Last Update: 25th June ,2019
Referral Program Terms and Conditions
The Go.Exchange Referral Program (hereinafter referred to as the “Program”) offered by Go Exchange Ltd. (“Exchange”, “we”, “us”) has been created to reward you (“client”, “referrer”, “participant”) for recommending us to other users (the “referees”) to use Exchange services.
The Exchange Referral Program Terms and Conditions (hereinafter referred to as the “Terms & Conditions”) are a binding agreement between you and the Exchange and will govern your participation in the Program.
Please read these Terms & Conditions carefully before signing up for and/or participating in the Program.
Program Participation and Eligibility
The Program is available only for current clients, who have active on the Exchange [accounts].
The Program is only available online and Internet access is required for participation in the Program.
You may participate in the Program by inviting other users to register with the Exchange by using your customized referral link or QR code as provided by us.
To be eligible for participation in the Program:
- you must have a verified account with the Exchange in good standing;
- both you and referee must be at least 18 years of age;
- both you and referee must be legally permitted to participate in the Program in a country of residence at the time of participation;
- the Exchange reserves the right to find ineligible any participant in the Program at its sole discretion.
Employees, subsidiaries or representatives, including immediate family and household members, of the Exchange are not eligible to participate in the Program and earn referral rewards.
You must not participate in the Program if it is void or illegal by the applicable laws or regulations in your jurisdiction.
If your account is “interrupted”, “suspended” or you terminate your account with the Exchange, you are no longer eligible to participate in the Program. Upon termination of your account with the Exchange, your account will be inactive and you will not be able to make referrals or earn referral rewards, including any referral rewards that may be pending.
You may participate in the Program only with one Exchange account.
The Exchange reserves the right to void any referral reward based on ineligibility of any Program participant, for illegal, unlawful or fraudulent activities or, if we, at our sole discretion, find that you have breached any of the Program Terms & Conditions or the Terms & Conditions of the Exchange.
You expressly represent and warrant that you shall not make any promise, mislead or misrepresent the Program or your possible rewards or benefits to any person. You further represent and warrant that your participation in the Program is in accordance with all applicable laws and regulations in the country where you reside.
How the Program Works
You, being a current client of the Exchange, will receive a customized referral link, which you will share with your friends, relatives, affiliates and other users.
You are entitled to receive referral rewards if your referees complete their registration with the Exchange and perform transactions using their Exchange accounts, by clicking the referral link shared by you.
You will earn 20% of all the transaction fees paid to the Exchange by each of your referees. All referral rewards will be paid in the form of the token that the referees have transacted in on the Exchange. The 20% of transaction fees are [post discounted fees][only apply to such transaction fees incurred after the application of any transaction fee discounts the referee uses to pay any transaction fees], should the referee use any Exchange discount mechanism to pay such transaction fees.
You acknowledge and agree that by using the referral link or QR code your referees will be informed that you are the referrer and that you may receive a referral reward if your referee signs up for the Exchange services.
You understand and accept that you will not receive any referral reward if your referrals are rejected or are not received for any reason, or if you fail to comply with any of these Terms & Conditions.
The referral reward will be sent to your Exchange [wallet][account] as soon as your referee’s transaction has been successfully performed.
Referral rewards can be neither transferred nor assigned to any third party.
We reserve the right to withhold referral rewards or terminate your Exchange account at our sole discretion when we believe that fraudulent behavior, other unethical conduct or any action that could damage or harm the reputation of the Exchange or in any way that compromises the fairness the Program in any way.
The Exchange will not honor referral rewards in relation to commercializing, publishing, mass distributing or selling customized referral links.
In connection with your participation in the Program, you may receive confidential and proprietary information belonging to the Exchange. You will maintain all of such confidential and proprietary information in strict confidence and use it only in connection with your participation in the Program. This clause shall survive the termination of the Program or your Exchange account for any reason.
Other than with respect to materials provided to in connection with your participation in the Program, your status as a participant in the Program does not entitle you to use any trademarks, copyrighted materials, patents, names, logos or other intellectual property owned or licensed by the Exchange or its respective affiliates.
By participating in the Program, you agree to and are bound by these Terms & Conditions. If you do not wish to agree to and abide by these Terms & Conditions in their entirety, you are not authorized to participate in the Program.
You agree and accept that neither the Exchange nor any of its affiliates, employees, officers, directors, consultants or other representatives shall have any liability to you or to any of your representatives as a result of your participation in the Program.
All participants in the Program expressly understand and agree that:
- your use of the Program is at your sole risk, the Program is provided on an “as is” and “as available” basis and the Exchange expressly disclaims all warranties, conditions and terms of any kind to the full extent permissible at law;
- the Exchange makes and gives no promise that the Program will meet your requirements or expectations, or be uninterrupted, timely, secure, or error-free;
- the Exchange disclaims any liability for damage to any computer system resulting from participating in, or accessing or downloading information in connection with the Program, and reserves the right, at its sole discretion, to cancel, modify, or suspend the Program should a virus, bug, computer problem, unauthorized intervention, or other causes beyond our control, corrupt the administration, security, or proper operation of the Program; and
- the Exchange shall not be liable to any participant for failure to pay any referral rewards by reason of any acts of God, any action(s), regulation(s), order(s), or request(s) by any governmental authority, equipment failure, threatened terrorist attacks, terrorist acts, air raid, blackout, earthquake, tornado, war, unusually severe weather, explosion, labour or material shortage, transportation interruption of any kind, work slow-down, civil disturbance, or any other similar or dissimilar cause beyond our control.
By agreeing to and accepting these Terms & Conditions, you agree and confirm that you will not claim any damages in connection with the Program, and expressly waive and release the Exchange, and its respective affiliates, employees, officers, directors, consultants or other representatives from any claim for damages (including any direct, special, indirect, incidental, or consequential damages) in connection with, arising out of, or in any way related to, the Program or these Terms & Conditions to the maximum extent permissible at law.
The Exchange reserves the right, at its sole and absolute discretion, to cancel, change, suspend, or modify any aspect of the Program or Terms & Conditions at any time, without notice.
The Exchange reserves the right, at its sole and absolute discretion, to terminate or suspend your participation in the Program for breach of these Terms & Conditions.
The Exchange reserves the right, at its sole discretion, to terminate or prohibit you or your referees from participating in any aspect of the Program if the Exchange deems or suspects that you or the referees have engaged in or have attempted to engage in any of the following:
- damaging, tampering with or corrupting the operation of the Program or https://go.exchange or the website of any Exchange affiliate ;
- acting with intent to annoy, harass, or abuse any other person;
- any inappropriate, uncooperative, disruptive, fraudulent, potentially fraudulent, or unusual behavior or activity; or
- activity deemed at the sole discretion of the Exchange to be generally inconsistent with the intended purpose of the Program.
We reserve the right to amend or otherwise change any part of these Terms & Conditions, in whole or in part, at any time without any prior notice or your consent.
When we update these Terms & Conditions, the “Last Update” notice at the top of this document shall be amended to reflect the last date of such changes, and such changes shall be effective immediately.
If any change to these Terms & Conditions is not acceptable by you, you must immediately discontinue your participation in the Program. Your continued participation in the Program after any such changes to these Terms & Conditions will constitute acceptance of those changes. These Terms & Conditions apply only to your participation in the Program and do not alter the terms or conditions of any other agreement you may have with us.
Governing Law & Disputes
By participating in the Program, you agree that you have read, understand and will abide, and be bound, by these Terms & Conditions.
YOU AND THE EXCHANGE AGREE THAT ANY DISPUTE, CLAIM OR CONTROVERSY ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT, THE PROGRAM, THE PLATFORM, OR ANY OF THE SERVICES (INCLUDING THE BREACH, TERMINATION, ENFORCEMENT, INTERPRETATION OR VALIDITY THEREOF, INCLUDING THE DETERMINATION OF THE SCOPE OR APPLICABILITY OF THIS AGREEMENT TO ARBITRATE) SHALL BE SETTLED BY ARBITRATION IN ACCORDANCE WITH PART IV (DOMESTIC ARBITRATION) OF THE MALTA ARBITRATION ACT, 1996 AND THE ARBITRATION RULES OF THE MALTA ARBITRATION CENTRE AS AT PRESENT IN FORCE. The appointing authority shall be the Malta Arbitration Centre. The number of arbitrators shall be one and the Exchange has the sole discretion to choose the arbitrator. The place of arbitration shall be Malta. The language to be used in the arbitral proceedings will be English. You agree that you and the Exchange are each waiving the right to a trial by jury and to participate in a class action. The applicable substantive law shall be the law of the Republic of Malta. Users agree to bear all costs, including the Exchange’s costs (including but not limited to any attorney fees, travel fees, or filing fees) in connection with arbitration proceedings.
The award shall be final and binding.
The arbitrator shall not have the power to award damages that are limited or waived by this Agreement (such as punitive damages, treble damages, or any other damages which are not compensatory), to the extent such limitation or waiver is permitted under applicable law, and the parties waive any right to recover any such damages. Further, the arbitrator shall have no power to issue any award that is contrary to or inconsistent with any applicable statute, case law or constitutional law, to modify, change or excuse performance of any material term of this Agreement, or to award equitable relief. The arbitration proceedings and decision of the arbitrator shall be kept confidential (and may not be disclosed) by the parties or the arbitrator, except to the extent necessary to compel any award made by the arbitrator.
YOU AND THE EXCHANGE AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. Further, unless both you and the Exchange agree otherwise, the arbitrator may not consolidate more than one person's claims with your claims and may not otherwise preside over any form of a representative or class proceeding.
Each party agrees that notice of arbitration may be serviced by written notice as provided in the Terms & Conditions.
This arbitration provision shall survive any termination of other terms.
Other Terms and Conditions
These Terms and Conditions constitute the entire agreement between you and the Exchange with respect to the subject matter hereof, and supersede all communications, representations or agreements, either oral or written, between us or our affiliates and you with respect to the Program.
You may not assign any rights or obligations under these Terms & Conditions without our express prior written consent, which may be withheld at our sole discretion. We may assign our rights and obligations under these Terms & Conditions without your consent.
Referral rewards may be taxable, depending on local tax laws applicable to the participant. Participants are solely responsible for reporting such items on their tax returns and paying any associated tax liability.
By participating in the Program you agree to comply with all applicable laws and regulations and not to engage in any activity that may be considered fraudulent or invasive or that may be considered spamming.
If you have any questions about the Program or these Terms & Conditions, please e-mail us at [email protected]