Binance now live in SA

Doesnt FNB block crypto transfers? They very much against all things crypto. Wouldnt surprise me if they block Binance too.
No. I withdraw about 1 million to FNB accounts from crypto exchanges daily
 
Doesnt FNB block crypto transfers? They very much against all things crypto. Wouldnt surprise me if they block Binance too.
FNB cut ties with all exchanges you BUT they all use standard bank and you can withdraw from there no issue. Actually opened a std bank acc for all crypto related transactions as I dont like waiting for fnb desposits
 
Doesnt FNB block crypto transfers? They very much against all things crypto. Wouldnt surprise me if they block Binance too.

They blocked crypto companies from holding FNB accounts for various reasons.

They aren’t actually against crypto if you consider their mothership is a venture capitalist partner for Luno with an almost 10% stake.

The only difference to the consumer is that they pay into a non-FNB account now with very minimal delay in withdrawal.
 
They blocked crypto companies from holding FNB accounts for various reasons.

They aren’t actually against crypto if you consider their mothership is a venture capitalist partner for Luno with an almost 10% stake.

The only difference to the consumer is that they pay into a non-FNB account now with very minimal delay in withdrawal.
or just select fast withdrawal at R60 typically if you cant wait (luno/valr - not binance)
 
No. I withdraw about 1 million to FNB accounts from crypto exchanges daily


You withdraw one bar each day? How many millions do you have on there?

Also, if you dont mind, why are you withdrawing so much now, when price will be mich higher after the halfing? Or as SauRonZa said, why cash out to 'bullshit' money?
 
You withdraw one bar each day? How many millions do you have on there?

Also, if you dont mind, why are you withdrawing so much now, when price will be mich higher after the halfing? Or as SauRonZa said, why cash out to 'bullshit' money?

I would imagine he’s speaking for customers/clients and not in his strictly personal capacity.
 
Yeah no !

I checked out the website he gets fat commission for every sale from people that used his referral link to sign up.His post was at NO point to review the website but to punt the referral exclusively, his post was sneakily done to hide that fact. The odds of posting a "review" of the website without the referral would have been next to none.

In fact he is still punting to send the referral link via PM message, which means he still has a reason to post a "review".
Rewards for doing absolutely nothing, yeah no.!

He didn’t do ‘absolutely nothing’. I now know about the site and the fact that I can use a CC to buy because of him. That’s of value to me. I’ll reach out for his referral link. Better him get something for the info than no one getting anything. Yes, referral links can be irritating. But give credit where credit it due.
 
Rand withdrawals and deposits are suspended again... really worrying inconsistency.
 
Rand withdrawals and deposits are suspended again... really worrying inconsistency.
not that surprising, been in the payments domain on-and-off myself for over a decade now and I can tell you without a doubt it is literally impossible to have robust, reliable partners in place at the pace Binance has launched local currency pairs

doesn't matter how much money & resources you throw at the problem, these things require solid partners, building relationships with solid partners takes time, there is no substitute for it

I'm sure they'll get it right eventually, but if that is the only exchange you rely on for getting ZAR into/out of the crypto world you need a backup plan for the next couple of months to a year at least
 
More than enough other options whilst we wait for them to get back up and running again
 
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