A myriad of developments have transpired in the South African cryptocurrency space, specifically concerning ZAR Coin.
Exchange platform VALR recently launched a lending product that offers hourly yield on crypto and ZAR balances. In a similar direction, Bitget also
enabled South African Rand deposits and withdrawals using Callpay, furthering accessibility for investors. Additionally,
Neonomad, a South African startup, plans to launch a Rand-Backed Stablecoin, intending to provide stability and increase mainstream adoption. In an even more innovative twist, a South African Web3 firm has started to
fractionalize rare ZAR proof coins into NFTs, amplifying the possibilities of blockchain technology. However, Binance, one of the leading global crypto exchanges, has
delisted all South African Rand (ZAR) trading pairs due to low liquidity volumes. This shows a possible area of challenge, despite positive progress in the ecosystem.
South African Exchange Luno introduced Free and Express ZAR Withdrawal Fees, following a similar trend to make transactions easier for users. Lastly, the OVEX crypto desk has closed a strategic investment deal with FTX, showing increased interest from global players. These activities underline the dynamic and vibrant crypto environment in South Africa, with ZAR Coin being an integral part of it.
ZAR Coin News Analytics from Sun, 02 Sep 2012 07:00:00 GMT to Tue, 25 Mar 2025 15:25:01 GMT -
Rating 6
- Innovation 7
- Information 5
- Rumor 1
