Privacy Policy
Effective Date: May 25, 2026
At Teckonnet Vault, we take your privacy seriously. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our cryptocurrency wallet platform.
1. Information We Collect
We collect information that you provide directly to us, including:
- Account Information: Email address, wallet address, and encrypted password when you register.
- Transaction Data: Records of deposits, withdrawals, swaps, and wallet balances.
- Communication Data: Messages sent through our support ticket system and email correspondence.
- Verification Data: Email verification codes and password reset tokens.
2. How We Use Your Information
We use the collected information for the following purposes:
- To create and manage your wallet account
- To process deposits, withdrawals, and cryptocurrency swaps
- To send transaction notifications and account updates
- To provide customer support and respond to inquiries
- To maintain the security and integrity of our platform
- To comply with legal and regulatory obligations
3. Data Storage and Security
We implement industry-standard security measures to protect your personal information:
- All passwords are hashed using bcrypt encryption
- Recovery phrases are stored in encrypted format
- SSL/TLS encryption for all data transmissions
- Regular security audits and vulnerability assessments
- Access controls and authentication mechanisms
4. Data Sharing and Disclosure
We do not sell, trade, or rent your personal information to third parties. We may share information only in the following circumstances:
- When required by law, court order, or governmental authority
- To protect the rights, property, or safety of our platform and users
- With service providers who assist in platform operations (under confidentiality agreements)
5. Your Rights
You have the right to:
- Access and review your personal information
- Request correction of inaccurate data
- Request deletion of your account and associated data
- Opt-out of non-essential communications
- Export your transaction history
6. Contact Us
If you have any questions about this Privacy Policy, please contact us at:
support@teckonnet.com
Terms of Service
Effective Date: May 25, 2026
These Terms of Service ("Terms") govern your use of the Teckonnet Vault cryptocurrency wallet platform. By accessing or using our services, you agree to be bound by these Terms.
1. Account Registration
- You must be at least 18 years old to create an account
- You are responsible for maintaining the confidentiality of your login credentials
- You must provide accurate and complete registration information
- You are responsible for all activities that occur under your account
2. Wallet and Recovery Phrase
- Upon registration, you will receive a unique wallet ID and a 12-word recovery phrase
- The recovery phrase is the ONLY way to restore access to your wallet
- We do not store your recovery phrase in plain text and cannot recover it for you
- Store your recovery phrase securely offline. Never share it with anyone
Important: If you lose your recovery phrase, you will permanently lose access to your wallet and all funds. Teckonnet Vault cannot recover lost recovery phrases.
3. Deposits and Withdrawals
- Deposits are processed after verification of payment
- Processing times vary by payment method (1 hour to 3 business days)
- Withdrawals require password verification
- Network fees apply to all withdrawals
- We reserve the right to delay or deny transactions suspected of fraud
4. Cryptocurrency Swaps
- Swap rates are determined at the time of transaction
- A 0.5% fee is applied to all swap transactions
- Market volatility may affect final swap amounts
- Swaps are irreversible once processed
5. Prohibited Activities
You agree not to:
- Use the platform for illegal activities, money laundering, or terrorist financing
- Attempt to gain unauthorized access to other users' accounts
- Interfere with or disrupt the platform's servers or networks
- Use automated scripts or bots to access the platform
- Provide false or misleading information
6. Limitation of Liability
Teckonnet Vault shall not be liable for:
- Losses due to market volatility or cryptocurrency price fluctuations
- Losses resulting from user error (wrong address, lost recovery phrase)
- Service interruptions or technical issues beyond our control
- Actions of third-party services or payment processors
7. Account Termination
We reserve the right to suspend or terminate accounts that violate these Terms or engage in suspicious activity. Users may request account deletion at any time by contacting support.
8. Changes to Terms
We may update these Terms from time to time. Continued use of the platform after changes constitutes acceptance of the updated Terms. Users will be notified of material changes via email.
Risk Disclosure
Effective Date: May 25, 2026
Important Risk Warning: Cryptocurrency transactions involve significant risks. Please read this disclosure carefully before using our platform.
1. Market Volatility
Cryptocurrency prices are highly volatile and can fluctuate dramatically in short periods. The value of your holdings may increase or decrease significantly. Past performance is not indicative of future results. You should only invest funds that you can afford to lose.
2. Regulatory Risks
Cryptocurrency regulations vary by jurisdiction and are subject to change. Changes in laws, regulations, or government policies could materially affect the value, use, or transferability of cryptocurrencies. It is your responsibility to understand and comply with applicable laws in your jurisdiction.
3. Security Risks
- Recovery Phrase: Your 12-word recovery phrase is the master key to your wallet. Anyone with access to this phrase can control your funds. Store it securely offline.
- Phishing: Be vigilant against phishing attempts. We will never ask for your recovery phrase or password via email or phone.
- Device Security: Keep your devices secure with up-to-date antivirus software and avoid using public Wi-Fi for transactions.
4. Transaction Risks
- Irreversibility: Cryptocurrency transactions are irreversible once confirmed on the blockchain. Verify all transaction details before confirming.
- Network Congestion: Blockchain networks may experience congestion, causing delays or increased transaction fees.
- Wrong Address: Sending funds to an incorrect wallet address may result in permanent loss of funds.
5. Platform Risks
- Service Availability: We strive for 99.9% uptime but cannot guarantee uninterrupted access due to maintenance, technical issues, or force majeure events.
- Third-Party Dependencies: Our platform relies on third-party services for payment processing, exchange rates, and email delivery. Failures in these services may affect platform functionality.
6. No Investment Advice
The information provided on this platform is for general informational purposes only. Nothing on this platform constitutes financial, investment, legal, or tax advice. You should consult with qualified professionals before making investment decisions.
7. Acknowledgment of Risks
By using the Teckonnet Vault platform, you acknowledge that you have read, understood, and accept these risks. You agree that you are solely responsible for your trading and investment decisions.
Remember: Never invest more than you can afford to lose. Diversify your portfolio. Keep your recovery phrase safe and offline.