This document sets out the terms and conditions of the facility offered by Wallet of Satoshi.

1. General Terms

a) Availability of this disclosure document

The latest version of this disclosure document is published at www.walletofsatoshi.com/disclosure.html

A link to this document is provided on the website, and on the mobile app upon first usage.

b) Variance of Terms and Conditions

All Terms and Conditions may be varied at any time by the issuer. A statement setting out the effect of the variation or change will be displayed at www.walletofsatoshi.com/disclosure-changes.html

c) Expiry Date of benefits

No expiry date applies to any benefits of the normal operation of this facility.

2. Payments

a) Mistaken and Unauthorised transactions

All payments are final.

If a mistaken or unauthorised transaction occurs, you will need to contact the payee directly to recover the funds. We accept no liability for mistaken or unauthorised payments.

3. Refunds

a) AUD Refunds

Refunds of overpayments in AUD will be made in AUD to your nominated Australian bank account.

b) Refunds to email or cryptocurrency address owner

Refunds can be made to:

  1. the owner of the email address originally supplied in the payment
  2. the owner of the sending cryptocurrency address. Proof of ownership of the sending cryptocurrency address is required, e.g. by providing a cryptographically signed message from the cryptocurrency address proving ownership (we can help you with this).

4. Customer Credit

a) Limit of $1000 or equivalent

Topping up a Wallet of Satoshi is restricted to a maximum total of $1000 AUD. Bitcoin and Lightning balances are also included in this total. If you attempt to credit your wallet with more than $1000 AUD equivalent, you will need to contact support@walletofsatoshi.com to get a refund.

b) Viewing transactions

At any time, you can refer to the transaction history section of the website or mobile app to see the record of at least your last 10 transactions.

5. Fees and Charges

a) Fee for AUD credits

There is a fee of 4.9% + GST on AUD top ups.

b) Fee for BTC credits

There is a fee of 0.3% on BTC top ups.

c) Fee for receiving Lightning payments

There is no fee to receive Lightning payments.

d) Fee for sending Lightning payments

There may be a variable routing fee applied when sending Lightning payments. This fee is passed on to Lightning nodes routing the payment, and is not retained by Wallet of Satoshi.

e) Variance of fees or charges

Fees and charges are subject to change during the life of this facility. If fees or charges change, information about changes to fees and charges will be made available in our disclosure document.