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Gemini Derivatives Incentive Contest Terms and Conditions
The following terms and conditions apply to the trading incentive contests held from time to time as announced and described on the Gemini Derivatives platform (each, an “Incentive Contest”), offered and organized by Gemini Artemis Pte. Ltd. d/b/a Gemini Foundation. These apply in addition and subject to any specific terms identified in the Gemini Foundation Terms and Conditions.
- Any Gemini Foundation account is eligible to win each Incentive Contest except for (i) any account owned or controlled by a Designated Market Maker for Gemini Foundation and (ii) any account which owned or controlled by a beneficiary of a contractual trading incentive offered by Gemini Foundation (each an “Eligible Account”).
- Each Incentive Contest will run for a specific period as described in the announcement of each such Incentive Contest (the “Relevant Period”). Each Relevant Period shall begin at 00:00 UTC (8:00am Singapore time) and shall end at 23:59 UTC on the day the Relevant Period is stated to end. The winner of each Incentive Contest shall be the Eligible Account that achieves the highest ranking among all Eligible Accounts during the Relevant Period (each a “Contest Winner”).
- The reward for the Contest Winner shall be stated in the announcement of the Incentive Contest (the “Incentive”). The Incentive shall be paid directly to the Contest Winner within three (3) days of the ending of each Relevant Period.
- The Contest Winner shall be determined at the sole discretion of Gemini Foundation. No dispute or correspondence concerning the accuracy of such determination will be entertained.
- Any cost associated with receiving an Incentive, including but not limited to liability(ies) to any relevant tax authority(ies), is the sole responsibility of the Contest Winner.
- These terms and conditions are governed by the laws of Singapore and all Eligible Account owners agree to irrevocably submit themselves to arbitration, in accordance with Paragraph 44 of the Gemini Derivatives User Agreement, in the determination of any matter or dispute arising in connection therewith.
- Gemini Foundation reserves the right in its sole discretion, to cancel, terminate, modify or suspend any Incentive Contest and/or the award of any Incentive.
- Any provision in these terms and conditions which is held to be invalid or unenforceable for any reason by any court, governmental department, body or tribunal, or in any applicable jurisdiction shall be ineffective to the extent of such invalidity or unenforceability and will not invalidate or render unenforceable the remaining unaffected provisions hereof and should any provision be held invalid or unenforceable in an applicable jurisdiction such provision shall not be invalidated or rendered unenforceable in any other jurisdiction.
Risk Disclaimers
Risk Warning: Cryptocurrency derivatives are complex products that are not suitable for all investors. You should enter into such Contracts at your own risk and only after doing your own research and understanding their function, terms, and conditions. With leveraged derivatives, you may lose part or all of your investment even if there is only a small fluctuation to the index price.
Risk Warning: Cryptocurrency derivatives are complex products that are not suitable for all investors. You should enter into such Contracts at your own risk and only after doing your own research and understanding their function, terms, and conditions. With leveraged derivatives, you may lose part or all of your investment even if there is only a small fluctuation to the index price.