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VALR review: score, licensing and risks

75/100SCORE · BTrusted Grade B, very good

VALR is South Africa's largest exchange, licensed domestically, with very competitive fees, published proof of reserves and a clean security record. Liquidity is thinner than at global venues.

The facts

FOUNDED
2018
HEADQUARTERS
Johannesburg, South Africa
CUSTODY
Custodial.
MiCA / EEA
Not applicable. Africa focused, with a Polish registration for Europe.
US ACCESS
No.
PROOF OF RESERVES
Publishes proof of reserves.
FEES
Around 0.0 to 0.10 percent maker, very competitive.
ASSETS
100 plus

How the score breaks down

regulation18/25
security18/25
costs14/15
assets10/15
platform8/10
support7/10

Each dimension is explained on the methodology page.

Where it is strong and where it is not

✓ Strengths
  • Licensed in South Africa with a clean record
  • Among the cheapest fees anywhere
  • Publishes proof of reserves
  • Strong ZAR rails
✗ Weaknesses
  • Africa focused
  • Smaller asset list
  • Thinner liquidity than global venues

Incident history

No major security breach or regulatory action on record.

Our read

The leading African venue, properly licensed, cheap and with a clean record. Liquidity is the constraint rather than trust.
COMPARE
RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.