Last updated: [fill in date]. This is a starting draft — have it reviewed by a lawyer familiar with your jurisdiction's rules on prize/rewards platforms before relying on it, especially around real-money payouts.
Coinlyft lets you earn points by completing offers — installing apps, completing registrations, trading, shopping, surveys, and games — that are made available by third-party advertisers. Points can be redeemed for UPI cash or gift cards once you reach the required balance for a given reward.
You must be at least 18 years old to create an account and redeem rewards. One account per person. Creating multiple accounts to claim signup bonuses, referral rewards, or offer payouts more than once is not allowed (see Section 5).
Points are credited when an advertiser confirms you've completed an offer's requirements. Advertiser confirmation can take time, and in some cases an offer can be reversed by the advertiser after the fact (for example, if a signup is later found to be fraudulent, or an app install doesn't meet the advertiser's minimum engagement requirement) — in which case the associated points may be removed from your balance.
Redeemable rewards currently include:
Redemption requests are reviewed manually before approval — this typically takes [fill in your real turnaround time, e.g. "1-3 business days"]. We reserve the right to decline a redemption request where fraud, duplicate accounts, or offer reversal is suspected, and will explain the reason if that happens.
To keep the point pool fair for everyone, we monitor for duplicate accounts registered from the same device and for other patterns of abuse. Accounts found to be duplicates, or engaged in offer fraud, referral fraud, or automated/bot activity, may be suspended, and any pending or completed redemptions tied to those accounts may be withheld or reversed.
You can refer friends using your personal referral link. Referral rewards are credited according to the current referral program terms shown on the Referral page, and are subject to the same fair-use rules in Section 5 — referring accounts you control yourself is not permitted.
Offers, point values, and redemption catalog items may change or be removed at any time, since they depend on third-party advertiser availability. We'll aim to honor points already earned even if a specific offer is later removed.
You can stop using Coinlyft at any time. We may suspend or terminate accounts that violate these terms, including for the fraud/abuse reasons described in Section 5.
Questions about these terms or a specific redemption can be sent to [fill in a real support email].