Hello INDODAX Member,
INDODAX Trading Warrior competition is finally back, which will take place from May 16, 2023 to June 30, 2023. Get the chance to win a total prize of tens of millions of rupiahs. Prepare yourself and register now to participate in the Trading Warrior competition at the following link: https://bit.ly/TradingWarriorJun2023
Don’t miss the opportunity to showcase your trading skills and win big prizes on INDODAX! Check out the terms and conditions for the Trading Warrior competition June 2023 edition below:
GENERAL TERMS AND CONDITIONS
TRADING WARRIOR JUNE 2023
Period: 16 May 2023 to 30 Jun 2023
General terms and conditions (“T&C”) are terms, procedures, and conditions regarding participation in the Trading Warrior held by PT Indodax Nasional Indonesia (“INDODAX”) as part of INDODAX’s general terms and conditions;
Before participating in the Trading Warrior Competition, you are advised to read the entire contents of this T&C carefully. By registering for the competition, you declare that you have READ, UNDERSTOOD, COMPREHENDED, RECOGNIZED, AGREED, and ACCEPTED all terms and conditions stated in this T&C and be effectively and legally bound by all of the terms and conditions outlined in this T&C;
INDODAX may revise and/or update this T&C periodically at its absolute discretion. Any changes to the terms will apply on the date they are made, and you are responsible for checking these T&C periodically for changes. If you do not consent and agree to the revision and/or updated T&C, you must cancel your registration for the competition. INDODAX cannot and will not be liable for your failure to review and approve the revision and/or update of this T&C.
Terms and Conditions of the Trading Warrior are as follows:
DEFINITION
- E-mail is an e-mail registered on an INDODAX account as Verified Member and has gone through the registration process for the Trading Warrior Competition;
- Competition is the Trading Warrior organized by INDODAX and is subject to this T&C;
- Know Your Customer Principles (“KYC”) is an assessment process of prospective Members and Members to find out the background and good faith of the actions to be carried out in a Crypto Asset trading activity, in this case, included in the assessment process of the participants of the Trading Warrior;
- Member is a person (an individual who has registered on the INDODAX platform, thus obtaining authorization from the INDODAX platform to carry out Crypto Asset trading, and can carry out the registration process for the Trading Warrior;
- Registration is a process of registering to be a participant in the Trading Warrior Competition, which is part of the initial verification in obtaining information and statements as participants;
- INDODAX T&C is the Indodax General Terms and Conditions stated at the link https://help.indodax.com/hc/id/articles/4416650994585-Ketentuan-dan-Persyaratan-Indodax-com?_ga=2.134073995.402626860.1654833025-104687762.1641868544/
- Additional Verification is the process of evaluating participants and information related to participants, including but not limited to ensuring personal data and information included in the registration process to be validated by INDODAX in the eligibility of Verified Members’ participation in the Trading Warrior Competition;
- Verified Member is a member who has gone through and completed and validated in the Verification and/or additional Verification process carried out by INDODAX.
REGISTRATION
- Participants of the Trading Warrior Competition are INDODAX Members who have been verified and have an INDODAX account and are subject to the INDODAX T&C, where 1 (one) member can only process 1 (one) e-mail registration, 1 (one) mobile phone number, and 1 (one) identity card and other legal documents required in the registration process following the INDODAX T&C;
- Participants of the Trading Warrior Competition are required to register for the competition via the link: https://bit.ly/TradingWarriorJun2023
- The Registration Period for Trading Warrior Competition opens on 16-5-2023 (sixteenth of May two thousand twenty-three) at 00.01 WIB and closes on 31-5-2023 (thirty-first of May two thousand twenty-three) at 24.00 WIB.
TRADING WARRIOR COMPETITION MECHANISM
- The Trading Warrior Competition starts on 1-6-2023 (first June two thousand twenty-three) at 00.01 WIB and closes on 30-6-2023 (thirtieth of June two thousand twenty-three);
- Calculation of the trading volume only applies to trading with Rupiah (IDR) pairing, and the minimum trading volume when Trading Warrior starts is IDR 1,000,000 (one million rupiah)
- Trading on the stablecoin market will not be included in the competition, and its trading volume will not be considered in the competition.
WINNING TERMS OF THE TRADING WARRIOR COMPETITION
- Leaderboards of the INDODAX Trading Warrior will be posted on INDODAX’s official Instagram account and published in the INDODAX newsletter e-mail;
- Winners are determined based on trading volume during the Trading Warrior Competition period;
- Winners will be announced and contacted no later than 5 (five) work days after the event ends via registered e-mail, and if necessary, INDODAX has the right to carry out additional verification processes to ensure the accuracy of winners’ data and information, including but not limited to sending KTP and, NPWP for Indonesian citizens, passport and Tax Identification for foreign citizens;
- If the confirmation process of a winner cannot be carried out by either they cannot be contacted and/or cannot complete additional Verification within 3 (three) business days after being contacted, the winner will be deemed void and the prize will be forfeited.
- A participant can only win this Competition once (1) time.
- This competition cannot be participated by Institutional Members.
PRIZES OF THE TRADING WARRIOR COMPETITION
- A total of 3 (three) people will be declared winners with the following prizes:
○ The first winner will get IDR 30,000,000 in BUSD.○ The second winner will get IDR 15,000,000 in BUSD.○ The Third Winner will get IDR 5,000,000 in BUSD. - Prizes will be distributed to the respective winner’s BUSD wallet at the latest 30 (thirty) days after the winners have completed the confirmation and additional verification process;
- INDODAX will bear tax on the prizes.
OTHERS
- Employees and family members of INDODAX employees are ineligible to participate in the Trading Warrior.
- Decisions of the management of INDODAX are final and cannot be contested.
THESE TERMS AND CONDITIONS OF THE TRADING WARRIOR COMPETITION ARE PART OF THE GENERAL TERMS AND CONDITIONS OF INDODAX, WHICH ABIDE BY THE GOVERNING LAW