Terms & Conditions
EQONEX is a virtual currency exchange that is wholly owned by EQONEX Capital Pte. Ltd. (hereinafter referred to as “EQONEX”, which shall include its affiliates). For the purpose of this EQONEX Referral Program, “you”, “your”, or “referrer” refer to you or any agent, contractor, employee, or person authorised to act on your behalf. “We”, “us” and “our” refer to EQONEX.
To be eligible for the EQONEX Referral Program, you must be a valid individual account holder of EQONEX. The Referee must be a new individual customer of EQONEX, who has not opened an account with EQONEX prior to the referral (“New Customers”).
The EQONEX Referral Program offers a referral reward for every successful referral of New Customers under these terms and conditions.
You (“Referrer”) may simply make a referral by copying your unique referral link and sending this link to your friends or network. Any party referred by you (“Referee”) who successfully signed up with a valid referral link can receive a rebate of 5% of their own trading fees for 6 months from the signup date.
The Referrer will receive 30% percentage of trading fees received by EQONEX from trades made by your Referees on EQONEX platform for the lifetime of your account with EQONEX. There is no limit to the number or size of referral rewards that may be received by a Referrer under this referral program. See the Fees Page to view the trading fee commission. If a party referred by you does not sign up to EQONEX using your unique referral link, then you will not be eligible for any share of their trading commission.
The reward payout to your EQONEX wallet will be normally paid within 24 hours in the cryptocurrency that your referree paid their fees, subject to the status of the referrers and the referees account with EQONEX remaining valid and being in a normal state.
The period for the EQONEX Referral Program is from July 30th, 2020 to such time as to be determined and notified by EQONEX. The referral program will be open to all existing users of EQONEX who have a live account on EQONEX, subject to these terms and conditions.
The Referral Program tab in your profile page gives you your unique referral link and an overview of your referral summary, including the accumulated rewards earned and the number of Referees signed up using your referral link and traded.
If you or his/her account is closed for any reason before the payout, EQONEX has the right to forfeit the reward without prior notice, and no reward will be credited to any other account of through any other means until the status of such account is re-opened.
You attest that you are 18 years old or of legal age in your jurisdiction in order to enter into this EQONEX Referral Program.
This EQONEX Referral Program is only available to users who successfully opened an individual account with EQONEX and must have fully onboarded and completed KYC to enable collection of the referral reward or rebate. This EQONEX Referral Program is not opened to any users or visitors referred in restricted jurisdictions or by any other non-permitted referral and such users or visitors will not receive any rewards or rebates from EQONEX.
You acknowledge and agree it is your sole responsibility to indicate your correct unique referral link in the manner that is not misleading about EQONEX services. We will not be responsible for lost opportunity to earn rewards or rebates due to any cause (such as technical difficulties or over-capacity, system overload or load shedding, regulatory considerations, government directives and government intervention) preventing registration of account, accepting deposits, executing trades, closing positions, or providing any other services to the Referrer or Referee, or any subsequent changes to the terms and conditions of this referral program.
All valuations and calculations for the purposes of the referral program shall be determined by EQONEX and are final and binding. By participating in the EQONEX Referral Program you acknowledge that receiving payouts is not guaranteed by EQONEX.
The Reward cannot be transferred, exchanged or converted into any other form, unless otherwise specified.
If any Referrer or Referee is discovered or deemed to be ineligible for this referral program for any reason, or is prohibited or disqualified, we are entitled to at any time: (i) to forfeit, withdraw or withhold any or all referral rewards or rebates; (ii) where the referral rewards or rebates has been paid out and/or utilised, to reclaim any or all of such referral rewards or rebates and/or deduct the value of the utilised portion of such referral rewards or rebates from the respective accounts with EQONEX in any cryptocurrency or currency. In such an event, no person shall be entitled to any payment or compensation from EQONEX.
EQONEX reserves the right, in its sole and absolute discretion, to disqualify or prohibit a Referrer, Referee or any other person from participating in any aspect of this referral program for any reason, including without limitation if we deem or suspect that such person: (i) has acted in violation of these terms and conditions, the EQONEX Terms & Conditions or EQONEX Trading Rules or any other agreement entered into with EQONEX (whether in relation to this referral program or otherwise) (ii) has damaged, tampered with, abused or corrupted the operation of the referral program; or (iii) has engaged in conduct that EQONEX considers inappropriate or unacceptable, which includes (without limitation) conduct inconsistent with the intended operation or purpose of referral program as determined by EQONEX.
EQONEX may, at its sole discretion, decline any party referred by you, decline anyone as a customer and suspend or terminate, in whole or in part, any account or other business relationship with any of its customers at any time in its sole and absolute discretion.
A person who is not a party to these terms and conditions will have no rights under the Contracts (Rights of Third Parties) Act, Chapter 53B of Singapore to enforce any of these terms and conditions.
EQONEX reserves the right to amend or modify any of these terms and conditions, and to adjust, withdraw or cancel the EQONEX Referral Program, the reward from time to time without prior notice and without assigning any reasons whatsoever, notwithstanding that such amendment may be to the disadvantage to a Referrer or Referee.
In the event of any inconsistency between these terms and conditions and any brochure, marketing or promotional material relating to the EQONEX Referral Program, these terms and conditions shall prevail.
In case of any ambiguity, doubts or disputes arising out of or under any of these terms and conditions or any communications, the decision of EQONEX is final and conclusive in all circumstances without assigning any reasons whatsoever.
We shall not be responsible or liable for any direct, indirect, incidental, punitive, special, or consequential damages for any reason whatsoever related to or in connection with this EQONEX Referral Program, your use or inability to use the referral link, our web site(s) or the materials and content of the web site(s) or any other web sites link to such web site(s) or your provision of any personally identifiable information to backend service provider or any third party under any circumstances. This limitation applies regardless of whether the alleged liability is based on contract, tort, warranty, negligence, strict liability or any other basis, even if we have been advised of the possibility of such damages or such damages were reasonably foreseeable. Certain jurisdictions do not permit the elimination or limitation of liability for consequential or incidental damages, therefore our liability in such jurisdictions shall be limited to the greatest extent permitted by law. If any provision of this limitation of liability is found to be unenforceable, only such provision shall be removed and the remainder shall be enforced to the greatest extent permitted by law.
This limitation applies regardless of whether the alleged liability is based on contract, tort, warranty, negligence, strict liability or any other basis, even if we have been advised of the possibility of such damages or such damages were reasonably foreseeable. Certain jurisdictions do not permit the elimination or limitation of liability for consequential or incidental damages, therefore our liability in such jurisdictions shall be limited to the greatest extent permitted by law. If any provision of this limitation of liability is found to be unenforceable, only such provision shall be removed and the remainder shall be enforced to the greatest extent permitted by law.
These terms and conditions are governed in all respects by and construed in accordance with the laws of Singapore. The parties submit to the exclusive jurisdiction of the courts of Singapore.
By participating in the Campaign, the Referrer or Referee represents and acknowledges that he or she has read, understood and agrees to be bound by these terms and conditions and by all decisions of the Organiser without limitation or qualification.
This page does not constitute any offer, invitation or recommendation to any person to enter into any transactions described therein or any similar transaction.
By participating in the EQONEX Referral Program, the Referrer or Referee represents and acknowledges that he or she has read, understood and agrees to be bound by these terms and conditions and by all decisions of EQONEX without limitation or qualification.
Any inquiries towards the EQONEX Referral Program, please contact our Customer Support team via firstname.lastname@example.org or click on the chat widget at the bottom right-hand side of the EQONEX page.
Issued by EQONEX Capital Pte. Ltd.
30 July 2020