In the crypto space, South African investors and traders are faced with a big choice difference between two comparable heavy-hitter exchanges: VALR and Luno. Both crypto exchanges provide users with a plethora of unique features tailored to both newcomers and veterans, but yet, each has its advantages and downsides.
Here we delve into the fundamentals of each contender in the ring, weighing up their main features, fee structures, security measures, and their regulatory compliance. By considering both the pros and the cons of each South African crypto exchange, users can ensure the platform they use is tailored as closely as possible to their trading requirements.
VALR offers a wide array of features to traders, with specialized services and advanced tools available through its Pro Trading interface for more seasoned users. On this platform, users can use up to 5x leverage in Spot Margin Trading and gain access to both spot and futures markets.
For newer and more unfamiliar crypto users, VALR offers a simplified experience through its Simply Buy & Sell service, accompanied by an Auto-Buy option that automates crypto purchases. When it comes to payments, VALR Pay offers users an instant and fee-free crypto transaction option, while businesses benefit from more bespoke solutions to keep one step ahead of the markets.
Luno offers an accessible and educational platform, geared more towards newcomers to the crypto space. This exchange enables users to automate their crypto investments through its Repeat Buy feature while ensuring smooth and fast fund transfers through its range of payment partners.
Luno also offers an educational hub through its Explore section and price alerts to ensure users remain aware of market
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