Social Media Giveaway Terms and Conditions

Published on May 16, 2025

OKX'S SOCIAL MEDIA GIVEAWAYS ARE NOT AVAILABLE TO YOU, AND YOU MAY NOT PARTICIPATE IN OKX’S SOCIAL MEDIA GIVEAWAYS, IF YOU ARE LOCATED IN ANY OF THE RESTRICTED JURISDICTIONS LISTED IN SECTION 1.2.

These Social Media Giveaway Terms and Conditions (the “Terms”) are entered into between you (“User” or “you”) and OKX SG Pte. Ltd (“OKX,” “we,” “us,” or “our”). if you are a Singaporean user. These Terms govern your access to and participation in our social media giveaways (the “Giveaways”) (collectively, the “Agreement”).

No purchase is necessary. Transactions, purchases, or payments of any kind will not increase your chances of winning. Participation is limited to legal residents in non-prohibited jurisdictions.

By accessing the Giveaways, you confirm that you have read, understood, and accepted the Agreement, and you shall be legally bound by any and all of these Terms regardless of your location or nationality. If you do not agree to be bound by the Agreement, do not access or participate in the Giveaways.

1. Eligibility

1.1 Entrant Eligibility. The Giveaways are only open to legal residents of Singapore through which OKX SG may offer its Services who are at least 18 years of age or older, and the legal age of majority in their respective jurisdiction of residence. All entrants and participants must comply with this Agreement and all applicable service terms, user terms, announcements and other operational rules (“User Agreements”) as amended and restated by OKX from time to time and meet these eligibility conditions. Determination of compliance shall be at the sole discretion of OKX.

1.2. Restricted Jurisdictions. The Giveaways are not available to residents from or located in the following jurisdictions: please refer to clause 3 of OKX's risk and compliance disclosure (collectively, "Restricted Jurisdictions"). By accessing the Giveaways, you represent and warrant that you are not a resident of and are not located in any Restricted Jurisdiction at the time of accessing the Giveaways. You acknowledge that the Giveaways are subject to certain geographic restrictions and may not be available in your area, and that all related assets will be offered only in the regions determined by OKX in our sole discretion.

1.3 Additional Eligibility Criteria and Change of Rules. Please note that additional rules and eligibility criteria may be announced through other channels, such as OKX's X account or social media. OKX reserves the right to change the terms of the Giveaways at any time at its discretion. Furthermore, OKX reserves the right to disqualify any entrants or who show signs of fraudulent behaviour at OKX's sole discretion.

1.4 Legal and Regulatory Restrictions. The Giveaways are subject to all applicable laws and regulations and are void where prohibited or restricted by law.

2. How to Enter

2.1 Prize. Prizes consist of only the items specifically listed and described as part of the Prize. Entry to the Giveaways is free. The Giveaways will run on X via OKX social channel (@OKXSG) or Instagram via OKX social channel (@okx_singapore). Without limiting the foregoing, in order to be eligible to win the Prize for each Giveaway eligible entrants must complete the procedures set forth in this Agreement and other user agreements, including but not limited to the following:

Twitter (X) entry:

  • Follow the relevant OKX account with entrant’s personal X account

  • Complete the tasks or skill-related requests required in the relevant post from OKX's social channel(s)

Instagram (IG) entry:

  • Follow the relevant OKX account with entrant’s personal IG account

  • Complete the tasks or skill-related requests required in the relevant post from OKX's social channel(s)

2.2 Limitations on Entry. Certain giveaways may permit multiple entries, in which case the applicable entry conditions will be clearly stated in the relevant promotional materials or giveaway post. Unless stated otherwise, there is a limit of one (1) entry per person per household throughout the Giveaway Period (as defined below). Any entry(-ies) received from any person in another account, or who attempts to create an additional account, during the Giveaway Period will be disqualified. Any entrant’s attempt to obtain more than the stated number of entries by using multiple and/or different email addresses or any other method will void all of that entrant’s entries, and that entrant may be disqualified. Use of any automated system to participate is prohibited and will also result in disqualification. If a dispute over the identity of a potential winner arises, the entry will be declared to be made by the authorized account holder of the email address associated with the entrant’s OKX SG account (“Entrant’s Email Address”). A potential winner may be required to provide sufficient identification to show that they are the authorized account holder of the email account. For purposes of this section, the “authorized account holder” is the natural person assigned to the applicable email account. Proof of submission of an entry does not constitute proof of delivery.

3. Prize

The total number of prizes and corresponding winners will be clearly indicated in the relevant social media post published by OKX SG (the “Giveaway Post”). Each winner will receive the prize(s) (“Prize”) as described in the Giveaway Post. Prizes are non-transferable and cannot be exchanged for cash or any other alternatives. No substitutions will be made, except at the sole discretion of OKX SG. Each Prize consists solely of the item(s) explicitly stated in the Giveaway Post. Under no circumstances will more prizes be awarded than the number stated in the Giveaway Post.

For giveaways offering cash prizes, the prize will be awarded in USDC or other cryptocurrency as determined by OKX SG. The USDC or cryptocurrency amount may vary across different giveaway campaigns and will be specified in the respective Giveaway Post. The USDC conversion rate is based on May 15, 2025: 1 SGD ≈ 0.77027 USDC.

4. Giveaway Period

The Giveaway will run for the time specified in the Giveaway Post (the "Giveaway Period").

5. Winner Selection

5.1 Winner Selection. The winner for the Giveaway Period will be selected from all eligible entries received within the Giveaway Period. The odds of winning depend on the total number of eligible entries received.

5.2 OKX's Confirmation is Final and Binding. OKX will select winner(s) within thirty days from the end of the Giveaway Period. The selection of winners shall be final and binding.

6. Winner Notification and Claiming Prizes

6.1 Potential Winner Notification. The winner is responsible for ensuring they are able to accept the prize as set out and in accordance with this Agreement. Potential winners will be notified via their social media account by an OKX representative with instructions on how to claim their prize. In order to remain eligible to claim their prize, potential winners must respond to this message within 24 hours.

6.2 Potential Winner Requirements. If a potential winner cannot be contacted, fails to respond to the email within the allotted time of 24 hours, or refuses the prize, or if a prize and/or prize notification is returned as undeliverable, the potential winner will be disqualified without further notice, and an alternate winner may be selected.

6.3 Prize Fulfilment. Distribution of the prize will be fulfilled within thirty days from verification of the winner. OKX is not liable for undelivered emails resulting from any form of active or passive email filtering by an entrant’s email or insufficient space in an entrant’s account for receiving emails. Instances including these will be considered prize forfeiture, and no compensation shall be given. OKX will have no further obligations to the entrant in such instances.

6.4 Stipulations Transfer or Substitution. Prizes are not transferrable, and no substitutions will be made except as provided in these rules and at OKX’s sole discretion. OKX reserves the right to substitute a prize for one of equal or greater value if the designated prize becomes unavailable for any reason. Prizes consist of only the items specifically listed and described as part of the prize. In no event will more than the stated number of prizes be awarded.

6.5 Undeliverable Prizes. Prize details not specifically stated in these rules will be determined at OKX’s sole discretion. OKX is not responsible for and will not replace any prize that is undeliverable or any lost, damaged, or stolen prize(s) or components of a prize..

7. Tax and Shipping Concerns

OKX will ship the Prize only to jurisdictions serviced by DHL's shipping services. OKX retains the right to decline, in OKX's sole discretion, to ship Prizes to individuals located in jurisdictions where DHL does not ship or where shipping is otherwise impracticable. OKX will endeavor to cover the cost of customs.

8. Representations and Warranties

OKX does not make any representation and warranties regarding the Giveaway. All calculations for final Giveaway prizes are verified by OKX and the corresponding calculation methods have been stated in these rules, but OKX makes no warranties that its calculations will be free from errors or interference.

9. Disclaimers and Limitations of Liability

9.1 Limitations of Liability. To the maximum extent permitted by law, any liability not expressly provided herein shall be disclaimed by OKX. Except as otherwise required by law, in no event shall OKX, its directors, members, officers, employees, or agents be liable for any special, indirect or consequential damages, or any other damages of any kind whether in an action in contract, tort (including but not limited to negligence), or otherwise arising out of or in any way connected with the promotion, including, without limitation, any damages caused by or resulting from reliance by any entrant on any information obtained from OKX, or that result from mistakes, omissions, interruptions, delays in operation or transmission, or any failure in performance, whether or not resulting from a force majeure event, communications, OKX, its directors, members, officers, employees, or agents shall be limited in their liability, whether individually or on a collective basis, to ten US dollars ($10 USD).

9.2 No Liability. No third party company is a promoter of this giveaway or accepts any liability in relation to the prize draw.

10. Governing Law and Dispute Resolution

10.1 Governing Law. Entrants agree that in order to participate in the Giveaways, any and all claims, disputes, and causes of action of any kind or nature arising out of or relating to the Giveaways, directly or indirectly, shall be governed by and construed in accordance with the laws of Singapore without regard to any principles of conflicts of law.

10.2 Arbitration. Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination shall, as far as possible, be settled amicably by the parties. If any such dispute is not settled amicably within fourteen (14) days from the date a party informs the other party in writing that such dispute has arisen, the dispute shall be referred to and finally resolved by arbitration in Singapore in accordance with the Arbitration Rules of the Singapore International Arbitration Centre (the “SIAC”) for the time being in force which rules are deemed to be incorporated by reference into this clause. The law of this arbitration clause shall be Singapore law. The tribunal shall consist of one arbitrator to be appointed by the President of the SIAC. The language of arbitration shall be English. The Parties hereby agree that the award of the arbitration tribunal is final and conclusive and binding on the Parties.

10.3 Limited Discovery. Entrants agree that OKX shall not be required to give general discovery of documents, but may be required to only produce, specific, identified documents which are relevant and material to the outcome of the Dispute.

10.4 Final and Binding Nature. Any arbitral award shall be final and binding upon the parties and shall be enforceable in any competent court which has jurisdiction.

10.5 No Class Action or Litigation. Entrants agree to resolve any and all disputes with OKX on an individual basis through arbitration instead of as part of any class action or representative litigation.

11. OKX's Privacy Notice

Any and all information provided by entrants are subject to OKX’s Privacy Notice and/or the applicable privacy documentation of OKX in your country. By participating in the Giveaway, you grant OKX permission to share any personally identifiable information for the purpose of administration and prize fulfillment.

12. Social Network Disclaimer

12.1 Social Media Account. Please note that an X and/or Instagram account may be required to enter.

12.2 Stipulations Relation to Social Media Platform. The Giveaways are not sponsored, endorsed, associated with, or administered by X or Instagram.

12.3 Required Information. All entrants understand and agree that they provide their information to OKX and not to X or Instagram.

13. Miscellaneous

13.1 Full and Entire Understanding. All relevant terms and conditions, user agreements, policies, rules, and announcements (as modified, supplemented, and restated from time to time) that are published on OKX's website constitute the full and entire understanding and agreement between you and OKX regarding this Giveaway.

13.2 New Notices, Announcements, and Updates. OKX may post further announcements with more details on the Giveaways from time to time at its sole discretion as it deems appropriate. Please closely read and review these notices, announcements, and updates relating to or about the Giveaways in order to be eligible to win prizes offered in the Giveaways. Your continued participation in the Giveaways(s) after having been notified of these changes constitutes your acceptance of relevant announcements.

13.3 Right to Change or Modify. OKX reserves the right to exclude any participants from the Giveaways without notice and to cancel this Giveaway without notice, in its sole discretion.

13.4 Final Decision and Interpretation. OKX reserves the right to interpret the Terms of the Giveaways as it sees fit, and reserves the right to change or modify these Terms at any time in its sole discretion.

13.5 Disclaimer. This activity does not constitute and shall not be considered to be (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy or sell digital assets; or (iii) financial, accounting, legal or tax advice. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/ tax/ investment professional for questions about your specific circumstances. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. Historical returns are not indicative of future returns and past performance is not indicative of future results. OKX is not responsible for any potential losses. Please consult your legal/ tax/ investment professional for questions about your specific circumstances. For more details, please refer to the OKX Terms of Use and Risk & Compliance Disclosure.

13.6. No Responsibility for Typographical Errors. OKX is not responsible for technical, pictorial, typographical, or editorial errors or omissions. For more information, go to www.okx.com © OKX. All rights reserved.

14. Reward distribution

  • The program is tailored for users under OKX Singapore (OKX SG Pte. Ltd. or OKX SG). Both referrers and referees have to be under OKX SG to be eligible.

  • Rewards will be automatically credited to the referrer's account once the referee completes their identity verification.

  • Sub-accounts are not eligible to participate in this program, receive rewards or be invited as referees.

  • Please note that rewards value may fluctuate and may not be equal when withdrawn due to market changes. The price of digital assets, including stablecoins, are subject to fluctuation. Due to such price fluctuations, your assets value may increase or decrease at any moment.

  • We reserve the right to review and control situations involving fraudulent behavior, including but not limited to fake registrations or identify verification.

  • Rewards and their requirements are subject to change based on ongoing experiments and the maximum reward amounts do not guarantee eligibility or entitlement to rewards.

  • We will closely track the behavior of participants to avoid any form of cheating or abnormal behavior, including but not limited to: registering multiple accounts, using other people's accounts, using other people's information to register accounts, false identity verification information, maliciously increasing trading data, engaging in laundering trades or wash trades, violating the terms and conditions of the campaign, violating local regulatory rules for transaction and any other campaigns related to illegal, fraudulent or harmful purposes. If any of the above acts are deemed to be discovered by OKX SG, OKX SG reserves the right to disqualify the participant from the reward.

  • We may delay the distribution of Rewards due to system issues or other special circumstances. If you haven't received the Rewards within 48 hours after you complete the task, please contact customer service at support@okx.com, and we'll actively follow up on the situation.

  • We have the right to suspend, freeze, and/or seal user accounts and assets within the accounts according to applicable laws or our terms of service.

  • We reserve the right to terminate the program at any time and to interpret or modify the terms and conditions of this program at any time without prior notice.

  • For more detailed information, please refer to OKX Terms of Service.