Best Crypto Exchanges in South Africa

Below is an ever updating list of the crypto currency exchanges on which South Africans can buy/sell/invest and trade with.

Valr

VALR is a crypto exchange company which was launched in 2019, and besides being in the crypto exchange industry for such a short time, VALR has made a remarkable rise and is now regarded as one of the largest crypto exchanges in SA in terms of trading volumes. The company’s cumulative trading volume rose rapidly from R10 billion up to R50 billion, and this is very impressive indeed.

Luno

Luno is a cryptocurrency exchange and payment service company which was launched in the year 2013 and is now available in several countries across the globe. Cryptocurrencies are still relatively new but the good thing about Luno is that it is one of the pioneers in this industry so they have enough experience and you can certainly trust them given their track record. The reason behind the creation of Luno was to empower billions of people across the world by upgrading them to a more open, efficient, and inclusive financial system.

Revix

Revix is an international crypto investment company which is available in several countries around the world including South Africa, the company is very popular as it is a platform which makes investing in crypto safer, faster and easier.

Altcointrader

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.

Ovex

Most South Africans are now warming up to the idea of using Cryptocurrencies and that may be the reason why a company like OVEX was formed. OVEX is a South African cryptocurrency exchange which has been up and running since February 2019. The service offered by OVEX is impressive because the company offers trading in over 20 cryptocurrencies and one fiat currency.

Easy Crypto

Easy Crypto is a well-established crypto company which was initially launched in New Zealand but is now available in several countries including South Africa, the company offers its users with an opportunity to trade cryptocurrencies. There are several cryptocurrencies on the Easy Crypto platform, in fact there is over 109 coins including Bitcoin, Ethereum, Litecoin and other alternative coins.

Cape Crypto

Former product manager Leon Kowalski of the South African-founded cryptocurrency exchange Luno established his trading platform for Bitcoin called Cape Crypto. Cape Crypto only allows deposits in South African Rands and Bitcoin since it is a South African-based exchange explicitly created for the local market.

Coindirect South Africa

Coindirect is a cryptocurrency exchange company which is originally from the Isle of Man and was launched recently in the year 2017. Coindirect allows or helps individuals and businesses to achieve border less and long-term wealth creation by buying and selling cryptocurrency.

Coinbase South Africa

Coinbase is a cryptocurrency trading and investment company offering a fair, accessible, efficient, and transparent financial system. The company was launched in the year 2012 and at the core of their buisiness is the idea that people should be able to easily and securely send and receive Bitcoin. Coinbase has made a remarkable impact in the 9 years they have been in existence because as of now, the company has approximately 73 million verified users, 10,000 institutions, and over 185,000 ecosystem partners in over 100 countries, this proves just how big and reputable the company is.

ChainEX

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.

Paxful South Africa

Paxful is a very popular cryptocurrency exchange which is a Peer to Peer Bitcoin marketplace which connects buyers with sellers. Paxful gives its customers with a simple, fair and secure platform for trading the value of their work. The company was founded 6 years ago in 2015 and now has 4.8 million users around the world, which is a significant number. Paxful is not regulated in any country. This allows the exchange to provide its services worldwide.

Crypto.com South Africa

Crypto.com was officially launched back in 2016 and has already made its mark in the global crypto space. Accessible in over 90 countries, Crypto.com boasts the support of over 250 cryptocurrencies and the recently NFTs on its platform.

Binance South Africa

Binance is a cryptocurrency exchange founded by software developer Changpeng Zhao, CZ, in Hong Kong, China, in 2017. The exchange platform runs on the Binance Chain and Binance Smart Chain blockchains. The native coin of the Binance is the BNB coin.