Wellcome to AsalWallet
Garowe, Puntland- Somalia
+252907969596
About AsalWallet

AsalWallet is an online exchange platform that enables users to exchange digital and electronic currencies, including but not limited to: MoneyGo, USDT (Tether), EVC Plus, eDahab, M-Pesa and other supported payment methods and currencies.

We reserve the right to add, remove, or modify supported currencies and services at any time.


Eligibility

To use our services, you must:

1. Be at least 18 years old.

2. Have the legal capacity to enter into binding agreements.

3. Complete account registration.

4. Provide accurate and truthful information.

5. Comply with applicable laws and regulations.


Account Registration

Users must register an account before conducting any transaction.

You are responsible for:

1. Maintaining the confidentiality of your login credentials.

2. All activities conducted through your account.

3. Keeping your information accurate and up to date.

We may suspend or terminate accounts that provide false information.


Identity Verification (KYC)

To comply with anti-money laundering (AML) and financial regulations, AsalWallet may require:

1. Government-issued identification

2. Proof of address

3. Selfie verification

4. Additional documentation when necessary

We reserve the right to reject or suspend accounts that fail verification requirements.


Transactions

Exchange rates displayed on the platform are subject to market fluctuations.

A transaction becomes final when:

1. The customer submits payment.

2. The payment is successfully received and verified.

3. The exchange is processed by AsalWallet.

Users must carefully verify recipient details before confirming a transaction.

AsalWallet is not responsible for losses resulting from incorrect information submitted by users.


Prohibited Activities

Users may not use AsalWallet for:

1. Money laundering

2. Terrorist financing

3. Fraudulent activities

4. Identity theft

5. Sanctions violations

6. Illegal gambling

7. Unauthorized financial activities

8. Any activity prohibited by applicable law

We reserve the right to freeze, reject, or report suspicious transactions.


Fees

Applicable fees will be displayed before a transaction is confirmed. AsalWallet may update fees at any time without prior notice.


Service Availability

We strive to provide uninterrupted service but do not guarantee continuous availability.

Services may be affected by:

1. Maintenance

2. Technical failures

3. Banking partner delays

4. Third-party service interruptions

5. Regulatory requirements


Limitation and Liability

To the maximum extent permitted by law, AsalWallet shall not be liable for:

1. Indirect damages

2. Lost profits

3. Losses caused by third-party providers

4. Delays caused by financial institutions

5. Cryptocurrency market fluctuations

Our total liability shall not exceed the amount of fees paid for the transaction giving rise to the claim.


Suspension and Termination

We may suspend or terminate accounts if:

1. Fraud is suspected.

2. Regulatory obligations require it.

3. These Terms are violated.

4. False information is provided.


Changes to Terms

We may update these Terms from time to time.

Continued use of the platform after updates constitutes acceptance of the revised Terms.


Contact

For questions regarding these Terms:

Email: support@asalwallet.com

Website: asalwallet.com

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