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Uphold TradeBack Bonus Program - Terms and Conditions

Last updated Feb 26, 2025

Uphold TradeBack Bonus Program (the "TradeBack Program"), which shall begin on February 25, 2025 at 00:01 AM Eastern Daylight Time (EDT) and end on March 25, 2025 at 11:59 PM Eastern Daylight Time (EDT) ("Effective Period"), is a program that aims to enhance your Uphold experience by providing you with additional bonus for returning to trade on the Uphold platform. By participating in the TradeBack Program you acknowledge that you have read, understood, and agree to comply and adhere to the following TradeBack Program Terms and Conditions.

Eligibility

The Uphold TradeBack Program is open to all natural persons who:

  • reside in the United States (excluding Florida, NY and Virgin Islands);
  • are 18 or older on February 25, 2025 at 00:01 AM Eastern Daylight Time (EDT);
  • are users of the Uphold platform, who have successfully verified their identity (IDV) and completed certain Uphold "know your customer" procedures;
  • are users, who did not make any buy or sell trades, excluding deposits and withdrawals, on the
  • Uphold platform within the last three (3) months preceding the beginning of this TradeBack Program;
  • are customers of Uphold in good standing, in compliance with the Uphold Platform Terms and Conditions.

Key Tasks and corresponding Bonus Rewards

To receive the bonus reward under the TradeBack Program, participants must complete an Eligible Transaction within the Effective Period.

An “Eligible Transaction” is a transaction with a minimum equivalent value of $100 that involves either:

  1. Purchasing an eligible digital asset available on the Uphold platform using fiat currency; or
  2. Converting or swapping one eligible digital asset for another eligible digital asset on the Uphold platform.


Eligible Transactions do not include selling digital assets for fiat, depositing fiat or digital assets into an Uphold account, or withdrawing digital assets or fiat from an Uphold account. Additionally, transactions involving stablecoins or precious metal-backed assets are excluded from eligibility. Stablecoins are defined as digital assets designed to maintain a stable value relative to a fiat currency or other asset, while precious metal-backed assets refer to digital assets whose value is directly tied to the price of gold, silver, or other precious metals. Uphold reserves the right to determine asset eligibility at its sole discretion.

Only the first Eligible Transaction completed within the Effective Period will qualify for the Bonus Reward. The Bonus Reward is calculated as 10% of the Eligible Transaction amount, up to a maximum of $100. The Bonus Reward will be credited to the participant’s Uphold account within seven (7) days following the completion of the Eligible Transaction and will be paid in the same digital asset purchased or received as part of the Eligible Transaction.

Privacy

All information provided by you and collected by Uphold in connection with your participation in the TradeBack Program will be subject to and will be treated in a manner consistent with Uphold’s Privacy Policy as applicable in your jurisdiction. By participating in the TradeBack Program you agree that Uphold may collect and use the information provided in accordance with our Privacy Policy.

Disclosures

Your participation in the TradeBack Program does not guarantee earnings or a specific reward amount. Bonus Rewards are subject to change and may fluctuate based on market conditions beyond the Uphold’s control. In no event will Uphold be liable to you for any decrease in the value of Bonus Reward or loss of earned Bonus Rewards due to market volatility, technical issues, or other unforeseen factors.

Bonus Rewards must be accepted as awarded with no substitutions. You are responsible for any costs associated with receiving any Bonus Rewards. You will be solely responsible for reporting and payment of any and all taxes that may result due to receiving your Bonus Rewards. The platform does not provide tax advice or documentation beyond standard transaction records. You should consult your tax advisor to understand your obligations related to Bonus Rewards earnings under applicable laws and regulations.

Bonus Rewards must be accepted as awarded with no substitutions. Uphold shall bear no responsibility whatsoever for injuries, losses, or damages of any kind that result from participation, acceptance, possession and/or use or inability to use any Bonus Rewards.

Uphold shall not be responsible for any technical or computer errors, delay or restriction of the ability for the TradeBack Program to take place or if the Bonus Rewards cannot be distributed due to delays, interruptions, or failures due to acts of God, war, natural disasters, weather, acts or threats of terrorism, strikes, lockouts, labor disputes, work stoppages, fire, acts of government, or other events outside Uphold’s reasonable control.

Decisions of Uphold are final on all matters of fact, interpretation, eligibility, procedure and fulfillment in respect to this TradeBack Program. Uphold reserves the right at any time to modify, amend, suspend or terminate this TradeBack Program or to modify, amend, supplement these terms and conditions, in its sole discretion. Uphold shall bear no responsibility whatsoever for any losses or damages of any kind that may result from the suspension, modification or early termination of the TradeBack Program.

General

Except where prohibited by law, participants agree that: (1) any and all disputes, claims or causes of action arising out or connected with the TradeBack Program or any Bonuses shall be resolved individually, without resort to any form of class action, and exclusively by arbitration or alternate dispute resolution, as selected by Uphold, to take place in the Marin County, California; (2) claims, judgments and awards are limited strictly to actual out-of-pocket expenses incurred during program participation, excluding attorney’s fees; and (3) participants hereby waive all rights to claim punitive, incidental and consequential damages and any other damages arising out of participation in the TradeBack Program, other than for actual out-of-pocket expenses, and any and all rights to have damages multiplied or otherwise increased. Except where prohibited, all issues and questions concerning the construction, validity, interpretation and enforceability of these Terms and Conditions and the decisions of Uphold in connection with the TradeBack Program, shall be governed by and construed in accordance with the laws of the State of California, without regard for conflict of laws doctrine. Should any term or provision of this paragraph or any other rule herein be concluded to be void, unenforceable or contrary to applicable law as provided herein, such term or provision shall, but only to the extent necessary to bring the rule within the requirements of such law, be deemed to be severed from the other terms and conditions; and the remainder of these Terms and Conditions shall be given effect as if it had not included the severed item.