Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Crypto Finder™

Everything you need to get started with cryptocurrency

You might have heard about Bitcoin, but there’s so much more to cryptocurrency than that. Our guides make learning about cryptocurrency easy – allowing you to buy, trade and store your cryptocurrency in as much time as it takes to set up a new bank account.

Get started with our A-Z of cryptocurrencies to learn more, or head straight to our exchanges guide to purchase and trade your favourites. Plus, don’t forget to check out our wallets guide to learn how to keep your crypto safe.

Where to buy and sell cryptocurrency in South Africa

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Binance Cryptocurrency Exchange
Binance Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 20+ more

314
cryptocurrencies

Promo: New users earn up to USD 100 in bonus rewards on qualified deposits and trades. Valid till 31 December 2021. T&Cs apply.
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: As of September 2019, US-based users can only trade USD on the American dollar onramp of Binance, Binance.US.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
Wirex Cryptocurrency Exchange
Wirex Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Bank transfer (SEPA), SWIFT
EUR, GBP, CAD, CZK, HUF, PLN, RON, HRK, USD

29
cryptocurrencies

Get a Welcome Bonus of USD 15 in WXT when you sign up with Wirex through Finder. T&Cs apply.
Spend a range of cryptocurrencies anywhere Visa is accepted with the Wirex Crypto Card and earn rewards.
Bittrex Global
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD

280
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Gate.io Cryptocurrency Exchange
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

818
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
loading

Compare up to 4 providers


Crypto Finder logo Image: Getty

What do we compare?

stack of vector coins representing cryptocurrency Image: Getty

100+

cryptocurrencies

vector arrows pointing opposite directions exchanging  Image: Getty

45+

exchanges

bitcoin wallet vector Image: Getty

70+

wallets

More brands

Learn more

What exactly is cryptocurrency?

Cryptocurrencies are digital tokens that have a value, just like a R10 note is a physical token that happens to have R10 worth of value.

The difference is that digital currencies are purely electronic. Just like a photograph on the Internet can be copied and replicated over and over again until the original is worthless, the same thing could happen to a coin.

In order for a cryptocurrency to have value, a coin needs to be unique and unreplicable. The Bitcoin blockchain was the innovation which made this possible.

How to get started

1. Choose a cryptocurrency

Altcoins

A lot of people start with Bitcoin or Ethereum before exchanging other cryptocurrencies.

Our coin guides cover some of the most commonly traded cryptocurrencies on the market today.

2. Find a cryptocurrency exchange

Cryptocurrency exchange

Find an exchange to buy cryptocurrency.

You’ll usually start by exchanging fiat currency (such as ZAR) to your chosen cryptocurrency. After that, you might trade cryptocurrency to cryptocurrency.

3. Store your cryptocurrency in a wallet

Cryptocurrency wallet

While you might store your cryptocurrency on an exchange, it’s generally more secure to use your own wallet.

Not all wallets can hold all cryptocurrencies. Check to see if your cryptocurrency is supported by your wallet.

How to get cryptocurrency

Getting your hands on cryptocurrency is easy enough. Most people use an online exchange, where they trade their rands for crypto. Then there are other ways, such as Bitcoin ATMs, peer-to-peer trading or even over-the-counter (OTC) desks for larger purchases.
Bitcoin mining
Buying isn’t the only way to get Bitcoin. Here’s the 101 on Bitcoin mining.
Bitcoin mining
If you’re looking to start making high volume cryptocurrency trades, check out our Bitcoin predictions for the next few months.

Coins and tokens

There are now well over 2,000 cryptocurrencies and tokens, which is a lot to get your head around. Thankfully we’ve done the hard work and written guides on some of the most popular ones, plus a range of articles to help you understand cryptocurrency more easily.
a-z cryptocurrencies
We list our guides to over 100 cryptocurrencies you should know about. Find out more about a coin or token, including where to buy or sell it.
Coins VS Tokens
Don’t know your tokens from your coins? Find out how they differ and why this matters.
blockchain link close up
Blockchain is much more than just Bitcoin. Find out how it works.
Bitcoin guide
Introduce yourself to the cryptocurrency that started it all, Bitcoin.
Ethereum
Learn more about the Ethereum network, where to buy and sell its Ether (ETH) token and how it works.
Ripple Guide
Take a closer look at Ripple’s global payments network, how XRP works and things to consider if you’re interested in buying XRP.

Cryptocurrency wallets and storage

Even though it is digital, cryptocurrency still needs to be kept somewhere safe. This can be achieved in a few different ways. You might store it in a digital wallet, use a specialised hardware wallet, or even leave it on a reputable and secure exchange that you trust. Check out these guides to help decide which is best for you.
Back to top

Cryptocurrency news and TV

Keep on top of the latest news about markets, prices, adoption, regulation and more with our news portals which offer articles, video and email content to suit your needs.
Crypto Finder TV
Crypto Finder TV is your one-stop shop for cryptocurrency news, interviews, how-tos and more.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
Back to top

Read more on this topic

Go to site