Wagerr volume topped US$800,000 last week, a new record

Updated Sep 19, 2020 | Published Nov 19, 2019

Written by The Ferdinator, senior CGN journalist

[1 min read]

Wagerr volumes continue to rise, setting a new record last week with the platform reporting the largest ever amount of WGR bet within seven days.

The decentralized sports betting platform offered 261 events in total in the course of the week, accepting 10.5 million $WGR – around $800,000 in fiat – in bets. The upshot is the largest trade volume in terms of both WGR and USD to date.

This comprised daily volumes in excess of $100,000 for four of the last five days of the week.

Meanwhile, WGR teamed up with exchange CREX24, where WGR can now be traded for ERC-20 stablecoin USD Coin (USDC). Users will benefit from lower transfer fees as well as quicker processing times.

At time of writing, Wagerr’s market cap stood at $10.7 million.