Memeland Mania: Deposit, Trade & Win
NB: This competition has officially ended.
Quick summary
Deposit MEME into your VALR account and get up to $500 worth of MEME!
Trade MEME and get your share of $2,500 worth of MEME.
Welcome to Memeland Mania!
Coming Tuesday, July 30th, VALR will be listing Memeland’s native token, Memecoin (MEME).
To celebrate this listing, VALR will be running a Deposit & Trade activity where participants share in a reward pool of up to $5,000 worth of MEME.
There are two parts to this activity
Earn rewards by depositing MEME into your VALR account
Earn rewards by trading MEME on VALR
When: July 29, 2024 at 09:00 am UTC - August 4, 2024 at 23:59 pm UTC
How to participate:
You can only participate if you have a Fully- verified VALR account. If you do not have an account yet, click here to sign-up: https://www.valr.com/signup
Step 1
Deposit a minimum of $50 worth of MEME into your VALR account from an external wallet to unlock a share of $2,500 worth of MEME.
You can deposit MEME into your account from Monday, July 29th, 9am UTC
At the end of the activity, VALR take a snapshot of all net deposits of MEME within the competition period, and reward eligible depositors based on their net deposit amounts.
Step 2
Trade a minimum of $100 worth of MEME on VALR at Spot or via Simple Buy/ Sell to unlock a share of an additional $2,500 worth of MEME
You can start trading as soon as the Spot markets and Simple Buy/ Sell markets for MEME go live on July 30th, 2024
At the end of the competition period, VALR will reward eligible participants based on their trading volume of MEME over the competition period relative to the total volume on the same pairs.
Total reward pool: 5,000 USDT worth of MEME
Terms and Conditions: Memeland Mania
Competition Ts & Cs (“Rules”):
1. This promotional competition (“Competition”) is run by VALR Pty Ltd (“VALR”).
2. This offer may be used in conjunction with any other competition or promotion run by VALR, except where the terms of such other competition prohibits or excludes winning in this current Competition.
3. The Competition begins at 9:00 am UTC, July 29th 2024 and ends at 20:59 pm UTC, August 4th 2024 (“closing date”).
4. Winners will be announced within 7 (South African) business days after the closing date.
5. Prizes will be distributed within 8 (South African) business days after the closing date.
6. Participants must deposit a minimum of $50 worth of MEME into their fully verified VALR accounts between 29th July 2024 and 4th August 2024. After the closing date, Participants who have deposited the minimum $50 worth of MEME will be eligible to share in a prize pool of 2,500 USDT worth of MEME based on their net deposit amount of MEME made during the Competition Period relative to all other related MEME deposits made by other Participants. Prizes per prize winner for this prize pool will be limited to a maximum amount of 500 USDT worth of MEME per eligible Participant. Prizes will be determined and distributed in VALR’s sole and absolute discretion.
7. After the closing date, Participants who trade a minimum of $100 worth of MEME on VALR at Spot or via Simple Buy/Sell during the Competition Period will be eligible to share in an additional prize pool of $2,500 worth of MEME. Prizes will be distributed based on trading volume, in proportion to the total trading volume of MEME during the Competition Period. Prizes will be determined and distributed in VALR’s sole and absolute discretion.
8. There is no need to register for this Competition. Fully-verified Participants on VALR who:
deposit the minimum amount of $50 worth of MEME during the Competition Period will be eligible for prizes in the first 2,500 USDT worth of MEME prize pool; and
trade a minimum of $100 worth of MEME during the Competition Period are eligible for prizes in the second 2,500 USDT worth of MEME prize pool.
9. This Competition is available to both VALR’s existing customers and any qualifying new customers on VALR.
Personal information:
Any personal information provided to VALR by a Participant for purposes of this Competition will be treated in accordance with VALR’s Privacy Policy.
The nitty gritty:
1. The Competition is open to all VALR customers, except VALR’s directors, partners, employees, contractors, agents, consultants and their immediate families, any designated market makers as well as any persons resident in VALR’s list of prohibited countries.
2. Participation by all Participants constitutes acceptance of these Rules, VALR’s Terms of Service and the Risk Disclosures. By entering the Competition, you represent and warrant that you meet the eligibility criteria and you agree to accept that VALR may make decisions relating to this Competition in its sole and absolute discretion and further that any decision made by VALR in terms of these Rules and the Competition as final and binding including but not limited to any decisions regarding prizes, the prize pool and prize payouts. Any Participants found violating this clause will be removed from the Competition and VALR may freeze or block such Participant's VALR account.
3. VALR reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary the Rules and the Competition without prior notice, including but not limited to cancelling, extending, terminating or suspending the Competition, the Rules, the prizes, the prize parameters, the prize pool, the eligibility terms and criteria, the selection and/or number of prizes or winners.
4. VALR reserves the right, in its sole and absolute discretion, to disqualify any Participants from participating in the Competition and claiming prizes or disqualifying specific trades:
4.1. Where VALR finds the Participant to be party to any anticipated, suspected or actual:
Fraud;
Inappropriate, dishonest or abusive activities;
Use of fake or fraudulent accounts;
Manipulation or violation of these Rules, or
Market manipulation, self-dealing, wash trading or illegally bulk registered accounts; or
4.2. For any other reason as determined by VALR.
5. If you are selected as a prize winner, you agree and consent to VALR publishing your name, your VALR reference number / tag and/or social media handle on VALR’s social media pages, and VALR may make media announcements, publications of names, photographs of any prize winner(s), provided that any prize winner(s) may expressly elect to decline this.
6. VALR will announce on its social media pages when the Competition has ended. No further prizes will be awarded once VALR has made such an announcement. The Participant should visit VALR’s social media pages regularly for updates.
7. These Rules will be governed and interpreted in accordance with South African law and any disputes arising from the Competition will be subject to the exclusive jurisdiction of the courts of South Africa.
Notice:
Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate. VALR (Pty) Ltd is a licensed financial services provider (FSP #53308).
Risk Disclosure:
Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate. Please refer to VALR’s full set of risk disclosures found here.
Waiver
The Participant hereby releases, waives and discharges VALR and its affiliates from any and all liability, costs or expenses, claims, demands, actions and causes of action whatsoever for any loss or damages, that may be sustained by the Participant arising out of or relating to the Participant’s participation in the Competition, or while in any way engaged with activities related to the Competition, wherever, whenever, or however the same may occur, regardless of who is at fault and including as a result of the negligence or fault of VALR or its affiliates.
Disclaimer
The Competition and its content should not be construed as investment advice or an offer or an invitation to make an offer, to buy or sell crypto assets, or an inducement to enter into any agreement or commitment with VALR or any of its affiliates in respect to any products or services for any persons, including those who are prohibited from receiving such content under the laws applicable to their place of citizenship, domicile, or residence.
VALR and its affiliates give no warranty, express or implied, including with respect to the fitness for a particular purpose of any information provided, or assume any legal liability or responsibility for the accuracy, completeness or usefulness of any information, product, practice, service or process presented, or represent that its use would not infringe any rights. VALR accepts no responsibility for, and shall have no liability in respect of, any loss or damage, whether direct, indirect or consequential, which may arise from reliance on or in connection with, the information presented herein.
The Competition content contained herein does not constitute investment or financial advice (or any advice whatsoever), should not be used as the basis for any investment or financial decisions, and does not purport to provide any legal, tax, or accounting advice.
All VALR's rights are expressly reserved.
