Summary:

VALR, Africa’s largest cryptocurrency exchange, has introduced perpetual futures trading, including the world’s first Bitcoin and USDT perpetual futures paired against the South African Rand. The exchange has listed the BTC/USDT perpetual future, providing an alternative to other platforms such as Binance and Kraken. VALR will offer up to 5x leverage across all perpetual markets, enhancing capital efficiency for traders. The launch of perpetual futures follows the successful introduction of spot margin trading and VALR’s partnership with Visa. VALR is actively seeking licenses in Mauritius and Dubai, in addition to its European approval.

Introduction:

VALR, Africa’s leading cryptocurrency exchange, has unveiled perpetual futures trading, featuring the world’s inaugural Bitcoin and USDT perpetual futures paired against the South African Rand. VALR has also listed the BTC/USDT perpetual future, providing traders with an alternative to Binance and Kraken. Perpetual futures have no expiry date, enabling advanced risk-management strategies, and account for over 75% of global crypto trading volumes. VALR will offer leverage of up to 5x across all perpetual markets, allowing for increased capital efficiency.

Main Points:

VALR, Africa’s largest cryptocurrency exchange, has launched perpetual futures trading.

The exchange has introduced the world’s first Bitcoin and USDT perpetual futures paired against the South African Rand.

Perpetual futures have no expiry date, offering sophisticated risk-management strategies and accounting for over 75% of global crypto trading volumes.

VALR will provide up to 5x leverage across all perpetual markets, improving capital efficiency for traders.

VALR recently launched spot margin trading and partnered with Visa, securing approval to offer crypto services in Europe.

The exchange is actively pursuing licenses in Mauritius and Dubai, having received initial approval from VARA, Dubai’s Virtual Assets Regulatory Authority.

VALR has processed over $10 billion in trading volume and secured $55 million in equity funding. It serves over half a million retail customers and over 900 corporate and institutional clients.

Conclusion:

VALR, the largest cryptocurrency exchange in Africa, has introduced perpetual futures trading with the world’s first Bitcoin and USDT perpetual futures paired against the South African Rand. This move provides an alternative to other major platforms and offers advanced risk-management strategies. VALR’s launch of perpetual futures follows the successful introduction of spot margin trading and a partnership with Visa. The exchange is actively seeking licenses in Mauritius and Dubai, further solidifying its global presence. With over $10 billion in trading volume and significant investor backing, VALR is positioning itself as a major player in the cryptocurrency market.