Local crypto-currency exchanges believe regulation of the sector by the central bank will bring legitimacy to the industry.
Local crypto-currency exchanges witness increased transactions after Bitcoin’s price took a dive, with panic sellers and bargain hunters driving activity.
The crypto-currency platform offers a credit line to ensure clients can accomplish immediate trade execution.
The crypto-currency exchange offers a buy-sell trading tool that doesn't take a cent in fees and completely replaces the open order book.
OVEX offers a clean credit line of over R100 million to large volume clients wanting to trade crypto assets against ZAR.
OVEX’s interest accounts allow users to generate yield even on their idle crypto-currencies.
OVEX has put together a short guide, which breaks down the six key things to consider before investing in crypto-currency.
The company is closing its crypto arbitrage product in order to devote its attention to international expansion and its flagship crypto trading product.
The local crypto-currency exchanges anticipate the introduction of a clear South African digital currency regulatory regime by the end of 2022.
USDC is one of the world’s fastest-growing, regulated dollar-digital stablecoins – issued by Circle.
As part of the agreement, Paxful’s customers will be able to utilise Ovex’s ‘Direct Transfer to Bank’ tool, which allows them to instantly convert their Bitcoin into fiat.
By buying USD-backed stablecoins, an investor can earn steady gains through decentralised finance services while still hedging against the falling rand, says Ovex.