VALR, a South African bitcoin exchange platform, recently announced that it has launched two new USDC trading pairs, SHIB/USDC, and AVAX/USDC. As per the announcement, the trading pairs went live for trading on September 13th at 11:00 (SAST).
Formerly, VALR already has introduced four new USDC trading pairs on the exchange.
On August 16th, the growing exchange added support for ETH/USDC and BNB/USDC pairs. After two weeks, on August 30th, the South Africa-based exchange introduced a USDC trading pair with Ripple (XRP) and Solana (SOL).
Founded in 2018, VALR is recognized as one of the well-reputed digital asset trading platforms in South Africa. It allows users to buy, sell, store, and transfer over 60 crypto-assets seamlessly and securely.
The Maker Rewards are VALR’s most alluring feature (negative Maker fees). To add liquidity to their exchange order books, market makers receive compensation from the exchange of 0.01% of their trades. By doing this, as of 2022, VALR had given market makers awards of over $4.6 million (R70 million).
On CoinMarketCap (CMC), VALR is ranked 149th among the list of top cryptocurrency exchanges based on Daily Trading Volume (DTV). CoinMarketCap data states that VALR users have exchanged hands with $10,856,228 ($10.85M) worth of digital assets on the platform in the past 24 hours.