Terms and Conditions - Multicoins Trading Competition

To encourage our customers to trade more, we are giving away $3,000 worth of USDC to one lucky customer who trades at least a total of $100 worth of any or all of Ethereum (ETH), USD Coin (USDC), Celo Dollar (cUSD), Cardano (ADA) and Solana (SOL) on the Yellow Card app.

In addition, three customers who trade at least $15 worth of any of the new coins will be selected randomly every week to win $50 worth of USDC until the end of the campaign. In the weekly giveaway, each transaction equals a competition entry.


Competition Period: 18th April to 16th May 2023 


Prize

    • $50 worth of USDC weekly for three randomly selected entrants
    • Grand prize of $3,000 to one lucky customer who trades at least a total of $100 worth of the newly added coins during the campaign.

Participating Countries: Nigeria, Cameroon, South Africa, Botswana, Kenya, Rwanda, Tanzania, Uganda, and Zambia.


Terms: The following terms apply to enter the competition:

  1. Entering the Competition

    You automatically qualify for the weekly draw when you trade a minimum of $15 worth of any of ETH, SOL, ADA, USDC, or cUSD on Yellow Card (Web or Mobile). There is a limit of one transaction per day to enter the draw.

    You qualify for the grand prize of $3,000 when your total trading volume of the newly added coins is at least $100 within the campaign period.


  2. Eligibility criteria

    The competition is open to all Yellow Card customers 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 and valid identification. Yellow Card will exclude any account created using fake or fraudulent details from the competition. Users with multiple accounts can only be entered into the competition once. Employees and relatives of employees of Yellow Card or any of its subsidiaries are not eligible to enter this competition.

  1. 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 these Terms as final and binding.

  1. Selecting winners

    Yellow Card will randomly select three (3) eligible winners every week for the weekly giveaway. The winners will be notified every Friday from the 28th of April 2023. The competition starts at 00:00 am on 18th April and ends at 11:59 pm on 16th May 2023.

    The grand winner will be randomly selected at the end of the campaign period and will be notified on the 19th of May, 2023.

  1. Contacting winners

    The winners will be reached through Yellow Card’s official Email - [email protected] 

  1. Announcing the winner

    The winners will 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 your face and name in any media of its choice, including social media. 

  1. Personal data

    By participating in the Contest, the Entrant agrees to the collection, processing, retention, usage, and distribution of their personal information by Yellow Card. Yellow Card shall use/process the personal information supplied by the Entrants for this contest and in line with its privacy policy link here.

    The Winners consent to the use of their 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.

  1. 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 any liability to the Entrant or a third party resulting from the Entrant's future dealings.

  1. 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. 

  1. 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.


  2. 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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