When using our platform, it is important to carefully read and fully understand the terms of service provision. Regardless of whether you use tools for cryptocurrency trading or solutions based on artificial intelligence, knowledge of local legal norms and tax obligations is of essential importance. For example, crypto assets are generally treated as intangible assets, and gains are subject to Capital Gains Tax (CGT) at an effective rate of up to 18% for individuals on gains exceeding the annual exclusion of R40,000. Frequent trading may be classified as income and taxed at rates up to 45%.
In South Africa, crypto asset service providers (CASPs) must be licensed by the Financial Sector Conduct Authority (FSCA) under the Financial Advisory and Intermediary Services (FAIS) Act. Crypto activities are also subject to anti-money laundering (AML) and counter-terrorist financing (CFT) requirements under the Financial Intelligence Centre Act (FICA), overseen by the Financial Intelligence Centre (FIC). The South African Revenue Service (SARS) and South African Reserve Bank (SARB) regulate tax and exchange control aspects, with crypto increasingly integrated into capital flow management. From March 2026, the Crypto-Asset Reporting Framework (CARF) requires CASPs to report transaction data to SARS for tax transparency.
These regulations aim to protect consumers, ensure market integrity, prevent financial crime, and promote responsible innovation in the crypto sector.
By agreeing to our privacy policy and terms of use, you confirm that certain personal and financial data may be transferred to trusted third-party trading service providers to the extent necessary for the provision of the service and in compliance with legal requirements (including FAIS, FICA, and data protection rules).
Our platform offers flexible trading strategies: you can choose between AI-based automated trading, support from human brokers or manual decision-making — all of this is adapted to your individual needs and preferences.
It is recommended to independently familiarize yourself with the current rules of the FSCA, SARS, FIC, SARB, CARF, and the tax legislation of South Africa before starting any trading activity.
