Legal

Risk Disclosure

Paying with crypto-assets carries real risk. Please read this disclosure before you add funds to a Rupto wallet. If anything here is not acceptable to you, do not use Rupto.

Last updated · 21 May 2026

Crypto-assets are volatile and are not legal tender in India. Their value can fall sharply, and you could lose money. Never transact with more than you can afford to lose.
01

Price volatility

The rupee value of USDT and other crypto-assets can change quickly. USDT aims to track the US dollar, but that peg is not guaranteed and has moved away from one dollar in the past.

02

Not legal tender

Crypto-assets are not issued, backed, or guaranteed by the Reserve Bank of India or the Government of India. No authority guarantees their value, or that you will be able to convert them into rupees.

03

Regulatory risk

The law and policy for virtual digital assets in India continue to evolve. Future changes — to regulation, taxation, or banking access — could restrict or affect how you use Rupto, and may take effect at short notice.

04

Irreversible transactions

Blockchain transfers and completed UPI payments cannot be reversed. Sending funds to a wrong address, on a wrong or unsupported network, or to an incorrect UPI ID can cause permanent and unrecoverable loss.

Always check the network, the address, the payee, and the amount before you confirm. Rupto cannot recover funds sent in error.
05

Counterparty and settlement risk

Payments are completed by independent settlement partners. On-chain escrow is designed to protect you from partner default, but the time a settlement takes depends on partners, banks, and networks, and can be delayed beyond the typical few minutes.

06

Technology risk

Software, smart contracts, blockchains, and internet infrastructure can fail, contain defects, or be attacked. Network congestion can delay deposits, payments, and withdrawals.

07

Security risk

Your account can be targeted by phishing, SIM-swap attacks, malware, and social engineering. Protect your email, OTPs, and devices. Rupto staff will never ask you for your password or an OTP.

08

Liquidity risk

At busy times, or for unusual amounts, a settlement partner may not be available at the rate or speed you expect.

09

Tax risk

Transactions in virtual digital assets carry tax consequences in India, including TDS and tax on gains. Meeting your tax obligations is your responsibility.

10

No advice

Rupto provides a payment tool. Nothing in the app or on this website is investment, legal, or tax advice. Make your own assessment, and seek independent professional advice if you need it.

11

Your acknowledgement

By funding a wallet and using Rupto, you confirm that you have read and understood these risks, that you accept them, and that you use the service at your own discretion and risk.