The smart way to trade cryptocurrencies
Learn all about bitcoin now, be prepared for the future. Bitcoin is the first truly decentralised currency Transfer money anywhere in the world, almost instantaneously for virtually no cost Start accepting bitcoin today No account verification, identity checks or proof of residence Bitcoin South Africa Welcome to the Bitcoin ZAR website, a place for people living in South Africa who are interested in Bitcoin.
Before you start, please Join our bitcoin community for South Africa on Facebook and twitterto keep up to date with our daily bitcoin news and information. We are glad you have decided to become part of the Bitcoin revolution in South Africa and around the world.
Start accepting and making payments in Bitcoin almost immediately, and introduce customers, friends and family to Bitcoin so that you have a network of people you can transact with locally and internationally. Does your business accept bitcoin as a payment method for products or services?
So what exactly is bitcoin?
This can be done almost instantly, for virtually no cost, regardless of the amount of money. So what exactly is bitcoin? The bitcoin system is peer-to-peer, and users can transact directly with each other all over the world almost instantly, without needing an intermediary such as a bank, Western Union, Moneygram, Paypal or any other company.
The bitcoin system works without a central repository or single administrator, so is the worlds first decentralized digital currency, and it is the largest of its kind in terms of total market value. There is no company or entity controlling bitcoin.
Bitcoin as a form of payment for products and services has grown, and merchants have an incentive to accept it because fees are lower than those typically imposed by credit card processors. Unlike credit cards, any fees are paid by the purchaser, not the vendor. Learn more about what bitcoin is, here Buy bitcoin in South Africa Buy bitcoins on one of our local South African bitcoin exchanges.
Transfer funds from major South African bank accounts to the exchange, and once the funds have cleared, you can trade the ZAR for bitcoin. You can also buy bitcoins in South Africa by doing face to face trades with sellers who prefer to meet in person. Choose a bitcoin wallet Bitcoin wallets come in various forms, there are a desktop wallet that you download to your PC, a mobile wallet app that you download to your phone, a web based wallet that you can access through the web, a physical hardware wallet, or a secure paper wallet.
Educational bitcoin videos We have selected a variety of informative and interesting bitcoin videos to help you learn about bitcoin, how it works, the technology behind bitcoin, and how it can be useful. There are many bitcoin videos on the web, but we consider these to be the best out there so far.
Keep checking back for updates. Why Bitcoin is better than Bank transfers, Paypal and credit card transactions Bitcoin transactions between wallets are not linked to your bank account Anyone can use bitcoin, there is no need for account verification, identity checks or proof of residence No central authority telling you what you can and cannot do with your money Your account can never be seized or closed, you are the only one with control Privacy is enhanced with Bitcoin and it reduces identity theft.
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Bitcoin transfers are available within minutes, not like typical banking where it can take days Available in any country, there are no international boundaries: With a focus on traders of cryptocurrency, all the improvements have been based on the suggestions by the loyal […] francois bitcoin exchange When you first register on a bitcoin exchange, one of the first things you need to do is to verify your account.
Many users are apprehensive about providing their identification documents and bank account details to an exchange and do not understand why this information is necessary. Limitations for new accounts Most cryptocurrency exchanges require […] francois bitcoin HardwareSouth Africa Satoshi Labs have unveiled the TREZOR Model T hardware wallet, which is a next-generation hardware wallet, and the latest and most advanced of their products to date.
It has all the signs.