Buy & Sell XRP with Rand

Badi Sudhakaran
VALR Publication
Published in
2 min readFeb 17, 2020

VALR launches XRP-Rand (XRPZAR) trading at 10:03 a.m. on 10 March

We are excited to announce the launch of our third ZAR trading pair: XRPZAR.

Stages of XRPZAR launch on VALR.com

The XRPZAR trading launch will roll-out over 4 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 we will make announcements as the launch progresses from stage to stage.

  1. Deposit XRP and ZAR (already open): Customers can already fund their VALR accounts with XRP and ZAR. Learn about our XRP Deposit and Trading contests here.
  2. Post-only (10 March @ 10:03 a.m.): In this stage, starting at 10:03 a.m., 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.
  3. 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.
  4. Full trading (at least 1 hour after Limit-only stage): All trades, including market orders and Simple Buy/Sell orders will be allowed.

Have a question? Contact our Help Desk on help@valr.com.

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