Terms and Conditions
“Welcome Bonus Initiative”

1. General 

The following terms and conditions (“Terms”) govern the rules for participating in the ”Welcome Bonus Initiative (“Welcome Bonus Initiative”) of the Bitpanda GmbH, with its corporate seat in A-1020 Vienna, Stella-Klein-Löw-Weg 17 (“Bitpanda”) and Bitpanda Asset Management GmbH, with its corporate seat at Friedrich-Ebert-Anlage 36, 60325 Frankfurt a.M., Germany (“BAM”) (collectively “Bitpanda”) and the resulting legal relationship between Bitpanda and the Participant (as defined in Section 3 or “you”).

By participating in the Welcome Bonus Initiative, you agree to these Terms and the applicable Bitpanda Group TC and Bitpanda GmbH & BAM Terms and Conditions which form an integral part of these Terms. Please note that the German version is the prevailing version. By participating in the Welcome Bonus Initiative, you represent and warrant you meet the eligibility requirements below and acknowledge that failure to meet all eligibility requirements will result in your disqualification. 

Investing in crypto carries risks. Conduct your own research before concluding a transaction. This Welcome Bonus Initiative does not constitute financial advice or an invitation to conclude a transaction. 

2. Duration 

This Promotion will begin on the 16th of  May, 2023, at 12:00 am (UTC) and end on the 28th of May, 2023, at 11:59 pm (UTC) (“Promotion Period”).

3. Eligibility and Entry: 

Entry is open to Bitpanda Clients (“Participant”) who
(a) are residents of Germany

(b) meet all the requirements described in these Terms and successfully registered between  the 1st of January, 2021 and the 31st of December, 2022, 

(c) after receiving the Welcome Bonus communication (email, push or in-app) have successfully verified and deposited at least EUR 250 on Bitpanda during the Welcome Bonus Initiative Period

(d) accept these Terms.

Natural or legal persons performing market making services or any similar services are not eligible to enter the Welcome Bonus Initiative. 

White Label users are not eligible to participate in the Welcome Bonus Initiative. 

For the avoidance of doubt, it is hereby expressly emphasised that natural or legal persons who provide market making services or similar services as well as all institutional customers (B2B traders) and market makers are excluded from this Welcome Bonus Initiative. Any volume generated by the Participant prior to participating in this Welcome Bonus Initiative will not be taken into account and will not count towards trading/purchase volume calculations. Any trading/purchase volume generated outside of the Bitpanda Broker will not be taken into account. Trades made on Bitpanda Pro do not count towards entry into the Welcome Bonus Initiative.

4. Distribution of the Bonus 

Every participant who deposits EUR 250 with Bitpanda will receive EUR 25 worth in Bitcoin as a bonus (“Bonus”). 

The EUR value of the Bonus is determined by the market value of Bitcoin according to the BTC/EUR trading pair at the time of transfer to the Participants. 

The value of crypto assets is subject to change, and there can be a substantial risk that it could lose value (potentially all value) as a result of buying, selling, or holding the Bonus. 

The Bonus will be credited directly to the Participants’ respective wallets. 

Only Participants who (i) meet all the requirements described in section 3 and (ii) were not, for whatever reason, disqualified by Bitpanda in accordance with section 6 are eligible to receive the Bonus.

5. Notifying Participants 

Participants will be notified via the email address of their account. To Participants who are BP GmbH Clients as defined in the Bitpanda Group TC, the Bonus will be disbursed by the Bitpanda GmbH. To Participants who are BAM Clients as defined in the Bitpanda Group TC, the Bonus will be disbursed by BAM. Bitpanda will strive to transfer the Bonus to the Participants within 21 days after the end of the Welcome Bonus Initiative Period. The transfer may be delayed and Bitpanda shall not be liable for any losses arising out of or in connection with a late transfer (e.g. losses due to price changes).

6. Disqualification

Bitpanda may disqualify a Participant if there is (i) collusion between Participants aimed at manipulating the Welcome Bonus Initiative, (ii) a breach of these Terms, (iii) a breach of any other applicable terms and conditions of Bitpanda, its subsidiaries, or (iv) if any data provided by you is incorrect.

Disqualified Participants will not be entitled to receive the Bonus.

Bitpanda is not responsible for the accuracy of the data you provide and may disqualify a Participant if the email address of the Bitpanda Client is not valid.

7. Limitation of Liability

To the extent permitted by law, in no event shall Bitpanda be liable for any direct or indirect loss arising out of or in connection with the Welcome Bonus Initiative. 

Bitpanda reserves the right to suspend, cancel, postpone or modify the Welcome Bonus Initiative, if it cannot be executed as planned for any reason. 

8. Privacy and Taxes

Bitpanda collects your personal data on the basis of your consent in accordance with section 6 (1) lit. a General Data Protection Regulation 2016/679 (“GDPR”) and insofar as this is necessary for the establishment of the legal relationship with the Participant and for the subsequent implementation and handling of the Welcome Bonus Initiative.

For more information about personal data, how, why and for how long it is processed and what rights participants have under the GDPR, we refer to this link: https://www.bitpanda.com/en/legal/bitpanda-privacy-policy

Participants are solely responsible for any/all applicable taxes related to the Bonus. 

9. Contact

For further questions, please contact our customer support team.