Altcointrader is an online cryptocurrency exchange in South Africa which supports a number of leading digital coins such as Bitcoin and Ethereum amongst other coins. Altcointrader is popular because it offers a simple way to buy and sell cryptocurrency without any hassles. AltCoin Trader was founded in the year 2015 so they have a proven track record. Compare VALR vs Altcointrader and see our Altcointrader Login guide, or Altcointrader App.
Altcointrader Summary
Single Network Tokens
Basic Attention Token Bitcoin
Bitcoin Cash Bitcoin Gold
Bitcoin Satoshi Vision Binance Token
BitTorrent Cardano
Chainlink Compound
Dai Dash
Dogecoin Gas
Litecoin Monero
Namecoin Neo
Polkadot Ripple
Shiba Inu Tron
ZCash Songbird
Multiple Network Tokens
Ethereum
Tether
South African Rand Tether
MATIC
Trading fees for all coins: 0.1% of trade value
Deposit:
EFT 0.5% Maximum or R95.00
Ozow: 1.4%
Bank Transfer
Instant Bank Transfer via Ozow
Featured Exchanges
You will be excited to know that Altcointrader (www.altcointrader.co.za) allows you to deposit and withdraw your funds in ZAR, the reason being that this platform has a specific focus on the domestic marketplace, Altcointrader is one of the few platforms that allows you to buy and sell cryptocurrency in ZAR. This is great because it is quite a convenient way of trading which is different from the usual method whereby you need to first exchange your funds from ZAR for USD to start trading, this is made impossible by the fact that Altcointrader does not offer convertibility to euro, US dollars, or any other currency outside of the South African Rand.
The service offered by Altcointrader is tailor-made for the South African traders and even the payment methods are the ones familiar to the traders, Supported payment methods on the platform are:
local bank deposits
Instant EFT (OZOW)
The fees and commissions on the Altcointrader platform varies depending on several factors and one key factor is the payment method you wish to use. Altcointrader has an exciting service which is called Easy Buy which allows you to purchase a cryptocurrency by simply entering the amount you want to invest in ZAR, it’s that simple. The other popular Crypto Exchanges in South Africa are: Valr, Revix, Luno and Binance.
If you are into trading, you will know that in order for you to fully secure your account, the Two-Factor Authentication (2FA) has to be enabled. the Two-Factor Authentication provides a One Time Pin (OTP) when you are logging in and Altcointrader just like any other serious trading platform has a Two-Factor Authentication (2FA).
How to register with AltCoinTrader?
It is important to register for an Altcointrader account because that is the only way for you to be able to make use of this platform, in order for you to register, you must:
Visit the official website
Click on the ‘Register’ link on the main menu.
You will be provided with a registration form, fill it in with your:
Username
Email
Password
Check the available box to accept the ‘Terms and Conditions’
Click on the ‘Register’ button.
You will receive a verification email from Altcointrader which you will then use to verify your account.
How to make a deposit with AltCoinTrader?
Altcointrader tries to make things as simple as possible, to make a deposit into your Altcointrader account, you must:
Log onto your account at www.altcointrader.co.za
In the top menu, click on the “Deposit” button.
On the deposit page, select the South African Rands button.
Select the type of Rands deposit you would like to do. Currently we support Zar bank deposits and Ozow instant eft.
Simply select the bank you would like to deposit your funds into and make a Rand deposit from your bank account to AltCoinTrader.(When making the payment, please make sure that you enter this reference number correctly.)
How to make a withdrawal with AltCoinTrader?
Making a withdrawal with Altcointrader is as simple as making a deposit, in order for you to withdraw with Alcointrader, you must:
Log onto your account at www.altcointrader.co.za
In the top menu, click on the “Withdrawal” menu button.
On the Withdrawal page, select the ‘South African Rands” button.
Then select the “ZAR-Bank Withdrawals” button.
Enter the amount of Rands you would like to withdraw and press the “Withdraw ZAR” button, you will then receive a withdrawal confirmation link via email which you will need to click the link in order to verify and confirm your withdrawal.
Which cryptocurrencies does AltCoinTrader offer?
Altcointrader offers quite a huge number of cryptocurrencies on their platform which are both popular and less popular. The cryptocurrencies on this platform are categorised as Single Network Tokens and Multiple Network Tokens, below is a list of the supported cryptocurrencies on the platform:
Single Network Tokens
Basic Attention Token Bitcoin
Bitcoin Cash Bitcoin Gold
Bitcoin Satoshi Vision Binance Token
BitTorrent Cardano
Chainlink Compound
Dai Dash
Dogecoin Gas
Litecoin Monero
Namecoin Neo
Polkadot Ripple
Shiba Inu Tron
ZCash Songbird
Multiple Network Tokens
Ethereum
Tether
South African Rand Tether
MATIC
The AltCoinTrader Mobile App
Altcointrader has a great App which enables traders to easily buy and sell cryptocurrencies anywhere in the world, the AltCoinTrader mobile App that is available on all the relevant platforms, that is, Google Play, iStore and the Huawei App Gallery. Using the App is great because the Altcointrader website is a bit clunky and outdated.
The AltCoinTrader Customer Care Service
Altcointrader has a great customer service team which is always on hand to answer your questions on any issue you might be having, you can contact the team during business hours via:
Telephone: 011 568 2684
Email: support@altcointrader.co.za
fraud@altcointrader.co.za