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Binance Adds South African Rand (ZAR) Fiat Gateway

2022-08-22 10:52
Fellow Binancians,
Binance is pleased to offer deposits and withdrawals of South African Rand (ZAR) as part of Binance’s mission to increase the adoption and mainstream accessibility of crypto. Users will be able to deposit and withdraw ZAR to and from their Binance wallets via Instant EFT.
This service will be rolled out in two phases:
  • Phase 1: Deposits and Trade - With immediate effect, Binance users are now able to deposit ZAR into their Binance wallets, and purchase BTC, BUSD, ETH, USDT and BNB with their ZAR balance.
  • Phase 2: Withdrawals - From 2022-08-25 08:00 (UTC) onward, ZAR fiat withdrawals will be enabled for all Binance users.
Please note: All users need to complete KYC to make ZAR deposits and withdrawals on Binance.
Thanks for your support!
Binance Team
2022-08-22
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Note: This announcement was last updated on 2022-08-23 to amend the hyperlinks in the announcement, and clarify on the services available during Phase 1 of the roll-out.
Binance reserves the right at its sole and absolute discretion, to change or modify the terms applicable to this activity and competition at any time, and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Past performance is not a reliable predictor of future performance. Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice, if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on your individual circumstances. Not financial advice. For more information, see our Terms of Use and Risk Warning.