You can easily trade your cryptocurrency for ZAR with our intuitive Buy/Sell crypto trading tool
It is important to note that you will not be able to withdraw your crypto holdings from your OVEX Wallet and into your personal bank account unless these are converted to ZAR first. To do this you must sell your crypto for ZAR using OVEX’s RfQ system.
- Login to your OVEX account
- Click on Buy/Sell in the menu
- Under Request for Quote (RfQ) select the asset that you would like to trade. In this case, you would select either ZAR or the Crypto you are looking to sell into FIAT
- The next step is to select the relevant trading pair (For example: if you wanted to sell BTC then you would select the following Crypto/Fiat pair: BTC/ZAR).
- Click on Sell and input the amount of cryptocurrency you want to liquidate into the top bar. Or alternatively you can specify the ZAR value of what you would like to liquidate in the bottom bar.
- A quote will then populate. You can choose whether or not to accept said quote.
- If you are happy with the quote - then click on accept.
Nice work. You have successfully sold your cryptocurrency for South African Rands!