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3.69/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum deposit:
  • $1
Trading platform:
  • Proprietary platform
Trading features
  • All major cryptocurrencies, only South African rand is available from fiat, low fixed fees, mutually beneficial referral program, no investment
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Our Evaluation of VALR

3.69/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

VALR is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.69 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by VALR clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.

The VALR exchange offers a simplified cryptocurrency trading system with favorable conditions. The site stands out for its functionality, large trading volumes, and top-tier level of security. Of the options for passive earnings, only the referral program is available. There is mobile trading. The crypto exchange is engaged in charity work and acts transparently within the framework of international law.

Brief Look at VALR

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.

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Advantages of trading with VALR:
  • a plethora of cryptocurrencies for exchange and trade;
  • functional and easy-to-learn trading terminal;
  • the presence of an author's application for mobile trading;
  • lucrative referral program with discounts and rewards;
  • top-tier level of protection of data and user funds;
  • all major options for depositing and withdrawing funds;
  • low fixed fees for trading operations;
  • Crypto4Covid Fund for Covid-19 Affected People.
Disadvantages of VALR:
  • the exchange does not offer tutorials;
  • only South African rand is presented as fiat;
  • communication with technical support can be initiated exclusively through tickets.

TU Expert Advice

Anastasiia Chabaniuk

Author, Financial Expert at Traders Union

VALR provides a cryptocurrency exchange offering a broad range of major cryptocurrencies, including Bitcoin, Ethereum, and Ripple. The exchange supports trading with the South African rand and provides proprietary web and mobile trading platforms. A functional interface, low fixed fees, and a rewarding referral program are among its key advantages. The platform focuses on security, employing multiple layers of protection for user funds and data, and facilitates mobile and web trading for increased flexibility.

However, VALR presents certain drawbacks, including support for only ZAR among fiat currencies and limited client service access through a ticket-based system. The lack of educational resources also stands out. While the exchange is suitable for experienced traders familiar with cryptocurrency trading, its restriction to one fiat currency and limited client support may not appeal to beginners or traders focused on diverse fiat transactions.

VALR Summary

Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.

💻 Trading platform: Proprietary (web and app)
📊 Accounts: Standard
💰 Account currency: Cryptos, currencies
💵 Deposit / Withdrawal: Bank cards and accounts (ZAR only), electronic and cryptocurrency wallets
🚀 Minimum deposit: $1
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: From 0
💱 Commission: Spot: 0%-0,1%
Futures: 0%-0,04%
🔧 Instruments: Futures, Perpetual contracts, Fiat, NFT.
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Order execution: Market
⭐ Trading features: All major cryptocurrencies, only South African rand is available from fiat, low fixed fees, mutually beneficial referral program, no investment
🎁 Contests and bonuses: Not indicated

The VALR crypto exchange has not set a minimum deposit. To make a quick exchange or trade on the exchange, the user needs to register, go through verification and deposit any amount of funds using any of the available methods. There are no limits or restrictions on trading strategies. There is no leverage for margin trading. Please note that there is only one way to contact the technical support of the company — through the ticket system.

Technical specialists will provide answers 24/7. You can see the summary data on the main trading conditions of the site in the table below.

VALR Key Parameters Evaluation

Video Review of VALR

User Satisfaction i

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SANTHANARAJ
13 weeks ago

VALR offers everything you need for active trading, and I was particularly pleased to see that it has its own mobile app. It works stably, is organized conveniently and is generally pleasant to use, especially if you're often on the move. The interface is intuitive and the necessary functions are at your fingertips, but if you're expecting tutorials, there aren't any. There are no courses, no guides, not even basic instructions for beginners. You either have to learn everything on the job, or proceed by trial and error. This isn't critical for experienced traders, but if you're just starting out, you'll need to spend some time figuring it out. Otherwise, it's a fully functional platform. It's just that it's not about learning, it's about trading consciously.

VALR offre tout ce dont vous avez besoin pour une négociation active, et j'ai été particulièrement heureux de constater qu'il dispose de sa propre application mobile. Elle fonctionne de manière stable, est organisée de manière pratique et est généralement agréable à utiliser, surtout si vous êtes souvent en déplacement. L'interface est intuitive et les fonctions nécessaires sont à portée de main.
Mais si vous vous attendez à recevoir des tutoriels, il n'y en a pas. Il n'y a pas de cours, pas de guides, pas même d'instructions de base pour les débutants. Vous devez soit tout apprendre sur le tas, soit procéder par essais et erreurs. Ce n'est pas critique pour les traders expérimentés, mais si vous débutez, vous devrez passer du temps à comprendre.
Sinon, il s'agit d'une plateforme tout à fait fonctionnelle. C'est juste qu'il ne s'agit pas d'apprendre, mais de trader consciemment.

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irfanullah
18 weeks ago

I've been trading on valr for a while now and can note that the choice of cryptocurrencies is really wide - there are both major and lesser-known coins, which is handy for diversification and finding interesting entry points. This is one of the advantages that immediately caught my attention, and the trading terminal proved to be very functional, yet easy to master. The interface is intuitive, with all the main tools at your fingertips and nothing superfluous. Even at first, I didn't need to understand it for long - I got completely used to the platform within a few sessions. So far, my impressions are quite positive. The platform will suit both those starting out in crypto-currency trading and those already working confidently in the market.

Je trade sur valr depuis un certain temps maintenant et je peux noter que le choix de cryptocurrencies est vraiment large - il y a à la fois des pièces majeures et des pièces moins connues, ce qui est pratique pour la diversification et pour trouver des points d'entrée intéressants. C'est l'un des avantages qui a immédiatement attiré mon attention.
Le terminal de trading s'est avéré très fonctionnel, tout en étant facile à maîtriser. L'interface est intuitive, les principaux outils sont à portée de main, rien de superflu. Même au début, je n'ai pas eu besoin de comprendre longtemps - je me suis complètement habitué à la plateforme en l'espace de quelques sessions.
Jusqu'à présent, mes impressions sont plutôt positives. La plateforme conviendra à la fois à ceux qui commencent à s'initier au trading de crypto-monnaies et à ceux qui travaillent déjà avec confiance sur le marché.

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c0r0na
22 weeks ago

One of the nice surprises about VALR was the referral program - in my opinion, it really pays off. You can get rewards for invitations, and there are discounts on commissions for you and those you invite. If you have a social circle interested in crypto, you can save a lot of money or even earn a bit more. However, there's one limitation to bear in mind: only the South African rand is represented on the platform among fiat currencies. It's not the most popular option, especially for international users. Personally, I've had to look for workarounds to deposit and withdraw via crypto, which isn't critical, but adds steps to the process. The platform looks interesting for those who focus on crypto-currencies and like to optimize costs through affiliate programs.

L'une des bonnes surprises de VALR a été le programme de parrainage - à mon avis, il est vraiment rentable. Vous pouvez obtenir des récompenses pour les invitations, et il y a des réductions sur les commissions pour vous et ceux que vous invitez. Si vous avez un cercle social intéressé par la cryptographie, vous pouvez économiser beaucoup d'argent ou même gagner un peu plus.
Cependant, il y a une limitation dont il faut tenir compte : seul le rand sud-africain est représenté sur la plateforme parmi les monnaies fiduciaires. Ce n'est pas l'option la plus populaire, surtout pour les utilisateurs internationaux. Personnellement, j'ai dû chercher des solutions de contournement pour déposer et retirer via crypto, ce qui n'est pas critique, mais ajoute des étapes au processus.
La plateforme semble intéressante pour ceux qui se concentrent sur les crypto-monnaies et qui aiment optimiser les coûts grâce à des programmes d'affiliation.

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manu
1 year ago

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.

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autodorrgip
2 years ago

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!

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SanuyemSa
3 years ago

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.

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varam
3 years ago

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.

Score:
Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology
7.25/10

Regulation and safety

With a 7.25/10 score, VALR demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.

Advantages of VALR
  • Investor protection fund
  • Cold wallet storage
  • Government-regulated
  • No successful hacks history
  • 2FA
Disadvantages of VALR
  • No facial recognition
  • Not tier-1 regulated
  • Not U.S regulated

VALR Security Factors

We also compared VALR against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

VALR OKX Kraken
Tier-1 regulation No No Yes
Government-regulated Yes Yes Yes
Investor protection fund Yes Yes No
2FA Yes Yes Yes
Facial recognition No Yes No
Cold wallet storage Yes Yes Yes
Successful hacker attacks No No No

Is VALR a regulated crypto exchange?

VALR is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.

VALR is authorized or licensed in accordance with local regulations in the following regions: South Africa.

Is verification (KYC) mandatory at VALR?

Yes, KYC verification is mandatory at VALR. You will need to complete the verification process before you can open an account and access the platform's full range of services.

In which countries is VALR available?

VALR complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, Iran, Islamic republic, Kazakhstan, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact VALR support.

Is VALR available in the USA?

Yes, VALR is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.

Score:
This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.
8.5/10

VALR commissions and fees

VALR has earned a rating of 8.5/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as VALR is a platform with minimal crypto trading costs.

Advantages
  • Futures fees below industry average
  • Spot fee below industry average
  • No deposit fee
Disadvantages
  • Withdrawal fee may be applied
  • P2P fee applied

What are VALR trading fees?

We analyzed VALR’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.

VALR trading fees vs competitors

VALR Binance Bybit Industry average
Spot, maker fee (%) 0 0,1 0,1 0.15
Spot, taker fee (%) 0,1 0,1 0,1 0.194
Futures, maker fee(%) 0 0,02 0,02 0.024
Futures, taker fee(%) 0,04 0,05 0,055 0.053

What are VALR deposit and withdrawal fees?

Deposit fee, % 0-3,9
Withdrawal fee, % 8,5 ZAR

Does VALR offer P2P trading?

Yes, VALR offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.

VALR P2P Fees

VALR Binance Bybit
P2P maker fee (%) - 0,01 (rebate) 0,1 0
P2P taker fee (%) 0 0,1 0
Score:
We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.
6.5/10

Deposit and withdrawal

VALR received a 6.5/10 rating for its deposit and withdrawal services. While VALR covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.

Advantages
  • Bank cards accepted for instant deposits
  • Many cryptocurrencies for deposits and withdrawals
  • Bank transfers for deposits and withdrawals
  • P2P for flexible transfers
Disadvantages
  • No PayPal option
  • No Google Pay option
  • Deposit fees apply

Deposit and withdrawal options

VALR supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.

VALR Deposit and withdrawal options vs competitors

VALR OKX Kraken
Bank transfers Yes No Yes
Bank card Yes Yes Yes
Crypto Yes Yes Yes
PayPal No No Yes

What is VALR minimum deposit?

The minimum deposit at VALR is 1 USD/USDT or 0,0001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

VALR minimum deposit vs competitors

VALR OKX Kraken
Minimum deposit, USD or USDT 1 10 10
Minimum deposit, BTC 0,0001 0,0005 0,0001
Minimum trade amount, USD/USDT 1 0,00001 1

Does VALR support fiat money?

VALR supports fiat currency trading and account funding. The following fiat currencies are accepted:

Score:
6.5/10

Supported coins & markets

VALR received a score of 6.5/10 in this category, reflecting a solid selection of tradable assets and markets. VALR supports 0 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.

Advantages
  • Crypto copy trading available
  • Staking available
  • NFTs available
Disadvantages
  • Crypto options not available

VALR supported coins and markets vs competitors

We compared VALR with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.

VALR OKX Kraken
Supported coins 329 278
Futures/Perpetual contracts Yes Yes Yes
Options No Yes No
NFTs Yes Yes Yes

VALR passive income options vs competitors

We also compared VALR with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.

VALR OKX Kraken
Staking Yes Yes Yes
Yield farming Yes Yes Yes
Copy trading Yes Yes Yes
Score:
This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles.
8.5/10

Trading apps & tools

VALR received a score of 8.5/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.

Advantages
  • Mobile indicators allowed
  • Strategy sharing with Copy Trading
  • Advanced tools and automation with API
  • App data protection with 2FA
Disadvantages
  • No trading bots for traders
  • No standalone desktop access
  • Advanced orders not available

Trading apps

VALR provides web and mobile apps for both Android and iOS users, with an average rating of 4,8 on the App Store and 4,7 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the VALR platform is for mobile use.

VALR
2FA Yes
Face ID No
Mob Indicators Yes
Alerts Yes
Advanced Orders Yes
Trading with bots No
API Yes
Extra trading platforms No

Does VALR offer a desktop app?

No, VALR does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.

Does VALR offer advanced charting with TradingView integration?

Yes, VALR offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.

Contacts

Foundation date 2018
Registration address 29 Wessel Road, Edenburg, Johannesburg, Gauteng, 2000, South Africa
Official site https://valr.com
Contacts
+27 067 907 5078

Latest VALR News

05.10.2023
Glory Faleke
VALR receives initial approval from Dubai regulator
​Cryptocurrency exchange VALR has announced that its subsidiary, VALR FZE, has received initial approval from the Dubai Virtual Asset Regulatory

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