Valora - Crypto Wallet Reviews

by Monarch1643

I just installed Valora to give it a try without any invitation. In order to confirm my phone number to receive funds, its asking for 3 x 0.07 cUSD= 0.21cUSD! While my wallet was just created and has zero balance. How could I even get this to work?😐
I have celo in my other wallet but there is no option in Valora to deposit them without a confirmed phone number. Loop hole!
And the only way to confirm is using moonpay to buy celo!🤔
Not a smart start for Valora .
With a lot of alternative wallets plus stable coins out there this is not any better yet!

by NickALOL

Nice fluff piece about Valora being the most amazing decentralized payment app in existence. You literally cannot receive the money in any other currency than their own or a gift card. What are you expecting? For people to sell the token on an exchange so they have a tax burden all for using a worthless payment app? Absolutely horrible and confusing. I don’t know what market they were aiming for. Boomers that don’t understand how to send to a crypto address or people that can pay rent with a gift card?

by Alan Coughlin

Most of my experience was very good, until I got to the point of trying to send money. Maybe the exchange rate changed, or maybe there’s a fee for sending and it didn’t say that, but it said I didn’t have enough to send the very number that it showed me that I had available to send. The next failure was that it asked me to send a message with my CUSD. It became very unclear what should happen next, the screen changed by itself, and now I have no idea where things stand. Utter UX failure!

by BlawgNasty

I was under the impression that Valora will aid in remittances, but when trying to cash out I was only offered the ability to buy gift cards or send to a crypto wallet. I don’t see how this is any improvement from just sending crypto directly. That’s the only complaint. If it allowed add cash/withdrawal to a debit card/bank account, this would be 5 stars. The interface is great and I have family all over the world and this would be amazing if I could send cash via Valora for just a percentage of celo. On the right track, would happily change to 5 stars when you can withdrawal cash.

by 316John777

They force you to add contacts to create a network. Its impossible to send to an exchange like coinbase. I tried for 45 mins. This is for teens period. Waste of time. Cant even really use the wallet unless you add your friends contacts and invite them its a closed loop marketing gimmick for teens. Period. Its s closed banking system to force you to use celo. Im deleting it as soon as i finish this review. You can keep the 2 dollars

by Rootulp

To onboard your cell phone with Valora, you have to verify three text message codes. I received the codes out of order and had to reset the process. I don’t think three text messages are significantly safer than one text message. Every other app I’ve used only requires one text message. If one text can be man in the middled, then so can three. I don’t think the additional friction outweighs the additional security here.

by KromDaddy303

Honestly, Valora feels a lot like Venmo but you’ve gotta assume there so much going on under the hood. The fact you can send cash anywhere in the world for a fraction of a penny is astounding and can help a significant number of people.

There are a few rough edges:
- confusing experience for getting your number verified. They did do a good job of explaining why it happens though.
- was a bit strange that you can’t purchase celo dollars in app. Need to send celo gold to the right address and then convert.
- the use of “account number” is inconsistent with most crypto wallets. I feels weird to send from a wallet address to an account number. My assumption is most people are already anxious when sending digital currency around the internet.

Cross border payments is a massive problem facing some of the most under represented communities in the world. I really hope this project succeeds because they seem to be driven by purpose over profits.

Hope y’all do great things 🙏

by Draindude

Many of these apps I download and end up removing right away. Wanted to try it since interested in the coin and how these transfers would work. Nice option to buy vouchers/cards and products (in voucher from what I saw) from all major companies. Added the crypto and converts easy enough if you dealt with wallets etc before. Was only my 3rd time doing a transfer and it’s as easy as copypaste. Not all but many diff currencies to transfer to. Will update once I actually use it.

by LilyFlower786824

App is more elegantly designed than any apple app I’ve ever used but you can use it like a global Venmo. Makes crypto easy to understand and use for someone like me. I unfortunately can’t put money directly in Valora in my region (support helped me understand how to use a crypto exchange) but once the money is there it really is as easy as sending a text! Can’t wait for more ways to get money in and out of Valora within my region.

by Jason The Monk

Valora works great, clean and intuitive design. Customer service is much better than you would expect (immediate personal contact and follow up).

Only problem is lack of adoption and use options. This is still early in crypto adoption, but sending and receiving payments that are hard to move into fiat currency are a real handicap.

by Nolimit909

why does not this app not have the option to transfer to Gemini? i know they accept CUSD

i think you misunderstood my question. gemini shows they support CUSD. why does this app not give the option to send CUSD to gemini?

by Asianfemalemillenial

I’ve loved using this app to easily send funds abroad & teach them to take advantage of the 50% interest rate.

Usually arrives within seconds, the team has been amazing, and seriously have loved using this every week.

by Nathan Ballentine

All I can say is that I don’t have a lot of experience with crypto currency’s but I have been learning. I had made a mistake transferring money between Coinbase and my this app wallet. Coinbase refused to even acknowledge my issue where this app walked me through step by step how to correct the issue. They told me from the get go that there were know promises with the fix but that others had some success with it. So not only did they walk me through it but I was also able to retrieve the money that I had lost thanks to the customer service team. Coinbase customer service, on the other hand, avoided even talking to me. Bottom line is that I feel like the team here actually cares and wants to help and see everyone succeed and that’s why I’m writing this review because I hope they continue to grow and improve as well. Thank you this app customer service!

by ErinHales20

It's amazing that you can use Valora to send money anywhere in the world! It's so easy to send right to somebody's phone number. It's a little rough around the edges right now. But as they get more adoption I can see this being the next big thing

by Chrispchimney

I’m earning consistent yield which is paid to my account every week without fail. Every single week I get paid even when I don’t open Valora or do anything at all. Buy the right crypto in Valora through their Ramp partnership

by JoePagBitCoin

Being able to hold my cash and receive crypto is an amazing feature! Ahead of the game for sure.

Only negative experience I’ve had is they don’t offer a dark mode... I check my apps in the am before getting ready for work, wife still sleeping, dark mode is a must for any finance app.

by Squirrlier

I’m very new to crypto and don’t really understand most of it. The simplest part of my learning experience so far has been downloading and using this app. It was *so easy* to send a gift card to each of my nieces and nephews as a way to get them to ‘dip a toe’ into this new technology. Kudos to the developers.

Best advice so far: keep the account key in a vault

by Get5um

The infrastructure in Valora is great. Rewards for having various balances, escrow for sending/receiving (which could be improved by eventually releasing funds if they aren’t ever accepted by the recipient) but a lot of really cool features here already in place, Valora functions smoothly and does what it needs to. Sky is the limit for these guys

by Knucklez_

I use this for getting my Celo and using this to transact with the blockchain. I’ve also made purchases with this for my helium hotspot. This is very awesome app, that I can get use to the Celo price action for my trading. Also the rewards are pretty good, however I do miss the monthly rewards based off the amount of cUSD you hold, I think they stopped that reward payout. Either way, I like it and would recommend to others.

by Kingdlask

I had Valora for while but was not able to use it since cUSD can’t be bought in USA. I stumble on article that you can actually exchange Celo Gold for cUSD in Valora . Purchased CGLD on Coinbase and transfer them in Valora . The transfer fee are almost nothing and compare to ETH it is free:). Transaction in app are almost instant and I did not have any negative experience or crash with Valora . The platform is still being created and evolving, but what I experienced so far this will be the ways to transfer payments without borders. There is also another project that area coming about like stellar, but the ease to use intuitive UI have me use Celo now and most likely in the future.

by Michaelv6789

I love the idea of Valora , but it just does not accomplish sending money to others as advertised. I sent celo dollars to family in Mexico, but we can't figure out how they can cashout/withdraw the funds. I looked all over the support page, and it's still very unclear how they can cash out.

by GTZ™

I'm an advance computer guy, and I know crypto is a serious thing, is not just a file, it's a tal money, I gave cero balance in my account but, I gave my keys and my PIN locked up in an offline notebook. Guess what, this app says that I have a wrong 6 digit pin. And I am licked up outside, Thanks Gus U have nothing in there. but be careful, it's your money.

by Slick Rick With Big Dik

Pretty easy to send money around. It’s still kinda hard to get my hands on cUSD but I’m hopeful it will get easier.

Best part? They aren’t collecting and selling your financial data like all the other “free” apps!

by Troy Co

I learned about this app from Coinbase. Tried it out and it works pretty good! I was a little confused at first about Celo vs Celo dollars but I contacted support and they got right back to me. Very helpful.

by Lolr

Crypto wallets can be hit or miss, this one is definitely a hit. Plus, I have been having a great time accumulating rewards just for a balance in my wallet!

by Scorpmused

Bought Celo on Coinbase in the U.S. then transferred to this app, sold some for Celo Dollars to get $$ in account and confirmed no problem. Those rating Valora lower should try this approach.

by Meds_k

Love Valora ! Very easy to use; makes crypto more accessible
Earning rewards based on how much I hold has been great too.

by Paktofu

I really like Valora, fast and easy to use with a nice UI. It really helps bring my crypto use to mobile!

by Light On The Horizon

Valora makes it easy to send money to any other phone in the world. Amazing!