5 min readSouth African crypto trading gains momentum with PrimeXBT’s latest expansion, as we’ve received authorisation from the Financial Sector Conduct Authority (FSCA) to offer Crypto Asset services. This reinforces our position as a regulated multi-asset provider in the region and marks a turning point in crypto access and trading across South Africa through a regulated infrastructure prioritising long-term trust and transparency.
New crypto opportunities for South African traders
Bringing Crypto Asset services into our FSCA-regulated offering reshapes how local traders interact with markets. South African clients can now choose between fiat and crypto-denominated accounts across MT5, PXTrader, and Crypto Futures — all from one trusted broker.
Crypto-backed margin trading is available, allowing positions to be opened and settled using digital assets like BTC, ETH, USDT, and USDC. These same assets can also be deposited or withdrawn directly, offering faster access and more flexible capital management. To streamline the experience, we’ve also introduced conversion tools through our powerful Crypto Exchanger, allowing clients to switch between stablecoins and USD, or between different cryptocurrencies directly on the platform.
Everything from crypto funding and conversion to trading and settlement is now available through one fully regulated environment built with local market needs in mind. Beyond digital assets, we continue to offer access to a wide range of global markets, including Forex, Stock CFDs, Commodities, and Indices, giving traders in South Africa a truly well-rounded trading experience.
Trading involves risk.
A broader push for regulated crypto adoption in Africa
PrimeXBT’s latest approval by the FSCA in South Africa comes at a time when regulatory clarity is increasingly essential for both consumer protection and industry innovation. As one of the few brokers in the region to operate under a formal licence for both traditional and crypto services, we’re helping set the standard for what responsible, secure digital asset access should look like.
This move may be observed by other jurisdictions as they continue to shape their own licensing frameworks and digital finance strategies. By demonstrating how compliance and user experience can work in tandem, PrimeXBT may help in supporting the advancement of regulated and secure crypto access across emerging markets.
A better way to trade — with confidence
The addition of Crypto Asset services under a recognised regulatory body reinforces PrimeXBT’s long-term commitment to South Africa and its clients. This milestone supports the delivery of a secure, accessible, and modern trading environment that meets the real needs of local traders.
As South Africa continues to evolve into a regional leader for financial technology and digital innovation, we’re ready to support that growth with regulation, infrastructure, and trust at our core.
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