THE BlockChain Live Hub Rewards Terms &
Conditions.
Last updated: December 12, 2022
The BlockChain Live Hub Rewards Program, previously known as the “Gatsby
Rewards Program”
(“THE BlockChain Live Hub Rewards”), is a loyalty program offered by Rocket
Option USA Securities
Inc. (“BlockChain Live Hub”) to users of its BlockChain Live Hub product
offering (“BlockChain Live Hub
”). The program is designed to credit points to Rocket
Option users in connection with
trading, referring friends, registering an account and other
defined account activity. You will
not be eligible to participate in the BlockChain Live Hub Rewards
Program if you do not have an
approved BlockChain Live Hub trading account and/or meet each of the
criteria set forth herein. By
participating in BlockChain Live Hub Rewards, you hereby agree to be
bound by these Terms and
Conditions (“Terms and Conditions”) and BlockChain Live Hub Customer
Agreement and Privacy
Policy.
BlockChain Live Hub reserves the right to cancel or reverse rewards
and change or update these
Terms and Conditions at any time, at its discretion, with or
without notice to you. Your
continued participation in BlockChain Live Hub Rewards after any such
change or update
constitutes your acceptance of such revised Terms and
Conditions. If you do not agree with
any such change or update, your sole and exclusive remedy is to
discontinue participation in
BlockChain Live Hub Rewards.
Overview:
-
How it works: Users are eligible to earn points by completing
qualified options
trades, qualified friend referrals, and for qualified account
openings.
-
What your rewards are worth: 1 reward point is redeemable for
a cash credit of
$.01.
-
Redeeming rewards for cash credit: At the beginning of each
month, we will
redeem the points earned by the user during the previous month
for a cash credit
in the user's BlockChain Live Hub account.
-
How points can be used: Users can use the cash credit to trade
BlockChain Live Hub
Options, hold a cash credit balance, or withdraw an equivalent
value of cash to a
linked bank account.
Trading Rewards:
-
Participants are eligible to receive rewards in connection
with qualifying Rocket
Optiontrades
-
How are rewards per trade calculated? Up to five points will
be credited for each
contract traded. For example, if you trade 10 contracts in one
trade, you will receive
up to 50 points. You will not receive points in connection
with certain
options trades, including very-low-priced contracts. Rocket
Option may adjust the
rewards in its sole discretion
-
When are rewards credited? After a qualified trade is
completed, points will typically
be credited within five business days following BlockChain Live Hub
determining all
qualifications to receive the reward have been met. It is at
the sole discretion of
BlockChain Live Hub to make this determination, and THE BlockChain Live Hub
reserves the right to
cancel rewards at its discretion.
-
Trading rewards should not be construed as a recommendation or
solicitation
to trade any more or less in any security
Account Opening Rewards:
-
Participants are eligible to receive rewards in connection with any Qualified
Account Opening. A “Qualified Account Opening” occurs when a unique user opens
an BlockChain Live Hub account for the first time and the account is subsequently
approved and funded with the minimum initial deposit (currently $5, however,
BlockChain Live Hub may change this amount, in BlockChain Live Hub sole discretion, with or
without notice). Customers must maintain a positive account balance for at least
30 days to qualify for the reward. Customers currently receive 500 points for a
Qualified
Account Opening, but BlockChain Live Hub may. in BlockChain Live Hub sole discretion, change this
amount.
-
When are points credited? A new account that has met the above criteria can
expect the points to be credited within five business days following BlockChain Live Hub
determining all qualifications to receive the points have been met. It is at the sole
discretion of BlockChain Live Hub to make this determination, and BlockChain Live Hub
reserves the right, in BlockChain Live Hub sole discretion, to cancel bonus rewards
-
BlockChain Live Hub reserves the right, in BlockChain Live Hub sole discretion, to not credit
any reward in the event of perceived fraudulent activity, a reversed deposit, or for
any reason. The program is solely a means of rewarding loyal customers who
intend to use the BlockChain Live Hub product offered by BlockChain Live Hub
Referral Rewards:
-
Definitions
-
“Qualified Referral”: A Qualified Referral is a referral that can be verified as being
tied to the Referrer (defined below) via their unique referral link, and results in
the Referee creating an approved and funded BlockChain Live Hub account. The
Referee also needs to maintain a positive account balance for at least 30 days
to potentially be eligible for the bonus. Sign-ups alone do not result in a referral
bonus.BlockChain Live Hub will determine, in BlockChain Live Hub sole discretion,
whether each referral meets the definition of a “Qualified Referral.”
-
“Referee”: The Referee is the customer referred by the Referrer. The Referee
must open an approved and funded brokerage account and must have a
positive account balance for at least 30 days for the Referrer be eligible to
qualify for the rewards. The Referee does not receive any rewards for being a
part of a Qualified Referral
-
“Referrer”: The Referrer is the party who shares their unique referral link and
can potentially receive a bonus if a Qualified Referral results from the sharing
of that link.
-
Participants are eligible to receive rewards in connection with certain Qualified
Referrals.
-
How it works: BlockChain Live Hub users will receive points when they make Qualified
Referrals of unique users to the BlockChain Live Hub platform. For making Qualified
Referrals, a Referrer is eligible to receive 500 points. BlockChain Live Hub may change
this amount in BlockChain Live Hub sole discretion
-
BlockChain Live Hub customers receive a unique referral link. Only referrals made
through that unique link will be eligible to qualify for rewards.
-
When are the points credited? Points will be credited once BlockChain Live Hub
determines, in THE BlockChain Live Hub sole discretion, that a Qualified Referral has taken
place. The Referrer can expect the points to be credited within five business days
following BlockChain Live Hub determining all qualifications to receive the rewards have
been met. BlockChain Live Hub may, in BlockChain Live Hub sole discretion, cancel bonus
payouts
-
How much is the reward? The reward amount is currently 500 points for each
Qualified Referral. However,BlockChain Live Hub has the right, in BlockChain Live Hub sole
discretion, to change this amount or cancel or reverse rewards with or without
notice to participants
-
Unique Referees:BlockChain Live Hub Referrals rewards will only be considered for a
unique Referee, meaning, a Referrer cannot refer the same customers multiple
times and receive multiple bonuses. Similarly, a Referrer cannot open multiple
accounts and refer the same Referee. BlockChain Live Hub may, in BlockChain Live Hub sole
discretion, refuse a customer with multiple BlockChain Live Hub accounts entry into the
program.
General:
-
BlockChain Live Hub Rewards is solely a means of giving rewarding loyal customers.
BlockChain Live Hub Rewards should not be perceived as a recommendation or
inducement to trade more or less frequently. BlockChain Live Hub does not give any
investment advice, and BlockChain Live Hub Rewards should in no way be interpreted as
such. All investments involve risk and past performance of a security does not
guarantee future results or returns. While diversification may help spread risk, it
does not guarantee a profit or protect you against loss in a down market. There is
always a potential to lose money when investing in securities, and investors need
to fully consider their investment objectives prior to investing. Any investment
decision and/or strategy that you make or utilize, whether or not such decision or
strategy derives from or relies upon material accessed or provided through this
website, is done at your sole discretion and your own risk.
-
BlockChain Live Hub reserves the right to change or cancel THE BlockChain Live Hub Rewards at
any point in time, without notice. BlockChain Live Hub may, in BlockChain Live Hub sole
discretion, withhold or refuse rewards. BlockChain Live Hub reserves the right, in Rocket
Option’s sole discretion, to cancel or reverse rewards.
-
Before participating in BlockChain Live Hub Rewards, please consult additional sources
of information and/or your legal or tax advisor. BlockChain Live Hub does not offer tax
advice and bears no responsibility for tax consequences of receiving a BlockChain Live Hub Reward. Customer is responsible for any tax consequences of any rewards
received
-
You may not maintain multiple BlockChain Live Hub Rewards accounts. If a customer has
multiple brokerage accounts, the accounts will be treated as if combined to
determine the maximum BlockChain Live Hub Rewards. BlockChain Live Hub may, in Rocket
Option’s sole discretion, refuse a customer with multiple BlockChain Live Hub accounts
entry into the program
-
These rewards are not transferable, saleable, or valid in conjunction with other
offers unless otherwise allowed by BlockChain Live Hub
-
BlockChain Live Hub Rewards is only available to U.S. citizens and permanent residents
who have been approved to trade BlockChain Live Hub and have an open brokerage
account through BlockChain Live Hub USA Securities Inc. Employees, contractors, or
persons similarly associated with BlockChain Live Hub or a BlockChain Live Hub affiliate;
members of their household; and employees of any securities regulatory
organization or exchange are not eligible
-
Securities (including options) are offered through BlockChain Live Hub USA Securities
Inc., a member of FINRA and SIPC
-
BlockChain Live Hub has the sole right to interpret and apply these Terms and Conditions.
-
BlockChain Live Hub Rewards is provided “AS IS” and without warranties of any kind,
either express or implied
-
In any case of contradiction between these Terms and Conditions and any
publication circulated via an email, push notification, banner, newsletter, button or
other similar method sent to you by BlockChain Live Hub or by any such other publication
means elected by BlockChain Live Hub in connection with the THE BlockChain Live Hub Rewards
(“Promotion Publication”), these Terms and Conditions shall prevail unless
specifically stated otherwise within such Promotion Publication