VALR's 7th Birthday Referral Weekend
Note: This campaign has officially ended, and all rewards have been distributed to eligible participants.
Visit our Competitions & Promotions page to stay updated on all ongoing and upcoming competitions at VALR.
VALR is celebrating its 7th birthday on 20 March 2025, and what better way to mark the occasion than with an exciting Referral Weekend Promotion! Running from 20 March 2025, 00:00 UTC to 23 March 2025, 23:59 UTC, this is your chance to earn your share of $7,777 in Bitcoin by referring friends and trading BTC during the promotion period.
How It Works
For Referrers: $4,777 Reward Pool
If you have a fully verified VALR account:
You can earn $7 worth of BTC for every successful referral during the promotion period.
Bonus reward: Spot trade at least $70 worth of BTC during the promotion period and receive an extra $17 worth of BTC.
Rewards are capped at $270 per Participant.
Rewards will be distributed on a first-come, first-served basis until the $4,777 BTC reward pool is finished.
For Referred Users: $3,000 Reward Pool
If you sign up using a referral code and fully verify your account, you can earn a share of a $3,000 BTC reward pool. Here’s how:
The first 7 users who sign up and fully verify will receive $17 worth of BTC.
The next 177 users will receive $7 worth of BTC.
17 lucky users (selected at random) will receive $27 worth of BTC.
7 lucky users (selected at random) will receive $57 worth of BTC.
17 newly referred users who sign up, fully verify, and trade at least $27 worth of BTC during the promotion period will share in a $784 BTC reward pool.
Important Notes
Rewards are not guaranteed for all participants and will be distributed on a first-come, first-served basis for referrers and at random for referred users.
The promotion runs from 20 March 2025, 00:00 UTC to 23 March 2025, 23:59 UTC.
New users can also refer their own friends and earn additional rewards as a referrer.
Frequently Asked Questions (FAQs)
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Any VALR user with a fully verified account (KYC 2) can participate as a referrer. New users who sign up and fully verify during the promotion period can participate as referred users.
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Simply share your unique VALR referral link with your friends. They must sign up and fully verify their accounts during the promotion period to count as a successful referral.
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To stand a chance to earn an extra $17 BTC, you need to Spot trade at least $70 worth of BTC during the promotion period.
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There is no limit to the number of people you can refer, but rewards are capped at $270 per participant.
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Rewards for referrers are distributed on a first-come, first-served basis until the $4,777 reward pool is exhausted. Rewards for referred users are distributed based on order of sign-up and random selection.
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BTC rewards will be credited to your VALR account within 7 days after the promotion ends.
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Yes! Newly referred users who fully verify their accounts can also refer their own friends and earn rewards as a referrer.
Ts & Cs
Promotion Ts & Cs (“Rules”):
1. This (“Promotion”) 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 Promotion.
3. The Promotion period (“Promotion Period”) begins at 00:00 am UTC, March 20th 2025 and ends at 23:59 am UTC, March 23rd 2025 (“closing date”).
4. Winners will be announced within 7 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 Promotion is only available to existing VALR customers who have completed their KYC 2 (Fully-verified status) on VALR as well as new VALR customers who sign up for a VALR account and complete their KYC 2 (Fully-verified status) during the Promotion Period (“Participant/s”).
7. Referred Users are required to sign up for a VALR account during the Promotion Period using the Participant’s VALR referral code.
8. During the Promotion Period, Participants can earn up to $7 worth of BTC for each successful referral using the Participant’s VALR referral code, and as a bonus if Participants Spot trade at least $70 worth of BTC, the eligible Participant will unlock a once-off $17 worth of BTC in rewards, in total each Participant can earn a maximum of $270 worth of BTC.
9. The total reward pool during the Promotion Period for this activity is $4,777. The maximum reward per Participant is $270 worth of BTC.
10. Rewards are not guaranteed, may differ per Participant and could amount to zero.
11. Referred users, who sign up and fully verify their account during the promotion period stand a chance to share in a reward pool of an additional $3,000 worth of BTC:
The first 7 new users who sign up and fully verify their account will receive $17 worth of BTC each.
The next 177 new users who sign up and fully verify their account will receive $7 worth of BTC each.
17 lucky users (selected at random from all eligible users) get $27 worth of BTC each.
7 lucky users (selected at random from all eligible users) get $57 worth of BTC each.
17 lucky newly referred users who sign up, fully verify their account, and trade at least $27 worth of BTC during the Promotion Period, will share in a $784 worth of BTC reward pool.
12. Rewards will be distributed to eligible Participants on a first-come, first-served basis. Rewards will be distributed in BTC only. VALR reserves the right to make a determination on the rewards and rewards winner(s) in its sole and absolute discretion.
13. Participation in this Promotion does not preclude a Participant or Referred User from benefiting from VALR’s Referral Programme.
Personal information:
Any personal information provided to VALR by a Participant for purposes of this Promotion will be treated in accordance with VALR’s Privacy Policy.
The nitty gritty:
1. The Promotion is open to all South African VALR customers, including South African passport holders as well residents of South Africa, excluding VALR’s directors, partners, employees, contractors, agents, consultants and their immediate families, any designated market makers and 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 Risk Disclosures. By entering the Promotion, you represent and warrant that you meet the eligibility criteria and you agree to accept that VALR may make decisions relating to this Promotion in its sole and absolute discretion and further that any decision made by VALR in terms of these Rules and the Promotion 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 Promotion and VALR may freeze or block such Participant's VALR account.
3. For the purposes of this Promotion, 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 Promotion without prior notice, including but not limited to cancelling, extending, terminating or suspending the Promotion, 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 Promotion 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 Promotion 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 Promotion 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).
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 Promotion, or while in any way engaged with activities related to the Promotion, 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 Promotion 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 Promotion 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.
