Skip to main content

Bybit Introduces a New Fiat On-Ramp Service, Expanding Crypto Trading in South Africa

JOHANNESBURG, SOUTH AFRICA – (AfricaNewswire.net) — Bybit, one of the world's leading cryptocurrency exchanges, has launched a fiat on-ramp service for the South African Rand (ZAR). This means users can now deposit ZAR directly into their Bybit account through local bank transfers, including instant EFT, and start trading digital assets without expensive middlemen.

Joshua Yau, Bybit's Global Regions Executive, expressed enthusiasm about the expansion, stating, "This marks a significant milestone for Bybit as we bring access to global leading products to the passionate crypto community in South Africa in line with regulatory requirements. This marks an important step in our compliance efforts. We are committed to providing a secure and seamless trading experience, industry-leading trading tools, and low-cost access that empower our users."
With this upgrade, buying Crypto in South Africa has become more straightforward and fuss-free. Traders no longer need to rely on costly third-party services to fund their accounts. Instead, they can instantly top up with ZAR and access Bybit's deep liquidity, low trading fees, and a wide range of cryptocurrencies. Whether wishing to buy USDT, Bitcoin, Ethereum, or other tokens, the process is smooth, secure, and designed for South African users.
Traders must provide the required documents on their first transaction and follow the directions to easily make their instant EFT through OZOW while remaining on the Bybit Website. The funds will then appear immediately in their Bybit account as USDT.
Implementing ZAR on-ramping and off-ramping in South Africa highlights the growing importance of South Africa as a crypto hub. With a user-friendly interface, strong security, and innovative products, Bybit is positioning itself as the most renowned crypto exchange in South Africa for both beginners and experienced traders.
Traders looking for the easiest way to deposit ZAR, buy Bitcoin, and trade crypto in South Africa, have been given a reliable gateway into the world of digital assets.
Bybit Fintech FZE is a Juristic Representative of Altify SA Capital (Pty) Ltd, an authorised financial services provider (FSP no. 52727), registered under South African company number 2022/321703/07.
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralised world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3.
Media Contact
Sylvester Okoro, Head of Social Media
+2348161202016
Sylvester.okoro_os@bybit.com
This press release is issued through AfricaNewswire.net™ (www.africanewswire.net)  – a newswire service for Africa and it is distributed by EmailWire™ (www.emailwire.com) – the global newswire service that provides Press release distribution with guaranteed results™.

Comments

Post a Comment

Popular posts from this blog

Ducab to Experience Big Lift in the Power Industry Automation with Accely’s SAP EHS Solution

DUBAI, UAE – ( ARAB NEWSWIRE ) - Accely , a global SAP Gold Partner connected with Tamer Hamed, CIO, Ducab , a power pioneer, to automate its operations and comply with the technologically advanced SAP EHS solution. In the last two decades, Nilesh Shah, CEO, Accely, and his team have empowered businesses across industries worldwide with automated SAP solutions . "It is an immensely great pleasure for Accely to be associated with Ducab, to facilitate the right SAP solution, and strengthen Ducab's system performance. With this SAP solution, it can cope at a faster pace with the changing EHS regulations for the power industry and meet diverse customer demands," said Nilesh Shah. There is an unexpected surge in demand for energy, and Ducab, a leading power firm, realized that this might lead to a decline in energy deliverables. For that reason, the company wanted an intelligent solution that could assist it in automating activities and managing them effectively. Accely...
Post a Comment
Read more
شركة أورتا آسيا للاستثمار القابضة تصدر تحديثا استراتيجيا بعد 6.2 مليار دولار اتفاق الطاقة الكهرمائية مع جمهورية قيرغيزستان   يسلط التحديث الضوء على التوافق مع تصنيف الاتحاد الأوروبي وأهداف الاستثمار الأخضر العالمية   اسطنبول / بيشكيك - ( ARAB NEWSWIRE ) - في أعقاب الإعلان العام الذي أصدرته شركة إهلاس القابضة في 11 أغسطس 2025 بشأن اتفاقيتي استثمار رئيسيتين تم توقيعهما بين شركة أورتا آسيا للاستثمار القابضة وحكومة جمهورية قيرغيزستان ، أصدرت أورتا آسيا اليوم تحديثا استراتيجيا يوضح بالتفصيل الأهمية الدولية ورؤية الاستدامة طويلة الأجل لمبادرة الطاقة الكهرومائية التاريخية.   وتمثل هذه الاتفاقيات، التي تشمل تطوير ست محطات للطاقة الكهرومائية على نطاق المرافق عبر سلسلتين متميزتين بقدرة إجمالية تبلغ 2,217 ميجاوات، واحدة من أهم استثمارات القطاع الخاص في مجال الطاقة في تاريخ المنطقة، حيث تبلغ النفقات الرأسمالية الإجمالية حوالي 6.3 مليار دولار أمريكي.   في بيان صدر اليوم ، أكدت شركة أورتا آسيا للاستثمار القابضة على توافق المشروع...
Post a Comment
Read more

APAC is expected to hold largest share of refrigeration monitoring market in 2025

Refrigeration Monitoring Market by Offering (Hardware, Software, and Service), Sensor (temperature, defrost, touch, liquid level, gas detector, contact, motion detector, pressure), Application, Industry, and Region - Global Forecast to 2025 Saudi Arabia (BLOGGERS NETWORK) The  refrigeration monitoring market  is projected to grow from USD 7.4 billion in 2020 to USD 11.1 billion by 2025, at a CAGR of 8.3%. Key factors fueling the growth of this market include changing food consumption patterns, shifting consumer preferences for organic food products, increasing demand for high-quality packed food products, growing demand for temperature-sensitive drugs, high disposable income, and the need to reduce food wastage. Download PDF Brochure:- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=131776121 Hardware accounted for largest share of refrigeration monitoring market in 2019 In 2019, hardware accounted for the largest share of the refrigeration monitoring market. Hardware ...
Post a Comment
Read more