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VALR vs Binance

VALR vs Binance Comparison Table 2024
VALR Binance
Review
2.2
Review
3.5
Binance is being sued by the SEC for a range of securities violations, including the commingling of client funds and 'wash trading' against its customers to artificially increase crypto prices. Your funds may be at risk if you trade with Binance. We do not recommend making any deposits.

VALR is an unregulated South-African cryptocurrency exchange, founded in 2019. Clients can access over 60 crypto assets with opportunities to earn staking and market making rewards. The broker also offers a QR code payment service.

Binance is one of the best-known crypto exchanges. The company is available in more than 180 countries with over 120 million registered customers. The platform offers a suite of crypto trading products, from staking and NFTs to derivatives.

Customer Reviews
5
Based on 1 VALR customer reviews
Bonus Offer
Reward Scheme
Comment by Reviewer
"VALR will appeal to new and experienced crypto traders in South Africa, looking for ZAR pairs and free deposits. On the negative side, regulatory oversight is weak with fewer crypto tokens than alternatives." "Binance will appeal to crypto investors looking to trade big tokens like Bitcoin plus niche coins with low fees. However, regulatory action and questionable handling of customer funds makes this firm too high-risk in our opinion."
Pros
  • Earn hourly staking rewards on certain assets, or save up to 15% on trading fees when you refer a friend
  • 0.01% of a trade's value paid to market makers when you use the Exchange Buy/Sell service
  • VALR Pay allows clients to send cash or crypto payments to any mobile number or VALR Pay ID, using fast and unique QR codes
  • The brokers Exchange Buy/Sell platform will appeal to experienced retail traders, with access to interactive TradingView charts
  • Fast fiat or crypto funding available, with no minimum or maximum limits
  • Over 350 crypto tokens are available with big names like Bitcoin and Ethereum
  • Crypto derivatives are offered including options and futures
  • Trade popular cryptos with high leverage up to 1:125
  • Binance Academy is a great resource for beginners
  • The account opening process is straightforward
  • There are no fees on fiat and crypto deposits
  • 24/7 support is available via live chat
Cons
  • Ticket-based customer support only
  • Services restricted in several countries including the US
  • Fees for more than one crypto withdrawal per calendar month
  • Not as many crypto assets as other brands
  • Limited educational content and resources
  • Unregulated with low trust score
  • Only ZAR fiat currency available
  • No demo account
  • No contact support number
  • Some regulatory investigations
  • The crypto exchange has been hacked
Instruments
Cryptos Cryptos
Demo Account
No No
Minimum Deposit
$0 $0
Trading Platforms
  • TradingView
  • AlgoTrader
Payment Methods
Minimum Trade
Variable $10
Margin Trading
No Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
Yes Yes
Mobile Apps
iOS & Android Yes
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • UAH
Cryptocurrency
VALR offers 60+ crypto assets including Bitcoin, Tether and Shiba Inu, though the selection is not as wide as other firms. However, traders can earn 0.01% in rewards as market makers. Binance is one of the world's largest crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace.
Spread
0.75% buy/sell per trade Variable fees with account tiers
Coins
  • BTC
  • ETH
  • BNB
  • SOL
  • USDC
  • XRP
  • AVAX
  • SHIB
  • AAVE
  • ADA
  • ALGO
  • ANT
  • BAT
  • BCH
  • BNT
  • BSV
  • CELO
  • COMP
  • CRO
  • CVC
  • DAI
  • DCR
  • DGB
  • DNT
  • DOGE
  • DOT
  • ENJ
  • EOS
  • ETC
  • GNO
  • GNT
  • KMD
  • LINK
  • LSK
  • LTC
  • MANA
  • MATIC
  • MONA
  • OMG
  • PAX
  • PIVX
  • QNT
  • QTUM
  • REPV2
  • RLC
  • SC
  • SNT
  • STMX
  • STORJ
  • TRX
  • TUSD
  • UNI
  • VET
  • WAVES
  • XEM
  • XLM
  • XTZ
  • ZRX
  • DOGE
  • VET
  • USDT
  • BTC
  • BNB
  • ETH
  • VTHO
  • ADA
  • ONE
  • SOL
  • NEO
  • LINK
  • XLM
  • NANO
  • LTC
  • BUSD
  • HBAR
  • ALGO
  • MANA
  • ZIL
  • ENJ
  • BCH
  • MATIC
  • EGLD
  • HNT
  • EOS
  • QTUM
  • RVN
  • DAI
  • IOTA
  • ONT
  • STORJ
  • UNI
  • ETC
  • BAND
  • OMG
  • XTZ
  • USDC
  • ATOM
  • DASH
  • ICX
  • BAT
  • MKR
  • OXT
  • ZEC
  • ZEN
  • ZRX
  • COMP
  • WAVES
  • KNC
  • REP
  • PAXG
  • FIL
  • WBTC
  • THETA
  • SHIB
Crypto Lending
No Yes
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
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