LATOKEN vs VALR: Fees, Coins, Safety Comparison
| Feature | LATOKEN | VALR |
|---|---|---|
Overall |
3.0 |
2.8 |
2.6 |
1 |
|
3.4 |
4.1 |
|
4.5 |
3.9 |
|
Investment Instruments |
2.6 |
1 |
Platforms and Charting Tools |
2.7 |
4.2 |
Deposit and Withdrawal |
3.9 |
3.1 |
Research |
3.6 |
3.5 |
Education |
3.2 |
3.6 |
Support |
1.7 |
3.9 |
Bonuses |
2.4 |
3.7 |
|
Your capital is at risk.
|
LATOKEN vs VALR: Pros and Cons
The LATOKEN cryptocurrency exchange is a universal platform for exchanging, buying, and selling cryptocurrencies and tokens. Bitcoin, Ethereum, Litecoin, Tether, TRX, EOS, LA, and dozens of other assets are traded on the exchange. There is no fiat trading on this platform. There is margin swap trading on crypto-crypto pairs, as well as trading on leveraged perpetual contracts. The exchange has a referral program with bonus payments, there is the possibility of passive earnings through staking deposits in DeFi coins, and investing in developing blockchain projects.
The VALR exchange is a renowned cryptocurrency trading platform. Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and other cryptocurrencies are at your disposal for trading here. Instantaneous exchange and margin trading are available (but no leverage). Of the fiat funds, only the South African rand is represented. The crypto exchange has a web version of the trading terminal and applications for iOS and Android for mobile trading. The site offers a referral program with four levels of reward. Traders' assets are stored in the Bittrex system, and the platform uses several levels of security to protect users' funds. Fees are fixed and are below the market average.
| LATOKEN | VALR | |
|---|---|---|
| Overall Pros | on the exchange, you can trade Bitcoin, dozens of altcoins, and the most popular tokens; | a plethora of cryptocurrencies for exchange and trade; |
| after registration, each user receives a welcome bonus in tokens; | functional and easy-to-learn trading terminal; | |
| advantageous referral program for which you and your referral receive $50 each; | the presence of an author's application for mobile trading; | |
| functional proprietary mobile application developed for iOS and Android gadgets; | lucrative referral program with discounts and rewards; | |
| comfortable and favorable conditions for investment programs such as staking, deposits in DeFi and large blockchain projects; | top-tier level of protection of data and user funds; | |
| the opportunity to introduce your own coin to the platform and offer your project for investment; | all major options for depositing and withdrawing funds; | |
| 99.5% of assets are cold stored; | low fixed fees for trading operations; | |
| Security: 2FA authentication, TLS encryption, and DDOS protection. | Crypto4Covid Fund for Covid-19 Affected People. | |
| Overall Cons | no demo accounts or tutorials for novice crypto traders; | only South African rand is presented as fiat; |
| communication with the technical support of the platform is available only by email and through tickets; | communication with technical support can be initiated exclusively through tickets. | |
| fiats are not traded on the LATOKEN cryptocurrency exchange because the platform has only cryptocurrencies and tokens. | the exchange does not offer tutorials; |
LATOKEN vs VALR: Safety and Regulation
| Regulated By: | LATOKEN | VALR |
|---|---|---|
Government-regulated |
Yes |
Yes |
U.S Regulated |
No |
No |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
No |
AMF in France Regulated |
No |
No |
Spain Regulated |
No |
No |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
No |
Seychelles Regulated |
Yes |
No |
Other countries |
South Africa |
LATOKEN vs VALR: Trading Conditions
| Trading Conditions | LATOKEN | VALR |
|---|---|---|
Minimum deposit, USD or USDT |
1 |
1 |
Futures leverage |
Not allowed |
10 |
Spot leverage |
2 |
5 |
Supported Coins |
475 |
|
Trading platform |
||
DFSA in UAE |
||
P2P |
1 |
1 |
Perpetual contracts |
0 |
1 |
LATOKEN vs VALR: Fees
| Fee | LATOKEN | VALR |
|---|---|---|
Spot Taker fee |
0,49 |
0,1 |
Spot Maker fee |
0,49 |
No |
Futures Taker fee |
Not supported |
0,04 |
Futures Maker fee |
Not supported |
No |
Deposit fee |
No |
0-3,9 |
Withdrawal fee |
0,0005 BTC 0,0114 ETH |
8,5 ZAR |
P2P taker fee |
0,98 - 0,08 |
No |
P2P fee rate, maker fee |
0,49 - 0 |
- 0,01 (rebate) |
LATOKEN vs VALR: Trading Assets
| Asset Name | LATOKEN | VALR |
|---|---|---|
Coins Supported |
475 |
|
P2P |
Yes |
Yes |
Perpetual contracts |
No |
Yes |
NFT |
No |
Yes |
Crypto Options |
No |
No |
Futures |
No |
Yes |
LATOKEN or VALR: Investment Programs
| Asset Name | LATOKEN | VALR |
|---|---|---|
Staking |
No |
Yes |
Copy trading |
No |
Yes |
Yield farming |
No |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: VALR or LATOKEN
| LATOKEN | VALR | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: VALR or LATOKEN
| LATOKEN | VALR | |
|---|---|---|
SMS Based 2 FA |
Yes |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: VALR or LATOKEN
| LATOKEN | VALR | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
No |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: VALR or LATOKEN
| LATOKEN | VALR | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: VALR or LATOKEN
| LATOKEN | VALR | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
LATOKEN vs VALR: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | LATOKEN | VALR |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
Yes |
Only ZAR |
Electronic Wallets |
Yes |
No |
Crypto |
Yes |
Yes |
LATOKEN vs VALR: Research
| Research Type | LATOKEN | VALR |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
No |
LATOKEN vs VALR: Education
| Education Type | LATOKEN | VALR |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
VALR vs LATOKEN: Support
| Support Features | LATOKEN | VALR |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
No |
Other |
Request form |
No |
LATOKEN vs VALR: Crypto Bonuses and Promo
| Promo | LATOKEN | VALR |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
Any user who registers with the platform using your referral link and undergoes identity verification will bring you a one-time bonus of $50. Your partner will also receive a like bonus. Bonus funds cannot be traded or used for investment, but they can be used to reduce trading fees. For each operation, you can pay up to 25% of the commission from the pool of referral bonuses. |
The VALR referral (affiliate) program has notable differences from the typical programs of other cryptocurrency exchanges. The program includes four levels, but they are determined not by the depth of the referral network, but by the actions of the user. At each level (except zero), the exchange provides bonuses in the form of discounts on fees or affiliate payments. Level zero: you register without a referral code and do not receive any benefits. Level one: you register with a referral (invitation) code and receive a 10% discount on all trading commissions. Level two: you invite another user with a referral code and get a 15% discount on all fees, and the user gets a 10% discount. Level three: you invite two or more referrals and get a 15% discount on your fees. Plus, you also have access to 10% of all the commission fees of your referrals. |
|
Your capital is at risk.
|
Top 5 Reviews on VALR
-
Comment
VALR's customer support was unresponsive and provided little assistance in resolving the issues I encountered. I cannot recommend VALR for crypto trading due to its poor performance, inadequate support, and security concerns.
-
Comment
Account blocked! No comments, personal personal assistant does not get in touch. Worked with them for many years, until the merged everything was fine! Looks like it's taken too much!
-
Comment
On various forums and sites there are negative reviews about VALR, and most of them are true) I checked everything myself. The earned money was not allowed to be withdrawn, although the trade was going normally.
-
Comment
According to my observations, VALR is an exchange for everyone who is engaged in cryptocurrency trading. Beginners here will appreciate the interface of the trading platform and professionals will enjoy the absence of unnecessary services, such as consulting or personal managers. As a professional, I am honestly tired of opening top accounts and getting a manager who is not always competent. There is no such problem here. And the choice of cryptocurrency and convenient ways to replenish the deposit will be appreciated by everyone. I would add a service for copying transactions so that professionals can share their knowledge and get a percentage, and beginners can learn from someone else's experience.
-
Comment
Over five years of trading on crypto exchanges, I have come across different situations such as the inability to withdraw funds, frost from the support service, slippage, and glitches on the platforms. I can't say that VALR is the dream of any crypto trader, but the company performs basic functions well, and that's enough for me. The choice of cryptocurrencies is about the same as on other exchanges, but the commissions are significantly lower. When trading in high volumes, this is especially valuable. Communication with the support service could be made faster, and an online chat could be added, but this is not critical.
Top 5 Reviews on LATOKEN
-
Comment
Trading on LATOKEN felt convenient — there are many altcoins, the interface is standard, and the mobile app runs smoothly. The 1:2 leverage for perpetual contracts is suitable for moderate risk. After registration, I received a welcome bonus in tokens, and the referral program offers $50 for an active partner. There are some limitations: fiat trading is not available, there is no phone support, and there’s no demo account.
-
Comment
The LATOKEN platform offers attractive entry conditions — a minimum deposit of just $1 is sufficient. Notable features include a crowdfunding platform and the ability to withdraw funds earned through investments in blockchain projects. I also appreciated the availability of a mobile app for both iOS and Android. Trading fees are around the market average, but the lack of fiat currency support is a slight limitation.
-
Comment
I think that LATOKEN is a low-level exchange. Those looking for good returns and volume have nothing to do here. But for novice crypto traders, LATOKEN is quite a good option. The main thing is to understand this platform and not to risk large orders. Volumes are small for very active trading, but for one or two trades per day this is quite ok.
-
Comment
At the LATOKEN exchange, various methods are used to ensure that users' funds remain on the exchange. The most popular method is using third-party wallets in the user's personal account. This means that the user, by copying the address in their LATOKEN account, transfers funds to a completely different wallet. This happens because the exchange changes the cryptocurrency network. However, the user is held responsible for such transfers, and no one refunds the money to them.
-
Comment
The Latoken exchange inflates trading volumes. As a result, my orders can linger in the order book for a very long time. Even though my orders do not get executed, periodically, orders appear in the order book and quickly disappear. It seems very much like Latoken exchange introduces robots into the trading terminal that engage in trading. I am afraid this might be simulated trading rather than actual trading on the real market.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.