Terms and Conditions
“Welcome Bonus Italy 2024"

1. General 

The following terms and conditions (“Terms”) govern the rules for participating in the ”Welcome Bonus Italy (“Welcome Bonus Italy” or “Promotion”) of the Bitpanda GmbH, with its corporate seat in Stella-Klein-Löw-Weg 17 A-1020 Vienna, (“Bitpanda”) and the resulting legal relationship between Bitpanda and Bitpanda Clients participating in the Welcome Bonus Italy (“Participant” as defined in clause 3 or “you”).

Please be advised, participating in the Welcome Bonus Italy 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 Terms and Conditions in their current versions apply.

Please note that the English version is the prevailing version. By participating in the Welcome Bonus Italy Initiative, 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 crypto 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. Conduct your own research before concluding a transaction. This Welcome Bonus Italy does not constitute financial advice or an invitation to conclude a transaction.

2. Duration 

This Promotion starts on June 21, 2024, at 10:00 am (CEST) (“Start Date”)  and runs until further notice (the time in between the (“Promotion Period”). Bitpanda reserves the right to change or end the Promotion at any time. 

3. Eligibility and Entry: 

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

(b) are one of the first 1500 user who have successfully verified/registered and deposited EUR 100 to their Bitpanda Account during the Promotion Period,

(c) completed their first-ever trade(s) of crypto assets worth at least 100 EUR on Bitpanda  within two weeks after their registration, and

(d) are residents of Italy, and

(e) keep their deposit balance in their Bitpanda Account at least at 100 EUR during the whole promotion period.

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

(a) persons performing market making services or any similar services as well as institutional investors,

(b) Bitpanda Technology Solution users,

(c) 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.

Any volume generated by the Participant prior to participating in this Welcome Bonus Italy will not be taken into account and will not count towards purchase volume calculations. Any purchase volume generated outside of the Bitpanda Broker will not be taken into account. Swapping assets, L-Token and Bitpanda Crypto Indices are excluded from this Welcome Bonus Italy. 

Note: This Promotion is limited to the first 1500 clients that register and fulfil all eligibility criteria. 

4. Distribution of the Bonus 

All qualified Participants who meet the eligibility criteria outlined in Section 3 will receive a welcome bonus according to the prize scheme set out below (“Bonus”):

• For each purchase of crypto assets worth at least 100 EUR  - you will receive a Bonus of 10 EUR credited to your account.

• This is possible 5 times within two weeks after your registration - so in total you can have 50 EUR credited to your account (by investing 5 times at least 100 EUR in crypto assets).

The Bonus will be credited directly to the Participants’ respective wallets. 

Bitpanda will strive to transfer the Bonus within 15 days after the end of the Promotion Period. 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).

Only Participants who (i) meet all the requirements described in section 3 and (ii) were not, for whatever reason, disqualified by Bitpanda in accordance with section 6 are eligible to receive the Bonus.

5. Notifying Participants 

Participants will be notified via email to the email address they have stated in their Bitpanda Client Account about the payout of the Bonus. Bitpanda assumes no responsibility for undeliverable emails.

6. Disqualification

Bitpanda may disqualify a Participant if there is (i) collusion between Participants aimed at manipulating the Welcome Bonus Switzerland, (ii) a breach of these Terms, (iii) a breach of any other applicable terms and conditions of Bitpanda, its subsidiaries, or (iv) if any data provided by you is incorrect.

Disqualified Participants will not be entitled to receive the Bonus.

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.

7. 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 Welcome Bonus Switzerland Initiative. 

Bitpanda reserves the right to suspend, cancel, postpone or modify the Welcome Bonus Switzerland Initiative, if it cannot be executed as planned for any reason. 

If Bitpanda suspects that the Participant has manipulated with or abused (or attempted to manipulate) the Switzerland Welcome Bonus Initiative or otherwise acted in bad faith with respect to Bitpanda, then Bitpanda reserves the right, in its sole discretion, to take the following actions with respect to such Participant and any person Bitpanda believes is acting in concert with such Participant: 

(i) temporary or permanent suspension of Bitpanda’s services (or any part thereof) and closure of the Participant's Bitpanda Account; 

(ii) Deduction/Removal of all benefits granted to such Participant (taking into account the loss sustained, which will be fully recognized); 

(iii) Deduction/Removal of all profits made by such Participant as a result of such manipulation or abuse, including the closing of all open positions in the relevant accounts at Bitpanda; and/or 

(iv) Exclusion from the Welcome Bonus Initiative Switzerland and all future promotions.

Bitpanda may also exclude Participants if(i) there is a breach of these Terms, 

(ii) there is a breach of any other applicable terms and conditions of Bitpanda or its partners; or 

(iii) the data provided by the Participant is false.

Excluded Participants are not eligible to receive any bonus.

8. Privacy 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 Campaign.

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 Campaign. Participants should consult a tax advisor to determine tax implications in accepting any Bonus. 

9. Contact

For further questions regarding this, please contact support.