ChainEx, a South African exchange, recently reported that it has doubled its user base to just over 20, 000 customers in a space of just 4 months.
In addition, the crypto exchange has recently formed new partnerships to offer users signals and indicators in their trading journey.
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ChainEx is also the first, and currently the only, South African crypto exchange to list popular DeFi tokens and offer them in South African Rand (ZAR) pairs. Some of these are:
- UniSwap (UNI / ZAR)
- YFI
- Sushi (SUSHI / ZAR)
- Bitcoin Vault (BTCV / ZAR)
- ElCash (ELCASH / ZAR)
- LINK (LINK / ZAR)
The two partners joining ChainEx are:
- IntoTheBlock – an international on-chain data analytics firm
- Block Trading – A South African signals provisioning company
Speaking to BitKE, ChainEx said:
“We’re growing rapidly in numbers, and constantly adding new features and coins to our exchange! We listed ELCASH this past Monday!
With DeFi taking off and the huge demand for it, we thought it would only be appropriate to have our users gain access to these exciting markets. ChainEX is quick to adapt and would now be the first exchange in South Africa to offer these markets to its users!”
– ChainEx
So far, the exchange has more than 20 tradeable assets with 13 trading pairs in South African Rand (ZAR) including DeFi tokens Sushi and UniSwap (UNI).
Founded in 2018, ChainEx provides South Africans with a secure, user-friendly platform to buy, sell and trade various cryptocurrencies, including Bitcoin and Ethereum, with the South African Rand as the default fiat currency.
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RECOMMENDED READING: ChainEX, South Africa’s Crypto Exchange, Partners with OKEx Global Exchange and Introduces Quick Buy and Sell for Traders
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