NovaDAX launched Trading Fee Cashback Program! All customers are welcome to participate. Let's take a look at the application process and the different levels of Cashback!
Application
Period and Quota
Period: Start from June 22th, 2022.
Quota: Only the first 500 users who complete the invite task or pass the assessment can take advantage of Cashback.
Application process
- All customers are welcome to apply. To ensure that you receive your Cashback and withdraw your money smoothly, please complete the verification while you are applying.
- If you choose General Plan, you need to invite 5 or more friends with verified account from January 1st, 2022. Advanced Plan doesn’t has this limit.
Cashback Program
Validity period
- The day after the day you meet both of the requirements (pass the application & invitees reach 100), the program will start.
- You will enjoy 180 days Trading Fee Cashback from the day the program starts.
General Plan
- If the number of invitees meets the requirements, the level will be automatically upgraded.
- The number of invitees has accumulated from January 1, 2022.
Advanced Plan
The Trading Fee Cashback rate for Advanced Level is determined by a comprehensive evaluation by the NovaDAX official team.
- Small: Between 5,000 followers and 50,000 followers (including all social networks)
Cashback Rate: ≥20% - Medium: Between 50,001 followers and 100,000 (including all social networks)
Cashback Rate: ≥ 30% - Large: Over 100,001 followers (all social networks added together)
Cashback Rate: ≥ 40%
Cashback Credit
- During the validity period, you will receive trading fee cashback from your invitees in proportion to your level each day.
- Cashback amount=Trading Fee for all invitees * your Cashback rate. "Trading" includes Agent, Orderbook Fiat, Orderbook Crypto
- Fees collected in the form of Crypto will be converted into BRL at the time of Cashback Credit.
- Between 0:00 am and 0:30 am each day, the previous day’s cashback will be issued to your NovaDAX account in BRL. Different levels have different cashback rates.
- If the customer subscribes to both plans and meets all the conditions, the Cashback will be credited to his account according to the Cashback rate of the Advanced Plan.
Instructions
1. New users have completed KYC 2;
2. If the rebate rules needs to be updated due to market changes, policies and business development, the validity period of the long-term rebate shall be adjusted according to the terms specified in the latest activity.
3. Those who find the following behaviors will be disqualified to the campaign and will not be able to obtain corresponding benefits:
- The use of multiple accounts to register or maliciously defraud activity rewards;
- Acts and comments that harm the NovaDAX brand.
4. Participation in this program implies full acknowledgment of the conditions and acceptance of the rules, as well as NovaDAX's terms of use and privacy policy.
5. NovaDAX employees and their relatives cannot participate in the campaign.
6. NovaDAX reserves the right to modify, change or cancel this program at any time and for any reason in its sole discretion and without prior notice. We apologize for any inconvenience this may cause you.
