South African crypto exchange VALR has announced the launch of its operations in Zambia.
The exchange will allow Zambians to buy and sell Bitcoin and USD Coin as well as 60+ other cryptocurrencies directly using the Zambian Kwacha.
VALR CEO Farzam Ehsani says they built a world-class product with a focus on robust security, high performance, and regulatory compliance, and we look forward to welcoming the Zambian retail and institutional market to VALR.
Ehsani stated that the company has no exposure to FTX or FTT while commenting on Twitter on whether FTX’s issues will in any way affect VALR’s operations.