Clapp Referral Terms & Conditions

1. Definitions

“App” – the official Clapp Finance iOS or Android application. The Referral Program is not available on any web interface.
“Referrer” – an existing, KYC-verified Clapp user who shares a personal invite link/code from the App.
“Referee” – a new user who installs the App via the Referrer’s link/code.
“First App Open” – the UTC timestamp of the Referee’s very first launch of the App.
“Reward” – a one-time credit of 20 USD (or USDT equivalent) paid into the Referrer’s Clapp USDT wallet.

2. Territorial scope

The Program is open only to residents who, at the time of First App Open, are physically located in one of the following jurisdictions: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Japan, New Zealand, Singapore, South Korea, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Panama, Mexico, Brazil, Argentina.

3. How to earn a Reward

The Referrer will receive the Reward only if ALL of the following are satisfied:

  1. The Referee passes Clapp KYC with “verified” status.
  2. Within 30 days of First App Open, the Referee (i) deposits ≥ 250 USD (or crypto equivalent) and (ii) buys any crypto asset and creates at least one portfolio (funds must sit in a portfolio, not the wallet).
  3. Each portfolio created under (b) is maintained, without a full exit or withdrawal, for at least 30 consecutive days (“Holding Period”).
  4. Exactly one Clapp account is associated with the Referee’s physical device.

The Reward is credited no sooner than the first business day after the Holding Period ends. If the Referee sells or withdraws early, fails KYC, or misses any deadline, the referral is void.

4. Program timeline

30-day qualification window: conditions 3a–3b must be met ≤ 30 days after First App Open. 30-day holding window: condition 3c.

Reward payout: ≥ 30 days after portfolio creation and only if the Referee’s account remains in good standing.

5. Anti-Fraud rules

If the same device appears on more than one user ID, all related referrals are automatically rejected, the affected accounts may be flagged, and Clapp may suspend or claw back any Rewards.

Automated, bulk, fake-identity, emulator or VPN-obfuscated installations are prohibited. Clapp reserves the right to audit and disqualify any participant at its sole discretion.

6. Payment details

Rewards are credited only in USDT to the Referrer’s in-app USDT wallet balance.

7. General eligibility

Participants must be ≥ 18 years old, legally permitted to use Clapp services in their jurisdiction, and comply with Clapp Terms of Use and all applicable laws (AML/CTF, sanctions, tax, etc.).

8. Right to amend, suspend or terminate

Clapp Finance may modify, suspend or end the Program—or any user’s participation—at any time, with or without notice, including for suspected fraud, abuse, or technical error. Any changes become effective upon posting within the App.

9. Limitation of liability

To the maximum extent permitted by law, Clapp Finance shall not be liable for indirect, incidental, or consequential damages arising from or related to the Program. Total liability, if any, shall not exceed the monetary value of Rewards legitimately earned but unpaid to the affected Referrer.

10. Taxation

Reward recipients are solely responsible for reporting and paying any taxes or duties that may apply. Clapp may withhold amounts if required by law.

11. Governing law & disputes

These Terms are governed by the laws of England and Wales, without regard to conflict of law principles.

By participating you acknowledge that you have read, understood, and agree to these Referral Terms & Conditions.