Telegram has published Grams Wallet rules for use, what do you need to know?

Telegram representatives unveiled the provisions governing the use of the Grams Wallet crypto-wallet. It is known that he will interact with TON, however, he will not control the blockchain platform.

Grams Wallet will be available in the messenger, as well as as an independent application. Use the service will be able to persons over 18 years of age. Access is denied to persons and states that have any sanctions. If you lose access to your account, Grams Wallet representatives will not be able to restore it – the service does not collect sensitive data such as passwords, public, private keys, or reserve phrases.

The company is exempted from liability for damage incurred by users, the amount of which exceeds $ 10, it has the right at any time, for any reason, to temporarily block the account or completely block it.

All operations will go through a distributed registry, data about them will be recorded there – the company does not guarantee to users that all transactions will be confirmed and verified. Recall that Telegram promised to launch TON before October 31, otherwise investors will be refunded.