SA Crypto

A short voice note from the CEO of VALR, exclusively speaking to SA/Global Crypto regarding their significant $50 million Series B funding round, the largest ever funding round in African crypto.

Ferris Cars in Gauteng, South Africa recently held a high profile event whereby a client purchased a Ferrari for 2.3 BTC.  AltcoinTrader were instrumental in helping Ferris Cars accept Bitcoin as payment, and we spoke with the exchange's CEO Richard de Sousa about the landmark sale, and what it means for crypto adoption.

In huge news for South Africa's crypto industry, AltCoinTrader have announced that they will slash their trading fees by over a third from 0.375% down to 0.1% - but in addition, will also be listing PolkaDot's native coin, DOT. We spoke with their CEO Richard de Sousa about the big news to get the full low down of everything that's happening. Don't forget to visit our YouTube channel for more great podcasts and interviews: https://www.youtube.com/channel/UCkKgXHf4nRzBCkA8jfUDMMg 

South Africa's Financial Sector Conduct Authority (FSCA) released a statement today that they intend to declare cryptoassets "financial products" in early 2021. The declaration would come under South Africa's Financial Advisory and Intermediary Services Act (FAIS). The FSCA did not state exactly when the declaration would come into effect, but the authority have invited interested members of the public to submit their comments to the office before 28 January 2021, indicating a likely declaration in late Q1 or early Q2 2021. Richard de Sousa (AltCoinTrader), Marius Reitz (Luno), and Farzam Ehsani (VALR)  gave us comment.

Sponsored by *My BINANCE Class* ! Earn up to R8500 just for doing your own crypto webinar! Apply here: https://globalcrypto.tv/become-a-binance-tutor-and-earn/   // IN THIS EDITION we look at the recent massive break to the upside, and what the short-term holds, while also eyeing some serious potential on the ETH chart - not before a cool off likely happens first though!  // IF YOU AREN'T IN OUR TELEGRAM GROUP, JOIN HERE: // https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg  // - - - - - - - - - - - - - - - - - - - - - - - - - -   // 🔖 BOOKMARK www.globalcrypto.tv TODAY! 🔖  // 🐦 Follow us on Twitter: https://www.twitter.com/GlobalCryptoTV  // 📷 Follow us on Instagram: https://www.instagram.com/GlobalCryptoTV  // 👍 LIKE us on Facebook: https://www.facebook.com/GlobalCryptoTV  📰  // Sign up for our FREE weekly newsletter giving you an in-depth summary of what happened in the crypto markets, and what to expect: // https://mailchi.mp/3f456359e53f/globalcrypto  // - - - - - - - - - - - - - - - - -  // 🎧 SUBSCRIBE TO THE PODCAST   // APPLE: https://podcasts.apple.com/us/podcast/the-global-crypto-podcast/id1512998570?ign-mpt=uo%3D4  // SPOTIFY: https://open.spotify.com/show/5wzdRWM2TNAUvjy6ZjFlSu  // OTHERS: http://podcast.globalcrypto.tv/  // RSS FEED: https://feeds.buzzsprout.com/1083506.rss   // - - - - - - - - - - -    // Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here:     // BTC address:  // 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS     // ETH address:  // 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

As reported here: https://globalcrypto.tv/south-africas-altcointrader-opposes-absa-in-court-interdict/ Global Crypto has learned of a developing David and Goliath scenario in the South African crypto industry, wherein crypto exchange AltCoinTrader appear to be taking on banking giant ABSA Bank in the country’s High Court. According to sources, AltCoinTrader were served with a notice from MyGate Communications (Pty) Ltd received by the exchange last week Tuesday 01 September 2020. The notice informed the exchange that their QR code payment gateway service would cease to serve AltCoinTrader with immediate effect. MyGate’s “Zapper” product is one of South Africa’s largest QR code payment gateway service providers, and according to our source, AltCoinTrader is among their top 5 clients by payment volume. Global Crypto reached out to the company’s CEO, Richard de Sousa who confirmed the information - this interview provides de Sousa's comments.

In case you haven't heard, VALR have just announced a Series A funding round whereby they raised $3.4 million. And part of that Series A was made up of the 100x Group, who are the holding company of BitMEX - yes... THE BitMEX. We had to get in touch with VALR's CEO Farzam Ehsani to find out more!

We have a BIG announcement to make! We have a huge show we're launching on Monday 11 May: The Global Crypto Podcast with Luno. In today's show, we feature one of our guests from that Podcast, Macro Economist Raoul Pal who answers what will happen when institutional investors start coming into crypto.  Graeme also looks at the Bitcoin trend in the year to date, and sees some very bullish signs.  Watch the video version here: https://youtu.be/td1Z0rXbJmM 

The "African Blockchain Profiles" is a series whereby we feature a different Blockchain entrepreneur or influencer from the African continent each week. In this episode we interview the CEO and Co-founder of Revix, Sean Seanders. Sean is an accomplished Financial Analyst with an impressive resumé. Sanders had a successful modelling career before turning all his attention toward economics. He founded Revix with University friend Louis Buys in order to offer an easy vehicle for investing in cryptocurrency. In this interview, Sanders shares his entrepreneurial journey, his outlook on the global economy in light of Covid-19, and where he thinks cryptoassets fit into the picture. Visit Revix at www.revix.com 

Sponsored by *ALTCOINTRADER*, one of South Africa's leading crypto exchanges, offering 23 digital assets INCLUDING digital versions of real-world Gold and Silver. Sign up and get their incredible, personalised customer service: http://bit.ly/actonsacheader IN THIS EDITION! Graeme looks at how the US Dollar is strengthening significantly against emerging markets, leading us into chatting about various Forex trading practices. We see there isn't much movement on Bitcoin and the Alts, but that is likely because the volatility needs to cool down just a bit before the next "wind-up".  We also take a look at a tweet by famous Bitcoin early-adopter and entrepreneur Charlie Shrem, who sees some big institutional money. Watch the video version of this interview here: https://youtu.be/ShJydsrIqeQ - - - - - - - - - - - SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa. Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg (If the above link has expired, reach out to us on Twitter for the latest link) - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - - Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here: BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

This morning VALR announced an automated withdrawal system! They're calling "Blitz Processing", and we chatted to their CEO Farzam Ehsani about how it all works. SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa. Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg (If the above link has expired, reach out to us on Twitter for the latest link) - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - - Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here: BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

In this edition, Graeme takes us through his successful bullish trades he saw on the weekend, explains where they went and why, and then takes a look at what could be expected next. The charts we look at are BTC/USD, ETH/USD and the Altcoin market cap excluding Bitcoin. Watch the video version here: https://youtu.be/7hjxCwIzU4U - - - - - - - - - - - SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa. Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg (If the above link has expired, reach out to us on Twitter for the latest link) - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - - Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here: BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

Although Tanya was with us three weeks back after Blockchain Africa, we wanted to get some further insights into Binance SA's operation after the launch of their BTC/ZAR markets this week. Take a listen! - - - - - - - - - - - SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa. Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg (If the above link has expired, reach out to us on Twitter for the latest link) - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - - Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here: BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

Sponsored by *HUOBI*, one of the world's leading crypto exchanges, offering thousands of digital assets, leverage trading, and incredible liquidity . Sign up and get great fees and great service: https://www.huobi.io/en-us/register/?invite_code=dsu35 IN THIS "LOCKDOWN EDITION", James and Graeme video call each other and discuss the crazy rebound in traditional markets, they discuss the strength of the US Dollar in these times, and then of course look at the Bitcoin price in light of the current (and depressing) economic climate. Watch the video version of this interview here: https://youtu.be/0bwafbXNTVo - - - - - - - - - - - SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa. Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg (If the above link has expired, reach out to us on Twitter for the latest link) - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - - Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here: BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

Sponsored by *HUOBI*, one of the world's leading crypto exchanges, offering thousands of digital assets, leverage trading, and incredible liquidity . Sign up and get great fees and great service: https://www.huobi.io/en-us/register/?invite_code=dsu35   IN THIS EDITION! We're in unprecedented times! And we start with having a good look at the S&P500 in the USA, and get an idea of what is happening in traditional financial markets. It doesn't look good at all. We then look deeply into Bitcoin, and see the potential of crypto decoupling from traditional market movements, and also at the short term prospects after a great recovery in the last 24 hours. Watch the video version of this interview here: https://youtu.be/Y6EFovZcgNI - - - - - - - - - - - SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa. Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg (If the above link has expired, reach out to us on Twitter for the latest link) - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - - Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here: BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

We sat down with Mpho Dagada at Blockchain Africa 2020 and discussed how he first came into Bitcoin, and how he thinks blockchain can be best utilised for economic development in South Africa. You can follow Mpho on Twitter here: https://twitter.com/mphodagada You can watch the video here: https://youtu.be/IM7CYFXaB6c - - - - - - - - - - -   SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa.  Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg    (If the above link has expired, reach out to us on Twitter for the latest link)   - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - -   Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here:    BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS    ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

Binance made the big announcement at Blockchain Africa 2020 that they would be officially launching "Binance South Africa", with direct ZAR deposits and the trading of 5 ZAR pairs. We sat down with their newly announced Country Manager Tanya Knowles to get an idea of these plans, the timeline, and find out more about the planned $1 million social investment into the country as well. Watch the video version of this interview here: https://youtu.be/j90FAPz77Ak - - - - - - - - - - -   SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa.  Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg    (If the above link has expired, reach out to us on Twitter for the latest link)   - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - -   Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here:    BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS    ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

We caught up with Tone Vays at Blockchain Africa 2020, and chatted to him about his visit to South Africa, his feeling on Cape Town versus Johannesburg, and what he thinks about crypto adoption in South Africa. The interview was recorded before the start of the event, where Tone was going to be on stage speaking about Bitcoin’s value proposition. Find out more about Tone and his work on Twitter, his website, and his YouTube channel: https://www.youtube.com/channel/UCbiWJYRg8luWHnmNkJRZEnw https://twitter.com/ToneVays https://tonevays.com/ Watch the video version of this interview here: https://youtu.be/ba0TCCL396M - - - - - - - - - - -   SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa.  Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg    (If the above link has expired, reach out to us on Twitter for the latest link)   - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - -   Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here:    BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS    ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

Sponsored by *BLOCKCHAIN AFRICA CONFERENCE*, Africa's leading Blockchain conference! Win a ticket with R3000 by tweeting out this video and tagging "@SACrypto_" on Twitter.  The top 3 tweets with the most RTs will get a ticket to the conference in Joburg next week! To qualify to win though, you need to subscribe to our YouTube channel, and like & comment on this video.   And for those in Cape Town, join us with Tone Vays on Fri 6 March at 6pm: http://bit.ly/ToneVaysinCTN   - - - - - - - - - - - - - - - -    IN THIS EDITION! Graeme takes a look at Bitcoin only, identifying three different scenarios on the... ...Short-term: Nice and Bullish for a good trade. ...Mid-term: Bearish ...Longterm: Super bullish!  Graeme also takes us through Episode 37's "lost trade" and analyses what happened. Watch the video version of this interview here: https://youtu.be/U4ra1TJpvmI - - - - - - - - - - - SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa. Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg (If the above link has expired, reach out to us on Twitter for the latest link) - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - - Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here: BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5

Sponsored by *BYBIT*, one of the world's leading crypto derivatives exchanges, that won't randomly drop wicks to liquidate you: http://bit.ly/SACryptoByBitRef   IN THIS EDITION!  - We see first hand how Graeme reacts when he misses a trade. - We see some bullish signs on the Bitcoin chart - We chat to SA Crypto trader from Iraq, Cornel! Watch the video version of this interview here: https://youtu.be/t1LQIfs0Yn4 - - - - - - - - - - - SA Crypto is South Africa's largest blockchain community & news outlet. Follow us on our media platforms to stay up to date with what is happening with crypto in Southern Africa. Subscribe to Africa's leading blockchain industry newsletter right here: https://mailchi.mp/5e039cf5af22/sacrypto Join our Telegram Traders Group here: https://t.me/joinchat/F3_PzUs8YytfRoxQbjKEXg (If the above link has expired, reach out to us on Twitter for the latest link) - Follow on Twitter: https://twitter.com/SACrypto_ - Follow on Instagram: https://www.instagram.com/sacryptoza - Join us on Facebook: https://web.facebook.com/SACryptoCommunity?_rdc=1&_rdr - - - - - - - - - - - Please support responsible journalism in the African blockchain industry by donating Bitcoin or Ether here: BTC address: 3Edw9rR9NLenSnCStB9jYoWHb6V9UrEDgS ETH address: 0x3867BdF1e78E96a7f5bfB8585a98a2dF66919Af5