If you're interested in participating in OKX’s exciting social media giveaways, it’s essential to understand the official rules and eligibility criteria. These Social Media Giveaway Terms and Conditions outline everything you need to know about how to enter, win, and claim your prize—whether it's cryptocurrency, digital assets, or other exclusive rewards. Designed for transparency and fairness, these terms ensure a secure and enjoyable experience for all participants.
This document is a binding agreement between you (“User” or “you”) and OKX SG Pte. Ltd. (“OKX,” “we,” “us,” or “our”) if you are a Singapore-based user. By accessing or participating in any of our social media giveaways (the “Giveaways”), you confirm that you have read, understood, and agreed to be legally bound by these terms.
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Eligibility Requirements
Who Can Participate?
The Giveaways are open exclusively to legal residents of Singapore who are at least 18 years old or have reached the legal age of majority in their jurisdiction. You must also reside in a region where OKX SG offers its services and comply with all applicable user agreements, policies, and operational rules.
OKX reserves the right to verify compliance at its sole discretion. Failure to meet these requirements may result in disqualification.
Restricted Jurisdictions
Residents from or located within certain prohibited jurisdictions are not eligible to participate. These "Restricted Jurisdictions" are defined under OKX's global compliance framework. If you are currently located in one of these regions, you are not permitted to join the giveaway.
You represent and warrant that you are not a resident of, nor physically located in, any restricted area at the time of entry. Please note that OKX may adjust the list of eligible regions based on regulatory considerations.
Additional Rules and Changes
Additional eligibility criteria may be announced via OKX’s official X (@OKXSG) or Instagram (@okx_singapore) channels. OKX also reserves the right to:
- Modify giveaway terms at any time
- Disqualify users exhibiting suspicious or fraudulent behavior
- Cancel or suspend the promotion without prior notice
All decisions made by OKX regarding eligibility, winner selection, and prize fulfillment are final.
How to Enter the Giveaway
Entering is simple, free, and does not require any purchase or payment. Your odds of winning are not influenced by transaction volume or spending activity.
Entry Methods
Giveaways are hosted on X (formerly Twitter) and Instagram through OKX’s verified social media accounts.
On X (Twitter):
- Follow @OKXSG using your personal X account
- Complete all tasks specified in the official giveaway post (e.g., likes, retweets, comments, or skill-based challenges)
On Instagram:
- Follow @okx_singapore using your personal Instagram account
- Engage with the post as instructed (e.g., like, comment, tag friends, or submit creative content)
Only entries that fully comply with the stated requirements will be considered valid.
Entry Limitations
Unless otherwise stated in the promotional post:
- One (1) entry per person
- One (1) entry per household during the Giveaway Period
Attempts to bypass these limits—including creating multiple accounts, using automated systems (bots), or falsifying email addresses—will result in immediate disqualification.
In case of disputes over identity, the winner will be deemed the authorized account holder of the email linked to the OKX SG account. Proof of identification may be required.
Prize Details
Each giveaway clearly specifies:
- The total number of prizes available
- The exact nature of the prize(s)
- Eligibility conditions and deadlines
Prizes are non-transferable, cannot be exchanged for cash, and substitutions are only made at OKX’s discretion (e.g., if the original prize becomes unavailable). Winners will receive only what is explicitly listed in the giveaway announcement.
For cash-equivalent prizes, rewards will be distributed in USDC or another cryptocurrency determined by OKX. The conversion rate used is based on market data as of May 15, 2025: 1 SGD ≈ 0.77027 USDC.
Giveaway Period
The duration of each giveaway—the “Giveaway Period”—is clearly stated in the official post. Entries submitted before or after this window will not be accepted.
Winner Selection Process
Winners are selected from all eligible entries received during the Giveaway Period. Odds of winning depend on the total number of qualified participants.
OKX will finalize winner selection within 30 days after the campaign ends. All decisions are final and binding.
👉 See what past winners have received and how they claimed their rewards.
Notification and Claiming Your Prize
How Winners Are Contacted
Potential winners will be notified directly via direct message (DM) on the social media platform used for entry. You must respond within 24 hours with the required information to claim your prize.
Failure to respond within this timeframe, refusal of the prize, or undeliverable notifications will result in disqualification. An alternate winner may then be selected.
Prize Fulfillment
Once verified, prizes will be distributed within 30 days. Cryptocurrency rewards are credited directly to the winner’s OKX account.
OKX is not responsible for:
- Email filtering issues
- Full inbox errors
- Lost, stolen, or damaged physical prizes
Such cases will be treated as prize forfeiture with no compensation provided.
Shipping and Tax Considerations
Physical prizes are shipped only to locations served by DHL. OKX may cover customs costs where applicable but reserves the right to deny shipping to areas where delivery is impractical or prohibited.
Tax liabilities arising from prize receipt are the sole responsibility of the winner. OKX does not provide tax advice.
FAQs: Common Questions Answered
Q: Can I enter if I live outside Singapore?
A: No. Only legal residents of Singapore who meet age and service eligibility can participate.
Q: Do I need to make a purchase to enter?
A: Absolutely not. No purchase or payment increases your chances of winning.
Q: What happens if I win but don’t respond in time?
A: Failure to respond within 24 hours results in automatic disqualification and selection of an alternate winner.
Q: Are sub-accounts eligible for referral rewards?
A: No. Sub-accounts cannot participate, receive rewards, or act as referees.
Q: Can OKX change the giveaway rules?
A: Yes. OKX reserves the right to modify, suspend, or cancel any giveaway at any time without prior notice.
Q: How do I know if I’ve won?
A: Winners are contacted privately via DM on X or Instagram. Always check your messages regularly during the Giveaway Period.
Legal and Compliance Information
Governing Law
These terms are governed by the laws of Singapore, without regard to conflict-of-law principles. Any disputes related to the giveaway must be resolved through arbitration in Singapore under the rules of the Singapore International Arbitration Centre (SIAC).
Participants agree to resolve disputes individually—no class actions or collective litigation are permitted.
Limitation of Liability
To the fullest extent permitted by law, OKX’s total liability for any claim related to the giveaway is limited to $10 USD. We are not liable for indirect, consequential, or special damages arising from participation.
Third-party platforms like X and Instagram are not sponsors or administrators of these promotions.
Privacy Policy
By entering, you consent to OKX collecting and using your personal information for administration and prize fulfillment purposes. All data is handled in accordance with our Privacy Notice.
Final Provisions
These terms constitute the entire agreement between you and OKX regarding the giveaway. Additional announcements may be published on OKX’s website or social channels—your continued participation implies acceptance.
OKX reserves the right to:
- Investigate and disqualify users involved in fraud
- Delay reward distribution due to technical issues
- Freeze accounts engaged in wash trading, identity fraud, or other violations
For full details, refer to the OKX Terms of Service.
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