COINCALL PRICE RANGE EVENT OPTION – USER AGREEMENT
This User Agreement (“Agreement”) sets out the terms and conditions that govern your participation in the Coincall Price Range Event Options products (“Price Range Event Options”). By participating, you agree to be bound by the terms of this Agreement, Coincall’s Terms of Use, Privacy Policy, and any other applicable policies issued by Coincall. You further acknowledge and agree that Coincall shall have full discretion in the interpretation and enforcement of this Agreement, and that all decisions made by Coincall in this regard shall be final and binding.
- Product Overview
- Coincall Price Range Event Options are structured as Call and Put Spreads, not digital or binary options.
- These are European-style options, meaning they can only be exercised at the predefined expiration time.
- Users speculate on whether the underlying asset's price (e.g., BTC, ETH) will close above or below a specified price range at expiry.
- Participation Conditions
- Each eligible user may enter one or more Event Options per period, subject to the rules of each specific Event Option.
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Each Event Option must:
- Be submitted within the designated submission window;
- Specify an asset (e.g., BTC/ETH), a price (e.g., $63,000), and an expiry date;
- Be accompanied by the required stake in USDT or another supported stablecoin.
- Once submitted, Event Options may not be modified or cancelled.
- Event Options Period
Each Event Option will specify:
- The eligible cryptocurrency;
- The Event Option expiry (e.g., a date);
- The selected price;
- The expiry time;
- The potential return.
- Settlement
- Settlement Price: The settlement price for Price Range Up / Down is the arithmetic average of the underlying index price 30 minutes before expiration.
- Exercise Settlement Time: 08:00 (UTC) on the expiration date of the contract.
- Exercise Settlement Contract: The option contract with an expiration date on the same day.
- Coincall may use data from multiple exchanges or index providers to determine the settlement price and reserves the right to exclude data points it reasonably considers to be erroneous or manipulative.
- Payout & Profit Conditions
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For UP (respectively DOWN):
- If the settlement price at expiry is above (resp. below) the user’s selected price (inclusive), the user will receive a predefined payout.
- If the settlement price is below (resp. above) the selected price, the user’s staked amount will be lost.
- Payouts, if any, are credited automatically to the user’s Coincall account.
- Coincall shall not be liable for any delays or errors in crediting payouts caused by system errors, force majeure events, or third-party data provider outages.
- Eligibility
To participate, users must:
- Hold an active Coincall account in good standing;
- Be located in a jurisdiction where participation is legal and not restricted by applicable law or regulation;
- Not be employees, contractors, or related parties of Coincall.
- Coincall reserves the right to restrict, suspend, or terminate participation by any user at its discretion if required to comply with applicable laws, internal policies, or to manage risks.
Participation is prohibited in restricted jurisdictions including, but not limited to, the United Kingdom, Netherlands, and any other jurisdiction as may be updated by Coincall from time to time. Refer to the below prohibited countries’ list: https://support.coincall.com/hc/en-us/articles/16546241282457-Restricted-Countries-and-Regions
- Risk Warning
- Price Range Predict involves financial risk, including the total loss of capital that is being staked.
- It is intended for users with an understanding of market volatility and should not be considered investment advice.
- By participating, you confirm that you understand and accept these risks.
- Users acknowledge and accept full responsibility for their trading decisions, and Coincall shall bear no liability for any direct or indirect losses incurred through participation.
- Notification of Results
- Users will be notified of the result of their Event Options via the Coincall platform and/or email within 24 hours following the expiry time.
- Amendments and Cancellation
- Coincall reserves the right to cancel, suspend, modify, or terminate Price Range Predict or this Agreement at any time.
- However, the terms of a specific Event Option will not be changed once it has commenced.
- In the event of market disruption, technical failure, legal developments, or any force majeure event, Coincall may suspend settlement or cancel affected contracts.
- Affected users may or may not receive refunds depending on the nature of the disruption.
- Governing Law
- This Agreement shall be governed by and construed in accordance with the laws of Panama.
- Any dispute, controversy, or claim arising out of or relating to this Agreement shall be resolved by arbitration under the rules of the Panama Arbitration Center (Centro de Conciliación y Arbitraje de Panamá - CeCAP), or another recognized arbitration body if applicable.
- The arbitration shall be conducted in English, by a single arbitrator. The award shall be final and binding.
- Contact
For questions or support, please contact: support@coincall.com.
Important Notice:
- All Coincall Price Range Event Options are European-style contracts.
- The APYs or yields shown are for illustrative purposes only and are subject to the fixed payout terms displayed before execution.
- This product is not a form of gambling and should be approached with proper risk understanding.
Coincall retains full authority over the operation, regulation, and enforcement of its Event Options products.
All rights reserved. Updated as of 8 July 2025.
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