EU Regulations Compliance: Key Restrictions for EEA Users on WOO X
To comply with the EU’s regulations, WOO X has introduced several changes for users in the European Economic Area (EEA). These changes affect promotional activities, referral programs, and language options.
1. Referral Program Changes
- Commissions:
- Referrers can get referral fees only for referees from outside of EEA
- Referral features (e.g., links and input boxes) will be hidden for EEA-based users, and registration via referral codes is disabled for referees in the EEA.
- Links and Codes:
- Users with EEA residences can create referral codes but won’t receive commissions for referees in the EEA.
- If your IP is from EEA you cannot use referral links
2. New Listings and Promotions
- Notifications:
- EEA users won't receive push notifications for new listings, token launches, or yield farming opportunities.
- New products (e.g., launchpads) will not be available for EEA users, though existing ones remain available.
- Promotional Banners:
- Promotion banners and pages will not be visible to users with EEA IPs or residences.
3. Notifications and Emails
- Promotional Content:
- Notifications and promotional emails will not be sent to users identified via EEA IP or residency data. System messages like order confirmations are unaffected.
4. Address verification
- POA Requests:
- Users with significant EEA activity (e.g., IP logins) may be required to submit or update Proof of Address (POA). Failure to provide POA could result in account restrictions.
6. Language Options
- Hiding ES & PT Options:
- New EEA users will have default language settings in English.
- Language options for Spanish (ES) and Portuguese (PT) will be hidden for users with EEA IP or residences.
Please note: Failure to provide POA could result in account restrictions described above.