Terms and Conditions

1. Promotion Period: November 29th, 2022- December 31 st 2022 at 23:59  UTC.
2. This competition is only open only to Users that have been approved for cryptocurrency trading.
3. Rewards will be credited to the top winners in terms of the highest trading volume generated.
4. “Trading Volume” is defined as the sum of a user’s total buys and sells on the INX.One cryptocurrency trading platform. Trading Volume is calculated as follows:

• Trading Volume = Sum (executed buys of all INX.One cryptocurrency pairs) + Sum (executed sells of all INX.One cryptocurrency pairs) in dollar terms.
• Withdrawals or deposits made through INX.One will not be included in Trading Volume calculations.

5. Participants must meet a minimum trading volume level of  USD $10,000 to qualify for the prizes.
6. To qualify for the 1st place prize, a User must generate a minimum trading volume of USD  $500,000.
7. To qualify for the 2nd place prize, a User must generate a minimum trading volume of USD $250,000. 
8. To qualify for the 3rd place prize, a User must generate a minimum trading volume of USD $150,000.
9. The top ten Users who will generate the highest volume will be awarded USD rewards to their INX.One account: 

• 1st place will receive USD $3,000 
• 2nd place will receive USD $1,500
• 3rd place will receive USD $900
• 4th place will receive USD $700 
• 5th place will receive USD $600
• 6th place will receive USD $500
• 7th place will receive USD $400
• 8th place will receive USD $300
• 9th place will receive USD $300
• 10th place will receive USD $300

10. Users who have reached the top 11 to 20th places will receive an exclusive INX merchandise item that will be delivered to an address the User will provide.  The INX support team will contact the winners in order to coordinate the delivery of the products.
11. Participants have the option to increase their chances of winning by referring friends to INX. The volume a User reaches will be multiplied according to the volume generated  by the referred friends, as follows: 

•  If the referred friends generated an accumulated amount of $2,500 in volume, the advocate’s volume will be multiplied by 2. 
•  If the referred friends generated an accumulated amount of $5,000 in volume, the advocate’s volume will be multiplied by 5. 
•  If the referred friends generated an accumulated amount of $15,000 in volume, the advocate’s volume will be multiplied by 10. 

             * To learn more about the INX.One Referral program, click here.

12. During the competition, rankings will be updated on a leaderboard and the final ranking of the competition will be officially released after the competition concludes. There may be changes in the rankings until the results are finalized.
13. Rewards will be distributed to eligible participants within 15 business days after the announcement of the results.
14. INX reserves the right to disqualify a User if he/she engages in inappropriate, dishonest, or abusive activities (such as wash trading, participating using multiple accounts, market manipulation, etc.) during the competition.
15. If Users have been detected to have engaged in matched trading activities by our risk detection system, all associated users will be disqualified from the competition.
16. INX.One reserves the right to disqualify anyone known or suspected of violating any of the rules and regulations set forth in the promotion. 
17. INX.One reserves the right to the final interpretation of the Terms and Conditions. If you have any questions, please contact our customer service at [email protected].
18. All trades, whether or not in connection with the trading competition, are subject to INX.One’s trading fees and commissions.  
19. All trades, whether or not in connection with the trading competition, are subject to potential loss, including total loss.  Do not invest more than you can afford to lose. 

FAQ:

How will I receive my money prize?

• The money prize will be added to your INX.One account balance once the Trading Competition terms are met, by January 1, 2023.

How will I receive my merchandise prize?

• The merchandise prize will be sent to your selected address after our support team will contact you, and no later than January 4, 2023.

Who can participate in the Trading Competition?

• The Trading Competition is available to all verified and approved users for cryptocurrencies trading on INX.One. 

Is the Trading Competition available in all countries?

• The Referral Program is available in all countries INX.One operates in. Check our GEO availability.