Here is our step by step guide on how to set up VALR:
Before we start our step-by-step guide on how to set up VALR, you may be wondering what VALR is exactly? VALR is South Africa's leading online cryptocurrency exchange. They specialise in allowing users to buy Bitcoin and Ethereum but also offer many other cryptocurrencies, all of which can be bought with South African rands. They allow you to deposit rand via EFT from any bank to buy Bitcoin and Ethereum and to withdraw rand to any South African bank account. They also allow you to set up an account quickly and easily getting your account fully verified in under 5 minutes. Click here to sign up for a free VALR account.
VALR encrypts your sensitive information both in transit and at rest. They automatically enable security features such as Two-Factor Authentication (2FA) by default for all critical transactions and require your authorization whenever there are any login attempts to access your account from any new device or location.
VALR specializes in the buying and selling of Bitcoin and Ethereum, but they also have a wide selection of other popular cryptocurrencies to choose from.
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VALR is one of South Africa's leading online cryptocurrency exchanges. It allows South African users to quickly and easily create an account and get up and running in minutes. They also accept South African Rands and EFT’s from South African bank accounts.
Here is our step-by-step guide on how to set up VALR. VALR is one of SA's biggest crypto exchanges, offering a wide variety of different cryptocurrencies. It is really simple to set up a VALR account and it only takes a few minutes. First you’ll need to go to the sign up page. Click here if you want to begin the sign up process. We also recommend that you have your mobile device with you during the sign up process, as you will need it to verify your account.
We recommend that you use our referral code provided to get added benefits when you begin using the platform. If for some reason our referral code doesn't automatically appear when you sign up, here is the code to add it manually: VAU2E74U
After clicking the link, you should reach a page similar to the image below. You will need to enter your details in the fields provided.
Once you have filled in your necessary details and have clicked the ‘next’ button, you will be sent an email to the email address that you signed up with. You will need to open this email and click the link given to you in order to verify your email address. This is necessary to ensure that the email address that you entered is correct and that you are not a bot. This step is necessary in order to set up VALR. The email that you received should look something like this:
Once you have verified your email address you will have to log back into VALR to complete the process. The verification link should take you to the login page. If it doesn’t do so, click here for the login link. From here, there are just a few more steps in order to start buying and selling cryptocurrencies on VALR.
After logging back into VALR, you will be asked to verify your cell number. This is in order to create Two-Factor Authentication for when you login which adds a second level of security to your account to ensure that your account is unhackable and secure. You will need to have access to your phone and you will be asked to enter a pin that will get SMS'd to you when you attempt to login to VALR. Once you have entered your mobile number and clicked the ‘next’ button, you will be sent an SMS with a code on your mobile device. You will be asked to enter this code on VALR to verify your mobile number.
Once this step is complete, you will need to verify your identity. This requires you to give your home address and once these details are added, simply click the 'save and continue' button to go on to the next step.
You will then be asked to upload an image of an identification document of your choice. You may use your drivers licence, ID card or your passport to do this step. You may upload an image from your desktop, or if you are signing up with a mobile device, you may take a photograph of you ID document with your phones camera.
Once you have uploaded your identification document, you should come to a screen that asks you to click a button in order to get a secure link. You will need to have your mobile device for this step. This is to set up VALR's Two-Factor Authentication, a handy security feature, which only allows someone to access your account when a security code that gets SMSed to you is entered when there is a login attempt. You will need to click the 'get secure link' button to continue with this process.
You will then arrive at a screen where you will need to enter the mobile number you wish to use for this added security feature. We recommend using your personal number, preferably one that no one else has access to, in order to ensure that no one else can get into your account.
Once you have entered your cell number and have received the security code, VALR will ask you to enter the code. Once entered you will be taken to a screen where you will need to submit your verification. You will then come to a page showing your verification status. It may take a few minutes for your account to be verified. If you see a screen like this, it means you still have to wait for your account to be verified:
After a few minutes, your account will become verified and you will be able to log into VALR. Please note that you will need your mobile phone close by whenever you attempt to login, as you will be sent an SMS with a new code with each login attempt. Now that you are verified and you have set up VALR, you should be able to begin trading immediately.