By accessing and participating in the Coinbitco Referral Program ("Referral Program"), you agree to accept and comply with the terms and conditions of this Referral Program ("Referral Program Terms") and any other applicable requirements communicated to you when entering the Referral Program. Accordingly, you should read the entire Referral Program terms and conditions carefully before accessing and participating in the Referral Program.
As used in these Referral Program Terms, “Coinbitco” may refer to each of the following entities, its owners, directors, investors, and employees:
(Imperator Limited UAB and Imperator Group (Pty)
“Coinbitco” in each case refers to the entity of which you are the customer. Depending upon the context, “Coinbitco” may also refer to the services, products, website, content, or other materials (collectively “Coinbitco Services”) provided by each respective entity listed above to you as its customer.
Coinbitco reserves the right to change, add or remove parts of these Referral Program Terms at any time and at its sole discretion. You will be notified of any changes in advance through your Account. Upon such notification, you must review the amended Referral Program Terms. Your continued participation in the Referral Program following the posting of a notice of changes to the Referral Program Terms signifies that you accept and agree to the changes and that all subsequent actions by you will be subject to the amended Referral Program Terms.
To access and participate in the Referral Program and be eligible to refer potential new users to Coinbitco (act as a “Referrer”), you must meet all of the following conditions:
To access and participate in the Referral Program and be eligible to be provided a referral by a Referrer (be a “Referee”), you must meet the following conditions:
When you access and participate in the Referral Program, Coinbitco will provide you, acting as a Referrer, with a Referral Link or any other similar way of inviting potential new users to become users of Coinbitco’s exchange platform.
The Referral Program is intended to let Referrer or Referee or both Referrer and Referee earn a certain reward when a Referee registers its account and completes a trade (“Referral Reward”).
As a Referrer, you are eligible to invite others to become new users by sharing your Referral Link directly with them to open an account with Coinbitco. However, a referee may use the Referral Link only once. Therefore, there is no possibility of combining multiple Referral Links.
Referral Links should be used as a personal invite and for non-commercial purposes only. Corporate users of Coinbitco’s exchange platform and potential new corporate users are not eligible to participate in the Referral Program.
When using the Referral Link as a personal invite, you are prohibited from the following actions:
Concerning the Referral Program, Coinbitco reserves the right to:
Following these Referral Program Terms, you are eligible to earn a Referral Reward. The Referrer and the Referee receive the Referral Reward only in cases when both are eligible to participate in the Referral Program in accordance with these Referral Program Terms or other applicable terms. If any of the two is not eligible to participate in the Referral Program or not eligible to receive the Referral Reward, no Referral Reward will be provided.
The amount of the Referral Reward may vary based on the specific Referral Program campaign you will enter or based on other terms and conditions described here or communicated to the eligible participants before using the Referral Link or participating in the Referral Program. The amount that both Referrer and Referee may redeem will always be communicated before entering the Referral Program and being presented with the Referral Link.
Within 15 days of meeting the conditions for receiving the reward, Coinbitco reserves the right to credit the Referral Reward to the eligible users.
For the Referrer and/or Referee to receive the Referral Reward, the Referee needs to initiate a buy or sell of specific cryptocurrency in the total amount communicated to both the referrer and Referee when entering the Referral Program or accepting Referral Program Terms. The maximum value of referral rewards that a referrer or referee can receive in a calendar year is $XXX.
Coinbitco reserves the right to suspend your account or to deny, cancel the distribution, deactivate Referral Links, or deduct any Referral Rewards received or yet to be received in the event that it determines or believes that the Referral Reward was received fraudulently, in error, or violation of these Referral Program Terms or any other applicable terms.
The referee must respond (create and verify a new account) before the Referral Program ends. After the registration, Referee has 30 days to place a trade and redeem the reward.
Any tax consequences that may result from receiving or using any Referral Rewards are the sole responsibility of the Referrer and/or Referee.
This Referral Program is a courtesy offered by Coinbitco and does not create any legal obligations that may be enforced in court. Coinbitco expressly reserves the right to replace the Referral Program with any other referral and/or loyalty program and/or to cease this Referral Program in its entirety.