Hi there. We are two South African engineers who have just built and launched the South African Bitcoin Exchange. https://bitx.co.za The functionality is quite basic at the moment (you can buy and sell coins in ZAR) but we're adding to it constantly. We (nickponline and zefiris) would love to take any suggestions or questions about it to help us decide what functionality to build next.
The idea is to allow south africans to get in on more of the bitcoin exchange, currently they only seem to go for cash, but why not also buy some south african stuff or swap for an xBox with someone in your city. Please check it out and help get the ball rolling. Any way here it is: http://www.reddit.com/BitcoinSouthAfrica. The only requirement is you live in South Africa or are able to provide your goods from within South Africa. Trading of other crypto currencies or cash for bitcoins is also allowed.
So I have a small but not insignificant amount of bitcoin on Luno (a mostly South African Bitcoin exchange) however I have read recently that storing my btc in an app like Luno is not a good idea and I should instead get a wallet. I don't intend to be selling anytime soon. Could somebody please explain why this is a good idea, and possibly recommend a wallet accessible to South Africans? Also, how would I go about getting my bitcoin out of the exchange and into a wallet? Thanks for the help! 🚀🌒
20% Arbitrage opportunity in South African bitcoin market.
Currently bitcoin is selling at a 20% premium on South African Markets... If you have access to both USD bitcoin exchange and the South African bitcoin exchange I imagine you could sell your bitcoins on the South African exchange.... buy more "cheap" coins on the USD exchange and repeat for a hefty profit... is this legal ? https://bitx.co/market#/XBTZAR
Willem Petzer: Don't miss the Stream tonight at 8 pm! I am talking to Gareth Grobler, CEO of the Ice3X crypto exchange, on how to buy Bitcoin to act as an insurance policy against the falling South African Economy and Rand currency. Educate yourself here:
Users looking to buy Bitcoin in South Africa can do so from one of the many exchanges available in the country. However, buyers should keep in mind that they should first get a wallet to store the Bitcoin. In case you don’t have a wallet, you can go through our guide on the best Bitcoin and cryptocurrency wallets. Digital Currency Group has acquired South African cryptocurrency exchange Luno, which has more than five million customers in over 40 countries. The acquisition will help Luno expand globally ... Which South African Exchange Should You Choose? In our opinion, eToro is leading the way when it comes to the best Bitcoin exchanges in South Africa. Because it contains the best bits of the traditional trading world as well as a new focus on the crypto market, the service you receive is fantastic. What’s more, with swift transactions ... This is a well-filtered list of exchanges to buy bitcoin in South Africa. If you are in South Africa or you intend to migrate there, it might interest you to know that there are so many exchanges where you can trade bitcoin. But in this post, I have sieved all these exchanges and listed the top 10 best suited for South African residents. So, by the end of this post, you will get to know the 10 ... The two most established bitcoin exchanges in South Africa have been around since 2013, ... Bitcoin Cash, and Litecoin in South African Rand as well as trade Ethereum for Bitcoin. ICE³X is registered as ‘Internet Currency Evolution Cubed (Pty) LTD’ is a South African owned and operated company. We provide digital currency solutions for real world problems and offer a unique approach to ...
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