VALR vs Kraken
VALR Review 2023 | Kraken Review 2023 |
---|---|
![]()
2.2
|
![]()
3.9
Kraken is #16 in our crypto broker rankings. |
![]() |
![]() |
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. |
Bonus Offer | |
Reward Scheme | 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." |
Pros | |
|
|
Cons | |
|
|
Instruments | |
Crypto | Cryptos |
Demo Account | |
No | Yes |
Minimum Deposit | |
$0 | $10 |
Trading Platforms | |
|
|
Payment Methods | |
Minimum Trade | |
Variable | Variable |
Regulator | |
FCA, FinCEN, FINTRAC, AUSTRAC, FSA | |
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 | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | Yes |
Auto Trading | |
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin | |
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 | |
|
|
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. | 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. |
Spread | |
0.75% buy/sell per trade | 0-0.26% average |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | No |
![]() |
![]() |
More Comparisons | |
VALR vs |
Kraken vs |