VALR’s Referral Palooza

NB: This competition has ended. All rewards have been distributed.

Invite your friends to VALR, and you both can win a share of 20,000 USDT in rewards!

Campaign period:

  •  May 7th, 2024 at 09:00 am UTC - May 21st, 2024 at 20:59 pm UTC

How to Participate?

Referrers:

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

  2. Refer your friends to VALR using your unique referral code to compete for a share of the 10,000 USDT rewards pool. 

  3. Fill in the campaign form below.

Referrers Incentive:

Referral Reward Pool

Rewards Pool: 10,000 USDT

Referral Count Shared Pool
1-4 1,000 USDT
5-9 1,000 USDT
10-24 1,000 USDT
25-49 1,000 USDT
50-74 1,500 USDT
75-99 2,000 USDT
>100 2,500 USDT
Total 10,000 USDT

Referrals:

Newly referred users also have a chance to win a share of 10,000 USDT in rewards by completing the following steps:

  1. Create a VALR account using your referrer’s referral code.

  2. Complete at least up to KYC 2 (Fully- verified status) on VALR.

  3. Enable your Futures account (more info).

  4. Deposit a minimum of $50 crypto or fiat and make one trade* (more info).

Referrals Incentive:

Referrals Rewards Pool 10,000 USDT

Rewards Pool: 10,000 USDT

Steps Shared Pool
1) KYC 2 - ID Verified 5,000 USDT
2) Enable Futures 3,000 USDT
3) Deposit & Make One Trade* 2,000 USDT
Total 10,000 USDT

*This refers to VALR Futures only and does not include Simple Buy/Sell, Spot and Margin Trading.

And remember, on VALR, you can earn up to 30% in commission on your referrals’ trading fees. The more friends you invite, the higher the commission.

Notice:

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.

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

Ts & Cs

Referral Palooza 

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,  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, May 7th 2024 and ends at 20:59 pm UTC, May 21st 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 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.

7. The referred users are required to sign up for an account using the referrer’s VALR referral code.

8. Referrers and referred users are required to complete at least up to KYC 2  (Fully-verified status) on VALR.

Rewards:

1. Referrer’s Rewards Pool: $10,000 USDT

Referral Count and Shared Pool:

  • Participants with 1-4 successful referrals will share a $1,000 USDT rewards pool.

  • Participants with 5-9 successful referrals will share a $1,000 USDT rewards pool.

  • Participants with 10-24 successful referrals will share a $1,000 USDT rewards pool.

  • Participants with 25-49 successful referrals will share a $1,000 USDT rewards pool.

  • Participants with 50-74 successful referrals will share a $1,500 USDT rewards pool.

  • Participants with 75-99 successful referrals will share a $2,000 USDT rewards pool.

  • Participants with 100 or more successful referrals will share a $2,500 USDT rewards pool.

2. Referral’s* Rewards Pool:

  • Referrals who complete KYC 2 (Fully-verified) will share a $5,000 USDT rewards pool.

  • Additionally, referrals who enable Futures on VALR will share a $3,000 USDT rewards pool.

  • Referrals who deposit a minimum of $50 in crypto or fiat and make a trade on VALR’s Futures market will share an extra $2,000 USDT rewards pool.

*Referrals are new users who sign up using the campaign participant’s referral code.

How do Referrers enter?

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

  2. Fill in the campaign form here.

  3. Share your VALR referral code with your friends to compete for a share in the Rewards Pool.

How to Enter for Referrals?

  1. Create a VALR account using your referrer’s referral code.

  2. Complete at least up to KYC 2 (Fully- verified status) on VALR.

  3. Enable your Futures account (more info).

  4. Deposit a minimum of $50 crypto or fiat and make one trade* (more info).

*This refers to VALR Futures only and does not include Simple Buy/Sell, Spot and Margin Trading.

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 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 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.

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

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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