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Top South African Cryptocurrency Exchange Adds New Trading Pair For Shiba Inu

South African Exchange VALR plans to add support for SHIB/USDC pair on its platform.


VALR, a bitcoin exchange marketplace, recently announced that it would launch two new USDC trading pairs, SHIB/USDC, and AVAX/USDC. As per the announcement, the trading pairs will go 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 fastest growing exchange added support for ETH/USDC and BNB/USDC pair. After two weeks, on August 30th, the South Africa-based exchange introduced USDC trading pair with Ripple (XRP) and Solana (SOL).

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Recall that VALR added support for Shiba Inu in April. 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 most attractive feature of VALR is its Maker Rewards (negative Maker fees). The exchange pays market makers 0.01% of their trades to provide liquidity to their exchange order books. In doing so, VALR has paid over $4.6 Million (R70m) in rewards to market makers as of 2022.

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.


Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of TheCryptoArea. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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