Contest Terms & Conditions

PROMOTION TERMS AND CONDITIONS

About us

The promoter administering the promotion described in these terms and conditions (the “Promotion”) is Cerus Markets Limited, a company organized under the laws of Malaysia and registered with the Labuan Federal Territory of Malaysia business registry under number LL17651 and whose registered office is at U0065, 3rd Floor, Jalan OKK Awang Besar, Victoria, MY-15, 87000, Malaysia (“we”, “our”, “us”, or “Cerus”).

Eligibility and how to participate

  1. The Promotion is only open to individuals aged 18 years or over (or, if different, the applicable legal age of majority in those individuals’ country of residence), with the exception of : (i) employees, staff, consultants, officers, or directors of Cerus or its holding or subsidiary companies; (ii) employees, staff, consultants, officers, or directors of agents or suppliers of Cerus or Cerus’s holding or subsidiary companies who are professionally connected with the Promotion or its administration; (iii) members of the immediate families of households of those described in the preceding subsections 2.1(i) and 2.1(ii); and (iv) any staff working for any legislative or regulatory authority with supervision of the activities of Cerus.
  2. Without affecting clause 2.1 above, you may not enter the Promotion if: (i) you are a resident or citizen of any country or territory that is from time to time the subject or the target of any sanction, export prohibition, or trade embargo administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets Control, the U.S. Department of State, the U.S. Department of Commerce, the United Nations Security Council, the European Union, His Majesty’s Treasury (United Kingdom) or any other equivalent measures applied by any other G20 country; or (ii) the laws of your country of residence restrict or prevent you from engaging in the activities which Cerus is facilitating in digital assets. 
  3. In entering the Promotion, you confirm that you are eligible to do so and eligible to claim any prize you may win and you confirm that you accept these terms and conditions. You accept, understand, and acknowledge that we may require you to provide evidence or proof that you are eligible to enter the Promotion (and, if we do so, you agree to provide us with that evidence or proof promptly upon our request). Delay or failure to provide that evidence or proof to our reasonable satisfaction may result in an entry being void or a prize being withheld or forfeited. Our decision as to whether any participant is eligible for the Promotion is final and, so far as applicable laws allow, we are not obliged to provide any reasons for disqualification.
  4. We will not accept entries to the Promotion that are: (i) automatically generated; (ii) completed in bulk or entered by someone else on your behalf; (iii) from trade or consumer groups; or (iv) which we deem in our discretion to be incomplete. If it becomes apparent that you are using a computer or other device to circumvent these terms and conditions by, for example, the use of ‘script’, ‘brute force’, masking your identity by manipulating IP addresses, using identities other than your own, or any other automated means to increase your number of entries into the Promotion in a way that is not consistent with the rules or spirit of the Promotion, all of your entries will be disqualified and any prize awarded will be void. You may not enter the Promotion using anonymous email services such as, but not limited to, GuerillaMail, Dispostable, and Mailinator.
  5. We reserve all rights to disqualify you from the Promotion if we believe that your conduct is contrary to the spirit or intention of the Promotion.
  6. The Promotion will run from 00:00 hours Malaysia Time (MYT) on 1 March 2023 (the “Opening Date”) to 23:59 hours MYT on 27 March 2023 (the “Closing Date”) inclusive.
  7. In order to enter the Promotion, you must, by no later than the Closing Date, have: (i) signed up for the waitlist for our ‘Cerus Markets’ mobile application (the “App”), which you can do here; (ii) downloaded the App onto your mobile device; (iii) accepted the App’s terms of use and completed the process to register and verify a trading account on the App (a “Trading Account”); and (iv) registered your intention to enter the Promotion by accepting these terms and conditions during the period starting on the Opening Night and ending on the Closing Date. 
  8. All entries must be received by Cerus by no later than 23:59 hours MYT on the Closing Date. All entries received after this time will be automatically disqualified.
  9. All entries must include your name, email address, and date of birth.
  10. Entries which are incomplete, misspelled, or incomprehensible will be deemed void and will not be entered into the Promotion.
  11. You may only submit one entry to the Promotion. Any further entries that you submit in excess of this maximum number will be void and will not be entered into the Promotion. Entries submitted on behalf of another person will not be accepted.

Prizes and winner selection

  1. Three winners will be randomly selected from all entries correctly submitted in accordance with these terms and conditions. Of these, one winner (the “First-Place Winner”) will be allocated first place, another winner (the “Second-Place Winner”) will be allocated second place, and another winner (the “Third-Place Winner”) will be allocated third place. The allocation of these places to the winners will be determined randomly.
  2. The prizes are as follows: (i) the First-Place Winner will be awarded a prize of $5,000 (five thousand US dollars); (ii) the Second-Place Winner will be awarded a prize of $3,000 (three thousand US dollars); and (iii) the Third-Place Winner will be awarded a prize of $2,000 (two thousand US dollars).
  3. There are no alternative prizes and, subject to clause 3.4 below, no prize may be transferred to anyone else. 
  4. We will send a notification by email (using the email address provided at the time of entry into the Promotion) to each of the winners within 30 calendar days of the Closing Date. Each winner must send a reply by email to that notification (a “Claim Response”) within 72 hours of our having sent it in order to claim their prize. If we have not received a Claim Response from any selected winner within that timeframe, that individual’s claim to the relevant prize will become invalid and we will pick another winner from the valid entries that we received before the Closing Date and contact them in the manner described in this clause 3.4. 
  5. Each winner’s prize funds will be transferred to that winner’s verified Trading Account within 14 calendar days of our receipt of that winner’s Claim Response. Information on how to withdraw those funds from a verified Trading Account is available here.
  6. No trading requirements are needed to withdraw the prize; however, you will need to have successfully completed our ‘Know Your Customer’ (KYC) identity checks before you can withdraw the prize. You will not be able to withdraw the prize without having successfully been verified pursuant to our KYC checks.
  7. The winners are responsible for all applicable taxes and expenses not specified in description of the prizes above.
  8. Subject to clause 5.2 below, we do not accept any responsibility if you are not able to take up any prize.
  9. No prize may be claimed on your behalf by anyone else.
  10. Information concerning the winners will be announced by email and on our social media channels to indicate that valid award of the prizes took place. We may ask the winners of the Promotion to participate in further publicity.

Your personal information

  1. We may be required under applicable laws to publish or otherwise make available details of the names and country of the winners. If you do not wish for your name or country to be included on any list of winners that we publish or make available, you must notify us in writing within a reasonable time before the Closing Date.
  2. Information concerning how we handle your personal information, for what purposes, and your rights in relation to your personal information are provided in our Privacy Policy. 

General

  1. Our decisions in relation to the Promotion are final and we reserve the right not to enter into detailed correspondence with you in relation to the Promotion or its administration. 
  2. Nothing in these terms and conditions will affect your statutory rights or limit or exclude our liability for: (i) death or personal injury caused by our negligence; (ii) fraud; or (iii) anything that applicable laws do not allow us to exclude or limit.
  3. To the maximum extent allowed by law, and subject to clause 5.2 above, we will not in any circumstances be responsible or liable to compensate the winner or accept any responsibility or liability for any loss occurring as a result of taking up the prize except where it is caused by the negligence of the Promoter, its agents or distributors or that of their employees. 
  4. If we consider that you have broken these terms and conditions, we reserve the right to exclude you (at our option) from participating in the Promotion or any future similar promotion. 
  5. We additionally reserve the right to hold void, suspend, cancel, or amend the Promotion at any time where it becomes necessary to do so.
  6. These terms and conditions shall be governed by and construed in accordance with English law, although if you are resident elsewhere you will retain the benefit of any mandatory protections given to you by the laws of that country. If you wish to take court proceedings in relation to the Promotion or these terms and conditions, then you may do so in the English courts or any other competent court in the jurisdiction in which you reside.