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 will enable OVEX customers from South Africa to use their annual Single Discretionary Allowance (SDA) of R1 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