OVEX | Bitcoin and Cryptocurrency Exchange

Arbitrage Service

Arbitrage Service

The OVEX Arbitrage Service is a product that is designed to exploit mismatches in the price of Bitcoin in U.S. Dollars (USD) and South African Rands (ZAR). Over the past 4 years, BTC/ZAR markets have traded at an average premium of 4.6% to BTC/USD markets.

The Arbitrage Service enables OVEX customers from South Africa to use their annual Single Discretionary Allowance (SDA) of R1 million and Foreign Investment Allowance (FIA) up to an additional R10 million to earn arbitrage trading profits.

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Your total allowance must be greater than or equal to your starting capital amount

Your total allowance cannot exceed R1 million

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Your starting capital amount must be at least R50,000