Buy Bitcoin

So you want to Buy Bitcoin but you’re not sure how? To jump straight to buying Bitcoin with EFT, click here, or you can compare fees and options, start by choosing your preferred exchange types or payment methods. Are you ready to invest and join the cryptocurrency revolution? To be clear this is not investment advice or an endorsement on any cryptocurrencies. We simply make it easy to compare options and make the best choice so that all South Africans are able to get their hands on some crypto.

 

You can Buy Bitcoin in South Africa using a variety of methods and payment options. The easiest way is to use a Bitcoin Exchange, which can be used to trade Bitcoins fast and securely with South African Rands (ZAR). Purchase Bitcoin at current market rates instantly with any of the following major South African banks- Standard Bank, ABSA, FNB, Capitec, Nedbank and many more payment methods available. You can pay with Cash Deposit, EFT, or Cash using Rands.

 

Ways to Buy Bitcoin

There are three main ways you can Buy Bitcoin, from a bitcoin exchange, directly from another person who owns Bitcoin or you could also make the purchase using cash at an ATM or “BTM” (Bitcoin Teller Machine). Simply choose your preferred method to begin the exchange.

Buy Bitcoin using an exchange

Use one or our recommended Bitcoin Exchanges to Buy and Sell Bitcoin using South African rands quickly and securely.

Discover Exchanges

Buy Bitcoin directly from a peer

Peer to peer exchanges connect you with people in your community to Buy Bitcoin and other cryptocurrencies

Discover Peers

Buy Bitcoin using an ATM or Kiosk

Find ATM’s and digital kiosks in your area to buy Bitcoin and other cryptocurrencies using cash.

Discover ATM’s

Choose Your Payment Method:

To compare Bitcoin exchanges & fees start by choosing your preferred payment method below, this will take you to a list of all exchanges which offer this payment method. We try to keep this list updated regularly, you will see the last edited date below the information for that given Bitcoin Exchange.

 EFT/Bank Deposit

Cash/Bank Notes

VISA / Mastercard

 Bitcoin ZAR EFT Cash for Bitcoin Exchange VISA Mastercard
   Buy Now   Buy Now   Buy Now

 


 Paypal

Neteller

Gift Card/Other

 Paypal NetellerBTC Exchange Gift Card
   Buy Now

 

   Buy Now

 

   Buy Now


Bitcoin Exchanges

Here is our select list of the best Bitcoin exchanges to Buy Bitcoin in South Africa using Rands. Bitcoin exchange comparisons, fees, and reviews. We list all the associated fees, deposit/withdrawal methods and provide a guide to making a purchase. If you would like to learn more about Bitcoin, what it is, how to open a wallet and how to store your Bitcoin securely please visit our FAQ.

 

Recommended Bitcoin Exchange

ice3x

Website     Step-by-step-guide

Ice³X (Pronounced: “Ice Cubed”) is a proudly South African Bitcoin & Cryptocurrency CIPC registered as Internet Currency Evolution Cubed (Pty) LTD. They started as primarily a Bitcoin exchange and now support multiple cryptocurrencies with new trading pairs being added recently.

Cryptocurrencies

 

  Bitcoin ($BTC), Dash($DASH), Dogecoin($DOGE), Litecoin($LTC), Ripple($XRP), Ethereum($ETH) & BCash($BCH)

 

FIAT Currencies

 

  South African Rand ($ZAR) , Nigerian Naira ($NGN)

 

Deposit Methods

 

  Electronic Funds Transfer: First National Bank & Standard Bank

 

Trading Fees

 

  Tailored to each crypto, maker-taker fee schedule.

 

Deposit/Withdrawal Fees

 

  No deposit fees, 0.5% withdrawal fees.

 

*Last updated 10/04/2018

   Vist This Exchange


Luno Logo

Website

Luno, formerly BitX is the most trusted and reliable Bitcoin exchange with the largest transaction volume in South Africa. They launched in 2014 and were primarily a South African exchange they rebranded to Luno in 2017 with global exchange offerings. Luno has offices in South Africa, London, and Singapore.

Supported Countries: South Africa, Indonesia, Malaysia, Nigeria

European countries supported: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Greece, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom

Cryptocurrencies

 

  Bitcoin ($BTC), Ethereum($ETH)

 

FIAT Currencies

 

  South African Rand ($ZAR), Indonesia ($IDR), Malaysia ($MYR), Nigerian Naira ($NGN), Europe ($EUR)

 

Deposit Methods

 

  EFT, SEPA, Bank Transfer, Interbank GIRO / IBFT

 

Trading Fees

 

  Luno has a different fee schedule according to the base  FIAT currency being traded and the type of trade (instant, exchange), for trading fee schedule, click here.

 

Deposit/Withdrawal Fees

 

Luno has a different fee schedule for different FIAT currencies, for deposit fee schedule, click here.
*Last updated 10/04/2018

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AltCoinTrader

Altcoin trader is a relatively newer exchange to the market and the first South African based exchange to offer Bitcoin as well as a broad range of Cryptocurrencies from the outset.

Cryptocurrencies

 

  Bitcoin ($BTC), Bitcoin Gold($BTG), Bitcoin Private($BTCP), NameCoin($NMC), Dash($DASH), ZCash ($ZEC), Litecoin($LTC), Ripple($XRP), Ethereum($ETH) & BCash($BCH)

 

FIAT Currencies

 

  South African Rand ($ZAR)

 

Deposit Methods

 

              Electronic Funds Transfer (FNB / ABSA and Standard Bank)

 

Trading Fees

 

  0.8% Maker & Taker fee

 

Deposit/Withdrawal Fees

 

0.5% deposit & withdrawal fee (250ZAR fee maximum)

 

*Last updated 10/04/2018

  Visit This Exchange

 


Buy Bitcoins with Credit/Debit Card

It is not normally advisable to use a Credit Card or Paypal to exchange for cryptocurrencies as the transactions using these methods are easily reversible. You must remember that cryptocurrency transactions are irreversible, so make sure to use a reputable exchanger when using these methods. However, there are some exchanges you can trust as they are one of the longest standing Bitcoin exchanges that do allow VISA/MasterCard payments.


VISA Mastercard Exchange

Website

CEX.io offers the ability to fund your account in USD using a VISA or MasterCard, there are some exchange fees and they charge 2.95% card processing fee.

 

Cryptocurrencies

 

  Bitcoin ($BTC), Ripple($XRP), Ethereum($ETH) & BCash($BCH)

 

FIAT Currencies

 

  United States Dollar ($USD) , Euro ($EUR), Russian Rubles ($RUB), Great British Pounds(GBP)

 

Deposit Methods

 

    Credit Card(VISA, Mastercard) Wire Transfer, SEPA, Crypto Capital

 

Trading Fees

 

  Tailored to each crypto, maker-taker fee schedule.

 

Deposit/Withdrawal Fees

 

  Varying fees according to the payment method used, click here for a detailed fee schedule.

 


Virwox

In order to get Bitcoins using your Credit card, you will need to first purchase Linden Dollars from Virwox (The in-game currency from Secondlife). These can then easily be converted to Bitcoin which you can send to your own Bitcoin Wallet. Buy Bitcoin with your credit card in South Africa safely and securely with Virwox.

buy Bitcoin with Credit Card

 


Peer-to-Peer Bitcoin Exchanges

 

Using peer-to-peer exchanges you can get Bitcoins directly from Individuals using Cash/EFT or Cash Deposit using a peer-to-peer platform in South Africa?

 

Peer to peer style bitcoin trading provides and an easy and secure* way for people to buy and sell Bitcoin directly with one another using the platforms escrow system. Unless you know the person from whom you are buying, you should always use a trusted third party or escrow service to ensure that the transaction goes smoothly. P2p exchanges offer the benefit of having a huge amount of possible currencies and payment methods Peer to peer exchanges generally offer global services with most countries being supported.

 

*Trading Bitcoin directly with your peers can carry more risk so we suggest you do your research on the payment methods and make sure your trading partner has sufficient feedback and a reputable history on the exchange. Trading with payment gateways like Paypal carry considerably more risk as the payment could be reversed by the sender, Bitcoin transactions are irreversible.


Buy Bitcoins easily in South AfricaWebsite

LocalBitcoins was founded in Helsinki, Finland in 2012. They are one of the most reputable peer-to-peer Bitcoin and cryptocurrency exchanges globally. With P2P trading it is possible to create trades for an almost unlimited variety of trading pairs and payment methods.

 

Cryptocurrencies

 

  Trades are mainly for Bitcoin but trades could be created for virtually any cryptocurrency.

 

FIAT Currencies

 

  Most global currencies are supported.

 

Deposit Methods

 

  Electronic Funds Transfer, Cash-in-person, Credit Cards, Paypal, Neteller, Skrill, Gift Cards and many more payment methods are possible.

 

Trading Fees

 

  Registering and trading on existing ads is FREE, 1% fee for the trader that created the advertisement (Buying & selling).

 

Deposit/Withdrawal Fees

  Estimated Bitcoin network transaction fees are charged and can vary. Other fees may be incurred according to the payment method used.
*Last updated 10/04/2018

   Visit This Exchange


Coindirect

Website

CoinDirect allows you to exchange 42 cryptocurrencies directly with peers on the exchange, they offer South African Rands (ZAR) as well as a number of global currencies.

Cryptocurrencies

 

ARK, Bitcoin, Bitcoin Cash, Cardano, Civic Coin, Dash, Digibyte, Dogecoin, EOS, Ethereum, Ethereum Classic, Golem, IOTA, Lisk, Litecoin, Lumen, Monero, NEM, NEO, Nxt, OmiseGo, Qtum, Reddcoin, Ripple, SALT, Siacoin, Steem, Stratis, Tether, TRON, VeChain, Walton, Zcash 

 

FIAT Currencies

 

ZAR

 

Deposit Methods

 

      Bitcoin, ZAR, Credit Card (Coming Soon)

 

Crypto to Crypto Fees

 

0.25%

 

FIAT to Cryptocurrency Fees

 

0.75%

 

*Last updated 25/05/2018

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Peer to Peer Bitcoin Exchange

Website

Cryptocurrencies

 

Trades are mainly for Bitcoin but trades could be created for virtually any cryptocurrency.

 

FIAT Currencies

 

  Most global currencies are supported.

 

Deposit Methods

 

  Electronic Funds Transfer, Cash-in-person, Credit Cards, Paypal, Neteller, Skrill, Gift Cards and many more payment methods are possible.

 

Trading Fees

 

Tailored to each crypto, maker-taker fee schedule.

 

Deposit/Withdrawal Fees

 

Estimated Bitcoin network transaction fees are charged and can vary. Other fees may be incurred according to the payment method used.

 

*Last updated 10/04/2018

   Visit This Exchange

 


P2P Crypto Exchange

Website

 

Cryptocurrencies Mainly Bitcoin but trades could be created for others.
FIAT Currencies  Most global currencies are supported.
Deposit Methods  Electronic Funds Transfer, Cash-in-person, Credit Cards, Paypal, Neteller, Skrill, Gift Cards and many more payment methods are possible.
Trading Fees  Only the seller pays a fee of 1%
Deposit/Withdrawal Fees  No deposit fees, 0.5% withdrawal fees.
*Last updated 10/04/2018

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