7 Best Crypto Exchanges in South Africa in 2025

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South Africa has rapidly evolved into one of Africa’s most active cryptocurrency markets. With increasing digital adoption and a growing number of investors entering the space, choosing the right crypto exchange is more important than ever. Whether you're a beginner or an experienced trader, this guide breaks down the top 7 crypto exchanges in South Africa—evaluated for security, fees, supported assets, user experience, and more.

We’ll also explore key selection criteria and answer frequently asked questions to help you make informed decisions in 2025.

How to Choose the Best Crypto Exchange in South Africa?

Not all exchanges are created equal. What works for a high-frequency trader may not suit a long-term investor. To help you find the ideal platform, consider these essential factors:

Reputation and Security Measures

Opt for platforms with a strong track record in the South African market. Look for features like two-factor authentication (2FA), cold storage of funds, and regulatory compliance. Trusted exchanges often undergo regular audits and maintain transparent operational policies.

Exchange Fees

Trading costs add up quickly. Evaluate maker/taker fees, deposit and withdrawal charges, and any hidden costs. Frequent traders should prioritize low-fee platforms to maximize returns.

Supported Cryptocurrencies

Diversification starts with choice. The best crypto exchanges in South Africa offer not only Bitcoin (BTC) and Ethereum (ETH) but also a wide range of altcoins like Solana (SOL), Cardano (ADA), and stablecoins such as USDT and USDC.

Trading Volume and Liquidity

High liquidity ensures faster order execution and tighter spreads. Exchanges with strong trading volumes reduce slippage and make it easier to enter or exit positions.

User-Friendly Interface

Beginners benefit from intuitive designs and educational resources, while advanced traders need access to charts, technical tools, and order types. A well-balanced interface caters to both audiences.

Customer Support

Reliable support via live chat, email, or phone is crucial. Delays in resolving account issues or withdrawals can be costly—especially during volatile market movements.

Additional Features

Look for value-added services like staking, margin trading, futures contracts, and passive income options. These features can enhance your investment strategy beyond simple buying and selling.

👉 Discover a platform built for seamless trading and powerful tools tailored to your goals.

1. Binance

Launched in 2017, Binance dominates the global crypto landscape—and South Africa is no exception. Known for its massive daily trading volume (over $5 billion), Binance combines robust security with a comprehensive suite of trading options.

Key Features:

Fees:
Standard trading fees are 0.1% for makers and takers. Users who pay with BNB, Binance’s native token, receive a 25% discount (0.075%). VIP tiers further reduce costs based on trading volume.

Supported Cryptocurrencies:
Over 150+ cryptocurrencies, including major and emerging tokens.

User Experience:
Binance strikes a balance between accessibility and advanced functionality. Its clean design helps newcomers navigate easily, while pro traders enjoy powerful charting tools and algorithmic trading support.

2. Bybit

Founded in 2018, Bybit has gained popularity among South African traders for its focus on derivatives and passive income options.

Key Features:

Fees:
Standard fee is 0.1% for makers and takers, decreasing with VIP status. No deposit fees; withdrawal fees vary by asset.

Supported Cryptocurrencies:
More than 100 coins, including BTC, ETH, AAVE, Algorand, and Dash.

User Experience:
Simple layout ideal for new users, yet equipped with professional-grade tools like advanced order types and real-time market data.

👉 Start trading with confidence on a platform trusted by millions worldwide.

3. Luno

One of the earliest entrants in the African market (founded in 2013), Luno remains a favorite among conservative investors due to its strong compliance and security standards.

Key Features:

Fees:

Supported Cryptocurrencies:
12 major coins: BTC, ETH, XRP, AVAX, LTC, ADA, SOL, LINK, UNI, BCH, USDC, USDT

User Experience:
Perfect for beginners seeking simplicity. However, lacks advanced trading tools preferred by experienced users.

4. Kraken

Established in 2011, Kraken is renowned for its top-tier security and transparency. Though it temporarily paused ZAR deposits, it remains a solid choice for international traders.

Key Features:

Fees:
Tiered structure:

Supported Cryptocurrencies:
Over 220+ digital assets

User Experience:
Beginner-friendly main site; Kraken Pro offers complex tools for professionals.

5. VALR

A homegrown South African exchange launched in 2018, VALR emphasizes local accessibility and strong security.

Key Features:

Fees:

Supported Cryptocurrencies:
60+ including BTC, ETH, and popular altcoins

User Experience:
Clean design with mobile app support—ideal for all skill levels.

6. Coinbase

Founded in 2012, Coinbase is known globally for ease of use and strong regulatory compliance.

Key Features:

Fees:

Supported Cryptocurrencies:
150+ across 9 blockchain networks

User Experience:
Highly intuitive—perfect for first-time investors.

7. KuCoin

Since 2017, KuCoin has attracted users with its vast selection of tradable assets.

Key Features:

Fees:
Base fee: 0.1%, reducible by 20% using native token KCS

User Experience:
Complex interface—best suited for intermediate to advanced traders.

👉 Unlock advanced trading tools and explore new opportunities today.

Frequently Asked Questions (FAQ)

Which South African crypto exchange has the lowest fees?

Binance offers some of the lowest trading fees at just 0.1%, which drops to 0.075% when using BNB. VALR also provides competitive rates, especially for USDC pairs.

What’s the best altcoin exchange in South Africa?

KuCoin leads with over 700 supported cryptocurrencies, making it the top choice for altcoin enthusiasts.

What is the safest crypto exchange in South Africa?

Luno stands out due to its regulatory compliance, cold storage practices, and transparent operations—making it one of the most secure options locally.

How can I sell Bitcoin in South Africa?

To sell Bitcoin:

  1. Choose a trusted exchange (e.g., Luno or VALR)
  2. Complete identity verification
  3. Deposit BTC into your exchange wallet
  4. Place a sell order
  5. Withdraw ZAR to your bank account
  6. Report gains for tax purposes

What crypto exchange is best for beginners in South Africa?

Binance and Bybit offer excellent onboarding experiences with educational content and simple interfaces—ideal for new investors.

Is crypto legal in South Africa?

Yes, cryptocurrency is legal. The South African Reserve Bank recognizes it as a valid asset class, though users must comply with tax regulations set by SARS.

How is crypto taxed in South Africa?

Crypto profits are subject to either:

Always consult a tax professional to ensure compliance.

By evaluating each exchange based on your needs—whether it’s low fees, security, altcoin variety, or ease of use—you can confidently choose the best crypto exchange in South Africa for 2025.