2,600,000 SCM Prize Won’t Win Himself

WhiteBIT
Published 17 October 2023
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2,600,000 SCM Prize Won’t Win Himself

Content

And who will become their happy owner? Hold SCM and find out! The conditions are as follows:

  • Sign up on WhiteBIT (or already be a user of the exchange) and confirm your identity (KYC);
  • During the Promotion period, buy, deposit to your Main or Trading on the WhiteBIT exchange or already have at least 400,000 SCM on the balances and keep them at least until the winners’ announcement date.

Start: at 1 p.m. (UTC) on the 17th of October

Finish: at 1 p.m. (UTC) on the 23rd of October

Winners: 1

Winners’ announcement: the 27th of October

Prize: 2,600,000 SCM

Find the detailed conditions of participation in the Promotion below.

Announcement of the winner

Based on the draw conducted through the random.org service among Participants who meet the Conditions of the Promotion, the 1st round’s Winner and the holder of the 2,600,000 SCM Prize is a WhiteBIT exchange user with the nickname defective_aragon#5339.

The video recording of the Winner determination can be found on the official WhiteBIT YouTube channel.

Terms and Conditions of the “Hold and Win with Scamfari: Round 1” Promotion

The Organizer of the Promotion is UAB Clear White Technologies, a company duly incorporated under the laws of the Republic of Lithuania with the registration number LT-03224. The company’s registered office address is at J. Basanaviiaus g. 26, Vilnius, Republic of Lithuania.

The Promotion period: from 1 p.m. (UTC) October 17, 2023, until 1 p.m. (UTC) October 23, 2023.

The territory of the Promotion: All countries of the world except Afghanistan, American Samoa, the U.S. Virgin Islands, Guam, Iran, Yemen, Libya, Palestine, Puerto Rico, Somalia, North Korea, the Northern Mariana Islands, the USA, Spain, Canada, Syria, Sudan, South Sudan, «Pridnestrovian Moldavian Republic», the temporarily occupied territories of Georgia, «Republic of Artsakh», Northern Cyprus, Western Sahara, Amazonia, Kosovo, Republic of Belarus, Russian Federation and the temporarily occupied territories of Ukraine.

The Participants are responsible for ensuring that their participation is not prohibited or restricted by the laws or regulations of their jurisdiction. The Organizer reserves the right to verify the eligibility of Participants to participate in the Promotion and may request proof of residence or location, if necessary.

The Promotion is held with the primary objective of promoting the services provided by WhiteBIT.

Contact the Promotion Organizer: support@whitebit.com or in the chat on the https://whitebit.com website.

The Promotion is not a game of chance, a lottery, a service in the field of gambling business, or a contest; these Terms are not a public promise of reward.

Information about the Promotion is provided on the basis of advertising rights.

Participants of the Promotion are adult citizens of non-prohibited countries (that is, except those specified above) or other persons who are legally present in the territory of such countries and who have fulfilled the following Terms:

  1. Signed up for WhiteBIT for the first time or are already signed-up users of the exchange and verified their identities (KYC);
  2. During the Promotion Period, they bought, deposited, or already had at least 400 000 SCM on the Main or Trading balance on the WhiteBIT exchange and held this amount on their balances until the announcement of the Winner (the 27th of October 2023)

For further determination of the Winner, the Organizer will take snapshots of the Total balances of all the SCM holders on the WhiteBIT exchange three times randomly (on a random date and time) during the Promotion period.

The Conditions of the Promotion must be met within the timeframe of its duration.

Any personal data of the Participants of the Promotion is processed to ensure participation in the Promotion, marketing relations, advertising relations, tax relations, and relations in the accounting field.

Employees, representatives, or agents of the Organizer and their relatives (first and second degree of consanguinity) are not entitled to participate in the Promotion. If, at the time of accounting for the Prize, it is established that the person who participated in the Promotion cannot be a Participant of the Promotion in accordance with these Terms, such a person shall not be granted the right to receive the Prize.

Participants of the Promotion have the opportunity to become a Winner and to win the Prize of the Promotion — 2,600,000 SCM.

The maximum possible number of Promotion Winners — 1 person.

Based on the results of the Promotion in the period from the 23rd of October to the 27th of October 2023, the Organizer will form a list of Participants who meet the Promotion Terms and Conditions.

IMPORTANT:

  • The Organizer will add the Participant’s nickname to the list of Participants according to the amount of SCM held on his/her Main or Trading Balance. For each extra amount of 400,000 SCM (in addition to the minimum amount of SCM specified in the Promotion Terms and Conditions), the Organizer will add the Participant’s nickname to the list as many times as the extra amount is met.
  • One Participant’s nickname can be included in the list of Participants at least 1 but no more than 30 times. 
  • The maximum possible amount on the Total Balance of the Participant that will affect his placement in the list of Participants is 4,000,000 SCM. Participants can keep an amount exceeding 4,000,000 SCM on his/her Main or Trading Balance, but a maximum of 4,000,000 SCM will be considered within the framework of this Promotion.

The Promotion Winner will be determined on the 27th of October 2023, using the random.org service automatically. The Winner is determined by the ranking (a place in the Participants’ list on the https://www.random.org/ service).

The Winner’s nickname will be published on the 27th of October 2023 in this article on the WhiteBIT company blog (https://blog.whitebit.com/), as well as a video with the Winner’s selection will be published on the WhiteBIT YouTube account.

The Organizer credits the Prize to the Winner’s wallet on the Winner’s Main balance on the WhiteBIT crypto exchange within 5 business days from the next business day after the announcement of the Winner on the 27th of October 2023.

The Winner of the Promotion will be informed about the Prize accrual by a letter to the email address specified during registration on the website https://whitebit.com/ within 5 business days after its accrual.

If it is impossible to contact the Winner or if the Winner fails to comply with these Terms, such Winner loses the right to Winner status, and such right passes to the next Winner in the list.

The Winner receives a Prize for free. The Prize cannot be replaced. The Promotion Winner has no right to demand any other compensation from the Organizer. 

The received Prize cannot be exchanged or returned.

The Organizer bears no warranty obligations regarding the Prize received within the framework of this Promotion and under the conditions specified in these Terms and Conditions.

In case of non-receipt of the Prize, if the Winner was eligible for it, or in case of any other difficulties, the Winner must contact online support at https://whitebit.com, by email at support@whitebit.com or by chat later than on the 17th of November 2023 inclusively. If the Winner has not applied by the 17th of November 2023, particularly regarding the issue of not receiving the Prize, the Winner loses the right to receive it.

The Winner determined by the Promotion results cannot transfer the rights to receive the Prize to third parties.

The Winner of the Promotion has the right to refuse the Prize.

The Organizer does not compensate for the additional expenses of the Winner related to the receipt of the Prize. Taxation of the income of the Winners who received the Prize is carried out in accordance with the current legislation of the countries of Participants.

By participating in the Promotion, the Participant understands and agrees that any information voluntarily provided by him, including the Participant’s personal data, may be processed by the Organizer or third parties involved by him. The information may be processed to conduct the Promotion, to carry out all necessary actions related to it (including, but not exclusively, informing about the Promotion results both in advertising and in another way), as well as further possible sending of information to the Participant, including of an advertising nature, about the following events/competitions/promotions/draws of the Organizer. By accepting the requirements of these Terms, the Participants hereby consent to such processing of personal data for use by the Organizer and/or other persons authorized by the Organizer and confirm their full understanding and necessary awareness of the purposes of processing the information provided, as well as the privacy policy: https://whitebit.com/privacy-policy.

At the same time, by their participation in the Promotion, the Participants of the Promotion confirm their consent to the use of their surnames and names without financial compensation, as well as their agreement to comply with other Conditions of the Promotion. The Winners confirm their consent to provide advertising interviews about participation in the Promotion in the media, including on radio and television, as well as to be photographed for producing graphic materials without paying them any monetary compensation. All exclusive intellectual property rights to such interviews and photographs will belong to the Organizer.

The Organizer reserves the right to change the Terms and Conditions of the Promotion. In case of any changes, information about this will be provided on the https://whitebit.com website and Organizer’s social networks.

The Organizer does not enter into disputes that may arise between the Promotion’s Participants concerning the Prize. In situations that allow an ambiguous interpretation of these Terms and/or issues not regulated by these Terms, the Organizer of the Promotion makes the final decision in accordance with the requirements of the current legislation of the countries of Participants. In this case, the decision of the Organizer of the Promotion is final and not subject to appeal.

The Organizer of the Promotion is not responsible for the operation of the services of telecommunications companies, postal communication, in particular e-mail, for any errors of the employees of any enterprises/institutions/organizations that ensure the exchange of information between the Participants of the Promotion and the Organizer, or the circumstances as a result of which postal items did not arrive, arrived late, were lost or damaged; or as a result of which the Promotion Participant did not receive the corresponding Prize.