VALR’s Referral Lightning Round ⚡

Note: This campaign has officially ended, and all rewards have been distributed to eligible participants on a first-come, first-served basis.

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

Refer your friends within 48 hours to unlock your share of 5000 USDT! 

When: Jul 23, 2024 at 09:00 am UTC - Jul 25, 2024 at 20:59 pm UTC

From July 23rd until July 25th, we are running VALR’s Referral Lightning Round.

During these 48 hours, you can earn 5 USDT for each successful referral.

What’s more, if your referred friend trades at least $10 worth of crypto on any of VALR’s Spot markets, they can unlock a reward of 10 USDT as well! 

The total prize pool for this activity is 5000 USDT.

Rewards will be distributed on a first-come, first-served basis.


How to Participate (Referrer):

  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.

  2. Share your referral link with your friends during the Competition Period and make sure they fully verify (Fully- verified (KYC 2)) their VALR account.


How to Participate (Referred):

  1. Create an account using an invitation code and make sure to fully verify the account (Fully- verified (KYC 2)), within the competition period. 

  2. Trade at least $10 on any of VALR’s Spot markets within 3 days after creating your account.  

Rewards:

  1. Referrers can get $5 for every successful referral. 

  2. Referrals get can $10 for trading a minimum of $10 on VALR’s Spot markets. 

The total prize pool is 5000 USDT. Rewards are not guaranteed for all participants, but will be distributed on a first-come, first-served basis. The faster you act, the higher your chances of winning. 

Learn more about VALR’s Referral Programme and start inviting your friends to join VALR now. 

Here’s how you can refer your friend to VALR:

  1. Select menu bar

2. Select “Referrals”

3. Click “Share Referral Link” 

Now you can start inviting your friends on VALR.


T&Cs

VALR’s Referral Lightning Round 

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 begins at 09:00 am UTC, July 23rd 2024 and ends at 20:59 pm UTC, July 25th 2024 (“closing date”).

4. Winners will be announced within 7 South African business days after the closing date.

5. Rewards will be distributed within 8 South African business days after the closing date.

6. The Competition is only available to extisting 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.

7. Referrers are required to make successful referrals within the 48 hour Competition period in order to qualify for their share of the reward. 

8. Successful referrals are the referrals who have fully-verified their account within the Competition period. Non-fully verified referrals (Fully-verified status) will not count as a successful referral.

9. Fully verified referrals can unlock a reward of 10 USDT by trading at least $10 on VALR’s Spot markets within 3 days after creating the referred account on VALR. 

10. Rewards are not guaranteed for all participants, but are distributed on a first-come, first-served basis.

How to Participate (Referrer):

  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.

  2. Share your referral link with your friends during the Competition period and make sure they sign up using your referral link and fully verify their VALR account (Fully- verified (KYC 2).

How to Participate (Referred):

  1. Create an account using an invitation code and make sure to fully verify the account (Fully- verified (KYC 2)), within the Competition period.

  2. Trade at least $10 on any of VALR’s Spot markets within 3 days after creating your account.  

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.

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.

VALR (Pty) Ltd is a licensed financial services provider (FSP #53308).

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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