VALR vs OKX

VALR vs OKX Comparison Table 2024
VALR OKX
2.2
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

OKX is a respected cryptocurrency firm, established in 2017, that offers a large suite of products, from mining pools to NFTs. Traders can access over 400 crypto tokens via OTC trading and derivatives. With an excellent web platform, developer tools and dynamic charts, OKX is a popular choice for technical traders.

Customer Reviews
5
Bonus Offer
Reward Scheme $10 in BTC
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." "OKX is a top pick for crypto traders looking for emerging coins and crypto projects to invest in. Traders can also make use of the broker's copy trading service and automated bots."
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
  • There's an impressive range of blockchain products, including DeFi services, NFTs and games, alongside 400+ established and emerging coins
  • You can access a wide range of trading products, including futures, options and perpetual swaps via a mobile app or desktop platform
  • OKX maintains an excellent reputation with 20 million global clients and a license from the Dubai Virtual Assets Regulatory Authority
  • Traders can access historical market data for spot and futures combining OHLC data, aggregate trades and trading history
  • There's a vast developer lab plus access to a marketplace of pre-built trading bots with auto-arbitrage
  • Active traders can expect competitive maker and taker fees, from 0.02% and 0.05%, respectively
  • Crypto staking and pools are available with competitive mining fees from 2%
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
  • The firm offers limited regulatory oversight, though this is common among crypto brokers
  • The quality of customer support was inconsistent based on testing
  • The broker's platform and features may be complex for novices
Instruments
Cryptos Spot, futures, perpetual swaps, options
Demo Account
No Yes
Minimum Deposit
$0 10 USDT
Trading Platforms
  • TradingView
  • AlgoTrader
Payment Methods
Minimum Trade
Variable Variable
Regulator
VARA
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 Android & iOS
Auto Trading
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
  • USD
  • EUR
  • GBP
  • INR
  • JPY
  • SGD
  • RUB
  • AED
  • SAR
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. OKX continues to offer a superb selection of 400+ tokens including Bitcoin and Ripple. You can buy and sell tokens or trade cryptos on margin via derivatives, including perpetual swaps, options and futures. OKX stands out for its low fees, extensive range of tokens and speedy crypto transactions.
Spread
0.75% buy/sell per trade Variable
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
  • BTC
  • XCH
  • ETH
  • OKB
  • OKT
  • LTC
  • DOT
  • ADA
  • DOGE
  • XRP
  • USDT
  • ICP
  • BCH
  • LINK
  • XLM
  • ETC
  • MATIC
  • THETA
  • UNI
  • TRX
  • EOS
  • FIL
  • XMR
  • NEO
  • USDC
  • AAVE
  • SHIB
  • LUNA
  • KSM
  • BSC
  • ATOM
  • IOTA
  • ALGO
  • XTZ
  • CRO
  • MKR
  • BTT
  • CEL
  • LEO
  • WBTC
  • WAVES
  • KLAY
  • DASH
  • XEM
  • COMP
  • SNX
  • ZEC
  • DCR
  • SUSHI
  • SOL
  • EGLD
  • DAI
  • BTG
  • ZEN
  • NANO
  • KISHU
Crypto Lending
No Yes
Crypto Mining
No Yes
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
VALR
vs
OKX
vs