Terms and Conditions
“Bitcoin Halving Promotion”

1. General 

The following terms and conditions (“Terms”) govern the rules for participating in the “Bitcoin Halving Promotion” (“Promotion”) of Bitpanda GmbH, with registered office in A-1020 Vienna, Stella-Klein-Löw-Weg 17 (“Bitpanda”) and the resulting legal relationship between Bitpanda and Bitpanda Clients participating in the Promotion (“Participant” as defined in Section 3 or “you”).

Please be advised, participating in the Promotion shall constitute your unconditional acceptance to be bound by any and all of the terms of these TC. Bitpanda Group TC and  Bitpanda GmbH & BAM TC in their current versions apply. Please note that the English version is the authoritative version. By participating in the Promotion, you represent and warrant you meet the eligibility requirements below and acknowledge that failure to meet all eligibility requirements will result in your disqualification. 

Disclaimer: Investing in digital assets carries risks. In extreme cases, the invested amount may be lost completely. Conduct your own research before concluding a transaction. Section 24 of the Bitpanda Group Terms apply. This Promotion does not constitute financial advice or an invitation to conclude a transaction. You should keep yourself informed and understand the risks involved in buying and holding digital assets. 

2. Duration 

This Promotion will begin on February 6th, 2024, 00:00 (CET) and end on April 30th, 2024, 23:59 (CET) (“Promotion Period”) - Please note: Promotion Period has been extended.

3. Eligibility and Entry: 

In order to add a dynamic element to the Promotion, we have divided the Promotion into three distinctive weekly raffles followed by weekly trading competitions that present the following Eligibility and Entry criteria:

Bitcoin Halving Promotion 1

This Bitcoin Halving Promotion 1 will begin on February 6th, 2024, 00:00 (CET) and end on February 13th, 2024, 23:59 (CET) (“Promotion 1 Period”).

Entry is open to fully verified and registered Bitpanda Clients (“Participant”) who (a) meet all the requirements described in these Terms, 

(b) are not resident in a country or territory where the Promotion is not available*, 

(c) buy crypto assets worth at least EUR 210** on Bitpanda Broker (multiple buys count towards the total amount) during the Promotion 1 Period,

(d) accept these Terms.

Bitcoin Halving Promotion 2

This Bitcoin Halving Promotion 2 will begin on March 5th, 2024, 00:00 (CET) and end on March 12th, 2024, 23:59 (CET) (“Promotion 2 Period”).

Entry is open to fully verified and registered Bitpanda Clients (“Participant”) who (a) meet all the requirements described in these Terms, 

(b) are not resident in a country or territory where the Promotion is not available*, (c) buy crypto assets worth at least EUR 210** on Bitpanda Broker (multiple buys count towards the total amount) during the Promotion 2 Period,

(d) accept these Terms.

Bitcoin Halving Promotion 3

• Please note: New Promotion 3 criteria. 

This  Bitcoin Halving Promotion 3 will begin on April 1st, 2024, 00:00 (CET) and end on April 30th, 2024, 23:59 (CET) (“Promotion 3 Period”).

Entry is open to fully verified and registered Bitpanda Clients (“Participant”) who (a) meet all the requirements described in these Terms, 

(b) are not resident in a country or territory where the Promotion is not available*, (c) buy any amount of crypto assets at least 3 (three) different times on Bitpanda Broker during the Promotion 3 Period,

(d) accept these Terms.

New Bitpanda users will be required to sign up and register, complete the identity verification process and deposit funds into a new Bitpanda account in order to participate. 

Natural or legal persons performing market-making services or any similar services as well as institutional customers are not eligible to enter the Promotion. 

Bitpanda Technology Solution users are not eligible to participate in the Promotion. 

Employees and the immediate family members of such employees of Bitpanda or its affiliated companies, parent companies, subsidiaries, participating promotional partners, advertising agencies, and any company involved in the creation, production, or fulfilment of the Promotion are also not eligible.

*Please note that - due to regulatory requirements - Bitpanda Promotions are not available to users in certain restricted jurisdictions (Bitpanda Clients with residence in the Netherlands, in Belgium and in the UK). 

Unless otherwise specified, any volume generated by the Participant prior to each Promotion Period (as set out before) will not be taken into account. 

Any volume generated by the Participant prior to participating in this Promotion, by opening and closing Bitpanda Leverage positions (L-Token) or investing in Bitpanda Cash Plus will not be taken into account.

4. Prizes, Winner Selection and Notification

After each raffle and trading competition of the Promotion Period has ended, certain Participants will be selected according to the criteria set out below (“Winners”) and will be awarded a prize (“Prize”). The amount received per Prize is determined by the market value according to the asset/EUR trading pair on Bitpanda at the time of transfer to the Winners. 

There will be three sets of Prizes, therefore, three raffle draws and three trading competition winners. The Prizes for the draws are broken down as follows: 

Bitcoin Halving Promotion 1

Raffle 1:

A Participant who meets the eligibility and entry criteria for Promotion 1 (as described above)  is eligible to enter Raffle 1 (“Raffle 1 Entry”) and to win a Prize of EUR 2,000 worth of Bitcoin. Raffle 1 Entries will be drawn at random until 5 (five) unique Participants are selected. 5 Winners for Raffle 1 will be awarded, each of them with a Prize of EUR 2,000 worth of Bitcoin. This means, altogether EUR 10,000 will be given away.

Trading Competition 1:

Additionally, Participants who meet the eligibility and entry criteria for Promotion 1 (as described above) are eligible to enter the Trading Competition 1 (“Trading Competition 1 Entry”). Two Participants with the highest aggregated total value of crypto assets purchased during the Promotion Period 1 will be awarded two tickets to a FC Bayern Munich (“FCB”) upcoming home match.

Bitcoin Halving Promotion 2***

Raffle 2:

A Participant who meets the eligibility and entry criteria for Promotion 2 (as described above)  is eligible to enter Raffle 2 (“Raffle 2 Entry”) and to win a Prize of either (i)  EUR 3,000 worth of Bitcoin or (ii) two tickets to an upcoming FC Bayern Munich home match . Raffle 2 Entries will be drawn at random until 7 (seven) unique Participants are selected. 7 Winners for Raffle 2 will be awarded, each of them with a Prize of (i) EUR 3,000 worth of Bitcoin or (ii) two tickets to an upcoming FC Bayern Munich home match. This means, altogether EUR 15,000 worth of Bitcoin and four FCB tickets will be given away.

Bitcoin Halving Promotion 3***

• Please note: New Promotion 3 criteria.

Raffle 3:

A Participant who meets the eligibility and entry criteria for Promotion 3 (as described above)  is eligible to enter Raffle 3 (“Raffle 3 Entry”) and to win a Prize of half a Bitcoin. Raffle 3 Entries will be drawn at random until 2 (two) unique Participants are selected. 2 Winners for Raffle 3 will be awarded, each of them with a Prize of half a Bitcoin. This means, altogether 1 (one) Bitcoin will be given away.

***Please note: For Promotion 2 and 3, there will be no trading competition, all prizes will be part of the Raffle (first update on 9th February 2024). Promotion 3 has been adjusted and now consists of new criteria and includes different prizes (second update on 29 March 2024).

No substitution or cash equivalent of the Prize, or any portion thereof, is permitted. The winners cannot choose whether they receive prize (i) or (ii), nor can they swap, the prizes will be distributed randomly among the winners. The value of crypto assets can be volatile and may experience fluctuations. Participants should be aware of the risk of total loss of value due to market uncertainties. 

Bitpanda may select the specific FC Bayern Munich match for which tickets are awarded. Participants should be aware that the choice is entirely determined by Bitpanda’s judgement or preference. If for any reason the Prizes, or any part of a Prize, is unavailable or a Prize or related event is delayed, cancelled or postponed, or for any other reason, Bitpanda reserves the right to modify the Promotion in its sole discretion and award a substitute Prize of comparable or greater value. 

Only Bitpanda Clients who (i) meet all the requirements described in section 3 and (ii) were not, for whatever reason, disqualified by Bitpanda in accordance with section 5 are eligible. 

Bitpanda will strive to transfer the Prizes to the respective Participants by the end of each Promotion Period (regarding the transfer of FCB tickets please find more information below). The transfer may be delayed and Bitpanda shall not be liable for any losses arising out of or in connection with a late transfer (e.g. losses due to price changes).

The Prizes in Bitcoin will be credited directly to the Participants’ respective Bitpanda Broker wallet and instructions to receive the FC Bayern Munich tickets will be sent to the winners provided email addresses.

Participants, who are declared Winners in accordance with this section will be notified via email to the email address they have stated in their Bitpanda Client Account. The Winners  will be notified about the Prize and - in case of winning FC Bayern Munich tickets - also about instructions on ticket delivery within 3 days after the draw. The tickets will then be distributed by Bitpanda via the FCB Ticketing Center; Winner will receive an email with further instructions to access the ticket via FCB Ticketing Center. In the event a potential Winner cannot be contacted, fails to respond or refuses the Prize, the potential Winner will be disqualified without further notice and an alternative Winner may be selected. Bitpanda assumes no responsibility for undeliverable emails. If any tickets have not been received five days before the relevant event, the Winner shall contact Bitpanda. All potential winners are subject to verification by Bitpanda.

The awarded tickets cannot be redeemed for cash or resold. There will be no replacement for tickets that are lost, stolen, destroyed or damaged.

5. Disqualification

Bitpanda reserves the right to disqualify a Participant it suspects or finds (i) to have tampered with the entry process or the operation of the Promotion, (ii) to be acting in collusion with other Participants aimed at manipulating or disrupting the Promotion, (iii) to be acting in violation of these Terms, (iv) or in breach of any other applicable terms and conditions of Bitpanda, its subsidiaries, or (v) to have provided inaccurate information.

Disqualified Participants will not be entitled to become a Winner or win any other Prize under this Promotion.

Any attempt by a Participant to deliberately undermine the legitimate operation of this Promotion is a violation of laws, and should such an attempt be made, Bitpanda reserves the right to seek damages from any such Bitpanda Client or individual. 

Bitpanda is not responsible for the accuracy of the data you provide and may disqualify a participant if the email address of the Bitpanda Client is not valid.

6. Limitation of Liability

To the extent permitted by law, in no event shall Bitpanda be liable for any direct or indirect loss arising out of or in connection with the Promotion. 

As the organiser, FCB may impose its own additional conditions for the receipt and redemption of the Prize, for which Bitpanda assumes no responsibility or liability. 

Bitpanda reserves the right to suspend, cancel, or postpone the Promotion if it cannot be executed as planned for any reason. You do not have any legal claim against Bitpanda arising out of or in connection with this Promotion. 

7. Privacy and Taxes

All data processing at Bitpanda is carried out in accordance with Article 6 Paragraph 1 Letter b of the General Data Protection Regulation 2016/679 (“GDPR”) for the purpose of establishing the legal relationship with the participant and for the subsequent implementation and processing of the Promotion.

For more information about personal data, how, why and for how long it is processed and what rights participants have under the GDPR, we refer to this link: https://www.bitpanda.com/en/legal/bitpanda-privacy-policy

Participants are solely responsible for any/all applicable taxes related to the Prize. Potential Winner should consult a tax advisor to determine tax implications in accepting any Prize. 

8. Contact

For further questions regarding this, please contact support.