Awlencan Innovations India Limited (hereinafter referred to as “ZebPay”), is giving its new Users of the ZebPay Platform in India, an opportunity to participate in the ZebPay Bitcoin Beginner Rewards Campaign (“Campaign”) and claim Reward Points subject to the eligibility criteria and other requirements listed in these terms & conditions (“T&Cs”).

These T&Cs shall apply to all new Users, subject to the Eligibility Criteria (as defined below). By accessing the ZebPay Platform and participating in the Campaign, 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 Campaign, You further grant your consent to ZebPay to contact You. If You do not agree with these T&Cs, please do not continue to use the ZebPay Platform.

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 available (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.

ZebPay may, at its sole discretion, alter or extend or end the Campaign tenure and the Campaign at any time at its sole discretion. Users are advised to review the updated terms and conditions from time to time.

1. Campaign Details:
Complete all onboarding milestones and make your first buy transaction to be eligible to claim Reward Points (as defined below).

2. Eligibility:
A. Subject to the terms of Clause 2(B), You will be eligible to participate in the Campaign if (a) You are among the first 500 (five hundred) Users to initiate onboarding on the ZebPay Platform in India on a given day; (b) You successfully complete all the following steps (collectively referred to as “Steps” and individually a “Step”):

• Step 1: Sign up on the ZebPay Platform
• Step 2: Successful KYC verification
• Step 3: Successful verification of Bank details
• Step 4: Make your first INR deposit
• Step 5: Execute a buy transaction on Quick Trade, Exchange or CryptoPack using the INR deposited in Step 4. Both INR and USDT trading pairs shall be considered.

(The above conditions are collectively referred to as the “Eligibility Criteria”).

B. For clarification purposes, to be eligible to participate in the Campaign, a User (a) must complete Step 2 to Step 5 within 20 (twenty) days of completion of Step 1; and (b) must have initiated the onboarding process on ZebPay Platform only after the launch of this Campaign. This Campaign shall be launched on 22nd Dec 2025.

C. Notwithstanding the foregoing, and for avoidance of any doubt, ZebPay reserves the right, at its sole discretion, to approve or reject any eligible Users from the Campaign.

3. Reward Points:

• a) Eligible Users shall be rewarded certain points for each Step successfully completed in accordance with the Eligibility Criteria of such value as determined by ZebPay (each a “Reward Point”).
• b) Upon completion of all the Steps, a User shall be able to collect and redeem a total of 100 Reward Points. You must redeem the Reward Points within 30 days from the date of completion of all the Steps, post which the Reward Points shall lapse. A User cannot redeem Reward Points (a) for partial completion of the Steps or (b) after the expiry of 30 (thirty) days from the date of completion of all the Steps.
• c) Each Reward Point shall have a value of Re. 1. Upon redemption, the equivalent value of the Reward Points collected shall be credited to User’s INR wallet.
• d) Users shall not be permitted to withdraw the INR Value so transferred and must use it exclusively for trading.
• e) HNI customers and system accounts are excluded.

4. The Reward Points are non-transferable, non-negotiable and final. ZebPay reserves the right to change or substitute the Reward Points in any manner and/or at any time, in any manner of its choosing and reserves the right to withhold the Reward Points, at its sole discretion, and shall not be liable to any party/person in any manner whatsoever regarding the same. The Reward Points shall automatically get transferred to the eligible User’s fiat wallet and shall be governed by ZebPay’s Policies.

5. Every User hereby grants ZebPay and/or any of its third-party vendors the right to communicate with such eligible User by email / phone / messenger and/or other means of communications in relation to participating in the Campaign, in compliance with applicable laws.

6. Release; No Warranties:
Each User 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 Points and/or their participation in the Campaign. ZebPay does not provide any warranties of any kind to the eligible User with respect to the Campaign and the Reward Points 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 Campaign.

7. Disqualification:

• a) ZebPay reserves the right to disqualify any User at any time on the grounds of unfair trading practices, including but not limited to disseminating false information, engaging in fraudulent activities or other unfair means 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 eligible Users/trades/transactions to participate in the Campaign at any time if ZebPay, at its sole discretion, is of the opinion that the particular eligible User/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 eligible Users the Reward Points of the Campaign.
• c) Any eligible User who during the Campaign tenure: (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 Campaign 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 Campaign, all eligible Users expressly understand and agree with ZebPay’s rights as specified above.

8. Promotional events:
The eligible User acknowledges that the Campaign is only an event for promoting trading on ZebPay’s India platform, including the ZebPay app, and participating in the Campaign is completely voluntary. The Campaign is only a promotional event and does not constitute an offer from ZebPay. Participating in the Campaign does not confer any rights or privileges, whether contractual or otherwise, on the eligible User. It is clarified that participating in the Campaign by a User does not constitute an acceptance, nor in any way does participating in the Campaign 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.

9. Taxes:
ZebPay shall not be responsible for any tax liability on the User(s) that may be imposed on the Reward Points under applicable law. The eligible User shall bear all responsibility for payments of all taxes towards such eligible User’s rewards. ZebPay in no manner shall provide any tax guidance or advice on this matter to any eligible User and the eligible Users may engage independent consultants/advisors to seek any advice in this regard in their sole discretion.

10. Dispute:
In the event of any dispute regarding these T&C, rules, conduct, results and all other matters relating to the Campaign, the decision of ZebPay shall be final and binding.

11. 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 User from participating in the Campaign.

12. Disclaimer:

• a) Trading in cryptographic assets is subject to market, technical and legal risks. Prices of cryptographic 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 assets. ZebPay doesn’t guarantee any returns or profits by trading in cryptographic assets. Users shall use ZebPay’s services to participate in the Campaign or to trade in the crypto/cryptographic assets at their own risk and discretion.
• b) Notwithstanding anything contrary contained herein, ZebPay reserves the right to amend the T&Cs of the Campaign 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 Users and/or any third party, whether for breach or in tort. Notwithstanding the foregoing, ZebPay shall not be liable to the Users and/or any third parties for any indirect, punitive, special, incidental or consequential damage in connection with or arising out of the Campaign, however it arises, whether for breach or in tort, even if the User and/or third party has been previously advised of the possibility of such damages.