After weeks of anticipation, VALR, a reputable South African exchange, has finally launched the XRP-Rand (XRPZAR) trading on its platform.
So far, VALR now has three Rand trading pairs as shown below:
- BTC / ZAR
- ETH / ZAR
- XRP / ZAR
SEE ALSO: South Africa’s VALR Crypto Exchange Matches Luno Bitcoin Trading Volumes Just 6 Months After Launch
Customers can now fund their VALR accounts with XRP and ZAR.
To celebrate the launch of the XRP/ZAR trading, VALR is giving away XRP rewards to its customers who sign up and make deposits on its platform. When you deposit at least 250 XRP, VALR will reward you with giving you some more.
Countdown underway!
10 hours to 10/03 10:03 a.m.
❤️ https://t.co/Fzr57Sisyt#XRP #ZAR #SouthAfrica #Crypto pic.twitter.com/53DUDPNCif
— VALR (@VALRdotcom) March 9, 2020
VALR is giving away XRP worth R10,003 in prizes to the top 20 traders.
The trading contest will last for 1 week. The top 20 traders will share a pool of XRP worth R10,003 based on the proportion of their trading volume during the contest period. This includes buys and sells on the XRP/ZAR trading pair.
The reward will be calculated as follows:
Your reward (if you are top 20)= (Your trading volume / Top 20 users’ total trading volume) × R10,003 in XRP
Risk warning
Trading cryptocurrencies involves significant risks which may result in material financial losses. Cryptocurrencies are a new asset class and as such are susceptible to large price swings as society attempts to determine their value through the brute forces of supply and demand. Do your own research and trade with caution.
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