Trade at the start of the year and get a total prize of tens of millions Rupiah!

Hello INDODAX Members,

INDODAX Trading Warrior competition is back with total prizes worth millions of rupiah. Start trading as much as you can on INDODAX starting from January 8, 2024, to February 9, 2024. Simply trade across all INDODAX pairings, you will automatically be part of the competition and get the chance to win the prize. So, what are you waiting for? Join the competition now and claim your prizes.

Here are the terms and conditions for the January 2024 Trading Warrior competition:

GENERAL TERMS AND CONDITIONS

Trading Warrior October 2024

Period: January 8, 2024 to February 9, 2024

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 general terms and conditions;

Before participating in the Trading Warrior, you are advised to read carefully the entire contents of this T&C. Then 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 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 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

1. Email is an email registered on an INDODAX account as a Verified Member and has gone through the registration process for the Trading Warrior;
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 Trading Warrior 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 Trading Warrior;
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 Trading Warrior;
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. Verified Member is a member who has gone through and completed and validated the Verification process carried out by INDODAX.

Competition Participants

1. 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 in accordance with the INDODAX T&C;
2. Participants of the Trading Warrior Competition are all verified INDODAX Members without any registration process needed.
3. Participants of the Trading Competition are divided into 2 (two) categories: Regular Member Category and Priority Member Category;  
4. Trading Competition Participants are required to take part in the Competition according to the last Category in the current Competition period
5. The Trading Warrior competition can only be participated by Indonesian Citizens.

Trading Warrior COMPETITION MECHANISM

1. The 1 (one) Month Trading Competition period starts on January 8, 2024, at 00:00 WIB and ends on February 9, 2024, for a winner in that Competitions Period;
2. The trading volume calculation applies to trading in all pairings, and the trading volume is calculated from the beginning of the competition;
3. For trading in the USDT pairing, it will be calculated based on the estimated Indonesian Rupiah (IDR) value.

WINNING TERMS OF THE Trading Warrior 

1. INDODAX Trading Warrior leaderboard will be posted on @INDODAX official Instagram account and published on the INDODAX newsletter email;
2. Participants will be divided into 2 (two) categories, namely the regular category and the priority category;
3. Winners are determined based on trading volume and fastest trading during the Trading Warrior Competition period;
4. Winners will be announced and contacted no later than 7 (seven) Working Days after the event ends via registered email, and if necessary, INDODAX has the right to carry out additional verification to ensure the correctness of the winner’s data and information, including but not limited to sending KTP and NPWP;
5. If the winner cannot be confirmed, either cannot be contacted and/or cannot complete additional verification within 5 (five) Business Days after being contacted, then the winner is considered disqualified, and the prize is considered forfeited;
6. Winners can only win this competition 1 (one) time and 1 (one) Category in the Trading Match Competition. Example: If a regular or priority member wins the fastest and highest volume category, the member is entitled to a larger prize, and other categories will be given to members below them.

PRIZES OF THE Trading Warrior 

Priority Category:

1. A total of 1 (one) winner will be declared and decided as the winner, provided that the Participant has the highest trading volume in the 1 (one) month period and is entitled to receive IDR 10,000,000 (Ten Million Rupiah) in the form of USDT;
2. A total of 1 (one) winner will be declared and decided as the winner with the condition of achieving the fastest trading volume of IDR 25,000,000,000 (Twenty-Five Billion Rupiah) for a period of 1 (one) month and is entitled to receive IDR 5,000,000 (Five Million Rupiah) in USDT;
3. Prizes will be distributed to the respective winners USDT wallets no later than 30 (thirty) business days after the winners complete the confirmation and additional verification process (if necessary);
4. Tax on prizes will be borne by INDODAX.

Regular Category:

1. A total of 1 (one) winner will be declared and decided as the winner provided that the Participant has the highest trading volume in the 1 (one) month period and is entitled to receive IDR 2,000,000 (Two Million Rupiah) in the form of USDT;
2. A total of 1 (one) winner will be declared and decided as the winner with the condition of achieving the fastest trading volume of IDR 5,000,000,000 (Five Billion Rupiah) for a period of 1 (one) month and is entitled to IDR 1,000,000 (One Million Rupiah) in USDT;
3. Prizes will be distributed to each winner’s USDT wallet no later than 30 (thirty) Business Days after the winner completes the confirmation and additional verification process (if necessary);
4. Tax on prizes will be borne by INDODAX.

OTHERS

1. Employees and family members of INDODAX employees are ineligible to participate in the Trading Warrior;
2. Prize conditions are subject to change at any time and are not disputable;
3. General Terms and Conditions are subject to change at any time and are not disputable;
4. 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