These are the five major cryptocurrency exchanges that have offices in South Africa.
While the cryptocurrency market has plunged in the past year, the same can be said for the broader financial market.
Binance offers an extensive suite of cryptocurrency-related features, including general trading, derivatives, futures, financing, and NFTs — catering to the needs of newcomers and seasoned cryptonians alike.Among its useful features for local crypto enthusiasts is making direct manual bank deposits using rand.
It has roughly 10 million customers in over 40 markets across Africa, North America, Europe, and Asia and offers eight crypto coins and 51 trading pairs. One of Ovex’s primary products is an interest-bearing account that offers customers up to 8.5% annual interest on certain cryptocurrencies. It also offers a USD Savings Vault that allows users to deposit USD stablecoins and earn interest on an annualised rate of 9.25%.These themes include artificial intelligence , esports and gaming, biotech, cybersecurity, electric vehicles, and robotics and automation.
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