| In total, Bitpanda Ecosystem Token (“BEST”) worth a total value of EUR 35,000.00 is available for distribution to Winners. This amount of BEST will be distributed to the Winners as defined in the table above and randomly as described in this Section 2. The EUR-value of BEST is determined by the market value according to the BEST/EUR trading pair on Bitpanda Pro after the Competition Period and at the time of transfer to the Winners. Bitpanda will strive to transfer the payment of the rewards in BEST within a week after the Competition Period has ended. You acknowledge and agree that such transfer may be delayed and Bitpanda shall not be liable for any losses arising out of or in connection with a late transfer (e.g. losses due price changes). The Prize will be credited directly to the Winners respective Bitpanda Pro BEST Wallet. |
3. Requirements for Participation
Only fully verified and registered Bitpanda Clients that accept these Terms are allowed to sign up and participate in the Competition, as long as such a client is not any natural or legal person performing market making services or similar services (“Participant”). For the avoidance of doubt, all market makers are excluded from this Competition. Any volume the Participant may have generated on Bitpanda Pro prior to signing up to this Competition will not be taken into account and will not be included in the calculation on the trading-volume. Any trading-volume generated outside of Bitpanda Pro will not be taken into account. For the avoidance of doubt it is hereby stated and clarified that any trading-volume generated on Bitpanda Broker does not apply to this Competition.
You are aware and accept that Bitpanda, at its sole discretion may amend and/or call off the Competition as described herein at any time and you do not have any legal claim against Bitpanda arising out of or in connection with this Competition.
4. Determination and notification of the Winners
All the Participants will be able to see their current rank during the Competition Period in their dashboard. There will also be a list with the current ranks published on the leaderboard on Bitpanda Pro which will be available to the Participants as well as non-participants.
Bitpanda will strive to ensure that the ranks on the leaderboard and in your dashboard are current at all times. However, due to technical or other issues, discrepancies between the ranks and the actual traded volume might occur. Furthermore, such issues might lead to a mismatch between your rank on the leaderboard and your rank in your dashboard.
You hereby acknowledge and accept that your rank on the leaderboard and your rank in the dashboard are not binding determinants regarding the actual traded volume and therefore do not determine the Winners of the Competition. Furthermore, you hereby acknowledge and accept that Bitpanda will not be liable for any direct or indirect losses resulting out of any rank (on the leaderboard or in the dashboard) not representing the corresponding trading volume properly and that no right or claim against Bitpanda can arise thereof.
The randomly selected Winners outside the top 10 ranks will be selected by an internal procedure of Bitpadna and Participants will have no right or claim against Bitpanda regarding the intricacies of the aforementioned procedure or its results.
Participants, who are declared Winners in accordance with Section 2. will be notified accordingly via email on the email address they have stated in their Bitpanda account.
You hereby acknowledge and accept that Bitpanda may in its sole discretion disqualify a Participant for the Competition at any time for whatever reason, including but not limited to cases where Bitpanda suspects collusion between the Participants aimed at manipulating the volume and prices on Bitpanda Pro or any other manipulation by the Participants deemed unfair by Bitpanda.
You hereby acknowledge and accept that any breach of these Terms or any other Terms and Conditions of Bitpanda and / or its subsidiaries may result in disqualification.
You hereby acknowledge and accept you may not share your assigned Nickname with any other Participants during the Competition Period and that a failure to abide by this obligation may result in disqualification.
Bitpanda is not responsible for the correctness of the data provided by you and may disqualify a Participant if the registered Bitpanda user email address is not valid.
If disqualified, you hereby acknowledge and accept that you will not have any claim against Bitpanda including but not limited to any direct or indirect losses you might have accumulated in connection with the participation in the Competition.
6. Data protection
Bitpanda collects your personal data on the basis of your consent in accordance with Article 6 Section 1 letter a General Data Protection Regulation 2016/679 (“GDPR”) and insofar as this is necessary for the establishment of the legal relationship with the Participant and for the subsequent implementation and handling of the Competition.
For more information regarding your personal data, how, why and how long it is processed and which rights you have according to the GDPR, please click here.
For further questions as to that, please contact Support.