Last Updated: July 23, 2019

These are the Terms and Conditions of the Referral Program operated by Plutus Financial, Inc. d/b/a Abra, which is referred to in these Terms as “Abra”, “we” or “us”.

Eligibility and Agreement. If you use our Referral Program, these Terms apply. If you do not agree to these Terms, you must not use our Referral Program. If you use our Referral Program, you agree to do so in compliance with these Terms and with applicable laws and regulations.

Changes to These Terms. We may make changes to these Terms, including when there are changes in our Referral Program, technology, regulation or for other reasons. If we do, we will provide you with notice of such changes by posting the updated Terms on our website and changing the “Last Updated” date above. Any amended Terms will become effective no earlier than 5 days after they are posted and apply prospectively to use of the Referral Program after such changes become effective, except that changes addressing new functions of the Referral Program or changes made for legal reasons will be effective immediately. Your continued use of the Referral Program following the effective date of such changes will constitute your acceptance of such changes. If you do not agree to any amended Terms, you must discontinue using the Services.

You must be 18 years of age and older.  Employees of Booking Holdings Inc. and its affiliates, as well as participants (including their representatives and staff members) in the Abra Affiliate Partner Program, are excluded from participation. All Referrers must be natural persons.

You agree that Abra, in its sole discretion, may suspend or terminate your participation in the Referral Program if Abra believes that you have violated or acted inconsistently with the letter or spirit of these terms.  Any suspected fraudulent, abusive or illegal activity may be grounds for termination of your participation in the Referral Program. Abra may also in its sole discretion and at any time discontinue providing the Referral Program, or any part thereof, with or without notice.

Referral Fee

Unless otherwise agreed upon, by us, in writing, you will be entitled to earn a referral fee payable in USD or Bitcoin, [as determined by Abra in our sole discretion] for each new user wallet registered through your referral link that either (i) links their Abra wallet to an approved bank account and deposits a certain minimum in funds within 90 days, as communicated by Abra to you on a campaign-by-campaign basis; (ii) deposits a certain minimum in Bitcoin (or other currency) into their Abra wallet within 90 days as communicated by Abra to you on a campaign-by-campaign basis,; or (iii) otherwise meets the conditions communicated by Abra to you on a campaign-by-campaign basis.  The amount of the referral fee will be communicated to you on a campaign-by-campaign basis by Abra. Abra shall pay the referral fee to you within seven (10) business days after the occurrence of either (i) or (ii).

You are limited to twenty (20) referrals in any one calendar year. We may impose additional restrictions on the number of referrals for which you can earn a referral fee. Any such restrictions will be communicated to you on a campaign-by-campaign basis. You may not create additional wallets for purposes of earning additional referral fees.

Display of Referral Links

You will not share or publish your referral link in a manner that would be in violation of applicable anti-spam laws or where there is no reasonable basis for believing that recipients would be interested in joining the Abra platform. You will indemnify and hold Abra, its directors, officers, employees, shareholders, agents and successors harmless, from and against any claims that may arise from any unlawful forwarding or sharing of the referral link.

Additional Restrictions

You agree that you will not directly or indirectly do any of the following in connection with your participation in the Referral Program:

  • Infringe on our intellectual property, publicity, privacy or other rights.
  • Violate any law, rule or regulation.
  • Post any content that is threatening, harassing, defamatory, obscene, harmful to minors, or contains nudity, pornography or sexually explicit materials.
  • Transmit any viruses, Trojan horses, worms, time bombs, cancelbots, or other computer programming routines that are intended to damage, interfere with, surreptitiously intercept or expropriate any system, data, or personal information.
  • Create multiple wallets for purposes of earning Referral Fees.

Advertising & Publicity

We reserve the right to review and request changes to any materials that make reference to our Referral Program in our sole discretion.  In the event we request any changes, you will cooperate and fulfill any such requests in a prompt manner. If you intend to promote our Referral Program via e-mail campaigns, you must adhere to the following:

  • E-mails must first be submitted to us for approval prior to being sent or we must be sent a copy of the e-mail.
  • E-mail must be sent on your behalf and must not imply that the e-mail is being sent on behalf of Abra.
  • Abide by the CAN-SPAM Act of 2003 (Public Law No. 108-187) with respect to our Referral Program.
  • E-mails must first be submitted to us for approval prior to being sent or we must be sent a copy of the e-mail.

Social Media

Promotion on Facebook, Twitter, and other social media platforms is permitted following these general guidelines:

  • You ARE allowed to promote Abra to your own lists; more specifically, you are welcome to use your referral links on your own Facebook, Twitter, etc. pages.
  • You ARE PROHIBITED from posting your referral links on Abra’s Facebook, Twitter, Pinterest, etc. company pages in an attempt to turn those links into referral fees.
  • You ARE PROHIBITED from running paid ads with Abra’s trademarks.
  • You ARE PROHIBITED from creating a social media account that includes Abra’s trademarks in the page name and/or username.

FTC Disclosure Requirements

You must include a disclosure statement within any and all pages, blog/posts, or social media posts where referral links for our Referral Program are posted as an endorsement or review, and where it is not clear that the link is a paid advertisement. This disclosure statement should be clear and concise, stating that we are compensating you for your review or endorsement.

For more information about FTC disclosure requirements, please review the FTC’s “Dot Com Disclosures” Guidelines at (example 21) and the FTC’s Endorsement Guidelines at


You shall defend, indemnify and hold Abra harmless from all claims, damages, and expenses (including, without limitation, reasonable attorneys’ fees) relating to: (i) your acts or omissions in connection with your participation in the Referral Program; or (ii) breach of this Agreement.


We make no express or implied warranties or representations with request to the Referral Program or any Abra products and services (including, without limitation, WARRANTIES OF FITNESS, MERCHANTIABILITY, NON-INFRINGEMENT, OR ANY IMPLIED WARRANTIES ARISING OUT OF COURSE OF PERFORMANCE, DEALING, OR TRADE USAGE). In addition, we make no representative that the operation of our website will be uninterrupted or error free, and we will not be liable for the consequences of any interruptions or errors, including the tracking of information concerning referred users during any period of interruption.