Promotional Offers Terms & Conditions

Last Updated: June 2, 2025

1. Nature of Promotions

  • These terms and conditions apply to all promotional offers, campaigns, incentives, and other related activities ("Promotions") provided by Lootbase ("Platform") for educational, promotional, and marketing purposes.

  • Promotions involve promotional positions, incentives, rewards, or similar offers funded entirely by Platform-owned funds. Users are not required, nor permitted, to deposit their own funds into any promotional accounts and have no custody, direct control, or ownership rights over the promotional assets or stakes.

  • All promotional funds and assets remain under the Platform's exclusive control and management at all times, clearly separate from user assets.

2. Eligibility

  • Participation in Promotions is explicitly prohibited for residents or citizens of restricted jurisdictions including, but not limited to, the United States, United Kingdom, European Union (unless explicitly permitted), Canada, Singapore, Japan, Australia, South Korea, Hong Kong, and China, or any other jurisdiction where such promotional offers or trading activities may be legally restricted or prohibited.

  • Users must certify and confirm compliance with all applicable local laws and regulations before participation. The Platform is not responsible for verifying user eligibility beyond reasonable measures.

  • Users found to be participating in violation of jurisdictional restrictions may have promotional benefits revoked, accounts terminated, and any profits or benefits voided.

3. Promotional Assets & User Interaction

  • Users do not have any legal or equitable rights to withdraw, transfer, or otherwise take possession of promotional assets.

  • Users may be permitted limited discretion within Promotions as defined explicitly by the Platform for each specific Promotion. Any user discretion will be clearly outlined in individual promotional terms.

  • Users may not alter, adjust, modify terms, or otherwise interfere with the management of promotional assets or positions beyond explicitly permitted choices.

4. Profit or Reward Withdrawal

  • Users may only withdraw profits, rewards, or benefits explicitly permitted and generated exclusively from successful Promotions. Original promotional stakes or assets provided by the Platform are strictly non-withdrawable and remain permanently Platform-owned.

  • Users must transfer any eligible profits, rewards, or benefits to their external wallets within the timeframe and conditions specified by the Platform. Failure to comply may result in forfeiture.

5. Risk Disclosures

  • Participation in Promotions involves substantial financial risk, including the potential for complete loss of any potential benefit.

  • The Platform assumes no responsibility or liability whatsoever for user losses, outcomes, or any financial harm arising directly or indirectly from participation in Promotions.

  • Users explicitly acknowledge understanding and acceptance of all risks inherent in trading and other promotional activities, including market volatility, liquidity risk, regulatory risk, and technical disruptions.

6. Platform's Rights

  • The Platform reserves the absolute and unconditional right to modify, suspend, revoke, terminate, or otherwise alter any Promotion, in whole or in part, at any time, for any reason, without prior notice to users.

  • The Platform retains full authority to exclude, suspend, terminate, or permanently ban any user suspected or found to be violating these Terms & Conditions, attempting to exploit or manipulate Promotions, or violating applicable local or international laws and regulations.

7. Data Privacy & Handling

  • The Platform collects, processes, and stores personal data in accordance with its Privacy Policy, available separately.

8. Promotion Duration & Expiration

  • Each Promotion may state its duration or expiry date. Failure to use or claim benefits within the stated timeframe will result in forfeiture.

9. Taxes and Reporting

  • Users are solely responsible for all applicable taxes arising from the receipt of profits, rewards, or benefits from Promotions.

10. Limitation of Liability

  • The Platform's total liability for any claims arising out of or related to Promotions shall not exceed $100.00 (USD) per user.

11. Dispute Resolution

  • Any disputes arising from Promotions must first attempt resolution via good-faith negotiations or mediation. Only unresolved disputes after such efforts will proceed to court jurisdiction.

12. Updates & Amendments

  • The Platform reserves the right to update these Terms & Conditions. Users will be notified of any material changes through the Platform’s website or by email.

13. User Acknowledgment

  • By participating in any Promotion, users explicitly acknowledge, confirm, and represent that they have carefully read, fully understood, and expressly agreed to these Terms & Conditions, including jurisdictional restrictions, promotional terms, and all related risk disclosures.

  • Users acknowledge that participation is voluntary and that they assume all responsibility for ensuring compliance with applicable laws and regulations.

14. Governing Law

  • These Terms & Conditions shall be governed by, interpreted, and enforced exclusively in accordance with the laws of the Cayman Islands, without giving effect to any principles of conflict of laws.

  • Users irrevocably consent to the exclusive jurisdiction of the courts located within the Cayman Islands for any disputes arising under or related to these Terms & Conditions or any Promotion.

By participating in any Promotion, you explicitly confirm your acceptance of, and agreement to comply fully with, all terms, conditions, disclosures, and restrictions set forth above.