Terms and Conditions of the ‘Encyclopedia giveaway‘:

These Terms and Conditions apply to the ‘Encyclopedia giveaway‘ of 2525 Ventures B.V. (LiteBit), located at Weena 740, 3014 DA Rotterdam (hereinafter referred to as "LiteBit").  

Article 1. Participation

Article 1.1. Conditions participants

Only customers who received an email from LiteBit regarding the ‘Encyclopedia giveaway’ can participate in this promotion

Participants of the promotion need to have a verified LiteBit account and be eighteen (18) years or older;   

Participants may only participate once in a promotion or give away.

Article 1.2 Excluded participants

  • Those users involved in promotion manipulation will be disqualified;   
  • LiteBit reserves the exclusive right to exclude customers that it deems fraudulent or unlawful from participating in this promotion;  
  • LiteBit shall be entitled to refuse participation if the customer unintentionally received an email regarding the promotion;
  • LiteBit shall be entitled to refuse participation without any indication of reasons.

Article 2. Timeframe

Specified timeframe: This promotion runs from the 23rd of March 2023 (00:00) until the 30th of March (23:59) 2023;  

Article 3. Winner and price

Article 3.1 Determination winners

The twenty-five (25) winners will be picked randomly from the pool of LiteBit customers who complete the Survey within the specified timeframe.

Article 3.2 Price

The twenty-five (25) winners of the promotion will win a crypto encyclopedia with a value of €28,95.

The winners will be contacted by LiteBit by email within 5 business days after the promotion has come to an end; 

Prizes involved in this promotion can’t be swapped.

Article 4. Limitation of liability

LiteBit and its affiliated companies are not liable for any damage resulting from access to, use of and reliance on the information provided, unless this damage is due to intent or gross negligence on the side of LiteBit;  

LiteBit is not liable, neither by law nor by agreement, for any consequential damages of the promotion;  

LiteBit bears no liability for accidents, too late deliveries, damage or additional costs of any nature whatsoever arising from the promotion, the awarding of a crypto encyclopedia or the receipt of the crypto encyclopedia;  

Despite the greatest possible care that LiteBit devotes to the management of its website and organizing the promotion, it is possible that the information provided and/or displayed is incomplete or incorrect. Printing, spelling or typing errors or other similar errors in material made public by LiteBit, of any nature whatsoever, cannot in any way create an obligation for LiteBit;  

  • LiteBit is not liable in the event of any technical defects and or delays in receiving the buy orders;  
  • LiteBit expressly reserves the right, in its sole discretion and without prior notice, to change these terms or to terminate the promotion prematurely, without LiteBit being liable in any way for compensation of damages towards the participants;  
  • In situations not covered by these terms, a decision will be made by LiteBit;  

Article 5. Intellectual property

All intellectual property concerning texts, images, layout, software or other information concerning this promotion belongs to LiteBit;  

Article 6. Terms and Conditions and Privacy Statement

The personal data provided to LiteBit in connection with the promotion is processed taking into account LiteBit's Privacy Statement;  

LiteBit’s Terms and Conditions and Privacy Statement apply to this promotion. The Terms and Conditions and Privacy Statement can be found on the website

Article 7. Governing law and jurisdiction

Dutch law applies to this promotion. Any disputes arising from or related to the Terms and Conditions of this promotion or the promotion itself must be submitted to the competent court in Rotterdam; in the situation that a dispute arises between the parties, the parties are given the option to submit the dispute to the competent court within a period of 30 days, as referred to in Article 6:236 n of the Dutch Civil Code. If the mentioned period has passed, the Rotterdam District Court will be given exclusive jurisdiction.

Article 8. Interpretation

LiteBit reserves the right of final interpretation of this promotion and the Terms and Conditions relating to this promotion;  

Contact details

For additional information or complaints regarding the promotion or questions about the processing of your personal data, you can contact LiteBit's Customer Support (https://www.litebit.eu/nl/contact);  

The Terms and Conditions relating to this promotion can be found on the LiteBit website or can be requested from our Customer Support Service (+31 (0) 10 310 41 75).  

DISCLAIMER: YOU SHOULD BE AWARE THAT THE RISKS OF LOSS INVOLVED WITH TRADING OR HOLDING CRYPTOCURRENCIES ARE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER TRADING OR HOLDING CRYPTOCURRENCIES IS SUITABLE FOR YOU. DON'T SPEND MONEY YOU DON'T HAVE.