We are proud to be listed on the cryptocurrency exchange, OVEX, with a South African Rand (ZAR) pairing in line with our strategy to build strong fiat on-ramp partners. OVEX is backed by Vinny Lingham’s Newtown Partners.
We believe that this listing with a ZAR pairing opens the door for it to being readily adopted in the country. It is a particular exciting development and opportunity to expand in a country where cryptocurrency trading volumes are on a rapid increase.
As part of the official listing, Zcoin and OVEX will be hosting a community-focused event in Woodstock, Cape Town, to introduce $XZC to users on the platform. Our community lead Muggles, will also be there! Interested attendees can find out more here.
It was an absolute pleasure to work out this partnership with Jon Ovadia, CEO of OVEX and we really look forward to working closer together.