By orbix • Publish in Campaign • Mar 21,2024 • 2 min read
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orbix
Nov 23,2023
4 min
orbix Referral Program Terms and conditions
By participating in the Referral Program with orbix and using the referral code, you agree and accept the Referral Program terms and conditions as set forth herein.
1. This program is for orbix users who have passed their identity verification (KYC) (hereinafter referred to as referrer) Simply invite a friend to open an orbix account and complete identity verification (KYC). You and your friend will receive a total of 20% cashback from trading fees to share when your friend buys or sells digital tokens.
2. The referrer who has successfully completed identity verification (KYC) on the orbix application will receive a unique referral code.
3. The referrer can invite new users through a unique referral code to register and trade on orbix (digital tokens only).
4. The referees are users who have passed identity verification (KYC) from March 21, 2024 at 12:00 a.m. onwards. The referee must enter the referral code of the referrer within 7 days after successful identity verification (KYC). In the case that The referee enters the referral code multiple times, the company will use the most recently entered referral code.
5. The referrer and the referee will receive a total of 20% cashback from net trading fees when the referee successfully buys or sells digital tokens. The referrer receives 10% and the referee receives 10%.
6. The cashback will be transferred to the referrer and the referee’s wallets within 25 business days of the next month. You can choose whether to use the cashback for digital asset transactions in the orbix application or withdraw it in cash.
7. The referrer agrees to perform duties within the scope of duties and the terms and conditions of the referral program specified by the company as follows:
o The referrer shall invite new users to use the company's services related to digital tokens only.
o The referrer shall not approve account opening or credit limit for the referee.
o The referrer shall not provide any advice or recommendation to buy, sell or exchange in relation to any digital tokens.
o The referrer shall not take orders to buy, sell or exchange digital tokens from the referee.
o The referrer shall not provide or arrange the referee’s custodial services of their digital tokens.
8. The referrer shall provide any official information about the company that is disclosed only through the company's official contact channels (Official Channel) to the referee, such as application information, the scope of business operations, products or services of the company, etc. The information must be accurate and must not be false, exaggerate, distort or misrepresent the company's services.
9. The use of a company's logo and trademark without company's consent is strictly prohibited.
10. In the event that there is reasonable cause to believe that the referrer does not perform the duties in accordance with the scope and conditions set by the company, the company has the right to request additional information for investigation. And in the event that the results of the investigation reveal that the referrer did not comply with the scope and conditions. The company will notify the referrer in writing. and the referrer agrees to make corrections within a reasonable period of time. If corrections are not made within the time period specified by the company, the company has the right to disqualify the referrer from participation in the referral program.
11. The referee can notify their wish to cancel their participation in the program but cannot change the referrer. The company will not notify the referrer of such actions.
12. The company reserves the right to change, amend or cancel the terms and conditions for participating in the referral program at any time as deemed appropriate by the company, without prior notice to the customers.
13. This campaign is ineligible for Market Maker, Institution traders, IBs, Corporate and Orbix Trade Staffs.
14. The company reserves the right to suspend the account in the event that the company inspected and found that the account had violated the law or did not comply with the conditions set by the company.
15. The company reserves the right to consider the types of digital assets. The types of digital assets may be changed without prior notice.
16. Each party shall be responsible for its own related tax obligations. Either party is not responsible for the tax obligations of the other party.
*Digital assets involve risks; investors should study information carefully and make investments according to own risk profile.
**Terms and conditions are subject to the company's discretion.