VALR’s Weekend Trading Challenge
Quick Summary:
VALR is launching an exciting Weekend Trading Challenge running every weekend from 11 January to 30 March 2025.
Spot and Futures traders can compete for a share of $12,000 in crypto rewards and enjoy up to 25% off trading fees. No need to register, simply have a fully-verified VALR account and trade to win!
Why You Should Join
$1,000 in Crypto Rewards Every Weekend: Split between the Top 10 Spot and Futures traders by volume.
Discounted Trading Fees: 15% off Spot trading fees and 25% off Futures trading fees on Saturdays and Sundays.
Fair Distribution: Discounts are capped at a $1,000 pool—$500 for Saturday and $500 for Sunday. Once the cap is reached, rewards are distributed on a first come, first served basis.
How to Participate
Verify Your Account: Ensure your VALR account is fully verified.
Meet the Trading Volume:
Spot Traders: Trade at least $500 in Spot volume over the weekend.
Futures Traders: Trade at least $5,000 in Futures volume over the weekend.
Trade Eligible Pairs: All Spot and Futures pairs are eligible, excluding Simple Buy/Sell.
Weekend Rewards Breakdown
Top 10 Spot Traders: Share in a $500 USDC reward pool.
Top 10 Futures Traders: Share in a $500 USDT reward pool.
Trading Fee Discounts:
15% off Spot trading fees (excluding Simple Buy/Sell)
25% off Futures trading fees
Fee Rebate Limit: Up to $50 fee rebate per person each weekend, distributed within 3 days after the weekend.
Have Questions? Join VALR's official Global Telegram channel for support and updates.
Ts & Cs
Promotion Ts & Cs (“Rules”):
This promotion (“Promotion”) is run by VALR Pty Ltd (“VALR”).
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.
The Promotional period (“Promotion Period”) begins at 00:00 am UTC, January 11th 2025 and ends at 23:59 pm UTC, March 30th 2025 (“closing date”).
This Promotion is available to both VALR’s existing Fully-verified customers and any qualifying Fully-verified new customers on VALR (“Participant/s”).
Registration for this Promotion is not necessary and this Promotion is available to all qualifying Participants, save for those excluded from participating in this Promotion in accordance with these Rules.
Rewards for weekend promotional activities will be distributed within 7 South African business days of the respective weekly promotional activities.
Winners of weekend activities, as well as winners of the final rewards will have their respective rewards automatically credited into their VALR account within the specified timeframes. Reward winners may also be highlighted in VALR marketing emails such as newsletters and on VALR’s social media and blog pages.
Winners will be notified via push notification through the VALR app upon receiving a reward, provided notifications have not been disabled.
Any decisions regarding trade volumes, ranking and prize payouts will be made by VALR in its sole and absolute discretion and the Participant agrees to accept any decision made by VALR in terms of the Promotion as final and binding.
Rewards are not guaranteed, may differ per Participant and promotional activity, could amount to zero and are distributed on a qualifying basis.
Weekend trading activities start and end dates:
0:00 am UTC, January 11th, 2025 until 23:59 am, January 12th, 2025
0:00 am UTC, January 18th, 2025 until 23:59 am, January 19th, 2025
0:00 am UTC, January 25th, 2025 until 23:59 am, January 26th, 2025
0:00 am UTC, February 1st, 2025 until 23:59 am, February 2nd, 2025
0:00 am UTC, February 15th, 2025 until 23:59 am, February 16th, 2025
0:00 am UTC, February 22nd, 2025 until 23:59 am, February 23rd, 2025
0:00 am UTC, March 1st, 2025 until 23:59 am, March 2nd, 2025
0:00 am UTC, March 8th, 2025 until 23:59 am, March 9th, 2025
0:00 am UTC, March 15th, 2025 until 23:59 am, March 16th, 2025
0:00 am UTC, March 22nd, 2025 until 23:59 am, March 23rd, 2025
0:00 am UTC, March 29nd, 2025 until 23:59 am, March 30th, 2025
All Weekend Spot and Futures trading by Participants during the Promotion Period will be discounted 15% for Spot Trading fees and 25% for Futures Trading fees. The discounted fee amount paid will be credited to Participants weekly within 3 days after the respective weekend during the Promotion Period, up to a maximum rebate of $50 USDC and/or USDT per eligible Participant and a maximum discounted fees pool of $1,000 per weekend and split $500 for Saturdays and $500 for Sundays during the Promotion Period.
If the full discounted fees pool of $500 per Saturdays and $500 per Sundays is reached then a first come first served distribution will be in place for qualifying Participants.
Eligibility:
New and existing Fully-verified VALR account holders are eligible to participate in this Promotion which runs from 00:00 am UTC, January 11th 2025 to 23:59 pm UTC, 30 March 2025 (“Promotion Period”).
To qualify for the weekend Top 10 Futures rewards for a specific weekend, a Participant must achieve a minimum Futures trading volume of $5,000 or more on any Futures trading pairs on VALR during the weekend dates within the Promotion Period.
To qualify for the weekend Top 10 Spot rewards for a specific weekend, a Participant must achieve a minimum Spot trading volume of $500 or more on any Spot trading pairs on VALR, excluding Simple Buy/Sell transactions, during the weekend dates within the Promotion Period..
Top 10 Weekend Spot & Futures Rewards:
In order for an eligible Participant to qualify for a reward under the Top 10 Weekend Spot Traders or Top 10 Weekend Futures Traders, they must rank among the Top 10 Participants on the leaderboard at the end of the specified weekend periods, which start at 00:00 am UTC, January 11th 2025 and ending at 23:59 pm UTC, March 30th 2024. That Participant will then be eligible to share in a reward pool of $500 in the Top 10 Weekend Spot Traders and/or $500 in the Top 10 Weekend Futures Traders.
Rewards for each weekend are distributed the following way:
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 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, VALR’s Futures 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).
Futures trading is provided by VALR DAM Pty Ltd as a Juristic Representative of CAEP Asset Managers Pty Ltd (FSP number: 33933) an authorised financial services provider.
Futures trading on VALR is high risk. Depending on market movements, your position may be liquidated and you may sustain a total loss of your Cryptocurrencies or Fiat that you have supplied as Collateral.
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.
