STR TOKEN OTC
TERMS & CONDITIONS
Validity Period: Applies to the Official SourceLess OTC Window from December 6 to December 20.
- Introduction
These Terms and Conditions (“Terms”) govern your participation in the SourceLess STR Token Over-the-Counter (OTC) process.
By submitting the OTC registration form, you acknowledge that you have read, understood, and fully agreed to these Terms.
If you do not agree to these Terms, you must not proceed with the OTC registration.
- Definitions
- “STR Token” – the official digital asset of the SourceLess ecosystem.
- “OTC Window” – the limited period during which token holders may apply for OTC processing.
- “Participant” – any individual who submits the OTC registration form.
- “SourceLess” / “The Company” – the entity managing the STR token ecosystem.
- Eligibility Requirements
To participate in the OTC process, you must meet all the following conditions:
- You must hold STR tokens purchased or received exclusively through official SourceLess channels or authorized addresses.
- You must have full and direct access to the blockchain wallet containing your STR tokens.
- You must provide accurate, verifiable, and complete information in the registration form.
- You must submit the form within the official OTC registration period.
- You must agree to these Terms and the Privacy Notice.
Failure to meet any eligibility requirement may result in refusal of the application.
- Registration Period
- The OTC registration window is open from December 6 to December 20 (midnight).
- Registrations submitted after the deadline will not be accepted.
- Verification & Processing
- After the registration window closes, SourceLess will review all submissions.
- Processing and validation may take up to 15 days from December 20.
- During this stage, SourceLess may:
- Request additional documents or clarifications
- Perform identity or wallet ownership checks
- Validate token origins and transaction histories
Failure to provide requested follow-up information may result in rejection.
- Token Origin & Validity Check
To protect the integrity of the ecosystem, SourceLess will verify:
- The origin of the STR tokens
- Whether the tokens were obtained legally and through approved channels
- Whether the wallet is eligible for the OTC process
- Whether the amount submitted matches the on-chain balance
Any tokens acquired through unauthorized, fraudulent, or unverified sources will not be accepted.
SourceLess reserves the right to disqualify applicants where token origins cannot be verified.
- Accuracy of Information
By submitting the form, you confirm that:
- All information provided is true, accurate, and complete
- You are the legal owner of the wallet and tokens
- You accept full responsibility for the correctness of the data submitted
Providing false or misleading information may lead to rejection and possible exclusion from future OTC processes.
- No Guarantee of Acceptance
Submitting an OTC registration does not guarantee approval.
Applications will be approved only if all requirements are met and validation is successful.
SourceLess reserves the right to decline any application without providing specific reasons, especially where compliance, regulatory concerns, or token origin issues arise.
- No Refunds or Reversals
- Once registered, your application cannot be cancelled or reversed after validation has begun.
- SourceLess does not offer refunds for incorrectly submitted information or ineligible tokens.
- Compliance & Legal Requirements
Participants acknowledge that:
- The OTC procedure must comply with relevant regulations and company policies.
- SourceLess may be required to apply KYC, AML, or compliance checks where necessary.
- SourceLess may suspend or modify the OTC process to meet legal obligations.
- Data Protection
By participating, you agree that:
- Your personal and wallet information will be processed for the purpose of OTC validation.
- Your data will not be sold or shared with third parties outside the verification process.
- SourceLess implements reasonable security measures to protect submitted data.
You may request deletion of your data after the OTC process is completed.
- Risks & Responsibilities
You acknowledge that:
- Blockchain transactions cannot be reversed.
- You are responsible for ensuring you control the wallet used for OTC.
- You accept all risks related to token ownership, market volatility, and blockchain operations.
- SourceLess is not responsible for:
- Loss of access to wallets
- Incorrect wallet submissions
- User errors
- Token loss due to external platforms or misuse
- Changes to Terms
SourceLess may update or modify these Terms at any time if required for compliance, operational, or security reasons.
Any updates will be published on the official SourceLess communication channels.
- Acceptance of Terms
By submitting the OTC form, you confirm that:
- You have read these Terms
- You understand all requirements
- You agree to comply fully
- You accept that approval is at SourceLess discretion
- You accept all responsibility for the accuracy of your data and wallet access
- Contact
For questions or support, participants may contact the official SourceLess support team through the designated channels listed on the official website.
