Kraken Pro Crypto Competition - Official Rules

Enter the Kraken Pro Crypto Competition! We’re excited to see your submissions and offer you a chance to win $1,000 USD worth of $BTC.

Entries must be completed during the Competition Period: July 5, 2024 00:00 UTC - July 31 2024 23:59 UTC.

Notes:

  • Participation in the Competition is optional.
  • No purchase is necessary to enter or win.
  • Kraken will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Kraken.
  • The winning entrant who is selected to receive the Competition prize will need to fill out a Google Form within 48 hours of being notified of winning.
  • Kraken reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion without prior notice to you.
  • By participating in the Competition, entrants acknowledge having read and agreed to the terms of the Competition below, the Kraken Terms of Service, which is published at https://www.kraken.com/legal, and the Kraken Privacy Notice, which is published at https://www.kraken.com/legal/privacy. Entrants understand that Kraken will use the information provided for the purposes of assessing entrants’ eligibility to participate in the Competition, identity verification, prize draw and prize redemption.


Kraken Pro Crypto Competition - Terms & Conditions

BY ENTERING THE COMPETITION, YOU AGREE TO THESE OFFICIAL RULES AND THE
KRAKEN TERMS OF SERVICE, WHICH EACH FORM A CONTRACT. READ THEM CAREFULLY BEFORE ENTERING. NO PURCHASE, PAYMENT, OR FUNDING NECESSARY TO PARTICIPATE OR WIN. PURCHASE, PAYMENT, OR FUNDING WILL NOT INCREASE YOUR CHANCES OF WINNING.

Void in New York and Washington and where prohibited by law.

Kraken Entity:

Kraken Exchange Crypto Competition (“Competition”) is run by Payward Ventures, Inc., a company incorporated in Delaware with registered number 5359931 and registered address at 16192 Coastal Highway, Lewes, Delaware 19958 (“Kraken”).

Eligibility to participate in the Competition:

Subject to these Official Rules, the Competition is open only to those who:

  • Agree to the Kraken Terms of Service and have or create a Kraken Pro Account (as defined in the Kraken Terms of Service); and
  • Verify their Kraken Pro Account to at least Level 1 verification;
  • Reside in a country listed in the Eligible Countries Within Each Region shown below and be  at least eighteen (18) years of age;
  • Agree to these Official Rules and meet and comply with any and all applicable requirements herein;
  • Are not otherwise ineligible to participate under the Kraken Terms of Service, these Official Rules, or applicable law; and
  • Comply with all X terms and policies.

Eligible Countries Within Each Region

North America

US (excl. NY, WA, and ME states), Canada, Mexico

Europe

Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

APAC

Australia

A Kraken Account can be set up for free by going to https://www.kraken.com/sign-up on a computer or  IOS or Android mobile device. Please see the Kraken Terms of Service for additional requirements and terms.

Entrants must also have an X account to enter. An X account can be established for free, at https://x.com. The time the X entry is received is the time the entry is made available to Kraken by the X platform for the purposes of this Competition. Any entries that are hidden or removed by X prior to the winner announcement are void.

Employees, officers, directors, managers, agents, consultants, representatives and family members of Kraken employees and consultants  (or people living in the same household whether related or not), or their corporate partners, divisions, subsidiaries, affiliates, successors in interest, advertising, promotion, and public relations agencies (collectively, the “Competition Parties”) are not eligible. For the purposes of the Competition, family members are defined as spouse, mother, father, legal guardian, in-laws, grandmother, grandfather, brother, sister, children and grandchildren (including “step” as they may apply).

Competition Period:

Competition Period: July 5, 2024 00:00 UTC - July, 31 2024 23:59 UTC. The Prize winner will be determined within 14 days of submission deadline.

How to participate:

To participate in this Competition, you will need to:

  • Reply to the Competition tweet and respond as prompted by the Competition tweet
  • Like and repost the Competition tweet
  • Follow @KrakenPro & @krakenfx on X/Twitter
  • Sign up for a Kraken Pro account and meet Level 1 KYC verification so that if you’re selected as the winner, we can fund your account!
  • Ensure your X account is public for the duration of the Competition Period
  • One (1) participant who completes the steps above during the Competition Period will be selected by Kraken based on originality and creativity (equally weighted) to win $BTC valued at $1,000 USD as of the day the campaign ends
  • We will DM the winners from @KrakenPro via X/Twitter with a Google Form to collect necessary information

Limit one (1) entry per person throughout the Competition Period. Entries received in excess of this stated limitation will be void. Kraken is not responsible for any changes or unavailability of your internet, your Kraken Account, X, or any other interference with your ability to access or otherwise participate in the Competition, including your ability to timely enter or receive notices or communicate with Kraken.

Prohibited Content for Submissions:

Kraken reserves the right to disqualify participants for (1) violation of these Official Rules, including breach of the Kraken Terms of Service; (2) violations of applicable law; (3) engaging in unfair competition as determined by Kraken in its sole discretion, or (4) any submission that violates the following prohibited content guidelines: misuses or uses without authorization any Kraken logo, trademark, or materials; provides personally identifiable information about yourself or any third parties, such as an address, phone number or any contact information; violates any third-party right including, but not limited to, copyright, trademark, right of publicity or any other proprietary right; is libelous, defamatory, disparaging or tortious; is sexually-explicit; refers to or promotes lotteries or gambling, other competitions or Competitions, or other promotions; includes explicit or offensive language; advocates violence; advocates illegal activities; advocates tobacco, alcohol or drugs; promotes bigotry, racism, hatred or harm against any group or individual or promotes discrimination based on race, sex, religion, nationality, disability, sexual orientation, age or any basis protected by federal, state, or local law, ordinance, or regulation; is unlawful, in violation of or contrary to the laws or regulations in any jurisdiction where the content is created; or denigrates, disparages or reflects negatively on Kraken, its services and products and/or its employees, or on any other person, company, services or product, or that disparages Kraken’s competitors.

Any submission that does not comply with the above requirements shall not constitute a valid submission to the Kraken Pro Crypto Competition and the participant responsible for such submission will be automatically disqualified.

Any attempt by an entrant to obtain entries fraudulently or to exceed entry limits by using multiple/different email addresses, identities, registrations, logins or any other methods will void entrant's entries, and that entrant may be disqualified. Final eligibility for the award of any prize is subject to eligibility verification as set forth below. All entries must be completed by the end of the competition period in order to participate. Kraken’s computer clock will be the official timekeeper for the Competition.

Winner Notification:

Winners will be notified via direct message from the official Kraken @KrakenPro account to the X handle whose submission is announced as the winner within 14 days. The winner will be required to provide sufficient information (including their Public Account ID) to identify a Kraken Account to deliver any prize awarded. The recipient of the prize acknowledges and agrees that they may be required to submit additional documentation, including Form W-9 Request for Taxpayer Identification Number and Certification, to be eligible to receive a prize. Upon confirmation of the winner’s Kraken Account, eligibility, and compliance with these Official Rules, prizes will be deposited in the winner’s Kraken Account. Participants must maintain a Kraken Account throughout the Competition Period and until prizes are deposited in order to remain eligible to receive any prize.

Prize:

There will be one winner of $1000USD worth of $BTC valued at the time the campaign ends.

¹Value determined as of July 31, 2024,  and is based on current price on Kraken exchange, subject to change

Licenses and Approvals:

By entering the Competition, you agree that any content and any other information submitted by you or collected by Kraken in connection with the Competition may be used by Kraken and shared with Kraken’s affiliated business entities. You give consent for Kraken and its agents to obtain and deliver your name, address and other information to third parties for the purpose of administering this Competition and complying with applicable laws, regulations, and rules. Except as otherwise contemplated in these Official Rules, Kraken will use personal information collected in connection with the Competition in accordance with its online privacy policy, located at https://kraken.com/legal/privacy.

You further represent and warrant that you meet all eligibility criteria for participation in the Competition and, in connection with the Competition, grant the Kraken and its affiliates an irrevocable, perpetual, non-exclusive worldwide license to publish, post, display, copy, distribute, transmit, edit, use alone, together or with other works, and otherwise exploit your Competition information, and any other indicia of persona associated with your Competition Information, in any manner whatsoever throughout the world, including on the internet, and at any time or times, in any and all forms of media, now known or hereafter discovered, without additional compensation, review or approval rights, notification or permission, except where prohibited by law, and you release all Competition Parties from any and all liability related thereto. For the sake of clarity, you give consent and approval to announce Competition results during and at the completion of the Competition Period on the internet and social media applications. YOU FURTHER ACKNOWLEDGE THAT IF YOU ARE A PRIZE WINNER, YOUR IDENTIFYING INFORMATION, INCLUDING BUT NOT LIMITED TO YOUR NAME AND ADDRESS, MAY BE DISCLOSED TO THIRD PARTIES TO FACILITATE THE AWARDING OF PRIZES AND COMPLY WITH APPLICABLE LAW AND REPORTING REQUIREMENTS.

Limitation of Liability:

By participating in the Competition, you agree to and hereby do release and hold harmless the Competition Parties from any damage, injury, death, loss, claim, action, demand, or other liability (collectively, “Claims”) that may arise from your acceptance, possession and/or use of any prize or your participation in this Competition, regardless of whether such Claims, or knowledge of the facts constituting such Claims, exist at the time of entry or arise at any time thereafter. Any person attempting to defraud or in any way tamper with this Competition may be prosecuted to the full extent of the law. Kraken reserves the right to modify these Official Rules in any way or at any time. Kraken reserves the right, in its sole discretion, to cancel or suspend this Competition should viruses, bugs or other causes beyond their control corrupt the administration, security or proper operation of the Competition. In the event of cancellation or suspension, Kraken shall promptly post a notice on Kraken’s website to such effect.

Additional Disclaimers:

Without limiting any other provision in these Official Rules, Competition Parties are not responsible or liable to any participant or prize winner or any person claiming through such participant or prize winner for failure to supply the prize or any part thereof in the event that any of the Competition activities or Kraken’s or its affiliates operations or activities are affected, as determined by the Kraken in its sole discretion, including, without limitation, by reason of any acts of God, any action, regulation, equipment failure, threatened terrorist acts, terrorist acts, air raid, blackout, act of public enemy, earthquake, war, fire, flood, epidemic, explosion, unusually severe weather, hurricane, embargo, labor dispute or strike labor or material shortage, transportation interruption of any kind, civil disturbance, insurrection, riot, or any law, rule, regulation, order or other action adopted or taken by any governmental, federal, state or local government authority, or any other cause, whether or not specifically mentioned above.

Disputes and Governing Law:

BY PARTICIPATING IN THE COMPETITION, YOU AGREE THAT TO THE EXTENT PERMITTED BY APPLICABLE LAW: (1) ANY AND ALL DISPUTES, CLAIMS AND CAUSES OF ACTION THAT CANNOT BE RESOLVED BETWEEN YOU AND COMPETITION PARTIES ARISING OUT OF OR CONNECTED WITH THE COMPETITION, OR ANY PRIZE AWARDED, WILL BE RESOLVED INDIVIDUALLY, WITHOUT RESORT TO ANY FORM OF CLASS ACTION; (2) ANY AND ALL CLAIMS, JUDGMENTS AND AWARDS WILL BE LIMITED TO ACTUAL THIRD-PARTY, OUT-OF-POCKET COSTS INCURRED, (IF ANY), NOT TO EXCEED TWENTY FIVE DOLLARS ($25.00), BUT IN NO EVENT WILL ATTORNEYS’ FEES BE AWARDED OR RECOVERABLE; (3) UNDER NO CIRCUMSTANCES WILL YOU BE PERMITTED TO OBTAIN ANY AWARD FOR, AND YOU HEREBY KNOWINGLY AND EXPRESSLY WAIVE ALL RIGHTS TO SEEK, PUNITIVE, INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES, LOST PROFITS AND/OR ANY OTHER DAMAGES, OTHER THAN ACTUAL OUT-OF-POCKET EXPENSES NOT TO EXCEED TWENTY FIVE DOLLARS ($25.00), AND/OR ANY RIGHTS TO HAVE DAMAGES MULTIPLIED OR OTHERWISE INCREASED; AND (4) YOUR REMEDIES ARE LIMITED TO A CLAIM FOR MONEY DAMAGES (IF ANY) AND YOU IRREVOCABLY WAIVE ANY RIGHT TO SEEK INJUNCTIVE OR EQUITABLE RELIEF.

Any dispute arising under or related hereto (whether for breach of contract, tortious conduct or otherwise) will be governed by the laws of the State of California, without reference to its conflicts of law principles. By participating in this Competition, you agree that any dispute arising from or relating to this Competition shall be determined by confidential binding arbitration only in San Francisco, CA, by and under the Streamlined Arbitration Rules and Procedures of JAMS, and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. Notwithstanding the foregoing, Kraken may seek equitable relief in any court of competent jurisdiction. If any provision of these rules is held to be illegal or unenforceable, such provision shall be limited or eliminated to the minimum extent necessary so that these rules otherwise remain in full force and effect and enforceable. The Competition Parties (are not responsible or liable for any of the following: (a) stolen, lost, late, misdirected, garbled, mutilated, damaged, incomplete, inaccurate, or illegible Participants, e-mail, mail, Competition-related correspondence or any technical, computer, mechanical, printing, typographical, human or other errors relating to or in connection with the Competition, including, without limitation, errors which may occur in connection with the administration of the Competition, the transmission of notification or correspondence, the processing of participants, the announcement of any prize or in any Competition related materials; (b) technical failures of any kind; (c) unauthorized human and/or mechanical intervention; (d) human error; (e) any error, omission, interruption, defect or delay in transmission or communication; (f) viruses or mechanical malfunctions; (g) errors, typos, or misprints in these Official Rules, in any Competition related advertisements or other materials; or (h) lost or unavailable network connections. Kraken is not responsible for electronic communications that are undeliverable as a result of any form of filtering or insufficient space in your e-mail account. Kraken is not responsible, and may disqualify you, if your e-mail address, telephone, or other contact information does not work or if it is changed without giving prior written notice to Kraken. If for any reason your participant is confirmed to have been erroneously deleted, lost or otherwise destroyed, corrupted or for any other reason not accepted as an entry into the Competition, your sole remedy is another entry in the Competition.

General Rules:

Kraken’s failure to enforce any term of these Official Rules shall not constitute a waiver of that provision. Kraken’s decisions will be final in all matters relating to the Competition. Kraken reserves the right to restrict or void participation from any IP address if any suspicious participation is detected. Kraken reserves the right, in its sole discretion, to void Participants who Kraken believes have attempted to tamper with or impair the administration, security, fairness or proper play of the Competition. In the event there is an alleged or actual ambiguity, discrepancy or inconsistency between disclosures or other statements contained in any Competition-related materials and/or these Official Rules (including any alleged discrepancy or inconsistency in these Official Rules), it will be resolved in Kraken’s sole discretion. You waive any right to claim ambiguity in the Competition or these Official Rules. If Kraken determines at any time in its sole discretion that you are disqualified, ineligible, or in violation of these Official Rules, or engaging in behavior that Kraken deems obnoxious, inappropriate, threatening, infringing, illegal or that is intended to annoy, abuse, threaten or harass any other person, Kraken reserves the right in its sole discretion to select an alternate winner. The invalidity or unenforceability of any provision of these Official Rules will not affect the validity or enforceability of any other provision. If the Competition is not capable of running as planned for any reason, Kraken reserves the right, in its sole discretion, to cancel, modify or suspend the Competition and award the Prize from eligible entries received prior to cancellation, modification, or suspension or as otherwise deemed fair and appropriate by Kraken. Each potential Winner may be required to provide Kraken with proof that he or she is the authorized account holder and complete documentation required for tax or other legal purposes. If a dispute cannot be resolved to Kraken’s satisfaction, the individual(s) may be deemed ineligible in Kraken’s sole discretion CAUTION: ANY ATTEMPT TO DAMAGE ANY ONLINE SERVICE OR UNDERMINE THE LEGITIMATE OPERATIONS OF THE COMPETITION VIOLATES CRIMINAL AND CIVIL LAWS. IF SUCH AN ATTEMPT IS MADE, KRAKEN MAY SEEK DAMAGES TO THE FULLEST EXTENT PERMITTED BY LAW AND MAY DISQUALIFY ANY PARTICIPANT MAKING SUCH ATTEMPT.