Terms of Service

These terms are the contract between you and Aryavart Digital Technologies Private Limited for the use of the American Crypto Card app. Read them; they limit what we are responsible for and set out what we will do with your assets.

01The agreement

By creating an account or using the American Crypto Card app (the "Service") you agree to these terms and to our Privacy Policy. The Service is provided by Aryavart Digital Technologies Private Limited (CIN U66190MP2026PTC085484), Jabalpur, Madhya Pradesh, India ("we", "us", "the Company"). If you do not agree, do not use the Service.

We are not a bank, not a payment system operator and not regulated by the Reserve Bank of India. Balances held with us are not deposits and are not covered by any deposit insurance. We are registering with FIU-IND as a reporting entity under the Prevention of Money Laundering Act, 2002 (PMLA).

02Risk disclosure

• The value of digital assets can fall sharply and without warning. Stablecoins can lose their peg. You may lose the entire amount you hold.
• Blockchain transactions are irreversible. A withdrawal sent to a wrong or incompatible address cannot be recovered.
• Networks can become congested, fork, or halt; third-party services we rely on can fail. These events can delay or block transactions.
• Indian law on virtual digital assets is developing. Tax and regulatory treatment may change in ways that affect the Service or your holdings.
• We do not give investment, legal or tax advice. Nothing in the app or on this website is a recommendation to buy, sell or hold any asset.

03Who can use the service

• You must be at least 18 years old and a resident of India with a valid Aadhaar and PAN.
• You must not be on any sanctions list maintained by the Government of India, the United Nations Security Council, or other lists we are required to screen against, and you must not act on behalf of anyone who is.
• You must use the Service for yourself. Accounts are personal and cannot be shared, sold or operated for someone else.
• During the private beta, access is by invitation, on Android only, and features may change or be withdrawn without notice.

04Your account and verification

• You sign in with a verified mobile number, or with Google or Apple where offered. You are responsible for everything done through your account and for keeping your device, PIN and sign-in credentials secure.
• Before any feature that moves money, you must complete identity verification: Aadhaar through DigiLocker, PAN verification, and a liveness check matched to your Aadhaar photograph. All three are mandatory.
• We may ask for further information or documents at any time (enhanced due diligence), and may restrict the account until it is provided.
• You must give accurate information and keep it current. Providing false information is grounds for immediate closure.
• Every action that moves money requires your transaction PIN. Do not share it. We will never ask for it outside the app.

05What we provide

• Custodial wallet for USDT (on TRON and BNB Smart Chain), USDC (on Polygon), TRX and BNB — with deposit addresses per network and on-chain withdrawals.
• Peer-to-peer marketplace where users buy and sell digital assets for Indian rupees, with the crypto side held in escrow by us (section 7).
• Swap between the supported assets and networks at a quoted rate (section 8).
• Transfers to other users by mobile number, and gifts by link to people who are not yet users.
• Referral rewards on the terms shown in the app at the time.
• An in-app assistant that can help you navigate and prepare transactions; it never moves money without your PIN.

Mobile recharges paid in crypto, and any card product, are on our roadmap and are not available until launched in the app with their own terms and required approvals. We may add, change or withdraw features, and may pause any asset or network for safety.

06Custody of your assets

• Assets you deposit are held in wallets we control, together with the assets of other users. Your entitlement is recorded in our ledger, which is reconciled against on-chain balances continuously.
• You have a contractual claim against us for the assets recorded to your account. You do not hold the private keys.
• Deposits are credited after the number of network confirmations shown in the app. Deposits of unsupported assets, or on the wrong network, may be unrecoverable.
• Withdrawals are subject to screening, per-asset limits, and a timelock on large amounts. We may hold a withdrawal for review and ask questions before releasing it.
• If we detect a mismatch between the ledger and the chain, a security incident, or a legal requirement, we may pause deposits, withdrawals, trading or the whole Service while we investigate.

07Marketplace rules

• Offers are posted by users at their own prices. We do not set prices, and we are not a party to the rupee payment, which travels directly from the buyer's bank or UPI account to the seller's.
• When a trade is accepted, the seller's crypto is locked in escrow. It is released to the buyer when the seller confirms receipt of the rupees, or — if the seller has enabled Instant Release — when we detect a payment that matches the trade amount exactly.
• Rupee payments must come from a bank or UPI account in the buyer's own name, matching their verified identity. Payments from third parties may be rejected and the trade cancelled.
• Both parties must act within the time limits shown in the trade. A buyer who does not pay in time loses the trade; a seller who does not release after payment can be overridden by us after review.
• If the parties disagree, either may open a dispute. We review the evidence both sides submit and decide where the escrowed crypto goes. A decision can be appealed once. Our decision on appeal is final between the parties as far as the escrow is concerned; it does not limit your legal rights against the other party.
• Fees for completed trades are shown before you accept and are deducted from the crypto side.
• Ratings and trade counts shown to other users are calculated from your completed and disputed trades.

08Swaps, transfers and gifts

• A swap quote shows the rate, the fee and the amount you will receive, and is valid for the time shown (typically 30 seconds). Once you confirm with your PIN the swap is final.
• Transfers to other users by mobile number are instant and final once confirmed.
• A gift sent by link can be claimed by the recipient after they create and verify an account. Gifts not claimed within 30 days are returned to you.

09Fees

• Every fee is shown in the app before you confirm the action. There are no fees you have not seen.
• On-chain withdrawals carry a network fee, which varies with network conditions, plus any platform fee shown.
• We may change fees with notice in the app. A change does not affect a transaction already confirmed.

10Limits, holds and reviews

• Limits apply per asset, per day and per transaction, and may depend on your verification status and account history. Current limits are shown in the app.
• We screen every deposit and withdrawal address. Funds connected to sanctioned or illicit activity may be frozen and reported as the law requires.
• Where we are required by law to freeze, hold or hand over assets, we will do so and may be prohibited from telling you why.

11Tax

• A valid PAN is mandatory because tax on transfers of virtual digital assets depends on it.
• Where the Income-tax Act requires tax to be deducted at source on a transfer, we compute and record it and issue the statements required. The way deduction is carried out in a marketplace trade is shown in the app before you confirm.
• We may require a tax-residence self-certification and report information about your account to the tax authorities where reporting rules for crypto-assets apply.
• You are responsible for your own tax on gains, income and transfers. We do not provide tax advice.

12What you must not do

• Use the Service for money laundering, terrorist financing, sanctions evasion, fraud, or any unlawful purpose.
• Pay for a marketplace trade from an account that is not yours, or accept payment into an account that is not yours.
• Open more than one account, or an account for someone else.
• Reverse or dispute a rupee payment after the crypto has been released, except through our dispute process.
• Probe, scrape, reverse-engineer, or interfere with the app, its APIs or its security controls; use bots or automation; attempt to manipulate the in-app assistant.
• Post offers or messages that are abusive, deceptive, or intended to move a trade off the platform.

13Suspension and closure

• We may restrict, suspend or close your account if you breach these terms, if we suspect financial crime, if the law requires it, or if we cannot complete verification. Where the law allows, we will tell you why.
• Funds in a suspended account are held until our review is complete. After review, and subject to any legal hold, you may withdraw the remaining balance to an address in your control.
• You may close your account at any time from the app once no trades are open. Records are retained afterwards as the Privacy Policy describes.

14Intellectual property

The app, this website, and the names, logos, designs and code behind them belong to Aryavart Digital Technologies Private Limited or our licensors. You receive a personal, non-transferable licence to use the app for its intended purpose, and nothing more.

15Disclaimers and liability

• The Service is provided "as is" and "as available". We do not promise it will be uninterrupted or error-free.
• We are not liable for loss caused by the price of any asset, by a blockchain network or a third-party provider, by an address you entered incorrectly, by your loss of control of your device or credentials, or by events beyond our reasonable control.
• To the fullest extent permitted by law, our total liability to you for all claims in any 12-month period is limited to the fees you paid us in that period. We are not liable for indirect, consequential or punitive loss, or for lost profits.
• Nothing in these terms limits liability that cannot be limited under Indian law, including for fraud.
• You agree to indemnify us against claims and losses arising from your breach of these terms or your unlawful use of the Service.

16Governing law and disputes

• These terms are governed by the laws of India.
• If you have a complaint, write to us first (section 18). We aim to acknowledge within 48 hours and resolve within 30 days.
• Any dispute not resolved that way is referred to arbitration by a sole arbitrator under the Arbitration and Conciliation Act, 1996, seated in Jabalpur, Madhya Pradesh, conducted in English. Subject to that, the courts at Jabalpur have exclusive jurisdiction.
• Nothing here prevents you from approaching a consumer forum or regulator where you have a legal right to do so.

17General

• We may update these terms. Material changes are announced in the app and by email at least 30 days before they take effect; continued use after that date is acceptance.
• If any part of these terms is unenforceable, the rest continues to apply.
• You may not assign your rights under these terms. We may assign ours to a successor of the business.
• These terms, the Privacy Policy, and the fee and limit information shown in the app are the whole agreement between us.

18Contact