2024

Solana

TRON

Avalanche

Johannesburg, South Africa, May 20th, 2024 
VALR, the Pantera-backed crypto exchange, is pleased to announce its support for the TRON network, facilitating quick and easy stablecoin transactions. Additionally, VALR now offers an on-chain staking product for TRON (TRX), providing an annual percentage rate (APR) of up to 3%.
VALR's new TRX staking product addresses the needs of users looking to capitalize on staking opportunities without directly interacting with DeFi protocols. VALR's staking product is a liquid staking solution. This means users can stake, unstake, and restake at any moment, with rewards distributed hourly, enabling them to earn compound yields efficiently. All these features are available within the VALR platform, providing a single-stop solution for users.
VALR already offers similar on-chain staking solutions for Solana (SOL) and Avalanche (AVAX) and plans to extend these products to more protocols in the near future.
 
About VALR
Founded in 2018, VALR is a global cryptocurrency exchange serving over 1,000 corporate and institutional clients and more than 600,000 traders worldwide.
Headquartered in Johannesburg, licensed by the FSCA in South Africa, and approved to offer services in Europe, VALR has secured $55 million in equity funding from prominent investors, including Coinbase Ventures, Pantera Capital, and Avon Ventures, affiliated with Fidelity Investments' parent company.
VALR (Pty) Ltd is a licensed financial services provider (FSP #53308).
For more information about staking on VALR, visit<a href="https://valr.com/staking" rel="noopener noreferrer nofollow" target="_blank"> VALR Staking</a>. For media inquiries: <a href="mailto:press@valr.com" rel="noopener noreferrer nofollow" target="_blank">press@valr.com</a>&nbsp; 
<h5>Contact</h5>VALR press@valr.com 
Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

VALR Expands Services with TRON Network Support and New TRX Staking Product (20 May)

Chainwire

Other articles published on May 20, 2024

Ethereum (ETH) Nears Key Breakout, Eyes $4,000 Target

PlanB Highlights Bitcoin’s 2024 Bull Market

The 3 Best Cryptos to Buy Before the NFT Market Booms

Bitcoin and Cardano Skyrocket With 716% Increase in Fund Flows

Analyst Sees Ethereum’s Price Surge

GNO Token Gains 20% as Gnosis DAO Proposes $30 Million Buyback

Join our free newsletter for daily crypto updates!