Comparison of Valr vs Tradeogre [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Valr vs Tradeogre comparison!

Your expert: Alejandro Borja

VALR

Valr

  • Threenvest valuation: 3,8/5
  • US legal: No
  • Security: High 4,6/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

tradeogre

Tradeogre

  • Threenvest valuation: 2,5/5
  • US legal: No
  • Security: Low 2/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Main points

Fees

-0,01%/0,10%

Earns

No

Customer service

4/5
0,20%

Fees

No

Earns

2/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

No

Buy and hold

Yes
No

Beginners

Yes

Trading

No

Passive income

No

Buy and hold


Comparison of fees

Rating

4.0 – Competitive fees with strong local support in South Africa.
4.0 – Competitive fees with additional benefits for high-volume trading.

Level

-0,01%/0,10%
0,20%

Brief explanation

VALR’s commission structure is designed to be competitive and attractive to both novice and experienced traders. The exchange employs a tiered fee system where the trading fees decrease as the user’s monthly trading volume increases. This incentivizes higher trading volumes while maintaining affordability for smaller traders. Fees for typical trades start relatively low, with further reductions possible depending on the trade volume and currency pairs being traded. Additionally, VALR occasionally runs promotions that temporarily reduce fees or offer rebates, enhancing the trading experience.
TradeOgre operates with a straightforward commission structure that appeals to many users, especially those trading in smaller volumes or those new to the cryptocurrency world. The exchange primarily charges a flat trading fee of 0.2% per trade, which is relatively competitive and simple to understand. This fee applies uniformly across all trades, without differentiation between makers and takers, making it easier for users to calculate potential costs associated with their trading activities.

Valr

VALR
Read VALR review
  • Strong Security Measures: VALR employs robust security protocols including cold storage of assets, two-factor authentication, and secure encryption technologies to ensure user funds are protected against unauthorized access.
  • Compliance with Local Regulations: As a South African exchange, VALR adheres to local financial regulations and guidelines, which bolsters its credibility and reliability as a trustworthy platform in the eyes of both users and regulators.
  • High Trading Volume and Liquidity: VALR supports a high trading volume and offers substantial liquidity, making it easier for users to enter and exit positions, which is especially beneficial for traders looking to execute large volume trades.
  • Reputation and Reviews: Since its launch, VALR has built a solid reputation within the cryptocurrency community. Positive user reviews often highlight its user-friendly interface, range of supported cryptocurrencies, and responsive customer support.
  • Year Founded: Established in 2018, VALR has rapidly grown to become one of the leading exchanges in South Africa, demonstrating strong market resilience and continuous adaptation to user needs and technological advancements.
  • Pros
  • Wide range of cryptocurrencies
  • Competitive trading fees
  • Strong security measures
  • Cons
  • Limited global fiat options
  • Slow customer support response

Read VALR review

Tradeogre

tradeogre
Read VALR review
  • Security methods: TradeOgre offers basic security features such as 2-factor authentication (2FA), providing a fundamental level of security for user accounts against unauthorized access.
  • Trading volume and liquidity: While not comparable to larger exchanges, TradeOgre maintains a decent level of liquidity for its niche altcoin offerings, making it possible for users to execute trades relatively smoothly.
  • Reputation and Reviews: TradeOgre has cultivated a niche but loyal user base that appreciates its privacy-focused trading environment. Reviews often highlight the ease of trading and the diverse selection of altcoins.
  • Customer service: Despite limited resources, TradeOgre provides essential customer support that addresses critical issues, maintaining operational integrity for its users.
  • Withdrawal and deposit policies: TradeOgre supports a wide range of cryptocurrencies for deposit and withdrawal, allowing users flexibility in managing their crypto assets with straightforward policies.
  • Pros
  • Supports numerous altcoins
  • Simple user interface
  • No KYC requirements
  • Cons
  • Limited customer support
  • No fiat trading options

Comparison sponsored by the best exchange

eToro

eToro Special Offer*

Earn up to 4.90% APY on uninvested cash with eToro USA.

Account Minimum

Get started with just $50.

And 1% fee on all cryptocurrency trades.

Read our eToro review here
etoro logotipo
Go to eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Product selection

Native token

No
No

Earns

No
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

VALR Pty Ltd.
Unknown

Regulation

Regulated in Sudáfrica
Not regulated

Year founded

2019
2018

Founder

Farzam Ehsani
Unknown

Payment methods

Transfers

Yes
No

Mastercard

Yes
No

Wire transfer

Yes
No

Card

Yes
No

Comparative table

Valr FEATURES Tradeogre
VALR allows relatively low minimum trades, making it accessible for beginners to start trading without requiring large initial investments.
Minimum Trade
TradeOgre allows for relatively low minimum trades, making it accessible for beginners or those looking to trade small amounts.
One of VALR’s strongest features is its competitive fee structure, which ranks among the lowest in the industry, benefiting all types of traders.
Trading and Transaction Fees
The platform is known for its low fee structure, which is competitive compared to many other crypto exchanges, enhancing its appeal to frequent traders.
The exchange offers a wide selection of cryptocurrencies, providing ample opportunities for diversification.
Number of Cryptocurrencies
TradeOgre excels in offering a wide variety of altcoins, including many that are not typically available on larger platforms, catering to niche market interests.
VALR supports a broad range of trading pairs, allowing users to trade directly between various cryptocurrencies without needing to convert to fiat.
Crypto-to-Crypto Trading Pairs
It supports a broad range of crypto-to-crypto trading pairs, giving users ample trading options and flexibility.
While VALR generally provides clear information, some users might find details regarding certain policies and operational procedures could be better highlighted.
Website Transparency
While TradeOgre provides essential information, it could improve by offering more detailed insights about its operations and security measures.
The VALR card integrates seamlessly with the exchange, providing convenient access to funds and attractive rewards, enhancing the overall utility of the platform for everyday transactions.
Credit/Debit Card
TradeOgre focuses on cryptocurrency trading with a minimalist approach and does not provide additional financial products like an exchange card.
VALR offers secure storage options including cold storage, ensuring high security for stored digital assets.
Storage Offering
The exchange provides basic wallet functionalities but lacks more advanced storage options such as cold storage or insured wallets.
The platform provides competitive staking options and rewards, making it attractive for users looking to earn passive income.
Staking and Rewards
There are limited options for staking or earning rewards on investments, which could detract users looking for passive income opportunities.
VALR offers both mobile and desktop platforms that are user-friendly and feature-rich, facilitating trading on-the-go as well as from a desktop setup.
Mobile App and Desktop
TradeOgre has a functional desktop platform, but the absence of a dedicated mobile app may hinder users who prefer trading on the go.
While available, customer service response times can be slow, which might frustrate users, especially those needing urgent support.
Customer Service
Customer service is minimal and mostly limited to email support, which might not suffice during urgent issues or for less tech-savvy users.
Deposits and withdrawals are facilitated smoothly, but improvements can be made in terms of speed and the variety of supported currencies and methods.
Deposit and Withdraw
Deposits and withdrawals are straightforward but limited to cryptocurrencies, which might be a barrier for those looking to use fiat currencies.

Key features

Analysis tools

Basic charting tools
Basic charting tools

Mobile APP

No
No

Security

High 4,6/5
Low 2/5

Additional features

Staking, fiat on/off ramps, VALR Earn, institutional services
Margin trading, staking, TradeOgre Earn, fiat on/off ramps

Anonymity

No
Yes

Key points

Available cryptocurrencies

50+
100+

User-friendliness

VALR offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.
TradeOgre offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.

Value for money

Offers good value for money with competitive fees and strong local support in South Africa, making it a good choice for regional users.
Offers good value for money with competitive fees and a user-friendly platform, making it suitable for both beginners and experienced traders.

Countries of operation

South Africa
United States, Canada, United Kingdom, Australia, Germany

Best for

Suitable for South African investors looking for a reliable platform with competitive fees and strong local support.
Suitable for both beginners and experienced traders seeking a user-friendly platform with competitive fees.

Base currencies available

ZAR, BTC
BTC

Account

Trading

VALR is a popular exchange in South Africa, offering a user-friendly platform and easy fiat integration. It supports a good range of cryptocurrencies and competitive fees but lacks some advanced trading tools.
TradeOgre focuses on lesser-known altcoins, offering a unique selection for users. It has competitive fees but lower liquidity and lacks advanced trading tools.

Deposit and withdrawal

VALR is popular in South Africa, offering easy fiat and cryptocurrency deposit methods. Withdrawals are processed efficiently, with competitive fees.
TradeOgre focuses on lesser-known altcoins, offering a unique selection for users. It supports various deposit methods, and withdrawals are processed quickly with low fees.

Account opening process

VALR provides a seamless and fully digital account registration process. Users need to submit personal details and verify their identity. The process is quick and usually takes less than a day to complete.
TradeOgre offers a seamless account registration process. Users need to fill out personal details and verify their identity. The process is fully digital and typically completed within a day.

KYC required?

Yes
No

Customer Service

VALR provides customer support via email and live chat. The support team is responsive and helpful, but the lack of 24/7 support may be a limitation for some users.
TradeOgre offers customer support via email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

VALR employs robust security features, including 2FA and cold storage. However, it is not regulated by major financial authorities, which might be a concern for some investors.
TradeOgre offers comprehensive security measures, including 2FA and cold storage. However, it lacks regulation from major financial authorities, which might be a concern for some investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As an expert reviewer on our website, I highly recommend VALR for anyone entering the cryptocurrency market in South Africa. The platform’s wide array of cryptocurrencies paired with some of the most competitive fees in the market makes it a top choice. However, if you’re trading from outside of South Africa or require swift customer support, you might want to consider these aspects before deciding.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an analyst at our site, I’d recommend TradeOgre for traders who are specifically interested in a diverse range of altcoins and prefer a platform that values user anonymity. While it’s great for exploring lesser-known cryptocurrencies, keep in mind that its minimal regulatory oversight and basic customer support could be a concern. If you’re comfortable with these aspects and prioritize privacy in your trading environment, TradeOgre could be a very suitable choice for your trading needs.

View all comparisons against Valr

View all comparisons against Tradeogre

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Valr and Tradeogre