The “XRP Ascent” Challenge – Terms and Conditions

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1. Introduction‍

By taking part in the ‘XRP Ascent’ Challenge (the ‘Campaign’), organised by Tap Global Limited (‘Tap’ or the ‘Promoter’), participants confirm that they have read, understood, and agreed to these Terms and Conditions. All decisions made by the Promoter regarding the Campaign are final and binding in all respects. .

2.Eligibility

The Campaign is open to individuals who:

• Are legal residents of countries within the European Economic Area (EEA) or the European Union (EU) where Tap offers its services.
  
  
• Have completed identity verification and all onboarding procedures required by Tap before the end of the Campaign Period.
  
  
• The Campaign is not open to corporate accounts or institutional users. Only natural persons are eligible.

Residents of the United Kingdom (excluding those residing in the Isle of Man) are not eligible to participate. Tap reserves the right to disqualify any participant who does not meet the eligibility criteria, as determined solely by Tap.

3. Campaign Period

The Campaign begins on 1 October 2025 at 17:00 CET and ends on 17 October 2025 at 10:00 CET. Activity outside this period will not be considered.

4. How to Participate

To participate:

1. Log in to or create a Tap account.
   
   
2. Buy or deposit XRP during the Campaign Period.
   
   

Your Net XRP Buy score will be calculated as follows:
XRP Buys + XRP Deposits – XRP Sells – XRP Withdrawals

The top 100 participants with the highest Net XRP Buy scores by the end of the Campaign Period will qualify to receive a reward.

All calculations of Net XRP Buy scores will be based solely on Tap’s internal records and systems.

5. Rewards

• Each of the top 100 eligible participants will receive a reward of $10 worth of XRP (USD equivalent).
• Rewards will be credited to users' Tap accounts within 30 days after the Campaign ends.
  
  
• The XRP/USD exchange rate used for reward distribution will be determined at Tap's sole discretion at the time of processing.
  
  
• Rewards are non-transferable, non-exchangeable, and may not be redeemed for cash or other alternatives.
  
  
• Participants are solely responsible for any tax obligations arising from receipt of a reward.
  
  

6. Ranking and Tie-Breakers

In the event of a tie in Net XRP Buy scores, the participant who achieved the score earlier (based on transaction timestamps) will be ranked higher.
Ranking will be determined solely by Tap based on data available on the Tap platform.

7. Notification

Winners will be notified via the contact information provided during registration. Participants are responsible for keeping their contact details accurate and up to date.

8. General Conditions

• Tap reserves the right to cancel, modify, suspend, or terminate the Campaign at any time, with or without notice, at its sole discretion.
  
  
• Tap is not responsible for technical issues, errors, or unauthorized interventions that may affect the integrity of the Campaign.
  
  
• Any attempt to manipulate the Campaign or violate its terms will result in disqualification and may lead to legal action.
  
  
• Tap reserves the right to exclude participants engaging in suspicious, abusive, or fraudulent activity.

9. Privacy

By participating, users consent to the collection and processing of their personal data as outlined in Tap’s Privacy Policy: https://www.withtap.com/legals/privacy-policy.

Personal data will be used solely for:

• Assessing eligibility and ranking
  
  
• Identity verification
  
  
• Reward distribution
  
  

No personal data will be shared with third parties without explicit consent, unless required by law.

10. Governing Law and Jurisdiction

These Terms are governed by the laws of Gibraltar. Participants agree to submit to the exclusive jurisdiction of the courts of Gibraltar in connection with any disputes arising from the Campaign.

Nothing in these Terms alters or overrides the general Tap Terms of Service, which continue to apply.

11. Disclaimer

The Campaign is void where prohibited by law. Participants are responsible for complying with all applicable laws and regulations.

Nothing in these Terms constitutes financial advice, an endorsement, or a solicitation to invest in, purchase, or sell any digital asset. Cryptocurrency trading involves risk. Participants should seek independent financial advice if needed.

12. Contact

For questions regarding the Campaign, contact Tap’s support team via the official channels listed in the Tap app or on the website.

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