KAIT Terms & Conditions
01Introduction and Acceptance
Welcome to KAIT Coin (“KAIT”, “we”, “us”, or “our”).
These Terms and Conditions (“Terms”) govern your access to and use of the KAIT website, including kaitcoin.com, together with any related applications, platforms, digital assets, wallets, staking services, rewards, referral programs, promotional programs, content, products, and other services made available by or in connection with KAIT (collectively, the “Services”).
By accessing, browsing, registering for, purchasing, holding, transferring, staking, receiving, or otherwise using the Services, you confirm that:
- You have read and understood these Terms;
- You agree to be legally bound by these Terms;
- You are legally permitted to use the Services in your jurisdiction; and
- You accept the risks associated with digital assets and blockchain technology.
If you do not agree to these Terms, you must not access or use the Services.
These Terms should be read together with the KAIT Privacy Policy, Risk Disclosure, Cookie Policy, KYC/AML requirements, staking rules, promotional terms, and any other applicable policies or program-specific terms.
02About KAIT
KAIT is presented as a digital/utility token associated with the Kairaa ecosystem and related ecosystem services.
The KAIT website may provide information relating to:
- KAIT token functionality
- Tokenomics
- Blockchain technology
- Supported trading platforms
- Wallets
- Staking
- Rewards
- Referral programs
- Loyalty programs
- Airdrops
- Community programs
- Other ecosystem services
Information provided through the website or Services is intended for general informational purposes.
Unless expressly stated in a separate legally binding agreement, nothing on the KAIT website constitutes:
- An offer to sell securities
- A solicitation to purchase securities
- Financial or investment advice
- A guarantee of profits
- A guarantee of token value
- A guarantee of future performance
- A promise of financial returns
03Eligibility
You may use the Services only if you are legally capable of entering into a binding agreement and are legally permitted to use the Services in your jurisdiction.
You must:
- Meet the minimum legal age applicable in your jurisdiction
- Comply with applicable laws and regulations
- Provide accurate, complete, and current information
- Complete KYC or identity verification where required
- Comply with applicable KAIT program rules
- Not use the Services for unlawful purposes
- Not be located in or subject to a jurisdiction where the Services or relevant digital-asset activities are prohibited
We reserve the right to refuse, restrict, suspend, or terminate access where we reasonably determine that providing the Services may violate applicable law, regulatory requirements, sanctions, compliance requirements, or our internal policies.
04Jurisdictional Restrictions
The availability of KAIT Services may vary by country or jurisdiction.
Certain Services may not be available to users located in jurisdictions where:
- Cryptocurrency or digital-asset activities are prohibited
- The relevant Service requires a license that KAIT does not hold
- Applicable sanctions restrict access
- Regulatory requirements prevent provision of the Service
- KAIT determines that providing the Service presents unacceptable legal or compliance risk
You are responsible for determining whether your use of the Services is lawful in your jurisdiction.
KAIT may use geographic, identity, compliance, or other controls to restrict access to particular Services.
05Digital-Asset and Cryptocurrency Risk
Cryptocurrency and digital assets involve substantial risks.
The value of KAIT and other digital assets may increase or decrease significantly, and you may lose some or all of the value of your digital assets.
By using the Services, you acknowledge that:
- Digital assets may be highly speculative
- Digital-asset prices can be extremely volatile
- Past performance does not guarantee future performance
- KAIT may lose some or all of its market value
- There is no guarantee of liquidity
- There is no guarantee that KAIT will remain listed on any exchange
- There is no guarantee that a market for KAIT will continue
- Blockchain networks may experience delays, congestion, failures, forks, attacks, or upgrades
- Blockchain transactions may be irreversible
- Digital assets may be lost through incorrect transactions or compromised credentials
- Laws and regulations may change
- Regulatory changes may affect the availability or use of KAIT
- Technical failures may result in partial or complete loss of digital assets
You are solely responsible for assessing whether digital assets are appropriate for you.
06No Investment or Financial Advice
Nothing contained on the KAIT website or within the Services constitutes financial advice, investment advice, legal advice, tax advice, accounting advice, trading advice, or any other professional advice.
Any reference to potential rewards, staking, returns, token appreciation, ecosystem growth, future developments, market opportunities, or projected benefits is not a guarantee of financial performance.
You should conduct your own independent research and obtain professional advice before making decisions involving digital assets.
07KAIT Token
KAIT is described as a utility token associated with the Kairaa ecosystem and may be used for certain supported functions, including:
- Ecosystem activities
- Rewards
- Referral programs
- Loyalty programs
- Staking
- Promotional activities
- Other supported functions
The functionality and availability of KAIT may change due to technical upgrades, ecosystem development, security considerations, market conditions, regulatory requirements, legal requirements, or other operational considerations.
Unless expressly stated in a separate legally binding agreement, ownership of KAIT does not provide:
- Ownership of KAIT or Kairaa's operating company
- Equity or shareholder rights
- Voting rights in an operating company
- Guaranteed income
- Guaranteed profits
- Guaranteed returns
- Guaranteed redemption value
- Ownership of underlying company assets
08Token Supply and Tokenomics
The KAIT website currently describes a total token supply of 1,000,000,000 KAIT and may provide information regarding token allocation and distribution.
Token-related information may include:
- Total supply
- Circulating supply
- Allocation
- Distribution
- Vesting
- Token release schedules
- Ecosystem allocations
- Other tokenomics information
Tokenomics, allocation mechanisms, distribution schedules, circulating supply, and other token-related information may be modified where permitted by applicable law and applicable ecosystem governance or operational requirements.
Users should rely on the latest officially published KAIT information rather than historical website content.
09Buying and Trading KAIT
KAIT may be made available through supported exchanges, trading platforms, wallets, or other digital-asset services. The KAIT website identifies Koinnation Exchange as a supported exchange.
Trading digital assets involves significant risk. KAIT does not guarantee:
- Any particular purchase price
- Any particular selling price
- Market liquidity
- Trading volume
- Continuous availability
- Profitability
- Exchange availability
- Future market performance
- The continued listing of KAIT on any particular platform
Exchange transactions may be subject to separate terms, fees, KYC requirements, withdrawal limits, trading restrictions, maintenance periods, market rules, and other conditions imposed by the relevant exchange.
10Wallet Services
Where wallet or custodial services are provided, digital assets may be held, processed, or managed through infrastructure operated by KAIT, Koinnation Exchange, or an applicable third-party service provider.
Users are responsible for protecting:
- Passwords
- Authentication credentials
- OTPs
- Two-factor authentication
- Recovery information
- Wallet credentials
- Private keys
- Seed phrases
- Other security credentials
You must immediately notify the relevant support team if you suspect unauthorized access to your account.
KAIT will never request your private key or seed phrase through unsolicited communications. To the maximum extent permitted by law, KAIT will not be responsible for losses resulting from your failure to protect your credentials.
11Blockchain Transactions
Blockchain transactions are generally processed through decentralized networks that may not be controlled by KAIT.
You acknowledge that:
- Transactions may be irreversible
- Network fees may apply
- Confirmation times may vary
- Transactions may remain pending
- Transactions may fail
- Incorrect wallet addresses may result in permanent loss
- Unsupported networks may result in permanent loss
- Unsupported tokens may result in permanent loss
- Blockchain upgrades may affect transactions
- Blockchain forks may affect assets or transactions
- Network attacks may affect availability
- Blockchain failures may affect transaction processing
You are solely responsible for verifying the following before confirming a transaction:
- Destination wallet address
- Blockchain network
- Token type
- Transaction amount
- Applicable network fee
- All other transaction details
KAIT may not be able to reverse, recover, cancel, or modify blockchain transactions once submitted to a network.
12Network Fees and Transaction Costs
Blockchain networks may impose transaction fees, gas fees, network fees, or similar charges.
Such fees may vary depending on blockchain network conditions, transaction size, network congestion, validator requirements, network configuration, and other technical factors.
Users are responsible for applicable network fees unless expressly stated otherwise. KAIT does not guarantee any particular network fee or processing time.
13Staking
Where KAIT staking services are made available, participation is subject to the applicable staking program rules.
Staking may be subject to:
- Minimum staking amounts
- Staking periods
- Lock-up periods
- Maturity periods
- Reward calculations
- Eligibility requirements
- Withdrawal conditions
- Network conditions
- Account status
- KYC requirements
- Other applicable program rules
Staking does not constitute a guarantee of profit or investment return unless expressly provided under a separate legally binding agreement.
Displayed reward rates or reward amounts may be subject to change according to the applicable program rules. KAIT reserves the right, where permitted by law, to modify, suspend, or discontinue staking programs.
14Staking Rewards
Any staking reward displayed by KAIT is subject to the applicable staking program.
Reward calculations may depend on factors including:
- Amount staked
- Staking period
- Eligibility
- Program rules
- Account status
- Applicable network conditions
- Reward pool availability
- Other applicable conditions
Rewards may be delayed, adjusted, withheld, or reversed where a technical error occurs, fraudulent activity is detected, program rules are violated, an account is subject to compliance restrictions, the reward was incorrectly calculated, or applicable law requires such action.
15Referral, Reward and Promotional Programs
KAIT may introduce referral programs, community rewards, loyalty programs, campaigns, bonuses, promotional programs, airdrops, and other ecosystem incentives.
Participation may be subject to separate eligibility requirements and program-specific terms.
KAIT may, where permitted by law:
- Modify a program
- Suspend a program
- Discontinue a program
- Reject a participant
- Reverse rewards
- Correct calculation errors
- Withhold rewards associated with fraudulent activity
- Restrict accounts involved in abuse or manipulation
Referral rewards must not be represented as guaranteed income, guaranteed profits, or guaranteed investment returns.
16Airdrops
KAIT may conduct airdrops or token-distribution campaigns from time to time.
Eligibility may depend on account status, jurisdiction, KYC completion, wallet status, holding requirements, staking activity, campaign rules, eligibility criteria, and other conditions.
Participation in a campaign does not guarantee receipt of an airdrop. Airdrop-specific terms may be published separately and will form part of the applicable agreement.
17Account Registration
Where account registration is required, you agree to provide accurate, complete, and current information.
You must not:
- Create an account using false information
- Impersonate another person
- Use another person's account without authorization
- Provide fraudulent documents
- Misrepresent your identity
- Create accounts for unlawful purposes
You are responsible for maintaining the accuracy of your account information.
18KYC, AML, CTF and Sanctions Compliance
Where required, users must complete applicable Know Your Customer (KYC), Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), sanctions screening, fraud prevention, and other regulatory compliance procedures.
We may request additional information or documentation where reasonably necessary.
We may suspend, restrict, reject, or terminate an account where:
- KYC cannot be completed
- Information is inaccurate
- Suspicious activity is detected
- AML/CTF concerns arise
- Sanctions requirements apply
- Fraud is suspected
- Legal requirements require action
- A regulator or competent authority directs us to act
We are not required to disclose information where doing so would violate applicable law or compromise a regulatory, fraud, or security investigation.
19Prohibited Activities
You must not use the Services to:
- Conduct unlawful activities
- Commit fraud
- Launder money
- Facilitate terrorist financing
- Circumvent sanctions
- Manipulate markets
- Engage in fraudulent trading
- Use stolen funds or digital assets
- Impersonate another person or organization
- Obtain unauthorized access to systems or accounts
- Introduce malware or malicious code
- Interfere with the operation or security of the Services
- Exploit technical vulnerabilities
- Create multiple accounts to circumvent restrictions
- Manipulate referral programs
- Manipulate staking programs
- Manipulate rewards
- Manipulate airdrops
- Use bots or automated systems in violation of applicable rules
- Engage in abusive or deceptive practices
- Infringe intellectual-property rights
- Violate another person's privacy
- Use the Services for illegal gambling or other prohibited activities where applicable
- Violate applicable tax, financial, sanctions, AML, or other laws
- Assist another person in engaging in any prohibited activity
We may take appropriate action against accounts involved in prohibited activities.
20Market Manipulation and Abusive Activity
Users must not engage in conduct intended to artificially manipulate the price, liquidity, volume, or availability of KAIT or any related digital asset.
Prohibited conduct may include, where applicable:
- Wash trading
- Deceptive trading
- Coordinated manipulation
- Fraudulent orders
- Spoofing
- Misleading market activity
- Artificial volume generation
- Abuse of promotional programs
- Other conduct prohibited by applicable law or platform rules
Where we reasonably suspect prohibited activity, we may investigate and take appropriate action.
21Website Content
The KAIT website may contain text, graphics, logos, designs, photographs, videos, documentation, token information, educational content, technical information, and other materials.
Such content is generally provided for informational purposes.
We make reasonable efforts to maintain accurate information but do not guarantee that all information will always be complete, accurate, current, uninterrupted, error-free, or suitable for a particular purpose.
Information may be changed, corrected, updated, or removed without prior notice where permitted by law.
22Intellectual Property
Unless otherwise stated, intellectual-property rights relating to the KAIT website and its content are owned by, licensed to, or otherwise lawfully used by KAIT, Koinnation, or the applicable rights holder.
This may include trademarks, logos, branding, designs, software, text, graphics, photographs, videos, documentation, website layouts, and other materials.
Except where permitted by applicable law or with prior written authorization, you must not:
- Reproduce protected KAIT content
- Modify protected KAIT content
- Distribute protected KAIT content
- Publish protected KAIT content
- Transmit protected KAIT content
- Sell protected KAIT content
- License protected KAIT content
- Commercially exploit protected KAIT content
- Create derivative works from protected KAIT content
23Third-Party Services
The Services may contain links or integrations to third-party exchanges, wallets, blockchain explorers, payment services, websites, applications, analytics providers, service providers, and other platforms.
Third-party services are governed by their own terms and privacy policies.
KAIT does not control and does not guarantee the availability, security, accuracy, legality, functionality, performance, or reliability of third-party services.
Your use of third-party services is at your own risk.
24Third-Party Exchanges and Custodians
Where KAIT is available through a third-party exchange, wallet, or custody provider, that provider may independently establish account requirements, KYC requirements, fees, withdrawal limits, transaction rules, custody arrangements, security requirements, trading restrictions, and other conditions.
KAIT is not responsible for the independent operations, policies, security, or failures of third-party platforms except to the extent required by applicable law.
25Security
We implement reasonable technical and organizational measures designed to protect the Services and information processed through them.
However, no website, application, database, blockchain, wallet, storage system, network, or internet transmission can be guaranteed to be completely secure.
You acknowledge the inherent security risks associated with internet-based and blockchain-based Services.
26Account Suspension and Termination
We may suspend, restrict, freeze, or terminate access to some or all Services where permitted by applicable law, including where:
- You violate these Terms
- You violate applicable law
- Fraudulent activity is suspected
- Abuse is suspected
- Security risks exist
- KYC requirements cannot be satisfied
- AML/CTF concerns arise
- Sanctions restrictions apply
- Unauthorized activity is suspected
- A regulator or authority requires action
- Technical or cybersecurity incidents require suspension
- A Service is discontinued
- Continued access presents legal, operational, or security risks
Where legally permissible, we may provide notice regarding suspension or termination.
Certain restrictions may be applied without prior notice where immediate action is reasonably necessary for legal, security, fraud-prevention, or regulatory reasons.
Termination does not affect rights or obligations that accrued before termination.
27Effect of Account Restriction
If an account is suspended or restricted, access to certain Services, transactions, withdrawals, rewards, staking, or other features may be limited.
Where legally permitted, we may review the relevant account and determine appropriate next steps.
We are not required to provide information that would compromise fraud investigations, security procedures, regulatory investigations, law-enforcement investigations, or compliance monitoring.
28Limitation of Liability
To the maximum extent permitted by applicable law, KAIT and its affiliates, officers, directors, employees, representatives, contractors, and service providers shall not be liable for losses arising from or relating to:
- Cryptocurrency price fluctuations
- Loss in digital-asset value
- Blockchain network failures
- Incorrect wallet addresses
- Unsupported networks
- Unsupported tokens
- Lost credentials
- Compromised credentials
- Unauthorized account access
- Cyberattacks
- Technical failures
- Market disruptions
- Exchange outages
- Third-party services
- Regulatory changes
- Network congestion
- Forks
- Blockchain attacks
- Internet failures
- Telecommunications failures
- Force-majeure events
- Other events beyond our reasonable control
To the maximum extent permitted by law, KAIT shall not be liable for indirect, incidental, special, consequential, exemplary, or punitive damages arising from your use of the Services.
Nothing in these Terms excludes or limits liability that cannot legally be excluded or limited under applicable law.
29No Guarantee of Service Availability
We do not guarantee that the Services will always be available, operate without interruption, be error-free, be free of security vulnerabilities, remain available in every jurisdiction, support every blockchain network, support every wallet, maintain a particular token price, or remain available indefinitely.
Services may be temporarily unavailable due to maintenance, upgrades, technical problems, cybersecurity incidents, network congestion, regulatory requirements, third-party failures, or other circumstances.
30Indemnification
To the extent permitted by applicable law, you agree to indemnify and hold harmless KAIT, its affiliates, officers, directors, employees, representatives, contractors, and service providers from claims, losses, liabilities, damages, costs, and expenses arising from:
- Your violation of these Terms
- Your unlawful use of the Services
- Your violation of applicable law
- Your misuse of digital assets
- Your infringement of third-party rights
- Fraudulent activity
- Unauthorized activity
- Your violation of program rules
- Your negligent or intentional misconduct
31Taxes
You are solely responsible for determining and fulfilling your tax obligations arising from purchasing, selling, holding, or staking KAIT, receiving rewards, receiving referral benefits, receiving airdrops, transferring digital assets, or otherwise using the Services.
Tax treatment of digital assets varies by jurisdiction and may change.
KAIT does not provide tax advice. You should obtain independent tax advice where appropriate.
32Privacy
Your use of the Services may involve the collection and processing of personal information.
Personal information will be handled in accordance with the applicable KAIT Privacy Policy.
You should review the Privacy Policy before providing personal information or using Services that require personal-data processing. The Privacy Policy forms part of the overall contractual framework governing the Services to the extent permitted by applicable law.
33Data and Blockchain Transparency
You acknowledge that blockchain networks may publicly record information such as wallet addresses, transaction hashes, transaction amounts, timestamps, and token transfers.
Once information is recorded on a public blockchain, it may be impossible or technically impractical to remove or modify it. You should consider the privacy implications of every blockchain transaction before confirming it.
34User Responsibilities
You are responsible for:
- Reviewing these Terms
- Complying with applicable laws
- Protecting your account
- Verifying transactions
- Checking wallet addresses
- Checking blockchain networks
- Maintaining accurate account information
- Completing required KYC
- Paying applicable taxes
- Maintaining appropriate security measures
- Understanding the risks of digital assets
- Independently evaluating whether the Services are appropriate for you
35Errors and Corrections
Although we seek to maintain accurate Services, technical or administrative errors may occur.
Where permitted by law, we may correct calculation errors, correct incorrect reward allocations, correct displayed information, reverse improperly credited rewards, suspend affected transactions, investigate technical errors, and take reasonable corrective action.
We will seek to handle material errors fairly and in accordance with applicable law.
36Force Majeure
KAIT shall not be responsible for delays, interruptions, or failures caused by circumstances beyond our reasonable control, including:
- Natural disasters
- War
- Terrorism
- Government action
- Regulatory changes
- Sanctions
- Internet failures
- Cyberattacks
- Blockchain network failures
- Power outages
- Telecommunications failures
- Pandemics
- Labor disruptions
- Infrastructure failures
- Third-party service failures
- Other events beyond our reasonable control
37Changes to These Terms
We may modify these Terms from time to time. Changes may be made due to changes to the Services, new features, technical developments, regulatory requirements, legal changes, security requirements, business changes, or other legitimate operational reasons.
The updated Terms will be published on the applicable website. Unless otherwise stated, updated Terms become effective when published.
Where applicable law requires additional notice or consent, we will provide such notice or obtain such consent.
Your continued use of the Services after the effective date of revised Terms constitutes acceptance of the revised Terms to the extent permitted by applicable law.
38Governing Law and Jurisdiction
These Terms shall be governed by and interpreted in accordance with the laws of:
[Insert Applicable Jurisdiction]
Any dispute arising from or relating to these Terms or the Services shall be subject to:
[Insert Courts / Arbitration / Dispute Resolution Mechanism]
The final governing law, jurisdiction, arbitration provisions, and dispute-resolution mechanism must be confirmed by qualified legal counsel based on the actual legal entity operating KAIT and the jurisdictions in which KAIT provides Services.
Nothing in this section limits any mandatory rights available to a consumer or user under applicable law.
39Dispute Resolution
Before commencing formal proceedings, users are encouraged to contact KAIT and attempt to resolve disputes through good-faith discussions.
Where applicable, disputes may be handled through the dispute-resolution mechanism specified in the final governing-law section or applicable Service-specific terms.
Nothing prevents KAIT from seeking urgent legal or equitable relief where necessary to protect intellectual property, confidential information, cybersecurity, digital assets, users, systems, or legal rights.
40Severability
If any provision of these Terms is found to be invalid, illegal, or unenforceable, that provision shall be modified or removed only to the minimum extent necessary.
The remaining provisions shall continue in full force and effect.
41No Waiver
Failure by KAIT to enforce any provision of these Terms does not constitute a waiver of our right to enforce that provision in the future.
Any waiver must be expressly provided by KAIT and, where required, in writing.
42Assignment
You may not assign or transfer your rights or obligations under these Terms without our prior written consent where such consent is required.
KAIT may assign or transfer its rights and obligations in connection with a merger, acquisition, restructuring, sale of assets, corporate reorganization, financing transaction, or transfer of the relevant Services, subject to applicable law.
43Entire Agreement
These Terms, together with the KAIT Privacy Policy, Risk Disclosure, Cookie Policy, KYC/AML requirements, staking terms, referral terms, airdrop terms, promotional terms, and other applicable Service-specific terms constitute the agreement governing your use of the relevant Services, except where a separate written agreement expressly applies.
If there is a conflict between these Terms and specific program terms, the specific program terms may control for that particular program to the extent expressly stated.
44No Partnership or Agency
Nothing in these Terms creates a partnership, joint venture, agency relationship, employment relationship, fiduciary relationship, or franchise relationship between you and KAIT unless expressly agreed in writing.
You have no authority to bind KAIT or represent that you have authority to act on behalf of KAIT.
45Survival
Provisions that by their nature should survive termination shall continue after termination of these Terms.
This includes, where applicable, intellectual property, limitation of liability, indemnification, taxes, dispute resolution, governing law, confidentiality obligations, and other provisions intended to survive termination.
46Contact Us
If you have questions regarding these Terms or the Services, please contact:
For legal, compliance, privacy, or grievance matters, please use the appropriate contact details published by KAIT.
47Official Communications and Security Warning
Users should rely only on official KAIT communication channels.
KAIT will not ordinarily request private keys, seed phrases, wallet recovery phrases, passwords, OTPs, two-factor authentication codes, or other confidential security credentials through unsolicited communications.
Users should independently verify website addresses, applications, wallet addresses, transaction details, and communications before taking action. KAIT is not responsible for losses caused by users sending digital assets to fraudulent or unauthorized addresses or third parties, except where liability cannot legally be excluded.
48Acceptance
By accessing or using the KAIT website or Services, you confirm that:
- You have read and understood these Terms;
- You agree to comply with these Terms;
- You understand the risks associated with cryptocurrency and digital assets;
- You are legally permitted to use the Services;
- You will comply with applicable laws and regulations;
- You accept responsibility for your transactions and activities;
- You understand that blockchain transactions may be irreversible; and
- You understand that digital-asset values may fluctuate substantially and that you may lose some or all of your assets.
By using the KAIT website and Services, you confirm that you have read, understood, and agreed to these Terms and Conditions.