VALR launches first perpetual futures paired with South African Rand

VALR, Africa’s largest cryptocurrency exchange by trading volume, has launched perpetual futures trading, including the world’s first perpetual futures pairing Bitcoin and USDT with the South African Rand. With the launch of the BTC/ZAR and USDT/ZAR perpetual currency pairs, VALR also launched the BTC/USDT perpetual contract, providing alternatives to Binance, ByBit and Kraken. “We have built what we believe is the most seamless futures product in the entire industry. Our clients can trade in spot, spot margin and perpetual futures markets from a single account, leveraging a single source of collateral. Perpetual contract trading has never been done before So smooth,” said Gianluca Sacco, COO of VALR. (Chainwire)