1.1. This Referral Agreement (hereinafter also referred to as the “Agreement”) contains all of the terms and conditions between Bithoven.com (hereinafter also referred to as “we,” “us” or “Bithoven”) and the individual or organization (hereinafter also referred to as the “Referrer” or “you”) participating in the Bithoven.com Referral Program devised for spot exchange only or Bithoven.com Margin Referral Program, which is exclusively intended for margin trading services and/or leverage products (hereinafter also referred to as the “Referral Program” and “Margin Referral Program” respectively).
1.2. By applying to the Referral Program or Margin Referral Program, you are confirming that you have read the Agreement and agree to the terms and conditions.
1.3. Bithoven.com and the Referrer are independent contractors. Nothing in this Referral Agreement will establish any partnership, employment, representative, or joint venture relationship between the parties.
1.4. To be eligible to participate in the Referral Program or Margin Referral Program as the Referrer, the customer must have an activated account on the Bithoven.com website https://bithoven.com/.
1.5. By joining the Bithoven.com Referral Program or Margin Referral Program, every Referrer receives a unique Referral Link. This Referral Link is provided to a third party (“Referral”) for the purpose of becoming a qualified trading platform user. A new trading platform user becomes a Referral after registering an account through the Referral Link.
1.6. All Referral Links are valid 1 (one) year upon clicking on them. Take notice that Bithoven.com applies the “Last Cookie Wins” rule which implies that if an individual clicked on the Referral Link of Referrer A, but did not register an account, and then clicked on the Referral Link of Referrer B and registered an account on Bithoven.com, the individual will automatically be considered by the system as a Referral of the last Referrer, in this instance, Referrer B.
1.7. Bithoven.com has made a wide range of graphic and textual links available to the Referrers for further distribution and promotion on websites, blogs, social networking sites, forums, etc. Subject to the terms and conditions outlined hereof, the Referrer can display the links as often and in any area of website(s) as necessary.
1.8. The Referrer shall only engage in advertising, marketing and promotional efforts which do not violate any law and which reflect positively upon the business reputation of the Bithoven.com services.
1.9. The Referrer agrees to utilize the entire code for the banners, links and other promotional materials (including the tracking codes therein) and shall not in any way alter or remove any part of the code.
1.10. The Referrer must be at least 18 (eighteen) years of age to join the Bithoven.com Referral Program, Margin Referral Program or use the website https://bithoven.com/.
1.11. Each Referral must be registered through your Referral Link. Each time the Referral completes a trade on spot exchange under the Bithoven.com Referral Program, the Referrer is entitled to receive 20% Referral commission (the “Referral Reward”) from the trading fee paid by the Referral. The Referral Reward is displayed in the Referral Dashboard. Net revenue is updated every 24 hours based on the previous day’s enumeration.
1.12. The Referral Reward can be withdrawn at any time after submitting a corresponding withdrawal request in the Referral Dashboard. Withdrawal is available for all supported cryptocurrencies within the scope of the Bithoven.com Referral Program or Margin Referral Program.
1.13. Bithoven.com explicitly reserves the right to change the payout process and procedure at any time and at its sole and exclusive discretion.
1.14. Bithoven.com may modify any of the terms and conditions within this Agreement at any time and at its sole discretion due to changing market conditions, the risk of fraud or misconduct or any other factors Bithoven.com may deem relevant. These modifications may include changes in the scope of available Referral Reward and Referral Program or Margin Referral Program rules.
2.1. You agree not to use the Bithoven.com Referral Program and/or Margin Referral Program or any promotional materials for any unlawful purpose that may negatively impact the website services.
2.2. When promoting the Bithoven.com services, the Referrer must agree that the following activities are prohibited in regards to the promotion of Bithoven.com:
2.3. The Referrer agrees not to use any prohibited content while participating in the Bithoven.com Referral Program or Margin Referral Program. Prohibited content is:
2.4. The Referrer will be solely responsible for all accomplished marketing activities. All marketing activities must be professional and in full compliance with all applicable laws and regulations, and in accordance with this Agreement.
2.5. Bithoven.com makes no representations or warranties, either expressed or implied, with respect to the Bithoven.com Referral Program or Margin Referral Program, or any service or information provided through the Bithoven.com Referral Program or Margin Referral Program.
2.6. The Referrer is responsible for reading this document from time to time to ensure that the use of the Bithoven.com Referral Program and/or Margin Referral Program remains in compliance with the Bithoven.com Referral Agreement.
2.7. All disputes arising from this Agreement shall be settled by negotiation. If no consensus is achieved between you and Bithoven.com, the dispute shall be exclusively resolved in the courts of Saint Vincent and the Grenadines.
2.8. You indicate your acceptance of this Agreement and all of the terms and conditions contained or referenced in this Agreement.