Terms and Conditions (“Rules”):
1. This Programme (the “Affiliate Programme” or the “Programme”) is administered by VALR Pty Ltd (“VALR”).
2. Affiliate Agreement: All comprehensive terms and conditions governing the contractual relationship, commissions, and liabilities between VALR and the affiliate (“Affiliate”) fall under a separate, fully executed Affiliate Agreement, to be entered into between both parties being the Affiliate and VALR (collectively, the “Parties”). Affiliates must rely solely on their Affiliate Agreement for all governing terms. In the event of any conflict between these Rules and the Affiliate Agreement, the Affiliate Agreement shall prevail. These Rules supplement, and do not replace, the Affiliate Agreement.
3. Affiliate Eligibility: This Programme applies exclusively to individuals or entities who have a valid, fully executed Affiliate Agreement in place with VALR. The Programme, including all associated Rewards (as defined below) and commissions, does not apply to all VALR customers who refer others.
4. Commission and Reward Entitlement: VALR reserves the exclusive right, in its sole and absolute discretion, to determine the Rewards, selection criteria, reward pool, and payment methodology for all aspects of the Programme. Any commissions, Rewards, rebates, cashback, rebates, prizes or benefits under the Programme, being any incentives offered by VALR from time to time (“Rewards”), in relation to users who sign up to VALR using an Affiliate’s unique referral code or link and complete VALR’s verification requirements (“Referred User”):
Are conditional upon compliance with these Rules, the Affiliate Agreement, and VALR’s Terms of Service;
May be withheld, cancelled, adjusted, or recovered by VALR in cases of suspected or actual abuse, fraud, regulatory risk, breach, or where VALR reasonably determines that Rewards were incorrectly calculated, attributed, or paid;
Shall only be deemed earned once confirmed and paid by VALR based on activity that is genuine, compliant, and not abusive, manipulative, or artificial as determined by VALR (“Valid Activity”)
5. VALR reserves the right to recover or set off any Rewards already paid where such Rewards are later determined to have been awarded in error or in breach of these Rules.
6. Affiliates must comply with all applicable laws and regulations, including but not limited to financial promotion, advertising, and crypto asset regulations in their jurisdiction. Any breach may result in immediate removal and forfeiture of Rewards.
7. This Programme may be utilised in conjunction with any other competition or programme conducted by VALR, unless the terms of such other competition or programme expressly prohibit or exclude eligibility for this Programme, subject always to VALR’s right to exclude or limit participation to prevent abuse, duplication, or unintended stacking of Rewards.
8. Affiliate Conduct and Marketing: Affiliates may not:
Make misleading, deceptive, or unsubstantiated claims about VALR or its products;
Provide financial, investment, or trading advice unless properly authorised;
Represent themselves as acting on behalf of VALR;
Use VALR’s intellectual property except as expressly permitted in writing.
VALR reserves the right to require removal or modification of any content at its discretion.
9. Rewards are non-transferable, non-exchangeable and may not be sold, bartered, gifted or substituted, except at VALR’s sole and absolute discretion. VALR reserves the right to substitute a Reward of equal or greater value where necessary, subject always to these Rules.
10. For more information about rebates for Referred Users and any governing terms and conditions refer here.
11. For more information about the monthly iPhone Air and BTC giveaway and any governing terms and conditions click here.
Personal information:
Any personal information provided to VALR by an Affiliate for purposes of this Programme will be treated in accordance with VALR’s Privacy Policy, and may be processed for purposes of fraud prevention, regulatory compliance, and Programme administration.
The nitty gritty:
1. The Programme is open exclusively to individuals or entities who have entered into a valid, fully executed Affiliate Agreement with VALR. It does not apply to general VALR customers or referral users.
2. Participation by all Affiliates constitutes acceptance of these Rules, VALR’s Terms of Service and Risk Disclosures. By entering the Programme, you represent and warrant that you meet the eligibility criteria and you agree to accept that VALR may make decisions relating to this Programme in its sole and absolute discretion and further that any decision made by VALR in terms of these Rules and the Programme as final and binding including but not limited to any decisions regarding Rewards, the reward pool and reward payouts. Any Affiliates found violating this clause will be removed from the Programme and VALR may freeze or block such Affiliate's VALR account.
3. For the purposes of this Programme, 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 Programme without prior notice, including but not limited to cancelling, extending, terminating or suspending the Programme, the Rules, the Rewards, the reward parameters, the reward pool, the eligibility terms and criteria, the selection and/or number of Rewards or qualifying Affiliate or Referred User.
5. VALR reserves the right, in its sole and absolute discretion, to disqualify any Affiliates from participating in the Programme, suspend their accounts, revoke all associated Rewards, and/or disqualifying specific trades:
5.1. Where VALR finds the Affiliate to be party to any anticipated, suspected or actual:
Fraud;
Fraudulent registration, including providing false identity verification (KYC) information, using others’ KYC details, or registering multiple accounts;
Inappropriate, dishonest or abusive activities, including but not limited to click farming, device farming, or using malicious tools for fraudulent purposes;
Use of fake or fraudulent accounts;
Manipulation or violation of these Rules, VALR’s rules, VALR’s policies, Affiliate Programme terms, conditions or announcements (as updated from time to time); or
Market manipulation, self-dealing, wash trading, laundering trades or illegally bulk registered accounts; or
Breach of local regulatory requirements; or
Self-referrals, including where an Affiliate directly or indirectly refers themselves through controlled accounts, related parties, or coordinated activity; or
Any other activities with the intent or result of abusing, disrupting, or undermining the legitimate operation of the Programme, as determined by VALR.
5.2. For any other reason as determined by VALR.
6. Where an Affiliate or Referred User qualifies for or receives any Reward under the Programme, such Affiliate or Referred User agrees and consents to VALR publishing their name, VALR reference number / tag and/or social media handle on VALR’s social media pages, and VALR may make media announcements, including the publication of names and/or photographs of such persons, provided that any such person may expressly elect to decline such publication.
7. VALR will announce on its social media pages when the Programme has ended, and may cease awarding Rewards at any time in accordance with these Rules. No further Rewards will be awarded once VALR has made such an announcement. The Affiliate 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 Programme will be subject to the exclusive jurisdiction of the courts of South Africa.
9. Rewards are non-transferable, non-exchangeable and may not be sold, bartered, gifted or substituted, except at VALR’s sole and absolute discretion. VALR reserves the right to substitute a reward of equal or greater value if necessary, and may be withheld, cancelled, adjusted, or recovered in accordance with these Rules.
10. VALR is not responsible for any lost, delayed, misdirected, incomplete, corrupted or malfunctioning entries, payments, transactions, or communications, including those caused by network, system, device, or third-party failures.
11. Rewards under this Programme are earned based on qualifying activity as determined by VALR and are not allocated randomly. VALR reserves the right to verify eligibility and disqualify any Affiliate or Referred User prior to reward distribution. VALR further reserves the right to withhold, cancel, adjust or recover any Rewards already distributed where such Rewards are subsequently determined, in VALR’s reasonable discretion, to have been awarded in error, as a result of non-compliant, fraudulent, abusive or invalid activity, or otherwise in breach of these Rules.
12. VALR may require additional information or verification prior to reward payment. Payments and bonuses are subject to internal validation and may be delayed for compliance, fraud prevention, or operational reasons.
13. Affiliates are solely responsible for any tax obligations arising from participation in the Programme, including income tax, VAT, or any other applicable taxes. VALR shall have no responsibility in this regard.
14. To the maximum extent permitted by law, VALR shall not be liable for any indirect, incidental, special or consequential damages, including loss of profits, revenue, or data, arising from participation in the Programme.
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 Affiliate 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 Affiliate arising out of or relating to the Affiliate’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 Programme 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 Programme 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.
VALR makes no representation or guarantee as to the amount of any Rewards that may be earned through participation in the Programme.
All VALR's rights are expressly reserved.
For any other questions, feel free to contact our support team here