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.
Kraken is a leading cryptocurrency exchange with a proprietary trading terminal and a list of 220+ tradeable crypto tokens. Up to 1:5 leverage is available with stable rollover fees on spot crypto trading and up to 1:50 on futures. The exchange also supports crypto staking and has an interactive NFT marketplace.
Lower fees when trading volume exceeds $50,000 in 30 days
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."
"Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record."
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
Very good security track record with no hacks in a decade since launch
Excellent range of 220+ more established cryptocurrencies
NFT marketplace and crypto staking available
Great trading platform and mobile app
Low exchange fees on Kraken Pro
50x leverage on futures trading
Low minimum deposit of $10
3D secure required
Ticket-based customer support only
Services restricted in several countries including the US
Fees for more than one crypto withdrawal per calendar month
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin
Guaranteed Stop Loss
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.
Kraken is a specialized crypto exchange and supports more than 220 cryptocurrencies. These include all of the established tokens like Bitcoin as well as some altcoins. Traders can make trades on spot crypto markets with up to 1:5 leverage or on futures with up to 1:50. Fees are low and the platform is super easy to pick up.