Are you looking for an easy, fast, ultra-secure way to buy USDT (Tether) in South Africa? You have come to the right place at the right time. As today we’re going to talk about USDT in South Africa.

USDT (USD Tether) is the world’s biggest and most popular stablecoin. Thanks to Tether being backed by the U.S. Dollar, cryptocurrency investors can use Tether to protect their existing wealth from market downturns and volatility. Best of all, you too can now start using Tether, by buying USDT in under 2-minutes, right here at Easy Crypto. Or, by swapping other crypto coins that you already own before.

But first, let us inform you on everything you need to know about USDT.

What is USDT (Tether) used for?

How Tether works and why people use it is simple. Cryptocurrencies like Bitcoin have value because they grow scarcer over time. The value of 1 BTC, therefore, rests on factors like how many coins are in circulation, and supply and demand.

Tether is wholly different. This is thanks to the fact that 1 USDT will always have equivocal value to 1 United States Dollar. Tether can’t, therefore, be used for investment purposes. However, it can be used to protect your existing cryptocurrency wealth during market downturns.

It is also possible to use USDT as a digital alternative to the U.S. Dollar and other fiat currencies. This means that it is possible to conduct business in Tether, as well as and transfer money locally and internationally, similar to how you might real U.S. Dollars.

Who buys USDT (Tether) in South Africa?

At present, Tether is the world’s most popular stablecoin and the 3rd biggest cryptocurrency. As a result, USDT is purportedly used in 40% to 80% of all cryptocurrency transactions.

In simple terms, this means that every day, 40% to 80% of all cryptocurrency traders use Tether. Most do so to protect trading profits from upcoming digital asset price swings. But, many traders also use USDT to transfer capital between exchanges.

How safe is USDT (Tether)?

Fixing the value of Tether to the U.S. Dollar means that any wealth you store in USDT is generally safe. Although, Tether also has a habit of not publicly auditing its accounts. Thankfully, if you have concerns about Tether, there is an alternative stablecoin available in the form of USDC (USD Coin).

Where can I buy USDT (Tether) in South Africa?

Do you lose sleep every time Bitcoin or other digital assets you own start falling in value? If so, it might be time to secure your crypto wealth using a stablecoin.

As the world’s most popular stablecoin, it is possible to convert cash to Tether to deposit at exchanges that do not support fiat cash deposits. It is also possible to instantly swap coins like Bitcoin for an equivocal amount of USDT.

At Easy Crypto, we give you both of these options. You can either buy USDT (Tether) in South Africa directly through our site, or you can instantly swap coins like Bitcoin for USDT.

• If you think cryptocurrency you own might be about to fall in value, you can use Easy Crypto to instantly swap coins for USDT.
• We make swapping coins easy. Tell us how much of a coin like Bitcoin you want to swap. When you deposit coins, we’ll then deliver your new Tether to your USDT wallet address.
• At Easy Crypto, you can swap Tether back for Bitcoin (or one of 70+ other altcoins) at any time.

Now that you finally know everything about USDT (Tether), how do you feel about trying it? Do not hesitate to contact Easy Crypto team if you want to buy USDT or other cryptocurrencies in South Africa.

We are always ready to help.

The post What Is USDT: Where & How to Buy USDT in South Africa? appeared first on Easy Crypto.

Are you looking to buy USDC in South Africa? If that’s the case, you can buy USDC or swap other crypto coins you already own for USDC, right here at Easy Crypto. Here, we’ll look at how, as well as which option might be right for you. But first, let’s have some introduction with USDC.

USDC (USD Coin) is a stablecoin that benefits from one-to-one backing by the U.S. dollar. As a crypto investor, you can, therefore, buy USD Coin, to protect your crypto wealth from diminishing during market downturns.

What is the purpose of buying USDC in South Africa?

USDC Coin is not a digital asset that you invest in like Bitcoin. This is because the purpose of the two coins is entirely different.

As it stands, there are two main use cases for USDC in South Africa. As a cryptocurrency trader or investor, you can use USDC Coin solely to protect your cryptocurrency wealth from major market downturns.

If you own $1,000 (U.S.) in BTC and swap this for $1,000 in USDC at Easy Crypto, you will still have $1,000 in USDC tomorrow, even if Bitcoin crashes to zero in the interim.

Sadly, if Bitcoin goes up in value after you swap BTC for USDC Coin, you won’t make any gains. For this reason, South African cryptocurrency traders usually swap coins like Bitcoin for USDC repeatedly, depending on cryptocurrency market conditions.

Can I use USDC as digital dollars?

As well as using USDC to protect your existing crypto wealth from cryptocurrency market downturns, it is also possible to use USDC as a digital U.S. dollar.

Many South Africans use cryptocurrency in business contexts to settle international transactions quickly. Many others use cryptocurrency to transfer money quickly to family members living outside of South Africa.

In both cases, it is possible to use USDC as a replacement for other cryptocurrencies. Transactions still settle quickly. All that you don’t have to worry about is sudden coin price fluctuations. As is often the case like with coins like Bitcoin.

What is the difference between USDT and USDC?

At present, an alternative to USDC Coin exists in the form of Tether (USDT).

At face value, both USDC and USDT offer similar benefits. Each coin benefits from 1:1 backing by the U.S. Dollar. Each is also accepted worldwide by a growing number of users, businesses, and cryptocurrency exchanges.

The main difference between USDC and Tether rests with the fact that USDC is made available by the JP Morgan company, Circle. As a result, regular audits ensure that every USDC in circulation is backed by a real U.S. Dollar.

By comparison, Tether does not make audits available to the public. As a result, some question whether USDT is really backed by real U.S. Dollar reserves.

Why should you buy USDC?

If you are looking to use a stablecoin to protect your cryptocurrency wealth from market downturns, USDC is likely your best option. Regular audits by Circle mean that funds you store in USDC are always 100% safe. This is slightly different from when using USDT, given current auditing doubts.

How to buy USDC in South Africa?

Do you already own Bitcoin or other top market cap cryptocurrencies? Have you ever tried to sell or exchanged Bitcoin for South African Rand? If that’s the case, you will know just how quickly coins like Bitcoin can fall in value.

Thankfully, it is now possible to use Easy Crypto to lockdown your crypto wealth.

At Easy Crypto, we make it easy to buy USDC Coin directly in South Africa. However, we also make it easy to instantly swap Bitcoin (or other altcoins you own) for an equivocal amount of USDC.

• Protect your existing crypto wealth by instantly swapping Bitcoin for USDC before market downturns.
• Swap coins back or swap USDC for other altcoins at any time.
• If you don’t already own coins like Bitcoin, you can buy USDC in under 2-minutes through Easy Crypto.

At Easy crypto, we are the only exchange where you can buy USDC Coin or swap other coins for USDC in under 2-minutes. We also offer the lowest local fees in South Africa on all coin transactions.

The post What Is USDC: Where & How to Buy USDC in South Africa? appeared first on Easy Crypto.

The number of people who buy cryptocurrency in South Africa continues to grow. At present, South Africa is home to more cryptocurrency investors per capita than any other country. Every day, also sees more South Africans buy cryptocurrencies at exchanges like Easy Crypto. The only question is, “Why?”

Why do people buy cryptocurrency in South Africa? Do people in South Africa buy cryptocurrency just as an investment? Or does buying cryptocurrency have a more practical purpose? At Easy Crypto, we believe that the latter is the case.

Here’s why the number of people who buy cryptocurrency in South Africa continues to grow

Contrary to what you might think, not everyone who buys cryptocurrency in South Africa does so to invest. In fact, at present, South Africa is one of just a few places in the world, where cryptocurrency is used just like regular currency. Now, let’s look one by one the reasons why South Africans start to adapt with cryptocurrency.

Cryptocurrency combats high South Africa remittance fees

Every year, thousands of South Africans with transferable work skills seek work in more affluent countries. At the same time, there is a high level of immigration into South Africa from surrounding countries to fill skilled worker shortages.

Having a large diaspora population means that money transfers in and out of South Africa are common. At present, though, remittance fees on South African money transfers are some of the world’s highest.

• When sending money to South Africa, remittance fees can equal up to 12% of the amount of cash being transferred.
• On average, most remittances to South Africa in 2019, saw South Africans pay fees equivocal to 7.3% of transaction amounts.
• High remittance fees still apply when sending money to or from neighbouring African countries.

Thankfully, cryptocurrencies like Bitcoin provide a solution to South Africa’s remittance fee problem. This is thanks to the fact that using coins like Bitcoin to transfer cash, can cost South Africans as little as a few cents.

Many businesses in South Africa have started using Bitcoin and other cryptocurrencies

In South Africa, high local remittance fees don’t just affect individuals receiving money from overseas. As well as this, high-fees also affect local businesses.

At present, the volatility of the South African rand puts South African businesses at a disadvantage when buying or selling goods overseas. This is why several South African businesses have already started to accept Bitcoin or other cryptocurrencies as a payment method.

At present, notable businesses using cryptocurrency in South Africa  include:

• RunwaySale – South Africa’s largest online fashion sales store offering members exclusive 70% discounts on major fashion labels.
• Earthchild – A homegrown South African fashion retailer specializing in organic cotton casual wear.
• Cape Coffee Beans – South Africa’s most popular online coffee bean distributor.
• weFix – South African repairers of all kinds of consumer smart devices, including popular Apple products.
• Takealot.com – South Africa’s largest homegrown e-commerce store.

In the majority of cases, businesses don’t just invite consumers to pay with cryptocurrencies. As well as this, businesses like weFix use cryptocurrency to source inventory from overseas suppliers. In doing so, they significantly reduce their inventory procurement costs.

Promising asset for investment and trade in South Africa

Globally, the majority of people who buy cryptocurrency do so to invest or trade cryptocurrency. However, in South Africa, people don’t just buy coins like Bitcoin in the hope to get rich one day.

At Easy Crypto, we see many people buy coins like Bitcoin to safeguard the value of wealth they have already.

• Coins like Bitcoin often perform better against the U.S. dollar than the South African rand.
• By investing in cryptocurrency, South Africans can save without having to worry about the value of their savings decreasing due to inflation.

Where is the best place to buy cryptocurrency in South Africa?

Are you planning to buy Ethereum tokens or trying to get started with Bitcoin in South Africa or any other cryptocurrency? If so, at Easy Crypto you can do so in under 2-minutes. Best of all, because Easy Crypto is a local exchange, you can save on transaction fees while also buying coins for the best price possible.

Find out more about Easy Crypto now by visiting our website

The post Why Do People Buy Cryptocurrency in South Africa? appeared first on Easy Crypto.

Many people are currently looking for guides on how to buy Ethereum in South Africa. It’s no surprise since Ethereum is the worlds second biggest cryptocurrency, after Bitcoin. The price of Ethereum has shot up over the past few years. The first recorded price of Ethereum was $0.30 when ETH had its ICO in 2015. At the time of writing the price is $235, and it reached a high of over $1400 during 2017!

What is Ethereum?

A developer named Vitalik Buterin created Ethereum in 2015. Ethereum is slightly different to Bitcoin. Rather than challenging the current financial system, Ethereum aims to be the worlds first decentralized platform than runs decentralized applications, also known as dApps.

Anyone in the world can develop and deploy decentralized applications and tokens on top of the Ethereum blockchain. Businesses have been showing a keen interest in Ethereum as it allows them to utilize blockchain technology without having to build and develop their own, unique blockchain.

What are the use cases of Ethereum

One of the biggest use cases is currently tokens running on the Ethereum blockchain, these are known as ERC20 tokens. These are essentially other cryptocurrencies built on Ethereum. If we take a look at CoinMarketCap, we can see that Ethereum is dominating in the token industry.

Another big use case is smart contracts. A smart contract is essentially a program or computerized contract that’ll execute once a certain task has been complete or a certain condition has been met. Some real world examples of how smart contracts can be used include:

• Smart contracts can be used by insurance companies.
• Smart contracts can be used for voting or elections.
• They’re great for fundraising.
• Companies trying to earn money through an ICO can use smart contracts.

How can I buy Ethereum in South Africa?

To buy Ethereum easily in South Africa you’ll need to setup an account with a local exchange or broker. Exchanges tend to be quite confusing and intimidating, especially if you’ve never used one before. Luckily, Easy Crypto is simple and easy to use for anyone in South Africa!

The post How to Buy Ethereum in South Africa appeared first on Easy Crypto.

Buying crypto in South Africa is actually much easier than you may think. If you’re looking for a safe, cheap and easy place to buy crypto in South Africa you’ve come to the right place!

How to buy crypto in South Africa

To buy crypto in South Africa you’ll need to setup an account with a local exchange or broker. Although, exchanges tend to be quite confusing and intimidating, especially if you’ve never used one before. Luckily, Easy Crypto is simple and easy to use for anyone in South Africa!

Why buy crypto through Easy Crypto South Africa?

There are many reasons as to why people prefer buying crypto through Easy Crypto. To name a few:

• You can get your account verified and start buying crypto within minutes of signing up.
• We offer over 70 different cryptocurrencies on our platform.
• We offer a 100% funds safety guarantee across all orders.
• You can have you crypto delivered to your wallet within minutes of making payment.

Why should I buy crypto?

Over the past few years, cryptocurrencies have exploded in value. In fact, Bitcoin was the best performing asset of the last decade! If history repeats itself, buying cryptocurrency now could be a profitable investment in a few years. Many people believe that cryptocurrencies are here to stay. If this is true, it means that we are still very early! Cryptocurrencies have only been around for 11 years now, with Bitcoin being the oldest, and only about 1-2% of the world population actually own crypto!

Which cryptocurrencies should I buy?

Well, that is entirely up to you. It is always recommended that you know what you’re investing in. By doing this you reduce the risk of investing in a potential scam and you’ll be able to pick the cryptocurrencies that seem the most promising to you. If you’re looking for a good place to get started consider checking out CoinMarketCap and the other articles we’ve written.

Good luck on your journey in the crypto space, and if you need any help please feel free to contact Easy Crypto team! We are always ready to help

The post Investing in Crypto: How to Buy Crypto in South Africa? appeared first on Easy Crypto.

Looking for the reason why people buy Bitcoin (BTC) in South Africa? If so, you are not alone. Right now, Google searches for ‘Buy BTC South Africa’ are skyrocketing. 

In response, to more people looking to invest in cryptocurrency, Easy Crypto South Africa is making it easier than ever to buy Bitcoin in South Africa instantly. We are also the only local Bitcoin exchange where you can buy Bitcoin for today’s BTC market prices — not a hefty markup.

Why should we buy Bitcoin (BTC) at Easy Crypto South Africa?

Easy Crypto is South Africa’s newest and safest local Bitcoin exchange.

South Africa itself is a global leader when it comes to rates of cryptocurrency adoption. However, finding a reputable Bitcoin exchange in South Africa isn’t always easy. At Easy Crypto, we change this. Here’s how:

• We allow you to buy Bitcoin with credit cards at Easy Crypto in seconds for current BTC market prices (no charge of hefty premiums like other exchanges);
• We are a non-custodial Bitcoin exchange. This means that we never store Bitcoin you buy on our exchange. Instead, we deliver coins directly to your wallet where your funds are 100% safe;
• Easy Crypto does not charge any hidden fees. When you buy Bitcoin in South Africa with us, the price you see is always the price you pay.

Are you looking for an easy way to buy Bitcoin quickly? If so, sign up to start using Easy Crypto now.

Why do South Africans buy Bitcoin?

Why searches for ‘Buy BTC South Africa’ are booming in popularity in 2020 is simple.

Bitcoin isn’t just the world’s most popular digital currency. As well as this, Bitcoin is South Africa’s best-performing investment asset of the past decade.

If you bought $5 worth of Bitcoin in 2010, that $5 investment today would be worth over $14 million. However, people in South Africa don’t just buy Bitcoin to invest. Here some reasons why Bitcoin is going popular in South Africa:

• Bitcoin is used to send money anywhere in the world instantly, with no need for paying banks high fees to process transactions;
• Entrepreneurs are using Bitcoin in Africa, to buy goods from overseas, without asset prices being affected by the falling value of local currencies like the South African rand.
• Many South Africans use Bitcoin to protect retirement savings from falling in value as a result of inflation.

Is now a good time to buy Bitcoin?

Every four years, the amount of Bitcoin entering circulation each day is cut by 50%. Whenever a halving event like this has taken place previously, the price of Bitcoin as risen sharply over the course of the following 18-months.

In May this year, the world’s third Bitcoin halving took place. As a result, many analysts believe that now is an ideal time to invest in BTC. Are you looking to buy Bitcoin quickly, safely, and for the best price possible? If that’s the case, let’s get started with Easy Crypto today.

The post The Reasons to Buy Bitcoin (BTC) in South Africa appeared first on Easy Crypto.

If you’re looking for a quick and easy guide on how to buy cryptocurrency in South Africa, you’ve come to the right place. Purchasing cryptocurrency is a much easier task than you may think. Here, Easy Crypto makes buying Bitcoin and over 70 other cryptocurrencies cheap, easy and fast.

How to get started with cryptocurrency?

It is always recommended that you do as much research as you can on the cryptocurrencies you are buying. By doing this you ensure that you are only investing in high-quality cryptocurrencies and are avoiding scams. We’d suggest you start by taking a look at the Learn-page we’ve written and by going through CoinMarketCap too.

Before you can buy cryptocurrency you’ll need to set up a cryptocurrency wallet that is available in South Africa where you can safely store your funds. We’ve also got some great guides explaining software and hardware cryptocurrency wallets. If you are investing a large sum of money a hardware cypto wallet is the way to go! They will provide a significant increase in the security of your funds.

How to buy cryptocurrency in South Africa?

Should I buy a cryptocurrency in 2020?

Well, you’re the only one who can decide that. Over the past 11 years, the price of Bitcoin has surged over 9,000,000%, going from R0 to nearly R200,000 at today’s current price.

However, it is important to realize that just like any other investment, there is a certain level of risk involved. Bitcoin is still down roughly 50% from it’s 2017 all-time high. Although the price has not recovered as of yet, that is not to say that it will never recover. It’s up to you to decide how you think cryptocurrencies will perform as an investment over the coming years.

If history repeats itself and the price of cryptocurrencies do explode, buying the right cryptocurrencies now could be a great investment.

So, what will be your choice? Are you going to buy Bitcoin in South Africa today? Or any other cryptocurrency in South Africa?

The post An Easy Guide to Buy Cryptocurrency in South Africa appeared first on Easy Crypto.

Although cryptocurrencies are a new asset class, it is no secret that the price of many cryptocurrencies has surged over the past few years. If you’re looking for a guide on how to invest in cryptocurrency and why should you invest in cryptocurrency, you’ve come to the right place .

Why should you invest in cryptocurrency?

Great question! It has been said that not only are cryptocurrencies here to stay, but they are also going to change the world. If cryptocurrencies manage to achieve real-world adoption, only the sky is the limit.

Considering that only around 1-2% of the population owns cryptocurrency, we are still very early! Cryptocurrencies have shot up in value over the past few years due to the rapid increase in demand. In fact, Bitcoin was announced as the best performing asset of the last decade!

How to start investing in cryptocurrencies

Here at Easy Crypto, we make it easy for anyone in South Africa to buy and invest in cryptocurrency. To get started with Easy Crypto simply head over to our sign up page and get your account verified. Once your account is verified you will be able to invest in over 70 different cryptocurrencies with your South African Rand!

Easy Crypto is the best option for investing in cryptocurrencies in South Africa for several reasons:

• Easy Crypto has some of the most competitive prices in South Africa.
• We have a 100% funds safety guarantee across all orders.
• You can Have your cryptocurrencies delivered to your wallet within minutes.
• We are the only exchange in South Africa that allows customers to purchase multiple cryptocurrencies in one order.

Recently, we added a feature called ‘Swap‘ to our website. ‘Swap’ allows for users to exchange one cryptocurrency for another, instantly and at the best rates. You can also have your cryptocurrency delivered to the wallet of your choice!

If you need help signing up or completing your first cryptocurrency purchase or swap, check out help site or feel free to contact us.

Different approaches to invest in cryptocurrency

There are multiple ways that you can invest in cryptocurrencies. Two popular methods people tend to go with include long term investing and day trading. It is entirely up to you to decide which strategy will work best for you. Here is our guide on investing in cryptocurrency:

• Long term investing refers to buying cryptocurrency and ‘hodling‘ them for months/years. This reduces your risk as you do not need to worry about daily price fluctuations that occur in the cryptocurrency markets. To give you an idea of how powerful this can be, R10 invested in Bitcoin in 2010 would be worth over R1.5 million today.
• In simple terms day trading is profiting off of the volatility in cryptocurrency by buying low and selling high. Although this may sound simple, it’s important to realize that it’s generally the opposite. The cryptocurrency markets tend to be unpredictable in the short term. Most day traders lose more money than they make due to these unpredictable swings in the cryptocurrency markets.

Is there any risk when investing in cryptocurrency?

Just like any other investment, there is a certain level of risk when investing in cryptocurrency. Although there will always be a risk, you can take a few measures to try and reduce these risks as much as possible. Here some tips from us:

• Understand what you are investing in. Don’t invest in any cryptocurrencies that you haven’t done extensive research on. If you’re not sure where to start, take a look at Easy Crypto’s Learn-site articles. CoinMarketCap is also a good place to start.
• Invest an amount that you are comfortable with. By doing this it’ll make it easier for you to worry less about the short term price fluctuations that the cryptocurrency markets experience.
• There are tons of scams out there that will try and get you to send them your cryptocurrency. Never send your cryptocurrency to anyone you don’t know. Never send your cryptocurrency to anyone claiming they can trade it to help you earn more. Only buy/sell cryptocurrency through a reputable exchange or broker, such as Easy Crypto
• Store your cryptocurrency on a safe and reliable wallet. Check out our guides on software and hardware cryptocurrency wallets for added security.
• Always remember that if it seems too good to be true, it probably is.

Don’t hesitate to contact Easy Crypto if you need any further assistance in completing your first cryptocurrency investment!

The post Invest in Cryptocurrency in South Africa – Easy Crypto’s Guide appeared first on Easy Crypto.

The number of people who buy and sell Bitcoin in South Africa is increasing well, and that’s great news. Because it shows how popular is Bitcoin become here, in South Africa. But the question is “How?” — how do these people gain profit from Bitcoin transactions? How do they sell Bitcoin for cash in South Africa?

At the moment, Easy Crypto South Africa makes it easy for you to buy Bitcoin in two minutes for the best current market prices. However, when it comes to how to sell Bitcoin in South Africa, things can get a little more confusing.

Thankfully, Easy Crypto will soon allow South African users to sell Bitcoin for regular cash. There are also several reasons why doing so will be in your best interest.

In the meantime, you can use these alternatives below to cash out your crypto profits. Here are ways to sell your Bitcoin for cash in South Africa.

Sell Bitcoin for cash in South Africa with peer-to-peer exchanges

At present, many South Africans choose to sell Bitcoin for regular cash at online peer-to-peer exchanges. However, selling Bitcoin this way exposes investors and traders to a high degree of risk. Other things that need your attention too in doing so are as below:

• Fraudsters often use peer to peer exchanges to buy Bitcoin, before later reversing payments with banks and payment providers like PayPal.
• Peer-to-peer exchanges are notorious for freezing user accounts without warning. Often, this results in the confiscation of any cash or Bitcoin funds in peer to peer exchange wallets.
• It is possible to use peer to peer exchanges to arrange in-person meet-ups with potential Bitcoin buyers. However, such meet-ups can be dangerous.

Because of the high level of risk when selling Bitcoin peer-to-peer, it is rarely advisable to do so.

Thankfully, Easy Crypto will soon launch a new way to sell Bitcoin in South Africa 100% safely.

Transfer Bitcoin to cash with prepaid credit cards

Selling Bitcoin and other altcoins will be made available on Easy Crypto later in 2020. However, if you can’t wait until then, there are other ways to cash out your Bitcoin in South Africa.

While not perfect, one easy way to transfer Bitcoin to cash is to do so using prepaid credit cards made available by the likes of Neteller, Skrill, or Revolut.

In every case, it is necessary to open accounts and verify your identity with card issuers. However, once this is done, it is possible to top up the balance of cards directly from your existing Bitcoin wallet.

How to transfer Bitcoin to cash at Easy Crypto

Later this year, Easy Crypto will roll-out BTC to fiat cash exchanges. In doing so, we will make it possible to sell Bitcoin instantly for South African rand 100% safely. Here some brief explanation of how it is going to work:

• All sell orders will be confirmed quickly, with Easy Crypto depositing ZAR funds into user bank accounts within 24-hours.
• Unlike peer-to-peer exchanges, all transactions will be final. This will make it possible to sell Bitcoin 100% safely in South Africa.
• Easy Crypto is already the leading place to both buy and sell Bitcoin in Australia and New Zealand.

When will it be possible to sell Bitcoin in South Africa with Easy Crypto?

At Easy Crypto, we hope to make it possible for South Africans to sell their Bitcoin here, later in 2020. At present, we do not have a set date when this will be possible.

However, in the meantime, we do already make it easy for you to buy Bitcoin instantly in South Africa. To buy Bitcoin at Easy Crypto, you can visit our home page now and make the order today.

There’s a good reason why it is worth to wait for Easy Crypto’s selling Bitcoin feature. It is because Easy Crypto is the safest and easiest place to buy Bitcoin in South Africa. Don’t just take our word for that though, read our reviews too on Trustpilot and sign up an account on our website today. Also, feel free to check other guides from our team or reach out to our support team if you need any assistance and information

The post How to Sell Bitcoin in South Africa? — A Guide from Easy Crypto appeared first on Easy Crypto.

Cryptocurrency is a new and improved version of money that is native to the internet. Bitcoin started it all in 2008 when it was released by an unknown person/group of people by the name of ‘Satoshi Nakamoto‘. Bitcoin and other cryptocurrencies have seen a huge increase in both price and usage over the past few years, including here in South Africa. A store of value, a currency and a payment gateway are just a few of the many use cases that cryptocurrencies have.

Many people around the world believe that this is just the beginning for cryptocurrency. It has also been said that we are in the early stages of a financial revolution.

The importance of cryptocurrency

South Africa is experiencing multiple financial problems. These range from currency devaluation, high inflation rates and the fact that over 20% of the population doesn’t have access to a bank account. So, how can cryptocurrencies fix these problems?

• Most cryptocurrencies have a set supply. As demand continues to increase the price should continue to rise. Many investors are using this as a hedge against the devaluation of currencies, such as the South African Rand which has lost 60% of its value in the last decade.
• South Africa currently has an inflation rate of over 5%. While Bitcoin, the world’s largest cryptocurrency has an inflation rate of under 2%. A low inflation rate like this helps protect your money from hyperinflation.
• Cryptocurrencies are free and accessible to anyone with an internet connection. This would allow us to ‘bank the unbanked‘ and allow for over 11 million South African’s to participate in the economy on a much larger scale.

Is cryptocurrency legal in South Africa?

Great question! The simple answer is yes, just like most other countries, cryptocurrencies are 100% legal in South Africa. The South African government has accepted that it would be counterproductive to ban cryptocurrencies for multiple reasons.

• The government can tax cryptocurrencies.
• It is a new way for businesses to accept payments both online and in-store.
• Africa is expected to lead in cryptocurrency adoption so embracing the technology could actually help grow our economy as a whole.

It is also important to ensure that you are purchasing cryptocurrency from an exchange or broker is compliant with the law as this will help keep you out of any trouble. Here at Easy Crypto, we do everything we can to ensure that both our customers and ourselves stay legally compliant at all times!

How to buy cryptocurrency in South Africa

Easy Crypto makes it incredibly easy for all South African’s to purchase over 70 of the biggest cryptocurrencies! Head over to our sign up page to create an account and get verified, this will only take a few minutes.

Why Easy Crypto is your best option to buy and sell cryptocurrency in South Africa:

• Easy Crypto has some of the most competitive cryptocurrency prices in South Africa.
• We have a 100% funds safety guarantee across all orders.
• You can sign up and have cryptocurrency delivered to your wallet in a matter of minutes.
• We are the only cryptocurrency broker in South Africa that allows customers to purchase multiple cryptocurrencies in a single order.

Head over to our sign up page, get verified and complete your first order!

How many South Africans actually buy cryptocurrency?

A survey that was recently done indicated that South Africa ranks near the top for cryptocurrency ownership! The survey found that just over 10% of South African’s report owning or using cryptocurrency. There have also been reports that local exchanges have seen a rapid increase in the number of new users that are signing up.

So what does this mean? It’s a clear indication that there is a HUGE interest in cryptocurrencies in South Africa! This is a great sign as it shows that our nation is eager to adopt this new technology which will help grow the industry as a whole.

How to get started with cryptocurrencies?

Cryptocurrencies can be quite intimidating for someone who isn’t too sure as to what they’re doing. We’d recommend you start your journey off by doing some research. Coinmarketcap is a great place to start, another place we’d recommend you start is the Easy Crypto’s Learn-page. It’s also a great idea to do research on why the cryptocurrency is important and why it will change the world. The most effective way of doing this is by doing your own research, you’ll find tons of great websites, articles, and videos that will explain everything very clearly. As always, if you need any help or assistance don’t hesitate to contact Easy Crypto team

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