Offer Period: 21st Feb – 22nd March, 2026
How It Works?
Share your ZebPay referral link
Friend signs up & completes KYC
They trade Futures, you earn rewards
🏆 Referrals & Rewards
| Futures Volume Tiers | No of Top Qualifiers | Reward (Referrer & Referee) |
| ₹1,00,000 to ₹5,00,000 | 20 | ₹500 |
| ₹5,00,000 to ₹10,00,000 | 15 | ₹1,250 |
| ₹10,00,000 to ₹50,00,000 | 10 | ₹2,500 |
| ₹50,00,000 to ₹1,00,00,000 | 5 | ₹5,000 |
| ₹1,00,00,000 + | 3 | ₹7,500 |
Eligibility Criteria:
Terms & Conditions for ZebPay’s Referral Contest (Feb – Mar, 2026)
Awlencan Innovations India Limited (hereinafter referred to as “ZebPay”), is offering its Users of the ZebPay Platform in India, an opportunity to participate in the ZebPay’s Referral Contest (Feb – March, 2026) (the “Contest”) and seek rewards, subject to the eligibility criteria and other requirements listed in these terms & conditions (“T&Cs”).
These T&Cs shall apply to all Participants (as defined below). By accessing the ZebPay Platform and participating in the Contest, you confirm that you accept these T&Cs and that you agree to fully comply with them and with any additions/modifications thereto that may be made from time to time. By participating in the Contest, you further grant your consent to ZebPay to contact you.
You further agree that you are also bound by the Terms of Use, Privacy Policy, AML Policy, Futures Trading Policy and the Risk Disclosures and all other terms (hereinafter collectively referred to as “ZebPay Policies”).
Words capitalised and not defined hereunder shall have the meaning ascribed to them under the ZebPay Policies referred to above.
Words capitalised and not defined hereunder shall have the meaning ascribed to them under the ZebPay Policies referred to above.
1. Period: The Contest will be effective as follows:
a) From 21st February, 2026, 12:00 AM IST (Indian Standard Time) to 22nd March, 2026, 11:59 PM IST (Indian Standard Time) (“Contest Period”).
b) Notwithstanding anything stated in 1(a) above, ZebPay may, at its sole discretion, alter or extend or end the Term of the Contest at any time at its sole discretion. Participants (defined below) are advised to review the updated terms and conditions from time to time.
2. Contest Details:
During the Contest Period, complete the steps mentioned in Clause 3(A) below and qualify for a chance to receive rewards outlined in Clause 4(A) (each, a “Reward”). Winners shall be selected based on the cumulative trading volume generated by their corresponding eligible Referred User(s) on the ZebPay Futures platform during the Contest Period, in accordance with the tiers criteria set out in Clause 4(A). The Rewards shall be granted to both the Participant and the corresponding eligible Referred User(s).
3. Eligibility:
A. In order to participate in the Contesta User is required to satisfy all the following criteria (“Participant(s)”):
a. Participant is a registered User of ZebPay Platform in India, who has completed their KYC and bank verification in accordance with the ZebPay Policies;
b. During the Contest Period, Participant refers new users to the ZebPay Platform as per the terms of the Referral Program (each, a “Referred Users”);
c. Only Referred Users who sign up on the ZebPay Platform during the Contest Period and execute trades on the ZebPay Futures platform during the Contest Period shall be considered for the purpose of this Contest;
d. Participant’s account with ZebPay remains active till the end of the Contest Period.
B. Notwithstanding the foregoing, and for avoidance of any doubt, ZebPay reserves the right, at its sole discretion, to approve or reject any Participants from the Contest.
C. For the avoidance of any doubt, it is clarified that a Participant shall not be deemed to be a winner of the Reward under the Contest unless and until that Participant’s eligibility and compliance with these T&Cs has been fulfilled and verified.
4. Rewards:
a) A “Successful Referral” occurs when a Referred User(s) executes trades on the ZebPay Futures platform during the Contest Period and achieves a cumulative trading volume that falls within any of the tiers set out below. Participants shall be ranked based on the cumulative trading volume generated by their respective Referred User(s)
b) Where a Participant qualifies within a particular tier (“Eligible Participant”), the Eligible Participant shall receive the Reward specified for that tier and an equivalent amount shall be allocated to the corresponding eligible Referred User(s). Such amount shall be distributed among those eligible Referred User(s) in proportion to their respective trading volume. The Eligible Participant and such eligible Referred User(s) together shall be referred to as the “Winners”.
| Futures Trading Volume Generated by Referred Users(s) | No. of Eligible Participants | Reward (for Participant) | Corresponding Reward Pool (for Referred User(s)) |
| INR 1,00,000/- to INR 5,00,000/- | 20 | INR 500/- | INR 500/- |
| INR 5,00,000/- to INR 10,00,000/- | 15 | INR 1,250/- | INR 1,250/- |
| INR 10,00,000/- to INR 50,00,000/- | 10 | INR 2,500/- | INR 2,500/- |
| INR 50,00,000/- to INR 1,00,00,000/- | 5 | INR 5,000/- | INR 5,000/- |
| INR 1,00,00,000 and above | 3 | INR 7,500/- | INR 7,500/- |
| Total | 53 | INR 1,01,250/- | INR 1,01,250/- |
For example: If Participant A refers three Referred Users – X, Y and Z – and during the Contest Period, X generates INR 60,00,000/-, Y generates INR 30,00,000/- and Z generates INR 10,00,000/- in Futures trading volume, the cumulative trading volume would be INR 1,00,00,000/-. This would qualify Participant A for the INR 7,500 Reward tier. Accordingly, Participant A shall receive INR 7,500/- and an additional INR 7,500/- shall be allocated collectively to X, Y and Z, which shall be distributed in proportion to their respective trading volumes (60%, 30%, and 10%), resulting in X receiving INR 4,500/-, Y receiving INR 2,250/- and Z receiving INR 750/-.
c) All Rewards under this Contest, shall be credited to the respective Winners’ ZebPay spot wallets within thirty (30) days’ from the end of the Contest Period. The Rewards under this Consent are over and above the referral rewards offered under ZebPay’s Referral Program, and the same shall continue to apply in parallel with this Contest.
5. The Reward is non-transferable, non-negotiable and final. ZebPay reserves the right to change or substitute the Reward in any manner and /or at any time, in any manner of its choosing and reserves the right to withhold the Rewards, at its sole discretion, and shall not be liable to any party/person in any manner whatsoever regarding the same.
6. Every Participant hereby grants ZebPay and/or any of its third-party vendors the right to communicate with such Participant by email / phone / messenger and/or other means of communications in relation to participating in the Offer, in compliance with applicable laws.
7. Release; No Warranties:
a) Each Participant hereby releases and discharges ZebPay from any and all claims, damages, losses (whether perceived or actual) and/or cause of action, known or unknown, arising from or relating to the Reward and/or their participation in the Contest.
b) ZebPay does not provide any warranties of any kind to the Participant with respect to the Contest and the Reward therein. ZebPay hereby disclaims any and all representations and warranties, including any implied warranty of merchantability, fitness for a particular purpose and non-infringement in relation to the Contest.
8. Disqualification:
a) ZebPay reserves the right to disqualify any Participant at any time on the grounds of unfair trading practices, including but not limited to distorting reported trade volumes by collusion or any other unfair means, disseminating false information, as well as any breach of any these T&C and/or breach of any terms of the ZebPay Policies (as determined at ZebPay’s sole discretion).
b) Notwithstanding anything to the contrary contained herein, ZebPay reserves the right to disqualify or disallow any Participants/trades/transactions to participate in the Offer at any time if ZebPay, at its sole discretion, is of the opinion that the particular Participant/trade/transaction (a) is done in any manner for the purpose of feeding false or misleading information to the market or (b) is done in any manner that has the effect of wrongfully denying legitimate Participants the Reward of the Offer.
c) Any Participant who during the Term: (i) attempts to cancel or cancels an existing Client Asset Account and attempts to create or creates a new Client Asset Account, or (ii) attempts to create or creates one or more additional Client Asset Accounts, or (iii) attempts to register or registers for the Offer using multiple/different email addresses, by any other means or any other methods will be disqualified.
d) ZebPay’s decision in these regards shall be final and binding, and by participating in the Offer, all Participants expressly understand and agree with ZebPay’s rights as specified above.
9. Promotional events:
The Participant acknowledges that the Contest is only an event for promoting trading on ZebPay Platform, including the ZebPay app, and participating in the Contest is completely voluntary. The Contest is only a promotional event. Participating in the Contest does not confer any rights or privileges, whether contractual or otherwise, on the Participant. It is clarified that participating in the Contest by a Participant does not constitute an acceptance, nor in any way does participating in the Contest constitute a legally binding contract. ZebPay at its sole discretion reserves the full right to withdraw and/or alter any of these T&C at any time, with or without prior notice.
10. Taxes:
The Reward contemplated hereunder shall be inclusive of any and all taxes, and may be subjected to tax deduction at source as applicable. ZebPay shall not be responsible for any tax liability on the Participant(s) that may be imposed on the Reward to winners under applicable law. The Participant shall bear all responsibility for payments of all taxes towards such Participant’s Reward. ZebPay in no manner shall provide any tax guidance or advice on this matter to any Participant and the Participants may engage independent consultants/advisors to seek any advice in this regard in their sole discretion.
11. Dispute:
In the event of any dispute regarding these T&C, rules, conduct, results and all other matters relating to the Challenge, the decision of ZebPay shall be final and binding.
12. Force Majeure: :
ZebPay shall not be responsible for system outages, delays, errors or data loss of any kind, lost or unavailable connections, or other technological difficulties or any other force majeure event that may prevent a Participant from participating in the Challenge.
13. Disclaimer:
a) Trading in cryptographic/virtual digital assets is subject to market, technical and legal risks. Prices of cryptographic/virtual digital assets on the ZebPay Platform may differ from other exchanges due to local demand and supply. Please note that ZebPay does not regulate the prices of cryptographic/virtual digital assets. ZebPay doesn’t guarantee any returns or profits by trading in cryptographic /virtual digital assets. Participants shall use ZebPay’s services to participate in the Contest or to trade in the crypto/cryptographic//virtual digital assets at their own risk and discretion.
b) Notwithstanding anything contrary contained herein, ZebPay reserves the right to amend the T&Cs of the Contest at any point of time without serving any notice whatsoever to anyone.
c) To the extent not prohibited by applicable law, ZebPay shall have no liability whatsoever to the Participants and/or any third party, whether for breach or in tort. Notwithstanding the foregoing, ZebPay shall not be liable to the Participants and/or any third parties for any indirect, punitive, special, incidental or consequential damage in connection with or arising out of the Contest, however it arises, whether for breach or in tort, even if the Participant and/or third party has been previously advised of the possibility of such damages.