Terms

DEPOSIT AND WITHDRAWALS

Deposits:

Fund your investment account with the minimum investment unit amount for any of your chosen investment/cryptocurrency portfolio.This will enable trading on your investment account and earn allocated profits at the confirmation of such deposits. The Client may deposit funds into the Investment Account at any time during the course of this Agreement. Deposits will be made via the methods accepted by the Company from time to time. The Company will not accept third party or anonymous payments in the Client Account. Deposits for different Investment accounts and any other deposits will, unless otherwise agreed or specified by us, be required in the Currency of the Investment Account. We shall not, and you shall not request us to, convert any monies standing to your credit or which have been deposited by you into your Investment Account. The detailed information about deposit options is shown on the Website. If the Client makes a deposit, the Company shall credit the relevant Investment Account of the Client with the deposited amount. There are no deposit fees. If the funds sent by the Client are not deposited in the Investment Account when they were supposed to, the Client shall notify the Company and this will be sorted out when the transaction identity for the deposit has been sent to the company for review and checked.

Withdrawals:

Irrespective of the nature and form of any withdrawal request, whether initiated by you or otherwise, CryptoTorrent reserves the right to process and send withdrawals in your account. In the course of processing and sending any withdrawals in Cryptocurrency, CryptoTorrent may be required to share your Client information with other contractual third parties. You hereby irrevocably grant full permission and authority for CryptoTorrent to share this information with such contractual third parties and release CryptoTorrent from any liability, error, mistake, or negligence related thereto. There are absolutely no charges when you make deposits or withdrawals from your investment account. Withdrawal requests submitted before Tuesday, will be processed on the same business day, while withdrawal requests submitted after the time would be made on the next business day. Mistakes made by the Company during transfer of funds shall be refunded to the Client. It is understood that should the Client provide wrong instructions for a transfer, the Company may be unable to correct the mistake and the Client may have to bear the loss.

INVESTMENT

All investments must complete the investment duration and all invested clients would adhere to the company's investment laws. Return of all capital investment will be after 250 days investment period.

In any case, the company is guaranteeing investors' investment. The company never promises a fixed percentage to the investor. The amount to be paid will be determined by the company's own accounting branch, and the company retains sole authority in this regard.

The company considers the affiliates working in the company as its partners. So the company has a system of paying a certain portion of its own dividends as their income. So, all kinds of affiliation income have been kept in excellent variation. Not all percentages are fixed here. Percentages are determined according to the company's own policy.

REGISTRATION

In order to use our Investment Services, you must open an account with us by providing personal details, including identity documents, as Registration Data. After you fill in and submit the Investment Account Opening Application Form, we will send you a notice informing you whether you have been accepted as a Client of the Company. You agree and undertake to: Notify us of any changes to your personal and financial information, provide true, accurate, current and complete Registration Data as prompted by the registration process; maintain and promptly update the Registration Data to keep it accurate, current and complete by emailing any changes to info@cryptotorrent.com; and ensure that you log out from your Investment Account at the end of each session on the Website; We may carry out credit and other checks from time to time as we deem appropriate. Your Registration Data or other information may be used in the prevention of money laundering as well as for the management of your account.

You authorize us to use your Registration Data and other information to perform the above checks in relation to your application process; In the event we become aware of any illegal activity, impropriety in the Registration Data or failure of any due diligence requirement, we may freeze your account. Should such an event occur we may not be in a position to release funds and may not be able to carry out subsequent instructions from you.

Once Accessed into your Investment account, you authorize us to rely upon any information or instructions set forth in any data transmission using your Registration Data, without making further investigation or inquiry, and regardless of the actual identity of the individual transmitting the same. Without limitation of the foregoing, we have no responsibility for transmissions that are inaccurate or not received by us, and we may execute any Transaction on the terms actually received by us. The Company may collect Client information directly from the Client (in his completed Investment Account Opening Application Form or from his use of the Website otherwise). Client information which the Company holds is to be treated by the Company as confidential and will not be used for any purpose other than in connection with the administration of the provided Investment Services, statistical purposes and for marketing purposes. Information already in the public domain, or already possessed by the Company without a duty of confidentiality will not be regarded as confidential

ACCOUNT

In the event that we accept you as our Client we shall open an Investment Account, which will allow you to earn profits from your investment and monitor your account progress. You are responsible for ensuring that your Account Credentials remain confidential and for taking such other precautions as may be necessary to ensure they cannot be used by any person other than you or your authorized representative and making sure that a third party is not provided access to your computer. You must notify us immediately if you become aware that your Investment Account Credentials have in any way becomes compromised or if any third party may be able to access your investment account.

The use of your Investment Account Credentials by any third party is expressly prohibited. If we believe that there is likely to be a breach of security we may require you to change your Account Credentials or suspend your access to your Investment account. We reserve the right to edit, amend or issue you with new Investment Account Credentials or require a change of your Investment Account Credentials at any time by giving notice to you. You are responsible for ensuring that you alone control access to your Investment Account Credentials, and that no minor or other person is granted access to your Investment account using your Investment Account Credentials. You acknowledge that you are ultimately and solely responsible for all actions on your Investment Account through your Registration Data including any unauthorized disclosure of your Investment Account Credentials.

You undertake to immediately notify us orally or in writing if you become aware of any loss, theft or use by any other person or entity other than you, of any of your Investment account Registration Data, including your Investment Account Credentials. We will then take steps to prevent any further use of such Investment Account Credentials and will issue replacement Investment Account Credentials. You acknowledge that we bear no responsibility if unauthorized third persons gain access to information, including electronic addresses, electronic communication, personal data and Account Credentials when the above are transmitted between the parties or any other party, using the internet or other network communication facilities, post, telephone, or any other electronic means. You shall indemnify, defend, and hold us harmless from any claim, proceeding, loss or damages based upon any use, misuse, or unauthorized use of your Investment Account Credentials. In order to access the Investment account, you will be asked to enter your provided Investment Account Credentials which are confidential and shall be used solely by you.

SAFEGUARDING CLIENTS INVESTMENT

80% of all our Clients Investment is held in our secured Cold storage. All Cryptocurrency that CryptoTorrent trade and hold online is fully Insured. This means that if Crypto Investment were to suffer a breach or hack of its online storage, the insurance policy would pay out to cover any customer funds lost. The insurance policy covers any losses resulting from a breach or hack of CryptoTorrent physical security, cyber security, or by employee theft. CryptoTorrent holds about 20% of Clients funds online solely for trading purposes. It is understood that the Company may hold all Client's investment together in a secure offline or cold storage.

INTELLECTUAL PROPERTY RIGHTS

The Website, and all the information and graphic representations or images on it (“Content”), are owned by, or licensed to, CryptoTorrent. The copyright and all other intellectual property rights in the Content are the sole and exclusive property of the CryptoTorrent. You may view the Website on your computer screen and print its contents on your printer for your personal and non-commercial use only. For the avoidance of doubt, anything printed will form part of the Content. Without the written consent of CryptoTorrent, you may not use, transfer, copy or reproduce any part of the Content, the Website or its source HTML code in whole or in part, in any form or by any means, electronic, mechanical or otherwise, except for the sole purpose of viewing its content. This includes electronic reproduction by uploading or downloading.

PRUDENTIAL GUIDLINES FOR AGENT OF CRYPTOTORRENT

An agent is an autonomous program that is able to survive by selling services for Cryptotorrent. Agents that are profitable enough may replicate themselves by spawning additional instances on other traders.

Agents interact with the Cryptotorrent and traders via the following mechanisms -

Network:-

AGENT that allows for transactions, and then controlling the traders' withdrawals. It may even be that AGENT finds themselves working for the affiliation. because they need the money, rather than programs working for the traders. Being a peer rather than a tool is what distinguishes a program that uses Agent from a Cryptotorrent.

If a better deal is found, the agent can move.

Agents can expose their services to humans (or other agents) by their Account ID. If the agent has only Bitcoins it can use peer-to-peer exchanges to atomically trade Bitcoins.

Agents can improve themselves by purchasing the services of humans and using dispute mediators to give the humans some assurance the coins will be paid upon completion of the contract.

To be truly autonomous, an agent should need to trust nobody (and nothing). But to make a trade you often need some assurance that the other side will behave as expected. People rely on the law to enforce contracts, but agents have no such recourse. Whilst clever protocols can configure incentives to ensure co-operation in some cases, trusted computing can be used to provide this assurance in the general case.

PART I: PRELIMINARY

1. Short Title:

These guidelines may be called the “Prudential Guidelines for Agent ”.

2. Interpretations:

As used in these Guidelines, the following terms shall have the meanings indicated below unless the context clearly indicates otherwise:

2.1. “Agent” means master agent, and/or unit agent.

2.2. “Agent ” means the business of providing services through the agent’s network

2.3. “Agent ” means an entity that will work independently as an unit agent or under the supervision of a Master Agent.

2.4. “Master Agent” means an entity having under a minimum of ten.

PART II: STATEMENT OF POLICY

3. Purpose

The agent is a system of providing limited-scale business services to the others traders through engaged agents under a valid agency agreement, rather than a teller/cashier.

Purposes of these Guidelines include:

3.1. Establish agents as a channel for delivering smoth services in a cost-effective manner;

3.2. Outline activities that can be carried out by an agent as well as provide a framework for offering branchless banking services;

3.3. Increase outreach of the Agent services and promote financial inclusion within a safe and sound financial system environment.

3.4. Serve as a set of minimum standards of data and network security, the customer.

PART III: AGENT OPERATION APPROVAL PROCESS

4. Engagement in Agent Banking Activity

4.1. The agent willing to offer Agent services through agent operation shall obtain prior approval from cryptotorrent.net amd cryptotorrent.io

cryptotorrent.net shall ensure that all policies and procedures relating to its agent activity are in place.

4.2. cryptotorrent.net will assess the agency's overall performance as well as specific performance, valuate the agent's capacity to conduct agent.

4.3. Agent shall commence its agent operation within 3 (three) months of getting approval from cryptotorrent.net.

Department (BRPD) and Financial Inclusion Department (FID) of Bangladesh Bank.

PART IV: AGENCY CONTRACT AND PERMISSIBLE ACTIVITIES

5. Establishment of Agency Relationship

5.1. cryptotorrent.net may provide agency services through an agent.

5.2. cryptotorrent.net shall enter into a contract with each juristic person for the provisionon its behalf of any agency services specified in these Guidelines and issue a letter of approval for conducting agent .

5.3. Any contract entered into between cryptotorrent.net and an agent shall comply with these Guidelines and any other relevant laws in force.

6. Structure of Agent :

cryptotorrent.net structured its agent services according to its business strategies-following combination of the following structures:

6.1. Master Agent-In this structure agent may enter into contract with an entity , either owned or otherwise engaged legally by it, willing to operate agent services in the outlets as Master Agent.

Guidelines

6.2. Agent: Agent may enter into contract with eligible entity willing to provide agent services exclusively in one outlet only. Unit agent(s) must fulfil the criteria.

10.Eligibility for an Entity to become an Agent:

10.1. An entity should fulfil the following conditions to be eligible for entering into contract with Cryptotorrent.

10.1.1. It should be a juristic person;

10.1.2. Agent shall not be in ultra vires to the parent, statute, memorandumand articles of association or other constitutive document or objects of the juristic person; and

10.1.3. The agent, in the case of a proprietorship, or the agent’s directors, significant shareholders, and/or senior officers, as the case may be, is fit and proper.

10.2.1. It shall be an entity having multiple branch offices or outlets, either owned or otherwise engaged legally by it.

10.2.2. If the entity is a private sector organization, it shall possess a business license or permit for any lawful business activity.

10.2.3. The owner or manager of the entity or the juristic person shall possess at least 1 (one) year of experience in the related field.

10.2.4. It shall be carrying out the business activity on an ongoing basis.

10.2.5. It shall possess managerial, financial and technical expertise for managing agent banking outlets in addition to its regular operations.

10.2.6. It shall have willingness and capacity to invest in managing liquidity, risk management, security management and continuous capacity development of agent outlets of Cryptotorrent.

10.2.7. In cases where the master agent provides agent banking services through third-party outlets, which are engaged legally, the outlets and outlet owners/managers shall fulfill the eligibility criteria for the unit agent.

10.3. Eligibility for Unit Agent:

10,3.1: Must have the ability to keep a $100,000.00 deposit for security!

Benefits of Security Deposit:

10,3.1: Security Deposit Benefits:

10,3.1: a. Up to 2% will be received from the investment of all the investors associated with the agent.

10,3.1: b. Up to 2% will be received on the withdrawal amount of all concerned.

10,3.1: c. Receive up to 1% of global investment every three months.

10,3.1: d. Receive 3% of annual profit share!

10,3.1: e. Up to 5% per month from the income of all subordinate agents.

10,3.1: f. Opportunity to invest in the company's own coins / tokens.

10,3.1: g. Provide banking facilities!

10.3.2. The owner or manager of the entity or the juristic person shall possess at least 1 (one) year of experience in the related field.

10.3.3. It shall be carrying out the business activity on an ongoing basis.

10.3.4. It shall possess managerial, financial, and technical expertise for managing agent outlet of crytotorrent in addition to its regular operations.

10.3.5. It shall have willingness and capacity to invest in managing liquidity, risk management, security management, and continuous capacity development.

10.4. Eligibility for Support Service Provider:

10.4.1. It shall have a valid business license or permit for any lawful business.

10.4.2. It shall be carrying out the business activity on an ongoing basis.

10.4.3. It shall possess managerial, financial, and technical expertise for managing the support service(s) it is contracted for.

10.4.4. It shall possess at least 1 (one) year of experience in the related field.

10.4.5. Selection of support service providers should follow the outsourcing guidelines of Cryptotorrent.

11.Non Eligibility

11.1. Out of Cryptotorrent persons as defined in section 26M of the Crypto Act, 2014.

Cryptotorrent officials will not be eligible to become an agent in the same position in the company within 1(one) year of his/her retirement or resignation.

11.2. Defaulters with any transactions or financial institution.

11.3. Bankrupts.

11.4. Convicted by a court of law, up to 3 (three) years after completion of sentences or penalties.

11.5. Under investigation for any criminal charges.

11.6. Under investigation or convicted of money laundering or terrorist financing

12. Permissible Activities of an Agent An agent may provide any of the following services as may be specifically agreed between it and the Cryptotorrent:

12.1. Instant deposit and Instant withdrawal;

12.2. Collections of withdrawals.

12.3. Transfer of funds;

12.4. Balance inquiry;

12.5.Generation and issuance of mini bank statements;

12.6.Collection of documents in relation to accounts;

13. Prohibited Activities

An agent shall not:

Failure/error in the system;

13.1. Carry out a transaction when a transactional receipt or acknowledgment cannot be generated;

13.2. An agent will never have a withdrawal pending!

13.3. Charge customers directly any fee beyond banks’ prescribed fees;

13.4. Offer any type of guarantee in favor of any customer;

13.5. Offer agent services on its own accord (provide agent services on its own account similar to those provided by it under an agency contract) or offer services that the principal is not authorized to offer;

13.6. Continue with the agency business when it has a criminal record or disciplinary case involving fraud, dishonesty, or any other financial impropriety;

13.7. Provide, render, or hold itself out to be providing or rendering any financial service which is not specifically permitted in the contract;