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Binance is pleased to offer deposits and withdrawals of South African Rand (ZAR) as part of Binance’s mission to increase the adoption and mainstream accessibility of crypto. Users will be able to deposit and withdraw ZAR to and from their Binance wallets via Instant EFT.
This service will be rolled out in two phases:
- Phase 1: Deposits and Trade – With immediate effect, Binance users are now able to deposit ZAR into their Binance wallets and convert ZAR to BTC, BUSD, ETH, USDT and BNB.
- Phase 2: Withdrawals – From 2022-08-25 08:00 (UTC) onward, ZAR fiat withdrawals will be enabled for all Binance users.
Please note: All users need to complete KYC to make ZAR deposits and withdrawals on Binance.