Terms of Service

1. Agreement

By creating an account or using the Obseq mobile application (“App”), you agree to these Terms of Service (“Terms”). If you do not agree, do not use the App.

2. Eligibility

You must be at least 18 years old and capable of forming a binding contract in your jurisdiction. By using Obseq, you represent that you meet these requirements and that all information you provide is accurate and complete.

3. Account Registration

To use Obseq, you must create an account by providing your name, email address, phone number, and other required information. You agree to:

• Provide accurate, current, and complete information
• Keep your login credentials secure and confidential
• Notify us immediately of any unauthorized access to your account
• Accept responsibility for all activity under your account

4. Identity Verification (KYC)

As a regulated financial service, we are required to verify your identity before enabling certain features. You consent to providing government-issued identification and other documentation as requested. We may use third-party services to perform identity verification, anti-money laundering (AML), and sanctions screening checks.

We reserve the right to restrict, suspend, or close accounts that fail verification or are flagged during compliance screening.

5. Services

Obseq provides a digital wallet that enables you to:

• Hold and manage fiat and cryptocurrency balances
• Send and receive money to other Obseq users
• Deposit and withdraw funds
• View transaction history and account balances

We may add, modify, or discontinue features at any time with reasonable notice.

6. Transfers and Transactions

All transfers are subject to applicable limits, fees, and compliance checks. Transactions may be delayed or declined if flagged for review. You are responsible for ensuring the accuracy of recipient details before confirming a transfer. Completed transactions cannot be reversed except as required by law.

7. Fees

Applicable fees are disclosed within the App before you confirm a transaction. We may update our fee schedule at any time. Continued use of the App after fee changes constitutes acceptance.

8. Communications and SMS

By providing your phone number, you consent to receiving transactional communications from Obseq, including:

• One-time verification codes (OTP) for account registration, login, and password reset
• Security alerts (password changes, new device logins, account locks)
• Transaction notifications (funds sent, funds received)

These messages are transactional, not promotional. Message and data rates may apply. You can manage notification preferences in the App settings.

SMS opt-out: Reply STOP to any message to stop receiving SMS notifications (excluding security-critical messages required for account protection). Reply HELP for support.

9. Prohibited Activities

You agree not to:

• Use the App for illegal purposes, including money laundering, terrorist financing, or fraud
• Provide false or misleading information
• Circumvent identity verification or compliance controls
• Access the App through unauthorized means or automated systems
• Interfere with the security or operation of the App

We reserve the right to suspend or terminate accounts engaged in prohibited activities and to report such activities to relevant authorities.

10. Privacy

Your use of the App is also governed by our Privacy Policy, which describes how we collect, use, and protect your personal information.

11. Intellectual Property

The App, its design, features, and content are owned by Obseq and protected by applicable intellectual property laws. You are granted a limited, non-exclusive, non-transferable license to use the App for personal, non-commercial purposes.

12. Account Suspension and Termination

We may suspend or terminate your account at any time if we reasonably believe you have violated these Terms, are engaged in suspicious or fraudulent activity, or as required by law or regulatory order. Upon termination, you may withdraw any remaining lawful balance subject to applicable compliance checks.

13. Disclaimers

The App is provided “as is” without warranties of any kind. We do not guarantee uninterrupted or error-free operation. Cryptocurrency values are volatile and we are not responsible for market losses. Obseq is not a bank and balances are not insured by the FDIC or any government deposit insurance program unless explicitly stated.

14. Limitation of Liability

To the maximum extent permitted by law, Obseq shall not be liable for any indirect, incidental, consequential, or punitive damages arising from your use of the App, including but not limited to loss of funds due to user error, unauthorized account access resulting from your failure to secure credentials, or service interruptions.

15. Dispute Resolution

Any disputes arising from these Terms or your use of the App shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. You agree to waive any right to participate in a class action lawsuit or class-wide arbitration.

16. Changes to Terms

We may update these Terms at any time. Material changes will be communicated via the App or email. Continued use after changes take effect constitutes acceptance.

17. Contact

For questions about these Terms, contact us at support@obseq.xyz.