Gianluca Sacco of VALR discusses new crypto trading incentives, platform security, and Bitcoin market strategies.
In this interview, we sit down with Gianluca Sacco, to discuss the innovative strides the platform is making in the cryptocurrency space. Gianluca shares insights into
's commitment to security, customer support, and its pioneering business model. Ishan Pandey: Hi, Gianluca Sacco. Welcome to our 'Behind the Startup' series! Could you share some insights into your background and the journey behind and I’ve spent all my brain power on crypto since 2017 when I first really started to dig into what this technology could mean for the world. Since falling down the rabbit hole I’ve spent time working on community research with Messari and my own personal research. I joined
by sharing the value that we generate with them. Since launch, we’ve paid a negative fee on maker trades, thereby paying market participants who are providing liquidity to our order books. The Grand Slam is similar in that we’ll be sharing a significant portion of our revenue based on how much futures trading happens on the exchange each month. It’s totally free to enter and we really hope this will highlight the quality of our futures trading engine to a wider audience.
as an endeavor to build machinery to drive financial services that work for the 21st century. Ishan Pandey: How does offers staking and lending, which helps our users earn hourly interest on their lazy balances held on 's business model and how it generates revenue? Gianluca Sacco: Our exchange provides the technology that correctly matches buyers and sellers at a specific price for an amount of crypto and takes a very small percentage fee when users orders are matched at the same price. The higher the trade volume on the
has obtained initial approval to operate through Dubai’s Virtual Asset Regulatory Authority, while already holding operating licences in both the EU as a Virtual Asset Service Provider and South Africa as a Crypto Asset Service Provider. Our licences certainly have a positive impact on the perception of institutional clients who can take comfort that there is independent oversight over
. Join us as we explore these topics and more, gaining a deeper understanding of ? Ishan Pandey: Hi, Gianluca Sacco. Welcome to our 'Behind the Startup' series! Could you share some insights into your background and the journey behind Fast forward a few years and today recently announced it is launching a futures trading incentive program in May featuring a prize pool of up to 60 million USDT - the largest prize pool of its kind in crypto history. Can you elaborate on this competition? Ishan Pandey:
by sharing the value that we generate with them. Since launch, we’ve paid a negative fee on maker trades, thereby paying market participants who are providing liquidity to our order books. The Grand Slam is similar in that we’ll be sharing a significant portion of our revenue based on how much futures trading happens on the exchange each month. It’s totally free to enter and we really hope this will highlight the quality of our futures trading engine to a wider audience.
. Ishan Pandeey: Given your background in finance and consulting, how do you leverage your experience to drive operational excellence and growth at differentiate itself from other crypto exchanges, especially in terms of user experience, customer support, and the range of services offered? Ishan Pandey: How does
serves a wide customer base and offers both simple market order type trading at the click of a button across over 90 markets as well as more sophisticated spot, spot margin and futures order books. For more passive participants, has a number of practices that ensure the security of our platform, both internally and externally. One of our co-founders is an experienced security engineer, serves as our chief security officer and has built an experienced in-house security team.
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