BUIDL Reward Terms and Conditions (UAE)

Publicado a 24/02/2026

1. Introduction and Regulatory Status

a. These Terms and Conditions ("Terms") govern your participation in the BUIDL Reward Programme (the "Service"). OKX Middle East Fintech FZE ("OKX ME")is regulated by the Virtual Assets Regulatory Authority (VARA) of Dubai. OKX holds a VASP Licence for VA Lending and Borrowing Services, VA Management and Investment Services, VA Exchange Services, and VA Broker-Dealer Services.

b. By participating, you confirm you have read, understood, and irrevocably accepted these Terms. If you do not agree with any of these Terms, please immediately refrain from using this Service.

c. These Terms supplement the OKX ME Terms of Service found here. In the event of any conflict, these Terms shall take precedence regarding the BUIDL Reward Programme.

2. The BUIDL Reward Programme

a. BUIDL is a token representing a stake in the BlackRock USD Institutional Digital Liquidity Fund ("BUIDL Fund").

b. OKX ME may, at its sole discretion, issue rewards denominated in BUIDL tokens ("Rewards") to customers who custodise BUIDL on the platform.

c. Important Disclosure: Rewards are discretionary payments from OKX ME. They do not represent yield generated by underlying assets, not do they constitute funds received from BlackRoack, Securitize Markets LLC, or its affiliates.

d. OKX ME reserves the right to modify the Reward rate ("APY"), change eligibility, or discontinue the programme at any time without notice.

3. Reward Calculation and Distribution

a. Rewards shall accrue daily provided your minimum balance is at least 1 BUIDL during a 24-hour period (from 00:00 to 23:59 UTC+8).

b. The amount of Rewards accrued is based on the lowest recorded balance of BUIDL during such period multiplied by the prevailing APR rate as published by OKX from time to time.

c. Accrued Rewards are distributed to your Account weekly.

d. Estimates of APY published on the website are for informational purposes only, and may not reflect actual Rewards received or compounding effects.

4. Eligibility and Participation

a. This Service is only available to eligible OKX ME customers who have completed advanced identity verification ("KYC") and any required Suitability Assessments under VARA regulations.

b. All applicable direct or indirect taxes, as well as any fees or additional expenses arising from the acceptance, receipt and use of Rewards under this Service, shall be the sole responsibility of the customer. This includes, without limitation, any connection, installation, or service-related charges.

c. You may opt out of or back into BUIDL Reward Programme at any time through your account settings.

d. While Blackrock distributes returns on BUIDL tokens to OKX ME, Rewards do not represent yields generated by the underlying assets. We are under no obligation to pay out Rewards. Once Rewards are paid, such Rewards remain under your control at all times. OKX ME will not utilise your funds without your explicit permission. Your Rewards and account type are determined solely by OKX ME. Pursuant to 2(d) above, OKX ME strongly recommends that you review these Terms and any updates regularly to stay informed of any applicable changes.

5. Mandatory Risk Disclosures

a. Virtual Assets (including BUIDL) are not legal tender and are not backed by any government. OKX ME is not a bank, or depository institution, and your BUIDL balance is not a protected deposit.

b. The APR offered by OKX ME is independent of and may not align with prevailing market rates for traditional bank deposit accounts or the reward rates for BUIDL published by Blackrock or other institutions.

c. Participation in this programme involves significant risk. Virtual assets are subject to extreme volatility and may lose their value.

d. This Service is not,

i. investment advice or an investment recommendation;

ii. an offer or solicitation, buy or sell crypto/digital assets; or

iii. financial, accounting, legal or tax advice.

e. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult a legal/ tax/investment professional for questions about your specific circumstances. Crypto/digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, can lose value. Past performance or historical returns are not indicative of future returns or future results. OKX ME is not responsible for any potential losses. Not all products are offered in all regions and this activity may be limited or not offered across some markets. Neither BUIDL tokens nor the Rewards benefit from any statutory investor protection or insurance scheme in the UAE.

f. OKX reserves the right to monitor participant behavior during the event and to disqualify any user it deems to have engaged in fraudulent, abusive, or otherwise irregular conduct. Prohibited conduct includes, but is not limited to: registering multiple accounts, using accounts or personal information belonging to others, submitting falsified KYC documentation, manipulating trading volume, engaging in wash trading or self-dealing, repeatedly recycling on-chain funds, participating in reward farming groups, or any other illegal, deceptive, or harmful activities. OKX reserves the right to revoke a participant’s eligibility without prior notice in the event of any such conduct.

6. General Provisions

a. OKX ME reserves the right to interpret these Terms of this Service as it sees fit. It reserves the right to modify these Terms at any time, exclude any participants from this Service, and/or cancel this Service without notice.

b. For more details, please refer to the OKX ME Terms of Service and Risk & Compliance Disclosure.

d. If there is a discrepancy between the English version of these Terms and any translations in other languages, the English version shall prevail.

e. These Terms, and any non-contractual obligations arising out of or in connection with them, shall be governed by, and construed in accordance with, the laws of the Emirate of Dubai and the federal laws of the United Arab Emirates applicable therein. You acknowledge that the regulatory framework established by the VARA, including but not limited to the Market Conduct Rulebook and Broker-Dealer Services Rulebook, shall apply to all instructions and transactions executed hereunder.

f. Any dispute, difference, controversy, or claim arising out of or in connection with these Terms, including any question regarding its existence, validity, interpretation, performance, or termination, shall be subject to the exclusive jurisdiction of the Courts of the Dubai International Financial Centre (DIFC). You irrevocably waive any objection which it may now or hereafter have to the laying of the venue of any proceedings in such courts and any claim that any such proceedings have been brought in an inconvenient forum.