Spot Margin Trading Competition

Win Your Share of 15,000 USDT

12 March 2025 - 31 March 2025

Total reward pool:
15,000 USDT

Top 20 Traders share 10,000 USDT
Top Traders per trading pair share 5,000 USDT

How to participate

Register for a VALR account and fully verify your account (KYC2).  
Trade at least 2,000 USDT in Spot (Margin) volume on eligible pairs.

Rewards

Top 20 Traders

The Top 20 traders with the highest total trading volume across all eligible pairs win a share of the reward pool of 10,000 USDT.

Top Trader Per Pair

For each of the 43 eligible pairs, the trader with the highest trading volume on that specific pair wins a share of the 5,000 USDT reward pool.

Traders can earn rewards from both pools and be a Top Trader on multiple pairs.

Eligible Trading Pairs

ZAR BTC USDT USDC
BTC/ZAR ETH/BTC BTC/USDT BTC/USDC
ETH/ZAR ETH/USDT ETH/USDC
XRP/ZAR XRP/USDT XRP/USDC
SOL/ZAR SOL/USDT SOL/USDC
USDC/ZAR AVAX/USDT AVAX/USDC
BNB/ZAR BNB/USDT
SHIB/ZAR SHIB/USDT
AVAX/ZAR WIF/USDT
USDT/ZAR TRUMP/USDT
DOGE/ZAR DOGE/USDT
TRX/ZAR TRX/USDT
PYUSD/ZAR PYUSD/USDT
S/USDT
JUP/USDT
BOME/USDT
PYTH/USDT
W/USDT
MEME/USDT
ORDER/USDT
ZRO/USDT
POPCAT/USDT
PNUT/USDT
GOAT/USDT
NEIRO/USDT
PENGU/USDT
Note: The USDT/USDC pair is excluded from this competition.

Leaderboards

Top 20 Spot Margin Traders By Total Volume

Rank Alias Total Volume ($) Expected Reward USDT
1 TBD $0 1000
2 TBD $0 925
3 TBD $0 875
4 TBD $0 825
5 TBD $0 800
6 TBD $0 750
7 TBD $0 700
8 TBD $0 650
9 TBD $0 600
10 TBD $0 550
11 TBD $0 400
12 TBD $0 350
13 TBD $0 300
14 TBD $0 275
15 TBD $0 250
16 TBD $0 200
17 TBD $0 175
18 TBD $0 150
19 TBD $0 125
20 TBD $0 100
Updates are not in real-time, but will be provided on a regular basis during the competition period.

Last Update: 12-03-2025

Top Trader Per Trading Pair

Trading pairs are ranked by trading volume. Rewards per Top Trader will be distributed at the end of the Competition. Final rewards per pair are calculated on the basis of the total volume per pair relative to the combined volume of all pairs.

Rank Trading Pair Total Volume Per Pair ($) Top Trader Alias Trader's Volume ($)
1BTC/ZARxxxxxx
2ETH/ZARxxxxxx
3XRP/ZARxxxxxx
4SOL/ZARxxxxxx
5USDC/ZARxxxxxx
6BNB/ZARxxxxxx
7SHIB/ZARxxxxxx
8AVAX/ZARxxxxxx
9USDT/ZARxxxxxx
10DOGE/ZARxxxxxx
11TRX/ZARxxxxxx
12PYUSD/ZARxxxxxx
13ETH/BTCxxxxxx
14BTC/USDTxxxxxx
15ETH/USDTxxxxxx
16XRP/USDTxxxxxx
17DOGE/USDTxxxxxx
18TRX/USDTxxxxxx
19SOL/USDTxxxxxx
20AVAX/USDTxxxxxx
21WIF/USDTxxxxxx
22SHIB/USDTxxxxxx
23BNB/USDTxxxxxx
24TRUMP/USDTxxxxxx
25S/USDTxxxxxx
26PYUSD/USDTxxxxxx
27JUP/USDTxxxxxx
28BOME/USDTxxxxxx
29PYTH/USDTxxxxxx
30W/USDTxxxxxx
31MEME/USDTxxxxxx
32ORDER/USDTxxxxxx
33ZRO/USDTxxxxxx
34POPCAT/USDTxxxxxx
35PNUT/USDTxxxxxx
36GOAT/USDTxxxxxx
37NEIRO/USDTxxxxxx
38PENGU/USDTxxxxxx
39BTC/USDCxxxxxx
40ETH/USDCxxxxxx
41XRP/USDCxxxxxx
42SOL/USDCxxxxxx
43AVAX/USDCxxxxxx
Updates are not in real-time, but will be provided on a regular basis during the competition period.

Last Update: 12-03-2025

Terms & Conditions

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 period ("Competition Period") begins at 00:00 am UTC, March 12th 2025 and ends at 23:59 pm UTC, March 31st 2025 ("closing date").
  4. This Competition is available to both VALR's existing customers and any qualifying new customers on VALR.
  5. There is no need to register for this Competition.
  6. Rewards are not guaranteed, may differ per Participant and could amount to zero.
  7. VALR reserves the right to make a determination on the rewards and reward winner(s) in its sole and absolute discretion.
  8. Winners will see rewards automatically credited into their account within 7 days after the promotion has ended, with a winners user alias displayed on the designated web page. Winners may also be highlighted in marketing emails such as newsletters and on VALR's social media pages.

ELIGIBILITY

  • The Competition is available to both 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 Period (“Participant”).

HOW TO ENTER

  • Spot (Margin) Trade at least $2,000 during the Competition Period on eligible pairs to be an eligible participant and win potential rewards.

ELIGIBLE PAIRS

The competition includes 43 trading pairs (excluding USDT/USDC):

  • BTC/ZAR, BTC/USDT, BTC/USDC
  • ETH/BTC, ETH/ZAR, ETH/USDT, ETH/USDC
  • XRP/ZAR, XRP/USDT, XRP/USDC
  • SOL/ZAR, SOL/USDT, SOL/USDC
  • DOGE/USDT, DOGE/ZAR
  • SHIB/ZAR, SHIB/USDT
  • AVAX/USDT, AVAX/ZAR, AVAX/USDC
  • BNB/ZAR, BNB/USDT
  • TRX/USDT, TRX/ZAR
  • WIF/USDT
  • TRUMP/USDT
  • USDC/ZAR, USDT/ZAR
  • S/USDT
  • PYUSD/ZAR, PYUSD/USDT
  • JUP/USDT
  • BOME/USDT
  • PYTH/USDT
  • W/USDT
  • MEME/USDT
  • ORDER/USDT
  • ZRO/USDT
  • POPCAT/USDT
  • PNUT/USDT
  • GOAT/USDT
  • NEIRO/USDT
  • PENGU/USDT

REWARDS

  • Top 20 Traders:
    • The top 20 traders ranked by total trading volume across all eligible pairs share a 10,000 USDT fixed reward pool and is distributed as follows:
    Rank Reward USDT
    1 1000
    2 925
    3 875
    4 825
    5 800
    6 750
    7 700
    8 650
    9 600
    10 550
    11 400
    12 350
    13 300
    14 275
    15 250
    16 200
    17 175
    18 150
    19 125
    20 100
  • Top Trader per Eligible Pair:
    • The trader with the highest volume on each of the 43 eligible pairs shares a $5,000 reward pool.
    • Each winner's reward is based on their pair's total volume relative to the combined volume of all eligible pairs, with a minimum of $25 and a maximum of $500 per pair.

REWARD SPECIFICS

  1. Rewards will be distributed within 7 South African business days after the Competition closing date.
  2. Rewards are not guaranteed, may differ per eligible Participant, may be based on trading volume, and could amount to zero.
  3. VALR reserves the right to make a determination on the rewards and reward winner(s) in its sole and absolute discretion.
  4. Participants can win in both categories and can be the top trader in multiple pairs, potentially increasing their total rewards.

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 rewards, the reward pool and reward 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. For the purposes of this Competition, 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 Competition without prior notice, including but not limited to cancelling, extending, terminating or suspending the Competition, 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 Competition and claiming rewards or disqualifying specific trades:
    1. Where VALR finds the Participant to be party to any anticipated, suspected or actual:
      1. Fraud;
      2. Inappropriate, dishonest or abusive activities;
      3. Use of fake or fraudulent accounts;
      4. Manipulation or violation of these Rules, or
      5. Market manipulation, self-dealing, wash trading or illegally bulk registered accounts; or
    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 Competition 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 Competition will be subject to the exclusive jurisdiction of the courts of South Africa.

WAIVER

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.

DISCLOSURE

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.