Stake (Stakeshop Pty Ltd, Hellostake Limited) – Referral Terms & Conditions

 

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These terms and conditions (Referral T&Cs) apply to the Stake Referral Program (the Program). 

By participating in the Program, you agree to be bound by these Referral T&Cs.

This Program allows registered Stake users (a “Stake User”) to earn promotional rewards (“Stake Rewards”) by referring others to Stake. To participate, Stake Users must agree to these terms, which are in addition to the Stake Terms & Conditions.

How to Earn Stake Rewards

Stake Users (the Referrer) can earn rewards if, the referred person:

  1. Enters the Referrer’s unique referral code when signing up to Stake;
  2. Creates a valid Stake account that complies with the Stake Terms & Conditions (in the jurisdiction of the Referrer); and 
  3. The referred friend funds their account directly through the Stake platform.

The referred person may not be the same person as the Stake User or an existing Stake customer.

The referring Stake User will be rewarded with the rewards outlined in the referral invitation or accompanying promotional materials. Unless otherwise amended, rewards are free stock in specific US equities unless indicated otherwise in the referral invitation or accompanying promotional materials.

Qualified Funding

A Qualified Funding is a deposit (funding) by the referred person of their Individual Stake brokerage account inside the Stake product (not outside of Stake).

Earning Rewards 

For rewarded stock, Stake Users will be notified within 2 business days of the reward they have received. This notification will come to the email that’s attached to a user’s Stake account.

Stake Rewards are used for promotional purposes only

Stake Rewards may not be earned by creating multiple Stake Accounts. Stake Rewards accrued in separate Stake accounts may not be combined into one Stake account. Stake Rewards can only be earned with your “Individual Account” and not a company, trust, SMSF or other type of account.  

If for any reason you believe that there is a discrepancy regarding your Stake rewards, email hello@hellostake.com

Stake may require you to submit additional information in order to determine your eligibility.  All decisions regarding your status will be final and at Stake’s sole discretion.

You are responsible for any tax consequences, if any, that may result from your redemption or use of Stake Rewards.

Sharing Referral Links

Referrals should only be used for personal and non-commercial purposes, and only shared with personal connections that will appreciate receiving these invitations. Referral links should not be published or distributed where there is no reasonable basis for believing that all or most of the recipients are personal friends.

Referred Friends

Under other reward programs run by Stake from time to time, Referred friends that have signed up using a valid referral link and complete a Qualified Funding may also receive a Stake reward, which may differ to the rewards offered in this Program.

Multiple Referrals

A referred friend may only use one referral link. If a referred friend receives referral links from multiple Stake Users, only the referral link used by the referred friend to join will count towards a Stake Reward.

Severability

If any provision in these terms are held to be invalid, void, or unenforceable, such provision (or the part of it that is making it invalid, void or unenforceable) will be struck and not affect the validity of and enforceability of the remaining provisions.

Termination and Changes

Stake may suspend or terminate the Program or a user’s ability to participate in the Referral Program at any time for any reason.

We reserve the right to suspend accounts or revoke Stake Rewards if we notice any activity that we believe is abusive, fraudulent, or in violation of these terms or the Stake Terms & Conditions. 

We reserve the right to review and investigate all referral activities and to suspend accounts or modify referrals in our sole discretion as deemed fair and appropriate.

The scope, variety, and type of services and products that you may obtain through Stake Rewards can change at any time.

Legals & Updates to the Terms

For Stake Users who have agreed to the Terms & Conditions (AU) these Referral T&Cs are to be governed by and construed in accordance with the laws of New South Wales, Australia and shall be subject to the jurisdiction of the New South Wales Courts. For Stake User who have agreed to the Terms & Conditions (UK), these Referral T&Cs are to be governed by and construed in accordance with English Laws  and shall be subject to the non-exclusive jurisdiction of the courts of England & Wales.

Updates

We can update these Referral T&Cs at any time without prior notice. If we modify these terms, we will post the modification on the Stake website and applications which are effective upon posting. Agreement to these terms or continued participation in the Referral Program after any modification shall constitute consent to such modification