VALR announced the launch of a new digital asset trading platform in South Africa, leveraging Bittrex’s cutting edge technology, to offer customers a secure, reliable and advanced trading option.
According to Bittrex announcement VALR is launching the asset with a “Simple Buy/Sell” feature, allowing customers to seamlessly and instantly trade between bitcoin or ether and over 50 cryptocurrencies. VALR’s platform uses AI and machine learning to streamline the ID verification process, allowing new customer’s verification successful within quite a lesser time.
With Bittrex partnership, VALR has access to all cryptocurrencies and digital tokens available on the Bittrex and Bittrex International platforms. Hence, enabling it to offer its customers one of the largest selections of digital assets.
Assorted views on the new partnership
VALR CEO Farzam Ehsani,says “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”. Additionally he says that their partnership gives customers direct access to international liquidity, globally competitive prices and leading security practices.
Bittrex CEO Bill Shihara said “this platform, powered by Bittrex technology, will provide South African customers with a reliable, fast and secure trading option. And will also give them access to some of the world’s most innovative blockchain projects”.
The VALR and Bittrex partnership brings together Bittrex’s global leadership in the blockchain industry. With the vision and experience of the VALR team in South Africa. Hence, this partnership offers South African customers, a broad selection of digital assets. However, applicable on a secure, reliable and advanced South African-based platform, that is bind to compliance.
On partnering with Bittrex, Ehsani said
We wanted to partner with a responsible and advanced global player that is committed to compliance with a world-class platform. Bittrex fit the bill.
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