🎁Referral Program Terms and Conditions
This Referral Program offered by HKD.com Limited, an International Business Company incorporated in the Republic of Seychelles, and of company number 235204 (“HKD.com”) has been created to reward you, our loyal users, (“you,” “Referrer,” “Participant”), for doing what you would already do - recommending HKD.com to friends who sign on to be HKD.com users and proceed with opening an account through the HKD.com exchange platform.
The following Referral Program Terms and Conditions (“Program Terms and Conditions” or “Terms and Conditions” or “Conditions”) contain important information about our Program, so please read them carefully. These Program Terms and Conditions are a binding agreement between you and HKD.com and will govern your participation in all Program offers. By participating in the Program, you agree to the HKD.com Terms and Conditions and the Privacy Policy. You are not authorized to participate in the Program if you do not agree to these Program Terms and Conditions in their entirety.
HKD.com reserves the right to modify these Program Terms and Conditions at any time, at its sole discretion, and without prior notice to you. Participation in the Program is considered acceptance of Program Terms and Conditions and any modifications which might be made. HKD.com may also, in its sole discretion, change, cancel, suspend, or modify any aspect of the Program without notice. HKD.com also reserves the right to disqualify any users or prospective users at any time from participation in the Program.
Referral Program Terms and Conditions
General i. These terms and conditions apply to the HKD.com Referral Program (“Program”). By referring a friend or otherwise participating in the Program, the referring user (“Referrer”) agrees to be bound by these terms and conditions, the HKD.com Terms and Conditions (“Conditions”), and all other related documents which are incorporated and form part of the Conditions, including but not limited to the User Agreement and the Privacy Policy. ii. All terms not otherwise defined herein shall have the definitions set forth in the Conditions.
Program Participation i. To be eligible for participation in the Program, the Referrer must be an existing User and registered account holder on HKD.com. The Referrer may refer friends (each a “Referee”) to HKD.com by sharing his/her unique referral link or referral code, which is provided by HKD.com to the User in such User’s administrative interface, upon their successful registration as a User. ii. The terms governing the eligibility of Users to use the Sevices on the Interface as set out in the Conditions shall apply to any Referee.
Eligibility for Referral Rewards
The Referrer and Referr shall be eligible for the Referral Rewards (as defined below) if such Referee is deemed a Qualified Referr. For the purposes of these terms and conditions, a “Qualified Referee” refers to a new User who has:
Registered for an account on HKD.com through the referral link or referral code sent to them by the Referrer
Been accepted as a User on HKD.com; and
Successfully completed a trade on HKD.com with a minimum notional value as updated from time to time in the Fee Schedule
Referral Rewards
The Referrer and Qualified Referr shall be entitled to enjoy the following referral rewards (“Referral Rewards”):
The Referrer shall receive a proportion of commissions charged by HKD.com (the “Commission Fees”) for any trades conducted by the Qualified Referee and all such persons whose referral can be ultimately traced to the Referrer (the “Referee Network”). The Referrer shall receive Commission Fees in the amount equivalent to such Referrer’s Effective Commission Base. The Referrer’s Effective Commission Base shall be calculated as (A) an adjustable percentage of commission charged by HKD.com for any trades conducted by the Qualified Referee; and/or (B) a discretionary amount of HDAO utility token or other alternative utility token given to Referrer by HKD.com campaign management team as a courtesy.
Payment of the Commission Fees shall be made directly to the Referrer’s registered account on HKD.com. There is no set time for Commission Fees distribution, and HKD.com reserves the right to change, suspend, delay, and cancel any Commission Fees the Referrer is entitled to or is not entitled to with and/or without notice or announcement of any sort. The Commission Fees can also be paid in any currency or commodity as HKD.com deem fit. By using the Program, Referrer and Referee both agree and consent to this clause.
The Referrer can earn Commission Fees for an undefined duration of the Qualified Referee on all transactions that the Qualified Referee or the Referee Network undertake on HKD.com, subject to clause 4(i)(d) below. HKD.com has the right to define the above-mentioned duration or leave it undefined as HKD.com deem fit.
If a Qualified Referee or any member of the Referee Network is banned from trading for any reason, HKD.com will not pay the Referrer any outstanding Commission Fees for the revenues generated by such banned Qualified Referee or member of the Referee Network. If a Qualified Referee is being investigated by HKD.com for any reason, HKD.com will withhold payments of any outstanding Commission Fees generated from such Qualified Referr or member of the Referee Network until the relevant investigation has been fully completed.
Conduct
In addition to the restrictions agreed to by the Referrer in the Conditions, the Referrer hereby agrees that the following activities are expressly prohibited, and engaging in any of these will be grounds for immediate termination and disqualification from the Program and may lead to the forfeiture of accrued, but not yet received, Referral rewards:
Direct or indirect self-referrals by the Referrer
Setting up any site redirects from any page on the website or network of websites belonging to the Referrer or any third party so that the page goes directly to HKD.com;
Modifying the Referrer’s referral link in any manner, including modifying the referral link such that the modified referral link leads to a website other than HKD.com;
Spam, bulk distribution of referral links, distribution to strangers, or any other promotion of the Referrer’s referral link that would constitute or appear to constitute unsolicited commercial email or spam under any applicable law or regulation under any jurisdiction;
Fraud, attempted fraud, or abuse of the Program or these terms and conditions; and
Selling, trading, bartering, or providing anything of value to third parties beyond the referral link or otherwise using the referral link or Referral Rewards for promotional purposes.
Termination
HKD.com reserves the right to terminate the Program at any time, at its sole and absolute discretion. HKD.com shall not be liable to provide any Referral Rewards in respect of any Referrals occurring after the termination of the Program in according with this Clause 6(i).
HKD.com may, in its sole and absolute discretion, terminate or suspend any Referrer’s participation in the Program for breach of these terms and conditions or taking any actions that are inconsistent with the intent of these terms and conditions. In connection with the above, HKD.com reserves the right to confiscate any historical Commission Fees which have been paid to the relevant Referrer or withhold payment of any outstanding Commission Fees to such Referrer.
Force Majeure
HKD.com shall not be liable to any Referrer or Qualified Referee for failure to distribute any Referral Rewards by reason of any acts of God, any actions, regulations, orders, or requests by any governmental or quasi-governmental entity (whether or not the actions, regulations, orders or requests prove to be invalid), equipment failure, threatened terrorist attacks, terrorist acts, air raid, blackout, earthquake, tornado, hurricane, typhoon, war, unusually severe weather, explosion, labor or material shortage, transportation interruption of any kind, work slow-down, civil disturbance, or any other similar or dissimilar cause beyond the Group’s control.
Indemnification
The Referrer agrees to indemnify, defend, and hold HKD.com and its representative and agents harmless from and against any and all third-party claims, demands, liabilities, costs, or expenses, including attorney’s fees and costs, arising from or related to any breach by the Referrer of any of these terms and conditionals or any violation by the Referrer of applicable law.
Important Disclaimers
HKD.com makes no express or implied warranties or representations with respect to the Program, the Referral Rewards, or the Commission Fees payment arrangements (including, without limitation, their functionality, warranties of fitness, merchantability, legality, non-infringement, or any implied warranties arising out of a course of performance, dealing or trade usage).
This Program is not intended to be and shall not be understood, interpreted, used, marketed, promoted, or utilized as, but not limited to, an affiliate program, member-get-member (MGM) scheme, pyramid scheme, multi-level marketing, or Ponzi scheme. HKD.com recognize these activities as illegal events and will periodically review all accounts to evaluate if any Users are utilizing the Program to conduct such illegal activities for selfish gains. If such activities are identified, HKD.com will immediately report the affected and involved account(s) to the applicable authorities and suspend such accounts if necessary.
Independent Investigation
The Referrer acknowledges that he/she has read these terms and conditions and agrees to abide by these terms and conditions in their entirety. The Referrer has independently evaluated the desirability of participating in this Program and is not relying on any representation, guarantee, or statement other than that set forth in these terms and conditions.
Contact Us
If you have any other questions about the Program, please contact us at cs@HKD.com
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