Terms and Conditions

Risk Warning: Trading crypto assets carries risk. Crypto asset prices are highly volatile. You should ensure you understand the risks before trading.

1. Definitions and Interpretation

In these Terms and Conditions, unless the context requires otherwise:

a) “Campaign” means the “$10 Activation Email” marketing campaign described in these Terms and Conditions.
b) “Campaign Email” means the email we send to a Client notifying them of this Campaign, referred to in clause 4(d).
c) “Campaign Period” means the period commencing on the date on which we send the campaign email referred to in clause 4(d) to a Client and ending at 11:59pm AEST on 15 August 2026, as may be varied under clause 8.
d) “Client” means a person who holds a Pepperstone Crypto Account.
e) “Client Agreement” means the applicable terms and conditions and associated documents that govern the Client’s Pepperstone Crypto Account.
f) “Eligible Client” means a Client who satisfies the eligibility criteria in clause 4.
g) “Pepperstone”, “Pepperstone Crypto”, “Pcrypto”, “we”, “us” or “our” means Pepperstone Digital Pty Ltd (ACN 683 263 836) trading as Pepperstone Crypto.
h) “Pepperstone Crypto Account” means an account opened and maintained with us by a person for the purposes of trading or otherwise transacting in crypto assets.
i)  “Qualifying Trade” has the meaning given in clause 5.
j) “Reward” has the meaning given in clause 6 and is calculated and paid in accordance with Clause 7.

2. Offer

This Campaign is offered by Pepperstone Crypto.

3. Campaign Period

The Campaign runs during the Campaign Period referred to in clause 1, subject to any variation, suspension, withdrawal or cancellation under clause 8.

4. Eligibility

To be eligible to participate in the Campaign and receive the Reward, a Client must:

1. aged 18 years or over;
2. be a resident of Australia;
3. hold a Pepperstone Crypto Account that was created on or before 31 July 2026;
4. be a direct recipient of the Campaign Email (this Campaign is not open to anyone who is not a recipient of the Campaign Email);
5. have a verified email address registered to their Pepperstone Crypto Account;
6. not have placed any trade on their Pepperstone Crypto Account prior to the start of the Campaign Period;
7. place a Qualifying Trade (as defined in clause 5);
8. not have previously received a Reward under this Campaign (being limited to one Reward per Eligible Client); and
9. comply with these Terms and Conditions.

Employees and contractors of ours (or of any related body corporate), and the immediate family members of any such employee or contractor, are not eligible to participate in this Campaign. Agents, affiliates and other related entities of ours may also be excluded from participating in the Campaign at our discretion.

5. Qualifying Trade

A “Qualifying Trade” means a buy or sell order in a crypto asset that is:

1. successfully executed on the Client’s Pepperstone Crypto Account; and
2. for a minimum value of at least AUD $1 (calculated by reference to the value of the order at the time of execution).

The following trades do not constitute a Qualifying Trade: cancelled orders; rejected orders; pending or unfilled orders; or any transaction we determine, at our reasonable discretion, to be abusive, manipulative, fraudulent, or not genuine trading activity.

6. Reward

During the Campaign Period, an Eligible Client who satisfies clause 4 will receive the Reward, being an amount of Bitcoin (BTC) equal in value to AUD $10, credited to the Eligible Client’s Pepperstone Crypto Account. The Reward is calculated and paid in accordance with clause 7.

The Reward is referred to in the Campaign Email as “$10 in BTC”, and that term has the same meaning as the Reward in this clause 6.

For the avoidance of doubt:

1. no reimbursement, rebate, or other payment is made under this Campaign beyond the Reward described above; and
2. the Reward is a one-off payment, available once only per Eligible Client; standard fees and charges continue to apply to all trading activities.

7. Reward Calculation and Payment

1. The BTC amount comprising the Reward will be calculated based on Pepperstone Crypto’s BTC/AUD spot rate as at 11:59pm AEST on 16 August 2026, as determined by us (acting reasonably), and may be rounded up or down to 8 decimal places as we determine.
2. The same BTC amount, calculated under paragraph (a), will apply to all Eligible Clients, regardless of the BTC/AUD spot rate applicable at the time an individual Eligible Client actually receives the Reward.
3. Once calculated under paragraph (a), the BTC quantity comprising the Reward is fixed. The AUD value of the Reward at the time an Eligible Client receives it may be higher or lower than AUD $10, depending on movements in the BTC/AUD exchange rate.
4. The Reward will be credited to the Eligible Client’s Pepperstone Crypto Account BTC balance within 15 calendar days after 15 August 2026.
5. There is no cap on the number of Eligible Clients who may receive the Reward under this Campaign.
6. This Campaign does not use a campaign code or campaign link. Eligibility depends solely on being a recipient of the Campaign Email, as set out in clause 4(d).

8. Limits and Restrictions

We reserve the right to:

1. Verify eligibility for participation in the Campaign, including by requesting additional information or documentation and, where required, by withholding or delaying the Reward pending that verification;
2. Disqualify any participant who breaches these Terms and Conditions or engages in conduct we reasonably consider abusive, fraudulent, manipulative, misleading, or inconsistent with the intended operation of the Campaign;
3. Withhold or reverse the Reward, including by recovering any amount already provided, where required by law, regulation, internal policy, or operational risk considerations; 
4. Amend, suspend, withdraw, or cancel the Campaign at any time where reasonably necessary, including to comply with applicable laws or regulatory obligations, or to correct any pricing, technical, operational, or system error relating to the Campaign; and 
5. Correct any obvious error in published Campaign materials, including pricing, fee calculations or eligibility criteria, provided that doing so is reasonable and consistent with applicable law.

9. General

1. Participation in the Campaign constitutes acceptance of these Terms and Conditions.
2. These Terms and Conditions supplement the Client Agreement. If there is any inconsistency, the Client Agreement prevails except to the extent these Terms and Conditions expressly state otherwise.
3. This Campaign cannot be combined with any other offer, rebate, discount, or campaign unless we state otherwise in writing.
4. Our records and calculations relating to the Campaign are final and binding, acting reasonably.
5. Nothing in these Terms and Conditions limits any rights that cannot lawfully be excluded under applicable law.
6. We will not be liable for any trading losses you incur as a result of your trading activity in connection with this Campaign.
7. Receipt of the Reward may have tax consequences, including possible capital gains tax implications; you are responsible for determining and meeting any tax obligations arising from your receipt of the Reward.
8. You acknowledge that opening and operating a Pepperstone Crypto Account is subject to our anti-money laundering and counter-terrorism financing “Know Your Customer” checks under applicable law, and that your participation in this Campaign does not make you our agent or representative.
9. This Campaign relates to Bitcoin, a highly volatile digital asset, and nothing in these Terms and Conditions constitutes financial advice. We do not guarantee any value, return or outcome in connection with the Reward. Please refer to our Risk Disclosure Statement for more information.
10. This Campaign is not open to residents of any jurisdiction where participation would be contrary to local laws or regulations. You are responsible for complying with all applicable laws in your country of residence relevant to your participation in this Campaign and your operation of a Pepperstone Crypto Account.
11. We take our privacy obligations seriously. Please review Pepperstone Crypto’s Privacy Policy and Terms and Conditions for more information about how we handle your personal information.
12. The Reward cannot be assigned to another Client, person or account, or exchanged for any other goods, services, or cash.

10. Governing Law and Jurisdiction

These Terms and Conditions are governed by the laws of the State of Victoria, Australia, and each Client submits to the non-exclusive jurisdiction of the courts of that State.