VALR's USDC & EURC Trading Championship

Trade USDC and EURC on VALR

Join VALR’s USDC & EURC Trading Championship and compete for a share of 10,000 USDC

  • Prizes for Top 50 Traders on VALR

  • USDC airdrop for 20 Lucky Traders

Competition Period:  

16 September 2024, 09:00 am UTC - 30 September 2024, 08:59 am UTC (“Competition Period”)

Key Details 

How to Enter?

There is no need to register for this competition. Make sure you have a fully-verified VALR account and simply trade more than $250 worth of crypto (see the ‘Eligible Pairs’ below) during the Competition Period to be eligible for prizes, including the USDC Airdrop.

Eligible Pairs:

All Spot pairs involving USDC and EURC on VALR, including those via Simple Buy/Sell and Margin, excluding USDT/USDC.

EURC and USDC trading pairs on VALR

How to Win? 

Traders are ranked by trading volume. The more volume, the higher your chances of winning.

Prizes: 

  • Midway through the Competition Period, on 23rd September 2024, 20 Lucky Eligible Traders will receive an airdrop of 25 USDC each.

  • After the Competition, the Top 50 Eligible Traders by trading volume will be eligible to share in the remaining prize pool as follows.

Rank by Trading Volume Prize (USDC)
1 1000
2 900
3 800
4 700
5 600
6 550
7 500
8 450
9 400
10 350
11-20 150 each (share 1500)
21-30 100 each (share 1000)
31-40 75 each (share 750)
41-50 50 each (share 500)

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.

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

USDC & EURC Trading Championship

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 prohibits or excludes winning in this current Competition.

3. The Competition begins at 9:00 am UTC, September 16th 2024 and ends at 8:59 am UTC, September 30th 2024 (“closing date”).

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

5. Prizes will be distributed within 8 (South African) business days after the closing date.

6. There is no need to register for this Competition. Fully-verified participants (“Participant(s)”) on VALR who trade a minimum of $250 during the Competition Period across any Spot pairs that involve USDC and EURC on VALR, including via Simple Buy/ Sell and on Margin, excluding USDT/USDC, are automatically entered into the Competition.

7. The rankings for this Competition will be communicated during the Competition Period on VALR’s official X account, Telegram and via email. 

8. This Competition is available to both VALR’s existing customers and any qualifying new customers on VALR.

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, the prize pool 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 parameters, the prize pool, 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 or disqualifying specific trades:

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 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.

Notice: 

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).
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.

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.

Previous
Previous

How to buy USDC in South Africa

Next
Next

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