In preparation for the EQUOS Halloween Trading Extravaganza (“Campaign”), we are organizing a KYC challenge to give users an opportunity to verify their accounts prior to the trading competition.

Subject to the General Terms and Conditions of the Campaign:

The KYC Challenge shall start on Monday October 26th, 2020, 00:00 UTC and ends on Saturday October 31st, 2020, 00:00 UTC (“KYC Challenge Period”).

The KYC Challenge is open to individuals (“Participants”) who are:

  • not registered on EQUOS,
  • EQUOS users who are registered but have not commenced KYC, or
  • EQUOS users who have commenced KYC but have not yet completed KYC level 3,

Participants who successfully complete KYC level 3 and make a trade of any amount from the start of the KYC Challenge to the end of the Halloween Trading Extravaganza will be entered into a lucky draw (“Draw”).

The 2 winners of the Draw will receive 400 USDC each.

Reward recipients will receive an email within 5 days of the completion of the EQUOS Halloween Trading Extravaganza on November 7th, 2020, 00:00 UTC announcing your winning status (“winning announcement email”).

The pay-out process will start within 1 week of the delivery of your winning announcement email. EQUOS Customer Support will reach out to the winners to collect your USDC wallet information during this process. If you cannot provide/confirm your USDC wallet information within 5 days of receiving communications from EQUOS Customer Support, you will lose your winnings.

KYC Challenge General Terms and Conditions

EQUOS refers to Diginex Capital Pte. Ltd. (“EQUOS”, which term shall include its affiliates). For the purpose of this KYC Challenge, “you”, “your”, or “users” refers to you or any agent, contractor, employee, or person authorized to act on your behalf. “We”, “us”, and “our” refer to EQUOS.

The KYC Challenge is (a) only open to persons that are at least 18 years old and of legal age in their jurisdiction, (b) not open to resident of Singapore or of any restricted jurisdictions, and (c) not open to residents of any jurisdiction prohibiting or limiting such KYC Challenge. Users not permitted to participate in the KYC Challenge will not receive any rewards or rebates from EQUOS.

We will not be responsible for any lost opportunity to earn rewards or rebates due to any cause (such as technical difficulties or over-capacity, system overload or load shedding, regulatory considerations, government directives, and government intervention) preventing registration of account, accepting deposits, executing trades, closing positions, or providing any other services to users, or any subsequent changes to the terms and conditions of this KYC Challenge.

All valuations and calculations for the purposes of the KYC Challenge shall be determined by us and are final and binding.

By participating in the KYC Challenge you acknowledge that there is no guarantee of receiving a reward and that any reward you may receive cannot be transferred, exchanged, or converted into other form, unless otherwise specified.

If you are deemed to be ineligible for this KYC Challenge for any reason or are prohibited or disqualified, we are entitled to at any time: (i) to forfeit, withdraw or withhold any or all rewards; (ii) where the reward has been paid out and/or utilized, to reclaim any or all of such reward and/or deduct the value of the utilized portion of such reward from your accounts with EQUOS in any cryptocurrency or currency.

We reserve the right, in our sole and absolute discretion, to disqualify or prohibit a user or any other person from participating in any aspect of this KYC Challenge for any reason, including without limitation if we deem or suspect that such person: (i) has acted in violation of these terms and conditions, the EQUOS Terms & Conditions or EQUOS Trading Rules or any other agreement entered into with EQUOS (whether in relation to this KYC Challenge or otherwise) (ii) has damaged, tampered with, abused or corrupted the operation of the KYC Challenge; or (iii) has engaged in conduct that EQUOS considers inappropriate or unacceptable, which includes (without limitation) conduct inconsistent with the intended operation or purpose of the KYC Challenge as determined by EQUOS.

We may, at our sole discretion, decline anyone as a customer and suspend or terminate, in whole or in part, any account or other business relationship with any of our customers at any time, in our sole and absolute discretion.

A user who closes his or her account for any reason before the completion of the Challenge pay-out date will forfeit any reward he or she may have been the recipient of.

We reserve the right to amend or modify any of these terms and conditions, and to adjust, withdraw or cancel the KYC Challenge, the reward from time to time without prior notice and without assigning any reasons whatsoever, notwithstanding that such amendment may be to the disadvantage to a user.

In the event of any inconsistency between these terms and conditions and any brochure, marketing or promotional material relating to the KYC Challenge, these terms and conditions shall prevail.

In case of any ambiguity, doubts, or disputes arising out of or under any of these terms and conditions or any communications, our decision is final and conclusive in all circumstances without assigning any reasons whatsoever.

We shall not be responsible or liable for any direct, indirect, incidental, punitive, special, or consequential damages for any reason whatsoever related to or in connection with this KYC Challenge, your use or inability to use our web site(s) or the materials and content of the web site(s) or any other web sites link to such web site(s) or your provision of any personally identifiable information to a backend service provider or any third party under any circumstances. This limitation applies regardless of whether the alleged liability is based on contract, tort, warranty, negligence, strict liability, or any other basis, even if we have been advised of the possibility of such damages or such damages were reasonably foreseeable. Certain jurisdictions do not permit the elimination or limitation of liability for consequential or incidental damages, therefore our liability in such jurisdictions shall be limited to the greatest extent permitted by law. If any provision of this limitation of liability is found to be unenforceable, only such provision shall be removed and the remainder shall be enforced to the greatest extent permitted by law.

These terms and conditions are governed in all respects by and construed in accordance with the laws of Singapore. The parties submit to the exclusive jurisdiction of the courts of Singapore.

By participating in the KYC Challenge, you represent and acknowledge that you have read, understood, and agreed to be bound by these KYC Challenge terms and conditions and by all our decisions without limitation or qualification.

This page does not constitute any offer, invitation, or recommendation to any person to enter into any transactions described therein or any similar transactions.

A person who is not a party to these terms and conditions will have no rights under the Contracts (Rights of Third Parties) Act, Chapter 53B of Singapore to enforce any of these terms and conditions.

Any KYC Challenge inquiries should be addressed to our Customer Support team via or by clicking on the chat widget at the bottom right-hand side of the EQUOS page.

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