VALR co-founder's warning for South African crypto users
VALR co-founder and CEO Farzam Ehsani has warned that South Africa’s draft Capital Flow Management Regulations contain major risks for crypto users and service providers.
National Treasury and the South African Reserve Bank published the...
Discovery Bank adds DStv, Admyt, and Luno to partners
Discovery Bank has announced a partnership with MultiChoice that will allow customers to earn up to 50% back in Discovery Miles on DStv subscriptions.
The partnership is one of several new product features and updates to the Discovery Bank...
I was scolling through Reddit and saw some users in some countries have a ccess to Crypto debit/credit cards. I tried looking at several exchanges and they don't offer it for South Africa.
Could this maybe change in the future? Can't see our government allowing it, or it will be heavily...
Hello guys,
I live in a country that doesn't have a Double Taxation Agreement with S.A. / SARS (nor am I registered for tax in said country). I started trading (not investing) crypto in Aug 2023. I've been here since April 2021 and have not returned to S.A. since. I'm not formally tax emigrated...
Does anyone know an exchange where you can buy crypto using your PayPal wallet?
I've managed to buy some BTC from Paxful Marketplace, but the markup is absolutely insane.
Some sellers want 20 - 30% mark up
I know FNB allows for PayPal withdraws, and I've been using it for years, but the 3 - 4...
Does anyone who has a keen eye on international crypto (Bitcoin) regulations know if anything has changed in the last few months with regards to South African residents holding BTC with UK companies? I'm not too savvy with this, have some BTC, but it's just sitting in a wallet, I don't trade or...
A blockchain is usually distributed across many nodes in many countries. Crypto just moves from one address to another on it, and that change is replicated on all the nodes. Crypto is never sent from one country to another.
So how can SARB claim it can be sent offshore and that is illegal? It...
Item name (be very descriptive): RTX 3080 Gaming Laptop (specs below)
Age and condition: Overall, excellent - has been my workhorse for work, but not my playhorse for games - 11 months old
Do you include packaging: Yes - original
Warranty: Yes - remainder of
Reason for selling: Need something...
Good day folks
I made deposits into my VALR account from my standard bank account.
The funds haven't reflected, despite the fact that its a standard to standard (VALR uses standard). Its been over 24 hours now. I mainly use ABSA as my main personal account and rarely use my standard one...
Which crypto exchange would you recommend? What are their fees? How secure and trustworthy are they? Do you suggest any international exchanges such as coinbase or eToro?
Item wanted (be very descriptive): Crypto mining motherboard + CPU combo
Is packaging essential?: No, but would be nice
Desired age and condition: Working
Location: Alberton
Willing to accept a shipped item: Yes
The Ts and Cs:
Ideally looking for combos (motherboard + CPU) that can run at least...
What is the common software/service everyone is using to calculate your tax on crypto for SARS? Most of them sent to either be BS, very expensive (Per trade cost) or not geared to South Africa or just plainly wrong.
Item wanted (be very descriptive): 15 x Bitmain S9 miners with PSU
Is packaging essential?: No
Desired age and condition: Just looking for good working condition
Location: Alberton
Willing to accept a shipped item: Yes
I am locked out of my account and dont have access to my 2fa, so i used the option (which is now no longer avilable) to provide by details to disable 2fa. I received an automated email with a reference. This was over a week ago. Since then i received no communication from them. I have sent 5...
Hi, I am new to crypto and have 2 questions. As Binance suspended the depositing and withdrawal of ZAR about 6 months ago, we are left with using our credit cards to buy crypto directly. This carries a standard 3% fee as well as a currency conversion fee from our bank (2% ?).
Another way is to...
Ooookay so just a quick question if anyone could assist, I submitted my IRP6 for period 1 this season and included all my crypto tax gains which I cashed out and just added them in with my normal income (I'm a freelancer), but I'm wondering if I didn't make a mistake doing so? I was wondering if...
Microsoft Windows users have got used to the monthly "Patch Tuesday" update cycle and the disclosure of fixed vulnerabilities impacting the operating system it brings with it. Because of the well-documented problems that users updating Windows 10 have suffered over the last year or two, many are...
Item name: Complete GPU Crypto Mining Farm For Sale + Extras
Age and condition: Varies - Good condition all round
Do you include packaging: Yes - full retail packaging for every single component
Warranty: Yes - remainder of warranty on all components
Reason for selling: Upgrading the mining...