Last updated: March 25, 2021

These Terms of Use ("Terms", "Terms of Use") govern your relationship with the website and the Kryptonio mobile application (the "Service"), operated by Kryptonio IKE ("Kryptonio", "us", "we", or "our").

Please read these Terms of Use carefully before using our website and Kryptonio mobile application (the "Service").

Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users and others who access or use the Service.

By accessing or using the Service you agree to be bound by these Terms. If you disagree with any part of the terms then you may not access the Service.

Privacy Policy

Please refer to our Privacy Policy for information on how we collect, use and disclose information from our users. You acknowledge and agree that your use of the Service is subject to, and that we can collect, use and/or disclose your information (including any personal data you provide to us) in accordance with, our Privacy Policy.


We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material we will try to provide at least 30 days notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion. By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.


You may use the Service is you are 18 years or older and are not barred from using the Service under applicable law.


If you want to use the Service, you’ll have to create an account using the Service. The Service features are activated and available only to users who have successfully completed the sign-on process. We reserve the right to suspend or terminate your account if you provide inaccurate, untrue, or incomplete information, or if you fail to comply with the registration requirements or these terms. Use of the Service may not be available to you, in whole or in part, in certain regions, countries, or jurisdictions, in order to comply with certain rules and regulations.

How the Service works?

The Service uses a keyless security model, freeing user from the concern about their private keys being lost or stolen. The Service replaces traditional private keys with two independently created mathematical secret shares. Using a distributed key generation protocol, one share is stored on the user’s mobile device ("User Share") and the other on our server ("Server Share"). Using a distributed signing protocol both shares are always required to sign transactions. The User Share never leaves the user’s device and even if something happens to one of the shares, your digital assets are always safe. During the registration process an encrypted copy of the User Share is stored on the user’s personal cloud.

If a user loses their device, deletes the Service, or wants to install the Service on a new device, the user can recover their User Share using facial recognition technology. With a simple face scan the Service matches the 3D FaceMap created during the registration process. This allows the encrypted User Share to be decrypted on the new device and the Service quickly restored.

Free and fee-based services

The Service is offered completely free of charge, but we reserve the right to charge a fee for our Service in the future, at our discretion with notice. We will disclose the amount of fees we will charge you for the applicable Service at the time that you access the Service.

You acknowledge that you may incur charges from third parties for use of linked services, when buying digital assets using fiat currencies, selling your digital assets for fiat currencies and converting from one cryptocurrency to another. You may pay network fees when you send to another user digital assets from Service. Third party fees and network fees are not charged by the Service and are not paid to Service.

Third-party websites and services

Our Service may contain links to third-party websites or services that are not owned or controlled by Kryptonio. Additionally, our Service may allow you to interact directly with third-party services without leaving our website or mobile application.

Kryptonio has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third-party web sites or services.

You further acknowledge and agree that Kryptonio shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such websites or services. We strongly advise you to read the terms and conditions and privacy policies of any third-party web sites or services that you visit.

We reserve the right to terminate or suspend access to these third-party services immediately, without prior notice or liability, for any reason whatsoever.


If you wish to purchase any product or service made available through the Service ("Purchase"), you may be asked to supply certain information relevant to your Purchase including, without limitation, your credit card number, expiration date, billing address, bank account information, and other information that may be used to verify your identity. You represent and warrant that: (i) you have the legal right to use any credit card(s) or other payment method(s) in connection with any Purchase; and that (ii) the information you supply to us is true, correct and complete.

By submitting such information, you grant us the right to provide the information to third parties for purposes of facilitating the completion of Purchases. We reserve the right to refuse or cancel your order at any time for certain reasons including but not limited to: product or service availability, errors in the description or price of the product or service, error in your order or other reasons. We reserve the right to refuse or cancel your order if fraud or an unauthorised or illegal transaction is suspected.

Acceptable Use of the Service

You agree not to use the Service in ways that:

  • Violate, misappropriate, or infringe the rights of Kryptonio, our users, or others, including privacy, publicity, intellectual property, or other proprietary rights;

  • Are illegal, obscene, defamatory, threatening, intimidating, harassing, hateful, racially, or ethnically offensive, or instigate or encourage conduct that would be illegal, or otherwise inappropriate, including promoting violent crimes;

  • Involve publishing falsehoods, misrepresentations, or misleading statements, including impersonating someone; Breach any duty toward or rights of any person or entity, including rights of publicity, privacy, or trademark; Involve sending illegal or impermissible communications such as bulk messaging, auto-messaging, auto-dialing, and the like;

  • Avoid, bypass, remove, deactivate, impair, descramble or otherwise circumvent any technological measure implemented by us or any of our service providers or any other third party (including another user) to protect the Service or Content;

  • Disguise your location through IP proxying or other methods;

  • Interfere with, or attempt to interfere with, the access of any user, host or network, including, without limitation, sending a virus, overloading, flooding, spamming, or mail-bombing the Services;

  • Violate any applicable law or regulation; or

  • Encourage or enable any other individual to do any of the foregoing.

You are solely responsible for the content you make available through Kryptonio and for the consequences associated with doing so.

Availability, Errors and Inaccuracies

We are constantly updating our offerings of products and services on the Service. The products or services available on our Service may be mispriced, described inaccurately, or unavailable, and we may experience delays in updating information on the Service and in our advertising on other web sites.

We cannot and do not guarantee the accuracy or completeness of any information, including prices, availability, and services. We reserve the right to change or update information and to correct errors, inaccuracies, or omissions at any time without prior notice.

Changes to the Service

We are constantly updating and improving the Service to try and find ways to provide you with new and innovative features and services. Improvements and updates are also made to reflect changing technologies, tastes, behaviors and the way people use the Service. In order to do this, we may need to update, reset, stop offering and/or supporting a particular part of the Service, or feature relating to the Service. These changes to the Service may affect your past activities on the Service and certain features that you use. Any changes to the Service could involve your features being deleted or reset; however, this will not affect your rights to the digital assets you manage through the Service.

You agree that a key characteristic of the Service is that changes to the Service will take place over time and this is an important basis on which we grant you access to the Service. Once we have made changes to the Service, your continued use of the Service will show that you have accepted any changes to the Service. You are always free to stop using the Service. Some changes to the Service provide important updates, upgrades and bug fixes. Declining such changes to the Service may expose the Service on your mobile device to increased security risk. You will also not be able to access new or upgraded functionalities that we may offer through the Service.

App Store Provisions

Your use of the Service may be subject to additional third party terms and conditions that govern that application marketplace from which you downloaded the Kryptonio mobile application, such as iTunes, Google Play for Android. Such third parties are not responsible for providing maintenance and support services with respect to the Service. You acknowledge that these Terms of Service set out the terms of the agreement between you and us only, and do not apply to your relationship with Apple, Inc, Google Inc or any other provider of an app store or distribution platform from which you download the App (the "Store Provider").

We, not the Store Provider, will be solely responsible for performance of the Service, any content that we make available through the Service and any support or maintenance in respect of the Service. The Store Provider will have no obligation to provide any maintenance or support services with respect to the Service. We, not the Store Provider, will be solely responsible in the event that the Service does not comply with any promises (including any promises made in respect of its functionality, suitability or fitness for purpose). To the maximum extent permitted by law, the Store Provider will not be responsible to you for any claims in relation to the Service. In the event of any claim that the Service infringes another person's intellectual property rights, we, not the Store Provider, will be solely responsible for investigating, defending, settling or otherwise dealing with any such intellectual property infringement claim.

You acknowledge that: (a) you are not located in a country that is subject to a U.S. Government embargo, or that has been designated by the U.S. Government as a "terrorist supporting" country; and (b) you are not listed on any U.S. Government list of prohibited or restricted parties. The Store Provider (and members of its corporate group) are third party beneficiaries under these Terms of Service and have the right to enforce these Terms of Service against you.


We may terminate your access to and use of the Service, at our sole discretion, at any time and without notice to you. You may cancel your account at any time sending a message to [email protected].

Upon any termination, discontinuation or cancellation of Service, (i) all rights and/or licenses granted to you under these Terms shall immediately cease and terminate and you shall forthwith cease the use and/or access of the Service, Site and Content in any way whatsoever; and (ii) notwithstanding the foregoing, the following provisions will survive: Acceptable Use of Service, Termination, Disclaimer, Financial Disclaimer, Indemnity, Limitation of Liability and Governing Law.

Intellectual Property

The Service and its original content, features and functionality are and will remain the exclusive property of Kryptonio and its licensors. The Service is protected by copyright, trademark, and other laws of both Greece and foreign countries. Our trademarks, name, logo or domain name that is confusingly similar to our marks, logos and Internet domain names may not be used in connection with any product or service without the prior written consent of Kryptonio. You must refrain from any action or omission that may dilute or damage our goodwill.

Limitation Of Liability

In no event shall Kryptonio, nor its directors, employees, partners, agents, suppliers, or affiliates, be liable for any indirect, incidental, special, consequential or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Service; (ii) any conduct or content of any third party on the Service; (iii) any content obtained from the Service; and (iv) unauthorized access, use or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence) or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed of its essential purpose.


Your use of the Service is at your sole risk. The Service is provided on an "AS IS" and "AS AVAILABLE" basis. The Service is provided without warranties of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, non-infringement or course of performance.

Kryptonio, its subsidiaries, affiliates, and licensors do not warrant that a) the Service will function uninterrupted, secure or available at any particular time or location; b) any errors or defects will be corrected; c) the Service is free of viruses or other harmful components; or d) the results of using the Service will meet your requirements.

Financial Disclaimer

The Service is not intended as, and does not provide, any investment or financial advice in any way or form. With respect to any financial or investment decisions, it is strongly recommended that you conduct your own research and due diligence investigation, to properly evaluate the benefits and risks of any investment or financial transaction. It is also strongly recommended that you seek the advice and guidance of qualified investment advisors, tax advisors and legal counsels in connection with any investment or financial transaction.

Governing Law

These Terms shall be governed and construed in accordance with the laws of Greece, without regard to its conflict of law provisions.

Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect. These Terms constitute the entire agreement between us regarding our Service, and supersede and replace any prior agreements we might have between us regarding the Service.

Contact Us

If you have any questions about these Terms or the Services, please contact us at [email protected].

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