VALR Turns 6! Invite Your Friends & Celebrate With Us

Note: This campaign has officially ended, with the prize pool fully depleted on 3/21/2024 8:36:37 am. All rewards have been distributed on a first-come, first-served basis. Winners have been announced here.

Visit our Competitions & Promotions page to stay updated on all ongoing and upcoming competitions at VALR.

Join us in celebrating our 6th anniversary this week!

Refer your friends and share in a $6,000 USDC Rewards Pool - first come, first served. 

Campaign period:

• 20 March 2024, 09:00 UTC - 27 March 2024, 20:59 UTC 

How to Participate?

• Create your VALR account and complete your KYC.

• Fill in the campaign form below.

• Refer your friends to join VALR and compete for a share in the Rewards Pool.

Here’s How You Can Earn:

• Refer 1 friend, and both of you will receive $2.5 USDC each.

• If your friend also enables Futures on one or more of their VALR subaccounts, you will both receive an additional $2.5 USDC each.

• And for every 10 successful referrals, you get an additional $25 USDC bonus.

• The participant with the most referrals earns the top prize of $600 USDC.

  • Rewards will only be distributed after the campaign has ended, on a first-come, first-served basis.

Please note that all your referrals need to fully verify their account on VALR to be included in your referral count as a successful referral.

Now, you can start referring your friends! Simply share your referral link, which can be found under your profile settings on the VALR app or web.

Notice 

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.

Ts & Cs

VALR Turns 6 Competition Ts & Cs (“Rules”):

Competition:

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.

3. The Competition begins at 09:00 UTC, March 20th 2024 and ends at 20:59 UTC, March 27th 2024 (“closing date”).

4. Winners will be announced within 3 South African business days after the closing date.

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

6. The competition is only available to participants (“Participants”) who have completed Fully-verified status on VALR.

Rewards:

1. Participants will be eligible to share in the Rewards Pool of up to a maximum of $6000 USDC.

2. For each successful Participant referral, the Participant will receive $2.5 USDC and the referred person will receive $2.5 USDC. Additionally, if the referred person enables futures trading, both the Participant and the referred person will receive an additional $2.5 USDC each.

3. For every 10 successful referrals the referring Participant earns an additional bonus of $25 USDC and the Participant with the most referrals will win $600 USDC.

4. If two Participants have generated the exact same number of highest referrals, the Participant who reached that number first during the Competition is ranked higher and will be the winner.

5. The final ranking and distribution of the Rewards Pool will be on a first come first serve basis and will not exceed $6000 USDC in total.

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

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 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 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. 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 reward parameters, the Reward Pool, the eligibility terms and criteria as well as the selection and/or number of winners.

4. 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 or referrals:

   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 rewards 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.

Risk Disclosure

Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate.

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.