Verify your account. The only way to get your bitcoins back once the transaction is made is if the person with your private key decides to return them voluntarily. Use an exchange that allows you to deposit funds into your account using a money transfer service, such as Western Union or MoneyGram, and pay for your transaction with cash.
So do they really accept Bond Notes and is EcoCash the only option?
With the recent cash crisis that has hit Zimbabwe, it has become more difficult for you to send money from Zimbabwe to South Africa. Well, Studya new startupaims to help you send money to SA through Bitcoin even if you bring Bond notes. Study is able to make these transactions in the following simple afrjca. First, afrixa have to send the money through EcoCash to one of their agents in Zimbabwe. The agent will then buy Bitcoin and send it to one of their agents in South Africa. The SA agent will then convert the Bitcoin to Rands and transfer the money to the beneficiary account within 2 days.
Read our beginner’s guide to buying bitcoin (BTC) with step-by-step instructions.
We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure. Don’t have a wallet? Luno also offers an Instant Buy feature. We may receive compensation when you use Luno. Please visit Luno for its exact pricing terms. Coinmama allows customers in almost every country to buy bitcoin with a credit or debit card.
The Regulatory Environment
Step 1. Can I buy an amount less than 1 Bitcoin? However, make sure you research your purchase thoroughly and are fully aware of the risks involved before you buy. In addition to using the two local exchanges, South Africans can acquire and trade bitcoins through un following:. The final step is to submit an order through your chosen platform. Cryptocurrency trading platforms.
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