· The fees for trading with a TetherMax account are discounted by 20% from the exchange's maximum fees. Cashback for 30% is credited to your TetherMax account daily at 11:00 UTC, and the payment time may vary depending on the exchange’s circumstances. · Commissions generated from trades executed via the broker API are not eligible for cashback. · You can check cashback rewards from TetherMax in your Spot wallet on Bybit. · During the Cashback Boost period, new users who sign up for Bybit can enjoy a boost effect (55% cashback) for 3 weeks (or 4 weeks if invited by a TetherMax KOL). · The additional rate will be paid as an event reward. · The accumulated cashback is preserved until the time of account termination for the sake of secure information protection. · Gifts and bonuses provided by the exchange are not considered valid rewards, and cashback does not occur until gifts and bonuses are used. · Each exchange has a set number of closing users, and after closing, it may be difficult to use the cashback service of that exchange. · For more detailed information regarding the fee policy, please refer to the terms of service and relevant policies of the exchange, including the detailed breakdown and calculation formulas. · Due to the circumstances of our company or the exchange, cashback conditions may change. · Also, the partnership may end due to the circumstances of our company or the exchange, and thereafter, it may be difficult to use the cashback service. · The cashback is calculated based on the net fees. · After using the MNT for 10% fee discount feature provided by Bybit, any trading fees paid in MNT are not eligible for cashback. · In the case of Bybit, withdrawal of cashback will not proceed for UIDs that have not completed KYC. · After you delet your main account, re-registration is only possible after 24 hours. · The same email address or phone number can be used a maximum of two times. · If you withdraw your account from an exchange you signed up with with a TetherMax referral code, you will not be able to withdraw cashback from TetherMax. · Effective July 1, 2026, no commission will be generated for Australian residents (KYC2-based) under Bybit's policy. Accordingly, no cashback (payback) will be provided.