Terms of Reference: We advise you to carefully read the conditions of use of CryptoMKT services.
Referral Program (the “Program”): Reward program Rewards plan to consist of awarding referents and referrals, following the conditions indicated below, by making the first registration invitations on the platform of CryptoMarket to third parties not registered, and by accessing the seconds to the platform, register, and meet the requirements that each Campaign requires.
Campaign: Referral Program with limited validity to time and availability of certain prizes, published by CryptoMarket on its Platform, with specific conditions and prizes.
Host: A user who is duly registered with an account in CryptoMarket, who shares his QR Code or his personalized URL to the Referred, so that he creates his own and that, having fulfilled all the terms and conditions of each Campaign, will have the eventual right to receive a Prize in exchange.
Referral: Person who creates an account in CryptoMarket by virtue of an invitation received by a Referrer, either by QR code or by URL.
Prize: A benefit to which the Host is entitled, to the extent that the conditions of these Terms and the respective Campaign are met.
Good faith: The Programs are designed in good faith, and it is that same good faith that we expect from Hosts and Referrals. Consider that we can stop awarding the prizes if we believe that the participants act in bad faith or against the nature of this Program.
Whenever CryptoMarket initiates a Campaign, every user duly registered and with an active account may participate in the Referral Program.
To obtain the benefits of the Program, it is necessary to fully comply with the following requirements: (1) the registered user must share their QR code or personalized URL, which will be available by accessing "My Account"> "Referral Program"; (2) that the referral is created an account in CryptoMarket having entered using that QR code or that URL; and (3) Host and Referrer comply with the conditions set forth in these Terms and the conditions determined by CryptoMarket for the respective Campaign.
In case of complying with the above conditions, the Hosts will receive the prizes in the corresponding form according to their nature. So, just by way of example, if the prize is determined by CryptoMarket in XLM, they will arrive at your XLM wallets.
If the Referid is already a user of the Platform, the Host can not claim any prize for the reference.
The fact of the registration of the Referred by means of the Program does not constitute any kind of exception with respect to the KYC (Know Your Costumer) processes that CryptoMarket applies.
CryptoMarket reserves the right to determine the term of each Campaign and its effects, determine the awards received by the Host and terminate or modify at any time any condition of the Program.
If CryptoMarket identifies that a Host or a Referrer attempted to make or use the Program in an erroneous, fraudulent, illegal manner or in violation of these Terms or the Conditions of one or more Campaign (s), it will be banned and will no longer be able to access it. the benefits of this or the next Programs. The definition of the misuse of the Program is at the discretion of CryptoMarket.
Without being exhaustive, behaviours indicative of misuse are considered:
It is not allowed to References and Referral marketing, mass distribution or resale of QR codes or URLs, so we will not consider such references. We can not discern the will of each of the participants, nor do we intend to do so, however, we are committed to acting fairly and reasonably.
TAlso not allowed for hosts and referral:
Yes, it is allowed:
1. Duration: Campaign Nº1 starts on 25-07-2018 and will end on 31-03-2019.
2. Award: As soon as a new user registers for the reference of a Host, the latter will receive an award equivalent to a percentage of the rate received by CryptoMKT, exclusively for the operations of purchase of cryptocurrency made by its Referred.
The percentage that the Host will receive will be defined according to the Tier that it has reached by its own operations within the CryptoMKT platform, as detailed in the following table:
To see what Tier you are in, you must enter “My personal data” >> “Dashboard”.
4. Reception of the Prize: The Host will receive the prize on his cryptocurrency wallet that has been purchased by his Referred. Thus, if the Referral made an ETH purchase, the Host will receive the corresponding percentage of the fee on their ETH wallet.
The reception of the prize will occur within 24 hours, counted from the execution of the purchase order made by the Referee. This period, however, may be extended in case of unforeseen events that delay the delivery of the prizes.
The Host will only receive prizes for the transactions made by its Referral within the period of this Campaign.
5. Users who are at the "Observer" level of verification, either as a Host or as a Referral, will not generate any prize for the purposes of this Campaign. This, because they can not perform any operation through the Platform.
6. This Campaign will be governed by the rules described here, and those established in the Terms of Service. They will not have any value, therefore, those related to previous campaigns whose term has expired.
*Review the general Terms of Service applicable to our Referral Programs here. Remember that these are applicable every time you share your ID, URL or QR code
**Remember that CryptoMarket reserves the right to change the terms and conditions of the Referral Program and this Campaign at any time. This could be due to changes in market conditions, a risk of fraud or other factors that we consider relevant.
Championship is a campaign that is part of the CryptoMKT’s Referral Program, which aims to reward users with the highest number of Active Referrals.
1. Duration: CryptoMKT will define the duration of this campaign for periods, consecutive or not, whose prolongation will remain at its sole discretion.
The first period started on November 14th, 2018 and it finished on November 26th, 2018 at 23:59 hrs. (GMT 0).
The second period started on November 27th, 2018 and it finished on December 17th, 2018 at 23:59 hrs. (GMT 0).
The third period started on December 18th, 2018 and it finished on December 31th, 2018 at 23:59 hrs. (GMT 0).
The fourth period started on January 1th, 2019 and it finished on January 31th, 2019 at 23:59 hrs. (GMT 0).
The fifth period will start on February 1th, 2019 and it will finish on March 17th, 2019 at 23:59 hrs. (GMT 0). The duration of the following periods will be timely informed.
Within the time defined for each period, the general and specific conditions of the Referral Plan must be fulfilled, in addition to those established for this Championship.
2. Prize: CryptoMKT will compile a ranking of the 10 Host that will register the highest number of Active Referrals, and the first 5 of them will be awarded.
For purposes of this Campaign, an Active Referral shall be understood as the one who fulfilled the following requirements:
If there is 2 or more Host with the same number of Active Referrals, the winner will be defined for the one with the most Active Referrals verified up to Trader tier.
The prizes might be different for each period. For the fifth period, between february 1th and june 31th, 2019, the prizes will be indicated in the following chart:
|Top 1||100 EOS|
|Top 2||50 EOS|
|Top 3||25 EOS|
|Top 4||15 EOS|
|Top 5||10 EOS|
The ranking of the period will be updated in real time and it will be available at https://www.cryptomkt.com/en/referral.
3. Prize reception: the Host will receive his corresponding prize -according his position in the ranking- directly to his EOS Wallet of CryptoMKT, in no more than 96 hours once the period is finished.
In addition, the circumstances of appearing in the ranking at the end of the period in question will be communicated to the winners by email.
Only the Host and his Referred user who meet all of the following conditions will qualify for the allocation of prizes:
•The Referred user creates an account in CryptoMarket by an invitation received from a Host user, either by QR code or by URL.
•During the period of 90 days, counted from the registration of the Referred user, this one carries in one or more transactions the purchase of cryptocurrencies and for an amount that is greater than:
•The operations of the sale of cryptocurrencies will not be accounted for the purposes of this program. Only purchases of balances paid in local currency will be posted for the purposes of the program.
•Referred users of previous programs will not be counted for this program.
•The Host user will only receive prizes for the transactions made by his Referral within the period of this campaign (maximum 90 days from the program start date).
•Host or Referred users that violate the Good Faith of this program will be penalized..
Prize: Only if the Referred user that fulfills all of the conditions established for campaign No. 5, both the Host and the Referred user, will receive a prize equivalent to 1 EOS.
The reception of the prize will occur within 24 hours, counted from the execution of the purchase order made by the referred user complies with the conditions. This period, however, may be extended in case of unforeseen events that delay the delivery of the prizes.
Users who are at the "Observer" level of verification, whether as a Host or as a Referral, will not generate any prize for the purposes of this Campaign. This, because they can not perform any operation through the Platform.
This campaign will be governed by the rules described here, and those established in the Terms of Service. They will not have any value, therefore, those related to previous Campaigns whose term has expired.
By this means, "CRYPTOMKT" S.A. DE C.V. it states and declares that, prior to the entry into force of the Law to Regulate Financial Technology Institutions, it was carrying out activities regulated in it. For this reason, in terms of the Transitory Provisions of the aforementioned law, "CRYPTOMTK" S.A. DE C.V. interpose the corresponding authorization request before the National Banking and Securities Commission, and in its case before the Bank of Mexico, in the terms established in the general dispositions that are issued for that purpose.
At the moment that "CRYPTOMKT" S.A. DE C.V. request the authorization published by this means or the one that the law indicates for this purpose, that the request is in process, reason why the activities carried out during this period are not supervised by the competent Mexican authorities.
CRYPTOMKT" S.A. DE C.V. will continue to carry out the aforementioned activities in order to provide the best and most innovative service in the financial sector.