- Introduction The “Love is in the Trade” Raffle (the “Promotion”) is organized by Quidax. By participating in this Promotion, users agree to be bound by these Terms and Conditions.
- Campaign Period The Promotion begins at 00:00 AM (WAT) on February 14th, 2026, and ends at 11:59 PM (WAT) on February 20th, 2026. Any trades made outside of this window will not qualify for the raffle.
- Eligibility To be eligible for the raffle, customers must:
- Be a registered Quidax customer.
- Have successfully traded on Quidax within the six (6) months before the start of the campaign.
- Have a fully verified Quidax account with a minimum of Basic Verification.
- How to Enter
- Customers must trade a minimum of 100 USDT (Buy or Sell) during the Campaign Period.
- Qualifying trades include those made via Orderbook or Swap.
- Every 100 USDT traded equals one (1) raffle ticket. For example, a single trade of 500 USDT equals five (5) entries. There is no limit to the number of tickets a customer can earn.
- Prize Pool & Winner Selection
- A total prize pool of ₦1,000,000 will be shared among fourteen (14) lucky winners.
- Distribution:
- 1st Prize (Grand Prize): ₦300,000 (1 winner)
- 2nd Prize: ₦100,000 (1 winner)
- Consolation Prizes: ₦50,000 (12 winners)
- Winners will be selected through a random electronic draw.
- Winners will be announced on February 20th, 2026, via Quidax’s official social media channels.
- Prize Redemption
- Prizes will be credited directly to the winners’ Quidax Naira (NGN) wallets.
- Payment will be processed within 72 hours of the winner announcement.
- Prizes are non-transferable and cannot be exchanged for other assets.
- Disqualification Quidax reserves the right to disqualify any participant who:
- Engages in wash trading, self-dealing, or market manipulation.
- Creates multiple accounts to game the raffle system.
- Violates Quidax’s general Terms of Service.
- General Conditions
- Quidax reserves the right to cancel, suspend, or modify the Promotion or these Terms at any time without prior notice.
- The ₦20,000,000 total volume target is a campaign objective and does not affect the guaranteed ₦1,000,000 prize pool payout.
- All decisions made by Quidax regarding winner selection and prize distribution are final and binding.
