50 VALR participants (“Participants”) have been exclusively selected as part of the Top 50 USDC Spot traders to take part in a 3-day USDC & EURC Trading Sprint starting 15 October 2024 and ending 18 October 2024 (“Competition Period”).
Participants can win a share of 4,000 USDC at the end of the Competition Period by simply trading any USDC or EURC Spot pair on VALR and ranking as a Top 25 USDC Spot trader.
This includes VALR’s Simple Buy/Sell and Margin but excludes the USDT/USDC trading pair.
How to Win?
To win your share of 4,000 USDC, all you have to do is rank in the Top 25 top USDC traders by the end of the 3-day sprint. VALR will share leaderboards on social media and emails on a daily basis during the Competition Period.
Competition Ts & Cs (“Rules”):
- This promotional competition (“Competition”) 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 prohibits or excludes winning in this current Competition.
- The Competition Period begins at 12:00 pm UTC, October 15th 2024 (“start date”) and ends at 12:00 pm UTC, October 18th 2024 (“closing date”).
- Winners will be announced within 7 (South African) business days after the closing date.
- Rewards will be distributed in whole or in part to qualifying Participants within 8 (South African) business days after the closing date.
- There is no need to register for this Competition. VALR will exclusively select the top 50 USDC spot traders (“Participants”) in its sole discretion and these Participants will be eligible to participate in the Competition and qualify for rewards. Qualifying Participants will be contacted by VALR via email prior to the Competition start date.
- Rewards will be distributed after the closing date to the top 25 Participants that have traded across any USDC or EURC Spot pairs on VALR during the Competition Period, including via Simple Buy/ Sell and on Margin, but specifically excluding the USDT/USDC pair.
- The rankings for this Competition will be communicated via email.
- Rewards are not guaranteed, may differ per Participant, and could amount to zero.
- VALR reserves the right to make a determination on the rewards and reward winner(s) in its sole and absolute discretion.
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
- This Competition is open to all qualifying Participants.
- Participation by all Participants constitutes acceptance of these Rules, VALR’s Terms of Service, VALR’s Margin Terms of Service and the Risk Disclosures. By participating in this Competition, you represent and warrant that you meet the eligibility criteria and you agree to accept any decision made by VALR in terms of these Rules as final and binding. Any Participants found violating this clause will be removed from the Competition and VALR may freeze or block such Participant's VALR account.
- VALR reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary the Rules without prior notice, including but not limited to canceling, extending, terminating or suspending the Competition, the eligibility terms and criteria, the selection and/or number of rewards or winners.
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VALR reserves the right, in its sole and absolute discretion, to disqualify any Participants from participating in the programme and claiming rewards:
4.1 Where VALR finds the Participant to be party to any anticipated, suspected or actual:
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- 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.
- If you are selected as a reward winner, you agree and consent to VALR publishing your name 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.
- 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.
- 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.
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).
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 programme, or while in any way engaged with activities related to the programme, 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 presented, 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.