Services

Over-the-counter (OTC) bitcoin trade

You have bitcoin, but you need Rands to pay for your jeans.

Step 1

Contact us so that we can get you loaded on the system and provide you with a btc address that we link to your South African bank account.

Step 2

Send your btc to your new address. We will automatically pick it up, calculate the Rand amount and make payment to your bank account. You don’t even have to notify us that you sent the btc, nor provide us with any screenshots.

Step 3

Receive the Rands into your bank account and go pay for those jeans. If you need to trade again, you can proceed directly to step 2. Send and ye shall receive!

F.A.Q.

Things we get asked all the time

At the moment, we trade only BTC as it provides the best liquidity in South African markets. We may consider other cryptocurrencies as the markets mature.

No, we do not hold anyone’s crypto or Rands on their behalf. Every exchange of BTC and Rands is completed as quickly and efficiently as possible.

Unfortunately not. It is a disappointing reality that scam artists take advantage of honest sellers and unsuspecting newbies. As a result, we took the decision to stop all OTC crypto sales.

And while we’re on the subject, if you are new to the crypto space and are wanting to make your first purchase, please do NOT make use of a “broker” or “fund manager” or any stranger trying to “help” you with your first purchase or investment. We can pretty much guarantee that they are attempting to scam you.