Terms
and Condition
Welcome
to Crypto Sustainable Token
(«CST»)
Welcome
PT Transaksi Sistem Digital with the platform
name
(«CST») is a company engaged in
developing web-based applications on the blockchain
network (token),
digital financial transaction services, databases,
computer consulting services, and software trading,
financial technology system development,
and system implementation. CST aims to provide a
trusted, user-friendly, fast, and secure platform for
customers to conduct transactions with confidence.
Furthermore, CST aims to become a community hub for the
crypto world, a media for sharing knowledge and
technical expertise, and to champion new ideas in the
crypto space.
- To become a stabletoken that serves
as a reference for use in the blockchain ecosystem;
- To provide education on the
functions of blockchain or cryptocurrency to the general
public;
- To make the products of the nation
competitive with international products.
- Company Data
Company Name |
PT. Transaksi Sistem Digital |
Business Field |
Blockchain technology development
services |
Product/Service Type |
Blockchain website CST |
Company Address |
Ruko Paramount Pisa Grande Block
C.18, South Tangerang, Banten
|
Phone/Fax Number |
+62 851 7411 1919 |
Email Address |
info@transid.id |
Company Bank |
Bank Central Asia |
Legal Entity Type |
PT |
Deed of Establishment Number |
11 |
Taxpayer Identification Number
(NPWP) |
60.894.854.3-451.000 |
Establishment Date |
06 September 2022 |
- Cryptocurrency trading is a
high-risk activity;
- Cryptocurrency trading has
additional risks not encountered by other commodities in
markets formed based on technology and consensus;
- Be cautious of statements that you
will earn large profits from cryptocurrency trading;
- You must read carefully and
understand, including but not limited to Terms or other
information, before making a Cryptocurrency transaction;
- CST does not guarantee the
long-term viability of the Cryptocurrencies traded or
exchanged on the CST Site/Platform;
- This brief statement cannot provide
a detailed explanation of all risks or other important
aspects of Cryptocurrency Trading. Therefore, you should
carefully study Cryptocurrency Trading activities before
deciding to make a transaction;
- This Risk Disclosure document is
created in the Indonesian language.
I
declare that I have received and read the "RISK
DISCLOSURE DOCUMENT", I understand and agree
with its contents.
- TERMS
AND CONDITIONS OF USE OF CST
SITE
The
Terms and Conditions of Use of the CST Site (hereinafter
referred to as the “Terms and Conditions”) is an
agreement between you (“You” or “User”) and PT TRANSAKSI
SISTEM DIGITAL (“CST” or “We”) that governs how you use
the products, services, technologies, and offerings
provided by CST, including, but not limited to, the
services when you register an account via the website wallet.csttoken.net,
associated sites, (hereinafter referred to as the “CST
Site”). By registering as a User, you declare that you
have READ, UNDERSTOOD, ACCEPTED, AND AGREED to all the
terms and conditions set forth in these Terms and
Conditions and the Privacy Policy as follows:
DEFINITIONS
Unless the context of the sentence dictates otherwise,
the terms or definitions in the Terms and Conditions
have the following meanings:
-
CST Account refers to the account
or access provided to the User to carry
out Crypto Asset Transaction Activities;
-
Crypto Asset refers to a digital
commodity, using cryptography, and
information technology networks, known
as Crypto Sustainable Token (CST);
-
Funds refer to the amount of
money deposited by the User in Rupiah
currency through inter-bank transfers
for Crypto Asset Trading activities
through an exchanger;
-
Wallet refers to the media used
to store Funds or Crypto Assets, either
in the form of coins or tokens;
-
Funds Placement refers to the
process of storing Funds or Crypto
Assets by the User, referring to the
process or mechanism of adding (top up)
carried out through the CST Account;
-
Privacy Policy refers to the
provisions governing how CST collects,
uses, maintains, and discloses
information collected from Users through
the CST Site;
-
Hosted Digital Asset Wallet
refers to a service for tracking,
sending, and managing Crypto Assets on
the CST Site;
-
Services refer to the services
provided by CST, including but not
limited to Crypto Asset Trading
Activities and Hosted Digital Asset
Wallet;
-
Pricing and Fees Disclosures
refers to the fees charged by CST;
-
User or You refers to the
individual who owns the CST Account that
has been registered and verified on the
CST Site, thus obtaining authorization
from the CST Site to carry out Crypto
Asset Trading Activities.
REGISTRATION
OF CST ACCOUNT
The general requirements to use the Services, you must
be registered as a User under the following terms:
- You
must be at least 18 (eighteen)
years old;
- Have
an Identity Card (“KTP”) for
Indonesian citizens, or a
passport issued by the User's
country of origin and/or a
Permanent Stay Permit Card
(“KITAP”) or Temporary Stay
Permit Card (“KITAS”) for
foreign nationals;
- Use
your own funds or Crypto Assets,
and not funds or Crypto Assets
that belong to others or
obtained from criminal
activities, money laundering,
terrorism financing, and/or
weapons of mass
destruction;
- Register
through the CST Site;
- Agree
and consent to comply with the
Terms and Conditions as well as
the Privacy Policy.
Registration
Process
In the registration process for a CST Account, you are
required to provide your information, including but not
limited to:
- Name;
- Address;
- Phone
Number;
- E-mail;
- Password
Settings.
CST
has the right to request additional information or other
matters not mentioned in the registration process, which
are necessary in connection with the registration
requirements set forth. The prospective User hereby
declares and guarantees that all
data/explanations/documents/information/statements
provided in relation to the registration process as a
User are complete, original, accurate, and in accordance
with the actual circumstances, and constitute the most
recent and valid
data/explanations/documents/information/statements that
have not been altered and are not expired, with no
changes or other conditions agreed upon based on the
provisions on the CST Site registration page.
The
User hereby agrees that access to the CST Account is
effective after all requirements are fulfilled by the
User. Any risks arising from the
closure/blocking/freezing of the CST Account caused by
the User's errors and/or negligence shall be the User's
responsibility, and CST will not provide any
compensation to the User or any third party in any form
for any claims/lawsuits and compensation from the User
or any party in connection with the closure of the
User's CST Account.
All
data, explanations, information, statements, and
documents obtained by CST regarding the User will become
the property of CST, and CST has the right to verify,
match, evaluate, keep confidential, or use them for
CST's interests in accordance with applicable
laws.
The
User agrees and authorizes CST to use all data,
explanations, and information obtained by CST regarding
the User, including but not limited to the use of the
User's personal communication channels for any other
purposes as long as it is possible and permitted by
applicable laws, including for CST's marketing purposes
or for third parties cooperating with CST. For the use
of data requiring third-party consent, the User declares
that they have provided written consent to any third
party for the use of the data, explanations, and
information, and therefore CST will not provide
compensation and/or liability in any form to the User or
any party for any risks, claims, lawsuits, and/or
compensation that may arise in the future related to the
use of the data, explanations, and information for which
written consent has been obtained by CST.
CST ACCOUNT
-
Each
CST Account created will be
administered by CST based on a
unique identification according
to the User's name, which will
also serve as the CST Account
name/identity as stated on the
User's identity. Users are
prohibited from using a CST
Account other than their own,
accessing other CST Accounts, or
helping others gain unauthorized
access to such accounts. All use
of the CST Account is the full
responsibility of the CST
Account owner registered on the
CST Site.
-
Users
are required to use and enter
their email and password, which
must be verified by CST during
the registration process. The
CST system will automatically
deny access to the CST Account
if the email and password are
incorrect. Users are responsible
for maintaining the
confidentiality of their
password, CST Account, Wallet
access, email login access, and
any activities involving
transactions within their CST
Account. Users are fully
responsible for the use of their
password and CST Account. If
there is any unauthorized use of
the password and/or CST Account,
and other suspected violations
occur, Users must contact CST by
sending an email to
info@transid.id along with
supporting information. CST is
not responsible for any losses
incurred due to the misuse of
the CST Account and/or password,
with or without the User's
knowledge.
-
Users
agree not to use the Service for
any criminal activities,
including but not limited to
money laundering, gambling,
purchasing illegal goods,
terrorist activities, or hacking
activities. Any User who
violates these regulations may
be terminated and held
responsible for any losses
incurred by CST or other Users
within the CST Site. CST has the
right to close the CST Account
and freeze funds, Crypto Assets,
and transactions within the
account if suspicious activity
is detected within the CST
Account, until further
notice.
CST ACCOUNT DATA UPDATE
-
Name
Change for CST Account. The Name
Change for CST Account can be
done by sending the old and new
name of the account owner,
username, email, and phone
number. CST will carry out data
matching and will confirm via
email noreply@csttoken.net to
avoid fraud. Once the change
process is completed, the CST
Account name will change as
requested by the User. Regarding
the name change for the CST
Account, an example of a
permitted reason is: incorrect
name spelling.
-
Password
Change. A password change is
possible for security reasons,
and the mechanism for this is
available in the Service. For
security reasons, after changing
the password, the User's CST
Account cannot make withdrawals
or crypto asset withdrawals for
48 (forty-eight) hours.
SCOPE OF SERVICES
The
scope of services on the CST site that
can be used by users is as
follows:
-
Top
Up CST Tokens;
-
Send
CST Tokens to other users on the
CST site, as well as to CST
Token users outside the CST site
(exchanger); and
-
Receive
deposits in the form of CST
Tokens.
TECHNICAL SYSTEMS OF CST TOKEN
-
Your
wallet allows you to send,
receive, and store CST Tokens,
by providing instructions
through the CST site;
-
We
will process transactions
according to the instructions we
receive from you. You must
verify all transaction
information before sending
instructions to us. We do not
guarantee the identity of the
user, recipient, applicant, or
any other party. Transactions
cannot be canceled once
submitted to the relevant Crypto
Asset network;
-
Once
submitted to the Crypto Asset
network, users will wait for
confirmation from the Crypto
Asset network for a certain
period. Transactions are
incomplete when in a pending
decision status. Crypto Assets
in a transaction that is in a
pending decision status will be
held accordingly and will not be
included in your Wallet balance
or available for
transactions;
-
We
may charge network fees to
process transactions on your
behalf. We will calculate the
network fees according to our
policy, although we will always
notify you about the network
fees at or before the time you
authorize the
transaction;
-
We
may refuse to process or cancel
pending transactions as required
by law, court, or other
authorities to which CST is
subject to jurisdiction;
-
Our
Crypto Asset services are only
available for Crypto Assets that
are supported and listed on the
CST site, and this may change
over time. In any situation, you
should not use the Wallet to
store, send, request, or receive
any Crypto Assets that we do not
support. We are not responsible
or liable for any attempts to
use your Wallet for unsupported
Crypto Assets.
-
We
securely store Crypto Asset
private keys, which is how you
can approve transactions
securely. We store private keys
securely under our control, in a
combination of online and
offline storage. As a result, we
may need to retrieve certain
information from offline storage
to facilitate transactions
according to your instructions,
and you acknowledge that this
may delay the initiation or
crediting of the
transaction;
-
We
do not own or control the
underlying software protocols
that govern the operation of
supported Crypto Assets on the
CST site: generally, the
underlying protocols are
open-source, and anyone can use,
copy, modify, and distribute
them. We are not responsible for
the operation of the underlying
protocols, and we cannot
guarantee their functionality,
security, or
availability;
-
You
acknowledge and accept the risk
that the underlying software
protocol of any Crypto Asset you
store in your Wallet may change.
Specifically, the underlying
protocol may be subject to
sudden changes in operational
rules ("forks"), and such forks
may materially affect the value,
functionality, and/or name of
the Crypto Asset you store in
your Wallet. If possible, we may
provide you with notice or
warning about a fork in
accordance with the Notification
section in these Terms and
Conditions, and you must read
the notice received from us so
that you can consider how to
handle the upcoming fork.
However, you are responsible for
making yourself aware and
considering how to handle the
upcoming fork. In the case of a
fork, there is a risk that we
may need to temporarily suspend
operations concerning that fork
without prior notice to you. We
may, at our reasonable
discretion, refuse to support
either or both branches of the
fork;
-
You
acknowledge the risks presented
by forks, and you accept that we
are not responsible for
assisting you in moving or
selling unsupported forked
protocol branches.
SUSPENSION, TERMINATION, AND CANCELLATION
-
We may:
- Refuse to complete or block,
cancel, or reverse any
transaction you have
authorized;
- Suspend, limit, or terminate
your access to any or
all Services, and/or
- Deactivate or cancel your
CST Account if any of
the following occur,
including but not
limited to:
- We, in our
reasonable
opinion,
are
required
to do so
by
applicable
law or
by any
court or
authority
in any
jurisdiction;
- We reasonably
suspect
that you
have
violated
these
Terms
and
Conditions;
- We reasonably
suspect
that you
have
violated
the
Privacy
Policy;
- We are
concerned
that a
transaction
you
initiated
is
incorrect
or
compromises
the
security
of your
CST
Account;
- We suspect
that the
Service
is being
used
fraudulently
or
unlawfully;
- We suspect
money
laundering,
terrorist
financing,
fraud,
or any
other
financial
crime;
- We suspect
that the
source
of the
funds
you are
using is
derived
from
money
laundering,
terrorist
financing,
fraud,
or any
other
financial
crime;
- Your CST
Account
is under
litigation,
investigation,
or
pending
legal
action,
and/or
we
perceive
high
legal
risk
regarding
your use
of your
Account;
- You take any
actions
that may
circumvent
our
controls,
such as
opening
multiple
CST
Accounts
or
abusing
promotions
we may
offer
from
time to
time.
- We may also refuse to complete any
transaction you have approved if the
Funds and/or Crypto Assets are
insufficient to perform the transaction.
- If we refuse to complete a transaction or
close your CST Account or suspend the
use of Services as mentioned in this
section, we will (unless prohibited by
law) notify you of our actions and the
reasons for the refusal, suspension, or
closure, and if necessary, provide a
procedure to correct any factual errors
that caused the refusal, suspension, or
closure. If we refuse to complete the
transaction and/or suspend your CST
Account, we will lift the suspension as
soon as the reasons for the refusal
and/or suspension have been resolved.
However, we are not obligated to allow
you to reverse the transaction at the
same price or under the same terms as
the suspended or canceled transaction.
- We may suspend, limit, or terminate your
access to any or all Services and/or
deactivate or cancel your CST Account
without cause by giving you 1 (one)
month's notice before the effective date
of closure or cancellation. You
acknowledge that our decision to take
any specific action, including
restricting access, suspending, or
closing your CST Account, may be based
on confidential criteria important for
our risk management and security
protocols. You agree that we are not
obligated to disclose the details of our
risk management and security procedures
to you.
- If we suspend or close your Account, or
suspend the use of Services for any
reason, we have the right to require you
to complete the procedures outlined in
the CST Account Registration section
before allowing you to transfer or
withdraw Crypto Assets.
- You may close your CST Account at any time
by withdrawing all tokens and visiting
https://www.csttoken.net.
You will not be charged any fees for
closing your CST Account, although you
may be required to pay any amounts owed
to us (if applicable). You authorize us
to cancel or suspend any pending
transactions at the time of
cancellation.
- If the Account is terminated, the User
agrees and acknowledges their continued
obligation to abide by the Terms and
Conditions and cease using CST services,
granting CST the right to delete all
information and data from CST's servers,
and acknowledging that CST is not
responsible to the User or any third
party for the termination of access and
the deletion of information and data
from the CST Account.
FEEDBACK, QUESTIONS, COMPLAINTS, AND DISPUTE
RESOLUTION
-
If you have feedback, questions,
complaints, or concerns you would like
to share, contact us through our
customer support page at
https://transid.id.
When you contact us, please provide your
name, registered user ID/email address,
and other information we may need to
identify you, your CST Account, and the
transaction related to your feedback,
question, or complaint.
-
Within 15 (fifteen) business days of
receiving your complaint, our Officer
will review all points raised in your
complaint by sending an email
("Resolution Notice") in which the
Officer will:
(i) offer to resolve your complaint in
the manner you requested;
(ii) make a determination to reject your
complaint and explain the reasons for
the rejection; or
(iii) offer an alternative resolution to
your complaint.
In exceptional circumstances, if the
Officer is unable to respond to your
complaint within 15 (fifteen) business
days due to reasons beyond CST’s
control, the Officer will send a reply
indicating the reason for the delay in
responding to your complaint and set a
timeframe by which the Officer will
respond (no more than 35 (thirty-five)
business days from when we received your
complaint).
QUESTIONS AND WARRANTIES
-
All services on the CST Site do not
provide any warranties or guarantees,
and CST does not guarantee that the CST
Site will always be accessible at all
times due to possible interruptions or
periodic maintenance of systems and
networks.
-
Users declare and guarantee to use the
Services properly and responsibly and
not to engage in actions that are
contrary to the laws, statutes, and
regulations in force in the Republic of
Indonesia.
-
Users declare and guarantee not to use
the Services in cryptocurrency trading
related to:
(i) narcotics, chemicals and/or research
substances;
(ii) money and any money-like
instruments, including derivatives;
(iii) goods and/or services that
infringe Intellectual Property Rights;
(iv) ammunition, firearms, explosives,
sharp weapons as per applicable legal
provisions;
(v) goods and/or services that display
personal information of third parties
that violate the law;
(vi) goods and/or services related to
lottery purchases, lay-away;
(vii) services related to banking
outside the territory of the Republic of
Indonesia;
(viii) card payments;
(ix) credit settlements and/or;
(x) support for organizations that are
prohibited or banned by the government.
-
Users declare and guarantee not to use
the Services in activities involving
gambling practices and/or other
activities that charge entry fees and
promise rewards, including but not
limited to casino games, sports betting,
businesses facilitating gambling, and
lottery schemes.
-
Users declare and guarantee that all
data, information, and documents
provided to CST are true, legitimate,
honest, transparent, complete, and
accurate. Users agree to be prosecuted
criminally or sued civilly if CST
discovers or receives information from
any party that the provided data,
information, or documents are
false/incomplete/fabricated. Users agree
to update their profile information
whenever requested by CST, and all
documents submitted shall become the
full property of CST.
-
CST has provided sufficient explanation
and information about the services that
the User will use according to the Terms
and Conditions, and the User understands
and accepts all consequences that may
arise from the use of CST services,
including the benefits, risks, and costs
associated with the services.
-
The User hereby agrees and authorizes
CST to use all data, information, and
details obtained regarding the User,
including but not limited to personal
communication means, for other purposes
as permitted by applicable laws,
including marketing CST or third-party
products in cooperation with CST. For
data usage requiring third-party
consent, the User declares that they
have obtained written consent from the
relevant third party, and therefore
agrees that CST shall not be held liable
for any loss, claim, or responsibility
arising from such data usage by CST.
-
Users declare and guarantee that
transactions conducted using the
Services do not violate any applicable
laws and regulations or provisions
regarding the acceptance and execution
of transactions as outlined in the Terms
and Conditions. If CST finds indications
of transactions that violate such
provisions, CST has the full right to
close the User’s CST Account and
deactivate the Services. The User agrees
that CST will not provide any
compensation or liability for any claims
or demands arising from the deactivation
of the Services.
-
Users declare and guarantee that the
risk of using services, products, and
third-party promotions (if any) lies
entirely with the User, and CST is not
responsible for the services and
performance of third-party services.
-
The User is fully responsible and agrees
that CST will not provide compensation
or any form of liability for any losses,
claims, or demands arising or
potentially experienced by CST due to
the User's negligence or failure in
carrying out transactions.
-
The User is fully responsible and agrees
that CST will not provide compensation
or any form of liability for any losses,
claims, or demands arising or
potentially experienced by CST due to
the User's negligence or failure in
securing their CST Account password or
credentials.
-
The User hereby guarantees that neither
they nor any of their employees or
collaborating parties will reproduce,
create, lease, sell, transfer, assign,
or repurpose the Services, either
partially or entirely, to any other
party for any reason, including but not
limited to the misuse of the CST Site
for transactions outside the agreed
purposes stated in the Terms and
Conditions, for any intent including but
not limited to crimes/fraud/scams. If
the User violates these provisions, they
shall be fully responsible for all
losses, claims, and lawsuits arising
from such violations and agree that CST
will not provide any compensation or
liability for any such claims or
lawsuits.
RESPONSIBILITIES
-
The User agrees to bear all risks,
losses, or consequences suffered by the
User caused by, among others:
- Damage, delay, loss, or
error in the delivery of
instructions and
communication
electronically caused by
the User;
- CST Account reports or CST
service usage
notifications sent to
the User being received,
read, or misused by
unauthorized parties of
the CST Account;
- CST Account passwords being
known to other
persons/parties due to
the User's error.
-
The User understands and agrees that the
User will use the CST Account and
Services for transactions that do not
violate applicable laws and regulations
and/or CST's internal policies and/or
other regulations that apply nationally
or internationally related to the
execution of such transactions, either
directly or indirectly. CST shall not
provide any compensation and/or be held
liable in any form to the User or any
other party for any claims and/or
demands and/or losses arising in
connection with the User's use of the
Services for transactions categorized as
suspicious and/or transactions
prohibited by applicable laws and
regulations and/or CST's internal
policies and/or other regulations that
apply nationally or internationally
related to the transaction activities
carried out by the User, either directly
or indirectly.
RISKS
-
Crypto Asset trading also carries
additional risks not experienced by
other Crypto Assets or commodities in
the market. Crypto Assets are unique
assets formed based on technology and
consensus.
-
CST does not guarantee the long-term
sustainability of any Crypto Asset
traded or exchanged on the CST Site.
PROHIBITIONS
Without
limiting the provisions regarding
prohibitions stated in the Terms and
Conditions, Users are prohibited from
engaging in the following actions:
-
Users are not allowed to perform any
actions that may cause harm to CST
and/or are contrary to the Terms and
Conditions and applicable laws and
regulations;
-
If the User violates one or more
provisions in these terms, the User
shall be fully responsible and hereby
agrees that CST has the right to
restrict features of CST services up to
the closure of the CST Account. The User
acknowledges and agrees that CST will
not provide any compensation or be held
liable in any form to the User or any
party for any risks or consequences
arising from such restriction of service
usage and account closure. The User is
also obligated to compensate CST for the
amount of losses that may be suffered by
CST due to the violation. The User
hereby authorizes CST to debit the
User's Account for the compensation
payment. In the event that the funds in
the User’s Account are unavailable or
insufficient, the User is required to
fully repay the amount via interbank
transfer to CST within no later than 7
(seven) business days from the date CST
submits the said claim.
CONFIDENTIAL INFORMATION
-
Any information and/or data provided by
CST to the User and/or data obtained by
the User in connection with the
implementation of the Terms and
Conditions, whether delivered verbally,
in writing, graphically, or through
electronic media, or information and/or
data in any other form during
discussions or other work, shall be
considered confidential.
-
The User agrees and consents that at all
times they will maintain the
confidentiality of any confidential
information obtained as part of the
cooperation and will not disclose it to
any party or use it for the User’s own
interests or the interests of others
without prior written approval from an
authorized CST official or other
authorized parties in accordance with
applicable laws.
-
If the User violates the provisions as
referred to in points 1 and 2 regarding
confidentiality, then all losses,
claims, and/or lawsuits incurred by CST
shall be the full responsibility of the
User. Upon first request by CST, the
User is obligated to resolve such
matters in accordance with applicable
laws and regulations and provide
compensation for any losses resulting
from the violation. The User hereby
agrees that CST will not provide any
compensation and/or be held liable in
any form to the User or any other party
for any claims and/or lawsuits that may
arise in the future in relation to such
violations.
-
The obligation to maintain the
confidentiality of information as stated
in points 1 and 2 shall no longer apply
if:
- The confidential information
becomes publicly
available;
- The confidential information
is required to be
disclosed to comply with
a court order or order
from another authorized
government body;
- The confidential information
is disclosed in
accordance with
applicable legal
provisions.
-
The User further agrees to make every
effort and take all necessary actions to
prevent third parties from gaining
access to or causing the disclosure of
the confidential information.
-
In the event that the cooperation has
ended, the User agrees that the
obligation to maintain the
confidentiality of documents and
materials which are considered
confidential information, as regulated
in this provision, shall remain in
effect.
NEGLIGENCE
-
The User agrees that what is meant by
Negligence ("Default") refers to the
following matters or events:
-
Negligence (Default).
-
If the User fails to
fulfill an obligation or
violates any provision
in the Terms and
Conditions.
-
False Statement.
-
If it is found that any
statement or warranty
made by the User in the
Terms and Conditions is
untrue or inconsistent
with the facts.
-
In the event of any negligence by the
User as referred to in point 1 of this
negligence clause, CST may choose
whether to continue or terminate the
User's Account. If CST chooses to
terminate the User’s Account, such
intention must be notified to the User
within a reasonable time as deemed
appropriate by CST.
-
In the event of negligence by the User
as mentioned above, CST has the right to
immediately deactivate the User's CST
Account without prior notice to the
User, and the User hereby agrees that
CST shall not provide any compensation
and/or liability in any form to the User
or any other party for any claims and/or
lawsuits and/or demands for compensation
from any party that may arise in
connection with such negligence.
INTELLECTUAL PROPERTY RIGHTS
-
The User acknowledges and agrees that
CST is the rightful owner of the
services, software, technological tools,
and content, site, and other materials
including Intellectual Property Rights
related to CST’s facilities.
-
Users are only permitted to view, print,
and/or download copies of materials from
the CST Site for personal and
non-commercial use. Any commercial use
requires permission from CST. Any
commercial activity without CST’s
consent shall be considered a violation
of CST’s Intellectual Property Rights
and may result in the termination of the
User's CST Account.
TAX
The
tax on cryptocurrency asset trading
activities is a tax borne by each party
involved in the activity, in this case,
the User and CST. The User may consult a
Personal Tax Consultant regarding tax
payments, and CST will not bear the
User's taxes unless otherwise specified
in these Terms and Conditions.
SECURITY
CST
has implemented a network and security
measures as an information safeguard
against unauthorized access in the
usage, modification, and/or disclosure
of Accounts, with security standards in
compliance with the applicable laws and
regulations. If unauthorized parties
access, modify, or disclose Accounts due
to negligence and/or errors by the User,
the User shall bear the risk, and CST
will not provide any indemnity or
responsibility in any form to the User
or any third party for any risk,
responsibility, or claims arising in
connection with the User's
negligence/intention/error in providing
information.
FORCE MAJEURE
-
Force Majeure refers to events that
occur beyond the ability and control of
CST, affecting the execution of
transactions, including but not limited
to:
-
Earthquakes, typhoons,
floods, landslides,
volcanic eruptions, and
other natural disasters;
-
War, demonstrations,
riots, terrorism,
sabotage, embargoes, and
mass strikes;
-
Economic policies from
the Government that
directly affect the
situation;
-
As long as CST has fulfilled all of its
obligations in accordance with the
applicable laws regarding the occurrence
of Force Majeure, CST will not provide
any indemnity or responsibility in any
form to the User or any third party for
any risk, responsibility, or claims
arising from delays or inability to
fulfill obligations due to Force
Majeure.
LIMITATION OF LIABILITY
-
CST always strives to maintain a secure,
comfortable, and functioning Service,
but we cannot guarantee the continuous
operation or that access to our Service
will always be flawless. There may be
instances where information and data on
the CST site are not available in
real-time.
-
CST does not guarantee that the results
obtained from using the service will be
accurate or reliable.
-
Users agree that they use the CST
Service at their own risk, and that the
CST Service is provided to Users on an
"AS IS" and "AS AVAILABLE" basis.
-
To the extent permitted by applicable
law, CST (including the Parent Company,
directors, and employees) shall not be
liable, and Users agree not to hold CST
liable, for any damages or losses
(including but not limited to the loss
of money, reputation, profits, or other
intangible losses) directly or
indirectly caused by the following:
-
The User's inability to
use the CST service,
including personal risk.
-
Loss of Use, Loss of
Profits, Loss of
Revenue, Loss of Data,
Loss of Goodwill, or
Failure to realize
expected savings, in any
case directly or
indirectly.
-
Any indirect,
incidental, special, or
consequential losses
arising from or in
connection with the use
or inability to use the
CST website or services,
including, but not
limited to, damages
caused by this, even if
CST has been informed of
the possibility of such
damages.
-
Any losses caused by the
User's negligence,
including but not
limited to negligence in
logging in through
third-party devices
and/or failure to
maintain the
confidentiality of the
devices used to log in.
-
The condition and
quality of tradable
products or Crypto
Assets.
-
Infringement of
Intellectual Property
Rights.
-
Disputes between Users.
-
Defamation of other
parties.
-
Any misuse of Assets
purchased by the User.
-
Losses resulting from
unauthorized payments to
parties other than CST's
Official Accounts, which
in any way use the name
of CST, or negligence in
writing account
information and/or other
information and/or
negligence by the bank.
-
Viruses or other malware
(bots, scripts,
automation tools)
obtained by accessing or
connecting to the
Service.
-
Skimming or hacking
processes that cause
damage to Users in the
CST Service.
-
Interruptions, bugs,
errors, or inaccuracies
in the Service.
-
Damage to your hardware
from using any Service.
-
Enforcement actions
taken regarding the
User's account.
-
Any hacking done by
third parties on the
User's account.
-
The User acknowledges and agrees that
the sole remedy for any dissatisfaction
or issue with the service is to stop
using the Service.
NOTICE
The
User agrees to communicate with CST in
electronic format, and agrees that all
terms, conditions, agreements, notices,
disclosures, or any other form of
communication provided by CST to the
User electronically will be considered
as written.
The User agrees to receive emails from
the CST Site. The emails sent may
contain information regarding the
Account, transactions, systems,
promotions, and more.
LEGAL DOMICILE AND DISPUTE RESOLUTION
-
These Terms and Conditions are governed
by the laws of the Republic of
Indonesia.
-
Any dispute, conflict, or disagreement
(“Dispute”), where possible, will be
resolved through deliberation to reach a
consensus.
-
Any dispute that cannot be resolved
through deliberation will be settled
through the Commodity Futures Trading
Arbitration Board (“BAKTI”).
OTHERS
-
These Terms and Conditions are subject
to and enforced based on Law No. 8 of
2010 regarding Money Laundering, Law No.
9 of 2013 regarding the Prevention and
Eradication of Terrorism Financing, Head
of PPATK Regulation
PER-09/1.02.2/PPATK/09/12, No.
PER-12/1.02/PPATK/06/13, No.
PER-02/1.02/PPATK/02/2014, and PPATK
Regulation No. 2 of 2021. Therefore, it
is subject to the obligation to report
to PPATK.
-
For matters not regulated in these Terms
and Conditions, the provisions in the
Civil Code and other applicable laws and
regulations will apply.
-
If CST makes changes to the content of
these Terms and Conditions, CST will
notify the changes to the User in
accordance with applicable laws through
the notification media deemed
appropriate by CST, and the User will
then be bound by the changes to the
Terms and Conditions.
-
If the User acts outside the provisions
of these Terms and Conditions, the User
will be fully responsible and agrees
that CST will not provide compensation
or liability in any form to the User or
any third party for any demands,
lawsuits, or claims made by other
parties in connection with the actions
taken by the User.
-
The User is required to comply with all
the terms listed in these Terms and
Conditions. Failure by the User to
adhere to or implement the contents of
the Terms and Conditions on one or more
occasions does not eliminate the User's
obligation to fulfill all the
requirements in these Terms and
Conditions.
-
For questions regarding the Terms and
Conditions or other matters, contact
info@transid.id.
I declare that I have received and read the "TERMS AND
CONDITIONS" of the USER AGREEMENT, understand and agree
to its contents.