VALR is the latest to exit crypto arbitrage market

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 77%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Crypto exchange VALRdotcom announced this week that it will no longer be offering crypto arbitrage to new customers from January 31, and the arbitrage service to existing customers will be wound down by February 28. Moneyweb CryptoCurrency

Crypto exchange VALR announced this week that it will no longer be offering crypto arbitrage to new customers from January 31, and the arbitrage service to existing customers will be wound down by February 28. “The decision to discontinue our arbitrage service has been taken to comply with some of our banking partner requirements,” says VALR in a statement. “No other VALR services are affected and your funds remain secure.

Banks feeling threatened? Asif Aziz, chief technology officer for crypto exchange LIBEX, says the company was likewise pressured by one of its banking partners to suspend its arbitrage service, prompting it to move its account to another bank better disposed to crypto arbitrage.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

VALRdotcom I guess the banking partners is standard bank.

VALRdotcom Thanks Vemp thank you Shibaswap. I have made greatest investment providing ETH VEMP liquidty on Shibaswap. I earn free bonus + ethereum and + vemp extra. Great cooperation. 100 x soon The fomo will be strong once the market recovers 👀👀 $vemp 2022 will be so huge for vemp👀

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SAFM Market Update on Moneyweb[COMING UP] Does the idea of a smart home peak your interest? JohnMcLoughlin of J2 joins FifiPeters this evening to discuss the cyber risks of smart devices in the home. Tune in to SAfmRadio MarketUpdate tonight to catch the conversation: FifiPeters SAfmRadio I believe it’s “pique”, not peak FifiPeters SAfmRadio I'm happy to join those who are sharing the good news about Vina_Redmon . I'm not persuading anyone to trade with her but i advise every investor to make the right choice with Vina_Redmon i got my withdrawal safely without any interruption. BeaverCreek_ZA SAfmRadio FifiPeters This dire warning has been around for three years. Ain’t happened yet.
Source: Moneyweb - 🏆 5. / 77 Read more »