TradeSta Collateral Back Terms
1. Introduction
These Terms and Conditions ("Terms") govern your participation in the TradeStaCollateralBack promotional campaign ("Campaign") offered by TradeSta ltd ("TradeSta", "we", "us", or "our"). By participating in the Campaign, you agree to be bound by these Terms. If you do not agree to these Terms, you must not participate in the Campaign.
2. Campaign Description
TradeStaCollateralBack is a limited-time promotional event offering eligible users a collateral back of 50% of their collateral on their first Liquidation, subject to a maximum payout of $25 USD Coin (USDC).
3. Campaign Period
The Campaign begins on Tuesday 20th May 2025 until Wednesday 28th May 2025 ("Campaign Period"). TradeSta reserves the right to amend the Campaign Period or terminate the Campaign at any time without prior notice.
4. Eligibility Criteria
To be eligible for a collateral back under the Campaign:
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The participant must open a single position using a wallet address that has not been previously claimed under this Campaign.
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The position must be opened with a minimum collateral amount of $10 USDC.
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The trade must be executed with a minimum leverage of 10x.
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The position opened must have been liquidated by the platform.
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The user must not reside in a Prohibited Jurisdiction (as defined in Section 8).
TradeSta will only honor one qualifying collateral back per wallet address. Subsequent losses will not be eligible.
5. Refund Terms
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The refund will be 50% of the collateral used in the qualifying liquidated trade, up to a maximum of $25 USDC.
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Collateral back will be issued in USDC on Avalanche C-Chain.
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Collateral back will be processed within 72 working hours of the position liquidation.
TradeSta reserves the right to verify trade data and eligibility prior to issuing any collateral back payment.
6. Fraud and Abuse
TradeSta reserves the right to disqualify any user that is found to:
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Use multiple wallet addresses to claim multiple refunds.
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Exploit or manipulate the Campaign, including wash trading, coordinated trading behavior, or any conduct that breaches fair use.
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Submit fraudulent claims or use automated systems to trade.
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Disqualified users will forfeit their eligibility for refunds and may be restricted from using the platform.
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Are from one of the prohibied locations outlined in clause 7.
7. Prohibited Jurisdictions
TradeSta is not available to residents of, or persons located in, the following jurisdictions (collectively, “Prohibited Jurisdictions”):
Belarus, the Central African Republic, Democratic Republic of the Congo, Democratic People’s Republic of Korea, the Crimea, Donetsk People’s Republic, and Luhansk People’s Republic regions of Ukraine, Cuba, Iran, Libya, Somalia, Sudan, South Sudan, Syria, Yemen, Zimbabwe, and any jurisdiction in which the use of TradeSta is prohibited by applicable law. By participating, you represent and warrant that you are not located in, or a resident or citizen of, any Prohibited Jurisdiction.
8. Limitation of Liability
TradeSta shall not be held liable for any losses, claims, damages, or expenses (direct or indirect) arising from your participation in the Campaign, use of the platform, or failure to receive a refund.
All trading on TradeSta is conducted at your own risk. Leveraged trading is inherently risky and may result in significant losses.
9. Governing Law
These Terms are governed by and construed in accordance with the laws of the Marshall Islands, without regard to conflict of law principles. Any disputes arising out of or in connection with the Campaign shall be subject to the exclusive jurisdiction of the courts of the Marshall Islands.
10. Contact
For all inquiries related to the TradeStaCollateralBack Campaign, please contact: marketing@tradesta.io