The new Shared accounts feature is now live on VALR!
This feature allows you to grant view-only, view & trade, and view & crypto withdrawal access to your VALR Main or Sub-account to trusted guests. You can now invite guests to access your VALR account or get invited to other customers' VALR accounts.
The current phase of this feature allows you to grant View access, Trade access and Crypto withdrawal access:
View Access
Your guest will only have read/view access to your account. View access will only allow your guest to view your:
- Balances
- Transaction history
- List of shared accounts
Trade Access
This will have the view permissions by default, and additionally, it will allow your guest to perform the following actions on your account:- Place a simple Buy/Sell order,
- Simple swap order
- Exchange order (Limit, market, and Stop order)
Note:
1. Guests can't initiate any withdrawals from the account.
2. Every action performed on your account by your guests will be logged. You will see the complete Audit trail in the "Transactions" tab.
Crypto withdrawal Access
This will have the view permissions by default as well, and additionally, it will allow your guest to perform the following actions on your account:- Initiate crypto withdrawals to the addresses stored in the wallet address book
Note:
1. Guests can only withdraw to the existing addresses saved in the wallet address book.
2. Guests can't add a new address to the Wallet address book.
3. Every action performed on your account by your guests will be logged and can be viewed under the "Transactions" or "Audit Trails" tab.
How to Share my account access?
- Login to your VALR account using the Website: https://www.valr.com/login
- Click on your Profile Name in the top right corner, then click on Shared Accounts.
- Click on "Guests with access to my account".
- Click on "Invite your first guest".
- Enter your guest's email, select the account you want to share the access to (it could be your main account or a specific sub-account) and select the Permissions you would like your guest to have and click on Authorize.
- You will receive an email with the link to authorize sharing of your account. Once approved, you will need to enter your 2FA one-time pin.
- Your guest will receive an email to "Approve the invitation" to access your account. Once authorized, your guest will be able to access your account.
Here are a few things to keep in mind:
- Please only share the access with the people you know and trust.
- You must have 2FA enabled on your account to invite guests and accept invitations.
- You can revoke access to your account anytime by going to the "Guests with access to my account" tab.
- If your guest does not have an account on VALR, they will receive an email to create an account before they can accept the invitation.
- This feature is currently only available on the Website.