5 min readPrimeXBT is thrilled to announce the launch of local fiat deposit and withdrawal options, tailored exclusively for our South African clients.
Trading is more accessible than ever with the addition of popular local payment methods, including Binance Pay, Capitec Pay, and other leading South African banks. Plus, with instant withdrawals now available for the majority of transactions, you can enjoy faster access to your funds.
Deposits Made Easy with Local Banks
South African traders can now deposit funds for free using their preferred local banking options. PrimeXBT supports ZAR (South African Rand) deposits through multiple trusted banks and payment platforms.
Here’s the full list of supported options:
- Capitec Pay
- Binance Pay
- FNB (First National Bank)
- Absa
- African Bank
- Bidvest Bank
- Discovery Bank
- Investec
- Nedbank
- Standard Bank
- TymeBank
How to Deposit Funds into Your PrimeXBT Account
Depositing funds is quick and simple:
- Log in to your PrimeXBT account and select the “Deposit” option on your dashboard.
- Select your preferred bank, Capitec Pay, or Binance Pay.
- Enter your deposit amount.
- Follow the prompts to complete your transaction securely.
💡 Tip: All ZAR deposits are automatically converted to USD, allowing you to access global markets with ease.
Instant Fiat Withdrawals – Fast, Secure, and Reliable
We’re also excited to introduce instant fiat withdrawals for South African clients. The majority of withdrawals will now be processed instantly, giving you quicker access to your funds when you need them most.
For the remaining transactions, withdrawals will be securely reviewed and completed within 24 hours.
How to Withdraw Funds
- Go to the Withdrawal section in your PrimeXBT account.
- Select Bank, Binance Pay, or Capitec Pay as your preferred method.
- Enter the amount you wish to withdraw.
- Complete the verification steps and confirm your transaction.
Withdrawals will reflect quickly in your local bank account, ensuring a smooth and hassle-free experience.
Why PrimeXBT? A Localised Experience for South African Traders
PrimeXBT continues to set new standards for accessible and efficient trading in South Africa:
- Manage your funds without added costs free deposits and bank withdrawals.
- Support for local banks and widely-used payment platforms like Capitec Pay.
- Instant withdrawals for most transactions.
- Automatic ZAR-to-USD conversion, enabling global market access.
- A commitment to security, stability, and user-friendly solutions.
South African traders can now manage their funds seamlessly, focus on opportunities in global markets, and enjoy a trading experience designed with their needs in mind.
Start Trading with PrimeXBT in South Africa
Whether you’re a new trader or a seasoned professional, PrimeXBT provides the tools and resources to enhance your trading journey. With local payment options, quick withdrawals, and competitive conditions, we’re here to help you access global opportunities with confidence.
Ready to get started?
Explore our local payment options and experience an improved way to begin Global trading.
Conclusion:
The launch of local deposit and withdrawal methods, including instant fiat withdrawals, marks an exciting milestone for PrimeXBT in South Africa. By combining convenience, speed, and trusted local solutions, we’re supporting traders every step of the way.
Stay tuned for more exciting updates as we continue to deliver trading solutions tailored to South African traders!
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