Referral Agreement - Arbitrx Asset Management
loader image

Referral Agreement

These Terms of Use are effective as of July 25, 2020.




Arbitrx (the “Con Connect LP.”) manages online software/platform as a service including the website located at https://arbitrx.com, Arbitrx mobile application(s), application program interface(s), all together or each separately is referred to as the "Software" and provides online services and technical support.

The Arbitrx team is represented by Con Connect LP. – company incorporated under the laws of the Republic of Ireland with registration code 2478 (2018) and registered office in Dublin Ireland. Con Connect LP. is also referred to as “we” (“us”, “our”).
WHEREAS that you have registered an account on the Software/Pltform and expressed your interest and intention to promote the proliferation of Software/Platform within the circle of undetermined as well as acquainted persons, Con Connect LP. kindly invites you to conclude this Referral Agreement (“Agreement”) on the terms and conditions provided below.
BY ACCESSING YOUR REFERRER ACCOUNT AND BY CREATING REFERRAL LINK YOU UNCONDITIONALLY ACCEPT ALL THE PROVISIONS OF THIS AGREEMENT.

1. DEFINITIONS


“Referrer” in the definition of the Terms is a natural person, the existing registered and active Client of Arbitrx, not banned, blocked, or subjected to any sanctions or limitations, who have accepted this Agreement and thus hereby have expressed the intention to participate in referral program of Arbitrx by attracting new User using Referral Link, also referred to as “you” (“your”).
“Referral Link” is an automatically generated hyperlink to the Software registration scenario, personalized exclusively for Referrer for attracting new Qualified Users.
“Personal account” means a prepaid account in the Software that is used for accounting and displaying operations on incoming credit payments for further debits for Software services.
“Referrer account” means a special account that becomes available to the Referrer upon acceptance of this Agreement and since it becomes activated by Arbitrx. Funds on the Referrer Account are accounted in the equivalent of the US Dollar and accrued in accordance with section 3 of this Agreement.
The “User” definition corresponds to the “User Terms of Use” conditions at https://arbitrx.com/terms-of-service/ (You are kindly asked to read it carefully).
“Qualified Investor” means a natural person who has (a) successfully registered on the Software using Referral Link, and (b) purchased/subscribed one of the given funds unite in acceptable cryptocurrency (BTC ETH, or other listed).

2. OBLIGATIONS


To become a Referrer you are obligated to:
be a registered User of the Software/Platform. Your profile on the Software shall be completely filled and contain all the requested data including contact details;
proceed verification procedure (AML/KYC compliance if applicable); solicit and obtain Referral Link in the special section of the Software named “Referral Sharing Link”.
Referrer may involve any person from the circle of acquainted persons to become a Qualified Investor of the Software, in any way possible and in any manner not contrary by the law, making sure that such persons:
are of sufficient legal age to use the Software;
are not under the control of jurisdiction that explicitly prohibits the use of similar software;
are aware that usage of the Software is going at their own discretion and under their own responsibility.
The Referrer shall have no authority and shall not to:
enter into negotiations with or obtain orders from on behalf of Arbitrx; enter into or conclude any agreements (including preliminary or verbal agreements) with any persons on behalf of Arbitrx;
introduce yourself as an employee or partner of Arbitrx;
enter into any collusion with other existing or potential Investors of the Software in order to gain any illegal benefit from this Agreement; make any statement or give any warranty or guarantee in respect of the Software;
reduce, harm or diminish the reputation, image and prestige of Arbitrx and/or the Software;
place or publish any ads with branded keywords (“Arbitrx”, “arbitrx.com”, “Coin Connect LP.” etc).
Any new Investor attracted by the Referrer to the Software is considered to be a Qualified Investor on the Software/Platform only if he/she had followed the Referral Link provided by the Referrer when performed the registration procedure.
Arbitrx shall have right on its sole discretion to: add or remove any part or feature of the Software;
change the price or specification of any constituent of the Software; enter or not to enter into an arrangement with any potential Investor (incl. Qualified Investor) without explaining the reason;
temporarily suspend or permanently cancel this Agreement, Referral Account and stop all related settlements, if there is a reasonable suspicion of a breach of the agreement by Referrer.
Other rights and obligations of Arbitrx, as well as the Referrer (being a priori the Investor), are set forth in User Terms of Use at https://arbitrx.com/terms-of-service/

3. PAYMENT TERMS


Arbitrx will pay a Direct Bonus, that is calculated as a 5% of the amount of any successful and subsequently not refunded or reversed payment (‘origin payment’) made by the subsequent, who is committed by Arbitrx for investing in the funds:
Matching Bonus means Qualified Investor attracted by the Referrer and is subjected to invest in one of the given funds which will generate a 20% matching income for the team above that node in1:2 or 2:1 ratio.
Team Matching Bonus means Qualified Investor attracted by the Referrer's Referral and is subjected to invest in one of the given funds which will generate a 20% matching income for the team above that node in1:2 or 2:1 ratio.
Spil Over means Qualified Investor attracted by the Referrer is subjected to invest in one of the given funds which will generate a 20% matching income for the team below that node in1:2 or 2:1 ratio.
Reinvestments means Qualified Investor attracted by the Referral or Referrer's Referral and is subjected to reinvest in one of the given funds, which will generate a 5% direct income to the referrar, and 20% matching income for the team above that node in1:2 or 2:1 ratio.
Reactivate means Qualified Investor attracted by the Referral or Referrer's Referral and is subjected to reactivate the account, which will generate a 5% direct income to the referrar, and 20% matching income for the team above that node in1:2 or 2:1 ratio.
Upgrade means Qualified Investor attracted by the Referral or Referrer's Referral and is subjected to Upgrade to bigger unit, which will generate a 5% direct income to the referrar, and 20% matching income for the team above that node in1:2 or 2:1 ratio.
Daily Capping Means Qualified Investor attracted by the Referral or Referrer's Referral and is subjected to reach the daily limit of earning (for $100 unit is $100 for $500 unit is $500), which will laps the extra matching bonus on the same day.
Referral Capping Means Qualified Investor attracted by the Referral or Referrer's Referral and is subjected to reach the referral earning limit of earning (for $100 unit is $500 for $500 unit is $2500), which will stop the Direct Referral & Matching Bonus income in the case of non reactivation.
Arbitrx will pay the Referrer a bonus for the origin payment made only in acceptable cryptocurrency – BTC (Bitcoin) or other listed on the Platform.
The Referrer’s bonuses are credited by Arbitrx to the Referrer's account in the amount converted from original cryptocurrency to US Dollars equivalent at the current market rate in the moment of such credit transaction processing.
Arbitrx is not obliged to:
deposit to the Referrer account any bouns for any origin investment that was made in whatever currency that is not subjected to conditions above;
transfer to Referrer the funds accumulated on Referrer Account in bitcoin currency, or other except acceptable cryptocurrency on auto-request of Referrer without the final approval of Arbitrx.
Funds on Referrer Account may be credited to Personal Account at the Investors request. Bonuses credited to Referrer’s Personal Account may be used to pay exclusively for Reinvest or Reactivation services and shall not be withdrawn afterward in full accordance with Arbitrx Refund Policy at https://arbitrx.com/refund.
Referrer shall be responsible for the reporting, collection, remittance, and payment of any or all taxes, charges, levies, assessments, and other fees of any kind imposed by governmental or other authority in respect of fees credited to his Referrer Account as well as Personal Account..

4.Ownership of account


In the case of non KYC accounts, user account will be owned by the person holds the user id and the password, company will not take any responsible for any kind of hacking or stolen id password.

5. MISCELLANEOUS


Arbitrx may impose additional requirements and conditions, modify the payment amounts, or otherwise modify this Agreement by posting an update on the Software/Platform at any time by its sole discretion. This Agreement shall exclusively be governed by and construed in accordance with the laws of the Republic of Ireland. Unless regulating law compels differently, all disputes resulting from or arising in connection with these Terms shall be exclusively submitted to the competent court of Dublin, Ireland, unless the dispute can be settled by negotiation.
The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement. Any such invalid or unenforceable provision shall be replaced or be deemed to be replaced by a provision that is considered to be valid and enforceable and which interpretation shall be as close as possible to the intent of the invalid provision.
If you are entering into this Agreement on behalf of a company or other legal entity, you represent that you have the authority to bind such entity and its affiliates to this Agreement, in which case the terms “you” and “your” shall refer to such entity and its affiliates and not to you personally. If you do not have such authority you must not accept this Agreement..