CoinSwitch PRO Trading League - Terms & Conditions

                                                 1. Ranks Table 

• By participating in the CoinSwitch PRO League  (“Contest”), as a User, you are accepting the below mentioned terms and conditions ("Terms").
•  “Qualifying Transaction” shall mean all Buy & Sell executed on CoinSwitch PRO 
• “User” shall mean person who has completed successfully completed  their KYC Verification, email & mobile phone OTP verification either on CoinSwitch App or CoinSwitch PRO website 

• Contest is valid from 12th December, 2022 to 10th Jan, 2023. ( “Term” )
• Internal Employees of Coinswitch Kuber are not eligible for the PRO trading League.
• Your Rank is calculated based on a sum total of trading volume done during the Term  on CoinSwitch PRO. The user with the highest sum total of trading value during the Term  would be declared as RANK 1  
• Calculation Of sum total of trading volume - if a User Buys BTC worth Rs 100,000/- &  ETH Worth Rs 200,000/- and Sells BTC worth Rs 101,000/- & ETH worth Rs 198,00 during the Term then the sum total trading volume would be = Rs. 100,000/- + Rs. 200,000/- + Rs. 101,000/- + Rs. 198,000/- = Rs 599,0000/-
• The Contest is valid for ALL users who trade on CoinSwitch PRO during the Term.
• Eligible users who secure Rank 4 to 200 will receive the respective amount in form of INR value credited to the user’s wallet within 7 days from the end of the Contest.
• Eligible user who has secured Rank 1 will get the BMW G 310 R ( https://www.bikewale.com/bmw-bikes/g-310-r/ ) at their preferred/registered address. CoinSwitch will only be liable to pay the Ex- Showroom price and the user will bear the RTO Tax + Insurance Cost as per actuals. CoinSwitch shall not be responsible for any added costs of this transaction. In case the user doesn't want the bike, the user can request CoinSwitch for for an equivalent amount of INR value credited to the user’s wallet within 7 days from the end of the request successfully logged with CoinSwitch Support reachable at support@coinswitc.co.
• Eligible user who has secured Rank 2 will get the Iphone 14 PRO ( https://www.apple.com/in/shop/buy-iphone/iphone-14-pro ) at their preferred address. In case the user doesn't want the Iphone 14 PRO, the user can request CoinSwitch for for an equivalent amount of INR value credited to the user’s wallet within 7 days from the end of the request successfully logged with CoinSwitch Support reachable at support@coinswitc.co.
• Eligible user who has secured Rank 3 will get the Xbox S ( https://www.xbox.com/en-IN/consoles/xbox-series-s  ) at their preferred address. In case the user doesn't want the Xbox S, the user can request CoinSwitch for for an equivalent amount of INR value credited to the user’s wallet within 7 days from the end of the request successfully logged with CoinSwitch Support reachable at support@coinswitc.co.
• Trade Volumes will be calculated only for the trades done during the Term on CoinSwitch PRO 
• Criteria to be eligible for winning rewards for Rank 1, Rank 2, or Rank 3 is as follows:-
  

  Rank	Condition
  1	If Sum Trading Volume is greater than equal to 10 Cr, the user will be eligible for the reward, else he will be eligible to get 50% of reward value in INR in his respective CoinSwitch wallet.
  2	If Sum Trading Volume is greater than equal to 8 Cr, the user will be eligible for the reward, else he will be eligible to get 50% of reward value in INR in his respective CoinSwitch wallet.
  3	If Sum Trading Volume is greater than equal to 5 Cr, the user will be eligible for the reward, else he will be eligible to get 50% of reward value in INR in his respective CoinSwitch wallet.
  Table name :- Reward Criteria

• Note that all rewards above Rs 10,000/- earned and rewards received through participation in the Contest will be subject to 10% (Ten percent) tax. Any tax liability, including disclosure, connected with the receipt or use of rewards or rewards is user responsibility. CoinSwitch will provide TDS proofs/ certificates.
• CoinSwitch is committed to constantly check fake or duplicate accounts. In the case of fraud or abuse with respect to your participation in the Contest or involving Rewards or rewards or in case CoinSwitch has reasonable grounds to suspect User in fraud or abuse with respect to participation in the Contest or involving Rewards or rewards, CoinSwitch has the right, in its sole discretion, to take appropriate administrative and/or legal action, and all rewards earned through the Contest by User may be forfeited and your Contest participation shall stand terminated. For the purposes of these Contest rules, fraud or abuse includes, but is not limited to, any activity between CoinSwitch  Users or between CoinSwitch Users Holders and merchants whose principal purpose is to earn rewards. If any information provided by User is untrue, inaccurate, not current or incomplete, or CoinSwitch has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, CoinSwitch has the right to terminate your Contest participation and refuse any and all current or future access to, or use of the Contest. In any of the circumstances set out in this Contest, including any rewards that may have been issued to User, may be revoked or suspended at CoinSwitch’s sole discretion.
• CoinSwitch usually contact User via registered email. For this purpose User must at all times maintain at least one valid email address in the User’s CoinSwitch  profile. You are required to check for incoming messages regularly and frequently. Emails may contain links to further communication about our CoinSwitch website. Any communication or notice sent by email will be deemed received by User on the same day if it is received in User email inbox before 4.30 pm on a Business Day. If it is received in the email inbox after 4:30pm on a business Day or at any other time, it will be deemed received on the next Business Day.
• If User finds someone misusing this Contest, please reach out to us at support@coinswitch.co. We'll investigate and take all necessary steps to restrict such action(s).
• In case of any dispute, the decision of CoinSwitch  will be final and binding.
• This Contest is subject to our Terms of Use, Trading Policy and Privacy Policy as provided at the links below:
  • Terms of Use - https://coinswitch.co/kuber-terms/
  • Trading Policy - https://coinswitch.co/privacy-policy/
  • Privacy Policy - https://coinswitch.co/trading-policy/
• CoinSwitch expects its Users to read all offer documents carefully before entering into any contests on its platform.
• If User required more information about interpretation or translation services, please email us at support@coinswitch.co
• This Contest shall be governed in accordance with the laws applicable in India, and the Courts in Bengaluru, India shall hold exclusive jurisdiction to resolve the disputes that may arise under these Terms.

• Respecting privacy of your personal data is a priority for CoinSwitch. All User data is collected, transferred, processed and maintained in accordance with the statutory principles applicable in India. If you’d like to know more about how we are handling your personal data, please read our Privacy Policy as referred above.
• The CoinSwitch Privacy Policy shall apply to the use of your personal data with respect to the Contest. In addition, in order to keep User apprised of Contest status, it is important that CoinSwitch  sends User certain Contest information that may include periodic statements of your account and other information necessary for administration.

• CoinSwitch may, among other things: (a) increase or decrease the number of rewards awarded for a Qualifying Transaction or required for a Reward; (b) increase or decrease the maximum number of rewards that each Qualifying Participant can earn; (c) withdraw, limit, modify, or cancel any reward; (d) restrict the continued availability of rewards; (e) change Contest benefits, rewards, conditions of participation, rules for earning, redeeming, retaining, or forfeiting rewards; (f) change or cancel rewards; in its sole discretion at any point of time without prior notification.
• CoinSwitch has the right to end the Contest by providing no less than thirty (30) days’ written notice to User.

• By participating in the "Contest", User as User agree that any Reward is provided upon the condition that CoinSwitch, and its agents or employees will have no liability whatsoever for any injuries, losses or damages of any kind resulting from the acceptance, possession or use of the Reward save for any death or personal injury caused by their negligence.
• User hereby agree to release and to hold CoinSwitch (and its employees, officers, directors, shareholders, agents, marketing partners and affiliates) free and harmless from any and all losses, damages, rights, claims and actions of any kind in connection with participation in the "Contest" or the redemption or use of rewards, including without limitation, personal injury, death and property damage, and claims based on publicity rights, defamation or invasion of privacy save that there shall be no exclusion for death or personal injury where caused by the negligence of CoinSwitch (and their respective employees, officers, directors, shareholders, agents, marketing partners and affiliates). CoinSwitch and its subsidiaries, participating vendors, distributors, marketing partners and affiliated entities are not responsible for (a) any losses caused by events beyond the control of CoinSwitch that may cause the "Contest" to be disrupted or corrupted; (b) any injuries, losses, or damages of any kind caused by a Reward or resulting from acceptance, possession, use, or misuse of the Reward, or from participation in the "Contest" (save where caused by the negligence of CoinSwitch  or its subsidiaries, participating vendors, distributors, marketing partners and affiliated entities); or (d). any printing or typographical errors in any materials associated with the "Contest".
• Further CoinSwitch is not responsible for: (a) the cost of any applicable currency conversion fees; (b) any incorrect or inaccurate information, whether caused by Users or not, printing errors or by any of the equipment or Contest ming associated with or utilized in this Contest; (c) technical failures of any kind, including, but not limited to malfunctions, interruptions, or disconnections in phone lines or network hardware or software; (d) unauthorized human intervention in any part of the entry process or this Contest; (e) technical or human error which may occur in the administration of this Contest or the processing of entries; or (f) any injury or damage to persons or property which may be caused, directly or indirectly, in whole or in part, from participation in this Contest or receipt or use or misuse of any prize.
• CoinSwitch shall not be liable for delay in performing, or failure to perform, any of its obligations under the Promotion terms and conditions, if such delay or failure results from events, circumstances or causes beyond its reasonable control, such as but not limited to fire, flood, earthquake, adverse weather conditions, strike, war (declared or undeclared), embargo, blockade, legal prohibition, governmental action, riot, insurrection, damage, destruction, flight or other transportation delays or cancellations.
• UNDER NO CIRCUMSTANCES SHALL SKRILL BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL OR EXEMPLARY DAMAGES (EVEN IF IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), ARISING FROM THE "Contest"ME OR YOUR PARTICIPATION THEREIN, OR THE USE OF OR INABILITY TO USE ANY 

• User accept all responsibility for, and hereby indemnify and hold harmless CoinSwitch  from and against, any actions taken by any user authorized to use User Contest account, including but not limited to accrual of rewards and the redemption of rewards.
• The accumulation of rewards does not entitle User to any vested rights with respect to rewards, rewards, or Contest benefits. In accumulating rewards, Users may not rely upon the continued availability of any rewards or rewards redemption requirement. CoinSwitch  has the sole discretion to interpret and apply the Contest rules.
• All decisions by CoinSwitch are final and binding.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.