Fan Token Reward Program

Fan Token Reward Program

Fan Token Reward Program Terms & Conditions

What is the Fan Token Reward Program?

The Fan Token Reward Program allows Bitexen Global users to earn rewards by locking tokens based on the number of goals scored by their selected team.

Users may participate by selecting a team’s goals category before the match starts and locking the required token.

Locked tokens remain protected throughout the program and are never at risk of being lost.







For these teams, users lock the respective fan token and rewards are distributed in the same token.

For example, CITY is used for Manchester City Goals, FB for Fenerbahçe Goals, and GAL for Galatasaray Goals. Rewards are paid in the same token that was locked.


FIFA World Cup Teams

For national teams participating in the FIFA World Cup, users lock XNP tokens instead of team fan tokens.

Rewards are also distributed in XNP.

Examples:

  • France Goals → XNP
  • Argentina Goals → XNP
  • Brazil Goals → XNP
  • Portugal Goals → XNP


Info

Reward Calculation

Rewards are calculated using the following formula:

Reward = Locked Token Amount × Goals Scored × Reward Rate


Fan Token Team Example

A user locks 500 CITY tokens in the Manchester City Goals category.

  • Locked Amount: 500 CITY
  • Goals Scored by Manchester City: 3
  • Reward Rate: 1.50%

Reward Calculation:

500 × 3 × 1.50% = 22.5 CITY

The user earns 22.5 CITY as a reward.

FIFA World Cup Team Example

A user locks 500 XNP in the France Goals category.

  • Locked Amount: 500 XNP
  • Goals Scored by France: 3
  • Reward Rate: 1.50%

Reward Calculation:

500 × 3 × 1.50% = 22.5 XNP

The user earns 22.5 XNP as a reward.


Locking Rules

  • Tokens may only be locked before the match starts.
  • No new locking transactions can be made after the match has started.
  • Reward rates may vary depending on the match and selected goals category.
  • The reward rate displayed at the time of locking remains fixed for that specific lock.
  • Users may participate in multiple matches simultaneously.
  • Multiple locking transactions for the same goals category are permitted.
  • Minimum and maximum locking limits may apply.
  • Applicable limits will be displayed during the locking process.

Reward Distribution

  1. Locked tokens are released 5 days after the locking time.
  2. Rewards are credited to the user’s account within a minimum of 1 and a maximum of 7 business days after the match has been completed.
  3. Earned rewards are credited to the user's account in the relevant token.
  4. Reward tokens are immediately available for use and are not locked.

Invalid Scenarios

Rewards will not be distributed in the following situations:

  • Match cancellation
  • Match postponement
  • Abandoned or incomplete matches
  • Matches without an officially confirmed result

In such cases, locked tokens will be returned to the user's account.


Participation Terms

  • Only verified and active Bitexen Global users may participate.
  • Users must complete all required account verification procedures.
  • Bitexen Global reserves the right to modify the program rules whenever necessary.
  • Bitexen Global may temporarily suspend the program due to maintenance, system upgrades, or operational requirements.
  • Rewards earned through this program cannot be combined with other campaigns unless otherwise stated.
  • Rewards are non-transferable and may not be sold, assigned, or transferred to another account.

 

General Event Terms

Bitexen Global applies the following general rules to all its events:

  1. Participants must be registered on global.bitexen.com and have completed all Know Your Customer (KYC) procedures.
  2. Participants are responsible for the accuracy and completeness of the information provided during registration. Bitexen Global is not liable for any inaccuracies.
  1. Participants must be at least 18 years old. Accounts found to be operated by individuals under 18 or by unauthorized users will be disqualified.
  2. Entries submitted before the competition's start time or after its end time will not be considered.
  3. Bitexen Global is not responsible for technical issues that may arise during the event.
  4. This event cannot be combined with other promotions or campaigns.
  5. By participating, users agree to these general rules. All event monitoring and evaluations are conducted by Bitexen Global.
  6. Participants attempting to manipulate the event results through fraudulent means, including but not limited to system interference or violating Anti-Money Laundering (AML) policies, may be disqualified and subject to legal action.
  7. Self-trading (matching one's own buy and sell orders) does not count towards the competition's trading volume.
  8. Bitexen Global may announce winners on its social media platforms. By participating, users consent to this disclosure.
  9. Risk Warning: Cryptocurrency markets are volatile. Participants should assess risks independently. This announcement does not constitute investment advice.
  10. Participants are responsible for any tax obligations arising from their winnings.
  11. By entering the competition, participants agree to receive related emails.
  12. Bitexen Global is not liable for damages caused by force majeure events.
  13. Bitexen Global reserves the right to modify or terminate the competition at any time. Participants are responsible for staying informed about any changes.
  14. In case of disputes, the courts and enforcement offices in jurisdictions through which Bitexen Global entity your account has been created as seen in your User Agreement will be in force.
  15. Bitexen Global records are decisive in resolving any disputes arising from the competition.
  16. Participation implies acceptance of all the above terms.
  17. For inquiries or feedback, please contact: globalsupport@bitexenglobal.com.

Bitexen Global reserves the right to amend these terms or terminate the event at its discretion.




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