VALR provides two forms of trading:
- Simple Buy/Sell for over 50 cryptocurrencies (great for beginners).
- Exchange Buy/Sell for buying bitcoin and ethereum with rand (for advanced traders).
1. Simple Buy/Sell
Login to your VALR account and follow these steps:
- Click on Explore markets
- Click on buy or sell for the cryptocurrency you wish to trade
- Enter the amount of South African Rand (or other cryptocurrency) you wish to spend
- Click review buy/sell
- Click confirm buy/sell
2. Exchange Buy/Sell
The VALR exchange is an advanced trading platform for buying and selling bitcoin, ethereum and XRP (and soon other cryptocurrencies) with rands.
This feature allows users to choose to buy or sell cryptocurrency at a specific price, rather than at the current ruling price.
Exchange orders are not always filled instantly, but rather represent a list of offers at which people are willing to trade cryptocurrency. For a transaction to complete, another person must accept the offer to buy or sell a cryptocurrency that is listed on the order book.
To learn more about the VALR Exchange and how our exchange works, you can read the following: