Tanding Trading Januari 2023

Hello INDODAX Members,

Happy New Year 2023! In this occasion, INDODAX will hold a trading competition Tanding Trading Januari 2023, which will be held on January 2nd – February 5th, 2023. There are millions of rupiah in prize money up for grabs. 

What are you waiting for? Trade as much as possible on INDODAX so you can be the winner! The following are the Terms and Conditions of Tanding Trading Januari 2023 :

GENERAL TERMS & CONDITIONS
TANDING TRADING JANUARY 2023

These general terms and conditions (“T&C”) are terms, procedures, and conditions regarding participation in the Tanding Trading January 2023, organized by PT Indodax Nasional Indonesia (“INDODAX”), as part of INDODAX general terms and conditions;

Before participating in the Tanding Trading January 2023 competition, 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 to be effective 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 in 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 to the revision and/or update of this T&C. 

Terms and Conditions of the Tanding Trading January 2023 Competition:

DEFINITION:

1. Email is an email registered on an INDODAX account as Verified Member and has gone through registration process for the Tanding Trading competition;
2. Competition is the Tanding Trading January 2023 organized by INDODAX and is subject to this T&C;
3. Know-Your-Customer (“KYC”) Principles is an assessment process of prospective Members and current 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 January 2023;
4. 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 January 2023 competition;
5. Registration is a process of registering to be a participant in the Tanding Trading competition, which is part of the initial verification in obtaining information and statements as participants;
6. INDODAX T&C is the INDODAX General Terms and Conditions stated at the link https://help.INDODAX.com/hc/en-us/articles/4416650994585-Terms-and-Conditions?_ga=2.134073995.402626860.1654833025-104687762.1641868544%2F
7. 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 Tanding Trading January 2023 competition;
8. 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

1. Participants of the Tanding Trading January 2023 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) email registration, 1 (one) mobile phone number, and 1 (one) identity card (KTP for Indonesian Citizens and Passport for Foreign Citizens) and other legal documents required in the registration process in accordance with the INDODAX T&C;
2. Participants of the Tanding Trading January 2023 competition are required to register for the competition via the following link: bit.ly/TandingTradingJan2023
3. The Tanding Trading January 2023 competition registration period opens on 2-1-2023 (the second of January two thousand and twenty-three) at 00.01 WIB (UTC+7) and closes on 15-1-2023 (the fifteenth of January two thousand and twenty-three) at 24.00 WIB (UTC+7). 

TANDING TRADING JANUARY 2023 COMPETITION MECHANISM

1. Tanding Trading January 2023 competition period starts on 16-1-23 (the sixteenth of January two thousand and twenty-three) at 00.01 WIB (Western Indonesian Time) and closes on 5-2-2023 (the fifth of February two thousand and twenty-three);
2. Calculation of the trading volume only applies to trading with Rupiah (IDR) pairing with initial account balance at Rp1.000.000 (one million rupiah) when the competition starts;
3. Trading on the stable coin market will not be included in the competition and its trading volume will not be taken into account in the competition.

WINNING TERMS OF THE TANDING TRADING JANUARY 2023 COMPETITION

1. Leaderboards of the INDODAX Tanding Trading January 2023 will be published on official Instagram account @INDODAX and newsletter email INDODAX;
2. Winners are determined based on the trading volume during the Tanding Trading January 2023 competition;
3. Winners will be announced and will be contacted within 5 (five) working days after the event ends via the registered email, and if necessary, INDODAX has the right to carry out additional verification to ensure the accuracy of winners’ data and information, including but not limited to sending ID Card (KTP) and Tax Identification Number (NPWP) for Indonesian Citizens, Passport and Taxpayer ID 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 3 (three) working 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 COMPETITION

1. A total of 3 (three) participants will be selected and declared as winners with prizes as followed;

• The first winner will get IDR 30,000,000 in USDT.
• The second winner will get IDR 15,000,000 in USDT.
• The third winner will get IDR 5,000,000 in USDT.

2. Prizes will be distributed to winner’s USDT wallet no later than 30 (thirty) days after the winner has completed the additional confirmation and verification process;
3. 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 January 2023 competition.
2. INDODAX management’s decisions are final and cannot be contested.

THESE TERMS AND CONDITIONS OF THE TANDING TRADING JANUARY 2023 COMPETITION ARE PART OF INDODAX’S GENERAL TERMS AND CONDITIONS THAT HAVE BEEN CONSTRUED IN LAW.

Regards, 

INDODAX – Indonesia Bitcoin & Crypto Exchange