1. Deposits
- Minimum deposit: ₦1,350.
- Deposit charge: ₦50.
- Where the charge is applied separately, the minimum amount payable for a minimum deposit is ₦1,400 (₦1,350 + ₦50).
- Deposits must come from an account in your own name.
- Deposits are credited only after Avalon's backend confirms the payment.
2. Withdrawals
- Minimum withdrawal: ₦5,000.
- Withdrawal charge: ₦100, deducted from the withdrawal amount.
- Example: a ₦5,000 withdrawal request results in ₦4,900 paid out and ₦100 retained as the charge.
- Withdrawals are paid to a verified bank account in your own name.
3. Referral bonus
A 20% referral deposit bonus may apply to qualifying deposits made by users who registered with your referral code. Bonus amounts are calculated and credited by Avalon's backend and are tied to your referral relationship.
4. Wallet records
Balances, charges, deposits, withdrawals, prediction stakes and payouts are calculated and stored server-side. Figures shown in the app are read-only views of those records. Client-sent balances or amounts are never trusted.
5. Processing and review
Avalon may hold a deposit or withdrawal for review where fraud, chargeback risk, third-party funding or breaches of the Terms are suspected, and may request identity verification before releasing funds.
6. Reversals and errors
Where funds are credited in error, Avalon may reverse the entry. Where a withdrawal fails at the bank, the amount is returned to your Avalon wallet.
7. Eligibility
Wallet features are available only to verified users aged 18 years and above. Avalon prediction markets are virtual/simulated, and wallet activity does not represent trading or ownership of financial assets.