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.
Revix Summary
Bitcoin
Etherium
USD Coin
Litecoin
Bitcoin Cash
Cardano
Polkadot
Solana
Binance Coin
PAX Gold
Avalanche
Deposit: Free
Withdrawal fees R 50.00 or 0.25% for any amounts over R 200,000.00
Monthly rebalancing fees 0.17% per month
Transaction fees 1.00% trading fee
You can deposit South African rand, Bitcoin, Litecoin, Bitcoin Cash, Ethereum and US Dollar Coin (USDC).
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Revix is backed by Sabvest, a company which is listed on the JSE. The other popular Crypto Exchanges in South Africa are: Valr, Altcointrader, Luno and Binance.
The company tries to accommodate everyone as the minimum investment on the platform is only R500, the other good thing is that there are no monthly fees and you will only be charged a 1% transaction fee for both your buys and sells. You can sell your crypto investment at any time and withdraw your funds. And there are no lock-up periods like there are with other investment funds.
When it comes to the issue of investment products in the form of cryptocurrencies, Revix is one of the best in that regard because it gives you an opportunity to invest in top cryptocurrencies such as Bitcoin, Ethereum, Gold, Cardano, Uniswap amongst other cryptocurrencies.
Revix has a bitcoin rewards programme (see Revix referral code) which allows customers to earn reward points which can then be converted into cash or cryptocurrencies.What happens is that after you have verified your account, you can then earn points, level up and get rewarded with lower fees and Bitcoin, each time you refer a friend, you will earn 150 points and your friend will receive R200 in cash deposited into their Revix account.
It is important for you to note that your capital is not guaranteed as your returns are based on the performance of the underlying assets in your portfolio, what this means is that if your assets decline in value, your bundle will depreciate and Revix is by no means responsible for any lost funds.
Revix has what is called cryptocurrency Bundles, this is a smart way of making an investment because it allows you to own a diversified portfolio of the world’s top cryptocurrencies, the main advantage of the cryptocurrency bundles is that it helps you increase your return potential and reduce your investment risk.
How to register with Revix
Revix requires you to first register for an account in order for you to start using their services. In order for you to register with Revix, you must:
Visit their official website at https://revix.com/
Click on the blue ‘Get Started’ button.
Fill in the provided registration form with the following details;
Email
Password
Confirm your humanity and click on the ‘Continue’ button.
You will receive an email with a magic link that will sign you in to Revix, click the ‘verify email’ button to verify your account.
After that, there is need to fill in your personal details:
Legal first name
Legal surnames
Country of residence
Date of birth
Before you can invest we need to verify your account. Get your passport or ID and a recent proof of address (not older than 3-months) ready. Then make sure you’re in a well-lit room so that you can take a clear selfie that we can use to match you to your ID using facial recognition.
How to deposit funds with Revix?
Revix allows you to make either a Fiat Deposit or a Crypto Deposit.
To make a Fiat deposit, you must:
Log into your Revix account and click on the blue ‘Deposit’ button (Please note that in order for you to make a deposit, you are required to create a deposit ticket on the system such that the system links your deposited funds with your created ticket.
Select Bank Transfer
Indicate how much you are planning to deposit by clicking on one of the pre-populated options or by entering the amount manually.
You can then make your EFT payment at your soonest convenience, please be sure to use your unique deposit reference when doing so. If you plan on making the deposit later select “I’ll make the payment later.”
Please note that you must upload your proof of payment for your funds to be allocated within 24-hours
To make a Crypto Deposit, you must:
Log into your Revix account and click on the blue ‘Deposit’ button (in order to make a crypto deposit, you are required to create a deposit ticket. you will be provided with the wallet address to send the funds to)
Select the crypto currency you will be depositing and click on the right-facing arrow (accepted deposits are BTC, USDC, ETH, LTC and BCH)
Use the QR code or copy and paste the wallet address we provided (Please note this address is only valid for 60 minutes and for one transfer. For multiple crypto deposits please create a deposit ticket for each deposit)
How to withdraw funds from Revix?
It is important for you to realise that you can withdraw funds from your Revix account into a South African bank account which is in your own name, to make a withdrawal, you must:
Click on “Funds” as highlighted in the red box on your dashboard.
You will then be taken to a page that will show you all of your available cash balances. Click on the balance that you wish to withdraw from.
You can now use one of the percentage blocks to easily select a percentage of your balance, or you can select 100% to withdraw your entire balance. Once you have chosen the amount you want to withdraw, click next.
You must then add your bank details for the first time, the system will save those details which you can use for future withdrawals.
After that you will be sent a confirmation email with a unique code to verify and confirm your withdrawal, type in your verification code.
If your account has been verified If your account has been verified, the transaction will be successful.
Which cryptocurrencies does Revix offer?
Revix cannot compare with a few crypto investment companies in terms of the number of cryptocurrencies they offer, the good thing however is that Revix gives its customers some of the best cryptocurrencies namely;
Bitcoin
Ethereum
Cardano
Uniswap
Polkadot
Solana
Binance Coin
PAX Gold
Top Ten Bundle
Smart Contract Bundle
Payment Bundle
USD Coin