Terms and Conditions of the MiCAR Promotion

Eligibility

The MiCAR Promotion (hereinafter also the ”Promotion”) is reserved for new clients — natural persons of legal age or legal entities resident or established in Italy — who do not hold a CheckSig account as at the Promotion’s start date.

A ”new client” means any natural person or legal entity who, as at the Promotion’s start date, does not hold a CheckSig account and has not begun the registration or account-opening process.

The following are not considered new clients: parties who, before the Promotion’s start date, previously held a CheckSig account that was later closed, or who act on behalf of a party that is already a client or otherwise not eligible for the Promotion.

Duration of the promotion

The Promotion Period runs from 08/06/2026 to 31/07/2026 (first and last days included), save for extensions, changes, or interruptions that will be communicated through the official website www.checksig.com or equivalent channels, as provided for in these Terms and Conditions.

Description of the programme

For new clients who meet the eligibility conditions, the Promotion provides for the waiver of the fees applied by CheckSig on the first crypto-asset purchase order made with fiat currency (fiat ⇒ crypto) through CheckSig.

To benefit from the Promotion, the new client must correctly open and activate a CheckSig account during the Promotion Period and enter the promo code MiCAR when opening the account at my.checksig.com/register or on the CheckSig app.

Opening the account is free. The client is not subject to any minimum holding period and may request the closure of the account at any time, in accordance with the applicable contractual conditions.

The benefit is applied automatically at the order stage on the first crypto-asset purchase made with fiat currency (fiat ⇒ crypto), provided that the Promotion has been validly activated and the client meets the requirements set out in these Terms and Conditions.

The first purchase may also be made after the end of the Promotion Period, provided that the account was correctly opened and activated within that period and the promo code was validly entered.

The benefit does not apply to crypto-asset sale orders, crypto-to-crypto exchange orders, tax services, training services, spreads, network costs, bank fees, third-party charges, duties, taxes, or any costs other than the CheckSig fees relating to the first crypto-asset purchase order made with fiat currency.

There is no minimum order amount, nor any specific maximum cap on the benefit, save for the operational, regulatory, technical, and contractual limits applicable to CheckSig services.

Should the first purchase order be cancelled, rejected, or not executed, the benefit is deemed not to have been used. In the event of partial execution, the benefit applies to the fees relating to the portion of the order actually executed and is deemed to have been used.

Limitations and restrictions

Non-combinability

The Promotion cannot be combined with other promotional initiatives that provide for the waiver, reduction, or refund of the fees applicable to the same order or the same service, unless otherwise indicated by CheckSig.

Where more than one promotion is abstractly applicable to the same order, CheckSig will apply the promotion most favourable to the client, where this can be determined; otherwise, a single promotional formula will be applied.

One account only

The Promotion is limited to one account per natural person or legal entity. The creation or attempted creation of multiple accounts by the same party will result in automatic exclusion from the Promotion and the revocation of any benefits not yet enjoyed.

Revocation or amendment of the Promotion

CheckSig may amend, suspend, extend, or interrupt the Promotion for justified reasons, including technical, organisational, regulatory, security, abuse-prevention, or force majeure reasons. Changes will be communicated through the official website www.checksig.com or through the contact channels usually used with clients.

Changes will not have retroactive effect and will not prejudice the benefits already validly accrued or enjoyed by clients before the relevant communication, except in the case of abusive or fraudulent use of the Promotion.

Account closure

If the client closes the account before the first crypto-asset purchase order is executed, they will not be able to enjoy the promotional benefit. Closing the account does not affect orders already executed or benefits already validly enjoyed before closure.

Limitation of liability

To the extent permitted by applicable law, CheckSig cannot be held liable for:

A. the incorrect, incomplete, or late entry of the promo code by the client;

B. the failure to complete or activate the account within the Promotion Period for reasons not attributable to CheckSig;

C. temporary unavailability of services due to maintenance, security, force majeure, or events beyond CheckSig’s reasonable control;

D. costs, fees, charges, or taxes applied by third parties or otherwise not attributable to CheckSig;

E. the improper, abusive, or fraudulent use of the Promotion by the client or by third parties.

CheckSig’s liability remains unaffected in cases of wilful misconduct or gross negligence, and in all cases where liability cannot be excluded or limited under applicable law, including consumer-protection legislation.

Improper use

The Promotion is intended to offer new clients the waiver of the CheckSig fees relating to the first crypto-asset purchase made with fiat currency, in compliance with these Terms and Conditions.

Any conduct that, on the basis of objective and verifiable elements, proves to be fraudulent, abusive, or contrary to the purposes of the Promotion may result in the client’s exclusion from the Promotion and the revocation of any benefits not yet enjoyed.

Prohibited conduct includes, by way of example and without limitation:

A. the creation or attempted creation of multiple accounts attributable to the same party;

B. the falsification or alteration of data, documents, or information provided to CheckSig;

C. the use of the promo code in a manner that does not comply with these Terms and Conditions;

D. the opening or management of accounts on behalf of third parties for the sole purpose of obtaining promotional advantages;

E. any conduct aimed at circumventing the participation requirements or the controls established by CheckSig.

CheckSig may verify the legitimacy of participation and adopt the measures reasonably necessary to prevent or correct abuse, in compliance with applicable law.

Amendments

CheckSig reserves the right to amend, suspend, or terminate the MiCAR 2026 Promotion at any time, including before its scheduled end.

Any amendments, suspensions, extensions, or interruptions of the Promotion will be communicated by publication on the official website www.checksig.com or through the usual communication channels with clients.

Amendments will take effect from the date indicated in the relevant communication and will not have retroactive effect on transactions already completed and correctly recorded during the Promotion’s validity, except in the case of abusive or fraudulent use.

Processing of personal data

For the processing of personal data, please refer to the Privacy policy available at the following link.

Governing law

These Terms and Conditions are governed by and construed in accordance with Italian law.

Contacts

For any request or assistance, please contact the customer support team by writing an email to [email protected].

MiCAR warning and risk information

Purchasing crypto-assets entails risks, including price volatility, technological and market risks, and the risk of total or partial loss of the invested capital. The Promotion does not constitute financial, tax, or investment advice, does not represent a purchase recommendation, and does not guarantee any return.