties of merchantability, fitness for a particular purpose, title, and non‑infringement. Nuud does not warrant that the service will be uninterrupted, error‑free, or secure.
13. Limitation of liability To the maximum extent permitted by applicable law, nuud and its indemnitees shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, loss of data, or loss of digital assets, arising out of or relating to these terms or the service, even if advised of the possibility of such damages.
14. Indemnification You agree to indemnify, defend, and hold harmless nuud and its indemnitees from and against any and all claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising from or related to your breach of these terms, your use of the service, or your violation of any law or the rights of a third party. 1
5. Termination Nuud may suspend or terminate your access to the service at any time, with or without cause, and with or without notice. Upon termination, all rights granted to you under these terms shall immediately cease, and you must cease all use of the service.
16. Changes to terms or service Nuud reserves the right to modify these terms or the service at any time. Changes shall become effective upon posting on the nuud website or within the application. Continued use of the service after modifications constitutes acceptance of the revised terms.
17. Governing law and dispute resolution These terms shall be governed by and construed in accordance with the laws of the republic of south africa, without regard to its conflict of law provisions. Any dispute arising from or relating to these terms shall be resolved by binding arbitration conducted under the rules of the american arbitration association, with seat in delaware, united states, unless local mandatory law requires otherwise.
18. Miscellaneous If any provision of these terms is held invalid or unenforceable, the remaining provisions shall remain in full force and effect. No waiver of any right shall be deemed a waiver of any other right. These terms constitute the entire agreement between you and nuud concerning the service.
By using the service, you acknowledge that you have read, understood, and agreed to be bound by these terms of service. By email: hello@nuudmoney.com.
Contact information
nuud inc.
Email: hello@nuudmoney.com
website: www.nuudmoney.com
Last updated: 11 august 2025
nuud money terms of service
effective date: 11 august 2025
issued by: nuud inc., A delaware corporation
1. Legal agreement These terms of service (“terms”) constitute a binding agreement between you (“user” or “you”) and nuud inc. (“Nuud,” “we,” “our” or “the company”), a corporation organized under the laws of the state of delaware, concerning your access to and use of the nuud money mobile application, website, apis, and related services (collectively, the “service”). The nuud privacy policy, is hereby incorporated by reference. Your use of the service signifies your unqualified acceptance of these terms. If you do not agree to be bound, you must immediately cease all access and use of the service.
2. Definitions
Digital asset: any form of digital representation of value that relies on cryptographic protocols, including but not limited to bitcoin, ether, and USDC.
Secret words: the private key, seed phrase, or recovery phrase assigned to you, which grants exclusive control over the digital assets in your custody.
Third‑party service provider: any unaffiliated entity that provides off‑ramp, exchange, payment processing, or related services, independent of nuud.
3. Nature and scope of service Nuud furnishes a self‑custody digital asset wallet platform. Under no circumstances does nuud assume custody, stewardship, possession, or control of your digital assets. All private keys and secret words remain solely under your control, and the company disclaims any responsibility or liability for their compromise or loss. The service displays balances, facilitates on‑chain transactions initiated by you, and may incorporate user interface elements or protocol integrations that enable you to engage with third‑party service providers. In such instances, the contractual arrangements, operational control, regulatory compliance, and risk management obligations rest exclusively with the third‑party service provider.
4. User eligibility and representations
4.1 eligibility
you represent and warrant that you are at least eighteen (18) years of age, have full authority to enter these terms, and are legally permitted to use the service in the jurisdiction from which you access it.
4.2 accurate information
you agree to provide true, accurate, complete, and current information during registration and at all times while using the service. You acknowledge that nuud relies upon your representations to discharge its obligations and determine its compliance obligations under applicable law.
4.3 jurisdictional compliance
you further represent and warrant that you are not located in, a resident of, or otherwise accessing the service from any jurisdiction where the offer or provision of a self‑custody wallet or related services would require nuud to obtain a license, registration, or authorization, including but not limited to jurisdictions subject to virtual asset service provider (VASP) regulation such as nigeria under the investments and securities act 2025.
5. Liability for misrepresentation Should you misrepresent your jurisdictional status or otherwise provide false information that results in legal or regulatory exposure for nuud, you shall indemnify, defend and hold harmless nuud and its affiliates, officers, directors, employees and agents (collectively, “indemnitees”) from and against any and all claims, losses, damages, liabilities, costs or expenses (including reasonable attorneys’ fees) arising out of or related to such misrepresentation.
6. Account creation and security
6.1 account registration
to access certain features of the service, you must register for an account and complete such identity verification (KYC) procedures as nuud may require.
6.2 security obligations
you are solely responsible for safeguarding your account credentials and secret words. You shall not disclose your credentials to any third party. You acknowledge that nuud cannot recover lost secret words, and that any compromise arising from your failure to secure your credentials is solely your responsibility.
6.3 no liability for lost or compromised credentials
You acknowledge and agree that nuud shall have no liability whatsoever for any loss of digital assets resulting from your loss, compromise, misuse, or unauthorized disclosure of your secret words, private keys, or other security credentials.
7. Third‑party service integration
7.1 nature of integration
nuud may display, facilitate or automate the submission of transaction requests to third‑party service providers for crypto‑to‑fiat conversions or related services. These third parties operate under their own terms, policies, and jurisdictional authorities. Nuud is neither party to nor responsible for the performance, compliance, or solvency of such third parties.
7.2 no agency or brokerage
nuud acts exclusively as a conduit for your instructions and does not serve as your agent, broker, custodian, or counterparty in any transaction with a third‑party service provider.
7.3 no liability for off‑ramp failures
nuud Shall have no liability for any errors, delays, failures, or losses in connection with any fiat conversion, off‑ramp, or payment process initiated through a third‑party service provider. All risk of loss or delay remains with you and the third party.
8. Anti‑money laundering and know your customer
8.1 voluntary and mandatory measures
although the service is non‑custodial, nuud may, at its discretion or as legally required, implement anti‑money laundering (“AML”) and know your customer (“KYC”) procedures. You agree to furnish such documentation and information as requested and authorize nuud to verify such information through third‑party services or government databases.
8.2 suspicious activity reporting
nuud reserves the right to monitor transactions and report any activity deemed suspicious to law enforcement or regulatory authorities in compliance with applicable law.
9. Tax compliance
You are solely responsible for determining and fulfilling any tax obligations resulting from your use of the service, including but not limited to capital gains, income tax, and reporting requirements. Nuud provides no tax advice.
10. Prohibited conduct
You shall not, and shall not facilitate or encourage any third party to: Use the service for illegal purposes, including but not limited to money laundering, terrorist financing, or sanctions evasion; Deploy malware, engage in hacking or other malicious cyber‑activities against the service or its users; Misrepresent your identity, location, or affiliation; Reverse engineer, decompile, or modify any portion of the service; Facilitate the sale or transfer of illicit goods or services. Violation of this section constitutes a material breach and may result in immediate termination of your access.
11. Intellectual property All rights, title, and interest in and to the service, including software, content, trademarks, and logos, are owned by nuud or its licensors. Nothing herein grants you any ownership rights.
12. Warranty disclaimer The service is provided “as is,” “with all faults,” and “as available.” Nuud disclaims all warranties, whether express, implied, statutory, or otherwise, including without limitation warranties of merchantability, fitness for a particular purpose, title, and non‑infringement. Nuud does not warrant that the service will be uninterrupted, error‑free, or secure.
13. Limitation of liability To the maximum extent permitted by applicable law, nuud and its indemnitees shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, loss of data, or loss of digital assets, arising out of or relating to these terms or the service, even if advised of the possibility of such damages.
14. Indemnification You agree to indemnify, defend, and hold harmless nuud and its indemnitees from and against any and all claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising from or related to your breach of these terms, your use of the service, or your violation of any law or the rights of a third party. 1
5. Termination Nuud may suspend or terminate your access to the service at any time, with or without cause, and with or without notice. Upon termination, all rights granted to you under these terms shall immediately cease, and you must cease all use of the service.
16. Changes to terms or service Nuud reserves the right to modify these terms or the service at any time. Changes shall become effective upon posting on the nuud website or within the application. Continued use of the service after modifications constitutes acceptance of the revised terms.
17. Governing law and dispute resolution These terms shall be governed by and construed in accordance with the laws of the republic of south africa, without regard to its conflict of law provisions. Any dispute arising from or relating to these terms shall be resolved by binding arbitration conducted under the rules of the american arbitration association, with seat in delaware, united states, unless local mandatory law requires otherwise.
18. Miscellaneous If any provision of these terms is held invalid or unenforceable, the remaining provisions shall remain in full force and effect. No waiver of any right shall be deemed a waiver of any other right. These terms constitute the entire agreement between you and nuud concerning the service.
By using the service, you acknowledge that you have read, understood, and agreed to be bound by these terms of service. By email: hello@nuudmoney.com.
Contact information
nuud inc.
Email: hello@nuudmoney.com
website: www.nuudmoney.com
Last updated: 11 august 2025
nuud money terms of service
effective date: 11 august 2025
issued by: nuud inc., A delaware corporation
1. Legal agreement These terms of service (“terms”) constitute a binding agreement between you (“user” or “you”) and nuud inc. (“Nuud,” “we,” “our” or “the company”), a corporation organized under the laws of the state of delaware, concerning your access to and use of the nuud money mobile application, website, apis, and related services (collectively, the “service”). The nuud privacy policy, is hereby incorporated by reference. Your use of the service signifies your unqualified acceptance of these terms. If you do not agree to be bound, you must immediately cease all access and use of the service.
2. Definitions
Digital asset: any form of digital representation of value that relies on cryptographic protocols, including but not limited to bitcoin, ether, and USDC.
Secret words: the private key, seed phrase, or recovery phrase assigned to you, which grants exclusive control over the digital assets in your custody.
Third‑party service provider: any unaffiliated entity that provides off‑ramp, exchange, payment processing, or related services, independent of nuud.
3. Nature and scope of service Nuud furnishes a self‑custody digital asset wallet platform. Under no circumstances does nuud assume custody, stewardship, possession, or control of your digital assets. All private keys and secret words remain solely under your control, and the company disclaims any responsibility or liability for their compromise or loss. The service displays balances, facilitates on‑chain transactions initiated by you, and may incorporate user interface elements or protocol integrations that enable you to engage with third‑party service providers. In such instances, the contractual arrangements, operational control, regulatory compliance, and risk management obligations rest exclusively with the third‑party service provider.
4. User eligibility and representations
4.1 eligibility
you represent and warrant that you are at least eighteen (18) years of age, have full authority to enter these terms, and are legally permitted to use the service in the jurisdiction from which you access it.
4.2 accurate information
you agree to provide true, accurate, complete, and current information during registration and at all times while using the service. You acknowledge that nuud relies upon your representations to discharge its obligations and determine its compliance obligations under applicable law.
4.3 jurisdictional compliance
you further represent and warrant that you are not located in, a resident of, or otherwise accessing the service from any jurisdiction where the offer or provision of a self‑custody wallet or related services would require nuud to obtain a license, registration, or authorization, including but not limited to jurisdictions subject to virtual asset service provider (VASP) regulation such as nigeria under the investments and securities act 2025.
5. Liability for misrepresentation Should you misrepresent your jurisdictional status or otherwise provide false information that results in legal or regulatory exposure for nuud, you shall indemnify, defend and hold harmless nuud and its affiliates, officers, directors, employees and agents (collectively, “indemnitees”) from and against any and all claims, losses, damages, liabilities, costs or expenses (including reasonable attorneys’ fees) arising out of or related to such misrepresentation.
6. Account creation and security
6.1 account registration
to access certain features of the service, you must register for an account and complete such identity verification (KYC) procedures as nuud may require.
6.2 security obligations
you are solely responsible for safeguarding your account credentials and secret words. You shall not disclose your credentials to any third party. You acknowledge that nuud cannot recover lost secret words, and that any compromise arising from your failure to secure your credentials is solely your responsibility.
6.3 no liability for lost or compromised credentials
You acknowledge and agree that nuud shall have no liability whatsoever for any loss of digital assets resulting from your loss, compromise, misuse, or unauthorized disclosure of your secret words, private keys, or other security credentials.
7. Third‑party service integration
7.1 nature of integration
nuud may display, facilitate or automate the submission of transaction requests to third‑party service providers for crypto‑to‑fiat conversions or related services. These third parties operate under their own terms, policies, and jurisdictional authorities. Nuud is neither party to nor responsible for the performance, compliance, or solvency of such third parties.
7.2 no agency or brokerage
nuud acts exclusively as a conduit for your instructions and does not serve as your agent, broker, custodian, or counterparty in any transaction with a third‑party service provider.
7.3 no liability for off‑ramp failures
nuud Shall have no liability for any errors, delays, failures, or losses in connection with any fiat conversion, off‑ramp, or payment process initiated through a third‑party service provider. All risk of loss or delay remains with you and the third party.
8. Anti‑money laundering and know your customer
8.1 voluntary and mandatory measures
although the service is non‑custodial, nuud may, at its discretion or as legally required, implement anti‑money laundering (“AML”) and know your customer (“KYC”) procedures. You agree to furnish such documentation and information as requested and authorize nuud to verify such information through third‑party services or government databases.
8.2 suspicious activity reporting
nuud reserves the right to monitor transactions and report any activity deemed suspicious to law enforcement or regulatory authorities in compliance with applicable law.
9. Tax compliance
You are solely responsible for determining and fulfilling any tax obligations resulting from your use of the service, including but not limited to capital gains, income tax, and reporting requirements. Nuud provides no tax advice.
10. Prohibited conduct
You shall not, and shall not facilitate or encourage any third party to: Use the service for illegal purposes, including but not limited to money laundering, terrorist financing, or sanctions evasion; Deploy malware, engage in hacking or other malicious cyber‑activities against the service or its users; Misrepresent your identity, location, or affiliation; Reverse engineer, decompile, or modify any portion of the service; Facilitate the sale or transfer of illicit goods or services. Violation of this section constitutes a material breach and may result in immediate termination of your access.
11. Intellectual property All rights, title, and interest in and to the service, including software, content, trademarks, and logos, are owned by nuud or its licensors. Nothing herein grants you any ownership rights.
12. Warranty disclaimer The service is provided “as is,” “with all faults,” and “as available.” Nuud disclaims all warranties, whether express, implied, statutory, or otherwise, including without limitation warranties of merchantability, fitness for a particular purpose, title, and non‑infringement. Nuud does not warrant that the service will be uninterrupted, error‑free, or secure.
13. Limitation of liability To the maximum extent permitted by applicable law, nuud and its indemnitees shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, loss of data, or loss of digital assets, arising out of or relating to these terms or the service, even if advised of the possibility of such damages.
14. Indemnification You agree to indemnify, defend, and hold harmless nuud and its indemnitees from and against any and all claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising from or related to your breach of these terms, your use of the service, or your violation of any law or the rights of a third party. 1
5. Termination Nuud may suspend or terminate your access to the service at any time, with or without cause, and with or without notice. Upon termination, all rights granted to you under these terms shall immediately cease, and you must cease all use of the service.
16. Changes to terms or service Nuud reserves the right to modify these terms or the service at any time. Changes shall become effective upon posting on the nuud website or within the application. Continued use of the service after modifications constitutes acceptance of the revised terms.
17. Governing law and dispute resolution These terms shall be governed by and construed in accordance with the laws of the republic of south africa, without regard to its conflict of law provisions. Any dispute arising from or relating to these terms shall be resolved by binding arbitration conducted under the rules of the american arbitration association, with seat in delaware, united states, unless local mandatory law requires otherwise.
18. Miscellaneous If any provision of these terms is held invalid or unenforceable, the remaining provisions shall remain in full force and effect. No waiver of any right shall be deemed a waiver of any other right. These terms constitute the entire agreement between you and nuud concerning the service.
By using the service, you acknowledge that you have read, understood, and agreed to be bound by these terms of service. By email: hello@nuudmoney.com.
Contact information
nuud inc.
Email: hello@nuudmoney.com
website: www.nuudmoney.com