Exchange control rules?

[Andre54]

Hello All.

I see that with Bybit you can now EFT using ZAR from your bank account.

Bybit Blog

Are you allowed to get USDT from LUNO/VALR/AltcoinTrader and move it to a Bybit USDT address to trade?
I think the fees for doing a USDT transaction will be lower?

Regards

 

[Sensorei]

There's not usually enough liquidity on Luno for USDT to buy it at a competitive price. You're better off buying XRP with a limit order, then sending it to ByBit/Binance and selling the XRP there.