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Quidax QDX Power Trader Challenge Campaign – Campaign Terms and Conditions

  1. By participating in the Quidax QDX Power Trader Challenge Campaign, you are agreeing to these terms and conditions (the “Terms”).
  2. The Quidax QDX Power Trader Challenge Campaign is being run by Quidax Technologies Limited (Quidax).
  3. All terms, provisions, and conditions — including any modification, addition, removal, alteration, reconstruction — in the Terms and Conditions of Use available on Quidax’s website are hereby incorporated into these Terms with the same force and effect as though fully set forth herein.
  4. The Terms and Conditions of Use and these Terms together shall be construed as one and the same. Where the Terms and Conditions of Use are inconsistent with these Terms, the provisions of the Terms and Conditions of Use shall prevail.

Eligibility to Enter

  1. The Quidax QDX Power Trader Challenge Campaign is open to selected  individuals over 18 years of age and who have completed sign up on the Quidax platform (i.e. email verification) and who have used the Quidax platform to conduct/carry out fiat transactions and/or cryptocurrency trades at any point since inception.
  2. You agree that your participation in the Quidax QDX Power Trader Challenge Campaign is at your sole option, discretion, and you understand the risk involved in cryptocurrency trading.
  3. The Quidax QDX Power Trader Challenge Campaign shall run from Monday, 16th June 2025 through Sunday, 6th July 2025. In entering the campaign, you confirm that you are eligible to do so and eligible to claim any prize you may win.
  1. The Quidax QDX Power Trader Challenge Campaign is conditional on the Terms contained herein.
  2. Merchant customers and other corporate customers of Quidax are not eligible to participate in the campaign.
  3. Quidax or its affiliates and staff members are not eligible to participate in the campaign.

How to Enter

  1. All individual customers are required to have an account on Quidax and trade the QDX/USDT pair during the campaign duration using either the Instant Swap or the Order Book product on the Quidax platform.
  2. Each week, individual customers must reach a set cumulative QDX/USDT volume threshold to earn a spot on our leaderboard or to become eligible for our raffle category. At the close of each week, the 10 individual customers with the highest trading volumes, who have met or exceeded the minimum volume target will split the leaderboard prize pool for the week. Meanwhile, all other customers who have simply hit the raffle volume threshold will be entered into a draw for additional rewards. 
  3. Winners (20 winners) of the raffle will be selected at random from among those who meet the raffle’s cumulative volume requirement.
  4. Quidax will not accept responsibility if the contact details provided are incomplete or inaccurate or the user fails to complete signup and verify the account.
  5. You are prohibited from creating multiple accounts or engaging in any fraudulent activity to gain an unfair advantage. Quidax reserves the right to disqualify you if you are suspected of such conduct, at its sole discretion. Also, any attempt at manipulating the Campaign (e.g., using multiple wallets) may result in disqualification.
  6. Quidax will not accept responsibility if the contact details provided are incomplete or inaccurate or the user fails to complete signup and verify the account.
  7. Quidax may request additional information or documentation from you to verify your identity or eligibility. We reserve the right to verify entries and take corrective action where abuse is suspected. Failure to provide such information within the specified time may result in disqualification.
  8. The decision of Quidax regarding any aspect of the competition is final and binding and no correspondence will be entered into or entertained about it.

The Prize

  1. A total prize pool of US$9,000 will be distributed over three weeks as follows:
Week Trading Pair Prize Pool Winners Reward per Winner Minimum Volume Target
1 QDX/USDT $1,000 Top 10 $100 $10,000+ weekly volume
1 QDX/USDT $1,000 Random 10 $100 $10,000+ weekly volume
2 QDX/USDT $1,000 Top 10 $100 $2,000+ weekly volume
2 QDX/USDT $2,000 Random 20 $100 $20,000+ weekly volume
3 QDX/USDT $1,000 Top 10 $100 $20,000+ weekly volume
3 QDX/USDT $3,000 Random 30 $100 $2,000+ weekly volume
  1. Leaderboard positions will be updated and announced regularly during the duration of the campaign.
  2. Winning customers will have their share of the prize pool deposited into their Quidax wallet in NGN.
  3. Quidax reserves the right to substitute prizes with another prize of equal value if circumstances beyond our control make it necessary to do so.
  4. Quidax reserves the right to substitute prizes with another prize of equal value if circumstances beyond our control make it necessary to do so.
  5. The decision of Quidax regarding any aspect of the competition is final and binding and no correspondence will be entered into or entertained about it.

Data Protection and Publicity

  1. By trading on Quidax during any Quidax QDX Power Trader Challenge Campaign, you consent to any personal information you provide as well as trading information being used by Quidax for the purposes of administering and marketing the Quidax QDX Power Trader Challenge Campaign, and for those purposes as defined within our Privacy Policy.
  2. All entrants may apply for details of the winning participants by contacting us at [email protected].
  3. The winner(s) agrees to the use/release of their full name, Quidax username, picture and other information that may be requested by Quidax. 
  4. All personal information shall be processed in accordance with Quidax Privacy Policy.

Winner Announcement

  1. After the end of the campaign, customers who qualify for the reward will be notified via email and/or Push Notification about their share of the prize pool.
  2. No other prize is applicable to this campaign.

Limitation of Liability

  1. Quidax does not accept any liability for any damage, death, loss, injury or disappointment suffered by any entrants as a result of either participating in this campaign, save that Quidax does not exclude its liability for death or personal injury as a result of its own negligence. 
  2. Quidax does not provide any form of practical or IT support for the all competitions. Use of the Quidax website or app during any Quidax QDX Power Trader Challenge Campaign is governed additionally by its Terms and Conditions.
  3. Quidax does not provide any form of financial support or advice for participants in this campaign. You are advised to do your own research before entering and/or while participating in this campaign.

General

  1. Quidax reserves the right to cancel the competition or amend these terms and conditions at any time, without prior notice.
  2. The competition and these terms and conditions will be governed by Nigerian law and any disputes will be subject to the exclusive jurisdiction of the courts of Nigeria. 
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