The Great DOGEmber Trading Challenge

Celebrate Dogecoin’s 11th Birthday with VALR and join The Great DOGEmber Trading Challenge from 6th December (00:00 UTC) to 10th December 2024 (23:59 UTC) for a chance to earn DOGE rewards!

New and existing fully-verified users can participate by trading DOGE on VALR’s Spot or Futures markets, or guess the DOGE/USDT price on 11th December for a bonus prize. Here's how to get involved:

Eligibility:
New and existing fully-verified VALR users (KYC2) are eligible for rewards by participating in one or more of the levels below:

Level 1: New Fully-Verified Users

• During the Competition Period, any new user who signs up and fully verifies (KYC2) their VALR account will be eligible to win a reward from a daily $888 DOGE reward pool.

• Rewards will range from $0.88 to $88 worth of DOGE.

Level 2: New & Existing Fully-Verified Users

Fully-Verified (KYC2) users who trade DOGE on Spot or Futures during the competition period are eligible for rewards in the following ways:

• Spot Trading: Trade a minimum of $111 worth of DOGE on any Spot pair involving DOGE, including via Simple Buy/Sell or on Margin, during the competition period to share in a $1,111 DOGE reward pool. Individual rewards are capped at $111 worth of DOGE.

• Futures Trading: Trade at least $1,111 on the DOGE/USDT-PERP pair on VALR’s Futures markets during the competition period to share in a $4,321 DOGE reward pool. Individual rewards are capped at $1,234 worth of DOGE.

Bonus: Guess the Opening Price of DOGE/USDT (11th December 2024)

• This bonus competition begins on 6 December 2024 at 00:00 UTC and ends on 9 December 2024 at 23:59 UTC. It is open to eligible Level 1 and Level 2 participants.

• The prize pool of $111 worth of DOGE will be awarded to the participant with the closest guess to the DOGE/USDT opening price on 11 December 2024 at 00:00 UTC.

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 or promotion prohibits or excludes winning in this current Competition. 

3. The Competition period (“Competition Period”) begins at 00:00 am UTC, December 6th 2024 and ends at 23:59 pm UTC, December 10th 2024 (“closing date”).

4. This Competition is available to both VALR’s existing customers and any qualifying new customers on VALR.

5. There is no need to register for this Competition. 

6. VALR reserves the right to make a determination on the rewards and reward winner(s) in its sole and absolute discretion.

7. Rewards are not guaranteed, may differ per Participant and could amount to zero.

Level 1 Entries 

Eligibility

1. Level 1 Entries are available to new VALR customers who sign up for a VALR account and complete their KYC 2 (Fully-verified status) during the Competition Period.

How to enter

1. Have a Fully- verified (KYC 2) VALR account. If you do not have an account yet, click here to create one: https://www.valr.com/signup.

Rewards 

1. Each day of the Competition Period (“Competition Day”), a reward pool of $888 worth of DOGE will be made available for 24 hours, and will be distributed to participants who completed Level 1 on that relevant day. 

2. Rewards ranging between $0.88 to $88 worth of DOGE, are awarded at random and at VALR’s sole discretion, and are not guaranteed.

3. Once the relevant Competition Day ends, the rewards pool will close, and a new rewards pool of $888 worth of DOGE will be made available for the next Competition Day

4. Rewards will be distributed within 7 South African business days after the relevant Competition Day ends.

Level 2 Entries 

Eligibility

1. Level 2 Entries are available to all Level 1 entrants and existing VALR account holders that have achieved fully-verified (KYC2) status on VALR and who trade the minimum amounts of DOGE as set out below.

How to enter

1. Trade a minimum of $111 worth of DOGE on any Spot pairs involving DOGE, including via Simple Buy/Sell and on Margin during the Competition Period to be eligible for the rewards set out below.

2. Trade at least $1,111 on DOGE/USDT-PERP on VALR’s Futures markets during the Competition Period to be eligible for the rewards set out below.

Rewards 

1. If you trade a minimum of $111 worth of DOGE on any Spot pairs involving DOGE, including via Simple Buy/ Sell and on Margin during the Competition Period you stand to share in a rewards pool of $1,111 worth of DOGE up to a maximum reward of $111 worth of DOGE per eligible participant. 

2. If you trade at least $1,111 on DOGE/USDT-PERP on VALR’s Futures markets during the Competition Period you stand a chance to share in a reward pool of $4321 worth of DOGE up to a maximum reward of $1234 worth of DOGE per eligible participant.

3. Rewards will be distributed within 7 South African business days after the closing date.

Bonus Competition Entries

How to enter

1. In order to be eligible for the Bonus Competition - you need to have a Fully- verified (KYC 2) VALR account. If you do not have an account yet, click here to create one: https://www.valr.com/signup.

2. The Bonus Competition begins on 6 December 2024 00:00 am (UTC) and ends on 9 December 2024 at 23:59 pm UTC (“Bonus Competition Period”).

3. Participants must guess the December 11th 00:00 UTC Opening Price on the Spot DOGE/USDT pair by way of completing and submitting the google form here.

Rewards

1. The prize pool for this Bonus Competition stands at $111 worth of DOGE which will be distributed to 1 participant with the closest guess to the December 11th 00:00 UTC Spot DOGE/USDT pair Opening Price.

2. If two participants make the exact same guess, the Participant who made the guess first during the Bonus Competition Period and before the closing date of the Bonus Competition (calculated based on the UTC time that the guess was made) will be rewarded as the first place prize winner.

3. Participants can submit their price predictions more than once before the closing date of the Bonus Competition, but only the most recent prediction will be considered in the final ranking.

4. VALR will only consider price predictions that are made prior to the closing date of the Bonus Competition, being: December 9th, 2024 at 20:59 pm (UTC). Predictions made after this time will not be eligible for entry or prizes.

5. VALR reserves the right to make a determination on the ranking and winner in its sole and absolute discretion.

6. Prizes will only be awarded to qualifying Participants that can display, in VALR’s sole and absolute discretion, that they have submitted their Opening Price prediction before the closing date and with an eligible alias to be identified correctly.

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, VALR’s Futures Terms of Service and 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 rewards, the reward pool and reward 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. For the purposes of this Competition, each day will be considered to run from 00:00 - 23:59 UTC.

4. 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 rewards, the reward parameters, the reward pool, the eligibility terms and criteria, the selection and/or number of rewards or winners.

5. VALR reserves the right, in its sole and absolute discretion, to disqualify any Participants from participating in the Competition and claiming rewards or disqualifying specific trades:

5.1. 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

5.2. For any other reason as determined by VALR.

6. If you are selected as a reward 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 reward winner(s), provided that any reward winner(s) may expressly elect to decline this.

7. VALR will announce on its social media pages when the Competition has ended. No further rewards will be awarded once VALR has made such an announcement. The Participant should visit VALR’s social media pages regularly for updates. 

8. 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.

Disclosure: 

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).

Futures trading is provided by VALR DAM Pty Ltd as a Juristic Representative of CAEP Asset Managers Pty Ltd (FSP number: 33933) an authorised financial services provider.  

Futures trading on VALR is high risk. Depending on market movements, your position may be liquidated and you may sustain a total loss of your Cryptocurrencies or Fiat that you have supplied as Collateral.

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.