By accessing or using the services provided by Coinbax, Inc. ("Coinbax," "we," "our," or "us"), including our API, platform, and related services (collectively, the "Services"), you agree to be bound by these Terms of Service ("Terms"). If you are entering into these Terms on behalf of a company or other legal entity, you represent that you have the authority to bind such entity to these Terms.
If you do not agree to these Terms, you may not access or use the Services.
Programmable Escrow — Smart contract-based escrow services that hold funds until predefined conditions are met
Multi-Chain Payment Processing — Transaction processing across supported blockchain networks including Base, Ethereum, Solana, and other EVM-compatible chains
Real-Time Compliance — Integrated KYC, AML, and sanctions screening through third-party compliance providers
API Access — RESTful APIs for programmatic integration with your systems
Dispute Resolution — Built-in mechanisms for handling transaction disputes
Coinbax acts as infrastructure provider. We do not act as a bank, money transmitter, or custodian of end-user funds in the traditional sense. Funds in escrow are held in smart contracts on public blockchain networks.
3. Eligibility
The Services are intended for use by financial institutions, licensed money services businesses, and other regulated entities. To use our Services, you must:
Be a duly organized legal entity in good standing in your jurisdiction
Have all necessary licenses, permits, and authorizations required to conduct your business and use our Services
Maintain an active compliance program including KYC/AML procedures
Not be located in, or a national or resident of, any jurisdiction subject to comprehensive U.S. sanctions
Not be listed on any U.S. or international sanctions list, including OFAC's Specially Designated Nationals List
We reserve the right to request documentation verifying your eligibility and compliance status at any time.
4. Account Registration & API Access
To access the Services, you must register for an account and obtain API credentials. You agree to:
Provide accurate, current, and complete information during registration
Maintain the security and confidentiality of your API keys and OAuth credentials
Immediately notify us of any unauthorized use of your account or credentials
Accept responsibility for all activities that occur under your account
Not share, transfer, or sell your API credentials to third parties
Comply with our rate limits and API usage guidelines
API credentials are scoped with specific permissions. You are responsible for ensuring your credentials have only the permissions necessary for your use case.
5. Service Fees & Billing
Fees for the Services are set forth in your service agreement or order form. Unless otherwise specified:
Platform fees are charged on a per-transaction basis as agreed in your contract
You are responsible for all blockchain network fees (gas fees) associated with transactions
Fees are non-refundable once a transaction has been initiated on the blockchain
We may modify our fee schedule with 30 days' prior written notice
Payment terms and billing cycles are specified in your service agreement. Late payments may result in suspension of Services.
6. Acceptable Use Policy
You agree to use the Services only for lawful purposes and in accordance with these Terms. You shall:
Comply with all applicable laws, regulations, and industry standards
Implement and maintain appropriate security measures for your systems
Conduct appropriate due diligence on your customers and counterparties
Maintain accurate records of all transactions processed through the Services
Cooperate with reasonable requests for information related to compliance matters
Promptly report any suspected fraudulent or illegal activity
7. Prohibited Activities
You may not use the Services to:
Process transactions involving money laundering, terrorist financing, or other financial crimes
Violate any applicable sanctions laws or regulations, including OFAC regulations
Process transactions to, from, or on behalf of sanctioned individuals, entities, or jurisdictions
Engage in fraud, market manipulation, or other deceptive practices
Process transactions related to illegal goods or services
Circumvent or attempt to circumvent our security measures or compliance controls
Interfere with or disrupt the integrity or performance of the Services
Reverse engineer, decompile, or disassemble any aspect of the Services
Use the Services in any manner that could damage, disable, or impair our systems
Resell or redistribute the Services without our prior written consent
Violation of these prohibitions may result in immediate termination of your account and reporting to relevant authorities.
8. Intellectual Property
All intellectual property rights in the Services, including software, APIs, documentation, trademarks, and trade secrets, are owned by Coinbax or our licensors. These Terms do not grant you any ownership rights in the Services.
We grant you a limited, non-exclusive, non-transferable license to use the Services in accordance with these Terms. You may not:
Copy, modify, or create derivative works based on the Services
Remove or alter any proprietary notices or labels on the Services
Use our trademarks without prior written permission
You retain all rights to your data and content that you submit through the Services.
9. Data Protection & Confidentiality
Our collection and use of personal data is governed by our Privacy Policy, which is incorporated into these Terms by reference.
Each party agrees to maintain the confidentiality of the other party's confidential information and not to disclose such information to third parties without prior written consent, except as required by law or as necessary to perform under these Terms.
Confidential information includes, but is not limited to:
API credentials and security configurations
Transaction data and customer information
Business plans, pricing, and financial information
Technical specifications and proprietary processes
10. Third-Party Services
The Services integrate with and rely upon third-party services, including:
Blockchain Networks — Public blockchain networks including Base, Ethereum, Solana, and others
Compliance Providers — KYC/AML screening services such as Persona and Alloy
Blockchain Analytics — Transaction monitoring services such as Chainalysis and Merkle Science
Wallet Infrastructure — Key management and signing services
We are not responsible for the availability, accuracy, or performance of third-party services. Your use of third-party services may be subject to additional terms and conditions.
11. Service Availability
We strive to maintain high availability of the Services but do not guarantee uninterrupted access. The Services may be temporarily unavailable due to:
Scheduled maintenance (with reasonable advance notice when possible)
Unscheduled maintenance to address critical issues
Factors beyond our reasonable control, including blockchain network congestion or outages
Specific service level commitments, if any, are set forth in your service agreement.
12. Blockchain Transaction Risks
You acknowledge and accept the inherent risks associated with blockchain-based transactions:
Irreversibility — Blockchain transactions cannot be reversed once confirmed on the network
Network Risks — Blockchain networks may experience congestion, forks, or other disruptions
Smart Contract Risks — Smart contracts may contain bugs or vulnerabilities despite auditing
Regulatory Risks — Laws and regulations governing digital assets may change
Technology Risks — The underlying blockchain technology may evolve in unpredictable ways
You are solely responsible for verifying the accuracy of wallet addresses and transaction details before initiating transactions.
13. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:
COINBAX SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES
OUR TOTAL LIABILITY FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES SHALL NOT EXCEED THE FEES PAID BY YOU TO COINBAX IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM
WE ARE NOT LIABLE FOR ANY LOSSES RESULTING FROM BLOCKCHAIN NETWORK ISSUES, SMART CONTRACT FAILURES, OR THIRD-PARTY SERVICE DISRUPTIONS
Some jurisdictions do not allow the exclusion or limitation of certain damages, so the above limitations may not apply to you.
14. Indemnification
You agree to indemnify, defend, and hold harmless Coinbax and its officers, directors, employees, agents, and affiliates from and against any claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to:
Your use of the Services
Your violation of these Terms
Your violation of any applicable laws or regulations
Your infringement of any third-party rights
Any disputes between you and your customers or counterparties
15. Dispute Resolution
Any dispute, controversy, or claim arising out of or relating to these Terms or the Services shall be resolved by binding arbitration administered by JAMS in accordance with its Comprehensive Arbitration Rules and Procedures.
The arbitration shall be conducted by a single arbitrator with expertise in technology and financial services
The seat of arbitration shall be Wilmington, Delaware
The language of the arbitration shall be English
The arbitrator's decision shall be final and binding
Judgment on the award may be entered in any court of competent jurisdiction
Notwithstanding the foregoing, either party may seek injunctive or other equitable relief in any court of competent jurisdiction to protect its intellectual property rights or confidential information.
16. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, United States, without regard to its conflict of law provisions.
17. Modifications to Terms
We reserve the right to modify these Terms at any time. We will provide notice of material changes by:
Updating the "Last Updated" date at the top of these Terms
Sending notice to the email address associated with your account
Providing notice through the Services
Your continued use of the Services after such modifications constitutes acceptance of the updated Terms. If you do not agree to the modified Terms, you must discontinue use of the Services.
18. Termination
Either party may terminate these Terms:
For convenience, with 30 days' prior written notice
Immediately, if the other party materially breaches these Terms and fails to cure within 15 days of notice
Immediately, if required by law or regulatory authority
Upon termination:
Your access to the Services will be revoked
You must immediately cease using our API and destroy any API credentials
Pending transactions will be processed in accordance with their terms
Provisions that by their nature should survive will remain in effect
19. General Provisions
Entire Agreement — These Terms, together with your service agreement and our Privacy Policy, constitute the entire agreement between you and Coinbax regarding the Services
Severability — If any provision is found unenforceable, the remaining provisions will continue in effect
Waiver — Failure to enforce any right or provision shall not constitute a waiver of future enforcement
Assignment — You may not assign these Terms without our prior written consent. We may assign these Terms in connection with a merger, acquisition, or sale of assets
Force Majeure — Neither party shall be liable for delays or failures in performance resulting from causes beyond its reasonable control
20. Contact Information
If you have questions about these Terms of Service, please contact: