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.
Uphold is a digital asset platform offering a range of services, from crypto trading and staking to payment cards that provides rewards and easy multi-currency payments. The company was established in 2015 and has enabled $4+ billion in transactions. Uphold is now active in 180+ countries and deals in 200+ crypto and fiat currencies.
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
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
Fees are competitive based on tests, with 26 underlying platforms helping to source the best prices
Uphold continues to remain ahead of the industry, often being one of the first platforms to list new crypto tokens
Crypto staking is available on 30+ tokens with above-average rates up to 16%
Uphold is 100% reserved which helps to protect client funds
Over 250 cryptos are available including major tokens like Bitcoin and Ethereum
The proprietary app is extremely easy to use with a slick design and navigation
UK users can get the Uphold card with up to 2% cashback in XRP
Two-step authentication bolsters user security
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 charting analysis features on the platform trail specialist exchanges
Customer service is slow based on tests, with limited contact options
There is a 2.49% fee if you want to use debit or credit cards
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.
You can buy and sell 250+ crypto assets with fiat currencies or in crypto pairs using the straightforward mobile app or through Uphold's browser-based account homepage. This is significantly more than many rivals. You can also earn up to 16% APY by staking one or more out of 32 valid tokens, or send tokens to an external wallet.
