Coinfloor ‘Vires In Numeris’ Autobuy Affiliate Programme Agreement
This Agreement was last updated on 1/05/2020.

About us
Coinfloor Limited (Coinfloor/us/we/our) is a bitcoin exchange and cryptocurrency-services platform. We’re a registered company in England and Wales. Our company number is 08493818 and our registered address is 1 Quality Court, London, WC2A 1HR.

Our agreement with you
This Affiliate Programme Agreement (Agreement) is a legal agreement between the account holder (you) and Coinfloor and you agree to them by participating in the Coinfloor Affiliate Programme (Programme).

About our Programme
Our Programme gives Coinfloor customers the opportunity to earn commission for referring customers to our Autobuy service. We pay for referrals if the customer is new to Autobuy or if they are an existing Autobuy customer who has never been referred before.

Who can participate
In order to participate in the Programme, you must be a Coinfloor customer. If you are not yet a Coinfloor Customer, you can apply for an account here.
The latest version of this Agreement will always apply to your participation in the Programme. It’s your responsibility to ensure that you are familiar with the terms of this document.

By participating in the Programme, you agree to comply with all applicable laws.

If you are a business, you will ensure that your employees, contractors and agents comply with this Agreement and you will hold sole responsibility for their conduct in participating with the Programme.

Qualifying Referrals
After agreeing to these terms and conditions you will be provided with a unique referral link.
Your referral will be qualifying if the individual who clicks on your unique link is:

  1. An individual or company who has never signed up to our Autobuy service and subsequently registers for Autobuy; or
  2. An existing Autobuy customer who has not previously used a referral link and subsequently continues to use Autobuy.

The date on which the individual clicks on your unique referral link is the Referral Date.

Commission
For all qualifying referrals, you will receive:

  1. 51% of all trading fees collected on the referred customer’s Autobuy transactions for the purchase of bitcoin for the first 3 month period following the Referral Date; and
  2. 21% of all trading fees collected on the referred customer’s Autobuy transactions for the purchase of bitcoin for the subsequent 36 month period following the first 3 month period after the Referral Date.

This table shows an example of what this could mean:

Your referral’s weekly Autobuy amount Your potential referral commission
Total earnings per Autobuy referral

(Assumes referral makes regular weekly Autobuys for 39 months or longer)

£20 £17
£50 £39
£100 £79

However, if you do not comply with any of the terms and conditions of this Agreement, you will not be eligible to receive any commission.

All commission payable to you will be credited to your Coinfloor account balance and is subject to the minimum withdrawal amounts and fees set out in our Fees Schedule.

Our relationship with you
This Agreement creates the relationship of service recipient and independent contractor, not that of employer and employee, between Coinfloor and you. You do not have any authority to bind Coinfloor and you must not represent yourself as an employee, agent or authorised representative of Coinfloor.

You agree that, whether by implication or by law, where you may be deemed an agent or representative of Coinfloor you will indemnify and hold harmless Coinfloor and our shareholders, directors, officers, employees and agents.

You will be solely responsible for paying all applicable taxes resulting from commission earnt under this Agreement.

Requirements

You must comply with all applicable laws and regulations at all times.

No financial advice
You must not make any representations or provide advice in the course of your participation in the Programme regarding investments, investment outcomes, the likelihood of returns, or the suitability of investments.

For the avoidance of doubt, trading bitcoin carries significant risks and there is no guarantee of financial returns or profit.

Use of our trademarks (and other marks)
Without our prior permission, you may not use the Coinfloor or CFUK logos, the words ‘Coinfloor’, ‘CFUK’, ‘Coin Floor’ or any other Coinfloor branding elements in any social media handle, account name, profile picture, business name, website name, domain name, or in any other representation of yourself or your business.

You will not use, distribute or modify any Coinfloor trademarks or trade dress, including, but not limited to, our logo and graphics.

Confidentiality
You agree to protect the confidentiality of any nonpublic information of a confidential or proprietary nature that you obtain in connection with this Agreement.

No publicity
You may not issue a press release or otherwise refer to Coinfloor in any manner in connection with the Programme without the prior written consent of Coinfloor.

Prohibited jurisdictions
You may not send links or other promotional messages relating to Coinfloor to:

  1. any resident of the United States, Canada, Singapore, Japan, Australia, New Zealand or any particular country or jurisdiction where such distribution would be contrary to local law or regulation; and/or
  2. any country or jurisdiction which is subject to sanction or embargo by countries and organisations including, but not limited to, the United Kingdom, the European Union and the United Nations.

If at any stage you become a resident of a jurisdiction which prohibits your participation in the Programme, you will be ineligible to participate and this Agreement will be immediately terminated.

Prohibited activities
You must not engage in the following activities or share your unique referral link using any of the following means:

  1. automated or predictive dialers to phone or text
  2. unsolicited emails (spam)
  3. pop-ups on third party websites
  4. ads on any sites and/or apps that contain or reference pornography, weapons, graphic violence, drugs, or content that is offensive, profane, hateful, threatening, harmful, defamatory, libellous, harassing, or discriminatory
    ads on any websites and/or apps which we inform you we have blacklisted
  5. malware
  6. fraudulent ads or ad-related activities
  7. purchasing contact information

Your website must not in any way copy, resemble, or mirror the look and feel of Coinfloor’s website. You may not use any means to create the impression that your website is our website.

Any violation of the above will constitute a material breach of the Agreement and will result in the immediate termination of the Agreement.

Promotion Methods Requiring Approval
Where they do not conflict with the prohibited activities listed above, the following methods may be allowed, however only with the prior written consent of Coinfloor:

  1. incentives (e.g. prizes or payment)
  2. newsletters
  3. content (e.g. blogs)
  4. programmatic ad buying
  5. any paid search engine activity

Privacy
You must respect the privacy of consumers and be transparent about your data collection and use practices.

You may not collect personal information about individuals unless you have provided notice and obtained their consent in accordance with applicable laws.

Under no circumstances may you engage in any form of automated data collection to collect personal information about individuals.

You may not contact people with promotional materials unless they have given sufficient consent to be contacted through that medium according to the relevant laws.

You must comply with all applicable laws, rules, regulations and industry best practices concerning the collection and use of data. This includes, but is not limited to the General Data Protection Regulation (GDPR) and Data Protection Act 2018.

You must notify us immediately of any breach of this section.

Records
From time to time we may request records of your Programme activity. Within five business days of our request, you must provide a list of all websites, apps and networks on or through which you send or promote your unique Coinfloor referral link or other promotional messages relating to Coinfloor.

You must maintain accurate and complete records in order to provide this information to Coinnfloor and prove your compliance with this Agreement.

Social Media
Providing you follow the terms and conditions set out in this Agreement, promotion on Facebook, Twitter and other social media platforms is permitted. However, you may not post your affiliate links via any paid social media channels (e.g. Twitter ads) without the prior written consent of Coinfloor.

Term
This Agreement will continue until terminated by you or us, as set out below.

You acknowledge that the term of this Agreement does not reflect an uninterrupted service arrangement, as this Agreement guarantees you the right to choose when and if at all to participate in the Programme.

Termination
Either party may terminate this entire Agreement without cause effective immediately with written notice of termination to the other party.

Coinfloor may in its sole discretion terminate all or any part of this Agreement immediately for any breach of the terms.

Upon termination, your rights set out in this Agreement are immediately terminated and you must stop conducting any of the activities associated with the Programme.

All obligations set out in Use of trademarks, Confidentiality, No publicity, Assignability, Our liability, Severability, Third party claims and Disputes will continue after the expiration or termination of this Agreement.

Assignability
You are not permitted to assign, transfer, charge, sub-contract or deal in any other manner with any of your rights under this Agreement without our prior express written consent.

Our liability
The Programme is provided ‘as is’ and without any warranty or condition, whether express, implied or statutory.

We assume no liability for any errors, delays, interruptions on the exchange or any losses or damages that result from your use of our services. All terms, representations, warranties and undertakings which might otherwise be implied by law or otherwise shall be excluded.

To the maximum extent permitted by law, Coinfloor and our shareholders, directors, officers, employees and agents shall not be liable for loss of use or any special, incidental, indirect or consequential damages resulting from, or in connection with, the Programme, whether or not advised of the possibility of damage.

Nothing in these Terms and Conditions shall exclude or limit either party’s liability for death or personal injury arising through negligence or for fraud or anything else which may not be excluded or limited by applicable law.

Severability
If any court or competent authority decides that any term of these terms and conditions are invalid, unlawful or unenforceable, that term will, to that extent only, be severed from the remaining terms, which will continue to be valid to the fullest extent permitted by law.

Our failure to enforce any provision of this Agreement will not constitute a waiver of that or any other provision and will not relieve you from the obligation to comply with that provision.

Third party claims
This Agreement is between you and us. No other person shall have any rights under or connection with these Terms and Conditions under the Contracts (Rights of Third Parties) Act 1999.

You agree to indemnify and hold us, our employees, directors, representatives and our shareholders harmless from and against any claims made by third parties arising directly or indirectly, out of your breach of this Agreement and/or your violation of any law or the rights of any third party.

Disputes
English law applies to this Agreement and any disputes will be settled by English courts.

Making changes to this Agreement
This Agreement will always be available on our website.

Occasionally, we may make changes to this Agreement and we’ll inform you of any big changes that we make to them.
If you don’t agree to any of the changes we make, you must cease your activity relating to the Programme immediately and inform us in writing so that we can stop any further Programme-related activity on your account.