Last Updated: December 18, 2025
These terms and conditions of use, together with any documents and/or additional terms they expressly incorporate by reference, constitute a contract (the “Terms of Use”) between you and FlyingFox Blockchain Solutions Ltd, a corporation existing under the laws of Alberta (Canada) and its affiliates (collectively, “FlyingFox“, “we”, “us,” “our,” or the “Company”).
PLEASE READ THIS DOCUMENT CAREFULLY. IT CONSTITUTES A LEGAL AGREEMENT BETWEEN YOU AND FlyingFox.
FlyingFox is registered as a Money Services Business (“MSB”) in Canada with the Financial Transactions and Reports Analysis Centre of Canada (“FINTRAC”) to carry on virtual currency exchange dealings (the “Services”), with a registration number of C100000650 .
By using the website at https://flyingfox.io/ (the “Website”) or any of our Services, you agree that you have read, understood, and accept all of the terms and conditions contained in these Terms of Use. If you do not agree to any part of these Terms of Use, you may not use the Website and our Services.
As an MSB, we may work with licensed payment service, remittance, or e-money service providers (the “PSPs”). When you provide your information to FlyingFox, such information may be shared, as required, with the respective PSPs in the markets for which you are undertaking a transaction and such PSPs shall have an independent right to your personal information. Please read our Privacy Policy for further details on the collection, disclosure and use of your information.
Please note that FlyingFox is not a bank. FlyingFox does not represent, and cannot guarantee, that your funds are or will be insured with the Canada Deposit Insurance Corporation or any similar crown corporation or body.
Users of this Website and the Services are responsible for observing all applicable laws and regulations in their relevant jurisdictions before proceeding to access the information contained herein. The information provided in or accessible through the Website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject FlyingFox to any registration or other requirement within such jurisdiction or country which FlyingFox does not currently have. FlyingFox reserves the right to limit access to the Website to any person, geographic region or jurisdiction. By proceeding to access the information or Services, you are deemed to have represented and warranted that the applicable laws and regulations of your relevant jurisdiction allow you to do so.
FlyingFox DOES NOT TAKE CUSTODY OF, HOLD, OR CONTROL YOUR VIRTUAL CURRENCY AT ANY TIME. FlyingFox operates as a non-custodial service provider that facilitates transactions between your traditional financial accounts and your self-custodial virtual currency wallet. Transactions are executed directly between your bank/payment account and your self-custodial virtual currency wallet.
You are solely responsible for securing your virtual currency, as well as your wallet, private keys, and seed phrases. FlyingFox cannot access, recover, or reverse transactions involving your wallet. Once virtual currency is delivered to your wallet, FlyingFox has no control over or responsibility for those assets. Fiat payments are considered final once FlyingFox receives confirmation of irrevocable settlement from its banking or payment provider. If your payment is reversed, disputed, or recalled after settlement, you agree to reimburse FlyingFox immediately for any amounts advanced. You are solely responsible for determining and fulfilling any tax obligations arising from your transactions.
You consent to receive all communications electronically, including disclosures, receipts, and compliance notices. You represent and warrant that you exclusively control the destination wallet address you provide and that you are not sending to a custodial wallet belonging to someone else.
NONE OF THE INFORMATION CONTAINED ON THIS WEBSITE CONSTITUTES A RECOMMENDATION, SOLICITATION OR OFFER BY FlyingFox TO BUY OR SELL ANY SECURITIES, FUTURES, OPTIONS OR OTHER FINANCIAL INSTRUMENTS OR PROVIDE ANY INVESTMENT, TAX OR LEGAL ADVICE OR SERVICE.
Nothing on the Website is, or should be relied on as, a promise or representation as to the future. The Website may contain views, estimates, opinions, predictions or other forward-looking statements, which may reflect the views of FlyingFox or any of its affiliates with respect to, among other things, FlyingFox’s operation, the performance of a virtual currency or the virtual currency market. Users may identify forward-looking statements by the use of words such as “believe”, “expect”, “potential”, “continue”, “may”, “will”, “should”, “seek”, “approximately”, “predict”, “intend”, “plan”, “estimate”, “anticipate” or other comparable words. These forward-looking statements are subject to various risks, uncertainties and assumptions. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these potential statements. Should any assumptions underlying potential forward-looking statements contained on the Website prove to be incorrect, the actual outcome or results may differ materially from outcomes or results projected in these statements. Neither FlyingFox nor any of its affiliates undertakes any obligation to update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by applicable law or regulation.
Pricing and other information generated through the use of the Website which may be made available herein may not reflect actual prices or values that may be available to you in the market at the time generated or at the time you may want to purchase or sell a particular virtual currency with us.
By using the Services, you acknowledge and accept the following risks inherent with virtual currency transactions:
You are prohibited from attempting to circumvent and from violating the security of this Website, including, without limitation:
All fees applicable to a transaction will be displayed to you before you confirm such transaction.
By proceeding with a transaction, you acknowledge and agree to pay the displayed fees, spreads, and any applicable third-party processing costs, including but not limited to blockchain network fees (gas fees), payment processing fees, and bank transfer charges.
FlyingFox reserves the right to modify, update, or change its fee structure at any time without prior notice. Updated fees will be displayed to you at the time of your transaction. It is your responsibility to review the fees before confirming any transaction. You acknowledge that fees may vary based on transaction type, volume, payment method, currency pair, market conditions, and other factors as determined by FlyingFox in its sole discretion.
FlyingFox relies on aggregated third-party information sources and does not guarantee that the exchange rates match any particular benchmark source at any given time.
Notwithstanding anything to the contrary, we reserve the right at our sole discretion to refuse a transaction (including but not limited to: restricting the creation of a new transaction as well as cancelling a transaction already in process). For transactions refused by us, we will notify you as promptly as we reasonably can, provide a reason where it is possible to, and arrange for a refund where applicable. More specifically, the exchange rate may change between the time of posting a transaction and when we receive your money.
As a condition of your access and use to the Website and Services, you agree that you may use the Website and Services only for lawful purposes and in accordance with these Terms of Use. You also warrant that you are at least 18 years of age.
To use our Services, you may be required to create an account, provide personal information, complete identity verification (KYC) steps, and undergo ongoing compliance checks (AML/ATF requirements). You consent to our use of third-party service providers for these functions. We reserve the right to approve or deny any account, request additional information; and/or suspend or terminate accounts for compliance reasons.
Without limiting the foregoing, you warrant and agree that your use of the Website and any Services we offer shall not:
For your convenience, the Website may provide links or pointers to third-party sites. We make no representations about any other websites that may be accessed from this Website. If you choose to access any such sites, you do so at your own risk. We have no control over the contents of any such third-party sites and accept no responsibility for such sites or for any loss or damage that may arise from your use of them. You are subject to any terms and conditions of such third-party sites. Such links to third-party sites from the Website may include links to certain social media features that enable you to link or transmit on your own or using certain third-party websites, certain content from this Website. You may only use these features when they are provided by us and solely with respect to the content identified.
YOU UNDERSTAND AND AGREE THAT YOUR USE OF THE WEBSITE, ITS CONTENT, AND ANY SERVICES OR ITEMS FOUND OR ATTAINED THROUGH THE WEBSITE IS AT YOUR OWN RISK. THE WEBSITE, ITS CONTENT, AND ANY SERVICES OR ITEMS FOUND OR ATTAINED THROUGH THE WEBSITE ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT ANY WARRANTIES OR CONDITIONS OF ANY KIND, EITHER EXPRESS OR IMPLIED INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. THE FOREGOING DOES NOT AFFECT ANY WARRANTIES THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.
NEITHER THE COMPANY NOR ITS PARENT, SUBSIDIARIES, AFFILIATES, OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, SERVICE PROVIDERS, CONTRACTORS, LICENSORS, LICENSEES, SUPPLIERS, OR SUCCESSORS MAKE ANY WARRANTY, REPRESENTATION, OR ENDORSEMENT WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, SUITABILITY, ACCURACY, CURRENCY, OR AVAILABILITY OF THE WEBSITE OR ITS CONTENTS, OR THE SERVICES. WITHOUT LIMITING THE FOREGOING, NEITHER THE COMPANY NOR ITS PARENT, SUBSIDIARIES, AFFILIATES OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, SERVICE PROVIDERS, CONTRACTORS, LICENSORS, LICENSEES, SUPPLIERS, OR SUCCESSORS REPRESENT OR WARRANT THAT THE WEBSITE, ITS CONTENT, OR ANY SERVICES OR ITEMS FOUND OR ATTAINED THROUGH THE WEBSITE WILL BE ACCURATE, RELIABLE, ERROR-FREE, OR UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, THAT OUR WEBSITE OR THE SERVER THAT MAKES IT AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.
WE CANNOT AND DO NOT GUARANTEE OR WARRANT THAT FILES OR DATA AVAILABLE FOR DOWNLOADING FROM THE INTERNET OR THE WEBSITE WILL BE FREE OF VIRUSES OR OTHER DESTRUCTIVE CODE. YOU ARE SOLELY AND ENTIRELY RESPONSIBLE FOR YOUR USE OF THE WEBSITE AND YOUR COMPUTER, INTERNET, AND DATA SECURITY. TO THE FULLEST EXTENT PROVIDED BY LAW, WE WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY DENIAL-OF-SERVICE ATTACK, DISTRIBUTED DENIAL-OF-SERVICE ATTACK, OVERLOADING, FLOODING, MAILBOMBING, OR CRASHING, VIRUSES, TROJAN HORSES, WORMS, LOGIC BOMBS, OR OTHER TECHNOLOGICALLY HARMFUL MATERIAL THAT MAY INFECT YOUR COMPUTER EQUIPMENT, COMPUTER PROGRAMS, DATA, OR OTHER PROPRIETARY MATERIAL DUE TO YOUR USE OF THE WEBSITE OR ANY SERVICES OR ITEMS FOUND OR ATTAINED THROUGH THE WEBSITE OR TO YOUR DOWNLOADING OF ANY MATERIAL POSTED ON IT, OR ON ANY WEBSITE LINKED TO IT.
EXCEPT WHERE SUCH EXCLUSIONS ARE PROHIBITED BY LAW, UNDER NO CIRCUMSTANCE WILL THE COMPANY NOR ITS PARENT, SUBSIDIARIES, AFFILIATES OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, SERVICE PROVIDERS, CONTRACTORS, LICENSORS, LICENSEES, SUPPLIERS, OR SUCCESSORS BE LIABLE FOR NEGLIGENCE, GROSS NEGLIGENCE, NEGLIGENT MISREPRESENTATION, FUNDAMENTAL BREACH, DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING, BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, LOSS OF VIRTUAL CURRENCY, LOSS OF FUNDS DUE TO INCORRECT WALLET ADDRESSES, TRANSACTION ERRORS ON THE BLOCKCHAIN, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT, BREACH OF PRIVACY, OR OTHERWISE, EVEN IF THE COMPANY WAS ALLEGEDLY ADVISED OR HAD REASON TO KNOW, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, OR RELIANCE ON, THE WEBSITE, ANY LINKED WEBSITES OR OTHER THIRD-PARTY WEBSITES, NOR ANY WEBSITE CONTENT, MATERIALS, POSTING, OR INFORMATION THEREON EVEN IF THE COMPANY WAS ALLEGEDLY ADVISED OR HAD REASON TO KNOW.
EXCEPT WHERE SUCH EXCLUSIONS ARE PROHIBITED BY LAW, IN NO EVENT SHALL COMPANY’S AGGREGATE LIABILITY FOR ALL CLAIMS, WHETHER ARISING OUT OF OR RELATED TO THESE TERMS OF USE OR RELATED TO BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), OR OTHERWISE, EXCEED THE AMOUNT OF FEES PAID BY YOU TO THE COMPANY FOR THE SPECIFIC TRANSACTION GIVING RISE TO THE CLAIM.
To the maximum extent permitted by applicable law, you agree to indemnify and hold harmless FlyingFox, its affiliates and service providers, and each of its or their respective officers, directors, agents, joint venturers, employees and representatives, from any loss, damage, cost, action, claim or demand (including attorneys’ fees and any fines, fees or penalties imposed by any regulatory authority) arising out of or related to your breach of these Terms of Use; your use of, or conduct in connection with the Website or the Services; your violation of any law, rule or regulation, or the rights of any third party; or any chargebacks, recalls, or reversals of fiat funds after any virtual currency has been delivered to you. You further agree that FlyingFox has the right to set off any amounts owed by you to FlyingFox, including without limitation amounts arising from chargebacks, recalls, or reversals, against any amounts FlyingFox owes to you.
We may change these Terms of Use from time to time in our absolute and sole discretion. If we make material changes to these Terms of Use, we will provide notice to you by doing some or all of the following:
Any and all such modifications are effective immediately upon posting, or, if required by applicable law, upon your acceptance of the amended Terms of Use or receipt of email notification and apply to all access to and continued use of the Website and Services. You agree to periodically review the Terms of Use in order to be aware of any such modifications. If you do not agree with any such modification, your sole and exclusive remedy is to terminate your use of the Website and Services. If you do not terminate your use of the Website or Services, your continued access to or use of the Website or Services will be deemed to constitute acceptance of such revised Terms of Use.
These Terms of Use, together with our Privacy Policy, comprise the entire understanding and agreement between you and FlyingFox as to the subject matter hereof, and supersedes any and all prior discussions, agreements and understandings of any kind (including without limitation any prior versions of these Terms of Use), and every nature between and among you and FlyingFox.
Section headings in these Terms of Use are for convenience only and shall not govern the meaning or interpretation of any provision of these Terms of Use.
You may not assign any rights and/or licenses granted under these Terms of Use. We reserve the right to assign our rights without restriction, including without limitation to any FlyingFox affiliates or subsidiaries, or to any successor in interest of any business associated with the Website and Services. Any attempted transfer or assignment in violation hereof shall be null and void. Subject to the foregoing, these Terms of Use will bind and inure to the benefit of the parties, their successors and permitted assigns.
Should FlyingFox be acquired by or merged with a third-party entity, we reserve the right, in any of these circumstances, to transfer or assign the information we have collected from you as part of such merger, acquisition, sale, or other change of control.
All provisions of these Terms of Use which by their nature extend beyond the expiration or termination of these Terms of Use shall survive the termination or expiration of these Terms of Use.
This Agreement shall be interpreted and construed in accordance with the laws of the Province of Alberta and the federal laws of Canada applicable therein.
If you have a dispute with FlyingFox arising under these Terms of Use, we will attempt to resolve such dispute through our support team. If we cannot resolve the dispute through our support team within 30 days of your notice to FlyingFox regarding the dispute, then the determination of the dispute shall be settled solely and exclusively by final and conclusive binding arbitration in the City of Calgary, Province of Alberta, administered by JAMS. Such arbitration shall be conducted in accordance with the then prevailing JAMS Streamlined Arbitration Rules & Procedures, with the following exceptions to such rules if in conflict: (a) one arbitrator shall be chosen by JAMS; (b) each party to the arbitration will pay an equal share of the expenses and fees of the arbitrator, together with other expenses of the arbitration incurred or approved by the arbitrator; (c) each party shall be entitled to participate in the arbitration by video conference or teleconference; and (d) arbitration may proceed in the absence of any party if written notice (pursuant to the JAMS’ rules and regulations) of the proceedings has been given to such party.
Where applicable, both you and FlyingFox agree to bring any dispute in arbitration on an individual basis only, and not on a class or collective basis on behalf of others. Where applicable, there will be no right or authority for any dispute to be brought, heard or arbitrated as a class or collective action, or as a member in any such class or collective proceeding (the “Class Action Waiver”). Notwithstanding any other provision of these Terms of Use or the applicable arbitration rules, where applicable, disputes regarding the enforceability, revocability, scope, or validity or breach of the Class Action Waiver may be resolved only by a civil court of competent jurisdiction and not by an arbitrator. In any case in which (1) the dispute is filed as a class or collective action and (2) there is a final judicial determination that all or part of the Class Action Waiver is unenforceable, the class or collective action to that extent must be litigated in a civil court of competent jurisdiction, but the portion of the Class Action Waiver that is enforceable shall be enforced in arbitration. You and FlyingFox agree that you will not be retaliated against, disciplined or threatened with discipline as a result of your filing or participating in a class or collective action in any forum. However, we may lawfully seek enforcement of the arbitration clause set out above and the Class Action Waiver under the applicable law and seek dismissal of such class or collective actions or claims.
If for any reason the arbitration clause set out above is not applicable, then each party, (i) to the fullest extent permitted by applicable law, hereby irrevocably waives all right to trial by jury in relation to any issue relating to these Terms of Use or any other matter involving the parties, and (ii) submits to the exclusive jurisdiction and venue of the courts located in the city of Calgary, province of Alberta.
These Terms of Use do not hinder the rights of either party to seek injunctive relief in order to limit immediate, serious and irreparable injury.
We shall not be liable for delays, failure in performance or interruption of service which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to, any delay or failure due to any act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or internet services or network provider services, failure of equipment and/or software, other catastrophe or any other occurrence which is beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions.
No failure to exercise, or delay in exercising, any right, remedy, power, or privilege arising from these Terms of Use operates, or may be construed, as a waiver thereof. No single or partial exercise of any right, remedy, power, or privilege hereunder precludes any other or further exercise thereof or the exercise of any other right, remedy, power, or privilege.
These Terms of Use shall not be construed to waive rights that cannot be waived under applicable local, provincial, state and federal laws where you are located.
To file a complaint, obtain information about our policies and practices, or if you have questions or comments about these Terms of Use, please contact us by email at support@flyingfox.io.