Referral Program

The general concept of the Change Referral Program (hereafter Referral Program) is to reward Customers, who have invited their friends and family to join Change community and to start using the Change App.

The terms of the Referral Program (hereafter Referral Terms) set the requirements that must be met in order for the Customer and the Invitee to take part in the Referral Program and to receive the Reward as described in these Referral Terms.

1. What terms and definitions do we use?

As used in these Referral Terms, including the preamble hereof, unless expressly otherwise stated or evident in the context, the following capitalized terms and expressions shall have the following meanings:

Customer or you – User, who has been Onboarded;

Invitee – any third party natural person with active legal capacity, who is not a Customer of Change, who has been invited by a Customer to Onboard to Change;

Personalised Link – a Customer’s personalised link provided by Change to invite others to Onboard to Change, which must not be disclosed on any site, managed by Change, e.g. social media, forums, blogs, Telegram etc.;

Onboard or Onboarding – concluding the User Agreement with Change, including downloading the Change app, signing up and providing all of the necessary information and documents to start using the Change App and transferring at least 100 euros to the Account from an account opened in the name of that same person in a payment or credit institution, registered or having its place of business in a contracting state of the European Economic Area;

Reward – both the Customer and the Invitee will receive the equivalent of 10 euros (at the moment of the allocation) in Bitcoin in accordance with these Referral Terms.

2. How to invite a friend?

2.1. In order to receive the Reward, you must share your Personalised Link with an Invitee, which the Invitee must use during Onboarding.

2.2. In order to be entitled for a Reward you and the Invitee, using the Personalised Link, must both be residents or citizens of a contracting state in the European Economic Area.

2.3. During Onboarding, the Invitee must make the first transfer within 30 days in order for you to receive the Reward.

3. When is the Reward received?

3.1. You and the Invitee both are entitled for a Reward if the Invitee has used your Personal Link to Onboard in accordance with these Referral Terms.

3.2. The Reward is allocated automatically shortly after all of the conditions in these Referral Terms are met.

3.3. If you have not yet been Onboarded, the Reward shall be allocated to you after you and the Invitee have both been Onboarded.

3.4. If either you or the Invitee does not receive the Reward automatically in accordance with clause 3.2, you should contact us.

3.5. You are entitled to receive a total of 10 Rewards for inviting friends. If 10 Invitees have used your Personalised Link to onboard, you are not entitled to receive additional Rewards.

3.6. We reserve the right to decline to allocate you or the Invitee a Reward, if we unilaterally suspect that you or the Invitee have breached any of the conditions stipulated in these Referral Terms or have acted in bad faith in connection to these Referral Terms.

4.1. You and the Invitee must at all times act lawfully and in good faith, and must not perform any act that damages or might damage Change’s brand, goodwill or reputation or results in direct or indirect damages or losses to Change.

4.2. We reserve the right to amend the Referral Terms or to terminate the Referral Program without prior notification.

4.3. We shall not be liable for any losses or direct or indirect damages incurred to you, Invitee or to any third party in connection with the Referral Program or these Referral Terms.

4.4. Other relevant terms of the User Agreement shall apply in all other respects that have not been regulated with these Referral Terms.