(24th August 2026 – 19th October 2026)

Luno Malaysia Sdn. Bhd. ("Luno") has agreed to run a trading contest where Luno customers can win prizes based on their trading activity (the "Contest"). Without limiting the applicability of Luno's Terms of Use, Privacy Policy and the General Rewards and Promotions Terms to participants who sign up to Luno, you agree to be bound by these terms and conditions when participating in the Contest (the "Rules"). You agree to accept any decision made by Luno in terms of these Rules as final and binding.

A. Contest structure

1. Contest structure: 

The Contest runs in two consecutive phases, each with its own leaderboard and prize pool:

2. Contest Period: The Contest commences on 24 August 2026 at 00:00 (GMT+8) and ends on 19 October 2026 at 23:59 (GMT+8) ("Contest Period"). Certain obligations extend beyond the Contest Period, including the staking holding requirement in clause E.2 and prize fulfilment under clauses F.7 and F.8.

3. Eligibility: Participation is limited to Luno customers resident in Malaysia. All customers must have verified their identity to at least level 3 and must otherwise be compliant with Luno's Terms of Use ("Participants"). You will be excluded from the Contest if (i) you participate using fake or fraudulent details; (ii) you have won a prize in any Luno giveaway, promotion, contest or referral competition that closed before 24 August 2026, within the 12 months preceding that date (excluding winners of the RM100 Jom Invest promotion, who remain eligible), (iii) you fail to maintain an account in Good Standing ("Good Standing" meaning, among other things, not flagged for AML or fraud) at the time of ranking or prize disbursement, (iv) you are an employee, officer, director or contractor of Luno, its parent company or any of its subsidiaries, (v) you are an appointed agency, media partner or contractor engaged in connection with the Contest, or an employee of any of them, (vi) your account is enrolled in Luno's Market Maker programme or uses API to execute trade in order-level. 

   
   

B. Participation and earning points

1. Promo code: To participate, Participants must open the Luno app, go to the "Rewards" tab and enter the promo code LNAPEX. Registration is required once only and remains valid for both phases of the Contest Period.

2. Qualifying Trade: A "Qualifying Trade" means a filled order of RM100 or more in value, in any supported cryptocurrency pair, executed during the relevant phase after the promo code has been entered, being either:

   1. a buy or sell order on Luno's Exchange (order book), or 

   2. a buy order via Instant Buy.

3. Non-qualifying actions: Orders below RM100 earn no Points. Instant Sell transactions earn no Points. Cancelled, unfilled, partially unfilled and reversed orders, and internal transfers, earn no Points.

4. Points: Participants earn points (“Points”) during each phase as follows:

“Credited Notional” means the cumulative RM value of Qualifying Trades counted under the first and second rows of the table in clause B.4. Points under the third row of clause B.4 stop accruing once a Participant's cumulative Credited Notional reaches RM500,000 in a phase. Credited Notional above RM500,000 earns no further Points under that row.

For Luno Fees structure, please refer to clause G.7

5. Exchange milestone ladder: In addition, Participants earn one-off Points on first reaching each of the following levels of cumulative Exchange Notional (“Exchange Notional”, meaning the cumulative RM value of Qualifying Trades under clause B.2(a) only) within a phase. Each level is awarded once per phase, to a maximum of 850 Points: 
   
   
   

   Exchange Notional Reached	RM10,000 - RM 49,999	RM50,000 - RM99,999	RM100,000 - RM249,999	RM250,000 - RM499,999	RM500,000 - RM999,999	RM1,000,000
   Points	50	100	150	150	200	200

The milestone ladder applies to Exchange Notional only, and not to Instant Buy.

6. Sequence: Only Qualifying Trades made after entering the promo code will count toward Points. 

7. Anti-gaming: Participants suspected of wash trading (including buying and subsequently selling, or selling and subsequently buying the same cryptocurrency within a short span of time for the primary purpose of generating Points, rather than trading API manipulation, or the use of automated scripts, will have the relevant Qualifying Trades excluded from their Points total and/or be disqualified from the Contest, at Luno's sole discretion.)

8. Integrity review and discretionary exclusion: In addition to clause B.6 and B.7 above, Luno may at its sole and absolute discretion exclude any Participant, disregard any Qualifying Trade, or withhold or revoke any prize where it reasonably believes that a Participant has manipulated or attempted to manipulate the Contest, or has engaged in activity that does not reflect genuine trading. This includes, without limitation, the recycling of funds, coordinated activity across accounts, the use of multiple accounts, and any activity where a Participant's trading volume is not commensurate with the net funds they have deposited during the Contest Period. Luno may apply screening measures and manual review to leaderboard positions before any prize is confirmed. Luno's determination is final and binding.

   
   

C. Leaderboard

1. Publication: Luno will publish a leaderboard showing Participants' ranking and/or cumulative Points during each phase (the "Leaderboard"). No Leaderboard will be published during the first week of Phase 1 (24–30 August 2026). Publication begins in the second week.

2. Cadence and identifiers: From the second week of Phase 1 onwards, the Leaderboard will be updated and published twice weekly, every Tuesday and Friday, via Luno's official Instagram account (@luno_my) and by email to Participants. Luno does not guarantee that any Leaderboard published on a given every Tuesday and Friday reflects Qualifying Trades in real time or up to the minute of publication. There may be a delay between a Qualifying Trade being made and its reflection on the Leaderboard. Luno is not liable for any such delay, or for any decision made by a Participant in reliance on Leaderboard standings at any point in time. Leaderboards published during a phase are indicative only; final rankings are those determined by Luno after the close of the phase, following the review in clause B.8. 

   
   

D. Phase transition

1. Carry-forward: 50% of a Participant's total Phase 1 Points carries forward into Phase 2, capped at 250 Points. A Phase 1 total above 500 Points therefore carries forward as 250 Points. Points do not otherwise carry forward. Phase 1 Points and Phase 1 ranking confer no entitlement to any Phase 2 prize.

2. Phase 1 podium exclusion: Participants who finish in ranks 1, 2 or 3 of the Phase 1 Leaderboard, and Participants who receive a Phase 1 ticket prize, are not eligible to win any Phase 2 prize. Such Participants may continue to earn Points and appear on the Phase 2 Leaderboard but will be excluded from Phase 2 prize determination and from the Phase 2 random draw.

   
   

E. Phase 2 

1. Full details of the Phase 2 bonus, including qualifying assets, tiers, and Points floors, will be published by Luno on its website no later than 3 calendar days before the commencement of Phase 2. Nothing in this clause obliges Luno to offer a bonus of any particular form, and Luno may amend the mechanics at any time prior to publication in accordance with clause G.1.

   
   

F. Prizes

1. Determination of Winners: At the close of each phase, and following the review, Luno will determine the final Leaderboard and award prizes as set out in clauses F.2 and F.3. Where two or more Participants hold equal Points, the Participant who reached that Points total earliest by timestamp ranks higher.

2. Phase 1 prizes: 

3. Phase 2 prizes: 

4. Random draw: Random draw winners will be selected via RANDOM.ORG from Participants ranked between 4th and 200th on the final Phase 1 Leaderboard, and between 4th and 200th on the final Phase 2 Leaderboard, excluding those already awarded a ranked prize for that phase. Each eligible Participant receives one entry and all entries carry an equal chance.

5. A Participant will receive only one prize per prize category and per phase. If a Participant qualifies for a ranked prize and is separately drawn in the random draw for the same phase, they will receive the higher-value prize only and a redraw will occur. BTC prizes are stated as fixed MYR amounts. The quantity of BTC credited will be calculated using Luno's BTC/MYR exchange rate at the time of disbursement into the winner's Luno wallet, at Luno's sole discretion.

6. Contacting and announcing winners: Winners will be contacted directly by email within 3 days of the announcement of winners. Luno is not liable for any winner's failure to receive notices due to spam or junk filtering or for any other reason. Winners may be required to complete a competition release form and provide valid identification before receiving a prize. If a winner's identity cannot properly be verified, or a winner cannot be contacted within 3 calendar days, the prize will be forfeited and the next eligible Participant selected. Winners may be announced on any of Luno's official channels, including Instagram (@luno_my), Facebook and X, but Luno is not obliged to do so. If confirmed as a winner, you agree to Luno publishing your full name and partial identity information in accordance with clause G.4 below. 

7. Third-party event tickets: Ticket prizes are subject to the ticket issuer's and event organiser's own terms and conditions, including entry requirements, seating allocation and event date changes, and are fulfilled strictly in accordance with the ticketing processes, rules and regulations of the relevant third-party event organiser. Each winner is solely responsible for ensuring that the winner and any accompanying guest comply with all admission requirements set by that organiser, including any age or identification requirements. Luno is not liable for any ticket cancellation, revocation, voidance or refused entry imposed by any third party, nor for event cancellation, postponement or rescheduling by the organiser, and is not obliged to provide any replacement, cash equivalent or alternative compensation.

8. Ticket prizes exclude transport, accommodation, meals, visa, insurance and any other incidental costs, which are the sole responsibility of the winner. Tickets are subject to seat category availability at the time of allocation; Luno is not responsible for any changes to seating arrangements or circuit policies.

   
   

G. General

1. Subject to change: Luno reserves the right to hold, void, cancel, suspend, adjust or amend the Contest at any time, and to substitute any prize with another of similar value without prior notice. All decisions made by Luno in relation to any aspect of the Contest are final, binding and conclusive, and no correspondence or appeal will be entertained.

2. The Contest is organised solely by Luno. It is not sponsored, endorsed, administered by or associated with any motorsport series, championship, sanctioning body, promoter, team or event organiser. Any reference in these Rules or in Contest materials to a motorsport or motorcycle racing event is for the sole purpose of identifying the event to which prize tickets grant admission, and does not imply any partnership, sponsorship, licence or endorsement. All third-party names, marks and logos remain the property of their respective owners.

3. By participating, each Participant irrevocably consents to Luno and its authorised representatives capturing photographs, video recordings and other audiovisual material of the Participant in connection with the Contest, including at prize presentation and delivery events, winner announcement events, and any marketing, promotional or audit activities connected to the Contest.

4. Each Participant consents to Luno using their full name, partial identity information (for example, "JOHN DOE - xxxxxx-xx-1234"), photograph, video, likeness and Contest-related statements, without compensation, for publication on Luno's official social media platforms, on Luno's website and the campaign page, and in internal and external marketing and promotional materials.

5. Any personal information provided to Luno for the purposes of the Contest will be treated in accordance with Luno's Privacy Policy and clauses F.6, G.3 and G.4. Contest entrants who sign up to Luno and expressly agree to receive marketing will be entered into Luno's marketing email database.

6. The Contest is a promotional trading contest. Nothing in the Contest or in these Rules constitutes financial, investment or tax advice, a recommendation to buy, sell, hold or stake any crypto asset, or any representation as to future returns. The value of crypto assets can fall as well as rise. Dealing in digital assets involves significant risks. The value of digital assets is highly volatile, and you could lose money. You should carefully consider whether this is right for you and your financial situation. Read our Terms and Risk Warning here before trading:

   1. https://www.luno.com/en-my/legal/risks

   2. https://www.luno.com/en-my/legal/terms-of-use

7. Trading fees: Standard Luno fees apply to all trades made during the Contest Period, including Qualifying Trades. Participation in the Contest does not reduce, waive or otherwise affect any applicable fee, and fees apply regardless of whether a trade earns Points. As at the date of these Rules:

   1. Instant Buy and Instant Sell transactions are charged a flat fee of 2% of the transaction value, for both buying and selling crypto; and

   2. Exchange (order book) trades are charged according to the Participant's 30-day trading volume tier, at the maker and taker rates from 0.6% to 0%: https://guide.luno.com/hc/en-gb/articles/14581451031709-Luno-fees-and-limits-in-Malaysia