Terms and Conditions - Kenya Trading Competition

Every trade over KES1,000 will be automatically entered into the lucky draw. 40 randomly selected entrants will each win KES5,000 worth of USDT. 

Competition Period: 1 July 2022 to 31 July 2022 

Prize: 40 randomly selected entrants will win KES5,000 worth of USDT each. 

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

1. Entering the Competition 

You’re automatically in the competition once you trade a minimum of KES1,000 on the Yellow Card app. This competition is exclusive to Kenyan users. 

2. Eligibility criteria 

Participation in the competition is open to all Yellow Card customers that are eligible to trade. You must be 18 years or older. You must have verified your account and be at least on Tier 1 by submitting official identification. Yellow Card will exclude any account created using fake or fraudulent details from the competition. Users with multiple accounts can only win one of the five spots weekly. 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. You also agree to accept any decision made by Yellow Card in this Terms as final and binding. 

4. Selecting winners 

Yellow Card will randomly select forty (40) eligible winners, and winners will be notified by Wednesday, 2 August 2022. The competition starts at 00:00 AM on 1 July and ends at 11:59 PM on 31 July. 

5. Contacting a winner 

The winner will be reached out through an official Yellow Card channel. 

6. Announcing the winner 

The winners may be announced across any of Yellow Card's social media pages, including but not limited to Instagram, Facebook & Twitter. If you are selected as a winner, you agree to Yellow Card publishing some parts of your username. 

7. Personal data 

Yellow Card shall use the personal information supplied by the Entrants for the contest and in line with its privacy policy. 

By participating in the Contest, 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. In participating in the competition, all Entrants 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 due to 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 any 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 will not be liable for any loss you may incur if you disclose your login details to a third party, intentionally or by negligence. 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 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 for any reason. These may include, without limitation, in the case of anticipated, suspected, or actual fraud or where it considers it necessary to do so. Our decision is final and binding in this instance, and no correspondence will be entered. 

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.

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