Rules of the Nexo AU Deposit Match Campaign

1. General Rules

1.1. The Nexo AU Deposit Match Campaign (hereinafter referred to as “the Campaign”) shall be conducted within the period from August 17, 2026, UTC 08:00, until September 30, 2026, UTC 23:59 (“the Campaign Period”). The Campaign is sponsored by Nexo Australia Pty Ltd (“Nexo AU” or “we”).

1.2. The organisation and conduct of the Campaign, as well as the participation therein, shall be governed by the terms and conditions of the present rules (“the Rules”) and the Nexo AU Terms and Conditions (“General Terms”), available here.

2. Right of Participation

2.1. Individuals and corporate accounts who: (i) comply with the Rules and the General Terms, (ii) are residents of Australia,  (iii) have successfully opened and completed identity verification of an Account, (iv) are either newly registered customers during the Campaign Period or existing customers who have not previously deposited funds into their Account, and (v) have opted in to the Campaign via the Rewards Center during the Campaign Period, are eligible to participate in the Campaign (separately referred to as “Participant”, and collectively as “Participants”). Users acquired through Nexo's referral or affiliate programs are not eligible to participate. Eligible Participants will be notified by Nexo via email and/or through the Nexo Platform.

2.2. By participating in the Campaign, every Participant declares full and unconditional consent to the Rules and agrees to accept as final and binding all Nexo’s decisions with regard to the Campaign.

3. Mechanism

3.1. To be eligible for a Reward from the Campaign, the Participant must opt in to the Campaign via the Rewards Center on the Nexo Platform during the Campaign Period. Opting in constitutes the Participant's acceptance of these Rules and starts the Participant's personal funding window. Only activity occurring after the Participant has opted in counts towards the Campaign; deposits made before opting in are not included. The Participant must also complete the identity verification procedure as described on the Nexo Platform and in the General Terms and reach a Portfolio Balance of at least USD 5,000 during the Campaign Period.

3.2. After opting in to the Campaign, the Participant has 7 (seven) calendar days to reach a net qualifying amount of USD 5,000 (the “Qualifying Amount”) (the “Funding Window”). For the purposes of this Article, the following shall apply:

  1. only crypto-to-crypto deposits shall count as qualifying activity towards the Qualifying Amount; a direct deposit of AUD, USD, and/or EUR does not, by itself, count towards the Qualifying Amount, however, where AUD, USD, and/or EUR is deposited and then exchanged into crypto within the Funding Window, the resulting crypto shall count towards the Qualifying Amount, valued in USD at the time of the exchange;
  2. each deposit shall be valued in USD at the time it is made;
  3. internal transfers received from other Nexo users shall not count towards the Qualifying Amount;
  4. withdrawals and internal transfers sent by the Participant during the Funding Window shall reduce the net total of the Qualifying Amount; and
  5. on the last day of the Funding Window, the net Qualifying Amount shall be locked and used to determine the size of the Reward in accordance with Article 4.

3.3. For the avoidance of doubt, the condition stipulated in Article 3.1 shall be deemed as fulfilled only after Nexo successfully verifies the information provided by the Participant, subject to the General Terms and as described on the Nexo Platform. By entering the Campaign, Participants acknowledge and agree that they shall not be entitled to any claim in respect of any losses incurred as a result of Nexo’s inability to verify the necessary information or provide them with the Nexo Services during the Campaign Period.

4. Rewards

4.1. Eligible Participants shall receive a reward from the Campaign (the “Reward”), which shall be calculated in the following manner:

4.1.1. The Reward is a deposit match calculated by reference to the net Qualifying Amount locked at the end of the funding window under Art. 3.1. For the avoidance of doubt, the Participant is only eligible for a Reward if the net Qualifying Amount is greater than or equal to USD 5,000.  

4.1.2. The Reward shall be divided into 6 (six) equal monthly installments across a 6-month hold period that begins on the day after the end of the Funding Window (the “Hold Period”). Each installment corresponds to a consecutive 30 (thirty) calendar day hold period within the Hold Period. To unlock a given installment, the Participant must maintain a Portfolio Balance equal to at least 80% of the Reward Base throughout that entire 30-calendar-day hold period. If the Portfolio Balance falls below 80% of the Reward Base during a hold period and is not restored before the next hold period begins, that installment is forfeited and the following hold period is treated as failed from its start. If the Portfolio Balance is restored to at least 80% of the Reward Base before a later hold period begins, the Participant becomes eligible again for that later installment.

4.1.3. The Reward shall be calculated by reference to the net Qualifying Amount in the following manner: Net Qualifying Amount between USD 5,000 - USD 99,999.99 – 1% match of the net Qualifying Amount; Net Qualifying Amount USD 100,000 and above – 2% match of the net Qualifying Amount.

4.1.4. The total Reward is subject to a maximum of USD 10,000 per Participant. The Reward is denominated and paid in USDC.

4.1.5. Subject to the conditions of the present Rules, each unlocked installment of the Reward shall be made available to the Participant to claim via the Rewards Center on the Nexo Platform following the end of each 30 (thirty) calendar day hold period that ends after the commencement of the Hold Period. The Participant must claim each such installment within 30 (thirty) calendar days from the date it becomes available in the Rewards Center (the "Claim Window" applicable to that installment). Any installment not claimed within its Claim Window shall be automatically forfeited without any liability on the part of Nexo.

4.1.6. For the avoidance of doubt, Participants retain full day-to-day control and ownership of their deposited assets at all times during the Hold Period subject to Article 3.1.3.1 of the General Terms.. The hold mechanism operates solely by forfeiting the Reward where the Participant's Portfolio Balance falls below the applicable threshold set out in Article 4.1.2, and does not lock, freeze, or otherwise restrict the Participant's ability to access, transfer, or withdraw their assets.

4.2. Requests for cash or another Reward substitution and requests for transfer or assignment of the Reward to third parties shall neither be allowed nor considered by Nexo.

4.3. The Participants shall be fully and solely responsible for: (i) any and all Reward-related expenses, including without limitation any and all applicable taxes (including any goods and services tax and income tax), fees or sanctions imposed in this regard; (ii) ensuring their compliance with any and all applicable laws and regulations in regard to the Reward receipt.

ANY VIOLATION OF THE RULES BY THE PARTICIPANT WILL RESULT IN THE PARTICIPANT’S DISQUALIFICATION FROM THE CAMPAIGN.

5. Rights Reserved by Nexo

5.1. Nexo reserves the right, at any time, without notice and at its sole and absolute discretion, to (i) amend, modify, suspend, cancel, or terminate the Campaign, (ii) disqualify, revoke, or deny the distribution of Rewards, restrict access to any of the Nexo Services, or exclude from future Campaigns any Participant, (iii) monitor, limit, prohibit, or take necessary actions to prevent the use of bots, macros, scripts, or other unauthorised technical means to participate in the Campaign. In such cases, Nexo may abstain from distributing Rewards without liability to Participants

5.2. Announced changes to the Rules take effect as stated in any notice provided by Nexo. 

5.3. Any attempt by a Participant to undermine the legitimate operation of the Campaign may represent a violation of criminal and civil laws. Should such an attempt be made, Nexo reserves the right to seek damages to the fullest extent permitted by law.

6. Others

6.1. Any notice required or made under these Rules by any Participant to Nexo shall only be made via e-mail in English to [email protected]. Any notice required or made under these Rules from Nexo to any Participant shall be considered validly received when addressed to the Participant’s last provided email address, mailing address or phone number or when communicated through the Nexo Platform (e.g. in-app message, site notice, etc.).

6.2. Nexo shall have no liability for any Participant’s failure to receive notices therefrom regarding the Campaign due to spam, junk e-mail or other security settings or any Participant’s provision of incorrect or non-functioning contact details.

6.3. All relations between Nexo and the Participants will be governed by the present Rules, the General Terms, and the Applicable Law, as defined by the General Terms.

6.4. If any provision of these Rules is held invalid or unenforceable, the remaining provisions will remain in full force and effect. A failure to enforce any provision is not a waiver.