You understand and agree that the pending balance shown in your Telegram channel, until requested for withdrawal and successfully transferred, does not constitute funds owned by you and held in deposit or under custody by Telegram on your behalf. These displayed earnings should be considered an indicative amount representing the rewards you may receive pursuant to the provisions set out herein under our revenue sharing model. The Telegram platform is not and does not act as a financial institution or custodian of these funds.
Furthermore, without limiting 4.2., you understand and agree that you are solely responsible for the timely withdrawal of your accrued rewards. We reserve the right to impose an expiration date on your unredeemed rewards at our sole discretion, after which they will be considered forfeit.
-Channel owners and their administrators are solely responsible for safeguarding, handling and withdrawing any rewards earned by their channel from RS. By accepting these terms, you acknowledge that as the channel owner, you bear all responsibility therein, including but not limited to maintaining access to your Telegram account, enabling security features such as Two-Step Verification, using only official Telegram apps and ensuring your devices are free of malware.
For clarity, should you lose access to your account or channel, thereby becoming unable to withdraw any pending balance, that balance is considered forfeit and Telegram will not compensate you for this loss. Similarly, any reward withdrawals are neither reversible nor refundable, including but not limited to instances where you may erroneously withdraw money into an incorrect wallet. You understand that it is your responsibility to ensure that your withdrawals are set for the intended cryptocurrency wallet.
You additionally understand and agree that you alone are responsible for ensuring your continued ability to access your cryptocurrency wallet, and, by extension, any cryptocurrency you own. Neither Telegram nor any other party controls decentralized blockchains, and as such, there exists no mechanism, entity or authority capable of restoring access to your wallets or funds, should you lose access to them for any reason, including but not limited to negligence, malware, technical errors and malicious actors. You must take any necessary steps to safely store the login information, passwords, passphrases and other recovery information related to your wallet, and Telegram will not be liable if you fail to do so, or otherwise lose access to your wallet or funds by any means.