Please read these documents carefully. They govern your use of the Econody Gold platform.
By accessing or using the Econody Gold platform, application, or any associated services (collectively, the "Platform"), you agree to be bound by these Terms of Service. If you do not agree, you must not access or use the Platform.
These Terms constitute a legally binding agreement between you and Econody Gold Exchange Limited, incorporated in Uganda with offices at Plot No. 1112/1121, Kansanga Ggaba Road, Kampala, Uganda.
Econody Gold operates a digital wallet platform enabling users to acquire, hold, and transfer GOLDE tokens — each representing the economic value of one gram of physical gold — hold and transfer USDT balances, and interact with supported Mobile Money services.
You must be at least 18 years of age and possess legal capacity to enter into binding contracts. By creating an account, you represent that you meet these requirements. Econody Gold reserves the right to refuse service at its sole discretion.
GOLDE is a digital token issued by Econody Gold. Each token is backed by one gram of physical gold held in double-insured, institutional-grade vaults. GOLDE is not a security or investment instrument — it is a gold-backed digital representation of value.
You agree to use the Platform only for lawful purposes. You must not engage in fraud, money laundering, terrorist financing, or any illicit financial activity. You are responsible for maintaining the security of your account credentials.
To the maximum extent permitted by law, Econody Gold shall not be liable for indirect, incidental, or consequential damages arising from your use of the Platform, including losses from market fluctuations in gold price. Nothing herein excludes liability for death, personal injury from negligence, or fraud.
These Terms are governed by the laws of Uganda. Disputes are subject to the exclusive jurisdiction of the courts of Uganda, unless otherwise required by applicable law.
We collect personal information including full legal name, date of birth, national identity documents, residential address, email address, telephone number, Mobile Money account information, and transaction history. This is collected when you register, verify your identity, conduct transactions, or communicate with us.
Your information is used to verify your identity; process transactions; comply with AML/KYC legal obligations; and communicate with you about your account. We do not sell or commercially disclose your personal information to third parties except as required by law.
Econody Gold employs industry-standard technical and organisational measures including encryption, access controls, and regular security assessments to protect your personal information against unauthorised access or loss.
We retain your personal information for as long as your account is active and for such additional periods as required by law or necessary to fulfil the purposes described in this Policy.
Subject to applicable law, you may have the right to access, correct, or request deletion of your personal information. Contact us at support@econody.com to exercise these rights.
Econody Gold Exchange Limited maintains a zero-tolerance policy towards money laundering, terrorist financing, and financial crime. We comply fully with applicable AML legislation in Uganda and relevant international standards.
All users are required to complete rigorous identity verification before accessing Platform services, including submission of government-issued identification, proof of address, and where required, source of funds documentation.
All transactions are subject to ongoing monitoring for indicators of suspicious activity. Automated and manual controls identify unusual patterns or activities inconsistent with a user's declared profile.
Where Econody Gold identifies or suspects financial crime, we are legally obligated to report such activity to relevant authorities — without notifying the user where disclosure could compromise an investigation.
Users are strictly prohibited from using the Platform for money laundering, terrorist financing, sanctions violations, fraud, tax evasion, or any illegal activity. Breach will result in immediate account suspension and referral to authorities.
AML enquiries: support@econody.com or Plot No. 1112/1121, Kansanga Ggaba Road, Kampala, Uganda.