General Rules for Competitions on Bitfinex.com
OPEN TO PERSONS 18 YEARS OF AGE OR OLDER ONLY—SEE ELIGIBILITY
VOID WHERE PROHIBITED BY LAW
General Competition Description: The relevant competition
in which participants are participating is referred to herein as the
“Competition.” These official competition rules are
referred to herein as the “Competition Rules.” The
Competition particulars set out in each additional Competition document
description (the “Competition Description”) are
incorporated into the Competition Rules by reference. The Bitfinex terms of
service available at https://www.bitfinex.com/legal/terms are be referred to
herein as the “Terms of Service,” as they may be changed,
amended, modified, or updated from time to time. All capitalized terms not
otherwise defined in the Competition Rules shall have the meaning set out in
the Terms of Service. Unless otherwise specified in the Competition Rules,
words importing the singular include the plural and vice-versa and words
importing gender include all genders.
For each Competition, the Competition Description shall contain:
- a description of the Competition;
the period during which the Competition is open, accepting entries, and
in respect of which trading activity shall be recorded and credited
towards a prize (the “Competition Period”); and,
a description of the prize(s) to be awarded in the Competition
(including estimated retail value, where applicable).
Odds of winning a prize depend on trading volumes and the number of
eligible Competition participants during the Competition Period.
Eligibility: Competition is open to all verified users on
www.bitfinex.com that are (in the case of individual persons) 18 years of
age or older. Eligible participants may not be Prohibited Persons under the
Terms of Service, and may not be residents of Canada, Switzerland, the
British Virgin Islands, or the Seychelles. Eligible participants must at all
times comply with the Competition Rules and the Terms of Service. Void where
prohibited or restricted by law. Personnel or agents of Bitfinex or any of
its Associates, and members of their immediate families or living in their
households, are not eligible to participate in the Competition. All
participants are subject to verification and review before any prize is
ALL PARTICIPANTS MUST, NO LESS THAN 24 HOURS BEFORE THE END OF THE
COMPETITION PERIOD, CONSENT TO THEIR CHOSEN TRADING NAMES BEING
DIVULGED, LISTED, AND RANKED ON BITFINEX’S LEADERBOARD. PARTICIPANTS
MUST THEREAFTER NOT REVOKE THEIR CONSENT TO THEIR CHOSEN TRADING NAMES
BEING DIVULGED, LISTED, AND RANKED ON BITFINEX’S LEADERBOARD FOR THE
REMAINDER OF THE COMPETITION PERIOD.
Participants can consent to their trading names being added to the
All participants must opt into the Competition and must agree to the
THIS IS A GENERAL OPT-IN IN RESPECT OF ALL COMPETITIONS ON BITFINEX AND
NOT JUST ONE OR MORE PARTICULAR COMPETITIONS.
Participants may opt out at any time. Opting out shall void eligibility in
respect of any and all Competitions running at the date of opt out and all
Competitions in respect of which winners are then being determined.
Participants shall opt into the Competitions by following the link
Participants may opt out of the Competitions at any time by
following the link here.
Winners & Prizes: At the end of the Competition Period,
Bitfinex shall determine the potential Competition winners. Potential
Competition winners shall be determined based on the applicable Competition
rules, the eligibility of Competition participants, and the position of the
participants on the leaderboard. Bitfinex shall then notify the potential
winners. Decisions made by Bitfinex as to the selection of potential winners
and all matters related to the Competition shall be final and binding.
Potential winners shall be notified by the e-mail address associated with
their Bitfinex accounts. Failure by any potential winner to provide any
requested information within a stated time period may result in the
automatic forfeiture of a prize. If the potential winner of any prize cannot
be contacted or the prize is rejected or returned as undeliverable, or the
potential winner fails to provide any requested information within the
required time period, the potential winner forfeits her prize. Prizes are
non-transferable. Bitfinex at all times reserves the right to substitute any
prize with a prize or property of equal or greater value, determined in
Bitfinex’s sole and absolute discretion. Prizes will be delivered to winners
within 4–6 weeks after the Competition is complete. Note that Bitfinex is
not in control of all prize delivery.
Publicity: Except where prohibited by law, by participating
in the Competition or accepting a prize, participants grant Bitfinex and its
designees the right to use their chosen trading names and trading volume(s)
for purposes of selecting and broadcasting winners and for advertising and
promotional purposes for the Competition and similar promotions, worldwide,
and in perpetuity, in any and all forms of media, now known or hereafter
devised without additional compensation, review or approval rights,
notification or permission.
YOU FURTHER ACKNOWLEDGE THAT YOUR PERSONAL IDENTIFYING INFORMATION MAY
BE DISCLOSED TO THIRD PARTIES INCLUDING, WITHOUT LIMITATION, FOR
PURPOSES OF PRIZE FULFILMENT.
General Conditions: All income and other taxes resulting
from acceptance of prizes, if any, are the responsibility of the winners.
The Competition is subject to all applicable laws and regulations. Winning a
prize is contingent upon fulfilling all requirements of the Competition
Rules. Bitfinex reserves the right without liability to disqualify any
participant or cancel, suspend, modify and/or terminate the Competition, or
any part of it, for any reason, including, but not limited to, insufficient
entries, any printing, seeding, typographical, technical errors, human or
otherwise, suspected or actual evidence of electronic or non-electronic
tampering with any portion of the Competition, or if computer virus, bugs,
unauthorized intervention, fraud, or technical difficulties or failures
compromise or corrupt or affect the administration, integrity, security,
fairness, or proper conduct of the Competition or any other factor beyond
Bitfinex’s reasonable control, as determined by Bitfinex in its sole and
In such event, Bitfinex reserves the right to award the prizes to the
extent required by law for eligible entries submitted up to the time of
the impairment (and/or thereafter), or in such other manner as deemed fair
and appropriate by Bitfinex in its sole and absolute discretion. Bitfinex
reserves the right to disqualify any participant it finds to be tampering
or interfering with the operation of the Competition, acting in violation
of the Competition Rules or in an unsportsmanlike or disruptive manner and
void all such participant’s entries.
ANY ATTEMPT BY ANY PERSON TO DELIBERATELY UNDERMINE THE LEGITIMATE
OPERATION OF THE COMPETITION MAY BE IN VIOLATION OF CRIMINAL AND CIVIL
LAWS AND SHOULD SUCH AN ATTEMPT BE MADE, BITFINEX RESERVES THE RIGHT TO
SEEK CIVIL AND/OR CRIMINAL PROSECUTION AND DAMAGES (INCLUDING ATTORNEYS’
FEES) FROM ANY SUCH PERSON TO THE FULLEST EXTENT PERMITTED BY
The invalidity or unenforceability of any provision of the Competition
Rules will not affect the validity or enforceability of any other
provision. In the event that any provision of the Competition Rules is
determined to be invalid or otherwise unenforceable or illegal, the other
provisions will remain in effect and will be construed in accordance with
their terms as if the invalid or illegal provision were not contained
herein. Bitfinex’s failure to enforce any term of the Competition Rules
will not constitute a waiver of that provision. Headings are solely for
convenience of reference and will not be deemed to affect in any manner
the meaning or intent of the documents or any provision hereof.
Waiver and Release: By entering the Competition,
participants waive all rights to claim punitive, incidental and
consequential damages, attorneys’ fees or any damages other than actual
out-of-pocket costs incurred to enter (but not including any costs
associated with trading activity). Participants hereby release Bitfinex and
any prize suppliers (where other than Bitfinex) from any and all liability,
of whatever nature, associated with the Competition, including, without
limitation, as to prize delivery and fulfilment. All issues and questions
concerning the construction, validity, interpretation, and enforceability of
the Competition Rules, or the rights and obligations of the participant and
Bitfinex in connection with this promotion shall be governed by, and
construed in accordance with, the laws of the British Virgin Islands,
without giving effect to any choice of law or conflict of law rules. The
venue for any dispute shall be the courts of the British Virgin Islands.
Force Majeure: Bitfinex is not responsible for damages
caused by delay or failure to perform undertakings under the Competition
Rules when the delay or failure is due to fires; strikes; floods; power
outages or failures; acts of God or the state’s enemies; acts of any
Government or Government Official; any and all market movements, shifts, or
volatility; computer, server, or Internet malfunctions; security breaches or
cyberattacks; criminal acts; delays or defaults caused by common carriers;
acts or omissions of other Persons; or, any other delays, defaults, failures
or interruptions that cannot reasonably be foreseen or provided against. In
the event of force majeure, Bitfinex is excused from any and all performance
obligations under the Competition Rules.
Competition E-mails: By participating in the Competition,
participants agree to receive e-mails related to the Competition including,
but not limited to, a registration confirmation e-mail.
Contacting Bitfinex: Any questions, complaints, or feedback
about any Competition should be addressed to https://cs.bitfinex.com.