ChainEx is a cryptocurrency exchange which was recently launched in South Africa in the year 2018. The good thing about ChainEx is that the company an extensive range of cryptocurrencies, from the popular ones to the least popular ones, some of the popular coins on this platform are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC) using the South African rand as the default fiat-buying currency. The other newer exchanges include Ovex, Revix and Cape Crypto.
There is a Quick Buy and Sell feature on the ChainEx platform which is mostly used for beginners who are inexperienced in crypto trading. This feature allows you to buy or sell digital currencies instantly on ChainEX. ChainEx has dynamic trading fees and this lets you pay less charges while you trade more.
ChainEx has a lot of useful features on their platform, for example, you can repeatedly ans automatically buy your chosen cryptocurrency as soon as your deposit clears, this is made possible by instant trade on deposit features which gives you automated freedom. The company also has accumulation and distribution orders and scaling fees and that is like having your own little trading bot trying to distribute and accumulate certain coins.
The ChainEx trading platform is secure because the company has a 2FA (2-Factor Authentication) for you to secure your account, additionally, all the ChaiEx web pages are secured with state of the art SSL certificates ensuring the encryption of your data. There is a referral program which makes it easy for clients to earn an extra passive income by inviting your friends and earn free Bitcoin for choosing and partnering with ChainEX.

How to register with ChainEx South Africa

In order for you to use the services of ChainEx, you must sign up for an account on their website and this is a simple exercise. To Sign Up, you must:
Visit their official website at
Click on the orange ‘Sign Up’ button.
Fill in the provided registration form with your
Click on the ‘Sign Up’ button at the buttom to complete the registration process.
How to deposit funds with ChainEx?
You can easily make a ZAR deposit from your local bank account and you can do so by following the simple steps below (please note that you must use the correct reference):
Visit the official chainEx website at
Go to the balance page by clicking “Balance” on the top right
Please ensure that you are at least on Profile Verification level 1 (ZAR and USDT markets are restricted on Profile Verification level 0). On how to reach verification level 1, follow the steps here.
On the Balance page, identify your ZAR wallet.
Under “Action” there are four different icons. Select the first icon – “deposit” (a Bitcoin with a down arrow).
ChainEX’s banking details and your unique reference will be displayed.
Next, you will need to perform an EFT using the details from the previous step.
Log in to your online banking.
On your internet banking, use the ChainEX deposit details (as shown in Step 6), to create a Deposit.
Once you have performed the EFT, you will receive an email notification as soon as your ZAR deposit has been processed.
How to withdraw funds with ChainEx?
With ChainEx, you can withdraw your digital currency from one of your ChainEx wallets to another wallet of the same currency on another platform, you can do so by following the simple steps below:
Visit the ChainEx website at
Select “Balance” on the top right.
Identify the digital currency from which you wish to withdraw.
Select the withdraw icon (Bitcoin with an up arrow) under “Action”
If you have not yet enabled your 2 Factor Authenticator (2FA), you would be required to do so first. If you are not sure what 2 Factor Authentication is then please click here for more information.
Click on “Enable 2FA” and follow the steps.
Enter the amount you wish to withdraw, the address of the wallet to which the entered amount will be withdrawn in the fields provided and then you will be required to enter your unique six-digit 2FA code.
Select “Process Withdrawal”
You will receive a withdrawal confirmation email which will be sent to your email address to complete the withdrawal.
How to use Quick Buy and Sell option?
The Quick Buy and Sell option allows you to instantly buy or sell digital currencies and is the easiest way to buy and sell digital currencies on the ChainEx platform. Below is information on how you can use this feature to either buy or sell.
Log into your account at
Navigate to the Balance page by selecting “Balances” on the top right.
Identify which of the four currencies you would like to Buy or Sell, on top of the Balances page. In this tutorial, I will be purchasing Ethereum, so I will look for the ETH card.
Select Buy.
Once you have clicked buy, you will notice that there are two drop-down menus displaying two coins, for the purpose of this tutorial, the first should be ETH and the second should be BTC.
Within the “BUY” field, enter the value 1. That is the amount of ETH we would like to purchase.
Within the “WITH” field, you will notice that the value has changed. That will be the estimated amount of BTC you will us to purchase 1 ETH.
Click the Buy button below the input.
Once you have clicked Buy, a confirmation will be loaded.
Ensure that you are satisfied with the values/information shown on the confirmation loaded.
If you are satisfied, select the “Yes” button on the confirmation.
Once you have clicked “Yes”, the amount specified will automatically be bought from the ETH/BTC market against the best-placed orders which currently exist. Always make sure you check the Bitcoin to ZAR and ETH to Rand prices before you buy bitcoin in South Africa.
Which cryptocurrencies does ChainEx offer?
ChainEx supports a number of Cryptocurrencies on its platform, this is good because it gives users the freedom to choose their preferred coins. Some of the cryptocurrencies offered by ChainEx are:
Bitcoin (BTC)
Ethereum (ETH)
Bitcoin Cash (BCH)
USD Tether (USDT)
Litecoin (LTC)
Zcash (ZEC)
Tezos (XTZ)
Dogecoin (DOGE)
Monero (XMR)
Basic Attention Token (BAT)
OmiseGO (OMG)
Ripple (XRP)
ChainEx Customer Support
The ChainEx platform offers excellent support for its customers. If you need assistance in a certain area, the company has a lot of learning material you can use to learn more about trading. Additionally , you can contact ChainEx through email or a monitored support ticket system.