Awlencan Innovations India Limited ​(hereinafter referred to as “ZebPay”), is giving its existing and new Users on the ZebPay Platform (as defined below) in India, an opportunity to participate in the ZebPay Deposit Fiat Offer August 2024 (“Contest”) and win prizes, 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 available at https://zebpay.com/in/legal-privacy#terms-of-use​ https://zebpay.com/in/legal-privacy#privacy-policy  (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 13th August 2024, 12:00 AM IST (Indian Standard Time) to 23 August 2024, 11:59 PM IST (“Contest Period”). 

b) Notwithstanding anything stated in 1(a) above, ZebPay may, at its sole discretion, alter or extend or end the Contest Period and 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: 

To enter the Contest Participants (as defined below) shall deposit INR 5,000 in their Fiat Wallet, and 25 lucky Participants stand a chance to win INR 500 in their Futures Wallet.

3. Eligibility: To be eligible to participate in the Contest, a user is required to satisfy all the following criteria, and will be referred to as a “Participant” for the purposes of these Terms and Conditions:

1. Participants must be registered users of ZebPay in India (the “ZebPay Platform”) with completed their KYC & Bank verification in accordance with the ZebPay Policies.

2. Participants must use the same email id and phone number as used for creating their Client Asset Account, to enter the Contest. 

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3. Participant has deposited INR 5,000 in their Fiat Wallet during the Contest Period

4.  The Participant’s account with ZebPay must be active at the end of the Contest Period.

5. 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. 

6. ZebPay’s directors, officers, employees, and their immediate family members, independent contractors, agents, their affiliates, subsidiaries and promotion agencies, are not eligible to participate in the Contest. 

7. For the avoidance of any doubt, it is clarified that a Participant shall not be deemed to be a winner of any award or prize under the Contest (as applicable) unless and until that Participant’s eligibility and compliance with these T&Cs has been fulfilled and verified.

4. Rewards:

1. 25 (twenty five) lucky Participants will receive INR 500 in their Futures Wallet (“Reward”). The winners of the Contest shall be determined by ZebPay through a lucky draw, at its sole discretion.

2. The Reward must be used by the winning Participant solely for the purpose of trading in Futures on the ZebPay Platform and shall not be utilised for any other transactions or activities.

3. The Reward will be locked in the winning Participant’s Futures Wallet  and must be utilised by the winning Participant for Futures trading within three (3) months from the date the Reward is credited. If the Reward is not utilised within  the aforesaid three (3) months, ZebPay will withdraw the Reward from the Participant’s Futures Wallet.

4. Winners of the Contest will be notified via email (exclusive@zebpay.com) by or around 20 September 2024, with instructions on how to claim their Reward. The name of the winner will also be announced on social media. Winners of the Contest will receive their Reward by 20 September 2024. 

5. The Rewards of the Contest are non-transferable, non-negotiable and final. ZebPay reserves the right to change or substitute the Rewards 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. The Rewards shall be distributed to the Participant’s Futures Wallet linked to his/her account with ZebPay and shall be governed by ZebPay’s Policies.

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 Contest, in compliance with applicable laws.

7. 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 the Rewards and/or their participation in the Contest. ZebPay does not provide any warranties of any kind to the Participant with respect to the Contest and the Rewards 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: 

1. 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).

2. Notwithstanding anything to the contrary contained herein, ZebPay reserves the right to disqualify or disallow any Participants/trades/transactions to participate in the Contest 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 Rewards of the Contest.

3. Any Participant who during the Contest Period: (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 Contest using multiple/different email addresses, by any other means or any other methods will be disqualified.   

4. ZebPay’s decision in these regards shall be final and binding, and by participating in the Contest, all Participants expressly understand and agree with ZebPay’s rights as specified above.

9. Promotional event​s: The Participant acknowledges that the Contest is only an event for promoting trading on ZebPay’s India platform, including the ZebPay app, and participating in the Contest is completely voluntary. The Contest is only a promotional event and does constitute an offer  from ZebPay. 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 Rewards 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 Rewards to winners under applicable law. The Participant shall bear all responsibility for payments of all taxes towards such Participant’s Rewards. 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 Contest, 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 Contest.

13.    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 Contest 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 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.