Terms of Service
Last Updated: October 19, 2025
Welcome to RapidoSwap, a decentralized cryptocurrency exchange platform that operates on blockchain technology. These Terms of Service ("Terms") govern your use of our automated, decentralized exchange services. By using RapidoSwap, you agree to be bound by these Terms.
1. Service Description
Decentralized Exchange Platform
RapidoSwap operates as a fully automated, decentralized cryptocurrency exchange:
- Automated Operations: Our platform operates through smart contracts and automated systems without human intervention in transaction processing.
- Cross-Chain Trading: We facilitate cryptocurrency swaps across multiple blockchain networks including Bitcoin, Ethereum, Avalanche, Base, and BNB Smart Chain.
- THORChain Integration: We use THORChain as our primary provider for cross-chain transactions, ensuring decentralized and trustless operations.
- Non-Custodial Service: We do not hold, store, or control your cryptocurrency assets. You maintain complete control over your private keys and digital assets.
2. User Eligibility and Anonymity
Anonymous Access
RapidoSwap is designed for anonymous and private use:
- No Registration Required: You can use our services without creating an account, providing personal information, or undergoing identity verification.
- No KYC/AML Requirements: We do not require Know Your Customer (KYC) or Anti-Money Laundering (AML) verification processes.
- Age Requirements: You must be at least 18 years old or the age of majority in your jurisdiction to use our services.
- Prohibited Jurisdictions: You may not use our services if you are located in jurisdictions where cryptocurrency trading is prohibited by law.
- Compliance Responsibility: You are solely responsible for ensuring your use of our services complies with applicable laws in your jurisdiction.
3. Blockchain-Powered Operations
Decentralized Infrastructure
Our platform operates entirely on blockchain technology:
- Smart Contract Execution: All transactions are executed through immutable smart contracts deployed on blockchain networks.
- Public Blockchain Records: All transactions are recorded on public blockchains and can be independently verified by anyone.
- No Central Authority: There is no central authority controlling transactions, setting prices, or managing the exchange operations.
- Transparent Operations: Our smart contracts are open-source and auditable, ensuring transparency in all operations.
- Immutable Transactions: Once recorded on the blockchain, transactions cannot be altered or reversed by any party.
4. User Responsibilities and Risks
- Wallet Security: You are solely responsible for the security of your cryptocurrency wallets, private keys, and seed phrases.
- Transaction Verification: You must verify all transaction details before confirming any swap, as blockchain transactions are irreversible.
- Network Fees: You are responsible for paying all blockchain network fees associated with your transactions.
- Market Risk: Cryptocurrency prices are volatile and can change rapidly. You acknowledge the risk of financial loss.
- Technical Risks: Blockchain networks may experience congestion, delays, or temporary outages that could affect transaction processing.
- Regulatory Compliance: You must ensure your use of our services complies with all applicable laws and regulations in your jurisdiction.
5. Prohibited Activities
Restricted Uses
The following activities are strictly prohibited:
- Illegal Activities: You may not use our services for any illegal purposes, including money laundering, terrorist financing, or other criminal activities.
- Market Manipulation: You may not engage in any form of market manipulation, price manipulation, or fraudulent trading activities.
- Technical Interference: You may not attempt to hack, disrupt, or interfere with our smart contracts or platform operations.
- Unauthorized Access: You may not attempt to gain unauthorized access to our systems or other users' wallets.
- Violation of Laws: You may not use our services in violation of any applicable laws or regulations.
6. Fees and Pricing
- Transparent Fees: All fees are clearly displayed before transaction confirmation. There are no hidden fees or charges.
- Dynamic Pricing: Exchange rates are determined by market conditions and liquidity providers, not by RapidoSwap.
- Network Fees: Blockchain network fees are separate from our service fees and are paid directly to the respective blockchain networks.
- Fee Structure: Our fees are competitive and may vary based on market conditions and transaction size.
- No Refunds: Due to the irreversible nature of blockchain transactions, we cannot provide refunds for completed transactions.
7. Disclaimers and Limitations
Important Disclaimers
Please read these disclaimers carefully:
- No Warranty: Our services are provided "as is" without any warranties, express or implied, including merchantability or fitness for a particular purpose.
- No Liability: RapidoSwap shall not be liable for any direct, indirect, incidental, or consequential damages arising from your use of our services.
- Third-Party Services: We integrate with third-party blockchain networks and services. We are not responsible for their performance or reliability.
- Technical Issues: We do not guarantee uninterrupted service availability or error-free operation of our platform.
- Market Risk: We are not responsible for any financial losses resulting from cryptocurrency price fluctuations or market volatility.
8. Intellectual Property
- Open Source: Our smart contracts and core technology are open-source and available for public review and audit.
- Platform Rights: RapidoSwap retains all rights to our platform, website, and proprietary technology.
- User Content: You retain ownership of your cryptocurrency assets and any content you provide through our platform.
- No License Grant: These Terms do not grant you any rights to our intellectual property beyond the right to use our services.
9. Termination and Suspension
- User Termination: You may stop using our services at any time without notice or penalty.
- Service Suspension: We may suspend or terminate access to our services for users who violate these Terms or engage in prohibited activities.
- Smart Contract Continuity: Even if our website is unavailable, our smart contracts continue to operate on the blockchain.
- No Compensation: We are not obligated to provide compensation for service suspension or termination.
10. Governing Law and Disputes
- Decentralized Nature: Due to our decentralized operation, traditional legal frameworks may not fully apply to our services.
- Blockchain Resolution: Disputes may be resolved through blockchain governance mechanisms or smart contract arbitration where applicable.
- Applicable Law: These Terms are governed by the laws of the jurisdiction where our smart contracts are deployed.
- Dispute Resolution: Any disputes shall be resolved through binding arbitration or blockchain-based dispute resolution mechanisms.
11. Updates to Terms
- Smart Contract Updates: Smart contract upgrades may be implemented through decentralized governance mechanisms.
- Terms Modifications: We may update these Terms from time to time. Significant changes will be communicated through our platform.
- Continued Use: Your continued use of our services after Terms updates constitutes acceptance of the revised Terms.
- Version Control: The "Last Updated" date indicates when these Terms were last modified.
12. Contact Information
For questions about these Terms of Service or our platform, please contact us:
- Email: [email protected]
- Website: rapidoswap.com
- Response Time: We aim to respond to all inquiries within 48 hours.
Decentralized Exchange Commitment
RapidoSwap operates as a truly decentralized exchange, prioritizing user privacy, anonymity, and blockchain-powered operations. Our Terms of Service reflect our commitment to maintaining a trustless, transparent, and user-controlled trading environment. By using our services, you participate in the future of decentralized finance.