Editor choice

Valr
10% Rebate
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Operating since

2019

Website

valr.com

# Coins

47

Fiat supported

ZAR, USD

Fees

maker -0.01% / taker 0.1%

Headquarters

South Africa

Services

Exchange (Spot)

Average Score 6.5
Offer range
2.5
Credibility/Security
8
Platform
7.5
Customer service
8
PROS:
  • Offers the ability to trade and invest in cryptocurrency using the South African Rand.
  • Provides an in-depth trading experience with tools and live charts from TradingView.
  • Supports a wide range of cryptocurrencies.
  • Has partnered with Bitfinex for secure cold wallet storage.
  • Dedicated support team available to assist users with any issues or questions.
  • Rewards makers with a negative maker fee and no trading fees.
  • Features VALR Pay, which allows for near-instant transfer of funds at no cost.
CONS:
  • Does not allow for advanced order types, such as "One Cancels the Other" orders."
  • The fees may be higher than some other exchanges.
  • Does not accept deposit in USD or other major fiat currencies.
  • No support for popular online banking options such as PayPal or Zelle.
  • Does not provide staking or yield farming opportunities for earning interest on crypto holdings.
TOP 3 in Cryptocurrencies
TOP 3 in Forex / CFD
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Valr is a South African cryptocurrency exchange that offers a wide range of cryptocurrencies and features such as 24/7 customer support, low fees, and fast deposit and withdrawal times. It has a user-friendly platform with advanced trading features and supports local South African Rand (ZAR) deposits and withdrawals. One of Valr’s unique offerings is its partnership with a leading South African bank, allowing for seamless fiat transactions on the platform.

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10% rebate on your trading costs, up to a cap of approximately $100 in value

Valr exchange is a leading South African cryptocurrency exchange that offers a wide range of digital assets and trading options to its users. With a focus on providing a seamless and secure trading experience, Valr stands out with its 24/7 customer support, low fees, and fast deposit and withdrawal times. The exchange’s user-friendly platform is designed for both beginners and advanced traders, and features advanced trading tools such as limit and stop-loss orders.

One of Valr’s unique offerings is its partnership with a leading South African bank, allowing for fast and easy fiat transactions on the platform. This means that users can easily deposit and withdraw South African Rand (ZAR) directly from their bank accounts, making it easier to manage their investments and take advantage of trading opportunities. Additionally, Valr offers highly secure storage for user assets, ensuring the safety of their funds at all times.

Whether you’re a beginner or an experienced trader, Valr is a great choice for anyone looking to trade cryptocurrencies. With a wide range of digital assets, low fees, and a user-friendly platform, Valr is the perfect destination for anyone looking to take control of their investments and take advantage of the exciting opportunities in the world of crypto trading.

Trading on Valr

Trading on Valr is a simple and intuitive process, making it easy for anyone to start trading cryptocurrencies. The exchange’s platform is designed to be user-friendly, with a clear and easy-to-use interface that allows traders to quickly and easily execute trades. Whether you’re a beginner or an experienced trader, you’ll find that trading on Valr is both straightforward and efficient.

One of the unique features offered by Valr for trading is its advanced trading tools. The exchange offers a wide range of order types, including limit and stop-loss orders, which give traders greater control over their investments. This means that traders can set their trades to execute automatically at a specific price, helping to reduce the risk of market volatility and ensuring that they get the best possible price for their trades.

Another feature that makes trading on Valr unique is its real-time market data and analysis tools. The exchange provides up-to-date information on the latest cryptocurrency prices, making it easier for traders to stay informed and make informed decisions. In addition, the exchange provides detailed market analysis and charts, giving traders the information they need to make informed trades and maximize their returns.

Fees and costs

Fees and costs are an important consideration for anyone trading cryptocurrencies, and Valr strives to offer competitive and transparent pricing to its users. The exchange charges a low trading fee on each trade, which is based on a maker-taker model. For taker there is 0.1% fee and for maker it is -0.01%, what means that you get payment for creating a market. Usually traders who add liquidity to the market by placing limit orders pay lower fees than those who take liquidity by executing market orders.

Deposits and Withdrawals on Valr

According to the information provided on Valr’s support page, the following are the deposit and withdrawal methods available at Valr exchange along with their costs:

South Africa

Deposit Methods and Fees:

  • ZAR deposit via EFT: FREE
  • ZAR deposit via Card: 3.9%
  • Crypto: FREE
  • USDC via USD wire transfer: $10

Withdrawal Methods and Fees:

  • ZAR: R8.50
  • Crypto: variable
  • USDC via USD wire transfer: $25

Zambia

Deposit Methods and Fees:

  • ZMW deposit via EFT: Free
  • Crypto: FREE

Withdrawal Methods and Fees:

  • ZMW: ZK30
  • Crypto: variable

Rest of the World

Deposit Methods and Fees:

  • Crypto: FREE
  • USDC via USD wire transfer: $10

Withdrawal Methods and Fees:

  • Crypto: variable
  • USDC via USD wire transfer: $25

It is important to note that Valr reserves the right to charge additional fees for certain deposit and withdrawal methods, as well as to change the fees for existing methods at any time. Therefore, it is recommended to check the support page regularly for the most up-to-date information on deposit and withdrawal methods and their costs at Valr exchange.

Valr Trading App

The Valr trading app is an essential tool for anyone looking to trade cryptocurrencies on the go. The app is designed to provide users with a seamless and intuitive trading experience, allowing them to execute trades, manage their portfolios, and stay up-to-date with the latest market news and trends. Whether you’re a busy professional or a seasoned trader, the Valr app makes it easy to access your account and stay on top of your investments, no matter where you are.

One of the standout features of the Valr app is its ease of use. The app is designed with a simple and intuitive interface, making it easy for even beginners to navigate and execute trades with confidence. The app also provides users with real-time market data, allowing them to stay up-to-date with the latest cryptocurrency prices and trends.

Another advantage of the Valr app is its security. The app uses the latest encryption and security measures to protect users’ accounts and data, ensuring that their investments are always safe and secure. The app also supports biometric authentication, such as facial recognition and fingerprint scanning, for added security.

To get started with the Valr app, simply download it from the App Store or Google Play Store. The app is available for both iOS and Android devices, so you can trade cryptocurrencies from the convenience of your phone or tablet. Whether you’re looking to make short-term trades or build a long-term investment portfolio, the Valr app has everything you need to succeed.

Valr Platform

In addition to its mobile app, Valr also offers a desktop platform for users who prefer to trade on their computer. The Valr desktop platform provides a comprehensive trading experience, with all the features and tools you need to execute trades, manage your portfolio, and stay up-to-date with the latest market news and trends. The platform is designed for both beginner and advanced traders, and provides a user-friendly interface that makes it easy to navigate and trade cryptocurrencies with confidence.

Whether you prefer to trade on your mobile device or your computer, Valr has you covered. The exchange offers both a mobile app and a desktop platform, giving you the flexibility and convenience to trade cryptocurrencies from wherever you are. So whether you’re at home, in the office, or on the go, you can access your account and trade cryptocurrencies with ease.

valr platform

VALR trading platform | Source: Valr

How to open account on Valr – step by step

Here’s a step-by-step guide to registering account on Valr exchange:

  1. Go to the official Valr website (www.valr.com) and click the “Sign up” button.
  2. Enter your email address and create a strong password. Fill in other personal details.
  3. Read and agree to the terms and conditions and privacy policy.
  4. Complete the verification process, which may include providing personal information and identification documents, such as a passport or ID.
  5. Once your account is verified, you can deposit funds and start trading.
VALR sign up page

VALR sign up page | Source: Valr.com

It’s important to note that Valr’s verification process is in place to ensure the security and compliance of the exchange. By providing accurate and up-to-date information, you can ensure that your account is set up quickly and smoothly.

Cryptocurrencies on Valr

Are you curious about the cryptocurrencies available for trading on Valr? While there may not be as many as on other top exchanges, which offer hundreds of tokens, Valr still has a decent selection of less than 50 cryptocurrencies.

Valr offers a wide range of cryptocurrencies for trading, including major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as many other popular altcoins. Some of the cryptocurrencies available on Valr include:

  1. Bitcoin (BTC): The world’s first and largest cryptocurrency, Bitcoin is a decentralized digital currency that enables peer-to-peer transactions.
  2. Ethereum (ETH): A decentralized platform that runs smart contracts, Ethereum is the second-largest cryptocurrency by market capitalization.
  3. Ripple (XRP): A digital currency designed for fast, secure, and low-cost cross-border payments, Ripple is the third-largest cryptocurrency by market capitalization.
  4. Binance Coin (BNB): The native cryptocurrency of Binance, Binance Coin is used to pay for trading fees on the Binance exchange and can be used to access a range of services and products on the Binance platform.
  5. Cardano (ADA): A decentralized platform for the development of blockchain applications and digital assets, Cardano is designed to offer scalability and interoperability.
  6. Chainlink (LINK): A decentralized oracle network that connects smart contracts with real-world data, Chainlink is designed to increase the accuracy and reliability of blockchain-based applications.
  7. Dogecoin (DOGE): A decentralized digital currency that was created as a joke, Dogecoin has become a popular cryptocurrency for peer-to-peer transactions and online tipping.
  8. Polkadot (DOT): A decentralized platform that enables interoperability between different blockchain networks, Polkadot is designed to enable the creation of multi-chain applications and decentralized financial products.

These are just a few of the many cryptocurrencies available on Valr. To see the full list of cryptocurrencies available on the exchange, you can visit the Valr website here.

Valr wallet app

In addition to its exchange platform, Valr also offers a cryptocurrency wallet for its users to securely store their assets. The Valr wallet is a non-custodial wallet, meaning that users have full control over their private keys and can access their assets at any time.

One of the key benefits of using the Valr wallet is the convenience of being able to easily transfer funds between the exchange and the wallet without having to go through a separate withdrawal process. This makes it easy to move funds between trading and storage, giving users more control over their assets and greater flexibility in managing their cryptocurrency portfolio.

The Valr wallet also provides users with additional security features, such as two-factor authentication and support for hardware wallets like Trezor and Ledger. These features help to protect users’ assets and give them peace of mind when it comes to the safety of their cryptocurrency investments.

Overall, the Valr cryptocurrency wallet is a convenient and secure way for users to manage their assets and trade cryptocurrencies on the Valr exchange. Whether you’re a seasoned trader or just starting out, the Valr wallet is a great choice for those looking for a simple and user-friendly solution for storing and trading cryptocurrencies.

Reviews

If you’re curious about what others have to say about Valr, you can check the Reviews section below. You can also contribute your own experience by leaving a review.

Expert score

6.5Expert Score
Valr is a South African cryptocurrency exchange that offers a wide range of cryptocurrencies and features such as 24/7 customer support, low fees, and fast deposit and withdrawal times. It has a user-friendly platform with advanced trading features and supports local South African Rand (ZAR) deposits and withdrawals. One of Valr's unique offerings is its partnership with a leading South African bank, allowing for seamless fiat transactions on the platform.
Offer range
2.5
Credibility/Security
8
Platform
7.5
Customer service
8
PROS
  • Offers the ability to trade and invest in cryptocurrency using the South African Rand.
  • Provides an in-depth trading experience with tools and live charts from TradingView.
  • Supports a wide range of cryptocurrencies.
  • Has partnered with Bitfinex for secure cold wallet storage.
  • Dedicated support team available to assist users with any issues or questions.
  • Rewards makers with a negative maker fee and no trading fees.
  • Features VALR Pay, which allows for near-instant transfer of funds at no cost.
CONS
  • Does not allow for advanced order types, such as "One Cancels the Other" orders."
  • The fees may be higher than some other exchanges.
  • Does not accept deposit in USD or other major fiat currencies.
  • No support for popular online banking options such as PayPal or Zelle.
  • Does not provide staking or yield farming opportunities for earning interest on crypto holdings.

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Risk Disclosure: The information provided on this website is intended for general informational purposes only and should not be considered as financial advice, investment recommendations, or an endorsement of any particular investment product or service. Trading forex, cryptocurrencies, and other investment products carries a high level of risk and may not be suitable for all investors.

 

This website may contain links to third-party websites, which are provided for your convenience and information. We are not responsible for the content, accuracy, or reliability of these external sites and do not endorse or guarantee any products or services offered therein. It is your responsibility to carefully review the terms and conditions, privacy policies, and risk disclosures of any third-party websites before engaging in any transactions or investments.

 

By using this website, you acknowledge and agree that you have read, understood, and accept this Risk Disclosure in its entirety and that you are solely responsible for any investment decisions you make.

 

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Please note that our affiliate partnerships do not influence our reviews, comparisons, and educational content. Our priority is to remain unbiased and transparent in all our recommendations. We maintain a strict editorial policy to ensure the quality and integrity of our content, and we always put our users’ best interests first. Your trust is our top priority, and we are committed to providing you with reliable information to help you make informed decisions in the world of forex, CFD, and crypto trading.

 

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 72% – 89% of retail investor accounts lose money when trading CFDs.You should not risk more than you are prepared to lose. Please ensure you fully understand the risks associated with the product and read our full risk disclosure statement.

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