Digital assets on Wrooms

Legal status is fact-specific

Digital-asset notice. Any wallet, token, stablecoin, digital collectible or NFT, staking, exchange, transfer, marketplace, on-ramp, off-ramp, or blockchain feature made available through Wrooms is subject to its actual functionality, provider, network, transaction, jurisdiction, and applicable law. Product descriptions do not determine whether Wrooms or a third party is acting as a broker, exchange, custodian, money transmitter, securities intermediary, commodities intermediary, financial institution, fiduciary, payment service, or other regulated person. Wrooms may require identity or sanctions screening, restrict jurisdictions or counterparties, pause or reject activity, require additional information, comply with lawful process, or disable a feature where reasonably necessary for law, safety, fraud prevention, or platform integrity. Nothing on Wrooms is investment, legal, accounting, tax, or fiduciary advice.

Wallets, custody, and keys

Wallet and key notice. Wrooms does not ask you to post an external-wallet seed phrase, recovery phrase, or private key in a room, AI prompt, or public page. Connected wallets, blockchain networks, and wallet providers can use different custody and recovery models and are subject to their own terms. Where Wrooms offers a wallet or signing feature, the applicable product flow describes how credentials or key material are handled. You are responsible for protecting secrets and verifying the destination, network, asset, and transaction before approval. Anyone who obtains a private key or recovery phrase may be able to control the associated assets, and recovery may be impossible.

A public wallet address is not secret. A private key, seed phrase, recovery phrase, password, or signing credential is secret. Never post one in a room, AI prompt, public page, support message, or social post.

Principal risks

• Digital assets can be volatile, illiquid, unavailable, delayed, restricted, frozen, or lose all value. A displayed price, quote, floor, reward rate, or valuation is not a guarantee of value, execution, liquidity, or future performance.
• Blockchain and wallet transactions can be irreversible. A wrong address, compromised key, phishing event, unsupported network, smart-contract defect, bridge failure, chain reorganization, validator or RPC outage, or third-party wallet failure can cause delay or permanent loss.
• Stablecoins can depeg, freeze, restrict redemption, change terms, or fail. Wrapped, bridged, or tokenized representations add protocol, reserve, bridge, issuer, and counterparty risks in addition to the underlying asset risk.
• Staking, rewards, pools, swaps, listings, marketplace activity, and similar features are not bank deposits and do not promise interest or profit. Rewards, fees, eligibility, lockups, liquidity, and availability can change. Unless expressly stated for a specific regulated product, digital assets are not FDIC- or SIPC-insured.
• Public blockchain records can expose wallet addresses, transaction identifiers, amounts, assets, timing, and relationships between addresses. Public ledger entries may be permanent and may not be deletable when you close a Wrooms account.
• Digital-asset activity can create tax, recordkeeping, reporting, licensing, or other legal obligations. You are responsible for your own obligations except where applicable law assigns a specific duty to Wrooms or a third-party provider.
• Laws, sanctions programs, provider rules, and regulatory interpretations can change. Wrooms may restrict, suspend, geofence, delist, refuse, or require additional verification for a feature or transaction to comply with applicable law, lawful requests, safety requirements, or provider restrictions.

Public blockchains and external networks

Blockchain networks and decentralized protocols can be operated independently from Wrooms. Public records can persist after account deletion, and network state, confirmations, forks, fees, congestion, validators, smart contracts, bridges, issuers, RPC providers, and wallet providers can affect a transaction in ways Wrooms cannot control.

No advice or guaranteed market

Wrooms AI, displayed prices, market data, reward information, and other product information are not personalized investment, legal, tax, accounting, or fiduciary advice. Wrooms does not promise an exchange listing, continuous liquidity, a particular resale market, a return, yield, price floor, or future value.

Related terms

The Wrooms User Agreement, Terms of Use, Privacy Policy, and Trust & Compliance apply as relevant.