Leading South African Cryptocurrency Exchange Adds New Shiba Inu Trading Pair

South African exchange VALR plans to add support for the SHIB/USDC pair to its platform.

VALR, a bitcoin exchange, recently announced that it will launch two new USDC trading pairs, SHIB/USDC and AVAX/USDC. According to the announcement, trading pairs will go live for trading on September 13e at 11:00 (SAST).

Previously, VALR has already introduced four new USDC trading pairs on the exchange.

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August 16e, the fastest growing exchange has added support for ETH/USDC and BNB/USDC. After two weeks, August 30ethe South Africa-based exchange introduced the USDC trading pair with Ripple (XRP) and Solana (SOL).

Recall that VALR added support for Shiba Inu in April. Founded in 2018, VALR is recognized as one of the reputable 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 order books. In doing so, VALR has paid out over $4.6 million (R70 million) in rewards to market makers from 2022.

On CoinMarketCap (CMC), VALR is ranked 149th on the list of top cryptocurrency exchanges based on daily trading volume (DTV). Data from CoinMarketCap indicates that VALR users traded hands with $10,856,228 ($10.85 million) in digital assets on the platform in the past 24 hours.

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