Terms and Conditions
“Welcome Bonus Switzerland February 2024”

1. General 

The following terms and conditions (“Terms”) govern the rules for participating in the ”Welcome Bonus Switzerland (“Welcome Bonus Switzerland”) 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 the Participant (as defined in Section 3 or “you”).

By participating in the Welcome Bonus Switzerland Initiative, you agree to these Terms and the applicable Bitpanda Group TC which form an integral part of these Terms. Please note that the German version is the prevailing version. By participating in the Welcome Bonus Switzerland 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. 

Investing in crypto carries risks. Conduct your own research before concluding a transaction. This Welcome Bonus Switzerland does not constitute financial advice or an invitation to conclude a transaction. 

2. Duration 

This Promotion will begin on the 1st of February, 2024, at 10:00 am (UTC) to the 8th of March, 2024, at 23:59 pm (UTC). Bitpanda reserves the right to change or end the Promotion at any time (“Promotion Period”).

3. Eligibility and Entry: 

Entry is open to Bitpanda Clients (“Participants”) who (a) are residents of Switzerland,

(b) have successfully verified, deposited and completed their first-ever trade(s) of crypto assets worth at least 400 CHF on Bitpanda within two weeks,

(c) accept these Terms.

Natural or legal persons performing market-making services or any similar services are not eligible to enter the Welcome Bonus Switzerland.

White Label users are not eligible to participate in the Welcome Bonus Switzerland.

Any volume generated by opening Bitpanda Leverage positions will not be taken into account. 

For the avoidance of doubt, it is hereby expressly emphasised that natural or legal persons who provide market-making services or similar services as well as all institutional customers (B2B traders) and market makers are excluded from this Welcome Bonus Switzerland. Any volume generated by the Participant prior to participating in this Welcome Bonus Switzerland will not be taken into account and will not count towards trading/purchase volume calculations. Any trading/purchase volume generated outside of the Bitpanda Broker will not be taken into account.

4. Distribution of the Bonus 

Every participant who deposits and makes his first-ever trade(s) of crypto assets worth at least CHF 400 with Bitpanda within two weeks will receive CHF 100 worth of Bitcoin as a bonus (“Bonus”). 

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

Crypto is volatile. You could sustain a loss of some or all of your investment or the Bonus. Invest only what you can afford to lose.

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

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 the email address of their account about the payout of the Bonus. Bitpanda will strive to transfer the Bonus to the Participants within 15 days after the end of the “Welcome Bonus Switzerland Februrary 2024” 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).

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

Bitpanda collects your personal data on the basis of your consent in accordance with section 6 (1) lit. a General Data Protection Regulation 2016/679 (“GDPR”) and insofar as this is necessary for the establishment of the legal relationship with the Participant and for the subsequent implementation and handling of the Welcome Bonus Switzerland Initiative.

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 Bonus. 

9. Contact

For further questions, please contact our customer support team.