Last Updated: July 28, 2025
Coinbase Bermuda Technologies Limited (“CBTL” or “we” or “us” or “our”) makes available to users certain software services accessible via web browser and/or mobile device application, including (a) self-custodial externally owned accounts (each, an “EOA”), (b) individual onchain accounts powered by self-custodial smart wallets (each, a “Base Account”) and (c) a mobile software application that enables users with an EOA or Base Account to access onchain applications and protocols and engage in peer-to-peer transactions on blockchain networks (“Base App”, and together with Base Accounts, collectively the “Services”). “Coinbase Group” means CBTL, its corporate affiliates, including Coinbase, Inc., a Delaware corporation, and Coinbase Global, Inc., a Delaware corporation. CBTL developed these Terms of Service (“Terms”) to describe the terms that govern your use of all versions of the Services. These Terms and additional information about the Services can be found at https://account.base.app (the “Site”).
By clicking “Accept terms” or by accessing or using any or all of the Services through any means, you agree to be bound by these Terms. If you don’t agree to be bound by these Terms, you may not access or use the Services.
If you reside in the United States or Canada, then you agree that you have read, understand, and except where prohibited by law, accept the Arbitration Agreement in Appendix 1 of these Terms.
By agreeing to the Arbitration Agreement, you and we agree to resolve disputes we may have with each other via binding arbitration or in small claims court (instead of a court of general jurisdiction), and you agree to do so as an individual (instead of as a member of a class in a class action). To the extent that the law allows, you also waive your right to a trial by jury. For more information, see the section in these Terms entitled “Dispute Resolution, Arbitration Agreement, Class Action Waiver, and Jury Trial Waiver” and the Arbitration Agreement in Appendix 1 of these Terms.
It is also important that you review the “Limitation of Liability” and “Warranty Disclaimer” sections of these Terms.
Please refer to Base Account and Base App Privacy Policy (the “Privacy Policy”) for information on how we collect, use, disclose and share information from you when you use the Services. The Privacy Policy is incorporated into these Terms.
If you are not a resident of the European Economic Area (the “EEA”), you acknowledge and agree that your use of the Services is subject to the Privacy Policy. You further agree that we may collect, use and/or disclose your information (including any personal data you provide to us) in accordance with the Privacy Policy.
If you reside in the EEA, you acknowledge that we process personal data in accordance with the Privacy Policy, which you have read and understood.
We may modify the Terms at any time at our sole discretion. If we do so, we’ll let you know either by posting the modified Terms on the Site, by providing you a notice through the Services, or through other reasonable methods of communication. The modified Terms will be effective at the time they are posted on the Site. It’s important that you review the Terms whenever we modify them because if you continue to use the Services after we have modified the Terms, you are agreeing to be bound by the modified Terms. If you don’t agree to be bound by the modified Terms, then you must cease using the Services. Because our Services are evolving over time we may change or discontinue all or any part of the Services, at any time and without notice, at our sole discretion.
Eligibility
You may use the Services if you are 18 years or older and are not barred from using the Services under applicable law.
Registration and Your Information
Base Account. In order to access certain functionality in the Base App, you'll have to create a Base Account. You agree that you won't share your Base Account credentials with anyone. If you suspect that your Base Account or any of your security details have been compromised or if you become aware of any fraud or attempted fraud or any other security incident (including a cyber-security attack) affecting you, your Base Account, and/or Coinbase, you should inform Coinbase Support immediately at https://help.coinbase.com. You're responsible for all activities that occur under your Base Account whether or not you know about them. We reserve the right to suspend or terminate your access to the Services for any reason, including if you provide inaccurate, untrue, or incomplete information, or if you fail to comply with the Base Account registration requirements or these Terms.
Basenames. When using the Base App for the first time, you may be required to claim a Basename, or import an existing Basename you already own. Your Basename will serve as your primary username in the Base App, and you will be able to add Basename profile information in the Base App that will be stored onchain.
Basenames is an open source blockchain-based naming protocol that maintains a registry of all domains and subdomains on Base through a series of smart contracts deployed on Base. Users may, through interacting with Basenames, search such registry, register domains and subdomains and manage their registered names, including by adding metadata and other information (e.g., URLs) to the corresponding text records on the Basenames smart contract. Basenames is not part of the Services. The Base App is one, but not the exclusive, means of creating and accessing Basenames. For example, the Basenames interface located at https://base.org/names can also be used to create and access Basenames. You are responsible for conducting your own diligence on other interfaces enabling you to access Basenames to understand any fees and risks that they present.
You understand that anyone can register and own a domain name (and its subdomains) that is not already registered on the registry maintained by Basenames. You further understand that names registered on the registry maintained by Basenames may expire and you are responsible for monitoring and renewing the registration of such names. You acknowledge that Coinbase is not able to forcibly remove, prevent or otherwise interfere with the ability of any person to register a domain name on the registry operated by Basenames and you hereby acknowledge that Coinbase will not be liable for any claims or damages whatsoever associated with your use, inability to use any domain names subject of registration, or to be registered, on the registry maintained by Basenames.
You agree that Basenames is purely self-custodial, meaning you are solely responsible for the custody of any passkeys and/or cryptographic private keys, as the case may be, to the digital asset wallets (including the Smart Wallet associated with your Base Account) you hold and use to access Basenames.
In order to use create a Base Account, you will need to set up a smart contract wallet (a “Smart Wallet”), which is a self-custodial crypto wallet that enables you to (i) store digital assets; (ii) access and interact with Third Party Services (as defined below); (iii) broadcast transactions on digital asset networks, and (iv) use additional functionality as we may add from time to time. You can learn more about Smart Wallets and how they work here.
Recovery Phrase and Passkeys
You are solely responsible for the retention and security of your twelve word recovery phrase for any EOA you access using the Base App or any recovery key you create for your Smart Wallet (in each case, a “Recovery Phrase”), as well as your unique digital or hardware credentials (for example, iCloud and Google Passkeys and, hardware authentication devices such as Yubikeys) that are tied to your Smart Wallets (“Passkeys”). Your Recovery Phrase and/or Passkeys are the only way to access the cryptocurrency associated with your EOA wallet and/or Base Account, as the case may be. Anyone that has access to your Recovery Phrase and/or Passkeys can access your cryptocurrency. IF YOU SHARE YOUR RECOVERY PHRASE WITH A THIRD PARTY, IF YOUR RECOVERY PHRASE IS COMPROMISED, OR IF YOU SUSPECT YOUR RECOVERY PHRASE IS COMPROMISED, YOU SHOULD IMMEDIATELY MOVE YOUR ASSETS INTO A NEW, UNCOMPROMISED WALLET. IF YOU LOSE YOUR RECOVERY PHRASE AND/OR PASSKEYS, YOU WILL NOT BE ABLE TO ACCESS YOUR CRYPTOCURRENCY USING THE SERVICES. YOU ACKNOWLEDGE THAT CBTL DOES NOT STORE AND IS NOT RESPONSIBLE IN ANY WAY FOR THE SECURITY OF YOUR RECOVERY PHRASE AND/OR PASSKEYS. YOU AGREE TO HOLD CBTL AND ITS AFFILIATES HARMLESS FOR ANY LOSSES ARISING FROM YOU LOSING YOUR RECOVERY PHRASE AND/OR PASSKEYS. YOU AGREE THAT CBTL AND ITS AFFILIATES SHALL NOT BE LIABLE IN ANY WAY IF YOU LOSE YOUR RECOVERY PHRASE AND/OR PASSKEYS AND CANNOT ACCESS YOUR CRYPTOCURRENCY.
Onchain Transactions
The Base App enables you to interact with Third Party Services by signing and authorizing onchain transactions (each, an “Onchain Transaction”) using an EOA or Smart Wallet, including transactions that transfer digital assets between your EOA or Smart Wallet and other wallet addresses. For certain Onchain Transactions that involve multiple signing steps, the Base App may enable you to authorize the bulk signing of all such messages using an alternative key or signer that is under your sole control. Onchain Transactions that you sign using your EOA or Smart Wallet or that you otherwise authorize cannot be reversed once they have been broadcast to the relevant digital asset network (although they may be in a pending state, and designated accordingly, while the transaction is processed by network operators). Neither CBTL nor any other member of the Coinbase Group makes any guarantee that an Onchain Transaction will be confirmed by the relevant digital asset network(s).
Pending Transactions
Once an Onchain Transaction is submitted to a digital asset network, the transaction will be unconfirmed and remain in a pending state for a period of time sufficient to allow confirmation of the transaction by the digital asset network. An Onchain Transaction is not complete while it is in a pending state. Pending Onchain Transactions that are initiated using an EOA or Smart Wallet will reflect a pending transaction status and are not complete while the transaction is pending. Neither CBTL nor any other member of the Coinbase Group is liable for any losses you may incur as a result of issues with the relevant digital asset network (e.g., network outages or excessive network congestion) that causes any Onchain Transaction to remain in a pending state for an extended duration.
Supported Assets
Neither CBTL nor any other member of the Coinbase Group assumes any responsibility in connection with any attempt to use your EOA or Smart Wallet to store, receive or otherwise transact with any digital asset that is on a blockchain or network not supported by the Smart Wallet or the Base App generally. We may in our sole discretion add or terminate support for any particular blockchain or network. As such, if you or a third party attempts to send digital assets to your EOA or Smart Wallet that are not on a supported blockchain or network, you understand and agree that you may not be able to access such digital assets.
You can use the Services to access third-party services, such as decentralized exchanges, lending protocols, social media protocols, messaging protocols, and other services (“Third Party Services”), and interact with such Third Party Services using your EOA or Smart Wallet. We provide access to Third Party Services in the Base App only as a convenience, do not have control over their content, do not warrant or endorse, and are not responsible for the availability or legitimacy of, the content, products, assets, or services on or accessible from those Third Party Services (including any related websites, resources or links displayed therein). When accessing and transacting on or with Third Party Services, you understand that unless otherwise stated, you are at no time transacting with any member of the Coinbase Group, or transferring your assets to any member of the Coinbase Group. Your use of any Third Party Service may also be subject to additional terms and conditions between you, on the one hand, and the provider(s) of such Third Party Service, on the other hand.
Certain Third Party Services, such as decentralized exchanges and decentralized lending protocols, may provide access to services and assets that have high risks of illiquidity, devaluation, lockup, or loss. Before you initiate any transaction with or through any Third Party Service, it is important for you to understand that you are transacting directly with a third party that is not affiliated with any member of the Coinbase Group. You should assume that we have not verified the safety or legitimacy of any Third Party Service, and have not reviewed (or approved of) the services it provides or any representations it has made. It is your responsibility to ensure that you fully understand the nature of the services being provided by any Third Party Service, including the financial risks that you may be exposed to as a result of using such Third Party Service.
Specific Third Party Services in the Base App
Wallet Messaging. When you download and activate the Base App, you will have access to a peer-to-peer messaging service (“Wallet Messaging”) that is enabled by the XMTP protocol, which is a decentralized protocol that is not affiliated with the Coinbase Group. By using any or all of the Services, including Wallet Messaging, you agree to be bound to (i) the XMTP terms of service, which may be accessed at https://xmtp.org/terms, and (ii) the XMTP privacy policy, which may be accessed at https://xmtp.org/privacy. In order to use Wallet Messaging, you will need to create a separate XMTP account that allows you to send and receive messages on the XMTP network. When you use the Wallet Messaging feature, your XMTP account will be associated with your Base Account. XMTP stores messages in the XMTP network before and after retrieval, and all messages you send using the Wallet Messaging feature are end-to-end encrypted, meaning that neither CBTL nor any member of the Coinbase Group will have access to such messages. You can learn more about how XMTP messaging works by visiting https://docs.xmtp.org/intro/intro.
Farcaster. The Base App also gives you the ability to access and communicate through Farcaster, which is a decentralized social media protocol that is not affiliated with the Coinbase Group. In order to access Farcaster, you will need to create a separate Farcaster account that allows you to set up a username, profile picture and publish messages known as casts. When you access Farcaster through the Base App, your Farcaster account will be associated with your Base Account. In order to provide a secure, seamless experience when accessing Farcaster through the Base App, we may store on our systems the signer for your Farcaster account; however, Coinbase will never take any action on your Farcaster account without your express authorization. Any content that you post on Farcaster will be stored on the Farcaster network, and will be publicly available. While we do have the ability to, and may at our discretion prevent content on Farcaster from being displayed in the Base App, we cannot remove any content from the Farcaster network once it has been posted. You can learn more about how Farcaster works by visiting https://docs.farcaster.xyz/learn/.
Zora. The Base App enables you to mint tokens based on Farcaster social posts using Zora's content coin protocol. Zora is a decentralized social media protocol not affiliated with the Coinbase Group that allows content creators to tokenize any social media post (text, image or video) by enabling each post to be minted as an ERC-20 token. By using Zora in the Base App to tokenize social media content, you agree to be bound to (i) the Zora terms of service, which may be accessed at https://support.zora.co/en/articles/6171073, and (ii) the Zora privacy policy, which may be accessed at https://support.zora.co/en/articles/1369025. You understand that when using Zora in the Base App to tokenize any social media content, you are at no time transacting with any member of the Coinbase Group, or transferring your assets to any member of the Coinbase Group.
DEX Aggregator Integration. The Base App enables you to execute swap transactions on decentralized exchanges using a native interface in the Base App (the “Native DEX Integration”). When you initiate a swap transaction using the Native DEX Integration, your request will be processed by third party aggregator services, such as 1inch and ZeroEx, that provide access to liquidity across multiple decentralized exchange protocols in order to optimize the price and/or execution of your swap. As noted above, you understand that when using the Native DEX Integration, you are at no time transacting with any member of the Coinbase Group, or transferring your assets to any member of the Coinbase Group. Additionally, your use of the Third Party Services accessed through the Native DEX Integration may also be subject to additional terms and conditions between you, on the one hand, and the provider(s) of such Third Party Services (which for purposes of the Native DEX Integration includes the relevant third party aggregator services, such as 1inch and ZeroEx), on the other hand.
AI Agents, Bots, and Frames. When using the Services, you may have the ability to interact with AI agents, bots, and Frames (sometimes also referred to as mini apps in the Base App) that have been created and deployed by third parties (each, a “Third Party Tool”). We provide access to these Third Party Tools only as a convenience, do not have control over their content, do not warrant or endorse, and are not responsible for the availability or legitimacy of, the content, products, assets, or services on or accessible from those Third Party Tools (including any related websites, resources or links displayed therein). You should assume that we have not verified the safety or legitimacy of any Third Party Tools, and have not reviewed (or approved of) the services it provides or any representations it has made. It is your responsibility to ensure that you fully understand the nature of the services being provided by any Third Party Tools, including the financial risks that you may be exposed to as a result of using such Third Party Tools. Coinbase may also develop and distribute its own AI agents, bots, or Frames that can be accessed in the Base App, and those first party tools will be clearly labelled as such.
Content Moderation
We have a simple approach to content moderation when it comes to content that you create or access on the Base App. We follow local laws wherever we operate. In addition, we use the spirit of the First Amendment to the United States Constitution as our guide to what type of legal speech to allow globally.
Our global framework for content decisions is as follows:
What does this mean in practice? Here's guidance to help you figure out what's allowed and what's not on our platform:
If you report content in the Base App that you believe violates these moderation principles, we will review it to determine whether it should be removed from the app. Note that any content we remove will no longer be viewable in the Base App, but will persist on the Farcaster protocol.
Although we have no obligation to monitor any User Content (as defined below) that you publish using the Base App, we have absolute discretion to remove User Content at any time and for any (or no) reason from the Base App without notice. You understand that by using the Services, you may be exposed to third party content that is offensive, indecent, or objectionable. We take no responsibility and assume no liability for any such content.
If you see content on the Base App that you believe violates your intellectual property rights, you agree to submit a notice of claimed intellectual property infringement using the procedures described on our content Removals page. We comply with the DMCA and we'll respond to a properly submitted notification of claimed copyright infringement in accordance with our DMCA procedures. Note that infringers may have their access to the Services revoked.
We welcome feedback, comments, ideas, and suggestions for improvements to the Services (“Feedback”). You can submit Feedback by contacting us at https://help.coinbase.com/en/wallet. You grant to us a non-exclusive, worldwide, perpetual, irrevocable, fully-paid, royalty-free, sublicensable and transferable license under any and all intellectual property rights that you own or control to use, copy, modify, create derivative works based upon and otherwise exploit the Feedback for any purpose. You further waive and shall cause all others to waive any moral rights, personality rights or other waivable rights of authorship or personhood as a condition of submitting any Feedback.
You warrant and represent that you have the right and authority to submit your Feedback and that the Feedback or any part thereof does not infringe the intellectual property rights, privacy rights, personality rights, rights not to be defamed, or any other rights of any third party.
You own and control digital assets held in your Base Account and any EOA or Smart Wallet you access using the Base App. As the sole owner of such digital assets, you shall bear all risk of loss of such digital assets. CBTL shall have no liability for digital asset fluctuations or loss associated with your use of the Services. At any time, subject to outages, downtime, and other applicable policies, you may withdraw your digital assets by sending it to a different blockchain address. You acknowledge that by engaging the Services you are at no time transferring your assets to CBTL or its affiliates.
For purposes of these Terms: (i) “Content” means text, graphics, images, music, software, audio, video, works of authorship of any kind, and information or other materials that are posted, generated, provided or otherwise made available through the Services; (ii) “User Content” means any Content that Base Account holders (including you) make available through the Services; and (iii) “CBTL Content” means all Content except for User Content. Content includes without limitation User Content.
We do not claim any ownership rights in any User Content and nothing in these Terms will be deemed to restrict any rights that you may have to use and exploit your User Content.
Subject to the foregoing, CBTL and its licensors exclusively own all right, title and interest in and to the Services and the CBTL Content, including all associated intellectual property rights. You acknowledge that the Services and the CBTL Content are protected by copyright, trademark, and other laws of the United States and foreign countries. You agree not to remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying the Services or the CBTL Content.
Rights in User Content Granted by You
In order to operate and provide our Services, you grant us a worldwide, non-exclusive, royalty-free, sublicensable, and transferable license to use, copy, distribute, create derivative works of, display, and perform the User Content that you upload, submit, store, send, or receive through your use of the Services. The rights you grant in this license are for the limited purpose of operating and providing our Services. Additional information about your privacy and how we use User Content is available in the Privacy Policy.
You warrant and represent that you have the right and authority to submit your User Content and that the User Content or any part thereof does not infringe the intellectual property rights or any other rights of any third party.
You acknowledge that, in certain instances, where you have removed your User Content by deleting it, some of your User Content (such as posts or comments you make) may not be completely removed and copies of your User Content may continue to exist on the Services or on public blockchains. We are not responsible or liable for the removal or deletion of (or the failure to remove or delete) any of your User Content.
Rights in Content Granted by CBTL
Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, non-sublicensable license to download, view, copy, display and print the Content solely in connection with your permitted use of the Services.
The Site and Services are proprietary to CBTL and its licensors and must not be used other than strictly in accordance with these Terms. CBTL grants to you a limited, non-exclusive, non-transferable, non-sublicensable license to use the Site and the Services in accordance with these Terms.
We may charge fees for some or part of the Services we make available to you. We reserve the right to change those fees at our discretion. We will disclose the amount of fees we will charge you for the applicable Service at the time that you access the Service or at the time indicated in any notice to you.
You may incur charges from third parties for use of services that you access using your EOA or Base Account, including through the Base App. For example, you may be charged fees in connection with onchain transactions you execute on decentralized exchanges that you may access through the Base App (including transactions you execute through the Native DEX Integration). You may also be charged fees by Coinbase, Inc. (or one of its affiliates, depending on your location) if you transact in your Coinbase account when using the Services (i.e., if you elect to link your Coinbase account). Third party fees are not charged by CBTL and are not paid to CBTL.
You agree not to use the Services in ways that:
You agree to comply with all applicable laws including but not limited to export restrictions, end-user restrictions, antiterrorism laws, and economic sanctions. You are not permitted to use the Services if doing so would violate applicable laws and regulations, including but not limited to those promulgated by the United Nations Security Council, Singapore, the United Kingdom, the United States (including those prohibiting dealings with sanctioned persons identified by the U.S. Department of the Treasury's Office of Foreign Assets Control Specially Designated Nationals and Blocked Persons (“SDN”), or other U.S. non-SDN restricted or prohibited parties lists, and those prohibiting dealings with persons organized, resident, or located in comprehensively sanctioned jurisdictions), and/or any other applicable national, provincial, federal, state, municipal or local laws and regulations (each as amended from time to time).
We may terminate your access to and use of the Services, at our sole discretion, at any time and without notice to you. Upon any termination, discontinuation or cancellation of Services, (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 Site, Services and Content in any way whatsoever; and (ii) notwithstanding the foregoing, the following provisions will survive: Feedback, General Terms Regarding Content Ownership, Responsibility and Removal (save for the subsection "Rights in Content Granted by CBTL"), Termination, Warranty Disclaimers, Indemnity, Limitation of Liability, Dispute Resolution, Arbitration Agreement, Class Action Waiver, and Jury Trial Waiver, and General Terms.
YOU EXPRESSLY ACKNOWLEDGE AND AGREE THAT USE OF THE SERVICES (INCLUDING ANY PRIVATE KEY STORAGE SERVICE OFFERED AS PART OF THE SERVICES, WHETHER CLOUD OR HARDWARE-BASED) AND CONTENT IS AT YOUR SOLE RISK AND THAT THE ENTIRE RISK AS TO SATISFACTORY QUALITY, PERFORMANCE, ACCURACY AND EFFORT IS WITH YOU. THE SITE AND SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS, IMPLIED OR STATUTORY. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COINBASE GROUP SPECIFICALLY DISCLAIMS ANY EXPRESS OR IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND/OR NON-INFRINGEMENT. NEITHER CBTL NOR ANY OTHER MEMBER OF THE COINBASE GROUP MAKES ANY REPRESENTATIONS OR WARRANTIES THAT ACCESS TO THE SERVICES OR ANY OF THE MATERIALS CONTAINED THEREIN WILL BE CONTINUOUS, UNINTERRUPTED, TIMELY, OR ERROR-FREE. SERVICE INTERRUPTIONS MAY CAUSE YOU TO BE SIGNED OUT OF THE SERVICES AND REQUIRE YOU TO RE-ENTER YOUR RECOVERY PHRASE OR PASSKEY, AS THE CASE MAY BE, TO REGAIN ACCESS.
USE OF ANY PRIVATE KEY STORAGE SERVICE INCLUDED AS PART OF THE SERVICES IS OFFERED TO YOU AS A CONVENIENCE, SUBJECT TO THE LIMITATIONS ABOVE. YOU ARE SOLELY IN CONTROL OF AND RESPONSIBLE FOR STORING AND SECURING YOUR PRIVATE KEY AND RECOVERY PHRASE FOR THE PRODUCT. NEITHER CBTL NOR ANY OTHER MEMBER OF THE COINBASE GROUP STORES A BACKUP OF, AND WILL NOT BE ABLE TO RECOVER, YOUR PRIVATE KEY, RECOVERY PHRASE, OR PASSKEY. IF YOU LOSE YOUR RECOVERY PHRASE OR PASSKEY, THEN YOU WILL LOSE ACCESS TO ALL ASSETS YOU HAVE STORED IN YOUR WALLET. DO NOT LOSE YOUR RECOVERY PHRASE OR PASSKEY. YOU SHOULD ALWAYS BACKUP YOUR PRIVATE KEY AND PASSKEY VIA SECONDARY MEANS.
You agree that you will indemnify and hold harmless CBTL, each other member of the Coinbase Group, and their respective affiliates, officers, directors, employees and agents, from and against any claims, disputes, demands, liabilities, damages, losses, and costs and expenses, including, without limitation, reasonable legal and accounting fees arising out of or in any way connected with (i) your access to or use of the Services or Content, (ii) your User Content, (iii) Third Party Services, or (iv) your violation of these Terms.
TO THE MAXIMUM EXTENT NOT PROHIBITED BY LAW, NEITHER CBTL NOR ANY OTHER MEMBER OF THE COINBASE GROUP SHALL BE LIABLE FOR DAMAGES OF ANY TYPE, WHETHER DIRECT OR INDIRECT, ARISING OUT OF OR IN ANY WAY RELATED TO YOUR USE OR INABILITY TO USE THE SERVICES, INCLUDING BUT NOT LIMITED TO DAMAGES ALLEGEDLY ARISING FROM THE COMPROMISE OR LOSS OF YOUR LOGIN CREDENTIALS OR FUNDS, OR LOSS OF OR INABILITY TO RESTORE ACCESS FROM YOUR RECOVERY PHRASE OR PASSKEY, OR FOR MISTAKES, OMISSIONS, INTERRUPTIONS, DELAYS, DEFECTS AND/OR ERRORS IN THE TRANSMISSION OF TRANSACTIONS OR MESSAGES TO ANY DIGITAL ASSET NETWORK, OR THE FAILURE OF ANY MESSAGE TO SEND OR BE RECEIVED BY THE INTENDED RECIPIENT IN THE INTENDED FORM, OR FOR DIMINUTION OF VALUE OF ETHER OR ANY OTHER DIGITAL TOKEN OR DIGITAL ASSET ON A DIGITAL ASSET NETWORK. NEITHER CBTL NOR ANY OTHER MEMBER OF THE COINBASE GROUP SHALL BE LIABLE UNDER ANY CIRCUMSTANCES FOR ANY LOST PROFITS OR ANY SPECIAL, INCIDENTAL, INDIRECT, INTANGIBLE, OR CONSEQUENTIAL DAMAGES, WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, ARISING OUT OF OR IN CONNECTION WITH AUTHORIZED OR UNAUTHORIZED USE OF THE SERVICES, EVEN IF AN AUTHORIZED REPRESENTATIVE OF CBTL OR ANY OTHER MEMBER OF THE COINBASE GROUP HAS BEEN ADVISED OF OR KNEW OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES.
NEITHER CBTL NOR ANY OTHER MEMBER OF THE COINBASE GROUP MAKES ANY WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, ABOUT LINKED THIRD PARTY SERVICES, THE THIRD PARTIES THEY ARE OWNED AND OPERATED BY, THE INFORMATION CONTAINED ON THEM, ASSETS AVAILABLE THROUGH THEM, OR THE SUITABILITY, PRIVACY, OR SECURITY OF THEIR PRODUCTS OR SERVICES. YOU ACKNOWLEDGE SOLE RESPONSIBILITY FOR AND ASSUME ALL RISK ARISING FROM YOUR USE OF THIRD-PARTY SERVICES, THIRD-PARTY WEBSITES, APPLICATIONS, OR RESOURCES, INCLUDING RISK OF LOSS FOR ASSETS TRADED THROUGH SUCH THIRD-PARTY SERVICES. NEITHER CBTL NOR ANY OTHER MEMBER OF THE COINBASE GROUP SHALL BE LIABLE UNDER ANY CIRCUMSTANCES FOR DAMAGES ARISING OUT OF OR IN ANY WAY RELATED TO SOFTWARE, PRODUCTS, SERVICES, AND/OR INFORMATION OFFERED OR PROVIDED BY THIRD-PARTIES AND ACCESSED THROUGH THE SITE OR SERVICES, INCLUDING ANY DAPPS.
SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OF LIABILITY FOR PERSONAL INJURY, OR OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THIS LIMITATION MAY NOT APPLY TO YOU. IN NO EVENT SHALL THE COINBASE GROUP'S TOTAL LIABILITY TO YOU FOR ALL DAMAGES (OTHER THAN AS MAY BE REQUIRED BY APPLICABLE LAW IN CASES INVOLVING PERSONAL INJURY) EXCEED THE AMOUNT OF ONE HUNDRED U.S. DOLLARS ($100.00 USD) OR ITS EQUIVALENT IN THE LOCAL CURRENCY OF THE APPLICABLE JURISDICTION.
If you have a dispute with us, you agree to first contact Coinbase Support via our Customer Support page (https://help.coinbase.com). If Coinbase Support is unable to resolve your dispute, you agree to follow the formal complaint process described herein (the “Formal Complaint Process”). You begin this process by submitting our complaint form. If you would prefer to send a written complaint via mail, please include as much information as possible in describing your complaint, including your support ticket number, how you would like us to resolve the complaint, and any other relevant information to us at 1350 Ave of the Americas, Fl 2 #1143, New York, NY 10019. The Formal Complaint Process is completed when Coinbase responds to your complaint or 45 business days after the date we receive your complaint, whichever occurs first. You agree to complete the Formal Complaint Process before filing an arbitration demand.
Disputes with Customers Who Reside in the United States or Canada
Class, Collective, Representative, and Mass Action Waiver and Jury Trial Waiver. If you live in the United States or Canada, You and CBTL agree that, except as specified in the Batch Arbitration Provision set forth in Appendix 1, each of us may bring claims against the other only on an individual basis and not on a class, representative, or collective basis or as part of a mass action (such as a mass arbitration), and the parties hereby waive all rights to bring or to participate in such actions in arbitration or in court to the maximum extent permitted by applicable law. This provision does not prevent you or CBTL from participating in a class-wide settlement of claims. YOU AND WE AGREE TO WAIVE OUR RIGHTS TO A JURY TRIAL. To the extent that any Dispute proceeds in court, and to the maximum extent permitted by applicable law, you and we agree to waive any right to a jury trial and have such matter resolved by a judge (also known as a bench trial).
Disputes with Customers Who Reside Outside the United States and Canada
If you do not reside in the United States or Canada, the Arbitration Agreement described in Appendix 1 does not apply to you and you may resolve any claim you have with us relating to, arising out of, or in any way in connection with our Terms, us, or our Services in a court of competent jurisdiction.
These Terms constitute the entire and exclusive understanding and agreement between CBTL and you regarding the Services, and any Content, and these Terms supersede and replace any and all prior oral or written understandings or agreements between CBTL and you regarding the Services, and any Content. If any provision of these Terms is held invalid or unenforceable (either by an arbitrator appointed pursuant to the terms of the Arbitration Agreement or by a court of competent jurisdiction), then that provision will be enforced to the maximum extent permissible and the other provisions of these Terms will remain in full force and effect. You may not assign or transfer these Terms, by operation of law or otherwise, without our prior written consent. Any attempt by you to assign or transfer these Terms, without such consent, will be null and void. We may freely assign or transfer these Terms without restriction. Subject to the foregoing, these Terms will bind and insure to the benefit of the parties, their successors and permitted assigns.
Any notices or other communications provided by us under these Terms, including those regarding modifications to these Terms, will be given by posting to the Site or in the Base App, and/or through other electronic communication. You agree and consent to receive electronically all communications, agreements, documents, notices and disclosures (collectively, “Communications”) that we provide in connection with your use of the Services.
These Terms and any action related thereto will be governed by the laws of the state of California in the United States, without regard to California's conflict of laws provisions.
Our failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of CBTL. Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise.
These Terms are written in English (U.S.). Any translated version is provided solely for your convenience. To the extent any translated version of our Terms conflicts with the English version, the English version controls.
If you have any questions about these Terms or the Services, please visit https://help.coinbase.com/en/contact-us.
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Disputes Defined. "Disputes" are defined as any dispute, claim, or disagreement arising out of relating in any way to our relationship with you, the Services, the Site, any Communications you receive, any products or services sold or distributed through the Site, or these Terms. The term "Disputes" is intended to be interpreted broadly. The provisions below describe which Disputes belong in arbitration, small claims court, or a court of general jurisdiction.
Pre-Filing Formal Complaint Requirement. Before an arbitration demand or small claims action is filed, you and we agree to exhaust the Formal Complaint Process.
Arbitration Agreement. Except where prohibited by law, you and we agree to arbitrate all Disputes in binding arbitration except for the following types of Disputes:
Arbitration Procedure. You and we agree that arbitration under this Arbitration Agreement will, depending on the circumstance, be administered by the American Arbitration Association ("AAA") subject to the AAA's Consumer Arbitration Rules then in effect, except as modified by this Arbitration Agreement. If the AAA is unable or unwilling to administer the arbitration consistent with the Arbitration Agreement, or if the Dispute is part of a Batch Arbitration, you and we agree that JAMS will administer the arbitration subject to the JAMS Rules and Procedures then in effect, including any Mass Arbitration Procedures and Guidelines applicable to the Dispute, except as modified by this Arbitration Agreement. You and we agree that if JAMS is unable or unwilling to administer the arbitration consistent with the Arbitration Agreement, and the parties cannot agree on an alternative provider that will do so, then you or we may petition a court of competent jurisdiction to appoint an administrator that will do so. The AAA and JAMS rules are available at https://adr.org/Rules and https://www.jamsadr.com/adr-rules-procedures/. You and we agree that these Terms evidence a transaction involving interstate commerce and notwithstanding any other provision with respect to the applicable substantive law, the Federal Arbitration Act, 9 U.S.C. ยง 1 et seq. and federal arbitration law (not state arbitration law) will govern any proceedings regarding enforcement of this Arbitration Agreement. Any applicable limitations periods (including statutes of limitations) shall apply in arbitration like in court. You and we agree that an arbitral award shall have no preclusive effect in any other proceeding involving other Users. You and we (and your and our counsel, if represented) agree to work together in good faith to ensure that arbitration remains efficient and cost-effective for all parties. The arbitrator shall have the authority to award sanctions against parties and their counsel consistent with the standard set forth in Federal Rule of Civil Procedure 11.
Severability. You and we agree to sever arbitrable Disputes (which shall be resolved in arbitration) from Disputes that are not arbitrable (which shall be resolved in court); you and we also agree that if any provision of this Arbitration Agreement is found unenforceable, then that portion of the Arbitration Agreement shall be severed and the remainder of the Arbitration Agreement shall continue to control. Notwithstanding the foregoing, if the "Batch Arbitration" provision would otherwise apply to the Dispute, but a court of competent jurisdiction determines that the "Batch Arbitration" provision is unenforceable as to the Dispute or a portion of the Dispute (and all appeals have been exhausted or the ruling is otherwise final) or JAMS or a JAMS arbitrator refuses to apply all of the provisions of the Batch Arbitration provision as written, then the affected Dispute or portion of the Dispute cannot proceed in arbitration and may proceed in a court of competent jurisdiction consistent with the other provisions of these Terms unless the parties agree otherwise in writing.
Confidentiality. You and we agree that any information exchanged between us in an arbitration may be used solely for that arbitration. You and we agree that we may not, for example, use information you or we obtained from the other party in one arbitration proceeding in another arbitration proceeding. You and we also agree to keep any information exchanged between us in any arbitration proceeding confidential between us, you, your and our attorneys, and the arbitrator. To the extent additional persons require access to information exchanged for purposes of the arbitration, you and we agree to negotiate in good faith for the entry of a protective order that will impose similar confidentiality obligations.
Arbitrator Appointment. Any arbitrator appointed under the Arbitration Agreement will be selected by the parties from the AAA or JAMS's roster of arbitrators. If the matter is proceeding before JAMS, then you and we agree that the arbitrator shall be appointed in accordance with JAMS's strike and rank process set forth in Rule 15 of the Comprehensive Arbitration Rules & Procedures. If the matter is proceeding before AAA, you and we agree that the arbitrator will be appointed through a strike and rank process consistent with the approach taken by JAMS in Rule 15 of the Comprehensive Arbitration Rules & Procedures.
Attorneys' Fees and Costs. The parties shall bear their own attorneys' fees and costs in arbitration unless the arbitrator finds that either the substance of the Dispute or the relief sought in the Dispute was frivolous or was brought for an improper purpose (as measured by the standards set forth in Federal Rule of Civil Procedure 11(b)). If you or Coinbase need to invoke the authority of a court of competent jurisdiction to compel arbitration, then the party that obtains an order compelling arbitration in such action shall have the right to collect from the other party its reasonable costs, necessary disbursements, and reasonable attorneys' fees incurred in securing an order compelling arbitration. The prevailing party in any court action relating to whether either party has satisfied any condition precedent to arbitration, including the Formal Complaint Process, is entitled to recover their reasonable costs, necessary disbursements, and reasonable attorneys' fees and costs.
Waiver of Class, Collective, Representative, Mass Actions, and Other Non-Individualized Relief. >Waiver of Class, Collective, Representative, Mass Actions, and Other Non-Individualized Relief. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, YOU AND COINBASE AGREE THAT, EXCEPT AS SPECIFIED IN THE BATCH ARBITRATION PROVISION SET FORTH BELOW, EACH OF US MAY BRING CLAIMS AGAINST THE OTHER ONLY ON AN INDIVIDUAL BASIS AND NOT ON A CLASS, REPRESENTATIVE, OR COLLECTIVE BASIS, AND THE PARTIES HEREBY WAIVE ALL RIGHTS TO HAVE ANY DISPUTE BE BROUGHT, HEARD, ADMINISTERED, RESOLVED, LITIGATED, OR ARBITRATED ON A CLASS, COLLECTIVE, REPRESENTATIVE, OR MASS ACTION (SUCH AS A MASS ARBITRATION) BASIS. ONLY INDIVIDUAL RELIEF IS AVAILABLE, AND DISPUTES OF MORE THAN ONE CUSTOMER OR USER CANNOT BE ARBITRATED, LITIGATED, OR CONSOLIDATED WITH THOSE OF ANY OTHER CUSTOMER OR USER. Subject to this Arbitration Agreement, the arbitrator may award declaratory or injunctive relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by the party's individual claim. Notwithstanding anything to the contrary in this Arbitration Agreement, if a court decides by means of a final decision, not subject to any further appeal or recourse, that the limitations of this provision entitled "Waiver of Class, Collective, Representative, Mass Actions and Other Non-Individualized Relief," are invalid or unenforceable as to a particular claim or request for relief (such as a request for public injunctive relief), you and Coinbase agree that that particular claim or request for relief (and only that particular claim or request for relief) shall be severed from the arbitration and may be litigated in a court of competent jurisdiction consistent with the other terms of these Terms. This provision does not prevent you or Coinbase from participating in a class-wide settlement of claims.
Batch Arbitration. You and we agree to abide by this Batch Arbitration provision in the event that: (a) there are twenty-five (25) or more individual arbitration demands of substantially similar nature filed by us against you and other customers or by you and others against us and (b) such arbitration demands are filed with the assistance of the same law firm, group of law firms, or organizations. You and we agree that arbitration demands will not be deemed "substantially similar" if they involve claims seeking relief in connection with alleged losses of assets arising from different facts and circumstances. Arbitration demands that trigger the application of this Batch Arbitration provision can be administered in arbitration only pursuant to the provisions of this Batch Arbitration Provision. See Severability, above.
Modification. If we make any updates to the Arbitration Agreement, we will make the updated terms available to you by publishing them on the Site. Your continued use of the Site and/or Services, including the acceptance of products and services offered on the Site following the posting of changes to this Arbitration Agreement constitutes your acceptance of any such changes.
Severability. If any provision of this Arbitration Agreement shall be determined to be invalid or unenforceable under any rule, law, or regulation of any local, state, or federal government agency, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of this Arbitration Agreement shall not be affected.
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USDC IS NOT LEGAL TENDER. CBTL IS NOT A DEPOSITORY INSTITUTION, AND NONE OF THE BASE APP, YOUR BASE ACCOUNT, YOUR EOA, OR YOUR SMART WALLET IS A DEPOSIT ACCOUNT.
Eligibility requirements may vary depending on where you are located. If you are eligible, you can activate rewards for holding USDC in your Base App by opting in. So long as you (a) hold at least $1 of USDC in the Base App, (b) are opted in, and (c) periodically use the Base App to complete an Onchain Transaction, you will automatically earn amounts of USDC as described below in the "Calculation" section (“USDC Rewards”). If at any time you do not hold at least $1 of USDC in your Base App, or you fail to complete at least one Onchain Transaction using the Base App for a prolonged period of time (as determined by Coinbase in its sole discretion), your enrollment in USDC Rewards will be paused until such time that you do hold at least $1 of USDC in your Base App and complete an Onchain Transaction using the Base App. During such period you will retain all USDC Rewards previously accrued but not yet distributed. Such accrued rewards will be distributed as described below in the "Calculation" section. If at any time you are deemed ineligible, your enrollment in USDC Rewards will be similarly paused. If you opt-out of USDC Rewards, you will forfeit the rewards you have accrued (that are not yet distributed for the current calendar month) up to that time. Annual USDC Rewards per wallet address limited to $50,000 USDC.
Rewards are earned on a daily basis in the form of USDC at the then current USDC Rewards Rate. Our current USDC Rewards Annual Percentage Yield, which includes the effect of monthly compounding, can vary depending on your country and ongoing experimentation. If available in your location, you can view rates within the app or website. Rewards earned in a particular month are sent to your Base App within five (5) business days after the start of the next calendar month. USDC Rewards distributed to you are rounded-down to the nearest sixth decimal place. We use the Daily Balance Method to determine the rewards you earn for a particular day, using your average balance of USDC on that specific day as that day's balance. The rate used to determine rewards earned for a particular day is the then current USDC Rewards Rate divided by 365.
We reserve the right to change the USDC Rewards Rate Annual Percentage Yield at any time by reasonable means of notice (including but not limited to in-app notifications). Unless otherwise stated in the notice, no change will be effective until the first day of the calendar month after such notice is made. We reserve the right to add, change, or delete any provision of these terms and to terminate the USDC rewards program, or your participation in the program, at any time upon notice made in the same manner.
“USDC Rewards Rate” means the annual rate of rewards earned on USDC held in your Base App, which does not reflect compounding.
“USDC Rewards Annual Percentage Yield” or “APY” means the percentage rate reflecting the total amount of USDC Rewards earned, based on the then current USDC Rewards Rate and end of month compounding for a 365-day period.
“Daily Balance Method” means the application of the daily periodic rate (derived from the APY) to the calendar day average of USDC held in your Base App each day.
“Onchain Transaction” means an action that modifies the state of an applicable blockchain and requires a computational cost (i.e., gas) to execute, such as sending crypto to a recipient wallet address or minting an NFT.