VALR’s Referral Chase: Win Your Share of 6,845 USDC

Refer friends to VALR and win crypto rewards

VALR’s Referral Chase kicks off from 16 September 2024 11:00 am UTC to 21 September 2024 10:59 am UTC (“Competition Period”). Over the Competition Period, you can compete to win a share of 6,845 USDC by referring your friends to VALR!

How to Participate:

  1. Have a VALR account and ensure your VALR account is fully verified (KYC 2). If you don’t have an account, create one here.

  2. Share your unique VALR referral code with friends.

  3. Your friends must sign up using your referral code and complete their fully verified KYC 2 verification.

Rewards:

Rewards are not guaranteed and are based on how many friends you refer. 

Rewards will be distributed on a first-come, first-served basis. You can qualify to earn up to 5 USDC per referral, with the total rewards capped at 150 USDC per qualifying participant (“Participant(s)”) over the Competition Period.

Referral Count Rewards per referral (capped at 150 USDC per Participant)
1-4 2 USDC
5-9 2.5 USDC
10-24 3 USDC
25+ 5 USDC

Daily Prize Pools:

On Day 1 of the Competition Period, you stand to win a share of 1,049 USDC. Each day of the Competition Period (“Competition Day”), the prize pool will only be available for 24 hours (see the applicable Daily Participation Times below), so you need to refer fast!

Once the relevant Competition Day ends, the prize pool will close, and a new prize pool will be revealed for the next Competition Day. The prize pool for each Competition Day may differ.

Day Daily Participation Times Prize Pool
Day 1 16 Sep 2024 11:00 am UTC – 17 Sep 2024 10:59 am UTC 1049 USDC
Day 2 17 Sep 2024 11:00 am UTC – 18 Sep 2024 10:59 am UTC 1149 USDC
Day 3 18 Sep 2024 11:00 am UTC – 19 Sep 2024 10:59 am UTC 1249 USDC
Day 4 19 Sep 2024 11:00 am UTC – 20 Sep 2024 10:59 am UTC To be revealed
Day 5 20 Sep 2024 11:00 am UTC – 21 Sep 2024 10:59 am UTC To be revealed

Stay Updated:

Follow VALR’s social media channels (X, Telegram & Facebook) to get daily updates on the next prize pool reveals. Remember, each Competition Day's prize pool is only available for 24 hours, and rewards will be distributed within 3 days after each Competition Day closes. 

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

Risk 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.

Ts & Cs apply - please see VALR’s applicable Competition Ts & Cs

Ts & Cs:

VALR’s Referral Chase 

Competition Terms & Conditions (“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, except where the terms of such other competition or promotion prohibit or exclude winning in this current Competition.

  3. The Competition begins at 11:00 am UTC, 16 September 2024 and ends at 10:59 am UTC, 21 September 2024.

  4. Rewards will be distributed within 3 South African Business days after each Competition Day ends.

  5. The Competition 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 during the Competition.

  6. Referred users are required to sign up for a VALR account during the Competition Period using the Participant referrer’s VALR referral code.

  7. Participants and referred users (“Referred Users”) must complete at least up to KYC 2 (Fully-verified status) on VALR.

  8. All Referred Users must have completed at least KYC 2 (Fully-verified status) on VALR during the Competition Period in order for a Participant to qualify for rewards.

Rewards:

  1. Participants can earn up to 5 USDC per referral, with rewards capped at 150 USDC per Participant over the total Competition Period.

  2. The Competition Day Day 1 prize pool is 1,049 USDC, with subsequent prize pools revealed daily on VALR's social media.

  3. Rewards will be distributed based on the specific Competition Day that the Referred User has completed at least KYC 2 (Fully-verified status) on VALR. Referred Users that complete KYC 2 status outside of the Competition Period will not be counted as qualifying referrals under this Competition.

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

How to Enter:

  1. Have a fully-verified (KYC 2) VALR account. If you do not have an account yet, create one here.

  1. Share your unique VALR referral code with your friends to compete for a share of the prize pool.

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 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 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 payouts, 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:

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 allocated for this Competition 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.

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 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.

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