HOW TO SELL YOUR CRYPTOCURRENCY FOR ZAR?

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.

  1. Login to your OVEX account
  2. Navigate to 'OTC' in the menu and click on 'Request for Quote (RFQ)' in the dropdown
  3. 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
  4. 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)
  5. Click on 'Sell' and input the amount of cryptocurrency you want to liquidate into the top bar
  6. A quote will then populate. You can choose whether or not to accept said quote
  7. If you are happy with the quote - then click on accept

Nice work. You have successfully sold your cryptocurrency for South African Rands!