VALR

VALR is a crypto exchange company which was launched in 2019, and besides being in the crypto exchange industry for such a short time, VALR has made a remarkable rise and is now regarded as one of the largest crypto exchanges in SA in terms of trading volumes. The company’s cumulative trading volume rose rapidly from R10 billion up to R50 billion, and this is very impressive indeed.

Valr Summary

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Valr Review

VALR provide a digital asset platform that allows our customers to buy, sell, store and transfer cryptocurrencies seamlessly and securely, the main idea behind the creation of VALR was to help bridge the gap between our traditional fiat financial system and the new world of cryptocurrencies. VALR offers a variety of features bound to get anyone’s interest, some of these features include exchanging, selling, and buying cryptocurrency, trading crypto without fee, making payments to different VALR accounts.
The company offers a number of cryptocurrencies on its platform namely Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and several other cryptocurrencies are for trading. When it comes to the issue of fiat funds, the currency represented on this platform is the South African rand. The company is very popular because it tries to cater for everyone including the poor and that is the reason why its customers can buy Bitcoins for as little as 10 ZAR. The other popular Crypto Exchanges in South Africa are: Luno, Altcointrader, Revix and Binance. See how to download the VALR App.
VALR has a great online presence as it is available on the desktop site and it also has a mobile App which is available for iOS and Android for mobile trading. The company is backed by big companies namely 100/X, BITTREX, Montegray Capital and 4dicapital. These partnerships are very important, for example, Bittrex is a premier US-based blockchain platform, providing fast trades, dependable digital wallets and industry-leading security, so such a partnership will allow VALR to support over 50 cryptocurrencies.

How to register with VALR South Africa

For you to get start using VALR, you must create an account and please note that you are only allowed to register if you are at least 18 years or older. To register, you must:
Visit their official website at https://www.valr.com/
Click on the purple ‘Get Started’ button.
Fill in the provided registration form with the following details:
First Name
Last Name
Country
Email
Password
Confirm your humanity and click on the ‘Sign Up’ button.
You will receive a confirmation email to your registered email and you must then verify it to complete the registration process.

Other useful links:

• VALR Referral Code
• VALR Login Guide
• VALR Sign Up/Register
• VALR vs Luno
• VALR vs Altcointrader

How to deposit funds with VALR South Africa

Making a deposit into your VALR account is extremely easy and you simply have to follow a simple process below, to send your money to your VALR account, you must:
Sign in to your VALR account.
Click on “Deposit ZAR” on your Wallets page.
Select the bank you will make a deposit from.
You will be shown VALR’s banking details (this is where you will need to send your ZAR). You will also be shown your unique reference number that you must use as your payment reference.
Sign in to your South African bank account.
Make a payment using the bank account details in step 4 above with the amount that you wish to fund your VALR account.
Do not forget to use the exact reference number that you are shown in step 4 above as the beneficiary reference when making payment from your South African bank account.

How to withdraw funds with VALR?
It is important for you to realise that you can withdraw funds from your VALR account into a South African bank account but this account has to be in your own name as you are not permitted to withdraw funds in an account that is not in your own name.
To make a withdrawal, you must first link your South African bank account for ZAR withdrawals and you can do so by following the steps below:
Sign in to your VALR account.
Go to the “Bank accounts” page under your profile name.
Click link a bank account.
Enter your bank account details (the account must be in your own name).
Click next to be sent an authorisation email.
Navigate to your email (on the same device), click to authorise new bank account.
You’ll be sent back to the exchange, then have to enter a one time pin OR your 2FA code.
Then your bank account will be linked!
After you have completed the process of linking your bank account, you can then follow the following steps to withdraw your funds:
Sign in to your VALR account.
Go to your Wallets page.
Click on “Withdraw” on your Rand Wallet.
Select the bank account you wish to withdraw to.
Enter the amount of Rands you wish to withdraw.
Select whether you would prefer a normal withdrawal or a fast withdrawal.
button to review your withdrawal.
Check that you have entered all the details correctly, and confirm your withdrawal.
Enter a one time pin or 2FA code to validate your withdrawal.

Which cryptocurrencies does VALR offer?

VALR offers a total of 58 cryptocurrencies and this is a huge number indeed because the company’s clients have a variety when it comes to their choice of cryptocurrencies. The cryptocurrencies available on this platform are:
Bitcoin
Ethereum
XRP
Aave
Cardano
Algorand
Aragon
Bancor
Basic Attention Token
Bitcoin Cash
Bitcoin SV
Celo Compound
Crypto.com Coin
Civic
Dai Decred
Digibyte
District0x
DogeCoin
Polkadot
Enjin Coin
EOS Ethereum
Classic Expanse
Game Credits
Gnosis Golem Komodo Chainlink
Lisk Litecoin Decentraland
Polygon MonaCoin OmiseGO
Paxos Standard Pivx TenX Pay Token
Quant Qtum Augur
iEx.ec Siacoin Status Network Token
StormX Storj TRON
TrueUSD Uniswap U.S. Dollar Coin
VeChain Vertcoin Waves
NEM Lumen Tezos
0x Protocol

The VALR App

The VALR user-experience is great because VALR has a great android App which is available for both Android and iOS so you can easily download on the Google Play Store and the App Store.
The App has useful features and it allows customers to do everything or gives access to everything that is offered on the platform including depositing funds amongst other things.