Thank you for choosing Hata. These Competition Terms are supplemental to and shall be read together with the Hata Terms of Use and Privacy Policy, each as may be amended, supplemented or updated from time to time (collectively, the “Hata Services Terms”). Where a term is defined in both the Hata Services Terms and these Competition Terms, the definition in these Competition Terms shall prevail for the purposes of this Competition only.
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By submitting the Google Form or otherwise registering to participate in the Hata Trading Competition (the “Competition”) in the manner prescribed by Hata, you acknowledge that you have read, understood and agree to be bound by these Competition Terms and the Hata Services Terms. If you do not agree to these Competition Terms and/or the Hata Services Terms, you must not participate in the Competition.
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1.1. The Competition is organised by Hata Digital Sdn. Bhd. (“Hata”, “we”, “us” or “our”).
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1.2 The Competition is made available only on Hata Digital Sdn. Bhd. made available through Hata.io (“Hata’s Platform”), and applies only to eligible trading activity carried out on Hata’s Platform during the Competition Period. For the avoidance of doubt, Hata’s Platform refers only to the Malaysia platform and services operated by Hata Digital Sdn. Bhd. and does not include any global platform, product or service operated by any other Hata entity."
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1.3. These Competition Terms govern the participation of eligible users in the Competition, including eligibility, qualifying activity, ranking methodology, prize entitlement, disqualification, and related matters.
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1.4. The Competition details, including the Competition Period, prize structure, winner categories, campaign visuals, leaderboard, announcements, registration form, and such other operational or promotional details as Hata may determine, may be set out on the relevant competition page, announcement page, landing page, user interface, email, notification, Google Form, or such other communication channels designated by Hata from time to time (collectively, the “Competition Materials”). In the event of any inconsistency between the Competition Materials and these Competition Terms, these Competition Terms shall prevail unless expressly stated otherwise by Hata.
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2.1. To be eligible to participate in the Competition, a person must, throughout the Competition Period:

(a) be a registered user of the Hata Malaysia platform;

(b) hold a valid, active and fully verified Hata account in good standing;

(c) satisfy all onboarding, know-your-customer, customer due diligence, source of funds, risk review, and compliance requirements imposed by Hata from time to time;

(d) not be subject to any account suspension, restriction, freeze, review, investigation, or other limitation imposed by Hata; and

comply with these Competition Terms, the Hata Services Terms, and all applicable laws, rules, regulations, directives, guidelines and regulatory requirements.

2.2. Participation in the Competition is not automatic. To participate in the Competition, an eligible user must register for the Competition during the Competition Period by submitting the Google Form or such other registration mechanism as Hata may prescribe. Only eligible users who have successfully completed such registration process shall be eligible to participate in the Competition.

2.3. Hata may prescribe the method, steps, timing, cut-off, and conditions for registration through the Google Form, Hata’s Platform, or the applicable Competition Materials.

2.4. Hata may exclude from participation any employee, director, officer, intern, contractor, consultant, service provider, campaign administrator, internal account, treasury account, affiliate account, market maker account, liquidity provider account, or such other person or account as Hata may determine to be inappropriate or ineligible for participation in the Competition.
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3.1. The Competition shall commence on 27 April 2026 and end on 26 June 2026, being a period of approximately two (2) months (the “Competition Period”), unless extended, shortened, suspended, modified or terminated by Hata in accordance with these Competition Terms.

3.2. Hata reserves the right to vary the Competition Period at any time, with or without prior notice, where reasonably necessary for legal, regulatory, compliance, fraud prevention, operational, technical, security, or campaign administration reasons.
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4.1. For the purposes of the Competition, only trades that satisfy all of the following conditions shall be treated as eligible qualifying trades (“Qualifying Trades”):
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(a) the trades are executed during the Competition Period;

(b) the trades are executed on Hata Malaysia’s Platform;

(c) the trades involve trading pairs listed on Hata’s Platform during the Competition Period;

(d) the trades are successfully matched and completed;

(e) the trades are executed after the participant has successfully completed the registration process for the Competition, unless otherwise expressly stated by Hata; and

(f) the trades are recorded by Hata’s internal systems as valid and eligible for the Competition.

4.2. Unless otherwise expressly stated by Hata, all DAX-listed trading pairs made available on Hata’s Platform during the Competition Period shall be included for purposes of the Competition.

4.3. For the avoidance of doubt, the following shall not count as Qualifying Trades unless Hata expressly determines otherwise:

(a) cancelled, reversed, rejected, voided, failed, or incomplete trades;

(b) trades arising from system error, pricing error, manifest error, or technical malfunction;

(c) trades that are subsequently adjusted, reversed, invalidated, or disallowed by Hata;

(d) fictitious, manipulative, abusive, wash, circular, self-matched, collusive, or otherwise non-bona fide trades; and

(e) such other trades or activity as Hata may determine to be ineligible in its sole and absolute discretion.
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4.4. Hata’s records and internal systems shall be final and conclusive in determining whether any trade, transaction, activity, volume, or fee is eligible for the Competition, save for manifest error.
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5.1. Winners shall be ranked based on their total Eligible Taker Trading Volume generated from Qualifying Trades during the Competition Period.

5.2. For the purposes of these Competition Terms:

(a) “Eligible Taker Trading Volume” means the total trading volume generated from completed and eligible taker-side Qualifying Trades during the Competition Period, as calculated and recorded by Hata; and

(b) “Eligible Trading Volume” means the total trading volume generated by a participant from completed and eligible Qualifying Trades during the Competition Period, as calculated and recorded by Hata.

5.3. For the avoidance of doubt, only taker-side Qualifying Trades shall contribute to Eligible Taker Trading Volume for ranking purposes, unless otherwise expressly stated by Hata.

5.4. The top ten (10) participants with the highest Eligible Taker Trading Volume at the end of the Competition Period shall be the winners of the Competition, subject to final verification by Hata.

5.5. Leaderboard rankings, campaign statistics, and interim standings displayed during the Competition Period may be delayed, approximate, provisional, or subject to update, adjustment, reconciliation, fraud review, compliance review, and final verification by Hata.

5.6. Final rankings shall only be confirmed by Hata after the end of the Competition Period and after completion of such reviews, checks, and internal verification procedures as Hata may determine.

5.7. In the event of a tie in Eligible Taker Trading Volume, the participant with the higher Eligible Trading Volume shall rank higher. If the tie still remains, the participant who first achieved the relevant Eligible Taker Trading Volume shall rank higher, as determined by Hata’s internal records.

6.1. Users must participate in the Competition fairly, lawfully, and in good faith.

6.2. Without limiting any other rights of Hata under the Hata Services Terms or otherwise, Hata reserves the right to disqualify, suspend, exclude, remove from the leaderboard, withhold prizes from, or otherwise take action against any participant or account that Hata determines, in its sole and absolute discretion, to have engaged in any of the following:
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(a) wash trading, self-trading, self-matching, circular trading, or fictitious trading;

(b) market manipulation, abusive trading conduct, collusive conduct, or any activity intended to artificially inflate trading volume, rankings, or campaign results;

(c) the use of multiple accounts, third-party accounts, nominee accounts, proxy accounts, or account splitting to gain an unfair advantage;

(d) the use of bots, scripts, automation tools, exploitation methods, or unauthorised technical means;

(e) any breach of these Competition Terms, the Hata Services Terms, or any applicable law or regulatory requirement;

(f) any fraudulent, misleading, suspicious, dishonest, illegal, or bad-faith conduct; or

(g) any conduct that, in Hata’s opinion, undermines or may undermine the integrity, fairness, security, proper operation, or reputation of the Competition or Hata’s Platform.

6.3. Hata may investigate any user, account, trade, transaction pattern, trading behaviour, or other conduct for purposes of determining eligibility, validity of rankings, integrity of the Competition, or compliance with these Competition Terms.

6.4. You agree to provide any documents, explanations, confirmations, declarations, or other assistance reasonably requested by Hata in connection with any such review or investigation.

6.5. Hata’s decision on any matter relating to prohibited conduct, abuse, manipulation, disqualification, or ineligibility shall be final and binding, save for manifest error.
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7.1. Eligible participants who are finally determined by Hata to be winners of the Competition may receive the prizes described in the applicable Competition Materials (the “Prizes”).

7.2. The top ten (10) eligible participants ranked in accordance with Clause 5 shall be entitled to receive the Prizes, subject to final verification by Hata. The prize tiers and prize values shall be as set out in the Competition Materials.

7.3. Unless otherwise stated by Hata:

(a) Prizes are non-transferable, non-assignable, non-exchangeable, and not redeemable for cash other than where the Prize itself is expressly stated to be a cash prize;

(b) no Prize shall be deemed earned, vested, payable, or due until Hata has completed its final verification and confirmed the winner; and

(c) Hata may require a winning participant to complete additional verification, compliance checks, declarations, acknowledgements, tax forms, or such other documentation as Hata may require before any Prize is awarded.

7.4. Where a winning participant fails to satisfy the eligibility requirements, fails to provide information or documents requested by Hata, fails to cooperate with verification, is found to have engaged in prohibited conduct, or is otherwise disqualified, Hata may forfeit that participant’s Prize and award it to the next eligible participant or otherwise deal with the Prize in such manner as Hata may determine.

7.5. Any taxes, duties, levies, fees, costs, expenses, or charges arising from or in connection with any Prize shall be borne solely by the relevant participant unless expressly stated otherwise by Hata.

7.6. The Prize(s) for the Competition shall be in such form and of such nature as Hata may determine and specify in the applicable Competition Materials, including cash, vouchers, gadgets, credits, promotional benefits, or other prizes or benefits.
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8.1. Subject to final verification, Hata shall endeavour to distribute or fulfil Prizes within thirty (30) days after the end of the Competition Period, or within such longer period as may reasonably be required for operational, compliance, fraud review, verification, or administrative purposes.

8.2. Hata may fulfil Prizes by such method as Hata considers appropriate, including by crediting the participant’s Hata account, transferring funds, issuing vouchers or credits, arranging for collection, or coordinating physical delivery, depending on the nature of the Prize.

8.3. Hata shall not be liable for any delay, failure, or inability to fulfil or deliver any Prize arising from:

(a) incomplete, inaccurate, outdated, or incorrect information provided by the participant;

(b) the participant’s failure to respond, cooperate, or complete verification or documentation requirements;

(c) third-party vendor, supplier, courier, payment, or service provider issues;

(d) legal, regulatory, compliance, fraud, sanctions, or risk-related reasons;
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(e) any event beyond Hata’s reasonable control.

8.4. If Hata discovers, whether before or after Prize fulfilment, that a participant was not in fact eligible, or that a Prize was awarded due to error, fraud, manipulation, ineligible activity, or breach of these Competition Terms, Hata reserves the right to withhold, cancel, forfeit, reverse, or recover the Prize or its value to the fullest extent permitted by law.
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9.1. Hata may maintain and display a leaderboard during the Competition Period showing the ranking of participants based on their Eligible Taker Trading Volume. Such leaderboard may be updated on a weekly basis or at such other intervals as Hata may determine.

9.2. Hata may publish or announce the top twenty (20) or such number as determined by Hata participants on a weekly basis through Hata’s website, social media channels, or such other communication channels as Hata may determine. Final rankings and winners shall be determined and announced by Hata after the end of the Competition Period, subject to final verification.

9.3. Unless otherwise stated by Hata, any public leaderboard or winner announcement shall identify participants only by user ID or such other limited identifier as Hata may determine, and not by the participant’s full legal name.

9.4. By registering for and participating in the Competition, each participant acknowledges and agrees that Hata may publish or announce the participant’s user ID, ranking, winner status, and/or Prize entitlement on Hata’s website, social media channels, and/or other official communication channels for purposes related to the administration, promotion, and announcement of the Competition, subject always to applicable law and Hata’s Privacy Policy.
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​10.1. Participation in the Competition does not alter the risks associated with trading on Hata’s Platform.

10.2. You acknowledge and agree that trading digital assets involves substantial risk, including but not limited to the risk of volatility, loss of capital, liquidity issues, slippage, execution delay, market movement, pricing fluctuations, and technological or operational issues.

10.3. Hata does not guarantee that participation in the Competition will result in any profit, return, benefit or Prize.

10.4. You remain solely responsible for all trading decisions made by you and for assessing whether participation in the Competition is appropriate in light of your own financial position, investment objectives and risk tolerance.
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11.1. Nothing in these Competition Terms limits Hata’s rights under the Hata Services Terms to suspend, freeze, restrict, review, reject, block, reverse, investigate, or otherwise act in relation to any account, trade, transaction, withdrawal, deposit, or user for legal, regulatory, compliance, fraud prevention, sanctions, operational, risk, or security reasons.

11.2. Hata may withhold or refuse any Prize where Hata believes, in its sole and absolute discretion, that such action is necessary or appropriate to comply with applicable law, regulatory expectations, sanctions requirements, internal compliance policies, court orders or risk controls.

11.3. Hata may recalculate rankings, adjust campaign results, remove trades from consideration, or amend the Competition outcome where Hata determines that any relevant trade, transaction, activity, or account was invalid, suspicious, ineligible, abusive, unlawful, erroneous or non-compliant.
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12.1. Hata reserves the right, at any time, to amend, vary, supplement, replace, suspend, postpone, cancel, discontinue, or terminate the Competition or these Competition Terms, in whole or in part, where reasonably necessary for legal, regulatory, compliance, fraud prevention, technical, operational, security or campaign integrity reasons.

12.2. Hata may also amend the Competition mechanics, competition metric, eligibility criteria, ranking methodology, Prize structure, or Competition Period where reasonably required, provided that Hata shall use reasonable efforts to communicate such changes through the Competition Materials or such other communication channels as Hata may determine.

12.3 Continued participation in the Competition after any such update constitutes acceptance of the updated Competition Terms and/or Competition Materials.

13.1. By participating in the Competition, you acknowledge and agree that Hata may collect, use, process, disclose, store, and retain your personal data, account data, trading activity data, transaction data, and campaign-related data for purposes including:

(a) administering and operating the Competition;

(b) determining eligibility, rankings, and Prize entitlement;

(c) carrying out verification, fraud checks, compliance review, audit, and risk management;

(d) contacting you in relation to the Competition;

(e) announcing winners or leaderboard positions in accordance with these Competition Terms; and

(f) complying with legal, regulatory, reporting, and operational requirements.

13.2. Such collection, use, processing, disclosure, storage, and retention shall be carried out in accordance with the Hata Services Terms, including the applicable Privacy Policy.
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14.1. Participation in the Competition does not create any agency, partnership, joint venture, employment, fiduciary, or other special relationship between a participant and Hata.

14.2. Nothing in these Competition Terms shall confer on any participant any right to represent Hata or bind Hata in any manner whatsoever.

15.1. To the fullest extent permitted by law, Hata shall not be liable for any loss, damage, cost, claim, expense, liability, or injury arising out of or in connection with:
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(a) participation or attempted participation in the Competition;

(b) any inability to participate in the Competition;

(c) any error, interruption, delay, defect, omission, discrepancy, or inaccuracy in any leaderboard, campaign display, ranking, communication, or system;

(d) any disqualification, withholding, forfeiture, reversal, substitution, cancellation, or non-award of any Prize;

(e) any market movement, trading loss, loss of opportunity, or loss arising from trading decisions made by any participant; or

(f) any amendment, suspension, cancellation, or termination of the Competition.
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15.2. Nothing in these Competition Terms shall exclude or limit any liability that cannot lawfully be excluded or limited under applicable law.

16.1. You agree to indemnify and hold harmless Hata, its affiliates, related corporations, directors, officers, employees, agents, service providers, contractors, and representatives from and against any and all losses, liabilities, claims, damages, costs, and expenses (including reasonable legal fees) arising out of or in connection with:
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(a) your breach of these Competition Terms or the Hata Services Terms;

(b) your breach of any applicable law, rule, or regulation;

(c) your fraudulent, abusive, manipulative, or unlawful conduct;

(d) any misuse of the Competition or the Hata’s Platform by you; or

(e) any dispute arising from your participation in the Competition or your claimed entitlement to a Prize.

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17.1. Hata’s decisions in relation to the Competition, including eligibility, qualifying activity, competition metric, ranking, disqualification, Prize entitlement, Prize forfeiture, and interpretation of these Competition Terms, shall be final and binding, save for manifest error.

17.2. Hata shall not be obliged to provide detailed reasons for any decision unless required by applicable law.

18.1. These Competition Terms shall be governed by and construed in accordance with the laws governing the Hata Malaysia platform as set out in the Hata Services Terms.
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18.2. Any dispute arising out of or in connection with these Competition Terms or the Competition shall be subject to the dispute resolution, jurisdiction, and forum provisions set out in the Hata Services Terms, unless otherwise expressly stated by Hata.