CoinFlex -First Physically Delivered Cryptocurrency Futures Exchange

Affiliate Program Services Agreement

CoinFLEX is the trading name of Liquidity Technologies Limited, a Seychelles registered Company whose business registration number is 208853.

This Affiliate Program Services Agreement (“Services Agreement”) sets forth the terms and conditions of your use of Affiliate Program (“Affiliate Program”) between you and CoinFLEX.

By participating in the Affiliate Program you agree to the terms and conditions of the Affiliate Program Services Agreement and the Terms Of Service as well as any other disclaimers and policies published on our website including but not limited to the Privacy Policy, Cookies Policy and Risk Policy. CoinFLEX reserves the right to amend, modify or terminate the Services Agreement and the Affiliate Program from time to time and at any time as determined by CoinFLEX in its sole discretion. If you do not agree to the terms and conditions of the Services Agreement, the Affiliate Programme or either’s amendments or modifications, please do not participate in the Affiliate Programme. Your participation or continuing participation in the Affiliate Programme signifies your agreement to all such terms and conditions, amendments or modifications thereto.

Anyone being a citizen, located in, or resident of the United States of America and any other restricted, sanctioned or prohibited jurisdiction is prohibited from:

  • acting as an Affiliate of CoinFLEX;
  • making any referrals as an Affiliate to CoinFLEX;
  • opening an account as a Follower or otherwise using CoinFLEX’s products or services; and
  • receiving any Commission(s) otherwise due to an Affiliate or any Rebate extended to a Follower.

1. How does the Affiliate Program work?

CoinFLEX allows eligible Affiliates to recommend/refer the CoinFLEX trading platform to their Followers and hence, earn Commissions from receiving a percentage of the fees paid by those Followers to CoinFLEX.

Followers will receive a Rebate on completed trade fees for the initial period of time from the moment of registration.

We may have different Commission and Rebate rates on different products from time to time; these will be clearly published on our website’s Affiliate Program page.

2. Your obligations as an Affiliate

You acknowledge and agree that your website or publishing and communication methods shall not:

  • Contain false, inaccurate or misleading information about CoinFLEX’s products and services;
  • In any way copy or resemble the look and feel of our web site content nor create the impression that your website or publishing location is part of CoinFLEX;
  • Engage in sending unsolicited commercial email or indiscriminate advertising;
  • Violate any applicable law such as data transfer, data privacy, data security laws or any securities laws such as offering or promoting CoinFLEX’s products and services in any jurisdiction in which they would be illegal, regulated, restricted, or require licencing;
  • Publish or cause to be published any material that may be construed as an offer, solicitation, or recommendation to buy or sell investment products in breach of relevant laws, rules or regulations;
  • Make statement or promise for and on behalf of CoinFLEX;
  • Engage in activities that CoinFLEX determines, in its sole discretion, to be harmful to its customers, employees, operations, or reputation;
  • Make statement, promise, or implication relating to returns, risks or success through the use of CoinFLEX’s products or services;
  • State or imply that any of the information, content or data contained in your web site or publishing location represents or reflects any views, advice or opinions of CoinFLEX;
  • Use CoinFLEX.com as a display URL;

You acknowledge and agree that CoinFLEX may terminate the Services Agreement if you, your website or your publishing location violates, as determined by CoinFLEX in its sole discretion, any of the aforementioned restrictions or additional restrictions as may be imposed from time to time. CoinFLEX also reserves the right to seek recovery of any or all Commission paid or payable to you and you hereby agree to such liability and repayment of such Commission if you violate, as determined by CoinFLEX in its sole discretion, any of the aforementioned restrictions, which we may modify from time to time and at any time without prior notice.

3. Your obligations as a Follower

You acknowledge and agree that:

  • You have received the “Affiliate link” or “Affiliate code” from the Affiliate with intention of a single use when creating a CoinFLEX account;
  • “Affiliate link” can not be used with already registered CoinFLEX accounts;
  • You will not create a duplicate account for the purpose of using the “Affiliate link”;
  • Your email address and registration time will be shared with your Affiliate.

4. Our obligations

To Affiliates

To track, verify, report and pay you Commissions due to you. Commissions will be credited in the asset class that your Followers paid exchange fees in. For example, if they paid fees in both Tether and USD Coin for different products they traded on CoinFLEX, you will be paid Commission in both of these cryptocurrencies.
For our spot order books, Commissions earned from your Followers trading will become available in your balance after 12pm UTC on the day after the Commissions were earned.
For our futures products, as they are physically delivered, the Commission earned from your Followers trading in the futures products will only become available in your balance after 12pm UTC on the day of expiry of the relevant futures contracts.

To Followers

To track, verify and apply Rebate that is due to you.

General

You acknowledge that CoinFLEX will not be responsible for lost opportunity to earn Commission or receive Rebate due to any cause (such as technical difficulties or over-capacity including system overload) preventing us from registering any accounts, accepting deposits, executing trades, closing positions, or providing any other product or service to the Followers.

5. Cancellations of Program

CoinFLEX reserves the right to terminate or vary the terms of the Affiliate Program such as Commission percentages, Rebate percentages and the length of time that any program run for, due to changing market conditions, risk of fraud or for any other reason that we deem relevant at any time. Any Commissions earned until the end of the Affiliate Program will always be available in your balance from that point onwards.

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Prohibited Countries: American citizens and residents of the United States of America, Cuba, Iran, Syria, Sudan, North Korea, Afghanistan and any other Countries that are restricted from trading on our platform are prohibited from holding positions or entering contracts at CoinFLEX. If it is determined that any CoinFLEX trading participant has given false representations as to their location or place of residence, CoinFLEX reserves the right to close any of their accounts and to liquidate any open positions.