Win your share of bitcoin worth R40,000 in VALR’s contests!

Badi Sudhakaran
VALR Publication
Published in
4 min readJun 3, 2019

To celebrate the launch of our BTC/ZAR trading, we are giving away tens of thousands of rand worth of bitcoin to selected customers in a series of competitions. Visit www.VALR.com to participate.

We are so proud of this moment which is the culmination of intense hard work over the past year in bringing to you a product that was built with love, passion and technical excellence. We strongly believe cryptocurrencies have a major role to play in transforming our financial system — and now we want you to experience a glimpse of the future with VALR and in doing so, we want to reward you!

Experience VALR and win! Go to www.VALR.com to learn more!

1. Share and Win contest: (ends 11 June)

Win your share of bitcoin worth R5 000!

5 lucky winners will be picked on the day of our ZAR trading launch — 4 June deposits open and trading begins 11:11 a.m. 11 June — from among the users who participated in our Share & Win Contest on Twitter and Facebook. Follow the instructions below to participate:

1 — Follow us on Twitter or Facebook
2 — Like this post on Twitter or this post on Facebook
3 — Retweet/Share the post
4 — Leave a comment with #VALR

2. Bitcoin Deposit Contest

Reward pool: R10,000 in bitcoin (ends 11 June)

Join Bitcoin Deposit contest on VALR.com to win your share of R10,000 in bitcoin

We’re starting with a contest where you get to experience how easy it is to deposit bitcoin into your VALR wallet.

Deposit at least 0.01 BTC and we’ll give you some more!

If you are holding at least 0.01 BTC in your VALR bitcoin wallet at 00:00 a.m. on 11 June— the day of our launch, you will receive a bitcoin reward proportionate to your balance.

How we calculate your reward?

Your reward = (Your total BTC balance/Total BTC balances from all users where BTC holding is at least 0.01 BTC ) × R10,000 in bitcoin

3. Rand Deposit Contest (starts 4 June)

Reward pool: R10,000 in bitcoin (ends 11 June)

Join Rand Deposit contest on VALR.com to win your share of R10,000 in bitcoin

Starting from 4 June, you can deposit rands into your VALR account. Our second contest allows you to experience how easy this is.

Deposit at least R1,000 and we’ll give you some bitcoin as a reward!

If you are holding at least R1,000 in your VALR rand wallet at 00:00 AM on 11 June— the day of our launch, you will receive a bitcoin reward proportionate to your balance.

How we calculate your reward?

Your reward = (Your total rand balance/Total rand balances from all users where rand holding is at least R1,000 ) × R10,000 in bitcoin

4. BTC/ZAR Trading Contest (starts 11 June 11:11 a.m.)

Reward pool: R15,000 in bitcoin (ends 18 June)

Join our trading contest on VALR.com to win your share of R15,000 in bitcoin

Finally, this is the feature we have all been waiting for: BTC/ZAR trading on VALR!

We’re giving away bitcoin worth R15,000 in prizes to the top 10 traders!

The trading contest will last for 1 week. The top 10 traders will share a pool of bitcoin worth R15,000 based on the proportion of their trading volume during the contest period. This includes buys and sells on the BTCZAR trading pair.

How we calculate your reward?

Your reward (if you are top 10)= (Your trading volume / Top 10 users’ total trading volume) × R15,000 in bitcoin

Terms and Conditions

  • VALR reserves the right to cancel or amend the contest or contest rules at our sole discretion.
  • Trading volume refers to total buys and sells (regardless of maker or taker).
  • VALR reserves the right to disqualify trades that display characteristics of market manipulation.
  • Rewards will be issued within 3 weeks after the contest ends. Winners will be able to login and see their prize in their Transaction History.
  • Winners will be notified privately. VALR will only announce publicly with the permission of the winners.

Risk warning

Trading cryptocurrencies involves significant risks which may result in material financial losses. Cryptocurrencies are a new asset class and as such are susceptible to large price swings as society attempts to determine their value through the brute forces of supply and demand. Do your own research and trade with caution.

VALR cannot be held responsible for any direct, indirect or consequential losses as a result of the trading contest.

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