Terms and Conditions - Zambia Refer And Win Competition

Yellow Card Zambia, is running a referral competition that allows you to earn even more money for referring your friends to use the Yellow Card app. In addition to the reward you get per referral, at the end of the competition, the top 5 people with the highest referrals will win an iPhone X, K3,000 worth of Bitcoin, K2,000 gift card, a Mifi device loaded with 30GB, and Yellow Card merch, respectively. To enter the competition, you must have a verified Yellow Card account on at least Tier 1. 

Competition Period: 3rd June 2022 to 31 July 2022 

Prize: You get one point for every user who signs up with your referral code and completes KYC verification up to Tier 1. Each point is equivalent to $2. If you refer two users, you get two points ($4). However, you are only eligible for any reward when you get up to 6 points, which gives you $12. The top 5 entrants with the highest referrals will win additional prizes - iPhone X, K3,000 worth of Bitcoin, K2,000 gift card, Mifi with 30GB, and Yellow Card merch. 

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

1. Entering the Competition

To participate in the Competition, you should have a registered account with Yellow Card if you don't have one already. 

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. 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 select five winners based on the Top 5 entrants with the highest referrals. 

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 48 hours from when the congratulatory message was sent to them 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 your prize.

6. Announcing the winner 

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

7. Personal data 

Yellow Card shall use the personal information supplied by the Entrants for the purpose of 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 and, 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 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 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 any 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, whether intentionally or by your 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 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 due to 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 in this instance is final and binding, 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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