Unlock 0% Fees with Scalp Trading on Perpetual Futures!
Open, close, and pay 0% Fees—just keep your trades under 15 minutes to avail this offer!
Offer Duration : 4th Feb 2025 to 18th Feb 2025
Offer Details
Open & close any position within 15 minutes
Pay 0% fees on closing your position
Available for both INR & USDT pairs
Awlencan Innovations India Limited (hereinafter referred to as “ZebPay”), is giving its Users of the ZebPay Platform in India, an opportunity to participate in the ZebPay Scalping Offer (“Offer”), 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 Offer, 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 Offer 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.
1. Period: The Contest will be effective as follows:
a) From 4th February, 2025, 2:30 PM IST (Indian Standard Time) to 18th February, 2025, 11:59 PM IST (Indian Standard Time) (“Term”).
b) Notwithstanding anything stated in 1(a) above, ZebPay may, at its sole discretion, alter or extend or end the Term of the Offer at any time at its sole discretion. Participants (defined below) are advised to review the updated terms and conditions from time to time.
2. Offer Details:
Participate in this Offer by trading in Futures on the ZebPay India platform during the Term and stand a chance to be awarded with 0 (zero) Maker Fee or Taker Fee (“Trading Fee”), as applicable.
3. Eligibility:
To be eligible to participate in the Offer, a User is required to satisfy all the following criteria (“Participant”):
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; and
b) Participant trades in Futures on the ZebPay Platform.
4. Key Terms of the Offer:
a) Opening Position: If a Participant places an order in Futures (market, limit, etc.), standard Trading Fee shall be charged at position creation. Details of Trading Fee is available at https://zebpay.com/in/features/pricing.
b) Closing Position: If the Participant closes the position, within 15 (fifteen) minutes of position creation, the Trading Fee applicable at closing shall be waived off. The 15 (fifteen) minutes timer starts from position creation.
c) Partial Closing of Long or Short Position: If the Participant partially reduces the position size (long/short position), within 15 (fifteen) minutes of position creation, the Trading Fee applicable for the partially closed position shall be waived off and the Trading Fee for the balance open position will continue to be applicable.
Examples:
1. Quick Profit Example: Open BTC long → market moves in favor → close within 15 mins → no Trading Fee on the closing of BTC long.
2. Partial Take-Profit Example: Open ETH position → partial close in 10 mins → remaining position stays open → no Trading Fee on partial close of the ETH long /short position.
5. ZebPay may discontinue this Offer without any notice.
6. Release; No Warranties:
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 their participation in the Offer. ZebPay does not provide any warranties of any kind to the Participant with respect to the Offer.
7. 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 benefit of the Offer.
c) Any Participant who: (i) attempts to cancel or cancels an existing ZebPay account and attempts to create or creates a new ZebPay account, or (ii) attempts to create or creates one or more additional ZebPay 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.
8. Promotional events:
The Participant acknowledges that the Offer is only an event for promoting trading on ZebPay Platform, including the ZebPay app, and participating in the Offer is completely voluntary. The Offer is only a promotional event and does not constitute an offer from ZebPay. Participating in the Offer does not confer any rights or privileges, whether contractual or otherwise, on the Participant. It is clarified that participating in the Offer by a Participant does not constitute an acceptance, nor in any way does participating in the Offer 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:
The benefits, if any, 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 that may be imposed under applicable law. The Participant shall bear all responsibility for payments of all taxes towards such Participant. 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.
10. Dispute:
In the event of any dispute regarding these T&C, rules, conduct, results and all other matters relating to the Offer, 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 Participant from participating in the Offer.
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. Participants shall use ZebPay’s services to participate in the Offer 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 Offer 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 Offer, 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.