If you have a Shakepay account, you will have access to a unique code and/or URL which includes the unique code (the “Referral Code”) that allows you to refer a friend to Shakepay, and earn rewards (the “Referral Program”). All relevant sections of the Terms of Use shall apply, including but not limited to definitions, the warranty and the limitation of liability sections. Shakepay reserves the right at any time to modify, suspend or cancel the rewards, the use of Referral Codes or participation in the Referral Program or the ShakingSats Program for any or all Shakepay customers, at its sole discretion and without prior notice.

Advertising the Referral Code

You may share your Referral Code in any manner you deem appropriate, as long as you conform to this section. You may share the Referral Code through various sharing functions of your mobile device, your website, share it through email or other communication means, or embed it in graphical advertisements (“Ads”). Shakepay reserves the right, at its sole discretion, to demand the cessation of your use of any Ad, whether it violates a prohibition in this section or not. You shall be responsible for ensuring that your Ads do not violate or infringe upon any laws or the rights of any third party. We will not be responsible for any use of the Referral Code in your Ads. You may use the Shakepay name and logo only in the context of your use of the Referral Code or creation of Ads, and in conformity with all the obligations in this section and any other rules communicated to you.

When using the Referral Code or the Shakepay name and logo, you represent and warrant that you shall not:

1. violate any law, including Canadian or any other anti-spam legislations; and,

2. violate any third party right, including any intellectual property right; and,

3. promote, advocate or include violence, racial intolerance, gambling, illicit drugs, hacking or other nefarious technological activity, illegal activity or infringement on the legal rights of others; and,

4. misrepresent to the public anything related to Shakepay.

ShakingSats Rewards

Shakepay shall track the use of the Referral Code and attribute any new customer that signs up to Shakepay using your Referral Code (the “Referee”). In order for you and the Referee to have access to the ShakingSats program (the “ShakingSats Program”) and its rewards (the “ShakingSats Rewards”), the following must occur:

1. you must download the Shakepay mobile app and have your Shakepay identity verified by Shakepay; and,

2. you must refer a Referee; and,

3. the Referee must create a verified Shakepay account after your referral; and,

4. the ShakingSats page will indicate the ShakingSats Program is in effect; and,

5. you (and the Referee) can now open the Shakepay mobile app and “shake” your device (seriously, shake it!). A message will pop up in the Shakepay mobile app when you have successfully earned the ShakingSats Reward.

ShakingSats Rewards are given once per calendar day. On the first day, you will be on Day 1 in the ShakingSats Rewards Table below, and if you shake your device you will be rewarded with the Day 1 ShakingSats Reward. If you shake again on the next day, you will be rewarded with the Day 2 ShakingSats Reward. And so on until you reach Day 201. If you continue to shake after Day 201, you will earn the Day 201 ShakingSats Reward for each additional day you keep shaking. If you fail to shake your device on any day calendar day (Eastern Time), the next time you shake your device you will come back to Day 1 and the Day 1 ShakingSats Reward.

ShakingSats Rewards shall be deposited into your Shakepay Bitcoin wallet.

Referral Rewards

Additionally, a one-time reward (the “Referral Reward”) shall be credited into both your and the Referee’s account within 5 business days of the purchase by the Referee of digital currency worth $100 CAD or more, in one or multiple transactions. If the Referee signs up between December 1, 2020 EST and April 15, 2021 EST, the Referral Reward will be of $30 CAD, if the $100 CAD purchase by the Referee is done within a maximum of 30 days after signing up. If the Referee signs up on or after April 16, 2021 EST, or before December 1, 2020 EST, the Referral Reward will be of $10 CAD. If the Referee signs up between May 11, 2021 EST, and May 18, 2021 EST, the Referral Reward will be of $30 CAD, if the $100 CAD purchase by the Referee is done by or before May 18, 2021 EST. You may earn many Referral Rewards, one for every Referee that purchases in digital currency the equivalent of $100 CAD or more. In order for you and the Referee to have access to the Referral Reward, the Referee must indicate your Referral Code during their account creation process, or must contact Shakepay support team up to a maximum of 30 days after the creation of their account.

ShakingSats Rewards Table

The Daily Referral Giveaway

Starting July 9th, 2021, Shakepay will be conducting The Daily Referral Giveaway.

You have a chance to win $1,000 CAD worth of sats (for Canadian Residents excluding Quebec) by referring a friend to Shakepay! Each day until August 7th, 2021, we’ll be doing The Daily Referral Giveaway. We’re looking forward to helping Canadians earn free bitcoin.

For more information on how to participate, please review our frequently asked questions below.

FREQUENTLY ASKED QUESTIONS

How do I participate?

Refer a friend with your referral code and then have them complete the signup process.

Note: You can only be entered to win The Daily Referral Giveaway once per day.

How do I refer a friend? Please check out our referral FAQ for more info on how to refer your friends.

How will the winner be selected?

Every day our system will automatically select a winner. The winner will be randomly picked from a list of participants who referred a friend (where the friend signed up on the day preceding the drawing of participants) and who meets the eligibility criteria according to the Daily Referral Giveaway Rules.

How will I know if I have won? If you are the winner and use the Shakepay app, you will receive an in-app message from the Shakepay team. If you don't have the Shakepay app set up, you will receive an email from the Shakepay team from [email protected].

The team will let you know you’ve won and ask your permission to share your shaketag publicly. If you consent to this, it will be announced on both Shakepay’s Discord community and on the official Shakepay Twitter page.

Be the first to know when the winner is announced. Follow us on Twitter and join our Discord.

If I win, does the person I referred win too?

Only the user who referred a friend will be entered to win The Daily Referral Giveaway. If you were referred you will need to refer someone else to enter the The Daily Referral Giveaway!

How do I know if I have been entered into The Daily Referral Giveaway?

If you referred a friend and they completed the signup process - you are entered into that day’s Daily Referral Giveaway!

You can also see the number of friends you’ve referred in the settings screen under the “My Referrals” section of the app. Tip: check to see if your number of sign ups increased after your friend signed up. Please note that in order to be eligible to participate in The Daily Referral Giveaway your friend only needs to complete sign up (by providing their full legal name, date of birth, current residential address, occupation, and verifying their phone number and email address, and fulfilling any other requirements for registration). Your friend doesn’t have to buy anything from us and it’s free to become a user of Shakepay.

If your referral code was not automatically applied, the newly signed up user can use the following link in order to manually add your referral code or your @shaketag (username) to their account.

Can I enter to win multiple times in one day?

No, you can only enter The Daily Referral Giveaway once per day!

This means if you sign 5 friends up in one day you will receive 1 entry for The Daily Referral Giveaway. If you sign up 5 friends during 5 days (1 friend per day) you are entered into The Daily Referral Giveaway each of those 5 days!

Do I still get the regular referral reward of $10?

Yes! To be eligible to participate in The Daily Referral Giveaway your friend only needs to complete sign up.

The Daily Referral Giveaway is not related to the referral rewards, which will continue as usual.

Can I win more than once?

Yes! You can participate every day for a chance to win (but there is only one prize per day).

Why can’t Quebec residents enter?

Quebec has unique legislation that restricts the ability of companies to giveaway valuable property (like Bitcoin) in the Province of Quebec. As a Quebec-based corporation, we wish we could open this up to everyone and we may in the future be able to do so, but for now, The Daily Referral Giveaway is only open to Canadians outside of Quebec in order for us to be compliant with Quebec law.

Quebec residents are not eligible to win the daily giveaway. However, residents of other provinces can refer Quebec residents and be eligible to win the Daily Referral Giveaway.

When will I receive a prize if I win?

Every day starting July 10th, the winner will be announced on both Shakepay’s Discord community and the official Shakepay Twitter page once they have been selected. If you are selected as the daily winner, your prize will be added to your Shakepay account within 24 hours (once all of the requirements are met).

The Shakepay team will reach out to you via in-app message or an email sent from [email protected] to announce that you’ve won The Daily Referral Giveaway.

We’re a registered Money Services Business so please note that prior to receiving your prize you will be asked to confirm your current residential address and answer a skill-testing question. You might also be asked to submit a Proof of Address document if needed.

OFFICIAL CONTEST RULES (the “Contest Rules”)

The The Daily Referral Giveaway (the “Contest”) will be conducted daily starting at 00:00:01 AM Eastern Time (“ET”) on July 9th, 2021, (the “Contest Opening Date and Time”) and closes on August 7th, 2021, at 11:59:59 PM Eastern Time (the “Contest Closing Date and Time”). The Contest is brought to you by and operated by Shakepay Inc. (“Shakepay” or “Sponsor”), 500 Place d'Armes #1800 Montreal, QC, Canada, H2Y 2W2, with its “Website” at https://shakepay.com.

BY ENTERING THE CONTEST OR MAKING A REFERRAL THAT ENTITLES YOU TO PARTICIPATE IN THE CONTEST, YOU REPRESENT AND WARRANT THAT YOU HAVE READ, AND AGREE YOU WILL ABIDE BY, THESE CONTEST RULES, WHICH SHALL BE POSTED ON THE WEBSITE.

1. ELIGIBILITY

The Contest is open to all residents of Canada who have reached the age of majority in their province or territory, and have a valid Shakepay account (including a “Shakepay Username”) and completed the registration on their Shakepay account. Notwithstanding the foregoing, residents of the Province of Quebec cannot enter and cannot participate in this Contest. Additional entry requirements may be found in the “HOW TO ENTER” section below.

Anyone who meets the eligibility criteria and has made a valid Entry (as defined in the next section) in the Contest shall be deemed a “Participant” in these Contest Rules. The entirety of this section as well as any additional entry requirements found in the Section 2 below may be referred to as the “Participant Eligibility Criteria”.

2. HOW TO ENTER AND ENTRY RESTRICTIONS

NO PURCHASE IS REQUIRED TO ENTER. To enter the Contest, you must do the following:

1. You must have a Shakepay account to enter. If you do not have a Shakepay account go to https://shakepay.com or download the “Shakepay: Buy Bitcoin Canada” application from either the Google Play Store or the Apple App Store to create one.

2. You must refer a friend to Shakepay who is not yet a Shakepay user, using your referral code.

3. The friend (or more than one) you invite must sign up to Shakepay and must complete account registration (by providing their full legal name, date of birth, current residential address, occupation, and verifying their phone number and email address, and fulfilling any other requirements for registration).

4. If you invited a friend on a specific day but your friend completed their registration another day, you will participate in the Contest on the day your friend completed their registration.

5. The friend you invite must sign up to Shakepay on or after July 9th, 2021, and must be a new user.

Completing these requirements on a specific day will grant you one chance to win on that day (an “Entry”).

There is a maximum of one Entry per person per day. You are eligible to participate in the Contest every day as long as you meet requirements and have a valid Shakepay user account that complies with your legal obligations as a user. Entries indicating the same user details will be considered, for purposes of the Contest, to belong to the same Participant and therefore is subject to this restriction. Any excess Entries will be invalid for purposes of the Contest draw. If you attempt or are suspected of attempting to invite a friend who already has a Shakepay account or any entry methods not authorized by these Contest Rules, it shall be deemed as tampering and shall void any and all of your Entries.

A friend you invite to Shakepay must be over 18 years of age as of the day they sign up.

3. DESCRIPTION OF THE PRIZES

The “Prize(s)” are granted in Satoshis (“Sats”). One Sats is 0.00000001 bitcoins. Every day there will be a Prize of $1,000 CAD worth of Sats. The value in Sats of each Prize will be calculated at the time of awarding the Prize, using the then current Shakepay conversion rate. Thus, the value in Sats may vary accordingly.

There will be only 1 Winner each day. The Prize shall be sent to the Shakepay Account of the selected Winner of the day.

4. PROCEDURE FOR AWARDING PRIZES

Every day, starting July 10th, 2021, a random winner will be picked from a list of the Participants. The winner will then need to answer a skill-testing question in order to qualify for the awarding of the Prize, and you must answer the question correctly. You must and warrant that you will answer the question without the assistance of any other person.

If the winners agree, their shaketag (username) will be shared publicly on the official Shakepay Discord community and the official Shakepay Twitter page (and any other website or app used by Shakepay). Winners will be announced each day, starting July 10th, 2021. The Winner will also receive a message from the Shakepay team in the Shakepay app. If the Winner does not have the Shakepay app set up, they will receive an email from [email protected].

The Winner must confirm their current residential address prior to receiving the Prize. We expect every Winner will confirm their address but a Winner who does not complete this requirement (and the skill-testing question) within 30 days will be deemed not to be a Winner, and no Prize will be awarded for that day. Being announced as a Winner by Shakepay is not sufficient to be awarded a Prize as all of the Contest Rules must be complied with before any Prize shall be awarded.

If the Winner’s address is up to date and matches the address on the Winner’s Shakepay account, the Winner will receive a Prize based on their residency. If the Winner’s address is changed from either non-Quebec to Quebec residency, or Quebec to non-Quebec residency, the Winner must submit a Proof of Address prior to receiving the Prize. Notwithstanding the foregoing, determination of “residency” shall be in Shakepay’s sole discretion and its decision regarding residency shall be final.

The Winner can participate in the Contest again and is eligible for having a chance to win the Contest if the criteria are met.

If a winner does not respond within seven days following the first attempt of contact, refuses to provide their current residential address, or declines the Prize, the Prize shall be forfeited and Shakepay shall have the right, at its sole discretion, to select another Winner for that day or pick an additional Winner for another day (but it is not obligated to do so).

If an individual Winner has fulfilled all the obligations described in this section and fulfills the Contest Eligibility Criteria, their Prize will be transferred to their Shakepay account within 24 hours.

5. GENERAL RULES

5.1. PROOF OF ADDRESS. Winners will be required to provide their current residential address and might be asked to provide a Proof of Address in case the provided address doesn’t match the address on the Winner’s Shakepay account (or otherwise triggers our review process, which is a part of our anti-money laundering program as a registered Money Services Business).

A “Proof of Address” must show the Winner’s name (i.e.your name) and address clearly. The Proof of Address shall be conducted in such a way that it meets or exceeds the standards established by Canadian anti-money laundering law, but the process chosen shall be at Shakepay’s sole discretion and may vary according to the circumstances.

Example of Proof of Address documentation:

• Bank or credit card statement

• Utility bill

• Benefits or insurance statement

• T4 or ROE

5.2. COMPLETION OF THE CONTEST. Shakepay reserves the right to cancel this Contest any time.

5.3. FREE TO ENTER, NOT RESPONSIBLE FOR LOSSES OR HARM. Shakepay is not responsible for any loss, harm, damages, cost or expense arising out of participation in the Contest, participation in any Contest-related activity or the acceptance, use, or misuse of any Prize, including but not limited to costs, injuries, losses related to personal injury, damage to, loss or destruction of property, rights of publicity or privacy, defamation, or portrayal in a false light, or from any and all claims of third parties arising therefrom.

5.4. INDEMNIFICATION. By entering the Contest, Participant releases and holds “Releasees” (directors, officers, employees, and contractors of Shakepay, and Shakepay itself) harmless from any and all liability for any injuries, loss or damage of any kind to the Participant or any other person, including personal injury, death, or property damage, resulting in whole or in part, directly or indirectly, from acceptance, possession, use or misuse of any Prize, participation in the Contest, any breach of the Contest Rules, or in any Prize-related activity. The Participant agrees to fully indemnify Releasees from any and all claims by third parties relating to the Contest, without limitation.

5.5. REFUSAL. Written refusal to accept the Prize releases the Shakepay from any obligation toward a Winner. The determination of what qualifies as “refusal” shall be made by Shakepay.

5.6. DISQUALIFICATION. Illegal or dishonest activity is grounds for disqualification. If a Participant makes a false statement or otherwise violates these Contest Rules (or any legal terms applicable to their Shakepay account), they shall be disqualified from the Contest. Any action that violates, infringes, or misappropriates any rights of any third party including, without limitation, patent, copyright, trademark, trade secret, or right of privacy or publicity shall also subject a Participant to disqualification from the Contest. Any disqualification under these Contest Rules shall be at Shakepay’s sole discretion.

5.7. LIMITATION OF LIABILITY. Since we’re giving away Sats and there’s no purchase necessary, we won’t accept any liability. The Releasees assume no liability for any loss, damage or injury, including without limitation: (i) lost, stolen, delayed, damaged, misdirected, late, destroyed, illegible or incomplete Entries; (ii) loss, theft, or damage to software or computer or telephone data, including any breach of privacy; (iii) fraudulent calls or emails; (iv) inability of any person to participate in the Contest for any reason including technical, computer or telephone malfunctions or other problems with computer systems, servers, access providers, computer equipment, or software; technical difficulties with Shakepay, or any combination of the foregoing; (v) damage to any person’s computer or device, including as a result of playing or downloading any material relating to the Contest; (vi) any delay or inability to act resulting from an event or situation beyond their control, including a strike, lockout or other labour dispute at their location or the locations of the organizations and businesses whose services are used to administer this Contest (including but not limited to Shakepay); or (vii) use of a Prize or any losses or damages arising from any activity related thereto.

5.8. CANCELLATION OF CONTEST. Fairness is important to us. Shakepay reserves the right to cancel or suspend this Contest should a virus, bug, or other cause beyond its reasonable control corrupts the security or proper administration of the Contest. Any attempt to deliberately affect the Website or to undermine the operation of this Contest is also a violation of the rules of the Contest. Should such an attempt be made, Shakepay reserves the right to seek remedies and damages to the fullest extent permitted by law.

5.9. PRIVACY AND USE OF PERSONAL INFORMATION. Shakepay respects your privacy. By participating in the Contest, you: (i) grant to Shakepay the right to use your Shakepay shaketag (username) to administer the Contest, including but not limited to contacting and announcing the Winner and awarding Prizes; (ii) grant to Shakepay the right to use Personal Information for publicity and promotional purposes relating to the Contest, in any and all media now known or hereafter devised, without further compensation unless prohibited by law. Shakepay will only use the Participant’s Personal Information for identified purposes. For more information regarding the manner of collection, use and disclosure of Personal Information by the Sponsor, please refer to the Shakepay Privacy Policy at https://legal.shakepay.com/privacy-policy. By providing the information in the Entry, you as a Participant consent to it being used for the purposes as stated in the Privacy Policy.

5.10. DISPUTES REGARDING THE WINNER’S ACCOUNT. If a Winner’s account is subject to Shakepay's risk management and security protocols that include limiting access to, suspending, or closing a Winner’s account, they shall be automatically disqualified from the Contest. Any disqualification under these Contest Rules shall be at Shakepay’s sole discretion.

5.11. TIME. The Contest will be conducted every day starting July 9th, 2021. In order to participate in the Contest, you must refer a friend who signs up using your referral link and completes the registration of their Shakepay account. You become a participant of the day when the criteria are met (e.g. if you refer the friend on Monday but they actually sign up on Tuesday then it would be Tuesday that’s the relevant day, not Monday). Shakepay may end the Contest at any time, without notice to you.

5.12. ODDS OF WINNING. All Participants have equal odds of winning. If you sign up more than one friend on the same day, that will be considered as one Entry and will not increase your odds of winning. You can win more than once.

5.13. AMENDING THE CONTEST RULES. Shakepay reserves the right to amend the Contest Rules or to terminate the Contest at any time without any liability to any Participant (or any other person). Any amendments to these Contest Rules will be updated in this document and posted on the official Shakepay Discord community (https://discord.gg/TjG5RgPM). Participants are responsible for checking the Contest Rules and agree to abide by the most recent Contest Rules posted as at the Contest Closing Date and Time.

5.14. THE RULES ARE BINDING. By entering the Contest, you represent and warrant that you have read, and agree you will abide by, the Contest Rules. You further agree you will abide by the decisions of Shakepay, which decisions are final and binding on all Participants.

5.15. NO WAIVER. Any failure by Shakepay to enforce any provision of these Contest Rules shall not constitute a waiver of that provision. The invalidity or unenforceability of any provision of these Contest Rules shall not affect the validity or enforceability of any other provision. If any provision of the Contest Rules is determined to be invalid or otherwise unenforceable, then the Contest Rules shall be construed in accordance with their terms as if the invalid or unenforceable provision was not contained therein.

5.16. GOVERNING LAW. Any dispute related to the Contest Rules or the Contest shall be heard in the courts of the City of Toronto, Ontario, Canada, and the laws of the Province of Ontario shall apply.