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VALR’s 48h Trade Express: Asia Edition

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Between 13 - 15 November 2024 VALR’s 48h Trade Express: Asia Edition campaign will be held in Telegram. During the 48 Hours participants must use the unique VALR Referral code when creating an account on VALR (VAKUCGLB) in order to be eligible for rewards. Users will be rewarded in the following ways:

  • Level 1: Sign-up using the unique code and fully verify KYC2 their account.
    - Get 10 USDT, first come, first served 
  • Level 2: Completing Level 1 and Spot Trading at least $100.
    - Get 25 USDT, first come, first served
  • Lucky Participant: Randomly selecting a participant who completed Level 1 can win 50 USDT.
  • Lucky Trader: Randomly selecting a participant who completed Level 2 who can win 500 USDT. 

A Total prize pool of 3,000 USDT will be available and will be First Come, First Served during the competition period.

 

Terms & Conditions 

  1. This promotional competition (“Competition”) is run by VALR Pty Ltd (“VALR”).
  2. The Competition period (“Competition Period”) begins at 00:00 am UTC, November 13th 2024 and ends at 23:59 pm UTC, November 15th 2024 (“closing date”).
  3. 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. 
  4. Winners will be announced within 7 South African business days after the closing date.
  5. The final rewards will be distributed in whole or in part to qualifying participants (“Participants”) within 7 South African business days after the closing date.
  6. The Competition is only available to new VALR customers who register a VALR account using the VALR referral code VAKUCGLB and have completed their KYC 2 (Fully-verified status) on VALR during the Competition Period.
  7. Rewards and Eligibility:
    • Note: The below rewards are subject to an eligible Participant performing the required actions during the Competition Period.
      - Level 1
      Participants stand to win a once-off 10 USDT each in rewards for successfully registering on VALR using the VALR referral code VAKUCGLB, and having achieved Fully-verified KYC 2 status on VALR.
      - Level 2
      Participants on VALR who have successfully completed Level 1 and traded a minimum of $100 across any Spot pairs on VALR, including via Simple Buy/ Sell and on Margin, stand to earn a once-off 25 USDT in rewards.
    • Lucky Eligible Participant: One randomly selected Participant who has successfully completed Level 1 participation stands to earn 50 USDT.
    • Lucky Spot Trader: One randomly selected Participant who has successfully completed both Level 1 and Level 2 participation stands to earn 500 USDT in rewards.
    • The total reward pool during the Competition Period is capped at 3,000 USDT. 
    • Rewards are not guaranteed, may differ per Participant, could amount to zero and are distributed on a first-come, first-served basis.
    • 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:
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. 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.

4. 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:

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 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.

6. 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. 

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.

 

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 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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