Bitcoin South Africa Guide
Updated April 21, 2021
Bitcoin South Africa
South Africa is one of the world's fastest-growing Bitcoin markets in terms of volume, the scale of adoption, and use. In fact, the country is a prominent contributor to Bitcoin's massive global growth and has inspired other countries to trade the currency across the continent.
There is a diverse range of exchange and trading platforms available in South Africa, where traders can purchase and sell Bitcoin very easily. Regulated firms operate legally in the country, so it is important for South African traders to buy Bitcoin from these firms in order to comply with regulations.
Bitcoin and The Local Currency
Despite the fact that the country still faces issues concerning the use of unsecure platforms, citizens can use the local currency, Rand, to buy Bitcoin. South African traders have a high degree of awareness for scammers and Bitcoin misuse. Citizens use only regulated trading and exchange sites, even though the authority does not apply strict regulation to firms. The country has a vision for Bitcoin and other digital currencies as the future of their economy.
Today, South African investors can buy Bitcoin and other digital currencies legally, as long as they know how. Check out how you can buy Bitcoin legally in South Africa below, and choose the most convenient option for you.
Rand-Supported Exchange Platforms
The most practical way to buy Bitcoin in South Africa is to choose a trading platform that supports buying and selling Bitcoin with Rand. You will need to verify your identity in order to create an account and to start trading. These platforms are user-friendly and offer a straightforward process of trading. You also do not have to pay conversion fees when purchasing Bitcoin.
However, using international platforms to trade Bitcoin is not as bad as it may seem, as they often offer several alternative benefits. Exchanges have become one of the most popular ways through which to purchase Bitcoin, not only in South Africa, but across the world.
Bank Transfer
South Africans are able to make use of international bank transfers to buy Bitcoin from other traders around the world through local banks. The buying process is surprisingly straightforward, as long as you follow the guidelines. It is easy for South Africans to buy Bitcoin through bank transfer. You should transfer funds to the Bitcoin seller, and he/she should then transfer Bitcoin to your digital wallet. The key is to find a trusted seller from referrals and recommendations.
Gift Cards
Buying Bitcoin with a gift card is also popular among South Africans. First, you need to buy a gift card through an online platform with fiat money. Second, you must activate the gift card before you can use it. Third, you must go to the OTC marketplace to redeem Bitcoin using your activated card. You can buy Bitcoin based on the nominal value of the gift card and it will then be delivered to your digital wallet.
Bitcoin ATMs
South Africa has more Bitcoin ATMs than any country across the continent, making purchasing digital currency through this method more common than in any country around the world. The eight Bitcoin ATMs are spread throughout the country's four big cities. You should find a Bitcoin ATM and gain access with a verification code that is sent to your phone. You will then have to type in your wallet address, or you can scan a QR code when possible. Depending on the machine, you can either use cards or insert cash to proceed with your transaction. Purchased Bitcoin will then be delivered to your digital wallet. However, Bitcoin ATMs typically charge a high fee for Bitcoin purchases and withdrawals.
In-person Bitcoin Purchases
Similar to a manual bank transfer, you can purchase Bitcoin from other people in-person. This is not the same as peer-to-peer trading, and there is often a mediating platform/system between you and the person from whom you wish to buy Bitcoin. You can either meet up with the seller and pay the person with cash or simply transfer funds with ACH. However, this method is risky primarily because you are likely to not know whether it could be a scam or not until completion. Even though in-person Bitcoin purchases are permitted in South Africa, traders should consider the risks posed by scammers and fraudsters. Meeting the seller in person is advisable whenever possible.
POS Machines
Point of Sales (POS) machines can be used to process Bitcoin purchases with debit cards. You will need to find Bitcoin sellers that accept payment via POS machine. This way, you can pay for Bitcoin with funds from your debit card, and the purchased Bitcoin will be sent/paid directly into your digital wallet. Some crypto exchange platforms also accept payment with a debit card.
We've collected thousands of datapoints and written a guide to help you find the best Bitcoin South Africa for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Bitcoin South Africa Investment Platforms below. You can go straight to the broker list here.
Reputable Bitcoin South Africa Checklist
There are a number of important factors to consider when picking an online Bitcoin South Africa Investment Platforms trading brokerage.
- Check your Bitcoin South Africa Investment Platforms broker has a history of at least 2 years.
- Check your Bitcoin South Africa Investment Platforms broker has a reasonable sized customer support of at least 15.
- Does the Bitcoin South Africa Investment Platforms broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Bitcoin South Africa Investment Platforms broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Bitcoin South Africa Investment Platforms broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Bitcoin South Africa Investment Platforms can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Bitcoin South Africa Investment Platforms.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Bitcoin South Africa Investment Platforms.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Bitcoin South Africa Investment Platforms of 2021 compared
Here are the top Bitcoin South Africa Investment Platforms.
Compare Bitcoin South Africa Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Bitcoin South Africa Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Bitcoin South Africa Investment Platforms that accept Bitcoin South Africa Investment Platforms clients
| Broker |
eToro
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XTB
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AvaTrade
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EasyMarkets
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Plus500
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SpreadEx
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City Index
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Markets.com
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Admiral
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FXPro
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Trade.com
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| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC) |
| Min Deposit | 200 | No minimum deposit | 250 | 100 | 100 | 1 | 25 | 250 | 200 | 100 | 1 |
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| Used By | 20,000,000+ | 250,000+ | 200,000+ | 142,500+ | 15,500+ | 10,000+ | 14,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with avatrade |
Sign
Up with easymarkets |
Sign
Up with plus500 |
Sign
Up with spreadex |
Sign
Up with cityindex |
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Up with marketscom |
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Up with admiralmarkets |
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Up with fxpro |
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Up with tradecom |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 72% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 75% of retail investor accounts lose money when trading CFDs with this provider | 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Your capital is at risk | Your capital is at risk |
| Demo |
eToro Demo |
XTB Demo |
AvaTrade Demo |
easyMarkets Demo |
Plus500 Demo |
SpreadEx Demo |
City Index Demo |
Markets.com Demo |
Admiral Markets Demo |
FxPro Demo |
Trade.com Demo |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US, IN, PK, BD, NG , ID, BE | BE, BR, KP, NZ, TR, US, CA, SG | US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US, TR | US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW | AU, RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR | US, CA, JP, SG, MY, JM, IR, TR | US, IR, CA | AU, BE, CA, CN, Crimea region, CY, CU, of CG, ER, HK, GW, IQ, IR, JP, IL, LY, NZ, CY, KR, PR, SG, SO, SD, SYn Arab, TR, US, VI, US |
All Bitcoin South Africa Investment Platforms in more detail
You can compare Bitcoin South Africa Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Bitcoin South Africa Investment Platforms for 2021 article further below. You can see it now by clicking here
We have listed top Bitcoin South Africa Investment Platforms below.
Bitcoin South Africa Table of Contents
- Bitcoin South Africa Explained
- 6 Factors to Consider when Choosing Bitcoin South Africa
- Are Your Bitcoin South Africa Trusted And Established?
- Are The Bitcoin South Africa World Leading?
- What are the Bitcoin South Africa Commissions and Fees?
- What are the Bitcoin South Africa Funding and Withdrawl Methods?
- Find Bitcoin South Africa with Round-the-clock support?
- Make sure the Bitcoin South Africa Offer Comprehensive Trader resources?
- Why do Bitcoin South Africa need to be regulated?
- Bitcoin South Africa FAQ
- What are the best Bitcoin South Africa Investment Platforms brokers?
- What is the best Bitcoin South Africa Investment Platform broker?
- Related Bitcoin South Africa Reviews
- Related Bitcoin South Africa Alternatives
- Related Bitcoin South Africa Comparisons
Bitcoin South Africa Explained
Trading the financial markets with Bitcoin South Africa when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Bitcoin South Africa is the platform that a Bitcoin South Africa offer.
Choose Bitcoin South Africa that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Bitcoin South Africa that you can rely on.
6 Factors to Consider when Choosing Bitcoin South Africa
Follow these five rules for selecting a broker that's right for you:
Are Your Bitcoin South Africa Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Bitcoin South Africa broker is eToro. Established in 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is XTB.
XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.
XTB is regulated. This means XTB are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
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XTB
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AvaTrade
|
EasyMarkets
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Plus500
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SpreadEx
|
| Year Established | 2007 | 2002 | 2006 | 2001 | 2008 | 1999 |
| Head Office | Cyprus, UK | Poland | The British Virgin Islands | Cyprus, Australia | Israel | UK |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA) |
| Used By | 20,000,000+ | 250,000+ | 200,000+ | 142,500+ | 15,500+ | 10,000+ |
| Negative balance protection | Yes | Yes | No | Yes | Yes | No |
| Guaranteed Stop Loss | No | No | No | Yes | No | Yes |
| Learn More | Visit eToro | Visit XTB | Visit AvaTrade | Visit easyMarkets | Visit Plus500 | Visit SpreadEx |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 72% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits |
Are The Bitcoin South Africa World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Bitcoin South Africa is XTB . XTB Segregates clients funds and offers over 4000 instruments.
| Broker |
eToro
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XTB
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AvaTrade
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EasyMarkets
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Plus500
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SpreadEx
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| Instruments Available | 2000 | 4000 | 1000 | 200 | 2500 | 15000 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | BE, BR, KP, NZ, TR, US, CA, SG | US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US |
| Forex pairs offered | 50 | 57 | 80 | 150 | 100 | 55 |
| Forex pairs offered | 50 | 57 | 80 | 150 | 100 | 55 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 31 | 21 | 16 | 12 | 17 | 16 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | Yes | Yes |
| Stocks Offered | 2042 | 1696 | 99 | 52 | 1816 | 1000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Bitcoin South Africa Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Bitcoin South Africa broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 200.
Another top rated Bitcoin South Africa broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
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XTB
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AvaTrade
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EasyMarkets
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Plus500
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SpreadEx
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| Min Deposit | 200 | 0 | 250 | 100 | 100 | 1 |
| Withdrawl Fees | Yes | varies | No | No | No | 0, minimum £50 |
| Inactivity Fees | Yes | No | No | No | Yes | No |
| Deposit Fees | No | No | No | No | No | No |
| CFD Commission Fees | No | Yes | No | No | No | No |
What are the Bitcoin South Africa Funding and Withdrawal Methods?
When dealing with Bitcoin South Africa having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
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XTB
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AvaTrade
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EasyMarkets
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Plus500
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SpreadEx
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | No | Yes | No |
| Skrill | Yes | Yes | No | Yes | Yes | Yes |
| Payoneer | No | Yes | Yes | No | No | Yes |
| Neteller | Yes | Yes | Yes | Yes | No | No |
Find Bitcoin South Africa with Round-the-clock support?
Customer service is very important when dealing with Bitcoin South Africa.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Bitcoin South Africa customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
eToro and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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XTB
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AvaTrade
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EasyMarkets
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Plus500
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SpreadEx
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| Support |
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| Languages | English, German, Spanish, French, Italian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Italian, German, French, Greek, and Hebrew | English, German, Arabic, Chinese, Spanish and Polish | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese | English |
| Learn More | Visit eToro | Visit XTB | Visit AvaTrade | Visit easyMarkets | Visit Plus500 | Visit SpreadEx |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 72% of retail investor accounts lose money when trading CFDs with this provider | Your capital is at risk | 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Losses can exceed deposits |
Make sure the Bitcoin South Africa Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and XTB work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Bitcoin South Africa need to be regulated?
A regulated Bitcoin South Africa broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Bitcoin South Africa brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Bitcoin South Africa List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account