Referral program terms and conditions

Terms and Conditions

Last updated: 9 March 2022

StableHouse’s Referral Program allows customers with a StableHouse Account to be rewarded with cryptocurrency when they refer their friends/family, and they sign up, get verified, and leave a deposit in their StableHouse account for 30 days, during the Early Access phase.

Rules

The following rules apply to your participation in StableHouse’s Referral Program (the “Program”). Without limiting the applicability of StableHouse’s Terms of Use and Privacy Policy, you agree to be bound by these Rules when participating in the Program. If you do not accept the Terms and Conditions stated below or any other terms and conditions, please do not use the site.

  1. Definitions and interpretation
    Unless stated otherwise, reference is made to the Terms of Use and any capitalized terms not otherwise defined herein shall have the meaning to them in the User Agreement.
  2. Offer Period
    The Program is valid until 10 June 2022. All Successful Redemptions (as defined below) shall end on 10 June 2022 at 5 pm (UTC) Coordinated Universal Time, (“Offer Period”).
  3. Eligibility
    Participation in the Program is limited to customers currently holding a StableHouse Account and who are compliant with StableHouse’s Terms of Use and continue to be in good standing. StableHouse reserves the right to determine whether or not a customer is in good standing.
  4. Program details
    StableHouse customers who meet the eligibility criteria above (“Referrers”) are each given a unique invite code and link (“Invite Code”) which they can use to refer new customers to StableHouse (“Referee”). During the Offer Period, a Referee shall sign up using the Invite Code and upon successfully completing the relevant verification requirements shall be considered for approval for a StableHouse Account. An approved Referee, shall purchase at least US$100 equivalent in value of Digital Assets (“Minimum Purchase”) and keep the Minimum Purchase in his/her StableHouse Account for at least 30 (thirty) consecutive days (“Retention Period”) and continue to be in good standing. After completion of all of the above, and at the end of the Retention Period, StableHouse will top up the StableHouse Account of each of the Referrer and the Referee with US$40 equivalent in value of stablecoins (e.g. USDC). This process represents a successful redemption of the Invite Code (“Successful Redemption”).
  5. Not transferable
    Invite Codes are unique to each eligible StableHouse customer. An Invite Code cannot be transferred, sold or ceded to someone else and it cannot be exchanged for cash or cryptocurrency other than in terms of these Rules.

Redemption conditions
Referrers may only redeem one Invite Code after signing up with StableHouse. To be eligible for the Program, Referees must not have already been approved as a StableHouse Account holder and must otherwise meet any conditions specified in the Program. StableHouse reserves the right to hold, void, cancel, suspend, adjust or amend the Program at any time. Participation and enrollment in the Program does not guarantee eligibility or fulfillment of the promotional offer.

 

 

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