Terms and Conditions - Botswana BTC Trading Competition

Yellow Card is running a trading competition for its Botswana Yellow Card customers. Every trade over P150 will be automatically entered into the lucky draw. Five randomly selected entrants will each win P1,000 worth of BTC each week. For the sake of fairness, we will select winners randomly. To enter the competition, all you have to do is deposit a minimum of 150 into your Yellow Card account and buy any cryptocurrency worth P150 or more during the competition period. 

Competition Period: 01 August 2022 at 12 pm to 30 August 2022 at 12 pm (CAT) 

Prize: P1000 worth of bitcoin. The applicable prize will be paid directly to the winners’ Yellow Card wallets. 

Terms: The following terms apply to your participation in the Competition: 

1. Entering the Competition 

To participate in the Competition, you must register for a Yellow Card account and complete a minimum of Tier 1 verification if you don’t have one already. 

2. Eligibility criteria 

Participation in the competition is limited to Botswana residents with a registered Yellow Card account. You must be 18 years or older. Any accounts created using fake or fraudulent details will be excluded from the Competition. Employees of Yellow Card or any of its subsidiaries are not eligible to enter this Competition. 

3. Agreement to these Terms 

Without limiting the applicability of Yellow Card’s User Agreement and Privacy Policy to customers who sign up, you agree to be bound by these additional Terms when participating in the Competition. You represent and warrant that you meet the eligibility criteria, and you agree to accept any decision made by Yellow Card in terms of these Terms as final and binding. 

4. Selecting a winner 

Yellow Card will select three winners. The winners will be entrants who meet the eligibility requirements and trade any cryptocurrency on the platform. 

5. Contacting a winner 

Yellow Card will contact the winners by email within 5 (five) business days of the competition closing. Yellow Card is not liable for any winner’s failure to receive notices due to spam, junk email or other reasons. If a winner fails to reach out to Yellow Card within 48hours from the time Yellow Card sends the congratulatory message to the winner via email, the prize will be forfeited, and an alternate winner will be selected. Should you be identified as a winner, Yellow Card will verify your identity against your Yellow Card account to award you with your prize. 

6. Announcing the winner 

The winners may be announced across any of Yellow Card’s social media pages, including but not limited to Facebook, Instagram & Twitter. If you are selected as a winner, you agree to Yellow Card publishing your competition Username (created in the registration form for the competition). 

7. Personal data 

Yellow Card shall use the personal information supplied by the entrants for the competition and in line with its privacy policy. By participating in the competition, the entrant agrees to the collection, retention, usage, and distribution of their personal information by Yellow Card. The winners consent to the use of their photograph, name, or details for advertising, marketing, or promotional activities relating to the contest and Yellow Card’s products and services without additional compensation or prior notice. By participating in the competition, all entrants also consent to the same. 

8. Limitation of liability 

Yellow Card does not accept liability for any damage, loss, injury, or disappointment suffered by any entrant as a result of either participating in this contest or being selected as a winner. 

Also, Yellow Card shall not be responsible for any damage or loss suffered by an entrant due to the publicity associated with the contest or any promotional activity by the company. 

Subsequent ownership and trade in bitcoin by the winner is beyond the company’s control. Therefore, we do not accept liability to the entrant or a third party resulting from the entrant’s future dealings. 

9. Account information 

You acknowledge that you will safeguard your login and account information and be your account's sole operator/accessor/transactor. Yellow Card Financial shall not be liable for any loss you incur if you expose or disclose your login or account credentials to a third party. If Yellow Card incurs any loss due to your negligence or willful disclosure to a third party, you shall indemnify Yellow Card Financial to the extent of their loss. 

10. Nature of Business 

Yellow Card Financial is neither an investment company nor an investment advisory. Yellow Card Financial is a crypto-asset exchange platform. We do not operate, participate in or promote any form of multi-level marketing scheme. We do not accept any responsibility for any loss if you engage in such transactions. 

11. General 

Yellow Card reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, this contest with or without prior notice. The competition can end for any reason, including, without limitation, in the case of anticipated, suspected, or actual fraud or where it considers it necessary to do so. Our decision in this instance is final and binding, and no correspondence will be done after. 

Yellow Card shall not be liable for any failure to comply with its obligations where the failure is caused by something beyond its reasonable control. This contest will be governed by the Laws of the Republic of Botswana, and entrants submit to the exclusive jurisdiction of the Botswana courts. 

Yellow Card reserves the right to update these Terms and Conditions from time to time. Any updated version will be effective as soon as it is published on the website or our social media page.

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