Terms and Conditions

Term of Use

Member

General Terms and Conditions of Members of PT. Aset Digital Indonesia (hereinafter all attachments, changes and / or additions and renewals hereinafter referred to as “SKU”), which contain terms and conditions regarding the use of products, services, technologies provided by PT. Aset Digital Indonesian (here in after referred to as “Website”) including all facilities and service features in the Website, as long as they are not specifically regulated by the names of individuals, individual addresses, and e-mail addresses as listed in the PT. Aset Digital Indonesian (hereinafter referred to as “Member”), which are made on the day and date as stated in the biido.idaccount registration section and constitute one entity, are inseparable and are an agreement on this SKU.

By registering to become a member of the Website, you declare that you have READ, UNDERSTAND, AGREE and COMPLY with the Terms and Conditions below. You are advised to read all the terms and conditions carefully before using the Website or any form of service provided by the Website, and with this you agree and bind yourself to all activities in this SKU with the following general terms and conditions:

DEFINITION

As long as the context of the sentence does not specify otherwise, the term or definition in SKU has the following meanings:


  1. The Website refers to online sites with biido.id addresses. This website is managed by PT. Aset Digital Indonesia, not limited to owners, investors, employees and parties related to PT. Aset Digital Indonesian. Depending on the context, “Website” can also refer to services, products, sites, content or other materials provided by PT. Aset Digital Indonesia.

  2. Digital assets are digital commodities that use the principle of decentralized technology based on peer-to-peer networks (interfaces) or referred to as Blockchain Networks traded on the Website. Digital assets traded on the Website include Bitcoin, Ethereum and various other digital assets.

  3. Bitcoin is a form of digital assets, digital commodities and forms of technology that use the concepts of decentralization and encryption that can be traded by fellow users. Bitcoin technology itself is not directly related to PT. Aset Digital Indonesia.

  4. Registration is the registration page of the Website which contains data, information, statements and facilities of the Website that can be obtained by members after going through the registration process, constituting an integral and inseparable part of the SKU.

  5. Services are services provided by PT. Aset Digital Indonesia allow buyers and sellers to buy and sell commodities online and digital assets in Rupiah.

  6. Trading Activities are Digital asset trading transactions based on the achievement of the value points of the Bitcoin members agreement on the website.

  7. Account is access given to members to get information and to conduct Digital asset trading activities through the Website.

  8. Level is the level or grouping customers according to the achievement of the terms given in each of these levels.

  9. Password is a collection of characters or a string consisting of a series of alpha-numeric or a combination of both and is used by members to verify his identity to the security system owned by the network on Website.

  10. Phone Numbers are phone numbers of members who have been registered so as to obtain an authorization to obtain services. Changing the phone number can be done following the rules written in the pages of help available on the Website.

  11. Conversion is the change in the value of fiat currencies or currency into digital form or format in this asset bitcoin and other digital assets based on the prevailing rate and vice versa.

  12. Verification is the examination of the registration process on the particulars of the prospective members and personal information, prior to approval or rejection of the registration process to become a member.

  13. Member is a person (individual) or institutions that have made the process of registration / registration on the Website through the verification process, so as to obtain an authorization from the Website to conduct trading activities Digital asset.

  14. Buyers are members who make a purchase Bitcoin or other digital assets via the Website. In the mechanism of the transaction, the buyer can only purchase Digital assets in Rupiah (IDR) only, and next to other Digital assets listed and arranged through in this SKU can be traded with other Digital assets.

  15. Sellers are members who do the selling Bitcoin or other digital assets through the Website. In the mechanism of the transaction, the seller can only sell currency bitcoin using Rupiah (IDR), and subsequently to digital sales transactions in other assets listed and regulated through this SKU only be traded with other digital assets.

  16. Deposit is a digital storage processes bitcoin or other assets or rupiah by the member. In these terms and conditions, refer to the process or deposit additional mechanism (top-up) for the balance of the rupiah, bitcoin or other digital assets in which the process is done by using the media accounts belonging to members in biido.id. With regard to the mechanism of this deposit can be done in two installments where Member send bitcoin balances or other assets through a digital wallet into account biido.id members and / or send rupiah into account through (via) the transfer of bank accounts.

  17. Withdraw is the transfer or withdrawal of the bitcoin and other digital assets or rupiah by the member. In these terms and conditions, withdraw also refers to the process of removal or withdrawal of bitcoin and other digital assets, or rupiah of Biido.id account to another wallet or bank account. In this definition, the withdrawal mechanism can only be made to the bank account withdrawals can only be made by a party where the bank account owner name matches the name of the account owner VIP.

  18. Prices are digital asset prices on the Website.

  19. The Address is the address indicated on the 'Deposit' in the form of digital address asset created specifically for members and can be used many times. In its technical factors, digital asset addresses have a role or function to receive digital assets sent by members from other places / wallets to biido.id accounts.

  20. Limits Transfer are the minimum and maximum limits for sending Bitcoin or other digital assets. The withdrawal limit is also imposed with a withdrawal limit of digital assets to another wallet and need to be explained that each account will have a different withdrawal limit adapted to these Terms and Conditions and the legislation in force.

  21. Cash Withdrawal Limit is the limit the minimum and maximum withdrawal amount in the withdrawal or melting rupiah per-day. With regard to the withdrawal limit rupiah, it needs to be explained that each account will have a different withdrawal limit adapted to these Terms and Conditions and the legislation in force.

  22. Bank Account is a bank account that has been registered by a member of the similarity obligation account holder name and the name of the member in the Website.

  23. Order Book is a list of the sale price and the purchase price available on the Website. Members can buy or sell Bitcoin uses listed price and to facilitate member, Order Book is divided into two parts, namely:
    1. List of Bitcoin purchase requests complete with the amount of Bitcoin and prices offered

    2. List of Bitcoin sold is complete with the amount of Bitcoin and the price requested.


  24. E-Wallet is a software component and information on storing and using digital assets.

  25. Money is the currency of the Republic of Indonesia is Rupiah. The currency traded against bitcoin on biido.id and to these terms and conditions refer to the currency of the money of the Republic of Indonesia is Rupiah.

  26. KYC (Know Your Customer Principles) is the process of assessment of the prospective members and members to know the background and the good faith of the deed will be done in a Bitcoin trading activity.

  27. AML (Anti Money Laundering) is an activity to anticipate and stop the practice of money laundering.

Registration Process / Registration Member Website

Information and Data Member

  1. Requirements to become a member are:
  2. Members are able to perform the registration process or the member registration via the Website

  3. On each of the registration process, a prospective member must indicate all and any data in the form:

  4. Members hereby agree that the process of becoming a member biido.id will become effective only after all requirements biido.id met by the member and the registration process has gone through a verification process to be approved biido.id. Any risks arising in connection with the closing / blocking / freezing accounts due to errors and / or omissions member, will be the responsibility of the member and biido.id will not provide compensation to the members or any party in any way for any claims / claims and compensation of the members or any party in connection with the closing of the account.

  5. All data, information, information, statements, documents obtained biido.id with respect to the member, will belong biido.id and biido.id entitled to conduct verification, matching, assess, conceal or use it for the benefit of biido.id accordance with the law biido.id applicable without obligation to notify or seek approval, guarantee or indemnity of any kind and for any reason to the member.

  6. PT. Aset Digital Indonesia will organize, manage and supervise according to the procedure / procedure established PT. Aset Digital Indonesia over all the data, information, information, statements, documents or anything related to the member or business activity or transaction the member associated with the account belonging to members.

  7. Members hereby approve and authorize biido.id to use all the data, information and information obtained regarding members biido.id including but not limited to the use of a means of personal communication member for all other purposes to the extent possible and permitted by law - applicable law including those aimed at the marketing of products - products or product biido.id other parties cooperate with biido.id. To use data that require the approval of the other party, with these member states that the member has given written consent to any third party for the use of data, information and information, and therefore biido.id with this will not provide compensation and / or accountability in any form to any party members and above all the risk, claims, lawsuits or damages that may arise in the future in connection with the use of data, information and information which has obtained the written approval by biido.id.

Identification and Account Name

  1. Any accounts opened will be administered biido.id based on the specific identification by name of members who will apply as well as the name / identity of the account as stated on the identity of the member. Members are forbidden to use a member account other than the account belonging to the member, or to access other members, or helping others to gain unauthorized access to the account. The whole account is a member is the sole responsibility of the owner of the account recorded in the system website.

  2. Member must use and include members email and password are verified biido.id at registration. biido.id system will automatically reject the service on your account, if not accompanied by an email and password are correct. Members are responsible for maintaining the confidentiality of your password, account, PIN, access bitcoin wallet, access more Digital Asset wallet, login access email and the kind of activities that include transactions in the member account. Members are fully responsible for the use of the password and account on biido.id. In the event of the use of passwords and / or account without the permission of members and other cases of alleged violation, the member must contact biido.id ith send e-mail to [email protected] accompanied by supporting information. biido.id not responsible for any losses incurred on the abuse of the account and / or password, with or without the knowledge of the members.

  3. Member agrees not to use the services provided by the Website for committing criminal acts of any kind, including but not limited to, money laundering, gambling, purchase of illegal goods, terrorist activity or hacking activities. Any member who violates these rules may be terminated and shall be responsible to the harm caused by PT Aset Digital Indonesia or other users on the Website. PT Aset Digital Indonesia reserves the right to close your account and freeze the funds, digital assets and transactions in it if it finds a suspicious activity in the account until an unspecified time.

Media Account Information

Members can find out information about his bitcoin account through biido.id services provided and defined by biido.id.

Changes

That to change, apply the provisions as follows:

Trading Activities biido.id

The website allows members to conduct trading activities on the website concerning:

Procedure For Transactions biido.id

  1. Market Maker Method

  2. Market Taker Method

Level Accounts (Terms and feature attached)

Accounts in Biido.id divided into 8 (eight) groups:

  1. Unverified referred to as Level 0
  2. Requirement for Level 0 is to register for a Biido.id account.Features provided are:

  3. Noob referred to as Level 1
  4. Requirements for Level 1 is complete the KYC process in Biido.id Features provided are:

  5. Rookie referred to as Level 2
  6. Requirements for Level 2 are buying or selling (trading) Digital Asset with a volume amounting to Rp 100.000.000, - (one hundred million rupiah) Features provided are:

  7. Trader referred to as Level 3
  8. Requirements for Level 3 are buying or selling (trading) Digital Asset with a volume amounting to Rp 250.000.000, - (Two hundred and fifty million rupiah) Features provided are:

  9. Hodler referred to as Level 4
  10. Requirements for Level 4 are buying or selling (trading) Digital Asset with a volume amounting to Rp 500.000.000, - (Five hundred million rupiah) Features provided are:

  11. Cryptonite referred to as Level 5
  12. Requirements for Level 5 are buying or selling (trading) Digital Asset with a volume amounting to Rp 1.000.000.000, - (one billion rupiah) Features provided are:

  13. Whale referred to as Level 6
  14. Requirements for Level 6 are buying or selling (trading) Digital Asset with a volume amounting to Rp 5.000.000.000, - (five billion rupiah) Features provided are:

  15. Satoshi Nakamoto referred to as Level 7
  16. Requirements for Level 7 are buying or selling (trading) Digital Asset with a volume amounting to Rp 10.000.000.000, - (ten billion rupiah) Features provided are:

Transaction Costs

Transaction costs in biido.id views of the online process is as follows:

Rupiah

Bitcoin

Bitcoin

Ethereum

Ripple

Disclaimer and Delivery of Transactions

  1. Biido.id reserves the right to delay and / or rejection of a transaction if Biido.id knowing or under consideration, suspect that fraudulent activity and / or crimes have been and / or will be done.

  2. Member agrees and acknowledges that the extent permitted by applicable law provisions. Biido.id must refuse to process any transaction.

  3. Members acknowledge that biido.id subject to the law on financial crimes, including but not limited to, the Law Combating Corruption and the Law on Money Laundering in force in Indonesia and internationally, any legislation that apply in Indonesia and internal policies www.Biido.id. For this purpose, Member hereby agrees to provide all information requested by biido.id to meet the laws and regulations including but not limited to name, address, age, gender, personal identity information, income, employment, property, debt, a source of wealth, the goal of opening the account, investment objectives, financial plan or any other relevant financial information from members. If required by biido.id, members also agreed to provide the latest data on the information to biido.id.

  4. Biido.id obliged to comply with laws, regulations and demand for community institution and government agencies in different jurisdictions relating to the prevention of the financing for, among others, terrorists and sanctioned party. This can cause Biido.id to intercept and investigate all payment orders and information or other communications sent to or by the members, or on behalf of members through Biido.id system. This process can also involve Biido.id to carry out further investigations to determine whether the name that appears in all transactions undertaken or will be undertaken by members through their account is the name of terrorists.

  5. Biido.id will not be liable for any damages (whether direct, and including but not limited to lost profits or interest) or damage suffered by any party arising from any delay or omission of Biido.id to process all the payment orders or information or other communication or to perform any other obligations, resulting in whole or in part by any action taken under the provisions of number 4 refusal and Suspension of this transaction.

  6. Biido.id authorized to monitor the member account in order to prevent financial crimes.

Cancellation of the Transactions

Members know, understand and agree that the completed transaction has been done through biido.id are final and can not do cancellation by the member.

Suspicious Transactions

  1. In the event of a suspicious transaction carried out through a biido.id facility, then biido.id has the right to stop / deactivate the biido.id account on the member and block transaction funds as well as postpone the transaction to the member, up to the notification of the biido.id.
  2. In the event of suspicious transactions and / or transactions that exceed limits set by the volume of transactions biido.id against the member for any reason whatsoever, then biido.id reserves the right at any time delay crediting of funds to an account biido.id members and / or blocking e-wallet members until the investigation process is completed within the time period specified by the biido.id.
  3. If it is proved that the transaction is in the number 1 and 2 mentioned above regarding suspicious transactions are transactions that violate SKU and / or legislation in force, then the member hereby authorizes the biido.id to debit the digital assets in the e-wallet member to replace the biido.id loss arising from the transaction, without prejudice to the right biido.id to claim compensation for all losses arising from such transactions and member hereby agrees that biido.id is not obliged to return on the funds pending unqualified by biido.id or blocked funds referred to in item 2 These provisions regarding suspicious transactions.

Withdrawal Limit

Members hereby agree to comply with both the Bitcoin withdrawal limits and money that applies to the member account, and Biido.id which in this case applies the principle of Anti Money Laundering (AML) in accordance with the regulations of the Government of the Republic of Indonesia given the power and right not to process transactions that have exceeded the daily withdrawal limit according to the level of each level.

Biido.id Online Application Services

Biido.id provide services in the form of Mobile Application (hereinafter referred to as the “Mobile Apps”), with the following provisions:

  1. In the matter of the use of mobile applications by Members and users, biido.id entitled to request and collect informationregarding the mobile devices used by members to access applications provided including but not limited to hardware, operating systems, unique device identifiers, mobile network information as well including personal data such as our electronic mail address, address, mobile phone number, alias, password, PIN code and other information that Seller is required to use this mobile application services;

  2. This mobile app has been tested by researchers and biido.id developers and in its use, biido.id urged to be cautious in its use and biido.id can not guarantee the performance and this application is always running with the desired result;

  3. Biido.id and the developer is not responsible for and bound to all forms of possible profits and losses incurred as a result of the use of this mobile application. The intended benefits refer to the increase in the amount of balance in the form of bitcoin (BTC) or rupiah (Rp). As for the loss in question, it is including but not limited to: reduced number of balance in the format bitcoin (BTC) and / or Rupiah (IDR), failure to run the API and all command, network problems / signal, the occurrence of errors in the system or error caused by factors other forms;

  4. In the use of this mobile app, Members or Users have agreed that under no circumstances, members are prohibited to: reproduce, perform copy, reproduce, translate, change the system, modify, remove installation, removing the composition or attempt to derive the source code of the software product this;

  5. All decisions in the use of this mobile application is the decision voluntarily or independently made by Members or users without any coercion from biido.id and Developers. On this matter, Member or biido.id melepaskankan Users and developers of all forms of demands, damages and any liability of any kind;

  6. Members or users claim to have understood the limits of security and privacy, but not limited to: (i) limit the size and security features, privacy, and authentication in the service; and (ii) all data and information on the services may lead to eavesdropping, forgery, spam, sabotage, hijacking passwords, harassment, fraud, abuse of electronics, hacking, and contamination of the system, including, without limitation, viruses, worms, and Trojan Horses, which led to the invalidity, damage, or malicious access, and / or recovery of information or data in your computer or other safety hazards and privacy. If you do not want to be subject to risk - these risks, you are advised to not use of the software and the service.

Service Cooperation

  1. For convenience and ease of transactions, and build bitcoin community in Indonesia, biido.id in collaboration with several international companies are also engaged in the digital asset and blockchain world. Official Partner biido.id contained in this link.

  2. For ease and for national official partner we found in this link.

  3. PT Aset Digital Indonesia and Biido.id do not cooperate in any case with Arisan Berantai companies, cloud mining, MLM, Ponzi Scheme, Money Game and HYIP which offers profit from trading or the use of bitcoin, and do not cooperate with Biclubnetwork, BTCPanda, MMM Global, MMM Indonesia, Onecoin, Binary, BITCOINTRUST2U, BTCPANDA,BITKINGDOM, CITCLUBNETWORK, MMM GLOBAL, MMM Indonesia, EUROBIT, ILGAMOS,FUTURENET, E-DINAR and is not responsible for the use of the above services by the member;

  4. Companies that are not recorded in the Website may be interpreted as not or has not cooperated with PT Digital Asset Indonesia. Biido.id did not recommend any company, including companies that are partners. All decisions to use such services is the responsibility of each user.

  5. PT. Digital Aset Indonesia to explain that it has no official affiliation with a partner who has been mentioned in clause (3) above. All transactions that occur between members with the companies above is not the responsibility of PT. Digital Asset Indonesia.

Statement and Guarantee

  1. All services in the website does not provide a guarantee or warranty of any kind and biido.id not guarantee that the website will always be accessible at all times.

  2. Members declare and guarantee that they will use biido.id facilities properly and responsibly and no action contrary to law, laws and regulations applicable in the territory of the Republic of Indonesia.

  3. Members declare and guarantee that they will not use biido.id facilities in the sale of goods and / services related to:

  4. Members declare and guarantee not to use services against actions involved in gambling practices and / or other activities that impose entry fees and promise gifts, including but not limited to casino games, gambling in sport, which facilitate gambling and lottery.

  5. Members declare and guarantee that all data, information and documents provided by members to biido.id are truthful, valid, honest, transparent, complete and accurate data, information and documents. Members declare that they are willing to be prosecuted criminally or if the biido.id knows or obtains information from any party that the data, information and documents provided by the member are not true / not fully true / false. Members willing to do to update the data / information (profile updates) at any time when requested by biido.id and then all documents that have been granted become fully owned by biido.id.

  6. Biido.id has provided sufficient information and explanations regarding Biido.id facilities that will be used by members in accordance with the provisions of the SKU and members have to know and understand and are willing to bear all the consequences that may arise in connection with the use of services and facilities biido.id including the benefits, risks and costs inherent facilities and services.

  7. Members hereby approve and authorize biido.id to use all the data, information and information obtained biido.id regarding members including but not limited to the use of a means of personal communication member for all other purposes to the extent possible and permitted by applicable law, including those aimed at the marketing of products biido.id or other parties, in cooperation with biido.id. For data usage that requires approval from other parties, hereby the member states that the member has obtained written approval from any third party for data usage, such information and information, and therefore the member guarantees and agrees that biido.id will not provide compensation and / or liability in any form to the member or any party for any risk, loss, claim and / or responsibility that may arise in the future in connection with the use of data, information and information which has obtained the written approval by biido.id.

  8. Members declare and guarantee that transactions made using biido.id services are transactions that do not violate the provisions of the prevailing laws and regulations regarding the receipt of transactions as regulated in the SKU. In case biido.id found indications of execution of transactions that are not in accordance with the provisions of the applicable legislation or the provisions concerning acceptance and implementation of the transactions contemplated in the SKU, then biido.id has full rights to close member accounts by disabling biido.id services to members, and members hereby agree that biido.id with this will not provide compensation or liability of any kind to the members, or any party for any claims or demands arising in connection with the service deactivation biido.id on the member.

  9. Members declare and guarantee that risks to the use of Third Party services, products and promotions with members (if any), are borne by the member, and the member states that biido.id is not responsible for the services and performance of Third Party services.

  10. Members hereby fully responsible and agree that biido.id will not provide compensation or liability of any kind to the member or any party for any losses or claims or demands arising out of or may suffer as a result of negligence biido.id or failure of the members in the running of the transaction.

  11. Members hereby provide guarantees to biido.id that members along with all of its employees or other parties that cooperate with the members will not reproduce or create, assign, lease, sell, transfer, assign, or transfer my service-enable biido.id either partly or entirely to the other party for any reason, , including but not limited to abuse biido.id services for transactions other than those specified in the SKU for any purpose, including but not limited to the crime / fraud / cheating. If a member violates these provisions, then the member shall be liable for any losses, claims or lawsuits arising out of the breach and hereby agree that biido.id will not provide compensation or liability of any kind to any party member or above any claim or demand or claim arising from such breach.

Responsibility

  1. Members agree to bear any risks, losses or consequences suffered by the member caused by, among other things:

  2. Damage, delay, loss or error in sending orders and communications electronically caused by members;

  3. Biido.id accounts report or a notice of the use biido.id facilities that are sent to the member received or read or misused by unauthorized parties on account biido.id,

  4. Account password known to the person / party for mistakes member,

Risks

  1. Digital asset trading is a high risk activity. Digital asset price fluctuations, where prices can change significantly over time. Relative to price fluctuations, the asset value can be increased or decreased significantly at any time. All digital asset or not, has the potential to drastically change its value or even become meaningless. There is a high risk of loss as a result of the buying, selling, or trading any markets and PT Aset Digital Indonesia is not responsible for changes in the exchange rate fluctuation of the value of digital assets.

  2. Digital trading assets also have additional risks that are not experienced by any other digital asset or commodity in the market. Unlike most currencies are guaranteed by the government or other legal institutions, or by gold and silver, digital asset is a unique digital asset and guaranteed by technology and trust. There is no central bank can control, protect the value of digital assets in a crisis, or print the currency.

  3. Members are encouraged to be careful in measuring the financial situation and ensure that members are willing to face the risks involved in selling, buying, or trading digital assets. Members suggested very personal to do some research before making a decision to trade in digital assets. All trading decisions digital asset is an independent decision by the user knowingly without coercion and release PT. Aset Digital Indonesia on bitcoin trading activities and other digital assets.

  4. PT. Aset Digital Indonesia does not guarantee long-term viability of any bitcoin and digital assets are traded or exchanged in this marketplace.

  5. With regard to the bitcoin mining activities need to be straightened and confirmed that PT Aset Digital Indonesia not conduct mining activities, producing or digital printing assets. Digital assets are created and mined using special software by the miners (miner) are scattered randomly throughout the world and interconnected with technology peer-to-peer network blockchain.

Prohibition

Without prejudice to the provisions concerning prohibitions contained in SKU, then the member is prohibited to do the following things:

  1. Members are not allowed to carry out actions that could result in losses for biido.id or contrary to the SKU and the legislation in force.

  2. If a member violates one or more provisions of these terms, then the member will be solely responsible and hereby agree that for the violations biido.id reserves the right to restrict the use of the service biido.id and members know and agree that biido.id will not give compensation and or liability in any form to members or any party for any risks or consequences arising from restrictions on the use of the service. The next member is obliged to pay compensation to biido.id amount of the loss that may be experienced biido.id for such violations. Members hereby authorize to debit the account biido.id members for payment of indemnification. In the case of funds on account biido.id member is not available or is insufficient, then the member is obliged to return all of the funds in cash to biido.id no later than 7 (seven) days after filing a claim referred biido.id.

Confidentiality

During collaboration with biido.id and at any time thereafter, then:

  1. Any information or data provided by biido.id to members and or data obtained as a member of the implementation of the SKU either granted or conveyed orally, written, graphic or delivered through electronic media or information and or data in other forms during the conversation or during other work is confidential (hereinafter referred to as “Confidential Information”).

  2. Members agree and agree that each time will keep confidential information obtained as the implementation of the cooperation to anyone or not going to use it for the benefit of members or the interests of others without first obtaining written consent from the competent authorities of biido.id authorities know more in accordance with the provisions of applicable law.

  3. If a member violates the provisions referred to in points 1 and 2 ketentutan regarding this secrecy, all losses, claims or lawsuits experienced biido.id is the responsibility of the member completely, and on the first request of biido.id, the member is obliged to complete it in accordance with laws and regulations that apply and provide compensation that may arise as a result of violations to biido.id. Members hereby agree that biido.id will not provide compensation or liability of any kind to the member or any party for any claims or lawsuits that may arise in the future in connection with the violation.

  4. The obligation to keep confidential information referred to in points 1 and 2 ketentutan regarding confidentiality would not apply if:

  5. Confidential information has become available to the general public.

  6. Confidential information was ordered to be opened to satisfy the court order or other governmental agency that is authorized.

  7. The confidential information is supplied in accordance with applicable law.

  8. Member further agrees to make every effort and take any necessary action to avoid third parties to gain access to or result in the disclosure of confidential information.

  9. In terms of co-operation has ended, the members agreed that the obligation to keep confidential documents and materials which constitute confidential information as set out in this provision will remain in force.

Negligence

  1. Members agreed that the definition of Negligence (Wanprestasi) is a matter or event as follows: Negligence (Wanprestasi) When Members negligent in performing any obligation or violate any provision of the SKU. Statement Not True. When it turns out that a statement or guarantee given by a member in SKU - is incorrect or not in accordance with the reality.

  2. In the event of an occurrence of negligence by the 1 provisions of this omission by the member, then biido.id can choose whether to continue or terminate the accounts permanent member. If biido.id wishes to close the account member, then these will have to be notified to the member within a reasonable time by biido.id.

  3. In the event of occurrence of negligence by the member referred to, then biido.id entitled to immediately perform on biido.id member account deactivation without having to make prior notification to the member, and the member hereby agrees that biido.id will not provide compensation or liability of any kind to the member or any party for any claims or lawsuits or claims or demands for damages from any party that may arise in connection with the occurrence of such negligence.

Blocking and The Freezing of Accounts

  1. In order to carry out the precautionary principle, biido.id entitled and members hereby authorize biido.id to block either part or the entire balance member (hold amount) and / or mendebetnya and make stops account, if the following occur:

  2. In the event of termination of your account, members agreed and indicated its willingness to remain tied with SKU discontinue use of the servicebiido.id, entitles biido.id to delete all information and data in biido.id server, and declare biido.id not accountable to members or Third Party for termination of access and deletion of information and data in member accounts.

Intellectual Property Rights

  1. Members acknowledge and agree biido.id as holders of ownership rights over the services, software, technology tools and content, sites, and other materials including Intellectual Property Rights associated with the facility biido.id.

  2. Members are only allowed to view, print and / or download a copy material from the Website for personal and non-commercial use. The whole commercial use need to get permission from PT Aset Digital Indonesia. Any commercial activities without the permission of PT Aset Digital Indonesia interpreted as a violation of intellectual property rights biido.id and lead to the dismissal biido.id account on the member.

Security

Biido.id has implemented security networks and actions as a safety information network against unauthorized access in use, changes and / or account disclosures, with security standards that are in accordance with the provisions of the prevailing laws and regulations. The entry of the party is responsible for access in the use, changes and / or disclosure of accounts from third parties due to negligence and / or errors of the member resulting in the risk borne by the member, then biido.id will not provide compensation and or liability in any form to the member or party any other for any risks, responsibilities and demands that may arise in connection with the negligence / intentions / mistakes of members in providing information.

Force Majeure

  1. Force Majeure Referred to as Force Majeure are events that occur beyond the capabilities and power biido.id that affect the execution of transactions including but not limited to:

  2. Throughout biido.id has been carrying out all its obligations in accordance with the laws and regulations that apply with respect to the occurrence of Force Majeure, then biido.id will not provide compensation or liability in any form to any member or any other party for all risks, responsibilities and any claims that may arise in connection with the delay and can not be implemented due to the obligations of the Force Majeure.

Notification

  1. Members agree to communicate with biido.id in electronic format, and agree that all terms, conditions, agreements, notifications, disclosures or any other forms of communication provided by biido.id to members electronically are considered as written.

  2. Member states agree to receive email from the Website. E-mail sent can contain information about accounts, transactions, systems, promotions and so on.

Settlement of Disputes

Any disputes, disputes or disagreements (hereinafter referred to as the “Dispute”) arising in connection with the implementation of the cooperation will be resolved in the following manner:

  1. That any dispute, to the extent possible, be resolved through deliberation.

  2. Any disputes that cannot be resolved by deliberation will be resolved through the Pengadilan Negeri Jakarta Barat.

Domision of Law

SKU are created, interpreted and enforced under the laws of the Republic of Indonesia. Biido.id and members have agreed to vote the common law's residence and were unchanged in the Office of Pengadilan Negeri Jakarta Barat.

  1. This SKU is subject to and applies based on UU No. 8 of 2010 on Money Laundering and Regulatory Head (PPATK) No.PER-09/1.02.2/PPATK/09/12, No. PER-12/1.02/PPATK/06/13, No. PER-12/1.02.1/PPATK/09/11 and No. PER-02/1.02/PPATK/02/2014 Therefore, all transactions with a nominal value of over IDR 100,000,000 (one hundred million rupiah) are required to report the transaction to the PPATK.

  2. For things that have not been regulated in the SKU, it will apply all the provisions in the draft Civil Code and the provisions of other legislation related.

  3. If biido.id make changes to the contents of this SKU will biido.id notify the amendments to the members in accordance with the legislation in force through the medium of notification is considered good by biido.id and further members will be subject to change in the SKU. Changes every attachment of SKU will be agreed and henceforth is an integral part and an integral part of the SKU.

  4. If a member takes actions beyond the SKU's requirements, the member will be fully responsible and hereby agree that biido.id will not provide compensation and or liability in any form to the member, or any party for any claims and or claims and or claims submitted by another party in connection with the actions taken by the member

  5. Members must comply with all the requirements listed in the SKU. Failure of a member to obey or carry out the contents of a SKU on one or more occasions will not eliminate the member's obligation to continue to fulfill all the requirements contained in the SKU.

  6. Questions about the Terms and Conditions or any other subject, is done through [email protected]

TERM AND CONDITIONS THIS BIIDO.ID MEMBER HAS BEEN ADJUSTED TO TERMS OF LAW REGULATION