OUR TERMS AND CONDITIONS

1
NO FRAUDULENT ACTIVITIES POLICY

Fraudulent activities such as:

Scamming members of their money;
Uploading fake proof of payment, etc.

are highly prohibited and account(s) of member(s) involved in such act will be permanently blocked immediately.

Quickly report any fake proof of payment immediately, so account of the fraudulent person with SOW COINS AUCTION will be blocked immediately.
2
NO BIDDING AMOUNT DOWNGRADES POLICY

You must continue with your first bidding amount or increase to a higher amount.

If you start with N20,000, you will have to continue bidding N20,000 or amount higher than N20,000, because the system will not allow you enter any amount lower than N20,000.

If you upgrade from N20,000 to N50,000, you will not be able to bid N20,000 anymore, you will either continue with N50,000 or any amount higher than N50,000.

At SOW COINS AUCTION its forward ever and backward never!!!

3
100% 1ST AND 2ND RECOMMITMENT POLICY

Our 100% 1st and 2nd Recommitment Policy is one of the major backbone of this community Interest based project because it ensures sustainability, continuity to infinity. It erases the motion of HIT AND RUN that can crash the system.

The Recommitment Policy simply states that you MUST Recommit TWICE 100% (AKA Double Assurance) of your exact current bidding amount or a higher amount before your Cash out day which is on the 10th day (your maturity day) , without which the system will not allow you Sell your coins upon maturity.

If your first bid was N20,000, you MUST RECOMMIT by bidding another N20,000 or a higher amount two times before the 10th day that is the maturity day of your Coins, for the system to allow you Sell your first N20,000 with your 100% profit. Simply put, for you to Request to Sell the Coins Showing On Your Dashboard after its maturity, You MUST have at least 2 Completed Buys Counting Down to Maturity, Without which the System will not allow You Submit a Sell Request.

4
INVITE / REFERRAL POLICY

For our Noble Community to keep growing and expanding which will be to the benefits of all, because more members will translate to more free flow of fund within the system.

Therefore, Members are expected (not mandatory anyway) to invite, introduce, referee at least one new member (family and friends) every week.

Remember, Invite / Referral Bonus is 10% of the first amount your referrals contributed to the community.

5
PROMPT PAYMENT POLICY

You must pay for the Coins you bought and upload proof of payment accordingly within 6 hours of Live Auction, after which the system will automatically cancel the transaction and block your account if you default. And to reactivate your account will attract a fine of N20,000.

We mean business at SOW Coins Auction. So do not attempt to bid if you are not ready to pay within 6 hours if Live Auction please.

Countdown to your 10 days maturity date starts immediately the seller confirms your payment.

NOTE:
YOUR TRANSFER NARRATION MUST BE YOUR FULL NAMES ONLY. WHETHER YOU'RE TRANSFERRING FROM YOUR OWN ACCOUNT OR FROM ANOTHER PERSON'S ACCOUNT (Eg. POS VENDOR), YOUR TRANSFER NARRATION MUST BE YOUR FULL NAMES ONLY.
YOU MIGHT BE PAIRED/MATCHED TO PAY MORE THAN ONE SELLERS. SO IT IS VERY IMPORTANT TO PAY ATTENTION TO THE NUMBER OF SELLERS YOU ARE TO PAY. SO YOU WON'T PAY MONEY FOR MORE THAN ONE SELLERS TO ONLY ONE SELLER.
YOU MUST NOT OVER PAY OR UNDER PAY ANY SELLER(S).
6
PROMPT CONFIRMATION OF PAYMENT POLICY

You have only 6 hours of Live Auction in which you must confirm payment for the coins sold. After which the system will automatically cancel the transaction and block your account if you default. And to reactivate your account will attract a fine of N20,000.

We mean business at SOW Coins Auction.

So do not wait for SMS credit alert only, check your bank's mobile app or contact your bank's customer care center to confirm that your account been credited by member(s) before clicking the payment(s) confirmation button.

7
REQUEST FOR ENTRY POLICY
Request for Entry To Buy Coins During Our Live Bidding/Trading/Auctioning Must be made between 3:01pm and 12 Midnight.
Request for Entry To Sell Coins During Our Live Bidding/Trading/Auctioning Must be made between 3:01pm and 12 Midnight.
The Minimum Amount you can buy per Bidding session is N5,000, while the Maximum Amount is N500,000.
Your Referral Bonus Amount will ONLY appear at the Sell Request Entry Portal when it's upto N20,000. Meaning You can ONLY put up your Referral Bonus for Sell when it is upto N20,000.
8
48 HOURS REBIDDING POLICY

As a Member of this Noble community Interest base group, You are MANDATED TO INJECT BACK MONEY INTO THE SYSTEM BY REBIDDING AGAIN WITHIN 48 HOURS AFTER RECEIVING PAYMENT.

Simply keep your CAPITAL for yourself if you so desire and rebid again within 48 hours with your PROFIT. The system will automatically deactivate your account if you default and to reactivate your account will attract a fine of N20,000.

This is ONLY way to ensure continuous free flow of fund within our bidding community. This is extremely important for the benefits of all members.

9
DISPUTE RESOLUTION POLICY

Settlement and Sorting out of all Dispute that may arise within the community must be done only internally.

10
MANDATORY TESTIMONY POLICY

All members of this Noble community Interest base group are MANDATED TO SCREENSHOT AND POST ON OUR TELEGRAM GROUP Evidence of transfer made or Payment received and its a MUST.

You can cover your account balance before posting it.

Let us do our part to make our Telegram Platforms very exciting place for all of us by posting our credit alerts and transfer notifications in the group. For this will encourage others especially those prospects within us that are yet participate in our bidding sessions.

11
POSTING ON OUR TELEGRAM GROUP POLICY

Our Telegram platforms are mainly to promote, celebrate, congratulate and encourage each others on our bidding activities. No form of complaints, discouraging and negative write up or post will be entertained at all.

Posting of articles, broadcast, birthdays, weddings, your religious activities and programmes or any post that is not related to the activities of this Noble online community will not be entertained. No form of inciteful, provocative, insultive and abusive post against any member(s) or the community will be entertained.

Respect and value creation is our watch word in SOW Coins Auction, because we are one big online family.

DEFAULTERS will be immediately removed from our Telegram Groups to avoid unnecessary tensions and disruption of the Peace of the community.

12
POLICY AMENDMENTS, VIOLATIONS, AND ACCOUNT TERMINATION

We reserve the right to modify these Terms & Conditions at any time. Members will be notified of any significant changes.

We also reserve the right to suspend or terminate the account of member(s) if such member(s) engages in fraudulent or unethical activities, or violates the community policies.