Terms and conditions

“World Savings Day - Savings Plan Campaign 2024”

1. General

The following terms and conditions (“Terms”) govern the rules for participating in the World Savings Day Savings Plan Campaign 2024 (“Raffle”) held by 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 clause 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 Terms and Conditions 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.

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 crypto carries risks. You could sustain a loss of some or all of your investment. Crypto-assets are complex instruments and subject to extreme volatility. Conduct your own research before concluding a transaction. This Promotion does not constitute financial advice or an invitation to conclude a transaction. 

2. Raffle Period

This Raffle starts on October 31, 2024, 10:00 (CET) (“Start Date”) and ends on November 14, 2024, 23:59 (CET) (“Closing Date”) (the time in between the “Raffle Period”).

3. Eligibility and Entry: 

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) set up and activate a new** savings plan of at least €100 in total worth of any crypto assets (any crypto asset available on the Bitpanda Broker) on Bitpanda during the Raffle Period. To reach the total amount of €100, the Participant can choose the amount and frequency, e.g. a monthly plan with €100 or a bi-weekly plan with €50 each in the given timeframe. This is only an exemplary composition, other formations are also possible to reach the total amount.

(d) accept these Terms.

*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, in Turkey, in Italy and in the UK). 

** “New” means that a new savings plan is being drawn up for the first time. This does not include the cancellation of an existing plan and recreation of a new one with the same or substantially the same assets. 

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 investors,

(b) Bitpanda Technology Solutions 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 Raffle 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. Leverage assets are excluded from this Raffle. 

4. Prizes, Winner Selection and Notification

After the promotion period has ended, 5 Participants will be selected according to the criteria set out below (“Winner”) and will receive a monthly payment of €100 in Bitcoin for 12 months as a prize (“Prize”).

A Participant who meets the eligibility and entry criteria (as described above) is eligible to be entered into the Raffle (“Raffle Entry”) and to win the Prize. Raffle Entries will be drawn at random until 5 (five) unique Participants (including CH participants) are selected to receive the Prize. Bitpanda will credit the Prize to you on your Bitpanda Account starting as of 15th of December 2024, followed by a monthly allocation of BTC for 12 consecutive months (each on the 15th +/- 3 days). You will be credited €100 in BTC on a monthly basis, in total BTC worth €1,200. Distributing the Prize may be delayed and Bitpanda shall not be liable for any losses arising out of or in connection with a late distribution.

The Prizes will be credited directly to the Participants’ Bitpanda Broker E-Token wallet. You cannot claim a single payout, payment is made in 12 monthly instalments.

Participants, who are declared Winners in accordance with this section will be notified accordingly via email to the email address they have stated in their Bitpanda Client Account. 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 alternate Winner may be selected. Bitpanda assumes no responsibility for undeliverable emails. All potential Winners are subject to verification by Bitpanda.

5. Disqualification 

Bitpanda may disqualify a Participant from the Raffle if there is (i) a breach of these Terms, (ii) a breach of any other applicable terms and conditions of Bitpanda or (iii) if any data provided by you is incorrect.

Disqualified Participants will not be entitled to become a Winner. If there is any reason to believe that there has been a breach of these Terms, Bitpanda may, at its sole discretion, reserve the right to exclude you from participating in the Raffle. 

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. 

No substitution or cash equivalent of the Prize, or any portion thereof, is permitted. The value of crypto assets is subject to change, and there can be a substantial risk that it could lose value (potentially all value) as a result of buying, selling, or holding the Prize. 

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 Raffle. 

Bitpanda reserves the right, without any prior notice or compensation to you, to suspend, cancel, postpone or modify the Promotion, 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 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.

7. Contact

For further questions, please contact support.