Quidax VIP Trading Programme – Terms and Conditions

By participating in the Quidax VIP Trading Programme, you are agreeing to these terms and conditions (the “Terms”).
The Quidax VIP Trading Programme is being run by Quidax Technologies Limited (“Quidax”).
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.
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 Participate

The Quidax VIP Trading Programme is open and limited to users who hold verified Quidax accounts and engage in Spot trading on eligible trading pairs.
Only maker orders i.e. orders which add liquidity to the order book and are not immediately matched, will qualify toward Programmeme volume. Taker orders, derivatives, or other instruments outside the Spot market are not eligible for participation.
You agree that your participation in the Quidax VIP Trading Programme is at your sole option, discretion and that you understand the risk involved in cryptocurrency trading.
The Quidax VIP Trading Programme is conditional on the Terms contained herein.
Quidax or its affiliates and staff members are not eligible to participate in the Programme.

The Programmeme is structured around a tier-based system that evaluates participants based on their weekly maker trading volume.
The relevant volume is measured over a seven-day period, commencing at 00:00 UTC each Monday and ending at 23:59 UTC each Sunday. Based on this assessment, users will be placed into one of three tiers listed below.
Participants with weekly maker volumes up to $500,000 will not qualify for rebates and are placed in Tier 1.
Tier 2 shall include participants whose weekly maker volume falls between $500,001 and $2,000,000, and they will benefit from a 0.00% maker fee (i.e., no fee).
Tier 3 includes participants who exceed $2,000,001 in maker volume within the week, entitling them to a negative fee of 0.01%, which is paid out as a rebate.
Quidax may also apply volume multipliers to certain trading pairs at its discretion.
Tier 3 Participants who qualify for rebates under the Programme will receive payments calculated as a percentage of their eligible weekly maker volume.
Quidax will calculate the volume and and tier status on a weekly basis, and will pay the rebates at the end of the month.
Quidax is not responsible for any tax obligations arising from rebate income or benefits received through the Programmeme, and all Participants should consult independent tax advisors for guidance specific to their jurisdiction.

Participants in higher tiers of the Programme may also receive additional non-monetary benefits such as priority access to VIP customer support, higher order placement limits, and increased API rate limits to support automated trading strategies.
Quidac reserves the right to suspend or restrict these benefits based on the participant’s activity, risk profile, or historical trading behavior.

Quidax does not accept any liability for any damage, death, loss, injury or disappointment suffered by any Participants as a result of either participating in this Programmeme, save that Quidax does not exclude its liability for death or personal injury as a result of its own negligence.
Use of the Quidax website or app during this Programme is governed additionally by its Terms.
Quidax does not provide any form of financial support or advice for participants in this Programme unless otherwise stated in this Terms. You are advised to do your own research before entering and/or while participating in this Programme.

Quidax reserves the right to cancel the Programme or amend these Terms at any time, without prior notice.
Quidac reserves the right to make any changes to the tier structure, rebate percentages, eligible trading pairs, or multipliers as deemed necessary for operational, legal, or regulatory reasons.
The Programme and these Terms will be governed by Nigerian law and any disputes will be subject to the exclusive jurisdiction of the courts of Nigeria.

Participants are required to act with integrity and fairness when engaging in the Programmeme.
Quidax may monitor trading behavior using its systems, and reserves the right to audit any trading activity and require additional information from participants at any time.
Quidax reserves the right to immediately suspend or terminate any Participant from the Programme at any time at its sole discretion where it suspects that a Participant has used of multiple accounts to generate artificial trading volume, coordinated trading behavior intended to distort the market, or submission of fake or incorrect orders or breached any applicable laws, regulations or the Terms and Conditions of Use of Quidax.