930 views. “We remain focused on building user trust through regulatory compliance, security, and Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Binance has announced that it is terminating some services in South Africa to comply with regulations. Nov 14, 2022 · Binance is launching a new promotion for users in South Africa, where eligible users can enjoy zero fees when depositing and withdrawing South African Rand (ZAR). The Jun 27, 2023 · Crypto-currency exchange Binance is ramping up its online-based crypto-currency learning academy in South Africa, in preparation for mainstream adoption of crypto in the long-term. Binance South Africa. Mar 6, 2024 · Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Choose a relevant question to view the solution. 1. Mar 2, 2021 · Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Phase 1: Deposits and Trade - With immediate effect, Binance users are now able to deposit ZAR into their Binance wallets, and purchase BTC, BUSD, ETH, USDT and BNB with their ZAR balance. Please choose the network carefully and make sure that the selected network is the same as the Binance Southern Africa. 01% in the last 24 hours. Price of xZAR today. S. The regulatory body assures that the company does not have the necessary registration to offer brokerage services or give investment recommendations in the country. Select a topic from the list or enter your own question. 16,214 likes · 42 talking about this. Since its inception in 2019, The Blockchain and Cryptocurrency Awareness campaign has reached over 60,000 Africans. 24-hour trading volume is $ 0 USD. As for existing users, Binance said they will have a 90-day grace period to close their open positions. With low fees and over 350 cryptocurrencies to trade, Binance is the preferred exchange to trade Bitcoin, Altcoins, and other virtual assets. The exchange announced that perpetual and delivery futures contracts settled in Aug 29, 2022 · Learn how to open a Binance account in South Africa. ”. 6 billion worth of crypto between July 2020 and June 2021. 2. With Binance users can: Sep 3, 2021 · Crypto exchange Binance implied the warning from South Africa's Financial Sector Conduct Authority lacked authority because the group does not have the power to regulate “crypto-related Feb 10, 2023 · Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. However, there is a limit to the cryptocurrencies that Binance can offer in some countries. Hannes Wessels, country manager for Binance South Africa. Let's start trading! Todays video will focus on how to deposit, trade and withdraw ZAR (South African Rand) on Binance!Dont forget to join the conversation a Mar 11, 2024 · In our opinion, Binance is the best cryptocurrency exchange in South Africa. 1% are among the cheapest compared to other exchanges we have reviewed. 12 770 members, 389 online. Following a consultation on the drafted legislation, on October 19, 2022, the FSCA published the final declaration on the licensing requirement. Nov 30, 2023 · In an email to Mariblock, a spokesperson for the exchange said: “Binance has partnered with CryptoConvert and Pick n Pay to enable the use of cryptocurrency to purchase groceries at any Pick n Pay outlet with the Binance app. , UK, Japan, Ontario (Canada), and Singapore, limiting its services. 72 on Saturday and a low of R9,548. The decision is immediately applicable for new accounts. 4 days ago · The daily exchange rate of BNB (BNB) to ZAR fluctuated between a high of R10,917. The Promotion is subject to the Terms & Conditions for Prize Promotions. The South East Edition is targeted at Nigerians across the five Eastern States in Nigeria Mar 11, 2021 · 6. Log in to your Binance app and tap [Wallets] - [Spot] - [Withdraw]. Feb 16, 2023 · By enabling manual bank deposits in the South African rand, Binance is making it easier for South African customers to invest in cryptocurrencies and participate in the global digital economy. Thanks for your support! - Binance South Africa Team Join Our Community Aug 16, 2021 · 2021-08-16 00:30. If they’re not relevant to your situation, click [Enter Oct 26, 2023 · The initiative will run for four sessions, featuring a four-week training program each session in collaboration with Binance Angels. This a feature that many have been waiting for and will be pleased to learn about. Middle East. The live price of South African Tether is per (xZAR / USD) with a current market cap of USD. Also, the South African Revenue Service ( SARS) imposed new taxes on digital assets like cryptocurrencies by up to 45% Binance South Africa. REPLAY. Jul 15, 2020 · Binance, the biggest cryptocurrency exchange in the world is now available for users in South Africa who want to trade cryptocurrencies directly with the South African Rand. Oct 8, 2021 · Binance is winding down derivatives in South Africa. 8k views. . 1 You’ll be redirected to the chat. Oct 14, 2021 · SOPA images. . Sep 26, 2022 · Fellow Binancians, Binance is pleased to announce that Binance Futures products are now available to eligible South African users. In a wide May 1, 2024 · The Binance cryptocurrency exchange can certainly be recommended for traders from South Africa. The trading fees between 0% and 0. It has a circulating supply of 0. Promotion Period: 2022-11-14 10:00 (UTC) to 2023-01-04 09:00 (UTC) Complete ZAR Fiat Transactions While Enjoying Zero Fees Now! The Promotion is only available to Binance users in Sep 17, 2022 · September 17, 2022. According to the post, Binance will no longer provide futures, options, margin trading, and leveraged tokens. Within the week, the price of BNB in ZAR had the largest 24-hour price movement on Tuesday (4 days ago) by R869. Clients in the country Binance is the world's leading cryptocurrency exchange, catering to 169 million registered users in over 180 countries. 45 on Sunday in the last 7 days. “With immediate effect, South African users will Mar 2, 2023 · Tonight we will take a look into the different deposit methods for ZAR on Binance and then moving on to how to make your first trade! Binance South Africa Newbie Binance Africa is a localized channel for Binance- a world-class blockchain company comprised of the Binance Cryptocurrency Exchange, Binance Info, Binance Labs, Binance Launchpad, and various Feb 16, 2024 · BitKE got to an exclusive chat with the Binance Leads for Africa – Hannes and Nadeem – to talk about the recent developments in Africa for Binance particularly on regulation in South Africa. Brickhouse Trading Ltd is a member of the Binance group of companies. Subscribe. Visit Binance Website: https://www. I will show Aug 22, 2022 · Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Binance has launched support for South African rand manual bank deposits. May 23, 2024 · Africa's cryptocurrency landscape witnessed a remarkable surge in February 2024, echoing the global trend, with total market capitalization soaring by 40%. In October 2022, Binance also added a fiat gateway for the Nigerian Naira through Cashlink. VIP+2 Upgrade Vouchers will automatically be distributed upon successful entity verification. A report by blockchain research firm, Chainalysis, revealed that Africa had one of the most active crypto markets. This is the official telegram group of Binance Southern Africa! Admins will never ask for passwords, personal details or funds! View in Telegram. 90 trillion in Q2 2022. Click “P2P Trading”. South Africa The Binance support center is the world's biggest bitcoin exchange and altcoin crypto exchange by volume. In December 2023, the monthly change in crypto market capitalisation was 15. Africa. Feb 14, 2023 · Jan Vermeulen 14 February 2023. 2%, but February 2024 witnessed a remarkable acceleration to 40. Open the Binance App. Follow. The first phase starts immediately. Crypto Talk Tuesdays - phrases/words any crypto user should know! Crypto Talk Tuesdays! The Metaverse Southern Africa Community Kahoot Quiz! Webinar: Quest to Earn explained! Crypto Talk Tuesdays! 200USDT prize pool! Binance Southern Africa Community quiz. Trade smarter with our various automated strategies - easy, fast and reliable Fidelcrest: Best South African Prop Firm For Manual Trading. 3. Fidelcrest is a Cyprus-based Prop Firm that gives advanced prop traders access to large trading capital (up to $2,000,000). 01% in the last 24 hours with a circulating supply of 0. With Binance users can: Some banks in South Africa are now blocking credit cards used to buy crypto on international exchanges, according to one media report. Stay updated on the latest news from the Binance Exchange, keeping track of new crypto listings, new trading pairs, recent delistings, new fiat listings, crypto airdrops and other latest Binance news. The restricted products include margin trading, leveraged tokens, futures, options contracts based on Jan 30, 2024 · Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. 4 days ago · Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Then, tap [Send via Crypto Network]. Summary: Binance faces regulatory restrictions in several countries, including the U. Nov 29, 2022 · The Promotion is only available to Binance users in South Africa. Speaking to BitKE on the recent regulatory developments in South Africa, Hannes, the General Manager of Southern Africa for Binance, said: Binance and Luno are global cryptocurrency exchanges well-established in the crypto industry offering crypto-related services in South Africa. From 2022-09-26 08:00 (UTC), USDⓈ-M and COIN-M perpetual and deliv Sep 27, 2022 · Binance exited the country's crypto futures market almost a year ago. Choose the cryptocurrency you want to withdraw, for example, BNB. 2 The bot will provide solutions based on your prompt. Select your country of residence, you will see the list of verification requirements for your specific country/region. This means that traders have direct access to the platform with the largest global trading volume and can trade bitcoin (BTC), ethereum (ETH), binance coin (BNB), and Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Choose the Buy tab and select BTC. Introducing Fiat Fridays! We have collaborated with @MphoDagada to bring you everything crypto and finance related! Stay tuned every Friday and subscribe to Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Oct 8, 2021 · Binance, the world’s largest cryptocurrency exchange, took another step in refining its product offerings in different markets around the world, this time in South Africa. The Financial Sector Conduct Authority (FSCA) said "restrictions" imposed on Binance include the opening of any new accounts Jan 1, 2020 · Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Furthermore, a 25% fee discount is available for paying using BNB tokens. Fellow Binancians, Binance P2P has now added Moov Money, Orange Money, MTN Mobile Money and Tigo Money to the list of available payment methods for buying and selling crypto in Africa. The platform is well suited for trading cryptocurrencies. South Africa’s Financial Sector Conduct Authority (FSCA), which regulates financial products and services in the country, warned people to be “cautious Sep 24, 2023 · FNB Bank, a prominent financial institution in South Africa, has implemented seamless banking regulations to enable its customers to trade cryptocurrencies instantly through its integration with Binance. Aug 22, 2022 · Binance users can now deposit and withdraw ZAR via Instant EFT, and purchase BTC, BUSD, ETH, USDT and BNB with ZAR. m. Step 1: Specify the search criteria. Despite that the company does not have a financial license, as this kind of activity is not subject to licensing in South Africa in general, the exchange has a good reputation. South African Tether is +0. Users can access the same market-leading liquidity and trade USDⓈ-M and COIN-M contracts on Binance platform. On the need for transactions to be completed through the CryptoQR app, the exchange said: Sep 26, 2022 · Binance has relaunched its Futures products in South Africa through a partnership with FiveWest and Brickhouse. Click the filter icon at the top right of your screen. Oct 8, 2021 · Oct 8, 2021, 12:56 PM PDT. As of August 22, Binance users in South Africa have the option to deposit ZAR into their wallets and convert it into BTC, BUSD, ETH, USDT, and BNB. The second phase, beginning on August 25, will enable ZAR fiat withdrawals for all users. According to the adoption report, Africa received $105. If you cannot find a relevant question from Binance Support, click [Get Support]. This service will be rolled out in two phases: Phase 1 from 2022-08-22 and Phase 2 from 2022-08-25. 45 ( 8. Africa (2 countries and regions supported) Nigeria. Sep 4, 2021 · A few hours ago, the Financial Sector Conduct Authority (FSCA) of South Africa issued a Press Release stating that Binance was not authorized to operate in the country. The entity verification process can take up to 15 business days. Binance is the largest crypto exchange, with about 56 Billion in trading volume, according to Coinmarketcap. South African Tether to USD price is updated in real-time. Binance Core Values guide our behavior, decisions, and action, enabling unified collaboration across our diverse, international teams. It will be executed in English in the English-speaking regions of Africa, spanning from West Africa, East Africa to South Africa. Binance launched in July 2017 as the crypto-to-crypto exchange (swap) platform. Binance South Africa Official. Select the Bank payment method and the ZAR currency to buy the crypto. All ZAR withdrawals initiated during the following bank processing hours will now be processed and reflected in users’ bank accounts within 20 minutes to an hour. Unlike other competing Forex Prop Firms, Fidelcrest has tight trading rules and particularly frowns at automated trading. Step-by-Step tutorial on Binance registration in South Africa. User-Focused We protect our users by putting our users' needs first and delivering quality service. Researchers observed that peer-to-peer transactions were highly popular amongst the locals. com, Binance offers a variety of savings accounts, terms, and yields. Join us tonight for an AMA on the Binance Referral program. UTC. 0%. This allows users to trade crypto and receive or send money via the above payment methods. All Live. Aug 31, 2022 · Also read: Walmart makes offer to buy out South Africa’s Massmart. Tune in to hear from our very own Olubunmi (head of affiliates Africa) as he explains and answers all questions relating to the referral program! Disclaimer: (1) Please note that your access to and use of the Binance Live Platform, whether as a viewer or content Jan 16, 2023 · 2023-01-16 10:00. fxbegin Dec 2, 2020 · Binance reserves the ability to disqualify any participants showing signs of fraudulent behavior immediately. Binance said users in South Africa will no longer be permitted to trade derivatives, effective immediately Binance South Africa. Dec 25, 2023 · Binance is also popular with South African investors that wish to earn interest on their crypto investments. Binance, which by volume is the world’s largest cryptocurrency exchange, will no longer offer derivative trading services in South Africa following a meeting with the country’s financial sector watchdog. Asia & Pacific. Both exchanges facilitate the buying, selling, and storing of cryptocurrencies at competitive fees. America. Jun 23, 2024 · Jun 23, 2024. Binance futures hit $5. Binance P2P Adds Support for FDUSD 2023-08-14. Binance has listed over 600 cryptocurrencies. Select the FNB e-wallet payment method and the ZAR currency to buy the crypto. Let’s see how to verify your account with your South African ID. xZAR to USD price is updated in real-time. Europe. Hannes brings with him over 10 years of experience in the finance sector and is the previous Head of Global Banking for South Africa at Brickhouse Trading Ltd offers Futures and Options to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. 9% ). However, it operates in over 100 countries across Europe, Africa, Asia, the Middle East, and the Americas. Beyond benefiting investors, this surge Binance Southern Africa. Compare the daily prices of BNB (BNB) in ZAR and their 24-hour price Jul 6, 2024 · Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. The live price of South African Tether is $ 0 per (xZAR / USD) today with a current market cap of $ 0 USD. Changpeng Zhao, CEO of Binance. Jun 20, 2024 · Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Fellow Binancians, Binance is pleased to announce that users in South Africa can now enjoy express South African Rand (ZAR) withdrawals to their bank accounts. Risk appetite is the biggest difference between running a crypto exchange and a traditional bank. Paste the address you want to withdraw to and select the network. This move followed a warning issued by the South African financial regulator that Binance Oct 26, 2020 · It takes only three steps to buy Bitcoin with FNB e-wallet on Binance P2P. Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. May 25, 2023 · In November 2020, South Africa’s FSCA proposed crypto should be treated like financial products, and that firms offering crypto-related services must apply for a license. The move also reflects the growing interest in cryptocurrencies in South Africa and the potential for further adoption in the region. This strategic partnership allows FNB Bank customers to access over 350 cryptocurrencies and make instant and free ZAR deposits, making it Refer Friends to Binance South Africa Community to Win Exclusive Binance Merchandise 2023-10-18. Binance is the world's leading cryptocurrency exchange, catering to 169 million registered users in over 180 countries. Then, tap on confirm. Log in to your Binance account and go to [User Center] - [Identification]. Jun 7, 2022 · The Binance BCAT Africa South East event will take place on the 4th of June, 2022 at the Amadeo Event Centre, Enugu State, Nigeria at 9 AM. Oct 8, 2021 · In an announcement on their website, Binance revealed the closure of multiple service offerings in their South African market. Just like Crypto. Phase 2 : Withdrawals - From 2022-08-25 08:00 (UTC) onward, ZAR fiat withdrawals will be enabled for all Binance users. Welcome to the official page of Binance Southern Africa region Keep up to date with Binance Apr 18, 2023 · Johannesburg, 18 Apr 2023. Nov 11, 2020 · Buy Bitcoin with South African Rand. The campaign is limited to the first 500 participants. 200USDT prize pool! Binance Southern Africa Community quiz Binance South Africa. Users can add these payment methods through the P2P Dec 14, 2022 · In August, Binance enabled instant deposits and withdrawals for the South African Rand (ZAR). So says Aug 15, 2022 · Binance, the world’s leading crypto and blockchain infrastructure provider, has announced the appointment of Hannes Wessels as the Country Head of South Africa to drive its business operations in the region. 6 days ago · Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. Binance holds top licenses such as the Digital Asset Service Provider Brickhouse Trading Ltd offers Futures, Options, Dual Investment and Range Bound products to users in South Africa in its capacity as a Juristic Representative of FiveWest OTC Desk (Pty) Limited (Authorised FSP 51619), an authorised financial services provider in South Africa. This means that traders have direct access to the platform with the largest global trading volume and can trade bitcoin (BTC), ethereum (ETH), binance coin (BNB), and Sep 3, 2021 · Updated May 11, 2023 at 3:53 p. In a Friday announcement, the exchange confirmed that South African customers will no longer be able to access its crypto derivatives trading products “to comply with local regulations. Oct 8, 2021 · With immediate effect, new users from South Africa will no longer be able to open accounts with Binance to trade futures, options and leveraged tokens. The other popular Crypto Exchanges in South Africa are: Valr, Revix and Luno. Binance, the world’s largest cryptocurrency exchange, has relaunched crypto futures in South Africa, which is one of Africa’s largest economies. Binance is available in 100+ countries. Aug 29, 2022 · Binance exchange, the biggest exchange globally now supports South African Rand as FIAT gateway. 6. Click [Start Now]. Step 1: Specify search criteria. Binance Adds the ability to buy cryptocurrencies with Rands; South Africans will now be able to buy cryptocurrencies through EFT; Impending regulation is seen as a positive; Binance. REUTERS/Darrin Zammit Lupi. Customers with South African bank accounts can onramp their fiat currency to Jan 16, 2023 · Binance made the decision to limit some services for locals in South Africa due to a warning from the FSCA about consumers’ risks in engaging with the “Binance Group”. Activity Period: Session 1: Saturdays in November 2023 at 11:00 (UTC+1) Aug 23, 2022 · According to Binance, the fiat gateway will roll out in two phases. Binance CEO and co-founder Changpeng Zhao said South Africa is a very important market to the company. This launch enabled South African users to make fast, secure deposits via Instant EFT, providing a new and competitive fiat gateway for South Africa. Binance reserves the right to cancel or amend the Promotion or Promotion Rules at our sole discretion. pw le tj ec xz io az nu vi pq