Terms and Conditions
"Bitpanda x Raiffeisen NOE/BGDL Giveaway"

1. General

The following terms and conditions (“Terms”) govern the rules for participating in the Bitpanda x Raiffeisen NOE/BGDL Giveaway (“Giveaway” or “Promotion”) held by Bitpanda GmbH, with its corporate seat in Stella-Klein-Löw Weg 17, A-1020 Vienna (“Bitpanda”) and the legal relationship between Bitpanda and Bitpanda Clients participating in the Giveaway (“Participant” as defined in section 3 or “you”) arising thereof.

Please be advised, participating in the Giveaway shall constitute your unconditional acceptance to be bound by any and all of the terms of these TC. TC for the Use of Bitpanda Services,  TC of Bitpanda Metals and TC of Bitpanda Financial Services in their current versions apply.

The English version is a referential translation of the original German version of these Terms.  In the case of any discrepancy, the German version shall prevail.

Disclaimer: 

Investing in digital assets carries risks. You could sustain a loss of some or all of your investment. Crypto can be highly volatile, so it is important to only invest what you can afford to lose.

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. Period 

This Giveaway begins on 23rd of April, 2024, at 00:00 (CEST) and 8th of June, 2024, at 23:59 (CEST) (“Giveaway Period”).

3. Eligibility and Entry

Unless otherwise specified, entry is open to Bitpanda Clients (“Participant”) who 

(a) meet all the entry criteria described in these Terms and accept these Terms; AND 

(b) are residents of Austria and clients at a participating Raiffeisenbank in Niederösterreich or Burgenland (including Raiffeisenlandesbank Burgenland); AND

(c) become one of the first newly registered Bitpanda Clients within the Giveaway Period, who have successfully initiated the account opening process via the Mein ELBA-App and completed the registration and verification process  (Note: Bitpanda allows only one Bitpanda Client Account per Bitpanda Client. Double accounts are forbidden.); AND

(d) buy any amount and type of crypto assets based on your preferences via the Bitpanda Client Account created according to point (c) during the Giveaway Period.

The following natural or legal persons are not eligible to enter the Promotion: 

(a) persons performing market-making services or any similar services as well as institutional customers;

(b)employees and the immediate family members of such employees of Bitpanda or its affiliated companies, parent companies, subsidiaries or advertising agencies.

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

By participating in the Giveaway, you represent and warrant you meet the eligibility requirements below and acknowledge that failure to meet all eligibility requirements will result in your disqualification.

4. Prize, Winner Selection and Notification

After the Giveaway Period has ended, according to the following criteria, Bitpanda will select among the eligible Participants randomly 30 winners (“Winners”), who each receive a prize of EUR 1,000 worth of Bitcoin (“Prize”). The drawing will take place on 10th June, 2024.

The Bitcoin value of the Prize is determined by the market value of Bitcoin according to the BTC/EUR trading pair at the time of transfer to the Participants. 

The Prize will be credited directly to the Winners’ Bitpanda Account.

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 to receive the Prize.

Participants will be notified via the email address of their account about the payout of the Prize. Bitpanda will strive to transfer the Prize to the Participants within 5 days after the drawing. 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 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.

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 be selected as Winner and to receive the Prize.

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. Bitpanda’s 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 participation in the Promotion. 

Bitpanda reserves the right, without any prior notice or compensation to you, to suspend, cancel, postpone or modify the Giveaway, at any time, for any reason whatsoever. You do not have any legal claim against Bitpanda arising out of or in connection with this Promotion.

7. Data protection and Taxes

All data processing at Bitpanda is carried out on the basis of the contractual obligation 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 regarding your personal data, how, why and how long it is processed and which rights you have according to the GDPR, please click here:

https://www.bitpanda.com/en/legal#privacy

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

8. Contact

For further questions regarding this, please contact support.