Buy and sell AVAX with Rands on VALR
We’re excited to announce the launch of our latest ZAR trading pair: AVAX/ZAR
AVAX/ZAR trading will join our other trading pairs which have seen a cumulative trading volume of over R140bn ($8.74bn) to date.
Stages of AVAX/ZAR launch on VALR
The AVAX/ZAR trading launch will roll-out over four stages as described below.
We may keep any particular stage open as long as is needed to ensure a healthy market dynamic. Please follow our VALR Twitter account where announcements will be made as the launch progresses from stage to stage.
Deposit AVAX and ZAR (already open): Customers can already fund their VALR accounts with AVAX and ZAR.
Post-only (4 July 2022 at 11:00am SAST): In this stage, starting at 11:00am SAST, customers will be able to post buy-orders and sell-orders on the Exchange Buy/Sell screen. No matching (or completion) of trades will be allowed, which will give time for the order book to fill up with sufficient liquidity from traders. This stage will last a minimum of 10 minutes.
Limit-only (at least 10 minutes after Post-only stage): In this stage, customers can only place limit orders on the Exchange Buy/Sell screen (market orders and the Simple Buy/Sell feature will not yet be enabled). During this stage, orders will be allowed to match. This stage will last at least 1 hour.
Full trading (at least 1 hour after Limit-only stage): All trades, including market orders and Simple Buy/Sell orders will be allowed.
Follow our VALR Twitter account for regular updates.
Have a question? Contact our team at support.valr.com.
