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Litecoin Exchange South Africa

How Not To Make Money With Bitcoin As A South African - Imod

How Not To Make Money With Bitcoin As A South African - Imod

HOW NOT TO MAKE MONEY WITH BITCOIN AS A SOUTH AFRICAN Let me warn you, this is going to be a bit of a rant and if youre not in the mood for one rather scroll down a little to where I want to offer some tips. Whilst the rest of the world made an absolute killing on Bitcoin yesterday thanks to China , most of us South Africans sat and watched with envy. See, China went ahead and does what China often does .. moaned about something Internet related. This time it was about Bitcoin and guess what happened? The price of Bitcoin plunged from $1200 odd down to around $560 over night. Of course, the price drop was caused through the fear of the general public, but those who do a bit of trading on any form of stock market will know that this is often a really good time to quickly snap up stock and thats exactly what we should have been doing. Ive learnt a fair bit about trading and one thing I try to do is predict what the general uninformed public will do and try to trade in and around them to my benefit. Anyway, China isnt the be all and end all, what they say isnt the last word and with the US releasing various statements about Bitcoin being a major player for eCommerce (amongst plenty of other things) is was blindingly obvious that the price would rise again as the dust settled. So, based on the reading Ive done and my understanding of Bitcoin and various market places I figured the price would move up from $560 to around half way between $560 and $1200 fairly quickly. When a stock is so volatile and large corporations are publishing all sorts of speculative information, the price is going to rise and fall a few times in the case of Bitcoin, because its unregulated, theres more chance of this rather than a stock which could do a huge drop and not recover so quickly. Being fa Continue reading >>

Buy Bitcoin, Litecoin & Ethereum | Revolut

Buy Bitcoin, Litecoin & Ethereum | Revolut

Compare historical price changes and see how your cryptocurrency performs over time. Create a price alert for your cryptocurrencies. Simply tell us your target value and well send you a push notification as soon as your crypto goes above that value. Our contactless Revolut card is the perfect travel companion. We automatically convert your balance into the local currency, allowing you to spend fee-free with the real exchange rate in over fiat 130 currencies. You must be satisfied that this crypto offering is suitable for you in light of your financial circumstances and attitude towards risk before starting. The price or value of cryptocurrencies can rapidly increase or decrease at any time (and may even fall to zero). The risk of loss in holding cryptocurrencies can be substantial. Funds received by us in relation to cryptocurrency transactions will not be safeguarded (under the UK Electronic Money Regulations 2011) or covered by the Financial Services Compensation Scheme. We do not make any representation regarding the advisability of transacting in cryptocurrency. We cannot guarantee the timeliness, accurateness, or completeness of any data or information used in connection with you holding any exposure to cryptocurrencies. Continue reading >>

Ice3x Bitcoin, Litecoin, Ethereum Exchange - South Africa - Ice3x.co.za

Ice3x Bitcoin, Litecoin, Ethereum Exchange - South Africa - Ice3x.co.za

Morgan Spurlock Living on Bitcoin (CNN Special) - TREZOR Firmware 1.3.1: Smart Property, Notary Service and Customized Home Screen. - SatoshiLabs released a new TREZOR firmware update yesterday. It brings several securityoptimizations andupdates that make TREZOR readyfor Smart Property such as Colored Coins orDocument Timestamping, the blockchain based notary service. Customization of thehome screenis built in the firmware too andwaiting forsubmissions from our community. Bitcoin RansomWare Circulating in South Africa - WARNING,BE AWARE! We have seenan increase in enquiries from South African users regarding Bitcoin and the recent spate of infections by sophisticated ransomware that make use of Bitcoin as payment rails. It seems the attackers are now targeting emerging markets, 1300 systems in Vietnam were infected in a few days with the so called bitcoin [] Trezor Firmware update - SatoshiLabs has releaseda new TrezorFirmware update. When visiting myTrezor.com, users will be offeredto update their firmware. This update brings several enhancements to the security and usability of the walletandmakes TREZOR ready for multisig. TREZOR Multisig Multisig or multisignature transactions areespecially useful for managing shared funds orusing escrow services and is one of the freat new [] Bitcoin Mining and the Price Drop - Bitcoin is down to price levels not seen since Q4 of 2013. This is following todays 16% price decline.The price, as of this article, stands at well below US$ 200 per bitcoin. The price of bitcoin can turn on a dime and often seems completely detached from any objective standards or measurements. The decline comes [] iceCUBED X to provide Nigeria bitcoin market for VoguePay customers - Nigeria bitcoin users will be happy to learn that we are pleased to announ Continue reading >>

Bitcoin Exchanges In South Africa

Bitcoin Exchanges In South Africa

The two most established bitcoin exchanges in South Africa have been around since 2013, namely ICEX (AKA Ice Cubed) and Luno . If you want to buy bitcoin, using an EFT bank transfer to a bitcoin exchange is one of the safest ways to do so. Rand (ZAR) transfers generally show up on the corresponding exchange within a few hours, and you can begin to trade as soon as it is reflecting in your account. ICEXis a secure exchange platform where you can buy and sell Bitcoin, Ethereum, Bitcoin Cash, and Litecoin in South African Rand as well as trade Ethereum for Bitcoin. ICEX is registered as Internet Currency Evolution Cubed (Pty) LTD is a South African owned and operated company. We provide digital currency solutions for real world problems and offer a unique approach to cryptocurrency use in enterprise. We want to solve really old problems with radically different solutions. TheICEX platform is based on cutting-edge industry technology, and uses the same architecture as other leading, high-volume transaction systems. The platform was developed with performance and stability in mind, and combined with a robust infrastructure and distributed system design, provides you with capacity and reliability. The exchange is capable of processing several hundred trades in a fraction of a second. Bitcoin and Litecoin withdrawals from accounts are processed manually in batch runs at least 3 times per day as they run a 100% cold storage policy. All coins are stored offline, in special vaults, away from online security threats. Trading fees: 0.25 to 1% trading fees Dynamic based on 30 day trading volume Know Your Customer: FICA, Proof of ID / residence Security: 2 Factor Authentication (Google Authenticator), Secure digital certificate Click here for a step-by-step tutorial for Ice Cubed Ex Continue reading >>

Litecoin Trading - How To Buy Litecoin? (tips) Avatrade

Litecoin Trading - How To Buy Litecoin? (tips) Avatrade

An open source internet currency that allows for instant, near zero cost peer-to-peer payments across the world. The Litecoin blockchain is capable of handling higher transaction volumes unlike its forefather the Bitcoin. This would be fairly due to its a more frequent block generation where the network supports more transaction without a need to modify any future software. As a result, merchants gain faster payment confirmations. Electronic mining of Litecoins currently allocates miners 50 new Litecoins per block, of which this amount is halved every 4 years or approximately every 840,000 blocks. The network for the Litecoin is set to produce 84 million Litecoins which sums up to 4 times the amount of bitcoin units. The distribution of Litecoins is done by wallet encryption, that secures the safety of the coins as well as allows you to view your transactions. Why CFDs make sense for Trading Litecoin: As CFDs allow you to speculate on the price of Litecoin future market movements, without physically owning the coin. Traders whether buying or selling are able to agree to pay on the difference on the price even if it rises or falls. In addition, they can to tap into the benefits and risks without actually owning the coin and benefit from: Security You dont have to worry about your Litecoins being stolen. CFDs are a derivative product . Your potential profits are based on the movement of the Litecoin price but no Litecoins are bought or sold in your name. Simplicity Buying cryptocurrencies directly can be complicated. With AvaTrade CFD trading its as easy as selecting Litecoin from a menu and clicking to sell or buy. Its so simple you can do it on your mobile or tablet too. Get leverage of up to 10:1 As a financial derivative you can trade CFDs on leverage , meaning you c Continue reading >>

Ice3x Exchange Launches Ethereum And Litecoin Trading In Nigeria

Ice3x Exchange Launches Ethereum And Litecoin Trading In Nigeria

ICE3X Exchange Launches Ethereum and Litecoin Trading in Nigeria South African cryptocurrency exchange ICE3X has launched ether and litecoin trading on its platform for the Nigerian market. The new cryptocurrency trading options are in line with the ICE3Xs strategy to offer an innovative solution for the African bitcoin exchange ecosystem. For Nigerian traders, this means they can now buy bitcoin, litecoin, and ether using Naira on the exchange. Introducing new digital currencies to the exchange Ether is a decentralised cryptocurrency that powers the Ethereum smart contract platform. Gareth Grobler, the founder of ICE3X is confident about the relevance of ether currency to traders, he says, The two-year old system has picked up backing from both tech geeks and big corporate names like JPMorgan Chase and Microsoft, which are excited about Ethereums goal of providing not only a digital currency but also a new type of global computing network, which generally requires Ether to use. Likewise, litecoin has seen steady adoption among developers, merchants and traders. The altcoin, which is bitcoins closest competitor can be generated by GPUs and has faster transactions. ICE3X has retained its core vision which is providing digital currency solutions to global challenges and developing new ways to transact online. The exchange keeps on improving its platform through innovative applications that promote fair trading practices for those exchanging cryptocurrencies. In addition, traders can enjoy some of the lowest fees in the market as well as free deposits. Once a trader has signed up on ICE3X for an account, he or she can make fiat currency deposits usingbank transfers. Deposits and withdrawals are processed within a day. Also, the platform has sophisticated security systems Continue reading >>

South African Bitcoin Exchange Icex Goes Live With Ethereum (eth) Trading

South African Bitcoin Exchange Icex Goes Live With Ethereum (eth) Trading

South African bitcoin exchange ICEX goes live with Ethereum (ETH) trading The company added Ethereum (ETH) to the exchange due to many user requests so that they can buy Ethereum directly using Rand. South African cryptocurrency exchange ICEX, fresh off a complete platform redesign finished in early June has announced today they have enabled the ZAR/ETH Ethereum market for live trading. As noted, last month the company rolled out a major platform update to the exchange. The entire trading engine, API, and trading interface were enhanced, and it is now much faster than before and can handle increased capacity. Furtherupdates include charts on every trading page and better tracking of all trade history. Also, trading fees are now dynamic based on user trading volume over a 30 day period, so the more a user trades, the cheaper their fees will be. Lastly, ICEX informed today their affiliate program with instant commission payment is ready for launch. The company will be going live with full functionality on the program for all accounts starting from next week. Founded in 2013, iceCUBED X is a full order book bitcoin and litecoin exchange operating in South African Rand and Nigerian Naira. Continue reading >>

Introducing Ice3x.co.za | South Africas Bitcoin & Litecoin Exchange

Introducing Ice3x.co.za | South Africas Bitcoin & Litecoin Exchange

Introducing Ice3x.co.za | South Africas Bitcoin & Litecoin Exchange South Africas Internet Currency Evolution Cubed (Pty) LTD has set up a bitcoin exchange in the country to help everyone buy, sell or use the bitcoin, a peer to peer digital currency for online transactions. Founded by Danie Fourie,Gareth Grobler,Michael Parsons FCA andTristan Winters ICE3X , is part of theInternet Currency Evolution Cubed and aims to be a secure crypto-currency exchange platform where one can buy and sell Bitcoin in South African Rand. On their site, ICE3X say they recognise the high entry cost for South Africans to the bitcoin mining ecosystem, due to ASIC miners, and have decided to include Litecoin into their trading platform in a move to allow South Africans use the more readily available graphics cards to mine Litecoin, which can be traded into Bitcoin and therefore indirectly contribute to the Bitcoin ecosystem. The Bitcoin ecosysten is open-source peer-to-peer technology operates with no central authority or banks; managing transactions and the issuing of bitcoin is carried out collectively by the network allowing everyone to take part. The site works simply. You set up an account with ICE3X , at www.ICE3X.co.za and sign-up and wait for an email confirmation. You can then deposit your bitcoins, litecoins or Rands after an administrator has activated your trading facilities. To make a withdrawal from onesICE3X account one will have to go to their accounts, click on the withdraw tab underneath and indicate whether they want to withdraw Bitcoin or Litecoin or Rands. Rands are withdrawn using bank transfer. Interested Bitcoin buyers simply log in to their account and click on the Trading Tab and then click on the buy tab underneath while sellers just log into their accounts then cli Continue reading >>

I Tested South Africas First Ethereum Exchange

I Tested South Africas First Ethereum Exchange

I tested South Africas first Ethereum exchange ICE3X recently launched South Africas first exchange for Ethereum, allowing traders to buy and sell the cryptocurrency with rand. The launch of the ETH/ZAR trading pair on ICE3X follows the relaunch of the exchange. While there are several Bitcoin and alternative token exchanges which offer services in South Africa, Luno and ICE3X are considered the most reputable. It should be noted that trading volumes on Luno dwarf those on ICE3X. However, ICE3X is essentially the only game in town if you want to buy Ethereum with rand. ICE3X makes it clear in its terms and conditions that it is not a registered financial services provider. Nothing in this website is intended to be or should be taken as financial, legal, or taxation advice. Users should seek their own financial, legal, tax, and accounting advice as to the likely outcomes for them of trading Tokens, it states. Although not a registered FSP, ICE3X is a registered company in South Africa. The CIPC database lists Internet Currency Evolution Cubed (Pty) Ltd. as having a single director, and compliant. In the week that ICE3X launched Ethereum support, the ETH/USD prices had a rough week. I transferred some Ethereum to my wallet on ICE3X, and sold them to someone offering R5,500/ETH. I didnt want to risk a lot of money on an exchange I hadnt tested before, but went for it, andended up with over R3,000 in my rand wallet. ICE3X lets you deposit rand from your South African bank account via EFT, which you may then use to buy Bitcoin, Litecoin, or Ether. You may also sell the tokens for rand, which you can withdraw to your local bank account. ICE3X allows deposits to a Standard Bank or FNB account, and I tested it by withdrawing to an ABSA bank account. In the end, ICE3X worked as Continue reading >>

Ice3x Bitcoin Exchange South Africa

Ice3x Bitcoin Exchange South Africa

Create your free iceCUBED account on the bitcoin exchange & start trading bitcoin today! Bitcoin is Internet Currency. As a currency, bitcoin does not suffer from the limitations of physical "FIAT" currency, and has greater flexibility and security, with the transaction cost far lower than similar solutions. Bitcoin is totally secure and the network has never been breached. The Bitcoin network was created in 2008 by Satoshi Nakamoto. The idea is that merchants can accept bitcoin with minimal investment in resources and benefit from exposure to new markets as well as a reduction in the transaction charges they pay with traditional payment methods. Litecoin is similar to Bitcoin, but also the closest direct competitor. The main difference being the fact that Litecoin mining is currently resistant to ASIC hardware which means it can be generated with GPU's. Litecoins are sent and received faster than bitcoins. Litecoin was originally conceived and developed by Charlie Lee in 2011. Since its launch in 2011 Litecoin has seen steady adoption with an active community of traders, merchants, and developers. Ethereum is a decentralised platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. "Ether" is the tradable Token that fuels the Ethereum network. Commonly associated with Bitcoin, "blockchain technology" has many other applications that go way beyond digital currencies. Ethereum is one such technology which has reached a level of maturity. The easiest and safest way to buy bitcoin in South Africa is through a registered bitcoin exchange . There are many risks when buying or selling bitcoin privately, which is why trusted exchanges are very popular. iceCUBED X have bee Continue reading >>

Litecoin To South African Rand Today's Rate Ltc1 = R1663.9 Ltc/zar - Mataf

Litecoin To South African Rand Today's Rate Ltc1 = R1663.9 Ltc/zar - Mataf

1 Litecoin in South African rand = 1 650.21 2 Litecoin in South African rand = 3 300.42 3 Litecoin in South African rand = 4 950.63 4 Litecoin in South African rand = 6 600.84 5 Litecoin in South African rand = 8 251.06 6 Litecoin in South African rand = 9 901.27 7 Litecoin in South African rand = 11 551.48 8 Litecoin in South African rand = 13 201.69 9 Litecoin in South African rand = 14 851.90 10 Litecoin in South African rand = 16 502.11 15 Litecoin in South African rand = 24 753.17 20 Litecoin in South African rand = 33 004.22 25 Litecoin in South African rand = 41 255.28 30 Litecoin in South African rand = 49 506.33 40 Litecoin in South African rand = 66 008.44 50 Litecoin in South African rand = 82 510.56 60 Litecoin in South African rand = 99 012.67 70 Litecoin in South African rand = 115 514.78 80 Litecoin in South African rand = 132 016.89 90 Litecoin in South African rand = 148 519.00 100 Litecoin in South African rand = 165 021.11 150 Litecoin in South African rand = 247 531.67 200 Litecoin in South African rand = 330 042.22 500 Litecoin in South African rand = 825 105.55 1 000 Litecoin in South African rand = 1 650 211.10 Continue reading >>

Litecoin Vs Bitcoin Litecoin Will Be Worth More Than Bitcoin

Litecoin Vs Bitcoin Litecoin Will Be Worth More Than Bitcoin

Litecoin will be worth more than Bitcoin according to founder of Litecoin Charlie Lee. Litecoin vs Bitcoin will result in Litecoin cashing in by year end. Market cap for Bitcoin cash is $19 billion and Litecoin is $11 billion. Litecoin vs Bitcoin on the list saw Bitcoin cash at 4th ranking and Litecoin at 5th according to market cap. Litecoin vs Bitcoin total drop percentage is vastly different. Litecoins value has moved 3% down from $12.7 billion on Wednesday to under $12.4 billion whereas Bitcoin over same time span dropped 15% from $191.9 billion to $163.2 billion. Litecoin might have succumbed to the recent dip seeing its value drop below $200 mark to $185 by Friday last week. Market cap of Litecoin vs Bitcoin has gone from $179.2 billion to $150.8 billion ( almost $30bn). Litecoins value recovered during Sunday, going from open of market $209 to $223 at close. On Wednesday the price of Litecoin vs Bitcoin was equivalent to 0.0204 BTC. It had since increased to 0.0234 BTC making LTC value under $223. Lee who was a former Google software engineer, designed the Litecoin Platform with aim to release coins enough times to prevent them being an expensive scarcity. Litecoin is the same as Bitcoin with its proof-of-work cryptocurrency and aims to complete blocks in 2.5 minuted instead of 10 minutes, which will shorten the transaction confirmation time. At the moment there are 16.88 Bitcoins in circulation and estimated 20% of Bitcoins are still available for mining. Litecoin has a total supply of 84m with 55.3m in circulation, with 35% that are yet to be released. Presently, the total value of Litecoin represents 7% of Bitcoin with market cap of $164.2 billion. A flood of keen investors were seen over the past week during period before Litecoin Cash fork from Litecoin pla Continue reading >>

Bitfinex - Bitcoin, Litecoin And Ethereum Exchange And Margin Trading Platform

Bitfinex - Bitcoin, Litecoin And Ethereum Exchange And Margin Trading Platform

Bitfinex allows up to 3.3x leverage trading by providing traders with access to the peer-to-peer funding market. Liquidity providers can earn interest by providing funding to traders wanting to trade with leverage. Funding is traded on an order book at various rates and periods. Bitfinex offers a suite of order types to give traders the tools they need for every scenario. Discover more about our most advanced Algorithmic orders types. Organize your workspace according to your needs: compose your layout, choose between themes, set up notifications and data preferences. Security of user information and funds is our first priority. Learn more about our security features and integrations. Continue reading >>

What Is Ripple? - Icecubed Bitcoin And Litecoin Exchange - South Africa : Cryptocurrency

What Is Ripple? - Icecubed Bitcoin And Litecoin Exchange - South Africa : Cryptocurrency

No pumping, shilling, or FUD (fear, uncertainty, doubt). Do not use multiple sockpuppet accounts to manipulate votes to achieve a narrative. Do not solicit, complain about, or make predictions for votes. Do not incite or encourage illegal activities. Content promoting leaks, buying/selling drugs, tax evasion, etc will be removed. No malware, spyware, phishing, or pharming links. Do not post addresses or seek donations without pre-approval from the moderators. Pre-approval is granted in only the most extraordinary circumstances. High-quality submissions are encouraged. Baseless price speculation, shilling, repetitive posts et cetera are removed. "Recommend a coin" can be discussed on the daily thread. See our Expanded Rules wiki page for more details about this rule. Do not reveal personally identifying information(PII), otherwise known as doxxing yourself. Divulging how many coins you own can make you a target of hackers and identity thieves. Do not doxx other redditors even if they engaged in an illicit activity. Report them to the mods instead. Do not steal content, also known as scraping or plagiarizing. Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban. Use this tool to help determine if content is stolen or not. Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed. Exceptions will be made for analysis of political events and how they influence cryptocurrency. No clickbait. Titles cannot be misleading. They should accurately represent the content being linked. No low-effort content typically characterized by low character count, all caps, & banal wording. Example: "SELL SELL SELL!!!", "BUY!!", or "MOON!" See our Expanded Rules wiki page for Continue reading >>

Ice3x Review - South Africa Buy & Sell Bitcoin Cryptocurrency Exchange?

Ice3x Review - South Africa Buy & Sell Bitcoin Cryptocurrency Exchange?

ICE3X is a South African bitcoin exchange that has quietly expanded across Africa over the past few years. Find out everything you need to know about ICE3X today in our review. ICE3X is a bitcoin exchange based in South Africa. The exchange offers particularly strong liquidity in the BTC/ZAR pair, but also BTC/GBP and BTC/NGN trading, both of which have good volume. The exchange is active in South Africa, Nigeria, and the United Kingdom. In addition to bitcoin trading , ICE3X allows users to trade in Ripple and Litecoin. One of the unique things about ICE3X is that they run a 100% cold storage policy. That means all coins are stored offline, in special vaults, away from security threats. Like most major exchanges , ICE3X also subjects customers to verification requirements, including Know Your Customer, so proof of ID/residence is required. ICE3X accepts all of the following deposit options: South African Rand (ZAR): Bank transfer (EFT) Trading Fees: 1% of trade value for individuals, 0.8% for traders ICE3X advertises all of the following features: ICE3X is based in South Africa. The exchange is known colloquially online as the Ice Cubed Exchange, although the company is officially registered as Internet Currency Evolution Cubed. The company is led by Tristan Winters, Gareth Grobler, Johan Gouws, and Michael Parsons. The goal of ICE3X, according to the official website, is To provide internet currency solutions for real world problems, using block chain technology to remove market barriers and creating new methods of transacting online. The exchange, understandably, is particularly popular throughout South Africa and Nigeria. ICE3X is a South African bitcoin exchange with a unique fee structure: it doesnt charge high fees on deposits or withdrawals (deposits are free), Continue reading >>

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