TERMS AND CONDITIONS

Promotional Period
Start Date: 09:00am AEDT 13th December, 2020
End Date: 05:00pm AEDT 24th December, 2020

Draw Date
The Major Prize Draw will be drawn within forty eight (48) hours of the End Date, on 26th December, 2020 at 05:00pm AEDT.

Prizes
The Prizes are as follows:

29,485 Instant Win Crypto Prizes, ranging in value from $0.40 cents to $6,880 in various Cryptocurrencies valued as at the Start Date, totalling $80,630 in Cryptocurrency as at the Start Date); and
1 x Major Prize Draw: 1 Bitcoin (Valued at $23,645, as at the Start Date.
Total Prize Pool: $104,275 worth of Cryptocurrency, as at the Start Date.

Permits
NSW Permit Number: TP/00562
Electronic Drawing System Number: 1224


1. Information on eligibility, mechanisms on how to enter, prizes and the information in the Schedule form part of these Terms and Conditions. Participation in the Promotion is deemed acceptance of these Terms and Conditions.


2. Eligibility: Entry is open to Australian residents (excluding South Australia & ACT) aged eighteen (18) years or over (Entrants). Employees, immediate family members, retailers, suppliers, associated companies and agencies related to the Promoter are not eligible to enter in the Promotion. All entries of Entrants who are under the age of eighteen (18) years and do not have the consent of their legal guardian and who enter the Promotion without disclosing or by attempting to conceal their age will be deemed invalid.

3. How to enter: To enter and be eligible, Entrants must, during the Promotional Period:
(a) Have an existing CoinSpot or create an account (Account) at https://www.coinspot.com.au/register (Site), including by completing any Know Your Customer (KYC) identity verification on the Site; and
(b) make and confirm a trade on their Account, to a value of at least $10 in AUD.

4. Upon correctly confirming the trade, the Entrant will be instantly receive a pop up icon on its screen, notified as to whether the Entrant has won one of the Instant Win Crypto Prizes or, alternatively, that it has not won one of the Instant Win Crypto Prizes and has instead been entered into the Draw for the Major Prize.

5. All entries will be deemed accepted at the time of receipt by the Promoter and not at the time of transmission. All entries are final.

6. Multiple entries: Entrants must enter the Promotion in their own name. An Entrant may submit a maximum of 1 entry into the Promotion per day, however, if a winning Entrant shares an Instant Win Crypto Prize and shares the win on its social media account/s via an inbuilt button on the Site, the Entrant will earn 1 additional entry into the Promotion.

7. The Promoter reserves the right, at any time, to verify the validity of entries and Entrants (including an Entrant’s identity, age and place of residence) and to disqualify any Entrant. Failure by the Promoter to enforce any of its rights at any stage does not constitute a waiver of those rights.

8. Game of chance: As the Promotion is a game of chance, and subject otherwise to these Terms and Conditions, skill plays no part in determining the winning Entrant and each valid entry will NOT be individually judged. Each entry has an equal chance of winning. The winning Entrant will be confirmed by the Promoter.

9. Entrants are responsible for any and all expenses incurred when entering the Promotion and accessing, claiming and/or using the Prize (unless otherwise stated on the Site).

10. The Promoter’s decision is final and no correspondence will be entered into with Entrants regarding the decision.

11. Multiple Prizes: Where more than one Prize is available, an eligible Entrant may win, up to a maximum number of 2 Prizes per day during the Promotional Period.

12. Prize: The Prizes will be awarded in the name of the winning Entrant, in accordance with clauses 14 or 19.

13. Promotional Period: The Promotion commences on the Start Date and concludes on the End Date as per the Schedule (Promotional Period).

14. Instant Win Prize draws: Instant Win Prizes (forming part of the Prize pool) are each separately redeemable by each winning Entrant. Each of the Instant Win Prizes will be randomly determined by a computerised system and will be drawn at the time of the relevant winning Entrant submitting their entry in accordance with these Terms and Conditions.

15. Major Prize draw: The draw for the Major Prize draw will occur on the date and at the time set out in the Schedule.

16. Draw and Venue: The draws to determine the winning Entrants of the Major Prize, as the case may be, (Draw) will take place at the randomdraws.com.au’s address. The Promoter will conduct the Draw using a computerised system to draw winning Entrants.

17. Redemption Period: The redemption period, during which the Major Prize may be claimed commences on the relevant Draw Date and ends three (3) months from the date thereof. If the winning Entrant does not claim the Prize within the Redemption Period, the Prize will be deemed to be forfeited by the Entrant. The winning Entrant will be taken to have redeemed the Major Prize once the Major Prize has been transferred by the Promoter into the winning Entrant’s Account.

18. Winning Entrant: Each winning Entrant of an Instant Win Prize will be notified immediately upon correctly submitting an entry (in accordance with these Terms and Conditions). The winning Entrant in the Major Prize Draw will be notified via their Account within forty eight (48) hours of the Draw.

19. Unclaimed Prize Draw: If the Major Prize remains unclaimed in accordance with clause 17, a second draw or selection for the Prize (Unclaimed Prize Draw), will take place on the first business day after the expiry of the Redemption Period at the same time, place and manner as the original Draw, subject to any directions from a regulatory authority. The Promoter may conduct the Unclaimed Prize Draw without the need to seek approval from the relevant regulator in NSW, Australia. The alternative winning Entrant, if any, will be notified via their Account within forty eight (48) hours of the Unclaimed Prize Draw.

20. Unavailable Prize: If any Prize is unavailable and the Promoter has used all reasonable efforts to arrange the Prize, the Promoter may, in its absolute discretion, reserve the right to substitute the Prize with a prize of equal value and/or specification, subject to any written directions from a regulatory authority.

21. Invalid entries: In the event that a winning Entrant’s entry is deemed or found to be invalid, the Promoter may redraw or decide on another winning entry.

22. Cryptocurrencies: Where a Prize is awarded in the form of a cryptocurrency able to be used to make trades on the Site (Cryptocurrencies), the Prize will be transferred into the winning Entrant’s Account. For the avoidance of doubt, the value of the Prizes awarded in the form of Cryptocurrency, are set out in the Schedule.

23. Publicity: The winning Entrants of the Major Instant Win Crypto Prize and the Major Prize names and addresses will be published in a national newspaper, and/or on the Site. By entering the Promotion, the winning Entrants consent to the publication of such information.

24. Non-Excludable Guarantees: Nothing in these Terms and Conditions limits, excludes or modifies or purports to limit, exclude or modify the statutory consumer guarantees as provided under the Competition and Consumer Act 2010 (Cth), as well as any other implied warranties under the Australian Securities and Consumer Act 2010 (Cth) or similar consumer protection laws in the State and Territories of Australia (Non-Excludable Guarantees).

25. Consequential Loss: Despite anything to the contrary, to the maximum extent permitted by law, the Promoter will not be liable under these Terms and Conditions for any consequential loss including but not limited to any special, indirect or consequential loss, loss of profit (including anticipated profit), loss of benefit (including anticipated benefit), loss of revenue, loss of business, loss of goodwill, loss of opportunity, loss of savings (including anticipated savings), loss of reputation, loss of use (including both real and anticipatory) and/ or loss or corruption of data, whether under statute, contract, equity, tort (including negligence), indemnity or otherwise.

26. Liability: Except for any liability that cannot by law be excluded by law (including the Non-Excludable Guarantees), the Promoter (including its respective officers, employees and agents) will not be liable to an Entrant for, and the Entrant indemnifies, waives and releases the Promoter in respect of all liability (including but not limited to all expenses, costs, damages, claims, losses) arising in any way out of or in connection with:
(a) any act or omission of the Entrant;
(b) any breach of these Terms and Conditions by the Entrant;
(c) any Force Majeure;
CoinSpot Trade Promotion Terms and Conditions
(d) a matter arising out of clause 28;
(e) any personal injury or loss;
(f) claiming any Prize;
(g) use of any Prize in any way;
(h) any theft of any Prize or unauthorised access or third party interference in the Promotion;
(i) any entry or Prize claim that is late, lost, altered, damaged, delayed or misdirected (whether or not after their receipt by the Promoter) due to any reason beyond the reasonable control of the Promoter; or
(j) any tax liability incurred by a winning Entrant.

27. Force Majeure: If performance of the Promotion, provision or use of the Prize (or any part of it), or any obligation under these Terms and Conditions is prevented, restricted, or interfered with by a Force Majeure, and if as a result the Promoter is unable to carry out its obligations or to provide the Entrant with the Prize (or any part of it), the Promoter may in its absolute discretion, subject to any written directions made under any applicable legislation, cancel, terminate, modify or suspend the Promotion and/or, if necessary, provide an alternative prize or prizes to the same value as the original Prize. The Promoter will give public notice of such an event and that the Promotion has been cancelled, terminated, modified or suspended. Force Majeure means any event or circumstance beyond the Promoter’s reasonable control includes, without limitation, epidemic, pandemic (including COVID-19, and any mutations or variations to this disease or illness), acts of God, fire, explosion, vandalism, storm or other similar occurrence, orders of acts of military or civil authority, or by national emergencies, insurrections, riots, or wars, strikes, lock-outs and work stoppages, terrorism, infection by computer virus, bugs, tampering, unauthorised intervention, technical failures or anything which corrupts or affects the administration, security, fairness, integrity or proper conduct of the Promotion. The Promoter will use reasonable efforts under the circumstances to avoid or minimise any Force Majeure. An act or omission will be deemed within the reasonable control of a party if committed, omitted, or caused by such party, or its employees, officers, agents, or affiliates.

28. The Promoter accepts no responsibility and will not be liable for any late, lost, delayed, corrupted or misdirected entries, claims or correspondence whether due to error, omission, alteration, tampering, deletion, theft, destruction, transmission interruption, communications failure or otherwise. The Promoter has no control over communications networks or services, the Internet, or computer or telephone networks or lines and accepts no responsibility for any problems associated with them, whether due to traffic congestion, technical malfunction or otherwise.

29. To the maximum extent permitted by law, as a condition precedent to accepting the Prize, the winning Entrant must sign any legal documentation as and in the form reasonably required by the Promoter and/or Prize suppliers, including but not limited to a legal release and indemnity form.

30. Online entries: In the event that a dispute arises as to the identity of an online Entrant, the entry will be deemed to have been submitted by the authorised account holder of the email address. The authorised account holder means the natural person who is assigned to an email address by an Internet access provider, online service provider, or other organisation that is responsible for assigning email addresses for the domain associated with the email. The Promoter may ask any Entrant to provide the Promoter with proof that such party is the authorised account holder of the email address associated with the entry.

31. Personal information: The Promoter collects personal information in order to conduct the Promotion and for other purposes as set out in the entry form or page for the Promotion and may, for this purpose, collect, use and disclose such information to third parties, including but not limited to agents, contractors, service providers, Prize suppliers and as required, to regulatory authorities. Entry is conditional on providing this information. Entrants should direct any request to opt out, access, update or correct information to the Promoter. All entries including the personal information in them becomes the property of the Promoter.

32. Legal Warning: Any attempt, deliberate or otherwise, to cause malicious damage or interference with the normal functioning of the Site, or the information on the Site, or to otherwise undermine the
CoinSpot Trade Promotion Terms and Conditions legitimate operations of the Promotion may be a violation of criminal and civil laws and, should such an attempt be made, whether successful or not, the Promoter reserves the right to seek damages to the fullest extent permitted by law. If the Promoter suffers loss or incurs any costs in connection with any breach of these Terms and Conditions or any other legal obligation by an Entrant, the Entrant agrees to indemnify the Promoter for those losses, damages and costs.

33. Linked Sites: The platform for the Promotion may contain links to other websites (Linked Sites). The Promoter does not endorse and is not responsible for the content of any Linked Sites. Any Linked Sites displayed on the platform are for the Entrants’ convenience only and the Entrant agrees to access, use and otherwise deal with Linked Sites at their own risk.

34. Social Media: Social media membership pages, applications and use of social media generally is subject to the prevailing terms and conditions of use of the social media platform. Unless otherwise indicated in these Terms and Conditions, the Promotion is in no way sponsored, endorsed or administered by, or associated with, any social media platform including, but not limited to, Instagram, Facebook, Twitter and Pinterest. If an Entrant uses social media to participate in the Promotion, the Entrant understands that they are providing their information to the Promoter and not to any social media platform. Entrants are solely responsible and liable for the content of their entries and any other information they transmit to other Internet users. By participating in the Promotion, the Entrant releases Instagram, Facebook, Twitter, Pinterest or applicable social media site from all claims, liabilities, suits, actions and expenses, including costs of litigation and reasonable legal costs associate with the Promotion.

35. General: Unless the contrary intention appears, a reference in these terms or in any advertisement relating to the Promotion, to Australian dollars, dollars, AUD$ or $ is a reference to the lawful currency of Australia.

36. Delivery: The Promoter will deliver the Prize within fourteen (14) days of the Draw Date.

37. Amendments: These Terms and Conditions may be amended or replaced from time to time if required by any regulatory authority.

38. Jurisdiction: These Terms and Conditions are governed by the laws of the States and Territories in which the Promotion is conducted and the Commonwealth of Australia. Entrants submit to the jurisdiction of the courts of their State or Territory.

39. Disputes: A party may not commence court proceedings relating to any dispute arising from this Agreement (Dispute) without first meeting with the other party to (in good faith) resolve the Dispute. If the parties cannot resolve the Dispute at that meeting, either party may refer the matter to a mediator. The parties agree to attend the mediation in good faith. The costs of the mediation will be shared equally between the parties. Nothing in this clause will operate to prevent a party from seeking urgent injunctive or equitable relief from a court.

40. Entire Agreement: These Terms and Conditions represent the entire agreement between the Promoter and any Entrant (including the winning Entrant) and supersede any prior agreement, understanding or arrangement between the Promoter and any Entrant (including the winning Entrant), whether oral or in writing.

41. Representations: The Promoter excludes all, warranties, guarantees or representations (whether express or implied) except as expressly provided in these Terms and Conditions.

42. Contact Details: as per the Schedule.

43. Last updated: 27 November 2020.