TERMS OF USE - REFERRAL

This referral program lets you and your friends earn a referral bonus in the form of scratch cards. The purpose of this referral program is to incentivize all existing customers of CoinSwitch to introduce new users from their respective networks. In this process, we recognize the CoinSwitch users for their efforts.

As soon as your family or friend (“your referee”) signs up on CoinSwitch app using your unique referral link and fulfills the below conditions, you’ll both receive the scratch card. The scratch card amount will be credited in the form of Bitcoin and may vary from time to time.

The following referral scheme is specific to you and will be applicable for referrals done after 11 AM (IST), 21 June 2022.

• For every referral, you will get a 50 INR scratch card when your referee successfully completes KYC and bank details verification and a 150 INR scratch card when your referee buys their first crypto.
• You will get an additional 250 INR scratch card when 2 of your referees buy their first crypto.
• You will get an additional 550 INR scratch card when 3 of your referees buy their first crypto.
• You will get an additional 200 INR scratch card each time when 4 or more of your referees buy their first crypto.
• For you to get referral rewards, you must complete your KYC & Bank Verification.
• You will get referral rewards 48 hours after your referee has done the required action and has not withdrawn the funds from the CoinSwitch app.
• We will have a right to deduct any transaction or platform cost, or any other charges incurred by us while crediting the rewards to the User who has received a scratch card under the referral program.
• The referral amount is credited in the form of Bitcoin of equivalent value. We do not provide any guarantee or commitment on the quantity of the Bitcoin which would be credited, and the quantity shall be derived based on the real-time value or price of Bitcoin prevailing at the time when the scratch card is redeemed by you.
• All verified users of CoinSwitch app are eligible for the referral program.
• Each verified user can benefit from the referral program by referring their friends and family. Your referee must not have an existing CoinSwitch account.
• CoinSwitch reserves the right to modify the terms and conditions of the referral program, including terminating or suspending the referral program, with immediate effect, as it may deem fit without any prior notice.
• CoinSwitch reserves the right to disqualify or disallow any person/users from the CoinSwitch referral program for illegal or unlawful or other reasons as it may deem fit.
• CoinSwitch can't guarantee a scratch card on every account you refer to due to the limitations mentioned above and the risk of fraud, but we make a good faith effort to do so whenever possible. In addition, CoinSwitch reserves the right to change, suspend or terminate the terms of the referral program at any time due to changing market conditions, risk of fraud, or other reasons as it deems fit. By participating in the referral program, you acknowledge that receiving a scratch card is not guaranteed by CoinSwitch.
• We constantly look out for fake or duplicate accounts. If we find something amiss, we will disqualify those accounts from being part of the referral program and withdraw any rewards or scratch cards that may have been credited earlier.
• If you find someone misusing the referral program, you can let us know by contacting us directly at support@coinswitch.co. We'll investigate it and take the necessary steps.
• In case of any dispute, the decision of CoinSwitch will be final and binding.
• The referral program is subject to our terms of use, trading policy and privacy policy, please read them carefully.

• All verified users of CoinSwitch app are eligible for redeeming vouchers. Partner brands that provide voucher codes to users would communicate the value and the expiry date of the voucher on their respective websites/apps.
• Vouchers from a partner brand can be redeemed limited number of times as per the discretion of the partner brand.
• A verified user can redeem a unique voucher code only once.
• Some Vouchers are valid only for new users. Existing verified users of CoinSwitch will not be able to redeem such vouchers.
• Holders of the vouchers cannot exchange vouchers for their value in Rupees.
• A user is solely responsible for their voucher codes. CoinSwitch is not responsible for lost/stolen voucher codes.
• Some vouchers have a maximum number of redeems and hence would follow a first come first serve policy.
• Vouchers cannot be redeemed after they have expired. CoinSwitch allows only one voucher code to be redeemed per user.
• CoinSwitch reserves the right to modify the terms and conditions of the vouchers, including terminating them, with immediate effect, as it may deem fit without any prior notice.
• CoinSwitch reserves the right to disqualify any person/persons/institutions from the CoinSwitch vouchers as it may deem fit.
• No legal clauses are binding CoinSwitch to honor any/all the redemption of vouchers.
• In case of any dispute, the decision taken by CoinSwitch will be final.