VALR has partnered with Bittrex, a U.S.-based digital asset trading platform to launch a new digital asset trading platform in South Africa to offer customers a secure, reliable and advanced trading option.
The “Simple Buy/Sell” feature will allow customers to seamlessly and instantly trade between bitcoin or ether and over 50 cryptocurrencies. VALR’s platform uses artificial intelligence and machine learning to streamline the ID verification process, allowing new customers to be fully verified in as little as a few minutes.
Soon, the platform will launch rand-to-crypto trading as well as more advanced crypto-to-crypto trading options will be enabled on the platform.
By partnering with Bittrex, VALR has access to all cryptocurrencies and digital tokens available on both the Bittrex and Bittrex International platforms, enabling it to offer its customers one of the largest selections of digital assets.
“We are delighted to bring South Africans the largest crypto-offering the country has ever seen in collaboration with Bittrex, one of the most advanced, secure and compliant platforms worldwide,” said Farzam Ehsani, VALR CEO. “Our partnership gives our customers direct access to international liquidity, globally competitive prices and leading security practices. We look forward to advancing the crypto industry in South Africa and beyond.”
Powered by Bittrex technology, VALR will provide South African customers with a reliable, fast and secure trading option that will also give them access to some of the world’s most innovative blockchain projects.
Bittrex CEO Bill Shihara said, “We will continue to explore partnerships like this one that not only support the blockchain industry, but also incubate innovative projects using this emerging technology, as we further expand our global footprint.”
VALR.com. is a digital asset platform based in Johannesburg, South Africa, that allows customers to buy, sell, store and transfer cryptocurrencies. A