Referral Program Terms

These Referral Program Terms, between you and BitPoint, describe and govern your participation in the BitPoint Referral Program. This program provides Users the opportunity to direct Referrals to BitPoint as potential customers using a Referral Link. Your participation in the Referral Program is subject to its terms and conditions. Any capitalized terms used but not defined in Section 8 of these Referral Program Terms have the meaning provided in the BitPoint Platform Agreement. We may update or replace these Referral Program Terms by posting an updated version to our website.

1. Your Eligibility

To be eligible to participate in the Referral Program you must abide by these Referral Program Terms and be:
 •  a BitPoint User on a BitPoint Account that is activated and maintained in good standing; and
 •  a natural person who is at least 18 years old permitted and legally permitted to receive Referral Credits.

You are prohibited from participation in the Referral Program if:
 •  you were a User on a BitPoint Account that was terminated by BitPoint for any reason;
 •  you are legally or contractually prohibited from receiving Referral Credits;
 •  BitPoint determines that you violated any provision of these Referral Program Terms, guidelines related to the Referral Program, or other agreement you have with BitPoint.

2. Eligible Referrals

Where permitted to participate in this Referral Program, you will be provided one or more Referral Links that can be provided to potential BitPoint customers. These companies must use your Referral Links to qualify as a Referral. BitPoint may approve or reject applications submitted by Referrals using any criteria it determines is appropriate whether publicized or not. Referrals will not qualify for Referral Credits if they have or attempted to open a BitPoint Account at any time, are engaged in activities identified on the Prohibited Activities List, or fail any criteria we establish for approval. If a Referral is submitted by another referrer, you will only receive a Referral Credit if your Referral Link is associated with the application approved by BitPoint.

3. Referral Links and Referral Credits

Referral Links may only be used by you in conjunction with this Referral Program. You may not transfer them to a third party or sell or attempt to sell them. BitPoint may limit access or use of Referral links, or establish maximum Referral Credits, at any time and in its sole discretion. BitPoint owns all rights in Referral Links and any content or intellectual property associated with it. BitPoint will provide any earned Referral Credits to you in a manner stated on your referral page (for example, as USD or cryptocurrency attributed to your BitPoint Account or as a gift card). BitPoint may withhold Referral Credits that you are otherwise entitled to if we believe that you breached these Referral Program Terms or other agreements with BitPoint, if you engaged in activity that was illegal or fraudulent, or if we determine that a Referral Credit was provided to you erroneously. You are responsible for all taxes arising from or related to Referral Credits you receive. BitPoint will not report any income or earnings related to Referral Credits to taxing authorities except where required under law.

4. Restrictions

As part of this Referral Program, you agree to:
 •  not represent yourself as an employee or agent of or suggest any affiliation or partnership with BitPoint, or claim to be authorized to speak on behalf of BitPoint;
 •  not send uninvited messages through any medium (email, phone, fax, social media, etc.); not use automatic dialing apps, scripts, or bots to send messages to third parties; and will at all times comply with applicable laws.
 •  always send Referral Links as your true self and will not impersonate or claim to represent either real or fictitious third parties, or engage in anything that may be considered unfair, deceptive, or abusive acts or practices (UDAAP) or fraud;
 •  not create or use Referral Links in the context of anything that violates individual rights, promotes violence, hate, or discrimination, or is obscene or offensive;
 •  you will not use name “BitPoint” or the BitPoint logo in any public advertising or marketing unless expressly permitted to do so by BitPoint in writing; and
 •  not infringe the privacy or intellectual property rights of third parties. Violation of this section will result in your termination from the Referral Program and forfeiture of any Referral Credits that you have not already received.

5. Termination

These Referral Program Terms are effective as of the time you first send or generate a Referral Link and will terminate upon Notice by either you or BitPoint to the other party. BitPoint may terminate these Referral Program Terms upon Notice to you at any point in time.

6. Other Legal Terms

These Referral Terms integrate into the Notice, Governing Law, and Arbitration provisions of the Platform Agreement. BitPoint’s maximum liability to you for direct damages under these Referral Program Terms is limited to the total Referral Credits paid or payable to you in the preceding one-month period. BitPoint is not liable to you for consequential, indirect, special, or punitive damages, lost profits or revenue whether or not you advised us of their possibility. This limitation will apply regardless of the legal theory on which your claim is based. BitPoint may modify these Referral Program Terms at any time by posting an updated version to the Referral Program Terms.

7. Entire Agreement

These Referral Program Terms constitute the entire understanding between you and BitPoint for the subject matter described and no other agreements, representations, or warranties other than those provided in these Referral Program Terms will be binding unless in writing and signed by Company and BitPoint.

8. Defined Terms

Capitalized terms in these BitPoint Referral Terms will have the meaning provided in the Platform Agreement or as defined below: Platform Agreement means the BitPoint Platform Agreement/Terms of Service.

Referral means a company that has not previously submitted an application for a BitPoint Account and submits an application for a BitPoint Account using your Referral Link. Referral Program Terms means these BitPoint Referral Program Terms as amended from time to time.

Referral Credit means a monetary amount (such as a gift card or other monetary credit) or other benefit conferred by BitPoint (such as a credit of points to a BitPoint Account) for a Successful Referral. Referral Link means a URL provided by BitPoint to you that can be provided by you to companies that you wish to refer to BitPoint. Referral Program means the Program described on our as governed by these Referral Terms.

Successful Referral means a Referral has activated a BitPoint account by paying the $1,000 initial deposit and meets the criteria specified in these Referral Terms and has an application approved by BitPoint. Third-Party Referrers means third parties that are not affiliated with a BitPoint Account that participate in the Referral Program. And “you” means the natural person executing this agreement or providing Referrals to BitPoint.