5 min readA complete crypto experience has officially landed in South Africa. With PrimeXBT’s official rollout of regulated digital asset services, local traders and investors now have direct access to crypto deposits and withdrawals, crypto-denominated trading accounts, and a powerful in-platform exchanger, all through a single broker. It marks a significant step forward for digital asset integration in the region, delivering the tools traders need to take control of their portfolios, move faster, and trade smarter.
A true milestone: regulated crypto access in ZA
PrimeXBT is now authorised to offer Crypto Asset services in South Africa, complementing its existing FSCA licence, which already covered traditional financial instruments. This expansion reinforces trust and transparency in how local traders access, trade, and engage with crypto and traditional markets, all with the confidence of full regulatory backing.
Trading involves risk.
What this means for traders
Clients are now able to deposit, withdraw, convert, and trade using four of the most in-demand digital assets: BTC, ETH, USDT, and USDC. This launch reflects our commitment to a long-term presence and responsible innovation in the region.
South African clients, both new and existing, can immediately:
- Deposit and withdraw in crypto (BTC, ETH, USDT, USDC) with reliable terms and secure processing.
- Trade across all major terminals: MT5, PXTrader, and Crypto Exchange now support both USD and crypto account denominations.
- Access the in-platform Crypto Exchanger to convert between coins or swap stablecoins to USD and vice versa.
Multi-platform trading, one broker
PrimeXBT is leading the way as a regulated South African broker, integrating crypto and traditional markets across all major trading environments:
- Crypto Futures: Now available with account options in USD, USDT, USDC, BTC, and ETH.
- MT5: Trade Forex and Stock and Crypto CFDs with USDT or USD-denominated accounts.
- PXTrader: Fast execution, low fees, and now support for USD, USDT, and USDC accounts.
Buy, exchange, and grow
The built-in Crypto Exchanger allows traders to buy, hold, and convert assets without leaving the broker. Fiat<>Stablecoin and Crypto<>Crypto conversions are fast, secure, and built for flexibility.
Positioned to lead in South Africa
With this launch, PrimeXBT expands its regulated offering in South Africa under the regulatory framework of our FSCA licence, now delivering stablecoin, USD, and crypto conversion, margin trading with crypto-denominated accounts, and crypto-based deposit and withdrawal options, all backed by strong oversight and a commitment to client protection.
South African investors can now truly diversify portfolios, move capital freely between asset classes, and trade digital assets on a trusted, multi-platform trading infrastructure.
Trading involves risk.
PrimeXBT: where crypto meets TradFi
Whether trading Stock or Crypto CFDs via MT5, hedging through Forex opportunities, or exchanging stablecoins for USD, PrimeXBT now gives South African traders the full toolkit to do more with their crypto.
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The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
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