What is a Bitcoin?
Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, thus removing the need for third-party involvement in financial transactions.
It is rewarded to blockchain miners for verifying transactions and can be purchased on several exchanges.
Where Can I Buy Bitcoin In South Africa?
Yellow Card Financial | Buy and Sell Bitcoin in South Africa
Address: Suite 2305, Durban Bay House, 333 Anton Lembede St, Woodlands, Durban, 4001, South Africa
Areas served: Sandton and nearby areas
Hours: Open 24 hours
Phone: +27 31 305 0275
Bitcoin ATM Cape Town AnkerPay
Address: Unit 8, Victoria Junction, Prestwich St, De Waterkant, Cape Town, 8001, South Africa
Areas served: Cape Town and nearby areas
Hours: Open ⋅ Closes 5 pm
Phone: +27 66 198 4607
Cape Town Bitcoin
Address: 38 Wale St, CBD, Cape Town, 8001, South Africa
Hours: Open ⋅ Closes 4 pm
Phone: +27 73 530 1188
Bitcoin ATM Willowbridge Mall Bellville
Address: 39 Carl Cronje Dr, Tyger Valley, Cape Town, 7530, South Africa
Hours: Open ⋅ Closes 7 pm
How can I buy BTC in South Africa?
To buy bitcoin in South Africa is a simple process that requires no prior investing experience. Simply open an account with a reputable exchange that accepts debit/credit card payments. You can then keep your BTC tokens in a crypto wallet until you’re ready to cash out.
Which bank supports Bitcoin in South Africa?
Yes, customers can utilize Standard Bank to purchase Bitcoin and cryptocurrencies with FSCA-regulated crypto exchanges in South Africa.
These platforms provide convenient and affordable options for depositing South African Rand (ZAR), making it easier for individuals to trade a wide array of digital currencies.
What is the easiest way to purchase Bitcoin in South Africa?
Top payment methods in South Africa
- FNB E-WALLET. Paxful makes it easy and secure for you to buy and hold cryptocurrency.
- Bank Transfer. Paxful makes it easy and secure for you to buy and hold cryptocurrency.
- Cash Deposit to Bank.
- PayPal.
- Perfect Money.
- Cardless Cash.
Is Bitcoin ATM available in South Africa?
South Africa hosts several Bitcoin ATMs. They are found in Pretoria, Johannesburg, Cape Town, Durban, Port Elizabeth and Stellenbosch.
Where can South Africa buy Bitcoin with debit card?
The two oldest exchanges in South Africa that have stood the test of time and can be trusted with Bitcoin transactions are Luno and ice3X (IceCube).
Both exchanges accept deposits from your bank account or card payments. Once the funds are cleared, you can immediately buy or sell Bitcoin through the exchange.