When buying bitcoin it is best to use a trusted platform that is based right here in South Africa which is a registered Crypto Asset Service Provider. While there are a number of cryptocurrency exchange platforms locally, the one which we prefer to recommend is called Valr.

VALR (https://www.valr.com)is a digital asset platform headquartered in South Africa that allows customers to buy, sell, store and transfer bitcoin and over 60 other cryptocurrencies easily and securely.

Since it was launched in 2019, VALR has processed hundreds of billions of Rands worth of crypto assets in trading volume and serves over 250 000 retail and 500 institutional customers from around the globe.

Simple Buy / Sell

One of the reasons we like Valr is because of their Simple Buy / Sell option. This is a great place to start for novice users who are confused or dont understand how to trade properly. Using the Simple Buy option a user can easily select which crypto they would like to buy, and the amount that they would like to spend, and then confirm the trade. This option is great for those just beginning their crypto journey.

Auto Buy option

For those users who want an easy “no fuss” way to get bitcoin regularly, VALR also have an ‘Auto Buy’ option with a debit order directly from your bank account. This ‘Set and forget’ option allows users to set their regular Buys onto ‘auto pilot’ so that they can stack some crypto weekly or monthly without even logging into the platform.

Professional Trading Platform

For those who are more tech savvy or have experience with trading, the Valr trading platform is for you. Customers can place Buy or Sell orders into the order book to manually trade with other users of the platform.