Binance Launches New Fiat On-Ramp for the South African Rand (ZAR)

Fellow Binancians,

Binance has opened a new fiat on-ramp for the South African Rand (ZAR). Users are now able to deposit Rands (ZAR) via bank transfer (EFT), providing a new and competitive fiat gateway for South Africa.

After depositing funds to Binance, users will be able to buy and sell crypto with five Rand (ZAR) trading pairs: BTC/ZAR, BNB/ZAR, ETH/ZAR, USDT/ZAR, and BUSD/ZAR.

This service will be rolled out in two phases*:

Phase 1: Deposits and Trade - With immediate effect, Binance users are now able to deposit Rands (ZAR) into their Binance wallet and trade in the five trading pairs above.
Phase 2: Withdrawals - From 9 April @6am (UTC+2), Rand (ZAR) fiat withdrawals will be enabled for all Binance users.

*KYC (level 2) account verification and fiat deposit/withdrawal limits apply.

Please read the Terms and Conditions

Thanks for your support!

Binance Team

2020/04/02

Trade on the go with Binance’s mobile crypto trading app:

Download for Android

Download for iOS

Find us on

Telegram: https://t.me/binanceexchange

Twitter: https://twitter.com/binance

Facebook: https://www.facebook.com/binance