Freedom Referral Challenge: Enjoy Rewards For Referring Just 5 Buddies
Campaign Duration: The contest will be held from 14th Aug 2024, 12:00 AM to 25th Aug 2024, 11:59 PM IST.
How to Participate
- Simply Refer 10 friends during the campaign duration to be eligible for participation.
- Refer more people to improve your winning chances.
- Nudge your friends to trade more to win additional rewards together( Up to ₹2,00,000)
Eligibility
- This Contest is open to all registered Pi42 Users
- Participants must be above 18 years of age and comply with all applicable laws and regulations.
- You must refer 10 people who complete at least one trade on Pi42
Referral Rewards
Category 1 – Jackpot – Minimum referrals required to qualify – 10
| Rank | Rewards Worth |
| 1 | INR 50,000 |
| 2 | INR 10,000 |
| 3 | INR 5,000 |
Category 2 – Rapid Raiser – Minimum referrals required to qualify – 5
| 4 – 20 | INR 2000 |
| 21 – 50 | INR 1000 |
Additionally, 51-150 rank holders (100 referrers) with more than five successful referrals will be rewarded with INR 500.
Additional rewards for your referees’ trading volume
| Volume by your Referee (Friend) | Referrer’s Reward (Your) | Referee’s Reward (Your friends) | Trading Duration |
| ₹5 CR | ₹10,000 | ₹10,000 | 30 Days from the sign-ups |
| ₹10 CR | ₹20,000 | ₹20,000 | 30 Days from the sign-ups |
| ₹20 CR | ₹35,000 | ₹35,000 | 30 Days from the sign-ups |
| ₹50 CR | ₹50,000 | ₹50,000 | 30 Days from the sign-ups |
| ₹75 CR | ₹75,000 | ₹75,000 | 30 Days from the sign-ups |
| ₹100 CR | ₹1,00,000 | ₹1,00,000 | 30 Days from the sign-ups |
Total rewards –
- For referral – INR 1.77 Lakh
- Volume-based rewards – INR 5.80 Lakh
Win from a Pool of- INR 7.57 Lakh
Winner Announcement
- Referral Winners will be announced within 7 business days after the contest ends.
- Volume based rewards will be announced after 30 days of the contest
- Pi42 will contact the winners via their registered email addresses.
- Referral winners will be announced on Pi42’s contest leaderboard page.
General Terms and Conditions
- This contest is open to all users with a valid Pi42 account.
- Participants who received bonuses from other ongoing campaigns or contests including external campaigns are not eligible for rewards in this contest.
- The contest leaderboard page on Pi42 doesn’t confirm your reward. The pi42 team will manually verify your eligibility.
- Participation signifies compliance with Pi42’s Terms of Service and Trading Policy.
- Pi42 takes no responsibility for any technical issues during the contest.
- Pi42 reserves the right to modify or cancel the contest at any time without prior notice.
- Participants must ensure compliance with all applicable laws and regulations related to online trading.
- Pi42 takes no responsibility for any losses incurred during the contest.
- Winners must agree to have their photo, name, and other details published on Pi42’s website and social media.
- By participating, participants agree to the terms and conditions and the decisions of Pi42, which are final and binding.
- Pi42 reserves the right to verify eligibility and disqualify any fraudulent or manipulative entries.
- This contest is not sponsored, endorsed, administered by, or associated with any third-party platform or service.
- This referral reward is considered a bonus on top of the standard referral program offering (20% of the trading fee).
- The reward received from this specific contest is not withdrawable in cash. It can only be used for trading activities on the Pi42 platform.
DISCLAIMER : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.