Trade & Celebrate 1 Decade of INDODAX, Win a Total Prize of Hundreds of Millions Rupiah

Hello INDODAX Members,

Get ready to participate in the trading competition as part of INDODAX’s 10th anniversary celebration! Starting from February 15th to March 31st, 2024, all INDODAX members are eligible to join the Trading Match competition. Grab a chance to win a total prize pool of hundreds of millions of rupiahs in USDT by trading as much as you can. Don’t miss out on this opportunity and let’s celebrate INDODAX’s special anniversary with a spirit of trading together at INDODAX! 

Here are the terms and conditions for the February 2024 Tanding Trading Competition: 

GENERAL TERMS AND CONDITIONS

TANDING TRADING FEBRUARY 2024

Period: 15 Feb 2024 to 31 Mar 2024

General terms and conditions (“T&C”) are terms, procedures, and conditions regarding participation in the Tanding Trading, held by PT. Indodax Nasional Indonesia (“INDODAX”), as part of INDODAX general terms and conditions;

Before participating in the Tanding Trading, you are advised to read carefully the entire contents of this T&C. 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 set forth 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 that they are made, and it is your responsibility to check these T&C periodically for changes. In the event that 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 Tanding Trading are as follows: 

DEFINITION

1. Email is an email registered on an INDODAX account as a Verified Member and has gone through the registration process for the Tanding Trading;
2. Business Day is a day (other than Saturday or Sunday or national holidays) when a commercial bank carries out its operational activities in Jakarta, Indonesia;
3. Competition is the Tanding Trading organized by INDODAX and is subject to this T&C;
4. 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 Tanding Trading;
5. 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 Tanding Trading;
6. 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/
7. A verified Member is a member who has gone through and completed and validated in the Verification process carried out by INDODAX.

COMPETITION PARTICIPANTS

1. Participants of the Tanding Trading 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 in accordance with the INDODAX T&C;
2. Participants of the Tanding Trading Competition are all verified INDODAX Members without any registration process needed.
3. The Tanding Trading competition can only be participated in by Indonesian citizens.

TANDING TRADING COMPETITION MECHANISM 

1. The Tanding Trading period starts on 15-2-2024 (February fifteen two thousand twenty-four) at 00.01 WIB and closes on 31-3-2024 (the thirtieth of March two thousand twenty-four);
2. Calculation of the trading volume only applies to trading with Rupiah (IDR) pairing and no minimum trading volume.
3. Trading on the stablecoin market will not be included in the competition, and its trading volume will not be taken into account.

WINNING TERMS OF THE TANDING TRADING  

1. Leaderboards of the INDODAX Tanding Trading will be posted on @INDODAX official Instagram account and published on INDODAX newsletter email;
2. Winners are determined based on trading volume during the Tanding Trading period;
3. Winners will be announced and contacted no later than 5 (five) Business Days after the event ends via registered email, 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;
4. If the confirmation process of a winner cannot be carried out by either they cannot be contacted and/or cannot complete additional Verification within 5 (five) Business Days after being contacted, the winner will be deemed void and the prize will be forfeited.
5. A participant can only win this Competition once (one) time.

PRIZES OF THE TANDING TRADING

1. A total of 9 (nine) participants will be declared winners with prizes as follow:

• The first winner will get IDR 40,000,000 in USDT.
• The second winner will get IDR 25,000,000 in USDT.
• The third winner will get IDR 15,000,000 in USDT.
• The fourth winner will get IDR 7,500,000 in USDT.
• The fifth winner will get IDR 5,000,000 in USDT.
• The sixth winner will get IDR 1,500,000 in USDT.
• The seventh winner will get IDR 1,500,000 in USDT.
• The eighth winner will get IDR 1,500,000 in USDT.
• The ninth winner will get IDR 1,500,000 in USDT.
• The tenth winner will get IDR 1,500,000 in USDT.

1. Prizes will be distributed to the respective winner’s USDT wallet at the latest 30 (thirty) Business Days after the winner has completed the confirmation and additional verification process;
2. Tax of the prizes will be borne by INDODAX
   

OTHERS

1. Employees and family members of INDODAX employees are ineligible to participate in the Tanding Trading.
2. Decisions of the management of INDODAX are final and cannot be contested.