Terms and Conditions (T&C) - Standard in Gold


1. Scope


These Terms and Conditions (T&C) apply to all business relationships between the customer and Standard in Gold, particularly for the purchase of STAND and SOLID and the use of the platform provided by Standard in Gold.


2. Services of Standard in Gold


Standard in Gold provides a platform where customers can purchase STAND and SOLID. Each Coin and Token is backed by a certain amount of physical gold stored in high-security vaults in Liechtenstein and Singapore.


3. KYC Procedure


For single purchases up to €9,999, no KYC procedure (Know Your Customer) is required. For higher amounts, Standard in Gold reserves the right to request additional information from the customer.


4. Liability and Risk


Trading with STAND and SOLID and the use of the platform are at the customer's own risk. Standard in Gold is not liable for losses arising from trading the Coins and Token or using the platform.


5. Price and Payment Terms


The prices for the tokens are based on the current gold price and are subject to fluctuations in the market. Payment can be made through payment methods accepted by Standard in Gold.


6. Redemption and Payout


Customers can convert their coins and tokens into physical gold at any time or instruct Standard in Gold to sell the gold and pay out the proceeds to a fiat money account.


7. Changes to the T&C


Standard in Gold reserves the right to change these T&C at any time. Changes will be communicated to customers in a timely manner.


8. Final Provisions


Should individual provisions of these T&C become ineffective, the effectiveness of the remaining provisions remains unaffected.


9. Jurisdiction


Jurisdiction is Vienna, Austria