Last Update : 30/08/202
These terms and conditions (“T&Cs”) regulate your use and participation of referral program (“Referral Program”) as one of the program services of digital crypto asset trading held by PT Pintu Kemana Saja (“Pintu”, “we”, “us”, “our”). By using and/or participating in Referral Program, you agree to be bound by these T&Cs and you agree that these T&Cs constitute a legally binding agreement between you and Pintu. If you do not agree to these T&Cs, you may stop accessing and/or participating in Referral Program.
GENERAL TERMS
INTERPRETATION
REFERRAL PROGRAM
Starting from 1 November 2021, Pintu will apply a new referral program. By participarting in this program, user agrees to abide and be bound by these terms and conditions.
The following are some of the changes applied on Pintu’s new referral program:
Commission Rate Schema
Commission Simulation #1
D buys BTC worth Rp1,000,000,-
Since D uses C’s referral code, D earns (0.004% x 1,000,000) = 40 IDRT as a commission,
Since D uses C’s referral code, C earns (0.012% x 1,000,000) = 120 IDRT as a commission,
Since C uses B’s referral code, B earns (0.006% x 1,000,000) = 60 IDRT as a commission,
Since B uses A’s referral code, A earns (0.004% x 1,000,000) = 40 IDRT as a commission.
Commission Simulation #2
C sells BTC worth Rp2,000,000,-
Since C uses B’s referral code, C earns (0.004% x 2,000,000) = 80 IDRT as a commission,
Since C uses B’s referral code, B earns (0.012% x 2,000,000) = 240 IDRT as a commission,
Since B uses A’s referral code, A earns (0.006% x 2,000,000) = 120 IDRT as a commission.
Commission Simulation #3
B sells BTC worth Rp3,000,000,-
Since B uses A’s referral code, B earns (0.004% x 3,000,000) = 120 IDRT as a commission,
Since B uses A’s referral code, A earns (0.012% x 3,000,000) = 360 IDRT as a commission,
Commission Simulation #4
A buys BTC worth Rp4,000,000,-
Since A doesn’t use anyone’s referral code, no one gets a commission.
Pintu users can use the referral code in a circular manner, but keep in mind that each user who is entitled to earn a commission will only receive a commission one time from each transaction.
All commissions earned infractions will be rounded down.
Example:
Rp0,1 ⇒ Rp0,-
Rp100.7 ⇒ Rp100,-
Rp100,000,9 ⇒ Rp100,000,-
TAX
You agree that any tax obligations and/or fees arise upon and/or applied to in relation to the use of Referral Program shall be borne by each party in accordance with each party’s portion.
REPRESENTATION AND WARRANTIES
You agree that you: (i) have disclosed all true, accurate and complete information to Pintu as part of the Know Your Customer (KYC) process; (ii) have complied with all terms stated in these T&Cs, terms and conditions and privacy policy available with the Pintu app or website, as well as all prevailing laws and regulations in Indonesia; and (iii) shall not permit or be involved in any fraudulent activities towards other users, Pintu or any other third party, including, but not limited to, use of bot or any other technology to manipulate or forge data to increase the yield or benefit that you may obtain from Referral Program.
RISKS DISCLOSURE
FORCE MAJEURE
Any default, failure, interference or delay in complying with the obligations or any inconsistencies at Referral Program that is caused by, whether entirely or partially, direct or indirect, by an event or such failure is caused by any reason whatsoever beyond our control including, but not limited to, natural disasters, act of government (including change of law or anything that is unexpected beyond reasonable control of), failure or disruption to public or private telecommunication network; communication lines or information system, war, terrorism, riot, virus, malware, other malicious computer source code, or hacking, shall not be regarded as Pintu’s failure in delivering its obligations under these T&Cs.
LIMITATION OF LIABILITY
INDEMNIFICATION
You agree and acknowledge that you will defend, indemnify, and hold harmless Pintu and each of its respective employees, officers, directors, employees and/or its affiliates in its entirety from and against any claims, damages, losses, liabilities, costs, and expenses that may be suffered by Pintu or may be claimed towards Pintu, whether direct or indirect, in relation to your failure in complying with these T&Cs, the terms and conditions and privacy policy available with Pintu app or website and/or in fulfilling your obligation to comply with prevailing laws and regulations.
TERMINATION
GOVERNING LAW AND ARBITRATION
MISCELLANEOUS
© 2021 PT Pintu Kemana Saja