Crypto Cashback Terms – PU Prime | More Than Trading

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Crypto Cashback

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1.Subject to, and without prejudice to, all other Terms and Conditions, the offer is available to PU Prime’s Clients who have satisfied the Eligibility Criteria for the offer (“Eligible Clients”) as set out in the sections following hereinafter.

2.The “Cryptocurrency Cashback” may be offered by PU Prime from time to time to clients who open real trading accounts (meaning not demo) with PU Prime, in cases where such clients are referred to PU Prime via specific websites and/or social network sites in the context of certain specific promotions, and/or surveys that PU Prime may be running from time to time on such specific websites and/or social network sites.

3.PU Prime, at its absolute discretion, offers the “Cryptocurrency Cashback” to any Client(s) from any countries/regions, as it deems appropriate and for as long as PU Prime deems to provide it.

4.Only persons who can form legally binding contracts under the laws applicable in their country of residence may participate in the “Cryptocurrency Cashback”. Without limiting the foregoing, participation in the “Cryptocurrency Cashback” is not allowed for persons under the age of 18 or otherwise under legal age in their country of residence (“Minors”). If you are a minor, you cannot participate in the “Cryptocurrency Cashback”.

5.Participation of “Intermediaries/Related Parties” in the “Cryptocurrency Cashback” is prohibited. If the registration and/or trading data of a participant in the “Cryptocurrency Cashback” corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the “Cryptocurrency Cashback”, PU Prime reserves the right to regard this matching as a reason for immediate disqualification. For the purposes hereof, the term “Intermediary (ies)/Related Party (ies)”, when used in these Terms & Conditions, unless the context otherwise requires, shall mean to include any person or entity bearing a relationship with any participant in the “Cryptocurrency Cashback”, including, without limitation:

  • a.family members, such as brothers, sisters, spouses, ancestors, lineal descendants and collateral descendants;
  • b.person or entity, whom any participant in the “Cryptocurrency Cashback”, directly or indirectly through one or more intermediaries, controls, or whom, directly or indirectly, through one or more intermediaries, is controlled by, or is under common control with any participant in the “Cryptocurrency Cashback”; for purposes of this definition, the term “control” (including, with correlative meaning, the terms “controlled by” and “under common control with”), as used with respect to any participant in the “Cryptocurrency Cashback”, shall mean the possession, directly or indirectly through one or more intermediaries, of the power to direct or cause the direction of management policies of such person or entity, whether through ownership of voting securities or otherwise.

6.Similarly, persons associated in any manner whatsoever with PU Prime and/or with the specific websites and/or social network sites on which PU Prime may be running from time-to-time certain specific promotions, contests and/or surveys, in the context of which access to the “Cryptocurrency Cashback” is offered, are not allowed to participate in the offer.

1.Clients need to successfully activate this promotion within their client portal first, and then deposit funds and trading as required to receive the corresponding cash rebate.

*Only new deposits made during the promotion period are valid for the promotion. This excludes internal transfers, refer-a-friend bonuses, and cash adjustments.

2.Promotion area: All regulatory licenses covered countries, except for mainland China and/or as per the discretion of the Company.

3.Participation period of this promotion: from 1st January 2023.Only activation and trading designated cryptocurrency products during this promotion period will be counted towards the calculation of the cashback.The promotion trading period: 30 days since the client successfully activated the promotion. After 30 days, subsequent trading will not generate any cashback.

4.Promotion participants: This Offer is eligible to existing and new Clients of PU Prime.

5.The “Cryptocurrency Cashback” is available only for Standard Account, Islamic Standard Account.

*If there are multiple trading accounts under the same client’s name, only one eligible trading account can participate in this promotion.

6.Eligible Clients (both new and existing clients), who meet the criteria set forth herein are able to receive cashback, equal to: 

*The minimum accumulated trading lot size for which the cashback can be triggered is 0.1 standard lot. If the client's valid trading lot on the day fails to accumulate to 0.1 standard lot, it will be cleared to zero. The cumulative number of lots is a multiple of 0.1 standard lot, such as 0.2 standard lot, 0.3 standard lot (0.12 standard lot can only be calculated as 0.1 standard lot).

7.The total amount of cashback that may be accumulated during this promotion is set to 10,000 USD (or currency equivalent), per Eligible Client.

8.The eligible products: All cryptocurrency products except ALGUSD, MTCUSD, XRPUSD, BCHUSD, XLMUSD, EOSUSD, BTCBCH, BTCETH, BTCLTC, BTCXAU, ETHBCH, ETHLTC, ETHXAU.

9.The effective trading volume: The newly opened and closed orders during the promotion period. Positions open for less than 5 minutes, locked positions, and hedged positions do not count as valid trades for this promotion.

10.If a client deactivated this promotion on the “Crypto Cashback” page within their client portal, the client cannot reactivate the promotion again.

1.This promotion cannot be used in conjunction with any Deposit Bonus promotion, any No Deposit Bonus promotion, First Deposit Cashback promotion, 100% Cash Rebate promotion.

2.Participation in the promotion is exclusively open to clients.

3.PU Prime will not be liable for any costs, expenses or damages which may be suffered as a result of PU Prime re-setting or adjusting client’s account as contemplated by these Terms and Conditions, including but not limited to losses attributable to automatically Closed Out Open Positions.

4.The PU Prime reserves the right, at its sole discretion:

  • a.to decline registration of any participant in the “Cryptocurrency Cashback”; and
  • b.disqualify any participant in the “Cryptocurrency Cashback” who tampers or breaches these terms and/or any of the “PU Prime Terms and Conditions” set forth on PU Prime’s website.

5.PU Prime reserves the right, at its reasonable discretion, to discontinue the offering of this “Cryptocurrency Cashback” to any of its clients, without having to explain the reasons. Such clients will be informed via email.

6.PU Prime reserves the right to alter, amend or terminate the “Cryptocurrency Cashback” or any aspect of it at any time without having to compensate anyone for that. Prior notice of such changes will be given to clients. Please note that taking part in the “Cryptocurrency Cashback” constitutes acceptance and agreement to abide by any such alterations, amendments and/or changes.

7.Any indication or suspicion, in the PU Prime’s sole discretion, of any form of arbitrage (including but not limited to risk free profiting), abuse (including but not limited to participant’s trading activity patterns that indicate that the participant solely aims to benefit financially from the cashback without being genuinely interested in trading in the markets and/or taking market risk), fraud, manipulation, cash-back arbitrage connected to a cashback promotion or any other forms of deceitful or fraudulent activity, will nullify all previously cashback of the Eligible Client’s real trading accounts with  PU Prime and/or any and all transactions carried and/or profits or losses garnered therein. In these circumstances, PU Prime reserves the right, at its sole discretion to close/suspend (either temporarily or permanently) all such Eligible Client’s real trading account(s) with PU Prime, cancel all orders and annul all profits of such participant. In these circumstances, PU Prime shall not be liable for any consequences of the cashback cancelation, including, but not limited to, order(s) closure by Stop Out.  

8.Taking part in the “Cryptocurrency Cashback” constitutes acceptance of these Terms & Conditions and of the PU Prime Terms and Conditions set forth on the PU Prime’s website.

9.The “Cryptocurrency Cashback” is available for a limited period of time only, as indicated in the rules of engagement of the specific promotion, and/or survey of which the “Cryptocurrency Cashback” is mentioned to be a part of.

10.If these terms and conditions of the “Cryptocurrency Cashback” is translated into a language other than English, the English version is superior in the case of an incompatible interpretation.

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