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Withdrawal and Transfer Policy

Withdrawal:

You can request the withdrawal Monday – Friday. We process withdrawal on Saturdays. We shall disburse you without undue delay and in any event not later than 2 days from the day on which we started the process. We will carry out such disbursement using the bank details you provided.

Upon withdrawal, you must withdraw all your Loyalty Reward. We do not accept the partial withdrawal of Loyalty Reward. When a withdrawal is initiated, all your Coins are reverted to zero because we have assumed you withdrew all Loyalty Reward. You can generate new coins when you begin to read news and invite people to Newsgregate.

You will be charged 1,000 dCoins to access the withdrawal page. The minimum withdrawal is ₦3000 Loyalty Reward. There is a 10 % maintenance charge upon withdrawal of your Loyalty Reward.

Since we process requests on Saturdays, many banks will process your transaction from the following Monday, so claiming your money will take some more time.

Refusal:

Newsgregate may, without notice (except as required by law) and without liability to you, refuse to honour any instruction for a withdrawal, suspend or deactivate your User Account  stop or reverse any withdrawal, or otherwise suspend or terminate access to, or refuse to provide, any access at any time in its sole discretion, including with limitation:

  • if we believe, in our sole discretion, you directly or indirectly use, or attempt to use, the website for any unlawful or improper purpose;
  • if you provide incomplete, incorrect or false information about yourself
  • if you attempt to tamper, hack, modify or otherwise corrupt the security or functionality of the Website
  • if you attempt to withdraw earnings to an account that does not tally with the registered name;
  • if we have reason to believe any withdrawal may not be authorized by you…

 

Transfer Coins:

In the event that a member wishes to transfer dCoins to another member. The fellow shall do so via the transfer portal within Newsgregate. All you need is:

  • The Username of the member you want to transfer dCoins too
  • The amount to transfer
  • You will be charged 1,000 dCoins to access the transfer page.

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