VALR vs KuCoin: Fees, Coins, Safety Comparison
| Feature | VALR | KuCoin |
|---|---|---|
Overall |
2.8 |
4.5 |
1 |
2.7 |
|
4.1 |
4.5 |
|
3.9 |
5.0 |
|
Investment Instruments |
1 |
4.8 |
Platforms and Charting Tools |
4.2 |
4.7 |
Deposit and Withdrawal |
3.1 |
4.6 |
Research |
3.5 |
4.3 |
Education |
3.6 |
4.8 |
Support |
3.9 |
3.8 |
Bonuses |
3.7 |
4.4 |
|
Your capital is at risk.
|
VALR vs KuCoin: Pros and Cons
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.
KuCoin surfaced in 2017, and within years it has developed into one of the largest crypto exchanges by trading volume. Apart from basic trading options, the platform also offers peer-to-peer (P2P) trading, margin, and futures trading. It also allows users to lend or stake their currencies to win rewards and has relatively lower trading fees than the competitors. If you’re a US trader, you need to sign up for a KuCoin account to use KuCoin; however, the features are limited.
| VALR | KuCoin | |
|---|---|---|
| Overall Pros | a plethora of cryptocurrencies for exchange and trade; | Trading With Leverage up to 1:100 |
| functional and easy-to-learn trading terminal; | Derivatives, NFT Available | |
| the presence of an author's application for mobile trading; | Low trading and non trading fees | |
| lucrative referral program with discounts and rewards; | Passive Income With Staking and Mining Pool | |
| top-tier level of protection of data and user funds; | Great bonus program | |
| all major options for depositing and withdrawing funds; | ||
| low fixed fees for trading operations; | ||
| Crypto4Covid Fund for Covid-19 Affected People. | ||
| Overall Cons | only South African rand is presented as fiat; | Not regulated |
| communication with technical support can be initiated exclusively through tickets. | Limited access in the US | |
| the exchange does not offer tutorials; |
VALR vs KuCoin: Safety and Regulation
| Regulated By: | VALR | KuCoin |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
VALR vs KuCoin: Trading Conditions
| Trading Conditions | VALR | KuCoin |
|---|---|---|
Minimum Deposit |
$1 |
$5 |
Trading Platforms |
VALR |
KuCoin |
Max Leverage (Futures) |
44562 |
1-100 |
Number of Markets |
70+ |
630 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
ZAR, Cryptos |
20 fiat currencies + cryptocurrencies |
VALR vs KuCoin: Fees
Trading Fees
| Fee | VALR | KuCoin |
|---|---|---|
Max Maker |
0.10% |
0.1% |
Max Taker |
0.10% |
0.1% |
Min Maker |
0.10% |
0.0125% |
Min Taker |
0.10% |
0.03% |
Debit/Credit Card Purchase Fee |
0% (Only ZAR) |
0.1% |
Futures Trading fees
| Fee | VALR | KuCoin |
|---|---|---|
Max Maker |
Not supported |
0.02% |
Max Taker |
Not supported |
0.06% |
Min Maker |
Not supported |
0 |
Min Taker |
Not supported |
0 |
Non-Trading Fees
| Fee | VALR | KuCoin |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
0 |
Debit/Credit Card Withdrawal Fee |
8.50 ZAR |
0 |
BTC Withdrawal Fee |
variable |
0.0005 BTC |
Inactivity Fee |
No |
No |
VALR vs KuCoin: Trading Assets
| Asset Name | VALR | KuCoin |
|---|---|---|
Overall |
70+ |
630+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
Yes |
NFT |
No |
Yes |
Crypto ETF |
No |
No |
VALR or KuCoin: Investment Programs
| Asset Name | VALR | KuCoin |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
Yes |
Managed Accounts |
No |
Yes |
MAM/PAMM |
No |
No |
Other |
No |
Cloud Mining |
Trading Platforms: KuCoin or VALR
| VALR | KuCoin | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
Yes |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: KuCoin or VALR
| VALR | KuCoin | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: KuCoin or VALR
| VALR | KuCoin | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: KuCoin or VALR
| VALR | KuCoin | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: KuCoin or VALR
| VALR | KuCoin | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
VALR vs KuCoin: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | VALR | KuCoin |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
Only ZAR |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
VALR vs KuCoin: Research
| Research Type | VALR | KuCoin |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
VALR vs KuCoin: Education
| Education Type | VALR | KuCoin |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
KuCoin vs VALR: Support
| Support Features | VALR | KuCoin |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
Yes |
No |
Online chat |
No |
Yes |
Other |
No |
No |
VALR vs KuCoin: Crypto Bonuses and Promo
| Promo | VALR | KuCoin |
|---|---|---|
Crypto Bonus |
No |
Crypto Bonuses up to $500 |
Affiliate Program |
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. |
40% of the partner's trading commissions |
|
Your capital is at risk.
|
Top 5 Reviews on KuCoin
-
Comment
KuCoin provides access to a wide range of digital assets, including many lesser-known or niche coins. Despite this, my encounter with KuCoin has been nothing short of frustrating . On numerous occasions, I've encountered issues with deposits, withdrawals, or trade executions. I cannot in good conscience recommend this exchange to anyone looking for a reliable and trustworthy platform for trading cryptocurrencies.
-
Comment
If you trade cryptocurrencies, then definitely not here. They made a name for themselves earlier, but the trade has deteriorated, only the name remains, but this is catastrophically small!
-
Comment
Another exchange that will eventually scam or be hacked, everything is clear with it. More than once I was given an error when entering the site. There are already the first calls. I withdraw money, and I advise you.
-
Comment
Bad exchange, with high trading fees. I do not recommend even starting trading on KuCoin. I would give her a much lower place in the ranking, given the quality of the services she provides!
-
Comment
The first thing I pay attention to is the working hours of the crypto exchange. KuCoin has been operating since 2013, and this is quite a long time, so the company aroused my confidence. But to say that KuCoin is somehow very different from the competition and seems like a better option? I don't have that. Some users are attracted by the number of instruments, others by competitions within the exchange or leverage up to 1:100. But for me, high-quality analytics and the ability to delve into the market are much more important. Well, with KuCoin it didn't work out for me. The functionality of their own platform is good for beginners and not too fastidious traders, it is basic. I was not hooked, but I can’t say anything bad about this exchange either.
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.
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.
The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.
Mikhail’s motto: Learn something new and share your experience – never stop!
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.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!