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Author Topic: 5 Places in South Africa That Accept Crypto Payments  (Read 109 times)
bitcoinisgreat (OP)
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November 13, 2020, 07:16:30 AM
 #1

So, you’ve bought Bitcoin – that’s great. But what do you actually do with it? Thousands of South African traders are asking the same question. Trading and hodling is certainly one way to go about it, but why not spend some of those hard earned digital coins?

Here is a list of 5 places that accept crypto payments in South Africa: https://4king.com/5-places-in-south-africa-that-accept-crypto-payments/
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November 13, 2020, 07:31:20 AM
 #2

Pretty envious with South Africa having this places to spend your cryptocurrency. In my country, it is both a blessing and a curse that the government does not interfere or do something with cryptocurrency, it is a blessing because no imposed taxes and a curse because there is close to none businesses that integrate crypto transaction which is inconvenient because you have to exchange it to local currency which has fees and sometimes outlets are unavailable.

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November 13, 2020, 07:46:12 AM
 #3

I have never been to S. Africa but if I ever do decide to travel there, I will make sure to Bukhara because I really enjoy Indian Food.   Also good to see a ecard companies on there.

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November 13, 2020, 09:39:33 AM
 #4

According to what my African friend said, South Africa is a country where you can spend your bitcoins or other crypto currencies easily, because if country if very much bitcoin friendly, there are also the other African counties where people accepted to use cryoto as a currency for spending.
If you take a look on Coinatmradar[1] website and search for South Africa, you will see there are also many bitcoin ATMs on South Africa from Johannesburg to other cities where you can have the experience of using bitcoin ATM on Africa.
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1. https://coinatmradar.com/bitcoin-atm-near-me/

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November 13, 2020, 12:55:18 PM
 #5

Its really a good think to see an african country accept cryptoas a payment methode in some stores but unfortenetly this think still a dream for many crypto users in many other african countries especially the north africa where there is many crypto users

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November 13, 2020, 01:11:06 PM
 #6

In a article read about Zimbabweans and other African country people making use of bitcoin on trading needs. This isn't the trading on exchanges, but on purchase of goods. Many African tradesmen come to UAE for purchase. By the time to carry lot of currencies they prefer bitcoin which can be cashed out on need. Acceptance of cryptocurrency around the globe keeps increasing, but what we see with Africa is something big. Hope this five places will make more business accept bitcoin into their business.

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November 13, 2020, 01:20:09 PM
 #7

My sisters are working in Mozambique and sometimes they are going to South Africa to buy some school supplies. They said that S. Africa is one of the best and developing country in African Continent. Now that I have seen a good news about crypto payments available in South Africa, I am wondering how this country opens their country for development. It seems like Africa wants to get involve in the progress of crypto industry.
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November 13, 2020, 02:03:34 PM
 #8

So, you’ve bought Bitcoin – that’s great. But what do you actually do with it? Thousands of South African traders are asking the same question. Trading and hodling is certainly one way to go about it, but why not spend some of those hard earned digital coins?

Here is a list of 5 places that accept crypto payments in South Africa: https://4king.com/5-places-in-south-africa-that-accept-crypto-payments/
Even if we are not allowed to use bitcoin as payment method, we can still earn using it by buying it while it is still in a low price and sell it when its price goes higher. It is the most basic thing we can do in bitcoin if we are not allowed to use it as payment method. But getting allowed by your country to use bitcoin as a payment method is still the best thing we can get because we can directly use bitcoin without needing it to convert on your country's currency.
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November 13, 2020, 02:28:00 PM
 #9

Very cool places that accepts btc, am impressed to see that, especial the Bukhara restaurant and the modlito game reserve seem like they will have much customers patronizing them and that can be good for btc awareness as well, i think in near future more stores will open to accepting digital currency as an alternative payment option, although i haven't been  to South Africa before but if i ever do, i would definitely want to check the modlito game reserve out, sounds like fun already.

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November 13, 2020, 03:11:59 PM
 #10

I personally think that with the payment system in several places in South Africa, the commodities there are very high. hence the idea of making payments with bitcoin was born. However, this gap is not automatically created just to spend bitcoins, there is a goal to attract tourists to visit there. As for other countries that will follow in the footsteps like 5 places in South Africa, feel free to depend on how the level of commodities. because it would be a waste if you allow payments with bitcoin, but there are still no cryptocurrency enthusiasts there.
So the point is to go back to the deal on the territory itself.

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November 13, 2020, 05:06:34 PM
 #11

South Africa has Africa's best-developed economy. South Africa is an economic and financial center of Africa and the world, so accepting Bitcoin in this country's payments is no longer a strange thing for me. It can be said that they are integrating very well with the world, maybe shortly Bitcoin will be more popularly accepted but I do not expect that Africa will fully accept it. For an underdeveloped continent, it is better to run government money.
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