Last updated: 23 February 2018
This Partnership Agreement of SIGEN applies to all users ('users', 'we') registered on the website www.SIGEN.pro (the 'Website') and participating in the binary partnership program of SIGEN.
This Partnership Agreement may be extended, amended or cancelled at any time and in the sole discretion of SIGEN without any prior notification. In case of any amendments to the Partnership Agreement and/or its term, the new Partnership Agreement will be published on the Website in a new version.
In order to participate in this Partnership Agreement, the user shall join the binary partnership program of SIGEN. In this program user may have the opportunity to gain a percentage from the total income of the platform on a monthly basis upon conditions set out below. In this program SIGEN distributes a part of its income between active users on a monthly basis.
You may refuse or agree to participate in this Partnership Agreement in your sole discretion.
This Partnership Agreement is the part of the Terms and Conditions which fully applies to this Partnership Agreement and is the integral part to this Partnership Agreement.
Conditions of Participation
This Partnership Agreement applies only to registered users of the Website. The user may participate in the Partnership Agreement unless he/she has any violations of the Terms and Conditions and if his/her account is active and not suspended by SIGEN for any reason.
The user cannot create any additional registrations and teams of traders with non-existing entities/individuals in order to obtain any bonus under the Partnership Agreement. SIGEN has the right to unilaterally refuse to execute this Partnership Agreement in relation to the user and terminate his account and other accounts in case of any violation.
In order to gain bonuses, the user shall comply with the rules and policies of bonus payments described below.
Bonus Payment Policies
The bonus is paid subject to the following conditions.
Within the first month SIGEN agrees to share 80% of its income and distribute it as follows:
- 40% of its income shall be equally distributed between the most active traders;
- the remaining 40% of its income will be equally distributed between users who built the largest teams of traders.
Distribution of 40% of the income between active traders
In order to become an active trader, the user will need to buy or sell bitcoins within one month in the total amount of more than $2,500
. In this case the user will be awarded with the bonus and rated as “Senior Trader”.
For this purpose, SIGEN will consider the total turnover of purchase and sale for one month. For instance, you will be awarded with the bonus if you:
- Sold bitcoins for the total amount of 2,500$.
- Purchased bitcoins for 2,500$.
- Purchased bitcoins for 1,500$ and sold bitcoins for 1,000$.
Distribution of the remaining 40% of the income between users with the largest teams of traders
SIGEN will equally distribute the remaining 40% of the income between users who built the largest teams of traders.
When you invite someone to trade on our platform, you can form your own team of traders. Such team consists of all real users invited personally by you as well as by your partners. In other words, you build your own team of active traders.
In order to gain the bonus in the beginning of the next month, you need to achieve the status of “big traders' team”. “Big traders’ team” is a team of not less than 10 traders, each of whom bought and/or sold bitcoins for the total amount of more than 2,500$
in the current month. With such team the user becomes “Team leader”.
The Team leader can be awarded with the bonus if his/her personal trade turnover exceeds 2,500$ in the current month.
- You have a team of 10-15 members each of whom purchased and/or sold bitcoins for the total amount of 2,500$. You also purchased bitcoins for the amount of 1,500$ and sold bitcoins for the amount of 1,000$. In other words, your personal total turnover in one month is 2,500$. You may be awarded with the bonus.
- Each member of the traders’ team of not less than 10 members traded bitcoins in the amount of more than 2,500$. However, you haven’t personally traded bitcoins for any amount or traded bitcoins for less than 2,500$. In this case you will not be awarded with the bonus according to the Partnership Agreement.
SIGEN examines and pays bonus to your Website account on the first day of each month following the previous reporting month. If necessary for additional examination, SIGEN has the right to extend this term.
If you achieve a minimum turnover or build a traders’ team, then SIGEN sends you a greetings letter and notification to your account. When participating in the Partnership Agreement, you agree to receive such notifications from us. You may check your achievements in a relevant section of your account.
The right to gain the bonus is reset each month. You need to achieve the above mentioned results on a monthly basis and comply with other requirements of the Partnership Agreement, if you want to become an active trader or user who built the largest team of traders.
Any violation of the Terms and Conditions by the user, including any fraudulent operations performed on the Website, results in bonus withdrawal and payment rejection.
SIGEN reserves the right to disqualify users participating in the Partnership Agreement. Any disputes shall be resolved in accordance with the Terms and Conditions.
Due to specific legal restrictions, our Partnership Agreement may be unavailable by users from certain countries. SIGEN shall not be responsible for any legal restrictions and their consequences.
The user may participate or reject to participate in the Partnership Agreement in his/her own discretion. If you think that you have earned the bonus by mistake, please contact our customer support or by email at [email protected]
This Partnership Agreement is the integral part of the Terms and Conditions. Before you start trading bitcoins and perform other operations on the Website, the user should acknowledge and learn all risks and limitations associated with such trading. The Terms and Conditions contain a detailed information about such risks and limitations. By participating in the Partnership Agreement, you acknowledge and confirm that you have read and agree with the Terms and Conditions.