VALR

VALR is a rapidly growing, remote-first, cryptocurrency exchange based in South Africa.

Established in 2019, the exchange supports a range of over 60 tokens, in addition to native ZAR pairs for BTC, ETH, and XRP. On ZAR pairs alone, VALR boasts a cumulative trading volume of R68.5bn ($4.6bn), with crypto-to-crypto volume exceeding 13,000 BTC and 25,000 ETH. In addition to spot trading, VALR offers a number of dynamic features, including simple swaps for alts, VALR Pay, and arbitrage. Simple swaps allow users to trade between ZAR and alts directly, without the need to first purchase BTC or ETH as an intermediary, making for an inclusive and streamlined user experience.

VALR Pay serves as a seamless fiat railway, allowing users to send fiat from their wallet to anyone’s phone number, email address, or VALR Pay ID, from friends and family to merchant services at no cost.

With VALR arbitrage, users are able to take advantage of the BTC price differences between local and international markets without the hassle of manual trading. Through the service, users may deposit collateral and receive profits in either ZAR or BTC, with a 25% fee on realized gains. Over the past two years, VALR has garnered 150,000 sign ups, with trading volume growing at a compound monthly rate of over 30%. The exchange’s lucrative rewards program has paid out over R55m ($3.7m) to traders on the platform.

VALR is available on Desktop, iOS and Android.