In 2024, VALR, Africa's largest crypto exchange, doubled its user base to over one million as a result of its global expansion efforts and increasing interest in cryptocurrencies.
VALR's User Base Growth in 2024
This year, VALR attracted 500,000 new users, increasing its total to more than one million. This success was driven by an active expansion strategy and a new surge in Bitcoin's value, which exceeded $90,000.
Global Expansion and Key Milestones
VALR launched an international campaign reaching 12 countries across Asia, Africa, Europe, and the Middle East. It also became one of the first exchanges to receive Category I & II licenses from South Africa's FSCA.
New Initiatives and Products
In 2024, VALR introduced several initiatives to attract new users, including the Grand Slam competition and Futures Trade Arena. A localized version of its app was also launched for Asian users.
With numerous initiatives and active international expansion, VALR continues to solidify its market position and attract new users.