Refer a friend terms and conditions

PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY. BY ACCESSING THIS WEBSITE YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS BELOW. THESE TERMS AND CONDITIONS ARE SUBJECT TO CHANGE WITHOUT NOTICE, FROM TIME TO TIME IN OUR SOLE DISCRETION. WE WILL NOTIFY YOU OF AMENDMENTS TO THESE TERMS AND CONDITIONS BY POSTING THEM TO THIS WEBSITE. IF YOU DO NOT AGREE WITH THESE TERMS AND CONDITIONS, PLEASE DO NOT ACCESS THIS WEBSITE NOR PARTICIPATE IN OUR REWARD PROGRAM

  1. These terms and conditions (the “Rules”) apply to the Refer a Friend promotion (“Refer a Friend Promotion”, the “Promotion”).  By participating in the Promotion, you agree to be bound by these Rules. To qualify for the Promotion, the person making the referral (“you’) must be an existing paid account holder of Dashboard Management Pty Ltd ABN 66 623 566 487, Australia (“we”, “us”, “String Exchange” or “our”).
  2. You must have an existing business or personal relationship with the person you would like to refer (“Your Friend”). Your Friend must be 18 years or older. To refer Your Friend, you must share the unique link provided in the Refer a Friend Promotion email invitation that you receive from String Exchange with Your Friend.
  3. You must not:
    1. provide or publish any information, or make any representation about the Refer a Friend Promotion to any person, other than by sharing the unique link provided to you by String Exchange via email invitation;
    2. attempt to refer any person to String Exchange for the purposes of the Refer a Friend Promotion if that person has made you aware that they do not wish to participate; or 
    3. represent to any person that you are an agent or representative of String Exchange.
  4. If you have any existing introduction or referral arrangement with String Exchange or any related entity, any referrals made under that arrangement will not be recognised for the purposes of the Refer a Friend Promotion.
  5. You can only refer an individual or company to String Exchange once for the purposes of the Refer a Friend Promotion. Your Friend cannot refer you to String Exchange. Any person referred to String Exchange by Your Friend (“Friend of Your Friend”) cannot refer you or Your Friend to String Exchange.
  6. Your Friend, or any Friend of Your Friend, must be a new client of String Exchange (not having previously held an account with String Exchange or any related entity).  All account applications are subject to our standard account opening criteria and will be governed by the terms and conditions located at String Exchange Website.
  7. To qualify for the Refer a Friend Promotion, Your Friend or a Friend of Your Friend must be approved for and open a String Exchange Trading Account (“Trading Account”) within six months of being referred (“Active Referral”).
  8. You must not represent to any person that a referral under this Promotion is required in order to apply for a Trading Account. Such applications may be made directly at: https://string.exchange/ and click Sign Up button on the top right coner.
  9. If any restrictions or conditions apply to the opening or operation of your Trading Account or the Trading Account of Your Friend, the referral will not qualify as an Active Referral until any such restrictions or conditions have been removed.
  10. If your membership stays active at the time your reward is collected and remitted, we will pay you the following percentage of the fees collected by String Exchange on each trade Your Friend makes using their Trading Account:
    1. where you hold a Silver Trading Account, 1% of the trading fees; or
    2. where you hold a Gold Trading Account, 7% of the trading fees; or
    3. where you hold a Platinum Trading Account, 8% of the trading fees; or
    4. where you hold a Diamond Trading Account, 12% of the trading fees.
  11. If your membership stays active at the time your reward is collected and remitted, we will pay you the following percentage of the fees collected by String Exchange on each trade that Friend of Your Friend makes using their Trading Account:
    1. where you hold a Gold Trading Account, 3% of trading fees; or
    2. where you hold a Platinum Trading Account, 4% of the trading fees; or
    3. where you hold a Diamond Trading Account, 8% of the trading fees.
    such rewards together referred to as the “Refer a Friend Rewards”.
  12. We will not provide any payment, commission or reward of any type in connection with the Promotion unless specifically set out in these Rules. The rates of trade commission collected by String Exchange, as amended from time to time, are published at Fee Schedule.
  13. Any Refer a Friend Rewards payable to you under these Rules will be remitted every 7 business days.
  14. You will be eligible to receive Refer a Friend Rewards only if you maintain your membership active.
  15. String Exchange will not be liable for any loss arising from delay in your receipt of Refer a Friend Rewards where the cause of any such delay is outside of our control, including (but not limited to) the processing of funds by your banking institution or any intermediary.
  16. The Promotion is not open to employees of String Exchange or any related company or employees of any other company engaged in direct competition with String Exchange. You cannot refer yourself via a joint account, a family member or a member of the same household.
  17. Where we consider that any of these Rules have been breached or there is any reason to suspect any participant has acted fraudulently or obtained an unfair or unintended advantage in connection with the Refer a Friend Promotion, we reserve the right to stop or withdraw payment of the Refer a Friend Rewards without notice.
  18. We are the sole arbiter of the Refer a Friend Promotion and these Rules. Any decisions about the application of these Rules are at the sole discretion of String Exchange’s management, and our decision is final. We reserve the right to alter, amend or terminate the Refer a Friend Promotion or any aspect of these Rules at any time by way of 7 days prior notice published on https://support.string.exchange where doing so would not significantly disadvantage you.
  19. We will not be held liable for any losses incurred by any person in connection with their participation in the Refer a Friend Promotion. Trading digital currencies may be a high risk activity and it is possible to lose your investment.
  20. Any dispute or situation not covered by these Rules will be resolved by our management in a manner it deems to be fairest to all concerned and that decision shall be final and binding on all parties.
  21. If at any time all or any part of any provision of these Rules are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision(s) shall not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Rules or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Rules.
  22. These Rules shall be governed by and construed in accordance with the laws of Victoria, Australia and shall by subject to the jurisdiction of the Victorian courts.
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