SAFCOIN FEES

Crypto Trade fees

Method

Description

Fee

Send

Send SAFCOIN or Bitcoin to a wallet address using the SAFCOIN wallet and exchange.

FREE

Ask Fee

Sell

FREE

Bid Fee

Buy

1%

Instant Buy

Instant buy fee if you prefer not to trade on the

exchange.

2%

Minimum Ask

You cannot sell your coin(s) below 5% of the current market value in a single transaction.

5%

Maximum Ask

You cannot sell your coin(s) above 15% of the current market value in a single transaction.

15%

Deposit Fees

Currency

Payment Method

Fee

Processing Time

ZAR

Bank Deposit EFT

FREE

1-3 Days depending on bank clearance.

ZAR

Bank Deposit Cash ATM only

5%

Up to 24 Hours

BWP, GHS, KES, MUR, MZN, SCR, ZAR, ZMW

Credit Card Facilitated by MyGate

4%

Instant

Other currencies not specified above may incur additional credit card currency conversion or processing charges, please check with your bank in this instance.

BWP, GHS, KES, MUR, MZN, SCR, ZAR, ZMW

Instant EFT Facilitated by MyGate

2%

Instant

BWP, GHS, KES, MUR, MZN, SCR, ZAR, ZMW

MyGate transaction Fee

ZAR2.00

Countries currently supported for credit card and instant EFT deposits of which fees stipulated above apply to: South Africa, Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Zambia.

WITHDRAWAL fee

Currency

Method

Fee

Processing Time

ZAR

EFT ONLY

ZAR8.50

1-3 Days depending on bank clearance.

BWP, GHS, KES, MUR, MZN, SCR, ZMW

Coming Soon

Note: MyGate acts as a third party payment facilitator to SAFCOIN for processing credit card and instant EFT deposits. The PCI Security Standards Council offers robust and comprehensive standards and supporting materials to enhance payment card data security. These materials include a framework of specifications, tools, measurements and support resources to help organisations ensure the safe handling of cardholder information. MyGate is Level 1 Certified provider and is required to be PCI DSS compliant, undertaking annual audits from an external Qualified Security Assessor. SAFCOIN does not store or have access to ANY card- or payment information supplied to MyGate. For more information visit https://mygate.co.za/

Feel free to contact the SAFCOIN support team should you require any further information regarding our fees by emailing support@safcoin.co.za