The following rules (the “Rules”) apply to the use of a promotion code provided by Luno Pte Ltd (“Luno”) in connection with the Spark magazine promotion (the “Promotion”). Without limiting the applicability of Luno’s Terms of Use and Privacy Policy to customers who sign up, you agree to be bound by these rules when participating in the Promotion. You agree to accept any decision made by Luno in terms of these Rules as final and binding.

  1. Promotion details: New customers signing up to Luno, who meet the eligibility criteria below, may redeem the code specified in the Promotion (the “Code”) in exchange for the amount of Bitcoin specified in the Promotion (the “Reward”).

  2. Eligibility criteria and exclusions: Participation in the Promotion is limited to new luno customers who are Nigerian residents and are 18 years or older. Customers who have made prior transactions using Luno, whether from the same account or a different account, are therefore not eligible to participate in the Promotion unless stated otherwise.

  3. Redemption conditions: When signing up, the new customer must sign up and verify his/her identity to at least a Level 1 or higher account and must otherwise be compliant with Luno’s Terms of Use. The new customer must deposit local currency and use Luno’s Instant Buy or Sell feature to perform his/her first transaction. The transaction must meet the minimum transaction values specified in the Promotion and the new customer must otherwise meet any conditions specified in the Promotion.

  4. Redemption limitations: New customers may only redeem one Promotion Code only. A Promotion Code cannot be transferred, sold or ceded to someone else and it cannot be exchanged for cash or Bitcoin other than in terms of these Rules.

  5. Promotion period: The Promotion will commence on 1 November 2019 and end on 31 November 2019 11:59pm.

  6. Subject to change: Luno reserves the right to hold, void, cancel, suspend, adjust or amend the Promotion at any time.

  7. Payment of the Reward: On successful redemption of the Promotion Code, the Reward specified in the Promotion will be paid into the customer’s Luno wallet.

Governing law: These Rules shall be governed by and interpreted in accordance with Singapore law and any disputes arising from the Promotion shall be subject to the exclusive jurisdiction of the courts of Singapore.